<SUBMISSION>
<ACCESSION-NUMBER>0001166003-04-000001
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>5
<PERIOD>20040106
<ITEMS>2
<ITEMS>7
<FILING-DATE>20040113
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>SEGMENTZ INC
<CIK>0001166003
<ASSIGNED-SIC>4700
<IRS-NUMBER>752928175
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>8-K
<ACT>34
<FILE-NUMBER>000-49606
<FILM-NUMBER>04523183
</FILING-VALUES>
<MAIL-ADDRESS>
<STREET1>18302 HIGHWOODS PRESERVE PARKWAY
<CITY>TAMPA
<STATE>FL
<ZIP>33647
</MAIL-ADDRESS>
</FILER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>dasheracquisitionfiling.htm
<TEXT>
<HTML>
<HEAD>
<TITLE>Form 8-K re: Dasher acquisition </TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF" TEXT="#000000" LANG="en-US">
<P ALIGN=CENTER><FONT SIZE=4 STYLE="font-size: 13pt"><B>SECURITIES AND EXCHANGE
  COMMISSION</B> </FONT> </P>
<P ALIGN=CENTER><B>Washington, D.C. 20549</B> </P>
<HR SIZE=1 NOSHADE>
<P ALIGN=CENTER><FONT SIZE=5><B>FORM 8-K</B> </FONT> </P>
<P ALIGN=CENTER>CURRENT REPORT </P>
<P ALIGN=CENTER><FONT SIZE=2>Pursuant to Section&nbsp;13 or 15(d) of the<BR>
  Securities Exchange Act of 1934 </FONT> </P>
<P ALIGN=CENTER><FONT SIZE=2><B>Date of Report:</B> </FONT> </P>
<P ALIGN=CENTER><FONT SIZE=2><B>December 31, 2003</B> </FONT> </P>
<P ALIGN=CENTER><FONT SIZE=2><B>(Date of earliest event reported)</B> </FONT>
</P>
<P ALIGN=CENTER><FONT SIZE=6><B>Segmentz, Inc.</B> </FONT> </P>
<P ALIGN=CENTER><FONT SIZE=2><B>(Exact name of registrant as specified in its
  charter)</B> </FONT> </P>
<P ALIGN=CENTER><FONT SIZE=2><B>Delaware</B><FONT FACE="Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><B>
  <FONT COLOR="#000000">000-49606</FONT><FONT FACE="Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT COLOR="#000000">
  03-0450326</FONT></B></FONT></P>
<P><FONT SIZE=2><B>(State or other jurisdiction of incorporation or organization)</B><FONT FACE="Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><B>(Commission
  File Number) </B><FONT FACE="Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><B>(I.R.S.
  Employer Identification Number) </B></FONT> </P>
<P ALIGN=CENTER><FONT SIZE=2><B>18302 Highwoods Preserve Parkway Suite 100 Tampa,
  FL 33647</B></FONT></P>
<P ALIGN=CENTER><FONT SIZE=2><B>(Address of principal executive offices)</B> </FONT>
</P>
<P ALIGN=CENTER><FONT SIZE=2><B>Registrant's telephone number, including area
  code:</B></FONT></P>
<P ALIGN=CENTER><FONT SIZE=2><B>(813) 989-2232</B></FONT></P>
<HR SIZE=1 COLOR="#000000" NOSHADE>
<HR SIZE=3 COLOR="#000000" NOSHADE>
<P STYLE="page-break-before: always"><FONT SIZE=2><B>Item&nbsp;2. Acquisition
  or Disposition of Assets.</B> </FONT> </P>
<P><FONT SIZE=2>On December 31, 2003, Segmentz, Inc. acquired all of the issued
  and outstanding capital stock of Dasher Express, Inc. (&quot;Acquired Companies&quot;)
  from Brad Kelley and Jeff Wiseman for cash consideration of $1,300,000, 538,462
  shares of Segmentz, Inc. restricted common stock and conditional payments based
  upon incentives over a four year period (the &quot;Consideration&quot;), pursuant
  to terms and conditions of a Stock Purchase Agreement dated December 1, 2003
  (the &quot;Stock Purchase Agreement&quot;). The Consideration was paid for out
  of existing cash on hand.</FONT></P>
<P><FONT SIZE=2>Except for the transactions contemplated in the Stock Purchase
  Agreement, there are no material relationships between Segmentz or any of its
  affiliates, directors or officers, or any associate of any such directors and
  officers, and any of the Acquired Companies. </FONT> </P>
<P><FONT SIZE=2>Dasher is in the business of providing expedited trucking, scheduled
  line haul movements, trade show transportation and integrated third party logistics
  services.&nbsp; Dasher will continue its business operations post closing.</FONT></P>
<P><FONT SIZE=2>A copy of the Stock Purchase Agreement and a copy of Segmentz's
  press release related to this event are respectively filed as Exhibit&nbsp;2.1
  and Exhibit&nbsp;99.1 to this Form&nbsp;8-K and are incorporated herein by reference.
  </FONT> </P>
<P><FONT SIZE=2><B>Item&nbsp;7. Financial Statements and Exhibits.</B> </FONT>
</P>
<P><FONT SIZE=2>(a) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial
  Statements of Business Acquired</FONT></P>
<P><FONT SIZE=2>The Financial Statements required by Item 7(a) of Form 8-K shall
  be filed by amendment to this Form 8-K no later than March 15, 2004.</FONT></P>
<P><FONT SIZE=2>&nbsp;(b) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pro
  Forma Financial Information</FONT></P>
<P><FONT SIZE=2>The Financial Statements required by Item 7(b) of Form 8-K shall
  be filed by amendment to this Form 8-K no later than March 15, 2004.</FONT></P>
<P><FONT SIZE=2>&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
  Exhibits</FONT></P>
<P><FONT SIZE=2>2.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
  Stock Purchase Agreement dated as of December 1, 2003 by and among Segmentz,
  Inc., Brad Kelley and Jeff Wiseman.</FONT></P>
<P><FONT SIZE=2>10.1<FONT SIZE=1><FONT FACE="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
  </FONT></FONT>Employment Agreement dated as of December 1, 2003 by and between
  Segmentz, Inc. and Brad Kelley</FONT></P>
<P><FONT SIZE=2>10.2<FONT SIZE=1><FONT FACE="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
  </FONT></FONT>Employment Agreement dated as of December 1, 2003 by and between
  Segmentz, inc. and Jeff Wiseman</FONT></P>
<P><FONT SIZE=2>99.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Press Release
  from Segmentz, Inc. issued on January 6, 2004.</FONT></P>
<P ALIGN=CENTER STYLE="page-break-before: always"><FONT SIZE=2><B>SIGNATURE</B>
  </FONT> </P>
<P><FONT SIZE=2>Pursuant to the requirements of the Securities and Exchange Act
  of 1934, the registrant has duly caused this report to be signed on its behalf
  by the undersigned hereunto duly authorized. </FONT> </P>
<P><FONT SIZE=2>SEGMENTZ, INC.</FONT></P>
<P><FONT SIZE=2>By:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <U>/s/
  John S. Flynn</U></FONT><U><BR>
  </U><FONT SIZE=2>Name: &nbsp;&nbsp;&nbsp; John S. Flynn </FONT> </P>
<P><FONT SIZE=2>Title: &nbsp;&nbsp;&nbsp;&nbsp;&nbsp; President, Chief Financial
  Officer and Secretary</FONT></P>
<P><FONT SIZE=2>Date: January 13, 2004<FONT FACE="Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></FONT></P>
</BODY>
</HTML>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-1
<SEQUENCE>3
<FILENAME>spadasher.htm
<TEXT>
<HTML>
<HEAD>
	<TITLE>STOCK PURCHASE AGREEMENT </TITLE>

</HEAD>
<BODY LANG="en-US" TEXT="#000000">
<P ALIGN=CENTER><FONT SIZE=2><B>STOCK PURCHASE AGREEMENT </B></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT SIZE=2><FONT SIZE=2><FONT FACE="Arial, sans-serif">This
Stock Purchase Agreement (the &quot; Agreement&quot; ) entered into
on December 1, 2003, by and among <B>Segmentz, Inc.</B>, a Delaware
corporation (the &quot;Buyer&quot;), and <B>Brad Kelley</B> (&quot; BK&quot; ),
and <B>Jeff Wiseman</B> (&quot; JW&quot;  and together with BK
collectively the &quot;Sellers&quot;). The Buyer and the Sellers are
referred to collectively herein as the &quot;Parties.&quot; </FONT></FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT SIZE=2><FONT SIZE=2><FONT FACE="Arial, sans-serif">The
Sellers in the aggregate own all of the outstanding capital stock of<B>
Dasher Express, Inc.</B>, a Kentucky corporation (&quot; Dasher&quot; ),
referred to herein as the (&quot;Target&quot;). </FONT></FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>This
Agreement contemplates a transaction in which the Buyer will purchase
from the Sellers, and the Sellers will sell to the Buyer, all of the
outstanding capital stock of the Target owned by the Sellers in
return for cash and shares of common stock of Buyer, upon the terms
and conditions set forth herein. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT SIZE=2><FONT SIZE=2><FONT FACE="Arial, sans-serif">In
connection with the negotiation and preparation of this Agreement,
the Sellers have prepared, and the Buyer has reviewed, a set of
documents delivered separately, identified in <U>Exhibit &quot; A&quot; </U>
attached hereto, and a Disclosure Schedule dated the date hereof,
attached hereto as <U>Exhibit &quot; B&quot; </U> (the &quot; Disclosure
Schedule&quot; ), with any references in this Agreement to a Schedule
being the Disclosure Schedule or a document referenced in the
Disclosure Schedule. </FONT></FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>Now,
therefore, in consideration of the premises and the mutual promises
herein made, and in consideration of the representations, warranties,
and covenants herein contained, the Parties agree as follows. </FONT></FONT>
</P>
<P><BR>
</P>
<OL>
	<LI><P ALIGN=JUSTIFY><FONT FACE="Arial, sans-serif"><FONT SIZE=2>Definitions.
	</FONT></FONT>
	</P>
</OL>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>&quot;Accredited
Investor&quot; has the meaning set forth in Regulation D promulgated
under the Securities Act. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>&quot;Adverse
Consequences&quot; means all actions, suits, proceedings, hearings,
investigations, charges, complaints, claims, demands, injunctions,
judgments, orders, decrees, rulings, damages, dues, penalties, fines,
costs, amounts paid in settlement, Liabilities, obligations, Taxes,
liens, losses, expenses, and fees, including court costs and
reasonable attorneys' fees and expenses. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>&quot;Affiliate&quot;
has the meaning set forth in Rule 12b-2 of the regulations
promulgated under the Securities Exchange Act. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>&quot;Affiliated
Group&quot; means any affiliated group within the meaning of Code
&sect;1504(a) or any similar group defined under a similar provision
of state, local or foreign law. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY><FONT SIZE=2>	<FONT FACE="Arial, sans-serif">&quot; Annual
Payment Amount&quot;  means the payment made to the Sellers based
upon meeting or exceeding benchmarks for Revenues as defined in
&sect;3(b)(iii) below.</FONT></FONT></P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>&quot;Basis&quot;
means any past or present fact, situation, circumstance, status,
condition, activity, practice, plan, occurrence, event, incident,
action, failure to act, or transaction that forms or could form the
basis for any specified consequence. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>&quot;Buyer&quot;
has the meaning set forth in the preface above. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>&quot;Buyer
Financial Statements&quot; has the meaning set forth in &sect;3(b)
below.</FONT></FONT></P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>
</FONT></FONT><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm">&quot; <FONT FACE="Arial, sans-serif"><FONT SIZE=2>Buyer
SEC Documents&quot;  has the meaning set forth in &sect;3(b) below. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY><BR>
</P>
<P ALIGN=JUSTIFY><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm">&quot; <FONT SIZE=2><FONT SIZE=2><FONT FACE="Arial, sans-serif">Buyer
Shares&quot;  means any and all restricted shares of common stock of
Buyer transferred or transferable to Sellers pursuant to the terms
and provisions in &sect;2(b) below, the restrictions thereon being as
set forth under Rule 144 of the Securities and Exchange Act of 1933,
as amended, with such shares to bear the following restrictive
legend, &quot;  This certificate and the shares of stock represented
hereby have not been registered under the Securities Act of 1933, as
amended. These shares may not be transferred, except in a transaction
that is exempt under Rule 144 or pursuant to an effective
registration statement.&quot; </FONT></FONT>&nbsp;</FONT></P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>&quot;Closing&quot;
has the meaning set forth in &sect;2(c) below. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>&quot;Closing
Date&quot; has the meaning set forth in &sect;2(c) below. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>&quot;Code&quot;
means the Internal Revenue Code of 1986, as amended. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>&quot;COBRA&quot;
means the requirements of Part 6 of Subtitle B of Title I of ERISA
and Code &sect;4980B. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>&quot;Confidential
Information&quot; means any information concerning the businesses and
affairs of the Target and its Subsidiaries that is not already
generally available to the public. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>&quot;Controlled
Group&quot; has the meaning set forth in Code &sect;1563. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT SIZE=2><FONT SIZE=2><FONT FACE="Arial, sans-serif">&quot;Deferred
Intercompany Transaction&quot; has the meaning set forth in Reg.
&sect;1.1502-13. </FONT></FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT SIZE=2><FONT SIZE=2><FONT FACE="Arial, sans-serif">&quot;Disclosure
Schedule&quot; has the meaning set forth in the preface above and in
&sect;4 below, and is attached hereto as <U>Exhibit &quot; B</U>&quot; .
</FONT></FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>&quot;Employee
Benefit Plan&quot; means any (a) nonqualified deferred compensation
or retirement plan or arrangement, (b) qualified defined contribution
retirement plan or arrangement which is an Employee Pension Benefit
Plan, (c) qualified defined benefit retirement plan or arrangement
which is an Employee Pension Benefit Plan (including any
Multiemployer Plan), or (d) Employee Welfare Benefit Plan or material
fringe benefit or other retirement, bonus, or incentive plan or
program. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>&quot;Employee
Pension Benefit Plan&quot; has the meaning set forth in ERISA &sect;3(2).
</FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>&quot;Employee
Welfare Benefit Plan&quot; has the meaning set forth in ERISA &sect;3(1).
</FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm">&quot; <FONT SIZE=2><FONT SIZE=2><FONT FACE="Arial, sans-serif">Employment
Agreements&quot;  shall mean the form of the Employment Agreements
attached hereto as <U>Exhibits &quot; C-1&quot;  and &quot; C-2</U>&quot; ,
to be executed at the Closing by and between the Buyer and each of
the Sellers. </FONT></FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>&quot;Environmental,
Health, and Safety Requirements&quot; shall mean all federal, state,
local and foreign statutes, regulations, ordinances and other
provisions having the force or effect of law, all judicial and
administrative orders and determinations, all contractual obligations
and all common law concerning public health and safety, worker health
and safety, and pollution or protection of the environment, including
without limitation all those relating to the presence, use,
production, generation, handling, transportation, treatment, storage,
disposal, distribution, labeling, testing, processing, discharge,
release, threatened release, control, or cleanup of any hazardous
materials, substances or wastes, chemical substances or mixtures,
pesticides, pollutants, contaminants, toxic chemicals, petroleum
products or byproducts, asbestos, polychlorinated biphenyls, noise or
radiation, each as amended and as now or hereafter in effect. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>&quot;ERISA&quot;
means the Employee Retirement Income Security Act of 1974, as
amended. </FONT></FONT>
</P>
<P><BR>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>&quot;ERISA
Affiliate&quot; means each entity, which is treated as a single
employer with the Target for purposes of Code &sect;414. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>&quot;Excess
Loss Account&quot; has the meaning set forth in Reg. &sect;1.1502-19.
</FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>&quot;Fiduciary&quot;
has the meaning set forth in ERISA &sect;3(21). </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>&quot;Financial
Statement&quot; has the meaning set forth in &sect;4(g) below. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>&quot;GAAP&quot;
means United States generally accepted accounting principles as in
effect from time to time. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm">&quot; <FONT FACE="Arial, sans-serif"><FONT SIZE=2>Indebtedness&quot;
means the term accounts payable item identified in the Most Recent
Financial Statement as a long-term liability, attached to the
Disclosure Schedule as Schedule C. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>&quot;Indemnified
Party&quot; has the meaning set forth in &sect;8(d) below. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>&quot;Indemnifying
Party&quot; has the meaning set forth in &sect;8(d) below. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>&quot;Intellectual
Property&quot; means (a) all inventions (whether patentable or
unpatentable and whether or not reduced to practice), all
improvements thereto, and all patents, patent applications, and
patent disclosures, together with all reissuances, continuations,
continuations-in-part, revisions, extensions, and reexaminations
thereof, (b) all trademarks, service marks, trade dress, logos, trade
names, and corporate names, together with all translations,
adaptations, derivations, and combinations thereof and including all
goodwill associated therewith, and all applications, registrations,
and renewals in connection therewith, (c) all copyrightable works,
all copyrights, and all applications, registrations, and renewals in
connection therewith, (d) all mask works and all applications,
registrations, and renewals in connection therewith, (e) all trade
secrets and confidential business information (including ideas,
research and development, know-how, formulas, compositions,
manufacturing and production processes and techniques, technical
data, designs, drawings, specifications, customer and supplier lists,
pricing and cost information, and business and marketing plans and
proposals), (f) all computer software (including data and related
documentation), (g) all other proprietary rights, and (h) all copies
and tangible embodiments thereof (in whatever form or medium). </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>&quot;Knowledge&quot;
means actual knowledge after reasonable investigation. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>&quot;Liability&quot;
means any actually known liability or any actually known asserted
liability by any third party (whether absolute or contingent, whether
accrued or unaccrued, whether liquidated or unliquidated, and whether
due or to become due), including any actually known liability or any
actually known asserted liability for Taxes. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>&quot;Most
Recent Balance Sheet&quot; means the balance sheet contained within
the Most Recent Financial Statements. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>&quot;Most
Recent Financial Statements&quot; has the meaning set forth in &sect;4(g)
below. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>&quot;Most
Recent Fiscal Month End&quot; has the meaning set forth in &sect;4(g)
below. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>&quot;Most
Recent Fiscal Year End&quot; has the meaning set forth in &sect;4(g)
below. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>&quot;Multiemployer
Plan&quot; has the meaning set forth in ERISA &sect;3(37). </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>&quot;Ordinary
Course of Business&quot; means the ordinary course of business
consistent with past custom and practice (including with respect to
quantity and frequency). </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>&quot;Party&quot;
has the meaning set forth in the preface above.</FONT></FONT></P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>
</FONT></FONT><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>&quot;PBGC&quot;
means the Pension Benefit Guaranty Corporation. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>&quot;Person&quot;
means an individual, a partnership, a corporation, an association, a
joint stock company, a trust, a joint venture, an unincorporated
organization, or a governmental entity (or any department, agency, or
political subdivision thereof). </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>&quot;Prohibited
Transaction&quot; has the meaning set forth in ERISA &sect;406 and
Code &sect;4975. </FONT></FONT>
</P>
<P><BR>
</P>
<P><FONT SIZE=2>	&quot; <FONT FACE="Arial, sans-serif">Piggyback
Registration Rights&quot;  are rights granted to holders of stock
bearing restrictive legend under the Securities Act of 1933, as
amended, that limits sale of such stock to transactions that meet
requirements for Rule 144 exemption, that provide for the
registration of shares in any registration statement filed by the
Company for any shareholders.</FONT></FONT></P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>&quot;Purchase
Price&quot; has the meaning set forth in &sect;2(b) below. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>&quot;Reportable
Event&quot; has the meaning set forth in ERISA &sect;4043. </FONT></FONT>
</P>
<P><BR>
</P>
<P><FONT FACE="Arial, sans-serif"><FONT SIZE=2>	&quot; Revenues&quot;
means the annual gross sales of the Target for all services provided
to customers.</FONT></FONT></P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>&quot;Securities
Act&quot; means the Securities Act of 1933, as amended. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>&quot;Securities
Exchange Act&quot; means the Securities Exchange Act of 1934, as
amended. </FONT></FONT>
</P>
<P><BR>
</P>
<P STYLE="text-indent: 1.27cm"><FONT SIZE=2><FONT SIZE=2><FONT FACE="Arial, sans-serif">&quot;Security
Interest&quot; means any mortgage, pledge, lien, encumbrance, charge,
or other security interest, other than (a) mechanic's, materialmen's,
and similar liens, (b) liens for Taxes not yet due and payable, (c)
purchase money liens and liens securing rental payments under capital
lease arrangements, (d) the existing mortgage lien on the Target&rsquo;s
real estate (as set forth in the Disclosure Schedule)</FONT></FONT>1,<FONT SIZE=2><FONT FACE="Arial, sans-serif">
and (e) other liens arising in the Ordinary Course of Business and
not incurred in connection with the borrowing of money. </FONT></FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>&quot;Sellers&quot;
has the meaning set forth in the preface above. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>&quot;Subsidiary&quot;
means any corporation with respect to which a specified Person (or a
Subsidiary thereof) owns a majority of the common stock or has the
power to vote or direct the voting of sufficient securities to elect
a majority of the directors. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>&quot;Target&quot;
has the meaning set forth in the preface above. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>&quot;Target
Share&quot; means any share of the Common Stock of the Target. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>&quot;Tax&quot;
means any federal, state, local, or foreign income, gross receipts,
license, payroll, employment, excise, severance, stamp, occupation,
premium, windfall profits, environmental (including taxes under Code
&sect;59A), customs duties, capital stock, franchise, profits,
withholding, social security (or similar), unemployment, disability,
real property, personal property, sales, use, transfer, registration,
value added, alternative or add-on minimum, estimated, or other tax
of any kind whatsoever, including any interest, penalty, or addition
thereto, whether disputed or not. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>&quot;Tax
Return&quot; means any return, declaration, report, claim for refund,
or information return or statement relating to Taxes, including any
schedule or attachment thereto, and including any amendment thereof. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>&quot;Third
Party Claim&quot; has the meaning set forth in &sect;8(d) below. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>2.
Purchase and Sale of Target Shares. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(a)
Basic Transaction. On and subject to the terms and conditions of this
Agreement, the Buyer agrees to purchase from each of the Sellers, and
each of the Sellers agrees to sell to the Buyer, all of his and her
Target Shares for the consideration specified below in this &sect;2.</FONT></FONT></P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>b)
Purchase Price.  The Buyer agrees to pay to the Sellers the purchase
price (the &quot; Purchase Price&quot; ) as follows:</FONT></FONT></P>
<P ALIGN=JUSTIFY><BR>
</P>
<P ALIGN=JUSTIFY><FONT SIZE=2><FONT SIZE=2><FONT FACE="Arial, sans-serif">			(i)
One Million Three Hundred Thousand Dollars ($1,300,000) in cash by
wire transfer or other immediately available funds at Closing, paid
according to the Sellers&rsquo; instructions the Sellers&rsquo;
instructions attached hereto as <U>Exhibit &quot; D</U>&quot; .</FONT></FONT></FONT></P>
<P ALIGN=JUSTIFY><BR>
</P>
<P ALIGN=JUSTIFY><FONT FACE="Arial, sans-serif"><FONT SIZE=2>			(ii)
Seven Hundred Thousand Dollars worth ($700,000.00) of restricted
common stock of Buyer at Closing, at a valuation per share of $1.30,
paid according to the Sellers&rsquo; instructions attached hereto as
Exhibit D, such shares which shall have &quot; piggyback registration
rights&quot;  as defined herein and shall be filed for registration
within 120 days from the Closing Date; and</FONT></FONT></P>
<P ALIGN=JUSTIFY><BR>
</P>
<P ALIGN=JUSTIFY><FONT FACE="Arial, sans-serif"><FONT SIZE=2>			(iii)
An Annual Payment Amount for each of calendar years 2004 through 2007
(a &quot; Year&quot; ), to be determined as follows:</FONT></FONT></P>
<P ALIGN=JUSTIFY><BR>
</P>
<P ALIGN=JUSTIFY><FONT FACE="Arial, sans-serif"><FONT SIZE=2>				(A)
Each Year shall have an established Revenue threshold (the
&quot; Benchmark&quot;  for such Year).  The Benchmarks are as
follows:</FONT></FONT></P>
<P ALIGN=JUSTIFY><BR>
</P>
<P ALIGN=JUSTIFY STYLE="margin-left: 4.92cm; text-indent: -4.92cm"><FONT SIZE=2><FONT SIZE=2><FONT FACE="Arial, sans-serif">	<U>Year</U>			<U>Benchmark</U></FONT></FONT></FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-left: 4.92cm; text-indent: -4.92cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>	2004			$7,500,000</FONT></FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-left: 4.92cm; text-indent: -4.92cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>	2005			$8,200,000</FONT></FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-left: 4.92cm; text-indent: -4.92cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>	2006			$9,000,000</FONT></FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-left: 4.92cm; text-indent: -4.92cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>	2007			$9,000,000</FONT></FONT></P>
<P ALIGN=JUSTIFY><BR>
</P>
<P ALIGN=JUSTIFY><FONT FACE="Arial, sans-serif"><FONT SIZE=2>With
respect to a Year where Revenue equals or exceeds the Benchmark for
such Year  (any such excess being the &quot; Revenue Surplus&quot; )
the Buyer shall pay to the Sellers for such Year an Annual Payment
Amount of Two Hundred Thousand Dollars ($200,000) plus Fifty-Five One
Hundredths Percent (0.55%) of the Revenue Surplus.  For example, if
Revenues for 2003 were Eight Million Dollars ($8,000,000), the
Revenue Surplus would be Five Hundred Thousand Dollars ($500,000),
and the Annual Payment Amount would be Two Hundred Two Thousand Seven
Hundred Fifty Dollars ($202,750)(i.e., $200,000 + (0.55% x
$500,000)).  With respect to a Year where the Revenue is less than
the Benchmark for such Year (such deficiency being the &quot; Revenue
Shortfall&quot; ), the Buyer shall pay the Sellers an Annual Payment
Amount equal to Two Hundred Thousand Dollars ($200,000) less 3.6% of
the Revenue Shortfall.  For example, if Revenues for 2004 were Six
Million Dollars ($6,000,000), the Revenue Shortfall would be One
Million Five Hundred Thousand Dollars ($1,500,000), and the Annual
Payment Amount would be One Hundred Forty-Six Thousand Dollars
($146,000) (i.e., $200,000 - (3.6% x $1,500,000)). In the event the
Annual Payment Amount is either zero or a negative amount, the Buyer
shall have no obligation to make any payment to Sellers under this
Section 2(b)(iii) for such Year and to the extent such Annual Payment
Amount is negative, Sellers shall have no obligation to make any
payment to Buyers under this Section 2(b)(iii) for such Year.</FONT></FONT></P>
<P ALIGN=JUSTIFY><BR>
</P>
<P ALIGN=JUSTIFY><FONT FACE="Arial, sans-serif"><FONT SIZE=2>				(B)
The Buyer shall pay the Sellers the Annual Payment Amount due for any
Year within ninety (90) days of the end of such Year.  Each Annual
Payment Amount shall be paid, at the Seller&rsquo;s option, in either
immediately available funds or in Buyer Shares, up to the number of
Buyer Shares that are the equivalent of Four Hundred Thousand
Dollars, in the aggregate over the four Years, at a price of the
lower of One Dollar and Eighty Cents ($1.80) per share or the average
market price per share determined by a weighted average of the
closing price of the stock over the twenty trading days prior to the
Closing Date and up to the number of Buyer Shares that are the
equivalent of Four Hundred Thousand Dollars, in the aggregate over
the four Years, at the market price determined by the average market
price per share determined by a weighted average of the closing price
of the stock over the twenty trading days prior to their issuance.</FONT></FONT></P>
<P ALIGN=JUSTIFY><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT SIZE=2><FONT SIZE=2><FONT FACE="Arial, sans-serif">		(C)
For purposes of this Section 2(b)(iii), Revenues shall mean the gross
revenues received by the Target or Buyer&rsquo;s Affiliated Group
which is derived from existing customers of Target at the time of
execution of this Agreement, as set forth in <U>Exhibit &quot; H&quot; </U>,
and from any future customers of the Target. Sellers shall have the
right at any time and from time to time during normal business hours
at their sole cost and expense to personally examine or to have
agents appointed by them to examine the books and records of the
Target and the Company&rsquo;s Affiliated Group to verify the
correctness of the computation of Revenues.</FONT></FONT></FONT></P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>
(c) Allocation of the Purchase Price. The Purchase Price is allocated
as follows: </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(i)
The Purchase Price is allocated, in its entirety, towards the
purchase of all outstanding share classes of Dasher Express, Inc. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY><FONT FACE="Arial, sans-serif"><FONT SIZE=2>		(d)
Penalties. In the event that the Buyer does not exercise &quot; Best
Efforts&quot;  to file registration statement covering the $700,000
worth of Restricted Shares detailed in (2)(b)(ii) within the time
schedule detailed herein, the Seller shall receive penalties equal to
one percent per month via bank transfer in accordance with Sellers&rsquo;
instruction, based upon the value of $700,000, for each month in
which the Buyer fails to file such registration statement. If the
Buyer files registration statement within time schedule, it shall not
be held liable for any delays caused by &quot; Force Majeure&quot;
events, including, but not limited to, delays in review by
governmental authorities, market events and other such events beyond
its control.</FONT></FONT></P>
<P><FONT FACE="Arial, sans-serif"><FONT SIZE=2> </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(e)
The Closing. The closing of the transactions contemplated by this
Agreement (the &quot;Closing&quot;) shall take place at the offices
of The Rigsby Law Group, PLC, 228 East High Street Lexington KY
40588, and via mail, facsimile and wire transfer for any additional
supporting documentation, commencing at 9:00 a.m. local time on or
before the 5th business day following the satisfaction or waiver of
all conditions to the obligations of the Parties to consummate the
transactions contemplated hereby (other than conditions with respect
to actions the respective Parties will take at the Closing itself) or
such other date as the Buyer and the Sellers may mutually determine
(the &quot;Closing Date&quot;); provided, however, that the Closing
Date shall be no later than December 12, 2003.</FONT></FONT></P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(f)
Deliveries at the Closing. At the Closing, (i) the Sellers will
deliver to the Buyer the various certificates, instruments, and
documents referred to in &sect;7(a) below, (ii) the Buyer will
deliver to the Sellers the various certificates, instruments, and
documents referred to in &sect;7(b) below, (iii) each of the Sellers
will deliver to the Buyer stock certificates representing all of his
and her Target Shares, endorsed in blank or accompanied by duly
executed assignment documents, and (iv) the Buyer will deliver to
each of the Sellers the consideration and the various certificates,
instruments, agreements and documents specified in &sect;2(b) above. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>3.
Representations and Warranties Concerning the Transaction. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(a)
Representations and Warranties of the Sellers. Each of the Sellers
represents and warrants to the Buyer that, to the Sellers&rsquo;
Knowledge, the statements contained in this &sect;3(a) are correct
and complete as of the date of this Agreement and will be correct and
complete as of the Closing Date (as though made then and as though
the Closing Date were substituted for the date of this Agreement
throughout this &sect;3(a)) except as set forth in Annex I or as set
forth in the Disclosure Schedule attached hereto. </FONT></FONT>
</P>
<P><BR>
</P>
<OL TYPE=i>
	<LI><P ALIGN=JUSTIFY><FONT FACE="Arial, sans-serif"><FONT SIZE=2>Organization
	of Certain Sellers. Not applicable. </FONT></FONT>
	</P>
</OL>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(ii)
Authorization of Transaction. The Sellers have full power and
authority to execute and deliver this Agreement and to perform his or
her obligations hereunder. This Agreement constitutes the valid and
legally binding obligation of the Sellers, enforceable in accordance
with its terms and conditions. The Sellers need not give any notice
to, make any filing with, or obtain any authorization, consent, or
approval of any government or governmental agency in order to
consummate the transactions contemplated by this Agreement. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(iii)
Noncontravention. Neither the execution and the delivery of this
Agreement, nor the consummation of the transactions contemplated
hereby, will (A) violate any constitution, statute, regulation, rule,
injunction, judgment, order, decree, ruling, charge, or other
restriction of any government, governmental agency, or court to which
the Sellers are subject or (B) conflict with, result in a breach of,
constitute a default under, result in the acceleration of, create in
any party the right to accelerate, terminate, modify, or cancel, or
require any notice under any agreement, contract, lease, license,
instrument, or other arrangement to which the Sellers are a party or
by which he or she is bound or to which any of his or her assets is
subject. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(iv)
Brokers' Fees. The Sellers have no Liability or obligation to pay any
fees or commissions to any broker, finder, or agent with respect to
the transactions contemplated by this Agreement for which the Buyer
could become liable or obligated. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(v)
Investment. The Sellers (A) are acquiring the Buyer Shares solely for
his or her own account for investment purposes, and not with a view
to the immediate distribution thereof, (B) have received certain
information concerning the Buyer and has had the opportunity to
obtain additional information as desired in order to evaluate the
merits and the risks inherent in holding the Buyer Shares, and (C)
are Accredited Investors as that term is defined in Regulation D of
the Securities and Exchange Act of 1933, as amended.</FONT></FONT></P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(vi)
Target Shares. The Sellers hold of record and own beneficially the
number of Target Shares set forth next to his or her name in &sect;4(b)
of the Disclosure Schedule, free and clear of any restrictions on
transfer (other than any restrictions under the Securities Act and
state securities laws), Taxes, Security Interests, options, warrants,
purchase rights, contracts, commitments, equities, claims, and
demands. The Sellers are not a party to any option, warrant, purchase
right, or other contract or commitment that could require the Sellers
to sell, transfer, or otherwise dispose of any capital stock of the
Target (other than this Agreement). The Sellers are not a party to
any voting trust, proxy, or other agreement or understanding with
respect to the voting of any capital stock of the Target. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(b)
Representations and Warranties of the Buyer. The Buyer represents and
warrants to the Sellers that the statements contained in this &sect;3(b)
are correct and complete as of the date of this Agreement and will be
correct and complete as of the Closing Date (as though made then and
as though the Closing Date were substituted for the date of this
Agreement throughout this &sect;3(b)), except as set forth in Annex
II attached hereto. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(i)
Organization of the Buyer. The Buyer is a corporation duly organized,
validly existing, and in good standing under the laws of the
jurisdiction of its incorporation. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(ii)
Authorization of Transaction. The Buyer has full power and authority
(including full corporate power and authority) to execute and deliver
this Agreement, to consummate the transaction provided herein and to
perform its obligations hereunder. The Board of Directors of the
Buyer have duly authorized by proper corporate action the execution
and delivery of this Agreement by the Buyer. If shareholder approval
is required, the shareholders of the Buyer have duly authorized by
proper corporate action the execution and delivery of this Agreement
by the Buyer. This Agreement constitutes the valid and legally
binding obligation of the Buyer, enforceable in accordance with its
terms and conditions. The Buyer need not give any notice to, make any
filing with, or obtain any authorization, consent, or approval of any
government or governmental agency in order to consummate the
transactions contemplated by this Agreement. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT SIZE=2><FONT SIZE=2><FONT FACE="Arial, sans-serif">(iii)
Noncontravention. Neither the execution and the delivery of this
Agreement, nor the consummation of the transactions contemplated
hereby, will (A) violate any constitution, statute, regulation, rule,
injunction, judgment, order, decree, ruling, charge, or other
restriction of any government, governmental agency, or court to which
the Buyer is subject or any provision of its charter or bylaws or (B)
conflict with, result in a breach of, constitute a default under,
result in the acceleration of, create in any party the right to
accelerate, terminate, modify, or cancel, or require any notice under
any agreement, contract, lease, license, instrument, or other
arrangement to which the Buyer is a party or by which it is bound or
to which any of its assets is subject.</FONT></FONT> </FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(iv)
Brokers' Fees. The Buyer has no Liability or obligation to pay any
fees or commissions to any broker, finder, or agent with respect to
the transactions contemplated by this Agreement for which any Sellers
could become liable or obligated. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(v)
Investment. The Buyer represents that it (A) understands that the
Target Shares have not been, and will not be, registered under the
Securities Act, or under any state securities laws, and are being
offered and sold in reliance upon federal and state exemptions for
transactions not involving any public offering, (B) is acquiring the
Target Shares solely for its own account for investment purposes, and
not with a view to the distribution thereof, (C) is a sophisticated
investor with knowledge and experience in business and financial
matters, and is knowledgeable regarding the business of the Target,
(D) has had an opportunity to ask questions and receive answers from
the Sellers regarding the business, properties, prospects and
financial condition of the Target, has received certain information
concerning the Target, and has had the opportunity to obtain
additional information as desired in order to evaluate the merits and
the risks inherent in holding the Target Shares, (E) is able to bear
the economic risk and lack of liquidity inherent in holding the
Target Shares, and (F) is an Accredited Investor for the reasons set
forth on Annex II. Buyer believes it has received all the information
it considers necessary or appropriate for deciding whether to
purchase the Target Shares. By executing this Agreement, Buyer
further represents that Buyer does not have any contract,
undertaking, agreement or arrangement with any Person to sell,
transfer or grant participation to such Person or to any third
Person, with respect to any of the Target Shares or the Target, other
than the Sellers. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.97cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.97cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(vi)
Buyer Shares; SEC Documents; Financial Statements; Disclosures. The
Buyer has filed with the SEC and has made available to the Sellers a
true and complete copy of each annual, quarterly and other material
report, schedule, form, registration statement (without exhibits) and
definitive proxy statement required to be filed by the Buyer with the
Securities and Exchange Commission (the &quot;SEC&quot;) since
January 1, 2001, (the &quot;Buyer SEC Documents&quot;). The Buyer SEC
Documents and the statements, representations and warranties
contained therein are specifically incorporated herein by this
reference. As of their respective filing dates, the Buyer SEC
Documents complied in all material respects with the applicable
requirements of the Securities Act of 1933, as amended, and the
Securities Exchange Act of 1934, as amended, as the case may be, and
the published rules and regulations of the SEC promulgated thereunder
applicable to such Buyer SEC Documents, and none of the Buyer SEC
Documents contained on their filing dates any untrue statement of a
material fact or omitted to state a material fact required to be
stated therein or necessary to make the statements therein, in light
of the circumstances under which they were made, not misleading,
except to the extent corrected by a subsequently filed Buyer SEC
Document. The financial statements of the Buyer included in the Buyer
SEC Documents (the &quot;Buyer Financial Statements&quot;) complied
as to form in all material respects with the published rules and
regulations of the SEC with respect thereto as of their respective
dates, were prepared in accordance with GAAP applied on a consistent
basis throughout the periods indicated (except as may be indicated in
the notes thereto or, in the case of unaudited financial statements,
as permitted under the Securities Act or the Securities Exchange Act,
as the case may be), and fairly presented in all material respects
the consolidated financial position, results of operations and cash
flows of the Buyer and its consolidated subsidiaries as of the
respective dates thereof and for the periods indicated therein
(subject, in the case of unaudited financial statements, to normal
and recurring year-end audit adjustments). There has been no material
change in the Buyer's accounting policies or estimates, except as
described in the notes to the Buyer Financial Statements or as
required by GAAP. The Buyer has provided the Sellers with all the
information that the Sellers have requested regarding the business of
the Buyer and the Buyer Shares. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT SIZE=2><FONT SIZE=2><FONT FACE="Arial, sans-serif">4.
Representations and Warranties Concerning the Target and Its
Subsidiaries. The Sellers represent and warrant to the Buyer that, to
the Sellers&rsquo; Knowledge, the statements contained in this &sect;4
are correct and complete as of the date of this Agreement and will be
correct and complete as of the Closing Date (as though made then and
as though the Closing Date were substituted for the date of this
Agreement throughout this &sect;4), except as provided elsewhere in
this Agreement, the Exhibits and/or the Appendices attached hereto,
and/or in the documents provided by the Sellers to the Buyer on or
before the Closing, including, without limitation, the Disclosure
Schedule with attached Schedules delivered by the Sellers to the
Buyer on the date hereof and initialed by the Parties, and attached
hereto as <U>Exhibit &quot; B</U>&quot; . The statements contained in
the Exhibits, Appendices, and/or in the documents provided by the
Sellers to the Buyer on or before the Closing, including, without
limitation, the Disclosure Schedule with attached Schedules attached
hereto as <U>Exhibit &quot; B</U>&quot; , are incorporated in the
representations and warranties contained in this Section 4 by this
reference. The Disclosure Schedule will be arranged in paragraphs
corresponding to the lettered and numbered paragraphs contained in
this &sect;4. </FONT></FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(a)
Organization, Qualification, and Corporate Power. Each of the Target
and its Subsidiaries is a corporation duly organized, validly
existing, and in good standing under the laws of the jurisdiction of
its incorporation. Each of the Target and its Subsidiaries is duly
authorized to conduct business and is in good standing under the laws
of each jurisdiction where such qualification is required. Each of
the Target and its Subsidiaries has full corporate power and
authority and all licenses, permits, and authorizations necessary to
carry on the businesses in which it is engaged and to own and use the
properties owned and used by it. &sect;4(a) of the Disclosure
Schedule lists the directors and officers of each of the Target and
its Subsidiaries. The Sellers have delivered to the Buyer correct and
complete copies of the charter and bylaws of each of the Target and
its Subsidiaries (as amended to date). The minute books (containing
the available records of meetings of the stockholders, the board of
directors, and any committees of the board of directors), the stock
certificate books, and the stock record books of each of the Target
and its Subsidiaries are correct and complete. None of the Target and
its Subsidiaries is in default under or in violation of any provision
of its charter or bylaws. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(b)
Capitalization. All of the issued and outstanding Target Shares have
been duly authorized, are validly issued, fully paid, and
nonassessable, and are held of record by the respective Sellers as
set forth in &sect;4(b) of the Disclosure Schedule. There are no
outstanding or authorized options, warrants, purchase rights,
subscription rights, conversion rights, exchange rights, or other
contracts or commitments that could require the Target to issue,
sell, or otherwise cause to become outstanding any of its capital
stock. There are no outstanding or authorized stock appreciation,
phantom stock, profit participation, or similar rights with respect
to the Target. There are no voting trusts, proxies, or other
agreements or understandings with respect to the voting of the
capital stock of the Target. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(c)
Noncontravention. Neither the execution and the delivery of this
Agreement, nor the consummation of the transactions contemplated
hereby, will (i) violate any constitution, statute, regulation, rule,
injunction, judgment, order, decree, ruling, charge, or other
restriction of any government, governmental agency, or court to which
any of the Target and its Subsidiaries is subject or any provision of
the charter or bylaws of any of the Target and its Subsidiaries or
(ii) conflict with, result in a breach of, constitute a default
under, result in the acceleration of, create in any party the right
to accelerate, terminate, modify, or cancel, or require any notice
under any agreement, contract, lease, license, instrument, or other
arrangement to which any of the Target and its Subsidiaries is a
party or by which it is bound or to which any of its assets is
subject (or result in the imposition of any Security Interest upon
any of its assets). None of the Target and its Subsidiaries needs to
give any notice to, make any filing with, or obtain any
authorization, consent, or approval of any government or governmental
agency in order for the Parties to consummate the transactions
contemplated by this Agreement. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(d)
Brokers' Fees. None of the Target and its Subsidiaries has any
Liability or obligation to pay any fees or commissions to any broker,
finder, or agent with respect to the transactions contemplated by
this Agreement. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(e)
Title to Assets. The Target and its Subsidiaries have good and
marketable title to, or a valid leasehold interest in, the properties
and assets used by them, located on their premises, or shown on the
Most Recent Balance Sheet or acquired after the date thereof, free
and clear of all Security Interests, except for properties and assets
disposed of in the Ordinary Course of Business since the date of the
Most Recent Balance Sheet. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(f)
Subsidiaries. &sect;4(f) of the Disclosure Schedule sets forth for
each Subsidiary of the Target (i) its name and jurisdiction of
incorporation, (ii) the number of shares of authorized capital stock
of each class of its capital stock, (iii) the number of issued and
outstanding shares of each class of its capital stock, the names of
the holders thereof, and the number of shares held by each such
holder, and (iv) the number of shares of its capital stock held in
treasury. All of the issued and outstanding shares of capital stock
of each Subsidiary of the Target have been duly authorized and are
validly issued, fully paid, and nonassessable. One of the Target and
its Subsidiaries holds of record and owns beneficially all of the
outstanding shares of each Subsidiary of the Target, free and clear
of any restrictions on transfer (other than restrictions under the
Securities Act and state securities laws), Taxes, Security Interests,
options, warrants, purchase rights, contracts, commitments, equities,
claims, and demands. There are no outstanding or authorized options,
warrants, purchase rights, subscription rights, conversion rights,
exchange rights, or other contracts or commitments that could require
any of the Target and its Subsidiaries to sell, transfer, or
otherwise dispose of any capital stock of any of its Subsidiaries or
that could require any Subsidiary of the Target to issue, sell, or
otherwise cause to become outstanding any of its own capital stock.
There are no outstanding stock appreciation, phantom stock, profit
participation, or similar rights with respect to any Subsidiary of
the Target. There are no voting trusts, proxies, or other agreements
or understandings with respect to the voting of any capital stock of
any Subsidiary of the Target. None of the Target and its Subsidiaries
controls directly or indirectly or has any direct or indirect equity
participation in any corporation, partnership, trust, or other
business association which is not a Subsidiary of the Target. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT SIZE=2><FONT SIZE=2><FONT FACE="Arial, sans-serif">(g)
Financial Statements. Attached hereto as <U>Exhibit &quot; F&quot; </U>
are the following financial statements (collectively the &quot;Financial
Statements&quot;): (i) unaudited consolidated and consolidating
balance sheets and statements of income, changes in stockholders'
equity, and cash flow as of and for the fiscal years ended 2000,
2001, and 2002 (the &quot;Most Recent Fiscal Year End&quot;) for the
Target; and (ii) unaudited consolidated and consolidating balance
sheets and statements of income, changes in stockholders' equity, and
cash flow (the &quot;Most Recent Financial Statements&quot;) as of
and for the 10 months ended October 31, 2003 (the &quot;Most Recent
Fiscal Month End&quot;) for the Target . To the Sellers&rsquo;
Knowledge, the Financial Statements (including the notes thereto)
have been prepared in accordance with GAAP applied on a consistent
basis throughout the periods covered thereby, present fairly the
financial condition of the Target as of such dates and the results of
operations of the Target for such periods, are correct and complete,
and are consistent with the books and records of the Target (which
books and records are correct and complete); provided, however, that
the Most Recent Financial Statements are subject to normal year-end
adjustments (which will not be material individually or in the
aggregate) and lack footnotes and other presentation items. </FONT></FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(h)
Events Subsequent to Most Recent Fiscal Year End. Since the Most
Recent Fiscal Year End, to the Sellers&rsquo; Knowledge, there has
not been any adverse change in the business, financial condition,
operations, results of operations, or future prospects of any of the
Target and its Subsidiaries. Without limiting the generality of the
foregoing, since that date: </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(i)
none of the Target has sold, leased, transferred, or assigned any of
its assets, tangible or intangible, other than for a fair
consideration in the Ordinary Course of Business; </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(ii)
none of the Target has entered into any agreement, contract, lease,
or license (or series of related agreements, contracts, leases, and
licenses) either involving more than $10,000 or outside the Ordinary
Course of Business; </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(iii)
no party (including any of the Target and its Subsidiaries) has
accelerated, terminated, modified, or cancelled any agreement,
contract, lease, or license (or series of related agreements,
contracts, leases, and licenses) involving more than $10,000 to which
any of the Target is a party or by which any of them is bound; </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(iv)
none of the Target has imposed any Security Interest upon any of its
assets, tangible or intangible; </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(v)
none of the Target has made any capital expenditure (or series of
related capital expenditures) either involving more than $10,000 or
outside the Ordinary Course of Business; </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(vi)
none of the Target has made any capital investment in, any loan to,
or any acquisition of the securities or assets of, any other Person
(or series of related capital investments, loans, and acquisitions)
either involving more than $10,000 or outside the Ordinary Course of
Business; </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(vii)
none of the Target has issued any note, bond, or other debt security
or created, incurred, assumed, or guaranteed any indebtedness for
borrowed money or capitalized lease obligation either involving more
than $10,000 singly or $20,000 in the aggregate; </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(viii)
none of the Target has delayed or postponed the payment of accounts
payable and other Liabilities outside the Ordinary Course of
Business; </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(ix)
none of the Target has cancelled, compromised, waived, or released
any right or claim (or series of related rights and claims) either
involving more than $10,000 or outside the Ordinary Course of
Business; </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(x)
none of the Target has granted any license or sublicense of any
rights under or with respect to any Intellectual Property; </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(xi)
there has been no change made or authorized in the charter or bylaws
of any of the Target and its Subsidiaries; </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(xii)
none of the Target has issued, sold, or otherwise disposed of any of
its capital stock, or granted any options, warrants, or other rights
to purchase or obtain (including upon conversion, exchange, or
exercise) any of its capital stock; </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(xiii)
none of the Target has declared, set aside, or paid any dividend or
made any distribution with respect to its capital stock (whether in
cash or in kind) or redeemed, purchased, or otherwise acquired any of
its capital stock; </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(xiv)
none of the Target has experienced any damage, destruction, or loss
(whether or not covered by insurance) to its property; </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(xv)
none of the Target has made any loan to, or entered into any other
transaction with, any of its directors, officers, and employees
outside the Ordinary Course of Business; </FONT></FONT>
</P>
<P><BR>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(xvi)
none of the Target has entered into any employment contract or
collective bargaining agreement, written or oral, or modified the
terms of any existing such contract or agreement; </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(xvii)
none of the Target has granted any increase in the base compensation
of any of its directors, officers, and employees outside the Ordinary
Course of Business; </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(xviii)
none of the Target has adopted, amended, modified, or terminated any
bonus, profit-sharing, incentive, severance, or other plan, contract,
or commitment for the benefit of any of its directors, officers, and
employees (or taken any such action with respect to any other
Employee Benefit Plan); </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(xix)
none of the Target has made any other change in employment terms for
any of its directors, officers, and employees outside the Ordinary
Course of Business; </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(xx)
none of the Target has made or pledged to make any charitable or
other capital contribution outside the Ordinary Course of Business; </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(xxi)
there has not been any other material occurrence, event, incident,
action, failure to act, or transaction outside the Ordinary Course of
Business involving any of the Target ; and </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY><FONT SIZE=2>			<FONT FACE="Arial, sans-serif">(xxii)
 the Seller&rsquo;s have incurred professional fees, in connection
with this transaction, totaling approximately $5,000, which amount
has been distributed to Sellers from Target;</FONT></FONT></P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(xxiii)
none of the Target has committed to any of the foregoing. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(i)
Undisclosed Liabilities. To the Sellers&rsquo; Knowledge, none of the
Target and its subsidiaries has any Liability (and there is no Basis
for any present or future action, suit, proceeding, hearing,
investigation, charge, complaint, claim, or demand against any of
them giving rise to any Liability), except for (i) Liabilities set
forth on the face of the Most Recent Balance Sheet (rather than in
any notes thereto) and (ii) Liabilities which have arisen after the
Most Recent Fiscal Month End in the Ordinary Course of Business (none
of which results from, arises out of, relates to, is in the nature
of, or was caused by any breach of contract, breach of warranty,
tort, infringement, or violation of law). </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(j)
Legal Compliance. To the Sellers&rsquo; Knowledge, each of the
Target, its Subsidiaries, and their respective predecessors has
complied with all applicable laws (including rules, regulations,
codes, plans, injunctions, judgments, orders, decrees, rulings, and
charges thereunder) of federal, state, local, and foreign governments
(and all agencies thereof), and no action, suit, proceeding, hearing,
investigation, charge, complaint, claim, demand, or notice has been
filed or commenced against any of them alleging any failure so to
comply. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(k)
Tax Matters. To the Sellers&rsquo; Knowledge: </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(i)
each of the Target and its Subsidiaries has filed all Tax Returns
that it was required to file. All such Tax Returns were correct and
complete in all respects. All Taxes owed by any of the Target and its
Subsidiaries (whether or not shown on any Tax Return) have been paid.
None of the Target and its Subsidiaries currently is the beneficiary
of any extension of time within which to file any Tax Return. No
claim has ever been made by an authority in a jurisdiction where any
of the Target and its Subsidiaries does not file Tax Returns that it
is or may be subject to taxation by that jurisdiction. There are no
Security Interests on any of the assets of any of the Target and its
Subsidiaries that arose in connection with any failure (or alleged
failure) to pay any Tax. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(ii)
each of the Target and its Subsidiaries has withheld and paid all
Taxes required to have been withheld and paid in connection with
amounts paid or owing to any employee, independent contractor,
creditor, stockholder, or other third party. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(iii)
the Sellers do not expect any authority to assess any additional
Taxes for any period for which Tax Returns have been filed. There is
no dispute or claim concerning any Tax Liability of any of the Target
and its Subsidiaries either (A) claimed or raised by any authority in
writing or (B) as to which any of the Sellers and the directors and
officers (and employees responsible for Tax matters) of the Target
has Knowledge based upon personal contact with any agent of such
authority. &sect;4(k) of the Disclosure Schedule lists all federal,
state, local, and foreign income Tax Returns filed with respect to
any of the Target and its Subsidiaries for taxable periods ended on
or after January 1, 1999, indicates those Tax Returns that have been
audited, and indicates those Tax Returns that currently are the
subject of audit. The Sellers have delivered to the Buyer correct and
complete copies of all federal income Tax Returns, examination
reports, and statements of deficiencies assessed against or agreed to
by any of the Target and its Subsidiaries since January 1, 1999. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(iv)
none of the Target and its Subsidiaries has waived any statute of
limitations in respect of Taxes or agreed to any extension of time
with respect to a Tax assessment or deficiency. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(v)
none of the Target and its Subsidiaries has filed a consent under
Code &sect;341(f) concerning collapsible corporations. None of the
Target and its Subsidiaries has made any payments, is obligated to
make any payments, or is a party to any agreement that under certain
circumstances could obligate it to make any payments that will not be
deductible under Code &sect;280G. None of the Target and its
Subsidiaries has been a United States real property holding
corporation within the meaning of Code &sect;897(c)(2) during the
applicable period specified in Code &sect;897(c)(1)(A)(ii). None of
the Target and its Subsidiaries is a party to any Tax allocation or
sharing agreement. None of the Target and its Subsidiaries (A) has
been a member of an Affiliated Group filing a consolidated federal
income Tax Return (other than a group the common parent of which was
the Target) or (B) has any Liability for the Taxes of any Person
(other than any of the Target and its Subsidiaries) under Reg.
&sect;1.1502-6 (or any similar provision of state, local, or foreign
law), as a transferee or successor, by contract, or otherwise. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="margin-left: 1.27cm; text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(l)
Real Property. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="margin-left: 2.54cm; text-indent: 1.27cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="margin-left: 2.54cm; text-indent: 1.27cm"><FONT SIZE=2><FONT SIZE=2><FONT FACE="Arial, sans-serif">(i)
The Target owns real property as detailed in <U>Exhibit &quot; G</U>&quot; .
</FONT></FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(ii)
&sect;4(l)(ii) of the Disclosure Schedule lists and describes briefly
all real property leased or subleased to any of the Target. The
Sellers have delivered to the Buyer correct and complete copies of
the leases and subleases listed in &sect;4(l)(ii) of the Disclosure
Schedule (as amended to date). To the Sellers&rsquo; Knowledge, with
respect to each lease and sublease listed in &sect;4(l)(ii) of the
Disclosure Schedule: </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 4.92cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 4.92cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>
(A) the lease or sublease is legal, valid, binding, enforceable, and
in full force and effect; </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 4.92cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 4.92cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(B)
the lease or sublease will continue to be legal, valid, binding,
enforceable, and in full force and effect on identical terms
following the consummation of the transactions contemplated hereby; </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 4.92cm"><BR>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 4.92cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(C)
no party to the lease or sublease is in breach or default, and no
event has occurred which, with notice or lapse of time, would
constitute a breach or default or permit termination, modification,
or acceleration thereunder; </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 4.92cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 4.92cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(D)
no party to the lease or sublease has repudiated any provision
thereof; </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 4.92cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 4.92cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(E)
there are no disputes, oral agreements, or forbearance programs in
effect as to the lease or sublease; </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 4.92cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 4.92cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(F)
with respect to each sublease, the representations and warranties set
forth in subsections (A) through (E) above are true and correct with
respect to the underlying lease; </FONT></FONT>
</P>
<P><BR>
</P>
<P><BR>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 4.92cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(G)
none of the Target and its Subsidiaries has assigned, transferred,
conveyed, mortgaged, deeded in trust, or encumbered any interest in
the leasehold or subleasehold; </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 4.92cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 4.92cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(H)
all facilities leased or subleased thereunder have received all
approvals of governmental authorities (including licenses and
permits) required in connection with the operation thereof and have
been operated and maintained in accordance with applicable laws,
rules, and regulations; </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 4.92cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 4.92cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(I)
all facilities leased or subleased thereunder are supplied with
utilities and other services necessary for the operation of said
facilities. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(m)
Intellectual Property. To the Sellers&rsquo; Knowledge: </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(i)
the Target and its Subsidiaries owns or have the right to use
pursuant to license, sublicense, agreement, or permission all
Intellectual Property necessary for the operation of the businesses
of the Target and its Subsidiaries as presently conducted. Each item
of Intellectual Property owned or used by any of the Target and its
Subsidiaries immediately prior to the Closing hereunder will be owned
or available for use by the Target or the Subsidiary on identical
terms and conditions immediately subsequent to the Closing hereunder.
</FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(ii)
None of the Target and its Subsidiaries have received any charge,
complaint, demand, or notice that the Target has interfered with,
infringed upon, misappropriated, or otherwise come into conflict with
any Intellectual Property rights of third parties. To the Knowledge
of the Sellers, no third party has interfered with, infringed upon,
misappropriated, or otherwise come into conflict with any
Intellectual Property rights of any of the Target and its
Subsidiaries. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(iii)
No patent or registration has been issued to any of the Target and
its Subsidiaries with respect to any of its Intellectual Property and
no pending patent application or application for registration has
been filed by any of the Target and its Subsidiaries has made with
respect to any of its Intellectual Property. &sect;4(m)(iii) of the
Disclosure Schedule identifies each trade name or unregistered
trademark used by any of the Target and its Subsidiaries in
connection with any of its businesses. To the Sellers&rsquo;
Knowledge, with respect to each item of Intellectual Property
required to be identified in &sect;4(m)(iii) of the Disclosure
Schedule: </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 5.08cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 5.08cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(A)
the Target possess all right, title, and interest in and to the item,
free and clear of any Security Interest, license, or other
restriction; </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 5.08cm"><BR>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 5.08cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(B)
the item is not subject to any outstanding injunction, judgment,
order, decree, ruling, or charge; </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 5.08cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 5.08cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(C)
no action, suit, proceeding, hearing, investigation, charge,
complaint, claim, or demand is pending or is threatened which
challenges the legality, validity, enforceability, use, or ownership
of the item; and </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 5.08cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 5.08cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(D)
none of the Target and its Subsidiaries has ever agreed to indemnify
any Person for or against any interference, infringement,
misappropriation, or other conflict with respect to the item. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(iv)
To the Sellers&rsquo; Knowledge, there are no written licenses,
sublicenses, agreements or permissions applicable to the Target&rsquo;s
use of the Target&rsquo;s Intellectual Property. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(v)
To the Knowledge of the Sellers, none of the Target and its
Subsidiaries will interfere with, infringe upon, misappropriate, or
otherwise come into conflict with, any Intellectual Property rights
of third parties as a result of the continued operation of its
businesses as presently conducted. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(vi)
The Sellers have no Knowledge of any new products, inventions,
procedures, or methods of manufacturing or processing that any
competitors or other third parties have developed which reasonably
could be expected to supersede or make obsolete any product or
process of any of the Target and its Subsidiaries. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(n)
Tangible Assets. The Target and its Subsidiaries own or lease all
buildings, machinery, equipment, and other tangible assets necessary
for the conduct of their businesses as presently conducted. To the
Sellers&rsquo; Knowledge, each such tangible asset has been
maintained in accordance with normal industry practice, is in good
operating condition and repair (subject to normal wear and tear), and
is suitable for the purposes for which it presently is used. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(o)
Inventory. The Target does not have any inventory. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(p)
Contracts. &sect;4(p) of the Disclosure Schedule lists the following
contracts and other agreements to which any of the Target and its
Subsidiaries is a party: </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(i)
any agreement (or group of related agreements) for the lease of
personal property to or from any Person providing for lease payments
in excess of $10,000 per annum; </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(ii)
any agreement (or group of related agreements) for the purchase or
sale of raw materials, commodities, supplies, products, or other
personal property, or for the furnishing or receipt of services, the
performance of which will extend over a period of more than one year,
result in a material loss to any of the Target and its Subsidiaries,
or involve consideration in excess of $10,000; </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(iii)
any agreement concerning a partnership or joint venture; </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>
(iv) any agreement (or group of related agreements) under which it
has created, incurred, assumed, or guaranteed any indebtedness for
borrowed money, or any capitalized lease obligation, in excess of
$10,000 or under which it has imposed a Security Interest on any of
its assets, tangible or intangible; </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(v)
any agreement concerning confidentiality or noncompetition; </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(vi)
any agreement with any of the Sellers and their Affiliates (other
than the Target and its Subsidiaries); </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(vii)
any profit sharing, stock option, stock purchase, stock appreciation,
deferred compensation, severance, or other material plan or
arrangement for the benefit of its current or former directors,
officers, and employees; </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(viii)
any collective bargaining agreement; </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(ix)
any agreement for the employment of any individual on a full-time,
part-time, consulting, or other basis providing annual compensation
in excess of $20,000 or providing severance benefits; </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(x)
any agreement under which it has advanced or loaned any amount to any
of its directors, officers, and employees outside the Ordinary Course
of Business; </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(xi)
any agreement under which the consequences of a default or
termination could have a material adverse effect on the business,
financial condition, operations, results of operations, or future
prospects of any of the Target and its Subsidiaries; or </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(xii)
any other agreement (or group of related agreements) the performance
of which involves consideration in excess of $10,000. </FONT></FONT>
</P>
<P><BR>
</P>
<P CLASS="western" ALIGN=JUSTIFY><FONT FACE="Arial, sans-serif"><FONT SIZE=2>A
correct and complete copy of each written agreement listed in the
Disclosure Schedule (as amended to date) is attached as a Schedule to
the Disclosure Schedule. With respect to each such agreement: (A) the
agreement is legal, valid, binding, enforceable, and in full force
and effect; (B) the agreement will continue to be legal, valid,
binding, enforceable, and in full force and effect on identical terms
following the consummation of the transactions contemplated hereby;
(C) no party is in breach or default, and no event has occurred which
with notice or lapse of time would constitute a breach or default, or
permit termination, modification, or acceleration, under the
agreement; and (D) no party has repudiated any provision of the
agreement. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(q)
Notes and Accounts Receivable. To the Sellers&rsquo; Knowledge, all
notes and accounts receivable of the Target and its Subsidiaries are
reflected properly on their books and records, are valid receivables
subject to no setoffs or counterclaims, are current and collectible,
and will be collected in accordance with their terms at their
recorded amounts, subject only to the reserve for bad debts set forth
on the face of the Most Recent Balance Sheet (rather than in any
notes thereto) as adjusted for the passage of time through the
Closing Date in accordance with the past custom and practice of the
Target and its Subsidiaries. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(r)
Powers of Attorney. There are no outstanding powers of attorney
executed on behalf of any of the Target and its Subsidiaries. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(s)
Insurance. &sect;4(s) of the Disclosure Schedule sets forth the
following information with respect to each insurance policy
(including policies providing property, casualty, liability, and
workers' compensation coverage and bond and surety arrangements) to
which any of the Target and its Subsidiaries has been a party, a
named insured, or otherwise the beneficiary of coverage at any time
within the past three (3) years: </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<OL TYPE=i>
	<LI><P ALIGN=JUSTIFY><FONT FACE="Arial, sans-serif"><FONT SIZE=2>the
	name, address, and telephone number of the agent; </FONT></FONT>
	</P>
</OL>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(ii)
the name of the insurer, the name of the policyholder, and the name
of each covered insured; </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(iii)
the policy number and the period of coverage; </FONT></FONT>
</P>
<P ALIGN=JUSTIFY><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(iv)
the scope (including an indication of whether the coverage was on a
claims made, occurrence, or other basis) and amount (including a
description of how deductibles and ceilings are calculated and
operate) of coverage; and </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>
(v) a description of any retroactive premium adjustments or other
loss-sharing arrangements. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY><FONT FACE="Arial, sans-serif"><FONT SIZE=2>To the
Sellers&rsquo; Knowledge, with respect to each such insurance policy:
(A) the policy is legal, valid, binding, enforceable, and in full
force and effect; (B) the policy will continue to be legal, valid,
binding, enforceable, and in full force and effect on identical terms
following the consummation of the transactions contemplated hereby;
(C) neither any of the Target and its Subsidiaries nor any other
party to the policy is in breach or default (including with respect
to the payment of premiums or the giving of notices), and no event
has occurred which, with notice or the lapse of time, would
constitute such a breach or default, or permit termination,
modification, or acceleration, under the policy; and (D) no party to
the policy has repudiated any provision thereof. Each of the Target
and its Subsidiaries has been covered during the past 5 years by
insurance in scope and amount customary and reasonable for the
businesses in which it has engaged during the aforementioned period.
&sect;4(s) of the Disclosure Schedule describes any self-insurance
arrangements affecting any of the Target and its Subsidiaries. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(t)
Litigation. &sect;4(t) of the Disclosure Schedule sets forth each
instance of which the Sellers have Knowledge that any of the Target
and its Subsidiaries (i) is subject to any outstanding injunction,
judgment, order, decree, ruling, or charge or (ii) is a party or is
threatened to be made a party to any action, suit, proceeding,
hearing, or investigation of, in, or before any court or
quasi-judicial or administrative agency of any federal, state, local,
or foreign jurisdiction or before any arbitrator. None of the Sellers
have Knowledge that any action, suit, proceeding, hearing, or
investigation arising from or relating to matters not identified in
the Disclosure Schedule may be brought or threatened against any of
the Target and its Subsidiaries. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(u)
Product Warranty. Not applicable. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(v)
Product Liability. Not applicable. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(w)
Employees. To the Knowledge of the Sellers, no executive, key
employee, or group of employees has any plans to terminate employment
with any of the Target and its Subsidiaries. None of the Target and
its Subsidiaries is a party to or bound by any collective bargaining
agreement, nor has any of them experienced any strikes, grievances,
claims of unfair labor practices, or other collective bargaining
disputes. To the Sellers&rsquo; Knowledge, none of the Target and its
Subsidiaries has committed any unfair labor practice. The Sellers do
not have any Knowledge of any organizational effort presently being
made or threatened by or on behalf of any labor union with respect to
employees of any of the Target and its Subsidiaries. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(x)
Employee Benefits. The Target is not a party to any Employee Benefit
Plan. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(y)
Guaranties. Excluding any Liabilities or obligations arising from or
related to: common law liability, including without limitation,
respondeat superior and liability based on ownership of a motor
vehicle; obligations for which the Target is a co-obligor; and
Liabilities and obligations of any of the other corporations
comprising the Target, none of the Target and its Subsidiaries is a
guarantor or otherwise is liable for any Liability or obligation
(including indebtedness) of any other Person. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(z)
Environmental, Health, and Safety Matters. To the Sellers&rsquo;
Knowledge: </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(i)
Each of the Target, its Subsidiaries, and their respective
predecessors has complied and is in compliance with all
Environmental, Health, and Safety Requirements. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(ii)
Without limiting the generality of the foregoing, each of the Target
and its Subsidiaries has obtained and complied with, and is in
compliance with, all permits, licenses and other authorizations that
are required pursuant to Environmental, Health, and Safety
Requirements for the occupation of its facilities and the operation
of its business; a list of all such permits, licenses and other
authorizations is set forth on the attached &quot;Environmental and
Safety Permits Schedule.&quot; </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(iii)
Neither the Target, its Subsidiaries, nor their respective
predecessors has received any written or oral notice, report or other
information regarding any actual or alleged violation of
Environmental, Health, and Safety Requirements, or any liabilities or
potential liabilities (whether accrued, absolute, contingent,
unliquidated or otherwise), including any investigatory, remedial or
corrective obligations, relating to any of them or its facilities
arising under Environmental, Health, and Safety Requirements. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(iv)
None of the following exists at any property or facility owned or
operated by the Target or its Subsidiaries: (1) underground storage
tanks, (2) asbestos-containing material in any form or condition, (3)
materials or equipment containing polychlorinated biphenyls, or (4)
landfills, surface impoundments, or disposal areas. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(v)
None of the Target, its Subsidiaries, or their respective
predecessors has treated, stored, disposed of, arranged for or
permitted the disposal of, transported, handled, or released any
substance, including without limitation any hazardous substance, or
owned or operated any property or facility (and no such property or
facility is contaminated by any such substance) in a manner that has
given or would give rise to liabilities, including any liability for
response costs, corrective action costs, personal injury, property
damage, natural resources damages or attorney fees, pursuant to the
Comprehensive Environmental Response, Compensation and Liability Act
of 1980, as amended (&quot;CERCLA&quot;), the Solid Waste Disposal
Act, as amended (&quot;SWDA&quot;) or any other Environmental,
Health, and Safety Requirements. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(vi)
Neither this Agreement nor the consummation of the transaction that
is the subject of this Agreement will result in any obligations for
site investigation or cleanup, or notification to or consent of
government agencies or third parties, pursuant to any of the
so-called &quot;transaction-triggered&quot; or &quot;responsible
property transfer&quot; Environmental, Health, and Safety
Requirements. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(vii)
Neither the Target, its Subsidiaries, nor any of their respective
predecessors has, either expressly or by operation of law, assumed or
undertaken any liability, including without limitation any obligation
for corrective or remedial action, of any other Person relating to
Environmental, Health, and Safety Requirements. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(viii)
No facts, events or conditions relating to the past or present
facilities, properties or operations of the Target, its Subsidiaries,
or any of their respective predecessors will prevent, hinder or limit
continued compliance with Environmental, Health, and Safety
Requirements, give rise to any investigatory, remedial or corrective
obligations pursuant to Environmental, Health, and Safety
Requirements, or give rise to any other liabilities (whether accrued,
absolute, contingent, unliquidated or otherwise) pursuant to
Environmental, Health, and Safety Requirements, including without
limitation any relating to onsite or offsite releases or threatened
releases of hazardous materials, substances or wastes, personal
injury, property damage or natural resources damage. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(aa)
Disclosure. The representations and warranties contained in this &sect;4
do not contain any untrue statement of a fact or omit to state any
fact necessary in order to make the statements and information
contained in this &sect;4 not misleading. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT SIZE=2><FONT SIZE=2><FONT FACE="Arial, sans-serif">(ab)
<B>DISCLAIMER. EXCEPT AS OTHERWISE EXPRESSLY PROVIDED IN THIS
AGREEMENT, SELLERS DISCLAIM ALL WARRANTIES OF ANY KIND, EXPRESS OR
IMPLIED, INCLUDING, WITHOUT LIMITATION, IMPLIED WARRANTIES OF
MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. </B></FONT></FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>5.
Pre-Closing Covenants. The Parties agree as follows with respect to
the period between the execution of this Agreement and the Closing. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(a)
General. Each of the Parties will use his or its reasonable best
efforts to take all action and to do all things necessary, proper, or
advisable in order to consummate and make effective the transactions
contemplated by this Agreement (including satisfaction, but not
waiver, of the closing conditions set forth in &sect;7 below). </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(b)
Notices and Consents. The Sellers will cause each of the Target to
give any notices to third parties, and will cause each of the Target
to use its reasonable best efforts to obtain any third party
consents, that the Buyer reasonably may request in connection with
the matters referred to in &sect;4(c) above. Each of the Parties will
(and the Sellers will cause each of the Target to) give any notices
to, make any filings with, and use its reasonable best efforts to
obtain any authorizations, consents, and approvals of governments and
governmental agencies in connection with the matters referred to in
&sect;3(a)(ii), &sect;3(b)(ii), and &sect;4(c) above. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(c)
Operation of Business. The Sellers will not cause or permit any of
the Target to engage in any practice, take any action, or enter into
any transaction outside the Ordinary Course of Business. Without
limiting the generality of the foregoing, the Sellers will not cause
or permit any of the Target to (i) declare, set aside, or pay any
dividend or make any distribution with respect to its capital stock
or redeem, purchase, or otherwise acquire any of its capital stock,
or (ii) otherwise engage in any practice, take any action, or enter
into any transaction of the sort described in &sect;4(h) above. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(d)
Preservation of Business. The Sellers will cause each of the Target
to keep its business and properties substantially intact, including
its present operations, physical facilities, working conditions, and
relationships with lessors, licensors, suppliers, customers, and
employees. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(e)
Full Access. Each of the Sellers will permit, and the Sellers will
cause each of the Target to permit, representatives of the Buyer to
have full access to all premises, properties, personnel, books,
records (including Tax records), contracts, and documents of or
pertaining to each of the Target. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(f)
Notice of Developments. The Sellers will give prompt written notice
to the Buyer of any material adverse development causing a breach of
any of the representations and warranties in &sect;4 above. Each
Party will give prompt written notice to the others of any material
adverse development causing a breach of any of his or its own
representations and warranties in &sect;3 above. No disclosure by any
Party pursuant to this &sect;5(f), however, shall be deemed to amend
or supplement Annex I, Annex II, or the Disclosure Schedule or to
prevent or cure any misrepresentation, breach of warranty, or breach
of covenant. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(g)
Exclusivity. None of the Sellers will (and the Sellers will not cause
or permit any of the Target and its Subsidiaries to (i) solicit,
initiate, or encourage the submission of any proposal or offer from
any Person relating to the acquisition of any capital stock or other
voting securities, or any substantial portion of the assets, of any
of the Target and its Subsidiaries (including any acquisition
structured as a merger, consolidation, or share exchange) or (ii)
participate in any discussions or negotiations regarding, furnish any
information with respect to, assist or participate in, or facilitate
in any other manner any effort or attempt by any Person to do or seek
any of the foregoing. None of the Sellers will vote their Target
Shares in favor of any such acquisition structured as a merger,
consolidation, or share exchange. The Sellers will notify the Buyer
immediately if any Person makes any proposal, offer, inquiry, or
contact with respect to any of the foregoing. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><BR>
</P>
<P STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>6.
Post-Closing Covenants. The Parties agree as follows with respect to
the period following the Closing. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(a)
General. In case at any time after the Closing any further action is
necessary or desirable to carry out the purposes of this Agreement,
each of the Parties will take such further action (including the
execution and delivery of such further instruments and documents) as
any other Party reasonably may request, all at the sole cost and
expense of the requesting Party (unless the requesting Party is
entitled to indemnification therefor under &sect;8 below). The
Sellers acknowledge and agree that from and after the Closing the
Buyer will be entitled to possession of all documents, books, records
(including Tax records), agreements, and financial data of any sort
relating to the Target. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(b)
Litigation Support. In the event and for so long as any Party
actively is contesting or defending against any action, suit,
proceeding, hearing, investigation, charge, complaint, claim, or
demand asserted by a third party in connection with (i) any
transaction contemplated under this Agreement or (ii) any fact,
situation, circumstance, status, condition, activity, practice, plan,
occurrence, event, incident, action, failure to act, or transaction
on or prior to the Closing Date involving any of the Target , each of
the other Parties will cooperate with the contesting or defending
Party and that Party&rsquo;s counsel in the contest or defense, make
available their personnel, and provide such testimony and access to
their books and records as shall be necessary in connection with the
contest or defense, all at the sole cost and expense of the
contesting or defending Party (unless the contesting or defending
Party is entitled to indemnification therefor under &sect;8 below). </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(c)
Transition. None of the Sellers will take any action that is designed
or intended to have the effect of discouraging any lessor, licensor,
customer, supplier, or other business associate of any of the Target
from maintaining the same business relationships with the Target
after the Closing as it maintained with the Target prior to the
Closing. Each of the Sellers will refer all customer inquiries
relating to the businesses of the Target to the Buyer and/or the
Target from and after the Closing. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(d)
Confidentiality. Each of the Sellers will treat and hold as such all
of the Confidential Information, refrain from using any of the
Confidential Information except in connection with this Agreement,
and deliver promptly to the Buyer or destroy, at the request and
option of the Buyer, all tangible embodiments (and all copies) of the
Confidential Information which are in his or her possession. In the
event that any of the Sellers is requested or required (by oral
question or request for information or documents in any legal
proceeding, interrogatory, subpoena, civil investigative demand, or
similar process) to disclose any Confidential Information, that
Sellers will notify the Buyer promptly of the request or requirement
so that the Buyer may seek an appropriate protective order or waive
compliance with the provisions of this &sect;6(d). If, in the absence
of a protective order or the receipt of a waiver hereunder, any of
the Sellers is, on the advice of counsel, compelled to disclose any
Confidential Information to any tribunal or else stand liable for
contempt, that Sellers may disclose the Confidential Information to
the tribunal; provided, however, that the disclosing Sellers shall
use his or her reasonable best efforts to obtain, at the request of
the Buyer, an order or other assurance that confidential treatment
will be accorded to such portion of the Confidential Information
required to be disclosed as the Buyer shall designate. The foregoing
provisions shall not apply to any Confidential Information, which is
generally available to the public immediately prior to the time of
disclosure or has been disclosed by any Person other than the Sellers
prior to the time of disclosure. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(e)
Target Indebtedness and Contractual Obligations and Liabilities for
Which the Sellers are Obligated. At the Closing the Buyer shall pay
in full the Indebtedness of the Target, for which any or both of the
Sellers have given a personal guaranty of performance and/or payment.
At the Closing, the Buyer shall either (a) secure the consent of any
Person who is a party to any contract to whom any or both of the
Sellers have given such a personal guaranty to the continuation of
the payoff of such Indebtedness or the continuation of performance of
such contract after Closing by the Buyer with the elimination of the
personal guaranty of each Seller, or (b) pay off the Indebtedness on
or before the closing of this Agreement, approximate amounts to be
paid are:</FONT></FONT></P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P STYLE="widows: 2; orphans: 2"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>21,364		GMAC</FONT></FONT></P>
<P><FONT FACE="Arial, sans-serif"><FONT SIZE=2>62,500		Urban County
Community Development Corporation/SBA</FONT></FONT></P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>
</FONT></FONT><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(f)
Buyer Shares. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(i)
The Buyer covenants that all of the Buyer Shares transferable to
Sellers pursuant to this Agreement: (a) have been, or shall be when
issued, duly authorized and are, or shall be when issued, validly
issued, fully paid, and nonassessable, (b) were issued and
registered, or shall be registered within ninety (90) days of
Sellers&rsquo; request given no earlier than one (1) year from the
date of issue, in full and complete compliance with all applicable
state and federal securities laws and regulations, (c) were not, and
shall not be, issued in breach of any commitments, (d) as of the date
hereof are held of record and owned beneficially by the Buyer and as
of the Closing Date and thereafter shall be held of record and owned
beneficially by Sellers, and (e) have no contracts or restrictions
applicable to the Buyer Shares with respect to the voting, sale,
resale or other transfer of the Buyer Shares that the Buyer has not
specifically disclosed to the Sellers. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(ii)
In the event of the payment or declaration of any dividends payable
in, or the making of any distribution of shares of the Buyer (or the
passing of the record date for the determination of stockholders of
Buyer entitled to receive such dividend or distribution), or in the
event of any stock split, combination of shares, merger,
consolidation, reorganization, recapitalization, reclassification or
other similar change affecting Buyer Shares occurring after the date
of this Agreement and before the Buyer Shares are delivered to the
Sellers pursuant to the provisions of Section 2 hereof or the
Employment Agreements, then the Buyer shall make appropriate
adjustments in the number and kind of Buyer Shares to be delivered,
and the value, on the date of delivery of the Buyer Shares shall be
appropriately adjusted, to reflect such dividend, distribution,
split, combination, merger, consolidation, reorganization,
recapitalization, reclassification or other change. </FONT></FONT>
</P>
<P STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>7.
Conditions to Obligation to Close. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(a)
Conditions to Obligation of the Buyer. The obligation of the Buyer to
consummate the transactions to be performed by it in connection with
the Closing is subject to satisfaction of the following conditions: </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(i)
the representations and warranties set forth in &sect;3(a) and &sect;4
above shall be true and correct in all material respects at and as of
the Closing Date; </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(ii)
the Sellers shall have performed and complied with all of their
covenants hereunder in all material respects through the Closing; </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(iii)
the Target and its Subsidiaries shall have procured all of the third
party consents specified in &sect;5(b) above; </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(iv)
no action, suit, or proceeding shall be pending or threatened before
any court or quasi-judicial or administrative agency of any federal,
state, local, or foreign jurisdiction wherein an unfavorable
injunction, judgment, order, decree, ruling, or charge would (A)
prevent consummation of any of the transactions contemplated by this
Agreement, (B) cause any of the transactions contemplated by this
Agreement to be rescinded following consummation, (C) affect
adversely the right of the Buyer to own the Target Shares and to
control the Target and its Subsidiaries, or (D) affect adversely the
right of any of the Target and its Subsidiaries to own its assets and
to operate its businesses (and no such injunction, judgment, order,
decree, ruling, or charge shall be in effect); </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(v)
the Sellers shall have delivered to the Buyer a certificate to the
effect that each of the conditions specified above in &sect;7(a)(i)-(iv)
is satisfied in all respects; </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT SIZE=2><FONT SIZE=2><FONT FACE="Arial, sans-serif">(vi)
each of the Sellers and the Buyer shall have entered into the
Employment Agreements attached hereto as <U>Exhibits &quot; C-1&quot;
and &quot; C-2&quot; </U> and the same shall be in full force and
effect; and </FONT></FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(vii)
all actions to be taken by the Sellers in connection with
consummation of the transactions contemplated hereby and all
certificates, opinions, instruments, and other documents required to
effect the transactions contemplated hereby will be reasonably
satisfactory in form and substance to the Buyer. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY><BR>
</P>
<P ALIGN=JUSTIFY><FONT FACE="Arial, sans-serif"><FONT SIZE=2>The
Buyer may waive any condition specified in this &sect;7(a) if it
executes a writing so stating at or prior to the Closing. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(b)
Conditions to Obligation of the Sellers. The obligation of the
Sellers to consummate the transactions to be performed by them in
connection with the Closing is subject to satisfaction of the
following conditions: </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(i)
the representations and warranties set forth in &sect;3(b) above
shall be true and correct in all material respects at and as of the
Closing Date; </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(ii)
the Buyer shall have performed and complied with all of its covenants
hereunder in all material respects through the Closing; </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(iii)
no action, suit, or proceeding shall be pending or threatened before
any court or quasi-judicial or administrative agency of any federal,
state, local, or foreign jurisdiction wherein an unfavorable
injunction, judgment, order, decree, ruling, or charge would (A)
prevent consummation of any of the transactions contemplated by this
Agreement, (B) cause any of the transactions contemplated by this
Agreement to be rescinded following consummation, or (C) affect
adversely the right of the Sellers to own the Buyer Shares (and no
such injunction, judgment, order, decree, ruling, or charge shall be
in effect); </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(iv)
the Buyer shall have delivered to the Sellers a certificate to the
effect that each of the conditions specified above in &sect;7(b)(i)-(iii)
is satisfied in all respects; </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT SIZE=2><FONT SIZE=2><FONT FACE="Arial, sans-serif">(v)
each of the Sellers and the Buyer shall have entered into the
Employment Agreements attached hereto as <U>Exhibits &quot; G-1&quot;
and &quot; G-2&quot; </U> and the same shall be in full force and
effect; and </FONT></FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(vi)
all actions to be taken by the Buyer in connection with consummation
of the transactions contemplated hereby and all certificates,
opinions, instruments, and other documents required to effect the
transactions contemplated hereby will be reasonably satisfactory in
form and substance to the Sellers.</FONT></FONT></P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(vii)
 pursuant to a certain employment agreement, dated July 9, 1993,
between Dasher Express and Airfreight and Tom Drury, it is agreed
that all obligations of that agreement will be assumed by the Buyer,
and that Drury will consent to such assumption and release the
Sellers from all obligations thereunder.</FONT></FONT></P>
<P ALIGN=JUSTIFY><BR>
</P>
<P ALIGN=JUSTIFY><FONT FACE="Arial, sans-serif"><FONT SIZE=2>The
Sellers may waive any condition specified in this &sect;7(b) if they
execute a writing so stating at or prior to the Closing. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><BR>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>8.
Remedies for Breaches of This Agreement. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(a)
Survival of Representations, Warranties and Covenants. All of the
representations and warranties of the Parties contained in this
Agreement shall survive the Closing hereunder and continue in full
force and effect for one (1) year thereafter (subject to any
applicable statutes of limitations). The provisions of Section 2 of
this Agreement and the covenants of the Parties contained in this
Agreement shall survive the Closing hereunder and continue in full
force and effect for as long as they remain applicable. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT SIZE=2><FONT SIZE=2><FONT FACE="Arial, sans-serif">(b)
Indemnification Provisions for Benefit of the Buyer. Each Seller
shall defend, indemnify and hold the Buyer harmless from and against
any and all claims, demands, costs, expenses, including attorneys&rsquo;
fees and court costs, damages, lawsuits, actions, causes of action,
assessments, judgments, liabilities and losses, arising before the
Closing and based on the Sellers&rsquo; breach of any warranty or
representation in this Agreement; <B>provided that </B>the Sellers
had Knowledge that the representation or warranty was untrue and
further provided that the Buyer did not have any Knowledge or any
reason to have Knowledge that the representation or warranty was
untrue on or before the Closing. Each Seller&rsquo;s liability under
this provision shall not exceed the amounts that such Seller received
in payment of the Purchase Price, and the Sellers&rsquo; liability
under this provision shall be reduced by the amount of insurance
coverage available to pay the costs or expenses that the Buyer
actually incurs. </FONT></FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(c)
Indemnification Provisions for Benefit of the Sellers. The Buyer
shall defend, indemnify and hold the Sellers harmless from and
against any and all claims, demands, costs, expenses, including
attorneys&rsquo; fees and court costs, damages, lawsuits, actions,
causes of action, assessments, judgments, liabilities and losses,
whether arising before or after the Closing, whether known or
unknown, arising from or relating to the Target, and/or arising from
or relating to: (i) the Buyer&rsquo;s breach of any warranty,
representation or covenant in this Agreement; (ii) Sellers&rsquo;
ownership of the Target Shares; (iii) Sellers&rsquo; operation of the
Target; (iv) Sellers&rsquo; positions as officers and directors of
the Target; (v) the Target&rsquo;s Indebtedness, contractual
obligations and liabilities, whether incurred before or after the
Closing, including any liability for Taxes; and (vi) the Buyer&rsquo;s
breach of any covenant of this Agreement to be performed by the
Buyer, including without limitation, Buyer&rsquo;s default in payment
of the Indebtedness or default of the performance of any contract for
which any Seller has given a personal guaranty. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(d)
Matters Involving Third Parties. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(i)
If any third party shall notify any Party (the &quot;Indemnified
Party&quot;) with respect to any matter (a &quot;Third Party Claim&quot;)
which may give rise to a claim for indemnification against any other
Party (the &quot;Indemnifying Party&quot;) under this &sect;8, then
the Indemnified Party shall promptly notify each Indemnifying Party
thereof in writing; provided, however, that no delay on the part of
the Indemnified Party in notifying any Indemnifying Party shall
relieve the Indemnifying Party from any obligation hereunder unless
(and then solely to the extent) the Indemnifying Party thereby is
prejudiced. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(ii)
Any Indemnifying Party will have the right to defend the Indemnified
Party against the Third Party Claim with counsel of its choice
reasonably satisfactory to the Indemnified Party so long as (A) the
Indemnifying Party notifies the Indemnified Party in writing within
15 days after the Indemnified Party has given notice of the Third
Party Claim that the Indemnifying Party will indemnify the
Indemnified Party from and against the entirety of any Adverse
Consequences the Indemnified Party may suffer resulting from, arising
out of, relating to, in the nature of, or caused by the Third Party
Claim, (B) the Indemnifying Party provides the Indemnified Party with
evidence reasonably acceptable to the Indemnified Party that the
Indemnifying Party will have the financial resources to defend
against the Third Party Claim and fulfill its indemnification
obligations hereunder, (C) the Third Party Claim involves only money
damages and does not seek an injunction or other equitable relief,
(D) settlement of, or an adverse judgment with respect to, the Third
Party Claim is not, in the good faith judgment of the Indemnified
Party, likely to establish a precedential custom or practice adverse
to the continuing business interests of the Indemnified Party, and
(E) the Indemnifying Party conducts the defense of the Third Party
Claim actively and diligently. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(iii)
So long as the Indemnifying Party is conducting the defense of the
Third Party Claim in accordance with &sect;8(d)(ii) above, (A) the
Indemnified Party may retain separate co-counsel at its sole cost and
expense and participate in the defense of the Third Party Claim, (B)
the Indemnified Party will not consent to the entry of any judgment
or enter into any settlement with respect to the Third Party Claim
without the prior written consent of the Indemnifying Party (not to
be withheld unreasonably), and (C) the Indemnifying Party will not
consent to the entry of any judgment or enter into any settlement
with respect to the Third Party Claim without the prior written
consent of the Indemnified Party (not to be withheld unreasonably). </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(iv)
In the event any of the conditions in &sect;8(d)(ii) above is or
becomes unsatisfied, however, (A) the Indemnified Party may defend
against, and consent to the entry of any judgment or enter into any
settlement with respect to, the Third Party Claim in any manner it
reasonably may deem appropriate (and the Indemnified Party need not
consult with, or obtain any consent from, any Indemnifying Party in
connection therewith), (B) the Indemnifying Parties will reimburse
the Indemnified Party promptly and periodically for the costs of
defending against the Third Party Claim (including reasonable
attorneys' fees and expenses), and (C) the Indemnifying Parties will
remain responsible for any Adverse Consequences the Indemnified Party
may suffer resulting from, arising out of, relating to, in the nature
of, or caused by the Third Party Claim to the fullest extent provided
in this &sect;8. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(e)
Other Indemnification Provisions. The foregoing indemnification
provisions are in addition to, and not in derogation of, any
statutory, equitable, or common law remedy (including without
limitation any such remedy arising under Environmental, Health, and
Safety Requirements) any Party may have with respect to the Target,
its Subsidiaries, or the transactions contemplated by this Agreement.
Each of the Sellers hereby agrees that he or she will not make any
claim for indemnification against any of the Target and its
Subsidiaries by reason of the fact that he or she was a director,
officer, employee, or agent of any such entity or was serving at the
request of any such entity as a partner, trustee, director, officer,
employee, or agent of another entity (whether such claim is for
judgments, damages, penalties, fines, costs, amounts paid in
settlement, losses, expenses, or otherwise and whether such claim is
pursuant to any statute, charter document, bylaw, agreement, or
otherwise) with respect to any action, suit, proceeding, complaint,
claim, or demand brought by the Buyer against such Seller arising
from the Sellers&rsquo; alleged breach of this Agreement. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>9.
Tax Matters. The following provisions shall govern the allocation of
responsibility as between Buyer and Sellers for certain tax matters
following the Closing Date: </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(a)
Cooperation on Tax Matters. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(i)
Buyer, the Target and its Subsidiaries and Sellers shall cooperate
fully, as and to the extent reasonably requested by the other party,
in connection with the filing of Tax Returns pursuant to this Section
and any audit, litigation or other proceeding with respect to Taxes.
Such cooperation shall include the retention and (upon the other
party's request) the provision of records and information which are
reasonably relevant to any such audit, litigation or other proceeding
and making employees available on a mutually convenient basis to
provide additional information and explanation of any material
provided hereunder. The Buyer and Sellers agree (A) to retain all
books and records with respect to Tax matters pertinent to the Target
and its Subsidiaries relating to any taxable period beginning before
the Closing Date until the expiration of the statute of limitations
(and, to the extent notified by Buyer or Sellers, any extensions
thereof) of the respective taxable periods, and to abide by all
record retention agreements entered into with any taxing authority,
and (B) to give the other party reasonable written notice prior to
transferring, destroying or discarding any such books and records
and, if the other party so requests, the Buyer or Sellers, as the
case may be, shall allow the other party to take possession of such
books and records. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(ii)
Buyer and Sellers further agree, upon request, to use their best
efforts to obtain any certificate or other document from any
governmental authority or any other Person as may be necessary to
mitigate, reduce or eliminate any Tax that could be imposed
(including, but not limited to, with respect to the transactions
contemplated hereby). </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(iii)
Buyer and Sellers further agree, upon request, to provide the other
party with all information that either party may be required to
report pursuant to Section 6043 of the Code and all Treasury
Department Regulations promulgated thereunder. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(b)
Certain Taxes. All transfer, documentary, sales, use, stamp,
registration and other such Taxes and fees (including any penalties
and interest) incurred in connection with this Agreement, shall be
paid by Buyer when due, and Buyer will, at their own expense, file
all necessary Tax Returns and other documentation with respect to all
such transfer, documentary, sales, use, stamp, registration and other
Taxes and fees, and, if required by applicable law, Sellers will join
in the execution of any such Tax Returns and other documentation. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>10.
Termination. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(a)
Termination of Agreement. Certain of the Parties may terminate this
Agreement as provided below: </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(i)
the Buyer and the Sellers may terminate this Agreement by mutual
written consent at any time prior to the Closing; </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>
(ii) the Buyer may terminate this Agreement by giving written notice
to the Sellers on or before the 15th day following the date of this
Agreement time prior to the Closing if the Buyer is not satisfied
with the results of its continuing business, legal, environmental,
and accounting due diligence regarding the Target ; </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(iii)
the Buyer may terminate this Agreement by giving written notice to
the Sellers at any time prior to the Closing (A) in the event any of
the Sellers has breached any material representation, warranty, or
covenant contained in this Agreement in any material respect, the
Buyer has notified the Requisite Sellers of the breach, and the
breach has continued without cure for a period of 5 days after the
notice of breach or (B) if the Closing shall not have occurred on or
before December 10, 2003, by reason of the failure of any condition
precedent under &sect;7(a) hereof (unless the failure results
primarily from the Buyer itself breaching any representation,
warranty, or covenant contained in this Agreement); and </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(iv)
the Sellers may terminate this Agreement by giving written notice to
the Buyer at any time prior to the Closing (A) in the event the Buyer
has breached any material representation, warranty, or covenant
contained in this Agreement in any material respect, any of the
Sellers has notified the Buyer of the breach, and the breach has
continued without cure for a period of 5 days after the notice of
breach or (B) if the Closing shall not have occurred on or before
December 10, 2003, by reason of the failure of any condition
precedent under &sect;7(b) hereof (unless the failure results
primarily from any of the Sellers themselves breaching any
representation, warranty, or covenant contained in this Agreement). </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(b)
Effect of Termination. If any Party terminates this Agreement
pursuant to &sect;10(a) above, all rights and obligations of the
Parties hereunder shall terminate without any Liability of any Party
to any other Party (except for any Liability of any Party then in
breach). </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>11.
Miscellaneous. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(a)
Nature of Certain Obligations. The representations, warranties, and
covenants in this Agreement are joint obligations. This means that
the Sellers will be jointly responsible to the extent provided in &sect;8
above for the entirety of any Adverse Consequences the Buyer may
suffer as a result of any breach thereof. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(b)
Press Releases and Public Announcements. No Party shall issue any
press release or make any public announcement relating to the subject
matter of this Agreement without the prior written approval of the
Buyer. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(c)
No Third-Party Beneficiaries. This Agreement shall not confer any
rights or remedies upon any Person other than the Parties and their
respective successors and permitted assigns. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(d)
Entire Agreement. This Agreement (including the documents referred to
herein) constitutes the entire agreement among the Parties and
supersedes any prior understandings, agreements, or representations
by or among the Parties, written or oral, to the extent they related
in any way to the subject matter hereof. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(e)
Succession and Assignment. This Agreement shall be binding upon and
inure to the benefit of the Parties named herein and their respective
successors and permitted assigns. No Party may assign either this
Agreement or any of his or its rights, interests, or obligations
hereunder without the prior written approval of the Buyer and the
Sellers; provided, however, that the Buyer may (i) assign any or all
of its rights and interests hereunder to one or more of its
Affiliates and (ii) designate one or more of its Affiliates to
perform its obligations hereunder (in any or all of which cases the
Buyer nonetheless shall remain responsible for the performance of all
of its obligations hereunder). </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(f)
Counterparts. This Agreement may be executed in one or more
counterparts, each of which shall be deemed an original but all of
which together will constitute one and the same instrument. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>
(g) Headings. The section headings contained in this Agreement are
inserted for convenience only and shall not affect in any way the
meaning or interpretation of this Agreement. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(h)
Notices. All notices, requests, demands, claims, and other
communications hereunder will be in writing. Any notice, request,
demand, claim, or other communication hereunder shall be deemed duly
given if (and then two business days after) it is sent by registered
or certified mail, return receipt requested, postage prepaid, and
addressed to the intended recipient as set forth below: </FONT></FONT>
</P>
<P ALIGN=JUSTIFY><BR>
</P>
<P ALIGN=JUSTIFY><FONT FACE="Arial, sans-serif"><FONT SIZE=2><U>If to
the Sellers: </U></FONT></FONT>
</P>
<P ALIGN=JUSTIFY><FONT FACE="Arial, sans-serif"><FONT SIZE=2>Brad
Kelley 				Jeff Wiseman</FONT></FONT></P>
<H1 CLASS="western" ALIGN=JUSTIFY><FONT FACE="Arial, sans-serif"><FONT SIZE=2>745
Mill Ridge Road			223 Glendover Road</FONT></FONT></H1>
<H1 CLASS="western" ALIGN=JUSTIFY><FONT FACE="Arial, sans-serif"><FONT SIZE=2>Lexington,
KY 40514 			Lexington, KY 40503</FONT></FONT></H1>
<P><BR>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY><FONT SIZE=2><FONT SIZE=2><FONT FACE="Arial, sans-serif"><U>With
a copy to</U>: </FONT></FONT></FONT>
</P>
<P><FONT FACE="Arial, sans-serif"><FONT SIZE=2>William F. Rigsby</FONT></FONT></P>
<P><FONT FACE="Arial, sans-serif"><FONT SIZE=2>Rigsby Law Group, PLC</FONT></FONT></P>
<P><FONT FACE="Arial, sans-serif"><FONT SIZE=2>228 E. High Street</FONT></FONT></P>
<P><FONT FACE="Arial, sans-serif"><FONT SIZE=2>Lexington, Kentucky
40507</FONT></FONT></P>
<P><BR>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY><FONT SIZE=2><FONT SIZE=2><FONT FACE="Arial, sans-serif"><U>If
to the Buyer:</U> 					<U>Copy to:</U></FONT></FONT></FONT></P>
<P ALIGN=JUSTIFY><FONT FACE="Arial, sans-serif"><FONT SIZE=2>John S.
Flynn, President 			Charles Pearlman, Esq. Adorno &amp; Yoss, P.A. 	</FONT></FONT></P>
<P ALIGN=JUSTIFY><FONT FACE="Arial, sans-serif"><FONT SIZE=2>Segmentz,
Inc.	351 East Las Olas Boulevard		</FONT></FONT></P>
<P ALIGN=JUSTIFY><FONT FACE="Arial, sans-serif"><FONT SIZE=2>18302
Highwoods Preserve Parkway 		Suite 100 17th Floor		</FONT></FONT></P>
<P ALIGN=JUSTIFY><FONT FACE="Arial, sans-serif"><FONT SIZE=2>Tampa,
FL 33647				Fort Lauderdale, FL</FONT></FONT></P>
<P ALIGN=JUSTIFY><BR>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY><FONT FACE="Arial, sans-serif"><FONT SIZE=2>Any
Party may send any notice, request, demand, claim, or other
communication hereunder to the intended recipient at the address set
forth above using any other means (including personal delivery,
expedited courier, messenger service, telecopy, telex, ordinary mail,
or electronic mail), but no such notice, request, demand, claim, or
other communication shall be deemed to have been duly given unless
and until it actually is received by the intended recipient. Any
Party may change the address to which notices, requests, demands,
claims, and other communications hereunder are to be delivered by
giving the other Parties notice in the manner herein set forth. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(i)
Governing Law. This Agreement shall be governed by and construed in
accordance with the domestic laws of the State of Florida without
giving effect to any choice or conflict of law provision or rule
(whether of the State of Florida or any other jurisdiction) that
would cause the application of the laws of any jurisdiction other
than the State of Florida. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(j)
Amendments and Waivers. No amendment of any provision of this
Agreement shall be valid unless the same shall be in writing and
signed by the Buyer and the Requisite Sellers. No waiver by any Party
of any default, misrepresentation, or breach of warranty or covenant
hereunder, whether intentional or not, shall be deemed to extend to
any prior or subsequent default, misrepresentation, or breach of
warranty or covenant hereunder or affect in any way any rights
arising by virtue of any prior or subsequent such occurrence. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(k)
Severability. Any term or provision of this Agreement that is invalid
or unenforceable in any situation in any jurisdiction shall not
affect the validity or enforceability of the remaining terms and
provisions hereof or the validity or enforceability of the offending
term or provision in any other situation or in any other
jurisdiction. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(l)
Expenses. Each of the Parties, the Target, and its Subsidiaries will
bear his, her or its own costs and expenses (including legal fees and
expenses) incurred in connection with this Agreement and the
transactions contemplated hereby. The Sellers agree that none of the
Target and its Subsidiaries has borne or will bear any of the
Sellers' costs and expenses (including any of their legal fees and
expenses) in connection with this Agreement or any of the
transactions contemplated hereby. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(m)
Construction. The Parties have participated jointly in the
negotiation and drafting of this Agreement. In the event an ambiguity
or question of intent or interpretation arises, this Agreement shall
be construed as if drafted jointly by the Parties and no presumption
or burden of proof shall arise favoring or disfavoring any Party by
virtue of the authorship of any of the provisions of this Agreement.
Any reference to any federal, state, local, or foreign statute or law
shall be deemed also to refer to all rules and regulations
promulgated thereunder, unless the context requires otherwise. The
word &quot;including&quot; shall mean including without limitation.
The Parties intend that each representation, warranty, and covenant
contained herein shall have independent significance. If any Party
has breached any representation, warranty, or covenant contained
herein in any respect, the fact that there exists another
representation, warranty, or covenant relating to the same subject
matter (regardless of the relative levels of specificity) which the
Party has not breached shall not detract from or mitigate the fact
that the Party is in breach of the first representation, warranty, or
covenant. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(n)
Incorporation of Exhibits, Annexes, and Schedules. The Exhibits,
Annexes, and Schedules identified in this Agreement are incorporated
herein by reference and made a part hereof. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(o)
Specific Performance. Each of the Parties acknowledges and agrees
that the other Parties would be damaged irreparably in the event any
of the provisions of this Agreement and the documents executed in
connection with the Closing of the transaction contemplated herein
are not performed in accordance with their specific terms or
otherwise are breached. Accordingly, each of the Parties agrees that
the other Parties shall be entitled to an injunction or injunctions
to prevent breaches of the provisions of this Agreement and to
enforce specifically this Agreement and the terms and provisions
hereof in any action instituted in any court of the United States or
any state thereof having jurisdiction over the Parties and the
matter, in addition to any other remedy to which they may be
entitled, at law or in equity. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(p)
Submission to Jurisdiction. Each of the Parties submits to the
jurisdiction of any state or federal court sitting in Hillsborough
County, Florida, in any action or proceeding arising out of or
relating to this Agreement and agrees that all claims in respect of
the action or proceeding may be heard and determined in any such
court. Each Party also agrees not to bring any action or proceeding
arising out of or relating to this Agreement in any other court. Each
of the Parties waives any defense of inconvenient forum to the
maintenance of any action or proceeding so brought and waives any
bond, surety, or other security that might be required of any other
Party with respect thereto. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>(q)
Limitation of Liability. Under no circumstances shall a Seller be
liable for any damages, losses, amounts, sums or fees in excess of
the Purchase Price paid and received by such Seller in connection
with this Agreement. </FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="margin-left: -0.16cm; text-indent: 1.27cm"><FONT SIZE=2><FONT FACE="TimesNewRoman, serif">(r)
</FONT><FONT SIZE=2><FONT FACE="Arial, sans-serif">Enforcement.
Should it become necessary for any party to institute legal action to
enforce the terms and conditions of this Agreement, the successful
party will be awarded reasonable attorneys&rsquo; fees at all trial
and appellate levels, expenses and costs.</FONT></FONT></FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-left: -0.16cm; text-indent: 1.27cm"><FONT SIZE=2>
</FONT><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; page-break-before: always">
<FONT SIZE=2><FONT SIZE=2><FONT FACE="Arial, sans-serif"><B>IN
WITNESS WHEREOF</B>, the Parties hereto have executed this Agreement
on the date first above written. </FONT></FONT></FONT>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 7.62cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2><B>Segmentz,
Inc. </B></FONT></FONT>
</P>
<P><BR>
</P>
<P><BR>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="margin-left: 8.89cm; text-indent: -1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>By:
__________________________ </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="margin-left: 8.89cm; text-indent: -1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>Name:
John Flynn</FONT></FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-left: 8.89cm; text-indent: -1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>Title:
   President</FONT></FONT></P>
<P><BR>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="margin-left: 8.89cm; text-indent: -1.27cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="margin-left: 8.89cm; text-indent: -1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>By:
____________________________ </FONT></FONT>
</P>
<H2 CLASS="western" ALIGN=JUSTIFY STYLE="margin-left: 8.89cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>Brad
Kelley </FONT></FONT>
</H2>
<P><BR>
</P>
<P><BR>
</P>
<P ALIGN=JUSTIFY STYLE="margin-left: 8.89cm; text-indent: -1.27cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>By:
____________________________ </FONT></FONT>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 8.89cm"><FONT FACE="Arial, sans-serif"><FONT SIZE=2>Jeff
Wiseman</FONT></FONT></P>
<P ALIGN=JUSTIFY STYLE="text-indent: 8.89cm"><BR>
</P>
<P><BR>
</P>
<P><BR>
</P>
<P><BR>
</P>
<P><BR>
</P>
<P><BR>
</P>
<P><BR>
</P>
<P><BR>
</P>
<P>&nbsp;</P>
<DIV TYPE=FOOTER></DIV>
</BODY>
</HTML>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-2
<SEQUENCE>4
<FILENAME>kelleyemployment.htm
<TEXT>
<HTML>
<HEAD>
	<TITLE>Kelley Employment</TITLE>


</HEAD>
<BODY LANG="en-US" TEXT="#000000">
<P ALIGN=CENTER><FONT FACE="TimesNewRoman,Bold, serif"><B>EXECUTIVE
EMPLOYMENT AGREEMENT</B></FONT></P>
<P ALIGN=LEFT STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><FONT FACE="Times New Roman, serif"><FONT FACE="TimesNewRoman, serif"><B>THIS
EXECUTIVE EMPLOYMENT AGREEMENT</B> (the &ldquo;Agreement&rdquo;) is
made and entered into as of December 1, 2003 (the &ldquo;Effective
Date&rdquo;), between <B>Segmentz, Inc.</B>, a Delaware corporation,
whose principal place of business is 18302 Highwoods Preserve
Parkway, Suite 100, Tampa, Florida 33467 (the &ldquo;Company&rdquo;)
and <B>Brad Kelley</B>, an individual whose address is 745 Mill Ridge
Road Lexington, KY 40514 (the &ldquo;Executive&rdquo;).</FONT></FONT></P>
<P ALIGN=CENTER STYLE="widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">RECITALS</FONT></P>
<P ALIGN=LEFT STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">A.
The Company is a Delaware corporation and is principally engaged in
the business of Third Party Logistics (the &ldquo;Business&rdquo;).</FONT></P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">B.
The Executive has extensive experience in logistics operations and
transportation management.</FONT></P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><BR>
</P>
<P STYLE="text-indent: 1.27cm">C. The Company desires to employ the
Executive and the Executive desires to be employed by the Company.</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">D.
The parties agree that a covenant not to compete is essential to the
growth and stability of the Business of the Company.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><FONT FACE="Times New Roman, serif"><FONT FACE="TimesNewRoman, serif"><B>NOW,
THEREFORE</B>, in consideration of the mutual agreements herein made,
the Company and the Executive do hereby agree as follows:</FONT></FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P STYLE="text-indent: 1.27cm">1. Recitals. The above recitals are
true, correct, and are herein incorporated by reference.</P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">2.
Employment. The Company hereby employs the Executive, and the
Executive hereby accepts employment, upon the terms and conditions
hereinafter set forth.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 2; orphans: 2"><FONT FACE="Times New Roman, serif">3.
Authority and Power During Employment Period.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P CLASS="western" STYLE="text-indent: 2.54cm">a. Duties and
Responsibilities. During the Term (as hereinafter defined) of this
Agreement, the Executive shall serve as Vice President of Operations,
for Dasher Express, Inc. (the &ldquo;Division&rdquo;), and shall
perform such duties as are consistent with Executive's position and
as the Chief Executive Officer and/or the Board of Directors (the
&quot;Board&quot;) of the Company may reasonably direct. The
Executive agrees to observe and comply with the policies, rules and
regulations of the Company and the Division, as adopted by their
respective Boards with reference to the performance of Executive's
duties and agrees to carry out and perform orders, directions and
policies of the Company and the Division as they may be, from time to
time, stated either orally or in writing. For the Term hereof,
Executive shall report directly to the Chief Executive Officer of the
Company or, if there is none, the Chairman of the Board of Directors
of the Company.</P>
<P CLASS="western" STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">b.
Time Devoted. Throughout the term of the Agreement, the Executive
shall devote all of the Executive&rsquo;s business time and attention
to the business and affairs of the Division consistent with the
Executive&rsquo;s position with the Company.</FONT></P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">c.
 Employment Base.  The Executive&rsquo;s employment shall be
permanently based within a fifty (50) mile radius of Fayette County,
Kentucky.  In this regard, Executive shall not be required be away
from such base on temporary assignment more than five (5) nights each
calendar month, without consent of the Executive.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">4.
Term. The Term of employment hereunder shall commence on the
Effective Date shall end on December 31, 2007 (the &ldquo;Term&rdquo;),
unless earlier terminated as provided herein. The Company shall have
the option to extend the Term for an additional one (1) year period
thereafter, upon the same terms and conditions as provided herein,
provided that the Company shall give the Executive thirty (30) days
written notice prior to the expiration of the initial Term of
Company&rsquo;s decision to extend the Term. For purposes of this
Agreement, the Term shall include the initial term and all extensions
thereof, when extended.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">5.
Compensation and Benefits.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; widows: 0; orphans: 0"><FONT FACE="Times New Roman, serif"><FONT FACE="TimesNewRoman, serif">a.
Salary. The Executive shall be paid a base salary (the &ldquo;Base
Salary&rdquo;) at an annual rate of Sixty-Five Thousand Dollars
($65,000.00) beginning on the Effective Date of this Agreement for
the first calendar year of the Term. For each calendar year of the
Term, the amount of the Base Salary shall increase on December 31<FONT SIZE=1 STYLE="font-size: 8pt"><SUP>
</SUP></FONT>by an amount equal to Two Percent (2%) of the amount of
the immediately preceding year&rsquo;s Base Salary, subject to the
following conditions:</FONT></FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="margin-left: 1.27cm; widows: 0; orphans: 0">&bull;<FONT FACE="Times New Roman, serif"><FONT FACE="SymbolMT">
</FONT><FONT FACE="TimesNewRoman, serif">For the 2004 calendar year
the Division must attain $8.0 million in Revenues.</FONT></FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-left: 1.27cm; widows: 0; orphans: 0">&bull;<FONT FACE="Times New Roman, serif"><FONT FACE="SymbolMT">
</FONT><FONT FACE="TimesNewRoman, serif">For the 2005 calendar year
the Division must attain $9.0 million in Revenues.</FONT></FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-left: 1.27cm; widows: 0; orphans: 0">&bull;<FONT FACE="Times New Roman, serif"><FONT FACE="SymbolMT">
</FONT><FONT FACE="TimesNewRoman, serif">For the 2006 calendar year
the Division must attain $10.0 million in Revenues.</FONT></FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">Revenues
shall be as defined in that Stock Purchase Agreement dated December
1, 2003 with the Company and Executive as parties thereto (the &ldquo;Stock
Purchase Agreement&rdquo;). </FONT>
</P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">In
the event that these conditions are not met, the Company may increase
the Base Salary in the Company&rsquo;s discretion.</FONT></P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.38cm; widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.38cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">b.
Additional Compensation. Depending on operations department
performance, Employee may receive additional compensation, in cash,
stock and/or stock options (&ldquo;Additional Compensation&rdquo;).
All Additional Compensation is subject to board approval.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P STYLE="text-indent: 2.54cm">c. Revenues. &ldquo;Revenues&rdquo; as
used herein shall have the same meaning as defined in the Stock
Purchase Agreement of even date. Executive shall have the right at
any time and from time to time during normal business hours at his
sole cost and expense to personally examine or to have agents
appointed by him to examine the books and records of the Division and
the Company&rsquo;s Affiliated Group (as defined in the Stock
Purchase Agreement) to verify the correctness of the computation of
Revenues.</P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.38cm; widows: 2; orphans: 2"><FONT FACE="TimesNewRoman, serif">d.
Stock Options. On the Effective Date, the Company shall grant the
Executive options to purchase One Hundred Thousand (100,000) shares
of stock in the Company at Two Dollars and Fifty Cents ($2.50) per
share (the &ldquo;Stock Options&rdquo;), which shall vest over a
three (3) year period as follows: Twenty Percent (20%) of the Stock
Options shall vest on December 31, 2004; an additional Thirty Percent
(30%) of the Stock Options shall vest on December 31, 2005; and the
remaining Fifty Percent (50%) of the Stock Options shall vest on
December 31, 2006. Each of the Stock Options shall expire three (3)
years from the date each of the Stock Options vested. The Executive
may exercise part or all of the Stock Options when vested by written
notice delivered at the Company's principal place of business.
Delivery of the certificates representing the shares called for under
the Stock Options shall be made promptly after receipt of such
notice, against the payment of the purchase price in cash or check.
In the event that, prior to the delivery by the Company of all the
shares in respect of which the Stock Options is hereby granted, the
Company shall have effected one or more stock splits or
readjustments, stock dividends, or other increases or reductions of
the number of its shares outstanding without receiving compensation
therefor in money, services, or property, the remaining number of
shares still subject to the Stock Options hereby granted shall be
increased or decreased to reflect proportionately the increase or
decrease in the number of shares outstanding, and the purchase price
per share shall be decreased or increased, as the case may be, in the
same proportion. If the Executive&rsquo;s employment is terminated
before the expiration of the Term, for whatever cause, such
termination shall not affect the right to exercise any portion of the
Stock Options theretofore vested in the Executive.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.38cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">e.
Executive Benefits. The Executive shall be entitled to participate in
all benefit programs of the Company currently existing or hereafter
made available to comparable executives. The Company will provide an
automobile reimbursement allowance of up to Eight Hundred Dollars
($800), payable monthly, to reimburse Executive for expenses incurred
for automobile, insurance and related costs. The Company will provide
health or major medical insurance to the Executive and members of his
immediate family in accordance with the Company's policies. The
Executive will be entitled to participate in any disability, life or
accident insurance plans which the Company may have in effect from
time to time for the benefit of its employees. During the Term, the
Company will make any required contributions on behalf of Executive
to the Company's profit-sharing plan, which is treated as a qualified
retirement p1an by the Internal Revenue Service. Executive's rights
to benefits thereunder will be governed by the terms and conditions
of the Company&rsquo;s profit-sharing plan. All benefits referred to
in this paragraph shall be referred to herein as &ldquo;Executive
Benefits.&rdquo;</FONT></P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">f.
Vacation. During each calendar year of the Term of this Agreement,
the Executive shall be entitled to three (3) weeks of paid time off
(PTO), Subject to proration or reduction for any partial calendar
years of the Term.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">g.
Business Expense Reimbursement. During the Term, the Executive shall
be entitled to receive full reimbursement for all reasonable, out-of-
pocket expenses incurred by the Executive (in accordance with the
policies and procedures established by the Company for its senior
executive officers) in performing services hereunder, including,
without limitation, the mileage expenses for the Executive&rsquo;s
usage of a personal automobile for business purposes, and his mobile
telephone expenses, provided the Executive accounts therefor in
accordance with the Company&rsquo;s written reimbursement policies
and procedures established for its senior executive officers.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">6.
Termination.</FONT></P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">a.
Death. In the event of the death of the Executive during the Term,
this Agreement shall terminate at the end of the month in which the
Executive&rsquo;s death occurs. The Company shall pay the Executive&rsquo;s
Base Salary, Bonus, vacation pay, and Business Expense Reimbursement
accrued to the date of termination within ten (10) days of the date
of termination to the Executive&rsquo;s designated beneficiary, or,
in the absence of such designation, to the estate or other legal
representative of the Executive. Other death benefits will be
provided in accordance with the terms of the Company&rsquo;s benefit
programs and plans. The Executive&rsquo;s dependents shall be
entitled to obtain benefits pursuant to the Consolidated Omnibus
Budget Reconciliation Act of 1985, as amended (&ldquo;COBRA&rdquo;),
for a period of eighteen (18) months from the date of termination or
until the expiration of the Term, whichever occurs first.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.38cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">b.
Disability. In the event of Executive&rsquo;s Disability (as defined
herein), the Company may terminate this Agreement upon thirty (30)
days prior written notice to the Executive.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">(1)
In the event of termination due to the Executive&rsquo;s Disability,
the Company shall pay the Executive&rsquo;s Base Salary, Bonus,
vacation pay, and Business Expense Reimbursement accrued to the date
of termination and the Executive shall be entitled to compensation in
accordance with the Company&rsquo;s disability compensation practice
for senior executives, including any separate arrangement or policy
covering the Executive. Notwithstanding any provision herein to the
contrary, but in all events of termination due to Disability the
Executive shall continue to receive the Executive&rsquo;s Base Salary
at the annual rate in effect immediately prior to commencement of
Disability, and Executive Benefits, for a period of thirty (30) days
from the date of termination due to Disability. Any amounts payable
to Executive under this Section 6(b) shall be offset by other
long-term disability benefits received by the Executive from the
Company.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">(2)
&ldquo;Disability,&rdquo; for the purposes of this Agreement, shall
be deemed to have occurred when (A) the Executive is unable by reason
of physical or mental illness, incapacity or injury to perform the
Executive&rsquo;s usual duties under this Agreement for more than
forty-five (45) consecutive days and the period of the Disability is
reasonably anticipated to exceed six (6) consecutive months in
duration, or (B) a court of competent jurisdiction has adjudged the
Executive mentally incapacitated and has appointed a guardian of the
person or estate of the Executive.</FONT></P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm; widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">(3)
Anything herein to the contrary notwithstanding, if, following a
termination of this Agreement due to Disability, the Executive
becomes reemployed, whether as an Executive or a consultant to the
Company, any salary, annual incentive payments or other benefits
earned by the Executive from such reemployment shall offset any
salary continuation due to the Executive hereunder commencing with
the date of re-employment.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">c.
Termination by the Company for Cause.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">(1)
The Company may terminate this Agreement for &quot;Cause,&quot; as
hereinafter defined.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">(2)
&ldquo;Cause&rdquo; shall mean and include those actions or events
specified below in subsections (A) through (E) occurring, or taking
place subsequent to the Effective Date of this Agreement: (A)
Executive&rsquo;s fraud, willful misconduct or embezzlement against
the Company; (B) Executive&rsquo;s conviction of a crime of moral
turpitude; (C) Executive&rsquo;s conviction of a felony under the
laws of the United States or any state thereof; (D) any assignment of
this Agreement by the Executive in violation of Section 14 of this
Agreement; or (E) Executive&rsquo;s grossly negligent or willful
failure to discharge his duties under this Agreement. No actions,
events or circumstances occurring or taking place at any time prior
to the Effective Date shall in any event constitute or provide any
basis for any termination of this Agreement for Cause.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">(3)
Notwithstanding any provision to the contrary contained herein, the
Company shall not terminate this Agreement for Cause unless and until
the Company notifies the Executive in writing that the Executive has
committed the conduct constituting Cause as set forth in Section
6(c)(2)(A) through (E) hereof, describing the particulars thereof,
and gives the Executive a ten (10) day period to cure such conduct,
if possible. If it is not possible for Executive to cure prior
conduct constituting Cause pursuant to Section 6(c)(2)(E) hereof, the
Company may terminate this Agreement for Cause in its discretion.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">(4)
Upon termination of this Agreement for Cause, the Company shall pay
the Executive the Base Salary, Bonus, and Business Expense
Reimbursement and vacation pay accrued to the effective date of the
Executive&rsquo;s termination.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">
</FONT><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; widows: 0; orphans: 0"><FONT FACE="Times New Roman, serif"><FONT FACE="TimesNewRoman, serif">d.
Termination by the Company Other than for Cause. The foregoing
notwithstanding, the Company may terminate the Executive&rsquo;s
employment for whatever reason it deems appropriate; provided,
however, that the reason is not illegal or discriminatory. In the
event such termination is not for Cause, as provided in Section 6(c)
above, the Company may terminate this Agreement upon giving three (3)
months&rsquo; prior written notice. Upon the effective date of
termination, the Company shall pay the Executive the Base Salary,
Bonus, vacation pay, and Business Expense Reimbursement accrued to
the date of termination. Notwithstanding any provision herein to the
contrary, after the date of termination, the Company shall pay
severance benefits to the Executive by continuing to compensate the
Executive, following the effective date of termination, in accordance
with the provisions of this Agreement for one year following the
effective date of termination, with the Base Salary and Executive
Benefits, and the Stock Options shall vest, all in the same manner
and to the same extent as if this Agreement was not terminated.</FONT></FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">e.
Voluntary Termination by Executive. Notwithstanding any provision
herein to the contrary, the Executive may terminate this Agreement
without cause. In the event the Executive terminates this Agreement
(except as provided in Section 6(f) and/or Section 6(g) hereof) prior
to the expiration of the Term, the Company shall pay the Executive
the Base Salary, Bonus, Automobile Allowance, Business Expense
Reimbursement and vacation pay accrued to the effective date of the
Executive&rsquo;s voluntary termination.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">f.
Termination by the Executive for Good Reason.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">(1)
The Executive may terminate this Agreement for &quot;Good Reason,&quot;
as hereinafter defined.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">(2)
&quot;Good Reason,&quot; shall mean and include those actions or
events specified below in subsections (A) through (C) occurring, or
taking place subsequent to the Effective Date of this Agreement: (A)
the Company&rsquo;s permanent or long term assignment of Executive to
any duties that are materially and adversely inconsistent with the
Executive&rsquo;s offices, duties or responsibilities in Executive&rsquo;s
position; (B) the Company&rsquo;s breach of its obligation to pay any
compensation due under Section 5 of this Agreement; or (C) the
Company&rsquo;s relocation of Executive&rsquo;s position from more
than One Hundred (50) miles Fayette County, Kentucky</FONT></P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm; widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">(3)
Notwithstanding anything to the contrary contained herein, the
Executive shall not terminate this Agreement for Good Reason unless
and until the Executive notifies the Company in writing that the
Company has committed the conduct constituting Good Reason as set
forth in Section 6(f)(2)(A) through (D) hereof and describes the
particulars thereof and gives the Company a ten (10) day period to
cure such conduct, if possible.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">(4)
Upon the effective date of termination for Good Reason, the Company
shall pay the Executive the Base Salary, Bonus, vacation pay, and
Business</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">Expense
Reimbursement accrued to the date of termination. Notwithstanding any
provision herein to the contrary, after the date of termination, the
Company shall pay severance benefits to the Executive by continuing
to compensate the Executive in accordance with the provisions of this
Agreement for one (1) year following the effective date of
termination, with the Base Salary and Executive Benefits, and the
Stock Options shall vest, all in the same manner and to the same
extent as if this Agreement was not terminated.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">7.
Covenant Not to Compete and Non-Disclosure of Information.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">a.
Covenant Not to Compete. The Executive acknowledges and recognizes
the highly competitive nature of the Company&rsquo;s business and the
goodwill, continued patronage, and specifically the names and
addresses of the Company&rsquo;s Clients (as hereinafter defined)
constitute a substantial asset of the Company having been acquired
through considerable time, money and effort. Accordingly, in
consideration of the execution of this Agreement, in the event the
Executive&rsquo;s employment is terminated by reason of Disability
pursuant to Section 6(b) or for Cause pursuant to Section 6(c), then
the Executive agrees to the following:</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">(1)
That during the Restricted Period (as hereinafter defined) and within
the Restricted Area (as hereinafter defined), the Executive will not,
individually or in conjunction with others, directly or indirectly,
engage in any Competitive Business Activities (as hereinafter
defined), whether as an officer, director, proprietor, employer,
partner, independent contractor, investor (other than as a holder
solely as an investment of less than 1 % of the outstanding capital
stock of a publicly traded corporation other than the Company),
consultant, advisor or agent.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">(2)
That during the Restricted Period and within the Restricted Area, the
Executive will not, directly or indirectly, compete with the Company
by soliciting, inducing or influencing any of the Company&rsquo;s
Clients which have an active business relationship with the Company
at the time during the Restricted Period to discontinue or reduce the
extent of such relationship with the Company.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.38cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">b.
Non-Disclosure of Information. In the event this Agreement has been
terminated pursuant to either Section 6(b) or Section 6(c) hereof,
Executive agrees that, during the Restricted Period, Executive will
not use or disclose any Proprietary Information of the Company for
the Executive&rsquo;s own purposes or for the benefit of any entity
engaged in Competitive Business Activities. As used herein, the term
&ldquo;Proprietary Information&rdquo; shall mean trade secrets or
confidential proprietary information of the Company, which are
material to the conduct of the business of the Company. No
information can be considered Proprietary Information unless the same
is a unique process or method material to the conduct of Company&rsquo;s
Business, or is a customer list or similar list of persons engaged in
business activities with Company. No information can be considered
Proprietary Information if the same is in the public domain or is
required to be disclosed by order of any court or by reason of any
statute, law, rule, regulation, ordinance or other governmental
requirement. Executive further agrees that in the event his
employment is terminated pursuant to Sections 6(b) or 6(c) above, all
Documents in his possession at the time of his termination shall be
returned to the Company at the Company&rsquo;s business location
where the Executive was employed.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">c.
Documents. &ldquo;Documents&rdquo; shall mean all original written,
recorded, or graphic matters that contain the Company&rsquo;s
Proprietary Information, and any and all copies thereof, including,
but not limited to: papers; books; records; tangible things;
correspondence; communications; telex messages; memoranda;
work-papers; reports; affidavits; statements; summaries; analyses;
evaluations; client records and information; agreements; agendas;
advertisements; instructions; charges; manuals; brochures;
publications; directories; industry lists; schedules; price lists;
client lists; statistical records; training manuals; computer
printouts; books of account, records and invoices reflecting business
operations; all things similar to any of the foregoing however
denominated. In all cases where originals are not available, the term
&quot;Documents&quot; shall also mean identical copies of original
documents or non-identical copies thereof.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P STYLE="text-indent: 2.54cm">d. Company&rsquo;s Clients. The
&ldquo;Company&rsquo;s Clients&rdquo; shall be deemed to be any
partnerships, corporations, professional associations or other
business organizations for whom the Company then performs Competitive
Business Activities.</P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; widows: 0; orphans: 0"><FONT FACE="Times New Roman, serif"><FONT FACE="TimesNewRoman, serif">e<FONT COLOR="#ff0000">.
</FONT>Restrictive Period. The &ldquo;Restrictive Period&rdquo; shall
be deemed to be twelve (12) months following the effective date of
termination of this Agreement pursuant to Sections 6(b) or 6(c) of
this Agreement.</FONT></FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">f.
Restrictive Area. The &ldquo;Restrictive Area&rdquo; shall be deemed
to include the states of Kentucky, Ohio, North Carolina and Illinois.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">g.
Competitive Business Activities. The term &ldquo;Competitive Business
Activities&rdquo; as used herein shall be deemed to mean the Business
and Third Party Logistics.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">h.
Covenants as Essential Elements of this Agreement. It is understood
by and between the parties hereto that the foregoing covenants
contained in Sections 7(a) and (b) are essential elements of this
Agreement, and that but for the agreement by the Executive to comply
with such covenants, the Company would not have agreed to enter into
this Agreement.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.38cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">i.
Survival After Termination of Agreement. Notwithstanding anything to
the contrary contained in this Agreement, the covenants in Sections
7(a) and (b) shall survive the termination of this Agreement and the
Executive&rsquo;s employment with the Company.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">j.
Remedies.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">(1)
The Executive acknowledges and agrees that the Company&rsquo;s remedy
at law for a breach or threatened breach of any of the provisions of
Section 7(a) or (b) herein would be inadequate and a breach thereof
may cause irreparable harm to the Company. In recognition of this
fact, in the event of a breach by the Executive of any of the
provisions of Section 7(a) or (b), the Executive agrees that, in
addition to any remedy at law available to the Company, including,
but not limited to monetary damages, the Company may request
equitable relief in the form of specific performance, temporary
restraining order, temporary or permanent injunction or any other
equitable remedy which may then be available to the Company.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">(2)
Nothing herein contained shall be construed as prohibiting the</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">Company
from pursuing any other remedies available to it for such breach or
threatened breach.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">8.
Indemnification.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">a.
The Company shall defend, indemnify and hold Executive harmless from
and against any and all expenses, including attorneys&rsquo; fees and
court costs, judgments, fines, settlements, and other amounts
actually and reasonably incurred in connection with any claim,
demand, lawsuit or proceeding arising by reason of Executive&rsquo;s
employment by the Company hereunder, with respect to matters
occurring at any time on or prior to the date of termination of the
Executive&rsquo;s employment with the Company, to the maximum extent
permitted by the provisions of Florida and Federal law and the
Articles of Incorporation and Bylaws of the Company then in effect.
The Company shall advance to Executive any expenses incurred in
defending any proceeding to the fullest extent permitted by the
Company&rsquo;s Articles of Incorporation and Florida law. The
Company will use its reasonable best efforts to cause Executive to be
covered under any Director and Officer liability policy maintained by
the Company for which he is eligible under standard provisions and
exclusions.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">b.
The Company specifically acknowledges and agrees that the Executive
has personally guaranteed certain obligations on behalf of the Dasher
Expedited Freight</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">Division
of the Company (the &ldquo;Obligations&rdquo;) and further that the
Executive is personally liable for certain obligations of the Dasher
Expedited Freight Division of the Company. The Company shall defend,
indemnify and hold the Executive harmless from and against any and
all expenses, including attorneys&rsquo; fees and court costs,
judgments, fines, settlements, and other amounts actually and
reasonably incurred in connection with any claim, demand, lawsuit or
proceeding arising in connection with such personal guaranties,
personal liabilities, or the Obligations. Any out-of-pocket costs or
expenses that may be incurred by the Executive in connection with
such personal guaranties, personal liabilities, or the obligations
shall be reimbursed to the Executive, upon receipt by the Company of
documented evidence of such costs or expenses, within three (3)
business days of the receipt of such documented evidence.
Notwithstanding the foregoing, the Company shall satisfy any judgment
entered against the Executive in connection with such personal
guaranties, personal liabilities, or the obligations within three (3)
days of receipt of notice of any such judgment entered against the
Executive. The Company shall use its reasonable best efforts to cause
the transfer or assignment of the Executive&rsquo;s personal
guaranties, personal liabilities, or the Obligations from the
Executive and to the Company and the Company shall pay the
Obligations on or before June 30, 2004, except where such payment
shall result in penalties, in which case the Company shall attempt to
take-over any obligations pursuant to such Obligations, absent either
ability to take-over or repay, the Company shall make all payments in
accordance with terms and provisions to term of Obligations.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">9.
Withholding. Anything to the contrary notwithstanding, all payments
required to be made by the Company hereunder to the Executive or the
Executive&rsquo;s estate or beneficiaries shall be subject to the
withholding of such amounts, if any, relating to tax and other
payroll deductions as the Company may reasonably determine it should
withhold pursuant to any applicable law or regulation. In lieu of
withholding such amounts, the Company may accept other arrangements
pursuant to which it is satisfied that such tax and other payroll
obligations will be satisfied in a manner complying with applicable
law or regulation.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">10.
Notices. Any notice required or permitted to be given under the terms
of this Agreement shall be sufficient if in writing and if sent
postage prepaid by registered or certified mail, return receipt
requested; by overnight delivery; by courier; or by confirmed
telecopy, in the case of the Executive to the Executive&rsquo;s last
place of business or residence as shown on the records of the
Company, or in the case of the Company to its principal office as set
forth in the first paragraph of this Agreement, or at such other
place as it may designate.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">11.
Waiver. Unless agreed in writing, the failure of either party, at any
time, to require performance by the other of any provisions hereunder
shall not affect its right thereafter to enforce the same, nor shall
a waiver by either party of any breach of any provision hereof be
taken or held to be a waiver of any other preceding or succeeding
breach of any term or provision of this Agreement. No extension of
time for the performance of any obligation or act shall be deemed to
be an extension of time for the performance of any other obligation
or act hereunder.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">12.
Completeness and Modification. This Agreement constitutes the entire
understanding between the parties hereto superseding all prior and
contemporaneous agreements or understandings among the parties hereto
concerning the Employment Agreement. This Agreement may be amended,
modified, superseded or canceled, and any of the terms, covenants,
representations, warranties or conditions hereof may be waived, only
by a written instrument executed by the parties or, in the case of a
waiver, by the party to be charged.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">13.
Counterparts. This Agreement may be executed in two or more
counterparts, each of which shall be deemed an original but all of
which shall constitute but one agreement.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">14.
Binding Effect/Assignment. This Agreement shall be binding upon and
inure to the benefit of the parties hereto, their heirs, legal
representatives, successors and assigns. This Agreement shall not be
assignable by the Executive but shall be assignable by the Company in
connection with the sale, transfer or other disposition of its
business or to any of the Company&rsquo;s affiliates controlled by or
under common control with the Company, subject to the provisions of
Section 6(g) hereof. Upon any merger, asset sale or change in control
of the Company, the surviving entity or successor to the business of
the Company shall expressly assume its obligations hereunder.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">	</FONT></P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">15.
Governing Law. This Agreement shall become valid when executed and
accepted by Company and the Executive. The parties agree that it
shall be deemed made and entered into in the State of Florida and
shall be governed and construed under and in accordance with the laws
of the State of Florida. Anything in this Agreement to the contrary
notwithstanding, the parties shall conduct their respective business
in a lawful manner and faithfully comply with applicable laws or
regulations of the state, city or other political subdivision in
which the respective parties are located.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">16.
Further Assurances. All parties hereto shall execute and deliver such
other instruments and do such other acts as may be necessary to carry
out the intent and purposes of this Agreement.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">17.
Headings. The headings of the sections are for convenience only and
shall not control or affect the meaning or construction or limit the
scope or intent of any of the provisions of this Agreement.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">18.
Survival. Any termination of this Agreement shall not, however,
affect the ongoing provisions of this Agreement which shall survive
such termination in accordance with their terms, including without
limitation Sections 6 and 8 hereof and all express post-termination
benefit provisions hereof.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">19.
Severability. The invalidity or unenforceability, in whole or in
part, of any covenant, promise or undertaking, or any section,
subsection, paragraph, sentence, clause, phrase or word or of any
provision of this Agreement shall not affect the validity or
enforceability of the remaining portions thereof.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">20.
Enforcement. Should it become necessary for any party to institute
legal action to enforce the terms and conditions of this Agreement,
the successful party will be awarded reasonable attorneys&rsquo; fees
at all trial and appellate levels, expenses and costs.</FONT></P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">21.
Venue. Company and Executive acknowledge and agree that the U.S.
District Court for the Southern District of Florida, or if such court
lacks jurisdiction, the 11th Judicial Circuit (or its successor) in
and for Miami-Dade County, Florida, shall be the exclusive venue and
exclusive proper forum in which to adjudicate any case or controversy
arising either, directly or indirectly, under or in connection with
this Agreement and the parties further agree that, in the event of
litigation arising out of or in connection with this Agreement in
these courts, they will not contest or challenge the jurisdiction or
venue of these courts.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">22.
Construction. This Agreement shall be construed within the fair
meaning of each of its terms and not against the party drafting the
document.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">THE
EXECUTIVE ACKNOWLEDGES THAT HE HAS READ THIS ENTIRE AGREEMENT, HAS
HAD THE OPPORTUNITY TO DISCUSS THIS WITH HIS COUNSEL AND FURTHER
ACKNOWLEDGES THAT HE UNDERSTANDS THE RESTRICTIONS, TERMS AND
CONDITIONS IMPOSED UPON THE EXECUTIVE BY THIS AGREEMENT AND
UNDERSTANDS THAT THESE RESTRICTIONS, TERMS AND CONDITIONS MAY BE
BINDING UPON THE EXECUTIVE DURING AND AFTER TERMINATION OF THE
EMPLOYMENT OF THE EXECUTIVE.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">IN
WITNESS WHEREOF, the parties have executed this Agreement as of date
set forth in the first paragraph of this Agreement.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">The
Company:</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">SEGMENTZ,
INC.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">By:
__________________________		Witness:________________________</FONT></P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">John
S. Flynn</FONT></P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">President
&amp; Chief Financial Officer</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">Brad
Kelley:</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">__________________________
		Witness:________________________</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">Brad
Kelley</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<DIV TYPE=FOOTER>
	<P ALIGN=CENTER STYLE="margin-top: 0.87cm; widows: 2; orphans: 2">12</P>
</DIV>
</BODY>
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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-3
<SEQUENCE>5
<FILENAME>wisemanemployment.htm
<TEXT>
<HTML>
<HEAD>
	<TITLE>Wiseman Employment</TITLE>

</HEAD>
<BODY LANG="en-US" TEXT="#000000">
<P ALIGN=CENTER><FONT FACE="TimesNewRoman,Bold, serif"><B>EXECUTIVE
EMPLOYMENT AGREEMENT</B></FONT></P>
<P ALIGN=LEFT STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><FONT FACE="Times New Roman, serif"><FONT FACE="TimesNewRoman, serif"><B>THIS
EXECUTIVE EMPLOYMENT AGREEMENT</B> (the &ldquo;Agreement&rdquo;) is
made and entered into as of December 1, 2003 (the &ldquo;Effective
Date&rdquo;), between <B>Segmentz, Inc.</B>, a Delaware corporation,
whose principal place of business is 18302 Highwoods Preserve
Parkway, Suite 100, Tampa, Florida 33467 (the &ldquo;Company&rdquo;)
and <B>Jeff Wiseman</B>, an individual whose address is 223 Glendover
Road, Lexington, KY 40503 (the &ldquo;Executive&rdquo;).</FONT></FONT></P>
<P ALIGN=CENTER STYLE="widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">RECITALS</FONT></P>
<P ALIGN=LEFT STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">A.
The Company is a Delaware corporation and is principally engaged in
the business of Third Party Logistics (the &ldquo;Business&rdquo;).</FONT></P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">B.
The Executive has extensive experience in logistics operations and
transportation management.</FONT></P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><BR>
</P>
<P STYLE="text-indent: 1.27cm">C. The Company desires to employ the
Executive and the Executive desires to be employed by the Company.</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">D.
The parties agree that a covenant not to compete is essential to the
growth and stability of the Business of the Company.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><FONT FACE="Times New Roman, serif"><FONT FACE="TimesNewRoman, serif"><B>NOW,
THEREFORE</B>, in consideration of the mutual agreements herein made,
the Company and the Executive do hereby agree as follows:</FONT></FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P STYLE="text-indent: 1.27cm">1. Recitals. The above recitals are
true, correct, and are herein incorporated by reference.</P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">2.
Employment. The Company hereby employs the Executive, and the
Executive hereby accepts employment, upon the terms and conditions
hereinafter set forth.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 2; orphans: 2"><FONT FACE="Times New Roman, serif">3.
Authority and Power During Employment Period.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P CLASS="western" STYLE="text-indent: 2.54cm">a. Duties and
Responsibilities. During the Term (as hereinafter defined) of this
Agreement, the Executive shall serve as Vice President of Operations,
for Dasher Express, Inc. (the &ldquo;Division&rdquo;), and shall
perform such duties as are consistent with Executive's position and
as the Chief Executive Officer and/or the Board of Directors (the
&quot;Board&quot;) of the Company may reasonably direct. The
Executive agrees to observe and comply with the policies, rules and
regulations of the Company and the Division, as adopted by their
respective Boards with reference to the performance of Executive's
duties and agrees to carry out and perform orders, directions and
policies of the Company and the Division as they may be, from time to
time, stated either orally or in writing. For the Term hereof,
Executive shall report directly to the Chief Executive Officer of the
Company or, if there is none, the Chairman of the Board of Directors
of the Company.</P>
<P CLASS="western" STYLE="text-indent: 2.54cm"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">b.
Time Devoted. Throughout the term of the Agreement, the Executive
shall devote all of the Executive&rsquo;s business time and attention
to the business and affairs of the Division consistent with the
Executive&rsquo;s position with the Company.</FONT></P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">c.
 Employment Base.  The Executive&rsquo;s employment shall be
permanently based within a fifty (50) mile radius of Fayette County,
Kentucky.  In this regard, Executive shall not be required be away
from such base on temporary assignment more than five (5) nights each
calendar month, without consent of the Executive.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">4.
Term. The Term of employment hereunder shall commence on the
Effective Date shall end on December 31, 2007 (the &ldquo;Term&rdquo;),
unless earlier terminated as provided herein. The Company shall have
the option to extend the Term for an additional one (1) year period
thereafter, upon the same terms and conditions as provided herein,
provided that the Company shall give the Executive thirty (30) days
written notice prior to the expiration of the initial Term of
Company&rsquo;s decision to extend the Term. For purposes of this
Agreement, the Term shall include the initial term and all extensions
thereof, when extended.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">5.
Compensation and Benefits.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; widows: 0; orphans: 0"><FONT FACE="Times New Roman, serif"><FONT FACE="TimesNewRoman, serif">a.
Salary. The Executive shall be paid a base salary (the &ldquo;Base
Salary&rdquo;) at an annual rate of Sixty-Five Thousand Dollars
($65,000.00) beginning on the Effective Date of this Agreement for
the first calendar year of the Term. For each calendar year of the
Term, the amount of the Base Salary shall increase on December 31<FONT SIZE=1 STYLE="font-size: 8pt"><SUP>
</SUP></FONT>by an amount equal to Two Percent (2%) of the amount of
the immediately preceding year&rsquo;s Base Salary, subject to the
following conditions:</FONT></FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="margin-left: 1.27cm; widows: 0; orphans: 0">&bull;<FONT FACE="Times New Roman, serif"><FONT FACE="SymbolMT">
</FONT><FONT FACE="TimesNewRoman, serif">For the 2004 calendar year
the Division must attain $8.0 million in Revenues.</FONT></FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-left: 1.27cm; widows: 0; orphans: 0">&bull;<FONT FACE="Times New Roman, serif"><FONT FACE="SymbolMT">
</FONT><FONT FACE="TimesNewRoman, serif">For the 2005 calendar year
the Division must attain $9.0 million in Revenues.</FONT></FONT></P>
<P ALIGN=JUSTIFY STYLE="margin-left: 1.27cm; widows: 0; orphans: 0">&bull;<FONT FACE="Times New Roman, serif"><FONT FACE="SymbolMT">
</FONT><FONT FACE="TimesNewRoman, serif">For the 2006 calendar year
the Division must attain $10.0 million in Revenues.</FONT></FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">Revenues
shall be as defined in that Stock Purchase Agreement dated December
1, 2003 with the Company and Executive as parties thereto (the &ldquo;Stock
Purchase Agreement&rdquo;). </FONT>
</P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">In
the event that these conditions are not met, the Company may increase
the Base Salary in the Company&rsquo;s discretion.</FONT></P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.38cm; widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.38cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">b.
Additional Compensation. Depending on operations department
performance, Employee may receive additional compensation, in cash,
stock and/or stock options (&ldquo;Additional Compensation&rdquo;).
All Additional Compensation is subject to board approval.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P STYLE="text-indent: 2.54cm">c. Revenues. &ldquo;Revenues&rdquo; as
used herein shall have the same meaning as defined in the Stock
Purchase Agreement of even date. Executive shall have the right at
any time and from time to time during normal business hours at his
sole cost and expense to personally examine or to have agents
appointed by him to examine the books and records of the Division and
the Company&rsquo;s Affiliated Group (as defined in the Stock
Purchase Agreement) to verify the correctness of the computation of
Revenues.</P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.38cm; widows: 2; orphans: 2"><FONT FACE="TimesNewRoman, serif">d.
Stock Options. On the Effective Date, the Company shall grant the
Executive options to purchase One Hundred Thousand (100,000) shares
of stock in the Company at Two Dollars and Fifty Cents ($2.50) per
share (the &ldquo;Stock Options&rdquo;), which shall vest over a
three (3) year period as follows: Twenty Percent (20%) of the Stock
Options shall vest on December 31, 2004; an additional Thirty Percent
(30%) of the Stock Options shall vest on December 31, 2005; and the
remaining Fifty Percent (50%) of the Stock Options shall vest on
December 31, 2006. Each of the Stock Options shall expire three (3)
years from the date each of the Stock Options vested. The Executive
may exercise part or all of the Stock Options when vested by written
notice delivered at the Company's principal place of business.
Delivery of the certificates representing the shares called for under
the Stock Options shall be made promptly after receipt of such
notice, against the payment of the purchase price in cash or check.
In the event that, prior to the delivery by the Company of all the
shares in respect of which the Stock Options is hereby granted, the
Company shall have effected one or more stock splits or
readjustments, stock dividends, or other increases or reductions of
the number of its shares outstanding without receiving compensation
therefor in money, services, or property, the remaining number of
shares still subject to the Stock Options hereby granted shall be
increased or decreased to reflect proportionately the increase or
decrease in the number of shares outstanding, and the purchase price
per share shall be decreased or increased, as the case may be, in the
same proportion. If the Executive&rsquo;s employment is terminated
before the expiration of the Term, for whatever cause, such
termination shall not affect the right to exercise any portion of the
Stock Options theretofore vested in the Executive.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.38cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">e.
Executive Benefits. The Executive shall be entitled to participate in
all benefit programs of the Company currently existing or hereafter
made available to comparable executives. The Company will provide an
automobile reimbursement allowance of up to Eight Hundred Dollars
($800), payable monthly, to reimburse Executive for expenses incurred
for automobile, insurance and related costs. The Company will provide
health or major medical insurance to the Executive and members of his
immediate family in accordance with the Company's policies. The
Executive will be entitled to participate in any disability, life or
accident insurance plans which the Company may have in effect from
time to time for the benefit of its employees. During the Term, the
Company will make any required contributions on behalf of Executive
to the Company's profit-sharing plan, which is treated as a qualified
retirement p1an by the Internal Revenue Service. Executive's rights
to benefits thereunder will be governed by the terms and conditions
of the Company&rsquo;s profit-sharing plan. All benefits referred to
in this paragraph shall be referred to herein as &ldquo;Executive
Benefits.&rdquo;</FONT></P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">f.
Vacation. During each calendar year of the Term of this Agreement,
the Executive shall be entitled to three (3) weeks of paid time off
(PTO), Subject to proration or reduction for any partial calendar
years of the Term.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">g.
Business Expense Reimbursement. During the Term, the Executive shall
be entitled to receive full reimbursement for all reasonable, out-of-
pocket expenses incurred by the Executive (in accordance with the
policies and procedures established by the Company for its senior
executive officers) in performing services hereunder, including,
without limitation, the mileage expenses for the Executive&rsquo;s
usage of a personal automobile for business purposes, and his mobile
telephone expenses, provided the Executive accounts therefor in
accordance with the Company&rsquo;s written reimbursement policies
and procedures established for its senior executive officers.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">6.
Termination.</FONT></P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">a.
Death. In the event of the death of the Executive during the Term,
this Agreement shall terminate at the end of the month in which the
Executive&rsquo;s death occurs. The Company shall pay the Executive&rsquo;s
Base Salary, Bonus, vacation pay, and Business Expense Reimbursement
accrued to the date of termination within ten (10) days of the date
of termination to the Executive&rsquo;s designated beneficiary, or,
in the absence of such designation, to the estate or other legal
representative of the Executive. Other death benefits will be
provided in accordance with the terms of the Company&rsquo;s benefit
programs and plans. The Executive&rsquo;s dependents shall be
entitled to obtain benefits pursuant to the Consolidated Omnibus
Budget Reconciliation Act of 1985, as amended (&ldquo;COBRA&rdquo;),
for a period of eighteen (18) months from the date of termination or
until the expiration of the Term, whichever occurs first.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.38cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">b.
Disability. In the event of Executive&rsquo;s Disability (as defined
herein), the Company may terminate this Agreement upon thirty (30)
days prior written notice to the Executive.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">(1)
In the event of termination due to the Executive&rsquo;s Disability,
the Company shall pay the Executive&rsquo;s Base Salary, Bonus,
vacation pay, and Business Expense Reimbursement accrued to the date
of termination and the Executive shall be entitled to compensation in
accordance with the Company&rsquo;s disability compensation practice
for senior executives, including any separate arrangement or policy
covering the Executive. Notwithstanding any provision herein to the
contrary, but in all events of termination due to Disability the
Executive shall continue to receive the Executive&rsquo;s Base Salary
at the annual rate in effect immediately prior to commencement of
Disability, and Executive Benefits, for a period of thirty (30) days
from the date of termination due to Disability. Any amounts payable
to Executive under this Section 6(b) shall be offset by other
long-term disability benefits received by the Executive from the
Company.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">(2)
&ldquo;Disability,&rdquo; for the purposes of this Agreement, shall
be deemed to have occurred when (A) the Executive is unable by reason
of physical or mental illness, incapacity or injury to perform the
Executive&rsquo;s usual duties under this Agreement for more than
forty-five (45) consecutive days and the period of the Disability is
reasonably anticipated to exceed six (6) consecutive months in
duration, or (B) a court of competent jurisdiction has adjudged the
Executive mentally incapacitated and has appointed a guardian of the
person or estate of the Executive.</FONT></P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm; widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">(3)
Anything herein to the contrary notwithstanding, if, following a
termination of this Agreement due to Disability, the Executive
becomes reemployed, whether as an Executive or a consultant to the
Company, any salary, annual incentive payments or other benefits
earned by the Executive from such reemployment shall offset any
salary continuation due to the Executive hereunder commencing with
the date of re-employment.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">c.
Termination by the Company for Cause.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">(1)
The Company may terminate this Agreement for &quot;Cause,&quot; as
hereinafter defined.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">(2)
&ldquo;Cause&rdquo; shall mean and include those actions or events
specified below in subsections (A) through (E) occurring, or taking
place subsequent to the Effective Date of this Agreement: (A)
Executive&rsquo;s fraud, willful misconduct or embezzlement against
the Company; (B) Executive&rsquo;s conviction of a crime of moral
turpitude; (C) Executive&rsquo;s conviction of a felony under the
laws of the United States or any state thereof; (D) any assignment of
this Agreement by the Executive in violation of Section 14 of this
Agreement; or (E) Executive&rsquo;s grossly negligent or willful
failure to discharge his duties under this Agreement. No actions,
events or circumstances occurring or taking place at any time prior
to the Effective Date shall in any event constitute or provide any
basis for any termination of this Agreement for Cause.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">(3)
Notwithstanding any provision to the contrary contained herein, the
Company shall not terminate this Agreement for Cause unless and until
the Company notifies the Executive in writing that the Executive has
committed the conduct constituting Cause as set forth in Section
6(c)(2)(A) through (E) hereof, describing the particulars thereof,
and gives the Executive a ten (10) day period to cure such conduct,
if possible. If it is not possible for Executive to cure prior
conduct constituting Cause pursuant to Section 6(c)(2)(E) hereof, the
Company may terminate this Agreement for Cause in its discretion.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">(4)
Upon termination of this Agreement for Cause, the Company shall pay
the Executive the Base Salary, Bonus, and Business Expense
Reimbursement and vacation pay accrued to the effective date of the
Executive&rsquo;s termination.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">
</FONT><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; widows: 0; orphans: 0"><FONT FACE="Times New Roman, serif"><FONT FACE="TimesNewRoman, serif">d.
Termination by the Company Other than for Cause. The foregoing
notwithstanding, the Company may terminate the Executive&rsquo;s
employment for whatever reason it deems appropriate; provided,
however, that the reason is not illegal or discriminatory. In the
event such termination is not for Cause, as provided in Section 6(c)
above, the Company may terminate this Agreement upon giving three (3)
months&rsquo; prior written notice. Upon the effective date of
termination, the Company shall pay the Executive the Base Salary,
Bonus, vacation pay, and Business Expense Reimbursement accrued to
the date of termination. Notwithstanding any provision herein to the
contrary, after the date of termination, the Company shall pay
severance benefits to the Executive by continuing to compensate the
Executive, following the effective date of termination, in accordance
with the provisions of this Agreement for one year following the
effective date of termination, with the Base Salary and Executive
Benefits, and the Stock Options shall vest, all in the same manner
and to the same extent as if this Agreement was not terminated.</FONT></FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">e.
Voluntary Termination by Executive. Notwithstanding any provision
herein to the contrary, the Executive may terminate this Agreement
without cause. In the event the Executive terminates this Agreement
(except as provided in Section 6(f) and/or Section 6(g) hereof) prior
to the expiration of the Term, the Company shall pay the Executive
the Base Salary, Bonus, Automobile Allowance, Business Expense
Reimbursement and vacation pay accrued to the effective date of the
Executive&rsquo;s voluntary termination.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">f.
Termination by the Executive for Good Reason.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">(1)
The Executive may terminate this Agreement for &quot;Good Reason,&quot;
as hereinafter defined.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">(2)
&quot;Good Reason,&quot; shall mean and include those actions or
events specified below in subsections (A) through (C) occurring, or
taking place subsequent to the Effective Date of this Agreement: (A)
the Company&rsquo;s permanent or long term assignment of Executive to
any duties that are materially and adversely inconsistent with the
Executive&rsquo;s offices, duties or responsibilities in Executive&rsquo;s
position; (B) the Company&rsquo;s breach of its obligation to pay any
compensation due under Section 5 of this Agreement; or (C) the
Company&rsquo;s relocation of Executive&rsquo;s position from more
than One Hundred (50) miles Fayette County, Kentucky</FONT></P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm; widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">(3)
Notwithstanding anything to the contrary contained herein, the
Executive shall not terminate this Agreement for Good Reason unless
and until the Executive notifies the Company in writing that the
Company has committed the conduct constituting Good Reason as set
forth in Section 6(f)(2)(A) through (D) hereof and describes the
particulars thereof and gives the Company a ten (10) day period to
cure such conduct, if possible.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">(4)
Upon the effective date of termination for Good Reason, the Company
shall pay the Executive the Base Salary, Bonus, vacation pay, and
Business</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">Expense
Reimbursement accrued to the date of termination. Notwithstanding any
provision herein to the contrary, after the date of termination, the
Company shall pay severance benefits to the Executive by continuing
to compensate the Executive in accordance with the provisions of this
Agreement for one (1) year following the effective date of
termination, with the Base Salary and Executive Benefits, and the
Stock Options shall vest, all in the same manner and to the same
extent as if this Agreement was not terminated.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">7.
Covenant Not to Compete and Non-Disclosure of Information.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">a.
Covenant Not to Compete. The Executive acknowledges and recognizes
the highly competitive nature of the Company&rsquo;s business and the
goodwill, continued patronage, and specifically the names and
addresses of the Company&rsquo;s Clients (as hereinafter defined)
constitute a substantial asset of the Company having been acquired
through considerable time, money and effort. Accordingly, in
consideration of the execution of this Agreement, in the event the
Executive&rsquo;s employment is terminated by reason of Disability
pursuant to Section 6(b) or for Cause pursuant to Section 6(c), then
the Executive agrees to the following:</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">(1)
That during the Restricted Period (as hereinafter defined) and within
the Restricted Area (as hereinafter defined), the Executive will not,
individually or in conjunction with others, directly or indirectly,
engage in any Competitive Business Activities (as hereinafter
defined), whether as an officer, director, proprietor, employer,
partner, independent contractor, investor (other than as a holder
solely as an investment of less than 1 % of the outstanding capital
stock of a publicly traded corporation other than the Company),
consultant, advisor or agent.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">(2)
That during the Restricted Period and within the Restricted Area, the
Executive will not, directly or indirectly, compete with the Company
by soliciting, inducing or influencing any of the Company&rsquo;s
Clients which have an active business relationship with the Company
at the time during the Restricted Period to discontinue or reduce the
extent of such relationship with the Company.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.38cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">b.
Non-Disclosure of Information. In the event this Agreement has been
terminated pursuant to either Section 6(b) or Section 6(c) hereof,
Executive agrees that, during the Restricted Period, Executive will
not use or disclose any Proprietary Information of the Company for
the Executive&rsquo;s own purposes or for the benefit of any entity
engaged in Competitive Business Activities. As used herein, the term
&ldquo;Proprietary Information&rdquo; shall mean trade secrets or
confidential proprietary information of the Company, which are
material to the conduct of the business of the Company. No
information can be considered Proprietary Information unless the same
is a unique process or method material to the conduct of Company&rsquo;s
Business, or is a customer list or similar list of persons engaged in
business activities with Company. No information can be considered
Proprietary Information if the same is in the public domain or is
required to be disclosed by order of any court or by reason of any
statute, law, rule, regulation, ordinance or other governmental
requirement. Executive further agrees that in the event his
employment is terminated pursuant to Sections 6(b) or 6(c) above, all
Documents in his possession at the time of his termination shall be
returned to the Company at the Company&rsquo;s business location
where the Executive was employed.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">c.
Documents. &ldquo;Documents&rdquo; shall mean all original written,
recorded, or graphic matters that contain the Company&rsquo;s
Proprietary Information, and any and all copies thereof, including,
but not limited to: papers; books; records; tangible things;
correspondence; communications; telex messages; memoranda;
work-papers; reports; affidavits; statements; summaries; analyses;
evaluations; client records and information; agreements; agendas;
advertisements; instructions; charges; manuals; brochures;
publications; directories; industry lists; schedules; price lists;
client lists; statistical records; training manuals; computer
printouts; books of account, records and invoices reflecting business
operations; all things similar to any of the foregoing however
denominated. In all cases where originals are not available, the term
&quot;Documents&quot; shall also mean identical copies of original
documents or non-identical copies thereof.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P STYLE="text-indent: 2.54cm">d. Company&rsquo;s Clients. The
&ldquo;Company&rsquo;s Clients&rdquo; shall be deemed to be any
partnerships, corporations, professional associations or other
business organizations for whom the Company then performs Competitive
Business Activities.</P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; widows: 0; orphans: 0"><FONT FACE="Times New Roman, serif"><FONT FACE="TimesNewRoman, serif">e<FONT COLOR="#ff0000">.
</FONT>Restrictive Period. The &ldquo;Restrictive Period&rdquo; shall
be deemed to be twelve (12) months following the effective date of
termination of this Agreement pursuant to Sections 6(b) or 6(c) of
this Agreement.</FONT></FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">f.
Restrictive Area. The &ldquo;Restrictive Area&rdquo; shall be deemed
to include the states of Kentucky, Ohio, North Carolina and Illinois.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">g.
Competitive Business Activities. The term &ldquo;Competitive Business
Activities&rdquo; as used herein shall be deemed to mean the Business
and Third Party Logistics.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">h.
Covenants as Essential Elements of this Agreement. It is understood
by and between the parties hereto that the foregoing covenants
contained in Sections 7(a) and (b) are essential elements of this
Agreement, and that but for the agreement by the Executive to comply
with such covenants, the Company would not have agreed to enter into
this Agreement.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.38cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">i.
Survival After Termination of Agreement. Notwithstanding anything to
the contrary contained in this Agreement, the covenants in Sections
7(a) and (b) shall survive the termination of this Agreement and the
Executive&rsquo;s employment with the Company.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">j.
Remedies.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">(1)
The Executive acknowledges and agrees that the Company&rsquo;s remedy
at law for a breach or threatened breach of any of the provisions of
Section 7(a) or (b) herein would be inadequate and a breach thereof
may cause irreparable harm to the Company. In recognition of this
fact, in the event of a breach by the Executive of any of the
provisions of Section 7(a) or (b), the Executive agrees that, in
addition to any remedy at law available to the Company, including,
but not limited to monetary damages, the Company may request
equitable relief in the form of specific performance, temporary
restraining order, temporary or permanent injunction or any other
equitable remedy which may then be available to the Company.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 3.81cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">(2)
Nothing herein contained shall be construed as prohibiting the</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">Company
from pursuing any other remedies available to it for such breach or
threatened breach.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">8.
Indemnification.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">a.
The Company shall defend, indemnify and hold Executive harmless from
and against any and all expenses, including attorneys&rsquo; fees and
court costs, judgments, fines, settlements, and other amounts
actually and reasonably incurred in connection with any claim,
demand, lawsuit or proceeding arising by reason of Executive&rsquo;s
employment by the Company hereunder, with respect to matters
occurring at any time on or prior to the date of termination of the
Executive&rsquo;s employment with the Company, to the maximum extent
permitted by the provisions of Florida and Federal law and the
Articles of Incorporation and Bylaws of the Company then in effect.
The Company shall advance to Executive any expenses incurred in
defending any proceeding to the fullest extent permitted by the
Company&rsquo;s Articles of Incorporation and Florida law. The
Company will use its reasonable best efforts to cause Executive to be
covered under any Director and Officer liability policy maintained by
the Company for which he is eligible under standard provisions and
exclusions.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 2.54cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">b.
The Company specifically acknowledges and agrees that the Executive
has personally guaranteed certain obligations on behalf of the Dasher
Expedited Freight</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">Division
of the Company (the &ldquo;Obligations&rdquo;) and further that the
Executive is personally liable for certain obligations of the Dasher
Expedited Freight Division of the Company. The Company shall defend,
indemnify and hold the Executive harmless from and against any and
all expenses, including attorneys&rsquo; fees and court costs,
judgments, fines, settlements, and other amounts actually and
reasonably incurred in connection with any claim, demand, lawsuit or
proceeding arising in connection with such personal guaranties,
personal liabilities, or the Obligations. Any out-of-pocket costs or
expenses that may be incurred by the Executive in connection with
such personal guaranties, personal liabilities, or the obligations
shall be reimbursed to the Executive, upon receipt by the Company of
documented evidence of such costs or expenses, within three (3)
business days of the receipt of such documented evidence.
Notwithstanding the foregoing, the Company shall satisfy any judgment
entered against the Executive in connection with such personal
guaranties, personal liabilities, or the obligations within three (3)
days of receipt of notice of any such judgment entered against the
Executive. The Company shall use its reasonable best efforts to cause
the transfer or assignment of the Executive&rsquo;s personal
guaranties, personal liabilities, or the Obligations from the
Executive and to the Company and the Company shall pay the
Obligations on or before June 30, 2004, except where such payment
shall result in penalties, in which case the Company shall attempt to
take-over any obligations pursuant to such Obligations, absent either
ability to take-over or repay, the Company shall make all payments in
accordance with terms and provisions to term of Obligations.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">9.
Withholding. Anything to the contrary notwithstanding, all payments
required to be made by the Company hereunder to the Executive or the
Executive&rsquo;s estate or beneficiaries shall be subject to the
withholding of such amounts, if any, relating to tax and other
payroll deductions as the Company may reasonably determine it should
withhold pursuant to any applicable law or regulation. In lieu of
withholding such amounts, the Company may accept other arrangements
pursuant to which it is satisfied that such tax and other payroll
obligations will be satisfied in a manner complying with applicable
law or regulation.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">10.
Notices. Any notice required or permitted to be given under the terms
of this Agreement shall be sufficient if in writing and if sent
postage prepaid by registered or certified mail, return receipt
requested; by overnight delivery; by courier; or by confirmed
telecopy, in the case of the Executive to the Executive&rsquo;s last
place of business or residence as shown on the records of the
Company, or in the case of the Company to its principal office as set
forth in the first paragraph of this Agreement, or at such other
place as it may designate.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">11.
Waiver. Unless agreed in writing, the failure of either party, at any
time, to require performance by the other of any provisions hereunder
shall not affect its right thereafter to enforce the same, nor shall
a waiver by either party of any breach of any provision hereof be
taken or held to be a waiver of any other preceding or succeeding
breach of any term or provision of this Agreement. No extension of
time for the performance of any obligation or act shall be deemed to
be an extension of time for the performance of any other obligation
or act hereunder.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">12.
Completeness and Modification. This Agreement constitutes the entire
understanding between the parties hereto superseding all prior and
contemporaneous agreements or understandings among the parties hereto
concerning the Employment Agreement. This Agreement may be amended,
modified, superseded or canceled, and any of the terms, covenants,
representations, warranties or conditions hereof may be waived, only
by a written instrument executed by the parties or, in the case of a
waiver, by the party to be charged.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">13.
Counterparts. This Agreement may be executed in two or more
counterparts, each of which shall be deemed an original but all of
which shall constitute but one agreement.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">14.
Binding Effect/Assignment. This Agreement shall be binding upon and
inure to the benefit of the parties hereto, their heirs, legal
representatives, successors and assigns. This Agreement shall not be
assignable by the Executive but shall be assignable by the Company in
connection with the sale, transfer or other disposition of its
business or to any of the Company&rsquo;s affiliates controlled by or
under common control with the Company, subject to the provisions of
Section 6(g) hereof. Upon any merger, asset sale or change in control
of the Company, the surviving entity or successor to the business of
the Company shall expressly assume its obligations hereunder.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">	</FONT></P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">15.
Governing Law. This Agreement shall become valid when executed and
accepted by Company and the Executive. The parties agree that it
shall be deemed made and entered into in the State of Florida and
shall be governed and construed under and in accordance with the laws
of the State of Florida. Anything in this Agreement to the contrary
notwithstanding, the parties shall conduct their respective business
in a lawful manner and faithfully comply with applicable laws or
regulations of the state, city or other political subdivision in
which the respective parties are located.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">16.
Further Assurances. All parties hereto shall execute and deliver such
other instruments and do such other acts as may be necessary to carry
out the intent and purposes of this Agreement.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">17.
Headings. The headings of the sections are for convenience only and
shall not control or affect the meaning or construction or limit the
scope or intent of any of the provisions of this Agreement.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">18.
Survival. Any termination of this Agreement shall not, however,
affect the ongoing provisions of this Agreement which shall survive
such termination in accordance with their terms, including without
limitation Sections 6 and 8 hereof and all express post-termination
benefit provisions hereof.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">19.
Severability. The invalidity or unenforceability, in whole or in
part, of any covenant, promise or undertaking, or any section,
subsection, paragraph, sentence, clause, phrase or word or of any
provision of this Agreement shall not affect the validity or
enforceability of the remaining portions thereof.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">20.
Enforcement. Should it become necessary for any party to institute
legal action to enforce the terms and conditions of this Agreement,
the successful party will be awarded reasonable attorneys&rsquo; fees
at all trial and appellate levels, expenses and costs.</FONT></P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">21.
Venue. Company and Executive acknowledge and agree that the U.S.
District Court for the Southern District of Florida, or if such court
lacks jurisdiction, the 11th Judicial Circuit (or its successor) in
and for Miami-Dade County, Florida, shall be the exclusive venue and
exclusive proper forum in which to adjudicate any case or controversy
arising either, directly or indirectly, under or in connection with
this Agreement and the parties further agree that, in the event of
litigation arising out of or in connection with this Agreement in
these courts, they will not contest or challenge the jurisdiction or
venue of these courts.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">22.
Construction. This Agreement shall be construed within the fair
meaning of each of its terms and not against the party drafting the
document.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">THE
EXECUTIVE ACKNOWLEDGES THAT HE HAS READ THIS ENTIRE AGREEMENT, HAS
HAD THE OPPORTUNITY TO DISCUSS THIS WITH HIS COUNSEL AND FURTHER
ACKNOWLEDGES THAT HE UNDERSTANDS THE RESTRICTIONS, TERMS AND
CONDITIONS IMPOSED UPON THE EXECUTIVE BY THIS AGREEMENT AND
UNDERSTANDS THAT THESE RESTRICTIONS, TERMS AND CONDITIONS MAY BE
BINDING UPON THE EXECUTIVE DURING AND AFTER TERMINATION OF THE
EMPLOYMENT OF THE EXECUTIVE.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">IN
WITNESS WHEREOF, the parties have executed this Agreement as of date
set forth in the first paragraph of this Agreement.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">The
Company:</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">SEGMENTZ,
INC.</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">By:
__________________________		Witness:________________________</FONT></P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">John
S. Flynn</FONT></P>
<P ALIGN=JUSTIFY STYLE="text-indent: 1.27cm; widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">President
&amp; Chief Financial Officer</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">Jeff
Wiseman:</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">__________________________
		Witness:________________________</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><FONT FACE="TimesNewRoman, serif">Jeff
Wiseman</FONT></P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<P ALIGN=JUSTIFY STYLE="widows: 0; orphans: 0"><BR>
</P>
<DIV TYPE=FOOTER>
	<P ALIGN=CENTER STYLE="margin-top: 0.87cm; widows: 2; orphans: 2">12</P>
</DIV>
</BODY>
</HTML>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-4
<SEQUENCE>6
<FILENAME>dasherpress.htm
<TEXT>
<HTML>
<HEAD>
	<TITLE>Press Release </TITLE>

</HEAD>
<BODY LANG="en-US" TEXT="#000000" LINK="#000000">
<DIV TYPE=HEADER>
	<P ALIGN=CENTER><BR>
	</P>
	<P ALIGN=LEFT><BR>
	</P>
</DIV>
<H4 CLASS="western" ALIGN=CENTER>&nbsp;</H4>
<P ALIGN=LEFT><BR>
</P>
<H4 CLASS="western" ALIGN=CENTER>SEGMENTZ, INC. ENTERS INTO AGREEMENT
TO ACQUIRE
</H4>
<H4 CLASS="western" ALIGN=CENTER>DASHER EXPRESS &amp; AIR FREIGHT</H4>
<H4 CLASS="western"><BR>
</H4>
<H4 CLASS="western" ALIGN=CENTER><FONT SIZE=2 STYLE="font-size: 11pt"><U>FOR
IMMEDIATE RELEASE</U></FONT></H4>
<P ALIGN=LEFT><BR>
</P>
<P ALIGN=LEFT><FONT SIZE=3><FONT SIZE=2 STYLE="font-size: 11pt"><U>Company
Contact</U>:  		<U>Investor Relations Contact</U>:</FONT></FONT></P>
<P ALIGN=LEFT><FONT SIZE=2 STYLE="font-size: 11pt">Segmentz,
Inc.			Hayden Communications, Inc.</FONT></P>
<P ALIGN=LEFT><FONT FACE="Times New Roman, serif"><FONT SIZE=2 STYLE="font-size: 11pt">Allan
Marshall			Mark McPartland</FONT></FONT></P>
<P ALIGN=LEFT><FONT SIZE=2 STYLE="font-size: 11pt">813-989-2232
                  	843-272-4653</FONT></P>
<P ALIGN=LEFT><BR>
</P>
<P ALIGN=JUSTIFY><FONT SIZE=3><FONT SIZE=2 STYLE="font-size: 11pt"><B>TAMPA,
Fla.&ndash;(BUSINESS WIRE) - January 6, 2004&ndash;Segmentz, Inc.
(OTCBB: SEGZ),</B> announced today the closing of an acquisition
agreement signed December 31, 2003 to acquire all outstanding capital
stock of Dasher Express &amp; Air Freight, a privately held
Lexington, KY based Company. </FONT></FONT>
</P>
<P ALIGN=JUSTIFY><BR>
</P>
<P ALIGN=JUSTIFY><FONT SIZE=2 STYLE="font-size: 11pt">The terms of
the transaction are valued at approximately $2,000,000 in cash and
stock, as well as incentive and bonus payments to be paid to the
acquisition candidate based on management achieving certain financial
milestones.  Dasher Express &amp; Air Freight generated over $8
million in revenues over the past twelve months and has been
historically cash flow positive.  The acquisition is expected to be
accretive to Segmentz&rsquo;s earnings in 2004. </FONT>
</P>
<P ALIGN=JUSTIFY><BR>
</P>
<P ALIGN=JUSTIFY><FONT SIZE=2 STYLE="font-size: 11pt">Allan Marshall,
Chief Executive Officer of Segmentz, Inc., stated, &ldquo;Our team is
extremely pleased to finalize this agreement as it represents a
continuance of our acquisition strategy which remains focused in the
Southeast and Midwest United States.  Dasher operates in three of our
current cities and an additional three including Greensboro,
Charlotte and the Detroit area, which will allow us to increase
utilization and extend our expedited services to the new locations.
The Detroit location gives us an additional foothold in our pursuit
of future automotive dedicated delivery contracts. In addition to
overlapping geographic areas of coverage, the company provides niche
specialty services which can be marketed to our existing customer
base, thus creating additional organic growth opportunities.&rdquo;</FONT></P>
<P ALIGN=JUSTIFY><BR>
</P>
<P ALIGN=JUSTIFY><FONT SIZE=2 STYLE="font-size: 11pt">Jeff Wiseman,
Executive Financial Officer of Dasher Express stated, &ldquo;We are
very excited about the synergies between the companies and the
opportunity to expand additional services to our customers.&rdquo;
Brad Kelley, Executive Operations Officer of Dasher Express stated,
&ldquo;We look forward to working with the Segmentz team to provide
single source logistics solutions to our combined customer base.&rdquo;
</FONT>
</P>
<P ALIGN=JUSTIFY><BR>
</P>
<P ALIGN=LEFT><FONT SIZE=2 STYLE="font-size: 11pt"><U>About Dasher
Express &amp; Air Freight</U></FONT></P>
<P ALIGN=LEFT><FONT SIZE=2 STYLE="font-size: 11pt">Dasher Express &amp;
Air Freight specializes in expedited trucking, scheduled line haul
movements, trade show transportation and integrated third party
logistics services.  The Company currently operates six service
centers in the Southeast and Midwest, which facilitate time definite
delivery service levels. The Company began operations in 1990 and is
headquartered in Lexington, KY.</FONT></P>
<P ALIGN=LEFT><BR>
</P>
<P ALIGN=LEFT><FONT SIZE=2 STYLE="font-size: 11pt"><U>About Segmentz,
Inc.</U></FONT></P>
<P ALIGN=JUSTIFY><FONT SIZE=2 STYLE="font-size: 11pt">Segmentz, Inc.
is a provider of transportation and logistics management services to
its target client base, ranging from mid-sized to Fortune 100
companies. The Company's services include regional outsourced
trucking, time definite transportation, dedicated delivery and supply
chain management services. The Company operates a network of
terminals in the Southeast and Midwest United States. The Company is
dedicated to providing services that are customized to meet its
client's individual needs and flexible enough to cope with an
ever-changing business environment. Segmentz, Inc. is publicly traded
on the NASDAQ OTC-BB under the symbol SEGZ. </FONT>
</P>
<P ALIGN=JUSTIFY><BR>
</P>
<P ALIGN=JUSTIFY><BR>
</P>
<P ALIGN=JUSTIFY><FONT SIZE=2 STYLE="font-size: 11pt">Forward-Looking
Statements </FONT>
</P>
<P ALIGN=JUSTIFY><BR>
</P>
<P ALIGN=JUSTIFY><FONT SIZE=2 STYLE="font-size: 11pt">This report
contains forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements involve risks and uncertainties. Factors that could cause
actual results to differ materially from those predicted in any such
forward-looking statement include our ability to continue to lower
our costs, our timely development and customers' acceptance of our
transportation products, including acceptance by key customers,
pricing pressures, rapid technological changes in the industry,
growth of the transportation and third party logistics market,
increased competition, our ability to attract and retain qualified
personnel, our ability to identify and successfully consummate future
acquisitions; adverse changes in customer order patterns, adverse
changes in general economic conditions in the U.S. and
internationally, risks associated with foreign operations and
political and economic uncertainties associated with current world
events. These and other risks are detailed from time to time in
Segmentz periodic reports filed with the Securities and Exchange
Commission, including, but not limited to, its report on Form 10-KSB
for its fiscal year ended December 31, 2002. </FONT>
</P>
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