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EXHIBIT (10)(iv)

                                SYNTELLECT, INC.
                              EXECUTIVE 401(K) PLAN



1.       PURPOSE

         The purpose of this Plan is to allow a select group of executives of
         Syntellect, Inc. to defer receipt of Compensation to which the
         executives would otherwise be entitled.

2.       DEFINITIONS

         Whenever referred to in this Plan, the following items shall have the
         meanings set forth below:

         2.1.     "Compensation" shall have the same meaning as it has under the
                  Salary Deferral Plan, without regard to any election made
                  under this Plan.

         2.2.     "Salary Deferral Plan" means the Syntellect, Inc. Salary
                  Deferral Plan, as amended from time to time.

         2.3.     "Employee" means an employee of Employer who has satisfied the
                  eligibility requirements of Section 3, below.

         2.4.     "Employer" means Syntellect, Inc. and any subsidiary that,
                  with the consent of the Board of Director of Syntellect,
                  adopts this Plan.

         2.5.     "Committee" means the Committee as provided in the Salary
                  Deferral Plan.

         2.6.     "Termination of Employment" means any voluntary or involuntary
                  termination of employment, including retirement or death of
                  the Employee, but does not include a transfer from Syntellect
                  to an affiliated company, from an affiliated company to
                  Syntellect or between affiliated companies.

         2.7.     "Deferral Date" means December of the year preceding the year
                  Compensation is deferred into the Employee's Deferred
                  Compensation Account.

         2.8.     "Payment Date" means the date selected by the Employee under
                  Section 4.5.

         2.9.     "Plan Year" means the calendar year.

3.       ELIGIBILITY

         3.1.     An Employee of Syntellect is eligible to participate in this
                  Plan if the Employee's position is Vice President or higher
                  rank as of the Deferral Date, reports directly to the
                  President of Syntellect, Inc. or holds the position of
                  President, and if the Committee so designates him/her for
                  participation.

         3.2.     If an Employee's position changes during the course of the
                  current Plan Year so that he/she is no longer a Vice President
                  or higher rank, he/she will cease to be eligible for this Plan
                  and any additional deferrals will cease.

         3.3.     If an Employee attains the position of Vice President or
                  higher rank after the Deferral Date, he/she will not be
                  eligible for participation in this Plan during the current
                  Plan Year.



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4.       ELECTION TO DEFER

         4.1.     An Employee may elect to defer receipt of Compensation by
                  completing the Deferral Election Form prescribed by the
                  Committee, specifying a percentage or fixed dollar amount of
                  weekly or other Compensation to be deferred during the
                  following Plan Year. Deferrals will commence on whichever of
                  the following dates the Employee elects at the time of
                  executing the Deferral Election Form:

                  4.1.1.   The first day of the calendar year for which the
                           election is made, or

                  4.1.2.   The first day of the payroll period following the
                           period during which the Employee's elective deferrals
                           under the Salary Deferral Plan reach the amount
                           specified in Section 402(g) of the Internal Revenue
                           Code.

         4.2.     The election must be made no later than the Deferral Date.

         4.3.     An election to defer shall be effective on the date the
                  Employee delivers a completed Deferral Election Form to the
                  Committee; provided, however, that if an Employee subsequently
                  delivers a properly completed Deferral Election Form to the
                  Committee before the Deferral Date, the latest dated Deferral
                  Election Form shall take effect. Once the Deferral Date has
                  passed, the elections made on the Deferral Election Form shall
                  be irrevocable.

         4.4.     A separate election to defer must be made for each Plan Year.

         4.5.     The Employee shall elect, when completing the Deferral
                  Election Form, to defer receipt of Compensation until one of
                  the following Payment Dates:

                  4.5.1.   Age 65,

                  4.5.2.   Termination of Employment,

                  4.5.3.   April 1 of any subsequent year(s) provided such date
                           is at least one year from the Deferral Date,

                  4.5.4.   The earlier of Section 4.5.1 or Section 4.5.2, or

                  4.5.5.   The earlier of Section 4.5.2 or Section 4.5.3.

         4.6.     The Employee shall elect, when completing the Deferral
                  Election Form, to receive his or her deferred Compensation in
                  a lump sum or in unequal or substantially equal annual
                  installments. The maximum number of installments shall be five
                  (5).

5.       DEFERRED COMPENSATION AMOUNTS

         5.1.     Compensation deferred pursuant to Section 4 shall be credited
                  to an account in the name of the Employee (the "Deferred
                  Compensation Account") established for this purpose on the
                  Employer's books. Compensation deferred shall be credited as
                  of the end of the month in which it otherwise would have been
                  paid.

         5.2.     The balance credited to each Deferred Compensation Account
                  when invested shall be credited weekly, or otherwise as
                  consistent with credits under the investment funds established
                  for this Plan, with a return on investment (or charged with an
                  investment loss). The measure of the investment return shall
                  be equal to the proportionate gain or loss of:




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                  5.2.1.   The investment funds established under the
                           Syntellect, Inc. Executive 401(k) Plan Account
                           established with M&I Trust of Arizona (the "Account")
                           or if there are no funds under the Account,

                  5.2.2.   The investment funds established under the Salary
                           Deferral Plan or if there is no such plan,

                  5.2.3.   Such objective measure as the Committee in its
                           discretion determines.

                  The Employer intends that the Account will be invested as
                  determined by the Committee in its discretion. Such
                  investments may be in seven funds comparable to those
                  established under the Salary Deferral Plan (or such number of
                  funds as are existing from time to time with respect to the
                  Salary Deferral Plan), and in such event for purposes of this
                  Section 5.2, the amounts credited to an Employee's Deferred
                  Compensation Account shall be allocated on the Employer's
                  books among the funds in such percentages as elected by the
                  Employee. The Employee may transfer his/her account balances
                  and/or change where his/her future contributions will be
                  invested among the investment funds up to four (4) times per
                  year on a form satisfactory to the Committee. The Committee,
                  however, retains the final authority in its sole discretion to
                  direct the allocation of the Employee's deferral. The
                  Employee's election may be given at such times as the
                  Committee establishes.

6.       EMPLOYER MATCHING CONTRIBUTIONS

         6.1.     At the end of each month, the Employee's Deferred Compensation
                  Account shall be credited with an Employer Matching
                  Contribution equal to the Compensation that the Employee has
                  deferred for such month, times the applicable Matching
                  Percentage in the following schedule.

<TABLE>
<CAPTION>
                  Employee's Deferral                Matching Percentage
                  -------------------                -------------------
<S>                                                  <C>
                  2% of Compensation                 2.0% of Compensation
                  3%                                 2.5%
                  4%                                 3.0%
                  5% and up                          3.5%
</TABLE>

                  For purposes of the above schedule, the "Employee's Deferral"
                  shall be based on the Employee's elective deferrals under this
                  Plan only.

         6.2.     An Employee's Matching Contribution Account shall be credited
                  with an investment return in the same manner as Deferred
                  Compensation Accounts under Section 5.2 and, to the extent
                  vested, shall be paid out pursuant to Section 7.

         6.3.     Employer Matching Contributions shall be vested 33 1/3% per
                  year on December 31 of the first year following the calendar
                  year in which the Participant was first eligible to
                  participate in the Plan, and 33 1/3% additional vesting per
                  year following. For example, if a Participant was first
                  eligible to participate in 2000, their Employer Matching
                  Contributions will be vested 33 1/3% on December 31, 2001; 66
                  2/3% vested on December 31, 2002, and 100% vested on December
                  31, 2003.

                  Employer Matching Contribution shall also be 100% vested on
                  the day the Employee attains age 65, dies or becomes totally
                  and permanently disabled while employed by Syntellect, Inc. or
                  an affiliate.

                  Any amounts that are not vested will be forfeited upon
                  Termination of Employment and shall not be restored upon
                  subsequent reemployment with the Employer or an affiliate. In
                  the event of any forfeiture of Employer Matching
                  Contributions, such forfeited amounts shall be used to reduce
                  future Employer Matching Contributions or as otherwise
                  directed by the Committee.



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7.       PAYMENT OF DEFERRED COMPENSATION ACCOUNTS

         7.1.     Amounts credited to an Employee's Deferred Compensation
                  Account and the vested portion of the Employer's Matching
                  Contributions shall be distributed as specified on the
                  Employee's Deferral Election form or upon the earlier
                  occurrence of a terminating event specified below. Any such
                  payment shall be subject to the terms and conditions of this
                  Section 7.

         7.2.     If an Employee has elected to receive his or her Deferred
                  Compensation Account in installments, the first installment of
                  the vested portion of his or her account shall be distributed
                  within 60 days of the April 1 coinciding with or next
                  following the Payment Date; provided, however, that if the
                  Payment Date occurs within ninety days of April 1, the
                  Committee shall instead make the payment within 60 days of the
                  Payment Date. Subsequent installment payments shall be made
                  within 60 days of each subsequent April 1, regardless of the
                  date on which the first installment is paid. The "Payment
                  Date" for all subsequent installments shall be April 1.

         7.3.     Notwithstanding the Employee's Deferral Election Form, in the
                  case of Termination of Employment before the Employee attains
                  age 65, the Committee may in its discretion accelerate the
                  time and manner in which the amounts credited to an Employee's
                  Deferred Compensation Account will be distributed. If the
                  Committee decides in its discretion to distribute such
                  Deferred Compensation Account balance amounts in installments,
                  the Committee shall determine the regularity of the
                  installment payments and the length of the installment period,
                  provided, however, that the installment period shall not
                  exceed three years.

         7.4.     The unpaid balance of all Deferred Compensation Accounts
                  payable in installments, whether by the Employee's election or
                  by the Committee's exercise of its discretion under Section
                  7.3 above, shall continue to be credited with an investment
                  return as described in Section 5.2 above.

         7.5.     If an Employee dies before all of the amounts credited to his
                  or her Deferred Compensation Account have been distributed,
                  such unpaid portion shall be paid to the beneficiary
                  designated on the Employee's Beneficiary Designation Form. If
                  no such beneficiary has been designated, such unpaid balance
                  shall be paid to the Employee's designated beneficiary under
                  Syntellect's group life insurance program, if any, and if none
                  is designated (or if the designation fails) then to the
                  Employee's spouse and if there is no spouse, to the Employee's
                  estate. Payments made under this Section will be made in the
                  same form and at the same time(s) as such payments would have
                  been made if the Employee were still living on the date each
                  payment is made; provided, however, that in the event the
                  deceased Employee's Deferral Election Form calls for a lump
                  sum payment in the future or for payment in installments, the
                  Committee may, in its sole discretion, distribute the balance
                  credited to the Employee's Deferred Compensation Account to
                  the Employee's beneficiary in a lump sum as soon as
                  practicable after the Employee's death.

         7.6.     In the event of an "unforeseeable emergency," a Participant
                  may apply to the Committee for a distribution of part or all
                  of his or her Account prior to the date that it would
                  otherwise be distributed under this Section 7. If the
                  Committee approves such an application, it will make such
                  distribution as a lump sum cash payment.

                  7.6.1.   An "unforeseeable emergency" means a severe financial
                           hardship to the Participant resulting from a sudden
                           and unexpected illness or accident of the Participant
                           or of a dependent (as defined in Section 152(a) of
                           the Code) of the Participant, loss of the
                           Participant's property due to casualty, or other
                           similar extraordinary and unforeseeable circumstances
                           arising as a result of events beyond the control of
                           the Participant.



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                  7.6.2.   The circumstances that will constitute an
                           unforeseeable emergency will depend on the facts of
                           each case, but, in no event will the Committee
                           approve any distribution to the extent that the
                           hardship is or may be relieved through reimbursement
                           or Compensation by insurance or otherwise, or by
                           liquidation of the Participant's assets, to the
                           extent that the liquidation of such assets would not
                           itself cause severe financial hardship.

                  7.6.3.   Examples of foreseeable circumstances which result in
                           normally budgetable expenditures and are not
                           considered to be unforeseeable emergencies include,
                           but are not limited to, the need to send a
                           Participant's child to college or the desire to
                           purchase a home or automobile.

                  7.6.4.   Any amount approved for distribution under this
                           Section 7.6 will be limited to that amount necessary
                           to meet the emergency.

                           The employee shall submit a written request to the
                           Committee and shall certify as to the financial need.
                           The Committee shall have sole discretion to determine
                           whether to make a hardship distribution from an
                           Employee's Deferred Compensation Account and to
                           determine the amount of such distribution, if any.
                           The Committee's decision shall be final and binding
                           on all interested parties. This Section 7.6
                           supersedes the irrevocability provisions of Section
                           4.3 but only to the extent of the hardship
                           distribution.

         7.7.     If the Employee is employed by Syntellect or an affiliate on
                  any Payment Date, the unvested portion of his or her Deferred
                  Compensation Account relative to a particular payment shall
                  not be payable until it becomes vested. Once an amount becomes
                  vested it shall be paid to the Employee in accordance with his
                  election. However, if the date(s) specified in the Employee's
                  election is past, the remaining portion of his or her account
                  relative to any prior payments which has now become vested,
                  shall be paid within 60 days of the next subsequent April 1.

8.       PLAN ADMINISTRATION

         8.1.     This Plan shall be adopted by or pursuant to the authorization
                  of the Board of Directors of Employer and shall be
                  administered by the Committee.

         8.2.     This Plan may be amended in any way or may be terminated in
                  whole or in part, at any time, in the discretion of the
                  Committee. No amendment or termination of the Plan shall
                  adversely affect the amount in any Deferred Compensation
                  Account prior to or as of the effective date of such amendment
                  or termination.

         8.3.     The Committee shall have the sole authority, in its
                  discretion, to adopt, amend and rescind such rules and
                  regulations as it deems advisable in the administration of the
                  Plan, to construe and interpret the Plan, the rules and
                  regulations, and Deferral Election Forms, and to make all
                  other determinations deemed necessary or advisable for the
                  administration of the Plan. All decisions, determinations, and
                  interpretations of the Committee shall be binding on all
                  persons. The Committee may delegate its responsibilities as it
                  sees fit.

9.       NO FUNDING OBLIGATION

         9.1.     It is the intent of the Committee to establish the Syntellect,
                  Inc. Executive 401(k) Plan Account with M&I Trust of Arizona
                  for purposes of investing the Employee's Deferred Compensation
                  Account in the investment funds as established under the
                  Salary Deferral Plan or with investment funds which closely
                  approximate the objectives of the funds established under the
                  Salary Deferral Plan.

         9.2.     While it is the Committee's intent to establish an account in
                  accordance with Section 9.1, the Employer is under no
                  obligation to transfer amounts credited to the Employee's
                  Deferred Compensation Account to any account, trust or escrow
                  account, and the Employer is under no


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                  obligation to secure any amount credited to an Employee's
                  Deferred Compensation Account by any specific assets of any
                  Employer, or any assets in which any Employer has an interest.
                  This Plan shall not be construed to require the Employer to
                  fund any of the benefits provided hereunder nor to establish a
                  trust for such purpose. The Employer may make such
                  arrangements as it desires to provide for the payment of
                  benefits. Neither the Employee nor his or her estate shall
                  have any rights against the Employer with respect to any
                  portion of the Deferred Compensation Account except as a
                  general unsecured creditor. No Employee has an interest in his
                  or her Deferred Compensation Account until the Employee
                  actually receives the deferred payment. Neither the Employee
                  nor his or her estate shall have any legal or equitable rights
                  against any member of the Committee or the Syntellect Board of
                  Directors.

10.      NON-ALIENATION OF BENEFITS

         No benefit under this Plan may be sold, assigned, transferred,
         conveyed, hypothecated, encumbered, anticipated, or otherwise disposed
         of, and any attempt to do so shall be void. No such benefit shall,
         prior to receipt thereof by an Employee, be in any manner subject to
         the debts, contracts, liabilities, engagements, or torts of such
         Employee.

11.      LIMITATION OF RIGHTS

         Nothing in this Plan shall be construed to limit in any way the right
         of the Employer to terminate an Employee's employment at any time for
         any reason whatsoever with or without cause; nor shall it be evidence
         of any agreement or understanding, express or implied, that the
         Employer (i) will employ an Employee in any particular position, (ii)
         will ensure participation in any incentive program(s), or (iii) will
         grant any awards from such program(s).

12.      APPLICABLE LAW

         This Plan shall be construed and its provision enforced and
         administered in accordance with the law of the State of Arizona except
         as otherwise provided in the Employee Retirement Income Security Act of
         1974, as amended.






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