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                                                                   EXHIBIT 10(t)
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                             THE NETPLEX GROUP, INC.

                       EMPLOYEE DEFERRED COMPENSATION PLAN
























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                             THE NETPLEX GROUP, INC.
                                TABLE OF CONTENTS


                                                                            Page
                                                                            ----

SECTION 1  Introduction ..................................................    3

SECTION 2  Participation .................................................    5

SECTION 3  Contributions .................................................    5

SECTION 4  Benefit Accounts ..............................................    6

SECTION 5  Vesting of Account ............................................    6

SECTION 6  Distributions .................................................    7

SECTION 7  Distribution of Benefits ......................................    8

SECTION 8  Plan Administration ...........................................   10

SECTION 9  Amendment and Termination .....................................   11

SECTION 10  Miscellaneous ................................................   11

SECTION 11  Adoption .....................................................   13







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                             THE NETPLEX GROUP, INC.

                                    SECTION 1

                                  INTRODUCTION

1.1  Adoption. Pursuant to Section 11, The Netplex Group, Inc., ("NTPL") hereby
establishes the The Netplex Group, Inc. Employee Deferred Compensation Plan for
employees of The Netplex Group, Inc. as set forth herein.

1.2  Definitions. When the following terms are used herein with initial capital
letters, they shall have the following meanings:

     1.2.1 Annual Valuation Date--shall mean each December 31.

     1.2.2 Beneficiary--shall mean the person or persons designated by a
           Participant (or automatically by operation of the Plan) to receive
           the benefits payable under this Plan in the event of the
           Participant's death. A person so designated shall not be considered a
           Beneficiary until the death of the Participant.

     1.2.3 Benefit--shall mean NTPL shares distributed upon separation from
           employment, upon the two year anniversary of the Plan, or upon a
           Change of Control of NTPL, which ever is earlier.

     1.2.4 Benefit Account--shall mean an account specifically established by
           NTPL on behalf of a Participant, to which is credited the
           contributions made by NTPL on behalf of the Participant pursuant to
           the Participant's non-elective deferrals and those made by the
           Participant pursuant to his elective deferrals and converted into
           Share Units.

     1.2.5 CFO--Chief Financial Officer of NTPL.

     1.2.6 Code--shall mean the Internal Revenue Code of 1986, as amended, and
           includes any regulations thereunder.

     1.2.7 Compensation--shall mean all earnings from services rendered by the
           Employee to NTPL, including but not limited to the gross salary of
           the Employee, prior to any deduction for federal or state income tax,
           Social Security contributions, or pension plan contributions;
           subject, however, to the following:

           (a)  Pre-Participation Employment. Remuneration paid by NTPL
                attributable to periods prior to the date the Participant became
                a Participant in the Plan shall not be taken into account in
                determining the Participant's Compensation.

           (b)  Attribution to Periods. A Participant's Compensation shall be
                considered attributable to the period in which it is actually
                paid and not when earned or accrued; provided, however, amounts
                earned but not paid in a Plan Year because of the timing of pay
                periods and pay days may be included in the Plan Year when
                earned if these amounts are paid during the first few weeks of
                the next Plan Year, the amounts are included on a uniform and
                consistent basis with respect to all similarly situated
                Participants and no amount is included in more than one Plan
                Year.

           (c)  Excluded Periods. Amounts received after the Participant's
                termination of employment shall not be taken into account in
                determining a Participant's Compensation.



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     1.2.8   Deferral--shall mean the amount of Compensation not yet earned,
             which NTPL or the Participant shall defer in accordance with the
             provisions of the Plan.

     1.2.9   Disability--shall mean a medically determinable physical or mental
             impairment which: (i) renders the individual incapable of
             performing any substantial gainful employment, (ii) can be
             expected to be of longcontinued and indefinite duration or result
             in death, and (iii) is evidenced by a certification to this
             effect by a doctor of medicine approved by the Committee. In lieu
             of such a certification, the Committee may accept, as proof of
             Disability, the official written determination that the
             individual will be eligible for disability benefits under the
             federal Social Security Act as now enacted or hereinafter amended
             (when any waiting period expires). Notwithstanding the foregoing,
             no Participant will be considered to have a Disability unless
             such doctor's determination or official Social Security
             determination is received by the Committee within twelve (12)
             months after the Participant's last day of active work with NTPL.
             The Committee shall determine the date on which the Disability
             shall have occurred if such determination is necessary.

     1.2.10  Distribution--The delivery of a number of NTPL shares correspondent
             to total NTPL Share Units credited to a Participant's Benefit
             Account upon separation from employment, upon the two year
             anniversary of the Plan, or upon a Change of Control of NTPL,
             which ever is earlier. At the time of the Distribution, or a
             reasonable time thereafter, the Participant shall deliver to NTPL
             cash in an amount necessary to satisfy the applicable federal,
             state and local income and payroll taxes on the Distribution.

     1.2.11  Effective Date--shall mean that date identified in Section 11.

     1.2.12  Employee--shall mean any person who is employed by NTPL. The term
             shall also include leased co-employees of NTPL selected at the
             sole discretion of the Plan Administrator.

     1.2.13  Enrollment Date--shall mean the first day of a payroll period or
             such other dates as the Plan Administrator may designate.

     1.2.14  NTPL--shall mean The Netplex Group, Inc.

     1.2.15  Participant--shall mean an Employee of NTPL who is designated as
             eligible to participate in this Plan at the sole discretion of the
             Plan Administrator and has an account balance in his Benefit
             Account.

     1.2.16  Plan--shall  mean the deferred  compensation  plan maintained by
             NTPL established for the benefit of Participants eligible to
             participate therein, as set forth in this Plan, and is referred
             to as the "THE NETPLEX GROUP, INC. EMPLOYEE DEFERRED COMPENSATION
             PLAN."

     1.2.17  Plan Administrator--shall mean the person or persons appointed by
             NTPL under Section 8.1.

     1.2.18  Plan Year--shall mean the twelve (12) consecutive month period
             ending on the last day of December in each year.

     1.2.19  Rules of Interpretation. Whenever appropriate, words used herein
             in the singular may be read in the plural, or words used herein
             in the plural may be read in the singular; the masculine may
             include the feminine and the feminine may include the masculine;
             and the words "hereof," "herein" or "hereunder" or other similar
             compounds of the word "here" shall mean and refer to this entire
             Plan and not to any particular paragraph or Section of this Plan
             unless the context clearly indicates to the contrary. The titles
             given to the various Sections of this Plan are inserted for
             convenience of reference only and are


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             not part of this Plan, and they shall not be considered in
             determining the purpose, meaning or intent of any provision
             hereof. Any reference in this Plan to a statute or regulation
             shall be considered also to mean and refer to any subsequent
             amendment or replacement of that statute or regulation. This
             document has been executed and delivered in the State of Virginia
             and has been drawn in conformity to the laws of that State and
             shall, except to the extent that federal law is controlling, be
             construed and enforced in accordance with the laws of the State of
             Virginia.

     1.2.20  Share Unit--Conversion amount of credit given a Participant's
             Benefit Account equal to the value of one NTPL share.


                                    SECTION 2

                                  PARTICIPATION

2.1. Eligibility. Participation in the Plan may be granted to any employee or
leased co-employee of NTPL, selected by NTPL at its sole discretion, who has the
capacity of making a substantial contribution to the success of NTPL ("Eligible
Employee").


                                    SECTION 3

                                  CONTRIBUTIONS

3.1. Deferred Compensation.

     3.1.1 Non-elective Deferral. NTPL may defer a percentage of a Participant's
           compensation into his Benefit Account on a non-elective basis,
           periodically as earned. The amount and frequency of these
           non-elective deferrals shall be determined by the Plan Administrator.

     3.1.2 Elective Deferral. Participants may, at the discretion of the Plan
           Administrator, make a prospective, irrevocable election to receive
           Share Units in lieu of some or all of their unearned cash
           compensation; either bonus or base compensation. In order to avoid
           constructive receipt of the deferred compensation, an election to
           receive NTPL share units in exchange for yet-to-be earned
           compensation shall be made in writing prior to the beginning of
           the calendar quarter in which the Participant would otherwise
           have the unqualified right to receive the compensation, and not
           later than the 15th of the month immediately preceding the
           quarter to which the election pertains. An exception to this rule
           will be made in the first Plan year. In that case, elections to
           exchange cash compensation may be made in the same calendar
           quarter in which the Participant would have otherwise had an
           unqualified right to receive the cash compensation; so long as
           the election is made at least two (2) calendar weeks before said
           unqualified right to receive the cash compensation would have
           arisen. Elections pertaining to bonus compensation must be made
           at least one month prior to the date on which the Participant
           would obtain an unqualified right to receive the money.

     3.1.3 Primary Limitations. In any event, the minimum elective deferral
           shall be $5,000 per Plan Year, except in the first Plan Year or where
           an Employee becomes newly eligible during the Plan Year.

3.2. Leaves of Absence. A Participant's Elective and Non-elective Deferrals will
remain in effect during an approved leave of absence with Compensation.



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                                    SECTION 4

                                BENEFIT ACCOUNTS

4.1  Status. This Plan is an unfunded Employee Deferred Compensation Plan. It
does not provide for the deposit of actual NTPL shares into any Participant's
Benefit Account. Each Participant's deferred compensation shall be converted
into Share Units at a ratio to be determined at the sole discretion of the Plan
Administrator. The Plan Administrator shall credit each Participant's Benefit
Account with a corresponding number of Share Units. The Plan Administrator shall
track such Share Units credited to each Participant's Benefit Account from the
date of conversion until Distribution as described in Section 6 of the Plan.

4.2  Deferral of Compensation.

     4.2.1 Non-elective Deferrals. A percentage of each Participant's
           Compensation may be deferred on a periodic and mandatory basis. The
           Plan Administrator shall determine this percentage at its sole
           discretion.

     4.2.2 Elective Deferrals. Notwithstanding the mandatory non-elective
           deferrals, a Participant may, at the sole discretion of the Plan
           Administrator, elect to defer additional amounts of Compensation
           under the terms of the Plan. Both bonus and base compensation
           elective deferrals will be converted into Share Units periodically as
           they are earned, and in a manner that is administratively practicable
           for NTPL. The Plan Administrator shall track and Distribute NTPL
           shares converted from elective deferrals in exactly the same manner
           as non-elective deferrals.

4.3  Operational Rules. The Committee shall determine the circumstances under
which a particular Benefit Account may be established, the minimum or maximum
amount or percentage compensation to be contributed to a Benefit Account, the
procedures for making or changing deferral elections. Any amounts deferred
(including amounts previously deferred) under the Plan will not be considered
made available to the Participant solely because the Participant is permitted to
elect to increase his participation in the Plan.

4.4  Account Options. The Committee shall have the power, from time to time, to
dissolve Benefit Accounts, to direct that additional Benefit Accounts be
established and, under rules established by the Committee, to withdraw or limit
participation in a particular Benefit Account.

4.5  Valuation of Fund. The Plan Administrator shall value Each Benefit Account
from time to time, but not less frequently than each Annual Valuation Date. This
valuation shall reflect, as nearly as possible, the then fair market value of
the assets comprising such Benefit Account, based on the estimated fair market
value of NTPL stock.

                                    SECTION 5

                               VESTING OF ACCOUNT

5.1. Vested Benefit. A Participant shall be considered to be 100% vested in his
or her Benefit Account from the date of deferral unless otherwise determined by
the Plan Administrator. Any such restrictions must be communicated to Eligible
Employees prior to the deferral elections to which the restriction applies. For
purposes of this provision, the term "vested" means an interest in the benefit
described under the Plan which may be payable to or on behalf of the

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Participant in accordance with the terms of the Plan.

5.2. Limitation on Benefits. The benefits that may be payable to or on behalf of
a Participant under the Plan shall be equal to the amounts credited to the
Participant's Benefit Account in accordance with the terms of the Plan.

                                    SECTION 6

                                  DISTRIBUTIONS

6.1  Form of Distribution. Each Participant eligible for Benefits under the Plan
shall receive a number of NTPL shares equal to the corresponding number of Share
Units credited to the Participant's Benefit Account as of the date of
Distribution. The share Distribution shall be reduced by the minimum shares
necessary to satisfy the applicable federal, state and local income and payroll
taxes.

6.2  Distribution Requirements. A Participant may not receive a Distribution
under the Plan prior to the occurrence of a distributable event set forth in
this Section 6.2. Amounts credited to a Participant's Benefit Account shall
become distributable in accordance with Section 7 upon the earliest to occur of
the following events:

          (a)  the Participant's "separation from service" with NTPL, whether
               voluntary or involuntary, as determined in accordance with
               Section 6.3;

          (b)  a Change of Control in accordance with Section 6.4; or

          (c)  the two year anniversary of the adoption of this Plan as defined
               in Section 11 of this Plan.

6.3  Separation from Service. An Employee is separated from service with NTPL if
the employee:

          (a)  is either voluntarily or involuntarily relieved of his duties at
               NTPL;

          (b)  is retired from NTPL,

          (c)  becomes Disabled while an Employee of NTPL, as defined in Section
               1.2.9 of this Plan, or

          (d)  becomes deceased while still an Employee of NTPL.

6.4  Change of Control. A Change in Control occurs in any one of the following
ways:

          (a)  the merger or consolidation of NTPL with or into another
               unaffiliated entity, or the merger of another unaffiliated entity
               unto NTPL or any subsidiary thereof with the effect that
               immediately after such transaction the stockholders of NTPL
               immediately prior to such transaction hold less than fifty
               percent (50%) of the total voting power of all securities
               generally entitled to vote in the election of directors, managers
               or trustees of the entity surviving such merger or consolidation,

          (b)  the sale, lease or other transfer of all or substantially all of
               NTPL's assets to an unaffiliated person or group (as such term is
               used in Section 13(d)(3) of the Securities Exchange Act of 1934m
               as amended) or the sale or transfer of more than fifty-one
               percent (51%) of NTPL's then outstanding voting stock (other than
               in a restructuring transaction which results in the continuation
               of NTPL's business by an affiliated entity) to such persons or
               group, or

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          (c)  the adoption by NTPL's shareholders of a plan relating to the
               liquidation or dissolution of NTPL.




                                    SECTION 7

                            DISTRIBUTION OF BENEFITS

7.1. Timing of Distribution.

     7.1.1 Separation from Employment. In the event a Plan Participant separates
           from employment, all Benefits held in that Participant's Benefit
           Account as of the date of separation from employment shall be
           distributed within 30 days of separation from employment in one
           Distribution.

     7.1.2 Change of Control. In the event a Plan Participant continues
           employment beyond a Change of Control, all Benefits held in that
           Participant's Benefit Account as of the Change of Control shall be
           distributed in one Distribution within 30 days of the Change of
           Control.

     7.1.3 Adoption of Plan. In the event a Plan Participant continues
           employment beyond the two year anniversary of the Adoption of this
           Plan, all Benefits held in that Participant's Benefit Account as of
           the two year anniversary of the Adoption of this Plan shall be
           distributed in one Distribution on such anniversary.

7.2. Transfers From This Plan. Notwithstanding any provisions of this Plan to
the contrary, any part of a former Participant's Benefit Account may, instead of
being distributed in accordance with this Section 7, be transferred to another
deferred compensation plan in which the former Participant has become a
participant as a consequence of retaining employment with an acquiring entity of
NTPL, provided the acquiring entity's deferred compensation plan allows for such
a transfer.

7.3. Designation of Beneficiaries.

     7.3.1.  Right to Designate. Each Participant may designate, upon forms to
be furnished by and filed with the Plan Administrator, one or more primary
Beneficiaries or alternative Beneficiaries to receive all or a specified part of
such Participant's Benefit Account in the event of such Participant's death. The
Participant may change or revoke any such designation from time to time without
notice to or consent from any Beneficiary. No such designation, change or
revocation shall be effective unless executed by the Participant and received by
the Plan Administrator during the Participant's lifetime.

     7.3.2.  Failure of Designation. If a Participant:

     (a) fails to designate a Beneficiary,

     (b) designates a Beneficiary and thereafter revokes such designation
     without designating another Beneficiary, or

     (c) designates one or more Beneficiaries and all such Beneficiaries so
     designated fail to survive the Participant,

such Participant's Benefit Account, or the part thereof as to which such
Participant's designation fails, as the case

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may be, shall be payable to the Participant's surviving spouse, or, if no spouse
survives the Participant, then to the representative of the Participant's
estate.

          7.3.3.  Definitions. When used herein and, unless the Participant has
otherwise specified in the Participant's Beneficiary designation, when used in a
Beneficiary designation, "issue" means all persons who are lineal descendants of
the person whose issue are referred to, subject to the following:

         (a) a legally adopted child and the adopted child's lineal descendants
         always shall be lineal descendants of each adoptive parent (and of each
         adoptive parent's lineal ancestors);

         (b) a legally adopted child and the adopted child's lineal descendants
         never shall be lineal descendants of any former parent whose parental
         rights were terminated by the adoption (or of that former parent's
         lineal ancestors); except that if, after a child's parent has died, the
         child is legally adopted by a stepparent who is the spouse of the
         child's surviving parent, the child and the child's lineal descendants
         shall remain lineal descendants of the deceased parent (and the
         deceased parent's lineal ancestors);

         (c) if the person (or a lineal descendant of the person) whose issue
         are referred to is the parent of a child (or is treated as such under
         applicable law) but never received the child into that parent's home
         and never openly held out the child as that parent's child (unless
         doing so was precluded solely by death), then neither the child nor the
         child's lineal descendants shall be issue of the person.

"Child" means an issue of the first generation; "per stirpes" means in equal
shares among living children of the person whose issue are referred to and the
issue (taken collectively) of each deceased child of such person, with such
issue taking by right of representation of such deceased child; and "survive"
and "surviving" mean living after the death of the Participant.

          7.3.4.  Special Rules. Unless the Participant has otherwise specified
in the Participant's Beneficiary designation, the following rules shall apply:

         (a) If there is not sufficient evidence that a Beneficiary was living
         at the time of the death of the Participant, it shall be deemed that
         the Beneficiary was not living at the time of the death of the
         Participant.

         (b) If the Participant designates as a Beneficiary the person who is
         the Participant's spouse on the date of the designation, either by name
         or by relationship, or both, and thereafter the marriage between the
         Participant and such person is dissolved, annulled or otherwise legally
         terminated, then such person shall be deemed to have predeceased the
         Participant; provided, however, that if the Participant designates such
         person as a Beneficiary on a form executed by the Participant and
         received by the Plan Administrator after the date of the legal
         termination of the marriage between the Participant and such person,
         and during the Participant's lifetime, then such person shall not be
         deemed to have predeceased the Participant (unless such person shall
         have in fact predeceased the Participant).

         (d) Any designation of a nonspouse Beneficiary by name that is
         accompanied by a description of relationship to the Participant shall
         be given effect without regard to whether the relationship to the
         Participant exists either then or at the Participant's death.

         (e) Any designation of a Beneficiary only by statement of relationship
         to the Participant shall be effective only to designate the person
         standing in such relationship to the Participant at the Participant's
         death.

A Beneficiary designation is permanently void if it either is executed or is
filed by a Participant who, at the time of such execution or filing, is then a
minor under the law of the state of the Participant's legal residence. The
Committee shall be the sole judge of the content, interpretation and validity of
a purported Beneficiary designation.

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         7.3.5. Facility of Payment. In case of the legal disability, including
minority, of a Participant or Beneficiary entitled to receive any distribution
under the Plan, payment shall be made pursuant to Section 6.1, if the Committee
shall be advised of the existence of such condition:

         (a) to the duly appointed guardian, conservator or other legal
         representative of such Participant or Beneficiary, or

         (b) to a person or institution entrusted with the care or maintenance
         of the incompetent or disabled Participant or Beneficiary, provided,
         however, that such person or institution has satisfied the Committee
         that the payment will be used for the best interest and assist in the
         care of such Participant or Beneficiary, and provided further, that no
         prior claim for said payment has been made by a duly appointed
         guardian, conservator or other legal representative of such Participant
         or Beneficiary.

Any payment made in accordance with the foregoing provisions of this Section
shall constitute a complete discharge of any liability or obligation of NTPL and
the Committee.

                                    SECTION 8

                               PLAN ADMINISTRATION

8.1. Committee.

         8.1.1. Administrator. The administrator of the Plan shall be NTPL.
Except as hereinafter provided, NTPL shall appoint a Committee to act for and on
behalf of NTPL with respect to the administration of the Plan. The Committee may
delegate authority with respect to the administration of the Plan as herein
provided as it deems necessary or appropriate for the administration and
operation of the Plan.

         8.1.2.  Appointment and Removal. The members of the Committee shall
serve at the pleasure of NTPL and shall (unless NTPL determines otherwise)
consist of those persons designated by NTPL. Members of the Committee shall
serve without compensation.

         8.1.3. Automatic Removal. If any individual no longer satisfies the
requirements established by NTPL for serving on the Committee, then such
individual shall be automatically removed as a member of the Committee at the
earliest time such individual ceases to satisfy such requirements. This removal
shall occur automatically and without any requirement for action by NTPL or any
notice to the individual so removed.

         8.1.4. Authority. The Committee shall be authorized to act for and on
behalf of NTPL with respect to the administration and operation of the Plan. The
Committee shall have sole discretionary responsibility for the operation,
interpretation and administration of the Plan and for determining eligibility
for Plan benefits. Any benefits payable under this Plan will be paid only if the
Committee decides in its discretion that the applicant is entitled to them. Any
action taken on any matter within the discretion of the Committee shall be
final, conclusive and binding on all parties. In order to discharge its duties
hereunder, the Committee shall have the power and authority to adopt, interpret,
alter, amend or revoke rules and regulations necessary to administer the Plan,
to delegate ministerial duties and to employ such outside professionals as may
be required for prudent administration of the Plan.

         8.1.5 Indemnification. NTPL will indemnify and hold harmless each
current and former member of the Committee against any and all expenses and
liabilities arising out of such member's action or failure to act in such
capacity, excepting only expenses and liabilities arising out of such member's
own willful misconduct or gross negligence.

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8.2.    Conflict of Interest. If any Employee of NTPL to whom authority has been
delegated or redelegated hereunder shall also be a Participant in the Plan, such
Participant shall have no authority as such Employee or member with respect to
any matter specially affecting such Participant's individual interest hereunder
or the interest of a person superior to him or her in the organization (as
distinguished from the interests of all Participants and Beneficiaries or a
broad class of Participants and Beneficiaries), all such authority being
reserved exclusively to the other Employees or members as the case may be, to
the exclusion of such Participant, and such Participant shall act only in such
Participant's individual capacity in connection with any such matter.

8.3     Insolvency. If NTPL is Insolvent, no Benefits shall be payable under
this plan. NTPL shall be considered "Insolvent" for purposes of this Trust
Agreement if (1) NTPL is unable to pay its debts as they become due or (2) NTPL
is subject to a pending proceeding as a debtor as defined in Article 3(x)(1) of
the Federal Deposit Insurance Act.

8.4.    Spendthrift Provision. No Participant or Beneficiary shall have any
power to anticipate, alienate, dispose of, pledge or encumber any amounts
credited to any Benefit Account under the Plan, nor shall NTPL recognize any
assignment thereof, either in whole or in part, nor shall any amounts credited
to any Benefit Account under the Plan be subject to attachment, garnishment,
execution following judgment or other legal process.

The power to designate Beneficiaries to receive the amounts credited to the
Benefit Account of a Participant in the event of such Participant's death shall
not permit or be construed to permit such power or right to be exercised by the
Participant so as thereby to anticipate, pledge, mortgage or encumber such
Participant's Account or any part thereof, and any attempt of a Participant so
to exercise said power in violation of this provision shall be of no force and
effect and shall be disregarded by NTPL.

This Section shall not prevent NTPL from exercising, in its discretion, any of
the applicable powers and options granted to it upon the occurrence of a
distributable event described in Section 6.1, as such powers may be conferred
upon it by any applicable provision hereof.

                                    SECTION 9

                            AMENDMENT AND TERMINATION

9.1.    Amendment of Plan. NTPL shall have the right to amend the Plan, at any
time and from time to time, in whole or in part in the same manner as any other
action which may be taken by NTPL. NTPL shall notify the Participants of any
Plan amendment.

9.2.    Plan Termination. Although NTPL has established this Plan with the
intention and expectation to maintain the Plan indefinitely, NTPL may terminate
or discontinue the Plan in whole or in part at any time without any liability
for such termination or discontinuance. Upon Plan termination, all Deferrals
shall cease. Each Participant's Benefit Account shall remain in tact until
Distribution of Benefits commences pursuant to Section 7.

                                   SECTION 10

                                  MISCELLANEOUS

10.1.   Claims Procedure. Until modified by the Committee, the claims procedure
set forth in this Section 10.1 shall be the claims procedure for the resolution
of disputes and disposition of claims arising under the Plan. An application for
a Distribution under Section 7 shall be considered as a claim for the purposes
of this Section.

        10.1.1. Original Claim. Any Employee, former Employee, or Beneficiary of
such Employee or former

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Employee may, if the Employee, former Employee or Beneficiary so desires, file
with the Committee a written claim for Benefits under the Plan. Within ninety
(90) days after the filing of such a claim, the Committee shall notify the
claimant in writing whether the claim is upheld or denied in whole or in part or
shall furnish the claimant a written notice describing specific special
circumstances requiring a specified amount of additional time (but not more than
one hundred eighty days from the date the claim was filed) to reach a decision
on the claim. If the claim is denied in whole or in part, the Committee shall
state in writing:

         (a) the specific reasons for the denial,

         (b) the specific references to the pertinent provisions of this Plan on
             which the denial is based,

         (c) a description of any additional material or information necessary
             for the claimant to perfect the claim and an explanation of why
             such material or information is necessary, and

         (d) an explanation of the claims review procedure set forth in this
             Section.

         10.1.2.  Claims Review Procedure. Within sixty (60) days after receipt
of notice that the claim has been denied in whole or in part, the claimant may
file with the Committee a written request for a review and may, in conjunction
therewith, submit written issues and comments. Within sixty (60) days after the
filing of such a request for review, the Committee shall notify the claimant in
writing whether, upon review, the claim was upheld or denied in whole or in part
or shall furnish the claimant a written notice describing specific special
circumstances requiring a specified amount of additional time (but not more than
one hundred twenty days from the date the request for review was filed) to reach
a decision on the request for review.

         10.1.3.  General Rules.

         (a) No inquiry or question shall be deemed to be a claim or a request
         for a review of a denied claim unless made in accordance with the
         claims procedure. The Committee may require that any claim for benefits
         and any request for a review of a denied claim be filed on forms to be
         furnished by the Committee upon request.

         (b) All decisions on claims and on requests for a review of denied
         claims shall be made by the Committee.

         (c) The Committee may, in its discretion, hold one or more hearings on
         a claim or a request for a review of a denied claim.

         (d) Claimants may be represented by a lawyer or other representative at
         their own expense, but the Committee reserves the right to require the
         claimant to furnish written authorization. A claimant's representative
         shall be entitled to copies of all notices given to the claimant.

         (e) The decision of the Committee on a claim and on a request for a
         review of a denied claim shall be served on the claimant in writing. If
         a decision or notice is not received by a claimant within the time
         specified, the claim or request for a review of a denied claim shall be
         deemed to have been denied.

         (f) Prior to filing a claim or a request for a review of a denied
         claim, the claimant or the claimant's representative shall have a
         reasonable opportunity to review a copy of this Plan and all other
         pertinent documents in the possession of NTPL and the Committee.

         (g) The Committee may, in its discretion, rely upon any applicable
         statute of limitations as a basis for denial of any claim.

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<PAGE>

       10.1.4. Exhaustion of Administrative Remedies. No Employee, former
Employee, or Beneficiary of such Employee or former Employee may commence any
legal action to recover Plan benefits or to enforce or clarify rights under the
Plan, or under any provisions of law, whether or not statutory, until the claims
and review procedures set forth herein have been exhausted in their entirety.

10.2.  Information Furnished by Participants. Neither NTPL nor the Committee
shall be liable or responsible for any error in the computation of the Benefit
Account of a Participant resulting from any misstatement of fact made by the
Participant, directly or indirectly, to NTPL or the Committee and used by them
in determining the Participant's Benefit Account. Neither NTPL nor the Committee
shall be obligated or required to increase the Benefit Account of such
Participant which, on discovery of the misstatement, is found to be understated
as a result of such misstatement of the Participant. However, the Account of any
Participant which is overstated by reason of any such misstatement shall be
reduced to the amount appropriate for the Participant in view of the truth and
such amount shall be allocated and reallocated to the Benefit Account of the
Participants in the Plan.

10.3.  Term of Employment. Neither the terms of this Plan nor the benefits
hereunder nor the  continuance  thereof shall be a term of the employment of any
Employee. NTPL shall not be obliged to continue the Plan. The terms of this Plan
shall not give any Employee the right to be retained in the employment of NTPL.

10.4.  Representations. NTPL does not represent or guarantee that any particular
federal or state income, payroll, personal property or other tax consequence
will result from participation in this Plan. A Participant should consult with
professional tax advisors to determine the tax consequences of participation.
Furthermore, NTPL does not represent or guarantee successful investment of
Deferrals and shall not be required to restore any loss which may result from
such investment or lack of investment.

10.5.  Severability. If a court of competent jurisdiction holds any provision of
this Plan to be invalid or unenforceable, the remaining provisions of this Plan
shall continue to be fully effective.

10.6.  Applicable Law. This Plan shall be construed in accordance with
applicable federal law and, to the extent otherwise  applicable, the laws of the
State of Virginia.

                                   SECTION 11

                                    ADOPTION

Execution of this document serves to effectuate the existence of this The
Netplex Group, Inc. Deferred Compensation Plan.



         IN WITNESS WHEREOF, this The Netplex Group, Inc. Deferred Compensation
Plan is duly executed by NTPL, effective as of August 6, 2001.


                                  By: __________________________________________

                                Title: _________________________________________

                                Signature: _____________________________________

                                 Date: _________________________________________



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