| |   |                        
| | - | -----------------------
| | * | Material deleted       
| |   | pursuant to Application
| |   | for Confidential       
| |   | Investment             

Exhibit 10.6

ASSIGNMENT AND AMENDMENT OF
EMPLOYMENT AGREEMENT

THIS ASSIGNMENT AND AMENDMENT of employment agreement made as of the 12th
day of September, 2000, by and between Stockwalk.com Group, Inc., a Minnesota
corporation (Stockwalk), Online Brokerage Solutions, Inc. (OBS) and Robert
J. Vosburgh (Vosburgh).

WITNESSETH

WHEREAS, Stockwalk and Vosburgh entered into an Employment Agreement dated
as of August 1, 1999, which agreement was amended by the parties on November
11, 1999 (Agreement); and

WHEREAS, Stockwalk has restructured its business so that its online
private label business will be run in OBS and Stockwalk and Vosburgh desire to
assign the Agreement to OBS and to otherwise clarify and amend the Agreement.

NOW THEREFORE, in consideration of the premises and the mutual covenants
and conditions contained herein, the parties hereto agree as follows:



|1. |  | For value received, the adequacy and receipt of which are hereby
acknowledged, Stockwalk hereby sells, conveys, assigns, transfers and
delivers to OBS, its successors and assigns, to have and to hold forever,
all of Stockwalks right, title and interest in, to and under the
Agreement. Vosburgh hereby consents to the assignment of the rights and
obligations of Stockwalk under the Agreement by OBS. In connection with
the assignment of the Agreement and effective the date of this Assignment
and Amendment, Vosburgh resigns from any and all offices held by him in
Stockwalk, including but not limited to Executive Vice President, Chief
Operating Officer and Stockwalk hereby accepts such resignations.
|-- |  | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|  
|2. |  | In connection with Stockwalks conveyance, assignment, transfer and
delivery of the Agreement, OBS agrees to assume and pay or perform,
promptly as they become due, the obligations of Stockwalk under the
Agreement.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
|  
|3. |  | All references in the Agreement to Stockwalk shall be replaced with OBS
to reflect the Assignment of the Agreement to OBS.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
|  
|4. |  | Paragraph 1 of the Agreement is replaced with the following paragraph:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
|  
|   |  | Employment. Subject to the terms and conditions hereof, the Company
shall employ Employee and Employee agrees to be so employed in the
capacity of Chief Executive Officer until December 31, 2005. This
Agreement shall automatically renew for successive one-year terms
thereafter unless the Company shall have provided Employee with written
notice of the Companys intent not to renew by December 1, 2005 and by
each December 1 thereafter.                                                                                                                                                                                                                                                                         
|  
|5. |  | Section 4 of the Agreement shall be deleted in its entirety and replaced
with the following paragraph:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        



| |  | Company shall pay Vosburgh a bonus amount on September 30, 2000 and each
quarter thereafter based on the number of net new qualifying private label
customer accounts of OBS times $10. The calculation shall cover net new
qualifying accounts. A qualifying account for purposes hereof shall be
defined as a private label customer account of OBS that has completed at
least five (5) securities transactions on an annualized basis. No bonus
will be paid where the total number of qualifying accounts at the end of a
quarterly period does not exceed the greatest number of qualifying accounts
in any previous period. Example Calculation: If there are 50 qualifying OBS
private label customer accounts as of Q1, 3700 as of Q2, 3500 as of Q3,
| |  | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Exhibit 10.6-1



---





| |  | and 3600 as of Q4 the quarterly bonus payment will be as follows:
| |  | -----------------------------------------------------------------

|        |                     |            |               |  |  |  |      |  |  |   |       | 
|------- | ------------------- | ---------- | ------------- |  |  |  | ---- |  |  | - | ----- | 
|        |                     | Number    
|Quarter | Qualifying Accounts | Net Number | Bonus Payment
|        |                     |            |              
|Q1      |                     |            | 50            |  |  |  | 50   |  |  | $ | 500   | 
|       
|       
|       
|       
|Q2      |                     |            | 3700          |  |  |  | 3650 |  |  |   | 36500 | 
|       
|       
|       
|       
|Q3      |                     |            | 3500          |  |  |  | -200 |  |  |   | 0     | 
|       
|       
|       
|       
|Q4      |                     |            | 3600          |  |  |  | +100 |  |  |   | 0     | 



| |  |  | The amount of the quarterly bonus payment shall be guaranteed to equal at
least Fifteen Thousand and no/100 Dollars ($15,000.00) for the first five
(5) quarterly payments after the date of this Assignment and Amendment
(i.e., September 30, 2000; December 31, 2000; March 30, 2001; June 30,
2001; and September 30, 2001).
| |  |  | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|6. |  | In the event of a change of control of the Stockwalk, Vosburgh shall be
entitled to the immediate vesting of all stock options then held by him. A
change of control shall be deemed to have occurred if at any time or
from time to time after the date of this Agreement:
|-- |  | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (i)  |  | Any person or group is or becomes the beneficial owner
directly or indirectly, of securities of the Company representing
fifty percent (50%) or more of the combined voting power of the
Companys then outstanding securities, or                                                                                                                                                                                                                                                                                                                                                                                          
| | ---- |  | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
| | (ii) |  | The shareholders of the Company approve a merger or
consolidation of the Company with any other corporation, other than
a merger or consolidation which would result in the voting
securities of the Company continuing to represent more than 50
percent (50%) of the combined voting power of the voting securities
of the Company or such surviving entity outstanding immediately
after such merger or consolidation, or the shareholders of the
Company approve a plan of complete liquidation of the Company or an
agreement for the sale or disposition by the Company of all or
substantially all of the Companys assets.



|7. |  | The parties agree that the Company would be substantially harmed if the
Employee competes with the Company or any of its affiliates (including any
past, present or future affiliate of Stockwalk) during employment with the
Company or after termination of employment with the Company. In exchange
for benefits provided to the Employee hereunder, the Employee agrees that
during his employment with the Company, and for a period of one year after
termination of such employment for any reason the Employee will not
directly or indirectly, without the written consent of the Company:
|-- |  | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (i)   |  | Engage in or begin any online securities business competitive
with the Company or any of its affiliates (including any past,
present or future affiliate of Stockwalk) in any product or
geographic market in which the Company or any of its affiliates is
then engaged in the online securities business. Engage in means
to directly or indirectly, and whether as a principal, agent,
employee, consultant, through an affiliate, or otherwise, alone or
in association with any individual or any other entity, carry on, be
engaged or take part in, or own, share in the earnings of, or invest
more than Fifty Thousand Dollars ($50,000) in the stocks, bonds, or
other securities of, any entity engaged in such businesses in such
area. Affiliates means, as to any party, any entity with
controls, or is under common control with, such party.
| | ----- |  | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
| | (ii)  |  | Solicit or hire any person now, heretofore or hereafter
employed or retained by the Company or any of its affiliates as
employee, agent or independent contractor to work for or with
Employee, directly or indirectly, as an employee, partner, agent,
independent contractor or otherwise, in a business enterprise
competitive with that of the Company or any of its past affiliates.                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
|
| | (iii) |  | Vilify, disparage or otherwise slander or defame the
business or business practices of the Company or their                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      

Exhibit 10.6-2



---





| |                                   
| | ----------------------------------
| | officers, directors, or employees.



|   |  | Notwithstanding the foregoing, the term of this covenant not to compete
shall be ninety (90) days instead of one year if and only if Employee
remains employed with the Company through December 31, 2005.                                                                                                                                                                                                                                                                                               
|-- |  | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|  
|8. |  | Provided Employee is employed on the payment date, the Company shall pay
Employee a bonus amount of Twenty-Five Thousand Dollars ($25,000) upon
public announcement of a letter of intent with * or an affiliate
thereof. Provided Employee is employed on the payment date, the Company
shall pay Employee a bonus amount of Twenty-Five Thousand Dollars
($25,000) upon execution and public announcement of a private label
agreement from * to enter into a private label agreement with the
Company.
|  
|9. |  | Except as hereinabove supplemented and amended, all of the terms,
covenants and conditions of the Agreement are hereby ratified and
confirmed.                                                                                                                                                                                                                                                                                                                                                           

| |                                  |                                              
| | -------------------------------- | ---------------------------------------------
| | Stockwalk.com Group, Inc.       
|
| | By: /s/ Philip T. Colton        
| |                                  | Its:  Senior Vice President & General Counsel
|
| | Online Brokerage Solutions, Inc.
|
| | By: /s/ Philip T. Colton        
| |                                  | Its: General Counsel                         
|
| | /s/ Robert J. Vosburgh          
| |                                  | Robert J. Vosburgh                           

Exhibit 10.6-3