|EMPLOYMENT AGREEMENT



This
Employment Agreement (the Agreement), is made and entered into this 27th day of
June, 2000, by and between Credit Management Solutions, Inc., a Delaware
corporation with principal offices located at 135 National Business Parkway, Annapolis
Junction, Maryland 20701 (the Company), and Robert Vollono (the Executive).

WITNESSETH


WHEREAS,
the Company has a need for the Executives personal services in an executive capacity; and


WHEREAS,
the Executive possesses the necessary strategic, financial, planning, operational and
managerial skills necessary to fulfill those needs;


WHEREAS,
the Executive and the Company desire to have a formal Employment Agreement to fully
recognize the contributions of the Executive to the Company and to assure continuous
harmonious performance of the affairs of the Company.



WHEREAS,
the Executive and the Company entered into an Employment Agreement dated March 22, 2000, and
whereas the parties wish to amend and replace that agreement with this Agreement, as set forth in Section 7(m) below.


NOW,
THEREFORE, in consideration of the mutual promises, terms, provisions, and conditions
contained herein, the receipt and sufficiency of which is hereby acknowledged, the
parties agree as follows:


1.
Definitions. For purposes of this Agreement, the following capitalized terms shall have
the following meanings:


a.
Affiliate means any person or entity (i) that directly or indirectly owns more than
fifty percent (50%) of the Voting Stock (as defined below) of the Company, or (ii) more
than fifty percent (50%) of the Voting Stock of which is directly or indirectly owned by
the Company, or (iii) more than fifty percent (50%) of the Voting Stock of which is
directly or indirectly owned by another person or entity that directly or indirectly owns
more than fifty percent (50%) of the Voting Stock of the Company.


b.
Change of Control of a company means the occurrence of any of the following:
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (i)
any person, as such term is currently used in Section 13(d) of the Securities Exchange
Act of 1934, becomes a beneficial owner, as such term is currently used in Rule 13d-3
promulgated under that Act of fifty percent (50%) or more of the Voting Stock of the
company;
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (ii)
a majority of the Board of Directors of the company consists of individuals other than
Incumbent Directors, which term means the members of the Board on the date hereof;
provided that any individual becoming a director subsequent to such date whose election
or nomination for election was supported by two-thirds of the directors who then
comprised the Incumbent Directors shall be considered to be an Incumbent Director;
| | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

---

| | (iii)
the Board of Directors of the company adopts any plan of liquidation providing for the
distribution of all or substantially all of the companys assets;
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (iv)
all or substantially all of the assets or business of the company are disposed of in any
one or more transactions pursuant to a merger, consolidation or other transaction (unless
the shareholders of the company immediately prior to such merger, consolidation or other
transaction beneficially own, directly or indirectly, in substantially the same
proportion as they owned the Voting Stock of the company, all of the Voting Stock or
other ownership interests of the entity or entities, if any, that succeed to the business
of the company); provided, however, that this subsection (iv) shall not apply in the
event of a merger or consolidation of the Company with an Affiliate; or
| | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (v)
the company combines with another company and is the surviving corporation but,
immediately after the combination, the shareholders of the company immediately prior to
the combination hold, directly or indirectly, fifty percent (50%) or less of the Voting
Stock of the combined company, (there being excluded from the number of shares held by
such shareholders, but not from the Voting Stock of the combined company, any shares
received by affiliates of such other company in exchange for securities of such other
company); provided, however, that this subsection (v) shall not apply in the event of a
combination of the Company with an Affiliate.
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|c.
Good Reason means any of the following events:
|---------------------------------------------------

| | (i)
a reduction in annual Salary (as defined below);
| | ----------------------------------------------------

| | (ii)
a failure by the Company, or Affiliate by which the Executive is employed, to provide
fringe benefits comparable to those offered to the Executives peer executives;
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (iii)
the failure of the Company, or Affiliate by which the Executive is employed, to obtain by
operation of law or otherwise the assumption of its obligations to perform this Agreement
from any successor to all or substantially all of the assets of the Company or such
Affiliate; or
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (iv)
a relocation of the Executives worksite to a location which increases the distance from
the Executives home to his worksite by more than fifty (50) miles.
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------

|d. | Good
Reason Upon Change In Control means any of the following events provided the event
occurs either (i) less than eighteen (18) months after a Change in Control of the Company, or an Affiliate if the Executive
is employed at that time by such Affiliate or the
Company or (ii) during one-hundred and eighty (180) days or shorter time period between (x) the execution by Company (or such
Affiliate) and a third party of a letter of intent or term sheet reflecting the terms of such Change in Control, or receipt by the Company (or such Affiliate) of a written offer from a third party reflecting such
Change in Control, and (y) the effective date of such Change in Control:
|-- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (A)
any of the events which constitute Good Reason under Section 1(c) above;
| | ----------------------------------------------------------------------------

| | (B)
a material diminution in the Executives duties or responsibilities; provided that a
diminution shall not be deemed to have occurred solely because that Executive no longer
has duties and responsibilities for a particular Affiliate as long as the Executive
continues to have the same level, type and scope of duties and responsibilities as he had
prior to the Change in Control; or
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

---

| | (C)
the assignment to the Executive of duties that materially impair his ability to perform
the duties normally assigned to a person of his title and position at a corporation of
the size and nature of the Company or Affiliate by which the Executive is employed (as
applicable).
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|e.
Voting Stock means the issued and outstanding capital stock or other securities of any
class or classes having general voting power under ordinary circumstances, in the absence
of contingencies, to elect the directors of a corporation.


f.
Termination Without Cause Upon Change in Control means termination of the Executives
employment without Cause (as defined in Section 5(a) below) either (i) less than eighteen (18)
months after a Change in Control of  the Company or an Affiliate  if the
Executive is employed at that time by such Affiliate or the Company, (ii) during one-hundred and eighty (180) days or shorter time period between (x) the execution by Company (or such
Affiliate) and a third party of a letter of intent or a term sheet reflecting the terms of such Change in Control, or receipt by the Company (or such Affiliate) of a written offer from a third party reflecting such
Change in Control, and (y) the effective date of such Change in Control.


2. Position.


The
Company hereby agrees to continue to employ the Executive to serve in the role of
Chief Financial Officer of the Company and each of its Affiliates. The Company reserves the right to
change the Executives title, duties and/or responsibilities, and to reassign the
Executive to or from any Affiliate. The Executive accepts such employment upon the terms
and conditions set forth herein, and further agrees to perform to the best of his
abilities the duties generally associated with his position, as well as such other duties
as may be reasonably assigned by the Board of Directors of the Company (the Board), the
Chief Executive Officer or President of the Company, and, if the Executive is employed by
an Affiliate, the Chief Executive Officer, President or Board of Directors of such
Affiliate. The Executive shall perform his duties diligently and faithfully and shall
devote his full business time and attention to such duties. Each partys rights and
obligations under this Section 2 are subject to Section 5 below.


3. Term of Employment and Renewal.


The
term of the Executives employment under this Agreement (the Term) will commence on the
date of this Agreement (the Effective Date) and continue until terminated in accordance
with Section 5 below.


4. Compensation and Benefits.


(a)
Salary. Commencing on the Effective Date, the Company agrees to pay the Executive a base
salary at an annual rate of one hundred and seventy-five thousand Dollars ($175,000), payable
in such installments as is the policy of the Company (the Salary), but no less
frequently than monthly. Thereafter, the Company shall evaluate the Executives Salary
from time to time and make adjustments, in its discretion, subject to the rights and
obligations set forth in Section 5 below.
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

---

|(b)
Bonus. In its sole discretion, the Company may make the Executive eligible to receive
bonuses based on criteria to be determined by the Company and issued to the Executive in
writing, in which event the Executive shall be entitled to receive such bonuses in
accordance with such criteria.


(c)
Benefits. The Executive shall be entitled to participate in all employee benefit plans
which the Company provides or may establish from time to time for the benefit of its
employees, including, without limitation, group life, medical, surgical, dental and other
health insurance, short and long-term disability, deferred compensation, profit-sharing
and similar plans. The Executive shall also be entitled to one hundred eighty four (184)
hours of paid leave per year of employment, plus sick leave in accordance with standard Company policy. Two-thirds of any unused portion of such paid
leave shall be considered to be vacation and, therefore, shall be paid to the Executive
upon his cessation of employment with the Company. The Company will provide term life
insurance for the Executive with benefits equal to his annual Salary, up to a maximum of
four hundred thousand dollars ($400,000). The Company may also purchase one or more key
man insurance policies on the Executives life, each of which will be payable to and
owned by the Company. The Company, in its sole discretion, may select the amount and type
of key man life insurance purchased, and the Executive will have no interest in any such
policy. The Executive will cooperate with the Company in securing this key man insurance,
by submitting to all required medical examinations, supplying all information and
executing all documents required in order for the Company to secure the insurance


(d)
Stock Options. In the sole discretion of the Board, the Company may from time to time
issue the Executive stock option grants under the Companys stock option plan and a stock
option agreement, in which event the Executive shall be entitled to such options in
accordance with such plan and agreement(s), subject however to the provisions of this
Agreement regarding stock options.


(e)
Expenses. The Company shall pay or reimburse the Executive for all reasonable
out-of-pocket expenses actually incurred by the Executive during the Term in performing
services hereunder, provided that the Executive properly accounts for such expenses in
accordance with the Companys policies. The Company shall pay the Executive an automobile
allowance of no less than five hundred dollars ($500) per month through normal payroll
procedures, and such allowance shall be reported as income on the Executives year-end
W-2 form. The Executive shall be responsible for submitting automobile expense
reimbursement requests to the extent he wishes to convert any portion of the allowance to
an expense reimbursement. The Company shall reimburse the Executive for cellular
telephone expenses associated with business use.


5. Termination and Severance.


(a)
Termination by the Company for Cause. Notwithstanding anything to the contrary in this
Agreement, the Company may terminate the Executives employment for Cause at any time,
upon written notice to the Executive setting forth in reasonable detail the nature of
such Cause. For purposes of this Agreement, Cause is defined as (i) the Executives
continued failure to perform his duties (other than due to physical incapacity or
illness) after thirty (30) days written notice and opportunity to cure; (ii) the
Executives conviction of any felony; (iii) the Executives material misrepresentation of
his professional qualifications; (iv) willful or reckless conduct by the Executive
injurious to the Company or any Affiliate; or (v) the Executives commission of fraud or
malfeasance. Upon the termination for Cause of the Executives employment, the Company
and its Affiliates shall have no further obligation or liability to the Executive other
than for Salary earned prior to the date of termination and any accrued but unused
vacation.
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

---

|(b)
Termination by the Company Without Cause. Notwithstanding anything to the contrary in
this Agreement, the Executives employment hereunder may be terminated at any time
without Cause by the Company upon fourteen (14) days written notice to the Executive,
provided, however, that if the Company terminates the Executives employment without
Cause the Company shall (i) pay the Executive on the effective date of termination all
earned and unpaid Salary, earned and unpaid bonuses, and accrued and unused vacation;
(ii) continue to pay the Executive the Salary and shall provide medical, life and
disability coverage, under the same conditions as exist at the time of termination, for a
six (6) month period beginning on the effective date of the termination; and (iii)
notwithstanding anything to the contrary in any stock option agreement, any unvested
stock options granted to the Executive shall accelerate and vest in full on the effective
date of termination, and the Executive may exercise such options at any time up to two-hundred seventy (270) days after the effective date of termination of his employment. As a condition of receiving such benefits pursuant to this
Agreement, the Executive shall execute and deliver to the Company prior to his receipt of
such benefits a general release substantially in the form attached hereto as Exhibit A provided the Company executes such release and delivers an executed counterpart to the Executive.
Notwithstanding anything to the contrary in this Section 5(b), if the termination
constitutes a Termination Without Cause Upon Change in Control, then the Executive shall
receive the benefits set forth in Section 5(d) below rather than as set forth in this
Section 5(b).


(c)
Termination by the Executive. Notwithstanding anything to the contrary in this Agreement,
the Executive may terminate his employment hereunder upon thirty (30) days written notice
to the Company provided that the Company may pay the Executive his Salary in lieu of any
portion of such notice period. The Executive may also terminate his employment hereunder
after giving the Company written notice no more than thirty (30) days after the
occurrence of an event which constitutes Good Reason, in which event the Company shall
(i) pay the Executive on the effective date of termination all earned and unpaid Salary,
earned and unpaid bonuses, and accrued and unused vacation; (ii) continue to pay the
Executive the Salary and shall provide medical, life and disability coverage, under the
same conditions as exist at the time of termination, for a six (6) month period beginning
on the effective date of the termination provided the Company executes such release and delivers an executed counterpart to the Executive; and (iii) notwithstanding anything to the
contrary in any stock option agreement, any unvested stock options granted to the
Executive shall accelerate and vest in full on the effective date of termination and the Executive may exercise such options at any time up to two-hundred seventy
(270) days after the effective date of termination of his employment. As a
condition of receiving such benefits pursuant to this Agreement, the Executive shall
execute and deliver to the Company prior to his receipt of such benefits a general
release substantially in the form attached hereto as Exhibit A provided the Company executes such release and delivers an executed counterpart to the Executive. Notwithstanding anything
to the contrary in this Section 5(c), if the Executive terminates his employment for Good
Reason Upon Change in Control, then the Executive shall receive the benefits set forth in
Section 5(d) below rather than as set forth in this Section 5(c).
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

---

|(d)
Termination By Company or Executive After Change in Control. Notwithstanding anything to
the contrary in this Agreement, in the event of a Termination Without Cause Upon Change
in Control, or termination by the Executive for Good Reason Upon Change in Control, the
Company shall provide the Executive the following benefits: (i) all earned and unpaid
Salary and bonuses; (ii) all accrued and unused vacation; (iii) a lump sum payment equal
to 2.99 times the Executives average annual cash compensation during the previous five
(5) years (or, if the Executive has been employed by the Company for a shorter period,
then the average during such shorter period); (iv) notwithstanding anything to the
contrary in any stock option agreement, upon the Executive acknowledging in a signed
writing the surrender of all his rights to vested and unvested stock options granted to
him by the Company, a lump sum equal to the difference between the exercise price of such
stock options and the higher of (x) the fair market value of the option shares on the
effective date of the termination, or (y) the highest effective price paid for the
Companys common stock by any acquirer in connection with the Change in Control; (v)
medical, life and disability coverage for a period of twelve (12) months after the
effective date of the termination, or until the Executive receives comparable coverage
from another employer, whichever occurs first; and (vi) all accrued retirement and
deferred compensation plans vest in full. Items (i) through (iv) shall be paid to the
Executive within twenty (20) days after the effective date of the termination. As a
condition of receiving such benefits pursuant to this Agreement, the Executive shall
execute and deliver to the Company prior to his receipt of such benefits a general
release substantially in the form attached hereto as Exhibit A provided the Company executes such release and delivers an executed counterpart to the Executive.


(e)
Death. In the event of the Executives death during the Term of this Agreement, the
Executives employment hereunder shall immediately and automatically terminate, and the
Company shall (i) pay the Executives estate or beneficiaries within a reasonable period
after the effective date of termination all earned, unpaid Salary, all earned, unpaid
bonuses and all accrued unused vacation; and (ii) notwithstanding anything to the
contrary in any stock option agreement, any unvested stock options granted to the
Executive shall accelerate and vest in full on the effective date of termination and the recipients of such benefits may exercise such options at any time up to
two-hundred seventy (270) days after the effective date of termination of the Executives employment. As a
condition of receiving such benefits pursuant to this Agreement, the recipient(s) of
benefits under this subsection shall execute and deliver to the Company prior to receipt
of such benefits a general release substantially in the form attached hereto as Exhibit A.


(e) Disability. Notwithstanding anything to the contrary in the Agreement, the Company may
terminate the Executives employment hereunder, upon written notice to the Executive, in
the event that the Executive becomes disabled during the Term through any condition of
either a physical or psychological nature and, as a result, is, with or without
reasonable accommodation, unable to perform the essential functions of the services
contemplated hereunder for (a) a period of ninety (90) consecutive days, or (b) for
shorter periods aggregating one hundred twenty (120) days during any twelve (12) month
period during the Term. Any such termination shall become effective upon mailing or hand
delivery of notice that the Company has elected its right to terminate under this
subsection 5(f), and the Company shall (i) pay the Executive on the effective date of
termination all earned, unpaid Salary; (ii) pay the Executive on the effective date of
termination all earned, unpaid bonuses; (iii) pay the Executive on the effective date of
termination all accrued unused vacation; (iv) continue to pay the Executive the Salary
and shall provide medical, life and disability coverage, under the same conditions as
exist at the time of termination, for a six (6) month period beginning on the effective
date of the termination, and (v) notwithstanding anything to the contrary in any stock
option agreement, any unvested stock options granted to the Executive shall accelerate
and vest in full on the effective date of termination and the Executive may exercise such options at any time up to two-hundred seventy
(270) days after the effective date of termination of his employment. As a condition of receiving such
benefits pursuant to this Agreement, the Executive shall execute and deliver to the
Company prior to his receipt of such benefits a general release substantially in the form
attached hereto as Exhibit A provided the Company executes such release and delivers an executed counterpart to the Executive.
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

---

|(f)
Certain Events. Notwithstanding anything to the contrary in any stock option plan or
agreement, in the event of a Change in Control of the Company, or Affiliate by which the
Executive is employed, all unvested stock options in the Company granted to the Executive
shall accelerate and vest in full upon the Change in Control. As a condition of the
foregoing benefit, the Executive agrees that, if so requested by the Company, or such
Affiliate, prior to the Change in Control, he shall continue to be employed by the
Company or such Affiliate for a period of one (1) year, subject to all of the other terms
and conditions of this Agreement, and if he fails to satisfy such obligation he shall pay
to the Company as liquidated damages a sum equal to the difference between the exercise
price of such stock options and the higher of (x) the fair market value of the option
shares on the effective date of the Change in Control, or (y) the highest effective price
paid for the Companys common stock by any acquirer in connection with the Change in
Control. As a further condition of the foregoing benefit, the Executive shall execute and
deliver to the Company prior to his receipt of such benefit a general release of claims
up to the date of the Change in Control, substantially in the form attached hereto as
Exhibit A, provided the Company shall execute such release and deliver an executed
counterpart to the Executive.




(g)
Tax Deductability. If it is determined by the Company or the Internal Revenue Service
that any payment or benefit received or deemed received by the Executive from the Company
(pursuant to this Agreement or otherwise) is or will become subject to any excise tax
under Section 4999 of the Internal Revenue Code, and, therefore, that the Company will
not be entitled to a federal tax deduction in connection with such payments and benefits
or any portion thereof, then such payments and/or benefits shall be reduced, in a form
and amount agreed to by the parties in good faith, in the amount necessary to allow the
Company a federal tax deduction in connection with all payments and benefits provided to
the Executive.


6. Choice of Law.


The
validity, interpretation and performance of this Agreement shall be governed by, and
construed in accordance with, the internal law of Maryland, without giving effect to
conflict of law principles.


7. Miscellaneous.


(a)
Assignment; Delegation. The Executive acknowledges and agrees that the rights and
obligations of the Company under this Agreement may be assigned by the Company to any
successors in interest. The Executive further acknowledges and agrees that the Company
may delegate performance of its obligations to any Affiliate provided that the Company
shall retain liability for any breach of its obligations under this Agreement. The
Executive further acknowledges and agrees that this Agreement is personal to the
Executive and that the Executive may not assign or delegate any rights or obligations
hereunder.


(b)
Withholding. All payments required to be made by the Company to the Executive under this
Agreement shall be subject to withholding taxes, social security and other payroll
deductions in accordance with the Companys policies applicable to employees of the
Company at the Executives level.


(c)
Entire Agreement. This Agreement, the Executives employee nondisclosure/noncompetition
agreement with the Company, and any stock option agreement(s) between the parties, set
forth the entire agreement between the parties on the subject matter contained herein and
supersede any prior communications, agreements and understandings, written or oral, with
respect to the terms and conditions of the Executives employment.


(d)
Amendments. Any attempted modification of this Agreement will not be effective unless
signed by an officer of the Company and the Executive.
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

---

|(e)
Waiver of Breach. The Executive understands that a breach of any provision of this
Agreement may only be waived by an officer of the Company. The waiver by the Company of a
breach of any provision of this Agreement shall not operate or be construed as a waiver
of any subsequent breach.


(f)
Severability. If any provision of this Agreement should, for any reason, be held invalid
or unenforceable in any respect by a court of competent jurisdiction, then the remainder
of this Agreement, and the application of such provision in circumstances other than
those as to which it is so declared invalid or unenforceable, shall not be affected
thereby, and each such provision of this Agreement shall be valid and enforceable to the
fullest extent permitted by law.


(g)
Notices. Any notices, requests, demands and other communications provided for by this
Agreement shall be in writing and shall be effective when delivered (i) in hand by
private messenger, or (ii) by a nationally known and reputable overnight mail service, as
follows (or to such other address as either party shall designate by notice in writing to
the other in accordance herewith):
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | If
to the Company:
| | ------------------

| | 135
National Business ParkwayAnnapolis Junction, MD 20701Attn: CEOWith a copy to General
Counsel
| | ------------------------------------------------------------------------------------------------

| | If
to Executive:
| | ----------------

| | __________________________
| | --------------------------

| | __________________________
| | --------------------------

| | __________________________
| | --------------------------

| | __________________________
| | --------------------------

|(h)
Survival. The Executive and the Company agree that certain provisions of this Agreement
shall survive the expiration or termination of this Agreement and the termination of the
Executives employment with the Company. Such provisions shall be limited to those within
this Agreement which, by their express and implied terms, obligate either party to
perform beyond the termination of the Executives employment or termination of this
Agreement.


(i)
Arbitration of Disputes. Any controversy or claim arising out of this Agreement or any
aspect of the Executives relationship with the Company including the cessation thereof
shall be resolved by arbitration in accordance with the then existing Employment Dispute
Resolution Rules of the American Arbitration Association, in Washington, D.C., and
judgment upon the award rendered may be entered in any court having jurisdiction thereof.
The parties shall split equally the costs of arbitration, except that each party shall
pay its own attorneys fees. The parties agree that the award of the arbitrator shall be
final and binding.
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

---

|(j)
Rights of Other Individuals. This Agreement confers rights solely on the Executive and
the Company. This Agreement is not a benefit plan and confers no rights on any individual
or entity other than the undersigned.


(k)
Headings. The parties acknowledge that the headings in this Agreement are for convenience
of reference only and shall not control or affect the meaning or construction of this
Agreement.


(l)
Advice of Counsel. The Executive and the Company hereby acknowledge that each party has
had adequate opportunity to review this Agreement, to obtain the advice of counsel with
respect to this Agreement, and to reflect upon and consider the terms and conditions of
this Agreement. The parties further acknowledge that each party fully understands the
terms of this Agreement and has voluntarily executed this Agreement. The Company shall
pay the legal fees and costs incurred by the Executive in connection with the negotiation
and preparation of this Agreement, upon the presentation of invoices in appropriate form.

(m)
Amendment and Replacement. Effective June 30, 2000, this Agreement amends and replaces
the Employment Agreement between the parties dated March 22, 2000.


IN
WITNESS WHEREOF, the undersigned have duly executed this Agreement as of the day and year
set forth below.
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|EXECUTIVE | CREDIT
MANAGEMENT SOLUTIONS, INC.
|--------- | ---------------------------------

|__________________________________ | By: ______________________________
|---------------------------------- | ----------------------------------

|__________________________________ SCOTT FREIMAN | Title:_____________________________
|------------------------------------------------ | -----------------------------------

|Dated:________________________,  2000 | Dated:________________________, 2000
|------------------------------------- | ------------------------------------

---

|EXHIBIT A


SEPARATION AGREEMENT
AND GENERAL RELEASE


This
Separation Agreement and General Release (Agreement) is made and entered into this ____
day of _____, _____, by and between Credit Management Solutions, Inc. (hereinafter the
Company or Employer) and [EMPLOYEE NAME] (Employee) (hereinafter collectively
referred to as the Parties), and is made and entered into with reference to the
following facts.


RECITALS


WHEREAS,
Employee was hired by the Company on or about ________, as a ____________; and


WHEREAS,
the Company and Employee have agreed to terminate their employment relationship effective
______, ____; and


WHEREAS,
the Parties have entered into a written employment agreement, dated _________ (the
Employment Agreement), under which Employee is entitled to certain severance benefits
conditioned upon his/her execution of this Agreement; and


WHEREAS,
the Parties each desire to resolve any potential disputes which exist or may exist
arising out of Employees employment with the Company and/or the termination thereof.


NOW
THEREFORE, in consideration of the covenants and promises contained herein, the Parties
hereto agree as follows:


AGREEMENT


1.
Agreement By the Employee. In exchange for the payments described in paragraph 2 below,
Employee agrees to the following:
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (a) |  | that
his/her employment with the Company is terminated effective _________, ____ (hereinafter
the Termination Date); and
| | --- |  | --------------------------------------------------------------------------------------------------------------------------

| | (b) |  | to
be bound by the terms of this entire Agreement.
| | --- |  | --------------------------------------------------

|2.
Agreement By the Company. In exchange for Employees agreement to be bound by the terms
of this entire Agreement, including but not limited to the Release of Claims in paragraph
3, the Company agrees to provide Employee with a severance benefits as provided for in
the Employment Agreement.

Employee
acknowledges that, absent this Agreement, s/he has no legal, contractual or other
entitlement to the consideration set forth in this paragraph and that the amount set
forth in this paragraph constitute valid and sufficient consideration for Employees
release of claims and other obligations set forth herein.


3. Release of Claims.


(a)
Employee hereby expressly waives, release, acquits and forever discharges the Company and
its divisions, subsidiaries, affiliates, parents, related entities, partners, officers,
directors, shareholders, investors, executives, managers, employees, agents, attorneys,
representatives, successors and assigns (hereinafter collectively referred to as Releasees),
from any and all claims, demands, and causes of action which Employee has or claims to
have, whether known or unknown, of whatever nature, which exist or may exist on Employees
behalf from the beginning of time up to and including the date of this Agreement. As used
in this paragraph 3, claims, demands, and causes of action include,
but are not limited to, claims based on contract, whether express or implied, fraud,
stock fraud, defamation, wrongful termination, estoppel, equity, tort, retaliation,
intellectual property, personal injury, spoliation of evidence, emotional distress,
public policy, wage and hour law, statute of common law, claims for severance pay, claims
related to stock options and/or fringe benefits, claims for attorneys fees, vacation pay, debts
accounts, compensatory damages, punitive or exemplary damages, liquidated damages, and
any and all claims arising under any federal, state, or local statute, law, or ordinance
prohibiting discrimination on account of race, color, sex, age, religion, sexual
orientation, disability or national origin, including but not limited to, the Age
Discrimination in Employment Act, Title VII of the Civil Rights Act of 1964 as amended,
the Americans with Disabilities Act, the Family and Medical Leave Act or the Employee
Retirement Income Security Act.

(b) The
Company and its divisions, subsidiaries, affiliates, parents, related entities, hereby
expressly waive, release, aquit and forever discharge Employee and his agents, attorneys,
representatives, successors, heirs and assigns (hereinafter collectively referred to as
Employee Releasees), from any and all claims, demands, and causes of action which
Employee has or claims to have, whether known or unknown, of whatever nature, which exist
or may exist on Employees behalf from the beginning of time up to and including the date
of this Agreement. As used in this paragraph 3, claims, demands, and causes of
action include, but are not limited to, claims based on contract, whether expressed or
implied, fraud, stock fraud, defamation, wrongful termination, estoppel, equity, tort, retaliation, intellectual property, personal injury, spoliation
of evidence, emotional distress, public policy,
wage and hour law, statute or common law, claims for severance pay, claims related to
stock options and/or fringe benefits, claims for attorneys fees, vacation pay, debts,
accounts, compensatory damages, punitive or exemplary damages, liquidated damages, and
any and all claims arising under any federal state, or local statute, law, or ordinance
prohibiting discrimination on account of race, color, sex, age, religion, sexual
orientation, disability or national origin, including but not limited to, the Age
Discrimination in Employment Act Title VIII of the Civil Rights Act of 1964 as amended, the Americans
with Disabilities Act, the Family and Medical Leave Act or the Employee Retirement Income Security
 Act; provided, however, that, this release does not include
any claim, demand or cause of action arising out of Executives malfeasance, fraud,
embezzlement, intentional torts, breach of his duties under his employee
nondisclosure/noncompetition agreement with the Company, violation of any other duties
with respect to confidential or proprietary information or intellectual property
(including without limitation patents, copyrights, trade secrets and trademarks),
noncompetition, nonsolicitation or loyalty, or violation of the Companys employee
policies, including without limitation its Human Resources and securities trading
policies.
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

---

|4.
Last Date of Employment. It is understood and agreed that Employees last date of
employment with Employer is _________, ____.

5.
Receipt of Wages and Other Compensation. Employee acknowledges and agrees that, prior to
his/her execution of this Agreement, s/he has received payment for all wages, salary,
bonuses, accrued vacation, and all other compensation owed to Employee by the Company.

6.
Company Property/Proprietary Information. Employee agrees to continue to abide by the
terms of the Companys Proprietary Information Agreement the terms of which are
incorporated herein by reference.

7.
Acceptance of Agreement/[Revocation]. This Agreement was received by Employee on ______,
____. Employee may accept this Agreement by returning a signed original to the Company.
This Agreement shall be withdrawn if not accepted in the above manner on or before _____.

8.
Non-Admission of Liability. The Company denies any wrongdoing whatsoever in connection
with its dealings with Employee, including but not limited to Employees employment and
termination. It is expressly understood and agreed that nothing contained in this
Agreement shall constitute or be treated as an admission of any wrongdoing or liability
on the part of the Company or the Employee.

9. No
Filing of Claims. Employee represents and warrants that s/he does not presently have on
file, and further represents and warrants that s/he will not hereafter file, any claims,
charges, grievances or complaints against any of the Releasees (defined above) in or with
any administrative, state, federal or governmental entity, agency, board or court, or
before any other tribunal or panel or arbitrators, public or private, based upon any
actions or omissions by the Releasees occurring prior to the date of this Agreement.

10.
Ownership of Claims. Employee represents and warrants that s/he is the sole and lawful
owner of all rights, title and interest in and to all released matters, claims and
demands referred to herein. Employee further represents and warrants that there has been
no assignment or other transfer of any interest in any such matters, claims or demands
which she may have against the Releasees.

11.
Confidentiality. Employee understands and agrees that this Agreement, and the matters
discussed in negotiating its terms, are entirely confidential. It is therefore expressly
understood and agreed that Employee will not reveal, discuss, publish or in any way
communicate any of the terms, amount or fact of this Agreement to any person,
organization or other entity, with the exception of his/her immediate family members and
professional representatives, unless required by subpoena or court order. Employee
further agrees that s/he will not, at any time in the future, make any statements to any
third parties that disparage any of the Releasees personally or professionally.
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

---

|12.
Tax Indemnification. It is understood and agreed that Employee is liable for all tax
obligations, if any, with respect to the settlement payments provided for herein.
Employee agrees to indemnify, defend and hold harmless Employer from any and all taxes,
assessments, penalties, loss, costs, reasonable attorneys fees, expenses or interest payments that
Employer may at any time incur by reason of any demand, proceeding, action or suit
brought against Employer arising out of or in any manner related to any local, state or
federal taxes allegedly due from Employee in connection with this Agreement; provided (a)
Employer promptly notifies Employee of any such claim, demand or cause of action against
the Company, and (b) keeps Employee fully informed of all material facts and events with
respect to such proceedings (to the extent such information does not waive any privileges).

13.
Maryland Law Applies. This Agreement, in all respects, shall be interpreted, enforced and
governed by and under the laws of the State of Maryland. Any and all actions relating to
this Agreement shall be filed and maintained in the federal and/or state courts located
in the State of Maryland, and the parties consent to the jurisdiction of such courts. In
any action arising out of this Agreement, or involving claims barred by this Agreement,
the prevailing party shall be entitled to recover all costs of suit, including reasonable
attorneys fees.

14.
Successors and Assigns. The Parties expressly understand and agree that this Agreement,
and all of its terms, shall be binding upon their representatives, heirs, executors,
administrators, successors and assigns.

15.
Consultation with Counsel. Employee acknowledges that s/he has been advised to consult
with legal counsel of her choice prior to execution and delivery of this Agreement.

16.
Integration. Except as otherwise specifically provided for, this Agreement constitutes an
integrated, written contract, expressing the entire agreement between the Parties with
respect to the subject matter hereof. In this regard, Employee represents and warrants
that s/he is not relying on any promises or representations which do not appear written
herein. Employee further understands and agrees that this Agreement can be amended or
modified only by a written agreement, signed by all of the Parties hereto.

17.
Counterparts. This Agreement may be executed in separate counterparts and by facsimile,
and each such counterpart shall be deemed an original with the same effect as if all
Parties had signed the same document.

18.
Headings. The headings in each paragraph herein are for convenience of reference only and
shall be of no legal effect in the interpretation of the terms hereof.

19.
Severability. If any provision in this Agreement is held to be invalid, the remainder of
this Agreement shall not be affected by such a determination.

20.
Voluntary Agreement. EMPLOYEE UNDERSTANDS AND AGREES THAT S/HE MAY BE WAIVING SIGNIFICANT
LEGAL RIGHTS BY SIGNING THIS AGREEMENT, AND REPRESENTS THAT S/HE HAS ENTERED INTO THIS
AGREEMENT KNOWINGLY AND VOLUNTARILY, WITH A FULL UNDERSTANDING OF AND IN AGREEMENT WITH
ALL OF ITS TERMS.
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

---

| | 
| | 

|DATED:  _____________________,____ | CREDIT MANAGEMENT SOLUTIONS, INC.
|---------------------------------- | ---------------------------------

| | By: __________________________
| | ------------------------------

| | Its: __________________________
| | -------------------------------

|DATED: _____________________, ____ | [EMPLOYEE NAME]
|---------------------------------- | ---------------

| | __________________________
| | --------------------------