Document:

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                                                                   EXHIBIT 10.26

                               FIRST AMENDMENT TO
                           LOAN AND SECURITY AGREEMENT

                  THIS FIRST AMENDMENT TO LOAN AND SECURITY AGREEMENT (this
"AMENDMENT") is made and entered into as of June 30, 2001 by and among i2
Technologies, Inc., a Delaware corporation ("i2"), and RightWorks Corporation, a
California corporation ("RIGHTWORKS").

                                   WITNESSETH:

                  WHEREAS, i2 and RightWorks are parties to that certain Loan
and Security Agreement, dated as of March 28, 2001 (the "LOAN AND SECURITY
AGREEMENT"), whereby i2 agreed to provide a specified amount of funding to
RightWorks from time to time;

                  WHEREAS, i2 and RightWorks desire to amend the Loan and
Security Agreement to increase the amount of funding available thereunder.

                  NOW, THEREFORE, in consideration of the premises and mutual
covenants and agreements contained herein, and for other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the
parties hereby agree as follows:

         1. Amendment. Section 1.1 of the Loan and Security Agreement is hereby
amended by replacing the definition of "Line of Credit" to read in its entirety
as follows:

                      ""Line of Credit" means $40,000,000."

         2. Continuation. Except as amended herein, the Loan and Security
Agreement shall continue in full force and effect in accordance with its terms.

         3. Choice of Law. This Amendment shall be governed by and construed in
accordance with the laws of the State of California as applied to contracts made
and to be performed within the State of California. The parties hereto agree
that the forum for resolution of any dispute arising under this Amendment shall
be tried and litigated only in the state and federal courts located in the State
of California or the State of Texas, and each of the parties hereby consents,
and submits itself, to the jurisdiction of any state or federal court sitting in
the State of California or the State of Texas.

         4. Headings. The section headings contained in this Amendment are for
reference purposes only and shall not effect in any way the meaning or
interpretation of this Amendment or the Loan and Security Agreement.

         5. Counterparts. This Amendment may be executed in two or more
counterparts, each of which shall be deemed an original, but all of which taken
together shall constitute but one and the same instrument.

                            [signature page follows]

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                  IN WITNESS WHEREOF, the parties hereto have executed this
Amendment to be effective as of the date first above written.

                                        RIGHTWORKS CORPORATION
                                        a California corporation

                                        By: /s/ Richard L. Gerould
                                        Name: Richard L. Gerould
                                        Title: SVP Corporate Development

                                        i2 TECHNOLOGIES, INC.
                                        a Delaware corporation

                                        By: /s/ Robert C. Donohoo
                                        Name: Robert C. Donohoo
                                        Title: Corporate Counsel

       [SIGNATURE PAGE TO FIRST AMENDMENT TO LOAN AND SECURITY AGREEMENT]<PAGE>
                                                                    Exhibit 10.1

--------------------------------------------------------------------------------
                                     LEGEND

Portions of this exhibit have been omitted pursuant to a request for
confidential treatment filed with the Securities and Exchange Commission. The
omissions have been indicated by asterisks ("****"), and the omitted text has
been filed separately with the Securities and Exchange Commission.
--------------------------------------------------------------------------------

                           REMOTE PROCESSING AGREEMENT

                                     BETWEEN

                         SUNGARD FINANCIAL SYSTEMS INC.
                       a Delaware corporation ("SunGard")

                                       AND

                           COMMERCIAL BANK OF NEW YORK
                     a New York banking corporation ("CBNY")

                                      DATED

                                December 6, 2000

By the signatures of their duly authorized representatives below, SunGard CBNY
and CBNY's wholly owned subsidiary, CBNY Investment Services Corp. ("CBNY
Investment", and for so long as it remains a wholly owned subsidiary of CBNY
collectively with CBNY, "Customer"), intending to be legally bound, agree to all
of the provisions of this Agreement and all Schedules and Addenda to this
Agreement.

SUNGARD FINANCIAL SYSTEMS INC.

BY: /s/ Michael Nemerowski

PRINT NAME: MICHAEL NEMEROWSKI

PRINT TITLE: PRESIDENT 12/8/00

CBNY INVESTMENT SERVICES CORP.           COMMERCIAL BANK OF NEW YORK

BY:      /s/ Jose Aparecido Paulucci     BY: /s/ Jose Aparecido Paulucci

PRINT NAME: Jose Aparecido Paulucci      PRINT NAME: Jose Aparecido Paulucci

PRINT TITLE: Senior Executive Vice       PRINT TITLE: Senior Executive Vice
President                                             President

BY: /s/ David J. Minder                  BY:  /s/ David J. Minder

PRINT NAME: DAVID J. MINDER              PRINT NAME: DAVID J. MINDER

<PAGE>

PRINT TITLE: SECRETARY                   PRINT TITLE: SECRETARY &
                                                       COUNSEL

<PAGE>

1.   SERVICES

     1.1    PROVISION OF SERVICES. During the term of this Agreement, SunGard
            shall provide to Customer, and Customer shall accept, the on-line
            processing, report services and related services described on
            Schedule A to this Agreement ("System Services") available through
            use of SunGard's proprietary applications software system identified
            on Schedule A to this Agreement ("System") and the related
            documentation listed on Schedule A ("Documentation"), as the System
            Services, System and Documentation may be modified, revised and
            updated in accordance with this Agreement.

     1.2    ON-LINE PROCESSING SERVICES. SunGard shall provide to Customer the
            on-line processing services described on Schedule A. The System will
            be available to Customer twenty-four hours a day except during
            System maintenance (which will typically be scheduled for a Sunday,
            but which may occur on an emergency basis as needed). Customer will
            have on-line access to the System during every day that any of the
            United States securities markets are open (a "Business Day"). On
            each Business Day, SunGard will perform a daily batch cycle
            beginning at 8:00 p.m. Eastern Time, taking approximately twelve
            (12) hours for normal data processing, and ending at approximately
            8:00 a.m. Eastern Time ("Batch Cycle"), unless additional processing
            is requested by Customer. During the Batch Cycle access by Customer
            to the System is limited to the inquiry functions and order entry of
            trades for next Business Day processing. If Customer requests a
            delay in the commencement of the Batch Cycle or if any clearing
            entities are not available to be accessed by the System, Batch
            Processing may be delayed and the System may not be available for
            next Business Day processing for approximately twelve (12) hours
            after the commencement of the Batch Cycle. The SunGard facility will
            be staffed at SunGard's usual levels twenty-four (24) hours a day
            from 7:00 a.m. Eastern Time on Monday to 7:00 p.m. Eastern Time
            Saturday, and on Sunday from 7:00 a.m. Eastern Time to 7:00 p.m.
            Eastern Time. Customer may request additional staffing by providing
            five (5) days' prior written notice to SunGard. Such additional
            staffing will be charged to Customer at SunGard's current rates.

     1.3    REPORT SERVICES. SunGard shall provide to Customer the report
            services described on Schedule A, subject to any advance
            notification procedures stated on Schedule A. SunGard shall transmit
            all reports to Customer in the manner described in the
            Documentation.

     1.4    CUSTOMER DATA. Customer shall supply to SunGard all of the data to
            be processed under this Agreement as described on Schedule A and in
            the Documentation (the "Customer Data"). Customer shall transmit the
            Customer Data to SunGard by communications link or in another manner
            described on Schedule A. Customer shall use its commercially
            reasonable efforts to ensure that any Customer Data that it
            introduces into the System

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            is accurate and complete. Customer shall maintain copies of all
            source data and current backup copies of all Customer Data supplied
            to SunGard, and SunGard shall have no liability for any loss or
            damage caused by Customer's failure to maintain copies.

     1.5    LIMITED USE. Customer may use the System Services and Documentation
            only in the ordinary course of its business operations and for its
            own business purposes, including the processing of trades of
            Customer's correspondent brokers in its ordinary course of business.
            Customer shall use the System Services only in accordance with the
            Documentation. Customer may use only the copies of the Documentation
            that are provided by SunGard, except that Customer may copy the
            Documentation to the extent reasonably necessary for routine backup
            and disaster recovery purposes.

     1.6    INTERFACES. Customer will have access to the interface between the
            System and Euroclear currently used by other SunGard customers.
            Customer will engage SunGard, on a time and materials basis, to
            develop an omnibus clearing facility with Herzog Heine and Geduld,
            Inc., i.e. to have the System accept a daily input file from Herzog
            Heine and Geduld to reconcile daily trade activity and positions the
            specifications of which will be mutually agreed to.

2.   INITIAL IMPLEMENTATION SUPPORT AND TRAINING

     2.1    INITIAL IMPLEMENTATION. SunGard shall provide and Customer shall
            accept the Initial Implementation Support described on Schedule C.
            This shall include delivery to Customer of the Initial Copies of the
            Documentation stated on Schedule C and assistance with any other
            implementation or related activities described on Schedule C.
            Subject to the availability of SunGard's personnel, SunGard shall
            provide to Customer additional implementation support services
            reasonably requested by Customer. After delivery, Customer shall
            bear all risk of loss or damage to all copies of the Documentation
            delivered by SunGard to Customer. SunGard shall provide to Customer
            replacement or additional copies of the Documentation reasonably
            requested by Customer.

     2.2    TRAINING. SunGard shall provide and Customer shall accept the
            Minimum Training described on Schedule C. This shall include basic
            training in the use of the System Services for a reasonable number
            of Customer's employees. Subject to the availability of SunGard's
            personnel, SunGard shall provide to Customer additional training
            services reasonably requested by Customer. SunGard shall provide
            training at Customer's location(s) whenever SunGard and Customer
            agree on-site training is appropriate.

3.   SUNGARD'S OTHER OBLIGATIONS

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     3.1    ONGOING SUPPORT SERVICES. SunGard shall provide the following
            ongoing support services to Customer:

            (A)   TELEPHONE CONSULTATIVE SUPPORT. SunGard shall provide to
                  Customer, during SunGard's normal business hours, Monday
                  through Friday from 7:30 a.m. Eastern Time to 7:30 p.m.
                  Eastern Time ("Normal Business Hours") (except that Customer
                  and SunGard may agree in advance to provide support services
                  on U.S. holidays), telephone support through SunGard's
                  Customer Support Department in order to assist Customer in its
                  proper and authorized use of the Software. During Normal
                  Business Hours, SunGard shall provide access to at least one
                  of the following people: (i) the primary support person for
                  customer account, (ii) the project manager for customer's
                  account or (iii) a senior manager of SunGard. In addition,
                  telephone consultive support will be provided through the
                  SunGard hotline twenty-four (24) hours a day seven (7) days a
                  week. SunGard has provided a copy of its telephone list to
                  Customer. SunGard will provide updates of the list as
                  published.

            (B)   ERROR CORRECTIONS. SunGard shall use commercially reasonable
                  efforts to correct failures of the Software to perform in
                  accordance with the Documentation ("Errors") in accordance
                  with this Section 3.1(b):

                  1.   CLASSIFICATION OF ERRORS. An Error shall be classified in
                       accordance with the following terms:

                       CLASS 1 ERROR. A "Class 1 Error" is any Error that
                       renders continued use of the Software either impossible
                       or seriously impractical and either interrupts production
                       by Customer or makes continued production substantially
                       costly to Customer.

                       CLASS 2 ERROR. A "Class 2 Error" is any Error that is not
                       a Class 1 Error.

                  2.   NOTIFICATION OF ERRORS. SunGard shall provide to Customer
                       a list of persons (in increasing positions of authority)
                       and telephone numbers ("Calling List") for Customer to
                       contact in order to report an error. When reporting any
                       Error, Customer shall provide the classification of the
                       Error and reasonably detailed documentation and
                       explanation, together with underlying data, to
                       substantiate the Error and to assist SunGard in its
                       efforts to diagnose and correct the Error. Customer will
                       immediately report any Class 1 Error when detected by

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                       Customer. If SunGard detects a Class 1 Error, then
                       SunGard will immediately contact Customer.

                  3.   RESPONSE TIME. SunGard shall use commercially reasonable
                       efforts to respond to Customer's initial Error reports
                       with off-site telephone consultation, assistance and
                       advice within fifteen (15) minutes for Class 1 Errors and
                       within one (1) hour for Class 2 Errors, but in any event,
                       SunGard shall respond within four working hours. If
                       SunGard fails to so respond, or if the designated person
                       from the Calling List is not available when Customer
                       makes contact with SunGard to report an Error, then
                       Customer shall attempt to contact the next more
                       responsible person of the Calling List until contact is
                       made and a designated person responds to the call.

                       CLASS 1 ERRORS. For any Class 1 Error, SunGard shall take
                       all reasonably necessary steps to supply a reasonable
                       work-around or correction to Customer as soon as
                       possible. Such reasonably necessary steps will include
                       assigning qualified, dedicated staff to work on the Error
                       24 hours per day, 7 days per week, at either the SunGard
                       site or Designated Location as necessary. Upon detecting
                       or being notified of a Class 1 Error, SunGard shall
                       immediately assemble the appropriate personnel to analyze
                       the problem, identify potential solutions and determine
                       the best plan of action. Customer shall participate in
                       this process when necessary and provide SunGard with
                       additional documentation and examples, if possible, to
                       assist in resolving the Error. SunGard personnel shall be
                       dedicated to resolving the Error until an acceptable
                       work-around or correction is supplied or until Customer
                       determines in its reasonable judgment after consultation
                       with SunGard that a work around or correction cannot be
                       produced. A SunGard representative shall keep Customer
                       informed of the status.

                       CLASS 2 ERRORS. For any Class 2 Error, SunGard shall work
                       with Customer to document the Error through mutually
                       established standards. Class 2 Errors shall be resolved
                       according to mutually agreed priorities. SunGard
                       personnel shall be dedicated to resolving Class 2 Errors
                       through SunGard's normal software support procedures.

            (C)   BILLABLE CORRECTION SERVICES. If SunGard determines,
                  reasonably and in good faith, that a reported Error did not,
                  in fact, exist or was not attributable to a defect in the
                  Software or an act or omission of

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                  SunGard, then Customer shall pay for SunGard's investigation
                  and related services at the service fees specified in
                  Section 5.3.

     3.2    MODIFICATIONS. SunGard shall provide to Customer, and Customer shall
            accept, the following modifications to System Services:

            (a)   SunGard shall provide modifications, revisions and updates to
                  the System Services which SunGard, in its sole discretion,
                  incorporates into the System Services without additional
                  charge.

            (b)   SunGard shall use commercially reasonable efforts to develop
                  and implement changes to the System so that the System
                  Services will continue to comply with applicable rules and
                  regulations of regulatory authorities as they may change from
                  time to time.

            (c)   At SunGard's option and subject to the availability of SunGard
                  personnel, SunGard shall evaluate and, if feasible and
                  appropriate, produce and implement Customer requests for
                  modifications in the System Services or the System. In
                  SunGard's sole discretion, it may implement requested
                  modifications at no charge in accordance with Section 3.1 (a)
                  or offer them at an additional charge in accordance with
                  Section 3.4.

            (d)   SunGard shall deliver updates to the Documentation whenever
                  SunGard determines, in its sole discretion, that such updates
                  are necessary.

            (e)   Customer shall accept modifications, revisions and updates in
                  the System Services, System and Documentation, including
                  changes in programming languages, rules of operation and
                  screen or report format, as and when they are implemented by
                  SunGard and provided the modifications, revisions or updates
                  do not have a material adverse effect on the System Services.
                  Customer acknowledges that modifications, revisions and
                  updates in the System Services and the System permitted by
                  this Agreement may result in changes in the form, timing or
                  other features of on-line services, reports and other System
                  Services provided under this Agreement.

     3.3    ENHANCEMENTS. SunGard shall offer to Customer the opportunity to
            purchase services available through use of refinements, improvements
            and enhancements to the System which SunGard, in its sole
            discretion, does not incorporate into the System without additional
            charge.

     3.4    CONSULTING AND OTHER SERVICES. At Customer'sreasonable request and
            subject to the availability of SunGard's personnel, SunGard shall
            provide to Customer conversion assistance, consulting services,
            custom modification programming, support services relating to custom

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            modifications, assistance with data transfers, assistance in the use
            of the System Services security mechanisms and other specialized
            support services with respect to the System Services. These services
            shall be provided by SunGard at Customer location(s) if SunGard and
            Customer agree that on-site services are appropriate.

     3.5    BACKUP COPIES AND DISASTER RECOVERY. SunGard will make a backup
            copy, in digital form, of Customer's data files then in SunGard's
            possession (i) at the end of each business day and stored at an
            off-site location for a period of five (5) business days and (ii) at
            the end of each month and saved at an off-site location for a period
            of the twelve (12) months, provided that the monthly data files for
            the first four (4) months of any tax year will be saved until the
            fifth month of the following tax year. SunGard will maintain an
            agreement for backup processing services with an affiliated company
            consisting of the right to use an installed, fully operational
            computer system and networking capability subject to the
            availability of computer and other hardware. The backup processing
            will be performed by SunGard using backup copies which will be sent
            to the backup facility. Customer will be charged for any recovery
            services associated with any computer hardware or communications
            equipment required for Customer or its correspondent brokers to
            access the System that is not located at the Designated Location. In
            the case of an emergency requiring backup processing, SunGard will
            promptly contact the person or persons designated in writing by
            Customer to be notified in such circumstance.

     3.6    SPECIAL PROCESSING. Upon the request of Customer and subject to the
            limitations of the applications and hardware, SunGard will use
            commercially reasonable efforts to provide special processing
            services such as generating additional, customized reports or other
            enhancements that are not included in the processing services
            provided under this Agreement. Such special processing services will
            be provided for an additional charge to be agreed upon by Customer
            and SunGard in writing.

4.   CUSTOMER'S OTHER OBLIGATIONS

     4.1    ACCESS TO FACILITIES AND EMPLOYEES. Customer shall provide to
            SunGard reasonable access to the Customer's facilities, equipment
            and employees, and shall otherwise cooperate with SunGard, as
            reasonably necessary for SunGard to perform its implementation,
            training, support and other obligations under this Agreement.

     4.2    PROCUREMENT OF HARDWARE AND OTHER ITEMS. Customer shall be
            responsible, at its expense, for procuring and maintaining the
            communications equipment and lines, computer equipment, software and
            all other out of pocket expenses, which comprise the Specified

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            Configuration described on Schedule A, and for updating the
            Specified Configuration in accordance with SunGard's published
            updates to Schedule A.

     4.3    NOTICES AND CERTIFICATIONS. Customer shall give written notice to
            SunGard (in accordance with Section 9.1) whenever Customer intends
            to increase the transaction volume, in any material respect, to be
            processed on the System. Customer shall promptly complete and return
            to SunGard periodic certifications which SunGard, in its sole
            discretion, may from time to time send to Customer, certifying that
            Customer has complied and is then in compliance with the provisions
            of Sections 7.1, 7.4 and 7.5.

     4.4    CERTAIN LEGAL REQUIREMENTS. Customer shall be responsible, at its
            expense, for complying with all laws and regulations of any
            jurisdiction applicable to use of System Services, including laws
            and regulations pertaining to (a) remote use of software and related
            property, (b) communication or transmission of data into or out of a
            jurisdiction or (c) registration of this Agreement. Customer shall
            indemnify and hold harmless SunGard (and its affiliates, and the
            respective directors, officers, employees and agents of SunGard and
            its affiliates) from and against all actions, claims, damages or
            liabilities (including reasonable attorneys' fees) arising out of
            any violation by Customer of any such laws or regulations.

5.   PAYMENTS

     5.1    INITIAL IMPLEMENTATION SUPPORT AND MINIMUM TRAINING. Customer shall
            pay to SunGard the fees for Initial Implementation Support and
            Minimum Training in the amounts stated on Schedule C, in accordance
            with the payment terms stated on Schedule C.

     5.2    MONTHLY FEES. On a monthly basis, beginning on the first day of
            processing live trades on the System ("Effective Date") and
            continuing until termination of this Agreement, Customer shall pay
            to SunGard the fees described on Schedule C. Customer shall pay
            minimum monthly fees for certain services in advance as stated on
            Schedule C.

     5.3    SPECIAL SERVICE FEES. Customer shall pay to SunGard the service fees
            stated on Schedule C for conversion, consulting services, custom
            modification programming, support services relating to custom
            modifications, assistance with data transfers, and other specialized
            support services provided pursuant to Section 3.4. In each case
            where service fees are not specified on Schedule C, then the fees
            for such services shall be based upon SunGard's standard
            professional fee rates. SunGard's standard professional fee rates in
            effect on the date of this Agreement are stated on Schedule C and
            are subject to increase in the ordinary course of business; provided
            however, that as they apply to Customer, SunGard's standard

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            professional fees shall not increase for twelve (12) months from the
            date of this Agreement.

     5.4    EXPENSE REIMBURSEMENTS. Customer shall be responsible for all
            reasonable and documented out-of-pocket expenses of SunGard required
            to receive, deliver or transmit reports or data, and shall reimburse
            SunGard for all such expenses incurred by SunGard. Whenever any
            services are provided by SunGard at a Customer location or any other
            location requested by Customer other than one of SunGard's
            locations, Customer shall reimburse SunGard for its reasonable
            travel, lodging, meal and related expenses incurred by SunGard
            personnel in providing such services.

     5.5    OTHER FEES. If Customer requires replacement or additional copies of
            the Documentation if Customer assigns or otherwise transfers this
            Agreement with SunGard's consent (in accordance with Section 9.3),
            then Customer shall pay to SunGard the corresponding fees stated on
            Schedule C.

     5.6    TAXES. The fees and other amounts payable by Customer to SunGard
            under this Agreement do not include any taxes of any jurisdiction
            that may be assessed or imposed upon the services provided under
            this Agreement or the copies of the Documentation provided to
            Customer, including sales, use, excise, value added, personal
            property, export, import and withholding taxes, excluding only taxes
            based upon SunGard's net income. Customer shall directly pay any
            such taxes assessed against it, and Customer shall promptly
            reimburse SunGard for any such taxes payable or collectable by
            SunGard.

     5.7    PAYMENT TERMS. SunGard shall submit invoices to Customer on a
            monthly basis for monthly fees and routine expense reimbursements.
            SunGard shall submit invoices to Customer for any other fees or
            expense reimbursements as and when incurred. All invoices shall be
            sent to Customer's address for invoices stated on Schedule A.
            Customer's payments shall be due within thirty (30) days after
            receipt of invoice. Interest at the rate of eighteen percent (18%)
            per annum (or, if lower, the maximum rate permitted by applicable
            law) shall accrue on any amount not paid by Customer to SunGard when
            due under this Agreement, and shall be payable by Customer to
            SunGard on demand. Except as provided in Sections 6.1 and 6.2(c),
            all fees and other amounts paid by Customer under this Agreement are
            non-refundable.

     5.8    FEE INCREASES. After the first two years after the date of this
            Agreement, on an annual basis, by giving at least one hundred and
            twenty (120) days advance written notice to Customer (in accordance
            with Section 9.1), ,SunGard may increase the fees listed in Schedule
            C to this Agreement (i) in the third year after the date of this
            Agreement, by a percentage equal to the greater of ****% or the
            change in the Consumer Price Index and (ii)

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            thereafter by a percentage equal to or less than the change in the
            Consumer Price Index plus **** (****%) percent (not to exceed ****
            (****%) percent in any one year).

6.   WARRANTIES AND LIMITATIONS

     6.1    PERFORMANCE. SunGard represents that it will use reasonable care in
            processing all work transmitted to it by Customer and the System
            Services will be provided in a good and workmanlike manner
            consistent with SunGard's obligation to perform services under this
            Agreement. SunGard shall have no liability under this Section 6.1
            unless, within thirty (30) days after the applicable date of
            service, SunGard receives notice from Customer (in accordance with
            Section 9.1) describing a material processing error caused by
            SunGard's failure to use reasonable care in processing all work
            transmitted to it by Customer or performing the System Services in a
            good and workmanlike manner consistent with SunGard's obligation to
            perform services under this Agreement, together with adequate
            supporting documentation and data. Upon receipt of any such notice,
            SunGard's only obligation under this Section 6.1 is to correct the
            error and redo the work affected as soon as reasonably practical at
            no additional charge, or, at SunGard's option, to refund or credit
            the charges applicable to the work affected.

     6.3    INFRINGEMENT. SunGard represents and warrants to Customer that it
            has the right to grant to Customer the rights to use the System, the
            System Services and Documentation in the manner and for the purpose
            described herein. SunGard further represents and warrants that the
            System, the System Services and Documentation, in the form delivered
            to Customer by SunGard and when properly used for the purpose and in
            the manner specifically authorized by this Agreement, do not
            infringe upon any United States patent or copyright or any trade
            secret or other proprietary right of any person. SunGard shall
            defend, indemnify and hold harmless Customer, its officers,
            directors and employees against any third party claim to the extent
            it is based on a violation of the foregoing warranties in this
            Section 6.3. SunGard shall have no liability or obligation under
            this Section 6.3 unless Customer gives written notice to SunGard (in
            accordance with Section 9.1) within ten (10) days after any
            applicable infringement claim is initiated against Customer
            (provided that later notice shall relieve SunGard of its liability
            and obligations under this Section 6.3 only to the extent that
            SunGard is prejudiced by such later notice) and allows SunGard to
            have sole control of the defense or settlement of the claim. The
            remedies provided in this Section 6.3 are the sole remedy for a
            breach of the warranties contained in this Section 6.3. If any
            applicable infringement claim is initiated, or in SunGard's sole
            opinion is likely to be initiated, against Customer or SunGard, then
            SunGard shall have the option, at its expense, to:

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            (a)   modify or replace all or the infringing part of the System,
                  System Services or Documentation so that it is no longer
                  infringing, provided that the System Services do not change in
                  any material adverse respect; or

            (b)   procure the right to continue using or providing the
                  infringing part of the System, System Services or
                  Documentation.

            (c)   remove all or the infringing part of the System Services,
                  System or Documentation, and refund to Customer the
                  corresponding portion of any monthly fee paid in advance, in
                  which case this Agreement shall terminate with respect to the
                  affected System Services.

     6.4    CARE OF DATA. SunGard shall use reasonable care in handling tapes or
            other materials which encode or contain data belonging to Customer.
            SunGard's only obligation for breach of this Section 6.3 shall be to
            replace or repair the tape or material lost or damaged and to make
            reasonable efforts to regenerate any lost data from backup copies
            maintained by SunGard or from source data provided by Customer.

     6.5    APPLICATION OF DATA. SunGard shall have no liability for any loss or
            damage resulting from any application of the results obtained from
            the use of any services provided under this Agreement or from any
            unintended or unforeseen results obtained from the use of any
            services provided under this Agreement.

     6.6    EXCLUSION FOR UNAUTHORIZED ACTIONS. SunGard shall have no liability
            under any provision of this Agreement with respect to any
            performance problem, claim of infringement or other matter to the
            extent attributable to any unauthorized or improper use or
            modification of the System, any unauthorized combination of the
            System with other software (other than software included in the
            Specified Configuration), or any breach of this Agreement by
            Customer.

     6.7    FORCE MAJEURE. SunGard shall not be liable for, nor shall SunGard be
            considered in breach of this Agreement due to, any failure to
            perform its obligations under this Agreement as a result of a cause
            beyond its control, including any act of God or a public enemy, act
            of any military, civil or regulatory authority,change in any law or
            regulation, fire, flood, earthquake, storm or other like event,
            disruption or outage of communications, power or other utility,
            labor problem, unavailability of supplies, or any other cause,
            whether similar or dissimilar to any of the foregoing, which could
            not have been prevented by SunGard with reasonable care (a "Force
            Majeure"). If a Force Majeure continues for more than thirty (30)
            days, Customer shall have the right to terminate this agreement upon
            written notice (as provided in Section 9.1) to SunGard. If SunGard's
            performance is excused by operation of this provision,

                                       10
<PAGE>

            SunGard will provide notice (as provided in Section 9.1) to Customer
            and to resume the interrupted performance as soon as it is feasible
            to do so. Customer acknowledges that availability of System Services
            is subject to normal System downtime and that SunGard is not
            responsible for delays or inability to access services caused by
            communications problems.

     6.8    DISCLAIMER AND EXCLUSIONS. EXCEPT AS EXPRESSLY STATED IN THIS
            AGREEMENT, SUNGARD MAKES NO REPRESENTATIONS OR WARRANTIES, ORAL OR
            WRITTEN, EXPRESSED OR IMPLIED, INCLUDING IMPLIED WARRANTIES OF
            MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE, REGARDING THE
            SYSTEM, THE SYSTEM SERVICES OR ANY OTHER MATTER PERTAINING TO THIS
            AGREEMENT.

     6.9    EXCEPT FOR A THIRD PARTY CLAIM UNDER SECTION 6.3, A BREACH OF THE
            CONFIDENTIALITY PROVISIONS OF THIS AGREEMENT, OR A BREACH OF
            CUSTOMER'S PAYMENT OBLIGATIONS UNDER THIS AGREEMENT:

            (A)   EACH PARTY'S TOTAL LIABILITY UNDER THIS AGREEMENT SHALL NOT
                  UNDER ANY CIRCUMSTANCES EXCEED FIVE HUNDRED THOUSAND DOLLARS
                  ($500,000);

            (B)   UNDER NO CIRCUMSTANCES SHALL EITHER PARTY BE LIABLE TO THE
                  OTHER PARTY OR ANY OTHER PERSON FOR LOST REVENUES, LOST
                  PROFITS, LOSS OF BUSINESS, OR ANY INDIRECT OR CONSEQUENTIAL
                  DAMAGES OF ANY NATURE, WHETHER OR NOT FORESEEABLE.

     6.8    OTHER LIMITATIONS. The warranties made by SunGard in this Agreement,
            and the obligations of SunGard under this Agreement, run only to
            Customer and not to its affiliates, its customers or any other
            persons. Under no circumstances shall any other person be considered
            a third party beneficiary of this Agreement or otherwise entitled to
            any rights or remedies under this Agreement. Customer shall have no
            rights or remedies against SunGard except as specifically provided
            in this Agreement. No action or claim of any type relating to this
            Agreement may be brought or made by Customer more than one (1) year
            after Customer first has knowledge of the basis for the action or
            claim.

                                       11
<PAGE>

7.   CONFIDENTIALITY, OWNERSHIP AND RESTRICTIVE COVENANTS

     7.1    CONFIDENTIAL INFORMATION. All business information disclosed by one
            party to the other in connection with this Agreement shall be
            treated as confidential information unless it is or later becomes
            publicly available through no fault of the other party or it was or
            later is rightfully developed or obtained by the other party from
            independent sources free from any duty of confidentiality. Each
            party's confidential information shall be held in strict confidence
            by the other party, using the same standard of care as it uses to
            protect its own confidential information (but in no event less than
            commercially reasonable care), and shall not be used or disclosed by
            the other party for any purpose except as necessary to implement or
            perform this Agreement, or except as required by law provided that
            the other party is given a reasonable opportunity to obtain a
            protective order. Without limiting the generality of the foregoing,
            such confidential information shall include Customer Data, reports
            generated by SunGard from Customer Data and the details of
            Customer's computer operations. Customer Data shall be and remain
            the property of Customer.

     7.2    SUNGARD'S PROPRIETARY ITEMS. Customer acknowledges that the System
            and Documentation, the object code and the source code for the
            System, the name of the System, the visual expressions, screen
            formats, report formats and other design features of the System, all
            ideas, methods, algorithms, formulae and concepts used in developing
            and/or incorporated into the System or Documentation, all future
            modifications, revisions, updates, releases, refinements,
            improvements and enhancements of the System or Documentation, all
            derivative works based upon any of the foregoing, and all copies of
            the foregoing (referred to, collectively, as "Proprietary Items")
            are trade secrets and proprietary property of SunGard, having great
            commercial value to SunGard. Customer acknowledges that the
            restrictions in this Agreement are reasonable and necessary to
            protect SunGard's legitimate business interests.

     7.3    OWNERSHIP RIGHTS.

            (a)   All Proprietary Items provided to Customer under this
                  Agreement are being provided on a strictly confidential and
                  limited use basis. Title to all Proprietary Items and all
                  related patent, copyright, trademark, service mark, trade
                  secret, intellectual property and other ownership rights shall
                  remain exclusively with SunGard, even with respect to such
                  items that were created by SunGard specifically for or on
                  behalf of Customer. This Agreement is not an agreement of
                  sale, and no title, patent, copyright, trademark, service
                  mark, trade secret, intellectual property or other ownership
                  rights to any Proprietary Items are transferred to Customer by
                  virtue of this Agreement. All copies of Proprietary Items in
                  Customer's possession shall remain the exclusive property of

                                       12
<PAGE>

                  SunGard and shall be deemed to be on loan to Customer during
                  the term of this Agreement.

            (b)   All Customer Data provided to SunGard under this Agreement is
                  being provided on a limited use basis. As between SunGard and
                  Customer and except for any third party data Customer Data
                  shall be and remain the property of Customer at all times.
                  SunGard shall not withhold any Customer Data as a means of
                  resolving any dispute. Customer Data shall not be used by
                  SunGard for any purpose other than that of rendering the
                  System Services under this Agreement. SunGard will not sell,
                  assign, lease or otherwise transfer the Customer Data third
                  parties or otherwise commercially exploit the Customer Data on
                  behalf of SunGard. All copies of Customer's Data in SunGard's
                  possession shall remain the exclusive property of Customer and
                  shall be deemed to be on loan to SunGard during the term of
                  this Agreement.

     7.4    DISCLOSURE RESTRICTIONS.

            (a)   All Proprietary Items in Customer's possession, whether or not
                  authorized, shall be held in strict confidence by Customer,
                  and Customer shall take all steps reasonably necessary to
                  preserve the confidentiality thereof. Customer shall not,
                  directly or indirectly, communicate, publish, display, loan,
                  give or otherwise disclose any Proprietary Item to any person,
                  or permit any person to have access to or possession of any
                  Proprietary Item. Customer shall limit its use of and access
                  to Proprietary Items to only those of its employees whose
                  responsibilities require such use or access. Customer shall
                  advise all such employees, before they receive access to or
                  possession of any Proprietary Items, of the confidential
                  nature of the Proprietary Items and require them to abide by
                  the terms of this Agreement. Customer shall be liable for any
                  breach of this Agreement by any of its employees or any other
                  person who obtains access to or possession of any Proprietary
                  Item from or through Customer.

            (b)   All Customer Data in SunGard's possession, whether or not
                  authorized, shall be held in strict confidence by SunGard, and
                  SunGard shall take all steps reasonably necessary to preserve
                  the confidentiality thereof. SunGard shall not, directly or
                  indirectly, communicate, publish, display, loan, give or
                  otherwise disclose any Customer Data to any person, or permit
                  any person to have access to or possession of any Customer
                  Data. SunGard shall limit its use of and access to Customer
                  Data to only those of its employees whose responsibilities
                  require such use or access. SunGard shall advise all such
                  employees, before they receive access to or possession of any
                  Customer Data, of the confidential

                                       13
<PAGE>

            nature of the Customer Data and require them to abide by the terms
            of this Agreement. SunGard shall be liable for any breach of this
            Agreement by any of its employees or any other person who obtains
            access to or possession of any Customer Data from or through
            SunGard. The provisions in this Section 7.4(b) shall only apply (i)
            to Customer Data unless it is or later becomes publicly available
            through no fault of SunGard or it was or later is rightfully
            developed or obtained by SunGard from independent sources free from
            any duty of confidentiality; and (ii) except as necessary to
            implement or perform this Agreement, or except as required by law
            provided that the other party is given a reasonable opportunity to
            obtain a protective order.

     7.5    USE RESTRICTIONS. Customer shall not do, nor shall it permit any
            other person to do, any of the following:

            (a)   use any Proprietary Item for any purpose, at any location or
                  in any manner not specifically authorized by this Agreement;
                  or

            (b)   make or retain any copy of any Proprietary Item except as
                  specifically authorized by this Agreement; or

            (c)   create or recreate the source code for the System, or
                  re-engineer, reverse engineer, decompile or disassemble the
                  System; or

            (d)   modify, adapt, translate or create derivative works based upon
                  the System or Documentation, or combine or merge any part of
                  the System or Documentation with or into any other software or
                  documentation; or

            (e)   refer to or otherwise use any Proprietary Item as part of any
                  effort to develop a program having any functional attributes,
                  visual expressions or other features similar to those of the
                  System or to compete with SunGard; or

            (f)   remove, erase or tamper with any copyright or other
                  proprietary notice printed or stamped on, affixed to, or
                  encoded or recorded in any Proprietary Item, or fail to
                  preserve all copyright and other proprietary notices in any
                  copy of any Proprietary Item made by Customer; or

            (g)   sell, market, license, sublicense, distribute or otherwise
                  grant to any person, including any outsourcer, vendor,
                  consultant or partner, any right to use any Proprietary Item,
                  whether on Customer's behalf or otherwise; or

            (h)   use the System to conduct any type of service bureau or
                  timesharing operation or to provide remote processing, network

                                       14
<PAGE>

                  processing, network communications or similar services to any
                  person, whether on a fee basis or otherwise; or

            (i)   attempt to do any of the foregoing.

     7.6    NOTICE AND REMEDY OF BREACHES. Each party shall promptly give
            written notice to the other (in accordance with Section 9.1) of any
            actual or suspected breach by it of any of the provisions of this
            Section 7, whether or not intentional, and the breaching party
            shall, at its expense, take all steps reasonably requested by the
            other party to prevent or remedy the breach.

     7.7    AUDIT. SunGard may, at its expense and by giving reasonable advance
            written notice to Customer (in accordance with Section 9.1), enter
            Customer locations during normal business hours and audit the number
            of copies of the Documentation in Customer's possession and
            information pertaining to Customer's compliance with the provisions
            of this Section 7. If SunGard discovers that Customer is not in
            compliance with the provisions of this Section 7 in any material
            respect, then Customer shall reimburse SunGard for the expenses
            incurred by SunGard in conducting the audit.

     7.8    ENFORCEMENT. Each party acknowledges that any breach of any of the
            provisions of this Section 7 shall result in irreparable injury to
            the other party for which money damages could not adequately
            compensate. If there is a breach, then each party shall be entitled,
            in addition to all other rights and remedies which such party may
            have at law or in equity, to have a decree of specific performance
            or an injunction issued by any competent court, requiring the breach
            to be cured or enjoining all persons involved from continuing the
            breach. The existence of any claim or cause of action which each
            party or any other person may have against the other party shall not
            constitute a defense or bar to the enforcement of any of the
            provisions of this Section 7.

8.   TERMINATION

     8.1    INITIAL TERM; RENEWAL. The term of this Agreement begins on the
            Effective Date stated on the first page of this Agreement and shall
            continue for five (5) years, and thereafter for successive automatic
            one-year renewal terms unless and until terminated in accordance
            with this Section 8 or any other section of this Agreement. SunGard
            or Customer may terminate this Agreement effective as of the end of
            the Initial Term or the end of any one-year renewal term by giving
            at least ninety (90) days advance written notice of termination (in
            accordance with Section 9.1) to the other.

                                       15
<PAGE>

     8.2    TERMINATION BY CUSTOMER. Customer may immediately terminate this
            Agreement immediately upon notice to SunGard (in accordance with
            Section 9.1 upon the occurrence of any of the following events:

            (a)   SunGard improperly denies Customer access to the System
                  Services and Customer's files maintained in the System for
                  more than one (1) business day, or if SunGard fails to provide
                  to Customer any daily reports described on Schedule A for more
                  than two (2) consecutive business days, in either case unless
                  due to a hardware or software malfunction or defect, in which
                  case SunGard shall be allowed a reasonable period of time to
                  correct the malfunction or defect.

            (b)   SunGard breaches, in any material respect, any of the
                  provisions of Section 7 or Section 9.3.

            (c)   SunGard breaches any of its other obligations under this
                  Agreement and does not cure the breach within thirty (30) days
                  after Customer gives written notice to SunGard (in accordance
                  with Section 9.1) describing the breach in reasonable detail.

            (d)   Bankruptcy, insolvency, dissolution or liquidation proceedings
                  of any nature are instituted by or against SunGard or SunGard
                  discontinues all or a significant part of its business
                  operations.

     8.3    TERMINATION BY SUNGARD. SunGard may immediately terminate this
            Agreement, by giving written notice of termination to Customer (in
            accordance with Section 9.1), upon the occurrence of any of the
            following events:

            (a)   Customer fails to pay to SunGard, within ten (10) days after
                  SunGard makes written demand therefor, any past-due amount
                  payable under this Agreement including interest thereon) that
                  is not the subject of a good faith dispute as to which
                  Customer has given written notice to SunGard (in accordance
                  with Section 9.1) explaining its position in reasonable
                  detail.

            (b)   Customer breaches, in any material respect, any of the
                  provisions of Section 7 or Section 9.3.

            (c)   Customer breaches any of its other obligations under this
                  Agreement and does not cure the breach within thirty (30) days
                  after SunGard gives written notice to Customer (in accordance
                  with Section 9.1) describing the breach in reasonable detail.

            (d)   Bankruptcy, insolvency, dissolution or liquidation proceedings
                  of any nature are instituted by or against Customer or
                  Customer discontinues all or a significant part of its
                  business operations.

                                       16
<PAGE>

     8.4    SUSPENSION OF SERVICES. On the occurrence of any event which would
            permit SunGard to terminate this Agreement under Section 8.3, in
            addition to all other rights and remedies which SunGard may have at
            law or in equity, SunGard may, without terminating this Agreement,
            and in its sole discretion by providing a valid Suspension Notice
            (as defined below) to Customer and provided that Customer has not
            cured the breach prior to the suspension effective date in the
            Suspension Notice, suspend performance of any or all of its services
            under this Agreement and/or activate internal controls in the System
            that are designed to deny Customer access to the System Services and
            files, until and unless SunGard determines, in its sole discretion
            and upon whatever reasonable conditions SunGard chooses to impose on
            Customer, to resume performance of some or all of the suspended
            services or allow Customer access to the System Services and files.
            A Suspension notice (i) will be delivered in accordance with Section
            9.1 with an additional copy to Customer's General Counsel at the
            same address, (ii) will include a description of the breach that is
            the basis for the suspension, (iii) will include a suspension
            effective date, which may not be less than thirty (30) days from the
            date of the Suspension Notice and (iv) will state that the
            suspension will occur unless Customer cures the breach prior to the
            suspension effective date.

     8.5    NASD TERMINATION. Customer is applying to the National Association
            of Securities Dealers ("NASD") to have CBNY Investment become a
            member firm of the NASD. Customer will use its best efforts to
            obtain the NASD approval. Customer understands that while this
            application process is ongoing, SunGard personnel will begin efforts
            to facilitate Customer's use of the System, including certain
            software development efforts, System configuration efforts and
            training efforts ("Implementation Efforts"), and SunGard will be
            incurring certain expenses related to the implementation of the
            System for Customer's use ("Implementation Expenses"). For a period
            not to exceed three months from the date of this Agreement, if the
            NASD has not approved CBNY Investment as a member firm and Customer
            has not begun live use of the System, then Customer may terminate
            this Agreement by providing written notice to SunGard and paying for
            SunGard's time (at SunGard's professional service rates stated on
            Schedule C3) for the Implementation Efforts and for SunGard's
            Implementation Expenses. Customer will pay for such time and expense
            charges even if the time or expense was one for which SunGard would
            not otherwise be entitled to a fee under this Agreement if the
            Agreement were not terminated under this Section 8.5.

     8.6    EFFECT OF TERMINATION. Upon a termination of this Agreement, whether
            under this Section 8 or otherwise, Customer shall immediately cease
            all use of the System Services, Documentation and other Proprietary
            Items, Customer shall promptly return to SunGard all copies of the
            Documentation and any other Proprietary Items then in Customer's
            possession. Customer shall remain liable for all payments due to
            SunGard

                                       17
<PAGE>

            through the date of termination. Within thirty (30) days after
            termination of this Agreement, Customer shall give notice to SunGard
            (in accordance with Section 9.1) containing reasonable instructions
            regarding the disposition of tapes, data, files and other property
            belonging to Customer (including Confidential Information) and then
            in SunGard's possession. SunGard shall comply with that notice,
            except that SunGard may retain all such property until SunGard
            receives all payments due to SunGard under this Agreement. Upon
            request contained in such notice, SunGard shall convert Customer's
            data to machine readable form to the extent practicable and at
            Customer's expense. If Customer fails to give that notice within
            thirty (30) days after termination of this Agreement, shall send
            such property to Customer at the Address listed on Schedule A. The
            provisions of Sections 5, 6 and 7 shall survive any termination of
            this Agreement, whether under this Section 8 or otherwise.

     9.     OTHER PROVISIONS

     9.1    NOTICE. All notices, consents and other communications under or
            regarding this Agreement shall be in writing and shall be deemed to
            have been received on the earlier of the date of actual receipt, the
            third business day after being mailed by first class certified air
            mail, or the first business day after being sent by a reputable
            overnight delivery service. Any notice may be given by facsimile,
            provided that signed written original is sent by one of the
            foregoing methods within twenty-four (24) hours thereafter.
            Customer's address for notices is stated on Schedule A. SunGard's
            address for notices is 504 Totten Pond Road, Waltham, Massachusetts
            02154 Attention: Contract Administration. Either party may change
            its address for notices by giving written notice of the new address
            to the other party in accordance with this Section 9.1.

     9.2    DEFINED TERMS. As used in this Agreement, the following terms have
            the following meanings:

            (a)   "affiliate" means, with respect to a specified person, any
                  person which directly or indirectly controls, is controlled
                  by, or is under common control with the specified person as of
                  the date of this Agreement, for as long as such relationship
                  remains in effect.

            (b)   "copy" means any paper, disk, tape, film, memory device, or
                  other material or object on or in which any words, object
                  code, source code or other symbols are written, recorded or
                  encoded, whether permanent or transitory.

            (c)   "including" means including but not limited to.

            (d)   "person" means any individual, sole proprietorship, joint
                  venture, partnership, corporation, company, firm, bank,
                  association,

                                       18
<PAGE>

                  cooperative, trust, estate, government, governmental agency,
                  regulatory authority, or other entity of any nature.

     9.3    PARTIES IN INTEREST. This Agreement shall bind, benefit and be
            enforceable by and against SunGard and Customer and, to the extent
            permitted hereby, their respective successors and assigns. Neither
            party shall assign this Agreement or any of its rights hereunder
            (whether by operation of law or otherwise), nor delegate any of its
            obligations hereunder, without the other party's prior written
            consent. Consent shall not be unreasonably withheld in the case of
            an assignment to a purchaser of or a successor to substantially all
            of the other party's business, or to an affiliate of the other
            party, provided that the party entitled to give such consent
            receives prior notice (in accordance with Section 9.1) of the
            assignment and the successor agrees in writing to be bound by the
            terms of this Agreement. Any change in control of Customer, and any
            assignment by merger or otherwise by operation of law, shall
            constitute an assignment of this Agreement by Customer for purposes
            of this Section 9.3.

     9.4    RELATIONSHIP. The relationship between the parties created by this
            Agreement is that of independent contractors and not partners, joint
            venturers or agents.

     9.5    EMPLOYEES. Except where the other party expressly authorizes in
            writing in advance, neither party shall, directly or indirectly
            (through one or more subsidiaries or other controlled entities),
            hire or offer to hire any programmer or data processing employee or
            contractor of the other party at any time when such person is
            employed or engaged by the other party or during the six (6) months
            after such employment or engagement ends. For purposes of this
            provision, "hire" means to employ as an employee or to engage as an
            independent contractor, whether on a full-time, part-time or
            temporary basis. This provision will remain in effect during the
            term of this Agreement and for a period of one (1) year after
            expiration or termination of this Agreement.

     9.6    ENTIRE UNDERSTANDING. This Agreement, which includes and
            incorporates the Schedules referred to herein, states the entire
            understanding between the parties with respect to its subject
            matter, and supersedes all prior proposals, marketing materials,
            negotiations and other written or oral communications between the
            parties with respect to the subject matter of this Agreement. Any
            written, printed or other materials which SunGard provides to
            Customer that are not included in the Documentation are provided on
            an "as is" basis, without warranty, and solely as an accommodation
            to Customer.

     9.7    MODIFICATION AND WAIVER. No modification of this Agreement, and no
            waiver of any breach of this Agreement, shall be effective unless in
            writing and signed by an authorized representative of the party
            against

                                       19
<PAGE>

            whom enforcement is sought. No waiver of any breach of this
            Agreement, and no course of dealing between the parties, shall be
            construed as a waiver of any subsequent breach of this Agreement.

     9.8    SEVERABILITY. A determination that any provision of this Agreement
            is invalid or unenforceable shall not affect the other provisions of
            this Agreement.

     9.9    HEADINGS. Section headings are for convenience of reference only and
            shall not affect the interpretation of this Agreement.

     9.10   JURISDICTION AND PROCESS. In any action relating to this Agreement,
            (a) each of the parties irrevocably consents to the exclusive
            jurisdiction and venue of the federal and state courts located in
            the State of New York, (b) each of the parties irrevocably waives
            the right to trial by jury, (c) each of the parties irrevocably
            consents to service of process by first class certified mail, return
            receipt requested, postage prepaid, to the address at which the
            party is to receive notice in accordance with Section 9.1, and (d)
            the prevailing party shall be entitled to recover its reasonable and
            documented attorney's fees (including, if applicable, charges for
            in-house counsel), court costs and other legal expenses from the
            other party.

     9.11   GOVERNING LAW. THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED AND
            ENFORCED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK
            EXCLUDING CHOICE OF LAW.

                                       20
<PAGE>

                                   SCHEDULE A
                         TO REMOTE PROCESSING AGREEMENT
                             DATED DECEMBER 6, 2000

--------------------------------------------------------------------------------
                        SOFTWARE AND RELATED INFORMATION
--------------------------------------------------------------------------------

SOFTWARE:               Phase3 System

DOCUMENTATION:          Phase3 Reference Manuals
                        Phase3 Report Manuals
                        Release Notes
                        User Memos

SPECIFIED
CONFIGURATION:          Not applicable

ADDRESS FOR INVOICES:   CBNY Investment Services Corp.
320 Park Avenue
New York, NY 10022
Attention: Don Linton
phone: 212-409-3930, fax: 212-308-7772

ADDRESS FOR NOTICES:    CBNY Investment Services Corp.,
320 Park Avenue
New York, NY 10022
phone:  212-409-3999 fax:  212-308-7772
Attention: Jose Paulucci
with a copy to Patricia Cappeto.

                                      A-1
<PAGE>

                                   SCHEDULE C1
                         TO REMOTE PROCESSING AGREEMENT
                             DATED DECEMBER 6, 2000

                   QUOTE IS VALID FOR 30 DAYS FROM ABOVE DATE

--------------------------------------------------------------------------------
                                  SERVICE FEES
--------------------------------------------------------------------------------

1.   For purposes of this Exhibit, "Trade" shall mean any input that generates a
     confirmation report. The charge per trade is in accordance with the
     following schedules:

--------------------------------------------------------------------------------
     Number of Trades per Month                          Cost Per Trade
--------------------------------------------------------------------------------
1 to  5,000                                      $****
--------------------------------------------------------------------------------
5,001 to 10,000                                  $****
--------------------------------------------------------------------------------
10,001 to 20,000                                 $****
--------------------------------------------------------------------------------
20,001 and above                                 $****
--------------------------------------------------------------------------------

MINIMUM MONTHLY CHARGE OF $**** FOR THE FIRST 6 MONTHS

MINIMUM MONTHLY CHARGE OF $**** THEREAFTER

2.   For purposes of this Exhibit, "Reinvest Trade" shall mean any trade
     transaction that results from the reinvestment in securities of income in a
     customer account. The charge per reinvest trade is in accordance with the
     following schedule:

            Number of Reinvest Trades           Cost Per Reinvest
                    Per Month                         Trade
            ---------------------------       -----------------------
            1 -    6,000                                       $****
            6,001 - 20,000                                     $****
            20,001 - 30,000                                    $****
            30,001 - 50,000                                    $****
            50,001 and above                                   $****

3.   For purposes of this Exhibit, "Piece of Collateral" shall mean any security
     attached to a financing (for example: repo) transaction that serves as
     collateral for

                                      C1-1

<PAGE>

     the transaction. A financing transaction will include a single piece of
     collateral in the transaction charge. An additional charge per piece of
     collateral over one per transaction in accordance with the following
     schedule:

      Number of Pieces of      Cost Per Piece of          Cost per Piece of
      Collateral Per Month   Deliverable Collateral   Non-Deliverable Collateral
      --------------------   ----------------------   --------------------------

     1 -   5,000                    $****                         $****
     5,001 - 10,000                 $****                         $****
     10,001 - 40,000                $****                         $****
     40,001 - 80,000                $****                         $****
     80,001 and above               $****                         $****

4.   Money market sweep transaction processing and support will be charged at
     $**** per account per month. This service supports direct or omnibus sweep
     processing.

5.   Order routing and execution service and support will be charged $**** per
     order routing interface on a monthly basis. A setup fee of $**** will be
     charged for each interface implemented after the original conversion to the
     Phase3 application. The first two order routing interfaces will be included
     at no charge . This fee does not include any communications or hardware
     costs.

6.   Clearance and trade upload interfaces service and support will be charged
     $**** per clearance interface on a monthly basis. A setup fee of $**** will
     be charged for each interface implemented after the original conversion to
     the Phase3 application. The first clearance or trade upload interface will
     be included at no charge . This fee does not include any communications or
     hardware costs.

7.   Third party interface service and support will be charged per interface on
     a monthly basis based on the following schedule. A setup fee of $**** will
     be charged for each interface implemented after the original conversion to
     the Phase3 application. The first two third party interface will be
     included at no charge This fee does not include any communications or
     hardware costs.

     Third Party Interface      Cost
     ---------------------      ----
     BRASS                      NO CHARGE
     All others                 Time & Materials

8.   A monthly custom program execution, service, and support fee will be
     charged for each custom program executed on the SunGard Brokerage System
     internal computer systems. This service fee is based on the following
     schedule:

            Number of Programs              Cost Per Month
            ------------------              --------------

                1 -  5                      $**** total
                6 - 10                      $**** per program
                Over 10                     $**** per program

                                      C1-2
<PAGE>

9.   Annuity processing system

         (a) Initial software license and interface setup fee of $****.

         (b) Software, communications, and support fee of $**** per year.

         (c) Annuity contract maintenance fee of $**** per customer annuity
            contract per month. Contract fee will be based on the monthly
            average number of annuity contracts processed by the annuities
            processing system.

10.  Mutual fund networking system

         (a)   Initial software license and interface setup fee of $****.

         (b)   Software, communications, and support fee of $**** per year.

         (c)   Mutual fund position maintenance fee of $**** per customer mutual
               fund position per month. Position fee will be based on the
               monthly average number of mutual fund position processed by the
               mutual fund networking processing system.

11.  Phase3 Broker Gateway fees:

           Terminals               Cost per Month
     ----------------------      -------------------
      1 - 25                           $****
      26 - 50                          $****
      51 - 100                         $****
      Over 100                         $****

     (a)    Minimum of **** terminals

     (b)    Hardware and software costs are not included in these fees.

12.  Phase3 Customer Gateway pricing schedule available upon request.

13.  Data Replication Services fees are as follows:

     (a)    Setup fee of $****, which includes 60 hours of server/communications
            configuration /testing and 40 hours of application
            training/replication data testing.

     (b)    Setup fee for files that are added to the existing replication
            process will be charged $**** per file.

     (c)    The local server, communications, and communications hardware costs
            are not included in these fees.

                                      C1-3
<PAGE>

     (d)    Monthly service fee will be charged per file based on the following
            schedule:

               Average trades per day              Monthly charge per file

              1 - 500                                  $****
              501 - 1000                               $****
              1001 - 2000                              $****
              2001 - 3500                              $****
              3501 - 5000                              $****
              5001 - 7500                              $****
              7501 - 10,000                            $****
              10,001 - 20,000                          $****
              20,001 - 50,000                          $****
              50, 001 and above                        $****

14.  Wall Street Concepts 1099-OID Processing Service Fees:

     Minimum                    $****
     Taxlot up to 10,000        $****
     Taxlot over 10,000         $****

     Wall Street Concepts specializes in providing tax information reporting
     services for OID securities.

15.  Customer will receive, at no additional cost, 3 copies of the documentation
     and user manuals on CD ROM and 5 hard copies of the training materials.
     Documentation and user manuals are available over the internet.

               a.       BROKERselect Users Manual $**** per copy
               b.       BROKERselect Users Manual (CD) $**** per copy
               c.       Reference Manual Set $**** per copy
               d.       Report Manual Full Set $**** per copy
               e.       Report Manual Full Set (CD) $**** per copy
               f.       Report Manual Index Only $**** per copy
               g.       Report Manual Index Only (CD) $**** per copy
               h.       IRS Reporting Manual $**** per copy
               i.       IRS Reporting Manual (CD) $**** per copy

     Customer Connection Plus web access $**** per year per user id

16.  JJ Kenney pricing schedule is as follows:

     $**** per month plus the following securities charges - monthly and
     securities charges incurred only upon usage by customer:

               a.       Muni Bond Evaluations         $****

                                      C1-4
<PAGE>

               b.       Adds with CUSIP               $****
               c.       CMO                           $****
               d.       Agency STRIP                  $****
               e.       High Yield                    $****
               f.       Mortgage Backed               $****

17.  External and market data interfaces are charged at the following rates -
     monthly and securities charges incurred only upon usage by customer:

      Municipal Bond Pricing             $**** per month + $ ****per security
      International Security Pricing     $**** per month + $**** per security

18.  For the initial conversion to Phase3, there will be no conversion fee for
     the conversion. The conversion includes the project management, standard
     data file conversion, and training of up to 50 people at a single location.
     Additional charges will be quoted based on additional customer requirements
     for training, testing, and pre-conversion support. The fee does not include
     SunGard Brokerage employee travel expenses. Employee travel expenses (based
     on the SunGard Brokerage Systems expense policy) WILL BE CHARGED monthly as
     the expenses are incurred.

19.  Equipment and additional items not included in above charges

<TABLE>
<CAPTION>
<S>                                                  <C>
     Programming and developments                    $****hour
     Execution of custom code                        $****/hour
     ENFORMS                                         $****/hour
     Labels/3x5 cards
          0 -  2,000        min. $100.00             $**** per item
     Restore of archived magnetic media files        $**** per file
          2,001 - 10,000 min. $300.00                $**** per item
          10,001 - +                                 $**** per item
     Communication equipment                         Quote
     Communications network and line                 Quote
     Customer specific server hardware/software      Quote
     Optical storage                                 $****/user - + $****/page annually
     IRS Year-End Processing                         Quote + 10%
</TABLE>

                                      C1-5
<PAGE>

                  INTERACTIVE DATA/SUNGARD PHASE3 FEE SCHEDULE

                                 (June 30, 1999)

<TABLE>
<CAPTION>

------------------------------------------------------------------------------------------------------------------
Security Information                    DAILY                      WEEKLY            MONTHLY
------------------------------------------------------------------------------------------------------------------
<S>                          <C>       <C>             <C>          <C>            <C>           <C>
Equity Prices                 Select     Maximum        Select      Maximum          Select       Maximum
------------------------------------------------------------------------------------------------------------------
Listed U.S. Equities          $****      $****          $****       $****            $****        $****
------------------------------------------------------------------------------------------------------------------
NQB                           $****      $****          $****       $****            $****        $****
------------------------------------------------------------------------------------------------------------------
UITs                          $****      $****          $****       $****            $****        $****
------------------------------------------------------------------------------------------------------------------
Unlisted ADRs                 $****      $****          $****       $****            $****        $****
------------------------------------------------------------------------------------------------------------------
Equity Descriptive
------------------------------------------------------------------------------------------------------------------
Descriptive Data*             $****      $****          $****       $****            $****        $****
------------------------------------------------------------------------------------------------------------------
EQUITY ANNOUNCEMENTS
------------------------------------------------------------------------------------------------------------------
NA Dividends                  $****      $****          $****       $****            $****        $****
------------------------------------------------------------------------------------------------------------------
Options                       Select     Maximum        Select      Maximum          Select       Maximum
------------------------------------------------------------------------------------------------------------------
U.S./Canadian Options         $****      $****          $****       $****            $****        $****
------------------------------------------------------------------------------------------------------------------
Futures/Commodities
------------------------------------------------------------------------------------------------------------------
U.S. Futures/Commodities      $****      $****          $****       $****            $****        $****
------------------------------------------------------------------------------------------------------------------
Corporate/Government Bonds    Select     Maximum        Select      Maximum          Select       Maximum
------------------------------------------------------------------------------------------------------------------
U.S. Corporate Bonds          $****      $****          $****       $****            $****        $****
------------------------------------------------------------------------------------------------------------------
Canadian Bonds                $****      $****          $****       $****            $****        $****
------------------------------------------------------------------------------------------------------------------
U.S. Treasuries & Agencies    $****      $****          $****       $****            $****        $****
------------------------------------------------------------------------------------------------------------------
CMO Prices                    Select     Maximum        Select      Maximum          Select       Maximum
------------------------------------------------------------------------------------------------------------------
First 100                     $****      $****          $****       $****            $****        $****
------------------------------------------------------------------------------------------------------------------
Next 150 (Total 250)          $****      $****          $****       $****            $****        $****
------------------------------------------------------------------------------------------------------------------
Next 250 (Total 500)          $****      $****          $****       $****            $****        $****
------------------------------------------------------------------------------------------------------------------
All others                    $****      $****          $****       $****            $****        $****
------------------------------------------------------------------------------------------------------------------
CMO Factors
------------------------------------------------------------------------------------------------------------------
Factors                       $****      $****          $****       $****            $****        $****
------------------------------------------------------------------------------------------------------------------
MBS Prices                    Select     Maximum        Select      Maximum          Select       Maximum
------------------------------------------------------------------------------------------------------------------
All MBS Bonds                 $****      $****          $****       $****            $****        $****
------------------------------------------------------------------------------------------------------------------
Factors
------------------------------------------------------------------------------------------------------------------
Factors                       $****      $****          $****       $****            $****        $****
------------------------------------------------------------------------------------------------------------------
Municipal Bond Prices         Select     Maximum        Select      Maximum          Select       Maximum
------------------------------------------------------------------------------------------------------------------
Range: Lower   Upper
------------------------------------------------------------------------------------------------------------------
          1     1000          $****      $****          $****       $****            $****        $****
------------------------------------------------------------------------------------------------------------------
       1001     2500          $****      $****          $****       $****            $****        $****
------------------------------------------------------------------------------------------------------------------
       2501     5000          $****      $****          $****       $****            $****        $****
------------------------------------------------------------------------------------------------------------------
       5001    10000         $****      $****          $****       $****            $****        $****
------------------------------------------------------------------------------------------------------------------
      10001    25000         $****      $****          $****       $****            $****        $****
------------------------------------------------------------------------------------------------------------------

                                      C1-6
<PAGE>

      25001    50000         $****      $****          $****       $****            $****        $****
------------------------------------------------------------------------------------------------------------------
      50001   100000         $****      $****          $****       $****            $****        $****
------------------------------------------------------------------------------------------------------------------
</TABLE>

               INTERACTIVE DATA/SUNGARD PHASE3 YEARLY FEE SCHEDULE

                         Non- North American Securities

<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------------------------------------
SECURITY INFORMATION                              DAILY                     WEEKLY                   MONTHLY
----------------------------------------------------------------------------------------------------------------------
<S>                       <C>             <C>         <C>           <C>         <C>           <C>            <C>
ALL SECURITIES              MINIMUM FEE    SELECT      MAXIMUM      SELECT       MAXIMUM      SELECT      MAXIMUM
----------------------------------------------------------------------------------------------------------------------
Pricing & Corp Actions       $****        $****       $****         $****      $****          $****      $****
----------------------------------------------------------------------------------------------------------------------
Pricing                      $****        $****       $****         $****      $****          $****      $****
----------------------------------------------------------------------------------------------------------------------
Corporate Actions            $****        $****       $****         $****      $****          $****      $****
----------------------------------------------------------------------------------------------------------------------
</TABLE>

Select Fees are per security/per year. For example, a client pricing 100 U.S.
equities daily would pay an annual fee of $**** (100*$****).

Maximum fees denote the most that each client would pay for access to the
respective asset type. For example, a client pricing 4,000 U.S. equities would
pay no more than $****.

MINIMUM FEES DENOTE THE MINIMUM AMOUNT INVOICED PER CLIENT.
-----------------------------------------------------------

                                      C1-7
<PAGE>

                                   SCHEDULE C2
                         TO REMOTE PROCESSING AGREEMENT
                             DATED DECEMBER 6, 2000

--------------------------------------------------------------------------------
                                TRADE DEFINITION
--------------------------------------------------------------------------------

Trade Counts for PHASE3 Pricing

Principal

     Customer Sell; Inventory Buy                         1 Trade
     Customer Buy; Inventory Sell                         1 Trade
     Inventory Buy; Inventory Sell                        1 Trade

Agency

     Client Buys; Broker Sells                            1 Trade
     Client Sells; Broker Buys                            1 Trade

Cancel/Corrections

     Originally billed for the first trade                1 Trade
     Cancel                                               1 Trade
     Rebill                                               1 Trade
                                                          -------
                                                    Total 3 Trades

When Issued

     Originally billed for the first trade                1 Trade
     Cancel When Issued                                   1 Trade
     Regular Way Trade                                    1 Trade
                                                          -------
                                                    Total 3 Trades

Repo and Reverse Repo

     Opening trade (single piece of collateral)           1 Trade
     Closing trade (includes all collateral)              1 Trade
     Each collateral substitution                         1 Trade

TBA's

Originally billed for TBA                                 1 Trade
Cancel TBA                                                1 Trade
Each pool within a lot of an allocation                   1 Trade

                                      C2-1
<PAGE>

                                   SCHEDULE C3
                         TO REMOTE PROCESSING AGREEMENT

                             DATED DECEMBER 6, 2000

--------------------------------------------------------------------------------
              SUNGARD BROKERAGE SYSTEMS STANDARD PROFESSIONAL FEES
--------------------------------------------------------------------------------

--------------------------------------------------------------------------------
                                                Daily            Hourly
--------------------------------------------------------------------------------
Vice President or above                         $****            $****
--------------------------------------------------------------------------------

--------------------------------------------------------------------------------
Director                                        $****            $****
--------------------------------------------------------------------------------

--------------------------------------------------------------------------------
Product Manager                                 $****            $****
--------------------------------------------------------------------------------

--------------------------------------------------------------------------------
Project Manager                                 $****            $****
--------------------------------------------------------------------------------

--------------------------------------------------------------------------------
Senior Technical Consultant                     $****            $****
--------------------------------------------------------------------------------

--------------------------------------------------------------------------------
Sr. Business Analyst                            $****            $****
--------------------------------------------------------------------------------

--------------------------------------------------------------------------------
Sr. Programmer                                  $****            $****
--------------------------------------------------------------------------------

--------------------------------------------------------------------------------
Business Analyst                                $****            $****
--------------------------------------------------------------------------------

--------------------------------------------------------------------------------
Programmer                                      $****            $****
--------------------------------------------------------------------------------

                                      C3-1
<PAGE>

                                   SCHEDULE C4
                         TO REMOTE PROCESSING AGREEMENT
                             DATED DECEMBER 6, 2000

--------------------------------------------------------------------------------
                               CONVERSION PROCESS
--------------------------------------------------------------------------------

A.   IMPLEMENTATION PLANNING

     The implementation planning sessions are held early in the conversion
process, at the client site. Planning sessions will include Customer's
management and the SunGard conversion team. Objectives of these meetings are:

         o  Define project organization
         o  Define status reporting mechanism
         o  Define issues resolution mechanism
         o  Define enhancement management mechanism
         o  Define file conversions
         o  Determine conversion dates
         o  Determine dependencies
         o  Develop conversion plan, complete with:
               -   key activities and target dates
               -   responsibilities of all participants
               -   training schedule
               -   testing methodologies
               -   network design

B.   REVIEW OF OPERATIONAL PROCEDURES AND FUNCTIONS

     The review of operational procedures and functions is conducted by the
SunGard conversion team. This review process is performed prior to finalizing
the detailed training schedule. Process includes:

         o  Complete review of each area of client operations:
               -   existing procedures
               -   existing forms
               -   existing reports
         o  Meet with supervisors and key personnel
         o  Review of work-flows
         o  Report mapping
         o  Identification and documentation of impact on operations procedures/
            organizational structure
         o  Identification of interfaces

                                      C4-2
<PAGE>

C.   CREATION OF PHASE3 ENVIRONMENT

     Telecommunications and additional hardware requirements are determined
jointly between Customer's technical representative and the SunGard's
communications manager. The ordering, installation and testing of
telecommunications is the responsibility of SunGard. The ordering and
installation of any additional terminals and printers is the responsibility of
Customer. SunGard and Customer will jointly test any new terminals and printers.

     SunGard is responsible for the setup and configuration for the testing and
training firm.

         o  Hardware and telecommunications requirements defined
         o  Equipment and lines ordered, installed and tested
         o  Training firm setup and configured
         o  Installation and testing of required software modifications

D.   FILE CONVERSIONS

     SunGard will develop conversion programs to convert Customer's data files.
Testing and approval of conversion programs is a joint responsibility between
Customer and SunGard.

         o  Determination of files to be converted
         o  Conversion strategy
         o  Specifications for converting each file determined
         o  Develop conversion programs o Written procedures for testing
            developed
         o  Schedule test conversions and verification

E.   STATEMENTS & FORMS

     Customer is responsible for choosing a statement vendor for printing
monthly customer statements. SunGard will support Customer and the vendor in the
development and testing of statements. Customer and SunGard will evaluate all
forms and determine if existing forms must be modified for utilization with the
PHASE3 System.

         o  Customer statements
         o  Confirmations
         o  Transfer fanfolds
         o  New account forms
         o  Buy/Sell tickets
         o  Checks, N&A Cards, labels, etc.

                                      C4-3
<PAGE>

F.   TRAINING

     SunGard and Customer will jointly develop a comprehensive training
schedule. SunGard will be responsible for training Customer staff on the PHASE3
application. Customer will be responsible for ensuring staff is available for
participation in scheduled classes.

         o  Application training for testing of new software modifications
         o  Application training for users
         o  Procedural training

G.   INTERFACES

     SunGard and Customer are jointly responsible for testing of all external
and internal interfaces. SunGard will be responsible for installation and
execution of interfaces. Customer is responsible for notification to all
external vendors and service organizations of conversion dates.

         o  Interface requirements defined
               -  external
               -  internal
         o  Program/unit testing
         o  Extensive testing with external sources
         o  Documentation of procedures
         o  Notification of conversion

H.   USER ACCEPTANCE TESTING

     Customer and SunGard are jointly responsible for development and execution
of test plans for user acceptance testing.

         o  Development of test strategy and plan
         o  Identification of test cases
         o  Development of test data
         o  Systems integration tests
         o  Regression tests
         o  Verification of test results

I.   PROGRESS MEETINGS

     Progress meetings will be scheduled frequently to provide for status
updates and issue discussion/resolution.

                                      C4-4

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