Document:

EX-10.29

EXHIBIT 10.29

EXECUTION COPY

AMENDMENT NO. 4

dated as of October 7, 2005

to

CREDIT AGREEMENT

dated as of October 30, 2003

between

COLLEGIATE FUNDING SERVICES, L.L.C.,

as Borrower

COLLEGIATE FUNDING SERVICES, INC.

(f/k/a CFSL Corp., f/k/a CFSL Holdings Corp.),

as Parent Guarantor

THE SUBSIDIARY GUARANTORS REFERRED TO HEREIN,

as Subsidiary Guarantors

THE LENDERS NAMED HEREIN,

as Lenders

and

JPMORGAN CHASE BANK, N.A.,

as Administrative Agent

1

AMENDMENT NO. 4

AMENDMENT NO. 4 dated as of October 7, 2005 (this “Amendment No. 4”) to the Credit
Agreement referred to below, between COLLEGIATE FUNDING SERVICES, L.L.C. (the “Borrower”),
COLLEGIATE FUNDING SERVICES, INC. (f/k/a CFSL Corp., f/k/a CFSL Holdings Corp.) (the
“Parent”), the SUBSIDIARY GUARANTORS party hereto (the “Subsidiary Guarantors” and,
together with the Parent, the “Guarantors”), the LENDERS party hereto (the
“Lenders”), and JPMORGAN CHASE BANK, N.A., as Administrative Agent (the “Administrative
Agent”).

The Borrower, the Guarantors, the Lenders and the Administrative Agent are parties to a Credit
Agreement dated as of October 30, 2003 (as heretofore modified and supplemented and in effect on
the date hereof immediately prior to the effectiveness of this Amendment No. 4, the “Credit
Agreement”), providing, subject to the terms and conditions thereof, for loans to be made by
said Lenders to the Borrower in an aggregate principal amount not exceeding $30,000,000 at any one
time outstanding.

The Borrower and the Guarantors have requested that the Lenders agree to certain amendments to
the Credit Agreement, and accordingly, the parties hereto hereby agree as follows:

Section 1. Definitions. Except as otherwise defined in this Amendment No. 4, terms
defined in the Credit Agreement are used herein as defined therein.

Section 2. Amendments. Subject to the satisfaction of the conditions precedent
specified in Section 4, but effective as of the date hereof, the Credit Agreement shall be amended
as follows:

2.01. General References. References in the Credit Agreement (including references
to the Credit Agreement as amended hereby) to “this Agreement” (and indirect references such as
“hereunder”, “hereby”, “herein” and “hereof”) shall be deemed to be references to the Credit
Agreement as amended hereby. In addition, references in the Credit Agreement to Schedule IV shall
be deemed to be references to Schedule IV annexed to this Amendment No. 4.

2.02. Certain Definitions. Section 1.01 of the Credit Agreement shall be amended by
inserting the following new definitions (to the extent not already included in said Section 1.01)
in the appropriate alphabetical locations, and by amending in their entirety the following
definitions (to the extent already included in said Section 1.01), as follows:

“Applicable Margin” means: (a) with respect to any ABR Loan, 0.50% per annum;
and (b) with respect to any Eurodollar Loan, 1.50% per annum.

“Commitment Termination Date” means October 7, 2008 or, if such date is not a
Business Day, the immediately preceding Business Day.

“Debt Service” means, for any period, the sum, for the Parent and its
Subsidiaries (determined on a combined basis without duplication in accordance with GAAP),
of the following: (a) in the case of Loans under this Agreement, the aggregate amount of
payments of principal of such Loans that, giving effect to Commitment reductions or
terminations scheduled to be made during such period pursuant to Section 2.06(a), were
required to be made pursuant to Section 2.07(a) during such period plus (b) in the
case of any other Indebtedness (other than Loans and other than the payment of principal of
the Seller Notes at scheduled maturity), all regularly scheduled payments or prepayments of
principal of such Indebtedness (including the principal component of any payments in respect
of Capital Lease Obligations and Synthetic Lease Obligations) made or payable during such
period plus (c) all Interest Expense for such period.

“Indebtedness” of any Person means, without duplication, (a) all obligations of
such Person for borrowed money or with respect to deposits or advances of any kind, (b) all
obligations of such Person evidenced by bonds, debentures, notes or similar instruments, (c)
all obligations of such Person upon which interest charges are customarily paid, (d) all
obligations of such Person under conditional sale or other title retention agreements
relating to property acquired by such Person, (e) all obligations of such Person in respect
of the deferred purchase price of property or services (excluding current accounts payable
incurred in the ordinary course of business), (f) all Indebtedness of others secured by (or
for which the holder of such Indebtedness has an existing right, contingent or otherwise, to
be secured by) any Lien on property owned or acquired by such Person, whether or not the
Indebtedness secured thereby has been assumed, (g) all Guarantees by such Person of
Indebtedness of others, (h) all Capital Lease Obligations and Synthetic Lease Obligations of
such Person, (i) all obligations, contingent or otherwise, of such Person as an account
party in respect of letters of credit and letters of guaranty and (j) all obligations,
contingent or otherwise, of such Person in respect of bankers’ acceptances, provided
that the term “Indebtedness” shall not include (i) any Securitization Program Obligations of
a Securitization Subsidiary of the Parent or (ii) any obligations of the Borrower or any of
its Subsidiaries in respect of breach of warranty claims and indemnity provisions related to
any Securitization Program Obligations (not constituting Guarantees of Indebtedness). The
Indebtedness of any Person shall include the Indebtedness of any other entity (including any
partnership in which such Person is a general partner) to the extent such Person is liable
therefor as a result of such Person’s ownership interest in or other relationship with such
entity, except to the extent the terms of such Indebtedness provide that such Person is not
liable therefor.

“Non-FFELP Loans” means student loans made other than pursuant to the Federal
Family Education Loan Program under the Higher Education Act and marketed to the respective
borrowers, or held, by the Parent or any of its Subsidiaries (including all Securitization
Subsidiaries).

“Real Estate Loans” means loans collateralized by an interest in real property
owned by the borrower or co-signer thereof and marketed to the respective borrowers, or
held, by the Parent or any of its Subsidiaries (including all Securitization Subsidiaries).

“Wholly Owned Subsidiary” means, with respect to any Person at any date, any
corporation, limited liability company, partnership, association or other entity of which
securities or other ownership interests representing 100% of the equity or ordinary voting
power (other than directors’ qualifying shares) or, in the case of a partnership, 100% of
the general partnership interests are, as of such date, directly or indirectly owned,
controlled or held by such Person or one or more Wholly Owned Subsidiaries of such Person or
by such Person and one or more Wholly Owned Subsidiaries of such Person.

2.03. Definition of EBITDA. The definition of “EBITDA” in Section 1.01 of the Credit
Agreement shall be amended by replacing the period appearing at the end of clause (k) thereof with
the word “plus” and by inserting a new clause (l) at the end thereof to read as follows:

“(l) payments made in cash to the Parent or any of its Subsidiaries by any
Securitization Subsidiary’s indenture trustee or other similar representative to the extent
permitted under such Securitization Subsidiary’s Securitization Documents.”

2.04. Commitment Fee. Section 2.09(a) of the Credit Agreement shall be amended by
replacing the percentage “0.5%” appearing therein with the percentage “0.375%”.

2.05. Use of Proceeds. Section 6.11 of the Credit Agreement shall be amended to read
in its entirety as follows:

“SECTION 6.11. Use of Proceeds. The proceeds of the Loans shall be used only
for the general operating purposes of the Borrower and its Subsidiaries and to finance
acquisitions permitted under Section 7.03(e), provided that in no event shall any
portion of the proceeds of the Loans be used directly or indirectly to finance the purchase
of student loan receivables, it being understood that this Section shall not limit the
Borrower’s ability to purchase either completed applications for FFELP Loans or recently
disbursed FFELP Loans, in each case in the ordinary course of business.”

2.06. Indebtedness. Section 7.01(e) of the Credit Agreement shall be amended by
replacing the figure “$3,000,000” appearing therein with the figure “$6,000,000”.

2.07. Fundamental Changes. The last paragraph of Section 7.03 of the Credit
Agreement shall be amended by (i) deleting the word “and” appearing at the end of clause (c)
thereof, (ii) replacing the period appearing at the end of clause (d) thereof with a semicolon and
the word “and” and (iii) inserting a new clause (e) at the end thereof to read as follows:

“(e) the Borrower or any Wholly Owned Subsidiary of the Borrower may acquire any
business, and the related assets, of any other Person (whether by way of purchase of assets
or stock, by merger or consolidation or otherwise), so long as:

(i) such acquisition (if by purchase of assets, merger or consolidation) shall
be effected in such manner so that the acquired business, and the related assets,
are owned either by the Borrower or a Wholly Owned Subsidiary of the Borrower and,
if effected by merger or consolidation involving the Borrower, the Borrower shall be
the continuing or surviving entity and, if effected by merger or consolidation
involving a Wholly Owned Subsidiary of the Borrower, such Wholly Owned Subsidiary
shall be the continuing or surviving entity;

(ii) such acquisition (if by purchase of stock) shall be effected in such
manner so that the acquired entity becomes a Wholly Owned Subsidiary of the
Borrower;

(iii) in the event that the aggregate amount of expenditures in respect of such
acquisition shall exceed $10,000,000, the Parent shall have delivered to the Lenders
a certificate of a Financial Officer of the Parent (x) demonstrating to the
reasonable satisfaction of the Required Lenders that, after giving effect to such
acquisition, the Parent will be in compliance with Section 7.09 as at the end of and
for each of the first four fiscal quarters ending after the date of such acquisition
(the determination of such compliance to be calculated on a projected basis giving
effect to such reasonable assumptions made in good faith by the Parent and
reasonably approved by the Required Lenders, it being understood that interest for
all periods after the date of such acquisition shall be deemed to be equal to the
actual weighted average interest rate in effect for the Loans hereunder on the date
of such acquisition) and (y) showing calculations in reasonable detail in respect of
such projected compliance with Section 7.09; and

(iv) immediately prior to such acquisition and after giving effect thereto, no
Default shall have occurred and be continuing and the Borrower shall have taken all
action (if any) required to be taken by it pursuant to Section 6.10 as a result of
such acquisition.”

2.08. Lines of Business. Section 7.04 of the Credit Agreement shall be amended to
read in its entirety as follows:

“SECTION 7.04. Lines of Business. The Parent will not, nor will it permit any
of its Subsidiaries to, engage to any material extent in any business other than the
business of (a) marketing, origination, servicing, consolidation, purchase and sale of (i)
student loans made pursuant to the Higher Education Act to a borrower to finance his or her
education that is guaranteed by a Guarantee Agency as defined in the Higher Education Act,
(ii) non-FFELP student loans, or (iii) Real Estate Loans; (b) any entrance and exit
counseling activities or business; and (c) providing publishing technology to universities.”

2.09. Investments. Clauses (i) of Section 7.05 of the Credit Agreement shall be
amended in its entirety to read as follows:

(i) additional Investments by the Borrower and its Subsidiaries up to but not exceeding
$25,000,000 in the aggregate at any one time, provided that any such Investment
constituting an acquisition of a business, and the related assets, of any other Person shall
comply with the requirements of clause (e) of the last paragraph of Section 7.03; and”

2.10. Certain Financial Covenants. Section 7.09 of the Credit Agreement shall be
amended by amending paragraphs (d), (e) and (g) thereof to read in their entirety as follows:

“(d) Capital Expenditures. The Parent will not permit the aggregate amount of
Capital Expenditures by the Obligors to exceed $12,000,000 in any fiscal year.

(e) Non-FFELP Loans and Real Estate Loans. The Parent will not permit the
ratio of (i) the sum of (x) the aggregate outstanding principal amount of Non-FFELP Loans
plus (y) the aggregate outstanding principal amount of Real Estate Loans, in each
case held by the Parent and its Subsidiaries (including all Securitization Subsidiaries), to
(ii) the aggregate outstanding principal amount of all loans held by the Parent and its
Subsidiaries (including all Securitization Subsidiaries) at any time to exceed 0.20 to 1,
provided that the aggregate outstanding principal amount of Real Estate Loans held
by the Parent and its Subsidiaries (including all Securitization Subsidiaries) shall not
exceed 10% of the aggregate outstanding principal amount of all loans held by the Parent and
its Subsidiaries (including all Securitization Subsidiaries).

(g) Operating Leases. The Parent will not permit the aggregate Rental Payments
of the Parent and its Subsidiaries to exceed $5,000,000 during any fiscal year of the
Parent.”

2.11. Events of Default. Subsection (n) of Article VIII shall be amended in its
entirety to read as follows:

“(n) either one or both of the following events shall occur and be continuing:

(i) the Parent Guarantors shall cease to collectively own 100% of the issued
and outstanding membership interests of all classes of the Borrower; and

(ii) during any period of 12 consecutive calendar months, a majority of the
Board of Directors of the Parent shall no longer be composed of individuals (A) who
were members of said Board on the first day of such period, (B) whose election or
nomination to said Board was approved by individuals referred to in clause (A) above
constituting at the time of such election or nomination at least a majority of said
Board or (C) whose election or nomination to said Board was approved by individuals
referred to in clause (A) and (B) above constituting at the time of such election or
nomination at least a majority of the Board.”

Section 3. Representations and Warranties. Each Obligor represents and warrants to
the Lenders, both immediately prior to this Amendment No. 4 becoming effective and after giving
effect thereto, that (a) the representations and warranties of such Obligor set forth in Article IV
of the Credit Agreement and in each of the other Credit Documents to which it is a party, are true
and correct on and as of the date hereof with the same force and effect as if made on and as of the
date hereof (or, if any such representation and warranty is expressly stated to have been made as
of a specific date, as of such specific date) and as if each reference in said Article IV to “this
Agreement” (or words of similar import) or in such other Credit Documents to “the Credit Agreement”
(or words of similar import) included reference to this Amendment No. 4 and (b) no Default has
occurred and is continuing.

Section 4. Conditions Precedent. The amendments to the Credit Agreement set forth in
Section 2 shall become effective as of the date hereof upon the satisfaction on or before October
7, 2005 of each of the following conditions precedent:

4.01. Amendment No. 4. The Administrative Agent shall have received one or
more counterparts of this Amendment No. 4 executed by each Obligor and each Lender.

4.02. Opinions of Counsels to the Obligors. The Administrative Agent shall
have received a favorable written opinion (addressed to the Administrative Agent and the
Lenders and dated the date hereof) of (i) the General Counsel of the Borrower, (ii) Simpson,
Thatcher & Bartlett, LLC, New York counsel for the Obligors and (iii) LeClair Ryan, a
Professional Corporation, Virginia counsel for the Obligors, in each case covering such
matters relating to the Obligors, this Amendment No. 4 or the transactions contemplated
hereby as the Lenders shall reasonably request (and each Obligor hereby instructs such
counsels to deliver such opinions to the Lenders and the Administrative Agent).

4.03. Corporate Documents. The Administrative Agent shall have received such
documents and certificates as the Administrative Agent or its counsel may reasonably request
relating to the organization, existence and good standing of each Obligor, the authorization
of the transactions contemplated by this Amendment No. 4 and any other legal matters
relating to the Obligors, this Amendment No. 4 or the transactions contemplated hereby, all
in form and substance satisfactory to the Administrative Agent and its counsel.

4.04. Officer’s Certificate. The Administrative Agent shall have received a
certificate, dated the date hereof and signed by a Financial Officer of the Borrower, in
respect of the matters set forth in Section 3, in form and substance satisfactory to the
Administrative Agent and its counsel.

4.05. Payment of Fees. The Administrative Agent shall have received evidence
satisfactory to the Administrative Agent of payment (or irrevocable instructions for
payment) by the Borrower in full of the fees provided for in the fee letter dated October 3,
2005 addressed by the Borrower to the Administrative Agent (including the reasonable accrued
fees and expenses of counsel to JPMCB) in connection with this Amendment No. 4.

4.06. Other Documents. The Administrative Agent shall have received such other
documents as the Administrative Agent may reasonably request.

Section 5. Confirmation of Guarantees and Security Interests. Each of the
Guarantors, by its execution of this Amendment No. 4, hereby consents to this Amendment No. 4 and
confirms and ratifies that all of its obligations as a Guarantor under the Credit Agreement
(including, without limitation, Article III thereof) shall continue in full force and effect for
the benefit of the Administrative Agent and the Lenders with respect to the Credit Agreement as
amended hereby. Each of the Obligors, by its execution of this Amendment No. 4, hereby confirms
that the security interests granted by it under each of the Security Documents to which it is a
party shall continue in full force and effect in favor of the Administrative Agent for the benefit
of the Lenders and the Administrative Agent with respect to the Credit Agreement as amended hereby.

Section 6. Miscellaneous. Except as herein provided, the Credit Agreement shall
remain unchanged and in full force and effect. This Amendment No. 4 may be executed in any number
of counterparts, all of which taken together shall constitute one and the same amendatory
instrument and any of the parties hereto may execute this Amendment No. 4 by signing any such
counterpart. This Amendment No. 4 shall be governed by, and construed in accordance with, the law
of the State of New York.

2

IN WITNESS WHEREOF, the parties hereto have caused this Amendment No. 4 to be duly executed
and delivered as of the day and year first above written.

BORROWER

COLLEGIATE FUNDING SERVICES, L.L.C.

by COLLEGIATE FUNDING SERVICES, INC.,

as member

By      

Name:

Title:

PARENT GUARANTOR

	 	 	 	COLLEGIATE FUNDING SERVICES, INC. (f/k/a CFSL Corp., f/k/a
CFSL Holdings Corp.)

By      

Name:

Title:

SUBSIDIARY GUARANTORS

COLLEGEXIT.COM, L.L.C.

By      

Name:

Title:

CFS SERVICING, LLC

By      

Name:

Title:

CFS-SUNTECH SERVICING LLC

By      

Name:

Title:

MEMBERS CONNECT INC.

By      

Name:

Title:

EGRAD, LLC

By      

Name:

Title:

COLLEGE PUBLISHER, INC.

By      

Name:

Title:

3

LENDERS

JPMORGAN CHASE BANK, N.A.,

individually and as Administrative Agent

By      

Name:

Title:

BANK OF AMERICA, N.A.

By      

Name:

Title:

4

SCHEDULE IV

LITIGATION

Valley Acceptance Corporation. Valley Acceptance Corporation (a now defunct collection
agency) submitted fraudulent referrals to CFS (erroneous handwritten payment histories) that
SunTrust funded. In May 2000, the FBI contact CFS regarding Valley’s falsification of information
and, to the best of our knowledge from the closed Grand Jury proceedings (as evidenced by our not
being called to the Grand Jury proceedings), cleared CFS of any involvement. CFS may have some
residual liability to the guarantor or to SunTrust if loans default and guarantee agency or
SunTrust comes back to CFS based on the representations and warranties. The total number of loans
funded for Valley Acceptance was comprised of 633 loans for $3,932,947.83. As of September 2005,
loans in an approximate amount of $358,500 have been repaid in full. To date, CFS has not
purchased any Valley Acceptance loans as a result of default.

5REORGANIZATION AND STOCK PURCHASE AGREEMENT

      This REORGANIZATION AND STOCK PURCHASE AGREEMENT dated as of July 12, 2005
(this  "Agreement")  is  by  and  between  NetMeasure Technology, Inc., a Nevada
corporation  ("NMTH"),  and  S-Cam  Co.,  Ltd.  a  Korean corporation ("S-CAM").
RECITALS

A.     WHEREAS,  NMTH  desires  to  acquire directly or indirectly approximately
78.8%  of  the  equity  of  S-Cam;

B:     WHEREAS,  the  parties  hereto  intend  that the transaction contemplated
hereby  shall  be  completed  as  a  tax-free  exchange  of  stock.

NOW,  THEREFORE,  the  respective  Boards of Directors of NMTH and S-Cam deem it
advisable  and  in  the  best interests of their corporations and the respective
shareholders  of their corporations that NMTH acquire approximately 78.8% of the
securities  of  S-Cam,  in  accordance  with  the  terms  and conditions of this
Reorganization  and  Stock  Purchase  Agreement.
1.     Pre-Closing Actions ofNMTH.  Immediately upon execution of this Agreement
and prior to any Closing as set forth herein, NMTH shall undertake the following
actions:

(a)     The  Board of Directors of NMTH shall unanimously approve and deliver to
Cutler  Law Group (the "Escrow Agent") in escrow (the "Escrow") resolutions with
respect  to  (a)  approving  all  of  the  transactions  set  forth  herein; (b)
increasing  or directing the size of the Board of Directors to be eight members;
(c)  electing eight persons to the board of directors of NMTH, and (d) approving
a  name  change  of  the  corporation  to  "Sorell,  Inc."  (the  "NMTH  Board
Resolutions").

(b)     NMTH  shall  deliver  or  cause  to  be  delivered  to Escrow a total of
23,305,000  shares  of  NMTH  for delivery to shareholders or other designees of
S-Cam  as  advised  to  Escrow  prior  to  closing (the "Escrowed NMTH Shares").

(c)     NMTH  shall  use its reasonable best efforts to prepare and complete the
documents  necessary  to  be  filed with local, state and federal authorities to
consummate  the  transactions  contemplated  hereby.

2.     Pre-Closing Action ofS-Cam.  Immediately upon execution of this Agreement
and  prior  to  the  Closing  as  set  forth  herein,  S-Cam shall undertake the
following  actions:

(a)     The  Board  of  Directors of S-Cam shall execute and deliver resolutions
unanimously  approving  all  of  the  transactions  set  forth  herein.

(b)     The  shareholders  of  S-Cam shall deliver to Cutler Law Group in escrow
certificates  representing  5,565,000  shares  of  common  stock  of  S-Cam (the
"Escrowed  S-Cam  Shares"),  representing  approximately 78.8% of the issued and
outstanding  equity  of  S-Cam,  for  delivery  to  NMTH  at  Closing.

(c)     During  the Due Diligence Period, S-Cam shall make available to NMTH and
NMTH's  employees,  attorneys,  accountants,  financial  advisors,  agents  and
representatives  during  normal  business  hours  all information concerning the
operation,  business  and  prospects  of S-Cam as may be reasonably requested by
NMTH.  S-Cam  will  cooperate  with  NMTH  for the purpose of permitting NMTH to
discuss  S-Cam's business and prospects with customers, creditors, suppliers and
other  persons  having  business  dealings  with  such  party, including without
limitation  providing  access to all employees, consultants, assets, properties,
books,  accounts,  records, tax returns, contracts and other documents of S-Cam,
provided that such access will not materially interfere with the normal business
operations  of  S-Cam.

3.     Conditions  to  Closing
       -----------------------

The  parties'  obligation  to  close the proposed Acquisition will be subject to
specified  conditions  precedent  including,  but not limited to, the following:

(a)     the  representations  and  warranties  of NMTH as set forth in Section 6
herein  shall  remain  accurate  as  of the Closing Date and no material adverse
change  to  the  financial  condition  of  NMTH  shall  have  occurred;

(b)     the  representations  and  warranties of S-Cam as set forth in Section 7
herein  shall  remain  accurate  as  of the Closing Date and no material adverse
change  in  the  business  or  financial condition of S-Cam shall have occurred;

(c)     all  the  documents  necessary to be filed with local, state and federal
authorities  are  prepared;

(d)     NMTH  shall  have  provided the board resolutions and any other approval
required  to  complete  the  board election; and board resolutions approving the
name  change;.

(e)     NMTH  shall  retain its good standing as a publicly traded company under
the  Securities  Exchange  Act of 1934, trading on the over-the-counter bulletin
board  under  the  symbol  "NMTH";

(f)     NMTH  shall  have prepared and delivered to S-Cam before Closing audited
and  unaudited financial statements which if filed at the time received would be
complete  and  compliant  with  Regulation  S-X, Section 310, sufficient for the
combined  entities to file any and all filings required by the US Securities and
Exchange  Commission  (the  "NMTH  Financial  Statements");

(g)     S-Cam  shall  have  prepared  and delivered to NMTH within sixty days of
closing  audited  and  unaudited financial statements which if filed at the time
received  would  be  complete  and  compliant  with Regulation S-X, Section 310,
sufficient for the combined entities to file any and all filings required by the
US  Securities  and  Exchange  Commission  (the  "S-Cam  Financial Statements");

(h)     The  S-Cam Financial Statements shall reflect approximately $126,000,000
USD  in  revenues  for  the  fiscal  year  ended  December  31,  2004;  and

(i)     S-Cam shall have completed the procedures and received approval from the
Korean  government  with respect to foreign exchange and investment (the "Korean
Investment  Law").

(j)     MNTH  will  deliver  a  cancellation  acceptable  to S-Cam canceling the
management  contract  with  NMTH's  President.

4.     At  the  Closing.

(a)     At  the  Closing,  Cutler  Law  Group shall release from escrow the NMTH
Board Resolutions effectuating the election of eight new members of the Board of
Directors.  The members of the Board of Directors of NMTH prior to Closing shall
submit  resignations  at  Closing.

(b)     At  the Closing, Cutler Law Group shall release the Escrowed NMTH Shares
to  the  shareholders  or  designees  of  S-Cam.

(c)     At the Closing, Cutler Law Group shall release the Escrowed S-Cam Shares
to  NMTH.

(d)     At  the  Closing,  the  existing  officers  of  NMTH shall resign and be
replaced  by  those  officers  appointed  by  the  new  Board  of  Directors.

5.     Timing  of Closing.  The Closing shall occur upon the satisfaction of the
conditions  set forth in this Agreement, including without limitation compliance
with the Korean Investment Law, and upon instructions from the parties hereto to
the  Escrow  Agent.  The  Closing Date shall occur on July 31, 2005 in the event
such conditions are met, unless the Escrow Agent receives instructions otherwise
from  the  parties  or  notice from a party that the conditions set forth herein
have  not  occurred.  Unless otherwise advised in writing by the parties, in the
event  the  Closing  does not occur on or before August 30, 2005, (i) the Escrow
Agent  shall  return  the Escrowed NMTH Shares and the NMTH Board Resolutions to
NMTH;  and  (ii)  the Escrow Agent shall return the Escrowed S-Cam Shares to the
shareholders  of  S-Cam.

6.     Representations  ofNMTH.  NMTH  represents  and  warrants  as  follows:

(a)     Ownership  of Shares.  As of the Closing Date, the shareholders of S-Cam
will  become  the  owners of the Escrowed NMTH Shares.  The Escrowed NMTH Shares
will  be free from claims, liens or other encumbrances, except as provided under
applicable  federal  and  state  securities  laws;

(b)     Fully  paid and Nonassessable.  The Escrowed NMTH Shares constitute duly
and  validly  issued  shares  of NMTH, and are fully paid and nonassessable, and
NMTH  further represents that it has the power and the authority to execute this
Agreement  and  to  perform  the  obligations  contemplated  hereby;

(c)     Organization  of  NMTH;  Authorization.  NMTH  is  a  corporation  duly
organized,  validly  existing and in good standing under the laws of Nevada with
full  corporate power and authority to execute and deliver this Agreement and to
perform  its  obligations  hereunder. The execution, delivery and performance of
this  Agreement  have  been duly authorized by all necessary corporate action of
NMTH  and  this  Agreement  constitutes  a valid and binding obligation of NMTH;
enforceable  against it in accordance with its terms.  NMTH has no subsidiaries.

(d)     Capitalization.  The  authorized  capital  stock  of  NMTH  consists  of
100,000,000 shares of common stock, par value $0.001 per share, and no shares of
preferred  stock.  As  of the Closing Date, NMTH has a total of 6,195,000 shares
of  common  stock issued and outstanding and no shares of preferred stock issued
and  outstanding.  No  shares  have  otherwise  been  registered  under state or
federal  securities  laws.  As  of  the  Closing  Date,  all  of  the issued and
outstanding  shares  of  common stock of NMTH are validly issued, fully paid and
non-assessable  and  there  is not and as of the Closing Date, there will not be
outstanding  any  warrants,  options  or  other  agreements  on the part of NMTH
obligating  NMTH  to issue any additional shares of common or preferred stock or
any  of  its  securities of any kind.  NMTH will not issue any shares of capital
stock  from  the  date  of  this Agreement through the Closing Date.  The Common
Stock  of  NMTH  is  presently  trading  on  the over-the-counter bulletin board
maintained  by  Nasdaq  under  the  symbol  "NMTH".

     Ownership  of NMTH Shares. The delivery of certificates provided herein for
the  Escrowed  NMTH  Shares  will  result in the shareholders of S-Cam immediate
acquisition of record and beneficial ownership of the Escrowed NMTH Shares, free
and  clear  of  all  encumbrances.

(e)     No  Conflict  as  to  NMTH  and Subsidiaries.  Neither the execution and
delivery  of  this  Agreement  nor  the consummation of the exchange of the NMTH
Shares  will  (a)  violate  any provision of the certificate of incorporation or
by-laws  (or  other  governing  instrument)  of  NMTH  or  (b) violate, or be in
conflict  with, or constitute a default (or an event which, with notice or lapse
of time or both, would constitute a default) under, or result in the termination
of,  or  accelerate  the  performance  required by, or excuse performance by any
Person  of  any  of  its  obligations  under,  or  cause the acceleration of the
maturity  of  any  debt  or obligation pursuant to, or result in the creation or
imposition  of  any  encumbrance  upon any property or assets of NMTH under, any
material  agreement  or  commitment  to  which  NMTH  is a party or by which its
property  or  assets is bound, or to which any of the property or assets of NMTH
is  subject,  or  (c) violate any statute or law or any judgment, decree, order,
regulation  or  rule  of any court or other governmental body applicable to NMTH
except,  in  the  case  of  violations,  conflicts,  defaults,  terminations,
accelerations  or  encumbrances described in clause (b) of this Section for such
matters  which  are not likely to have a material adverse effect on the business
or  financial  condition  of  NMTH.

(g)     Consents and Approvals of Governmental Authorities. No consent, approval
or  authorization  of,  or  declaration,  filing  or  registration  with,  any
Governmental  Body is required to be made or obtained by NMTH in connection with
the  execution,  delivery  and  performance  of  this  Agreement  by NMTH or the
consummation  of  the  sale  of  the  Escrowed  NMTH  Shares.

(h)     Other  Consents.  Except  for  consents from the holders of the Escrowed
NMTH  Shares, no consent of any Person is required to be obtained by NMTH to the
execution, delivery and performance of this Agreement or the consummation of the
sale of the NMTH Shares, including, but not limited to, consents from parties to
leases  or  other  agreements  or  commitments, except for any consent which the
failure  to  obtain would not be likely to have a material adverse effect on the
business  and  financial  condition  of  NMTH.

(i)     Litigation.  There  is  no  action,  suit,  inquiry,  proceeding  or
investigation  by or before any Court or Governmental body pending or threatened
in  writing against or involving NMTH which is likely to have a material adverse
effect  on  the  business  or financial condition of NMTH, or which questions or
challenges the validity of this Agreement.  NMTH is not subject to any judgment,
order or decree that is likely to have a material adverse effect on the business
or  financial  condition  of  NMTH.

(j)     Absence  of Certain Changes. From December 31, 2004, to the date hereof,
NMTH  has  not  :

1.     suffered  damage  or  destruction  of  any  of  its  properties or assets
(whether  or  not  covered  by  insurance)  which  is  materially adverse to the
financial  condition  of  NMTH,  or  made any disposition of any of its material
properties  or  assets  other  than  in  the  ordinary  course  of  business;

2.     made  any  change  or  amendment  in  its certificate of incorporation or
by-laws,  or  other  governing  instruments,  except  as  contemplated hereby or
required  to  effect  the  transactions  set  forth  herein;

3.     other than the NMTH Escrowed Shares, issued or sold any Equity Securities
or  other  securities,  acquired,  directly  or  indirectly,  by  redemption  or
otherwise,  any  such  Equity  Securities,  reclassified,  split-up or otherwise
changed  any  such  Equity  Security,  or  granted  or entered into any options,
warrants,  calls  or  commitments  of  any  kind  with  respect  thereto;

4.     organized  any  new  Subsidiary  or acquired any Equity Securities of any
Person  or  any  equity  or  ownership  interest  in  any  business;

5.     borrowed  any funds or incurred, or assumed or become subject to, whether
directly  or  by way of guarantee or otherwise, any obligation or liability with
respect  to  any  such  indebtedness  for  borrowed  money;

6.     paid, discharged or satisfied any material claim, liability or obligation
(absolute,  accrued, contingent or otherwise), other than in the ordinary course
of  business;

7.     prepaid  any  material  obligation having a maturity of more than 90 days
from  the  date  such  obligation  was  issued  or  incurred;

8.     except  as  set  forth  on Schedule 6(j), cancelled any material debts or
waived any material claims or rights, except in the ordinary course of business;

98.     disposed  of or permitted to lapse any rights to the use of any material
patent or registered trademark or copyright or other intellectual property owned
or  used  by  it;

9.     granted any general increase in the compensation of officers or employees
(including  any  such  increase  pursuant  to  any  employee  benefit  plan);

10.     purchased  or  entered  into  any contract or commitment to purchase any
material  quantity  of  raw  materials  or supplies, or sold or entered into any
contract  or  commitment  to  sell  any material quantity of property or assets;

11.     made  any  capital  expenditures  or  additions  to  property,  plant or
equipment  or  acquired  any  other  property  or  assets;

12.     written  off  or  been  required  to  write  off  any  notes or accounts
receivable;

13.     written  down  or  been  required  to  write  down  any  inventory;  or

14.     entered  into  any collective bargaining or union contract or agreement.

15.     incurred  any  liability  in  excess  of  $2,000.00.

(k)     Contracts  and  Commitments.  NMTH  is  not  a  party  to  any:

1.     Contract  or  agreement  involving  any  liability  on  the part of NMTH.

2.     Lease  of  personal  property;

3.     Employee  bonus,  stock  option  or  stock  purchase,  performance  unit,
profit-sharing,  pension,  savings,  retirement,  health,  deferred or incentive
compensation,  insurance  or other material employee benefit plan (as defined in
Section  2(3) of ERISA) or program for any of the employees, former employees or
retired  employees  of  NMTH;

4.     Commitment,  contract  or  agreement  that  is  currently expected by the
management of NMTH to result in any material loss upon completion or performance
thereof;

5.     Contract,  agreement  or  commitment  with  any officer, employee, agent,
consultant,  advisor,  salesman,  sales  representative,  value  added reseller,
distributor  or  dealer, except for a management contract with NMTH's president;
or

6.     Employment  agreement  or  other  similar  agreement.

(l)     Compliance  with  Law.  The  operations  of  NMTH have been conducted in
accordance  with  all applicable laws and regulations of all Governmental Bodies
having  jurisdiction  over  them,  except  for  violations thereof which are not
likely  to have a material adverse effect on the business or financial condition
of  NMTH. NMTH has not received any notification of any asserted present or past
failure  by it to comply with any such applicable laws or regulations.  NMTH has
all material licenses, permits, orders or approvals from the Governmental Bodies
required  for  the  conduct of its business, and is not in material violation of
any  such  licenses,  permits, orders and approvals. All such licenses, permits,
orders  and  approvals  are  in  full  force  and  effect,  and no suspension or
cancellation  of  any  thereof  has  been  threatened.

(m)     Tax  Matters.

1.     NMTH (1) has filed or shall file prior to Closing all nonconsolidated and
noncombined  Tax  Returns  and  all  consolidated  or  combined Tax Returns that
include  only  NMTH  and  not S-Cam or its other Affiliates (for the purposes of
this  Section,  such  tax  Returns  shall  be  considered  nonconsolidated  and
noncombined  Tax  Returns) required to be filed through the date hereof and will
have  paid  any Tax due through the date hereof with respect to the time periods
covered by such nonconsolidated and noncombined Tax Returns and shall timely pay
any  such  Taxes required to be paid by it after the date hereof with respect to
such  Tax Returns and (2) shall prepare and timely file all such nonconsolidated
and  noncombined  Tax  Returns  required  to  be filed after the date hereof and
through  the  Closing  Date  and  pay  all  Taxes required to be paid by it with
respect  to  the  periods  covered by such Tax Returns; (B) all such Tax Returns
filed  pursuant  to  clause  (A)  after  the date hereof shall, in each case, be
prepared  and  filed  in a manner consistent in all material respects (including
elections  and  accounting  methods  and  conventions) with such Tax Return most
recently  filed in the relevant jurisdiction prior to the date hereof, except as
otherwise  required by law or regulation.  Any such Tax Return filed or required
to  be  filed  after  the date hereof shall not reflect any new elections or the
adoption  of  any  new accounting methods or conventions or other similar items,
except  to  the  extent  such  particular  reflection or adoption is required to
comply  with  any  law  or  regulation.

2.     NMTH  represents  that prior to Closing, all consolidated or combined Tax
Returns  (except those described in subparagraph (1) above) required to be filed
by  any person through the date hereof that are required or permitted to include
the income, or reflect the Activities, operations and Transactions, of  NMTH for
any  taxable  period  shall  have been timely filed, and the income, activities,
operations  and  Transactions  of  NMTH  shall  have  been properly included and
reflected  thereon.  NMTH  shall  prepare  and file, or cause to be prepared and
filed,  all  such  consolidated  or  combined  Tax  Returns that are required or
permitted  to  include  the  income,  or  reflect the activities, operations and
Transactions,  of  NMTH, with respect to any taxable year or the portion thereof
ending  on  or  prior to the Closing Date, including, without limitation, NMTH's
consolidated federal income tax return for such taxable years. Prior to Closing,
NMTH  will  timely file a consolidated federal income tax return for the taxable
year  ended  December  31,  2004  and  such return shall include and reflect the
income,  activities,  operations and Transactions of NMTH for the taxable period
then  ended,  and  hereby  expressly covenants and agrees to file a consolidated
federal  income  tax  return,  and  to  include  and reflect thereon the income,
activities,  operations and Transactions of  NMTH for the taxable period through
the Closing Date.  All Tax Returns filed pursuant to this subparagraph (2) after
the  date  hereof  shall,  in  each  case,  to  the extent that such Tax Returns
specifically  relate  to  NMTH  and do not generally relate to matters affecting
other  members  of  NMTH's consolidated group, be prepared and filed in a manner
consistent  in all material respects (including elections and accounting methods
and  conventions)  with  the  Tax  Return  most  recently  filed in the relevant
jurisdictions  prior  to the date hereof, except as otherwise required by law or
regulation.  NMTH  has  paid  or will pay all Taxes that may now or hereafter be
due with respect to the taxable periods covered by such consolidated or combined
Tax  Returns.

3.     There  is no (nor has there been any request for an) agreement, waiver or
consent providing for an extension of time with respect to the assessment of any
Taxes attributable to NMTH, or its assets or operations and no power of attorney
granted  by  NMTH  with  respect  to  any  Tax  matter  is  currently  in force.

4.     There  is  no  action,  suit,  proceeding,  investigation,  audit, claim,
demand,  deficiency  or additional assessment in progress, pending or threatened
against  or  with  respect  to  any  Tax  attributable  to NMTH or its assets or
operations.

5.     All  amounts  required to be withheld as of the Closing Date for Taxes or
otherwise  have  been  withheld  and  paid when due to the appropriate agency or
authority.

(n)     Borrowing  and  Guarantees. Except as reflected on its audited financial
statements  for  the  period ended December 31, 2004, NMTH (a) does not have any
indebtedness  for  borrowed  money, (b) are not lending or committed to lend any
money (except for advances to employees in the ordinary course of business), and
(c)  are  not  guarantors  or  sureties  with  respect to the obligations of any
Person.

7.     Representations  ofS-Cam. S-Cam for their respective rights and interests
represent  and  warrant  as  follows:

(a)     Organization;  Authorization.  S-Cam  is  a  corporation duly organized,
validly  existing  and  in  good  standing  under  the  laws  of  its country of
organization with full corporate power and authority to execute and deliver this
Agreement  and to perform its obligations hereunder. The execution, delivery and
performance  of  this  Agreement  have  been  duly  authorized  by all necessary
corporate  action  of  S-Cam  and this Agreement constitutes a valid and binding
obligation;  enforceable  against  in  accordance with its terms.  Except as set
forth  in  Schedule  7(a),  S-Cam  has  no  subsidiaries.

(b)     Capitalization.  The  authorized  capital  stock  of  S-Cam  consists of
20,000,000  shares of common stock, par value KRW500 per share, and no shares of
preferred  stock.  As  of the date of this Agreement, S-Cam has 7,065,000 shares
of  common  stock issued and outstanding and no shares of preferred stock issued
and  outstanding.  No  shares  have  otherwise  been  registered  under state or
federal  securities  laws.  As  of  the  Closing  Date,  all  of  the issued and
outstanding  shares  of common stock of S-Cam are validly issued, fully paid and
non-assessable  and  there  is  not and as of the Closing Date there will not be
outstanding  any  warrants,  options  or  other  agreements on the part of S-Cam
obligating  any  of  S-Cam to issue any additional shares of common or preferred
stock  or any of its securities of any kind.  S-Cam will not issue any shares of
capital  stock  from  the  date of this Agreement through the Closing Date.  The
Escrowed  S-Cam  Shares  will  be free from claims, liens or other encumbrances,
except  as  provided  under  applicable  federal  and  state  securities  laws;

(c)     No  Conflict  as  to  S-Cam and Subsidiaries.  Neither the execution and
delivery of this Agreement nor the consummation of the transactions contemplated
herein  will  (a)  violate  any  provision  of  the articles of incorporation or
organization  of  S-Cam  or  any  of  its  Subsidiaries or (b) violate, or be in
conflict  with, or constitute a default (or an event which, with notice or lapse
of time or both, would constitute a default) under, or result in the termination
of,  or  accelerate  the  performance  required by, or excuse performance by any
Person  of  any  of  its  obligations  under,  or  cause the acceleration of the
maturity  of  any  debt  or obligation pursuant to, or result in the creation or
imposition of any Encumbrance upon any property or assets of any of S-Cam or any
of  its Subsidiaries under, any material agreement or commitment to which any of
S-Cam,  any  of  its Subsidiaries is a party or by which any of their respective
property or assets is bound, or to which any of the property or assets of any of
S-Cam  or  any of its Subsidiaries is subject, or (c) violate any statute or law
or  any  judgment,  decree,  order,  regulation  or  rule  of any court or other
Governmental  Body applicable to S-Cam or any of its Subsidiaries except, in the
case  of  violations,  conflicts,  defaults,  terminations,  accelerations  or
Encumbrances  described in clause (b) of this Section for such matters which are
not  likely  to  have  a  material  adverse  effect on the business or financial
condition  of  S-Cam  and  its  subsidiaries,  taken  as  a  whole.

(d)     Consents  and Approvals of Governmental Authorities. Except as set forth
on  Schedule  7(d),  no  consent,  approval or authorization of, or declaration,
filing  or  registration  with,  any Governmental Body is required to be made or
obtained  by  S-Cam  or any of either of its Subsidiaries in connection with the
execution,  delivery  and  performance  of  this  Agreement  by  S-Cam  or  the
consummation  of  the  transactions  contemplated  herein.

(e)     Other  Consents.  No consent of any Person is required to be obtained by
S-Cam  to  the  execution,  delivery  and  performance  of this Agreement or the
consummation of the transactions contemplated herein, including, but not limited
to,  consents  from parties to leases or other agreements or commitments, except
for  any  consent  which  the  failure  to  obtain would not be likely to have a
material  adverse  effect  on  the  business  and  financial condition of S-Cam.

(f)     Buildings,  Plants  and Equipment. The buildings, plants, structures and
material items of equipment and other personal property owned or leased by S-Cam
or  its  Subsidiaries are, in all respects material to the business or financial
condition  of  S-Cam  and  its Subsidiaries, taken as a whole, in good operating
condition  and  repair (ordinary wear and tear excepted) and are adequate in all
such  respects  for  the  purposes for which they are being used.  S-Cam has not
received  notification  that  it  is  in  violation  of any applicable building,
zoning,  anti-pollution, health, safety or other law, ordinance or regulation in
respect  of  its  buildings,  plants  or  structures  or their operations, which
violation  is  likely  to  have  a  material  adverse  effect on the business or
financial  condition  of  S-Cam  and its Subsidiaries, taken as a whole or which
would  require  a  payment  by  S-Cam  or  any  of its subsidiaries in excess of
$10,000  in  the  aggregate,  and  which  has  not  been  cured.

(g)     No  Condemnation  or Expropriation. Neither the whole nor any portion of
the  property or leaseholds owned or held by S-Cam or any of its Subsidiaries is
subject  to  any  governmental decree or order to be sold or is being condemned,
expropriated or otherwise taken by any Governmental Body or other Person with or
without  payment  of  compensation  therefore,  which action is likely to have a
material  adverse effect on the business or financial condition of S-Cam and its
Subsidiaries,  taken  as  a  whole.

(h)     Litigation.  There  is  no  action,  suit,  inquiry,  proceeding  or
investigation  by or before any court or Governmental Body pending or threatened
in writing against or involving S-Cam or any of its Subsidiaries which is likely
to  have  a  material  adverse  effect on the business or financial condition of
S-Cam  and  any  of  its  Subsidiaries, taken as whole, or which would require a
payment  by  S-Cam or its subsidiaries in excess of  $10,000 in the aggregate or
which  questions or challenges the validity of this Agreement. Neither S-Cam nor
any  or  its  Subsidiaries  is  subject to any judgment, order or decree that is
likely  to have a material adverse effect on the business or financial condition
of  S-Cam or any of its Subsidiaries, taken as a whole, or which would require a
payment  by  S-Cam  or  its Subsidiaries in excess of  $10,000 in the aggregate.

(i)     Absence  of  Certain Changes. Neither  S-Cam nor any of its Subsidiaries
has:

1.     suffered  the  damage  or  destruction of any of its properties or assets
(whether  or  not  covered  by  insurance)  which  is  materially adverse to the
business  or  financial  condition  of  S-Cam  and  its Subsidiaries, taken as a
whole, or made any disposition of any of its material properties or assets other
than  in  the  ordinary  course  of  business;

2.     made  any  change  or  amendment  in  its certificate of incorporation or
by-laws,  or  other  governing  instruments;

3.     paid, discharged or satisfied any material claim, liability or obligation
(absolute,  accrued, contingent or otherwise), other than in the ordinary course
of  business;

4.     prepaid  any  material  obligation having a maturity of more than 90 days
from  the  date  such  obligation  was  issued  or  incurred;

5.     cancelled  any  material  debts  or waived any material claims or rights,
except  in  the  ordinary  course  of  business;

6.     disposed  of  or permitted to lapse any rights to the use of any material
patent or registered trademark or copyright or other intellectual property owned
or  used  by  it;

7.     granted any general increase in the compensation of officers or employees
(including  any  such  increase  pursuant  to  any  employee  benefit  plan);

8.     purchased  or  entered  into  any  contract or commitment to purchase any
material  quantity  of  raw  materials  or supplies, or sold or entered into any
contract  or  commitment  to  sell  any material quantity of property or assets,
except  (i)  normal  contracts  or  commitments  for the purchase of, and normal
purchases  of,  raw materials or supplies, made in the ordinary course business,
(ii)  normal  contracts  or  commitments  for  the sale of, and normal sales of,
inventory  in  the  ordinary  course  of  business,  and  (iii) other contracts,
commitments,  purchases  or  sales  in  the  ordinary  course  of  business;

9.     made  any  capital  expenditures  or  additions  to  property,  plant  or
equipment or acquired any other property or assets (other than raw materials and
supplies)  at  a  cost  in  excess  of  $10,000  in  the  aggregate;

10.     written  off  or  been  required  to  write  off  any  notes or accounts
receivable  in  an  aggregate  amount  in  excess  of  $10,000;

11.     written  down  or  been  required  to  write  down  any  inventory in an
aggregate  amount  in  excess  of  $10,000;

12.     entered  into  any collective bargaining or union contract or agreement;
or

13.     other  than  the  ordinary  course  of  business, incurred any liability
required  by  generally  accepted  accounting  principles  to  be reflected on a
balance  sheet  and material to the business or financial condition of S-Cam and
their  subsidiaries  taken  as  a  whole.

(j)     Labor Relations. Neither S-Cam nor any of its Subsidiaries is a party to
any  collective  bargaining agreement. Except for any matter which is not likely
to  have  a  material  adverse  effect on the business or financial condition of
S-Cam and its Subsidiaries, taken as a whole, (a) S-Cam and its Subsidiaries are
in  compliance  with  all  applicable  laws respecting employment and employment
practices,  terms  and  conditions of employment and wages and hours, and is not
engaged  in  any  unfair  labor practice, (b) there is no labor strike, dispute,
slowdown  or stoppage actually pending or threatened against S-Cam or any of its
Subsidiaries,  (c) no representation question exists respecting the employees of
S-Cam  or any of its Subsidiaries, (d) neither S-Cam nor any of its Subsidiaries
has  experienced any strike, work stoppage or other labor difficulty, and (e) no
collective  bargaining  agreement  relating  to employees of S-Cam or any of its
Subsidiaries  is  currently  being  negotiated.

(k)     Compliance  with  Law. The operations of S-Cam and its Subsidiaries have
been  conducted  in  accordance  with all applicable laws and regulations of all
Governmental Bodies having jurisdiction over them, except for violations thereof
which  are  not  likely  to  have  a  material adverse effect on the business or
financial  condition  of  S-Cam and its Subsidiaries, taken as a whole, or which
would not require a payment by S-Cam or its Subsidiaries in excess of $10,000 in
the  aggregate,  or  which  have  been  cured.  Neither  S-Cam  nor  any  of its
Subsidiaries  has  received  any  notification  of  any asserted present or past
failure by it to comply with any such applicable laws or regulations.  S-Cam and
its  Subsidiaries  have all material licenses, permits, orders or approvals from
the  Governmental  Bodies  required for the conduct of their businesses, and are
not  in  material violation of any such licenses, permits, orders and approvals.
All  such  licenses, permits, orders and approvals are in full force and effect,
and  no  suspension  or  cancellation  of  any  thereof  has  been  threatened.

(l)     Tax  Matters.

1.     Each  of  S-Cam and its Subsidiaires (1) has filed or shall file prior to
Closing  all nonconsolidated and noncombined Tax Returns and all consolidated or
combined  Tax  Returns  that  include  only  S-Cam  and  not  NMTH  or its other
Affiliates  (for  the  purposes  of  this  Section,  such  tax  Returns shall be
considered  nonconsolidated  and  noncombined  Tax Returns) required to be filed
through  the  date hereof and will have paid any Tax due through the date hereof
with respect to the time periods covered by such nonconsolidated and noncombined
Tax  Returns and shall timely pay any such Taxes required to be paid by it after
the  date  hereof  with  respect  to  such Tax Returns and (2) shall prepare and
timely  file all such nonconsolidated and noncombined Tax Returns required to be
filed  after  the  date  hereof  and  through the Closing Date and pay all Taxes
required  to  be  paid  by  it  with  respect to the periods covered by such Tax
Returns;  (B)  all  such Tax Returns filed pursuant to clause (A) after the date
hereof  shall, in each case, be prepared and filed in a manner consistent in all
material  respects  (including elections and accounting methods and conventions)
with  such  Tax Return most recently filed in the relevant jurisdiction prior to
the  date  hereof,  except as otherwise required by law or regulation.  Any such
Tax Return filed or required to be filed after the date hereof shall not reflect
any  new  elections or the adoption of any new accounting methods or conventions
or  other  similar  items,  except  to  the extent such particular reflection or
adoption  is  required  to  comply  with  any  law  or  regulation.

2.     Each  of S-Cam and its Subsidiaries represents that prior to Closing, all
consolidated or combined Tax Returns (except those described in subparagraph (1)
above)  required  to  be  filed  by  any person through the date hereof that are
required  or  permitted  to  include  the  income,  or  reflect  the Activities,
operations  and  Transactions,  of  S-Cam  and  its Subsidiaries for any taxable
period  shall have been timely filed, and the income, activities, operations and
Transactions of S-Cam and its Subsidiaries shall have been properly included and
reflected  thereon.  S-Cam and its Subsidiaries shall prepare and file, or cause
to be prepared and filed, all such consolidated or combined Tax Returns that are
required  or  permitted  to  include  the  income,  or  reflect  the activities,
operations  and transactions, of S-Cam and its Subsidiaries, with respect to any
taxable  year  or  the  portion  thereof ending on or prior to the Closing Date,
including,  without  limitation,  S-Cam'  and Subsidiaries' consolidated federal
income  tax  return  for  such  taxable  years.  Prior to Closing, S-Cam and its
Subsidiaries  will  timely file a consolidated federal income tax return for the
taxable  year  ended December 31, 2004 and such return shall include and reflect
the  income,  activities,  operations  and  transactions  of  S-Cam  and  its
Subsidiaries  for  the taxable period then ended, and hereby expressly covenants
and  agrees to file a consolidated federal income tax return, and to include and
reflect thereon the income, activities, operations and Transactions of S-Cam and
its  Subsidiaries  for  the  taxable  period  through the Closing Date.  All Tax
Returns  filed pursuant to this subparagraph (2) after the date hereof shall, in
each  case, to the extent that such Tax Returns specifically relate to S-Cam and
its  Subsidiaries,  be prepared and filed in a manner consistent in all material
respects  (including  elections and accounting methods and conventions) with the
Tax  Return  most recently filed in the relevant jurisdictions prior to the date
hereof,  except  as  otherwise required by law or regulation.  Each of S-Cam and
its Subsidiaries has paid or will pay all Taxes that may now or hereafter be due
with respect to the taxable periods covered by such consolidated or combined Tax
Returns.

3.     All  amounts  required to be withheld as of the Closing Date for Taxes or
otherwise  have  been  withheld  and  paid when due to the appropriate agency or
authority.

4.     There shall be delivered or made available to NMTH at or prior to Closing
true  and  complete  copies  of  all  income  Tax  Returns  (or  with respect to
consolidated or combined returns, the portion thereof) and any other Tax Returns
requested by NMTH as may be relevant to S-Cam, its Subsidiaries, or their assets
or operations for any and all periods ending after December 31, 1998, or for any
Tax years which are subject to audit or investigation by any taxing authority or
entity.

(m)     Environmental  Matters.

1.     At  all  times  prior to the date hereof, S-Cam and its Subsidiaries have
complied  in  all  material respects with applicable environmental laws, orders,
regulations,  rules  and  ordinances  relating to the Properties (as hereinafter
defined),  the  violation  of  which would have a material adverse effect on the
business  or  financial  condition  of  S-Cam  and  its Subsidiaries, taken as a
whole,  or  which would require a payment by S-Cam or its Subsidiaries in excess
of  $10,000  in  the  aggregate,  and  which  have been duly adopted, imposed or
promulgated  by  any  legislative, executive, administrative or judicial body or
officer  of  any  Governmental  Body.

2.     The  environmental licenses, permits and authorizations that are material
to  the  operations of S-Cam and its Subsidiaries, taken as a whole, are in full
force  and  effect.

8.     Stock  Market  Application.

     NMTH  is  a  Nevada  public  corporation  that  currently  trades  on  the
over-the-counter  bulletin  board.  Upon completion of the Closing, S-Cam agrees
to  engage Cutler Law Group to assist with seeking to list the securities of the
combined  entities on the Nasdaq National Market System or on the American Stock
Exchange.  S-Cam  will be responsible for any and all costs associated with such
filing  including  applicable  audit  costs.

9.Notices.

     Any  notice which any of the parties hereto may desire to serve upon any of
the other parties hereto shall be in writing and shall be conclusively deemed to
have  been  received  by  the  party at its address, if mailed, postage prepaid,
United  States  mail,  registered,  return  receipt  requested, to the following
addresses:

If  to  NMTH                  NetMeasure  Technology,  Inc.
                              118  Howe  Street
                              Victoria,  BC  V8V  4K4
                              Canada
                              Facsimile  No.:  (250)  ____-________
                              Attention:  Peter  Lapnieks,  President

     If  to  S-Cam:           S-Cam  Co.,  Ltd.
                              Buk-ri  35
                              Nama-Myun
                              YonginCity,  Korea
                              Facsimile  No.:
                              Attn:  Bon-Kwan  Koo,  Chief  Executive  Officer

10.     Successors.

     This Agreement shall be binding upon and inure to the benefit of the heirs,
personal  representatives  and  successors  and  assigns  of  the  parties.

11.     Choice  of  Law.

     This  Agreement shall be construed and enforced in accordance with the laws
of  the State of Nevada, and the parties submit to the exclusive jurisdiction of
the  courts  of  Nevada  in  respect  of  all  disputes  arising  hereunder.

12.     Counterparts.

     This  Agreement  may  be  signed  in one or more counterparts, all of which
taken  together  shall  constitute  an  entire  agreement.

13.     Confidential  Information.

     Each  of NMTH and S-Cam hereby acknowledges and agrees that all information
disclosed  to  each  other  whether  written  or  oral,  relating to the other's
business  activities,  its  customer  names,  addresses,  all  operating  plans,
information  relating  to  its  existing services, new or envisioned products or
services  and  the  development  thereof,  scientific, engineering, or technical
information  relating  to  the others business, marketing or product promotional
material,  including brochures, product literature, plan sheets, and any and all
reports  generated  to  customers, with regard to customers, unpublished list of
names,  and  all  information  relating  to  order processing, pricing, cost and
quotations,  and  any  and  all  information  relating  to  relationships  with
customers, is considered confidential information, and is proprietary to, and is
considered the invaluable trade secret of such party (collectively "Confidential
Information").  Any  disclosure  of  any  Confidential  Information by any party
hereto,  its  employees,  or representatives shall cause immediate, substantial,
and  irreparable  harm  and  loss to the other.  Each party understands that the
other desires to keep such Confidential Information in the strictest confidence,
and  that  such  party's  agreement  to  do  so is a continuing condition of the
receipt  and possession of Confidential Information, and a material provision of
this  agreement,  and  a  condition  that  shall survive the termination of this
Agreement.  Consequently,  each party shall use Confidential Information for the
sole  purpose  of  performing  its  obligations  as  provided  herein.

14.     Public  Announcement.

     The  parties  shall  make no public announcement concerning this agreement,
their  discussions or any other letters, memos or agreements between the parties
relating  to  this  agreement until such time as they agree to the contents of a
mutually  satisfactory press release which they intend to release on the date of
execution  of  this Agreement.  Either of the parties, but only after reasonable
consultation  with  the  other, may make disclosure if required under applicable
law.

15.     Entire  Agreement.

     This  Agreement  sets  forth  the entire agreement and understanding of the
Parties  hereto  with  respect  to  the  transactions  contemplated  hereby, and
supersedes  all prior agreements, arrangements and understandings related to the
subject  matter  hereof.  No  understanding,  promise,  inducement, statement of
intention,  representation,  warranty,  covenant  or condition, written or oral,
express  or implied, whether by statute or otherwise, has been made by any Party
hereto  which  is  not  embodied  in  this  Agreement or the written statements,
certificates, or other documents delivered pursuant hereto or in connection with
the  transactions  contemplated hereby, and no party hereto shall be bound by or
liable  for  any  alleged  understanding,  promise,  inducement,  statement,
representation,  warranty,  covenant  or  condition  not  so  set  forth.

16.     Costs  and  Expenses.

     Except as otherwise specifically set forth herein, each party will bear its
own  attorneys,  brokers,  investment  bankers, agents, and finders employed by,
such  party.  The  parties  will indemnify each other against any claims, costs,
losses, expenses or liabilities arising from any claim for commissions, finder's
fees  or  other  compensation  in  connection with the transactions contemplated
herein which may be asserted by any person based on any agreement or arrangement
for  payment  by  the  other  party.

17.     Attorney's  Fees.

     Should  any  action  be  commenced  between  the  parties to this Agreement
concerning  the  matters  set forth in this Agreement or the right and duties of
either  in  relation  thereto,  the  prevailing  party  in  such Action shall be
entitled,  in  addition  to such other relief as may be granted, to a reasonable
sum  as  and  for  its  Attorney's  Fees  and  Costs.

18.     Finders.

     NMTH  represents  and  warrants  that there are no finders or other parties
which  have  represented NMTH in connection with this transaction which have not
been  previously  provided with appropriate compensation.  In the event any such
finders  make  a  claim  for  any  fee,  share issuance of other compensation in
connection  with  the  transactions  contemplated hereby, they shall be the sole
responsibility of NMTH.  S-Cam represents and warrants that there are no finders
or  other  parties  which  have  represented  S-Cam  in  connection  with  this
transaction.  In  the  event  any  such  finders make a claim for any fee, share
issuance  of other compensation in connection with the transactions contemplated
hereby,  they  shall  be  the  sole  responsibility  of  S-Cam.

<PAGE>

IN  WITNESS  WHEREOF,  the parties hereto have executed this Agreement as of the
date  first  above  written.

For  and  on  behalf  of:          NetMeasure  Technology,  Inc.
                    a  Nevada  corporation

                    By: /s/ Peter Lapnieks
                    Peter  Lapnieks
                    President

For  and  on  behalf  of:          S-Cam  Co.,  Ltd.

                    By: /s/ Bon-Kwan Koo
                    Bon-Kwan  Koo
                    Chief  Executive  Officer

<PAGE>
SCHEDULE

Schedule  7(a)
--------------

S-Cam has a 15% interest in a cell phone module company, with a total investment
of  KRW780mil.

Schedule  7(d)
--------------

The  transaction  is  subject  to  approval  of  the Korean Government under the
foreign  exchange  and  investment  regulations.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00091-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00091-of-00352.parquet"}]]