Document:

EXHIBIT 4.8
                            LOCK-UP ESCROW AGREEMENT

     This  LOCK-UP  ESCROW  AGREEMENT,  dated  as  of  _________,  2002  (this
"Agreement"),  by  and  among  NETWORD, INC., a Delaware corporation ("Parent"),
HOME  DIRECTOR,  INC.,  a  Delaware  corporation  ("HD"), and [CONTINENTAL STOCK
TRANSFER  AND  TRUST  COMPANY],  as  Lock-Up  Escrow  Agent (the "Lock-Up Escrow
Agent").
                              W I T N E S S E T H:

     WHEREAS,  Parent,  Webspeak Acquisition Corp., a Delaware corporation and a
wholly-owned subsidiary of Netword ("Sub") and HD have entered into an Agreement
and  Plan  of  Merger,  dated  as  of  April ___, 2002 (the "Merger Agreement"),
whereby  Sub  will  merge  with  and  into  HD  on  the terms and subject to the
conditions  set  forth  in  the  Merger  Agreement  (the  "Merger");

     WHEREAS, the Merger Agreement provides that each holder of HD Shares will,
at the Effective Time, be entitled to receive, in exchange for its HD Shares, a
number of Parent Shares as determined in accordance with the Merger Agreement
(the "Merger Consideration");

     WHEREAS, the parties desire (i) that 50% of the Parent Shares issued in the
Merger, (the "Lock-Up Shares") be subject to the lock-up restrictions described
herein (the "Lock-Up"), and, (ii) at the Effective Time, the Lock-Up Shares be
deposited with the Lock-Up Escrow Agent subject to release in accordance with
the terms hereof; and

     WHEREAS,  the  Lock-Up  Escrow  Agent  is  willing to act as Lock-Up Escrow
Agent,  upon  the  express  terms  and subject to the express conditions of this
Agreement.

     NOW,  THEREFORE,  in  consideration  of  the  foregoing  and other good and
valuable  consideration,  the  parties  hereby  agree  as  follows:

     1.     DEFINED TERMS.  Capitalized terms used in this Agreement and not
otherwise defined herein shall have the meanings ascribed to them in the Merger
Agreement.

     2.     APPOINTMENT OF LOCK-UP ESCROW AGENT.  HD and Parent hereby appoint
the Lock-Up Escrow Agent to act as agent on their behalf pursuant to this
Agreement, and the Lock-Up Escrow Agent hereby consents to its appointment in
such capacity on the terms and conditions of this Agreement.

     3.     DEPOSIT OF LOCK-UP SHARES.  On the Closing Date, Parent will deliver
to the Lock-Up Escrow Agent (i) a list containing the name, address and number
of Lock-Up Shares held by each HD Stockholder (the "HD Stockholder List"), (ii)
certificates representing the Lock-Up Shares to be issued to each HD Stockholder
("Lock-Up Certificates"), and (iii) any and all other documents required from
time to time by the Lock-Up Escrow Agent to effect transfers of the Lock-Up
Shares in accordance herewith.

     4.     Release of Lock-Up Shares.

     4.1     Authorized Disbursements.  The Lock-Up Escrow Agent is hereby
authorized to  disburse  the  Lock-Up  hares  only  as  follows:

          (a) to the HD Stockholders in accordance with Section 4.2 of this
     Agreement;

          (b) to the HD Stockholders upon receipt of a written instruction
     signed by Parent and Spencer Trask Ventures, Inc. ("STV"); or

          (c) to the HD Stockholders in accordance with a final and binding
     judgment rendered by a court of competent jurisdiction and delivered to the
     Lock-Up Escrow Agent together with a certificate signed by Parent (upon
     which certificate the Lock-Up Escrow Agent shall conclusively rely and act)
     certifying that said judgment represents a final adjudication by a court of
     competent jurisdiction.

     4.2     Expiration of Lock-Up; Release of Lock-Up Shares.   Unless released

<PAGE>
earlier pursuant to Section 4.1, the Lock-Up Escrow Agent shall release and
deliver the Lock-Up Shares to the HD Stockholders, upon their written
instructions, (in the denominations set forth in the HD Stockholder List) on the
date that is three months following the Closing Date.

     5.     Certain Rights of the Stockholders.

          5.1 Distributions and Dividends. As of the Effective Time, each HD
     Stockholder that complies with the exchange procedures set forth in Section
     3.3(a) of the Merger Agreement shall be entitled to receive directly from
     Parent all cash dividends and other distributions paid or made with respect
     to the Lock-Up Shares.

     6.     Lock-Up Escrow Agent.

     6.1 Duties of Lock-Up Escrow Agent. The Lock-Up Escrow Agent shall treat
the Lock-Up Shares with such degree of care as it treats its own similar
property. It is agreed that the duties of the Lock-Up Escrow Agent are only such
as are herein specifically provided, and the Lock-Up Escrow Agent shall have no
other duties, implied or otherwise. The Lock-Up Escrow Agent's duties are as a
depository only, and the Lock-Up Escrow Agent shall incur no responsibility or
liability whatsoever, except for its willful misconduct or gross negligence.
Except where the terms of this Agreement expressly refer thereto, the Lock-Up
Escrow Agent shall not be bound in any way by any of the terms of the Merger
Agreement or any other agreement to which one or more of Parent and HD are
parties, whether or not the Lock-Up Escrow Agent has knowledge thereof, and the
Lock-Up Escrow Agent shall not in any way be required to determine whether or
not the Merger Agreement or any other agreement has been complied with by Parent
and HD or any other party thereto. In the event that the Lock-Up Escrow Agent
shall be uncertain as to any of its duties or rights hereunder or shall receive
instructions, claims or demands which, in its sole judgment, are in conflict
with any of the provisions of this Agreement, it shall be entitled to refrain
from taking any action other than to keep safely all Lock-Up Shares held in
escrow until it shall be directed otherwise pursuant to a written notice from
and executed by Parent, STV and the Lock-Up Escrow Agent shall not be
responsible or liable for any damages while waiting for such written notice.
This Agreement shall not create any fiduciary duty of the Lock-Up Escrow Agent
to Parent or any other person or entity whatsoever nor disqualify the Lock-Up
Escrow Agent from representing any of such parties as transfer agent and/or
registrar.

     6.2 Reliance by Lock-Up Escrow Agent on Written Notices. The Lock-Up Escrow
Agent may conclusively rely and shall be fully authorized and protected in
relying upon any written notice, direction, instruction, demand, certificate,
advice, opinion or document which it, in good faith, believes to be genuine. Set
forth in Schedule 6.2 hereto is a list of the names of the persons authorized to
act for Parent and STV under this Agreement. The Lock-Up Escrow Agent may
conclusively rely on and shall be authorized and fully protected in acting upon
the written, facsimile or electronically delivered instructions of Parent and
STV.

     6.3 Risk to Lock-Up Escrow Agent. In no event shall the Lock-Up Escrow
Agent be liable (i) for any consequential, punitive or special damages or (ii)
for an amount in excess of he value of the Lock-Up Shares, valued as of the date
of deposit. The Lock-Up Escrow Agent shall not incur any liability for not
performing any act or fulfilling any duty, obligation or responsibility
hereunder by reason of any occurrence beyond the control of the Lock-Up Escrow
Agent (including but not limited to any act or provision of any present or
future law or regulation or governmental authority, any act of God or war, or
the unavailability of the Federal Reserve Bank wire or telex or other wire or
communication facility).

     6.4 No Investigation by Lock-Up Escrow Agent. The Lock-Up Escrow Agent
shall not be required or bound to make any investigation into the facts or
matters stated in any resolution, certificate, statement, instrument, opinion,
report, notice, request, consent, entitlement, order, approval or other paper or
document.

     6.5 Lock-Up Escrow Agent's Execution of Power. The Lock-Up Escrow Agent may
execute any of the trusts or powers hereunder or perform any duties hereunder
either directly or by or through agents, attorneys, custodians, or nominees
appointed with due care, and shall not be responsible or liable for the acts or
omissions of any agent, attorney, custodian or nominee so appointed except for
acts that constitute willful misconduct or gross negligence.

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<PAGE>
     6.6     Legal  Proceedings.

          (a) The Lock-Up Escrow Agent shall not be required to institute legal
     proceedings of any kind.

          (b) If at any time the Lock-Up Escrow Agent is served with any
     judicial or administrative order, judgment, decree, writ or other form of
     judicial or administrative process which in any way affects all or any
     portion of the Lock-Up Shares (including but not limited to orders of
     attachment or garnishment or other forms of levies or injunctions or stays
     relating to the transfer of all or any portion of the Lock-Up Shares), the
     Lock-Up Escrow Agent is authorized to comply therewith in any manner as it
     or legal counsel of its own choosing deems appropriate; and if the Lock-Up
     Escrow Agent complies in good faith with any such judicial or
     administrative order, judgment, decree, writ or other form of judicial or
     administrative process, the Lock-Up Escrow Agent shall not be liable to any
     of the parties hereto or to any other person or entity even though such
     order, judgment, decree, writ or process may be subsequently modified or
     vacated or otherwise determined to have been without legal force or effect.
     The Lock-Up Escrow Agent shall provide Parent with notice, in accordance
     with Section 7.3, of any such orders, judgments, decrees or writs (along
     with copies of any related documentation), and the Lock-Up Escrow Agent
     shall reasonably consult with Parent and HD and its counsel with respect to
     such legal actions.

     6.7     Lock-Up  Escrow  Agent  Reporting.  Notwithstanding anything to the
contrary herein, except as required by law, in no event shall the Lock-Up Escrow
Agent  be  under a duty to file any reports or withhold or deduct any amounts
in respect  of  taxes  due  for  payments  made  pursuant  to  this  Agreement.

     6.8 Fees of the Lock-Up Escrow Agent. Parent covenants and agrees to pay to
the Lock-Up Escrow Agent from time to time, and the Lock-Up Escrow Agent shall
be entitled to, the fees and expenses agreed to in writing between Parent and
the Lock-Up Escrow Agent (which at the date hereof are set forth in Schedule 6.8
hereto) and will further pay or reimburse the Lock-Up Escrow Agent upon its
request for all reasonable expenses, disbursements and advances incurred or made
by the Lock-Up Escrow Agent in accordance with any of the provisions hereof or
any other documents executed in connection herewith (including the reasonable
compensation and the reasonable expenses and disbursements of its counsel and of
all persons not regularly in its employ), which related expenses, disbursements
and advances shall be paid by the requesting party, as set forth therein. The
obligations of Parent under this Section 6.8 to compensate the Lock-Up Escrow
Agent and to pay or reimburse the Lock-Up Escrow Agent for reasonable expenses,
disbursements and advances shall survive the satisfaction and discharge of this
Agreement or the earlier resignation or removal of the Lock-Up Escrow Agent.

     6.9 Indemnification of the Lock-Up Escrow Agent. Parent agrees to indemnify
and hold the Lock-Up Escrow Agent and its directors, employees, officers,
agents, successors and assigns harmless from and against any and all losses,
claims, damages, liabilities and expenses, including, without limitation,
reasonable costs of investigation and reasonable counsel fees and expenses which
may be imposed on the Lock-Up Escrow Agent or incurred by it in connection with
its acceptance of this appointment as the Lock-Up Escrow Agent hereunder or the
performance of its duties hereunder, except as a result of the Lock-Up Escrow
Agent's gross negligence or willful misconduct. Such indemnity includes, without
limitation, all losses, damages, liabilities and expenses (including reasonable
counsel fees and expenses) incurred in connection with any litigation (whether
at the trial or appellate levels) arising from this Agreement or involving the
subject matter hereof. The indemnification provisions contained in this Section
6.9 are in addition to any other rights any of the indemnified parties may have
by law or otherwise and shall survive the termination of this Agreement or the
resignation or removal of the Lock-Up Escrow Agent.

     6.10 Successor to Lock-Up Escrow Agent. Any corporation or other entity
whatsoever into which the Lock-Up Escrow Agent may be merged or converted or
with which it may be consolidated, and any corporation or other entity
whatsoever resulting from any merger, conversion or consolidation to which the
Lock-Up Escrow Agent shall be a party or any corporation or other entity
whatsoever succeeding to the business of the Lock-Up Escrow Agent shall be the
successor of the Lock-Up Escrow Agent hereunder without the execution or filing
of any paper with any party hereto except where an instrument of transfer or
assignment is required by law to effect such succession.

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<PAGE>

     6.11 Resignation of Lock-Up Escrow Agent. If the Lock-Up Escrow Agent at
any time, in its sole discretion, deems it necessary or advisable to resign as
the Lock-Up Escrow Agent hereunder, it may do so by giving prior written notice
of such event to Parent, HD and STV and thereafter delivering the Lock-Up Shares
to any other agent designated by Parent and STV as communicated to the Lock-Up
Escrow Agent in writing, and if no such agent shall be designated by Parent and
STV within 60 calendar days of such written notice, then the Lock-Up Escrow
Agent may do so by delivering the Lock-Up Shares either (a) to any bank or trust
located in the State of New York which is willing to act as Lock-Up Escrow Agent
hereunder in its place (provided that the fees charged by such bank or trust
company are not in excess of the fees charged by the Lock-Up Escrow Agent for
its services hereunder) or (b) if no such bank or trust company can be retained
within a reasonable period after such 60 calendar day period after the delivery
by the Lock-Up Escrow Agent of its written notice, then the Lock-Up Escrow Agent
shall seek the appointment of its successor as prescribed by the clerk or other
proper officer of a court of competent jurisdiction located within the State of
New York to the extent permitted by law (any such successor to the Lock-Up
Escrow Agent, whether designated by Parent and STV or pursuant to the clause
above or otherwise, is hereinafter referred to as the "Successor Agent"). The
costs and expenses (including reasonable attorneys' fees and expenses) incurred
by the Lock-Up Escrow Agent in connection with such proceeding for the
appointment of a Successor Agent shall be paid by Parent. Parent and STV may, at
any time after the date hereof, upon 30 calendar days prior written notice to
the Lock-Up Escrow Agent, appoint a Successor Agent for the resignation or
removal of the Lock-Up Escrow Agent, whereupon the Lock-Up Escrow Agent shall
deliver the Lock-Up Shares to such Successor Agent, as provided below. The
reasonable fees of any Successor Agent shall be borne by Parent. Upon receipt of
the identity of the Successor Agent, the Lock-Up Escrow Agent shall deliver the
Lock-Up Shares then held hereunder to the Successor Agent. Upon delivery of the
Lock-Up Shares to the Successor Agent, (i) the Lock-Up Escrow Agent shall be
discharged from any and all responsibility or liability with respect to the
Lock-Up Shares (except as otherwise provided herein) and (ii) all references
herein to the "Lock-Up Escrow Agent" shall, where applicable, be deemed to
include such Successor Agent and such Successor Agent shall thereafter become
the Lock-Up Escrow Agent for all purposes of this Agreement.

     7.     Miscellaneous.

     7.1 Construction; Interpretation. The headings contained in this Agreement
are for reference purposes only and shall not affect in any way the meaning or
interpretation of this Agreement. Article, section, schedule, exhibit, recital
and party references are to this Agreement unless otherwise stated. No party,
nor its counsel, shall be deemed the drafter of this Agreement for purposes of
construing the provisions of this Agreement, and all provisions of this
Agreement shall be construed in accordance with their fair meaning, and not
strictly for or against any party.

     7.2 Amendments and Modifications. No party hereto shall be bound by any
modification, amendment, termination, cancellation, rescission or supersession
of this Agreement unless the same shall be in writing and signed by it.

     7.3 Notices. All notices and other communications hereunder shall be in
writing and shall be effective when actually received by the party to which
notice is sent as follows:

                                          With copies to:
   (a)  If to Parent, to:                (which shall not constitute notice)

        Netword, Inc.
        1270 Avenue of the Americas       Kronish Lieb Weiner & Hellman LLP
        Suite 1800                        1114 Avenue of the Americas
        New York, N.Y. 10036              New York, New York 10036
        Facsimile:  (212) 392-1988        Facsimile:  (212) 479-6275
        Attention:  Kent M. Klineman      Attention:  Russell S. Berman

                                        4
<PAGE>
                                          Snow Becker Krauss P.C.
                                          605 Third Avenue
                                          New York, New York 10185-0125
                                          Facsimile:  (212) 687-3860
                                          Attention:  Eric Honick

 (c) If to the Lock-Up Escrow Agent, to:

     [Continental Stock Transfer & Trust
     Company]
     Facsimile:
     Attention:

or  to  such  other address as the person to whom notice is being given may have
previously  furnished  to  the  other parties in writing in the manner set forth
above.

     7.4 Assignment. Subject to Sections 6.10 and 6.11, neither this Agreement
nor any of the rights, interests or obligations hereunder shall be assigned by
any party (whether by operation of law or otherwise) without the prior written
consent of Parent, HD and the Lock-Up Escrow Agent; provided that Parent may
assign its rights and obligations to any affiliate, but no such assignment shall
relieve such Parent of its obligations hereunder. This Agreement will be binding
upon, inure to the benefit of and be enforceable by the parties and their
respective successors and permitted assigns.

     7.5 Termination of Agreement. This Agreement shall terminate when all of
the Lock-Up Shares have been delivered according to the terms of this Agreement.

     7.6 Representation. Each of the parties hereby represents and warrants that
this Agreement has been duly authorized, executed and delivered on its behalf
and constitutes its legal, valid and binding obligation.

7.7     Other  Miscellaneous  Provisions.

          (a) This Agreement may be executed simultaneously in counterparts,
     each of which shall be deemed an original, but all of which together shall
     constitute one and the same instrument.

          (b) Whenever under the terms hereof the time for giving a notice or
     performing an act falls upon a Saturday, Sunday, or banking holiday, such
     time shall be extended to the next day on which Lock-Up Escrow Agent is
     open for business.

          (c) Each party agrees that any suit, action or proceeding with respect
     to this Agreement, and the performance of the parties hereunder shall only
     be brought in the courts of the State of Delaware, including any federal
     court located within the State of Delaware. Accordingly, each party submits
     irrevocably to the exclusive jurisdiction of such courts for the purpose of
     any such suit, action or proceeding and waives irrevocably any right which
     it may have to bring any such suit, action or proceeding in any forum other
     than a court of the State of Delaware, or in any federal court located
     within the State of Delaware, and any defense which it may have to the
     enforcement of this provision, whether based on the inconvenience of the
     forum or otherwise.

          (d) The Lock-Up Escrow Agent does not have any interest in the Lock-Up
     Shares deposited hereunder but is serving as escrow holder only. Parent
     agrees to pay or reimburse the Lock-Up Escrow Agent upon request for any
     transfer taxes or other taxes relating to the Lock-Up Shares incurred in
     connection herewith and shall indemnify and hold harmless the Lock-Up
     Escrow Agent for any amounts that it is obligated to pay in the way of such
     taxes. Any payments of income in respect of the Lock-Up Shares shall be
     subject to withholding regulations then in force with respect to United
     States taxes. The parties hereto will provide the Lock-Up Escrow Agent with

                                        5
<PAGE>
     appropriate forms for tax I.D. number certifications.

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK -
                      THE NEXT PAGE IS THE SIGNATURE PAGE]

                                        6
<PAGE>

     IN WITNESS WHEREOF, the parties have caused this Agreement to be executed
as of the day and year first above written.

                          NETWORD, INC.
                          By: ____________________
                          Name:  Michael Wise
                          Title:  President and CEO

                          HOME DIRECTOR, INC.
                          By: ____________________
                          Name:  Donald Witmer
                          Title:  Chairman and CEO

                          LOCK-UP ESCROW AGENT:
                          [CONTINENTAL STOCK TRANSFER & TRUST
                          COMPANY], as Lock-Up Escrow Agent
                          By: _____________________________
                          Name:
                          Title:

                                        7<PAGE>
                             AMENDMENT TO AGREEMENTS

         THIS AMENDMENT TO AGREEMENTS ("AMENDMENT") is made and entered into as
of July 29, 2002, by and between MINDARROW SYSTEMS, INC., a corporation
organized under the laws of the State of Delaware (the "COMPANY"), and the
parties ("PURCHASERS") set forth on the execution pages hereof, and amends that
certain Securities Purchase Agreement ("SPA") and Investors' Rights Agreement
("IRA"), each dated as of June 12, 2002, to which the Company and the Purchasers
are parties. Capitalized terms used herein and not otherwise defined herein
shall have the meanings ascribed to them in the SPA, as amended hereby.

                                   WITNESSETH

         WHEREAS, the Lead Investor has an obligation under the SPA to purchase
a total of 3,100,000 Shares in the Second Closing for an aggregate Second
Investment Amount of $1,240,000 and an obligation under the SPA, under the terms
and conditions contained therein, to purchase a total of 2,500,000 in Demand
Shares;

         WHEREAS, the Lead Investor has indicated to the Company its desire to
amend certain of their obligations under the SPA and extend the timing of the
Second Closing and purchase of Demand Shares under the SPA;

         WHEREAS, the Company has scheduled a special meeting of its
stockholders to consider and vote upon the approval of the sale of securities in
the Second Closing, which the Company intends to reschedule to approximately the
week of August 5, 2002, subject to disclosure of this Amendment to the Company's
stockholders and compliance with the rules and regulations of the Securities and
Exchange Commission and Nasdaq (as rescheduled, the "SPECIAL MEETING"); and

         WHEREAS, the parties desire to amend the SPA and IRA in an effort to
provide to the Company substantially the same benefits under those agreements.

         NOW, THEREFORE, in consideration of these premises and for other good
and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties hereto agree as follows:

                                    AGREEMENT

1.       AMENDMENT TO SECURITIES PURCHASE AGREEMENT.

         1.1 Section 2.2(d) of the SPA is hereby deleted in the entirety and
replaced with the following:

                  "(d) Subject to the satisfaction (or waiver) of the conditions
         thereto set forth in Section 6 and Section 7 below, the sale of Shares
         for the Second Investment Amount (the "SECOND CLOSING(S)") shall occur
         in two closings, with (a) a closing for $700,000 to occur no later than
         the third business day after the affirmative vote at the Special
         Meeting (as it may be rescheduled) of the issuance of shares of Common
         Stock and Warrants in the Second Closing, and (b) a closing for the
         remaining $540,000 to occur no later than forty-five (45) days

                                       1
<PAGE>
         thereafter, provided, however, that the Lead Investor and the
         management of the Company shall cooperate during such 45-day period to
         solicit other investors to participate in the purchase of all or a
         portion of the $540,000 in Shares remaining to be purchased on
         substantially the same terms as those called for in the SPA. The date
         on which the $1,240,000 shall have been invested in full shall be
         referred to as the "SECOND CLOSING DATE". The Second Closings shall
         occur at the Los Angeles offices of Buchalter, Nemer, Fields & Younger,
         P.C. or at such other place as Lead Investor and the Company may
         otherwise mutually agree."

         1.2 The Lead Investor and EastWest Venture Group, LLC hereby (a) waive
the conditions to the Second Closing set forth in (i) Section 7.9 of the SPA
that there shall not have occurred any Material Adverse Effect from the date of
the SPA through the Second Closing Date and (ii) Section 7.5 of the SPA to the
extent it requires that the representations and warranties in Section 4.7 be
true and correct at the time of the Second Closing, in each case as to any
factual matters disclosed or made known to the Lead Investor as of the date
hereof and only as to those matters involving the financial or sales performance
of the Company, and (b) agree to extend the times of the Special Meeting and
Second Closing Date to the times contemplated in this Amendment.

         1.3 Section 5.14 of the SPA is hereby deleted in the entirety and
replaced with the following:

                  "5.14 Future Common Stock Purchases. The Lead Investor agrees
         to buy one (1) additional share of Common Stock for every three (3)
         shares of Common Stock (the "DEMAND Shares") originally purchased by
         the Purchasers under this Agreement at a purchase price of $.40 per
         share upon a written demand (the "DEMAND") from the Company that is
         authorized by a resolution passed by a majority of the Board of
         Directors. For each Demand Share purchased by the Lead Investor, or its
         assignee, the Company shall issue to the Lead Investor, or its
         assignee, a total of 0.15 Advisory Warrants, 0.6 Consulting Warrants,
         0.25 Re-Set Warrants and 0.15 Exclusivity Warrants. The Board of
         Directors requesting the Demand must include as members of the Board
         the two directors representing the Lead Investor as set forth in
         Section 3.4 of the Investors' Rights Agreement and Section 7.12 in this
         Agreement, provided, however, that if two directors representing the
         Lead Investor have not yet been appointed to the Board of Directors and
         the Company is not in breach of its obligations set forth in Section
         3.4 of the Investors' Rights Agreement, then the Board of Directors
         requesting the Demand must include at least the number of directors
         representing the Lead Investor at such time. The purchase of the Demand
         Shares by the Lead Investor, or assignees of the Lead Investor, is
         conditioned upon shareholder approval of the issuance of the Demand
         Shares. The Lead Investor agrees to purchase Demand Shares within the
         later of: (i) 30 days of receipt of the Demand by the Lead Investor or
         (ii) sixty (60) days after the earlier of the closing of the Company's
         proposed merger with Category 5 Technologies, Inc., pursuant to that
         certain Agreement and Plan of Merger dated July 12, 2002, or the date
         such agreement is terminated pursuant to its provisions (the "C5
         DETERMINATION DATE"). The Demand may be once or in multiple partial
         closings, and must be received by the

                                       2
<PAGE>
         Lead Investor no later than nine months after the C5 Determination
         Date. The Demand may be for the Lead Investor to purchase a lesser
         number of Demand Shares than the maximum number of Demand Shares
         allowed under this Section 5.14. Any sale of the Demand Shares shall be
         upon the same terms and conditions as those contained in this Agreement
         and subject to the execution and delivery of a securities purchase
         agreement substantially similar in form to this Agreement."

         1.4 Section 7.12 of the SPA is hereby deleted in the entirety and
replaced with the following:

         "7.12 Directors. As a condition to the Second Closing, the Board of
         Directors shall appoint a nominee of the Lead Investor to fill the
         vacancy on the Board of Directors until the next annual meeting,
         provided that the Lead Investor has made such a nomination within a
         reasonable time prior to the Second Closing Date and such nomination is
         made in accordance with Section 3.4(a) of the Investors' Rights
         Agreement. Before the Second Closing, the Company must also comply with
         and meet the requirements of Section 3.3 of the Investors' Rights
         Agreement."

         1.5 Annex I to the SPA is hereby deleted in the entirety and replaced
with the following:

<TABLE>
<CAPTION>
                               UNDERLYING SHARES        UNDERLYING SHARES PER
                                PER WARRANT AT               WARRANT AT
    WARRANTS                   INITIAL CLOSING             SECOND CLOSING
 ---------------               ---------------             --------------
<S>                            <C>                      <C>
Advisory Warrants                      900,000                225,000
Consulting Warrants                  3,600,000                900,000
Re-Set Warrants                      1,100,000                775,000
</TABLE>

2.       AMENDMENT TO INVESTORS' RIGHTS AGREEMENT.

         2.1 Section 3.1(d) of the IRA is hereby amended so that the words
"issued prior to the date hereof" in clause (vii) are deleted.

         2.2 Until the Second Closing has occurred, the obligations of the
Company under Section 3.2 of the IRA shall be suspended. Upon the Second
Closing, Section 3.2 of the IRA shall become effective but shall be revised in
the entirety to read as follows:

                  "3.2     Protective Provisions.

                  (a) The Company shall not take any of the following actions
         without the prior approval of the Board of Directors:

                           (i) Incurring third party indebtedness above
$100,000;

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<PAGE>
                           (ii) Incurring any capital expenditure above
$100,000;

                           (iii) Appointment or removal of the Chief Executive
Officer, Chief Operating Officer, and/or Chief Financial Officer;

                           (iv) Sale of any material assets (including but not
limited to intellectual property);

                           (v) Issuance, sale, redemption or repurchase of any
of the Company's securities, except for the issuance and sale of securities
pursuant to the Securities Purchase Agreement; or

                           (vi) Change or alteration in the nature of the
Company's business.

                  (b) The Company shall not take any of the following actions
         without the prior written approval of the Lead Investor:

                           (i) Sale (directly or indirectly, in a single
transaction or series of related transactions) of the Company whether through
(A) the disposition of all or substantially all of the assets or businesses of
the Company, (B) the sale or issuance to a purchaser of all or substantially all
of the outstanding Common Stock and/or Preferred Stock of the Company, or (C)
the merger or consolidation of the Company with or into another entity,
provided, however, (X) that such approval shall not be unreasonably withheld,
and (Y) such approval shall not be required if the Lead Investor is entitled to
receive, as a result of such transaction, any benefits or value in addition to
that which it would receive as a holder of stock or other securities of the
Company;

                           (ii) Distributions of cash to equity holders;

                           (iii) Transactions with any Affiliates of the
Company, other than direct or indirect subsidiaries of the Company;

                           (iv) Change in the number of authorized directors;
and

                           (v) Liquidation or dissolution of the Company or a
reclassification of its outstanding capital stock.

In order to obtain the approval of the Lead Investor, the Company must provide
at least ten (10) days' prior written notice to the Lead Investor of its
intention to undertake such action(s) along with additional written information
concerning the proposed action(s) to enable the Lead Investor to form a
reasonable judgment. After receipt of such notice, the Lead Investor will have
ten (10) days to approve or deny such proposed action(s) by written notice, if
no notice of approval or denial is received by the Company within such timeframe
then the action(s) contained in the original notice by the Company will be
deemed to have been approved by the Lead Investor pursuant to this Section
3.2(b)."

                                       4
<PAGE>
         2.3 Sections 3.4(a) and (b) of the IRA are hereby deleted in the
entirety and replaced with the following:

                  "(a) The Company has agreed to appoint Merv Adelson to the
         Board of Directors as a nominee of the Lead Investor and will use its
         commercially reasonable best efforts to encourage the Board of
         Directors to appoint another nominee, who would be an Independent
         Director, to the Board of Directors, effective upon the Second Closing.
         Thereafter, the Company covenants and agrees that the Board of
         Directors will nominate the two (2) individuals recommended by the Lead
         Investor, at least one of whom would be an Independent Director, and
         will put forth their reasonable best efforts to effect the election of
         such directors. Each Investor covenants and agrees that such Investor
         will vote its shares of Common Stock for the election of the two
         individuals designated by the Lead Investor to the Company's Board of
         Directors."

                  "(b) If a designee of any of the Investors nominated and
         elected to the Board of Directors pursuant to this Section 3.4 resigns
         or is removed from or vacates such position for any reason prior to the
         expiration of his or her term as a director of the Company, the Lead
         Investor shall have the right to select a replacement designee, at
         least one of whom would be an Independent Director, and the Company
         shall cause its directors to nominate such replacement designee for the
         Board of Directors and the Investors shall vote their shares of Common
         Stock at any regular or special meeting called for the purpose of
         filling positions on the Board of Directors, or in any written consent
         executed in lieu of such a meeting of stockholders, and shall take all
         other actions necessary to aid in the election to the Board of
         Directors of such replacement designee to fill the unexpired term of
         the designee whom such new designee is replacing."

         2.4 Section 4.13 of the IRA is hereby deleted in the entirety and
replaced with the following:

                  "4.13 Termination. This Agreement shall terminate as to each
         Investor, when such Investor no longer owns any Shares or no longer has
         any Warrants or the Exclusivity Warrant outstanding or, if sooner,
         twenty-four (24) months after the effectiveness of a registration
         statement covering the Shares or shares underlying any Warrants."

3.       RE-SET WARRANTS.

         3.1 The Re-Set Warrants issued to EastWest Venture Group LLC on or
about June 12, 2002 shall be amended so that the first sentence of the first
paragraph shall read as follows:

         "MindArrow Systems, Inc., a Delaware corporation (the "COMPANY"),
         hereby issues to EastWest Venture Group LLC (the "HOLDER") this warrant
         (the "WARRANT") to purchase 912,500 shares of the Company's common
         stock, $0.001 par value (the "COMMON STOCK"), at any time or from time
         to time during the

                                       5
<PAGE>
         period beginning from the Second Closing Date (as defined in the
         Securities Purchase Agreement dated June 12, 2002, as amended, to which
         the Company and the Holder are parties) and continuing for one year
         thereafter (or any earlier date specified by the Company in a written
         notice given by the Company to the Holder) at the Exercise Price if and
         when, during such period, the Company's Common Stock trades for 20
         consecutive Trading Days at an average Closing Price of less than $0.40
         per share."

         3.2 Upon execution of this Amendment by any of the other Purchasers who
hold Re-Set Warrants, such other Re-Set Warrants shall be amended in a manner
consistent with the amendment to the Re-Set Warrants described in Section 3.1
above.

4. EXPENSES. The Lead Investor shall reimburse the Company for its actual costs
and expenses (including legal fees and expenses) up to $10,000 incurred by the
Company in connection with discussing, negotiating and documenting the changes
set forth in this Amendment and preparing and circulating revisions to the proxy
statement for the Company's Special Meeting of Stockholders to approve the
Second Closing. Such costs and expenses shall be reimbursed to the Company by
way of an offset to the amounts due to the Lead Investor by the Company under
Section 5.5 of the SPA.

5.       REDUCTION IN EXCLUSIVITY WARRANTS.

         5.1 The "Exclusivity Warrant" issued to East-West Capital Associates,
Inc. on June 12, 2002 shall be amended effective immediately to reduce the
number of shares for which the warrant is exercisable from 871,428 shares to
496,428 shares.

6.       MERGER WITH CATEGORY 5.

         6.1 Concurrently with the execution of this Agreement, each of
East-West Capital Associates, Inc. and EastWest Venture Group LLC shall execute
and deliver to the Company the Voting Agreement relating to the merger of the
Company with Category 5 Technologies, Inc., substantially in the form attached
hereto as Exhibit A.

         6.2 East-West Capital Associates, Inc. hereby consents, pursuant to
Section 3.2(b) of the IRA, to an increase in the size of the Board of Directors
of the Company to at least nine (9) members in connection with the closing of
the proposed merger with Category 5 Technologies, Inc.

7.       MISCELLANEOUS.

         7.1 Governing Law. This Amendment shall be governed by and construed in
accordance with the laws of the State of California as such laws apply to
agreements among California residents made and to be performed entirely within
the State of California.

         7.2 Entire Amendment. This Amendment constitutes the entire agreement
among the parties pertaining to the subject matter hereof and supercedes any and
all prior or contemporaneous amendments relating to the subject matter hereof.
Except as expressly amended hereby, the SPA and the IRA shall remain unchanged
and in full force and effect. This

                                       6
<PAGE>
Amendment shall be deemed part of and is hereby incorporated into the SPA and
the IRA, as appropriate. To the extent that any term and conditions of the SPA
or the IRA shall contradict or be in conflict with any terms or conditions of
this Amendment, the terms and conditions of this Amendment shall control.

         7.3 Counterparts. This Amendment may be executed in any number of
counterparts, all of which taken together shall constitute one and the same
instrument and any of the parties hereto may execute this Amendment by signing
any such counterpart.

         7.4 Amendments. This Amendment may be amended and the observance of any
term hereof may be waived (either generally or in a particular instance and
either retroactively or prospectively) only in accordance with the Amendment
provisions of the SPA or the IRA, as appropriate.

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

                                       7
<PAGE>
         IN WITNESS WHEREOF, the parties hereto have executed this AMENDMENT TO
AGREEMENTS as of the date first above written.

                                         MINDARROW SYSTEMS, INC.

                                         By:      /s/ Robert Webber
                                             -----------------------------------
                                         Name:    Robert Webber
                                         Its:     Chief Executive Officer

                                         Address: 2120 Main Street, Suite 200
                                                     Huntington Beach, CA  92648

                    SIGNATURE PAGE TO AMENDMENT TO AGREEMENTS
<PAGE>
(Signature page to Amendment to Agreements - continued)

                                 EAST-WEST CAPITAL ASSOCIATES, INC.,
                                 a California corporation

                                 By:      /s/ Gary Adelson
                                     -------------------------------------------
                                 Name:    Gary Adelson
                                 Its:     Vice President

                                 Address:  10900 Wilshire Boulevard, Suite 950
                                           Los Angeles, California  90024

                                 EASTWEST VENTURE GROUP, LLC,
                                 a California limited liability company

                                 By:      /s/ Gary Adelson
                                     -------------------------------------------
                                 Name:  Gary Adelson
                                 Its:     Partner

                                 Address:  10900 Wilshire Boulevard, Suite 950
                                           Los Angeles, California  90254

                    SIGNATURE PAGE TO AMENDMENT TO AGREEMENTS
<PAGE>
                                                                       EXHIBIT A

                                VOTING AGREEMENT

         In consideration of MindArrow Systems, Inc., a Delaware corporation
("Parent"), MindArrow Acquisition Corp., a Delaware corporation ("Merger Sub"),
and Category 5 Technologies, Inc., a Nevada corporation (the "Company"),
entering into the Agreement and Plan of Merger, dated as of the date hereof (the
"Merger Agreement"), pursuant to which the Company, upon the terms and subject
to the conditions thereof, will merge with and into Merger Sub (the "Merger"),
and each outstanding share of Company Common Stock will be converted into the
right to receive the Merger Consideration in accordance with the terms of the
Merger Agreement, each of the undersigned holders (each, a "Stockholder") of
shares of Parent Common Stock agrees with each of Parent, Merger Sub and the
Company as follows:

         1. During the period (the "Agreement Period") beginning on the date
hereof and ending on the earlier of (i) the Effective Time, or (ii) the date of
termination of the Merger Agreement in accordance with its terms, each
Stockholder hereby agrees to vote the shares of Parent Common Stock set forth
opposite its name in Schedule A hereto and any voting securities of Parent that
may be acquired after the date hereof (collectively, the "Schedule A
Securities") to approve and adopt the Merger Agreement and the Merger (provided
that the Stockholder shall not be required to vote in favor of the Merger
Agreement or the Merger if the Merger Agreement has, without the consent of the
Stockholder, been amended in any manner that is material and adverse to such
Stockholder) and any actions directly and reasonably related thereto at any
meeting or meetings of the stockholders of Parent, and at any adjournment
thereof or pursuant to action by written consent, at or by which such Merger
Agreement, or such other actions, are submitted for the consideration and vote
of the stockholders of Parent so long as such meeting is held (including any
adjournment thereof) or written consent adopted prior to the termination of the
Agreement Period.

         2. During the Agreement Period, each Stockholder hereby further agrees
to vote the Schedule A Securities to (i) elect each of the Director Nominees,
(ii) approve the Reverse Split or a reverse split based on a different ratio
that is approved by the Board of Directors of Parent, (iii) approve the 2000
Incentive Plan Amendment, and (iv) approve the Restated Certificate and any
actions directly and reasonably related thereto at any meeting or meetings of
the stockholders of Parent, and at any adjournment thereof or pursuant to action
by written consent, at or by which such Director Nominees and Proposals, as
appropriate, are submitted for the consideration and vote of the stockholders of
Parent so long as such meeting is held (including any adjournment thereof) or
written consent is adopted prior to the termination of the Agreement Period.

         3. During the Agreement Period, each Stockholder hereby agrees that
such Stockholder shall not enter into any voting agreement or grant a proxy or
power of attorney with respect to the Schedule A Securities in any manner
inconsistent with the obligations of such Stockholder under this Agreement.

         4. Each Stockholder hereby represents and warrants to the Company that
as of the date hereof:

                                        1
<PAGE>
         (a) Such Stockholder (i) owns of record or beneficially all of the
shares of Parent Common Stock set forth opposite the Stockholder's name in
Schedule A hereto, (ii) has the full and unrestricted legal power, authority and
right to enter into, execute and deliver this Voting Agreement without the
consent or approval of any other person, and (iii) has not entered into any
voting agreement or other similar agreement with or granted any person any proxy
(revocable or irrevocable) in respect of such shares (other than this Voting
Agreement).

         (b) This Voting Agreement is the valid and binding agreement of such
Stockholder.

         (c) No investment banker, broker or finder is entitled to a commission
or fee from such Stockholder, Parent or Merger Sub in respect of this Voting
Agreement based upon any arrangement or agreement made by or on behalf of the
Stockholder.

         5. If any provision of this Voting Agreement shall be invalid or
unenforceable under applicable law, such provision shall be ineffective to the
extent of such invalidity or unenforceability only, without in any way affecting
the remaining provisions of this Voting Agreement.

         6. This Voting Agreement may be executed in two or more counterparts
each of which shall be an original with the same effect as if the signatures
hereto and thereto were upon the same instrument.

         7. The parties hereto agree that if, for any reason, any party hereto
shall have failed to perform its obligations under this Voting Agreement, then
the party seeking to enforce this Voting Agreement against such non-performing
party shall be entitled to specific performance and injunctive and other
equitable relief, and the parties hereto further agree to waive any requirement
for the securing or posting of any bond in connection with the obtaining of any
such injunctive relief. This provision is without prejudice to any other rights
or remedies, whether at law or in equity, that any party hereto may have against
any other party hereto for any failure to perform its obligations under this
Voting Agreement.

         8. This Voting Agreement shall be governed by and construed in
accordance with the laws of the State of California.

         9. Each Stockholder will, upon request, execute and deliver any
additional documents deemed by Parent to be reasonably necessary or desirable to
complete and effectuate the covenants contained herein.

         10. This Agreement shall terminate upon the termination of the
Agreement Period.

         11. No Stockholder shall sell, assign, encumber or otherwise dispose
of, or enter into any contract, option or other arrangement or understanding in
respect of the direct or indirect sale, assignment, transfer, encumbrance or
other disposition of, any Schedule A Securities during the term of this
Agreement unless such Stockholder first provides written notice thereof to the
Company and obtains a written agreement of the proposed transferee to be bound
by the terms of this Agreement.

                                       2
<PAGE>
         12. Parent, Merger Sub and the Company understand and agree that this
Agreement pertains only to each Stockholder and not to any of its affiliates, if
any, or advisers.

         13. Parent, Merger Sub and the Company severally, but not jointly,
represent and warrant to each Stockholder that there is no agreement,
understanding or commitment, written or oral, to pay any consideration directly
or indirectly in connection with the Merger or otherwise to or for the benefit
of any holder of Company Common Stock or options thereon other than as set forth
in the Merger Agreement (except, in the case of directors, employees, agents,
customers, suppliers or contractors of the Company who are also holders, such
consideration as is payable by the Company in the ordinary course of business,
and except for amounts payable to officers, directors or employees in connection
with or pursuant to any options or option, stock purchase, stock ownership or
other employee benefit plans or agreements).

         14. Neither Parent, Merger Sub nor the Company will enter into any
agreement with any other stockholder of Parent having a purpose or effect
substantially similar to that of this Voting Agreement on financial terms (in
respect of such other stockholder) more favorable than the terms of this Voting
Agreement.

         15. Any Stockholder who is also a director or officer of Parent will
not, by execution of this Agreement, be precluded from exercising his fiduciary
duties under applicable Law in his capacity as a director or officer with
respect to Parent and nothing herein will limit or affect, or give rise to any
liability to a Stockholder by virtue of any actions taken by such Stockholder in
his or her capacity as a director or officer of Parent.

         16. Nothing contained in this Voting Agreement shall be deemed to vest
in Parent, Merger Sub or the Company any direct or indirect ownership or
incidence of ownership of or with respect to any Schedule A Securities. All
rights, ownership and economic benefits of and relating to the Schedule A
Securities shall remain and belong to the applicable Stockholder and neither
Parent, Merger Sub nor the Company shall have any power or authority to direct
any Stockholder in the voting of any Schedule A Securities or the performance by
any Stockholder of its duties or responsibilities as a stockholder of Parent,
except as otherwise provided herein.

         17. All capitalized terms, not otherwise defined herein, shall have the
meanings set forth in the Merger Agreement.

                                       3
<PAGE>
         IN WITNESS WHEREOF, the parties hereto have executed this Voting
Agreement as of July ___, 2002.

                                       MINDARROW SYSTEMS, INC., a Delaware
                                       corporation

                                       By:
                                          --------------------------------------
                                             Name:
                                             Title:

                                       MINDARROW ACQUISITION CORP., a Delaware
                                       corporation

                                       By:
                                          --------------------------------------
                                             Name:
                                             Title:

                                       CATEGORY 5 TECHNOLOGIES, INC., a Nevada
                                       corporation

                                       By:
                                          --------------------------------------
                                             Name:
                                             Title:

                                       4
<PAGE>
                                        STOCKHOLDERS:

                                        ----------------------------------------

                                        ----------------------------------------

                                        ----------------------------------------

                                        ----------------------------------------

                                        ----------------------------------------

                                        ----------------------------------------

                                        ----------------------------------------

                                       5
<PAGE>
                                   SCHEDULE A
                                       TO
                                VOTING AGREEMENT

   Stockholder                      Class                       Number of Shares
   -----------                      -----                       ----------------

                                       6

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