Document:

EXHIBIT 10.41
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                            SUBSCRIPTION AGREEMENT
                            ----------------------

      THIS SUBSCRIPTION AGREEMENT (this "Agreement") dated as of May 15,
2000, is by and between ENTRADE INC., a Pennsylvania corporation (the
"Company"), and the undersigned subscriber (the "Subscriber").

                                   RECITALS
                                   --------

      WHEREAS, the Subscriber hereby subscribes for a certain secured
promissory note dated of even date herewith (the "Note") made by the
Company payable to the order of the Subscriber in the original principal
amount of __________________ Dollars and No/100 ($______) (the
"Subscription Price").

                                  AGREEMENTS
                                  ----------

      NOW THEREFORE, in consideration of the foregoing and the obligations
and covenants contained herein, and for other good and valuable
consideration, the receipt, adequacy and sufficiency of which are hereby
acknowledged, the Subscriber hereby agrees as follows:

      1.    The Subscriber represents and warrants to the Company, which
representations and warranties shall survive the execution and delivery of
this Agreement, that:

            (a)   the Subscriber acknowledges that all relevant documents
pertaining to the Company have been made available to the Subscriber,
including, without limitation, any and all instruments, agreements and
documents of the Company of public record with the Securities and Exchange
Commission, and the Subscriber has had the opportunity to verify and
clarify any information concerning the Subscriber's investment in the
Company, and ask questions to and receive answers thereto from management
of the Company.

            (b)   the Subscriber understands that the Note is being offered
pursuant to exemptions from State and Federal registration and cannot be
sold or assigned by the Subscriber without registration under the
Securities Act of 1933, as amended ("Act"), and all applicable state
securities laws unless, in the opinion of counsel satisfactory to the
Company, exemptions therefrom are available.

            (c)   the Subscriber has such knowledge and experience in
financial and business matters that the Subscriber is capable of evaluating
the merits and risks of purchasing and owning the Note.

            (d)   the Note is being acquired solely by, and for the account
of, the Subscriber, for investment only and not with a view to, or in
connection with, the sale, subdivision, fractionalization or distribution
thereof.

            (e)   the Subscriber understands that no governmental authority
has made any finding or determination relating to the fairness of the
purchase of the Note, and that no governmental authority has recommended or
endorsed, or will recommend or endorse, the Note.

            (f)   the Subscriber recognizes that there will be no market
for the Note and that the Subscriber cannot expect to be able readily to
liquidate the Subscriber's investment.

            (g)   the Subscriber is an accredited investor as that term is
defined in Rule 501 of Regulation D promulgated under the Act.

            (h)   the Subscriber has relied solely upon the independent
investigations made by the Subscriber or the Subscriber's advisors in
making the decision to purchase the Note. Other than with respect to the
agreements and instruments executed and delivered by the Company of even
date herewith in connection with the Note, the Subscriber acknowledges that
no other representations or agreements (whether oral or written) have been
made to the Subscriber with respect to the Subscriber's purchase of the
Note.

            (i)   the Subscriber understands that the offering of the Note
involves a high degree of risk and  Subscriber is able to bear the risk of
losing his entire investment in the Company.

            (j)   concurrently with the Subscriber's signature hereto, the
Subscriber has loaned the amount of the Subscription Price to the Company
in full in immediately available funds.

            (k)   this Agreement is the legal and validly binding agreement
of the Subscriber, enforceable in accordance with its terms.

      2.     The Subscriber understands and agrees that nothing in this
Agreement shall be construed to confer any voting rights enjoyed by other
shareholders of the Company upon the Subscriber.

      3.    The Subscriber agrees to indemnify the Company, and each of its
directors, shareholders, employees, officers, attorneys, and agents, and
hold each of them harmless from and against any and all loss, liability,
claim, damage, cost and expense whatsoever (including, without limitation,
any and all investigation and litigation expenses, and attorneys fees)
arising out of or based upon any breach of Subscriber's representations and
warranties herein or in connection with the sale or distribution by the
Subscriber of the Note purchased pursuant hereto in violation of the Act or
any other applicable law.

      4.    This Agreement shall be binding upon, and inure to the benefit
of, the parties and their heirs, executors, administrators, successors,
legal representatives and assigns.

      5.    Any notice, demand, or communication shall be deemed to have
been sufficiently given or served for all purposes if delivered personally
to the party or to an executive officer of the party to whom the same is
directed or, if sent by registered or certified mail, postage prepaid,
addressed to the Subscriber as set forth in this Agreement.  Except as
otherwise provided herein, any such notice shall be deemed to be given two
(2) business days after the date on which the same was deposited in the
United States mail, addressed and sent as aforesaid.

      6.    The Subscriber hereby agrees to execute and deliver any other
documents or instruments necessary or advisable to more fully carry out the
intent of this Agreement, and to take any other acts reasonably required by
the Company in connection therewith.  This Agreement may not be amended or
modified except in writing by the Company and the Subscriber.

      7.    This Agreement may be executed in counterparts, each of which
shall be deemed an original but all of which together shall constitute one
and the same instrument.  Facsimile signatures shall be effective and
binding as if they were original signatures.  Whenever the singular number
is used in this Agreement and when required by the context, the same shall
include the plural and vice versa, and the masculine gender shall include
the feminine and neuter genders and vice versa.

      8.    This Agreement shall be governed by and construed and enforced
in accordance with the internal laws of the State of Illinois, without
regard to conflicts of law principles.

                           [Signature Page Follows]

<PAGE>

      IN WITNESS WHEREOF, the undersigned subscriber has executed this
Subscription Agreement as of the date first above written.

                               Subscriber:

                               By:
                                     ------------------------------

                               ----------------------------------------
                               Social Security Number or F.E.I.N.

                               Address of Subscriber:

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

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

Amount of Subscription:  $_________

      The Company hereby accepts the foregoing Subscription Agreement
subject to the terms and conditions thereof.  Accepted this 15th day of
May, 2000.

                               ENTRADE INC.

                               By:
                                     ------------------------------
                                     Name:
                                     Its:EXHIBIT 10.42
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                                PROMISSORY NOTE

$___________                                            May 16, 2000

      The undersigned ("Maker"), ENTRADE INC., a Pennsylvania corporation
for value received, and intending to be legally bound hereby, promises to
pay to the order of __________ ("Payee"), at __________________________,
________, _______  _______, or at such other place or places as Payee may
designate in writing, the principal sum of _________________ Dollars
($________), plus interest from the date hereof on the unpaid principal
amount from time to time outstanding hereunder, at fifteen percent (15%)
per annum, with all principal and interest owed hereunder payable in full
on July 16, 2001 (the "Maturity Date").

      Interest shall be payable in arrears commencing on August 16, 2000,
and continuing on the sixteenth (16th) day of November and the sixteenth
(16th) day of February, to and including May 16, 2001, with a final payment
of all interest due on the Maturity Date.  Interest shall be calculated
based upon a year consisting of 365 days and charged for the actual number
of days elapsed.

      This Note may be prepaid by Maker at any time provided however that
such prepayment shall include interest through the date of prepayment on
the outstanding principal balance of the Note, less any amount of interest
previously paid.  In the event that Maker enters into a private placement
or a public offering of its securities which yield to Maker gross proceeds
of not less than Thirty Million Dollars and No/100 ($30,000,000), then
notwithstanding anything to the contrary contained herein, the Payee shall
have the right to demand prepayment of this Note, which amount shall be the
outstanding principal balance of the Note, plus all interest accrued but
unpaid up to the date of prepayment.

      Maker covenants and agrees with Payee that (a) in the event that
Maker sells any shares of AssetTRADE.com, Inc., that it now owns or
hereafter acquires, it will apply the proceeds of such sale to the
prepayment of this Note on a pari passu basis with other notes issued by
the Maker containing a similar covenant (the "Similar Notes") (which
Similar Notes in the aggregate principal amount will not exceed
$4,500,000), and (b) it shall not pledge or otherwise grant a security
interest in any shares of AssetTRADE.com, Inc., that it now owns or
hereafter acquires to any other party.

      This Note is subject to all of the terms and conditions of the
Agreement, which terms and conditions are hereby made a part of this Note
to the same extent and with the same force and effect as if they were fully
set forth herein.

      It is expressly agreed by Maker that time is of the essence hereof,
and it shall be an Event of Default" hereunder if:

            (i)   Maker shall fail to pay any amount of principal or
interest due hereunder and such failure shall continue for fifteen (15)
days after Payee notifies Maker thereof in writing; or

<PAGE>

            (ii)  Maker is or becomes insolvent or generally fails to pay,
or admits in writing its inability to pay, debts as they become due, or
Maker applies for, consents to or acquiesces in the appointment of a
trustee, receiver or other custodian for Maker or any of its property, or
makes a general assignment for the benefit of creditors, or, in the absence
of such application, consent or acquiescence, a trustee, receiver or other
custodian is appointed for Maker or for a substantial part of Maker's
property and is not discharged within ninety (90) days, or any bankruptcy,
reorganization, debt arrangement, or other case or proceeding under any
bankruptcy or insolvency law is commenced in respect of Maker, and if such
case or proceeding is not commenced in respect of Maker, it is consented to
or acquiesced in by Maker or remains for ninety (90) days undismissed, or
Maker takes any action to authorize, or in the furtherance of, any of the
foregoing; or

            (iii) There shall be an Event of Default pursuant to any other
Note issued in conjunction with this Note.

      Upon the occurrence and during the continuation of an Event of
Default hereunder, at the option of Payee, the entire unpaid principal
balance hereunder, together with all accrued interest thereon, shall become
immediately due and payable.  In addition, Payee shall be entitled to
exercise all rights of Payee hereunder and under applicable law, including
the right to collect from Maker all sums due under this Note.

      In addition to the other sums payable hereunder, Maker agrees to pay
to the holder, within fifteen (15) days of demand, all reasonable
attorneys' fees and costs that may be incurred by the holder of this Note
in enforcing any of the terms hereof after an Event of Default.

      Except as otherwise provided in this Note or the Agreement, Maker
hereby waives notice of non-payment, notice of dishonor, and protest of any
dishonor, and agrees that its liabilities shall be unconditional without
regard to the liability of any other party and shall not in any manner be
affected by any indulgence, extension of time, renewal, waiver or
modification granted or consented to by the holder hereof.  Further, Maker
consents to any and all extensions of time, renewals, waivers, or
modifications that may be granted by the holder hereof with respect to the
payment or other provisions of this Note, and agrees that additional
makers, endorsers, guarantors or sureties may become parties hereto without
notice to Maker and without affecting its liability hereunder.

      The holder hereof shall not by any act of omission or commission be
deemed to waive any of its right or remedies hereunder unless such waiver
is in writing and signed by the holder hereof, and then only to the extent
specifically set forth therein.  The waiver of any event shall not be
construed as a waiver of any other right or remedy, nor shall any single or
partial exercise of any right or remedy preclude any other or further
exercise thereof or of any other right or remedy.

      Whenever possible, each provision of this Note shall be interpreted
in such manner as to be effective and valid under applicable law, but if
any provision of this Note is deemed to be invalid or unenforceable under
such law, such provision shall be ineffective only to the extent of such
invalidity or unenforceability without affecting the validity or
enforceability of any other provision of this Note.

      Maker (and the undersigned representative of Maker, if any)
represents that Maker has full power and authority and legal right to
execute and deliver this Note and this Note shall be binding on Maker and
its respective successors and assigns.

      This Note shall be governed by and construed according to the
internal laws of the State of Illinois without regard to principals of
conflicts of law.

<PAGE>

      IN WITNESS WHEREOF, Maker has duly executed this Secured Promissory
Note as of the date first above written.

                                     ENTRADE INC.

                                     By:
                                           ------------------------------
                                           President

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