Document:

REGISTRATION RIGHTS AGREEMENT

REGISTRATION RIGHTS AGREEMENT

          REGISTRATION RIGHTS AGREEMENT, dated as of December 22, 2000 by and among Compressco, Inc., a Delaware corporation (the "Company"), and the purchasers named on
the signature pages hereto (the "Purchasers").

PRELIMINARY STATEMENT

          Pursuant to the Purchase Agreement (as defined below), the Purchasers have agreed to purchase the Notes and the Warrants (as each is defined in the Purchase Agreement)
on the condition, among others, that the Company grant the registration rights set forth in this Agreement.

          ACCORDINGLY, to induce the Purchasers to purchase the Notes and the Warrants and in consideration of the mutual representations and agreements set forth in this Agreement, the
Company and the Purchasers, intending to be legally bound, now agree as follows:

STATEMENT OF AGREEMENT

	
 
	
ARTICLE 1.
	
DEFINITIONS.

                    Section 1.1     Certain Definitions. As used in this Agreement, the following
terms shall have the following meanings:

          "Affiliate" means any entity controlling, controlled by or under common control with a designated Person. For the purposes of this definition, "control" shall have the
meaning specified as of the date of this Agreement for that word in Rule 405 promulgated by the SEC under the Securities Act.

          "Equity Security" shall mean any stock or similar security, including without limitation securities containing equity features and securities containing profit
participation features, or any security convertible or exchangeable, with or without consideration, into or for any stock or similar security, or any security carrying any warrant or right to subscribe to or purchase any stock or similar security, or any
such warrant or right.

          "Purchase Agreement" shall mean the Securities Purchase Agreement dated as of December 22, 2000 among the Company and the Purchasers.

          "Registrable Securities" shall mean (i) the Common Stock issuable upon exercise of the Warrants, and (ii) any Common Stock issued with respect to the Common Stock
described in (i) above by way of a stock dividend or stock split or in connection with a combination of shares, recapitalization, merger, consolidation or other reorganization.

          "Rule 144" means Rule 144 promulgated by the SEC under the Exchange Act, as such rule may be amended from time to time, or any successor rule thereto.

                    Section 1.2     Incorporated Definitions. Capitalized terms used in this
Agreement and not otherwise defined herein shall have the meanings set forth in the Purchase Agreement.

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ARTICLE 2.
	
REGISTRATION ON REQUEST.

                    Section 2.1     Request. Subject to the limitations provided herein, at the
earlier of (i) June 30, 2002 and (ii) 180 days after the date on which the Company completes an underwritten public offering of equity interests of the Company, upon the written request (specifying that it is being made pursuant to this Section 2. 1) of
the Purchasers, requesting that the Company effect the registration under the Securities Act of all or part of the Purchasers' Registrable Securities (but in any event not less than 50% of the Registrable Securities held by all of the Purchasers
(calculated on a fully converted, fully exercised basis)), and specifying (x) the intended method of disposition thereof, (y) whether or not such requested registration is to be an underwritten offering, and (z) the price range (net of underwriting
discounts and commissions) acceptable to the Purchasers to be received for such Registrable Securities, the Company will use measurable efforts to effect no more than one registration under the Securities Act of the Registrable Securities which the
Company has been so requested to register by the Purchasers.

          If the Company is required to effect a registration pursuant to this Section 2 and the Company furnishes to the Purchasers a certificate signed by the President of the Company
stating that in the good faith judgment of the Board it would be seriously detrimental to the Company and its shareholders for such registration statement to be filed on or before the date such filing would otherwise be required hereunder and it is
therefore necessary to defer the filing of such registration statement, the Company shall have the right, not more than once in any 12-month period, to defer such filing for a period of not more than 120 days after receipt of the request for such
registration from a Purchaser; provided that during such time the Company may not file a registration statement for securities to be issued and sold for its own account or that of anyone other than the Purchasers other than on Form S-8, S-4 or any
successor similar forms or any other form not available for registering the Registrable Securities for sale to the public.

                    Section 2.2     Method of Distribution. The Purchasers shall determine the
method of distribution of the Registrable Securities so included.

                    Section 2.3     Registration of Other Securities. Whenever the Company shall
effect a registration pursuant to this Section 2 in connection with an underwritten offering, no securities other than Registrable Securities shall be included among the securities covered by such registration unless (a) the managing underwriter of such
offering shall have advised the Purchasers in writing that the inclusion of such other securities would not adversely affect such offering or (b) the Purchasers shall have consented in writing to the inclusion of such other securities.

                    Section 2.4     Registration Statement Form. Registrations under this Section
2 shall be on such appropriate registration form of the SEC (i) as shall be selected by the Company and as shall be reasonably acceptable to the Purchasers, and (ii) as shall permit the disposition of such Registrable Securities in accordance with the
method or methods of disposition selected pursuant to Section 2.2 hereof.

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                    Section 2.5     Expenses. Except as otherwise provided in this Section 2.5 or
in Section 2.9, all expenses incurred in connection with the effective registration pursuant to this Section 2 and each registration pursuant to Section 3 hereof (excluding in each case underwriting discounts and commissions applicable to Registrable
Securities and any expenses of counsel to the Purchasers), including, without limitation, in each case, all registration, filing and NASD fees; all fees and expenses of complying with securities or blue sky laws; all word processing, duplicating and
printing expenses, messenger, delivery and shipping expenses; fees and disbursements of the accountants and counsel for the Company including the expenses of any "cold comfort" letters or opinions required by or incident to such registrations; and any
fees and disbursements of underwriters customarily paid by issuers or sellers of securities, but excluding underwriting discounts and commissions, if any, shall be borne by the Company. In all cases, the Purchasers shall pay the underwriting discounts and
commissions applicable to the securities sold by the Purchasers.

                    Section 2.6     Effective Registration Statement. A registration requested
pursuant to this Section 2 shall not be deemed to have been effected (i) unless a registration statement with respect thereto has become effective (unless a substantial cause of the failure of such registration statement to become effective shall be
attributable to the Purchasers), (ii) if after it has become effective, such registration is interfered with by any stop order, injunction or other order or requirement of the SEC or other governmental agency or court for any reason, resulting in a
failure to consummate the offering of Registrable Securities offered thereby, (iii) if after a registration statement with respect thereto has become effective, the offering of Registrable Securities offered thereby is not consummated due to factors
beyond the control of the Purchasers, other than the fact that the underwriters have advised the Purchasers that the Registrable Securities cannot be sold at a net price equal to or above the net price anticipated at the time of filing of the preliminary
prospectus, or (iv) if the conditions to closing specified in the purchase agreement or underwriting agreement entered into in connection with such registration are not satisfied (unless a substantial cause of such conditions to closing not being
satisfied shall be attributable to the Purchasers).

                    Section 2.7     Selection of Underwriters. If a requested registration
pursuant to this Section 2 involves an underwritten offering, the underwriter or underwriters thereof shall be selected by the Company.

                    Section 2.8     Priority in Requested Registrations. If a requested
registration pursuant to this Section 2 involves an underwritten offering, and the managing underwriter shall advise the Company in writing (with a copy to the Purchasers) that, in its opinion, the number of securities requested to be included in such
registration exceeds the number which can be sold in such offering within a price range acceptable to the Purchasers, then the Registrable Securities requested to be registered pursuant to this Section 2 shall be reduced to the number of Registrable
Securities which the Company is so advised can be sold in (or during the time of) such offering. In connection with any registration as to which the provisions of this Section 2.8 apply, no securities other than Registrable Securities shall be covered by
such registration.

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ARTICLE 3.
	
INCIDENTAL REGISTRATION.

                    Section 3.1     Right to Include Registrable Securities. If, at any time prior
to the third anniversary of the date of this Agreement, the Company proposes to register any of its securities under the Securities Act (other than by a registration on Form S-8, S-4 or any successor similar forms or any other form not available for
registering the Registrable Securities for sale to the public and other than pursuant to Section 2 hereof), whether for sale for its own account or other security holders, the Company will, each such time, at least 30 days prior to filing the registration
statement, give written notice to the Purchasers of its intention to do so upon the written request of the Purchasers made within 15 days after the receipt of any such notice (which request shall specify the Registrable Securities intended to be disposed
of by the Purchasers), the Company will use reasonable efforts to effect the registration under the Securities Act of all Registrable Securities which the Company has been so requested to register by the Purchasers, to the extent requisite to permit the
disposition of the Registrable Securities so to be registered, provided that if at any time after giving written notice of its intention to register any securities and prior to the effective date of the registration statement filed in connection with such
registration, the Company shall determine for any reason not to register or to delay registration of such securities, the Company may, at its election, give written notice of such determination to the Purchasers and, thereupon, (i) in the case of a
determination not to register, shall be relieved of its obligation to register any Registrable Securities in connection with such registration (but not from its obligation to pay expenses in accordance with Section 2.5 hereof, without prejudice, however,
to any rights of the Purchasers to request that such registration be effected as a registration under Section 2 hereof, and (ii) in the case of a determination to delay registering, shall be permitted to delay registering any Registrable Securities being
registered pursuant to this Section 3. 1 for the same period as the delay in registering such other securities. No registration effected under this Section 3.1 shall relieve the Company of its obligation to effect any registration upon request required
under Section 2 hereof

                    Section 3.2     Priority in Incidental Registrations. If (i) a registration
pursuant to this Section 3 involves an underwritten offering of the securities so being registered, whether or not for sale for the account of the Company, to be distributed (on a firm commitment basis) by or through one or more underwriters of recognized
standing, whether or not the Registrable Securities so requested to be registered for sale for the account of the Purchasers are also to be included in such underwritten offering, and (ii) the managing underwriter of such underwritten offering shall
inform the Company and the Purchasers by letter of its belief that the number of securities requested to be included in such registration exceeds the number which can be sold in (or during the time of) such offering, then the Company may include in such
offering all securities proposed by the Company to be sold for its own account and all securities proposed to be sold by any other Persons exercising demand registration rights and may decrease the number of Registrable Securities and other securities of
the Company that Persons have requested to be included in such registration by decreasing the Registrable Securities and any other securities requested to be included in such registration (pro rata among the Persons requesting such registration on the
basis of the number of shares of such securities held by such Person immediately prior to the filing of the registration statement with respect to such registration).

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ARTICLE 4.
	
REGISTRATION PROCEDURES.

                    Section 4.1     Procedures. If and whenever the Company is required to use
reasonable efforts to effect the registration of any Registrable Securities under the Securities Act as provided in Sections 2 and 3 hereof, the Company will, subject to the limitations provided herein, as expeditiously as possible:

                    (a)     prepare and (as soon as possible or in any event no later than 90 days after the
end of the period within which requests for registration may be given to the Company or such longer period as the Company shall in good faith require to produce the financial statements required in connection with such registration) file with the SEC the
requisite registration statement to effect such registration, and thereafter, use reasonable efforts to cause such registration statement to become effective; provided that the Company may discontinue any registration of its securities which are not
Registrable Securities (and, under the circumstances specified in Section 3. 1 hereof, its securities which are Registrable Securities) at any time prior to the effective date of the registration statement relating thereto;

                    (b)     prepare and file with the SEC such amendments and supplements to such registration
statement and the prospectus used in connection therewith as may be necessary to keep such registration statement effective and to comply with the provisions of the Securities Act with respect to the disposition of all securities covered by such
registration statement until such time as all of such securities have been disposed of in accordance with the intended methods of disposition by the seller or sellers thereof set forth in such registration statement; provided, however, that the Company
shall not in any event be required to keep the registration statement effective for a period of more than three months after such registration statement becomes effective; and provided further that the Company may, at any time, delay the filing or suspend
the effectiveness of any registration under this Agreement, or without suspending such effectiveness, instruct the Purchasers not to sell any Registrable Securities included in any such registration, (i) if the Company shall have determined upon the
advice of counsel that the Company would be required to disclose any actions taken or proposed to be taken by the Company in good faith and for valid business reasons, including without limitation, the acquisition or divestiture of assets, which
disclosure would have a material adverse effect on the Company or on such actions, or (ii) if required by law, to update the prospectus relating to any such registration to include updated financial statements (a "Suspension Period") by providing the Purchasers with written notice of such Suspension Period and the reasons therefor; provided, however, that the Company will not be required to disclose such reasons with particularity if an authorized executive
officer of the Company certifies that the Company believes it is required by law to delay the filing or suspend the effectiveness of any such registration. In addition, the Company shall not be required to keep any registration effective, or may without
suspending such effectiveness, instruct the Purchasers if it has Registrable Securities included in such registration not to sell such securities, during any period which the Company is instructed, directed, ordered or otherwise requested by any
governmental agency or self-regulatory organization to stop or suspend such trading or sales ("Supplemental Extension Period"). In the event of a Suspension Period or Supplemental Extension Period, the period during which any registration under this Agreement is to remain effective pursuant to this Section 4.1(b) shall be tolled until the
end of any such Suspension Period or Supplemental Extension Period. The Company will use reasonable efforts to restrict any Suspension Period or Supplemental Extension Period to less than 30 days;

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                    (c)     furnish to the Purchasers such number of conformed copies of such registration
statement and of each such amendment and supplement thereto (in each case including all exhibits), such number of copies of the prospectus contained in such registration statement (including each preliminary prospectus and any summary prospectus) and any
other prospectus filed under Rule 424 under the Securities Act, and such other documents, as the Purchasers may reasonably request;

                    (d)     use its reasonable efforts to register or qualify all Registrable Securities and
other securities covered by such registration statement under such other securities or blue sky laws of such jurisdictions as each seller thereof shall reasonably request and to keep such registration or qualification in effect for so long as such
registration statement remains in effect (provided, however, that the Company shall not in any event be required to keep such registration or qualification in effect for a period of more than three months after such registration or qualification becomes
effective), and take any other action which may be reasonably necessary or advisable to enable such seller to consummate the disposition in such jurisdictions of the securities owned by such seller, except that the Company shall not for any such purpose
be required to qualify generally to do business as a foreign corporation in any jurisdiction wherein it would not but for the requirements of this Section 4.1(d) be obligated to be so qualified or to consent to general service of process in any such
jurisdiction.

                    (e)     use its reasonable efforts to cause all Registrable Securities covered by such
registration statement to be registered with or approved by such other United States Federal or state governmental agencies or authorities as may be necessary to enable the Purchasers to consummate the disposition of such Registrable Securities;

                    (f)     notify the Purchasers, if Registrable Securities are covered by such registration
statement, at any time when a prospectus relating thereto is required to be delivered under the Securities Act, upon discovery that, or upon the happening of any event as a result of which the prospectus included in such registration statement, as then in
effect, includes an untrue statement of a material fact or omits to state any material fact required to be stated therein or necessary to make the statements therein not misleading in the fight of the circumstances under which they were made, and at the
request of the Purchasers prepare and furnish to the Purchasers a reasonable number of copies of a supplement to or an amendment of such prospectus as may be necessary so that, as thereafter delivered to the purchasers of such securities, such prospectus
shall not include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances under which they were made.

                    (g)     otherwise use reasonable efforts to comply with all applicable rules and
regulations of the SEC and make available to its security holders, as soon as reasonably practicable, an earnings statement covering the period of at least twelve months beginning with the first calendar month after the effective date of such registration
statement, which earnings statement shall satisfy the provisions of Section 11(a) of the Securities Act;

                    (h)     provide and cause to be maintained a transfer agent for all Registrable Securities
covered by such registration statement from and after a date not later than the effective date of such registration statement; and

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                    (i)     use its reasonable efforts to list all Registrable Securities covered by such
registration statement on any securities exchange on which any of the Company's Common Stock is then listed.

                    Section 4.2     Information Requirements. It shall be a condition precedent to
the obligations of the Company to take any action with respect to registering the Purchasers' Registrable Securities pursuant to this Section 4 that the Purchasers, furnish the Company in writing such information regarding the Purchasers, the Registrable
Securities and other securities of the Company held by the Purchasers, and the distribution of such securities as the Company may from time to time reasonably request in writing. If a Purchaser refuses to provide the Company with any of such information
on the grounds that it is not necessary to include such information in the registration statement, the Company may exclude the Purchaser's Registrable Securities from the registration statement unless such Purchaser provides the Company with an opinion of
counsel to the effect that such information need not be included in the registration statement.

          The Purchasers agree by acquisition of such Registrable Securities that upon receipt of any notice from the Company of the happening of any event of the kind described in
Section 4.1(f), the Purchasers will forthwith discontinue the Purchasers' disposition of Registrable Securities pursuant to the registration statement relating to such Registrable Securities until the Purchasers' receipt of the copies of the supplemented
or amended prospectus contemplated by Section 4.l(f) and, if so directed by the Company, will deliver to the Company copies, other than permanent file copies then in the Purchasers' possession, of the prospectus relating to such Registrable Securities
current at the time of receipt of such notice.

	
 
	
ARTICLE 5.
	
UNDERWRITTEN OFFERINGS.

                    Section 5.1     Requested Underwritten Offerings. If requested by the
underwriters for an underwritten offering of Registrable Securities pursuant to a registration requested under Section 2 hereof, the Company will enter into an underwriting agreement with such underwriters for such offering, such agreement to be
satisfactory in substance and form to the Purchasers and the underwriters and to contain such representations and warranties by the Company and such other terms as are generally prevailing in agreements of this type, including, without limitation,
indemnities to the effect and to the extent provided in Section 7 hereof. The Purchasers will cooperate with the Company in the negotiation of the underwriting agreement and win give consideration to the reasonable requests of the Company regarding the
form thereof, provided that nothing herein contained shall diminish the foregoing obligations of the Company. If requested by the underwriters of any underwritten offering pursuant to a registration under Section 2 hereof, the Purchasers agree to enter
into an agreement with such underwriters not to sell his shares of stock in the Company for a period of time (not to exceed 180 days) after the effectiveness of a registration statement equal to the period of time which the sellers of securities in such
registration have agreed not to sell their shares after the effectiveness of such registration statement. Upon consent of Purchasers holding a majority of the outstanding Registrable Securities to enter into such an agreement, all Purchasers will be
required to enter into such agreement. The Purchasers shall be a party to such underwriting agreement. The Purchasers shall not be required to make any representations, warranties or agreements with the Company other than representations, warranties or
agreements regarding the Purchasers, Purchasers' Registrable Securities and other securities of the Company, the Purchasers' intended method of distribution, and any representations, warranties or agreements required by law.

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                    Section 5.2     Incidental Underwritten Offerings. If the Company at any time
proposes to register any of its securities under the Securities Act as contemplated by Section 4 hereof and such securities are to be distributed by or through one or more underwriters, the Company will, if requested by the Purchasers as provided in
Section 3 hereof and subject to the provisions of Section 3.2 hereof, arrange for such underwriters to include all the Registrable Securities to be offered and sold by the Purchasers to be distributed by such underwriters. In such event, the Purchasers
shall be a party to the underwriting agreement between the Company and such underwriters. The Purchasers shall not be required to make any representations or warranties to or agreements with the Company other than representations, warranties or agreements
regarding the Purchasers, the Purchasers' Registrable Securities or other securities of the Company, the Purchasers' intended method of distribution and any representations, warranties or agreements required by law.

	
 
	
ARTICLE 6.
	
PREPARATION; REASONABLE INVESTIGATION.

          In connection with the preparation and filing of each registration statement under the Securities Act pursuant to this Agreement, the Company will give the Purchasers and
their respective agents and advisors and the underwriters, if any, the reasonable opportunity to participate in the preparation of such registration statement, each prospectus included therein or filed with the SEC, and each amendment thereof or
supplement thereto, and will give each of them such access to its books and records and such opportunities to discuss the business of the Company with its officers and the independent public accountants who have certified its financial statements as shall
be necessary, in the option of the Purchasers' counsel, to conduct a reasonable investigation within the meaning of the Securities Act. Subject to the rights and obligations of the Company under the Securities Act and other applicable laws, the Purchasers
shall have the right to review and approve those portions of such registration statement that directly pertain to the Purchasers.

	
 
	
ARTICLE 7.
	
INDEMNIFICATION.

                    Section 7.1     Indemnification by the Company. In the event any Registrable
Securities are included in a registration statement under this Agreement, to the extent permitted by law, the Company will, and hereby does, indemnify and hold harmless each Purchaser, its directors and officers, each other Person who participates as an
underwriter in the offering or sale of such securities and each other Person, if any, who controls each Purchaser or any such underwriter within the meaning of the Securities Act, against any losses, claims, damages or liabilities, joint or several, to
which each Purchaser or any such director or officer or underwriter or controlling person may become subject under the Securities Act or otherwise, insofar as such losses, claims, damages or liabilities (or actions or proceedings, whether commenced or
threatened, in respect thereof) arise out of or are based upon any untrue statement or alleged untrue statement of any material fact contained in any registration statement under which such securities were registered under the Securities Act, any
preliminary prospectus, final prospectus or summary prospectus contained therein, or any amendment or supplement thereto, or any omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the
statements therein not misleading, and the Company will reimburse the Purchasers and each such director, officer, underwriter and controlling person for any legal or any other expenses reasonably incurred by them in connection with investigating or
defending 

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any such loss, claim, liability, action or proceeding; Provided that the Company shall not be liable in any such case to the extent that any such loss, claim, damage, liability (or action or proceeding in respect thereof) or expense
arises out of or is based upon an untrue statement or alleged untrue statement or omission or alleged omission made in such registration statement, any such preliminary prospectus, final prospectus, summary prospectus, amendment or supplement in reliance
upon and in conformity with written information furnished to the Company by the Purchasers, and provided further that the Company shall not be liable to any Person who participates as an underwriter in the offering or sale of Registrable Securities or any
other Person, if any, who controls such underwriter within the meaning of the Securities Act, in any such case to the extent that any such loss, claim, damage, liability (or action or proceeding in respect thereof) or expense arises out of such Person's
failure to send or give a copy of the final prospectus, as the same may be then supplemented or amended to the Person asserting an untrue statement or alleged untrue statement or omission or alleged omission at or prior to the written confirmation of the
sale of Registrable Securities to such Person if such statement or omission was corrected in such final prospectus and such delivery would have mitigated liability. Such indemnity shall remain in full force and effect regardless of any investigation made
by or on behalf of the Purchasers or any such director, officer, underwriter or controlling person and shall survive the transfer of such securities by such seller.

                    Section 7.2     Indemnification by the Purchasers. The Company may
require, as a condition to including any Registrable Securities in any registration statement filed pursuant to Section 4 hereof, that the Company shall have received an undertaking satisfactory to it from each Purchaser to indemnify and hold harmless (in
the same manner and to the same extent as set forth in subdivision (a) of this Section 7) each underwriter, each Person who controls such underwriter within the meaning of the Securities Act, the Company, each director of the Company, each officer of the
Company and each other Person, if any, who controls the Company within the meaning of the Securities Act, with respect to any statement or alleged statement in or omission or alleged omission from such registration statement, any preliminary prospectus,
final prospectus or summary prospectus contained therein, or any amendment or supplement thereto, if such statement or alleged statement or omission or alleged omission was made in reliance upon and in strict conformity with written information furnished
to the Company by the Purchasers expressly for use in the preparation of such registration statement, preliminary prospectus, final prospectus, summary prospectus, amendment or supplement; provided that the Purchasers shall not be liable to any Person who
participates as an underwriter in the offering or sale of Registrable Securities or any other Person, if any, who controls such underwriter within the meaning of the Securities Act, in any such case to the extent that any such loss, claim, damage,
liability (or action or proceeding in respect thereof) or expense arises out of such Person's failure to send or give a copy of the final prospectus, as the same may be then supplemented or amended, to the Person asserting an untrue statement or alleged
untrue statement or omission or alleged omission at or prior to the written confirmation of the sale of Registrable Securities to such Person if such statement or omission was corrected in such final prospectus. Such indemnity shall remain in full force
and effect regardless of any investigation made by or on behalf of any underwriter, the Company or any such director, officer or controlling Person and shall survive the transfer of such securities by such seller.

                    Section 7.3     Notices of Claims, Etc. Promptly after receipt by an
indemnified party of notice of the commencement of any action or proceeding involving a claim referred to in Sections 7.1 and 7.2, such indemnified party will, if a claim in respect thereof is to be made against an indemnifying party, give written notice
to the latter of the commencement of such action; provided that the failure of any indemnified party to give notice as provided herein shall not relieve the indemnifying party of its obligations under the preceding subdivisions of this Section 7, except
to the extent that the indemnifying party is actually prejudiced by such failure to give notice. In case any such action is brought against an indemnified party, unless in such indemnified party's reasonable judgment a conflict of interest between such
indemnified and indemnifying parties may exist in respect of such claim, the indemnifying party shall be entitled to participate in and to assume the defense thereof, jointly with any other indemnifying party similarly notified to the extent that it may
wish, with counsel reasonably satisfactory to such indemnified party, and after notice from the indemnifying party to such indemnified party of its election so to assume the defense thereof, the indemnifying party shall not be liable to such indemnified
party for any legal or other expenses subsequently incurred by the latter in connection with the defense thereof other than reasonable costs of investigation. No indemnifying party shall, without the consent of the indemnified party, consent to entry of
any judgment or enter into any settlement which does not include as an unconditional term thereof the giving by the claimant or plaintiff to such indemnified party of a release from all liability in respect to such claim or litigation.

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                    Section 7.4     Other Indemnification. Indemnification similar to that
specified in the preceding subdivisions of this Section 7 (with appropriate modifications) shall be given by the Company and the Purchasers with respect to any required registration or other qualification of securities under any Federal or state law or
regulation of any governmental authority other than the Securities Act.

                    Section 7.5     Indemnification Payments. The indemnification required by this
Section 7 shall be made by periodic payments of the amount thereof during the course of the investigation or defense, as and when bills are received or expense, loss, damage or liability is incurred.

                    Section 7.6     Contribution. If the indemnification provided for in this
Section 7 from the indemnifying party is unavailable to an indemnified party hereunder in respect of any losses, claims, damages, liabilities or expenses referred to therein, then the indemnifying party, in lieu of indemnifying such indemnified party,
shall contribute to the amount paid or payable by such indemnified party as a result of such loss, claims, damages, liabilities or expenses in such proportion as is appropriate to reflect the relative fault of the indemnifying party and indemnified
parties in connection with the actions which resulted in such losses, claims, damages, liabilities or expenses, as well as any other relevant equitable considerations. The relative fault of such indemnifying party and indemnified parties shall be
determined by reference to, among other things, whether any action in question, including any untrue statement of material fact or omission or alleged omission to state a material fact, has been made by, or relates to information supplied by, such
indemnifying party or indemnified parties, and the parties' relative intent, knowledge, access to information and opportunity to correct or prevent such action. The amount paid or payable by a party as a result of the losses, claims, damages, liabilities
and expenses referred to above shall be deemed to include, subject to the limitations set forth in Section 7.3 hereof, any legal or other fees or expenses reasonably incurred by such party in connection with any investigation or proceeding.

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          The parties hereto agree that it would not be just and equitable if contribution pursuant to this Section 7.6 were determined by pro rata allocation or by any other method of
allocation which does not take account of the equitable considerations referred to in the immediately preceding paragraph. Notwithstanding the provisions of this Section 7.6 no underwriter shall be required to contribute any amount in excess of the amount
by which the total price at which the Registrable Securities underwritten by it and distributed to the public were offered to the public exceeds the amount of any damages which such underwriter has otherwise been required to pay by reason of such untrue
or alleged untrue statement or omission or alleged omission. No Person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such
fraudulent misrepresentation.

          If indemnification is available under this Section 7, the indemnifying parties shall indemnify each indemnified party to the full extent provided in Section 7. 1 through
Section 7.5 hereof without regard to the relative fault of said indemnifying party or indemnified party or any other equitable consideration provided for in this Section 7.6.

	
 
	
ARTICLE 8.
	
REPORTING REQUIREMENTS UNDER EXCHANGE ACT.

          The Company shall use its reasonable efforts to keep effective the registration of its Common Stock under Section 12 of the Exchange Act and shall timely file such
information, documents and reports as the SEC may require or prescribe under Section 13 of the Exchange Act. The Company shall timely file such information, documents and reports which a corporation, partnership or other entity subject to Section 13 or
15(d) (whichever is applicable) of the Exchange Act is required to file.

          So long as the Company is subject to the reporting requirements of either Section 13 or 15(d) of the Exchange Act, the Company shall forthwith upon request furnish the
Purchasers (i) a written statement by the Company that it has complied with such reporting requirements, (ii) a copy of the most recent annual or quarterly report of the Company, and (iii) such other reports and documents filed by the Company with the SEC
as the Purchasers may reasonably request in availing itself of an exemption for the sale of Registrable Securities without registration under the Securities Act. The Company acknowledges and agrees that the purpose of the requirements contained in this
Section 8 are to enable the Purchasers to comply with the current public information requirement contained in Paragraph (c) of Rule 144 under the Securities Act should the Purchasers ever wish to dispose of any of the Securities of the Company acquired by
it without registration under the Securities Act in reliance upon Rule 144 (or any other similar exemptive provision). In addition, the Company shall take such other measures and file such other information, documents and reports, as shall hereafter be
required by the SEC as a condition to the availability of Rule 144 under the Securities Act (or any similar exemptive provision hereafter in effect).

11

	
 
	
ARTICLE 9.
	
SHAREHOLDER INFORMATION.

          The Company may require the Purchasers to furnish the Company such information in writing with respect to the Purchasers and the distribution of its Registrable Securities as
the Company may from time to time reasonably request in writing and as shall be required by law or by the SEC in connection therewith.

	
 
	
ARTICLE 10.
	
FORMS.

          All references in this Agreement to particular forms of registration statements are intended to include, and shall be deemed to include, references to all successor forms
which are intended to replace, or to apply to similar transactions as, the forms herein referenced.

	
 
	
ARTICLE 11.
	
TRANSFER OF REGISTRATION RIGHTS.

          The registration rights granted to the Purchasers under this Agreement may not be transferred without the prior written consent of the Company.

	
 
	
ARTICLE 12.
	
AMENDMENT.

          This Agreement may be amended only by a written agreement signed by the Company and the Purchasers.

	
 
	
ARTICLE 13.
	
NOTICE.

          All notices, requests, consents and other communications required or permitted hereunder shall be in writing and shall be delivered, or mailed first-class postage prepaid,
registered or certified mail,

          (a)     If to a Purchaser at its respective address as shown on the books of the Company, or at such other address as such Purchaser may specify by
written notice to the Company, or

          (b)     If to the Company at 220 Camp Street, New Orleans, Louisiana 70130, Attention: Burt H. Keenan; or at such other address as the Company may
specify by written notice to the Purchaser, and such notices and other communications shall for all purposes of this Agreement be treated as being effective or having been given it delivered personally, or, if sent by mail, when received.

	
 
	
ARTICLE 14.
	
COUNTERPART.

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

12

	
 
	
ARTICLE 15.
	
CHOICE OF LAW.

          This Agreement and the validity and enforceability hereof shall be governed by and construed and interpreted in accordance with the laws of the State of Delaware without
giving effect to conflict of laws rules or choice of laws rules thereof.

	
 
	
ARTICLE 16.
	
SEVERABILITY.

          Should any one or more of the provisions of this Agreement or any agreement entered into pursuant to this Agreement be determined to be illegal or unenforceable, all other
provisions of this Agreement and of each other agreement entered into pursuant to this Agreement, shall be given effect separately from the provision or provisions determined to be illegal or unenforceable and shall not be affected thereby.

	
 
	
ARTICLE 17.
	
WHOLE AGREEMENT.

          This Agreement constitutes the complete agreement and understanding by and among the parties hereto and shall supersede any prior understanding, agreement or representation by
or among the parties, whether written or oral, related to the subject matter hereof.

13

          IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed by their duly authorized representatives effective the day and year first above written.

	
 
	
COMPRESSCO, INC.

	
 
	
By:
	
____________________________________

Brooks Mims Talton

Chief Executive Officer 

	
 
	
PURCHASER

___________________________________________

 

 

 

 

 

 

 

 

14

COMPRESSCO, INC.

ACCREDITED INVESTOR QUESTIONNAIRE

          In order to purchase our 13% Subordinated Promissory Notes and Warrants to purchase shares of our common stock in this offering, you must be an accredited investor as that
term is defined under Rule 501 of Regulation D promulgated under the Securities Act. Those definitions follow this page as Attachment A. Once you are familiar with the definitions, please complete the following:

I am an accredited investor because I am:

	
 
	
o

	
(a)     A bank, savings and loan association, insurance company, investment company or employee benefit plan;

	
 
	
o

	
(b)     A private business development company;

	
 
	
o

	
(c)     A nonprofit organization, qualified under section 501(c)(3) of the Internal Revenue Code, corporation, Massachusetts or similar business trust, or partnership, not formed for the purpose of purchasing
Compressco, Inc. 13% Subordinated Promissory Notes and warrants to purchase shares of Compressco, Inc. common stock, with total assets in excess of $5,000,000;

	
 
	
o

	
(d)     A director, executive officer, or general partner of Compressco, Inc.;

	
 
	
o

	
(e)     A person whose net worth, or whose joint net worth with my spouse, exceeds $1,000,000;

	
 
	
o

	
(f)     A person who had an individual income in excess of $200,000 in each of the two most recent years, or joint income with my spouse in excess of $300,000, and I have a reasonable expectation of reaching
the same income level in the current year;

	
 
	
o

	
(g)     A trust, with total assets in excess of $5,000,000; or

	
 
	
o

	
(h)     An entity in which all of the equity owners are accredited investors.

 

	
Print or type:
	
 

	
Name of Purchaser:
	
_______________________________

	
Name of Purchaser's Representative (if any):
	
_______________________________

	
Title of Purchaser's Representative:
	
_______________________________

	
Signature of Purchaser/ Purchaser's Representative:
	
_______________________________

 
1

Attachment A

Definition of Accredited Investor

          Under Rule 501 of Regulation D promulgated under the Securities Act, an "accredited investor" is defined as:

	
 
	
(a)
	
Any bank as defined in Section 3(a)(2) of the Securities Act, or any savings and loan association or other institution as defined in Section 3(a)(5)(A) of the Securities Act whether acting in its individual or fiduciary capacity; a
broker or dealer registered pursuant to Section 15 of the Securities Exchange Act of 1934, as amended; an insurance company as defined in Section 2(13) of the Securities Act; an investment company registered under the Investment Company Act of 1940
or a business development company as defined in Section 2(a)(48) of that Act; a small business investment company licensed by the U.S. Small Business Administration under Section 301(c) or (d) of the Small Business Investment Act of 1958; a plan
established and maintained by a state, its political subdivisions, or any agency or instrumentality of a state or its political subdivisions, for the benefit of its employees, and such plan has total assets in excess of $5,000,000; an employee benefit
plan within the meaning of the Employee Retirement Income Security Act of 1974, if the investment decision is made by a plan fiduciary, as defined in Section 3(21) of such Act, which is either a bank, savings and loan association, insurance company, or
registered investment adviser, or if the employee benefit plan has total assets in excess of $5,000,000 or, if a self-directed plan, with investment decisions made solely by persons that are accredited investors;

	
 
	
(b)
	
Any private business development company as defined in Section 202(a)(22) of the Investment Advisers Act of 1940;

	
 
	
(c)
	
Any organization described in Section 501(c)(3) of the Internal Revenue Code, corporation, Massachusetts or similar business trust, or partnership, not formed for the specific purpose of acquiring securities in the proposed offering,
with total assets in excess of $5,000,000;

	
 
	
(d)
	
Any director, executive officer, or general partner of the issuer of the securities being offered or sold, or any director, executive officer, or general partner of a general partner of that issuer;

	
 
	
(e)
	
Any natural person whose individual net worth, or joint net worth with that person's spouse, at the time of his or her purchase exceeds $1,000,000;

	
 
	
 
	
For purposes of category (e), the term "net worth" means the excess of total assets over total liabilities. In computing net worth for the purposes of category (e) above, the undersigned's principal residence must be valued either at
(A) cost, including the cost of improvements, net of current encumbrances upon the property or (B) the appraised value of the property as determined upon a written appraisal used by an institutional lender making a loan to the individual secured by the
property, including the cost of subsequent improvements, net of current encumbrances upon the property

 

2

 

	
 
	
(f)
	
Any natural person who had an individual income in excess of $200,000 in each of the two most recent years or joint income with that person's spouse in excess of $300,000 in each of those years and has a reasonable expectation of
reaching the same income level in the current year;

	
 
	
 
	
In determining income, the undersigned should add to his or her adjusted gross income any amounts attributable to tax exempt income received, losses claimed as a limited partner in any limited partnership, deductions claimed for
depletion, contributions to an IRA or Keogh retirement plan, alimony payments, and any amount by which income from long-term capital gains has been reduced in arriving at adjusted gross income.

	
 
	
(g)
	
Any trust with total assets in excess of $5,000,000, not formed for the specific purpose of acquiring the securities offered, whose purchase is directed by a sophisticated person as described in Section 230.506(b)(2)(ii) of Regulation
D; and

	
 
	
(h)
	
Any entity in which all of the equity holders are accredited investors.EMPLOYMENT AGREEMENT

     THIS AGREEMENT (the "Agreement") is effective as of September 15, 2000,
by and between INFe.com, Inc. ("Employer"), and Dominique Sada ("Employee").
Employer and Employee are also each individually referred to as a "Party" and
collectively as the "Parties".

     WHEREAS, Employer desires to retain the experience and skills of
Employee;

     THEREFORE, in consideration of the mutual covenants and obligations
hereinafter set forth and other good and valuable consideration, the Parties
hereto agree as follows:

1.  Employment.  Commencing September 15, 2000, and continuing through
September 15, 2001, unless sooner terminated under the provisions of Section 4
below, and from year to year thereafter until terminated under the provisions
of Section 4 below, Employer shall employ Employee as Comptroller and
Executive Vice President of Finance.

2.  Commitment of Employee.  Employee shall, to the best of his ability,
devote his full business time and best efforts to the performance of his
duties under this Agreement and the business and affairs of Employer.
Employee shall duly, punctually, and faithfully perform and observe any and
all rules and regulations which Employer may now or shall hereafter establish
governing the conduct of its business and the conduct of its employees, except
to the extent that such rules and regulations are inconsistent with this
Agreement.  Without the prior written consent of Employer's President,
Employee:

    (A)  Shall not undertake or engage in any other employment, occupation,
or business enterprise, other than ones in which he is a passive investor.

    (B)  Shall not acquire, assume, or participate in, directly or
indirectly, any position, investment, or interest known by Employee to be
adverse, competitive, or antagonistic to Employer, Employer's business, or
Employer's prospects, financial or otherwise.  If Employee becomes aware that
a previously permitted position, investment, or interest has become adverse,
competitive, or antagonistic to Employer, Employer's business, or Employer's
prospects, financial or otherwise, Employee shall promptly take effective
action to disassociate himself/herself from said position, investment, or
interest.

    (C)  Notwithstanding the above, may own as a passive investor securities
of any other competing business entity so long as his direct or indirect
holdings in any one such entity shall not in the aggregate constitute a
controlling interest.

     (D)  Notwithstanding the above, may engage in educational, charitable,
civic, political, social, trade association, and other non-profit activities
to the extent such activities do not materially interfere with the performance
of his duties to Employer and as long as said activities and the organizations

                              Page 1 of 9

<PAGE>

with which he engages in said activities are not adverse, competitive, or
antagonistic to Employer, Employer's business, or Employer's prospects.

3.  Compensation.

    (A)  Salary. During his employment under this Agreement, Employer shall
pay Employee a salary at the rate of $125,000.00 per year payable in equal
installments bi-weekly, less appropriate deductions as required by law or
otherwise permitted by Employee.

    (B)  Benefits. Employee shall be entitled to participate in and enjoy
according to Employer policy any and all expense reimbursement, pension,
retirement, profit-sharing, stock purchase, stock option, life insurance,
accident insurance, medical reimbursement, health insurance or hospitalization
plan, cafeteria plan, deferred compensation plan, vacations, holidays and
other leave, and any other fringe benefits in which other employees of the
Employer in positions similar to his are eligible to participate and entitled
by Employer policy to enjoy.  Notwithstanding the above, and regardless of
what other employees receive, Employer agrees that it shall pay the monthly
premiums for family health and dental insurance for Employee, grant to
Employee four weeks of paid vacation per year, pay employee a car allowance of
$600 a month, and pay Employee's cellular telephone  bills.

    (C)  Stock Options.  Employer hereby grants to Employee options to
purchase 60,000 shares of Employers Common Stock par value $.0001 at a price
per share equal to the closing price of the stock on December 15, 2000. Such
options shall be at no cost to Employee and shall vest immediately. The
shares underlying these options shall be registered by the Employer in its
next registration.

    (E)  Incentive Compensation. Employee shall also be entitled to receive:

         *  Thirty (30%) percent of the cash remitted to INFE by third party
            companies that sign agreements with INFE if Employee has primary
            responsibility for fulfilling the agreement. If Employee does not
            have primarily responsibility for fulfilling the agreement,
            merely referring the third party to INFE, Employee shall receive
            five (5%) percent of the cash remitted to INFE. If Employee and
            another INFE employee or consultant jointly share primary
            responsibility for fulfilling the agreement, they shall split the
            thirty (30%) percent equally between them.

         *  Thirty (30%) percent of any stock, stock options or warrants
            remitted to INFE by third party companies that sign agreements
            with INFE if Employee has primary responsibility for fulfilling
            the engagement agreement and five (5%) percent of the stock,
            stock options or warrants remitted to INFE if Employee merely
            refers the third party to INFE and does not have primarily
            responsibility for fulfilling the agreement. If Employee and
            another INFE employee or consultant jointly share primary
            responsibility for fulfilling the agreement, they shall split
            the thirty (30%) percent equally between them.

                              Page 2 of 9

<PAGE>

         *  7.5% of any monies raised by Employee for Employer or any
            of Employer's affiliates or companies with which Employer has
            agreements.

4. Term and Termination.

    (A)  This Agreement shall terminate of its own terms upon the death of
Employee.

    (B)  Disability. This Agreement shall terminate of its own terms in the
event of the permanent disability of Employee as defined under Employer's
applicable insurance policy or, in the absence of such policy, any physical or
mental incapacity that renders Employee incapable of performing all duties
required of her for three consecutive months or more, or for an aggregate
period of three months or more in any twelve month period, as determined by
Employer's President.  Employee shall carry disability insurance for Employee
during the term of this Agreement.

    (C)  Termination for Cause. Employer may terminate this Agreement for
Cause without notice if Employee, in the reasonable determination of
Employer's President:  Has been indicted for, charged with, or convicted of
any felony or any crime of moral turpitude; has become notorious for personal
dishonesty, willful misconduct, or breach of fiduciary duty involving personal
profit; has engaged or intends to engage in conduct (by act or omission) which
brings Employer or any of its customers, suppliers, or contractors into public
disgrace or disrepute; has engaged in any conduct (by act or omission)
involving dishonesty or fraud with respect to Employer or any of its
customers, suppliers, or contractors; has intentionally failed or intends to
fail to perform any of his duties to Employer (including but not limited to
persistent unsatisfactory performance of material duties); is or intends to be
in willful violation of any law, rule, or regulation of any governmental
agency having jurisdiction over Employee, other than traffic violations or
similar offenses; has been unaccountably absent for 15 calendar days; has
caused or is causing or intends to cause Employer to violate any order issued
against Employer by a court or government agency having authority and
jurisdiction to issue such order; or is in breach or default of or intends to
breach or default with respect to any obligation under this Agreement.
Employee may terminate this Agreement for Cause if Employer breaches any of
the material terms of this Agreement, including but not limited to the timely
delivery of compensation, benefits, and offices in South Florida.

    (D)  Return of Property. Upon termination of Employee's employment under
this Agreement, Employee shall deliver to Employer all property of Employer,
including memoranda, notes, plans, records, reports, and other documents
(including copies thereof), on any medium of recording containing information
confidential or otherwise proprietary to Employer.

    (E)  Survival of Provisions. Except for the rights and obligations in
Sections 1 and  2 and Subsections (A) and (B) of Section 3, the rights,
obligations, covenants, acknowledgments, and representations in this Agreement
shall survive its termination and shall remain in full force and effect until
each is fully satisfied.

                              Page 3 of 9

<PAGE>

5.  Representations and Warranties.  Employee represents, acknowledges, and
warrants that:

    (A)  She has full right, authority, and competence to enter into this
Agreement and fully perform her obligations hereunder;

     (B)  She is not subject to any non-competition agreement that would
prevent or restrict her in any way from performing her duties for Employer
anywhere in the world;

    (C)  Her past, present, and anticipated future activities have not and
will not infringe on the proprietary rights of others;

    (D)  She is not obligated under any contract (including licenses,
covenants, guaranties, or moral or legal commitments of any nature) or other
agreement, or subject to any judgment, decree, or order of any tribunal which
would be in conflict with her obligation to use her best efforts to promote
the interests of Employer or which would be in conflict with Employer's
business as conducted or as proposed to be conducted;

    (E)  Neither the execution nor the delivery of this Agreement, nor the
carrying on of Employer's business will be in conflict with or result in a
breach of the terms, conditions, or provisions of or constitute a default
under any contract, covenant, or instrument under which Employee is obligated.

    (F)  Employer and its continued success depend upon the use and
protection of a large body of confidential and other proprietary information.
 Under this Agreement Employee will hold a position of trust and confidence by
virtue of which Employee will necessarily possess and have access to highly
valuable, confidential, and proprietary information of Employer not known to
the public in general.  It would be improper for Employee to make use of this
information for the benefit of himself/herself and others.  Employer has a
protectable interest in all such information, and all memoranda, notes, plans,
records, reports, and other documents (including copies thereof), on any
medium of recording containing such information are and will remain the
property of Employer.

    (G)  Employee's services will be of special, unique, and extraordinary
value to Employer.

     6.  Special Covenants.  A.  Nondisclosure and Nonuse.  Employee agrees
that, except as may be required to be disclosed to a third party in the
discharge of Employee's duties under this or other Agreements with Employer,
he/she shall regard and preserve as confidential all information pertaining to
the business of Employer, its customers, and others that has been obtained by
him/her during the course of his/her employment.  During any period of
employment by or other affiliation with Employer, Employee shall not, directly
or indirectly, use for Employee's own benefit or for the benefit of any third
party or disclose to any others any of such information without written
authority from the President of Employer.  Employee shall not directly or
indirectly knowingly acquire or attempt to acquire an interest in any business
entity relating to any line of business in which Employer engages or intends
to engage and, to Employee's knowledge, with which Employer has within the
previous twelve months entertained discussions or which has within the
previous twelve months requested and received information relating to the

                              Page 4 of 9

<PAGE>

acquisition of such business by Employer.  The obligations set forth in the
preceding sentences of this Subsection shall not apply to any information
which is or comes into the public domain through no wrongful act or omission
of Employee.  This Subsection shall not be construed as restricting Employee
from disclosing any information (whether proprietary and confidential to
Employer or not) to employees of Employer or others engaged by Employer who
reasonably require access to such information in order to discharge their
duties to Employer.  Notwithstanding the other provisions of this Subsection,
if Employee obtains any information subject to statutory, regulatory, or
judicial restraints on disclosure, including but not limited to federal and
state securities laws and regulations, or any information which he is directed
to disclose by law, regulation, government administrative action, or judicial
order, he shall observe said restraints and directives.

    (B)  Noncompetition.  So long as Employee is employed by Employer,
Employee shall not directly or indirectly own, manage, control, participate
in, consult with, render services for, or in any way engage in the business of
Employer, except as provided in Subsection 2(C) above.

    (C)  Nonsolicitation.  So long as Employee is employed by or otherwise
affiliated with Employer and for an additional 12 months thereafter, Employee
shall not directly or indirectly (1) knowingly induce or attempt to induce any
employee of Employer to leave the employ of Employer; or (2) knowingly engage
any person who, within the previous six months, was an employee of or a
contractor providing services to Employer.

    (D)  Noninterference.  So long as Employee is employed by or otherwise
affiliated with Employer and for an additional 36 months thereafter, Employee
shall not directly or indirectly knowingly induce or attempt to induce any
owner of a site location, customer, supplier, licensee, or other business
relation of Employer to cease doing business with Employer or in any way
interfere with the relationship between any such owner, customer, supplier,
licensee, or other business relation and Employer.

    (E)  Acknowledgments.  Employee acknowledges that the provisions in this
Section are in consideration of employment by Employer and the other
obligations of Employer under this Agreement.  Employee expressly agrees and
acknowledges that the restrictions in this Section do not preclude Employee
from earning a livelihood, nor do they reasonably impose limitations on
Employee's ability to earn a living.  Employee agrees and acknowledges that
the potential harm to Employer of the non-enforcement of the provisions of
this section outweighs any harm to Employee of their enforcement by
injunction, specific performance, or otherwise.  Employee acknowledges that
Employee has carefully read this Agreement and has given careful thought to
the restraints imposed upon him/her by this Agreement, and is in full accord
as to their necessity for the reasonable and proper protection of Employer.
Employee expressly acknowledges and agrees that each and every restraint
imposed by this Agreement is reasonable with respect to subject matter, time
period, and geographical scope, and may be enforced by equitable remedies
including Temporary Restraining Orders, Preliminary Injunctions, and Permanent
Injunctions.

                              Page 5 of 9

<PAGE>

    (F)  Employee's obligations under this Section shall also run to any
subsidiary, joint venture, or other business entity in which Employer has a
direct or indirect ownership interest with voting or other control rights, as
well as to Employer, and the term "Employer" as used in this Section shall be
deemed to include any such subsidiary, joint venture, or other business
entity, as well as Employer.

7.  Ownership of Intellectual Property Created, Developed, or Invented by
    Employee.

    (A)  Definition.  For the purposes of this Agreement, "Employer
Intellectual Property" includes inventions, discoveries, improvements,
creations, information, concepts, images, sounds, textures, software
(including but not limited to any source code, object code, enhancements,
modifications, files, input and output materials, and related documentation),
and media (including but not limited to tapes, disks, paper, and other storage
and recording media) that were or are or will be created, developed, or
invented by Employee for Employer, or within the scope of Employee's
employment, or using Employer resources, or during Employer work hours, or on
Employer premises.

    (B)  Assignment.  Employee grants, transfers, assigns, and conveys to
Employer, its successors and assigns, the entire title, right interest,
ownership, and all subsidiary rights in and to all Employer Intellectual
Property, including but not limited to patent rights, the right to secure
copyright, trademark, service mark, or trade name registration therein and to
any resulting registration in Employee's name as claimant, the right to secure
renewals, reissues, and extensions of any such registration in the United
States of America or any foreign country, and the right to use any other form
of legal protection including maintaining it as a trade secret.  Employee
agrees that the rights of Employer under this Section were and are effective
immediately upon the creation of Employer Intellectual Property.

    (C)  Disclosure.  To avoid misunderstandings, Employee will promptly
disclose in writing to Employer all inventions, discoveries, improvements,
creations, information, concepts, images, sounds, textures, software
(including but not limited to any source code, object code, enhancements,
modifications, files, input and output materials, and related documentation),
and media (including but not limited to tapes, disks, paper, and other storage
and recording media), whether or not patentable, copyrightable or protectable
as trade secrets or otherwise, that are made, conceived, first reduced to
practice, created, developed, or invented by Employee, either alone or jointly
with others, during Employee's employment by or other affiliation with
Employer, whether or not in the course of Employee's employment with Employer.
 Employee will immediately inform Employer of any third party information and
materials used in or for Employer Intellectual Property.

    (D)  Authority.  Whether any copyright, trademark, service mark, trade
secret, or trade name in Employer Intellectual Property shall be preserved and
maintained or registered or whether Employer Intellectual Property shall be
patented in the United States of America or in any foreign country shall be at
the sole discretion of Employer.

                              Page 6 of 9

<PAGE>

    (E)  Work Made For Hire.  Employee agrees that all Employer Intellectual
Property is "work made for hire" as defined in 17 U.S.C. Section 201(b) and
that Employee has been hired or assigned to create, develop, and invent same.

    (F)  All Right and Title.  Employee hereby confirms that Employer owns
and shall own the entire title, right, and interest in all Employer
Intellectual Property, including the sole right to reproduce, to prepare
derivative works based on the copyright, to transfer and distribute by sale,
rental, lease, or lending, license, or by other transfer of ownership, and to
display, in and to Employer Intellectual Property, whether or not Employer
Intellectual Property constitutes a "work made for hire" as defined in 17
U.S.C. Section 201(b).  Employee agrees that no rights in Employer
Intellectual Property are or shall be retained by Employee.

    (G)  Cooperation.  Promptly upon Employer's request, Employee agrees to
take all actions and cooperate as necessary to protect the copyrightability,
patentability, and any other protective measure of and for Employer
Intellectual Property and further agrees to execute any documents that might
be necessary to perfect Employer's ownership of rights in any Employer
Intellectual Property, including but not limited to registration of
copyrights, trademarks, service marks, and trade names and applications for
and ownership of patents.  Employer shall reimburse Employee for reasonable
costs incurred by Employee in cooperating under this Subsection after the
termination of Employee's employment under this Agreement.

8.  Other.

    (A)  Nature; Assignment.  This Agreement is intended to bind, benefit
and be enforceable by Employee and Employer.  Employee shall not assign any
rights or delegate any duties under this Agreement without the written consent
of the President of Employer.  Employer may assign its rights and delegate its
obligations hereunder to any subsidiary, joint venture, or other business
entity in which Employer has a direct or indirect ownership interest with
voting or other control rights, provided that said assignee or delegatee shall
execute and deliver such documentation necessary to be bound by the terms of
this Agreement.  Employer may be released from its obligations under this
Agreement upon such an assignment or delegation.

    (B)  Merger.  This instrument contains the entire agreement of the
Parties relating to the employment relationship between them and supersedes
and cancels all prior written and oral agreements and understandings between
the Parties relating to same which are not set forth herein and other
agreements and documents executed concurrently with this Agreement and to
effect the intent of the Parties as expressed therein.

    (C)  Changes.  No amendment or modification of this Agreement shall be
valid unless made in writing and signed by the Parties.

    (D)  Waiver.  No term or condition of this Agreement shall be deemed to
have been waived except by written agreement of the Party charged with such
waiver.

                              Page 7 of 9

<PAGE>

    (E)  Choice of Law.  This Agreement will be construed in accordance with
the laws of the Commonwealth of Virginia, excluding the choice of law
provisions thereof.

    (F)  Headings.  The headings of the Sections and Subsections in this
Agreement are inserted for convenience only and are not part of this
Agreement.

    (E)  Counterparts.  This Agreement may be executed in separate
counterparts, all of which together constituting one and the same Agreement.

    (F)  Severability.  In the event any one or more of the provisions of
this Agreement shall for any reason be held invalid, illegal, or unenforceable
in any particular circumstance by any tribunal of competent jurisdiction, each
such provision shall be valid in other circumstances and for the particular
circumstance the remaining provisions of this Agreement shall be read and
construed as though the said invalid, illegal or unenforceable provision had
never been a part hereof.  However, if any one or more of the provisions in
this Agreement shall be held to be excessively broad as to duration,
geographical scope, activity, or subject, it shall be construed by limiting
and reducing it so as to be enforceable to the extent compatible with
applicable law as it shall then appear.

    (G)  Third Party Beneficiaries.  Each Party intends that this Agreement
shall not confer any rights or remedies upon any third party except as
otherwise expressly provided herein.

    (H)  Time.  Time is of the essence in the performance of all obligations
of Employee under this Agreement.  If any time period for giving notice or
taking action under this Agreement expires on a day which is a Saturday, a
Sunday, or a holiday in the Commonwealth of Virginia, said time period shall
be automatically extended to the next business day.

    (I)  Notices. All notices to be sent to either Party by the other Party
hereto pursuant to this Agreement shall be sent by registered or certified
mail, return receipt requested, to the following respective addresses or such
other address as the respective addressee may designate by notice to the other
addressees, and shall be deemed delivered as indicated on the return receipt:

         If to Employer:

                         Thomas M. Richfield, President
                         INFe.com, Inc.
                         8000 Towers Crescent Drive, Suite 640
                         Vienna, Virginia  22182

         If to Employee, addressed to him/her at:

                         3119 SW 27 Avenue
                         Coconut Grove, Florida 33133

                              Page 8 of 9

<PAGE>

9.  Enforcement.  Any dispute or controversy arising under or in connection
with this Agreement shall be settled exclusively by binding arbitration in
Fairfax County, Virginia, in accordance with the commercial arbitration rules
of the American Arbitration Association then in effect.  Judgment may be
entered on the arbitrator's award in any court having jurisdiction.
Notwithstanding the foregoing, Employer specifically reserves the right to
seek equitable remedies, together with other remedies pendant to same, in the
Circuit Court of Fairfax County, Virginia, and the Alexandria Division of the
United States District Court for the Eastern District of Virginia.  The
Parties consent to the jurisdiction of and agree that venue shall be proper in
the Circuit Court of Fairfax County, Virginia, and the Alexandria Division of
the United States District Court for the Eastern District of Virginia.  The
prevailing Party in any arbitration or other action to enforce this Agreement,
as determined by the tribunal, shall be entitled to recover reasonable
attorneys' fees and costs incurred in connection with said arbitration or
other action.  The Parties agree and acknowledge that money damages may not be
an adequate remedy for any breach of this Agreement and any tribunal may order
specific performance or injunctive relief in order to enforce or prevent any
violations hereof.

    IN WITNESS WHEREOF, the Parties have executed this Agreement effective
as of the day and year first above written.

INFe.com, Inc., a Florida corporation:

By: __________________________                  ____________________________
Name:  Thomas M. Richfield                      Witness
Its:  President

Employee:

______________________________                  _____________________________
Dominique Sada                                  Witness

<PAGE>

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