Document:

ASSET PURCHASE AGREEMENT

     This  AGREEMENT  made  this  1st day of June,  2000,  by and  between  Tech
Laboratories,  Inc.,  a New Jersey  corporation  having its  principal  place of
business at 955 Belmont Avenue,  North Haledon,  New Jersey 07508 ("Tech Labs"),
Tech Labs  Community  Networks of the  Southeast,  Inc., a Delaware  corporation
having its principal place of business at 955 Belmont Avenue, North Haledon, New
Jersey 07508 ("TL Southeast" or "Purchaser"),  m3communications, Inc., a Florida
corporation  having  its  principal  place of  business  at 806  Sarasota  Quay,
Sarasota,  Florida 34236 ("Seller") and the shareholders of the Seller set forth
on Schedule A (the "Selling Shareholders"). Each of Tech Labs, TL Southeast, the
Seller and the Selling  Shareholders are  individually  referred to as a "Party"
and collectively as the "Parties."

                                   WITNESSETH:

     WHEREAS,  Tech  Labs is in the  business  of  providing  telecommunications
distribution and management equipment; and

     WHEREAS,   the  Seller  has  entered  into  certain  contracts  to  provide
telecommunications  services to property developments (the "Property Contracts")
and certain assets (the "Assets"); and

     WHEREAS,  Tech Labs' wholly owned  sub-subsidiary,  TL  Southeast,  has the
exclusive   authority   to  develop  the  Tech  Labs'   business  of   providing
telecommunications  services to property developments to customers in the States
located in the Territory (as defined below); and

     WHEREAS, the Seller desires to sell and assign to TL Southeast the Property
Contracts and the Assets,  and Tech Labs and TL Southeast desire to purchase and
have the Property Contracts assigned to TL Southeast as hereinafter set forth.

     NOW,  THEREFORE,  in  consideration  of the  mutual  covenants  hereinafter
contained, the parties hereto agree as follows:

1. Purchase and Sale at the Closing.

     1.1. On the terms and subject to the conditions provided in this Agreement,
at the "Closing" (as hereinafter defined),  Seller shall convey, sell, transfer,
assign,  and  deliver  to TL  Southeast,  and Tech Labs  shall  purchase  and TL
Southeast  shall  accept,  all the right,  title,  and  interest in the Property
Contracts and the Assets,  which are all set forth on Schedule B, annexed hereto
and made a part hereof.

     1.2. The Property  Contracts and Assets shall be acquired free and clear of
any liens, claims, and encumbrances.

     1.3. The transfer of the Property  Contracts and Assets as herein  provided
shall be  effected  by  bills of sale,  assignments  and  other  instruments  of
transfer  and  conveyance  delivered to TL Southeast on the Closing Date in form
sufficient to transfer the Property Contracts and Assets as contemplated by this
Agreement and as shall be reasonably requested by TL Southeast.

     2.  Assumption of Contract  Obligations.  On the Closing Date, TL Southeast
shall assume all the  liabilities  and  contractual  obligations of the Property
Contracts and Assets.

<PAGE>

     3.  Consideration.  In consideration  for Seller's transfer of the Property
Contracts and Assets to Tech Labs'  wholly-owned  sub-subsidiary,  TL Southeast,
Tech Labs shall pay to the Seller as follows:

     3.1.  Twenty-five thousand (25,000) shares of the common stock of Tech Labs
which, at the time of Closing,  will be duly authorized,  validly issued,  fully
paid,  and  non-assessable,  and which shall be  delivered  to Seller at Closing
pursuant to a stock representation  letter (the "Stock  Representation  Letter")
executed by Tech Labs and Seller;  providing,  among other things, that the sale
of the shares is not registered under the federal securities laws and the shares
are being purchased for investment purposes and not with a view toward resale.

     3.2.  Warrants to purchase one hundred thousand  (100,000) shares of common
stock of Tech Labs,  exercisable within three (3) years from the Closing Date at
an exercise  price equal to the closing  price of Tech Labs' common stock on the
Closing  Date,  which  shall be  delivered  to Seller at Closing  pursuant  to a
warrant agreement (the "Warrant Agreement");

     3.3.  Twenty  percent  (20%) of the shares of common  stock of TL Southeast
which, at the time of Closing,  shall be duly authorized,  validly issued, fully
paid, and non-assessable,  and which shall be delivered to Seller at Closing and
will bear the customary restrictive legend against transfer and a legend stating
that the shares are  subject to the terms of a certain  shareholders'  agreement
dated  _______,  2000  by  and  between  Tech  Labs  Community  Networks,   Inc.
("Community  Networks"),  a wholly  owned  subsidiary  of Tech  Labs and  parent
corporation   of  TL  Southeast,   TL  Southeast  and  m3  (the   "Shareholders'
Agreement"); and

     3.4. In accordance  with the accounting and  distribution  procedures to be
adopted by Bernard M.  Ciongoli,  Terry  Nelson  and/or a member of the board of
directors of TL Southeast  designated by the Seller,  TL Southeast  shall pay to
Seller twenty percent (20%) of the monthly "adjusted gross income", as such term
is defined under generally accepted accounting  principles,  generated from each
contract  for  telecommunications  services  to  property  developments  that TL
Southeast  enters  into  within one  hundred  and twenty  (120) days of the date
hereof within the states of Virginia, North Carolina, South Carolina,  Kentucky,
Tennessee, Georgia, Alabama, Louisiana, Mississippi and Florida (such states are
hereinafter referred to as the "Territory").

     4.  The  Closing.  The  closing  of the  transaction  contemplated  by this
Agreement (the  "Closing")  shall be held at the offices of Stursberg & Veith at
such time and date as may be agreed to by the Parties (the "Closing Date"),  but
in no event later than June 9, 2000.

     5.  Representations and Warranties of the Seller and Selling  Shareholders.
The Seller and the Selling  Shareholders  represent and warrant to Tech Labs and
TL Southeast that the statements  contained in this Section 5 are true, correct,
and complete as of the date of this  Agreement  and will be true,  correct,  and
complete as of the Closing Date:

     5.1. The Seller has the  corporate  power and  authority to enter into this
Agreement  and the  agreements,  as of  Closing,  set forth in Section 3 of this
Agreement  (which  agreements are  hereinafter  collectively  referred to as the
"Selling   Agreements"),   and  to  carry-out  its  obligations   hereunder  and
thereunder.  The execution,  delivery and  performance of this Agreement and the
Selling  Agreements,  as of Closing,  and the  consummation  of the  transaction
contemplated  hereby and thereby have been duly authorized by the Seller's Board
of Directors. This Agreement constitutes the valid and binding obligation of the
Seller, and the Selling Agreements, when executed and delivered, will constitute
the valid and binding  obligations  of the Seller and Selling  Shareholders,  in
each case enforceable in accordance with their terms.

                                       -2-

<PAGE>

Except  for  the  approval  of the  Selling  Shareholders,  no  other  corporate
proceedings  on the part of the Seller are necessary to authorize this Agreement
and the Selling Agreements and the transactions contemplated hereby and thereby.

     5.2. The Seller is a corporation  duly organized,  validly  existing and in
good  standing  under the laws of the State of  Florida,  and has all  requisite
corporate  power and authority to own, lease and operate its assets,  properties
and business and to carry on its business as now being conducted.

     5.3.  The Seller has  heretofore  delivered  to Tech Labs true and complete
copies of the Seller's certificate of incorporation, by-laws and currently valid
letter of good standing.

     5.4.  The Seller is not in violation of any  applicable  order,  judgement,
injunction,  award  or  decree,  law,  ordinance  or  regulation  or  any  other
requirement of any  Governmental  Entity  applicable to the Seller.  Neither the
Seller nor the Selling Shareholders have received notice that any such violation
has been alleged or is being investigated.

     5.5. The Seller has good, valid title to all Property Contracts and Assets,
and has the power to transfer,  convey,  and assign the Property  Contracts  and
Assets.  The  Property  Contracts  and  Assets  are  free and  clear of all,  as
applicable, liens, claims, charges, security interests, or other encumbrances of
any nature whatsoever, including, without limitation, leases, chattel mortgages,
conditional sales contracts,  collateral security arrangements,  and other title
or interest retention arrangements.

     5.6.  To the best of  Seller's  and Selling  Shareholders'  knowledge,  the
Seller  is not in  default  under  any of the  Property  Contracts,  and  has no
knowledge  of  any  threat  of  cancellation  or  termination  of  the  Property
Contracts.  Neither the execution of this Agreement,  the Selling  Agreements or
the transactions contemplated by this Agreement or the Selling Agreements,  will
result in a default under any of the Property Contracts,  or create the right to
terminate the Property Contracts. Each of the Property Contracts is valid and in
full force and  effect,  and will  remain and  continue in full force and effect
upon the assignment thereof by Seller to Purchaser.

     5.7. The Seller has the  authority  under the terms of each of the Property
Contracts to assign the Property Contracts as contemplated by this Agreement. By
Closing,  the transfer,  assignment,  and delivery of the Property Contracts and
Assets  to TL  Southeast  shall  have  been  duly  authorized  by all  requisite
corporate action on behalf of the Seller.

     5.8. The Seller has duly and timely filed all federal,  state,  foreign and
other tax returns and reports required to be filed on or before the date hereof,
and has paid all taxes due and payable.

     5.9. Seller, by Closing,  has obtained all necessary consents and approvals
necessary to effectuate the transactions  contemplated by this Agreement and the
Selling Agreements, including but not limited to the assignments of the Property
Contracts and bills of sale for the Assets.

     5.10.  Selling  Shareholders,  by Closing,  have  ratified and approved the
transfer and assignment of the Property  Contracts and Assets,  the execution of
this Agreement and the Selling Agreements and related  transactions.  A true and
complete copy of such shareholder resolutions has been delivered to Tech Labs.

     5.11. The Seller and Selling Shareholders have been advised by counsel that
the State of Florida  has  repealed  its  so-called  "Bulk  Sales Laws" or "Bulk
Transfer Laws," and,  accordingly,  there are

                                       -3-

<PAGE>

no  requirements  under the laws of the State of Florida to notify  creditors of
the transaction contemplated by this Agreement.

     5.12.  Neither the  execution  and the delivery of this  Agreement  and the
Selling Agreements, nor the consummation of the transactions contemplated hereby
and  thereby,  will (A) violate any  constitution,  statute,  regulation,  rule,
injunction, judgment, order, decree, ruling, charge, or other restriction of any
government,  governmental  agency,  or court to which  the  Seller or any of its
properties  or Property  Contracts and Assets is subject or any provision of the
charter or bylaws of the Seller,  or (B) conflict  with,  result in a breach of,
constitute a default under,  result in the  acceleration of, create in any third
party the right to accelerate, terminate, or cancel, or require any notice under
any agreement,  contract,  lease,  license,  instrument or other  arrangement to
which  the  Seller  is a party or by  which  it is bound or to which  any of its
properties  or Property  Contracts  and Assets is subject,  or (C) result in the
imposition of any mortgage, pledge, lien, encumbrance, charge, or other security
interest upon any of its properties or Property Contracts and Assets, except for
encumbrances  that do not in any  material  respect  adversely  detract from the
value of the property subject thereto or materially  impair the operation of the
business of Tech Labs and TL Southeast.

     5.13.  Schedule A contains a true and complete list of all  shareholders of
the Seller.

     5.14.  Schedule C contains a true and  complete  list of all parties  which
have entered into non-competition agreements with Seller.

     6. Representations and Warranties of Tech Labs and TL Southeast.  Tech Labs
and TL Southeast  represent  and warrant to the Seller and Selling  Shareholders
that the statements  contained in this Section 6 are true, correct, and complete
as of the date of this Agreement and will be true,  correct,  and complete as of
the  Closing  Date,  except as  disclosed  in writing to the Seller and  Selling
Shareholders prior to Closing.

     6.1. TL Southeast shall be on the Closing Date a corporation duly organized
and  validly  existing  and in good  standing  under  the  laws of the  State of
Delaware.  TL  Southeast  has all  requisite  corporate  power and  authority to
carry-out the obligations of the Property  Contracts and to conduct the proposed
business of TL Southeast.

     6.2.  Tech  Labs is and shall be on the  Closing  Date a  corporation  duly
organized and validly  existing and in good standing under the laws of the State
of New Jersey.

     6.3. The execution, delivery and performance of this Agreement by Tech Labs
and TL  Southeast  have been  duly  authorized  by Tech  Labs and TL  Southeast,
respectively,  and will not result in a breach of any term or  provision  of, or
constitute a default  under,  any agreement or other  instrument to which either
Tech Labs or TL Southeast is a party or by which either is bound. This Agreement
is binding upon and enforceable against Tech Labs and TL Southeast.

     6.4. The shares of Tech Labs and TL Southeast common stock being issued and
sold pursuant to this Agreement, when paid for as set forth herein, will be duly
authorized, validly issued, fully paid and non-assessable.

     6.5.  Tech Labs has  reserved  and set  aside,  out of its  authorized  but
unissued  shares of common stock, a sufficient  number of shares of common stock
for issuance  upon  conversion  of the Warrants  issued  pursuant to the Warrant
Agreement.

                                       -4-

<PAGE>

     6.6. Tech Labs represents and acknowledges that TL Southeast shall have the
right  to  enter  into,   develop  and  fulfill  all   contracts  for  providing
telecommunications  services to property  developments  in the  Territory;  and,
provided  that Seller or any  affiliate  or  subsidiary  of Seller or any of the
Selling  Shareholders  shall not enter into, develop or fulfill any contract for
telecommunications  services to property developments in the Territory,  neither
Tech Labs nor any subsidiary or affiliate of Tech Labs (with the exception of TL
Southeast) shall have the right to enter into,  develop and fulfill any contract
for  providing  telecommunications  services  to  property  developments  in the
Territory.

     7. Conditions Precedent to Seller's and Selling Shareholders' Obligations.

     The  obligations  of Seller and  Selling  Shareholders  to  consummate  the
transactions  contemplated  by this  Agreement  are subject to the  fulfillment,
prior to or at the Closing Date, of the following conditions:

     7.1.  Except as  disclosed  in writing to Seller and  Selling  Shareholders
prior to Closing,  all  representations,  warranties  and covenants made in this
Agreement by Tech Labs and TL Southeast  shall be true as of the Closing Date as
fully as though such representations,  warranties and covenants had been made on
and as of the  Closing  Date,  and Tech  Labs and TL  Southeast  shall  not have
violated or shall not have  failed to perform in  accordance  with any  covenant
contained in this Agreement.

     7.2.  Delivery  of an  officer's  certificate  certifying  the  accuracy of
Seller's  representations  and  warranties  as of  the  Closing  Date  in a form
acceptable  to Tech  Labs,  which  shall  include  at a  minimum  the  officer's
certification  that (i) the Selling  Shareholders have ratified and approved the
Agreement,  and (ii) that the Seller has  assigned the  Property  Contracts  and
Assets in a manner acceptable to Tech Labs and TL Southeast.

     7.3.  Acceptance by Seller and Selling  Shareholders of the terms set forth
in the Stock Representation Letter, the Warrant Agreement, and the Shareholders'
Agreement.

     8. Conditions Precedent to Tech Labs' and TL Southeast's Obligations

     The   obligations   of  Tech  Labs  and  TL  Southeast  to  consummate  the
transactions  contemplated  by this  Agreement  are subject to the  fulfillment,
prior to or at the Closing Date, of the following conditions:

     8.1.  Except as disclosed in writing to Tech Labs and TL Southeast prior to
Closing, all representations and warranties made in this Agreement by Seller and
Selling  Shareholders  shall be true as of the  Closing  Date as fully as though
such  representations,  warranties  and covenants had been made on and as of the
Closing  Date,  and,  as  of  the  Closing  Date,  neither  Seller  nor  Selling
Shareholders  shall have  violated or shall have failed to perform in accordance
with any covenant contained in this Agreement.

     8.2. The execution and delivery,  either prior to or simultaneous  with the
Closing,  of the Stock  Representation  Letter, the Warrant  Agreement,  and the
Shareholders' Agreement,  the Assignment,  and such other documents as Tech Labs
and TL Southeast shall reasonably request.

     9. Covenant Not to Compete; Nondisclosure

     9.1.  Noncompetition.  (a) For the  greater of (i) a period of one (1) year
after the Closing Date or (ii) for such period of time that Seller and Community
Networks are parties to the  Shareholders'  Agreement,  the Seller,  or Seller's
successor in  interest,  and Selling  Shareholders,  as  applicable,  shall not,
directly  or  indirectly,  (1) own an  interest  in; or (2)  participate  (as an
officer, director, or in any other

                                       -5-

<PAGE>

capacity) in the management,  operation,  or control of; or (3) perform services
as or act in the capacity of an employee, independent contractor, consultant, or
agent of any  enterprise  engaged,  directly or  indirectly,  in the business of
providing  telecommunication services to property developments or in competition
with any other business  conducted by Tech Labs or TL Southeast  except with the
prior written consent of Tech Labs; provided,  however, Selling Shareholders may
(i) purchase securities,  for investment purposes only, in companies listed on a
national securities exchange or actively traded over the counter so long as such
investments  do  not  collectively,   among  all  Selling  Shareholders  in  the
aggregate,  exceed  five  percent  (5%) of the  outstanding  securities  of such
companies, and (ii) individually work as an employee in a non-executive capacity
for companies providing  telecommunications  services so long as such individual
has no equity ownership, directly or indirectly, in such employer.

     (b) For the greater of (i) a period of one (1) year after the Closing  Date
or (ii) for such period of time that Seller and  Community  Networks are parties
to the  Shareholders'  Agreement,  neither  Tech  Labs  nor  any  subsidiary  or
affiliate of Tech Labs (with the exception of TL Southeast) shall have the right
to   enter   into,   develop,   and   fulfill   any   contract   for   providing
telecommunications services to property developments in the Territory.

     (c) The  parties  agree  that if either  (i) the  Seller  and/or any of the
Selling  Shareholders or (ii) Tech Labs and/or TL Southeast breach this covenant
not to compete,  the other non- breaching  party shall not be obligated to abide
by the covenant not to compete.

     (d) The Seller,  Selling Shareholders,  Tech Labs, and TL Southeast further
agree that the time limitations set forth in this Section 9.1 not to compete are
reasonable.

     9.2. Confidentiality.  The Seller and Selling Shareholders agree not to, at
any time, directly or indirectly, use, communicate,  disclose or disseminate any
and all information  relating to the business and operations of Tech Labs and/or
TL Southeast or the Property Contracts.

     9.3.  Injunction.  The Parties  agree that it would be difficult to measure
the damage to Tech Labs and TL  Southeast  or Seller or  Seller's  successor  in
interest  (as the case may be) from any  breach of  Section 9 and that  monetary
damages  would be an  inadequate  remedy for any such breach.  Accordingly,  the
Parties  agree that if there  shall be a breach of  Section 9, Tech Labs  and/or
Community  Networks or Seller or Seller's successor in interest (as the case may
be) shall be entitled,  in addition to all other  remedies it may have at law or
in equity,  to an  injunction or other  appropriate  orders to restrain any such
breach,  without  showing or proving any actual  damage  sustained  by Tech Labs
and/or TL Southeast or Seller or Seller's successor in interest (as the case may
be).

     9.4.  Scope  of  Restriction.  It is the  intent  of the  Parties  that the
covenants  contained in this  Section 9 shall be enforced to the fullest  extent
permissible  under the laws of the state in which  enforcement  is  sought.  The
Parties  agree that if any one or more of the  provisions  of Section 9 shall be
adjudicated  to be invalid or  unenforceable  for any  reason  whatsoever,  said
provision shall be construed by limiting and reducing it so as to be enforceable
to the extent permissible.

     10. Survival of Representations and Warranties

     The    representations,     warranties,    covenants,    agreements,    and
indemnification,  as  applicable,  of  each  of the  Parties  contained  in this
Agreement  shall survive the Closing Date and shall be deemed to be material and
to have  been  relied  upon by the  Parties  notwithstanding  any  investigation
heretofore or hereafter made by the Parties, or on their respective behalfs.

                                       -6-

<PAGE>

     11. Miscellaneous

     11.1.  Default. In the event a Party fails to comply with the terms of this
Agreement, any other party to this Agreement shall be entitled to (a) injunctive
relief,  as a matter of right, in any court of competent  jurisdiction;  (b) any
other  relief or remedy that may be available  pursuant to this  Agreement or at
law or equity.

     11.2.  Notices.  All notices  hereunder shall be in writing and be given by
registered or certified  mail,  postage and  registration  fees  prepaid,  or by
overnight delivery, and shall be deemed given when so mailed as follows:

     If to Tech Labs and/or TL Southeast:

     Bernard M. Ciongoli
     Tech Laboratories, Inc.
     955 Belmont Avenue
     North Haledon, New Jersey 07508

     with a copy to:

     Walter Stursberg
     Stursberg & Veith
     405 Lexington Avenue, Suite 4949
     New York, New York 10174

     If to the Seller and/or the Selling Shareholders:

     m3communications, Inc.
     806 Sarasota Quay
     Sarasota, Florida 34236

     with a copy to:

     Peter A. Shoemann
     Holland & Knight
     400 North Ashley Drive, Suite 2300
     P.O. Box 1288 (Zip 33601-1288)
     Tampa, FL 33602-4300

     The  foregoing  addresses may be changed by notices given in the manner set
forth in this section.

     11.3.  Governing  Law.  This  Agreement  shall be construed and enforced in
accordance  with,  and governed by, the laws of the State of New Jersey  without
giving effect to the principals of the conflict of laws thereof.

                                       -7-

<PAGE>

     11.4.  Waivers.  The waiver by the  undersigned of any of the provisions of
this  Agreement  shall not operate or be construed as a waiver of any subsequent
breach.

     11.5.  Headings.  The section headings  contained in this Agreement are for
reference purposes only and shall not affect the construction and interpretation
of this Agreement.

     11.6.  Severability.  Should any clause, section, or part of this Agreement
be held or declared to be void or illegal  for any  reason,  all other  clauses,
sections,  or parts of this Agreement that can be effected  without such illegal
clause, section, or part shall nevertheless remain in full force and effect.

     11.7.  Binding  Effect;  Benefits.  This  Agreement  shall not be  assigned
without the prior written consent of the Parties;  provided,  however, Tech Labs
and/or TL Southeast may assign this  Agreement,  provided  that such  assignment
does not circumvent or harm the interests of Seller and Selling Shareholders, as
such  interests  are set  forth  in  this  Agreement,  to one or  more of  their
respective affiliates,  except that Tech Labs may not assign its obligation,  as
set forth in Section 3 hereof, to issue the securities to Seller,  nor in anyway
affect the delivery of the remaining consideration to Seller pursuant to Section
3 hereof.  This Agreement  shall be binding upon and inure to the benefit of the
Parties,  their  heirs,  personal  representatives,  successors,  and  permitted
assignees.

     11.8.  Interpretation  of Syntax  and  Captions.  All  references  made and
pronouns  used herein shall be construed in the singular or plural,  and in such
gender, as the sense and circumstances require.

     11.9. Counterparts. This Agreement may be executed in several counterparts,
each of which shall be deemed an original but all of which shall  constitute one
and the same instrument. This Agreement may contain more than one counterpart of
the signature  page and may be executed by the affixing of the signatures of the
Parties to one of these  counterpart  signature  pages.  All of the counterparts
signature  pages shall be read as though one, and they shall have the same force
and effect as though all of the signers had signed a single signature page.

     11.10.Execution  of  Documents.  The  Parties  hereto  agree to execute and
deliver,  without cost or expense to any other  party,  any and all such further
instruments or documents and to take any and all such further action  reasonably
requested by such other of the Parties  hereto as may be necessary or convenient
in order to effectuate this Agreement and the interests and purposes thereof.

     11.11. Submission to Jurisdiction;  Venue. Any action or proceeding against
any Party hereto with respect to this  Agreement  shall be brought in the courts
of the State of New Jersey or of the United  States of America for the  District
of New Jersey,  and, by  execution  and delivery of this  Agreement,  each Party
hereto  hereby  irrevocably  accepts for itself and in respect of its  property,
generally and  unconditionally,  the jurisdiction of the aforesaid courts.  Each
Party   hereto   irrevocably   consents   to  the  service  of  process  at  the
aforementioned  courts in any such action or proceeding by the mailing of copies
thereof by registered or certified mail,  postage prepaid,  to such Party at its
address set forth in Section  10.2,  such  service to become  effective  30 days
after such mailing. Nothing herein shall affect the right of any Party hereto to
serve  process on any other Party hereto in any other  manner  permitted by law.
Each Party  hereto  irrevocably  waives any  objection  which it may now have or
hereafter  have to the  laying  of  venue  of any of the  aforesaid  actions  or
proceedings  arising out of or in connection with this Agreement  brought in the
court referred to above and hereby further  irrevocably waives and agrees not to
plead or claim in any such court that any such action or  proceeding  brought in
any such court has been brought in an inconvenient forum.

                                       -8-

<PAGE>

     11.12.  Indemnification.  Seller and Selling  Shareholders shall defend and
promptly indemnify Tech Labs and/or TL Southeast and save and hold them harmless
from,  against,  for,  and in respect of, and pay any and all  damages,  losses,
obligations,   liabilities,  claims,  encumbrances,   deficiencies,  costs,  and
expenses,  including, without limitation,  reasonable attorneys' fees, and other
costs and  expenses  incident  to any suit,  action,  investigation,  claim,  or
proceeding suffered,  sustained,  incurred,  or required to be paid by Tech Labs
and/or TL  Southeast  resulting  from any  breach or failure  of  observance  or
performance  of any  representation,  warranty,  covenant,  or agreement made by
Seller and/or  Selling  Shareholders  hereunder or relating to or as a result of
any such  representation,  warranty,  covenant,  or  agreement  being  untrue or
incorrect in any respect.

     11.13. Entire Agreement.  This Agreement,  including the attached Schedules
A, B and C, the Stock  Representation  Letter,  a copy of which is  attached  as
Exhibit A, the Warrant Agreement,  a copy of which is attached as Exhibit B, and
the Shareholders Agreement, a copy of which is attached as Exhibit C, constitute
the complete and  exclusive  statement of the terms and  conditions  between the
Parties.  The Parties are not bound by any oral statements that are made outside
of this  Agreement.  This  Agreement  may not be modified  or altered  except by
written instrument duly executed by the Parties.

     WHEREFORE,  the Parties have executed  this  Agreement as of the date above
written.

M3COMMUNICATIONS, INC.                     TECH LABORATORIES, INC.

By: /s/ Paul Hansen                        By: /s/ Bernard M. Ciongoli
    --------------------------------           -------------------------------
    Paul Hansen                                Bernard M. Ciongoli
    President                                  President

                                           TECH LABS COMMUNITY NETWORKS OF
                                           THE SOUTHEAST, INC.

                                           By: /s/ Bernard M. Ciongoli
                                               -------------------------------
                                               Bernard M. Ciongoli
                                               President

                                      -9-

<PAGE>

SELLING SHAREHOLDERS

/s/ Terry Nelson
----------------------------------------
Terry Nelson

/s/ John Ellis
----------------------------------------
John Ellis

/s/ Rick Pettis
----------------------------------------
Rick Pettis

/s/ Edward Branca
----------------------------------------
Edward Branca

/s/ Bruce Frankel, Trustee
----------------------------------------
Bruce Frankel Revocable Trust

/s/ Allan M. Parvey, Trustee
----------------------------------------
Allan M. Parvey Revocable Trust

/s/ on behalf of Molzan Enterprises, LTD
----------------------------------------
Molzan Enterprises, LTD

/s/ Joan Szypulski
----------------------------------------
Joan Szypulski

/s/ Naomi Aleman
----------------------------------------
Naomi Aleman

/s/ Jeff Jewett
----------------------------------------
Jeff Jewett

/s/ Brenda Grewell
----------------------------------------
Brenda Grewell

/s/ David Sudderth
----------------------------------------
David Sudderth

/s/ Daniel Olson
----------------------------------------
Daniel Olson

/s/ Paul Hansen
----------------------------------------
Paul Hansen

/s/ Henry Kavett
----------------------------------------
Henry Kavett

/s/ Julene Pettis
----------------------------------------
Julene Pettis

/s/ Bruce Frankel
----------------------------------------
Bruce Frankel

/s/ Allan M. Parvey
----------------------------------------
Allan M. Parvey

/s/ Frank D'Alessandro
----------------------------------------
Frank D'Alessandro

/s/ Greg Szypulslki
----------------------------------------
Greg Szypulslki

/s/ Laurine Nelson
----------------------------------------
Laurine Nelson

/s/ Michael Aleman
----------------------------------------
Michael Aleman

/s/ James Reilley
----------------------------------------
James Reilley

/s/ Wayne Grewell
----------------------------------------
Wayne Grewell

/s/ Lou Simon
----------------------------------------
Lou Simon

                                       -9-STOCKHOLDERS' AGREEMENT

     AGREEMENT entered into as of the 22nd day of June, 2000,  between Tech Labs
Community Networks,  Inc., a Delaware corporation ("Community  Networks"),  Tech
Labs Community  Networks of the  Southeast,  Inc., a Delaware  corporation  (the
"Company") and m3communications,  Inc., a Florida corporation ("m3").  Community
Networks and m3 are individually referred to as a "Stockholder" and collectively
as the "Stockholders."

                                   WITNESSETH:

     The Company is a corporation  organized  under and by virtue of the laws of
the State of Delaware and has an authorized  capitalization of one thousand five
hundred  (1,500) shares of common stock, no par value (the "Common  Stock"),  of
which no shares are issued and outstanding.

     Upon the closing of the transactions by and between Tech Laboratories, Inc.
("Tech Labs"),  Community Networks, the Company, m3, and the shareholders of m3,
pursuant to which m3 is selling to the Company  certain  assets and contracts to
provide  telecommunications  services to property  developments in consideration
for Tech Labs' and  Community  Networks'  transfer of shares of common  stock in
Tech Labs and the  Company to m3, the  Stockholders  shall own all of the issued
and  outstanding  shares of Common  Stock of the  Company,  the holdings of each
Stockholder being as follows:

                         Community Networks 1,200 shares
                         m3                   300 shares

     The  shares  of  stock  of the  Company  described  above  as  owned by the
Stockholders   and  any  shares  of  such  stock  hereafter   acquired  by  such
Stockholders and permitted transferees are referred to herein as the "Stock."

     The parties  hereto deem it expedient for the best interests and welfare of
the Company and its  Stockholders  to provide for the future  disposition of the
Stock by imposing  certain  restrictions  and obligations on themselves and such
Stock.

     NOW, THEREFORE,  in consideration of the premises and the mutual agreements
and covenants herein contained, it is agreed as follows:

SECTION 1. DEFINITIONS AND TERMS

     1.1.  Definitions.  The  following  terms,  as used herein,  shall have the
following meanings:

     "Common  Stock" means the shares of the  Company's  common stock on a fully
diluted  basis,  no par  value,  or shares  of any  other  class of stock of the
Company which are convertible into shares of the Common Stock.

     "Company" has the meaning set forth in the preface above.

<PAGE>

     "Party" has the meaning set forth in the preface above.

     "Proposed Purchaser" has the meaning set forth in Section 3.1.1.

     "Purchase Allotment" has the meaning set forth in Section 3.2.1.

     "Security Interest" means any mortgage, pledge, lien, encumbrance,  charge,
or other  security  interest,  other  than (A)  liens  for taxes not yet due and
payable or for taxes  that the  taxpayer  is  contesting  in good faith  through
appropriate proceedings, (B) purchase money liens securing rental payments under
capital lease arrangements,  and (C) liens,  charges,  encumbrances,  easements,
rights-of-way,  building  and use  restrictions,  exceptions,  reservations  and
limitations that do not in any material respect adversely detract from the value
of the  property  subject  thereto or  materially  impair the  operation  of the
Company.

     "Stock" shall have the meaning set forth in the preface above.

     "Stockholders" has the meaning set forth in the preface above.

     "Tag Along Notice" has the meaning set forth in Section 3.1.3.

     "Transfer  Allotment"  has the meaning  set forth in Section  3.1.2 of this
Agreement.

     "Transfer  Date"  has the  meaning  set  forth  in  Section  3.1.2  of this
Agreement.

     "Transfer  Notice"  has the  meaning  set  forth in  Section  3.1.2 of this
Agreement.

     1.2. Other Terms.  Other terms may be defined elsewhere in the text of this
Agreement and, unless otherwise  indicated,  shall have such meaning  throughout
this Agreement.

     1.3. Other Definitional Provisions. The words "herein",  "hereof", "hereto"
and "hereunder" and words of similar import, when used in this Agreement,  shall
refer to this Agreement as a whole and not to any particular  provisions of this
Agreement.  The terms  defined in the singular  shall have a comparable  meaning
when used in the plural,  and vice versa,  and in such gender,  as the sense and
circumstances require.

SECTION 2. RESTRICTION OF SALE OR TRANSFER; PUT OPTION.

     2.1. Restriction. M3, or its successors or assigns, shall not sell, assign,
hypothecate,  transfer,  pledge, encumber, give away or otherwise dispose of any
Stock except in  compliance  with the terms and  conditions  of this  Agreement;
provided,  however, m3 may transfer, as permitted by law, shares of the Stock to
its  shareholders,  which  transfer shall not be prohibited by the terms of this
Agreement.

     2.2.  Offer.  Should  m3 or its  successors  or  assigns  desire to sell or
otherwise  dispose of all or any portion of its Stock,  m3 or its  successors or
assigns shall make an offer to Community  Networks  specifying the terms of sale
of such stock. Community Networks shall have the absolute

                                       -2-

<PAGE>

right and option to purchase such shares of Stock before the shares of Stock may
be offered to any other  party,  which may only be offered to any third party on
terms no more favorable than those offered to Community Networks.

     2.3.  General.  Every offer  pursuant to this Section 2 shall be in writing
and shall state that m3, or its  successors or assigns,  offers to sell all or a
portion  (specifying such number), as the case may be, of its Stock to Community
Networks.  Community  Networks  shall have the option,  within  thirty (30) days
after receipt of such offer, to purchase all or a portion of the shares of Stock
offered for sale by m3 or its successors or assigns.

     2.4.  Remaining  Shares.  Any  shares  of  Stock  offered  for sale but not
acquired by Community  Networks as provided in this Section 2 may be sold on the
open market free of the restrictions contained in this Agreement, providing that
(i) any such sale shall be on terms not more favorable to the purchaser(s)  than
those provided for in the offer, (ii) such sale shall be made within ninety (90)
days from the last date upon which  Community  Networks was entitled to purchase
said shares under the  provisions  of this  Agreement and (iii) such sale in the
manner proposed to be made by m3 would not, in the written opinion of counsel to
the  Company,  be in violation  of the  Securities  Act of 1933 or the Rules and
Regulations  of the  Securities and Exchange  Commission  thereunder,  or of any
applicable  state  securities  or "Blue  Sky" laws or any rules and  regulations
promulgated  thereunder.  If no such sale is made by m3 within  said ninety (90)
days period,  then all of the  provisions of this  Agreement  shall apply to any
disposition of the shares as if no offer to sell had been made.

SECTION 3. PREEMPTIVE RIGHTS

     3.1. Rights of Inclusion.

     3.1.1.  General.  Except as  provided in Section  3.1.6.,  if, at any time,
Community  Networks or its  successors or assigns  proposes to transfer Stock in
the Company to a third party (a "Proposed Purchaser"),  Community Networks shall
afford m3 or its  successors or assigns the  opportunity  to participate in such
transfer to such third party in accordance with this Section 3.1.

     3.1.2. Right to Participate.  M3 or its successors or assigns, with respect
to the proposed  transfers set forth in Section 3.1.1.,  shall have the right to
transfer its Stock in the Company in proportion to the amount of Stock  proposed
to be  transferred  by  Community  Networks or its  successors  or assigns  (the
"Transfer Allotment"), at the same price and upon identical terms and conditions
as such proposed  transfer.  At the time any transfer to a Proposed Purchaser is
proposed,  Community  Networks or its successors or assigns shall give notice to
m3 of its right to sell Shares hereunder (the "Transfer  Notice"),  which notice
shall  identify the Proposed  Purchaser and state the number of shares of Common
Stock proposed to be transferred, the proposed offering price, the proposed date
of any such  transfer (the  "Transfer  Date") and any other  material  terms and
conditions of the proposed  transfer.  The Transfer  Notice shall also contain a
complete and correct copy of any offer to Community  Networks or its  successors
or assigns by the Proposed Purchaser to purchase such Common Stock.

                                       -3-

<PAGE>

     3.1.3.  Notice. If m3 or its successors or assigns wishes to participate in
the  transfer  it shall  provide  written  notice  (the  "Tag-Along  Notice") to
Community  Networks  or its  successors  or  assigns no less than seven (7) days
prior to the Transfer Date;  provided that Community  Networks or its successors
or assigns  shall use its best efforts to deliver the  Transfer  Notice at least
thirty  (30) days prior to the  Transfer  Date and in no event  shall  Community
Networks or its  successors or assigns  provide such Transfer  Notice later than
fifteen (15) business  days prior to the Transfer  Date.  The  Tag-Along  Notice
shall set forth the  number  of  shares of Stock  that m3 or its  successors  or
assigns  elects to include in the transfer,  which shall not exceed the Transfer
Allotment.  The Tag-Along Notices given by m3 or its successors or assigns shall
constitute a binding  agreement to sell such shares on the terms and  conditions
applicable to the transfer.

     3.1.4.  Non  Participation.  If a  Tag-Along  Notice  is  not  received  by
Community Networks prior to the seven (7) day period specified above,  Community
Networks or its  successors or assigns shall have the right to sell or otherwise
transfer the Stock  specified in the Transfer  Notice to the Proposed  Purchaser
without any participation by m3 or its successors or assigns,  but only on terms
and  conditions  with  respect  to the  consideration  offered  by the  Proposed
Purchaser  and other  material  terms a reasonable  investor  would  consider in
making its  decision  to invest,  which are no more  favorable  in any  material
respect to Community Networks or its successors or assigns than as stated in the
Transfer  Notice,  and only if such transfer  occurs on a date within sixty (60)
days of the Transfer Date.

     3.1.5.  Representations.  M3 or its  successors  and assigns  shall only be
obligated  to make  representations  as to (A) good  title and the  absence of a
Security Interest against m3's stock, (B) the validity and binding effect of any
agreements entered into by m3 in connection with such transfer.

     3.1.6.  Exceptions.  The  provisions of this Section 3 shall not apply to a
transfer by  Community  Networks to an affiliate or  subsidiary  corporation  of
Community Networks.

     3.2. Right of First Offer.

     3.2.1.  General.  Subject  to the terms and  conditions  specified  in this
Section 3.2.,  Community  Networks and the Company hereby grant to m3 a right of
first offer with respect to any new  issuances or future sales by the Company of
the  Company's  Common  Stock.  Each  time the  Company  proposes  to offer  (A)
additional  Common  Stock in the  Company,  (B)  rights,  options or warrants to
purchase Common Stock in the Company,  or (C) securities  convertible  into such
Common Stock in the Company (the "New Offering"),  the Company shall first offer
to m3 the  option  of  purchasing,  at a  maximum,  such  percentage  of the New
Offering which equals m3's current  proportionate  share of the Company's  total
Common Stock (the  "Purchase  Allotment")  at the time of the  proposed  sale in
accordance with the following provisions.

     3.2.2.  Notice.  The Company shall provide a written  notice (the "Offering
Notice") of the New Offering to m3 stating (A) the Company's bona fide intention
to offer such Common  Stock,  (B) the amount of the Common Stock being  offered,
and (C) the price and terms upon which it proposes to offer such Common Stock in
the Company.

                                       -4-

<PAGE>

     3.2.3. Election to Purchase.  Within twenty (20) days following the date of
the Offering  Notice (the "Election  Period"),  m3 may elect to purchase  Common
Stock in the New Offering, but in no event shall such amount be greater than the
Purchase Allotment.

     3.2.4.  Transfer  of  Proposed  Purchaser.  At any time after the  Offering
Notice is given,  the  Company  may offer for sale the  Common  Stock of the New
Offering  less the  amount of (A) the  amount m3 elects to  purchase  or (B) the
Purchase Allotment,  and, if the Common Stock referred to in the Offering Notice
is not elected to be purchased as provided in Section  3.2.3.,  the Company may,
during the ninety  (90) day period  following  the  expiration  of the  Election
Period, offer for sale the remaining unsubscribed portion of the New Offering to
any Person at a price not less than,  and upon  terms no more  favorable  to the
offeree than those  specified in the  Offering  Notice.  If the Company does not
consummate the sale of the New Offering  within such period,  the right provided
hereunder  shall be deemed to be revived  and such  shares  shall not be offered
unless first reoffered to m3 in accordance with this section.

     3.2.5.  Exceptions.  The right of first offer in this Section 3.2 shall not
be applicable  (A) to the issuance of securities in connection  with a strategic
acquisition  by the  Company  involving  the  assumption  of  control of another
company,  whether by merger,  consolidation,  sale of  substantially  all of its
assets,  sale or  exchange  of  stock  or  otherwise,  (B) to any  affiliate  or
shareholder of m3 or any transferee receiving shares of Stock from m3 so long as
such person executes a copy of this Agreement, or (C) the issuance of any equity
security or the grant of any option warrant or other right to acquire any equity
security to any  employee,  officer,  or director of the Company so long as such
issuance or grant is at market value on the date of such issuance or grant.

SECTION 4. OBLIGATIONS UNDER PUBLIC OFFERING

     In the event the Company files, under the Securities  Exchange Act of 1933,
a public offering  covering the registration of shares of Common Stock valued in
excess of two million dollars ($2,000,000),  the Stockholders covenant and agree
as follows:

     4.1. Lock-Up Period. The Stockholders shall not, to the extent requested by
the underwriter of the Company,  sell or otherwise transfer or dispose of any of
its Stock,  to the extent any of such shares are  included  in the  registration
statement,  during  the one  hundred  eighty  (180)  day  period  following  the
effective  date  of a  registration  statement;  provided,  however,  that  such
agreement  shall be applicable (i) only to the first  registration  statement of
the  Company  that  covers  shares to be sold on its behalf to the public in the
underwritten  offering,  and (ii) only a  Stockholder  holding in excess of more
than five percent (5%) of the outstanding shares of Common Stock.

SECTION 5. ELECTION OF DIRECTORS

     The Company,  Community Networks,  and all other Stockholders agree to vote
for m3's nominee as a director on the Company's Board of Directors. M3 agrees to
vote for Community Networks' nominees as directors of the Company.

                                       -5-

<PAGE>

SECTION 6. ENDORSEMENT ON STOCK CERTIFICATE

     Upon the execution of this  Agreement,  the  certificate  representing  the
Stock subject hereto and certificates  representing  Stock hereafter acquired by
any  Stockholder or transferee  receiving  shares of the Stock shall be endorsed
with a legend in substantially the following form:

     "The transfer of shares represented by this certificate is restricted under
     the terms of an Agreement  dated June ___, 2000, a copy of which is on file
     at the principal  office of Tech Labs Community  Networks of the Southeast,
     Inc."

SECTION 7. TRANSFEREES

     7.1.  Restrictions on Successors.  Any transferee receiving Stock permitted
by this Agreement shall automatically be deemed to be a party to this Agreement,
without the execution of any additional  instruments,  and shall be bound by the
terms and  conditions of this Agreement as if such  transferee  were an original
party hereto.

     7.2. Consent to Assignment.  Notwithstanding  Section 8.1 hereof,  prior to
transferring  any Stock to any person or entity,  the  transferring  Stockholder
shall cause the prospective transferee to execute and deliver to the Company and
other Stockholders a counterpart of this Agreement.

SECTION 8. INSPECTION RIGHTS; CONFIDENTIALITY

     8.1. Financial Statements.  At the request of any Stockholder,  the Company
shall deliver,  within ten (10) days, the following financial  statements of the
Company:

     8.1.1. At any time after ninety (90) days after the end of each fiscal year
of the Company, a statement of operations,  a balance sheet of the Company as of
the end of such fiscal year, and changes in financial  position,  which year-end
financial reports shall be audited and certified by independent certified public
accountants selected by the Company.

     8.1.2.  At any time after  fifteen (15) days after the end of each calendar
quarter,  an unaudited  statement of operations for such calendar  quarter and a
balance sheet as of the end of such calendar quarter.

     8.2.  Inspection  Rights.  The  Company  shall  permit  any  representative
designated by any Stockholder, upon reasonable notice and during normal business
hours, to examine the corporate books and records of the Company.

     8.3.   Confidentiality.   Each   Stockholder   agrees   that   it  and  its
representative  will at all times keep  confidential  and will not  disclose  or
divulge,  or use for any purpose  other than to evaluate its  investment  in the
Company,  any information  which Stockholder or its  representative  may examine
pursuant to the Company's  obligations to submit financial  statements and allow
review of its  corporate  records,  except to the extent (i)  disclosure of such
information is required by law or (ii) the  information  becomes  publicly known
other than through the actions or inactions of such

                                       -6-

<PAGE>

Stockholders.  In the event that any  Stockholder is required by law to disclose
any confidential  information of the Company,  such  Stockholder  shall promptly
notify the Company in writing,  which  notification  shall include the nature of
the legal  requirement  and the  extent of the  required  disclosure,  and shall
cooperate with the Company to preserve the  confidentiality  of such information
consistent with applicable law.

SECTION 9. MISCELLANEOUS

     9.1.  No Third Party  Beneficiaries.  This  Agreement  shall not confer any
rights or remedies  upon any Person other than the Parties and their  respective
successors and permitted transferees and assigns.

     9.2.  Governing  Law.  This  Agreement  shall be construed  and enforced in
accordance  with,  and governed by, the laws of the State of New Jersey  without
giving effect to the principles of the conflict of laws thereof.

     9.3.  Submission to Jurisdiction;  Venue. Any action or proceeding  against
any Party hereto with respect to this  Agreement  shall be brought in the courts
of the State of New Jersey or of the United  States of America for the  District
of New Jersey,  and, by  execution  and delivery of this  Agreement,  each Party
hereto  hereby  irrevocably  accepts for itself and in respect of its  property,
generally and  unconditionally,  the jurisdiction of the aforesaid courts.  Each
Party   hereto   irrevocably   consents   to  the  service  of  process  at  the
aforementioned  courts in any such action or proceeding by the mailing of copies
thereof by registered or certified mail,  postage prepaid,  to such Party at its
address set forth in Section  10.8,  such  service to become  effective  30 days
after such mailing. Nothing herein shall affect the right of any Party hereto to
serve  process on any other Party hereto in any other  manner  permitted by law.
Each Party  hereto  irrevocably  waives any  objection  which it may now have or
hereafter  have to the  laying  of  venue  of any of the  aforesaid  actions  or
proceedings  arising out of or in connection with this Agreement  brought in the
court referred to above and hereby further  irrevocably waives and agrees not to
plead or claim in any such court that any such action or  proceeding  brought in
any such court has been brought in an inconvenient forum.

     9.4.  Headings.  The section  headings  contained in this Agreement are for
reference purposes only and shall not affect the construction and interpretation
of this Agreement.

     9.5. Severability. The invalidity of all or any part of any section of this
Agreement  shall not  render  invalid  the  remainder  of such  section.  If any
provision of this Agreement is so broad as to be  unenforceable,  such provision
shall be interpreted to be only so broad as is enforceable.

     9.6.  Counterparts.   This  Agreement  may  be  executed  in  two  or  more
counterparts,  each of which shall be deemed an original  but all of which shall
constitute one and the same instrument. This Agreement may contain more than one
counterpart  of the  signature  page and may be executed by the  affixing of the
signatures of each of the Parties to one of these  counterpart  signature pages.
All of the  counterpart  signature  pages shall be read as though one,  and they
shall have the same force and effect as though all of the  signers  had signed a
single signature page.

                                       -7-

<PAGE>

     9.7.  Notice.  All notices  required or agreed to be given hereunder by any
party shall be in writing,  given by a party or any attorney for a party hereto,
delivered by hand, sent by facsimile, or sent by registered or certified mail or
by delivery  service  providing  evidence of  delivery,  addressed  to the party
intended to be notified at the addresses of the respective  parties  hereinafter
set forth,  or at such other address as notice  thereof shall have been given in
accordance  with the  provisions  of this  Section  10.8.  Any such notice shall
become effective (a) when mailed,  three (3) days after having been deposited in
the mails,  postage prepaid,  and (b) in the case of delivery by hand, facsimile
or delivery service,  upon delivery.  Facsimile notices shall only be given to a
party who has by notice provided a fax number to be used for this purpose.  Such
number may be changed or canceled by notice  without  providing any  alternative
facsimile number.

     To the Company or Community Networks:

          Tech Laboratories, Inc.
          955 Belmont Avenue
          North Haledon, New Jersey 07508
          Attn:  Mr. Bernard Ciongoli
          Fax:  (973) 427-5455

     With a Copy to:

          Stursberg & Veith
          405 Lexington Avenue
          Suite 4949
          New York, New York  10174-4902
          Attn:  Walter Stursberg, Esq.
          Fax:  (212) 922-0995

     To m3:

          m3communications, Inc.
          2000 Main Street, Suite 501
          Ft. Myers, Florida 33901-3043
          Attn:  Mr. Terry Nelson
          Fax:  (941) 334-0992

     With a Copy to:

          Holland & Knight
          400 North Ashley Drive
          Suite 2300
          [P.O. Box 1288 (Zip 33601-1288)]
          Tampa, Florida 33602-4300
          Attn:  Patrick Meehan, Esq.
          Fax:  (813) 229-0134

                                       -8-

<PAGE>

     9.8.  Termination.  This Agreement  shall  terminate and the Stock shall be
released from the terms of this  Agreement  upon the occurrence of either of the
following:

          (i) Written agreement of all the Stockholders; or

          (ii) Upon the effective date of any registration by the Company of any
     shares  of its  Common  Stock  under  the  Securities  Act of  1933  or the
     Securities  Exchange Act of 1934,  provided that such  registration  covers
     shares  of  Common   Stock   valued  in  excess  of  two  million   dollars
     ($2,000,000).

     Upon the  termination of this  Agreement for any of the foregoing  reasons,
the Stock held by each Stockholder shall be surrendered to the Company,  and the
Company shall issue new certificates for the same number of shares,  but without
the restrictive legend required herein.

     9.9.  Default.  If any  Stockholder or his personal  representative  should
fail,  neglect  or refuse to offer or to sell any  Stock to the  Company  or the
other  Stockholders or to deliver any  certificate,  or stock transfer power, to
the Company or the other  Stockholders as required herein,  then so long as such
default continues,  such Stockholder or his representative,  as the case may be,
shall  not have  any  voting  power or be  entitled  to any  dividends  or other
distributions with respect to the Company.

     9.10.  Entire  Agreement.  This  Agreement  (including  the attached  Asset
Purchase  Agreement and all of its exhibits and  schedules),  contain the entire
agreement of the Parties.  The Parties are not bound by any oral statements that
are made  outside of this  Agreement.  This  Agreement  may not be  modified  or
altered except by written instrument duly executed by the parties.

     WHEREFORE,  the Parties have executed  this  Agreement as of the date above
written.

M3COMMUNICATIONS, INC.                 TECH LABORATORIES COMMUNITY
                                       NETWORKS, INC.

By:/s/ Paul Hansen                     By: /s/ Bernard M. Ciongoli
   -------------------------------         ---------------------------------
      Paul Hansen                          Bernard M. Ciongoli
      President                            President

                                       TECH LABS COMMUNITY NETWORKS
                                       OF THE SOUTHEAST, INC.

                                       By: /s/ Bernard M. Ciongoli
                                           ---------------------------------
                                           Bernard M. Ciongoli
                                           President

                                       -9-

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00017-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00017-of-00352.parquet"}]]