Document:

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                                                                     Exhibit 4.1

                            2002 STOCK OWNERSHIP PLAN

                                SECTION 1 PURPOSE

     The purpose of this plan is to help The Netplex Group, Inc. (the "Company")
attract and retain outstanding employees, and to promote the growth and success
of the Company's business by aligning the financial interests of employees with
the other stockholders of the Company. It has been the policy of the Company to
encourage employee participation as stockholders and the Company believes that
employee stock ownership is an important factor contributing to the Company's
growth and progress.

                              SECTION 2 DEFINITIONS

     (a)  "Award" shall mean an Incentive Stock Option, Nonqualified Stock
          Option, Stock Appreciation Right, Restricted Stock or other Stock
          Award granted to a Participant pursuant to this 2002 Plan, subject to
          the terms, conditions, and restrictions of this 2002 Plan and to such
          other terms, conditions, and restrictions as may be established by the
          Committee.

     (b)  "Board of Directors" shall mean the Board of Directors of The Netplex
          Group, Inc.

     (c)  "Code" shall mean the Internal Revenue Code of 1986, as it may be
          amended from time to time.

     (d)  "Committee" shall mean the Compensation Committee established by the
          Board of Directors acting without the participation of any member who
          may have received a grant or award under the 2002 Plan or any other
          similar plan or program of the Company (except those limited to
          participation by directors) during the previous one-year period, or
          such other committee of disinterested administrators established by
          the Board of Directors to comply with Rule 16b-3 promulgated by the
          Securities and Exchange Commission, as amended from time to time.

     (e)  "Common Stock" shall mean the common stock, with a par value of $0.001
          per share, of The Netplex Group, Inc.

     (f)  "Company" shall mean The Netplex Group, Inc. and such subsidiaries or
          affiliates as may be designated by the Board of Directors from time to
          time.

     (g)  "Conditions" shall mean the condition that the Restricted Period
          stipulated by the Committee at the time of grants of Restricted Stock
          shall have expired or terminated and that any other conditions
          prescribed by the Committee regarding a Participant's continued
          employment by the Company or the Company's performance during the
          Restricted Period shall have been satisfied, or any other conditions
          stipulated by the Committee with respect to Stock Awards.

     (h)  "Disqualifying Termination" shall mean a termination of a
          Participant's employment with the Company (i) due to a violation of
          any Company policy, including, without limitation, any policy
          contained in the Company's Business Policy Manual, (ii) due to
          embezzlement from or theft of property belonging to the Company, or
          (iii) while the Participant deemed to provide an unsatisfactory level
          of contribution to the Company.

     (i)  "Dividend Equivalents" shall mean that sum of cash or Common Stock of
          equivalent value equal to the amount of cash or stock dividends paid
          upon Common Stock subject to any Awards under the 2002 Plan, prior to
          such time as the Participant otherwise becomes entitled thereto as a
          holder of record.

     (j)  "Fair Market Value" shall mean the closing price on the stock exchange
          on which the

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          Company is listed on the day immediately preceding the date the award
          is granted.

     (k)  "Grant Date" shall mean the effective date of an Award granted to a
          Participant under the 2002 Plan.

     (l)  "Incentive Stock Option" shall mean an Option granted to a Participant
          under the 2002 Plan which satisfies the requirements of section 422 of
          the Code and is so designated in the written or electronic documents
          evidencing such Option.

     (m)  "Nonqualified Stock Option" shall mean an Option granted to a
          Participant under the 2002 Plan which is not an Incentive Stock
          Option.

     (n)  "Option" shall mean a Participant's right to purchase the number of
          shares of Common Stock designated in the Agreement, subject to the
          terms and conditions of the 2002 Plan, and the term shall include both
          Incentive Stock Options and Nonqualified Options.

     (o)  "Participant" shall mean any employee of the Company who is designated
          as a Participant by the Committee.

     (p)  "2002 Plan" shall mean the Company's 2002 Stock Ownership Plan.

     (q)  "Restricted Period" shall mean that period of time determined by the
          Committee during which a Participant shall not be permitted to sell or
          transfer shares of Restricted Stock granted under the 2002 Plan.

     (r)  "Restricted Stock" shall mean that Common Stock granted to a
          Participant subject to the Conditions established by the Committee.

     (s)  "Retires" or "Retirement" shall mean the termination of a
          Participant's employment with the Company after meeting the
          requirements for retirement under the Company's established policy.

     (t)  "Stock Appreciation Right" shall mean a Participant's right to receive
          an amount of cash or shares of Common Stock equal to the excess of the
          Fair Market Value of a specified number of shares of Common Stock on
          the date the right is exercised over the Fair Market Value of such
          number of shares of Common Stock on the Grant Date.

     (u)  "Stock Award" shall mean any award of Common Stock under the Plan and
          may include Restricted Stock awards or other awards of Common Stock as
          determined appropriate by the Committee.

                      SECTION 3 SHARES AVAILABLE FOR AWARDS

     The number of shares of Common Stock that may be issued or delivered as a
result of Options, Restricted Stock or other Stock Awards granted during the
term of the 2002 Plan, or made subject to Stock Appreciation Rights granted
during the term of the 2002 Plan, is 6,000,000. The necessary shares shall be
made available at the discretion of the Board of Directors from authorized but
unissued shares, treasury shares, or shares reacquired by the Company under
corporate repurchase programs. For the purpose of determining the number of
shares issued or delivered under the 2002 Plan, no shares shall be deemed issued
or delivered in connection with an Option granted hereunder unless and until
such Option is exercised and shares delivered to the Participant. The payment of
stock dividends and dividend equivalents, if any, settled in Common Stock in
conjunction with outstanding Awards shall not be counted against the shares
available for issuance. Shares of Common Stock tendered to or withheld by the
Company in connection with the

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exercise of options, or the payment of tax withholding on any award, granted
under this 2002 Plan or its predecessors shall be returned to the shares
available for future Awards under the 2002 Plan.

                            SECTION 4 ADMINISTRATION

     The 2002 Plan shall be administered by the Committee, which shall have full
power and authority to select the Participants, interpret the Plan, continue,
accelerate, or suspend the exercisability or vesting of an Award, and adopt such
rules and procedures for operating the Plan as it may deem necessary or
appropriate. Its power and authority shall include, but not be limited to,
making any amendments to or modifications of the 2002 Plan which may be required
or necessary to make such Plan comply with the provisions of any laws or
regulations in which the Company operates. Subject to the provisions of the 2002
Plan, any action taken or determination made by the Committee pursuant to this
and the other paragraphs of the Plan shall be conclusive on all parties.

                        SECTION 5 DELEGATION OF AUTHORITY

     To the extent permitted by law, the Committee may delegate to officers of
the Company any or all of its duties, power, and authority under the 2002 Plan
subject to such conditions or limitations as the Committee may establish;
provided, however, that no officer shall have or obtain the authority to grant
Awards to (i) himself or herself, or (ii) any person subject to section 16 of
the Securities Exchange Act of 1934.

                            SECTION 6 TERMS OF AWARDS

     The Committee shall determine the type or types of Awards to be granted to
each Participant, which shall be evidenced by such written or electronic
documents as the Committee shall authorize. The following types of Awards may be
granted under this 2002 Plan:

     (a) Incentive Stock Options - Incentive Stock Options granted hereunder
shall have a purchase price equal to one hundred percent (100%) of the Fair
Market Value of a share of Common Stock on the Grant Date. Incentive Stock
Options granted hereunder shall become exercisable at such time as shall be
established by the Committee and reflected in the documents evidencing such
Options, and unless sooner terminated shall expire on the tenth anniversary of
the Grant Date.

     (b) Nonqualified Stock Options - Nonqualified Stock Options granted
hereunder shall have a purchase price equal to no less than one hundred percent
(100%) of the Fair Market Value of a share of Common Stock on the Grant Date.
Nonqualified Stock Options granted hereunder shall become exercisable and shall
expire at such time or times as shall be established by the Committee and
reflected in the documents evidencing such Options; provided, however, that no
Nonqualified Stock Option shall expire later than ten years after the Grant Date
(unless extended by the Committee).

     (c) Stock Appreciation Rights - The term of a Stock Appreciation Right
shall be fixed by the Committee and set forth in the documents evidencing such
right, but no Stock Appreciation Right shall be exercisable more than ten years
after the Grant Date. Each Stock Appreciation Right shall become exercisable at
the time or times determined by the Committee and set forth in the documents
evidencing such right.

     (d)Restricted Stock - At the time a grant of Restricted Stock is made, the
Committee, in its sole discretion, shall establish a Restricted Period and such
additional Conditions as may be deemed appropriate for the incremental lapse or
complete lapse of restrictions with respect to all or any portion of the shares
of Common Stock represented by the Restricted Stock. The Committee may also, in
its sole discretion, shorten or terminate the Restricted Period or waive any
Conditions with respect to all or any portion of the shares of Common Stock
represented by the Restricted Stock. A stock certificate for the number of
shares of Common Stock represented by the Restricted Stock

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shall be registered in the Participant's name but shall be held in custody by
the Company for the Participant's account. The Participant shall generally have
the rights and privileges of a stockholder as to such Restricted Stock,
including the right to vote such Restricted Stock, except that the following
restrictions shall apply: (i) the Participant shall not be entitled to delivery
of the certificate until the expiration or termination of the Restricted Period
and the satisfaction of any other Conditions prescribed by the Committee, if
any; (ii) none of the Restricted Stock may be sold, transferred, assigned,
pledged, or otherwise encumbered or disposed of during the Restricted Period and
until the satisfaction of other Conditions prescribed by the Committee, if any;
and (iii) all of the Restricted Stock shall be forfeited and all rights of the
Participant shall terminate without further obligation on the part of the
Company unless the Participant shall have remained a regular full-time employee
of the Company or any of its subsidiaries or affiliates until the expiration or
termination of the Restricted Period and the satisfaction of the other
Conditions prescribed by the Committee, if any. During the Restricted Period, at
the sole discretion of the Committee, Dividend Equivalents, if any, may be
either currently paid or withheld by the Company for the Participant's account,
and interest may be paid on the amount of cash dividends withheld at a rate and
under such terms as determined by the Committee. Cash or stock dividends so
withheld by the Committee shall not be subject to forfeiture. Upon the
forfeiture of any Restricted Stock, such shares of Common Stock represented by
the Restricted Stock shall be transferred to the Company without further action
by the Participant.

     (e) Other Stock Awards - The Committee may, in its sole discretion, grant
Stock Awards other than Restricted Stock grants, and such Stock Awards may be
granted singly, in combination or in tandem with, in replacement of, or as
alternatives to grants or rights under this Plan or any other employee benefit
or compensation plan of the Company, including the plan of any acquired entity.
If the Committee shall stipulate Conditions with respect to such Stock Awards,
the Conditions will be set forth in documents evidencing the grant. If
Conditions with respect to such Stock Awards shall require the surrender or
forfeiture of other grants or rights under this Plan or any other employee
benefit or compensation plan of the Company, then the Participant shall not have
any rights under such Stock Awards until the grants or rights exchanged have
been fully and effectively surrendered or forfeited.

                         SECTION 7 SETTLEMENT OF AWARDS

     (a) Payment of Awards may be in the form of cash, Common Stock, or
combinations thereof as the Committee shall determine, and with such other
restrictions as it may impose. The Committee may also require or permit
Participants to elect to defer the issuance of shares or the settlement of
Awards in cash under such rules and procedures as it may establish under the
2002 Plan. It may also provide that deferred settlements include the payment or
crediting of interest on the, deferral amounts denominated in cash or the
payment or crediting of Dividend Equivalents, if applicable, on deferred
settlements denominated in shares.

     (b) No shares of Common Stock shall be issued to any Participant upon the
exercise of an Option until full payment of the purchase price has been made to
the Company and the Participant has remitted to the Company the required federal
and state withholding taxes, if any. A Participant shall obtain no rights as a
stockholder until certificates for such stock are issued to the Participant.
Payment of the purchase price or applicable withholding taxes, if any, may be
made in whole, or in part, in shares of Common Stock, pursuant to such terms and
conditions as may be established from time to time by the Committee. If payment
is made in shares of Common Stock, such stock shall be valued at one hundred
percent (100%) of their Fair Market Value on the day the Participant exercised
his or her Option or, as regards a withholding tax, such other date when the tax
withholding obligation becomes due. A Participant need not surrender shares of
Common Stock as payment; and the Company may, upon the giving of satisfactory
evidence of ownership of said Common Stock by Participant, deliver the
appropriate number of additional shares of Common Stock reduced by the number of
shares required to pay the purchase price and any applicable withholding taxes.
Such form of evidence shall be determined by the Committee.

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                    SECTION 8 DELIVERY OF STOCK CERTIFICATES

     (a) Within sixty (60) days after completion of the exercise of an Option or
Stock Appreciation Right, or the complete satisfaction of Conditions applicable
to a Stock Award, the Company will have delivered to the Participant
certificates representing all shares of Common Stock purchased or received
thereunder. The Company shall not, however, be required to issue or deliver any
certificates for its Common Stock prior to the admission of such stock to
listing on any stock exchange on which stock may at that time be listed or
required to be listed, or prior to registration under the Securities Act of
1933. The Participant shall have no interest in Common Stock until certificates
for such stock are issued or transferred to the Participant and the Participant
becomes the holder of record.

     (b) Upon the expiration or termination of the Restricted Period and the
satisfaction of other Conditions prescribed by the Committee, if any, the
restrictions applicable to a grant of Restricted Stock shall lapse and a stock
certificate for the number of shares of Common Stock represented by the
Restricted Stock shall be delivered to the Participant or the Participant's
beneficiary, representative, or estate, as the case may be, free of all
restrictions, except any that may be imposed by law. Unless otherwise instructed
by a Participant by an irrevocable written instruction received by the Company,
at least six months prior to the date that applicable restrictions lapse, the
Company shall automatically withhold as payment the number of shares of Common
Stock, determined by the Fair Market Value at the date of the lapse, required to
pay withholding taxes, if any.

     (c) In no event will the Company be required to deliver any fractional
share of Common Stock in connection with any Award. In the event that a
Participant's shares convert into a quantity other than a whole number of common
shares then the number of common shares will be rounded to the next lowest whole
number.

                            SECTION 9 TAX WITHHOLDING

     Prior to the payment or settlement of any Award, the Participant must pay,
or make arrangements satisfactory to the Company for the payment of, any and all
tax withholding that in the opinion of the Company is required by law, The
Company shall have the right to deduct applicable taxes from any Award payment,
to withhold from the shares of Common Stock being issued or delivered in
connection with an Award an appropriate number of shares for the payment of
taxes required by law, or to take such other action as may be necessary in the
opinion of the Company to satisfy all obligations for the withholding of such
taxes.

                           SECTION 10 TRANSFERABILITY

     Except as permitted in this Section 10, no Award granted under this 2002
Plan may be assigned, transferred (other than a transfer by will or the laws of
descent and distribution as provided in Section 11), pledged, or hypothecated
(whether by operation of law or otherwise). Awards granted under this 2002 Plan
shall not be subject to execution, attachment, or similar process. The Committee
may, in its sole discretion, permit individual Participants to transfer the
ownership of all or any of their Nonqualified Options granted under this 2002
Plan to (i) the spouse, children or grandchildren of such Participant
("Immediate Family Members"), (ii) a trust or trusts for the exclusive benefit
of such Immediate Family Members, or (iii) a partnership in which such Immediate
Family Members are the only partners, provided that (x) there may be no
consideration for any such transfer, and (y) subsequent transfers of transferred
Nonqualified Options shall be prohibited except those in accordance with Section
11 (by will or the laws of descent and distribution). The Committee may, in its
sole discretion, create further conditions and requirements for the transfer of
Nonqualified Options. Following transfer, any such Nonqualified Options shall
continue to be subject to the same terms and conditions as were applicable
immediately prior to transfer, provided that for purposes of Sections 7, 8, and
14 hereof the term "Participant" shall be

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deemed to refer to the transferee. The events causing termination of Awards in
accordance with Section 11 hereof shall continue to be applied with respect to
the original Participant, following which the Nonqualified Options shall be
exercisable by the transferee only to the extent, and for the periods specified
in Section 11.

                        SECTION 11 TERMINATION OF AWARDS

     (a) If a Participant's employment with the Company is terminated for any
reason other than (i) a Disqualifying Termination, (ii) Retirement, (iii) a
physical or mental disability as recognized under a benefit plan maintained by
the Company, or (iv) death, and prior to the date of termination the Participant
has not fully exercised an Option or Stock Appreciation Right granted under this
2002 Plan, such Participant may exercise the Option or Stock Appreciation Right
within ninety (90) days following the date of termination (but not beyond the
expiration date of such Option or Right) for the number of shares which the
Participant could have purchased or received a payment on the date of
termination. At the conclusion of such ninety-day period (with respect to the
Participant's Options and Stock Appreciation Rights, and at the time of
termination with respect to any other Awards), participation hereunder shall
cease and all of the Participant's Awards granted under this 2002 Plan shall be
automatically forfeited unless the documents evidencing such Options or Stock
Appreciation Rights provide otherwise.

     (b) If a Participant Retires or changes employment status as a result of a
physical or mental disability as recognized under a benefit plan maintained by
the Company, without having fully exercised an Option or Stock Appreciation
Right, the Participant shall be entitled, within the remaining term of the
Option or Stock Appreciation Right (but not beyond the expiration date of such
Option or Right), to exercise such Option or Stock Appreciation Right to the
extent then exercisable (or on such accelerated basis as the Committee shall
determine at or after grant). If a Participant who has thus Retired dies,
without having fully exercised an Option or Stock Appreciation Right, the Option
or Stock Appreciation Right as defined above, such residual unexercised options
may be exercised within one year after the date of his or her death (but not
beyond the expiration date of such Option or Right) by the Participant's estate
or by a person who acquired the right to exercise such Option or Stock
Appreciation Right by bequest or inheritance or by reason of the death of the
Participant.

     (c) If a Participant, prior to Retirement, dies without having fully
exercised an Option or Stock Appreciation Right, the Option or Stock
Appreciation Right to the extent then exercisable (or on such accelerated basis
as the Committee shall determine at or after grant) may be exercised within one
year following his or her death (but not beyond the `expiration date of such
Option or Right) by the Participant's estate or by a person who acquired the
right to exercise such Option or Stock Appreciation Right by bequest or
inheritance or by reason of the death of the Participant.

     (d) Notwithstanding paragraph (a) of this section, if a Participant's
employment with the Company is terminated before he or she has fully exercised
an Option or Stock Appreciation Right under circumstances which the Committee
believes to warrant special consideration and the Committee has determined that
the Participant's rights should not be forfeited at the time or times specified
in paragraph (a), the Option or Stock Appreciation Right (including any portion
thereof not already exercisable at the time of termination) may be exercised
within one year following his or her termination of employment (but not beyond
the expiration date of such Option or Right).

     (e) If a Participant dies, either prior to or following Retirement, or
becomes totally disabled because of a physical or mental disability, and has not
yet received the stock certificate for the shares of Common Stock represented by
a grant of Restricted Stock or other Stock Award, then all restrictions imposed
during the Restricted Period and any other Conditions prescribed by the
Committee, if any, shall automatically lapse and a stock certificate shall be
delivered to the Participant or the Participant's beneficiary, representative,
or estate, as the case may be.

     (f) If a Participant's employment with the Company is terminated due to a
Disqualifying

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Termination, participation hereunder shall cease and all of the Participant's
Awards granted under this 2002 Plan shall be automatically forfeited.

                             SECTION 12 ADJUSTMENTS

     In the event of any change in the outstanding Common Stock of the Company
by reason of a stock split, stock dividend, combination or reclassification of
shares, recapitalization, merger or similar event, the Committee shall adjust
proportionately: (a) the number of shares of Common Stock (i) available for
issuance or delivery under the 2002 Plan in accordance with Section 3, (ii) for
which Awards may be granted to a single Participant in accordance with Section
6, and (iii) subject to outstanding Awards granted under the 2002 Plan; (b) the
purchase prices of outstanding Awards; and (c) the appropriate Fair Market Value
and other price determinations for such Awards. In the event of any other change
affecting the Common Stock or any distribution (other than normal cash
dividends) to holders of Common Stock, such adjustments in the number or kind of
shares and the purchase prices, Fair Market Value and other price determinations
of the affected Awards as the Committee shall, in its sole discretion, determine
are equitable, shall be made and shall be effective and binding for all purposes
of such outstanding Awards. In the event of a corporate merger, consolidation,
acquisition of assets or stock, separation, reorganization or liquidation, the
Committee shall be authorized to cause the Company to issue or assume stock
options, whether or not in a transaction to which section 424(a) of the Code
applies, by means of substitution of new stock options for previously issued
stock options or an assumption of previously issued stock options. In such
event, the aggregate number of shares of Common Stock available for issuance or
delivery under the 2002 Plan in accordance with Section 3 will be increased to
reflect such substitution or assumption.

                         SECTION 13 TERM, AMENDMENT, AND
                          TERMINATION OF THE 2002 PLAN

     The 2002 Plan shall become effective on the date it is approved by the
requisite vote of the Board of Directors of The Netplex Group, Inc., and shall
expire (unless it is terminated before then) on the tenth anniversary of such
effective date. Such expiration shall not adversely affect Awards granted under
the 2002 Plan prior to such expiration date. The Board of Directors may at any
time amend or terminate the 2002 Plan, except that no amendment or termination
shall adversely affect Awards granted under the 2002 Plan prior to the effective
date of such amendment or termination. The Board, in its discretion, may require
any Plan amendments to be submitted for approval by the shareholders of the
Company, including, but not limited to, cases in which such approval is deemed
necessary for compliance with Section 162(m) or other requirements of the Code
or with the requirements of Nasdaq or any listing exchange, or to secure
exemption from Section 16(b) of the Securities Exchange Act of 1934.

                            SECTION 14 MISCELLANEOUS

     (a) Unless otherwise specifically determined by the Committee, settlements
of Awards received by Participants under the 2002 Plan shall not be deemed a
part of any Participant's compensation for purposes of determining such
Participant's payments or benefits under any Company benefit plan, severance
program, or severance pay. Nothing in this 2002 Plan shall prevent the Company
from adopting other or additional compensation programs, plans, or arrangements
as it deems appropriate or necessary.

     (b) The 2002 Plan shall be unfunded. The Company does not intend to create
any trust or separate fund in connection with the 2002 Plan. The Company shall
not have any obligation to set aside funds or segregate assets to ensure the
payment of any Award. The 2002 Plan shall not establish any fiduciary
relationship between the Company and any Participant or other person. To the
extent any person holds any rights by virtue of an Award under the 2002 Plan,
such right (unless otherwise determined by the Committee) shall be no greater
than the right of an unsecured general creditor of the Company.

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     (c) No person shall have any claim or right to be granted an Award under
the 2002 Plan, and the Participants shall have no rights against the Company
except as may otherwise be specifically provided herein. Nothing in this 2002
Plan shall be deemed to give any Participant the right to be retained in the
employ of the Company, or to interfere with the right of the Company to
discipline or discharge such Participant at any time for any reason whatsoever.

     (d) The provisions of this 2002 Plan and the documents evidencing Awards
granted under this 2002 Plan shall be construed and interpreted according to the
laws of the State of Virginia.

     (e) In case any provision of this 2002 Plan shall be ruled or declared
invalid for any reason, said illegality or invalidity shall not affect the
remaining provisions, and the remainder of the 2002 Plan shall be construed and
enforced as if such illegal or invalid provision had never been included herein.

     (f) No member of the Board or the Committee, or any officer or employee of
the Company acting on behalf of the Board or the Committee, shall be personally
liable for any action, determination, or interpretation taken or made in good
faith with respect to the Plan, and all members of the Board or the Committee
and each and any officer or employee or the Company acting on their behalf
shall, to the extent permitted by law, be fully indemnified an protected by the
Company in respect of any such action, determination or interpretation.<PAGE>

                                                                    Exhibit 10.1

                            REVOLVING PROMISSORY NOTE

$1,000,000.00                                                       June 1, 2002

ON DEMAND, for value received, the undersigned, NIETPLEX SYSTEMS, INC., a
Virginia corporation ("Maker"), does hereby promise to pay to AMERICAN
COMMERCIAL FINANCE CORPORATION ("Lender"), or order, at its office at 433 South
Main Street, West Hartford, Connecticut 06110, or at such other place as the
holder hereof (including Lender, hereinafter referred to as "Holder") may
designate, the sum of up to One Million ($1,000,000.00) Dollars, together with
interest on the unpaid balance of this Note, beginning as of the date hereof,
before or after maturity or judgment, at the rate of one and three-quarters of
one (1.75%) percentage points per annum above the Prime Rate on a floating
basis, which rate shall be computed and payable monthly in arrears on the basis
of a three hundred sixty (360) day year and actual days elapsed, together with
all taxes levied or assessed on this Note or the debt evidenced hereby against
the Holder, and together with all costs, expenses and attorneys' and other
professional fees actually incurred in any action to collect this Note or to
enforce, preserve, realize or foreclose any mortgage, security agreement or
other agreement securing this Note or to preserve, enforce, protect or sustain
the lien of said mortgage, security agreement or other agreement or in any
litigation or controversy arising from or connected with said mortgage, security
agreement or other agreement or this Note. The term "Prime Rate" as used herein
shall mean the Prime Rate as published from time to time in the "Money Rates"
section of The Wall Street Journal or any successor publication, or in the event
that such rate is no longer published in The Wall Street Journal, a comparable
index or reference selected by the Lender. The Prime Rate may not necessarily be
the lowest or most favorable rate. Any change in the interest rate because of a
change in the Prime Rate shall become effective, without notice or demand, on
the first day of each month immediately following the month in which any change
in the Prime Rate occurs so that the Prime Rate in effect on the last day of any
month shall be the Prime Rate for interest computation purposes for the next
succeeding month.

The principal amount of this Note shall be advanced, at the sole discretion of
Holder, pursuant to a Commercial Revolving Loan, Demand Loan and Security
Agreement between Maker and Lender dated April 27, 2001 (the "CRLDLSA") and,
notwithstanding the demand nature of this Note, is subject in all respects to
the terms and conditions of the CRLDLSA, including, but not limited to, the
repayment terms and the termination date set forth in the CRLDLSA. Advances and
payments on this Note may be evidenced by borrowing certificates, a grid (if
any) attached to this Note or similar certificates or documents, or by an
internal ledger account of Lender which shall set forth, among other things, the
principal amount of any advances and payments therefor. Maker shall pay
interest, principal and all other sums due hereunder ON DEMAND. If demand is not
sooner made, interest shall be paid on the first day of each and every month
commencing on the first of such dates next succeeding the date hereof, and
continuing until the obligations evidenced by this Note are fully and finally
paid. Holder may, in its sole

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discretion, charge any amounts due hereunder to Maker's revolving loan account
maintained with Holder pursuant to the CRLDLSA.

Without in any way limiting the demand nature of the indebtedness due hereunder,
which shall at all times be payable ON DEMAND, Maker agrees that (i) if any
installment of interest, principal or other sum due hereunder is not paid on
demand or when it is otherwise due and payable hereunder, under the CRLDLSA or
under any instrument evidencing any other obligation of Maker to Holder; or (ii)
if Maker or Holder shall terminate the CRLDLSA; or (iii) jf Maker or any
endorser hereof or any guarantor or surety of any obligation of Maker hereunder
shall make an assignment for the benefit of creditors or suffer or permit the
appointment of a receiver for any part of its property or suffer or permit the
filing by or against it of any petition for adjudication, arrangement,
reorganization or the like under any bankruptcy or insolvency law; or (iv) if
Maker or any endorser hereof or any guarantor or surety of any obligation of
Maker hereunder shall be in default (beyond any applicable grace or cure period)
under any other provision of this Note, the CRLDLSA, or any mortgage, security
agreement or any other agreement securing this Note, any other note by Maker to
Holder, or in the payment or performance of any other obligation to Holder, or
in the payment or performance of any other material obligation to any other
person; or (v) if there shall be any material adverse change from the present
condition or affairs (financial or otherwise) of Maker or any of the guarantors
of the obligations of Maker, that in Holder's reasonable opinion impairs its
security or increases its risk; then an event of default shall have occurred
hereunder and, upon the happening of any such event, the entire indebtedness
with accrued interest thereon due under this Note shall, at the option of
Holder, accelerate and become immediately due and payable without notice.
Failure to exercise such option shall not constitute a waiver of the right to
exercise the same in the event of any subsequent default. Upon the occurrence of
such an event of default or demand for payment of any demand indebtedness owing
by Maker to Holder, the interest rate on this Note shall automatically increase
without notice to a floating per annum rate equal to four percentage points
(4.0%) above the rate otherwise in effect hereunder.

In the event of Maker's failure to pay any installment of interest, and/or to
pay any other sum due hereunder or under the CRLDLSA for more than ten (10) days
after the date it is due and payable, without in any way affecting Holder's
right to make demand hereunder or to declare an event of default to have
occurred, a late charge equal to five (5%) percent of such late payment shall be
assessed against Maker and shall be due and payable immediately.

Notwithstanding any provisions of this Note, it is the understanding and
agreement of Maker and Holder (and any guarantors of Maker's liabilities) that
the maximum rate of interest to be paid by Maker (or guarantors of Maker's
liabilities) to Holder shall not exceed the highest or the maximum rate of
interest permissible to be charged by a commercial lender such as Lender to a
commercial borrower such as Maker under the laws of the State of Connecticut.
Any amount paid in excess of such rate shall be considered to have been payments
in reduction of principal.

<PAGE>

Maker hereby gives Holder a lien and right of setoff for all Maker's liabilities
upon and against all the deposits, credits, collateral and property of Maker and
guarantors, now or hereafter in the possession or control of Holder or in
transit to it. Holder may, upon the occurrence of an event of default hereunder
or upon demand for payment of any demand indebtedness owing from Maker to
Holder, apply or set off the same, or any part thereof, to any liability of
Maker even though unmatured.

Notwithstanding the foregoing, if this Note is secured wholly or in part by the
assignment of a life insurance policy or other agreement securing this Note, and
the proceeds therefrom are paid to Holder pursuant to such assignment or other
agreement securing this Note, Holder, at its option, may apply all or part of
such proceeds to the outstanding principal balance of this Note, interest
thereon and other obligations of Maker hereunder in such order as Holder, in its
sole discretion, deems proper.

Failure by Holder to insist upon the strict performance by Maker of any terms
and provisions herein shall not be deemed to be a waiver of any terms and
provisions herein, and Holder shall retain the right thereafter to insist upon
strict performance by Maker of any and all terms and provisions of this Note or
any document securing the repayment of this Note.

MAKER HEREBY WAIVES TRIAL BY JURY IN ANY COURT AND IN ANY SUIT, ACTION OR
PROCEEDING ON ANY MATTER ARISING IN CONNECTION WITH OR IN ANY WAY RELATED TO THE
FINANCING TRANSACTIONS OF WHICH THIS NOTE IS A PART AND/OR THE ENFORCEMENT OF
ANY OF HOLDER'S RIGHTS AND REMEDIES, INCLUDING WITHOUT LIMITATION, TORT CLAIMS.
MAKER ACKNOWLEDGES THAT IT MAKES THIS WAIVER KNOWINGLY, VOLUNTARILY AND WITHOUT
DURESS AND ONLY AFTER CONSIDERATION OF THE RAMIFICATIONS OF THIS WAIVER WITH ITS
ATTORNEYS. MAKER FURTHER ACKNOWLEDGES THAT LENDER HAS NOT AGREED WITH OR
REPRESENTED TO MAKER THAT THE PROVISIONS OF THIS PARAGRAPH WILL NOT BE FULLY
ENFORCED IN ALL INSTANCES.

MAKER AND EACH AND ALL GUARANTORS OF THIS NOTE ACKNOWLEDGE THAT THE LOAN
EVIDENCED BY THIS NOTE IS A COMMERCIAL TRANSACTION AND WAIVES ITS RIGHTS TO
NOTICE AND HEARING UNDER CHAPTER 903a OF THE CONNECTICUT GENERAL STATUTES, OR AS
OTHERWISE ALLOWED BY ANY STATE OR FEDERAL LAW WITH RESPECT TO ANY PREJUDGMENT
REMEDY WHICH HOLDER MAY DESIRE TO USE, AND FURTHER WAIVES ITS RIGHTS TO REQUEST
THAT HOLDER POST A BOND, WITH OR WITHOUT SURETY, TO PROTECT SAID MAKER AGAINST
DAMAGES THAT MAY BE CAUSED BY ANY PREJUDGMENT REMEDY SOUGHT OR OBTAINED BY
HOLDER. Maker further, waives diligence, demand, presentment for payment, notice
of nonpayment, protest and notice of protest, and notice of any renewals or
extensions of this Note, and all rights under any statute of limitations, and
all guarantors agree that the time for payment of this Note may be extended at
Holder's sole discretion, without impairing their liability thereon, and further
consent to

<PAGE>

the release of all or any part of the security for the payment hereof; at the
discretion of Holder, or the release of any party liable for this obligation
without affecting the liability of the other parties hereto. MAKER ACKNOWLEDGES
THAT IT MAKES THIS WAIVER KNOWINGLY, VOLUNTARILY, WITHOUT DURESS AND ONLY AFTER
CONSIDERATION OF THE RAMIFICATIONS OF THIS WAIVER WITH ITS ATTORNEYS. MAKER
FURTHER ACKNOWLEDGES THAT LENDER HAS NOT AGREED WITH OR REPRESENTED TO MAKER
THAT THE PROVISIONS OF THIS PARAGRAPH WILL NOT BE FULLY ENFORCED IN ALL
INSTANCES.

This Note shall be governed by and construed in accordance with the laws of the
State of Connecticut (but not its conflicts of law provisions).

                                            NETPLEX SYSTEMS, INC.

                                            By:
---------------------------                    ---------------------------------
Witness                                        Peter Russo Senior Vice President

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