Document:

Exhibit 10.2 for Royal Finance, Inc.

EXHIBIT 10.2

                          EMPLOYMENT AND FEE AGREEMENT

     THIS AGREEMENT made this 21st day of August, 2001, by and between Royal
Finance, Inc. (hereinafter "CLIENT") with a mailing address of 1481 South
Military Trail, Suite 12, West Palm Beach, Florida 33415 and telephone number
(561) 649-3901 and Richard P. Greene, P.A. (hereinafter "ATTORNEY").

     1. CLIENT retains ATTORNEY to represent CLIENT as Attorney at Law regarding
Corporate/Securities related matters and authorizes and empowers ATTORNEY to do
all things reasonably necessary to complete corporate and securities
transactions with CLIENT'S consent (other than in connection with capital
raising transactions) and agrees to retain attorney for the services rendered on
the following terms and conditions:

     a.   On the basis of the time expended by ATTORNEY, a retainer shall
          consist of 5,000 shares of common stock of Royal Finance, Inc. All
          referenced shares shall be registered pursuant to a Registration
          Statement on Form S-8.

     b.   CLIENT shall also be responsible for costs incurred including, but not
          limited to, long distance phone calls, transcripts, photocopies,
          postage, filing fees, and costs of newspaper publications.  Advanced
          costs that are not expended during the course of the representation
          are to be returned to the client at the conclusion of the
          representation, unless ATTORNEY and CLIENT agree otherwise in writing.

     2. ATTORNEY will render a final statement for services rendered and costs
incurred. If CLIENT disagrees with any charge for fees or costs, CLIENT must
notify ATTORNEY in writing within ten (10) days after the date of mailing.
Otherwise, all charges are agreed by CLIENT to be approved and accepted. All
bills are due when rendered.

     3. CLIENT understands and agrees that ATTORNEY has made no guarantee
regarding the successful outcome or termination of the engagement and all
expressions pertaining thereto are matters of opinion. Should it be necessary to
institute legal proceedings for the collection of any part of the ATTORNEY'S
compensation or costs as set forth above, then CLIENT agrees to pay all court
costs and reasonable attorneys fees with regard to the collection of same.

     IN WITNESS WHEREOF, the parties have executed this Agreement the date first
mentioned above.

ACCEPTED:

Richard P. Greene, P.A.                              Royal Finance, Inc.
By:/s/ Richard P. Greene                        By:  /s/ Martin Bolodian
Richard P. Greene                                    Martin Bolodian, President<PAGE>

      EX-10.38 OTHERDOC
          4
          0004.txt
             ESCROW AGREEMENT

                                           Document is copied.
                                                                       EXHIBIT B

                                ESCROW AGREEMENT

     THIS ESCROW AGREEMENT (this "Agreement") is made as of April 9, 2000, by
and among Aquis Communications Group, Inc., a corporation incorporated under the
laws of Delaware, (the "Company"), Coxton, Limited ("Purchaser"), and Epstein
Becker & Green, P.C., having an address at 250 Park Avenue, New York, NY 10177
(the "Escrow Agent"). Capitalized terms used but not defined herein shall have
the meanings set forth in the Common Stock Purchase Agreement referred to in the
first recital.

     WHEREAS, the Purchaser will from time to time as requested by the Company,
purchase shares of the Company's Common Stock from the Company as set forth in
that certain Common Stock Purchase Agreement (the "Purchase Agreement") dated
the date hereof between the Purchaser and the Company, which will be issued as
per the terms and conditions contained herein and in the Purchase Agreement; and

     WHEREAS, the Company and the Purchaser have requested that the Escrow Agent
hold in escrow and then distribute the initial documents and certain funds which
are conditions precedent to the effectiveness of the Purchase Agreement, and
have further requested that upon each exercise of a Draw Down, the Escrow Agent
hold the re1evant documents and the applicable purchase price pending receipt by
Purchaser of certificates representing the securities issuable upon such Draw
Down;

     NOW, THEREFORE, in consideration of the covenants and mutual promises
contained herein and other good and valuable consideration, the receipt and
legal sufficiency of which are hereby acknowledged and intending to be legally
bound hereby, the parties agree as follows:

                                    ARTICLE 1
                   TERMS OF THE ESCROW FOR THE INITIAL CLOSING

     1.1. The parties hereby agree to establish an escrow account with the
Escrow Agent whereby the Escrow Agent shall hold the funds and documents which
are referenced in Section 5.2 of the Purchase Agreement.

     1.2. At the Closing, the Company shall deliver to the Escrow Agent:

               (i)   the original executed Registration Rights Agreement in the
                     form of Exhibit A to the Purchase Agreement;

               (ii)  the original executed opinion of Buchanan Ingersoll
                     Professional Corporation, in the form of Exhibit C to
                     Purchase Agreement;

<PAGE>

               (iii) the sum of $35,000 as payment of the non-accountable
                     expenses of Ladenburg Thalmann;

               (iv)  the sum of $20,000 as payment of the fees and expenses of
                     Purchaser's counsel;

               (v)   the original executed Company counterpart of this Escrow
                     Agreement;

               (vi)  the original executed Company counterpart of the Purchase
                     Agreement; and

               (vii) a warrant certificate to purchase a number of shares of the
                     Company's Common Stock as shall equal Six Hundred Thousand
                     Dollars ($600,000) divided by the closing bid price of the
                     Company's Common Stock on the Trading Day prior to the
                     Closing Date at an exercise price equal to 115% of the
                     closing bid price of the Company's Common Stock on the
                     Trading Day prior to the Closing Date (the "LT Warrant")
                     and a warrant certificate to purchase a number of shares of
                     the Company's Common Stock as shall equal One Million Two
                     Hundred Thousand Dollars ($1,200,000) divided by the
                     closing bid price of the Company's Common Stock on the
                     Trading Day prior to the Closing Date at an exercise price
                     equal to 115% of the closing bid price of the Company's
                     Common Stock on the Trading Day prior to the Closing Date
                     (the "Purchaser's Warrant").

     1.3. Upon receipt of the foregoing, and receipt of executed counterparts
from Purchaser of the Purchase Agreement, the Registration Rights Agreement and
this Escrow Agreement, the Escrow Agent shall immediately transfer the sum of
Twenty Thousand Dollars ($20,000) to Epstein Becker & Green, P.C. ("EB&G"), 250
Park Avenue, New York, New York 10177 for the Purchaser's legal, administrative
and escrow costs, the sum of Thirty-Five Thousand Dollars ($35,000), as a
non-accountable expense allowance, to Ladenburg Thalmann & Co., Inc. and the LT
Warrant and the Escrow Agent shall then arrange to have the Purchase Agreement,
this Escrow Agreement, the Registration Rights Agreement, the Purchaser's
Warrant and the opinion of counsel delivered to the appropriate parties.

                                    ARTICLE 2
                     TERMS OF THE ESCROW FOR EACH DRAW DOWN

     2.1. Each time the Company shall send a Draw Down Notice to the Purchaser
as provided in the Purchase Agreement, it shall send a copy, by facsimile, to
the Escrow Agent.

     2.2. Each time the Purchaser shall purchase Shares pursuant to a Draw Down,
the Purchaser shall send the applicable purchase price of the Draw Down Shares
to the Escrow Agent, which shall advise the Company in writing that it has
received the purchase price for such

                                        2

<PAGE>

Draw Down Shares. The Company shall promptly, but no later than three (3)
Trading Days after receipt of such funding notice from the Escrow Agent, cause
its transfer agent to issue the Draw Down Shares to the Purchaser via DTC
deposit to the account specified by the Purchaser from time to time and, except
as to the first Ten Million Dollars ($10,000,000) of Draw Down Shares, in the
aggregate, purchased under the Purchase Agreement, the Company shall deliver to
the Escrow Agent a warrant certificate for an amount of the Company's Common
Stock equal to six percent (6%) of the purchase price of the Draw Down Shares
divided by the closing bid price on the Trading Day prior to the applicable
Closing Date, at an exercise price equal to 115% of the closing bid price of the
Company's Common Stock on the Trading Day prior to the applicable Closing Date
issued to Ladenburg Thalmann & Co., Inc. (the "Additional LT Warrant"). Upon
receipt of written confirmation from the transfer agent or from the Purchaser
that such Draw Down Shares have been so deposited and the Additional LT Warrant
has been delivered, the Escrow Agent shall within one (1) Trading Day wire 94%
of the purchase price per the written instructions of the Company, net of One
Thousand Five Hundred Dollars ($1,500) as escrow expenses to the Escrow Agent,
and the remaining 6% of the purchase price as directed by Ladenburg Thalmann &
Co., Inc.

                                    ARTICLE 3
                                  MISCELLANEOUS

     3.1. No waiver or any breach of any covenant or provision herein contained
shall be deemed a waiver of any preceding or succeeding breach thereof, or of
any other covenant or provision herein contained. No extension of time for
performance of any obligation or act shall be deemed an extension of the time
for performance of any other obligation or act.

     3.2. All notices or other communications required or permitted hereunder
shall be in writing, and shall be sent by fax, overnight courier, registered or
certified mail, postage prepaid, return receipt requested, and shall be deemed
received upon receipt thereof, as set forth in the Purchase Agreement.

     3.3. This Escrow Agreement shall be binding upon and shall inure to the
benefit of the permitted successors and permitted assigns of the parties hereto.

     3.4. This Escrow Agreement is the final expression of, and contains the
entire agreement between, the parties with respect to the subject matter hereof
and supersedes all prior understandings with respect thereto. This Escrow
Agreement may not be modified, changed, supplemented or terminated, nor may any
obligations hereunder be waived, except by written instrument signed by the
parties to be charged or by their respective agents duly authorized in writing
or as otherwise expressly permitted herein.

     3.5. Whenever required by the context of this Escrow Agreement, the
singular shall include the plural and masculine shall include the feminine. This
Escrow Agreement shall not be construed as if it had been prepared by one of the
parties, but rather as if both parties had prepared the same. Unless otherwise
indicated, all references to Articles are to this Escrow Agreement.

     3.6. The parties hereto expressly agree that this Escrow Agreement shall be

                                        3
<PAGE>

governed by, interpreted under and construed and enforced in accordance with the
laws of the State of New York. Except as expressly set forth herein, any action
to enforce, arising out of, or relating in any way to, any provisions of this
Escrow Agreement shall brought in the Federal or state courts of New York, New
York as is more fully set forth in the Purchase Agreement.

     3.7. The Escrow Agent's duties hereunder may be altered, amended, modified
or revoked only by a writing signed by the Company, Purchaser and the Escrow
Agent.

     3.8. The Escrow Agent shall be obligated only for the performance of such
duties as are specifically set forth herein and may rely and shall be protected
in relying or refraining from acting on any instrument reasonably believed by
the Escrow Agent to be genuine and to have been signed or presented by the
proper party or parties. The Escrow Agent shall not be personally liable for any
act the Escrow Agent may do or omit to do hereunder as the Escrow Agent while
acting in good faith, excepting only its own gross negligence or willful
misconduct, and any act done or omitted by the Escrow Agent pursuant to the
advice of the Escrow Agent's attorneys-at-law (other than Escrow Agent itself)
shall be conclusive evidence of such good faith.

     3.9. The Escrow Agent is hereby expressly authorized to disregard any and
all warnings given by any of the parties hereto or by any other person or
corporation, excepting only orders or process of courts of law and is hereby
expressly authorized to comply with and obey orders, judgments or decrees of any
court. In case the Escrow Agent obeys or complies with any such order, judgment
or decree, the Escrow Agent shall not be liable to any of the parties hereto or
to any other person, firm or corporation by reason of such decree being
subsequently reversed, modified, annulled, set aside, vacated or found to have
been entered without jurisdiction.

     3.10. The Escrow Agent shall not be liable in any respect on account of the
identity, authorization or rights of the parties executing or delivering or
purporting to execute or deliver the Purchase Agreement or any documents or
papers deposited or called for thereunder or hereunder.

     3.11. The Escrow Agent shall be entitled to employ such legal counsel and
other experts as the Escrow Agent may deem necessary properly to advise the
Escrow Agent in connection with the Escrow Agent's duties hereunder, may rely
upon the advice of such counsel, and may pay such counsel reasonable
compensation therefor. The Escrow Agent has acted as legal counsel for the
Purchaser, and may continue to act as legal counsel for the Purchaser, from time
to time, notwithstanding its duties as the Escrow Agent hereunder. The Company
consents to the Escrow Agent in such capacity as legal counsel for the Purchaser
and waives any claim that such representation represents a conflict of interest
on the part of the Escrow Agent. The Company understands that the Purchaser and
the Escrow Agent are relying explicitly on the foregoing provision in entering
into this Escrow Agreement.

     3.12. The Escrow Agent's responsibilities as escrow agent hereunder shall
terminate if the Escrow Agent shall resign by written notice to the Company and
the Purchaser. In the event of any such resignation, the Purchaser and the
Company shall appoint a successor Escrow Agent.

                                        4

<PAGE>

     3.13. If the Escrow Agent reasonably requires other or further instruments
in connection with this Escrow Agreement or obligations in respect hereto, the
necessary parties hereto shall join in furnishing such instruments.

     3.14. It is understood and agreed that should any dispute arise with
respect to the delivery and/or ownership or right of possession of the documents
or the escrow funds held by the Escrow Agent hereunder, the Escrow Agent is
authorized and directed in the Escrow Agent's sole discretion (1) to retain in
the Escrow Agent's possession without liability to anyone all or any part of
said documents or the escrow funds until such disputes shall have been settled
either by mutual written agreement of the parties concerned by a final order,
decree or judgment or a court of competent jurisdiction after the time for
appeal has expired and no appeal has been perfected, but the Escrow Agent shall
be under no duty whatsoever to institute or defend any such proceedings or (2)
to deliver the escrow funds and any other property and documents held by the
Escrow Agent hereunder to a state or Federal court having competent subject
matter jurisdiction and located in the State and City of New York in accordance
with the applicable procedure therefor.

                                        5

<PAGE>

     IN WITNESS WHEREOF, the parties hereto have executed this Escrow Agreement
as of the date set forth above.

                                 AQUIS COMMUNICATIONS GROUP, INC.

                                 By:   /s/ D. Brian Plunkett, CFO
                                      ----------------------------------
                                      D. Brian Plunkett, CFO

                                 PURCHASER:

                                 Coxton, Limited

                                 By:
                                      ----------------------------------
                                      Hans Gassner, Authorized Signatory

                                 ESCROW AGENT:

                                 Epstein Becker & Green, P.C.

                                 By:  /s/ Robert F. Charro
                                      ---------------------------------
                                      Robert F. Charro,
                                      Authorized Signatory

                                        6

<PAGE>

     3.15. The Company and the Purchaser agree jointly and severally to
indemnify and hold harmless the Escrow Agent and its partners, employees, agents
and representatives from any and all claims, liabilities, costs or expenses in
any way arising from or relating to the duties or performance of the Escrow
Agent hereunder or the transactions contemplated hereby or by the Purchase
Agreement other than any such claim, liability, cost or expense to the extent
the same shall have been determined by final, unappealable judgment of a court
of competent jurisdiction to have resulted from the gross negligence or willful
misconduct of the Escrow Agent.

     IN WITNESS WHEREOF, the parties hereto have executed this Escrow Agreement
as of the date set forth above.

                                 AQUIS COMMUNICATIONS GROUP, INC.

                                 By:
                                      -----------------------------------
                                      D. Brian Plunkett,
                                      Chief Financial Officer

                                 PURCHASER:

                                 Coxton, Limited

                                 By:  /s/ Hans Gassner
                                      -----------------------------------
                                      Hans Gassner, Authorized Signatory

                                 ESCROW AGENT:

                                 Epstein Becker & Green, P.C.

                                 By:
                                      -----------------------------------
                                      Robert F. Charro,
                                      Authorized Signatory

                                        6

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