Document:

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                                                                    EXHIBIT 10.2

                           SHARE ACQUISITION AGREEMENT

         THIS SHARE ACQUISITION AGREEMENT (this "Agreement"), dated as of June
30, 2000, by and between High Speed Net Solutions, Inc., a Florida corporation
("HSNS"), and Douglas May, an individual (hereinafter referred to as the
"Shareholder").

                              W I T N E S S E T H:

         WHEREAS, the Shareholder owns all of the issued and outstanding shares
of Common Stock, par value $.01 per share (the "May Shares"), of Douglas May &
Co., Inc., a Texas corporation ("May");

         WHEREAS, May carries on the business of advertising design, brand
development and interface consulting, including the development of corporate
Websites (the "Business"); and

         WHEREAS, the Shareholder desires to sell to HSNS, and HSNS desires to
acquire from the Shareholder, all of the issued and outstanding shares of May in
exchange for shares of Common Stock, par value $0.01 per share, of HSNS (the
"HSNS Shares").

         NOW, THEREFORE, in consideration of the premises and the mutual
covenants hereinafter set forth and other good and valuable consideration had
and received, the parties hereto, on the basis of, and in reliance upon, the
representations, warranties, covenants, obligations and agreements set forth in
this Agreement, and upon the terms and subject to the conditions contained
herein, hereby agree as follows:

                                    ARTICLE I

                           PURCHASE AND SALE OF SHARES

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         Section 1.1       PURCHASE AND SALE OF SHARES. On the terms and subject
to the conditions of this Agreement, the Shareholder shall sell, transfer and
deliver to HSNS, and HSNS shall purchase and acquire from the Shareholder, at
the Closing (as defined in Section 2.1 hereof) and for the consideration
hereinafter set forth, all of the May Shares, free from any restrictions, liens,
encumbrances, claims, options, calls, pledges, trusts and other commitments,
agreements or arrangements (collectively, "Claims"). The Shareholder shall pay
any and all state and federal transfer taxes and governmental charges assessable
against the Shareholder regarding the transfer of the May Shares to HSNS.

         Section 1.2       PURCHASE PRICE. In full consideration for the May
Shares, HSNS shall transfer and deliver to the Shareholder at the Closing the
following:

                  (a)      50,000 HSNS Shares, subject to the adjustment
         provided for in Section 1.3;

                  (b)      That number of HSNS Shares that when  multiplied by
         the Closing Price (as hereinafter defined) of one HSNS Share shall be
         equal to Five Hundred Seventy-Six Thousand Dollars ($576,000). The
         Closing Price of one HSNS Share shall be the average of the daily last
         sales prices of HSNS Shares on the OTC Bulletin Board (as reported on
         Bloomberg.com or, if not reported thereby, any other authoritative
         source selected by HSNS) for the ten consecutive full trading days in
         which HSNS Shares are traded on the OTC Bulletin Board ending at the
         close of trading on the second business day prior to the Closing Date;
         and

                  (c)      That number of HSNS Shares that when multiplied by
         the Closing Price shall be equal to $300,000, which represents the
         balance of May's accounts receivable, meaning all amounts owed to May
         by its customers and others and equaling $453,539 at the close of

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         business on the second business day prior to the Closing Date, less a
         reserve of $3,900 (the "Accounts Receivable"), less $73,294, which is
         twenty percent (20%) of May's gross billings to SAPI since January 1,
         2000, and less $76,345, exchanged for HSNS Shares pursuant to Section
         1.2 (b). The Accounts Receivable further does not include the sum of
         $69,637 owed by X-Stream Technologies, Inc. for the work done,
         reflected on invoice numbers 2901 through 2908, dated October 29, 1999
         (the "X-Stream Invoices"), which was assigned to Shareholder prior to
         closing.

         Section 1.3       ADJUSTMENT TO PURCHASE PRICE. If the market value of
one HSNS Share is less than $10.00 on the first anniversary of the Closing Date,
then HSNS shall deliver to the Shareholder such number of additional HSNS Shares
so that the product of (a) the sum of the HSNS Shares delivered to the
Shareholder pursuant to Section 1.2(a) at the Closing (as adjusted to account
for any stock splits, reverse stock splits, stock dividends, combinations or
reclassifications), plus (ii) the additional shares to be delivered pursuant to
this Section 1.3, and (b) the market value of one HSNS Share on the first
anniversary of the Closing Date, shall be equal to Five Hundred Thousand Dollars
($500,000). The market value of one HSNS Share on the first anniversary of the
Closing Date shall be the last sale price of HSNS Shares on the OTC Bulletin
Board as reported on Bloomberg.com or, if not reported thereby, any other
authoritative source selected by agreement between Shareholder and HSNS, on the
first anniversary of the Closing Date or, if no HSNS Share shall have traded on
such date, on the last trading day preceding the first anniversary of the
Closing Date.

                                   ARTICLE II

                                     CLOSING

         Section 2.1       CLOSING DEFINED. The closing (the "Closing") of the
purchase and sale of the

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May Shares shall be held at the offices of Schell Bray Aycock Abel & Livingston
P.L.L.C., 230 North Elm Street, Suite 1500, Greensboro, North Carolina on June
30, 2000 at 10:00 a.m., local time, or at such other place and time as the
parties hereto shall mutually agree.

         Section 2.2       CLOSING DELIVERIES OF THE SHAREHOLDER. At the
Closing, the Shareholder shall deliver to HSNS: (a) stock certificates
representing the May Shares, duly endorsed in blank or accompanied by
appropriate stock powers duly endorsed in blank and (b) all closing certificates
and other documents required to be delivered by the Shareholder or May to HSNS
at the Closing under the provisions of this Agreement.

         Section 2.3       CLOSING DELIVERIES OF HSNS. At the Closing, HSNS
shall deliver to the Shareholder: (a) certificates representing the HSNS Shares
as provided for in Section 1.2; (b) the May License Agreement (as defined and
described in Section 3.2 (i)), duly executed by May and HSNS; (c) the Accounts
Receivable Escrow Agreement (as defined and described in Section 4.8(c)), duly
executed by May, HSNS, and the Escrow Agent, and (d) the joint prosecution
agreement, described in Section 4.10, executed by May, HSNS and Shareholder.

         Section 2.4       DOCUMENTS DELIVERED BY THE SHAREHOLDER AND HSNS. At
the Closing, the Shareholder and HSNS shall execute and deliver the Employment
Agreement between the Shareholder and HSNS in the form attached hereto as
Exhibit A.

                                   ARTICLE III
                         REPRESENTATIONS AND WARRANTIES

         Section 3.1       REPRESENTATIONS AND WARRANTIES OF THE SHAREHOLDER.
The Shareholder hereby represents and warrants to HSNS that:

                  (a)      ORGANIZATION AND STANDING. May is a corporation duly
         organized, validly

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         existing and in good standing under the laws of the State of Texas, and
         has all requisite power and authority to operate its business, to own
         or lease its properties and assets, and to carry on its business as now
         being conducted. May has no subsidiary corporations, and owns no
         interest, directly or indirectly, in any other business enterprise,
         firm or corporation. May is qualified to do business as a foreign
         corporation and is in good standing in each jurisdiction in which the
         property owned, leased or operated by it, or the nature of the business
         conducted by it, requires such qualification under applicable law.

                  (b)      AUTHORIZED CAPITAL. May has an authorized capital
         consisting solely of 1,000,000 shares of common stock, par value $.01
         per share, 5,000 of which are issued and outstanding (the "Outstanding
         Shares"), and none of which are held as treasury shares. All of the
         Outstanding Shares are duly authorized, validly issued, fully paid and
         nonassessable, and there are no other securities of May of any class
         issued, reserved for issuance or outstanding. There are no options,
         offers, warrants, conversion rights, subscriptions, or agreements or
         rights of any kind to subscribe for or to purchase, or commitments to
         issue (either formal or informal, firm or contingent), shares of
         capital stock or other securities of May (whether debt, equity or a
         combination thereof) or obligating May to grant, extend or enter into
         any such agreement or commitment.

                  (c)      SHAREHOLDER; TITLE TO SHARES. The Shareholder is the
         sole holder of record and beneficial owner of all of the Outstanding
         Shares. The Shareholder holds good, valid and marketable title to the
         Outstanding Shares, free and clear of all Claims. The certificates and
         other documents representing the Outstanding Shares delivered to HSNS
         at the Closing, and

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         the signatures and endorsements thereof or stock powers or powers of
         attorney delivered therewith, will be valid and genuine and will
         deliver to HSNS sole and absolute ownership of the Outstanding Shares,
         free and clear of all Claims.

                  (d)      CAPACITY OF SHAREHOLDER; CONSENTS; EXECUTION OF
         AGREEMENT; GOOD TITLE TO HSNS. The Shareholder has all requisite power,
         authority and capacity to enter into and perform this Agreement and all
         other agreements and instruments entered into by the Shareholder in
         connection herewith, and to perform the obligations required to be
         performed by him hereunder and thereunder. All consents or approvals
         from any persons, courts, Governmental Authorities (as hereinafter
         defined) and other entities, required to be obtained by the Shareholder
         so as to sell his May Shares to HSNS pursuant to the terms of this
         Agreement have been obtained. This Agreement and all other agreements
         and instruments entered into by the Shareholder in connection herewith
         have been duly executed and delivered by, and constitute the valid and
         legally binding obligations of, the Shareholder, enforceable against
         the Shareholder in accordance with their respective terms. Upon
         delivery of the May Shares to HSNS as herein contemplated, HSNS shall
         acquire the entire legal and beneficial ownership of, and shall have
         good, valid and marketable title to, all of the issued and outstanding
         shares of capital stock of May, free and clear of all Claims.

                  (e)      ARTICLES AND BYLAWS. The Shareholder has delivered to
         HSNS copies of the articles of incorporation and bylaws of May, and
         such documents are true, correct and complete, and have not been
         amended or modified in any respect.

                  (f)      CONFLICTS; DEFAULTS. Neither the execution and
         delivery of this Agreement and the other agreements and instruments
         executed and delivered in connection herewith by the

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         Shareholder, nor the performance of the transactions contemplated
         hereby or thereby by the Shareholder, will (i) violate, conflict with,
         or constitute a default under, any of the terms of May's articles of
         incorporation or bylaws, or any provisions of, or result in the
         acceleration of any obligation under, any contract, indenture, deed of
         trust, lease, agreement or other instrument, including, without
         limitation, the Contracts (as hereinafter defined), or order, judgment
         or decree, relating to May, the Business or the May Shares, or by which
         May, the assets of May or the May Shares may be bound, (ii) result in
         the creation or imposition of any Liens (as hereinafter defined) or
         Claims in favor of any third person or entity upon any assets of May or
         the May Shares, (iii) violate any law, statute, judgment, decree,
         order, rule or regulation of any foreign, United States, state or local
         governmental entity or municipality or subdivision thereof or any
         authority, department, commission, board, bureau, agency, court or
         instrumentality (collectively, "Governmental Authorities"), or (iv)
         constitute an event which, after notice or lapse of time or both, would
         result in such violation, conflict, default, acceleration, or creation
         or imposition of such Liens or Claims. May is not in violation of its
         articles of incorporation or bylaws, or in default under any of the
         terms or provision of any contract, indenture, deed of trust, lease,
         agreement or other instrument (including, without limitation, the
         Contracts) or any order, judgment or decree, to which May is a party or
         by which May is bound, and there exists no condition or event which,
         after notice or lapse of time or both, would result in such violation
         or default.

                  (g)      FINANCIAL STATEMENTS. The Shareholder has heretofore
         delivered to HSNS the following financial statements (collectively, the
         "Financial Statements"): (i) the unaudited balance sheets of May as of
         December 31, 1999, 1998, 1997 and 1996 and the related

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         statements of income and retained earnings for the years then ended, as
         compiled by Edwin L. Roberts, certified public accountant, and (ii) the
         unaudited balance sheet of May as of June 30, 2000 and the related
         statement of income for the year-to-date period then ended. Each of the
         Financial Statements is true and correct in all material respects, was
         prepared from the books and records kept by May for the Business, and
         fairly presents the financial position of May as of such dates or the
         results of May's operations for the periods then ended in accordance
         with generally accepted accounting principles consistently applied.
         Since December 31, 1999, there has been no material adverse change in
         the financial condition, results of operations, business or prospects
         of May, nor has there been any event or condition of any character that
         has affected, or that is likely to materially and adversely affect, the
         financial condition, results of operations, business or prospects of
         May. The June 30, 2000 Balance Sheet reflects all properties and
         assets, real, personal or mixed, that are currently used by May in the
         Business, except for (i) the properties and assets listed on the
         Schedule entitled "Shareholder Properties" attached hereto, and (ii)
         properties and assets not in excess of $10,000 (in the aggregate)
         purchased or sold since June 30, 2000 in the ordinary and normal course
         of business and working capital acquired since June 30, 2000 in the
         ordinary and normal course of business.

                  (h)      LIABILITIES. May has no liabilities or obligations of
         any nature whatsoever, whether absolute, accrued, contingent or
         otherwise, except for those (i) reflected or reserved on the June 30,
         2000 Balance Sheet, and (ii) listed on the Schedule entitled
         "Liabilities" attached hereto. There exists no event or circumstance
         which, after notice or lapse of time or both, might create any other
         obligations or liabilities of May.

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                  (i)      CHANGES IN CIRCUMSTANCES. Since December 31, 1999,
         May has not (i) sold, transferred or otherwise disposed of any of its
         properties or assets outside the ordinary and normal course of business
         or for less than fair market value; (ii) mortgaged, pledged, or
         subjected to any Lien, any of its properties or assets; (iii) acquired
         any properties or assets outside the ordinary and normal course of
         business or for more than fair market value; (iv) sustained any damage,
         loss or destruction of or to its assets, properties or business
         (whether or not covered by insurance); (v) entered into any transaction
         or otherwise conducted the Business other than in the ordinary and
         normal course; (vi) effected any change in its articles of
         incorporation or bylaws; (vii) granted any salary increase or bonus or
         permitted any advance to any officer or director or to the Shareholder,
         instituted or granted any general salary increase to the employees of
         May, or entered into any new, or altered or amended any existing
         Employee Plan (as hereinafter defined) or any employment or consulting
         agreement, except as authorized under Section 4.1(e), or as set forth
         on the Schedule styled "Employees" attached pursuant to Section 3.1(x);
         (viii) made any borrowing, whether or not in the ordinary and normal
         course of business, issued any commercial paper or refinanced any
         existing borrowings; (ix) paid any obligation or liability (fixed or
         contingent), other than in the ordinary and normal course of business,
         discharged or satisfied any Lien, or settled any claim, liability or
         suit pending or threatened against May or any of May's properties or
         assets; (x) entered into any licenses or leases; (xi) made any loans or
         gifts; (xii) modified, amended, cancelled or terminated any existing
         contracts or commitments under circumstances that would materially and
         adversely affect its financial condition, results of operations,
         business or prospects; (xiii) purchased, redeemed, retired or otherwise
         acquired

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         (directly or indirectly) any of its capital stock; (xiv) declared or
         paid, or become obligated to declare or pay, any dividend or
         distribution, or any other payment or distribution in respect of shares
         of its capital stock, except as authorized under Section 4.1(e); (xv)
         disbursed, or became obligated to disburse, cash, except in the
         ordinary course of carrying on the Business, except as authorized under
         Section 4.1(e); (xvi) willfully taken or omitted to take any action
         that would cause to be breached, or might result in a breach of, any of
         the representations, warranties, covenants, obligations and agreements
         of the Shareholder contained herein if the same were made anew
         immediately after such act or omission; (xvii) suffered any change in
         the condition (financial or otherwise) in its properties, assets,
         liabilities or business, except for usual and normal changes in the
         ordinary course of business that have not, individually or in the
         aggregate, had a materially adverse affect on May; or (xviii) agreed
         to, or obligated itself to, do anything identified in (i) through
         (xvii) above.

                  (j)      ASSETS OF MAY; GOOD TITLE. The properties and assets
         reflected on the June 30, 2000 Balance Sheet and the properties and
         assets listed on the Schedule entitled "Shareholder Properties" are in
         good operating condition and repair (subject to normal wear and tear
         consistent with the age of such properties or assets), and are adequate
         and sufficient for the operation of the Business as now conducted by
         May. May is the only business organization through which the Business
         is conducted, and all of the assets used to conduct the Business are
         owned by May, other than the assets listed on the Schedule entitled
         "Shareholder Properties," which assets will be conveyed to May prior to
         the Closing free and clear of all Claims. May has good and marketable
         title to all properties and assets reflected on the June 30, 2000
         Balance Sheet (except to the extent such assets and properties have

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         been disposed of for fair market value in the ordinary course of
         business since June 30, 2000, and will have good and marketable title
         to the assets listed on the Schedule entitled "Shareholder Properties"
         prior to the Closing. May owns all such assets and properties (or, with
         respect to the assets listed on the Schedule entitled "Shareholder
         Properties," will own them) free and clear of any and all security
         interests, liens, encumbrances, mortgages, pledges, equities, charges,
         assessments, easements, covenants, restrictions, reservations, defects
         in title, encroachments and other burdens (collectively, "Liens"),
         except: (i) as disclosed on the Schedule entitled "Liens" attached
         hereto, or (ii) Permitted Liens (as hereinafter defined). Except as
         disclosed on the June 30, 2000 Balance Sheet, or on the Schedule
         entitled "Liens" attached hereto, no properties or assets of May are
         subject to or are held under any lease, mortgage, security agreement,
         conditional sales or other title retention agreement, equipment
         obligation or lease purchase agreement, or are other than in the sole
         possession and under the sole control of May or its agents. May has the
         right under valid and existing leases to occupy, use or control all
         material properties and assets leased by it.

                  (k)      REAL PROPERTY. May neither owns nor leases any real
         property other than pursuant to the 1600 Pacific Place Lease (as
         hereafter defined).

                  (l)      1600 PACIFIC PLACE LEASE. The 1600 Pacific Place
         Lease, which covers the lease of office space to May at 1600 Pacific
         Avenue, Suite 1525, Dallas, Texas and a true, correct and complete copy
         of which has been delivered by the Shareholder to HSNS (the "Lease"),
         has not been modified, altered, terminated or revoked, and is in full
         force and effect. May, as the present tenant under the 1600 Pacific
         Place Lease, is not in default under,

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         or in breach of, any of the terms of the 1600 Pacific Place Lease and
         there are no existing facts or conditions that could give rise to any
         such breach or default, or any claim against the Company, under the
         1600 Pacific Place Lease, and May has no liabilities outstanding under
         the 1600 Pacific Place Lease other than for rent not past due. Dallas
         Minnesota Investments, LLC, as present lessor under the 1600 Pacific
         Place Lease (the "Landlord"), is not in default thereunder, or in
         breach thereof, and there are no existing facts or conditions that
         could give rise to any such breach or default, or any claim against
         Dallas Minnesota Investments, LLC under the 1600 Pacific Place Lease.
         May has the right to quiet enjoyment of all real property subject to
         the l600 Pacific Place Lease for the full term of such lease and any
         renewal option related thereto. There has been no disturbance of, or
         challenge to, May's quiet possession under such lease, and no leasehold
         or other interest of May in such real property is subject or
         subordinate to any Lien.

                  (m)      ENVIRONMENTAL AND SAFETY COMPLIANCE. Neither (i) the
         operation of the Business, nor (ii) May's processes, results or
         products, violate any applicable law or regulation relating to air,
         water, or noise pollution or employee health and safety or the
         production, storage, labeling, transportation or disposition of waste
         or hazardous or toxic substances, and May is in full compliance with
         all such laws and regulations.

                  (n)      CONTRACTS. The Schedule entitled "Contracts" attached
         hereto contains a complete list or description of (i) all licenses,
         contracts, agreements, commitments and undertakings (whether written or
         oral) (A) relating to May or the Business, or to which May is a party
         (I) that involves the purchase of inventories or the sale of products
         or services, and

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         involves aggregate future payments in excess of $5,000 or that extends
         for a period of more than six months, or (II) that does not involve the
         purchase of inventories or the sale of products or services, and
         involves aggregate future payments in excess of $5,000 or extends for a
         period of more than three months, (B) between May and any distributors,
         manufacturers' agents, or selling agents, or pursuant to which May
         sells or distributes its products or services, including, without
         limitation, any contracts, agreements or commitments between May and
         any Governmental Authority, in each case described in this subsection
         (B) regardless of the size or term of such licenses, contracts,
         agreements, commitments and undertakings, (ii) each loan or credit
         agreement, security agreement, guaranty, indenture, mortgage, pledge or
         other agreement or instrument evidencing indebtedness of May or to
         which May is a party, (iii) any conditional sale or other title
         retention agreement, equipment obligation, or lease purchase agreement
         involving amounts in excess of $5,000 (in the aggregate) relating to
         May or the Business, or to which May is a party, (iv) each contract,
         agreement, commitment or undertaking, whether or not fully performed,
         relating to capital stock, bonds or other securities of May, (v) each
         contract, agreement, commitment or undertaking presently in effect,
         whether or not fully performed, by May with any current or former
         officer, director, consultant, other employee (or group of employees)
         or shareholder of May, and (vi) all other contracts, agreements,
         commitments or undertakings of May material to the business, assets,
         liabilities, financial condition or results of operations of the
         Business taken as a whole (collectively, "Contracts"). Except as set
         forth on such Schedule, May has performed in all material respects all
         obligations required to be performed by it to date under the Contracts,
         and neither May nor, to the Shareholder's

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         knowledge, any other party to any Contract, has breached or improperly
         terminated any Contract, or is in default under any Contract by which
         it is bound, and there exists no condition or event which, after notice
         or lapse of time or both, would constitute any such breach, termination
         or default. Except as set forth on such Schedule, each of the Contracts
         is in full force and effect, and is a legal, binding and enforceable
         obligation of or against the parties thereto.

                  (o)      INSURANCE. The Schedule entitled "Insurance" attached
         hereto contains a list of all insurance policies (specifying the
         location, insured, insurer, beneficiary of the policy, amount of
         coverage, type of insurance and policy number) maintained by May. May
         has in full force and effect, with all premiums paid thereon, the
         policies of insurance, or renewals thereof, in the amounts set forth on
         such Schedule. The insurance set forth on such Schedule includes
         insurance on all of the assets and operations of May of such types, in
         such amounts, and against all liabilities, claims and risks against
         which it is customary and prudent to insure.

                  (p)      BANK ACCOUNTS. The Schedule entitled "Bank Accounts"
         attached hereto contains a list of all banks and other financial
         institutions in which May has accounts (specifying the locations and
         identifying numbers) and the names of all persons authorized to draw
         thereon. May has no safe deposit boxes.

                  (q)      LITIGATION. Except as set forth on the Schedule
         entitled "Litigation" attached hereto: (i) May is not subject to any
         order of, or written agreement or memorandum or understanding with, any
         Governmental Authority, (ii) there exists no litigation, action, suit,
         or proceeding pending, or, to the Shareholder's knowledge, any
         litigation, action, suit,

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         investigation, claim or proceeding threatened, against or adversely
         affecting May, the Business or the Company Plans (as hereinafter
         defined), including, without limitation, claims for product warranty,
         product liability or other liability or obligation relating to products
         or services sold or fabricated by the Company, or that would adversely
         affect the transactions contemplated by this Agreement, and (iii) no
         one has asserted and, to the Shareholder's knowledge, no one has
         grounds to assert, any claims against May that would affect the
         transactions contemplated by this Agreement.

                  (r)      CUSTOMERS. May is not involved in any claim or
         controversy with any of its customers. The Schedule entitled
         "Customers" attached hereto contains a list of May's twenty largest
         customers.

                  (s)      REGULATORY COMPLIANCE. Except as set forth on the
         Schedule entitled "Litigation," May has complied with all laws,
         regulations, and orders (including, without limitation, zoning
         ordinances, building codes, and environmental, civil rights, and
         occupational health and safety laws and regulations) applicable to it
         and to the conduct of the Business, and no material expenditures are or
         will be required by May to comply with any laws, regulations or orders
         of any Governmental Authorities. Except as set forth in such Schedule,
         May is not in default under, and no event has occurred which, with the
         lapse of time or action by a third party, could result in default
         under, the terms of any rule or regulations of any Governmental
         Authority or of any judgment, decree, order or writ of any Governmental
         Authority, whether at law or in equity, issued or entered against May.

                  (t)      BROKER, FINDERS AND AGENTS; TRANSACTION COSTS.
         Neither May nor the Shareholder is directly or indirectly obligated to
         anyone acting as a broker, finder or in any

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         other similar capacity in connection with this Agreement or the
         transactions contemplated hereby. Except as specifically set forth on
         the Schedule entitled "Transaction Costs," May has no liability or
         obligation for any accounting, consulting, brokers' or finders' fees,
         investment banking or legal fees, or other fees, expenses or charges
         incurred in connection with the negotiation, preparation, execution or
         performance of this Agreement or the transactions contemplated hereby.

                  (u)      INTELLECTUAL PROPERTY. The Schedule entitled
         "Intellectual Property" attached hereto sets forth a complete and
         correct list (with an indication of the record owner and identifying
         number) of all patents, trademarks, service marks, trade names and
         copyrights (and all applications for, or extensions or reissuances of,
         any of the foregoing) that are or have been used in the conduct of, or
         that relate to, the Business or that are owned by May. True, correct
         and complete copies of the patents, trademarks, service marks, trade
         names and copyrights (and all applications for, or extensions or
         reissuances of, any of the foregoing) identified on such Schedule have
         been delivered to HSNS. Except as set forth in such Schedule, May
         solely owns or has the exclusive right to use, free and clear of any
         payment, restriction or encumbrance the Intellectual Property. Except
         as set forth in such Schedule, there is no claim or demand of any
         person pertaining to, or any proceedings pending or, to the
         Shareholder's knowledge, threatened, that challenge (i) the exclusive
         rights of May in respect of the Intellectual Property (or applications
         for, or extensions or reissuances of, any of the foregoing) or (ii) the
         rights of May in respect of any processes, formulas, confidential
         information, trade secrets, know-how, technology or other intellectual
         property that are or have been used in the conduct of, or that relate
         to, the Business or that are owned by May,

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         save and except for the dispute pertaining to the work reflected on the
         X-Stream Invoices. The Intellectual Property is not subject to any
         outstanding order, ruling, decree, judgment or stipulation by or with
         any Governmental Authority or any contract, agreement, commitment or
         undertaking with any person, or infringes or is being infringed by
         others or is used by others (whether or not such use constitutes
         infringement). To the best of Shareholder's knowledge and belief, the
         Business does not involve employment of any person in a manner that
         violates any noncompetition or nondisclosure agreement, which such
         person entered into in connection with any former employment.

                  (v)      PERMITS. May has, and is in compliance with, all
         permits, licenses, variances, waivers or consents that are necessary or
         required for the operation of the Business as it is currently being
         operated, all of which permits, licenses, approvals, variances, waivers
         or consents are in full force and effect.

                  (w)      EMPLOYEE RELATIONS; COLLECTIVE BARGAINING AGREEMENTS.
         There are no controversies pending, or to the Shareholder's knowledge,
         threatened between May and any representative of its employees. Except
         as set forth on the Schedule entitled "Employees," May is complying
         with all laws relating to the employment of labor, including, without
         limitation, any provision thereof relating to wages, hours, collective
         bargaining, employee safety and welfare, and the payment of social
         security and similar taxes. May is not a party to any collective
         bargaining or union contract and, to the Shareholder's knowledge, there
         exists no current union organizational effort with respect to May's
         employees.

                  (x)      EMPLOYEES AND EMPLOYEE PLANS. The Schedule entitled
         "Employees" attached

                                      -17-
<PAGE>   18

         hereto sets forth a list of all individuals employed by the Company who
         earn an annual base salary of $30,000 or more, with the amounts and a
         description of such employees' compensation (including bonuses,
         deferred compensation, and compensation pursuant to plans and pensions
         separately described in tabular or other identifiable form) paid during
         the twelve months ended December 31, 1999. Except for the plans
         disclosed on the Schedule entitled "Employees" attached hereto (the
         "Company Plans"), May neither maintains nor contributes to any employee
         pension, benefit or welfare plan, as defined in the Employee Retirement
         Income Security Act of 1974 ("ERISA"), or any other severance, bonus,
         stock option, stock appreciation, stock purchase, retirement,
         insurance, pensions, profit-sharing or deferred compensation plan,
         agreements or arrangements (collectively, "Employee Plans"), nor has
         May, the Shareholder or any of May's officers or directors, taken any
         action directly or indirectly to obligate May to institute any such
         Employee Plan. May neither maintains nor contributes to any plan of any
         type that constitutes a "qualified" plan within the meaning of Section
         401(a) of the Internal Revenue Code of 1986, as amended. May has
         complied with all terms and conditions of, and has no liabilities or
         obligations with respect to, the Company Plans. All the Company Plans
         have been maintained in full compliance with all laws, regulations and
         orders, including, without limitation, ERISA, of all Governmental
         Authorities, and all notices, reports and other filings required to be
         delivered or filed under applicable law with respect to the Company
         Plans have been duly and timely delivered or filed. HSNS has heretofore
         been provided with true, correct and complete copies of each of the
         employee benefit arrangements set forth in the Schedule entitled
         "Employees," including copies of the Company Plans and any trust
         agreements relating to the Company Plans.

                                      -18-
<PAGE>   19

                  (y)      TAXES. May has prepared in good faith and duly and
         timely filed, or caused to be duly and timely filed, or has an approved
         extension to file, all tax returns and reports required to be filed by
         it with the appropriate Governmental Authority. Except as set forth on
         the Schedule entitled "Taxes" attached hereto, May has paid, or has
         made adequate provision or set up an adequate accrual or reserve for
         the payment of, all taxes required to be paid by May in respect of the
         periods covered by such returns and reports. Except as disclosed on the
         Schedule, entitled "Taxes" attached hereto, neither May nor the
         Shareholder on behalf of May, are subject to any agreement, waivers or
         other arrangements extending the period for assessment or collection of
         any taxes. May is not a party to any action or proceeding, nor, to the
         Shareholder's knowledge, is any such action or proceeding threatened,
         for the assessment or collection of any taxes, and no deficiency
         notices or reports have been received by May in respect of any tax,
         assessment or governmental charges. The Shareholder is not party to any
         action or proceeding, nor, to the Shareholder's knowledge, is any such
         action or proceeding threatened for the assessment or collection of
         taxes attributable to the business or operations of May, and no
         deficiency notices or reports have been received by the Shareholder in
         respect of any of such taxes or assessments. Since December 31, 1999,
         May has not incurred, nor are there accruable against May, any
         liabilities or obligations (whether absolute, accrued, contingent or
         otherwise) on account of taxes, assessments or governmental charges,
         other than: (i) employee payroll taxes for the period December 31, 1999
         through the date of this Agreement, and (ii) other taxes attributable
         to the conduct of the Business between December 31, 1999 and the date
         of this Agreement in the ordinary and normal course of business and
         consistent with the representations and warranties set forth in

                                      -19-
<PAGE>   20

         this Agreement (which taxes shall not exceed $5,000 in the aggregate),
         and there are no facts or circumstances that could give rise to any
         claim for any such liabilities or obligations.

                  (z)      APPROVALS. All consents, approvals, filings,
         authority and other requirements prescribed by any law, rule or
         regulation, or any contract, agreement, commitment or undertaking, and
         which must be obtained or satisfied by the Shareholder, or by May, and
         that are necessary for the consummation of the transactions
         contemplated by this Agreement, have been obtained and satisfied.

                  (aa)     ABSENCE OF CERTAIN COMMERCIAL PRACTICES. Neither May,
         the Shareholder nor any officer, director, employee or agent of the
         Shareholder or May (or any person acting on behalf of any of the
         foregoing) has given or agreed to give any gift or similar benefit of
         more than nominal value to any customer, supplier, governmental
         employee or official or any other person who is or may be in a position
         to help, hinder, or assist May or the person giving such gift or
         benefit in connection with any actual or proposed transaction relating
         to the Business, which gifts or similar benefits would individually or
         in the aggregate subject May or any officer, director, employee or
         agent of May to any fine, penalty, cost or expense or to any criminal
         sanctions. No such gift or benefit is required in connection with the
         operation of May or the Business to avoid any fine, penalty, costs,
         expense or material adverse change in May's financial condition,
         results of operations, business or prospects.

                  (bb)     BOOKS AND RECORDS. The books and records of May
         maintained in connection with the Business (including, without
         limitation, (i) books and records relating to the purchase of materials
         and supplies, sales of products or services, dealings with customers,
         invoices, customer lists, inventories, supplier lists, personnel
         records and taxes of May, (ii)

                                      -20-
<PAGE>   21

         the stock books, stock ledgers and minute books of May, and (iii)
         computer software and data in computer readable and human readable form
         used to maintain such books and records together with the media on
         which such software and data are stored and all documentation relating
         thereto) accurately record all transactions of May in all material
         respects, and have in all material respects been maintained consistent
         with good business practice.

                  (cc)     ACCOUNTS RECEIVABLE. The Accounts Receivable arose
         only in the ordinary course of business, are not subject to any
         discounts, allowances or set-offs, and are collectible in the ordinary
         course of business.

                  (dd)     INVESTMENT. The Shareholder (i) understands that the
         HSNS Shares to be issued pursuant to this Agreement have not been, and,
         except as otherwise provided in Section 4.8(b), will not be, registered
         under the Securities Act of 1933, as amended (the "Securities Act"), or
         under any state securities laws, and are being offered and sold in
         reliance upon federal and state exemptions for transactions not
         involving any public offering, (ii) is acquiring the HSNS Shares solely
         for his own account for investment purposes, and not with a view to the
         distribution thereof, (iii) is a sophisticated investor with knowledge
         and experience in business and financial matters and is able to
         evaluate the risks and benefits of the investment in HSNS Shares, (iv)
         has received certain information concerning HSNS and has had the
         opportunity to obtain additional information as desired to evaluate the
         merits and risks inherent in holding HSNS Shares, (v) is able to bear
         the economic risk inherent in holding the HSNS Shares, and (vi) is an
         accredited investor, as defined in Rule 501(a) of Regulation D
         promulgated under the Securities Act.

                  (ee)     COPIES OF DOCUMENTS. May has delivered or made
         available to HSNS true,

                                      -21-
<PAGE>   22

         correct and complete copies of all contracts, agreements and other
         documents listed in the Schedules to, or referenced in, this Agreement,
         and all modifications and amendments thereto.

                  (ff)     DISCLOSURE. No representation or warranty made by the
         Shareholder contained in this Agreement or in any other writing
         furnished pursuant hereto contains an untrue statement of a material
         fact or omits to state a material fact necessary to make the statements
         and facts contained herein or therein, in light of the circumstances in
         which they were or are made, not false or misleading.

         Section 3.2       REPRESENTATIONS AND WARRANTIES OF HSNS. HSNS
         represents and warrants to the Shareholder that:

                  (a)      ORGANIZATION; CORPORATE POWER AND AUTHORITY. HSNS is
         a corporation duly organized and validly existing under the laws of the
         State of Florida, and has full corporate power and authority to make
         and perform this Agreement and all other agreements and instruments
         entered into by HSNS in connection herewith, and to perform the
         obligations required to be performed by HSNS hereunder and thereunder.
         This Agreement and all other agreements and instruments entered into by
         HSNS in connection herewith have been duly executed and delivered by
         HSNS. This Agreement and all other agreements and instruments entered
         into by HSNS in connection herewith have been duly approved by the
         Directors of HSNS, and constitute the valid, binding and enforceable
         obligations of HSNS.

                  (b)      CONFLICTS; DEFAULTS. Neither the execution and
         delivery of this Agreement by HSNS, nor the performance of its
         obligations hereunder, will conflict with or constitute a

                                      -22-
<PAGE>   23

         default under any of the terms of HSNS's Article of Incorporation or
         Bylaws.

                  (c)      HSNS SHARES. The HSNS Shares to be issued to the
         Shareholder pursuant to this Agreement, when issued as described
         herein, will be duly authorized, validly issued, fully paid and
         nonassessable.

                  (d)      BROKERS, FINDERS AND AGENTS. HSNS is not directly or
         indirectly obligated to anyone as a broker, finder or in any other
         similar capacity in connection with this Agreement or the transactions
         contemplated hereby.

                  (e)      DISCLOSURE. No representation or warranty made by
         HSNS contained in this Agreement or in any other writing furnished
         pursuant hereto contains an untrue statement of a material fact or
         omits to state a material fact necessary to make the statements and
         facts contained herein or therein, in light of the circumstances in
         which they were or are made, not false or misleading.

                  (f)      LEASE GUARANTEE. In the event that HSNS has been
         unable to cause the Landlord to release Shareholder from his personal
         guarantee of the Lease, on or before the expiration of the initial
         termination period provided May under the Lease, HSNS agrees that May
         will exercise its right to terminate the Lease and rent other business
         premises.

                  (g)      LINE OF CREDIT GUARANTEE. HSNS shall cause
         Shareholder's personal guarantee of May's line of credit facility with
         Bank of America to be released prior to utilizing the facility.

                  (h)      CHANGE OF CORPORATE NAME. As soon as practical after
         Closing, HSNS shall

                                      -23-
<PAGE>   24

         cause May to change its corporate name to one that does not include,
         and is not confusingly similar to "Douglas May".

                  (i)      LICENSE TO USE MAY INTELLECTUAL PROPERTY. At Closing,
         HSNS shall execute and deliver to Shareholder a perpetual,
         non-exclusive, royalty-free, license to use the intellectual property
         of May, including, but not limited to, all prior designs, work, client
         records, art work, portfolios, and awards, but excluding any
         intellectual property using HSNS technology licensed from Summus,Ltd.,
         or developed by HSNS.

                  (j)      MAY EMPLOYEE STOCK OPTION PLAN. After Closing, HSNS
         shall allocate at least 45,000 of its shares as part of its Qualified
         Stock Plan to awarded to employees of May, as part of their employment
         benefits to be awarded upon the recommendation by Shareholder, or his
         successor as President of May, with approval of the Board of Directors
         of HSNS.

                  (h)      COMPLIANCE WITH NORTH CAROLINA SECURITIES LAWS. The
         transactions contemplated by this Agreement are exempt from
         registration under the securities laws of the State of North Carolina,
         and no North Carolina state transfer taxes or other charges are
         assessable against the Shareholder arising from regarding the sale and
         transfer of the May Shares to HSNS.

         Section 3.3       GENERAL. The representations and warranties of the
parties hereto made in this Agreement, subject to the exceptions thereto, shall
not be affected by any information furnished to, or any investigation conducted
by and of them or their representatives in connection with the subject matter of
this Agreement.

                                      -24-
<PAGE>   25
                                   ARTICLE IV

                            COVENANTS AND AGREEMENTS

         Section 4.1       CONDUCT OF THE BUSINESS. From the date hereof to the
Closing, the Shareholder shall cause May to:

                  (a)      conduct and operate its business only in the ordinary
         course and in a manner consistent with prior and current business
         practices and operations;

                  (b)      use its best efforts to preserve intact its present
         business organization, keep available the services of its present
         officers and employees, and preserve its relationship with its
         customers, suppliers, creditors and others having business dealings
         with its business;

                  (c)      maintain its books and records in a manner consistent
         with May's past practices;

                  (d)      use its best efforts to comply in all material
         respects with all laws applicable to it and to the conduct of its
         business; and

                  (e)      not pay any dividends, or make any distributions, in
         respect of its capital stock, or pay any additional compensation,
         except for (i) a cash dividend or dividends, or compensation, of no
         more than $75,000 in the aggregate (including all dividends paid since
         January 1, 2000); (ii) an in-kind dividend, or compensation, of the
         note receivable reflected on the May 31, 2000 Balance Sheet but only to
         the extent the principal balance of such note does not exceed $51,500;
         and the assignment of the X-Stream Invoices, and all claims and causes
         of action pertaining to the proposed transaction with X-Stream, and
         work done for extreme, to Shareholder.

                  (f)      HSNS agrees that May may make SEP contributions not
         to exceed 10% of

                                      -25-
<PAGE>   26

         compensation on behalf of all eligible employees for calendar year
         1999, and short year ending June 30, 2000, and to extend funding of
         such payments as long as permitted by tax law.

         Section 4.2       CONFIDENTIALITY. The Shareholder and HSNS shall keep
confidential all information furnished to it by the other in connection with
this Agreement or the transactions contemplated hereby and shall use such
information only in connection with this Agreement and the transactions
contemplated hereby. In the event this Agreement is terminated, the Shareholder
and HSNS shall promptly cause all copies of all documents and materials in
whatever form or extracts thereof containing information as to the other party
to be returned to such party and shall maintain the confidentiality of all
information furnished to it by such other party.

         Section 4.3       EXPENSES. Whether or not the transactions
contemplated hereby are consummated, all costs and expenses incurred in
connection with this Agreement and the transactions contemplated hereby shall be
paid by the party incurring such expenses.

         Section 4.4       BEST EFFORTS. From the date hereof to the Closing,
each of HSNS and the Shareholder shall use its best efforts to cause its
representations and warranties to remain true and correct in all material
respects as of the Closing Date and to fulfill the conditions to the other
party's obligations hereunder.

         Section 4.5       FURTHER ASSURANCES. From time to time after the
Closing, upon request of HSNS and without further consideration, the Shareholder
shall execute, acknowledge and deliver all such other instruments of sale,
assignment, conveyance and transfer and shall take all such other action as may
be required for the consummation of the transactions contemplated hereby, and to
more effectively transfer to and vest in HSNS, and to put HSNS in possession of,
the Business and

                                      -26-
<PAGE>   27

the May Shares, free and clear of any and all Claims. The Shareholder shall use
his best efforts to secure, or to assist HSNS in securing, any consent or waiver
from any person, entity or Governmental Authority that may be required for the
consummation of the transactions contemplated hereby.

         Section 4.6       COOPERATION IN THE DEFENSE OF CLAIMS. In the event
that a claim is asserted against HSNS, any of its direct or indirect
subsidiaries or affiliates, or May with respect to events or conditions
occurring or existing in connection with, or arising out of, the operation of
Business prior to the Closing, or the ownership, possession, use or sale of
May's assets prior to the Closing, the Shareholder shall cooperate with HSNS and
May in the defense of any such claim.

         Section 4.7       CONSENTS TO ASSIGNMENT. The Shareholder shall use his
best efforts to obtain the consents or approvals (or effective waivers thereof)
of assignment from those persons or entities whose consents or approvals are
required for the sale of the May Shares contemplated by this Agreement.

         Section 4.8       TRANSFER RESTRICTIONS; REGISTRATION RIGHTS.

                  (a)      The HSNS Shares to be delivered to the Shareholder
         pursuant to this Agreement have not been registered under the
         Securities Act or under the securities laws of any state. The
         Shareholder shall not sell, transfer, pledge or hypothecate such HSNS
         Shares in the absence of an effective registration statement under the
         Securities Act and such registration or qualification as may be
         required under state securities laws, or an exemption from registration
         or qualification thereunder. The certificate or certificates evidencing
         HSNS Shares delivered to the Shareholder pursuant to this Agreement
         shall bear substantially the following legend:

                                      -27-
<PAGE>   28

                  The shares evidenced by this certificate have not been
                  registered under the Securities Act of 1933, as amended, or
                  under the securities laws of any state. The shares may not be
                  sold, transferred, pledged or hypothecated in the absence of
                  an effective registration statement under the Securities Act
                  of 1933, as amended, and such registration or qualification as
                  may be necessary under the securities laws of any state, or an
                  opinion of counsel satisfactory to High Speed Net Solutions,
                  Inc. that such registration or qualification is not required.

                  (b)      HSNS shall file a registration statement, which will
         include the HSNS Shares delivered to the Shareholder pursuant to
         Sections 1.2(b) and 1.2(c) (the "S-1 HSNS Shares"), on Form S-1
         promulgated by the United States Securities and Exchange Commission
         (the "SEC"), or other similar format required or prescribed by State,
         federal, or exchange executive or regulatory agencies with jurisdiction
         over such registration, to allow the S-1 HSNS Shares to trade on the
         OTC-Bulletin Board or any recognized Stock Exchange, without
         restriction (the "Registration Statement"), within 14 days after
         Closing. HSNS shall use its best efforts to cause the S-1 HSNS Shares
         to trade on the OTC-Bulletin Board, or any recognized Stock Exchange,
         without restriction, and diligently pursue such registration after
         Closing.

                  (c)      After Closing, May will escrow the sum of Three
         Hundred Thousand Dollars ($300,000) collected from the Accounts
         Receivable (the "Accounts Receivable Escrow") in an interest bearing
         escrow account with American Escrow Company, 2626 Howell Street, 10th
         Floor, Dallas, Texas, 75204, Attention: Ms. Paulette Hubbard (the
         "Escrow Agent") to be held in trust for the benefit of Shareholder
         pursuant to the terms of this Section 4.8 (c), and separate escrow
         instructions to be executed at Closing between and among May, HSNS, and
         the Escrow Agent. In the event that the S-1 HSNS Shares do not trade on
         the OTC-Bulletin Board, or any recognized Stock Exchange, on or before
         the expiration of ninety (90)

                                      -28-
<PAGE>   29

         days from Closing, the Escrow Agent shall pay the Accounts Receivable
         Escrow to the Shareholder in lieu of the HSNS shares delivered to him
         pursuant to Section 1.2(c), and Shareholder shall return such HSNS
         shares to HSNS.

                  (d)      In the event that the S-1 HSNS Shares do not trade on
         the OTC-Bulletin Board, or any recognized Stock Exchange, on or before
         January 1, 2001, HSNS shall, at the election of Shareholder repurchase
         the HSNS Shares delivered to the Shareholder pursuant to Sections
         1.2(b) from Shareholder for the sum of Five Hundred Seventy-Six
         Thousand Dollars ($576,000), payable in one (1) installment of One
         Hundred Fifty Thousand and no/100 Dollars ($150,000) on January 1,
         2001, and five (5) equal monthly installments of Eighty Five Thousand
         Two Hundred and no/100 Dollars ($85,200) each, the first such
         installment being due and payable on February 1, 2001, and the last
         installment on June 1, 2001.

                  (e)      The HSNS Shares delivered to the Shareholder pursuant
         to Sections 1.2(a) (the "Rule 144 HSNS Shares"), will become eligible
         for sale under Rule 144 promulgated by the SEC under the Securities
         Act. Until such shares shall become eligible for sale, HSNS shall use
         its best efforts to effect a "piggy back" registration of the Rule 144
         HSNS Shares, in the event that HSNS initiates a secondary offering of
         its shares, other than the Registration Statement.

         Section 4.9       MAY TRANSFER RESTRICTIONS; REGISTRATION RIGHTS. The
May Shares to be delivered to HSNS pursuant to this Agreement have not been
registered under the Securities Act or under the securities laws of any state.
HSNS shall not sell, transfer, pledge or hypothecate such May Shares in the
absence of an effective registration statement under the Securities Act and such

                                      -29-
<PAGE>   30

registration or qualification as may be required under state securities laws, or
an exemption from registration or qualification thereunder. The certificate or
certificates evidencing May Shares delivered to HSNS pursuant to this Agreement
shall bear substantially the following legend:

         The shares evidenced by this certificate have not been registered under
         the Securities Act of 1933, as amended, or under the securities laws of
         any state. The shares may not be sold, transferred, pledged or
         hypothecated in the absence of an effective registration statement
         under the Securities Act of 1933, as amended, and such registration or
         qualification as may be necessary under the securities laws of any
         state, or an opinion of counsel satisfactory to Douglas May & Co., Inc.
         that such registration or qualification is not required.

         Section 4.10      JOINT PROSECUTION OF X-STREAM CAUSES OF ACTION. After
Closing, Shareholder and May will enter into a joint prosecution agreement
(hereinafter so called), which will provide that May will proceed to collect the
amounts owed for the work done reflected on the X-Stream Invoices, and
compensation and damages for the intellectual property, if any, owned by May
pertaining to such work. All attorneys' fees and costs shall be paid by May. In
the event of a recovery, the Shareholder shall receive fifty percent (50%) of
the net recovery, after payment of attorney's fees and expenses.

                                    ARTICLE V
                              CONDITIONS TO CLOSING

         Section 5.1       CONDITIONS TO OBLIGATIONS OF HSNS. The obligations of
HSNS to purchase the May Shares are subject to the satisfaction (or waiver by
HSNS) as of the Closing of the following conditions:

                  (a)      PERFORMANCE OF THIS AGREEMENT. All the terms,
         covenants and conditions of this Agreement to be complied with and
         performed by the Shareholder on or before the

                                      -30-
<PAGE>   31

         Closing Date shall have been fully complied with and performed in all
         material respects.

                  (b)      ACCURACY OF REPRESENTATIONS AND WARRANTIES. The
         representations and warranties of the Shareholder set forth in Section
         3.1 shall be true and correct both on the date of this Agreement and as
         of the Closing Date with the same force and effect as if such
         representations and warranties were made anew at and as of the Closing
         Date, except: (i) to the extent such representations and warranties are
         by their express provisions made as of the date of this Agreement or
         another specified date; and (ii) for the effect of any activities or
         transactions that may have taken place after the date of this Agreement
         and that are expressly contemplated by this Agreement.

                  (c)      NO MATERIAL ADVERSE CHANGE. Since the date of this
         Agreement, there shall have been no material adverse change in the
         financial condition, results of operations or business of May.

                  (d)      LITIGATION. No action or proceeding shall have been
         instituted before any court or governmental body by any third party to
         restrain or prohibit, or to obtain damages in respect of, the
         consummation of the transactions contemplated by this Agreement. No
         party to this Agreement shall have received written notice from any
         governmental body of (i) its intention to institute any action or
         proceeding to restrain or enjoin or nullify this Agreement or the
         transactions contemplated hereby, or to commence any investigation into
         the consummation of the transactions contemplated by this Agreement or
         (ii) the actual commencement of such an investigation.

                  (e)      OFFICERS' CERTIFICATE. May shall have furnished to
         HSNS a certificate dated the Closing Date, signed by its chief
         executive officer and its chief financial officer, to the

                                      -31-
<PAGE>   32

         effect that, to the knowledge and belief of each of them, the
         conditions set forth in Sections 5.1(a) through (d) have been
         satisfied.

                  (f)      OTHER DOCUMENTS. HSNS shall have received from the
         Shareholder all resolutions, documents and instruments incidental to
         the transactions contemplated hereby, or copies thereof, certified if
         requested, as its counsel shall have reasonably requested.

                  (g)      GOVERNMENTAL APPROVAL. All required governmental
         approvals or consents shall have been obtained from the appropriate
         governmental authorities in those jurisdictions in which the failure to
         obtain such approvals or consents would materially adversely affect the
         operations of the Business in such jurisdictions.

         Section 5.2       CONDITIONS TO OBLIGATIONS OF THE SHAREHOLDER. The
obligations of the Shareholder to sell the May Shares are subject to the
satisfaction (or waiver by the Shareholder) as of the Closing of the following
conditions:
                  (a)      PERFORMANCE OF THIS AGREEMENT. All the terms,
         covenants and conditions of this Agreement to be complied with and
         performed by HSNS on or before the Closing Date shall have been fully
         complied with and performed in all material respects.

                  (b)      ACCURACY OF REPRESENTATIONS AND WARRANTIES. The
         representations and warranties of HSNS set forth in Section 3.2 shall
         have been true and correct both on the date of this Agreement and as of
         the Closing Date with the same force and effect as if such
         representations and warranties were made anew at and as of the Closing
         Date.

                  (c)      NO MATERIAL ADVERSE CHANGE. Since the date of this
         Agreement, there shall have been no material adverse change (other than
         an event or condition generally applicable to businesses similarly
         situated in HSNS) in the financial condition, results of operations, or

                                      -32-
<PAGE>   33

         business of HSNS.

                  (d)      LITIGATION. No action or proceeding shall have been
         instituted before any court or governmental body by any third party to
         restrain or prohibit, or to obtain damages in respect of, the
         consummation of the transactions contemplated by this Agreement. No
         party to this Agreement shall have received written notice from any
         governmental body of (i) its intention to institute any action or
         proceeding to restrain or enjoin or nullify this Agreement or the
         transactions contemplated hereby, or to commence any investigation into
         the consummation of the transactions contemplated by this Agreement or
         (ii) the actual commencement of such an investigation.

                  (e)      OFFICERS' CERTIFICATE. HSNS shall have furnished to
         the Shareholder a certificate dated the Closing Date, signed by its
         chief executive officer and secretary, to the effect that, to the
         knowledge and belief of each of them, the conditions set forth in
         Section 5.2(a) through (d) have been satisfied.

                  (f)      DIRECTORS' RESOLUTION. HSNS shall have furnished to
         the Shareholder a certified copy of a resolution duly adopted by it
         Board of Directors, ratifying and approving this Agreement and all
         other agreements and instruments entered into by HSNS in connection
         herewith.

                  (g)      GOVERNMENTAL APPROVALS. All required governmental
         approvals or consents required for the sale of the May Shares shall
         have been obtained from appropriate Governmental Authorities.

                  (h)      OTHER DOCUMENTS. The Shareholder shall have received
         from HSNS all such resolutions, documents and instruments incidental to
         the transactions contemplated hereby,

                                      -33-
<PAGE>   34

         or copies thereof, certified if requested, as its counsel shall have
         reasonably requested.

                                   ARTICLE VI

                                   TERMINATION

         Section 6.1       TERMINATION. This Agreement may be terminated at any
time prior to Closing:

                  (a)      By mutual consent of HSNS and the Shareholder;

                  (b)      By HSNS if any of the conditions specified in Section
         5.1 hereof shall not have been fulfilled by July 31, 2000, or an event
         or circumstance has occurred or arisen that would render the
         satisfaction of any of such conditions impossible and such condition or
         conditions shall not have been waived by HSNS; or

                  (c)      By the Shareholder if any of the conditions specified
         in Section 5.2 hereof shall not have been fulfilled by July 31, 2000,
         or an event or circumstance has occurred or arisen that would render
         the satisfaction of any of such conditions or conditions impossible and
         such condition or conditions shall not have been waived by Shareholder.

         Section 6.2       NO LIABILITY. In the event of termination of this
Agreement by HSNS or the Shareholder, as provided in Section 6.1, this Agreement
shall forthwith terminate and there shall be no liability on the part of HSNS or
the Shareholder or their respective officers, directors or agents. None of the
parties shall have any obligation or liability of any nature whatsoever to the
other parties hereto, and all expenses incurred by any party hereto shall be for
its own account, except for the obligations of the parties in Section 4.2, which
shall survive the termination and except as may otherwise be specifically
provided in this Agreement; provided, however, that no party hereto shall be
deemed to have waived any rights it may have arising from the willful default of
another party hereto.

                                      -34-
<PAGE>   35
                                  ARTICLE VII

                                 INDEMNIFICATION

         Section 7.1       INDEMNIFICATION BY HSNS. HSNS shall indemnify, defend
and hold the Shareholder harmless from and against any and all claims, actions,
suits, demands, assessments, judgments, losses, liabilities, damages, costs and
expenses (including, without limitation, reasonable attorneys' fees to the
extent permitted by law, and accounting fees and investigation costs)
(collectively, "Liabilities") that may be incurred by the Shareholder arising
out of or relating to any breach of any representation, warranty, covenant,
obligation or agreement of HSNS contained herein.

         Section 7.2       INDEMNIFICATION BY THE SHAREHOLDER.

                  (a)      The Shareholder shall indemnify, defend and hold HSNS
         harmless from and against any and all Liabilities that may be incurred
         by HSNS arising out of, or relating to, any breach of any
         representation, warranty, covenant, obligation or agreement of the
         Shareholder contained herein.

                  (b)      The Shareholder shall defend and hold HSNS harmless
         from and against all Liabilities relating to, based in whole or in part
         on events or conditions with, or arising out of, any dispute for
         services rendered or goods manufactured or provided by May prior to
         Closing, including, without limitation, product warranty and product
         liability claims, and claims for refunds, returns, personal injury and
         property damage.

                                  ARTICLE VIII

                                 MISCELLANEOUS

         Section 8.1       AMENDMENTS. This Agreement may be amended only by a
writing executed by HSNS and the Shareholder.

                                      -35-
<PAGE>   36

         Section 8.2       ENTIRE AGREEMENT. This Agreement and the other
agreements expressly provided for herein set forth the entire understanding of
the parties hereto and supersede all prior contracts, agreements, arrangements,
communications, discussions, representations and warranties, whether oral or
written, between the parties.

         Section 8.3       GOVERNING LAW. This Agreement shall in all respects
be governed by and construed in accordance with the laws of the State of North
Carolina.

         Section 8.4       NOTICES. Any notice, request or other communication
required or permitted hereunder shall be in writing and shall be deemed to have
been duly given (a) upon receipt when delivered by hand or sent by courier,
facsimile transmission or telex, or (b) three calendar days after being mailed
by first class mail, postage prepaid, to the parties at their respective
addresses set forth below.

     To the Shareholder:           Douglas May
                                   Douglas May & Co., Inc.
                                   1600 Pacific Avenue, Suite 1525
                                   Dallas, Texas 75201

     With a copy to:               Mark Frels
                                   Short, How, Frels & Heitz, P.C.
                                   1600 Pacific Avenue
                                   Suite 1400, LB C-9
                                   Dallas, Texas  75202

     To HSNS:                      High Speed Net Solutions, Inc.
                                   Attention:  Robert Lowrey
                                   434 Fayetteville Street, Suite 2120
                                   Raleigh, North Carolina  27601

     With a copy to:               Doris R. Bray, Esq.
                                   Schell Bray Aycock Abel & Livingston P.L.L.C.
                                   230 North Elm Street, Suite 1500
                                   Greensboro, North Carolina  27401

Any party by written notice to the other may change the address or the persons
to whom notices or copies

                                      -36-
<PAGE>   37

thereof shall be directed.

         Section 8.5       COUNTERPARTS. This Agreement may be executed in any
number of counterparts, each of which shall be deemed to be an original, and all
of which together will constitute one and the same instrument.

         Section 8.6       ASSIGNMENT; AFFILIATES. This Agreement shall be
binding upon and inure to the benefit of the successors, heirs, representatives
and assigns of each party hereto, but no rights, obligations or liabilities
hereunder shall be assignable by any party without the prior written consent of
the other party; PROVIDED, HOWEVER, that HSNS may assign any of its rights,
obligations or liabilities hereunder to any affiliate of HSNS provided that HSNS
guarantees the performance of such affiliate. For purpose of this Agreement, the
term "affiliate" means any person, firm or corporation which directly, or
indirectly through one or more intermediaries, controls, is controlled by, or is
under common control with, the person specified.

         Section 8.7       WAIVERS. Any waiver by any party of any violation of,
breach of or default under any provision of this Agreement or any other
agreements provided for herein, by the other party shall not be construed as, or
constitute, a continuing waiver of such provision, or waiver of any other
violation of, breach of or default under any other provision of this Agreement
or any other agreements provided for herein.

         Section 8.8       THIRD PARTIES. Nothing expressed or implied in this
Agreement is intended, or shall by construed, to confer upon or give any person
or entity other than HSNS and the Shareholder any rights or remedies under or by
reason of this Agreement.

         Section 8.9       SCHEDULES AND EXHIBITS. The Schedules and Exhibits
attached to this Agreement

                                      -37-
<PAGE>   38

are incorporated herein and shall be part of this Agreement for all purposes.

         Section 8.10      HEADINGS. The headings in this Agreement are solely
for convenience of reference and shall not be given any effect in the
construction or interpretation of this Agreement.

         IN WITNESS WHEREOF, the Shareholder has executed this Agreement, and
HSNS has caused its duly authorized representative to execute this Agreement, as
of the date first above written.

                         HIGH SPEED NET SOLUTIONS, INC.

                         By: /s/ Andrew Fox
                            ---------------------------
                         Name: Andrew Fox
                         Title: Acting President and CEO

                          /s/ Douglas D. May
                         -------------------------------
                         Douglas D. May

                                      -38-<PAGE>   1
                                                                   Exhibit 10.09

                      AGREEMENT FOR TRANSFER OF ALL RIGHTS
                     AND RESERVATION OF LICENSES IN SOFTWARE

        THIS TRANSFER AGREEMENT (the "Agreement") is made and entered into, and
is effective as of September 4, 2000, by and among PLUSSTATION, LLC, a
Massachusetts limited liability company ("PlusStation"), NIKSA RADOVIC
("Radovic") and JASON CLEMENT ("Clement"), each an individual and together
constituting all of the members and managers of PlusStation, and SUMMUS, LTD., a
Delaware corporation (hereinafter "Summus"), having an address for purposes of
this Agreement at 434 Fayetteville Street Mall, Suite 600, Raleigh, North
Carolina 27601.

                                   WITNESSETH:

         WHEREAS, PlusStation is the exclusive owner of all U.S. and foreign
copyrights and other intellectual property and proprietary rights in and to the
Software (as defined in Exhibit A attached hereto); and

         WHEREAS, Radovic and Clement are the sole members and managers of
PlusStation and all benefits and consideration given to PlusStation inures to
their benefit; and

         WHEREAS, Summus wishes to acquire all of the right, title and interest
in and to the Software and thereafter conduct the Business exclusively for
Summus' benefit; and

         WHEREAS, PlusStation wishes to reserve a license to the Software that
will allow PlusStation to continue to conduct business that is not competitive
with the Business; and

         WHEREAS, Radovic and Clement are each presently employed by Summus as
product development engineers whose principal job function is the development
and creation of new software products;

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

(1) CERTAIN DEFINITIONS. When used in this Agreement, capitalized terms shall
have the meanings set forth on Exhibit A attached hereto.

(2) CONVEYANCE OF THE CONVEYED RIGHTS; RETENTION OF LICENSE.

     (a) Subject to the provisions of this Agreement, PlusStation hereby
     conveys, delivers, sells, transfers, and assigns to Summus all of the
     Conveyed Rights, and Summus hereby accepts such Conveyance, effective
     immediately.
<PAGE>   2
     (b) Upon receipt of the Conveyed Rights, Summus hereby grants to
     PlusStation, but only in the Field of Use, an exclusive worldwide,
     royalty-free, transferable (subject to the restrictions below), perpetual,
     and irrevocable right and license to use, execute, reproduce, display,
     perform, sublicense, distribute, and prepare Derivative Works based on, the
     Software, and to authorize others to do some or all of the foregoing and
     PlusStation hereby accepts such right and license, subject to the following
     restrictions:

     (i)  PlusStation shall not offer (by sublicense, transfer, or otherwise) to
          Customers the Software or any Substantially Equivalent Software for
          intended use outside the Field of Use, or (2) use or authorize others
          to use the Software or any Substantially Equivalent Software in
          competition with the Business of Summus; and

     (ii) PlusStation and Summus acknowledge their mutual intent to restrict
          PlusStation's license rights to the Field of Use. Both parties further
          acknowledge that the Software would be usable as a substitute for
          Summus' products outside the Field of Use for Customers. Accordingly,
          PlusStation agrees that it shall not sell, license or sublicense the
          Software to any Customer of Summus without the prior written consent
          of Summus, which consent shall not be unreasonably withheld; provided,
          however, that license or sublicense restricted to the Field of Use to
          a Customer shall be permissible under this paragraph provided that
          PlusStation notifies Summus in writing of such Customer.

          PlusStation shall be entitled to receive one (1) copy of the source
     code to the Software, as it then exists and for the purpose of the license
     granted above, as of the effective date of the termination of employment
     with Summus of both Radovic and Clement, or at such earlier time as the
     parties shall mutually agree.

          PlusStation may transfer the exclusive license granted above, upon
     thirty (30) days' prior written notice to Summus of such proposed transfer,
     provided that (i) the transferee is not a direct competitor of Summus, and
     (ii) that the exclusive license transferred shall not permit sublicensing
     or subsequent transfer by the transferee.

(c) PlusStation, Radovic and Clement each agree to execute and deliver such
further instruments, and take such further actions, as may be reasonably
requested by the other party in order to evidence more fully the conveyance of
the Conveyed Rights in favor of Summus hereunder, and the license granted to
PlusStation hereunder, provided that such further instruments and actions shall
not, unless otherwise agreed, require either party to incur any obligation in
addition to the obligations undertaken or assumed elsewhere in this Agreement.

(d) If, prior to payment in full of amounts payable pursuant to Section 3 below,
liquidation proceedings under federal or state bankruptcy laws is instituted
against Summus, which proceedings are not terminated within one hundred and
twenty (120) days after their commencement, PlusStation shall be granted
automatically, without need of further action by

                                       2
<PAGE>   3
     any party hereto, a nonexclusive worldwide, royalty-free, transferable,
     perpetual, and irrevocable right and license to use, execute, reproduce,
     display, perform, sublicense, distribute, and prepare Derivative Works
     based on, the Software, and to authorize others to do some or all of the
     foregoing on its behalf. Upon payment in full of amounts payable pursuant
     to Section 3 hereof, this Section 2(d) shall be of no further force or
     effect.

(3) PAYMENT. In consideration of the Conveyance, Summus will pay to PlusStation
the sum of Two Hundred Thousand Dollars ($200,000.00), payable in eight (8)
equal, consecutive quarterly payments of $25,000.00 beginning December 30, 2000.
Each installment payment shall be made on the last business day of each calendar
quarter until paid in full. Payment shall be made, at PlusStation's option, by
check or wire transfer to a bank account designated in writing by PlusStation.
Radovic and Clement, as the sole members of PlusStation, hereby acknowledge that
the payments provided for hereunder inure to their benefit and are sufficient
consideration for their entering into this Agreement and any related documents,
instruments or agreements.

(4) DELIVERY

     (a) At Closing, PlusStation shall deliver to Summus the following:

          (i)  a master copy of the Software, or any other relevant
               documentation or media that evidences or supports the Software,
               including both object code and source code forms of programming,
               any system or user documentation, and any design or development
               specifications pertaining thereto, if any, as then existing, or
               such portion thereof as the other party may request. Such
               documentation and media shall include, to the extent the same
               exist, the source code, system documentation, statements of
               principles of operation, and schematics for the Software, as well
               as any pertinent commentary or explanation that may be necessary
               to render such Software understandable and usable by a trained
               computer programmer. For a reasonable period following the
               Closing until delivery of the Software is complete under the
               preceding paragraph, the parties shall mutually establish and
               conform to reasonable requirements for technical and functional
               documentation with respect to the preparation and retention of
               the Software.

          (ii) A certified copy of the resolutions adopted by the members and
               manager(s) of PlusStation authorizing the execution and delivery
               of this Agreement and the transactions contemplated hereby,
               certified by the Manager of PlusStation;

          (iii) A Certificate of Good Standing of PlusStation issued by the
               Secretary of State of Massachusetts as of a recent date;

                                       3
<PAGE>   4
          (iv) Copies of the Articles of Organization and Operating Agreement of
               PlusStation certified by the Manager;

          (v)  A quit claim agreement, in the form attached as Exhibit C hereto,
               regarding all rights in and to the Software executed and
               delivered by all members of PlusStation;

          (vi) Such other instruments of assignment, conveyance or transfer from
               PlusStation and/or its members and managers as Summus may
               reasonably request.

(5) REPRESENTATIONS AND WARRANTIES. PlusStation, Radovic and Clement, jointly
and severally, represent and warrant that:

     (a) PlusStation is a limited liability company duly organized, validly
     existing and in good standing under the laws of the state of Massachusetts.
     PlusStation has all requisite limited liability company power and authority
     to own, operate, and use its properties and assets and to carry on its
     business as it now being conducted.

     (b) The execution, delivery and performance of this Agreement by
     PlusStation and the consummation of the transactions contemplated hereby
     have been duly authorized by all requisite company action; the Agreement
     constitutes the legal, valid, and binding obligation of PlusStation,
     enforceable in accordance with its terms (except to the extent enforcement
     is limited by bankruptcy, insolvency, reorganization or other laws
     affecting creditors' rights generally and by general principles of equity);
     and this Agreement and performance hereunder do not violate or constitute a
     breach under any organizational document of PlusStation or any contract,
     other form of agreement, or judgment or order to which it is a party or by
     which it is bound.

     (c) Upon execution of this Agreement, PlusStation shall convey to Summus
     good and marketable title to the Software, free and clear from all liens,
     encumbrances or claims of third parties, of whatever nature or kind.

     (d) Except for any Third-Party Software that is specifically identified by
     PlusStation and is included or incorporated in the Software, the Conveyed
     Rights constitute all Software required by Summus for the operation of the
     Business in the manner currently conducted by Summus and as presently
     planned by Summus.

     (e) PlusStation has full and sufficient right and authority to grant Summus
     the rights, licenses, and/or interests in and to the Conveyed Rights as
     provided in this Agreement. The conveyance of the Conveyed Rights, exercise
     of the Conveyed Rights by Summus, and delivery of the Software in
     accordance with this Agreement do not and will not infringe or abridge any
     third-party interest in any intellectual property right in or related to
     the Software.

                                       4
<PAGE>   5
     (f) No claim (whether or not embodied in any action, past or present) of
     infringement of any intellectual property involving or concerning the
     Conveyed Rights or the Software has been threatened or asserted against
     PlusStation, and no such claim is pending against PlusStation, and neither
     PlusStation, Radovic nor Clement has any knowledge of any basis for such a
     claim.

     (g) Virus Free; No Disabling Code. The Software delivered under this
     Agreement shall contain no viruses. The Licensed Software does not and will
     not contain any computer code that would disable the Software or impair in
     any way its operation based on the elapsing of a period of time, exceeding
     an authorized number of copies, advancement to a particular date or other
     numeral, or other similar self-destruct mechanisms (sometimes referred to
     as time bombs", "time locks", or "drop dead" devices) or that would permit
     any party to access the Software to cause such disablement or impairment
     (sometimes referred to as a "trap door" device). In the event of a breach
     or alleged breach of this paragraph, Summus shall not have an adequate
     remedy at law and that Summus shall consequently be entitled to seek a
     temporary restraining order, injunction, or other form of equitable relief
     against the continuance of such breach, without need of bond, in addition
     to any and all remedies to which Summus shall be entitled.

(6) EMPLOYMENT STATUS. Radovic and Clement acknowledge their status a employees
of Summus as of the date hereof, and further acknowledge and agree that this
Agreement does not limit or diminish the rights, duties, and obligations of each
of them and Summus within the employee/employer relationship, including without
limitation, any rights of the employer to the inventions and developments of its
employees. This Agreement does not expand, diminish, modify or amend the terms
of any other agreements between Radovic, Clement and Summus regarding their
employment.

(7) PROTECTION AND DEFENSE.

     (a) Summus may, in its discretion and at its expense, take such action from
     time to time after the Closing Date as may be reasonable or appropriate, in
     its judgment, to protect and preserve its title and interest in the
     Copyrights included in the Conveyed Rights, including by compliance to the
     extent Summus deems reasonable or appropriate, in its judgment, with
     applicable laws and regulations respecting the continuing registration of
     any registered copyrights and by seeking to enjoin any infringement by
     third parties of the intellectual property represented by the Software.

     (b) Summus shall be solely entitled to determine and carry out, in its
     discretion, the course of action, if any, that may be appropriate for
     responding to instances of infringement by third parties of the Copyrights
     included in the Conveyed Rights or violations of Summus' rights with
     respect to the Software after the Closing Date. In such regard, Summus
     shall have no

                                       5
<PAGE>   6
     obligation to PlusStation regarding Summus' decision whether to take action
     or regarding any course of action Summus may choose to take.

(8) INFORMATION EXCHANGE.

     (a) In connection with the delivery of the Software, PlusStation shall
     furnish to Summus, pursuant to Section (4) of this Agreement, and Summus
     may use, Confidential Information associated with the Software.

     (b) Each party shall use ordinary care consistent with normal business
     practice to maintain the confidentiality of the Confidential Information.

(9) INDEMNIFICATION. PlusStation, Radovic and Clement, jointly and severally,
shall indemnify and hold harmless Summus, and its directors, officers,
employees, agents, successors, assigns, licensees and customers against any and
all claims, penalties, losses, liabilities, judgments, settlements, awards, and
damages (but excluding legal fees, expert witness fees and expenses) arising out
of or related to any claim of patent, trademark or copyright infringement and
claims of unfair competition or trade secret violation arising out of the sale,
possession or use of the Software, and any claims arising out of or related to
any material breach of PlusStation's representations and warranties contained
herein (collectively "Claims"). Summus may offset against any amount(s) owed by
it to PlusStation hereunder the amount of any unpaid indemnification obligation
of PlusStation under this paragraph.

(10) MISCELLANEOUS.

     (a) PLUSSTATION SPECIFICALLY DISCLAIMS ANY WARRANTY OF MERCHANTABILITY OR
     FITNESS FOR A PARTICULAR PURPOSE.

     (b) The provisions of this Agreement constitute the entire agreement
     between the parties and supersede all prior agreements, oral or written,
     and all other communications relating to the subject matter hereof.

     (c) This Agreement shall be binding on and shall inure to the benefit of
     the parties hereto, and their successors or assigns. PlusStation, Radovic
     and Clement may not assign any of their respective rights or obligations
     hereunder without the prior written consent of Summus.

     (d) The headings found in this Agreement are for reference purposes only
     and are to be given no effect in the construction of this Agreement.

     (e) This Agreement may be executed in counterparts, each of which shall be
     an original and all of which shall together constitute one and the same
     instrument.

                                       6
<PAGE>   7
     (f) Any provision of this Agreement that is prohibited or unenforceable in
     any jurisdiction shall, as to such jurisdiction, be ineffective to the
     extent of such prohibition or unenforceability without invalidating the
     remaining provisions hereof or affecting the validity or enforceability of
     such provision in any other jurisdiction.

     (g) Nothing herein shall make any person or entity not a party hereto a
     beneficiary hereof.

     (h) This Agreement shall be governed by the laws of the State of North
     Carolina, without giving effect to conflicts of laws principles.

     (i) Any controversy or claim arising out of or relating to this Agreement,
     or the breach thereof, shall be settled by binding arbitration administered
     by the American Arbitration Association ("AAA") under its Commercial
     Arbitration Rules (the "Rules"), before a single arbitrator selected in
     accordance with the Rules. Arbitration shall be conducted in Raleigh, North
     Carolina, at a site selected by the arbitrator. Any judgment on the award
     rendered by the arbitrator may be entered in any court of competent
     jurisdiction.

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

                                       7
<PAGE>   8
         IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
executed by their respective authorized representatives as of the date first
above written.

                                     PLUSSTATION, LLC
                                     a Massachusetts limited liability company

                                     By:  Member
                                         -----------------------------------
                                         Title: Member/Manager

                                      /s/ Niksa Radovic
                                     ---------------------------------------
                                     Niksa Radovic

                                     By signing this Agreement, the above person
                                     represents that he has read the Agreement
                                     and understands its terms and restrictions,
                                     and has had the opportunity to seek legal
                                     counsel in relation to this Agreement.

                                      /s/ Jason Clement
                                     ---------------------------------------
                                     Jason Clement

                                     By signing this Agreement, the above person
                                     represents that he has read the Agreement
                                     and understands its terms and restrictions,
                                     and has had the opportunity to seek legal
                                     counsel in relation to this Agreement.

                                     BUYER

                                     SUMMUS, LTD.

                                     By:  /s/ Gary Ban
                                         -----------------------------------

                                     Title:  Chief Operating Officer
                                            --------------------------------

                    [Notary Acknowledgments Follow This Page]

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