Document:

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                                                                    EXHIBIT 10.2

                                   Exhibit A

                                PLAN OF MERGER

     THIS PLAN OF MERGER (this "Plan of Merger"), dated as of March 31, 2000,
is among Zee, Inc., a Wyoming corporation ("Company"), and Callmate Telecom
International, Inc., a Florida corporation (the "Parent") (collectively
"Constituent Corporations").

     WHEREAS, Parent owns 100% of the shares of the Company and the parties
thereto have agreed to the merger of the Company with and into Parent; and

     WHEREAS, Parent, as the sole shareholder of the Company and, the respective
Boards of Directors of Parent and the Company,) have each approved the merger
of the Company into Parent in accordance with the Florida Business Corporation
Act (the "BCA") and

     WHEREAS, this Plan of Merger shall be filed with Articles of Merger with
the Secretaries of State of Florida and Wyoming in order to consummate the
merger of the Company with and into Parent; and

     WHEREAS, Parent and the Company have agreed to execute and file this Plan
of Merger as provided under the Florida BCA and Wyoming law.

     NOW, THEREFORE, in consideration of the premises and the mutual covenants
herein contained, Parent and the Company hereby agree as follows:

     1.   The Merger. At the Effective Time (as defined in Section 1.3 hereof),
          ----------
in accordance with this Plan of Merger, and Wyoming Law and the BCA, the Company
shall be merged (such merger being herein referred to as the "Merger") with and
into the Parent, the separate existence of the Company shall cease, and Parent
shall continue as the surviving corporation. Parent hereinafter sometimes is
referred to as the "Surviving Corporation."

     2.   Effect of the Merger. When the Merger has been effected, the Surviving
          --------------------
Corporation shall retain the name "Callmate Telecom International, Inc."; and
the Surviving Corporation shall thereupon and thereafter possess all the rights,
privileges, powers and franchises of a public as well as of a private nature,
and be subject to all the restrictions, disabilities and duties of each of the
Corporations; and all and singular, the rights, privileges, powers and
franchises of each of the Constituent Corporations and all property, real,
personal and mixed, and all debts due to either of the Corporations on whatever
account, as well for stock subscriptions as all other things in action or
belonging to each of such corporations shall be vested in the Surviving
Corporation; and all property, rights, privileges, powers and franchises, and
all and every other interest shall be thereafter as effectually the property of
the Surviving Corporation as they were of the Constituent Corporations, and the
title to any real estate vested by deed or
<PAGE>

otherwise, in any such Constituent Corporations, shall not revert or be in any
way impaired by reason of the Merger, but all rights of creditors and all liens
upon any property of any of said Constituent Corporations shall be preserved
unimpaired, and all debts, liabilities and duties of the respective Constituent
Corporations shall thenceforth attach to the Surviving Corporation, and may be
enforced against it to the same extent as if said debts, liabilities and duties
had been incurred or contracted by it.

     3.   Consummation of the Merger. The parties hereto will cause the Merger
          --------------------------
to be consummated by filing with the Secretary of State of Florida and Wyoming
an article of merger and this Plan of Merger in such form as required by, and
executed in accordance with, the relevant provisions of the Wyoming Law and the
Florida BCA (the time of such filing being the "Effective Time" and the date of
such filing being the "Effective Date").

     4.   Articles of Incorporation; Bylaws; Directors and Officers. The
          ---------------------------------------------------------
Articles of Incorporation and bylaws of the Surviving Corporation shall be
identical with the Articles of Incorporation and bylaws of the Parent as in
effect immediately prior to the Effective Time until thereafter amended as
provided therein and under the Florida Law.

     5.   Conversion of Securities. At the Effective Time, by virtue of the
          ------------------------
Merger and without any action on the part of Parent, the Company or the holder
of any of the shares (the "Shares") of common stock, (the "Common Stock") of the
Company:

     (a)  Each Share issued and outstanding immediately prior to the Effective
Time shall remain as issued and outstanding common stock of parent without
change.

     (b)  Each Share which is held in the treasury of the Company or which is
owned by any direct or indirect subsidiary of the Company shall be canceled and
retired, and no payment shall be made with respect thereto.

    (c)   Each outstanding or authorized subscription, option, warrant, call,
right (including any preemptive right), commitment, or other agreement of any
character whatsoever which obligates or may obligate the Parent to issue or sell
any additional shares of its capital stock or any securities convertible into or
evidencing the right to subscribe for any shares of its capital stock or
securities convertible into or exchangeable for such shares, if any, shall
remain unchanged.

    (d)   Each share of Common Stock of Company issued and outstanding
immediately prior to the Effective Time shall be retired into treasury, of the
Surviving Corporation.

    (e)   No Fractional Shares and no certificates or scrip representing such
fractional Merger Shares, shall be issued;
<PAGE>

     6.   Taking of Necessary Action; Further Action. Each of Parent, and the
          ------------------------------------------
Company shall use all reasonable efforts to take all such actions as may be
necessary or appropriate in order to effectuate the Merger under the Florida
Law, Wyoming law or federal law as promptly as possible. If, at any time after
the Effective Time, any further action is necessary or desirable to carry out
the purposes of the Agreement and to vest the Surviving Corporation with full
right, title and possession to all assets, property, rights, privileges, powers
and franchises of either of the Constituent Corporations, the officers and
directors of the Surviving Corporation are fully authorized in the name of their
corporation or otherwise to take, and shall take, all such lawful and necessary
action.

IN WITNESS WHEREOF, Parent, and the Company have caused this Plan of Merger to
be executed as of the date first above written.

                                         CALLMATE TELECOM INTERNATIONAL, INC.
                                         (A Florida corporation)

                                         By /s/ Mahmoud Hashmi
                                           --------------------------

                                         ZEE, INC.
                                         (A Wyoming corporation)

                                         By: /s/ Percy S. Chopping Jr.
                                            -------------------------<PAGE>   1

                                                                    EXHIBIT 10.1

                                                                  EXECUTION COPY

                        TRANSFER AND ASSUMPTION AGREEMENT
                     (FIRST UNION MASTER CREDIT CARD TRUST)

         TRANSFER AND ASSUMPTION AGREEMENT, dated as of September 30, 2000 (this
"Agreement"), by and among First Union Direct Bank, National Association (as
successor to First Union National Bank of Georgia), a national banking
association (the "Bank"), in its individual capacity and as Transferor and
Servicer, The Bank of New York, a banking corporation organized and existing
under the laws of the State of New York, as Trustee (the "Trustee"), and MBNA
America Bank, National Association, a national banking association
("Successor"), as successor Transferor and Servicer pursuant to the Pooling and
Servicing Agreement referred to below.

                                   WITNESSETH

         WHEREAS, the Bank and Trustee are parties to the Pooling and Servicing
Agreement, dated as of September 29, 1995, as amended by the First Amendment to
the Pooling and Servicing Agreement, dated as of February 22, 1996, and as
further amended by the Second Amendment to the Pooling and Servicing Agreement,
dated as of March 31, 1996, and as further amended by the Third Amendment to the
Pooling and Servicing Agreement, dated as of June 13, 1996, and as further
amended by the Fourth Amendment to the Pooling and Servicing Agreement, dated as
of September 1, 1997, and as further amended by the Fifth Amendment to the
Pooling and Servicing Agreement, dated as of August 16, 1999, and as
supplemented by the Supplemental Agreement to the Pooling and Servicing
Agreement, dated as of June 2, 1997, and as further supplemented by the Series
1996-1 Supplement, dated as of March 5, 1996, and as further supplemented by the
Series 1998-A Supplement, dated as of September 28, 1998, and as amended or
supplemented by Assignment No. 1 of Receivables in Additional Accounts, dated as
of March 12, 1997 (collectively, as amended or supplemented from time to time,
the "Pooling and Servicing Agreement"); and

         WHEREAS, the Trustee, the Bank, the CA Investors named therein
including The Sanwa Bank, Limited, New York Branch, and The Sanwa Bank, Limited,
New York Branch, as agent, are the parties to the Loan Agreement, dated as of
March 5, 1996 (as amended or supplemented from time to time, the "Loan
Agreement") relating to Series 1996-1; and

         WHEREAS, the Bank, Corporate Asset Funding Company, Inc., as the
Purchaser (the "Purchaser"), and Citicorp North America, Inc., as Certificate
Agent for the Purchaser and the Owners (the "Class A Certificate Agent"), are
parties to the Certificate Purchase Agreement, dated as of September 28, 1998
(as amended or supplemented from time to time, the "Certificate Purchase
Agreement") relating to Series 1998-A; and

         WHEREAS, the Trustee, the Bank, the CA Investors named therein
including First Union National Bank, and First Union National Bank, as agent
(the "Collateral Agent"), are the parties to the Collateral Agreement, dated as
of September 28, 1998 (as amended or supplemented from time to time, the
"Collateral Agreement") relating to Series 1998-A; and

<PAGE>   2

         WHEREAS, pursuant to a Purchase and Sale Agreement, dated as of August
14, 2000 (the "Purchase and Sale Agreement"), Successor is purchasing from the
Bank, and the Bank is selling to Successor, the assets described in the Purchase
and Sale Agreement; and

         WHEREAS, the parties wish to provide for the assumption by Successor of
the obligations of the Transferor and the Servicer, as contemplated by Sections
7.02 and 8.02 of the Pooling and Servicing Agreement.

         NOW, THEREFORE, the Bank, the Trustee and Successor hereby agree as
follows:

         1.       Defined Terms. All capitalized terms used in this Agreement
without definition and defined in the Pooling and Servicing Agreement shall have
the meanings ascribed to them in the Pooling and Servicing Agreement (including
by way of reference to other documents).

         2.       Assumption of Transferor Obligations. (a) On and after the
date of this Agreement, and pursuant to Section 7.02 of the Pooling and
Servicing Agreement, Successor (i) expressly assumes, undertakes and agrees to
be liable for the performance of each and every covenant and obligation of the
Transferor, mutatis mutandis, and (ii) shall benefit from all rights granted to
the Transferor, under the Pooling and Servicing Agreement; provided, however,
that to the extent that any right, covenant or obligation of the Transferor, as
applicable under the Pooling and Servicing Agreement, is inapplicable to
Successor, Successor shall be subject to such covenant or obligation, or benefit
from such right, as would apply, to the extent practicable, to Successor.

         (b)      On and after the date of this Agreement, the Bank shall be
relieved of all of its obligations as Transferor under the Pooling and Servicing
Agreement, other than obligations arising under the Pooling and Servicing
Agreement prior to the date of this Agreement.

         3.       Assumption of Servicer Obligations. (a) On and after the date
of this Agreement, and pursuant to Section 8.02 of the Pooling and Servicing
Agreement, Successor (i) expressly assumes, undertakes and agrees to be liable
for the performance of each and every covenant and obligation of the Servicer,
mutatis mutandis, and (ii) shall benefit from all the rights granted to the
Servicer, under the Pooling and Servicing Agreement; provided, however, that to
the extent that any right, covenant or obligation of the Servicer, as applicable
under the Pooling and Servicing Agreement, is inapplicable to Successor,
Successor shall be subject to such covenant or obligation, or benefit from such
right, as would apply, to the extent practicable, to Successor.

         (b)      On and after the date of this Agreement, the Bank shall be
relieved of all of its obligations as Servicer under the Pooling and Servicing
Agreement, other than obligations arising under the Pooling and Servicing
Agreement prior to the date of this Agreement.

         (c)      In connection with the assumption by Successor pursuant to
Section 3(a) hereof, the Servicer will transfer to Successor the assets set
forth in Schedule 1.

         4.       The Certificate Purchase Agreement. (a) The Bank hereby
assigns all of its rights and obligations under the Certificate Purchase
Agreement to Successor and, on and after the date of this Agreement, Successor
expressly assumes, undertakes and agrees to be liable for the

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<PAGE>   3

performance of each and every covenant and obligation of the Bank, as Transferor
and Servicer, mutatis mutandis, under the Certificate Purchase Agreement.

         (b)      On and after the date of this Agreement, the Bank shall be
relieved of its obligations under the Certificate Purchase Agreement, other than
obligations arising under the Certificate Purchase Agreement prior to the date
of this Agreement.

         (c)      Pursuant to Section 7.04(b) of the Certificate Purchase
Agreement, the Class A Certificate Agent, acting at the direction of the
Purchaser, hereby consents to the Bank's assignment of all of the Bank's rights
and obligations under the Certificate Purchase Agreement to Successor.

         5.       The Loan Agreement. (a) The Bank, as Transferor and Servicer,
hereby assigns all of its rights and obligations under the Loan Agreement to
Successor and, on and after the date of this Agreement, Successor expressly
assumes, undertakes and agrees to be liable for the performance of each and
every covenant and obligation of the Bank, as Transferor and Servicer, mutatis
mutandis, under the Loan Agreement.

         (b)      On and after the date of this Agreement, the Bank shall be
relieved of its obligations under the Loan Agreement, other than obligations
arising under the Loan Agreement prior to the date of this Agreement.

         (c)      Pursuant to Section 7.09(b) of the Loan Agreement, The Sanwa
Bank, Limited, New York Branch, as the Majority Investor (as defined in the Loan
Agreement), hereby consents to the Bank's assignment of all of the Bank's rights
and obligations under the Loan Agreement to Successor. The Sanwa Bank, Limited,
New York Branch acknowledges that this Agreement satisfies the requirements of
Sections 7.09(b)(i) and (ii) of the Loan Agreement.

         6.       The Collateral Agreement. (a) The Bank, as Transferor and
Servicer, hereby assigns all of its rights and obligations under the Collateral
Agreement to Successor and, on and after the date of this Agreement, Successor
expressly assumes, undertakes and agrees to be liable for the performance of
each and every covenant and obligation of the Bank, as Transferor and Servicer,
mutatis mutandis, under the Collateral Agreement.

         (b)      On and after the date of this Agreement, the Bank shall be
relieved of its obligations under the Collateral Agreement, other than
obligations arising under the Collateral Agreement prior to the date of this
Agreement.

         (c)      Pursuant to Section 7.9(b) of the Collateral Agreement, First
Union National Bank, as the Majority Investor (as defined in the Collateral
Agreement), hereby consents to the Bank's assignment of all of the Bank's rights
and obligations under the Collateral Agreement to Successor. First Union
National Bank acknowledges that this Agreement satisfies the requirements of
Sections 7.9(b)(i) and (ii) of the Collateral Agreement.

         7.       Representations and Warranties.

         (a)      By the Bank. The Bank hereby represents and warrants to
Trustee, on behalf of the Trust (as defined in the Pooling and Servicing
Agreement), and to Successor as follows:

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<PAGE>   4

                  (i)      This Agreement and the Purchase and Sale Agreement
each constitutes a legal, valid and binding obligation of the Bank enforceable
against the Bank in accordance with its terms (except as such enforceability may
be limited by applicable bankruptcy, insolvency, reorganization, moratorium or
other similar laws now or hereafter in effect affecting the enforcement of
creditors' rights in general and the rights of creditors of national banking
associations, and except as such enforceability may be limited by general
principles of equity (whether considered in a suit at law or in equity)).

                  (ii)     The Bank is a national banking association duly
organized, validly existing and in good standing under the federal laws of the
United States of America and has the power and authority to execute and deliver
this Agreement.

                  (iii)    There are no proceedings or investigations pending
or, to the best knowledge of the Bank, threatened against the Bank before any
court, regulatory body, administrative agency or other tribunal or governmental
instrumentality asserting the invalidity of this Agreement or seeking to prevent
the consummation of any of the transactions contemplated by this Agreement.

                  (iv)     All authorizations, consents, orders or approvals or
other actions of any Person or of any court or other governmental authority
required to be obtained by the Bank in connection with the execution and
delivery of this Agreement by the Bank and the performance of the transactions
contemplated by this Agreement by the Bank, have been obtained.

                  (v)      All conditions required under Sections 7.02 and 8.02
of the Pooling and Servicing Agreement (other than the execution and delivery of
this Agreement) and the Certificate Purchase Agreement in connection with the
transactions contemplated by this Agreement have been satisfied.

         (b)      By Successor. Successor hereby represents and warrants to
Trustee, on behalf of the Trust (as defined in the Pooling and Servicing
Agreement), and to the Bank as follows:

                  (i)      This Agreement and the Purchase and Sale Agreement
each constitutes a legal, valid and binding obligation of Successor, enforceable
against Successor in accordance with its terms (except as such enforceability
may be limited by applicable bankruptcy, insolvency, reorganization, moratorium
or other similar laws now or hereafter in effect affecting the enforcement of
creditors' rights in general, and except as such enforceability may be limited
by general principles of equity (whether considered in a suit at law or in
equity)).

                  (ii)     Successor is a national banking association duly
organized, validly existing and in good standing under the federal laws of the
United States of America, has the power and authority to execute and deliver
this Agreement and is a Person eligible to assume and perform the obligations of
the Transferor and the Servicer under the Pooling and Servicing Agreement, the
Certificate Purchase Agreement, the Loan Agreement, the Collateral Agreement and
the transactions contemplated therein.

                  (iii)    There are no proceedings or investigations pending
or, to the best knowledge of Successor, threatened against Successor before any
court, regulatory body, administrative agency or other tribunal or governmental
instrumentality asserting the invalidity

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<PAGE>   5

of this Agreement or seeking to prevent the consummation of any of the
transactions contemplated by this Agreement.

                  (iv)     All authorizations, consents, orders or approvals or
other actions of any Person or of any court or other governmental authority
required to be obtained by Successor in connection with the execution and
delivery of this Agreement by Successor and the performance of the transactions
contemplated by this Agreement by Successor, have been obtained.

         8.       Financing Statements. At or before the Closing Date (as
defined in the Purchase and Sale Agreement), the Bank will execute, file and
deliver to Successor financing statements naming Successor as debtor and the
Trustee as secured party, prepared by the Bank, in the appropriate forms (with
appropriate notations of date and time of filing from the filing office) under
the Uniform Commercial Code in the applicable jurisdiction to give notice of
Successor's interest in the Accounts (as defined in the Purchase and Sale
Agreement). Such financing statements will be filed by the Bank at the
appropriate place or places maintained under applicable law for the financing
statements to be filed for such purposes. To the extent such financing
statements are filed in connection with Section 3.1(d) of the Purchase and Sale
Agreement, this Section 7 will be deemed satisfied.

         9.       Acceptance by Trustee. Trustee hereby accepts the assumption
by Successor of rights and obligations of the Bank as Transferor and Servicer
under the Pooling and Servicing Agreement, and from and after the date of this
Agreement, Successor shall be the Transferor and Servicer thereunder (and as
otherwise contemplated by this Agreement).

         10.      Further Assurances. The Bank agrees to do or take, or cause to
be done or taken, all such things and actions as Successor or Trustee may
reasonably request in order to effect more fully the transfers contemplated by
this Agreement.

         11.      Ratification of Agreements. As supplemented and amended by
this Agreement, the Pooling and Servicing Agreement, the Certificate Purchase
Agreement, the Loan Agreement and the Collateral Agreement are in all respects
ratified and confirmed and each such agreement, as so supplemented and amended
by this Agreement, shall be read, taken and construed as one and the same
instrument.

         12.      Governing Law. THIS AGREEMENT SHALL BE GOVERNED BY AND
CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK WITHOUT GIVING
EFFECT TO ITS CONFLICT OF LAW PROVISIONS.

         13.      Counterparts. This Agreement may be executed in two or more
counterparts, and by different parties on separate counterparts, each of which
shall be an original, but all of which shall constitute one and the same
instrument.

         14.      Effectiveness. This Agreement shall be effective as of the
Effective Time (as such term is defined in the Purchase and Sale Agreement).

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<PAGE>   6

         IN WITNESS WHEREOF, the Bank, the Trustee, Successor, Collateral
Interest Holder, the Certificate Agent and the Collateral Agent have caused this
Agreement to be duly executed by their respective officers as of the day and
year first written above.

                                    FIRST UNION DIRECT BANK, NATIONAL
                                       ASSOCIATION, as Transferor and
                                        Servicer and in its individual capacity

                                    By:   /S/ JAMES H. GILBRAITH II
                                          --------------------------------------
                                          Name:
                                          Title:

                                    THE BANK OF NEW YORK, Trustee

                                    By:   /s/ CASSANDRA SHEDD
                                          --------------------------------------
                                          Name:  CASSANDRA SHEDD
                                          Title: ASSISTANT TREASURER

                                    MBNA AMERICA BANK, NATIONAL ASSOCIATION
                                        Successor Transferor and Servicer

                                    By:   /s/ THOMAS DUNN
                                          --------------------------------------
                                          Name:   Thomas Dunn
                                          Title:  Executive Vice President

CONSENTED TO BY THE MAJORITY INVESTORS
UNDER THE LOAN AGREEMENT

THE SANWA BANK, LIMITED,
NEW YORK BRANCH,
as Majority Investor

By:      /s/ KAZUYA KURANO
         -------------------------------
         Name:  Kazuya Kurano
         Title: Senior Vice President

<PAGE>   7

CONSENTED TO BY THE CLASS A CERTIFICATE AGENT

CITICORP NORTH AMERICA, INC.,
in its capacity as Class A Certificate Agent
for the Class A Certificateholder

By:      /s/ RADFORD C. WEST
         -------------------------------
         Name:  Radford C. West
         Title: Vice-President

CONSENTED TO BY THE MAJORITY INVESTORS
UNDER THE COLLATERAL AGREEMENT

FIRST UNION NATIONAL BANK,
as Majority Investor

By:      /S/ JAMES H. GILBRAITH II
         -------------------------------
         Name:
         Title:

<PAGE>   8

                                                                      SCHEDULE 1

         In connection with the Transfer and Assumption Agreement to which this
Schedule is attached, the Servicer will transfer to Successor the funds in the
following accounts:

<TABLE>
<S>          <C>
         1.  Collection Account - funds in an amount equal to $170,814,662.
             ------------------

         2.  Spread Account (1996-1) - funds in an amount equal to $8,363,639.
             -----------------------

         3.  Reserve Account (1996-1) - funds in an amount equal to $4,600,000.
             ------------------------

         4.  Principal Funding Account (1996-1) - funds in an amount equal to $345,706,218.
             -----------------------------------
</TABLE>

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