Document:

Exhibit 10.1

      Agreement Between Competitive Technologies, Inc. and
                     LawFinance Group, Inc.

        This Agreement is made and entered into as of April 30, 2003 by
and between: Competitive Technologies, Inc., c/o Frank R. McPike, Jr.,
Executive Vice President and CFO, 1960 Bronson Road, Fairfield,
Connecticut  06824 (hereafter, "SELLER"); and LawFinance Group, Inc.,
a California corporation, 1000 Sansome Street, Suite 250, San
Francisco, California, 94111 (hereafter, "PURCHASER").

    THE PARTIES AGREE, AS FOLLOWS:

1. Definitions.  The following definitions shall apply to terms
   used in this Agreement:

  1.1. "Adverse Party" - refers to AMERICAN CYANAMID COMPANY and
       any other or later added party(ies) in the Litigation, whose
       interests are or may become adverse to Plaintiffs or SELLER.

  1.2. "Agreement" - refers to this agreement, all documents
       described herein as Exhibits and documents referred herein as
       part of this agreement.

  1.3. "Appeal" - refers to the appeal of the Lawsuit currently
       pending in the UNITED STATES COURT OF APPEALS FOR THE FEDERAL
       CIRCUIT and any further appeals related thereto.

  1.4. "Assigned Portion" - refers to the sum of One Million Two
       Hundred Ninety Thousand Dollars ($1,290,000.00), (U.S.).

  1.5. "Assignment" - refers to the document entitled Assignment of
       Litigation Proceeds/Acknowledgement of Assignment, attached
       hereto as Assignment, Exhibit 2 and incorporated herein by this
       reference, and all those other or related documents evidencing
       and acknowledging assignment of an interest in the Judgment to
       PURCHASER executed by SELLER and SELLER'S successors and assigns.

  1.6. "Attorney" - refers to Robert N. Miller, Esq., Perkins Coie,
       LLP, 1899 Wynkoop Street, Suite 700, Denver, CO 80202, Tel. No.
       (303) 291-2300; Kristin M. Diamond, Esq., Technology
       Transfer/Research Compliance Attorney, University of Colorado,
       System Technology Transfer Office, 4001 Discovery Drive, Suite
       390, 588 SYS; Boulder, CO 80309-0588; Tel No. (303) 735-4474 /
       Fax No. (303) 735-3831; and such other attorneys as may be
       employed, consulted, or engaged by Plaintiffs in connection with
       the Appeal and the Litigation.

  1.7. "Closing Date" - refers to that date on which the PURCHASER
       remits the Purchase Price to SELLER.

  1.8. "Court" - refers to the UNITED STATES DISTRICT COURT FOR THE
       DISTRICT OF COLORADO.

  1.9. "Discount" - refers to fifty three and forty nine hundredths
       percent (53.49%), which is the percentage by which the Assigned
       Portion has been reduced to establish the Purchase Price.

 1.10. "Judgment" - refers to: (i) the judgment for the
       Plaintiffs entered by the Court in the Lawsuit, a copy of which
       is attached to this Agreement, as Reference Documents Exhibit,
       and incorporated herein by this reference; (ii) any later
       amended, modified, augmented, supplemental or other judgment and
       judgment on appeal; and (iii) any and all rights of Plaintiffs
       and SELLER and their successors and assigns to Proceeds, as
       defined below, from the Litigation, as defined below.

 1.11. "Judgment Amount Assigned" - refers to the Assigned
       Portion plus the interest accruing on the Judgment, allocable to
       the Assigned Portion, commencing on the Closing Date May 19,
       2003.  Provided, however, if the Judgment is set aside and
       remanded for Further Proceedings, and if interest is ultimately
       awarded as to any claim for the period on or after the Closing
       Date ("Accrual Period"), the "Judgment Amount Assigned" shall be
       the Assigned Portion plus the portion of the interest awarded or
       later accruing that is allocable to the Assigned Portion for the
       Accrual Period.  In addition, should SELLER be in default or
       breach of this Agreement, there shall be added to the Judgment
       Amount Assigned, all expenses, costs (including reasonable
       attorneys fees), and the amount of all damages sustained by
       PURCHASER on account of any such default or breach.

 1.12. "Judgment Collateral" - refers to: (i) the bond or
       other undertaking lodged with the Court to secure payment of the
       Judgment, a copy of which is attached to this Agreement as
       Reference Documents Exhibit, and incorporated herein; (ii) any
       other bond or other undertaking, serving as collateral for the
       Judgment (including all interest, income or proceeds accruing or
       paid thereon); and (iii) any additional or substitute security,
       guaranty, bond, surety, segregated account or other undertaking
       given on account of the Judgment.

 1.13. "Judgment Debtor(s)" - refers to the Adverse Party and
       any affiliate, successor, surety or guarantor, as may assume or
       be bound by the Judgment or other obligations to Plaintiffs or
       SELLER arising out of the Litigation.

 1.14. "Lawsuit" - refers to the case of The University of
       Colorado Foundation, Inc., et al. v. American Cyanamid Company,
       Civil Action No. 93-K-1657, in which the Judgment was entered by
       the Court and all related post-trial proceedings.

 1.15. "Litigation" - refers to the (i) Lawsuit; (ii) all
       appellate proceedings, proceedings on remand, enforcement,
       ancillary, parallel or alternate dispute resolution proceedings
       and processes arising out of or related to the Lawsuit; (iii) any
       other proceedings founded on the underlying facts giving rise to
       the Lawsuit, in which SELLER or SELLER'S successor in interest is
       a party; and (iv) all arrangements made with SELLER by or among
       any Adverse Party having the effect of resolving any of SELLER'S
       claims against any Adverse Party.

 1.16. "Litigation Proceeds" - refers to all Proceeds of the
       Litigation.

 1.17. "Plaintiffs" - refers to THE UNIVERSITY OF COLORADO
       FOUNDATION, INC. (hereafter, "UCFI"), THE UNIVERSITY OF COLORADO,
       THE BOARD OF REGENTS OF THE UNIVERSITY OF COLORADO, ROBERT H.
       ALLEN, PAUL A. SELIGMAN, and any other party(ies) in the
       Litigation owning rights, title, and interest in and to the
       Judgment and any Proceeds of the Litigation.

 1.18. "Purchase Price" - refers to the sum of Six Hundred
       Thousand Dollars ($600,000.00), (U.S.).

 1.19. "Proceeds" - refers to cash, negotiable instruments,
       contract rights, annuities, and any other rights to payment of
       cash and transfer of things of value or other property.

 1.20. "Receipt" - refers to the SELLER'S Acknowledgment of
       Receipt of Purchase Price, the form of which is attached hereto
       as Receipt, Exhibit 3, and incorporated herein by this reference.

 1.21. "SELLER'S Attorney" - refers to Paul A. Levitsky, Vice
       President and General Counsel, Competitive Technologies, Inc.,
       1960 Bronson Road, Fairfield, CT  06824, Tel No. (203) 255-
       6044/Fax No. (203) 254-1102, and such other attorneys as may be
       employed, consulted, or engaged by SELLER.

 1.22. "SELLER'S Litigation Proceeds" - refers to all of
       SELLER'S legal and/or equitable rights, title and interest in and
       to the Litigation Proceeds thereof, whether in the nature of
       ownership, lien, security interest or otherwise, on account of
       SELLER's claims against the Adverse Party, Attorney's fees and
       costs, or any other agreement with one or more SELLER.

2. Underlying Facts.   SELLER represents and acknowledges the
   following underlying facts as true and correct and on which
   PURCHASER has placed material reliance in entering and which form
   the factual foundation for this Agreement:

  2.1. Plaintiffs are parties to the Lawsuit.

  2.2. Robert N. Miller is Plaintiffs' attorney of record in the
       Lawsuit.

  2.3. Kristin M. Diamond is Plaintiffs' in-house attorney.

  2.4. Plaintiffs have obtained the Judgment against the Adverse
       Party(ies), and one or more Adverse Party(ies)  has filed an
       appeal of the Judgment.

  2.5. At the time the Lawsuit was filed, SELLER was doing business
       as UNIVERSITY PATENTS, INC. (hereafter, "UPI").  SELLER formally
       changed its name to Competitive Technologies, Inc., in 1994.

  2.6. By Agreement, dated August 1, 1993, between UCFI and UPI, a
       copy of which is attached hereto as Exhibit A and incorporated
       herein, Plaintiffs assigned to SELLER eighteen and two-tenths
       percent (18.2%) of Plaintiffs' rights, title, and interest in and
       to the entire Judgment and any and all Proceeds of the Litigation
       after deduction of Attorney's contingent fee and out of pocket
       expenses.

  2.7. SELLER is entitled to receive approximately Six Million
       Dollars ($6,000,000.00) (U.S.) of the Judgment, plus interest, by
       virtue of the Agreement referenced in Section 2.6 above and
       attached hereto as Exhibit A.

  2.8. The following documents in the Lawsuit, provided to
       PURCHASER, (i) are complete, accurate and genuine, (ii) remain in
       full force and effect as of the date hereof, and to the best of
       SELLER'S knowledge after due inquiry to Attorney and Plaintiffs,
       have not been and (except as to issues that may be raised on
       appeal), are not currently proposed by any party to be modified
       or superseded (unless copy of the modifying, superceding or
       amended document(s) or written notice thereof have been provided
       to PURCHASER):

      2.8.1. Reference Documents Exhibit, the Judgment and Bond,
             Undertaking or other Judgment collateral, if any;

      2.8.2. The Appellate Briefs, Notice(s) of Appeal and other
             documents filed in the Appellate Court;

      2.8.3. If all briefs have not been filed; all trial briefs and
             related points and authorities filed in the Lawsuit; the
             verdict, all post-trial motion papers and rulings, if any;

      2.8.4. All other papers and documents supplied by Attorney
             with respect to the Appeal and the Lawsuit.

  2.9. SELLER hereby irrevocably instructs Attorney and SELLER's
       Attorney to do the following: (i) provide all documents requested
       by PURCHASER relating to the Appeal, the Litigation, settlement
       of the Litigation, Attorney's or other persons' interest in or
       claim against the Judgment and the subject matter of this
       Agreement; (ii) when requested by PURCHASER, to provide factual
       information within the knowledge of Plaintiffs, Attorney, or
       SELLER's Attorney; and (iii) to perform all those action(s) to be
       taken by Attorney or by SELLER's Attorney, as agent of SELLER,
       provided for in this Agreement.  Provided, however, nothing in
       this Agreement shall: a) require the dissemination of information
       to PURCHASER or other persons, which is subject to attorney-
       client or other evidentiary privilege, unless it is done in a
       manner that does not constitute a waiver of the applicable
       privilege; or b) give PURCHASER any right to direct or control
       Plaintiffs, Attorney, SELLER, or SELLER's Attorney in pursuing or
       settlement of the Litigation.  Any information disclosed to
       PURCHASER shall be treated as confidential by PURCHASER and may
       be used by PURCHASER solely for purposes related to or arising
       out of this Agreement.

 2.10. The transaction provided for in this agreement involves
       substantial economic risk to PURCHASER.

3. Purposes.

  3.1. SELLER is in need of funds to provide for SELLER'S
       obligations and to accomplish SELLER'S current economic
       objectives.  The parties have entered into this Agreement for the
       underlying purpose of providing SELLER the opportunity to receive
       cash now on account of the Litigation, without regard to the
       decision on the pending Appeal and the outcome of the Litigation.
       PURCHASER acquires partial assignments of civil money judgments
       during appeal and litigation proceeds for cash.  Being a
       purchase, PURCHASER is at risk as to the result of the court's
       decision on the appeal and the outcome of the Litigation.  In
       arriving at the Purchase Price, the Litigation Proceeds to be
       purchased under the Agreement have been discounted, taking into
       account PURCHASER'S risks in buying a portion of the Litigation
       Proceeds when an appeal has been taken, among other things.

  3.2. PURCHASER has offered to pay SELLER the Purchase Price in
       exchange for an assignment of the Litigation Proceeds in the
       amount of the Judgment Amount Assigned.  SELLER has accepted
       PURCHASER'S offer and the parties intend to set forth their
       contract in this Agreement.  The Purchase Price and Judgment
       Amount Assigned have been agreed to on an arms' length basis.

4. Nature Of Transaction.  The parties recognize and
   acknowledge that the rights granted PURCHASER will be purchased
   and an ownership interest will be sold, transferred and assigned
   by SELLER to PURCHASER.  This transaction is not a loan.  It is
   not intended as collateral for any loan.  Unless otherwise stated
   in this Agreement, SELLER has no personal obligation to pay any
   amount to PURCHASER.

5. Agreement To Sell And Buy/Non-Assumption By Purchaser.

  5.1. Under and subject to the terms and conditions of this
       Agreement and in exchange for the Purchase Price, SELLER agrees
       to and, upon remittance of the Purchase Price by PURCHASER,
       shall, sell, transfer, assign and deliver to PURCHASER, SELLER'S
       legal and equitable rights, title and interest in and to the
       SELLER'S Litigation Proceeds, the Judgment Collateral and all
       Proceeds and or other rights and property SELLER has the right to
       recover on account of the Litigation or that arise therefrom in
       and up to the amount of the Judgment Amount Assigned.  PURCHASER
       agrees to buy all of said rights and interests from SELLER and to
       pay the Purchase Price under and subject to the terms and
       conditions of this Agreement.

  5.2. In making this Agreement and purchasing a portion of
       SELLER'S Litigation Proceeds, PURCHASER is not otherwise
       acquiring or assuming any responsibility, obligation or liability
       of SELLER or arising out of any rights or interests of SELLER
       being purchased including, but not limited to, any duty or
       obligation to the Judgment Debtor(s), the SELLER or any
       obligation or expense with regard to the Litigation, the Appeal
       or any retrial of the subject matter of the Litigation or issues
       related thereto (including court costs or sanctions).

  5.3. It is acknowledged and agreed that, this Agreement does not,
       and shall not be interpreted so as to, affect any rights of
       SELLER to make such claims against Attorney, as may be otherwise
       permitted by law or rule of professional conduct.  SELLER having
       disclosed to PURCHASER the material provisions of the fee
       agreement between Plaintiffs and Attorney, and in reliance
       thereon by PURCHASER, it is understood that the agreement of
       SELLER to permit the sale and assignment to PURCHASER a portion
       of SELLER'S Litigation Proceeds for cash hereunder shall in no
       way supersede, amend, modify, or otherwise detract from or expand
       SELLER'S or Plaintiffs' rights or obligations under Attorney's
       existing contract with Plaintiffs for legal representation.

6. Rights In Proceeds.

  6.1. That portion of the Litigation Proceeds and the rights to
       the Judgment Collateral and the Litigation assigned to PURCHASER
       shall be satisfied and paid to PURCHASER in full, on a priority
       basis, prior to any Proceeds or other consideration paid to or
       received by SELLER, or any other assignee(s) of SELLER.  Neither
       SELLER nor any other assignee(s) of SELLER shall be entitled to
       receive any recovery or any rights or interests on account of the
       Litigation, unless and until the full Judgment Amount Assigned
       has been received by PURCHASER.

  6.2. PURCHASER'S rights in the Litigation Proceeds and Judgment
       Collateral shall be satisfied at such time as PURCHASER has
       received the full Judgment Amount Assigned.

  6.3. The rights of SELLER to recover and receive amounts due
       under the Judgment and Judgment Collateral and the Litigation, in
       excess of the Judgment Amount Assigned, are and shall remain the
       property of SELLER.

  6.4. Notwithstanding Section 6.1, it is understood and
       acknowledged that the rights purchased by PURCHASER hereunder are
       subject to:  the liens, if any, identified in Rights In Judgment,
       Exhibit 1.a., or approved in writing by PURCHASER in accordance
       with the provisions of this Agreement; and the rights of Attorney
       to costs and attorneys' fees under the presently existing fee
       agreement between Plaintiffs and Attorney, as described in Rights
       In Judgment, Exhibit 1.d., herein.

7. Representations.  SELLER hereby represents, warrants and
   agrees with PURCHASER as follows:

  7.1. The documents and information provided by SELLER to
       PURCHASER, including but not limited to the Funding Application
       and Reference Documents Exhibits, attached hereto, are accurate
       and complete and, as of the date hereof, have not been superseded
       or altered as to legal effect, validity or amount by the Court,
       stipulation or otherwise.  As of the date of this Agreement, no
       action has been taken and, as of the Closing Date, no action
       shall have been taken which has the effect of settling or
       deciding the Appeal or which materially alters or changes the
       legal validity, effect of or amounts stated in said documents and
       information or the value of SELLER'S Litigation Proceeds, the
       Judgment or Judgment Collateral.

  7.2. The representations and warranties of SELLER contained in
       this Agreement shall be true and correct in all material respects
       on and as of the Closing Date with the same force and effect as
       though such representations and warranties had been made on and
       as of that date.  Notwithstanding any other provision of this
       Agreement, should the case be settled or decided in whole or in
       part or all representations or warranties not be fully true and
       correct at the time SELLER receives the Purchase Price, the sale
       shall not close and PURCHASER'S rights under Section 20, below,
       will apply.  SELLER shall not be entitled to accept the Purchase
       Price without first giving written notice to PURCHASER and
       obtaining PURCHASER'S written consent.

  7.3. Except as set forth in Rights In Judgment, Exhibit 1.c.,
       SELLER has not assigned, transferred or given, as collateral to
       any party other than PURCHASER, any right or interest of SELLER
       in the Litigation, the Litigation Proceeds, the Judgment, the
       Judgment Collateral, or any Proceeds thereof.  SELLER shall not:
       make any assignment or transfer or give, as collateral, any right
       or beneficial interest of SELLER in the Litigation, the
       Litigation Proceeds, the Judgment, the Judgment Collateral or any
       Proceeds thereof or rights therein, or take any other action that
       could have the effect of impairing or delaying PURCHASER'S
       receipt of the Judgment Amount Assigned.  It is intended and
       understood that any assignment or transfer of right or beneficial
       interest in the Litigation, the Litigation Proceeds, the
       Judgment, the Judgment Collateral, or any Proceeds thereof or
       rights therein shall be subordinate to and shall not adversely
       affect any right or interest of PURCHASER in the Litigation, the
       Litigation Proceeds, the Judgment, the Judgment Collateral or any
       Proceeds thereof or rights therein.  Except as disclosed by
       SELLER in Rights In Judgment, Exhibit 1, or otherwise agreed to
       by PURCHASER in writing, all Proceeds to which SELLER is entitled
       on account of Litigation, the Litigation Proceeds, the Judgment
       and the Judgment Collateral shall be paid first to PURCHASER,
       until the full Judgment Amount Assigned has been paid to
       PURCHASER.

  7.4. Except as set forth in Rights In Judgment, Exhibit 1.a.,
       there are no persons who have liens against amounts to which
       SELLER may be entitled on account of the Litigation.  SELLER
       agrees to refrain from causing or permitting any other liens to
       be placed against the Judgment, without the prior written consent
       of PURCHASER, which consent may not be withheld unless a proposed
       lien materially impairs the rights, value, priority or
       collectability of the rights assigned to PURCHASER hereunder.

  7.5. Except as set forth in Rights In Judgment, Exhibit 1.c.,
       SELLER is not aware of any asserted or unasserted claims, liens
       or judgments against the SELLER which would materially impair the
       rights, value, priority or collectability of the rights assigned
       to PURCHASER hereunder.

  7.6. SELLER has the power, authority, right and competence to
       enter into this Agreement, and does so willingly and freely.  All
       approvals, actions and consents required to authorize SELLER to
       enter into this Agreement have been obtained and taken and, upon
       execution by SELLER, this Agreement and all documents
       contemplated to be signed by SELLER herein shall be valid and
       binding obligations and undertakings of SELLER.  Entering into
       this Agreement and carrying out the actions provided for in this
       Agreement and the Exhibits will not cause SELLER to be in breach
       or violation of any other agreement or legal obligation to which
       SELLER is a party or subject.

  7.7. SELLER shall use best efforts and exercise good faith to
       pursue SELLER'S rights in the Litigation, to bring the Litigation
       to good faith settlement or final judgment; and to enforce
       collection of all money and other Proceeds due on account of the
       Litigation, including any settlement with Judgment Debtor(s).

  7.8. SELLER has not and shall not, directly or indirectly, delay,
       seek to prevent, impair, or frustrate the rights granted to
       PURCHASER under this Agreement, or payment of the Judgment Amount
       Assigned to PURCHASER, in any way.

  7.9. SELLER shall make all reasonable, good faith efforts to
       cause Plaintiffs to vigorously:

      7.9.1. Defend the Judgment on Appeal and fully prosecute and
             enforce all rights in the Judgment in both the Appeal and any
             further proceedings ordered or permitted by the Court or
             applicable law.

      7.9.2. Pursue Plaintiffs' and SELLER'S underlying claims in
             the Litigation, unless advised by Attorney or SELLER's Attorney
             that pursuit of such claims would be fruitless or not
             economically feasible, in light of the likely cost and risks in
             doing so.

      7.9.3. Pursue collection of the Judgment and promptly exercise
             collection rights against the Judgment Collateral.

 7.10. SELLER shall notify PURCHASER and keep PURCHASER
       advised regarding:  the name(s), address(es), telephone and fax
       numbers of SELLER and of all legal counsel engaged to represent
       Plaintiffs or SELLER in the Litigation; and the nature and scope
       of representation of all such legal counsel and any change
       therein.

 7.11. SELLER shall give PURCHASER prompt written notice of
       any material change in any of the information contained in the
       representations and warranties or Exhibits to this Agreement.

8. Litigation Documentation.  Unless otherwise requested in
   writing by PURCHASER and subject to Section 2.4, SELLER shall,
   and SELLER hereby instructs Attorney and SELLER's Attorney, as
   SELLER'S agent, to promptly provide and continue to provide
   PURCHASER with:

  8.1. All future Court documents, including, but not limited to,
       any Notices, Orders or Briefs presented to any party to the
       Litigation or filed with any court.

  8.2. All future correspondence, written proposals or agreements,
       and notice of any oral proposals or agreements between SELLER,
       Plaintiffs and Judgment Debtor(s) relating to the Litigation, the
       Judgment Collateral, settlement, alternative dispute resolution
       procedures, or collection and payment of the Judgment or the
       Litigation.

  8.3. Any proposed assignment by SELLER of any interest in the
       Judgment, Judgment Collateral or rights in the Litigation, and
       written notice of any other similar proposed action on the part
       of SELLER.  Unless waived in writing by PURCHASER, such proposed
       assignment or notice shall be provided to PURCHASER not less than
       7 days prior to SELLER making the proposed assignment or taking
       the proposed action.

  8.4. Notice of and documents relating to payment or receipt of
       any money, consideration or other Proceeds by Plaintiffs,
       Attorney, SELLER or SELLER's Attorney on account of the Judgment,
       the Judgment Collateral or the Litigation, settlement or payment
       of the Judgment, and all accountings of the application of said
       money or other things of value received.

  8.5. Information requested by PURCHASER relating to the status of
       the Appeal, the Litigation, settlement, alternative dispute
       resolution proceedings and any efforts to enforce the Judgment.

9. Assignment Of Litigation Proceeds. It is understood and
   agreed that the Assignment evidences the transfer of the Judgment
   Amount Assigned and PURCHASER'S right to receive payment
   hereunder and shall remain in full force and effect until the
   entire Judgment Amount Assigned has been received by PURCHASER.
   Upon PURCHASER'S remittance of the Purchase Price to SELLER,
   PURCHASER shall be the sole and absolute owner of the first
   Litigation Proceeds which SELLER is entitled to collect or
   receive on account of the Judgment, the Judgment Collateral and
   the Litigation, up to the full Judgment Amount Assigned, whether
   by way of enforcement of the Judgment, compromise and settlement
   of SELLER'S rights arising out of the Judgment and Litigation, or
   otherwise.  As collateral for and to secure SELLER'S
   representations, warranties, undertaking and agreements made or
   given under this Agreement, SELLER hereby grants PURCHASER a
   security interest in all of SELLER'S Litigation Proceeds and
   interests in the Judgment, the Judgment Collateral and the
   Litigation not otherwise assigned and transferred to PURCHASER
   under this Agreement (the "Collateral").  This shall constitute a
   security agreement between SELLER and PURCHASER for that purpose.
   It shall not in any way affect or impair any rights or fee lien
   of Attorney in and to the Judgment, the Judgment Collateral, or
   the Litigation, absent an express written agreement with Attorney
   to the contrary.  SELLER shall execute, and PURCHASER may file,
   one or more UCC-1 Financing Statement Forms for the purpose of
   perfecting PURCHASER'S security interest in the Collateral, and
   as notice to third parties that SELLER has conveyed an interest
   in the SELLER'S Litigation Proceeds.

10. Acknowledgment/Assignment Of Litigation Proceeds.  It is
    understood and agreed that the Assignment is intended to serve as
    evidence and notice of the Assignment.  Upon PURCHASER'S
    remittance of the Purchase Price, PURCHASER is fully authorized
    to and shall insert the Closing Date on the Assignment.  The
    Assignment may be filed by PURCHASER with the Court, on or after
    the Closing Date, pursuant to the provisions of applicable laws,
    court rules or local custom, and served upon such persons as may
    be deemed necessary by PURCHASER to perfect and give effect to
    PURCHASER'S ownership of and right to receive the Judgment Amount
    Assigned.

11. Acknowledgment Of Receipt Of Purchase Price.  The
    Acknowledgment of Receipt of Purchase Price (hereafter the
    "Receipt") is attached hereto as Receipt, Exhibit 3 and
    incorporated herein by this reference.  SELLER agrees to deliver
    the signed and dated Receipt to PURCHASER immediately upon
    SELLER'S receipt of the Purchase Price.

12. Breach.  SELLER understands and acknowledges that PURCHASER
    is relying on all of SELLER'S agreements, representations and
    warranties in entering into this Agreement and in purchasing the
    Judgment Amount Assigned. The parties agree that, if SELLER
    breaches any material part of this Agreement or if any of
    SELLER'S representations or warranties fail to be correct in any
    respect, SELLER will be in breach of this Agreement.

  12.1. If SELLER breaches any material part of this Agreement,
        and SELLER fails to cure said breach within fifteen (15) days of
        PURCHASER'S notice to SELLER of such breach, PURCHASER is granted
        the right to immediately recover from the SELLER all amounts due
        under this Agreement and the Judgment Amount Assigned.  This
        right of PURCHASER is in addition to any other rights to which
        PURCHASER is entitled by law because of any breach by SELLER,
        including PURCHASER'S rights in and to Collateral given by
        SELLER.  Any breach or failure of the representations and
        warranties of Section 7.2, above, shall not be subject to cure
        and SELLER shall have no rights to receive any payment absent the
        expressed written approval of PURCHASER.

  12.2. Should SELLER fail to adhere to the representations and
        warranties set forth in Section 7.9, above, then PURCHASER is
        fully authorized and permitted, but not obligated, on behalf of
        SELLER and PURCHASER and subject always to the rights and
        informed consent of SELLER to engage a new Attorney, to pursue
        any of SELLER's rights with respect to the Appeal and prosecute,
        enforce and resolve the rights of SELLER, and PURCHASER in
        furtherance of the Appeal and the Litigation, to the fullest
        extent as if done by the SELLER.  SELLER hereby appoints
        PURCHASER as SELLER'S attorney-in-fact, in the event of such
        default or breach under this sub-section, to do all things and
        take all actions in its own name and as attorney-in-fact for
        SELLER to pursue such actions and to engage such legal counsel
        for the account of SELLER and PURCHASER, subject always to the
        rights and informed consent of the SELLER, as PURCHASER shall, in
        its good faith judgment, deem to be in the best interests of the
        PURCHASER, SELLER and Attorney.  In such event, any amounts
        recovered on account of the SELLER'S interests in the SELLER'S
        Litigation Proceeds, shall be applied: (i) first, to recoup all
        fees and expenses incurred in exercise of said authority
        (including attorneys fees and costs); (ii) next, to PURCHASER on
        account of the Judgment Amount Assigned; (iii) the balance to
        SELLER, as SELLER'S interests may appear and as SELLER may
        direct.

13. Indemnification.

  13.1. PURCHASER agrees to indemnify, defend and hold SELLER
        harmless from and against any and all losses, costs, damages,
        claims and expenses (including reasonable attorneys' fees) which
        SELLER may sustain at any time by reason of:  (a) any debt,
        liability or obligation incurred by PURCHASER, (b) any liability
        or obligation of any kind for prosecution or defense thereof, or
        (c) the breach of, inaccuracy of, or failure to comply with, or
        the existence of any facts resulting in the inaccuracy of, any of
        the warranties, representations, or covenants of PURCHASER
        contained in this Agreement or in any Exhibits or documents
        delivered pursuant hereto or in connection with the subject
        matter of this Agreement.

  13.2. SELLER agrees to indemnify, defend and hold PURCHASER
        harmless from and against any and all losses, costs, damages,
        claims and expenses (including reasonable attorneys' fees) which
        PURCHASER may sustain at any time by reason of:  (a) any debt,
        liability or obligation incurred by SELLER, (b) any liability or
        obligation of any kind for prosecution or defense of such debt,
        liability or obligation incurred by SELLER, and (c) the breach
        of, inaccuracy of, or failure to comply with, or the existence of
        any facts resulting in the inaccuracy of, any of the warranties,
        representations, or covenants of SELLER contained in this
        Agreement or in any Exhibits or documents delivered pursuant
        hereto or in connection with the subject matter of this
        Agreement.

  13.3. Any party who receives notice of a claim for which it
        will seek indemnification ("Indemnified Party") hereunder shall
        promptly notify the party from which the Indemnified Party will
        seek indemnification ("Indemnifying Party") of such claim in
        writing.  The Indemnifying Party shall have the right to assume
        the defense of such action at its cost with counsel reasonably
        satisfactory to the Indemnified Party.  The Indemnified Party
        shall have the right to participate in such defense with its own
        counsel at its cost.

14. Attorney - Client Relationship.

  14.1. Nothing in this Agreement is intended to require action
        that may impair the attorney-client privilege, or other
        evidentiary privilege as may exist in favor of SELLER in
        connection with the Litigation.  This Agreement shall not be
        interpreted or enforced in a manner that would have the effect of
        loss of any such privilege.  If redacting portions of any
        writing, required to be given PURCHASER in this Agreement, would
        avoid waiver or loss of any such privilege:  the writing shall be
        redacted by Attorney or SELLER's Attorney so as to avoid waiver
        or loss of privilege and provided to PURCHASER.  PURCHASER shall
        be notified that the writing was redacted for that purpose and
        shall be advised of the general subject matter of the redacted
        material.  Further, nothing in this Agreement is intended to
        prevent or impair Plaintiffs', Attorney's, SELLER'S, and SELLER's
        Attorney's ability to vigorously conduct the Litigation in such
        manner as they deem in good faith and in their sole discretion
        will benefit Plaintiffs and SELLER, without interference from
        PURCHASER.  Provided, however, nothing shall be interpreted as
        restricting PURCHASER'S exercise of its discretion in analysis of
        the results of its due diligence under Section 16, below, or
        enforcement of PURCHASER'S rights under this Agreement and the
        Assignment, in the event of a breach of the terms of this
        Agreement.

  14.2. Should a dispute arise at any time between Plaintiffs,
        SELLER, and Attorney, or any of them, regarding payment or
        application of any sums recovered on the Judgment, which dispute
        may delay, reduce or otherwise affect payment or retention of the
        Judgment Amount Assigned to PURCHASER, SELLER shall promptly
        notify PURCHASER in writing and shall nevertheless immediately
        pay, on a pro rata basis, any undisputed portion of the sums
        recovered.  The Notice shall state the facts of the dispute in
        order that PURCHASER may fully assert its rights.  In order to
        allow PURCHASER to become fully aware of the dispute, SELLER
        hereby authorizes Attorney and SELLER's Attorney to provide
        PURCHASER all facts and information related to the dispute.
        Notwithstanding any other provisions of this Agreement, including
        Section 14.1, above, SELLER expressly waives attorney-client
        privilege as to information requested by PURCHASER under these
        limited circumstances and for this limited purpose.  Should the
        dispute delay payment of any amount otherwise due or payable to
        PURCHASER, all amounts due or payable to PURCHASER shall begin to
        bear interest at the rate of 18% per annum, or such lesser rate
        as shall be the maximum rate permitted by applicable law, from
        the date any amounts are paid or payable by the Adverse Party
        until said sums due or payable to PURCHASER have been paid in
        full.

15. Cooperation.  SELLER will, and will so instruct Attorney and
    SELLER's Attorney to, keep PURCHASER fully advised about and will
    cooperate and consult with PURCHASER in connection with, any and
    all matters relating to the Appeal and the Litigation including,
    but not limited to, matters with regard to Plaintiffs', SELLER'S,
    and Attorney's legal positions, briefs and oral arguments,
    settlement negotiations, alternate dispute resolution
    proceedings, and engagement of appellate or other counsel.

16. Contingencies.  This Agreement is expressly conditioned upon
    PURCHASER conducting and completing its due diligence with regard
    to the subject matter of this Agreement and providing SELLER with
    PURCHASER'S written approval of its intent to complete the
    purchase.  PURCHASER'S approval and intention to complete the
    purchase shall be determined in PURCHASER'S sole and absolute
    discretion.  PURCHASER shall have fifteen (15) days from the
    receipt of all documents and Exhibits, properly signed and
    witnessed, or three (3) business days of PURCHASER's receipt of
    the opinion letter referenced in Section 17, whichever is later,
    but not later than thirty (30) days, to provide SELLER and
    SELLER's Attorney with written approval of its intention to
    complete the purchase.

17. Purchaser's Due Diligence/Seller's Payment of Due Diligence
    Costs.  SELLER understands that PURCHASER will incur costs and
    expenses in connection with the completion of PURCHASER'S due
    diligence referred to herein above.  It is understood that upon
    receipt of the signed Agreement, PURCHASER will incur expenses
    for a credit and liabilities investigation and report.  It is
    further understood that upon receipt of the signed Agreement,
    PURCHASER will engage an attorney, for the purpose of reviewing
    the Lawsuit and advising PURCHASER as part of PURCHASER'S due
    diligence.  At the time SELLER returns the signed Agreement to
    PURCHASER, SELLER will pay PURCHASER the sum of $10,000.00 to be
    applied against PURCHASER'S due diligence costs and expenses.  It
    is acknowledged that any analysis or opinion received by
    PURCHASER from legal counsel engaged to review and evaluate the
    Litigation:  (i) is legal advice rendered solely for PURCHASER'S
    benefit in completing its due diligence; (ii) is subject to
    certain privileges in favor of PURCHASER and said attorney; (iii)
    and in no way constitutes legal advice to, nor may it be relied
    upon by Plaintiffs, Attorney, SELLER or SELLER's Attorney, should
    information relating to said attorneys' advice be made available
    to Plaintiffs, Attorney, SELLER, or SELLER's Attorney, absent
    prior written consent from the individual attorney engaged by
    PURCHASER.

18. Delivery By Purchaser/Closing.  PURCHASER shall pay SELLER
    the Purchase Price (less any amounts deductible therefrom) within
    ten (10) business days after it has completed its due diligence
    and approved of and expressed its intention, in writing, to
    complete the purchase.  Except as hereafter provided, upon
    PURCHASER'S tender of the Purchase Price to SELLER:  the
    PURCHASER'S rights in the SELLER'S Litigation Proceeds, the
    Judgment Proceeds, the Judgment Amount Assigned, and the
    Litigation, and all of PURCHASER'S rights, as provided for in
    this Agreement, shall be fully vested; SELLER'S assignment shall
    be absolute and irrevocable by SELLER; and PURCHASER shall be
    entitled to file with the Court and serve the Exhibit(s)
    evidencing SELLER'S Assignment and the form UCC-1 giving effect
    to the parties agreements hereunder.

19. Miscellaneous.

   19.1.  Entire Agreement.  This Agreement, including the Exhibits
   hereto, sets forth the entire agreement and understanding between
   the parties as to the subject matter hereof and merges and
   supersedes all prior discussions, agreements and understandings of
   every kind and nature between them.  No party hereto shall be bound
   by any term, condition, warranty or representation other than as
   expressly provided for in this Agreement, or as may be on a date on
   or after to the date hereof duly set forth in writing signed by the
   party hereto which is to be bound thereby.  This Agreement shall
   not be changed, modified or amended except by a writing dated and
   signed by the party to be charged.

   19.2.  Governing Law.  This Agreement and its validity,
   construction and performance shall be governed in all respects by
   the laws of the State of California, without giving effect to
   principles of conflicts of laws.

   19.3.  Severability.  If any provision of this Agreement or the
   application of any provision hereof to any person or circumstance
   is held invalid, the remainder of this Agreement and the
   application of such provision to other persons or circumstances
   shall not be affected unless the provision held invalid shall
   substantially impair the benefits of the remaining portions of this
   Agreement.

   19.4.  Benefits of Parties.  This Agreement shall be binding upon,
   and inure to the benefit of the parties hereto, individually and to
   each and all their agents, attorneys, beneficiaries,
   representatives and its respective successors, spouses, heirs,
   legal representatives and assigns.  No assignments by any party
   shall relieve the assigning party from any obligation, duty,
   representation, warranty or agreement absent an express written
   release given by the non-assigning party.

   19.5.  Headings Singular/Plural.  The headings in the section of
   this Agreement are inserted for convenience or reference only and
   shall not constitute a part hereof.  Where context so permits, the
   singular form of a word shall include the plural and the plural
   form shall include the singular.

   19.6.  Notices.  All notices, requests, demands and other
   communications provided for by this Agreement shall be in writing
   and, unless otherwise specifically provided for herein, shall be
   deemed to have been given upon transmission by telecopy, with
   receipt confirmed, upon hand delivery or delivery by air freight or
   courier service, or three (3) days after the time when deposited
   with the United States Postal Service, enclosed in a registered,
   certified or other postage-paid envelope, addressed to the address
   of the parties stated below or to such changed address as such
   party may have fixed by notice:

  IF TO SELLER:                        IF TO PURCHASER:

  Competitive Technologies, Inc.       LawFinance Group, Inc.
  c/o Paul A. Levitsky, Esq.           1000 Sansome Street, Suite 250
  Vice President & General Counsel     San Francisco, CA  94111
  1960 Bronson Road                    Fax: (415) 617-9201/
                                       Tel.: (415) 617-9200
  Fairfield, CT  06824
  Fax: (203) 254-1102/
  Tel.: (203) 255-6044

   provided, however, that any such change of address shall be
   effective only upon receipt.

   19.6  Attorney's Fees.  In the event that any action or proceeding
   is brought to enforce or interpret any provision, covenant or
   condition contained in the Agreement on the part of PURCHASER or
   SELLER, the prevailing party in such action or proceeding shall be
   entitled to recover from the party not prevailing its expenses
   therein, including reasonable attorneys' fees and allowable costs.

   19.7.  Disputes Between The Parties.  At the request of any party,
   any dispute between the parties arising out of the transaction
   provided for in this Agreement, and the Exhibits to this Agreement,
   shall be submitted to final and binding arbitration in San
   Francisco, California, by a three (3) member panel, under the
   Commercial Arbitration Rules of the American Arbitration
   Association then in effect.  The Association shall be requested to
   provide a panel of prospective arbitrators consisting of persons
   experienced in business law matters.  Prior to appointment of the
   arbitrator, either party may commence judicial proceedings, in
   either the state or federal court having jurisdiction over the
   party against whom relief is sought, to obtain preliminary relief,
   including injunctive relief, for the purposes of:  (i) enforcement
   of this arbitration provision; (ii) obtaining appointment of
   arbitrator(s); (iii) preserving the status quo; (iv) preventing the
   disbursement by any person of disputed funds; and (v) preserving
   and protecting the rights of either party pending the outcome of
   the arbitration.  Any party may have judgment entered on the
   arbitration award.  Section 19.7, above, shall apply to any
   arbitration or court proceeding between the parties.

   19.8.  Further Assurances.  Each party agrees to execute and file
   or caused to be filed such other or further documents as may be
   requested by the other party to give effect to the purposes of the
   Agreement.  Such further documents shall include, but not be
   limited to:  (i) documents intended to perfect PURCHASER'S
   ownership of and power to exercise the rights herein granted by
   SELLER; (ii) if the Judgment is modified, vacated and there are
   further proceedings, a replacement Assignment in order to give
   effect to PURCHASER'S rights in and to the Litigation Proceeds, the
   Judgment Collateral, Judgment and this Agreement.

20.  Resolution of Litigation Prior to Closing.  In the event the
Appeal is resolved, whether by settlement, judicial decision, or
otherwise, on or before Closing Date, PURCHASER'S obligation to
purchase and SELLER'S obligation to sell under this Agreement shall
cease.  In such event, SELLER shall pay PURCHASER out of any Proceeds
of the Litigation the sum of $5,000.00, on account of PURCHASER'S
administrative and due diligence activities and expenses incurred by
PURCHASER in connection with this Agreement.

21.  The parties each acknowledge and agree that:  (i) this Agreement
has been entered into voluntarily and freely; and (ii) the Purchase
Price has been determined at arm's length and is reasonable in light
of the risks assumed by PURCHASER.

22.  SELLER ACKNOWLEDGES THAT SELLER HAS READ THIS AGREEMENT,
INCLUDING ALL OF EXHIBITS ATTACHED HERETO.  SELLER IS AWARE THAT
THIS AGREEMENT AFFECTS SELLER'S LEGAL RIGHTS.  PRIOR TO SIGNING
THIS AGREEMENT, SELLER HAS CONSULTED WITH SELLER'S ATTORNEY
AND/OR OTHER LEGAL COUNSEL, CONCERNING THIS TRANSACTION.
SELLER'S ATTORNEY HAS REVIEWED THE TERMS AND CONDITIONS OF THE
ENTIRE AGREEMENT.  SELLER UNDERSTANDS THE MEANING AND EFFECT OF
THE TERMS AND CONDITIONS CONTAINED IN THE AGREEMENT.  SELLER HAS
RECEIVED NO LEGAL ADVICE WITH RESPECT TO THIS AGREEMENT OR THE
LITIGATION FROM PURCHASER OR ANYONE ASSOCIATED WITH PURCHASER.

SELLER'S Initials:  S/JBN       SELLER'S ATTORNEY'S Initials:  S/PAL

IN WITNESS WHEREOF, the parties have entered into this Agreement at
San Francisco, California.

   Dated:    May 2, 2003

             S/John B. Nano
   Competitive Technologies, Inc.
   By:  John B. Nano, President and CEO

                         ACKNOWLEDGMENT

STATE OF CONNECTICUT     )

COUNTY OF FAIRFIELD      )

On May 2, 2003 before me, Lorraine Frauenhofer, personally
appeared John B. Nano, personally known to me (or proved to me on
the basis of satisfactory evidence) to be the person(s) whose
name is/are subscribed to the within instrument and acknowledged
to me that he/she/they executed the same in his/her/their
authorized capacity(ies), and that by his/her/their signature(s)
on the instrument the person(s), or the entity upon behalf of
which the person(s) acted, executed the instrument.

     WITNESS my hand and official seal.

                                   S/Lorraine Frauenhofer
                                   Notary's Signature

LORRAINE FRAUENHOFER
NOTARY PUBLIC
MY COMMISSION EXPIRES SEP. 30, 2003

PURCHASER:

Dated:    May 19    , 2003

LAWFINANCE GROUP, INC.,
a California corporation

By:  S/Michael Blum

                         ACKNOWLEDGMENT

STATE OF California      )

COUNTY OF San Francisco  )

On May 19, 2003 before me, Dawn Bui, N.P., personally appeared
Michael Blum, personally known to me (or proved to me on the
basis of satisfactory evidence) to be the person  whose name is
subscribed to the within instrument and acknowledged to me that
he executed the same in his authorized capacity, and that by his
signature on the instrument the person, or the entity upon behalf
of which the person acted, executed the instrument.

     WITNESS my hand and official seal.

                                   S/Dawn Bui
                                   Notary Public

DAWN BUI
COMM.# 1233818
NOTARY PUBLIC - CALIFORNIA
City & County of San Francisco
COMM. EXP. SEPT. 2, 2003SUBSEQUENT TRANSFER INSTRUMENT

         Pursuant to this Subsequent Transfer Instrument, dated April 28, 2003
(the "Instrument"), between Option One Mortgage Acceptance Corporation as seller
(the "Depositor"), and Wells Fargo Bank Minnesota, National Association as
trustee of the Option One Mortgage Loan Trust 2003-3 Asset-Backed Certificates,
Series 2003-3, as purchaser (the "Trustee"), and pursuant to the Pooling and
Servicing Agreement, dated as of April 1, 2003 (the "Pooling and Servicing
Agreement"), among the Depositor as depositor, Option One Mortgage Corporation
as master servicer and the Trustee as trustee, the Depositor and the Trustee
agree to the sale by the Depositor and the purchase by the Trustee in trust, on
behalf of the Trust, of the Mortgage Loans listed on the attached Schedule of
Mortgage Loans (the "Subsequent Mortgage Loans").

         Capitalized terms used but not otherwise defined herein shall have the
meanings set forth in the Pooling and Servicing Agreement.

         Section 1.   CONVEYANCE OF SUBSEQUENT MORTGAGE LOANS.

         (a) The Depositor does hereby sell, transfer, assign, set over and
convey to the Trustee in trust, on behalf of the Trust, without recourse, all of
its right, title and interest in and to the Subsequent Mortgage Loans, and
including all amounts due on the Subsequent Mortgage Loans after the related
Subsequent Cut-off Date, and all items with respect to the Subsequent Mortgage
Loans to be delivered pursuant to Section 2.01 of the Pooling and Servicing
Agreement; provided, however that the Depositor reserves and retains all right,
title and interest in and to amounts due on the Subsequent Mortgage Loans on or
prior to the related Subsequent Cut-off Date. The Depositor, contemporaneously
with the delivery of this Agreement, has delivered or caused to be delivered to
the Trustee each item set forth in Section 2.01 of the Pooling and Servicing
Agreement. The transfer to the Trustee by the Depositor of the Subsequent
Mortgage Loans identified on the Mortgage Loan Schedule shall be absolute and is
intended by the Depositor, the Master Servicer, the Trustee and the
Certificateholders to constitute and to be treated as a sale by the Depositor to
the Trust Fund.

         (b) The Depositor, concurrently with the execution and delivery hereof,
does hereby transfer, assign, set over and otherwise convey to the Trustee
without recourse for the benefit of the Certificateholders all the right, title
and interest of the Depositor, in, to and under the Subsequent Mortgage Loan
Purchase Agreement, dated the date hereof, between the Depositor as purchaser
and the Master Servicer as seller, to the extent of the Subsequent Mortgage
Loans.

         (c) Additional terms of the sale are set forth on Attachment A hereto.

         Section 2.   REPRESENTATIONS AND WARRANTIES; CONDITIONS PRECEDENT.

         (a) The Depositor hereby confirms that each of the conditions precedent
and the representations and warranties set forth in Section 2.08 of the Pooling
and Servicing Agreement are satisfied as of the date hereof.

<PAGE>

         (b) All terms and conditions of the Pooling and Servicing Agreement are
hereby ratified and confirmed; provided, however, that in the event of any
conflict, the provisions of this Instrument shall control over the conflicting
provisions of the Pooling and Servicing Agreement.

         Section 3.   RECORDATION OF INSTRUMENT.

         To the extent permitted by applicable law, this Instrument, or a
memorandum thereof if permitted under applicable law, is subject to recordation
in all appropriate public offices for real property records in all of the
counties or other comparable jurisdictions in which any or all of the properties
subject to the Mortgages are situated, and in any other appropriate public
recording office or elsewhere, such recordation to be effected by the Master
Servicer at the Certificateholders' expense on direction of the related
Certificateholders, but only when accompanied by an Opinion of Counsel to the
effect that such recordation materially and beneficially affects the interests
of the Certificateholders or is necessary for the administration or servicing of
the Mortgage Loans.

         Section 4.   GOVERNING LAW.

         This Instrument shall be construed in accordance with the laws of the
State of New York and the obligations, rights and remedies of the parties
hereunder shall be determined in accordance with such laws, without giving
effect to principles of conflicts of law.

         Section 5.   COUNTERPARTS.

         This Instrument may be executed in one or more counterparts and by the
different parties hereto on separate counterparts, each of which, when so
executed, shall be deemed to be an original; such counterparts, together, shall
constitute one and the same instrument.

         Section 6.  SUCCESSORS AND ASSIGNS.

         This Instrument shall inure to the benefit of and be binding upon the
Depositor and the Trustee and their respective successors and assigns.

<PAGE>

                                             OPTION ONE MORTGAGE ACCEPTANCE
                                             CORPORATION

                                             By: ______________________________
                                             Name:
                                             Title:

                                             WELLS FARGO BANK MINNESOTA,
                                             NATIONAL ASSOCIATION, as Trustee
                                             for Option One Mortgage Loan Trust
                                             2003-3, Asset-Backed Certificates,
                                             Series 2003-3

                                             By: ______________________________
                                             Name:
                                             Title:

Attachments
-----------
A. Additional terms of sale.
B. Schedule of Subsequent Mortgage Loans.
C. Schedule of Prepayment Charges.

<PAGE>

                                  ATTACHMENT A
                                  ------------

                            ADDITIONAL TERMS OF SALE

         A.       General

                    1.   Subsequent Cut-off Date: April 1, 2003
                    2.   Subsequent Transfer Date: April 28, 2003
                    3.   Aggregate Principal Balance of the Subsequent Mortgage
                         Loans as of the Subsequent Cut-off Date:
                         $100,440,115.08.
                    4.   Purchase Price: 100.00%

         B. The obligation of the Trust Fund to purchase a Subsequent Mortgage
Loan on any Subsequent Transfer Date is subject to the satisfaction of the
conditions set forth in the immediately following paragraph and the accuracy of
the following representations and warranties with respect to each such
Subsequent Mortgage Loan determined as of the applicable Subsequent Cut-off
Date: (i) such Subsequent Mortgage Loan may not be 30 or more days delinquent as
of the last day of the month preceding the Subsequent Cut-off Date; (ii) the
original term to stated maturity of such Subsequent Mortgage Loan will not be
less than 120 months and will not exceed 360 months; (iii) such Subsequent
Mortgage Loan will not have a loan-to-value ratio greater than 100.00%; (iv)
such Subsequent Mortgage Loans will have, as of the Subsequent Cut-off Date, a
weighted average term since origination not in excess of 360 months; (v) such
Subsequent Mortgage Loan, if a Fixed Rate Mortgage Loan, shall have a Mortgage
Rate that is not less than 5.00% per annum or greater than 14.00% per annum;
(vi) such Subsequent Mortgage Loan must have a first payment date occurring on
or before June 1, 2003; (vii) if the Subsequent Mortgage Loan is an Adjustable
Rate Mortgage Loan, the Subsequent Mortgage Loan will have a Gross Margin not
less than 1.00% per annum; (viii) if the Subsequent Mortgage Loan is an
Adjustable Rate Mortgage Loan, the Subsequent Mortgage Loan will have a Maximum
Mortgage Rate not less than 11.00% per annum; (ix) if the Subsequent Mortgage
Loan is an Adjustable Rate Mortgage Loan, the Subsequent Mortgage Loan will have
a Minimum Mortgage Rate not less than 4.00% per annum, (x) the Subsequent
Mortgage Loan may not provide for negative amortization; (xi) such Subsequent
Mortgage Loan shall have been serviced by the Master Servicer since origination,
the date of purchase or the date of acquisition of the servicing and (xii) such
Subsequent Mortgage Loan shall have been underwritten in accordance with the
criteria set forth under "Option One Mortgage Corporation--Underwriting
Standards" in the Prospectus Supplement.

         C. Following the purchase of any Subsequent Group I Mortgage Loan by
the Trust, the Group I Mortgage Loans (including such Subsequent Group I
Mortgage Loans) will: (i) have a weighted average original term to stated
maturity of not more than 360 months; (ii) have a weighted average Mortgage Rate
of not less than 7.74% per annum and not more than 7.82% per annum; (iii) have a
weighted average Loan-to-Value Ratio of not more than 80.00%; (iv) have no
Mortgage Loan with a Principal Balance which does not conform to Fannie Mae and
Freddie Mac guidelines; (v) will consist of Mortgage Loans covered

<PAGE>

by the PMI Policy representing no less than 55.00% by aggregate Principal
Balance of the Group I Mortgage Loans; (v) will consist of Mortgage Loans with
Prepayment Charges representing no less than 74.00% by aggregate Principal
Balance of the Group I Mortgage Loans; and (vi) have no more than 31.50% of
Fixed Rate Mortgage Loans by aggregate Principal Balance of the Group I Mortgage
Loans. In addition, the Adjustable Rate Group I Mortgage Loans will have a
weighted average Gross Margin not less than 4.80% per annum. For purposes of the
calculations described in this paragraph, percentages of the Group I Mortgage
Loans will be based on the Principal Balance of the Initial Group I Mortgage
Loans as of the Cut-off Date and the Principal Balance of the Subsequent Group I
Mortgage Loans as of the related Subsequent Cut-off Date.

         D. Following the purchase of any Subsequent Group II Mortgage Loan by
the Trust, the Group II Mortgage Loans (including such Subsequent Group II
Mortgage Loans) will: (i) have a weighted average original term to stated
maturity of not more than 360 months; (ii) have a weighted average Mortgage Rate
of not less than 7.74% per annum and not more than 7.82% per annum; (iii) have a
weighted average Loan-to-Value Ratio of not more than 80.00%; (iv) have no
Mortgage Loan with a principal balance in excess of $1,000,000; (v) will consist
of Mortgage Loans covered by the PMI Policy representing no less than 45.00% by
aggregate Principal Balance of the Group II Mortgage Loans; (v) will consist of
Mortgage Loans with Prepayment Charges representing no less than 76.00% by
aggregate Principal Balance of the Group II Mortgage Loans; and (vi) have no
more than 32.00% of Fixed Rate Mortgage Loans by aggregate Principal Balance of
the Group II Mortgage Loans. In addition, the Adjustable Rate Group II Mortgage
Loans will have a weighted average Gross Margin not less than 4.60% per annum.
For purposes of the calculations described in this paragraph, percentages of the
Group II Mortgage Loans will be based on the Principal Balance of the Initial
Group II Mortgage Loans as of the Cut-off Date and the Principal Balance of the
Subsequent Group II Mortgage Loans as of the related Subsequent Cut-off Date.

         E. Notwithstanding the foregoing, any Subsequent Mortgage Loan may be
rejected by (i) the NIMS Insurer or (ii) any Rating Agency if the inclusion of
any such Subsequent Mortgage Loan would adversely affect the ratings of any
Class of Certificates. At least one Business Day prior to the Subsequent
Transfer Date, each Rating Agency shall notify the Trustee as to which
Subsequent Mortgage Loans, if any, shall not be included in the transfer on the
Subsequent Transfer Date; provided, however, that the Master Servicer, in its
capacity as Originator, shall have delivered to each Rating Agency at least
three Business Days prior to such Subsequent Transfer Date a computer file
acceptable to each Rating Agency describing the characteristics specified in
paragraphs (b), (c) and (d) above.

<PAGE>
                         SUBSEQUENT TRANSFER INSTRUMENT

         Pursuant to this Subsequent Transfer Instrument, dated May 15, 2003
(the "Instrument"), between Option One Mortgage Acceptance Corporation as seller
(the "Depositor"), and Wells Fargo Bank Minnesota, National Association as
trustee of the Option One Mortgage Loan Trust 2003-3 Asset-Backed Certificates,
Series 2003-3, as purchaser (the "Trustee"), and pursuant to the Pooling and
Servicing Agreement, dated as of April 1, 2003 (the "Pooling and Servicing
Agreement"), among the Depositor as depositor, Option One Mortgage Corporation
as master servicer and the Trustee as trustee, the Depositor and the Trustee
agree to the sale by the Depositor and the purchase by the Trustee in trust, on
behalf of the Trust, of the Mortgage Loans listed on the attached Schedule of
Mortgage Loans (the "Subsequent Mortgage Loans").

         Capitalized terms used but not otherwise defined herein shall have the
meanings set forth in the Pooling and Servicing Agreement.

         Section 1.   CONVEYANCE OF SUBSEQUENT MORTGAGE LOANS.

         (a) The Depositor does hereby sell, transfer, assign, set over and
convey to the Trustee in trust, on behalf of the Trust, without recourse, all of
its right, title and interest in and to the Subsequent Mortgage Loans, and
including all amounts due on the Subsequent Mortgage Loans after the related
Subsequent Cut-off Date, and all items with respect to the Subsequent Mortgage
Loans to be delivered pursuant to Section 2.01 of the Pooling and Servicing
Agreement; provided, however that the Depositor reserves and retains all right,
title and interest in and to amounts due on the Subsequent Mortgage Loans on or
prior to the related Subsequent Cut-off Date. The Depositor, contemporaneously
with the delivery of this Agreement, has delivered or caused to be delivered to
the Trustee each item set forth in Section 2.01 of the Pooling and Servicing
Agreement. The transfer to the Trustee by the Depositor of the Subsequent
Mortgage Loans identified on the Mortgage Loan Schedule shall be absolute and is
intended by the Depositor, the Master Servicer, the Trustee and the
Certificateholders to constitute and to be treated as a sale by the Depositor to
the Trust Fund.

         (b) The Depositor, concurrently with the execution and delivery hereof,
does hereby transfer, assign, set over and otherwise convey to the Trustee
without recourse for the benefit of the Certificateholders all the right, title
and interest of the Depositor, in, to and under the Subsequent Mortgage Loan
Purchase Agreement, dated the date hereof, between the Depositor as purchaser
and the Master Servicer as seller, to the extent of the Subsequent Mortgage
Loans.

         (c) Additional terms of the sale are set forth on Attachment A hereto.

         Section 2.   REPRESENTATIONS AND WARRANTIES; CONDITIONS PRECEDENT.

         (a) The Depositor hereby confirms that each of the conditions precedent
and the representations and warranties set forth in Section 2.08 of the Pooling
and Servicing Agreement are satisfied as of the date hereof.

<PAGE>

         (b) All terms and conditions of the Pooling and Servicing Agreement are
hereby ratified and confirmed; provided, however, that in the event of any
conflict, the provisions of this Instrument shall control over the conflicting
provisions of the Pooling and Servicing Agreement.

         Section 3.   RECORDATION OF INSTRUMENT.

         To the extent permitted by applicable law, this Instrument, or a
memorandum thereof if permitted under applicable law, is subject to recordation
in all appropriate public offices for real property records in all of the
counties or other comparable jurisdictions in which any or all of the properties
subject to the Mortgages are situated, and in any other appropriate public
recording office or elsewhere, such recordation to be effected by the Master
Servicer at the Certificateholders' expense on direction of the related
Certificateholders, but only when accompanied by an Opinion of Counsel to the
effect that such recordation materially and beneficially affects the interests
of the Certificateholders or is necessary for the administration or servicing of
the Mortgage Loans.

         Section 4.   GOVERNING LAW.

         This Instrument shall be construed in accordance with the laws of the
State of New York and the obligations, rights and remedies of the parties
hereunder shall be determined in accordance with such laws, without giving
effect to principles of conflicts of law.

         Section 5.   COUNTERPARTS.

         This Instrument may be executed in one or more counterparts and by the
different parties hereto on separate counterparts, each of which, when so
executed, shall be deemed to be an original; such counterparts, together, shall
constitute one and the same instrument.

         Section 6.  SUCCESSORS AND ASSIGNS.

         This Instrument shall inure to the benefit of and be binding upon the
Depositor and the Trustee and their respective successors and assigns.

<PAGE>

                                             OPTION ONE MORTGAGE ACCEPTANCE
                                             CORPORATION

                                             By: _____________________________
                                             Name:
                                             Title:

                                             WELLS FARGO BANK MINNESOTA,
                                             NATIONAL ASSOCIATION, as Trustee
                                             for Option One Mortgage Loan Trust
                                             2003-3, Asset-Backed Certificates,
                                             Series 2003-3

                                             By: ______________________________
                                             Name:
                                             Title:

Attachments
-----------

A. Additional terms of sale.
B. Schedule of Subsequent Mortgage Loans.
C. Schedule of Prepayment Charges.

<PAGE>

                                  ATTACHMENT A

                            ADDITIONAL TERMS OF SALE

         A.       General

                    1.   Subsequent Cut-off Date: May 1, 2003
                    2.   Subsequent Transfer Date: May 15, 2003
                    3.   Aggregate Principal Balance of the Subsequent Mortgage
                         Loans as of the Subsequent Cut-off Date:
                         $220,031,274.91
                    4.   Purchase Price: 100.00%

         B. The obligation of the Trust Fund to purchase a Subsequent Mortgage
Loan on any Subsequent Transfer Date is subject to the satisfaction of the
conditions set forth in the immediately following paragraph and the accuracy of
the following representations and warranties with respect to each such
Subsequent Mortgage Loan determined as of the applicable Subsequent Cut-off
Date: (i) such Subsequent Mortgage Loan may not be 30 or more days delinquent as
of the last day of the month preceding the Subsequent Cut-off Date; (ii) the
original term to stated maturity of such Subsequent Mortgage Loan will not be
less than 120 months and will not exceed 360 months; (iii) such Subsequent
Mortgage Loan will not have a loan-to-value ratio greater than 100.00%; (iv)
such Subsequent Mortgage Loans will have, as of the Subsequent Cut-off Date, a
weighted average term since origination not in excess of 360 months; (v) such
Subsequent Mortgage Loan, if a Fixed Rate Mortgage Loan, shall have a Mortgage
Rate that is not less than 5.00% per annum or greater than 14.00% per annum;
(vi) such Subsequent Mortgage Loan must have a first payment date occurring on
or before June 1, 2003; (vii) if the Subsequent Mortgage Loan is an Adjustable
Rate Mortgage Loan, the Subsequent Mortgage Loan will have a Gross Margin not
less than 1.00% per annum; (viii) if the Subsequent Mortgage Loan is an
Adjustable Rate Mortgage Loan, the Subsequent Mortgage Loan will have a Maximum
Mortgage Rate not less than 11.00% per annum; (ix) if the Subsequent Mortgage
Loan is an Adjustable Rate Mortgage Loan, the Subsequent Mortgage Loan will have
a Minimum Mortgage Rate not less than 4.00% per annum, (x) the Subsequent
Mortgage Loan may not provide for negative amortization; (xi) such Subsequent
Mortgage Loan shall have been serviced by the Master Servicer since origination,
the date of purchase or the date of acquisition of the servicing and (xii) such
Subsequent Mortgage Loan shall have been underwritten in accordance with the
criteria set forth under "Option One Mortgage Corporation--Underwriting
Standards" in the Prospectus Supplement.

         C. Following the purchase of any Subsequent Group I Mortgage Loan by
the Trust, the Group I Mortgage Loans (including such Subsequent Group I
Mortgage Loans) will: (i) have a weighted average original term to stated
maturity of not more than 360 months; (ii) have a weighted average Mortgage Rate
of not less than 7.74% per annum and not more than 7.82% per annum; (iii) have a
weighted average Loan-to-Value Ratio of not more than 80.00%; (iv) have no
Mortgage Loan with a Principal Balance which does not conform to Fannie Mae and
Freddie Mac guidelines; (v) will consist of Mortgage Loans covered

<PAGE>

by the PMI Policy representing no less than 55.00% by aggregate Principal
Balance of the Group I Mortgage Loans; (vi) will consist of Mortgage Loans with
Prepayment Charges representing no less than 74.00% by aggregate Principal
Balance of the Group I Mortgage Loans; and (vii) have no more than 31.50% of
Fixed Rate Mortgage Loans by aggregate Principal Balance of the Group I Mortgage
Loans. In addition, the Adjustable Rate Group I Mortgage Loans will have a
weighted average Gross Margin not less than 4.80% per annum. For purposes of the
calculations described in this paragraph, percentages of the Group I Mortgage
Loans will be based on the Principal Balance of the Initial Group I Mortgage
Loans as of the Cut-off Date and the Principal Balance of the Subsequent Group I
Mortgage Loans as of the related Subsequent Cut-off Date.

         D. Following the purchase of any Subsequent Group II Mortgage Loan by
the Trust, the Group II Mortgage Loans (including such Subsequent Group II
Mortgage Loans) will: (i) have a weighted average original term to stated
maturity of not more than 360 months; (ii) have a weighted average Mortgage Rate
of not less than 7.74% per annum and not more than 7.82% per annum; (iii) have a
weighted average Loan-to-Value Ratio of not more than 80.00%; (iv) have no
Mortgage Loan with a principal balance in excess of $1,000,000; (v) will consist
of Mortgage Loans covered by the PMI Policy representing no less than 45.00% by
aggregate Principal Balance of the Group II Mortgage Loans; (vi) will consist of
Mortgage Loans with Prepayment Charges representing no less than 76.00% by
aggregate Principal Balance of the Group II Mortgage Loans; and (vii) have no
more than 32.00% of Fixed Rate Mortgage Loans by aggregate Principal Balance of
the Group II Mortgage Loans. In addition, the Adjustable Rate Group II Mortgage
Loans will have a weighted average Gross Margin not less than 4.60% per annum.
For purposes of the calculations described in this paragraph, percentages of the
Group II Mortgage Loans will be based on the Principal Balance of the Initial
Group II Mortgage Loans as of the Cut-off Date and the Principal Balance of the
Subsequent Group II Mortgage Loans as of the related Subsequent Cut-off Date.

         E. Notwithstanding the foregoing, any Subsequent Mortgage Loan may be
rejected by (i) the NIMS Insurer or (ii) any Rating Agency if the inclusion of
any such Subsequent Mortgage Loan would adversely affect the ratings of any
Class of Certificates. At least one Business Day prior to the Subsequent
Transfer Date, each Rating Agency shall notify the Trustee as to which
Subsequent Mortgage Loans, if any, shall not be included in the transfer on the
Subsequent Transfer Date; provided, however, that the Master Servicer, in its
capacity as Originator, shall have delivered to each Rating Agency at least
three Business Days prior to such Subsequent Transfer Date a computer file
acceptable to each Rating Agency describing the characteristics specified in
paragraphs (b), (c) and (d) above.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00052-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00052-of-00352.parquet"}]]