Document:

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                                                               Exhibit 10(i)(21)

                                 LIMITED WAIVER
                                       TO
                           CONVERTIBLE LOAN AGREEMENTS

        This Limited Waiver to Convertible Loan Agreements ("LIMITED WAIVER") is
made, as of this 30th day of September, 2006, by and between Renaissance US
Growth Investment Trust PLC, a public limited company registered in England and
Wales formerly known as Renaissance US Growth & Income Trust PLC ("RENAISSANCE
PLC"), and BFSUS Special Opportunities Trust PLC, a public limited company
registered in England and Wales ("BFSUS") (Renaissance PLC and BFSUS are
collectively referred to as the "RENAISSANCE LENDERS"), who are the holders of
not less than a majority of the outstanding principal amount of the Renaissance
Debentures (as defined below) and not less than a majority of the outstanding
principal amount of the Additional Lenders Debentures (as defined below) (the
"HOLDERS").

        WHEREAS, Cover-All Technologies Inc., a Delaware corporation (the
"COMPANY"), the Renaissance Lenders and RENN Capital Group, Inc., formerly known
as Renaissance Capital Group, Inc., a Texas corporation, as agent for the
Renaissance Lenders, are parties to that certain Convertible Loan Agreement,
dated as of June 28, 2001 (as amended, the "RENAISSANCE LOAN AGREEMENT"),
pursuant to which the Renaissance Lenders purchased from the Company 8%
Convertible Debentures due 2008 for an aggregate principal amount of $1,400,000
and 8% Convertible Debentures due 2009 for an aggregate principal amount of
$700,000 (collectively, the "RENAISSANCE DEBENTURES"); and

        WHEREAS, the Company and John Roblin, Arnold Schumsky and Stuart
Sternberg (collectively, the "ADDITIONAL LENDERS" and, together with the
Renaissance Lenders, the "LENDERS"), and Stuart Sternberg, as agent for the
Additional Lenders, are parties to that certain Convertible Loan Agreement,
dated as of June 28, 2001 (as amended, the "ADDITIONAL LOAN AGREEMENT" and,
together with the Renaissance Loan Agreement, the "LOAN AGREEMENTS"), pursuant
to which the Additional Lenders purchased from the Company 8% Convertible
Debentures due 2008 for an aggregate principal amount of $400,000 (the
"ADDITIONAL Debentures" and, together with the Renaissance Debentures, the
"DEBENTURES"); and

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        WHEREAS, terms not otherwise defined herein shall have the meanings as
set forth in the Renaissance Agreement; and

        WHEREAS, for the fiscal quarter ending September 30, 2006, the Company
is not in compliance with the financial covenants set forth in each of the Loan
Agreements; and

        WHEREAS, the Company has requested that the Lenders, pursuant to
Sections 12.02 and 11.04 of the Loan Agreements, waive, solely for the fiscal
quarter ending September 30, 2006, the Company's failure to comply with the
financial covenants set forth in each of the Loan Agreements;

        NOW, THEREFORE, in consideration of the premises and the mutual
agreements set forth herein, the undersigned hereby agree as follows:

        1.      The Holders do hereby waive, solely for the fiscal quarter
ending September 30, 2006, the Company's non-compliance with the financial
covenants contained in each of the Loan Agreements; and

        2.      The Holders do hereby acknowledge and agree that the Company's
non-compliance with the financial covenants in each of the Loan Agreements is
not, and shall not be, deemed a Default or an Event of Default under the Loan
Agreements.

                  [Remainder of page intentionally left blank.]

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        IN WITNESS WHEREOF, this Limited Waiver is entered into as of the date
set forth above.

                       HOLDERS:

                       RENAISSANCE US GROWTH INVESTMENT TRUST PLC

                       By:/s/ Russell Cleveland, President
                          -----------------------------------
                          Russell Cleveland, President,
                          RENN Capital Group, Inc., Investment Manager
                        (holding approximately 50% of the outstanding principal
                        amount of the Renaissance Debentures and approximately
                        42% of the outstanding principal amount of the
                        Debentures)

                       BFS US SPECIAL OPPORTUNITIES TRUST PLC

                       By:/s/ Russell Cleveland, President
                          -----------------------------------
                          Russell Cleveland, President,
                          RENN Capital Group, Inc., Investment Manager
                        (holding approximately 50% of the outstanding principal
                        amount of the Renaissance Debentures and approximately
                        42% of the outstanding principal amount of the
                        Debentures)<PAGE>
                                                                    Exhibit 10.1

                              EMPLOYMENT AGREEMENT

        This Employment Agreement (the "AGREEMENT"), dated November 10, 2006
(the "EFFECTIVE DATE"), is by and between Comtex News Network, Inc., a Delaware
corporation (the "COMPANY"), and Chip Brian (the "EMPLOYEE").

                                    RECITALS

        A.      The Company desires to employ the Employee in the position of
President and Chief Executive Officer for the Company and its affiliates.

        B.      The Employee desires to accept employment on the terms herein
set forth.

        NOW, THEREFORE, in consideration of the premises and of the covenants
herein contained, the parties hereto agree as follows:

1.              EMPLOYMENT. The Company hereby agrees to employ the Employee,
        and the Employee hereby accepts such employment by the Company, upon the
        terms and conditions set forth in this Agreement. The Employee
        acknowledges that his employment may be terminated by the Company for
        any reason, with or without Cause.

2.              TERM. The term of this Agreement will be the two-year period
        commencing November 10, 2006 and ending on October 31, 2008 (the
        "TERM"), unless terminated earlier pursuant to Section 7. The Term may
        also be extended by the written agreement of the parties.

3.              POSITION AND DUTIES OF THE EMPLOYEE.

        (a)           The Employee will serve as the President and Chief
                Executive Officer of the Company, and agrees to serve as an
                officer and/or an employee of such other affiliates of the
                Company as may be requested from time to time by the Board of
                Directors of the Company (the "BOARD"). In such capacity, the
                Employee will report directly to the Board of Directors of the
                Company. The Employee will perform such duties commensurate with
                the Employee's title and position as are usual and customary.

        (b)           During the Term, the Employee will, except as may from
                time to time be otherwise agreed in writing by the Company or as
                set forth herein and during reasonable vacations as set forth in
                Section 6 hereof and authorized leave, devote his best efforts,
                full attention and energies during his normal working time to
                the business of the Company, any duties customary for the
                Employee's position and title and such other related duties and
                responsibilities as may from time to time be reasonably
                prescribed by the Board.

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4.              COMPENSATION.

        (a)           ANNUAL BASE SALARY. During the Term, the Company will pay
                to the Employee an annual base salary of $200,000 (the "ANNUAL
                BASE SALARY"), payable at the times and in the manner consistent
                with the customary payroll practices of the Company. Base salary
                is to be increased to $220,000 on November 1, 2007 and will be
                paid in accordance with customary payroll practices of the
                Company.

        (b)           ANNUAL BONUS. As may be determined by the Board of
                Directors in its sole and absolute discretion, during the Term
                the Employee will be eligible for an annual bonus equal to the
                sum of an amount not to exceed 25% of the Annual Base Salary to
                be paid quarterly, once company financial filings have been
                completed, if it has been determined by the Board that revenues,
                expenses and EBITDA are equal to or greater than the quarterly
                budgets prorated from the annual budgets previously approved by
                the Board of Directors. In the event that quarterly results year
                to date as each quarter passes, including audited results for
                the fiscal year, aggregate less than the Board of Directors
                approved annual budgets then each quarterly bonus to be paid
                will be reduced proportionally.

        (c)           INCENTIVE BONUS. As may be determined by the Board of
                Directors in its sole and absolute discretion, during the Term
                the Employee will be eligible for an annual incentive bonus
                equal to the sum of an amount not to exceed 10% of annual actual
                audited EBITDA less the EBITDA of the Board-approved annual
                budgets, calculated to include all legal expenses but excluding
                up to $350,000 per year, not previously budgeted for the year
                but spent to develop or promote a new line of business, as
                approved by the Board. Any Incentive Bonus earned under this
                paragraph is to be a bonus payable quarterly and progressively
                adjusted to reflect any shortfalls in subsequent quarters and/or
                FY audited numbers. Incentive bonus is to be paid within 30 days
                of the filing of the Company's Annual Report on Form 10-K.

        (d)           BENEFITS. During the Term, the Employee will be eligible
                to participate in any employee benefit plans sponsored by the
                Company for the benefit of its employees (the "EMPLOYEE PLANS"),
                upon the same terms and conditions as other employees of the
                Company. The Employee acknowledges that the Company may change
                its benefit programs from time to time, which may result in
                certain benefit programs being amended or terminated.

        (e)           STOCK OPTIONS. No incentive stock options are to be
                awarded at the execution of this employment agreement, but in
                consideration of Employee performance the Board has decided to
                convert the Employee's Stock Options to Direct Stock ownership
                under a plan to be prepared by Employee in consultation with an
                expert tax advisor and approved by the Board. The Board reserves
                the right to grant additional stock based compensation as
                determined in their sole discretion during this agreement.

<PAGE>

5.              REIMBURSEMENT OF EXPENSES. The Company will pay or reimburse the
        Employee for reasonable and necessary business expenses incurred by the
        Employee in connection with his duties on behalf of the Company in
        accordance with the policies and directives of the Company, including
        lodging expenses in Alexandria, Virginia and the travel expenses
        associated with the Employee's delivery of the services contemplated by
        this Agreement, following submission by the Employee of reimbursement
        expense forms then certified by the Chief Financial Officer that such
        expenses are in a form consistent with Company expense policies.

6.              VACATIONS. The Employee will be entitled to four weeks of
        vacation per year, subject to the terms and conditions of the Company's
        vacation policy. Unused vacation for any year during the Term may be
        accumulated for use in subsequent years up to a maximum of 4 weeks,
        which maximum carryover of vacation days not to exceed one year's
        allowed vacation is forthwith company policy for all employees, unless
        otherwise approved by the Board in advance. The duration of such
        vacations and the time or times they will be taken will be determined by
        the Employee in consultation with the Board.

7.              TERMINATION.

        (a)           EVENTS OF TERMINATION. Notwithstanding any other provision
                of this Agreement to the contrary, this Agreement and the
                Employee's employment under the terms of this Agreement will
                terminate immediately and without notice upon the first of the
                following events to occur:

                (i)        the Employee's death;

                (ii)       a Disability (as defined in Section 7(c) below) of
                        the Employee lasting six months or more; PROVIDED, THAT
                        such Disability is not due to an injury incurred by the
                        Employee in the line of duty while performing company
                        business hereunder;

                (iii)      termination for Cause (as defined in Section 7(d)
                        below) by the Company;

                (iv)       the end of the Term;

                (v)        termination without Cause by the Company;

                (vi)       termination for Good Reason (as defined in Section
                        7(e) below) by the Employee.

        (b)           COMPENSATION UPON TERMINATION.

                (i)        If, prior to the expiration of the Term, the
                        Employee's employment is terminated by the Company due
                        to an event of termination pursuant to Section
                        7(a)(i)-(iv) above, the Employee will not be eligible to
                        receive his Annual Base Salary or to participate in any
                        Employee Plans or bonus plans with respect to future
                        periods after the date of such termination or

<PAGE>

                        resignation except for the right to receive accrued but
                        unpaid Annual Base Salary and vested benefits under any
                        Employee Plan, including any unused vacation time
                        earned, in accordance with the terms of such Employee
                        Plan.

                (ii)       If, prior to the expiration of the Term, the
                        Employee's employment is terminated pursuant to Section
                        7(a)(v) or 7(a)(vi), conditioned upon the Employee
                        delivering to the Company a release in a form reasonably
                        satisfactory to the Company with all periods for
                        revocation expired, notwithstanding any provision in the
                        terms of any Employee Plans or agreements to the
                        contrary, (A) the Company will pay the Employee in lump
                        sum within 30 calendar days following the termination of
                        the Employee's employment his Annual Base Salary then in
                        effect for the greater of (x) 12 months or (y) the
                        remainder of the Term (the "SEVERANCE PERIOD"), (B) all
                        stock options granted to Employee under the Stock Option
                        Plan will vest and become exercisable in full as of the
                        date of such termination, and (C) Employee will be
                        entitled to receive benefits in the Employee Plans at
                        Employer's expense for a period not to exceed 18 months.

        (c)           DISABILITY. For purposes of this Agreement, "DISABILITY"
                will mean:

                (i)        the Employee's incapacity due to accident or physical
                        or mental illness to substantially perform his duties
                        and the essential functions of his position that the
                        Employee was performing for the Company before the
                        accident or illness, with or without reasonable
                        accommodation, on a full-time basis for at least six
                        months in any 12-month period as determined by the
                        Company in its reasonable discretion, and within 30 days
                        after a notice of termination is thereafter given by the
                        Company, the Employee will not have returned to the
                        full-time performance of the Employee's duties; or

                (ii)       the Employee becomes eligible to receive benefits
                        under the Company's long-term disability plan; provided,
                        HOWEVER, if the Employee will not agree with a
                        determination to terminate his employment because of
                        Disability, the question of the Employee's disability
                        will be subject to the certification of a qualified
                        medical doctor agreed to by the Company and the
                        Employee.

        (d)           CAUSE. For purposes of this Agreement, "CAUSE" will mean:

                (i)        any act or omission constituting a material breach by
                        the Employee of any provisions of this Agreement or the
                        substantial failure by the Employee to perform his
                        duties hereunder (other than any such failure resulting
                        from the Employee's Disability);

                (ii)       any act or misconduct materially injurious to the
                        Company or any affiliate, financial or otherwise, or the
                        misappropriation, fraud,

<PAGE>

                        embezzlement or conversion by the Employee of the
                        Company's or any of its affiliate's property in
                        connection with the Employee's duties or in the course
                        of the Employee's employment with the Company; or

                (iii)      the conviction or plea of no contest of the Employee
                        for any felony involving fraud, moral turpitude,
                        embezzlement or theft in connection with the Employee's
                        duties or in the course of the Employee's employment
                        with the Company.

        (e)           GOOD REASON. For purposes of this Agreement, "GOOD REASON"
                will mean:

                (i)        the Company's requirement that the Employee be based
                        or perform his duties anywhere other than (A) at
                        Employee's current employment location on the date of
                        this Agreement or (B) if Employee's current employment
                        location is moved after the date of this Agreement, at a
                        new location that is no more than 20 miles from such
                        prior location;

                (ii)       the failure of the Company to comply with any
                        material provision of this Agreement, and the Company
                        has not cured such failure within 30 calendar days after
                        notice of such noncompliance has been given by the
                        Employee to the Company, or if such failure is not
                        capable of being cured in such time, a cure shall not
                        have been diligently initiated by the Company within
                        such 30 calendar day period and the Company shall not
                        have cured such failure within 60 calendar days; or

                (iii)      a material adverse change or reduction in the nature
                        or scope of the authorities, powers, functions,
                        responsibilities or duties attached to the position with
                        the Company which the Employee held on the Effective
                        Date.

        (f)           CHANGE OF CONTROL. In the event that the Employee's
                employment hereunder is terminated for any reason other than by
                the Company for Cause or voluntarily by Employee without Good
                Reason during the one-year period subsequent to a Change of
                Control, (A) the Company will pay the Employee his Annual Base
                Salary then in effect for the greater of (x) 12 months or (y)
                the Severance Period, (B) all stock options granted to Employee
                under the Stock Option Plan will vest and become exercisable in
                accordance with the Stock Option Plan, and (C) Employee will be
                entitled to participate in the Employee Plans at Employer's
                expense for a period not to exceed one year following the date
                of such termination.

For purposes of this Agreement, "CHANGE OF CONTROL" means if:

                (i)        any "person" (as such term is used in Sections 13(d)
                        and 14(d) of the Securities Exchange Act of 1934, as
                        amended (the "EXCHANGE ACT")), who is not on the date
                        hereof a "beneficial owner" (as defined in Rule 13d-3
                        under the Exchange Act) of at least 10% of the voting
                        capital stock of

<PAGE>

                        the Company becomes the beneficial owner (as so
                        defined), directly or indirectly, of securities of the
                        Company representing 50% or more of the total voting
                        power represented by the Company's then outstanding
                        voting securities;

                (ii)       the Company consummates a merger or consolidation
                        with or into another company, other than a merger or
                        consolidation which would result in the voting
                        securities of the Company outstanding immediately prior
                        thereto continuing to represent (either by remaining
                        outstanding or by being converted into voting securities
                        of the surviving entity) at least 51% of the total
                        voting power represented by the voting securities of the
                        Company or such surviving entity outstanding immediately
                        after such merger or consolidation; or

                (iii)      the sale or disposition by the Company of all or
                        substantially all of the Company's assets, in one or a
                        series of transactions, to persons other than persons
                        who on the date hereof were beneficial owners of 10% or
                        more of the Company's then outstanding voting
                        securities.

        (g)           NO MITIGATION OBLIGATION. The Employee will not be
                required to mitigate the amount of any payment made pursuant to
                Section 7 of this Agreement by seeking other employment or
                otherwise.

8.              NON-COMPETITION. In consideration of the Company entering into
        this Agreement, for a period commencing on the Effective Date until one
        year after termination of employment (the "NON-COMPETE PERIOD"), the
        Employee covenants and agrees that the Employee will not, directly or
        indirectly, individually or on behalf of any other person, group or
        entity do or suffer any of the following: engage or be interested in
        (whether as owner, stockholder, investor, partner, lender, consultant,
        employee, agent, director or otherwise) (a) any business, activity or
        enterprise which is then competing with or planning to compete with the
        business of any division or operation of the Company, any of its
        subsidiaries or any affiliate of the Company or its subsidiaries
        (collectively the "COMPANY GROUP") or (b) any activity in which the
        Employee participated or had responsibility during the term of the
        Employee's employment with the Company Group within the United States or
        any foreign jurisdiction in which the Company conducts its business,
        (the "TERRITORY"); PROVIDED, HOWEVER, that the Employee's ownership of
        less than 1% of any class of stock in a listed publicly traded
        corporation will not be deemed a breach of this Agreement.
        Notwithstanding any other provision of this agreement Employee shall not
        be prohibited from owning any percent interest of any other non-public
        business so long as that business does not compete with the Company nor
        does Employee's ownership of a percentage interest in such business
        cause the Employee to not "devote his best efforts, full attention and
        energies during his normal working time to the business of the Company"
        as provided in Section 3(b) hereinabove.

9.              NON-SOLICITATION AND NON-EMPLOYMENT. In consideration of the
        Company entering into this Agreement, the Employee covenants and agrees
        that the Employee will not, without the prior written consent of the
        Company, directly or indirectly, individually

<PAGE>

        or on behalf of any other person or entity do or suffer any of the
        following for a period commencing on the Effective Date until the
        expiration of the Severance Period or until one year after termination
        of employment, whichever is greater (the "NON-SOLICITATION PERIOD"): (a)
        hire or employ or assist in hiring or employing any person who is or had
        been an employee, representative or agent of any member of the Company
        Group at any time during the 6-month period prior to termination of the
        Employee's employment or solicit, aid, induce or attempt to solicit,
        aid, induce or persuade, directly or indirectly, such person to leave
        his or her employment with any member of the Company Group to terminate
        such relationship and/or to accept employment with any other person or
        entity; or (b) solicit any client of the Company Group, or any person or
        entity whose business the Company Group had solicited during the 6-month
        period prior to termination of the Employee's employment, within the
        Territory for purposes of business which is competitive to the Company
        Group.

10.             DISCLOSURE OF INFORMATION. The Employee acknowledges and agrees
        that due to the Employee's unique and special contributions to the
        Company Group in the Employee's position, the Employee is and will
        continue to be privy to and ultimately responsible for every type of
        information generated by the Company Group (whether reduced to writing
        or in a form from which information can be derived into reasonably
        usable form), maintained in the Employee's memory or created by the
        Company, which derives independent economic value from not being readily
        known by proper means by others who can obtain economic value from the
        disclosure or use of such information, of a proprietary, secret or
        confidential nature concerning the Company's business, relationships or
        financial affairs (collectively, "CONFIDENTIAL INFORMATION") so that the
        Employee's employment in any capacity for a competing business will
        create an unreasonable and real risk of disclosure, inevitable or
        otherwise, of all Confidential Information. During the Employee's
        employment and on a permanent basis following termination of the
        Employee's employment, the Employee covenants and agrees to keep in
        strict confidence and not disclose in any manner, without written
        approval of the Company, any Confidential Information to any person,
        group or entity other than appropriate employees of the Company or use
        such information for any purposes other than in connection with the
        performance of the Employee's duties, either during or after the
        Employee's employment with the Company.

11.             REPRESENTATIONS.

        (a)           The Employee hereby represents that he is not subject to
                any restriction of any nature whatsoever on his ability to enter
                into this Agreement or to perform his duties and
                responsibilities hereunder, including, but not limited to, any
                covenant not to compete with any former employer, any covenant
                not to disclose or use any non-public information acquired
                during the course of any former employment or any covenant not
                to solicit any customer of any former employer.

        (b)           The Employee hereby represents that, except as he has
                disclosed in writing to the Company, he is not bound by the
                terms of any agreement with any previous employer or other party
                to refrain from using or disclosing any trade secret or
                confidential or proprietary information in the course of the
                Employee's

<PAGE>

                employment with the Company or to refrain from competing,
                directly or indirectly, with the business of such previous
                employer or any other party.

        (c)           The Employee hereby represents that, to the best of his
                knowledge, his performance of all the terms of this Agreement
                and as an employee of the Company does not and will not breach
                any agreement with another party, including without limitation
                any agreement to keep in confidence proprietary information,
                knowledge or data the Employee acquired in confidence or in
                trust prior to his employment with the Company, and that he will
                not knowingly disclose to the Company or induce the Company to
                use any confidential or proprietary information or material
                belonging to any previous employer or others.

12.             ASSIGNMENT. The services to be rendered by the Employee under
        this Agreement are unique and personal, and the Employee may not assign
        any of his rights or delegate any of his duties under this Agreement.
        Except as provided in the immediately preceding sentence, this Agreement
        will benefit the Employee and his heirs and personal representatives.

13.             VALIDITY/SEVERABILITY. If any provision of this Agreement or the
        application of any provision hereof to any person or circumstances is
        held invalid, unenforceable or otherwise illegal, the remainder of this
        Agreement and the application of such provision to any other person or
        circumstances will not be affected, and the provision so held to be
        invalid, unenforceable or otherwise illegal will be reformed to the
        extent (and only to the extent) necessary to make it enforceable, valid
        or legal. To the extent any provision is held to be invalid,
        unenforceable or otherwise illegal and cannot be reformed, such
        provision is to be stricken here from and the remainder of this
        Agreement will be binding on the parties and their successors and
        assigns as if such invalid or illegal provisions were never included in
        this Agreement from the first instance.

14.             ARBITRATION.

        (a)           Any dispute, claim or controversy arising out of or
                relating to this Agreement, including without limitation any
                dispute, claim or controversy concerning validity,
                enforceability, breach or termination hereof, will be finally
                settled through arbitration by a single arbitrator selected
                under the rules of the American Arbitration Association for
                arbitration of employment disputes conducted in New York State,
                City of New York. Each party will be entitled to present
                evidence and argument to the arbitrator. The arbitrator will
                have the right only to interpret and apply the provisions of
                this Agreement and may not change any of its provisions, except
                as expressly provided in Section 13. The arbitrator will permit
                reasonable pre-hearing discovery of facts, to the extent
                necessary to establish a claim or a defense to a claim, subject
                to supervision by the arbitrator. The determination of the
                arbitrator will be conclusive and binding upon the parties and
                judgment upon the same may be entered in any court having
                jurisdiction thereof. The expenses of arbitration will be borne
                equally by the Company and the employee.

<PAGE>

        (b)            Notwithstanding Section 14(a), the Company will not be
                required to seek or participate in arbitration regarding any
                actual or threatened breach of the Employee's covenants in
                Sections 8, 9 and 10, but may pursue its remedies, including
                injunctive relief, for such breach in a court of competent
                jurisdiction, and no arbitrator may make any ruling inconsistent
                with the findings or rulings of such court.

15.             NONDISPARAGEMENT. While employed by the Company and for the
        duration of the Severance Period, the Employee agrees that the Employee
        will not, directly or indirectly, make or cause to be made any statement
        or criticism which is adverse to the interests of the Company Group or
        its clients; nor will the Employee take any action that may reasonably
        cause the Company Group or its clients significant embarrassment,
        humiliation, or otherwise cause or contribute to the Company Group or
        their clients being held in disrepute by the public or the Company
        Group's clients, customers, or employees, except as required by law;
        PROVIDED, HOWEVER, that nothing herein will be interpreted to preclude
        the Employee's honest and good faith reporting to the Company, its
        counsel, or appropriate legal enforcement authorities.

16.             SURVIVAL. The Employee and the Company agree that for the
        Severance Period the Employee's covenants set forth in Sections 8, 9 and
        10 will survive any termination or expiration of this Agreement.

17.             NOTICE. Any notice required or permitted to be given hereunder
        will be deemed sufficiently given if sent by registered or certified
        mail, postage prepaid, addressed to the addressee at the Employee's or
        the Company's address last provided to the sender in writing by the
        addressee for purposes of receiving notices hereunder or, unless or
        until such address will be so furnished, to the address indicated
        opposite the Employee's or the Company's signature to this Agreement.
        Each party may also provide notice by sending the other party a
        facsimile at a number provided by such other party.

18.             GOVERNING LAW. The validity, interpretation, construction and
        performance of this Agreement will be governed by and construed in
        accordance with the substantive laws of New York State, without giving
        effect to the principles of conflict of laws of such State.

19.             AMENDMENT; WAIVER. This Agreement may not be modified, amended
        or waived in any manner except by an instrument in writing, specifically
        referring to this Agreement and signed by both parties hereto. No waiver
        by either party hereto at any time of any breach by the other party
        hereto or compliance with any condition or provision of this Agreement
        to be performed by such other party will be deemed a waiver of similar
        or dissimilar provisions or conditions at the same or at any prior or
        subsequent time.

20.           COUNTERPARTS. This Agreement may be executed in two or more
        counterparts, each of which will be deemed an original but all of which
        together will constitute one and the same Agreement.

<PAGE>

21.             ENTIRE CONTRACT. This Agreement constitutes the entire
        understanding and agreement between the Company and the Employee with
        regard to all matters herein and supersedes any prior agreements,
        including any employment agreements and discussions between the parties.
        There are no other agreements, conditions or representations, oral or
        written, expressed or implied with regard thereto.

22.             HEADINGS. Unless otherwise noted, the headings of sections in
        this Agreement are included solely for convenience of reference and will
        not control the meaning or the interpretation of any provisions of this
        Agreement.

IN WITNESS WHEREOF, the Company has caused this Agreement to be signed by an
officer pursuant to the authority of its Board, and the Employee has executed
this Agreement, as of the day and year first written above.

                               COMTEX NEWS NETWORK, INC.

                               By: /s/ C.W. Gilluly
                               --------------------
                                  C.W. Gilluly
                                  Chairman, Board of Directors

                               By: /s/ Chip Brian
                               ------------------
                                   Chip Brian

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