Document:

EXHIBIT 10.9
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                          REGISTRATION RIGHTS AGREEMENT
                          -----------------------------

      REGISTRATION  RIGHTS AGREEMENT (this  "AGREEMENT"),  dated as of March 21,
2001, by and among  NEXLAND,  INC., a Delaware  corporation,  with its principal
office located at 1101 Brickell Avenue,  North Tower, 2nd Floor, Miami,  Florida
(the "COMPANY"), and CORNELL CAPITAL PARTNERS, LP (the "INVESTOR" INVESTOR).

      WHEREAS:

      A. The Company and the Investor identified in the Line of Credit Agreement
(the "INVESTOR") have entered into a Line of Credit, dated as of the date hereof
(the "LINE OF CREDIT AGREEMENT"),  pursuant to which the Company shall issue and
sell to the  Investor,  from  time to time as  provided  in the  Line of  Credit
Agreement,   and  the  Investor  shall  purchase  up  to  Five  Million  Dollars
($5,000,000) of Debentures (the "LINE OF CREDIT  CONVERTIBLE  DEBENTURES") for a
total purchase price of Five Million Dollars ($5,000,000);

      B.  In  connection  with  the  sale  of the  Line  of  Credit  Convertible
Debentures  the Company is granting to the Investor  the right to purchase  upon
the conversion of the Line of Credit Convertible Debentures the number of shares
of common stock of the Company,  par value $0.0001 per share (the "COMMON STOCK"
equal to (i) the principal  amount of the Debentures  (ii) divided by 80% of the
Market Price (as defined in the Line of Credit  Agreement)  of the Common Stock;
and

      C. To induce  the  Investor  to  execute  and  deliver  the Line of Credit
Agreement,  the Company has agreed to provide certain  registration rights under
the  Securities  Act  of  1933,  as  amended,  and  the  rules  and  regulations
thereunder, or any similar successor statute (collectively, the "1933 ACT"), and
applicable state securities laws.

      NOW, THEREFORE,  in consideration of the premises and the mutual covenants
contained  herein and other good and  valuable  consideration,  the  receipt and
sufficiency  of which are hereby  acknowledged,  the  Company  and the  Investor
hereby agree as follows:

      1. DEFINITIONS.
         -----------

      As used in this  Agreement,  the following  terms shall have the following
meanings:

         a. "INVESTOR" means the Investor and any transferee or assignee thereof
to whom an Investor  assigns its rights under this  Agreement  and who agrees to
become bound by the provisions of this Agreement in accordance with Section 9.

         b.  "PERSON"  means a  corporation,  a limited  liability  company,  an
association,  a partnership,  an  organization,  a business,  an  individual,  a
governmental or political subdivision thereof or a governmental agency.

<PAGE>

         c. "REGISTER," "REGISTERED," and "REGISTRATION" refer to a registration
effected by preparing and filing one or more Registration Statements (as defined
below) in  compliance  with the 1933 Act and pursuant to Rule 415 under the 1933
Act or any successor rule  providing for offering  securities on a continuous or
delayed basis ("RULE 415"),  and the declaration or ordering of effectiveness of
such  Registration  Statement(s)  by the United States  Securities  and Exchange
Commission (the "SEC").

         d.  "REGISTRABLE  SECURITIES" means the shares of Common Stock issuable
to  Investor  upon  conversion  of the  Line of  Credit  Convertible  Debentures
issuable pursuant to the Line of Credit Agreement.

         e.  "REGISTRATION  STATEMENT" means a registration  statement under the
1933 Act which covers the Registrable Securities.

      2. REGISTRATION.
         ------------

         a. MANDATORY REGISTRATION.  The Company shall prepare and file with the
SEC a  Registration  Statement  on Form S-3  covering  the  resale of all of the
Registrable  Securities.  In the event that Form S-3 is  unavailable  for such a
registration,  the Company  shall use such other form as is available for such a
registration. The Company shall cause such Registration Statement to be declared
effective by the SEC prior to the first sale to Investor of the Company's Common
Stock pursuant to the Line of Credit Agreement.

         b. INELIGIBILITY  FOR FORM  S-3.  In  the  event  that  Form S-3 is not
available for the registration of Registrable Securities hereunder,  the Company
shall (i) register the sale of the Registrable Securities on another appropriate
form and (ii)  undertake to register the  Registrable  Securities on Form S-3 as
soon as such form is available,  provided  that the Company  shall  maintain the
effectiveness of the Registration  Statement then in effect until such time as a
Registration  Statement on Form S-3 covering the Registrable Securities has been
declared effective by the SEC.

         c. SUFFICIENT NUMBER OF SHARES  REGISTERED.  In the event the number of
shares  available under a Registration  Statement filed pursuant to Section 2.a.
is insufficient to cover all of the  Registrable  Securities  which the Investor
has purchased pursuant to the Line of Credit Agreement,  the Company shall amend
the Registration  Statement,  or file a new Registration Statement (on the short
form available  therefore,  if applicable),  or both, so as to cover all of such
Registrable  Securities which the Investor has purchased pursuant to the Line of
Credit Agreement as soon as practicable, but in any event not later than fifteen
(15) days after the necessity  therefore arises.  The Company shall use its best
efforts to cause such  amendment  and/or new  Registration  Statement  to become
effective as soon as practicable  following the filing thereof.  For purposes of
the foregoing  provision,  the number of shares  available  under a Registration
Statement  shall  be  deemed  "insufficient  to  cover  all of  the  Registrable
Securities" if at any time the number of Registrable  Securities  issuable on an
Advance  Notice Date is greater than the number of shares  available  for resale
under such Registration Statement.

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      3  RELATED OBLIGATIONS.
         -------------------

         a. The Company shall keep the Registration Statement effective pursuant
to Rule 415 at all times  until the date on which the  Investor  shall have sold
all the  Registrable  Securities  covered by such  Registration  Statement  (the
"REGISTRATION  PERIOD"),  which Registration Statement (including any amendments
or supplements thereto and prospectuses contained therein) shall not contain any
untrue statement of a material fact or omit to state a material fact required to
be stated therein,  or necessary to make the statements therein, in light of the
circumstances in which they were made, not misleading.

         b. The  Company  shall  prepare  and file with the SEC such  amendments
(including   post-effective   amendments)  and  supplements  to  a  Registration
Statement  and  the  prospectus  used  in  connection  with  such   Registration
Statement,  which  prospectus  is to be filed  pursuant to Rule 424  promulgated
under the 1933 Act,  as may be  necessary  to keep such  Registration  Statement
effective at all times during the Registration  Period, and, during such period,
comply with the  provisions of the 1933 Act with respect to the  disposition  of
all Registrable Securities of the Company covered by such Registration Statement
until such time as all of such  Registrable  Securities shall have been disposed
of in  accordance  with the  intended  methods of  disposition  by the seller or
sellers  thereof  as set forth in such  Registration  Statement.  In the case of
amendments and supplements to a Registration  Statement which are required to be
filed pursuant to this  Agreement  (including  pursuant to this Section  3.b.)by
reason of the Company's  filing a report on Form 10-K,  Form 10-Q or Form 8-K or
any analogous report under the Securities  Exchange Act of 1934, as amended (the
"1934 ACT"), the Company shall have  incorporated  such report by reference into
the  Registration  Statement,  if applicable,  or shall file such  amendments or
supplements  with the SEC on the same day on which the 1934 Act  report is filed
which  created  the  requirement  for the  Company  to amend or  supplement  the
Registration Statement.

         c.  The  Company  shall  furnish  to each  Investor  whose  Registrable
Securities are included in any Registration  Statement,  without charge,  (i) at
least one (1) copy of such Registration  Statement as declared  effective by the
SEC and any amendment(s) thereto,  including financial statements and schedules,
all  documents  incorporated  therein  by  reference,   all  exhibits  and  each
preliminary prospectus, (ii) ten (10) copies of the final prospectus included in
such Registration  Statement and all amendments and supplements thereto (or such
other number of copies as such Investor may  reasonably  request) and (iii) such
other  documents as such  Investor may  reasonably  request from time to time in
order to facilitate the disposition of the Registrable  Securities owned by such
Investor.

         d. The Company  shall use its best  efforts to (i) register and qualify
the Registrable  Securities covered by a Registration Statement under such other
securities or "blue sky" laws of such  jurisdictions in the United States as any
Investor reasonably requests, (ii) prepare and file in those jurisdictions, such
amendments  (including  post-effective   amendments)  and  supplements  to  such
registrations   and   qualifications   as  may  be  necessary  to  maintain  the
effectiveness  thereof  during the  Registration  Period,  (iii) take such other
actions as may be necessary to maintain such registrations and qualifications in
effect at all times  during  the  Registration  Period,  and (iv) take all other
actions reasonably necessary or advisable to qualify the Registrable  Securities
for sale in such jurisdictions; provided, however, that the Company shall not be

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required  in  connection  therewith  or as a  condition  thereto to (w) make any
change to its  certificate  of  incorporation  or  by-laws,  (x)  qualify  to do
business in any jurisdiction where it would not otherwise be required to qualify
but for this Section 3.d.,  (y) subject  itself to general  taxation in any such
jurisdiction,  or (z) file a general  consent  to service of process in any such
jurisdiction.  The  Company  shall  promptly  notify  each  Investor  who  holds
Registrable  Securities of the receipt by the Company of any  notification  with
respect to the suspension of the  registration  or  qualification  of any of the
Registrable  Securities  for sale under the securities or "blue sky" laws of any
jurisdiction  in the  United  States  or its  receipt  of  actual  notice of the
initiation or threat of any proceeding for such purpose.

         e. As promptly as  practicable  after  becoming  aware of such event or
development,  the Company shall notify each Investor in writing of the happening
of any event as a result  of which the  prospectus  included  in a  Registration
Statement, as then in effect, includes an untrue statement of a material fact or
omission to state a material fact required to be stated  therein or necessary to
make the statements therein, in light of the circumstances under which they were
made,  not  misleading  (provided that in no event shall such notice contain any
material, nonpublic information), and promptly prepare a supplement or amendment
to such Registration Statement to correct such untrue statement or omission, and
deliver ten (10) copies of such  supplement or amendment to each  Investor.  The
Company  shall  also  promptly  notify  each  Investor  in  writing  (i)  when a
prospectus or any  prospectus  supplement or  post-effective  amendment has been
filed,  and when a Registration  Statement or any  post-effective  amendment has
become effective  (notification of such effectiveness shall be delivered to each
Investor  by  facsimile  on the  same  day of such  effectiveness),  (ii) of any
request by the SEC for amendments or supplements to a Registration  Statement or
related prospectus or related information, and (iii) of the Company's reasonable
determination that a post-effective  amendment to a Registration Statement would
be appropriate.

         f. The Company  shall use its best  efforts to prevent the  issuance of
any stop order or other suspension of effectiveness of a Registration Statement,
or the suspension of the qualification of any of the Registrable  Securities for
sale in any  jurisdiction  within the United  States of America  and, if such an
order or  suspension  is  issued,  to obtain  the  withdrawal  of such  order or
suspension at the earliest possible moment and to notify each Investor who holds
Registrable  Securities  being  sold  of the  issuance  of  such  order  and the
resolution  thereof or its receipt of actual notice of the  initiation or threat
of any proceeding for such purpose.

         g. At the reasonable request of any Investor, the Company shall furnish
to such Investor, on the date of the effectiveness of the Registration Statement
and  thereafter  from time to time on such dates as an Investor  may  reasonably
request (i) a letter, dated such date, from the Company's  independent certified
public  accountants in form and substance as is customarily given by independent
certified public accountants to underwriters in an underwritten public offering,
and (ii) an opinion,  dated as of such date, of counsel representing the Company
for purposes of such Registration  Statement, in form, scope and substance as is
customarily given in an underwritten public offering, addressed to the Investor.

         h. The Company shall make  available for inspection by (i) any Investor
and (ii) one  firm of  accountants  or other  agents  retained  by the  Investor
(collectively,  the "INSPECTORS") all pertinent financial and other records, and
pertinent corporate documents and properties of the Company  (collectively,  the

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<PAGE>

"RECORDS"), as shall be reasonably deemed necessary by each Inspector, and cause
the Company's officers,  directors and employees to supply all information which
any Inspector may reasonably  request;  provided,  however,  that each Inspector
shall agree, and each Investor hereby agrees,  to hold in strict  confidence and
shall not make any  disclosure  (except to an  Investor) or use of any Record or
other information which the Company determines in good faith to be confidential,
and of which  determination  the  Inspectors  are so  notified,  unless  (a) the
disclosure  of such Records is necessary to avoid or correct a  misstatement  or
omission in any Registration  Statement or is otherwise  required under the 1933
Act,  (b)  the  release  of  such  Records  is  ordered  pursuant  to  a  final,
non-appealable  subpoena or order from a court or  government  body of competent
jurisdiction,  or (c) the  information  in such Records has been made  generally
available  to the public  other than by  disclosure  in violation of this or any
other  agreement of which the  Inspector  and the Investor has  knowledge.  Each
Investor agrees that it shall,  upon learning that disclosure of such Records is
sought  in or by a court  or  governmental  body of  competent  jurisdiction  or
through other means, give prompt notice to the Company and allow the Company, at
its expense,  to undertake  appropriate  action to prevent  disclosure of, or to
obtain a protective order for, the Records deemed confidential.

         i. The Company shall hold in confidence  and not make any disclosure of
information concerning an Investor provided to the Company unless (i) disclosure
of such  information  is necessary  to comply with  federal or state  securities
laws, (ii) the disclosure of such information is necessary to avoid or correct a
misstatement  or omission in any  Registration  Statement,  (iii) the release of
such   information   is  ordered   pursuant  to  a  subpoena  or  other   final,
non-appealable   order  from  a  court  or   governmental   body  of   competent
jurisdiction,  or (iv) such information has been made generally available to the
public other than by  disclosure  in  violation  of this  Agreement or any other
agreement.  The Company agrees that it shall,  upon learning that  disclosure of
such  information  concerning  an  Investor  is  sought  in  or  by a  court  or
governmental body of competent  jurisdiction or through other means, give prompt
written  notice to such  Investor  and allow such  Investor,  at the  Investor's
expense, to undertake  appropriate action to prevent disclosure of, or to obtain
a protective order for, such information.

         j. The  Company  shall  use its best  efforts  either  to cause all the
Registrable  Securities covered by a Registration  Statement (i) to be listed on
each securities  exchange on which securities of the same class or series issued
by the Company  are then  listed,  if any,  if the  listing of such  Registrable
Securities  is then  permitted  under the rules of such  exchange or (ii) secure
designation  and  quotation  of all the  Registrable  Securities  covered by the
Registration  Statement  on the Nasdaq  National  Market or The Nasdaq  SmallCap
Market or, if,  despite the  Company's  best  efforts to satisfy  the  preceding
clause (i) or (ii),  the Company is  unsuccessful  in  satisfying  the preceding
clause (i) or (ii),  to secure  the  inclusion  for  quotation  on the  National
Association of Securities Dealers,  Inc. OTC Bulletin Board for such Registrable
Securities.  The  Company  shall pay all fees and  expenses in  connection  with
satisfying its obligation under this Section 3.j.

         k. The Company shall  cooperate with the Investor who hold  Registrable
Securities being offered and, to the extent applicable, to facilitate the timely
preparation  and delivery of certificates  (not bearing any restrictive  legend,
except as provided in Section 9.1 of the Line of Credit Agreement)  representing
the Registrable  Securities to be offered  pursuant to a Registration  Statement

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<PAGE>

and enable such certificates to be in such denominations or amounts, as the case
may be, as the Investor may  reasonably  request and registered in such names as
the Investor may request.

         l. The  Company  shall use its best  efforts  to cause the  Registrable
Securities  covered by the  applicable  Registration  Statement to be registered
with or approved by such other  governmental  agencies or  authorities as may be
necessary to consummate the disposition of such Registrable Securities.

         m. The Company shall make generally  available to its security  holders
as soon as practical, but not later than ninety (90) days after the close of the
period  covered  thereby,  an earnings  statement  (in form  complying  with the
provisions  of Rule 158 under the 1933 Act)  covering a twelve (12) month period
beginning  not later than the first (1st) day of the  Company's  fiscal  quarter
next following the effective date of the Registration Statement.

         n. The Company shall  otherwise use its best efforts to comply with all
applicable  rules and regulations of the SEC in connection with any registration
hereunder.

         o. Within two (2) business days after a  Registration  Statement  which
covers Registrable Securities is ordered effective by the SEC, the Company shall
deliver,  and shall  cause legal  counsel  for the  Company to  deliver,  to the
transfer  agent for such  Registrable  Securities  (with  copies to the Investor
whose  Registrable  Securities  are  included  in such  Registration  Statement)
confirmation that such Registration Statement has been declared effective by the
SEC in the form attached hereto as EXHIBIT A.

         p. The Company  shall take all other  reasonable  actions  necessary to
expedite and facilitate  disposition  by the Investor of Registrable  Securities
pursuant to a Registration Statement.

      4. OBLIGATIONS OF THE INVESTOR.
         ---------------------------

      Each Investor  agrees that, upon receipt of any notice from the Company of
the  happening  of any event of the kind  described in Section 3.f. or the first
sentence of 3.e.,  such Investor will  immediately  discontinue  disposition  of
Registrable  Securities pursuant to any Registration  Statement(s) covering such
Registrable  Securities  until  such  Investor's  receipt  of the  copies of the
supplemented  or amended  prospectus  contemplated by Section 3.e. or receipt of
notice that no supplement or amendment is required.  Notwithstanding anything to
the contrary,  the Company shall cause its transfer agent to deliver  unlegended
certificates  for  shares of Common  Stock to a  transferee  of an  Investor  in
accordance with the terms of the Line of Credit Agreement in connection with any
sale of  Registrable  Securities  with  respect to which an Investor has entered
into a contract  for sale prior to the  Investor's  receipt of a notice from the
Company of the  happening of any event of the kind  described in Section 3.f. or
the first  sentence  of  Section  3.e.  and for which the  Investor  has not yet
settled.

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<PAGE>

      5. EXPENSES OF REGISTRATION.
         ------------------------

      All  expenses  incurred  in  connection  with  registrations,  filings  or
qualifications pursuant to Sections 2 and 3, including,  without limitation, all
registration,  listing and qualifications fees,  printers,  legal and accounting
fees shall be paid by the Company.

      6. INDEMNIFICATION.

      With  respect  to   Registrable   Securities   which  are  included  in  a
Registration Statement under this Agreement:

         a. To the fullest extent permitted by law, the Company will, and hereby
does,  indemnify,  hold  harmless  and  defend  each  Investor,  the  directors,
officers, partners,  employees, agents,  representatives of, and each Person, if
any, who  controls  any Investor  within the meaning of the 1933 Act or the 1934
Act (each,  an  "INDEMNIFIED  PERSON"),  against  any losses,  claims,  damages,
liabilities,  judgments, fines, penalties, charges, costs, reasonable attorneys'
fees,  amounts paid in settlement or expenses,  joint or several  (collectively,
"CLAIMS") incurred in investigating,  preparing or defending any action,  claim,
suit, inquiry,  proceeding,  investigation or appeal taken from the foregoing by
or before any court or governmental,  administrative or other regulatory agency,
body or the SEC,  whether  pending or threatened,  whether or not an indemnified
party is or may be a party thereto ("INDEMNIFIED DAMAGES"), to which any of them
may become subject  insofar as such Claims (or actions or  proceedings,  whether
commenced or threatened, in respect thereof) arise out of or are based upon: (i)
any  untrue  statement  or alleged  untrue  statement  of a  material  fact in a
Registration Statement or any post-effective  amendment thereto or in any filing
made in connection with the  qualification  of the offering under the securities
or other "blue sky" laws of any jurisdiction in which Registrable Securities are
offered  ("BLUE SKY  FILING"),  or the  omission or alleged  omission to state a
material fact required to be stated  therein or necessary to make the statements
therein not misleading; (ii) any untrue statement or alleged untrue statement of
a material fact contained in any final  prospectus (as amended or  supplemented,
if the Company files any amendment  thereof or supplement  thereto with the SEC)
or the omission or alleged omission to state therein any material fact necessary
to make the statements made therein,  in light of the circumstances  under which
the  statements  therein were made,  not  misleading;  or (iii) any violation or
alleged  violation  by the Company of the 1933 Act, the 1934 Act, any other law,
including,  without  limitation,  any  state  securities  law,  or any  rule  or
regulation  thereunder  relating  to  the  offer  or  sale  of  the  Registrable
Securities  pursuant to a  Registration  Statement (the matters in the foregoing
clauses (i) through (iii) being, collectively,  "VIOLATIONS"). The Company shall
reimburse  the  Investor  and each  such  controlling  person  promptly  as such
expenses  are  incurred  and  are  due  and  payable,  for  any  legal  fees  or
disbursements or other reasonable  expenses  incurred by them in connection with
investigating  or  defending  any such  Claim.  Notwithstanding  anything to the
contrary  contained  herein,  the  indemnification  agreement  contained in this
Section 6.a.:  (x) shall not apply to a Claim by an  Indemnified  Person arising
out of or based upon a Violation which occurs in reliance upon and in conformity
with information  furnished in writing to the Company by such Indemnified Person
expressly  for  use in  connection  with  the  preparation  of the  Registration
Statement or any such amendment thereof or supplement thereto;  (y) shall not be
available  to the extent  such Claim is based on a failure  of the  Investor  to
deliver  or to  cause to be  delivered  the  prospectus  made  available  by the
Company, if such prospectus was timely made available by the Company pursuant to

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Section 3.e.; and Section 7 shall not apply to amounts paid in settlement of any
Claim if such  settlement is effected  without the prior written  consent of the
Company, which consent shall not be unreasonably withheld.  Such indemnity shall
remain in full force and effect  regardless of any  investigation  made by or on
behalf  of  the  Indemnified  Person  and  shall  survive  the  transfer  of the
Registrable Securities by the Investor pursuant to Section 9.

         b. In connection with a Registration Statement, each Investor agrees to
severally  and not jointly  indemnify,  hold  harmless  and defend,  to the same
extent and in the same manner as is set forth in Section 6.a., the Company, each
of its directors and officers, and each Person, if any, who controls the Company
within  the  meaning  of the 1933 Act or the 1934 Act and each of the  Company's
employees, agents and representatives (each an "INDEMNIFIED Party"), against any
Claim or Indemnified Damages to which any of them may become subject,  under the
1933  Act,  the 1934 Act or  otherwise,  insofar  as such  Claim or  Indemnified
Damages arise out of or is based upon any Violation, in each case to the extent,
and only to the  extent,  that such  Violation  occurs in  reliance  upon and in
conformity  with written  information  furnished to the Company by such Investor
expressly for use in connection with such Registration Statement or amendment or
supplement  thereto;  and, subject to Section 6.d., such Investor will reimburse
any legal or other  expenses  reasonably  incurred  by them in  connection  with
investigating or defending any such Claim; provided, however, that the indemnity
agreement  contained  in this Section  6.b.  and the  agreement  with respect to
contribution  contained  in  Section  7  shall  not  apply  to  amounts  paid in
settlement of any Claim if such settlement is effected without the prior written
consent of such  Investor,  which  consent shall not be  unreasonably  withheld;
provided, further, however, that the Investor shall be liable under this Section
6.b. for only that amount of a Claim or  Indemnified  Damages as does not exceed
the net  proceeds  to such  Investor  as a  result  of the  sale of  Registrable
Securities pursuant to such Registration Statement.  Such indemnity shall remain
in full force and effect regardless of any investigation made by or on behalf of
such  Indemnified  Party and  shall  survive  the  transfer  of the  Registrable
Securities by the Investor  pursuant to Section 9.  Notwithstanding  anything to
the contrary contained herein, the  indemnification  agreement contained in this
Section 6.b.  with respect to any  prospectus  shall not inure to the benefit of
any  Indemnified  Party if the untrue  statement  or omission  of material  fact
contained in the  prospectus was corrected and such new prospectus was delivered
to each Investor  prior to such  Investor's  use of the  prospectus to which the
Claim relates.

         c. Promptly after receipt by an Indemnified Person or Indemnified Party
under this Section 6 of notice of the  commencement  of any action or proceeding
(including  any  governmental  action or  proceeding)  involving  a Claim,  such
Indemnified  Person or Indemnified Party shall, if a Claim in respect thereof is
to be made against any  indemnifying  party under this Section 6, deliver to the
indemnifying  party  a  written  notice  of the  commencement  thereof,  and the
indemnifying  party shall have the right to  participate  in, and, to the extent
the indemnifying  party so desires,  jointly with any other  indemnifying  party
similarly  noticed,  to assume  control  of the  defense  thereof  with  counsel
mutually  satisfactory to the indemnifying  party and the Indemnified  Person or
the  Indemnified  Party,  as  the  case  may  be;  provided,  however,  that  an
Indemnified  Person or Indemnified  Party shall have the right to retain its own
counsel  with the fees  and  expenses  of not  more  than one  counsel  for such
Indemnified  Person or Indemnified  Party to be paid by the indemnifying  party,
if, in the reasonable opinion of counsel retained by the indemnifying party, the
representation  by such counsel of the Indemnified  Person or Indemnified  Party
and the  indemnifying  party would be  inappropriate  due to actual or potential

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differing interests between such Indemnified Person or Indemnified Party and any
other party  represented by such counsel in such  proceeding.  In the case of an
Indemnified  Person,  legal  counsel  referred to in the  immediately  preceding
sentence shall be selected by the Investor holding a majority in interest of the
Registrable Securities included in the Registration Statement to which the Claim
relates.  The Indemnified Party or Indemnified Person shall cooperate fully with
the indemnifying party in connection with any negotiation or defense of any such
action or claim by the indemnifying  party and shall furnish to the indemnifying
party  all  information   reasonably  available  to  the  Indemnified  Party  or
Indemnified Person which relates to such action or claim. The indemnifying party
shall keep the  Indemnified  Party or  Indemnified  Person fully apprised at all
times as to the  status  of the  defense  or any  settlement  negotiations  with
respect thereto. No indemnifying party shall be liable for any settlement of any
action,  claim  or  proceeding  effected  without  its  prior  written  consent,
provided,  however, that the indemnifying party shall not unreasonably withhold,
delay or condition its consent.  No indemnifying party shall,  without the prior
written consent of the Indemnified Party or Indemnified Person, consent to entry
of any judgment or enter into any settlement or other  compromise which does not
include as an unconditional term thereof the giving by the claimant or plaintiff
to such Indemnified Party or Indemnified  Person of a release from all liability
in respect to such claim or litigation.  Following  indemnification  as provided
for hereunder,  the indemnifying  party shall be subrogated to all rights of the
Indemnified Party or Indemnified Person with respect to all third parties, firms
or corporations  relating to the matter for which indemnification has been made.
The  failure  to  deliver  written  notice to the  indemnifying  party  within a
reasonable  time of the  commencement  of any such action shall not relieve such
indemnifying  party of any liability to the  Indemnified  Person or  Indemnified
Party under this Section 6, except to the extent that the indemnifying  party is
prejudiced in its ability to defend such action.

         d. The  indemnification  required  by this  Section  6 shall be made by
periodic  payments of the amount thereof during the course of the  investigation
or defense, as and when bills are received or Indemnified Damages are incurred.

         e. The indemnity  agreements  contained  herein shall be in addition to
(i) any cause of action or similar right of the Indemnified Party or Indemnified
Person against the  indemnifying  party or others,  and (ii) any liabilities the
indemnifying party may be subject to pursuant to the law.

      7. CONTRIBUTION.
         ------------

      To the extent any  indemnification  by an indemnifying party is prohibited
or  limited  by  law,  the  indemnifying   party  agrees  to  make  the  maximum
contribution  with respect to any amounts for which it would otherwise be liable
under Section 6 to the fullest extent permitted by law; provided, however, that:
(i) no seller of Registrable  Securities guilty of fraudulent  misrepresentation
(within  the  meaning of Section  11(f) of the 1933 Act)  shall be  entitled  to
contribution  from any seller of  Registrable  Securities  who was not guilty of
fraudulent misrepresentation; and (ii) contribution by any seller of Registrable
Securities shall be limited in amount to the net amount of proceeds  received by
such seller from the sale of such Registrable Securities.

                                       9
<PAGE>

      8. REPORTS UNDER THE 1934 ACT.
         --------------------------

      With a view to making  available  to the Investor the benefits of Rule 144
promulgated under the 1933 Act or any similar rule or regulation of the SEC that
may at any time  permit the  Investor to sell  securities  of the Company to the
public without registration ("RULE 144") the Company agrees to:

         a. make and  keep  public  information  available,  as those  terms are
understood and defined in Rule 144;

         b. file with the SEC in a timely manner all reports and other documents
required  of the  Company  under  the  1933  Act and the 1934 Act so long as the
Company remains subject to such  requirements  (it being understood that nothing
herein shall limit the Company's obligations under the Line of Credit Agreement)
and the  filing  of  such  reports  and  other  documents  is  required  for the
applicable provisions of Rule 144; and

         c. furnish to each Investor so long as such  Investor owns  Registrable
Securities,  promptly upon request,  (i) a written statement by the Company that
it has complied  with the reporting  requirements  of Rule 144, the 1933 Act and
the 1934 Act, (ii) a copy of the most recent  annual or quarterly  report of the
Company and such other reports and documents so filed by the Company,  and (iii)
such other information as may be reasonably  requested to permit the Investor to
sell such securities pursuant to Rule 144 without registration.

      9. ASSIGNMENT OF REGISTRATION RIGHTS.
         ---------------------------------

      The rights under this Agreement shall be  automatically  assignable by the
Investor to any transferee of all or any portion of  Registrable  Securities if:
(i) the  Investor  agrees in writing with the  transferee  or assignee to assign
such rights,  and a copy of such  agreement is furnished to the Company within a
reasonable time after such assignment;  (ii) the Company is, within a reasonable
time after such transfer or assignment, furnished with written notice of (a) the
name and address of such  transferee or assignee,  and (b) the  securities  with
respect to which such  registration  rights are being  transferred  or assigned;
(iii) at or before the time the Company receives the written notice contemplated
by clause (ii) of this  sentence the  transferee  or assignee  agrees in writing
with the Company to be bound by all of the provisions contained herein; and (iv)
such  transfer   shall  have  been  made  in  accordance   with  the  applicable
requirements of the Line of Credit Agreement.

      10.AMENDMENT OF REGISTRATION RIGHTS.
         --------------------------------

      Provisions of this Agreement may be amended and the observance thereof may
be waived (either generally or in a particular instance and either retroactively
or prospectively), only with the written consent of the Company and Investor who
then hold at least two-thirds (2/3) of the Registrable Securities. Any amendment
or waiver effected in accordance with this Section 10 shall be binding upon each
Investor and the  Company.  No such  amendment  shall be effective to the extent
that it applies to fewer than all of the holders of the Registrable  Securities.
No consideration shall be offered or paid to any Person to amend or consent to a
waiver or modification of any provision of any of this Agreement unless the same
consideration also is offered to all of the parties to this Agreement.

                                       10
<PAGE>

      11. MISCELLANEOUS.
          -------------

         a. A Person is deemed to be a holder of Registrable Securities whenever
such Person owns or is deemed to own of record such Registrable  Securities.  If
the Company receives conflicting instructions,  notices or elections from two or
more Persons with respect to the same Registrable Securities,  the Company shall
act upon  the  basis of  instructions,  notice  or  election  received  from the
registered owner of such Registrable Securities.

         b. Any notices,  consents,  waivers or other communications required or
permitted to be given under the terms of this  Agreement  must be in writing and
will be  deemed  to have  been  delivered:  (i)  upon  receipt,  when  delivered
personally;  (ii) upon receipt, when sent by facsimile (provided confirmation of
transmission is mechanically or electronically generated and kept on file by the
sending  party);  or (iii) one  business  day after  deposit  with a  nationally
recognized  overnight  delivery service,  in each case properly addressed to the
party to  receive  the  same.  The  addresses  and  facsimile  numbers  for such
communications shall be:

If to the Company:       NEXLAND, INC.
                         1101 Brickell Avenue
                         North Tower, 2nd Floor
                         Telephone: (305) 358-7771
                         Facsimile: (305) 358-3151
                         Attention:  Gregory S. Levine, President

With a copy to:          Kirkpatrick & Lockhart LLP
                         Attention:  Clayton Parker
                         201 South Biscayne Boulevard, Suite 2000
                         Miami, Florida  33131
                         Telephone:  (305) 539-3300
                         Facsimile:  (305) 358-7095

If to an  Investor,  to its  address  and  facsimile  number on the  Schedule of
Investor attached hereto, with copies to such Investor's  representatives as set
forth on the  Schedule  of Investor or to such other  address  and/or  facsimile
number and/or to the  attention of such other person as the recipient  party has
specified by written notice given to each other party five (5) days prior to the
effectiveness of such change.  Written  confirmation of receipt (A) given by the
recipient  of  such  notice,  consent,   waiver  or  other  communication,   (B)
mechanically  or  electronically  generated  by the sender's  facsimile  machine
containing the time, date,  recipient facsimile number and an image of the first
page of such  transmission  or (C)  provided by a courier or  overnight  courier
service shall be rebuttable  evidence of personal service,  receipt by facsimile
or receipt from a nationally recognized overnight delivery service in accordance
with clause (i), (ii) or (iii) above, respectively.

         c.  Failure  of any party to  exercise  any right or remedy  under this
Agreement or otherwise,  or delay by a party in exercising such right or remedy,
shall not operate as a waiver thereof.

                                       11
<PAGE>

         d. The corporate  laws of the State of Delaware shall govern all issues
concerning  the  relative  rights  of  the  Company  and  the  Investor  as  its
stockholders.  All  other  questions  concerning  the  construction,   validity,
enforcement  and  interpretation  of this  Agreement  shall be  governed  by the
internal laws of the State of New York,  without  giving effect to any choice of
law or conflict of law  provision  or rule  (whether of the State of New York or
any other  jurisdiction)  that would  cause the  application  of the laws of any
jurisdiction  other than the State of New York.  Each party  hereby  irrevocably
submits  to the  non-exclusive  jurisdiction  of the  state and  federal  courts
sitting in the City of New York,  Borough of Manhattan,  for the adjudication of
any  dispute  hereunder  or in  connection  herewith  or  with  any  transaction
contemplated  hereby or discussed herein,  and hereby  irrevocably  waives,  and
agrees not to assert in any suit, action or proceeding, any claim that it is not
personally subject to the jurisdiction of any such court, that such suit, action
or  proceeding  is  brought in an  inconvenient  forum or that the venue of such
suit,  action or proceeding is improper.  Each party hereby  irrevocably  waives
personal  service of process and  consents to process  being  served in any such
suit,  action or  proceeding  by  mailing a copy  thereof  to such  party at the
address for such notices to it under this Agreement and agrees that such service
shall  constitute  good and  sufficient  service of process and notice  thereof.
Nothing  contained herein shall be deemed to limit in any way any right to serve
process in any manner permitted by law. If any provision of this Agreement shall
be  invalid  or   unenforceable   in  any   jurisdiction,   such  invalidity  or
unenforceability  shall  not  affect  the  validity  or  enforceability  of  the
remainder  of  this   Agreement  in  that   jurisdiction   or  the  validity  or
enforceability  of any  provision of this  Agreement in any other  jurisdiction.
EACH PARTY HEREBY  IRREVOCABLY  WAIVES ANY RIGHT IT MAY HAVE,  AND AGREES NOT TO
REQUEST,  A JURY  TRIAL FOR THE  ADJUDICATION  OF ANY  DISPUTE  HEREUNDER  OR IN
CONNECTION  HEREWITH  OR  ARISING  OUT OF  THIS  AGREEMENT  OR  ANY  TRANSACTION
CONTEMPLATED HEREBY.

         e. This  Agreement,  the  Line  of  Credit  Agreement  and  the  Escrow
Agreement  constitute the entire agreement among the parties hereto with respect
to the subject matter hereof and thereof.  There are no restrictions,  promises,
warranties or undertakings, other than those set forth or referred to herein and
therein.  This Agreement,  the Line of Credit Agreement and the Escrow Agreement
supersede all prior agreements and understandings  among the parties hereto with
respect to the subject matter hereof and thereof.

         f. Subject to the requirements of Section 9, this Agreement shall inure
to the benefit of and be binding upon the  permitted  successors  and assigns of
each of the parties hereto.

         g. The headings in this Agreement are for convenience of reference only
and shall not limit or otherwise affect the meaning hereof.

         h. This  Agreement may be executed in identical  counterparts,  each of
which shall be deemed an original but all of which shall  constitute one and the
same agreement.  This Agreement,  once executed by a party,  may be delivered to
the other party hereto by  facsimile  transmission  of a copy of this  Agreement
bearing the signature of the party so delivering this Agreement.

         i. Each party shall do and perform,  or cause to be done and performed,
all such further acts and things,  and shall  execute and deliver all such other
agreements,  certificates,  instruments  and  documents,  as the other party may

                                       12
<PAGE>

reasonably  request in order to carry out the intent and accomplish the purposes
of this Agreement and the consummation of the transactions contemplated hereby.

         j. All  consents  and other  determinations  to be made by the Investor
pursuant to this Agreement  shall be made,  unless  otherwise  specified in this
Agreement, by Investor holding a majority of the Registrable Securities.

         k.  The  language  used in this  Agreement  will  be  deemed  to be the
language  chosen by the parties to express  their mutual  intent and no rules of
strict construction will be applied against any party.

         l. This Agreement is intended for the benefit of the parties hereto and
their respective  permitted  successors and assigns,  and is not for the benefit
of, nor may any provision hereof be enforced by, any other Person.

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

                                       13
<PAGE>

      IN WITNESS  WHEREOF,  the parties  have caused  this  Registration  Rights
Agreement to be duly executed as of day and year first above written.

                                       NEXLAND, INC.

                                       By: /s/ Gregory S. Levine
                                          ---------------------------
                                       Name: Gregory S. Levine
                                       Title: President

                                       CORNELL CAPITAL PARTNERS, LP

                                       By: Yorkville Advisors Management, LLC
                                       Its: General Partner

                                       By: /s/ Mark A. Angelo
                                          ---------------------------
                                       Name: Mark A. Angelo
                                       Its: Fund Manager

                                       14

<PAGE>

                              SCHEDULE OF INVESTORS
                              --------------------

                    INVESTOR ADDRESS           INVESTOR'S REPRESENTATIVES'
INVESTOR NAME       AND FACSIMILE NUMBER       ADDRESS AND FACSIMILE NUMBER
-------------       --------------------       ----------------------------
Cornell Capital     Cornell Capital Partners,  Yorkville Advisors Management,
Partners, LP        LP                         LLC
                    c/o Yorkville Advisors     521 Fifth Avenue - 17th Floor
                    Management, LLC            New York, NY 10175
                    521 Fifth Avenue -
                    17th Floor
                    New York, NY 10175

                                       15

<PAGE>

                                    EXHIBIT A
                                    ---------

                         FORM OF NOTICE OF EFFECTIVENESS
                            OF REGISTRATION STATEMENT
                            -------------------------

[TRANSFER AGENT]
ATTN:
     -------------------

            Re:   NEXLAND, INC.
                  -------------

Ladies and Gentlemen:

      We are counsel to Nexland,  Inc., a Delaware  corporation (the "Company"),
and have  represented the Company in connection with that certain Line of Credit
Agreement (the "LINE OF CREDIT AGREEMENT") entered into by and among the Company
and the Investor named therein (, the "INVESTOR")  pursuant to which the Company
issued to the Investor  shares of its Common  Stock,  par value $0.001 per share
(the "COMMON STOCK"). Pursuant to the Line of Credit Agreement, the Company also
has  entered  into a  Registration  Rights  Agreement  with  the  Investor  (the
"REGISTRATION  RIGHTS  AGREEMENT")  pursuant to which the Company agreed,  among
other  things,  to  register  the  Registrable  Securities  (as  defined  in the
Registration Rights Agreement) under the Securities Act of 1933, as amended (the
"1933 ACT"). In connection with the Company's obligations under the Registration
Rights  Agreement,  on  ____________  ____,  the  Company  filed a  Registration
Statement  on Form  ________  (File No.  333-_____________)  (the  "REGISTRATION
STATEMENT") with the Securities and Exchange  Commission (the "SEC") relating to
the  Registrable  Securities  which  names  each of the  Investor  as a  selling
stockholder thereunder.

      In connection with the foregoing, we advise you that a member of the SEC's
staff has advised us by  telephone  that the SEC has entered an order  declaring
the  Registration  Statement  effective  under  the 1933 Act at  [ENTER  TIME OF
EFFECTIVENESS] on [ENTER DATE OF EFFECTIVENESS] and we have no knowledge,  after
telephonic  inquiry  of a  member  of the  SEC's  staff,  that  any  stop  order
suspending its  effectiveness  has been issued or that any  proceedings for that
purpose  are  pending  before,  or  threatened  by, the SEC and the  Registrable
Securities  are  available  for  resale  under  the  1933  Act  pursuant  to the
Registration Statement.

                                    Very truly yours,

                                    [ISSUER'S COUNSEL]

                                    By:
                                       ---------------------------------

cc:   [LIST NAMES OF INVESTOR]EXHIBIT 10.10
                                  -------------

                                ESCROW AGREEMENT

      THIS ESCROW  AGREEMENT  (this  "Agreement") is made and entered into as of
March 19,  2001,  by NEXLAND,  INC.,  a Delaware  corporation  (the  "Company");
CORNELL  CAPITAL   PARTNERS,   L.P.,  a  limited   liability   partnership  (the
"INVESTOR");  BUTLER GONZALEZ LLP (the  "INVESTOR'S  COUNSEL");  and FIRST UNION
NATIONAL BANK, a national  banking  association,  as Escrow Agent hereunder (the
"ESCROW AGENT").

                                   BACKGROUND
                                   ----------

            WHEREAS,  the Company and the  Investor  have entered into an Equity
Line of (the  "EQUITY LINE OF CREDIT  AGREEMENT"),  dated as of the date hereof,
pursuant to which the Company proposes to sell the Company's Common Stock, $0.01
par value per share  (the  "COMMON  STOCK"),  at a price per share  equal to the
Purchase Price, as that term is defined in the Equity Line of Credit  Agreement,
for an aggregate price of up to $5,000,000.  The Equity Line of Credit Agreement
provides  that on each  Advance  Date the  Investor  shall  deposit  the Advance
pursuant  to the Advance  Notice in a  segregated  escrow  account to be held by
Escrow Agent and the Company shall deposit shares of the Company's Common Stock,
which  shall be  purchased  by the  Investor  as set forth in the Equity Line of
Credit  Agreement,  with  the  Investor's  Counsel,  in order  to  effectuate  a
disbursement  to  the  Company  of  the  Advance  by  the  Escrow  Agent  and  a
disbursement  to the  Investor of the shares of the  Company's  Common  Stock by
Investor's  Counsel at a closing  to be held as set forth in the Equity  Line of
Credit Agreement (the "CLOSING").

            WHEREAS,  Escrow Agent has agreed to accept,  hold, and disburse the
funds deposited with it in accordance with the terms of this Agreement.

            WHEREAS, Investor's Counsel has agreed to accept, hold, and disburse
the shares of the Company's  Common Stock which have been  deposited  with it in
accordance with the terms of this Agreement.

            WHEREAS,  in order to  establish  the  escrow of funds and shares to
effect the provisions of the Equity Line of Credit Agreement, the parties hereto
have entered into this Agreement.

      NOW THEREFORE,  in consideration of the foregoing,  it is hereby agreed as
follows:

      1. DEFINITIONS. The following terms shall have the following meanings when
used herein:

<PAGE>

      a. "ESCROW  FUNDS"  shall  mean the  Advance  funds  deposited  with the
Escrow Agent pursuant to this Agreement.

      b. "Joint Written  Direction" shall mean a written  direction  executed by
the Investor and the Company directing Escrow Agent to disburse all or a portion
of the Escrow  Funds or to take or refrain  from  taking any action  pursuant to
this Agreement.

      c. "COMMON STOCK JOINT WRITTEN  DIRECTION" shall mean a written  direction
executed  by the  Investor  and the  Company  directing  Investor's  Counsel  to
disburse  all or a portion of the  shares of the  Company's  Common  Stock or to
refrain from taking any action pursuant to this Agreement.

      2. APPOINTMENT OF AND ACCEPTANCE BY ESCROW AGENT AND INVESTOR'S COUNSEL.
         ---------------------------------------------------------------------

            A. The Investor and the Company hereby appoint Escrow Agent to serve
as Escrow Agent  hereunder.  Escrow Agent hereby accepts such  appointment  and,
upon receipt by wire transfer of the Escrow Funds in  accordance  with Section 3
below,  agrees to hold,  invest and disburse the Escrow Funds in accordance with
this Agreement.

            B. The Investor and the Company hereby appoint Investor's Counsel to
serve as the holder of the shares of the  Company's  Common Stock which shall be
purchased by the Investor.  Investor's  Counsel hereby accepts such  appointment
and,  upon  receipt via D.W.A.C of the shares of the  Company's  Common Stock in
accordance  with Section 3 below,  agrees to hold and disburse the shares of the
Company's Common Stock in accordance with this Agreement.

      3. CREATION OF ESCROW ACCOUNT/COMMON STOCK ACCOUNT.
         -------------------------------------------------

            A. On or prior to the date of this  Agreement the Escrow Agent shall
establish  an escrow  account  for the deposit of the Escrow  Funds  entitled as
follows:  Nexland,  Inc./Cornell  Capital  Partners  L.P. The Investor will wire
funds to the account of the Escrow Agent as follows:

--------------------------------------------------------------------------------
BANK:                                First Union National Bank of New Jersey
--------------------------------------------------------------------------------
ROUTING #:                           031201467

--------------------------------------------------------------------------------
ACCOUNT #:                           2020000659170

--------------------------------------------------------------------------------
NAME ON ACCOUNT:                     Butler Gonzalez LLP/First Union as
                                     Escrow Agent

--------------------------------------------------------------------------------

                                       2
<PAGE>

NAME ON SUB-ACCOUNT:                  Nexland, Inc./Cornell Capital
                                      Partners, L.P.  Escrow account

--------------------------------------------------------------------------------
REFERENCE SUB-ACCOUNT #:              1360-00
--------------------------------------------------------------------------------
ATTN:                                 Robert Mercado (732) 452-3005

--------------------------------------------------------------------------------
                                      Carmela Agugliaro (732) 452-3005

--------------------------------------------------------------------------------
NOTE:                                 Only wire transfers shall be accepted.

--------------------------------------------------------------------------------

            B. On or  prior  to the date of this  Agreement  Investor's  Counsel
shall  establish  an account  for the  D.W.A.C.  of the  shares of Common  Stock
entitled as follows:  Nexland,  Inc.  The Company  will  D.W.A.C.  shares of the
Company's Common Stock to the account of Investor's Counsel as follows:

--------------------------------------------------------------------------------
BROKERAGE FIRM:                       The May Davis Group, Inc.

--------------------------------------------------------------------------------
CLEARING FIRM:                        Dain Rouscher

--------------------------------------------------------------------------------
ACCOUNT #:                            12H7-16679688
--------------------------------------------------------------------------------
DTC #:                                0235

--------------------------------------------------------------------------------
NAME ON ACCOUNT:                      Butler Gonzalez LLP
--------------------------------------------------------------------------------

      4. DEPOSITS  INTO THE ESCROW  ACCOUNT.  The Investor  agrees that it shall
promptly  deliver all monies for the  payment of the Common  Stock to the Escrow
Agent for deposit in the Escrow Account.

      5. DISBURSEMENTS FROM THE ESCROW ACCOUNT.
         -------------------------------------

      (a) At such time as Escrow Agent has collected  and deposited  instruments
of  payment  in the total  amount of the  Advance  and the  Investor's  counsel,
Investor's Counsel,  has received such Common Stock via D.W.A.C from the Company
which are to be issued to the  Investor  pursuant  to the Equity  Line of Credit
Agreement,  Investor's  Counsel shall notify the Company and the  Investor.  The
Escrow  Agent will  continue to hold such funds until the  Investor  and Company
execute and deliver a Joint  Written  Direction  directing  the Escrow  Agent to
disburse the Escrow Funds pursuant to Joint Written  Direction at which time the
Escrow  Agent shall wire the Escrow  Funds to the Company.  In  disbursing  such
funds, Escrow Agent is authorized to rely upon such Joint Written Direction from
Company and may accept any  signatory  from the Company  listed on the signature
page to this  Agreement  and any  signature  from the Investor that Escrow Agent

                                       3
<PAGE>

already has on file.  Simultaneous  with delivery of the executed  Joint Written
Direction to the Escrow Agent the Investor and Company shall execute and deliver
a  Common  Stock  Joint  Written  Direction  to  Investor's   Counsel  directing
Investor's  Counsel to release  via  D.W.A.C to the  Investor  the shares of the
Company's  Common  Stock.  In releasing  such shares of Common Stock  Investor's
Counsel is  authorized  to rely upon such Common Stock Joint  Written  Direction
from  Company  and may  accept  any  signatory  from the  Company  listed on the
signature page to this Agreement and any signature from the Investor  Investor's
Counsel has on file.

In the event the Escrow  Agent does not receive  the amount of the Advance  from
the Investor, the Escrow Agent shall notify the Company and the Investor. In the
event  Investor's  Counsel  does not  receive  the shares of Common  Stock to be
purchased by the Investor  Investor's  Counsel  shall notify the Company and the
Investor.

      In the event that the Escrow  Agent is advised by the  Investor's  Counsel
Investor's Counsel that the Common Stock has not been received from the Company,
in no event will the Escrow  Funds be released to the Company  until such shares
are received by the Investor 's Counsel.  For  purposes of this  Agreement,  the
term "COMMON  STOCK  CERTIFICATES"  shall mean Common Stock  certificates  to be
purchased  pursuant to the respective Advance Notice pursuant to the Equity Line
of Credit Agreement executed on March 19, 2001.

      6. COLLECTION PROCEDURE.  The Escrow Agent is hereby authorized to forward
each wire for  collection  and,  upon  collection  of the  proceeds of each wire
deposit the collected proceeds in the Escrow Account.

      Any wires  returned  unpaid to the Escrow  Agent  shall be returned to the
Investor.  In such cases,  the Escrow Agent will promptly  notify the Company of
such return.

      7. SUSPENSION OF PERFORMANCE: DISBURSEMENT INTO COURT.
         --------------------------------------------------

             A.  ESCROW  AGENT.  If at any time,  there  shall exist any dispute
between the Company and the Investor with respect to holding or  disposition  of
any  portion  of the  Escrow  Funds or any other  obligations  of  Escrow  Agent
hereunder,  or if at any time  Escrow  Agent is unable to  determine,  to Escrow
Agent's sole  satisfaction,  the proper disposition of any portion of the Escrow
Funds  or  Escrow  Agent's  proper  actions  with  respect  to  its  obligations
hereunder,  or if the parties have not within thirty (30) days of the furnishing
by  Escrow  Agent of a notice  of  resignation  pursuant  to  Section  9 hereof,
appointed a successor  Escrow Agent to act hereunder,  then Escrow Agent may, in
its sole discretion, take either or both of the following actions:

             i. suspend the  performance  of any of its  obligations  (including
             without limitation any disbursement  obligations) under this Escrow
             Agreement  until such dispute or  uncertainty  shall be resolved to
             the sole  satisfaction of Escrow Agent or until a successor  Escrow
             Agent shall be  appointed (as the  case may be);  provided however,

                                  4
<PAGE>

             Escrow  Agent  shall   continue  to  invest  the  Escrow  Funds  in
             accordance with Section 8 hereof;  and/or ii. petition (by means of
             an interpleader  action or any other appropriate  method) any court
             of competent  jurisdiction in any venue convenient to Escrow Agent,
             for instructions  with respect to such dispute or uncertainty,  and
             to the extent required by law, pay into such court, for holding and
             disposition in accordance with the  instructions of such court, all
             funds held by it in the Escrow Funds,  after  deduction and payment
             to Escrow Agent of all fees and expenses (including court costs and
             attorneys'  fees)  payable  to,  incurred  by,  or  expected  to be
             incurred by Escrow  Agent in  connection  with  performance  of its
             duties and the exercise of its rights hereunder.

             iii.  Escrow  Agent shall have no  liability  to the  Company,  the
             Investor,  or any person  with  respect to any such  suspension  of
             performance or disbursement into court,  specifically including any
             liability  or claimed  liability  that may arise,  or be alleged to
             have arisen, out of or as a result of any delay in the disbursement
             of funds held in the Escrow  Funds or any delay in with  respect to
             any other action required or requested of Escrow Agent.

             B.  INVESTOR'S  COUNSEL.  If at any  time,  there  shall  exist any
dispute  between  the  Company  and the  Investor  with  respect  to  holding or
disposition  of  any  portion  of the  shares  of  Common  Stock  or  any  other
obligations  of  Investor's  Counsel  hereunder,  or if at any  time  Investor's
Counsel is unable to determine,  to Investor's Counsel's sole satisfaction,  the
proper  disposition  of any portion of the shares of Common Stock or  Investor's
Counsel's  proper  actions  with  respect  to its  obligations  hereunder,  then
Investor's  Counsel  may,  in its sole  discretion,  take  either or both of the
following actions:

             i. suspend the  performance  of any of its  obligations  (including
             without limitation any disbursement  obligations) under this Escrow
             Agreement  until such dispute or  uncertainty  shall be resolved to
             the sole  satisfaction  of Investor's  Counsel or until a successor
             shall be appointed  (as the case may be);  and/or ii.  petition (by
             means of an interpleader  action or any other  appropriate  method)
             any court of  competent  jurisdiction  in any venue  convenient  to
             Investor's  Counsel,  for instructions with respect to such dispute
             or  uncertainty,  and to the extent  required by law, pay into such
             court,   for  holding  and   disposition  in  accordance  with  the
             instructions  of such  court,  all shares of the  Company's  Common
             Stock funds held by it, after  deduction  and payment to Investor's
             Counsel  of all  fees  and  expenses  (including  court  costs  and
             attorneys'  fees)  payable  to,  incurred  by,  or  expected  to be
             incurred by Investor's  Counsel in connection  with  performance of
             its duties and the exercise of its rights hereunder.

             iii. Investor's Counsel shall have no liability to the Company, the
             Investor,  or any person  with  respect to any such  suspension  of
             performance or disbursement into court,  specifically including any
             liability  or claimed  liability  that may arise,  or be alleged to
             have  arisen,  out of or as a result of any delay in the release of

                                       5
<PAGE>

             shares of the  Company's  Common Stock or any delay in with respect
             to any other action required or requested of Butler Gonzalez, LLP.

      8. INVESTMENT OF ESCROW FUNDS.  The Escrow  Agent shall deposit the Escrow
Funds in a non-interest bearing money market account.

      If Escrow  Agent has not  received a Joint  Written  Direction at any time
that an investment  decision must be made,  Escrow Agent shall invest the Escrow
Fund, or such portion thereof,  as to which no Joint Written  Direction has been
received,  in investments  described above. The foregoing  investments  shall be
made by the Escrow Agent.  Notwithstanding  anything to the contrary  contained,
Escrow Agent may,  without  notice to the parties,  sell or liquidate any of the
foregoing  investments at any time if the proceeds  thereof are required for any
release of funds permitted or required hereunder,  and Escrow Agent shall not be
liable or responsible for any loss, cost or penalty resulting from any such sale
or  liquidation.  With respect to any funds received by Escrow Agent for deposit
into the Escrow Funds after ten  o'clock,  a.m.,  New Jersey time,  Escrow Agent
shall  not be  required  to  invest  such  funds or to  effect  such  investment
instruction  until  the next day upon  which  banks in New  Jersey  are open for
business.

      9. RESIGNATION AND REMOVAL OF ESCROW AGENT.  Escrow Agent  may resign from
the performance of its duties  hereunder at any time by giving thirty (30) days'
prior written notice to the parties or may be removed, with or without cause, by
the parties,  acting jointly,  by furnishing a Joint Written Direction to Escrow
Agent,  at any time by the  giving of ten (10)  days'  prior  written  notice to
Escrow Agent as provided  herein below.  Upon any such notice of  resignation or
removal,  the  representatives  of the  Investor and the Company  identified  in
Sections 13a.(iv) and 13b.(iv),  below, jointly shall appoint a successor Escrow
Agent  hereunder,  which  shall be a  commercial  bank,  trust  company or other
financial  institution  with  a  combined  capital  and  surplus  in  excess  of
$10,000,000.00.  Upon the  acceptance  in writing of any  appointment  of Escrow
Agent hereunder by a successor  Escrow Agent,  such successor Escrow Agent shall
thereupon succeed to and become vested with all the rights,  powers,  privileges
and duties of the retiring Escrow Agent,  and the retiring Escrow Agent shall be
discharged  from its duties and  obligations  under this Escrow  Agreement,  but
shall not be  discharged  from any  liability  for actions taken as Escrow Agent
hereunder  prior  to  such   succession.   After  any  retiring  Escrow  Agent's
resignation or removal,  the provisions of this Escrow  Agreement shall inure to
its  benefit as to any  actions  taken or omitted to be taken by it while it was
Escrow  Agent under this  Escrow  Agreement.  The  retiring  Escrow  Agent shall
transmit all records pertaining to the Escrow Funds and shall pay all funds held
by it in the Escrow Funds to the successor Escrow Agent,  after making copies of
such records as the retiring  Escrow Agent deems  advisable and after  deduction
and payment to the retiring  Escrow  Agent of all fees and  expenses  (including
court costs and  attorneys'  fees)  payable to,  incurred  by, or expected to be
incurred by the retiring  Escrow Agent in connection with the performance of its
duties and the exercise of its rights hereunder.

                                       6
<PAGE>

   10.  LIABILITY OF ESCROW AGENT.
        --------------------------

      a. Escrow Agent shall have no liability or obligation  with respect to the
Escrow Funds except for Escrow Agent's willful  misconduct or gross  negligence.
Escrow Agent's sole responsibility shall be for the safekeeping, investment, and
disbursement of the Escrow Funds in accordance with the terms of this Agreement.
Escrow  Agent  shall  have no  implied  duties or  obligations  and shall not be
charged with knowledge or notice or any fact or  circumstance  not  specifically
set forth herein. Escrow Agent may rely upon any instrument,  not only as to its
due execution, validity and effectiveness, but also as to the truth and accuracy
of any  information  contained  therein,  which Escrow Agent shall in good faith
believe to be genuine, to have been signed or presented by the person or parties
purporting to sign the same and conform to the provisions of this Agreement.  In
no event shall Escrow Agent be liable for  incidental,  indirect,  special,  and
consequential or punitive  damages.  Escrow Agent shall not be obligated to take
any legal action or commence any proceeding in connection with the Escrow Funds,
any account in which Escrow Funds are  deposited,  this  Agreement or the Equity
Line of Credit  Agreement,  or to appear in,  prosecute or defend any such legal
action or proceeding.  Escrow Agent may consult legal counsel  selected by it in
any event of any dispute or question as to construction of any of the provisions
hereof or of any other  agreement  or its duties  hereunder,  or relating to any
dispute  involving any party  hereto,  and shall incur no liability and shall be
fully indemnified from any liability whatsoever in acting in accordance with the
opinion or  instructions of such counsel.  The Company and the Investor  jointly
and severally shall promptly pay, upon demand,  the reasonable fees and expenses
of any such counsel.

      b. The  Escrow  Agent is hereby  authorized,  in its sole  discretion,  to
comply with orders  issued or process  entered by any court with  respect to the
Escrow  Funds,  without  determination  by the  Escrow  Agent  of  such  court's
jurisdiction  in the matter.  If any portion of the Escrow  Funds is at any time
attached,  garnished  or  levied  upon  under any  court  order,  or in case the
payment, assignment, transfer, conveyance or delivery of any such property shall
be stayed or enjoined by any court order,  or in any case any order  judgment or
decree shall be made or entered by any court affecting such property or any part
thereof, then and in any such event, the Escrow Agent is authorized, in its sole
discretion, to rely upon and comply with any such order, writ judgment or decree
which it is advised by legal counsel  selected by it,  binding upon it,  without
the need for appeal or other action;  and if the Escrow Agent  complies with any
such  order,  writ,  judgment  or  decree,  it shall not be liable to any of the
parties  hereto  or to any other  person or entity by reason of such  compliance
even though such order,  writ judgment or decree may be  subsequently  reversed,
modified, annulled, set aside or vacated.

      10. LIABILITY OF INVESTOR'S COUNSEL.
          --------------------------------

      a.  Notwithstanding  any liability  attributable to Investor's  Counsel as
counsel  to  the  Investor,  Investor's  Counsel  shall  have  no  liability  or
obligation  with respect to the shares of the Company's  Common Stock except for
Investor's   Counsel's  willful  misconduct  or  gross  negligence.   Investor's
Counsel's sole  responsibility  shall be for the  safekeeping and release of the

                                       7
<PAGE>

shares  of the  Company's  Common  Stock in  accordance  with the  terms of this
Agreement.  Investor's  Counsel shall have no implied duties or obligations  and
shall not be charged with  knowledge or notice or any fact or  circumstance  not
specifically set forth herein.  Investor's Counsel may rely upon any instrument,
not only as to its due execution, validity and effectiveness, but also as to the
truth and  accuracy  of any  information  contained  therein,  which  Investor's
Counsel  shall in good  faith  believe  to be  genuine,  to have been  signed or
presented  by the person or parties  purporting  to sign the same and conform to
the provisions of this Agreement. In no event shall Investor's Counsel be liable
for  incidental,  indirect,  special,  and  consequential  or punitive  damages.
Investor's  Counsel  shall not be obligated to take any legal action or commence
any proceeding in connection with the shares of the Company's  Common Stock, any
account in which shares of Common Stock are deposited and this Agreement,  or to
appear in,  prosecute or defend any such legal action or proceeding.  Investor's
Counsel may consult legal counsel  selected by it in any event of any dispute or
question  as to  construction  of any of the  provisions  hereof or of any other
agreement  or its duties  hereunder,  or relating to any dispute  involving  any
party hereto,  and shall incur no liability and shall be fully  indemnified from
any  liability   whatsoever  in  acting  in  accordance   with  the  opinion  or
instructions of such counsel. The Company and the Investor jointly and severally
shall promptly pay, upon demand,  the  reasonable  fees and expenses of any such
counsel.

      b. Investor's  Counsel is hereby  authorized,  in its sole discretion,  to
comply with orders  issued or process  entered by any court with  respect to the
shares of the  Company's  Common  Stock,  without  determination  by  Investor's
Counsel of such court's jurisdiction in the matter. If any portion of the shares
of the Company's Common Stock are at any time attached, garnished or levied upon
under any court order, or in case the payment, assignment,  transfer, conveyance
or delivery of any such property shall be stayed or enjoined by any court order,
or in any case any order  judgment  or decree  shall be made or  entered  by any
court  affecting such property or any part thereof,  then and in any such event,
the Investor's Counsel is authorized,  in its sole discretion,  to rely upon and
comply with any such order, writ judgment or decree which it is advised by legal
counsel  selected by it,  binding upon it,  without the need for appeal or other
action; and if Investor's  Counsel complies with any such order, writ,  judgment
or decree,  it shall not be liable to any of the parties  hereto or to any other
person or entity by reason of such  compliance  even  though  such  order,  writ
judgment or decree may be subsequently reversed,  modified,  annulled, set aside
or vacated.

      12. INDEMNIFICATION OF ESCROW AGENT. From and at  all times after the date
of  this Agreement, the  parties jointly  and severally,  shall, to  the fullest
extent  permitted by law and to the extent provided  herein,  indemnify and hold
harmless Escrow Agent and each director, officer, employee,  attorney, agent and
affiliate of Escrow Agent (collectively,  the "INDEMNIFIED PARTIES") against any
and all actions,  claims (whether or not valid), losses,  damages,  liabilities,
costs  and  expenses  of  any  kind  or  nature  whatsoever  (including  without
limitation  reasonable  attorney's  fees,  costs and  expenses)  incurred  by or
asserted against any of the Indemnified  Parties from and after the date hereof,
whether direct, indirect or consequential,  as a result of or arising from or in
any way relating to any claim,  demand,  suit, action, or proceeding  (including
any inquiry or

                                       8
<PAGE>

investigation) by any person,  including without  limitation the parties to this
Agreement,  whether threatened or initiated,  asserting a claim for any legal or
equitable remedy against any Indemnified  Party under any statute or regulation,
including,  but not limited to, any federal or state  securities  laws, or under
any common law or equitable  cause or  otherwise,  arising from or in connection
with  the  negotiation,   preparation,  execution,  performance  or  failure  of
performance of this Agreement or any transaction contemplated herein, whether or
not any such Indemnified Party is a party to any such action or proceeding, suit
or the target of any such inquiry or investigation;  provided,  however, that no
Indemnified Party shall have the right to be indemnified hereunder for liability
finally determined by a court of competent  jurisdiction,  subject to no further
appeal, to have resulted from the gross negligence or willful misconduct of such
Indemnified  Party.  If any such  action or claim  shall be brought or  asserted
against any Indemnified  Party, such Indemnified Party shall promptly notify the
Company and the  Investor  hereunder in writing,  and the and the Company  shall
assume the defense thereof,  including the employment of counsel and the payment
of all expenses. Such Indemnified Party shall, in its sole discretion,  have the
right to employ separate counsel (who may be selected by such Indemnified  Party
in its sole discretion) in any such action and to participate and to participate
in the defense thereof,  and the fees and expenses of such counsel shall be paid
by such Indemnified Party,  except that the Investor and/or the Company shall be
required to pay such fees and expense if (a) the  Investor or the Company  agree
to pay such fees and expenses, or (b) the Investor and/or the Company shall fail
to assume the defense of such action or  proceeding  or shall fail,  in the sole
discretion of such Indemnified Party, to employ counsel reasonably  satisfactory
to the Indemnified Party in any such action or proceeding,  (c) the Investor and
the Company is the  plaintiff in any such action or  proceeding or (d) the named
or potential parties to any such action or proceeding (including any potentially
impleaded  parties)  include  both  Indemnified  Party the  Company  and/or  the
Investor  Indemnified Party shall have been advised by counsel that there may be
one or  more  legal  defenses  available  to it  which  are  different  from  or
additional to those  available to the Company or the Investor.  The Investor and
the Company  shall be jointly and  severally  liable to pay fees and expenses of
counsel  pursuant to the preceding  sentence,  except that any obligation to pay
under  clause (a) shall apply only to the party so  agreeing.  All such fees and
expenses  payable by the Company  and/or the Investor  pursuant to the foregoing
sentence  shall be paid from time to time as  incurred,  both in  advance of and
after the final  disposition  of such action or claim.  The  obligations  of the
parties under this section shall survive any termination of this Agreement,  and
resignation  or  removal  of  the  Escrow  Agent  shall  be  independent  of any
obligation of Escrow Agent.

      13. INDEMNIFICATION OF INVESTOR'S  COUNSEL.  From  and at all  times after
the date of this  Agreement,  the parties  jointly and severally,  shall, to the
fullest extent permitted by law and to the extent provided herein, indemnify and
hold harmless Investor's Counsel and each partner, director,  officer, employee,
attorney,   agent  and  affiliate  of  Investor's  Counsel  (collectively,   the
"Indemnified  Parties")  against  any and all  actions,  claims  (whether or not
valid), losses, damages,  liabilities,  costs and expenses of any kind or nature
whatsoever  (including without limitation  reasonable attorney's fees, costs and

                                       9
<PAGE>

expenses)  incurred by or asserted  against any of the Indemnified  Parties from
and after the date  hereof,  whether  direct,  indirect or  consequential,  as a
result of or arising  from or in any way  relating to any claim,  demand,  suit,
action,  or proceeding  (including any inquiry or  investigation) by any person,
including without  limitation the parties to this Agreement,  whether threatened
or initiated,  asserting a claim for any legal or equitable  remedy  against any
person  under any  statute or  regulation,  including,  but not  limited to, any
federal or state  securities laws, or under any common law or equitable cause or
otherwise,  arising from or in  connection  with the  negotiation,  preparation,
execution,  performance  or  failure of  performance  of this  Agreement  or any
transaction  contemplated herein, whether or not any such Indemnified Party is a
party to any such action or  proceeding,  suit or the target of any such inquiry
or investigation;  provided,  however,  that no Indemnified Party shall have the
right to be indemnified hereunder for liability finally determined by a court of
competent  jurisdiction,  subject to no further appeal,  to have resulted solely
from the gross negligence or willful  misconduct of such  Indemnified  Party. If
any such action or claim shall be brought or  asserted  against any  Indemnified
Party, such Indemnified Party shall promptly notify the Company and the Investor
hereunder in writing,  and the Investor and the Company shall assume the defense
thereof,  including  the  employment of counsel and the payment of all expenses.
Such Indemnified  Party shall, in its sole discretion,  have the right to employ
separate  counsel  (who may be  selected by such  Indemnified  Party in its sole
discretion)  in any such action and to  participate  and to  participate  in the
defense thereof, and the fees and expenses of such counsel shall be paid by such
Indemnified Party, except that the Investor and/or the Company shall be required
to pay such fees and expense if (a) the  Investor  or the  Company  agree to pay
such fees and  expenses,  or (b) the Investor  and/or the Company  shall fail to
assume the  defense of such  action or  proceeding  or shall  fail,  in the sole
discretion of such Indemnified Party, to employ counsel reasonably  satisfactory
to the Indemnified Party in any such action or proceeding,  (c) the Investor and
the Company is the  plaintiff in any such action or  proceeding or (d) the named
or potential parties to any such action or proceeding (including any potentially
impleaded  parties)  include  both  Indemnified  Party the  Company  and/or  the
Investor  Indemnified Party shall have been advised by counsel that there may be
one or  more  legal  defenses  available  to it  which  are  different  from  or
additional to those  available to the Company or the Investor.  The Investor and
the Company  shall be jointly and  severally  liable to pay fees and expenses of
counsel  pursuant to the preceding  sentence,  except that any obligation to pay
under  clause (a) shall apply only to the party so  agreeing.  All such fees and
expenses  payable by the Company  and/or the Investor  pursuant to the foregoing
sentence  shall be paid from time to time as  incurred,  both in  advance of and
after the final  disposition  of such action or claim.  The  obligations  of the
parties under this section shall survive any termination of this Agreement,  and
resignation  or  removal  of  the  Escrow  Agent  shall  be  independent  of any
obligation of Escrow Agent.

      14. EXPENSES  OF ESCROW  AGENT.  Except  as set  forth in  Section  11 the
Company shall  reimburse  Escrow Agent for all of its  reasonable  out-of-pocket
expenses,  including  attorneys' fees, travel expenses,  telephone and facsimile
transmission  costs,  postage  (including  express mail and  overnight  delivery
charges),   copying  charges  and  the  like.  All  of  the   compensation   and

                                       10
<PAGE>

reimbursement  obligations  set forth in this  Section  shall be  payable by the
Company,  upon demand by Escrow Agent. The obligations of the Company under this
Section shall survive any  termination of this Agreement and the  resignation or
removal of Escrow Agent.

      15. WARRANTIES.

      a.    Investor makes the following representations and warranties to
Escrow Agent and the Investor's Counsel :

            (i)  Investor  has full  power and  authority  to  execute  and
            deliver this Escrow  Agreement  and to perform its  obligations
            hereunder.

            (ii)  This  Escrow  Agreement  has been  duly  approved  by all
            necessary corporate action of Investor, including any necessary
            shareholder  approval,  has been  executed  by duly  authorized
            officers of the Investor,  enforceable  in accordance  with its
            terms.

            (iii) The execution,  delivery, and performance of the Investor
            of this Agreement  will not violate,  conflict with, or cause a
            default under the  certificate  of  incorporation  or bylaws of
            Investor, any applicable law or regulation,  any court order or
            administrative  ruling or degree  to which  the  Investor  is a
            party or any of its  property  is  subject,  or any  agreement,
            contract, indenture, or other binding arrangement.

            (iv)  Mark A.  Angelo  has been  duly  appointed  to act as the
            representative  of  Investor  hereunder  and has full power and
            authority  to  execute,   deliver,   and  perform  this  Escrow
            Agreement,  to execute and deliver any Joint Written Direction,
            to amend, modify, or waive any provision of this Agreement, and
            to  take  any  and  all  other   actions   as  the   Investor's
            representative  under  this  Agreement,   all  without  further
            consent or  direction  form,  or notice to, the Investor or any
            other party.

            (v) No party  other than the parties  hereto and the  Investors
            have, or shall have,  any lien,  claim or security  interest in
            the Escrow Funds or any part  thereof.  No financing  statement
            under  the   Uniform   Commercial   Code  is  on  file  in  any
            jurisdiction  claiming a  security  interest  in or  describing
            (whether  specifically  or  generally)  the Escrow Funds or any
            part thereof.

            (vi) All of the  representations and warranties of the Investor
            contained  herein are true and  complete  as of the date hereof
            and

                                       11
<PAGE>

            will be true and complete at the time of any disbursement  from
            the Escrow Funds.

      b.    The  Company  makes  the  following  representations  and warranties
to Escrow Agent and Investor's Counsel:

            (i)  The  Company  is a  corporation  duly  organized,  validly
            existing,  and in good standing  under the laws of the State of
            Delaware , and has full  power and  authority  to  execute  and
            deliver this Escrow  Agreement  and to perform its  obligations
            hereunder.

            (ii)  This  Escrow  Agreement  has been  duly  approved  by all
            necessary  corporate  action  of  the  Company,  including  any
            necessary  shareholder  approval,  has  been  executed  by duly
            authorized  officers of the Company,  enforceable in accordance
            with its terms.

            (iii) The execution,  delivery,  and performance by the Company
            of this Escrow  Agreement is in accordance with the Equity Line
            of Credit  Agreement  and will not violate,  conflict  with, or
            cause a  default  under the  certificate  of  incorporation  or
            bylaws of the Company,  any applicable  law or regulation,  any
            court  order or  administrative  ruling  or decree to which the
            Company is a party or any of its  property is  subject,  or any
            agreement, contract, indenture, or other binding arrangement.

            (iv) Gregory S. Levine , has been duly  appointed to act as the
            representative  of the Company hereunder and has full power and
            authority  to  execute,   deliver,   and  perform  this  Escrow
            Agreement,  to execute and deliver any Joint Written Direction,
            to amend,  modify or waive any provision of this  Agreement and
            to take all other actions as the Company's Representative under
            this Agreement,  all without further consent or direction from,
            or notice to, the Company or any other party.

            (v) No party other than the  parties  hereto  shall  have,  any
            lien,  claim or security  interest  in the Escrow  Funds or any
            part  thereof.   No  financing   statement  under  the  Uniform
            Commercial  Code  is on  file in any  jurisdiction  claiming  a
            security  interest in or describing  (whether  specifically  or
            generally) the Escrow Funds or any part thereof.

            (vi) All of the  representations  and warranties of the Company
            contained  herein are true and  complete  as of the date hereof

                                    12
<PAGE>

            and will be true and  complete at the time of any  disbursement
            from the Escrow Funds.

      14. CONSENT TO JURISDICTION  AND VENUE. In the event that any party hereto
commences  a  lawsuit  or other  proceeding  relating  to or  arising  from this
Agreement,  the parties  hereto agree that the United States  District Court for
the District of New Jersey shall have the sole and exclusive  jurisdiction  over
any  such   proceeding.   If  all  such  courts  lack  federal   subject  matter
jurisdiction,  the parties agree that the Superior Court Division of New Jersey,
Chancery  Division of Essex County shall have sole and  exclusive  jurisdiction.
Any of these  courts  shall be proper  venue for any such  lawsuit  or  judicial
proceeding and the parties hereto waive any objection to such venue. The parties
hereto consent to and agree to submit to the  jurisdiction  of any of the courts
specified  herein  and agree to accept the  service of process to vest  personal
jurisdiction over them in any of these courts.

      15. NOTICE.  All notices and other  communications  hereunder  shall be in
writing and shall be deemed to have been validly served, given or delivered five
(5) days after deposit in the United States mails, by certified mail with return
receipt requested and postage prepaid,  when delivered  personally,  one (1) day
delivered  to  any  overnight   courier,   or  when   transmitted  by  facsimile
transmission  and  addressed  to the  party to be  notified  as  follows:

If to Investment Adviser, to: Cornell Capital Partners, L.P.
                              C/O Yorkville Advisors LLC
                              521 Fifth Avenue - 17th Floor
                              New York, NY 10175
                              Attention: Mark A. Angelo

With a Copy to:               Butler Gonzalez, LLP
                              1000 Stuyvesant Avenue
                              Suite #6
                              Union, New Jersey  07083
                              Attention:  David Gonzalez, Esq.
                              Facsimile:  (908) 810-0973

If to Company, to:            Nexland, Inc.
                              1101 Brickell Avenue
                              North Tower, Second Floor
                              Miami, Florida  33131
                              Attention:  Gregory S. Levine, President
                              Facsimile:  (941) 366-6017

With copy to:                 Kirkpatrick & Lockhart
                              201 South Biscayne Blvd.
                              Suite 2000
                              Miami, Florida  33131
                              Attention:  Clayton Parker, Esq.
                              Facsimile:  (305) 358-7095

                                       13
<PAGE>

If to the Escrow Agent, to:   First Union National Bank,
                              407 Main Street
                              Metuchen, New Jersey 08840
                              Attention: Robert Mercado
                                         Carmela Agugliaro
                              Facsimile: (732) 452-3005

      Or to such other  address as each party may  designate  for itself by like
notice.

      16. AMENDMENTS  OR  WAIVER.  This  Agreement  may   be  changed,   waived,
discharged or terminated  only by a writing  signed by the parties of the Escrow
Agent.  No delay or omission by any party in  exercising  any right with respect
hereto  shall  operate  as  waiver.  A waiver on any one  occasion  shall not be
construed as a bar to, or waiver of, any right or remedy on any future occasion.

      17. SEVERABILITY.  To  the  extent  any  provision  of this  Agreement  is
prohibited  by  or  invalid  under  applicable  law,  such  provision  shall  be
ineffective  to  the  extent  of  such  prohibition,   or  invalidity,   without
invalidating the remainder of such provision or the remaining provisions of this
Agreement.

      18. GOVERNING LAW. This  Agreement  shall be construed and  interpreted in
accordance  with the  internal  laws of the State of New Jersey  without  giving
effect to the conflict of laws principles thereof.

      19. ENTIRE  AGREEMENT.  This Agreement  constitutes  the entire  Agreement
between the parties relating to the holding, investment, and disbursement of the
Escrow Funds and sets forth in their entirety the  obligations and duties of the
Escrow Agent with respect to the Escrow Funds.

      20. BINDING EFFECT.  All of the terms of this  Agreement,  as amended from
time to time,  shall be binding upon, inure to the benefit of and be enforceable
by the  respective  heirs,  successors and assigns of the Placement  Agent,  the
Company, or the Escrow Agent.

      21.  EXECUTION  OF  COUNTERPARTS.  This  Agreement  and any Joint  Written
Direction  may be  executed  in  counter  parts,  which when so  executed  shall
constitute one and same agreement or direction.

      22.  TERMINATION.  Upon the  first to  occur  of the  disbursement  of all
amounts  in the  Escrow  Funds  pursuant  to  Joint  Written  Directions  or the
disbursement of all amounts in the Escrow Funds into court pursuant to Section 7
hereof,  this Agreement  shall  terminate and Escrow Agent shall have no further
obligation or liability  whatsoever with respect to this Agreement or the Escrow
Funds.

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

                                       14
<PAGE>

      IN WITNESS WHEREOF the parties have hereunto set their hands and seals the
day and year above set forth.

                                    NEXLAND, INC.

                                    By: /s/ Gregory S. Levine
                                        -----------------------------------
                                        Name: Gregory S. Levine
                                        Title: Chief Executive Officer

                                    FIRST UNION NATIONAL BANK

                                    By: /s/ Robert Mercado
                                        -----------------------------------
                                        Name: Robert Mercado
                                        Title: As Escrow Agent

                                    CORNELL CAPITAL PARTNERS, L.P.

                                    By: Yorkville Advisors Management
                                    Its: General Partner

                                    By: /s/ Mark A. Angelo
                                        -----------------------------------
                                    Name: Mark A. Angelo
                                    Title: Fund Manager

                                    BUTLER GONZALEZ LLP

                                    By: /s/ David Gonzalez
                                        -----------------------------------
                                        Name: David Gonzalez
                                        Title: Partner

                                       15

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