Document:

EXHIBIT 10.8
                                                                    ------------

                                                                    July 2, 2002

Corey M. Horowitz
CMH Capital Management Corp
885 Third Avenue, Suite 2900
New York, NY  10022

Dear Corey:

     This letter will confirm that in accordance with action taken at the
meeting of the Board of Directors held on July 2, 2002, the Consulting
Agreement, dated June 29, 2001, between Network - 1 Security Solutions, Inc. and
CMH Capital Management Corp. (which was previously extended until June 11, 2002)
is hereby further extended until December 31, 2002 upon the same terms and
conditions as set forth in the Consulting Agreement, dated June 29, 2001
(excluding any equity issuance as set forth in paragraph 2 of the June 29, 2001
agreement). If the foregoing correctly confirms our understanding, kindly
execute this letter at the appropriate place provided below.

                                                        Very truly yours,

                                                        /s/ Richard Kosinski
                                                        ----------------------
                                                        Richard Kosinski,
                                                        President and Chief
                                                        Executive Officer

Agreed and Accepted:

CMH Capital Management Corp.

By: /s/ Corey M. Horowitz
    ----------------------------
    Corey M. Horowitz, PresidentExhibit 10.2
                              EMPLOYMENT AGREEMENT

                    VLADIMIR F. KUZNETSOV AND IPORUSSIA, INC.

         THIS  EMPLOYMENT  AGREEMENT  ("Agreement"),  dated as of the 1st day of
April, 2002, by and between IPORUSSIA,  INC., a Delaware  corporation,  having a
place  of  business  at 12  Tompkins  Avenue,  Jericho,  NY  11753  (hereinafter
designated and referred to as "Company"), and Vladimir F. Kuznetsov (hereinafter
designated and referred to as "Employee").

         WHEREAS,  the Company desires to employ the Employee in the capacity of
President and Chief Executive Officer of the Company; and

         WHEREAS,  Employee is willing to accept such employment by the Company,
all in accordance with provisions hereinafter set forth.

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

         1. Term: The term of this  Agreement  shall be for a period of five (5)
years commencing April 1, 2002 and  automatically  terminating on March 31, 2007
subject to earlier  termination as provided  herein or unless extended by mutual
consent of both parties in writing  sixty (60) days prior to the end of the term
of this Agreement or any extension thereof, but nothing herein shall require the
Company to agree to any specific term or condition or to any continuation of the
employment beyond March 31, 2007.

         2. Effective  Date: The effective date (the  "Effective  Date") of this
Agreement  shall  commence  two weeks after the Company  obtains  funding in the
amount of Two Hundred and Fifty Thousand Dollars (USD$250,000). If the Effective
Date does not commence  before December 31, 2002 either party may terminate this
Agreement on ten (10) days written notice, unless mutually extended.

         3. Scope of Employment:

              [a]  Capacity.  Company  hereby  agrees  to employ  Employee,  and
Employee  hereby  accepts  such  employment,  as President  and Chief  Executive
Officer of Company  during the term of this Agreement and shall have such powers
and authority as may be given to him from time to time by the Board of Directors
("Board").  Employee  shall  report to the Board of the  Company and perform the
services and duties customarily incident to such office and as otherwise decided
upon by the Board.

              [b] Devotion Of Services. The Employee prior to the Effective Date
shall not be required  to devote a  significant  amount of business  time to the
Company,  and  commencing on the  Effective  Date shall devote his full business
time, attention and energy and render his best efforts and skill to the business
of the Company.

<PAGE>

              [c]  Place  of  Performance.  Employee  agrees  to work out of the
offices of the Company in Moscow,  Russian  Federation  and spend so much of his
business time at the facilities of the Company at Long Island, New York, U.S.A.,
as is  necessary  to  properly  fulfill  his duties as its  President  and Chief
Executive Officer. In addition,  the Employee agrees that to the extent required
he shall travel both domestically and internationally for the Company.

         4. Salary and Bonus: In consideration of the services to be rendered by
Employee  hereunder,  including  without  limitation any services rendered as an
officer or director of Company or any  subsidiary or affiliate  thereof,  during
the term of this Agreement  commencing on the Effective Date,  Company shall pay
to Employee the following:

              [a]  A  salary  in  the   amount  of  Seventy   Thousand   Dollars
(USD$70,000)  per annum.  The Board may,  at its sole and  absolute  discretion,
increase Employee's salary; provided, however, Employee's annual salary shall be
increased at the end of each twelve (12) month period from the Effective Date by
at least fifteen percent (15%) over the previous year.

              [b] The Company's  Board may, but shall not be obligated to, award
bonuses to Employee based upon his performance.

              [c] All  payments  to  Employee  shall be subject  to the  regular
withholding requirements of all appropriate governmental taxing authorities.

         5. Other Benefits:

              [a]  Commencing  on the  Effective  Date,  Company shall provide a
medical  insurance plan for Employee.  Employee  acknowledges  that the terms of
such plan may change  from time to time.  The  Employee  shall be  entitled to a
three (3) weeks annual vacation.

              [b]  Commencing on the Effective  Date,  the Company shall provide
Employee  with a  Company  car for  Employee's  use  for  business  purposes  in
accordance  with  standard  Company  guidelines.  This car shall be insured  and
registered  with the Motor Vehicle  Department by the Company.  Company shall be
responsible for the costs of proper maintenance,  gasoline,  insurance,  repairs
and routine maintenance.

         6.  Expenses:  Company will  advance to or  reimburse  Employee for all
reasonable  travel and  entertainment  required by Company and other  reasonable
expenses incurred by Employee in connection with the performance of his services
under this Agreement in accordance with Company policy as established  from time
to time and upon  submission to the Company by him of  appropriate  vouchers and
expense account reports.

         7.  Indemnification:  Employee shall be indemnified by Company  against
expenses, including attorney's fees, actually and necessarily incurred by him in
connection with the defense of any action, suit,  investigation or proceeding or
similar legal activity, regardless of whether criminal, civil, administrative or
investigative  in nature,  to which he is made a party by reason of his being or
having been an officer of Company,  to the full extent  permitted by  applicable
law  and  the   Certificate  of   Incorporation   of  Company.   Such  right  of
indemnification  will not be  deemed  exclusive  of any  other  rights  to which
Employee  may be  entitled  under  Company's  Certificate  of  Incorporation  or
By-Laws, as in effect from time to time, under any agreement or otherwise.

                                  Page 2 of 7
<PAGE>

         8.  Restrictive  Covenant:  (A)  Employee  acknowledges  that  (i)  the
business in which the Company is engaged is intensely  competitive  and that his
employment  by the Company will require that he have access to and  knowledge of
confidential information of the Company,  including, but not limited to, certain
of the Company's confidential business plans, expansion plans, financial status,
and plans  and  personnel  information  and  trade  secrets,  which are of vital
importance to the success of the Company's business; (ii) the direct or indirect
disclosure  of any  such  confidential  information  to  existing  or  potential
competitors of the Company would place the Company at a competitive disadvantage
and would do damage,  financial and otherwise,  to the Company's  business;  and
(iii) by his training,  experience  and  expertise,  some of his services to the
Company will be special and unique. (B) Employee agrees that, during the term of
this Agreement and if the Agreement is terminated by the Company for cause,  for
a period of two (2) years after the termination of this  Agreement,  he will not
directly or indirectly  become affiliated as an officer,  director,  employee or
consultant or as a substantial  security holder with any other company or entity
whose business is directly competitive with any business then being conducted by
the Company or its subsidiaries  within the Continental  United States or in the
Russian Federation.

         9. Discoveries, etc.:

              [a] The Company shall be the owner, without further  compensation,
of all  rights of every  kind in and with  respect  to any  reports,  materials,
inventions, processes,  discoveries,  improvements,  modifications,  know-how or
trade  secrets  hereafter  made,  prepared,  invented,   discovered,   acquired,
suggested  or reduced to practice  (hereinafter  designated  and  referred to as
"Property Rights") by Employee in connection with Employee's  performance of his
duties pursuant to this Agreement,  and the Company shall be entitled to utilize
and dispose of such in such manner as it may determine.

              [b] The  Employee  agrees to and shall  promptly  disclose  to the
Board all  Property  Rights  (whether or not  patentable)  made,  discovered  or
conceived  of by him,  alone or with others,  at any time during his  employment
with  the  Company.  Any such  Property  Rights  will be the sole and  exclusive
property of the Company, and Employee will execute any assignments  requested by
the  Company of his right,  title or interest in any such  Property  Rights.  In
addition,  the Employee will also provide the Company with any other instruments
or documents  requested  by the Company,  at the  Company's  expense,  as may be
necessary  or  desirable  in applying  for and  obtaining  patents  with respect
thereto in the United States and all foreign countries. The Employee also agrees
to cooperate with the Company and to devote  reasonable  time to the prosecution
or  defense  of  any  patent  claims  or  litigation  or  proceedings  involving
inventions,  trade  secrets,  trademarks,   services  marks,  secret  processes,
discoveries or improvements, whether or not he is employed by the Company at the
time.

                                  Page 3 of 7
<PAGE>

         10. Confidentiality:

              [a]  Restrictions On Use Of Trade Secrets And Records.  During the
term of his employment,  Employee will have access to and become acquainted with
various trade secrets of Company,  consisting of formulas, business formulations
secret  inventions,   processes,   compilations  of  information,   records  and
specifications (collectively "Trade Secrets"), all of which are owned by Company
and used in the  operation of Company's  business.  Additionally,  Employee will
have access to and may become acquainted with various files,  records,  customer
lists, documents, drawings, specifications, equipment and similar items relating
to the business of Company (collectively "Confidential  Information").  All such
Trade Secrets and Confidential Information, whether they are designed, conceived
or prepared by Employee or come into  Employee's  possession or knowledge in any
other way, are and shall remain the exclusive  property of Company and shall not
be removed  from the  premises  of Company  under any  circumstances  whatsoever
without the prior written consent of Company.  Employee promises and agrees that
he will not use for himself or for  others,  or divulge or disclose to any other
person  or  entity,  directly  or  indirectly,  either  during  the  term of his
employment by Company or at any time thereafter,  for his own benefit or for the
benefit of any other person or entity or for any reason  whatsoever,  any of the
Trade  Secrets  or  Confidential  Information  described  herein,  which  he may
conceive, develop, obtain or learn about during or as a result of his employment
by Company unless specifically authorized to do so in writing by Company.

              [b]  Employee  recognizes  that  Company  will invest  substantial
effort in assembling  its employees  and in developing  its customer  base. As a
result,  and  particularly  because  of  Company's  many  types of  confidential
business  information,  Employee understands that any solicitation of a customer
or  employee  of  Company,   in  an  effort  to  get  them  to  change  business
affiliations,  would presumably involve a misuse of Company's confidences, Trade
Secrets and  Confidential  Information.  Employee  therefore  agrees that, for a
period of two (2) years from the later of the date of  termination of Employee's
employment with Company for any reason  whatsoever or the receipt by Employee of
any compensation  paid to Employee by Company,  Employee will not influence,  or
attempt to influence,  existing  employees or customers of Company in an attempt
to divert,  either  directly or  indirectly,  their  services  or business  from
Company.

         11.  Return of Company  Property:  Employee  agrees that  following the
termination of his  employment  for any reason,  he shall return all property of
the Company which is then in or thereafter comes into his possession, including,
but not limited to, documents, contracts, agreements, plans, photographs, books,
notes, electronically stored data and all copies of the foregoing as well as any
other materials or equipment supplied by the Company to the Employee.

         12. Termination Of Agreement:

              [a]  Termination  By  Company.  Company may  terminate  Employee's
employment hereunder at any time for cause (hereinafter "Cause") without payment
of severance or similar benefits. For purposes of this Section 12[a], before the
expiration  of the term of this  Agreement,  "Cause"  shall  mean the  following
events:  (a) any  willful  breach  of  duty by  Employee  in the  course  of his
employment,   (b)  the  breach  of  any  provision  of  this  Agreement  or  any
misrepresentation by Employee hereunder,  (c) misconduct,  neglect or negligence
in  the  performance  of  Employee's  duties  and  obligations,   (d)  disloyal,
dishonest,  willful  misconduct,   illegal,  immoral  or  unethical  conduct  by
Employee, (e) such carelessness or inefficiency in the performance of his duties
that  Employee is unfit to  continue  in the service of Company,  (f) failure of
Employee to comply with the policies or directives of Company  and/or failure to
take  direction  from  Company's  Board,  or (g)  such  other  conduct  which is
substantially  detrimental to the best interests of Company including violations
of the rules and regulations of the U.S. Securities and Exchange Commission. Any
such  termination  shall become  effective  upon  delivery of written  notice to
Employee.

                                  Page 4 of 7
<PAGE>

              [b] Termination By Employee. Employee may terminate his employment
hereunder at any time for cause.  For purposes of this  Section  12[b],  "Cause"
shall mean the breach of any provision of this Agreement by Company which is not
cured within  thirty (30) days after  Employee  delivers  written  notice to the
Company's  Board  describing  such breach.  If the breach is not so cured within
such  thirty  (30) days  after  delivery  of such  notice,  the  termination  of
employment shall become effective after the expiration of such cure period.

              [c] Death Or Disability.  Employee's employment with Company shall
cease upon the date of his death.  In the event Employee  becomes  physically or
mentally  disabled  so as to become  unable for more than sixty (60) days in the
aggregate in any twelve (12) month period  after the  Effective  Date to perform
his duties on a full-time basis with reasonable accommodations,  Company may, at
its sole discretion, terminate this Agreement and Employee's employment.

              [d] Effect Of  Termination.  Upon the  termination  of  Employee's
employment  hereunder or the  expiration  or  termination  of the  Agreement,(a)
Company shall pay Employee all  compensation  accrued and  outstanding as of the
date of such termination or expiration,  and (b) notwithstanding anything to the
contrary  contained  herein,  the rights  and  obligations  of each party  under
Sections 8, 9 and 10 herein shall survive such termination or expiration.

         13. Waiver:  Any waiver by either party of a breach of any provision of
this  Agreement  shall not operate as or be  construed  as a waiver of any other
breach or default hereof.

         14.  Governing  Law:  The  validity of this  Agreement or of any of the
provisions  hereof shall be  determined  under and  according to the laws of the
State of New York,  and this  Agreement  and its  provisions  shall be construed
according to the laws of the State of New York  without  reference to its choice
of law rules.

         15. Notice: All notices,  requests,  consents and other  communications
hereunder  shall be in writing,  shall be  addressed  to the  receiving  party's
address set forth  below or to such other  address as a party may  designate  by
notice  hereunder,  and  shall be either  (i)  delivered  by hand,  (ii) made by
telecopy or facsimile transmission and e-mail, (iii) sent by recognized national
overnight  courier  service,  or (iv) sent by registered  mail,  return  receipt
requested, postage prepaid.

                                  Page 5 of 7
<PAGE>

         If to Employee:                            If to Company:
         Vladimir F. Kuznetsov                      IPORUSSIA, INC.
         12/9 Bratislavskaya Str., Apt. 175         12 Tompkins Avenue
         Moscow, 109453, Russia                     Jericho, NY 11753

         Tel:  011 7 095 347 0023                   Tel:  516-937-6600
                                                    Fax: 516-681-3900
         E-mail: vladfk@yahoo.com                   E-mail: iporussia@yahoo.com

         16.  Assignment:  The  Employee's  assignment of this  Agreement or any
interest  herein,  or any  monies  due or to  become  due by reason of the terms
hereof,  without the prior written  consent of the Company  shall be void.  This
Agreement  shall be binding  upon the Company,  its  successors  (including  any
transferee of the good will of the Company) or assigns.

         17.  Miscellaneous:  This Agreement  contains the entire  understanding
between the parties hereto and supersedes all other oral and written  agreements
or understandings  between them. No modification or addition hereto or waiver or
cancellation  of any provision  shall be valid except by a writing signed by the
Company and Employee.  Facsimile signatures of the undersigned parties will have
the same force and effect as original signatures.

         18. Obligations of a Continuing Nature: It is expressly  understood and
agreed that the covenants,  agreements and restrictions undertaken by or imposed
on Employee  hereunder,  which are stated to exist or continue after termination
of Employee's employment with the Company, shall exist and continue irrespective
of  the  method  or   circumstances  of  such  termination  from  employment  or
termination of this Agreement.

         19.  Severability:  Employee  agrees  that  if any  of  the  covenants,
agreements or restrictions on the part of Employee are held to be invalid by any
court of competent  jurisdiction,  such holding will not  invalidate  any of the
other  covenants,  agreements  and/or  restrictions  herein  contained  and such
invalid  provisions  shall  be  severable  so that  the  invalidity  of any such
provision shall not invalidate any others.  Moreover,  if any one or more of the
provisions  contained in this Agreement shall be held to be excessively broad as
to duration, activity or subject, such provisions shall be construed by limiting
and  reducing  them so as to be  enforceable  to the maximum  extent  allowed by
applicable law.

         20.  Representation:  Employee  represents and warrants that he has the
legal right to enter into this  Agreement and to perform all of the  obligations
on his part to be performed  hereunder in accordance  with its terms and that he
is not a party  to any  agreement  or  understanding,  written  or  oral,  which
prevents  him  from  entering  into  this  Agreement  or  performing  all of his
obligations  hereunder.  In the  event of a  breach  of such  representation  or
warranty on his part or if there is any other legal  impediment  which  prevents
him from  entering  into this  Agreement or  performing  all of his  obligations
hereunder the Company may terminate this Agreement.

                                  Page 6 of 7
<PAGE>

         21. Descriptive  Headings:  The paragraph headings contained herein are
for  reference  purposes  only and shall not in any way  affect  the  meaning or
interpretation of this Agreement.

         22.  Counterparts:  This  Agreement  may be  executed  in  one or  more
counterparts,  each  of  which  shall  be an  original  and all of  which  shall
constitute but one and the same instrument.

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

                                             IPORUSSIA, INC.

                                             By: /s/ Leonard W. Suroff
                                                 -------------------------------
                                                 Leonard W. Suroff
                                                 Treasurer

                                                 /s/  Vladimir F. Kuznetsov
                                                 -------------------------------
                                                 Vladimir F. Kuznetsov
                                                 Employee

                                   Page 7 of 7

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00042-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00042-of-00352.parquet"}]]