Document:

STOCK PURCHASE AGREEMENT

         This STOCK PURCHASE AGREEMENT (this "Agreement") is entered into as of
October 16, 2000 by and among StyleU4EA.com, Inc., a Delaware corporation (the
"Company"), and Headwaters Incorporated, a Delaware corporation (the
"Purchaser"). The Purchaser desires to make an investment in the Company on the
terms and conditions set forth in this Agreement.

         In consideration of the mutual promises and covenants contained in this
Agreement, the parties to this Agreement agree as follows:

         1. Purchase and Sale of Shares. Upon the terms and conditions contained
herein, and provided that Company is not in default hereunder, the Company shall
sell to the Purchaser, and the Purchaser shall purchase from the Company, on the
dates set forth in the table below, the number of shares (the "Shares") of
Common Stock of the Company determined by dividing the purchase price set forth
in the table below by the Price Per Share (as defined below):

                   Date                      Purchase Price
                   ----                      --------------
                   October 16, 2000             $150,000
                   October 20, 2000             $150,000
                   October 25, 2000             $110,000
                   November 1, 2000             $100,000

         2. Price Per Share. The Price Per Share shall initially be $3.00 per
Share. The Company is currently attempting to raise $5 million in equity capital
in a limited offering (the "Offering") of which the sale of the Shares is a
part. If the Company sells equity capital in the Offering at a price per common
stock equivalent share less than $3.00 per share, then the Price Per Share
hereunder shall be adjusted to be the lowest price per common stock equivalent
share of securities sold in the Offering. If the Company does not receive a
written commitment to fund at least $2,500,000 in gross proceeds from the sale
of equity capital in the Offering on or before January 31, 2001, or if the
Company fails to receive at least $2,500,000 in gross proceeds from the sale of
equity capital in the Offering on or before February 15, 2001, then the Price
Per Share hereunder shall be adjusted to be the lower of the Price Per Share
adjusted pursuant to the preceding sentence or $0.50 per Share. All adjustments
to the Price Per Share shall be effective retroactively for all purchases
hereunder. The price per common stock equivalent share of preferred stock or
other securities sold in the Offering which are convertible into or exchangeable
for common stock shall mean the purchase price of such preferred stock or other
security divided by the maximum number of shares of common stock into which such
security may be converted or exchanged. If in connection with the Offering
affiliates of the Company transfer shares to other investors in the Offering for
a consideration less than the Price Per Share then in effect, such transferred
shares shall be considered to have been issued by the Company to such investors
as part of their purchase in the Offering.

         3. Issuance of Share Certificates. Purchaser will wire transfer the
purchase price for Shares purchased to an account designated by Company on the
dates set forth in Paragraph 1. Upon receipt of such wire transferred funds,
Company shall immediately arrange for the delivery of share certificates to
Purchaser for the number of Shares then purchased based on the Price Per Share
then in effect. Immediately upon the happening of any event which causes an
adjustment to the Price Per Share pursuant to Paragraph 2, Company shall deliver
to Purchaser (i) a statement, certified by an officer of Company, setting forth
the adjusted Price Per Share, and (ii) certificate(s) for the additional Shares
which would have been issued on all prior purchase dates, had the adjusted Price
Per Share then been in effect.

         4. Consulting Agreement, Cross Default. Contemporaneous with the
execution of this Agreement, Company shall enter into a six-month management
consulting agreement (the

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"Consulting Agreement" with Purchaser. A default by Company of its obligations
under the Consulting Agreement shall be considered a default under this
agreement and vice versa.

         5. Representations and Warranties of the Company. The Company hereby
represents and warrants to the Purchaser as follows:

                  (a) Organization. The Company (i) is a corporation duly
organized, validly existing and in good standing under the laws of the State of
Delaware and (ii) has all requisite power and authority to carry on its
business, to own and hold its properties and assets, to enter into and perform
this Agreement.

                  (b) Authorization. The execution, delivery and performance by
the Company of this Agreement have been duly and validly authorized by the
Company's Board of Directors and no authorization or approval of the Company's
shareholders is required in connection therewith. This Agreement constitutes the
legal, valid and binding obligations of the Company and each is enforceable
against the Company in accordance with its respective terms, except as such
enforcement may be limited by bankruptcy, insolvency and other similar laws
affecting the enforcement of creditors' rights generally.

                  (c) No Conflict. The execution, delivery and performance by
the Company of this Agreement: (i) will not conflict with, result in a breach of
or constitute a default under any contract, agreement, indenture, loan or credit
agreement, deed of trust, mortgage, lease, security agreement or other
arrangement to which the Company is a party or by which the Company or any of
its properties or assets is bound or affected; (ii) will not cause the Company
to violate or contravene any provision of its Certificate of Incorporation or
Bylaws; or (iii) require any authorization, consent, approval, permit, exemption
or other action by or notice to any court or administrative or governmental body
pursuant to the Certificate of Incorporation or Bylaws of the Company, any law,
statute, rule or regulation to which the Company is subject or any agreement,
instrument, order, judgment or decree to which the Company is subject.

                  (d) Common Stock. All of the shares of Common Stock issuable
under this Agreement have been duly authorized and reserved for issuance and,
upon payment thereon and issuance thereof in accordance with the terms of this
Agreement, will be duly authorized, validly issued, fully paid and
nonassessable.

                  (e) Capitalization. The authorized capital stock of the
Company consists of 25,000,000 shares of Common Stock, par value $.001 per
share, and 5,000,000 shares of Preferred Stock, par value $.001 per share, and
the Company has no authority to issue any other capital stock or security. As of
the date hereof, a total of 7,226,500 shares of Common Stock have been issued
and such shares are duly authorized, validly issued, fully paid and
nonassessable and no shares of Preferred Stock have been issued. Except as
provided in this Agreement and the Company's Certificate of Incorporation, there
are no outstanding preemptive, conversion or other rights, subscriptions,
options, warrants, calls, contracts, demands, commitments, convertible or
exchangeable securities or other instruments, agreements or arrangements of any
character or nature whatever issued by or binding upon the Company for the
purchase or acquisition of any shares of its capital stock, other than (i)
outstanding warrants to purchase an aggregate of 200,000 shares of Common Stock,
and (ii) options granted or to be granted to employees and consultants of the
Company under the Company's stock option plan to be implemented.

                  (f) Financial Statements. Company has provided Purchaser with
its financial statements for the years ended September 30, 2000. Such annual
financial statements have been prepared in accordance with generally accepted
accounting principles, consistently applied. Such interim financial statements
do not contain full footnote disclosure and but have otherwise been prepared in

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accordance with generally accepted accounting principles, consistently applied.
All such financial statements present fairly the results of operations of the
Company for the periods stated and its financial condition as of the date the
balance sheets contained therein.

                  (g) Full Disclosure. No statement by Company contained in this
Agreement or any other instrument or document given by Company in connection
with this Agreement contains any untrue statement of a material fact or omits to
state a material fact necessary, in light of the circumstances under which it
was made, in order to make the statements herein or therein not misleading.

         6. Restrictions on Transfer and Purchaser Representations. In acquiring
the Shares, the Purchaser makes the following representations, warranties and
agreements:

                  (a) The Purchaser understands that the Shares will be issued
by the Company without registration under the Securities Act of 1933, as amended
("Act"), and without qualification and/or registration under applicable state
securities laws pursuant to specific exemptions from registration and/or
qualification contained in the Act and in applicable state securities laws. The
Purchaser understands that the foregoing exemptions depend upon, among other
things, the bona fide nature of his investment intent as expressed herein.

                  (b) The Purchaser agrees that none of the Shares, nor any
interest in the Shares, will be sold, transferred, or otherwise disposed of by
him without registration and/or qualification under the Act or applicable state
securities laws unless the Purchaser first demonstrates to the satisfaction of
the Company that specific exemptions from such registration and qualification
requirements are available with respect to such resale or disposition or
provides the Company an opinion of counsel satisfactory to the Company that a
contemplated transfer may be made without violation of the Act or applicable
state securities laws.

                  (c) The Purchaser represents and warrants to the Company the
following:

                           (i) The Purchaser is acquiring the Shares for
         investment purposes only, for such Purchaser's own account, and not as
         nominee or agent for any other person, and not with a view to, or for
         resale in connection with, any distribution thereof within the meaning
         of the Act.

                           (ii) The Purchaser has received all the information
         he considers necessary or appropriate to evaluate the risks and merits
         of an investment in the Shares, and has had an opportunity to discuss
         the Company's business, management, financial affairs and prospects
         with the Company's management.

                           (iii) The Purchaser is an "accredited investor"
         within the meaning of Rule 501 of Regulation D promulgated under the
         Act. All information that such Purchaser has provided to the Company
         including, but not limited to, the information contained in the
         investor questionnaire delivered in connection herewith, is complete
         and accurate and may be relied upon by the Company.

                           (iv) The Purchaser is able to bear the economic risks
         related to a purchase of the Shares. The Purchaser either has a
         pre-existing personal or business relationship with the Company or any
         of its officers, directors of controlling persons, or by reason of the
         Purchaser's business or financial experience or the business or
         financial experience of his professional advisor who is unaffiliated
         with and who is not compensated by the Company or any

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         affiliated or selling agent of the Company, directly or indirectly, has
         the capacity to protect his own interests in connection with the
         subject transactions.

                  (d) The Purchaser acknowledges that the Shares to be issued to
him will contain a legend which prohibits an offer to transfer or a transfer of
all or any portion of the Shares unless the Shares are registered under the Act
or unless an exemption from registration is available with respect to such
resale or disposition.

         7. Piggyback Registration Rights. The Company hereby grants the
Purchaser "piggyback" registration rights to register all common stock of the
Company now owned or hereafter acquired by the Purchaser (the "Registrable
Securities") for resale under the Act. If the Company determines to file a
registration statement to which the registration rights apply, it shall so
notify the undersigned and allow the undersigned twenty one (21) days to elect,
in writing, to include the Registrable Securities therein. If the offering is
being underwritten, the Purchaser will enter into an underwriting agreement with
such underwriter and will pay underwriting discounts, commissions and expenses
with respect to its sales, as well as any taxes on such sales and the cost of
any separate counsel retained by the Purchaser; provided that all other costs of
the Registration Statement shall be borne by the Company. The piggyback
registration rights described herein shall not apply with respect to
registrations on inappropriate forms, such as Form S-8 or S-4. Shares of Common
stock owned by the Purchaser shall cease to be Registrable Securities at such
time as, in the opinion of Company's counsel reasonably satisfactory to
Purchaser, such shares may be publicly sold without registration under the Act.
These registration rights shall be binding upon successors to the Company by way
of merger or otherwise and shall be assignable to subsequent owners of the
Registrable Securities who do not receive unrestricted and un-legended
certificates therefor.

         8. Co-Sale. The Company shall cause its officers, directors and 10%
shareholders (the "Principal Holders") to agree that they will not sell Company
common stock held by them unless they first give Purchaser notice of such
proposed sale and allow Purchaser to include common stock (including the Shares
and other common stock now owned or hereafter acquired) in such sale on the same
terms and conditions. The amount of common stock which Purchaser may include in
the sale shall be in the same proportion as Purchaser's holdings bear to the
holdings of the Principal Holder(s) giving notice of the proposed sale.
Purchaser's co-sale rights shall not apply to gifts or other transfers primarily
for family or estate-planning purposes; provided that the transferee remains
obligated with respect to future sales, and shall not apply to open market sales
into an established public market for the common stock. Purchaser's co-sale
rights shall expire after the Company has successfully completed an underwritten
public offering of its common stock. The Company shall place appropriate legends
regarding such co-sale rights on the certificates of the Principal Holders.

         9. Indemnification. The Purchaser hereby indemnifies the Company, its
affiliates and its agents and holds them harmless from and against any and all
loss, damage, liability or expense, including costs and reasonable attorneys'
fees, incurred by the Company (or its affiliates or agents) by reason of or in
connection with any misrepresentation made by Purchaser herein, any breach of
any of Purchaser's warranties, or Purchaser's failure to fulfill any of his
covenants or agreements under this Agreement. This Agreement and the
representations and warranties contained herein shall survive Purchaser's
purchase of the Shares and shall be binding upon Purchaser's heirs, executors,
administrators, successors and assigns.

         10. Market Stand-off. Except as provided in Paragraph 7, the Purchaser
(on behalf of himself, his successors and assigns), agrees not to sell or
otherwise transfer or dispose of any Shares acquired under this Agreement for a
period not to exceed one hundred eighty (180) days following the effective date
of a registration statement of the Company filed under the Act in connection
with an

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underwritten public offering of the Company's Common Stock if so requested by
the underwriter of such offering. The Company may impose stock transfer
instructions with respect to the shares subject to the foregoing restriction
until the end of such period. Provided, however, that in the event a majority of
shareholders of the Company's stock sign a lock up agreement in conjunction with
the registration of the stock, the Purchaser shall be obligated to abide by the
same terms and conditions as such a lock up agreement requires.

         11. Severability. In the event any provision of this Agreement shall
finally be determined to be unlawful, such provision shall be deemed to be
severed from this Agreement and every other provision of this Agreement shall
remain in full force and effect.

         12. Attorneys' Fees. In the event any action in law or equity,
arbitration or other proceeding is brought for the enforcement of this Agreement
or in connection with any of the provisions of this Agreement, the prevailing
party or parties shall be entitled to its attorneys' fees and other costs
reasonably incurred in such action or proceeding.

         13. Notices. Any notice to be given hereunder shall be given (except as
otherwise expressly set forth herein) by registered or certified mail, postage
prepaid, by cable, telex or facsimile, or may be delivered by hand or by
messenger and shall be deemed to have been received as follows: if given by
registered or certified mail, five business days after posting; if given by
cable, two business days after dispatch; if given by telex or facsimile, one
business day after dispatch; and if delivered by hand or by messenger and
receipted for by or on behalf of the party to whom the notice is directed, at
the time of such delivery. Any notice shall be sent to the address given in the
signature blocks of this Agreement or to such other address as the relevant
party may notify to the other.

         14. Entire Agreement; Amendment. Other than the Consulting Agreement
and disclosure materials given to Purchaser in connection herewith, this
Agreement and the exhibits hereto contain all of the agreements between the
parties with respect to the matters contained herein and supersedes all prior
written or oral and all contemporaneous oral agreements or understandings
between the parties pertaining to any such matters. No provision of this
Agreement may be amended or added to except by an agreement in writing signed by
the parties to this Agreement.

         15. Controlling Law. This Agreement shall be governed by, interpreted
under, and construed and enforced in accordance with the laws of the State of
California applicable to agreements made and to be performed wholly within the
State of California. In the event a judicial proceeding is necessary, the sole
forum for resolving disputes arising under or relating to this Agreement shall
be the applicable courts in Orange County, California, and all related appellate
courts, and the parties hereby consent to the jurisdiction of such courts, and
that venue shall be in Orange County, California.

         16. Counterparts. This Agreement may be executed in counterparts, each
of which shall be an original but all of which shall constitute one and the same
instrument. "COMPANY"

                                    STYLE U4EA.COM, INC., a Delaware corporation

                                    By: /s/ James Gelinas
                                        ----------------------
                                        Name: James Gelinas
                                        Title: Chairman

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                                        Address: 20812 Lassen Street
                                                 Chatsworth, CA  91300

The foregoing Agreement is hereby accepted as of the date first above written.

"PURCHASER"

HEADWATERS, INCORPORATED
a Delaware corporation

By: /s/ Kirk A. Benson
    ----------------------
    Kirk Benson,
    CEO

Address:

11778 S. Election Drive, Suite 210
Salt Lake City, UT 84020

                                       6LOAN AND SECURITY AGREEMENT

$100,000                                                    Salt Lake City, Utah
                                                            29 November 2000

         FOR VALUE RECEIVED, the undersigned NEXTSTEP BROADBAND CORPORATION a
Delaware corporation ("Company"), hereby promises to pay to HEADWATERS
INCORPORATED, a Delaware corporation ("Holder"), at such place as Headwaters may
reasonably specify, in lawful money of the United States of America, the
principal amount of $100,000 on April 4, 2001 (the "Maturity Date"), plus
interest on the principal amount outstanding from time to time hereunder at a
rate equal to the lesser of (i) the maximum lawful rate or (ii) ten percent
(10%) per annum. Interest shall be due and payable on the Maturity Date.
Interest shall be computed on the basis of a 365 or 366-day year, as applicable.

         1. Advances; Payments. On before the date of this Loan and Security
Agreement (the "Agreement") and subject to the accuracy of Company's
representations, Holder will deliver to Company in immediately available funds
the principal amount specified above.

                  All payments under this Agreement shall be applied first to
fees and expenses, then to interest and then to principal. Any principal or
interest payments on this Agreement outstanding after the occurrence and during
the continuance of a default under this Agreement shall bear interest at a rate
equal to the lesser of (i) the lawful legal rate or (ii) five percent (5%) above
the interest rate otherwise applicable under this Agreement.

         2. Secured Agreement. To secure repayment of all obligations evidenced
by this Agreement and performance of all of Company's obligations hereunder,
Company grants Holder a first priority security interest in all of Company's
inventory, accounts, equipment, cash, deposit accounts, securities, Intellectual
Property (as defined in Exhibit A hereto), chattel paper, general intangibles
and instruments, now existing or hereafter arising, and all proceeds thereof, as
such terms are defined in the Uniform Commercial Code (the "UCC"), whether now
owned or hereafter acquired, or any value received in exchange for any of the
foregoing (collectively, the "Collateral") as set forth in Exhibit A. Company
shall take such actions as Holder reasonably requests from time to time to
perfect or continue the first priority security interest granted hereunder
including, without limitation, filing UCC-1 financing statements in connection
therewith. Company, except in the ordinary course of business, shall not dispose
of or encumber all or any substantial part of the Collateral without prior
written consent of Holder.

         3.       Representations, Warranties and Covenants of Company.

                  (a) Corporate Existence and Authority. Company is and will
continue to be duly organized, validly existing and in good standing under the
laws of the jurisdiction of its incorporation or organization. Company is and
will continue to be qualified and licensed to do business in all jurisdictions
in which any failure to do so would have a material adverse effect on Company.
Company has all requisite power to transact the business it transacts and
proposes to

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transact, to execute and deliver this Agreement, and all other documents and
agreements contemplated by this Agreement, and to perform the provisions of this
Agreement and to consummate the transactions contemplated by this Agreement. The
execution, delivery and performance of this Agreement, and all other documents
and agreements contemplated by this Agreement, and the consummation of the
transactions contemplated by this Agreement, have been duly authorized and
approved by Company. This Agreement, and all other documents and agreements
contemplated by this Agreement have each been duly authorized, executed and
delivered by, and each is the valid and binding obligation of, Company
enforceable against Company in accordance with its terms, except as may be
limited by applicable bankruptcy, reorganization, insolvency, moratorium or
other similar laws or by legal or equitable principles relating to or limiting
creditors' rights generally.

                  (b) No Conflicts. The consummation of the transactions
contemplated by this Agreement and the performance of the terms and provisions
of this Agreement, and any other documents or agreements contemplated by this
Agreement will not (i) contravene, result in any breach of, or constitute a
default under any indenture, mortgage, deed of trust, bank loan or credit
agreement, corporate charter, by-laws or other material agreement or instrument
to which Company is a party or by which Company or any of its properties or the
Collateral is bound, (ii) conflict with or result in a breach of any of the
terms, conditions or provisions of any order of any court, arbitrator or
Federal, State, municipal or other governmental department, commission, board,
bureau, agency or instrumentality, domestic or foreign (collectively,
"Governmental Person") applicable to Company or (iii) violate any material
provision of any statute or other rule or regulation of any Governmental Person
applicable to Company, which could have a material adverse effect on Company.

                  (c) Place of Business; Location of Collateral. The address set
forth in Section 8(c) of this Agreement is Company's chief executive office. The
Collateral is located at Company's chief executive office. Company will give
Holder prior written notice before opening any additional place of business,
changing its chief executive office, or moving any of the Collateral to a
location other than Company's chief executive office.

                  (d) Title to Collateral; Permitted Liens. Company is now, and
will at all times in the future be, the sole owner of all the Collateral, except
for items of equipment which are leased by Company and inventory on consignment.
The Collateral is subject only to the existing lien of Headwaters Incorporated
and Donald Danks under that certain Loan and Security Agreement dated as of 6
October 2000. At or before the date of this Agreement, the Company will obtain a
subordination agreement for the existing lien satisfactory to Holder in order to
make Holder's lien hereunder of first priority. Holder now has, and will
continue to have, a first priority perfected and enforceable security interest
in all of the Collateral, subject to the purchase money, consignor or lessor
security interests, and Company will at all times defend Holder and the
Collateral against all claims of others (subject to the rights of holders of
purchase money, consignor or lessor security interests in certain equipment and
inventory). So long as the loan is outstanding, none of the Collateral now is or
will be affixed to any real property in such a manner, or with such intent, as
to become a fixture. Company is not and will not become a lessee under any real
property lease pursuant to which the lessor may obtain any rights in any of the
Collateral and no such lease now prohibits, restrains, impairs or will prohibit,
restrain or

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<PAGE>

impair Company's right to remove any Collateral from the leased premises
(subject to statutory rights of landlords). Whenever any Collateral is located
upon premises in which any third party has an interest (whether as owner,
mortgagee, beneficiary under a deed of trust, lien or otherwise), Company shall,
whenever requested by Holder, use its best efforts to cause such third party to
execute and deliver to Holder, in form acceptable to Holder, such waivers and
subordinations as Holder shall specify, so as to ensure that Holder's rights in
the Collateral are, and will continue to be, superior to the rights of any such
third party. Company will keep in full force and effect, and will comply with
all the terms of, any lease of real property where any of the Collateral now or
in the future may be located.

                  (e) Maintenance of Collateral. Company will maintain the
Collateral in good working condition, ordinary wear and tear excepted, and
Company will not use the Collateral for any unlawful purposes. Company will
immediately advise Holder in writing of any material loss or damage to the
Collateral.

                  (f) Books and Records. Company has maintained and will
maintain at Company's chief executive office complete and accurate books and
records, comprising an accounting system in accordance with generally accepted
accounting principles.

                  (g) Financial Condition, Statements and Reports. All financial
statements now or in the future delivered to Holder have been, and will be,
prepared in conformity with generally accepted accounting principles and now and
in the future will completely and fairly reflect the financial condition of
Company, at the times and for the periods therein stated. Between the last date
covered by any such statement provided to Holder and the date hereof, there has
been no material adverse change in the financial condition or business of
Company.

                  (h) Compliance with Law. Company has complied, and will
comply, in all material respects, with all provisions of all applicable laws and
regulations, including, but not limited to, those relating to Company's
ownership of real or personal property, the conduct and licensing of Company's
business, and all environmental matters.

                  (i) Litigation. There is no material claim, suit, litigation,
proceeding or investigation pending or (to the best of Company's knowledge)
threatened by or against or affecting Company in any court or before any
governmental agency (or any basis therefor known to Company) which could
normally or reasonably be expected to result, either separately or in the
aggregate, in any material adverse change in the financial condition or business
of Company, or in any material impairment in the ability of Company to carry on
its business in substantially the same manner as it is now being conducted.
Company will promptly inform Holder in writing of any material claim,
proceeding, litigation or investigation in the future threatened or instituted
by or against Company.

                  (j) Use of Proceeds. All proceeds of the loan shall be used
solely for payment of payroll taxes and withholdings.

                  (k) Intellectual Property. Company possesses all material
licenses, permits, franchises, authorizations, patents, copyrights, trademarks
and trade names and any other tangible

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or intangible or intellectual property rights, or rights thereto, required to
conduct its business substantially as now conducted, without actual knowledge of
conflict with the rights of others.

                  (l) Indebtedness. Except for the loan evidenced by this
Agreement, the loans secured by the existing Danks and Headwaters 6 October 2000
lien and agreements entered into in the ordinary course of business, Company has
no outstanding indebtedness of any kind (including contingent obligations, tax
assessments and unusual forward or long-term commitments).

                  (m) Disclosure. No representation or other statement made by
Company to Holder contains any untrue statement of a material fact or omits to
state a material fact necessary to make any statements made to Holder not
misleading.

                  (n) Performance. Company shall pay the principal of and
interest on the loan evidenced by this Agreement in the manner provided in this
Agreement. The obligation of Company described in the preceding sentence is
absolute and unconditional, irrespective of any tax or accounting treatment of
such obligation including without limitation any documentary stamp, transfer, ad
valorem or other taxes assessed by any jurisdiction in connection with this
transaction.

                  (o) Stay, Extension and Usury Laws. Company agrees (to the
extent it may lawfully do so) that it will not at any time insist upon, plead or
in any manner whatsoever claim or take the benefit or advantage of, any stay or
extension law or any usury law or other law that would prohibit or forgive
Company from paying all or a portion of the principal of, finance fee, or
interest on the loan contemplated by this Agreement, wherever enacted, now or at
any time hereinafter in force, or that may materially affect the covenants or
the performance of this Agreement in any manner inconsistent with the provisions
of this Agreement. Company expressly waives all benefit or advantage of any such
law. If a court of competent jurisdiction prescribes that Company may not waive
its rights to take the benefit or advantage of any stay or extension law or any
usury law or other law in accordance with the prior sentence, then the
obligation to pay interest on the principal shall be reduced to the maximum
legal limit under applicable law governing the interest payable in connection
with this Agreement, and any amount of interest paid by Company that is deemed
illegal shall be deemed to have been a prepayment of principal on the loan.

                  (p) Taxes. Company shall make all necessary tax filings and
reports and pay prior to delinquency all taxes, assessments and governmental
levies that may be imposed upon Company, except as contested in good faith and
by appropriate proceedings.

                  (q) Limitations on Indebtedness. Without Holder's prior
written consent, Company shall not, directly or indirectly, create, incur,
assume, suffer to exist or otherwise in any manner become liable or commit to
become liable for any indebtedness other than the 6 October 2000 Loan and
Security Agreement, the indebtedness to the Holder under this Agreement and
indebtedness incurred in the ordinary course of business not in excess of
$50,000 in the aggregate.

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<PAGE>

                  (r) Insurance. Company shall maintain insurance with
responsible and reputable insurance companies or associations in such amounts
and covering such risks as is usually carried by companies engaged in similar
businesses and owning similar properties in the same general areas in which
Company operates.

                  (s) Reports. Company will provide Holder with quarterly
company-prepared financial statements within 35 days after the end of each month
and such additional financial and other information as Holder may reasonably
request from time to time.

                  (t) Insurance. Company will maintain insurance on the
Collateral that includes a Lender's loss payable endorsement in favor of Holder
as an additional loss payee. Company will maintain insurance in a form
acceptable to Holder relating to the Collateral and Company's business in
amounts and of a type that are customary to businesses similar to Company's.

                  (u) Consolidation. Company will not merge or consolidate with
any person or entity, or make any investments, or dispose of any substantial
portion of its assets without Holder's prior written consent, unless such
merger, consolidation, or disposal shall result in the payment in full of all
debt, including without limitation any principal and interest outstanding
pursuant to this Agreement, owed by Company to Holder.

         4.       Prepayments.

                  (a) Optional. Company may, from time to time, prepay the loan
evidenced hereby, in whole or in part, so long as each partial prepayment of
principal is equal to or greater than $50,000, and Company has given Holder two
(2) or more business days' written notice of such optional prepayment. Any such
optional prepayment of principal shall be without premium or penalty. Each
prepayment of principal under this Section shall be accompanied by all interest
then accrued and unpaid on the principal so prepaid. Any principal prepaid
pursuant to this Section shall be in addition to, and not in lieu of, all
payments otherwise required to be paid under this Agreement at the time of such
prepayment.

                  (b) Mandatory. Unless otherwise agreed to by Holder, Company
shall prepay the loan to the extent of the net institutional financing proceeds
actually received by Company. In the event that Company completes any financing
transaction whatsoever from and after the date of this Agreement which is
non-institutional financing, including without limitation any public or private
placements of debt or equity, Company shall prepay the loan from the first $1
million raised.

         5.       Optional Conversion.

                  (a) At Holder's option, the outstanding principal balance and
all accrued interest shall be convertible, without the payment of any additional
consideration by the Holder and at the option of the Holder, into the Company's
preferred or common stock (the "Securities") pursuant to the terms of this
Section. In the event the Holder elects to convert, Company shall issue the
Securities to Holder as issued in a Company private placement of its Securities
in which

                                       5
<PAGE>

the Company raises more than $500,000 in the aggregate after the date hereof by
converting outstanding principal balance and all accrued interest under the loan
evidenced by this Agreement into such Securities at a price per share that is
equal to the average price per share paid by all third party investors in such
financing. The outstanding principal shall continue to accrue interest, and
Company shall be obligated to pay such interest, according to the terms and
conditions of this Agreement until the Conversion Date (as defined below).

                  (b) In order for the Holder to convert all amounts owing under
this Agreement into Securities, Holder shall deliver a written notice to Company
that the Holder elects to convert. Any conversion made at the election of the
Holder shall be deemed to have been made immediately prior to the close of
business on the date Company is deemed to have received such notice, and the
Holder or its nominee or nominees entitled to receive the Securities shall be
treated for all such purposes as the record holder or holders of such Securities
on such date (the "Conversion Date"). Company shall have no obligation to issue
any fractional shares upon conversion. Any fractional shares shall be rounded up
to the nearest whole share.

         6. Fees and Expenses. Company shall pay all costs and expenses,
including reasonable attorney's fees of Holder's counsel, incurred in the
preparation of this Agreement and the other documents executed in connection
with this Agreement. Company shall also have delivered to Holder warrants to
purchase stock, in form reasonably acceptable to Holder ("Warrants", together
with the Agreement and any other documents delivered in connection with this
Agreement, the "Loan Documents"). Company shall pay all reasonable and actual
costs that Holder incurs in enforcing this Agreement or exercising any rights
with respect to the Collateral, including without limitation reasonable
attorneys' fees and expenses.

         7.       Events of Default; Remedies.

                  (a) Events of Default Defined; Acceleration of Maturity. If
any of the following events ("Events of Default") shall occur and be continuing
(for any reason whatsoever and whether it shall be voluntary or involuntary or
by operation of law or otherwise):

                           (i) default shall be made in the payment of the
         principal of, or interest on, the loan when and as the same shall
         become due and payable, whether at stated maturity, by acceleration,
         upon a mandatory prepayment due date or otherwise; or

                           (ii) default shall be made in the performance or
         observance of any covenant, agreement or condition contained in this
         Agreement or in any of the other Loan Documents, and such default shall
         have continued for a period of five (5) business days following receipt
         of written notice of such default, provided however, that failure by
         any party to give notice of such default shall not relieve Company from
         any liability under this Section; or

                           (iii) Company shall (1) apply for or consent to the
         appointment of, or the taking of possession by, a receiver, custodian,
         trustee or liquidator of itself or of all or a substantial part of its
         property and assets, (2) be generally unable to pay its debts as such
         debts become due, (3) make a general assignment for the benefit of its
         creditors, (4) commence a voluntary case under the United States
         Bankruptcy Code or similar law or regulation (as now or

                                       6
<PAGE>

         hereafter in effect), (5) file a petition seeking to take advantage of
         any other law providing for the relief of debtors, (6) fail to
         controvert in a timely or appropriate manner, or acquiesce in writing
         to, any petition filed against it in an involuntary case under the
         United States Bankruptcy Code or other law or regulation, (7) dissolve,
         (8) take any corporate action under any applicable law analogous to any
         of the foregoing, or (9) take any corporate action for the purpose of
         effecting any of the foregoing; or

                           (iv) a proceeding or case shall be commenced, without
         the application or consent of Company in any court of competent
         jurisdiction, seeking (1) the liquidation, reorganization, dissolution,
         winding up or composition or readjustment of its debts, (2) the
         appointment of a trustee, receiver, custodian, liquidator or the like
         of it or for all or any substantial part of its assets, or (3) similar
         relief in respect of Company, under any law providing for the relief of
         debtors, and such proceeding or case shall continue undismissed, or
         unstayed and in effect, for a period of sixty (60) days; or an order
         for relief shall be entered in an involuntary case under the United
         States Bankruptcy Code or other similar law or regulation, against
         Company; or action under the laws of any jurisdiction affecting Company
         analogous to any of the foregoing shall be taken with respect to
         Company and shall continue unstayed and in effect for any period of
         sixty (60) days; or

                           (v) final judgment for the payment of money shall be
         rendered by a court of competent jurisdiction against Company and
         Company shall not discharge the same or provide for its discharge in
         accordance with its terms, or procure a stay of execution thereof
         within sixty (60) days from the date of entry thereof and within said
         period of sixty (60) days, or such longer period during which execution
         of such judgment shall have been stayed, appeal therefrom and cause the
         execution thereof to be stayed during such appeal, and such judgment
         together with all other such judgments shall exceed in the aggregate
         $100,000; or

                           (vi) any representation or warranty made by Company
         in this Agreement, or any other documents or agreements contemplated
         hereby and thereby or in any certificate or other instrument delivered
         hereunder or pursuant hereto or in connection with any provision hereof
         shall be false or incorrect in any material respect on the date as of
         which made;

then (x) upon the occurrence of any Event of Default described in Section
7(a)(iii) or (iv), the unpaid principal amount of the loan, together with the
interest accrued thereon and all other amounts payable by Company under this
Agreement, shall automatically become immediately due and payable, without
presentment, demand, protest or other requirements of any kind, all of which are
hereby expressly waived by Company or (y) upon the occurrence of any other Event
of Default, Holder may, by notice to Company indicating the Event or Events of
Default, declare the unpaid principal amount of the loan to be, and the same
shall forthwith become, due and payable, together with the interest accrued
thereon and all other amounts payable by Company hereunder. Failure by the
Holder to indicate any Event of Default in any one notice shall not preclude the
Holder from indicating such omitted Event or Events of Default in future notices
and shall not relieve Company of any liability under this Agreement, nor
constitute a waiver of Holder's rights under this Agreement.

                                       7
<PAGE>

                  (b) Suits for Enforcement. If any Event of Default shall have
occurred and be continuing, Holder may proceed to protect and enforce its rights
against Company, either by suit in equity or by action at law, or both, whether
for the specific performance of any covenant or agreement contained in this
Agreement or in aid of the exercise of any power granted in this Agreement, or
Holder may proceed to enforce the payment by Company of all sums due under this
Agreement or to enforce any other legal or equitable right of Holder including
without limitation all rights of a secured party under the UCC.

                  Company covenants that, if it shall default in the making of
any payment due hereunder or in the performance or observance of any agreement
contained in this Agreement, it will pay to Holder such further amounts, to the
extent lawful, to cover any reasonable costs and expenses of collection or of
otherwise enforcing Holder's rights, including without limitation the reasonable
counsel fees and costs and expenses incurred in connection with any
restructuring, negotiation, refinancing, workout, bankruptcy or other similar
transaction or proceeding. The obligations set forth in this paragraph shall
survive the payment in full of the loan.

                  (c) Remedies Cumulative. No remedy herein conferred upon
Holder is intended to be exclusive of any other remedy and each and every such
remedy shall be cumulative and shall be in addition to every other remedy given
hereunder or now or hereafter existing at law or in equity or by statute or
otherwise.

                  (d) Remedies Not Waived. No course of dealing between Company
and any other person and no delay or failure in exercising any rights hereunder
or under the loan in respect thereof shall operate as a waiver of Holder's
rights.

         8.       Miscellaneous.

                  (a) Reliance on and Survival of Representations. All
representations, warranties, covenants and agreements of Company herein shall be
deemed to be material and to have been relied upon by Holder and shall survive
the execution and delivery of this Agreement and of the securities, for so long
as the loan remains outstanding.

                  (b) Successors and Assigns. This Agreement shall bind and
inure to the benefit of and be enforceable by Company, Holder and each of their
respective successors and assigns, and, in addition, shall inure to the benefit
of and be enforceable by each person who shall from time to time be a holder of
the loan. Holder shall be permitted to transfer the securities in accordance
with their terms and in accordance with applicable restrictions under applicable
federal and state securities laws.

                  (c) Notices. All notices and other communications provided for
in this Agreement shall be in writing and delivered by registered or certified
mail, postage prepaid, or delivered by overnight courier (for next business day
delivery) or telecopied, addressed as follows, or at such other address as any
of the parties hereto may hereafter designate by notice to the other parties
given in accordance with this Section:

                                       8
<PAGE>

                           1)       if to Company:

                                    NextStep Broadband Corporation
                                    20812 Lassen Street
                                    Chatsworth, CA  91300
                                    Attn: President
                                    Telephone:  (818) 407-2760
                                    Telecopy:    (818) 407-2762

                                    if to Holder:

                                    HEADWATERS INCORPORATED
                                    11778 S. Election Drive, Suite 210
                                    Draper, UT  84020
                                    Attn: CFO
                                    Telephone: (801) 984-9400
                                    Telecopy:  (801) 984-9410

                  Any such notice or communication shall be deemed to have been
duly given on the fifth day after being so mailed, the next business day after
delivery by overnight courier, when received when sent by telecopy or upon
receipt when delivered personally.

                  (d) Counterparts. This Agreement may be executed in
counterparts, each of which shall be deemed an original but all of which
together shall constitute one and the same instrument. Signatures may be
exchanged by telecopy, with original signatures to follow. Each of the parties
hereto agrees that it will be bound by its own telecopied signature and that it
accepts the telecopied signatures of the other parties to this Agreement. The
original signature pages shall be forwarded to Headwaters and Headwaters will
provide the parties hereto with a copy of the entire Agreement.

                  (e) Amendments. This Agreement may only be amended by a
writing duly executed by the parties hereto.

                  (f) Severability. If any term or provision of this Agreement
or any other document executed in connection herewith shall be determined to be
illegal or unenforceable, all other terms and provisions hereof and thereof
shall nevertheless remain effective and shall be enforced to the fullest extent
permitted by applicable law.

                                       9
<PAGE>

                  (g) Governing Law; Submission to Process. THIS AGREEMENT AND
ALL AMENDMENTS, SUPPLEMENTS, WAIVERS AND CONSENTS RELATING HERETO OR THERETO
SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF
UTAH WITHOUT REGARD TO PRINCIPLES OF CONFLICTS OF LAW. THE COMPANY HEREBY
IRREVOCABLY SUBMITS ITSELF TO THE NON-EXCLUSIVE JURISDICTION OF THE SALT LAKE
CITY DISTRICT COURT FOR THE STATE OF UTAH OR THE UNITED STATES DISTRICT COURT
FOR THE DISTRICT OF UTAH AND AGREES AND CONSENTS THAT SERVICE OF PROCESS MAY BE
MADE UPON IT IN ANY LEGAL PROCEEDINGS RELATING HERETO BY ANY MEANS ALLOWED UNDER
UTAH OR FEDERAL LAW. THE COMPANY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT
PERMITTED BY APPLICABLE LAW, ANY OBJECTION THAT IT MAY NOW OR HEREAFTER HAVE TO
THE LAYING OF VENUE OF ANY SUCH PROCEEDING BROUGHT IN SUCH COURT AND ANY CLAIM
THAT ANY SUCH PROCEEDING BROUGHT IN SUCH A COURT HAS BEEN BROUGHT IN AN
INCONVENIENT FORUM.

                  (h) Entire Agreement. This Agreement contains the entire
Agreement of the parties hereto with respect to the transactions contemplated
hereby and supersedes all previous oral and written, and all previous
contemporaneous oral negotiations, commitments and understandings

                  (i) Further Assurances. Company agrees promptly to execute and
deliver such documents and to take such other acts as are reasonably necessary
to effectuate the purposes of this Agreement.

                  (j) Headings. The headings contained herein are for reference
purposes only and shall not affect in any way the meaning or interpretation of
this Agreement.

                  (k) Assignments and Participations. Company may not assign its
rights or obligations hereunder or under the loan without the prior written
consent of Holder. Holder may assign all or any portion of the loan or Warrants
without the prior consent of Company. Holder may sell or agree to sell to one or
more other persons a participation in all or any part of any of the loan or
Warrants without the prior consent of Company. Upon surrender of the loan or
Warrants, Company shall execute and deliver one or more substitute notes,
warrants or other securities in such denominations and of a like aggregate
unpaid principal amount or other amount issued to Holder and/or to Holder's
designated transferee or transferees. Holder may furnish any information in the
possession of Holder concerning Company, or any of its respective subsidiaries,
from time to time to assignees and participants (including prospective assignees
and participants).

                  (l) Waivers; Indemnity. Company waives presentment and demand
for payment, notice of dishonor, protest of this Agreement, and shall pay all
costs of collection when incurred, including reasonable attorneys' fees, costs
and expenses. Company shall indemnify and hold harmless from any claim,
obligation or liability (including without limitation reasonable attorneys fees
and expenses) arising out of this Agreement or the transactions contemplated
under the Loan Documents.

                                       10
<PAGE>

                  (m) JURY WAIVER. HOLDER AND COMPANY EACH WAIVES ANY RIGHT TO A
JURY TRIAL OF ANY CLAIM OR CAUSE OF ACTION ARISING OUT OF THE LOAN DOCUMENTS OR
ANY OF THE TRANSACTIONS CONTEMPLATED HEREIN.

                            [Signature page follows]

                                       11
<PAGE>

                  IN WITNESS WHEREOF, the parties hereto have caused this
Agreement to be executed as of the day and year set forth above.

                                              NEXTSTEP BROADBAND CORPORATION
                                              a Delaware corporation

                                              By:   /s/ Alex Chaffetz
                                                  ------------------------
                                                   Name: Alex Chaffetz
                                                   Title: President

                                              HEADWATERS INCORPORATED
                                              a Delaware corporation

                                              By: /s/ Kirk A. Benson
                                                  ------------------------
                                                  Name: Kirk A. Benson
                                                  Title: CEO

                                       12

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