Document:

SECURITY AGREEMENT

                  SECURITY AGREEMENT dated as of October 17, 2003 (as amended,
supplemented or otherwise modified, renewed or replaced from time to time, the
"Security Agreement") between TALKPOINT COMMUNICATIONS INC., a Delaware
corporation (the "Grantor") and Michael A. Collado, Esq., PO Box 30349, New
York, New York 10011 for itself and as collateral agent, (the "Collateral
Agent") on behalf of the Secured Parties (as defined).

                             Introductory Statement

                  Pursuant to the Purchase and Subscription Agreement dated as
of October 17, 2003, between Grantor, Moneyline Networks, LLC, and Moneyline
Telerate Holdings, and the other persons whose names appear as signatories to
such agreement (as the same may be amended, supplemented or otherwise modified,
renewed or replaced from time to time, the "Purchase Agreement"), an aggregate
of $325,000 in principal amount of secured convertible notes (collectively, the
"Notes") were issued to the Investors (as defined in the Purchase Agreement).

                  To provide security for the obligations of the Grantor under
the Notes, the Grantor desires to grant to the Collateral Agent, for its benefit
and for the ratable benefit of each other Secured Party, and to each of the
Secured Parties, a security interest in the Collateral pursuant to the terms
hereof.

                  Accordingly, the parties hereto agree as follows:

                  1. Definitions. When used in this Security Agreement:

                  "Account  Debtor"  means any Person who is obligated or
indebted to a Grantor with respect to any Account.

                  "Accounts" means all accounts, as defined in the UCC, now
owned or hereafter acquired by the Grantor, including, without limitation, all
of the Grantor's rights to payment for goods sold or leased or services
performed by the Grantor, whether now in existence or arising from time to time
hereafter, including without limitation, rights evidenced by an account, note,
contract, security agreement, chattel paper, or other evidence of indebtedness
or security, together with (i) all security pledged, assigned, hypothecated or
granted to or held by the Grantor to secure the forgoing, (ii) all guarantees,
endorsements, and indemnifications on, or of, any of the foregoing, (iii) all
powers of attorney for the execution of any indebtedness or security or other
writing in connection therewith, (iv) all books, records, ledger cards and
invoices relating thereto, (v) all evidences of filing of financing statements
and other statements and the registration of other instruments in connection
therewith and amendments thereto, notices to other creditors or secured parties,
and certificates from filing or other registration officers, (vi) all credit
information, reports and memoranda relating thereto and (vii) all other writings
in any way related to the foregoing.
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                  "Applicable Law" shall mean all provisions of statutes, rules,
regulations and orders of the United States, any state thereof or municipality
therein or of any foreign governmental body or of any regulatory agency
applicable to the Person in question, and all orders and decrees of all courts
and arbitrators in proceedings or actions in which the Person in question is a
party.

                  "Collateral" means each of the following types or items of
personal property of the Grantor, whether now owned or hereafter acquired,
wherever located: (i) all Accounts, (ii) all Intellectual Property, (iii) all
Deposit Accounts, (iv) all monies now or at any time or times hereafter in the
possession or under the control of the Grantor or the Secured Party, and (v) all
products and Proceeds of the property described in clauses (i) through (iv)
above.

                  "Copyrights" means any United States or foreign copyrights now
or hereafter owned by the Grantor, including any registrations of any Copyrights
in the United States Copyright Office or the equivalent thereof in any foreign
country and any application for a United States or foreign copyright
registration now or hereafter made by the Grantor with the United States
Copyright Office or the equivalent thereof in any foreign country and any
licenses with respect to any of the foregoing.

                  "Deposit Account" has the meaning given to such term under
Article 9 of the UCC.

                  "Event of Default" means the occurrence and continuation of an
Event of Default (as defined in the Notes).

                  "Governmental Authority" means any court, tribunal,
arbitrator, authority, agency, commission, official or other instrumentality of
the United States, any foreign country or any domestic or foreign state, county,
city or other political subdivision.

                  "Intellectual Property" means all Copyrights, Marks and
Patents now owned or hereafter acquired by the Grantor, and all corporate or
other business records, inventions, designs, blueprints, plans, trade names,
trade secrets, goodwill, registrations, service marks, logos, licenses,
franchises and customer lists.

                  "Lien" means any mortgage, pledge, security interest,
encumbrance, lien or charge of any kind whatsoever (including, without
limitation, any conditional sale or other title retention agreement, any lease
in the nature of security, and the filing of, or agreement to give, any
financing statement under the UCC or the Uniform Commercial Code or other
Applicable Law of any jurisdiction).

                  "Marks" means all right, title and interest of the Grantor now
owned or hereafter acquired in and to any United States or foreign trademarks,
service marks, and trade names, including any registration of any trademarks and
service marks in the United States Patent and Trademark Office or the equivalent
thereof in any foreign country, any application for a United States or foreign
trademark now or hereafter made by the Grantor with the United States Patent and
Trademark Office or the equivalent thereof in any foreign country and any trade
dress including logos and/or designs used by the Grantor in the United States or
any foreign country and any licenses with respect to any of the foregoing.

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                  "Obligations" means all indebtedness, liabilities and other
obligations of the Grantor under the Notes and this Agreement, each whether now
existing or hereafter arising, direct or indirect, secured or unsecured, joint
or several, absolute or contingent, due or to become due, acquired outright,
conditionally or as collateral security from another, contractual or tortious,
liquidated or unliquidated, arising by operation of law or otherwise, and of all
agreements, documents and instruments evidencing any of the foregoing or under
which any of the foregoing may have been issued, created, assumed or guaranteed.
The term "Obligations" includes, without limitation, the obligations to pay
principal, breakage costs, interest (including, without limitation, interest
accruing after the commencement of any bankruptcy, insolvency, reorganization,
or similar proceedings with regard to the Grantor, whether or not determined to
be an allowed claim in any such proceeding), charges, costs, expenses and fees
including, without limitation, the disbursements and reasonable fees of counsel
to the Collateral Agent (but only to the extent such fees are incurred in
connection with the enforcement or prosecution of rights of the Secured Parties
hereunder or under the Note) and all renewals extensions, restructurings,
refinancings or refundings thereof in a nature of a "workout" or otherwise.

                  "Patents" means any United States or foreign patent to which
the Grantor now or hereafter have title and any divisions or continuations
thereof, as well as any application for a United States or foreign patent now or
hereafter made by the Grantor and any licenses with respect to any of the
foregoing.

                  "Person" means any natural person, corporation, division of a
corporation, limited liability company, partnership, trust, joint venture,
association, company, estate, unincorporated organization or government or any
agency or political subdivision thereof.

                  "Proceeds" has the meaning given to such term under Article 9
of the UCC and shall include, but not be limited to, (i) any and all proceeds of
any insurance, indemnity, warranty or guaranty with respect to the Collateral,
(ii) any or all payments made or due and payable to the Grantor from time to
time in connection with any requisition, confiscation, condemnation, seizure or
forfeiture of all or any part of the Collateral and (iii) any and all other
amounts paid or payable from time to time under or in connection with the
Collateral.

                  "Secured Parties" means collectively, the Investors (as
defined in the Purchase Agreement) and the Collateral Agent and, each of their
permitted successors, transferees and assigns.

                  "UCC" means the Uniform Commercial Code as in effect from time
to time in the State of New York.

                  Terms not otherwise defined herein or in the Loan Agreement
shall have, where appropriate, their respective definitions as set forth in the
UCC.

                  2. Grant of Security Interest. As security for the payment and
performance when due of the Obligations, the Grantor hereby grants to the
Collateral Agent, for its benefit and the ratable benefit of each other Secured
Party, and to each of the Secured Parties, a security interest in, and Lien on,
all of its right, title and interest in and to all of the Collateral.

                  3. Covenants of the Grantor. The Grantor hereby covenants and
agrees with the Collateral Agent that:

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                  (a) The Grantor shall not change its legal name or assume or
operate in any jurisdiction under any trade, fictitious or other name (other
than the name "Video Network Communications Inc.") unless (i) it shall have
given the Collateral Agent thirty (30) days' prior written notice of its
intention to do so which clearly describes such new name and the jurisdictions
in which such new name will be used and provides the Collateral Agent with any
other information in connection therewith as the Collateral Agent may reasonably
request and (ii) it shall have taken all actions reasonably requested by the
Collateral Agent to maintain the security interest granted to the Secured
Parties under this Security Agreement fully perfected;

                  (b) The Grantor shall not change its corporate structure or
its domicile of incorporation by redomiciliation, redomestication or otherwise
unless (i) it shall have given the Collateral Agent thirty (30) days' prior
written notice of its intention to do so which clearly describes such change and
identifies the new jurisdiction and provides the Collateral Agent with any other
information in connection therewith as the Collateral Agent may reasonably
request and (ii) it shall have taken all actions reasonably requested by the
Collateral Agent to maintain the security interest granted to the Collateral
Agent under this Security Agreement fully perfected; and

                  (c) The Grantor shall not establish any new location for its
chief executive office or the location of its books, records and other documents
relating to or evidencing Accounts or Intellectual Property unless (i) the
Grantor provides the Collateral Agent thirty (30) days prior written prior
written notice of its intention to move to such new location, clearly describing
such new location, and provides the Collateral Agent with any other information
in connection therewith as the Collateral Agent may reasonably request and (ii)
it shall have taken all actions reasonably requested by the Collateral Agent to
maintain the security interest granted to the Collateral Agent under this
Security Agreement fully perfected.

                  4. The Collateral Agent's Rights Exclusive of an Event of
Default. The Grantor hereby agrees to permit representatives of the Collateral
Agent, upon reasonable notice to the Grantor and during normal business hours,
to access its records in connection with the Collateral at such reasonable times
and as often as may be reasonably requested by the Collateral Agent. The
Collateral Agent, from time to time and at its option, may take any other action
which the Collateral Agent reasonably deems necessary for the maintenance or
preservation of any of the Collateral or its interests or any other Secured
Party's interest therein. The Collateral Agent shall have the right to designate
any officer, employee or attorney to execute, sign, endorse, assign, transfer or
deliver in the name of the Grantor, or in its name or the name of the other
Secured Parties, any documents or certificates necessary to evidence, perfect
and realize upon the security interest granted herein.

                  5. The Collateral Agent's Rights and Remedies Upon an Event of
Default.

                  (a) Collections, etc. Upon the occurrence and during the
continuance of an Event of Default, the Collateral Agent may, in its sole
discretion or at the direction of Secured Parties holding at least one-third in
principal amount of the Notes outstanding, in its name as Collateral Agent for

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the benefit of itself and the other Secured Parties, in the name of the Grantor
or otherwise, demand, sue for, collect or receive any money or property at any
time payable or receivable on account of or in exchange for, or make any
compromise or settlement deemed desirable with respect to the Collateral, but
shall be under no obligation so to do, or the Collateral Agent may extend the
time of payment, arrange for payment in installments, or otherwise modify the
terms of, or release any of the Collateral, without thereby incurring
responsibility to, or discharging or otherwise affecting any liability of the
Grantor. The Collateral Agent will not be required to take any steps to preserve
any rights against prior parties with rights in or to the Collateral. If the
Grantor fails to make any payment or to take any action required hereunder with
respect to the Collateral, the Collateral Agent may make such payments and take
all such actions as the Collateral Agent reasonably deems necessary to protect
the security interests of the Collateral Agent and the other Secured Parties in
the Collateral and/or the value thereof, and the Collateral Agent is hereby
authorized (without limiting the general nature of the authority hereinabove
conferred) to pay, purchase, contest or compromise any Liens which in the
judgment of the Collateral Agent appear to be equal to, prior to or superior to
the security interests of the Collateral Agent or the other Secured Parties in
the Collateral.

                  (b) Possession, Sale of Collateral, etc. Upon the occurrence
and during the continuance of an Event of Default, in addition to any rights and
remedies the Collateral Agent or the other Secured Parties may have under
Applicable Law, the Collateral Agent and the other Secured Parties shall have
all the rights and remedies available to it under the UCC, whether or not the
UCC applies to the Collateral. The Collateral Agent may take such measures as it
may deem necessary or proper for the care or protection of the Collateral
Agent's and the other Secured Parties' rights and remedies hereunder, including
the right to sell or cause to be sold, whenever the Collateral Agent shall
decide, or at the direction of Secured Parties holding at least one-third in
principal amount of the Notes outstanding, in one or more sales or parcels, at
such prices as the Collateral Agent may deem best, and for cash or on credit or
for future delivery, without assumption of any credit risk, all or any portion
of the Collateral, at any broker's board or at a public or private sale, without
any demand of performance or notice of intention to sell or of the time or place
of sale (except 10 days' written notice to the Grantor of the time and place of
any such sale or sales and such other notices as may be required by Applicable
Law and cannot be waived), and any Person may be the purchaser of all or any
portion of the Collateral so sold and thereafter hold the same absolutely, free
(to the fullest extent permitted by Applicable Law) from any claim or right of
whatever kind, including any equity of redemption, of the Grantor, any such
demand, notice, claim, right or equity being hereby expressly waived and
released to the fullest extent permitted by Applicable Law. At any sale or sales
made pursuant to this Section 5(b), the Collateral Agent or any other Secured
Party may bid for or purchase, free (to the fullest extent permitted by
Applicable Law) from any claim or right of whatever kind, including any equity
of redemption, of the Grantor any such demand, notice, claim, right or equity
being hereby expressly waived and released, any part of or all of the Collateral
offered for sale, and may make any payment on account thereof by using any claim
for moneys then due and payable to the Collateral Agent or such other Secured
Party, as applicable, by the Grantor hereunder as a credit against the purchase
price. Neither the Collateral Agent nor any other Secured Party shall in any
such sale make representations or warranties with respect to the Collateral or
any part thereof, and neither the Collateral Agent nor any other Secured Party
shall be chargeable with any of the obligations or liabilities of the Grantor.
The Grantor hereby agrees (i) that it will indemnify and hold the Collateral
Agent and the other Secured Parties harmless from and against any and all claims

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with respect to the Collateral asserted before the taking control of the
relevant Collateral by the Collateral Agent pursuant to this Section 5(b), or
arising out of any act of, or omission to act on the part of, any Person (other
than the Collateral Agent or any other Secured Party) prior to such taking of
actual possession or control by the Collateral Agent, or arising out of any act
on the part of the Grantor or their respective agents before or after the
commencement of such actual possession or control by the Collateral Agent; and
(ii) the Collateral Agent and the other Secured Parties shall have no liability
or obligation to the Grantor arising out of any such claim except for acts of
willful misconduct or gross negligence or not taken in good faith. In any action
hereunder, the Collateral Agent shall be entitled to the appointment of a
receiver, without notice, to take possession of all or any portion of the
Collateral and to exercise such powers as the court shall confer upon the
receiver. Notwithstanding the foregoing, upon the occurrence and during the
continuation of an Event of Default, the Collateral Agent shall be entitled to
apply, without prior notice to the Grantor, except as may be required by
Applicable Law, any cash or cash items constituting Collateral in the possession
of the Collateral Agent to payment of the Obligations then due and payable. Any
such application by the Collateral Agent shall be made in accordance with
Section 5 (b) of this Agreement.

                  (c) Notification to Account Debtors. Upon the occurrence and
during the continuance of an Event of Default, the Collateral Agent (i) shall
notify each other Secured Party of such Event of Default and (ii) may notify any
Persons in any way liable on any Accounts to make remittances to the Collateral
Agent of all sums due or to become due thereon and to collect and enforce
payment of all Accounts directly from the Persons liable thereon, by legal
proceedings or otherwise, and generally exercise all of the Grantor's rights and
remedies with respect to collection thereof.

                  (d) Application of Proceeds. The Grantor further agrees that
the Collateral Agent may apply any proceeds from the disposition of any of the
Collateral (i) first towards payment of any costs, fees and expenses accrued but
unpaid of the Collateral Agent included within the Obligations, (ii) second
towards payment of interest on the Notes, and (iii) third towards payment of
principal of the Notes. In the case of payments made by the Collateral Agent
pursuant to (ii) or (ii) of the preceding sentence, such payments shall be made
ratably to the Collateral Agent and each other Secured Party in proportion to
the principal amount of Notes held by the Collateral Agent and each such Secured
Party.

                  (e) Power of Attorney. Upon the occurrence and during the
continuance of an Event of Default (i) the Grantor does hereby irrevocably make,
constitute and appoint the Collateral Agent or any of its officers or designees
its true and lawful attorney-in-fact with full power in the name of the
Collateral Agent or such other Person to endorse any notes, checks, drafts,
money orders or other evidences of payment relating to the Collateral that may
come into the possession of the Collateral Agent, and to do any and all other
acts necessary or proper to carry out the intent of this Security Agreement and
the grant of the security interests hereunder, and the Grantor hereby ratifies
and confirms all acts that the Collateral Agent or its substitute shall properly
do by virtue hereof and (ii) the Grantor hereby further irrevocably makes,
constitutes and appoints the Collateral Agent or any of its officers or
designees its true and lawful attorney-in-fact in the name of the Collateral

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Agent, for the Collateral Agent's benefit and for the ratable benefit of each
other Secured Party, or Grantor's name (A) to enforce all of Grantor's rights
under and pursuant to all agreements with respect to the Collateral, all for the
ratable benefit of the Collateral Agent and each other Secured Party, (B) to
enter into and perform such agreements as may be necessary in order to carry out
the terms, covenants and conditions of this Security Agreement that are required
to be observed or performed by Grantor, (C) to execute such other and further
mortgages, pledges and assignments of the Collateral, and related instruments or
agreements, as the Collateral Agent may reasonably require for the purpose of
perfecting, protecting, maintaining or enforcing the security interests granted
to the Collateral Agent and the other Secured Parties, and (D) to do any and all
other things necessary or proper to carry out the intention of this Security
Agreement and the grant of the security interests hereunder and the Grantor
hereby ratifies and confirms in advance all that the Collateral Agent as such
attorney-in-fact or its substitute shall properly do by virtue of this power of
attorney.

                  6. Financing Statements, etc. The Grantor hereby authorizes
the Collateral Agent to file financing statements and any amendments thereto or
continuations thereof and any other appropriate security documents or
instruments, and to give any notices reasonably necessary or desirable to
perfect the Lien and security interests of the Collateral Agent and the other
Secured Parties in the Collateral.

                  7. Further Assurances.

                  (a) The Grantor agrees that it will from time to time, on
request of the Collateral Agent and at its own cost and expense: (i) duly and
promptly execute and deliver, or cause to be duly executed and delivered, any
and all further instruments as may be appropriate in the reasonable judgment of
the Collateral Agent to carry out the provisions and purposes of this Security
Agreement, including, without limitation, a copyright security agreement, a
patent and trademark security agreement and account control agreements; (ii)
duly and promptly execute and deliver, or cause to be executed and delivered,
such further instruments as may be appropriate in the reasonable judgment of the
Collateral Agent, to provide the Collateral Agent and the other Secured Parties
with a perfected Lien in the Collateral and any and all documents (including,
without limitation, the execution, amendment or supplementation of any financing
statement and continuation statement or other statement) for filing under the
provisions of the Uniform Commercial Code of any jurisdiction and the rules and
regulations thereunder, or any Applicable Law of the United States or any other
jurisdiction which the Collateral Agent may deem reasonably necessary or
advisable, and perform or cause to be performed such other ministerial acts
which are necessary or advisable, from time to time, in order to grant and
maintain in favor of the Collateral Agent and the other Secured Parties the Lien
and security interest in the Collateral contemplated hereunder; and (iii)
promptly undertake to deliver or cause to be delivered to the Collateral Agent
from time to time, such other documentation, consents, authorizations and
approvals in form and substance reasonably satisfactory to the Collateral Agent,
as the Collateral Agent shall deem reasonably necessary or advisable to perfect
or maintain the Liens of the Collateral Agent or any other Secured Party.

                  (b) The Grantor hereby agrees to pay any and all stamp,
registration, recordation and similar taxes, fees or charges, reasonable fees
and expenses of the Collateral Agent's counsel and of any agents therefor and to
indemnify the Collateral Agent and each other Secured Party and each of their
agents against any and all liabilities with respect to or resulting from any
delay in the payment or omission to pay any such taxes, fees or charges, which

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may be payable or determined to be payable in connection with the execution,
delivery, performance or enforcement of this Security Agreement and any other
document or instrument executed in connection herewith or the perfection of any
rights or security interests hereunder.

                  8. Notices. If any notification of intended disposition of any
of the Collateral or of any other act by the Collateral Agent is required by law
and a specific time period is not stated therein or herein, such notification
given at least ten (10) days before such disposition or act shall be deemed
reasonably and properly given. Notices and other communications provided for
herein shall be in the manner and at the addresses set forth in, and otherwise
in accordance with the Purchase Agreement.

                  9. Non-Waiver of Rights and Remedies. No delay or failure on
the part of the Collateral Agent or any other Secured Party in the exercise of
any right or remedy shall operate as a waiver thereof, no single or partial
exercise by the Collateral Agent or any other Secured Party of any right or
remedy shall preclude other or further exercises thereof or the exercise of any
other right or remedy and no course of dealing between the parties shall operate
as a waiver of any right or remedy of the Collateral Agent or any other Secured
Party. All remedies hereunder are cumulative and are not exclusive of any other
remedies provided by law.

                  10. Termination. The security interests granted hereunder
shall terminate when all the Obligations under each of the Notes have been fully
and indefeasibly paid and performed. At such time and upon request by the
Grantor, and at the sole expense of the Grantor, the Collateral Agent and any
other Secured Party, if necessary, shall take all reasonable action and do all
things reasonably necessary, including executing UCC termination statements, to
terminate the security interest granted to it or to any other Secured Party
hereunder (without representation or warranty by the Collateral Agent or any
other Secured Party of any nature whatsoever and wholly without recourse to the
Collateral Agent or any other Secured Party).

                  11. Governing Law. This Security Agreement shall be governed
by, and construed and enforced in accordance with, the laws of the State of New
York applicable to contracts to be fully performed within the State of New York.

                  12. WAIVER OF JURY TRIAL. TO THE EXTENT NOT PROHIBITED BY
APPLICABLE LAW WHICH CANNOT BE WAIVED, THE GRANTOR HEREBY WAIVES, AND COVENANTS
THAT IT WILL NOT ASSERT (WHETHER AS PLAINTIFF, DEFENDANT OR OTHERWISE), ANY
RIGHT TO TRIAL BY JURY IN ANY FORUM IN RESPECT OF ANY ISSUE, CLAIM, DEMAND,
ACTION, OR CAUSE OF ACTION ARISING OUT OF OR BASED UPON THIS SECURITY AGREEMENT
OR THE SUBJECT MATTER HEREOF OR ANY OTHER CREDIT DOCUMENT, IN EACH CASE WHETHER
NOW EXISTING OR HEREAFTER ARISING OR WHETHER IN CONTRACT OR TORT OR OTHERWISE.
THE GRANTOR ACKNOWLEDGES THAT IT HAS BEEN INFORMED BY THE COLLATERAL AGENT AND
EACH OTHER SECURED PARTY THAT THE PROVISIONS OF THIS SECTION 12 CONSTITUTE A
MATERIAL INDUCEMENT UPON WHICH THE COLLATERAL AGENT AND EACH OTHER SECURED PARTY
HAS RELIED, IS RELYING AND WILL RELY IN ENTERING INTO THIS SECURITY AGREEMENT
AND THE OTHER CREDIT DOCUMENTS. THE COLLATERAL AGENT AND EACH OTHER SECURED

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PARTY MAY FILE AN ORIGINAL COUNTERPART OR A COPY OF THIS SECTION WITH ANY COURT
AS WRITTEN EVIDENCE OF THE CONSENT OF THE GRANTOR TO THE WAIVER OF THEIR RIGHTS
TO TRIAL BY JURY.

                  13. SERVICE OF PROCESS. THE GRANTOR HEREBY IRREVOCABLY SUBMITS
ITSELF TO THE JURISDICTION OF THE STATE COURTS OF THE STATE OF NEW YORK IN NEW
YORK COUNTY AND TO THE JURISDICTION OF THE UNITED STATES DISTRICT COURT FOR THE
SOUTHERN DISTRICT OF NEW YORK, FOR THE PURPOSES OF ANY SUIT, ACTION OR OTHER
PROCEEDING ARISING OUT OF OR BASED UPON THIS SECURITY AGREEMENT OR THE SUBJECT
MATTER HEREOF BROUGHT BY THE COLLATERAL AGENT OR ANY OTHER SECURED PARTY OR ANY
OF EACH OF THEIR RESPECTIVE SUCCESSORS OR ASSIGNS. THE GRANTOR, TO THE EXTENT
PERMITTED BY APPLICABLE LAW, (A) HEREBY WAIVES, AND AGREES NOT TO ASSERT, BY WAY
OF MOTION, AS A DEFENSE, OR OTHERWISE, IN ANY SUCH SUIT, ACTION OR PROCEEDING,
ANY CLAIM THAT IT IS NOT SUBJECT PERSONALLY TO THE JURISDICTION OF THE
ABOVE-NAMED COURTS, THAT ITS PROPERTY IS EXEMPT OR IMMUNE FROM ATTACHMENT OR
EXECUTION, THAT THE SUIT, ACTION OR PROCEEDING IS BROUGHT IN AN INCONVENIENT
FORUM, THAT THE VENUE OF THE SUIT, ACTION OR PROCEEDING IS IMPROPER OR THAT THIS
SECURITY AGREEMENT OR THE SUBJECT MATTER HEREOF MAY NOT BE ENFORCED IN OR BY
SUCH COURT, AND (B) HEREBY WAIVES THE RIGHT TO ASSERT IN ANY SUCH ACTION, SUIT
OR PROCEEDING ANY OFFSETS OR COUNTERCLAIMS EXCEPT COUNTERCLAIMS THAT ARE
COMPULSORY. THE GRANTOR HEREBY CONSENTS TO SERVICE OF PROCESS BY MAIL AT THE
ADDRESS TO WHICH NOTICES ARE TO BE GIVEN PURSUANT TO SECTION 8 HEREOF. THE
GRANTOR AGREES THAT ITS SUBMISSION TO JURISDICTION AND CONSENT TO SERVICE OF
PROCESS BY MAIL IS MADE FOR THE EXPRESS BENEFIT OF THE COLLATERAL AGENT, FOR
ITSELF AND THE RATABLE BENEFIT OF EACH OTHER SECURED PARTY, AND FOR THE EXPRESS
BENEFIT OF EACH OTHER SECURED PARTY. FINAL JUDGMENT AGAINST A GRANTOR IN ANY
SUCH ACTION, SUIT OR PROCEEDING SHALL BE CONCLUSIVE, AND MAY BE ENFORCED IN ANY
OTHER JURISDICTION (A) BY SUIT, ACTION OR PROCEEDING ON THE JUDGMENT, A
CERTIFIED OR TRUE COPY OF WHICH SHALL BE CONCLUSIVE EVIDENCE OF THE FACT AND OF
THE AMOUNT OF INDEBTEDNESS OR LIABILITY OF THE GRANTOR THEREIN DESCRIBED OR (B)
IN ANY OTHER MANNER PROVIDED BY OR PURSUANT TO THE LAWS OF SUCH OTHER
JURISDICTION, PROVIDED, HOWEVER, THAT THE COLLATERAL AGENT OR ANY OTHER SECURED
PARTY MAY AT ITS OPTION BRING SUIT, OR INSTITUTE OTHER JUDICIAL PROCEEDINGS
AGAINST ANY GRANTOR OR ANY OF ITS ASSETS IN ANY STATE OR FEDERAL COURT OF THE
UNITED STATES OR OF ANY COUNTRY OR PLACE WHERE THE GRANTOR OR SUCH ASSETS MAY BE
FOUND.

                  14. Severability. This Security Agreement shall be interpreted
in such manner as to be effective and valid under Applicable Law, but if any
provision of this Security Agreement shall be prohibited by or invalidated under
Applicable Law, such provision shall be ineffective to the extent of such
prohibition or invalidity, without invalidating the remainder of such provision

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or the remaining provisions of this Security Agreement and the parties hereto
agree to negotiate in good faith a provision to replace the ineffective
provision, such provision to be as similar in effect and intent to the
ineffective provision as permissible.

                  15. Continuation and Reinstatement. This Security Agreement
shall remain in full force and effect and continue to be effective in the event
any petition is filed by or against any of the Grantor for liquidation or
reorganization, or in the event any of the Grantor becomes insolvent or makes an
assignment for the benefit of creditors or in the event a receiver or trustee is
appointed for all or any significant part of a Grantor's assets, and shall
continue to be effective or be reinstated, as the case may be, if at any time
payment and performance of the Obligations, or any part thereof, is, pursuant to
Applicable Law, rescinded or reduced in amount, or must otherwise be restored or
returned by the Collateral Agent or any other Secured Party, whether as a
"voidable preference," "fraudulent conveyance," or otherwise, all as though such
payment or performance had not been made. In the event that any payment, or any
part thereof, is rescinded, reduced, restored or returned, the Obligations shall
be reinstated and deemed reduced only by such amount paid and not so rescinded,
reduced, restored or returned.

                  16. Amendment. No amendment, modification or waiver of any
provision of this Security Agreement or consent to any departure herefrom shall
be effective, irrespective of any course of dealing, unless the same shall be in
writing and signed by the Collateral Agent and by each other Secured Party
effected by such amendment, modification or waiver.

                  17. Successors and Assigns. All references herein to any of
the parties to this Security Agreement shall be deemed to include the successors
and assigns of such party; provided, however, that the Grantor may not assign
any of their rights or obligations hereunder without the prior written consent
of the Collateral Agent and Secured Parties holding a majority in principal
amount of the Notes, and all covenants, promises and agreements by or on behalf
of the Grantor which are contained herein shall inure to the benefit of the
successors and assigns of the Collateral Agent, as itself and for the ratable
benefit of each other Secured Party, and to the successors and assigns of each
other Secured Party.

                  18. Remedies Not Exclusive. The remedies conferred upon or
reserved to the Collateral Agent or any other Secured Party in this Security
Agreement are intended to be in addition to, and not in limitation of, any other
remedy or remedies available to the Collateral Agent or any other Secured Party.
Without limiting the generality of the foregoing, the Collateral Agent and each
other Secured Party shall have all rights and remedies of a secured party under
Article 9 of the UCC, the Uniform Commercial Code in effect in any jurisdiction
or any other Applicable Law.

                  19. Counterparts. This Security Agreement may be executed in
any number of counterparts, each of which when so executed and delivered shall
constitute an original for all purposes, but all such counterparts taken
together shall constitute the same instrument.
                  20. Collateral Agent.

                  (a) The powers conferred on the Collateral Agent hereunder are
solely to protect its interest (on behalf of the Secured Parties) in the
Collateral and shall not impose any duty on it (or them) to exercise any such

                                       10
<PAGE>
powers. Except for reasonable care of any Collateral in its possession and the
accounting for moneys actually received by it hereunder, the Collateral Agent
shall have no duty as to any Collateral or responsibility for (i) ascertaining
or taking action with respect to calls, conversions, exchanges, maturities,
tenders or other matters relative to any investment property, whether or not the
Collateral Agent has or is deemed to have knowledge of such matters, or (ii)
taking any necessary steps to preserve rights against prior parties or any other
rights pertaining to any Collateral.

         (b) The Collateral Agent is required to exercise reasonable care in the
custody and preservation of any of the Collateral in its possession; provided,
however, that the Collateral Agent shall be deemed to have exercised reasonable
care in the custody and preservation of any of the Collateral, if it takes such
action for that purpose as Secured Parties holding a majority in principal
amount of the Notes reasonably request in writing, but failure of the Collateral
Agent to comply with any such request shall not in itself be deemed a failure to
exercise reasonable care.

         IN WITNESS WHEREOF, each of the Grantor, the Collateral Agent and the
Secured Parties have caused this Security Agreement to be duly executed as of
the day and year first above written.

                                            GRANTOR:

                          TALKPOINT COMMUNICATIONS INC.

                          By:      /s/ Nicholas Balletta
                                   -------------------------------
                                   Name: Nicholas Balletta
                                   Title: Chief Executive Officer

                         COLLATERAL AGENT: on behalf of himself and the other
                         Secured Parties.

                                          /s/ Michael A. Collado
                                          ----------------------
                                              Michael A. Collado

                                       11DISTRIBUTION AGREEMENT

         This DISTRIBUTION AGREEMENT (this "Agreement") is entered into
effective as of the 17th day of October, 2003 (the "Effective Date"), by and
between TalkPoint Communications Inc., a Delaware corporation ("TalkPoint"), and
Moneyline Networks, LLC, a Delaware limited liability company ("Moneyline"; and
together with TalkPoint, the "Parties").

          WHEREAS, concurrently with the execution of this Agreement, the
Parties and certain third party investors (the "Investors") are entering into a
purchase and subscription agreement (the "Purchase Agreement") dated as of the
date hereof pursuant to which the Investors will make a cash investment in
TalkPoint in exchange for, among other things, a portion of the shares (the
"Shares") of TalkPoint common stock currently held by Moneyline; and

         WHEREAS, in connection with the above-described transfer by Moneyline
of the Shares and for good and valuable consideration exchanged in connection
herewith, the receipt and sufficiency of which are hereby acknowledged by the
Parties, TalkPoint wishes to provide, and Moneyline wishes to receive, certain
distribution and license rights with respect to TalkPoint's products on the
terms and conditions set forth in this Agreement.

         NOW THEREFORE, the Parties agree as follows:

                                   ARTICLE I.
                                   DEFINITIONS

Section 1.1 Definitions. The definitions for the defined terms used in this
Agreement are contained in either the Glossary that is attached to this
Agreement as Appendix A or in the body of this Agreement.

                                  ARTICLE II.
                       DISTRIBUTIONS OF TALKPOINT PRODUCTS

Section 2.1       Distributor Relationship.

         TalkPoint hereby appoints Moneyline as its authorized distributor of
the TalkPoint Products to customers worldwide on the terms set forth in this
Agreement, provided however that Moneyline shall have no right to appoint any
subdistributor or to assign any of its rights hereunder (except in accordance
with Section 9.3 below).

        (i) Except as otherwise provided herein, Moneyline shall be the
exclusive distributor of TalkPoint Products (including as to TalkPoint itself)
to customers (other than the Existing TalkPoint Customers as such term is
defined in Appendix A annexed hereto) in the Financial Services Industry.

        (ii) MoneyLine shall be entitled to distribute on a non-exclusive basis
TalkPoint Products to the Existing TalkPoint Customers. In connection therewith,
TalkPoint and Moneyline shall coordinate their efforts and strategies with
respect to the Existing TalkPoint Customers, including, but not limited to, with
respect to account management, sales and pricing proposals and the
implementation of the foregoing and marketing efforts. Moneyline acknowledges
that TalkPoint shall maintain primary responsibility for supervising and
directing such efforts and strategies.

                                       1
<PAGE>

        (iii) Moneyline will use commercially reasonable best efforts to market
the TalkPoint Products to the Financial Services Industry. Moneyline will be
deemed to have satisfied the foregoing obligation by meeting the threshold
described in Section 4.4 below. Moneyline makes no representations or
commitments regarding the volume of TalkPoint Products to be distributed under
this Agreement.

        Section 2.2       Orders for TalkPoint Products.

        (i) The Parties acknowledge that orders from Moneyline's customers for
TalkPoint Products ("Customer Orders") may be in the form of purchase orders or
other written agreements or may be in electronic form submitted by the customer
through a web browser interface; provided, however, that all such forms of
purchase orders or other agreements and all forms of electronic orders shall be
subject to TalkPoint's prior written approval.

        (ii) The Parties will agree in writing on procedures regarding: (A)
tracking of Customer Orders, (B) fulfillment of Customer Orders, and (C) billing
to and collection from Moneyline's customers in connection with the Customer
Orders as well as returns and refunds.

        (iii) Unless otherwise agreed by the Parties in writing, TalkPoint will
provide the TalkPoint Products directly to Moneyline's customers in accordance
with the delivery date and other terms of the applicable Customer Order.

        (iv) TalkPoint will be responsible for providing customer service and
support to the Moneyline's customers in accordance with TalkPoint's standard
policies or as may otherwise be agreed by the Parties in writing.

        (v) Unless otherwise agreed by the Parties in writing and subject to
Moneyline's accounting policies, all revenue generated from Customer Orders will
constitute revenue of Moneyline excluding customer orders placed to TalkPoint by
Existing TalkPoint Customers.

        Section 2.3       Branding.

        (i) The TalkPoint Products sold by Moneyline at Moneyline's option will
contain TalkPoint or Moneyline branding. At Moneyline's request, TalkPoint will
cooperate with Moneyline in creating Moneyline-branded versions of the TalkPoint
Products.

        (ii) In addition, Moneyline may sell private-labeled versions of the
TalkPoint Products that contain customer branding. TalkPoint will be responsible
for creating such private-labeled versions in accordance with the applicable
Customer Orders.

        Section 2.4       Bundling of TalkPoint Products.

         Moneyline may sell the TalkPoint Products bundled with Moneyline or
third party products and services; provided, however, that to the extent that

                                       2
<PAGE>
such TalkPoint Products are bundled, no source codes will be disclosed or
bundled. TalkPoint shall provide to the extent reasonably requested by Moneyline
development and other services to bundle, embed, and integrate TalkPoint
Products with such other products and services and Moneyline shall reimburse
TalkPoint on a time and materials basis.

                                  ARTICLE III.
                               PRICING AND PAYMENT

        Section 3.1       Price to Parties for TalkPoint Products.

         The Parties will agree in writing on the prices to be charged by
TalkPoint to Moneyline in connection with the provision of TalkPoint Products to
Moneyline's customers.

        Section 3.2       Payment.

         Unless otherwise agreed by the Parties in writing, Moneyline will pay
TalkPoint for all TalkPoint Products provided to Moneyline's customers within
forty-five (45) days of receipt of TalkPoint's invoice. Overdue payments will
accrue interest, at the lesser of one percent (1%) per month or the maximum
allowable interest under applicable law, from due date until paid. All payments
will be made in U.S. dollars.

                                  ARTICLE IV.
                              TERM AND TERMINATION

        Section 4.1       Term.

         The initial term of this Agreement will begin on the Effective Date and
will end on May 16, 2012. Upon expiration of the initial term and any additional
term this Agreement shall automatically renew for additional two (2) year terms,
unless terminated as of the end of any term by either Party by written notice to
the other Party at least ninety (90) days prior to the expiration of the initial
term, or any additional term hereof.

        Section 4.2       Termination.

        (i) After January 1, 2005, Moneyline may terminate this Agreement for
any reason or no reason at all upon ninety (90) days prior, written notice to
TalkPoint.

        (ii) If either Party shall breach any material term or condition of this
Agreement and such breach shall not have been cured within ten (10) days after
written notice thereof shall have been given to the breaching Party, the Party
giving such notice may then give further written notice to such other Party
terminating this Agreement, in which event this Agreement and rights granted
hereunder shall terminate on the date specified in such further notice.

        Section 4.3       Survival.

                                       3
<PAGE>
         Section 3.2, Article 5 ("Intellectual Property"), Article 6
("Representations and Warranties"), Article 7 ("Indemnification"), Article 8
("Liability") and Article 9 ("Miscellaneous") shall survive any termination or
expiration of this Agreement.

         Section 4.4 Termination of Exclusivity. If the average monthly revenues
received by TalkPoint on account of sales of TalkPoint Products as a result of
Customer Orders from Moneyline's customers during October, November and December
of any year (commencing 2004) are less than $100,000, the exclusive rights
granted under Section 2.1(i) shall become nonexclusive unless Moneyline pays
TalkPoint $300,000 less the revenue received for such three month period within
thirty (30) days after TalkPoint has given written notice of the shortfall to
Moneyline.

                                   ARTICLE V.
                              INTELLECTUAL PROPERTY

        Section 5.1       Ownership of Intellectual Property.

         Moneyline acknowledges that the TalkPoint Products may incorporate
Intellectual Property of TalkPoint and its licensors. Nothing in this Agreement
constitutes a transfer of ownership of the Intellectual Property of either
Party.

        Section 5.2       Licensing of Intellectual Property.

         Effective upon occurrence of a License Trigger Event, TalkPoint will
grant Moneyline, subject to any licenses, (other than with respect to the
Financial Services Industries) granted by TalkPoint which are then in effect, a
non-exclusive, paid up, royalty-free, perpetual, worldwide, irrevocable license,
with the right to sublicense, under all Intellectual Property then owned by
TalkPoint or to which TalkPoint otherwise has the right to grant licenses, to
make, have made, sell, offer to sell, copy, modify, distribute and otherwise use
the TalkPoint Products.

        Section 5.3       Source Code Escrow.

         Promptly after the execution of this Agreement by both Parties,
TalkPoint and Moneyline will enter into an escrow agreement ("Escrow Agreement")
with DSI Technology Escrow Services, Inc. or such other escrow agent as may be
agreed upon by the Parties (the "Escrow Agent"). The Escrow Agreement shall
provide that TalkPoint will place a copy of the source code for any software
included in the TalkPoint Products (the "Source Code") into an escrow account to
be administered by the Escrow Agent. TalkPoint will use commercially reasonable
efforts to update the Source Code subject to Escrow with the source code for any
new versions, bug fixes or other modifications made to the Source Code.
TalkPoint and Moneyline shall each pay fifty percent (50%) of all fees charged
by the Escrow Agent. The Escrow Agreement shall also provide that Escrow Agent
will release the Source Code in its entirety (i) to Moneyline upon occurrence of
a License Trigger Event and (ii) to TalkPoint upon the termination of this
Agreement or the end of the term, whichever occurs first. Upon any release,
Moneyline shall have rights to use the Source Code pursuant to the license
granted under Section 5.2 above.

                                       4
<PAGE>

        Section 5.4       License to TalkPoint Marks.

         TalkPoint hereby grants Moneyline a non-exclusive, paid up,
royalty-free, worldwide, irrevocable license to use the trademarks and services
marks under which the TalkPoint Products are sold by TalkPoint (the "TalkPoint
Marks") in advertising and marketing materials and on Moneyline's web site for
the purpose of marketing the TalkPoint Products during the term of this
Agreement.

                                  ARTICLE VI.
                         REPRESENTATIONS AND WARRANTIES

        Section 6.1       Mutual Representations and Warranties.

         Each Party hereby represents and warrants that: (i) it has the power
and authority to enter into this Agreement and perform its obligations
hereunder; (ii) the execution and delivery of this Agreement have been duly
authorized and all necessary actions have been taken to make this Agreement a
legal, valid and binding obligation of such Party enforceable in accordance with
its terms; and (iii) the execution and delivery of this Agreement and the
performance by such Party of its obligations hereunder will not contravene or
result in any breach of the Certificate of Incorporation, Bylaws, certificate of
formation or operating agreement of such Party or of any agreement, indenture,
license, instrument or understanding or, to the best of its knowledge, result in
any violation of law, rule, regulation, statute, order or decree to which such
Party is bound or by which they or any of their property is subject.

        Section 6.2       TalkPoint Product Warranties.

         TalkPoint will notify Moneyline in writing of the standard product
warranties offered by TalkPoint to its customers in connection with the sale of
TalkPoint Products and of any changes to such warranties as may be made by
TalkPoint from time to time. Moneyline may pass such warranty on to its
customers who purchase TalkPoint Products. Moneyline will notify TalkPoint of
any claims received from its customers under such warranties, and TalkPoint will
be solely responsible for processing and honoring such claims and will indemnify
Moneyline in connection therewith.

                                  ARTICLE VII.
                                 INDEMNIFICATION

        Section 7.1       Indemnity by TalkPoint.

         TalkPoint shall indemnify, defend and hold harmless Moneyline and its
Affiliates and their respective officers, directors and employees (collectively,
the "Moneyline Indemnitees") from and against any claims, actions, causes of
action, loss, cost or liability (including reasonable attorneys' fees) with
respect to any third party claim to the extent: (i) arising from the provision
or use of any TalkPoint Product, including but not limited to any claims
associated with the failure to provide the TalkPoint Products in accordance with
the terms of a Customer Order, any product liability claims associated with the
TalkPoint Products, any claims associated with the transmission failures or
delays caused by or associated with the TalkPoint Products, and any claims
associated with any viruses or security holes caused by or associated with the
TalkPoint Products, (ii) asserting that any TalkPoint Product infringes or
misappropriates any Intellectual Property of any third party, or (iii) arising
from the negligent or willful misconduct of TalkPoint.

                                       5
<PAGE>
        Section 7.2       Indemnity by Moneyline.

         Moneyline shall indemnify, defend and hold harmless TalkPoint and its
Affiliates and their respective officers, directors and employees (collectively,
the "TalkPoint Indemnitees") from and against any claims, actions, causes of
action, loss, cost or liability (including reasonable attorneys' fees) with
respect to any third party claim to the extent arising from the negligent or
willful misconduct of Moneyline.

        Section 7.3       Indemnity Procedures.

         If any claim or action is asserted that would entitle a Moneyline
Indemnitee or TalkPoint Indemnitee (each, an "Indemnitee") to indemnification
under either of the foregoing Sections 7.1 and 7.2 (a "Proceeding"), the
Indemnitee will give written notice thereof to the Party from whom
indemnification is sought (the "Indemnitor") promptly (and in any event within
fifteen (15) calendar days after the service of the citation or summons);
provided that the failure of the Indemnitee to give timely notice hereunder will
not affect rights to indemnification hereunder, except to the extent that
Indemnitor demonstrates actual damage caused by such failure. Indemnitor may
elect to direct the defense or settlement of any such Proceeding by giving
written notice to the Indemnitee, which election will be effective immediately
upon receipt by the Indemnitee of such written notice of election. The
Indemnitor will have the right to employ counsel reasonably acceptable to the
Indemnitee to defend any such Proceeding, or to compromise, settle or otherwise
dispose of the same, if the Indemnitor deems it advisable to do so, all at the
expense of the Indemnitor; provided that the Indemnitor shall not settle, or
consent to any entry of judgment in, any Proceeding without obtaining either:
(i) an unconditional release of the Indemnitee (and its Affiliates and each of
their respective officers, directors and employees) from all liability with
respect to all claims underlying such Proceeding; or (ii) the prior written
consent of the Indemnitee. An Indemnitee will not settle, or consent to any
entry of judgment, in any Proceeding without obtaining the prior written consent
of the Indemnitor. The Parties will fully cooperate with each other in any such
Proceeding and shall make available to each other any books or records useful
for the defense of any such Proceeding.

                                 ARTICLE VIII.
                                    LIABILITY

        Section 8.1       Exclusion of Certain Damages.

         EXCEPT WITH RESPECT TO EITHER PARTY'S INDEMNITY OBLIGATIONS UNDER
ARTICLE 7 OF THIS AGREEMENT, IN NO EVENT AND NOTWITHSTANDING THE NATURE OF THE
LEGAL CLAIM, BE IT A CLAIM IN TORT, CONTRACT, BREACH OF WARRANTY, STRICT
LIABILITY, PRODUCT LIABILITY, NEGLIGENCE, OR OTHERWISE, SHALL EITHER PARTY BE
LIABLE TO THE OTHER PARTY FOR ANY SPECIAL, CONSEQUENTIAL, INCIDENTAL OR INDIRECT
DAMAGES, WHETHER OR NOT SUCH DAMAGES ARE REASONABLY FORESEEABLE, INCLUDING,
WITHOUT LIMITATION, A CLAIM FOR LOSS OF PROFIT, LOSS OF USE, LOSS OF GOODWILL,
LOSS OF OPPORTUNITY, OR OTHERWISE, HOWEVER CAUSED.

                                       6
<PAGE>

                                  ARTICLE IX.
                                  MISCELLANEOUS

        Section 9.1       Relationship with Other Agreements.

                (i) The Parties agree that the Strategic Alliance Agreement and
the Technology License Agreements shall remain in effect in accordance with
their terms subject to Section 9.1(ii).

                (ii) In the event of any conflict between this Agreement and the
Strategic Alliance Agreement, this Agreement will control. In the event of any
conflict between this Agreement and either of the Technology License Agreements,
this Agreement will control.

                (iii) In the event of any termination or expiration of the
Strategic Alliance Agreement, the Managed Video Services and the Video Equipment
shall thereafter be deemed to be TalkPoint Products for the purposes of this
Agreement.

        Section 9.2       Relationship of the Parties.

         Each Party is an independent contractor of the other Party. Nothing in
this Agreement creates a partnership, joint venture or agency relationship
between the Parties.

        Section 9.3       Successors and Assigns

         None of the rights or obligations of either Party hereto may be
assigned or otherwise transferred without the written consent of the other
Party, which consent shall not be unreasonably delayed or denied .
Notwithstanding the foregoing, either Party may assign this Agreement (a) to a
person or entity who acquires substantially all of its business by sale, merger
or otherwise; or (b) to an Affiliate. The rights and obligations of the Parties
hereto shall be binding on and inure to the benefit of its successors and
permitted assigns.

        Section 9.4 Governing Law. This Agreement shall be governed, construed,
and interpreted in accordance with the laws of the State of New York without
regard to conflicts of law principles.

        Section 9.5 Dispute Resolution. The Parties will resolve any dispute
that arises from this Agreement in accordance with the procedures set forth in
this Section. The Parties will first attempt in good faith to resolve the
dispute by negotiations (including, if necessary, by at least one in-person
meeting of representatives of the Parties). If the dispute has not been resolved
within thirty (30) days of the first in-person meeting (or within such longer
period that may be agreed upon by the Parties), then the dispute will be
resolved by binding arbitration in accordance with the Commercial Arbitration
Rules of the American Arbitration Association using expedited procedures by a
single arbitrator selected in accordance with the applicable rules as provided
above (provided, however, that the Parties will have the right to seek
preliminary injunctive relief, if appropriate, in a court of competent

                                       7
<PAGE>
jurisdiction). The arbitration will take place in New York, New York or such
other place as may be mutually agreed upon by the Parties. Any decision or award
resulting from the arbitration will be final and binding on the Parties and
judgment thereon may be entered in any court having jurisdiction thereof.

        Section 9.6 Notices. All notices under this Agreement will be sent by
hand delivery, overnight delivery service or certified or registered mail, or by
facsimile (promptly confirmed by dispatching the hard copy by hand delivery,
overnight delivery service or certified or registered mail) to the address of
the applicable party set forth below (or as otherwise notified by such party).
Notices will be deemed delivered upon receipt of signature or, in the case of
notice by facsimile, upon telephonic confirmation of receipt of the appropriate
number of pages and dispatch of the hard copy.

                  If to Moneyline:

                  Moneyline Networks, LLC
                  The Woolworth Building
                  233 Broadway
                  New York, NY  10270
                  Attn:  General Counsel

                  If to TalkPoint:

                  TalkPoint Communications Inc.
                  100 William Street
                  New York, NY 10038
                  Attn: Chief Executive Officer

        Section 9.7 Entire Agreement. Subject to Section 9.1 above regarding the
Strategic Alliance Agreement and the Technology License Agreements, this
Agreement (including all Appendices) sets forth the entire understanding of the
Parties with respect to its subject matter and supersedes any and all prior
agreements, arrangements and understandings relating to the subject matter
hereof.

        Section 9.8 Amendments and Waivers. This Agreement may not be amended
unless the amendment is in writing and signed by authorized representatives of
both Parties. A waiver of rights under this Agreement will not be effective
unless it is in writing and signed by an authorized representative of the Party
that is waiving the rights.

        Section 9.9 Severability. If any term of this Agreement or the
application thereof is found invalid, illegal or unenforceable, the remainder of
this Agreement will remain in full force and effect, and the Parties will
negotiate in good faith to substitute a provision of like economic intent and
effect.

        Section 9.10 Rights of Third Parties. Nothing in this Agreement, express
or implied, is intended to confer upon any person other than the Parties hereto
or their respective permitted successors and assigns any rights, remedies,
obligations, or liabilities under or by reason of this Agreement, except as
expressly provided in this Agreement.

                                       8
<PAGE>
        Section 9.11 Counterparts and Facsimile Signatures. This Agreement may
be executed in one or more counterparts, each of which shall be deemed an
original, but all of which together shall constitute one and the same
instrument. A signature received via facsimile shall be deemed an original for
all purposes.

        Section 9.12 Titles and Subtitles. The titles and subtitles used is this
Agreement are used for convenience only and are not to be considered in
construing or interpreting this Agreement.

                            (signature page follows)

                                       9
<PAGE>

         IN WITNESS WHEREOF, the Parties have executed this Agreement effective
as of the Effective Date.

                                        TALKPOINT COMMUNICATIONS INC.

                                        By:  /s/ Nicholas Balletta
                                                 -----------------------
                                        Name:    Nicholas Balletta
                                        Title:   Chief Executive Officer

                                         MONEYLINE NETWORKS, LCC

                                        By:  /s/ Alexander Russo
                                                 ---------------
                                        Name:    Alexander Russo
                                        Title:   President

<PAGE>

                                   APPENDIX A
                                    GLOSSARY

"Affiliate" means, with respect to a Party, any corporation, company,
partnership, joint venture, association or other entity, that directly or
indirectly controls, is controlled by or is under common control with such
Party.

"Existing TalkPoint Customers" means Goldman, Sachs, Morgan Stanley, Bear
Stearns, Lehman Brothers, Merrill Lynch, Bank of America and AIG.

"Financial Services Industry" means any and all entities, whose primary business
activities are investments, brokerage, trust and fiduciary services, venture
capital, consumer, commercial and investment banking, money management or other
similar financial services.

"Intellectual Property" means all proprietary rights and other rights in and to:
(i) patents, including design patents and utility patents, reissues, divisions,
continuations-in-part and extensions thereof, in each case including all
applications therefor; (ii) inventor's certifications and invention disclosures;
(iii) works of authorship, whether copyrightable or not, copyrights, copyright
registrations and applications of registration of copyrights and all renewals,
modifications and extensions thereof, mask works, moral rights and design
rights; (iv) computer systems, including programs, software, object and source
code, databases, algorithms, and documentation therefor, in each case including
all copyrights therefor; (v) trade secrets and other protectable information,
including ideas, formulas, compositions, technical documentation, operating
manuals and guides, plans, designs, sketches, inventions, product
specifications, engineering reports and drawings, manufacturing and production
processes and techniques; drawings, specifications, research records, invention
records and technical data; and all other know-how, protected by patent,
copyright or trade secret law; and (vi) registrations of, and applications to
register, any of the foregoing with any governmental authority and any renewals
or extensions thereof; provided that, "Intellectual Property" shall specifically
exclude all trademarks, service marks, brand names, certification marks, trade
dress, assumed names, trade names and other indications of origin, Internet
domain names including all applications for registration thereof and all
renewals, modifications and extensions thereof ("Trademarks").

"License Trigger Event" means the occurrence of the following during the term of
this Agreement: (i) cessation or dissolution of TalkPoint's business or (ii)
TalkPoint commencing a voluntary bankruptcy proceeding under Title 11 of the
United States Code or (iii) repeated failure of TalkPoint to provide and/or
support the TalkPoint Products in accordance with the terms of the applicable
Customer Orders and TalkPoint's then-current support policy) or (iv) TalkPoint's
inability to provide services in a commercially reasonable manner.

"Managed Video Services" shall have the meaning ascribed to it in the Strategic
Alliance Agreement.

"Parties" means Moneyline and TalkPoint.

"Party" means either Moneyline or TalkPoint, as the case may be.

                                       11

<PAGE>
"Strategic Alliance Agreement" means that certain Strategic Alliance Agreement
dated May 16, 2002 by and among Moneyline, TalkPoint (formerly known as Video
Network Communications, Inc.) and B2B Video Network Corp.

"TalkPoint Products" means all current and future products and services of
TalkPoint and its Affiliates, including but not limited to those products and
services identified on Appendix B to this Agreement; provided, however, that:
(i) the TalkPoint Products shall not include Managed Video Services or Video
Equipment for as long as the Strategic Alliance Agreement is in effect, and (ii)
upon any termination or expiration of the Strategic Alliance Agreement, the
TalkPoint Products shall be deemed to include the Managed Video Services and the
Video Equipment.

"Technology License Agreements" means (i) that certain Technology License
Agreement dated May 16, 2002 by and among Moneyline and TalkPoint (formerly
known as Video Network Communications, Inc.), and (ii) that certain Technology
License Agreement dated May 16, 2002 by and among Moneyline and B2B Video
Network Corp.

"Video Equipment" shall have the meaning ascribed to it in the Strategic
Alliance Agreement.

                                       12
<PAGE>

                                   APPENDIX B
                           CERTAIN TALKPOINT PRODUCTS

        o       Activecast - webcasting solution and related production services

        o       TalkPoint -

        o       TalkPoint Express -

        o       audio conferencing and video bridging services

The Parties agree to update Appendix B from time to time as new TalkPoint
Products become available.

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