Document:

form-s4_013101.htm

                             NISCO Systems, Inc.
               (Formerly Known As Applied Medical Merger Corp.)

                           2000 Stock Incentive Plan

      This 2000 Stock Incentive Plan (the "Plan") is adopted in  consideration
for services  rendered and to be rendered to NISCO  Systems,  Inc. and related
companies.

      1.    Definitions.

            The terms used in this Plan shall,  unless otherwise  indicated or
required by the particular context, have the following meanings:

            Board:  The Board of Directors of NISCO Systems, Inc.

            Change in Control:  (i) The  acquisition,  directly or indirectly,
by any  person  or group  (within  the  meaning  of  Section  13(d)(3)  of the
Securities  Exchange  Act of 1934) of the  beneficial  ownership  of more than
fifty percent of the outstanding  securities of the Company,  (ii) a merger or
consolidation in which the Company is not the surviving  entity,  except for a
transaction  the  principal  purpose  of which is to change the state in which
the Company is incorporated,  (iii) the sale, transfer or other disposition of
all or  substantially  all of the  assets  of  the  Company,  (iv) a  complete
liquidation or dissolution of the Company,  or (v) any reverse merger in which
the Company is the surviving  entity but in which  securities  possessing more
than  fifty  percent  of the  total  combined  voting  power of the  Company's
outstanding  securities are transferred to a person or persons  different from
the persons holding those securities immediately prior to such merger.

            Code:  The Internal Revenue Code of 1986, as amended.

            Common Stock:  The Common Stock of NISCO Systems, Inc.

            Company:  NISCO Systems,  Inc., a corporation  incorporated  under
the laws of Delaware,  and any successors in interest by merger,  operation of
law,  assignment  or purchase  of all or  substantially  all of the  property,
assets or business of the  Company.  The Company was  formerly  named  Applied
Medical Merger Corp.

            Consultant:  A Consultant  is any person,  including  any advisor,
engaged by the Company or any Related  Company to render  consulting  services
and may include members of the Board.

            Continuous  Status as an Employee or  Consultant:  The  employment
by, or relationship  as a Consultant  with, the Company or any Related Company
is not  interrupted  or terminated.  The Board,  at its sole  discretion,  may
determine  whether  Continuous  Status as an Employee or  Consultant  shall be
considered interrupted due to personal or other mitigating circumstances.

            Date of Grant:  The date on which an Option is  granted  under the
Plan.

            Employee:  An  Employee  is an  employee  of  the  Company  or any
Related Company.

            Exercise  Price:  The price per share of Common Stock payable upon
exercise of an Option.

            Fair Market  Value:  The Fair Market  Value of the Option  Shares.
Such Fair Market  Value  shall be  determined,  in good  faith,  by the Option
Committee  after such  consultation  with outside legal,  accounting and other
experts as the Option  Committee may deem advisable,  and the Option Committee
shall maintain a written record of its method of determining such value.

            Incentive  Stock Options  ("ISOs"):  "Incentive  Stock Options" as
that term is defined in Section 422 of the Code.

            Non-Incentive  Stock Options  ("Non-ISOs"):  Options which are not
intended to qualify as  "Incentive  Stock  Options"  under  Section 422 of the
Code.

            Offeree:  An  Employee or  Consultant  to whom a Right to Purchase
has been offered or who has acquired Restricted Stock  under the Plan.

            Option:  The  rights  granted  to an  Employee  or  Consultant  to
purchase  Common  Stock  pursuant  to the  terms and  conditions  of an Option
Agreement.

            Option  Agreement:  The written  agreement  (and any  amendment or
supplement  thereto)  between  the  Company  and  an  Employee  or  Consultant
designating the terms and conditions of an Option.

            Option  Committee:  The Plan shall be  administered  by the Option
Committee  which shall consist of the Board or a committee of the Board as the
Board may from time to time  designate  composed  of not less than two members
of the Board who are not employees of the Company or a Related Company.

            Option  Shares:  The shares of Common Stock  underlying  an Option
granted to an Employee or Consultant.

            Optionee:  An  Employee  or  Consultant  who has been  granted  an
Option.

            Participant:  An Employee  or  Consultant  who holds an Option,  a
Right to Purchase or Restricted Stock under the Plan.

            Purchase Price:  The Purchase Price per share of Restricted  Stock
payable upon acceptance of a Right to Purchase.

            Related  Company:  Any  subsidiary  of the  Company  and any other
business  venture  in  which  the  Company  has  a  significant   interest  as
determined in the discretion of the Option Committee.

            Restricted  Stock:  The shares of Common Stock issued  pursuant to
Section 15,  subject to any  restrictions  and  conditions as are  established
pursuant to such Section 15.

            Right to Purchase:  A right to purchase  Restricted  Stock granted
to an Offeree pursuant to Section 15 hereof.

      2.    Purpose and Scope.

            (a)   The purpose of this Plan is to advance the  interests of the
Company  and its  stockholders  by  affording  Employees  and  Consultants  an
opportunity  for  investment  in the  Company  and  the  incentive  advantages
inherent in stock ownership in this Company.

            (b)   This Plan  authorizes the Option  Committee to grant Options
to purchase  shares of Common Stock to Employees and  Consultants  selected by
the Option Committee while  considering  criteria such as employment  position
or other relationship with the Company, duties and responsibilities,  ability,
productivity,  length of  service  or  association,  morale,  interest  in the
Company, recommendations by supervisors, and other matters.

      3.    Administration  of the Plan.  The Plan  shall be  administered  by
the Option  Committee.  The Option Committee shall have the authority  granted
to it under this section and under each other section of the Plan.

            In accordance  with and subject to the provisions of the Plan, the
Option Committee shall select the Optionees and Offerees,  shall determine (i)
the number of shares of Common  Stock to be  subject to each  Option and Right
to Purchase,  (ii) the time at which each Option or Right to Purchase is to be
granted,  (iii)  whether  an Option or Right to  Purchase  shall be granted in
exchange for the cancellation  and termination of a previously  granted option
or  options  under  the Plan or  otherwise,  (iv) the  Exercise  Price for the
Option  Shares,  (v) the Purchase Price of Restricted  Stock,  (vi) the option
period,  and (vii) the  manner in which the  Option  becomes  exercisable.  In
addition,  the Option  Committee shall fix such other terms of each Option and
Right to Purchase as the Option  Committee  may deem  necessary or  desirable.
The Option  Committee shall determine the form of Option Agreement to evidence
each Option and the form of Stock  Purchase  Agreement to evidence  each Right
to Purchase.

            The  Option  Committee  from time to time may adopt such rules and
regulations  for  carrying  out the purposes of the Plan as it may deem proper
and in the best  interests of the  Company.  The Option  Committee  shall keep
minutes  of its  meetings  and those  minutes  shall be  distributed  to every
member of the Board.

            All actions taken and all  interpretations and determinations made
by the  Option  Committee  in good  faith  (including  determinations  of Fair
Market Value) shall be final and binding upon all Employees,  Consultants, the
Company and all other  interested  persons.  No member of the Option Committee
shall be personally  liable for any action,  determination  or  interpretation
made in good faith with  respect  to the Plan,  and all  members of the Option
Committee  shall,  in  addition to rights  they may have if  Directors  of the
Company,  be fully  protected  by the Company with respect to any such action,
determination or interpretation.

      4.    The Common Stock.  The Board is authorized to  appropriate,  issue
and sell for the purposes of the Plan, and the Option  Committee is authorized
to grant Options and Rights to Purchase  with respect to, a total number,  not
in excess of 2,000,000  shares of Common Stock,  either treasury or authorized
but  unissued,  or the number and kind of shares of stock or other  securities
which in  accordance  with Section 16 shall be  substituted  for the 2,000,000
shares or into which  such  2,000,000  shares  shall be  adjusted.  All or any
unsold  shares  subject to an Option or Right to Purchase  that for any reason
expires  or  otherwise  terminates  may again be made  subject  to  Options or
Rights to  Purchase  under  the Plan.  No person  may be  granted  Options  or
Rights to  Purchase  under this Plan  covering  in excess of an  aggregate  of
500,000  Option  Shares and shares of Restricted  Stock in any calendar  year,
subject to adjustments in connection with Section 16.

      5.    Eligibility.  Options  which are  intended to qualify as ISOs will
be granted only to  Employees.  Employees and  Consultants  may hold more than
one  Option  under the Plan and may hold  Options  under the Plan and  options
granted pursuant to other plans or otherwise,  and may hold Rights to Purchase
under the Plan.

      6.    Option  Price.  The Exercise  Price for the Option Shares shall be
established  by the  Option  Committee  or  shall  be  determined  by a method
established  by the Option  Committee;  provided that the Exercise Price to be
paid by Optionees  for the Option Shares that are intended to qualify as ISOs,
shall not be less than 100  percent  of the Fair  Market  Value of the  Option
Shares on the Date of Grant,  or the date on which  the  Optionee  is hired or
promoted  (or  similar  event),  if the Date of Grant  occurs not more than 90
days after the date of such hiring, promotion or other event.

      7.    Duration and Exercise of Options.

            (a)   The option  period  shall  commence on the Date of Grant and
shall  be as set by the  Option  Committee,  but not to  exceed  10  years  in
length.  Except as otherwise  provided  herein or as  determined by the Option
Committee,  no  Option  shall  be  exercised  for  the  period  of six  months
following the Date of Grant;  provided,  however,  that this limitation  shall
not apply to the  exercise of an Option  pursuant to the terms of the relevant
Option Agreement upon the Optionee's death.

            (b)   During the  lifetime of the  Optionee,  the Option  shall be
exercisable  only by the  Optionee;  provided,  that in the event of the legal
disability  of an  Optionee,  the guardian or personal  representative  of the
Optionee may exercise the Option.  However,  if the Option is an ISO it may be
exercised by the guardian or personal  representative  of the Optionee only if
such  guardian or personal  representative  obtains a ruling from the Internal
Revenue  Service or an opinion of counsel to the effect that neither the grant
nor the  exercise  of such  power is  violative  of the Code.  Any  opinion of
counsel  must be both from  counsel  and in a form  acceptable  to the  Option
Committee.

            (c)   The Option Committee may determine  whether any Option shall
be exercisable in installments  only; if the Option Committee  determines that
an Option shall be exercisable in installments,  it shall determine the number
of  installments  and  the  percentage  of  the  Option  exercisable  at  each
installment date.  All such installments shall be cumulative.

            (d)   In the event an Optionee's  Continuous Status as an Employee
or Consultant  terminates  for any reason,  any Option held by the Optionee on
the date of  termination  may be  exercised  within 90 days  after the date of
termination,  but only to the extent that the Option was exercisable according
to its  terms  on the date of  termination.  After  such  90-day  period,  any
unexercised portion of an Option shall expire.

            (e)   Each  Option  shall  be  exercised  in  whole  or in part by
delivering  to the office of the  Treasurer of the Company  written  notice of
the number of shares with respect to which the Option is to be  exercised  and
by paying in full the Exercise  Price for the Option  Shares  purchased as set
forth in  Section 8;  provided  that an Option  may not be  exercised  in part
unless the Exercise Price for the Option Shares purchased is at least $2,000.

            (f)   No Option may be  exercised  until the Plan is  approved  by
the shareholders of the Company as provided in Section 17 below.

      8.    Payment for Option  Shares.  If the  Exercise  Price of the Option
Shares  purchased  by any  Optionee  at one time  exceeds  $5,000,  the Option
Committee  may permit all or part of the Exercise  Price for the Option Shares
to be paid by  delivery  to the  Company  for  cancellation  of the  Company's
Common Stock  previously  owned by the Optionee with a Fair Market Value as of
the date of payment equal to the portion of the Exercise  Price for the Option
Shares  that  the  Optionee  does not pay in  cash.  In the case of all  other
Option  exercises,  the  Exercise  Price  shall be paid in cash or check  upon
exercise  of the  Option,  except  that the  Option  Committee  may  permit an
Optionee to elect to pay the Exercise  Price upon the exercise of an Option by
authorizing  a third party to sell some or all of the Option  Shares  acquired
upon  exercise of an Option and remit to the Company a  sufficient  portion of
the sale  proceeds to pay the entire  Exercise  Price and any tax  withholding
resulting from such exercise.

      9.    Relationship to Employment or Position.  Nothing  contained in the
Plan,  or in any Option or Right to  Purchase  granted  pursuant  to the Plan,
shall confer upon any  Participant  any right with respect to  continuance  of
employment  by the Company,  as an Employee or as a Consultant or interfere in
any  way  with  the  right  of the  Company  to  terminate  the  Participant's
employment as an Employee or position as a Consultant, at any time.

      10.   Nontransferability  of Option.  Except as  otherwise  provided  by
the Option  Committee,  no Option granted under the Plan shall be transferable
by the Optionee,  either  voluntarily or involuntarily,  except by will or the
laws of descent and distribution.

      11.   Rights as a  Stockholder.  No person  shall  have any  rights as a
shareholder  with respect to any share  covered by an Option until that person
shall  become the holder of record of such share and,  except as  provided  in
Section 16, no adjustments shall be made for dividends or other  distributions
or other rights as to which there is an earlier record date.

      12.   Securities  Laws  Requirements.  No Option  Shares shall be issued
unless and until, in the opinion of the Company,  any applicable  registration
requirements  of the  Securities  Act of  1933,  as  amended,  any  applicable
listing  requirements  of any  securities  exchange on which stock of the same
class is then listed,  and any other  requirements of law or of any regulatory
bodies having  jurisdiction  over such issuance and delivery,  have been fully
complied  with.  Each  Option  and  each  Option  Share   certificate  may  be
imprinted  with  legends   reflecting   federal  and  state  securities  laws,
restrictions  and conditions,  and the Company may comply  therewith and issue
"stop  transfer"  instructions  to its  transfer  agent and  registrar in good
faith without liability.

      13.   Disposition  of  Shares.   Each   Optionee,   as  a  condition  of
exercise,   shall  represent,   warrant  and  agree,  in  a  form  of  written
certificate  approved by the Company,  as follows:  (a) that all Option Shares
are being  acquired  solely for his own account and not on behalf of any other
person  or  entity;  (b) that  no  Option  Shares  will be  sold or  otherwise
distributed  in violation of the  Securities  Act of 1933, as amended,  or any
other   applicable   federal  or  state  securities  laws;  and  (c)  that  no
disposition  of the  Option  Shares  will be made that will  jeopardize  the S
Corporation election with the Internal Revenue Service.

      14.   Ten Percent  Shareholder  Rule.  With respect to ISO's,  no Option
may be granted to an Employee  who,  at the time the Option is  granted,  owns
stock  possessing  more than 10 percent of the total combined  voting power of
all classes of stock of the Company,  unless at the time the Option is granted
the purchase  price for the Option  Shares is at least 110 percent of the Fair
Market Value of the Option  Shares on the Date of Grant and such Option by its
terms is not  exercisable  after the expiration of five years from the Date of
Grant.

      15.   Rights to Purchase

            15.1  Nature of Right to  Purchase.  A Right to  Purchase  granted
to  an  Offeree  entitles  the  Offeree  to  purchase,  for a  Purchase  Price
determined  by the Option  Committee,  shares of Common Stock  subject to such
terms,  restrictions  and conditions as the Option  Committee may determine at
the time of grant ("Restricted  Stock").  Such conditions may include, but are
not  limited  to,  continued   employment  or  the  achievement  of  specified
performance goals or objectives.

            15.2  Acceptance  of Right to Purchase.  An Offeree  shall have no
rights with  respect to the  Restricted  Stock  subject to a Right to Purchase
unless the Offeree shall have  accepted the Right to Purchase  within ten days
(or such  longer  or  shorter  period as the  Option  Committee  may  specify)
following  the grant of the Right to  Purchase  by making  payment of the full
Purchase  Price to the Company in the manner set forth in Section  15.3 hereof
and by executing  and  delivering to the Company a Stock  Purchase  Agreement.
Each Stock Purchase  Agreement  shall be in such form, and shall set forth the
Purchase  Price and such  other  terms,  conditions  and  restrictions  of the
Restricted  Stock, not  inconsistent  with the provisions of this Plan, as the
Option  Committee  shall,  from  time to  time,  deem  desirable.  Each  Stock
Purchase Agreement may be different from each other Stock Purchase Agreement.

            15.3  Payment   of   Purchase   Price.   Subject   to  any   legal
restrictions,  payment of the  Purchase  Price upon  acceptance  of a Right to
Purchase  Restricted  Stock  may be  made,  in the  discretion  of the  Option
Committee,  by (a) cash;  (b)  check;  (c) the  surrender  of shares of Common
Stock  owned by the  Offeree  that have been held by the  Offeree for at least
six months,  which surrendered  shares shall be valued at Fair Market Value as
of the  date  of such  exercise;  and (d)  any  combination  of the  foregoing
methods of payment  or any other  consideration  or method of payment as shall
be permitted by applicable corporate law.

            15.4  Rights   as  a   Shareholder.   Upon   complying   with  the
provisions  of Section  15.2  hereof,  an  Offeree  shall have the rights of a
shareholder  with respect to the Restricted  Stock  purchased  pursuant to the
Right to  Purchase,  including  voting  and  dividend  rights,  subject to the
terms,  restrictions  and  conditions  as are set forth in the Stock  Purchase
Agreement.   Unless   the  Option   Committee   shall   determine   otherwise,
certificates  evidencing  shares  of  Restricted  Stock  shall  remain  in the
possession of the Company in accordance  with the terms of the Stock  Purchase
Agreement.

            15.5  Restrictions.  Shares of  Restricted  Stock may not be sold,
assigned,  transferred,  pledged or otherwise encumbered or disposed of except
as  specifically  provided in the Stock  Purchase  Agreement  or by the Option
Committee.  In the event a Participant's  Continuous Service as an Employee or
Consultant  terminates  for any  reason,  the  Stock  Purchase  Agreement  may
provide,  in the  discretion of the Option  Committee,  that the Company shall
have the right,  exercisable  at the  discretion of the Option  Committee,  to
repurchase  any shares of Restricted  Stock,  on such terms as may be provided
in the Stock Purchase Agreement.

            15.6  Vesting of Restricted  Stock.  The Stock Purchase  Agreement
may provide, in the discretion of the Option Committee,  standards for vesting
of  the  Restricted  Stock,  including  dates,  performance  goals,  or  other
conditions.

            15.7  Dividends.  If  payment  for shares of  Restricted  Stock is
made  by  promissory  note,  any  cash  dividends  paid  with  respect  to the
Restricted  Stock may be applied,  in the discretion of the Option  Committee,
to repayment of such note.

            15.8  Non-Assignability  of Rights.  No Right to Purchase shall be
assignable  or  transferable  except  by  will  or the  laws  of  descent  and
distribution or as otherwise provided by the Option Committee.

      16.   Change in Stock,  Adjustments,  Etc. In the event that each of the
outstanding  shares of Common  Stock  (other than  shares  held by  dissenting
shareholders  which are not changed or  exchanged)  should be changed into, or
exchanged  for,  a  different  number  or kind of  shares  of  stock  or other
securities  of the Company,  or, if further  changes or exchanges of any stock
or other  securities  into which the Common Stock shall have been changed,  or
for which it shall have been  exchanged,  shall be made  (whether by reason of
merger,  consolidation,  reorganization,  recapitalization,  stock  dividends,
reclassification,   split-up,   combination  of  shares  or  otherwise),  then
appropriate  adjustment shall be made by the Option Committee to the aggregate
number and kind of shares  subject  to this  Plan,  and the number and kind of
shares and the price per share  subject to  outstanding  Options and Rights to
Purchase as provided in the  respective  Option  Agreements and Stock Purchase
Agreements in order to preserve, as nearly as practical,  but not to increase,
the benefits to Participants.

      17.   Effective Date of Plan;  Termination Date of Plan.  Subject to the
approval of the Plan by the  affirmative  vote of the holders of a majority of
the Company's  securities  entitled to vote and  represented at a meeting duly
held in accordance  with  applicable  law, the Plan shall be deemed  effective
November  16,  2000.  The Plan shall  terminate  at midnight  on November  16,
2010, except as to Options  previously  granted and outstanding under the Plan
at that  time.  No Options or Rights to  Purchase  shall be granted  after the
date on which the Plan  terminates.  The Plan may be abandoned  or  terminated
at any  earlier  time by the Board,  except  with  respect  to any  Options or
Rights to Purchase then outstanding under the Plan.

      18.   Withholding Taxes. The Company,  or any Related Company,  may take
such steps as it may deem necessary or appropriate  for the withholding of any
taxes which the  Company,  or any Related  Company,  is required by any law or
regulation or any governmental  authority,  whether  federal,  state or local,
domestic or foreign,  to  withhold in  connection  with any Option or Right to
Purchase including,  but not limited to, the withholding of all or any portion
of any payment or the  withholding  of issuance of Option Shares or Restricted
Stock to be issued upon the exercise of any Option.

      19.   Change in Control.

            In the  event of a  Change  in  Control  of the  Company,  (a) the
Option  Committee,  in its discretion,  may, at any time an Option or Right to
Purchase is granted,  or at any time  thereafter,  accelerate  the time period
relating to the exercise or  realization  of any  Options,  Rights to Purchase
and  Restricted  Stock and (b) with respect to Options and Rights to Purchase,
the Option  Committee in its discretion may, at any time an Option or Right to
Purchase  is  granted,  or at any  time  thereafter,  take  one or more of the
following  actions:  (i) provide  for the  purchase of each Option or Right to
Purchase  for an  amount  of cash or  other  property  that  could  have  been
received  upon the  exercise of the Option or Right to Purchase had the Option
been  currently  exercisable,  (ii) adjust the terms of the Options and Rights
to  Purchase in a manner  determined  by the Option  Committee  to reflect the
Change in  Control,  (iii)  cause the  Options  and Rights to  Purchase  to be
assumed, or new rights substituted  therefor,  by another entity,  through the
continuance of the Plan and the  assumption of outstanding  Options and Rights
to Purchase,  or the  substitution  for such Options and Rights to Purchase of
new options and new rights to purchase of comparable  value covering shares of
a successor  corporation,  with  appropriate  adjustments as to the number and
kind of shares and exercise  prices,  in which event the Plan and such Options
and Rights to Purchase,  or the new options and rights to purchase substituted
therefor,  shall  continue  in the manner and under the terms so  provided  or
(iv) make such other  provision as the  Committee may consider  equitable.  If
the Option Committee does not take any of the foregoing  actions,  all Options
and Rights to Purchase shall terminate upon the  consummation of the Change in
Control and the Option  Committee  shall cause written  notice of the proposed
transaction to be given to all  Participants  not less than fifteen days prior
to the anticipated effective date of the proposed transaction.

      20.   Amendment.

            (a)   The Board may amend,  alter or discontinue  the Plan, but no
amendment,  alteration or discontinuation shall be made which would impair the
right  of a  Participant  under  an  outstanding  Option  Agreement  or  Stock
Purchase Agreement.  In addition,  no such amendment shall be made without the
approval  of  the  Company's  shareholders  to the  extent  such  approval  is
required by law or agreement.

            (b)   The  Committee may amend the terms of any Option or Right to
Purchase  theretofore  granted,  prospectively or  retroactively,  but no such
amendment   shall   impair  the  rights  of  any   Participant   without   the
Participant's consent.

            (c)   Subject  to the  above  provisions,  the  Board  shall  have
authority  to amend the Plan to take into  account  changes in law and tax and
accounting  rules as well as other  developments,  and to  grant  Options  and
Rights to Purchase  which qualify for  beneficial  treatment  under such rules
without shareholder approval.

      21.   Other Provisions.

            (a)   The  use of a  masculine  gender  in  the  Plan  shall  also
include  within its meaning the  feminine,  and the  singular  may include the
plural,  and the plural may include the singular,  unless the context  clearly
indicates to the contrary.

            (b)   Any  expenses  of  administering  the Plan shall be borne by
the Company.

            (c)   This Plan shall be  construed  to be in  addition to any and
all other  compensation  plans or  programs.  Neither the adoption of the Plan
by the  Board  nor  the  submission  of the  Plan to the  shareholders  of the
Company for approval  shall be construed  as creating any  limitations  on the
power or  authority of the Board to adopt such other  additional  incentive or
other compensation arrangements as the Board may deem necessary or desirable.

            (d)   The validity, construction,  interpretation,  administration
and  effect of the Plan and of its rules and  regulations,  and the  rights of
any and all  personnel  having or  claiming  to have an  interest  therein  or
thereunder  shall be  governed  by and  determined  exclusively  and solely in
accordance with the laws of the State of Delaware.form-s4_013101.htm

      EMPLOYMENT AGREEMENT

      THIS  EMPLOYMENT  AGREEMENT,  made  as of this  8th day of  December,
2000, by and between:

      NISCO  SYSTEMS,  INC., a Delaware  corporation  having its  executive
office at 1665 Lakes  Parkway,  Suite  110,  Lawrenceville,  Georgia  30043
(hereinafter referred to as "NISCO")

                                    AND

      ANTHONY J. DEBELLA,  an adult individual residing at 2645 The Terrace
Way, Dacula, Georgia 30019 (hereinafter "DEBELLA")

      WITNESSETH THAT:

      WHEREAS,  DEBELLA  is a  founder  of NISCO and has been  employed  by
NISCO since its organization  pursuant to various oral  agreements,  and in
anticipation  of  becoming  a  publicly-traded  company  which  desires  to
protect the  interests  of the  shareholders  by  providing  for  executive
continuity,  the parties desire to replace those oral employment agreements
with a written employment  agreement so as to assure potential investors of
the  continuity  of his  employment  and NISCO's  continuing  access to his
experience,  background,  know-how and contacts  which will  continue to be
useful and helpful to NISCO in its business;

      WHEREAS,  the parties have agreed upon the terms of such  employment,
based upon the  preceding  oral  agreements,  and desire a written,  formal
contract to evidence their agreements;

      NOW,  THEREFORE,  in consideration of the mutual promises,  covenants
and forbearances  contained herein,  and intending to be legally bound, the
parties have agreed as follows:

      1.    EMPLOYMENT.  For  the  term  provided  in  Paragraph  2,  NISCO
hereby employs DEBELLA,  and DEBELLA hereby accepts that  employment,  upon
the terms and conditions hereinafter set forth.

      2.  TERM.
      (a)  This Agreement shall become effective as of January 1, 2001.

      (b) This  Agreement,  subject to the  provisions of Paragraphs 16 and
17  below,  shall  continue  and  exist  for an  initial  period  from such
effective date for a period of thirty-six months,  i.e., until December 31,
2003 (initial term).

      (c) If, at  September  30,  2003,  neither  party is then in  default
under this  Agreement,  NISCO may request that EMPLOYEE agree to extend the
term  of  this  Agreement  for an  additional  one (1)  year  period.  Such
request shall be transmitted by NISCO to DEBELLA,  in writing, on or before
three (3) months prior to the  expiration  date of the initial term, of its
intention to so extend the  Agreement.  DEBELLA shall accept or reject such
requested  extension  within  thirty  (30) days  after  receipt  of NISCO's
request;  if DEBELLA shall not respond within such thirty days, the request
shall be deemed  denied.  If NISCO  shall not give  notice of its desire to
renew this  Agreement on or before the three months prior to the expiration
date of the initial term, this Agreement shall terminate as provided.

      (d)  This  Agreement  shall  be  subject  to a  further  one (1) year
extension under the procedure  provided in subparagraph  (c), provided that
at September 30 of the then existing  extension  year neither party is then
in default under this Agreement.

      (e)  Notwithstanding  the  foregoing,  the term of this  Agreement is
otherwise  subject  to  the  various   termination   provisions   contained
hereafter.

      3.    COMPENSATION-BASE.  (a) For all  services  rendered  under this
Agreement, DEBELLA shall be paid, as base compensation,  such annual salary
as shall be  determined  by NISCO's  Board of Directors  from time to time,
but in no  event  shall  such  compensation  be at a rate of less  than One
Hundred   Fifty   Thousand   Dollars   ($150,000)   per  year.   Such  base
compensation  shall  be  subject  to  a  Cost-of-Living  Adjustment  (COLA)
annually based upon the percentage  increase in the  Cost-of-Living  Index,
All  Commodities,  for the Atlanta,  Georgia area (if available,  otherwise
the  New  York  City  area).  The  COLA  determination  shall  be  made  by
comparing  the Index at the last day of each year of this  Agreement to the
Index on the effective  date of this Agreement  (January 1, 2001),  and any
increase  shall be  effective as of the first day of the  succeeding  year.
Such base compensation is to be payable in equal  installments at intervals
no longer than  semi-monthly.  Such base compensation  shall be in addition
to such  incentive  compensation,  fringe  benefits and bonuses as provided
elsewhere herein.

(b) At the end of each  calendar  year,  NISCO's  Board of Directors  shall
review  the  performance  of  DEBELLA  for such year and,  based  upon such
evaluation,  establish  any  increase in the base  compensation  payable to
DEBELLA for the succeeding  calendar year, as adjusted by subparagraph  (a)
above.  NISCO shall not be obligated to provide any increase,  in excess of
the  increase  in  the  Cost-of-Living  Index,  All  Commodities,  for  the
Atlanta,  Georgia  area (if  available,  otherwise  the New York City area)
during the prior calendar year.

      4.    COMPENSATION-INCENTIVE.  (a) The  base  compensation  for  each
year of this Agreement,  including any extensions to this Agreement,  shall
be subject to a  retroactive  increase,  based upon an  earnings  per share
formula  (earnings of NISCO divided by actual common shares of NISCO issued
and  outstanding  at  December 31 of each year,  and not fully  diluted) as
follows:
      Profits Per             Increase as a
      Common Share            Percent of Base Compensation
      $.00 - $.10                 5%
      $.11 - $.20                10%
      $.21 - $.30                20%
      $.31 - $.40                30%
      $.41 - $.50                40%
      $.51 - $.60                50%
      $.61 - $.70                70%
      $.71 - $.80                90%
      $.81 - $.90               110%
      $.91 - $1.00                    130%
      over   $1.00                    150%

This retroactive  increase, if any should occur, is not a bonus but a merit
adjustment to the base  compensation.  The calculation  shall be made based
upon the annual audit of NISCO's financial  statements and shall be paid in
equal  amounts  for the  balance of the then  current  year on the  regular
paydays,  commencing with the first payday following  release of the audit.
Any  retroactive  increase  shall  not  affect  the base  compensation  for
subsequent  calculations.  It  is a  separate  adjustment  from  any  other
adjustment under any other plan.

(b) The  increase in  compensation  shall be payable in the year  following
the year for which the  calculation  is made, but shall be deemed earned by
DEBELLA'ss  efforts  during the prior year.  Such increase  shall be vested
as of  December  31 of the year for which the  calculation  is being  made,
regardless of the completion of this Agreement.  Accordingly,  for example,
payment  thereof shall be made following the  termination of this Agreement
whether or not NISCO  extends  DEBELLA'ss  employment  for that  succeeding
year during  which the payments  are made.  Payment  shall be made over the
balance of the payroll dates of such payment year.

      5.    COMPENSATION-FRINGE  BENEFITS.  DEBELLA  shall receive at least
the following additional benefits,  which may be extended or increased, but
not reduced, by NISCO:

(a)  Vacation - DEBELLA  shall be  entitled  to paid  vacation of three (3)
weeks  during the first  three  years of the  initial  term and of four (4)
weeks during the last two years of the initial term and any extension  year
of this  Agreement.  Unused  vacation time may be accumulated  from year to
year if unused,  and used in a subsequent  year in addition to the vacation
time provided in such year;  however,  DEBELLA shall not be compensated for
any unused vacation time at the end of the term of this Agreement.

(b) Medical  Insurance - DEBELLA  shall  receive  such  medical,  surgical,
dental  and/or  hospitalization  insurance as NISCO shall  provide to other
officers/employees,  it being understood that NISCO expects to periodically
review its  personnel  policies,  including the medical,  surgical,  dental
and/or  hospitalization  insurance which it will provide, and the terms and
conditions of providing such  insurance.  DEBELLA shall receive,  from time
to  time,   the   most   favorable   medical,   surgical,   dental   and/or
hospitalization insurance offered to any of NISCO's officers/employees.

(c) Other -  DEBELLA  shall  receive  such  other  fringe  benefits  as are
available to any other  officers/employees/consultants.  Nothing  contained
in this Agreement  shall be in lieu of any rights,  benefits and privileges
to which  DEBELLA may be entitled  under any 401(k),  retirement,  pension,
profit-sharing,  insurance, ESOT/ESOP, hospitalization,  medical, surgical,
dental,  legal or other  plans  which  may now be in  effect  or which  may
hereafter  be adopted,  either by NISCO or any  subsidiary  or affiliate of
NISCO.  DEBELLA shall have the same rights and  privileges  to  participate
in such  plans and  benefits  as any other  employee  during  his period of
employment  and  DEBELLA  shall be entitled  to  participate  on a at least
parity with executives of equal rank.

      6.    COMPENSATION-BONUS.  After  the  end  of  each  calendar  year,
NISCO's Board of Directors  shall determine the net profits before taxes of
NISCO  for such  prior  year and  shall  determine  any bonus for such year
payable to  DEBELLA.  NISCO  shall not be  obligated  to provide any bonus.
Any bonus awarded  shall be paid at such time or times,  in such amounts or
installments, as NISCO's Board of Directors may determine.

      7.    COMPENSATION-DEFERRED.  (a)  NISCO  desires  to  recognize  the
contributions  of  DEBELLA  from the date of  incorporation  to the date of
this  Agreement,  particularly  the performance of services at little or no
compensation  during  the  formative  years.  Accordingly,   the  following
deferred  benefits  have  been  granted  in  consideration  of  such  prior
services  and  are not  dependent  upon  completion  of the  terms  of this
Agreement.

(b)  Following  termination  of  DEBELLA's  employment  hereunder,  whether
early or upon completion of the term hereof,  and whether early termination
is for cause,  without  cause,  or for reasons of  disability,  NISCO shall
provide DEBELLA with the following benefits:

      (i) NISCO,  at NISCO's cost and  expense,  shall  continue  DEBELLA's
      medical,  surgical, dental and hospitalization insurance coverage, as
      in effect on the date of  termination,  for a period of two (2) years
      following the date of termination.  Thereafter,  DEBELLA  shall  have
      the option to continue such insurance coverage at his expense.

      and

      (ii) if,  during the term of  DEBELLA's  employment  NISCO shall have
      obtained  insurance on DEBELLA's life for a specific business purpose
      (e.g.,  collateralization  of  institutional  financing  or  key  man
      replacement  insurance) and such insurance  shall no longer be needed
      for that purpose (e.g., upon repayment of the loan  collateralized or
      upon  termination  of  DEBELLA's  position as a key  employee),  then
      NISCO,  at its cost and expense,  shall  continue  such  insurance in
      force for the benefit of one or more  beneficiaries  designated  from
      time  to  time  by  DEBELLA,  for a  period  of up to two  (2)  years
      following  the date of  termination.  It is the intent of the parties
      that this  provision  shall apply to any  insurance  obtained  during
      DEBELLA's  employment,  even where the need for such insurance  shall
      be  obviated  because  of  or  following   termination  of  DEBELLA's
      employment.  In such event the period of continued  coverage would be
      from the date the insurance  need is obviated to a date two (2) years
      from the date of  termination  of DEBELLA's  employment.  Thereafter,
      DEBELLA shall have the option to continue such insurance  coverage at
      his expense.

      8.    DUTIES.   (a)  DEBELLA  is  engaged  as  the  Chief   Executive
Officer of NISCO.  DEBELLA shall  perform all usual and customary  services
as such an  executive,  including  but not  limited  to those  set forth on
Exhibit A, attached  hereto and made a part hereof.  DEBELLA's  performance
shall be subject to the  supervision  of NISCO'S  Board of  Directors.  The
precise  job  description  and the  specific  services  to be  rendered  by
DEBELLA may be defined,  interpreted,  curtailed, or extended, from time to
time, by  determination  of NISCO' Board of Directors,  provided,  however,
that  any  definition,   interpretation,   curtailment,   or  extension  is
consistent with the status of, and/or educational  experience required for,
the   responsibilities   for  which  DEBELLA  has  been  initially  engaged
hereunder.  It is the  intent  of this  provision  to  provide  NISCO  with
flexibility  in  assigning  responsibilities  to DEBELLA  and/or  promoting
DEBELLA,  and this provision  shall not be used to  discipline,  embarrass,
humiliate or harass DEBELLA.

(b) In  addition,  DEBELLA  agrees to serve as a director  of NISCO so long
as so elected by NISCO's shareholders.

      9.    EXTENT  AND  PLACE  OF  SERVICES.   DEBELLA  agrees  that  this
employment  constitutes  his primary  employment and  understands  that his
primary loyalty and responsibility is to NISCO. Accordingly,  DEBELLA shall
devote such adequate,  reasonable, and proper time, attention, and energies
to the  business of NISCO as shall be  necessary  or  consistent  with such
understanding  and DEBELLA shall not,  during the term of this Agreement be
engaged  in any  other  business  activity  (whether  or not such  business
activity is pursued for gain, profit, or other pecuniary advantage),  which
conflicts with DEBELLA's  employment  responsibilities  hereunder,  without
prior,  written  authorization  of  NISCO's  Board  of  Directors.  (It  is
expressly  agreed that  DEBELLA's  participation  in the  management of the
European/African/Asian  operations,  and his direct  compensation from such
entities  for  such  services  is an  approved  and  authorized  activity.)
However,  nothing contained herein shall be construed as preventing DEBELLA
from  investing  his assets in such form or manner as DEBELLA  may  select,
whether or not such  investment will require any services on DEBELLA's part
in the operation of the affairs of the companies in which such  investments
are made.

      10.   WORKING  FACILITIES.  DEBELLA  shall be  furnished,  at NISCO's
expense,  with all necessary working facilities,  including but not limited
to  an  equipped   office,   executive   assistant,   clerical   help,  and
telephone/facsimile/copying   services,   suitable  to  his   position  and
adequate for the performance of his duties.

      11.   EXPENSES.  DEBELLA  is not  authorized  to  incur  expenses  on
behalf of, or chargeable  to, NISCO,  with respect to his business  travel,
including transportation,  lodging, food, entertainment, etc. except within
such  guidelines  as may be  established  from  time  to  time  by  NISCO's
Management.  NISCO shall reimburse  DEBELLA for authorized  expenses within
such  guidelines  upon  presentation  by DEBELLA,  from time to time, of an
itemized  account of such  expenditures  in such form as NISCO may require,
together  with  receipts  or other  proofs  of the  expenditures  as may be
required.

      12.   NON-DISCLOSURE  OF  INFORMATION.  (a)  DEBELLA  recognizes  and
acknowledges  that,  during  the  course of his  employment,  she will have
access to valuable  "Proprietary  Information"  as defined in  subparagraph
(b) below,  including,  but not limited to Inventions,  Work Product and/or
Trade Secrets,  contractual arrangements and compensation arrangements with
suppliers,   manufacturers,   sub-contractors   and   customers  of  NISCO;
compensation  arrangements  with  sub-contractors,   vendors,  and  outside
personnel;  costing, pricing and bidding methods,  procedures, and amounts;
management and operating  procedures and software;  management  information
systems,  etc.;  marketing  plans  and  strategy;  personnel  policies  and
contractual arrangements,  including job assignments and compensation;  and
that such  information  constitutes  unique assets of the business of NISCO
and of which  NISCO is the sole and  exclusive  owner.  DEBELLA  will treat
such Proprietary  Information on a confidential  basis and will not, during
or after his  employment,  personally  use or disclose all, or any part of,
such   Proprietary   Information   to  any   person,   firm,   corporation,
association,  agency,  or other entity  except as properly  required in the
conduct of the  business of NISCO,  or except as  authorized  in writing by
NISCO,  publish,  disclose or authorize anyone else to publish or disclose,
any Proprietary  Information of NISCO with which  DEBELLA's  service may in
any  way  acquaint  DEBELLA.  DEBELLA  shall  surrender  possession  of all
Proprietary  Information,  including especially all Trade Secrets, to NISCO
upon any suspension or termination of DEBELLA's  employment  with NISCO. In
the event of a breach, or threatened breach, by DEBELLA,  of the provisions
of this Paragraph, NISCO shall be entitled to a preliminary,  temporary and
permanent  injunction  restraining  DEBELLA from  disclosing in whole or in
part, any such Proprietary  Information  and/or from rendering any services
to any person, firm, corporation,  association,  agency, or other entity to
whom  such  information,  in  whole or in part,  has been  disclosed  or is
threatened  to  be  disclosed.   Furthermore,   nothing   herein  shall  be
construed as prohibiting  NISCO from pursuing any other  equitable or legal
remedies  available to it for such breach or threatened  breach,  including
the recovery of damages from DEBELLA.

(b) For  purposes  hereof,  "Proprietary  Information"  shall  not  include
information  which  (i) is  publicly  available  from a source  other  than
DEBELLA  or can be  lawfully  obtained  from a third  party or  parties  in
lawful  possession  thereof,  or (ii) is  publicly  release  in  writing by
NISCO,  or (iii) is required to be disclosed  pursuant to the  authority of
any court or public agency.

(c) Nothing  contained  herein shall  prohibit  DEBELLA from  continuing to
use information  known to DEBELLA prior to the execution of this Agreement;
however,  DEBELLA shall not publish or disclose any such information  which
as a result of DEBELLA's  services  hereunder shall have become Proprietary
Information of NISCO.

(d) The parties  recognize that the  Proprietary  Information of NISCO most
probably  derives from the services of DEBELLA.  Nothing  contained  herein
shall  prohibit  DEBELLA from  continuing to use  information  developed by
DEBELLA during the term of this Agreement,  provided that such  information
is not used by DEBELLA for  competitive  purposes;  however,  DEBELLA shall
not  publish  or  disclose  any  such  information  which  as a  result  of
DEBELLA's services  hereunder shall have become Proprietary  Information of
NISCO.

      13.   RESTRICTIVE  COVENANT.  (a) During  the term of this  Agreement
and for a period of  twelve  (12)  months  after  the  termination/of  this
Agreement and any extension  thereof,  DEBELLA will not,  within the United
States or any  other  area of the  world in which  NISCO is then  operating
(including the  European/African/Asian  operations  entities),  directly or
indirectly,  compete with, own, manage,  operate,  control, be employed by,
consult for,  participate in, perform  services for, or be connected in any
manner  with  the  ownership,  management,  operation  or  control  of  any
business  engaged  in  (i)  the  design,  specification,   integration  and
installation  of high speed  voice and data  communications  infrastructure
and/or  (ii)  the sale of  private  labeled  communications  infrastructure
products.  Nothing  contained  herein  shall  prohibit  DEBELLA,  following
termination of this Agreement, from engaging in the management,  operation,
control,  employment by, consultation for, participation in, performance of
services for, or connection with a voice and data  communications  business
which is not in  competition  with the  specific  services  and products of
NISCO.
(b)  DEBELLA  agrees  that the  "time",  "geographic  area",  and "Scope of
Business"  provisions  of this  restrictive  covenant  are  reasonable  and
proper  and  have  been   negotiated  in  connection  with  his  employment
hereunder.

(c) NISCO and DEBELLA  agree,  that if any court of competent  jurisdiction
shall, for any reason,  conclude that any portion of this covenant shall be
too restrictive,  the court shall determine and apply lesser  restrictions,
it being the intent of the  parties  that some such  restrictions  shall be
applicable for the protection of NISCO and its shareholders.

      14.  OWNERSHIP OF WORK  PERFORMED.  DEBELLA hereby grants,  bargains,
sells, conveys,  transfers and delivers and agrees to grant, bargain, sell,
convey, transfer and deliver,  without further consideration other than the
base compensation  provided above, to NISCO, all right,  title and interest
in and to all work performed,  all work product,  all work in process,  all
programs and all underlying  programs  (including but not limited to Basic,
Fortran,  HTML, C++,  Visual Basic,  and any and all other codes and source
codes)  and  documentation  for  same  which  shall  be  and/or  have  been
performed by him.  DEBELLA hereby  acknowledges  that NISCO is and shall be
entitled to secure any and all patents,  copyrights,  and  trademarks  with
respect to all of such work,  work  product,  programs,  etc.  and  DEBELLA
covenants,  warrants and represents that she shall execute all assignments,
documents, filings,  acknowledgments and other papers which may be required
to assure,  establish,  confirm,  and document  NISCO's sole and  exclusive
ownership to all of such  (including  Basic,  Fortran,  HTML,  C++,  Visual
Basic, and any and all other codes and source codes) and  documentation for
same and the Work Product.  "Work  Product"  shall mean all  documentation,
software,  programs,  systems, source codes, Hardware Signatures,  know-how
and  information  created,  in whole  or in part,  by  DEBELLA  during  the
performance  of his  services  hereunder  whether or not  copyrightable  or
otherwise  protectable.  DEBELLA,  for himself, his successors and assigns,
covenants  and  agrees  with  NISCO  to  warrant  and  defend  title to the
property  hereby sold to NISCO,  its successors and assigns against all and
every person and persons whomsoever.

      15.   NONSOLICITATION  COVENANT.  (a) For a  period  of  twelve  (12)
months after the  termination  of this  Agreement  (including any extension
thereof) DEBELLA shall not, solicit,  directly or indirectly, by any means,
any of the  clients,  customers,  accounts,  employees or "leads" of NISCO,
determined as of the date of the termination of this Agreement.

(b) NISCO and DEBELLA  agree,  that if any court of competent  jurisdiction
shall,  for any reason  conclude that any portion of this covenant shall be
too restrictive,  the court shall determine and apply lesser  restrictions,
it being the intent of the  parties  that some such  restrictions  shall be
applicable for the protection of NISCO and its shareholders.

      16.  OWNERSHIP OF INVENTIONS  AND  DEVELOPMENTS.  (a) For purposes of
this Agreement, the following definitions shall apply:
      (i) "Inventions" shall mean:
            (A)   All   inventions,   improvements,    modifications,   and
enhancements,  whether or not patentable,  made by DEBELLA during DEBELLA's
employment by NISCO; and
            (B)   All   inventions,    improvements,    modifications   and
enhancements  made by DEBELLA,  during a period of six (6) months after any
suspension or termination of DEBELLA's  employment by NISCO,  which relate,
directly or indirectly, to the products and/or services of NISCO.
      (ii)  "Work   Product"  shall  mean  all   documentation,   software,
programs,   systems,  source  codes,  Hardware  Signatures,   know-how  and
information  created,  in whole or in part,  by  DEBELLA  during  DEBELLA's
employment   by  NISCO,   whether  or  not   copyrightable   or   otherwise
protectable, excluding Inventions.
      (iii) "Trade  Secrets" shall mean all  documentation,  software,  and
information  relating to the  functionality of the products of NISCO or any
plans  therefor,  or  relating  to the  business  of a third party or plans
therefor  that are  disclosed  to NISCO,  which NISCO does not  disclose to
third parties without restrictions on use or further disclosure.

(b)  DEBELLA  shall  promptly  disclose  to NISCO all  Inventions  and keep
accurate  records  relating to the  conception and reduction to practice of
all  Inventions.  Such records shall be the sole and exclusive  property of
NISCO,  and DEBELLA  shall  surrender  possession  of such records to NISCO
upon any suspension or termination of DEBELLA's employment with NISCO.

(c) DEBELLA  hereby  assigns to NISCO,  without  further  consideration  to
DEBELLA,  the entire right title and interest in and to the  Inventions and
Work  Product  and in  and  to all  proprietary  rights  therein  or  based
thereon.  DEBELLA  agrees  that the Work  Product  shall be  deemed to be a
"work made for hire".  DEBELLA shall execute all such  assignments,  oaths,
declarations  and other documents as may be prepared by NISCO to effect the
foregoing.

(d) DEBELLA shall provide NISCO with all  information,  documentation,  and
assistance   NISCO  may  request  to  perfect,   enforce,   or  defend  the
proprietary  rights in or based on the  Inventions,  Work  Product or Trade
Secrets.  NISCO, in its sole  discretion,  shall determine the exact extent
of the  proprietary  rights,  if any,  to be  protected  in or based on the
Inventions  and Work  Product.  All  such  information,  documentation  and
assistance  shall be  provided at no  additional  expense or cost to NISCO,
except for out-of-pocket expenses which DEBELLA incurs at NISCO's request.

      17.   DISABILITY.  (a) NISCO desires to recognize  the  contributions
of  DEBELLA  during  the  period  from  incorporation  to the  date of this
Agreement.  Accordingly,  if DEBELLA is unable to perform  his  services by
reason of illness  or  incapacity  for a period of up to three (3)  months,
NISCO shall  continue  DEBELLA full  compensation.  If DEBELLA is unable to
perform his services  after such three (3) months,  NISCO shall continue to
compensate  DEBELLA for an  additional  period of three (3) months but such
compensation  may,  at the option of NISCO,  be  reduced  by fifty  percent
(50%).  If such illness or  incapacity  shall  continue for a period of six
(6)  months,  payment  of  compensation  thereafter  may,  at the option of
NISCO, be stopped  altogether.  The full  compensation  shall be reinstated
upon  DEBELLA's  return to service  and the  discharge  of his full  duties
hereunder,  provided  that such return to service is within nine (9) months
of  the   commencement  of  the  illness  or  disability.   Notwithstanding
anything herein to the contrary,  NISCO may, at its option,  terminate this
Agreement at any time after  DEBELLA  shall be absent from his  employment,
for whatever cause,  for a continuous  period of more than nine (9) months,
and all  obligations  of NISCO  hereunder,  other than  Paragraph  7, shall
cease upon any such  termination;  Paragraph  7 shall  remain in full force
and effect.

(b)  NISCO  may  elect  to  continue  the  payment  of  full   compensation
notwithstanding  the  foregoing.   Such  payments  shall  be  in  the  sole
discretion  of NISCO,  may be  discontinued  at any time,  and if initiated
shall not thereby become a duty or requirement.

      18.  TERMINATION  OF  EMPLOYMENT.  (a) NISCO can terminate  DEBELLA's
employment  at any time for good  cause.  Without  intending  to limit  the
definition of good cause hereby, good cause will include:
      (1)   DEBELLA's death;
      (2)   the occurrence of one of the following events:
            (i)  DEBELLA  is  convicted  of a  felony  or  any  crime
      involving  moral  turpitude or unethical  conduct  which in the
      good  faith  opinion  of NISCO  could  impair  his  ability  to
      perform his duties,  including the  representation  of NISCO to
      the public market; or
            (ii)  DEBELLA  commits an act,  or fails to take  action,
      in bad faith and to the detriment of NISCO, or
            (iii) The good faith  decision of the Board of  Directors  that
      DEBELLA is not managing  NISCO and  directing its affairs in a manner
      consistent with its then current business,  revenues, and competitive
      conditions  to the extent that  DeBella's  actions  constitute  gross
      negligence.

(b)   The  termination  of  DEBELLA's   services  shall  not  constitute  a
termination of the restrictive  obligations and duties under Paragraphs 12,
13, 14, 15 and 16.

(c)   In the event of the bankruptcy (Chapter 7),  reorganization  (Chapter
11) or other  termination of the business of NISCO,  or the  termination of
this Agreement under  sub-paragraph  (a)(2)(iii)  above,  the provisions of
Paragraph  13 shall  continue in full force and effect only so long as full
base compensation by NISCO shall continue.

      19.   ARBITRATION.  Any  controversy  or  claim  arising  out of,  or
relating  to this  Agreement,  or the breach  thereof,  shall be settled by
arbitration  in  Atlanta,   Georgia  in  accordance  with  the  rules  then
pertaining of the American Arbitration Association,  but with all rights of
discovery  provided by the Georgia Rules of Civil  Procedure,  and judgment
upon the award  rendered  may be entered in any court  having  jurisdiction
thereof.  Cost of the  arbitration  shall be borne by NISCO,  regardless of
who  initiates  the  proceeding.  The  losing  party  shall  reimburse  the
reasonable attorney's fees of the prevailing party.

      20.   WAIVER OF  BREACH.  The  waiver by either  party of a breach of
any provision of this  Agreement by the other party shall not operate or be
construed as a waiver of any  subsequent  breach by such other  party.  The
failure  of a party  to  exercise  any  rights  or  privileges  under  this
Agreement  shall not be deemed  to be a waiver  or  extinguishment  of such
rights or privileges, all of which shall continue to be exercisable.

      21.   BENEFIT.  The  rights  and  obligations  of  NISCO  under  this
Agreement  shall inure to the benefit  of, and shall be binding  upon,  its
successors  and assigns.  The  protection of Paragraphs  12, 13, 14, 15 and
16 shall inure to the benefit of NISCO and any successors and assigns.  The
rights and  obligations of DEBELLA under this Agreement  shall inure to the
benefit  of,  and  shall  be  binding  upon,  his  heirs,   administrators,
executors, successors and assigns.

      22.   NOTICES.  Any notice  required or  permitted  to be given under
this Agreement shall be sufficient if in writing,  and if either personally
delivered  or sent by  certified  mail,  to his  residence  in the  case of
DEBELLA, or to its principal office in the case of NISCO.

      23.   LIFE  INSURANCE.  NISCO and/or one or more of its  subsidiaries
may, in its  discretion at any time after the execution of this  Agreement,
apply for and procure,  as owner and for its own benefit,  insurance on the
life of  DEBELLA,  in such  amounts  and in such forms as NISCO may choose.
NISCO shall not be required to give DEBELLA any interest  whatsoever in any
such  policy or  policies,  (although  nothing  contained  herein  shall be
deemed to prohibit any such  arrangement) but DEBELLA shall, at the request
of  NISCO,  subject  himself  to  such  medical  examination,  supply  such
information,  and execute such information releases and documents as may be
required by the  insurance  company or  companies to whom NISCO has applied
for such insurance.

      24.   ENTIRE   AGREEMENT.   This   instrument   contains  the  entire
agreement  of the parties and may be modified  only by agreement in writing
signed  by the  party  against  whom  enforcement  of any  waiver,  change,
modification, extension or discharge is sought.

      25.   APPLICABLE  LAW.  This  Agreement  shall  be  governed  for all
purposes  by the laws of the State of  Georgia.  If any  provision  of this
Agreement is declared  void,  such  provision  shall be deemed severed from
this Agreement, which shall otherwise remain in full force and effect.

      26.  COUNTERPARTS.  This  Agreement  may be  executed  in two or more
counterparts,  including facsimile counterparts,  any one of which shall be
deemed to be an original.

      IN WITNESS  WHEREOF,  the  parties  hereto,  intending  to be legally
bound,  have  hereunto  set  their  hands  and seals as of the day and year
herein above written.

                                    NISCO SYSTEMS, INC.

ATTEST:

                                    By:
     President

Secretary

WITNESS:                            DEBELLA:

ANTHONY J. DEBELLA

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00019-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00019-of-00352.parquet"}]]