Document:

AMENDMENT TO EMPLOYMENT AGREEMENT
                        ---------------------------------

         THIS AMENDMENT TO EMPLOYMENT AGREEMENT (the "Amendment") is effective
as of February 10, 2005 by and between XRG, INC., a Delaware corporation ("XRG")
and Kevin P. Brennan, an individual residing in Pinellas County, Florida
("Executive").

                              W I T N E S S E T H:
                               -------------------

         WHEREAS, XRG and Executive are parties to a certain Employment
Agreement dated March 1, 2004 (the "Employment Agreement"); and

         WHEREAS, it has been determined that it is in the best interests of XRG
to modify the Employment Agreement in certain respects as it relates to base
compensation and severance arrangements as more fully set forth herein; and

         WHEREAS, it is in the best interests of XRG to facilitate the
refinancing of certain of its subsidiaries' debts and the Executive's agreement
to amend certain of the terms and conditions of his Employment Agreement is a
condition precedent to the facilitation of such refinancing; and

         WHEREAS, the Board of Directors of XRG has determined that such actions
are in the best interests of XRG.

         NOW, THEREFORE, in consideration of the promises and other good and
valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties hereto agree as follows:

         1. Base  Compensation.  The base  compensation as set forth in Section
4 of the Agreement is amended as follows:

          o    Executive   agrees  that  effective  as  of  February  10,  2005,
               Executive's  base  salary  shall be $ 146,250  per  annum,  which
               equals 65% of Executive's current base salary. Compensation shall
               be paid by-monthly.  Notwithstanding the foregoing,  in the event
               XRG reports in its SEC filings  either on Form 10-Q or Form 10-K,
               two (2)  consecutive  quarterly  earning  reports of positive net
               income from operations after taxes based upon GAAP, as determined
               by XRG's regularly  engaged  Certified  Public  Accountant,  then
               Executive's  base  compensation  shall be  increased to an annual
               amount  that  existed  prior to the date of this  Agreement.  The
               parties agree that the prior annual base compensation  amount was
               $225,000.

<PAGE>

         2. Bonuses. Notwithstanding any other provisions of the Executive's
Employment Agreement, including but not limited to the provisions set forth in
Section 5 thereof, Executive hereby agrees to waive any rights to any past or
future bonus payments. Executive further agrees that all bonuses payable from
this day forward shall be in such amounts as determined by the Board of
Directors or XRG's Compensation Committee.

         3. Severance Payment in the Event of Termination Without Cause. In the
event Executive's employment with XRG is terminated without cause, or in the
event of death or "physical or mental disability", then the Executive's
severance payment shall equal an amount the Executive would have otherwise be
entitled to as a base salary on an annualized basis (i.e. 12 months base
compensation) computed upon the amount the Executive was paid on a monthly basis
on the month end most closely preceding the date of termination without cause,
death or disability. Such severance payments shall be payable in 3 monthly
installments.

         4. Supersede/Inconsistent Provisions. The terms and conditions of this
Amendment will supersede any terms and conditions of the original Employment
Agreement which are inconsistent with the provisions set forth herein. All of
the terms and provisions of the original Employment Agreement shall survive and
remain in full force and effect.

                             XRG, INC.

                             By:
                              --------------------------------------------------
                             Print Name:
                                      ------------------------------------------
                             Title:
                                 -----------------------------------------------

                             "EXECUTIVE"

                             Print Name:
                                      ------------------------------------------
MTC/ej/338259
2/10/2005 3:57 PM

                                       2AMENDMENT TO CONSULTING AGREEMENT

     THIS AMENDMENT TO CONSULTING AGREEMENT (the "Amendment") is effective as of
February 10, 2005 by and between XRG, INC., a Delaware  corporation  ("XRG") and
PRIVATE CAPITAL GROUP INC., a Florida Corporation ("Consultant").

                              W I T N E S S E T H:
                               -------------------

     WHEREAS,  XRG and Consultant are parties to a certain Consulting  Agreement
dated March 1, 2004 (the "Consulting Agreement"); and

     WHEREAS,  it has been determined that it is in the best interests of XRG to
modify  the  Consulting  Agreement  in  certain  respects  as it relates to base
compensation and severance arrangements as more fully set forth herein; and

     WHEREAS,  it is in the best interests of XRG to facilitate the  refinancing
of certain of its  subsidiaries'  debts and the Consultant's  agreement to amend
certain of the terms and conditions of his  Consulting  Agreement is a condition
precedent to the facilitation of such refinancing; and

     WHEREAS, the Board of Directors of XRG has determined that such actions are
in the best interests of XRG.

     NOW,  THEREFORE,  in  consideration  of the  promises  and  other  good and
valuable  consideration,  the  receipt  and  sufficiency  of  which  are  hereby
acknowledged, the parties hereto agree as follows:

     1. Base Compensation. The base compensation as set forth in Section ____ of
the Agreement is amended as follows:

     o    Consultant agrees that effective as of February 15, 2005, Consultant's
          base  salary  shall  be  $90,000.  per  annum,  which  equals  60%  of
          Consultant's  current base salary.  Compensation  shall be paid either
          by-monthly  or  month  as  determined  by  XRG.   Notwithstanding  the
          foregoing,  in the event XRG reports in its SEC filings either on Form
          10-Q or Form 10-K, two (2)  consecutive  quarterly  earning reports of
          positive net income from  operations  after taxes based upon GAAP,  as
          determined by XRG's regularly  engaged  Certified  Public  Accountant,
          then Consultant's  base  compensation  shall be increased to an annual
          amount that existed prior to the date of this  Agreement.  The parties
          agree that the prior annual base compensation amount was $150,000.
<PAGE>

     2.  Bonuses.  Notwithstanding  any  other  provisions  of the  Consultant's
Consulting  Agreement,  including but not limited to the provisions set forth in
Section ___ thereof,  Consultant  hereby  agrees to waive any rights to any past
bonus payments. Consultant further agrees that all bonuses payable from this day
forward  shall be in such  amounts as  determined  by the Board of  Directors or
XRG's Compensation Committee.

     3.  Severance  Payment in the Event of Termination  Without  Cause.  In the
event  Consultant's  consulting with XRG is terminated  without cause, or in the
event  of  death or  "physical  or  mental  disability",  then the  Consultant's
severance  payment shall equal an amount the Consultant  would have otherwise be
entitled  to as a base  salary on an  annualized  basis  (i.e.  12  months  base
compensation)  computed  upon the  amount the  Consultant  was paid on a monthly
basis on the month end most closely  preceding the date of  termination  without
cause,  death or disability.  Such severance  payments shall be payable in three
equal monthly payments.

     4.  Supersede/Inconsistent  Provisions.  The terms and  conditions  of this
Amendment  will  supersede any terms and  conditions of the original  Consulting
Agreement which are  inconsistent  with the provisions set forth herein.  All of
the terms and provisions of the original Consulting  Agreement shall survive and
remain in full force and effect.

                                    XRG, INC.

                                    By:
                                        ---------------------------
                                    Print Name:
                                        ---------------------------
                                    Title:
                                        ---------------------------

                                  "CONSULTANT"

                                         --------------------------
                                     Print Name:
                                         --------------------------
MTC/ej/338259
2/10/2005 11:31 AMWalker Street Associates
                                221 Warren Street
                                Hudson, NY 12534
                              www.walkerstreet.com

January 6, 2005

Kevin P. Brennan
XRG Inc.
601 Cleveland Street, Suite 820
Clearwater, FL 33755

Re:  Engagement for Consulting Services

Dear Mr. Brennan:

This letter of agreement  (AGREEMENT)  will serve to confirm our agreement  with
respect to the due diligence  financial and  operational  review services Walker
Street Associates (WSA), will perform for XRG Inc. (CLIENT), as well as the fees
for our  services,  the  method  and  timing of  payments,  and other  terms and
conditions of the engagement. WSA remains an independent subcontractor to CLIENT
under this AGREEMENT.

         1.  The Consulting Services to be Provided

          WSA will provide the following services (SERVICES):

          a.  review  and  have  access  to all  financial  statements  and cash
          management  of  CLIENT,  including  but not  limited  to,  historical,
          current and  projected,  as well as all books,  records,  bank account
          statements, banking records, of CLIENT and subsidiaries of CLIENT;

          b. make recommendations and supervise any reorganization of operations
          of CLIENT;

          WSA will have  observational  rights to all Board of Directors actions
          and meetings of CLIENT.

         2.  Term of Engagement

          This  engagement  shall commence on the date of this  AGREEMENT.  This
          AGREEMENT will continue for an unspecified term.

         3.  Fees  for SERVICES and Method of Payment

          CLIENT  shall pay WSA an hourly  fee of one  hundred  dollars  ($100).
          CLIENT  acknowledges  that  this  is a  discounted  rate  based  on an
          anticipated  bulk  hours  on site at  premises  of  CLIENT  given  the
          SERVICES  outlined in this  AGREEMENT.  Any portion of an hour will be
          rounded up to the next highest quarter hour when billed. All hours for
          travel and transit,  locally and  nationally,  are billable under this
          AGREEMENT.

          WSA will limit  billings  and  services  to no more than ten  thousand
          dollars ($10,000) per month to CLIENT.

          Upon execution of this AGREEMENT, CLIENT shall remit to WSA a retainer
          (RETAINER) of five thousand dollars ($5,000). Due to the cash position
          of CLIENT,  this RETAINER will be replenished  and maintained at WSA's
          demand so that WSA is continuously  drawing against such RETAINER when
          rendering  services to CLIENT. WSA may opt to bill CLIENT for services
          rendered and  maintain the RETAINER  amount at the $5,000 level at all
          times. Upon conclusion of this AGREEMENT,  any balance unallocated for
          services  rendered to CLIENT by WSA will be paid back to CLIENT by WSA
          within ten (10) business days of such conclusion.

          Payment is due upon invoicing by WSA. Payment is to be remitted as per
          the instructions on each invoice.  If WSA is working on site at CLIENT
          premises, WSA may opt to receive payment directly as opposed to having
          payment mailed to WSA home offices in New York State. WSA will invoice
          CLIENT at its  discretion  but no more than once  weekly,  and no less
          than once monthly.

          CLIENT will reimburse WSA for all  out-of-pocket  expenses incurred in
          the ordinary course of servicing the CLIENT  including air, rail, taxi
          fare, highway tolls, car rental, parking, hotel, meals, all gratuities
          for such, photocopies, postage,

<PAGE>

January 6, 2005
Letter of Agreement
Page 2 of 3

         etc.  WSA will endeavor to keep all such expenses to reasonable levels.

         Hotel Accommodations:

          Hotel  accommodations are not to exceed two hundred dollars ($200) per
          night including local tax. In rare cases where WSA exceeds such limit,
          CLIENT  will be billed  only up to such  limit per  night.  Due to the
          extended stay(s) required in the Tampa,  Florida region by WSA for the
          on site work, such other reasonable expenses as may be incurred by WSA
          for cleaning and laundering, health and fitness clubs, weekend travel,
          newspapers  and  publications,  etc.  may be billed to CLIENT at WSA's
          discretion.  WSA will in all cases  endeavor to keep all such expenses
          to the lowest  reasonable  level and will negotiate long term rates or
          seek to get the lowest  possible rate for such expenses.  WSA will not
          expense on any out of the  ordinary  levels for hotel  accommodations,
          nor will it accept the lowest possible level of quality available. All
          such  accommodations  must  meet  the  approval  of WSA  in  its  sole
          discretion.

         Administrative Support:

          WSA will bill CLIENT for any WSA administrative support at its offices
          at the rate of  twenty  five  dollars  ($25) per hour for any whole or
          partial hour.  Reimbursement  for such expenses is due upon submission
          by WSA to CLIENT of an expense  reimbursement form along with original
          receipts for all such expenditures.

         Courier Services:

          CLIENT will provide its own account  number to be billed  directly for
          any express courier services necessary,  whether conveyance originates
          at CLIENT or at WSA offices for all CLIENT matters.

         Meals:

          Time spent  consuming  lunch or other meals on or off CLIENT  premises
          will be  billable  to CLIENT by WSA if CLIENT  matters  are  addressed
          during such meals.

         Equity:

          Equity  in  CLIENT  will  also  be  granted  to WSA at a  level  to be
          determined,  and granted at the most favorable  terms  concurrent with
          any other new share issues of CLIENT or most recent previous new share
          issuances to date that WSA receives its shares in CLIENT.

4.       On Site Provisions

          CLIENT will  furnish the  following  to WSA for on site work by WSA at
          CLIENT  offices  and  premises.  Appropriate  office  space with desk,
          chair, computer,  printer,  phone, FAX and internet access. Due to the
          extended stays required to render the SERVICES,  WSA may make outgoing
          and receive incoming  correspondence on all above modes on matters not
          directly  related to CLIENT  matters.  WSA will do so in a manner that
          such  does not  materially  impact  WSA's  productivity  in  rendering
          SERVICES  to  CLIENT.  However,  WSA  will  not  track  time in such a
          detailed  manner that such time spent on  non-CLIENT  matters  will be
          deducted from hours spent at CLIENT premises.

         5.  Termination

          CLIENT cannot terminate this agreement without WSA's approval.

         6.  Indemnification of Liabilities

          CLIENT  agrees  to  defend,  indemnify  and  hold  harmless  WSA,  its
          officers, directors, principals, agents and employees from and against
          any and all claims, losses, damages, liabilities,  judgments, expenses
          and costs  (including  reasonable  attorney's fees and expenses) which
          WSA may incur and/or  require based upon the services  rendered  under
          this  AGREEMENT.  This is inclusive for any titles,  roles and officer
          and/or  director  capacities  that  Terence  F.  Leong  and/or WSA may
          assume.

         7.  Governing Law

          This agreement shall be governed and interpreted  with the laws of the
          State  of New  York,  without  regard  to  the  conflict  of  interest
          principles thereof or the actual domiciles of the parties hereto.

If the terms,  conditions,  services and method of payment of this agreement are
acceptable to XRG Inc.,  please indicate by executing and dating and sending via
facsimile  transmission to me at  646-304-7087,  and/or executing and dating two
copies of this engagement letter and returning one executed and dated copy to me
at the following address:

<PAGE>

January 6, 2005
Letter of Agreement
Page 3 of 3

                  Walker Street Associates
                  221 Warren Street
                  Hudson, NY 12534

Sincerely,

Terence F. Leong
President
Walker Street Associates

Signed and accepted by:
XRG Inc.

X
Mr. Kevin P. Brennan                                          Date
President

MTC/ej/339328

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