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                                                                   EXHIBIT 10.11

                    EMPLOYMENT AND CONFIDENTIALITY AGREEMENT

          This Employment and Confidentiality Agreement (the "Agreement") is
made and entered into as of November 1,1998 (the "Effective Date") by and
between John F. Garber ("Employee") and Tejas Securities Group, Inc. (the
"Company").

          WHEREAS the Company and Employee have decided to reflect the terms of
Employee's employment with the Company in a written document and which shall
govern the material terms of Employee's employment by the Company. In addition
to the terms of this Agreement, Employee shall be subject to certain policies
and procedures published by the Company, or made known to Employee from time to
time. Such policies and procedures are incorporated within this Agreement as if
fully set forth herein.

          NOW THEREFORE, in consideration of the premises and mutual agreements
hereafter set forth, and upon the terms and conditions contained in this
Agreement, Employee and the Company hereby agree as follows:

1. Conditions of Employment.

  1.1. Compliance with Company Policies.

                  Employee shall be subject to the policies and procedures
             enacted by the Company from time to time and made known to Employee
             either through publication or by direct discussion with Employee.

  1.2. Compliance with Applicable Rules and Regulations.

                  Employee shall be subject to all of the Rules and Regulations
             of the Securities and Exchange Commission and the National
             Association of Securities

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             Dealers and the Company reserves the right to terminate Employee
             should he/she not remain compliant with these Rules and
             Regulations.

  1 .3. Other Business Interests.

                 Employee shall not be employed by or receive any other
             employment compensation from any other person or entity except as
             may be agreed to by the Company in writing. All revenues generated
             from Employee's efforts shall at all times belong to the Company
             unless otherwise agreed to pursuant to written agreement between
             Company and Employee.

  1.4. Term and Termination.

                 Employee's employment with the Company shall be "at will" and
             may be terminated by either Employee or Company at any time and for
             any or no particular reason or cause with or without advance notice
             to the other.

2. Duties, Compensation and Benefits.

  2.1. Title.

            Director of Finance.

  2.2. Capacity.

                  Employee shall serve as an employee of the Company and shall
             perform such customary, appropriate and reasonable duties as are
             performed by an employee as may be delegated to Employee by the
             Board of Directors of the Company (the "Board").

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  2.3. Schedule.

             Employee shall be employed on a full time basis and shall devote
          all of his/her working time, intentions and energies to the Company.
          Employee shall at all times perform his/her duties and obligations
          faithfully, diligently and to the best of their abilities.

  2.4. Salary.

             During employment with the Company, Employee shall be paid $6,250
          per month for each month of employment in accordance with the
          Company's standard payroll practice. Salary shall be subject to annual
          review and adjustment at the discretion of the Board or any committee
          or individual appointed by the Board to perform such function.

  2.5. Bonus.

             Employee shall receive an annual bonus of approximately 10-30% of
          Employees compensation for the year depending on the performance of
          the Employee and the Company. If Employee is terminated or terminates
          his/her employment during any twelve month consecutive review period,
          he/she shall not be entitled to any bonus.

  2.6. Business Expenses.

             The Company shall reimburse Employee for reasonable business
          expenses necessarily and appropriately incurred by Employee in
          performing his/her duties hereunder in accordance with such policies
          and procedures regarding employee expenses as the Company may from
          time to time put in effect.

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  2.7. Benefits.

                 In addition to salary and bonus, Employee shall be entitled to
             participate in any Employee benefit program established from time
             to time for employees of the Company as determined by eligibility
             requirements established by the Company or such employee benefit
             programs.

  2.8. Holiday and Vacation.

                 Employee shall be entitled to all holidays provided under the
             Company's regular holiday schedule published from time to time by
             Company. In addition, Employee shall be entitled to vacation time
             in accordance with the policies established by the Company from
             time to time.

3. Confidential Information.

                  Employee understands and agrees that in connection with the
             performance of their obligations and duties, Employee has and will
             receive certain proprietary, confidential or other information
             concerning the Company that the Company regards as highly
             confidential. In addition, Employee acknowledges and agrees that
             he/she will receive special and important training in regard to the
             performance of the business activities. The information provided to
             Employee may include, without limitation or designation as such,
             business strategies, terms of contracts and business relationships,
             pricing information and other information that is not generally
             known to the public. Employee acknowledges and agrees that all such
             information, including information obtained through special
             training by the Company, is and will at all times remain the sole
             and

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             exclusive property of the Company. Employee acknowledges and
             agrees that they will, during the term of their employment
             with the Company and at all times thereafter hold such
             information in confidence and not disclose any such
             information to any third party except as authorized in advance
             in writing by the Company or directly in connection with the
             performance of the employees obligations hereunder. In the
             event of the termination of Employee's employment with the
             Company, Employee shall promptly return all confidential and
             propriety information in Employee's possession to the Company.
             Employee agrees that notwithstanding the termination of the
             employee's employment relationship with the Company that
             his/her agreement to keep the Company's confidential and
             proprietary business information confidential will survive the
             termination of such employment relationship.

                  In addition, Employee agrees and understands that the damages
             which will be incurred by the Company as a result of the breach of
             this confidentiality provision are incalculable. Employee agrees
             that in addition to any remedy available to the Company provided by
             law, that Company will be entitled to injunctive relief, including
             but not limited to obtaining such temporary orders of the Court as
             may be necessary and appropriate in order to enforce this
             provision.

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4. Miscellaneous.

  4.1. Successors and Assigns.

                 This Agreement shall be bind on and enure to the benefit of the
             parties hereto and their heirs, executors, legal representatives
             and successors. This Agreement may not be assigned, in whole or in
             part, without the prior written agreement of both parties hereto,
             except with respect to the confidentiality provisions contained in
             paragraph 3 hereof. Any attempt to assign the provisions of this
             Agreement (except for paragraph 3) shall be null and void.

  4.2. Withholding.

                  Employee hereby agrees to make appropriate arrangements with
             the Company for the satisfaction of all federal, state or local
             income tax withholding requirements and other federal, social
             security, employee tax requirements applicable to this Agreement.

  4.3. Governing Law.

                  This Agreement is made and entered into and is to be governed
             by and construed in accordance with the laws of the State of Texas
             applicable to agreements made and to be performed entirely within
             such state, without regard of the conflict of law principals for
             any such state. Employee agrees that there are sufficient contacts
             within the State of Texas to enforce this provision.

  4.4. Waiver.

                  The failure of either party at any time to require a
             performance by the other party of any provision hereof shall not
             effect in any way the full right to require

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             such performance at any time thereafter nor shall a waiver by
             either party of a breach of any provision hereof be taken or held
             to be a continuing waiver of such provision or a waiver of any
             other breach under any other provision of this Agreement.

  4.5. Caption.

                  The captions of the sections which are referenced above are
             inserted as a matter of convenience only and are in no way to
             define, limit or describe the scope of this Agreement or provisions
             hereof.

  4.6. Entire Agreement/Interpretation.

                  This Agreement sets forth the entire agreement and
             understanding between the parties hereto with respect to the
             subject matter hereof and supercedes all prior contracts,
             agreements, arrangements, communications, discussions,
             representations and warranties, whether oral or written, between
             the parties with respect to the subject matter. This Agreement may
             be amended only by a written instrument signed by both parties
             hereto making specific reference to this Agreement and express a
             plan or intention to modify it. The parties acknowledge that this
             Agreement has been drafted through mutual efforts of the parties
             and that it shall not be construed more harshly against any party
             hereto.

  4.7. Counterpart.

                  This Agreement may be executed in any number of counterparts
             each of which shall be deemed to be an original and all of which
             together shall constitute on and the same agreement.

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         In witness whereof the parties hereto have executed this Employment
Agreement as of the date first written above.

                                        TEJAS SECURITIES GROUP, INC.

                                        By: /s/ JAY W. VAN ERT
                                           -------------------------------------
                                        Printed Name: Jay W. Van Ert
                                                     ---------------------------
                                        Its: President
                                            ------------------------------------

                                        EMPLOYEE

                                         /s/ JOHN F. GARBER
                                        ----------------------------------------
                                        Printed Name: John F. Garber
                                                     ---------------------------

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                                                                   EXHIBIT 10.12

                               LETTER OF AGREEMENT

This Letter of Agreement sets forth the terms and conditions of the agreement
between Tejas Securities Group, Inc. (Tejas) and Barry Williamson (Consultant)
concerning Consultant's providing professional consulting services to Tejas.

Consideration

Consultant agrees to provide consulting services on a month to month basis
beginning October 20, 1999. Consultant will be compensated for professional
services at the rate of $12,500.00 per month, or its equivalent in equity or
stock options as agreed by the parties, payable monthly in advance. Consultant
may also be reimbursed for reasonable out-of-pocket expenses incurred in
providing such services.

Execution of this Letter of Agreement in the space provided below indicates
that this Letter of Agreement accurately reflects the agreement between
Consultant and Tejas concerning the matters set forth therein.

                                    Tejas Securities Group, Inc.

                                    By:  /s/ [ILLEGIBLE]
                                        -------------------------------

ACCEPTED AND AGREED TO:

/s/ BARRY WILLIAMSON
--------------------------------
Barry Williamson

Date:    11-1-99
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