Document:

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                                                                  Exhibit 10.17

  Stock Purchase Agreement With Former Intelligent Communications, Inc. Owners

                      INTELLICOM RIGHTS PURCHASE AGREEMENT
                      ------------------------------------

         THIS INTELLICOM RIGHTS PURCHASE AGREEMENT ("Agreement") is made as of
this 7th day of February, 2001, by and between the undersigned former
shareholder of Intelligent Communications, Inc. ("Shareholder"), and SoftNet
Systems, Inc., a Delaware corporation ("SoftNet").

         WHEREAS, Shareholder obtained, among other things, the right (the
"Rights") to receive a portion of the Second Anniversary Stock, Third
Anniversary Stock and the proceeds from the Second Promissory Note, as such
terms are defined in that certain Agreement and Plan of Reorganization by and
among SoftNet, SoftNet Acquisitions, Inc., and Intelligent Communications, Inc.,
dated November 22, 1998 and the amendments thereto (collectively, the "Merger
Agreement"). All capitalized but undefined terms herein shall have the meaning
set forth in the Merger Agreement.

         WHEREAS, SoftNet intends to buy, and Shareholder intends to sell, the
Rights owned by Shareholder, upon the terms and conditions set forth in this
Agreement.

         NOW, THEREFORE, in consideration of the mutual promises and covenants
contained herein, both parties agree as follows:

1.       Purchase of Rights. Subject to the terms and conditions of this
         ------------------
         Agreement, Shareholder agrees to sell and deliver to SoftNet, and
         SoftNet agrees to purchase from Shareholder, all of Shareholder's
         right, title and interest to and in the Rights for an aggregate amount
         equal to the amount set forth next to Shareholder's name on Exhibit A
         (the "Purchase Price"). Upon payment of the Purchase Price, all right,
         title and interest to and in the Rights shall pass to SoftNet without
         further action on the part of the Parties and Shareholder shall have no
         right to receive any additional consideration under the Merger
         Agreement.

2.       Representations and Warranties of SoftNet. As material representations
         -----------------------------------------
         to induce Shareholder to enter into this transaction, SoftNet makes the
         following representations and warranties to Shareholder, each of which
         is true and correct as of the date hereof:

         2.1.     Corporate Organization. SoftNet is a corporation duly
                  ----------------------
                  organized and existing in good standing under the laws of the
                  State of Delaware and has filed all reports required to be
                  filed with the Secretary of State of the State of Delaware and
                  has all corporate power and authority to own, operate and
                  lease its properties and carry on its businesses as now
                  conducted.

         2.2.     Authorization of Agreement. SoftNet has all corporate power
                  --------------------------
                  and authority to execute and deliver this Agreement and to
                  consummate the transactions provided for herein and the
                  execution and delivery of this Agreement by SoftNet and the
                  performance of its obligations to be performed hereunder have
                  been duly authorized by all necessary and appropriate action
                  by SoftNet's Board of Directors. The execution and delivery of
                  this Agreement and the consummation of the transactions
                  contemplated hereby do not and will not conflict with or
                  result in a breach of, or constitute a default under, the
                  terms or conditions of SoftNet's Certificate of Incorporation
                  or Bylaws, or any order, judgment or decree or any agreement
                  or instrument to which SoftNet is a party or by which SoftNet
                  or its assets are bound or affected. This Agreement is, and
                  each other agreement and document to be executed by SoftNet,
                  will be when so executed, a valid and binding obligation of
                  SoftNet enforceable in accordance with its terms.

     3.  Representations and Warranties of Shareholder. As material
         ---------------------------------------------
         representations to induce SoftNet to enter into this transaction,
         Shareholder makes the following representations and warranties to
         SoftNet, each of which is true and correct as of the date hereof:

         3.1.     Corporate Organization. If Shareholder is a corporation,
                  Shareholder is a corporation duly organized and existing in
                  good standing under the laws of the jurisdiction next to its
                  name on Exhibit A and has filed all reports required to be
                  filed with such jurisdiction and has all corporate power and
                  authority to own, operate and lease its properties and carry
                  on its businesses as now conducted.

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         3.2.     Authorization of Agreement. If Shareholder is a corporation,
                  --------------------------
                  Shareholder has all corporate power and authority toexecute
                  and deliver this Agreement and to consummate the transactions
                  provided for herein and the execution and delivery of this
                  Agreement by Shareholder and the performance of its
                  obligations to be performed hereunder have been duly
                  authorized by all necessary and appropriate action by
                  Shareholder's Board of Directors. The execution and delivery
                  of this Agreement and the consummation of the transactions
                  contemplated hereby do not and will not conflict with or
                  result in a breach of, or constitute a default under, the
                  terms or conditions of Shareholder's Certificate of
                  Incorporation or Bylaws, or any order, judgment or decree or
                  any agreement or instrument to which Shareholder is a party or
                  by which Shareholder or its assets are bound or affected. This
                  Agreement is, and each other agreement and document to be
                  executed by Shareholder, will be when so executed, a valid and
                  binding obligation of Shareholder enforceable in accordance
                  with its terms.

         3.3.     Title to Rights. Shareholder has good, indefeasible and
                  ---------------
                  marketable title to the Rights, free and clear of all
                  mortgages, security interests, title retention agreements,
                  options to purchase, rights of first refusal, liens,
                  easements, encumbrances, restrictions and other burdens of any
                  nature whatsoever ("Liens"). The Rights are not subject to any
                  restrictions with respect to the transferability thereof and
                  Shareholder has complete and non-restricted power and right to
                  sell, assign, convey and deliver the Rights to SoftNet as
                  contemplated hereby. Upon payment of the Purchase Price,
                  SoftNet will receive good and marketable title to the Rights
                  free and clear of all Liens. Shareholder has not transferred
                  any right to the Rights to any other person.

     4.  Release. Shareholder, on behalf of itself and its respective officers,
         -------
         directors, stockholders, employees, insurers, agents, legal
         representatives, parent and subsidiary companies, successors, attorneys
         and assigns (if any) hereby fully and forever releases and discharges
         SoftNet and all of its past, present and future agents, officers,
         directors, employees, parent and subsidiary companies, attorneys,
         successors, and assigns from any and all manner of actions, causes of
         action, claims, judgments, obligations, damages and liabilities, of
         whatsoever kind and character (including without limitation attorneys'
         fees and expenses), whether known or unknown, suspected or unsuspected,
         past or present, occurring at any time or times prior to the date of
         this Agreement, including but not limited to any such claims arising
         out of or relating to the Merger Agreement and any acts or events
         involving SoftNet and Shareholder or its agents or employees.
         Shareholder represents and warrants that it has not assigned any such
         claim on its behalf. Further, by this Agreement, Shareholder waives any
         claim against SoftNet for damages or other remedies incurred at any
         time after the date of this Agreement because of alleged continuing
         effects of any alleged acts or omissions involving SoftNet that
         occurred on or before the date of this Agreement, and any right to sue
         for monetary or injunctive relief regarding the alleged continuing
         effects of any such acts or omissions that occurred before the date of
         this Agreement.

         4.1      Waiver of Section 1542. The Parties hereby expressly waive and
                  ----------------------
                  relinquish all rights and benefits under Section 1542 of the
                  California Civil Code which provides:

                  A general release does not extend to claims which the creditor
                  does not know or suspect to exist in his favor at the time of
                  executing the release, which if known by him must have
                  materially affected his settlement with the debtor.

                  The Parties, having consulted with legal counsel of their own
                  choosing, understands the statutory language of Section 1542
                  of the California Civil Code but nevertheless elects to and
                  hereby does release the other Party from all claims they may
                  have against them, and each of them, whether known or unknown,
                  arising from the subject matter of this Mutual Release, and
                  specifically waives any rights which she may have under said
                  Civil Code section.

5.       Miscellaneous
         -------------

     5.1.         Amendment and Severability. This Agreement may be amended,
                  --------------------------
                  modified or altered only by the express written agreement
                  executed by SoftNet and Shareholder. If any provision of this
                  Agreement or the application thereof to any party or
                  circumstances shall for any reason be held invalid, illegal,
                  or unenforceable in any respect, such invalidity, illegality,
                  or unenforceability shall not affect any other provisions of
                  this Agreement and this Agreement shall be construed as if
                  such invalid, illegal, or unenforceable provision had never
                  been part of this Agreement. Furthermore, in lieu of each such
                  illegal, invalid, or unenforceable provision, there shall be
                  added automatically as part of this

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                  Agreement a provision as similar in terms to such illegal,
                  invalid, or unenforceable provision as may be possible and be
                  legal, valid, and enforceable.

         5.2.     Benefit. This Agreement shall be binding upon and inure to the
                  -------
                  benefit and burden of the parties hereto, their successors and
                  assigns. This Agreement may not be assigned by any party
                  without the express written consent of the other party, which
                  consent may be withheld in the sole discretion of the party
                  requiring such consent.

         5.3.     No Third Party Beneficiaries. This Agreement shall be for and
                  -----------------------------
                  inure to the benefit of SoftNet and Shareholder and there
                  shall be no third party beneficiaries thereto. Specially
                  excluded from any beneficial status hereunder are
                  Shareholder's creditors, employees, customers and suppliers.

         5.4.     Governing Law and Forum. This Agreement shall be construed
                  -----------------------
                  under the laws of the state of California and any action to
                  enforce, construe or modify this Agreement shall be brought in
                  an appropriate court of competent jurisdiction in California.

         5.5.     Entire Agreement. This Agreement, together with the Exhibits,
                  ----------------
                  the Schedules and other documents to be delivered pursuant
                  hereto, constitute the entire agreement among the parties
                  hereto and there are no agreements, representations or
                  warranties which are not set forth herein. All prior
                  negotiations, agreements and understandings are superseded
                  hereby. All parties being represented by counsel, no one party
                  shall be deemed the drafter of this Agreement with respect to
                  its interpretation.

         5.6.     Paragraph Headings. The Section and paragraph headings
                  ------------------
                  contained in this Agreement are for reference purposes only
                  and shall not affect in any way the meaning or interpretation
                  of this Agreement.

         5.7.     Counterparts. This Agreement may be executed in one or more
                  ------------
                  counterparts, each of which shall be deemed an original but
                  all of which together shall constitute one and the same
                  instrument.

         5.8.     Attachments. All Exhibits, Schedules and attachments to this
                  -----------
                  Agreement are made a part of this Agreement by this reference.
                  Any information disclosed in an Exhibit, Schedule or
                  attachment shall be deemed to be disclosed and incorporated
                  into any other Exhibit, Schedule or attachment where such
                  disclosure would be appropriate.

         IN WITNESS WHEREOF, the parties have caused this Agreement to be
executed by their duly authorized representatives on the day and year first
above written.

                                 SOFTNET SYSTEMS, INC, a Delaware corporation

                                 By: _______________________________
                                   Steven M. Harris
                                   Senior Vice President

                                 SHAREHOLDER

                                        __________________________________

                                 NAME: ___________________________________
                                 ADDRESS:_________________________________
                                         _________________________________<PAGE>
                                                                Exhibit 10.18

         Financial Advisory Services Agreement With (212) Ventures, Inc.

                        (212) Ventures Engagement Letter
                        --------------------------------

                                                               February 6, 2001

SoftNet Systems, Inc.
650 Townsend St.
Suite 225
San Francisco, CA 94043

Ladies and Gentlemen:

     1.  This letter (the "Agreement") confirms the agreement of SoftNet
         Systems, Inc., and its subsidiaries (the "Company") to engage (212)
         Ventures, Inc. ("(212)") to serve as financial advisor to the Company
         and to render such financial and general business advice as may be
         agreed upon by the Company and (212). The engagement shall be for an
         initial term of approximately one month, commencing January 22, 2001
         and concluding upon the presentation to the Company's Board of
         Directors a summary of its analysis made during such time (the
         "Discovery Phase") during which (212) will work with the Company to
         formulate an initial analysis of the overall business, financial and
         legal status of the Company. Upon completion of the Discovery Phase,
         (212) shall present the Company's Board of Directors a summary of this
         analysis. Upon completion of the Discovery Phase, and unless the
         Agreement is terminated pursuant to paragraph 6 below, the Company
         agrees to extend the engagement on a month-to-month basis from the date
         of the expiration of Discovery Phase (the "Term") during which (212)
         will work with the Company to refine the initial analysis and provide
         ongoing and additional financial and general business advice to the
         Company as may be agreed by (212) and the Company.

     2.  The services covered by this Agreement do not include transactions such
         as business acquisitions or dispositions, financings (debt or equity)
         or other corporate transactions (including restructurings or
         recapitalizations) in which (212) acts as an agent or participates at
         the Company's request and for which it is customary to pay additional
         fees to financial advisors. If such a transaction does arise, the terms
         of any such additional advisory services provided by (212) shall be
         mutually agreed to by (212) and the Company.

     3.  For (212)'s services hereunder, the Company agrees to pay fees to (212)
         in cash as follows:

         (a)  $50,000 upon execution of this Agreement;

         (b)  $50,000 upon completion of the initial Discovery Phase of the
              Agreement and the commencement of the Term; and

         (c)  a one-time upfront fee and a non-cancelable monthly retainer fee,
              payable on the first day of each 30-day period beginning upon
              completion of the Discovery Phase of the Agreement and the
              commencement of the Term in an amount to be agreed upon, unless
              the Agreement is terminated pursuant to paragraph 14, hereof.

         In addition, the Company will reimburse (212), upon its request from
         time to time, for the expenses reasonably incurred by (212) in entering
         into and performing services pursuant to this Agreement (including,
         without limitation, travel, lodging, and business class transportation
         expenses, as well as the fees and disbursements of (212)'s counsel).

     4.  Prior to the end of each of the Discovery Phase and the Term, the
         Company will review with (212) the extent of the services (212) has
         provided under this Agreement. If it appears that the scope of (212)'s
         engagement has required the allocation of more resources than
         originally contemplated by the parties and represented by the fee
         described in this Section 3, the Company agrees to discuss with (212) a
         mutually acceptable adjustment to the fee to reflect such additional
         time. (212) will advise the Company as the engagement progresses if it
         appears that the time expended by (212) under this Agreement will
         exceed the parties' original expectations such that an additional fee
         may be warranted.

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     5.       In the event that (212) becomes involved in any capacity in any
              claim, suit, action, proceeding, investigation or inquiry
              (including, without limitation, any shareholder or derivative
              action or arbitration proceeding) (collectively, a "Proceeding")
              in connection with any advice or action rendered pursuant to this
              Agreement or arising out of the matters contemplated by, referred
              to in or relating to this Agreement, the Company will reimburse
              (212) for its legal and other expenses (including the cost of any
              investigation and preparation) as such expenses are incurred by
              (212) in connection therewith. The Company also agrees to
              indemnify, defend and hold (212) harmless, to the fullest extent
              permitted by law, from and against any losses, claims, damages,
              liabilities and expenses in connection with any matter in any way
              related to or referred to in this Agreement or arising out of the
              matters contemplated by this Agreement, unless it shall be finally
              determined by a court of competent jurisdiction in a judgment that
              has become final in that it is no longer subject to appeal or
              other review, that such losses, claims, damages, liabilities and
              expenses resulted solely out of the gross negligence or willful
              misconduct of (212). The Company shall, if requested by (212),
              assume the defense of any such claim, action, proceeding or
              investigation, including the employment of counsel reasonably
              satisfactory to (212). If such indemnification were for any reason
              not to be available, the Company agrees to contribute to the
              losses, claims, damages, liabilities and expenses involved in the
              proportion appropriate to reflect the relative benefits received
              or sought to be received by the Company and its stockholders and
              affiliates and other constituencies, on the one hand, and (212),
              on the other hand, in the matters contemplated by this Agreement.
              The Company agrees that for the purposes of this paragraph the
              relative benefits received, or sought to be received, by the
              Company and its stockholders and affiliates, on the one hand, and
              the party entitled to contribution, on the other hand, of a
              transaction as contemplated shall be deemed to be in the same
              proportion that the total value received or paid or contemplated
              to be received or paid by the Company or its stockholders or
              affiliates and other constituencies, as the case may be, as a
              result of or in connection with the transaction (whether or not
              consummated) for which (212) has been retained to perform
              financial services bears to the fees paid or to be paid to (212)
              under this Agreement; provided, that in no event shall the Company
              contribute less than the amount necessary to assure that (212) is
              not liable for losses, claims, damages, liabilities and expenses
              in excess of the amount of fees actually received by (212)
              pursuant to this Agreement. For purposes of this paragraph, (212)
              shall include all affiliates, each other person, if any,
              controlling (212) or any of its affiliates, and their respective
              officers, current and former directors, employees and agents, and
              the successors and assigns of all of the foregoing persons. The
              foregoing indemnity and contribution agreement shall be in
              addition to any rights that any indemnified party may have at
              common law or otherwise.

     6.       The Company also agrees that neither (212) nor any of its
              affiliates, directors, agents, employees or controlling persons,
              in their capacity as such, shall have any liability to the Company
              or any person asserting claims on behalf of or in right of the
              Company in connection with or as a result of either (212)'s
              engagement under this Agreement or any matter referred to in this
              Agreement except to the extent that any losses, claims, damages,
              liabilities or expenses incurred by the Company result from the
              gross negligence or willful misconduct of (212) in performing the
              services that are the subject of this Agreement.

     7.       None of (i) the name of (212) or any of its principals or
              affiliates, (ii) any advice rendered orally or in writing by (212)
              to the Company or (iii) any communication from (212) in connection
              with the services performed by (212) pursuant to this Agreement
              will be quoted or referred to orally or in writing by the Company
              or any of its affiliates or any of their agents, without (212)'s
              prior written consent. The Company understands that in rendering
              services hereunder (212) will be relying, without independent
              verification, on the accuracy and completeness of all information
              that is or will be furnished to (212) by or on behalf of the
              Company or any other person that may furnish information to (212),
              and (212) will not in any respect be responsible for the accuracy
              or completeness thereof and has no independent obligation to
              verify any such information.

     8.       (212) understands that the Company has disclosed or may disclose
              information which has commercial and other value in the Company's
              business and is confidential or proprietary in nature (including,
              without limitation, trade secrets, patents, patent applications,
              copyrights, know-how, processes, ideas, inventions (whether
              patentable or not), formulas, computer programs, databases,
              technical drawings, designs, algorithms, technology, circuits,
              layouts, designs, interfaces, materials, schematics, names and
              expertise of employees and consultants, any other technical,
              business, financial, customer and product development plans,
              supplier information, forecasts, strategies and other confidential
              information), which to the extent previously, presently or
              subsequently disclosed to the (212) is hereinafter referred to as
              "Proprietary Information" of the Company. Proprietary Information
              shall only include information that, if provided in a

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              tangible media, is conspicuously marked as proprietary or
              confidential and, in the case of information provided orally,
              shall only apply to such information if it is stated to be
              proprietary or confidential at the time of disclosure and such
              statement and information is summarized in writing within 30 days
              after disclosure.

     9.       (212) agrees (a) to hold the Proprietary Information in confidence
              and to take all precautions to protect such Proprietary
              Information as (212) employs with respect to its most confidential
              materials, but in no case shall (212) employ less than reasonable
              precautions, (b) not to disclose any such Proprietary Information
              or any information derived therefrom to any third person, (c) not
              to make any use whatsoever at any time of such Proprietary
              Information except for the sole limited business purposes of
              evaluating the Proprietary Information internally to perform
              (212)'s work for the Company and (d) not to copy or reverse
              engineer, or attempt to derive the composition or underlying
              information, structure or ideas of any such Proprietary
              Information. Any employee given access to any such Proprietary
              Information must have a legitimate "need to know" and shall be
              similarly bound in writing.

     10.      Without granting any right or license, the previous paragraph
              shall not apply with respect to any information that (212) can
              document (i) is or becomes (through no improper action or inaction
              by (212) or any affiliate, agent, consultant or employee)
              generally available to the public, or (ii) was in its possession
              or known by it prior to receipt from the Company or (iii) was
              rightfully disclosed to it by a third party without restriction.
              (212) may make disclosures required by court order provided (212)
              promptly notifies Company, uses reasonable efforts to limit
              disclosure and to obtain confidential treatment or a protective
              order and has allowed the Company to participate in the
              proceeding.

     11.      Immediately upon (a) the termination of (212)'s services as
              provided in paragraph 14 or (b) a request by the Company at any
              time (which will be effective when actually received or three days
              after mailed first class postage prepaid to (212)'s address
              herein), (212) will turn over to the Company all Proprietary
              Information of the Company and all documents or media containing
              any such Proprietary Information and any and all copies or
              extracts thereof. (212) understands that nothing herein (i)
              requires the disclosure of any Proprietary Information of the
              Company which shall be disclosed, if at all, solely at the option
              of the Company or (ii) requires the Company to proceed with any
              proposed transaction or business relationship in connection with
              which Proprietary Information may be disclosed.

     12.      Except to the extent required by law, neither party shall disclose
              the existence or subject matter of the negotiations or business
              relationship contemplated by this statement.

     13.      (212) acknowledges and agrees that due to the unique nature of the
              Company's Proprietary Information, there can be no adequate remedy
              at law for any breach of its obligations hereunder, that any such
              breach or any unauthorized use or release of any Proprietary
              Information will allow (212) or third parties to unfairly compete
              with the Company resulting in irreparable harm to the Company and
              therefore, that upon any such breach or any threat thereof, the
              Company shall be entitled to appropriate equitable relief in
              addition to whatever remedies it might have at law and to be
              indemnified by (212) from any loss or harm, including, without
              limitation, attorney's fees, in connection with any breach or
              enforcement of (212)'s obligations hereunder or the unauthorized
              use or release of any such Proprietary Information. (212) will
              notify the Company in writing immediately of any such unauthorized
              release or other breach of which it is aware.

     14.      (212)'s services hereunder may be terminated by the Company or
              (212) at any time during the Term upon 30 days prior written
              notice without additional liability or continuing obligation of
              the Company except that fees earned and expenses incurred by (212)
              as a result of services rendered prior to the date of termination
              shall become immediately payable in full. In addition, at the
              expiration of the Discovery Phase, the Company shall have the
              right to terminate by delivery of written notice the ongoing
              engagement of (212) prior to the commencement of the Term. Unless
              such written termination notice is received by (212) within 15
              days of the expiration of the Discovery Phase, the Company will be
              deemed to have extended the engagement of (212) for the duration
              of the Term, and the additional fees pursuant to paragraph 3 will
              become due and payable (subject to the first sentence of this
              paragraph 14). For the purpose of clarity, the provisions of
              paragraphs 5 and 6 hereof shall remain in full force and effect
              regardless of any termination pursuant to this paragraph.

     15.      The Company acknowledges and agrees that (212) has been retained
              to act solely as agent to the Company, and not as an agent of any
              other person, and the Company's engagement of (212) is not
              intended to confer

<PAGE>

              rights upon any person not a party hereto (including shareholders,
              employees or creditors of the Company) as against (212) or its
              affiliates, or their respective directors, officers, employees or
              agents, successors or assigns. (212) shall act as an independent
              contractor under this Agreement, and any duties arising out of its
              engagement shall be owed solely to the Company.

     16.      This Agreement and any claim, counterclaim or dispute of any kind
              or nature whatsoever arising out of or in any way relating to this
              Agreement ("Claim"), shall be governed by and construed in
              accordance with the laws of the State of New York. Except as set
              forth below, no Claim may be commenced, prosecuted or continued in
              any court other than (a) where (212) is the claimant, the courts
              of the State of New York located in the City and County of New
              York or in the United States District Court for the Southern
              District of New York, or (b) where the Company is the claimant,
              the courts of the State of California located in the City and
              County of San Francisco or in the United States District Court for
              the Northern District of California, which courts shall have
              exclusive jurisdiction over the adjudication of such matters, and
              the Company and (212) consent to the jurisdiction of such courts
              and personal service with respect thereto. The Company hereby
              consents to personal jurisdiction, service and venue in any court
              in which any Claim arising out of or in any way relating to this
              Agreement is brought by any third party against (212) or any
              indemnified party. Each of (212) and the Company waives all right
              to trial by jury in any Proceeding or counterclaim (whether based
              upon contract, tort or otherwise) in any way arising out of or
              relating to this Agreement. Each of (212) and the Company agrees
              that a final judgment in any such Proceeding or counterclaim
              brought in any such court shall be conclusive and binding upon
              (212) and the Company and may be enforced in any other courts to
              the jurisdiction of which (212) or the Company is or may be
              subject, by suit upon such judgment. The Company hereby appoints,
              without power of revocation, Ronald Simon, Chief Executive Officer
              of the Company, or any designee, to accept and acknowledge on its
              behalf service of any and all process, which may be served in any
              Proceeding arising out of or relating to this Agreement.

     17.      This Agreement shall be binding upon the Company and (212) and
              their respective successors and assigns and any successor or
              assign of any substantial portion of the Company's and (212)'s
              respective businesses and/or assets.

              If the foregoing correctly sets forth our understanding, please
     indicate your acceptance hereof in the space provided below, whereupon this
     Agreement and your acceptance shall constitute a binding agreement between
     us.

     ACCEPTED AND AGREED AS OF
     THE DATE FIRST ABOVE WRITTEN:

     (212) VENTURES, INC.                       SOFTNET SYSTEMS, INC.
     By:                                        By:

     __________________________________         ________________________________
                                                Name:  Ronald I. Simon
                                                Title:  Chairman and CEO

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