Document:

Exhibit 10.6

                            STOCK PURCHASE AGREEMENT

         THIS STOCK PURCHASE AGREEMENT (this "Agreement") is made as of this
31st day of August 2001 by and between AMERITREND CORPORATION, a Florida
corporation ("Ameritrend"), DANKA HOLDING COMPANY, a Delaware corporation (the
"Company"), and METHOD PRODUCTS CORP., a Florida corporation (the "Buyer").

                                   WITNESSETH:

         WHEREAS, the Company owns all of the issued and outstanding capital
stock of Ameritrend (the "Stock");

         WHEREAS, the Company desires to sell to the Buyer and the Buyer desires
to purchase from the Company all of the Stock subject to the terms and
conditions of this Agreement;

         NOW, THEREFORE, in consideration of the premises and the mutual
agreements and covenants herein contained, and other good and valuable
consideration, the receipt and sufficiency of which is acknowledged by the
parties hereto, the parties hereto covenant and agree as follows:

                                    ARTICLE I

          CLOSING; PRECLOSING DISTRIBUTIONS, PAYMENTS AND ASSUMPTIONS;
                                  SALE OF STOCK

         1.01. Closing. The Closing (the "Closing") of the transaction described
herein shall take place at 12 p.m. eastern daylight time at the offices of the
Company located in Atlanta, Georgia or such other location in the Atlanta,
Georgia vicinity as the parties may agree on or before August 31, 2001 (the
"Closing Date") unless a later date is agreed to by written consent of all
parties hereto .

         1.02. Payoff of Creditors; Distributions to the Company of Certain
Assets and Assumption by the Company of Certain Liabilities. At or prior to the
Closing, (a) Ameritrend shall assign, transfer or distribute to the Company the
following assets: (i) accounts receivable arising or accruing prior to the
Closing Date, (ii) any rights Ameritrend may have with respect to assets which
are not used primarily by Ameritrend, including, without limitation, the phone
equipment used in any of Ameritrend's locations which are jointly used by
Ameritrend and Ameritrend's affiliated companies in the conduct of their
business (and are not held by Ameritrend as inventory available for sale to its
customers), and (iii) cash and cash equivalents in banks, certificates of
deposit, commercial paper and securities owned by Ameritrend; and (b) Ameritrend
shall assign and the Company shall unconditionally assume those liabilities of
Ameritrend set forth in the Assignment and Assumption Agreement (the "Assignment
and Assumption Agreement") the form of which is attached hereto as Exhibit A and
made a part hereof. The Company agrees that after the Closing, the Company will
pay all trade accounts payable and employee salaries and expenses (other than
paid time off) arising or

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accruing prior to the Closing, which payments shall be in the ordinary course of
business consistent with Ameritrend's past practice and in a manner which shall
not adversely affect Ameritrend's ongoing ordinary course of business. The
parties acknowledge and agree that all liabilities and obligations relating to
deferred service revenue shall not be assumed by the Company (except with
respect to any deferred service liabilities relating to the matters assumed by
the Company in the Assignment and Assumption Agreement) and such liabilities and
obligations shall be the sole responsibility of Ameritrend after the Closing.

         1.03 Purchase of Stock. Upon and subject to the terms and conditions of
the Agreement, Buyer agrees to purchase and accept delivery from the Company of,
and the Company agrees to sell, assign, transfer and deliver to Buyer, at the
Closing, all of the issued and outstanding Stock, free and clear of all liens,
pledges, security interests, claims, charges, restrictions, equities or
encumbrances of any kind whatsoever. The Company shall deliver to Buyer at
Closing the certificate or certificates representing the Stock owned by the
Company, duly endorsed in blank by the Company, or accompanied by a duly
endorsed stock power in blank, and with all necessary transfer tax and other
revenue stamps, acquired at the Company's expense, affixed and canceled. The
Company agrees to cure any deficiencies with respect to the endorsement of the
certificates or other documents of conveyance with respect to such Stock or with
respect to the stock power accompanying any of the Stock.

         1.04. Purchase Price. The total purchase price for the Stock shall be
One Million Dollars ($1,000,000) (the "Purchase Price"), and shall be payable,
pursuant to Buyer's secured promissory note (the "Promissory Note"), the form of
which is attached hereto as Exhibit B and made a part hereof, in favor of the
Company. Such Promissory Note and the principal amount set forth therein shall
be paid in increments within five (5) business days of Buyer's receipt of
cleared funds from the sale of any of the inventory owned by Ameritrend as of
the Closing, identified in Schedule 2.01 (h) hereto, equal to the purchase price
paid by Ameritrend and/or the Company to the distributor of such inventory, as
such purchase price is represented on Schedule 2.01 (h), and in any event, no
later than 180 days following the Closing. Buyer shall provide to the Company a
written report on the first business day of each month while the Promissory Note
is not paid in full, describing the amount and type of inventory sold in the
immediately preceding month and the sales proceeds therefrom, certified as true
and correct by Buyer's Chief Executive Officer. The Promissory Note and the
obligation represented thereby shall be secured by: (a) all of the assets of
Ameritrend existing as of the Closing (the "Assets") which will be the subject
of a security agreement executed by and between Ameritrend and the Company (the
"Security Agreement") the form of which is attached hereto as Exhibit C and made
a part hereof, and (b) a pledge of the Stock, which will be the subject of a
stock pledge agreement executed by and between Buyer and the Company (the "Stock
Pledge Agreement") the form of which is attached hereto as Exhibit D and made a
part hereof.

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                                   ARTICLE II

                         REPRESENTATIONS AND WARRANTIES

         2.01. Representations and Warranties of Ameritrend. Ameritrend hereby
makes the following representations and warranties to Buyer as of the date of
this Agreement through the Closing:

                  (a) Authority. Ameritrend is a Florida corporation duly
organized, validly existing and in good standing under the laws of the state in
which it is organized. Ameritrend has all requisite power and authority and the
legal right to own its properties and to conduct its business as currently
conducted, and to execute, deliver and perform this Agreement. Ameritrend's
execution, delivery, and performance of this Agreement has been duly and validly
authorized by all necessary action on the part of Ameritrend. This Agreement has
been duly executed and delivered by Ameritrend and constitutes the legal, valid
and binding obligation of Ameritrend enforceable in accordance with its terms
against Ameritrend except as may be limited by laws affecting the enforcement of
creditors' rights or equitable principles generally.

                  (b) No Restrictions Against Performance. Neither the
execution, delivery, or performance of this Agreement by Ameritrend, or the
consummation of the transactions described herein will, with or without the
giving of notice or the passage of time, or both, violate any provisions of,
conflict with, result in a breach of, constitute a default under, or result in
the creation or imposition of any Lien or condition under, (i) any and all
organizational documents of Ameritrend, including as applicable, Ameritrend's
articles of incorporation and bylaws, as same may be amended; (ii) any federal,
state or local law, statute, ordinance, regulation or rule, which is or may be
applicable to Ameritrend, the Assets or the Stock; (iii) any contract,
indenture, instrument, agreement, mortgage, lease, right or other obligation or
restriction to which Ameritrend is a party or by which Ameritrend, the Stock or
the Assets is or may be bound; or (iv) any order, judgment, writ, injunction,
decree, license, franchise, permit or other authorization of any federal, state
or local court, arbitration tribunal or governmental agency by which Ameritrend,
the Stock or the Assets is or may be bound. The execution and delivery of this
Agreement by Ameritrend and the performance by Ameritrend of the transactions
described herein will not constitute an act of bankruptcy, preference,
insolvency or fraudulent conveyance under any bankruptcy act or other law for
the protection of debtors or creditors.

                  (c) Third-Party and Governmental Consents. No approval,
consent, waiver, order or authorization of, or registration, qualification,
declaration, or filing with, or notice to, any federal, state or local
governmental authority or other third party is required in connection with
Ameritrend's execution of this Agreement or the consummation of the transactions
described herein except: (i) the approval of the Company, which constitutes
Ameritrend's sole shareholder, which approval shall be evidenced by the
execution of this Agreement by a duly authorized representative of the

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Company; (ii) the consent of the lessor relating to premises located at 3710
Park Central Boulevard North, Pompano Beach, FL 33064 (the "Pompano Office")
which are leased by Ameritrend's affiliate and used and occupied by Ameritrend;
(iii) the consent of certain lessors of equipment constituting a portion of the
Assets which is subject of equipment leases, and (iv) the consent of
Ameritrend's and the Company's financial institution lenders under their credit
facility, and release of all Uniform Commercial Code security interests in
connection therewith.

                  (d) Capitalization. The authorized capital stock of Ameritrend
consists of One Thousand (1,000) shares of common stock, of which One Thousand
(1,000) shares are issued and outstanding. The Company owns all One Thousand
(1,000) of the issued and outstanding shares of the Stock, free and clear of all
security interests, liens, adverse claims, encumbrances, equities, proxies and
shareholder agreements. Each outstanding share of Stock has been legally and
validly issued and is fully paid and nonassessable. No shares of the Stock are
owned by Ameritrend in treasury. No shares of the Stock have been issued or
disposed of in violation of the preemptive rights, rights of first refusal or
similar rights of any of Ameritrend's stockholders. Ameritrend has no bonds,
debentures, notes or other obligations the holders of which have the right to
vote (or are convertible into or exercisable for securities having the right to
vote) with the stockholders of Ameritrend on any matter.

                  (e) Transactions in Capital Stock. There exist no options,
warrants, subscriptions or other rights to purchase, or securities convertible
into or exchangeable for, any of the authorized or outstanding securities of
Ameritrend, and no option, warrant, call, conversion right or commitment of any
kind exists which obligates Ameritrend to issue any of its authorized but
unissued capital stock. Ameritrend has no obligation (contingent or otherwise)
to purchase, redeem or otherwise acquire any of its equity securities or any
interests therein or to pay any dividend or make any distribution in respect
thereof.

                  (f) Continuity of Business Enterprise. Except as described by
this Agreement, there has not been any sale, distribution or spin-off of
significant assets of Ameritrend other than in the ordinary course of business
within the two (2) year period preceding the date of this Agreement.

                  (g) Corporate Records. The copies of the articles of
incorporation and bylaws, and all amendments thereto, of Ameritrend that have
been delivered or made available to Buyer are true, correct and complete copies
thereof, as in effect on the date hereof. The minute books of Ameritrend, copies
of which have been delivered or made available to Buyer, contain accurate
minutes of all meetings of, and accurate consents to all actions taken without
meetings by, the Board of Directors (and any committees thereof) and the
stockholder(s) of Ameritrend in the three (3) years prior to the Closing Date,
and contain all other material minutes and consents of the directors and
stockholders of Ameritrend since its formation. On or prior to the Closing Date,
Ameritrend shall deliver to the Buyer any and all additional corporate records
of

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Ameritrend, including but not limited to all invoices, purchase orders, customer
contracts, human resources records, insurance policies currently in effect and
issued to Ameritrend, and tax returns of every type and nature.

                  (h) Title. Ameritrend has good, valid, marketable, legal and
beneficial title to all of the Assets (except with respect to equipment which is
leased pursuant to the leases described in Section 2.01(c) hereof) and all of
the Assets shall be at Closing free and clear of all liens, liabilities, claims,
mortgages, obligations, restrictions, or other encumbrances of any kind or
nature (collectively, "Liens"), of any nature whatsoever, whether absolute,
legal, equitable, accrued, contingent or otherwise, including without limitation
any rights of first refusal as to any of the Assets. A complete and accurate
list of the inventory, equipment, furniture, furnishings, fixtures, customer and
supplier contracts, equipment leases, trademarks, service marks and Internet
domain names constituting a portion of the Assets is attached hereto as Schedule
2.01(h). Except with respect to Liens affecting the Assets, any and all of which
shall be released at or prior to the Closing, there are no outstanding options,
warrants, commitments, agreements or any other rights of any character,
entitling any person or entity other than Buyer to acquire any interest in all,
or any part of, the Assets.

                  (i) Orders and Decrees. None of Ameritrend, the Stock or any
of the Assets is subject to any judicial or administrative order, ordinance or
zoning restriction which would adversely affect, or impose any condition on,
Ameritrend, the Stock, the Assets, or the transactions described herein.

                  (j) Compliance with Laws. Ameritrend is in compliance in all
material respects with all applicable laws, rules, regulations and
administrative orders of (i) the United States, (ii) Florida and any other
states and/or other jurisdictions in which it transacts business, and (iii) any
municipality, county, or subdivision, to which Ameritrend, the Stock or any of
the Assets is or may be subject.

                  (k) Insurance. To the extent insurable, Ameritrend and the
Assets are insured by Ameritrend under policies of general liability, umbrella
liability, property/all risk, boiler and machinery, comprehensive crime and wind
deductible buy down in such amounts and against such risks and losses as are
reasonable and adequate for Ameritrend and the Assets. Ameritrend shall maintain
such insurance in full force and effect until and including the Closing Date.

                  (l) Taxes. Ameritrend has since its inception prepared and
filed all United States income tax returns and reports and all state, local and
municipal tax returns and reports of every nature that are required to be filed
by it and has paid or made provisions for the timely payment of all taxes and/or
other charges, however characterized, that have become due pursuant to such
returns and reports, including but not limited to unemployment compensation,
property, payroll and sales taxes. None of such returns or reports are subject
to any pending audit by any regulatory authority, including but not limited to
the Internal Revenue Service (the "IRS") nor has

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the IRS or any other regulatory authority made any pending inquiry of, reviewed
or otherwise investigated same (to the extent that any of such audits or
inquiries have been made in the past, the results of such audits and inquiries
will not adversely affect Ameritrend currently or in the future). No deficiency,
assessment or proposed adjustment of any of such taxes and/or charges, however
characterized, is pending or, to Ameritrend's knowledge, threatened, nor are any
investigations by any regulatory authorities pending or, to Ameritrend's
knowledge, threatened pertaining thereto. Ameritrend has not received nor is it
otherwise aware of, any written notices or other inquiries, written or oral,
relating to any taxes and/or other charges, however characterized, from any
regulatory authority, which may adversely impact Ameritrend, the Stock, the
Assets or the transactions described in this Agreement.

                  (m) Personal Property and Equipment.  The personal property
and equipment comprising a portion of the Assets are in good working order
(ordinary wear and tear excepted).

                  (n) Employment Matters. Except as set forth in Schedule
2.01(n) hereof, the consummation of the transactions described hereby will not
cause Ameritrend or the Buyer to incur or suffer any liability relating to, or
obligation to pay, any severance, termination or other payment of any type
whatsoever, however characterized, including but not limited to payroll
withholding taxes, to any person or entity. Except as set forth in Schedule
2.01(n) hereof, no employee of Ameritrend has any contractual right to continued
employment by Ameritrend following the consummation of the sale and transfer of
the Stock pursuant to this Agreement, the Buyer shall be free to offer
employment to the employees of Ameritrend, and Ameritrend shall be free to
continue the employment of such employees. Set forth in Schedule 2.01(n) is an
accurate and complete list of all employees employed by Ameritrend showing as to
each the nature of the employee's job, years of service, the amount or rate of
compensation, all accruals of vacation, personal days, sick leave, and any other
benefits due the employee and other matters which may be reasonably required by
the Buyer. Ameritrend is not a contributing employer under any multi employer
plan (as such term is defined in Section 3(37) of the Employee Retirement Income
Security Act of 1974, as amended, nor has it withdrawn from participation in any
such plan after 1979. Ameritrend has not entered into any agreement to provide,
nor does it otherwise have any obligation to provide, any individual and/or his
designated beneficiary with any medical, life insurance or other fringe
benefits, other than the health insurance plans described in the Ameritrend
benefits booklet previously delivered by Ameritrend to Buyer. Except for such
health insurance benefits, Ameritrend does not maintain or sponsor any employee
benefit plans (including without limitation, any pension plans, cafeteria plans,
401(k) plans, stock option plans, severance plans or profit sharing plans) for
the benefit of its employees.

                  (o) Litigation. Except as set forth in Schedule 2.01(o)
attached hereto and made a part hereof, there is no judicial or administrative
action, suit or proceeding, pending, or to Ameritrend's knowledge, threatened
against or relating to Ameritrend, the

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<PAGE>

Stock or the Assets, before any federal, state or local court, arbitration
tribunal or governmental authority which could, individually or in the
aggregate, (i) result in the voluntary or involuntary transfer of any of the
Stock or the Assets; or (ii) adversely affect Ameritrend, the Stock or the
Assets. Ameritrend knows of no reasonable basis for any such action, suit,
proceeding or any governmental investigation relating to the same.

                  (p) Absence of Undisclosed Liabilities. As of the Closing
Date, Ameritrend will not to its knowledge have any liabilities or obligations,
either direct or indirect, matured or unmatured or absolute, contingent or
otherwise, except those liabilities and obligations: (i) associated with
executory contracts entered into by Ameritrend with its customers (which
liabilities include, without limitation deferred service revenue obligations),
(ii) arising or accruing after the Closing relating to the equipment leases and
the real property lease for the Pompano Office described in Section 2.01(c) of
this Agreement, (iii) disclosed in the Assignment and Assumption Agreement; (iv)
owed to the Company (or its affiliated entities) as expressly provided in this
Agreement and (v) relating to employment arrangements with Ameritrend's
employees identified in Schedule 2.01(n) hereof for: (1) paid time off accruing
prior to the actual date of Closing, (2) any severance due in connection with
the termination of the employee's employment on or after the Closing Date; and
(3) payroll, any required withholding related thereto and any and all
obligations with respect to such employees arising from and after the Closing.
For purposes of this Agreement, the term "liabilities" shall include, without
limitation, any direct or indirect indebtedness, guaranty, endorsement, claim,
loss, damage, deficiency, cost, expense, obligation or responsibility, fixed or
unfixed, known or unknown, asserted or unasserted, choate or inchoate,
liquidated or unliquidated, secured or unsecured.

                  (q) Absence of Changes. Except as set forth in Schedule
2.01(q) or as described in this Agreement, since July 31, 2001, Ameritrend has
not:

                           (i) incurred any liabilities, other than liabilities
incurred in the ordinary course of business consistent with past practice, or
discharged or satisfied any lien or encumbrance, or paid any liabilities, other
than in the ordinary course of business consistent with past practice, or failed
to pay or discharge when due any liabilities of which the failure to pay or
discharge has caused or will cause any material damage or risk of material loss
to Ameritrend or any of the Assets;

                           (ii) sold, encumbered, assigned or transferred any
assets or properties;

                           (iii) created, incurred, assumed or guaranteed any
indebtedness for money borrowed, or mortgaged, pledged or subjected any of the
Assets to any mortgage, lien, pledge, security interest, conditional sales
contract or other encumbrance of any nature whatsoever;

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                           (iv) made or suffered any amendment or termination of
any material agreement, contract, commitment, lease or plan to which it is a
party or by which it is bound, or canceled, modified or waived any substantial
debts or claims held by it or waived any rights of substantial value, whether or
not in the ordinary course of business;

                           (v) suffered any damage, destruction or loss, whether
or not covered by insurance, materially and adversely affecting Ameritrend and
its operations, prospects or condition (financial or otherwise) or suffered any
repeated, recurring or prolonged shortage, cessation or interruption of supplies
or utility or other services required to conduct its business;

                           (vi) suffered any material adverse change in its
operations, prospects or condition (financial or otherwise);

                           (vii) received notice or had knowledge of any actual
or threatened labor trouble, strike or other occurrence, event or condition of
any similar character which has had or might have an adverse effect on
Ameritrend or its operations, prospects or condition (financial or otherwise);

                           (viii) increased or decreased the salaries or other
compensation of, or made any advance (excluding advances for ordinary and
necessary business expenses) or loan to, any of its employees or made any
increase in, or any addition to, other benefits to which any of its employees
may be entitled other than in the ordinary course of business consistent with
past practice;

                           (ix) changed any of the accounting principles
followed by it or the methods of applying such principles; or

                           (x) entered into any transaction other than in the
ordinary course of business consistent with past practice.

                  (r) Commitments. Except as otherwise disclosed pursuant to
this Agreement, Ameritrend is not a party to or bound by, nor are the Assets
bound by, whether or not in writing, any of the following:

                           (i) partnership or joint venture agreement;

                           (ii) guaranty or suretyship, indemnification or
contribution agreement or performance bond;

                           (iii) debt instrument, loan agreement or other
obligation relating to indebtedness for borrowed money or money lent or to be
lent to another;

                           (iv) contract to purchase real property;

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                           (v) agreement relating to any material matter or
transaction in which an interest is held by a person or entity that is an
affiliate of Ameritrend;

                           (vi) agreement for the acquisition of services,
supplies, equipment, inventory, fixtures or other property, or agreements with
public relations or advertising agencies, accountants or attorneys (other than
in connection with this Agreement and the transactions described herein)
involving more than $2,000 in the aggregate;

                           (vii) powers of attorney;

                           (viii) contracts containing non-competition
covenants;

                           (ix) any license or other agreement, written or oral,
pertaining to the use of the name "Ameritrend" or any derivative thereof,
trademark or logo; or

                           (x) any other agreement or commitment not made in the
ordinary course of business or that is material to the business, operations,
condition (financial or otherwise) or results of operations of Ameritrend.

                  (s) Financial Statements. The financial statements of
Ameritrend for the fiscal years ended March 31, 1999, March 31, 2000, and March
31, 2001 and for the stub period July 31, 2001, attached hereto as Exhibits E,
F, G and H, are true and correct, accurately reflect Ameritrend's business and
operations for the periods stated therein, and have been prepared in accordance
with U.S. generally accepted accounting principles ("GAAP").

                  (t) No Material Misrepresentations or Omissions. No
representation, warranty or covenant made by Ameritrend in this Agreement or in
any written statement or certificate furnished to or to be furnished to the
Buyer pursuant to this Agreement or in connection with the transactions
described in this Agreement contains or will contain any untrue statement of a
material fact or omits or will omit to state a material fact necessary to make
the statements made not misleading. All books, written statements, documents and
records furnished or given by Ameritrend to the Buyer and its authorized
representatives and agents during the negotiation of or preparatory to the
execution of this Agreement and the consummation of the transactions described
herein contain no material misrepresentations or omit material facts necessary
to make such statements and materials not misleading.

         2.02. Representations and Warranties of Company. Company hereby makes
the following representations and warranties to Buyer as of the date of this
Agreement through the Closing:

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                  (a) Authority. Company is a Delaware corporation duly
organized, validly existing and in good standing under the laws of the state in
which it is organized.

Company has all requisite power and authority and the legal right to own its
properties and to conduct its business as currently conducted, and to execute,
deliver and perform this Agreement. Company's execution, delivery, and
performance of this Agreement has been duly and validly authorized by all
necessary action on the part of the Company. This Agreement has been duly
executed and delivered by Company and constitutes the legal, valid and binding
obligation of Company enforceable in accordance with its terms against Company
except as may be limited by laws affecting the enforcement of creditors' rights
or equitable principles generally.

                  (b) No Restrictions Against Performance. Neither the
execution, delivery, or performance of this Agreement by Company, or the
consummation of the transactions described herein will, with or without the
giving of notice or the passage of time, or both, violate any provisions of,
conflict with, result in a breach of, constitute a default under, or result in
the creation or imposition of any Lien or condition under, (i) any and all
organizational documents of Company, including as applicable, Company's
certificate of incorporation and bylaws, as same may be amended; (ii) any
federal, state or local law, statute, ordinance, regulation or rule, which is or
may be applicable to Company and/or the Stock and/or the Assets; (iii) any
contract, indenture, instrument, agreement, mortgage, lease, right or other
obligation or restriction to which Company is a party or by which Company and/or
the Stock and/or the Assets is or may be bound; or (iv) any order, judgment,
writ, injunction, decree, license, franchise, permit or other authorization of
any federal, state or local court, arbitration tribunal or governmental agency
by which Company and/or the Stock and/or the Assets is or may be bound. The
execution and delivery of this Agreement by Company and the performance by
Company of the transactions described herein will not constitute an act of
bankruptcy, preference, insolvency or fraudulent conveyance under any bankruptcy
act or other law for the protection of debtors or creditors.

                  (c) Third-Party and Governmental Consents. No approval,
consent, waiver, order or authorization of, or registration, qualification,
declaration, or filing with, or notice to, any federal, state or local
governmental authority or other third party is required in connection with the
Company's execution of this Agreement or the consummation of the transactions
described herein; provided, however, that the parties hereto acknowledge that
the (i) consent of the Company's lenders under the Company's credit facility is
required to consummate the transactions described in this Agreement, which
consent shall be delivered at Closing; and (ii) the consent of equipment lessors
may be required in connection with the transactions described in this Agreement,
which consents the Company shall use its best efforts to obtain after Closing.

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                  (d) Account Payables of Ameritrend; Intercompany Loans and
Payables. . The Company agrees to guarantee and timely pay all account payables
and other liabilities of Ameritrend set forth in Section 1.02 of this Agreement
and/or the Assignment and Assumption Agreement after the Closing so as to not
adversely affect Ameritrend's ongoing ordinary course of business. Concurrent
with the Closing, the Company shall be deemed, without any further action, to
forgive any and all intercompany loans and payables otherwise outstanding, due
or owing by Ameritrend to the Company and/or any Company subsidiary and/or
otherwise related person and/or entity.

                  (e) Confirmation of Representation and Warranties of
Ameritrend. The Company confirms each of the representations and warranties set
forth above by Ameritrend.

                  (f) Litigation. There is no judicial or administrative action,
suit or proceeding, pending, threatened against or relating to the Company
and/or Ameritrend which could effect the Stock or the Assets, before any
federal, state or local court, arbitration tribunal or governmental authority
which could, individually or in the aggregate, (i) result in the voluntary or
involuntary transfer of any of the Stock or the Assets; or (ii) adversely affect
the Stock or the Assets. The Company knows of no reasonable basis for any such
action, suit, proceeding or any governmental investigation relating to the same.

                  (g) Tax Returns; Audits and Related Matter The Company will
cause, at its expense, all Ameritrend tax returns for the fiscal year ended
March 31, 2001 to be professionally prepared and delivered, to Buyer on or prior
to November 1, 2001 for the Buyer's review. The Company, recognizing the need
for the Buyer to secure audited historical financial statements for Ameritrend,
will cooperate and cause its appropriate personnel to cooperate with the Buyer
and Ameritrend in connection with an audit of Ameritrend's historical financial
statements performed in accordance with generally accepted auditing standards.
The Company will cooperate with th Buyer and make and timely file with the IRS
an election pursuant to Section 338 of the Internal Revenue Code of 1986, as
amended, if so requested by the Buyer.

                  (h) Investment Representations of Company. The Company
understands that the Promissory Note is not registered under the Securities Act
of 1933, as amended (the "Securities Act"), or any state securities laws. The
Company represents and warrants that it is an "accredited investor" and
"sophisticated investor" as defined under the Securities Act and state "Blue
Sky" laws. The Company represents and warrants that the Promissory Note to be
acquired by Company upon consummation of the transactions described in this
Agreement will be acquired by Company's own account, not as a nominee or agent,
and without a view to resale or other distribution within the meaning of the
Securities Act and the rules and regulations thereunder, and that Company will
not distribute the Promissory Note in violation of the Securities Act. The
Company represents and warrants to Buyer that Company has

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such knowledge and experience in financial and business matters such that
Company is capable of evaluating the merits and risks of Company's investment in
any the Promissory Note to be acquired by Company upon consummation of the
transactions described in this Agreement. The Company confirms that it has had
the opportunity to ask questions of and receive answers from Buyer and its
officers and directors concerning the terms and conditions of Company's
investment in the Promissory Note, that it has reviewed Buyer's public filings
made with the U.S. Securities Exchange Commission under the Securities Exchange
Act of 1934, as amended, for the period July 1, 2000 through the Closing Date,
and Company has received to its satisfaction, such additional information, about
Buyer's operations as Company has requested.

                  (i) No Material Misrepresentations or Omissions. No
representation, warranty or covenant made by the Company in this Agreement or in
any written statement or certificate furnished to or to be furnished to the
Buyer pursuant to this Agreement or in connection with the transactions
described in this Agreement contains or will contain any untrue statement of a
material fact or omits or will omit to state a material fact necessary to make
the statements made not misleading. All books, written statements, documents and
records furnished or given by the Company to the Buyer and its authorized
representatives and agents during the negotiation of or preparatory to the
execution of this Agreement and the consummation of the transactions described
herein contain no material misrepresentations or omit material facts necessary
to make such statements and materials not misleading.

         2.03. Representations and Warranties of Buyer. Buyer hereby makes the
following representations and warranties to Ameritrend and the Company as of the
date of this Agreement through the Closing:

                  (a) Authority. Buyer is a Florida corporation duly organized,
validly existing and in good standing under the laws of the state in which it is
organized. Buyer has all requisite power and authority and the legal right to
own its properties and to conduct its business as currently conducted, and to
execute, deliver and perform this Agreement. Buyer's execution, delivery, and
performance of this Agreement has been duly and validly authorized by all
necessary action on the part of the Buyer. This Agreement has been duly executed
and delivered by Buyer and constitutes the valid and binding obligation of Buyer
enforceable in accordance with its terms against Buyer except as may be limited
by laws affecting the enforcement of creditors' rights or equitable principles
generally.

                                       12
<PAGE>

                  (b) No Restrictions Against Performance. Neither the
execution, delivery, or performance of this Agreement by Buyer, nor the
consummation of the transactions described herein will, with or without the
giving of notice or the passage of time, or both, violate any provisions of,
conflict with, result in a breach of, constitute a default under, or result in
the creation or imposition of any Lien or condition under, (i) Buyer's
organizational documents; (ii) any federal, state or local law, statute,
ordinance, regulation or rule, which is applicable to Buyer; (iii) any contract,
indenture, instrument, agreement, mortgage, lease, right or other obligation or
restriction to which Buyer is a party or by which Buyer is bound or to which the
shareholder(s) of the Buyer is/are a party or otherwise bound; or (iv) any
order, judgment, writ, injunction, decree, license, franchise, permit or other
authorization of any federal, state or local court, arbitration tribunal or
governmental agency by which Buyer is bound. The execution and delivery of this
Agreement by Buyer and the performance by Buyer of the transactions described
herein will not constitute an act of bankruptcy, preference, insolvency or
fraudulent conveyance under any bankruptcy act or other law for the protection
of debtors or creditors.

                  (c) Third-Party and Governmental Consents. No approval,
consent, waiver, order or authorization of, or registration, qualification,
declaration, or filing with, or notice to, any federal, state or local
governmental authority or other third party is required on the part of Buyer in
connection with the execution of this Agreement or the consummation of the
transactions described herein, or has otherwise been obtained prior to Closing.

                  (d) Written Report to be Provided to Company Concerning Sale
of Inventory Purchased by Buyer from Ameritrend. Buyer shall cause its Chief
Executive Officer to timely provide to the Company the written monthly report
required pursuant to Article I, Section 1.04 hereof.

                  (e) Investment Representations of Buyer. Buyer understands
that the Stock is not registered under the Securities Act of 1933, as amended
(the "Securities Act"), or any state securities laws. Buyer warrants that it is
an "accredited investor" or "sophisticated investor" as defined under the
Securities Act and state "Blue Sky" laws, or that Buyer has utilized, to the
extent necessary to be deemed a sophisticated investor under the Securities Act
and State "Blue Sky" laws, the assistance of a professional advisor. Buyer
represents and warrants that the Stock to be acquired by Buyer upon consummation
of the transactions described in this Agreement will be acquired by Buyer's own
account, not as a nominee or agent, and without a view to resale or other
distribution within the meaning of the Securities Act and the rules and
regulations thereunder, and that Buyer will not distribute any of the Stock in
violation of the Securities Act. Buyer represents and warrants to Ameritrend and
the Company that Buyer, either alone or together with the assistance of Buyer's
own professional advisor, has such knowledge and experience in financial and
business matters such that Buyer is capable of evaluating the merits and risks
of Buyer's investment in any of the Stock

                                       13
<PAGE>

to be acquired by Buyer upon consummation of the transactions described in this
Agreement. Buyer confirms that it has had the opportunity to ask questions of
and receive answers from Ameritrend and the Company concerning the terms and
conditions of Buyer's investment in the Stock, and Buyer has received to its
satisfaction, such additional information, about Ameritrend's operations as
Buyer has requested.

                  (f) No Material Misrepresentations or Omissions. No
representation, warranty or covenant made by Buyer in this Agreement or in any
written statement or certificate furnished to or to be furnished to the Company
or Ameritrend pursuant to this Agreement or in connection with the transactions
described in this Agreement contains or will contain any untrue statement of a
material fact or omits or will omit to state a material fact necessary to make
the statements made not misleading. All books, statements, documents and records
furnished or given by Buyer to the Company or Ameritrend and their respective
authorized representatives and agents during the negotiation of or preparatory
to the execution of this Agreement and the consummation of the transactions
described herein contain no material misrepresentations or omissions of material
facts.

                                   ARTICLE III

                                    COVENANTS

         3.01. Ameritrend's Covenants. Ameritrend hereby covenants and agrees
that:

                  (a) Conduct of Business. From the date hereof until Closing,
Ameritrend shall:

                           (i) maintain and preserve the Assets in a reasonable
and prudent manner, in the ordinary and usual course in which it has been
conducted in the past, including but not limited to maintaining insurance
coverage for the Assets (to the extent insurable); provided however, that
Ameritrend may continue to market and sell its inventory comprising a portion of
the Assets in the ordinary and usual course in which Ameritrend has conducted
business in the past, and otherwise conduct its business in the ordinary and
usual course;

                           (ii) not create, assume, or incur any indebtedness,
make any expenditures or enter into any commitments with respect to or affecting
itself or the Assets, except as otherwise provided in this Agreement or in the
ordinary course of business;

                           (iii) not sell, transfer, dispose of, or create or
suffer any Lien on the Assets, except as expressly described in this Agreement
and except as may be approved by Buyer in advance; and

                                       14
<PAGE>

                           (iv) not take any other action which would have an
adverse effect its business or the Assets, including without limitation the
value or condition thereof.

                  (b) Liabilities for Salaries and Related Withholding.
Ameritrend shall pay off or satisfy on or prior to the Closing Date all
liabilities for salary and required withholding that accrued prior to the
Closing Date and for fringe benefits, other than paid time off, that accrued
prior to the Closing Date.

                  (c) Further Assurances. Ameritrend agrees, without further
consideration, to execute and deliver such other instruments of transfer and
take such other action, at Ameritrend's expense, as Buyer may reasonably request
in order to put Buyer in possession of, and to vest in Buyer, good, valid, and
unencumbered title to the Stock and the Assets in accordance with this Agreement
and to consummate the transactions described in this Agreement.

                  (d) Best Efforts. Ameritrend represents that it shall use its
best efforts to close pursuant to the terms of this Agreement by the Closing
Date.

         3.02 Company's Covenants.  The Company hereby covenants and agrees
that:

                  (a) Conduct of Ameritrend's Business. From the date hereof
until Closing, the Company shall cause Ameritrend to:

                           (i) maintain and preserve Ameritrend's business and
the Assets in a reasonable and prudent manner, in the ordinary and usual course
in which it has been conducted in the past, including but not limited to
maintaining insurance coverage for the Assets (to the extent insurable);
provided however, that Ameritrend may continue to market and sell its inventory
comprising a portion of the Assets in the ordinary and usual course in which
Ameritrend has conducted business in the past;

                           (ii) not create, assume, or incur any indebtedness,
make any expenditures or enter into any commitments with respect to or affecting
Ameritrend, the Stock or the Assets, except in the ordinary course of business;

                           (iii) not sell, transfer, dispose of, or create or
suffer any Lien on the Stock or the Assets, except as expressly described in
this Agreement and except as may be approved by Buyer in advance; and

                           (iv) not take any other action which would have an
adverse effect on Ameritrend, the Stock, or the Assets, including without
limitation the value or condition thereof.

                  (b) Further Assurances. The Company agrees, without further
consideration, to execute and deliver such other instruments of transfer and
take such other action, and to cause Ameritrend to execute and deliver such
other instruments of

                                       15
<PAGE>

transfer and take such other action, at the Company's and/or Ameritrend's
expense, as Buyer may reasonably request in order to put Buyer in possession of,
and to vest in Buyer, good, valid, and unencumbered title to the Stock in
accordance with this Agreement and to consummate the transactions described in
this Agreement.

                  (c) Best Efforts. The Company represents that it shall use its
best efforts to close pursuant to the terms of this Agreement by the Closing
Date.

         3.03.    Buyer's Covenants.

                  (a) Collection of Outstanding Accounts Receivable. The Buyer
agrees to use its best efforts (and to cause Ameritrend to use its best efforts
after the Closing) to bill and collect for and on behalf of the Company all of
Ameritrend's accounts receivable outstanding on the Closing Date and transferred
by Ameritrend to the Company as of the Closing Date (the "Outstanding A/Rs"),
reconcile the billings and collections thereof and prepare such written reports
evidencing the same as shall be reasonably requested by the Company. The Company
hereby appoints the Buyer (and Ameritrend after the Closing) as its exclusive
agent to bill and collect on the Company's behalf the Outstanding A/Rs during
the period from the Closing Date through and including the date that is one
hundred twenty (120) days thereafter. The Buyer covenants to the Company that
all of such collection efforts shall be in full compliance with all applicable
Federal and state debt collection laws and regulations. Neither the Buyer nor
Ameritrend after the Closing shall discount any Outstanding A/R or otherwise
agree to accept less than full payment of any Outstanding A/R as full and
complete payment of such Outstanding A/R without the Company's consent. The
Buyer (and Ameritrend after the Closing) shall direct that all accounts
receivable payments with respect to such collection efforts be deposited in a
segregated Ameritrend checking account owned by the Company at Bank of America
(account #3751028040). Ameritrend will promptly forward all of such collections
to the Company following its receipt thereof. As full payment for the foregoing
collection efforts, the Company agrees to pay the Buyer and/or Ameritrend a
percentage of amounts collected on the following basis: (i) Outstanding A/Rs
collected within thirty (30) days of the Closing Date = seven percent (7%) of
the amount collected; (ii) Outstanding A/Rs collected during the period from
thirty-one (31) to sixty (60) days of the Closing Date = five percent (5%) of
the amount collected; (iii) Outstanding A/Rs collected during the period from
sixty-one (61) to one hundred twenty (120) days of the Closing Date = three
percent (3%) of the amount collected. The Company shall confirm to the Buyer and
Ameritrend its receipt of payment of any Outstanding A/Rs within five (5)
business days of such payment, and shall make the foregoing percentage payments
to the Buyer or Ameritrend on or before the fifth (5th) business day of each
month for the immediately preceding month's payments received by the Company.
After one hundred twenty (120) days from the Closing Date, the Buyer and
Ameritrend shall no longer have the right or the obligation to collect
Outstanding A/Rs on the Company's behalf, and the

                                       16
<PAGE>

Company shall have the exclusive right to collect such Outstanding A/Rs in full
compliance with all applicable Federal and state collection laws and
regulations.

                  (b) Employees. From and after the Closing Date, the Buyer and
Ameritrend shall be responsible for paying salaries, providing fringe benefits
and for withholding, as required by law, any sums for income tax, unemployment
insurance, social security, or other withholding required by applicable law or
governmental requirement and for any severance payments with respect to
Ameritrend's employees identified on Schedule 2.01(n) of this Agreement. On and
after the Closing Date, the Buyer shall cause Ameritrend to maintain appropriate
workers' compensation coverage for all of such personnel employed by Ameritrend
and comprehensive general liability insurance covering Ameritrend and all of
such employees.

                  (c) Prohibition on Solicitation of Employment. Buyer
recognizes that the Company's and the Company's affiliated entities' respective
employees constitute valuable assets of the Company and such affiliated
entities. Accordingly, Buyer hereby agrees that it shall not for a period of one
(1) year after the Closing solicit the employment of or make any offer of
employment to, or enter into a consulting relationship with, directly or
indirectly, any individual who was employed by the Company or the Company's
affiliated entities (other than Ameritrend) immediately prior to the Closing.
Buyer agrees that, in the event of a breach or alleged breach of this Section
3.03(c), the Company or such affiliated entities (as the case may be) shall not
have an adequate remedy at law, including monetary damages, and that the Company
and/or the affiliated entity (as the case may be) shall consequently be entitled
to seek a temporary restraining order, injunction or other form of equitable
relief against the continuance of such breach. Such relief shall be in addition
to any other rights or remedies of the Company and the harmed affiliated entity.

                  (d) Best Efforts. Buyer hereby covenants and agrees that it
shall use its best efforts to close pursuant to the terms of this Agreement by
the Closing Date.

         3.04. Covenants of Parties. The parties hereto covenant and agree that:

                  (a) Disclosure to Parties. If any of the parties should become
aware, prior to Closing, that any of its representations, warranties or
covenants is inaccurate or incapable of being performed, such party shall
promptly give written notice of such inaccuracy or incapability to the other
parties; provided, however, that nothing contained in this Section 3.04(a) shall
relieve the party bound by such representation, warranty or covenant from
complying with such representation, warranty, or covenant.

                  (b) No Hindrance. None of the parties will take any action
than can reasonably be expected to hinder or prevent the consummation of the
transactions described herein.

                                       17
<PAGE>

                  (c) Warranty Reconciliation. Ameritrend covenants and agrees
to repair or replace equipment sold by it to its customers which is defective,
incomplete or otherwise does not operate in accordance with applicable
warranties consistent with its past practice and in the ordinary course of
business up to the Closing. The Company shall be financially responsible for
promptly paying for the cost of repair and/or replacement of any and all
equipment occurring after the Closing which has been sold by Ameritrend to its
customers within the thirty (30) day period immediately prior to the Closing
Date and which is defective, incomplete or otherwise does not operate in
accordance with applicable warranties; provided that: (i) such customers have
made claims to Ameritrend with respect to such equipment prior to the Closing
Date or within thirty (30) days after the Closing Date; (ii) the Company's
liability under this Section 3.04(c) shall not exceed the sum of Ten Thousand
Dollars ($10,000) per customer and (iii) the Company's liability under this
Section 3.04(c) shall not exceed the sum of Fifty Thousand Dollars ($50,000) in
the aggregate. In this regard, Ameritrend and the Company agree to promptly
communicate with the Buyer concerning all such customer claims received prior to
Closing and Ameritrend and Buyer agree to promptly communicate with the Company
concerning all such customer claims after the Closing. The Company shall pay for
any time spent by Buyer's service technicians relating to such repair and/or
replacement on an hourly basis at Ameritrend's hourly rates generally in effect
prior to the Closing Date. The parties' representatives shall meet forty-five
(45) days after the Closing Date to reconcile and resolve any such customer
claims for equipment sold within the 30-day period prior to the Closing Date,
and all sums due to Buyer under this Section 3.04(c) shall be paid within
fifteen (15) days of such meeting. The rights of Buyer under this Section shall
be independent of its indemnification rights against Ameritrend and the Company
under Article VI hereof and shall not be limited by the provisions of Section
6.03 of this Agreement.

                  (d) Use of Premises. After the Closing Date, Ameritrend and
Ameritrend's employees may use and occupy office space (on a non-exclusive basis
with the Company's affiliated entities) which is currently used and occupied by
employees of Ameritrend at the following addresses in exchange for monthly
rental payments in the amount of Two Hundred Dollars ($200) per Ameritrend
employee at the following addresses: (i) 5118 North 56th Street, Tampa, Florida
33610; (ii) 1250-C Blountstown Hwy, Tallahassee, Florida 32304; (iii) 7370 NW
36th Street, Suite 415E, Miami, Florida 33166; (iv) 1101 Tyvola Road, Charlotte,
North Carolina 28217; and (v) 3200 Beachleaf Court, Raleigh, North Carolina
27604. All rental amounts shall be paid each month in advance and shall become
due and payable on the first day of each month. Such use and occupancy shall be
on a month-to-month basis, with either party able to terminate Ameritrend's and
its employees' use of any one or more of such facilities upon thirty (30) days'
prior written notice to the other party; provided, however, that any such right
of use and occupancy shall terminate and Ameritrend and its employees shall
vacate any such facility immediately upon the request of the landlord (or any
real estate management company) with respect to such facility. At all times
during such use and occupancy, Ameritrend and its employees shall use the
facility in a lawful and proper manner and will not commit or suffer any waste
of the facility, nor

                                       18
<PAGE>

will it make use thereof which would constitute a nuisance or violate any law,
regulation or rule of any governmental authority. During such use, the Company
or one of the Company's affiliated entities shall make available utility
services to Ameritrend and its employees at no additional cost to Ameritrend or
Buyer (except for telephone services which will be separately billed by the
Company or one of the Company's affiliated entities to Ameritrend or Buyer). Any
other agreement to which Ameritrend and the Company (or any of the Company's
affiliates) are a party entitling Ameritrend to use or occupy real estate (other
than the lease for the Pompano Office which is being assigned pursuant to this
Agreement) are hereby terminated to the extent that such agreements permit
Ameritrend's use or occupation.

                                   ARTICLE IV

                               CLOSING CONDITIONS

         4.01. Conditions to Obligations of Buyer. This Agreement and the
obligations of Buyer to perform hereunder shall be subject to the satisfaction
by Ameritrend and the Company, or waiver in writing by Buyer, of the following
conditions as of the date hereof and through the Closing:

                  (a) Representations, Warranties Covenants, Agreements and
Obligations. All representations, warranties and agreements of each of
Ameritrend and the Company contained in this Agreement shall, except as
expressly provided herein, be true and correct as of the date hereof and through
the Closing. Each of Ameritrend, its business and Company shall have performed
and complied with all of its covenants and obligations under this Agreement.

                  (b) No Material Adverse Change. There shall not have been any
material adverse change in, about or concerning Ameritrend, the Stock or the
Assets.

                  (c) Deliveries. Ameritrend shall have delivered to Buyer, and
the Company shall cause Ameritrend to deliver to Buyer, each of the documents
specified in Section 5.01 hereof.

                  (d) Completion of Due Diligence Satisfactory to Buyer. Buyer
shall have conducted and completed due diligence to its sole satisfaction
pertaining to Ameritrend, the Stock and the Assets for which each of Ameritrend
and the Company agrees to reasonably cooperate.

         4.02. Conditions to Obligations of Ameritrend and Company. This
Agreement and the obligations of Ameritrend and the Company to perform hereunder
shall be subject to the satisfaction by Buyer, or waiver in writing by
Ameritrend and the Company, of the following conditions at or prior to Closing:

                                       19
<PAGE>

                  (a) Representations, Warranties and Obligations. All
representations, warranties and agreements of Buyer contained in this Agreement
shall, except as expressly provided herein, be true and correct at or prior to
Closing. Buyer shall have performed and complied with all of its covenants and
obligations under this Agreement.

                  (b) Deliveries. Buyer shall have delivered to Ameritrend each
of the documents specified in Section 5.02 hereof.

         4.03. Taxes. All state and/or local sales and transfer taxes, charges,
fees, and assessments applicable to the transactions described herein shall be
borne by Ameritrend, except for documentary stamp taxes, if any, relating to the
Promissory Note which shall be borne solely by the Buyer and documentary stamp
taxes, if any, relating to the transfer of the Stock which shall be borne solely
by the Company.

                                       20
<PAGE>

                                    ARTICLE V

                                   DELIVERIES

         The following deliveries shall be made by the respective parties at
Closing:

         5.01. The Company's and Ameritrend's Deliveries. Ameritrend and the
Company shall deliver to Buyer each of the following items at Closing:

                  (a) all of the shares of the Stock;

                  (b) the Assignment and Assumption Agreement;

                  (c) a Lease Assignment and Consent in the form of Exhibit I
hereto setting forth the consent of the lessor of the Pompano Office;

                  (d) the resignations of all directors and officers of
Ameritrend;

                  (e) written consent and waiver of Liens of Ameritrend's and
the Company's lenders under their credit facility;

                  (f) the Security Agreement (delivered by Ameritrend to the
Company);

                  (g) the Stock Pledge Agreement; and

                  (h) such other documents, assignments, bills of sale,
instruments of conveyance, and certificates of officers as reasonably may be
required by Buyer to consummate this Agreement and the transactions described
herein.

         5.02. Buyer's Delivery. Buyer shall deliver to Ameritrend and the
Company each of the following items at Closing:

                  (a) Promissory Note;

                  (b) Stock Pledge Agreement;

                  (c) Lease Assignment and Consent and assumptions of the
equipment lease agreements described in Section 5.01(c) hereof; and

                                       21
<PAGE>

                  (d) such other documents, assumptions, instruments of
acceptance, and certificates of officers as reasonably may be required by
Ameritrend and/or the Company to consummate this Agreement and the transactions
described herein.

                                   ARTICLE VI

                                 INDEMNIFICATION

         6.01. Indemnification by the Company. The Company agrees to defend,
indemnify and hold Buyer, any subsidiary or affiliate thereof, Ameritrend, and
their respective successors, officers, directors, agents and/or controlling
persons (the "Indemnified Buyer Group") harmless from and against any and all
losses, liabilities, damages, costs or expenses (including reasonable attorneys'
fees, penalties and interest) payable to or for the benefit of, or asserted by,
any party, resulting from, arising out of, or incurred as a result of (a) the
material falsity of any representation, warranty and/or covenant made by each of
Ameritrend and the Company herein or in accordance herewith, or (b) the breach
of any material representation, warranty and/or covenant of Ameritrend (prior to
the Closing) or the Company (prior to and after the Closing) herein or in
accordance herewith.

         6.02. Indemnification by Buyer. Buyer agrees to defend, indemnify and
hold the Company harmless from and against any and all losses, liability,
damages, costs, or expenses incurred by the Company (including reasonable
attorneys' fees, penalties and interest) payable to or for the benefit of, or
asserted by, any party, resulting from, arising out of, or incurred as a result
of (a) the material falsity of any representation or warranty made by Buyer
herein or in accordance herewith, or (b) the breach of any material covenant of
Ameritrend (after the Closing) or Buyer (prior to and after the Closing) herein
or in accordance herewith.

         6.03. Survival of Representations, Warranties, Covenants,
Indemnification Provisions and Agreements; Limitation on Claims. The
representations, warranties, covenants, indemnification provisions and
agreements made by each of Ameritrend and the Company, on the one hand, and
Buyer, on the other hand, shall continue in full force and effect and survive
the Closing and any termination of this Agreement and shall be fully enforceable
at law and/or in equity against such other party/parties and its/their
successors and assigns by the other party/parties and its/their successors and
assigns; provided, however, that notwithstanding the provisions of Sections 6.01
and 6.02 hereof, no party shall be required to indemnify another party with
respect to a breach of a representation, warranty or covenant unless the claim
for indemnification is brought within one (1) year after the Closing Date,
except that (i) a claim for indemnification for a breach of the representations,
warranties and/or covenants relating to title to property may be made at any
time, (ii) a claim for indemnification for a breach of the representations,
warranties and/or covenants relating to litigation or brokers and/or a claim for
indemnification relating to or arising out of any tax

                                       22
<PAGE>

obligations, claims, assessments of any type and/or nature whatsoever relating
to Ameritrend for any time period prior to the Closing Date (which claim for
indemnification may be made and to which the members of the Indemnified Buyer
Group shall be entitled notwithstanding anything to the contrary in Section 6.01
above), may be made at any time within the applicable statute of limitations;
and (iii) the Company shall not be required to indemnify Buyer: (A) unless the
aggregate amount of damages or claims incurred by Ameritrend and/or Buyer exceed
the sum of Two Hundred Fifty Thousand Dollars ($250,000), in which case
individual claims may only be included to reach such aggregate amount if the
individual claim exceeds the sum of Twenty-Five Thousand Dollars ($25,000); and
(B) to the extent that the damages or claims incurred by Ameritrend exceed One
Million Dollars ($1,000,000). Without regard to the foregoing one (1) year time
period described above or the dollar amount limitations set forth above, the
Company shall indemnify the Indemnified Buyer Group for any and all losses,
liabilities, damages, costs or expenses (including reasonable attorneys' fees,
penalties and interest relating to or arising from any claims, threats, actions
and/or proceedings initiated by any third party for (i) all trade accounts
payable and employee salaries and expenses (other than paid time off) arising or
accruing prior to the Closing and assumed by the Company in accordance with
Section 1.02 hereof which are not paid by the Company in accordance with such
Section, and (ii) the Company's failure to fulfill its payment obligations under
the Assignment and Assumption Agreement. Any investigation at any time made by
or on behalf of (or any disclosure to) any party hereto shall not diminish in
any respect whatsoever its right to rely on the representations and warranties
of the other parties hereto. The indemnification rights set forth in this
Article VI constitute the sole rights and remedies of the parties against each
other for any breach of this Agreement unless the breach involves an intentional
breach, intentional misrepresentation or fraud by the party, in which event the
parties shall retain all rights and may pursue any remedies as the parties may
have at law or in equity or otherwise.

         6.04. Notice of Claims. Buyer, Ameritrend and the Company, each agree
to give prompt written notice to the other(s) of any claim against the party
giving notice which might give rise to a claim by it against another
party/parties hereto based upon the indemnity provisions contained herein,
stating the nature and basis of the claim and the actual or estimated amount
thereof. In the event that any action, suit or proceeding is brought against
Buyer, Ameritrend or the Company with respect to which any party hereto may have
liability under the indemnification provisions contained herein, the
indemnifying party/parties shall have the right, at its/their sole cost and
expense, to defend such action in the name or on behalf of the indemnified
party/parties and, in connection with any such action, suit or proceeding, the
parties hereto agree to render to each other such assistance as may reasonably
be required in order to ensure the proper and adequate defense of any such
action, suit or proceeding. No party hereto shall make any settlement of any
claim which might give rise to liability of another party under the
indemnification provisions contained herein without the written consent of such
other party, which consent such other party covenants shall not be unreasonably
withheld.

                                       23
<PAGE>

                                   ARTICLE VII

                                   TERMINATION

         7.01. Termination Not Due to Breach. Prior to Closing, this Agreement
may be terminated at any time by mutual written consent of Buyer, Ameritrend and
the Company. If this Agreement is terminated pursuant to this Section 7.01, none
of the parties hereto, nor any of their officers, directors, employees, agents,
shareholders, successors in interest or their permitted assigns, shall have any
liability or further obligation to the other party/parties or any of its/their
officers, directors, employees, agents, shareholders, successors in interest or
their permitted assigns, pursuant to this Agreement. The parties acknowledge,
however, that they will continue to be bound by the restrictive covenants set
forth in the letter of intent between Ameritrend and Buyer dated as of August 1,
2001 (the "Letter of Intent") after any such termination.

         7.02. Termination Due to Breach by Buyer. In the event that prior to
Closing Buyer fails to comply with any material term or obligation or breaches
any representation, warranty or covenant contained in this Agreement in any
material respect and does not cure such failure within five (5) business days of
receiving written notice from Ameritrend and/or the Company thereof, then
Ameritrend and the Company may, at their option, by written notice to Buyer,
terminate this Agreement. In such event, Ameritrend and the Company may pursue
any and all remedies at law and/or in equity to which they may be entitled.

         7.03. Termination Due to Breach by Ameritrend and/or the Company. In
the event that Ameritrend and/or the Company fails to comply with any material
term or obligation or breaches any representation, warranty or covenant
contained in this Agreement in any material respect and does not cure such
failure within five (5) business days of receiving written notice from Buyer
thereof, then Buyer may, at its option, by written notice to Ameritrend and/or
the Company, terminate this Agreement. In such event, the Buyer may pursue any
and all remedies at law and/or in equity to which it may be entitled.

                                       24
<PAGE>

                                  ARTICLE VIII

                               GENERAL PROVISIONS

         8.01. Expenses. Each of the parties to this Agreement will be
responsible and pay for the fees and expenses of their respective agents,
representatives, counsel, and accountants incidental to the negotiation,
drafting, and performance of this Agreement; provided, however, that the Company
shall be solely responsible for any such fees incurred by Ameritrend prior to
the Closing.

         8.02. Successors and Assigns. This Agreement shall be binding upon and
inure to the benefit of the parties and their respective successors and
permitted assigns, but shall not be assignable or delegable in whole or in part
by any party without the other parties' prior written consent, which written
consent may be withheld in the sole discretion of each of the parties hereto
without any liability to the party withholding such consent.

         8.03. Waiver. No provision of this Agreement shall be deemed waived by
course of conduct, including the act of closing, unless such waiver is made in a
writing signed by the party purporting to waive such provision stating that it
is intended specifically to modify this Agreement, nor shall any course of
conduct operate or be construed as a waiver of any subsequent breach of this
Agreement, whether of a similar or dissimilar nature.

         8.04. Entire Agreement. This Agreement (together with any exhibits
hereto) supersedes any other agreement, whether written or oral, that may have
been made or entered into by the parties (or by any director, officer, agent, or
other representative of such parties) relating to the matters described herein.
This Agreement (together with any exhibits hereto) constitutes the entire
agreement by and among the parties and there are no agreements or commitments
except as expressly set forth herein. Notwithstanding the foregoing, the parties
hereto acknowledge and agree that during the period from the execution and
delivery of this Agreement to the Closing, and after the execution and delivery
of this Agreement if the Closing does not occur, they will continue to be bound
by the restrictive covenants set forth in the Letter of Intent.

         8.05. Further Assurances. Each of the parties hereto agrees to execute
all documents and instruments and to take or to cause to be taken all actions
which are necessary or appropriate to effectuate the transactions described in
this Agreement.

         8.06. Risk of Loss. In the event of any loss, damage or destruction of
the Assets prior to Closing, Ameritrend shall promptly restore, replace or
repair the damaged

                                       25
<PAGE>

property to its previous condition at its own cost and have the right to use all
insurance proceeds to effect such restoration, replacement or repair and to
retain all excess proceeds.

         8.07. Notices. All notices, demands, requests, and other communications
hereunder shall be in writing and shall be deemed to have been duly given and
shall be effective upon receipt if delivered by hand, or sent by certified or
registered United States mail, postage prepaid and return receipt requested, or
by prepaid overnight express service or via telecopier (upon receipt by the
sender of a printed confirmation of such transmission). Notices shall be sent to
the parties at the following addresses (or at such other address for a party as
shall be specified by like notice; provided that such notice shall be effective
only upon receipt thereof):

                  (a) If to Ameritrend (prior to the Closing) or the Company:

                              Danka Holding Company
                              11201 Danka Circle North
                              St. Petersburg, Florida 33716
                              Attention: Keith Nelson, Esq.
                              Telecopier No. (727)568-4269

                  (c) If to Ameritrend (after the Closing) or Buyer:

                              Method Products Corp.
                              2101 NW 33rd Street, Suite 600A
                              Pompano Beach, FL 33069
                              Attention: Mark Antonucci, Chief Executive Officer
                              Telecopier No. (954) 978-2508

         8.08. Amendments, Modifications. This Agreement may be amended or
modified only by a written instrument executed by each of Ameritrend, Buyer and
the Company which states specifically that it is intended to amend or modify
this Agreement.

         8.09. Severability. If, at any time, any applicable federal, state, or
local governmental authority, or any court or arbitration tribunal having
jurisdiction determines that any provision of this Agreement is void, invalid or
unenforceable in any respect, such invalidity, illegality or unenforceability
shall not affect any other provision hereof and this Agreement shall be
construed as if such invalid, illegal or unenforceable provision had never been
contained herein, and, in lieu of each such illegal, invalid or unenforceable
provision, there shall be added automatically as a part of this Agreement a
provision as similar in terms to such illegal, invalid or unenforceable
provision as may be possible and still be legal, valid and enforceable and still
preserve each party's benefits and equities hereunder.

                                       26
<PAGE>

         8.10. Applicable Law: Jurisdiction and Venue; Service of Process;
Waiver of Trial by Jury; Attorney's Fees. This Agreement and the legal relations
between the parties hereto shall be governed by and construed in accordance with
the substantive laws of the State of Florida, without giving effect to the
principles of choice or conflict of laws thereof. Jurisdiction and venue for any
action or proceeding brought by or between the parties relating to this
Agreement, shall be solely in the federal and/or state courts located in Broward
County, Florida. The parties hereby consent to the jurisdiction and venue of
such courts, and agree that they shall not contest or challenge the jurisdiction
or venue of such courts. The parties agree that service of any process, summons,
notice or document, by United States registered or certified mail, to their
respective addresses as set forth herein or as may otherwise be changed pursuant
to the notice provisions hereof, shall be effective service of process for any
action, suit or proceeding brought against it in any such court. In recognition
of the fact that the issues which would arise under this Agreement are of such a
complex nature that they could not be properly tried before a jury, each of the
parties waives trial by jury. The prevailing party/parties shall be entitled to
recover from the other party/parties its/their reasonable attorneys' fees and
costs.

         8.11. Titles and Headings. Titles and headings to sections hereof are
inserted for convenience of reference only, and are not intended to be a part
of, or to affect the meaning or interpretation of, this Agreement.

         8.12. Cooperative Efforts. The parties shall cooperate and take such
action as may be reasonably requested by the other in order to effect the
transactions described herein.

         8.13. Execution in Counterparts; Facsimile. This Agreement may be
executed in one or more counterparts and via facsimile, each of which shall be
deemed an original, but all of which together shall constitute one and the same
agreement.

         8.14. Interpretation; Rule of Construction That Ambiguities are to be
Construed Against the Drafter Not Applicable. This Agreement is to be construed
fairly and simply and not strictly for or against any of the parties hereto. The
section headings contained

                                       27
<PAGE>

herein are for convenience of reference only, are not part of this Agreement,
and shall not affect the meaning or interpretation of any provision hereof. The
parties to this Agreement acknowledge that they have each carefully read and
reviewed this Agreement with their respective counsel, and therefore, agree that
the rule of construction that ambiguities shall be construed against the drafter
shall not be applicable.

         8.15 Brokers. Each of the parties hereto represents and warrants to the
others that no broker is entitled to any commission or similar fee in connection
with the making and carrying out of this Agreement.

         IN WITNESS WHEREOF, the parties hereto have executed this Agreement as
of the date first above written.

                                   AMERITREND:

                                   AMERITREND CORPORATION

                                   By: /s/ Mark White
                                      -----------------------------------------
                                       Mark White, Its Authorized
Representative

STATE OF   GEORGIA                  )
                                    )ss:
COUNTY OF Fulton                    )

         The foregoing instrument was acknowledged before me on this 31st day of
August, 2001 by Mark White, as Ameritrend Corporation's authorized
representative on behalf of such corporation who is personally known to me or
has produced ___________________________ as identification and did/did not take
an oath.

                                    Notary Public:

                                    Sign /s/ Laura Chaney
                                         --------------------------

                                    Print Laura Chaney
                                          -------------------------
                                    State of GA at Large (Seal)
                                    My Commission Expires: 6/15/03

                                       28
<PAGE>

                                    COMPANY:

                                    DANKA HOLDING COMPANY

                                  By: /s/ Mark White
                                      ----------------------------------------
                                      Mark White, Its Authorized Representative

STATE OF   GEORGIA         )
                           )ss:
COUNTY OF Fulton           )

         The foregoing instrument was acknowledged before me on this 31st day of
August, 2001 by Mark White, as Danka Holding Company's authorized representative
on behalf of such corporation who is personally known to me or has produced
___________________________ as identification and did/did not take an oath.

                                 Notary Public:

                                  Sign /s/ Laura Chaney
                                       --------------------------

                                  Print Laura Chaney
                                  State of GA at Large (Seal)
                                  My Commission Expires: 6/15/03

                                  BUYER:

                                  METHOD PRODUCTS CORP.

                                  By: /s/ Mark Antonucci
                                      -----------------------------------
                                  Mark Antonucci, Chief Executive Officer

STATE OF GEORGIA        )
                        )ss:
COUNTY OF Fulton        )

         The foregoing instrument was acknowledged before me on this 31ST day of
August, 2001 by Mark Antonucci, as Chief Executive Officer of Method Products
Corp. on behalf of such corporation who is personally known to me or has
produced ___________________________ as identification and did/did not take an
oath.

                                        Notary Public:

                                        Sign /s/ Laura Chaney
                                             ---------------------------

                                        Print Laura Chaney
                                              --------------------------
                                        State of GA at Large (Seal)
                                             My Commission Expires: 6/15/01

                                       29Exhibit 10.7

                             STOCK PLEDGE AGREEMENT

         THIS STOCK PLEDGE AGREEMENT (this "Agreement") is made and entered into
as of August 31, 2001, by and among METHOD PRODUCTS CORP., a Florida corporation
("Pledgor"), DANKA HOLDING COMPANY, a Delaware corporation ("Pledgee"), and
SHUMAKER, LOOP & KENDRICK, LLP, a Florida limited liability partnership acting
as escrow agent ("Escrow Agent").

         WHEREAS, Pledgor owns One Thousand (1,000) shares of common stock (the
"Pledged Shares") of Ameritrend Corporation, a Florida corporation
("Ameritrend"), representing one hundred percent (100%) of the capital stock of
Ameritrend;

         WHEREAS, Pledgor is indebted to Pledgee in the amount of One Million
Dollars ($1,000,000) as evidenced by that certain promissory note from Pledgor
to Pledgee of even date herewith, a copy of which is attached hereto as Exhibit
A (the "Note") issued in connection with Pledgor's purchase of the Pledged
Shares pursuant to that certain Stock Purchase Agreement dated as of the date
hereof (the "Stock Purchase Agreement"); and

         WHEREAS, as security for Pledgor's full and prompt payment of the Note,
Pledgor has agreed to pledge the Pledged Shares to Pledgee to be held by Escrow
Agent.

         NOW, THEREFORE, in consideration of the foregoing, the terms and
conditions set forth herein and other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the parties hereto
hereby agree as follows:

         1. Recitals. The above recitals to this Agreement are hereby
incorporated into this Agreement as though fully restated herein.

         2. Pledge. Pledgor hereby grants to Pledgee a security interest in the
Pledged Shares, represented by certificate number 6, which is duly endorsed in
blank and herewith delivered to Escrow Agent. Pledgor hereby appoints Escrow
Agent as its attorney to arrange for the transfer of the Pledged Shares on the
books of the issuing corporation to the name of Pledgee. Escrow Agent shall hold
the Pledged Shares on behalf of Pledgee as security for the repayment of the
indebtedness described above and shall not encumber or dispose of such shares,
except in accordance with the provisions of Section 7 of this Agreement.

         3. Term. The shares pledged hereunder shall remain so pledged to
Pledgee until the indebtedness described above is repaid in full in accordance
with the terms of the Note.

         4. Representations of Pledgor. Pledgor warrants and represents the
following:

<PAGE>

                  (a) Pledgor owns the Pledged Shares free and clear of all
         encumbrances.

                  (b) During the term of this pledge, Pledgor shall not dispose
         of or further encumber the Pledged Shares without the written consent
         of Pledgee.

         5. Stock Adjustments, Warrants and Rights. In the event that Ameritrend
declares a stock dividend, reclassifies its stock or otherwise adjusts or
changes its capital structure during the term of this pledge, all new,
substituted and additional shares or other securities issued with respect to the
Pledged Shares shall be delivered by Pledgor to Escrow Agent, to be held by
Escrow Agent in the same manner as the shares originally pledged hereunder.
Further, if during the term of this pledge, subscription warrants or any other
rights or options shall be issued in connection with the Pledged Shares, such
warrants, rights and options shall be immediately assigned by Pledgor to Escrow
Agent, to be likewise held hereunder.

         6. Return of Stock. Upon payment in full of the indebtedness in
accordance with the terms of the Note, Pledgor shall give written notice to the
Escrow Agent, who thereafter shall then give written notice to Pledgee.
Thereafter, Pledgee shall have fifteen (15) days in which to file with the
Escrow Agent any written objection to the release of the Pledged Shares to
Pledgor. If an objection is filed, then the Escrow Agent shall continue to hold
the Pledged Shares, subject to the agreement of Pledgor and Pledgee or to the
order of any court of competent jurisdiction. At the time an objection is filed,
the Escrow Agent may at its option interplead the Pledged Shares in any Florida
or federal court. The non-prevailing party in any such interpleader action shall
pay all reasonable attorneys' fees and costs of Escrow Agent in connection with
such action.

         7. Default. If prior to Pledgor's full payment of all principal and
interest, if any, due on the Note, Pledgor defaults in the performance of any of
the terms of this Agreement, the Stock Purchase Agreement or the Note or
Ameritrend defaults in the performance of any of the terms of the Security
Agreement dated the date hereof by and between Ameritrend and Pledgee, Pledgee
may declare the unpaid balance of the Note immediately due and payable by giving
written notice of default to the Escrow Agent, who thereafter shall give written
notice to the Pledgor. Pledgor shall have thirty (30) days after receipt of such
notice from the Escrow Agent in which to either cure such default or to serve a
written objection upon the Escrow Agent. If the default is not cured to the
satisfaction of Pledgee and no written notice is served within such period, then
the Escrow Agent shall turn the Pledged Shares over to Pledgee, who shall
thereafter have the following options:

                  (a) Pledgee may sell the Pledged Shares. The shares may be
         sold in public or private proceedings; no public advertisement of such
         sale shall be necessary, but Pledgor shall be given ten (10) days'
         notice of the time and place of a public sale or of the time after
         which any private sale is to be made. Pledgee may sell the Pledged
         Shares as a unit or individually, at one or more sales, and Pledgee may
         continue a sale from day to day without furnishing further notice to
         Pledgor. Pledgee may be a bidder at any sale and may purchase all or
         part of the Pledged Shares to the extent permitted by law. The proceeds
         of any sale shall be applied in the following manner:

                                       2
<PAGE>

                           (1) first to any costs of collecting the indebtedness
                  (including reasonable attorneys' fees) and to any expenses
                  associated with selling the Pledged Shares; and

                           (2) second to the satisfaction of the indebtedness;
                  and

                           (3) third to the satisfaction of any subordinate
                  security interests, as required by law.

         Pledgee shall thereafter account to Pledgor for any surplus proceeds,
         which shall be paid over to Pledgor. Pledgor shall remain liable to
         Pledgee for any deficiency.

                  (b) Pledgee may retain the Pledged Shares in full satisfaction
         of Pledgor's obligations under the Note and under this Agreement. It is
         provided, however, that Pledgee shall give Pledgor written notice of
         such election; if Pledgor serves a written objection to such election
         on Pledgee within thirty (30) days following the sending of such
         notice, then Pledgee shall dispose of the Pledged Shares as provided in
         subparagraph (a) above.

                  (c) Pledgee may exercise all rights and remedies afforded a
         secured party under the provisions of the Uniform Commercial Code in
         force in Florida as of the date of this Agreement.

If Pledgor files a timely objection, then the Escrow Agent shall continue to
hold the Pledged Shares, subject to the agreement of Pledgor and Pledgee or the
order of any court of competent jurisdiction. At any time that an objection is
filed, the Escrow Agent at its option may interplead the Pledged Shares in any
Florida or federal court. The non-prevailing party in any such interpleader
action shall pay all attorneys' fees and costs of Escrow Agent in connection
with such action.

         8. Dividends and Voting Rights. So long as Pledgor is not in default
under the terms of this Agreement, Pledgor shall be entitled to exercise all
voting rights granted with respect to the Pledged Shares. Pledgor shall not
receive, and shall not permit Ameritrend to pay, any corporate dividends with
respect to the Pledged Shares unless and until the Note is paid in full;
provided, however, that Ameritrend may make corporate dividends to Pledgor if
and to the extent necessary to make payments on the Note.

         9. Escrow Agent's Limited Duties. The Escrow Agent shall have only such
responsibility with respect to the Pledged Shares as is expressly provided for
in this Agreement. In the absence of gross negligence, bad faith or fraud with
respect to the performance of its obligations hereunder, the Escrow Agent shall
not incur liability because of any substantive insufficiency in the form or
manner of the execution by Pledgor or Pledgee of any notice or other instrument
required, permitted or contemplated by this Agreement, nor as a result of
relying on the validity of any such

                                       3
<PAGE>

notice or written instrument. The powers conferred upon the Escrow Agent shall
not impose any duty upon the Escrow Agent to exercise any such powers, and the
Escrow Agent shall not be responsible to the Pledgor for any act or failure to
act hereunder, except for Escrow Agent's own gross negligence or willful
misconduct. The Escrow Agent's sole duty with respect to the custody and
safekeeping of the Pledged Shares shall be to deal with them in the same manner
as the Escrow Agent deals with similar property for its own account.

         10. Compensation of Escrow Agent; Waiver of Conflict. The Escrow
Agent's fee shall be Ten and No/100 Dollars ($10.00), receipt of which is hereby
acknowledged. In the event of a conflict between Pledgor and Pledgee, the Escrow
Agent's additional fees incurred in connection with such conflict shall be borne
by the Pledgee, and Pledgor agrees and consents to the legal representation of
Pledgee by the Escrow Agent in any such dispute. Pledgor hereby waives any claim
of conflict of interest by the Escrow Agent in any dispute between the parties
relating to this Agreement.

         11. Resignation of Escrow Agent. The Escrow Agent may resign upon ten
(10) days written notice to the other parties. If a successor Escrow Agent shall
not have been designated herein or appointed by Pledgor and Pledgee before the
effective date of such resignation, the Escrow Agent may petition any state or
federal court to appoint a successor.

         12. Indemnification of Escrow Agent. Pledgee agrees to indemnify the
Escrow Agent from and against any and all liabilities, obligations, losses,
damages, penalties, actions, judgments, suits, costs, expenses or disbursements
of any kind whatsoever which may at any time be imposed on, incurred by or
asserted against the Escrow Agent in any way relating to this Agreement, or the
transactions contemplated hereby or any action taken or omitted by the Escrow
Agent under or in connection with the foregoing (hereinafter, "claims") provided
that the Pledgee shall not be liable for the payment of any portion of any
claims resulting solely from the Escrow Agent's gross negligence or willful
misconduct.

         13. Miscellaneous.

                  (a) This Agreement shall be binding upon and inure to the
         benefit of the parties hereto and their respective heirs, personal
         representatives, successors and assigns.

                  (b) No failure or delay on the part of the Pledgee in
         exercising any right or remedy shall constitute a waiver thereof, and
         no single or partial waiver by Pledgee of any default shall operate to
         waive any other default.

                  (c) All notices, demands, requests, and other communications
         hereunder shall be in writing and shall be deemed to have been duly
         given and shall be effective upon receipt

                                       4
<PAGE>

         if delivered by hand, or sent by certified or registered United States
         mail, postage prepaid and return receipt requested, or by prepaid
         overnight express service or via telephone facsimile (upon receipt by
         the sender of a printed confirmation of such transmission). Notices
         shall be sent to the parties at the following addresses (or at such
         other address for a party as shall be specified by like notice;
         provided that such notice shall be effective only upon receipt
         thereof):

                  If to Pledgee:

                                    Danka Holding Company
                                    11201 Danka Circle North
                                    St. Petersburg, Florida 33716
                                    Attention: Keith Nelson, Esq.
                                    Fax No. (727)568-4269

                  If to Pledgor:

                          Method Products Corp.
                          2101 NW 33rd Street, Suite 600A
                          Pompano Beach, Florida 33069
                          Attention: Mark Antonucci, Chief Executive Officer
                          Fax No. (954) 978-2508

                  If to the Escrow Agent:

                          Daniel G. Musca, Esquire
                          Shumaker, Loop & Kendrick, LLP
                          101 E. Kennedy Blvd., Suite 2800
                          Tampa, Florida  33602
                          Fax No. (813)229-1660

                  or at any other address designated by a party in the manner
         set forth in this section.

                  (d) This Agreement is made in Florida and shall be construed
         according to and governed by the laws of that state.

                                       5
<PAGE>

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

                        "PLEDGOR"

                        METHOD PRODUCTS CORP.

                        By:  /s/ Mark Antonucci
                            -----------------------------------------------
                                Mark Antonucci, Its CEO

                        "PLEDGEE"

                        DANKA HOLDING COMPANY

                        By:  /s/ Mark White
                             ----------------------------------------------
                                Mark White, Its Authorized Representative

                        "ESCROW AGENT"

                        SHUMAKER, LOOP & KENDRICK, LLP

                        By:  /s/ Daniel G. Musca
                             ----------------------------------------------
                                Daniel G. Musca, Its Partner

                                       6

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