Document:

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                                                                   Exhibit 10.32

                              SEPARATION AGREEMENT

Agreement, dated as of March 22, 2001 by and between Nx Networks, Inc., 13595
Dulles Technology Drive, Herndon, Virginia 20171 ("Nx Networks"), and Gregory
McNulty, 18200 Rose Orchard Court, Morgan Hill, California 95037 (the
"Executive").

BACKGROUND:

      The Executive has served as the Executive Vice President of Worldwide
Sales and Marketing for Nx Networks since January 2000. In connection with the
Executive's joining Nx Networks, the Executive and Nx Networks entered into an
Employment Agreement dated as of January 4, 2001 (the "Employment Agreement").
By mutual agreement between the Executive and Nx Networks, the Executive has
agreed to resign as an employee and officer of Nx Networks effective on March
22, 2001 (the "Effective Date"). The Executive's agreement to resign is based
upon terms agreed to between him and Nx Networks that supersede certain
provisions of the Employment Agreement. Accordingly, to memorialize the terms
upon which the Executive has agreed to resign from Nx Networks, and Nx Networks
has agreed to accept such resignation, the parties are entering into this
Agreement.

1.    RESIGNATION

      Executive hereby resigns as Executive Vice President for Worldwide Sales
and Marketing of Nx Networks as of the close of business on the Effective Date.

2.    SEVERANCE PAYMENTS AND BENEFITS

      (a)  SEVERANCE PAYMENTS. Nx Networks will continue to pay the Executive
his present base salary of $200,000 per year through the Effective Date, in
accordance with Nx Networks' standard semi-monthly payroll practices. On the
Effective Date, Nx Networks will also pay to the Executive the value of his
accrued but unused vacation time.

      (b)  OPTIONS. Provided that Executive has not exercised his revocation
rights under Section 6, and notwithstanding the terms and conditions of any
stock option agreement between Nx Networks and the Executive to the contrary,
on the Effective Date, all unvested stock options held by the Executive that
would be vested on the Effective Date but for the Executive's election to
participate in the stock option repricing program, shall immediately vest and
shall be exercisable for a period ending on the later of:

        o     90 days after the Effective Date;

        o     90 days after the date the Executive ceases to be a member of Nx
              Networks' Business Advisory Board; or

        o     March 31, 2002 if the Company removes the Executive from the
              Business  Advisory Board without cause.

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Nx Networks and the Executive agree that on the Effective Date the Executive
will hold vested options to purchase 250,000 shares of Nx Networks' common
stock.

     (c)  LIMITATION ON STOCK SALES. During the two year period after the
Effective Date, the Executive shall not, without the written consent of Nx
Networks, sell in any calendar month an aggregate amount of shares of Nx
Networks' common stock (whether Executive holds such shares as of the Effective
Date or subsequently acquires them by means of the exercise of options) in
excess of 125,000 shares.  The limitations of this Section 2(c) shall terminate,
however, if the average closing price for such common stock exceeds $10 per
share for a 10 trading day period. The Executive also agrees that he will not
sell any Nx Networks securities prior to July 1, 2001.

     (d)  COMPANY BENEFITS. The Executive shall be entitled to continue to
participate in all medical, health and life insurance plans at the same benefit
level at which he was participating as of the Effective Date until the earlier
of:

        o     October 30, 2001; or

        o     the date the Executive accepts employment with another entity.

     (e)  VESTING AND PAYOUT OF THE 401(K) PLAN. The Executive is vested in a
portion of the Nx Networks matching contribution to his account in the 401(k)
Plan. The Executive may elect either a lump-sum distribution or a direct
rollover of his amounts (including the vested portion of the matching
contributions) under the Nx Networks employee savings incentive plan, in
accordance with the governing plan documents and applicable IRS requirements.

     (f)  WITHHOLDING OF TAXES. Nx Networks may withhold from any benefits or
compensation payable under this Agreement all federal, state, city or other
taxes as may be required pursuant to any law or governmental regulation or
ruling.

     (g)  BUSINESS ADVISORY BOARD. The Executive will join the Business Advisory
Board of Nx Networks upon the Effective Date, and he will sign an advisory board
agreement to that effect. The Executive will not be entitled an initial grant of
options upon joining the Business Advisory Board, but as provided in the
agreement he will be entitled to an additional grant of 2,500 options for every
meeting of the Business Advisory Board he attends.

     (h)  NO OTHER PAYMENTS. Except as specifically provided herein or as
otherwise may be required by law, the Executive shall not be entitled to receive
any other payments, benefits or severance amounts from Nx Networks following the
Effective Date, whether pursuant to the Employment Agreement or otherwise.

3.    RETURN OF EQUIPMENT

   On or before the Effective Date, the Executive will return to Nx Networks all
equipment, files and other property of Nx Networks (whether tangible or in
electronic format) in the Executive's possession or control.

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4.  CONTINUATION OF CERTAIN PORTIONS OF THE EMPLOYMENT AGREEMENT

    Sections 5, 6, 7 and 16 of the Employment Agreement shall remain in full
force and effect from and after the date of this Agreement. It is agreed,
however, for purposes of Section 6 that the "Restricted Period" shall be 12
months.

5.  MISCELANEOUS

   (a)  REMEDY. If the Executive violates or threatens to violate, either
directly or indirectly, any of the acts described in section 2(c) or 4 of this
Agreement, it is agreed that Nx Networks shall have the right to seek and shall
be entitled to full injunctive relief, to be issued by any competent court. The
foregoing remedies shall not be deemed to limit or prevent the exercise by Nx
Networks of any or all further rights and remedies that may be available to Nx
Networks hereunder or at law or in equity.

   (b)  NOTICES. For purposes of this Agreement, notices and all other
communications provided for herein shall be in writing and shall be deemed to
have been duly given when personally delivered, sent by facsimile or when mailed
by United States registered or certified mail, return receipt requested, postage
prepaid, addressed to such address as provided herein or sent to such other
address or facsimile number as each party may furnish to the other in writing
from time to time in accordance with this Section 5(b).

   (c)  APPLICABLE LAW.  This Agreement is entered into under, and shall
be governed for all purposes by, the laws of the Commonwealth of Virginia
without giving effect to any choice of law principles.

   (d)  NO WAIVER. No failure by either party hereto at any time to give notice
of any breach by the other party of, or to require compliance with, any
condition or provision of this Agreement shall (i) be deemed a waiver of similar
or dissimilar provisions or conditions at the same or at any prior or subsequent
time or (ii) preclude insistence upon strict compliance in the future.

   (e) SEVERABILITY. If a court of competent jurisdiction determines that any
provision of this Agreement is invalid or unenforceable, then the invalidity or
unenforceability of that provision shall not affect the validity or
enforceability of any other provision of this Agreement, and all other
provisions shall remain in full force and effect and such invalid or
unenforceable provision shall be reformulated by such court to preserve the
intent of the parties hereto.

   (f) ASSIGNMENT AND DELEGATION. This Agreement is binding on the Executive and
Nx Networks and their successors and assigns; PROVIDED, HOWEVER, that the rights
and obligations of Nx Networks under this Agreement may be assigned or delegated
to a successor entity by Nx Networks.

   (g) ENTIRE AGREEMENT. Except as otherwise specifically provided herein, this
Agreement constitutes the entire agreement of the parties with regard to the
subject matter hereof, contains all the covenants, promises, representations,
warranties and agreements between the parties with respect to the Executive's
resignation from Nx Networks and supersedes all prior employment, severance or
agreements between the Executive and Nx Networks or any of its predecessors or

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affiliates, including, but not limited to, the Employment Agreement. Any
modification of this Agreement will be effective only if it is in writing and
signed by the party to be charged.

6.  EXECUTIVE ACKNOWLEDGEMENTS

      The Executive acknowledges that:

      (a)  He has read and understands the terms of this Agreement and has
      voluntarily agreed to these terms without coercion or undue persuasion by
      Nx Networks or any officer, director or other agent thereof;

      (b)  He has been encouraged by Nx Networks to seek competent legal counsel
      in his review and consideration of this Agreement and its terms; and

      (c)  He has been given the opportunity to consider entering into this
      Agreement for twenty-one days, and if he should execute this Agreement
      prior to the expiration of the 21-day consideration period, he waives his
      right to consider the Agreement for twenty-one days, and

      (d)  He may revoke this Agreement within seven days of the day he executes
      it. The Executive agrees to give notice of such revocation by certified
      mail to the attention of Nx Networks' General Counsel at the address
      provided above. This Agreement shall not be effective until the expiration
      of the 7-day revocation period without revocation by the Executive.

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

                                    NX NETWORKS, INC.

                                    By:_____________________________________

                                        ____________________________________
                                                   Gregory McNulty

                                       4Exclusive Distribution Agreement

     This Exclusive Distribution Agreement ("Agreement") renewed and
effective this 1st of June 2000, by and OASIS TECHNOLOGY SRL
("Manufacturer") and, MEGATRONICA GROUP S.A. ("Distributor").

Manufacturer desires to appoint Distributor, and Distributor desires
to accept appointment, as to exclusive distributor of Manufacturer's
products within a  defined area asset forth herein.

NOW, THEREFORE, in consideration of the mutual agreements promises set
forth herein, the parties agree as follows:

1.   Rights Granted.
     ---------------
Manufacturer hereby grants to Distributor the exclusive right, on the
terms and conditions contained herein, to purchase, promote and resell
"Manufacturer's Products" (as defined below) within the following area
(the "Territory"): GREECE and CYPRUS. Negotiations and contracts with
clients based in countries not involved in this Distribution Agreement
must be advised to manufacturer and agreed by time to time in writing.

2.   Products.
     ---------
As used in this agreement, the term "'Manufacturer's Products" shall
mean the products, related service parts and accessories manufactured
and/or sold by Manufacturer as follows.

-    AWP, SWP and Gambling machines and any new product manufactured
     related to gaming
-    any spare parts related to the distributed machines

3.   Terms of Sale.
     --------------
All sales of Manufacturer's Products to Distributor shall be made
pursuant to this Agreement at such prices and on such terms as
Manufacturer and Distributor shall establish from time to time. All
prices are ex factory Manufacturer's plant. Manufacturer agrees to
properly pack all items for shipment.  Risk of  loss due to damage or
destruction of Manufacturer's Products shall be borne by the
Distributor after delivery to the carrier for transport.  The shipper
will be selected by Manufacturer unless Distributor requests a
reasonable alternative. All orders are subject to acceptance by
Manufacturer.

4.   Payment.
     --------
Payment can take place by bank transfer or irrevocable and confirmed
documentary letter of credit.

<PAGE>     Exhibit 10.1 - pg. 1

5.   Marketing Policies.
     -------------------
Distributor will promote vigorously and effectively the sale of
Manufacturer's Products through all channels of distribution
prevailing in the Territory, in conformity with Manufacturer's
established marketing policies and programs.  Distributor will use its
best efforts to sell Manufacturer's Products to aggressive, reputable,
and financially responsible dealers providing satisfactory consumer
service throughout Distributor's primary marketing area.

6.   Distributor's General Duties.
     -----------------------------
A.   Distributor shall maintain a place of business in the Territory,
     including suitable showroom facilities to display Manufacturer's
     Products. Distributor shall provide maintenance service an
     Manufacturer's Products sold in the Territory, using qualified
     personnel and subject to service policies satisfactory to
     Manufacturer.

B.   This Exclusive Distribution Agreement is subject to a minimum
     quantity purchases (see attached exhibit "A"). Distributor shall
     provide reports to the Manufacturer about contacts and
     negotiations in progress.

C.   In case the Distributor has the proof of the exhistance of any
     product not distributed by Distributor itself, he will
     immediately notice the Manufacturer, provide the serial numbers
     of the products and the name of the Company.

7.   Manufacturer's General Duties.
     -----------------------------
A.   Manufacturer will monitor any and all its clients and/or
     distributors outside Greece do not deliver, sell, rent and
     however otherwise ship any Manufacturer's product listed in art. 2

B.   Manufacturer upon receiving as per article 6.C will take any and
     all legal acts to Preserve the Distributor and this Exclusive
     Distribution Agreement.

C.   In case any potential client having its registered or business
     address in the "Territory" will contact the Manufacturer, he will
     immediately inform the Distributor.

/s/             /s/

<PAGE>     Exhibit 10.1 - pg. 2

8.   Sales Policies and Merchandising Policies.
     ------------------------------------------
A.   Manufacturer will provide Distributor with merchandising
     assistance from time to time in the form of brochures, programs,
     products, sales training and sales promotions.  Distributor
     agrees fully to use such assistance in carrying out
     Manufacturer's merchandising and sales promotion policies.   Any
     further particular Distributor's requirement about merchandising
     and promotion must have written approval by Manufacturer.

9.   Order Processing, Warranties and Returns.
     -----------------------------------------
A.   Manufacturer will employ its best efforts to fill Distributor's
     orders promptly on acceptance. but reserves the light to allot
     available inventories among distributors at its discretion.

B.   Distributor shall agree any discounts with Manufacturer on an
     order by order basis.

C.   In the event that any of Manufacturer's Products are proved to
     Manufacturer's satisfaction to have been defective within ninety
     (90) days from installation, Manufacturer will make appropriate
     adjustment in the original sales price of such product (Cosmetic
     damage only) or, at Manufacturer's election, replace the
     defective product. Manufacturer shall warrant all products for
     one year or otherwise specified by the components manufacturers.

10.  Indemnification.
     ----------------
A.   Manufacturer agrees to Protect Distributor and hold Distributor
     harmless from any loss or claim arising out of inherent defects
     in any of Manufacturer's Products existing at the time such
     product is sold by Manufacturer to Distributor, provided that
     Distributor gives Manufacturer immediate notice of any such loss
     or claim and cooperates fully with Manufacturer in the handling
     thereof.

B.   Distributor agrees to protect Manufacturer and hold Manufacturer
     harmless from any loss or claim arising out of the negligence of
     Distributor, Distributor's agents, employees or representatives
     in the installation, use, sale or servicing of Manufacturer's
     Products or arising out of any representation or warranty made by
     Distributor, its agents, employees or representations with
     respect to Manufacturer's Products that exceeds Manufacturer's
     limited warranty.  Further, in the event that any of
     Distributor's dealers shall, with respect to any of
     Manufacturer's Products purchased from Distributor, fail to
     discharge the dealer's obligations to the original consumer
     pursuant to the terms and conditions of Manufacturer's product
     warranty and consumer service policies, Distributor agrees to
     discharge promptly such unfulfilled obligations.

/s/                 /s/

<PAGE>     Exhibit 10.1 - pg. 3

11.  Use of Manufacturer's Name.
     ---------------------------
Manufacturer will authorize and permit the use of, the name "Oasis"
and the name "Noa" or any other trademark or trade name owned by the
Manufacturer as part of its firm, corporate or business name according
to Manufacturer's standard and under Manufacturer's approval.
Distributor may, subject to Manufacturer's policies regarding
reproduction of same, utilize Manufacturer's name trademarks or logos
in advertising on stationery and business cards.

12.  Relationship of the Parties.
     ----------------------------
Distributor will not modify any of Manufacturer's Products without
written permission from Manufacturer.  Neither Distributor nor,
Manufacturer shall have any right to enter into any contract or
commitment in the name of, or on behalf of the other, or to bind the
other in any respect whatsoever.

13.  Term and Termination.
     ---------------------
Unless earlier terminated as provided below, the term of this
Agreement shall have a trial period up to 31st December 2000 and after
this shall continue for three years until terminated by either parties
on at least sixty (60) days prior notice.

A.   Manufacturer may terminate this Agreement upon notice to
     Distributor, upon any of the following events:  (1) failure of
     Distributor to fulfill or perform any of the duties, obligations
     or responsibilities of Distributor in this Agreement, which
     failure is not cured with Sixty (60) Days notice from
     Manufacturer; (2) any assignment or attempted assignment by
     Distributor of any interest in this agreement or delegation of
     Distributors relinquishment, voluntary or involuntary, by
     operation of law or otherwise, of any material interest in the
     direct or indirect ownership of any change in the management of
     Distributor; (3) failure of Distributor for any reason to
     function in the ordinary course of business; (4) conviction in a
     court of competent jurisdiction of Distributor, or a manager,
     partner, principal officer or major stockholder of Distributor
     for any violation of law tending, in Manufacturer's opinion to
     affect adversely the operation or business of Distributor or the
     good name, goodwill, or reputation of Manufacturer, products of
     Manufacturer, or Distributor; or (5) submission by Distributor to
     Manufacturer of false or fraudulent reports or statements,
     including, without limitation, claims for any refund, credit,
     rebate, incentive, allowance, discount, reimbursement or other
     payment by Manufacturer; or (6) achievement of sales targets.

/s/             /s/

<PAGE>     Exhibit 10.1 - pg. 4

14.  Obligations on Termination.
     ---------------------------
On termination of this Agreement, Distributor shall cease to be an
authorized distributor of Manufacturer and:

A.   All amounts owning by Distributor to Manufacturer shall,
     notwithstanding prior terms of sale, become immediately due and
     payable;

B.   Existing orders and projects shall be completed by Distributor
     and Manufacturer unless Partner is unable to do so for financial
     reasons.

15.  Use of Name Prohibited.
     -----------------------
On termination of this Agreement, Distributor will remove and not
thereafter use any sign containing any trade name, logo or trademark
of Manufacturer including, but not limited to, "Oasis " "Noa", and
will immediately destroy all stationery, advertising matter and other
printed matter in its possession or under its control containing such
name, or any of Manufacturer's trademarks, trade names or logos.
Distributor will not at any time after such termination use or permit
any such trademark, trade name or logo to be used in any manner in
connection with any business conducted by it or in which it may have
an interest, or otherwise whatsoever as descriptive of or referring to
anything other than merchandise or products of Manufacturer.
Regardless of the cause of termination, Distributor will immediately
take all appropriate steps to remove and cancel its listings in
telephone books, and other directories, and public records, or
elsewhere that contain the Manufacturer's name, logo or trademark.  If
Distributor fails to obtain such removals or cancellations promptly,
Manufacturer may make application for such removals or cancellations
an behalf of Distributor and in Distributor's name and in such event
Distributor will render every assistance.

16.  Final Agreement.
     ----------------
This Agreement terminates and supercedes all prior understandings or
agreements on the subject matter hereof. This Agreement may be
modified only by a further writing that is duly executed by both
parties.

/s/                   /s/

<PAGE>     Exhibit 10.1 - pg. 5

17.  Notices.
     --------
Any notice required by this Agreement or given in connection with it,
shall be in writing and shall be given to the appropriate party by
personal delivery or by certified mail, postage prepaid, or recognized
overnight delivery services.

     If to Manufacturer:
               Oasis Technology srl
               Via Paracelso 18
               20041 Agrate Brianza Mi
               Italy

     If to Distributor:
               Megatronica Group S.A.
               108 Plastira Str. 17122 Nea Smirni
               ATHENS
               GREECE

18.  Governing Law.
     --------------
This Agreement shall be construed and enforced in accordance with the
laws of the State of Italy.

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

Signed this day of ___________

MEGATRONICA GROUP S.A.                     OASIS TECHNOLOGY s.r.l

/s/_________________________               /s/_________________________

       [STAMPED SEAL]                              [STAMPED SEAL]

<PAGE>     Exhibit 10.1 - pg. 6

EXHIBIT "A" TO THE EXCLUSIVE DISTRIBUTION AGREEMENT DATED 1ST JUNE 2000

Minimum Purchases                       Minimum monthly Purchases
1st June 2000 - 31st December 2000      1st January 2001 - 31st December 2001

N. 50 Ios machines total                N. 40 Ios machines/month

Minimum monthly Purchases               Minimum monthly Purchases
1st January 2002 - 31st December 2002   1st January 2003 - 31st December 2003

N. 50 Ios machines/month                N. 60 Ios machines/month

Future and further minimum purchases regarding products will be
discussed between the Distributor and Manufacturer.

MEGATRONICA GROUP S.A.                     OASIS TECHNOLOGY s.r.l

/s/_________________________               /s/_________________________

       [STAMPED SEAL]                              [STAMPED SEAL]

<PAGE>    Exhibit 10.1 - Pg. 7

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