Document:

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                                                                   EXHIBIT 10.67

                             PARTICIPATION AGREEMENT
                             -----------------------

         This Participation Agreement, dated this 8 day of March, 2001,
("Agreement") by and between PRESTIGE CAPITAL CORPORATION, a New Jersey
corporation with its principal place of business at 2 Executive Drive, Fort Lee,
New Jersey 07024 ("PCC), and SELWAY PARTNERS, LLC, a New Jersey limited
liability company with its principal place of business at 100 Borront Place,
Totowa, New Jersey 07512 ("Participant").

         WHEREAS, PCC has entered into a Purchase and Sale Agreement (the
"Factoring Contract") with INSCI-STATEMENTS.COM CORP. ("Client"), a true copy of
which is annexed hereto as Exhibit 1, pursuant thereto Client has agreed to
assign to PCC from time to time all of Client's right, title and interest in and
to certain identified accounts receivable ("Invoices", "Accounts" or "Accounts
Receivable"); and

         WHEREAS, Client's obligations under the Factoring Contract are secured
by, among other things, a security interest in certain of Client's assets as
stated in the Factoring Contract; and

         WHEREAS, PCC and Participant desire to enter into transactions whereby
Participant will receive an assignment from PCC of certain identified Invoices
which Client has assigned to PCC pursuant to the terms of the Factoring Contract
which PCC would not have accepted but for this Agreement.

         NOW, THEREFORE, in order to facilitate these transactions, PCC and
Participant agree as follows:

1.   SALE OF INVOICES: From time to time, PCC may, at its sole and absolute
     discretion, propose to assign to Participant one or more of the Invoices
     that Client has proposed to sell to PCC, which PCC would otherwise elect
     not to purchase. Participant may, at its sole and absolute discretion,
     agree to take an assignment on some or all of the Invoices proposed for
     sale by PCC in accordance with the terms of this Agreement.

2.   PURCHASE AND ASSIGNING PROCEDURES: Invoices proposed for assignment by PCC
     to Participant shall be submitted by PCC to Participant. Participant shall
     promptly notify PCC whether it will take an assignment of all or some of
     the Invoices contained in such submission. Participant hereby acknowledges
     that its decision to take such assignment shall be based solely on its own
     evaluation and investigation and not upon any statement or representation
     of PCC, express or implied. Failure by Participant to notify PCC within two
     (2) business days of its decision to take an assignment of such Invoices
     shall be deemed a decision not to take an assignment of the Invoices,
     identified thereon. To the extent Participant elects to take an assignment
     of such Invoices, such Invoice(s) (the "Participant Invoices") shall be
     identified on "Schedule A", which shall then become an amendment to, and
     incorporated in, this Agreement. Participant shall pay PCC within one (1)
     business day of purchase by PCC for the Participant's invoices in the
     amount thereof, less the Discount described in the Factoring Agreement, by
     wire transfer, delivery of certified bank check or other immediately
     available funds as agreed by the parties.

3.   ASSIGNMENT OF PCC'S RIGHTS AGAINST CLIENT: Upon the assignment of a
     Participant's Invoice to Participant and payment therefor to PCC,
     Participant shall be deemed to have purchased and PCC shall be deemed to
     have transferred to Participant an equitable and undivided interest in
     PCC's interests, rights, security interests under or in connection with the
     Factoring Contract and collateral pertaining thereto and under or in
     connection with any guarantees of Client's obligations under the Factoring
     Contract pro rata based on the percentage of the aggregate amount of the
     Participant's Invoices bears to the aggregate Accounts purchased by PCC
     under the Factoring Contract.

4.   PCC'S REPORTING OBLIGATIONS: PCC shall provide Participant with aging
     reports on reasonable demand, but no less frequently than monthly, which
     reports shall identify all Participant's Invoices and for each such
     Invoice: the face value thereof; the account debtor, and the number of days
     payments is outstanding thereon. PCC shall also provide to Participant upon
     request copies of all reports received from Client.

5.   PAYMENT BY ACCOUNT DEBTORS: Subject to Paragraph 9 hereof, any and all
     payments received by PCC on account of Participant's Invoices shall be
     deposited by PCC to an account designated to Participant by wire transfer
     to Participant within three (3) business days less any rebate to which the
     Client may be entitled under the Factoring Contract. Subject to Paragraph 9
     hereof, any funds from an account debtor, which is indebted to the
     Participant and PCC, shall be distributed on a pro rata basis unless the
     account debtor designate the specific invoices being paid. In the event
     that any law, regulation, order, decree or judgment now or hereafter in
     effect in any manner affects payments made regarding a Participant's
     Invoice, including, but not limited to, an order whereby PCC is required to
     return or pay a third party monies received on a Participant's Invoice,
     Participant shall immediately upon notice pay to PCC the sum so ordered to
     be returned or paid.

6.   INSPECTION OF PCC'S BOOKS AND RECORDS: As long as Participant remains
     unpaid on any of Participant's Invoices, Participant's may inspect and copy
     at Participant's expense PCC's books and records as they relate to such
     Participant's Invoices at any time upon reasonable notice during normal
     business hours.

7.   NO GUARANTY OR WARRANTY OF PARTICIPANT'S INVOICES: The participation
     described herein is being sold to Participant WITHOUT RECOURSE to PCC.
     Participant shall have the sole credit risk with respect thereto.
     Participant shall look only to the Participant's Invoice, the account
     debtor who received the goods or services provided under the Participants
     Invoice, or the Client, if appropriate, to receive its payments hereunder.
     PCC does not guarantee payment in any amount on the Participant's Invoices,
     and does not warrant the validity of any invoice or any security interest
     provided as collateral. Except as provided herein, PCC shall not have, and
     does not assume, any liability to Participant for the repayment of
     Participant's Invoices and Fees thereon. PCC agrees to use the same level
     of care in administering the Participant's Invoices as it does for its own
     invoices.

8.   COLLECTION ACTIONS: Notwithstanding any other right that Participant may
     have under this Agreement or at law, and without constituting an election
     of remedies, in the event that Client breaches the Factoring Contract with
     respect to a Participant's Invoice, or any other entity fails to comply
     with their obligations with respect thereto, and the Participant's Invoice
     remains unpaid:

         1)  Participant, at its election, may authorize PCC to institute an
             action, upon two- (2) business days' written notice to PCC;
             Participant may institute an action in PCC's name, in order to
             collect on the Purchaser's Invoice or Client's other assets.
             Participant and not PCC shall be liable for all the costs incurred
             in connection therewith (including attorney's fees and expenses)
             and may collect sums from the Client under the Factoring Contract
             after fully reimbursing PCC for any costs incurred by PCC in
             connection therewith.

         2)  In the event that in any action PCC combines a claim for its own
             Invoices along with Participant's Invoices, PCC and Participant
             shall share in the costs incurred in the collection effort
             (including attorney's fee and expenses), and shall also share the
             proceeds therefore, in the proportion that the outstanding balance
             due to Participant for the Participant's Invoices bears to the
             outstanding balance due to PCC for Client's Invoices, and;

         3)  Nothing in this Agreement shall prohibit PCC from instituting an
             action in its own name against a Client or any other entity at any
             time or seeking payment on an Invoice as allowed by contract or
             law.

9.   PCC'S FEE. As consideration for PCC's services hereunder, PCC shall receive
     one percent (1%) of each Participant's Invoice purchased pursuant thereto.
     That is, if Participant's fee as stated in the Factoring Contract is ten
     percent (10%) of the purchased Invoice, PCC shall receive on percent (1%)
     and Participant shall receive nine percent (9%).

10.  TERMINATION: This Agreement may be terminated on thirty (30) days' notice
     from one party to the other, which termination shall not affect any
     Invoices purchased by Participant theretofore.

11.  WAIVER OF JURY TRIAL: Participant and PCC each hereby voluntarily,
     absolutely, irrevocably and unconditionally waive any right to have a jury
     trial in any litigation (whether based in contract, tort or otherwise)
     between or among them, arising out of or relating to this Agreement.

12.  CHOICE OF LAW: This Agreement shall be governed by, and construed and
     enforced in accordance with, the internal laws of the State of New Jersey,
     without regard to conflicts of law principles.

13.  RECOVERY OF ATTORNEY'S FEES AND EXPENSES: The prevailing party shall be
     awarded the costs, expenses and reasonable attorney's fees incurred in any
     litigation arising between the parties hereto and in collecting upon any
     judgment entered in connection therewith.

14.  SERVICE OF PROCESS: Service of process or any notice will be considered
     valid if sent by certified U.S. Mail return receipt requested, by
     nationally recognized overnight courier, or delivered personally and
     addressed to the addresses first stated in this Agreement, unless the
     address is changed by written notice in accordance with this Agreement.

15.  CONSTRUCTION: Whenever possible, each provision of this Agreement shall be
     interpreted in such manner as to be effective and valid to the greatest
     extent allowed under applicable law, but if any provision of this Agreement
     shall be prohibited by or invalid under applicable law, said provision
     shall be ineffective only to the extent of such prohibition or invalidity,
     without invalidating the remainder of such provision or the remaining
     provisions of this Agreement.

16.  SUCCESSORS AND ASSIGNS: This Agreement shall bind the parties, their
     successors, representatives and assigns, and may not be assigned by either
     party without prior written consent.

17.  NO WAIVER: No failure or delay on the part of either party in exercising
     any power or right under this Agreement shall operate as a waiver thereof,
     nor shall any single or partial exercise of such power or right preclude
     any further exercise thereof or the exercise of any other power or right.
     No waiver by either party of any provision of this Agreement or of any
     breach or default shall be effective unless in writing signed by such
     party.

18.  CONFIDENTIALITY AND NON-COMPETITION: Unless Participant had prior contacts
     with an entity before introduction to that entity by PCC or before PCC
     provided Participant information regarding an entity, which contact
     participant shall reveal to PCC within five (5) days of the time of
     introduction or provision of information, Participant shall treat as
     confidential and proprietary to PCC the entity so introduced and
     information so provided. With regard to such entity and such information
     Participant agrees not to directly or indirectly solicit any factoring or
     financing business from, or enter into any factoring or financing
     relationship with, any such entity during the term of and for at least two
     (2) years from the date of termination of this Agreement, unless otherwise
     agreed in writing by PCC. Notwithstanding the foregoing, PCC acknowledges
     that Participant introduced PCC to Client and that Client is presently
     indebted to the Participant and that nothing contained herein shall in any
     way modify, alter, limit or prohibit Client's existing financial and
     business relationships with the Client, the exercise by Participant of any
     rights or remedies that Participant may have with respect thereto or from
     engaging in any other transactions of any nature with the Client.

19.  ENTIRE AGREEMENT AMENDMENT: This Agreement, including the exhibits hereto,
     constitutes the entire agreement between the parties and supersedes all
     prior written and verbal communications. This Agreement may not be amended
     in any respect without a writing executed by both parties.

20.  COUNTERPARTS: This Agreement may be signed in counterparts, each of which
     shall be deemed an original, but all which when taken together shall
     constitute one and the same agreement.

         IN WITNESS WHEREOF, the parties have executed this Agreement on the day
and date set forth above.

                                    PARTICIPANT

                                    SELWAY PARTNERS, LLC

                                    By:         /s/  YOAV COHEN
                                        ---------------------------------
                                          Name:  Yoav Cohen
                                          Title:  Chief Operating Officer

                                    PRESTIGE CAPITAL CORPORATION

                                    By:_/s/ HARVEY L. KAMINSKI
                                        ----------------------
                                          Name: Harvey L. Kaminski
                                          Title: President<PAGE>

                                                                   EXHIBIT 10.68

                              EMPLOYMENT AGREEMENT

         THIS AGREEMENT is made this 22nd day of May, 2001 by and between
INSCI-STATEMENTS.COM, CORP., a Delaware corporation having its principal offices
located at Two Westborough Business Park, Westborough, Massachusetts 01581 (the
"Company"), and HENRY F NElSON, an individual residing at 38 Oriole Rd.,
Medfield, Ma 02052 (the "Employee").

         WHEREAS, the Company wishes to employ Employee, and Employee wishes to
accept such employment subject to the terms and conditions hereinafter set
forth.

         NOW THEREFORE, in consideration of the mutual representations,
covenants and agreements herein set forth, the parties hereto agree as follows:

                                    ARTICLE I

                     ENGAGEMENT AND DUTIES: DEVOTION OF TIME

         1.1 Engagement and Duties. The Company hereby employs Employee for the
Term (as defined in Section 3.1) commencing on the date hereof (the "Effective
Date"). During the Term, Employee's duties shall include serving as the
Company's President, and as a member of the Company's Board of Directors. In
such capacities, Employee shall devote all of his business time, ability and
attention to performing the duties and responsibilities associated with such
position on behalf of the Company.

         1.2 Acceptance. Employee hereby accepts such employment and agrees to
render the services described above. During the Term, Employee agrees to serve
the Company faithfully and to the best of Employee's ability, to devote
Employee's full time, energy and skill to such employment (subject to the
aforementioned proviso), and to use Employee's best efforts, skill and ability
to promote the Company's interest.

                                   ARTICLE II

                                  COMPENSATION

         2.1 Salary. For all services to be rendered hereunder during the twelve
(12) month period immediately following the Effective Date and for each twelve
(12) month period thereafter during the Term, the Company shall pay Employee a
salary of Two Hundred Thousand and 00/100 ($200,000) Dollars per annum, payable
not less frequently than bi-weekly in accordance with the Company's payroll
practices. The compensation paid to Employee pursuant to this Section 2.1 is
hereinafter referred to as the "Salary".

         2.2 Bonus. Employee shall be entitled to receive an annual bonus of up
to $50,000 or 10% of the profits; whichever is greater, upon achieving certain
milestones to be determined by the Board of Directors of the Company. The
employee will propose certain milestones to the Board of Directors of the
company within 30 days of employment.

         2.3 Success Bonus. In the Event of the sale of substantially all of the
assets or stock of the company from the date of employment through December 31st
2001, the employee shall participate in a success fee biased upon the following:

             A.  If the valuation is less than $6.0M the employee shall
                 participate at a rate of 1% of the consideration.

             B.  If the valuation exceeds $6.0M the employee shall participate
                 at a rate of 1.5% of the consideration.

                                   ARTICLE III

                  TERM, TERMINATION AND PAYMENT ON TERMINATION

         3.1 Term. Subject to Section 3.2, the term of the Employee's Employment
by the Company (the "Term") shall commence on the Effective Date and shall
continue for a three (3) year period (the "Expiration Date"). The Term may also
be hereinafter referred to as the "Employment Period".

         3.2 Termination. Subject to the provisions of Sections 3.1 and 3.3,
Employee's employment, salary and all rights under this Agreement as an employee
of the Company shall terminate immediately upon the first to occur of the
following events (the "Termination Date"):

             (a) The death of Employee;

             (b) The Disability of Employee. For purposes of this Agreement,
Employee shall be deemed to have suffered a disability ("Disability") if he is
unable to substantially perform the duties theretofore performed by him under
this Agreement by reason of any medically determinable physical or mental
impairment which can be expected to result in death or which has lasted, or can
be expected to last, for not less than one hundred twenty (120) consecutive
days. The determination of whether Employee is subject to Disability shall be
made by a physician satisfactory to both the Employee and the Company; provided,
that if the Employee and the Company do not agree on a physician, the Employee
and the Company shall each select a physician and these two physicians together
shall select a third physician, whose determination as to Disability shall be
binding on all parties;

             (c) The written resignation by Employee for any reason;

             (d) The termination of Employee's employment by the Company for
Cause. "Cause" shall mean the occurrence of any of the following events:

                 (1) Employee's act or acts of dishonesty constituting a felony
or misdemeanor involving or resulting or intending to result directly or
indirectly in gains or personal enrichment at the expense of the Company or the
conviction of a crime involving moral turpitude; or

                 (2) Willful misconduct by Employee or Employee's gross
insubordination; or

                 (3) Habitual alcoholism or substance abuse; or

                 (4) Employee's material failure to perform the duties assigned
to him pursuant to this Agreement (other than by reason of death or Disability);
or

                 (5) Any other material breach of any of the terms or provisions
of this Agreement.

         3.3 Compensation During Disability and Following Termination of
Employment. During any period of Disability the Employee shall continue to
receive his salary and other benefits provided for herein until the he is
terminated in accordance with Section 3.2(b). In the event that Employee's
employment with the Company is terminated pursuant to Section 3.2, the Company
shall pay to Employee his Salary earned and unpaid as of the Termination Date,
as applicable. Such amount(s) shall be paid to Employee, subject to standard
required payroll deductions, in accordance with the Company's payroll practices.

         3.4 Severance Payment. In addition to the compensation payable to the
Employee pursuant to Section 3.3 immediately above, in the event that Employee's
employment with the Company is terminated for any reason other than for Cause,
the Company shall pay to the Employee severance pay in lieu of any further
compensation for periods subsequent to the date of termination as follows:

                  (a) If Employee's employment with the Company is terminated at
any time during the first six months of his employment with the Company, an
amount equal to three (3) months of the Employee's Salary as of the date of
termination;

                  (b) If Employee's employment with the Company is terminated at
any time during the second six months of his employment with the Company, an
amount equal to six (6) months of the Employee's Salary as of the date of
termination; or

                  (c) If Employee's employment with the Company is terminated at
any time during the first year of his employment with the Company, or at any
time thereafter, an amount equal to nine (9) months of the Employee's Salary as
of the date of termination.

         Any such severance payment shall be paid to Employee, subject to
standard required payroll deductions. During the period that the Employee is
entitled to receive severance payments, the Employee shall also continue to be
covered under the Company's medical, disability and other health benefit plans.

                                   ARTICLE IV
                                    BENEFITS

         4.1 Business Expenses. The Employee is authorized to incur reasonable
expenses in the performance of his duties hereunder in furtherance of the
business and affairs of the Company and its Affiliates, and the Company shall
pay or reimburse the Employee for all reasonable expenses actually incurred or
paid by the Employee during the Employment Period, in all cases upon
presentation of detailed expense statements and expense reports, receipts,
vouchers or such other supporting information as the Company customarily may
require.

         4.2 Travel Expenses. The Company shall pay or reimburse the Employee
for all reasonable travel related expenses, during the Employment Period, in all
cases upon presentation of detailed expense statements and expense reports,
receipts, vouchers or such other supporting information as the Company
customarily may require.

         4.3 Fringe Benefits. The Employee shall, during the Employment Period,
be eligible to participate in such pension, profit sharing, life insurance,
medical and other employee benefit plans of the Company made available by the
Company to its key executive employees, and which may be in effect from time to
time, to the extent he is eligible under the terms of such plans, on the same
basis as other key executive employees of the Company; provided, however, that
the allocation of benefits under any plan which provides that allocation
thereunder shall be in the discretion of the Board of Directors of the Company
shall be determined from time to time by such Board of Directors.

         4.4 Vacation. During the Term, Employee shall be entitled to a total of
three (3) weeks paid vacation per year (exclusive of the Company's paid holidays
and sick leave taken pursuant to the Company's policy), accrued at a rate of 10
hours per month, such vacation period or periods to be taken at such time as
Employee shall in his discretion determine upon consultation with and approval
of the Company. Any unused vacation days may not be carried over from one year
to the next.

                                    ARTICLE V

                   ACTIVITIES DURING AND FOLLOWING EMPLOYMENT

         5.1 Restrictive Covenants. Employee acknowledges and agrees that (i) as
an Employee of the Company he has and shall possess and learn valuable trade
secrets and other proprietary information relating to the Company's business,
(ii) Employee's services to the Company are unique in nature, (iii) the
Company's business is national in scope and (iv) the Company would be
irreparably damaged if the Employee were to provide services to any person or
entity in violation of the restrictions contained in this Agreement.
Accordingly, as an inducement for the Company to enter into this Agreement, the
Employee agrees that during the period that he is employed by the Company and
for a period of one (1) year thereafter (such period being referred to herein as
the "Restricted Period"), Employee shall not, directly or indirectly, either for
herself or for any other person or entity:

                  (a) anywhere in the United States of America engage or
participate in, or assist, advise or be connected with (including as an
employee, owner, partner, shareholder, member, officer, director, advisor,
consultant, agent or (without limitation by the specific enumeration of the
foregoing) otherwise), or permit his name to be used by or render services for,
any person or entity engaged in a Competing Business (as herein defined);
provided, however, that nothing in this Agreement shall prevent Employee from
acquiring or owning, as a passive investment, up to five percent (5%) of the
outstanding voting securities of an entity engaged in a Competing Business (as
hereinafter defined) which are publicly traded in any recognized securities
markets;

                  (b) take any action in connection with a Competing Business
which might divert from the Company or any of its Affiliates any opportunity
which would be (at the time of such action) within the scope of the Company's or
any such Affiliate's business;

                  (c) solicit or attempt to induce any person or entity who is
or has been a customer of the Company at any time during (i) the Employment
Period or (ii) the Restricted Period, to purchase Competing Products (as herein
defined) from any person or entity (other than the Company);

                  (d) solicit or attempt to induce any person or entity who is
or has been a customer, supplier, licensor, licensee or other business relation
of the Company at any time during (i) the Employment Period or (ii) during the
Restricted Period, to cease doing business with the Company;

                  (e) take any actions which are calculated to persuade any
person or entity who is a director, officer or agent of the Company or any of
its Affiliates to terminate their association with the Company or such
Affiliates; or

                  (f) solicit or hire any person or entity who is or was a
director, officer, employee or agent of the Company or any of its Affiliates to
perform services for any entity other than the Company and its Affiliates.

         As used herein, a "Competing Business" shall mean a business which
engages, in whole or in part, in the business of developing and marketing and
supporting computer software and products that are competitive with, are similar
to, may be used as substitutes for, or may detract from any products designed,
distributed, marketed or sold by the Company or that are under development by
the Company at the termination of the Employment Period. As used herein, the
products and services, subject to the foregoing provisions of this Section 5.1,
are collectively referred to herein as "Competing Products".

         5.2 Non-Disclosure of Confidential Information. Employee recognizes
that he possesses and will possess Confidential Information (as herein defined).
Accordingly, as an additional inducement for the Company to enter into this
Agreement, Employee covenants and agrees that:

                  (a) during his employment with the Company, except in the
performance of his duties hereunder, and at all times until the first (1st)
anniversary of the termination or expiration of his Employment with the Company,
Employee shall hold in strictest confidence and shall not, other than as
required by law, without the prior written consent of the Company, use for his
own benefit or that of any third party or disclose to any person, firm or
corporation, except the Company, any of its Affiliates, or any employees of the
Company or its Affiliates, any Confidential Information. For purposes of this
Agreement, and intending that the term shall be broadly construed to include
anything protectable by the Company as a trade secret under applicable law,
"Confidential Information" shall mean and include all information, and all
documents and other tangible items which record information, relating to the
development and marketing by the Company of products and/or services from time
to time, which at the time or times concerned are protectable by the Company as
a trade secret under applicable law, which are not generally known to the
Company's competitors and which have been or are from time to time disclosed to
or known by Employee, including, without limitation, the following especially
sensitive types of information relating to the development and marketing of the
Company's products and services;

                           (i) any and all versions of the Company's proprietary
                  computer software (including source code and object code),
                  hardware, firmware and documentation;

                           (ii) technical information concerning the Company's
                  products and services, including product data and
                  specifications, diagrams, flow charts, drawings, test results,
                  know-how, processes, inventions, research projects and product
                  development;

                           (iii) information concerning the Company's business,
                  including cost information, profits, sales information,
                  accounting and unpublished financial information, business
                  plans, markets and marketing methods, customer lists and
                  customer information, purchasing techniques, supplier lists
                  and supplier information and advertising strategies;

                           (iv) information concerning the Company's employees,
                  including their salaries, strengths, weaknesses and skills;

                           (v) information submitted by the Company's customers,
                  suppliers, employees, consultants or co-venturers with the
                  Company for study, evaluation or use;

                           (vi) any other information not generally known to the
                  public which, if misused or disclosed, could reasonably be
                  expected to adversely affect the Company's business;

provided, however, that Confidential Information shall not be deemed to include
any of the foregoing which (A) is or becomes generally available to the public
other than as a result of Employee's fault or the fault of any other person
known by the Employee to be bound by a duty (contractual or otherwise) of
confidentiality to the Company or its Affiliates (or, if applicable, any
successors or assigns); or (B) is required by law or court order or subpoena to
be disclosed by the Employee, provided that the Employee gives the Company
prompt advance written notice of such requirement and cooperates with any
attempt by the Company to eliminate, limit or reduce such requirement so as to
minimize disclosure.

                  (b) Employee (or if Employee is deceased, his personal
representative) shall promptly following a request therefor from the Company,
return to the Company, without retaining copies, all tangible items which are or
which contain Confidential Information and Employee shall also return all
equipment, files, software programs and other personal property belonging to the
Company; and

                  (c) at the reasonable request of the Company made at any time
or from time to time hereafter, Employee (or if Employee is deceased, his
personal representative) shall make, execute and deliver all applications,
papers, assignments, conveyances, instruments or other documents and shall
perform or cause to be performed such other lawful acts as the Company may
reasonably deem necessary to implement any of the provisions of this Agreement,
and shall give testimony and cooperate with the Company, its Affiliates or its
representatives in any controversy or legal proceedings involving the Company,
its Affiliates or its representatives with respect to any Confidential
Information.

         As used herein, an "Affiliate" shall mean and include any person or
entity which controls a party, which such party controls or which is under
common control with such party, and which is engaged in any business similar to
that of the Company. "Control" means the power, direct or indirect, to direct or
cause the direction of the management and policies of a person or entity through
voting securities, contract or otherwise.

         5.3 Injunctive Relief. Notwithstanding the provisions of Section 6.1,
Employee acknowledges and agrees that in the event of a breach or threatened
breach of any of the foregoing provisions of Sections 5.1 and 5.2, the Company
shall have no adequate remedy at law and shall therefore be entitled upon notice
to Employee (provided giving of such notice shall not entitle Employee to delay
any proceedings to enforce the foregoing provisions) to enforce each such
provisions of Sections 5.1 and 5.2 by temporary or permanent injunctive or
mandatory relief obtained in any court of competent jurisdiction without the
necessity of proving damages, posting any bond or other security, and without
prejudice to any other remedies which may be available at law or in equity to
the Company. Employee and the Company agree that the Superior Court in and for
the County of New York, State of New York, United States of America or the
United States District Court for the Southern District of New York are courts of
competent jurisdiction and Employee and the Company each consent to the personal
jurisdiction of those courts for purposes of such an action or proceeding
instituted to obtain equitable relief or monetary damages relating to the
provisions of Sections 5.1 and 5.2 and in connection therewith Employee and the
Company agree that process in any action may be served upon Employee and the
Company, as the case may be, and shall be deemed to be complete when the same is
delivered to Employee (by personal service or by such method as may be ordered
by a court) or the Company, as the case may be, in the same manner as notices
are required to be given pursuant to the provisions of this Agreement.

                                   ARTICLE VI

                                   ARBITRATION

         6.1 Except as specifically set forth in Section 5.3, the parties will
first attempt to settle each and every dispute, controversy or claim, whether
based in contract, tort, statute, fraud, misrepresentation or any other legal
theory, arising out of or relating to this Agreement ("Dispute(s)"), through
good faith negotiations. Any Dispute not thus resolved within thirty (30) days
or such other period as the parties shall mutually agree in writing, shall be
then settled by final and binding arbitration conducted at a mutually agreed
location in Boston, Massachusetts by one neutral arbitrator, in accordance with
this Section and the then current Commercial Arbitration Rules of the American
Arbitration Association ("AAA"). Each party shall bear its own expenses and the
parties shall equally share the filing and other administrative fees of the AAA
and the expenses of the arbitrator. Judgment upon an award may be entered in any
Court having competent jurisdiction. The arbitrator shall not have the power to
award any consequential or punitive damages. The arbitrator shall have the power
to order prehearing discovery of documents or the taking of depositions, and may
compel attendance of witnesses and the production of documents at the hearing.
The arbitrability of any Dispute, including those as to the enforceability of
this Section, shall be determined solely by the arbitrator. The Federal
Arbitration Act, 9 U.S.C. Sections 1 to 16, shall govern the interpretation and
enforcement of this Section 6.1. Any party may seek a temporary injunction in
any court of competent jurisdiction to the limited extent necessary to preserve
the status quo during the pendency of final resolution of a Dispute in
accordance with this Section. The statute(s) of limitation applicable to any
Dispute shall be tolled upon initiation of the Dispute resolution procedures
under this Section and shall remain tolled until the Dispute is resolved under
this Section. However, tolling shall cease if the aggrieved party does not file
a demand for arbitration of the Dispute with the AAA within sixty (60) calendar
days after good faith negotiations have been terminated by either party.

                                   ARTICLE VII

                                  MISCELLANEOUS

         7.1 Notices. All notices, requests, demands and other communications
(collectively, a "Notice") given or made pursuant to this Agreement shall be in
writing and shall be given by personal delivery facsimile (with written
confirmation of receipt) or by registered or certified mail, return receipt
requested, postage and fees prepaid, to the following addresses:

                  (a)      If to the Company, addressed to:

                           insci-statements.com, corp.
                           Two Westborough Business Park
                           Westborough, Massachusetts 01581
                           Attn: Chairman Compensation Committee

                  (b)      If to Employee, to:

                           Mr. Hank Nelson
                           39 Oriole Rd.
                           Medfield, MA 02052

Any Notice shall be deemed duly given when received by the addressee thereof,
provided that any Notice sent by registered or certified mail shall be deemed to
have been duly given five days after the date of deposit in the United States
mail, unless sooner received. Any of the parties to this Agreement may from time
to time change its address for receiving Notices by giving written notice
thereof in the manner set forth above.

         7.2 Governing Law. This Agreement shall be governed by and construed in
accordance with the laws of the State of Massachusetts, and the terms hereof may
be enforced in any court of competent jurisdiction in action for specific
performance which may be instituted under this Agreement.

         7.3 Severability. Whenever possible each provision of this Agreement
shall be interpreted in such manner as to be effective and valid under
applicable law, but if any provision of this Agreement shall be or become
prohibited or invalid under applicable law, such provisions shall be ineffective
to the extent of such prohibition or invalidity without invalidating the
remainder of such provision or the remaining provisions of this Agreement.

         7.4 Captions. The various captions of this Agreement are for reference
only and shall not be considered or referred to in resolving questions or
interpretation of this Agreement.

         7.5 Counterparts. This Agreement may be executed in any number of
counterparts, each of which shall be deemed to be an original, but all of which
together shall constitute one and the same instrument.

         7.6 Binding Effect. This Agreement shall inure to the benefit of, and
shall be binding upon, the parties hereto and their respective successors,
assigns, heirs and legal representatives.

         7.7 Waiver. Waiver by either of the parties of any breach of any
provision of this Agreement shall not operate or be construed as a waiver of any
prior or subsequent breach of the same or any other provision hereof.

         7.8 Amendment. This Agreement may be amended, modified, superseded or
cancelled, in whole or in part, only by a written instrument executed by
Employee and by an authorized representative of the Company.

         IN WITNESS WHEREOF, this Agreement has been made and entered into as of
the date and year first above written.

insci-statements.com, corp.

By:   /s/ LORI FRANK                    /s/ HENRY F NELSON
      ----------------------            --------------------------
Name:     Lori Frank CEO                    Henry F Nelson

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