Document:

<PAGE>

                                                                   EXHIBIT 10.14

THIS NOTE HAS BEEN ACQUIRED FOR INVESTMENT AND NOT FOR DISTRIBUTION, AND HAS NOT
BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED. IT MAY NOT BE
SOLD, OFFERED FOR SALE, PLEDGED OR HYPOTHECATED, OR OTHERWISE TRANSFERRED IN THE
ABSENCE OF A REGISTRATION STATEMENT IN EFFECT WITH RESPECT THERETO UNDER SUCH
ACT UNLESS SOLD PURSUANT TO RULE 144 OF SUCH ACT OR UNLESS SUCH SALE, PLEDGE,
HYPOTHECATION, OR TRANSFER IS OTHERWISE EXEMPT FROM REGISTRATION. THE COMPANY
MAY REQUEST A WRITTEN OPINION OF COUNSEL (FROM COUNSEL ACCEPTABLE TO THE
COMPANY) SATISFACTORY TO THE COMPANY, TO THE EFFECT THAT REGISTRATION IS NOT
REQUIRED IN CONNECTION WITH SUCH SALE, PLEDGE OR HYPOTHECATION, OR OTHER
TRANSFER. THIS NOTE MUST BE SURRENDERED TO THE CORPORATION OR ITS TRANSFER AGENT
AS A CONDITION PRECEDENT TO THE SALE, PLEDGE, HYPOTHECATION, OR ANY OTHER
TRANSFER OF ANY INTEREST IN THIS NOTE.

THIS NOTE IS SUBJECT TO RESTRICTIONS ON TRANSFER CONTAINED IN A NOTE AND WARRANT
PURCHASE AGREEMENT BETWEEN THE COMPANY AND THE NOTEHOLDER, A COPY OF WHICH IS ON
FILE WITH THE SECRETARY OF THE COMPANY.

                                NETFLIX.COM, INC.

                          SUBORDINATED PROMISSORY NOTE

Note No.: SN-                                                      July 10, 2001
                                                           Los Gatos, California

     FOR VALUE RECEIVED, NetFlix.com, Inc., a Delaware corporation (the
"Company") promises to pay to _________________ ("Holder"), or its registered
assigns, the principal sum of $______________, or such lesser amount as shall
equal the outstanding principal amount hereof, together with interest from the
date of this Note on the unpaid principal balance compounding annually at a rate
of 10% per annum computed on the basis of the actual number of days elapsed and
a year of 365 days. Interest will accrue daily on the outstanding principal
balance of this Note and be payable on the Note Maturity Date (as defined
below). Subject to the provisions in Section 3 and Section 4 of this Note, all
unpaid principal, together with any then unpaid and accrued interest and other
amounts payable hereunder, will be due and payable on the Note Maturity Date (as
defined below) and shall be payable in cash. Upon payment in full of all
principal and interest payable hereunder, this Note must be surrendered to the
Company for cancellation.

     The following is a statement of the rights of Holder and the conditions to
which this Note is subject, and to which Holder, by the acceptance of this Note,
agrees:

<PAGE>

     1.   Definitions.
          -----------

          (a) "Event of Default" means any of the events specified as such in
Section 5(a) below.

          (b) "Holder" means the person or entity specified in the introductory
paragraph of this Note or any transferee that shall at the time be the
registered holder of this Note.

          (c) "Note Maturity Date" means the earliest to occur of (i) July
_____, 2011; (ii) the closing of an initial public offering of the Company's
common stock that results in the conversion of all of the Company's outstanding
preferred stock pursuant to the Company's Amended and Restated Certificate of
Incorporation (the "Restated Certificate"), or (iii) a Change in Control (as
defined in the Restated Certificate).

     2.   Note Subject to Purchase Agreement. This Note is one (1) of a
          ----------------------------------
series of notes (each a "Note" and collectively, the "Notes") issued or to be
issued by the Company pursuant to the terms of that certain Note and Warrant
Purchase Agreement of even date herewith by and among the Company and the
Investors listed therein (the "Purchase Agreement") having like tenor and
effect, not including variations with respect to the identity of the holder and
the principal amount of each such Note. The Notes shall rank equally without
preference or priority of any kind over one another, and all payments on account
of principal and interest with respect to any of the Notes shall be applied
ratably and proportionately on the outstanding Notes on the basis of the
principal amount of the outstanding indebtedness represented thereby.

     3.   Acquisition of Note upon Change in Control.
          ------------------------------------------

          (a) In connection with any Change in Control, provision shall be made,
and duly executed documents evidencing the same from the Company or its
successor shall be delivered to Holder, so that this Note shall be purchased
from Holder by the acquiring or surviving corporation, for an amount, payable in
the same form of consideration and on the same terms and conditions received by
the Company's preferred stockholders in such Change in Control transaction,
equal to (A) the outstanding principal and accrued interest on this Note, plus
(B) an amount equal to two (2) times the outstanding principal amount of this
Note. The valuation of consideration other than cash shall be made in accordance
with the provisions of the Restated Certificate.

          (b) If, for any reason, this Note is not, or cannot be, purchased in a
Change in Control as provided in subsection (a) above, the Company shall redeem
this Note by paying the Holder, in cash, an amount equal to (A) the outstanding
principal and accrued interest in this Note, plus (B) an amount equal to two (2)
times the outstanding principal amount of this Note.

     4.   Prepayment. The Notes may not be prepaid except with the consent of
          ----------
the Company and the holders of a majority of the outstanding principal amount of
the Notes outstanding as of the time of such proposed prepayment. Any prepayment
shall be without premium or penalty except that interest shall be paid to the
date of payment on the outstanding principal amount.

<PAGE>

     5.   Event of Default.
          ----------------

          (a) Event of Default. The following events shall constitute an "Event
              ----------------
of Default" under this Note:

              (i) Failure to Pay. The Company shall fail to pay all amounts
owed within five (5) business days of the Note Maturity Date as required under
the terms of this Note; or

              (ii) Bankruptcy or Insolvency Proceedings. The Company shall (a)
apply for or consent to the appointment of a receiver, trustee, liquidator or
custodian of itself or of all or a substantial part of its property, (b) make a
general assignment for the benefit of its creditors, (c) be dissolved or
liquidated in full or in part, (d) commence a voluntary case or other proceeding
seeking liquidation, reorganization or other relief with respect to itself or
its debts under any bankruptcy, insolvency or other similar law now or hereafter
in effect or consent to any such relief or to the appointment of or taking
possession of its property by any official in an involuntary case or other
proceeding commenced against it, (e) an involuntary petition is filed against
the Company under any bankruptcy, reorganization, insolvency or moratorium law,
or any other law or laws for the relief of, or relating to, debtors unless such
petition shall be dismissed, vacated or withdrawn within sixty (60) days of the
date thereof, or (f) take any action or have any action taken against it or any
endorser or guarantor of this Note for the purpose of effecting any of the
foregoing, and an order for relief entered or such proceeding shall not be
dismissed, discharged, stayed or withdrawn within sixty (60) days of
commencement.

              (iii) Other Events. The Company shall (a) have its obligations
under the Senior Indebtedness (as defined below) accelerated, or (b) otherwise
fail to observe or perform any of its material obligations under the Notes or
the Purchase Agreement or breach any of its representations and warranties under
the Purchase Agreement the effect of which constitutes a material adverse effect
on the Company or on the ability of the Holders to utilize the Holder's
California usury law exemption under Section 25118 of the California
Corporations Code.

          (b) Acceleration. If an Event of Default with respect to the Company
              ------------
occurs and is continuing, then Holder may declare the outstanding principal and
accrued interest on this Note and all other payments payable hereunder to be
forthwith due and payable immediately, without presentment, demand, protest or
further notice of any kind, all of which are hereby expressly waived by the
Company, to the fullest extent permitted by applicable law. The Holder by notice
to the Company may rescind an acceleration and its consequences if the
rescission would not conflict with any judgment or decree and if all existing
Events of Default have been cured or waived. No such rescission shall affect any
subsequent default or impair any right thereto.

     6.   Usury. It is the express intent of the Company and Holder hereto that
          -----
the payment of all or any portion of the outstanding principal amount of and
accrued interest under this Note be exempt from the application of any
applicable usury or similar laws under any state, federal or foreign
jurisdiction. The Company hereby irrevocably waives, to the fullest extent
permitted by law, any objection or defense which the Company may now or
hereafter have to the payment when due of any and all Note principal or accrued
interest arising out of or relating to a claim of usury or similar laws and the
Company hereby agrees that neither it nor any of its affiliates shall in the
future bring,

<PAGE>

commence, maintain, prosecute or voluntarily aid in any action at law,
proceeding in equity or other legal proceeding against Holder based on a claim
that the Company's payment obligations under this Note violate the usury or
similar laws of any state, federal or foreign jurisdiction. Notwithstanding the
foregoing, in the event any interest is paid on this Note which is deemed to be
in excess of the then legal maximum rate, then that portion of the interest
payment representing an amount in excess of the then legal maximum rate shall be
deemed a payment of principal and applied against the principal of this Note.

     7.   Unconditional Obligation: Fees, Waivers, Other. The Company and the
          ----------------------------------------------
Holder agree as follows:

          (a) No forbearance, indulgence, delay or failure to exercise any right
or remedy with respect to this Note shall operate as a waiver, nor as an
acquiescence in any default, nor shall any single or partial exercise of any
right or remedy preclude any other or further exercise thereof.

          (b) The Company hereby expressly waives demand and presentment for
payment, notice of nonpayment, notice of dishonor, protest, notice of protest,
bringing of suit, and diligence in taking any action to collect amounts called
for hereunder, and shall be directly and primarily liable for the payment of all
sums owing and to be owing hereon, regardless of and without any notice,
diligence, act or omission with respect to the collection of any amount called
for hereunder or in connection with any right at any and all times which Holder
had or is existing hereunder.

     8.   Notices. All notices and other communications required or permitted
          -------
hereunder shall be in writing and delivered, mailed or transmitted by any
standard form of telecommunication. Notices and other communications to the
Holder shall be directed to it at its address noted in the Company's records;
and notices and other communications to the Company shall be directed to it at
its address at NetFlix.com, Inc., 970 University Avenue, Los Gatos, California
95032, attention: Chief Financial Officer, with a copy to NetFlix.com, Inc., 970
University Avenue, Los Gatos, California 95032, attention: General Counsel; or
as to each party, at such other address as shall be designated by such party in
a written notice to the other party pursuant hereto. Any such notice or other
communication shall be deemed to have been duly given (a) when sent by Federal
Express or other overnight delivery service of recognized standing, on the
business day following deposit with such service; (b) when mailed by registered
or certified mail, first class postage prepaid and addressed as aforesaid
through the United States Postal Service, upon receipt; (c) when delivered by
hand, upon delivery; and (d) when telecopied, upon confirmation of receipt. Any
party hereto may by notice so given change its address for future notice
hereunder.

     9.   Payment. Payment shall be made in lawful tender of the United States.
          -------

     10.  Subordination. The indebtedness evidenced by this Note is hereby
          -------------
expressly subordinated, to the extent and in the manner hereinafter set forth,
in right of payment to the prior payment in full of all the Company's Senior
Indebtedness, as hereinafter defined. "Senior Indebtedness" shall mean the
principal of (and premium, if any) and unpaid interest on, or other payment
obligation with respect to all indebtedness of the Company to commercial banks
for money borrowed by the Company, to leasing companies, and to similar
financial institutions, whether incurred previously or incurred after the date
the Notes are made. Any and all claims arising under

<PAGE>

this Note are and shall be at all times subject and subordinate to the Senior
Indebtedness and any interest thereon.

     11.  No Third Party Rights. Nothing expressed in or to be implied from this
          ---------------------
Note is intended to give, or shall be construed to give, any person, other than
the parties hereto and their permitted successors and assigns, any benefit or
legal or equitable right, remedy or claim under or by virtue of this Note.
Notwithstanding the foregoing, all references to the "Holder" or the "Company"
shall apply to their respective heirs, successors or assignees. This Note may
not be assigned or transferred by the Company except in the event of a Change in
Control.

     12.  Replacement of Note. Upon receipt of evidence reasonably satisfactory
          -------------------
to the Company of the loss, theft, destruction, or mutilation of this Note (or
any security issued on conversion of this Note), the Company will issue a
replacement instrument, at the Holder's expense, representing such securities in
lieu of such lost, stolen, destroyed, or mutilated instrument, provided that the
Holder agrees to indemnify the Company for any losses incurred by the Company
with respect to such instrument.

     13.  Amendment. Except as expressly provided herein, neither this Note nor
          ---------
any term hereof may be amended, waived, discharged, or terminated other than by
a written instrument referencing this Note and signed by the Company and the
holders of a majority of the outstanding principal amount of the Notes. Any such
amendment, waiver, discharge, or termination effected in accordance with the
preceding sentence shall be binding upon the Holder. Holder acknowledges that by
the operation of this paragraph, the holders of a majority of the outstanding
principal amount of the Notes will have the right and power to diminish or
eliminate all rights of the Holder under this Note. Notwithstanding the
foregoing, Holder may waive any of its rights pursuant to the terms of this Note
without the consent of any of the other holders of the Notes.

     14.  Governing Law. This Note and all actions arising out of or in
          -------------
connection with this Note shall be governed by and construed in accordance with
the laws of the State of California, without application of conflicts of law
principles thereunder.

     15.  Severability. In the event that any one or more provisions of this
          ------------
Note shall be held to be illegal, invalid or otherwise unenforceable, the same
shall not affect any other provision of this Note and the remaining provisions
of this Note shall remain in full force and effect.

     16.  Expenses. The Company agrees to pay all reasonable costs, fees and
          --------
expenses incurred by the Holder and its assigns (including, without limitation,
costs of collection, court costs and reasonable attorney's fees and
disbursements) in connection with the successful enforcement of the Holder's
rights under this Note in the event of the failure of the Company to pay any
amounts under this Note when due (all such costs, fees and expenses being herein
referred to as "Costs"). The Company agrees that any payments received by the
Holder from the Company hereunder will first be applied to Costs, then to
interest accrued and unpaid on the principal amount and the balance to the
outstanding principal amount.

<PAGE>

     IN WITNESS WHEREOF, Company has caused this Note to be issued as of the
date first written above.

                                      NETFLIX.COM, INC.,
                                      a Delaware corporation

                                      By:
                                          --------------------------------------
                                          Barry McCarthy
                                          Chief Financial Officer

     By its counter-signature below, Holder hereby agrees to the foregoing terms
and conditions set forth in this Note.

"HOLDER"

By:
Its:

By:
    -----------------------------------
    Name:
    Title:

Address:
         ------------------------------

---------------------------------------

---------------------------------------

                [Signature Page to Subordinated Promissory Note]POMEROY COMPUTER RESOURCES, INC.
                     FIRST AMENDMENT TO EMPLOYMENT AGREEMENT

     This First Amendment to Employment Agreement ("First Amendment") is made as
of  the  ____ day of ____________________, 2002, by and between POMEROY COMPUTER
RESOURCES,  INC.,  a  Delaware  corporation  ("Company"),  and TIMOTHY E. TONGES
("Employee").

     WHEREAS, on the 31st day of May, 2001, the Company and Employee executed an
Employment  Agreement  ("Agreement")  whereunder Employee agreed to serve as the
Company's Executive Vice President of Sales and Operations pursuant to the terms
thereof;  and

          WHEREAS,  Company  and  Employee  now  desire to enter into this First
Amendment  to Employment Agreement to provide Employee with continued employment
with  the  Company  and  additional  responsibilities,  duties,  benefits  and
compensation  incident  thereto.

     NOW,  THEREFORE,  in consideration of the foregoing premises and the mutual
covenants  hereinafter  set  forth,  the  parties  hereby  agree  as  follows:

1.   Section  2  of  the  Agreement  shall  be  amended  as  follows:

2.   Term.  The  term  of Employee's employment pursuant to this First Amendment
     ----
     shall begin on the date first written above and shall continue for a period
     of  three  (3)  years thereafter, unless terminated earlier pursuant to the
     provisions  of  Section  10  of the Agreement, provided that Sections 8, 9,
     10(b),  11,  if  applicable,  and 12, if applicable, of the Agreement shall
     survive  the  termination of such employment and shall expire in accordance
     with  the  terms  set  forth  therein.

3.   Section  5  shall be amended by deleting Sections 5(a), 5(d)(ii), 5(e), and
     5(g)  of  the  Agreement  in  their  entirety  and  replacing them with the
     following:

     5.   Compensation.  For all services rendered by the Employee, compensation
          ------------
          shall  be  paid  to  Employee  as  follows:

               (a)  Base Salary. Effective March 1, 2002, Employee's base annual
                    -----------
               salary  shall  be  $225,000.00.  Employee shall be entitled to an
               increase  in  his  annual  base  salary, in the event the Company
               meets  or  exceeds  the  following  net  profit  before  taxes
               thresholds:  (1)  if Company's net profit before taxes for fiscal
               year  2002  is  greater  than 4.5% during that period, Employee's
               annual  base  salary  for the second year of this First Amendment
               shall  be  automatically  increased  by  $25,000.00;  and  (2) if
               Company's net profit before taxes for fiscal year 2003 is greater
               than  5.0%  during that period, Employee's annual base salary for
               the  final  year of the initial term of this three (3) year First
               Amendment  shall  be  automatically  increased  by  $25,000.00.

                                        1
<PAGE>
               (d)  Quarterly  Bonus  based  on  NPBT.
                    ----------------------------------
                        (ii)  Employee  shall  also  be  eligible  to  receive a
               quarterly  bonus  if  Company's  net profit before taxes ("NPBT")
               meet  or  exceed  certain thresholds, which are more particularly
               set  forth  herein  below.  If  Company's NPBT for the applicable
               quarter  is  greater  than  4.0%,  Employee  shall be entitled to
               receive  a cash bonus of $15,000.00 for the quarter; if Company's
               NPBT  for  the applicable quarter is greater than 4.50%, Employee
               shall  be  entitled to receive a cash bonus of $25,000.00; or, if
               Company's  NPBT  is greater than 5.0%, Employee shall be entitled
               to receive a cash bonus of $35,000.00. In the event Company fails
               to  attain  the  NPBT  thresholds  referenced hereinabove for the
               applicable  quarter,  Employee  shall  not  be  eligible  for  or
               entitled  to  any  bonus  hereunder. The quarterly bonus schedule
               provided  in this Section shall be in effect for fiscal year 2002
               only.  For  each  subsequent  year  of  this First Amendment, the
               parties  shall,  in good faith, negotiate and agree upon criteria
               for  any  such  quarterly  NPBT  related  bonuses.

               (e)  Year  End  Bonus  based  on  Company's  Performance/Results.
                    -----------------------------------------------------------
               Employee  shall  be  eligible  to  receive  a  year  end bonus in
               accordance  with  the  following  schedule so long as (1) Company
               achieves  a  net  profit before taxes ("NPBT") greater than 4.25%
               for  fiscal year 2002; (2) the Company's Core Services, excluding
               extended  warranties  and  cabling,  are equal to or greater than
               $107,000,000.00;  and  (3) Company's gross sales are in excess of
               the  following  thresholds:  If  Company generates gross sales in
               excess of $870,000,000.00 for fiscal year 2002, Employee shall be
               entitled to receive $100,000.00 in cash or stock and 25,000 stock
               options;  if  Company  generates  gross  sales  in  excess  of
               $900,000,000.00  for fiscal year 2002, Employee shall be entitled
               to receive $125,000.00 in cash or stock and 35,000 stock options;
               or  if Company generates gross sales in excess of $930,000,000.00
               for  fiscal  year  2002,  Employee  shall  be entitled to receive
               $150,000.00  in  cash or stock and 50,000 stock options. Employee
               understands  and acknowledges that payment of fifty percent (50%)
               of  any  cash  bonus deemed earned by Employee hereunder shall be
               deferred  and  subject  to  a  five  (5)  year  vesting schedule.
               Employee  further  understands  and  acknowledges  that any stock
               options  awarded  hereunder  shall be subject to a three (3) year
               vesting  schedule.  Any such stock option awards made pursuant to
               this  Section 5(e) shall be made subject to any and all terms and
               conditions  contained  in  the  Company's  1992 Non-Qualified and
               Incentive  Stock  Option  Plan  and  the Award Agreement incident
               thereto.  Any  such  award  shall  grant  Employee  the option to
               acquire  a  certain  amount of common stock of the Company at the
               fair market value of such common stock as of the applicable date.
               For  the  purposes of this First Amendment, the fair market value
               as  of  the applicable date shall mean with respect to the common
               shares,  the  average between the high and low bid and ask prices
               for  such  shares  on  the  over-the-counter  market  on the last
               business  day  prior  to  the  date  on  which the value is to be
               determined (or the next preceding date on which sales occurred if
               there  were  no  sales on such date). The year-end bonus schedule
               provided  in this Section shall be in effect for fiscal year 2002
               only.  For  each  subsequent  year  of  this First Amendment, the
               parties  shall,  in good faith, negotiate and agree upon year-end
               criteria  for  any  such  year-end  bonuses.

                                        2
<PAGE>
               (g)  Signing  Bonus.
                    ---------------

                    (i)  The  Company  hereby  agrees to provide Employee with a
                    signing  bonus,  in  the  form  of  25,000 stock options, as
                    additional  consideration for his execution of and agreement
                    to  the  terms  of  this  First  Amendment  to  Employment
                    Agreement.  Employee understands that the Company's award of
                    such  stock options is contingent upon his execution of this
                    First Amendment with the Company and that the award shall be
                    made subsequent to the execution hereof as follows: Employee
                    shall  be  awarded  the right to acquire 25,000.00 shares of
                    common  stock, .01 par value, of Pomeroy Computer Resources,
                    Inc.,  subject  to a three (3) year vesting schedule and any
                    other  conditions  contained  in  the  Pomeroy  Computer
                    Resources,  Inc.,  Non-Qualified  and Incentive Stock Option
                    Plan  and  the  Award  Agreement.  Such  award  of the stock
                    options  to  acquire  the  common  stock of Pomeroy Computer
                    Resources,  Inc.,  shall be at the fair market value of such
                    common stock as of the applicable date. For purposes of this
                    First  Amendment, the fair market value as of the applicable
                    date  shall  mean  with  respect  to  the common shares, the
                    average between the high and low bid and ask prices for such
                    shares  on  the over-the-counter market on the last business
                    day prior to the date on which the value is to be determined
                    (or the next preceding date on which sales occurred if there
                    were  no  sales  on  such  date).

                    (ii)  Furthermore,  so  long as Employee remains employed by
                    the  Company  during  the  term  of this First Amendment, he
                    shall  be  awarded (a) the right to acquire 25,000 shares of
                    common stock, $.01 par value, of Pomeroy Computer Resources,
                    Inc.,  at  the end of the second year of the initial term of
                    this  First  Amendment;  and (b) the right to acquire 25,000
                    shares  of common stock, $.01 par value, of Pomeroy Computer
                    Resources, Inc., at the end of the third year of the initial
                    term  of  this  First  Amendment.  Employee acknowledges and
                    understands  that  any  such  stock  options  awarded to him
                    hereunder  at  the  end  of the second and third year of the
                    initial  term  of this First Amendment shall be subject to a
                    three  (3)  year  vesting  schedule and any other conditions
                    contained  in  the  Pomeroy  Computer  Resources,  Inc.,
                    Non-Qualified  and Incentive Stock Option Plan and the Award
                    Agreement.  Such  award  of the stock options to acquire the
                    common  stock  of Pomeroy Computer Resources, Inc., shall be
                    at  the  fair  market  value  of such common stock as of the
                    applicable  date.  For purposes of this First Amendment, the
                    fair  market value as of the applicable date shall mean with
                    respect  to  the common shares, the average between the high
                    and  low  bid  and  ask  prices  for  such  shares  on  the
                    over-the-counter  market  on  the last business day prior to
                    the date on which the value is to be determined (or the next
                    preceding  date  on  which  sales  occurred if there were no
                    sales  on  such  date).

                                        3
<PAGE>
4.    Section  5  of  the Agreement shall be amended by adding the following new
      subsection  (d)(iv)  as  provided  below:

               5(d)(iv)   Quarterly  Bonus  based  on  Core  Services Revenues.
                          -----------------------------------------------------
          During  fiscal  year  2002,  Employee  shall  be eligible to receive a
          quarterly  bonus  based  upon  the  gross  sales of the Company's Core
          Service  offerings,  which  shall not include the sale of manufacturer
          extended  warranties  and/or  cabling  revenues,  as  follows:  if the
          Company's  gross  sales for Core Services are equal to or greater than
          $26,000,000.00  for the applicable quarter, Employee shall be entitled
          to  receive  a  cash bonus of $15,000.00; if the Company's gross sales
          for  Core Services are equal to or greater than $28,000,000.00 for the
          applicable quarter, Employee shall be entitled to receive a cash bonus
          of  $25,000.00; or, if the Company's gross sales for Core Services are
          equal to or greater than $30,000,000.00, Employee shall be entitled to
          receive  a  cash  bonus  of  $35,000.00.  The quarterly bonus schedule
          provided in this Section shall be in effect for fiscal year 2002 only.
          For  each  subsequent year of this First Amendment, the parties shall,
          in  good  faith,  negotiate  and  agree  upon  criteria  for  any such
          quarterly  bonuses  related  to  Core  Services  Revenues.

5.   Section  5  of  the  Agreement shall be amended by adding the following new
     subsection  (d)(v)  as  provided  below:

               5(d)(v).  Quarterly  Bonus - Management Based Objective ("MBO").
                         -----------------------------------------------------
          Employee  shall  be  eligible  to  receive a quarterly bonus as stated
          below  for each quarter of fiscal 2002 if the cumulative dollar amount
          of  the  Company's total outstanding Account Receivables, as such term
          is  more particularly defined herein below, is less than the following
          thresholds: If the Company's total outstanding Account Receivables are
          less than $35,000,000.00 for the applicable quarter, Employee shall be
          entitled  to  receive  a cash bonus of $7,500.00; or, if the Company's
          total outstanding Account Receivables are less than $30,000,000.00 for
          the  applicable  quarter, Employee shall be entitled to receive a cash
          bonus  of  $10,000.00;  or, if the Company's total outstanding Account
          Receivables  are  less than $25,000,000.00 for the applicable quarter,
          Employee  shall be entitled to receive a cash bonus of $15,000.00. For
          purposes  of  this  MBO bonus provision, the capitalized term "Account
          Receivables"  shall  be  defined  as  all  receivables  related to the
          following  Company  accounts,  without  regard  to  and  excluding any
          reserves  established on the Company's books for such accounts: rebate
          receivables,  receivables related to product returns, price protection
          receivables,  NSN  receivables,  deposits,  warranty/cross-ship
          reimbursement  receivables,  employee receivables, receivables related
          to  leases  and  tax related receivables arising thereunder, marketing
          receivables,  and other miscellaneous account receivables. In no event
          shall  the term "Account Receivables," as defined hereinabove, include
          receivables related to the Company's customer trade accounts. This MBO
          bonus, as provided for hereinabove, shall be in effect for fiscal year
          2002  only.

6.    Section  6(g)  of  the  Agreement  shall  be  amended  as  follows:

          6(g)  Club  Membership  Dues.  Effective  March  1,  2002,  Employee
                ----------------------
          acknowledges,  agrees  and  understands that the Company shall suspend
          this

                                        4
<PAGE>
          Section  6(g) of the Agreement and the Company shall not provide or be
          required to provide any further payment for Employee's membership dues
          at  Traditions  Golf  Club  during  the  term of this First Amendment.

     Except  as  modified  by  this First Amendment to Employment Agreement, the
parties  affirm  and  ratify  the  terms  and  conditions  of  the  Agreement.

     IN  WITNESS  WHEREOF, this First Amendment to Employment Agreement has been
executed  as  of  the  day  and  year  first  above  written.

Witnesses:

___________________________________          POMEROY  COMPUTER
                                             RESOURCES,  INC.

___________________________________          By:________________________________

___________________________________          ___________________________________
                                             TIMOTHY  E.  TONGES
____________________________________

                                        5
<PAGE>

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00039-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00039-of-00352.parquet"}]]