Document:

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Exhibit 10.1

                              EMPLOYMENT AGREEMENT

                  AGREEMENT, dated February 20, 2003 and effective as of January
13, 2003, between LOMBARDIA ACQUISITION CORP., a Delaware corporation which will
be renamed Debt Resolve Inc. (the "Company"), and the Executive identified on
EXHIBIT A attached hereto (the "Executive").

                              W I T N E S S E T H:
                               - - - - - - - - - -

                  WHEREAS, the Company desires to retain the services of the
Executive and to that end desires to enter into a contract of employment with
him, upon the terms and conditions herein set forth; and

                  WHEREAS, the Executive desires to be employed by the Company
upon such terms and conditions;

                  NOW, THEREFORE, in consideration of the premises and of the
mutual benefits and covenants contained herein, the parties hereto, intending to
be bound, hereby agree as follows:

1.       APPOINTMENT AND TERM
         --------------------

                  Subject to the terms hereof, the Company hereby employs the
Executive, and the Executive hereby accepts employment with the Company, all in
accordance with the terms and conditions set forth herein, for a period
commencing on the effective date hereof (the "Commencement Date") and ending on
the date (the "Initial Expiration Date") set forth in EXHIBIT A, unless the
parties mutually agree in writing upon a later date or the Executive's
employment hereunder is automatically renewed as otherwise provided in Section
7(d) hereof.

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2.       DUTIES
         ------

                  (a) During the term of this Agreement, the Executive shall be
employed in the position(s) set forth in EXHIBIT A and shall, unless prevented
by incapacity, devote as much of his business time, attention and ability during
normal corporate office business hours as may be reasonably required to the
discharge of his duties hereunder and to the faithful and diligent performance
of such duties and the exercise of such powers as may be assigned to or vested
in him by the Board of Directors of the Company (the "Board"), the President and
Chief Executive Officer of the Company and any other senior executive officer of
the Company, such duties to be consistent with his position. The Company
acknowledges that the Executive has other interests and other business
commitments which may require his attention and that fulfilling those
commitments shall not be inconsistent with the requirements of his commitments
under this Agreement. The Executive shall obey the lawful and reasonable
directions of the Board, the Company's President and Chief Executive Officer and
any other senior executive officer of the Company and shall use his diligent
efforts to promote the interests of the Company and to maintain and promote the
reputation thereof.

                  (b) The Executive shall not during his term of employment
(except as a representative of the Company or with the consent in writing of the
Board) be directly or indirectly engaged or concerned or interested in any other
business activity, except (i) through ownership of an interest of not more than
five percent (5%) in any entity that does not directly compete with the Company,
provided it does not impair the ability of the Executive to discharge fully and
faithfully his duties hereunder, (ii) for activities, if any, set forth in
EXHIBIT A, or (iii) as stated above.

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                  (c) Notwithstanding the foregoing provisions, the Executive
shall be entitled to serve in various leadership capacities in civic, charitable
and professional organizations. The Executive recognizes that his primary and
paramount responsibility is to the Company.

                  (d) The Executive shall be based in the geographic area set
forth on EXHIBIT A, except for required travel on the Company's business.

3.       REMUNERATION
         ------------

                  (a) As compensation for his services pursuant hereto, the
Executive shall be paid a base salary during his employment hereunder at the
annual rate set forth in EXHIBIT A; provided, that such base salary shall be
adjusted on each January 1 during the term of this Agreement, in an amount equal
to the percentage increase in the Consumer Price Index for the New York
metropolitan area (as calculated and released by the United States Bureau of
Labor Statistics) for the immediately preceding 12-month period. This amount
shall be payable in equal periodic installments in accordance with the usual
payroll practices of the Company.

                  (b) Except as provided above, in EXHIBIT A and in Sections 4,
6, 7 and 15(c) hereof, the Executive shall not be entitled to receive any
additional compensation, remuneration or other payments from the Company.

4.       HEALTH INSURANCE AND OTHER FRINGE BENEFITS
         ------------------------------------------

                  (a) The Executive understands that the Company does not
currently intend to provide any regular employee fringe benefit programs,
including, but not limited to, medical, hospitalization and disability insurance
and life insurance, but to the extent that the Company shall make available any
such program in the future, participation in any such program shall be made
available to the Executive on terms substantially consistent with those made
available to other executives of the Company.

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                  (b) The Executive understands that the Company does not
presently have, but currently intends to implement in the future, a stock option
plan. The Executive shall participate in any such stock option plan as and to
the extent authorized from time to time by the board of directors of the
Company.

5.       VACATION
         --------

                  The Executive shall be entitled to the number of weeks of
vacation set forth in EXHIBIT A (in addition to the usual national holidays)
during each contract year during which he serves hereunder. Such vacation shall
be taken at such time or times as reasonably requested by the Executive.

6.       REIMBURSEMENT FOR EXPENSES
         --------------------------

                  The Executive shall be reimbursed for reasonable documented
business expenses incurred in connection with the business of the Company in
accordance with practices and policies established by the Company; provided,
that the parties hereto hereby agree that for purposes of this Agreement
first-class airline travel by the Executive incurred in connection with the
business of the Company and for all flights over three (3) hours in scheduled
duration is in accordance with practices and policies established by the Company
and shall be deemed a "reasonable" business expense.

7.       TERMINATION
         -----------

                  (a) This Agreement shall terminate in accordance with the
terms of Section 7(b) hereof; PROVIDED, HOWEVER, that such termination shall not
affect the obligations of the Executive pursuant to the terms of Sections 8 and
9.
                  (b) This Agreement shall terminate on the Initial Expiration
Date; or as follows:

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                           (i) Upon the written notice to the Executive by the
Company at any time, because of (w) the willful and material malfeasance,
dishonesty or habitual drug or alcohol abuse by the Executive demonstrably
related to or demonstrably affecting the performance of his duties, (x) the
Executive's continuing and intentional breach, non-performance or non-observance
of any of the terms or provisions of this Agreement, but only after notice by
the Company of such breach, nonperformance or nonobservance and the failure of
the Executive to cure such default as soon as practicable, (y) the conduct by
the Executive which the Board in good faith determines could reasonably be
expected to have a material adverse effect on the business, assets, properties,
results of operations, financial condition, personnel or prospects of the
Company (within each category, taken as a whole), but only after notice by the
Company of such conduct and the failure of the Executive to cure same as soon as
practicable, or (z) upon the Executive's conviction of a felony, any crime
involving moral turpitude (including, without limitation, sexual harassment)
related to or affecting the performance of his duties or any act of fraud,
embezzlement, theft or willful breach of fiduciary duty against the Company
((w)-(z), collectively, "Cause") .

                           (ii) In the event the Executive, by reason of
physical or mental disability, shall be unable to perform the services required
of him hereunder for a period of more than 120 consecutive days, or for more
than a total of 180 non-consecutive days in the aggregate during any period of
twelve (12) consecutive calendar months, on the 121st consecutive day, or the
181st day, as the case may be. The Executive agrees, in the event of any dispute
under this Section 7(b)(ii), and after written notice by the Board, to submit to
a physical examination by a licensed physician practicing in the metropolitan
New York and/or Westchester County, New York area selected by the Board, and
reasonably acceptable to the Executive.

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                           (iii) In the event the Executive dies while employed
pursuant hereto, then such termination shall occur on the day on which his
death occurs; provided, that if there is not in effect, at the time of the
Executive's death, a life insurance policy with all current premiums paid for by
the Company, and with a death benefit, payable to a beneficiary designated by
the Executive, in an amount no less than the Executive's then current annual
salary, then such termination shall occur on the one-year anniversary of the
Executive's death.

                           (iv) Upon sixty (60) days' written notice by the
Executive to the Company, in the event that the Company (A) shall not comply
with any material provision of this Agreement and shall not have cured any such
failure within thirty (30) days after written notice of such noncompliance has
been given by the Executive to the Company, or (B) shall assign to the Executive
any duties that are materially inconsistent with his status or that materially
diminish his duties hereunder.

                           (v) As set forth on EXHIBIT A attached hereto.

                  (c) If this Agreement is terminated pursuant to Section 7(b),
then, other than as set forth in this Agreement, the Company will have no
further liability to the Executive after the date of termination including,
without limitation, the compensation and benefits described herein; PROVIDED
that, in the case of termination pursuant to Section 7(b)(ii), the Executive
will receive his then current salary until such time (but not more than 180 days
after such disability) as payments begin under any disability insurance plan of
the Executive; and PROVIDED, FURTHER, that in the case of termination pursuant
to Section 7(b)(iv), the Executive will continue to receive from the Company his
salary pursuant to Section 3(a) hereto, and all other compensation,
remuneration, benefits or other payments to which the Executive may be entitled
hereunder to receive from the Company, from the date of termination until the
earlier to occur of the Initial Expiration Date or the Final Expiration Date.

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                  (d) In the event the Company chooses not to enter into any
agreement or amendment extending the Executive's employment beyond the Initial
Expiration Date, the Company agrees to provide Executive at least six months'
prior written notice of such determination, during which time the Executive may
seek alternative employment while still being employed by the Company. If the
Company does not provide the Executive with at least six months' prior written
notice of such determination, then the Executive's employment hereunder shall be
automatically renewed for a period commencing on the day following the Initial
Expiration Date and ending on the date (the "Final Expiration Date") set forth
on EXHIBIT A.

                  (e) Upon the occurrence of a Change of Control (as defined
below) during the term of this Agreement, then, in addition to all other
compensation, remuneration or other payments to which the Executive shall be
entitled hereunder to receive from the Company, the Executive shall also be paid
pursuant to this Agreement an amount equal to twenty-five percent (25%) of (A)
five percent (5%) of the first Five Million Dollars ($5,000,000) of the
Transaction Value (as defined below), but in any event in an amount not less
than Two Hundred Fifty Thousand Dollars ($250,000), (B) two and one half percent
(2.5%) of the next Ten Million Dollars ($10,000,000) of the Transaction Value,
and (C) one percent (1%) of the remaining Transaction Value. A Change of Control
shall be deemed to have occurred at such time as any person, other than the
Company, its existing shareholders or any of its or their affiliates on the date
hereof, purchases the "beneficial ownership" (as defined in Rule 13d-3 under the
Securities Exchange Act of 1934), directly or indirectly, of 50% or more of the
combined voting power of voting securities then ordinarily having the right to
vote for directors of the Company; provided, that a Change of Control shall not
be deemed to have occurred with respect to (x) the Company's sale of up to Three
Million Dollars ($3,000,000) of shares of common stock of the Company pursuant
to a private placement of securities, or (y) the underwritten initial public

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offering of securities of the Company pursuant to a registration statement filed
in accordance with the requirements of the Securities Act of 1933, as amended,
and the rules and regulations promulgated thereunder. "Transaction Value" means
the aggregate amount of Consideration (as defined below) paid by the person
effectuating a Change of Control, its affiliates, and/or its owners
(collectively, the "Control Party"). "Consideration" means cash, securities, and
any other form of payment made by the Control Party, plus all non-trade
liabilities assumed by the Control Party, pursuant to the transaction
effectuating such Change of Control.

8.       CONFIDENTIAL INFORMATION
         ------------------------

                  (a) The Executive covenants and agrees that he will not at any
time during the continuance of this Agreement or at any time thereafter (i)
print, publish, divulge or communicate to any person, firm, corporation or other
business organization (except in connection with the Executive's employment
hereunder) or use for his own account any secret or confidential information
relating to the business of the Company (including, without limitation,
information relating to any customers, suppliers, employees, products, services,
formulae, technology, know-how, trade secrets or the like, financial information
or plans) or any secret or confidential information relating to the affairs,
dealings, projects and concerns of the Company, both past and planned (the
"Confidential Information"), which the Executive has received or obtained or may
receive or obtain during the course of his employment with the Company (whether
or not developed, devised or otherwise created in whole or in part by the
efforts of the Executive), or (ii) take with him, upon termination of his
employment hereunder, any information in paper or document form or on any

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computer-readable media relating to the foregoing. The term "Confidential
Information" does not include information which is or becomes generally
available to the public other than as a result of disclosure by the Executive or
which is generally known in the consumer debt collection business. The Executive
further covenants and agrees that he shall retain the Confidential Information
received or obtained during such service in trust for the sole benefit of the
Company or its successors and assigns.

                  (b) The term Confidential Information as defined in Section
8(a) hereof shall include information obtained by the Company from any third
party under an agreement including restrictions on disclosure known to the
Executive.

                  (c) In the event that the Executive is requested pursuant to
subpoena or other legal process to disclose any of the Confidential Information,
the Executive will provide the Company with prompt written notice so that the
Company may seek a protective order or other appropriate remedy and/or waive
compliance with Section 8 of this Agreement. In the event that such protective
order or other remedy is not obtained or that the Company waives compliance with
the provisions of Section 8 of this Agreement, the Executive will furnish only
that portion of the Confidential Information which is legally required.

9.       RESTRICTIONS DURING EMPLOYMENT AND FOLLOWING TERMINATION
         --------------------------------------------------------

                  (a) The Executive shall not, anywhere within the United States
or in any other country or jurisdiction in which the Company may operate, or may
contemplate operating in, during his full term of employment under Sections 1
and 7(d) hereof and for a period of six months thereafter, notwithstanding any
earlier termination pursuant to Section 7(b) hereof, without the prior written
consent of the Company, directly or indirectly, and whether as principal, agent,
officer, director, partner, employee, consultant, broker, dealer or otherwise,
alone or in association with any other person, firm, corporation or other
business organization, carry on, or be engaged, have an interest in or take part

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in, or render services to any person, firm, corporation or other business
organization (other than the Company) engaged in a business which is directly
competitive with all or part of the Business of the Company. The term "Business
of the Company" shall mean the collection of consumer debt or any other business
in which the Company may be engaged, or may contemplate engaging in, during the
term of this Agreement.

                  (b) The Executive shall not, for a period of six months after
termination of his employment hereunder, either on his own behalf or on behalf
of any other person, firm, corporation or other business organization, endeavor
to entice away from the Company any person who, at any time during the
continuance of this Agreement, was an employee of the Company.

                  (c) The Executive shall not, for a period of six months after
termination of his employment hereunder, either on his own behalf or on behalf
of any other person, firm, corporation or other business organization, solicit
or direct others to solicit, any of the Company's customers or prospective
customers (including, but not limited to, those customers or prospective
customers with whom the Executive had a business relationship during his term of
employment) for any purpose or for any activity which is competitive with all or
part of the Business of the Company.

                  (d) It is understood by and between the parties hereto that
the foregoing covenants by the Executive set forth in this Section 9 are
essential elements of this Agreement and that, but for the agreement of the
Executive to comply with such covenants, the Company would not have entered into
this Agreement. It is recognized by the Executive that the Company currently
operates in, and may continue to expand its operations throughout, the

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geographical territories referred to in Section 9(a) above. The Company and the
Executive have independently consulted with their respective counsel and have
been advised in all respects concerning the reasonableness and propriety of such
covenants.

10.      REMEDIES
         --------

                  (a) Without intending to limit the remedies available to the
Company, it is mutually understood and agreed that the Executive's services are
of a special, unique, unusual, extraordinary and intellectual character giving
them a peculiar value, the loss of which may not be reasonably or adequately
compensated in damages in an action at law, and, therefore, in the event of any
material breach by the Executive that continues after any applicable cure
period, the Company shall be entitled to equitable relief by way of injunction
or otherwise.

                  (b) The covenants of each of Sections 8 and 9 hereof shall be
construed as independent of any other provisions contained in this Agreement and
shall be enforceable as aforesaid notwithstanding the existence of any claim or
cause of action of the Executive against the Company, whether based on this
Agreement or otherwise. In the event that any of the provisions of Sections 8 or
9 hereof should ever be adjudicated to exceed the time, geographic,
product/service or other limitations permitted by applicable law in any
jurisdiction, then such provisions shall be deemed reformed in any such
jurisdiction to the maximum time, geographic, product/service or other
limitations permitted by applicable law.

11.      COMPLIANCE WITH OTHER AGREEMENTS
         --------------------------------

                  The Executive represents and warrants to the Company that the
execution of this Agreement by him and his performance of his obligations
hereunder will not, with or without the giving of notice or the passage of time
or both, conflict with, result in the breach of any provision of or the
termination of, or constitute a default under, any agreement to which the
Executive is a party or by which the Executive is or may be bound.

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12.      WAIVERS
         -------

                  The waiver by the Company or the Executive of a breach of any
of the provisions of this Agreement shall not operate or be construed as a
waiver of any subsequent breach.

13.      BINDING EFFECT; BENEFITS
         ------------------------

                  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, including any corporation or other business
organization with which the Company may merge or consolidate or sell all or
substantially all of its assets. Insofar as the Executive is concerned, this
contract, being personal, cannot be assigned.

14.      NOTICES
         -------

                  All notices and other communications which are required or may
be given under this Agreement shall be in writing and shall be deemed to have
been duly given when delivered to the person to whom such notice is to be given
at his or its address set forth below, or such other address for the party as
shall be specified by notice given pursuant hereto:

                  (a) If to the Executive, to him at the address set forth in
EXHIBIT A.

                           and

                  (b) If to the Company, to it at:

                      Lombardia Acquisition Corp.
                      (to be renamed Debt Resolve Inc.)
                      c/o Ambassadors LLC
                      707 Westchester Avenue, Suite 213
                      White Plains, New York  10604

                      with a copy to:

                      Greenberg Traurig, LLP
                      200 Park Avenue, 15th Floor
                      New York, New York  10166
                      Attention:  Spencer G. Feldman, Esq.

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15.      MISCELLANEOUS
         -------------

                  (a) This Agreement contains the entire agreement between the
parties hereto and supersedes all prior agreements and understandings, oral or
written, between the parties hereto with respect to the subject matter hereof.
This Agreement may not be changed, modified, extended or terminated except upon
written amendment approved by the Board and executed by a duly authorized
officer of the Company and the Executive.

                  (b) The Executive acknowledges that from time to time, the
Company may establish, maintain and distribute employee manuals of handbooks or
personnel policy manuals, and officers or other representatives of the Company
may make written or oral statements relating to personnel policies and
procedures. Such manuals, handbooks and statements are intended only for general
guidance. No policies, procedures or statements of any nature by or on behalf of
the Company (whether written or oral, and whether or not contained in any
employee manual or handbook or personnel policy manual), and no acts or
practices of any nature, shall be construed to modify this Agreement or to
create express or implied obligations of any nature to the Executive.

                  (c) The Company shall have no obligation actually to utilize
the Executive's services; if the Company elects not to use the Executive's
services at any time, the Company's obligations to the Executive shall be
satisfied, in all respects, by the payment to the Executive for the balance of
the term of the Executive's employment under this Agreement, the compensation
provided in Section 3, plus any other amounts payable to the Executive and the
continuation of benefits under Section 4, as described below. During such
remaining term of employment, the Executive shall be entitled to seek other
employment provided that such employment would not violate the terms of this

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Agreement, including Sections 8 and 9 hereof; and the seeking of such employment
shall not be deemed a violation of this Agreement. At any time at which the
Company elects not to use the Executive's services, the Executive shall have the
right to terminate his employment hereunder, whereupon (i) the Company shall pay
to the Executive a lump sum amount equal to 80% of the balance of the payments
due to the Executive (at the Executive's then current compensation pursuant to
Section 3(a)), plus any other amounts payable to the Executive and (ii) except
as set forth in Sections 8 and 9 hereof (but including only the first 80% of the
period remaining in the Executive's full term of employment for purposes of
Section 9(a) hereof), the Executive and the Company shall thereupon each be
released from all further obligations to each other.

                  (d) This Agreement may be executed in counterparts, each of
which shall be deemed to be an original, but all of which together shall
constitute one and the same instrument.

                  (e) All questions pertaining to the validity, construction,
execution and performance of this Agreement shall be governed by and construed
in accordance with the laws of the State of New York, without regard to its
conflict of law principles.

                  (f) Any controversy or claim arising from, out of or relating
to this Agreement, or the breach hereof (other than controversies or claims
arising from, out of or relating to the provisions in Sections 8, 9 and 10),
shall be determined by final and binding arbitration in New York, New York, in
accordance with the Employment Dispute Resolution Rules of the American
Arbitration Association, by a panel of not less than three (3) arbitrators
appointed by the American Arbitration Association. The decision of the
arbitrators may be entered and enforced in any court of competent jurisdiction
by either the Company or the Executive.

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                  The parties indicate their acceptance of the foregoing
arbitration requirement by initialing below:

----------------------------------                ------------------------------
         For the Company                                    Executive

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

                                            LOMBARDIA ACQUISITION CORP.
                                            (To be renamed Debt Resolve Inc.)

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

                                            EXECUTIVE

                                            ------------------------------------
                                                 Name:

                                       15<PAGE>

EXHIBIT 10.2

                            LIMITED LICENSE AGREEMENT
                            -------------------------

                  Limited License Agreement (this "AGREEMENT"), dated February
20, 2003, by and among LOMBARDIA ACQUISITION CORP., a Delaware corporation which
will be renamed Debt Resolve Inc. (the "COMPANY"), having offices at 707
Westchester Avenue, Suite 213, White Plains, New York 10604, JAMES D. BURCHETTA,
an individual residing at 210 Central Park South, New York, New York 10019
("BURCHETTA"), and CHARLES S. BROFMAN, an individual residing at 4 Five Ponds
Drive, Waccabuc, New York 10597 ("BROFMAN" and, together with Burchetta, the
"LICENSOR").

                  In consideration of the promises and the mutual covenants
herein contained and for other good and valuable consideration which is set
forth herein, the Company and the Licensor hereby agree as follows:

         1.       CERTAIN DEFINITIONS

                  As used in this Agreement, the following terms shall have the
respective meanings set forth below:

                  1.1 "GROSS REVENUES" means all revenues received by the
Company for or on account of the Licensed Usage, including without limitation
the use, sale or distribution of the System, or any software application or
system created pursuant to this Agreement.

                  1.2 "INTELLECTUAL PROPERTY RIGHTS" means all inventions and
U.S. and foreign patents, copyrights (including without limitation any Licensor
Content as defined below, whether or not copyrightable), trademarks (including
without limitation the Marks (as defined below)), trade secrets, know-how, and
other intellectual property and proprietary rights relating to U.S. Patent No.
6,330,551 issued by the U.S. Patent and Trademark Office on December 11, 2001
for "Computerized Dispute Resolution System and Method," and the exploitation
thereof, together with all patents issuing thereon including re-issues,
re-examinations, patents of addition and any registration or confirmation
patents corresponding thereto, divisions, continuations, continuations-in-part,
substitutions, and changes of applications thereof (collectively, the "Patent"),
whether related to said U.S. and foreign applications directly or through one or
more intervening applications, and whether or not registered or made the subject
of any applications for registration, all of the foregoing subject to the
provisions herein concerning ownership of the Custom Materials (as defined
below).

                  1.3 "LICENSED USAGE" means the use of the Intellectual
Property Rights to create software and other code enabling an automated system
used solely for the settlement and collection of credit card receivables and
other consumer debt (and specifically excluding without limitation the
settlement and collection of insurance claims, taxes and other municipal fees of
all types, and those rights which have been previously exclusively licensed to
Cybersettle, Inc. in connection with its business) (the "SYSTEM") in the
Territory as hereinafter defined, and the use, marketing and distribution of the
System by the Company.

                  1.4 "MARKS" means the trademarks, service marks, domain names,
brand names, artwork, logos, graphics, video, text, data and other materials
used or intended to be used by Licensor (including without limitation the
service mark DEBTRESOLVE and the domain names debtresolve.com and
debtresolve.net) to indicate the source of the System in the marketplace.

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                  1.5 "SECURITY ASSET LICENSE" means, collectively, (i) that
certain Limited License Agreement, dated as of June 26, 2002, by and between
Burchetta and Security Asset Capital Corporation, a Nevada corporation
("SECURITY Asset"), and the license granted thereunder, and (ii) that certain
Limited License Agreement, dated as of June 26, 2002, by and between Brofman and
Security Asset, and the license granted thereunder.

                  1.6 "SYSTEM" means an automated system used solely for the
settlement and collection of credit card receivables and other consumer debt
(and specifically excluding without limitation the settlement and collection of
insurance claims, taxes and other municipal fees of all types, and those rights
which have previously been exclusively licensed to Cybersettle, Inc. in
connection with its business).

                  1.7 "TERRITORY" means the United States of America, Canada,
United Kingdom and each other country where Licensor owns Intellectual Property
Rights.

         2.       LICENSE AND OWNERSHIP PROVISIONS

                  2.1 GRANT OF LICENSE. Subject to the Security Asset License,
the Licensor hereby grants a limited, exclusive, royalty-bearing,
non-transferable license to the Company to utilize the Intellectual Property
Rights, in the Territory only, solely forthe Licensed Usage. The license granted
herein shall not include the right to sublicense without the prior written
consent of Licensor, which consent may be withheld in Licensor's sole
discretion. The rights granted to the Company in this Section 2.1 do not extend
to any individuals, employees, agents, contractors, subsidiaries, parents,
affiliates or persons or entities otherwise related to or affiliated with the
Company, except as provided in Section 8.7 herein.

                  2.2 OWNERSHIP OF CUSTOM MATERIALS AND LICENSOR CONTENT. All
right, title and interest (including, without limitation, intellectual property
rights) in and to the computer code, software, programs and documentation
developed or created hereunder (including source code and object code), designs,
products, drawings, documentation, information, trade secrets, know-how,
deliverables and other materials made and developed in connection with this
Agreement (the "CUSTOM MATERIALS") shall be jointly owned by Licensor and the
Company, except that Licensor may not use, market, or distribute Custom
Materials for the Licensed Usage or services competitive with the System during
the term of this Agreement, such rights during such term being exclusive to the
Company. The parties hereby acknowledge and agree that any and all corporate
identifiers, brand names, trademarks, service marks, artwork, logos, graphics,
video, text, data and other materials supplied by Licensor in connection with
this Agreement, as well as the domain name or names assigned to the Web Site
(collectively, the "LICENSOR CONTENT") and all rights with respect thereto,
shall remain the sole and exclusive property of Licensor.

                  2.3 TRADEMARK LICENSE, QUALITY CONTROL. Subject to the terms
and conditions of this Agreement, Licensor grants to the Company an exclusive
license to use the Marks in the Territory during the term of this Agreement
solely for the Licensed Usage, and only in the manner, style and form approved
in advance in writing by Licensor in its reasonable discretion. The Company

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agrees to adhere to such specific reasonable quality control standards that
Licensor may from time to time communicate to the Company with respect to the
Marks. The Company agrees that it will, prior to any use by it, submit to the
Company for its prior written approval samples of all web site content and all
advertising and promotional materials in all media displaying the Marks,
provided that the Company may continue to use any samples that are identical to
any samples previously approved by Licensor in writing without the necessity of
any subsequent approval. Licensor hereby designates Charles Brofman as its
representative to review and approve or reject on its behalf all samples
submitted by the Company for prior approval. Licensor shall have ten (10)
business days in which to approve or disapprove in writing of submitted samples,
after which time Licensor shall be deemed to have rejected the samples. Licensor
shall have the right, in its sole discretion to require that the Company submit
to Licensor reasonable numbers of additional representative samples of any
materials displaying the Marks. If the Company fails to comply with any of the
provisions of this Section, such failure shall be deemed to be a material breach
of the Company's obligations under this Agreement for the purposes of the
termination provisions of Section 5.2 herein.

                  2.4 TRADEMARK OWNERSHIP ACKNOWLEDGEMENT, CHALLENGES
PROHIBITED; CONTINGENT AGREEMENT TO FUTURE ASSIGNMENT OF THE MARKS. The Company
acknowledges that Licensor owns all right, title, and interest in and to the
Marks and the goodwill associated therewith, and that any use of the Marks by
the Company and any goodwill associated with such use shall inure solely to the
benefit of Licensor. The Company will not, directly or indirectly, object to or
contest the ownership of or use or registration by Licensor or any of their
respective affiliates, successors, licensees or assigns in the Marks worldwide,
nor register, attempt to register, or cause to be registered any mark, trade
name, corporate name, or domain name, incorporating the Marks, or any marks or
terms confusingly similar thereto. Licensor agrees to use commercially
reasonable efforts to initiate, prosecute, and maintain appropriate national
registrations for the Marks in the Territory. Licensor further agrees that if
this Agreement remains in full force and effect for a period of three years from
the execution hereof and there has been no uncured material breach of this
Agreement by the Company within said three-year period, Licensor will at such
time assign to the Company all of Licensor's right, title, and interest in and
to the Marks and the business and goodwill appurtenant thereto .

                  2.5 SCOPE. Licensor reserves for itself all rights not
expressly granted to the Company hereunder. The Company expressly recognizes and
acknowledges that this Agreement does not confer on the Company any ownership
rights in the Intellectual Property Rights, subject only to the limited license
for the Licensed Usage and the joint ownership of Custom Materials as set forth
in this Agreement. Subject to the foregoing sentence, the Company agrees and
covenants that it shall not during the term of this Agreement or thereafter
challenge, contest, or take any actions inconsistent with Licensor's ownership
of the Intellectual Property Rights, including without limitation Licensor's
exclusive right to apply to register (or maintain any application or
registration for) any Intellectual Property Rights in any jurisdiction worldwide
in which Licensor holds or maintains rights or registrations in the Intellectual
Property Rights. The Company, at Licensor's request, will require all employees,
agents, and subcontractors performing services pursuant to this Agreement to
sign writings acknowledging that all right, title, and interest in and to all
Custom Materials created by them under this Agreement is owned jointly by
Licensor and the Company. The Company will require all employees, agents,
affiliates, corporate parents and subsidiaries, subcontractors, and any and all
third parties creating Custom Materials pursuant to this Agreement to sign

                                       3
<PAGE>

writings acknowledging that all right, title, and interest in and to all Custom
Materials created by them under this Agreement is owned jointly by Licensor and
the Company.

                  2.6 SYSTEM MAINTENANCE. Licensor agrees to assume
responsibility for the maintenance, operation, hosting, and storage of the
System as it is developed by the Company. In the event that Licensor materially
fails to perform its obligations under this Section 2.6, the Company shall have
the right, upon five (5) business days' prior written notice to Licensor, to
assume and perform such obligations relating to the maintenance, operation,
hosting, and storage of the System. Nothing in this Section 2.6 shall be
construed as modifying any other Section or provision in this Agreement relating
to ownership of Custom Materials or Intellectual Property Rights.

         3.       ROYALTIES AND PAYMENT

                  3.1 ROYALTIES, MINIMUM GUARANTEE. As consideration hereunder
by the Company, the Company agrees to and shall pay to the Licensor commencing
on July 1, 2003 a royalty fee of ten percent (10%) of the annual Gross Revenues
attributable to the Licensed Usage of the Intellectual Property Rights in the
Territory by the Company during the term of this Agreement. Notwithstanding the
foregoing, the annual royalty payable by the Company to the Licensor hereunder
for any fiscal year of the Company shall be at least:

         (i) Six Hundred Thousand ($600,000.00) Dollars in the aggregate, in the
event that

                  (A) each of Burchetta and Brofman remains employed, retained
         or appointed (as the case may be) as a director and an officer of or
         consultant to the Company during such fiscal year, or

                  (B) that any termination of such employment or retention, as
         the case may be, occurred pursuant to Section 7(b)(i), (ii), (iii) or
         (v) of:

                           (I) the Employment Agreement, dated February 20, 2003
                  and effective as of January 13, 2003, by and between the
                  Company and Burchetta (the "Employment Agreement"), or any
                  substantially similar clause of any Consulting Agreement that
                  may be entered into between the Company and Burchetta pursuant
                  to the provisions of Section 7(b)(v) of the Employment
                  Agreement, or

                           (II) the Consulting Agreement, dated February 20,
                  2003 and effective as of January 13, 2003, by and between the
                  Company and Brofman (the "Consulting Agreement"), or any
                  substantially similar clause of any Employment Agreement that
                  may be entered into between the Company and Brofman pursuant
                  to the provisions of Section 7(b)(v) of the Consulting
                  Agreement (any termination pursuant to this Section 3.1(i)(B)
                  hereinafter known as a "Valid Termination");

         or

         (ii) Three Million ($3,000,000.00) Dollars in the aggregate, in the
event that either of Burchetta or Brofman is no longer a director and an officer
of or consultant to the Company at

                                       4
<PAGE>

         any time during such fiscal year, unless any termination of such
employment or retention occurred:

                  (A) as a result of the voluntary resignation (other than
pursuant to a Valid Termination) of Burchetta or Brofman,

                  (B) pursuant to a Valid Termination,

                  (C) pursuant to Section 15(c) of the Employment Agreement, or
any substantially similar clause of any Consulting Agreement that may be entered
into between the Company and Burchetta pursuant to the provisions of Section
7(b)(v) of the Employment Agreement, or

                  (D) pursuant to Section 15(b) of the Consulting Agreement, or
any substantially similar clause of any Employment Agreement that may be entered
into between the Company and Brofman pursuant to the provisions of Section
7(b)(v) of the Consulting Agreement.

                  3.2 PAYMENT. Royalties payable hereunder shall be calculated
on June 30th and December 31st of each year during the term of this Agreement,
and shall be paid to the Licensor on or before 45 days after each such June 30th
calculation date and 90 days after each such December 31st calculation date,
together with a complete accounting of such calculations.

                  3.3 AUDIT. The Company shall, upon written request, during
normal business hours, but not more frequently than twice each calendar year,
provide access to pertinent records relating to revenue received and royalties
payable in connection with the Intellectual Property Rights, to an independent
accounting firm chosen and compensated by the Licensor, for purposes of audit.
Such accounting firm shall be authorized to report to the Licensor only the
amount of royalties due and payable for the period examined.

         4.       ENFORCEMENT OF INTELLECTUAL PROPERTY

                  4.1 THIRD PARTY INFRINGEMENT. In the event that the Company
becomes aware that any third party is infringing any of the Intellectual
Property Rights, the Company shall promptly notify Licensor and provide
pertinent details. Licensor shall have the sole right to bring a legal action
for infringement against the third party, together with the right to enforce and
collect any judgment thereon. If Licensor elects to exercise such right, the
Company shall, at Licensor's request and expense, take all appropriate or
necessary actions to assist in the prosecution of such action (including
consenting to be joined as an additional party plaintiff in such action). The
provisions of this Section shall not apply to any Marks actually assigned to the
Company pursuant to Section 2.4.

         5.       TERM AND TERMINATION

                  5.1 TERM. This Agreement shall commence on the date hereof and
continue until the expiration of U.S. Patent No. 6,330,551 and any continuations
or continuations-in-part relating thereto, unless sooner terminated in
accordance with the terms of this Agreement.

                                       5
<PAGE>

                  5.2 TERMINATION. This Agreement may be terminated by Licensor
at the election of Licensor: (i) upon the material breach or default by the
Company in the performance of any obligations (including, without limitation,
the payment of royalties due to Licensor and/or any breach of the provisions of
Sections 2.2, 2.3, 2.4, 2.5, or 2.6 herein) to be performed by the Company
hereunder, which material breach or default is not cured within thirty (30) days
after written notice of default is given by the Licensor to the Company; (ii) on
or after October 1, 2003 following the Licensor's delivery of written notice of
termination to the Company, if the Company shall not have designed, developed
and produced, on or before September 30, 2003, a fully functional and
commercially usable and operational System that allows the Licensor to undertake
the commercialization of the Intellectual Property Rights as contemplated by
this Agreement; or (iii) at any point (following the Licensor's delivery of
written notice of termination to the Company) after the Licensor, or an
independent accounting firm selected by the Licensor, determines that the Gross
Revenues received by the Company during any complete calendar year during the
term of this Agreement did not (A) exceed $500,000 through December 31, 2004 or
(B) equal or exceed one hundred and ten percent (110%) of the Gross Revenues
received by the Company for the immediately preceding calendar year.

                  5.3 INSOLVENCY. In the event that the Company becomes
insolvent, or if a trustee or receiver of its property is appointed by any court
of competent jurisdiction for the Company, or if the Company shall make any
assignment for the benefit of creditors, then the license granted herein to the
Company may, at Licensor's option, be terminated immediately upon written
notice.

                  5.4 TERMINATION BY THE COMPANY. The Company may terminate this
Agreement upon the material breach or default by the Licensor in the performance
of any obligations to be performed by the Licensor hereunder, upon ninety (90)
days' written notice to Licensor, and provided that all royalties and license
fees due to Licensor shall be paid in full prior to such termination.

                  5.5 EVENTS ON TERMINATION. Upon expiration or termination of
the entirety of this Agreement by Licensor, all rights and privileges granted to
the Company hereunder shall automatically, without the need for further act or
deed on the part of Licensor, revert to and vest in Licensor. The royalty
obligations set forth in Section 3 hereof shall continue in effect following
termination of this Agreement with respect to any revenues that the Company may
continue to collect attributable to the Licensed Usage. Upon expiration or
termination of this Agreement, the Company shall promptly cease the Licensed
Usage, including without limitation all use of all software and materials
created pursuant to this Agreement, and the Company shall cooperate fully with
Licensor to effect the orderly transfer of all of the Company's books, records
and files relating to the Licensed Usage to Licensor or to Licensor's designated
representative, and the orderly transfer of responsibilities with respect to the
Limited Intellectual Property. The Company hereby agrees that, at Licensor's
request, it shall execute all documents necessary to effect such orderly
transfer.

                  5.6 SURVIVAL. Any provisions of this Agreement which must
survive in order to give effect to their meaning shall survive any termination
or expiration of this Agreement, including without limitation Sections 2.2, 2.4,
and, 2.5 and all provisions pertaining to ownership of the Intellectual Property
Rights. Termination of this Agreement for any reason shall not release any party

                                       6
<PAGE>

hereto from any liability which at the time of such termination has already
accrued to any other party hereto.

         6.       REPRESENTATIONS, WARRANTIES, AND COVENANTS

                  6.1 Licensor represents and warrants to the Company that
Licensor's performance of its obligations under this Agreement is not in
conflict with, and will not result in a breach of or constitute a default under,
any other contract, instrument, rule of law or order of any court or
governmental agency to which Licensor is a party or by which Licensor or its
property is bound.

                  6.2 The Company represents and warrants to Licensor that the
Company's performance of its obligations under this Agreement is not in conflict
with, and will not result in a breach of or constitute a default under, any
other contract, instrument, rule of law or order of any court or governmental
agency to which the Company is a party or by which the Company or its property
is bound.

                  6.3 EXCEPT AS SPECIFICALLY CONTAINED IN THIS AGREEMENT, THE
LICENSOR DISCLAIMS ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED
TO FITNESS FOR A PARTICULAR PURPOSE, THE IMPLIED WARRANTY OF MERCHANTABILITY,
ANY WARRANTIES ARISING FROM A COURSE OF DEALING, AND ANY WARRANTIES THAT THE
INTELLECTUAL PROPERTY RIGHTS (INCLUDING WITHOUT LIMITATION U.S. PATENT NO.
6,330,551) ARE SUFFICIENT TO PROTECT OR ASSERT FOR ANY PURPOSE OR IN ANY FORM
ANY EXCLUSIVE OR NON-EXCLUSIVE RIGHTS IN THE SYSTEM BEING DEVELOPED, MARKETED,
AND DISTRIBUTED BY THE COMPANY PURSUANT TO THIS AGREEMENT.

                  6.4 The Company hereby represents, warrants and covenants to
Licensor that its performance of its obligations under this Agreement, and
Licensor's realization of the benefit of such performance by the Company under
and as contemplated by this Agreement, does not and will not infringe, violate
or misappropriate any copyright, trademark, service mark, trade secret,
know-how, patent or any other intellectual property right or proprietary right
of any third party.

                  6.5 Each party hereto hereby covenants to the other party
hereto that, during the term of this Agreement, it shall not knowingly take any
action or omit to take any action the taking or omitting of which would render
any of its representations and warranties set forth in this Agreement materially
inaccurate at any time during the term of this Agreement.

         7.       INDEMNIFICATION.

                  7.1 Each party agrees to indemnify and hold harmless the other
from and against and in respect of any and all third-party claims, suits,
actions, proceedings (formal or informal), investigations, judgments,
deficiencies, damages, settlements, liabilities, and legal and other expenses
(collectively, "Losses") as and when incurred, arising out of, in connection
with or based upon any act or omission, or alleged act or alleged omission of
the indemnifying party in connection with the acceptance of, or the performance
or non-performance by the indemnifying party of any of its obligations under
this Agreement, except that: (i) in the event of any Losses arising out of or
relating to any threatened or asserted claims that any Intellectual Property

                                       7
<PAGE>

Rights infringe any intellectual property or proprietary rights owned by one or
more third parties, such Losses shall be indemnified and defended at Licensor's
sole expense unless relating to Marks actually assigned to the Company pursuant
to Section 2.4); and (ii) any Losses arising out of or relating to any gross
negligence or willful misconduct on the part of the party seeking
indemnification shall not be subject to the indemnification obligations of this
Section 7.1.

                  7.2 The party seeking indemnification shall give the
indemnifying party prompt notice of any claim asserted or threatened on the
basis of which indemnification is being sought from the indemnifying party as
herein permitted; however, the obligations of the indemnifying party under this
Section shall not be conditioned upon prompt receipt of such notice.

         8.       MISCELLANEOUS

                  8.1 GOVERNING LAW. This Agreement shall be governed by and
construed in accordance with the laws of the United States and the State of New
York, without recourse to conflicts of law provisions.

                  8.2 EQUITABLE REMEDIES, CONSENT TO JURISDICTION. The parties
recognize that the unauthorized use, misuse and exploitation or other forms of
infringement by the Company of the Intellectual Property Rights shall result in
immediate, substantial, and irreparable damage to Licensor as to which there may
be no adequate remedy at law. Accordingly, the parties agree that,
notwithstanding anything to the contrary in this Agreement, Licensor shall be
entitled to seek equitable relief to enforce and protect its rights and
properties and/or to seek specific performance of the Company's obligations
hereunder. Each of the parties hereby submits to the exclusive personal
jurisdiction of, and venue and situs in, the United States District Court for
the Southern District of New York (White Plains, New York division) or, if
jurisdiction in such court is lacking, then in the Supreme Court of the State of
New York, County of Westchester, in respect of any action brought pursuant to
this Section.

                  8.3 NOTICES. All notices required or permitted hereunder shall
be in writing and shall be deemed effectively given: (a) upon personal delivery
to the party to be notified, (b) when sent by confirmed facsimile transmission,
if sent during normal business hours of the recipient; if not, then on the next
business day, (c) five (5) days after having been sent by registered or
certified mail, return receipt requested, postage prepaid, or (d) one (1) day
after deposit with a nationally recognized overnight courier, specifying next
day delivery, with written verification of receipt. All communications shall be
sent to the party to be notified at the address as set forth in the preamble to
this Agreement or at such other address as such party may designate by ten (10)
days' advance written notice to the other parties hereto.

                  8.4 ENTIRE AGREEMENT. This Agreement contains the entire
agreement between the parties hereto and constitutes the complete, final and
exclusive embodiment of their agreement with respect to the subject matter
hereof, and shall supersede any and all prior oral or written representations,
conditions, warranties, understandings, proposals or agreements between the
parties regarding the subject matter hereof.

                                       8
<PAGE>

                  8.5 AMENDMENT AND WAIVER. No provision of this Agreement may
be amended or waived except by a writing signed by all parties hereto. Any delay
or failure on the part of either party to enforce its rights hereunder to which
it may be entitled shall not be construed as a waiver of the right and privilege
to do so at any subsequent time, and no custom or practice of the parties at
variance with the terms hereof shall constitute a waiver of such party's right
to demand strict compliance by the other party with the terms hereof. Waiver by
any party of any particular default by the other party shall not impair such
party's right with respect to any subsequent default of the same or of a
different nature.

                  8.6 SEVERABILITY. Any invalidity, in whole or in part, of any
provision of this Agreement shall not affect the validity of any other provision
of this Agreement.

                  8.7 ASSIGNMENT. Licensor may freely transfer or assign its
rights and obligations under this Agreement. The Company may not assign any of
its rights or obligations under this Agreement without the express prior written
consent of Licensor, which consent may be withheld in Licensor's sole
discretion; provided that, in the event of a corporate entity change or change
of control of the Company, the Company may assign its rights under this
Agreement to such new entity upon the Licensor's written consent, which shall
not be unreasonably withheld.

                  8.8 SUCCESSORS. Subject to the prohibitions against assignment
contained herein, this Agreement shall inure to the benefit of and shall be
binding on the parties hereto and their respective successors and permitted
assigns.

                  8.9 CONFIDENTIALITY. Any information received by one party
hereto from any other party hereto in the course of the party's exercise of
rights and performance of responsibilities under this Agreement shall be
considered as proprietary to the party furnishing such information, and shall
not be disclosed by the other party to any third party except to the extent that
such information is in or becomes publicly available, was lawfully in possession
of the receiving party prior to its disclosure by the disclosing party, or to
the extent either party may be required to disclose such information to any
government agency, court of law, administrative tribunal or instrumentality.

                  8.10 FREEDOM OF ACTION. This Agreement shall not be construed
to limit the Licensor's right to grant to third parties any exclusive or
nonexclusive right or license in the Intellectual Property Rights, subject only
to the limited license for the Licensed Usage granted herein. Other than as
expressly provided herein, the Company shall have no right or interest
whatsoever in the Intellectual Property Rights or any service or product of the
Licensor, whether such service or product is conceived or developed by the
Licensor before, during, or after the course of the Licensor's performance of
this Agreement.

                  8.11 INDEPENDENT CONTRACTORS. The relationship of the Company
and the Licensor established by this Agreement is that of independent
contractors. Nothing in this Agreement shall be construed to constitute, create,
give effect to or otherwise imply a joint venture, partnership, principal-agent
or formal business organization of any kind between or among the parties hereto.
No party hereto shall have any right, power or authority to assume, create or
incur any expense, liability or obligation, express or implied, on behalf of any
other party hereto solely by virtue of this Agreement.

                                       9
<PAGE>

                  8.12 HEADINGS. Headings included herein are for convenience
only, do not form a part of this Agreement and shall not be used in any way to
construe or interpret this Agreement.

                  8.13 COUNTERPARTS. This Agreement may be executed in
counterparts, each of which shall be deemed an original, but both of which
together shall constitute one and the same instrument.

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

LOMBARDIA ACQUISITION CORP.
(to be renamed Debt Resolve Inc.)

By: /s/ Danilo Cacciamatta
    ---------------------------------
    Name: Danilo Cacciamatta
    Title: Chief Financial Officer

LICENSOR:

By: /s/ James D. Burchetta
    ---------------------------------
    James D. Burchetta

    /s/ Charles S. Brofman
    ---------------------------------
    Charles S. Brofman

                                       10

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