Document:

EXHIBIT 10.29

                           PLACEMENT AGENCY AGREEMENT

         THIS PLACEMENT AGENCY AGREEMENT ("Agreement") is made as of this 5th
day of September 2000, by and between TCPI, Inc., a Florida Corporation
("Company"), The May Davis Group, Inc., a Maryland corporation (the "Agent").

                                   WITNESSETH:

         WHEREAS, the Company proposes to issue and sell, from time to time,
pursuant to the Line of Credit Agreement (the "Credit Agreement"), up to Ten
Million Dollars ($10,000,000) of debentures (the "Debentures"), convertible into
shares of common stock, par value $0.001 per share, of the Company (the
"Securities"), resulting in gross proceeds to the Company of up to $10,000,000
(the "Offering") in one or more series of transactions outside of the U.S. to
purchasers who are not citizens or residents of the U.S., and not involving a
public offering and without registration under the Securities Act of 1933, as
amended (the "Act"), pursuant to one or more of the exemptions from the
registration requirements of the Act provided by Section 4(2), Rule 506 of
Regulation D promulgated under the Act ("Regulation D"), or Regulation S
promulgated under the Act ("Regulation D") as described below; and

         WHEREAS, the Agent is willing to assist the Company in placing the
Debentures on a "firm commitment" basis and the Company desires to secure the
services of the Agent on the terms and conditions hereinafter set forth;

         NOW, THEREFORE, in consideration of the premises and the mutual
promises, conditions and covenants herein contained, the parties hereto do
hereby agree as follows:

         1. Engagement of Agent. The Company hereby appoints the Agent as its
placement agent for the Offering pursuant to the Credit Agreement, on a "best
efforts" resulting in gross proceeds to the Company of up to $10,000,000 (the
"Maximum Amount"). The Agent, on the basis of the representations and warranties
herein contained, but subject to the terms and conditions herein set forth,
accepts such appointment and agrees to use its reasonable best efforts to find
purchasers for the Debentures. This appointment shall be irrevocable for the
period commencing as of the date hereof and ending as further described in
Section 8, which period may be extended by the consent of the Company and the
Agent (the "Offering Period").

         2. Representations and Warranties of the Company. In order to induce
the Agent to enter into this Agreement, the Company hereby represents and
warrants to and agrees with the Agent as follows:

                  2.1. Organization and Qualification. The Company and its
         subsidiaries are corporations duly organized and validly existing in
         good standing under the laws of the jurisdiction in which they are
         incorporated, and have the requisite corporate power to own their
         properties and to carry on their business as now being conducted. Each
         of the Company and its subsidiaries is duly qualified as a foreign
         corporation to do business and is in good standing in every
         jurisdiction in which the nature of the business conducted by

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         it makes such qualification necessary, except to the extent that the
         failure to be so qualified or be in good standing would not have a
         material adverse effect on the Company and its subsidiaries taken as a
         whole.

                  2.2. Authorization, Enforcement, Compliance with Other
         Instruments. The Company has the requisite corporate power and
         authority to enter into and perform this Agreement. This Agreement has
         been duly authorized by the Company's Board of Directors and no further
         consent or authorization is required by the Company, its Board of
         Directors or its stockholders. This Agreement, constitutes the valid
         and binding obligations of the Company enforceable against the Company
         in accordance with its terms, except as such enforceability may be
         limited by general principles of equity or applicable bankruptcy,
         insolvency, reorganization, moratorium, liquidation or similar laws
         relating to, or affecting generally, the enforcement of creditors'
         rights and remedies.

                  2.3. No Conflicts. Except as disclosed in Schedule 2.3, the
         execution, delivery and performance of this Agreement by the Company
         and the consummation by the Company of the transactions contemplated
         hereby will not (i) result in a violation of the Certificate of
         Incorporation, any Certificate of Designations, Preferences, and Rights
         of any outstanding series of preferred stock of the Company or By-laws
         or (ii) conflict with or constitute a default (or an event which with
         notice or lapse of time or both would become a default) under, or give
         to others any rights of termination, amendment, acceleration or
         cancellation of, any agreement, indenture or instrument to which the
         Company or any of its subsidiaries is a party, or, to the best of the
         Company's knowledge, result in a violation of any law, rule,
         regulation, order, judgment or decree (including federal and state
         securities laws and regulations and the rules and regulations of The
         Nasdaq Stock Market, Inc.'s National Market, Over the Counter, or
         Bulletin Board on which the common stock, $0. 001 par value per share,
         of the Company ("Common Stock") is quoted) applicable to the Company or
         any of its subsidiaries or by which any property or asset of the
         Company or any of its subsidiaries is bound or affected. Except as
         disclosed in Schedule 2.3, neither the Company nor its subsidiaries is
         in violation of any term of or in default under its Certificate of
         Incorporation or By-laws or their organizational charter or by-laws,
         respectively, or any material contract, agreement, mortgage,
         indebtedness, indenture, instrument, judgment, decree or order or any
         statute, rule or regulation applicable to the Company or its
         subsidiaries. To the best knowledge of the Company, the business of the
         Company and its subsidiaries is not being conducted, and the Company
         shall use its best efforts to assure that it shall not in all material
         respects be conducted in violation of any law, ordinance, regulation of
         any governmental entity. Except as specifically contemplated by this
         Agreement and as required under the Act and any applicable state
         securities laws, the Company is not required to obtain any consent,
         authorization or order of, or make any filing or registration with, any
         court or governmental agency in order for it to execute, deliver or
         perform any of its obligations under or contemplated by this Agreement
         in accordance with the terms hereof or thereof. Except as disclosed in
         Schedule 2.3, all consents, authorizations, orders, filings and
         registrations which the Company is required to obtain pursuant to the
         preceding sentence have been obtained or effected on or prior to the
         date hereof. The Company and its subsidiaries are unaware of any facts
         or circumstances, which might give rise to any of the foregoing.

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                  2.4. SEC Documents: Financial Statements. The Company has
         filed all reports, schedules, forms, statements and other documents
         required to be filed by it with the Securities and Exchange Commission
         ("SEC") pursuant to the reporting requirements of the Securities
         Exchange Act of 1934, as amended (the "1934 Act") (all of the foregoing
         filed prior to the date hereof and all exhibits included therein and
         financial statements and schedules thereto and documents incorporated
         by reference therein, being hereinafter referred to as the "SEC
         Documents"). The Company has delivered to the Agent or its
         representative, or made available through the SEC's electronic web site
         located at http://www.sec.gov, true and complete copies of the SEC
         Documents. As of their respective dates, the financial statements of
         the Company disclosed in the SEC Documents (the "Financial Statements")
         complied as to form in all material respects with applicable accounting
         requirements and the published rules and regulations of the SEC with
         respect thereto. Such financial statements have been prepared in
         accordance with generally accepted accounting principles, consistently
         applied, during the periods involved (except (i) as may be otherwise
         indicated in such financial statements or the notes thereto, or (ii) in
         the case of un-audited interim statements, to the extent they may
         exclude footnotes or may be condensed or summary statements) and fairly
         present in all material respects the financial position of the Company
         as of the dates thereof and the results of its operations and cash
         flows for the periods then ended (subject, in the case of un-audited
         statements, to normal year-end audit adjustments). No other information
         provided by the Company in writing to the Buyer which is not included
         in the SEC Documents, including, without limitation, information
         referred to in Section 2.6 of this Agreement, contains any untrue
         statement of a material fact or omits to state any material fact
         necessary in order to make the statements therein, in the light of the
         circumstance under which they are or were made, not misleading.

                  2.5. Absence of Litigation. Except as disclosed in the SEC
         Documents , there is no action, suit, proceeding, inquiry or
         investigation before or by any court, public board, government agency,
         self-regulatory organization or body pending or, to the knowledge of
         the Company or any of its subsidiaries, threatened against or affecting
         the Company, the Common Stock or any of the Company's subsidiaries,
         wherein an unfavorable decision, ruling or finding would (i) have a
         material adverse effect on the transactions contemplated hereby (ii)
         adversely affect the validity or enforceability of, or the authority or
         ability of the Company to perform its obligations under, this Agreement
         or any of the documents contemplated herein or (iii) except as
         expressly disclosed in the SEC Documents, have a material adverse
         effect on the business, operations, properties, financial condition or
         results of operation of the Company and its subsidiaries taken as a
         whole.

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                  2.6. No Materially Adverse Contracts, Etc. Except as set forth
         in the SEC Documents, neither the Company nor any of its subsidiaries
         is subject to any charter, corporate or other legal restriction, or any
         judgment, decree, order, rule or regulation which in the judgment of
         the Company's officers has or is expected in the future to have a
         material adverse effect on the business, properties, operations,
         financial condition, results of operations or prospects of the Company
         or its subsidiaries. Neither the Company nor any of its subsidiaries is
         a party to any contract or agreement which in the judgment of the
         Company's officers has or is expected to have a material adverse effect
         on the business, properties, operations, financial condition, results
         of operations or prospects of the Company or its subsidiaries.

         3.       Issue, Sale and Delivery of the Securities.

                  3.1. Deliveries of Securities. Certificates in such form,
         subject to applicable transfer restrictions as described in the Credit
         Agreement proposed to be entered into between the Company and Investor
         shall be delivered by the Company to counsel to the Agent, with copies
         made available to the Agent for checking at least one (1) full business
         day prior to each Closing Date, it being understood that the directions
         from the Agent to the Company shall be given at least two (2) full
         business days prior to each Closing Date. The Debentures shall be
         delivered at the Closing (as hereinafter defined).

                  3.2. Escrow of Funds. Pending the Closings as contemplated in
         the Credit Agreement, and from time to time as required by the Credit
         Agreement, Investor shall place all funds for purchase of Debenture, in
         an escrow account with an escrow agent to be designated by the Company
         and the Placement Agent ("Escrow Agent") and as set up by the Company
         in accordance with the terms of an escrow agreement between the
         Company, the Agent and the Escrow Agent. . At such time as the Investor
         purchasing the Debentures has delivered to the Agent a signed Credit
         Agreement, and provided that and all other Closing conditions have been
         met, Escrow Agent shall release the escrowed funds to the Company and
         the Butler Gonzalez LLP shall release the Debentures to the Investor
         (the "Closing"). In the event the Closing is not held on or before
         March 1, 2002, (the "Escrow Period") all proceeds shall be immediately
         returned to purchasers without deduction or charge by the Escrow Agent,
         unless the Escrow Period is extended by the parties mutually.

                  3.3. Closing Date. The Closings shall take place from time to
         time at the offices of Butler Gonzalez LLP, 1000 Stuyvesant Avenue,
         Suite 6, Union, New Jersey 07083 at such time and date ("Closing Date")
         as will be fixed either orally or in writing by notice to be given by
         the Agent to the Company after consultation with the Company, such
         Closing Date to be not less than one (1) full business day after the
         date on which such notice shall have been given. The Closing Date may
         be changed by mutual written agreement of the Agent and the Company.

                  3.4. Agent's Compensation. The Company shall pay the Agent:

         Upon the execution of the Agreement the Company will issue 350,000
restricted shares of the Company's Common Stock to the May Davis Group (the
"Placement Agent"). In addition the Placement will receive 50,000 restricted
shares of the Company's Common Stock for every One Hundred Thousand dollars
($100,000) raised in excess of an initial Seven Hundred Thousand dollars
($700,000) raised. The total amount of the Company's Common Stock issued

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shall not exceed seven hundred and fifty thousand (750,000) free trading shares
and the total dollar value of the shares paid shall not exceed five percent (5%)
of the dollar amount of the Credit Line. Such shares issued to Mark Angelo,
Joseph Donahue, Hunter Singer, and Robert Farrell shall have registration rights
as outlined in the Registration Rights Agreement executed on August 31, 2000. In
the event that Mark Angelo, Joseph Donahue, Hunter Singer, and Robert Farrell
terminate their employment with the May Davis Group, Inc., May Davis Group,
Inc., recognizes and directs the Company to issue the subject shares directly to
Mark Angelo, Joseph Donahue, Hunter Singer, and Robert Farrell in amounts
determined jointly.

         3.5. Payment of Fees. The Escrow Agent shall be instructed at closing
to:

         Legal Fees. Pay the Placement Agent's fees and all of the reasonable
legal, administrative, and escrow fees, associated with the sale of the
Debentures, of The May Davis Group, Inc.'s counsel, Butler Gonzalez, LLP, in the
amount of Twelve Thousand Five Hundred Dollars ($12,500), directly to the
Agent's counsel from the proceeds of the sale of the Debentures simultaneous
with the transfer of proceeds to the Company. Placement Agent acknowledges that
such fees have been previously paid by the Company.

         4.       Offering of the Securities on Behalf of the Company.

                  4.1. In offering the Debentures for sale, the Agent shall
         offer them solely as an agent for the Company, and such offer shall be
         made upon the terms and subject to the conditions set forth in the
         Credit Agreement. The Agent shall commence making such offer as an
         agent for the Company as soon as possible following delivery of the
         Credit Agreement and shall conduct such offering in accordance will all
         applicable laws.

                  4.2. The Agent will not make offers to sell the Debentures to,
         or solicit offers to subscribe for any Debentures from, persons or
         entities that are not "accredited investors" as defined in Regulation
         D.

         5.       Non-Circumvention.  The Company hereby agrees as follows:

                  5.1. The Company agrees to maintain the confidentiality of the
         Agent's clients, except as required by applicable law. Such clients
         shall be those entities, which invest in the Offering (the "Clients").
         For a period of two years from the Closing, the Company will not
         solicit or enter into any financing transaction with the Clients
         without the written consent of Agent and payment to Agent compensation
         no less than the compensation to be paid to Agent hereunder for raising
         a like amount.

                  5.2. In the event that Company breaches Section 5.1 of this
         Agreement, Agent shall be entitled to receive compensation in the same
         proportion to the financing done without Agent's participation as the
         compensation to Agent under this Agreement bears to the financing
         raised in this Offering.

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         6.       Covenants of the Company. The Company covenants and agrees
with the Agent that:

                  6.1. After the date hereof, the Company will not at any time,
         prepare and distribute any amendment or supplement to the Credit
         Agreement, of which amendment the Agent shall not previously have been
         advised and the Agent and its counsel furnished with a copy within a
         reasonable time period prior to the proposed adoption thereof, or to
         which the Agent shall have reasonable objected in writing on the ground
         that it is not in compliance with the Act or the Rules and Regulations
         under the Act (if applicable).

                  6.2. The Company will pay, whether or not the transactions
         contemplated hereunder are consummated or this Agreement is prevented
         from becoming effective or is terminated, all costs and expenses
         incident to the performance of its obligations under this Agreement,
         including all expenses incident to the authorization of the Debentures
         and their issue and delivery to the purchasers, any original issue
         taxes in connection therewith, all transfer taxes, if any, incident to
         the initial sale of the Securities, the fees and expenses of the
         Company's counsel and Agent's counsel as set forth in Section 3.5
         (except as provided below) and accountants, the cost of reproduction
         and furnishing to the Agent copies of the Purchase Agreement as herein
         provided.

                  6.3 Prior to the Closing Dates, and during the normal business
         hours, the Company will cooperate with the Agent in such investigation
         as it may make or cause to be made of all of the properties, business
         and operations of the Company in connection with the Offering of the
         Debentures. The Company will make available to it in connection
         therewith such information in its possession as the Agent may
         reasonably request and will make available to the Agent such persons as
         the Agent shall deem reasonably necessary and appropriate in order to
         verify or substantiate any such information so supplied.

                  6.4 The Company shall be responsible for making any and all
         filings required by the Blue Sky authorities and filings required by
         the laws of the jurisdictions in which the purchasers who are accepted
         for purchase of the Debentures are located, if any. Agent shall assist
         Company in this respect, but such filings shall be the responsibility
         of Company.

                  6.5 Corporation Condition. The Company's condition is as
         described in the Purchase Agreement and the SEC Documents referred to
         therein, except for changes in the ordinary course of business and
         normal year-end adjustments that are not individually or in the
         aggregate materially adverse to the Company.

                  6.6 No Material Adverse Change. Except as may be reflected in
         or contemplated by the Purchase Agreement prior to the Closing, there
         shall not have been any material adverse change in the condition,
         financial, or otherwise, or in the results of operations of the Company
         or in its business taken as a whole.

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         7.       Indemnification.

                  7.1. The Company agrees to indemnify and hold harmless the
         Agent, each person who controls the Agent within the meaning of Section
         15 of the Act and the Agent's employees, accountants, attorneys and
         agents (the "Agent's Indemnitees") against any and all losses, claims,
         damages or liabilities, joint or several, to which they or any of them
         may become subject under the Act or any other statute or at common law
         for any legal or other expenses (including the costs of any
         investigation and preparation) incurred by them in connection with any
         litigation, whether or not resulting in any liability, but only insofar
         as such losses, claims, damages, liabilities and litigation arise out
         of or are based upon any untrue statement of material fact contained in
         the Credit Agreement or any amendment thereto or any application or
         other document filed in any state or jurisdiction in order to qualify
         the Securities under the Blue Sky or securities laws thereof, or the
         omission to state therein a material fact required to be stated therein
         or necessary to make the statements therein, under the circumstances
         under which they were made, not misleading, all as of the date of the
         Purchase Agreement or of such amendment as the case may be; provided,
         however, that the indemnity agreement contained in this Section 7.1
         shall not apply to amounts paid in settlement of any such litigation,
         if such settlements are made without the consent of the Company, nor
         shall it apply to the Agent's Indemnitees in respect to any such
         losses, claims, damages or liabilities arising out of or based upon any
         such untrue statement or any such omission, if such statement or
         omission was made solely in reliance upon information furnished in
         writing to the Company by the Agent specifically for use in connection
         with the preparation of the Purchase Agreement or any such amendment
         thereto or any application or other document filed in any state or
         jurisdiction in order to qualify the Securities under the Blue Sky or
         securities law thereof. This indemnity agreement is in addition to any
         other liability, which the Company may otherwise have to the Agent's
         Indemnitees. The Agent's Indemnitees agree, within ten (10) days after
         the receipt by them of written notice of the commencement of any action
         against them in respect to which indemnity may be sought from the
         Company under this Section 7.1, to notify the Company in writing of the
         commencement of such action; provided, however, that the failure of the
         Agent's Indemnitees to notify the Company of any such action shall not
         relieve the Company from any liability which it may have to the Agent's
         Indemnitees on account of the indemnity agreement contained in this
         Section 7.1, and further shall not relieve the Company from any other
         liability which it may have to the Agent's Indemnitees, and if the
         Agent's Indemnitees shall notify the Company of the commencement
         thereof, the Company shall be entitled to participate in (and, to the
         extent that the Company shall wish, to direct) the defense thereof at
         its own expense, but such defense shall be conducted by counsel of
         recognized standing and reasonably satisfactory to the Agent's
         Indemnitees, defendant or defendants, in such litigation. The Company
         agrees to notify the Agent's Indemnitees promptly of the commencement
         of any litigation or proceedings against the Company or any of the
         Company's officers or directors of which the Company may be advised in
         connection with the issue and sale of any of the Securities and to
         furnish to the Agent's Indemnitees, at their request, to provide copies
         of all pleadings therein and to permit the Company's Indemnitees to be
         observers therein and apprise the Agent's Indemnitees of all
         developments therein, all at the Company's expense.

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                  7.2. The Agent agrees, in the same manner and to the same
         extent as set forth in Section 7.1 above, to indemnify and hold
         harmless the Company, and the Company's employees, accountants,
         attorneys and agents (the "Company's Indemnitees") with respect to (i)
         any statement in or omission from the Purchase Agreement or any
         amendment thereto or any application or other document filed in any
         state or jurisdiction in order to qualify the Securities under the Blue
         Sky or securities laws thereof, or any information furnished pursuant
         to Section 3.4 hereof, if such statement or omission was made solely in
         reliance upon information furnished in writing to the Company by the
         Agent on its behalf specifically for use in connection with the
         preparation thereof or supplement thereto, or (ii) any untrue statement
         of a material fact made by the Agent or its agents not based on
         statements in the Purchase Agreement or authorized in writing by the
         Company, or with respect to any misleading statement made by the Agent
         or its agents resulting from the omission of material facts which
         misleading statement is not based upon the Purchase Agreement, or
         information furnished in writing by the Company or, (iii) any breach of
         any representation, warranty or covenant made by the Agent in this
         Agreement. The Agent's liability hereunder shall be limited to the
         amount received by it for acting as Agent in connection with the
         Offering. The Agent shall not be liable for amounts paid in settlement
         of any such litigation if such settlement was effected without its
         consent. In case of the commencement of any action in respect of which
         indemnity may be sought from the Agent, the Company's Indemnitees shall
         have the same obligation to give notice as set forth in Section 7.1
         above, subject to the same loss of indemnity in the event such notice
         is not given, and the Agent shall have the same right to participate in
         (and, to the extent that it shall wish, to direct) the defense of such
         action at its own expense, but such defense shall be conducted by
         counsel of recognized standing reasonably satisfactory to the Company.
         The Agent agrees to notify the Company's Indemnitees and, at their
         request, to provide copies of ail pleadings therein and to permit the
         Company's Indemnitees to be observers therein and apprise them of all
         the developments therein, all at the Agent's expense.

         8.       Effectiveness of Agreement. This Agreement shall become
effective upon the date of the execution hereof and shall remain in full force
and effect until September , 2003..

         9.       Conditions of the Agent's Obligations. The Agent's obligations
to act as agent of the Company hereunder and to find purchasers for the
Debentures shall be subject to the accuracy in all material respects, as of the
Closing Date, of the representations and warranties on the part of the Company
herein contained, to the fulfillment of or compliance by the Company with all
covenants and conditions hereof, and to the following additional conditions:

                  9.l. Counsel to the Agent shall not have objected in good
         faith in writing or shall not have failed to give his consent to the
         Credit Agreement (which objection or failure to give consent shall not
         have been done unreasonably).

                  9.2. The Agent shall not have disclosed to the Company that
         the Purchase Agreement, or any amendment thereof, contains an untrue
         statement of fact, which, in the opinion of counsel to the Agent, is
         material, or omits to state a fact, which, in the opinion of such
         counsel, is material and is required to be stated therein, or is
         necessary to make the statements therein, under the circumstances in
         which they were made, not misleading.

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                  9.3. Between the date hereof and the Closing Date, the Company
         shall not have sustained any loss on account of fire, explosion, flood,
         accident, calamity or any other cause of such character as would
         materially adversely affect its business or property considered as an
         entire entity, whether or not such loss is covered by insurance.

                  9.4. Between the date hereof and the Closing Date, there shall
         be no litigation instituted or threatened against the Company, and
         there shall be no proceeding instituted or threatened against the
         Company before or by any federal or state commission, regulatory body
         or administrative agency or other governmental body, domestic or
         foreign, wherein an unfavorable ruling, decision or finding would
         materially adversely affect the business, franchises, license, permits,
         operations or financial condition or income of the Company.

                  9.5. Except as contemplated herein or as set forth in the
         Credit Agreement, during the period subsequent to the most recent
         financial statements referred to in the Credit Agreement, if any, and
         prior to the Closing Date, the Company (i) shall have conducted its
         business in the usual and ordinary manner as the same is being
         conducted as of the date hereof and (ii) except in the ordinary course
         of business, the Company shall not have incurred any liabilities or
         obligations (direct or contingent) or disposed of any assets, or
         entered into any material transaction or suffered or experienced any
         substantially adverse change in its condition, financial or otherwise.
         At the Closing Date, the equity account of the Company shall be
         substantially the same as reflected in the most recent balance sheet
         referred to in the Credit Agreement without considering the proceeds
         from the sale of the Debentures or any filings the Company has made
         under the Act.

                  9.6. The authorization of the Debentures by the Company and
         all proceedings and other legal matters incident thereto and to this
         Agreement shall be reasonably satisfactory in all respects to counsel
         to the Agent, who shall have furnished the Agent on the Closing Date
         with such favorable opinion with respect to the sufficiency of all
         corporate proceedings and other legal matters relating to this
         Agreement as the Agent may reasonably require, and the Company shall
         have furnished such counsel such documents as he may have requested to
         enable him to pass upon the matters referred to in this subparagraph.

                  9.7. The Company shall have furnished to the Agent the
         opinion, dated the Closing Date, addressed to the Agent, from counsel
         to the Company, as required by the Credit Agreement.

                  9.8. The Company shall have furnished to the Agent a
         certificate of the Chief Executive Officer and the Chief Financial
         Officer of the Company, dated as of the particular Closing Date, to the
         effect that:

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                           (i) the representations and warranties of the Company
                  in this Agreement are true and correct in all material
                  respects at and as of the Closing Date (other than
                  representations and warranties which by their terms are
                  specifically limited to a date other than the Closing Date),
                  and the Company has complied with all the agreements and has
                  satisfied all the conditions on its part to be performed or
                  satisfied at or prior to the Closing Date; and

                           (ii) the respective signers have each carefully
                  examined the Purchase Agreement, and any amendments thereto,
                  and, to the best of their knowledge, all statements contained
                  in the Purchase Agreement are true and correct, and neither
                  the Purchase Agreement, nor any amendment thereto, includes
                  any untrue statement of a material fact or omits to state a
                  material fact required to be stated therein or necessary to
                  make the statements therein, under the circumstances in which
                  they were made, not misleading; except as set forth in the
                  Purchase Agreement, since the respective dates as of which or
                  the periods for which the information is given in the Purchase
                  Agreement and prior to the date of such certificate, (a) there
                  has not been any substantially adverse change, financial and
                  otherwise, in the affairs of condition in the Company, and (b)
                  the Company has not incurred any material liabilities, direct
                  or contingent, or entered into any material transactions,
                  otherwise than in the ordinary course of business.

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         10.      Termination.

                  10.1. This Agreement may be terminated by the Agent by written
         notice to the Company in the event that the Company shall have failed
         or been unable to comply with any of the terms, conditions or
         provisions of this Agreement on the part of the Company to be
         performed, complied with or fulfilled within the respective times, if
         any, herein provided for, unless compliance therewith or performance or
         satisfaction thereof shall have been expressly waived by the Agent in
         writing.

                  10.2. This Agreement may be terminated by the Company by
         written notice to the Agent in the event that the Agent shall have
         failed or been unable to comply with any of the terms, conditions or
         provisions of this Agreement on the part of the Agent to be performed,
         complied with or fulfilled within the respective times, if any, herein
         provided for, unless compliance therewith or performance or
         satisfaction thereof shall have been expressly waived by the Company in
         writing.

                  10.3. Any termination of this Agreement pursuant to this
         Section shall be without liability of any character (including, but not
         limited to, loss of anticipated profits or consequential damages) on
         the part of any party thereto, except that the Company shall remain
         obligated to pay the costs and expenses provided to be paid by it
         specified in Sections 3.5; and the Company and the Agent shall be
         obligated to pay, respectively, all losses, claims, damages or
         liabilities, joint or several, under Section 7.1 in the case of the
         Company and Section 7.2 in the case of the Agent.

         11.      Agent's Representations, Warranties, and Covenants. The Agent
represents and warrants to and agrees with the Company that:

                  11.1. Agent is a corporation duly incorporated and existing
         under the laws of the State of Maryland . Agent is registered with the
         Securities Exchange Commission and is a member in good standing of the
         NASD.

                  11.2. Agent understands and acknowledges that the Debentures
         are not being registered under the Act, and that the Offering is to be
         conducted pursuant to Regulation D, Section 4(2) of the Act, or
         Regulation S, and that the Company is not making the disclosures
         required for offerings to purchasers other than accredited investors.
         Accordingly, in conducting its activities under this Agreement, Agent
         shall offer Debentures only to "accredited investors," as defined in
         Regulation D.

                  11.4. All corporate actions by Agent required for the
         execution, delivery and performance of this Agreement have been taken.
         The execution and delivery of this Agreement by the Agent, the
         observance and performance thereof, and the consummation of the
         transactions contemplated herein or in the Purchase Agreement do not
         and will not constitute a material breach of, or a material default
         under, any instrument or agreement by which the Agent is bound, and
         does not and will not, to the best of the Agent's knowledge, contravene
         any existing law, decree or order applicable to it. This Agreement
         constitutes a valid and binding agreement of Agent, enforceable in
         accordance with its terms.

                                       11

<PAGE>

                  11.5. Agent's representations and warranties under this
         Section shall be true and correct as of eachClosing, and shall survive
         each Closing for a period of six months.

         12.      Notices. Except as otherwise expressly provided in this
Agreement:

                  12.1. Whenever notice is required by the provisions of this
         Agreement to be given to the Company, such notice shall be in writing,
         addressed to the Company, at:

                  If to Company:
                                   TCPI, Inc.

                                   3341 S.W. 15th Street
                                   Pompano Beach, FL
                                   Attention: Walter V. Usinowicz, Jr..
                                   Vice President and Chief Financial  Officer

                  with a copy to:
                                   TCPI, Inc..
                                   3341 S.W. 15th Street
                                   Pompano Beach, FL
                                   Attention: General Counsel

                                    and

                                   Teddy D. Klinghoffer, Esq.
                                   Akerman, Senterfitt & Eidson, P.A.
                                   Suntrust International Center, 26th Floor
                                   One S.E. 3rd Avenue
                                   Miami, FL  33131-1714

                  12.2. Whenever notice is required by the provisions of this
         Agreement to be given to the Agent, such notice shall be given in
         writing, addressed to the Agent, at:

                  If to the Agent:
                                    The May Davis Group Inc.
                                    One World Trade Center 87th Floor
                                    New York, NY 10078
                                    Attention: Mr. Michael Jacobs

                  with copy to:
                                    Butler Gonzalez LLP
                                    1000 Stuyvesant Avenue Suite #6
                                    Union, NJ  07083
                                    Attention: David Gonzalez, Esq.

                                       12

<PAGE>

                  12.3. Any notice instructing the Escrow Agent to distribute
         monies or Debentures held in Escrow must be signed by authorized agents
         of both the Company and the Agent in order to be valid.

         13.      Miscellaneous.

                  13.1. Benefit. This Agreement is made solely for the benefit
         of the Agent and the Company, their respective officers and directors
         and any controlling person referred to in Section 15 of the Act and
         their respective successors and assigns, and no other person may
         acquire or have any right under or by virtue of this Agreement,
         including, without limitation, the holders of any Debentures. The term
         "successor" or the term "successors and assigns" as used in this
         Agreement shall not include any purchasers, as such, of any of the
         Securities.

                  13.2. Survival. The respective indemnities, agreements,
         representations, warranties, covenants and other statements of the
         Company and the Agent, or the officers, directors or controlling
         persons of the Company and the Agent as set forth in or made pursuant
         to this Agreement and the indemnity agreements of the Company and the
         Agent contained in Section 7 hereof shall survive and remain in full
         force and effect, regardless of (i) any investigation made by or on
         behalf of the Company or the Agent or any such officer, director or
         controlling person of the Company or of the Agent; (ii) delivery of or
         payment for the Debentures; or (iii) the Closing Date, and any
         successor of the Company or the Agent or any controlling person,
         officer or director thereof, as the case may be, shall be entitled to
         the benefits hereof.

                  13.3. Governing Law. The validity, interpretation, and
         construction of this Agreement will be governed by the laws of the
         State of New York. The parties further agree that any action between
         them shall be heard in New York County, New York, and expressly consent
         to the jurisdiction and venue of the Supreme Court of New York County,
         New York, and the United States District Court for the Southern
         District of New York for the adjudication of any civil action asserted
         pursuant to this Paragraph.

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

                  13.5. Confidential Information. All confidential financial or
         business information (except publicly available or freely usable
         material otherwise obtained from another source) respecting either
         party will be used solely by the other party in connection with the
         within transactions, be revealed only to employees or contractors of
         such other party who are necessary to the conduct of such transactions,
         and be otherwise held in strict confidence.

                                       13

<PAGE>

                  13.6. Public Announcements. Prior to the Closing Date, neither
         party hereto will issue any public announcement concerning the within
         transactions without the approval of the other party, except as may be
         required by applicable securities or other laws.

                  13.7. Finders. The parties acknowledge that no person has
         acted as a finder in connection with the transactions contemplated
         herein and each will agree to indemnify the other with respect to any
         other claim for a finder's fee in connection with the offering.

                  13.8. Financial Advisers. The parties acknowledge that the
         Company has or may retain financial and other advisers in connection
         with this transaction (the "Advisers"), and the Company agrees to
         indemnify and hold the Placement Agent harmless for any fees and
         expenses of the Advisers.

                  13.9. Recitals. The recitals to this Agreement are a material
         part hereof, and each recital is incorporated into this Agreement by
         reference and made a part of this Agreement.

                  13.10. Entire Agreement. This Agreement constitutes the entire
         agreement between the parties with regard to the subject matter hereof
         and supersedes all prior agreements or understandings between the
         parties.

                  13.11 Assignment. This Agreement may not be assigned without
         the Company's prior written approval.

                                       14

<PAGE>

                                    SIGNATURE

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

ATTEST:                                      COMPANY:
                                             TCPI, INC.

/s/ Jay E. Eckhaus                           By: /s/ Walter V. Usinowicz, Jr.
---------------------------                      -------------------------------
Name: Jay E. Eckhaus                         Name:  Walter V. Usinowicz, Jr.
Title: Secretary                             Title: Vice President and
                                             Chief Financial Officer

                                             THE MAY DAVIS GROUP INC.

                                             By: /s/ Michael Jacobs
                                                 -------------------------------
                                             Name:  Michael Jacobs
                                             Title: Managing Director

                                       15Exhibit 10.30

                                ESCROW AGREEMENT

         THIS ESCROW AGREEMENT (this "Agreement") is made and entered into as of
August 28, 2000, by and The May Davis Group, a Maryland corporation (the
"Placement Agents"), TCPI, Inc., a Florida Corporation (the "Company"), and
First Union National Bank, a national banking association, as Escrow Agent
hereunder (the "Escrow Agent").

                                   BACKGROUND
                                   ----------

                  WHEREAS, the Company and the Placement Agents have entered
into a Placement Agency Agreement (the "Placement Agency Agreement"), dated as
of August 18, 2000, pursuant to which the Company proposes to offer for sale to
investors ("Investors") through the Placement Agent on a "best efforts", basis
One Million Five Hundred Thousand Dollars ($1,500,000) of Debentures for a total
purchase price of One Million Five Hundred Thousand Dollars ($1,500,000). (the
"Proceeds") The Securities will be sold to Buyer(s) pursuant to a Securities
Purchase Agreement (the "Securities Purchase Agreement") between the Company and
each Buyer listed on Schedule I thereto. The Securities Purchase Agreement
provides that the Buyer(s) shall deposit the purchase price of the Securities
purchased pursuant to the Securities Purchase Agreement in a segregated escrow
account to be held by Escrow Agent in order to effectuate a disbursement of the
$1,500,000 to the Company at a closing to be held as set forth in the Securities
Purchase Agreement. (the "Closing")

                  WHEREAS, the Placement Agents intend to sell the Securities as
the Company's agent on a "best efforts, basis (the "Offering").

                  WHEREAS, Escrow Agent has agreed to accept, hold, and disburse
the funds deposited with it in accordance with the terms of this agreement.

                  WHEREAS, in order to establish the escrow of funds and to
effect the provisions of the Securities Purchase Agreement, the parties hereto
have entered into this Agreement.

         NOW THEREFORE, in consideration of the foregoing, it is hereby agreed
as follows:

1. Definitions. The following terms shall have the following meanings when used
herein:

         a. "Escrow Funds" shall mean the funds deposited with the Escrow Agent
pursuant to this Agreement, which funds shall include, without limitation, the
sum of $1,500,000.

<PAGE>

         b. "Joint Written Direction" shall mean a written direction executed by
the Placement Agents and the Company directing Escrow Agent to disburse all or a
portion of the Escrow Funds or to take or refrain from taking any action
pursuant to this Agreement.

         c. "Escrow Period" shall begin with the commencement of the Offering
and shall terminate upon the earlier to occur of the following dates:

         (i) The date upon which the Escrow Agent confirms that it has received
in the Escrow Account all of the Proceeds;

         (ii) The expiration of ten (10) days from the date of commencement of
the Offering (unless extended by mutual written agreement between the Company
and the Placement Agent with a copy of such extension to the Escrow Agent); or

         (iii) The date upon which a determination is made by the Company and
the Placement Agents to terminate the Offering prior to the sale of all the
Securities.

During the Escrow Period, the Company and the Placement Agents are aware that
they are not entitled to any funds received into escrow and no amounts deposited
in the Escrow Account shall become the property of the Company or the Placement
Agents or any other entity, or be subject to the debts of the Company or the
Placement Agents or any other entity.

2. Appointment of and Acceptance by Escrow Agent. The Placement Agents and the
Company hereby appoint Escrow Agent to serve as Escrow Agent hereunder. Escrow
Agent hereby accepts such appointment and, upon receipt by wire transfer of the
Escrow Funds in accordance with Section 3 below, agrees to hold, invest and
disburse the Escrow Funds in accordance with this Agreement.

3. Creation of Escrow Funds. On or prior to the date of the commencement of the
Offering, the parties shall establish an escrow account with the Escrow Agent,
which escrow account shall be entitled as follows: TCPI, Inc./May Davis Group,
Inc. Escrow Account for the deposit of the Escrow Funds. The Placement Agents
will instruct subscribers to wire funds to the account of the Escrow Agent as
follows:

Bank: First Union National Bank of New Jersey
Routing # [intentionally ommitted]
Account # [intentionally ommitted]
Name on Account: Butler Gonzalez, LLP/First Union Escrow Account
Name on Sub-Account:  TCPI, Inc./May Davis Group, Inc.
                      Escrow account
Reference Sub-Account #   [intentionally ommitted]

                                       2
<PAGE>

Attn:    Robert Mercado (732) 452-3005
         Carmela Agugliaro (732) 452-3005
Only wire transfers shall be accepted.

         4. Deposits into the Escrow Account. The Placement Agents agree that
they shall promptly deliver all monies received from subscribers for the payment
of the Securities to the Escrow Agent for deposit in the Escrow Account.

         5. Disbursements from the Escrow Account.
            --------------------------------------

         (a) At such time as Escrow Agent has collected and deposited
instruments of payment in the total amount of the Proceeds, Escrow Agent shall
notify the Company and the Placement Agents. The Escrow Agent will continue to
hold such funds until Placement Agents and Company execute a Joint Written
Direction directing the Escrow Agent to disburse the Proceeds pursuant to a
closing statement signed by the Company (the "Closing Statement"). In disbursing
such funds, Escrow Agent is authorized to rely upon such Closing Statement from
Company and may accept any signatory from the Company listed on the signature
page to this Agreement and any signature from the Placement Agents that Escrow
Agent already has on file.

         In the event the Escrow Agent does not receive the minimum deposits
from the investors totaling $1,500,000 prior to the expiration of the Escrow
Period (the "Minimum Deposits"), the Escrow Agent shall notify the Company and
the Placement Agents. Upon receipt of the Joint Written Direction from the
Company and Placement Agent, the Escrow Agent shall disburse the collected
funds, held in escrow, as directed pursuant to the Joint Written Direction. .

         For purposes of this Agreement, the term "collected funds" shall mean
all funds received by the Escrow Agent which have cleared normal banking
channels and are in the form of cash.

         6. Collection Procedure. The Escrow Agent is hereby authorized to
forward each wire for collection and, upon collection of the proceeds of each
wire deposit the collected proceeds in the Escrow Account.

         Any wires returned unpaid to the Escrow Agent shall be returned to the
Placement Agents. In such cases, the Escrow Agent will promptly notify the
Company of such return.

         If the Company rejects any subscription for which the Escrow Agent has
already collected funds, the Escrow Agent shall promptly issue a refund check or
wire to the rejected subscriber. If the Company rejects any subscription for
which the Escrow Agent has not yet collected funds but has submitted the
subscriber's wire for collection, the Escrow Agent shall promptly issue a check
or wire the amount of the subscriber's wire to the rejected subscriber after the
Escrow Agent has cleared such funds. If the Escrow Agent has not yet submitted a
rejected subscriber's wire for collection, the Escrow Agent shall promptly remit
the subscriber's wire directly to the subscriber. The Company shall provide
payment instructions to the Escrow Agent.

                                       3
<PAGE>

         7. Suspension of Performance: Disbursement Into Court. If at any time,
there shall exist any dispute between the Company and the Placement Agents with
respect to holding or disposition of any portion of the Escrow Funds or any
other obligations of Escrow Agent hereunder, or if at any time Escrow Agent is
unable to determine, to Escrow Agent's sole satisfaction, the proper disposition
of any portion of the Escrow Funds or Escrow Agent's proper actions with respect
to its obligations hereunder, or if the parties have not within 30 days of the
furnishing by Escrow Agent of a notice of resignation pursuant to Section 9
hereof, appointed a successor Escrow Agent to act hereunder, then Escrow Agent
may, in its sole discretion, take either or both of the following actions:

         a.       suspend the performance of any of its obligations (including
                  without limitation any disbursement obligations) under this
                  Escrow Agreement until such dispute or uncertainty shall be
                  resolved to the sole satisfaction of Escrow Agent or until a
                  successor Escrow Agent shall be appointed (as the case may
                  be); provided however, Escrow Agent shall continue to invest
                  the Escrow Funds in accordance with Section 8 hereof; and/or

         b.       petition (by means of an interpleader action or any other
                  appropriate method) any court of competent jurisdiction in any
                  venue convenient to Escrow Agent, for instructions with
                  respect to such dispute or uncertainty, and to the extent
                  required by law, pay into such court, for holding and
                  disposition in accordance with the instructions of such court,
                  all funds held by it in the Escrow Funds, after deduction and
                  payment to Escrow Agent of all fees and expenses (including
                  court costs and attorneys' fees) payable to, incurred by, or
                  expected to be incurred by Escrow Agent in connection with
                  performance of its duties and the exercise of its rights
                  hereunder.

         c.       Escrow Agent shall have no liability to the Company, the
                  Placement Agent, or any person with respect to any such
                  suspension of performance or disbursement into court,
                  specifically including any liability or claimed liability that
                  may arise, or be alleged to have arisen, our of or as a result
                  of any delay in the disbursement of funds held in the Escrow
                  Funds or any delay in with respect to any other action
                  required or requested of Escrow Agent.

         8. Investment of Escrow Funds. The Escrow Agent shall deposit the
Escrow Funds in a non-interest bearing money market account.

         If Escrow Agent has not received a Joint Written Direction at any time
that an investment decision must be made, Escrow Agent shall invest the Escrow
Fund, or such portion thereof, as to which no Joint Written Direction has been
received, in investments described above. The foregoing investments shall be
made by the Escrow Agent. Notwithstanding anything to the contrary contained,
Escrow Agent may, without notice

                                       4
<PAGE>

to the parties, sell or liquidate any of the foregoing investments at any time
if the proceeds thereof are required for any release of funds permitted or
required hereunder, and Escrow Agent shall not be liable or responsible for any
loss, cost or penalty resulting from any such sale or liquidation. With respect
to any funds received by Escrow Agent for deposit into the Escrow Funds or any
Joint Written Direction received by Escrow Agent with respect to investment of
any funds in the Escrow Funds after ten o'clock, a.m., New Jersey time, Escrow
Agent shall not be required to invest such funds or to effect such investment
instruction until the next day upon which banks in New Jersey are open for
business.

9. Resignation and Removal of Escrow Agent. Escrow Agent may resign from the
performance of its duties hereunder at any time by giving ten (10) days' prior
written notice to the parties or may be removed, with or without cause, by the
parties, acting jointly, by furnishing a Joint Written Direction to Escrow
Agent, at any time by the giving of ten (10) days' prior written notice to
Escrow Agent as provided herein below. Upon any such notice of resignation or
removal, the representatives of the Placement Agents and the Company identified
in Sections 13a. (iv) and 13b. (iv), below, jointly shall appoint a successor
Escrow Agent hereunder, which shall be a commercial bank, trust company or other
financial institution with a combined capital and surplus in excess of
$10,000,000.00. Upon the acceptance in writing of any appointment of Escrow
Agent hereunder by a successor Escrow Agent, such successor Escrow Agent shall
thereupon succeed to and become vested with all the rights, powers, privileges
and duties of the retiring Escrow Agent, and the retiring Escrow Agent shall be
discharged from its duties and obligations under this Escrow Agreement, but
shall not be discharged from any liability for actions taken as Escrow Agent
hereunder prior to such succession. After any retiring Escrow Agent's
resignation or removal, the provisions of this Escrow Agreement shall inure to
its benefit as to any actions taken or omitted to be taken by it while it was
Escrow Agent under this Escrow Agreement. The retiring Escrow Agent shall
transmit all records pertaining to the Escrow Funds and shall pay all funds held
by it in the Escrow Funds to the successor Escrow Agent, after making copies of
such records as the retiring Escrow Agent deems advisable and after deduction
and payment to the retiring Escrow Agent of all fees and expenses (including
court costs and attorneys' fees) payable to, incurred by, or expected to be
incurred by the retiring Escrow Agent in connection with the performance of its
duties and the exercise of its rights hereunder.

     10.  Liability of Escrow Agent.
          --------------------------

     a. Escrow Agent shall have no liability or obligation with respect to the
Escrow Funds except for Escrow Agent's willful misconduct or gross negligence.
Escrow Agent's sole responsibility shall be for the safekeeping, investment,
disbursement and accounting of the Escrow Funds in accordance with the terms of
this Agreement. Escrow Agent shall have no implied duties or obligations and
shall not be charged with knowledge or notice o any fact or circumstance not
specifically set forth herein. Escrow Agent may rely upon any instrument, not
only as to its due execution, validity and effectiveness, but also as to the
truth and accuracy of any information contained therein, which Escrow Agent
shall in good faith believe to be genuine, to have been signed or

                                       5
<PAGE>

presented by the person or parties purporting to sign the same and conform to
the provisions of this Agreement. In no event shall Escrow Agent be liable for
incidental, indirect, special, and consequential or punitive damages. Escrow
Agent shall not be obligated to take any legal action or commence any proceeding
in connection with the Escrow Funds, any account in which Escrow Funds are
deposited, this Agreement or the Securities Purchase Agreement, or to appear in,
prosecute or defend any such legal action or proceeding. Escrow Agent may
consult legal counsel selected by it in any event of any dispute or question as
to construction of any of the provisions hereof or of any other agreement or its
duties hereunder, or relating to any dispute involving any party hereto, and
shall incur no liability and shall be fully indemnified from any liability
whatsoever in acting in accordance with the opinion or instructions of such
counsel. The Company and the Placement Agent jointly and severally shall
promptly pay, upon demand, the reasonable fees and expenses of any such counsel.

         b. The Escrow Agent is hereby authorized, in its sole discretion, to
comply with orders issued or process entered by any court with respect to the
Escrow Funds, without determination by the Escrow Agent of such court's
jurisdiction in the matter. If any portion of the Escrow Funds is at any time
attached, garnished or levied upon under any court order, or in case the
payment, assignment, transfer, conveyance or delivery of any such property shall
be stayed or enjoined by any court order, or in any case any order judgment or
decree shall be made or entered by any court affecting such property or ay part
thereof, then and in any such event, the Escrow Agent is authorized, in its sole
discretion, to rely upon and comply with any such order, writ judgment or decree
which it is advised by legal counsel selected by its binding upon without the
need for appeal or other action; and if the Escrow Agent complies with any such
order, writ, judgment or decree, it shall not be liable to any of the parties
hereto or to any other person or entity by reason of such compliance even though
such order, writ judgment or decree may be subsequently reversed, modified,
annulled, set aside or vacated.

     11. Indemnification of Escrow Agent. From and at all times after the date
of this Agreement, the parties jointly and severally, shall, to the fullest
extent permitted by law and to the extent provided herein, indemnify and hold
harmless Escrow Agent and each director, officer, employee, attorney, agent and
affiliate of Escrow Agent (collectively, the "Indemnified Parties") against any
and all actions, claims (whether or not valid), losses, damages, liabilities,
costs and expenses of any kind or nature whatsoever (including without
limitation reasonable attorney's fees, costs and expenses) incurred by or
asserted against any of the Indemnified Parties from and after the date hereof,
whether direct, indirect or consequential, as a result of or arising from or in
any way relating to any claim, demand, suit, action, or proceeding (including
any inquiry or investigation) by any person, including without limitation the
parties to this Agreement, whether threatened or initiated, asserting a claim
for any legal or equitable remedy against any person under any statute or
regulation, including, but not limited to, any federal or state securities laws,
or under any common law or equitable cause or otherwise, arising from or in
connection with the negotiation, preparation, execution, performance or failure
of performance of this Agreement or any transaction contemplated herein, whether
or not any such Indemnified Party is a party to any such action or proceeding,
suit or the target

                                       6
<PAGE>

of any such inquiry or investigation; provided, however, that no Indemnified
Party shall have the right to be indemnified hereunder for liability finally
determined by a court of competent jurisdiction, subject to no further appeal,
to have resulted solely from the gross negligence or willful misconduct of such
Indemnified Party. If any such action or claim shall be brought or asserted
against any Indemnified Party, such Indemnified Party shall promptly notify the
Company and the Placement Agent hereunder in writing, and the Placement Agents
and the Company shall assume the defense thereof, including the employment of
counsel and the payment of all expenses. Such Indemnified Party shall, in its
sole discretion, have the right to employ separate counsel (who may be selected
by such Indemnified Party in its sole discretion) in any such action and to
participate and to participate in the defense thereof, and the fees and expenses
of such counsel shall be paid by such Indemnified Party, except that the
Placement Agents and/or the Company shall be required to pay such fees and
expense if (a) the Placement Agents or the Company agree to pay such fees and
expenses, or (b) the Placement Agents and/or the Company shall fail to assume
the defense of such action or proceeding or shall fail, in the sole discretion
of such Indemnified Party, to employ counsel satisfactory to the Indemnified
Party in any such action or proceeding, (c) the Placement Agents and the Company
is the plaintiff in any such action or proceeding or (d) the named or potential
parties to any such action or proceeding (including any potentially impleaded
parties) include both Indemnified Party the Company and/or the Placement Agents
Indemnified Party shall have been advised by counsel that there may be one or
more legal defenses available to it which are different from or additional to
those available to the Company or the Placement Agents. The Placement Agents and
the Company shall be jointly and severally liable to pay fees and expenses of
counsel pursuant to the preceding sentence, except that any obligation to pay
under clause (a) shall apply only to the party so agreeing. All such fees and
expenses payable by the Company and/or the Placement Agents pursuant to the
foregoing sentence shall be paid from time to time as incurred, both in advance
of and after the final disposition of such action or claim. The obligations of
the parties under this section shall survive any termination of this Agreement,
and resignation or removal of the Escrow Agent shall be independent of any
obligation of Escrow Agent.

     The parties agree that neither payment by the Company or the Placement
Agents of any claim by Escrow Agent for indemnification hereunder shall impair,
limit, modify, or affect, as between the Placement Agents and the Company, the
respective rights and obligations of Placement Agents, on the one hand, and the
Company, on the other hand, under the Placement Agency Agreements.

         13. Warranties.
             ----------

         a. Placement Agents makes the following representations and warranties
to Escrow Agent:

                                       7
<PAGE>

                  (i) Placement Agents have full power and authority to execute
                  and deliver this Escrow Agreement and to perform its
                  obligations hereunder.

                  (ii) This Escrow Agreement has been duly approved by all
                  necessary corporate action of Placement Agents, including any
                  necessary shareholder approval, has been executed by duly
                  authorized officers of the Placement Agents, enforceable in
                  accordance with its terms.

                  (iii) The execution, delivery, and performance of the
                  Placement Agents of this Agreement will not violate, conflict
                  with, or cause a default under the certificate of
                  incorporation or bylaws of Placement Agents, any applicable
                  law or regulation, any court order or administrative ruling or
                  degree to which the Placement Agents is a party or any of its
                  property is subject, or any agreement, contract, indenture, or
                  other binding arrangement.

                  (iv) Michael Jacobs has been duly appointed to act as the
                  representative of The May Davis Group, Inc., hereunder and has
                  full power and authority to execute, deliver, and perform this
                  Escrow Agreement, to execute and deliver any Joint Written
                  Direction, to amend, modify, or waive any provision of this
                  Agreement, and to take any and all other actions as the
                  Placement Agent's representative under this Agreement, all
                  without further consent or direction form, or notice to, the
                  Placement Agent or any other party.

                  (v) No party other than the parties hereto and the Investors
                  have, or shall have, any lien, claim or security interest in
                  the Escrow Funds or any part thereof. No financing statement
                  under the Uniform Commercial Code is on file in any
                  jurisdiction claiming a security interest in or describing
                  (whether specifically or generally) the Escrow Funds or any
                  part thereof.

                  (vi) All of the representations and warranties of the
                  Placement Agents contained herein are true and complete as of
                  the date hereof and will be true and complete at the time of
                  any disbursement from the Escrow Funds.

         b. The Company makes the following representations and warranties to
Escrow Agent:

                  (i) The Company is a corporation duly organized, validly
                  existing, and in good standing under the laws of the State of

                                       8
<PAGE>

                  Florida, and has full power and authority to execute and
                  deliver this Escrow Agreement and to perform its obligations
                  hereunder.

                  (ii) This Escrow Agreement has been duly approved by all
                  necessary corporate action of the Company, including any
                  necessary shareholder approval, has been executed by duly
                  authorized officers of the Company, enforceable in accordance
                  with its terms.

                  (iii) The execution, delivery, and performance by the Company
                  of this Escrow Agreement is in accordance with the Securities
                  Purchase Agreement and will not violate, conflict with, or
                  cause a default under the certificate of incorporation or
                  bylaws of the Company, any applicable law or regulation, any
                  court order or administrative ruling or decree to which the
                  Company is a party or any of its property is subject, or any
                  agreement, contract, indenture, or other binding arrangement,
                  including without limitation to the Securities Purchase
                  Agreement, to which the Company is a party or any of its land
                  is subject.

                  (iv) Walter V. Usinowicz, Jr. has been duly appointed to act
                  as the representatives of the Company hereunder and has full
                  power and authority to execute, deliver, and perform this
                  Escrow Agreement, to execute and deliver any Joint Written
                  Direction, to amend, modify or waive any provision of this
                  Agreement and to take all other actions as the Company's
                  Representative under this Agreement, all without further
                  consent or direction from, or notice to, the Company or any
                  other party.

                  (v) No party other than the parties hereto and the Investors
                  have, or shall have, any lien, claim or security interest in
                  the Escrow Funds or any part thereof. No financing statement
                  under the Uniform Commercial Code is on file in any
                  jurisdiction claiming a security interest in or describing
                  (whether specifically or generally) the Escrow Funds or any
                  part thereof.

                  (vi) All of the representations and warranties of the Company
                  contained herein are true and complete as of the date hereof
                  and will be true and complete at the time of any disbursement
                  from the Escrow Funds.

         14. Consent to Jurisdiction and Venue. In the event that any party
hereto commences a lawsuit or other proceeding relating to or arising from this
Agreement, the parties hereto agree that the United States District Court for
the District of New Jersey shall have the sole and exclusive jurisdiction over
any such proceeding. If all such courts lack federal subject matter
jurisdiction, the parties agree that the Superior Court Division

                                       9
<PAGE>

of New Jersey, Chancery Division of Essex County shall have sole and exclusive
jurisdiction. Any of these courts shall be proper venue for any such lawsuit or
judicial proceeding and the parties hereto waive any objection to such venue.
The parties hereto consent to and agree to submit to the jurisdiction of any of
the courts specified herein and agree to accept the service of process to vest
personal jurisdiction over them in any of these courts.

         15. Notice. All notices and other communications hereunder shall be in
writing and shall be deemed to have been validly served, given or delivered five
(5) days after deposit in the United States mails, by certified mail with return
receipt requested and postage prepaid, when delivered personally, one (1) day
delivered to any overnight courier, or when transmitted by facsimile
transmission and addressed to the party to be notified as follows:

                  If to Placement Agents, to:

                  The May Davis Group, Inc.
                  One World Trade Center
                  New York, NY 10048
                  Attention: Michael Jacobs
                  Facsimile: (212) 775-8166

                  With Copy to:

                  Butler Gonzalez, LLP
                  1000 Stuyvesant Avenue

                  Suite #6
                  Union, NJ  07083
                  Attention: David Gonzalez, Esq.
                  Facsimile: (908) 810-0973

                  If to Company, to:

                  TCPI, Inc.
                  3341 S.W. 15th Street
                  Pompano Beach, FL  33069
                  Attention: Elliot Block, Ph.D., Chief Executive Officer
                  Telephone:  (954) 979-0400
                  Facsimile:  (954) 979-6125

                  With Copy to:

                                       10
<PAGE>

                  Jay E. Eckhaus, Esq.
                  3341 S.W. 15th Street
                  Pompano Beach, FL  33069
                  Telephone:  (954) 979-0400
                  Facsimile:  (954) 979-6125

                        and

                  Teddy D. Klinghoffer, Esq.
                  Akerman, Senterfitt & Edison, P.A.
                  Suntrust International Center, 26th Floor
                  One S.E. 3rd Avenue
                  Telephone:  (305) 374-5600
                  Facsimile:  (305) 374-5095

                  If to Escrow Agent, to:

                  First Union National Bank,
                  407 Main Street
                  Metuchen, NJ 08840
                  Attention: Robert Mercado
                             Carmela Agugliaro
                  Facsimile: (732) 452-3005

         Or to such other address as each party may designate for itself by like
notice.

         16. Amendments or Waiver. This Agreement may be changed, waived,
discharged or terminated only by a writing signed by the parties and the Escrow
Agent. No delay or omission by any party in exercising any right with respect
hereto shall operate as waiver. A waiver on any one occasion shall not be
construed as a bar to, or waiver of, any right or remedy on any future occasion.

         17. Severability. To the extent any provision of this Agreement is
prohibited by or invalid under applicable law, such provision shall be
ineffective to the extent of such prohibition, or invalidity, without
invalidating the remainder of such provision or the remaining provisions of this
Agreement.

         18. Governing Law. This Agreement shall be construed and interpreted in
accordance with the internal laws of the State of New Jersey without giving
effect to the conflict of laws principles thereof.

         19. Entire Agreement. This Agreement constitutes the entire Agreement
between the parties relating to the holding, investment, and disbursement of the
Escrow Funds and

                                       11
<PAGE>

sets forth in their entirety the obligations and duties of the
Escrow Agent with respect to the Escrow Funds.

         20. Binding Effect. All of the terms of this Agreement, as amended from
time to time, shall be binding upon, inure to the benefit of and be enforceable
by the respective heirs, successors and assigns of the Placement Agent, the
Company, or the Escrow Agent.

         21. Execution of Counterparts. This Agreement and any Joint Written
Direction may be executed in counter parts, which when so executed shall
constitute one and same agreement or direction.

         22. Termination. Upon the first to occur of the disbursement of all
amounts in the Escrow Funds pursuant to Joint Written Directions or the
disbursement of all amounts in the Escrow Funds into court pursuant to Section 7
hereof, this Agreement shall terminate and Escrow Agent shall have no further
obligation or liability whatsoever with respect to this Agreement or the Escrow
Funds.

                  [REMAINDER OF PAGE LEFT INTENTIONALLY BLANK]

                                       12
<PAGE>

         IN WITNESS WHEREOF the parties have hereunto set their hands and seals
the day and year above set forth.

ATTEST:                                     COMPANY:
                                            TCPI, INC.

/s/ Jay E. Eckhaus                          By: /s/ Walter V. Usinowicz
--------------------                            --------------------------
Name: Jay E. Eckhaus                        Name: Walter V. Usinowicz
Title: Secretary                            Title: Chief Financial Officer

                                            ESCROW AGENT:
                                            FIRST UNION NATIONAL BANK

                                            By: /s/ Robert Mercado
                                                --------------------------
                                            Name: Robert Mercado
                                            Title: As Escrow Agent

                                            PLACEMENT AGENT:
                                            THE MAY DAVIS GROUP, INC.

                                            By: /s/ Michael Jacobs
                                                --------------------------
                                            Name: Michael Jacobs
                                            Title: Managing Director

                                       13

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