Document:

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                                                                 Exhibit 10.26

                              EMPLOYMENT AGREEMENT
                              --------------------

                  This Agreement executed this 23rd day of July, 1999 by and
between INTRAC ACQUISITION CORPORATION, a Delaware corporation ("IAC") and GARY
LEVI ("Employee").

         The parties, each intending to be legally bound, hereby agree as
follows:

         1. POSITION. IAC employs Employee in the position of Chief Executive
Officer pursuant to the terms of this Agreement. Employee will perform such
services in this capacity as may from time to time be reasonably requested by
IAC.

         2. TERM. This Agreement shall commence on the Effective Date, as
defined in the Agreement and Plan of Merger among WorldWide Web NetworX
Corporation ("WWWX"), Intrac Acquisition Corporation, The Intrac Group, a
company in which Employee was a principal shareholder, and the Sellers signatory
thereto, which includes Employee (the "Merger Agreement") and shall except as
provided in paragraph 9, remain in effect for a period of ten (10) years
thereafter. After this ten (10) year term, the Agreement shall automatically
renew from year to year unless either party gives written notice to the other at
least ninety (90) days prior to the expiration of the then current term that he
or it is not renewing.

         3. COMPENSATION AND BENEFITS. For all services rendered by Employee
under this Agreement, IAC shall compensate Employee as follows:

               (a)  Employee shall have an annual salary (the "Base Salary") of
                    $200,000, that will be paid jointly by IAC and ATM Service,
                    Ltd., a New York corporation ("ATM"). IAC will pay Employee,
                    on an quarterly basis, the difference between the amount of
                    the Base Salary and the portion thereof paid by ATM.

               (b)  Employee shall be entitled to receive such other benefits as
                    are contained in Schedule "A".

               (c)  The Base Salary shall be subject to annual review, and
                    Employee shall be entitled to such increase as is determined
                    by the Board of Directors of IAC. Notwithstanding anything
                    contained herein to the contrary, the Base Salary shall be
                    increased pro rata to any increase in salary received by
                    Warren Rothstein. As an example, if Warren Rothstein's Base
                    Salary is $75,000 and Employee's Base Salary is $50,000,
                    Employee shall be entitled to 66.67% of any increase
                    received by Rothstein. Employee's entitlement to any stock
                    options and bonuses or other additional compensation shall
                    likewise be pro rata with that of any stock options or
                    bonuses or other additional compensation granted or awarded
                    to Warren Rothstein.

         4. DUTIES. The duties of Employee are as contained in the attached
Schedule "B". Those duties shall be performed in such manner so as to uphold the
reputation of IAC in the business

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community. Those duties may be reasonably extended or curtailed from time to
time, at the discretion of the Board of Directors of IAC.

         5. TIME AND ATTENTION DEVOTED TO DUTIES. Employee shall devote his
entire time and attention to the business of IAC and ATM. He shall not, during
the term of this Agreement, be engaged in any other business activity which
interferes with his ability to perform the duties assigned to him by IAC and/or
ATM, whether or not such business activity is pursued for gain, profit or other
pecuniary advantage. This shall not be construed as preventing Employee from
investing his assets in such form or manner as will not require any services on
the part of Employee in the operation of the affairs of the companies in which
such investments are made, subject to the qualification that Employee may not
invest in a company which is competitive in any manner whatsoever with IAC, its
parents, subsidiaries or affiliates (except for investments constituting less
than one percent (l%) of a publicly owned company).

     6. NONDISCLOSURE AND RESTRICTIVE COVENANTS. Employee acknowledges that his
duties will necessarily result in his becoming familiar with the business,
software, patents and copyrights, methods and operations, client and customer
lists, client and customer information, manufacturing processes, product
specifications, vendors, trading patterns, financial goals, and other
proprietary and confidential information of IAC and WWWX, a publicly traded
corporation (the "Confidential Information"). Therefore, Employee acknowledges
and agrees that the following nondisclosure provisions and restrictive covenants
shall apply to the Confidential Information. The rights hereunder shall inure to
the benefit of IAC and WWWX, each of whom shall have the right to enforce the
terms of paragraphs 6 through 8 of this Agreement. For the purposes of
paragraphs 6 through 8 of this Agreement, the term "IAC" or "WWWX" shall include
each of their affiliated companies. The terms contained in paragraphs 6 through
8 shall survive the termination or expiration of this Agreement. Therefore,
Employee agrees:
          (a)  Employee will not, at any time during his employment by IAC, or
               at anytime thereafter, unless terminated by IAC without cause or
               by Employee for cause pursuant to sub-paragraph 9(c), without the
               written approval of IAC or its duly constituted officers, use for
               his benefit or the benefit of third parties reveal, divulge, or
               make known to any person, firm or corporation, the Confidential
               Information or any portions thereof.

          (b)  Employee agrees to return to IAC and WWWX upon request or
               immediately upon the termination of his employment by IAC, any
               and all written information, materials, equipment and software
               which constitutes, contains or relates in any way to the
               Confidential Information or trade secrets of IAC or WWWX
               including, but not limited to, any copies of such information.

          (c)  Unless Employee's employment hereunder is terminated by IAC
               without cause or by Employee for cause, or in the event of a
               material breach by any of the WWWX Parties under the Merger
               Agreement, Employee will not for a period equal to the later of
               the length of employment under this Agreement or five (5) years
               after Closing (as defined in the Merger Agreement) (the time
               period in this Section 6(c) being the "Non-Compete Term") compete
               in any

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               way with IAC or WWWX, directly or indirectly, whether as an
               employee, officer, director, agent, security holder, creditor,
               consultant or otherwise. During the Non-Compete Term, Employee
               will not consult with or have an interest in any business, firm,
               person, partnership, corporation or other entity which engages in
               the same or substantially similar business to that of WWWX or IAC
               worldwide , it being acknowledged that the business of WWWX and
               IAC is global in nature. A business shall be deemed similar or
               competitive to WWWX or IAC if it conducts one or more business
               activities substantially similar to that conducted by WWWX or
               IAC. During the Non-Compete Term, Employee will not provide
               services or products to any individual or entity which competes
               with IAC or WWWX.

          (d)  Nothwithstanding if Employee is terminated without cause and
               receives a mutually agreed upon severance package, Employee shall
               be bound to all covenants contained herein for the time periods
               contained above.

         7. RIGHT TO ENGAGE IN EMPLOYEE'S PROFESSION. Paragraph 6 is not
intended to restrict Employee in the exercise of his training and skills,
provided that the exercise of such training and skills does not involve
competing with IAC or WWWX in violation of the provisions of this Agreement.

         8. REMEDIES IN ADDITION TO ANY OTHER REMEDIES PROVIDED BY LAW. Employee
agrees that the breach of any of the covenants contained in paragraph 6 may
result in irreparable damage to IAC and WWWX and, in addition to any other
remedies provided in this Agreement or at law, IAC and WWWX shall have the right
to petition a court of competent jurisdiction to enjoin Employee from violating
such covenants.

     9. EARLIER TERMINATION.

          (a)  Notwithstanding the termination provision of paragraph 2, this
               Agreement may be terminated at any time by IAC upon the
               occurrence of any of the following:

                    (i)  Employee's inability to perform substantially all of
                         the duties assigned, through death or total disability
                         in excess of sixty (60) consecutive days or total
                         disability in excess of ninety (90) days in any twelve
                         (12) month period.

                    (ii) Any act of dishonesty or disloyalty by Employee
                         involving or materially affecting IAC.

                    (iii)Employee's Material Breach of the confidentiality
                         provisions of this Agreement.

                    (iv) Any other material breach of this Agreement by
                         Employee.

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                    (v)  The termination of the business of IAC, the sale of
                         substantially all of the assets of IAC or a merger or
                         consolidation in which IAC is not the surviving entity.

               (b)  IAC may further terminate this Agreement in the event of the
                    failure of Employee to substantially perform the duties
                    assigned to him by IAC providing IAC shall provide thirty
                    (30) days written notice to Employee of his failure to
                    perform his duties with an opportunity to cure within said
                    thirty (30) day period.

               (c)  Employee may terminate this Agreement in the event of IAC's
                    material breach of this Agreement or in the event of a
                    material breach of the Merger Agreement by any of the WWWX
                    parties, providing Employee shall provide thirty (30) days
                    written notice to IAC of its breach with an opportunity to
                    cure within said thirty (30) day period.

               (d)  In the event that Employee terminates this Agreement for any
                    reason other than (1) a material breach by IAC hereunder or
                    by any of the WWWX Parties under the Merger Agreement or (2)
                    for reasons contained in sub-paragraph 9(a)(i) above, prior
                    to the expiration of the first five (5) years of the term,
                    then for each such month or portion thereof prior to the
                    expiration of such five-year period, Employee shall pay to
                    IAC the sum of Eighteen Thousand Seven Hundred Fifty
                    ($6,250.00) Dollars at the date of Termination. As an
                    example, if this Agreement terminates after thirty-six (36)
                    months, Employee shall pay to IAC One Hundred Fifty Thousand
                    ($150,000.00) Dollars. This sum was determined by way of
                    calculation of IAC's actual damages, in that Employee
                    received certain benefits upon the merger of Intrac into
                    WWWX and those benefits were dependent upon at least five
                    (5) years of service of Employee at IAC.

     10. REPRESENTATIONS OF EMPLOYEE

               (a)  Employee represents that to the best of his knowledge he is
                    not the subject of any pending or threatened claim which
                    involves any criminal or governmental proceedings, or
                    allegations of misfeasance, and that he has not been charged
                    nor threatened to be charged by any governmental or
                    administrative body with violation of law except for minor
                    traffic violations and similar charges.

               (b)  Employee represents and warrants that he is not prohibited
                    from acting in any capacity for IAC by virtue of the
                    operation of any non-competition or similar agreement with
                    any prior employer, or by any applicable statutes,
                    regulations or ordinances or any other applicable law or by
                    the rules and regulations of the US Securities and Exchange
                    Commission or any national securities exchange, and that his
                    acting in the capacity for IAC that is contemplated by the
                    parties

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                    hereto and by virtue of his position with IAC described in
                    Section 1 hereof will not subject IAC to claims or
                    materially impair the license status of IAC or its
                    affiliates or any entity operated by IAC or its affiliates.

         11. DEFENSE OF CLAIMS. Employee agrees that during the Term, and at all
reasonable times thereafter, he will cooperate with IAC in the defense of any
claim that may be made against IAC or any affiliates, to the extent that such
claims may relate to services performed by Employee for IAC or its affiliates.
In connection with such claim, IAC will reimburse Employee for all of his
reasonable out-of-pocket expenses associated and, to the extent reasonably
practicable, to provide Employee with notice at least ten (10) days prior to the
date on which any travel is required, and (ii) if Employee is no longer employed
by IAC, to compensate Employee at a reasonable rate for his time.

         12. NOTIFICATION OF AGREEMENT. Employee shall notify any future or
prospective employers, partners or persons with a similar business relationship
to Employee ("Future Employers") about the terms of this Agreement for any
period for which the covenants contained above pertains. Employee does hereby
authorize IAC to notify any Future Employers about the terms of this Agreement
upon discovery by IAC that Employee is being considered for employment,
partnership or similar business relationship (or has entered into such a
relationship) with a Future Employer in order to ensure Employee's observance
and compliance herewith.

         13. INJUNCTION AND OTHER RELIEF. Both parties hereto recognize that the
services to be rendered under this Agreement by Employee are special, unique and
of extraordinary character, and that in the event of the breach by Employee of
any of the terms and conditions of this Agreement to be performed by him, or in
the event Employee performs services for any person, firm or corporation in
violation of Sections 6-8, or if Employee shall breach the provisions of this
Agreement with respect to Confidential Information, then IAC shall be entitled,
if it so elects, in addition to all other remedies available to it under this
Agreement or at law or in equity, to affirmative injunctive or other equitable
relief.

         14. STIPULATION. Employee hereby specifically acknowledges, agrees,
stipulates and represents to IAC that:

               (a)  Employee has received adequate and sufficient consideration
                    for entering into this Agreement including the
                    above-referenced compensation;

               (b)  the execution and delivery of this Agreement and the
                    performance hereunder do not and shall not constitute a
                    violation of any covenants of non-competition, trade
                    secrecy, or confidentiality to which Employee is a party;

               (c)  the covenants of Employee contained in this Agreement are in
                    consideration of the promise of IAC to provide Confidential
                    Information (including trade secrets) to Employee and are
                    necessary to protect IAC

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                    interests in such Confidential Information, as well as IAC's
                    business good will and other business interests;

               (d)  IAC may suffer great loss and irreparable harm if Employee
                    competes directly or indirectly with IAC;

               (e)  the temporal, geographic and other restrictions contained in
                    this Agreement are in all respects reasonable and necessary
                    to protect the business good will, Confidential Information,
                    trade secrets, prospects and other business interest of IAC;
                    and

               (f)  the enforcement of this Agreement will not work an undue or
                    unfair hardship on Employee or otherwise be oppressive to
                    him.

         15. SEVERABILITY. In the event that any of the provisions of this
Agreement shall be held invalid or unenforceable by any court of competent
jurisdiction, such invalidity or unenforceability shall not affect the remainder
of this Agreement and same shall be construed as if such invalid or
unenforceable provisions had never been a part hereof. If a court of competent
jurisdiction determines that the length of time, geographical restrictions or
any other restriction, or portion thereof, set forth in this Agreement is overly
restrictive and unenforceable, the parties agree that the court shall reduce or
modify such restrictions to those which it deems reasonable and enforceable
under the circumstances, and as so reduced or modified, the parties hereto agree
that the restrictions of this Agreement shall remain in full force and effect.

         16. ENTIRE AGREEMENT. This document constitutes the entire agreement
between IAC and Employee regarding the subject matter hereof and there are no
oral agreements or undertakings affecting this instrument; any future
modifications, in order to be binding upon the parties, must be reduced to
writing and executed by both parties to this Agreement.

         17. NO WAIVER. Either party's failure to strictly enforce any provision
of this Agreement shall not be construed as a waiver or as excusing either party
from future performance.

         18. SUCCESSORS AND ASSIGNS. This Agreement shall inure to the benefit
of the heirs, executors, administrators, successors and assigns of the
respective parties, but in no event may Employee assign to any other party
Employee's duties or obligations under this Agreement.

         19. NEW YORK JURISDICTION AND LAW. THIS AGREEMENT HAS BEEN MADE AND
EXECUTED IN THE STATE OF NEW YORK AND THE PARTIES CONSENT TO THE JURISDICTION OF
THE NEW YORK COURTS AND THE APPLICATION OF DELAWARE LAW TO ANY CONTROVERSY
HEREUNDER. THE PARTIES AGREE TO WAIVE A JURY TRIAL IN ANY PROCEEDING BROUGHT TO
ENFORCE ANY OF THE TERMS OF THIS AGREEMENT.

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         20. HEADINGS. Paragraph headings herein shall have absolutely no legal
significance and are used solely for convenience of reference.

         21. ACKNOWLEDGMENT. Employee acknowledges that notwithstanding the date
of Employee's execution and delivery of this Agreement, Employee was made aware
of and consented to the covenants, conditions and agreements of this Agreement
that he is receiving additional consideration for the same, including, but not
limited to, the employment arrangement contained in this Agreement.

         22. NOTICES. All notices which either party is required or may desire
to give to the other under or in conjunction with is Agreement shall be in
writing and shall be given by addressing the same to such other party at the
address set forth below, and by depositing the same so addressed, certified
mail, postage prepaid, return receipt requested, or by overnight mail or by
reputable courier service, or by delivering the same personally to such other
party.

                           If to Employer:
                           ATM Services, Ltd.
                           12 Springdale Road, Building 11
                           Cherry Hill, NJ  08003
                           Attn:  Chairman

                           with a copy to:  Allan M. Cohen, Esq.

                           If to Employee:

                           Gary Levi
                           144 Soundview Drive
                           Port Washington, NY 11050

                           with a copy to:

                           Astor, Weiss, Kaplan & Rosenblum, LLP
                           The Bellevue, Sixth Floor
                           Broad Street at Walnut
                           Philadelphia, PA  19102
                           Facsimile No.: 215-790-0509
                           Attn:  G. David Rosenblum, Esq.

         Any notice mailed should be deemed to have been given three (3) United
States Post Office delivery days following the date of mailing. Overnight mail
or courier services shall be deemed to have been given on the next business day
following the date of mailing. Any notice delivered in person shall be deemed
effective upon delivery. Either party may change the address for the service of
notice upon it by written notice given to the other in the manner herein
provided for the giving of notice.

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         IN WITNESS WHEREOF, the parties hereto have set their hands.

                                      INTRAC ACQUISITION CORPORATION

                                      By:  //S// Michael Norton
                                           ----------------------
                                      Name:  Michael Norton
                                      Title:  Authorized representative

                                      //S//  Gary Levi
                                      ---------------------------
                                      GARI LEVI

                                      8

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                                                                 Exhibit 10.27

                             POST-CLOSING AGREEMENT

         This Post-Closing Agreement is made and entered into, this 23rd day of
July, 1999, by and among WORLDWIDE WEB NETWORX CORPORATION ("WWWX"), INTRAC
ACQUISITION CORPORATION ("IAC"), THE INTRAC GROUP ("Intrac"), THOMAS SETTINERI
(`Settineri") and GARY LEVI ("Levi", and WWWX, IAC, Intrac, Settineri and Levi
are sometimes hereafter referred to collectively as the "Parties").

         WHEREAS, the Parties entered into that certain Agreement and Plan of
Merger, dated as of July 9, 1999 (the "Merger Agreement", and all capitalized
terms used herein and not otherwise defined herein shall have the same meaning
given to such terms in the Merger Agreement"); and

         WHEREAS, the Closing took place this date; and

         WHEREAS, the parties desire to enter into this Agreement, in connection
with the Closing, concerning the Merger Consideration and certain other
agreements by and among the parties.

         NOW, THEREFORE, the parties hereto agree as follows, intending to be
legally bound hereby:

         1. Within seven (7) days from the date of this Agreement:

            a The Amended and Restated ATM Shareholders Agreement will be
         prepared and signed by the Parties and Warren Rothstein; and

            b. WWWX will cause 240 shares of the common stock of ATM to be
         issued and delivered to Settineri and Levi, pursuant to Section 3.2(c)
         of the Merger Agreement, as follows:

               Settineri        180 shares
               Levi              60 shares

         2. Within three (3) days from the date of this Agreement, Settineri and
Levi will be elected as directors of both ATM and IAC and to the following
offices of both ATM and IAC:
                                                                   INITIALS [MN]
            Settineri       President & Chief Executive Officer             [TS]
            Levi            Secretary, Treasurer & Chief Operating Officer  [GL]

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         3. This will confirm that WWWX has, this date:

            a. wired the total sum of $1,500,000 to Settineri and Levi in
         accordance with their respective wiring instructions, pursuant to
         Section 3.2(a) of the Merger Agreement, as follows:

                Settineri        $1,125,000
                Levi             $   375,000

            b. wired the sum of $1,000,000 to the account of IAC at PNC Bank
         (Account No. 801 321 0791 pursuant to Section 3.3 of the Merger
         Agreement; and

            c, issued a letter of instructions to its transfer agent directing
         the issuance and delivery of shares of its common stock to Settineri
         and Levi, pursuant to Section 3.2 (b) of the Merger Agreement, as
         follows:

               Settineri        750,000 shares
               Levi             250,000 shares

     IN WITNESS WHEREOF, the parties have caused this Post-Closing Agreement to
be executed as of the date first above written.

                                        //s// THOMAS SETTINERI
                                 ----------------------------------------
                                 Thomas Settineri

                                        //s// GARY LEVI//
                                 ---------------------------------------
                                 Gary Levi

                                 INTRAC ACQUISITION CORPORATION

                                 By:    //s// MICHAEL E. NORTON
                                     ------------------------------------
                                     Name: Michael E. Norton
                                     Title: Authorized Representative

                                 WWWX WORLDWIDE WEB NETORX
                                 CORPORATION

                                 By:    //s// MICHAEL E. NORTON
                                     -----------------------------------
                                     Name: Michael E. Norton
                                     Title: Vice President - Finance and Chief
                                     Financial Officer

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