Document:

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EXHIBIT 10.40

                     ASSET AND MEMBERSHIP PURCHASE AGREEMENT
                     ---------------------------------------

         ASSET AND MEMBERSHIP PURCHASE AGREEMENT (this "Agreement") is dated as
of December 28, 2001, by and between Junum Incorporated, a Delaware corporation
("Junum" or "Seller"), and Emergent Financial Group, Inc., a Delaware
corporation ("Purchaser" or "Emergent").

                                   WITNESSETH:
                                   -----------

         WHEREAS, Seller owns 100% of the outstanding capital stock (the
"NextTech Shares") of NextTech, Inc., a Nevada corporation ("Next Tech");

         WHEREAS, Next Tech's systems and business plan have been designed to
market a credit card-based credit solution to consumers (the "Next Tech
Business");

         WHEREAS, Next Tech has completed licensing agreements and operating
relationships to initiate and maintain a credit card program, including
contracting with a regulated financial institution in good standing with the
FDIC or other regulatory body and which is a principal member of VISA or
MasterCard, and an agreement in principle with Net 1st Bank (the "Net 1st
Agreement");

         WHEREAS, Junum's patent pending systems, in part, serve to optimize
consumer credit rating through a series of automated and other processes which
are marketed as a membership based, monthly subscription service (as such
service may be modified, amended, increased or decreased from time to time, with
Next Tech's prior written consent if such modification, amendment, increase or
decrease materially effects the Junum Memberships purchased by Purchaser,
Junum's "Credit Management Service");

         WHEREAS, Junum desires to acquire new customers for its services;

         WHEREAS, Purchaser desires to purchase 1,200,000 months of Junum's
Credit Management Service as such services are offered and provided as of the
date hereof (the "Junum Memberships") for the purpose of reselling such Junum
Memberships to third parties, including customers of Next Tech, in any
denomination (such as 100,000 memberships for 12 months each, or 200,000
memberships for 6 months each, or any other combination);

         WHEREAS, Emergent desires to acquire Junum Memberships at a fixed,
discounted purchase price, through a prepayment for such services, and Emergent
also desires to acquire control of the facilities and contracts for marketing
credit cards through the purchase of all of the outstanding Next Tech Shares;

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         WHEREAS, the Seller desires to sell, and Purchaser desires to purchase,
the Next Tech Shares and the Junum Memberships (together, the "Assets").

         NOW, THEREFORE, IT IS AGREED:

                                    ARTICLE I

                PURCHASE AND SALE OF ASSETS AND JUNUM MEMBERSHIP
                ------------------------------------------------

         Section 1.1 SALE OF ASSETS. Subject to the terms and conditions herein
stated, Seller hereby agrees to sell, assign, transfer and deliver to Purchaser
on the Closing Date, and Purchaser agrees to purchase from Seller on the Closing
Date, all of the Assets (the "Sale"). All customer relationships arising from
the resale of the Junum Memberships by Next Tech shall be the sole and exclusive
property of Next Tech, and all information pertaining to such customer
relationships shall be the sole and exclusive property of Next Tech.

         Section 1.2 PRICE. On the Closing Date, Purchasers shall pay to Sellers
a purchase price of $5,000,000 (the "Purchase Price"), payable in the form of
8,333,333 shares of the restricted common stock of Emergent Financial Group,
Inc. (the "Emergent Common Stock"). Such shares shall not be transferrable for a
period of two years from the Closing Date without the written consent of
Emergent, and shall be subject to the Repurchase Rights, as set forth in Section
1.3 below. It is agreed by all parties that the Purchase Price shall be
allocated $200,000 for the Next Tech Shares, and $4,800,000 for the Junum
Memberships. Each party agrees not to take any position on its financial
statements or tax returns that is inconsistent with this allocation, except as
may be required by law or by generally accepted accounting principals as
determined by independent certified public accountants.

         Section 1.3 TERM. The term of this Agreement shall be for a period of
two years, subject to extension as set forth below (the "Term"). Emergent agrees
that it will use the purchased Junum Memberships during the Term, provided that
if Emergent has not used all of such Junum Memberships during the Term, Emergent
shall have the right to extend the Term for an additional two years. Junum
agrees that Junum will perform such services for members and customers
introduced by Emergent for the Term, and Junum will continue to provide services
for then existing members after the expiration of the Term for as long as the
member is not in default under Junum's services agreement (including, without
limitation, the payment of monthly subscription fees and service unit fees after
the expiration of the Term).

         Section 1.4 EXCLUSIVITY. During the Term, Junum shall not enter into
any business relationship that will compete with the business of Next Tech in
the acquisition of new members who are residents of the United States with
respect to the sale and marketing of Junum Memberships bundled in combination in
any form with a newly issued, unsecured VISA or MasterCard.

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Notwithstanding the foregoing, however, (1) Junum may continue to market its
secured card products and marketing program currently in operation with Sterling
Bank or any other banking relationship so long as such relationship pertains
only to secured credit cards, and (2) Junum may continue any sales or marketing
programs in conjunction with Capital One, its affiliates and/or their respective
subsidiaries for the distribution of Junum Memberships to Capital One
cardholders. In the event that Next Tech and/or Emergent have not activated at
least 25,000 memberships within six months following the date that all
agreements with third parties necessary to sell the Junum Memberships bundled
with an unsecured Next Tech credit card are executed and fully in force (the
"Launch Date"), and at least 50,000 memberships within one year following the
Launch Date, and after such one year period, not less than 50,000 active and
paying memberships continue to be maintained, then this exclusivity provision
shall be terminated.

         Section 1.5 REPURCHASE RIGHTS. Emergent shall have the right to
repurchase all or any portion of the Emergent Common Stock at any time and from
time to time for a purchase price of $0.60 per share during the Term. Such right
shall be exercised by written notice to Junum, along with a cashier's check in
the amount of the purchase price. Upon tender of such notice and cashier's
check, the Emergent Common Stock so purchased shall be immediately transferred
to Emergent or cancelled, at Emergent's option. This repurchase right may be
assigned by Emergent.

         Section 1.6 CHANGE OF CONSIDERATION. Junum may elect to exchange, at
its option, all or any portion of the shares of Emergent Common Stock
constituting the Purchase Price for cash in the amount of $0.60 per such share;
PROVIDED, HOWEVER, that Junum may only make this election with respect to a
maximum aggregate number of shares which would require Emergent to pay to Junum
$4.00 per month for each Junum Membership activated by Emergent or any of its
affiliates (including, without limitation, Next Tech after the Closing Date),
for so long as each such Junum Membership remains active and the customer pays
for such services, including service unit fees (fees charged for disputes and
deletions from the customer's credit reports) and monthly subscription fees. The
election hereunder shall, if at all, be accomplished by written notice to
Emergent of such election by Junum, including the number of shares of Emergent
Common Stock to be tendered to Emergent, along with a statement showing the
number of Junum Memberships activated hereunder, and the combined number of
months all such Junum Memberships have at such time been active. Junum shall
provide a detailed calculation showing that it is entitled to make such election
under the provisions of this paragraph.

         Section 1.7 JUNUM MEMBERSHIPS. Notwithstanding anything to the contrary
herein, the term "Junum Memberships" shall include only the monthly subscription
fees payable by customers, and shall not include any charges for additional
services or service unit charges for disputes and deletions. Accordingly, Junum
shall not be entitled to receive payment of monthly subscription fees with
respect to the Junum Memberships purchased by Purchaser hereunder, but Junum
shall be entitled to payment of its standard charges for disputes and deletions.
As of the date hereof Junum currently charges $5.00 per item disputed per credit
reporting agency, and $15.00 for each item removed from each consumer credit
report. Upon activation of any Junum Membership, as a condition to such

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activation, Junum must be provided with valid billing information for a credit
card and authorization to charge the service unit fees to such credit card.

         Section 1.8 CLOSING. The closing of the Sale referred to in Section 1.1
(the "Closing") shall take place as of December 31, 2001 at the offices of
Purchaser. Such time and date are herein referred to as the "Closing Date." The
Emergent Common Stock shall be delivered to Seller as soon as possible on or
after the Closing Date.

                                   ARTICLE II

                            REPRESENTATIONS OF SELLER
                            -------------------------

         As of the date hereof and the Closing Date, Seller represents and
warrants, as follows:

         Section 2.1 AUTHORIZATION AND VALIDITY OF AGREEMENT. Seller has the
absolute and unrestricted right, power, authority, and capacity to execute and
deliver this Agreement and the Closing Documents and to perform its obligations
under this Agreement and the Closing Documents. The execution, delivery and
performance by Seller of this Agreement and the Closing Documents are within its
power and have been duly authorized. Upon execution hereof, this Agreement and
the Closing Documents shall constitute valid and binding agreements and
obligations of Seller, enforceable against Seller in accordance with their
respective terms.

         Section 2.2 CONSENTS AND APPROVALS: NO VIOLATIONS. The execution and
delivery of this Agreement by the Sellers and the consummation by the Sellers of
the sale of the Assets as contemplated herein and the other transactions
contemplated hereby (a) will not violate any statute, rule, regulation, order or
decree of any public body or authority by which any Seller is bound or by which
any of their respective properties or assets are bound, (b) will not require any
filing with, or permit, consent or approval of, or the giving of any notice to,
any United States governmental or regulatory body, agency or authority on or
prior to the Closing Date, and (c) will not result in a violation or breach of,
conflict with, constitute (with or without due notice or lapse of time or both)
a default (or give rise to any right of termination, cancellation, payment or
acceleration) under, or result in the creation of any Encumbrance upon any of
the properties or assets of any Seller under any of the terms, conditions or
provisions of any note, bond, mortgage, indenture, license, franchise, permit,
agreement, lease, franchise agreement or any other instrument or obligation to
which any Seller is a party, or by which they or any of their respective
properties or assets may be bound.

         Section 2.3 EXISTENCE AND GOOD STANDING. Seller is a corporation duly
organized, validly existing and in good standing under the laws of its state of
incorporation and has all requisite corporate power and authority to own, lease
and operate its properties and to carry on its business as now being conducted,
and is duly qualified or licensed as a foreign corporation to conduct its

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business, and is in good standing in each jurisdiction in which the character or
location of the property owned, leased or operated by it or the nature of the
business conducted by it makes such qualification necessary.

         Section 2.4 TITLE TO PROPERTY AND ASSETS. (a) The Seller owns and has
good title, free and clear of all Encumbrances, to the Assets. There are no
liabilities, obligations, contracts, agreements or rights which are binding upon
Next Tech, and no rights in favor of any third party which provide any
ownership, profit participation, bonus or other right to compensation,
royalties, reimbursement or other remuneration from Next Tech to any third party
or to Junum, other than an agreement with Net 1st. For purposes hereof; an
"Encumbrance" means any security interest, mortgage, lien, charge, claim,
condition, equitable interest, pledge, right of first refusal, option, adverse
claim or restriction of any kind, including, but not limited to, any restriction
on the use, transfer, receipt of income or other exercise of any attributes of
ownership.

         (b) The Next Tech Shares constitute all of the shares of capital stock
of Next Tech, and there are no other securities of any kind or nature whatsoever
which are presently outstanding which provide the holder thereof or any other
party the right to acquire any capital stock of Next Tech. Upon the Closing
Date, Purchaser shall acquire 100% of the ownership interest of Next Tech, free
and clear of any Encumbrances.

         Section 2.5 COMPLIANCE WITH LAW. Seller is and at all times has been in
full compliance in all respects with all Legal Requirements and Orders
applicable to the Assets. Seller has received no notice of any violation of any
applicable Legal Requirement or Order. No event has occurred or circumstance
exists that (with or without notice or lapse of time or both) may constitute or
result in a violation by Seller or Next Tech of, or a failure by Seller or Next
Tech to comply with, any applicable Legal Requirement or Order. For purposes of
this Section 2.5, "Legal Requirement" or "Law" means any federal, state, local,
municipal or other administrative order, constitution, law, code, rule,
directive, ordinance, principle of common law, regulation, statute and similar
provisions having the force or effect of law, and "Order" means any award,
decision, summons, writ, injunction, judgment, order, ruling, subpoena,
citation, notice, demand letter, directive, decree or verdict entered, issued,
made, given or rendered by any court, administrative agency or other
governmental body or by any arbitrator.

         Section 2.6 DISCLOSURE. As of the date hereof, all filings of Junum
with the United States Securities and Exchange Commission (the "SEC") since
November 15, 2000 are true, complete and correct, do not contain any material
misstatement of fact, and do not omit to state a material fact necessary to make
the statements therein, in light of the circumstances in which they were made,
not misleading. Junum has delivered or made available copies of all such filings
to Emergent. Junum has not failed to disclose or report any information in any
such filing which, in light of the circumstances, would be required to be
disclosed or reported under any federal or state securities laws and
regulations.

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         Section 2.7 LITIGATION. There are no (i) actions, suits or legal,
equitable, arbitrative or administrative proceedings pending, or to the
knowledge of Seller, threatened against Seller which would or could result in an
Encumbrance against the Assets which would be enforceable against Next Tech or
the Purchaser after the Closing Date, or (ii) judgements, injunctions, writs,
rulings or orders by any governmental person against any Seller which could in
any way restrict Seller's ability to consummate the transactions contemplated
herein, or which could result in any Encumbrance on the Assets which would exist
after the Closing Date.

         Section 2.8 BROKER'S OR FINDER'S FEES. No agent, broker, firm or other
Person acting on behalf of Sellers is, or will be, entitled to any commission or
broker's or finder's fees from the Purchaser in connection with any of the
transactions contemplated herein.

         Section 2.9 ACCURACY OF INFORMATION. None of the representations and
warranties of Junum contained herein or in the documents furnished by Junum
pursuant hereto contain any material misstatement of fact, or omit to state any
material fact necessary to make the statements herein or therein in light of the
circumstances in which they were made not misleading.

                                   ARTICLE III

                          REPRESENTATIONS OF PURCHASER
                          ----------------------------

         As of the date hereof and the Closing Date, Purchaser represents and
warrants as follows:

         Section 3.1 COMMON STOCK. Upon the execution and delivery of this
Agreement, and the issuance of the shares of Emergent Common Stock which
constitute the Purchase Price, such shares shall be duly authorized, validly
issued, fully paid and nonassessable.

         Section 3.2 AUTHORIZATION AND VALIDITY OF AGREEMENT. Purchaser has full
power and authority (corporate or otherwise) to execute and deliver this
Agreement, to perform its obligations hereunder and to consummate the
transactions contemplated hereby. This Agreement has been duly executed and
delivered by Purchaser and, assuming the due execution of this Agreement by
Seller, is a valid and binding obligation of Purchaser, enforceable against
Purchaser in accordance with its terms, except to the extent that its
enforceability may be subject to applicable bankruptcy, insolvency,
reorganization and similar laws affecting the enforcement of creditors' rights
generally and to general equitable principles.

         Section 3.3 CONSENTS AND APPROVALS: NO VIOLATIONS. The execution and
delivery of this Agreement by Purchaser and the consummation by Purchaser of the
purchase of the Assets as contemplated herein and the other transactions

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contemplated hereby (a) will not violate the provisions of the Certificate of
Incorporation or Bylaws of Purchaser, (b) will not violate any statute, rule,
regulation, order or decree of any public body or authority by which Purchaser
is bound or by which any of their respective properties or assets are bound, (c)
will not require any filing with, or permit, consent or approval of; or the
giving of any notice to, any United States governmental or regulatory body,
agency or authority on or prior to the Closing Date, and (d) will not result in
a violation or breach of, conflict with, constitute (with or without due notice
or lapse of time or both) a default (or give rise to any right of termination,
cancellation, payment or acceleration) under, or result in the creation of any
Encumbrance upon any of the properties or assets of the Purchaser under, any of
the terms, conditions or provisions of any note, bond, mortgage, indenture,
license, franchise, permit, agreement, lease, franchise agreement or any other
instrument or obligation to which Purchaser is a party, or by which they or any
of its properties or assets may be bound.

         Section 3.4 EXISTENCE AND GOOD STANDING. Purchaser is a corporation
duly organized, validly existing and in good standing under the laws of the
State of Delaware and has all requisite corporate power and authority to own,
lease and operate its properties and to carry on its business as now being
conducted. Purchaser is duly qualified or licensed as a foreign corporation to
conduct its business, and is in good standing in each jurisdiction in which the
character or location of the property owned, leased or operated by it or the
nature of the business conducted by it makes such qualification necessary,
except where the failure to be so duly qualified or licensed would not have a
Material Adverse Effect. The term "Material Adverse Effect" means any
circumstance, change in or effect on Purchaser that is materially adverse to the
business, operations, properties, financial condition or results of operations
of Purchaser, taken as a whole.

         Section 3.5 DISCLOSURE. As of the date hereof, all filings of Emergent
with the SEC since June 30, 2001 are true, complete and correct, do not contain
any material misstatement of fact, and do not omit to state a material fact
necessary to make the statements therein, in light of the circumstances in which
they were made, not misleading.

         Section 3.6 BROKER'S OR FINDER'S FEES. No agent, broker, firm or other
Person acting on behalf of Junum is, or will be, entitled to any commission or
broker's or finder's fees from any of the parties hereto, in connection with any
of the transactions contemplated herein, except as set forth in Section 4.4.

         Section 3.7 ACCURACY OF INFORMATION. None of the representations and
warranties of Purchaser contained herein or in the documents furnished by
Purchaser pursuant hereto contain any material misstatement of fact, or omit to
state any material fact necessary to make the statements herein or therein in
light of the circumstances in which they were made not misleading.

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                                    ARTICLE IV

                               CERTAIN AGREEMENTS
                               ------------------

         Section 4.1 REASONABLE BEST EFFORTS. Each of the parties hereto agrees
to use its reasonable best efforts to take, or cause to be taken, all action to
do or cause to be done, and to assist and cooperate with the other party hereto
in doing, all things necessary, proper or advisable to consummate and make
effective, in the most expeditious manner practicable, the transactions
contemplated by this Agreement, including, but not limited to, (a) the obtaining
of all necessary waivers, consents and approvals from governmental or regulatory
agencies or authorities and the making of all necessary registrations and
filings and the taking of all reasonable steps as may be necessary to obtain any
approval or waiver from, or to avoid any action or proceeding by, any
governmental agency or authority, (b) the obtaining of all necessary consents,
approvals or waivers from third parties, including Net 1st and (c) the defending
of any lawsuits or any other legal proceedings, whether judicial or
administrative, challenging this Agreement or the consummation of the
transactions contemplated hereby, including, without limitation, seeking to have
any temporary restraining order entered by any court or administrative authority
vacated or reversed. In the event any such consent, approval or waiver which is
required to consummate the transactions contemplated herein, and which is
required to transfer the benefits contemplated herein, is not obtained, the
party adversely effected by the failure to obtain such consent, approval or
waiver shall have the right to rescind this agreement by tendering all
consideration and/or assets received by such party to the other party in
exchange for the consideration and/or assets paid by such party.

         Section 4.2 LOCK-UP AGREEMENT.

         (a) All of the Emergent Common Stock constituting the Purchase Price
shall not be transferrable for a period of 24 months following the Closing Date
without the prior written consent of Emergent; provided, however, that with the
prior written consent of Emergent, Junum shall have the right to transfer in a
private transaction in compliance with all applicable federal and state
securities laws, all or any portion of the Emergent Common Stock to any
transferee (a) who executes an agreement satisfactory to Emergent acknowledging
the lock-up and repurchase provisions contained herein, and that the Emergent
Common Stock shall be subject to Emergent's rights and claims, if any, against
Seller, and (b) who is reasonably acceptable to Emergent and not in competition
with Emergent.

         (b) Each certificate representing such shares of Emergent Common Stock
shall contain a legend describing the restrictions contained in this Agreement.

         Section 4.3 NO SHORT POSITIONS. Without the prior written consent of
Emergent, for a period of two years following the date hereof (the "Lock-up
Period"), Junum hereby agrees not to sell, loan, pledge, assign, transfer,
encumber, distribute, grant or otherwise dispose of; directly or indirectly,

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or offer, contract or otherwise agree to do any of the foregoing, any rights
with respect to (a) any shares of the common stock (the "Common Stock") of
Emergent, (b) any options or warrants to purchase any shares of Common Stock or
any securities convertible into, or exchangeable for, shares of Common Stock, or
(c) any securities convertible into or exchangeable for shares of Common Stock
(collectively, the "Securities"), in each case now owned or hereafter acquired
directly or indirectly by Junum or with respect to which Junum has or hereafter
acquires the power of disposition (collectively a "Disposition"). The foregoing
restriction is expressly agreed to preclude the Junum from engaging during the
Lock-up Period in any hedging or other transaction which is designed to, or
could reasonably expected to lead to or result in a Disposition of the
Securities, even if such Securities would be disposed of by someone other than
Junum.

         Section 4.4 FINDER'S FEE. In consideration for introducing Purchaser
and Seller and assisting in the closing of the transactions contemplated herein,
Purchaser shall pay to Palisades Holdings, LLC, or its assignees, a fee equal to
a number of shares of Common Stock of Emergent equal to (i) the sum of $500,000,
divided by the lowest closing price of such Common Stock as reported for the ten
trading days immediately preceding the issuance of such shares of Common Stock.
Such shares shall be registered for resale within fifteen calendar days
following the Closing Date. Seller has no obligations regarding this fee payable
to Palisades Holdings, LLC or the obligations of Emergent with respect to
registering the Common Stock constituting such fee.

         Section 4.5 ADDITIONAL MEMBERSHIPS. Purchaser shall have the right, at
any time and from time to time on or prior to December 31, 2003, to purchase
additional Junum Memberships for total consideration of $4.00 per Junum
Membership per month of active service, payable in cash to Junum, plus payment
in full of all service unit fees for disputes and deletions.

                                    ARTICLE V

                  SURVIVAL OF REPRESENTATIONS: INDEMNIFICATION
                  --------------------------------------------

         Section 5.1 SURVIVAL OF REPRESENTATIONS. The representations and
warranties set forth in this Agreement shall survive for two years after the
Closing Date.

         Section 5.2 INDEMNITIES. (a) Seller hereby agrees to indemnify and hold
harmless Purchaser from and against any and all damages, claims, losses or
expenses (including reasonable attorneys' fees and expenses) ("Damages")
actually suffered or paid by Purchaser and/or its Subsidiaries as a result of
the breach of any representation or warranty made by such Seller in this
Agreement. To the extent that Seller's undertakings set forth in this Section
5.2(a) may be unenforceable, Seller shall contribute the maximum amount that
they are permitted to contribute under applicable law to the payment and
satisfaction of all Damages incurred by the parties entitled to indemnification
hereunder.

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         (b) Purchaser hereby agree to indemnify and hold harmless Seller
against Damages actually suffered or paid by Seller as a result of the breach of
any representation or warranty made by the Purchaser in this Agreement. To the
extent that the Purchaser's undertakings set forth in this Section 5.2(b) may be
unenforceable, the Purchaser shall contribute the maximum amount that they are
permitted to contribute under applicable law to the payment and satisfaction of
all Damages incurred by the parties entitled to indemnification hereunder.

         (c) Any party seeking indemnification under this Section 5 (an
"Indemnified Party") shall give each party from whom indemnification is being
sought (each, an "Indemnifying Party") notice of any matter for which such
Indemnified Party is seeking indemnification, stating the amount of the Damages,
if known, and method of computation thereof; and containing a reference to the
provisions of this Agreement in respect of which such right of indemnification
is claimed or arises. The obligations of an Indemnifying Party under this
Section 5 with respect to Damages arising from any claims of any third party
which are subject to the indemnification provided for in this Section 5
(collectively, "Third Party Claims") shall be governed by and contingent upon
the following additional terms and conditions: if an Indemnified Party shall
receive, after the Closing Date, initial notice of any Third Party Claim, the
Indemnified Party shall give the Indemnifying Party notice of such Third Party
Claim within such time frame as is necessary to allow for a timely response and
in any event within 30 days of the receipt by the Indemnified Party of such
notice; PROVIDED, HOWEVER, that the failure to provide such timely notice shall
not release the Indemnifying Party from any of its obligations under this
Section 5 except to the extent the Indemnifying Party is materially prejudiced
by such failure. The Indemnifying Party shall be entitled to assume and control
the defense of such Third Party Claim at its expense and through counsel of its
choice if it gives notice of its intention to do so to the Indemnified Party
within 30 days of the receipt of such notice from the Indemnified Party;
PROVIDED, HOWEVER, that if there exists or is reasonably likely to exist a
conflict of interest that would make it inappropriate in the judgment of the
Indemnified Party (upon advice of counsel) for the same counsel to represent
both the Indemnified Party and the Indemnifying Party, then the Indemnified
Party shall be entitled to retain its own counsel, at the expense of the
Indemnifying Party, provided that the Indemnified Party and such counsel shall
contest such Third Party Claims in good faith. In the event the Indemnifying
Party exercises the right to undertake any such defense against any such Third
Party Claim as provided above, the Indemnified Party shall cooperate with the
Indemnifying Party in such defense and make available to the Indemnifying Party,
at the Indemnifying Party's expense, all witnesses, pertinent records, materials
and information in the Indemnified Party's possession or under the Indemnified
Party's control relating thereto as is reasonably required by the Indemnifying
Party. Similarly, in the event the Indemnified Party is, directly or indirectly,
conducting the defense against any such Third Party Claim, the Indemnifying
Party shall cooperate with the Indemnified Party in such defense and make
available to the Indemnified Party, at the Indemnifying Party's expense, all
such witnesses, records, materials and information in the Indemnifying Party's
possession or under the Indemnifying Party's control relating thereto as is
reasonably required by the Indemnified Party. The Indemnifying Party shall not,
without the written consent of the Indemnified Party, (i) settle or compromise
any Third Party Claim or consent to the entry of any judgment which does not

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include as an unconditional term thereof the delivery by the claimant or
plaintiff to the Indemnified Party of a written release from all liability in
respect of such Third Party Claim or (ii) settle or compromise any Third Party
Claim in any manner that may adversely affect the Indemnified Party. Finally, no
Third Party Claim which is being defended in good faith by the Indemnifying
Party or which is being defended by the Indemnified Party as provided above in
this Section 5.2(c) shall be settled by the Indemnified Party without the
written consent of the Indemnifying Party.

                                   ARTICLE VI

                                  MISCELLANEOUS
                                  -------------

         Section 6.1 EXPENSES. The parties hereto shall pay all of their own
expenses relating to the transactions contemplated by this Agreement, including,
without limitation, the fees and expenses of their respective counsel, financial
advisors and accountants.

         Section 6.2 GOVERNING LAW: CONSENT TO JURISDICTION. (a) The
interpretation and construction of this Agreement, and all matters relating
hereto, shall be governed by the laws of the State of California applicable to
contracts made and to be performed entirely within the State of California. In
the event of litigation, the prevailing party shall be entitled to reasonable
attorneys fees and costs, including prejudgment interest, costs of experts,
costs relating to any appeals or post-trial matters, and costs of enforcement
and collection.

         (b) Each of the parties agrees that any legal action or proceeding with
respect to this Agreement may be brought in the Courts of the State of
California or the United States District Court for the Central District of
California, and, by execution and delivery of this Agreement, each party hereto
hereby irrevocably submits itself in respect of its property, generally and
unconditionally, to the non-exclusive jurisdiction of the aforesaid courts in
any legal action or proceeding arising out of this Agreement. Each of the
parties hereto hereby irrevocably waives any objection which it may now or
hereafter have to the laying of venue of any of the aforesaid actions or
proceedings arising out of or in connection with this Agreement brought in the
courts referred to in the preceding sentence. Each party hereto hereby consents
to process being served in any such action or proceeding by the mailing of a
copy thereof to the address set forth opposite its name below and agrees that
such service upon receipt shall constitute good and sufficient service of
process or notice thereof. Nothing in this paragraph shall affect or eliminate
any right to serve process in any other manner permitted by law.

         Section 6.3 CAPTIONS. The Article and Section captions used herein are
for reference purposes only, and shall not in any way affect the meaning or
interpretation of this Agreement.

         Section 6.4 NOTICES. Any notice or other communications required or
permitted hereunder shall be sufficiently given if delivered in person or sent
by telecopy or by registered or certified mail, postage prepaid, addressed as
follows:

                                       11
<PAGE>

                  if to Junum, to it at:

                  1590 Corporate Drive
                  Costa Mesa, California 92626
                  Attention: President
                  Tel: (714) 979-5063
                  Fax: (714) 979-5067

                  and if to Purchaser, to it at:

                  Emergent Financial Group, Inc.
                  3125 Sterling Circle, Suite 100
                  Boulder, Colorado
                  Attention: President
                  Tel: (303) 544-0044
                  Fax: (303) 544-0111

or such other address or number as shall be furnished in writing by any such
party, and such notice or communication shall be deemed to have been given as of
the date so delivered, sent by telecopy or mailed.

         Section 6.5 PARTIES IN INTEREST. This Agreement may not be transferred,
assigned, pledged or hypothecated by any party hereto, other than by operation
of law. This Agreement shall 1 binding upon and shall inure to the benefit of
the parties hereto and their respective successors and permitted assigns.

         Section 6.6 WAIVER AND COURSE OF DEALING. No course of dealing or any
delay or failure to exercise any right hereunder on the part of any party
thereto shall operate as a waiver of such right or otherwise prejudice the
rights, powers or remedies of such party.

         Section 6.7 COUNTERPARTS. This Agreement may be executed in two or more
counterparts, all of which taken together shall constitute one instrument. This
Agreement may be executed by facsimile, and any facsimile signature shall be
deemed an original.

         Section 6.8 ENTIRE AGREEMENT. This Agreement, including the Exhibits,
Schedules and other documents referred to herein which form a part hereof,
contain the entire understanding of the parties hereto with respect to the
subject matter contained herein and therein.

         Section 6.9 THIRD PARTY BENEFICIARIES. Each party hereto intends that
this Agreement shall not benefit or create any right or cause of action in or on
behalf of any Person other than the parties hereto, other than the finder set
forth in Section 4.4.

                                       12
<PAGE>

         Section 6.10 WAIVER OF JURY TRIAL. THE PARTIES HERETO HEREBY
IRREVOCABLY AND UNCONDITIONALLY WAIVE TRIAL BY JURY IN ANY LEGAL ACTION OR
PROCEEDING RELATING TO THIS AGREEMENT OR FOR ANY COUNTERCLAIM THEREIN.

         IN WITNESS WHEREOF, each of the parties have caused this Agreement to
be executed by their respective officers thereunto duly authorized, all as of
the day and year first above written.

SELLER                                     PURCHASER:

JUNUM INCORPORATED,                        EMERGENT FINANCIAL GROUP, INC.,
a Delaware corporation                     a Delaware corporation

By: /s/ David B. Coulter                   By:
    ---------------------------------          ---------------------------------
    David B. Coulter                           Jason Galanis
    President and CEO                          President

                                       13
<PAGE>

                          CONSENT AND RECORD OF ACTION
                               OF A MEETING OF THE
                              BOARD OF DIRECTORS OF
                               JUNUM INCORPORATED

                                DECEMBER 31, 2001

         PURSUANT TO SECTION 141(F) OF THE GENERAL CORPORATION LAW OF THE STATE
OF DELAWARE WHICH PROVIDES THAT ANY ACTION PERMITTED TO BE TAKEN AT A MEETING OF
THE DIRECTORS OF A CORPORATION MAY BE TAKEN WITHOUT A MEETING IF THE DIRECTORS
SIGN AN INSTRUMENT WHICH STATES THE ACTION WAS SO TAKEN, THE DIRECTORS OF JUNUM
INCORPORATED (THE "CORPORATION") DO HEREBY ADOPT THE FOLLOWING RESOLUTION,
EFFECTIVE THE 31st DAY OF DECEMBER, 2001.

RE:      APPRQVAL OF AGREEMENT WITH EMERGENT FINANCIAL GROUP, INC.

         WHEREAS, THE CORPORATION DESIRES TO SELL CERTAIN OF ITS ASSETS TO
         EMERGENT FINANCIAL GROUP, INC. ("EMERGENT").

         RESOLVED, THAT THE OFFICERS OF THE CORPORATION ARE DULY AUTHORIZED TO
         ENTER INTO AN ASSET AND MEMBERSHIP PURCHASE AGREEMENT EFFECTIVE
         DECEMBER 31, 2001, FOR ITS SALE OF ALL OF THE ISSUED AND OUTSTANDING
         COMMON STOCK OF ITS WHOLLY OWNED SUBSIDIARY, NEXTTECH, INC., A DELAWARE
         CORPORATION, AND ITS SALE OF 1,200,000 MONTHS OF THE CORPORATION'S
         CREDIT MANAGEMENT SERVICES (MEMBERSHIPS) TO EMERGENT, AND ON SUCH TERMS
         AND CONDITIONS AS THE OFFICERS OF THE CORPORATION MAY DETERMINE.

         THE UNDERSIGNED HEREBY CERTIFY THAT THEY ARE ALL OF THE MEMBERS OF THE
BOARD OF DIRECTORS OF JUNUM INCORPORATED, A DELAWARE CORPORATION, ENTITLED TO
VOTE ON THE FOREGOING MATTERS, AND HEREBY CONSENT AND AGREE TO THE FOREGOING
ACTIONS.

DIRECTORS:

/s/ DAVID B. COULTER
--------------------
DAVID B. COULTER
SOLE DIRECTOR<PAGE>
EXHIBIT 10.41

NO SALE OR TRANSFER OF THIS WARRANT OR THE SECURITIES UNDERLYING THIS WARRANT
MAY BE MADE UNTIL THE EFFECTIVENESS OF A REGISTRATION STATEMENT OR OF A
POST-EFFECTIVE AMENDMENT THERETO UNDER THE SECURITIES ACT OF 1933, AS AMENDED
(THE "ACT"), COVERING THIS WARRANT OR THE SECURITIES UNDERLYING THIS WARRANT, OR
UNTIL THE COMPANY IS IN RECEIPT OF AN OPINION OF COUNSEL SATISFACTORY TO THE
COMPANY STATING THAT SUCH SALE OR TRANSFER IS EXEMPT FROM THE REGISTRATION
REQUIREMENTS OF THE ACT.

                                WARRANT AGREEMENT

         Warrant Agreement (the "AGREEMENT") dated March 1, 2002 between Junum
Incorporated, a Delaware corporation (the "COMPANY"), and KNG Consulting, LLC
("Consultant"), and his permitted assigns (the "HOLDERS").

                             BACKGROUND INFORMATION
                             ----------------------

         WHEREAS, the Company agreed to grant warrants (the "Warrants") to the
Consultant under the terms of that certain Consulting Agreement, with an
Effective Date of March 1, 2002, by and between Consultant and the Company (the
"Consulting Agreement"). Under the terms of the Consulting Agreement, the
Warrants shall entitle the Holders to purchase up to 1,800,000 shares of the
Company's common stock, $0.01 par value ("COMMON STOCK") at any time prior to
the fifth anniversary of the issuance of such Warrants, subject to the vesting
schedule set forth herein. Each Warrant entitles the Holder to purchase one duly
authorized, fully paid and nonassessable share of Common Stock upon exercise
thereof.

         WHEREAS, each Holder will be entitled to receive a certificate
representing the Warrant (each a "CERTIFICATE") and shall be dated effective as
of the date of issuance. The shares of Common Stock reserved for issuance under
this Agreement are sometimes hereinafter referred to as the "WARRANT SHARES."
The Warrant Shares shall not be issued under the Company's Consultant
Compensation Plan.

         WHEREAS, the Company desires to fix the form and provisions of each
Certificate that will represent one or more issued Warrants, as well as the
terms of the Warrants themselves with respect to issuance, exercise, and
expiration, and the respective rights, limitations, obligations and duties of
the Company and each Holder which will be established upon any such issuance;
and to make each Warrant when represented by a Certificate that has been duly
executed by the Company (or by any substitute or replacement Certificate issued
under the terms set forth below), the valid, binding and legally enforceable
obligation of the Company.

         Accordingly, the Company and the Holders hereby agree as follows:

                              OPERATIVE PROVISIONS
                              --------------------

1.       ISSUANCE. Pursuant to the Consulting Agreement, which is incorporated
         herein and made a part hereof by this reference, the Company shall
         issue Warrant Certificates to purchase 1,800,000 shares of Common Stock
         on the date hereof.

2.       WARRANT CERTIFICATES. Each Certificate to be delivered pursuant to this
         Agreement shall be in the form set forth in Exhibit A (the "WARRANT
         CERTIFICATE") which is attached hereto and made a part hereof, with
         such appropriate insertions, omissions, substitutions and other
         variations as are required or permitted by this Agreement.

                                       1
<PAGE>

3.       WARRANTS GOVERNED BY AGREEMENT. This Warrant Agreement governs an issue
         of up to an aggregate of 1,800,000 Warrants, each of which will entitle
         its Holder to purchase one Warrant Share on the terms and subject to
         the conditions and possible adjustments set forth herein. The Warrants
         shall vest as to 50,000 shares on the date hereof, and as to the
         remaining 1,750,000 shares, in equal monthly installments of 50,000
         shares on the first day of each calendar month commencing on April 1,
         2002 through and including February 1, 2005, and may be exercised after
         such vesting dates, in whole or in part, from time to time, in
         accordance with the terms of this Agreement and the Warrants.

4.       EXECUTION AND DATE OF WARRANT CERTIFICATES.

(a)                        GENERAL. Each Certificate shall be executed on behalf
                  of the Company by its chief executive officer, its president
                  or any vice president, under its corporate seal which will be
                  reproduced thereon, and attested by its corporate secretary or
                  one of its assistant secretaries.

(b)                        DATE OF CERTIFICATE. Each Certificate shall be dated
                  as of the date of execution by the Company officers described
                  above.

5.       OWNERSHIP. The Company shall acknowledge each registered Holder of a
         Warrant Certificate as the absolute owner thereof (notwithstanding any
         notation of ownership or other writing thereon made by anyone), in
         connection with its sale, transfer or exercise, any distribution to the
         holder thereof and for all other purposes, and, subject to the
         provisions of Section 9 below, the Company shall not be affected by any
         notice to the contrary.

6.       RIGHT TO EXERCISE WARRANTS.

(a)                        EXPIRATION DATE. Each Warrant shall expire at 5:00
                  p.m., Pacific Standard Time, on the earlier of (i) March 1,
                  2007, (ii) the date which is two years from the date of
                  termination without cause of the Consulting Agreement, or
                  (iii) the date which is two months from the date of
                  termination of the Consulting Agreement for Cause (as defined
                  therein) (the "Expiration Date"), and, prior thereto, may be
                  exercised at any time after the date hereof, subject to the
                  vesting schedule set forth above.

(b)                        EXERCISE PRICE AND PAYMENT. Subject to the provisions
                  of this Agreement, the Holder shall have the right to purchase
                  from the Company (and the Company shall issue and sell to such
                  Holder) that number of fully paid and non-assessable Warrant
                  Shares, at the price of $0.17 per share (the "EXERCISE
                  PRICE"), as shall be designated in a completed and executed
                  Election to Purchase form appearing on the reverse side of
                  each Certificate, and upon surrender to the Company of the
                  Certificate evidencing each such Warrant being exercised, and
                  payment of a monetary amount equal to the product of the
                  Exercise Price and the number of Warrant Shares being
                  purchased (the "Exercise Price Multiple"). The Exercise Price
                  Multiple may be paid in cash, check, or by certified or
                  official bank check payable to the order of the Company, or by
                  "cashless" exercise, as set forth below.

(c)                        In the event an "easy exercise" as described in
                  Section 6(d) below is not lawfully available, in lieu of
                  exercising the Warrants or any portion thereof, the Holder or
                  Holders, if applicable, shall have the right to convert the
                  Warrants, or any portion thereof, into Warrant Shares by
                  executing and delivering to the Company, at its principal
                  executive office, a duly executed Election to Purchase Form,
                  specifying the number of Warrants to be exercised and
                  converted, and accompanied by the surrender of the Warrant.
                  The person or persons in whose name or names the certificates
                  for the Warrant Shares shall be issuable upon such conversion
                  shall be deemed the holder or holders of record of such
                  Warrant Shares at that time and date. The number of Warrant
                  Shares to be issued upon such conversion shall be computed
                  using the following formula:

          X = (P)(Y)((A-B)/A)
          X = the number of Warrant Shares to be issued to such Holder for the
              percentage of Warrants being converted
          P = the percentage of the Warrants being converted
          Y = the total number of Warrant Shares then issuable upon exercise of
              the Warrants
          A = the Fair Value (as defined below) of one Warrant Share
          B = the Exercise Price on the date of conversion

                                        2
<PAGE>

(d)                        EASY EXERCISE. In the event the Warrant Shares have
                  been registered on a then effective registration statement, or
                  if the Warrant Shares are otherwise not "restricted
                  securities" under the Securities Act of 1933, as amended, or
                  are otherwise lawfully permitted to be sold in an open market
                  transaction, and if permitted by law and applicable
                  regulations, the Holder may pay the exercise price through a
                  commitment from the Holder and a broker-dealer that is a
                  member of the National Association of Securities Dealers (a
                  "NASD Dealer"), whereby the Holder irrevocably elects to
                  exercise all or a portion of the Warrant and to sell in an
                  orderly manner as soon as possible the Warrant Shares issuable
                  pursuant to such exercise and to pay the Exercise Price
                  Multiple. The Holder and the NASD Dealer shall irrevocably
                  commit upon sale of such Warrant Shares to forward the
                  Exercise Price Multiple directly to the Company. All proceeds
                  of sales of the Warrant Shares shall be assigned to the
                  Company to secure the obligation to pay the Exercise Price
                  Multiple, and all such proceeds shall be remitted directly to
                  the Company until such Exercise Price Multiple has been paid
                  in full.

(e)                        Within three (3) business days following such
                  surrender of a Certificate and payment of the Exercise Price
                  Multiple (except in the case of an "easy exercise" as
                  described in subsection 6(d) above), the Company shall cause
                  to be issued and delivered promptly to the Holder, or, upon
                  the written order of the Holder, in such other name as the
                  Holder may designate, a certificate for the Warrant Shares
                  being purchased, as evidenced by the Election to Purchase.
                  Such Warrant Share certificate shall be deemed to have been
                  issued and any person so designated to be named therein shall
                  be deemed to have become the Holder of such Shares as of the
                  date of the surrender of the applicable Certificate and
                  payment of the Exercise Price Multiple. The Warrants evidenced
                  by a Certificate shall be exercisable, at the election of the
                  Holder, either as an entirety or from time to time for only
                  part of the number of Warrants specified in the Certificate.
                  In the event that less than all of the Warrants evidenced by a
                  Certificate surrendered upon the exercise of Warrants are
                  exercised at any time prior to the date of expiration of the
                  Warrants, a new Certificate shall be issued for the remaining
                  number of Warrants evidenced by the Certificate so
                  surrendered. All Certificates surrendered upon exercise of
                  Warrants shall be canceled by the Company.

(f)                        NO FRACTIONAL SHARES TO BE ISSUED. No fraction of a
                  Share shall be issued upon any exercise of Warrants, but, in
                  lieu thereof, the number of shares issuable upon exercise of
                  the Warrants shall be rounded up to the nearest full share of
                  Common Stock. No fractional Warrants shall be issued.

7.       PAYMENT OF TAXES. The Company will pay all documentary stamp taxes
         attributable to the initial issuance of Shares upon the exercise of
         Warrants; provided that the Company shall not be required to pay any
         such taxes which may be payable in respect of any transfer involved in
         the issue of any Certificates or any certificates for Shares in a name
         other than that of the Holder of a Certificate surrendered upon the
         exercise of a Warrant.

8.       RESERVATION AND ISSUANCE OF SHARES. The Company will at all times
         reserve and keep available, free from preemptive rights, out of the
         aggregate of its authorized but unissued shares of Common Stock or its
         authorized and issued shares of Common Stock held in its treasury, for
         the purpose of enabling it to satisfy any OBLIGATION to issue Warrant
         Shares upon exercise of Warrants, the full number of Warrant Shares
         deliverable upon the exercise of all outstanding Warrants. Before
         taking any action which would cause an adjustment pursuant to Section
         10 reducing the Exercise Price below the then par value (if any) of the
         Warrant Shares issuable upon exercise of the Warrants, the Company will
         take any corporate action which may, in the opinion of its counsel, be
         necessary in order that the Company may validly and legally issue fully
         paid and non-assessable Warrant Shares at the Exercise Price as so
         adjusted. The Company covenants that all Warrant Shares which may be
         issued upon exercise of Warrants will be validly issued, fully paid and
         non-assessable outstanding Warrant Shares of the Company or any
         successor.

9.       MUTILATED OR MISSING WARRANT CERTIFICATES. In case any Certificate
         shall be mutilated, lost, stolen or destroyed, the COMPANY shall issue
         in exchange and substitution for and upon cancellation of the mutilated
         Certificate, or in lieu of and substitution for the Certificate lost,
         stolen or destroyed, a new Certificate, of the same series and
         representing an equivalent right or interest, but only upon receipt of
         evidence satisfactory to the Company of such loss, theft or destruction
         of such Certificate and indemnity, if requested, also satisfactory to
         it. Applicants for such substitute Certificates shall also comply with
         such other reasonable terms and pay such other reasonable charges as
         the Company may prescribe.

                                       3
<PAGE>

10.      ADJUSTMENT OF EXERCISE PRICE AND NUMBER OF SHARES PURCHASABLE. The
         Exercise Price and the number of Warrant Shares purchasable upon the
         exercise of each Warrant are subject to adjustment from time to time as
         set forth in this Section 10.

(a)                        DECREASE OR INCREASE IN EXERCISE PRICE UPON
                  SUBDIVISION OR COMBINATION. If the Company shall at any time
                  subdivide or combine the outstanding shares of its Common
                  Stock, the Exercise Price in effect immediately prior to such
                  subdivision or combination shall be proportionately increased
                  in the case of a combination or decreased in the case of a
                  subdivision, effective at the close of business on the date of
                  such subdivision or combination, as the case may be.

(b)                        ADJUSTMENT IN NUMBER OF SHARES UPON CHANGE OF
                  EXERCISE PRICE. Upon each adjustment of the Exercise Price
                  pursuant to Section 10.a hereof, each Holder shall thereafter
                  (until another such adjustment) be entitled to purchase, at
                  the adjusted Exercise Price, the number of shares of Common
                  Stock, calculated to the nearest full share, obtained by
                  multiplying the number of shares of Common Stock purchasable
                  hereunder immediately prior to such adjustment by the Exercise
                  Price in effect immediately prior to such adjustment and
                  dividing the product so obtained by the adjusted Exercise
                  Price.

(c)                        MERGER. If the Company, at any time while any
                  Warrants remain outstanding and unexpired, consolidates with
                  or merges into or with any other corporation, the Warrants
                  shall thereafter evidence the right of the Holder to purchase
                  the number and kind of securities in respect of the surviving
                  corporation as would have been issuable or distributable to
                  the Holder had he, she or it exercised the unexercised portion
                  of the Warrants immediately prior to such consolidation or
                  merger.

(d)                        DISTRIBUTION OF COMPANY ASSETS. If the Company shall
                  make any distribution of its assets to the holders of its
                  Common Stock as a partial or complete liquidating dividend, a
                  return of capital or otherwise. each Holder shall be entitled,
                  after occurrence of the record date for determining
                  shareholders entitled to such distribution, but before the
                  date of such distribution, to exercise any Warrants then owned
                  and purchase any or all of the shares of Common Stock then
                  subject hereto, and thereupon to receive the amount of such
                  assets (or at the option of the Company a sum equal to the
                  value thereof at the time of such distribution to holders of
                  Common Stock as such value is determined in good faith by the
                  Company's Board of Directors) which would have been payable to
                  such Holder had he, she or it been the holder of record of
                  such shares of Common Stock on the referenced record date.

11.      TRANSFER RESTRICTIONS. The Holder acknowledges that neither this
         Warrant nor the Warrant Shares may be offered or sold except pursuant
         to an effective registration statement under the Securities Act or a
         written opinion of counsel satisfactory to the Company that an
         exemption from registration under the Securities Act is available. Each
         Holder agrees that prior to making any disposition of the Warrant or
         Warrant Shares, unless a registration statement under the Securities
         Act is in effect with regard thereto, the Holder shall give written
         notice to the Company describing briefly the manner in which any such
         proposed disposition is to be made, along with an opinion of counsel
         satisfactory to the Company which provides that no registration
         statement or other notification or post-effective amendment thereto
         (hereinafter collectively a "REGISTRATION STATEMENT") under the
         Securities Act is required with respect to such disposition.

12.      TRANSFER - GENERAL. Subject to the terms hereof, the Warrants shall be
         transferable only on the books of the Company MAINTAINED at its
         principal office upon delivery thereof duly endorsed by the Holder or
         by his duly authorized attorney or representative, or accompanied by
         proper evidence of succession, assignment or authority to transfer. In
         all cases of transfer by an attorney, the original power of attorney,
         duly approved, or a copy thereof, duly certified, shall be deposited
         and remain with the Company. In case of transfer by executors,
         administrators, guardians or other legal representatives, duly
         authenticated evidence of their authority shall be produced. and may be
         required to be deposited and to remain with the Company in its
         discretion. Upon any registration of transfer. the person to whom such
         transfer is made shall receive a new Warrant or Warrants as to the
         portion of the Warrant transferred, and the Holder of such Warrant
         shall be entitled to receive a new Warrant or Warrants from the Company
         as to the portion thereof retained. The Company may require the payment
         of a sum sufficient to cover any tax or governmental charge that may be
         imposed in connection with any such transfer.

                                       4
<PAGE>

13.      PIGGYBACK REGISTRATION RIGHTS.

(a)                        In case the Company shall at any time determine to
                  register any of its securities under the Securities Act, other
                  than by way of Securities and Exchange Commission (the
                  "COMMISSION") Forms S-4 or S-8, or any successor form thereto,
                  or any other appropriate form, or to qualify such securities
                  under the securities laws of any state, at its own initiative,
                  the Company will give prompt notice thereof to the Holder, and
                  if so requested in writing by any person to which such notice
                  shall have been properly provided, the Company will include
                  among the securities which it then endeavors to make the
                  subject of a registration statement to be filed under the
                  Securities Act, or to qualify under such state securities
                  laws, all or any part of such previously issued shares, or of
                  the shares then eligible for issuance upon exercise of the
                  Warrants as shall be specified in such request (the
                  "DESIGNATED SHARES"), and the Company will use its best
                  efforts to cause all such registrations, qualifications or
                  compliances to be effected and to be kept effective for not
                  less than 90 days.

(b)                        Notwithstanding the foregoing, if at any time after
                  the date hereof the Company tiles a registration statement
                  with respect to any of its securities in connection with a
                  bona fide underwritten public offering of the same, then (a)
                  any Designated Shares which shall have been made the subject
                  of a registration statement filed for the purpose of
                  qualifying shares under the Securities Act for future sale or
                  which are, in connection with such a registration. being or to
                  be included pursuant to Section 13, shall, if so requested by
                  the managing underwriter(s) and consented to by each
                  applicable holder of Designated Shares, be offered for sale
                  through the underwriters on the same terms and conditions
                  under which the Company's securities are to be distributed,
                  provided that if  the managing underwriter(s) elect to
                  include less than all Designated Shares to be offered by
                  selling shareholders, those to be included in the underwritten
                  portion of the offering shall be, as to each holder thereof,
                  as nearly equal in number as is practicable; and (b) those
                  Designated Shares which are not being distributed by the
                  underwriters in such public offering shall be withheld from
                  the market by the selling shareholders for a period, not to
                  exceed 180 days, measured from the effective date of the
                  registration statement by which such public offering is being
                  effected, which the managing underwriter(s) determine
                  necessary in order to stabilize the market for the
                  underwritten shares. Notwithstanding the foregoing. in the
                  event in the written opinion of such managing underwriter(s),
                  the Designated Shares may not be included in the registration
                  statement without having a material adverse effect on the
                  Company's offering of it securities, the managing
                  underwriter(s) shall have the right to eliminate or reduce the
                  number of Designated Shares proportionately among the Holders.

(c)                        All expenses incurred in connection with any
                  registration, qualification or compliance effected by the
                  Company pursuant to Section 13, including, without limitation,
                  all registration and filing fees, fees and expenses of
                  complying with federal and state securities laws, printing
                  expenses, fees and disbursements of counsel for the Company.
                  and all expenses of any special audits incidental to or
                  required by such registration (collectively, the "REGISTRATION
                  EXPENSES") shall be borne by the Company, provided that each
                  holder of Designated Shares shall be responsible for that
                  portion of any underwriting commission incurred in connection
                  with the underwritten distribution of the securities made the
                  subject of such registration effort as shall bear the same
                  ratio to such commission as the value of the Designated Shares
                  sold by the holder in the offering bears to the value of all
                  Company securities sold in such offering.

(d)                        INDEMNIFICATION BY THE COMPANY: In ease of each
                  registration, qualification or compliance effected by the
                  Company pursuant to Section 13, the Company will indemnify and
                  hold harmless each holder of Designated Shares from and
                  against all claims, losses, damages and liabilities of such
                  holder arising out of or based on any untrue statement (or
                  alleged untrue statement) of a material fact contained in any
                  prospectus or other document incident to such registration,
                  qualification or compliance or any omission to state therein a
                  material fact required to be stated therein or necessary to
                  make the statements therein not misleading, or necessary to
                  make the statements therein, in light of the circumstances
                  under which they were made, not misleading, or any violation
                  by the Company of any rule or regulation promulgated under the
                  Securities Act or the Exchange Act applicable to the Company
                  and relating to action or inaction required of the Company in
                  connection with any such registration, qualification or
                  compliance; provided that the Company will not be liable to
                  any such person to the extent that any such claim, loss,
                  damage or liability arises out of or is based on any untrue
                  statement or omission based upon written

                                       5
<PAGE>

                  information furnished to the Company by an instrument duly
                  executed by such person and stated to be specifically for use
                  therein.

(e)                        INDEMNIFICATION BY THE HOLDERS. Each Holder hereby
                  agrees, and by requesting registration of Designated Shares,
                  each Holder agrees, that in connection with each registration
                  statement effected pursuant hereto in which Common Stock
                  issued upon exercise of all or any portion of the Warrants
                  (the "Holder Common Stock") is to be disposed of, each of the
                  participating Holders shall, severally but not jointly,
                  indemnify and hold harmless, to the fullest extent permitted
                  by law, the Company, each other selling Holder and their
                  respective directors, officers, agents and employees and each
                  person who controls the Company and each other selling Holder
                  (within the meaning of the Securities Act and the Exchange
                  Act) and the managing underwriter if any, and its directors,
                  officers, agents. and employees and each person who controls
                  such underwriter (within the meaning of the Securities Act and
                  Exchange Act), in each case against any losses, claims,
                  damages, liabilities and expenses resulting from any untrue
                  statement of a material fact or any omission of a material
                  fact required to be stated in such registration statement or
                  prospectus or preliminary prospectus or necessary to make the
                  statements therein not misleading, to the extent that such
                  untrue statement or omission is contained in any information
                  furnished by such folder to the Company expressly for
                  inclusion in such registration statement or prospectus;
                  provided that each Holder will not be liable to the Company to
                  the extent that any such claim, loss, damage or liability
                  arises out of or is based on any untrue statement or omission
                  based upon written information furnished to a Holder by an
                  instrument duly executed by the Company and stated to be
                  specifically for use therein.

(f)                        CONDUCT OF INDEMNIFICATION PROCEEDINGS. Any person
                  entitled to indemnification hereunder shall give prompt notice
                  to the indemnifying party of any claim with respect to which
                  it shall seek indemnification and shall permit such
                  indemnifying party to assume the defense of such claim with
                  counsel reasonably satisfactory to the indemnified party;
                  PROVIDED, however, that any person entitled to indemnification
                  hereunder shall have the right to employ separate counsel and
                  to participate in the defense of such claim, but the fees and
                  expenses of such counsel shall be at the expense of such
                  person unless (i) the indemnifying party shall have agreed to
                  pay such fees or expenses, or (ii) the indemnifying party
                  shall have failed to assume the defense of such claim and to
                  employ counsel reasonably satisfactory to such person or (iii)
                  such assumption would constitute an actual conflict of
                  interest (in which case, if the person notifies the
                  indemnifying party in writing that such person elects to
                  employ separate counsel at the expense of the indemnifying
                  party, the indemnifying party shall not have the right to
                  assume the defense of such claim on behalf of such person). If
                  such defense is not assumed by the indemnifying party, the
                  indemnifying party shall not be subject to any liability for
                  any settlement made without its consent (but such consent
                  shall not be unreasonably withheld). No indemnified party
                  shall be required to consent to entry of any judgment or enter
                  into any settlement that does not include as an unconditional
                  term thereof the giving by the claimant or plaintiff to such
                  indemnified party of a written release in form and substance
                  reasonably satisfactory to such indemnified party from all
                  liability in respect of such claim or litigation. An
                  indemnifying party who is not entitled to, or elects not to,
                  assume the defense of a claim shall not be obligated to pay
                  the fees and expenses of more than one firm of counsel (and,
                  if necessary, local counsel) for all parties indemnified by
                  such indemnifying party with respect to such claim, unless a
                  conflict of interest as to the subject matter exists between
                  such indemnified party and another indemnified party with
                  respect to such claim, in which event the indemnifying party
                  shall be obligated to pay the fees and expenses of additional
                  counsel for such indemnified party.

(g)                        CONTRIBUTION. If for any reason the indemnification
                  provided for herein is unavailable to an indemnified party or
                  is insufficient to hold it harmless as contemplated hereby,
                  then the indemnifying party shall contribute to the amount
                  paid or payable by the indemnified party as a result of such
                  loss, claim, damage or liability in such proportion as is
                  appropriate to reflect not only the relative benefits received
                  by the indemnified party and the indemnifying party, but also
                  the relative fault of the indemnified party and the
                  indemnifying party, as well as any other relevant equitable
                  considerations, provided that in no event shall the liability
                  of any Holder for such contribution and indemnification
                  exceed, in the aggregate, the dollar amount of the proceeds
                  received or to be received by such Holder upon the sale of
                  securities giving rise to such indemnification and
                  contribution obligation.

                                       6
<PAGE>

(h)                        The Company may require each selling Holder to
                  furnish to the Company such information and documents
                  regarding such selling Holder and the distribution of such
                  securities as the Company may from time to time reasonably
                  request in writing in order to comply with the Securities Act.

(i)                        Each of the selling Holders agrees that. upon receipt
                  of any notice from the Company of the happening of any event
                  which would cause any then effective registration statement to
                  be inaccurate, no longer effective, subject to a stop order
                  issued by the Securities and Exchange Commission, or which
                  would otherwise require by law or regulation that such selling
                  Holders to discontinue sales of securities under such
                  registration statement, it will forthwith discontinue
                  disposition pursuant to such registration statement of any
                  shares of Common Stock covered by such registration statement
                  or prospectus until its receipt of the copies of a
                  supplemented or amended prospectus relating to such
                  registration statement or prospectus or until it is advised in
                  writing by the Company that the use of the applicable
                  prospectus may be resumed and, if so directed by the Company,
                  will deliver to the Company all copies, other than permanent
                  file copies then in their possession, of the prospectus
                  covering such securities in effect at the time of receipt of
                  such notice.

(j)                        The obligations of the Company to use its reasonable
                  efforts to cause the Holder Common Stock to be registered
                  under the Securities Act are subject to each of the following
                  limitations, conditions and qualifications:

(i)                                 The Company shall be entitled to abandon,
                           discontinue, withdraw or postpone for any period of
                           time the filing or effectiveness of, or suspend the
                           rights of selling Holders to make sales pursuant to,
                           any registration statement otherwise required to be
                           prepared, filed and made and kept effective by it
                           hereunder if the Board of Directors of the Company
                           reasonably determines in good faith that (i) there is
                           a material undisclosed development in the business or
                           affairs of the Company (including any pending or
                           proposed financing, recapitalization, acquisition or
                           disposition), the disclosure of which at such time
                           would be adverse to the Company's interests or (ii)
                           such filing or effectiveness would be disadvantageous
                           to the Company or its shareholders.

(ii)                                The Company's obligations shall be subject
                           to the obligations of the selling Holders, which each
                           of the Holders hereby acknowledges. to furnish all
                           information and materials and to take any and all
                           actions as may be required under applicable federal
                           and state securities laws and regulations to permit
                           the Company to comply with all applicable
                           requirements of the SEC and state securities
                           regulations and to obtain any acceleration of the
                           effective date of such registration statement or
                           maintain the effectiveness or currency thereof.

(iii)                                If requested by an underwriter in an
                           underwritten offering, each Holder agrees not to
                           effect any public sale or distribution, including any
                           sale pursuant to Rule 144 under the Securities Act,
                           of any Common Stock within 30 days before or 60 days
                           after the effective date of a registration statement
                           filed pursuant to Section 13.

14.      MISCELLANEOUS PROVISIONS.

(a)                        LIMITATION OF RIGHTS CONFERRED. This Warrant
                  Agreement does not confer upon any Holder of a Warrant
                  Certificate any right as a shareholder of the Company, nor
                  shall anything contained herein be deemed to affect the right
                  or power of the Company to make adjustments,
                  reclassifications, reorganizations other changes in and to its
                  capital stock or business organization or to limit its right
                  to merge or consolidate or to sell, transfer or liquidate all
                  or any part of its business or assets.

(b)                        NOTICES: All notices or other communications required
                  or permitted to be given pursuant to this Agreement shall be
                  in writing and shall be considered as properly given or made
                  if hand delivered, mailed from within the United States by
                  certified or registered mail, or sent by prepaid telegram:

                                  if to the Company:

                                       7
<PAGE>

                                  Junum Incorporated
                                  1590 Corporate Drive
                                  Costa Mesa, California 92626
                                  Attention: President
                                  Tel:(714) 979-5063
                                  Fax:(714) 979-5067

                                  if to a Holder, in care of the address set
                                  forth in the Company's records established
                                  at the time of the Holder's receipt of a
                                  Certificate,

                                  or to such other address as any such party may
                                  have designated by like notice forwarded to
                                  the other party hereto. Notwithstanding the
                                  foregoing, notices of change of address shall
                                  he furnished only when received.

(c)                        GOVERNING LAW. This Agreement and the rights and
                  obligations of the parties under this Agreement shall be
                  governed by and construed and interpreted in accordance with
                  the laws of the State of California, without regard to the
                  principles of conflicts of laws thereof. In the event of
                  litigation, the prevailing party shall be entitled to
                  reasonable attorneys fees and costs.

                  WAIVER OF JURY TRIAL. THE COMPANY ANT) THE HOLDERS HEREBY
                  IRREVOCABLY AND UNCONDITIONALLY WAIVE TRIAL BY JURY IN ANY
                  LEGAL ACTION OR PROCEEDING RELATING TO THIS AGREEMENT OR FOR
                  ANY COUNTERCLAIM THEREIN.

(d)                        SUPPLEMENTS AND AMENDMENTS. The Company may from time
                  to time supplement or amend this Agreement in order to cure
                  any ambiguity or to correct or supplement any provision
                  contained herein which may be defective or inconsistent with
                  any other provision herein, or to make any other provisions in
                  regard to matters or questions arising hereunder which the
                  Company may deem necessary or desirable and which shall not be
                  inconsistent with the provisions of the Warrants and which
                  shall not adversely affect the interests of the Holders.

(e)                        SUCCESSORS AND ASSIGNS. This Agreement shall be
                  binding upon and inure to the benefit of the Company and the
                  Holders and their respective successors and assigns.

(f)                        MERGER OR CONSOLIDATION OF THE COMPANY. So long as
                  the Warrant remains outstanding, the Company will not merge or
                  consolidate with or into, or sell, transfer or lease all or
                  substantially all of its property to, any other corporation
                  unless the successor or purchasing corporation, as the case
                  may be (if not the Company), shall expressly assume, by
                  supplemental agreement, the due and punctual performance and
                  observance of each and every covenant and condition of this
                  Agreement to be performed and observed by the Company.

(g)                        BENEFITS OF THIS AGREEMENT. Nothing in this Agreement
                  shall be construed to confer upon any person other than the
                  Company and the Holders any legal or equitable right, remedy
                  or claim under this Agreement and this Agreement shall be for
                  the sole and exclusive benefit of the Company and the Holders.

(h)                        CAPTIONS. The captions of the Sections of this
                  Agreement have been inserted for convenience only and shall
                  have no substantive effect.

(i)                        COUNTERPARTS. This Agreement may be executed in any
                  number of counterparts (including by telecopy) each of which
                  when so executed shall be deemed to be an original; and all of
                  which counterparts together shall constitute one and the same
                  instrument.

(j)                        LIMITATION OF LIABILITY. No provision hereof, in the
                  absence of affirmative action by any Holder to purchase shares
                  of Common Stock, and no enumeration herein of the rights or
                  privileges of any Holder of a Warrant, shall give rise to any
                  liability of such Holder for the purchase price of any Common
                  Stock or as a shareholder of the Company, whether such
                  liability is asserted by the Company or by the creditors of
                  the Company.

(k)                        NO WAIVER; CUMULATIVE REMEDIES. No failure to
                  exercise and no delay in exercising, on the part of any Holder
                  or the Company, any right, remedy, power or privilege
                  hereunder shall

                                       8
<PAGE>

                  operate as a waiver thereof, nor shall any single or partial
                  exercise or any right, remedy, power or privilege hereunder
                  preclude any other or further exercise thereof or the exercise
                  of any other right, remedy, power or privilege. The rights,
                  remedies, powers and privileges herein provided are cumulative
                  and not exclusive of any rights, remedies, powers and
                  privileges provided by law.

(l)                        COMPLIANCE WITH GOVERNMENTAL REGULATIONS. The Holder
                  acknowledges that none of the Warrants or Warrant Shares have
                  been registered under the Securities Act, and therefore may be
                  sold or disposed of only pursuant to an effective registration
                  statement under the Securities Act, or an exemption from such
                  registration, and in accordance with this Agreement. The
                  Warrant Shares will bear a legend to the following effect:

                          "THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN
                          REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION
                          UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR WITH
                          THE SECURITIES COMMISSION OF ANY STATE UNDER ANY
                          APPLICABLE STATE SECURITIES OR BLUE SKY LAWS. THE
                          SECURITIES REPRESENTED HEREBY MAY NOT BE SOLD OR
                          OTHERWISE TRANSFERRED EXCEPT PURSUANT TO AN EFFECTIVE
                          REGISTRATION STATEMENT OR IN A TRANSACTION EXEMPT FROM
                          THE REGISTRATION REQUIREMENTS OF THOSE SECURITIES LAWS
                          AND UPON PROVISION OF AN OPINION OF COUNSEL IN FORM
                          SATISFACTORY TO THE COMPANY."

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

         JUNUM INCORPORATED

         By: /s/ David B. Coulter
            ------------------------------
         David B. Coulter, CEO

         KNG CONSULTING, LLC

         /s/ Katherine Greenberg
         ---------------------------------
         Katherine Greenberg

                                       9
<PAGE>
                                    EXHIBIT A

                           FORM OF WARRANT CERTIFICATE
                           ---------------------------

THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED WITH THE SECURITIES
AND EXCHANGE COMMISSION UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR WITH
THE SECURITIES COMMISSION OF ANY STATE UNDER ANY APPLICABLE STATE SECURITIES OR
BLUE SKY LAWS. THE SECURITIES REPRESENTED HEREBY MAY NOT BE SOLD OR OTHERWISE
TRANSFERRED EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT OR IN A
TRANSACTION EXEMPT FROM THE REGISTRATION REQUIREMENTS OF THOSE SECURITIES LAWS
AND UPON PRO VISION OF AN OPINION OF COUNSEL IN FORM SATISFACTORY TO THE
COMPANY.

                            CERTIFICATE REPRESENTING
                         COMMON STOCK PURCHASE WARRANTS

         For the purchase of Common Stock, Par Value $.01 per share, of

                               JUNUM INCORPORATED

                               1,800,000 WARRANTS

                                   ----------

         THIS CERTIFIES THAT, for value received, KNG Consulting, LLC, the
registered holder of this Common Stock Purchase Warrant (the "Warrant") or
permitted assigns (the "Holder"), is entitled to purchase from Junum
Incorporated, a Delaware corporation (the "Company"), at any time and from time
to time (but subject to the vesting schedule set forth in the Warrant Agreement,
as defined below) until 5:00 p.m. Pacific Time on March 1, 2007, (the
"Expiration Date"), up to 1.800,000 fully paid and nonassessable shares of the
common stock of the Company, $0.01 par value per share (the "Shares") at a price
per share of $0.17 (the "Exercise Price"). The number of shares purchasable upon
exercise of this Warrant and the Purchase Price per share shall be subject to
adjustment from time to time as set forth in the Warrant Agreement referred to
below.

This Warrant is issued under arid in accordance with a Warrant Agreement, dated
as of March 1, 2002, between the Company and KNG Consulting, LLC (the "Warrant
Agreement") and is subject to the terms and provisions contained in the Warrant
Agreement, all of which are incorporated herein by reference. A copy of the
Warrant Agreement may be obtained for inspection by the Holder hereof upon
written request to the Company.

         The Warrants represented by this Certificate may be exercised by the
Holder as to all or any lesser number of Shares upon surrender of this
Certificate, together with a completed and executed Election to Purchase in the
form attaching to this Certificate, on or before the date above designated, at
the principal office of the Company (or at such other address as is designated
in writing by the Company); and upon payment, by cashless exercise, or by cash,
check or cashier's check, payable to the Company, of a sum equal to the product
of the Exercise Price multiplied by the number of Shares being purchased;
provided, that no fractional share shall be issuable upon any such exercise and
the Company shall issue one full share in lieu of any fractional share. If this
Certificate shall be exercised with respect to less than all of the Shares, the
Holder shall be entitled to receive a new Certificate covering the number of
Shares with respect to which this Certificate shall not have been exercised (if
such shares are then purchasable hereunder).

                                       10
<PAGE>

         This Certificate is issued subject to the condition, and the Holder, by
accepting the same, agrees with every subsequent holder and with the Company
that tide hereto and all rights hereunder shall be transferable (subject to the
provisions of the Warrant Agreement) only by delivery of this Certificate to the
Company. together with the assignment form attached hereto completed and duly
executed by the Holder; and that the Company and all persons dealing with this
Certificate may treat the registered owner hereof as its absolute owner for all
purposes, until notified in writing by such owner of a transfer.

                                             JUNUM INCORPORATED

                                             By: ___________________________
                                                 David B. Coulter, CEO

DATED: As of March 1, 2002

                                       11

<PAGE>

                              ELECTION TO PURCHASE

                    (To be executed upon exercise of Warrant)

The undersigned hereby irrevocably elects to exercise the right, represented by
this Warrant Certificate, to purchase __________________ Shares and herewith
tenders in payment for such Shares cash, check or a certified or official bank
check, payable to the order of Junum Incorporated, in the amount of $___________
all in accordance with the terms hereof. The undersigned requests that a
certificate of such Shares be registered in the name of _____________________
whose address is ________________ and that such certificate be delivered to
________________ whose address is ___________________. If the number of Shares
being acquired is less than all purchasable hereunder, the undersigned requests
that a new Certificate representing the remaining balance of the Warrants be
registered in the name of and delivered to ____________________ whose address is
_________________________________________.

Dated: _________________________      Signature: _______________________________
(Insert Social Security or Other      (Signature must conform in all respects to
Identifying Number of Holder)         name of holder as specified on the face of
                                      the Warrant Certificate)

                                        ________________________________________
                                        (Printed Name)

                                   ASSIGNMENT
                      (To be executed if Holder desires to
                        transfer the Warrant Certificate)

For Value Received, the undersigned hereby sells, assigns and transfers to

                  (please print name and address of transferee)

this Warrant Certificate, together with all right, title and interest therein,
and hereby irrevocably constitutes and appoints ______________________________
____________________ as attorney-in-fact to transfer the same on the books of
the Company, with full power of substitution.

Dated: _________________________      Signature: _______________________________
                                      (Signature must conform in all respects to
                                      name of holder as specified on the face of
                                      the Warrant Certificate)

________________________________             ___________________________________
(Insert Social Security or Other             (Printed Name)
 Identifying Number of Holder)

                                       12

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