Document:

EXHIBIT  10.55

                             STOCK PURCHASE WARRANT

THE  SECURITIES OFFERED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT
OF  1933, AS AMENDED (THE "SECURITIES ACT"), OR THE SECURITIES LAWS OF ANY STATE
AND  ARE  BEING OFFERED AND SOLD IN RELIANCE ON EXEMPTIONS FROM THE REGISTRATION
REQUIREMENTS OF THE SECURITIES ACT AND SUCH LAWS.  EXCEPT AS OTHERWISE SET FORTH
HEREIN  OR  IN A SETTLEMENT AGREEMENT DATED AS OF APRIL 28, 2000, THE SECURITIES
REPRESENTED  HEREBY  MAY  NOT BE TRANSFERRED OR RESOLD EXCEPT AS PERMITTED UNDER
THE  SECURITIES  ACT  AND  SUCH  LAWS  PURSUANT  TO REGISTRATION OR AN EXEMPTION
THEREFROM.

     THIS  CERTIFIES THAT, for value received, RGC INTERNATIONAL INVESTORS, LDC,
or  its  registered  assigns, is entitled to purchase from NETTAXI.COM, a Nevada
corporation  (the "Company"), at any time or from time to time during the period
specified  in  Section  2  hereof,  Two Million Two Hundred Thousand (2,200,000)
fully  paid  and  nonassessable  shares of the Company's Common Stock, par value
$0.001  per  share (the "Common Stock"), at an exercise price of $1.50 per share

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(the "Exercise Price").  The term "Shares", as used herein, refers to the shares
of  Common  Stock  purchasable hereunder.  The Shares and the Exercise Price are
subject to adjustment as provided in Section 4 hereof.  The term "Warrant" means
this  Warrant.

     This  Warrant is subject to the following terms, provisions and conditions:

1.     Exercise.
       --------

     (a)     Subject  to the provisions hereof, this Warrant may be exercised by
the  Holder  hereof  in  whole  or  in  part,  by the surrender of this Warrant,
together  with a Notice of Exercise attached hereto as Exhibit A, to the Company
during  normal  business  hours  on  any business day at the Company's principal
executive  offices  (or  such  other  office  or agency of the Company as it may
designate  by notice to the Holder) and upon (i) payment to the Company in cash,
by  certified  or official bank check or by wire transfer for the account of the
Company of the Exercise Price for the Shares specified in the Notice of Exercise
or  (ii)  if  the  resale  of  the  Shares  by the holder is not then registered
pursuant  to  an  effective  registration  statement under the Securities Act of
1933,  as  amended  (the "Securities Act"), delivery to the Company of a written
notice  of  an  election  to effect a "Cashless Exercise" (as defined in Section
9(h)  below)  for the Shares specified in the Notice of Exercise.  The Shares so
purchased  shall be deemed to be issued to the Holder, or the Holder's designee,
as  the  record owner of such shares, as of the close of business on the date on
which  this  Warrant  shall  have been surrendered, the Notice of Exercise shall
have  been  duly  delivered, and payment shall have been made for such Shares as
set  forth  above.

     (b)     Certificates  for  the  Shares  so  purchased,  representing  the
aggregate  number  of  Shares  specified  in  the  Notice  of Exercise, shall be
delivered  to  the Holder within three (3) business days after the date on which
this  Warrant shall have been so exercised.  The certificates so delivered shall
be  in  such  denominations  as  may  be  requested  by  the Holder and shall be
registered  in the name of such Holder or such other name as shall be designated
by  such  Holder.

     (c)     If  this  Warrant  shall  have  been  exercised only in part, then,
unless  this Warrant has expired, the Company shall, at its expense, at the time
of  delivery  of such certificates, deliver to Holder a new Warrant representing
the number of Shares with respect to which this Warrant shall not then have been
exercised.

     (d)     Notwithstanding  anything  in  this  Warrant to the contrary, in no
event  shall  the  holder  of  this  Warrant be entitled to exercise a number of
Warrants  (or portions thereof) in excess of the number of Warrants (or portions
thereof)  upon  exercise  of which the sum of (i) the number of shares of Common
Stock  beneficially owned by the holder and its affiliates (other than shares of
Common Stock which may be deemed beneficially owned through the ownership of the
unexercised  Warrants  and  the  unexercised or unconverted portion of any other
securities  of  the  Company  subject  to a limitation on conversion or exercise
analogous  to  the limitation contained herein) and (ii) the number of shares of
Common  Stock  issuable upon exercise of the Warrants (or portions thereof) with
respect  to which the determination described herein is being made, would result
in  beneficial  ownership  by the holder and its affiliates of more than 4.9% of

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the  outstanding  shares  of  Common  Stock.  For  purposes  of  the immediately
preceding  sentence, beneficial ownership shall be determined in accordance with
Section 13(d) of the Securities Exchange Act of 1934, as amended, and Regulation
13D-G  thereunder,  except  as  otherwise  provided  in  clause  (i)  hereof.
Notwithstanding  anything  to  the  contrary contained herein, the limitation on
exercise of this Warrant set forth herein may not be amended without the written
consent  of  the  holder  hereof  and  the  Company.

2.     Term.  The  Warrants may be exercised at any time or from time to time on
       ----
or  after the date on which this Warrant is issued and delivered pursuant to the
terms  of  the  Settlement  Agreement  (the  "Issue  Date") and before 5:00 p.m.
California  time on the fifth (5th) anniversary of the Issue Date (the "Exercise
Period").

3.     Agreements  of  the  Company.  The Company hereby covenants and agrees as
       ----------------------------
follows:

     (a)     All Shares will, upon issuance in accordance with the terms of this
Warrant,  be  validly  issued,  fully  paid  and nonassessable and free from all
taxes,  liens  and  charges  with  respect  to  the  issue  thereof.

     (b)     During  the  Exercise  Period,  the Company shall at all times have
authorized,  and  reserved  for  the  purpose  of issuance upon exercise of this
Warrant,  a  sufficient number of shares of Common Stock to provide for the full
exercise  of  this  Warrant.

     (c)     The  Company  shall  promptly  secure  the listing of the shares of
Common  Stock  issuable  upon  exercise  of  this  Warrant  upon  each  national
securities  exchange or automated quotation system, if any, upon which shares of
the  Company's  Common  Stock  are  then  listed  (subject to official notice of
issuance upon exercise of this Warrant) and shall maintain, so long as any other
shares  of Common Stock shall be so listed, such listing of all shares of Common
Stock  from  time  to  time  issuable upon the exercise of this Warrant; and the
Company  shall  so  list  on  each  national  securities  exchange  or automated
quotation  system,  as  the case may be, and shall maintain such listing of, any
other  shares of capital stock of the Company issuable upon the exercise of this
Warrant  if  and so long as any shares of the same class shall be listed on such
national  securities  exchange  or  automated  quotation  system.

     (d)     The  Company  will  not, by amendment of its charter or through any
reorganization, transfer of assets, consolidation, merger, dissolution, issue or
sale  of  securities,  or any other voluntary action, avoid or seek to avoid the
observance  or performance of any of the terms to be observed or performed by it
hereunder, but will at all times in good faith assist in the carrying out of all
the  provisions  of  this  Warrant  and  in the taking of all such action as may
reasonably  be  requested  by the holder of this Warrant in order to protect the
exercise  privilege  of  the  holder  of  this Warrant against dilution or other
impairment,  consistent  with  the  tenor  and purpose of this Warrant.  Without
limiting  the generality of the foregoing, the Company (i) will not increase the
par  value  of  any  shares of Common Stock receivable upon the exercise of this
Warrant  above  the  Exercise  Price then in effect, and (ii) will take all such
actions as may be necessary or appropriate in order that the Company may validly
and  legally  issue fully paid and nonassessable shares of Common Stock upon the
exercise  of  this  Warrant.

<PAGE>
     (e)     So  long  as  the holder beneficially owns this Warrant (or portion
thereof),  the  Company  shall  maintain  its  corporate existence and shall not
merge,  consolidate  or  sell  all or substantially all of the Company's assets,
except in the event of a merger or consolidation or sale of all or substantially
all of the Company's assets, where (i) the successor or acquiring entity and, if
an  entity  different  from  the successor or acquiring entity, the entity whose
securities  into  which the Warrant shall become exercisable pursuant to Section
4(b) hereof, in such transaction assumes the Company's obligations hereunder and
(ii) the entity whose securities into which the Warrant shall become exercisable
pursuant  to  Section  4(b) hereof is a publicly traded corporation whose Common
Stock  is  listed  for  trading  on  the NNM, Nasdaq SmallCap, NYSE, AMEX or OTC
Bulletin  Board.

     (f)     This  Warrant  will  be  binding  upon any entity succeeding to the
Company  by merger, consolidation or acquisition of all or substantially all the
Company's  assets.

4.     Adjustments.  The  Warrant  granted  hereunder  and  the  Exercise  Price
       -----------
thereof  shall  be subject to adjustment from time to time upon the happening of
certain  events  as  set  forth  below.

     (a)     Stock Splits and Dividends.  If outstanding shares of the Company's
             --------------------------
Common  Stock  shall  be  subdivided  into  a greater number of shares (by stock
split,  recapitalization,  reorganization,  reclassification  or otherwise) or a
dividend  in Common Stock shall be paid in respect of Common Stock, the Exercise
Price  in  effect immediately prior to such subdivision or at the record date of
such dividend shall simultaneously with the effectiveness of such subdivision or
immediately  after  the record date of such dividend be proportionately reduced.
If outstanding shares of Common Stock shall be combined into a smaller number of
shares,  the  Exercise  Price  in  effect  immediately prior to such combination
shall,  simultaneously  with  the  effectiveness  of  such  combination,  be
proportionately  increased.  When  any  adjustment is required to be made in the
Exercise  Price,  the  number  of  Shares  purchasable  upon the exercise of the
Warrants  shall  be  changed  to the number determined by dividing (i) an amount
equal  to  the  number  of  Shares  issuable  upon  the exercise of the Warrants
immediately prior to such adjustment, multiplied by the Exercise Price in effect
immediately  prior  to  such  adjustment,  by  (ii) the Exercise Price in effect
immediately  after  such  adjustment.

     (b)     Consolidation, Merger or Sale.  In case of any consolidation of the
             -----------------------------
Company with, or merger of the Company into any other corporation, or in case of
any  sale or conveyance of all or substantially all of the assets of the Company
other  than  in  connection  with a plan of complete liquidation of the Company,
then  as  a  condition  of  such  consolidation,  merger  or sale or conveyance,
adequate provision will be made whereby the holder of this Warrant will have the
right to acquire and receive upon exercise of this Warrant in lieu of the shares
of  Common  Stock  immediately  theretofore acquirable upon the exercise of this

<PAGE>
Warrant,  such shares of stock, securities or assets as may be issued or payable
with  respect  to  or  in  exchange  for  the  number  of shares of Common Stock
immediately  theretofore acquirable and receivable upon exercise of this Warrant
had  such  consolidation,  merger or sale or conveyance not taken place.  In any
such  case,  the  Company  will  make  appropriate  provision to insure that the
provisions  of  this Section 4 will thereafter be applicable as nearly as may be
in relation to any shares of stock or securities thereafter deliverable upon the
exercise of this Warrant.  The Company will not effect any consolidation, merger
or sale or conveyance unless prior to the consummation thereof, the successor or
acquiring  entity  (if  other than the Company) and, if an entity different from
the  successor or acquiring entity, the entity whose capital stock or assets the
holders  of  the Common Stock of the Company are entitled to receive as a result
of  such  consolidation,  merger  or  sale  or  conveyance  assumes  by  written
instrument  the  obligations under this Warrant (including under this Section 4)
and  the  obligations  to  deliver  to the holder of this Warrant such shares of
stock, securities or assets as, in accordance with the foregoing provisions, the
holder  may  be  entitled  to  acquire.

     (c)     Adjustment Certificate.  When any adjustment is required to be made
             ----------------------
in  the Shares or the Exercise Price pursuant to this Section, the Company shall
promptly mail to Holder a certificate setting forth (i) a brief statement of the
facts  requiring  such adjustment, (ii) the Exercise Price after such adjustment
and  (iii)  the  kind  and  amount of stock or other securities or property into
which  the  Warrant  shall  be  exercisable  after  such  adjustment.

     (d)     No  Fractional Shares.  No fractional shares of Common Stock are to
             ---------------------
be  issued  upon  the exercise of this Warrant, but the Company shall pay a cash
adjustment  in respect of any fractional share which would otherwise be issuable
in  an  amount equal to the same fraction of the closing price of a share of the
Company's  Common  Stock  on  the  date  of  such  exercise.

     (e)     Other  Notices.  In  case  at  any  time:
             --------------

          (i)     the  Company  shall declare any dividend upon the Common Stock
payable  in  shares  of  stock  of  any  class  or  make  any other distribution
(including  dividends or distributions payable in cash out of retained earnings)
to  the  holders  of  the  Common  Stock;

          (ii)     the  Company  shall  offer  for  subscription pro rata to the
holders of the Common Stock any additional shares of stock of any class or other
rights;

          (iii)     there shall be any capital reorganization of the Company, or
reclassification  of the Common Stock, or consolidation or merger of the Company
with  or  into,  or  sale  of  all  or  substantially all its assets to, another
corporation  or  entity;  or

          (iv)     there  shall  be  a  voluntary  or  involuntary  dissolution,
liquidation  or  winding-up  of  the  Company;

then,  in  each  such case, the Company shall give to the holder of this Warrant
(a) notice of the date on which the books of the Company shall close or a record
shall  be  taken for determining the holders of Common Stock entitled to receive
any  such  dividend, distribution, or subscription rights or for determining the
holders  of Common Stock entitled to vote in respect of any such reorganization,

<PAGE>
reclassification,  consolidation,  merger,  sale,  dissolution,  liquidation  or
winding-up  and  (b)  in  the case of any such reorganization, reclassification,
consolidation,  merger,  sale, dissolution, liquidation or winding-up, notice of
the  date  (or,  if  not  then  known, a reasonable approximation thereof by the
Company)  when  the  same  shall take place.  Such notice shall also specify the
date  on  which  the  holders  of Common Stock shall be entitled to receive such
dividend, distribution, or subscription rights or to exchange their Common Stock
for  stock or other securities or property deliverable upon such reorganization,
reclassification,  consolidation,  merger,  sale,  dissolution,  liquidation, or
winding-up,  as  the  case  may be.  Such notice shall be given at least 10 days
prior  to the record date or the date on which the Company's books are closed in
respect  thereto.  Failure  to  give any such notice or any defect therein shall
not  affect  the  validity  of the proceedings referred to in clauses (i), (ii),
(iii)  and  (iv)  above.

     (f)     Certain  Events.  If  any  event occurs of the type contemplated by
             ---------------
the  adjustment  provisions  of this Section 4 but not expressly provided for by
such  provisions,  the  Company  will  give  notice of such event as provided in
Section  4(c)  hereof,  and  the  Company's  Board  of  Directors  will  make an
appropriate  adjustment in the Exercise Price and the number of shares of Common
Stock  acquirable upon exercise of this Warrant so that the rights of the holder
shall  be  neither  enhanced  nor  diminished  by  such  event.

     (g)     Issue  Tax.  The  issuance  of  certificates  for  Shares  upon the
             ----------
exercise  of  this  Warrant  shall  be made without charge to the holder of this
Warrant  or  such shares for any issuance tax or other costs in respect thereof,
provided  that  the  Company  shall  not be required to pay any tax which may be
payable  in respect of any transfer involved in the issuance and delivery of any
certificate  in  a  name  other  than  the  holder  of  this  Warrant.

5.     Reservation  of  Shares.  The  Company shall at all times keep reserved a
       -----------------------
sufficient  number  of  authorized  shares  of  Common  Stock to provide for the
exercise  of  the  Warrant  in  full.

6.     Transferability.  The  Warrant  issued  hereunder  and any and all Shares
       ---------------
issued  upon  exercise of the Warrants shall be transferable on the books of the
Company by the holder hereof in person or by duly authorized attorney subject to
any  restrictions  imposed  by  applicable federal or state securities laws.  It
shall  be a further condition to any transfer of the Warrant that the transferor
(if any portion of the Warrant is retained) and the transferee shall receive and
accept  a  new Warrant, of like tenor and date, executed by the Company, for the
portion  so  transferred  and for any portion retained, and shall surrender this
Agreement  executed.  Notwithstanding  anything  herein  to  the  contrary,  the
registration  rights  described  in  Section  8  hereof  are  assignable only in
accordance  with  the  provisions of that certain Registration Rights Agreement,
dated  as  of  April  28,  2000,  by  and  among  the  Company  and  Holder (the
"Registration  Rights  Agreement").

7.     Voting.  This  Warrant  shall not entitle the Holder hereof to any voting
       ------
rights  or  other  rights as a shareholder of the Company.  No provision of this
Warrant,  in  the absence of affirmative action by the holder hereof to purchase
Shares, and no mere enumeration herein of the rights or privileges of the holder
hereof,  shall  give rise to any liability of such holder for the Exercise Price
or  as  a  shareholder of the Company, whether such liability is asserted by the
Company  or  by  creditors  of  the  Company.

<PAGE>
8.     Registration  Rights.  The  initial  Holder  of this Warrant (and certain
       --------------------
assignees  thereof)  is  entitled  to the benefit of such registration rights in
respect  of  the  Shares  as are set forth in the Registration Rights Agreement.

9.     Miscellaneous.
       -------------

     (a)     Amendment.  This  Warrant  may  be  amended  by  written  agreement
             ---------
between  the  Company  and  Holder.

     (b)     Notice.  All  notices,  requests, and other communications required
             ------
or  permitted  to  be given or delivered hereunder to the holder of this Warrant
shall  be  in  writing,  and  shall be personally delivered, or shall be sent by
certified  or  registered  mail or by recognized overnight mail courier, postage
prepaid  and  addressed,  to such holder at the address shown for such holder on
the  books of the Company, or at such other address as shall have been furnished
to  the  Company  by  notice from such holder.  All notices, requests, and other
communications  required  or permitted to be given or delivered hereunder to the
Company shall be in writing, and shall be personally delivered, or shall be sent
by certified or registered mail or by recognized overnight mail courier, postage
prepaid  and  addressed,  to  the  office  of  the  Company at 1696 Dell Avenue,
Campbell, California 95008, Attention: Chief Executive Officer, or at such other
address  as  shall  have  been furnished to the holder of this Warrant by notice
from  the Company.  Any such notice, request, or other communication may be sent
by  facsimile,  but  shall  in  such case be subsequently confirmed by a writing
personally  delivered  or  sent by certified or registered mail or by recognized
overnight  mail  courier  as  provided  above.  All notices, requests, and other
communications  shall  be  deemed  to  have been given either at the time of the
receipt  thereof by the person entitled to receive such notice at the address of
such  person  for  purposes  of  this  Section 9, or, if mailed by registered or
certified mail or with a recognized overnight mail courier upon deposit with the
United  States Post Office or such overnight mail courier, if postage is prepaid
and  the  mailing  is  properly  addressed,  as  the  case  may  be.

     (c)     Further  Assurances.  Both  parties agree to execute any additional
             -------------------
documents  and  take  any further actions necessary to carry out the purposes of
this  Warrant.

     (d)     Severability.  If  any  provision  of  this  Warrant is held by any
             ------------
court  of  competent  jurisdiction  to  be  illegal, unenforceable or void, such
provision  will  be  enforced  to  the  greatest  extent  possible and all other
provisions  of  this  Warrant  will  continue  in  full  force  and  effect.

     (e)     Governing  Law.  This  Warrant shall be interpreted and enforced in
             --------------
accordance  with  the laws of the State of Delaware, without regard to conflicts
of  laws  principles  thereof.  The parties irrevocably consent to the exclusive
jurisdiction  of  the  United States District Court for the Northern District of
California  in San Jose, California with respect to any suit or proceeding based
on  or  arising  under  this  Warrant  and  irrevocably agree that all claims in
respect  of  such  suit  or  proceeding  shall  be  determined  in  such  court.

<PAGE>
     (f)     Entire  Agreement;  Successors  and  Assigns.  This  Warrant,  the
             --------------------------------------------
Settlement Agreement and the Registration Rights Agreement constitute the entire
agreement  between Holder and the Company relative to the subject matter hereof.
Any  previous  agreements between the parties with respect to the subject matter
hereof are superseded by this Warrant and such other agreements.  Subject to any
exceptions  specifically  set forth in this Warrant, the terms and conditions of
this  Warrant  shall  inure to the benefit of and be binding upon the respective
executors,  administrators,  heirs,  successors  and  assigns  of  the  parties.

     (g)     Headings.  The  headings  of  the  Sections of this Warrant are for
             --------
convenience  and  shall  not  by themselves determine the interpretation of this
Warrant.

     (h)     Cashless  Exercise.  Notwithstanding  anything  to  the  contrary
             ------------------
contained  in  this  Warrant,  if,  and only if, the resale of the Shares by the
holder  is  not  then registered pursuant to an effective registration statement
under  the  Securities  Act,  this  Warrant may be exercised by presentation and
surrender of this Warrant to the Company at its principal executive offices with
a  written  notice  of  the  holder's  intention  to effect a cashless exercise,
including  a  calculation  of  the number of shares of Common Stock to be issued
upon  such exercise in accordance with the terms hereof (a "Cashless Exercise").
In  the  event  of  a Cashless Exercise, in lieu of paying the Exercise Price in
cash,  the  holder  shall  surrender  this  Warrant for that number of shares of
Common  Stock  determined  by multiplying the number of Shares to which it would
otherwise  be  entitled  by  a  fraction,  the  numerator  of which shall be the
difference  between  the  then current Market Price (as hereinafter defined) per
share  of  the Common Stock and the Exercise Price, and the denominator of which
shall  be  the  then  current  Market  Price  per  share  of  Common  Stock.

     (i)     "Market  Price,"  as  of  any  date,  (i)  means  the last reported
              -------------
sale price for the shares of Common Stock on the Over-the-Counter Bulletin Board
(the "OTC BB") for the  trading day immediately preceding such date, as reported
by  Bloomberg, or (ii) if the OTC BB is not the principal trading market for the
shares  of  Common  Stock, the last reported sale price on the principal trading
market for the Common Stock  on the same date as reported by Bloomberg, or (iii)
if  market  value  cannot  be calculated as of such date on any of the foregoing
bases,  the Market Price shall be the fair market value as reasonably determined
in  good  faith by (a) the Board of Directors of the Companyor (b) at the option
of  a  majority  in  interest  of the holders of the outstanding Warrants, by an
independent  investment  bank of nationally recognized standing in the valuation
of  businesses similar to the business of the Company. The manner of determining
the Market Price of the Common Stock set forth in the foregoing definition shall
apply  with respect to any other security in respect of which a determination as
to  market  value  must  be  made  hereunder.

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

<PAGE>
     IN  WITNESS  WHEREOF,  the Company has caused this Warrant to be signed and
delivered  by  its  duly  authorized  officer as of the Effective Date set forth
above.

                                           NETTAXI.COM

                                           By:_______________________

                                           Its:_______________________

<PAGE>
                           FORM OF NOTICE OF EXERCISE

                                                     Dated:  ________  __,  200_

To:  Nettaxi.com

          The  undersigned,  pursuant  to the provisions set forth in the within
Warrant,  hereby  agrees  to purchase ________ shares of Common Stock covered by
such Warrant, and makes payment herewith in full therefor at the price per share
provided  by such Warrant in cash or by certified or official bank check or wire
transfer  in  the  amount  of,  or,  if  the  resale of such Common Stock by the
undersigned  is  not  currently registered pursuant to an effective registration
statement  under  the  Securities  Act  of  1933,  as  amended,  by surrender of
securities  issued  by the Company (including a portion of the Warrant) having a
market value (in the case of a portion of this Warrant, determined in accordance
with  Section  9(h)  of  the  Warrant)  equal  to  $_________.  Please  issue  a
certificate  or  certificates for such shares of Common Stock in the name of and
pay  any  cash  for  any  fractional  share  to:

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

                                            Signature:
                                                      --------------------------

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

                                            Note:     The above signature should
                                            correspond exactly  with the name on
                                            the  face of the within Warrant.

and,  if  said  number  of  shares  of  Common Stock shall not be all the shares
purchasable  under the within Warrant, a new Warrant is to be issued in the name
of  said  undersigned  covering the balance of the shares purchasable thereunder
less  any  fraction  of  a  share  paid  in  cash.EXHIBIT  10.56

                              SETTLEMENT AGREEMENT
                         AND  MUTUAL  GENERAL  RELEASE
                         -----------------------------

     This  Settlement  Agreement  and  General Release ("Agree-ment") is entered
into  effective this 28th day of April, 2000, by and among Nettaxi.com, a Nevada
corporation  ("Nettaxi")  and  RGC International Investors LDC, a Cayman Islands
corporation  ("RGC"),  Rose  Glen  Capital  Management, L.P., a Delaware limited
partnership  ("RGCM"),  RGC  General Partner Corporation, a Delaware corporation
("RGCGPC"),  Steve  Katznelson, an individual ("Katznelson"), Gerald Stahlecker,
an  individual  ("Stahlecker"), and Chris Hinkel, an individual ("Hinkel") (RGC,
RGCM  and  RCGGPC  shall  be  collectively  referred  to herein as "Rose Glen").

<PAGE>
                                 R E C I T A L S
                                 ---------------

     A.     On  March  31, 1999, Nettaxi and Rose Glen entered into that certain
Securities  Purchase  Agreement  (the  "Securities  Purchase Agreement") whereby
Nettaxi  agreed  to sell to Rose Glen, and Rose Glen agreed, among other things,
to  purchase from Nettaxi, those certain Convertible Debentures in the aggregate
principal  amount  of  $5,000,000  (the "Debenture"), convertible into shares of
Nettaxi  common  stock.  In  accordance  with the Securities Purchase Agreement,
Nettaxi  also issued to Rose Glen warrants to purchase 150,000 shares of Nettaxi
common  stock  (the "First Warrants") at an exercise price of $12.375 per share,
and  Nettaxi  and  Rose  Glen  entered  into  that  certain  Registration Rights
Agreement  dated  as  of  March  31, 1999 (the "Registration Rights Agreement").

     B.     In  August 1999, Nettaxi and Rose Glen agreed to change the exercise
price  of  the First Warrants to $7.857 per share.  Rose Glen then exercised the
First  Warrants in full, and Nettaxi granted to Rose Glen additional warrants to
purchase  150,000  shares  of Nettaxi common stock (the "Second Warrants") at an
exercise  price  of  $7.857  per  share.

     C.     Commencing  in  November  1999,  Rose  Glen  began  to  convert  the
Debentures  and  to  exercise  the  investment  options  granted  by  Nettaxi in
accordance  with  the  Debentures  (the  "Options").  As  of  March  31,  2000,
$2,600,000  of  the  then  outstanding  principal amount of the Debentures, plus
accrued  interest  thereon,  had  been  converted into an aggregate of 1,434,155
shares  of Nettaxi common stock, and Rose Glen had exercised Options to purchase
an  additional 1,434,155 shares.  As of March 15, 2000, the $2,400,000 remaining
principal  amount  of  the Debentures, plus accrued interest thereon, could have
been  converted  into  Nettaxi common stock at a conversion price of $1.1416 per
share.

     D.      In  March  2000,  disputes  arose  between  Nettaxi  and  Rose Glen
regarding  the  parties'  respective rights and obligations under the Securities
Purchase  Agreement,  the  Debenture  and  the  Registration  Rights  Agreement.

<PAGE>
     E.     On  March  31, 2000, Nettaxi filed a Complaint in the Superior Court
of  the  State of California for the County of Santa Clara (Case No.  CV 788836)
(the  "California Action") against Rose Glen, Katznelson, Stahlecker and Hinkel,
seeking declaratory relief regarding Nettaxi's ability to prepay the outstanding
balance  of  the  Debenture.  Prior  to  filing  the Complaint in the California
Action,  Nettaxi.com  made  written tender to Rose Glen the sum of $2,558,800 as
payment  in full of the outstanding principal, interest and other sums allegedly
due under the Debenture.  The Complaint also sought damages for fraud and breach
of  fiduciary  duty  and  rescission  of  the  Securities Purchase Agreement and
Debenture  and  restitution,  and requested injunctive and declaratory relief as
well  as  an award of attorneys fees and costs.  On or about April 14, 2000, the
California  Action  was  removed  to  the  United  States District Court for the
Northern  District  of  California  (Case  No.  C  00-20404-JF  PVT  ARB).

     F.     On  April 14, 2000, Rose Glen filed a Complaint in the United States
District  Court  for  the District of Delaware (Case No.  00-405) (the "Delaware
Action")  against Nettaxi, seeking a declaration of its right to enforce certain
penalty  provisions  under  the  Debenture,  damages  for breach of contract and
breach  of  the  duty  of good faith and fair dealing, and damages for fraud and
libel.  The  Complaint also sought rescission of a Nettaxi private placement and
certain  injunctive  relief,  as  well  as  attorneys'  fees  and  costs.

     G.     On  April  18, 2000, Nettaxi moved for a temporary restraining order
in  the  California Action.  On April 24, 2000, Nettaxi moved to dismiss or stay
the  Delaware  Action  so  that the parties could litigate their disputes in the
California  Action.  On  April  26,  2000, Nettaxi's application for a temporary
restraining  order  was  denied.

     H.     The  parties  now desire to settle forever all disputes between them
existing  prior  to  the date hereof or arising out of the California Action and
the  Delaware  Action,  the Securities Purchase Agreement, the Debenture and the
Registration  Rights  Agreement,  including  any  potential  claims against each
other,  known  or  unknown,  that  might  be  or might have been brought, and to
replace  all  of Rose Glen's rights under the Securities Purchase Agreement, the
Debenture and the Registration Rights Agreement with the securities issued under
and  subject  to  the  terms  of  this  Agreement.

     NOW  THEREFORE,  in  consideration of the foregoing and the mutual promises
hereinafter  made,  the  parties  agree  as  follows:

<PAGE>
1.     Issuance  of  Settlement  Shares and Warrants; Cancellation of Debenture.
       ------------------------------------------------------------------------
Nettaxi  shall  deliver  to  Rose  Glen,  within  three  (3)  business days (the
"Delivery  Date")  after the later of (i) the ninetieth (90th) day following the
date  hereof  or (ii) the effective date of a new Registration Statement on Form
S-1  (the  "New  Registration  Statement") registering for resale the Shares and
the  Warrant  Shares  (as  defined herein) under the Securities Act of 1933 (the
"Securities Act"), each of the following: (a) an unlegended stock certificate or
certificates evidencing an aggregate of 1,750,000 shares of Nettaxi common stock
(the  "Shares"); and (b) warrants, in the form attached hereto as Exhibit A,  to
purchase  an  aggregate  of  2,200,000  shares  of Nettaxi common stock, with an
exercise  price  of  $1.50  per  share  (the  "New  Warrants").  The  releases
contemplated  by  this Agreement shall become effective only upon the receipt by
Rose  Glen  of  the Shares and the New Warrants pursuant to this Section 1.  The
shares  of  Nettaxi  common  stock  underlying  the  New Warrants and the Second
Warrants  shall be defined herein as the "Warrant Shares".  The term "Settlement
Shares"  shall  refer  to  the  Shares and the Warrant Shares underlying the New
Warrants.  Upon the happening of the delivery of the Shares and the New Warrants
to  Rose  Glen  and  the  registration  for resale of the Shares and the Warrant
Shares  so  that they are freely tradable under the Securities Act ("Delivery of
Settlement  Shares"),  the  Debenture, the Securities Purchase Agreement and the
Registration  Rights  Agreement  shall  thereupon be cancelled and of no further
force or effect.  Simultaneous with the execution of this Agreement, the parties
shall  execute  a new registration rights agreement, in the form attached hereto
as  Exhibit B, with respect to the parties' rights and obligations under the New
Registration  Statement (the "Second Registration Rights Agreement").  Beginning
on  the  date this Agreement is executed and prior to the Delivery of Settlement
Shares  (the  "Conversion  Period"),  the Debenture shall be convertible by Rose
Glen  at  a  fixed  conversion price of $1.42 per share.  Any shares issued upon
conversion  of  the  Debenture  during  the Conversion Period shall reduce, on a
one-for-one  basis,  the  number of Shares to be issued to Rose Glen pursuant to
this Section 1, and shall be deemed to be Settlement Shares for purposes hereof.

     2.     The Second Warrants.  The Second Warrants shall remain unmodified by
            -------------------
this  Agreement,  and  shall  continue  in full force and effect pursuant to the
terms  and  conditions thereof.  The shares underlying the Second Warrants shall
be  included  in  the  New  Registration  Statement.

     3.     Corporate Existence.  So long as Rose  Glen  beneficially  owns  any
Warrants,  Nettaxi  shall  maintain its corporate existence and shall not merge,
consolidate  or sell all or substantially all of its assets, except in the event
of  a merger or consolidation or sale of all or substantially all of its assets,
where (i) the successor or acquiring entity and, if an entity different from the
successor  or  acquiring  entity,  the  entity  whose  securities into which the
Warrants  shall become exercisable pursuant to the Warrants, in such transaction
assumes Nettaxi's obligations hereunder and under the agreements and instruments
entered into in connection herewith (including the Warrants) and (ii) the entity
whose  securities  into which the Warrants shall become exercisable, pursuant to
the  terms  of the Warrants, is a publicly traded corporation whose Common Stock
is  listed  for  trading  on  the  NNM,  Nasdaq  SmallCap, NSYE, AMEX or the OTC
Bulletin  Board.

<PAGE>
     4.     Transfer  Agent  Instructions.  Nettaxi  shall  issue  irrevocable
instructions  to its transfer agent to issue unlegended certificates, registered
in  the  name of Rose Glen or its nominee, for the Warrant Shares in such amount
as  may  be specified from time to time by Rose Glen to Nettaxi upon exercise of
the  New  Warrants  and the Second Warrants in accordance with the terms thereof
(the  "Irrevocable  Transfer  Agent  Restrictions"),  so long as (a) the Warrant
Shares  are  registered for sale under an effective registration statement filed
under  the  Securities  Act  or otherwise may be sold under Rule 144 promulgated
under  the  Securities Act ("Rule 144") without any restriction as to the number
of  securities  as  of  a particular date that can then be immediately sold, (b)
Rose Glen has provided Nettaxi with an opinion of counsel in form, substance and
scope  customary  for  opinions  of  counsel  in comparable transactions, to the
effect that a public sale or transfer of such Warrant Shares may be made without
registration  under the Securities Act and such sale or transfer is effected, or
(c) Rose Glen has provided Nettaxi with an opinion of counsel in form, substance
and  scope  customary for opinions of counsel in comparable transactions, to the
effect  that  such  Warrant  Shares can be sold pursuant to Rule 144.  Rose Glen
agrees  to  sell all Warrant Shares and Shares, including those represented by a
certificate  from  which  the  legend  has  been  removed,  in  compliance  with
applicable  prospectus  delivery requirements, if any.  Nettaxi warrants that no
instruction  other  than the Irrevocable Transfer Agent Instructions referred to
in  this  Section  4 will be given by Nettaxi to its transfer agent and that the
Warrant  Shares  shall otherwise be freely transferable on the books and records
of  Nettaxi as and to the extent provided in this Agreement and the Registration
Rights  Agreement.  Nothing  in this Section shall affect in any way Rose Glen's
obligations  set  forth  in the Registration Rights Agreement to comply with all
applicable  prospectus  delivery requirements, if any, upon resale of the Shares
and  the  Warrant  Shares.

     5.     Ownership  Interest  of  Rose  Glen  in Nettaxi.  In addition to the
            -----------------------------------------------
shares  of  Nettaxi  common  stock  currently  held  by Rose Glen, following the
Delivery  of  Settlement  Shares  pursuant  to Section 1 hereof, the Shares, the
Second  Warrants  and  the  New  Warrants  shall constitute the only interest or
ownership  rights  or  claims,  whether  equitable  or  legal,  Rose Glen or its
affiliates shall have in Nettaxi of any kind (other than any shares which may be
issued  to  Rose  Glen upon conversion of the Debenture prior to the Delivery of
Settlement  Shares).

     6.     Trading  Restrictions.  Rose  Glen  hereby  agrees  to the following
            ---------------------
restrictions  on  its  ability  to  transfer  or sell the Settlement Shares (the
"Trading  Restrictions"):

          (a)      Prior  to  May 28, 2000, Rose Glen will sell no more than 20%
of  the Settlement Shares (790,000 shares of Nettaxi common stock) (the "Monthly
Limitation"),  and  will  sell no more than 5% of the Settlement Shares (197,500
shares  of  Nettaxi  common  stock)  in any single day (the "Daily Limitation").

          (b)     On  May 28, 2000 and on the 28th day of each month thereafter,
the  Monthly Limitation will be increased (or decreased) for the next 30 days by
1%  for every 50 cent increase (or decrease) in the average closing bid price of
Nettaxi's  common  stock  (for  the  five  trading days preceding the respective
30-day anniversary) above the closing bid price of Nettaxi common stock on April
20,  2000.  In  no  event,  however, shall the Monthly Limitation decrease to an
amount  which  is less than 20% of the  Settlement Shares originally issued, nor
shall  the  Monthly Limitation in any event increase above 30% of the Settlement
Shares  originally  issued.

<PAGE>
          (c)     Trades  of  10,000  shares  or  more  of  Nettaxi common stock
("Block Trades") between Rose Glen and parties unaffiliated with Rose Glen shall
not  be  counted against the Monthly Limitation.  Rose Glen shall inform Nettaxi
in  writing  of the amount and price of such trades  (if any) on a weekly basis.
Parties  affiliated  with  Rose Glen shall mean any persons or entities owned or
controlled  by  Rose  Glen,  or  any parents or subsidiaries or managing agents.

          (d)     All  of  the  Trading  Restrictions  shall  terminate upon the
earlier of either: (i) the effective date of that certain registration statement
to  be  filed  under the Securities Act by Nettaxi for the resale of the Nettaxi
common  stock  issued to HBK Investors; or (ii) any sale of Nettaxi common stock
by an officer or director where the amount sold for any such officer or director
is  in excess of 50,000 shares.   For purposes of clause (ii) of this subsection
(d), the sale by any party of Nettaxi common stock which was deemed to have been
beneficially  owned  by  any  such  officer  or  director  as  of April 28, 2000
pursuant  to  the  provisions of Section 13(d) of the Securities Exchange Act of
1934,  as  amended,  shall  be  deemed to be a sale by such officer or director.

          (e)     Notwithstanding  any  other  restriction,  Rose Glen shall not
create  a  new  daily  low  in  the  price  of  Nettaxi  common  stock.

     7.     Issuance  of  Press  Release.  Nettaxi  will  issue a press release,
            ----------------------------
through  its  customary  national  wire  service, in the form attached hereto as
Exhibit  C  (the  "Press Release") within one (1) day after the date hereof, and
will  file the same with the Securities and Exchange Commission as an attachment
to a Form 8-K within one business day thereafter.  The Registration Statement on
Form  S-1  (File  No.  333-78129)  shall  be  amended or supplemented within ten
business  days  from  the  date  hereof to state in substance the content of the
Press  Release  and  shall not include any previously made or new allegations of
misconduct by Rose Glen.  Other than the Press Release, or to the extent Nettaxi
is  required  by  law,  in  its  counsel's opinion, to disclose any part of this
Agreement,  no  party to this Agreement shall comment publicly upon the terms of
this  Agreement.

     8.     Release  of  Escrowed  Funds.  Effective  upon  the  Delivery  of
            ----------------------------
Settlement  Shares,  Rose  Glen  waives any and all rights or benefits in and to
those  certain  funds, in the approximate amount of $2,600,000, tendered to Rose
Glen  by  Nettaxi  on March 31, 2000, and releases Silicon Valley Law Group from
any  and  all  escrow  instructions  of  obligations  pertaining  to said funds.

     9.     Dismissal.  Upon  the  Delivery  of  Settlement  Shares, the parties
            ---------
shall  each  execute  stipulations  dismissing  with  prejudice their respective
claims  in  the  California  Action  and  the  Delaware  Action.

10.     Non-Disparagement.  No  party  to  this  Agreement  shall  make  any
        -----------------
statements, opinions, assertions or allegations concerning the other party which
are negative, disparaging, defamatory or untrue.  Should Nettaxi or its officers
or  directors  breach any of the provisions of this Section 10, then all Trading
Restrictions  set  forth  in Section 6 hereof shall terminate and the release of
Nettaxi  from  any  defamation claims given by Rose Glen, Katznelson, Stahlecker
and  Hinkel,  under  this  Agreement  shall  terminate.

<PAGE>
     11.     Fees  and Costs.  As part of and in consideration for the execution
             ---------------
of  this  Agreement,  the parties hereto each agree to waive any claims they may
against  the  other  party  for  any  and  all  costs, expenses or attorney fees
incurred  which  are  related to the California Action, the Delaware Action, the
Securities  Purchase  Agreement,  the  Debenture  or  the  Registration  Rights
Agreement.  Within  10  days after the effective date of this Agreement, Nettaxi
shall  reimburse  Rose  Glen  for  its  reasonable  attorneys'  fees incurred in
connection  with  the  California  Action  and/or  the  Delaware Action, up to a
maximum  of  $100,000.

     12.     Confidentiality.  The  Parties  acknowledge  that  they  have  not
             ---------------
disclosed any of the terms of this Agreement, including the negotiations leading
up  to  the  settlement,  to  anyone other than the persons mentioned below, and
agree  not  to disclose the terms of this Agreement or the fact of the Agreement
to  anyone  else,  including  without  limitation,  any  person,  organization,
corporation  or  other  business entity, other than: (a) the parties' attorneys;
(b)  the  parties' CPAs for accounting or tax reporting; (c) officers, directors
or  employees of either party who have a need to know, and who shall be bound by
the  execution  of  this  Agreement  by Nettaxi or Rose Glen, as applicable; (d)
governmental agencies as required by law; (e) any person to whom such disclosure
is  required  pursuant  to  court  order or process, provided that ten (10) days
advance  written  notice  is  given  to the other parties; and (f) any person or
entity  in  the  context of the sale, transfer, or other acquisition of Nettaxi,
provided  such  person or entity agrees to be bound by the confidentiality terms
in this  Section 12 of this Agreement.  Nothing herein shall prevent the parties
hereto  from  disclosing  the  fact  that the dispute among the parties has been
resolved  without  disclosing  any  of  the  terms  of  the  settlement  or  the
negotiations leading up to the settlement or this Agreement.  The parties hereto
each  acknowledge  and  agree  that  the  confidentiality  of  the  terms of the
settlement  and  of  this  Agreement  is a material inducement to the parties in
entering into this Agreement.  Notwithstanding any of the foregoing, the parties
agree  that  furnishing  an  unmodified copy of the Press Release to any person,
organization, corporation or other business entity shall not constitute a breach
of  this  Section  12.

     13.     Rose Glen, Katznelson, Stahleker and Hinkel Release. Except for the
             ---------------------------------------------------
obligations of Nettaxi set forth in this Agreement, the Second Warrants, the New
Warrants  and  the New Registration Rights Agreement, effective upon Delivery of
Settlement  Shares,  Rose  Glen, Katznelson, Stahlecker and Hinkel, on behalf of
each  of  them and their respective officers, directors, shareholders, partners,
parents,  subsidiaries,  agents,  attorneys,  representatives,  predecessors,
insurers,  successors  and  assigns, and all persons acting by, through or under
them,  hereby  release  Nettaxi -and each of its officers, directors, employees,
representatives,  attorneys, parents, subsidiaries, shareholders and agents, and
purchasers  of  its  shares  or  assets, past, present and future (collectively,
"Releasees"),  uncondition-ally  and  forever,  of  and from any and all claims,
debts,  costs,  expenses,  damages,  injuries,  liabilities,  fines,  penalties,
demands  and  causes  of  action of every kind, nature and description, known or
unknown,  suspected or unsuspected, fixed or contingent, including any claim for
attorneys'  fees,  which  they  now  have, own or hold, or claim to have, own or
hold,  or  at  any time prior to the effective date of this Agreement might have
claimed  or owned or held, arising out of the Debenture, the Securities Purchase
Agreement, the Registration Rights Agreement, the First Warrants, the California
Action, the Delaware Action, and the relationship between Nettaxi and Rose Glen,
including,  without  limitation,  any  and  all  claims  whether  based on tort,
contract,  or  any  Federal,  State  or  local  law,  statute  or  regulation.

<PAGE>
     14.     Nettaxi  Release.  Except  for  the  obligations  of  Rose  Glen,
             ----------------
Katznelson,  Stahlecker  and  Hinkel  set  forth  in  this Agreement, the Second
Warrants,  the New Warrants and the New Registration Rights Agreement, effective
upon  the  Delivery  of  Settlement Shares, Nettaxi, on behalf of itself and its
officer,  directors,  shareholders,  partners,  parents,  subsidiaries,  agents,
attorneys,  representatives, predecessors, insurers, successors and assigns, and
all  persons  acting  by,  through  or  under  them,  hereby  release Rose Glen,
Katznelson,  Stahlecker,  Hinkel  -and  each  of  their  respective  officers,
directors,  employees,  representatives,  attorneys,  parents,  subsidiaries,
shareholders  and  agents,  and purchasers of their respective shares or assets,
past,  present  and future (collectively, "Nettaxi Releasees"), uncondition-ally
and  forever,  of  and from any and all claims, debts, costs, expenses, damages,
injuries,  liabilities,  fines, penalties, demands and causes of action of every
kind,  nature and description, known or unknown, suspected or unsuspected, fixed
or contingent, including any claim for attorneys' fees, which they now have, own
or  hold,  or  claim to have, own or hold, or at any time prior to the effective
date  of  this Agreement might have claimed or owned or held, arising out of the
Debenture, the Securities Purchase Agreement, the Registration Rights Agreement,
the  First  Warrants,  the  California  Action,  the  Delaware  Action,  and the
relationship  between Nettaxi and Rose Glen,  including, without limitation, any
and  all  claims whether based on tort, contract, or any Federal, State or local
law,  statute  or  regulation.

     15.     No Admission of Liability.  The parties each deny liability for any
             -------------------------
and  all  of  the others' claims and potential claims asserted in the California
Action  and  the  Delaware  Action.  It  is understood and agreed that this is a
compromise  settlement of disputed claims and disputed potential claims and that
neither  this  Agreement itself nor the furnishing of the consideration for this
Agreement  shall  be  deemed  or  construed  at  any  time for any purpose as an
admission  of  anyone's  liability  or  responsibility for any wrongdoing of any
kind.

     16.     Unknown  Claims  Included.  Each  of  the  parties  expressly
             -------------------------
acknowledges  and  agrees that this release is intended to extinguish all claims
of  every type, which exist on or prior to the date of this Agreement, including
those  known  and unknown and those suspected and unsuspected, without regard to
whether  they  are  now  known or suspected, even if those claims may materially
affect  the  undersigned's  decision to enter into this release.  This is a full
and  final  release,  and the undersigned expressly waives any right under Civil
Code  1542,  which  provides:

A  GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR
     SUSPECT TO EXIST  IN  HIS FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH
     IF KNOWN  BY  HIM  MUST  HAVE  MATERIALLY  AFFECTED HIS SETTLEMENT WITH THE
     DEBTOR.
     Although it is possible that the undersigned may discover new or additional
damages  or  injuries  or facts or evidence, this release is intended to include
all  claims  Nettaxi, on the one hand, and Rose Glen, Katznelson, Stahlecker and
Hinkel,  on  the  other,  may  have against each other or their successors or to
their  assets,  or against the Releasees or Nettaxi Releasees, which exist on or
prior to the date of this Agreement; provided, however, that notwithstanding the
language  set  forth  above,  certain  of  the  releases  granted  by Rose Glen,
Katznelson, Stahlecker and Hinkel are conditional upon Nettaxi's compliance with
Section  10  above.

<PAGE>
     17.     Authority  and  Non-Assignment.  Each  party  hereto represents and
             ------------------------------
warrants  that  he,  she  or  it has full power and authority to enter into this
Agreement,  and  that the individuals executing this Agreement for and on behalf
of  the  undersigned  are  fully  empowered  to  bind  the  party  and are fully
authorized  to  enter  into  this Agreement.  Each party represents and warrants
that he, she or it has not assigned, encumbered or in any way transferred all or
any  portion  of  any  claim,  cause  of action or other matter released by them
herein.  Each  party  hereto  acknowledges  and  agrees  that the warranties and
representations  made  by  each  party  in  this paragraph are each an essential
element  of  this  Agreement, without which the consideration given herein would
not  have  been  given  by  any  of  them.

     18.     Advice  of  Counsel.  Each party hereto acknowledges and represents
             -------------------
that,  in  effecting and executing this Agreement, they have received from legal
counsel  full  legal  advice  as  to their legal rights and that the individuals
executing  this  Agreement  on  their behalf have read all of this Agreement and
fully  understand  its contents and legal affect.  The parties further represent
that  they  freely and voluntarily executed this Agreement after consulting with
counsel.

     19.     Representations.  Each party hereto acknowledges and agrees that no
             ---------------
representation,  statement  or  promise  not expressly set forth herein has been
made  by  or  on behalf of any of the other parties hereto, by any other agents,
servants, employees, representatives, or attorneys, and that no representations,
statements or promises that are not expressly set forth herein have been made or
relied  on  by  any  parties  hereto.  This  Agreement  constitutes  the  entire
agreement  between  the  parties  with respect to the subject matter hereof and,
except  as  otherwise  expressly  provided  herein,  all other prior agreements,
arrangements  or understandings, oral or written, are merged into and superseded
by  this  Agreement.

     20.     Applicable  Law.  This  Agreement  shall be construed, interpreted,
             ---------------
applied  and  enforced  under and pursuant to the laws of the State of  Delaware
without  regard  to  conflicts  of  laws  principles.   The  parties irrevocably
consent  to  the  exclusive jurisdiction of the United States District Court for
the  Northern  District  of California, in San Jose, California, with respect to
any  suit,  action  or  proceeding  based on or arising under this Agreement and
irrevocably  agree that all claims in respect of such suit, action or proceeding
shall  be  determined  in  such  Court.

     21.     Mutual  Agreement.  The  parties,  and  each of them, have mutually
             -----------------
negotiated  and  agreed  to the terms, conditions and language contained in this
Agreement.  Therefore, this Agreement shall not be interpreted against any party
or  against  the  drafter.

     22.     Binding  On  Heirs.  The  parties, and each of them, understand and
             ------------------
expressly agree that this Agreement shall bind and inure to the benefit of their
spouses,  children,  heirs,  employees,  successors,  predecessors,  agents,
attorneys,  representatives  and  assigns,  if  any.

     23.     Covenant  Not  To  Sue.  At  no time subsequent to the execution of
             ----------------------
this  Agreement  will  any  party herein file or maintain, or cause or knowingly
permit  the  filing  or  maintenance,  in  any  state,  federal  or  foreign
administrative agency, or any other tribunal, any charge, claim or action of any

<PAGE>
kind,  nature  and  character  whatsoever  which  has  been  released under this
Agreement.  All  parties  agree  that this Agreement shall constitute a full and
complete  defense to and may be used as the basis for an injunction against, any
action,  suit,  or  other  proceeding  which  may  be instituted, prosecuted, or
attempted  by  any  other  party,  or  any  other  person, firm, corporation, or
organization on that party's behalf, wherein the claim concerns any matter which
was  released;  provided,  however,  that notwithstanding the language set forth
above,  certain of the releases granted by Rose Glen, Katznelson, Stahlecker and
Hinkel  are  conditional  upon  Nettaxi's  compliance  with  Section  10  above.

     24.     Severability.  The  parties  agree  that  if,  for  any reason, any
             ------------
provision  hereof  is  unenforceable,  the  remainder  of  this  Agreement shall
nonetheless  remain  binding  and  in  effect.

     25.     Counterparts.  This  Agreement  may  be  executed  in  one  or more
             ------------
counterparts,  or  duplicates  of  originals,  all of which taken together shall
constitute  one  and  the  same  instrument.

     26.     Titles  and  Captions.  Titles  and  captions  contained  in  this
             ---------------------
Agreement are used for convenience or reference only and are not intended to and
shall  not  in any way enlarge, define, limit, extend, or describe the rights or
obligations  of  the  parties  or  affect  the  meaning  or construction of this
Agreement,  or  any  provision  hereof.

<PAGE>
     IN  WITNESS  WHEREOF,  the  parties hereto have caused this Agreement to be
duly  executed  and  delivered  as  of  the  date  set  forth  below.

                                         NETTAXI.COM

Date:                                    By:  __________________________________
                                              Robert A. Rositano, Jr., President

                                         RGC INTERNATIONAL INVESTORS, LDC

Date:                                    By:  __________________________________

                                         ROSE GLEN CAPITAL MANAGEMENT, L.P.

Date:                                    By:  __________________________________

                                         RGC  GENERAL  PARTNERSHIP
                                         CORPORATION

Date:                                    By:  __________________________________

Date:                                    _______________________________________
                                         STEVE  KATZNELSON

Date:                                    _______________________________________
                                         GERALD  STAHLECKER

Date:                                    _______________________________________
                                         CHRIS  HINKEL

<PAGE>

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00010-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00010-of-00352.parquet"}]]