Document:

Exhibit 10.25

                                                                        Rockwell
                                                                         Collins

SNAP2 Corporation                                       Agreement No. 4500549310
                                                              Date: Dec. 6, 2001

                           SUPPORT SERVICES AGREEMENT

This Agreement is entered into between Rockwell Collins, Inc. located at 2001
West Mission Boulevard, Pomona, CA 91766-1020 (hereinafter referred to as
"Rockwell" or "Buyer"), and SNAP2 Corporation, located at 10641 Justin Drive,
Des Moines, Iowa (hereinafter referred to as "Seller").

In consideration of the promises contained herein, the parties agree to the
following terms and conditions:

1.   SCOPE OF SERVICES

     During the term of this Agreement, Seller shall furnish the services set
     forth in Statement of Work, ACC Diagnostic Software Engineering Services,
     Project no. 1023B, attached hereto and made a part hereof. Such services
     shall be performed by individuals as employees of Seller, an independent
     contractor, and not as employees of Buyer. If the services are to be
     performed at Buyer's plant, Seller's employees shall abide by rules
     established by Buyer. Signing and returning the acknowledgment copy of this
     agreement shall constitute acceptance of this Agreement. All use or
     reference to the phrase "this Agreement" contained herein, or in any
     document incorporated by reference, shall mean and be construed to include
     this Services Agreement and any Purchase Orders released hereunder.

2.   TERM OF AGREEMENT

     The Agreement shall commence on Dec. 06, 2001 and be concluded upon 6 weeks
     after receipt of eTES ADB hardware.

3.   BILLING AND PAYMENT

     3.1  As compensation for services to be performed by Seller hereunder,
          Buyer shall pay Seller at the rates set forth in the Schedule and to
          the extent, if any, expressly provided for in the Schedule,
          reimbursements for certain costs, such as travel expenses incurred in
          the performance of services hereunder. Buyer shall not have any
          liability for any other expenses or costs incurred by Seller
          hereunder, unless otherwise provided in the Schedule.

     3.2  Seller shall invoice Buyer at monthly intervals, or as otherwise
          specified in the Schedule. Invoices shall be mailed to:

                           Rockwell Collins, Inc.
                           400 Collins Road, N.E.
                           Cedar Rapids, IA   52498
                           Attn:  Accounts Payable

     3.3  Each invoice submitted by Seller shall provide the following:

<PAGE>

                                                                        Rockwell
                                                                         Collins

SNAP2 Corporation                                       Agreement No. 4500549310
                                                              Date: Dec. 6, 2001

                           SUPPORT SERVICES AGREEMENT

          a)   Invoices for services and reimbursable expenses shall contain the
               following statement signed by the Seller, or if this Agreement is
               with a firm, an officer or authorized representative of the firm:

               "I hereby certify, to the best of my knowledge and belief, that
               this invoice is correct, and that all items invoiced are based
               upon actual costs incurred or services rendered consistent with
               the terms of the Support Services Agreement and associated
               Schedule."

          b)   Provide complete supporting detail, including name(s) of
               person(s) who performed the services, dates of services, hours or
               days worked and billing rates.

          c)   Identify the task and completion date if this Agreement is based
               upon a fixed sum payment.

          d)   Be accompanied by (i) an itemized listing of amounts claimed,
               (ii) pertinent information relative to the expenses, and (iii)
               receipts, to document the expenses when reasonably available.

     3.4  Seller shall not take any action hereunder which could cause the
          amount for which Buyer would be obligated to pay Seller to exceed the
          sum of [Confidential Treatment has been requested for this portion of
          this Exhibit]. Notwithstanding any other provisions of this Agreement,
          Buyer shall not be obligated to pay Seller any amount in excess of the
          aforementioned sum, provided however, that this sum may be increased
          from time to time by Buyer in writing.

4.   RELEASE OF NEWS INFORMATION AND ADVERTISING

     Seller shall not, without the prior written consent of Buyer: (a) make any
     news release, public announcement, denial or confirmation of all or any
     part of the subject matter of this Agreement.

5.   ASSIGNMENT AND SUBCONTRACTING

     Performance of this Agreement may not be assigned or subcontracted in whole
     without, in each case, the prior written consent of Buyer. In the event
     Seller designates employees or agents other than as specified herein, such
     individual shall sign a confidentiality agreement prior to commencing work
     on behalf of the Buyer. In the event that during the term of this
     Agreement, any of Buyer's divisions or affiliates or any location or other
     portion of any such division or affiliate is sold or merged with another
     company or entity, such sold or merged entity may continue to operate under
     the terms and conditions of this Agreement for continued services hereunder
     for the twelve (12) month period following the effective date of such
     business change.

6.   CANCELLATION/TERMINATION

     Buyer shall have the right to cancel this Agreement or any part thereof at
     any time by providing written notice to Seller:

                                       2
<PAGE>

                                                                        Rockwell
                                                                         Collins

SNAP2 Corporation                                       Agreement No. 4500549310
                                                              Date: Dec. 6, 2001

                           SUPPORT SERVICES AGREEMENT

     a)   For Convenience - In case of cancellation by Buyer of all or any part
          of this Agreement without cause, any cancellation claim must be
          submitted to Buyer within sixty (60) days after the effective date of
          cancellation and shall be subject to an audit. Seller shall be
          entitled to its direct costs already incurred in the performance of
          the work cancelled, which together may not exceed the contract price
          of the work canceled. Upon receipt of a notice of cancellation from
          Buyer, Seller shall stop work and immediately take the necessary
          action to ensure that all work under the Agreement shall cease and to
          the extent specified in Buyer's notice of cancellation, that all
          subcontracts and orders are forthwith terminated immediately. The
          provisions of this subparagraph shall not limit or affect the right of
          Buyer to cancel this Agreement "For Cause" and shall not apply to a
          breach of contract. In no event shall Buyer be liable for punitive,
          indirect, special, incidental or consequential damages for termination
          pursuant to this provision.

     b)   For Cause - Buyer may by written notice to Seller, without prejudice
          to any other rights or remedies provided under this Agreement by law
          or in equity, terminate this Agreement in whole or in part in any of
          the following circumstances: (i) if Seller has been declared bankrupt,
          makes an assignment for the benefit of creditors, or is in
          receivership; or (ii) if Seller fails to perform the work or deliver
          the supplies in accordance with the performance requirements or
          delivery schedules specified herein or any extension thereof; or (iii)
          if Seller (A) fails to perform any of the other terms of this
          Agreement, or (B) so fails to make progress as to endanger the
          performance of this Agreement in accordance with its terms, and in
          either of the two circumstances enumerated in this provision
          6(b)(iii)(A) or 6(b)(iii)(B), does not cure such failure within a
          period of ten (10) days (or such longer period as Buyer may authorize
          in writing) after receipt of notice from Buyer specifying such
          failure. In the event Buyer terminates this Agreement in whole or in
          part as provided in paragraph (b) of this provision, Buyer may
          procure, upon such terms and in such manner as it may deem
          appropriate, services similar to those so terminated, and Seller shall
          be liable to Buyer for any excess costs, reasonably incurred for such
          similar supplies or services; provided that Seller shall continue the
          performance of this Agreement to the extent not terminated under the
          terms of this provision.

7.   INTELLECTUAL PROPERTY

     a)   All information and data, regardless of form, generated or designed in
          the performance of or delivered under this Agreement, as well as any
          information provided to Seller by Buyer, shall be and remain the sole
          property of Buyer. Seller grants Buyer an unlimited, unrestricted and
          non-exclusive, fully-paid, world-wide license to all background
          intellectual property of Seller necessary to fully practice and
          utilize any design or product (including software) resulting from
          performance hereunder. Seller shall keep all information and data
          generated pursuant to this Agreement in confidence and not disclose or
          use it for any purpose other than in performing this Agreement, except
          with Buyer's prior written approval. In the event that the copyright
          in any data and information generated in the performance of this
          Agreement does not vest in Buyer by law, Seller hereby agrees to
          assign the copyright in all such data and information to the Buyer.
          These obligations shall survive the termination of this Agreement.
          Seller further agrees not to knowingly include any material
          copyrighted by others in technical data delivered under this Agreement
          without first obtaining, at no additional cost and for the benefit of
          Buyer, a license therein of the same scope as set forth herein.

                                       3
<PAGE>

                                                                        Rockwell
                                                                         Collins

SNAP2 Corporation                                       Agreement No. 4500549310
                                                              Date: Dec. 6, 2001

                           SUPPORT SERVICES AGREEMENT

     b)   Seller agrees that all Seller owned data, including but not limited to
          tapes, photo prints and other graphic information, furnished with
          items or required to be furnished by this Agreement, together with any
          information furnished orally, shall be free from proprietary
          restriction. Data for which a restrictive use marking is authorized
          herein or by special agreement, may be duplicated and used by Buyer in
          performance of its present and future contracts including preparation
          of logistics and instructional information and delivery thereof as
          required by customer contract, provided that Seller's data subject to
          restrictive use marking as authorized herein, so long as the
          information is not legally available to Buyer from other sources,
          shall not be disclosed outside Buyer or its customers without Seller's
          permission. Seller further agrees to furnish additional data required
          by Buyer to support Buyer's requirements for logistics, maintenance,
          and operational data for Buyer's customers within three (3) years of
          final delivery for a reasonable price for preparation and delivery,
          including generation thereof, if required.

8.   PATENT INDEMNITY

     Seller hereby indemnifies Buyer, its successors, assigns, agents,
     customers, and users of the articles against loss, damage, or liability,
     including costs and expenses, including attorneys' fees, which may be
     incurred on account of any suit, claim, judgment, or demand involving
     infringement or alleged infringement of any copyright, trademark, or patent
     rights in the manufacture, use or disposition of any articles supplied
     hereunder in any form or media, provided Buyer shall notify Seller of any
     suit instituted against it, and to the full extent of its ability to do so
     shall permit Seller to defend the same or make settlement in respect
     thereto. Buyer does not grant indemnity to Seller for infringement of any
     patent, trademark, copyright, or data rights.

     Seller shall not be liable to Buyer in the event any claim or threatened
     claim is solely or wholly based on product specifications designed and, or
     provided by Buyer. Upon Seller's demand, Buyer will defend, indemnify and
     hold Seller harmless from claims directly relating to violations of
     intellectual property rights of a third party where the infringement is
     directly associated with Buyer's designed Product or specifications.

9.   INDEMNIFICATION

     Seller hereby agrees to indemnify and hold harmless Buyer, its affiliates
     and their respective successors and assigns, and its and their respective
     directors, officers, agents and employees, from and against any and all
     claims, liabilities, damages, losses, causes of action and judgments
     brought by any person, corporation, governmental entity or other entity not
     a party to this Agreement, whether arising from injury or death to persons
     or loss or damage to property or otherwise (collectively "Third Party
     Claims"), and reasonable attorneys' fees and costs and expenses incident
     thereto to the extent such Third Party Claims arise from (a) any defect in
     the design, workmanship or material of any product or associated software
     delivered by Seller to Buyer hereunder and/or (b) any negligence (whether
     active or passive) or willful misconduct of Seller, its contractors of any
     tier or its or their directors, officers, agents, or employees. This
     indemnity shall survive the termination or expiration of this Agreement for
     a period of five (5) years.

                                       4
<PAGE>

                                                                        Rockwell
                                                                         Collins

SNAP2 Corporation                                       Agreement No. 4500549310
                                                              Date: Dec. 6, 2001

                           SUPPORT SERVICES AGREEMENT

10.  CHANGES

     Buyer within the general scope of this Agreement, may at any time, by a
     written notice to Seller, issue additional instructions, require additional
     services or direct the omission of services covered by this Agreement. If
     any such change causes an increase or decrease in the cost of, or the time
     required for, the performance of any part of the work under this Agreement,
     an equitable adjustment shall be made in the price or delivery schedule, or
     both, and this Agreement modified in writing accordingly. Information,
     advise, approvals or instructions given by Buyer's technical personnel or
     other representatives shall be deemed expressions of personal opinion only
     and shall not affect Buyer and Seller rights and obligations hereunder
     unless set forth in a writing which is signed by a member of Buyer's
     procurement department and which expressly states that it constitutes an
     approval, amendment, or change to this Agreement. Any claim by Seller for
     an adjustment must be made in writing within thirty (30) days of the
     receipt of any such notice. Nothing in this clause shall excuse the Seller
     from proceeding without delay to perform this Agreement as changed.

11.  NOTICES

     Any notice shall be considered as having been given (i) to Rockwell if
     mailed by certified mail, postage prepaid to Rockwell Collins, Inc.,
     Passenger Systems, 2001 West Mission Boulevard, Pomona, CA 91766-1020,
     Attn: Randy Gauldin, Subcontracts, Phone: (909) 868-6156, FAX: (909)
     868-1241, E-mail: rrgauldi@collins.rockwell.com, or (ii) to Seller if
     mailed by certified mail, postage prepaid to: SNAP2 Corporation, 10641
     Justin Drive, Des Moines, IA, Attn: Mark Mailinak, Phone: (512) 671-3613,
     FAX: (515) 331-3901, E-mail: mmalinak@earthlink.net

12.  CONFIDENTIAL OR PROPRIETARY INFORMATION

     Seller, its directors, officers, employees and agents shall preserve as
     confidential all information pertaining to Buyer's business and all
     technical and proprietary information obtained from Buyer in the
     performance of this Agreement. Seller further agrees that any data and
     information generated or delivered in the performance of this Agreement and
     any information and data furnished by Buyer shall (a) be kept in confidence
     and not be disclosed to third parties without the prior written approval of
     Buyer, and (b) shall not be used in the sale, production, manufacture or
     design of any article, material, process, methodology, study or report,
     except as otherwise provided herein, without Buyer's prior written consent.
     Seller agrees that this obligation shall survive the termination or
     expiration of this Agreement. Seller shall deliver all data and information
     to Buyer upon request and, in any event, upon the completion of all work
     hereunder or cancellation or expiration hereof, whichever shall first
     occur, and shall be fully responsible for the care and protection thereof
     until such delivery. Notwithstanding any other provision of this Agreement,
     the confidentiality obligations specified in this section will not apply to
     any Confidential Information received by Seller, which is or becomes
     publicly available without breach of this Agreement.

13.  BUYER'S PROPERTY

     All property used by Seller in connection with this Agreement which is
     owned, furnished, charged to or paid for by Buyer shall be and remain the
     property of Buyer subject to removal and inspection by

                                       5
<PAGE>

                                                                        Rockwell
                                                                         Collins

SNAP2 Corporation                                       Agreement No. 4500549310
                                                              Date: Dec. 6, 2001

                           SUPPORT SERVICES AGREEMENT

     Buyer at any time without cost or expense to Buyer and Buyer shall have
     free access to Seller's premises for the purpose of inspecting or removing
     such property. All such property shall be identified and marked as Buyer's
     property, used only for this Agreement and adequately insured by Seller at
     its expense for Buyer's protection. Seller shall assume all liability for
     and maintain and repair such property and return the same to Buyer in its
     original condition, reasonable wear and tear excepted, and when such
     property is no longer required hereunder. Seller shall furnish Buyer with a
     list thereof and shall comply with any Buyer disposition instructions
     applicable thereto.

14.  CONFLICT OF INTEREST

     Seller hereby represents and covenants that neither it nor any of its
     employees or representatives has or shall have directly or indirectly, any
     agreement with any official, employee or representative of any customer or
     of any government or governmental agency or of any political party under
     which any such receive either directly or indirectly anything of value
     whether monetary or otherwise as the result of or in connection with any
     action or contemplated action taken or requested to be taken by any
     government or governmental agency or any nature relating to Rockwell or any
     of its subsidiaries. Seller further represents and covenants that neither
     it nor any of its employees or representatives has offered or shall offer
     any gratuity to Rockwell's employees, agents or representatives with a view
     toward obtaining this Agreement or securing favorable treatment with
     respect thereto. Seller further represents that it will not engage in any
     activity, which presents a conflict of interest in light of its
     relationship with Rockwell.

     A.   Movement of personnel, equipment, and tools on and off property site
          referred to in the Schedule and while on the site shall be in
          accordance with Rockwell's plant security and safety regulations.
          Rockwell will make copies of such regulations available to Seller upon
          request.

     B.   If Seller is assigned a working area, it shall be Seller's
          responsibility to conform to good housekeeping rules including all
          Rockwell and other applicable rules and regulations by keeping the
          working area, as well as the designated area assigned to Seller for
          storage of material and equipment to be used in the performance of its
          work, in a clean neat and orderly condition.

     C.   Seller will be required to observe all Rockwell and other applicable
          safety regulations for the protection of property and personnel.

15.  DISCLOSURE

     Rockwell shall have the right, in its discretion, to disclose the terms and
     conditions of this Agreement (as it may be amended from time to time),
     including without limitation amounts paid hereto, to agencies of the United
     States Government.

16.  REPORTS

     Seller will furnish all reports required hereunder in such form and detail
     as may be reasonably required by Rockwell.

                                       6
<PAGE>

                                                                        Rockwell
                                                                         Collins

SNAP2 Corporation                                       Agreement No. 4500549310
                                                              Date: Dec. 6, 2001

                           SUPPORT SERVICES AGREEMENT

17.  NOTICE TO BUYER OF LABOR DISPUTES

     (a)  Whenever Seller has knowledge that any actual or potential labor
          dispute is delaying or threatens to delay the timely performance of
          this Agreement, Seller shall immediately give notice thereof,
          including all relevant information, with respect thereto, to Buyer.

     (b)  Seller agrees to insert the substance of this clause, including this
          paragraph (b), in any subcontract hereunder to which a labor dispute
          may delay the timely performance of this Agreement.

18.  RIGHTS, REMEDIES AND WAIVER

     The rights and remedies provided Buyer herein shall be cumulative, and in
     addition to any other rights and remedies provided by law or equity. A
     waiver of a breach of any provision hereof shall not constitute a waiver of
     any other breach.

19.  DISPUTES/APPLICABLE LAW

     This Agreement shall be governed by and construed and enforced in
     accordance with the laws of the State of Iowa, without regard to its choice
     of law rules, but including the provisions of the Uniform Commercial Code
     of said State. This Agreement specifically excludes the provisions of the
     1980 United Nations Convention on Contracts for the International Sale of
     Goods and the U.N. Convention on the Limitation Period in the International
     Sale of Goods, as amended by Protocol. If a U.S.-based Seller, in the event
     that any claim or controversy arising out of this Agreement cannot be
     settled by the parties themselves, the parties agree to attempt in good
     faith to resolve such claim or controversy by mediation, through a mutually
     agreed upon, non-binding form of Alternate Dispute Resolution (ADR),
     through knowledgeable, non-lawyer representatives of each party. The
     parties shall split evenly all costs of ADR. Any dispute that is not
     settled by agreement of the parties or by such mediation may be settled by
     appropriate legal proceedings. Pending any decision, appeal or judgment in
     such proceedings or other settlement of any dispute arising under this
     Agreement, Seller shall proceed with the performance of this Agreement in
     accordance with the decision of the Buyer. If a foreign-based Seller, any
     disputes arising out of or in connection with this Agreement, which are not
     settled by negotiation, including any question regarding its existence,
     validity or termination, shall be referred to and finally resolved by
     arbitration under the Rules of the London Court of International
     Arbitration, which Rules are deemed to be incorporated by reference into
     this clause. The tribunal shall consist of a sole arbitrator, the place for
     arbitration shall be London, England, and the proceedings shall be in
     English language. Judgment upon the award rendered by the arbitrators may
     be entered in any court having jurisdiction thereof. Both parties hereby
     waive the right to refer the case to any other jurisdiction. The parties
     shall continue to perform their obligations under this Agreement pending
     the outcome of such arbitration.

20.  INSURANCE, INDEMNITY AND LIABILITY

     Seller hereby indemnifies, defends and holds Rockwell, its directors,
     officers, agents and employees, harmless against any and all claims,
     actions or demands against Rockwell, its directors, officers, agents and
     employees and against any and all damages, liabilities or expenses,
     including counsel fees, for

                                       7
<PAGE>

                                                                        Rockwell
                                                                         Collins

SNAP2 Corporation                                       Agreement No. 4500549310
                                                              Date: Dec. 6, 2001

                           SUPPORT SERVICES AGREEMENT

     personal injury to or death of any person and for loss or damage to any and
     all property, arising out of the acts or omissions of Seller under this
     Agreement. Seller shall carry and maintain Workers' Compensation and
     Commercial General Liability Insurance (including Contractual Liability),
     Professional Liability and Automobile Liability in such form as to protect
     Seller and Rockwell from any claims or damages for bodily injury, including
     death, and any damage of or to property which may arise from acts or
     omissions of Seller under this Agreement. Seller shall furnish Rockwell
     with original certificates of insurance, prior to the effective date of
     this Agreement and annually thereafter, evidencing minimum limits of
     liability of $1 million per occurrence combined single limit occurrence for
     bodily injury (including death) and property damage for Commercial General
     Liability and Automobile Liability; Statutory Workers' Compensation, and
     Employer's Liability with a limit of $1 million; and Professional Liability
     with a per claim limit of $1 million. Such insurance shall be primary and
     non-contributing to any insurance maintained by Rockwell and the insurers
     will give thirty (30) days prior written notice to Rockwell in the event of
     cancellation or material change in coverage. The Commercial General
     Liability, Automobile Liability, and Workers' Compensation coverages will
     each include a waiver of subrogation in favor of Rockwell. Seller shall
     include Rockwell as an additional insured on Commercial General Liability
     insurance. Insurers must be reasonably acceptable to Rockwell and possess
     minimum Best's rating of `A -` and be licensed to conduct business in all
     states in which Seller shall operate as part of this Agreement. Failure to
     obtain and maintain the required insurance shall be considered a material
     breach of contract.

21.  PROFESSIONAL LIABILITY

     Seller agrees that all services performed hereunder by Seller, its
     employees and agents shall be performed by persons who are experienced and
     highly skilled in their professions and in accordance with high standards
     of workmanship in their field. Seller further agrees that all work
     hereunder will be fit and sufficient for the purpose intended. Seller shall
     be liable for all loss or damages to Rockwell, its directors, officers,
     agents, employees, and customers arising from its failure to comply with
     any provision hereof, and from any negligent act, error or omission of
     Seller, its agents and employees. Rockwell may, at its option, by contract
     or otherwise, replace or correct any defective materials or conditions
     resulting from said failures, acts, errors and omissions and recover the
     cost thereof from Seller.

22.  REPRESENTATIVES AND TECHNICAL ASSISTANCE

     The below listed representatives shall be available at all reasonable times
     and shall have the authority to act on behalf of their employer except the
     Rockwell representatives shall not have the authority to act in any manner
     which would result in an increase or decrease of the scope of work or of
     the price of this Agreement or which would otherwise change the provisions
     of this Agreement. Rockwell shall furnish such information and technical
     assistance to Seller as shall be reasonably required in connection with the
     Seller's work hereunder. However, no such information or assistance shall
     relieve Seller of its responsibility for the furnishing of a design in
     accordance with all the provisions of this Agreement, constitute an
     acceptance of Seller's work, nor relieve Seller of any of its obligations
     under this Agreement.

     A.   Rockwell's representative for administration of this Agreement is:
          Randy Gauldin, Subcontracts.

                                       8
<PAGE>

                                                                        Rockwell
                                                                         Collins

SNAP2 Corporation                                       Agreement No. 4500549310
                                                              Date: Dec. 6, 2001

                           SUPPORT SERVICES AGREEMENT

     B.   Rockwell's representative for Engineering design is: Tom Kerner
          (Project Engineer).

     C.   Seller's Project Engineer responsible for contract performance is:
          Doug Hoffman (Project Engineer).

     D.   Seller's representative for administration of this Agreement is Mark
          Malinak, Sales.

23.  SEVERABILITY

     If any provision or portion thereof of this Agreement is held to be
     unenforceable or invalid, the remaining provisions and portions thereof
     shall nevertheless be given full force and effect, and the Parties agree to
     negotiate, in good faith, a substitute valid provision which most nearly
     effects the parties' intent on entering this Agreement.

24.  HEADINGS

     The headings of the Sections have been inserted for convenience of
     reference only and shall not affect the interpretation of any of the
     provisions of this Agreement.

25.  COUNTERPARTS

     This Agreement may be executed in two or more counterparts, each of which
     shall be deemed an original, but all such counterparts together shall
     constitute but one and the same Agreement.

26.  AUTHORITY

     Each of the parties hereto represents that such party has the power and
     authority to enter into, execute, deliver and perform its respective
     obligations hereunder. The execution and delivery of this Agreement by each
     of the parties hereto, respectively, has been duly authorized. No other
     action on the part of any is required and execution by each party hereto
     constitutes a valid and binding obligation of such party, respectively,
     enforceable in accordance with its terms.

27.  RECORDS

     Buyer shall, until the expiration of three (3) years after final payment
     under this Agreement, have access to and the right to examine any directly
     pertinent books, documents, papers and records of Seller involving
     transactions related to this Agreement.

28.  BUYER APPROVALS AND REVIEWS

     The review or approval by Buyer of any work hereunder or of any designs,
     drawings, specifications or other documents prepared hereunder shall not
     relieve Seller of any of its obligations under this Agreement, nor excuse
     or constitute a waiver of any defects or nonconformity in any services
     furnished under this Agreement, nor change, modify or otherwise affect any
     of the provisions of this Agreement, including, but not limited to, the
     prices and delivery schedules contained herein.

                                       9
<PAGE>

                                                                        Rockwell
                                                                         Collins

SNAP2 Corporation                                       Agreement No. 4500549310
                                                              Date: Dec. 6, 2001

                           SUPPORT SERVICES AGREEMENT

29.  TAXES

     Seller is liable for and shall pay all taxes, impositions, charges and
     exaction imposed on or measured by this Agreement except those Buyer
     specifically agrees or is required by law to pay and which are separately
     stated on Seller's invoice. Prices shall not include any taxes,
     impositions, charges and exaction for which Buyer has furnished an
     exemption certificate.

30.  U.S. EXPORT CONTROL LAWS AND REGULATIONS

     Seller, for itself and any of its employees and agents who may be given
     access by Seller to technical information of Buyer, or who may be provided
     access to Buyer's premises in carrying out the services to be provided by
     Seller under this Agreement, acknowledges its obligations to control access
     to such technical information and to ensure that such access does not
     result in a violation of the U.S. Export Control Laws and Regulations.

31.  EVIDENCE OF CITIZENSHIP OR IMMIGRANT STATUS

     Buyer may be required to obtain information concerning citizenship or
     immigrant status of subcontractor personnel entering the premises of Buyer.
     Seller agrees to furnish this information before commencement of work and
     at any time thereafter before substituting or adding new personnel to work
     on Buyer's premises. Information submitted by Seller shall be certified by
     an authorized representative of Seller as being true and correct.

32.  U.S. GOVERNMENT COMMERCIAL ORDERS

     If this Agreement indicates that it is placed under a U.S. Government
     contract for the purchase of commercial items as defined in the Federal
     Acquisition Regulation, the following provision is incorporated herein:
     Federal Acquisition Regulation Provision 52.244-6, Commercial Items and
     Commercial Components, except that the term "Contractor" means Seller,
     "Subcontractor" means Seller's Subcontractor, and "Contract" means this
     Agreement. The actions required under the referenced clauses made
     applicable under this Clause shall constitute the entirety of Seller's
     Federal Acquisition Regulation obligations hereunder for such sales.

33.  SPECIAL U.S. GOVERNMENT PROVISIONS

     If this Agreement indicates that it is placed under a U.S. Government prime
     contract for firm fixed price orders for non-commercial materials and/or
     services, applicable special U.S. Government provisions are found in
     Attachment "A" and incorporated herein by reference to this Agreement. If
     this Agreement is placed pursuant to a U.S. Government prime contract with
     the National Aeronautics Space Administration (NASA) for firm fixed price
     orders for non-commercial materials and/or services, applicable special
     provisions are found in Attachment "A-1" and incorporated herein by
     reference to this Agreement.

                                       10
<PAGE>

                                                                        Rockwell
                                                                         Collins

SNAP2 Corporation                                       Agreement No. 4500549310
                                                              Date: Dec. 6, 2001

                           SUPPORT SERVICES AGREEMENT

34.  ENTIRE AGREEMENT

     This Agreement is intended by the Buyer and Seller as a final expression of
     their agreement and is intended also as a complete and exclusive statement
     of the terms of their agreement. No course of prior dealings, written or
     oral, between the parties, no usage of the trade nor acceptance or
     acquiescence in a course of performance rendered under this Agreement shall
     be relevant to supplement, explain or be relevant to determine the meaning
     of the terms of this Agreement even though the accepting or acquiescing
     party has knowledge of the nature of the performance and opportunity for
     objection. No amendment or change of any kind shall be binding upon Buyer
     unless in writing and signed by an authorized representative of Buyer.

IN WITNESS WHEREOF, the parties hereto have duly executed this Agreement which
is effective as of the date of the last signature below.

SELLER                                     ROCKWELL COLLINS, INC.
                                           Passenger Systems

By:                                        By:
    ---------------------------------          ---------------------------------

Name: Mark Malinak                         Name: Randy Gauldin
      -------------------------------            -------------------------------

Title: V.P. Sales                          Title: Subcontracts
       ------------------------------             ------------------------------

Date:                                      Date:
      -------------------------------            -------------------------------

      -------------------------------
      Employer Identification No. *

     *    This is the identifying number required to be used in Federal income
          tax and employment tax returns.

                                       11
<PAGE>

SNAP2 Consultants                                       Agreement No. 4500549310
                                                          Date: December 6, 2001

                                Statement of Work
                                       for
                 SNAP2 - ACC DIAG Software Engineering Services
                                Project No. 1023B

This Statement of Work (SOW) is governed by the Rockwell Collins Support
Services Agreement (SSA) No. 4500549310 executed between the parties dated
December 6, 2001. Exhibits A, "Certificate of Compliance with U.S. Government
Regulations"; Exhibit B, "Inventions and Patents Agreement and Protection of
Proprietary Information Agreement"; and "End Use Certification", are attached
hereto and made a part hereof.

1.   Scope

The scope of this statement of work is to describe the effort requested by
Rockwell Collins Passenger Systems ("RCPS" or "Buyer"), to Snap2 Corporation
("Seller") for the Area Distribution Box (ADB) Controller Card Diagnostics
project.

2.   Definitions

The following is a list of definitions and acronyms that will be used throughout
this document.

ADB               Area Distribution Box
eTES              Enhanced Total Entertainment System
ENB               Engineering Notebook
DOORS             Dynamic Object Oriented Requirement System
IFE               In-Flight Entertainment
IPT               Integrated Product Team
PTR               Problem Trouble Report
SDF               Software Development Folder
SRS               Software Requirements Specification
SOW               Statement of Work
TES               Total Entertainment System
VSS               Visual Source Safe

3.   Referenced Documents

The following is a list of reference documents to be used for the ADB Controller
Card (ACC) Diagnostics project.

Document Number                Title
---------------                -----
ENB 7-6-2              TES Build Environment
PS-ENG-P-002           Integrated Product Teams (IPT) Procedure
PS-ENG-P-302           Software Process Deviation Procedure
PS-ENG-P-303           Software Development Folders Procedure
PS-ENG-B-304.01        TES Software Engineering Credit Taking Rules
PS-ENG-P-305           IFE PTR Package Review Procedure
PS-ENG-P-306           Software Build Procedure
PS-ENG-P-307           Software Integration Test Process Procedure
PS-ENG-T-307.01        Software Integration Test Plan Template
PS-ENG-P-308           Software Change Review Board Procedure
PS-ENG-G-308.01        IFE PTR User's Guide
PS-ENG-T-309.01        Software Functional Design Description Template
PS-ENG-P-312           Software Coding Procedure
PS-ENG-P-315           Unit Test Procedure
PS-ENG-S-316           TES Software Development Process Standard

<PAGE>

SNAP2 Consultants                                       Agreement No. 4500549310
                                                          Date: December 6, 2001

832-8716-003           Engineering Technical Consistent Process
1300234-S520           Software Quality Engineering Plan for Passenger Systems

4.   Description of Work

  [Confidential Treatment has been requested for this portion of this Exhibit]

5.   Standards and Procedures

The Seller shall perform all design, development, and test in compliance with
documents referenced in Section 3. All software deliverable reviews between the
Buyer and Seller shall occur as outlined by these documents.

Any requests for deviations from this standard shall be made and approved in
advance with the Buyer, in accordance with the RCPS Software Process Deviation
Procedure.

6.   Deliverables

The Seller deliverables are summarized as follows:

1.   Planning documents - The Seller will produce a design document for any new
     tests or features where there are significant design issues. At a minimum,
     this document will describe the Sellers plan for implementing the looping
     and continuous transmission/echo test modes. The Seller will also provide
     RCPS with a test plan for the tests and features specified in the SRS.

2.   Bundle 1 - includes the features and tests described in the SRS sections
     entitled Power-on/Bootstrap Processing, Diagnostic Software Integrity
     Check, and Startup State Preservation. This will include the ability to
     communicate via RS-232 serial port 2 to host PC.

3.   Bundle 2 - includes the features and tests described in the SRS sections
     entitled Hardware Power-on Confidence Testing. The build environment will
     include the ability to configure the set of Proof-of-Concept (POC) tests at
     compile time.

4.   Bundle 3 - includes the features and tests described in the SRS sections
     entitled Interactive Hardware Testing.

5.   Bundle 4 - includes the features and tests described in the SRS in the
     section entitled Continuous Interface Transmission/Echo Testing and Looping
     Interface Testing.

6.   Bundle 5 - includes the features and tests described in the SRS in the
     sections entitled Software Validation/Integrity Testing, Software
     Downloading, Operating System Invocation, Boot Progress Indications,
     Miscellaneous Processing, and Boot Scenarios.

The Seller shall provide a electronic copy of all the deliverable documents in
Microsoft Word Format compatible with Word version 97, or in the case of
system/software requirements, a format compatible with the RCPS DOORS document
control system.

7.   Milestone Schedule

The milestones and schedule items are described as follows.

     Activity                           Delivery Date
     --------                           -------------
     Planning Documents         October 5, 2001
     Bundle 1                   2 weeks after receipt of eTES ADB HW
     Bundle 2                   3 weeks after receipt of eTES ADB HW
     Bundle 3                   4 weeks after receipt of eTES ADB HW
     Bundle 4                   5 weeks after receipt of eTES ADB HW
     Bundle 5                   6 weeks after receipt of eTES ADB HW

Modification to this schedule may be made by joint agreement between RCPS and
Seller.

                                       2
<PAGE>

SNAP2 Consultants                                       Agreement No. 4500549310
                                                          Date: December 6, 2001

8.   Status Reports and Meetings

The status reports are to be provided as requested by the RCPS Manager. The
Buyer and Seller will meet as needed to review progress and to discuss future
milestones, reviews and scheduled software deliverables, risks and resource
issues.

9.   Proprietary Headers

All Seller software deliverables shall use the Buyer's proprietary headers and
cover sheets. It shall be understood that the Buyer has full publication rights
of all documentation and software purchased from the Seller. All software files
shall use the Buyer proprietary headers consistent with the current Buyer file
header structure.

10.  Development & Configuration Control Tools

RCPS shall furnish the Seller with the following items for development
activities:

1 eTES ADB ACC Systems HW
1 Test Fixture for running ADB cards
1 Hardware Emulator (EST Vision Probe)
1 ARCNET Interface Board for PC

11.  Field and Sustaining Support

This subcontract makes no provisions for the Seller to provide extended or field
support of this product after Seller meets all the enclosed closure criteria
requirements.

12.  Key Personnel

<TABLE>
<CAPTION>
-------------------------------------------------------------------------------------------------
     Personnel                       Role                     Current Rate    Term
                                                              (subject to
                                                                   GTA
                                                              adjustments)
-------------------------------------------------------------------------------------------------
<S>                    <C>                                    <C>              <C>
Laurel Rudzik          Buyer Systems/Software Dept. Mgr.           N/A                N/A
-------------------------------------------------------------------------------------------------
Bob Mimiaga            Buyer Technical Subcontract Mgr.            N/A                N/A
-------------------------------------------------------------------------------------------------
Randy Gauldin          Buyer Subcontracts Manager                  N/A                N/A
-------------------------------------------------------------------------------------------------
Tom Kerner             Buyer Software Technical Lead               N/A                N/A
-------------------------------------------------------------------------------------------------
Doug Hoffman           Seller  Manager                        $100.00/hour     9/1/01 - 6 weeks
                                                                               after receipt of
                                                                                  eTES ADB HW
-------------------------------------------------------------------------------------------------
Tony Hoffman           Seller Software Engineer               $100.00/hour     9/1/01 - 6 weeks
                                                                               after receipt of
                                                                                  eTES ADB HW
-------------------------------------------------------------------------------------------------
</TABLE>

13.  Payment

Seller shall submit invoices and time sheets on a bi-weekly basis to the RCPS
Subcontracts Manager. Invoices must reference the PO line item. The Program
Managers shall sign and thus authorize payment for the invoices submitted by
Seller.

Seller agrees to permit Buyer and/or its representative to verify any and all
expensed fees and charges payable hereunder. Seller agrees to keep books and
records in satisfactory form and content and to permit Buyer or its
representatives to conduct verifications for audit purposes.

The payment for this contract shall be based on time and materials, but not to
exceed [Confidential Treatment has been requested for this portion of this
Exhibit] total.

                                       3
<PAGE>

SNAP2 Consultants                                       Agreement No. 4500549310
                                                          Date: December 6, 2001

[Reference P.O. 4500549310 - increased by the amount of [Confidential Treatment
has been requested for this portion of this Exhibit] from [Confidential
Treatment has been requested for this portion of this Exhibit] to [Confidential
Treatment has been requested for this portion of this Exhibit] due to increased
scope changes]

14.  Acceptance Criteria

The deliverables for this effort shall be considered acceptable when they have
been received, reviewed and approved by RCPS. The milestones for this effort
shall be considered acceptable when they have been approved by RCPS.

15.  Subcontract Closing Criteria Requirements

All the terms of this subcontract will be considered successfully accomplished
when the following closing criteria have been met:

     1.   The Buyer receives, reviews and approves all software deliverables
          identified in this contract.

     2.   The Seller successfully achieves all milestones identified in this
          document.

                                       4Exhibit 10.1

                              EMPLOYMENT AGREEMENT

     This  EMPLOYMENT  AGREEMENT  (this  "Agreement")  is dated as of January 1,
2002,  between  Silvia  Mullens  ("Employee"),  Ameritrans  Capital  Corporation
("Ameritrans"),  and Elk Associates Funding Corporation  ("Elk")  (collectively,
Ameritrans and Elk are hereinafter referred to as the "Employer").

     In consideration  of the premises and the mutual covenants  hereinafter set
forth and other good and valuable consideration,  the receipt and sufficiency of
which is hereby acknowledged, the parties hereto hereby agree as follows:

1.   Employment of Employee.

     Employer hereby agrees to employ Employee, and Employee hereby agrees to be
and remain in the employ of Employer,  upon the terms and conditions hereinafter
set forth.

2.   Employment Period.

     Subject to the  earlier  termination  as provided in Section 5, the term of
Employee's  employment  under this  Agreement  shall  commence as of the date of
execution (the  "Effective  Date"),  and shall continue for a period of five (5)
years  (the  "Initial  Employment  Period").  Unless  Employer  gives  notice of
non-renewal  at least four (4) months  prior to the  expiration  of the  Initial
Employment  Period or  Employee  gives  notice of  non-renewal  at least two (2)
months prior to the  expiration of the Initial  Employment  Period,  the term of
this Agreement  shall be extended for an additional  five (5) year period beyond
the end of the Initial  Employment  Period on the same terms and  conditions  in
effect under this  Agreement at the time of  extension  (the Initial  Employment
Period and any  extension  thereof is hereafter  referred to as the  "Employment
Period").  During the period between the fourth month and the second month prior
to the expiration of the Initial Employment Period,  Employer and Employee shall
negotiate  in good faith with  respect to any  additional  terms to the  renewed
Employment Agreement.

3.   Duties and Responsibilities.

     3.1. General.  During the Employment Period,  Employee shall have the title
of Vice  President of the Employer and shall have duties  commensurate  with her
office and title. Employee shall report directly to and take direction from Gary
Granoff.  Employee shall devote such of her business time,  consistent with past
practice, and expend her best efforts, energies, and skills to the Employer.

4.   Compensation and Related Matters.

     4.1.  Base  Salary.  For  each  of  the  twelve-month  periods  during  the
Employment  Period,  commencing with the  twelve-month  period  beginning on the
Effective Date (each such period, an "Employment  Year"),  Employer shall pay to
Employee a base salary  equal to $95,400 for the first  Employment  Year,  which
shall increase by 5% in the second  Employment  Year and 4% for each  subsequent
Employment Year (with respect to each Employment  Year, the "Base Salary").  The
Base Salary for each  Employment  Year shall be payable in  accordance  with the
normal payroll procedures of Employer.

     4.2. Annual Bonus. For each fiscal year during the Employment Period (each,
a "Bonus  Year"),  Employee  shall be  eligible  to receive a bonus based on the
achievement of corporate  and/or  individual  performance  objectives set by the
Board for such Bonus Year at the discretion of the Board (a "Bonus").  Any Bonus
earned for any Bonus Year shall be payable promptly  following the determination
thereof, but in no event later than 45 days after the end of such year.

<PAGE>

     4.3. Other Benefits.  During the Employment Period,  subject to, and to the
extent  Employee is eligible  under their  respective  terms,  Employee shall be
entitled to receive  such  benefits as are, or are from time to time  hereafter,
generally  provided  by  Employer  to  Employer's  senior  management  employees
(including any executive vice president or chief financial  officer) (other than
those provided under or pursuant to separately  negotiated individual employment
agreements or  arrangements)  under any pension or retirement  plan (which as of
the date  hereof is  Employer's  existing  SEP IRA plan),  disability  plan,  or
insurance,  group life insurance,  medical and dental insurance for Employee and
her  spouse,  accidental  death and  dismemberment  insurance,  travel  accident
insurance,  or other  similar  plan or  program  of  Employer.  In the  event of
temporary  illness or  short-term  disability,  Employer  shall make  reasonable
accommodation  for Employee to perform her duties from home or other location at
which Employee resides.

     4.4.  Expense  Reimbursement.  Employer  shall  reimburse  Employee for all
business  expenses  reasonably  incurred by her in the performance of her duties
under this Agreement upon her  presentation  of signed and itemized  accounts of
such expenditures,  all in accordance with Employer's procedures and policies as
adopted and in effect from time to time and applicable to its senior  management
employees. Included in Employee's reimbursement shall be the Employee's home DSL
line.

     4.5. Vacations. Employee shall be entitled to 20 business days vacation for
the first  calendar  year  during the  Employment  Period and 25  business  days
vacation for each subsequent  calendar year during the Employment Period,  which
vacations  shall  be taken at such  time or  times  as  shall  not  unreasonably
interfere  with  Employee's  performance  of her duties  under  this  Agreement.
Employee shall be entitled to an additional five (5) personal days.

     4.6. Stock Options.  In order to provide further  incentive to Employee and
align the  interests  of Employee  with those of the  stockholders  of Employer,
Employer shall grant to Employee,  from time to time, options to purchase shares
of common stock of Employer,  par value per share $.01 (the "Common Stock"),  in
an amount  determined by the Company's board of directors or committee  thereof,
as the case may be. The  options  shall be granted  pursuant  to the  Employer's
existing Stock Option Plan consistent with the terms and conditions therein. The
options  shall  have such  other  terms and  conditions  as set forth in a stock
option  agreement.  Employer  shall  register  the sale of any  Common  Stock to
Employee  upon the  exercise  of any such  options  pursuant  to a  Registration
Statement on Form S-8, provided that Form S-8 is available to Employer under the
Securities  Act of 1933 and the  rules and  regulations  of the  Securities  and
Exchange Commission at the time Employee exercises such options.

5.   Termination of Employment Period.

     5.1. Voluntary Termination by Employee. Employee may, by notice to Employer
at any time during the Employment  Period,  voluntarily resign from Employer and
terminate the  Employment  Period.  The effective  date of such  termination  of
Employee from Employer  shall be the date that is thirty (30) days following the
date on which such notice is given.

     5.2. By Employer for Cause. Employer may, at any time during the Employment
Period,  by notice to Employee,  terminate the Employment Period for "Cause." As
used herein,  "Cause" shall mean (i) incompetence,  fraud,  personal dishonesty,
defalcation,  or acts of gross  negligence  or gross  misconduct  on the part of
Employee in the course of her  employment,  (ii) an  intentional  breach of this
Agreement  by Employee  that is injurious to  Employer,  (iii)  substantial  and
continued  failure by  Employee to perform her duties  hereunder,  (iv)  willful
failure  by  Employee  to follow the lawful  directions  of Gary  Granoff or the
Board,  (v) use of alcohol by Employee  or her  illegal use of drugs  (including
narcotics)  which in either  case is, or could  reasonably  expected  to become,
materially injurious to the reputation or business of Employer or which impairs,
or could reasonably be expected to impair,  the performance of Employee's duties

                                      -2-
<PAGE>

hereunder,  (vi) Employee's conviction by a court of competent  jurisdiction of,
or pleading "guilty" or "no contest" to, (x) a felony, or (y) any other criminal
charge (other than minor traffic  violations)  which has or could  reasonably be
expected to have a material adverse impact on Employer's reputation and standing
in the  community,  or (vii)  Employee's  violation of any of the  provisions of
Section 7 herein.  Any notice  given by Employer  pursuant  to Section  5.2(ii),
(iii), or (iv), above,  shall specify in writing in reasonable detail the nature
of  Employee's  action or  inaction  that is the cause for giving  such  notice.
Employee will have 30 days to cure, to the reasonable  satisfaction of Employer,
any action or inaction charged by Employer for Cause under (ii), (iii), or (iv),
above.  In the event of a termination of the  Employment  Period for Cause under
(i),  (v),  (vi),  or  (vii),  above,  the  Employment  Period  shall  terminate
immediately upon notice by Employer of termination for Cause. In all other cases
of a termination of the Employment Period for Cause, the Employment Period shall
terminate 30 days after such notice of termination  for Cause,  unless  Employee
has satisfactorily cured such actions or inactions.

     5.3. By Employee for Good Reason.

          (a) Employee may, at any time during the  Employment  Period by notice
     to Employer, terminate the Employment Period under this Agreement for "Good
     Reason" (as defined below).  For the purposes  hereof,  Employee shall have
     "Good  Reason" to terminate  employment  with Employer on account of any of
     the following events without Employee's  consent:  (i) any reduction in the
     Base Salary; (ii) Employer relocating its principal headquarters outside of
     a 30 mile radius from  Manhattan;  (iii) the failure of Employer to provide
     employee benefits  consistent with Section 4.3 herein, or (iv) a "Change in
     Control" (as defined below); provided,  however, that the circumstances set
     forth in this  Section  5.3 shall  not be Good  Reason if within 30 days of
     notice by Employee to  Employer,  Employer  cures such  circumstances.  The
     effective  date of such  termination of Employee from Employer shall be the
     date that is thirty  (30) days  following  the date on which such notice is
     given.

          (b) For purposes of this  Section 5.3, a "Change in Control"  shall be
     deemed to have  taken  place if any  "Person"  (as such term is  defined in
     Section 3(a)(9) of the Securities Exchange Act of 1934 (the "Exchange Act")
     and as used in Sections  13(d)(3) and 14(d)(2) of the Exchange Act) becomes
     a  "beneficial  owner" (as defined in Rule 13d-3 under the  Exchange  Act),
     directly or indirectly,  of securities of the Corporation  representing 50%
     or more  of the  combined  voting  power  of  Employer's  then  outstanding
     securities  eligible  to vote for the  election  of the Board (the  "Voting
     Securities"); provided, however, that the event described in this paragraph
     (b) shall not be deemed to be a Change in  Control  by virtue of any of the
     following  acquisitions:  (i) by Employer or any  subsidiary of Employer in
     which  Employer  owns more than 50% of the  combined  voting  power of such
     entity (a  "Subsidiary"),  (ii) by any  employee  benefit  plan (or related
     trust) sponsored or maintained by Employer or any Subsidiary,  (iii) by any
     underwriter temporarily holding Employer's Voting Securities pursuant to an
     offering of such Voting Securities,  or (iv) pursuant to any acquisition by
     Employee  or any  group  or  persons  including  Employee  (or  any  entity
     controlled by Employee or any group of persons including Employee).

     5.4. Disability.  During the Employment Period, if, as a result of physical
or mental  incapacity  or  infirmity,  Employee  shall be unable to perform  her
duties under this Agreement for (i) a continuous period of at least 120 days, or
(ii) periods  aggregating  at least 180 days during any period of 12 consecutive
months (each, a "Disability  Period"),  and at the end of the Disability  Period
there is no reasonable  probability that Employee can promptly resume her duties
hereunder, Employee shall be deemed disabled (the "Disability") and Employer, by
notice to Employee,  shall have the right to terminate the Employment Period for
Disability at, as of, or after the end of the Disability  Period.  The existence
of the  Disability  shall  be  determined  by a  reputable,  licensed  physician
selected  by  Employer in good  faith,  whose  determination  shall be final and
binding on the  parties;  provided,  however,  Employee  shall have the right to
select a licensed  physician to render a second  opinion as to the  existence of
the Disability. In the event the two physicians have different

                                      -3-
<PAGE>

opinions as to the  existence of the  Disability,  the Employer  shall  promptly
cause its then current  healthcare  provider to appoint a physician to render an
opinion, which opinion shall be final and binding on the parties. Employee shall
cooperate in all reasonable respects to enable an examination to be made by such
physician.  Notwithstanding the foregoing,  Employer may conclusively  determine
Employee  to be  disabled  and  terminate  the  Employment  Period on account of
Disability at any time after  Employee has commenced  receiving  benefits  under
Employer's long-term disability insurance policy.

     5.5.  Death.  The  Employment  Period  shall end on the date of  Employee's
death.

     5.6.  Any  termination  under  this  Section  5 shall  act as a  notice  of
non-renewal of this Agreement pursuant to Section 2 herein.

6.   Termination Compensation.

     6.1.  Termination for Good Reason by Employee.  If the Employment Period is
terminated  by Employee for Good Reason  pursuant to the  provisions  of Section
5.3,  hereof,  Employer will pay to Employee  Employee's Base Salary through the
date of termination and an amount equal to the sum of the Base Salary multiplied
by the  number of years  (and  fractional  portions  thereof)  remaining  in the
Employment  Period (the "Severance  Payment");  provided,  however,  the minimum
Severance  Payment to be paid to  Employee  hereunder  shall not be less than an
amount equal to two-and-one-half years of Employee's Base Salary as in effect at
the time this Agreement is terminated as provided herein. Employer shall have no
obligation  to continue  any other  benefits  provided for in Section 4 past the
date of termination.

     6.2. Certain Other Terminations.  If the Employment Period is terminated by
Employer  for Cause or on  account  of  Employee's  Disability  pursuant  to the
provisions  of Sections 5.2 or 5.4, or by death,  pursuant to the  provisions of
Section 5.5, Employer shall pay to Employee, within thirty (30) calendar days of
the date of termination,  Employee's Base Salary through the date of termination
and a pro-rated share of the discretionary bonus if already  determined.  In the
event  that the  Employment  Period is  terminated  by  Employer  on  account of
Disability  pursuant  to the  provisions  of Section  5.4 or on account of death
pursuant  to the  provisions  of  Section  5.5 and  provided  Employee  has been
employed for at least six months during the year of termination,  Employer shall
also pay to Employee a portion of a bonus for the year of termination based upon
the bonus paid, if any, for the immediately  preceding year prorated through the
date of  termination.  Employer  shall have no  obligation to continue any other
benefits provided for in Section 4 past the date of termination.

     6.3. Payment;  No Other Termination  Compensation.  Any payment pursuant to
this  Section  6 shall  be made in a lump sum  within  ten  (10)  business  days
following the date of such termination.  Employee shall not, except as set forth
in this Section 6, be entitled to any compensation  following termination of the
Employment Period.

7.   Non-Competition, Non-Solicitation.

     7.1.  Non-solicitation  of Employees.  The Employee  agrees that during the
term of the Employee's employment with the Employer and for a period of one year
thereafter, the Employee shall not directly recruit, solicit or otherwise induce
or attempt to induce any  employees of the Employer to leave the  employment  of
the Employer.

     7.2.  Non-competition.  The  Employee  agrees  that  during the term of the
Employee's  employment  with the  Employer,  the Employee  shall not directly or
indirectly,  except as a passive  investor in publicly held companies and except
for investments held at the date hereof, engage in competition with

                                      -4-
<PAGE>

the Employer or any of its subsidiaries, excluding those activities described in
Section  3.1  hereof,  or own or control any  interest  in, or act as  director,
officer or employee of, or consultant  to, any firm,  corporation or institution
directly engaged in competition with the Employer or any of its subsidiaries.

8.   Successors; Binding Agreement.

     This  Agreement  and all rights of  Employee  hereunder  shall inure to the
benefit of and be  enforceable  by  Employee  and  Employee's  personal or legal
representatives,  executors,  administrators,  successors,  heirs, distributees,
divisees,  and legatees. If Employee should die while any amounts would still be
payable to her hereunder if she had continued to live, all such amounts,  unless
otherwise  provided  herein,  shall be paid in accordance with the terms of this
Agreement to Employee's  devisee,  legatee, or other beneficiary or, if there be
no such beneficiary, to Employee's estate.

9.   Survivorship.

     The  respective  rights and  obligations  of the  parties  hereunder  shall
survive  any  termination  of this  Agreement  to the  extent  necessary  to the
intended preservation of such rights and obligations.

10.  Miscellaneous.

     10.1. Notices. Any notice,  consent, or authorization required or permitted
to be given pursuant to this Agreement shall be in writing and sent to the party
for or to whom  intended,  at the  address  of such  party set forth  below,  by
registered or certified mail, postage paid (deemed given five days after deposit
in the U.S.  mails) or  personally  delivered or sent by facsimile  transmission
(deemed  given upon  receipt),  or at such other  address as either  party shall
designate by notice given to the other in the manner provided herein.

          If to Employer:   Ameritrans Capital Corporation
                            747 Third Avenue, 4th Floor
                            New York, New York 10017
                            Attn: Gary Granoff, President

          If to Employee:   Ms. Silvia Mullens
                            38 Risk Avenue
                            Summit, New Jersey 07901

     10.2.  Taxes.  Employer is authorized to withhold (from any compensation or
benefits  payable  hereunder  to Employee)  such amounts for income tax,  social
security,  unemployment  compensation,  and other taxes as shall be necessary or
appropriate  in the  reasonable  judgment of Employer to comply with  applicable
laws and regulations.

     10.3.  Governing Law. This Agreement shall be governed by and construed and
enforced in accordance with the laws of the State of New York, without reference
to the principles of conflicts of laws therein.

     10.4.  Arbitration.   Any  dispute  or  controversy  arising  under  or  in
connection  with this Agreement  shall be settled  exclusively by arbitration in
the city in which  Employer's  main  corporate  headquarters  is then located in
accordance  with  the  rules of the  American  Arbitration  Association  then in
effect.  Judgment  may be entered on the  arbitration  award in any court having
jurisdiction.

                                      -5-
<PAGE>

     10.5. Headings. All descriptive headings in this Agreement are inserted for
convenience  only,  and shall be  disregarded  in  construing  or  applying  any
provision of this Agreement.

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

     10.7.  Severability.  If any  provision  of  this  Agreement,  or any  part
thereof,  is held to be unenforceable,  the remainder of such provision and this
Agreement,  as the case may be,  shall  nevertheless  remain  in full  force and
effect.

     10.8.  Entire  Agreement and  Representation.  This Agreement  contains the
entire agreement and understanding between Employer and Employee with respect to
the subject  matter  hereof.  No  representations  or  warranties of any kind or
nature relating to Employer or its several businesses, or relating to Employer's
assets, liabilities, operations, future plans, or prospects have been made by or
on behalf of Employer to Employee. This Agreement supersedes any prior agreement
between the parties relating to the subject matter hereof.

     10.9.  Validity.  The  invalidity or  unenforceability  of any provision or
provisions of this Agreement shall not affect the validity or  enforceability of
any other provision or provisions of this Agreement,  which shall remain in full
force and effect.  If any  provision  of this  Agreement  is held to be invalid,
void, or unenforceable in any  jurisdiction,  any court or arbitrator so holding
shall substitute a valid,  enforceable provision that preserves,  to the maximum
lawful extent, the terms and intent of such provisions of this Agreement. If any
of the  provisions  of, or covenants  contained in, this Agreement are hereafter
construed to be invalid or unenforceable in any jurisdiction, the same shall not
affect the  remainder of the  provisions  or the  enforceability  thereof in any
other jurisdiction,  which shall be given full force and effect,  without regard
to the  invalidity  or  unenforceability  in such other  jurisdiction.  Any such
holding  shall  affect  such  provision  of this  Agreement,  solely  as to that
jurisdiction,  without  rendering that or any other provisions of this Agreement
invalid,  illegal, or unenforceable in any other  jurisdiction.  If any covenant
should  be  deemed  invalid,  illegal,  or  unenforceable  because  its scope is
considered  excessive,  such  covenant will be modified so that the scope of the
covenant is reduced only to the minimum extent  necessary to render the modified
covenant valid, legal, and enforceable.

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

                                           AMERITRANS CAPITAL CORPORATION

                                        By: /s/ Gary Granoff
                                            ------------------------------------
                                            Gary Granoff

                                            ELK ASSOCIATES FUNDING CORPORATION

                                        By: /s/ Gary Granoff
                                            ------------------------------------
                                            Gary Granoff

                                            /s/ Silvia Mullens
                                            ------------------------------------
                                            Silvia Mullens

                                      -6-

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00033-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00033-of-00352.parquet"}]]