Document:

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                                                                   EXHIBIT 10(t)
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                             THE NETPLEX GROUP, INC.

                       EMPLOYEE DEFERRED COMPENSATION PLAN

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                             THE NETPLEX GROUP, INC.
                                TABLE OF CONTENTS

                                                                            Page
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SECTION 1  Introduction ..................................................    3

SECTION 2  Participation .................................................    5

SECTION 3  Contributions .................................................    5

SECTION 4  Benefit Accounts ..............................................    6

SECTION 5  Vesting of Account ............................................    6

SECTION 6  Distributions .................................................    7

SECTION 7  Distribution of Benefits ......................................    8

SECTION 8  Plan Administration ...........................................   10

SECTION 9  Amendment and Termination .....................................   11

SECTION 10  Miscellaneous ................................................   11

SECTION 11  Adoption .....................................................   13

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                             THE NETPLEX GROUP, INC.

                                    SECTION 1

                                  INTRODUCTION

1.1  Adoption. Pursuant to Section 11, The Netplex Group, Inc., ("NTPL") hereby
establishes the The Netplex Group, Inc. Employee Deferred Compensation Plan for
employees of The Netplex Group, Inc. as set forth herein.

1.2  Definitions. When the following terms are used herein with initial capital
letters, they shall have the following meanings:

     1.2.1 Annual Valuation Date--shall mean each December 31.

     1.2.2 Beneficiary--shall mean the person or persons designated by a
           Participant (or automatically by operation of the Plan) to receive
           the benefits payable under this Plan in the event of the
           Participant's death. A person so designated shall not be considered a
           Beneficiary until the death of the Participant.

     1.2.3 Benefit--shall mean NTPL shares distributed upon separation from
           employment, upon the two year anniversary of the Plan, or upon a
           Change of Control of NTPL, which ever is earlier.

     1.2.4 Benefit Account--shall mean an account specifically established by
           NTPL on behalf of a Participant, to which is credited the
           contributions made by NTPL on behalf of the Participant pursuant to
           the Participant's non-elective deferrals and those made by the
           Participant pursuant to his elective deferrals and converted into
           Share Units.

     1.2.5 CFO--Chief Financial Officer of NTPL.

     1.2.6 Code--shall mean the Internal Revenue Code of 1986, as amended, and
           includes any regulations thereunder.

     1.2.7 Compensation--shall mean all earnings from services rendered by the
           Employee to NTPL, including but not limited to the gross salary of
           the Employee, prior to any deduction for federal or state income tax,
           Social Security contributions, or pension plan contributions;
           subject, however, to the following:

           (a)  Pre-Participation Employment. Remuneration paid by NTPL
                attributable to periods prior to the date the Participant became
                a Participant in the Plan shall not be taken into account in
                determining the Participant's Compensation.

           (b)  Attribution to Periods. A Participant's Compensation shall be
                considered attributable to the period in which it is actually
                paid and not when earned or accrued; provided, however, amounts
                earned but not paid in a Plan Year because of the timing of pay
                periods and pay days may be included in the Plan Year when
                earned if these amounts are paid during the first few weeks of
                the next Plan Year, the amounts are included on a uniform and
                consistent basis with respect to all similarly situated
                Participants and no amount is included in more than one Plan
                Year.

           (c)  Excluded Periods. Amounts received after the Participant's
                termination of employment shall not be taken into account in
                determining a Participant's Compensation.

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     1.2.8   Deferral--shall mean the amount of Compensation not yet earned,
             which NTPL or the Participant shall defer in accordance with the
             provisions of the Plan.

     1.2.9   Disability--shall mean a medically determinable physical or mental
             impairment which: (i) renders the individual incapable of
             performing any substantial gainful employment, (ii) can be
             expected to be of longcontinued and indefinite duration or result
             in death, and (iii) is evidenced by a certification to this
             effect by a doctor of medicine approved by the Committee. In lieu
             of such a certification, the Committee may accept, as proof of
             Disability, the official written determination that the
             individual will be eligible for disability benefits under the
             federal Social Security Act as now enacted or hereinafter amended
             (when any waiting period expires). Notwithstanding the foregoing,
             no Participant will be considered to have a Disability unless
             such doctor's determination or official Social Security
             determination is received by the Committee within twelve (12)
             months after the Participant's last day of active work with NTPL.
             The Committee shall determine the date on which the Disability
             shall have occurred if such determination is necessary.

     1.2.10  Distribution--The delivery of a number of NTPL shares correspondent
             to total NTPL Share Units credited to a Participant's Benefit
             Account upon separation from employment, upon the two year
             anniversary of the Plan, or upon a Change of Control of NTPL,
             which ever is earlier. At the time of the Distribution, or a
             reasonable time thereafter, the Participant shall deliver to NTPL
             cash in an amount necessary to satisfy the applicable federal,
             state and local income and payroll taxes on the Distribution.

     1.2.11  Effective Date--shall mean that date identified in Section 11.

     1.2.12  Employee--shall mean any person who is employed by NTPL. The term
             shall also include leased co-employees of NTPL selected at the
             sole discretion of the Plan Administrator.

     1.2.13  Enrollment Date--shall mean the first day of a payroll period or
             such other dates as the Plan Administrator may designate.

     1.2.14  NTPL--shall mean The Netplex Group, Inc.

     1.2.15  Participant--shall mean an Employee of NTPL who is designated as
             eligible to participate in this Plan at the sole discretion of the
             Plan Administrator and has an account balance in his Benefit
             Account.

     1.2.16  Plan--shall  mean the deferred  compensation  plan maintained by
             NTPL established for the benefit of Participants eligible to
             participate therein, as set forth in this Plan, and is referred
             to as the "THE NETPLEX GROUP, INC. EMPLOYEE DEFERRED COMPENSATION
             PLAN."

     1.2.17  Plan Administrator--shall mean the person or persons appointed by
             NTPL under Section 8.1.

     1.2.18  Plan Year--shall mean the twelve (12) consecutive month period
             ending on the last day of December in each year.

     1.2.19  Rules of Interpretation. Whenever appropriate, words used herein
             in the singular may be read in the plural, or words used herein
             in the plural may be read in the singular; the masculine may
             include the feminine and the feminine may include the masculine;
             and the words "hereof," "herein" or "hereunder" or other similar
             compounds of the word "here" shall mean and refer to this entire
             Plan and not to any particular paragraph or Section of this Plan
             unless the context clearly indicates to the contrary. The titles
             given to the various Sections of this Plan are inserted for
             convenience of reference only and are

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             not part of this Plan, and they shall not be considered in
             determining the purpose, meaning or intent of any provision
             hereof. Any reference in this Plan to a statute or regulation
             shall be considered also to mean and refer to any subsequent
             amendment or replacement of that statute or regulation. This
             document has been executed and delivered in the State of Virginia
             and has been drawn in conformity to the laws of that State and
             shall, except to the extent that federal law is controlling, be
             construed and enforced in accordance with the laws of the State of
             Virginia.

     1.2.20  Share Unit--Conversion amount of credit given a Participant's
             Benefit Account equal to the value of one NTPL share.

                                    SECTION 2

                                  PARTICIPATION

2.1. Eligibility. Participation in the Plan may be granted to any employee or
leased co-employee of NTPL, selected by NTPL at its sole discretion, who has the
capacity of making a substantial contribution to the success of NTPL ("Eligible
Employee").

                                    SECTION 3

                                  CONTRIBUTIONS

3.1. Deferred Compensation.

     3.1.1 Non-elective Deferral. NTPL may defer a percentage of a Participant's
           compensation into his Benefit Account on a non-elective basis,
           periodically as earned. The amount and frequency of these
           non-elective deferrals shall be determined by the Plan Administrator.

     3.1.2 Elective Deferral. Participants may, at the discretion of the Plan
           Administrator, make a prospective, irrevocable election to receive
           Share Units in lieu of some or all of their unearned cash
           compensation; either bonus or base compensation. In order to avoid
           constructive receipt of the deferred compensation, an election to
           receive NTPL share units in exchange for yet-to-be earned
           compensation shall be made in writing prior to the beginning of
           the calendar quarter in which the Participant would otherwise
           have the unqualified right to receive the compensation, and not
           later than the 15th of the month immediately preceding the
           quarter to which the election pertains. An exception to this rule
           will be made in the first Plan year. In that case, elections to
           exchange cash compensation may be made in the same calendar
           quarter in which the Participant would have otherwise had an
           unqualified right to receive the cash compensation; so long as
           the election is made at least two (2) calendar weeks before said
           unqualified right to receive the cash compensation would have
           arisen. Elections pertaining to bonus compensation must be made
           at least one month prior to the date on which the Participant
           would obtain an unqualified right to receive the money.

     3.1.3 Primary Limitations. In any event, the minimum elective deferral
           shall be $5,000 per Plan Year, except in the first Plan Year or where
           an Employee becomes newly eligible during the Plan Year.

3.2. Leaves of Absence. A Participant's Elective and Non-elective Deferrals will
remain in effect during an approved leave of absence with Compensation.

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                                    SECTION 4

                                BENEFIT ACCOUNTS

4.1  Status. This Plan is an unfunded Employee Deferred Compensation Plan. It
does not provide for the deposit of actual NTPL shares into any Participant's
Benefit Account. Each Participant's deferred compensation shall be converted
into Share Units at a ratio to be determined at the sole discretion of the Plan
Administrator. The Plan Administrator shall credit each Participant's Benefit
Account with a corresponding number of Share Units. The Plan Administrator shall
track such Share Units credited to each Participant's Benefit Account from the
date of conversion until Distribution as described in Section 6 of the Plan.

4.2  Deferral of Compensation.

     4.2.1 Non-elective Deferrals. A percentage of each Participant's
           Compensation may be deferred on a periodic and mandatory basis. The
           Plan Administrator shall determine this percentage at its sole
           discretion.

     4.2.2 Elective Deferrals. Notwithstanding the mandatory non-elective
           deferrals, a Participant may, at the sole discretion of the Plan
           Administrator, elect to defer additional amounts of Compensation
           under the terms of the Plan. Both bonus and base compensation
           elective deferrals will be converted into Share Units periodically as
           they are earned, and in a manner that is administratively practicable
           for NTPL. The Plan Administrator shall track and Distribute NTPL
           shares converted from elective deferrals in exactly the same manner
           as non-elective deferrals.

4.3  Operational Rules. The Committee shall determine the circumstances under
which a particular Benefit Account may be established, the minimum or maximum
amount or percentage compensation to be contributed to a Benefit Account, the
procedures for making or changing deferral elections. Any amounts deferred
(including amounts previously deferred) under the Plan will not be considered
made available to the Participant solely because the Participant is permitted to
elect to increase his participation in the Plan.

4.4  Account Options. The Committee shall have the power, from time to time, to
dissolve Benefit Accounts, to direct that additional Benefit Accounts be
established and, under rules established by the Committee, to withdraw or limit
participation in a particular Benefit Account.

4.5  Valuation of Fund. The Plan Administrator shall value Each Benefit Account
from time to time, but not less frequently than each Annual Valuation Date. This
valuation shall reflect, as nearly as possible, the then fair market value of
the assets comprising such Benefit Account, based on the estimated fair market
value of NTPL stock.

                                    SECTION 5

                               VESTING OF ACCOUNT

5.1. Vested Benefit. A Participant shall be considered to be 100% vested in his
or her Benefit Account from the date of deferral unless otherwise determined by
the Plan Administrator. Any such restrictions must be communicated to Eligible
Employees prior to the deferral elections to which the restriction applies. For
purposes of this provision, the term "vested" means an interest in the benefit
described under the Plan which may be payable to or on behalf of the

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Participant in accordance with the terms of the Plan.

5.2. Limitation on Benefits. The benefits that may be payable to or on behalf of
a Participant under the Plan shall be equal to the amounts credited to the
Participant's Benefit Account in accordance with the terms of the Plan.

                                    SECTION 6

                                  DISTRIBUTIONS

6.1  Form of Distribution. Each Participant eligible for Benefits under the Plan
shall receive a number of NTPL shares equal to the corresponding number of Share
Units credited to the Participant's Benefit Account as of the date of
Distribution. The share Distribution shall be reduced by the minimum shares
necessary to satisfy the applicable federal, state and local income and payroll
taxes.

6.2  Distribution Requirements. A Participant may not receive a Distribution
under the Plan prior to the occurrence of a distributable event set forth in
this Section 6.2. Amounts credited to a Participant's Benefit Account shall
become distributable in accordance with Section 7 upon the earliest to occur of
the following events:

          (a)  the Participant's "separation from service" with NTPL, whether
               voluntary or involuntary, as determined in accordance with
               Section 6.3;

          (b)  a Change of Control in accordance with Section 6.4; or

          (c)  the two year anniversary of the adoption of this Plan as defined
               in Section 11 of this Plan.

6.3  Separation from Service. An Employee is separated from service with NTPL if
the employee:

          (a)  is either voluntarily or involuntarily relieved of his duties at
               NTPL;

          (b)  is retired from NTPL,

          (c)  becomes Disabled while an Employee of NTPL, as defined in Section
               1.2.9 of this Plan, or

          (d)  becomes deceased while still an Employee of NTPL.

6.4  Change of Control. A Change in Control occurs in any one of the following
ways:

          (a)  the merger or consolidation of NTPL with or into another
               unaffiliated entity, or the merger of another unaffiliated entity
               unto NTPL or any subsidiary thereof with the effect that
               immediately after such transaction the stockholders of NTPL
               immediately prior to such transaction hold less than fifty
               percent (50%) of the total voting power of all securities
               generally entitled to vote in the election of directors, managers
               or trustees of the entity surviving such merger or consolidation,

          (b)  the sale, lease or other transfer of all or substantially all of
               NTPL's assets to an unaffiliated person or group (as such term is
               used in Section 13(d)(3) of the Securities Exchange Act of 1934m
               as amended) or the sale or transfer of more than fifty-one
               percent (51%) of NTPL's then outstanding voting stock (other than
               in a restructuring transaction which results in the continuation
               of NTPL's business by an affiliated entity) to such persons or
               group, or

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          (c)  the adoption by NTPL's shareholders of a plan relating to the
               liquidation or dissolution of NTPL.

                                    SECTION 7

                            DISTRIBUTION OF BENEFITS

7.1. Timing of Distribution.

     7.1.1 Separation from Employment. In the event a Plan Participant separates
           from employment, all Benefits held in that Participant's Benefit
           Account as of the date of separation from employment shall be
           distributed within 30 days of separation from employment in one
           Distribution.

     7.1.2 Change of Control. In the event a Plan Participant continues
           employment beyond a Change of Control, all Benefits held in that
           Participant's Benefit Account as of the Change of Control shall be
           distributed in one Distribution within 30 days of the Change of
           Control.

     7.1.3 Adoption of Plan. In the event a Plan Participant continues
           employment beyond the two year anniversary of the Adoption of this
           Plan, all Benefits held in that Participant's Benefit Account as of
           the two year anniversary of the Adoption of this Plan shall be
           distributed in one Distribution on such anniversary.

7.2. Transfers From This Plan. Notwithstanding any provisions of this Plan to
the contrary, any part of a former Participant's Benefit Account may, instead of
being distributed in accordance with this Section 7, be transferred to another
deferred compensation plan in which the former Participant has become a
participant as a consequence of retaining employment with an acquiring entity of
NTPL, provided the acquiring entity's deferred compensation plan allows for such
a transfer.

7.3. Designation of Beneficiaries.

     7.3.1.  Right to Designate. Each Participant may designate, upon forms to
be furnished by and filed with the Plan Administrator, one or more primary
Beneficiaries or alternative Beneficiaries to receive all or a specified part of
such Participant's Benefit Account in the event of such Participant's death. The
Participant may change or revoke any such designation from time to time without
notice to or consent from any Beneficiary. No such designation, change or
revocation shall be effective unless executed by the Participant and received by
the Plan Administrator during the Participant's lifetime.

     7.3.2.  Failure of Designation. If a Participant:

     (a) fails to designate a Beneficiary,

     (b) designates a Beneficiary and thereafter revokes such designation
     without designating another Beneficiary, or

     (c) designates one or more Beneficiaries and all such Beneficiaries so
     designated fail to survive the Participant,

such Participant's Benefit Account, or the part thereof as to which such
Participant's designation fails, as the case

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may be, shall be payable to the Participant's surviving spouse, or, if no spouse
survives the Participant, then to the representative of the Participant's
estate.

          7.3.3.  Definitions. When used herein and, unless the Participant has
otherwise specified in the Participant's Beneficiary designation, when used in a
Beneficiary designation, "issue" means all persons who are lineal descendants of
the person whose issue are referred to, subject to the following:

         (a) a legally adopted child and the adopted child's lineal descendants
         always shall be lineal descendants of each adoptive parent (and of each
         adoptive parent's lineal ancestors);

         (b) a legally adopted child and the adopted child's lineal descendants
         never shall be lineal descendants of any former parent whose parental
         rights were terminated by the adoption (or of that former parent's
         lineal ancestors); except that if, after a child's parent has died, the
         child is legally adopted by a stepparent who is the spouse of the
         child's surviving parent, the child and the child's lineal descendants
         shall remain lineal descendants of the deceased parent (and the
         deceased parent's lineal ancestors);

         (c) if the person (or a lineal descendant of the person) whose issue
         are referred to is the parent of a child (or is treated as such under
         applicable law) but never received the child into that parent's home
         and never openly held out the child as that parent's child (unless
         doing so was precluded solely by death), then neither the child nor the
         child's lineal descendants shall be issue of the person.

"Child" means an issue of the first generation; "per stirpes" means in equal
shares among living children of the person whose issue are referred to and the
issue (taken collectively) of each deceased child of such person, with such
issue taking by right of representation of such deceased child; and "survive"
and "surviving" mean living after the death of the Participant.

          7.3.4.  Special Rules. Unless the Participant has otherwise specified
in the Participant's Beneficiary designation, the following rules shall apply:

         (a) If there is not sufficient evidence that a Beneficiary was living
         at the time of the death of the Participant, it shall be deemed that
         the Beneficiary was not living at the time of the death of the
         Participant.

         (b) If the Participant designates as a Beneficiary the person who is
         the Participant's spouse on the date of the designation, either by name
         or by relationship, or both, and thereafter the marriage between the
         Participant and such person is dissolved, annulled or otherwise legally
         terminated, then such person shall be deemed to have predeceased the
         Participant; provided, however, that if the Participant designates such
         person as a Beneficiary on a form executed by the Participant and
         received by the Plan Administrator after the date of the legal
         termination of the marriage between the Participant and such person,
         and during the Participant's lifetime, then such person shall not be
         deemed to have predeceased the Participant (unless such person shall
         have in fact predeceased the Participant).

         (d) Any designation of a nonspouse Beneficiary by name that is
         accompanied by a description of relationship to the Participant shall
         be given effect without regard to whether the relationship to the
         Participant exists either then or at the Participant's death.

         (e) Any designation of a Beneficiary only by statement of relationship
         to the Participant shall be effective only to designate the person
         standing in such relationship to the Participant at the Participant's
         death.

A Beneficiary designation is permanently void if it either is executed or is
filed by a Participant who, at the time of such execution or filing, is then a
minor under the law of the state of the Participant's legal residence. The
Committee shall be the sole judge of the content, interpretation and validity of
a purported Beneficiary designation.

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         7.3.5. Facility of Payment. In case of the legal disability, including
minority, of a Participant or Beneficiary entitled to receive any distribution
under the Plan, payment shall be made pursuant to Section 6.1, if the Committee
shall be advised of the existence of such condition:

         (a) to the duly appointed guardian, conservator or other legal
         representative of such Participant or Beneficiary, or

         (b) to a person or institution entrusted with the care or maintenance
         of the incompetent or disabled Participant or Beneficiary, provided,
         however, that such person or institution has satisfied the Committee
         that the payment will be used for the best interest and assist in the
         care of such Participant or Beneficiary, and provided further, that no
         prior claim for said payment has been made by a duly appointed
         guardian, conservator or other legal representative of such Participant
         or Beneficiary.

Any payment made in accordance with the foregoing provisions of this Section
shall constitute a complete discharge of any liability or obligation of NTPL and
the Committee.

                                    SECTION 8

                               PLAN ADMINISTRATION

8.1. Committee.

         8.1.1. Administrator. The administrator of the Plan shall be NTPL.
Except as hereinafter provided, NTPL shall appoint a Committee to act for and on
behalf of NTPL with respect to the administration of the Plan. The Committee may
delegate authority with respect to the administration of the Plan as herein
provided as it deems necessary or appropriate for the administration and
operation of the Plan.

         8.1.2.  Appointment and Removal. The members of the Committee shall
serve at the pleasure of NTPL and shall (unless NTPL determines otherwise)
consist of those persons designated by NTPL. Members of the Committee shall
serve without compensation.

         8.1.3. Automatic Removal. If any individual no longer satisfies the
requirements established by NTPL for serving on the Committee, then such
individual shall be automatically removed as a member of the Committee at the
earliest time such individual ceases to satisfy such requirements. This removal
shall occur automatically and without any requirement for action by NTPL or any
notice to the individual so removed.

         8.1.4. Authority. The Committee shall be authorized to act for and on
behalf of NTPL with respect to the administration and operation of the Plan. The
Committee shall have sole discretionary responsibility for the operation,
interpretation and administration of the Plan and for determining eligibility
for Plan benefits. Any benefits payable under this Plan will be paid only if the
Committee decides in its discretion that the applicant is entitled to them. Any
action taken on any matter within the discretion of the Committee shall be
final, conclusive and binding on all parties. In order to discharge its duties
hereunder, the Committee shall have the power and authority to adopt, interpret,
alter, amend or revoke rules and regulations necessary to administer the Plan,
to delegate ministerial duties and to employ such outside professionals as may
be required for prudent administration of the Plan.

         8.1.5 Indemnification. NTPL will indemnify and hold harmless each
current and former member of the Committee against any and all expenses and
liabilities arising out of such member's action or failure to act in such
capacity, excepting only expenses and liabilities arising out of such member's
own willful misconduct or gross negligence.

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8.2.    Conflict of Interest. If any Employee of NTPL to whom authority has been
delegated or redelegated hereunder shall also be a Participant in the Plan, such
Participant shall have no authority as such Employee or member with respect to
any matter specially affecting such Participant's individual interest hereunder
or the interest of a person superior to him or her in the organization (as
distinguished from the interests of all Participants and Beneficiaries or a
broad class of Participants and Beneficiaries), all such authority being
reserved exclusively to the other Employees or members as the case may be, to
the exclusion of such Participant, and such Participant shall act only in such
Participant's individual capacity in connection with any such matter.

8.3     Insolvency. If NTPL is Insolvent, no Benefits shall be payable under
this plan. NTPL shall be considered "Insolvent" for purposes of this Trust
Agreement if (1) NTPL is unable to pay its debts as they become due or (2) NTPL
is subject to a pending proceeding as a debtor as defined in Article 3(x)(1) of
the Federal Deposit Insurance Act.

8.4.    Spendthrift Provision. No Participant or Beneficiary shall have any
power to anticipate, alienate, dispose of, pledge or encumber any amounts
credited to any Benefit Account under the Plan, nor shall NTPL recognize any
assignment thereof, either in whole or in part, nor shall any amounts credited
to any Benefit Account under the Plan be subject to attachment, garnishment,
execution following judgment or other legal process.

The power to designate Beneficiaries to receive the amounts credited to the
Benefit Account of a Participant in the event of such Participant's death shall
not permit or be construed to permit such power or right to be exercised by the
Participant so as thereby to anticipate, pledge, mortgage or encumber such
Participant's Account or any part thereof, and any attempt of a Participant so
to exercise said power in violation of this provision shall be of no force and
effect and shall be disregarded by NTPL.

This Section shall not prevent NTPL from exercising, in its discretion, any of
the applicable powers and options granted to it upon the occurrence of a
distributable event described in Section 6.1, as such powers may be conferred
upon it by any applicable provision hereof.

                                    SECTION 9

                            AMENDMENT AND TERMINATION

9.1.    Amendment of Plan. NTPL shall have the right to amend the Plan, at any
time and from time to time, in whole or in part in the same manner as any other
action which may be taken by NTPL. NTPL shall notify the Participants of any
Plan amendment.

9.2.    Plan Termination. Although NTPL has established this Plan with the
intention and expectation to maintain the Plan indefinitely, NTPL may terminate
or discontinue the Plan in whole or in part at any time without any liability
for such termination or discontinuance. Upon Plan termination, all Deferrals
shall cease. Each Participant's Benefit Account shall remain in tact until
Distribution of Benefits commences pursuant to Section 7.

                                   SECTION 10

                                  MISCELLANEOUS

10.1.   Claims Procedure. Until modified by the Committee, the claims procedure
set forth in this Section 10.1 shall be the claims procedure for the resolution
of disputes and disposition of claims arising under the Plan. An application for
a Distribution under Section 7 shall be considered as a claim for the purposes
of this Section.

        10.1.1. Original Claim. Any Employee, former Employee, or Beneficiary of
such Employee or former

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Employee may, if the Employee, former Employee or Beneficiary so desires, file
with the Committee a written claim for Benefits under the Plan. Within ninety
(90) days after the filing of such a claim, the Committee shall notify the
claimant in writing whether the claim is upheld or denied in whole or in part or
shall furnish the claimant a written notice describing specific special
circumstances requiring a specified amount of additional time (but not more than
one hundred eighty days from the date the claim was filed) to reach a decision
on the claim. If the claim is denied in whole or in part, the Committee shall
state in writing:

         (a) the specific reasons for the denial,

         (b) the specific references to the pertinent provisions of this Plan on
             which the denial is based,

         (c) a description of any additional material or information necessary
             for the claimant to perfect the claim and an explanation of why
             such material or information is necessary, and

         (d) an explanation of the claims review procedure set forth in this
             Section.

         10.1.2.  Claims Review Procedure. Within sixty (60) days after receipt
of notice that the claim has been denied in whole or in part, the claimant may
file with the Committee a written request for a review and may, in conjunction
therewith, submit written issues and comments. Within sixty (60) days after the
filing of such a request for review, the Committee shall notify the claimant in
writing whether, upon review, the claim was upheld or denied in whole or in part
or shall furnish the claimant a written notice describing specific special
circumstances requiring a specified amount of additional time (but not more than
one hundred twenty days from the date the request for review was filed) to reach
a decision on the request for review.

         10.1.3.  General Rules.

         (a) No inquiry or question shall be deemed to be a claim or a request
         for a review of a denied claim unless made in accordance with the
         claims procedure. The Committee may require that any claim for benefits
         and any request for a review of a denied claim be filed on forms to be
         furnished by the Committee upon request.

         (b) All decisions on claims and on requests for a review of denied
         claims shall be made by the Committee.

         (c) The Committee may, in its discretion, hold one or more hearings on
         a claim or a request for a review of a denied claim.

         (d) Claimants may be represented by a lawyer or other representative at
         their own expense, but the Committee reserves the right to require the
         claimant to furnish written authorization. A claimant's representative
         shall be entitled to copies of all notices given to the claimant.

         (e) The decision of the Committee on a claim and on a request for a
         review of a denied claim shall be served on the claimant in writing. If
         a decision or notice is not received by a claimant within the time
         specified, the claim or request for a review of a denied claim shall be
         deemed to have been denied.

         (f) Prior to filing a claim or a request for a review of a denied
         claim, the claimant or the claimant's representative shall have a
         reasonable opportunity to review a copy of this Plan and all other
         pertinent documents in the possession of NTPL and the Committee.

         (g) The Committee may, in its discretion, rely upon any applicable
         statute of limitations as a basis for denial of any claim.

                                       12

<PAGE>

       10.1.4. Exhaustion of Administrative Remedies. No Employee, former
Employee, or Beneficiary of such Employee or former Employee may commence any
legal action to recover Plan benefits or to enforce or clarify rights under the
Plan, or under any provisions of law, whether or not statutory, until the claims
and review procedures set forth herein have been exhausted in their entirety.

10.2.  Information Furnished by Participants. Neither NTPL nor the Committee
shall be liable or responsible for any error in the computation of the Benefit
Account of a Participant resulting from any misstatement of fact made by the
Participant, directly or indirectly, to NTPL or the Committee and used by them
in determining the Participant's Benefit Account. Neither NTPL nor the Committee
shall be obligated or required to increase the Benefit Account of such
Participant which, on discovery of the misstatement, is found to be understated
as a result of such misstatement of the Participant. However, the Account of any
Participant which is overstated by reason of any such misstatement shall be
reduced to the amount appropriate for the Participant in view of the truth and
such amount shall be allocated and reallocated to the Benefit Account of the
Participants in the Plan.

10.3.  Term of Employment. Neither the terms of this Plan nor the benefits
hereunder nor the  continuance  thereof shall be a term of the employment of any
Employee. NTPL shall not be obliged to continue the Plan. The terms of this Plan
shall not give any Employee the right to be retained in the employment of NTPL.

10.4.  Representations. NTPL does not represent or guarantee that any particular
federal or state income, payroll, personal property or other tax consequence
will result from participation in this Plan. A Participant should consult with
professional tax advisors to determine the tax consequences of participation.
Furthermore, NTPL does not represent or guarantee successful investment of
Deferrals and shall not be required to restore any loss which may result from
such investment or lack of investment.

10.5.  Severability. If a court of competent jurisdiction holds any provision of
this Plan to be invalid or unenforceable, the remaining provisions of this Plan
shall continue to be fully effective.

10.6.  Applicable Law. This Plan shall be construed in accordance with
applicable federal law and, to the extent otherwise  applicable, the laws of the
State of Virginia.

                                   SECTION 11

                                    ADOPTION

Execution of this document serves to effectuate the existence of this The
Netplex Group, Inc. Deferred Compensation Plan.

         IN WITNESS WHEREOF, this The Netplex Group, Inc. Deferred Compensation
Plan is duly executed by NTPL, effective as of August 6, 2001.

                                  By: __________________________________________

                                Title: _________________________________________

                                Signature: _____________________________________

                                 Date: _________________________________________

                                       13<PAGE>

                                                                   EXHIBIT 10(u)

                        SETTLEMENT AGREEMENT AND RELEASE

          This Settlement Agreement and Release (the "Agreement and Release")
entered into on December 28, 2001, by and between DATA SYSTEMS ANALYSTS, INC.,
its parent, subsidiaries, divisions, principals, officers, directors, employees,
and agents, and THE NETPLEX GROUP, INC. and TECHNOLOGY DEVELOPMENTS SYSTEMS,
INC., their respective parents, subsidiaries, and divisions, and as to each,
their principals, officers, directors, employees and agents, successors and
assigns.

          WHEREAS, Data Systems Analysts, Inc. ("DSA") filed a lawsuit against
The Netplex Group, Inc. ("Netplex"), Technology Development Systems, Inc.
("TDS") and XcelleNet, Inc. ("XcelleNet") on September 4, 1997, alleging, inter
alia, breach of contract and copyright infringement against Netplex and TDS
(hereinafter collectively referred to as "Netplex"); and

          WHEREAS, Netplex filed certain counterclaims against DSA in response
to this lawsuit; and

          WHEREAS, DSA and Netplex have now agreed to a settlement of all claims
between them regarding this lawsuit and to stipulate to entry of Joint Dismissal
with Prejudice;

          NOW THEREFORE, in consideration of the mutual covenants contained
herein and for other valuable consideration, the receipt and sufficiency of
which is hereby acknowledged, and intending to be legally bound hereby, the
parties hereby agree as follows:

          A.       PAYMENT PROVISIONS AND SCHEDULE
                   -------------------------------

                   1.     Immediate Transfer of Tavve Stock

                   Upon the signing of this Settlement Agreement and Release,
Netplex shall transfer to DSA all right, title and interest in all of its shares
of the capital stock of Tavve Software Company (the "Tavve Stock"), including,
without limitation all dividends, rights to

<PAGE>

dividends, repurchases, share-splits and all other rights of the shareowners
thereof as of May 10, 2001, free and clear of all encumbrances and liens, and
shall deliver to DSA one or more stock certificates representing such shares,
duly endorsed in blank by Netplex, or accompanied by stock powers duly endorsed
in blank by Netplex, and shall take any and all other necessary steps within its
power to cause DSA to become the owner of record of the Tavve Stock. Netplex
represents and warrants that the number of shares to be transferred are 125,000,
that the exact name of issuer is Tavve Software Company, and that shares are
free and clear of liens.

          2.        Payment Obligations of Netplex.

                    In addition to the transfer of the Tavve Stock pursuant to
paragraph A.1 hereof, Netplex hereby agrees to pay to DSA One Million Four
Hundred Thousand Dollars (US $1,400,000) (collectively referred to herein as the
"Obligations") as follows:

                   (a) Payment of $900,000 on or before December 31, 2001

                   On or before December 31, 2001, Netplex shall pay in cash to
DSA Nine Hundred Thousand Dollars (US $900,000), and, if Netplex fails to make
such payment by December 31, 2001, it shall pay in cash to DSA on or before
March 31, 2002, $900,000 plus interest, commencing January 1, 2002, at a per
annum rate equal to the Prime Rate as published in the "Money Rates" section of
the first edition, after January 1, 2002, of The Wall Street Journal, or any
successor publication, or in the event that such rate is no longer published in
The Wall Street Journal, a comparable index or reference selected by DSA, plus 3
percentage points (the "Interest Rate"); provided, however, that such interest
rate shall not be less than six percent (6%). Payment shall be made by Wire or
Cashier's or Certified Check made payable to "Data Systems Analysts, Inc." and
delivered to the undersigned counsel for DSA, or such bank

<PAGE>

account as such counsel shall direct.

               (b) Payment of Additional $250,000 on or before June 30, 2002

               On or before June 30, 2002, Netplex shall pay in cash to DSA an
additional Two Hundred Fifty Thousand Dollars (US $250,000). Payment of the
additional $250,000 shall be made by Wire or Cashier's or Certified Check made
payable to "Data Systems Analysts, Inc." and delivered to the undersigned
counsel for DSA, or such bank account as such counsel shall direct.

               (c) Payment of Additional $250,000 on or before December 31, 2002

               On or before December 31, 2002, Netplex shall pay in cash to DSA
an additional Two Hundred Fifty Thousand Dollars (US $250,000). Payment of the
additional $250,000 shall be made by Wire or Cashier's or Certified Check made
payable to "Data Systems Analysts, Inc." and delivered to the undersigned
counsel for DSA, or such bank account as such counsel shall direct.

          3.   Acceleration of Payments

               (a) Netplex represents, warrants, covenants and agrees that at
and upon the closing of any transaction involving any sale, transfer, pledge
or other disposition of all or any material amount of the assets of Netplex's
Systems Integration Business, currently based in Charlotte (the "SI Business"),
including, without limitation, the Rights Offering (hereinafter defined) (any ~
such transaction to be referred to herein as a "Sale of the SI Business"), the
payment schedule outlined in paragraph A.2 shall become immediately accelerated
and due and payable as described in paragraph A.3(b) hereof.

<PAGE>

               (b) Netplex has made DSA aware of Netplex's intention to issue a
rights offering to its existing shareholders (the "Rights Offering"), which will
enable these shareholders to purchase common stock in a new company that will be
named "Netplex Systems, Inc." (the "New Company") that will include, among other
assets, the SI Business. This Rights Offering is expected to be made as soon as
market conditions allow. With respect to any proceeds generated by the Rights
Offering or any other Sale of the SI Business, the parties agree as follows:

                   (i) Within twenty-four (24) hours of the receipt of the
proceeds of the Rights Offering or any other Sale of the SI Business into its
account, Netplex agrees to pay to DSA a sum equal to 50% of the cash proceeds,
less expenses and commissions in the event of the Rights Offering, excluding the
first One Million Dollars ($1,000,000) received by the New Company or Netplex,
as the case may be, up to a maximum cash payment to DSA of Seven Hundred
Thousand Dollars ($700,000). Payment of the amount referenced in this paragraph
shall be made by Wire or Cashier's or Certified Check made payable to "Data
Systems Analysts, Inc." and delivered to the undersigned counsel for DSA, or
such bank account as such counsel shall direct.

                   (ii) On or before March 31, 2002, Netplex agrees to make a
further cash payment to DSA in the amount of the difference between the amount
received by DSA in accordance with paragraph A.3.(b)(i) hereof and Nine Hundred
Thousand Dollars ($900,000). On or before June 30, 2002 and December 31, 2002,
Netplex agrees to make the additional payments required in accordance with
paragraphs A.2(b) and A.2(c) hereof. Payment of the amount referenced in this
paragraph shall be made by Wire or Cashier's or Certified

<PAGE>

Check made payable to "Data Systems Analysts, Inc." and delivered to the
undersigned counsel for DSA, or such bank account as such counsel shall direct.

               (c)  In the event that the Rights Offering is not completed or
fails to generate proceeds net of commissions and expenses of more than One
Million Dollars (US $1,000,000) or no other Sale of the SI Business occurs,
Netplex is bound to meet the payment schedule outlined in paragraph A.2 hereof.

          4.   Security Interest in Sale of SI Business

          As a condition of this Agreement and Release, Netplex hereby grants to
DSA a security interest as follows:

               (a) In the event that the Rights Offering is unsuccessful
pursuant to this paragraph A.4(a), Netplex and its affiliate, New Company,
individually, collectively and jointly and severally hereby grant to DSA a
security interest in and lien on all proceeds from the sale of the SI Business
which shall remain in effect throughout the period that Netplex's payment
obligations remain outstanding. For the purposes of this. Agreement and Release
and the Security Agreement, the Rights Offering shall be deemed "unsuccessful"
if any one of the following events occurs: (i) the Rights Offering is not
completed by 4:30 p.m. (Philadelphia, Pennsylvania time) on March 31, 2002; or
(ii) the Rights Offering for any reason does not generate proceeds net of
commissions and expenses of more than One Million Dollars ($1,000,000), and the
Rights Offering shall be deemed "successful" only if it is completed by 4:30
p.m. (Philadelphia, Pennsylvania time) on March 31, 2002 and generates proceeds
net of commissions and expenses of more than One Million Dollars ($1,000,000).
The security interest and lien on these proceeds shall be governed by the terms
and conditions set forth in the

<PAGE>

Security Agreement attached hereto as Exhibit A and made a part hereof (the
"Security Agreement"), which the parties shall execute and deliver concurrently
with the execution and delivery of this Agreement and Release. Netplex hereby
represents, warrants, covenants and agrees that the Security Agreement duly
executed by Netplex and its affiliate, New Company, and the UCC-1 Financing
Statements, to be filed in connection therewith, will be sufficient to create in
favor of DSA a valid perfected security interest in the proceeds of sale of the
SI Business securing Netplex's repayment Obligations. Netplex further
represents, warrants, covenants and agrees that the security interest and lien
granted to DSA in this Agreement and Release will be a first priority security
interest, subject only to a prior security interest in favor of American
Commercial Finance Corporation ("ACFC"), pursuant to that certain Commercial
Revolving Loan, Demand Loan and Security Agreement dated as of April 27,2001, by
and between New Company and ACFC (the "ACFC Credit Facility"), securing
indebtedness (or successor lender indebtedness) not exceeding $3,000,000 as of
the date hereof, and a prior security interest granted by Netplex in favor of
Waterside Capital Corporation (or its successor) ("Waterside") not exceeding
$1,054,697.45, and a prior security interest granted by New Company in favor of
Waterside not exceeding $400,000, and any employment wages earned as of the date
hereof. Notwithstanding the foregoing, the security interest granted herein by
the New Company to DSA shall only become effective as to the New Company in the
event the Rights Offering is deemed unsuccessful pursuant to this paragraph
A.4(a).

               (b)  In the event that the Rights Offering is deemed successful
pursuant to paragraph A.4(a) hereof, Netplex agrees to deposit in escrow for the
benefit of DSA, pursuant to an Escrow Agreement with an independent third party
Escrow Agent in the form of Exhibit B attached hereto and made a part hereof,
within twenty-four (24) hours of the receipt of

<PAGE>

the proceeds of the Rights Offering into Netplex's account, either, or a
combination of, the following, at Netplex's election:

                   (i) a cash amount equal to 100% of the total remaining
balance at that time due and owing to DSA (i.e., $1,400,000 less the amount paid
to DSA within twenty-four (24) hours of the receipt of the proceeds of the
Rights Offering into Netplex's account pursuant to paragraph A.3(b)(i) hereof)
or

                   (ii) certificate(s) representing duly authorized, validly
issued, fully paid and nonassessable shares of stock in the New Company with a
total market value equal to 110% of the total remaining balance at that time due
and owing to DSA, which certificates have been registered in the name of the
Lender or indorsed in the name of the Lender or in blank by an effective
indorsement (i.e., $1,400,000 less the amount paid to DSA within twenty-four
(24) hours of the receipt of the proceeds of the Rights Offering into Netplex's
account pursuant to paragraph A.3(b)(i) hereof multiplied by a factor of
110%)(the "New Company Stock").

               (c) In the event that, pursuant to the paragraph A.4(b)(ii),
Netplex chooses to deposit some of the amount of the New Company Stock into
escrow as DSA's security, the parties agree to perform a quarterly revaluation
of the market value of the New Company Stock in escrow.

                   (i) For purposes of this Agreement and Release, "market
value" of the New Company Stock will be defined as the average of the closing
prices of the New Company Stock on the national market system in which it trades
for the last twenty (20) days of any quarter. If the New Company Stock is not
listed or traded on a national market system for the last four (4) days of any
quarter, then the market value will be

<PAGE>

determined by an investment banker selected by the parties. If the parties
cannot agree on an investment banker, then each party will select one investment
banker, and these two investment bankers will together choose a third investment
banker who will determine the market value of the New Company Stock. The parties
hereto agree that each party shall bear all costs associated with the investment
banker selected by such party, and, if necessary, the parties shall also share
equally the cost of the third investment banker selected by the parties'
respective investment bankers, for the determination of the market value of the
New Company Stock pursuant to this paragraph A.4(b)(i).

                   (ii) If the market value of the New Company Stock decreases,
Netplex must add additional shares of the New Company Stock to the escrow
account so that the value of the New Company Stock plus any cash in DSA's escrow
account will begin each calendar quarter with a total market value equal to 110%
of the total remaining balance at that time due and owing to DSA. If the market
price of the New Company Stock increases, Netplex may remove shares of the New
Company Stock from the escrow account, but in no event may Netplex begin a
calendar quarter with the total value of the New Company Stock plus any cash in
DSA's escrow account being valued at less than 110% of the total remaining
balance at that time due and owing to DSA.

          5.   Assignment of Interest in Lawsuit Asserted Against Larry Hoffman
               and/or law firm Olshan Gundner Frome Rosenzweig & Wolosky LLP

     Netplex agrees to assign to DSA a one-half interest in the net proceeds of
any lawsuit asserted against Netplex's former counsel (the "Lawsuit"), Larry
Hoffman and/or his law firm Olshan Gundner Frome Rosenzweig & Wolosky LLP
(collectively, the "Olshan firm"), which

<PAGE>

Netplex and DSA further agree shall be undertaken on a contingent fee basis. Net
proceeds shall be determined by deducting from gross proceeds all of the
following: (i) all receivable attorneys fees; (ii) the Lawsuit Cost and Expenses
(hereinafter defined); and (iii) and other fees, costs and expenses incurred as
a result of undertaking legal action whether expended as cash outlays or as time
spent by the individuals listed in this paragraph 5 (the "Net Proceeds"). The
expenses of such a lawsuit, including, but not limited to, consultant and expert
witness fees and reasonable and justified time spent by management of DSA, and
Gene Zaino on behalf of Netplex, will be deducted from the proceeds before any
net is distributed. Netplex and DSA hereby agree that any out-of-pocket costs
and expenses of the litigation (the "Lawsuit Costs and Expenses") shall be borne
by DSA but shall be repaid at a rate of $2 for every $1 expended by DSA as soon
as there is any recovery; provided, however, that the Lawsuit Costs and Expenses
                          --------  -------
to be repaid to DSA from any recovery shall not include any attorneys fees
incurred by DSA in connection with the Lawsuit other than the fees of attorneys
who DSA retains solely for the purpose of rendering an expert opinion or giving
expert testimony in the Lawsuit. DSA management and Gene Zaino will be billed at
the following hourly rate:

          Fran Pierce: $275/hour
          Roger Salomon: $275/hour
          Mike McCool: $275/hour
          Gene Zaino: $275/hour

          Notwithstanding these rates, the parties agree that in no event will
DSA's claims for hourly reimbursement exceed two times that of Netplex's claim.
The parties agree that DSA will take the lead in the prosecution of such a
lawsuit and may retain such counsel as DSA selects. The parties further agree
that Gene Zaino and Netplex, as well as any successors and assigns,

<PAGE>

will cooperate fully and participate as parties as deemed necessary by DSA in
its sole discretion. DSA agrees to send a demand letter to the Olshan firm
within 45 days of the signing of this Agreement and Release, and further agrees
that it will commence the legal action within 180 days of the signing of this
Agreement and Release; otherwise the foregoing assignment shall be null and
void.

          Notwithstanding the foregoing, Netplex shall receive no less than
forty percent (40%) of the Gross Proceeds less only reasonable attorneys' fees.

          B.       CONDITIONS PRECEDENT
                   --------------------

                   1.      Conditions to Effectiveness.

                   The effectiveness of Agreement and Release is subject to the
satisfaction of the following conditions precedent:

                           (a)      Settlement Documents. DSA shall have
                                    --------------------
received, executed and delivered by a duly authorized officer of Netplex, the
following documents: (i) this Agreement and Release, (ii) the Security
Agreement, (iii) the Escrow Agreement, and (iv) such other documents as may be
reasonably required by DSA (referred to herein collectively as the "Settlement
Documents").

                           (b)      Certifications. DSA shall also have received
                                    --------------
the following documents: (i) a Certification of Authority executed by the
Assistant Secretary of Netplex, dated as of the date hereof, certifying the
incumbency and signature of the officers of Netplex executing this Agreement and
Release and all other documents to be delivered by them pursuant hereto,
together with evidence of the incumbency of such Secretary and corporate
resolutions of Netplex, certified by the secretary, authorizing and approving
the Agreement and Release and

<PAGE>

the other Settlement Documents; (ii) a certificate of the Secretary of State of
the State under the laws of which Netplex, New Company and TDS are respectively
organized, dated as of a date within 30 days of the date hereof, verifying that
each of Netplex, New Company and TDS are duly organized, validly existing and
subsisting, and in good standing under the laws of such State; (iii) a written
representation and warranty from Netplex that neither Netplex, New Company nor
TDS are currently in default on any tax obligation to any federal, state, or
local government, or on any other lease or other obligation.

          C.       EVENTS OF DEFAULT
                   -----------------

         The occurrence of any one or more of the following shall constitute an
"Event of Default" hereunder, if, after being given written notice from DSA and
a subsequent fifteen (15) calendar day grace period, Netplex fails to cure the
event described below:

                   1.      Netplex's Failure to Pay.

                   Netplex shall fail to pay any amount when due under this
Agreement and Release, whether upon stated maturity, acceleration, or otherwise.

                   2.      Breach of Covenants or Conditions.

                   Netplex shall fail to perform or observe any other covenant,
term, agreement or condition in this Agreement and Release (other than those
described in paragraph C.1 hereof) or the Security Agreement or is in violation
of or non-compliance with any provision of this Agreement and Release or any
other Settlement Document after the expiration of any cure period, if any, set
forth herein or therein.

                   3.      Defaults in Other Material Agreements.

                   There shall occur any default under, or as defined in, any
other material

<PAGE>

agreement applicable to Netplex or by which Netplex is bound, including, without
limitation, the ACFC Credit Facility, which shall not be remedied within the
period of time (if any) within which such other agreement permits such default
to be remedied, unless such default is waived by the other party thereto or
excused as a matter of law. Netplex hereby agrees to notify DSA in writing
within five (5) calendar days of it learning of the occurrence of any of the
events described in this paragraph.

                   4.      Agreements Invalid.

                   The validity, binding nature of, or enforceability of any
material term or provision of any of the Settlement Documents is disputed by, on
behalf of, or in the right or name of Netplex or any material term or provision
of any such Settlement Document is found or declared to be invalid, avoidable,
or non-enforceable by any court of competent jurisdiction. Netplex hereby agrees
to notify DSA in writing within five (5) calendar days of it learning of the
occurrence of any of the events described in this paragraph.

                   5.      False Warranties; Breach of Representations.

                   Except as otherwise disclosed to DSA in writing prior to the
date hereof, any warranty or representation made by Netplex in this Agreement
and Release or any other Settlement Document or in any certificate or other
writing delivered under or pursuant to this Agreement and Release or any other
Settlement Document, or in connection with any provision

of this Agreement and Release or related to the transactions contemplated hereby
shall prove to have been false or breached in any material respect. Netplex
hereby agrees to notify DSA in writing within five (5) calendar days of it
learning of the occurrence of any of the events described in this paragraph.

                   6.      Bankruptcy.

                           (a) Netplex, and/or any one or more of its
subsidiaries, commences any

<PAGE>

bankruptcy, reorganization, debt arrangement, receivership, or other case or
proceeding under any bankruptcy, insolvency or receivership law, or any
dissolution or liquidation proceeding.

                           (b)      Any bankruptcy, reorganization, debt
arrangement, receivership, or other case or proceeding under any bankruptcy,
insolvency or receivership law, or any dissolution or liquidation proceeding, is
involuntarily commenced against or in respect of Netplex, and/or any one or more
of its subsidiaries, or an order for relief is entered in any such proceeding
and such case or proceeding is not fully and finally dismissed within thirty
(30) days.

                           (c)      A trustee, receiver, or other custodian is
appointed for Netplex, and/or any one or more of its subsidiaries, or a
substantial part of any of its or their assets.

                           (d)      Netplex hereby agrees to notify DSA in
writing within five (5) calendar days of it learning of the occurrence of any of
the events described in this "Bankruptcy" section.

                   7.      Failure to Pay Taxes.

                   Netplex shall fail to pay when due any tax, assessment or
other governmental charge as and when due (after any protest that might be made
to) to the appropriate governmental entity. Netplex hereby agrees to notify DSA
in writing within five (5) calendar days of it learning of the occurrence of any
of the events described in this paragraph

                   8.      Event of Default Under Other Settlement Documents.

                   Any default or Event of Default shall occur under any of the
Settlement Documents. Netplex hereby agrees to notify DSA in writing within five
(5) calendar days of it learning of the occurrence of any of the events
described in this paragraph.

          D.       ACCELERATION CLAUSE
                   -------------------

                   1.      Upon the occurrence of an Event of Default described
in Section C hereof, the Obligations of Netplex hereunder shall be accelerated
and shall become immediately due and payable, and

<PAGE>

Netplex shall be immediately liable to pay to DSA the amount of any remaining
Obligations, plus a penalty of fifteen percent (15%) added to the sum due on the
date such Event of Default, plus the amount of DSA's counsel fees, costs,
damages and any other expenses incurred in enforcing the terms of this Agreement
and Release; upon the occurrence of an Event of Default, DSA may foreclose upon
its security interest in the collateral in order to recover the payments due.

                   2.      No acceleration of the Obligations of Netplex in the
previous paragraph shall become due until DSA has given Netplex written notice
of an Event of Default and Netplex has been given fifteen (15) calendar days to
cure any such Default.

          E.       REMEDIES

          Upon the occurrence of an Event of Default and at any time thereafter,
DSA shall have and may exercise any or all of the remedies provided for herein
and/or in any other Settlement Document or under applicable law.

          F.       CONFESSION OF JUDGEMENT

          In order to ensure the prompt and timely payment of all monies due and
owing to DSA, as well as effective and prompt transfer of interests described
herein, the parties hereby agree that Netplex shall sign a Confession of
Judgment in the amount of One Million Four Hundred Thousand Dollars
(US$1,400,000) less any payments actually received by DSA from Netplex at the
time of the execution of the Confession of Judgment, plus a fifteen (15%)
percent penalty added to the sum due on the date such Event of Default, plus the
amount of DSA's counsel fees, costs, damages and any other expenses incurred in
enforcing the terms of this Agreement and Release. The parties agree that this
Confession of Judgment shall be held by DSA and shall not be filed with any
Court unless and until Netplex fails to perform any of its obligations as set
forth in this Agreement and Release, and that it shall be returned to Netplex
upon the satisfaction of all of its obligations under this Agreement and
Release. A copy of the Confession of Judgment is annexed hereto as

<PAGE>

Exhibit "C".

NETPLEX IS FULLY AWARE OF ITS RIGHTS TO PRIOR NOTICE AND HEARING ON THE VALIDITY
OF ANY CLAIMS THAT MAY BE ASSERTED AGAINST IT BY DSA BEFORE JUDGMENT CAN BE
ENTERED AND BEFORE ASSETS OF NETPLEX CAN BE GARNISHED AND ATTACHED; AND NETPLEX
HEREBY KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVES THESE RIGHTS AND
EXPRESSLY AGREES AND CONSENTS TO DSA, UPON THE OCCURRENCE OF AN EVENT OF
DEFAULT, OR AT ANY TIME THEREAFTER, ENTERING JUDGMENT AGAINST NETPLEX BY
CONFESSION AND ATTACHING AND GARNISHING THE BANK ACCOUNTS AND OTHER ASSETS OF
NETPLEX, WITHOUT PRIOR NOTICE OR OPPORTUNITY FOR A HEARING.

NETPLEX ACKNOWLEDGES THAT IT HAS HAD THE ASSISTANCE OF LEGAL COUNSEL OF ITS
CHOICE IN THE NEGOTIATION, DOCUMENTATION, REVIEW AND EXECUTION OF THIS AGREEMENT
AND RELEASE AND FURTHER ACKNOWLEDGES THAT THE MEANING AND EFFECT OF THE
FOREGOING PROVISIONS CONCERNING CONFESSION OF JUDGMENT HAVE BEEN FULLY EXPLAINED
TO NETPLEX BY SUCH LEGAL COUNSEL.

          G.       RELEASE OF CLAIMS
                   -----------------

          Effective upon receipt of an original of this Agreement and Release
executed by Netplex, execution of the Joint Dismissal with Prejudice by a Judge
of the United States District Court for the District of New Jersey, and receipt
by DSA's attorneys of the transfer of interest described in paragraph A. 1, the
parties, on behalf of themselves and its officers, directors, shareholders,
employees, agents, administrators, successors and assigns, agree to
unconditionally and irrevocably mutually release, discharge, acquit, and forgive
each other from any and all actions, causes of action, suits, debts,
liabilities, contracts, obligations, controversies, judgments, executions,
claims, losses, costs and demands both in law and in equity which the parties
have against each other, known or unknown arising prior to the date hereof.

          H.       FILING OF STIPULATION TO ENTRY OF JOINT DISMISSAL
                   -------------------------------------------------

          Upon execution of this Agreement and Release and the Stipulation to
Entry of Joint Dismissal by DSA and Netplex, the attorneys representing DSA
shall proceed to file in the United States District Court for the District of
New Jersey the following: (1) the Stipulation To A Joint Dismissal with
Prejudice, and (2) Joint Dismissal with Prejudice, which are both attached
hereto as Exhibit "D". The Stipulation and Joint

<PAGE>

Dismissal are incorporated by reference herein.

          I.       NO ADMISSION OF LIABILITY
                   -------------------------

          This Agreement and Release is a compromise of disputed claims and
shall not constitute or be asserted as constituting any admission of liability
or wrongdoing by any party to this Agreement and Release. The parties expressly
deny any such liability or wrongdoing on their parts. It is their wish simply to
settle their dispute.

          J.       BINDING ON SUCCESSORS
                   ---------------------

          This Agreement and Release is binding on, and inures to the benefit
of, the parties and their administrators, successors, assigns, officers, agents,
servants and employees.

          K.       ATTORNEYS' FEES
                   ---------------

          In the event of any lawsuit arising out of this Agreement and Release,
the prevailing party shall be entitled to an award of attorneys' fees and costs
of litigation in addition to any other relief awarded.

          L.       INTEGRATED AGREEMENT
                   --------------------

          This Agreement and Release, the Security Agreement and the Escrow
Agreement, together with all of the Exhibits hereto and thereto and all other
Settlement Documents, constitute the complete and integrated expression of the
world-wide settlement between the parties. No prior or contemporaneous agreement
exist relating to the subject matter of this Agreement and Release that are not
incorporated into this Agreement and Release.

          M.       MODIFICATION
                   ------------

          This Agreement and Release may only be modified by a writing signed by
both of the parties hereto.

<PAGE>

          N.       SEVERABILITY
                   ------------

          In the event any term of this Agreement and Release is declared void
or unenforceable by a court, the remaining terms shall remain binding with the
same effect as though the void or unenforceable part had been severed or
deleted.

          O.       GOVERNING LAW AND VENUE
                   -----------------------

          This Agreement and Release shall be governed by the laws of the State
of New Jersey. Unless both parties agree otherwise, any action arising out of
this Agreement and Release shall be venued in the United States District Court
for the District of New Jersey.

          P.       WAIVER
                   ------

          Waiver of any term of this Agreement and Release shall not constitute
a waiver of any other term.

          Q.       REPRESENTATION BY COUNSEL
                   -------------------------

          DSA and Netplex each acknowledge that it is fully represented by and
is acting upon the advice of counsel of its choice in entering into this
Agreement and Release. Each party represents that it has been advised of the
effect of this Agreement and Release by its attorney, has investigated the facts
considered necessary, and is not relying on any representation or
acknowledgment, whether orally or in writing, of any other party hereto except
as contained herein.

          R.       AUTHORITY TO EXECUTE
                   --------------------

          DSA and Netplex each acknowledge that the person executing this
Agreement and Release on its behalf has been duly authorized to do so and has
the authority to bind it to this Agreement and Release.

<PAGE>

          S.       EXECUTION IN COUNTERPART
                   ------------------------

          This Agreement and Release may be executed by counterpart copies and
receipt by facsimile transmission of executed copies shall be legally binding.

          IN WITNESS WHEREOF, and intending to be legally bound hereby, the
parties have executed and delivered, or caused to be executed and delivered,
this Settlement Agreement and Release as of the date first above written.

                                    Data Systems Analysts, Inc.

                                    By:
                                         ---------------------------------------
                                         Frances Pierce, President & CEO

                                         The Netplex Group, Inc.
                                         Technology Development Systems, Inc.

                                    By:
                                         ---------------------------------------
                                         Gene Zaino, President & CEO

<PAGE>

APPROVED AS TO FORM AND CONTENT:

    Dated:   12/28/01
             --------
                                    DUANE, MORRIS & HECKSCHER LLP
                                    By:
                                         -------------------------------------
                                         Melissa H. Maxman
                                         Attorneys for
                                         Data Systems Analysts, Inc.

APPROVED AS TO FORM AND CONTENT:

    Dated:
             --------
                                    SAUL EWING, LLP

                                    By:
                                        -------------------------------------
                                        Attorney for
                                        The Netplex Group, Inc. and
                                        Technology Development Systems, Inc.

APPROVED:

----------------------------
J. Simandle

<PAGE>

                                   EXHIBIT "A"

                               Security Agreement

                                  See attached.

<PAGE>

                                   EXHIBIT "B"

                                Escrow Agreement

                                  See attached.

<PAGE>

                                   EXHIBIT "C"

                             Confession of Judgment

                                  See attached

<PAGE>

                                   EXHIBIT "D"

                  Stipulation To Joint Dismissal With Prejudice

                                  See attached.

<PAGE>

                       IN THE UNITED STATES DISTRICT COURT
                         FOR THE DISTRICT OF NEW JERSEY

DATA SYSTEMS ANALYSTS, INC.

                           Plaintiff            CIVIL ACTION NO.
                                                97_4562 (JBS)

                 v.

THE NETPLEX GROUP, INC., ET AL.

          Defendants

                  STIPULATION TO JOINT DISMISSAL WITH PREJUDICE

          Plaintiff Data Systems Analysts ("DSA") and Defendants have agreed to
settle the claims between them in accordance with the enclosed Joint Dismissal
with Prejudice.

          The undersigned counsel hereby stipulate to the entry of this Joint
Dismissal with Prejudice on behalf of DSA and Defendants.

Dated:         12/28/01             By:
               --------                 ----------------------------------------
                                        Melissa H. Maxman
                                        Duane, Morris & Heckscher LLP
                                        Attorneys for
                                        Data Systems Analysts, Inc.

Dated:         12/28/01             By:
               --------                 ----------------------------------------
                                        Michael A. Lampert
                                        Saul Ewing,.LIP
                                        Attorneys for
                                        The Netplex Group, Inc. and
                                        Technology Development Systems, Inc.

<PAGE>

                               SECURITY AGREEMENT
                               ------------------

             This SECURITY AGREEMENT (the "Agreement") is made and entered into
as of this 28th day of December 2001, by and between THE NETPLEX GROUP, INC.
("NETPLEX") and NETPLEX SYSTEMS, INC. ("SYSTEMS") (NETPLEX and SYSTEMS shall be
referred to herein individually, collectively and jointly and severally as the
"Borrower"), and DATA SYSTEMS ANALYSTS, INC.,. a Delaware corporation (the
"Secured Party").

                                   BACKGROUND
                                   ----------

             A.  NETPLEX and the Secured Party have executed a Settlement
Agreement and Release of even date herewith  (the "Settlement Agreement").

             B.  SYSTEMS was organized or caused to be organized by NETPLEX,
and, pursuant to the Rights Offering (as defined in the Settlement Agreement),
NETPLEX made available to its shareholders the right to buy shares of common
stock in SYSTEMS.

             C.  In connection with the Rights Offering and the organization of
SYSTEMS, NETPLEX transferred, or will soon transfer, certain of its assets to
SYSTEMS.

             D.  The Secured Party is willing to grant the extensions of credit,
or make the financial accommodations, contemplated by the Settlement Agreement
only on the condition that the both NETPLEX and SYSTEMS execute and deliver this
Security Agreement to the Secured Party, provided, however, that this Security
                                         --------  -------
Agreement: (i) is effective against NETPLEX immediately upon execution
regardless of the outcome of the Rights Offering; and (ii) shall also become
effective against SYSTEMS only if the Rights Offering is deemed unsuccessful,
pursuant to paragraph A.4(a) of the Settlement Agreement, upon the occurrence of
any one of the following events: (i) the Rights Offering is not completed by
4:30 p.m. (Philadelphia, Pennsylvania time) on March 31, 2002; or (ii) the
Rights Offering for any reason does not generate proceeds net of commissions and
expenses of more than One Million Dollars($1,000,000).

             E.  Capitalized terms contained in Section 1 of this Agreement and
used hereinafter shall have the meanings ascribed to them in the revised Article
9 of the Uniform Commercial Code in the form approved by the State of New Jersey
in July 2001 and codified at N.J. Rev. Stat.ss.l2A:1-101 et seq. (the "UCC"),
unless the context hereof requires otherwise. Other capitalized terms which are
used herein without definition shall have the meanings ascribed to them in the
Settlement Agreement.

             NOW, THEREFORE, incorporating the aforementioned Background herein
by reference, and intending to be legally bound hereby, the Borrower and the
Secured Party hereby agree as follows:

             Section 1. Creation of Security Interest. The Borrower hereby
                        -----------------------------
grants to the Secured Party a lien and security interest in and to the property
hereinafter described, whether now owned or hereafter acquired or arising and
wherever located (the "Collateral"):

     (a)         All Proceeds (as defined in the Settlement Agreement) from the
                 sale of the SI Business (or the portion that is fairly
                 apportioned to the proceeds of the SI Business if the SI
                 Business is sold as a component part of any sale), which lien
                 and security interest shall remain in effect throughout the
                 period that NETPLEX's payment obligations remain outstanding
                 under the Settlement Agreement. The term "proceeds from the
                 sale of the SI Business" as used herein

<PAGE>

                 and in the Settlement Agreement shall be defined broadly to
                 include without limitation all tangible or intangible property
                 received or receivable by the Borrower in connection with any
                 sale, lease, or other disposition of the SI Business, whether
                 by sale, merger, consolidation or other type of corporate
                 reorganization or recapitalization, including, without
                 limitation, all such property received or receivable by the
                 Borrower from the sale of the SI Business that constitutes, or
                 shall constitute in the Borrower's possession, Deposit
                 Accounts, Documents, General Intangibles (including Payment
                 Intangibles), Goods (including without limitation Equipment,
                 Inventory, Fixtures and Accessions), Instruments (including
                 Promissory Notes), Investment Property and all Proceeds of the
                 aforementioned Collateral.

     (b)         Notwithstanding the foregoing section 1(a) of this Security
                 Agreement, the provisions of this Security Agreement, which are
                 binding upon SYSTEMS, and the lien and security interest in the
                 Collateral granted by SYSTEMS, shall not become effective
                 unless and until the occurrence of either of the following
                 conditions precedent: (i) the Rights Offering is not completed
                 by 4:30 p.m. (Philadelphia, Pennsylvania time) on March 31,
                 2002; or (ii) the Rights Offering for any reason does not
                 generate proceeds net of commissions and expenses of more than
                 One Million Dollars ($1,000,000). Upon the occurrence of either
                 of the conditions precedent described in subsection 1 (b)(i)
                 and l(b)(ii) hereof: (x) the provisions of this Security
                 Agreement, and the lien and security interest in the
                 Collateral granted by SYSTEMS, shall become immediately
                 effective with no further action required by the Lender or any
                 Borrower; and (y) the Lender may immediately file UCC-1
                 Financing Statements in the appropriate filing offices, as the
                 Lender in its sole discretion shall determine, to perfect the
                 security interest granted herein to the Lender by SYSTEMS.

     (c)         The Lender hereby covenants and agrees that it shall not file
                 any UCC-1 Financing Statements to perfect the security interest
                 in and to the assets of SYSTEMS granted to the Lender herein
                 unless and until the occurrence of either of the conditions
                 precedent described in subsection 1 (b)(i) and 1 (b)(ii)
                 hereof. The Lender is authorized to file UCC-1 Financing
                 Statements to perfect the `security interest in and to the
                 Collateral provided by NETPLEX immediately upon execution of
                 this Agreement.

             Section 2. Secured Obligations. The security interest created
                        -------------------
herein is given as security for the prompt payment, performance, satisfaction
and discharge of the following obligations (the "Obligations") of the Borrower:
(a) to pay the principal, interest, fees, costs, and any other liabilities of
the Borrower to the Secured Party under the Settlement Agreement and the other
Settlement Documents in accordance with the terms thereof, and (b) to satisfy
all of the other liabilities of the Borrower to the Secured Party, whether
hereunder or otherwise, whether now existing or hereafter incurred, whether or
not evidenced by any note or other instrument, matured or unmatured, direct,
absolute or contingent, joint or several, including any extensions,
modifications, renewals thereof and substitutions therefor.

             Section 3. Covenants and Agreements of the Borrower.

                      3.01   Notice of the Secured Party's Interests. If
                             ---------------------------------------
requested by the Secured Party, the Borrower shall give notice of the Secured
Party's security interests in the Collateral to any third person with whom the
Borrower has any actual or prospective contractual relationship or other
business dealings.

                      3.02   Existence. Each of the Borrowers shall preserve its
                             ---------
existence and not merge into or consolidate with any other entity, or sell all
or substantially all of its assets, and shall not change the state of its
organization, its name, place of business or chief executive office without
obtaining the prior written

<PAGE>

consent of the Secured Party.

                      3.03   Perfection of Secured Party's Interests.
                             ---------------------------------------

                      (a)    The Borrower agrees to cooperate and join, at its
expense, with the Secured Party in taking such steps as are necessary, in the
Secured Party's judgment, to perfect or continue the perfected status of the
security interests granted hereunder, including, without limitation, the
execution and delivery of any financing statements, amendments thereto and
continuation and any other instruments requested by the Secured Party to perfect
its security interest in any and all of the Collateral.

                      (b)    Subject to Section 1(b) above the Secured  Party
may at any time and from time to time, file financing statements, continuation
statements and amendments thereto in Order to perfect and maintain the
perfection of the security interest granted in the Collateral. The Borrower
agrees to furnish any such information to the Secured Party reasonably needed
for filing such financing statements promptly upon request. Any such financing
statements, continuation statements or amendments may be signed by the Secured
Party on behalf of the Borrower, and may be filed at any time in any
jurisdiction whether or not Revised Article 9 is then in effect in that
jurisdiction.

                      3.04   Notification of Adverse Change in Collateral. The
                             ----------------------------------------------
Borrower agrees immediately to notify the Secured Party if any event occurs or
is discovered which would cause a any material diminution in the value of any
significant item or type of Collateral.

                      3.05   Reimbursement and Indemnification. The Borrower
                             ---------------------------------
agrees to reimburse the Secured Party on demand for out-of-pocket expenses
incurred in connection with the Secured Party's ex-ercise of its rights under
this Security Agreement. The Borrower agrees to indemnify the Secured Party and
hold it harmless against any costs, expenses, losses, damages and liabilities
(including reasonable attorney's fees and court costs) incurred in connection
with this Security Agreement, other than as a direct result of the Secured
Party's gross negligence or willful misconduct.

<PAGE>

             Section 4. Power of Attorney. The Borrower hereby appoints the
                        -----------------
Secured Party as its lawful attorney-in-fact to do, at the Secured Party's
option, and at the Borrower's expense and liability, all acts and things which
the Secured Party may deem necessary or desirable to effectuate its rights under
this Security Agreement, including without limitation, file financing statements
and otherwise perfect any security interest granted hereby.

             Section 5. Event of Default. The occurrence of an Event of Default
                        ----------------
under the Settlement Agreement or any of the other Settlement Documents shall
also be an Event of Default under this Agreement.

             Section 6. Secured Party's Rights Upon Default. Upon the occurrence
                        -----------------------------------
of a Default hereunder, or at any time thereafter, the Secured Party may
immediately and without notice pursue any remedy available at law or in equity
(including all rights available under the UCC or other applicable state law) to
collect, enforce or satisfy any Obligations.

             Section 7. Notices. Every notice and communication under this
                        -------
Security Agreement shall be in writing and shall be given in accordance with the
notice provision contained in the Settlement Agreement.

             Section 8. Miscellaneous.
                        -------------

                     8.01    No Waiver. No delay or omission by the Secured
                             ---------
Party in exercising any right or remedy hereunder shall operate as a waiver
thereof or of any other right or remedy, and no single or partial exercise
thereof shall preclude any further exercise thereof or the exercise of any other
right or remedy.

                     8.02    Successors. The provisions of this Security
                             ----------
Agreement shall inure to the benefit of and be binding upon the Secured Party
and the Borrower and their respective successors and assigns, provided that the
Borrower's obligations hereunder may not be assigned without the written consent
of the Secured Party.

                     8.03    Amendments. No modification, rescission, waiver,
                             ----------
release or amendment of any provisions of this Security Agreement shall be
effective unless set forth in a written agreement signed by each Borrower and an
authorized officer of the Secured Party.

                     8.04    Governing Law. This Security Agreement shall be
                             -------------
construed under the internal laws of the State of New Jersey without reference
to conflict of laws principles.

                     8.05    Severability. In the event any term of this
                             ------------
Security Agreement is declared void and unenforceable by a court, the remaining
terms shall remain binding with the same effect as though the void or
unenforceable part had been severed or deleted.

                     8.06    Judicial  Proceedings. Unless each Borrower and the
                             ---------------------
Secured Party otherwise agree in writing, any action arising out of this
Security Agreement shall be tried only by a court and not by a jury, and shall
be venued in the United States District Court for the District of New Jersey or,
at the option of the Secured Party, in any other jurisdiction where any Borrower
or part of the Collateral may be found. EACH PARTY HEREBY KNOWINGLY, VOLUNTARILY
AND INTENTIONALLY WAIVES ANY RIGHT TO A TRIAL BY JURY IN ANY SUCH SUIT, ACTION
OR PROCEEDING. Further, each party waives any right it may have to claim or
recover, in any such suit, action or proceeding, any special, exemplary,
punitive or consequential damages or any damages other than, or in addition to,
actual damages.

<PAGE>

THE BORROWER ACKNOWLEDGES AND AGREES THAT THIS PARAGRAPH IS A SPECIFIC AND
MATERIAL ASPECT OF THIS SECURITY AGREEMENT AND THAT THE SECURED PARTY WOULD NOT
EXTEND CREDIT TO THE BORROWER IF THE WAIVERS SET FORTH IN THIS PARAGRAPH WERE
NOT A PART OF THIS SECURITY AGREEMENT.

             IN WITNESS WHEREOF, the parties hereto have caused this Security
Agreement to be executed and delivered by their authorized officers the day and
year first above written.

Attest:                                      THE NETPLEX GROUP, INC.

                                             By:
     -----------------------------                 -----------------------------
                                             Title:
                                                   -----------------------------

                                             NETPLEX SYSTEMS, INC.

                                             By:
     -----------------------------                 -----------------------------
                                             Title:
                                                   -----------------------------

                                             DATA SYSTEMS ANALYSTS, INC.

                                             By:
                                                   -----------------------------
                                             Title:
                                                   -----------------------------

<PAGE>

                    WARRANTY OF ATTORNEY TO CONFESS JUDGEMENT
                    -----------------------------------------

          This Warrant of Attorney to Confess Judgment ("Warrant") is made and
entered into as of this 27th day of December 2001, by and among Netplex Group,
Inc., and Technology Development Systems, Inc. (collectively, the "Netplex"),
and Data Systems Analysts, Inc. (collectively, the "DSA").

                                   BACKGROUND
                                   ----------

          A. DSA and Netplex are parties to a Settlement and Release Agreement
dated as of December 20, 2001, pursuant to which DSA has extended credit or made
financial accommodations to Netplex (the "Settlement Agreement"), and other
Settlement Documents (as defined in the Settlement Agreement).

          B. As a condition to entering into the Settlement Agreement and the
other Settlement Documents and extending credit and making financial
accommodations to Netplex, DSA has required that Netplex shall execute and
deliver this Warrant to DSA.

          C. Capitalized terms which are used herein without definition shall
have the meanings ascribed to them in the Settlement Agreement and the other
Settlement Documents. Other terms used herein without definition that are
defined in the New Jersey Uniform Commercial Code shall have the meanings
ascribed to them therein, unless the context otherwise requires.

          NOW, THEREFORE, for valuable consideration the receipt of which is
hereby acknowledged and intending to be legally bound, Netplex and DSA hereby
agree as follows:

          1. Remedies Upon Default. Upon the occurrence of any one or more
             ---------------------
Events of Default, DSA may proceed to protect and enforce its rights under this
Warrant and the Settlement Agreement or any of the Settlement Documents by
exercising such remedies as are available to DSA in respect thereof under
applicable law, either by suit in equity or by action at law, or both, whether
for specific performance of any provision contained in this Warrant or the
Settlement Agreement or any of the Settlement Documents or in aid of the
exercise of any power granted in this Warrant or in the Settlement Agreement or
Settlement Document. NETPLEX HEREBY WAWES, TO THE EXTENT, THE SAME MAY BE WA WED
UNDER APPLICABLE LAW ALL CLAIMS, CAUSES OF ACTION, DEFENSES, RIGHTS OF
REDEMPTION, PRESENTMENT AND DEMAND FOR PAYMENT AND RIGHTS OF NETPLEX AGAINST DSA
ON ACCOUNT OF ACTIONS TAKEN OR NOT TAKEN BY DSA IN THE EXERCISE OF DSA'S RIGHTS
OR REMEDIES UNDER THE SETTLEMENT AGREEMENT AND THE SETTLEMENT DOCUMENTS ATTACHED
THERETO OR UNDER APPLICABLE LAW. EXCEPT FOR WILLFUL MISCONDUCT.

          2. Confession of Judgment. NETPLEX HEREBY IRREVOCABLY AUTHORIZES AND
             ----------------------
EMPOWERS ANY ATTORNEY OR THE CLERK OF ANYCOURT iN THE STATE OF NEW JERSEY, OR
ELSEWHERE, TO APPEAR AT ANY TIME FOR NETPLEX IN ANY ACTION BROUGHT AGAINST
NETPLEX ON THE SETTLEMENT AGREEMENT AT THE SUIT OF DSA WITH OR WITHOUT
DECLARATION FILED, AS OF ANY TERM, AND THEREIN TO CONFESS OR ENTER JUDGMENT
AGAINST NETPLEX FOR THE ENTIRE UNPAID PRINCIPAL AND ALL OTHER SUMS PAYABLE BY
NETPLEX TO DSA UNDER THE SETTLEMENT AGREEMENT, AND ALL ARREARAGES OF INTEREST
THEREON, TOGETHER WITH COSTS OF SUIT AND ACTUAL COLLECTION FEES (INCLUDING
REASONABLE ATTORNEYS' FEES) AND FOR SO DOING, THIS AUTHORITY TO CONFESS JUDGMENT
OR A COPY HEREOF VERIFIED BY AFFIDAVIT SHALL BE A SUFFICIENT WARRANT.

<PAGE>

         NETPLEX ACKNOWLEDGES THAT IT HAS HAD THE ASSISTANCE OF LEGAL COUNSEL IN
THE REVIEW AND EXECUTION OF THIS WARRANT AND FURTHER ACKNOWLEDGES THAT THE
MEANING AND EFFECT OF THE FOREGOING PROVISIONS CONCERNING CONFESSION OF JUDGMENT
HAVE BEEN FULLY EXPLAINED TO NETPLEX BY SUCH COUNSEL.

         The authority granted herein to confess judgment shall not be exhausted
by any exercise thereof but shall continue from time to time and at all times
until payment in full of all the amounts due hereunder.

          3.       Governing Law. This Warrant of Attorney to Confess Judgment
                   -------------
shall be construed in accordance with and governed by the internal laws of the
State of New Jersey.

         IN WITNESS WHEREOF, the undersigned has hereunto caused these presents
be executed and its corporate seal affixed hereto this 27th day of December,
2001.

ATTEST/WITNESS:                           NETPLEX GROUP, INC.

                                    By:                                   (SEAL)
     ----------------------            -----------------------------------
                                       Gene Zaino, President & CEO

                                    DATA SYSTEMS ANALYSTS, INC.

                                    By:                                   (SEAL)
     ----------------------            -----------------------------------
                                       Frances Pierce, President & CEO

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