Document:

Unassociated Document

    
      

    

    Exhibit
      10.2

    

      RELEASE
        AND SETTLEMENT AGREEMENT

      

      This
        Release and Settlement Agreement (the "Agreement") is dated this __ day of
        June,
        2007 by and between EnterConnect, Inc. ("EnterConnect") and _______________
        ("Employee")(collectively, the “Parties”).

      

      WHEREAS,
        Employee was employed by EnterConnect commencing _________,  200_
        until he resigned from EnterConnect on or about ________, 2007;

      

      WHEREAS,
        EnterConnect was unable to pay Employee his salary for work performed from
        _______, 2007 to the date of Employee’s resignation; and

      

      WHEREAS,
        the parties hereto desire to resolve all disputes arising between themselves
        including, but not limited to, all disputes relating to wages, salaries and
        related benefits between Employee and EnterConnect;

      

      NOW,
        THEREFORE, in consideration of the promises and conditions set forth herein,
        and
        for other good and valuable consideration, the sufficiency and receipt of
        which
        are hereby acknowledged, the parties hereto agree as follows:

      

      1.   Settlement
        and
        Release.  In exchange for the issuance by EnterConnect of
        ______________ (___) shares of EnterConnect’s common stock, par value $0.001 per
        share (the “Shares”), which EnterConnect represents and warrants shall be
        included on its Registration Statement of Form SB-2 or such other form as
        is
        appropriate, ,  Employee hereby fully, forever, irrevocably and
        unconditionally releases, remises and discharges EnterConnect and its
        subsidiaries and affiliates and each of their current or former officers,
        directors, stockholders, attorneys, agents, or employees (collectively, the
        "EnterConnect Released Parties") from any and all claims, charges, complaints,
        demands, actions, causes of action, suits, rights, debts, sums of money,
        costs,
        accounts, reckonings, covenants, contracts, agreements, promises, doings,
        omissions, damages, executions, obligations, liabilities and expenses (including
        attorneys' fees and costs), of every kind and nature, known or unknown, which
        he
        ever had or now has against the EnterConnect Released Parties including,
        but not
        limited to, all claims arising out of Employee's employment with or separation
        from EnterConnect, the Employment Agreement, all claims and damages relating
        to
        race, sex, national origin, handicap, religious, sexual orientation, benefits
        and age discrimination, all employment discrimination claims under Title
        VII of
        the Civil Rights Act of 1964, 42 U.S.C. Section 2000 et. seq., the Age
        Discrimination in Employment Act, 29 U.S.C. Section 621 et. seq., the Employee
        Retirement Income Security Act of 1974, 29 U.S.C. Section 1001, et. seq.,
        and
        the Americans with Disabilities Act, 42 U.S.C. Section 12101 et. seq., and
        similar state or local  statutes, all wrongful discharge claims, all
        common law claims including, but not limited to, actions in tort, defamation,
        breach of contract and any claims under any other federal, state or local
        statutes or ordinances not expressly referenced
        above.  Notwithstanding the foregoing, in no event shall Employee be
        deemed by this Paragraph 1 to have released any rights to indemnification
        or
        contribution as provided by law or to any protection provided to Employee
        under
        EnterConnect's directors' and officers' liability insurance
        policies.

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      2.           Prior
        Agreements.  The Parties mutually agree to terminate and cancel
        any and all prior agreements, business arrangements and joint ventures among
        the
        Parties so that upon execution of this Agreement all prior agreements, business
        arrangements and joint ventures shall be void and without effect.  The
        Parties also agree that the terms of this Agreement will govern despite any
        terms contained in the said prior agreements or any other understanding or
        agreement heretofore entered into by the Parties.

      

      3.           Nondisclosure
        of Confidential and Proprietary Information. Employee shall maintain the
        confidentiality of all confidential and proprietary information of EnterConnect.
        Employee agrees that at all times hereafter, Employee shall not intentionally
        divulge, furnish or make available to any party any of the trade secrets,
        patents, patent applications, price decisions or determinations, inventions,
        customers, proprietary information or other intellectual property rights
        of
        EnterConnect, until after such time as such information has become publicly
        known otherwise than by act or collusion of Employee. Employee further agrees
        that he will return all EnterConnect's property and confidential and proprietary
        information in his possession to EnterConnect within five (5) business days
        from
        the date of this Agreement.

      

      4.           Non-Disparagement.
        Employee and EnterConnect mutually agree that the terms of this Agreement
        are
        amicable and mutually acceptable and the Parties agree with the other that
        neither shall malign, defame, blame, or otherwise disparage the other, either
        publicly or privately regarding the past or future business or personal affairs
        of EnterConnect or Employee.

      

      5.           Confidentiality.  The
        Parties hereto understand and agree that the terms and contents of this
        Agreement, and the contents of the negotiations and discussions resulting
        in
        this Agreement, shall be maintained as confidential, and none of the above
        shall
        be disclosed except to the extent required by federal or state law.

      

      6.           No
        Promises of Representations of Reliance.  None of the Parties (nor
        any officer, agent, employee, representative, or attorney of or for any of
        the
        parties) has made any statement or representation to any of the other parties
        regarding any fact relied upon any statement, representation or promise of
        any
        of the other Parties (or any officer, agent, employee, representative or
        attorney for any of the parties) in executing this Agreement, except as
        expressly stated in this Agreement. Each party to this Agreement has made
        such
        independent investigation of the facts herein and to all the matters pertaining
        thereto, as he, she or it deemed necessary.

      

      7.           Binding
        Effect.  All covenant, promises, obligations, representations, and
        warranties set forth herein shall be binding on all heirs, successors, assigns,
        licensees, agents, and representatives of each of the parties hereto as shall
        all of the benefits herein.

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      8.           Drafting.  The
        Parties hereto agree that this Agreement has been negotiated and drafted
        jointly, that the order of the paragraphs have no significance, and that
        the
        language hereof shall be construed as a whole according to its fair meaning
        and
        interpretation.

      

      9.           Amendment.  This
        Agreement shall be binding upon the parties and may not be modified in any
        manner, except by an instrument in writing of concurrent or subsequent date
        signed by a duly authorized representative of the parties
        hereto.  This agreement is binding upon and shall inure to the benefit
        of the parties and their respective agents, assigns, heirs, executors,
        successors and administrators.

      

      10.           Entire
        Agreement and Applicable Law.  This Agreement contains and
        constitutes the entire understanding and agreement between the parties hereto
        with respect to the settlement of claims the parties have against each
        other.  This Agreement cancels all previous oral and written
        negotiations, agreements, commitments, and writings in connection
        therewith.  This Agreement shall be governed by the laws of the State
        of New York to the extent not preempted by federal law.

      

      11.           Counterparts.  This
        Agreement may be executed in one or more separate counterparts, in original
        or
        facsimile form, each of which, when so executed, shall be deemed an original
        and
        shall together constitute one and the same instrument which may be sufficiently
        evidenced by any one counterpart, and each of which shall be fully effective
        against all persons executing the same and all persons or entities claiming
        under or through them.

      

      IN
        WITNESS WHEREOF, the parties hereto have executed this Release and Settlement
        Agreement as of the date set forth above.

      

      

      
        	
                ENTERCONNECT
                  INC.

              	 	
                EMPLOYEE

              
	 	 	 	 
	 	 	 	 
	
                By:

              	 	 	 
	 	
                SAM
                  JANKOVICH

              	 	 
	 	
                Chairman,
                  CEOUnassociated Document

    
      
        
          

        

      

      Exhibit
        10.3

       

      BRIDGESTREAM
        PARTNERS, LLC

      Investment
        Bankers

      2726
        Shelter Island Drive, Suite 346

      San
        Diego, CA 92106

      (619)
        255-1878

      FAX:  (619)
        255-1878

      
        
          

        

      

       

      June
        11,
        2007

      

      Mr.
        Sam
        P. Jankovich, Chief Executive Officer & President

      EnterConnect,
        Inc.

      San
        Jose
        Metro Office

      100
        Century Center Court

      Suite
        650

      San
        Jose,
        CA. 95112-4537

      

      Tel.:
        (408) 441-5280 Fax: (408) 452-9040 Cell (770) 595-2570 E-mail:
sjankovich@enterconnectinc.com

      

      Dear
        Sam:

       

      RE:
        FINANCIAL ADVISORY AGREEMENT FOR INVESTMENT BANKING
        SERVICES:

       

       

      This
        FINANCIAL ADVISORY AGREEMENT (the “Agreement”) is made and entered into as of
        this 11th day of June 2007 by and between EnterConnect, Inc., a Nevada
        corporation (the  “Company”) with offices at San Jose Metro Office,
        100 Century Center Court, Suite 650, San Jose, CA. 95112-4537 and BRIDGESTREAM
        Partners, LLC (“BRIDGESTREAM”), with offices at 2726 Shelter Island Drive, Suite
        346, San Diego, CA. 92106.

      

      Pursuant
        to the continuing dialogue that has taken place between the Company and the
        respective principals of BRIDGESTREAM, we hereby tender this Financial Advisory
        Agreement for the Company’s Board of Directors, to engage by retainer
        BRIDGESTREAM as their Investment Banker for the purpose of advising and
        assisting the Company in their pursuit of financing, said financing to be
        in the
        form of 1) equity 2) subordinated debt, 3) convertible debt, and/or 4) senior
        debt.  BRIDGESTREAM shall also advise and assist in the creation of
        strategic alliances, partnering and/or mergers with or acquisitions of companies
        in the security services industry or other approved related companies or
        services under terms and conditions acceptable to the Company.

      

      
        	
                 

              	
                1.

              	
                SCOPE
                  OF WORK

              

      

      

      BRIDGESTREAM
        ’s scope of services shall include:

      

      

      
        	
                 

              	
                ·

              	
                Assist
                  the Company in identifying suitable targets for strategic alliances
                  co-marketing programs and potential
                  acquisitions;

              

      

      

      
        	
                 

              	
                ·

              	
                Assist
                  the Company in procuring financing in the form of either debt or
                  equity;

              

      

      

      
        	
                 

              	
                ·

              	
                Assist
                  the Company in arranging for various strategic partnering arrangements
                  that would provide additional capital and other alliances such as
                  marketing, distribution, etc.;

              

      

       

      
        	
                 

              	
                ·

              	
                Advise
                  management of the appropriate financing structure(s) with which to
                  successfully complete alliances, partnerships, investor relationships
                  or
                  acquisitions; and

              

      

      

      
        	
                 

              	
                ·

              	
                Advisory
                  of the legal and financial ramifications impacting on particular
                  structures.

              

      

       

      
        	 	 	 	 	 
	
                EnterConnect,
                  Inc.

              	
                Date

              	 	
                BRIDGESTREAM
                  Partners, LLC

              	
                Date

              

      

       

      
        
          
          

        

        
          1

          
            

          

        

        
          
          

        

      

       

      BRIDGESTREAM
        PARTNERS, LLC

      Investment
        Bankers

      2726
        Shelter Island Drive, Suite 346

      San
        Diego, CA 92106

      (619)
        255-1878

      FAX:  (619)
        255-1878

      
        
          

        

       

      
        	
              	
                2.

              	
                ENGAGEMENT
                  TERM

              

      

      

      The
        “Engagement Period” is that Period during which BRIDGESTREAM is actively
        pursuing investor-prospects for the Company.  Either the Company or
        Bridgstream may cancel or terminate this Agreement on the earlier of the
        date
        the Company 1) has raised sufficient capital from other sources so that it
        no
        longer requires BRIDGESTREAM’s services determined at the sole discretion of the
        Company; 2) eighteen months from the date of execution of this Agreement;
        or 3)
        ninety (90) days from the date that either BRIDGESTREAM receives written
        notice
        of intention to terminate this agreement by the Company or the Company receives
        written notice of termination of this agreement by BRIDGESTREAM.

      

      
        	
              	
                3.

              	
                INITIAL
                  RETAINER FOR ADVISORY
                  SERVICES

              

      

      

      
        	
              	
                ·

              	
                Throughout
                  the placement process, the principal investment banker assigned
                  to the
                  Company will be William R. Willard, Managing
                  Principal.

              

      

      

      
        	
                 

              	
                ·

              	
                BRIDGESTREAM
                  requires an initial retainer to be paid while BRIDGESTREAM’S advisory
                  services are rendered over the ninety (90) day initial start-up
                  period.  The retainer structure has been developed specifically
                  for the manpower commitment for these
                  transactions.

              

      

      

      
        	
                 

              	
                ·

              	
                The
                  non-refundable retainer required for said advisory services
                  is:

              

      

      

      Nine
        thousand US dollars (US $9,000) for the initial sixty-ninety day phase of
        this
        agreement; US $5,400 of said retainer to be paid upon the execution of this
        agreement via wire transfer to Bridgestream Trust and the remainder of said
        retainer, three thousand six hundred US dollars (US $3,600) to be paid via
        wire
        transfer on or before thirty (30) days after the execution date of the
        Agreement.

      

      

      
        	
              	
                4.

              	
                REQUIREMENTS
                  OF THE COMPANY SHALL INCLUDE BUT BE NOT LIMITED
                  TO:

              

      

       

      
        	
                 

              	
                ·

              	
                Furnish
                  BRIDGESTREAM with all necessary and pertinent documents that will
                  be
                  required to successfully accomplish the subject financing; including
                  but
                  not limited to those documents listed in the attached exhibit,
“Documents
                  and Due Diligence Requirements”.

              

      

      

      
        	
                 

              	
                ·

              	
                Make
                  available to BRIDGESTREAM all the information that BRIDGESTREAM
                  reasonably
                  requests in connection with the performance of its services hereunder,
                  including information concerning the business, assets, operation
                  or
                  financial condition of the Company.  BRIDGESTREAM in
                  representing the Company in sales transactions may rely upon the
                  accuracy
                  and completeness of such information without independent verification
                  and
                  is authorized to make appropriate use of such
                  information.

              

      

      

      
        	 	 	 	 	 
	
                EnterConnect,
                  Inc.

              	
                Date

              	 	
                BRIDGESTREAM
                  Partners, LLC

              	
                Date

              

      

       

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

       

      BRIDGESTREAM
        PARTNERS, LLC

      Investment
        Bankers

      2726
        Shelter Island Drive, Suite 346

      San
        Diego, CA 92106

      (619)
        255-1878

      FAX:  (619)
        255-1878

      
        
          

        

      

       

      
        	
                 

              	
                ·

              	
                Conduct
                  any Transaction in a manner, which will comply in all respects
                  with the
                  applicable provisions of the Securities Exchange Act of 1934, as
                  well as
                  all other applicable customary disclosure statues, rules and
                  regulations.

              

      

       

      
        	
                 

              	
                ·

              	
                Be
                  responsible for the completeness, accuracy and format of all information
                  furnished to any prospective acquisition targets, investors, merger
                  partners, and/or other third parties such as banks, funds, or financial
                  institutions considering entering into a Transaction with the
                  Company.

              

      

      

      Company
        shall maintain, at all times, the discretion with regard to acceptance of
        funds
        from any party or source, whether or not introduced by
        BRIDGESTREAM.

      
 

      
        	
              	
                5.

              	
                INITIAL
                  FUNDING (ROUND ONE)

              

      

      

      The
        Company, in its sole discretion, is seeking a funding of US $12,000,000 dollars
        for the following Use of Proceeds:

      

      
        	
                 

              	
                a)

              	
                To
                  complete the acquisition of Enterpulse’s EnterConnect Software System, if
                  not completed already.

              

      

      

      
        	
                 

              	
                b)

              	
                For
                  various marketing and sales
                  activities.

              

      

      

      
        	
                 

              	
                c)

              	
                Use
                  of Bridgestream’s Proprietary Principal Protection structure to guarantee,
                  through the use of an insurance instrument that provides for 100%
                  of the
                  Principal being raised to be repaid should the projects
                  fail.

              

      

      

      
        	
                 

              	
                d)

              	
                Other
                  working capital requirements of the
                  Company.

              

      

      

       

      In
        connection with the engagement, BRIDGESTREAM will introduce to the Company
        potential investors and/or strategic partners (“BRIDGESTREAM Prospects”) who are
        not otherwise known to the Company and proceed to enter into
        discussions/negotiations that follow from each introduction.

      

      It
        is
        further understood by the parties that this engagement is non-exclusive.
        It is
        further agreed upon by the parties, that BRIDGESTREAM will confirm with the
        Company, in writing, before making any introduction, that such person or
        entity
        to be introduced by BRIDGESTREAM, is not previously known to the Company
        or its
        principals. In the event that BRIDGESTREAM issues such notification in writing,
        and the Company does not indicate its previous relationship with such
        BRIDGESTREAM contact within two (2) business days of such written notification,
        then the Company will be deemed to have not been in contact with such
        BRIDGESTREAM notified contact/party.

       

      
        
          	 	 	 	 	 
	
                  EnterConnect,
                    Inc.

                	
                  Date

                	 	
                  BRIDGESTREAM
                    Partners, LLC

                	
                  Date

                

        

         

      

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

       

      BRIDGESTREAM
        PARTNERS, LLC

      Investment
        Bankers

      2726
        Shelter Island Drive, Suite 346

      San
        Diego, CA 92106

      (619)
        255-1878

      FAX:  (619)
        255-1878

      
        
          

        

      

      
 

      
        	
              	
                6.

              	
                SECONDARY
                  FUNDING  (ROUND
                  TWO)

              

      

      

      The
        Company, in its sole discretion, seeks to raise an additional three to five
        million  ($3,000,000 – 5,000,000) of capital for its expansion into
        other markets and applications This additional financing, as well as its
        prospective structure will occur within the next six to nine months following
        the execution date of this Agreement.  Such an occurrence may impact
        the valuation of the prior financings.  BRIDGESTREAM reserves the
        right to assist the Company in negotiating this Private Placement towards
        a
        successful conclusion with various funding sources.

      
 

      
        	
              	
                7.

              	
                FEE
                  SCHEDULE

              

      

      

      Upon
        the
        completion of a successful placement of equity, the Company agrees to pay
        BRIDGESTREAM an Equity Placement Fee for providing the Proprietary Principal
        Protection Structure of ten percent (10%) of the amount of equity or equity
        equivalent(s) such as convertible debt in Round One and Two of
        Funding.

      

      Should
        subordinated debt or mezzanine funding be raised, as an alternative or a
        blended
        form of financing, from a source introduced by or through BRIDGESTREAM, upon
        the
        successful placement of the subordinated debt or mezzanine funding, the Company
        agrees to pay BRIDGESTREAM a placement fee of seven and
        one-half  (7.5%) of the amount of subordinated debt or mezzanine
        funding raised.

      

      Should
        Senior Debt be arranged or obtained from a BRIDGESTREAM source, upon the
        successful placement of the Senior Debt, the Company agrees to pay BRIDGESTREAM
        a placement fee of four percent (4%) of the amount of Senior Debt
        raised.

      

      For
        example, if BRIDGESTREAM sources provide $12 million in equity and $10 million
        in subordinated debt, then total fees to BRIDGESTREAM shall be $1.200,000
        plus
        $750,000 for a combined total of $1,950,000.

      

      The
        Parties also understand and agree that up to an additional one percent (1%)
        may
        be due and payable to third party sources in connection with any
        financing.

      

      All
        fees
        due under this Section 7 shall be payable in cash from an escrow account
        with
        simultaneous disbursement of specified cash proceeds (“the escrow instructions”)
        to both the Company and BRIDGESTREAM. Payment shall be subject to
pro-rata deferral until actual receipt of funds by the Company in the
        event of an “earn-out” or other deferred conditions.

      

      Such
        fees
        (Round I and II) will be paid to BRIDGESTREAM, in cash via wire transfers
        simultaneously with each funding/closing wherein proceeds are available for
        use
        by the Company, pursuant to the payment instructions in Section 14.

      

      
        
          	 	 	 	 	 
	
                  EnterConnect,
                    Inc.

                	
                  Date

                	 	
                  BRIDGESTREAM
                    Partners, LLC

                	
                  Date

                

        

         

      

      
        
          
          

        

        
          4

          
            

          

        

        
          
          

        

      

       

      BRIDGESTREAM
        PARTNERS, LLC

      Investment
        Bankers

      2726
        Shelter Island Drive, Suite 346

      San
        Diego, CA 92106

      (619)
        255-1878

      FAX:  (619)
        255-1878

      
        
          

        

      

      
 

      The
        Investor(s) may request that either a Principal of the funding source and/or
        a
        BRIDGESTREAM Principal to join the Company’s Board of Directors.

      

      

      Such
        Directorship will require the normal and appropriate compensation, insurance
        and
        expenses associated with assuming the responsibilities of a Board of Director
        member along with any stock options as part of the overall compensation plan.
        A
        Committee Chairmanship would entail an additional compensation plan, again
        appropriate for assuming the responsibilities of the Committee
        Chairmanship.

      
 

      
        	
                8.

              	
                EQUITY
                  PARTICIPATION

              

      

      

      For
        any
        monies raised by BRIDGESTREAM hereunder, whether in the form of equity,
        subordinated debt or convertible debt, BRIDGESTREAM is to receive at the
        time or
        times of closing, additional equity of Client equal to non-cancelable options
        on
        common shares of twelve percent (12%) of the equity or equity equivalent
        that is
        issued to the investor introduced by BRIDGESTREAM. This fee will be in the
        form
        of warrants on common stock (or in the case where the investor gets convertible
        debt, it would be twelve percent (12%) of the number of shares into which
        the
        debt is convertible, e.g. if the debt is convertible into 1000 shares, then
        the
        fee would be 120 warrants). For example, if BRIDGESTREAM raises one million
        US
        dollars (US $1,000,000) by collateralizing 4,000,000 equity shares for Client,
        than its fee would be $100,000 in Round One Funding plus a warrant to purchase
        480,000 shares of Company common stock. The exercise price of the warrants
        is
        the same as the price that the shares are being valued by the investors,
        e.g. if
        the shares are being valued on a stock loan basis for US $.2.50 per share,
        then
        the warrant exercise price will be at US $.2.50 per share. The expiration
        date
        of all warrants shall be five (5) years from the date of this
        agreement.  The equity, upon the warrants being exercised, will be
        Common shares with full voting rights attached to each share and are not
        cancelable and are non-callable.

      

      Subject
        to SEC regulation or underwriter’s requirements, each of the Common shares
        referenced herein shall have piggyback registration rights, reset provisions,
        a
        cashless exercise clause and shall have anti-dilution provisions, the effect
        of
        which will be to adjust the numbers of shares that are subject to each warrant
        granted to BRIDGESTREAM in the event any reverse stock splits,
        recapitalizations, reclassification, stock dividend or other subdivision
        of its
        capital stock occurs

      
 

      
        	
              	
                9.

              	
                REGISTRATION
                  OF SHARES

              

      

      

      If
        and
        when the Company commences the filing of a Registration Statement for either
        the
        Company or any other entities that provide additional access to a public
        market
        for the Company’s securities, the Company, at its own expense, hereby agrees to
        simultaneously register BRIDGESTREAM’s shares, provided that the regulations
        permit and the underwriter’s consent to such registration.

      

       

        
          	 	 	 	 	 
	
                  EnterConnect,
                    Inc.

                	
                  Date

                	 	
                  BRIDGESTREAM
                    Partners, LLC

                	
                  Date

                

        

         

      

      
        
          
          

        

        
          5

          
            

          

        

        
          
          

        

      

       

      BRIDGESTREAM
        PARTNERS, LLC

      Investment
        Bankers

      2726
        Shelter Island Drive, Suite 346

      San
        Diego, CA 92106

      (619)
        255-1878

      FAX:  (619)
        255-1878

      
        
          

        

       

      
        	
              	
                10.

              	
                STRATEGIC
                  PARTNERING

              

      

      

      In
        the
        event that BRIDGESTREAM is responsible for assisting or advising the Company
        in
        either a joint venture or a strategic partnering arrangement, BRIDGESTREAM
        will
        be compensated in accordance with the above fee schedule (Nos. 7 and 8) based
        upon the calculated value of the consideration received by the
        Company.  Such value shall include the value of all considerations
        received by the Company inclusive of stock, cash, credit lines arranged for,
        and
        any other beneficial sources of financing or asset(s) received.

      

      In
        the
        event that BRIDGESTREAM and the Company cannot agree on the value of such
        consideration, then BRIDGESTREAM and the Company shall agree on an independent
        party to value the joint venture with the cost to be borne equally between
        the
        Company and BRIDGESTREAM.

      

      

      
        	
              	
                11.

              	
                MERGERS
                  AND ACQUISITIONS

              

      

      .

      In
        the
        event that the Company deems it in its best interest to either acquire an
        entity
        introduced to it by BRIDGESTREAM, or conversely, to be acquired by an entity
        introduced by BRIDGESTREAM, then BRIDGESTREAM shall be entitled to a success
        fee
        upon transfer of control either to or by the acquiring entity.  The
        success fee shall be calculated based on the total consideration exchanged
        as
        follows:

      

      
        	
                 

              	
                ·

              	
                Five
                  percent (5%) is paid on the first two million dollars ($1,000,000
                  -
                  $2,000,000), plus

              

      

      

      
        	
                 

              	
                ·

              	
                Four
                  percent (4%) on the next two to four million dollars ($2,000,001
                  -
                  $4,000,000), plus

              

      

      

      
        	
                 

              	
                ·

              	
                Three
                  percent (3%) on the next four to six million dollars ($4,000,001
                  -
                  $6,000,000

              

      

      

      
        	
                 

              	
                ·

              	
                Two
                  percent (2%) on all amounts in excess of the first six million
                  dollars
                  ($6,000,001 and above).

              

      

      

      The
        value
        of any such consideration (whether debt or equity) or other property shall
        be
        equal to the actual consideration arising from the merger or acquisition.
        All
        fees to be paid pursuant to this Section 11, except as otherwise specified,
        are
        due and payable to BRIDGESTREAM in the same form of consideration and ratio
        of
        cash and/or equity as is received by the Company or its shareholders in the
        applicable merger or acquisition, (for example, if the Company receives
        Consideration in the form 25%
        cash
        and 75% common stock, BRIDGESTREAM’S compensation would be paid in 25% cash and
        75% in common stock) at the closing or closings of any transaction specified
        in
        Section 11 herein.

      
 

      In
        the
        event of a dispute as to the value of the consideration exchanged, an appraisal
        shall be performed by a mutually agreed to accounting firm not affiliated
        with
        this transaction.  The cost of the appraisal shall be shared equally
        between BRIDGESTREAM and the Company.

       

      
        
          	 	 	 	 	 
	
                  EnterConnect,
                    Inc.

                	
                  Date

                	 	
                  BRIDGESTREAM
                    Partners, LLC

                	
                  Date

                

        

         

      

      
        
          
          

        

        
          6

          
            

          

        

        
          
          

        

      

       

      BRIDGESTREAM
        PARTNERS, LLC

      Investment
        Bankers

      2726
        Shelter Island Drive, Suite 346

      San
        Diego, CA 92106

      (619)
        255-1878

      FAX:  (619)
        255-1878

      
        
          

        

      

      
 

      
        	
                 

              	
                12.  BRIDGESTREAM
                  FUNDING SOURCES

              

      

      

      As
        consideration for its services, the Company agrees to pay BRIDGESTREAM a
        success
        fee as outlined above (Nos. 7 and 8) upon financing by a source introduced
        by
        BRIDGESTREAM to the Company any time within thirty- six (36) months following
        the execution of this agreement.

      
 

      
        	
              	
                13.

              	
                REIMBURSEMENT
                  OF EXPENSES

              

      

      

      Irrespective
        of whether the Transaction is completed, the Company will either prepay or
        reimburse BRIDGESTREAM for any and all reasonable out-of-pocket expenses
        incurred by BRIDGESTREAM in the performance of its duties and obligations
        hereunder, including travel and lodging expenses and other reasonable
        out-of-pocket disbursements, provided that such expenses have been pre-approved
        by the Company in writing.  Any and all expenses above U.S. $500 will
        be pre-approved in writing by the Company.  BRIDGESTREAM reserves full
        discretion over its choice and schedule of transportation mode however the
        Company will only reimburse for coach airline fares.  Such
        reimbursements of expenses will be due immediately upon presenting receipts
        of
        bonafided expense items to the Company.

      

      The
        following are not incorporated in the expense items above and shall be paid
        directly by the Company as incurred:

      

      
        	
                 

              	
                ·

              	
                DHL,
                  Federal Express shall be charged in the Company’s respective
                  account(s),

              

      

      

      
        	
                 

              	
                ·

              	
                Color
                  copying or any duplication of all documents, text and pertinent
                  materials
                  is an additional
                  charge,

              

      

      

      
        	
                 

              	
                ·

              	
                Legal
                  cost for opinion letters from the Company’s counsel relating to any
                  prospective Private Placement
                  Memorandum,

              

      

      

      
        	
                 

              	
                ·

              	
                Accounting
                  cost for the preparation of reviews, compilations and/or audited
                  financial
                  statements,

              

      

       

      
        	
                 

              	
                ·

              	
                Printing
                  charges beyond the initial copies of the materials provided for
                  herein,

              

      

      

      
        	
                 

              	
                ·

              	
                Fairness
                  of value opinion
                  letters, legal opinion letters and the rendering of any other opinions
                  that would cause liability,

              

      

      

      
        	
                 

              	
                ·

              	
                 Business
                  plans or
                  constructive revisions thereof,

              

      

      

      
        	
                 

              	
                ·

              	
                Valuation
                  modeling using various techniques outside the internal modeling
                  capability
                  applicable to determine the range of pricing to potential
                  investors,

              

      

      

      
        
          	 	 	 	 	 
	
                  EnterConnect,
                    Inc.

                	
                  Date

                	 	
                  BRIDGESTREAM
                    Partners, LLC

                	
                  Date

                

        

         

      

      
        
          
          

        

        
          7

          
            

          

        

        
          
          

        

      

       

      BRIDGESTREAM
        PARTNERS, LLC

      Investment
        Bankers

      2726
        Shelter Island Drive, Suite 346

      San
        Diego, CA 92106

      (619)
        255-1878

      FAX:  (619)
        255-1878

      
        
          

        

      

      
 

      
        	
                 

              	
                ·

              	
                Private
                  Placement Offering Memorandum, and

              

      

      

      
        	
                 

              	
                ·

              	
                Subscription
                  Agreements and Investment
                  contracts.

              

      

      
 

      
        	
              	
                14.

              	
                PAYMENT
                  OF FEES

              

      

      

      All
        Fees
        are due under the following circumstances:

      

      Company
        hereby agrees to, and shall sign any required documents necessary to accommodate
        this Agreement, and to cause the funding source to pay directly to BRIDGESTREAM
        any and all Fees owed BRIDGESTREAM upon a Successful Financing.  Said
        fees to be paid by the funding source directly to BRIDGESTREAM or through
        a
        mutually approved, third party, specially created escrow arranged for this
        purpose, that will be paid for by the Company.

      

      If
        there
        occurs an event equivalent to a Successful Funding to the Company within
        three
        (3) years after expiration of the Term of this Agreement by any funding source
        contacted by BRIDGESTREAM on behalf of the Company or whose name appears
        on any
        list of funding sources (herein the "Registration List") which BRIDGESTREAM
        shall have delivered to Company during the Term, then a Fee shall be due
        and
        payable to BRIDGESTREAM on the same basis as a Fee would be due and payable
        had
        it been earned during the term of this Agreement.

      
 

      
        	
              	
                15.

              	
                WIRE
                  TRANSFER INSTRUCTIONS

              

      

      

      All
        sums
        required to be paid to BRIDGESTREAM shall be transferred by bank wire as
        per the
        following instructions as contained in Appendix A or as may be amended from
        time
        to time.

      

      

      
        	
              	
                16.

              	
                COMPANY
                  DIRECT UNDERWRITING OF DOCUMENTS FOR EQUITY OR SUB DEBT PRIVATE
                  PLACEMENT

              

      

      

      The
        Company shall indemnify and hold BRIDGESTREAM harmless from any damages,
        including reasonable attorney fees that may result solely from any
        misrepresentations made in any materials and disclosure documents prepared
        by
        the Company, its legal counsel and any other third parties retained by the
        Company.

      

      

      
        	
              	
                17.

              	
                INDEMNIFICATION

              

      

      

      The
        Company further agrees to indemnify and hold BRIDGESTREAM harmless in accordance
        with the indemnification provisions set forth as Addendum I hereto, which
        are
        incorporated herein by reference as if fully set forth below.  The
        Agreement and the indemnification provisions as set forth in

      Addendum
        I incorporate the entire understanding of the parties with respect to this
        engagement and supersede all previous Agreements, should they exist. All
        provisions of the indemnification provisions as set forth in Addendum I shall
        survive the Engagement Period.

      

      
        
          	 	 	 	 	 
	
                  EnterConnect,
                    Inc.

                	
                  Date

                	 	
                  BRIDGESTREAM
                    Partners, LLC

                	
                  Date

                

        

         

      

      
        
          
          

        

        
          8

          
            

          

        

        
          
          

        

      

       

      BRIDGESTREAM
        PARTNERS, LLC

      Investment
        Bankers

      2726
        Shelter Island Drive, Suite 346

      San
        Diego, CA 92106

      (619)
        255-1878

      FAX:  (619)
        255-1878

      
        
          

        

       

      
        	
              	
                18.

              	
                APPLICABLE
                  LAW AND ATTORNEYS FEES

              

      

      

      The
        internal laws of the State of California applicable to contracts fully performed
        within that State shall be used to interpret and govern all disputes arising
        from this Agreement.  The parties have not agreed to arbitrate
        claims or controversies arising from any failure to timely pay all sums due
        or
        otherwise perform under this Agreement.  The prevailing party in any
        litigation regarding such claims or controversies shall be entitled to its
        reasonable attorney’s fees and costs.

      

      

      
        	
              	
                19.

              	
                AMENDMENTS

              

      

      

      No
        amendments or modifications of this Agreement shall be valid or binding unless
        made in writing and signed by both BRIDGESTREAM and the Company.

      

      

      
        	
              	
                20.

              	
                NOTICES

              

      

      

      Notices
        are required to be given either party shall be sent to the following
        addresses:

      

      
        	
                Investment
                  Bankers:

              	
                BRIDGESTREAM
                  Partners, L.L.C.

              
	 	
                William
                  R. Willard, Managing Principal

              
	 	
                2726
                  Shelter Island Drive, Suite 346

              
	 	
                San
                  Diego, CA 92106

              
	 	
                Voice:  (619)
                  255-1878

              
	 	
                Fax:     (619)
                  255-1878

              
	 	
                Email:
                  wrwbridgestream@aol.com

              

      

      
 

      
        	
                Company:

              	
                Mr.
                  Sam P. Jankovich, Chief Executive Officer &
                  President

              
	 	
                EnterConnect,
                  Inc.

              
	 	
                San
                  Jose Metro Office

              
	 	
                100
                  Century Center Court

              
	 	
                Suite
                  650

              
	 	
                San
                  Jose, CA. 95112-4537

              
	 	
                Voice:  (408)
                  441-5280

              
	 	
                Fax:     (408)
                  452-9040

              
	 	
                Cell:     (770)
                  595-2570

              
	 	
                E-Mail:
                  sjankovich@enterconnectinc.com

              

      

       

      
        
          	 	 	 	 	 
	
                  EnterConnect,
                    Inc.

                	
                  Date

                	 	
                  BRIDGESTREAM
                    Partners, LLC

                	
                  Date

                

        

         

      

      
        
          
          

        

        
          9

          
            

          

        

        
          
          

        

      

       

      BRIDGESTREAM
        PARTNERS, LLC

      Investment
        Bankers

      2726
        Shelter Island Drive, Suite 346

      San
        Diego, CA 92106

      (619)
        255-1878

      FAX:  (619)
        255-1878

      
        
          

        

      

      
 

      
        	
              	
                21.

              	
                CONFLICTS
                  OF INTEREST

              

      

      

      The
        Company recognizes and accepts that:

      

      
        	
                 

              	
                ·

              	
                BRIDGESTREAM
                  regularly acts as the Financial Advisor for other companies who
                  wish to
                  acquire or invest in properties and businesses and may contact
                  the same
                  potential sources on behalf of multiple companies;
                  and

              

      

       

      
        	
                 

              	
                ·

              	
                Potential
                  conflicts of interest may arise for BRIDGESTREAM due to such other
                  relationships, which will be disclosed to the Company and approved
                  by the
                  Company on a case-by-case basis.

              

      

      
 

      
        	
              	
                22.

              	
                ADDITIONAL
                  PROVISIONS

              

      

      

      Except
        as
        required by law, this Financial Advisory Agreement and the services and advice
        to be provided by BRIDGESTREAM hereunder, shall not be disclosed to third
        parties other than the Company’s Directors, Officers or its legal and accounting
        advisors without BRIDGESTREAM’S prior written permission.

      

      This
        Agreement is made solely for the benefit of BRIDGESTREAM and the Company
        and for
        the persons, agents, employees, officers, directors and controlling persons
        referred to in the indemnification provisions as set forth in Addendum I
        and
        their respective successors, assigns and heirs, and no other person shall
        acquire or have any right under or by virtue of this Agreement. BRIDGESTREAM
        shall not assign this Agreement without prior written consent of the
        Company.

      

      The
        drafting of this Agreement shall be deemed a collaborative effort and therefore
        in the event of ambiguity, shall not de facto be construed against the
        drafter.

      

      The
        terms, conditions, methodology and structuring of the proposed financing(s)
        contained and described throughout this Agreement are all subject to
        satisfactory completion of Due Diligence by BRIDGESTREAM and any of its sources
        of funding

       

      
        
          	 	 	 	 	 
	
                  EnterConnect,
                    Inc.

                	
                  Date

                	 	
                  BRIDGESTREAM
                    Partners, LLC

                	
                  Date

                

        

         

      

      
        
          
          

        

        
          10

          
            

          

        

        
          
          

        

      

       

      BRIDGESTREAM
        PARTNERS, LLC

      Investment
        Bankers

      2726
        Shelter Island Drive, Suite 346

      San
        Diego, CA 92106

      (619)
        255-1878

      FAX:  (619)
        255-1878

      
        
          

        

      

      
 

      
        	
              	
                23.

              	
                ENTIRE
                  AGREEMENT

              

      

      

      This
        Agreement constitutes the entire Agreement between BRIDGESTREAM and the Company
        with regard to the subject matter hereof with exception to the Confidentiality
        and Non-Circumvent Agreement executed between the parties on ______________,
        2007 and referenced herein. Any modification or amendment of any provision
        of
        this Agreement must be made in writing and agreed to in writing by BRIDGESTREAM
        and the Company.

      

      If
        this
        letter correctly states our Agreement, please so indicate by signing below,
        initial and date each page, and return an executed copy to the undersigned
        at
        your earliest convenience.  Upon receipt of a signed and executed copy
        of this letter and the terms and conditions specified in the Agreement including
        confirmation of the wire transfer of funds shall constitute a binding Agreement
        between BRIDGESTREAM and the Company.

      

      

      Yours
        sincerely,

      

      BRIDGESTREAM
        PARTNERS, L.L.C.

      
 

      
        	By:	
                 

              	 
	 	
                William
                  R. Willard

              	 
	 	
                Managing
                  Principal

              	 

      

      

      

      Accepted
        and Agreed to this ________day of_______________, 2007.

      

      

      BUYINGSOLUTIONS,
        INC.

      
 

      
        	By:	
                 

              	 
	 	
                Sam
                  P. Jankovich

              	 
	 	
                Chief
                  Executive Officer & President

              	 

      

      
 

      SIGNED,
        SEALEDAND DELIVERED in the presence of:

      
 

      
        	 	 	
                Date: 

              	 	 
	
                Name

              	
                Title

              	 	 

      

       

      
        
          	 	 	 	 	 
	
                  EnterConnect,
                    Inc.

                	
                  Date

                	 	
                  BRIDGESTREAM
                    Partners, LLC

                	
                  Date

                

        

         

        
          
            
            

          

          
            11

            
              

            

          

          
            
            

          

        

      

       

      BRIDGESTREAM
        PARTNERS, LLC

      Investment
        Bankers

      2726
        Shelter Island Drive, Suite 346

      San
        Diego, CA 92106

      (619)
        255-1878

      FAX:  (619)
        255-1878

      
        
          

        

      

      
 

      ADDENDUM
        I

      PRIVATE
        PLACEMENT

      INDEMNIFICATION
        AGREEMENT

      

      

      EnterConnect,
        Inc. (“ECI”) agrees to indemnify BRIDGESTREAM PARTNERS, LLC. (“BRIDGESTREAM”),
        its employees, directors, officers, agents, affiliates, and each person,
        if any,
        who controls it within the meaning of either Section 20 of the Securities
        Exchange Act of 1934 or Section 15 of the Securities Act of 1933 (each such
        person, including BRIDGESTREAM, is referred to as (“Indemnified Party”) from and
        against any losses, claims, damages and liabilities, joint or several (including
        all legal or other expenses reasonably incurred by an Indemnified Party in
        connection with the defense of any threatened or pending claims, action or
        proceeding, whether or not resulting in any liability) (“Damages”), to which
        such Indemnified Party, in connection with its services or arising out of
        its
        engagement hereunder, may become subject under any applicable Federal or
        state
        law or otherwise, including, but not limited to, liability (i) caused by
        or
        arising out of an untrue statement or an alleged untrue statement of a material
        fact or the omission  or alleged omission to state a material fact
        necessary in order to make a statement not misleading in light of the
        circumstances under which it was made, (ii) caused by or arising out of any
        act
        of failure to act, or (iii) arising out of BRIDGESTREAM’S engagement or the
        rendering by any Indemnified Party of its services under this Agreement;
        provided, however, that ECI will not be liable to the Indemnified Party
        hereunder to the extent that any Damages resulted from the gross negligence,
        bad
        faith or willful misconduct of the Indemnified Party seeking indemnification
        hereunder.

      

      If
        for
        any reason other than as provided in the preceding paragraph, the foregoing
        indemnity is unavailable to an Indemnified Party or is insufficient to hold
        an
        Indemnified Party harmless, then ECI shall contribute to the amount paid
        or
        payable by an Indemnified Party as a result of such Damages in such proportion
        as is appropriate to reflect not only the relative benefits received by ECI
        and
        its shareholders on the one hand and BRIDGESTREAM on the other, but also
        the
        relative fault of ECI and the Indemnified Party as well as any relevant
        equitable considerations, subject to the limitation that in no event shall
        the
        total contribution of all Indemnified Parties to all such Damages exceed
        the
        amount of fees actually received and retained by BRIDGESTREAM
        hereunder.

      

      Promptly
        after receipt by the Indemnified Party of notice of any claim or the threatened
        claim or the commencement of any action in respect of which indemnity may
        be
        sought, the Indemnified Party will notify ECI in writing of the receipt of
        the
        notice or commencement of any action, enclosing a copy of all papers received,
        and ECI shall have the right to assume the defense of such claim or action
        (including the employment of counsel reasonably satisfactory to the Indemnified
        Party and the payment of fees and expenses of such counsel), provided that
        the
        Indemnified Party shall have the right to control its defense if, in the
        opinion
        of its counsel, the Indemnified has legal defenses available to it that are
        different from and inconsistent or in conflict with those available to
        ECI  In any event, the Indemnified Party shall have the right to
        retain counsel reasonably satisfactory to ECI at ECI’s expense, to represent it
        in any claim or action in respect of which indemnity may be sought and agrees
        to
        cooperate with ECI and ECI’s counsel in the defense of such claim or action or
        separate but substantially similar or related claims or actions in the same
        jurisdiction arising out of the same general allegations or circumstances,
        be
        liable for the reasonable fees and expenses of more than one separate firm
        of
        attorneys for all the Indemnified Parties.

       

      
        
          	 	 	 	 	 
	
                  EnterConnect,
                    Inc.

                	
                  Date

                	 	
                  BRIDGESTREAM
                    Partners, LLC

                	
                  Date

                

        

         

      

      
        
          
          

        

        
          12

          
            

          

        

        
          
          

        

      

       

      BRIDGESTREAM
        PARTNERS, LLC

      Investment
        Bankers

      2726
        Shelter Island Drive, Suite 346

      San
        Diego, CA 92106

      (619)
        255-1878

      FAX:  (619)
        255-1878

      
        
          

        

      

      
 

      In
        the
        event that ECI does not within a reasonable period of time assume the defense
        of
        a claim or action to which indemnification hereunder is applicable, the
        Indemnified Party shall have the right to employ counsel reasonably satisfactory
        to ECI at ECI’s expense, to defend such claim or action.  The omission
        by an Indemnified Party to promptly notify ECI of the receipt, or commencement
        of any claim, action or proceeding in respect of which indemnity may be sought
        will relieve ECI from any liability ECI may have to such Indemnified Party
        only
        to the extent that such a delay in notification materially prejudices ECI’s
        defense of such claim or action. ECI shall not be liable for any settlement
        of
        any such claim or action without its written consent and may settle any such
        claim or action without the consent of an Indemnified Party.

       

      
        
          	 	 	 	 	 
	
                  EnterConnect,
                    Inc.

                	
                  Date

                	 	
                  BRIDGESTREAM
                    Partners, LLC

                	
                  Date

                

        

         

      

      
        
          
          

        

        
          13

          
            

          

        

        
          
          

        

      

       

      BRIDGESTREAM
        PARTNERS, LLC

      Investment
        Bankers

      2726
        Shelter Island Drive, Suite 346

      San
        Diego, CA 92106

      (619)
        255-1878

      FAX:  (619)
        255-1878

      
        
          

        

      

       

      APPENDIX
        “A”

      

      Wire
        Transfer Instructions:

      

      Bank
        of
        America

      7680
        Girard Avenue

      La
        Jolla,
        CA. 92037

      (858)
        452-8400 Customer Service

      

      

      Routing
        Number:    026009593

      

      Account
        of:  BRIDGESTREAM TRUST

      

      Account
        Number:    0170203701

      

      Instructions:

      

      
        	
                 

              	
                1.

              	
                Notify
                  William R. Willard of Wire Transfer Number, Time of Transfer and
                  Bank
                  Confirmation Record.

              

      

      

      
        	
                 

              	
                2.

              	
                Request
                  Bank of America to
                  confirm receipt of wire transfer into account to Mr. Willard at
                  (619)
                  255-1878.

              

      

      

      
        
          	 	 	 	 	 
	
                  EnterConnect,
                    Inc.

                	
                  Date

                	 	
                  BRIDGESTREAM
                    Partners, LLC

                	
                  Date

                

        

         

      

       

      14

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