Document:

EXHIBIT 10.1

REORGANIZATION AGREEMENT BY & BETWEEN COLMENA CORP., A DELAWARE CORPORATION
("COLMENA"), AND NETWORTH SYSTEMS, INC., A FLORIDA CORPORATION ("NETWORTH")

TABLE OF CONTENTS

ARTICLE I:    PLAN OF REORGANIZATION

1.1      Definitions
1.2      Reorganization
1.3      Effect of the Reorganization
1.4      Reserved
1.5      Reserved
1.6      Shares to Be Issued & Effect on Capital Stock
1.7      Exchange of Certificates
1.8      No Further Ownership Rights in NetWorth's Securities
1.9      Lost, Stolen or Destroyed Certificates
1.10     Tax Consequences and Accounting Treatment
1.11     Taking of Necessary Action & Further Action

ARTICLE II:   NETWORTH'S REPRESENTATIONS AND WARRANTIES

2.1      Organization of NetWorth
2.2      NetWorth's Capital Structure
2.3      Subsidiaries
2.4      Authority
2.5      NetWorth's Financial Statements
2.6      No Undisclosed Liabilities
2.7      No Changes
2.8      Tax and Other Returns and Reports
2.9      Restrictions on Business Activities
2.10     Title of Properties, Absence of Liens and Encumbrances & Condition of
         Equipment
2.11     Intellectual Property
2.12     Agreements, Contracts and Commitments
2.13     Interested Party Transactions
2.14     Governmental Authorization
2.15     Litigation
2.16     Accounts Receivable
2.17     Minute Books
2.18     Environmental and OSHA
2.19     Brokers' and Finders' Fees
2.20     Labor Matters
2.21     Insurance
2.22     Compliance with Laws
2.23     Complete Copies of Materials
2.24     Binding Agreements & No Default
2.25     Regulation SB Disclosure Document
2.26     FIRPTA
2.27     Employee Benefit Plans
2.28     Distribution Agreements
2.29     Disclosure to NetWorth's Stockholders
2.30     Representations Complete

ARTICLE III   COLMENA'S REPRESENTATIONS AND WARRANTIES

3.1      Organization, Standing and Power
3.2      Capital Structure
3.3      Authority
3.4      Exchange Act Reports & Colmena's Financial Statements

<PAGE>

3.5      Brokers' and Finders' Fees
3.6      Ownership of NetWorth's Common Stock
3.7      Litigation
3.8      Limited Activities
3.9      No Undisclosed Liabilities
3.10     No Changes
3.11     Tax and Other Returns and Reports
3.12     Environmental and OSHA
3.13     Representations Complete

ARTICLE IV    CONDUCT PRIOR TO THE CLOSING

4.1      Conduct of Business of NetWorth
4.2      No Solicitation
4.3      Conduct of Business of Colmena

ARTICLE V     ADDITIONAL AGREEMENTS

5.1      Report on Form 8-K
5.2      Consent of NetWorth's Stockholders
5.3      Access to Information
5.4      Confidentiality
5.5      Expenses
5.6      Public Disclosure
5.7      Consents
5.8      Affiliate Agreements
5.9      Legal Requirements
5.10     Blue Sky Laws
5.11     Best Efforts, Additional Documents and Further Assurances
5.12     Employment Agreements
5.13     Board of Directors
5.14     Additional Covenants by NetWorth

ARTICLE VI    CONDITIONS TO THE REORGANIZATION

6.1      Conditions to Obligations of Each Party to Effect the Reorganization
6.2      Additional Conditions to Obligations of NetWorth
6.3      Additional Conditions to Obligations of Colmena

ARTICLE VII   SURVIVAL OF CONDITION SUBSEQUENT, REPRESENTATIONS AND WARRANTIES,
COVENANTS; UNDISCLOSED LIABILITIES ESCROW

7.1      Survival of Condition Subsequent, Representations and Warranties &
         Covenants
7.2      Escrow Arrangements

ARTICLE VIII  TERMINATION, AMENDMENT AND WAIVER

8.1      Termination
8.2      Effect of Termination
8.3      Amendment
8.4      Extension & Waiver

ARTICLE IX    GENERAL PROVISIONS

9.1      Interpretation
9.2      Notice
9.3      Merger of All Prior Agreements Herein
9.4      Survival
9.5      Severability
9.6      Governing Law

<PAGE>

9.7      Indemnification
9.8      Dispute Resolution
9.9      Benefit of Agreement
9.10     Further Assurances
9.11     Counterparts
9.12     License

                                    SCHEDULES

Schedule 1.4               NetWorth's Constituent Documents
Schedule 1.7               NetWorth's Final Stockholder Data
Schedule 2                 Exceptions to NetWorth's Representations & Warranties
Schedule 2.5(A)            NetWorth's Financial Statements
Schedule 2.10(A)(1)        Real Property
Schedule 2.10(C)           Equipment
Schedule 2.11              Intellectual Property
Schedule 2.12              Contracts, Agreements & Commitments
Schedule 2.14              Governmental Authorization
Schedule 2.15              Litigation
Schedule 2.20              List of Employees
Schedule 2.21              Insurance
Schedule 2.27              Employee Benefit Plans
Schedule 2.28              Distribution Agreements
Schedule 4.1               Exceptions to Prohibited Pre-Closing Actions
Schedule 5.7               Consents
Schedule 5.8               Affiliates
Schedule 5.12              List and Summary of Employment Agreements

                                    EXHIBITS

Exhibit 0.1       NetWorth Stockholders' Powers of Attorney
Exhibit 2.25      Regulation SB Disclosure Document
Exhibit 5.8       Affiliate Agreements
Exhibit 5.12      Copies of Contracts, Agreements & Commitments
Exhibit 6.2(D)    Colmena Legal Opinion
Exhibit 6.3(E)    NetWorth Legal Opinion
Exhibit 6.3(K)    Confidentiality Agreements
Exhibit 7.2       Escrow Allocation Information

                            REORGANIZATION AGREEMENT

         THIS REORGANIZATION AGREEMENT (the "Agreement") is made and entered
into by and among Colmena Corp., a publicly held Delaware corporation with a
class of securities registered under Section 12(g) of the Securities Exchange
Act of 1934, as amended ("Colmena" and the "Exchange Act," respectively);
NetWorth Systems, Inc., a Florida corporation ("NetWorth"); Joshua Eikov, a
Florida resident and the elected and serving president of NetWorth, acting as
the authorized attorney-in-fact for all of the securities holders of NetWorth
pursuant to the currently effective special powers of attorney annexed hereto
and made a part hereof as composite exhibit 0.1 ("Mr. Eikov" and the "NetWorth
Stockholders," respectively);" Colmena, NetWorth and the NetWorth Stockholders
being sometimes hereinafter collectively referred to as the "Parties" or
generically as a "Party").

                                    PREAMBLE:

         WHEREAS, the boards of directors of Colmena and NetWorth believe it is
in the best interests of each corporation and their respective stockholders that
NetWorth become a wholly owned subsidiary of Colmena and, in furtherance
thereof, have approved the Reorganization; and

<PAGE>

         WHEREAS, pursuant to the terms of the Reorganization, as hereinafter
set forth, among other things, all of the outstanding and reserved securities of
NetWorth (the "NetWorth's Securities") will be exchanged for approximately 60%
of the shares of Colmena's common stock, $0.01 par value ("Colmena's common
stock"), outstanding on the Closing Date, subject to adjustment up to 80% as
provided in this Agreement; and

         WHEREAS, NetWorth, Colmena and the NetWorth Stockholders desire to make
certain representations and warranties and other agreements in connection with
the Reorganization and their subsequent operating and business relationships;
and

         WHEREAS, the Parties intend, by executing this Agreement, to adopt a
plan of reorganization within the meaning of Section 368(a)(1)(B) of the
Internal Revenue Code of 1986, as amended (the "Code"):

         NOW, THEREFORE, in consideration of the covenants, promises and
representations set forth herein, and for other good and valuable consideration,
the Parties, intending to be legally bound, hereby agree as follows:

                                   WITNESSETH:

                                    ARTICLE I
                             PLAN OF REORGANIZATION

1.1      Definitions

         The following terms, whether or not initially capitalized, will have
the meanings set forth below:

(A)      2003 10-KSB:         Colmena's report on Commission Form 10-KSB for the
                              fiscal year ended September 30, 2003.

(B)      Accredited Investor: A person or entity that meets the asset or income
                              requirements for treatment as an accredited
                              investor specified in Rule 501 of Commission
                              Regulation D promulgated under the Securities Act

(C)      Affiliate:           An entity or person that controls, is controlled
                              by or is under common control with another person.

(D)      Colmena Financial
         Statements:          Financial statements, including all related
                              schedules and the notes thereto, of Colmena
                              included in the report on Commission Form 10-KSB
                              for the period ended September 30, 2003, as
                              amended; the reports on Commission Form 10-QSB
                              filed subsequent to September 30, 2003 and any
                              financial statements included in current reports
                              on Commission Form 8-K filed since the dates of
                              the Subsequent Quarterly Reports; all such
                              financial statements being hereinafter
                              collectively and generically referred to as the
                              "Colmena Financial Statements,"

(E)      Colmena Schedules:   The schedules referenced by the Section
                              designations of this Agreement as to which they
                              apply, annexed at the direction of Colmena to this
                              Agreement and constituting a material component of
                              this Agreement.

(F)      Reserved

(G)      Capital Stock:       The generic term used for equity securities,
                              whether common, preferred or otherwise.

<PAGE>

(H)      Closing:             The event at which the exchange of all of the
                              NetWorth securities will be exchanged for
                              approximately 60% of the outstanding shares of
                              Colmena's common stock.

(I)      Closing Date:        The date on which the Closing takes place.

(J)      Commission:          The United States Securities and Exchange
                              Commission.

(K)      Code:                The Internal Revenue Code of 1986, as amended.

(L)

         Commercial
         Software Rights:     Packaged commercially available software programs
                              generally available to the public through retail
                              dealers in computer software which have been
                              licensed to end-user licenses and which are used
                              in the licensee's business but are in no way a
                              component of or incorporated in any of its
                              products and related trademarks, technology and
                              know-how.

(M)      Reserved

(N)      (1) Escrow Agent:    The person or entity acting as escrow agent
                              pursuant to the terms of this Agreement.

         (2) Escrow Funds:    The accounts maintained by the Escrow Agent for
                              the Escrow Shares and related distributions.

(O)      (1) Escrow Shares:   The collective term for all shares of Colmena
                              common stock held by the Escrow Agent in the
                              Escrow Funds.

         (2) Escrow Term:     The periods of time during which the Escrow Agent
                              holds the Escrow Shares.

(P)      Exchange Act:        The Securities Exchange Act of 1934, as amended.

(Q)      Exchange Act
         Reports:             All reports filed by Colmena with the Commission
                              pursuant to the Exchange Act, including all
                              exhibits filed therewith.

(R)      Exchange Agent:      The person or entity responsible following the
                              Closing, for issuing and delivering the shares of
                              Colmena's common stock to NetWorth's Stockholders
                              and the Escrow Agent.

(S)      Exchange Ratio:      The quotient obtained by dividing the shares of
                              Colmena's common stock to be issued to NetWorth by
                              the number of shares of NetWorth's common stock.

(T)      GAAP:                Generally accepted accounting principles,
                              consistently applied.

(U)      Reserved.

(V)      IRS:                 The United States Internal Revenue Service.

(W)      Knowledge:           When used to qualify a representation or warranty,
                              the word "knowledge" or any derivations or
                              variations thereof, whether in the form of a word
                              or phrase, will mean knowledge after reasonable
                              inquiry by a senior executive officer of the legal
                              entity on whose behalf the assertion is made and
                              will include information that such legal entity
                              should have had in the exercise of reasonable
                              diligence.

<PAGE>

(X)      Reserved.

(Y)      NetWorth's Financial
         Statements:          NetWorth's financial statements (balance sheets,
                              income statements and related schedules and
                              footnotes) as of and for the fiscal year ending
                              December 31, 2003 (audited), any calendar quarter
                              ended between December 31, 2003 and the Closing
                              Date (unaudited), and NetWorth's balance sheet as
                              of the day preceding the date of this Agreement,
                              all prepared in conformity with GAAP and
                              applicable Commission auditing rules and
                              regulations.

(Z)      Net Worth Schedules: The schedules referenced by the Section
                              designations of this Agreement as to which they
                              apply, annexed at the direction of NetWorth to
                              this Agreement and constituting a material
                              component of this Agreement.

(AA)     Material:            When used to qualify a representation or warranty,
                              the word "material" or any derivations or
                              variations thereof, whether in the form of a word
                              or phrase, will mean a variance that could have
                              negatively affected a decision by a reasonably
                              prudent person to engage in the transactions
                              contemplated by this Agreement, and will be
                              measured both on the occasion in which such term
                              is referenced as well as on an aggregate basis
                              with other similar matters.

(BB)     NASD:                The National Association of Securities Dealers,
                              Inc., a Delaware corporation and self regulatory
                              organization registered with the Commission.

(CC)     OTC Bulletin Board:  The over the counter electronic securities market
                              operated by the NASD.

(DD)     Reserved.

(EE)     Reserved.

(FF)     Securities Act:      The Securities Act of 1933, as amended.

(GG)     Subsequent
         Current Reports:     Colmena's reports on Commission Form 8-K filed
                              after the Subsequent Quarterly Reports but prior
                              to the date of this Agreement.

(HH)     Subsequent Exchange
         Act Reports:         Colmena's reports filed with the Commission
                              pursuant to requirements of the Exchange Act after
                              the date of this Agreement but prior to the date
                              of Closing on this Agreement.

(II)     Subsequent
         Quarterly Reports:   Colmena's reports on Commission Form 10-QSB for
                              the quarterly periods following the 2003 10-KSB
                              filed prior to the date of this Agreement.

(JJ)     Substantial
         Compliance:          Compliance which the Party for whose benefit or at
                              whose request an act is performed, or for whose
                              benefit or at whose request an act is refrained
                              from could under the circumstances be reasonably
                              expected to accept as full compliance.

<PAGE>

(KK)     Tax:                 For the purposes of this Agreement, a "Tax" or,
                              collectively, "Taxes," means any and all federal,
                              state, local and foreign taxes, assessments and
                              other governmental charges, duties, impositions
                              and liabilities, including taxes based upon or
                              measured by gross receipts, income, profits,
                              sales, use and occupation, and value added, ad
                              valorem, transfer, franchise, withholding,
                              payroll, recapture, employment, excise and
                              property taxes, together with all interest,
                              penalties and additions imposed with respect to
                              such amounts and any obligations under any
                              agreements or arrangements with any other person
                              with respect to such amounts.

(LL)     Ten-Day
         Average              Price: The average closing transaction price of a
                              share of Colmena's publicly traded common stock
                              for the ten most recent days that Colmena's common
                              stock has traded ending on the trading day prior
                              to the date in question, as reported on the OTC
                              Bulletin Board.

(MM)     Undisclosed Liabilities
         Escrow Number:       The shares of Colmena's common stock deducted from
                              the shares issuable to the NetWorth Stockholders
                              to be held in escrow as a means of generating
                              funds that may be required to pay for undisclosed
                              liabilities of NetWorth or to rectify other
                              violations of NetWorth's obligations under this
                              Agreement.

(NN)     Undisclosed Liabilities
         Escrow Agent:        Jeffrey Klein, Esq., or such other person
                              designated for such role by Colmena.

(OO)     Additional defined terms are specified in certain sections and
         subsections below and are characterized by the use of initial letter
         capitalization.

1.2      Reorganization

(A)      The Reorganization.

         (1)      At the Closing on this Agreement, Networth and all of the
                  NetWorth's Stockholders will exchange all of their NetWorth
                  securities, being an aggregate of 50,000,000 shares of common
                  stock, $0.0001 par value, 22,843,173 of which are issued and
                  outstanding, for 75,000,000 shares of Colmena common stock,
                  $0.01 par value, which represents approximately 60% of the
                  outstanding shares of Colmena's common stock, as called for by
                  this Agreement.

         (2)      The shares of Colmena's common stock will be issued by the
                  Exchange Agent following the Closing and will be distributed
                  as follows:

                  (a)      20% of the shares will be issued to Jeffrey Klein,
                           Esq. as the Undisclosed Liabilities Escrow Agent, to
                           be used from time to time to discharge undisclosed
                           liabilities of NetWorth or other violations of its
                           obligations under this Agreement, as described in
                           Article Seven, with the balance, if any, transferred
                           to the NetWorth Stockholders in proportion to their
                           holdings of NetWorth common stock immediately prior
                           to the Closing, at such time as Colmena's audited
                           financial statements for the year ended December 31,
                           2004 are filed with the Commission.

                  (b)      The balance of the Colmena shares will be issued to
                           NetWorth's Stockholders, in proportion to their
                           holdings of NetWorth common stock immediately prior
                           to the Closing.

<PAGE>

(B)      As promptly as practicable after the satisfaction or waiver of the
conditions set forth in Article VI, the Parties will cause the Reorganization to
be consummated by effecting the exchange all of NetWorth's common stock for the
initial shares of Colmena's common stock, as described above.

(C)      The Closing Date and time of the Reorganization will be the date and
time on which the Closing of this Reorganization Agreement is consummated, which
shall, in any event, take place on or before September 30, 2004, unless the
Parties agree in writing to further extend the Closing Date.

(D)      At the Closing the Parties will exchange all closing documentation,
certificates, resolutions, exhibits, schedules and opinions called for by this
Agreement, and

         (1)      All stockholders of NetWorth will have repaid NetWorth all
                  debts theretofore owed by them to NetWorth (either in the form
                  of loans to stockholders or advances to employees, consultants
                  or independent contractors);

         (2)      All of NetWorth's outstanding securities will be exchanged
                  with Colmena for approximately 60% of Colmena's common stock,
                  as specified above; provided that delivery of the certificates
                  for the shares of Colmena's common stock will be made directly
                  to NetWorth's Stockholders and the Escrow Agent by Colmena's
                  stock transfer agent as soon as practicable after the Closing.

1.3      Effect of the Reorganization.

         At the Closing, the effect of the Reorganization will be that
NetWorth's will become a wholly owned subsidiary of Colmena and that the
stockholders of NetWorth immediately prior to the Closing will become
stockholders of Colmena at the Closing, with no further rights, title or
interest in NetWorth, other than indirectly as stockholders of Colmena.

1.4      Reserved.

1.5      Reserved

1.6      Maximum Shares to Be Issued & Effect on Capital Stock.

(A)      The number of shares of Colmena's common stock to be issued in exchange
for all of the NetWorth Capital Stock (the only NetWorth securities to be
outstanding or reserved at the Closing) will be:

         (1)      Approximately 75,000,000 shares, or approximately 60% of the
                  outstanding shares of common stock as of the Closing Date.

         (2)      At the end of the fiscal year ending December 31, 2005, if
                  NetWorth achieves at least $250,000 in net, pre-tax profits,
                  Colmena will issue such additional shares of common stock so
                  as to give NetWorth a total of 80% of the outstanding shares
                  of Colmena's common stock at that time. If NetWorth fails to
                  meet 100% of the specified profit projection at that time, the
                  number of additional shares to be issued will be adjusted in
                  direct proportion to the percentage of net, pre-tax profit
                  actually achieved, provided, however, that if NetWorth fails
                  to achieve at least $125,000 in net, pre-tax profits at that
                  time, it will not receive any additional shares of Colmena
                  common stock.

(B)      Adjustments to Exchange Ratio.

         The Exchange Ratio (as provided in the foregoing paragraph) will be
         adjusted to reflect fully the effect of any stock split, reverse split,
         stock dividend (including any dividend or distribution of securities
         convertible into Colmena's common stock or NetWorth's common stock),
         reorganization, recapitalization or other like change with respect to
         Colmena's common stock or NetWorth's common stock occurring after the
         date hereof and prior to the Closing.

<PAGE>

(C)      Fractional Shares.

         No fraction of a share of Colmena's common stock will be issued, but in
         lieu thereof each holder of shares of NetWorth's common stock who will
         otherwise be entitled to a fraction of a share of Colmena's common
         stock (after aggregating all fractional shares of Colmena's common
         stock to be received by such holder) will be entitled to receive from
         Colmena a whole share of Colmena's common stock.

1.7      Exchange of Certificates.

(A)      Exchange Agent.

         Unless modified by Colmena prior to the Closing Date, Colmena's current
         transfer agent will serve as the Exchange Agent

(B)      Colmena to Provide Common Stock.

         Colmena will promptly make available to the Exchange Agent for exchange
         in accordance with this Article I the shares of Colmena's common stock
         issuable pursuant to Section 1.6 in exchange for all of the outstanding
         shares of NetWorth's common stock.

(C)      Exchange Procedures.

         (1)      All certificates for shares of NetWorth's outstanding common
                  stock will be tendered to Colmena at the Closing, with
                  medallion signature guarantees or otherwise in proper form for
                  immediate transfer to the order of Colmena, whereupon Colmena
                  will issue instructions to the Exchange Agent to issue shares
                  of Colmena's common stock, in the quantities and names set
                  forth in Schedule 17(C), subject to the Undisclosed
                  Liabilities Escrow requirements of Article VII.
                  Notwithstanding the foregoing, if any NetWorth Stockholder is
                  unable to deliver to Colmena either the Stockholder's stock
                  certificate or a share certificate that has been medallion
                  signature guaranteed, NetWorth will be authorized to cancel
                  any such shares and reissue said share certificate in the name
                  of Colmena.

         (2)      (a) As soon as practicable after the Closing, and subject to
                  and in accordance with the provisions of Article VII hereof,
                  Colmena will cause to be distributed to the Undisclosed
                  Liabilities Escrow Agent a certificate or certificates
                  representing that number of shares of Colmena's common stock
                  equal to the Undisclosed Liabilities Escrow Number which will
                  be registered in the name of the Undisclosed Liabilities
                  Escrow Agent.

                  (b) The shares registered in the name of the Undisclosed
                  Liabilities Escrow Agent will be beneficially owned by the
                  holders on whose behalf such shares were deposited in the

<PAGE>

                  Undisclosed Liabilities Escrow Fund but will be available to
                  compensate Colmena for certain damages as provided in Article
                  VII.

(D)      Transfers of Ownership.

         If any certificate for shares of Colmena's common stock is to be issued
         in a name other than that in which the certificate surrendered in
         exchange therefor is registered, it will be a condition of the issuance
         thereof that the certificate so surrendered will be properly endorsed
         and otherwise in proper form for transfer and that the person
         requesting such exchange will have paid to Colmena or any agent
         designated by it any transfer or other Taxes required by reason of the
         issuance of a certificate for shares of Colmena's common stock in any
         name other than that of the registered holder of the certificate
         surrendered, or established to the satisfaction of Colmena, or any
         agent designated by it, that such Tax has been paid or is not payable.

(E)      No Liability.

         Notwithstanding anything to the contrary in this Section 17, neither
         the Escrow Agent, the Exchange Agent, Colmena, NetWorth or any other
         person will be liable to a holder of shares of Colmena's common stock
         or NetWorth's Capital Stock for any amount properly paid to a public
         official pursuant to any applicable abandoned property, escheat or
         similar law.

1.8      No Further Ownership Rights in NetWorth's Securities.

(A)      All shares of Colmena's common stock issued upon the surrender for
exchange of shares of NetWorth's Capital Stock in accordance with the terms
hereof will be deemed to have been issued in full satisfaction of all rights
pertaining to such shares of NetWorth's Capital Stock, and there will be no
further registration of transfers on the records of NetWorth, of shares of
NetWorth's Capital Stock which were outstanding immediately prior to the
Closing.

(B)      If, after the Closing, Certificates are presented to NetWorth, for any
reason, they will be canceled and exchanged as provided in this Article I.

1.9      Lost, Stolen or Destroyed Certificates.

         In the event any certificates evidencing shares of NetWorth's Capital
         Stock will have been lost, stolen or destroyed, NetWorth's transfer
         agent or share registrar will, prior to the Closing, have issued in
         exchange for such lost, stolen or destroyed certificates, upon the
         making of an affidavit of that fact by the holder thereof, such shares
         of its stock as may have been required pursuant to Section 1.6;
         provided, however, that Colmena may, in its discretion and as a
         condition precedent to the issuance of the shares of Colmena's common
         stock to be exchanged therefor, require the owner of such lost, stolen
         or destroyed certificates to deliver an affidavit concerning the lost
         securities, as well as a bond in such sum as it may reasonably direct
         as indemnity against any claim that may be made against Colmena or the
         Exchange Agent with respect to the certificates alleged to have been
         lost, stolen or destroyed.

<PAGE>

1.10     Tax Consequences and Accounting Treatment.

         It is intended by the Parties that the Reorganization will constitute a
         reorganization within the meaning of Section 368(a)(1)(B) of the Code,
         and the Parties agree that if modification of the terms of this
         Agreement in a non-material manner to attain such qualification is
         necessary, they will negotiate in good faith to make such required
         modification.

1.11     Taking of Necessary Action: Further Action.

         If, at any time after the Closing, any further action is necessary or
         desirable to carry out the purposes of this Agreement including the
         vesting in Colmena of full right, title and possession to all of
         NetWorth's Capital Stock or compliance with the requirements of Code
         Section 368(a)(1)(B), the officers and directors of Colmena and
         NetWorth are fully authorized in the name of their respective
         corporations or otherwise to take, and will take, all lawful and
         necessary action.

                                   ARTICLE II
                   REPRESENTATIONS AND WARRANTIES OF NETWORTH

         NetWorth hereby represents and warrants to Colmena, as a material
inducement to its entry into this Agreement, subject only to the exceptions
specifically disclosed in Schedule 2, as follows:

2.1      Organization of NetWorth.

(A)      NetWorth is a corporation duly organized, validly existing and in good
standing under the laws of the State of Florida.

(B)      NetWorth has the corporate power to own its property and to carry on
its business as now being conducted and as proposed to be conducted by NetWorth.

(C)      NetWorth is duly qualified to do business and in good standing as a
foreign corporation in each jurisdiction in which the failure to be so qualified
would have a material adverse effect on the business, assets (including
intangible assets), financial condition, or results of operations of NetWorth.

(D)      NetWorth has delivered a true and correct copy of its articles of
incorporation and bylaws (or similar governing instruments), each as amended to
date, to counsel for Colmena.

2.2      NetWorth's Capital Structure.

(A)      The authorized Capital Stock of NetWorth consists of 50,000,000 shares
of common stock, $0.0001 par value, and there is no preferred stock;

(B)      There are 22,843,173 shares of NetWorth common stock issued and
outstanding, held by the persons, and in the amounts, set forth on Schedule
1.7(C).

<PAGE>

(C)      All outstanding shares of NetWorth common or preferred stock are duly
authorized, validly issued, fully paid and non-assessable and not subject to
preemptive rights created by statute, the articles of incorporation or bylaws of
NetWorth or any agreement to which NetWorth is a party or is bound.

(D)      NetWorth has no other outstanding securities or securities reserved for
issuance for any purpose, there being no other obligations directly or
indirectly obligating NetWorth to issue any of its securities to any person for
any purpose; and there are no other options, warrants, calls, rights,
commitments or agreements of any character to which NetWorth is a party or by
which it is bound obligating NetWorth to issue, deliver, sell, repurchase or
redeem, or cause to be issued, delivered, sold, repurchased or redeemed, any
shares of the NetWorth Capital Stock or obligating NetWorth to grant, extend or
enter into any such option, warrant, call, right, commitment or agreement.

2.3      Subsidiaries.

         NetWorth has no subsidiaries or affiliated companies and does not
         otherwise own any shares of stock or any interest in, or control,
         directly or indirectly, any other corporation, partnership,
         association, joint venture or business entity.

2.4      Authority.

(A)      NetWorth has all requisite corporate power and authority to enter into
this Agreement and to consummate the transactions contemplated hereby.

(B)      The execution and delivery of this Agreement and the consummation of
the transactions contemplated hereby have been duly authorized by all necessary
corporate action on the part of NetWorth.

(C)      This Agreement has been duly executed and delivered by NetWorth and,
subject to the proper authorization of this Agreement by Colmena's board of
directors and its due execution and delivery by Colmena to NetWorth, constitutes
the valid and binding obligation of NetWorth.

(D)      The execution and delivery of this Agreement by NetWorth does not, and
the consummation of the transactions contemplated hereby will not, conflict
with, or result in any violation of, or default under (with or without notice or
lapse of time, or both), or give rise to a right of termination, cancellation or
acceleration of any obligation or loss of a material benefit under (i) any
provision of the articles of incorporation or bylaws of NetWorth or (ii) any
material mortgage, indenture, lease, contract or other agreement or instrument,
permit, concession, franchise, license, judgment, order, decree, statute, law,
ordinance, rule or regulation applicable to NetWorth or its properties or
assets.

(E)      No consent, approval, order or authorization of, or registration,
declaration or filing with, any court, administrative agency or commission or
other governmental authority or instrumentality ("Governmental Entity"), is
required by or with respect to NetWorth in connection with the execution and
delivery of this Agreement or the consummation of the transactions contemplated
hereby, except for such consents, approvals, orders, authorizations,
registrations, declarations and filings as may be required under applicable
state and federal securities laws (e.g., notification on Form D) and the laws of
any foreign country.

<PAGE>

2.5      NetWorth's Financial Statements.

(A)      Schedule 2.5(A) includes NetWorth's Financial Statements.

(B)      NetWorth's Financial Statements are complete and correct in all
material respects and have been prepared in accordance GAAP throughout the
periods indicated.

(C)      NetWorth's Financial Statements present fairly the financial condition
and operating results of NetWorth as of the dates and during the periods
indicated therein, subject to normal year-end audit adjustments, which will not
be material in the aggregate.

(D)      NetWorth's financial statements comply with the requirements for
material acquisitions under Commission Regulation S-B and in a manner permitting
Colmena to comply with its obligation under the Securities Act and the Exchange
Act in conjunction therewith

2.6      No Undisclosed Liabilities.

         NetWorth does not have any material liabilities or obligations, either
         accrued or contingent (whether or not required to be reflected in
         financial statements in accordance with generally accepted accounting
         principles), and whether due or to become due, which individually or in
         the aggregate (i) have not been reflected in the NetWorth Balance Sheet
         (including the notes thereto) or (ii) have not been specifically
         described in this Agreement or in the NetWorth Schedules.

2.7      No Changes.

         Since the date of NetWorth's Financial Statements there has not been,
occurred or arisen any:

(A)      Transaction by NetWorth except in the ordinary course of business as
conducted on that date, and except for any legal or accounting fees that may be
incurred relating to this Reorganization ;

(B)      Capital expenditure by NetWorth, either individually or in the
aggregate, exceeding $5,000;

(C)      Destruction, damage to, or loss of any assets (including without
limitation intangible assets) of NetWorth (whether or not covered by insurance),
either individually or in the aggregate, exceeding $5,000;

(D)      Labor trouble or claim of wrongful discharge, sexual harassment or
other unlawful labor practice or action;

(E)      Change in accounting methods or practices (including any change in
depreciation or amortization policies or rates, any change in policies in making
or reversing accruals, or any change in capitalization of software development
costs) by NetWorth;

<PAGE>

(F)      Declaration, setting aside, or payment of a dividend or other
distribution with respect to the shares of NetWorth, or any direct or indirect
redemption, purchase or other acquisition by NetWorth of any of its shares;

(G)      Increase in the salary or other compensation payable or to become
payable by NetWorth to any of its officers, directors or employees, or the
declaration, payment, or commitment or obligation of any kind for the payment,
by NetWorth, of a bonus or other additional salary or compensation to any such
person;

(H)      Acquisition, sale or transfer of any asset of NetWorth except in the
ordinary course of business;

(I)      Formation, amendment or termination of any distribution agreement or
any material contract, agreement or license to which NetWorth is a party, other
than termination by NetWorth pursuant to the terms thereof;

(J)      Loan by NetWorth to any person or entity, or guaranty by NetWorth of
any loan except for expense advances in the ordinary course of business
consistent with past practice;

(K)      Waiver or release of any material right or claim of NetWorth, including
any write-off or other compromise of any material account receivable of
NetWorth;

(L)      The notice or, to NetWorth's Knowledge, commencement or threat of
commencement of any governmental proceeding against or investigation of NetWorth
or its affairs;

(M)      Other event or condition of any character that has or would, in
NetWorth's reasonable judgment, be expected to have a Material Adverse Effect on
NetWorth;

(N)      Issuance, sale or redemption by NetWorth of any of its shares or of any
other of its securities other than issuances of shares of common stock pursuant
to outstanding Options and Warrants;

(O)      Change in pricing or royalties set or charged by NetWorth except for
discounts extended in the ordinary course of business consistent with past
practice;

(P)      Any event that if occurring or undertaken during the interim between
the execution of this Agreement and its Closing or earlier termination, would
have required disclosure to Colmena pursuant to Section 4.1; or

(Q)      Negotiation or agreement by NetWorth to do any of the things described
in the preceding clauses (A) through (P) (other than negotiations with Colmena
and its representatives regarding the transactions contemplated by this
Agreement).

<PAGE>

2.8      Tax and Other Returns and Reports.

(A)      Tax Returns and Audits.

         (1)      NetWorth has accurately prepared and timely filed all required
                  federal, state, local and foreign returns, estimates,
                  information statements and reports ("Returns") relating to any
                  and all Taxes relating or attributable to NetWorth or its
                  operations.

         (2)      The Returns are true and correct in all material respects and
                  have been completed in accordance with applicable law in all
                  material respects.

         (3)      NetWorth has timely paid all Taxes required to be paid with
                  respect to such Returns and has withheld with respect to its
                  employees all federal and state income Taxes, FICA, FUTA and
                  other Taxes it is required to withhold.

         (4)      The accruals for Taxes on the books and records of NetWorth
                  are sufficient to discharge the Taxes for all periods (or the
                  portion of any period) ending on or prior to the Closing Date.

         (5)      NetWorth has not been delinquent in the payment of any Tax nor
                  is there any Tax deficiency outstanding, proposed or assessed
                  against NetWorth, nor has NetWorth executed any waiver of any
                  statute of limitations on or extending the period for the
                  assessment or collection of any Tax.

         (6)      (a) No audit or other examination of any Return of NetWorth is
                  presently in progress.

                  (b) NetWorth does not have any liabilities for unpaid federal,
                  state, local and foreign Taxes, whether asserted or
                  unasserted, known or unknown, contingent or otherwise and
                  NetWorth has no Knowledge of any basis for the assertion of
                  any such liability attributable to NetWorth, or their
                  respective assets or operations.

                  (c) NetWorth is not (nor has it ever been) required to join
                  with any other entity in the filing of a consolidated Tax
                  return for federal Tax purposes or a consolidated or combined
                  return or report for state Tax purposes.

         (7)      NetWorth is not a party to or bound by any Tax indemnity, Tax
                  sharing or Tax allocation agreement.

         (8)      NetWorth has provided, or made available, to Colmena or its
                  legal counsel copies of all federal, state and local income
                  and all sales and use Tax Returns of NetWorth for all periods
                  since its date of incorporation.

         (9)      There are (and as of immediately following the Closing Date
                  there will be) no liens on the assets of NetWorth relating to
                  or attributable to Taxes.

         (10)     NetWorth has no Knowledge of any basis for the assertion of
                  any Tax claim which, if adversely determined, would result in
                  liens on the assets of NetWorth.

<PAGE>

         (11)     NetWorth has no property which is being sold, conveyed or
                  transferred pursuant to this Agreement which in the hands of
                  Colmena would be treated as being owned by persons other than
                  Colmena pursuant to Section 168(f)(8) of the Internal Revenue
                  Code of 1954 as in effect immediately prior to the enactment
                  of the Tax Reform Act of 1986, or any analogous provisions of
                  any state law.

         (12)     None of the assets of NetWorth are treated as "Tax-exempt use
                  property" within the meaning of Section 168(h) of the Code.

         (13)     There is no contract, agreement, plan or arrangement,
                  including but not limited to the provisions of this Agreement,
                  covering any employee or former employee of NetWorth that,
                  individually or collectively, could give rise to the payment
                  of any amount that would not be deductible pursuant to
                  Sections 280G, 162 or 404 of the Code.

(B)      No Penalty.

         NetWorth is not subject to any penalty by reason of a violation of any
         order, rule or regulation of, or a default with respect to any return,
         report or declaration required to be filed with, any Governmental
         Entity to which it is subject, which violations or defaults,
         individually or in the aggregate, would have a material adverse effect
         on NetWorth.

2.9      Restrictions on Business Activities.

         There is no agreement, judgment, injunction, order or decree binding
upon NetWorth which has or could reasonably be expected to have the effect of
materially prohibiting or materially impairing any business practice of
NetWorth, any acquisition of property by NetWorth or the conduct of business by
NetWorth as currently conducted or as currently proposed to be conducted.

2.10     Title of Properties, Absence of Liens and Encumbrances & Condition of
         Equipment.

(A)      (1) Schedule 2.10(A)(1) sets forth a true and complete list of all real
         property owned and leased by NetWorth and the aggregate annual
         mortgage, rental or other fee payable therefor or under any such lease.

         (2) All real property owned by NetWorth is held in fee simple absolute,
         and is subject to no liens, encumbrances, assessments, obligations
         running with the land, charges, pledges, security interests or other
         impediments to transfer of title by full warrant deed without
         exceptions of any kind or nature whatsoever.

         (3) All deeds, titles, leases and mortgages are in good standing, valid
         and effective in accordance with their respective terms, and there is
         not with respect to NetWorth under any of such deeds, titles, leases or
         mortgages, any existing default or event of default (or event which

<PAGE>

         with notice or lapse of time, or both, would constitute a default and
         with respect to which NetWorth has not taken adequate steps to prevent
         such default from occurring), except where the lack of such good
         standing, validity and effectiveness or the existence of such default
         or event of default would not have a material adverse effect on
         NetWorth.

(B)      NetWorth holds good and valid title to, or, in the case of leased
         properties and assets, valid leasehold interests in, all of its
         tangible properties and assets, real, personal and mixed, used in its
         business, free and clear of any liens, charges, pledges, security
         interests or other encumbrances, except as reflected in NetWorth's
         Financial Statements and except for such imperfections of title and
         encumbrances, if any, which are not substantial in character, amount or
         extent, and which do not materially detract from the value, or
         interfere with the present use, of the property subject thereto or
         affected thereby

(C)      (1) The equipment owned or leased by NetWorth is listed in Schedule
         2.10(C) (the "Equipment"), except individual pieces of equipment owned
         by NetWorth with an individual value of less than $100.

         (2) The Equipment is, taken as a whole:

             (a) Adequate for the conduct of the business of NetWorth consistent
                 with its past practice;

             (b) Suitable for the uses to which it is currently employed;

             (c) In good operating condition;

             (d) Regularly and properly maintained, reasonable wear and tear
                 excepted; and

             (e) Not obsolete, dangerous or in need of renewal or replacement,
                 except for renewal or replacement in the ordinary course of
                 business.

2.11     Intellectual Property.

(A)      (1) NetWorth owns, or is licensed to use, all patents,
         trademarks, trade names, service marks, copyrights, and any
         applications therefor, maskworks, net lists, schematics,
         technology, know-how, computer software programs or
         applications and tangible or intangible proprietary
         information or material (excluding Commercial Software Rights
         as defined in paragraph [B] below) that are used or currently
         proposed to be used in the business of NetWorth as currently
         conducted or as currently proposed to be conducted
         ("NetWorth's Intellectual Property Rights").

         (2) Schedule 2.11 sets forth a complete list of all patents,
         trademarks, registered and material unregistered copyrights,
         trade names and service marks, and any applications therefor,
         included in NetWorth Intellectual Property Rights, and
         specifies the jurisdictions in which each such NetWorth's
         Intellectual Property Right has been issued or registered or
         in which an application for such issuance and registration has
         been filed, including the respective registration or
         application numbers and the names of all registered owners,
         together with a list of all of NetWorth's currently marketed
         software products and an indication as to which, if any, of
         such software products have been registered for patent or
         copyright protection with the United States Office of Patents
         and Trademarks or the United States Copyright Office and any
         foreign offices and by whom such items have been registered.

         (3) (a) Schedule 2.11 also sets forth a complete list of (i) any
             requests NetWorth has received to make any such registration,
             including the identity of the requestor and the item requested to
             be so registered, and the jurisdiction for which such request has
             been made and (ii) all licenses, sublicenses and other agreements
             as to which NetWorth is a party and pursuant to which NetWorth or
             any other person is authorized to use any NetWorth's Intellectual
             Property Right or other trade secret material to NetWorth, and
             includes the identity of all parties thereto, a description of the
             nature and subject matter thereof, the applicable royalty and the
             term thereof.

             (b) NetWorth is not, nor will it be as a result of the execution
             and delivery of this Agreement or the performance of its
             obligations hereunder, in violation of any license, sublicense or
             agreement described on such list.

         (4) NetWorth is the sole and exclusive owner or licensee of, with all
         right, title and interest in and to (free and clear of any liens or
         encumbrances), NetWorth Intellectual Property Rights, and has sole and
         exclusive rights (and is not contractually obligated to pay any
         compensation to any third party with respect thereto) to the use
         thereof or the material covered thereby in connection with the services
         or products with respect to which NetWorth Intellectual Property Rights
         are being used.

         (5) To the Knowledge of the NetWorth, no claims with respect to
         NetWorth Intellectual Property Rights have been asserted or are
         threatened by any person, nor, To the Knowledge of the NetWorth, is
         there any valid grounds for any bona fide claims (i) to the effect that
         the manufacture, sale, licensing or use of any product as now used,
         sold or licensed or proposed for use, sale or license by NetWorth
         infringes on any copyright, patent, trade mark, service mark or trade
         secret, (ii) against the use by NetWorth of any trademarks, trade
         names, trade secrets, copyrights, patents, technology, know-how or
         computer software programs and applications used in NetWorth's business
         as currently conducted or as proposed to be conducted, or (iii)
         challenging the ownership, validity or effectiveness of any of NetWorth
         Intellectual Property Rights.

         (6) All trademarks, service marks and copyrights held by NetWorth are
         valid and subsisting.

<PAGE>

         (7) To the Knowledge of NetWorth, there is no material unauthorized
         use, infringement or misappropriation of any of NetWorth Intellectual
         Property Rights by any third party, including any employee or former
         employee of NetWorth.

         (8) NetWorth has not been sued or charged as a defendant in any claim,
         suit, action or proceeding which involves a claim of infringement of
         any patents, trademarks, service marks, copyrights or violation of any
         trade secret or other proprietary right of any third party and which
         has not been finally terminated prior to the date hereof nor does it
         have any Knowledge of any such charge or claim, and there is not any
         infringement liability with respect to, or infringement or violation
         by, NetWorth of any patent, trademark, service mark, copyright, trade
         secret or other proprietary right of another.

         (9) To NetWorth's Knowledge, none of NetWorth's Intellectual Property
         Rights or products is subject to any outstanding order, judgment,
         decree, stipulation or agreement restricting in any manner the
         licensing thereof by NetWorth.

         (10) There is no outstanding order, judgment, decree or stipulation on
         NetWorth, and NetWorth is not party to any agreement, restricting in
         any manner the licensing of NetWorth's products by NetWorth.

         (11) NetWorth has not entered into any agreement to indemnify any other
         person against any charge of infringement of any NetWorth's
         Intellectual Property Right.

         (12) Each material current and former employee of and consultant to
         NetWorth has signed a confidentiality agreement substantially in
         NetWorth's standard form as certified by NetWorth, delivered to Colmena
         and included in Schedule 5.8.

(B)      (1) To NetWorth's Knowledge, NetWorth has not breached or violated the
         terms of its license, sublicense or other agreement relating to any
         Commercial Software Rights and has a valid right to use such Commercial
         Software Rights under such license and agreements.

         (2) NetWorth is not, nor will it be as a result of the execution and
         delivery of this Agreement or the performance of its obligations
         hereunder, in violation of any license, sublicense or agreement
         relating to its Commercial Software Rights.

         (3) No claims with respect to the Commercial Software Rights have been
         asserted or, To the Knowledge of NetWorth, are threatened by any person
         against NetWorth, nor to the Knowledge of NetWorth are there any valid
         grounds for any bona fide claims (i) to the effect that the
         manufacture, sale, licensing or use of any product as now used, sold or
         licensed or proposed for use, sale or license by NetWorth infringes on
         any copyright, patent, trademark, service mark or trade secret, (ii)
         against the use by NetWorth of any trademarks, trade names, trade
         secrets, copyrights, patents, technology, know-how or computer software
         programs and applications used in NetWorth's business as currently

<PAGE>

         conducted or as proposed to be conducted, or (iii) challenging the
         validity or effectiveness of any of NetWorth's rights to use its
         Commercial Software Rights.

         (4) To the Knowledge of NetWorth, there is no material unauthorized
         use, infringement or misappropriation of any of the Commercial Software
         Rights by NetWorth or any employee or former employee of NetWorth
         during the period of their employment.

         (5) To the Knowledge of NetWorth, no Commercial Software Right is
         subject to any outstanding order, judgment, decree, stipulation or
         agreement restricting in any manner the use thereof by NetWorth.

2.12     Agreements, Contracts and Commitments.

(A)      All of NetWorth's currently effective agreements, contracts and
commitments are listed in Schedule 2.12, including the name of the contracting
part, date of execution and termination, and copies of all such agreements,
contracts and commitments are annexed as exhibits to schedule 12.

(B)      Subject to the terms and conditions of any agreement included as part
of Schedule 2.12, NetWorth does not have, is not a party to nor is it bound by:

         (1)      Any collective bargaining agreements;

         (2)      Any agreements that contain any unpaid severance liabilities
                  or obligations;

         (3)      Any bonus, deferred compensation, incentive compensation,
                  pension, profit-sharing or retirement plans, or any other
                  employee benefit plans or arrangements;

         (4)      Any employment or consulting agreement, contract or commitment
                  with an employee or individual consultant or salesperson or
                  consulting or sales agreement, contract or commitment with a
                  firm or other organization, not terminable by NetWorth on
                  thirty days notice without liability, except to the extent
                  general principles of wrongful termination law may limit
                  NetWorth's ability to terminate employees at will;

         (5)      Any agreement or plan, including any stock option plan, stock
                  appreciation right plan or stock purchase plan, any of the
                  benefits of which will be increased, or the vesting of
                  benefits of which will be accelerated, by the occurrence of
                  any of the transactions contemplated by this Agreement or the
                  value of any of the benefits of which will be calculated on
                  the basis of any of the transactions contemplated by this
                  Agreement;

         (6)      Any fidelity or surety bond or completion bond;

<PAGE>

         (7)      Any lease of personal property having a value individually in
                  excess of $5,000;

         (8)      Any agreement of indemnification or guaranty not entered into
                  in the ordinary course of business;

         (9)      Any agreement, contract or commitment containing any covenant
                  limiting the freedom of NetWorth to engage in any line of
                  business or compete with any person;

         (10)     Any agreement, contract or commitment relating to capital
                  expenditures and involving future obligations in excess of
                  $2,000 in any single instance or $10,000 in the aggregate;

         (11)     Any agreement, contract or commitment relating to the
                  disposition or acquisition of assets not in the ordinary
                  course of business or any ownership interest in any
                  corporation, partnership, joint venture or other business
                  enterprise;

         (12)     Any mortgages, indentures, loans or credit agreements,
                  security agreements or other agreements or instruments
                  relating to the borrowing of money, extension of credit or
                  guaranties;

         (13)     Any purchase order or contract for the purchase of raw
                  materials or acquisition of assets involving $1,000 or more in
                  any single instance or $10,000 or more in the aggregate;

         (14)     Any construction contracts;

         (15)     Any distribution, joint marketing or development agreement;

         (16)     Any other agreement, contract or commitment which involves
                  $1,000 or more in any single instance or more than $10,000 in
                  the aggregate and is not cancelable without penalty upon
                  thirty (30) days' notice, other than standard end-user
                  licenses of NetWorth's products and services in the ordinary
                  course of business consistent with past practice, or

         (17)     Any agreement that is otherwise Material to NetWorth's
                  business.

(C)      (1)      NetWorth has not breached, or received any claim or threat
                  that it has breached, any of the terms or conditions of any
                  agreement, contract or commitment to which it is bound
                  (including those set forth in any of the NetWorth Schedules)
                  in such manner as would permit any other party to cancel or
                  terminate the same.

         (2)      Each agreement, contract or commitment required to be set
                  forth in any of the NetWorth Schedules is in full force and
                  effect (assuming such agreement, contract or commitment has
                  been duly authorized, executed and delivered by the other

<PAGE>

                  party or parties thereto) and, except as otherwise disclosed
                  or defaults fully remedied or resolved, is not subject to any
                  material default thereunder of which NetWorth has Knowledge by
                  any party obligated to NetWorth pursuant thereto.

2.13     Interested Party Transactions.

         No officer, director or stockholder of NetWorth (nor any parent,
         sibling, descendant or spouse of any of such persons, or any trust,
         partnership, corporation or other entity (provided, that ownership of
         no more than one percent of the outstanding voting stock of a publicly
         traded corporation will not be deemed an "interest in any entity" for
         purposes of this Section 2.13) in which any of such persons has or has
         had an interest), has or has had, directly or indirectly:

(A)      An interest in any entity which furnished or sold, or furnishes or
sells, services or products which NetWorth furnishes or sells, or proposes to
furnish or sell;

(B)      Any interest in any entity which purchases from or sells or furnishes
to, NetWorth, any goods or services; or

(C)      A beneficial interest in any contract or agreement required to be set
forth in Schedule 2.12.

2.14     Governmental Authorization.

(A)      Schedule 2.14 accurately lists each material federal, state, county,
local or foreign governmental consent, license, permit, grant, or other
authorization issued to NetWorth:

         (1)      Pursuant to which NetWorth currently operates or
                  holds any interest in any of its properties; or

         (2)      Which is required for the operation of its business
                  or the holding of any such interest (hereinafter
                  collectively referred to as the "NetWorth
                  Authorizations").

(B)      NetWorth Authorizations are in full force and effect and constitute all
the material authorizations required to permit NetWorth to operate or conduct
its business or hold any interest in its properties.

2.15     Litigation.

(A)      Schedule 2.15 annexed hereto accurately lists all suits, actions and
legal, administrative, arbitration or other proceedings and governmental
investigations and all other claims, pending or, to NetWorth's Knowledge,
threatened or which NetWorth expects will ultimately be threatened or commenced.

(B)      None of any such suits, actions, proceedings, investigations or claims
seeks to prevent the consummation of the Reorganization.

<PAGE>

(C)      There is no judgment, decree or order enjoining NetWorth with respect
to, or the effect of which is to prohibit, any business practice or the
acquisition of any property or the conduct of business of NetWorth.

(D)      Schedule 2.15 also lists all suits and legal actions initiated by
NetWorth.

2.16     Accounts Receivable.

(A)      All receivables of NetWorth arose in the ordinary course of business
and the aggregate amounts thereof are, to the best of NetWorth's Knowledge,
collectible (except to the extent reserved against as reflected in NetWorth's
Financial Statements) and are carried at values determined in accordance with
GAAP.

(B)      To NetWorth's Knowledge, none of the receivables of NetWorth is subject
to any claim of offset, recoupment, setoff or counterclaim and there are no
facts or circumstances (whether asserted or unasserted) that would give rise to
any such claim.

(C)      No receivables are contingent upon the performance by NetWorth of any
obligation or contract except for NetWorth's maintenance obligations under its
maintenance agreements (although no customer has claimed that NetWorth has
failed to perform its maintenance obligations).

(D)      No person has any lien, charge, pledge, security interest or other
encumbrance on any of such receivables and no agreement for deduction or
discount has been made with respect to any of such receivables.

2.17     Minute Books.

         The minute books of NetWorth made available to counsel for Colmena
contain a complete and accurate summary of all meetings of directors and
stockholders since the time of incorporation of NetWorth, and reflect all
transactions referred to in such minutes accurately in all material respects.

<PAGE>

2.18     Environmental and OSHA.

(A)      Hazardous Material.

         (1)      As of the Closing Date, no material amount of any substance
                  that is regulated by any Governmental Entity or that has been
                  designated by any Governmental Entity to be radioactive,
                  toxic, hazardous or otherwise a danger to health or the
                  environment, including, without limitation, PCBs, asbestos,
                  urea-formaldehyde and all substances listed pursuant to the
                  United States Comprehensive Environmental Response,
                  Compensation, and Liability Act of 1980, as amended from time
                  to time ("CERCLA"), and the United States Resource Recovery
                  and Conservation Act of 1976, as amended from time to time
                  ("RCRA"), and the regulations and publications promulgated
                  pursuant to said laws (a "Hazardous Material"), is present, as
                  a result of the actions of NetWorth (excluding failure of
                  NetWorth to remedy the presence of a Hazardous Material
                  resulting from the actions of any previous owner or occupier
                  of NetWorth's Property of which presence NetWorth does not
                  have Knowledge) in violation of any law in effect on or before
                  the Closing Date, in, on or under any property, including the
                  land and the improvements, ground water and surface water
                  thereof, that NetWorth has at any time owned, operated,
                  occupied or leased (collectively, "NetWorth's Property").

         (2)      In any event, NetWorth does not know of the presence of any
                  Hazardous Material in, on, under, adjacent to or in any way
                  affecting any NetWorth's Property.

(B)      Hazardous Materials Activities.

         At no time prior to the Closing Date has NetWorth transported, stored,
         used, manufactured, released or exposed its employees or others to
         Hazardous Materials in violation of any law in effect on or before the
         Closing Date, nor has NetWorth disposed of, transferred, sold, or
         manufactured any product containing a Hazardous Material (collectively
         "Hazardous Materials Activities") in violation of CERCLA, RCRA, the
         Toxic Substances Control Act of 1976, as amended ("TSCA"), or any other
         applicable state or federal acts (including the rules and regulations
         thereunder) as in effect on or before the Closing Date.

(C)      Permits.

         NetWorth currently holds no environmental approvals, permits, licenses,
         clearances and consents and none are necessary for the conduct of
         NetWorth's Hazardous Material Activities and other businesses of
         NetWorth as such activities and businesses are currently being
         conducted.

2.19     Brokers' and Finders' Fees.

         NetWorth has not incurred, nor will it incur, directly or indirectly,
         any liability for brokerage or finders' fees or agents' commissions or
         any similar charges in connection with this Agreement or any
         transaction contemplated hereby.

<PAGE>

2.20     Labor Matters.

(A)      NetWorth is in compliance in all material respects with all currently
applicable laws and regulations respecting employment, discrimination in
employment, terms and conditions of employment, wages and hours, and
occupational safety and health and employment practices, and is not engaged in
any unfair labor practice.

(B)      NetWorth has not received any notice from any Governmental Entity, and
to the Knowledge of NetWorth, there has not been asserted before any
Governmental Entity, any claim, action or proceeding to which NetWorth is a
party or involving NetWorth, and there is neither pending nor, to the Knowledge
of NetWorth, threatened, any investigation or hearing concerning NetWorth
arising out of or based upon any such laws, regulations or practices.

(C)      NetWorth has not received notice of and to the best of its Knowledge,
there are no pending claims against NetWorth under any workers' compensation
plan or policy or for long term disability.

(D)      To NetWorth's Knowledge, it has complied in all material respects with
all applicable provisions of the Consolidated Omnibus Budget Reconciliation Act
of 1985, as amended ("COBRA") and has no obligations with respect to any former
employees or qualifying beneficiaries thereunder.

(E)      Schedule 2.20 lists all current employees of NetWorth and their current
salary and vacation accruals.

2.21     Insurance.

         (A) Schedule 2.21 lists all insurance policies and fidelity bonds
covering
the assets, business, equipment, properties, operations, software errors and
omissions, employees, officers and directors of NetWorth as well as all claims
made under any insurance policy by NetWorth since its incorporation.

         (B) There is no claim by NetWorth pending under any of such policies or
bonds as to which coverage has been questioned, denied or disputed by the
underwriters of such policies or bonds.

         (C) All premiums payable under all such policies and bonds have been
paid
and NetWorth is otherwise in compliance in all material respects with the terms
of such policies and bonds (or other policies and bonds providing substantially
similar insurance coverage).

         (D) Such policies of insurance and bonds are of the type and in amounts
customarily carried by persons conducting businesses similar to that of
NetWorth.

         (E) NetWorth does not know of any threatened termination of or Material
premium increase with respect to any of such policies.

         (F) NetWorth has never been denied insurance coverage nor has any
insurance
policy of NetWorth ever been canceled for any reason.

<PAGE>

2.22     Compliance with Laws.

         NetWorth has not received any notices of violation with respect to and
to the best of its Knowledge has complied in all Material respects with and is
not in violation in any Material respect of any federal, state or local statute,
law or regulation with respect to the conduct of its business, or the ownership
or operation of its business, assets or properties.

2.23     Complete Copies of Materials.

         NetWorth has delivered or made available true and complete copies of
each document (or summaries of same) which has been requested by Colmena or its
counsel.

2.24     Binding Agreements: No Default.

         Each of the contracts, agreements and other instruments shown on the
Exhibits and Schedules referred to in this Agreement to which NetWorth is a
party is a legal, binding and enforceable obligation in favor of or against
NetWorth (assuming that such contracts, agreements and instruments are binding
on all other parties thereto, NetWorth having no reason to believe that they are
not), in accordance with its terms, and no party with whom NetWorth has an
agreement or contract is, to NetWorth's Knowledge, in default thereunder or has
breached any material terms or provisions thereof (subject to all applicable
bankruptcy, insolvency, reorganization and other laws applicable to creditors'
rights and remedies and to the exercise of judicial discretion in accordance
with general principles of equity).

2.25     Regulation SB Disclosure Document

(A)      The information supplied by NetWorth responding to certain Items in
Commission Regulation S-B (other than Items 201, 501, 502, 506, 512 and, to the
extent of audit requirements, Item 310) annexed hereto as Exhibit 2.25 (the
"Regulation S-B Disclosure Documents"), part of which must be included in a
current report on Commission Form 8-K to be filed by Colmena within 15 days
after the Closing Date, as well as in all other reports which Colmena files
thereafter pursuant to the Exchange Act, will not contain any statement which,
at such time and in light of the circumstances under which it is made, is false
or misleading with respect to any Material fact, or will omit to state any
Material fact necessary in order to make the statements made therein not false
or misleading or omit to state any Material fact necessary to correct any
statement which has become false or misleading.

(B)      If at any time prior to the Closing Date any event relating to NetWorth
or any of its affiliates, officers or directors should be discovered by NetWorth
which should be set forth in the Regulation S-B Disclosure Document, NetWorth
will promptly provide such information to Colmena, in writing.

2.26     FIRPTA ("Foreign Investment Real Property Tax Act").

         NetWorth is not, and has not been at any time, a "United States real
property holding corporation" within the meaning of Section 897(c)(2) of the
Code.

2.27     Employee Benefit Plans.

(A)      Schedule 2.27 lists all employee benefit plans (as defined in Section
3(3) of the Employee Retirement Income Security Act of 1974, as amended
("ERISA")), and all bonus, stock option, stock purchase, incentive, deferred

<PAGE>

compensation, supplemental retirement, severance and other similar fringe or
employee benefit plans, programs or arrangements, and any current or former
employment or executive compensation or severance agreements, written or
otherwise, for the benefit of, or relating to, any employee of NetWorth, any
trade or business (whether or not incorporated) which is a member or which is
under common control with NetWorth (an "ERISA Affiliate" within the meaning of
Section 414 of the Code, or any subsidiary of NetWorth (together, the "Employee
Plans").

(B)      (1) None of the Employee Plans promises or provides retiree medical or
         other retiree welfare benefits to any person except as required by
         applicable law, including but not limited to COBRA;

         (2) (a) To NetWorth's Knowledge: all Employee Plans are in compliance
                 in all material respects with the requirements prescribed by
                 any and all applicable statutes (including ERISA and the Code),
                 orders, or governmental rules and regulations currently in
                 effect with respect thereto (including all applicable
                 requirements for notification to participants or beneficiaries
                 or the Department of Labor, the IRS or Secretary of the
                 Treasury), and NetWorth has performed in all Material respects
                 all obligations required to be performed by it under, is not in
                 default under or violation of, and has no Knowledge of any
                 default or violation by any other party to, any of the Employee
                 Plans;

             (b) Each Employee Plan intended to qualify under Section 401(a) of
                 the Code and each trust intended to qualify under Section
                 501(a) of the Code either has received a favorable
                 determination letter with respect to each such Employee Plan
                 from the IRS or still has a remaining period of time under
                 applicable Treasury Regulations or IRS pronouncements in which
                 to apply for such a determination letter and to make any
                 amendments necessary to obtain a favorable determination;

             (c) No Employee Plan is or within the prior six years has been
                 subject to, and NetWorth has not incurred and does not expect
                 to incur any liability under, Title IV of ERISA or Section 412
                 of the Code; and

             (d) To NetWorth's Knowledge, nothing in any Employee Plan precludes
                 or interferes with Colmena's ability to cause NetWorth to
                 terminate (or consolidate, at Colmena's option) any Employee
                 Plan after the Closing Date; provided that: (i) the Employee
                 Plans may be terminated prospectively only, subject to rights
                 accrued by NetWorth's employees at the time of such termination
                 and (ii) not more than sixty (60) days' notice may be required
                 to terminate certain Employee Plans.
<PAGE>

         (3) None of the following now exists or has existed within the six-year
         period ending on the date hereof with respect to any Employee Plan:

             (a) Any act or omission by NetWorth constituting a violation of
                 Section 402, 403, 404 or 405 of ERISA;

             (b) Any act or omission by NetWorth which constitutes a violation
                 of Sections 406 and 407 of ERISA and is not exempted by Section
                 408 of ERISA or which constitutes a violation of Section
                 4975(c) of the Code and is not exempted by Section 4975(d) of
                 the Code;

             (c) Any act or omission by NetWorth constituting a violation of
                 Section 503, 510 or 511 of ERISA; or

             (d) Any act or omission by NetWorth which could give rise to
                 liability under Section 502 of ERISA or under Sections 4972 or
                 4975 through 4980 of the Code.

         (4) (a) Each Employee Plan has been maintained in substantial
                 compliance with its terms, and all contributions, premiums or
                 other payments due from NetWorth to (or under) any such
                 Employee Plan have been fully paid or adequately provided for
                 on the audited NetWorth's Financial Statements for the most
                 recently-ended fiscal year.

             (b) To NetWorth's Knowledge, all accruals thereon (including, where
                 appropriate proportional accruals for partial periods) have
                 been made in accordance with GAAP.

             (c) There has been no amendment, written interpretation or
                 announcement (whether or not written) by NetWorth with respect
                 to, or change in employee participation or coverage under, any
                 Employee Plan that would increase Materially the expense of
                 maintaining such plans or arrangements, individually or in the
                 aggregate, above the level of expense incurred with respect
                 thereto for the most recently-ended fiscal year.

         (5) NetWorth has provided to Colmena complete, accurate and current
         copies of all Employee Plans and all amendments, documents,
         correspondence and filings relating thereto, including but not limited
         to any statements, filings, reports or returns filed with any
         governmental agency with respect to the Employee Plans at any time
         within the three-year period ending on the date hereof.

2.28     Distribution Agreements.

         Schedule 2.28 discloses the names, addresses, telephone numbers, fax
         numbers, e-mail addresses and federal Tax identification numbers of
         each third party or parties who have the right to distribute NetWorth's
         products or to market its services, together with a summary of the
         agreements pursuant to which NetWorth's products are distributed or its
         services are marketed.
<PAGE>

2.29     Disclosure to NetWorth's Stockholders

         Each of NetWorth's Stockholders hereby represents and warrants that he,
she or it:

(A)      Has had access through the Commission's Internet web site at
www.sec.gov, in the EDGAR Archives sub-cite, to all of Colmena's reports filed
with the Commission during the past two fiscal years, has reviewed all such
reports and has, either directly or through a representative, been granted
access to all of Colmena's officers and directors, for purposes of providing all
disclosure required under applicable federal and state securities laws in
conjunction with the exchange contemplated by this Agreement;

(B) Has been advised that:

         (1)      The securities to be issued to them by Colmena in exchange for
                  their shares of NetWorth's common stock have not been
                  registered under the Securities Act, the Exchange Act or any
                  comparable state securities laws, but rather are being issued
                  in reliance on the exemption from registration under the
                  Securities Act provided by Section 4(2) thereof;

         (2)      All certificates for their shares of Colmena's common stock
                  will bear legends restricting any transactions therein,
                  directly or indirectly, unless they are first registered under
                  applicable federal and state securities laws or the proposed
                  transaction is exempt from such registration requirements, and
                  such facts are demonstrated to the satisfaction of Colmena and
                  its legal counsel, based on such third party legal opinions,
                  affidavits and transfer agency procedures as Colmena will
                  reasonably require or have in place generally;

         (3)      Colmena's transfer agent has been instructed to decline
                  transfers of certificates for their shares of Colmena's common
                  stock, unless the foregoing requirements have been met and
                  have been confirmed as having been met by a duly authorized
                  officer of Colmena.

(C)      Has independently determined through his, her or its own legal counsel,
that all requirements of their states of domicile for the issuance of the shares
of Colmena's common stock called for by this Agreement have been met, or will
have been met, prior to Closing, by such legal counsel acting on behalf of the
Parties to this Agreement.

2.30     Representations Complete.

         None of the representations or warranties made by NetWorth or its
stockholders, nor any statement made in any Schedule, Exhibit or certificate
furnished by NetWorth pursuant to this Agreement, when read in its entirety,
contains or will contain any untrue statement of a Material fact at the time the
Closing takes place, or omits or will omit to state any Material fact necessary
in order to make the statements contained herein or therein, in the light of the
circumstances under which made, not misleading.

<PAGE>

                                   ARTICLE III
                    REPRESENTATIONS AND WARRANTIES OF COLMENA

         Colmena represents and warrants to NetWorth as a Material inducement to
its entry into this Agreement, subject to the exceptions specifically disclosed
in the Colmena Schedules or in Colmena's Exchange Act Reports, as follows:

3.1      Organization, Standing and Power.

(A)      Colmena is a corporation duly organized, validly existing and in good
standing under the laws of the State of Delaware.

(B)      Colmena has the corporate power to own its properties and to carry on
its business as now being conducted and is duly qualified to do business and is
in good standing in each jurisdiction in which the failure to be so qualified
would have a Material adverse effect on Colmena taken as a whole.

(C)      A true and correct copy of its articles of incorporation and bylaws, as
amended to date, are available at the Commission's web site in the EDGAR
archives, filed as exhibits to the report on Form 10-KSB for the year ended
September 30, 2003, and any future modifications thereof will be filed with the
Commission and will also be available at such site.

3.2      Capital Structure.

(A)      (1) The authorized stock of Colmena consists of 650,000,000 shares of
         common stock, par value $0.01 per share, and 10,000,000 shares of
         Preferred Stock, $0.001 par value per share, the attributes of which
         are to be determined on a case by case basis by Colmena's board of
         directors, including 2,000,000 shares of class A non-voting,
         convertible preferred stock, the attributes of which are described in
         Colmena's Exchange Act Reports.

         (2) Colmena will have approximately 132,000,000 shares of common stock
         issued and outstanding as of Closing, and 140,653,100 shares will be
         reserved at Closing for future conversion of Colmena's class A
         non-voting, convertible preferred stock.

         (3) 1,406,531 shares of shares of Colmena's class A non-voting
         convertible preferred stock will be outstanding as of Closing.

         (4) There are no other options, warrants, calls, rights, commitments or
         agreements of any character to which Colmena is a party or by which it
         is bound obligating Colmena to issue, deliver, sell, repurchase or
         redeem, or cause to be issued, delivered, sold, repurchased or
         redeemed, any shares of the Capital Stock of Colmena or obligating
         Colmena to grant, extend or enter into any such option, warrant, call,
         right, commitment or agreement, other than as disclosed in the Exchange
         Act Reports.

(B)      All of Colmena's shares of common and preferred stock have been duly
authorized, and all of their issued and outstanding shares of stock have been
validly issued, are fully paid and non-assessable and are free of any liens or
encumbrances other than any liens or encumbrances created by or imposed upon the
holders thereof.

<PAGE>

(C)      Subject to NetWorth's and the NetWorth Stockholders' compliance with
their obligations under this Agreement, the shares of Colmena's common stock to
be issued pursuant to the Reorganization will be duly authorized, validly
issued, fully paid, and non-assessable.

3.3      Authority.

(A)      Colmena has all requisite corporate power and authority to enter into
this Agreement and to consummate the transactions contemplated hereby.

(B)      The execution and delivery of this Agreement and the consummation of
the transactions contemplated hereby have been duly authorized by all necessary
corporate action on the part of Colmena

(C)      This Agreement has been duly executed and delivered by Colmena and,
subject to having also been approved by NetWorth's board of directors and
properly executed and delivered by NetWorth, constitutes a valid and binding
obligation of Colmena.

(D)      The execution and delivery of this Agreement do not, and the
consummation of the transactions contemplated hereby will not, conflict with, or
result in any violation of, or default (with or without notice or lapse of time,
or both), or give rise to a right of termination, cancellation or acceleration
of any obligation or to loss of a material benefit under:

         (1)      Any provision of the articles of incorporation or bylaws of
                  Colmena; or

         (2)      Any mortgage, indenture, lease, contract or other agreement or
                  instrument, permit, concession, franchise, license, judgment,
                  order, decree, statute, law, ordinance, rule or regulation
                  applicable to Colmena or its properties or assets, other than
                  any such conflicts, violations, defaults, terminations,
                  cancellations or accelerations which individually or in the
                  aggregate would not have a material adverse effect on the
                  ability of Colmena to consummate the transactions contemplated
                  hereby.

(E)      No consent, approval, order or authorization of, or registration,
declaration or filing with, any Governmental Entity, is required by or with
respect to Colmena in connection with the execution and delivery of this
Agreement by Colmena or the consummation by Colmena of the transactions
contemplated hereby, except for:

         (1)      Such consents, approvals, orders, authorizations,
                  registrations, declarations and filings as may be required
                  under applicable state and federal securities laws (e.g, a
                  Form D Notification Statement) and the laws of any foreign
                  country; and

         (2)      Such other consents, authorizations, filings, approvals and
                  registrations which if not obtained or made would not have a
                  Material adverse effect on the ability of Colmena to
                  consummate the transactions contemplated hereby.

<PAGE>

3.4      Exchange Act Reports; Colmena Financial Statements.

(A)      All materials required to be filed by Colmena with the Commission
pursuant to Sections 13 or 15(d) of the Exchange Act since current management
took office starting in 1999, have been filed and are available on the
Commission's Internet web site at www.sec.gov in its EDGAR Archives sub-site.

(B)      To the best of Colmena's Knowledge: (i) the Exchange Act Reports comply
in all Material respects with the requirements of the Exchange Act and do not
contain any untrue statement of a Material fact or omit to state a Material fact
required to be stated therein or necessary to make the statements made therein,
in light of the circumstances in which they were made, not misleading, except to
the extent corrected by a subsequently filed document with the Commission or by
information provided by Colmena to NetWorth; and (ii) Colmena is in compliance
with any applicable blue sky laws.

(C)      The Colmena Financial Statements comply as to form in all Material
respects with applicable accounting requirements and with the published rules
and regulations of the Commission with respect thereto, have been prepared in
accordance with GAAP and fairly present the consolidated financial position of
Colmena at the date thereof and of its operations and cash flows for the period
then ended, subject to normal year end audit adjustments.

(D)      There has been no change in Colmena's accounting policies or estimates
except as described in the notes to Colmena's Financial Statements or in
subsequently filed Exchange Act Reports.

(E)      Colmena has no material obligations, other than:

         (1)      Those set forth in Colmena's Financial Statements (obligations
                  not required to be set forth in Colmena's Financial Statements
                  under GAAP being deemed not Material);

         (2)      Those resulting from ongoing acquisition activities which
                  developed after the date of Colmena's Financial Statements but
                  are not yet definite enough to require filing in the Exchange
                  Act Reports;

         (3)      Those pertaining to confidential letters of intent; or

         (4)      Those disclosed by Colmena to NetWorth in writing.

         (5)      Colmena anticipates that at Closing, its liabilities will not
                  exceed $24,000.

         (6)      Colmena represents that at Closing, all compensation will have
                  been paid to all Colmena officers, independent contractors and
                  employees, and that there will be no accrued vacation time.

(F)      The information provided by Colmena in the Current Report on Form 8-K
pertaining to this Reorganization (excluding information provided by or on
behalf of NetWorth, as to which Colmena makes no representation) will not
contain any statement which, at such time and in light of the circumstances
under which it will be made, is false or misleading with respect to any Material
fact, or will omit to state any Material fact necessary in order to make the
statements therein not false or misleading.

(G)      If at any time prior to the Closing Date any event relating to Colmena
or any of its affiliates, officers or directors should be discovered by Colmena
which should be set forth in a current report on Form 8-K, Colmena will promptly
inform NetWorth.

(H)      Colmena makes no representation or warranty with respect to any
information supplied by NetWorth which is contained in any of the foregoing
documents.

3.5      Brokers' and Finders' Fees.

         Except as disclosed in the Exchange Act Reports, Colmena has not
incurred, and will not incur, directly or indirectly, any liability for
brokerage or finders' fees or agents' commissions or any similar charges in
connection with this Agreement, the Reorganization or any transaction
contemplated hereby.

3.6      Ownership of NetWorth's Capital Stock.

         As of the execution of this Agreement and immediately prior to closing,
Colmena does not otherwise own any shares of NetWorth's Capital Stock.

3.7      Litigation.

         There are no suits, actions or legal, administrative, arbitration or
other proceedings or governmental investigations against Colmena pending or, to
Colmena's Knowledge, threatened, which (i) if determined adversely to Colmena,
could be expected to result in a Material adverse effect on the financial
condition or results of operations of Colmena, or (ii) seek to prevent the
consummation of the Reorganization, except as may be disclosed in the Exchange
Act Reports.

3.8      Limited Activities

(A)      Colmena is a holding company with no material day-to-day operations or
assets other than acquisition-related activities and compliance with applicable
laws, including federal securities and internal revenue laws.

(B)      Colmena currently has no operating subsidiaries.

(C)      NetWorth, through its officers, has become familiar with the operations
and prospects of Colmena, to the extent that information concerning them is
available to Colmena or has been filed by Colmena with the Commission.

<PAGE>

3.9      No Undisclosed Liabilities.

         Colmena does not have any Material liabilities or obligations, either
accrued or contingent (whether or not required to be reflected in financial
statements in accordance with GAAP), and whether due or to become due, which
individually or in the aggregate, (i) have not been reflected in the Colmena
Financial Statements (including the notes thereto) or (ii) have not been
specifically described in this Agreement or in the Exchange Act Reports,
including as set forth above in Article 3.4(E)(5)&(6).

3.10     No Changes.

         Since the date of its latest Exchange Act Report there has not been,
occurred or arisen any:

(A)      Destruction, damage to, or loss of any assets (including without
limitation intangible assets) of Colmena (whether or not covered by insurance),
either individually or in the aggregate, exceeding $5,000.

(B)      Labor trouble or claim of wrongful discharge, sexual harassment or
other unlawful labor practice or action;

(C)      Change in accounting methods or practices (including any change in
depreciation or amortization policies or rates, any change in policies in making
or reversing accruals, or any change in capitalization of software development
costs) by Colmena;

(D)      Declaration, setting aside, or payment of a dividend or other
distribution in respect to the shares of Colmena, or any direct or indirect
redemption, purchase or other acquisition by Colmena of any of its shares;

(E)      Other event or condition of any character that has or would, in
Colmena's reasonable judgment, be expected to have a Material adverse effect on
Colmena;

(F)      Negotiation or agreement by Colmena to do any of the things described
in the preceding clauses (A) through (E) other than negotiations with Colmena
and its representatives regarding the transactions contemplated by this
Agreement or other acquisitions.

3.11     Tax and Other Returns and Reports.

(A)      Tax Returns and Audits.

         (1)      Colmena, because of its lack of revenues, has not prepared and
                  filed federal, state, local or foreign returns, estimates,
                  information statements and reports ("Returns") relating to any
                  and all Taxes relating or attributable to Colmena or its
                  operations since current management was elected in 1999.
                  Colmena will provide NetWorth with what Returns it has
                  (excluding for tax year 2003), and NetWorth will assume
                  responsibility for filing those Returns as well as Returns
                  beginning with tax year 2003.

         (2)      Colmena has withheld with respect to its employees all federal
                  and state income taxes, FICA, FUTA and other Taxes it is
                  required to withhold.
<PAGE>

         (3)      The accruals for any Taxes on the books and records of Colmena
                  are sufficient to discharge the Taxes for all periods (or the
                  portion of any period) ending on or prior to the Closing Date.

         (4)      Colmena has not been delinquent in the payment of any Tax nor,
                  except as disclosed in the Exchange Act Reports and except for
                  an unpaid Florida tax lien of $267.72 and an unpaid Delaware
                  franchise tax of $1,814, is there any Tax deficiency
                  outstanding, proposed or assessed against Colmena, nor has
                  Colmena executed any waiver of any statute of limitations on
                  or extending the period for the assessment or collection of
                  any Tax.

         (5)      Except as disclosed in the Exchange Act Reports and except as
                  noted in subsection (4) immediately above:

                  (a)      No audit or other examination of any Return of
                           Colmena is presently in progress.

                  (b)      Colmena does not have any liabilities for unpaid
                           federal, state, local and foreign Taxes, whether
                           asserted or unasserted, known or unknown, contingent
                           or otherwise and Colmena has no Knowledge of any
                           basis for the assertion of any such liability
                           attributable to Colmena or its assets or operations.

         (6)      Colmena is not a party to or bound by any tax indemnity, tax
                  sharing or tax allocation agreement.

         (7)      Reserved.

         (8)      There are (and as of immediately following the Closing Date
                  there will be) no liens on the assets of Colmena relating to
                  or attributable to Taxes, except as noted in subsection (4)
                  immediately above.

         (9)      Colmena has no Knowledge of any basis for the assertion of any
                  Tax claim which, if adversely determined, would result in
                  liens on the assets of Colmena.

         (10)     There is no contract, agreement, plan or arrangement,
                  including but not limited to the provisions of this Agreement,
                  covering any employee or former employee of Colmena that,
                  individually or collectively, could give rise to the payment
                  of any amount that would not be deductible pursuant to
                  Sections 280G, 162 or 404 of the Code.

         (11)     As of Closing, Colmena will have no employees or independent
                  contractors, all compensation due and owing such persons will
                  have been fully paid, and there will be no outstanding loans
                  due any officer, director, independent contractor or employee
                  of Colmena.

<PAGE>

(B)      No Penalty.

         Colmena is not subject to any penalty by reason of a violation of any
         order, rule or regulation of, or a default with respect to any return,
         report or declaration required to be filed with, any Governmental
         Entity to which it is subject, which violations or defaults,
         individually or in the aggregate, would have a material adverse effect
         on Colmena.

3.12     Environmental and OSHA.

(A)      Hazardous Material.

         (1)      As of the Closing Date, no Material amount of any substance
                  that is regulated by any Governmental Entity or that has been
                  designated by any Governmental Entity to be radioactive,
                  toxic, hazardous or otherwise a danger to health or the
                  environment, including, without limitation, PCBs, asbestos,
                  urea-formaldehyde and all substances listed pursuant to CERCLA
                  or RCRA, and the regulations and publications promulgated
                  pursuant to said laws (a "Hazardous Material"), is present, as
                  a result of the actions of Colmena (excluding failure of
                  Colmena to remedy the presence of a Hazardous Material
                  resulting from the actions of any previous owner or occupier
                  of Colmena's property of which presence Colmena does not have
                  Knowledge) in violation of any law in effect on or before the
                  Closing Date, in, on or under any property, including the land
                  and the improvements, ground water and surface water thereof,
                  that Colmena owns, operates, occupies or leases.

         (2)      In any event, Colmena does not know of the presence of any
                  Hazardous Material in, on or under any of its property.

(B)      Hazardous Materials Activities.

         At no time prior to the Closing Date has Colmena transported, stored,
         used, manufactured, released or exposed its employees or others to
         Hazardous Materials in violation of any law in effect on or before the
         Closing Date, nor has Colmena disposed of, transferred, sold, or
         manufactured any product containing a Hazardous Material (collectively
         "Hazardous Materials Activities") in violation of CERCLA, RCRA, TSCA or
         any other applicable state or federal acts (including the rules and
         regulations thereunder) as in effect on or before the Closing Date.

(C)      Permits.

         Colmena currently holds no environmental approvals, permits, licenses,
         clearances and consents and none are necessary for the conduct of
         Colmena's Hazardous Material Activities and other businesses of Colmena
         as such activities and businesses are currently being conducted.

<PAGE>

3.13     Representations Complete.

         None of the representations or warranties made by Colmena, nor any
statement made in any Schedule, Exhibit or certificate furnished by Colmena
pursuant to this Agreement, when read in its entirety, contains or will contain
any untrue statement of a Material fact at the Closing Date, or omits or will
omit to state any Material fact necessary in order to make the statements
contained herein or therein, in the light of the circumstances under which made,
not misleading.

                                   ARTICLE IV
                          CONDUCT PRIOR TO THE CLOSING

4.1      Conduct of Business of NetWorth

         During the period from the date of this Agreement and continuing until
the earlier of the termination of this Agreement or the Closing, NetWorth agrees
(except to the extent that Colmena will otherwise consent in writing):

(A)      To carry on its business in the usual, regular and ordinary course in
substantially the same manner as heretofore conducted and, to the extent
consistent with such business, use all reasonable efforts consistent with past
practice and policies to preserve intact NetWorth's present business
organizations, keep available the services of its present officers and key
employees and preserve their relationships with customers, suppliers,
distributors, licensors, licensees, and others having business dealings with it,
to the end that NetWorth's goodwill and ongoing businesses will be unimpaired at
the Time of Closing; and

(B)      Not to:

         (1)      Enter into any commitment or transaction not in the ordinary
                  course of business (i) to be performed over a period longer
                  than six (6) months in duration, or (ii) to purchase fixed
                  assets for a purchase price in excess of $10,000;

         (2)      Grant any severance or termination pay to any director,
                  officer or employee except (i) payments made pursuant to
                  standard written agreements outstanding on the date hereof or
                  (ii) in the case of employees who are not officers, grants
                  which are made in the ordinary course of business in
                  accordance with NetWorth's standard past practices;

         (3)      Except for licenses granted to end-users pursuant to
                  NetWorth's standard license agreements, transfer to any person
                  or entity any rights to NetWorth's Intellectual Property;

         (4)      Enter into or amend any agreements pursuant to which any other
                  party is granted exclusive marketing or other rights of any
                  type or scope with respect to any products of NetWorth;

         (5)      Violate, amend or otherwise modify the terms of any of the
                  contracts or agreements required to be set forth in NetWorth
                  Schedules;

<PAGE>

         (6)      Commence any litigation;

         (7)      Declare or pay any dividends on or make any other
                  distributions (whether in cash, stock or property) with
                  respect to any of its Capital Stock, or split, combine or
                  reclassify any of its Capital Stock or issue or authorize the
                  issuance of any other securities with respect to, in lieu of
                  or in substitution for shares of Capital Stock of NetWorth, or
                  repurchase or otherwise acquire, directly or indirectly, any
                  shares of its Capital Stock except from former employees,
                  directors and consultants in accordance with agreements
                  providing for the repurchase of shares at cost in connection
                  with any termination of service to NetWorth;

         (8)      Issue, deliver or sell or authorize or propose the issuance,
                  delivery or sale of, or purchase or propose the purchase of,
                  any shares of its Capital Stock or securities convertible
                  into, or subscriptions, rights, warrants or options to
                  acquire, or other agreements or commitments of any character
                  obligating it to issue any such shares or other convertible
                  securities;

         (9)      Cause or permit any amendments to its articles of
                  incorporation or bylaws;

         (10)     Acquire or agree to acquire by merging or consolidating with,
                  or by purchasing a substantial portion of the assets of, or by
                  any other manner, any business or any corporation,
                  partnership, association or other business organization or
                  division thereof, or otherwise acquire or agree to acquire any
                  assets which are Material, individually or in the aggregate,
                  to the business of NetWorth;

         (11)     Sell, lease, license or otherwise dispose of any of its
                  properties or assets which are Material, individually or in
                  the aggregate, to the business of NetWorth, except in the
                  ordinary course of business;

         (12)     Incur any indebtedness for borrowed money or guarantee any
                  such indebtedness or issue or sell any debt securities of
                  NetWorth or guarantee any debt securities of others;

         (13)     Adopt or amend any employee benefit plan, or enter into any
                  employment contract, pay any special bonus or special
                  remuneration to any director or employee, or increase the
                  salaries or wage rates of its employees;

         (14)     Revalue any of its assets, including without limitation
                  writing down the value of inventory or writing off notes or
                  accounts receivable other than in the ordinary course of
                  business;

         (15)     Pay, discharge or satisfy in an amount in excess of $1,000 in
                  any one case any claim, liability or obligation (absolute,
                  accrued, asserted or unasserted, contingent or otherwise),

<PAGE>

                  other than the payment, discharge or satisfaction in the
                  ordinary course of business of liabilities reflected or
                  reserved against in NetWorth's Financial Statements (or the
                  notes thereto), excl;uding any legal or accounting fees
                  incurred in connection with this Reorganization;

         (16)     Make or change any Material election with respect to Taxes,
                  adopt or change any accounting method with respect to Taxes,
                  file any Material Return or any amendment to a Material
                  Return, enter into any closing agreement, settle any claim or
                  assessment with respect to Taxes, or consent to any extension
                  or waiver of the limitation period applicable to any claim or
                  assessment with respect to Taxes; or

         (17)     Take, or agree in writing or otherwise to take, any of the
                  actions described in Sections 4.1(C)(1) through 4.1(C)(16)
                  above, or any action which would make any of the
                  representations or warranties or covenants of NetWorth
                  contained in this Agreement Materially untrue or incorrect.

(C)      To promptly notify Colmena of any event:

         (1)      Or occurrence or emergency which, in the reasonable judgment
                  of NetWorth, is not in the ordinary course of business of
                  NetWorth; and

         (2)      Which could, in the reasonable judgment of NetWorth, have a
                  Material adverse effect on NetWorth.

4.2      No Solicitation.

(A)      Prior to the Closing NetWorth will not (nor will NetWorth permit any of
NetWorth's officers, directors, stockholders affiliated with any officer or
director or NetWorth's agents, representatives or affiliates to) directly or
indirectly, take any of the following actions with any party other than Colmena
and its designees:

         (1)      Solicit, encourage, initiate or participate in any
                  negotiations or discussions with respect to, any offer or
                  proposal to acquire all or substantially all of NetWorth's
                  business and properties or Capital Stock whether by merger,
                  purchase of assets, tender offer or otherwise;

         (2)      Except as required by law and except for disclosures made to
                  financial institutions and others in the ordinary course of
                  business, disclose any information not customarily disclosed
                  to any person other than its attorneys or financial advisors
                  concerning NetWorth's business and properties or afford to any
                  person or entity access to its properties, books or records;
                  or

         (3)      Assist or cooperate with any person to make any proposal to
                  purchase all or any part of NetWorth's Capital Stock or of its
                  assets (other in the ordinary course of business).

<PAGE>

(B)      In the event NetWorth receives any offer or proposal, directly or
indirectly, of the type referred to in Section 4.2(A)(1) and (3) above, or any
request for disclosure or access pursuant to Section 4.2(A)(2) above, NetWorth
will immediately inform Colmena thereof and will cooperate with Colmena by
furnishing any information Colmena may reasonably request.

4.3      Conduct of Business of Colmena.

         During the period from the date of this Agreement and continuing until
the earlier of the termination of this Agreement or the Closing, as the case may
be, Colmena agrees (except to the extent that NetWorth will otherwise consent in
writing), that Colmena will promptly notify NetWorth of any event or occurrence
or emergency which is not in the ordinary course of business of Colmena and
which is Material and adverse to the business of Colmena.

                                    ARTICLE V
                              ADDITIONAL AGREEMENTS

5.1      Report on Form 8-K.

(A)      Within fifteen days following the Closing Date, Colmena, with the
assistance and cooperation of NetWorth's current officers, auditors, employees
and legal counsel, will prepare and file with the Commission a current report on
Commission Form 8-K (the "8-K Report") disclosing the Reorganization and
containing information concerning NetWorth required by Commission Regulation
S-B.

(B)      Colmena and NetWorth will use their best efforts to secure the
Commission's acceptance of NetWorth's audited financial statements, as complying
with the requirements of Regulation S-B, and NetWorth will make any
modifications to its financial statements suggested by the Commission; and, if
required, will use best efforts to secure from the Commission required
extensions of time in which to provide materials complying with Commission
Regulation S-B.

5.2      Consent of NetWorth's Stockholders.

         Because each NetWorth Stockholder has independently made the decision
to exchange all of his, her or its NetWorth Securities for shares of Colmena's
common stock, no formal stockholder action by NetWorth will be required in
conjunction with authorization of this Agreement or the Closing; however, each
NetWorth Stockholder must have become a party to this Agreement through the
grant of a power of attorney to Mr. Eikov. Mr. Eikov hereby represents and
warrants that he has such valid power of attorney on behalf of all such NetWorth
Stockholders, and that he will indemnify Colmena against all loss in the event
any NetWorth Stockholder claims that Mr. Eikov did not have such valid power of
attorney.

5.3      Access to Information.

(A)      NetWorth will afford Colmena and its accountants, counsel and other
representatives, reasonable access during normal business hours during the
period prior to the Closing to all:

<PAGE>

         (1)      Of its properties, books, contracts, commitments and records;
                  and

         (2)      Other information concerning the business, properties and
                  personnel of NetWorth as Colmena may reasonably request.

(B)      NetWorth agrees to provide to Colmena and its accountants, counsel and
other representatives copies of internal financial statements promptly upon
request.

(C)      No information or Knowledge obtained in any investigation pursuant to
this Section 5.3 will affect or be deemed to modify any representation or
warranty contained herein or the conditions to the obligations of the Parties to
consummate the Reorganization.

5.4      Confidentiality.

(A)      From the date hereof to and including the Closing Date, the Parties
will maintain, and cause their directors, employees, agents and advisors to
maintain, in confidence and not disclose or use for any purpose, except the
evaluation of the transactions contemplated hereby and the accuracy of the
respective representations and warranties of the Parties contained herein,
information concerning the other Parties and obtained directly or indirectly
from such Parties, or their directors, employees, agents or advisors, or as was
in the possession of such Party prior to obtaining such information from such
other Party as to which the fact of prior possession such possessing Party will
have the burden of proof and such information as is or becomes:

         (1)      Available to the non-disclosing Party from third parties not
                  subject to an undertaking of confidentiality or secrecy;

         (2)      Generally available to the public other than as a result of a
                  breach by the non-disclosing party hereunder; or

         (3)      Required to be disclosed under applicable law.

(B)      In the event that the transactions contemplated hereby will not be
consummated, all such information which will be in writing will be returned to
the Party furnishing the same, including to the extent reasonably practicable,
copies or reproductions thereof which may have been prepared.

5.5      Expenses.

         Whether or not the Reorganization is consummated, all expenses incurred
in connection with the Reorganization and this Agreement will be the sole
obligation of the Party incurring such expenses.

5.6      Public Disclosure.

         Unless otherwise required by law, prior to the Closing Date no
disclosure (whether or not in response to an inquiry) of the subject matter of
this Agreement will be made by any Party unless approved by Colmena and NetWorth
prior to release, provided that such approval will not be unnecessarily

<PAGE>

withheld, subject, in the case of Colmena, to Colmena's obligation to comply
with applicable securities laws.

5.7      Consents.

         Colmena and NetWorth will promptly apply for or otherwise seek, and use
their best efforts to obtain, all consents and approvals required to be obtained
by them for the consummation of the Reorganization, and NetWorth will use its
best efforts to obtain all consents, waivers and approvals under any of
NetWorth's agreements, contracts, licenses, leases or mortgages in order to
preserve the benefits thereunder for NetWorth and otherwise in connection with
the Reorganization; all of such consents and approvals being set forth in
Schedule 5.7.

5.8      Affiliate Agreements.

(A)      Schedule 5.8 sets forth those persons who are, in NetWorth's reasonable
judgment, Affiliates of NetWorth.

(B)      NetWorth will provide Colmena such information and documents as Colmena
will reasonably request for purposes of reviewing such list.

(C)      NetWorth will use its best efforts to deliver or cause to be delivered
to Colmena, concurrently with the execution of this Agreement (and in any case
prior to the Closing Date) from each of the Affiliates of NetWorth, an executed
Affiliate Agreement in the form annexed hereto as Exhibit 5.8.

(D)      Colmena will be entitled to place appropriate legends on the
certificates evidencing any Colmena's common stock to be received by such
Affiliates pursuant to the terms of this Agreement, and to issue appropriate
stop transfer instructions to the transfer agent for Colmena's common stock,
consistent with the terms of such Affiliate Agreements, in addition to the
legends and stop transfer instructions placed and issues on all certificates to
be issued to NetWorth's stockholders in conjunction with the Reorganization
based on the Parties' reliance on Section 4(2) of the Securities Act

5.9      Legal Requirements.

         Colmena and NetWorth will take all reasonable actions necessary to
comply promptly with all legal requirements which may be imposed on them with
respect to the consummation of the transactions contemplated by this Agreement
and will promptly cooperate with and furnish information to any Party in
connection with any such requirements imposed upon such other Party in
connection with the consummation of the transactions contemplated by this
Agreement and will take all reasonable actions necessary to obtain (and will
cooperate with the other Parties in obtaining) any consent, approval, order or
authorization of, or any registration, declaration or filing with, any
Governmental Entity or other person, required to be obtained or made in
connection with the taking of any action contemplated by this Agreement.

<PAGE>

5.10     Blue Sky Laws.

         Legal counsel to NetWorth has taken such steps as may be necessary to
comply with the securities and blue sky laws of all jurisdictions which are
applicable to the issuance of Colmena's common stock to the NetWorth
Stockholders.

5.11     Best Efforts: Additional Documents and Further Assurances.

(A)      Each of the Parties to this Agreement will use its best efforts to
effectuate the transactions contemplated hereby and to fulfill and cause to be
fulfilled the conditions to the Reorganization and the condition subsequent
under this Agreement.

(B)      Each Party, at the request of another Party, will execute and deliver
such other instruments and do and perform such other acts and things as may be
reasonably necessary or desirable for effecting completely the consummation of
this Agreement and the transactions contemplated hereby.

5.12     Employment Agreements.

         The individuals set forth on Schedule 5.12 will as of the Closing Date
be parties to the employment agreements included in composite Exhibit 5.12
hereto (the "Employment Agreements"), which will supersede all prior employment
agreements or arrangements with any such persons, and which will conform to the
forms of employment agreements established by Colmena for use by all material
employees of Colmena.

5.13     Colmena's Board of Directors and Officers.

         Immediately following Closing, Joshua Eikov and Bill White will be
appointed to fill vacancies on Colmena's board of directors and thereafter,
Colmena will call its annual meeting of stockholders, nominating as director
candidates such persons as the NetWorth Stockholders shall deem appropriate;
provided that the NetWorth Stockholders shall use their best efforts for a
period of three years following the Closing, to elect Mesrrs Anthony Q. Joffe,
Robert Gigliotti and Lawrence Van Etten, current members of Colmena's board of
directors, as members of Colmena's board of directors, to represent the
interests of the stockholders of Colmena who held shares immediately prior to
the Closing, and to provide assistance and continuity of information and
management to the directors and management of Colmena selected by the NetWorth
Stockholders. In addition, Colmena's only current officers (its President, Chief
Financial Office, and Legal Counsel) will have resigned effective upon closing.

5.14     Additional Covenants by NetWorth

         As of Closing all accrued obligations by NetWorth to its employees,
consultants and independent contractors involving payments due for services
rendered, whether in the form of salaries, bonuses, benefits, benefit plans, or
other fees or consideration of any kind, will be fully and irrevocably
discharged, except for no more than $25,000 in accrued salary involving
obligations for the most recent pay period and accrued vacation costs.

<PAGE>

                                   ARTICLE VI
                        CONDITIONS TO THE REORGANIZATION

6.1      Conditions to Obligations of Each Party to Effect the Reorganization.

         The respective obligations of each party to this Agreement to effect
the Reorganization will be subject to the satisfaction at or prior to the
Closing Date of the following conditions:

(A)      No Injunctions or Restraints: Illegality.

         No temporary restraining order, preliminary or permanent injunction or
other order issued by any court of competent jurisdiction or other legal
restraint or prohibition preventing the consummation of the Reorganization will
be in effect, nor will any proceeding brought by an administrative agency or
commission or other governmental authority or instrumentality, domestic or
foreign, seeking any of the foregoing be pending; nor will there be any action
taken, or any statute, rule, regulation or order enacted, entered, enforced or
deemed applicable to the Reorganization, which makes the consummation of the
Reorganization illegal.

(B)      NetWorth Information Required by Commission Regulation S-B

         The provision by NetWorth on a timely basis in full compliance with the
requirements of Commission Regulation S-B for Material acquisitions, of all
information concerning its past operations, including audited financial
statements, will constitute a condition subsequent to the obligations of Colmena
under this Agreement and in the event of the failure of such condition
subsequent, including if the Commission determines that the audited financial
statements do not fully meet the requirements of Regulation S-B then, at
Colmena's sole option:

         (1)      The Reorganization may be rescinded; or

         (2)      If the Escrow Term has not yet expired, the Undisclosed
                  Liabilities Escrow Shares will be deemed defaulted to Colmena
                  and the Reorganization will be restructured in a manner
                  complying with Colmena's reporting and other obligations under
                  the Exchange Act, including the sale by Colmena of NetWorth.

6.2      Additional Conditions to Obligations of NetWorth.

         The obligations of NetWorth to consummate and effect this Agreement and
the transactions contemplated hereby will be subject to the satisfaction at or
prior to the Closing Date of each of the following conditions, any of which may
be waived, in writing, exclusively by NetWorth:

(A)      Representations, Warranties and Covenants.

         The representations and warranties of Colmena in this Agreement will be
         true and correct in all material respects on and as of the Closing Date
         as though such representations and warranties were made on and as of
         such time and Colmena will have performed and complied in all Material
         respects with all covenants, obligations and conditions of this

<PAGE>

         Agreement required to be performed and complied with by it as of the
         Closing Date.

(B)      Certificate of Colmena.

         NetWorth will have been provided with a certificate executed on behalf
         of Colmena by its President and its Chief Financial Officer, Treasurer
         or officer exercising such functions to the effect that, as of the
         Closing Date:

         (1)      All representations and warranties made by Colmena under this
                  Agreement are true and complete in all material respects; and

         (2)      All covenants, obligations and conditions of this Agreement to
                  be performed by Colmena on or before such date have been so
                  performed in all Material respects.

(C)      Satisfactory Form of Legal Matters.

         The form, scope and substance of all legal and accounting matters
         contemplated hereby and all documents and other papers delivered
         hereunder prior to and on the Closing Date will be reasonably
         acceptable to counsel to NetWorth.

(D)      Legal Opinion.

         NetWorth will have received a legal opinion from legal counsel to
         Colmena, attached as Exhibit 6.2(D) hereto.

(E)      No Material Adverse Changes.

         There will not have occurred any event, fact or condition that has had
         or reasonably would be expected to have a Material adverse effect on
         Colmena.

(F)      Tax Opinion.

         In Lieu of a written opinion from their legal counsel or tax advisors
         to the effect that the Reorganization will constitute a reorganization
         within the meaning of Section 368(a)(1)(B) of the Code, NetWorth and
         the NetWorth Stockholders agree to indemnify and hold harmless Colmena
         and its directors from any tax liability that may arise if this
         Reorganization does not qualify as a reorganization within the meaning
         of Section 368(a)(1)(B) of the Code.

(G)      Agreement of Certain Colmena Affiliates.

         As a further condition precedent to Closing, Colemena will secure a
         written agreement from the Tucker Family Spendthrift Trust and the
         Calvo Family Spendthrift Trust, which will provide in part that despite
         each trust's potential status as a non-affiliate, for a period of two
         years following Closing, each trust agrees to be governed by the volume
         limitations of Rule 144 as applicable for affiliates of an issuer,
         provided that within 120 days of closing, NetWorth raises at least
         $1,000,000 in capital at a price of at least $0.05 per share.

6.3      Additional Conditions to the Obligations of Colmena.

         The obligations of Colmena to consummate and effect this Agreement and
the transactions contemplated hereby will be subject to the satisfaction at or
prior to the Closing Date of each of the following conditions, any of which may
be waived, in writing, exclusively by Colmena:

(A)      Representations, Warranties and Covenants.

         (1)      The representations and warranties of NetWorth in this
                  Agreement will be true and correct in all Material respects on
                  and as of the Closing Date as though such representations and
                  warranties were made on and as of such time and NetWorth will
                  have performed and complied in all Material respects with all
                  covenants, obligations and conditions of this Agreement
                  required to be performed and complied with by it as of the
                  Closing Date.

         (2)      Colmena will have no remedy against the Undisclosed
                  Liabilities Escrow Fund with respect to an untrue
                  representation or warranty if prior to the Closing Date
                  NetWorth delivers to Colmena in accordance with Section 9.2 a
                  written statement:

                  (a)      Advising Colmena that an event (a "Post-Execution
                           Event") has occurred (specifying in reasonable detail
                           such event) subsequent to the date of execution of
                           this Agreement that would render any representation
                           or warranty made by NetWorth in this Agreement untrue
                           if such representation or warranty were made as of
                           the Closing; and

                  (b)      Confirming that such representation or warranty was
                           true as of the date of execution of this Agreement,
                           and

                  (c)      Colmena subsequently waives the failure to satisfy
                           the condition set forth in Section 6.3(A) with
                           respect to such representation or warranty, in
                           writing.

(B)      Certificate of NetWorth.

         Colmena will have been provided with a certificate executed on behalf
         of NetWorth by its President and Chief Financial Officer to the effect
         that, as of the Closing Date, all:

         (1)      Representations and warranties made by NetWorth under this
                  Agreement are true and complete in all Material respects; and

         (2)      Covenants, obligations and conditions of this Agreement to be
                  performed by NetWorth on or before such date have been so
                  performed in all Material respects.

<PAGE>

(C)      Third Party Consents.

         Any and all consents, waivers and approvals required from third parties
         relating to the contracts and agreements of NetWorth so that the
         Reorganization and other transactions contemplated hereby do not
         adversely affect the rights of, and benefits to, NetWorth thereunder
         will have been obtained.

(D)      Satisfactory Form of Legal and Accounting Matters.

         The form, scope and substance of all legal and accounting matters
         contemplated hereby and all documents and other papers delivered
         hereunder prior to and on the Closing Date will be reasonably
         acceptable to Colmena's counsel (provided that the condition subsequent
         concerning the compliance of information provided by NetWorth with the
         requirements of Commission Regulation S-B, on a timely basis, will
         survive the Closing).

(E)      Legal Opinion.

         Colmena will have received a legal opinion from legal counsel to
         NetWorth, attached as Exhibit 6.3(E) hereto.

(F)      No Material Adverse Changes.

         There will not have occurred any event, fact or condition that has had
         or reasonably would be expected to have a Material adverse effect on
         NetWorth.

(G)      Affiliate Agreements.

         Colmena will have received from each of the Affiliates of NetWorth an
         executed Affiliate Agreement which will be in full force and effect.

(H)      Employment Agreements.

         The Employment Agreements will have been duly executed and delivered
         and will be in full force and effect.

(I)      Minimum Net Worth.

         NetWorth will on the Closing Date have net tangible assets (tangible
         assets in excess of liabilities) based on replacement cost valuation of
         not less than $(134,673); no net current payables (excess of current
         payables over current receivables), and a total of not more than
         $115,000 in long term payables.

(J)      Reserved.

(K)      Confidentiality Agreements.

<PAGE>

         Each current employee, consultant or other person having access to
         NetWorth's confidential information will have executed a
         confidentiality agreement in the form annexed hereto as Exhibit 6.3(K).

(L)      Non-accredited Investors.

         Except as disclosed in the NetWorth Warranty Exceptions listed in
         Schedule 2, there will be no stockholders of NetWorth who are not
         Accredited Investors.

(M)      Obligations to NetWorth Personnel

         All obligations by NetWorth to its employees, consultants and
         independent contractors involving payments due for services rendered
         will have been fully discharged, as of the Closing date.

                                   ARTICLE VII
        SURVIVAL OF CONDITION SUBSEQUENT, REPRESENTATIONS AND WARRANTIES,
                   COVENANTS & UNDISCLOSED LIABILITIES ESCROW

7.1      Survival of Condition Subsequent, Representations and Warranties &
         Covenant.

         All conditions subsequent to the Reorganization and covenants to be
performed after the Closing, and all representations and warranties in this
Agreement or in any instrument delivered pursuant to this Agreement will survive
the Closing and continue until the date the audit of Colmena's financial
statements for the year ending December 31, 2004 has been completed and Colmena
has received a signed opinion from its independent auditors certifying such
financial statements (the "2004 Audit Date").

7.2      Escrow Arrangements.

(A)      Undisclosed Liabilities Escrow Fund.

         (1)      As soon as practicable after the Closing Date, 20% of the
                  shares of Colmena's common stock to be issued in the
                  Reorganization equal to the Undisclosed Liabilities Escrow
                  Number, plus any additional New Shares (as defined below) as
                  may be issued with respect thereto after the Closing Date)
                  (collectively, the "Undisclosed Liabilities Escrow Shares"),
                  without any act of any stockholder, will be registered in the
                  name of Jefrey Klein, Esq., Escrow Agent, or such other person
                  or legal entity as may otherwise be selected by Colmena prior
                  to the Closing as escrow agent (the "Undisclosed Liabilities
                  Escrow Agent"), and will be deposited with a financial
                  institution acceptable to Colmena and the Agent [as defined in
                  Section 7.2(H) below)], such deposit to constitute an escrow
                  fund (the "Undisclosed Liabilities Escrow Fund") to be
                  governed by the terms set forth herein and at Colmena's sole
                  cost and expense.

<PAGE>
         (2)      (a) The portion of Colmena's common stock in the Undisclosed
                  Liabilities Escrow Fund contributed on behalf of each
                  stockholder of NetWorth is listed opposite such stockholders'
                  name on Exhibit 7.2.

                  (b) The Undisclosed Liabilities Escrow Fund will be available
                  to compensate Colmena and its affiliates for any claim, loss,
                  expense, liability or other damage, including reasonable
                  attorneys' fees, that such person has incurred or reasonably
                  anticipates incurring by reason of the successful assertion by
                  a third party of any claims for liabilities of NetWorth that
                  were not disclosed as required pursuant to this Agreement
                  ("Undisclosed Liabilities"), but only to the extent that such
                  Undisclosed Liabilities exceed $20,000 in the aggregate.

                  (c) Colmena and NetWorth each acknowledge that such
                  Undisclosed Liabilities, if any, would relate to unresolved
                  contingencies existing at the Time of Closing which if
                  resolved at the Closing would have led to a reduction in the
                  total number of shares of Colmena's common stock Colmena would
                  have agreed to issue in connection with the Reorganization or
                  to Colmena's decision not to acquire NetWorth.

         (3)      Nothing herein will limit the liability of NetWorth for any
                  misrepresentation or breach of warranty except that resort to
                  the Undisclosed Liabilities Escrow Fund will be the exclusive
                  contractual remedy of Colmena for recovery of monetary damages
                  resulting from any such undisclosed liability; provided,
                  however, that nothing herein will limit any non-contractual
                  remedy for fraud or relief in the form of remedies other than
                  recovery of monetary damages.

         (4)      (a) Subject to the following requirements, the Undisclosed
                  Liabilities Escrow Fund will remain in existence until the
                  2004 Audit Date (the "Undisclosed Liabilities Escrow Period").

                  (b) Upon the expiration of such Undisclosed Liabilities Escrow
                  Period, the Undisclosed Liabilities Escrow Fund will terminate
                  with respect to all Undisclosed Liabilities Escrow Shares;
                  provided, however, that the number of Undisclosed Liabilities
                  Escrow Shares which, in the reasonable judgment of Colmena,
                  subject to the objection of the Agent and the subsequent
                  arbitration of the matter in the manner provided in Section
                  7.2(G) hereof, are necessary to satisfy any unsatisfied claims
                  specified in any Officer's Certificate delivered to the
                  Undisclosed Liabilities Escrow Agent prior to the expiration
                  of the Undisclosed Liabilities Escrow Period with respect to
                  facts and circumstances existing on or prior to the 2004 Audit
                  Date will remain in the Undisclosed Liabilities Escrow Fund
                  (and the Undisclosed Liabilities Escrow Fund will remain in
                  existence) until such claims have been resolved.

                  (c) As soon as all such claims have been resolved, the
                  Undisclosed Liabilities Escrow Agent will deliver to the
                  NetWorth Stockholders all Colmena's common stock and other

<PAGE>

                  property remaining in the Undisclosed Liabilities Escrow Fund
                  and not required to satisfy such claims.

                  (d) Deliveries of Colmena's common stock and other property to
                  the NetWorth Stockholders pursuant to this Section 7.2(A) will
                  be made in proportion to their respective original
                  contributions to the Undisclosed Liabilities Escrow Fund.

(B)      Reserved.

(C)      Protection of Escrow Shares.

         The Escrow Agents will hold and safeguard the Escrow Shares during the
         Escrow Terms, will treat the Escrow Shares as a trust fund in
         accordance with the terms of this Agreement and not as the property of
         the Parties and will hold and dispose of the Escrow Shares only in
         accordance with the terms hereof.

(D)      Distributions; Voting.

         (1)      (a) Any shares of Colmena's common stock or other equity
                  securities issued or distributed by Colmena, including shares
                  issued upon a stock split or any stock dividend or
                  distribution ("New Shares") with respect to Colmena's common
                  stock in the Escrow Funds which have not been released from
                  the Escrow Funds will be added to the Escrow Funds and become
                  a part thereof.

                  (b) New Shares issued with respect to Colmena's common stock
                  that have been released from the Escrow Funds will not be
                  added to the Escrow Funds, but will be distributed to the
                  holders thereof.

                  (c) When and if cash dividends on Colmena's common stock in
                  the Escrow Funds will be declared and paid, they will be added
                  to the Escrow Funds and become a part thereof.

         (2)      Each stockholder of NetWorth will have full voting rights with
                  respect to the shares of Colmena's common stock contributed to
                  the Escrow Funds on behalf of such stockholder (and on any
                  voting securities added to the Escrow Funds with respect to
                  such shares of Colmena's common stock) so long as such shares
                  of Colmena's common stock or other voting securities are held
                  in the Escrow Funds.

(E)      Claims Upon Escrow Funds.

         Subject to the objection procedure established below, the Undisclosed
Liabilities Escrow Agent will deliver to Colmena out of the Undisclosed
Liabilities Escrow Fund, as promptly as practicable, shares of Colmena's common
stock or other assets held in the Undisclosed Liabilities Escrow Fund in an
amount equal to the funds required to recover the monetary damages resulting
from such Undisclosed Liabilities, provided that

<PAGE>

         (1)      A written claim of loss has been provided by Colmena to the
                  Undisclosed Liabilities Escrow Agent at any time on or before
                  the last day of the Undisclosed Liabilities Escrow Period in
                  the form of a certificate signed by any officer of Colmena (an
                  "Officer's Certificate"), with a copy to NetWorth:

                  (a)      Stating that Colmena has paid or properly accrued or
                           reasonably anticipates that it will have to pay or
                           accrue as a result of such Undisclosed Liabilities,
                           and

                  (b)      Specifying in reasonable detail the individual items
                           of included in the amount so stated, the date each
                           such item was paid or properly accrued, or the basis
                           for such anticipated liability, and the nature of the
                           misrepresentation, breach of warranty or claim to
                           which such item is related.

         (2)      For the purposes of determining the number of shares of
                  Colmena's common stock to be delivered to Colmena out of the
                  Undisclosed Liabilities Escrow Fund pursuant to Section
                  7.2(E)(1), the shares of Colmena's common stock will be valued
                  at the average closing transaction price therefor during the
                  preceding ten trading days, as reported on the highest rated
                  securities market or securities exchange on which Colmena's
                  common stock is actually traded.

(F)      Objections to Undisclosed Liabilities Escrow Claims.

         (1)      At the time of delivery of any Officer's Certificate to the
                  Undisclosed Liabilities Escrow Agent, a duplicate copy of such
                  certificate will be delivered to the Agent [as defined in
                  Section 7.2(H)] and for a period of thirty (30) days after
                  such delivery, the Undisclosed Liabilities Escrow Agent will
                  make no delivery to Colmena of shares of Colmena's common
                  stock, pursuant to Section 7.2(E)(1) hereof unless the
                  Undisclosed Liabilities Escrow Agent will have received
                  written authorization from the Agent to make such delivery.

         (2)      After the expiration of such thirty (30) day period, the
                  Undisclosed Liabilities Escrow Agent will make delivery of the
                  shares of Colmena's common stock or other property in the
                  Undisclosed Liabilities Escrow Fund in accordance with Section
                  7.2(F) hereof, provided that no such payment or delivery may
                  be made if the Agent will object in a written statement to the
                  claim made in the Officer's Certificate, and such statement
                  will have been delivered to the Undisclosed Liabilities Escrow
                  Agent prior to the expiration of such thirty day period.

<PAGE>

(G)      Resolution of Undisclosed Liabilities Escrow Conflicts; Arbitration.

         (1)      (a) In case the Agent will so object in writing to any claim
                  or claims made in any Officer's Certificate, the Agent and
                  Colmena will attempt in good faith to agree upon the rights of
                  the respective parties with respect to each of such claims.

                  (b) If the Agent and Colmena should so agree, a memorandum
                  setting forth such agreement will be prepared and signed by
                  both Parties and will be furnished to the Undisclosed
                  Liabilities Escrow Agent.

                  (c) The Undisclosed Liabilities Escrow Agent will be entitled
                  to rely on any such memorandum and distribute shares of
                  Colmena's common stock or other property from the Undisclosed
                  Liabilities Escrow Fund in accordance with the terms thereof.

         (2)      (a) If no such agreement can be reached after good faith
                  negotiation, either Colmena or the Agent may demand
                  arbitration of the matter unless the amount of the damage or
                  loss is at issue in pending litigation with a third party, in
                  which event arbitration will not be commenced until such
                  amount is ascertained or both Parties agree to arbitration;
                  and in either such event the matter will be settled by
                  arbitration conducted by three arbitrators.

                  (b) Colmena and the Agent will each select one arbitrator, and
                  the two arbitrators so selected will select a third
                  arbitrator.

                  (c) The arbitrators will set a limited time period and
                  establish procedures designed to reduce the cost and time for
                  discovery while allowing the Parties an opportunity, adequate
                  in the sole judgment of the arbitrators, to discover relevant
                  information from the opposing Parties about the subject matter
                  of the dispute.

                  (d) The arbitrators will rule upon motions to compel or limit
                  discovery and will have the authority to impose sanctions,
                  including attorneys' fees and costs, to the extent as a court
                  of competent law or equity, should the arbitrators determine
                  that discovery was sought without substantial justification or
                  that discovery was refused or objected to without substantial
                  justification.

                  (e) The decision of a majority of the three arbitrators as to
                  the validity and amount of any claim in such Officer's
                  Certificate will be binding and conclusive upon the Parties to
                  this Agreement, and notwithstanding anything in Section
                  7.2(E)(1) hereof, the Undisclosed Liabilities Escrow Agent
                  will be entitled to act in accordance with such decision and
                  make or withhold payments out of the Undisclosed Liabilities
                  Escrow Fund in accordance therewith.

                  (f) Such decision will be written and will be supported by
                  written findings of fact and conclusions of law, which will

<PAGE>

                  set forth the award, judgment, decree or order awarded by the
                  arbitrators.

         (3)      (a) (i)  Judgment upon any award rendered by the arbitrators
                           may be entered in any court having jurisdiction.

                      (ii) Any such arbitration will be held in Palm Beach
                           County, Florida, under the rules then in effect of
                           the American Arbitration Association to the extent
                           such rules are not inconsistent with this Section
                           7.2(G).

                  (b) For purposes of this Section 7.2(G), in any arbitration
                  hereunder in which any claim or the amount thereof stated in
                  the Officer's Certificate is at issue, Colmena will be deemed
                  to be the Non-Prevailing Party in the event that the
                  arbitrators award Colmena less than the sum of 50% of the
                  disputed amount plus any amounts not in dispute; otherwise,
                  the NetWorth Stockholders as represented by the Agent will be
                  deemed to be the Non-Prevailing Party.

                  (c) The Non-Prevailing Party to the arbitration will pay its
                  own expenses, the fees of each arbitrator, the administrative
                  fee of the American Arbitration Association, and the expenses,
                  including without limitation, reasonable attorneys' fees and
                  costs, incurred by the other party to the arbitration.

(H)      Agent of the Stockholders: Power of Attorney.

         (1)      (a) (i)  Joshua Eikov is hereby irrevocably appointed as the
                           agent and attorney-in-fact (the "Agent") for each
                           stockholder of NetWorth, for and on behalf of the
                           NetWorth Stockholders, to give and receive notices
                           and communications, to authorize delivery to Colmena
                           of Colmena's common stock or other property from the
                           Escrow Funds in satisfaction of claims by Colmena, to
                           object to such deliveries, to agree to, negotiate,
                           enter into settlements and compromises of, and demand
                           arbitration and comply with orders of courts and
                           awards of arbitrators with respect to such claims,
                           and to take all actions necessary or appropriate in
                           the judgment of Agent for the accomplishment of the
                           foregoing.

                      (ii) Such agency may be changed by the NetWorth
                           Stockholders from time to time upon not less than
                           thirty (30) days' prior written notice to Colmena;
                           provided that the Agent may not be removed unless
                           holders of a two-thirds interest of the common stock
                           comprising the subject Escrow Fund agree to such
                           removal and to the identity of the substituted agent.

                      (iii) No bond will be required of the Agent, and the Agent
                           will not receive compensation for his or her
                           services.

<PAGE>

                      (iv) Notices or communications to or from the Agent will
                           constitute notice to or from each of the NetWorth
                           Stockholders.

                  (b) The Agent will be entitled to submit a claim and receive
                  reimbursement from the Escrow Funds for all reasonable,
                  documented out-of-pocket expenses incurred by the Agent as a
                  result of serving as the Agent; provided, however, that such
                  right to reimbursement will be subordinate to Colmena's claims
                  on the Escrow Funds, if any, and will be paid only after all
                  such claims have been satisfied.

                  (c) Any such reimbursement will be paid in shares of Colmena's
                  common stock out of the Escrow Fund.

                  (d) For purposes of such reimbursement of the Agent only, such
                  shares will be valued at the average of the closing prices of
                  Colmena's common stock for the ten trading days ending on the
                  day prior to the date the Undisclosed Liabilities Escrow Agent
                  pays such reimbursement amount.

         (2)      (a) The Agent will not be liable for any act done or omitted
                  hereunder as Agent while acting in good faith and in the
                  exercise of reasonable judgment.

                  (b) The NetWorth Stockholders on whose behalf shares of
                  Colmena's common stock were contributed to the subject Escrow
                  Fund will severally indemnify the Agent and hold the Agent
                  harmless against any loss, liability or expense incurred
                  without negligence or bad faith on the part of the Agent and
                  arising out of or in connection with the acceptance or
                  administration of the Agent's duties hereunder, including the
                  reasonable fees and expenses of any legal counsel retained by
                  the Agent.

(I)      Actions of the Agent.

         (1)      A decision, act, consent or instruction of the Agent will
                  constitute a decision of all the stockholders for whom shares
                  of Colmena's common stock otherwise issuable to them are
                  deposited in the Escrow Funds and will be final, binding and
                  conclusive upon each of such stockholders, and the Escrow
                  Agents and Colmena may rely upon any such decision, act,
                  consent or instruction of the Agent as being the decision,
                  act, consent or instruction of every such stockholder.

         (2)      The Escrow Agents and Colmena are hereby relieved from any
                  liability to any person for any acts done by them in
                  accordance with such decision, act, consent or instruction of
                  the Agent.

<PAGE>

(J)      Third-Party Claims.

         (1)      In the event Colmena becomes aware of a third-party claim
                  which Colmena believes may result in a demand against the
                  Undisclosed Liabilities Escrow Fund, Colmena will notify the
                  Agent of such claim, and the Agent and the NetWorth
                  Stockholders will be entitled, at their expense, to
                  participate in any defense of such claim.

         (2)      Colmena will have the right in its sole discretion to settle
                  any such claim; provided, however, that except with the
                  consent of the Agent, no settlement of any such claim with
                  third-party claimants will alone be determinative of the
                  validity of any claim against the Undisclosed Liabilities
                  Escrow Fund.

         (3)      In the event that the Agent has consented to any such
                  settlement, the Agent will have no power or authority to
                  object under any provision of this Article VII to the amount
                  of any claim by Colmena against the Undisclosed Liabilities
                  Escrow Fund with respect to such settlement.

(K)      Escrow Agents' Duties.

         (1)      (a) The Escrow Agents will be obligated only for the
                  performance of such duties as are specifically set forth
                  herein, and as set forth in any additional written escrow
                  instructions which the Escrow Agents may receive after the
                  date of this Agreement which are signed by an officer of
                  Colmena and the Agent, and may rely and will be protected in
                  relying or refraining from acting on any instrument reasonably
                  believed to be genuine and to have been signed or presented by
                  the proper party or parties.

                  (b) The Escrow Agents will not be liable for any act done or
                  omitted hereunder as Escrow Agents while acting in good faith
                  and in the exercise of reasonable judgment, and any act done
                  or omitted pursuant to the advice of counsel will be
                  conclusive evidence of such good faith.

         (2)      (a) The Escrow Agents are hereby expressly authorized to
                  disregard any and all warnings given by any of the Parties or
                  by any other person, excepting only orders or process of
                  courts of law, and is hereby expressly authorized to comply
                  with and obey orders, judgments or decrees of any court.

                  (b) In case the Escrow Agents obey or comply with any order,
                  judgment or decree of any court, the Escrow Agents will not be
                  liable to any of the Parties or to any other person by reason
                  of such compliance, notwithstanding any such order, judgment
                  or decree being subsequently reversed, modified, annulled, set
                  aside, vacated or found to have been entered without
                  jurisdiction.

<PAGE>

         (3)      The Escrow Agents will not be liable in any respect on account
                  of the identity, authority or rights of the Parties executing
                  or delivering or purporting to execute or deliver this
                  Agreement or any documents or papers deposited or called for
                  hereunder.

         (4)      The Escrow Agents will not be liable for the expiration of any
                  rights under any statute of limitations with respect to this
                  Agreement or any documents deposited with the Escrow Agents.

         (5)      The Escrow Agents may resign at any time upon giving at least
                  thirty (30) day's written notice to Colmena and the Agent to
                  this Agreement; provided, however, that no such resignation
                  will become effective until the appointment of a successor
                  escrow agent, which will be accomplished as follows:

                  (a)      Colmena and the Agent will use their best efforts to
                           mutually agree upon a successor agent within thirty
                           (30) days after receiving such notice.

                  (b)      If the Parties fail to agree upon a successor escrow
                           agent within such time, Colmena will have the right
                           to appoint a successor escrow agent authorized to do
                           business in Florida.

                  (c)      The successor escrow agent selected in the preceding
                           manner will execute and deliver an instrument
                           accepting such appointment and it will thereupon be
                           deemed the subject Escrow Agent hereunder and it will
                           without further acts be vested with all the estates,
                           properties, rights, powers, and duties of the
                           predecessor Escrow Agent as if originally named as
                           Escrow Agent.

                  (d)      Thereafter, the predecessor Escrow Agent will be
                           discharged for any further duties and liabilities
                           under this Agreement.

                                  ARTICLE VIII
                        TERMINATION, AMENDMENT AND WAIVER

8.1      Termination.

         This Agreement may be terminated and the Reorganization abandoned at
any time prior to the Closing Date, as follows:

(A)      By mutual consent of NetWorth and Colmena.

(B)      By Colmena if it is not in Material breach of its obligations under
this Agreement and there has been a Material breach of any representation,
warranty, covenant or agreement contained in this Agreement on the part of
NetWorth and such breach has not been cured within fifteen days after notice to
NetWorth.

<PAGE>

(C)      By NetWorth if it is not in Material breach of its respective
obligations under this Agreement and there has been a Material breach of any
representation, warranty, covenant or agreement contained in this Agreement on
the part of Colmena and such breach has not been cured within 15 days after
notice to Colmena;

(D)      By any Party if:

         (1)      The Reorganization has not occurred by September 30, 2004 ;

         (2)      There is a final non-appealable order of a federal or state
                  court in effect preventing consummation of the Reorganization;

         (3)      There will be any action taken, or any statute, rule,
                  regulation or order enacted, promulgated or issued or deemed
                  applicable to the Reorganization by any Governmental Entity
                  which would make consummation of the Reorganization illegal;
                  or

         (4)      There will be any action taken, or any statute, rule,
                  regulation or order enacted, promulgated or issued or deemed
                  applicable to the Reorganization by any Governmental Entity,
                  which would:

                  (a)      Prohibit Colmena's or NetWorth's ownership or
                           operation of all or a Material portion of the
                           business of NetWorth, or compel Colmena or NetWorth
                           to dispose of or hold separate all or a Material
                           portion of the business or assets of NetWorth or
                           Colmena as a result of the Reorganization; or

                  (b)      Render Colmena or NetWorth unable to consummate the
                           Reorganization, except for any waiting period
                           provisions.

(E)      Where action is taken to terminate this Agreement pursuant to this
Section 8.1, it will be sufficient for such action to be authorized by the board
of directors (as applicable) of the Party taking such action.

8.2      Effect of Termination.

         In the event of termination of this Agreement as provided in Section
8.1, this Agreement will immediately become void and there will be no liability
or obligation on the part of Colmena or NetWorth or their respective officers,
directors or stockholders, except if such termination results from the breach by
a Party of any of its representations, warranties, covenants or agreements set
forth in this Agreement (it being understood that termination of this Agreement
because of failure of NetWorth to satisfy the condition set forth in Section
6.3(A) as a result of the occurrence of a Post-Execution Event will not be
deemed to be a termination resulting from such a breach of representation or
warranty.)

<PAGE>

8.3      Amendment.

(A)      This Agreement may be amended by the Parties at any time before or
after approval of matters presented in connection with the Closing by the
stockholders of those Parties required by applicable law to so approve but,
after any such stockholder approval, no amendment will be made which by law
requires the further approval of stockholders of a party without obtaining such
further approval.

(B)      This Agreement may not be amended except by an instrument in writing
signed on behalf of each of the Parties.

8.4      Extension & Waiver.

(A)      At any time prior to the Closing any Party may, to the extent legally
allowed:

         (1)      Extend the time for the performance of any of the obligations
                  or other acts of the other Parties;

         (2)      Waive any inaccuracies in the representations and warranties
                  made to such party contained herein or in any document
                  delivered pursuant hereto; or

         (3)      Waive compliance with any of the agreements or conditions for
                  the benefit of such Party contained herein.

(B)      Any agreement on the part of a Party to any such extension or waiver
will be valid only if set forth in an instrument in writing signed on behalf of
such Party.

                                   ARTICLE IX
                               GENERAL PROVISIONS

9.1      Interpretation.

(A)      When a reference is made in this Agreement to Schedules or Exhibits,
such reference will be to a Schedule or Exhibit to this Agreement unless
otherwise indicated.

(B)      The words "include," "includes" and "including" when used herein will
be deemed in each case to be followed by the words "without limitation."

(C)      The table of contents and headings contained in this Agreement are for
reference purposes only and will not affect in any way the meaning or
interpretation of this Agreement.

(D)      The captions in this Agreement are for convenience and reference only
and in no way define, describe, extend or limit the scope of this Agreement or
the intent of any provisions hereof.

(E)      All pronouns and any variations thereof will be deemed to refer to the
masculine, feminine, neuter, singular or plural, as the identity of the Party or
Parties, or their personal representatives, successors and assigns may require.

<PAGE>

(F)      The Parties agree that they have been represented by counsel during the
negotiation and execution of this Agreement and, therefore, waive the
application of any law, regulation, holding or rule of construction providing
that ambiguities in an agreement or other document will be construed against the
party drafting such agreement or document.

9.2      Notice.

(A)      All notices, demands or other communications given hereunder will be in
writing and will be deemed to have been duly given on the first business day
after mailing by United States registered or certified mail, return receipt
requested, postage prepaid, addressed as follows:

         (1)      TO COLMENA:

                                  Colmena Corp.
                  101 SW 11th Avenue; Boca Raton, Florida 33486
         Attention: Anthony Q. Joffe, Chairman of the Board & President
  Telephone (561) 392-6010, Fax (561) 392-6070; and, e-mail joffe@bellsouth.net

         (2)      TO NETWORTH:

                             NetWorth Systems, Inc.
             6499 NW 9th Avenue, Suite 304; Ft. Lauderdale, FL 33309
                        Attention: Josh Eikov, President
   Telephone (954) 670-2300; Fax (954) 772-9955; e-mail jeikov@networthco.com;
                                 with a copy to

                             Jeffrey Klein, Esquire
                             Newman, Pollock & Klein
           2600 North Military Trail, Suite 270; Boca Raton, FL 33431
   Telephone (561) 997-9920; Fax (561) 241-4943 and, e-mail jklein@npk-law.com

         (3)      TO MR. EIKOV, AS AGENT FOR NETWORTH STOCKHOLDERS:

             6499 NW 9th Avenue, Suite 304; Ft. Lauderdale, FL 33309
   Telephone (954) 670-2300; Fax (954) 772-9955; e-mail jeikov@networthco.com;

         (4)      TO THE UNDISCLOSED LIABILITIES ESCROW AGENT:

                             Jeffrey Klein, Esquire
                             Newman, Pollock & Klein
           2600 North Military Trail, Suite 270; Boca Raton, FL 33431
  Telephone (561) 997-9920; Fax (561) 241-4943; and, e-mail jklein@npk-law.com

or to such other address or to such other person as any Party will designate to
the other for such purpose in the manner hereinafter set forth.

(B)      At the request of any Party, notice will also be provided by overnight
delivery, facsimile transmission or e-mail, provided that a transmission receipt
is retained.

<PAGE>

(C)      (1)      All of the Parties acknowledge that they should retain
                  independent legal and accounting counsel to review this
                  Agreement and its exhibits and incorporated materials on their
                  behalf.

         (2)      The decision by any Party not to use the services of legal
                  counsel in conjunction with this transaction will be solely at
                  its own risk, each Party acknowledging that applicable rules
                  of the Florida Bar prevent Colmena's counsel, who has
                  reviewed, approved and caused modifications to this Agreement
                  on behalf of Colmena, from representing anyone other than
                  Colmena in this transaction.

9.3      Merger of All Prior Agreements Herein.

(A)      This instrument, together with the instruments referred to herein,
contains all of the understandings and agreements of the Parties with respect to
the subject matter discussed herein.

(B)      All prior agreements whether written or oral are merged herein and will
be of no force or effect.

9.4      Survival.

         The several representations, warranties and covenants of the Parties
contained herein will survive the execution hereof and the Closing and will be
effective regardless of any investigation that may have been made or may be made
by or on behalf of any Party.

9.5      Severability.

         If any provision or any portion of any provision of this Agreement,
other than one of the conditions precedent or subsequent, or the application of
such provision or any portion thereof to any person or circumstance will be held
invalid or unenforceable, the remaining portions of such provision and the
remaining provisions of this Agreement or the application of such provision or
portion of such provision as is held invalid or unenforceable to persons or
circumstances other than those to which it is held invalid or unenforceable,
will not be affected thereby.

9.6      Governing Law.

         This Agreement will be construed in accordance with the substantive and
procedural laws of the State of Delaware (other than those regulating Taxation
and choice of law).

<PAGE>

9.7      Indemnification.

(A)      Each Party hereby irrevocably agrees to indemnify and hold the other
Parties harmless from any and all liabilities and damages (including legal or
other expenses incidental thereto), contingent, current, or inchoate to which
they or any one of them may become subject as a direct, indirect or incidental
consequence of any action by the indemnifying Party or as a consequence of the
failure of the indemnifying Party to act, whether pursuant to requirements of
this Agreement or otherwise.

(B)      In the event it becomes necessary to enforce this indemnity through an
attorney, with or without litigation, the successful Party will be entitled to
recover from the indemnifying Party, all costs incurred including reasonable
attorneys' fees throughout any negotiations, trials or appeals, whether or not
any suit is instituted.

9.8      Dispute Resolution.

(A)      In any action between the Parties to enforce any of the terms of this
Agreement or any other matter arising from this Agreement any proceedings
pertaining directly or indirectly to the rights or obligations of the Parties
hereunder will, to the extent legally permitted, be held in Palm Beach County,
Florida, and the prevailing Party will be entitled to recover its costs and
expenses, including reasonable attorneys' fees up to and including all
negotiations, alternative dispute resolution proceedings, trials and appeals,
whether or not any formal proceedings are initiated.

(B)      Except for the arbitration procedures outlined in paragraphs 7.2(G)(2)
and 7.2(G)(3) which will govern any arbitration proceeding described therein, in
the event of any dispute arising under this Agreement, or the negotiation
thereof or inducements to enter into the Agreement, the dispute will, at the
request of any Party, be exclusively resolved through the following procedures:

         (1)      (a)      First, the issue will be submitted to mediation
                           before a mediation service in Palm Beach County,
                           Florida to be selected by lot from four alternatives
                           to be provided, two by Colmena and two by NetWorth.

                  (b)      The mediation efforts will be concluded within ten
                           business days after their initiation unless the
                           Parties unanimously agree to an extended mediation
                           period;

         (2)      In the event that mediation does not lead to a resolution of
                  the dispute then at the request of any Party, the Parties will
                  submit the dispute to binding arbitration before an
                  arbitration service located in Palm Beach County, Florida to
                  be selected by lot, from four alternatives to be provided, two
                  by Colmena and two by NetWorth.

         (3)      (a)      Expenses of mediation will be borne equally by the
                           Parties, if successful.

                  (b)      Expenses, including reasonable attorneys' fees, of
                           mediation, if unsuccessful, and of arbitration, will
                           be borne by the Party or Parties against whom the
                           arbitration decision is rendered.

<PAGE>

                  (c)      If the terms of the arbitral award do not establish a
                           prevailing Party, then the expenses of unsuccessful
                           mediation and arbitration will be borne equally by
                           the Parties involved.

9.9      Benefit of Agreement.

         The terms and provisions of this Agreement will be binding upon and
inure to the benefit of the Parties, their successors, assigns, personal
representatives, estate, heirs and legatees but are not intended to confer upon
any other person any rights or remedies hereunder.

9.10     Further Assurances.

         The Parties agree to do, execute, acknowledge and deliver or cause to
be done, executed, acknowledged or delivered and to perform all such acts and
deliver all such deeds, assignments, transfers, conveyances, powers of attorney,
assurances, stock certificates and other documents, as may, from time to time,
be required herein to effect the intent and purpose of this Agreement.

9.11     Counterparts.

(A)      This Agreement may be executed in any number of counterparts.

(B)      All executed counterparts will constitute one Agreement notwithstanding
that all signatories are not signatories to the original or the same
counterpart.

(C)      Execution by exchange of facsimile transmission will be deemed legally
sufficient to bind the signatory; however, the Parties will, for aesthetic
purposes, prepare a fully executed original version of this Agreement which will
be the document filed with the Commission.

9.12     License.

(A)      This form of agreement is the property of Colmena and has been
customized for this transaction by Kevin W. Dornan, Esquire, Colmena's counsel.

(B)      The use of this form of agreement by the Parties is authorized hereby
solely for purposes of this transaction.

(C)      The use of this form of agreement or of any derivation thereof for any
other purpose without Colmena's prior written permission is prohibited.

<PAGE>

                                  NETWORTH, LLC
                      FOOTNOTES TO THE FINANCIAL STATEMENTS
                      FOR THE YEAR ENDED DECEMBER 31, 2003

         IN WITNESS WHEREOF, Colmena, NetWorth, the NetWorth Stockholders and
the Escrow Agent (with respect to the Escrow Agent, as to matters set forth in
Section 1.2(A)(2)(a) and Article VII only) have caused this Agreement to be
executed by themselves or their duly authorized respective officers, all as of
the last date set forth below:

Signed, sealed and delivered
         In Our Presence:

         /s/ April J. Green
         ---------------------
         April J. Green

         /s/ Lawrence VanEtten
         ---------------------
         Lawrence VanEtten                       COLMENA CORP.
                                                 (A Delaware corporation)
                                                 By: /s/Anthony Q. Joffe
                                                     ---------------------------
                                                     Anthony Q. Joffe, President
Dated:   August 20, 2004
                                                        (Corporate Seal)
         /s/ April J. Green
         ---------------------
         April J. Green

         /s/ Lawrence VanEtten
         ---------------------                       NETWORTH SYSTEMS, INC.
         Lawrence VanEtten                           (a Florida corporation)
                                                     By: /s/L. Joshua Eikov
                                                         -----------------------
                                                         Joshua Eikov, President
Dated:   August 20, 2004
                                                        (Corporate Seal)
         /s/ April J. Green
         ---------------------
         April J. Green

         /s/ Lawrence VanEtten
         ---------------------
         Lawrence VanEtten                   NETWORTH STOCKHOLDERS

                                             /s/ L. Joshua Eikov
                                             -----------------------------------
                                             Joshua Eikov.
                                             As the duly appointed and serving
                                             agent for all of the securities
                                             holders of NetWorth Systems, Inc.
Dated:   August 20, 2004

<PAGE>

                                  NETWORTH, LLC
                      FOOTNOTES TO THE FINANCIAL STATEMENTS
                      FOR THE YEAR ENDED DECEMBER 31, 2003

                                THE ESCROW AGENT

         Executing this Agreement solely with reference to the provisions
specifically pertaining to the performance of his duties as Escrow Agent:

         /s/ April J. Green
         ---------------------
         April J. Green

         /s/ Lawrence VanEtten
         ---------------------
         Lawrence VanEtten                          By: /s/Jeffrey Klein
                                                        -------------------
                                                        Jeffrey Klein, Esq.
Dated:   August 20, 2004<PAGE>

                                                                    Exhibit 10.1

                          SAVIENT PHARMACEUTICALS, INC.

                              EMPLOYMENT AGREEMENT
                                       FOR
                               LAWRENCE A. GYENES
          SENIOR VICE PRESIDENT, CHIEF FINANCIAL OFFICER AND TREASURER

<PAGE>

CONTENTS

--------------------------------------------------------------------------------

Article 1. Term of Employment                                                  1

Article 2. Definitions                                                         1

Article 3. Position and Responsibilities                                       4

Article 4. Standard of Care                                                    4

Article 5. Compensation                                                        5

Article 6. Expenses                                                            6

Article 7. Employment Terminations                                             6

Article 8. Change in Control                                                  12

Article 9. Assignment                                                         14

Article 10. Legal Fees and Notice                                             15

Article 11. Confidentiality and Noncompetition                                15

Article 12. Outplacement Assistance                                           16

Article 13. Miscellaneous                                                     16

Article 14. Governing Law                                                     17

August, 2004
<PAGE>

                              EMPLOYMENT AGREEMENT

         This Agreement is made, entered into, and is effective as of the
Effective Date, by and between the Company and the Executive.

                          ARTICLE 1. TERM OF EMPLOYMENT

1.1      The Company hereby agrees to employ the Executive and the Executive
         hereby agrees to serve the Company in accordance with the terms and
         conditions set forth herein, for a period of three (3) years,
         commencing as of the Effective Date.

1.2      Commencing on the third (3rd) anniversary of the Effective Date, and
         each anniversary thereafter, the term of this Agreement shall
         automatically be extended for one (1) additional year, unless at least
         ninety (90) days prior to such anniversary, the Company or the
         Executive shall have given notice in accordance with Section 10.2
         hereof that it or he does not wish to extend the term of the Agreement.

                             ARTICLE 2. DEFINITIONS

2.1      "AGREEMENT" means this Employment Agreement.

2.2      "ANNUAL BONUS" means the annual bonus to be paid to the Executive in
         accordance with the Company's annual bonus program as described in
         Section 5.3 herein.

2.3      "BASE SALARY" means the salary of record paid to the Executive as
         annual salary, pursuant to Section 5.2, excluding amounts received
         under incentive or other bonus plans, whether or not deferred.

2.4      "BENEFICIAL OWNER" shall have the meaning ascribed to such term in Rule
         13d-3 of the General Rules and Regulations under the Securities
         Exchange Act.

2.5      "BENEFICIARY" means the persons or entities designated or deemed
         designated by the Executive pursuant to Section 13.6 herein.

2.6      "BOARD" or "BOARD OF DIRECTORS" means the Board of Directors of the
         Company.

2.7      "CAUSE" means:

         (a)  Executive materially breached any of the terms of this Agreement
              and failed to correct. such breach within fifteen (15) days after
              written notice thereof from the Company;

         (b)  Executive has been convicted of a criminal offense involving a
              felony giving rise to a sentence of imprisonment;

         (c)  Executive has breached a fiduciary trust for the purpose of
              gaining a personal profit, including, without limitation,
              embezzlement; or

                                       1
<PAGE>

         (d)  Despite adequate warnings, Executive intentionally and willfully
              failed to perform reasonably assigned duties within the normal and
              customary scope of the Position.

2.8      "CHANGE IN CONTROL" OR "CIC" of the Company shall be deemed to have
         occurred as of the first day that any one or more of the following
         conditions is satisfied:

         (a)   Any consolidation or merger in which the Company is not the
               continuing or surviving entity or pursuant to which shares of the
               Common Stock would be converted into cash, securities, or other
               property, other than (i) a merger of the Company in which the
               holders of the Common Stock immediately prior to the merger have
               the same proportionate ownership of common stock of the surviving
               corporation immediately after the merger, or (ii) a consolidation
               or merger which would result in the voting securities of the
               Company outstanding immediately prior thereto continuing to
               represent (by being converted into voting securities of the
               continuing or surviving entity) more than 50% of the combined
               voting power of the voting securities of the continuing or
               surviving entity immediately after such consolidation or merger
               and which would result in the members of the Board immediately
               prior to such consolidation or merger (including for this purpose
               any individuals whose election or nomination for election was
               approved by a vote of at least two-thirds of such members)
               constituting a majority of the Board (or equivalent governing
               body) of the continuing or surviving entity immediately after
               such consolidation or merger;

          (b)  Any sale, lease, exchange, or other transfer (in one transaction
               or a series of related transactions) of all or substantially all
               the Company's assets;

          (c)  The Company's stockholders approve any plan or proposal for the
               liquidation or dissolution of the Company;

          (d)  Any Person shall become the Beneficial Owner of forty (40)
               percent or more of the Common Stock other than pursuant to a
               plan or arrangement entered into by such Person and the
               Company; or

          (e)  During any period of two consecutive years, individuals who at
               the beginning of such period constitute the entire Board of
               Directors shall cease for any reason to constitute a majority of
               the Board unless the election or nomination for election by the
               Company's stockholders of each new director was approved by a
               vote of at lest two-thirds of the directors then still in office
               who were directors at the beginning of the period.

2.9      "CIC SEVERANCE BENEFITS" means the payment of severance compensation
         associated with a Qualifying Termination occurring subsequent to a
         Change in Control, as described in Section 8.3.

2.10     "CODE" means the United States Internal Revenue Code of 1986,
         as amended.

2.11     "COMMON STOCK" means the common stock of the Company, $.01 par value.

2.12     "COMPENSATION COMMITTEE" means the Compensation and Stock Option
         Committee of the Board, or any other committee appointed by the Board
         to perform the functions of such committee.

2.13     "COMPANY" means Savient Pharmaceuticals, Inc., a Delaware corporation,
         or any Successor Company thereto as provided in Section 9.1 herein.

                                       2
<PAGE>

2.14     "DIRECTOR" means any individual who is a member of the Board of
         Directors of the Company.

2.15     "DISABILITY" or "DISABLED" means for all purposes of this Agreement,
         the meaning ascribed to such term in the Company's long-term disability
         plan, or in any successor to such plan.

2.16     "EFFECTIVE DATE" means AUGUST 23, 2004.

2.17     "EFFECTIVE DATE OF TERMINATION" means the date on which a termination
         of the Executive's employment occurs.

2.18     "EMPLOYMENT DATE" means AUGUST 23, 2004.

2.19     "EXECUTIVE" means Lawrence A. Gyenes who, as of the Effective Date,
         resides at 16 Benedict Crescent, Basking Ridge, NJ, 07920.

2.20     "GOOD REASON" shall mean, without the Executive's express written
         consent, the occurrence of any one or more of the following:

         (a) Reducing the Executive's Base Salary;

         (b) A material diminution of the scope or authority of Executive's
             position, duties or responsibilities as in effect for the
             preceding six (6) months;

         (c) Failing to maintain Executive's amount of benefits under or
             relative level of participation in the Company's employee benefit
             or retirement plans, policies, practices, or arrangements in which
             the Executive participates as of the Effective Date of this
             Agreement, including any perquisite program; provided, however,
             that any such change that applies consistently to all executive
             officers of the Company or is required by applicable law shall not
             be deemed to constitute Good Reason;

         (d) Failing to require any Successor Company to assume and agree to
             perform the Company's obligations hereunder;

         (e) The occurrence of any one or more of the following events on or
             after the announcement of the transaction which leads to the CIC
             and up to twenty-four (24) calendar months following the effective
             date of a CIC:

                 (1) Requiring Executive to be based at a location that requires
                     the Executive to travel at least an additional thirty-five
                     (35) miles per day;

                 (2) Requiring Executive to report to a position which is at a
                     lower level than the highest level to which Executive
                     reported within the six (6) months prior to the CIC;

                 (3) Demoting Executive to a level lower than Executive's level
                     in the Company as of the Effective Date; or

                 (4) A material diminution of the scope or authority of
                     Executive's position, duties or responsibilities as in
                     effect immediately prior to the effective date of a CIC.

                                       3
<PAGE>

2.21     "NOTICE OF TERMINATION" means a written notice which shall indicate the
         specific termination provision in this Agreement relied upon, and shall
         set forth in reasonable detail the facts and circumstances claimed to
         provide a basis for termination of the Executive's employment under the
         provisions so indicated, and, where applicable, shall specifically
         include notice pursuant to Section 1.2 that Company has elected not to
         renew this Agreement.

2.22     "PERSON" shall have the meaning ascribed to such term in Section
         3(a)(9) of the Securities Exchange Act and used in Sections 13(d) and
         14(d) thereof, including a "group" as defined in Section 13(d) thereof.

2.23     "POSITION" shall have the meeting ascribed to it in Section3.1.

2.24     "QUALIFYING TERMINATION" means any of the events described in Section
         8.2 herein, the occurrence of which triggers the payment of CIC
         Severance Benefits hereunder.

2.25     "SECURITIES EXCHANGE ACT" means the United States Securities Exchange
         Act of 1934, as amended.

2.26     "SERVICE MULTIPLE" shall have the meaning ascribed to it in Section
         7.4(c).

2.27     "SEVERANCE BENEFITS" means the payment of severance compensation as
         provided in Sections 7.4 and 7.6 herein, and not payable due to a
         Change in Control of the Company.

2.28     "SUCCESSOR COMPANY" shall have the meaning ascribed to it in
         Section 9.1.

2.29     "TERM" shall mean that period of time commencing on the Effective Date
         and ending on the Effective Date of Termination.

                    ARTICLE 3. POSITION AND RESPONSIBILITIES

3.1      During the term of this Agreement, the Executive agrees to serve as
         Senior Vice President, Chief Financial Officer and Treasurer of the
         Company or in such other position which Executive shall agree to accept
         or to which Executive shall be promoted during the Term and Executive
         shall report directly to the Chief Executive Officer or such other
         position which is at a higher position or level in the Company than
         Executive and as shall be determined by the Chief Executive Officer in
         his sole discretion, and shall maintain the level of duties and
         responsibilities as in effect as of the Effective Date, or such higher
         level of duties and responsibilities as Executive may be assigned
         during the Term (the "Position").

                           ARTICLE 4. STANDARD OF CARE

4.1      During the term of this Agreement, the Executive agrees to devote
         substantially his full time, attention, and energies to the Company's
         business and shall not be engaged in any other business activity,
         whether or not such business activity is pursued for gain, profit, or
         other pecuniary advantage unless such business activity is approved by
         the Compensation Committee (or, in the event the Compensation Committee
         ceases to exist, the Board). However, subject to Article 11 herein and
         approval by the Compensation Committee (or the Board, as the case may
         be), the Executive may serve as a director of other companies so long
         as such service is not injurious to the Company.

                                       4
<PAGE>

                             ARTICLE 5. COMPENSATION

5.1      As remuneration for all services to be rendered by the Executive during
         the term of this Agreement, and as consideration for complying with the
         covenants herein, the Company shall pay and provide to the Executive
         those items set forth in Sections 5.2 through 5.8.

5.2      BASE SALARY. The Company shall pay the Executive a Base Salary in an
         amount which shall be established from time to time by the Board of
         Directors of the Company or the Board's designee; provided, however,
         that such Base Salary shall not be less than THREE HUNDRED TWENTY
         THOUSAND (US$320,000) per year.

         (a)  This Base Salary shall be paid to the Executive in equal
              installments throughout the year, consistent with the normal
              payroll practices of the Company.

         (b)  The Base Salary shall be reviewed at least annually following the
              Effective Date of this Agreement, while this Agreement is in
              force, to ascertain whether, in the judgment of the Board or the
              Board's designee, such Base Salary should be increased based
              primarily on the performance of the Executive during the year. If
              so increased, the Base Salary as stated above shall, likewise, be
              increased for all purposes of this Agreement and shall not, in any
              event, be decreased in any year.

5.3      ANNUAL BONUS. In addition to his Base Salary, the Executive shall be
         entitled to participate in the Company's annual short-term incentive
         program, as such program may exist from time to time, at a level
         commensurate with the Position. The percentage of Base Salary targeted
         as annual short-term incentive compensation shall be established for
         the Position by the Company's Compensation Committee in its sole
         discretion (the "targeted Annual Bonus award"). Executive acknowledges
         that the amount of annual short-term incentive, if any, to be awarded
         shall be at the sole discretion of the Company's Compensation
         Committee, may be less or more than the targeted Annual bonus award,
         and will be based on a number of factors set in advance by the
         Compensation Committee for each calendar year, including the Company's
         performance and the Executive's individual performance. Nothing in this
         Section 5.3 shall be construed as obligating the Company or the Board
         to refrain from changing, and/or amending the short-term incentive
         program, so long as such changes are equally applicable to all
         executive employees in the Company.

5.4      LONG-TERM INCENTIVES. The Executive shall be eligible to participate in
         the Company's long-term incentive plan, as such shall be amended or
         superseded from time to time provided, however, that nothing in this
         Section 5.4 shall be construed as obligating the Company or the Board
         to refrain from changing, and/or amending the long-term incentive plan,
         so long as such changes are equally applicable to all executive
         employees in the Company.

5.5      RETIREMENT BENEFITS. The Company shall provide to the Executive
         participation in any Company qualified defined benefit and defined
         contribution retirement plans as may be established during the term of
         this Agreement; provided, however, that nothing in this Section 5.5
         shall be construed as obligating the Company to refrain from changing,
         and/or amending the nonqualified retirement programs, so long as such
         changes are equally applicable to all executive employees in the
         Company.

                                       5
<PAGE>

5.6      EMPLOYEE BENEFITS. During the Term, and as otherwise provided within
         the provisions of each of the respective plans, the Company shall
         provide to the Executive all benefits to which other executives and
         employees of the Company are entitled to receive, as commensurate with
         the Position, subject to the eligibility requirements and other
         provisions of such arrangements as applicable to executives of the
         Company generally.

         (a)  Such benefits shall include, but shall not be limited to, group
              term life insurance, health, dental and life insurance, and
              short-term and long-term disability.

         (b)  The Executive shall likewise participate in any additional benefit
              as may be established during the term of this Agreement, by
              standard written policy of the Company.

5.7      VACATION. The Executive shall be entitled to such paid vacation as is
         customary for the Position in corporate institutions of similar size
         and character, but in any event not less than twenty (20) paid vacation
         days during each calendar year; provided, however, that without prior
         written approval, Executive may carry forward into the next year no
         more than ten (10) unused vacation days from the current year.

5.8      RIGHT TO CHANGE PLANS. The Company shall not be obligated to institute,
         maintain, or refrain from changing, amending, or discontinuing any
         benefit plan, program, or perquisite, so long as such changes are
         equally applicable to all executive employees in the Company.

                               ARTICLE 6. EXPENSES

6.1      Upon presentation of appropriate documentation, the Company shall pay,
         or reimburse the Executive for all ordinary and necessary expenses, in
         a reasonable amount, which the Executive incurs in performing his
         duties under this Agreement including, but not limited to, travel,
         entertainment, professional licensing fees, dues and subscriptions, and
         all dues, fees, and expenses associated with membership in various
         professional, business, and civic associations and societies.

                       ARTICLE 7. EMPLOYMENT TERMINATIONS

7.1      TERMINATION DUE TO DEATH. In the event the Executive's employment is
         terminated while this Agreement is in force by reason of death, the
         Company's obligations under this Agreement shall immediately expire.
         Notwithstanding the foregoing, the Company shall be obligated to pay to
         the Executive the following:

         (a)  Base Salary through the Effective Date of Termination;

         (b)  An amount equal to the Executive's unpaid targeted Annual Bonus
              award, established for the fiscal year in which such termination
              is effective, multiplied by a fraction, the numerator of which is
              the number of completed days in the then-existing fiscal year
              through the Effective Date of Termination, and the denominator of
              which is three hundred sixty-five (365);

         (c)  All outstanding long-term incentive awards shall be subject to the
              treatment provided under the applicable long-term incentive plan
              of the Company;

                                       6
<PAGE>

         (d)  Accrued but unused vacation pay through the Effective Date of
              Termination; and

         (e)  All other rights and benefits the Executive is vested in, pursuant
              to other plans and programs of the Company.

         (f)  The benefits described in Sections 7.1(a) and (d) shall be paid in
              cash to the Executive in a single lump sum as soon as practicable
              following the Effective Date of Termination, but in no event
              beyond thirty (30) days from such date. All other payments due to
              the Executive upon termination of employment, including those in
              Sections 7.1(b) and (c), shall be paid in accordance with the
              terms of such applicable plans or programs.

         (g)  With the exception of the covenants contained in Articles 9 and 14
              and Sections 7.1(f), 13.3, 13.5, and 13.7 herein (which shall
              survive such termination), the Company and the Executive
              thereafter shall have no further obligations under this Agreement.

7.2       TERMINATION DUE TO DISABILITY. In the event that the Executive becomes
          Disabled during the term of this Agreement and is, therefore, unable
          to perform his duties herein for more than one hundred eighty (180)
          total calendar days during any period of twelve (12) consecutive
          months, or in the event of the Board's reasonable expectation that the
          Executive's Disability will exist for more than a period of one
          hundred eighty (180) calendar days, the Company shall have the right
          to terminate the Executive's active employment as provided in this
          Agreement.

         (a)  The Board shall deliver written notice to the Executive of the
              Company's intent to terminate for Disability at least thirty (30)
              calendar days prior to the Effective Date of Termination.

         (b)  Such Disability to be determined by the Board of Directors of the
              Company upon receipt of and in reliance on competent medical
              advice from one (1) or more individuals, selected by the Board,
              who are qualified to give such professional medical advice.

         (c)  A termination for Disability shall become effective upon the end
              of the thirty (30) day notice period unless prior to the
              expiration of such thirty (30) day notice period Executive returns
              to work with medical documentation of his fitness to resume his
              duties determined to be acceptable by the Board of Directors in
              their sole discretion. Upon the Effective Date of Termination, the
              Company's obligations under this Agreement shall immediately
              expire.

         (d)  Notwithstanding the foregoing, the Company shall be obligated to
              pay to the Executive the following:

              (1)  Base Salary through the Effective Date of Termination;

              (2)  An amount equal to the Executive's unpaid targeted Annual
                   Bonus award, established for the fiscal year in which the
                   Effective Date of Termination occurs, multiplied by a
                   fraction, the numerator of which is the number of completed
                   days in the then-existing fiscal year through the Effective
                   Date of Termination, and the denominator of which is three
                   hundred sixty-five (365);

              (3)  All outstanding long-term incentive awards shall be subject
                   to the treatment provided under the applicable long-term
                   incentive plan of the Company;

              (4)  Accrued but unused vacation pay through the Effective Date of
                   Termination; and

                                       7
<PAGE>

              (5)  All other rights and benefits the Executive is vested in,
                   pursuant to other plans and programs of the Company.

         (e)  The benefits described in Sections 7.2(d)(1) and (d)(4) shall be
              paid in cash to the Executive in a single lump sum as soon as
              practicable following the Effective Date of Termination, but in no
              event beyond thirty (30) days from such date. All other payments
              due to the Executive upon termination of employment, including
              those in Sections 7.2(d)(2) and (d)(3), shall be paid in
              accordance with the terms of such applicable plans or program.

         (f)  With the exception of the covenants contained in Articles 8, 9,
              11, and 14 and Sections 7.2(e), 13.3, 13.5, and 13.7 herein (which
              shall survive such termination), the Company and the Executive
              thereafter shall have no further obligations under this Agreement.

7.3      VOLUNTARY TERMINATION BY THE EXECUTIVE. The Executive may terminate
         this Agreement at any time by giving Notice of Termination to the Board
         of Directors of the Company, delivered at least fourteen (14) calendar
         days prior to the Effective Date of Termination.

         (a)  The termination automatically shall become effective upon the
              expiration of the fourteen (14) day notice period. Notwithstanding
              the foregoing, the Company may waive the fourteen (14) day notice
              period; however, the Executive shall be entitled to receive all
              elements of compensation described in Sections 5.1 through 5.6 for
              the fourteen (14) day notice period, subject to the eligibility
              and participation requirements of any qualified retirement plan.

         (b)  Upon the Effective Date of Termination, following the expiration
              of the fourteen (14) day notice period, the Company shall pay the
              Executive his full Base Salary and accrued but unused vacation
              pay, at the rate then in effect, through the Effective Date of
              Termination, plus all other benefits to which the Executive has a
              vested right at that time (for this purpose, the Executive shall
              not be paid any Annual Bonus with respect to the fiscal year in
              which voluntary termination under this Section occurs).

         (c)  With the exception of the covenants contained in Articles 8, 9,
              11, and 14 and Sections 13.3, 13.5, and 13.7 herein (which shall
              survive such termination), the Company and the Executive
              thereafter shall have no further obligations under this Agreement.

7.4      INVOLUNTARY TERMINATION BY THE COMPANY WITHOUT CAUSE. At all times
         during the Term, the Board may terminate the Executive's employment for
         reasons other than death, Disability, or for Cause, by providing to the
         Executive a Notice of Termination, at least sixty (60) calendar days
         (ninety (90) calendar days when termination is due to non-renewal of
         this Agreement by the Company pursuant to Section 1.2) prior to the
         Effective Date of Termination; provided, however, that such notice
         shall not preclude the Company from requiring Executive to leave the
         Company immediately upon receipt of such notice.

         (a)  Such Notice of Termination shall be irrevocable absent express,
              mutual consent of the parties.

         (b)  Upon the Effective Date of Termination (not a Qualifying
              Termination), following the expiration of the sixty (60) day
              notice period (90 days in the case of non-renewal), the Company
              shall pay and provide to the Executive:

              (1)  An amount equal to the Service Multiple times the Executive's
                   annual Base Salary established for the fiscal year in which
                   the Effective Date of Termination occurs;

                                       8
<PAGE>

              (2)  An amount equal to the Service Multiple times the Executive's
                   targeted Annual Bonus award established for the fiscal year
                   in which the Effective Date of Termination occurs; provided,
                   however, that no payment shall be made under this Section
                   7.4(b)(2) if the Effective Date of Termination is less than
                   twelve (12) months after the Employment Date;

              (3)  A continuation of the welfare benefits of medical, dental and
                   life insurance coverage (or if continuation under the
                   Company's then current plans is not allowed, then provision
                   at the Company's expense but subject to payment by Executive
                   of those payments which Executive would have been obligated
                   to make under the Company's then current plan, of
                   substantially similar welfare benefits from one or more third
                   party providers) after the Effective Date of Termination for
                   a number of months equal to the Service Multiple times twelve
                   (12). These benefits shall be provided to the Executive at
                   the same coverage level as in effect as of the Effective Date
                   of Termination, and at the same premium cost to the Executive
                   which was paid by the Executive at the time such benefits
                   were provided. However, in the event the premium cost and/or
                   level of coverage shall change for all employees of the
                   Company, or for management employees with respect to
                   supplemental benefits, the cost and/or coverage level,
                   likewise, shall change for the Executive in a corresponding
                   manner. The continuation of these welfare benefits shall be
                   discontinued if prior to the expiration of the period, the
                   Executive has available substantially similar benefits at a
                   comparable cost to the Executive from a subsequent employer,
                   as determined by the Compensation Committee (or, in the event
                   the Compensation Committee ceases to exist, the Board);

              (4)  All outstanding long-term incentive awards shall be subject
                   to the treatment provided under the applicable long-term
                   incentive plan of the Company;

              (5)  An amount equal to the Executive's unpaid Base Salary and
                   accrued but unused vacation pay through the Effective Date of
                   Termination; and

              (6)  All other benefits to which the Executive has a vested right
                   at the time, according to the provisions of the governing
                   plan or program.

         (c)  For purposes of this Section 7.4, the term "Service Multiple"
              shall be equal to the quotient resulting from a formula the
              numerator of which is the lesser of (a) full number of completed
              months that have elapsed since the Employment Date (but not less
              than 6 months) and (b) eighteen (18) and the denominator of which
              is twelve (12);

         (d)  In the event that the Board terminates the Executive's employment
              without Cause on or after the date of the announcement of the
              transaction which leads to a CIC, the Executive shall be entitled
              to the CIC Severance Benefits as provided in Section 8.3 in lieu
              of the Severance Benefits outlined in this Section 7.4.

         (e)  Payment of all of the benefits described in Section 7.4(b)(1)
              shall be paid in cash to the Executive in equal bi-weekly
              installments over a period of consecutive months equal to the
              Service Multiple times twelve (12) and beginning on the fifteenth
              day of the month following the month in which the Effective Date
              of Termination occurs.

         (f)  Payment of all but forty thousand dollars ($40,000) of the
              benefits described in Section 7.4(b)(2) shall be paid in cash to
              the Executive in a single lump sum as soon as practicable
              following the Effective Date of Termination, but in no event
              beyond thirty (30) days from such date. The forty thousand dollars
              ($40,000) which was withheld shall be paid in cash to the
              Executive in a single lump sum at the end of the twelve (12) month
              restrictive period set forth in Sections 11.2 and 11.3 of this
              Agreement.

                                       9
<PAGE>

         (g)  Except as specifically provided in Section 7.4(e) and (f), all
              other payments due to the Executive upon termination of employment
              shall be paid in accordance with the terms of such applicable
              plans or programs.

         (h)  With the exception of the covenants contained in Articles 8, 9,
              10, 11, 12 and 14 and Sections 7.4, 13.3, 13.5, and 13.7 (which
              shall survive such termination), the Company and the Executive
              thereafter shall have no further obligations under this Agreement.

         (i)  Notwithstanding anything herein to the contrary, the Company's
              payment obligations under this Section 7.4 shall be offset by any
              amounts that the Company is required to pay to the Executive under
              a national statutory severance program applicable to such
              Executive.

7.5      TERMINATION FOR CAUSE. Nothing in this Agreement shall be construed to
         prevent the Board from terminating the Executive's employment under
         this Agreement for Cause.

         (a)  To be effective, the Notice of Termination must set forth in
              reasonable detail the facts and circumstances claimed to provide a
              basis for such termination for Cause.

         (b)  In the event this Agreement is terminated by the Board for Cause,
              the Company shall pay the Executive his Base Salary and accrued
              vacation pay through the Effective Date of Termination, and the
              Executive shall immediately thereafter forfeit all rights and
              benefits (other than vested benefits) he would otherwise have been
              entitled to receive under this Agreement. The Company and the
              Executive thereafter shall have no further obligations under this
              Agreement with the exception of the covenants contained in
              Articles 9, 10, 11, and 14 and Sections 13.3, 13.5, and 13.9
              herein (which shall survive such termination).

7.6       TERMINATION FOR GOOD REASON. Except where Section 2.20(e) is
          applicable, this Section 7.6 shall only become effective when at least
          twelve (12) months have elapsed since the Employment Date. Prior to
          this Section 7.6 becoming effective, any notice of termination by
          Executive may only be given pursuant to Section 7.3. The Executive
          shall have sixty (60) days from the date he learns of action taken by
          the Company that allows the Executive to terminate his employment for
          Good Reason to provide the Board with a Notice of Termination.

         (a)  The Notice of Termination must set forth in reasonable detail the
              facts and circumstances claimed to provide a basis for such Good
              Reason termination.

         (b)  The Company shall have thirty (30) days to cure such Company
              action following receipt of the Notice of Termination.

         (c)  The Executive is required to continue his employment for the sixty
              (60) day period following the date in which he provided the Notice
              of Termination to the Board. The Company may waive the sixty (60)
              day notice period; however, the Executive shall be entitled to
              receive all elements of compensation described in Sections 5.1
              through 5.6 for the sixty (60) day notice period, subject to the
              eligibility and participation requirements of any qualified
              retirement plan.

         (d)  Upon a termination of the Executive's employment for Good Reason
              during the Term, and following the expiration of the sixty (60)
              day notice period, the Company shall pay and provide to the
              Executive the following:

              (1)  An amount equal to one-and-one-half (1.5) times the
                   Executive's annual Base Salary established for the fiscal
                   year in which the Effective Date of Termination occurs;

              (2)  An amount equal to one-and-one-half (1.5) times the
                   Executive's targeted Annual Bonus award established for the
                   fiscal year in which the Effective Date of Termination
                   occurs;

              (3)  A continuation of the welfare benefits of medical, dental and
                   life insurance coverage for one-and-one-half (1.5) years
                   after the Effective Date of Termination (or if continuation
                   under the Company's then current plans is not allowed, then
                   provision at the Company's expense but subject to payment by
                   Executive of those payments which Executive would have been
                   obligated to make under the Company's then current plan, of
                   substantially similar welfare benefits from one or more third
                   party providers). These benefits shall be provided to the
                   Executive at the same coverage level, as in effect as of the
                   Effective Date of Termination and at the same premium cost to
                   the Executive which was paid by the Executive at the time
                   such benefits were provided. However, in the event the
                   premium cost and/or level of coverage shall change for all
                   employees of the Company, or for management employees with
                   respect to supplemental benefits, the cost and/or coverage
                   level, likewise, shall change for the Executive in a
                   corresponding manner. The continuation of these welfare
                   benefits shall be discontinued prior to the end of the
                   one-and-one-half (1.5) year period in the event the Executive
                   has available substantially similar benefits at a comparable
                   cost to the Executive from a subsequent employer, as
                   determined by the Compensation Committee (or, in the event
                   the Compensation Committee ceases to exist, the Board);

              (4)  All outstanding long-term incentive awards shall be subject
                   to the treatment provided under the applicable long-term
                   incentive plan of the Company;

              (5)  An amount equal to the Executive's unpaid Base Salary and
                   accrued but unused vacation pay through the Effective Date of
                   Termination; and

              (6)  All other benefits to which the Executive has a vested right
                   at the time, according to the provisions of the governing
                   plan or program.

         (e)  In the event of termination of Executive's employment for Good
              Reason on or after the date of the announcement of the transaction
              which leads to the CIC and up to twenty-four (24) months following
              the date of the CIC, the Executive shall be entitled to the CIC
              Severance Benefits as provided in Section 8.3 in lieu of the
              Severance Benefits outlined in this Section 7.6.

         (f)  The Executive's right to terminate employment for Good Reason
              shall not be affected by the Executive's incapacity due to
              physical or mental illness unless such incapacity is determined to
              constitute a Disability as provided herein.

                                       11
<PAGE>

         (g)  Payment of all but forty thousand dollars ($40,000) of the
              benefits described in Section 7.6(d)(1) and payment of all of the
              benefits described in Section 7.6(d)(2) shall be paid in cash to
              the Executive in a single lump sum as soon as practicable
              following the Effective Date of Termination, but in no event
              beyond thirty (30) days from such date. The forty thousand dollars
              ($40,000) which was withheld shall be paid in cash to the
              Executive in a single lump sum at the end of the twelve (12) month
              restrictive period set forth in Sections 11.2 and 11.3 of this
              Agreement.

         (h)  Except as specifically provided in Section 7.6(g), all other
              payments due to the Executive upon termination of employment shall
              be paid in accordance with the terms of such applicable plans or
              programs.

         (i)  Notwithstanding anything herein to the contrary, the Company's
              payment obligations under this Section 7.6 shall be offset by any
              amounts that the Company is required to pay to the Executive under
              a national statutory severance program applicable to such
              Executive.

         (j)  With the exceptions of the covenants contained in Articles 8, 9,
              10, 11, 12 and 14 and Sections 7.6, 13.3, 13.5, and 13.7 (which
              shall survive such termination) herein, the Company and the
              Executive thereafter shall have no further obligations under this
              Agreement.

                          ARTICLE 8. CHANGE IN CONTROL

8.1      EMPLOYMENT TERMINATION FOLLOWING A CHANGE IN CONTROL. The Executive
         shall be entitled to receive from the Company CIC Severance Benefits if
         a Notice of Termination for a Qualifying Termination of the Executive
         has been delivered; provided, that:

         (a)  The Executive shall not be entitled to receive CIC Severance
              Benefits if he is terminated for Cause (as provided in Section 7.5
              herein), or if his employment with the Company ends due to death,
              or Disability, or due to voluntary termination of employment by
              the Executive without Good Reason.

         (b)  CIC Severance Benefits shall be paid in lieu of all other benefits
              provided to the Executive under the terms of this Agreement.

8.2       QUALIFYING TERMINATION. The occurrence of any one or more of the
          following events on or after the date of the announcement of the
          transaction which leads to the CIC and up to twenty-four (24) months
          following the date of the CIC shall trigger the payment of CIC
          Severance Benefits to the Executive under this Agreement:

         (a)  An involuntary termination of the Executive's employment by the
              Company for reasons other than Cause, death, or Disability, as
              evidenced by a Notice of Termination delivered by the Company to
              the Executive;

         (b)  A voluntary termination by the Executive for Good Reason as
              evidenced by a Notice of Termination delivered to the Company by
              the Executive;

         (c)  Failure to renew this Agreement (if the Agreement would expire
              unless renewed within such period), as evidenced by a Notice of
              Termination delivered by the Company to the Executive; or

         (d)  The Company or any Successor Company materially breaches any
              material provision of this Agreement and does not cure such breach
              within thirty (30) days of receiving a written notice from the
              Executive with such notice explaining in reasonable detail the
              facts and circumstances claimed to provide a basis for the
              Executive's claim.

                                       12
<PAGE>

8.3      SEVERANCE BENEFITS PAID UPON A QUALIFYING TERMINATION. In the event the
         Executive becomes entitled to receive CIC Severance Benefits, the
         Company shall pay to the Executive and provide him the following:

         (a)  An amount equal to two (2) times the Executive's annual Base
              Salary established for the fiscal year in which the Effective Date
              of Termination occurs;

         (b)  An amount equal to two (2) times the Executive's targeted Annual
              Bonus award established for the fiscal year in which the
              Executive's Effective Date of Termination occurs;

         (c)  An amount equal to the Executive's unpaid Base Salary and accrued
              but unused vacation pay through the Effective Date of Termination;

         (d)  All outstanding long-term incentive awards shall be subject to the
              treatment provided under the applicable long-term incentive plan
              of the Company;

         (e)  A continuation of the welfare benefits of medical, dental and life
              insurance coverage for two (2) full years after the Effective Date
              of Termination (or if continuation under the Company's then
              current plans is not allowed, then provision at the Company's
              expense but subject to payment by Executive of those payments
              which Executive would have been obligated to make under the
              Company's then current plan, of substantially similar welfare
              benefits from one or more third party providers).

              (1)  These benefits shall be provided to the Executive at the same
                   coverage level, as in effect as of the Effective Date of
                   Termination or, if greater, as in effect sixty (60) days
                   prior to the date of the Change in Control, and at the same
                   premium cost to the Executive which was paid by the Executive
                   at the time such benefits were provided.

              (2)  In the event the premium cost and/or level of coverage shall
                   change for all employees of the Company, or for management
                   employees with respect to supplemental benefits, the cost
                   and/or coverage level, likewise, shall change for the
                   Executive in a corresponding manner.

              (3)  The continuation of these welfare benefits shall be
                   discontinued prior to the end of the two year period in the
                   event the Executive has available substantially similar
                   benefits at a comparable cost to the Executive from a
                   subsequent employer, as determined by the Compensation
                   Committee (or, in the event the Compensation Committee ceases
                   to exist, the Board).

8.4      FORM AND TIMING OF SEVERANCE BENEFIT. Payment of all of the benefits
         described in Sections 8.3(a) through (c) shall be paid in cash to the
         Executive in a single lump sum as soon as practicable following the
         Effective Date of Termination, but in no event beyond thirty (30) days
         from such date. All other payments due to the Executive upon
         termination of employment shall be paid in accordance with the terms of
         such applicable plans or programs.

                                       13
<PAGE>

8.5      EXCISE TAX. In the event that a Change in Control occurs, and a
         determination is made by the Company pursuant to Section 280G and 4999
         of the Code that a golden parachute excise tax is due, the benefits
         provided to the Executive under this Agreement that are classified as
         "parachute payments" (as such term is defined in Section 280G of the
         Code), shall be limited to the amount just necessary to avoid the
         excise tax.

         (a)  This limitation shall be applied if, and only if, such a
              limitation results in a greater net (of excise tax) cash benefit
              to the Executive than he would receive had the benefits not been
              capped and an excise tax been levied.

8.6      With the exceptions of the covenants contained in Articles 8, 9, 10,
         11, 12 and 14 and Sections 13.3, 13.5, and 13.7 (which shall survive
         such termination) herein, the Company and the Executive thereafter
         shall have no further obligations under this Agreement.

                              ARTICLE 9. ASSIGNMENT

9.1      ASSIGNMENT BY COMPANY. This Agreement may and shall be assigned or
         transferred to, and shall be binding upon and shall inure to the
         benefit of any Successor Company, with Successor Company for purposes
         of this Agreement being defined as a company that (i) acquires greater
         than fifty percent (50%) of the assets of the Company or (ii) acquires
         greater than fifty percent (50%) of the outstanding stock of the
         Company, or (iii) is the surviving entity in the event of a CIC.

         (a)  Any such Successor Company shall be deemed substituted for all
              purposes of the "Company" under the terms of this Agreement.

         (b)  Failure of the Company to obtain the agreement of any Successor
              Company to be bound by the terms of this Agreement prior to the
              effectiveness of any such succession shall be a breach of this
              Agreement, and shall immediately entitle the Executive to benefits
              from the Company in the same amount and on the same terms as the
              Executive would be entitled to receive in the event of a
              termination of employment for Good Reason as provided in Section
              7.7 (failure not related to a Change in Control) or Section 8.3
              (if the failure of assignment follows or is in connection with a
              Change in Control).

         (c)  Except as herein provided, this Agreement may not otherwise be
              assigned by the Company.

9.2      ASSIGNMENT BY EXECUTIVE. This Agreement shall inure to the benefit of
         and be enforceable by the Executive's personal or legal
         representatives, executors, administrators, successors, heirs,
         distributees, devisees, and legatees.

         (a)  If the Executive dies while any amount would still be payable to
              him pursuant to this Agreement had he continued to live, all such
              amounts, unless otherwise provided herein, shall be paid in
              accordance with the terms of this Agreement, to the Executive's
              Beneficiary.

         (b)  If the Executive has not named a Beneficiary, then such amounts
              shall be paid to the Executive's devisee, legatee, or other
              designee, or if there is no such designee, to the Executive's
              estate.

                                       14
<PAGE>

                        ARTICLE 10. LEGAL FEES AND NOTICE

10.1     PAYMENT OF LEGAL FEES. To the extent permitted by law, the Company
         shall pay all legal fees, costs of litigation, prejudgment interest,
         and other expenses incurred by Executive in contesting a termination,
         if Executive prevails.

10.2     NOTICE. Any notices, requests, demands, or other communications
         provided by this Agreement shall be sufficient if in writing and if
         sent by registered or certified mail to the Executive at the last
         address he has filed in writing with the Company or, in the case of the
         Company, at its principal offices to the attention of the Chief
         Executive Officer.

                 ARTICLE 11. CONFIDENTIALITY AND NONCOMPETITION

11.1     DISCLOSURE OF INFORMATION. The Executive recognizes that he has access
         to and knowledge of confidential and proprietary information of the
         Company that is essential to the performance of his duties under this
         Agreement.

         (a)  The Executive will not, during and for five (5) years after the
              term of his employment by the Company, in whole or in part,
              disclose such information to any person, firm, corporation,
              association, or other entity for any reason or purpose whatsoever,
              nor shall he make use of any such information for his own
              purposes, so long as such information has not otherwise been
              disclosed to the public or is not otherwise in the public domain
              except as required by law or pursuant to administrative or legal
              process.

11.2     COVENANTS REGARDING OTHER EMPLOYEES. During the term of this Agreement,
         and for a period of twelve (12) months following the Executive's
         termination of employment for any reason, the Executive agrees not to
         actively solicit any employee of the Company to terminate his or her
         employment with the Company or to interfere in a similar manner with
         the business of the Company.

11.3     NONCOMPETE FOLLOWING A TERMINATION OF EMPLOYMENT. From the Effective
         Date of this Agreement until six (6) months following the Executive's
         Effective Date of Termination for any reason, the Executive will not:
         (a) directly or indirectly own any equity or proprietary interest in
         (except for ownership of shares in a publicly traded company not
         exceeding three percent (3%) of any class of outstanding securities),
         or be an employee, agent, director, advisor, or consultant to or for
         any competitor of the Company, whether on his own behalf or on behalf
         of any person; or (b) undertake any action to induce or cause any
         customer or client to discontinue any part of its business with the
         Company.

11.4     WAIVER OF COVENANTS UPON A CHANGE IN CONTROL. Upon the occurrence of a
         Change in Control, the Executive shall be released from each of the
         covenants set forth in Section 11.2 and 11.3, if such Executive is
         terminated by the Company without Cause or if the Executive terminates
         his employment with the Company for Good Reason.

                                       15
<PAGE>

                       ARTICLE 12. OUTPLACEMENT ASSISTANCE

12.1     Following a termination of employment, other than for Cause, the
         Executive shall be reimbursed by the Company for the costs of all
         outplacement services obtained by the Executive within the one (1) year
         period after the Effective Date of Termination; provided, however, that
         the total reimbursement shall be limited to an amount equal to twenty
         percent (10%) of the Executive's Base Salary as of the effective date
         of termination.

                            ARTICLE 13. MISCELLANEOUS

13.1     ENTIRE AGREEMENT. With the exception of the Company's Proprietary
         Information and Inventions Agreement previously executed by Executive
         and the Offer Letter, dated May 10, 2004, executed by the company and
         executive (the terms of which are incorporated herein by this
         reference), this Agreement supersedes any prior agreements, or
         understandings, oral or written, between the parties hereto or between
         the Executive and the Company, with respect to the subject matter
         hereof, and constitutes the entire agreement of the parties with
         respect thereto.

13.2     MODIFICATION. This Agreement shall not be varied, altered, modified,
         canceled, changed, or in any way amended except by mutual agreement of
         the parties in a written instrument executed by the parties hereto or
         their legal representatives.

13.3     SEVERABILITY. In the event that any provision or portion of this
         Agreement shall be determined to be invalid or unenforceable for any
         reason, the remaining provisions of this Agreement shall be unaffected
         thereby and shall remain in full force and effect.

13.4     COUNTERPARTS. This Agreement may be executed in one (1) or more
         counterparts, each of which shall be deemed to be an original, but all
         of which together will constitute one and the same Agreement.

13.5     TAX WITHHOLDING. The Company may withhold from any benefits payable
         under this Agreement all federal, state, city, or other taxes as may be
         required pursuant to any law or governmental regulation or ruling.

13.6     BENEFICIARIES. To the extend allowed by law, any payments or benefits
         hereunder due to the Executive at the time of his death shall
         nonetheless be paid or provided and the Executive may designate one or
         more persons or entities as the primary and/or contingent beneficiaries
         of any amounts to be received under this Agreement. Such designation
         must be in the form of a signed writing acceptable to the Board or the
         Board's designee. The Executive may make or change such designation at
         any time.

13.7     PAYMENT OBLIGATION ABSOLUTE. Absent actions deliberately or willfully
         taken by the Executive to materially injure the Company, the Company's
         obligation to make the payments and the arrangement provided for herein
         shall be absolute and unconditional, and shall not be affected by any
         circumstances, including, without limitation, any offset, counterclaim,
         recoupment, defense, or other right which the Company may have against
         the Executive or anyone else.

         (a)  All amounts payable by the Company hereunder shall be paid without
              notice or demand. Subject to the provisions set forth in Sections
              7.4 and 7.6, and Article 11, each and every payment made hereunder
              by the Company shall be final, and the Company shall not seek to
              recover all or any part of such payment from the Executive or from
              whomsoever may be entitled thereto, for any reasons whatsoever.

                                       16
<PAGE>

         (b)  With the exception of the Company's willful material breach of its
              payment obligations under Articles 7 and 8 of this Agreement
              (provided, however, that no such breach shall be deemed to have
              occurred until the Executive has provided the Board with written
              notice of such breach and a reasonable opportunity for cure), the
              restrictive covenants contained in Article 11 are independent of
              any other contractual obligations in this Agreement or otherwise
              owed by the Company to the Executive. Except as provided in this
              paragraph, the existence of any claim or cause of action by
              Executive against the Company, whether based on this Agreement or
              otherwise, shall not create a defense to the enforcement by the
              Company of any restrictive covenant contained herein.

         (c)  The Executive shall not be obligated to seek other employment in
              mitigation of the amounts payable or arrangements made under any
              provision of this Agreement, and the obtaining of any such other
              employment shall in no event effect any reduction of the Company's
              obligations to make the payments and arrangements required to be
              made under this Agreement.

                            ARTICLE 14. GOVERNING LAW

14.1     To the extent not preempted by federal law, the provisions of this
         Agreement shall be construed and enforced in accordance with the laws
         of the state of New Jersey.

         IN WITNESS WHEREOF, the Company, through its duly authorized
         representative, and the Executive have executed this Agreement as of
         the Effective Date.

                                   Executive:

                                   /s/ Lawrence A. Gyenes
                                   ----------------------
                                       Lawrence A. Gyenes

                                   Company:

                                   SAVIENT PHARMACEUTICALS, INC.

                                   By: /s/ Chris Clement
                                   -----------------------
                                           Chris Clement
                                           President & CEO

                                       17

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00071-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00071-of-00352.parquet"}]]