Attached is an executed copy of the Services Agreement for the Independent
director.
---------------------- Forwarded by Trish Lindloff/DA/WGM/US on 11/08/2001
07:10 PM ---------------------------


"Andrew L. Stidd" <astidd@gssnyc.com> on 11/08/2001 06:32:28 PM
cc:
Subject:  RE: GSS Agreement


Trish:

Attached are signed copies of the agreements with the change we spoke
about.

Best regards.

Andy Stidd
Global Securitization Services, LLC
400 West Main Street, Suite 338
Babylon, New York 11702
(Tel.)   631 587 4700 ext. 11
(Fax)  212 302 8767
www.gssnyc.com <http://www.gssnyc.com>





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From: trish.lindloff@weil.com
To: "Andrew L. Stidd" <astidd@gssnyc.com>
Subject: RE: GSS Agreement
Date: Thu, 8 Nov 2001 19:17:55 -0500
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X-Mailer: Internet Mail Service (5.5.2650.21)
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Info requested:

NETCO Corp.
1400 Smith Street
Houston, TX 77002
Attention:  Wes Colwell

Thanks,
Trish






"Andrew L. Stidd" <astidd@gssnyc.com> on 11/08/2001 02:32:25 PM
cc:
Subject:  RE: GSS Agreement


Trish:

I apologize.  I did not realize that the file I sent you was password
protected.  Attached is a file you can open.

Best regards.

Andy Stidd
Global Securitization Services, LLC
400 West Main Street, Suite 338
Babylon, New York 11702
(Tel.)   631 587 4700 ext. 11
(Fax)  212 302 8767
www.gssnyc.com <http://www.gssnyc.com>





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From: trish.lindloff@weil.com
To: "Andrew L. Stidd" <astidd@gssnyc.com>
Subject: Re: GSS Agreement
Date: Thu, 8 Nov 2001 13:26:21 -0500
MIME-Version: 1.0
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Would you please prepare a form of agreement for ERMT LLC?  We would like
to get both signed up today.  Note that we are changing ERMT LLC's name to
NETCO Holdings LLC.

Thanks,
Trish.




"Andrew L. Stidd" <astidd@gssnyc.com> on 11/07/2001 01:03:03 PM
cc:
Subject:  GSS Agreement



Dear Trish:

Attached is a draft of our Services  Agreement for CGNN Holding Company,
Inc.  If this form is acceptable I will  draft a similar agreement for ERMT
LLC (modified to include the non-economic  member).

The independent director for ERMT LLC will  be Bernard J. Angelo and the
golden shareholder will be GSS Contract Services I,  Inc., a Delaware
corporation.

Please feel free to call me with any  questions or comments that you may
have.

Best regards.

Andy Stidd
Global Securitization Services, LLC
400  West Main Street, Suite 338
Babylon, New York 11702
(Tel.)   631 587 4700 ext. 11
(Fax)  212 302  8767
www.gssnyc.com

(See attached file: GSS Services & Indemnity Agr.doc)






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(See attached file: GSS Services & Indemnity Agr.doc)
(See attached file: GSS Services & Indemnity Agr CGNN.doc)



(See attached file: GSS Services & Indemnity Agr.doc)
(See attached file: GSS Services & Indemnity Agr CGNN.doc)
(See attached file: GSS S & I Agreement_CGNN.pdf)
(See attached file: GSS S & I Agreement_NETCO.pdf)

 - GSS Services & Indemnity Agr.doc 
 - GSS Services & Indemnity Agr CGNN.doc 
 - GSS S & I Agreement_CGNN.pdf 
 - GSS S & I Agreement_NETCO.pdf