0001073307-02-000015 Sample Contracts

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PWR SYSTEMS, INC. 3512 Veterans Memorial Highway Bohemia, New York 11716
Deferral Agreement • January 14th, 2002 • Vizacom Inc • Services-prepackaged software

This letter shall serve to evidence your agreement to defer payment of the first two installments under the Second Amended and Restated Promissory Note, dated September 28, 2001, made by PWR Systems, Inc. (the "Company") in your favor in the aggregate principal amount of $153,412, until the earlier of (i) March 1, 2002, or (ii) the date of the first closing under a private placement of Vizacom Inc. ("Vizacom") common stock, par value $.001 per share, to accredited investors as contemplated by the Letter of Intent dated September 7, 2001, between SpaceLogix, Inc. and Vizacom. Interest shall continue to accrue during the deferment period.

December 28, 2001 Kaufman & Moomjian, LLC 50 Charles Lindbergh Blvd. Suite 206 Mitchel Field, New York 11553 Attention: Neil M. Kaufman, Esq. Dear Mr. Kaufman: This letter shall serve to evidence the agreement by Kaufman & Moomjian, LLC ("K&M") to...
Payment Deferral Agreement • January 14th, 2002 • Vizacom Inc • Services-prepackaged software

This letter shall serve to evidence the agreement by Kaufman & Moomjian, LLC ("K&M") to defer payment of the first two installments under the promissory note, dated September 30, 2001, made by Vizacom Inc. (the "Company") in K&M's favor in the aggregate principal amount of $439,654.85 (the "Note"), until the earlier of (i) March 1, 2002, or (ii) the date of the first closing under a private placement of the Company's common stock, par value $.001 per share, to accredited investors as contemplated by the Letter of Intent dated September 7, 2001, between SpaceLogix, Inc. and the Company (the "Private Placement"). Interest shall continue to accrue during the deferment period. K&M also agrees to reduce the prepayment due to K&M under the Note upon the closing of the Private Placement from $150,000 to $125,000.

PWR SYSTEMS, INC. 3512 Veterans Memorial Highway Bohemia, New York 11716
Promissory Note Deferral Agreement • January 14th, 2002 • Vizacom Inc • Services-prepackaged software

This letter shall serve to evidence your agreement to defer payment of the first two installments under the Second Amended and Restated Promissory Note, dated September 28, 2001, made by PWR Systems, Inc. (the "Company") in your favor in the aggregate principal amount of $153,412, until the earlier of (i) March 1, 2002, or (ii) the date of the first closing under a private placement of Vizacom Inc. ("Vizacom") common stock, par value $.001 per share, to accredited investors as contemplated by the Letter of Intent dated September 7, 2001, between SpaceLogix, Inc. and Vizacom. Interest shall continue to accrue during the deferment period.

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