Equimolar reactions of group 14 compounds, (C 6 H 5 ) 3 MCl with (NH 4 )[Se 2 P(OR) 2 ], in diethyl ether yielded the first organometallic derivatives of diselenophosphates, viz., [Ph 3 M{η 1 -Se (Se)P(OR) 2 }] [M) Ge, R ) Et, i Pr, n Pr (1-3); Sn, Et, i Pr, n Pr (4-6); Pb, Et, i Pr, n Pr (7-9)]. The crystal structures of 1, 4, 6, and 7 showed that the geometry around a metal center for each compound is distorted tetrahedral. The (η 1 -Se) coordination mode with one pendant Se atom exhibited in these complexes is the new connective pattern for the diselenophosphates. 31 P and 77 Se NMR spectral studies reveal that whereas germanium compounds do not show lability of Ge-Se bonds, the Sn and Pb compounds do exhibit lability of Sn-Se and Pb-Se bonds, which involve exchange of the coordinated and pendant Se atoms at room temperature. This exchange process is slowed at low temperature and stopped at around 210 K. The exchange energy (∆G q ) is calculated to be in the range of 38-46 kJ mol -1 for compounds 4-9. Positive FAB-mass spectral data reveal that germanium compounds 1 and 3 have nearly equal abundance of molecular ions [(Ph 3 M){µ-Se, Se-P(OR) 2 }] + and dinuclear cations [(Ph 3 M) 2 -{µ-Se, Se-P(OR) 2 }] + ; the same is not true for tin and lead compounds 4, 5, 7, and 8, whose dinuclear cations are several times intense over their molecular ions. The structures of these dinuclear cations as well as their formation pathway have been studied by the density functional theory calculations.