<PAGE>
                                                                    EXHIBIT 10.1







                              TECHTEAM GLOBAL, INC.

                          SECURITIES PURCHASE AGREEMENT















                                  APRIL 8, 2003









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                                TABLE OF CONTENTS


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<S>  <C>      <C>                                                                                              <C>
1.   Purchase and Sale of Securities..............................................................................1
     1.1      Sale and Issuance of Shares.........................................................................1
     1.2      Closing.............................................................................................2

2.   Representations and Warranties of the Company................................................................2
     2.1      Corporate Existence and Power.......................................................................2
     2.2      Authorization; No Contravention.....................................................................2
     2.3      Governmental Authorization; Third Party Consents....................................................3
     2.4      Binding Effect......................................................................................3
     2.5      Litigation..........................................................................................3
     2.6      Compliance with Laws................................................................................4
     2.7      Capitalization......................................................................................4
     2.8      Reports; Financial Statements.......................................................................4
     2.9      Taxes...............................................................................................5
     2.10     No Material Adverse Change; Ordinary Course of Business.............................................6
     2.11     Private Offering.  .................................................................................6
     2.12     Labor Relations.  ..................................................................................6
     2.13     Employee Benefit Plans..............................................................................6
     2.14     Liabilities.........................................................................................7
     2.15     Potential Conflicts of Interest.....................................................................7
     2.16     Trade Relations.....................................................................................7
     2.17     Broker's, Finder's or Similar Fees..................................................................8
     2.18     Form S-3 Eligibility................................................................................8

3.   Representations and Warranties of the Investor...............................................................8
     3.1      Organization and Existence; No Conflict; Authorization..............................................8
     3.2      Purchase Entirely for Own Account...................................................................8
     3.3      Reliance Upon Investor's Representations............................................................9
     3.4      Receipt of Information..............................................................................9
     3.5      Investment Experience...............................................................................9
     3.6      Accredited Investor.................................................................................9
     3.7      Restricted Securities...............................................................................9
     3.8      Governmental Review................................................................................10
     3.9      Legends............................................................................................10

4.   Deliveries At Closing.......................................................................................11
     4.1      Documents to Be Delivered by Company...............................................................11
     4.2      Documents to Be Delivered by Investor..............................................................11

5.   Additional Covenants........................................................................................12
     5.1      Assistance with Indian and Far Eastern Strategy....................................................12
     5.2      Covenants Respecting Rights Agreement..............................................................12
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<S>  <C>      <C>                                                                                              <C>
6.   Miscellaneous...............................................................................................13
     6.1      Entire Agreement...................................................................................13
     6.2      Survival...........................................................................................13
     6.3      Assignment; Successors and Assigns.................................................................13
     6.4      Governing Law......................................................................................13
     6.5      Counterparts.......................................................................................13
     6.6      Titles and Subtitles...............................................................................13
     6.7      Notices............................................................................................13
     6.8      Expenses...........................................................................................15
     6.9      Attorneys' Fees; Arbitration.......................................................................15
     6.10     Amendments and Waivers.............................................................................15
     6.11     Severability.......................................................................................16
     6.12     Rights of the Investor.............................................................................16
</TABLE>


Exhibits

Exhibit A   -   Certificate of Designations
Exhibit B   -   Registration Rights Agreement
Exhibit C   -   Form of Opinion of Counsel

Schedules

Schedule I  -   Schedule of Exceptions
Schedule II -   Schedule of Financial Information



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                              TECHTEAM GLOBAL, INC.


                          SECURITIES PURCHASE AGREEMENT

         THIS SECURITIES PURCHASE AGREEMENT (this "Agreement") is made as of the
8th day of April, 2003, by and among TECHTEAM GLOBAL, INC., a Delaware
corporation (the "Company"), and CHRYSCAPITAL II, LLC, a Mauritius company (the
"Investor").


                                    RECITALS

         A. The Company and the Investor are executing and delivering this
Agreement in accordance with, and in reliance upon, the exemption from
securities registration afforded by Section 4(2) of the Securities Act of 1933,
as amended (the "Securities Act"), and Rule 506 under Regulation D ("Reg. D") as
promulgated by the United States Securities and Exchange Commission (the "SEC")
under the Securities Act.

         B. The Investor desires, upon the terms and conditions stated in this
Agreement, to purchase shares of Company Preferred Stock (as defined in Section
1.1 below) for an aggregate purchase price of Five Million Six Dollars (US
$5,000,006)(the "Purchase Price").

         C. Contemporaneously with the execution and delivery of the Agreement,
the parties hereto are executing and delivering a Registration Rights Agreement
(as defined in Section 4.1(b)) under which the Company has agreed to provide to
the Investor certain rights with respect to registration of the Conversion
Shares (as defined in Section 1.1 below) under the Securities Act and applicable
state securities laws.


                                    AGREEMENT

         NOW, THEREFORE, in consideration of the premises and mutual covenants
contained herein and other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the Company and the Investor
hereby agree as follows:

         1. Purchase and Sale of Securities.


         1.1 Sale and Issuance of Shares. Subject to the terms and conditions of
this Agreement, the Investor agrees to purchase from the Company at the Closing
(as defined in Section 1.2 below), and the Company agrees to issue and sell to
the Investors at the Closing 689,656 shares (the "Shares") of Series A
Convertible Preferred Stock, $.01 par value, of the Company ("Company Preferred
Stock") at a price per Preferred Share of $7.25 (the "Share Price"). The Company
shall adopt and file with the Secretary of State of Delaware at or before the
Closing the Certificate of Designations in the form attached hereto as Exhibit A
(the "Certificate of Designations"). At or prior to the Closing, the Company
shall have authorized (i) the sale and issuance to the Investor of the Shares
and (ii) the issuance of the shares of Company Common Stock, $.01 par value, of
the Company ("Company Common Stock") to be issued upon conversion of the Shares
(the "Conversion Shares"). The Shares and the Conversion Shares shall have the
rights, preferences, privileges



<PAGE>


and restrictions set forth in the Company's Certification of Incorporation, and
Certificate of Designations, as amended and/or restated (the "Certificate of
Incorporation").

         1.2 Closing. The completion of the purchase and sale of the Shares (the
"Closing") shall take place contemporaneously with the execution and delivery of
this Agreement at 285 Hamilton Ave., Suite 240, Palo Alto, California. At the
Closing, the Investor shall pay the Purchase Price for the Shares, by wire
transfer of immediately available funds in accordance with the written wire
instructions set forth in Section 4.2(a) hereto, and the Company shall deliver
to the Investor a certificate (bearing a restrictive legend as set forth in
Section 3.9) representing the Shares against delivery of the Purchase Price as
described above.

         2. Representations and Warranties of the Company. The Company hereby
represents and warrants to the Investor that, except as set forth in the
Company's SEC Reports (as defined in Section 2.6) or on the Schedule of
Exceptions attached hereto as Schedule I (the "Schedule of Exceptions"):

         2.1 Corporate Existence and Power. The Company, and each corporation or
other entity of which the Company holds a majority of the voting power of the
outstanding voting equity securities or a majority of the economic equity
interest of such corporation or entity (collectively, the "Subsidiaries"): (a)
is a corporation duly organized, validly existing and in good standing under the
laws of the jurisdiction of its incorporation; (b) has all requisite corporate
power and authority to own, lease and operate its properties and to carry on its
business as and where now owned, leased, operated and conducted; (c) is duly
qualified as a foreign corporation and is in good standing under the laws of
each jurisdiction in which its ownership, lease or operation of property or the
conduct of its business requires such qualification, except where the failure to
be so qualified or in good standing would not reasonably be expected to have a
material adverse effect on the business, financial condition or results of
operations of the Company; and (d) has the requisite corporate power and
authority to execute, deliver and perform its obligations under this Agreement
and, if applicable, the Registration Rights Agreement.

         2.2 Authorization; No Contravention. The execution, delivery and
performance by the Company of this Agreement and the Registration Rights
Agreement, and the consummation of the transactions contemplated hereby and
thereby: (a) have been duly authorized by all necessary corporate action of the
Company; (b) do not violate the provisions of the Certificate of Incorporation
(including the Certificate of Designations) or the Bylaws of the Company; (c) do
not violate or conflict with, and will not result in any breach of any provision
of, or constitute a default (or an event which with due notice or lapse of time
or both would become a default) under, or give to others any rights of
termination, amendment (including, without limitation, the triggering of any
antidilution provision), acceleration or cancellation of, any agreement,
undertaking, contract, indenture, mortgage, deed of trust, or other instrument
to which the Company is a party (a "Contractual Obligation"); (d) will not cause
the Investor to be deemed an Acquiring Person or an Adverse Person as such terms
are defined under the Rights Agreement; (e) will not cause a Triggering Event
under the Rights Agreement; and (f) assuming the accuracy of the representations
and warranties of the Investor set forth herein, do not violate any law,
statute, treaty, rule or regulation (collectively, "Laws"), or any judgment,
injunction, writ, award, decree or order of any nature (collectively, "Order"),
of the government of any nation, state, city,


                                      -2-
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locality or other political subdivision thereof, any entity exercising
executive, legislative, judicial, regulatory or administrative functions of or
pertaining to government, (a "Governmental Authority") against, or binding upon,
the Company or any of its Subsidiaries, except in the case of clauses (c) and
(f) for such violations, breaches, defaults, terminations, amendments,
accelerations, cancellations or conflicts that would not reasonably be expected
to have a material adverse effect on the business, financial condition or
results of operation of the Company and its Subsidiaries taken as a whole
("Material Adverse Effect"). No Order has been issued by any court or other
Governmental Authority against the Company or any of its Subsidiaries purporting
to enjoin or restrain the execution, delivery or performance of this Agreement
or the Registration Rights Agreement.

         2.3 Governmental Authorization; Third Party Consents. Assuming the
accuracy of the representations and warranties of the Investor set forth herein,
except as specifically contemplated by this Agreement, as required under the
Securities Act and the Securities Exchange Act of 1934, as amended (the
"Exchange Act"), and any applicable state securities laws and any listing
agreement with any securities exchange or automated quotation system, no
approval, consent, authorization or other action by, or notice to, or filing
with, any Governmental Authority, and no lapse of a waiting period under a
requirement of Law, is necessary or required in connection with, the execution,
delivery or performance (including, without limitation, the sale, issuance and
delivery of the Shares or the Conversion Shares) by the Company of this
Agreement and the Registration Rights Agreement and the transactions
contemplated hereby and thereby.

         2.4 Binding Effect. This Agreement and the Registration Rights
Agreement have been duly executed and delivered by the Company, and each of this
Agreement and the Registration Rights Agreement constitutes a legal, valid and
binding obligation of the Company, enforceable against the Company in accordance
with its terms, except (a) as limited by applicable bankruptcy, insolvency,
reorganization, fraudulent conveyance or transfer, moratorium or similar laws
affecting the rights of creditors generally, (b) as limited by the application
of general principles of equity (regardless of whether considered in a
proceeding at law or in equity) and (c) to the extent the indemnification
provisions contained in the Registration Rights Agreement may be limited by
applicable federal or state securities laws or public policy relating thereto.

         2.5 Litigation. There are no actions, suits, proceedings, claims,
complaints, disputes, arbitrations or investigations (collectively, "Claims")
pending or, to the knowledge of the Company's executive officers (the
"Knowledge"), threatened, at law, in equity, in arbitration or before any
Governmental Authority against the Company or any of its Subsidiaries that seeks
damages in an amount which is material to the Company's operations, other than
ordinary routine litigation incidental to the business of the Company nor is the
Company aware that there is any basis for any of the foregoing. No Order has
been issued by any court or other Governmental Authority against the Company or
any of its Subsidiaries purporting to enjoin or restrain the execution, delivery
or performance of this Agreement, or the Registration Rights Agreement.



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         2.6 Compliance with Laws. The Company and each of its Subsidiaries are
in compliance in all material respects with all requirements of Law and all
Orders issued by any court or Governmental Authority against the Company.

         2.7 Capitalization. The authorized capital stock of the Company
consists of 45,000,000 shares of Company Common Stock of which 10,702,857 shares
were issued and outstanding, as of the close of business on March 17, 2003, and
5,000,000 shares of Preferred Stock, par value $.01 per share, none of which
were outstanding prior to the date hereof. All issued and outstanding shares of
Company Common Stock were duly authorized and validly issued, and are fully paid
and nonassessable. Other than the shares of preferred stock reserved for
issuance pursuant to the Rights Agreement, dated as of May 7, 1997, as amended
on August 24, 1999, between the Company and U.S. Stock Transfer Corporation, as
Rights Agent (the "Rights Agreement"), and the Shares being issued pursuant to
this Agreement, and the Conversion Shares, the Company has no capital stock
reserved for or otherwise subject to issuance. The Company has issued and
outstanding options or warrants or other securities convertible, exchangeable or
exercisable for Common Stock to purchase no more than 140,000 shares of Company
Common Stock, other than those options issued under its 1990 Non-Qualified Stock
Option Plan and its 1996 Directors Stock Plan. The Company does not have
outstanding any bonds, debentures, notes or other obligations the holders of
which have the right to vote (or convertible into or exercisable for securities
having the right to vote) with the stockholders of the Company on any matter.
The designations, powers, preference, rights, qualifications, limitations and
restrictions of each class and series of authorized capital stock of the Company
are set forth in the Certificate of Incorporation (including the Certificate of
Designations) are valid, binding and enforceable in accordance with all
applicable laws. All of the outstanding Company Common Stock was issued in
compliance with all applicable Federal and state securities laws.

         (a) The Shares have been duly authorized and, when issued and delivered
to the Investor after payment therefor in accordance with the terms of this
Agreement, will be validly issued, fully paid and non-assessable, and assuming
the accuracy of the representations and warranties of the Investor set forth in
Section 3 of this Agreement, will be free and clear of any lien, pledge,
security interest, claim or other encumbrance (collectively, "Liens") (other
than those imposed through acts or omissions of the Investor), other than Liens
under the Registration Rights Agreement. The Conversion Shares have been duly
and validly reserved for issuance and, upon issuance in accordance with the
terms of this Agreement, the Certificate of Incorporation, (including the
Certificate of Designations) will be validly issued, fully paid and
nonassessable, and assuming the accuracy of the representations and warranties
of the Investor set forth in Section 3 of this Agreement, will be free and clear
of all Liens with respect to the delivery thereof (other than those imposed
through acts or omissions of the Investor), other than Liens under the
Registration Rights Agreement.

         2.8 Reports; Financial Statements. (a) As of the respective dates of
their filing with the SEC, the Company's reports, schedules, statements and
other documents, together with any amendments thereto, filed by the Company with
the SEC since December 31, 2002 (all of the foregoing filed after December 31,
2002 and prior to the date hereof and all exhibits included therein and
financial statements and schedules thereto and documents (including all exhibits
available on the SEC's EDGAR system) incorporated by reference therein being
hereinafter


                                      -4-
<PAGE>


referred to collectively as the "SEC Reports"), complied in all material
respects with the applicable requirements of the Exchange Act, and the rules and
regulations of the Commission promulgated thereunder applicable to the SEC
Reports. The SEC Reports did not, at the time they were filed with the SEC,
contain any untrue statement of a material fact or omit to state a material fact
required to be stated therein or necessary in order to make the statements
therein, in the light of the circumstances under which they are made, not
misleading.

         (b) The consolidated financial statements of the Company (including, in
each case, any related schedules or notes thereto) contained in or incorporated
by reference in the SEC Reports (the "Financial Statements") (i) have been
prepared in accordance with accounting principles generally accepted in the
United States ("GAAP"), consistently applied, during the periods involved
(except (A) as may be otherwise indicated in such Financial Statements or the
notes thereto or (B) in the case of unaudited interim statements, to the extent
they may not include footnotes or may be condensed or summary statements), and
(ii) fairly present in all material respects the consolidated financial position
of the Company and its Subsidiaries as of the respective dates thereof and the
consolidated results of its operations and cash flows for the periods then
ended, subject, in the case of unaudited financial statements, to normal and
recurring year-end adjustments and omitted footnote disclosure.

         (c) The copies of the financial information set forth in Schedule II
and delivered by the Company to the Investor in connection with this
transaction: (i) were prepared in good faith and derived from the Company's
internal accounting systems which are subject to internal accounting control
review by the Company's independent auditors in support of the Company's audited
financial statements, and (ii) to the Knowledge of the Company, were a fair and
accurate presentation of the financial condition of the Company for the periods
they purported to represent. The projections provided to the Investor by the
Company were prepared in good faith by the Company, and the Company believes
there is a reasonable basis for such projections. However, the Company does not
warrant the accuracy of these forward-looking projections.

         2.9 Taxes. (a) The Company and each of its Subsidiaries has paid all
federal, state, provincial, county, local, foreign and other taxes (the "Taxes")
which have come due and are required to be paid by it through the date hereof,
and all material deficiencies or other additions to Tax, interest and penalties
owed by it in connection with any such Taxes, other than Taxes being disputed by
the Company in good faith for which adequate reserves have been made in
accordance with GAAP;

         (b) The Company and each of its Subsidiaries has timely filed or caused
to be filed all returns for Taxes that it is required to file on and through the
date hereof (including all applicable extensions), and all such Tax returns are
accurate and complete in all material respects;

         (c) With respect to all Tax returns of the Company and each of its
Subsidiaries, to the Knowledge of the Company (i) there is no Tax deficiency or,
threatened against the Company or any of its Subsidiaries and (ii) there are no
material audit(s) is in progress with respect to any return for Taxes; and



                                      -5-
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         (d) All provisions and accruals for Tax liabilities of the Company and
each of its Subsidiaries have been disclosed in the Financial Statements and
made in accordance with GAAP, consistently applied.

         2.10 No Material Adverse Change; Ordinary Course of Business. Since
December 31, 2002, (a) the Company has not suffered any Material Adverse Effect,
(b) neither the Company nor any of its Subsidiaries has declared or paid any
dividend or declared or made any distribution to its stockholders, (c) neither
the Company nor any of its Subsidiaries has entered into any Contractual
Obligation required by the Exchange Act to be disclosed in the SEC Reports,
other than in the ordinary course of business, (d) there has not occurred a
material change in the accounting principles or practice(s) of the Company or
any of its Subsidiaries except as required by reason of a change in GAAP, and
(e) the Company has not issued any capital stock, or warrants, options or other
rights to purchase Company capital stock, except for (i) options granted and
shares issued pursuant to the Company's stock option and purchase plans and
employment agreements included or described in the SEC Reports, and (ii) as
contemplated by this Agreement.

         2.11 Private Offering. Neither the Company nor, to the Knowledge of the
Company, any individual, firm, corporation, partnership, trust, association,
joint venture, limited liability company or other entity of any kind (each, a
"Person") acting on its behalf has, in connection with the offer, sale or
issuance of the Shares, (i) engaged in any form of "general solicitation" or
"general advertising" (as those terms are used within the meaning of Rule 502(c)
under the Securities Act), or (ii) made, directly or indirectly, any offers or
sales of any security, or solicited any offers to buy any securities, under
circumstances within the prior six months that would require registration under
the Securities Act of the delivery of the Shares to the Investor as provided in
this Agreement, assuming the representations and warranties of the Investor set
forth in Section 3 hereof are true and correct. As used herein, the terms
"offer" and "sale" have the meanings specified in Section 2(3) of the Securities
Act.

         2.12 Labor Relations. Except as could not reasonably be expected to
have a Material Adverse Effect: (a) neither the Company nor any of its
Subsidiaries is engaged in any unfair labor practice; (b) there is no strike,
labor dispute, slowdown or stoppage pending or, to the Knowledge of the Company,
threatened against the Company or any of its Subsidiaries; (c) neither the
Company nor any of its Subsidiaries is a party to any collective bargaining
agreement or contract; and (d) no union organizing activities are taking place.
To the Knowledge of the Company, senior management of the Company and each of
its Subsidiaries spends all, or substantially all, of his/her business time on
the business of the Company or its Subsidiary, as the case may be.

         2.13 Employee Benefit Plans. (a) The Company only provides its
employees with the following employee benefit plans: an insured health plan, an
insured short-term disability plan, an insured long-term disability plan, an
insured dental plan, and life insurance, a flexible spending account for medical
and dependent care, a 401(k) retirement plan, and certain management personnel
with a deferred compensation plan. The Company has not been part of a "multiple
employer plan" within the meaning of the Code or ERISA for at least the past
five (5) years. The Company has no unfunded pension liability, and is not
currently a defendant in any employee benefit related lawsuits. To the Company's
Knowledge, each noted plan (and related



                                      -6-
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trust, insurance contract or fund) has been established and administered in
accordance with its terms, and complies in all material respects in form and in
operation with the applicable requirements of ERISA and the Code and other
applicable requirements of law. All contributions (including all employer
contributions and employee salary reduction contributions), which were due, on
or before the date hereof, have been paid to each company plan.

         (b) No Claim with respect to the administration or the investment of
the assets of any plan (other than routine claims for benefits) is pending.

         (c) Except as could not reasonably be expected to have a Material
Adverse Effect, each Company Plan that is intended to be qualified under Section
401(a) of the Code is so qualified and has been so qualified during the period
since its adoption; each trust created under any such Plan is exempt from tax
under Section 501(a) of the Code and has been so exempt since its creation.

         (d) Neither the consummation of the transactions contemplated by this
Agreement nor the Registration Rights Agreement nor any termination of
employment following such transactions will accelerate the time of the payment
or vesting of, or increase the amount of, compensation due to any employee or
former employee whether or not such payment would constitute an "excess
parachute payment" under Section 280G of the Code.

         2.14 Liabilities. To the Knowledge of the Company based upon
information currently available, neither the Company nor any of its Subsidiaries
has any direct or indirect obligation or liability (the "Liabilities") which are
not fully reflected or reserved against in the Financial Statements, other than
Liabilities not exceeding $100,000 in the aggregate incurred since December 31,
2002 in the ordinary course of business.

         2.15 Potential Conflicts of Interest. To the Knowledge of the Company,
no officer or director, of the Company: (a) owns a material equity interest in
(excepting stock holdings for investment purposes in securities of publicly held
and traded companies; provided that in the case of an officer of the Company,
such stock holdings shall not exceed a one percent (1%) equity stake in any
publicly held company), or is an officer, director, employee or consultant of,
any Person which is, or is engaged in business as, a competitor, lessor, lessee,
supplier, distributor, or customer of, or lender to or borrower from, the
Company or any of its Subsidiaries; (b) owns, directly or indirectly, in whole
or in part, any tangible or intangible property that the Company or any of its
Subsidiaries uses, in the conduct of its business; or (c) has any cause of
action or other claim whatsoever against, or owes or has advanced any amount to,
the Company, except for claims in the ordinary course of business such as for
accrued vacation pay, accrued benefits under employee benefit plans, and similar
matters and agreements existing on the date hereof.

         2.16 Trade Relations. To the Knowledge of the Company, no customer or
supplier of the Company is currently threatening to terminate, cancel, or limit,
or modify its present business relationship with the Company or any of its
Subsidiaries, except for such terminations, cancellations, limitations and
modifications as would not reasonably be expected to have a Material Adverse
Effect. In addition, in the last six (6) months, no customer or supplier of the



                                      -7-
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Company has terminated, cancelled, limited or modified a material business
relationship with the Company.

         2.17 Broker's, Finder's or Similar Fees. Except for fees payable to
Fahnestock & Co., there are no brokerage commissions, finder's fees or similar
fees or commissions payable by the Company or any of its Subsidiaries in
connection with the transactions contemplated hereby based on any agreement,
arrangement or understanding with the Company or any of its Subsidiaries or any
action taken thereby.

         2.18 Form S-3 Eligibility. The Company currently meets the "registrant
eligibility" requirements for a secondary offering set forth in the General
Instructions to Form S-3 to enable the registration of the Registrable
Securities (as defined in the Registration Rights Agreement).

         3. Representations and Warranties of the Investor. The Investor hereby
represents and warrants to the Company that:

         3.1 Organization and Existence; No Conflict; Authorization. The
Investor is a partnership duly organized, validly existing and in good standing
under the laws of Mauritius. The Investor was not organized solely for the
purpose of making an investment in the Company. The Investor has all requisite
corporate power and authority to enter into this Agreement and the Registration
Rights Agreement and to perform its obligations hereunder and thereunder. The
execution, delivery and performance by the Investor of this Agreement and the
Registration Rights Agreement, and the consummation of the transactions
contemplated hereby and thereby: (a) have been duly authorized by all necessary
action of the Investor; (b) do not conflict with or violate any provision of the
charter or organizational documents of the Investor; and (c) do not violate or
conflict with, and will not result in any breach, default or violation of, any
Law or Order applicable to the Investor that would have a material adverse
effect on the Investor's ability to perform its obligations under this Agreement
or the Registration Rights Agreement. Except as required under the Exchange Act,
Investor is not required to obtain any consent, authorization or Order of, or
make any filing or registration with, any court or Governmental Authority for it
to execute, deliver or perform any of its obligations under this Agreement or
the Registration Rights Agreement that the Investor has not obtained or filed or
the failure of which to obtain or file would not have a material adverse effect
on the Investor's ability to perform its obligations under this Agreement or the
Registration Rights Agreement. This Agreement and the Registration Rights
Agreement have been duly executed and delivered by the Investor, and each of
this Agreement and the Registration Rights Agreement constitutes a legal, valid
and binding obligation of the Investor, enforceable against the Investor in
accordance with its terms, except (a) as limited by applicable bankruptcy,
insolvency, reorganization, fraudulent conveyance or transfer, moratorium or
similar laws affecting the rights of creditors generally, (b) as limited by the
application of general principles of equity (regardless of whether considered in
a proceeding at law or in equity), and (c) to the extent the indemnification
provisions contained in the Registration Rights Agreement may be limited by
applicable federal or state securities laws or public policy relating thereto.

         3.2 Purchase Entirely for Own Account. The Shares (and the Conversion
Shares) being purchased by the Investor are being acquired for investment for
the Investor's own account, and not as a nominee or agent, and not with a view
to the resale or distribution of any


                                      -8-
<PAGE>


part thereof, and the Investor has no present intention of selling, granting any
participation in, or otherwise distributing the same. The Investor understands
that it may be required to bear the economic risk of this investment, unless the
Shares (and/or the Conversion Shares) are registered pursuant to the Securities
Act and any applicable state securities or blue sky laws or an exemption from
such registration is available. The Investor is not a party to any contract,
undertaking, agreement or arrangement with any Person to sell, transfer or
otherwise dispose of any of the Shares (or the Conversion Shares) being
purchased by it other than the Registration Rights Agreement.

         3.3 Reliance Upon Investor's Representations. The Investor understands
that the Shares (and Conversion Shares) are being offered and sold to it in
reliance upon specific exemptions from the registration requirements of the
United States federal and state securities laws, and that the Company is relying
upon the truth and accuracy of, and the Investor's compliance with, the
representations, warranties, agreements, acknowledgements and understandings of
the Investor set forth herein to determine the availability of such exemptions
and the eligibility of the Investor to acquire the Shares (and the Conversion
Shares).

         3.4 Receipt of Information. The Investor and its advisers have been
afforded the opportunity to ask questions of, and receive answers from, the
Company regarding the terms and conditions of the issuance and sale of the
Shares and the business, properties, prospects and financial condition of the
Company and to obtain additional information (to the extent the Company
possessed such information or could acquire it without unreasonable effort or
expense) necessary to verify the accuracy of any information furnished to it or
to which it had access. The Investor acknowledges and understands that its
investment in the Shares involves a significant degree of risk, including the
risks reflected in the SEC Reports. The foregoing, however, does not limit or
modify the representations and warranties of the Company in Section 2 of this
Agreement or the right of the Investor to rely thereon. No person other than the
Company has been authorized to give any information or to give any
representation not contained in this Agreement in connection with the offering
and, if given or made, such information or representation must not be relied
upon as having been authorized by the Company.

         3.5 Investment Experience. The Investor is experienced in evaluating
and investing in securities of companies such as the Company, is able to fend
for itself in transactions such as the one contemplated by this Agreement, has
the ability to bear the economic risks of its investment in the Company, and has
such knowledge and experience in financial and business matters that it is
capable of evaluating the merits and risks of its investment in the Shares.

         3.6 Accredited Investor. The Investor is an "accredited investor" as
such term is defined in Rule 501(a)(3) of Regulation D promulgated under the
Securities Act because it is a partnership, not formed for the specific purpose
of acquiring the securities offered, with total assets in excess of $5,000,000..
The Investor is not registered as a broker or dealer under Section 15(a) of the
Exchange Act and is not a member of the National Association of Securities
Dealers, Inc.

         3.7 Restricted Securities. The Investor understands that:



                                      -9-
<PAGE>


         (a) The Shares are subject to certain restrictions on transferability
as set forth in this Agreement, the Registration Rights Agreement and/or the
Certificate of Designations;

         (b) The Shares (and/or the Conversion Shares) have not been registered
under the Securities Act or any applicable state securities laws, and
consequently, the Investor may have to bear the risk of owning the Shares
(and/or the Conversion Shares) for an indefinite period of time because the
Shares (and/or the Conversion Shares) may not be transferred unless: (i) the
resale thereof is registered pursuant to an effective registration statement
under the Securities Act; (ii) if requested by the Company in connection with a
transfer other than in accordance with clause (i), (iii), or (iv) herein, the
Investor has delivered to the Company an opinion of counsel (which opinion shall
be in form, substance and scope customary for opinions of counsel in comparable
transactions and which counsel shall be reasonably satisfactory to the Company)
to the effect that the Shares (and/or the Conversion Shares) to be sold or
transferred may be sold or transferred pursuant to an exemption from such
registration, which exemption the opinion identifies; (iii) the Shares (and/or
the Conversion Shares) are sold or transferred pursuant to Rule 144; or (iv) the
Shares (and/or the Conversion Shares) are sold or transferred to an affiliate
(as defined in Rule 144) of the Investor;

         (c) Any sale of the Shares (and/or Conversion Shares) made in reliance
on Rule 144 may be made only in accordance with the terms of Rule 144 (including
the holding period requirement, the volume limitations and the manner of sale
restrictions, if applicable), and if Rule 144 is not applicable, then the seller
(or the person through whom the sale is made) might be deemed to be an
underwriter (as that term is defined in the Securities Act) under the Securities
Act or the rules and regulations of the SEC thereunder; and

         (d) Except as set forth in the Registration Rights Agreement, neither
the Company nor any other Person is under any obligation to register the Shares
(and/or the Conversion Shares) under the Securities Act or any state securities
laws or to comply with the terms and conditions of any exemption thereunder.

         3.8 Governmental Review. The Investor understands that no United States
federal or state or other Governmental Authority has passed upon or made any
recommendation or endorsement of the Shares or an investment therein.

         3.9 Legends. The Investor understands that, until (a) the Shares
(and/or the Conversion Shares) may be sold under Rule 144 or (b) such time as
the Shares (and/or the Conversion Shares) have been sold pursuant to an
effective registration statement under the Securities Act, each certificate
evidencing any of the Shares (and/or the Conversion Shares) shall be endorsed
with the legends set forth below [and a stop-transfer order may be placed
against transfer of the certificates for such Shares (and/or the Conversion
Shares)]; and the Investor covenants that the Investor shall not transfer the
Shares (and/or the Conversion Shares) represented by any such certificate
without complying with applicable law and the restrictions on transfer described
in the legends endorsed on such certificate:



                                      -10-
<PAGE>


         The following legend under the Act:

         "THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE BEEN SOLD IN
         RELIANCE UPON AN EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO,
         THE REGISTRATION REQUIREMENTS UNDER THE SECURITIES ACT OF 1933, AS
         AMENDED (THE "SECURITIES ACT"), AND HAVE NOT BEEN REGISTERED OR
         QUALIFIED UNDER THE SECURITIES ACT OR THE SECURITIES LAWS OF ANY STATE.
         THE SECURITIES MAY NOT BE SOLD, OFFERED FOR SALE, ASSIGNED, PLEDGED,
         HYPOTHECATED OR OTHERWISE TRANSFERRED IN THE ABSENCE OF A REGISTRATION
         STATEMENT IN EFFECT WITH RESPECT TO THE SECURITIES UNDER THE SECURITIES
         ACT OR AN OPINION OF COUNSEL OR UPON EVIDENCE REASONABLY SATISFACTORY
         TO TECHTEAM GLOBAL, INC. THAT SUCH REGISTRATION IS NOT REQUIRED OR
         UNLESS SOLD PURSUANT TO RULE 144 OF SUCH ACT OR ANOTHER APPLICABLE
         EXEMPTION."

         Such other legends as may be required under state securities laws.

         4. Deliveries At Closing.

         4.1 Documents to Be Delivered by Company. At the Closing,
contemporaneously with the execution and delivery by the Company and Investor of
this Agreement, the Company shall deliver to the Investor the following
documents, in each case duly executed or otherwise in proper form:

         (a) Stock Certificate. A Certificate representing the Shares as
provided in Section 1.2.

         (b) Registration Rights Agreement. A registration rights agreement
substantially in the form of Exhibit B hereto (the "Registration Rights
Agreement"), duly executed by the Company.

         (c) Opinion of Counsel. A written opinion of Foley & Lardner dated as
of the date of this Agreement, addressed to the Investor, substantially in the
form of Exhibit C hereto.

         4.2 Documents to Be Delivered by Investor. At the Closing,
contemporaneously with the execution and delivery by the Company and the
Investor of this Agreement, the Investor shall deliver to the Company the
following:

         (a) Purchase Price. The Purchase Price for the Shares, as provided in
Section 1.2, by wire transfer of immediately available funds to the following
account:

             BankOne - Detroit, Michigan
             ABA# 072000326

             Account - TechTeam Global, Inc - #6024504
             SWIFT Code:  NBDDUS33


                                      -11-
<PAGE>


         (B) Registration Rights Agreement. The Registration Rights Agreement,
duly executed by the Investor.

         5. Additional Covenants

         5.1 Assistance with Indian and Far Eastern Strategy. As a further
inducement to the Company to enter into this Agreement and consummate the
transactions contemplated hereby, including the issuance of the Shares to the
Investor, the Investor, through its representative on the board of directors of
the Company (the "Investor Representative"), agrees at no cost and expense to
the Company (other than reasonable out-of-pocket expenses), to provide advice
and guidance regarding the feasibility of the Company's expansion into India and
elsewhere in Asia. Subject to applicable fiduciary duties, if the Board
determines that such expansion is feasible and in the best interest of the
Company, the Investor, through the Investor Representative, on the one hand, and
the Company through its other directors and officers, on the other hand, agree
to jointly develop and implement a business plan and strategy for such expansion
at no cost and expense to the Company. In no event shall the Investor or the
Investor Representative be liable to the Company, any stockholder or any other
Person for (i) the development, implementation of such business plan or
strategy, or the failure to develop or implement, such business plan or
strategy, (ii) any deficiency, fault or failure of such business plan or
strategy or expansion by the Company into India and elsewhere in Asia, or (iii)
any action or inaction taken in connection with this Section 5.1 or any
expansion into India and elsewhere in Asia. By entering into this Agreement, the
Company is expressing its good faith intention (subject to the fiduciary duties
of the Company's Board of Directors) to actively develop a strategy for
expansion of the Company's business into India and elsewhere in Asia.
Notwithstanding the foregoing, the actions of the Investor Representative taken
in connection with this Section 5.1 shall nonetheless be subject to all the
fiduciary duties owed by a director to the Company and its stockholders. None of
the foregoing is intended to either expand or narrow the Investor
Representative's liability beyond that as may be incurred as a result of being a
director of the Company.

         5.2 Covenants Respecting Rights Agreement. The Company covenants and
agrees to take such actions as soon as reasonably practicable following the date
hereof (but in any event not later than 14 days from the date hereof) as are
necessary to amend the Rights Agreement to provide that holders of shares of
Company Preferred Stock as of the Close of business on the Distribution Date (as
such terms are defined in the Rights Agreement) shall be entitled to such
rights, benefits and privileges as holders of Company Common Stock are entitled
under the Rights Agreement on a basis determined as if each holder of shares of
Series A Preferred Stock outstanding as of the Close of business on the
Distribution Date had converted all such Series A Convertible Preferred into
shares of Company Common Stock as of the such time. If the Company redeems the
Rights outstanding pursuant to Section 23 of the Rights Agreement, Investor
shall receive $.01 per share determined as if each holder of shares of Series A
Preferred Stock outstanding as of the Close of business on the date the
Company's Board decides to redeem the Rights had converted all such Series A
Convertible Preferred into shares of Company Common Stock. The Company and
Investor covenant and agree to take and approve such actions as soon as
reasonably practicable following the date hereof (but in any event not later
than 14 days from the date hereof) as are necessary to amend the Certificate of
Designations of the Series A Senior Convertible Preferred Stock (the
"Certificate of Designations") to prevent application of the antidilution
protections provided for in Article III, Section 9(e) of the



                                      -12-
<PAGE>


Certificate of Designations on account of the issuance of the rights to the
holders of Company Preferred Stock under the Rights Agreement.



         6. Miscellaneous.

         6.1 Entire Agreement. This Agreement and the documents referred to
herein and all Schedules and Exhibits thereto constitute the entire agreement
among the parties, and no party shall be liable or bound to any other party in
any manner by any warranties, representations or covenants except as
specifically set forth herein or therein.

         6.2 Survival. The parties agree that, regardless of any investigation
made by the parties, the warranties, representations and covenants of the
Company and the Investors contained in or made pursuant to this Agreement shall
survive the execution and delivery of this Agreement and the Closing for a
period of four years beginning on the date hereof; provided, however, that
notwithstanding the foregoing, the representations, warranties and covenants of
the Company and the Investors contained herein shall continue to survive beyond
the fourth anniversary of the Closing with respect to claims for damages arising
out of fraud or willful misstatements or omissions by either party.

         6.3 Assignment; Successors and Assigns. Neither this Agreement nor any
of the party's respective rights or obligations hereunder shall be assignable by
either party without the prior written consent of the other. Except as otherwise
provided herein, the terms and conditions of this Agreement shall inure to the
benefit of and be binding upon the respective successors and permitted assigns
of the parties (including permitted transferees of any Shares or Conversion
Shares). Nothing in this Agreement, express or implied, is intended to confer
upon any party other than the parties hereto or their respective successors and
permitted assigns any rights, remedies, obligations or liabilities under or by
reason of this Agreement, except as expressly provided in this Agreement.

         6.4 Governing Law. This Agreement shall be governed by, interpreted in
accordance with and construed under the laws of the State of Delaware, without
regard to any conflict of law provisions that would defer to the laws of another
jurisdiction. No action may be brought arising out of this Agreement outside of
the United States.

         6.5 Counterparts. This Agreement may be executed in separate
counterparts, each of which shall be deemed an original, but all of which
together shall constitute one and the same instrument.

         6.6 Titles and Subtitles. The titles and subtitles used in this
Agreement are used for convenience only and are not to be considered in
construing or interpreting this Agreement.

         6.7 Notices. Unless otherwise expressly provided herein, any notice
required or permitted under this Agreement shall be given in writing and shall
be deemed given and effective when received, and shall in any event be deemed to
have been received (a) when delivered, if delivered personally or by commercial
delivery service, (b) five (5) business days after deposit with the U.S. Mail,
if mailed by registered or certified mail (return receipt


                                      -13-
<PAGE>



requested), (c) one business day after the business day of timely deposit with a
recognized national courier service for next day delivery (or two business days
after such deposit if timely deposited for second business day delivery) or (d)
one business day after delivery by facsimile transmission with a copy by U.S.
Mail, if sent via facsimile plus mail copy (with acknowledgement of complete
transmission), to the parties as follows:

<TABLE>
         <S>                          <C>
         If to the Company:           TechTeam Global, Inc.
                                      27335 West 11 Mile Road
                                      Southfield, MI  48034
                                      Attention:      William F. Coyro, Jr.
                                                      President and Chief Executive Officer
                                      Fax:  (248) 357-0510

         With copies to:              TechTeam Global, Inc.
                                      27335 West 11 Mile Road
                                      Southfield, MI  48034
                                      Attention:      Michael A. Sosin, Esq.
                                                      General Counsel and Secretary
                                      Fax:  (248) 357-0510

                                      And

                                      Foley & Lardner
                                      330 North Wabash Avenue
                                      Suite 3300
                                      Chicago, IL  60611
                                      Attention:  Todd B. Pfister, Esq.
                                      Fax:  (312) 755-1925

         To Investor                  ChrysCapital II, LLC
                                      Third Floor,  Les Cascades
                                      Edith Cavell Street
                                      Port Louis, Mauritius
                                      Attention: Fareed Soreefan
                                      Fax:  011-230-211-1000

         With a copies to:            ChrysCapital Investment Advisors
                                      285 Hamilton Avenue, Suite 240
                                      Palo Alto, CA 94301
                                      Attention: Brahmal Vasudevan
                                      Fax: (650) 752-0890
</TABLE>




                                      -14-
<PAGE>


<TABLE>
         <S>                          <C>
                                      and

                                      Pillsbury Winthrop LLP
                                      2550 Hanover Street
                                      Palo Alto, CA 94304
                                      Attention:  Kerry T. Smith
                                      Fax:  (650) 233-4545
</TABLE>

or to such other address as such party may designate by written notice to the
other party in accordance with the provisions of this Section.

         6.8 Expenses. Each party will bear its own expenses related to this
Agreement and the transactions contemplated herein.

         6.9 Attorneys' Fees; Arbitration.

         (a) Subject to Section 6.9(b) hereof, if any action at law or in equity
is necessary to enforce or interpret the terms of this Agreement, the prevailing
party shall be entitled to recover its reasonable attorneys' fees, costs and
disbursements in addition to any other relief to which such party may be
entitled.

         (b) Any dispute, controversy or claim arising out of or relating to
this Agreement shall be resolved in the following manner:

             (i) within thirty (30) days of written notice that there is such a
dispute, controversy or claim, the parties to the dispute shall meet at the
principal office of the Company, if such principal office is in the United
States in an effort to reach an amicable settlement;

             (ii) if the dispute, controversy or claim has not been resolved
within sixty (60) days of the initial written notice using the procedure
contemplated by subparagraph (i) hereof, the matter shall be resolved by three
arbitrators in accordance with the American Arbitration Association Commercial
Arbitration rules except that (A) if the parties to the dispute can agree on a
single arbitrator within sixty (60) days of the initial written notice, the
matter shall be resolved by one arbitrator, and (B) if the parties cannot agree
on a single arbitrator, to the extent possible under the American Arbitration
Association Commercial Arbitration rules, the arbitrators will be individuals
suggested by or acceptable to the parties to the arbitration. The tribunal shall
hold a preliminary meeting with the parties within thirty (30) days of the
appointment of the arbitrator, if there is a single arbitrator, or the third or
presiding arbitrator, if there are three arbitrators, for the purpose of
determining the issues to be decided in the arbitration, the specific procedures
to be followed and the schedule for briefing and/or hearings. The tribunal shall
hold a hearing and, within one hundred twenty (120) days of the preliminary
meeting (except in extraordinary cases), issue an award in writing which shall
state the reasons for the award. Judgment on an arbitral award may be entered by
any court of competent jurisdiction, or application may be made to such a court
for judicial acceptance of the award and any appropriate order including
enforcement.

         6.10 Amendments and Waivers. Any term of this Agreement may be amended
and the observance of any term of this Agreement may be waived (either generally
or in a particular


                                      -15-
<PAGE>


instance and either retroactively or prospectively), only with the written
consent of the Company and the Investor.

         6.11 Severability. If one or more provisions of this Agreement are held
to be unenforceable under applicable law, such provision shall be excluded from
this Agreement and the balance of this Agreement shall be interpreted as if such
provision were so excluded and shall be enforceable in accordance with its
terms.

         6.12 Rights of the Investor. The Investor shall have the absolute right
to exercise or refrain from exercising any right or rights that it may have by
reason of this Agreement or any Shares, including without limitation the right
to consent to the waiver of any obligation of the Company under this Agreement
and to enter into an agreement with the Company for the purpose of modifying
this Agreement or any agreement effecting any such modification, and the
Investor shall not incur any liability to any other holder or holders of the
Shares with respect to exercising or refraining from exercising any such right
or rights.

                     [REMAINDER OF PAGE INTENTIONALLY BLANK]





                                      -16-
<PAGE>


         IN WITNESS WHEREOF, the parties have executed this Agreement as of the
date first above written.

                                        COMPANY:
                                        -------

                                        TECHTEAM GLOBAL, INC.


                                        By:      /s/ William F. Coyro, Jr.
                                           -------------------------------------
                                                  William F. Coyro, Jr.
                                           President and Chief Executive Officer


                                        INVESTOR:
                                        --------

                                        CHRYSCAPITAL II, LLC



                                        By:         /s/ Rubina Toorawa
                                           -------------------------------------

                                        Name:          Rubina Toorawa
                                             -----------------------------------

                                        Title:             Director
                                              ----------------------------------




                                      -17-