Document:

JOINT VENTURE AGREEMENT

*** denotes information for which the issuer is requesting confidential
treatment

This JOINT VENTURE AGREEMENT (the "Agreement") is made and entered into as of
this 29th day of December 2005 by and between GLOBETEL WIRELESS CORP., a
Florida corporation, with offices located at 9050 Pines Blvd., Suite 110,
Pembroke Pines, Florida, United States of America ("GlobeTel"), and LLC
INTERNAFTA, a Russian limited liability company, with offices located at ***,
Nahabino, Moscow region, Russia ("RP").

                                   RECITALS:

A.     GlobeTel is in the business of providing systems and network wireless
telecommunications and broadband and has rights to certain intellectual
property in such regard.

B.     RP has capital to provide for the construction of wireless networks
utilizing GlobeTel products and intellectual property.

C.     The parties wish to enter into this Agreement to realize their mutual
goals and objectives.

NOW, THEREFORE, in consideration of the mutual promises contained herein, the
parties agree as follows:

1.     DEFINITIONS.

Capitalized terms used in this Agreement are defined throughout the
Agreement.  Terms not defined herein shall be given their plain English
meaning; provided, however, that those terms, acronyms and phrases known in
the computer software industry which are not defined shall be interpreted in
accordance with their generally accepted industry meaning.

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2.     THE PROJECT.

2.1    NETWORK DEPLOYMENT.  GlobeTel shall use all commercially reasonably
endeavors to deploy and build wireless networks using its know-how in 30
cities located in the Russian Federation (as further described herein, the
"Project").  The wireless network is expected to be generally in keeping with
the description contained in Schedule 2.1.1, with appropriate adjustments.
The 30 cities are tentatively identified on Schedule 2.1.2 (the "Project
Cities") along with the publicly reported population of each city.  The cities
shall be divided into 3 groups (each, a "City Group").  ***  The list of
Project Cities on Schedule 2.1.2 is tentative and preliminary, and the parties
shall in good faith consider deployment in other Russian cities.

2.2      AGREED BUDGET AND RP'S FUNDING.  (a) The agreed budget to deploy and
build wireless networks for each City Group is US$200,000,000 (TWO HUNDRED
MILLION US DOLLARS) for a total aggregate agreed budget for the Project of
US$600,000,000 (SIX HUNDRED MILLION US DOLLARS), which RP shall pay and fund
as provided below.

(b)    RP agrees to make and fund payment to GlobeTel of the US$600,000,000
(SIX HUNDRED MILLION US DOLLARS) in accordance with the following schedule:

         (i)      US$150,000,000 (ONE HUNDRED FIFTY MILLION US DOLLARS) to be
paid on or before *** 2006 (the "Initial Payment").  The Initial Payment shall
be paid into the following account by wire transfer:

***

or to such other bank account as GlobeTel may notify to RP for such purpose.
The Initial Payment can be made under a letter of credit naming GlobeTel as
beneficiary drawn upon a bank approved in advance by GlobeTel.  For the
avoidance of doubt, the Initial Payment can be used by Globetel immediately
for the purpose of the Project in its discretion (subject to Clause 3.3); and

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         (ii)     for each of the three City Groups:

                  (A)     US$75,000,000 (SEVENTY FIVE MILLION US DOLLARS) to
be paid upon installation of 50% of the total radio transmitters planned for
such City Group whether or not any network for any particular city is
completed; and

         (B)      US$75,000,000 (SEVENTY FIVE MILLION US DOLLARS) to be paid
upon installation of at least 95% of the total radio transmitters planned for
such City Group.

With respect to the payments contemplated by this sub-clause (b)(ii)(A) and
(B), no later than the start of work to build the wireless network in each
City Group, RP shall either place in escrow US$150,000,000 in cash under
escrow arrangements approved in advance by GlobeTel or open a letter of credit
in a form approved in advance by GlobeTel naming GlobeTel as beneficiary in
the amount of US$150,000,000 drawn upon a bank approved in advance by GlobeTel
(or use a combination of such arrangements so as to provide in aggregate such
US$150,000,000 financing).  The parties may agree to make payments under this
sub-clause (b)(ii) to GlobeTel via the JVCo.

(c)      Should RP fail to timely make or fund payment as contemplated by
sub-clause (b) above, GlobeTel may elect to terminate this Agreement.  Should
GlobeTel elect not to so terminate this Agreement, RP shall remain obligated
to perform hereunder but shall have no rights hereunder until it fully
performs its obligations under sub-clause (b) above (and upon such
performance, RP shall have rights hereunder as at and from the date of such
performance but, for the avoidance of doubt, RP shall have no rights hereunder
relating to or as otherwise may have arised with reference to the period prior
to such performance).

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(d)      All payments due under this Agreement by RP are to be made in U.S.
dollars, free and clear of any set-off, claim or applicable taxes (with
appropriate gross-up for any taxes deducted or withheld so that GlobeTel
receives the full amount to be paid hereunder).

(e)      GlobeTel may apply such financing as it sees fit in connection with
the Project.  GlobeTel shall not be required to account to RP with respect to
the application of such funding.  Such funding represents both financing for
the purchase of the networks contemplated hereby and consideration and
inducement for GlobeTel's entry into and performance under this Agreement,
including its making available GlobeTel's Intellectual Property hereunder.
For the avoidance of doubt, such payments do not constitute the purchase of
the networks (or any Intellectual Property of GlobeTel (or of its affiliates))
by RP.

(f)      (i)      If the Project fails solely due to the malfunction of the
equipment and Software provided by GlobeTel, then GlobeTel shall return to RP
an amount equal to the Initial Payment by SWIFT wire transfer to such bank
account as RP may notify to GlobeTel for such purpose.  Upon working operation
of the wireless network in any Project City (in full or in part), RP shall
have no right to make any claim under this sub-clause (f)(i).

         (ii)     If the Project fails solely due to the inability of RP to
obtain the requisite Governmental Approvals for a material number of Project
Cities in connection with the initial deployment hereunder, having used all
best efforts to do so, then at any time after June 30, 2006 and before
December 1, 2006, RP may request GlobeTel to pay RP an amount equal to the
Initial Payment less an amount of all losses, liabilities, costs and expenses
incurred, or which may be incurred, by GlobeTel (or any of its affiliates),
including internal management time, in connection with the Project, as
GlobeTel shall calculate.

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2.3      GOVERNMENTAL APPROVALS.  RP shall be solely responsible for the
receipt of all Governmental Approvals needed from time to time in connection
with the deployment, operation and maintenance of the Project.  GlobeTel shall
render all reasonable assistance to RP so that such Governmental Approvals can
be obtained.  For purposes hereof, "Governmental Approval" means any
authorization, consent, approval, license, ruling, permit, certification,
exemption or registration by or with any Governmental Authority, and
"Governmental Authority" means any executive, judicial, legislative,
administrative or other federal, national, state, municipal or local
governmental authority, ministry, department, agency, office, organization or
authority.

2.4      NON-COMPETE.  During the term of this Agreement and for two years
following its termination, RP shall not, and shall ensure that none of its
affiliates, directly or indirectly, offers any product or services or engages
in any activity that competes in whole or part with the products offered or
the activities engaged in by the JV Entities currently or in the future.

2.5      SCOPE OF PROJECT.  GlobeTel may deploy networks in other parts of the
world, and this Agreement only applies to the deployment of the networks in
the Project Cities.  Nothing herein shall be construed to be giving RP rights
to deploy any products of GlobeTel or its affiliates.

3.       JOINT VENTURE ARRANGEMENTS.

3.1      JOINT VENTURE COMPANY.  (a)  The parties expect to structure the
Joint Venture as follows.  GlobeTel shall establish a company (the "JVCo") in
a jurisdiction outside Russia currently expected to be Luxembourg.  The
jurisdiction and corporate form of JVCo is subject to further review by the
parties (including review by their tax and legal advisors).  Upon both the
Initial Payment being made and the initial funding being made under Clause
2.2(b)(ii) (the "Funding Date"), GlobeTel shall promptly procure that RP
receive 50% of the share capital of JVCo entitling it to 50% of any dividends
declared by JVCo from time to time, which may take the form of non-voting
preferred shares of JVCo.  RP shall pay as the purchase price or subscription
price of such shares the par value of such shares.

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(b)      If following full payment to GlobeTel of the US$600,000,000 financing
contemplated by Clause 2.2 it proves to be the case that such financing is
insufficient for GlobeTel to provide the equipment and Software necessary to
complete the deployment of the wireless network in all the Project Cities
(where such deployment is otherwise reasonably practicable), then:  (i)
GlobeTel (or its affiliate) shall provide or procure such further necessary
equipment and transfer such to OpCo (for the avoidance of doubt, without
GlobeTel receiving any equity of a JVCo Entity in return and not involving
significant expenditure by OpCo) or (ii) if GlobeTel is unable to comply with
its obligation under the preceding sub-clause (i), then RP shall fund the
purchase of such necessary equipment and Software by purchasing GlobeTel's
shares in the JVCo at the price of US$25,000,000 (TWENTY FIVE MILLION US
DOLLARS) for each 5% of total Shares transferred, subject to maximum aggregate
purchases under this sub-clause (B)(ii) of US$125,000,000 (ONE HUNDRED TWENTY
FIVE MILLION US DOLLARS) and 25% of total Shares, provided further that the
purpose of such share transfer shall only be to re-allocate dividends to RP
and arrangements shall be made so that GlobeTel retains all voting and other
rights associated with such transferred Shares other than the right to the
dividends declared thereon following transfer.

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3.2      OPERATING COMPANY.  JVCo shall hold 100% of the share capital of a
Russian limited liability company ("OpCo", and together with JVCo, the "JV
Entities").  GlobeTel shall nominate (and may remove and replace) the general
director of OpCo from time to time.  Following the Funding Date, RP may
nominate (and may remove and replace) the second principal officer of OpCo.
OpCo shall have no board of directors and the responsibilities otherwise to be
carried by the board shall be carried out by JVCo as the sole participant.

3.3      INITIAL FUNDING, EQUIPMENT, SOFTWARE.  Following its receipt of the
Initial Payment, GlobeTel (or its affiliate) shall make a capital contribution
of US$50,000,000 (FIFTY MILLION US DOLLARS) either to JVCo or OpCo (in the
case of OpCo either directly or via JVCo), such funds to be applied to the
operating costs.  Provided that RP timely complies with all its obligations
hereunder, GlobeTel (or its affiliate) shall transfer or procure the transfer
(by way of in-kind capital contribution or in other arrangements (not
involving significant expenditure by the JV Entities)) the equipment necessary
for the Project to OpCo (either directly or via the JVCo), the deemed value of
which equipment together with associated know-how and Intellectual Property,
the parties agree (and in no circumstances dispute), is at least US$***),
which equipment shall be transferred in connection with the deployment of the
network in particular Project Cities.  Provided that RP timely complies with
all its obligations hereunder, GlobeTel (or an affiliate thereof) shall
transfer or procure the transfer (by way of in-kind capital contribution or in
other arrangements (not involving significant expenditure by the JV Entities))
the Software necessary for the Project to JVCo, which Software shall then be
made available for use by OpCo (in an arrangement not involving significant
expenditure by OpCo), the deemed value of which Software together with
associated know-how and Intellectual Property, the parties agree (and in no
circumstances dispute), is at least US$***).  OpCo will enter into customer
contracts for use of the network. Costs associated with the operation of the
deployed networks will be the responsibility of OpCo as funded by its
operations.

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3.4      FINANCIAL STATEMENTS.  The parties shall agree on the appointment of
an internationally recognised firm of accountants (being one of the "Big 4"
accounting firms (the "Independent Accountant")), which shall audit the
results of operations of the JV Entities in accordance with US GAAP and/or
IFRS starting with the fiscal year ending December 31, 2006 and, starting in
2007, shall review the quarterly accounts of the JV Entities in accordance
with US GAAP and/or IFRS.

3.5      PROFIT SHARING.  Profits of the joint venture, in the form of
dividends declared by JVCo, shall be shared equally between GlobeTel and RP
provided that RP shall be entitled to no share of profit (and no such
dividends) if it has not fully complied with its obligations under Article 2.
Unless otherwise agreed by the parties, no dividends shall be declared prior
to the substantial completion of the deployment of the Project in all the
Project Cities.  Distribution of profit shall be subject to maintenance of
cash appropriate for the ongoing operations of the Project and the use of
profit for capital expenditure (including upgrades and upkeep of the network)
in connection with the Project.  Such profits may be distributed quarterly on
the basis and upon the preparation of the quarterly accounts of JVCo reviewed
by the Independent Accountant (or, in the case of the fourth quarter and full
financial year, on the basis and upon the preparation of the annual accounts
audited by the Independent Accountant).

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4.       CORPORATE GOVERNANCE.

4.1      GENERAL.  Each JV Entity and the business of the JV Entities shall be
managed in accordance with applicable law, such entity's constitutive
documents and this Agreement.

4.2      THE BOARD.  Promptly  after the Funding Date,  each of GlobeTel and RP
shall use all reasonable  endeavours (so far as possible under  applicable law)
to cause:
(a)      the board of directors of JVCo to consist of four directors, two of
whom shall be designated or nominated by GlobeTel (the "GlobeTel Directors")
and two of whom shall be designated or nominated by RP (the "RP Directors");

(b)      the GlobeTel Directors and the RP Directors to be removed and/or
replaced from the board only pursuant to the instructions of GlobeTel and RP,
respectively;

(c)      in the event of a GlobeTel Director or RP Director resigning or being
removed pursuant to the preceding sub-clause (b), the vacancy to be filled
only by a person nominated by GlobeTel or RP, respectively;

(d)      the board to be required to meet at least once every three months;
the parties agree that meetings whereby directors can communicate with one
another by telephone or video link shall be valid;

(e)      the board to approve all decisions or resolutions and grant consents
only at a duly constituted meeting (for which the requisite quorum shall be
three directors) and by a vote passed with a majority of at least three out of
four of the members of the board;

(f)      that none of the following matters are pursued by a JV Entity without
the prior approval of (or, where shareholder approval is required, the
recommendation of) the board:

         (i) any amendment to the charter, articles or other constitutive
documents of a JV Entity;

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         (ii) any merger, consolidation, recapitalization or other business
combination involving a JV Entity;

         (iii) any voluntary liquidation, administration, bankruptcy,
suspension of payments, composition, arrangement or general assignment for the
benefit of creditors or any other similar matter involving a JV Entity;

         (iv) any agreement by a JV Entity to enter into any joint venture,
profit-sharing or similar arrangement;

         (v)      the declaration or payment of any dividend or other
distribution by a JV Entity;

         (vi)     any increase, decrease or other modification of the equity
capital or the authorization, issuance, repurchase or redemption of any equity
securities or securities convertible into or exchangeable for such securities
by a JV Entity;

         (vii)    any grant or waiver of pre-emptive rights with respect to
any shares or capital stock of a JV Entity or securities exchangeable or
convertible into such shares or capital stock;

         (viii)   the establishment or incorporation of any subsidiary of a JV
Entity; and

         (ix)     any material change in the nature of the business operations
of the JV Entity; and

(g)      in connection with any matter which, under the laws of the
jurisdiction of incorporation of JVCo, is required to be approved by the
shareholders of JVCo, any duly convened shareholders' meeting of JVCo (for
which the requisite quorum shall be shareholders holding in aggregate all
voting shares) to approve all decisions or resolutions and grant consents only
by the unanimous vote of (or after receiving the unanimous approval of) all
the voting shares.

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5.       PROJECT MANAGEMENT.  Each party agrees to appoint and keep in place
during the term of this Agreement one or more project managers (individually,
a "Project Manager") who will allocate such portion of his or her working time
as may be reasonably necessary to facilitate the performance, on a timely
basis and in accordance with any particular project plan, of such party's
obligations under this Agreement or any particular project plan, design or
development specification or other document contemplated hereby.  In addition,
each party will name a project leader (each, a "Project Leader") who will:
(i) be the central point of contact for all matters arising under this
Agreement; (ii) oversee project management and the resource allocations
hereunder; and (iii) have overall responsibility for the facilitation of the
performance of the obligations of the parties contemplated hereby.  The
Project Leader for each respective party shall initially be the following
individuals or their respective designated successors:

RP:           Maxim Chernizov
              c/o Internafta
              ***
              Nahabino, Moscow region
              Russia
              Phone:  ***
              e-mail:  ***

GlobeTel:     Klaus Bonn
              GlobeTel Wireless Europe
              Riemenstr. 30
              74906 Bad Rappenau
              Germany
              Phone:  ***
              Fax:      ***
              e-mail:    ***

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6.       TRANSFER RESTRICTIONS.

6.1      TRANSFERS.  The provisions of this Clause 6 apply in relation to any
Transfer, or proposed Transfer, of Shares in the JV Company (whether ordinary
shares or preferred shares, the "Shares") or any interest in those Shares.
For purposes hereof:

"Change of Control" means, with respect to any party or any Controlling Person
of such party, (i) the sale or other disposition of a Controlling Interest in
such party or Controlling Person, in one or a series of related transactions,
to any person or persons (other than a Controlling Person of such party or any
Subsidiary of such Controlling Person), (ii) the merger or consolidation of
such party or Controlling Person with or into another person or the merger of
another person into such party or Controlling Person with the effect that any
person or persons other than the existing shareholders of such party or
Controlling Person prior to such transaction own or control a Controlling
Interest in the person surviving such merger, or the person resulting from
such consolidation or (iii) the liquidation or dissolution of such party or
Controlling Person.

"Controlling Interest" means the ownership or control, direct or indirect, of
more than fifty percent (50%) of the securities having ordinary voting power
for the election of directors or other governing body of a person or more than
fifty percent (50%) of the partnership or other ownership interest therein
(other than as a limited partner of such person).

"Controlling Person" means, with respect to any person (other than a natural
person), any other person which has a Controlling Interest in such person.

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"Encumbrance" means any mortgage, pledge, lien, charge, assignment,
hypothecation, adverse claim, levy, conditional sale contract, title retention
contract or any other agreement or arrangement which has the same or a similar
effect to grant any of the foregoing.

"Outside Person" means a person that is not a party hereto (or an affiliate
thereof).

"Transfer" means any direct or indirect sale, exchange, transfer (including,
without limitation, any transfer by gift or operation of law, or any transfer
of an economic interest in any derivative security), assignment, distribution
or other disposition, or issuance or creation of any option or any voting
proxy, voting trust or other voting agreement in respect of any person or
instrument (including, without limitation, any of the securities), whether in
a single transaction or a series of related transactions, including without
limitation, (a) the direct or indirect enforcement or foreclosure of any
Encumbrance or (b) any Change of Control.

6.2      RESTRICTION ON TRANSFER.  Except as expressly contemplated by the
terms of this Agreement, no party shall:

(a)      Transfer any Shares;

(b)      grant,  declare,  create or  dispose of any right or  interest  in any
Shares; or

(c)      create or permit to exist any Encumbrance over any Shares.

Any purported Transfer or other disposal of Shares by a party in violation of
this Agreement shall be void and of no effect and shall not operate to
Transfer any interest in the Shares purported to be transferred or otherwise
disposed of to the purported transferee, and such purported transferee shall
have no rights under this Agreement.

6.3      NO TRANSFERS OF PARTIAL HOLDINGS OF SHARES.  No party hereto shall
Transfer any Shares unless it transfers all (and not only part) of the Shares
held by it.

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6.4      INITIAL PERIOD.  Except as permitted in Clause 10.10, no party shall
Transfer any Shares prior to January 1, 2011.

6.5      RIGHT OF FIRST REFUSAL.  (a)  If a party (the "Seller") proposes to
Transfer any Shares to an Outside Person, it may do so only in a Transfer for
cash consideration for all its Shares and the Seller shall first provide the
other party hereto (the "Continuing Shareholder") with a notice of its intent
to transfer such Shares (specifying, with respect to such proposed Transfer,
the name of the proposed transferee (the "Transferee"), the number of Shares
(being all the Shares held by the Seller) and the purchase price per Share
(the "Seller's Notice")) and, for 60 calendar days following the receipt of
such notice, the Continuing Shareholder shall have the exclusive option to
deliver a reply notice (the "Reply Notice") to the Seller setting forth the
irrevocable election of the Continuing Shareholder to require the Seller to
Transfer to the Continuing Shareholder (or its designee) all (and not only
part) of such Shares at the purchase price per Share.

(b)      If there has been a timely election by the Continuing Shareholder to
acquire Shares pursuant to sub-clause (a) above, then the sale of the Shares
shall close at a time and place reasonably acceptable to the Seller and the
Continuing Shareholder; provided that such closing shall not occur more than
10 calendar days after the receipt of all necessary Governmental Approvals (or
if no such approvals are necessary, such closing shall not occur more than 20
calendar days after the date of the Reply Notice).  At such closing, the
Continuing Shareholder will deliver to the Seller the consideration for such
Shares in immediately available funds and the Seller shall deliver to the
Continuing Shareholder the relevant Shares, and all other documents required
to effect the sale of such Shares, free of any Encumbrances.

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(c)      Subject to Clause 6.6, if the Continuing Shareholder does not
exercise its right to buy under sub-clause (b) above, the Seller may Transfer
its Shares to the Transferee at not less than the price per Share (as stated
in the Seller's Notice) provided that the Transfer is completed within 90
calendar days after the Continuing Shareholder does not elect to buy such
Shares.  Any proposed sale of such Shares following such 90-day period shall
be subject to the procedures of this Article 6.

6.6      TAG-ALONG RIGHTS.  (a)  In addition to its right of first refusal
under Clause 6.5, each party shall have, during the 60 calendar days following
the receipt of the Seller's Notice, the option to deliver a reply notice to
the Seller setting forth the irrevocable election of the Continuing
Shareholder to require the Seller to include in such proposed sale (at the
purchase price per Share specified in the Seller's Notice) all (and not only
part) of the Shares held by the Continuing Shareholder, and the Seller shall
not consummate such sale unless all such Shares of the Continuing Shareholder
are included in such sale.

(b)      If there has been a timely election by the Continuing Shareholder to
sell its Shares pursuant to the election contemplated by sub-clause (a) above,
then the Seller shall arrange for the cash consideration to be paid by the
Transferee pursuant to such Transfer to be transferred directly to the
Continuing Shareholder upon delivery by the Continuing Shareholder of such
Shares being sold.  In the event the Seller or the Continuing Shareholder
either fails to deliver its Shares or breaches any representations, warranties
or pre-closing covenants as may be reasonably required by the Transferee and
such breach results in the nonsatisfaction of a condition to the closing of
such sale which the Transferee does not waive, then (i) any non-breaching
party shall be free to sell its Shares to the Transferee without liability to
the breaching party, (ii) the breaching party shall be liable for (and shall
hold any non-breaching party harmless with respect to) such breach and (iii)
any sale shall not limit or waive in any respect any claim, right or cause of
action that any non-breaching party may have against the breaching party in
respect of such breach.

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(c)      Subject to Clause 6.5, if the Continuing Shareholder does not
exercise its right to buy under sub-clause (b) above, the Seller may Transfer
all its Shares to the Transferee at not less than the price per Share (as
stated in the Seller's Notice) provided that the Transfer is completed within
90 calendar days after the Continuing Shareholder does not elect to exercise
its tag-along rights.  Any proposed sale of such Shares following such 90-day
period shall be subject to the procedures of this Article 6.

6.7      NO BENEFIT.  For the avoidance of doubt, no Outside Party (including
any Transferee) shall have any rights under this Agreement.

7.       INTELLECTUAL PROPERTY.

7.1      OWNERSHIP BY GLOBETEL.  For the avoidance of doubt, GlobeTel (or its
affiliates or its or their providers) owns all right, title, and interest in
any Intellectual Property in connection with and/or arising out the Project,
including the networks and all equipment used in the Project, and RP shall
have no ownership interest therein.  The JV Entities shall have no rights or
interest in any Intellectual Property used or developed in connection with
and/or arising out of the Project except as may be expressly provided under
the terms of any contract entered into between a JV Entity and GlobeTel (or
its affiliate).  RP hereby acknowledges, represents and warrants that it has
no Intellectual Property and RP shall not contribute any Intellectual Property
to the Project.  RP further agrees that it shall not (i) use, copy, modify,
create any derivative work of, or include in any other products any
Intellectual Property used in connection with the Project or any portion
thereof or (ii) reverse assemble, decompile, reverse engineer or otherwise
attempt to derive source code (or the underlying ideas, algorithms, structure
or organization) from any such Intellectual Property.  Any Intellectual
Property developed in connection with the Project shall be the property of
GlobeTel (or its designated affiliate).  Accordingly, the JV Entities shall
execute such documents, render such assistance, and take such other action as
GlobeTel may request to apply for, register, perfect, confirm, and protect
GlobeTel's ownership rights, and GlobeTel shall have the exclusive right to
apply for or register any patents, mask work rights, copyrights, and such
other proprietary protections with respect thereto.  For purposes hereof,
"Intellectual Property" means any intellectual property or proprietary rights
in any jurisdiction, whether owned or held for use under license, whether
registered or unregistered, including such rights in and to: (i) copyrights,
trademarks and pending trademark applications, trade dress, service marks,
certification marks, logos, trade names, brand names, corporate names, assumed
names, business names and domain names; (ii) issued patents and pending patent
applications, utility models, industrial designs, patents of
importation/confirmation, certificates of invention, certificates of
registration and like statutory rights, inventions, invention disclosures,
discoveries and improvements, whether patentable or not; (iii) works of
authorship; (iv) trade secrets, business, technical and know-how information,
non-public information and confidential information and rights to limit the
use or disclosure thereof by any person; and (v) computer software, data
files, source and object codes, user interfaces, manuals, databases and other
specifications and documentation (collectively, "Software").

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7.2      GLOBETEL MARKS.  GlobeTel may elect to license the use of its
trademarks, trade names and branding to the JV Entities in accordance with
GlobeTel's international practice from time to time.

8.       CONFIDENTIALITY; PUBLICITY.

8.1    NON-DISCLOSURE.  Unless otherwise agreed to in writing by the parties,
each of the parties agrees to, and agrees to cause its respective affiliates,
accountants, attorneys, consultants and all other representatives to, keep and
hold in confidence and not use to the detriment of the other party or its
affiliates, this Agreement and any information acquired pursuant to this
Agreement or in connection with any of the transactions contemplated hereby,
including the business of the joint venture contemplated hereby, unless such
information is:  (a) publicly available; (b) necessary in making any filing or
obtaining any consent or approval required for the consummation of the
transactions contemplated hereby; (c) otherwise required to be disclosed by
any Governmental Authority (including tax authorities), stock exchange,
self-regulatory organization or applicable law; (d) disclosed to the
professional advisers of such Party who are informed of this confidentiality
undertaking; or (e) disclosed in connection with an assignment permitted
hereunder.

8.2      RETURN OR DESTRUCTION OF CONFIDENTIAL INFORMATION.  Upon written
demand by a party (the "Disclosing Party"), that has disclosed proprietary
confidential information pursuant to this Agreement and in any event upon
termination of this Agreement, the party receiving such information (the
"Receiving Party") shall:  (i) cease using such confidential information; (ii)
return such confidential information and all copies, notes or extracts thereof
to the Disclosing Party within seven (7) days of receipt of demand; and (iii)
upon request of the Disclosing Party, certify in writing that the Receiving
Party has complied with the obligations set forth in this paragraph.

                                       17
<PAGE>

8.3      PUBLICITY.  The parties may by mutual consent agree to issue a joint
press release describing the collaboration of the parties.  The parties shall
also consult regularly during the term of the Agreement and issue, as and when
appropriate, such further press releases and/or other publicity materials as
may be appropriate.  The contents of any press releases issued by the parties
shall be subject to the approval of each party, which approval shall not be
unreasonably withheld or delayed.

9.       REPRESENTATIONS AND WARRANTIES.

9.1      RP'S REPRESENTATIONS AND WARRANTIES.  RP represents and warrants to
GlobeTel as follows:

(a)      RP has all requisite right, power and authority and full legal
capacity to execute and deliver this Agreement, to carry out its obligations
hereunder and to consummate the transactions contemplated hereby.  The
execution, delivery and performance by RP of this Agreement, and the
consummation by RP of the transactions contemplated hereby, have been duly
authorized by RP, and no other proceedings (corporate or otherwise) on the
part of RP are necessary to authorize the execution and delivery by RP of this
Agreement or the consummation by RP of the transactions contemplated hereby;

(b)      this Agreement has been duly executed and delivered by RP and
(assuming due and valid authorization, execution and delivery hereof by
GlobeTel) is a valid and binding obligation of RP, enforceable against RP in
accordance with its terms, and, when executed and delivered (and assuming due
and valid authorization, execution and delivery thereof by GlobeTel) will
constitute a valid and binding obligation of RP enforceable against RP in
accordance with its terms except enforcement may be subject to applicable
bankruptcy, insolvency, reorganization, moratorium or other similar laws, now
or hereafter in effect, affecting creditors' rights generally;

                                       18
<PAGE>

(c)      it has sufficient capital to meet its financial and other obligations
hereunder and no Governmental Approvals are required in connection with the
payments contemplated by Clause 2;

(d)      (i) acceptance by GlobeTel of this Agreement, together with the
acceptance of the appropriate remittances of funds as set forth herein will
not breach any applicable rules and regulations designed to avoid money
laundering and (ii) all evidence of the identity of persons provided to
GlobeTel is genuine and all related information furnished is accurate; and

(e)      with reference to the USA PATRIOT Act (including the terms defined
therein):  (i) RP is not a Senior Foreign Political Figure, any member of the
Immediate Family of Senior Foreign Political Figure, or any Close Associate of
a Senior Foreign Political Figure; (ii) RP is not resident in, or organized or
chartered under the laws of, a jurisdiction that has been designated by the
Secretary of the Treasury under Section 311 or 312 of the USA PATRIOT Act as
warranting special measures due to money laundering concerns; and (iii) its
funds do not originate from, nor will they be routed through, an account
maintained at a Foreign Shell Bank, an "offshore bank," or a bank organized or
chartered under the laws of a Non-Cooperative Jurisdiction.

(f)      RP further acknowledges and agrees that any investment, directly or
indirectly, in connection with the Project by or on behalf of the following
persons or entities (each, a "Prohibited Investor") is prohibited and shall
not be allowed by RP:  (i) a person or entity whose name appears on the List
of Specially Designated Nationals and Blocked Persons maintained by the U.S.
Office of Foreign Assets Control ("OFAC"); (ii) a Foreign Shell Bank; (iii) a
person or entity resident in or whose subscription funds are transferred from
or through an account in a Non-Cooperative Jurisdiction; (iv) a person or
entity whose name appears on any other list of prohibited persons and entities
as may be mandated by applicable law or regulation; or (v) a person or entity
whose name appears on any other list of prohibited persons and entities as may
be provided to RP by GlobeTel.  RP represents, warrants and covenants that
neither RP, nor any person controlling, controlled by, or under common control
with RP, nor any person having a beneficial interest in RP, is a Prohibited
Investor, and that RP is not investing and will not invest in the joint
venture and enterprise contemplated hereby on behalf of or for the benefit of
any Prohibited Investor.  RP agrees to promptly notify GlobeTel of any change
in information affecting this representation, warranty and covenant.  RP
acknowledges that if GlobeTel reasonably believes that RP is a Prohibited
Investor, or has otherwise breached any representation, warranty or covenant
hereunder, then GlobeTel may be obligated to cease further performance
hereunder, including an obligation to make no additional investment in
connection with the Project and/or to segregate the assets constituting the
investment hereunder in accordance with applicable regulations, and RP shall
have no claim against GlobeTel (or its principals or affiliates) for any form
of damages or liabilities as a result of any of the aforementioned actions.

                                       19
<PAGE>

(g)      RP further agrees that it shall follow Ethical Practices with respect
to the conduct of its business and of the business of the joint venture
contemplated hereby.  "Ethical Practices" means the practices or procedures
undertaken to ensure that none of RP or any of its shareholders or any of
their respective officers, directors, employees, shareholders or agents take
any action, directly or indirectly, that would result in or would result in
the furtherance of: (i) any offer, payment, promise to pay or authorization of
the payment of any money, or other property, or any gift, promise to give, or
authorization of the giving of anything of value to any government official,
political party, public international organization or official thereof or any
candidate for political office; or (ii) a violation of any applicable laws
regarding corrupt practices.

                                       20
<PAGE>

9.2      GLOBETEL'S REPRESENTATIONS AND WARRANTIES.  GlobeTel represents and
warrants to RP as follows:

(a)      GlobeTel has all requisite right, power and authority and full legal
capacity to execute and deliver this Agreement, to carry out its obligations
hereunder and to consummate the transactions contemplated hereby.  The
execution, delivery and performance by GlobeTel of this Agreement, and the
consummation by GlobeTel of the transactions contemplated hereby, have been
duly authorized by GlobeTel, and no other proceedings (corporate or otherwise)
on the part of GlobeTel are necessary to authorize the execution and delivery
by GlobeTel of this Agreement or the consummation by GlobeTel of the
transactions contemplated hereby; and

(b)      this Agreement has been duly executed and delivered by GlobeTel and
(assuming due and valid authorization, execution and delivery hereof by RP) is
a valid and binding obligation of GlobeTel, enforceable against GlobeTel in
accordance with its terms, and, when executed and delivered (and assuming due
and valid authorization, execution and delivery thereof by RP) will constitute
a valid and binding obligation of GlobeTel enforceable against GlobeTel in
accordance with its terms except enforcement may be subject to applicable
bankruptcy, insolvency, reorganization, moratorium or other similar laws, now
or hereafter in effect. affecting creditors' rights generally.

                                       21
<PAGE>

10.      MISCELLANEOUS.

10.1     TERMINATION.  Following establishment of JVCo, this Agreement shall
terminate automatically (without any action by any party) upon either party
(or its permitted assigns) ceasing to hold any Shares.  Sections 2.2, 2.4 and
2.5 and Articles 7 and 8 and this Article 10 shall survive any expiration or
termination of this Agreement or any project hereunder.

10.2     CONTROLLING LAW.  This Agreement and any action related thereto shall
be governed, controlled, interpreted and defined by and under the laws of
England.

10.3     ARBITRATION.  Except for obtaining relief from a court of competent
jurisdiction in the form of provisional or conservatory measures (including,
without limitation, preliminary injunctions to prevent breaches hereof), to
the extent permitted by applicable law the parties hereto irrevocably agree
that any and all controversies, conflicts or disputes of whatever nature
howsoever arising out of or in connection with, this Agreement (including a
dispute or difference as to the breach, existence, termination or validity of
this Agreement) (each, a "Dispute"), shall (regardless of the nature of the
Dispute) be referred to and finally settled by arbitration at the London Court
of International Arbitration (the "LCIA") under the LCIA Rules (the "Rules")
(which rules are deemed to be incorporated by reference into this Clause 10.3)
by a single arbitrator appointed in accordance with the Rules.  The seat of
arbitration shall be London, England.  In addition to the authority conferred
on the arbitrator by the rules specified above, the arbitrator shall have the
authority to make such orders for interim relief, including injunctive relief,
as he may deem appropriate.  The parties agree that any ruling by the
arbitrator on interim measures shall be deemed to be a final award with
respect to the subject matter thereof and shall be fully enforceable as such.
The procedural law of any reference to arbitration shall be English law.  The
language of arbitration shall be English.  The appointing authority for the
purposes set forth in the Rules shall be the LCIA.  Each party to such
arbitration shall pay legal fees and expenses and other costs incurred in
connection with the arbitration as determined by the arbitrator.  Any award in
connection with the aforementioned arbitration proceeding shall be final,
binding and not subject to appeal, and any judgment upon such award may be
entered and enforced in any court of competent jurisdiction. To the extent
permitted by applicable law, the parties hereby waive all challenge to any
award of an arbitrator under this clause.

                                       22
<PAGE>

10.4     LIMITATION OF LIABILITY.  LIMITATION OF DAMAGES.  EXCEPT FOR BREACH
OF THE OBLIGATIONS OF CONFIDENTIALITY UNDER ARTICLE 8, NEITHER PARTY SHALL BE
LIABLE WITH RESPECT TO ANY SUBJECT MATTER OF THIS AGREEMENT UNDER ANY
CONTRACT, STRICT LIABILITY, NEGLIGENCE OR OTHER LEGAL OR EQUITABLE THEORY FOR
ANY SPECIAL, INCIDENTAL OR CONSEQUENTIAL DAMAGES OR LOST PROFITS, OR COST OF
PROCUREMENT OF SUBSTITUTE GOODS, TECHNOLOGY OR SERVICES.

10.5     EQUITABLE RELIEF.  Each party acknowledges that a breach by the other
party of any confidentiality or proprietary rights provision of this Agreement
may cause the non-breaching party irreparable damage, for which the award of
damages would not be adequate compensation.  Consequently, the non-breaching
party may institute an action to enjoin the breaching party from any and all
acts in violation of those provisions, which remedy shall be cumulative and
not exclusive, and a party may seek the entry of an injunction enjoining any
breach or threatened breach of those provisions, in addition to any other
relief to which the non-breaching party may be entitled at law or in equity.

                                       23
<PAGE>

10.6     FORCE MAJEURE.  Neither party shall be liable to the other for delays
or failures in performance resulting from causes beyond the reasonable control
of that party, including, but not limited to, acts of God, labor disputes or
disturbances, material shortages or rationing, riots, acts of war,
governmental regulations, communication or utility failures, or casualties.

10.7     RELATIONSHIP OF PARTIES.  The parties are independent contractors
under this Agreement and no other relationship is intended, including a
partnership, franchise, agency, employer/employee, fiduciary, master/servant
relationship, or other special relationship.  Neither party shall act in a
manner which expresses or implies a relationship other than that of
independent contractor, nor bind the other party.

10.8     NO THIRD PARTY BENEFICIARIES.  No provision of this Agreement is
intended or shall be construed to confer upon or give to any third party.

10.9     NOTICES.  Any notice required or permitted to be given by either
party under this Agreement shall be in writing and in the English language and
shall be duly given (a) when delivered by hand or by a reputable overnight
mail service (e.g., Federal Express), or (b) when successfully transmitted by
fax (with a confirming copy of such communication to be sent as provided in
the preceding sub-clause(a)), to the Project Manager of the other party.  A
copy of any notice to the Project Manager of GlobeTel shall simultaneously be
sent to the following:

                                       24
<PAGE>

GlobeTel Communications Corp.
9050 Pines Blvd., Suite 110
Pembroke Pines, FL  33024
Attn:  Mr. Timothy Huff

Fax:  (954) 272-0380

Any notice or other communication not received on a business day or received
after 17:00 hours local time on a business day in the city of the recipient
shall be deemed to be received on the next following business day in the city
of the recipient.

10.10    ASSIGNMENT.  Neither party may assign its rights or delegate its
obligations hereunder, either in whole or in part, whether by operation of law
or otherwise, without the prior written consent of the other party.  Any
attempted assignment or delegation without consent will be void.  However,
GlobeTel may assign its rights hereunder to an affiliate of GlobeTel.  The
rights and liabilities of the parties under this Agreement will bind and inure
to the benefit of the parties' respective successors and permitted assigns.

10.11    WAIVER AND MODIFICATION.  Failure by either party to enforce any
provision of this Agreement will not be deemed a waiver of future enforcement
of that or any other provision.  Any waiver, amendment or other modification
of any provision of this Agreement will be effective only if in writing and
signed by the parties.

10.12    SEVERABILITY.  If for any reason a court of competent jurisdiction
finds any provision of this Agreement to be unenforceable, that provision of
the Agreement will be enforced to the maximum extent permissible so as to
effect the intent of the parties (and shall remain enforceable in any other
jurisdiction), and the remainder of this Agreement will continue in full force
and effect.

                                       25
<PAGE>

10.13    HEADINGS.  Headings used in this Agreement are for ease of reference
only and shall not be used to interpret any aspect of this Agreement.

10.14    RUSSIAN TRANSLATION.  The parties may agree on the text of a Russian
translation of this Agreement and execute such translation in one or more
counterparts, for purposes of obtaining any consents of applicable
governmental authorities in connection with the transactions contemplated
hereby, but the English language version shall be controlling for all purposes
and shall govern for purposes of any dispute between the parties which may
arise out of or in connection with this Agreement.

10.15    ENTIRE AGREEMENT.  This Agreement constitutes the entire agreement
between the parties with respect to the subject matter hereof, and supersedes
and replaces all prior and contemporaneous understandings or agreements,
written or oral, regarding such subject matter.

10.16    COUNTERPARTS.  This Agreement may be executed in two counterparts,
each of which shall be an original and together which shall constitute one and
the same instrument.

IN WITNESS WHEREOF, the parties hereto have executed this Agreement by persons
duly authorized as of the date and year first above written.

GLOBETEL WIRELESS CORP.

By:_____________________

Name:

Title:

                                       26
<PAGE>

LLC INTERNAFTA

By:_____________________

Name:  Maxim Chernizov

Title:  General Director

By:_____________________

Name:

Title:  Chief Accountant

[seal]

<PAGE>

                                 Schedule 2.1.1

<PAGE>

                                 Schedule 2.1.2

                                 Project Cities

----------------------------------------------------------
                      Schedule 2.1
----------------------------------------------------------
                     Project Cities
----------------------------------------------------------
                                     Reported
                    City            Population
              ----------------      ----------

1.                 Moscow           12,100,100
2.            Saint Petersburg       4,891,100
3.                  ***                ***
4.                  ***                ***
5.                  ***                ***
6.                  ***                ***
7.                  ***                ***
8.                  ***                ***
9.                  ***                ***
10.                 ***                ***
11.                 ***                ***
12.                 ***                ***
13.                 ***                ***
14.                 ***                ***
15.                 ***                ***
16.                 ***                ***
17.                 ***                ***
18.                 ***                ***
19.                 ***                ***
20.                 ***                ***
21.                 ***                ***
22.                 ***                ***
23.                 ***                ***
24.                 ***                ***
25.                 ***                ***
26.                 ***                ***
27.                 ***                ***
28.                 ***                ***
29.                 ***                ***
30.                 ***                ***Exhibit 10.1

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

                            STOCK PURCHASE AGREEMENT

                          Dated as of December 11, 2005

                                      among

                              SAPIENT CORPORATION,

                       PLANNING GROUP INTERNATIONAL, INC.

                                       and

                            THE SELLERS PARTY HERETO

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

<PAGE>

                                TABLE OF CONTENTS

1.  DEFINITIONS; CERTAIN RULES OF CONSTRUCTION.................................1
2.  PURCHASE AND SALE OF SHARES................................................9
       2.1.     Purchase and Sale of Shares....................................9
       2.2.     Purchase Price................................................10
       2.3.     Fractional Shares.............................................10
       2.4.     The Closing...................................................10
       2.5.     Payments......................................................10
3.  REPRESENTATIONS AND WARRANTIES REGARDING THE COMPANY......................11
       3.1.     Organization; Predecessors....................................11
       3.2.     Power and Authorization.......................................11
       3.3.     Authorization of Governmental Authorities.....................12
       3.4.     Noncontravention..............................................12
       3.5.     Capitalization of the Company.................................12
       3.6.     Financial Statements..........................................13
       3.7.     No Distributions..............................................14
       3.8.     Absence of Undisclosed Liabilities............................14
       3.9.     Absence of Certain Developments...............................14
       3.10.    Debt; Guarantees..............................................15
       3.11.    Assets........................................................15
       3.12.    Accounts Receivable...........................................16
       3.13.    Real Property.................................................16
       3.14.    Equipment.....................................................17
       3.15.    Intellectual Property.........................................17
       3.16.    Legal Compliance; Illegal Payments; Permits...................20
       3.17.    Tax Matters...................................................20
       3.18.    Employee Benefit Plans........................................22
       3.19.    Environmental Matters.........................................24
       3.20.    Contracts.....................................................24
       3.21.    Affiliate Transactions........................................27
       3.22.    Customer and Supplier.........................................27
       3.23.    Citibank Entities.............................................28
       3.24.    Employees.....................................................28
       3.25.    Litigation; Government Orders.................................29
       3.26.    Product Warranties; Defects; Liability........................29
       3.27.    Insurance.....................................................30
       3.28.    Banking Facilities............................................30
       3.29.    Powers of Attorney............................................30
       3.30.    No Brokers....................................................31
       3.31.    Disclosure....................................................31
       3.32.    No Other Representations or Warranties........................31
4.  INDIVIDUAL REPRESENTATIONS AND WARRANTIES OF THE SELLERS..................31
       4.1.     Power and Authorization.......................................31
       4.2.     Authorization of Governmental Authorities.....................31
       4.3.     Noncontravention..............................................31
       4.4.     Title.........................................................32
       4.5.     Purchase Entirely for Own Account.............................32
       4.6.     Investment Experience; Investigation..........................32
       4.7.     Accredited Investor...........................................32
       4.8.     No Brokers....................................................33
       4.9.     Legends.......................................................33

                                      -i-
<PAGE>

5.  REPRESENTATIONS AND WARRANTIES OF THE BUYER...............................33
       5.1.     Organization..................................................33
       5.2.     Power and Authorization.......................................33
       5.3.     Authorization of Governmental Authorities.....................34
       5.4.     Noncontravention..............................................34
       5.5.     SEC Filings; Financial Statements.............................34
       5.6.     Citibank Entities.............................................35
       5.7.     No Knowledge of Breaches......................................35
       5.8.     Investment Experience; Investigation..........................35
       5.9.     No Brokers....................................................36
       5.10.    No Other Representations or Warranties........................36
6.  COVENANTS.................................................................36
       6.1.     Closing.......................................................36
       6.2.     Operation of Business.........................................36
       6.3.     Notices and Consents..........................................37
       6.4.     Buyer's Access to Premises....................................37
       6.5.     Notice of Developments........................................37
       6.6.     Exclusivity...................................................37
       6.7.     Expenses......................................................38
       6.8.     Payment of Indebtedness.......................................38
       6.9.     Sellers' Release..............................................38
       6.10.    Confidentiality...............................................39
       6.11.    Publicity.....................................................39
       6.12.    Noncompetition and Nonsolicitation............................40
       6.13.    Further Assurances............................................40
       6.14.    Employees.....................................................40
       6.15.    Restrictions on Transfer of Stock Consideration...............40
       6.16.    Restricted Stock Unit Grants..................................41
7.  CONDITIONS TO THE BUYER'S OBLIGATIONS AT THE CLOSING......................42
       7.1.     Representations and Warranties................................42
       7.2.     Performance...................................................42
       7.3.     Stock Certificates............................................42
       7.4.     Compliance Certificate........................................42
       7.5.     Qualifications................................................42
       7.6.     Absence of Litigation.........................................42
       7.7.     Legal Opinion.................................................43
       7.8.     Consents, etc.................................................43
       7.9.     Tax Deliveries................................................43
       7.10.    Proceedings and Documents.....................................43
       7.11.    Ancillary Agreements..........................................43
       7.12.    Resignations..................................................43
       7.13.    No Material Adverse Change....................................43
       7.14.    Repayment of Pre-Closing Indebtedness, Etc....................43

                                      -ii-
<PAGE>

8.  CONDITIONS TO THE SELLERS' OBLIGATIONS AT THE CLOSING.....................44
       8.1.     Representations and Warranties................................44
       8.2.     Performance...................................................44
       8.3.     Compliance Certificate........................................44
       8.4.     Qualifications................................................44
       8.5.     Absence of Litigation.........................................44
       8.6.     Legal Opinion.................................................44
       8.7.     Consents, etc.................................................44
       8.8.     Proceedings and Documents.....................................44
       8.9.     Ancillary Agreements..........................................45
       8.10.    No Material Adverse Change....................................45
9.  TERMINATION...............................................................45
       9.1.     Termination of Agreement......................................45
       9.2.     Effect of Termination.........................................46
10. INDEMNIFICATION...........................................................46
       10.1.    Indemnification by the Sellers................................46
       10.2.    Indemnity by the Buyer........................................48
       10.3.    Time for Claims...............................................48
       10.4.    Third Party Claims............................................49
       10.5.    No Circular Recovery..........................................51
       10.6.    Other Limitations.............................................51
       10.7.    Remedies Cumulative...........................................52
       10.8.    Knowledge and Investigation...................................52
       10.9.    Sources of Indemnification for Buyer Indemnified Persons......52
       10.10.   Exclusive Remedy..............................................53
11. TAX MATTERS...............................................................53
       11.1.    S Corporation Matters.........................................53
       11.2.    Tax Indemnification...........................................54
       11.3.    Straddle Period...............................................54
       11.4.    Tax Sharing Agreements........................................55
       11.5.    Certain Taxes and Fees........................................55
       11.6.    Cooperation on Tax Matters....................................55
       11.7.    Preclosing Tax Returns........................................55
12. MISCELLANEOUS.............................................................55
       12.1.    Notices.......................................................55
       12.2.    Succession and Assignment; No Third-Party Beneficiary.........57
       12.3.    Amendments and Waivers........................................57
       12.4.    Provisions Concerning Sellers' Representative.................57
       12.5.    Entire Agreement..............................................58
       12.6.    Schedules; Listed Documents, etc..............................58
       12.7.    Counterparts..................................................58
       12.8.    Severability..................................................59
       12.9.    Headings......................................................59
       12.10.   Construction..................................................59
       12.11.   Governing Law.................................................59
       12.12.   Jurisdiction; Venue; Service of Process.......................59
       12.13.   Waiver of Jury Trial..........................................60

                                     -iii-
<PAGE>

                                    EXHIBITS
                                    --------

1           Employment Agreements
2.1         Shares
2.2.1       Purchase Price Allocation
2.2.2       Form of Escrow Agreement
3.6         Company's Financial Statements
6.16(a)     Restricted Stock Unit Grants
6.16(b)     Forms of Restricted Stock Unit Certificates
7.4         Form of Company/Seller Compliance Certificate
7.7         Form of Legal Opinion
8.3         Form of Buyer Compliance Certificate
8.6         Form of Legal Opinion

                                SCHEDULES
                                ---------

3.1.2       Predecessor Status, etc.
3.3         Authorization of Governmental Authorities
3.4         Effect of Contemplated Transactions
3.5         Capitalization of Company
3.6         Financial Statements
3.9         Absence of Certain Developments
3.10        Debt
3.11        Assets
3.13        Real Property
3.15        Intellectual Property
3.16.1      Legal Compliance
3.16.3      Permits
3.18        Employee Benefit Plans
3.19        Environmental Regulation
3.20        Contracts
3.21        Transactions with Sellers and Their Affiliates
3.22        Customer and Supplier
3.24        Employees
3.25        Litigation
3.26        Product Warranties, Defects; Liability
3.27        Insurance
3.28        Banking Facilities
3.29        Powers of Attorney
4.3         Effect of Contemplated Transactions
4.4         Title
5.3         Authorization of Governmental Authorities
5.4         Effect of Contemplated Transactions
6.8         Payment of Indebtedness
10.1.2      Monetary Limitations

                                      -iv-
<PAGE>

                            STOCK PURCHASE AGREEMENT

     This Stock Purchase Agreement dated as of December 11, 2005 (as amended or
otherwise modified, the "Agreement") is among Sapient Corporation, a Delaware
corporation (the "Buyer"), Planning Group International, Inc., a Florida
corporation (the "Company"), and each Person that has signed this Agreement as a
"Seller" (collectively, the "Sellers").

                                    RECITALS

     WHEREAS, the Sellers are the record and beneficial owners of all of the
outstanding shares of capital stock of the Company (the "Shares"); and

     WHEREAS, the Buyer desires to purchase from the Sellers, and the Sellers
desire to sell to the Buyer, all of the Shares upon the terms and subject to the
conditions set forth in this Agreement.

                                    AGREEMENT

     NOW THEREFORE, in consideration of the premises and mutual promises herein
made, and in consideration of the representations, warranties and covenants
herein contained, the Buyer, the Company and the Sellers hereby agree as
follows:

     1.   DEFINITIONS; CERTAIN RULES OF CONSTRUCTION.

     As used herein, the following terms will have the following meanings:

     "338(h)(10) Election" is defined in Section 11.1.2.

     "1374 Tax" is defined in Section 3.17.11.

     "1933 Act" means the Securities Act of 1933.

     "1934 Act" means the Securities Exchange Act of 1934.

     "Action" means any claim, action, cause of action or suit (whether in
contract or tort or otherwise), litigation (whether at law or in equity, whether
civil or criminal), controversy, assessment, arbitration, investigation,
hearing, charge, complaint, demand, notice or proceeding to, from, by or before
any Governmental Authority.

     "Affiliate" means, with respect to any specified Person at any time, (a)
each Person directly or indirectly controlling, controlled by or under direct or
indirect common control with such specified Person at such time, (b) each Person
who is at such time an officer or director of, or direct or indirect beneficial
holder of at least 20% of any class of the Equity Interests of, such specified
Person, (c) each Person that is managed by a common group of executive officers
and/or directors as such specified Person, (d) the Members of the Immediate
Family (i) of each officer, director or holder described in clause (b) and (ii)
if such specified Person is an individual, of such specified Person and (e) each
Person of which such specified Person or an Affiliate (as defined in clauses (a)
through (d)) thereof will, directly or indirectly, beneficially own at least 20%
of any class of Equity Interests at such time.

<PAGE>

     "Agreement" is defined in the Preamble.

     "Ancillary Agreements" means the certificates delivered pursuant to
Sections 7.4 and 8.3, the Employment Agreements, the Escrow Agreement and the
noncompetition/nonsolicitation agreements signed by each of Gaston Legorburu,
Carter Norris and Patrick MacDougall.

     "Assets" is defined in Section 3.11.1.

     "Audited Financials" is defined in Section 3.6.1(a).

     "Business" means the business of the Company as such business is currently
conducted.

     "Business Day" means any weekday other than a weekday on which banks in New
York City are authorized or required to be closed.

     "Buyer" is defined in the Preamble.

     "Buyer Common Stock" means the common stock, $.01 par value per share, of
the Buyer.

     "Buyer Indemnified Person" is defined in Section 10.1.1.

     "Buyer SEC Reports" is defined in Section 5.5(a).

     "Cash Consideration" is defined in Section 2.2.1(a).

     "Citibank Entities" means Citibank, N.A. or any of its Affiliates.

     "Class A Common Stock" means the Company's Class A voting common stock.

     "Class B Common Stock" means the Company's Class B non-voting common stock.

     "Closing" is defined in Section 2.4.

     "Closing Date" means the date on which the Closing actually occurs.

     "Code" means the U.S. Internal Revenue Code of 1986.

     "Common Stock" means the Class A Common Stock and the Class B Common Stock.

     "Company" is defined in the Preamble.

     "Company Plan" is defined in Section 3.18.2.

     "Company Software" means Owned Software and Licensed Software.

                                      -2-
<PAGE>

     "Company Technology" means any and all Technology owned by the Company,
licensed by the Company from a third party or otherwise used by the Company in
connection with the Business.

     "Compensation" means, with respect to any Person, all salaries,
compensation, remuneration, bonuses or benefits of any kind or character
whatever (including issuances or grants of Equity Interests), made directly or
indirectly by the Company to such Person or Affiliates of such Person.

     "Contemplated Transactions" means, collectively, the transactions
contemplated by this Agreement, including (a) the sale and purchase of the
Shares and (b) the execution, delivery and performance of the Ancillary
Agreements.

     "Contractual Obligation" means, with respect to any Person, any contract,
agreement, deed, mortgage, lease, license, commitment, promise, undertaking,
arrangement or understanding, whether written or oral and whether express or
implied, or other document or instrument (including any document or instrument
evidencing or otherwise relating to any Debt,) to which or by which such Person
is a party or otherwise subject or bound or to which or by which any property,
business, operation or right of such Person is subject or bound.

     "Debt" means, with respect to any Person, all obligations (including all
obligations in respect of principal, accrued interest, penalties, fees and
premiums) of such Person (a) for borrowed money (including overdraft
facilities), (b) evidenced by notes, bonds, debentures or similar Contractual
Obligations, (c) for the deferred purchase price of property, goods or services
(other than trade payables or accruals incurred in the Ordinary Course of
Business), (d) under capital leases (in accordance with GAAP), (e) in respect of
letters of credit and bankers' acceptances, (f) for Contractual Obligations
relating to interest rate protection, swap agreements and collar agreements and
(g) in the nature of Guarantees of the obligations described in clauses (a)
through (f) above of any other Person.

     "Disclosed Contract" is defined in Section 3.20.2.

     "Employee Plan" is defined in Section 3.18.1.

     "Employment Agreements" means the employment agreements between the Buyer
and each of Gaston Legorburu, Carter Norris, Patrick MacDougall and Carey Feick,
substantially in the respective forms attached hereto as Exhibit 1.

     "Encumbrance" means any charge, claim, community or other marital property
interest, condition, equitable interest, lien, license, option, pledge, security
interest, mortgage, right of way, easement, encroachment, servitude, right of
first offer or first refusal, buy/sell agreement and any other restriction or
covenant with respect to, or condition governing the use, construction, voting
(in the case of any security or equity interest), transfer, receipt of income or
exercise of any other attribute of ownership.

     "Enforceable" means, with respect to any Contractual Obligation stated to
be Enforceable by or against any Person, that such Contractual Obligation is a
legal, valid and binding obligation of such Person enforceable by or against
such Person in accordance with its terms, except to the extent that enforcement
of the rights and remedies created thereby is subject to bankruptcy, insolvency,
reorganization, moratorium and other similar laws of general application
affecting the rights and remedies of creditors and to general principles of
equity (regardless of whether enforceability is considered in a proceeding in
equity or at law).

                                      -3-
<PAGE>

     "Environmental Laws" means any Legal Requirement relating to (a) releases
or threatened releases of Hazardous Substances, (b) pollution or protection of
public health or the environment or worker safety or health or (c) the
manufacture, handling, transport, use, treatment, storage, or disposal of
Hazardous Substances.

     "Equipment" is defined in Section 3.14.

     "Equity Interests" means (a) any capital stock, share, partnership or
membership interest, unit of participation or other similar interest (however
designated) in any Person and (b) any option, warrant, purchase right,
conversion right, exchange rights or other Contractual Obligation which would
entitle any Person to acquire any such interest in such Person or otherwise
entitle any Person to share in the equity, profit, earnings, losses or gains of
such Person (including stock appreciation, phantom stock, profit participation
or other similar rights).

     "ERISA" means the federal Employee Retirement Income Security Act of 1974.

     "Escrow Agent" and "Escrow Agreement" are defined in Section 2.2.2.

     "Expense Adjustment" is defined in Section 6.7(a).

     "Facilities" means any buildings, plants, improvements or structures
located on the Real Property.

     "Final Allocation" is defined in Section 11.1.4.

     "Final Termination Date" is defined in Section 9.1(b).

     "Financials" is defined in Section 3.6.1(b).

     "GAAP" means generally accepted accounting principles in the United States
as in effect from time to time.

     "Government Order" means any order, writ, judgment, injunction, decree,
stipulation, ruling, determination or award entered by or with any Governmental
Authority.

     "Governmental Authority" means any United States federal, state or local or
any foreign government, or political subdivision thereof, or any multinational
organization or authority or any authority, agency or commission entitled to
exercise any administrative, executive, judicial, legislative, police,
regulatory or taxing authority or power, any court or tribunal (or any
department, bureau or division thereof), or any arbitrator or arbitral body.

                                      -4-
<PAGE>

     "Guarantee" means, with respect to any Person, (a) any guarantee of the
payment or performance of, or any contingent obligation in respect of, any Debt
or other Liability of any other Person, (b) any other arrangement whereby credit
is extended to any obligor (other than such Person) on the basis of any promise
or undertaking of such Person (i) to pay the Debt or other Liability of such
obligor, (ii) to purchase any obligation owed by such obligor, (iii) to purchase
or lease assets under circumstances that are designed to enable such obligor to
discharge one or more of its obligations or (iv) to maintain the capital,
working capital, solvency or general financial condition of such obligor and (c)
any liability as a general partner of a partnership or as a venturer in a joint
venture in respect of Debt or other obligations of such partnership or venture.

     "Hazardous Substance" is defined in Section 3.19.

     "Indemnified Party" means, with respect to any Indemnity Claim, the party
asserting such claim under Section 10.1 or 10.2, as the case may be.

     "Indemnifying Party" means, with respect to any Indemnity Claim, the Buyer
or one or more Sellers under Section 10.1 or 10.2, as the case may be, against
whom such claim is asserted.

     "Indemnity Claim" means a claim for indemnity under Section 10.1 or 10.2,
as the case may be.

     "Intellectual Property" means:

               (a) patents, copyrights, mask work rights and invention rights;

               (b) trademarks, trade names, service marks, service names,
          brands, trade dress and logos, and the goodwill and activities
          associated therewith;

               (c) domain names, rights of privacy and publicity, moral rights,
          and proprietary rights of any kind or nature, however denominated,
          throughout the world in all media now known or hereafter created;

               (d) any and all registrations, applications, recordings,
          licenses, common-law rights and Contractual Obligations relating to
          any of the foregoing; and

               (e) all Actions and rights to sue at law or in equity for any
          past or future infringement or other impairment of any of the
          foregoing, including the right to receive all proceeds and damages
          therefrom, and all rights to obtain renewals, continuations, divisions
          or other extensions of legal protections pertaining thereto.

     "Interim Financials" is defined in Section 3.6.1(b).

     "Legal Requirement" means any United States federal, state or local or
foreign law, statute, standard, ordinance, code, rule, regulation, resolution or
promulgation, or any Government Order, or any license, franchise, permit or
similar right granted under any of the foregoing, or any similar provision
having the force or effect of law.

                                      -5-
<PAGE>

     "Liability" means, with respect to any Person, any liability or obligation
of such Person whether known or unknown, whether asserted or unasserted, whether
determined, determinable or otherwise, whether absolute or contingent, whether
accrued or unaccrued, whether liquidated or unliquidated, whether incurred or
consequential, whether due or to become due and required under GAAP to be
accrued on the financial statements of such Person.

     "Liability Policies" is defined in Section 3.27.

     "Licensed Software" means all Software that is owned by any third party and
that is licensed to and used by the Company in the conduct of its business.

     "Licenses" is defined in Section 3.15.6.

     "Losses" is defined in Section 10.1.1.

     "Material Adverse Effect" means any change in, or effect on, the Business,
operations, Assets or condition (financial or otherwise) of the Company which,
when considered either individually or in the aggregate together with all other
adverse changes or effects with respect to which such phrase is used in this
Agreement, is, or is reasonably likely to be, materially adverse to the
Business, operations, Assets or condition (financial or otherwise) of the
Company, taken as a whole; provided that none of the following shall constitute
a Material Adverse Effect: (a) changes in general business or economic
conditions in the United States or any foreign countries in which the Company
conducts business, (b) changes in national or international political or social
conditions, (c) changes in financial, banking, or securities markets in the
United States or any foreign countries where the Company conducts business, in
each case which do not have a disproportionate impact on the Company or (d) the
taking of any action contemplated by this Agreement and the Ancillary
Agreements.

     "Members of the Immediate Family" means, with respect to any individual,
(a) such Person's spouse, (b) each parent, brother, sister or child of such
Person or such Person's spouse, (c) the spouse of any Person described in clause
(b) above, (d) each child of any Person described in clauses (a), (b) or (c)
above, (e) each trust created solely for the benefit of one or more of the
Persons described in clauses (a) through (d) above and (f) each custodian or
guardian of any property of one or more of the Persons described in clauses (a)
through (e) above in his capacity as such custodian or guardian.

     "Most Recent Balance Sheet" is defined in Section 3.6.1(a).

     "Most Recent Balance Sheet Date" is defined in Section 3.6.1(a).

     "Ordinary Course of Business" means an action taken by any Person in the
ordinary course of such Person's business which is consistent with the past
customs and practices of such Person (including past practice with respect to
quantity, amount, magnitude and frequency, standard employment and payroll
policies and past practice with respect to management of working capital) which
is taken in the ordinary course of the normal day-to-day operations of such
Person.

     "Organizational Documents" means, with respect to any Person (other than an
individual), (a) the certificate or articles of incorporation or organization
and any joint venture, limited liability company, operating or partnership
agreement and other similar documents adopted or filed in connection with the
creation, formation or organization of such Person and (b) all by-laws, voting
agreements and similar documents, instruments or agreements relating to the
organization or governance of such Person, in each case, as amended or
supplemented.

                                      -6-
<PAGE>

     "Owned Software" means all Software used by the Company in the conduct of
its business that is owned or purported to be owned by the Company.

     "Permits" means, with respect to any Person, any license, franchise,
permit, consent, approval, right, privilege, certificate or other similar
authorization issued by, or otherwise granted by, any Governmental Authority or
any other Person to which or by which such Person is subject or bound or to
which or by which any property, business, operation or right of such Person is
subject or bound.

     "Permitted Encumbrance" means (a) statutory liens for current Taxes,
special assessments or other governmental charges not yet due and payable or the
amount or validity of which is being contested in good faith by appropriate
proceedings and for which appropriate reserves have been established in
accordance with GAAP, (b) mechanics', materialmen's, carriers', workers',
repairers' and similar statutory liens arising or incurred in the Ordinary
Course of Business which liens have not had and are not reasonably likely to
have a Material Adverse Effect, (c) zoning, entitlement, building and other land
use regulations imposed by governmental agencies having jurisdiction over any
Real Property which are not violated in any material respect by the current use
and operation of the Real Property, (d) deposits or pledges made in connection
with, or to secure payment of, worker's compensation, unemployment insurance,
old age pension programs mandated under applicable Legal Requirements or other
social security, (e) covenants, conditions, restrictions, easements,
encumbrances and other similar matters of record affecting title to but not
adversely affecting current occupancy or use of the Real Property in any
material respect and (f) restrictions on the transfer of securities arising
under federal and state securities laws.

     "Person" means any individual or corporation, association, partnership,
limited liability company, joint venture, joint stock or other company, business
trust, trust, organization, Governmental Authority or other entity of any kind.

     "Pre-Closing Tax Period" is defined in Section 11.2.

     "Predecessor" is defined in Section 3.1.2.

     "Products" is defined in Section 3.26.1.

     "Purchase Price" is defined in Section 2.2.1.

     "Real Property" is defined in Section 3.13.1.

     "Real Property Leases" is defined in Section 3.13.1.

     "Representative" means, with respect to any Person, any director, officer,
employee, agent, consultant, advisor, or other representative of such Person,
including legal counsel, accountants, and financial advisors.

                                      -7-
<PAGE>

     "Restricted Stock Unit" means a right to acquire shares of Buyer Common
Stock, such rights to be granted in accordance with and subject to the terms of
the Buyer's 1998 Stock Incentive Plan and the Restricted Stock Unit
Certificates.

     "Restricted Stock Unit Certificates" is defined in Section 6.16.

     "RSU Grants" is defined in Section 6.16.

     "SEC" is defined in Section 4.7.

     "Section 338 Forms" is defined in Section 11.1.3.

     "Section 409A" is defined in Section 3.18.10.

     "Seller" and "Sellers" are defined in the Preamble.

     "Seller Indemnified Person" is defined in Section 10.2.1.

     "Sellers' Knowledge" means the knowledge of the Sellers, each of whom will
be deemed to have knowledge of all such matters as he or she would have
discovered, had he or she made reasonable inquiries.

     "Sellers' Representative" means Gaston Legorburu, as representative for the
Sellers.

     "Shares" is defined in the recitals to this Agreement.

     "Software" means computer software or firmware in any form, including but
not limited to computer instructions, commands, programs, modules, routines,
procedures, rules, libraries, macros, algorithms, tools, and scripts, and all
documentation of or for any of the foregoing, but does not include commercially
available, off-the-shelf software programs, provided that the Company is a
licensee thereof and in material compliance with the terms of such license.

     "Stock Consideration" is defined in Section 2.2.1(b).

     "Straddle Period" is defined in Section 11.3.

     "Subsidiary" means, with respect to any specified Person, any other Person
of which such specified Person will, at the time, directly or indirectly through
one or more Subsidiaries, (a) own at least 50% of the outstanding capital stock
(or other shares of beneficial interest) entitled to vote generally, (b) hold at
least 50% of the partnership, limited liability company, joint venture or
similar interests or (c) be a general partner, managing member or joint
venturer.

     "Tax" or "Taxes" means (a) any and all federal, state, local, or foreign
income, gross receipts, license, payroll, employment, excise, severance, stamp,
occupation, premium, windfall profits, environmental, customs duties, capital
stock, franchise, profits, withholding, social security (or similar, including
FICA), unemployment, disability, real property, personal property, sales, use,
transfer, registration, value added, alternative or add-on minimum, estimated,
or other tax of any kind or any charge of any kind in the nature of (or similar
to) taxes whatsoever, including any interest, penalty, or addition thereto,
whether disputed or not and (b) any liability for the payment of any amounts of
the type described in clause (a) of this definition as a result of being a
member of an affiliated, consolidated, combined or unitary group for any period,
as a result of any tax sharing or tax allocation agreement, arrangement or
understanding, or as a result of being liable for another Person's taxes as a
transferee or successor, by contract or otherwise.

                                      -8-
<PAGE>

     "Tax Purchase Price" is defined in Section 11.1.4.

     "Tax Return" means any return, declaration, report, claim for refund or
information return or statement relating to Taxes, including any schedule or
attachment thereto, and including any amendment thereof.

     "Technology" means all inventions, works, discoveries, innovations,
know-how, information (including ideas, research and development, formulas,
compositions, processes and techniques, data, designs, drawings, specifications,
customer and supplier lists, pricing and cost information, business and
marketing plans and proposals, documentation and manuals), Software, firmware,
computer hardware, integrated circuits and integrated circuit masks, electronic,
electrical and mechanical equipment and all other forms of technology, including
improvements, modifications, works in process, derivatives or changes, whether
tangible or intangible, embodied in any form, whether or not protectible or
protected by any Intellectual Property right or otherwise, and all documents and
other materials recording any of the foregoing.

     "Termination Date" is defined in Section 9.1.

     "Third Party Claim" is defined in Section 10.4.1.

     "Threshold Amount" is defined in Section 10.1.2.

     "Transaction Expenses" is defined in Section 6.7.

     "Treasury Regulations" means the regulations promulgated under the Code.

Except as otherwise explicitly specified to the contrary, (a) references to a
Section, Article, Exhibit or Schedule means a Section or Article of, or Schedule
or Exhibit to this Agreement, unless another agreement is specified, (b) the
word "including" will be construed as "including without limitation," (c)
references to a particular statute or regulation include all rules and
regulations thereunder and any predecessor or successor statute, rules or
regulation, in each case as amended or otherwise modified from time to time, (d)
words in the singular or plural form include the plural and singular form,
respectively and (e) references to a particular Person include such Person's
successors and assigns to the extent not prohibited by this Agreement.

     2.   PURCHASE AND SALE OF SHARES.

          2.1. Purchase and Sale of Shares. At the Closing, subject to the terms
     and conditions of this Agreement, each Seller will sell, transfer and
     deliver to the Buyer, and the Buyer will purchase from such Seller, the
     Shares set forth opposite such Seller's name on Exhibit 2.1.

                                      -9-
<PAGE>

          2.2. Purchase Price.

               2.2.1 Purchase Price. The aggregate consideration for all of the
          Shares in the Company will be forty million dollars ($40,000,000.00)
          less the Expense Adjustment (the "Purchase Price"). The Purchase Price
          shall be paid as follows:

                    (a) Cash Consideration. Thirty-one million five hundred
               thousand dollars ($31,500,000) less seventy-five percent (75%) of
               the Expense Adjustment in cash (the "Cash Consideration") payable
               to the Sellers and allocated among the Sellers as set forth on
               Exhibit 2.2.1; and

                    (b) Stock Consideration. Such number of shares of Buyer
               Common Stock equal to the result obtained by dividing (i) eight
               million five hundred thousand dollars ($8,500,000) less
               twenty-five percent (25%) of the Expense Adjustment by (ii) the
               average of the daily volume-weighted average price per share
               (rounded to the nearest cent) of Buyer Common Stock as reported
               by the NASDAQ National Market over the five trading days
               immediately prior to the trading day before the Closing Date (the
               "Stock Consideration"), with such shares allocated among such
               Sellers as set forth on such Exhibit 2.2.1.

               2.2.2 Definitions. For purposes of this Agreement, the term
          "Escrow Agreement" means the Escrow Agreement between the Buyer, the
          Sellers' Representative, the Sellers and JPMorgan Chase Bank N.A., as
          escrow agent (the "Escrow Agent"), substantially in the form of
          Exhibit 2.2.2.

          2.3. Fractional Shares. No fractional shares of Buyer Common Stock
     shall be issued pursuant to this Agreement. In lieu of fractional shares,
     each recipient of Buyer Common Stock who would otherwise have been entitled
     to a fraction of a share of Buyer Common Stock hereunder shall receive,
     without interest, an amount in cash (rounded to the nearest whole cent)
     determined by multiplying such fraction by the applicable price per share
     of Buyer Common Stock used to calculate the number of shares of Buyer
     Common Stock to be issued. The cash value of any such fractional shares
     will be delivered to the beneficial owners of the Stock Consideration to
     which such fractional interest relates at the Closing Date.

          2.4. The Closing. The purchase and sale of the Shares (the "Closing")
     will take place at the offices of Ropes & Gray LLP at One International
     Place, Boston, Massachusetts 02110 on January 2, 2006. If on or prior to
     such date the conditions set forth in Sections 7 and 8 have not been
     satisfied or waived by the Buyer or Sellers' Representative, respectively,
     subject to termination as set forth in Section 9, the Closing shall take
     place on such other date, not later than the fifth Business Day following
     the satisfaction of such conditions, as the Buyer and the Sellers'
     Representative may agree in writing. Except as otherwise provided in
     Section 9, the failure to consummate the purchase and sale provided for in
     this Agreement on the date and time and at the place specified herein will
     not relieve any party to this Agreement of any obligation under this
     Agreement.

          2.5. Payments. At the Closing, the Buyer will deliver

                                      -10-
<PAGE>

               2.5.1 To each person listed on Exhibit 2.2.1, the Cash
          Consideration (by wire transfer of immediately available federal funds
          to the accounts furnished by the Sellers) against delivery to the
          Buyer of certificates evidencing the Shares duly endorsed (or
          accompanied by duly executed stock transfer powers). Each Seller will
          furnish his or her account information to the Buyer in writing not
          fewer than two Business Days prior to the scheduled Closing Date.

               2.5.2 To the Escrow Agent, on behalf of the Sellers, the Stock
          Consideration. Buyer shall cause such Stock Consideration to be
          registered in the name of the owners of the Stock Consideration as set
          forth on Exhibit 2.2.1. The Buyer will deliver the Stock Consideration
          to the Escrow Agent on the Closing Date.

     3. REPRESENTATIONS AND WARRANTIES REGARDING THE COMPANY.

     In order to induce the Buyer to enter into and perform this Agreement and
to consummate the Contemplated Transactions, the Company and each Seller hereby
jointly and severally represent and warrant to the Buyer as follows:

          3.1. Organization; Predecessors.

               3.1.1 Organization. The Company is (a) duly organized, validly
          existing and in good standing under the laws of the jurisdiction of
          its organization and (b) is duly qualified to do business and in good
          standing in each jurisdiction in which it owns or leases Real Property
          and in each other jurisdiction in which the failure to so qualify has
          not had, and is not reasonably likely to have, a Material Adverse
          Effect. The Company has no Subsidiaries. The Sellers have delivered to
          the Buyer true, accurate and complete copies of (x) the Organizational
          Documents of the Company and (y) the minute books of the Company which
          contain records of all meetings held of, and other corporate actions
          taken by, its stockholders, Boards of Directors and any committees
          appointed by its Boards of Directors; provided, however, that such
          documents shall be deemed to have been -------- ------- delivered to
          Buyer if Seller makes them available for Buyer's review in the
          "electronic data room."

               3.1.2 Predecessors. Schedule 3.1.2 sets forth a list of (a) any
          Person that has ever merged with or into the Company, (b) any Person a
          majority of whose capital stock (or similar outstanding ownership
          interests) or Equity Interests has ever been acquired by the Company,
          (c) any Person all or substantially all of whose assets have ever been
          acquired by the Company and (d) any prior names of the Company or any
          Person described in clauses (a) through (c) (each such Person, a
          "Predecessor").

          3.2. Power and Authorization.

               3.2.1 Contemplated Transaction. The execution, delivery and
          performance by the Company of this Agreement and each Ancillary
          Agreement to which it is (or will be) a party and the consummation by
          the Company of the Contemplated Transactions are within the corporate
          power and authority of the Company and have been duly authorized by
          all necessary corporate action on the part of the Company. This
          Agreement and each Ancillary Agreement to which the Company is (or
          will be) a party (a) has been (or, in the case of Ancillary Agreements
          to be entered into at or prior to the Closing, will be) duly executed
          and delivered by the Company and (b) is (or, in the case of Ancillary
          Agreements to be entered into at or prior to the Closing, will be) a
          legal, valid and binding obligation of the Company, Enforceable
          against the Company in accordance with its terms.

                                      -11-
<PAGE>

               3.2.2 Conduct of Business. The Company has the full corporate
          power and authority necessary to own and use its Assets and carry on
          the Business.

          3.3. Authorization of Governmental Authorities. Except as disclosed on
     Schedule 3.3, no action by (including any authorization, consent or
     approval), or in respect of, or filing with, any Governmental Authority is
     required for, or in connection with, the valid and lawful (a)
     authorization, execution, delivery and performance by the Company of this
     Agreement and each Ancillary Agreement to which it is (or will be) a party
     or (b) the consummation of the Contemplated Transactions by the Company,
     except any filing with, any Governmental Authority, which if not obtained
     would not have a Material Adverse Effect or hinder or delay the
     confirmation of the Contemplated Transactions.

          3.4. Noncontravention. Except as disclosed on Schedule 3.4, neither
     the execution, delivery and performance by the Company or any Seller of
     this Agreement or any Ancillary Agreement to which he, she or it is (or
     will be) a party nor the consummation of the Contemplated Transactions
     will:

               (a) assuming the taking of any action by (including any
          authorization, consent or approval), or in respect of, or any filing
          with, any Governmental Authority, in each case, as disclosed on
          Schedule 3.3, violate any Legal Requirement applicable to the Company;

               (b) result in a breach or violation of, or default under, any
          material Contractual Obligation of the Company;

               (c) require any action by (including any authorization, consent
          or approval) or in respect of (including notice to), any Person under
          any material Contractual Obligation of the Company;

               (d) result in the creation or imposition of an Encumbrance upon,
          or the forfeiture of, any material Asset; or

               (e) result in a breach or violation of, or default under, the
          Organizational Documents of the Company.

          3.5. Capitalization of the Company.

               3.5.1 Outstanding Capital Stock. As of the date of this
          Agreement, the entire authorized capital stock of the Company is as
          set forth on Schedule 3.5. The Company's Class A and Class B Common
          Stock are its only classes of capital stock. All of the outstanding
          shares of Common Stock have been duly authorized, validly issued, and
          are fully paid and non-assessable. The Company has not violated the
          1933 Act, any state "blue sky" or securities laws, any other similar
          Legal Requirement or any preemptive or other similar rights of any
          Person in connection with the issuance or redemption of any of its
          capital stock.

                                      -12-
<PAGE>

               3.5.2 Ownership. The Company holds no shares of Common Stock in
          its treasury. All of the outstanding Equity Interests of the Company
          are held of record and beneficially owned by the Persons and in the
          respective amounts set forth on Schedule 3.5. The Sellers have
          delivered to the Buyer true, accurate and complete copies of the stock
          ledger of the Company which reflects all issuances, transfers,
          repurchases and cancellations of shares of its Common Stock; provided,
          however, that such ledger shall be deemed to have been delivered if
          Seller makes it available for Buyer's review in the "electronic data
          room."

               3.5.3 Encumbrances, etc. Except as disclosed on Schedule 3.5: (a)
          there are no preemptive rights or other similar rights in respect of
          any Equity Interests of the Company, (b) except as imposed by
          applicable securities laws, there are no Encumbrances on, or other
          Contractual Obligations relating to, the ownership, transfer or voting
          of any Equity Interests, or otherwise affecting the rights of any
          holder of the Equity Interests of the Company, (c) except for the
          Contemplated Transactions, there is no Contractual Obligation, or
          provision in the Organizational Documents of the Company which
          obligates it to purchase, redeem or otherwise acquire, or make any
          payment (including any dividend or distribution) in respect of, any
          Equity Interests of the Company and (d) there are no existing rights
          with respect to registration under the 1933 Act of any Equity
          Interests of the Company.

          3.6. Financial Statements.

               3.6.1 Financial Statements. Attached as Exhibit 3.6 are copies of
          each of the following:

                    (a) the audited balance sheet of the Company as at December
               31, 2004 (respectively, the "Most Recent Balance Sheet," and the
               "Most Recent Balance Sheet Date") and the related audited
               statement of income, cash flow and changes in stockholders'
               equity of the Company for the fiscal year then ended, and the
               audited balance sheet of the Company as at December 31, 2003 and
               the related audited statement of income, cash flow and changes in
               stockholders' equity of the Company for the period of April 1,
               2003 through December 31, 2003, accompanied in each case by any
               notes thereto and the report of Berenfeld Spritzer Schecter &
               Sheer, P.A. (collectively, the "Audited Financials"); and

                    (b) the unaudited balance sheet of the Company as at
               September 30, 2005 and the related unaudited statement of income,
               cash flow and changes in stockholders' equity of the Company for
               the nine months then ended (the "Interim Financials," and
               together with the Audited Financials, collectively the
               "Financials").

               3.6.2 Compliance with GAAP, etc. Except as disclosed on Schedule
          3.6, the Financials (including any notes thereto) (a) have been
          prepared in accordance with GAAP, consistently applied (subject, in
          the case of the unaudited Financials, to normal year-end audit
          adjustments, the effect of which will not, in the aggregate, be
          materially adverse and the absence of notes that, if presented, would
          not differ materially from those included in the Most Recent Audited
          Financials) and (b) fairly present in all material respects the
          financial position of the Company as at the respective dates thereof
          and the results of the operations of the Company for the respective
          periods covered thereby.

                                      -13-
<PAGE>

          3.7. No Distributions. Since November 2, 2005, the Company has not
     (i)made any declaration, setting aside or payment of any dividend or other
     distribution with respect to, or any repurchase, redemption or other
     acquisition of, any Common Stock or (ii) except as disclosed on Schedule
     3.21 or in an amount not exceeding $5,000.00 in the aggregate, entered
     into, or performed, any transaction with, or for the benefit of, any Seller
     or any Affiliate of any Seller.

          3.8. Absence of Undisclosed Liabilities. The Company has no
     Liabilities except for (a) Liabilities set forth on the face of the Most
     Recent Balance Sheet and (b) Liabilities incurred in the Ordinary Course of
     Business since the Most Recent Balance Sheet Date (none of which results
     from, arises out of, or relates to any breach or violation of, or default
     under, a Contractual Obligation or Legal Requirement).

          3.9. Absence of Certain Developments. Since the Most Recent Balance
     Sheet Date, the Business has been conducted in the Ordinary Course of
     Business and, except for the matters disclosed on Schedule 3.9 (which
     matters have not had, and are not reasonably likely to have, a Material
     Adverse Effect):

               (a) the Company has not (i) amended its Organizational Documents,
          (ii) amended any term of its outstanding Equity Interests or other
          securities or (iii) issued, sold, granted, or otherwise disposed of,
          its Equity Interests or other securities;

               (b) the Company has not become liable in respect of any Guarantee
          nor has it incurred, assumed or otherwise become liable in respect of
          any Debt in the aggregate in excess of $50,000, except for borrowings
          in the Ordinary Course of Business under credit facilities in
          existence on the Most Recent Balance Sheet Date;

               (c) the Company has not permitted any of its material Assets to
          become subject to an Encumbrance other than a Permitted Encumbrance;

               (d) the Company has not (i) made any declaration, setting aside
          or payment of any dividend or other distribution with respect to, or
          any repurchase, redemption or other acquisition of, any of its Equity
          Interests or (ii) except in an amount not exceeding $5,000.00 in the
          aggregate, entered into, or performed, any transaction with, or for
          the benefit of, any Seller or any Affiliate of any Seller;

               (e) there has been no material loss, destruction, damage or
          eminent domain taking (in each case, whether or not insured) affecting
          the Business or any material Asset;

               (f) the Company has not increased the Compensation payable or
          paid, whether conditionally or otherwise, to (i) any employee,
          consultant, independent contractor or agent, other than in the
          Ordinary Course of Business, (ii) any director or officer or (iii) any
          Seller or any Affiliate of any Seller;

                                      -14-
<PAGE>

               (g) the Company has not entered into any Contractual Obligation
          providing for the employment or consultancy of any Person on a
          full-time, part-time, consulting or other basis (other than in the
          Ordinary Course of Business) or any officer or director or otherwise
          providing Compensation or other benefits to any employee or consultant
          (other than in the Ordinary Course of Business) or any officer or
          director;

               (h) the Company has not made any change in its pricing policies,
          payment or credit practices or failed to pay any creditor any amount
          owed to such creditor when due or granted any extensions of credit
          other than in the Ordinary Course of Business;

               (i) the Company has not made, changed or revoked any material Tax
          election, elected or changed any method of accounting for Tax
          purposes, settled any Action in respect of Taxes or entered into any
          Contractual Obligation in respect of Taxes with any Governmental
          Authority;

               (j) the Company has not terminated or closed any Facility,
          business or operation;

               (k) the Company has not adopted any Employee Plan or, except in
          accordance with terms thereof as in effect on the Most Recent Balance
          Sheet Date, increased any benefits under any Employee Plan;

               (l) the Company has not written up or written down any of its
          material Assets or revalued its inventory;

               (m) the Company has not entered into any Contractual Obligation
          to do any of the things referred to elsewhere in this Section 3.9; and

               (n) no event or circumstance has occurred which has had, or is
          reasonably likely to have, a Material Adverse Effect.

          3.10. Debt; Guarantees. The Company has no Liabilities in respect of
     Debt except as set forth on Schedule 3.10. For each item of Debt, Schedule
     3.10 correctly sets forth the debtor, the principal amount of the Debt as
     of the date of this Agreement (or with respect to capital leases, the dates
     set forth on Schedule 3.10) the creditor, the maturity date and the
     collateral, if any, securing the Debt. The Company has no Liability in
     respect of a guarantee of any Liability of any other Person.

          3.11. Assets.

               3.11.1 Ownership of Assets. The Company has sole and exclusive,
          good and marketable title to, or, in the case of property held under a
          lease or other Contractual Obligation, a sole and exclusive,
          Enforceable leasehold interest in, or right to use, all of its
          material properties, rights and assets, whether real or personal and
          whether tangible or intangible, including all Assets reflected in the
          Most Recent Balance Sheet or acquired after the Most Recent Balance
          Sheet Date (except for such Assets which have been sold or otherwise
          disposed of since the Most Recent Balance Sheet Date in the Ordinary
          Course of Business ) (collectively, the "Assets"). Except as disclosed
          on Schedule 3.11, none of the Assets is subject to any Encumbrance
          other than Permitted Encumbrances.

                                      -15-
<PAGE>

               3.11.2 Assets Used to Conduct the Business. The Assets comprise
          all of the assets, properties and rights of every type and
          description, whether real or personal, tangible or intangible, used to
          conduct the Business.

               3.11.3 Investments. The Company does not control, directly or
          indirectly, or own any direct or indirect Equity Interests in any
          Person.

          3.12. Accounts Receivable. All accounts and notes receivable reflected
     on the Most Recent Balance Sheet have arisen in the Ordinary Course of
     Business, represent legal, valid, binding and enforceable obligations to
     the Company and, subject only to consistently recorded reserves for bad
     debts in a manner consistent with past practice, have been, or will be,
     collected or are, or will be, collectible in the aggregate recorded amounts
     thereof in accordance with their terms and, to the Sellers' Knowledge, are
     not and will not be subject to any contests, claims, counterclaims or
     setoffs. All accounts and notes receivable arising subsequent to the Most
     Recent Balance Sheet Date and on or prior to the Closing Date have arisen,
     or will arise, in the Ordinary Course of Business, represent or will
     represent legal, valid, binding and enforceable obligations to the Company
     and, subject only to consistently recorded reserves for bad debts in a
     manner consistent with past practice, have been, or will be, collected or
     are, or will be, collectible in the aggregate recorded amounts thereof in
     accordance with their terms and, to the Sellers' Knowledge, will not be
     subject to any contests, claims, counterclaims or setoffs.

          3.13. Real Property.

               3.13.1 The Company does not own any Real Property. Schedule 3.13
          describes each leasehold interest in real property leased, subleased
          by, licensed or with respect to which a right to use or occupy has
          been granted to or by the Company (the "Real Property"), and specifies
          the lessor(s) of such leased property and identifies each lease or any
          other Contractual Obligation under which such property is leased (the
          "Real Property Leases"). Except as described on Schedule 3.13 there
          are no written or oral subleases, licenses, concessions, occupancy
          agreements or other Contractual Obligations granting to any other
          Person the right of use or occupancy of the Real Property and there is
          no Person (other than any lessor(s) of leased Real Property) in
          possession of the leased Real Property. With respect to each Real
          Property Lease that is a sublease, to the Sellers' Knowledge, the
          representations and warranties set forth in Sections 3.20.2 and 3.20.3
          are true and correct with respect to the underlying lease.

               3.13.2 The Company is not obligated to pay any leasing or
          brokerage commission as a result of the Contemplated Transaction.
          There is no pending or, to Sellers' Knowledge, threatened eminent
          domain taking affecting any of the Real Property. The Sellers have
          delivered to the Buyer true, correct and complete copies of the Real
          Property Leases including all amendments, modifications, notices or
          memoranda of lease thereto and all estoppel certificates or
          subordinations, non-disturbance and attornment agreements related
          thereto.

                                      -16-
<PAGE>

               3.13.3 To Sellers' Knowledge, none of the Facilities currently
          existing on the Real Property encroaches upon, and any Facilities
          under construction on the Real Property will not encroach upon, the
          real property of any other Person. To Sellers' Knowledge, no facility
          of any other Person encroaches upon the Real Property. Each parcel of
          Real Property abuts on and has direct vehicular access to a public
          road, to the extent necessary for the conduct of the Business as
          presently conducted.

               3.13.4 Neither the Company nor, to the Sellers' Knowledge, any
          other party to any Real Property Lease is in material breach or
          material violation of, or default under, or has repudiated any
          provision of, any Real Property Lease.

          3.14. Equipment. Except for any such failure which would not have a
     Material Adverse Effect, the tangible personal property other than
     inventory included in the Assets (the "Equipment") (a) is adequate and
     suitable in all material respects for its present use, (b) is in good
     working order, operating condition and state of repair (normal wear and
     tear excepted), (c) to Sellers' Knowledge has no defects (whether patent or
     latent), and (d) has been maintained in accordance with normal industry
     practice.

          3.15. Intellectual Property.

               3.15.1 The Company owns or has the right to use all material
          Company Technology.

               3.15.2 Neither the Company nor any Predecessor (a) has interfered
          with, infringed upon, misappropriated, or otherwise come into conflict
          with any Intellectual Property rights of third parties or (b) has
          received any charge, complaint, claim, demand, or notice alleging any
          such interference, infringement, misappropriation, or violation
          (including any claim that a Person must license or refrain from using
          any Intellectual Property rights of any third party in connection with
          the conduct of the Business or the use of the Company Technology). No
          third party has interfered with, infringed upon, misappropriated, or
          otherwise come into conflict with any Company Intellectual Property
          right in and to any Company Technology.

               3.15.3 Schedule 3.15 identifies (a) all registered Intellectual
          Property which has been issued to the Company, (b) each pending
          application for registration of Intellectual Property Rights which the
          Company has made with respect to any Company Technology, (c) each
          Contractual Obligation which the Company or any Seller has granted to
          any third party with respect to any of (a) or (b) above and (d) each
          Contractual Obligation which the Company or any Seller has granted to
          any third party with respect to Company Technology that is not
          included in (a) or (b) above. True, accurate and complete copies of
          all such registrations, applications and Contractual Obligations, in
          each case, as amended, or otherwise modified and in effect, have been
          made available to the Buyer, as well as true, accurate and complete
          copies of all other written documentation evidencing ownership and
          prosecution (if applicable) of each such item. Each such registration
          is valid and subsisting. Schedule 3.15 also identifies each trade
          name, trade dress and unregistered trademark or service mark used by
          the Company or in connection with the Business or the Company
          Technology.

                                      -17-
<PAGE>

               3.15.4 Schedule 3.15 lists all material Company Software and
          identifies which of such Software is owned, licensed, leased, or
          otherwise used, as the case may be, and by or from whom. The Company
          is in actual possession of or has necessary control over: (i) the
          source code and object code for all Software included in the Owned
          Software; and (ii) the object code and, to the extent required for the
          use of the Owned Software, the source code, for all Software included
          in the Licensed Software. The Company is in possession of or has
          necessary control over all documentation (including, without
          limitation, all related engineering specifications, program flow
          charts, installation and user manuals) and know-how required for the
          use and revision of the Owned Software as currently used, or that is
          being designed and/or developed for use, in the business of the
          Company. Except for that Software described on Schedule 3.15, the
          Company Software constitutes all the material Software necessary to
          conduct the business as currently conducted by the Company.

               3.15.5 With respect to each item of Owned Software and each item
          of Intellectual Property listed on Schedules 3.15(a) and (b):

                    (a) the Company possesses all right, title, and interest in
               and to such item, free and clear of any Encumbrance;

                    (b) such item is not subject to any outstanding Government
               Order, and no Action is pending or threatened, which challenges
               the legality, validity, enforceability, use or ownership of such
               item; and

                    (c) except as disclosed on Schedule 3.15, the Company has
               not agreed and does not have a Contractual Obligation to
               indemnify any Person for or against any interference,
               infringement, misappropriation or other conflict with respect to
               such item.

               3.15.6 Schedule 3.15 identifies each item of Company Technology
          that any Person besides the Company owns and that is used by the
          Company or in connection with the Business pursuant to any license,
          sublicense or other Contractual Obligation (the "Licenses"). Except as
          disclosed on Schedule 3.15, there are no royalties for the use of any
          such Company Technology. The Company has made available to the Buyer
          true, accurate and complete copies of all of the Licenses, in each
          case, as amended or otherwise modified and in effect. With respect to
          each such item identified on Schedule 3.15: (a) the Company is not
          subject to any outstanding Government Order with respect to its use of
          such item other than export control restrictions and other generally
          applicable Government Orders, and no Action is pending or threatened
          which challenges the legality, validity or enforceability of the
          Company's right to use such item and (b) none of the Sellers or the
          Company has granted any sublicense or similar right with respect to
          any License covering such item.

                                      -18-
<PAGE>

               3.15.7 The Company has disclosed source code to the Owned
          Software only pursuant to written confidentiality terms that
          reasonably protect the Company's rights in such Owned Software. Except
          as disclosed in accordance with such confidentiality agreements or
          valid source code escrow agreements, no Person (other than Company) is
          in possession of any source code for any of the Owned Software or has
          any rights to the same.

               3.15.8 Except as set forth on Schedule 3.15, the Company is not
          obligated to provide support or maintain any of the Company Software
          except pursuant to agreements terminable by the Company (other than
          for cause) on a periodic basis and that provide for periodic payments
          to the Company for such services. The Owned Software function
          substantially in accordance with its documentation in all material
          respects. During the past three (3) years from the date of this
          Agreement, there have been no failures or disruptions of the Company's
          operation of any Company Software being used by the Company in a live,
          production environment lasting more than one business day.

               3.15.9 None of the Owned Software and, to the Sellers' Knowledge,
          none of the Licensed Software, except as disclosed in the
          documentation for such Software or in any license agreements therefor,
          contain any time bomb, virus, worm, trojan horse, back door, drop dead
          device, or any other Software that would interfere with the normal
          operation of any Company Software, would allow circumvention of
          security controls for the same, or that is intended to cause damage to
          hardware, Software or data.

               3.15.10 The Company maintains policies and procedures regarding
          data security and privacy that are commercially reasonable and, in any
          event, in compliance with all applicable laws and Contractual
          Obligations. To the Sellers' Knowledge, there have been no security
          breaches relating to, violations of any security policy regarding or
          any unauthorized access of any Company data.

               3.15.11 No federal, state, local or other governmental entity nor
          any university, college, or academic institution has rights in Owned
          Software other than pursuant to a valid, nonexclusive license granted
          by the Company.

               3.15.12 All Products made, used, or licensed by the Company under
          any registered patents that are part of the Company Technology are
          properly marked with patent notices. All Products and other materials
          made, used or licensed by the Company that use any restricted
          trademark or service mark that is part of the Company Technology or
          otherwise used by the Company in the Business bear proper trademark
          notices. All works that are part of the Company Technology and are
          provided or published by the Company to third parties are marked with
          proper copyright notices.

               3.15.13 None of the Owned Software constitutes or is dependent on
          any open source computer code, and none of the Owned Software is
          subject to any License or other Contractual Obligation that would
          require the Company to divulge to any Person any source code or trade
          secret that is part of the Owned Software.

                                      -19-
<PAGE>

               3.15.14 The Company's use and dissemination of any and all data
          and information concerning consumers of its products or users of any
          web sites operated by the Company is in compliance with all applicable
          privacy policies, its terms of use, its Contractual Obligations and
          law. The transactions contemplated to be consummated hereunder as of
          the Closing will not violate any of the Company's privacy policies,
          its terms of use, its Contractual Obligations or laws relating to the
          use, dissemination, or transfer of such data or information.

          3.16. Legal Compliance; Illegal Payments; Permits.

               3.16.1 Compliance. The Company is not in breach or violation of,
          or default under, and has not since December 31, 2002 been in breach
          or violation of, or default under:

                    (a) its Organizational Documents nor, to the Sellers'
               Knowledge, is there a basis which could constitute such a breach,
               violation or default;

                    (b) any material Legal Requirement nor, to Sellers'
               Knowledge, is there a basis which could constitute such a breach,
               violation or default, except for breaches, violation or defaults
               (i) disclosed on Schedule 3.16.1 and (ii) which have not had, and
               are not reasonably likely to have, a Material Adverse Effect.
               Matters relating to the Company's Real Property and Employee
               Plans and compliance with Environmental Laws and Tax laws are
               covered elsewhere in this Section 3 and the provisions of this
               Section 3.16.1 do not apply to such matters.

               3.16.2 Intentionally Omitted.

               3.16.3 Permits. The Company has been duly granted all Permits
          under all Legal Requirements necessary for the conduct of the
          Business. Schedule 3.16.3 describes each Permit affecting, or relating
          to, the Assets or the Business together with the Governmental
          Authority or other Person responsible for issuing such Permit. Except
          as disclosed on Schedule 3.16.3, (a) the Permits are valid and in full
          force and effect, (b) the Company is not in breach or violation of, or
          default under, any such Permit, and, to the Sellers' Knowledge, no
          basis exists which, with notice or lapse of time or both, would
          constitute any such breach, violation nor default and (c) the Permits
          will continue to be valid and in full force and effect, on identical
          terms following the consummation of the Contemplated Transactions.
          Matters relating to the Company's Real Property and Environmental
          Matters are more specifically covered elsewhere in this Section 3 and
          the provisions of this Section 3.16.3 do not apply to such matters.

          3.17. Tax Matters.

               3.17.1 The Company has timely filed, or has caused to be timely
          filed on its behalf, all material Tax Returns required to be filed by
          it in accordance with all Legal Requirements. All such Tax Returns
          were true, correct and complete in all respects. All Taxes owed by the
          Company (whether or not shown on any Tax Return) have been timely paid
          in full. No claim has ever been made by an authority in writing (or to
          the Sellers' Knowledge orally) in a jurisdiction where the Company
          does not file Tax Returns that the Company is or may be subject to
          taxation by that jurisdiction, and, to the Sellers' Knowledge, there
          is no basis for any such claim to be made. There are no Encumbrances
          with respect to Taxes upon any Asset other than Permitted Encumbrances
          for current Taxes not yet due and payable or for Taxes the Company is
          contesting in good faith and for which adequate reserves have been
          established in accordance with GAAP.

                                      -20-
<PAGE>

               3.17.2 The Company has deducted, withheld and timely paid to the
          appropriate Governmental Authority all Taxes required to be deducted,
          withheld or paid in connection with amounts paid or owing to any
          employee, independent contractor, creditor, stockholder or other third
          party; each present and former employee and independent contractor of
          the Company has been properly classified and compensated under
          applicable state and federal law; and the Company has complied in all
          material respects with all civil rights, payment of wages, labor,
          employment and benefits law and all reporting and recordkeeping
          requirements relating thereto.

               3.17.3 To the Sellers' Knowledge, there is no dispute, audit,
          investigation, proceeding or claim concerning any Tax Liability of the
          Company pending, being conducted, claimed or raised by a Governmental
          Authority in writing. The Company has provided or made available to
          the Buyer true, correct and complete copies of all Tax Returns,
          examination reports, and statements of deficiencies filed, assessed
          against, or agreed to by the Company for the last three fiscal years
          of the Company.

               3.17.4 The Company has not waived any statute of limitations in
          respect of Taxes or agreed to any extension of time with respect to a
          Tax assessment or deficiency. The Company has not executed any power
          of attorney with respect to any Tax, other than powers of attorney
          that are no longer in force. No closing agreements, private letter
          rulings, technical advice memoranda or similar agreements or rulings
          relating to Taxes have been entered into or issued by any Governmental
          Authority with or in respect of the Company.

               3.17.5 The unpaid Taxes of the Company (a) did not as of the Most
          Recent Balance Sheet Date exceed the reserve for Taxes (excluding any
          reserve for deferred Taxes established to reflect timing differences
          between book and Tax income) set forth on the face of the Most Recent
          Balance Sheet (rather than in any notes thereto) and (b) will not
          exceed that reserve as adjusted for the passage of time through the
          Closing Date in accordance with the past custom and practice of the
          Company in filing its Tax Returns.

               3.17.6 The Company has not made any payments, or has been or is a
          party to any agreement, contract, arrangement or plan that could
          result in it making payments that were or would not be deductible by
          reason of Code Sections 162 or 404.

               3.17.7 The Company has never been a member of an "affiliated
          group" within the meaning of Code Section 1504(a) filing a
          consolidated federal income Tax Return (other than the "affiliated
          group" the common parent of which is the Company). The Company is not
          a party to any Contractual Obligation relating to Tax sharing or Tax
          allocation. The Company has no Liability for the Taxes of any Person
          under Treasury Regulation 1.1502-6 (or any similar provision of state,
          local or foreign law), as a transferee or successor, by contract or
          otherwise.

                                      -21-
<PAGE>

               3.17.8 The Company is not required nor has been required to make
          any adjustment pursuant to Code Section 481(a) (or any predecessor
          provision) or any similar provision of state, local or foreign tax law
          by reason of any change in any accounting methods, or will be required
          to make such an adjustment as a result of the Contemplated
          Transactions, and there is no application pending with any
          Governmental Authority requesting permission for any changes in any of
          its accounting methods for Tax purposes. To the Sellers' Knowledge, no
          Governmental Authority has proposed any such adjustment or change in
          accounting method.

               3.17.9 The Company does not own any property of a character, the
          indirect transfer of which, pursuant to this Agreement, would give
          rise to any documentary, stamp, or other transfer Tax.

               3.17.10 The Company is not a "United States real property holding
          corporation" within the meaning of section 897(c)(2) of the Code.

               3.17.11 The Company has been a validly electing S corporation
          within the meaning of Code sections 1361 and 1362 at all times since
          its formation and the Company will be an S corporation up to and
          including the Closing Date. The Company shall not be liable for any
          Tax under Code ss.1374 or analogous provisions of state or local law
          (the "1374 Tax") in connection with the deemed sale of the Company's
          assets caused by the ss.338(h)(10) Election. Except as set forth on
          Schedule 3.1.2, the Company has not, in the past 10 years, (A)
          acquired assets from another corporation in a transaction in which the
          Company's Tax basis for the acquired assets was determined, in whole
          or in part, by reference to the Tax basis of the acquired assets (or
          any other property) in the hands of the transferor or (B) acquired the
          stock of any corporation that is a qualified subchapter S subsidiary.

          3.18. Employee Benefit Plans.

               3.18.1 For purposes of this Agreement, "Employee Plan" means any
          plan, program, agreement, policy or arrangement, whether or not
          reduced to writing, and whether covering a single individual or a
          group of individuals, that is (a) a welfare plan within the meaning of
          Section 3(1) of ERISA, (b) a pension benefit plan within the meaning
          of Section 3(2) of ERISA, (c) a stock bonus, stock purchase, stock
          option, restricted stock, stock appreciation right or similar
          equity-based plan or (d) any other deferred-compensation, retirement,
          termination, salary continuation, severance, change in control,
          welfare-benefit, bonus, incentive or fringe-benefit plan, program or
          arrangement.

               3.18.2 Schedule 3.18 lists all Employee Plans as to which the
          Company sponsors, maintains, contributes or is obligated to
          contribute, or under which the Company has any Liability and which
          benefits any current or former employee, director, consultant or
          independent contractor of the Company or the beneficiaries or
          dependents of any such Person (each a "Company Plan"). With respect to

                                      -22-
<PAGE>

          each Company Plan, the Company has delivered to the Buyer true,
          accurate and complete copies of each of the following: (a) if the plan
          has been reduced to writing, the plan document together with all
          amendments thereto, (b) if the plan has not been reduced to writing, a
          written summary of all material plan terms, (c) if applicable, copies
          of any trust agreements, custodial agreements, insurance policies,
          administrative agreements and similar agreements, and investment
          management or investment advisory agreements, (d) copies of any
          summary plan descriptions, employee handbooks or similar employee
          communications, (e) in the case of any plan that is intended to be
          qualified under Code Section 401(a), a copy of the most recent
          determination letter from the IRS and any related correspondence, and
          a copy of any pending request for such determination, (f) in the case
          of any funding arrangement intended to qualify as a VEBA under Code
          Section 501(c)(9), a copy of the IRS letter determining that it so
          qualifies and (g) in the case of any plan for which Forms 5500 are
          required to be filed, a copy of the two most recently filed Forms
          5500, with schedules attached.

               3.18.3 Neither the Company nor any other Person that would be
          considered a single employer with the Company under the Code or ERISA
          has ever maintained a plan subject to Title IV of ERISA or Code
          Section 412, including any "multiemployer plan" as defined in Section
          4001(a)(8) of ERISA.

               3.18.4 Each Company Plan that is intended to be qualified under
          Code Section 401(a) is so qualified and is the subject of a favorable
          determination or opinion letter from the IRS on which the Company may
          rely as to all current plan terms (except for any such terms as to
          which no such determination or opinion letter has been received but
          which are the subject of a pending request for such a determination or
          opinion or for which the deadline for requesting such a determination
          or opinion has not yet arrived). Each Company Plan, including any
          associated trust or fund, has been administered in accordance with its
          terms and with applicable Legal Requirements, and nothing has occurred
          with respect to any Company Plan that has subjected or could subject
          the Company to a penalty under Section 502 of ERISA or to an excise
          tax under the Code, or that has subjected or could subject any
          participant in, or beneficiary of, a Company Plan to a tax under Code
          Section 4973. Each Company Plan that is a qualified defined
          contribution plan is an "ERISA Section 404(c) Plan" within the meaning
          of the applicable Department of Labor regulations.

               3.18.5 All required contributions to, and premium payments on
          account of, each Company Plan have been made on a timely basis and, to
          the extent not due, have been appropriately accrued on the books of
          the Company.

               3.18.6 There is no pending or, to the Sellers' Knowledge,
          threatened Action relating to a Company Plan, other than routine
          claims in the Ordinary Course of Business for benefits provided for by
          the Company Plans. No Company Plan is or, within the last six years,
          has been the subject of an examination or audit by a Governmental
          Authority, is the subject of an application or filing under, or is a
          participant in, a government-sponsored amnesty, voluntary compliance,
          self-correction or similar program.

                                      -23-
<PAGE>

               3.18.7 Except as required under Section 601 et seq. of ERISA, no
          Company Plan provides benefits or coverage in the nature of health,
          life or disability insurance following retirement or other termination
          of employment.

               3.18.8 No present or former independent contractor or leased
          employee who provides or provided services to the Company participates
          in or currently receives benefits, or is or ever was eligible to
          receive benefits, under any Company Plan.

               3.18.9 The Contemplated Transactions will not, by themselves or
          together with any other event, cause or result in the payment,
          acceleration or vesting of any payment, right, or benefit under any
          Company Plan, nor is there any contract, plan or arrangement covering
          any present or former employee or director of, or consultant or other
          service provider with respect to, the Company that would give rise to
          any "excess parachute payment" as that term is defined in Section 280G
          of the Code.

               3.18.10 No Company Plan that is a non-qualified deferred
          compensation plan subject to Section 409A of the Code ("Section 409A")
          has been materially modified (as defined under Section 409A) on or
          after October 3, 2004 and all such non-qualified deferred compensation
          plans have been operated in good faith compliance with Section 409A.

          3.19. Environmental Matters. Except as set forth on Schedule 3.19, (a)
     the Company and its Predecessors are, and have been, in compliance with all
     Environmental Laws, except for any failure to comply which would not have a
     Material Adverse Effect, (b) there has been no release or threatened
     release by the Company or any of its Predecessors, or to the Sellers'
     Knowledge by any other Person of any pollutant, petroleum or any fraction
     thereof, contaminant or toxic or hazardous material (including toxic mold),
     substance or waste (each a "Hazardous Substance") on, upon, into or from
     any site currently or heretofore owned, leased or otherwise used by the
     Company or a Predecessor, (c) there have been no Hazardous Substances
     generated by the Company or a Predecessor that have been disposed of or
     come to rest at any site that has been included in any published U.S.
     federal, state or local "superfund" site list or any other similar list of
     hazardous or toxic waste sites published by any Governmental Authority in
     the United States, (d) to the Sellers' Knowledge there are no underground
     storage tanks located on, no PCBs (polychlorinated biphenyls) or
     PCB-containing Equipment used or stored on, and no hazardous waste as
     defined by the Resource Conservation and Recovery Act stored on, any site
     owned or operated by the Company or a Predecessor, except for the storage
     of hazardous waste in compliance with Environmental Laws and (e) the
     Sellers have made available to the Buyer true, accurate and complete copies
     of all material environmental records, reports, notifications, certificates
     of need, permits, pending permit applications, correspondence, engineering
     studies, and environmental studies or assessments, in each case as amended
     and in effect.

                                      -24-
<PAGE>

          3.20. Contracts.

               3.20.1 Contracts. Except as disclosed on Schedule 3.20, the
          Company is not bound by or a party to:

                    (a) any Contractual Obligation (or group of related
               Contractual Obligations) for the Company's purchase of inventory,
               raw materials, commodities, supplies, goods, products, equipment
               or other personal property, or for the Company's receipt of
               services, in each case, the performance of which will extend over
               a period of more than one year or which provides for either an
               aggregate or annual payments by the Company in excess of ten
               thousand dollars ($10,000.00);

                    (b) any Contractual Obligation or group of related
               Contractual Obligations (other than (i) proposals, work orders,
               statements of work, quotes or e-mail confirmations that do not
               vary the material terms of the master services agreement or any
               other comparable arrangement under which they are governed or
               (ii) Contractual Obligations not subject to a master services
               agreement or any other comparable arrangement, provided that such
               Contractual Obligations do not extend for a period more than six
               months) for the Company's sale of inventory, raw materials,
               commodities, supplies, goods, products, equipment or other
               personal property, or for the Company's furnishing of services,
               in each case, the performance of which will extend over a period
               of more than one year or which provide for either an aggregate or
               annual payments to the Company in excess of ten thousand dollars
               ($10,000.00);

                    (c) (i) any capital lease or (ii) any other lease or other
               Contractual Obligation relating to the Equipment providing for
               annual rental payments in excess of two thousand five hundred
               dollars ($2,500.00), under which any Equipment is held or used by
               the Company;

                    (d) any Contractual Obligation, other than Real Property
               Leases or leases relating to the Equipment, relating to the lease
               or license of any Asset, including Technology and Intellectual
               Property (and including all customer license and maintenance
               agreements) that is not included on Schedule 3.15;

                    (e) any Contractual Obligation relating to the acquisition
               or disposition of (i) any business of the Company (whether by
               merger, consolidation or other business combination, sale of
               securities, sale of assets or otherwise) or (ii) any asset other
               than in the Ordinary Course of Business;

                    (f) any Contractual Obligation under which the Company is,
               or may become, obligated to pay any amount in respect of
               indemnification obligations, purchase price adjustment or
               otherwise in connection with any (i) acquisition or disposition
               of assets or securities (other than the sale of inventory in the
               Ordinary Course of Business), (ii) merger, consolidation or other
               business combination or (iii) series or group of related
               transactions or events of the type specified in clauses (i) and
               (ii) above.

                    (g) any Contractual Obligation concerning or consisting of a
               partnership, limited liability company or joint venture
               agreement;

                                      -25-
<PAGE>

                    (h) any Contractual Obligation (or group of related
               Contractual Obligations) (i) under which the Company has created,
               incurred, assumed or guaranteed any Debt in excess of one
               thousand dollars ($1,000.00) or (ii) under which the Company has
               permitted any Asset to become Encumbered;

                    (i) any Contractual Obligation under which any other Person
               has guaranteed any Debt of the Company;

                    (j) any Contractual Obligation relating to confidentiality
               or non-competition (whether the Company is subject to or the
               beneficiary of such obligations), other than Contractual
               Obligations between the Company and any of its employees
               substantially in the form of the Company's Standard
               Confidentiality Agreement attached to Schedule 3.24);

                    (k) any Contractual Obligation under which the Company is,
               or may become, obligated to incur any severance pay or special
               Compensation obligations which would become payable by reason of,
               this Agreement or the Contemplated Transactions;

                    (l) any Contractual Obligation under which the Company is,
               or may, have any Liability to any investment bank, broker,
               financial advisor, finder's agreement or other similar Person
               (including an obligation to pay any legal, accounting, brokerage,
               finder's, or similar fees or expenses in connection with this
               agreement or the Contemplated Transactions);

                    (m) any profit sharing, stock option, stock purchase, stock
               appreciation, deferred compensation, severance, or other plan or
               arrangement for the benefit of the Company's current or former
               directors, officers, and employees;

                    (n) any Contractual Obligation providing for the employment
               or consultancy (including on an independent contractor basis)
               with an individual (or in the case of a consultant or independent
               contractor, an entity) on a full-time, part-time, consulting or
               other basis or otherwise providing Compensation or other benefits
               to any officer, director, employee or consultant (other than an
               Employee Plan);

                    (o) any agency, dealer, distributor, sales representative,
               marketing or other similar agreement;

                    (p) any Contractual Obligation under which the Company has
               advanced or loaned an amount to any of its Affiliates or
               employees other than in the Ordinary Course of Business;

                    (q) any other Contractual Obligation (or group of related
               Contractual Obligations) the performance of which involves
               consideration in excess of ten thousand dollars ($10,000.00) over
               the life of such Contractual Obligation

          The Sellers have delivered to the Buyer true, accurate and complete
          copies of each written Contractual Obligation listed on Schedule 3.20,
          in each case, as amended or otherwise modified and in effect. The
          Sellers have delivered to the Buyer a written summary setting forth
          the terms and conditions of each oral Contractual Obligation listed on
          Schedule 3.20.

                                      -26-
<PAGE>

               3.20.2 Enforceability, etc. To the Sellers' Knowledge, each
          Contractual Obligation required to be disclosed on Schedule 3.10
          (Debt), 3.13 (Real Property Leases), 3.15 (Intellectual Property),
          3.18 (Employee Plans), 3.20 (Contracts), 3.22 (Customers and
          Suppliers) or 3.27 (Insurance) (each, a "Disclosed Contract") is
          Enforceable in all material respects against each party to such
          Contractual Obligation, and is in full force and effect, and, subject
          to obtaining any necessary consents disclosed on Schedule 3.4, will
          continue to be so Enforceable and in full force and effect on
          identical terms following the consummation of the Contemplated
          Transactions.

               3.20.3 Breach, etc. Neither the Company nor, to the Sellers'
          Knowledge, any other party to any Disclosed Contract is in material
          breach or material violation of, or default under, or has repudiated
          any provision of, any Disclosed Contract. Matters relating to the
          Company's Real Property Leases and Illegal Payments, etc. are covered
          in Sections 3.13 and 3.16.2, respectively, and the provisions of this
          Section 3.20.3 do not apply to such matters.

          3.21. Affiliate Transactions. Except for the matters disclosed on
     Schedule 3.21, no Affiliate of any Seller is an officer, director, employee
     or consultant to the Company and no Seller or Affiliate of any Seller is a
     competitor, creditor, debtor, customer, distributor, supplier or vendor of,
     or is a party to any Contractual Obligation with, the Company, which
     relates to an amount in excess of $5,000.00 in the aggregate. Except as
     disclosed on Schedule 3.21, no Seller or any Affiliate of any Seller owns
     any material Asset used in the Business.

          3.22. Customer and Supplier. Schedule 3.22 sets forth a complete and
     accurate list of (a) the ten largest customers of the Company (measured by
     aggregate billings) during the fiscal year ended on the Balance Sheet Date,
     indicating the existing Contractual Obligations with each such Customer by
     product or service provided and (b) the ten largest suppliers of materials,
     products or services to the Company (measured by the aggregate amount
     purchased by the Company) during the fiscal year ended on the Most Recent
     Balance Sheet Date, indicating the Contractual Obligations for continued
     supply from each such supplier. The relationships of the Company with the
     customers and the suppliers required to be listed on Schedule 3.22 are good
     commercial working relationships and none of such customers or the
     suppliers has canceled, terminated or otherwise materially altered
     (including any material reduction in the rate or amount of sales or
     purchases or material increase in the prices charged or paid, as the case
     may be) or notified the Company in writing of any intention to do any of
     the foregoing or, to Sellers' Knowledge, otherwise threatened to cancel,
     terminate or materially alter (including any material reduction in the rate
     or amount of sales or purchases or material increase in the prices charged
     or paid, as the case may be) its relationship with the Company. As of the
     date hereof, to the Sellers' Knowledge, there is no reason to believe that
     there will be any change in the relationships of the Company with the
     Customers and Suppliers as a result of the Contemplated Transactions.

                                      -27-
<PAGE>

          3.23. Citibank Entities. The relationship of the Company with each of
     the Citibank Entities is a good commercial working relationship, and none
     of the Citibank Entities has canceled, terminated or otherwise materially
     altered (including any material reduction in the rate or amount of any
     purchases or material increase in the prices paid) or notified the Company
     in writing of any intention to do any of the foregoing or, to Sellers'
     Knowledge, otherwise threatened to cancel, terminate or materially alter
     (including any material reduction in the rate or amount of any purchases or
     material increase in the prices paid) its relationship with the Company. As
     of the date hereof, to the Sellers' Knowledge, there is no reason to
     believe that there will be any change in the relationship between the
     Company and any of the Citibank Entities as a result of the Contemplated
     Transactions.

          3.24. Employees.

               3.24.1 All current employees of the Company are listed on
          Schedule 3.24. Each current employee of the Company is bound by the
          Company's standard confidentiality agreement, a copy of which is
          attached to Schedule 3.24.

               3.24.2 Schedule 3.24 lists all independent contractors who have
          provided services to the Company from December 31, 2004 through the
          date of this Agreement to whom the Company paid in excess of
          twenty-five thousand dollars ($25,000.00). Each current independent
          contractor is bound by a confidentiality agreement.

               3.24.3 Except as disclosed on Schedule 3.24, there are no labor
          troubles (including any work slowdown, lockout, stoppage, picketing or
          strike) pending, or to the Sellers' Knowledge, threatened between the
          Company, on the one hand, and its employees, on the other hand. Except
          as disclosed on Schedule 3.24, (a) no employee of the Company is
          represented by a labor union, (b) the Company is not a party to, or
          otherwise subject to, any collective bargaining agreement or other
          labor union contract, (c) no petition has been filed or proceedings
          instituted by an employee or group of employees of the Company with
          any labor relations board seeking recognition of a bargaining
          representative and (d) to Sellers' Knowledge there is no
          organizational effort currently being made or threatened by, or on
          behalf of, any labor union to organize employees of the Company and no
          demand for recognition of employees of the Company has been made by,
          or on behalf of, any labor union. No executive officer's or other key
          employee's employment with the Company has been terminated for any
          reason nor has any such officer or employee notified the Company of
          his or her intention to resign or retire since the Most Recent Balance
          Sheet Date.

               3.24.4 No employee, officer, contractor or consultant of the
          Company is obligated under any applicable law or to Sellers' Knowledge
          under any Contractual Obligation of any nature, or to Sellers'
          Knowledge is subject to any judgment, decree or order of any court or
          administrative agency, that would interfere with the use of such
          employee's, officer's, contractor's or consultant's best efforts to
          promote the interests of the Company or that would conflict with the
          Business. To Sellers' Knowledge, the conduct of the Business has not
          and will not, and the consummation of the Contemplated Transactions
          will not, conflict with or result in a breach of the terms, conditions
          or provisions, or constitute a default under any Contractual
          Obligation under which any employee, officer, contractor or consultant
          of the Company is obligated.

                                      -28-
<PAGE>

          3.25. Litigation; Government Orders.

               3.25.1 Litigation. Except as disclosed on Schedule 3.25, (which
          matters have not had, and are not reasonably likely to have, a
          Material Adverse Effect), there is no Action to which the Company is a
          party (either as plaintiff or defendant) or to which its Assets are
          subject pending, or to the Sellers' Knowledge, threatened, which may
          affect the Company or its ownership of, or interest in, any Asset or
          the use or exercise by the Company of any Asset would have a Material
          Adverse Effect. There is no Action to which the Company is a party
          (either as plaintiff or defendant) or to which its Assets are subject
          pending, or to the Sellers' Knowledge, threatened, which (a) in any
          manner challenges or seeks the rescission of, or seeks to prevent,
          enjoin, alter or materially delay the consummation of, or otherwise
          relates to, this Agreement and the Contemplated Transactions, or (b)
          may result in any change in the current equity ownership of the
          Company, nor, to the Sellers' Knowledge, is there any basis for any of
          the foregoing. There is no Action which the Company presently intends
          to initiate.

               3.25.2 Government Orders. No Government Order has been issued
          which is applicable to, or otherwise affects, the Company or its
          Assets or the Business.

          3.26. Product Warranties; Defects; Liability.

               3.26.1 Each product manufactured, sold, leased, licensed,
          delivered or installed by the Company (collectively, the "Products")
          is, and at all times has been, (a) in compliance with all applicable
          Legal Requirements, except for any failure to comply which would not
          have a Material Adverse Effect, (b) fit in all material respects for
          the ordinary purposes for which it is intended to be used and (c)
          materially in conformity with any and all Contractual Obligations,
          express and implied warranties, promises and affirmations of fact made
          by the Company. The Company has no Liability (and, to the Sellers'
          Knowledge, there is no basis for any present or future Action giving
          rise to any Liability) for replacement or repair of any Products or
          other damages in connection with any Products, subject only to the
          reserve for product warranty claims set forth on the face of the Most
          Recent Balance Sheet, as adjusted for the passage of time in
          accordance with GAAP, applied on a basis consistent with the
          principles applied in the preparation of the Most Recent Balance
          Sheet, which reserve is adequate to address all such Liabilities. Each
          Product contains adequate warnings, the content and display of which
          conform with applicable Legal Requirements and current industry
          practice, except for any such failure which would not have a Material
          Adverse Effect. There is no material design defect with respect to any
          Product.

               3.26.2 Except as disclosed on Schedule 3.26, no Product is
          subject to any guaranty, warranty, or other indemnity beyond the
          applicable standard terms and conditions of sale, lease or license.

                                      -29-
<PAGE>

               3.26.3 There is no Action to which the Company is a party
          pending, or to the Sellers' Knowledge, threatened relating to, or
          otherwise involving, alleged material defects in the Products or
          services provided by the Company, or the failure of any such Products
          or services to meet certain material specifications, and, to the
          Sellers' Knowledge, there is no basis for any of the foregoing. Since
          December 31, 2002 there have been no actions against the Company
          relating to, or otherwise involving, alleged defects in the Products
          or services provided by the Company, or the alleged failure of any
          such services or Products to meet certain specifications. The Company
          has no Liability (and, to the Sellers' Knowledge, there is no basis
          for any present or future Action giving rise to any Liability) arising
          out of any injury to any Person or property as a result of any
          services provided by the Company, or the ownership, possession, or use
          of the Products, which Liability would have a Material Adverse Effect.

          3.27. Insurance. Schedule 3.27 sets forth a list of insurance
     policies, including policies by which the Company, or any of its Assets,
     employees, officers or directors or the Business has been insured since
     December 31, 2002 (the "Liability Policies") and, with respect to such
     Liability Policies under which the Company, or any of its Assets,
     employees, officers or directors or the Business is currently insured. The
     list includes for each Liability Policy the policy number and name of
     insurer. The Sellers have made available to the Buyer true, accurate and
     complete copies of all Liability Policies, in each case, as amended or
     otherwise modified and in effect. There are no self-insurance arrangements
     affecting the Company. The Company has since December 31, 2002 maintained
     in full force and effect insurance with respect to its Assets and the
     Business, in such amounts and against such losses and risks as is
     customarily carried by Persons engaged in the same or similar business and
     as is required under the terms of any applicable Real Property Leases or
     other Contractual Obligations. Except as disclosed on Schedule 3.27, no
     insurer (a) has questioned, denied or disputed (or otherwise reserved its
     rights with respect to) the coverage of any claim pending under any
     Liability Policy or (b) to the Sellers' Knowledge has threatened to cancel
     any Liability Policy. Except as disclosed on Schedule 3.27, to the Sellers'
     Knowledge, no insurer plans to raise the premiums for, or materially alter
     the coverage under, any current Liability Policy. Except as disclosed on
     Schedule 3.27, the Company will after the Closing continue to have coverage
     under all of the Liability Policies with respect to events occurring prior
     to the Closing.

          3.28. Banking Facilities. Schedule 3.28 sets forth a true, correct and
     complete list of: (a) each bank, savings and loan or similar financial
     institution with which the Company has an account or safety deposit box or
     other arrangement, and any numbers or other identifying codes of such
     accounts, safety deposit boxes or such other arrangements maintained by the
     Company thereat; (b) the names of all persons authorized to draw on any
     such account or to have access to any such safety deposit box facility or
     such other arrangement; and (c) any outstanding powers of attorney executed
     by or on behalf of the Company.

          3.29. Powers of Attorney. Except as set forth on Schedule 3.28, the
     Company has no general or special powers of attorney outstanding (whether
     as grantor or grantee thereof).

                                      -30-
<PAGE>

          3.30. No Brokers. The Company has no Liability of any kind to, or is
     subject to any claim of, any broker, finder or agent in connection with the
     Contemplated Transactions other than those which will be borne by the
     Sellers.

          3.31. Disclosure. The representations and warranties contained in this
     Section 3 and in the Ancillary Agreements do not contain any untrue
     statement of a material fact or omit to state any material fact necessary
     in order to make the statements and information contained therein not
     misleading.

          3.32. No Other Representations or Warranties. Except for the
     representations and warranties contained in this Section 3 and Section 4
     below, none of the Company, the Sellers or any other Person makes any other
     express or implied representation or warranty on behalf of the Company or
     any Seller.

     4. INDIVIDUAL REPRESENTATIONS AND WARRANTIES OF THE SELLERS.

     Each Seller severally, and not jointly, hereby represents and warrants to
the Buyer, solely as to such Seller, that:

          4.1. Power and Authorization. The execution, delivery and performance
     by such Seller of this Agreement and each Ancillary Agreement to which it
     is (or will be) a party and the consummation of the Contemplated
     Transactions are within the power and authority of such Seller. This
     Agreement and each Ancillary Agreement to which such Seller is (or will be)
     a party (a) has been (or, in the case of Ancillary Agreements to be entered
     into at or prior to the Closing, will be) duly executed and delivered by
     such Seller and (b) is (or in the case of Ancillary Agreements to be
     entered into at or prior to the Closing, will be) a legal, valid and
     binding obligation of such Seller, Enforceable against such Seller in
     accordance with its terms.

          4.2. Authorization of Governmental Authorities. No action by
     (including any authorization, consent or approval), or in respect of, or
     filing with, any Governmental Authority is required for, or in connection
     with, the valid and lawful (a) authorization, execution, delivery and
     performance by such Seller of this Agreement and each Ancillary Agreement
     to which it is (or will be) a party or (b) the consummation of the
     Contemplated Transactions by such Seller, except any filing with any
     Governmental Authority which if not obtained would not have a Material
     Adverse Effect or adversely affect the ability of such Seller to consummate
     the Contemplated Transactions.

          4.3. Noncontravention. Except as disclosed on Schedule 4.3, neither
     the execution, delivery and performance by such Seller of this Agreement or
     any Ancillary Agreement to which such Seller is (or will be) a party nor
     the consummation of the Contemplated Transactions will:

               (a) violate any provision of any Legal Requirement applicable to
          such Seller;

               (b) result in a material breach or material violation of, or
          material default under, any Contractual Obligation of such Seller; or

                                      -31-
<PAGE>

               (c) require any action by (including any authorization, consent
          or approval) or in respect of (including notice to), any Person under
          any material Contractual Obligation.

          4.4. Title. Such Seller is the record and beneficial owner of the
     outstanding Shares set forth opposite such Seller's name on Schedule 4.4,
     and has good and marketable title to such Shares, free and clear of all
     Encumbrances except this Agreement and as are imposed by applicable
     securities laws. Such Seller has full right, power and authority to
     transfer and deliver to the Buyer valid title to the Shares held by such
     Seller, free and clear of all Encumbrances, except as are imposed by
     applicable securities laws. Immediately following the Closing, the Buyer
     will be the record and beneficial owner of such Shares, and have good and
     marketable title to such Shares, free and clear of all Encumbrances except
     as are imposed by applicable securities laws or created by the Buyer.
     Except pursuant to this Agreement, there is no Contractual Obligation
     pursuant to which such Seller has, directly or indirectly, granted any
     option, warrant or other right to any Person to acquire any Shares or other
     equity interests in the Company.

          4.5. Purchase Entirely for Own Account. This Agreement is made with
     such Seller in reliance upon such Seller's representation to the Buyer,
     which by such Seller's execution of this Agreement such Seller hereby
     confirms, that the Stock Consideration and the Restricted Stock Units to be
     received by such Seller, will be acquired for investment for such Seller's
     own account, not as a nominee or agent, and not with a view to the resale
     or distribution of any part thereof in violation of the Securities Act, and
     that such Seller has no present intention of selling, granting any
     participation in, or otherwise distributing the same (this representation
     and warranty not limiting such Seller's right to sell such Restricted Stock
     Units or Buyer Common Stock in compliance with the terms of this Agreement,
     the Restricted Stock Units and applicable federal and state securities
     laws). By executing this Agreement, such Seller further represents that
     such Seller does not have any contract, undertaking, agreement or
     arrangement with any Person to sell, transfer or grant participations to
     such Person or to any third Person, with respect to any of the Stock
     Consideration or the Restricted Stock Units or the underlying shares of
     Buyer Common Stock.

          4.6. Investment Experience; Investigation. Such Seller is able to bear
     the economic risk of full loss of the value of the Restricted Stock Units
     and Buyer Common Stock, as applicable, and has such knowledge and
     experience in financial or business matters that it is capable of
     evaluating the merits and risks of the investment in the Restricted Stock
     Units and Buyer Common Stock, as applicable. Such Seller has had an
     opportunity to discuss the Buyer's business, management and financial
     affairs with the Buyer's management and has had made available to it or
     otherwise had the opportunity to review any financial and business
     documents requested by it, including without limitation the Buyer SEC
     Reports. Such Seller has not relied on any representations or warranties
     other than those contained in this Agreement.

          4.7. Accredited Investor. Such Seller is an "accredited investor"
     within the meaning of Securities and Exchange Commission ("SEC") Rule 501
     of Regulation D, as presently in effect.

                                      -32-
<PAGE>

          4.8. No Brokers. Other than Liabilities which will be borne by the
     Sellers, such Seller has no Liability of any kind to any broker, finder or
     agent with respect to the Contemplated Transactions, and such Seller agrees
     to satisfy in full all such Liabilities.

          4.9. Legends. It is understood that the certificates evidencing the
     Restricted Stock Units and shares of Buyer Common Stock issued as Stock
     Consideration may bear one or all of the following legends:

               4.9.1 "These securities have not been registered under the
          Securities Act of 1933, as amended. They may not be sold, offered for
          sale, pledged or hypothecated in the absence of a registration
          statement in effect with respect to the securities under such Act or
          an opinion of counsel satisfactory to the Company that such
          registration is not required or unless sold pursuant to Rule 144 of
          such Act."

               4.9.2 "The sale or other disposition of any of the securities
          represented by this certificate is restricted by a certain Stock
          Purchase Agreement, as amended from time to time, by and among this
          Company and Planning Group International, Inc. A copy of the Stock
          Purchase Agreement is available for inspection during normal business
          hours at the principal executive office of this Company and will be
          furnished to the record holder of this certificate without charge upon
          written request to the Company at its principal place of business."

               4.9.3 Any legend required by law or applicable securities laws,
          including, without limitation, any legend required by the General
          Corporation Law of the State of Delaware.

     5. REPRESENTATIONS AND WARRANTIES OF THE BUYER.

     The Buyer represents and warrants to the Sellers that:

          5.1. Organization. The Buyer is (a) duly organized, validly existing
     and in good standing under the laws of the jurisdiction of its
     organization; and (b) is duly qualified to do business and in good standing
     in each jurisdiction in which it owns or leases Real Property and in each
     other jurisdiction in which the failure to so qualify has not had, and is
     not reasonably likely to have, a material adverse effect on the Buyer.

          5.2. Power and Authorization. The execution, delivery and performance
     by the Buyer of this Agreement and each Ancillary Agreement to which it is
     (or will be) a party and the consummation of the Contemplated Transactions
     are within the power and authority of the Buyer and have been duly
     authorized by all necessary action on the part of the Buyer. This Agreement
     and each Ancillary Agreement to which the Buyer is (or will be) a party (a)
     has been (or, in the case of Ancillary Agreements to be entered into at or
     prior to the Closing, will be) duly executed and delivered by the Buyer and
     (b) is (or in the case of Ancillary Agreements to be entered into at or
     prior to the Closing, will be) a legal, valid and binding obligation of the
     Buyer, enforceable against the Buyer in accordance with its terms. The
     Buyer has the full corporate power and authority necessary to own and use
     its assets and carry on its business as presently conducted.

                                      -33-
<PAGE>

          5.3. Authorization of Governmental Authorities. Except as disclosed on
     Schedule 5.3, no action by (including any authorization, consent or
     approval), or in respect of, or filing with, any Governmental Authority is
     required for, or in connection with, the valid and lawful (a)
     authorization, execution, delivery and performance by the Buyer of this
     Agreement and each Ancillary Agreement to which it is (or will be) a party
     or (b) the consummation of the Contemplated Transactions by the Buyer.

          5.4. Noncontravention. Except as disclosed on Schedule 5.4, neither
     the execution, delivery and performance by the Buyer of this Agreement or
     any Ancillary Agreement to which it is (or will be) a party nor the
     consummation of the Contemplated Transactions will:

               (a) assuming the taking of any action by (including any
          authorization, consent or approval) or in respect of, or any filing
          with, any Governmental Authority, in each case, as disclosed on
          Schedule 5.3, violate any provision of any Legal Requirement
          applicable to the Buyer;

               (b) result in a breach or violation of, or default under, any
          Contractual Obligation of the Buyer;

               (c) require any action by (including any authorization, consent
          or approval) or in respect of (including notice to), any Person under
          any Contractual Obligation;

               (d) result in the creation or imposition of an Encumbrance upon,
          or the forfeiture of, any asset of the Buyer; or

               (e) result in a breach or violation of, or default under, the
          Buyer's Organizational Documents.

          5.5. SEC Filings; Financial Statements.

               (a) Buyer has filed all forms, proxy and information statements,
          reports and documents required to be filed with the SEC, including (i)
          its Annual Report on Form 10-K for the fiscal year ended December 31,
          2004, (ii) its Quarterly Reports on Form 10-Q for the quarters ended
          March 31, 2005, June 30, 2005 and September 30, 2005, (iii) its proxy
          statement relating to Buyer's annual meeting of shareholders held May
          24, 2005, and (iv) all amendments and supplements to all such reports
          and statements filed by Buyer with the SEC (collectively, the "Buyer
          SEC Reports"). The Buyer SEC Reports (i) were prepared and complied in
          all material respects in accordance with the requirements of the 1933
          Act or the 1934 Act, as the case may be, and (ii) did not at the time
          they were filed (or if amended or superseded by a filing prior to the
          date of this Agreement, then on the date of such filing) 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
          were made, not misleading. None of Buyer's subsidiaries is required to
          file any forms, reports or other documents with the SEC.

                                      -34-
<PAGE>

               (b) Each of the consolidated financial statements (including, in
          each case, any related notes thereto) contained in the Buyer SEC
          Reports complies as to form in all material respects with the
          applicable rules and regulations of the SEC and has been prepared in
          accordance with generally accepted accounting principles applied on a
          consistent basis throughout the periods involved (except as may be
          indicated in the notes thereto) and each fairly presents in all
          material respects the consolidated financial position of Buyer and its
          subsidiaries as at the respective dates thereof and the consolidated
          results of its operations and cash flows for the periods indicated,
          except that the unaudited interim financial statements were or are
          subject to normal and recurring year-end adjustments which were not or
          are not expected to be material in amount. Any change by the Buyer in
          the accounting principles, practices or methods used in such financial
          statements of the Buyer and its subsidiaries included in the Buyer SEC
          Reports has been appropriately disclosed in such financial statements.

               (c) The management of the Buyer has (x) implemented (A)
          disclosure controls and procedures (as defined in Rule 13a-15(e) of
          the 1934 Act) to ensure that material information relating to the
          Buyer, including its subsidiaries, is made known to the management of
          the Buyer by others within those entities and (B) a system of internal
          control over financial reporting (as defined in Rule 13a-15(f) of the
          1934 Act) sufficient to provide reasonable assurances regarding the
          reliability of financial reporting and the preparation of financial
          statements for external purposes in accordance with GAAP, and (y) has
          disclosed, based on its most recent evaluation, to the Buyer's outside
          auditors and the audit committee of the Board of Directors of the
          Buyer (A) all significant deficiencies and material weaknesses in the
          design or operation of internal control over financial reporting which
          are reasonably likely to adversely affect the Buyer's ability to
          record, process, summarize and report financial data and (B) any
          material fraud that involves management or other employees who have a
          significant role in the Buyer's internal control over financial
          reporting. Since September 30, 2005, there has not been any material
          adverse change in the Buyer's internal control over financial
          reporting.

          5.6. Citibank Entities. To the Buyer's knowledge, there is no reason
     to believe that there will be any change in the relationship among the
     Company and the Citibank Entities as a result of the Buyer acquiring the
     Shares.

          5.7. No Knowledge of Breaches. The following individuals do not have
     actual knowledge of any breach of, or inaccuracy in, any representation or
     warranty made by the Company or the Sellers: Jane Owens, Jerry Greenberg,
     Scott Downey, Joe Carrolo, Clement Mok, Jason Turner and Ryan Walsh.

          5.8. Investment Experience; Investigation. The Buyer is able to bear
     the economic risk of full loss of the value of the Shares and has such
     knowledge and experience in financial or business matters that it is
     capable of evaluating the merits and risks of the investment in the Shares.
     The Buyer has had an opportunity to discuss the Company's business,
     management and financial affairs with the Company's management and has had
     made available to it or otherwise had the opportunity to review any
     financial and business documents requested by it. The Buyer has not relied
     on any representations or warranties other than those contained in this
     Agreement.

                                      -35-
<PAGE>

          5.9. No Brokers. The Buyer has no Liability of any kind to any broker,
     finder or agent with respect to the Contemplated Transactions for which the
     Sellers could be Liable.

          5.10. No Other Representations or Warranties. Except for the
     representations and warranties contained in this Section 5, neither the
     Buyer nor any other Person makes any other express or implied
     representation or warranty on behalf of the Buyer.

     6. COVENANTS.

          6.1. Closing. Subject to the terms and conditions of this Agreement,
     each of the parties will use its commercially reasonable efforts to take,
     or cause to be taken, all actions and to do, or cause to be done, all
     things necessary, proper, or advisable in order to consummate and make
     effective the Contemplated Transactions (including satisfaction, but not
     waiver, of the closing conditions set forth in Sections 7 and 8).

          6.2. Operation of Business.

               6.2.1 Conduct of Business. From the date of this Agreement until
          the Closing Date, the Company will and the Sellers will cause the
          Company to:

                    (a) conduct the Business only in the Ordinary Course of
               Business;

                    (b) maintain the value of the Business as a going concern;
               and

                    (c) preserve intact its business organization and
               relationships with third parties (including lessors, licensors,
               suppliers, distributors and customers) and employees.

               6.2.2 Buyer's Consent. Without limiting the generality of Section
          6.2.1, without the written consent of the Jerry Greenberg, which
          consent will not be unreasonably withheld and will be given or
          withheld within 24 hours of request, of the Company will not, and the
          Sellers will cause the Company not to:

                    (a) Take or omit to take any action that would cause the
               representations and warranties in Section 3 to be untrue at, or
               as of any time prior to, the Closing Date; and

                    (b) take or omit to take any action which, if taken or
               omitted to be taken between the Most Recent Balance Sheet Date
               and the date of this Agreement would have been required to be
               disclosed on Schedule 3.9;

          provided, however, that this Section 6.2.2 will not prevent the
          Company from (x) paying any of the Transaction Expenses set forth in
          Section 6.7(a) in accordance with the terms thereof, or (y) entering
          into Contractual Obligations for the furnishing of services by the
          Company (i) pursuant to an existing master services agreement or any
          other comparable existing contractual arrangement, such Contractual
          Obligations not violating or varying the material terms of such master
          services agreement or comparable existing contractual arrangement or
          (ii) other than pursuant to an existing master services agreement or
          any other comparable existing contractual arrangement in amounts not
          in excess of $100,000.00.

                                      -36-
<PAGE>

          6.3. Notices and Consents.

               6.3.1 The Company. The Sellers will cause the Company to give all
          notices to, make all filings with and use its commercially reasonable
          efforts to obtain all authorizations, consents or approvals from, any
          Governmental Authority or other Person as reasonably requested by the
          Buyer.

               6.3.2 Sellers. Each Seller will give all notices to, make all
          filings with and use its commercially reasonable efforts to obtain all
          authorizations, consents or approvals from, any Person as reasonably
          requested by the Buyer.

               6.3.3 Buyer. The Buyer will give all notices to, make all filings
          with and use its commercially reasonable efforts to obtain all
          authorizations, consents or approvals from, any Governmental Authority
          or other Person as reasonably requested by the Company.

          6.4. Buyer's Access to Premises. From the date of this Agreement until
     the Closing Date, the Company will permit the Buyer and its Representatives
     to have full access (at reasonable times and upon reasonable notice) to all
     officers of the Company and to all premises, properties, books, records
     (including Tax records), contracts, financial and operating data and
     information and documents pertaining to the Company and make copies of such
     books, records, contracts, data, information and documents as the Buyer and
     its Representatives may reasonably request.

          6.5. Notice of Developments. From the date of the Agreement until the
     Closing Date, the Company and the Sellers will give the Buyer prompt
     written notice upon becoming aware of any material development affecting
     the Assets, Liabilities, Business, financial condition, operations or
     prospects of the Company, or any event or circumstance that could
     reasonably be expected to result in a breach of, or inaccuracy in, any of
     the Company's or the Sellers' representations and warranties; provided,
     however, that except as otherwise set forth in this Agreement, no such
     disclosure will be deemed to prevent or cure any breach of, or inaccuracy
     in any representation or warranty set forth in this Agreement. The Sellers
     will be entitled to deliver to the Buyer a supplement to the Schedules that
     discloses to the Buyer in reasonable detail any facts and circumstances
     arising after the date of the Agreement that would constitute a breach of
     the representations and warranties set forth in Section 3. The Buyer will
     have no obligation to consummate the Closing on the basis of such
     supplemented Schedules unless such supplements only include Contractual
     Obligations permitted to be entered into between the date hereof and
     Closing as set forth in Section 6.2.2; provided, however, that a decision
     by the Buyer to consummate the Closing notwithstanding such disclosure
     shall be deemed to be an acceptance of such supplemented Schedules.

          6.6. Exclusivity. From the date of this Agreement until the Closing,
     neither the Sellers nor the Company will (and the Company and Sellers will
     not permit their respective Affiliates or any of their or their Affiliates'
     Representatives to) directly or indirectly: (a) solicit, initiate, or
     encourage the submission of any proposal or offer from any Person relating

                                      -37-
<PAGE>

     to, or enter into or consummate any transaction relating to, the
     acquisition of any capital stock in the Company or any merger,
     recapitalization, share exchange, sale of substantial Assets (other than
     sales of inventory in the Ordinary Course of Business) or any similar
     transaction or alternative to the Contemplated Transactions or (b)
     participate in any discussions or negotiations regarding, furnish any
     information with respect to, assist or participate in, or facilitate in any
     other manner any effort or attempt by any Person to do or seek any of the
     foregoing. None of the Sellers will vote its Shares in favor of any such
     acquisition structured as a merger, consolidation, share exchange or
     otherwise. The Company and the Sellers will notify the Buyer immediately if
     any Person makes any written proposal or offer with respect to any of the
     foregoing (whether solicited or unsolicited).

          6.7. Expenses. With respect to the costs and expenses (including
     legal, accounting, consulting and advisory) incurred in connection with the
     Contemplated Transactions (the "Transaction Expenses"):

                    (a) if the Closing occurs, (i) the Transaction Expenses of
               the Sellers and the Company listed on Schedule 6.7 (including
               without limitation, all fees and expenses of Berkowitz Dick
               Pollack & Brant, Baybridge Capital Advisors LLC, the additional
               compensation not included in the Ordinary Course of Business
               salary payments or bonus disclosed on Schedule 3.9 to be paid to
               Patrick MacDougall on or before December 31, 2005 and any amounts
               due to participants of the Company's Equity Appreciation Rights
               Plan) will be deducted from the aggregate consideration paid for
               the Shares of the Company (the "Expense Adjustment"); provided,
               however, that the Expense Adjustment will not include the lesser
               of (A) $70,000 and (B) fifty percent (50%) of the sum of (x) the
               legal fees and expenses of Greenberg Traurig, P.A. and (y) the
               fees and expenses of Berenfeld Spritzer Schecter & Sheer, P.A.
               for the preparation of the Audited Financials, to be paid by the
               Company, and (ii) no Seller will have any Liability in respect of
               the Transaction Expenses of the Buyer (which will be borne by the
               Company); or

                    (b) if the Closing does not occur, each party will be
               responsible for its Transaction Expenses; provided, however that
               this provision shall not affect the remedies available to the
               parties in the event of any breach of this Agreement.

          6.8. Payment of Indebtedness.

               6.8.1 Debt of the Company. The Company will satisfy all the Debt
          identified on Schedule 6.8 in full before the Closing.

               6.8.2 Sellers' Obligations. At or before the Closing, each Seller
          will, and will cause each of its Affiliates, to satisfy all
          Liabilities it has to the Company in respect of Debt.

          6.9. Sellers' Release. Effective as of the Closing, each Seller hereby
     releases, remises and forever discharges any and all rights and claims that
     it has had, now has or might now have against the Company except for (a)
     rights and claims arising from or in connection with this Agreement or any
     Ancillary Agreements and (b) rights and claims arising from or in
     connection with claims asserted against such Seller by third parties for
     which the Buyer Indemnified Persons are not entitled to indemnification by
     such Seller pursuant to Section 11.3.

                                      -38-
<PAGE>

          6.10. Confidentiality.

               6.10.1 Confidentiality of the Sellers.

                    (a) Each Seller acknowledges that the success of the Company
               after the Closing depends upon the continued preservation of the
               confidentiality of certain information possessed by such Seller,
               that the preservation of the confidentiality of such information
               by such Seller is an essential premise of the bargain between the
               Sellers and the Buyer, and that the Buyer would be unwilling to
               enter into this Agreement in the absence of this Section
               6.10.1(a). Accordingly, each Seller hereby agrees with the Buyer
               that such Seller and its Representatives will not, and that such
               Seller will cause its Affiliates not to, at any time on or after
               the Closing Date, directly or indirectly, without the prior
               written consent of the Buyer, disclose or use, any confidential
               or proprietary information involving or relating to the Business
               or the Company; provided, however, that the information subject
               to the foregoing provisions of this sentence will not include any
               information generally available to, or known by, the public
               (other than as a result of disclosure in violation hereof); and
               provided, further, that the provisions of this Section 6.10.1(a)
               will not prohibit any retention of copies of records or
               disclosure (a) required by any applicable Legal Requirement so
               long as reasonable prior notice is given of such disclosure and a
               reasonable opportunity is afforded to contest the same or (b)
               made in connection with the enforcement of any right or remedy
               relating to this Agreement or the Contemplated Transactions. The
               Sellers agree that they will be responsible for any breach or
               violation of the provisions of this Section 6.10.1(a) by any of
               their Representatives.

                    (b) Notwithstanding the foregoing, you and each of your
               Representatives may disclose to any and all Persons, without
               limitation of any kind, the tax treatment and tax structure of
               the Transaction and all materials of any kind (including opinions
               or other tax analyses) that are provided to the you relating to
               such tax treatment and tax structure, all as contemplated by
               Treasury Regulation Section 1.6011-4(b)(3)(iii).

               6.10.2 Confidentiality of the Buyer. The Buyer hereby reaffirms
          its obligations under the Confidentiality Agreement dated September
          19, 2005, as amended and restated on December 3, 2005.

          6.11. Publicity. No public announcement or disclosure will be made by
     any party with respect to the subject matter of this Agreement or the
     Contemplated Transactions without the prior written consent of the Buyer
     and the Sellers' Representative; provided, however, that the provisions of
     this Section 6.11 will not prohibit (a) any disclosure required by any
     applicable Legal Requirements (in which case the disclosing party will
     provide the other parties with the opportunity to review in advance the
     disclosure) or (b) any disclosure made in connection with the enforcement
     of any right or remedy relating to this Agreement or the Contemplated
     Transactions.

                                      -39-
<PAGE>

          6.12. Noncompetition and Nonsolicitation. For a period of five (5)
     years from and after the Closing Date (three (3) years in the case of
     Patrick MacDougall), other than in such capacity as an employee of the
     Buyer, none of the Sellers will engage directly or indirectly in all or any
     portion of the Business as conducted as of the Closing Date in any
     geographic area in which the Company conducts the Business as of the
     Closing Date; provided, however, that no owner of less than 5% of the
     outstanding stock of any publicly-traded corporation will be deemed to be
     so engaged solely by reason thereof in the Business. For a period of two
     (2) years from and after the Closing Date, the Sellers will not recruit,
     offer employment, employ, engage as a consultant, lure or entice away, or
     in any other manner persuade or attempt to persuade, any Person who is an
     employee of the Company to leave the employ of the Company. If the final
     judgment of a court of competent jurisdiction declares that any term or
     provision of this Section 6.12 is invalid or unenforceable, the parties
     hereto agree that the court making the determination of invalidity or
     unenforceability will have the power to reduce the scope, duration, or area
     of the term or provision, to delete specific words or phrases, or to
     replace any invalid or unenforceable term or provision with a term or
     provision that is valid and enforceable and that comes closest to
     expressing the intention of the invalid or unenforceable term or provision,
     and this Agreement will be enforceable as so modified after the expiration
     of the time within which the judgment may be appealed.

          6.13. Further Assurances. From and after the Closing Date, upon the
     request of either the Sellers' Representative or the Buyer, each of the
     parties hereto will do, execute, acknowledge and deliver all such further
     acts, assurances, deeds, assignments, transfers, conveyances and other
     instruments and papers as may be reasonably required or appropriate to
     carry out the Contemplated Transactions, including, without limitation, the
     management representation letter to be provided by the Sellers in
     connection with the audit of the Company's 2005 financial statements. No
     Seller will take any action that is designed or intended to have the effect
     of discouraging any lessor, licensor, supplier, distributor or customer of
     the Company or other Person with whom the Company has a relationship from
     maintaining the same relationship with the Company after the Closing as it
     maintained prior to the Closing. Each Seller will refer all customer
     inquiries relating to the Business to the Buyer, or the Company, as
     appropriate, from and after the Closing.

          6.14. Employees. The Buyer hereby acknowledges its intent to retain
     all of the employees of the Company until the date that is ninety (90) days
     following the Closing Date. Notwithstanding the foregoing, the Buyer may
     terminate any Company employees for cause, which shall include, without
     limitation, termination for performance reasons, during the ninety (90) day
     period. Any Company employees terminated after the Closing Date will be
     entitled to receive a severance payment equal to one week's salary for each
     consecutive year the Company employed the employee. This provision is not
     intended to create any third-party beneficiary to this Agreement.

          6.15. Restrictions on Transfer of Stock Consideration.

                                      -40-
<PAGE>

               6.15.1 The Stock Consideration will not be sold, transferred,
          pledged, assigned or otherwise encumbered or disposed until the latest
          of (i) the date on which such Stock Consideration has vested in
          accordance with Section 6.15.2, (ii) the date on which such Stock
          Consideration is released from escrow pursuant to the terms of the
          Escrow Agreement and (iii) (a) when, in the opinion of Ropes & Gray
          LLP, Greenberg Traurig P.A. or other counsel reasonably acceptable to
          the Buyer, such restrictions are no longer required in order to assure
          compliance with the Securities Act. Whenever such restrictions shall
          cease and terminate as to any Stock Consideration or such Stock
          Consideration may be sold under paragraph (k) of Rule 144, the holder
          thereof shall be entitled to receive from the Buyer, without expense,
          new certificates not bearing the legends set forth in Section 4.9. The
          Buyer agrees to, as promptly as practicable and, in any event, not
          later than five (5) Business Days after receipt of written notice from
          any holder of Stock Consideration and such holder's stock broker,
          provide a legal opinion to the Buyer's transfer agent that authorizes
          the removal of the legends set forth in Section 4.9 that appear on the
          certificates representing the Buyer Common Stock registered in the
          name of such holder. Notwithstanding the foregoing, Buyer shall have
          no obligation to provide such legal opinion until the later of (x) the
          first anniversary of the Closing Date and (y) the date when the
          conditions set forth in each of clauses (i), (ii) and (iii) above are
          satisfied.

               6.15.2 The Stock Consideration will vest according to the
          following schedule:

                    (a) Fifty percent (50%) of the shares of Buyer Common Stock
               received as Stock Consideration (rounded down to the nearest
               whole number of shares) shall vest on the first anniversary of
               the Closing Date;

                    (b) Twenty-five percent (25%) of the shares of Buyer Common
               Stock received as Stock Consideration (rounded down to the
               nearest whole number of shares) shall vest on the second
               anniversary of the Closing Date; and

                    (c) The remaining shares of Buyer Common Stock received as
               Stock Consideration shall vest on the third anniversary of the
               Closing Date.

          Notwithstanding the foregoing, (i) if there shall occur following the
          Closing Date a merger or acquisition of the Buyer in which the Buyer
          is not the surviving entity or a sale of substantially all of the
          Buyer's assets, then any portion of the Stock Consideration that has
          not then vested shall automatically vest without any action by the
          parties hereto and (ii) if any Seller's (other than Carey Feick, and
          with respect to Carey Feick, all of the Sellers) employment (except as
          set forth in the immediately following sentence) with the Buyer or any
          of its Affiliates following the Closing Date is terminated by the
          Buyer, then any portion of such Seller's Stock Consideration that has
          not then vested shall automatically vest without any action by any of
          the parties hereto. If any Seller is discharged from his employment
          with the Buyer or any of its Affiliates following the Closing Date for
          cause that, in the reasonable opinion of the independent Directors of
          the Buyer's Board of Directors, casts substantial discredit upon
          either such Seller or the Buyer, then such Seller's shares shall not
          be subject to the accelerated vesting set forth in the immediately
          preceding sentence.

                                      -41-
<PAGE>

          6.16. Restricted Stock Unit Grants. The individuals identified on
     Exhibit 6.16(a) will receive on the Closing Date such number of Restricted
     Stock Units equal to the result obtained by dividing (i) the dollar amount
     set forth next to the name of such recipient on Exhibit 6.16(a) by (ii) the
     average of the daily volume-weighted average price per share (rounded to
     the nearest cent) of Buyer Common Stock as reported by the NASDAQ National
     Market over the five trading days immediately prior to the trading day
     before the Closing Date (the "RSU Grants"). The Restricted Stock Units will
     be represented by award certificates in substantially the forms attached as
     Exhibit 6.16(b) (the "Restricted Stock Unit Certificates"). Any Restricted
     Stock Units that are forfeited pursuant to the terms of the relevant
     Restricted Stock Unit Certificate will become available for further grants
     by Buyer to key employees of the Business following the Closing Date.

     Upon the issuance of the RSU Grants, the Buyer will be entitled to deduct
     and withhold any withholding Taxes or other amounts required under the Code
     or any applicable Legal Requirement to be deducted and withheld as a result
     of such issuance. To the extent that any such amounts are so deducted or
     withheld, such amounts will be treated for all purposes of this Agreement
     as having been paid to the Person in respect of which such deduction and
     withholding was made.

     7. CONDITIONS TO THE BUYER'S OBLIGATIONS AT THE CLOSING.

     The obligations of the Buyer to consummate the Closing are subject to the
fulfillment of each of the following conditions (unless waived by the Buyer in
accordance with Section 12.3):

          7.1. Representations and Warranties. The representations and
     warranties of the Company and the Sellers contained in this Agreement and
     in any Ancillary Agreement (a) that are not qualified by materiality or
     Material Adverse Effect will be true and correct in all material respects
     at and as of the Closing with the same force and effect as if made as of
     the Closing and (b) that are qualified by materiality or Material Adverse
     Effect will be true and correct in all respects at and as of the Closing
     with the same force and effect as if made as of the Closing, in each case,
     other than representations and warranties that expressly speak only as of a
     specific date or time, which will be true and correct (or true and correct
     in all material respects, as the case may be) as of such specified date or
     time.

          7.2. Performance. The Company and each Seller will have performed and
     complied in all material respects, with all agreements, obligations and
     covenants contained in this Agreement that are required to be performed or
     complied with by them at or prior to the Closing.

          7.3. Stock Certificates. The Sellers will have delivered to the Buyer
     certificates, duly endorsed (or accompanied by duly executed stock transfer
     powers) evidencing all of the Shares.

          7.4. Compliance Certificate. The Company and the Sellers'
     Representative will have delivered to the Buyer a certificate substantially
     in the form of Exhibit 7.4.

          7.5. Qualifications. No provision of any applicable Legal Requirement
     and no Government Order will prohibit the consummation of any of the
     Contemplated Transactions.

                                      -42-
<PAGE>

          7.6. Absence of Litigation. No Action will be pending or threatened in
     writing which may result in a Government Order (nor will there be any
     Government Order in effect) (a) which would prevent consummation of any of
     the Contemplated Transactions, (b) which would result in any of the
     Contemplated Transactions being rescinded following consummation, (c) which
     would limit or otherwise adversely affect the right of the Buyer to own the
     Shares (including the right to vote the Shares), to control the Company, or
     to operate all or any material portion of either the Business or Assets or
     of the business or assets of the Buyer or any of its Affiliates or (d)
     would compel the Buyer or any of its Affiliates to dispose of all or any
     material portion of either the Business or Assets or the business or assets
     of the Buyer or any of its Affiliates.

          7.7. Legal Opinion. The Buyer will have received from Greenberg
     Traurig, P.A., counsel to the Company and the Sellers (or other counsel
     reasonably acceptable to the Buyer), its opinion with respect to the
     Contemplated Transactions, which opinion will be substantially in the form
     attached hereto as Exhibit 7.7.

          7.8. Consents, etc. All actions by (including any authorization,
     consent or approval) or in respect of (including notice to), or filings
     with, any Governmental Authority or other Person that are required to
     consummate the Contemplated Transactions, as reasonably requested by the
     Buyer, will have been obtained or made, in a manner reasonably satisfactory
     in form and substance to the Buyer, and no such authorization, consent or
     approval will have been revoked.

          7.9. Tax Deliveries. The Company will have delivered to the Buyer (i)
     a certification (in such form as may be reasonably requested by counsel to
     the Buyer) conforming to the requirements of Treasury Regulations
     1.1445-2(c)(3) and 1.897-2(h) and (ii) a duly completed IRS form 8023
     executed by each Seller.

          7.10. Proceedings and Documents. All of the Company's corporate and
     other proceedings in connection with the Contemplated Transactions and all
     documents incident thereto will be reasonably satisfactory in form and
     substance to the Buyer and its counsel, and they will have received all
     such counterpart original and certified or other copies of such documents
     as they may reasonably request.

          7.11. Ancillary Agreements. Each of the Ancillary Agreements will have
     been executed and delivered to the Buyer by each of the other parties
     thereto.

          7.12. Resignations. The Buyer will have received the resignations,
     effective as of the Closing, of each officer and director of the Company,
     other than those whom the Buyer will have specified in writing at least two
     Business Days prior to the Closing.

          7.13. No Material Adverse Change. Since the Balance Sheet Date, there
     will have occurred no events nor will there exist circumstances which
     singly or in the aggregate have resulted in a Material Adverse Effect.

          7.14. Repayment of Pre-Closing Indebtedness, Etc. The Sellers will
     have repaid or caused the Company to repay all Debt listed on Schedule 6.8
     and the Sellers will have obtained and delivered or caused the Company to
     obtain and deliver to Buyer documentation satisfactory to Buyer evidencing
     such repayment and the termination of all Encumbrances on any Assets
     securing such Debt. 8. CONDITIONS TO THE SELLERS' OBLIGATIONS AT THE
     CLOSING.

                                      -43-
<PAGE>

     8. CONDITIONS TO THE SELLERS' OBLIGATIONS AT THE CLOSING.

     The obligations of the Sellers to consummate the Closing are subject to the
fulfillment of each of the following conditions (unless waived by the Sellers'
Representative in accordance with Section 12.3):

          8.1. Representations and Warranties. The representations and
     warranties of the Buyer contained in this Agreement and in any Ancillary
     Agreement (a) that are not qualified by materiality or material adverse
     effect will be true and correct in all material respects at and as of the
     Closing with the same force and effect as if made as of the Closing and (b)
     that are qualified by materiality or material adverse effect will be true
     and correct in all respects at and as of the Closing with the same force
     and effect as if made as of the Closing, in each case, other than
     representations and warranties that expressly speak only as of a specific
     date or time, which will be true and correct (or true and correct in all
     material respects, as the case may be) as of such specified date or time.

          8.2. Performance. The Buyer will have performed and complied with, in
     all material respects, all agreements, obligations and covenants contained
     in this Agreement that are required to be performed or complied with by the
     Buyer at or prior to the Closing.

          8.3. Compliance Certificate. The Buyer will have delivered to the
     Sellers' Representative a certificate in the form of Exhibit 8.3.

          8.4. Qualifications. No provision of any applicable Legal Requirement
     and no Government Order will prohibit the consummation of any of the
     Contemplated Transactions.

          8.5. Absence of Litigation. No Action will be pending or threatened in
     writing which may result in a Government Order, nor will there be any
     Government Order in effect, (a) which would prevent consummation of any of
     the Contemplated Transactions or (b) which would result in any of the
     Contemplated Transactions being rescinded following consummation.

          8.6. Legal Opinion. The Sellers' Representative will have received
     from Ropes & Gray LLP, special counsel to the Buyer, its opinion with
     respect to the Contemplated Transactions, which opinion will be
     substantially in the form attached hereto as Exhibit 8.6.

          8.7. Consents, etc. All actions by (including any authorization,
     consent or approval) or in respect of (including notice to), or filings
     with, any Governmental Authority or other Person that are required to
     consummate the Contemplated Transactions, as reasonably requested by the
     Sellers' Representative, will have been obtained or made, in a manner
     reasonably satisfactory in form and substance to the Sellers'
     Representative, and no such authorization, consent or approval will have
     been revoked.

          8.8. Proceedings and Documents. All of the Buyer's corporate and other
     proceedings in connection with the Contemplated Transactions and all
     documents incident thereto will be reasonably satisfactory in form and
     substance to the Sellers' Representative and to its counsel, and the
     Sellers' Representative will have received all such counterpart original
     and certified or other copies of such documents as it may reasonably
     request.

                                      -44-
<PAGE>

          8.9. Ancillary Agreements. Each of the Ancillary Agreements to which
     the Sellers are party will have been executed and delivered to the Sellers'
     Representative by each of the other parties thereto.

          8.10. No Material Adverse Change. Since September 30, 2005, there will
     have occurred no events nor will there exist circumstances which singly or
     in the aggregate have resulted in a material adverse effect on the Buyer.

     9. TERMINATION.

          9.1. Termination of Agreement. This Agreement may be terminated (the
     date on which the Agreement is terminated, the "Termination Date") at any
     time prior to the Closing:

               (a) by mutual written consent of the Buyer and the Sellers'
          Representative;

               (b) by either the Buyer or the Sellers' Representative, so long
          as the Buyer or the Sellers and the Company, respectively, is/are not
          then in breach of its/their obligations under this Agreement in any
          material respect ,by providing written notice to the other at any time
          after February 1, 2006 (the "Final Termination Date") in the event
          that the Closing has not occurred on or prior to the Final Termination
          Date;

               (c) by either the Buyer or the Sellers' Representative if a final
          nonappealable Government Order permanently enjoining, restraining or
          otherwise prohibiting the Closing will have been issued by a
          Governmental Authority of competent jurisdiction;

               (d) by the Buyer, so long as the Buyer is not then in breach of
          its obligations under this Agreement in any material respect, if
          either (i) there will be a breach of, or inaccuracy in, any
          representation or warranty of the Company or any of the Sellers
          contained in this Agreement as of the date of this Agreement or as of
          any subsequent date (other than representations or warranties that
          expressly speak only as of a specific date or time, with respect to
          which the Buyer's right to terminate will arise only in the event of a
          breach of, or inaccuracy in, such representation or warranty as of
          such specified date or time), which breach or inaccuracy would give
          rise, or could reasonably be expected to give rise, to a failure of a
          condition set forth in Section 7 and which is not cured on or prior to
          the earlier of (x) the 20th day following notice of such breach, or
          (y) February 1, 2006, or (ii) the Company or a Seller will have
          breached or violated in any material respect any of their respective
          covenants and agreements contained in this Agreement, which breach or
          violation would give rise, or could reasonably be expected to give
          rise, to a failure of any condition set forth in Section 7 and such
          breach or violation is not cured on or prior to the earlier of (A) the
          20th day following notice of such breach, or (B) February 1, 2006; or

               (e) by the Sellers' Representative, so long as neither the
          Company or any Seller is then in breach of its obligations under this
          Agreement in any material respect, if either (i) there will be a
          breach of, or inaccuracy in, any representation or warranty of the
          Buyer contained in this Agreement as of the date of this Agreement or
          as of any subsequent date (other than representations or warranties
          that expressly speak only as of a specific date or time, with respect
          to which the Sellers' Representative's right to terminate will arise

                                      -45-
<PAGE>

          only in the event of a breach of, or inaccuracy in, such
          representation or warranty as of such specified date or time), which
          breach or inaccuracy would give rise, or could reasonably be expected
          to give rise, to a failure of a condition set forth in Section 8 and
          which is not cured on or prior to the earlier of (x) the 20th day
          following notice of such breach, or (y) February 1, 2006, or (ii) the
          Buyer will have breached or violated in any material respect any of
          its covenants and agreements contained in this Agreement, which breach
          or violation would give rise, or could reasonably be expected to give
          rise, to a failure of the condition set forth in Section 8 and such
          breach or violation is not cured on or prior to the earlier of (A) the
          20th day following notice of such breach, or (B) February 1, 2006.

          9.2. Effect of Termination. In the event of the termination of this
     Agreement pursuant to Section 9.1, this Agreement - other than the
     provisions of this Section 9.2 and Sections 3.30, 4.5 and 5.5 (No Brokers),
     6.7 (Expenses), 6.10 (Confidentiality), 6.11 (Publicity), 10
     (Indemnification) and 12 (Miscellaneous) - will then be null and void and
     have no further force and effect and all other rights and Liabilities of
     the parties hereunder will terminate without any Liability of any party to
     any other party, except for Liabilities arising in respect of breaches
     under this Agreement by any party on or prior to the Termination Date.

     10. INDEMNIFICATION.

          10.1. Indemnification by the Sellers.

               10.1.1 Indemnification. Subject to the limitations set forth in
          this Section 10, each Seller will jointly and severally (or in the
          case of clauses (c) and (d) below, severally, solely as to itself)
          indemnify and hold harmless the Buyer and each of its Affiliates
          (including, following the Closing, the Company), and the
          Representatives and Affiliates of each of the foregoing Persons (each,
          a "Buyer Indemnified Person"), from, against and in respect of any and
          all Actions, Liabilities, Government Orders, Encumbrances, losses,
          damages, bonds, dues, assessments, fines, penalties, Taxes, fees,
          costs (including costs of investigation, defense and enforcement of
          this Agreement), expenses or amounts paid in settlement (in each case,
          including reasonable outside attorneys' and experts fees and expenses,
          but excluding any imputed time charges of attorneys who are employees
          of the Indemnified Party), whether or not involving a Third Party
          Claim (collectively, "Losses"), incurred or suffered by the Buyer
          Indemnified Persons or any of them as a result of, arising out of or
          directly or indirectly relating to:

                    (a) any fraud of any of the Sellers or the Company or any
               breach of, or inaccuracy in, any representation or warranty made
               by the Company or the Sellers or any of them in Section 3 or in
               the Escrow Agreement or any Schedule (in each case, as such
               representation or warranty would read if all qualifications as to
               materiality, including each reference to the defined term
               "Material Adverse Effect," were deleted therefrom);

                    (b) any breach or violation of any covenant or agreement of
               the Company to the extent required to be performed or complied
               with by the Company prior to the Closing in or pursuant to this
               Agreement or the Escrow Agreement;

                                      -46-
<PAGE>

                    (c) any breach of, or inaccuracy in, any representation or
               warranty made by such Seller in Section 4, or any Ancillary
               Agreement or Schedule (in each case, as such representation or
               warranty would read if all qualifications as to materiality,
               including each reference to the defined term "Material Adverse
               Effect," were deleted therefrom);

                    (d) any breach or violation of any covenant or agreement of
               such Seller (including under this Section 10) in or pursuant to
               this Agreement or any Ancillary Agreement; or

                    (e) (i) any direct or indirect illegal gift, contribution,
               payment or similar benefit to any supplier, customer,
               governmental official or employee or other Person who was, is or
               may be in a position to help or hinder the Company (or assist in
               connection with any actual or proposed transaction) or any
               illegal contribution, or reimbursement or illegal political gift
               or contribution made by any other Person, to any candidate for
               federal, state, local or foreign public office or any agreement
               to do any of the foregoing, or (ii) the establishment or
               maintenance of any unrecorded fund or asset or making of any
               false entries on any books or records for any purpose.

               10.1.2 Monetary Limitations. The Sellers will have no obligation
          to indemnify the Buyer Indemnified Persons pursuant to Sections
          10.1.1(a) and 10.1.1(c) in respect of Losses arising from the breach
          of, or inaccuracy in, any representation or warranty described
          therein, or pursuant to Section 10.1.1(e) in respect of Losses
          resulting therefrom, unless the aggregate amount of all such Losses
          incurred or suffered by the Buyer Indemnified Persons exceeds two
          hundred ninety-four thousand dollars ($294,000) (the "Threshold
          Amount"), in which case the Sellers will indemnify the Buyer
          Indemnified Persons only for the amount by which such Losses exceed
          the Threshold Amount, and the Sellers' aggregate liability in respect
          of claims for indemnification pursuant to Sections 10.1.1(a),
          10.1.1(c) and 10.1.1(e) will not exceed twenty-four million dollars
          ($24,000,000) for all Sellers in the aggregate or for any individual
          Seller the amount as set forth next to such Seller's name on Schedule
          10.1.2; provided, however, that the foregoing limitations will not
          apply to (a) claims for indemnification pursuant to Sections 10.1.1(a)
          and 10.1.1(c) in respect of breaches of, or inaccuracies in,
          representations and warranties set forth in Sections 3.1.1
          (Organization), 3.2 (Power and Authorization), 3.4(e) (Breach of
          Organizational Documents), 3.5 (Capitalization), 3.17 (Tax Matters),
          3.30 (No Brokers), 4.1 (Power and Authorization), 4.3(c)
          (Noncontravention), 4.4 (Title) or 4.5 (No Brokers) or (b) claims
          based upon fraud or intentional misrepresentation. Claims for
          indemnification pursuant to any other provision of Section 10.1.1 are
          not subject to the monetary limitations set forth in this Section
          10.1.2. Notwithstanding anything to the contrary set forth herein,
          with respect to Losses arising from the breach of, or inaccuracy in
          the representation and warranty set forth in Section 3.13.4 (Real
          Property Leases), Sellers' aggregate liability in respect of claims
          for indemnification pursuant to Section 10.1.1(a) will not exceed two
          hundred fifty thousand dollars ($250,000) for Losses resulting from
          the condition or use of the premises located at 12910 SW 89th Court,
          Miami, FL 33176; provided that such $250,000 limitation shall not
          apply to Losses resulting from moving or replacing the leased Facility
          to an equivalent Facility if all or any portion of the Business is
          required to be relocated as a result of any breach of the Real
          Property Lease for such Facility.

                                      -47-
<PAGE>

          10.2. Indemnity by the Buyer.

               10.2.1 Indemnification. Subject to the limitations set forth in
          this Section 10, the Buyer will indemnify and hold harmless each
          Seller and each Seller's respective Affiliates (including, prior to
          the Closing, the Company), and the Representatives and Affiliates of
          each of the foregoing Persons (each, a "Seller Indemnified Person"),
          from, against and in respect of any and all Losses incurred or
          suffered by the Seller Indemnified Persons or any of them as a result
          of, arising out of or relating to, directly or indirectly:

                    (a) any fraud of the Buyer or any breach of, or inaccuracy
               in, any representation or warranty made by the Buyer in Section
               5, or in any Ancillary Agreement or Schedule (in each case, as
               such representation or warranty would read if all qualifications
               as materiality, including each reference to "material adverse
               effect," were deleted therefrom); or

                    (b) any breach or violation of any covenant or agreement of
               the Buyer (including under this Section 10) or any covenant or
               agreement of the Company to the extent required to be performed
               or complied with by the Company after the Closing, in either case
               in or pursuant to this Agreement or any Ancillary Agreement.

               10.2.2 Monetary Limitations. The Buyer will have no obligation to
          indemnify the Seller Indemnified Persons pursuant to Section 10.2.1(a)
          in respect of Losses arising from the breach of, or inaccuracy in, any
          representation or warranty described therein unless and until the
          aggregate amount of all such Losses incurred or suffered by the Seller
          Indemnified Persons exceeds the Threshold Amount, in which case the
          Buyer will indemnify the Seller Indemnified Persons only for the
          amount by which such Losses exceed the Threshold Amount, and the
          Buyer's aggregate liability in respect of claims for indemnification
          pursuant to Section 10.2.1(a) will not exceed twenty-four million
          dollars ($24,000,000); provided, however, that foregoing limitations
          will not apply to (a) claims for indemnification pursuant to Section
          10.2.1(a) in respect of breaches of, or inaccuracies in,
          representations and warranties set forth in Sections 5.1
          (Organization), 5.2 (Power and Authorization), 5.4(d) (Breach of
          Organizational Documents) or 5.7 (No Brokers) or (b) claims based upon
          fraud or intentional misrepresentation. Claims for indemnification
          pursuant to any other provision of Section 10.2.1 are not subject to
          the limitations set forth in this Section 10.2.2.

          10.3. Time for Claims. No claim may be made or suit instituted seeking
     indemnification pursuant to Section 10.1.1(a), 10.1.1(c), 10.1.1(e) or
     10.2.1(a) for any breach of, or inaccuracy in, any representation or
     warranty unless a written notice describing such breach or inaccuracy in
     reasonable detail in light of the circumstances then known to the
     Indemnified Party, is provided to the Indemnifying Party:

                    (a) at any time, in the case of any breach of, or inaccuracy
               in, the representations and warranties set forth in Sections
               3.1.1 (Organization), 3.2 (Power and Authorization), 3.4(e)
               (Breach of Organizational Documents), 3.5 (Capitalization), 3.30
               (No Brokers), 4.1 (Power and Authorization), 4.3(c) (No Breach of
               Organizational Documents of Seller), 4.4 (Title), 4.5 (No
               Brokers), 5.1 (Organization), 5.2 (Power and Authorization),
               5.4(d) (Breach of Organizational Documents) or 5.7 (No Brokers);

                                      -48-
<PAGE>

                    (b) at any time, in the case of any claim or suit based upon
               fraud or intentional misrepresentation;

                    (c) at any time prior to the thirtieth day after the
               expiration of the applicable statute of limitations (taking into
               account any tolling periods and other extensions) in the case of
               any breach of, or inaccuracy in, the representations and
               warranties set forth in Sections 3.17 (Tax Matters), 3.18
               (Employee Benefit Plans) or 3.19 (Environmental Regulation);

                    (d) at any time prior to last day of the sixth month
               following the Closing Date, in the case of any indemnification
               pursuant to Section 10.1.1(e) with respect to suppliers or
               customers or their employees or Representatives; and

                    (e) at any time prior to last day of the 18th month
               following the Closing Date, in the case of any breach of, or
               inaccuracy in, any other representation and warranty in this
               Agreement.

     Claims for indemnification pursuant to any other provision of Sections
10.1.1 and 10.2.1 are not subject to the limitations set forth in this Section
10.3.

          10.4. Third Party Claims.

               10.4.1 Notice of Claim. If any third party will notify an
          Indemnified Party with respect to any matter (a "Third Party Claim")
          which may give rise to an Indemnified Claim against an Indemnifying
          Party under this Section 10, then the Indemnified Party will promptly
          give written notice to the Indemnifying Party; provided, however, that
          no delay on the part of the Indemnified Party in notifying the
          Indemnifying Party will relieve the Indemnifying Party from any
          obligation under this Section 10, except to the extent such delay
          actually and materially prejudices the Indemnifying Party.

               10.4.2 Assumption of Defense, etc. The Indemnifying Party will be
          entitled to participate in the defense of any Third Party Claim that
          is the subject of a notice given by the Indemnified Party pursuant to
          Section 10.4.1. In addition, the Indemnifying Party will have the
          right to defend the Indemnified Party against the Third Party Claim
          with counsel of its choice reasonably satisfactory to the Indemnified
          Party so long as (a) the Indemnifying Party gives written notice to
          the Indemnified Party within fifteen days after the Indemnified Party
          has given notice of the Third Party Claim that the Indemnifying Party
          will indemnify the Indemnified Party from and against the entirety of
          any and all Losses the Indemnified Party may suffer resulting from,
          arising out of, relating to, in the nature of, or caused by the Third
          Party Claim and which are subject to indemnification pursuant to
          Section 10.1 or 10.2, (b) the Indemnifying Party provides the
          Indemnified Party with evidence reasonably acceptable to the
          Indemnified Party that the Indemnifying Party will have adequate

                                      -49-
<PAGE>

          financial resources to defend against the Third Party Claim and
          fulfill its indemnification obligations hereunder, (c) the Third Party
          Claim involves only money damages and does not seek an injunction or
          other equitable relief against the Indemnified Party, (d) the
          Indemnified Party has not been advised by counsel that an actual
          conflict exists between the Indemnified Party and the Indemnifying
          Party in connection with the defense of the Third Party Claim, (e) the
          Third Party Claim does not relate to or otherwise arise in connection
          with any criminal or regulatory enforcement Action, (f) settlement of,
          an adverse judgment with respect to or the Indemnifying Party's
          conduct of the defense of the Third Party Claim is not, in the good
          faith judgment of the Indemnified Party, likely to be adverse to the
          Indemnified Party's reputation or continuing business interests
          (including its relationships with current or potential customers,
          suppliers or other parties material to the conduct of its business)
          and (g) the Indemnifying Party conducts the defense of the Third Party
          Claim actively and diligently. The Indemnified Party may retain
          separate co-counsel at its sole cost and expense and participate in
          the defense of the Third Party Claim; provided, however, that the
          Indemnifying Party will pay the fees and expenses of separate
          co-counsel retained by the Indemnified Party that are incurred prior
          to Indemnifying Party's assumption of control of the defense of the
          Third Party Claim.

               10.4.3 Limitations on Indemnifying Party. The Indemnifying Party
          will not consent to the entry of any judgment or enter into any
          compromise or settlement with respect to the Third Party Claim without
          the prior written consent of the Indemnified Party unless such
          judgment, compromise or settlement (a) provides for the payment by the
          Indemnifying Party of money as sole relief for the claimant, (b)
          results in the full and general release of the Buyer Indemnified
          Persons or Seller Indemnified Persons, as applicable, from all
          liabilities arising or relating to, or in connection with, the Third
          Party Claim and (c) involves no finding or admission of any violation
          of Legal Requirements or the rights of any Person and no effect on any
          other claims that may be made against the Indemnified Party.

               10.4.4 Indemnified Party's Control. If the Indemnifying Party
          does not deliver the notice contemplated by clause (a), or the
          evidence contemplated by clause (b), of Section 10.4.2 within 15 days
          after the Indemnified Party has given notice of the Third Party Claim,
          or otherwise at any time fails to conduct the defense of the Third
          Party Claim actively and diligently, the Indemnified Party may defend,
          and may consent to the entry of any judgment or enter into any
          compromise or settlement with respect to, the Third Party Claim in any
          manner it may deem appropriate (and the Indemnified Party need not
          consult with, or obtain any consent from, the Indemnifying Party in
          connection therewith). If such notice and evidence is given on a
          timely basis and the Indemnifying Party conducts the defense of the
          Third Party Claim actively and diligently but any of the other
          conditions in Section 10.4.2 is or becomes unsatisfied, the
          Indemnified Party may defend, and may consent to the entry of any
          judgment or enter into any compromise or settlement with respect to,
          the Third Party Claim; provided, however, that the Indemnifying Party
          will not be bound by the entry of any such judgment consented to, or
          any such compromise or settlement effected, without its prior written

                                      -50-
<PAGE>

          consent (which consent will not be unreasonably withheld or delayed).
          In the event that the Indemnified Party conducts the defense of the
          Third Party Claim pursuant to this Section 10.4.4, the Indemnifying
          Party will (a) advance the Indemnified Party promptly and periodically
          for the costs of defending against the Third Party Claim (including
          reasonable outside attorneys' fees and expenses, but excluding the
          expenses of any attorneys who are employees of the Indemnified Party)
          and (b) remain responsible for any and all other Losses that the
          Indemnified Party may incur or suffer resulting from, arising out of,
          relating to, in the nature of or caused by the Third Party Claim to
          the fullest extent provided in this Section 10.

               10.4.5 Consent to Jurisdiction Regarding Third Party Claim. The
          Buyer and each of the Sellers, each in its capacity as an Indemnifying
          Party, hereby consents to the non-exclusive jurisdiction of any court
          in which any Third Party Claim may brought against any Indemnified
          Party for purposes of any claim which such Indemnified Party may have
          against such Indemnifying Party pursuant to this Agreement in
          connection with such Third Party Claim, and in furtherance thereof,
          the provisions of Section 12.12 are incorporated herein by reference,
          mutatis mutandis.

          10.5. No Circular Recovery. Each Seller hereby agrees that it will not
     make any claim for indemnification against the Buyer or the Company by
     reason of the fact that such Seller was a controlling person, director,
     employee or Representative of the Company or was serving as such for
     another Person at the request of the Buyer or the Company (whether such
     claim is for Losses of any kind or otherwise and whether such claim is
     pursuant to any statute, Organizational Document, Contractual Obligation or
     otherwise) with respect to any claim brought by a Buyer Indemnified Person
     against any Seller relating to this Agreement or any of the Contemplated
     Transactions. With respect to any claim brought by a Buyer Indemnified
     Person against any Seller relating to this Agreement and any of the
     Contemplated Transactions, each Seller expressly waives any right of
     subrogation, contribution, advancement, indemnification or other claim
     against the Company with respect to any amounts owed by such Seller
     pursuant to this Section 10.

          10.6. Other Limitations.

               10.6.1 Insurance. The amount of any Losses shall be reduced or
          reimbursed, as the case may be, by any amount received by the
          Indemnified Party with respect thereto under any insurance coverage,
          less all reasonable out-of-pocket costs incurred by the Indemnified
          Party in its pursuit of such amount. The Indemnified Party will use
          reasonable efforts to collect any amounts available under such
          insurance coverage. The Indemnifying Party will compensate the
          Indemnified Party for all costs incurred by the Indemnified Party
          subsequent either to the reduction of any indemnification claim or the
          delivery of any such insurance proceeds to the Indemnifying Party, as
          the case may be, as a result of any increase at any time in the costs
          of such insurance, including, but not limited to, retrospective
          premium adjustments, experience-based premium adjustments (whether
          retroactive or prospective) and indemnification or surety obligations
          of the Indemnified Party to any insurer resulting from any claim made
          pursuant to this section. If an Indemnified Party receives an amount
          under insurance coverage with respect to Losses at any time subsequent
          to any indemnification provided by an Indemnifying Party, then such
          Indemnified Party shall promptly reimburse the Indemnifying Party for
          any payment made or expense incurred by such party in connection with
          providing such indemnification up to such amount received by the

                                      -51-
<PAGE>

          Indemnified Party. Notwithstanding the foregoing, the Indemnified
          Party will not be required to pursue a recovery from an insurer in the
          event that the Indemnified Party determines in its reasonable judgment
          that the pursuit of proceeds under such coverage would likely result
          in such Indemnified Party being unable to obtain or maintain similar
          insurance coverage at commercially reasonable rates as a result of its
          seeking such proceeds.

               10.6.2 Mitigation. Indemnified Parties shall act in a
          commercially reasonable manner in addressing any Losses that may
          provide the basis for an indemnifiable claim (that is, the Indemnified
          Parties shall respond to such Losses in the same manner that they
          would respond to such Losses in the absence of the indemnification
          provided for in this Agreement, provided that the Indemnified Parties
          shall not be required to incur any undue expense or take any action
          that would cause undue hardship, including impairing its ability to
          conduct business). Any request for indemnification of specific costs
          shall include invoices and supporting documents containing reasonably
          detailed information about the costs and/or damages for which
          indemnification is being sought.

               10.6.3 No Double Recovery. Notwithstanding anything herein to the
          contrary, no party shall be entitled to indemnification or
          reimbursement under any provision of this Agreement for any amount to
          the extent such party has been indemnified or reimbursed for such
          amount under any other provision of this Agreement or otherwise.

          10.7. Remedies Cumulative. The rights of each Buyer Indemnified Person
     and Seller Indemnified Person under this Section 10 are cumulative, and
     each Buyer Indemnified Person and Seller Indemnified Person, as the case
     may be, will have the right in any particular circumstance, in its sole
     discretion, to enforce any provision of this Section 10 without regard to
     the availability of a remedy under any other provision of this Section 10.

          10.8. Knowledge and Investigation. No Buyer Indemnified Person will
     have a right to indemnification pursuant to this Section 10 with respect to
     any breach or inaccuracy of any representation or warranty, referred to in
     Section 10.1(a) or 10.1(c), which in either case any individual listed in
     Section 5.7 had actual knowledge of any such inaccuracy or breach of such
     representation or warranty. If any condition contained in this Agreement or
     in any Ancillary Agreement based on the breach of any such representation
     or warranty, or on the performance of or compliance with any such covenant
     or agreement is waived in writing by an Indemnified Party, the right of
     such Indemnified Party to indemnification pursuant to this Section 10 based
     on such representation, warranty, covenant or agreement shall be deemed
     waived at Closing.

          10.9. Sources of Indemnification for Buyer Indemnified Persons. If a
     Buyer Indemnified Person has an indemnification claim pursuant to this
     Section 10, which claim is not paid in cash by the Sellers, the Buyer shall
     first seek to satisfy such indemnification claim from the Escrow Amount
     pursuant to terms of the Escrow Agreement, up to the full Escrow Amount. If
     the Buyer has unsatisfied claims which exhaust the entire Escrow Amount,
     then the Buyer may seek direct recovery against the Sellers in accordance
     with the terms of this Section 10 for any excess.

                                      -52-
<PAGE>

          10.10. Exclusive Remedy. Except for remedies that cannot be waived as
     a matter of law or as provided in Section 10, if the Closing occurs, the
     indemnities provided for in this Section 10 are the sole and exclusive
     remedies of the Indemnified Parties for any breach of this Agreement,
     including those caused by any breach of or inaccuracy in any representation
     or warranty or any breach, nonfulfillment or default in the performance of
     any of the covenants or agreements contained in this Agreement, other than
     claims based on conduct constituting fraud, fraud in the inducement,
     intentional misrepresentation or claims based on breaches of Sections 6.10
     and 6.12. The parties shall not be entitled to a rescission of this
     Agreement, or to any further indemnification rights or other claims of any
     nature whatsoever in respect thereof (whether by contract, common law,
     statute, law, regulation or otherwise, including, without limitation, under
     the Racketeer Influence and Corrupt Organizations Act of 1970, as amended),
     all of which the parties hereby waive.

     11. TAX MATTERS

          11.1. S Corporation Matters

               11.1.1 S-Corporation Status. The Company and Sellers shall not
          revoke the Company's election to be taxed as an S corporation within
          the meaning of Code sections 1361 and 1362. The Company and Sellers
          shall not take or allow any action that would result in the
          termination of the Company's status as a validly electing S
          corporation within the meaning of Code sections 1361 and 1362.

               11.1.2 Section 338(h)(10) Election. The Company and each Seller
          shall join with Buyer in making an election under Code section
          338(h)(10) (and any corresponding election under state, local, and
          foreign tax law) with respect to the purchase and sale of the Stock
          hereunder (collectively, a "338(h)(10) Election"). Sellers shall
          include any income, gain, loss, deduction, or other tax item resulting
          from the ss.338(h)(10) Election on their Tax Returns to the extent
          required by applicable law. Sellers shall also pay any Tax imposed on
          the Company attributable to the making of the ss.338(h)(10) Election,
          including (i) any 1374 Tax, (ii) any other tax imposed under Reg.
          ss.1.338(h)(10)-1(d)(2), or (iii) any other state, local or foreign
          Tax imposed on the Company gain, and Sellers shall indemnify Buyer and
          the Company against any Losses arising out of any failure to pay any
          such Taxes.

               11.1.3 Forms. The Buyer agrees that it shall be responsible for
          the preparation of all forms and schedules required to be filed in
          connection with the Section 338(h)(10) Election other than IRS Form
          8023 ("Section 338 Forms"), including IRS Form 8883 and all
          attachments required to be filed therewith pursuant to the applicable
          Treasury Regulations. The Section 338 Forms shall be prepared in
          accordance with the allocation described in Section 11.1.4. No later
          than 90 days after the Closing Date, the Buyer shall furnish the
          Sellers with a copy of the Section 338 Forms prepared by the Buyer and
          executed by the proper party on behalf of the Buyer. On or before the
          30th day prior to the latest date for filing the Section 338 Forms,
          the Buyer and each Seller shall agree upon the form and content of the
          Section 338 Forms to be filed within the applicable time period and
          each Seller shall deliver to the Buyer a copy of such Section 338
          Forms executed by such Seller. The Buyer shall file such Section 338
          Forms and IRS Form 8023 with the IRS or other appropriate taxing
          authority within the applicable time period. The Buyer shall be
          responsible for filing all Section 338 Forms and IRS Form 8023 with
          the proper taxing authorities, provided that the Sellers shall be
          responsible for filing any Section 338 Form that must be filed with a
          Tax Return that the Seller is responsible for preparing and filing.

                                      -53-
<PAGE>

               11.1.4 Allocation. Within five Business Days following the date
          of this Agreement, the Sellers shall provide to the Buyer a proposed
          allocation of the Purchase Price plus liabilities deemed assumed (the
          "Tax Purchase Price") for the deemed sale of the assets resulting from
          the making of the Section 338(h)(10) Election. The Tax Purchase Price
          shall be allocated using principles that are consistent with Code
          ss.ss.338 and 1060 and the regulations thereunder. The Buyer and
          Seller shall mutually agree on a final allocation ("Final Allocation")
          of the Tax Purchase Price prior to the Closing Date.

               11.1.5 Modification; Revocation; Consistent Treatment. The Buyer
          and the Sellers agree that none of them shall, nor shall any of them
          permit any of their Affiliates to, take any action to modify the
          Section 338 Forms following the execution thereof, or to modify or
          revoke the Section 338(h)(10) Election following the filing of the
          Section 338 Forms, without the written consent of the Sellers and the
          Buyer. The Buyer and the Sellers shall, and shall cause their
          respective Affiliates to, file all Tax Returns and take positions in
          all Tax proceedings in a manner consistent with the information
          contained in the Section 338 Forms as filed and the Final Allocation.

          11.2. Tax Indemnification. Each Seller will jointly and severally
     indemnify, exonerate and hold free and harmless each Buyer Indemnified
     Person from and against any Losses attributable to (a) all Taxes of the
     Company described in Section 11.1.2, (b) all Taxes (or the non-payment
     thereof), other than Taxes in clause (a) of this Section 11.2, of the
     Company for all Taxable periods ending on or before the Closing Date and
     the portion through the end of the Closing Date for any Taxable period that
     includes (but does not end on) the Closing Date ("Pre-Closing Tax Period"),
     (c) all Taxes of any member of an affiliated, consolidated, combined or
     unitary group of which the Company is or was a member on or prior to the
     Closing Date, including pursuant to Treasury Regulation Section 1.1502-6 or
     any analogous or similar state, local, or foreign law or regulation and (d)
     any and all Taxes of any Person imposed on the Company as a transferee or
     successor, by contract, or otherwise; provided, however, that Sellers will
     be liable for Taxes pursuant to clauses (b), (c) and (d) above only to the
     extent that such Taxes exceed the amount, if any, reserved for such Taxes
     (excluding any reserve for deferred Taxes established to reflect timing
     differences between book and Tax income) on the face of the Most Recent
     Balance Sheet (rather than in any notes thereto), as such reserve is
     adjusted for the passage of time through the Closing Date in accordance
     with the past custom and practice of the Company for ordinary course
     operations (excluding the deemed sale of assets that occurs as a result of
     the Section 338(h)(10) Election) in filing its Tax Returns.

                                      -54-
<PAGE>

          11.3. Straddle Period. In the case of any Taxable period that includes
     (but does not end on) the Closing Date (a "Straddle Period"), the amount of
     any Taxes of the Company based upon or measured by net income or gain for
     the Pre-Closing Tax Period will be determined based on an interim closing
     of the books as of the close of business on the Closing Date (and for such
     purpose, the Taxable period of any partnership or other pass-through entity
     in which the Company holds a beneficial interest will be deemed to
     terminate at such time). The amount of Taxes other than Taxes of the
     Company based upon or measured by net income or gain for a Straddle Period
     which relate to the Pre-Closing Tax Period will be deemed to be the amount
     of such Tax for the entire Taxable period multiplied by a fraction, the
     numerator of which is the number of days in the Taxable period ending on
     the Closing Date and the denominator of which is the number of days in such
     Straddle Period.

          11.4. Tax Sharing Agreements. All Tax sharing agreements or similar
     agreements and all powers of attorney with respect to or involving the
     Company will be terminated prior to the Closing and, after the Closing, the
     Company will not be bound thereby or have any Liability thereunder.

          11.5. Certain Taxes and Fees. All transfer, documentary, sales, use
     stamp, registration and other such Taxes, and any conveyance fees or
     recording charges incurred in connection with the Contemplated
     Transactions, will be paid by Sellers when due. Sellers will, at their own
     expense, file all necessary Tax Returns and other documentation with
     respect to all such Taxes, fees and charges and, if required by applicable
     law, Buyer will (and will cause its Affiliates to) join in the execution of
     any such Tax Returns and other documentation.

          11.6. Cooperation on Tax Matters. Buyer, the Company, and Sellers will
     cooperate fully, as and to the extent reasonably requested by the other
     party, in connection with any Tax matters relating to the Company
     (including by the provision of reasonably relevant records or information).
     The party requesting such cooperation will pay the reasonable out-of-pocket
     expenses of the other party.

          11.7. Preclosing Tax Returns. The Sellers shall prepare and file (or
     cause the Company to prepare and file) all income Tax Returns relating to
     the Company for taxable periods ending on or prior to the Closing. The
     Buyer shall provide the Sellers with such cooperation and information as
     they reasonably may request (and the Buyer shall cause the Company to
     provide such cooperation and information) in filing any Tax Return, amended
     Tax Return or claim for refund, determining a liability for Taxes or a
     right to a refund of Taxes or participating in or conducting any audit or
     other proceeding in respect of Taxes.

     12. MISCELLANEOUS

          12.1. Notices. All notices, requests, demands, claims and other
     communications required or permitted to be delivered, given or otherwise
     provided under this Agreement must be in writing and must be delivered,
     given or otherwise provided:

                    (a) by hand (in which case, it will be effective upon
               delivery);

                    (b) by facsimile (in which case, it will be effective upon
               receipt of confirmation of good transmission); or

                    (c) by overnight delivery by a nationally recognized courier
               service (in which case, it will be effective on the Business Day
               after being deposited with such courier service);

                                      -55-
<PAGE>

      in each case, to the address (or facsimile number) listed below:

         If to the Company, to it at:

                  Planning Group International, Inc.
                  12910 SW 89 Court
                  Miami, FL 33176
                  Telephone number: (305) 253-0100
                  Facsimile number: (305) 253-0013
                  Attention: Gaston Legorburu

         with a copy to:

                  Greenberg Traurig, P.A.
                  1221 Brickell Avenue
                  Miami, FL 33131
                  Telephone number: (305) 579-0685
                  Facsimile number: (305) 961-5685
                  Attention: Paul Berkowitz

         If to the Buyer, to it at:

                  Sapient Corporation
                  25 First Street
                  Cambridge, Massachusetts 02141
                  Telephone number:  (617) 621-0200
                  Facsimile number: (617) 621-1300
                  Attention:  Jane E. Owens, Sr. Vice President
                  & General Counsel

         with a copy to:

                  Ropes & Gray LLP
                  One International Place
                  Boston, Massachusetts 02110
                  Telephone number:  (617) 951-7000
                  Facsimile number: (617) 951-7050
                  Attention: Keith F. Higgins

         If to the Sellers, to the Sellers' Representative.

         If to the Sellers' Representative, to:

                  Gaston Legorburu
                  12910 SW 89 Court
                  Miami, FL 33176
                  Telephone number: (305) 253-0100
                  Facsimile number: (305) 253-0013

         with a copy to:

                  Greenberg Traurig, P.A.
                  1221 Brickell Avenue
                  Miami, FL 33131
                  Telephone number: (305) 579-0685
                  Facsimile number: (305) 961-5685
                  Attention: Paul Berkowitz

         Each of the parties to this Agreement may specify different address or
         facsimile number by giving notice in accordance with this Section 12.1
         to each of the other parties hereto.

                                      -56-
<PAGE>

          12.2. Succession and Assignment; No Third-Party Beneficiary. Subject
     to the immediately following sentence, this Agreement will be binding upon
     and inure to the benefit of the parties hereto and their respective
     successors and permitted assigns, each of which such successors and
     permitted assigns will be deemed to be a party hereto for all purposes
     hereof. No party may assign, delegate or otherwise transfer either this
     Agreement or any of its rights, interests, or obligations hereunder without
     the prior written approval of the other parties; provided, however, that
     the Buyer may (a) assign any or all of its rights and interests hereunder
     to one or more of its Affiliates and (b) designate one or more of its
     Affiliates to perform its obligations hereunder, in each case, so long as
     Buyer is not relieved of any Liability hereunder. Except as expressly
     provided herein, this Agreement is for the sole benefit of the parties and
     their permitted successors and assignees and nothing herein expressed or
     implied will give or be construed to give any Person, other than the
     parties and such successors and assignees, any legal or equitable rights
     hereunder.

          12.3. Amendments and Waivers. No amendment or waiver of any provision
     of this Agreement will be valid and binding unless it is in writing and
     signed, in the case of an amendment, by Buyer, the Company and the Sellers'
     Representative, or in the case of a waiver, by the party (in the case of
     the Sellers, by the Sellers' Representative) against whom the waiver is to
     be effective. No waiver by any party of any breach or violation or, default
     under or inaccuracy in any representation, warranty or covenant hereunder,
     whether intentional or not, will be deemed to extend to any prior or
     subsequent breach, violation, default of, or inaccuracy in, any such
     representation, warranty or covenant hereunder or affect in any way any
     rights arising by virtue of any prior or subsequent such occurrence. No
     delay or omission on the part of any party in exercising any right, power
     or remedy under this Agreement will operate as a waiver thereof.

          12.4. Provisions Concerning Sellers' Representative.

               12.4.1 Appointment. Each Seller hereby appoints Gaston Legorburu
          as the agent, proxy and attorney-in-fact for such Seller for all
          purposes under this Agreement (including full power and authority to
          act on the Sellers' behalf). Without limiting the generality of the
          foregoing, the Sellers' Representative will be authorized to:

                                      -57-
<PAGE>

                    (a) in connection with the Closing, execute and receive all
               documents, instruments, certificates, statements and agreements
               on behalf of and in the name of the Sellers necessary to
               effectuate the Closing and consummate the Contemplated
               Transactions;

                    (b) take all actions on behalf of the Sellers in connection
               with any claims made under Section 10 to defend or settle such
               claims, and to make payments in respect of such claims;

                    (c) take all actions on behalf of the Sellers in connection
               with the escrow account established pursuant to the Escrow
               Agreement (including giving any instructions to the Escrow Agent,
               on behalf of the Sellers, to pay from such escrow account any
               amounts owed by the Sellers pursuant to this Agreement);

                    (d) execute and deliver, should it elect to do so in its
               sole discretion, on behalf of the Sellers, any amendment to this
               Agreement so long as such amendment will apply equally to all
               Sellers; and

                    (e) take all other actions to be taken by or on behalf of
               the Sellers and exercise any and all rights which the Sellers are
               permitted or required to do or exercise under this Agreement.

               12.4.2 Liability. The Sellers' Representative will not be liable
          to any Seller for any action taken by it in good faith pursuant to
          this Agreement, and the Sellers will jointly and severally indemnify
          the Sellers' Representative from any Losses arising out of its serving
          as the Sellers' Representative hereunder. The Sellers' Representative
          is serving in that capacity solely for purposes of administrative
          convenience, and is not personally liable in such capacity for any of
          the obligations of the Sellers hereunder, and the Buyer agrees that it
          will not look to the personal assets of the Sellers' Representative,
          acting in such capacity, for the satisfaction of any obligations to be
          performed by the Sellers hereunder.

          12.5. Entire Agreement. This Agreement, together with the other
     Ancillary Agreements and any documents, instruments and certificates
     explicitly referred to herein, constitutes the entire agreement among the
     parties hereto with respect to the subject matter hereof and supersedes any
     and all prior discussions, negotiations, proposals, undertakings,
     understandings and agreements, whether written or oral, with respect
     thereto.

          12.6. Schedules; Listed Documents, etc. The listing or description of
     any item, matter or document in any Schedule hereto will be deemed to
     modify, qualify or disclose an exception to any representation or warranty
     of any party made herein or in connection herewith to which it reasonably
     relates.

          12.7. Counterparts. This Agreement may be executed in any number of
     counterparts, each of which will be deemed an original, but all of which
     together will constitute but one and the same instrument. This Agreement
     will become effective when duly executed by each party hereto.

                                      -58-
<PAGE>

          12.8. Severability. Any term or provision of this Agreement that is
     invalid or unenforceable in any situation in any jurisdiction will not
     affect the validity or enforceability of the remaining terms and provisions
     hereof or the validity or enforceability of the offending term or provision
     in any other situation or in any other jurisdiction. In the event that any
     provision hereof would, under applicable law, be invalid or unenforceable
     in any respect, each party hereto intends that such provision will be
     construed by modifying or limiting it so as to be valid and enforceable to
     the maximum extent compatible with, and possible under, applicable law.

          12.9. Headings. The headings contained in this Agreement are for
     convenience purposes only and will not in any way affect the meaning or
     interpretation hereof.

          12.10. Construction. The parties have participated jointly in the
     negotiation and drafting of this Agreement. In the event an ambiguity or
     question of intent or interpretation arises, this Agreement will be
     construed as if drafted jointly by the parties and no presumption or burden
     of proof will arise favoring or disfavoring any party by virtue of the
     authorship of any of the provisions of this Agreement. The parties intend
     that each representation, warranty and covenant contained herein will have
     independent significance. Except as otherwise set forth herein, if any
     party has breached or violated, or if there is an inaccuracy in, any
     representation, warranty or covenant contained herein in any respect, the
     fact that there exists another representation, warranty or covenant
     relating to the same subject matter (regardless of the relative levels of
     specificity) which the party has not breached or violated, or in respect of
     which there is not an inaccuracy, will not detract from or mitigate the
     fact that the party has breached or violated, or there is an inaccuracy in,
     the first representation, warranty or covenant.

          12.11. Governing Law. This Agreement, the rights of the parties and
     all Actions arising in whole or in part under or in connection herewith,
     will be governed by and construed in accordance with the domestic
     substantive laws of The Commonwealth of Massachusetts, without giving
     effect to any choice or conflict of law provision or rule that would cause
     the application of the laws of any other jurisdiction.

          12.12. Jurisdiction; Venue; Service of Process.

               12.12.1 Jurisdiction. Subject to the provisions of Section
          10.4.5, each party to this Agreement, by its execution hereof, (a)
          hereby irrevocably submits to the exclusive jurisdiction of the state
          courts of The Commonwealth of Massachusetts or the United States
          District Court located in The Commonwealth of Massachusetts for the
          purpose of any Action between the parties arising in whole or in part
          under or in connection with this Agreement, (b) hereby waives to the
          extent not prohibited by applicable law, and agrees not to assert, by
          way of motion, as a defense or otherwise, in any such Action, any
          claim that it is not subject personally to the jurisdiction of the
          above-named courts, that its property is exempt or immune from
          attachment or execution, that any such Action brought in one of the
          above-named courts should be dismissed on grounds of forum non
          conveniens, should be transferred or removed to any court other than
          one of the above-named courts, or should be stayed by reason of the
          pendency of some other proceeding in any other court other than one of
          the above-named courts, or that this Agreement or the subject matter
          hereof may not be enforced in or by such court and (c) hereby agrees
          not to commence any such Action other than before one of the
          above-named courts. Notwithstanding the previous sentence a party may
          commence any Action in a court other than the above-named courts
          solely for the purpose of enforcing an order or judgment issued by one
          of the above-named courts.

                                      -59-
<PAGE>

               12.12.2 Venue. Each party agrees that for any Action between the
          parties arising in whole or in part under or in connection with this
          Agreement, such party bring Actions only in the City of Boston. Each
          party further waives any claim and will not assert that venue should
          properly lie in any other location within the selected jurisdiction.

               12.12.3 Service of Process. Each party hereby (a) consents to
          service of process in any Action between the parties arising in whole
          or in part under or in connection with this Agreement in any manner
          permitted by Massachusetts law, (b) agrees that service of process
          made in accordance with clause (a) or made by registered or certified
          mail, return receipt requested, at its address specified pursuant to
          Section 12.1, will constitute good and valid service of process in any
          such Action and (c) waives and agrees not to assert (by way of motion,
          as a defense, or otherwise) in any such Action any claim that service
          of process made in accordance with clause (a) or (b) does not
          constitute good and valid service of process.

          12.13. Waiver of Jury Trial. TO THE EXTENT NOT PROHIBITED BY
     APPLICABLE LAW THAT CANNOT BE WAIVED, THE PARTIES HEREBY WAIVE, AND
     COVENANT THAT THEY WILL NOT ASSERT (WHETHER AS PLAINTIFF, DEFENDANT OR
     OTHERWISE), ANY RIGHT TO TRIAL BY JURY IN ANY ACTION ARISING IN WHOLE OR IN
     PART UNDER OR IN CONNECTION WITH THIS AGREEMENT OR ANY OF THE CONTEMPLATED
     TRANSACTIONS, WHETHER NOW EXISTING OR HEREAFTER ARISING, AND WHETHER
     SOUNDING IN CONTRACT, TORT OR OTHERWISE. THE PARTIES AGREE THAT ANY OF THEM
     MAY FILE A COPY OF THIS PARAGRAPH WITH ANY COURT AS WRITTEN EVIDENCE OF THE
     KNOWING, VOLUNTARY AND BARGAINED-FOR AGREEMENT AMONG THE PARTIES
     IRREVOCABLY TO WAIVE ITS RIGHT TO TRIAL BY JURY IN ANY PROCEEDING
     WHATSOEVER BETWEEN THEM RELATING TO THIS AGREEMENT OR ANY OF THE
     CONTEMPLATED TRANSACTIONS WILL INSTEAD BE TRIED IN A COURT OF COMPETENT
     JURISDICTION BY A JUDGE SITTING WITHOUT A JURY.

                                      -60-
<PAGE>

                                                        Stock Purchase Agreement

     IN WITNESS WHEREOF, each of the undersigned has executed this Agreement as
an agreement under seal as of the date first above written.

  THE BUYER:                                  SAPIENT CORPORATION

                                              By: /s/ Jerry Greenberg
                                                  -------------------
                                                  Name:  Jerry Greenberg
                                                  Title: Co-Chief Executive
                                                         Officer

  THE COMPANY:                                PLANNING GROUP INTERNATIONAL, INC.

                                              By: /s/ Carey Feick
                                                  ---------------
                                                  Name:  Carey Feick
                                                  Title: President

  THE SELLERS:                                CAREY FEICK

                                              /s/ Carey Feick
                                              ---------------

                                              CARTER NORRIS

                                              /s/ Carter Norris
                                              -----------------

                                              GASTON LEGORBURU

                                              /s/ Gaston Legorburu
                                              --------------------

                                              PATRICK MACDOUGALL

                                              /s/ Patrick MacDougall
                                              ----------------------

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