Document:

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                                                                   EXHIBIT 10.14

                      NAVIANT TECHNOLOGY SOLUTIONS, INC.
                           STOCK PURCHASE AGREEMENT
                           ------------------------

          AGREEMENT made as of this __ day of _________, 19__, by and between
Naviant Technology Solutions, Inc., a Delaware corporation and
_____________________________, Optionee under the Corporation's 1999 Stock
Option/Stock Issuance Plan.

          All capitalized terms in this Agreement shall have the meaning
assigned to them in this Agreement or in the attached Appendix.

     A.  EXERCISE OF OPTION
         ------------------

              1.  Exercise.  Optionee hereby purchases ___________ shares of
                  --------
Common Stock (the "Purchased Shares") pursuant to that certain option (the
"Option") granted Optionee on ____________________, 199__ (the "Grant Date") to
purchase up to _______________ shares of Common Stock under the Plan at the
exercise price of $______ per share (the "Exercise Price").

              2.  Payment.  Concurrently with the delivery of this Agreement to
                  -------
the Corporation, Optionee shall pay the Exercise Price for the Purchased Shares
in accordance with the provisions of the Option Agreement and shall deliver
whatever additional documents may be required by the Option Agreement as a
condition for exercise, together with a duly-executed blank Assignment Separate
from Certificate (in the form attached hereto as Exhibit I) with respect to the
Purchased Shares.

              3.  Escrow.  The Corporation shall have the right to hold the
                  ------
certificates representing any Purchased Shares which are subject to the
Repurchase Right in escrow.

              4.  Stockholder Rights.  Until such time as the Corporation
                  ------------------
exercises the Repurchase Right or the First Refusal Right, Optionee (or any
successor in interest) shall have all the rights of a stockholder (including
voting, dividend and liquidation rights) with respect to the Purchased Shares,
including any Purchased Shares held in escrow hereunder, subject, however, to
the transfer restrictions of Articles B and C.

     B.  SECURITIES LAW COMPLIANCE
         -------------------------

              1.  Restricted Securities.  The Purchased Shares have not been
                  ---------------------
registered under the 1933 Act and are being issued to Optionee in reliance upon
the exemption from such registration provided by SEC Rule 701 for stock
issuances under compensatory benefit plans such as the Plan.  Optionee hereby
confirms that Optionee has been informed that the Purchased Shares are
restricted securities under the 1933 Act and may not be resold or transferred
unless the Purchased Shares are first registered under the Federal securities
laws or unless an exemption from such registration is available.  Accordingly,
Optionee hereby acknowledges that Optionee is prepared to hold the Purchased
Shares for an indefinite period and that Optionee is aware that SEC Rule 144
issued under the 1933 Act which exempts certain resales of unrestricted
securities
<PAGE>

is not presently available to exempt the resale of the Purchased Shares from the
registration requirements of the 1933 Act.

          2.   Restrictions on Disposition of Purchased Shares.  Optionee shall
               -----------------------------------------------
make no disposition of the Purchased Shares (other than a Permitted Transfer)
unless and until there is compliance with all of the following requirements:

               (i)    Optionee shall have provided the Corporation with a
     written summary of the terms and conditions of the proposed
     disposition.

               (ii)   Optionee shall have complied with all requirements
     of this Agreement applicable to the disposition of the Purchased
     Shares.

               (iii)  Optionee shall have provided the Corporation with
     written assurances, in form and substance satisfactory to the Corporation,
     that (a) the proposed disposition does not require registration of the
     Purchased Shares under the 1933 Act or (b) all appropriate action
     necessary for compliance with the registration requirements of the 1933
     Act or any exemption from registration available under the 1933 Act
     (including Rule 144) has been taken.

          The Corporation shall not be required (i) to transfer on its books any
                                ---
Purchased Shares which have been sold or transferred in violation of the
provisions of this Agreement or (ii) to treat as the owner of the Purchased
                             --
Shares, or otherwise to accord voting, dividend or liquidation rights to, any
transferee to whom the Purchased Shares have been transferred in contravention
of this Agreement.

          3.   Restrictive Legends.  The stock certificates for the Purchased
               -------------------
Shares shall be endorsed with the following restrictive legends:

               (i)   "The shares represented by this certificate have not
     been registered under the Securities Act of 1933. The shares may not
     be sold or offered for sale in the absence of (a) an effective
     registration statement for the shares under such Act, (b) a 'no
     action' letter of the Securities and Exchange Commission with respect
     to such sale or offer or (c) satisfactory assurances to the
     Corporation that registration under such Act is not required with
     respect to such sale or offer."

               (ii) "The shares represented by this certificate are
     unvested and are subject to certain repurchase rights and rights of
     first refusal granted to the Corporation and accordingly may not be
     sold, assigned, transferred, encumbered, or in any manner disposed of
     except in conformity with the terms of a written agreement dated
     ____________, 199__ between the Corporation and the registered holder
     of the shares (or the predecessor in interest to the shares). A copy
     of such agreement is maintained at the Corporation's principal
     corporate offices."

                                      2.
<PAGE>

     C.  TRANSFER RESTRICTIONS
         ---------------------

            1.   Restriction on Transfer.  Except for any Permitted Transfer,
                 -----------------------
Optionee shall not transfer, assign, encumber or otherwise dispose of any of the
Purchased Shares which are subject to the Repurchase Right.  In addition,
Purchased Shares which are released from the Repurchase Right shall not be
transferred, assigned, encumbered or otherwise disposed of in contravention of
the First Refusal Right or the Market Stand-Off.

            2.   Transferee Obligations. Each person (other than the
                 ----------------------
Corporation) to whom the Purchased Shares are transferred by means of a
Permitted Transfer must, as a condition precedent to the validity of such
transfer, acknowledge in writing to the Corporation that such person is bound by
the provisions of this Agreement and that the transferred shares are subject to
(i) the Repurchase Right, (ii) the First Refusal Right and (iii) the Market
Stand-Off, to the same extent such shares would be so subject if retained by
Optionee.

            3.   Market Stand-Off.
                 ----------------

                 (a) In connection with any underwritten public offering by the
Corporation of its equity securities pursuant to an effective registration
statement filed under the 1933 Act, including the Corporation's initial public
offering, Owner shall not sell, make any short sale of, loan, hypothecate,
pledge, grant any option for the purchase of, or otherwise dispose or transfer
for value or otherwise agree to engage in any of the foregoing transactions with
respect to, any Purchased Shares without the prior written consent of the
Corporation or its underwriters.  Such restriction (the "Market Stand-Off")
shall be in effect for such period of time from and after the effective date of
the final prospectus for the offering as may be requested by the Corporation or
such underwriters.  In no event, however, shall such period exceed one hundred
eighty (180) days and the Market Stand-Off shall in all events terminate two (2)
years after the effective date of the Corporation's initial public offering.

                 (b) Owner shall be subject to the Market Stand-Off provided and
                                                                    ------------
only if the officers and directors of the Corporation are also subject to
-------
similar restrictions.

                 (c) Any new, substituted or additional securities which are by
reason of any Recapitalization or Reorganization distributed with respect to the
Purchased Shares shall be immediately subject to the Market Stand-Off, to the
same extent the Purchased Shares are at such time covered by such provisions.

                 (d) In order to enforce the Market Stand-Off, the Corporation
may impose stop-transfer instructions with respect to the Purchased Shares until
the end of the applicable stand-off period.

     D.  REPURCHASE RIGHT
         ----------------

              1.  Grant.  The Corporation is hereby granted the right (the
                  -----
"Repurchase Right"), exercisable at any time during the ninety (90)-day period
following the date Optionee ceases for any reason to remain in Service or (if
later) during the ninety (90)-day period following the execution date of this
Agreement, to repurchase at the Exercise Price all or any portion of the
Purchased Shares in which Optionee is not, at the time of his or her cessation
of

                                       3.
<PAGE>

Service,  vested in accordance with the Vesting Schedule (such shares to be
hereinafter referred to as the "Unvested Shares").

          2.   Exercise of the Repurchase Right.  The Repurchase Right shall be
               --------------------------------
exercisable by written notice delivered to each Owner of the Unvested Shares
prior to the expiration of the ninety (90)-day exercise period.  The notice
shall indicate the number of Unvested Shares to be repurchased and the date on
which the repurchase is to be effected, such date to be not more than thirty
(30) days after the date of such notice.  The certificates representing the
Unvested Shares to be repurchased shall be delivered to the Corporation prior to
the close of business on the date specified for the repurchase.  Concurrently
with the receipt of such stock certificates, the Corporation shall pay to Owner,
in cash or cash equivalents (including the cancellation of any purchase-money
indebtedness), an amount equal to the Exercise Price previously paid for the
Unvested Shares which are to be repurchased from Owner.

          3.   Termination of the Repurchase Right.  The Repurchase Right shall
               -----------------------------------
terminate with respect to any Unvested Shares for which it is not timely
exercised under Paragraph D.2.  In addition, the Repurchase Right shall
terminate and cease to be exercisable with respect to any and all Purchased
Shares in which Optionee vests in accordance with the Vesting Schedule.  All
Purchased Shares as to which the Repurchase Right lapses shall, however, remain
subject to (i) the First Refusal Right and (ii) the Market Stand-Off.

          4.   Aggregate Vesting Limitation.  If the Option is exercised in more
               ----------------------------
than one increment so that Optionee is a party to one or more other Stock
Purchase Agreements (the "Prior Purchase Agreements") which are executed prior
to the date of this Agreement, then the total number of Purchased Shares as to
which Optionee shall be deemed to have a fully-vested interest under this
Agreement and all Prior Purchase Agreements shall not exceed in the aggregate
the number of Purchased Shares in which Optionee would otherwise at the time be
vested, in accordance with the Vesting Schedule, had all the Purchased Shares
(including those acquired under the Prior Purchase Agreements) been acquired
exclusively under this Agreement.

          5.   Recapitalization.  Any new, substituted or additional securities
               ----------------
or other property (including cash paid other than as a regular cash dividend)
which is by reason of any Recapitalization distributed with respect to the
Purchased Shares shall be immediately subject to the Repurchase Right, but only
to the extent the Purchased Shares are at the time covered by such right.
Appropriate adjustments to reflect such distribution shall be made to the number
and/or class of Purchased Shares subject to this Agreement and to the price per
share to be paid upon the exercise of the Repurchase Right in order to reflect
the effect of any such Recapitalization upon the Corporation's capital
structure; provided, however, that the aggregate purchase price shall remain the
           --------
same.  Any securities or other property (including cash) distributed with
respect to the Purchased Shares may be held in escrow.

          6.   Corporate Transaction.
               ---------------------

               (a) The Repurchase Right shall lapse immediately prior to the
consummation of the Corporate Transaction except to the extent assigned to the
successor corporation (or parent thereof) in connection with the Corporate
Transaction.

                                       4.
<PAGE>

               (b) To the extent the Repurchase Right remains in effect
following a Corporate Transaction, such right shall apply to the new capital
stock or other property (including any cash payments) received in exchange for
the Purchased Shares in consummation of the Corporate Transaction, but only to
the extent the Purchased Shares are at the time covered by such right.
Appropriate adjustments shall be made to the price per share payable upon
exercise of the Repurchase Right to reflect the effect of the Corporate
Transaction upon the Corporation's capital structure; provided, however, that
                                                      --------
the aggregate purchase price shall remain the same. Any capital stock or other
property (including any cash payments) received in exchange for the Purchased
Shares may be held in escrow.

     E.  RIGHT OF FIRST REFUSAL
         ----------------------

          1.   Grant.  The Corporation is hereby granted the right of first
               -----
refusal (the "First Refusal Right"), exercisable in connection with any proposed
transfer of the Purchased Shares in which Optionee has vested in accordance with
the Vesting Schedule.  For purposes of this Article E, the term "transfer" shall
include any sale, assignment, pledge, encumbrance or other disposition of the
Purchased Shares intended to be made by Owner, but shall not  include any
Permitted Transfer.

          2.   Notice of Intended Disposition.  In the event any Owner of
               ------------------------------
Purchased Shares in which Optionee has vested desires to accept a bona fide
third-party offer for the transfer of any or all of such shares (the Purchased
Shares subject to such offer to be hereinafter referred to as the "Target
Shares"), Owner shall promptly (i) deliver to the Corporation written notice
(the "Disposition Notice") of the terms of the offer, including the purchase
price and the identity of the third-party offeror, and (ii) provide satisfactory
proof that the disposition of the Target Shares to such third-party offeror
would not be in contravention of the provisions set forth in Articles B and C.

          3.   Exercise of the First Refusal Right.  The Corporation shall, for
               -----------------------------------
a period of forty-five (45) days following receipt of the Disposition Notice,
have the right to repurchase any or all of the Target Shares subject to the
Disposition Notice upon the same terms as those specified therein or upon such
other terms (not materially different from those specified in the Disposition
Notice) to which Owner consents.  Such right shall be exercisable by delivery of
written notice (the "Exercise Notice") to Owner prior to the expiration of the
forty-five (45)-day exercise period.  If such right is exercised with respect to
all the Target Shares, then the Corporation shall effect the repurchase of such
shares, including payment of the purchase price, not more than fifteen (15)
business days after delivery of the Exercise Notice; and at such time the
certificates representing the Target Shares shall be delivered to the
Corporation.

          Should the purchase price specified in the Disposition Notice be
payable in property other than cash or evidences of indebtedness, the
Corporation shall have the right to pay the purchase price in the form of cash
equal in amount to the value of such property.  If Owner and the Corporation
cannot agree on such cash value within thirty (30) days after the Corporation's
receipt of the Disposition Notice, the valuation shall be made by an appraiser
of recognized standing selected by Owner and the Corporation or, if they cannot
agree on an appraiser within forty-five (45) days after the Corporation's
receipt of the Disposition Notice, each shall select an appraiser of recognized
standing and the two (2) appraisers shall designate a

                                       5.
<PAGE>

third appraiser of recognized standing, whose appraisal shall be determinative
of such value. The cost of such appraisal shall be shared equally by Owner and
the Corporation. The closing shall then be held on the later of (i) the
                                                       -----
fifteenth (15th) business day following delivery of the Exercise Notice or (ii)
the fifteenth (15th) business day after such valuation shall have been made.

          4.   Non-Exercise of the First Refusal Right.  In the event the
               ---------------------------------------
Exercise Notice is not given to Owner prior to the expiration of the forty-five
(45)-day exercise period, Owner shall have a period of thirty (30) days
thereafter in which to sell or otherwise dispose of the Target Shares to the
third-party offeror identified in the Disposition Notice upon terms (including
the purchase price) no more favorable to such third-party offeror than those
specified in the Disposition Notice; provided, however, that any such sale or
                                     --------
disposition must not be effected in contravention of the provisions of Article B
and Paragraph C.3.  The third-party offeror shall acquire the Target Shares free
and clear of the Repurchase Right and the First Refusal Right, but the acquired
shares shall remain subject to Article B and Paragraph C.3.  In the event Owner
does not effect such sale or disposition of the Target Shares within the
specified thirty (30)-day period, the First Refusal Right shall continue to be
applicable to any subsequent disposition of the Target Shares by Owner until
such right lapses.

          5.   Partial Exercise of the First Refusal Right.  In the event the
               -------------------------------------------
Corporation makes a timely exercise of the First Refusal Right with respect to a
portion, but not all, of the Target Shares specified in the Disposition Notice,
Owner shall have the option, exercisable by written notice to the Corporation
delivered within fifteen (15) business days after Owner's receipt of the
Exercise Notice, to effect the sale of the Target Shares pursuant to either of
the following alternatives:

               (i)  sale or other disposition of all the Target Shares to
     the third-party offeror identified in the Disposition Notice, but in
     full compliance with the requirements of Paragraph E.4, as if the
     Corporation did not exercise the First Refusal Right; or

               (ii) sale to the Corporation of the portion of the Target
     Shares which the Corporation has elected to purchase, such sale to be
     effected in substantial conformity with the provisions of Paragraph
     E.3. The First Refusal Right shall continue to be applicable to any
     subsequent disposition of the remaining Target Shares until such
     right lapses.

          Failure of Owner to deliver timely notification to the Corporation
shall be deemed to be an election by Owner to sell the Target Shares pursuant to
alternative (i) above.

          6.   Recapitalization/Reorganization.
               -------------------------------

               (a) Any new, substituted or additional securities or other
property which is by reason of any Recapitalization distributed with respect to
the Purchased Shares shall be immediately subject to the First Refusal Right,
but only to the extent the Purchased Shares are at the time covered by such
right.

                                       6.
<PAGE>

               (b) In the event of a Reorganization, the First Refusal Right
shall remain in full force and effect and shall apply to the new capital stock
or other property received in exchange for the Purchased Shares in consummation
of the Reorganization, but only to the extent the Purchased Shares are at the
time covered by such right.

          7.   Lapse.  The First Refusal Right shall lapse upon the earliest to
               -----                                                --------
occur of (i) the first date on which shares of the Common Stock are held of
record by more than five hundred (500) persons, (ii) a determination is made by
the Board that a public market exists for the outstanding shares of Common Stock
or (iii) a firm commitment underwritten public offering, pursuant to an
effective registration statement under the 1933 Act, covering the offer and sale
of the Common Stock in the aggregate amount of at least ten million dollars
($10,000,000).  However, the Market Stand-Off shall continue to remain in full
force and effect following the lapse of the First Refusal Right.

     F.  SPECIAL TAX ELECTION
         --------------------

          The acquisition of the Purchased Shares may result in adverse tax
consequences which may be avoided or mitigated by filing an election under Code
Section 83(b).  Such election must be filed within thirty (30) days after the
date of this Agreement.  A description of the tax consequences applicable to the
acquisition of the Purchased Shares and the form for making the Code Section
83(b) election are set forth in Exhibit II.  OPTIONEE SHOULD CONSULT WITH HIS OR
HER TAX ADVISOR TO DETERMINE THE TAX CONSEQUENCES OF ACQUIRING THE PURCHASED
SHARES AND THE ADVANTAGES AND DISADVANTAGES OF FILING THE CODE SECTION 83(b)
ELECTION.  OPTIONEE ACKNOWLEDGES THAT IT IS OPTIONEE'S SOLE RESPONSIBILITY, AND
NOT THE CORPORATION'S, TO FILE A TIMELY ELECTION UNDER CODE SECTION 83(b), EVEN
IF OPTIONEE REQUESTS THE CORPORATION OR ITS REPRESENTATIVES TO MAKE THIS FILING
ON HIS OR HER BEHALF.

     G.  GENERAL PROVISIONS
         ------------------

          1. Assignment. The Corporation may assign the Repurchase Right and/or
             ----------
the First Refusal Right to any person or entity selected by the Board, including
(without limitation) one or more stockholders of the Corporation.

          2. No Employment or Service Contract. Nothing in this Agreement or in
             ---------------------------------
the Plan shall confer upon Optionee any right to continue in Service for any
period of specific duration or interfere with or otherwise restrict in any way
the rights of the Corporation (or any Parent or Subsidiary employing or
retaining Optionee) or of Optionee, which rights are hereby expressly reserved
by each, to terminate Optionee's Service at any time for any reason, with or
without cause.

          3. Notices. Any notice required to be given under this Agreement shall
             -------
be in writing and shall be deemed effective upon personal delivery or upon
deposit in the U.S. mail, registered or certified, postage prepaid and properly
addressed to the party entitled to such notice at the address indicated below
such party's signature line on this Agreement or at such other

                                       7.
<PAGE>

address as such party may designate by ten (10) days advance written notice
under this paragraph to all other parties to this Agreement.

          4.   No Waiver.  The failure of the Corporation in any instance to
               ---------
exercise the Repurchase Right or the First Refusal Right shall not constitute a
waiver of any other repurchase rights and/or rights of first refusal that may
subsequently arise under the provisions of this Agreement or any other agreement
between the Corporation and Optionee.  No waiver of any breach or condition of
this Agreement shall be deemed to be a waiver of any other or subsequent breach
or condition, whether of like or different nature.

          5.   Cancellation of Shares.  If the Corporation shall make available,
               ----------------------
at the time and place and in the amount and form provided in this Agreement, the
consideration for the Purchased Shares to be repurchased in accordance with the
provisions of this Agreement, then from and after such time, the person from
whom such shares are to be repurchased shall no longer have any rights as a
holder of such shares (other than the right to receive payment of such
consideration in accordance with this Agreement).  Such shares shall be deemed
purchased in accordance with the applicable provisions hereof, and the
Corporation shall be deemed the owner and holder of such shares, whether or not
the certificates therefor have been delivered as required by this Agreement.

          6.   Optionee Undertaking.  Optionee hereby agrees to take whatever
               --------------------
additional action and execute whatever additional documents the Corporation may
deem necessary or advisable in order to carry out or effect one or more of the
obligations or restrictions imposed on either Optionee or the Purchased Shares
pursuant to the provisions of this Agreement.

          7.   Governing Law.  This Agreement shall be governed by, and
               -------------
construed in accordance with, the laws of _______________ without resort to that
State's conflict-of-laws rules.

          8.   Successors and Assigns.  The provisions of this Agreement shall
               ----------------------
inure to the benefit of, and be binding upon, the Corporation and its successors
and assigns and upon Optionee, Optionee's permitted assigns and the legal
representatives, heirs and legatees of Optionee's estate, whether or not any
such person shall have become a party to this Agreement and have agreed in
writing to join herein and be bound by the terms hereof.

                                       8.
<PAGE>

          IN WITNESS WHEREOF, the parties have executed this Agreement on the
day and year first indicated above.

                                             NAVIANT TECHNOLOGY SOLUTIONS, INC.

                                             By:________________________________

                                             Title:_____________________________

                                             Address:___________________________

                                             ___________________________________

                                             ___________________________________
                                             OPTIONEE

                                             Address:___________________________

                                             ___________________________________

                                      9.
<PAGE>

                                   EXHIBIT I

                     ASSIGNMENT SEPARATE FROM CERTIFICATE

          FOR VALUE RECEIVED ____________________ hereby sell(s), assign(s) and
transfer(s) unto Naviant Technology Solutions, Inc. (the "Corporation"),
__________________ (_______) shares of the Common Stock of the Corporation
standing in his or her name on the books of the Corporation represented by
Certificate No. __________________ herewith and do(es) hereby irrevocably
constitute and appoint __________________________ Attorney to transfer the said
stock on the books of the Corporation with full power of substitution in the
premises.

Dated: _________________

                                  Signature:_______________________________

Instruction:  Please do not fill in any blanks other than the signature line.
Please sign exactly as you would like your name to appear on the issued stock
certificate.  The purpose of this assignment is to enable the Corporation to
exercise the Repurchase Right without requiring additional signatures on the
part of Optionee.
<PAGE>

                                  EXHIBIT II

                        FEDERAL INCOME TAX CONSEQUENCES
                        AND SECTION 83(b) TAX ELECTION

     I.   Federal Income Tax Consequences and Section 83(b) Election For
          --------------------------------------------------------------
Exercise of Non-Statutory Option.  If the Purchased Shares are acquired pursuant
--------------------------------
to the exercise of a Non-Statutory Option, as specified in the Grant Notice,
then under Code Section 83, the excess of the Fair Market Value of the Purchased
Shares on the date any forfeiture restrictions applicable to such shares lapse
over the Exercise Price paid for such shares will be reportable as ordinary
income on the lapse date.  For this purpose, the term "forfeiture restrictions"
includes the right of the Corporation to repurchase the Purchased Shares
pursuant to the Repurchase Right.  However, Optionee may elect under Code
Section 83(b) to be taxed at the time the Purchased Shares are acquired, rather
than when and as such Purchased Shares cease to be subject to such forfeiture
restrictions.  Such election must be filed with the Internal Revenue Service
within thirty (30) days after the date of the Agreement.  Even if the Fair
Market Value of the Purchased Shares on the date of the Agreement equals the
Exercise Price paid (and thus no tax is payable), the election must be made to
avoid adverse tax consequences in the future.  The form for making this election
is attached as part of this exhibit.  FAILURE TO MAKE THIS FILING WITHIN THE
APPLICABLE THIRTY (30)-DAY PERIOD WILL RESULT IN THE RECOGNITION OF ORDINARY
INCOME BY OPTIONEE AS THE FORFEITURE RESTRICTIONS LAPSE.

     II.  Federal Income Tax Consequences and Conditional Section 83(b) Election
          ----------------------------------------------------------------------
For Exercise of Incentive Option.  If the Purchased Shares are acquired pursuant
--------------------------------
to the exercise of an Incentive Option, as specified in the Grant Notice, then
the following tax principles shall be applicable to the Purchased Shares:

               (i)     For regular tax purposes, no taxable income will be
     recognized at the time the Option is exercised.

               (ii)    The excess of (a) the Fair Market Value of the Purchased
     Shares on the date the Option is exercised or (if later) on the date any
     forfeiture restrictions applicable to the Purchased Shares lapse over (b)
     the Exercise Price paid for the Purchased Shares will be includible in
     Optionee's taxable income for alternative minimum tax purposes.

               (iii)   If Optionee makes a disqualifying disposition of the
     Purchased Shares, then Optionee will recognize ordinary income in the year
     of such disposition equal in amount to the excess of (a) the Fair Market
     Value of the Purchased Shares on the date the Option is exercised or (if
     later) on the date any forfeiture restrictions applicable to the Purchased
     Shares lapse over (b) the Exercise Price paid for the Purchased Shares. Any
     additional gain recognized upon the disqualifying disposition will be
     either short-term or long-term capital gain depending upon the period for
     which the Purchased Shares are held prior to the disposition.
<PAGE>

               (iv)   For purposes of the foregoing, the term "forfeiture
     restrictions" will include the right of the Corporation to repurchase the
     Purchased Shares pursuant to the Repurchase Right. The term "disqualifying
     disposition" means any sale or other disposition /1/ of the Purchased
     Shares within two (2) years after the Grant Date or within one (1) year
     after the exercise date of the Option.

               (v)    Optionee may, in connection with the exercise of the
     Option for any Purchased Shares at the time subject to forfeiture
     restrictions, file a protective election under Code Section 83(b) which
     would limit Optionee's alternative minimum taxable income upon exercise to
     the excess of the Fair Market Value of the Purchased Shares on the date the
     Option is exercised over the Exercise Price paid for the Purchased Shares.
     In the absence of final Treasury Regulations relating to Incentive Options,
     it is not certain whether Optionee may similarly file a protective election
     under Section 83(b) which would limit Optionee's ordinary income upon a
     disqualifying disposition to the excess of the Fair Market Value of the
     Purchased Shares on the date the Option is exercised over the Exercise
     Price paid for the Purchased Shares. Accordingly, such election if properly
     filed will only be allowed to the extent the final Treasury Regulations
     permit such a protective election. Page 2 of the attached form for making
     the election should be filed with any election made in connection with the
     exercise of an Incentive Option.

______________________
/1/  Generally, a disposition of shares purchased under an Incentive Option
includes any transfer of legal title, including a transfer by sale, exchange or
gift, but does not include a transfer to the Optionee's spouse, a transfer into
joint ownership with right of survivorship if Optionee remains one of the joint
owners, a pledge, a transfer by bequest or inheritance or certain tax free
exchanges permitted under the Code.

                                     II-2.
<PAGE>

                            SECTION 83(b) ELECTION

          This statement is being made under Section 83(b) of the Internal
Revenue Code, pursuant to Treas. Reg. Section 1.83-2.

(1)  The taxpayer who performed the services is:
     Name:
     Address:
     Taxpayer Ident. No.:

(2)  The property with respect to which the election is being made is
     ___________ shares of the common stock of Naviant Technology Solutions,
     Inc.

(3)  The property was issued on ____________________.

(4)  The taxable year in which the election is being made is the calendar year
     ______________.

(5)  The property is subject to a repurchase right pursuant to which the issuer
     has the right to acquire the property at the original purchase price if for
     any reason taxpayer's employment with the issuer is terminated.  The
     issuer's repurchase right lapses in a series of installments over a
     ________-year period ending on ___________, 200__.

(6)  The fair market value at the time of transfer (determined without regard to
     any restriction other than a restriction which by its terms will never
     lapse) is $_____________ per share.

(7)  The amount paid for such property is $__________ per share.

(8)  A copy of this statement was furnished to Naviant Technology Solutions,
     Inc. for whom taxpayer rendered the services underlying the transfer of
     property.

(9)  This statement is executed on _________________________.

_______________________________________  _______________________________________
Spouse (if any)                          Taxpayer

This election must be filed with the Internal Revenue Service Center with which
taxpayer files his or her Federal income tax returns and must be made within
thirty (30) days after the execution date of the Stock Purchase Agreement.  This
filing should be made by registered or certified mail, return receipt requested.
Optionee must retain two (2) copies of the completed form for filing with his or
her Federal and state tax returns for the current tax year and an additional
copy for his or her records.
<PAGE>

The property described in the above Section 83(b) election is comprised of
shares of common stock acquired pursuant to the exercise of an incentive stock
option under Section 422 of the Internal Revenue Code (the "Code").
Accordingly, it is the intent of the Taxpayer to utilize this election to
achieve the following tax results:

          1.   The purpose of this election is to have the alternative minimum
taxable income attributable to the purchased shares measured by the amount by
which the fair market value of such shares at the time of their transfer to the
Taxpayer exceeds the purchase price paid for the shares.  In the absence of this
election, such alternative minimum taxable income would be measured by the
spread between the fair market value of the purchased shares and the purchase
price which exists on the various lapse dates in effect for the forfeiture
restrictions applicable to such shares.  The election is to be effective to the
full extent permitted under the Code.

          2.   Section 421(a)(1) of the Code expressly excludes from income any
excess of the fair market value of the purchased shares over the amount paid for
such shares.  Accordingly, this election is also intended to be effective in the
event there is a "disqualifying disposition" of the shares, within the meaning
of Section 421(b) of the Code, which would otherwise render the provisions of
Section 83(a) of the Code applicable at that time.  Consequently, the Taxpayer
hereby elects to have the amount of disqualifying disposition income measured by
the excess of the fair market value of the purchased shares on the date of
transfer to the Taxpayer over the amount paid for such shares.  Since Section
421(a) presently applies to the shares which are the subject of this Section
83(b) election, no taxable income is actually recognized for regular tax
purposes at this time, and no income taxes are payable, by the Taxpayer as a
result of this election.

THIS PAGE 2 IS TO BE ATTACHED TO ANY SECTION 83(b) ELECTION FILED IN CONNECTION
WITH THE EXERCISE OF AN INCENTIVE STOCK OPTION UNDER THE FEDERAL TAX LAWS.

                                      2.
<PAGE>

                                   APPENDIX
                                   --------

          The following definitions shall be in effect under the Agreement:

     A.   Agreement shall mean this Stock Purchase Agreement.
          ---------

     B.   Board shall mean the Corporation's Board of Directors.
          -----

     C.   Code shall mean the Internal Revenue Code of 1986, as amended.
          ----

     D.   Common Stock shall mean the Corporation's common stock.
          ------------

     E.   Corporate Transaction shall mean either of the following stockholder-
          ---------------------
approved transactions:

               (i)    a merger or consolidation in which securities possessing
     more than fifty percent (50%) of the total combined voting power of the
     Corporation's outstanding securities are transferred to a person or persons
     different from the persons holding those securities immediately prior to
     such transaction, or

               (ii)   the sale, transfer or other disposition of all or
     substantially all of the Corporation's assets in complete liquidation or
     dissolution of the Corporation.

     F.   Corporation shall mean Naviant Technology Solutions, Inc., a Delaware
          -----------
corporation.

     G.   Disposition Notice shall have the meaning assigned to such term in
          ------------------
Paragraph E2.

     H.   Exercise Notice shall have the meaning assigned to such term in
          ---------------
Paragraph E.3.

     I.   Exercise Price shall have the meaning assigned to such term in
          --------------
Paragraph A.1.

     J.   Fair Market Value of a share of Common Stock on any relevant date,
          -----------------
prior to the initial public offering of the Common Stock, shall be determined by
the Plan Administrator after taking into account such factors as it shall deem
appropriate.

     K.   First Refusal Right shall mean the right granted to the Corporation in
          -------------------
accordance with Article E.

     L.   Grant Date shall have the meaning assigned to such term in Paragraph
          ----------
A.1.

     M.   Grant Notice shall mean the Notice of Grant of Stock Option pursuant
          ------------
to which Optionee has been informed of the basic terms of the Option.

                                     A-1.
<PAGE>

     N.   Incentive Option shall mean an option which satisfies the requirements
          ----------------
of Code Section 422.

     O.   Market Stand-Off shall mean the market stand-off restriction specified
          ----------------
in Paragraph C.3.

     P.   Misconduct shall mean the commission of any act of fraud, embezzlement
          ----------
or dishonesty by Optionee, any unauthorized use or disclosure by Optionee of
confidential information or trade secrets of the Corporation (or any Parent or
Subsidiary), or any other intentional misconduct by Optionee adversely affecting
the business or affairs of the Corporation (or any Parent or Subsidiary) in a
material manner.  The foregoing definition shall not be deemed to be inclusive
of all the acts or omissions which the Corporation (or any Parent or Subsidiary)
may consider as grounds for the dismissal or discharge of Optionee or any other
person in the Service of the Corporation (or any Parent or Subsidiary).

     Q.   1933 Act shall mean the Securities Act of 1933, as amended.
          --------

     R.   Non-Statutory Option shall mean an option not intended to satisfy the
          --------------------
requirements of Code Section 422.

     S.   Option shall have the meaning assigned to such term in Paragraph A.1.
          ------

     T.   Option Agreement shall mean all agreements and other documents
          ----------------
evidencing the Option.

     U.   Optionee shall mean the person to whom the Option is granted under the
          --------
Plan.

     V.   Owner shall mean Optionee and all subsequent holders of the Purchased
          -----
Shares who derive their chain of ownership through a Permitted Transfer from
Optionee.

     W.   Parent shall mean any corporation (other than the Corporation) in an
          ------
unbroken chain of corporations ending with the Corporation, provided each
corporation in the unbroken chain (other than the Corporation) owns, at the time
of the determination, stock possessing fifty percent (50%) or more of the total
combined voting power of all classes of stock in one of the other corporations
in such chain.

     X.   Permitted Transfer shall mean (i) a gratuitous transfer of the
          ------------------
Purchased Shares, provided and only if Optionee obtains the Corporation's prior
                           ---
written consent to such transfer, (ii) a transfer of title to the Purchased
Shares effected pursuant to Optionee's will or the laws of intestate succession
following Optionee's death or (iii) a transfer to the Corporation in pledge as
security for any purchase-money indebtedness incurred by Optionee in connection
with the acquisition of the Purchased Shares.

     Y.   Plan shall mean the Corporation's 1999 Stock Option/Stock Issuance
          ----
Plan.

     AA.  Plan Administrator shall mean either the Board or a committee of Board
          ------------------
members, to the extent the committee is at the time responsible for
administration of the Plan.

                                     A-2.
<PAGE>

     AB.  Prior Purchase Agreement shall have the meaning assigned to such term
          ------------------------
in Paragraph D.4.

     AC.  Purchased Shares shall have the meaning assigned to such term in
          ----------------
Paragraph A.1.

     AD.  Recapitalization shall mean any stock split, stock dividend,
          ----------------
recapitalization, combination of shares, exchange of shares or other change
affecting the Corporation's outstanding Common Stock as a class without the
Corporation's receipt of consideration.

     AE.  Reorganization shall mean any of the following transactions:
          --------------

               (i)    a merger or consolidation in which the Corporation is not
the surviving entity,

               (ii)   a sale, transfer or other disposition of all or
substantially all of the Corporation's assets,

               (iii)  a reverse merger in which the Corporation is the surviving
entity but in which the Corporation's outstanding voting securities are
transferred in whole or in part to a person or persons different from the
persons holding those securities immediately prior to the merger, or

               (iv)   any transaction effected primarily to change the state in
which the Corporation is incorporated or to create a holding company structure.

     AF.  Repurchase Right shall mean the right granted to the Corporation in
          ----------------
accordance with Article D.

     AG.  SEC shall mean the Securities and Exchange Commission.
          ---

     AH.  Service shall mean Optionee's provision of services to the Corporation
          -------
(or any Parent or Subsidiary) in the capacity of an employee, subject to the
control and direction of the employer entity as to both the work to be performed
and the manner and method of performance, a non-employee member of the board of
directors or a consultant or independent advisor.

     AI.  Subsidiary shall mean any corporation (other than the Corporation) in
          ----------
an unbroken chain of corporations beginning with the Corporation, provided each
corporation (other than the last corporation) in the unbroken chain owns, at the
time of the determination, stock possessing fifty percent (50%) or more of the
total combined voting power of all classes of stock in one of the other
corporations in such chain.

     AJ.  Target Shares shall have the meaning assigned to such term in
          -------------
Paragraph E.2.

     AK.  Vesting Schedule shall mean the vesting schedule specified in the
          ----------------
Grant Notice, subject to the acceleration provisions upon an Involuntary
Termination following a Corporate Transaction.

                                     A-3.
<PAGE>

     AL.  Unvested Shares shall have the meaning assigned to such term in
          ---------------
Paragraph D.1.

                                     A-2.<PAGE>

                                                                   EXHIBIT 10.15

                             EMPLOYMENT AGREEMENT

          This Employment Agreement (this "Agreement") is made and entered into
as of September 15, 1999, by and between Naviant Technology Solutions, Inc., a
Delaware corporation (the "Company"), and Raymond Butkus, an individual (the
"Executive").

                                    RECITALS
                                    --------

          WHEREAS, the Company desires to hire the Executive and the Executive
desires to become employed by the Company; and

          WHEREAS, the Company and the Executive have determined that it is in
their respective best interest to enter into this Agreement on the terms and
conditions as set forth herein.

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

     1.   EMPLOYMENT TERMS AND DUTIES
          ---------------------------

          1.1  Employment.  The Company hereby employs the Executive, and the
               ----------
Executive hereby accepts employment by the Company, upon the terms and
conditions set forth in this Agreement.

          1.2  Duties.  The Executive shall serve as Senior Vice President,
               ------
overseeing Sales and Marketing for the Company. The Executive shall perform all
reasonable duties assigned by the President of the Company. The Company agrees
to provide Executive with Proprietary Information and specialized training
necessary to assist Executive in performing his duties under this Agreement.
During the term of his employment hereunder, the Executive shall devote his full
working time and efforts to the performance of his duties and the furtherance of
the interests of the Company and shall not be otherwise employed.
Notwithstanding the above, Executive may serve as a director or trustee of other
organizations, or engage in charitable, civic, and/or governmental activities
provided that such service and activities do not prevent Executive from
performing his duties under this Agreement and further provided that Executive
obtains written consent for all such activities from a designated committee of
the Company. As of the date of this Agreement, all such approved activities are
set forth on Exhibit 1 to this Agreement. Executive may also engage in personal
activities, including, without limitation, personal investments (subject to
Section 3.1.1), provided that such activities do not interfere with his
performance of duties hereunder.

          1.3  Term.  Subject to the provisions of Section 1.5 below, the
               ----                                -----------
initial term of employment of the Executive under this Agreement shall commence
on the closing date of the Company's acquisition of IQ2.net (the "Hire Date")
and shall continue for a period of twenty-four (24) months (the "Initial Term").
This Agreement will automatically be renewed by mutual agreement of the parties
for an additional one (1) year period, unless notice of non-renewal is given to
Executive in writing by the Company at least six months prior to the expiration
of the Initial Term. (When used herein, the phrase "Employment Term" shall refer
to the Initial Term and any subsequent renewal period under this Agreement).

          1.4  Compensation and Benefits.
               -------------------------

               1.4.1  Base Salary.  In consideration of the services rendered to
                      -----------
the Company hereunder by the Executive and the Executive's covenants hereunder,
the Company shall, during the

                                       1
<PAGE>

Employment Term, pay the Executive a salary at the annual rate of Two Hundred
Thousand Dollars ($200,000.00) (the "Base Salary"), less statutory deductions
and withholdings, payable in accordance with the Company's regular payroll
practices. The Base Salary shall be subject to review and modification, but any
modification will only be binding and effective if it is contained in a written
agreement, duly executed by Executive and by the designated representative of
the Company's Board of Directors.

               1.4.2    Incentive Compensation.  In addition to the Base Salary,
                        ----------------------
Executive shall also be entitled to receive annual Incentive Compensation in the
event, and only in the event, the Company achieves target financial objectives
("Target") as set forth in the annual financial plan approved by the Company's
Board of Directors. Executive shall be entitled to Incentive Compensation in
accordance with the following provisions:

                        (i)   At the conclusion of the time period from the
commencement of this Agreement until December 31, 1999, Executive shall be
entitled to receive Incentive Compensation in an amount to be determined by the
Board of Directors, in their sole discretion.

                        (ii)  At the conclusion of the calendar year 2000,
Executive shall be entitled to receive Incentive Compensation of Eighty Thousand
Dollars ($80,000.00) in the event that the Company achieves its Target for
revenue and/or pretax objectives for calendar year 2000 as those objectives are
set forth and approved by the Board of Directors. In the event that the Company
exceeds its Target financial objectives, Executive shall be eligible to receive
additional Incentive Compensation of up to Twenty Thousand Dollars ($20,000.00)
at a rate determined by the Board of Directors. Provided, however, that in no
                                                -----------------------------
event shall Executive be entitled to total combined Incentive Compensation for
------------------------------------------------------------------------------
his calendar year 2000 in excess of One Hundred Thousand Dollars ($100,000.00).
------------------------------------------------------------------------------
The actual Incentive Compensation amount shall be calculated based upon separate
weightings attributed to revenue objectives and pre-tax income objectives as set
forth and approved by the Board of Directors of the Company in the Company's
annual operating plan.

                        (iii) At the conclusion of the calendar year 2001,
Executive shall be entitled to receive Incentive Compensation of Eighty Thousand
Dollars ($80,000.00) in the event that the Company achieves its Target for
revenue and/or pretax objectives for calendar year 2001 as those objectives are
set forth and approved by the Board of Directors. In the event that the Company
exceeds its Target financial objectives, Executive shall be eligible to receive
additional Incentive Compensation of up to Twenty Thousand Dollars ($20,000.00)
at a rate determined by the Board of Directors. Provided, however, that in no
                                                -----------------------------
event shall Executive be entitled to total combined Incentive Compensation for
------------------------------------------------------------------------------
his calendar year 2001 in excess of One Hundred Thousand Dollars ($100,000.00).
------------------------------------------------------------------------------
The actual Incentive Compensation amount shall be calculated based upon separate
weightings attributed to revenue objectives and pre-tax income objectives as set
forth and approved by the Board of Directors of the Company in the Company's
annual operating plan.

               1.4.3    Benefits Package. In addition to the Base Salary,
                        ----------------
during the Employment Term, the Executive shall be entitled to receive such
employee benefits and holidays as may be in effect from time to time as are
afforded to other executives of the Company

               1.4.4    Vacation.  The Executive shall be entitled to four (4)
                        --------
weeks' vacation each year of employment.

               1.4.5    Expenses.  The Company shall, upon receipt from the
                        --------
Executive of supporting receipts to the extent required by applicable income tax
regulations and the Company's

                                       2
<PAGE>

reimbursement policies, reimburse the Executive for all out-of-pocket business
expenses reasonably incurred by the Executive in connection with his employment
hereunder.

               1.4.6    Stock Option. The Executive will be entitled to
                        ------------
participate in the Company's Stock Option Plan at the discretion of the
Company's Board of Directors upon the terms and conditions set forth in the
stock option agreement to be executed separately from this Agreement.

          1.5  Termination.  The Executive's employment and this Agreement
               -----------
(except as otherwise provided hereunder) shall terminate upon the occurrence of
any of the following, at the time set forth therefor (the "Termination Date"):

               1.5.1    Death or Disability.  Immediately upon the death of the
                        -------------------
Executive or the determination by the Company that the Executive has ceased to
be able to perform the essential functions of his duties, with or without
reasonable accommodation, for a period of not less than ninety (90) days, due to
a mental or physical illness or incapacity ("Disability") (termination pursuant
to this Section 1.5.1 being referred to herein as termination for "Death or
        -------------
Disability"); or

               1.5.2    Voluntary Termination. Thirty (30) days following the
                        ---------------------
Executive's written notice to the Company of termination of employment;
provided, however, that the Company may waive all or a portion of the thirty
--------- -------
(30) days' notice and accelerate the effective date of such termination (and the
Termination Date) (termination pursuant to this Section 1.5.2 being referred to
                                                -------------
herein as "Voluntary" termination); or

               1.5.3    Termination For Cause.  Immediately following notice of
                        ---------------------
termination for "Cause" (as defined below), specifying such Cause, given by the
Company (termination pursuant to this Section 1.5.3 being referred to herein as
                                      -------------
termination for "Cause").  As used herein, "Cause" means termination based on
(i) the Executive's material breach of this Agreement after receiving written
notification from the Company and following a reasonable cure period, (ii) the
Executive's conviction or plea of "guilty" or "no contest" to (x) any crime
constituting a felony in the jurisdiction in which committed, (y) any crime
involving moral turpitude (whether or not a felony), or (z) any other violation
of criminal law involving dishonesty or willful misconduct that materially
injures the Company (whether or not a felony), (iii) substance abuse by the
Executive that in any manner materially interferes with the performance of his
duties under this Agreement, (iv) the failure or refusal of the Executive to
follow the lawful and proper directives of the Company that are within the scope
of the Executive's duties set forth in Section 1.2 above and that is not
                                       -----------
corrected within fifteen (15) days after written notice from the Company to the
Executive identifying such failure or refusal, (v) willful malfeasance or gross
misconduct by the Executive that discredits or damages the Company including,
without limitation, any breach of his obligations under Section 2 or Section 3
                                                        ---------    ---------
below, (vi) indictment of the Executive for a felony violation of the federal
securities laws, (vii) the Executive's chronic absence from work for reasons
other than illness, or (viii) material sub-par performance (as determined by the
Board of Directors of the Company) by Executive of Executive's duties (provided
that, under this part (viii), Executive shall be entitled to a one-time ninety
                                                               --------
(90) day period in which to improve his material sub-par performance; in the
event that the Company chooses not to terminate Executive's employment after
such 90-day period, the Company may elect at any time in the future to terminate
the Executive's employment in accordance with this provision without further
notice to Executive or grant of time to improve his performance); or

               1.5.4    Termination Without Cause.  Thirty (30) days following
                        -------------------------
notice of termination without Cause given by the Company; provided, however,
                                                          --------- -------
that during any such thirty (30) day notice period, the Company may suspend,
with no reduction in pay or benefits, the Executive from his duties as set forth
herein (including, without limitation, the Executive's position as a
representative

                                       3
<PAGE>

and agent of the Company) (termination pursuant to this Section 1.5.4 being
                                                        -------------
referred to herein as termination "Without Cause").

               1.5.5    Other Remedies.  Termination pursuant to Section 1.5.3
                        --------------                           -------------
above shall be in addition to and without prejudice to any other right or remedy
to which the Company may be entitled at law, in equity, or under this Agreement.

          1.6  Severance and Termination.
               -------------------------

               1.6.1    Voluntary Termination, Termination for Cause,
                        ---------------------------------------------
Termination for Death or Disability.  In the case of a termination of
-----------------------------------
Executive's employment hereunder for Death or Disability in accordance with
Section 1.5.1 above, or Executive's Voluntary termination of employment
-------------
hereunder in accordance with Section 1.5.2 above, or a termination of the
                             -------------
Executive's employment hereunder for Cause in accordance with Section 1.5.3
                                                              -------------
above, (i) the Executive shall not be entitled to receive payment of, and the
Company shall have no obligation to pay, any severance or similar compensation
attributable to such termination, other than Base Salary earned but unpaid,
accrued but unused vacation to the extent allowed by the Company's policies,
vested benefits under any employee benefit plan, and any unreimbursed expenses
pursuant to Section 1.4.5 hereof incurred by the Executive as of the termination
            -------------
date, and (ii) the Company's obligations under this Agreement shall immediately
cease.

               1.6.2    Termination Without Cause; Non-Renewal. In the case of a
                        --------------------------------------
termination of the Executive's employment hereunder Without Cause in accordance
with Section 1.5.4 above, the Company shall pay the Executive Twelve (12)
     -------------
months' salary (hereinafter the "Severance Payment"), payable at the times and
subject to the tax withholding specified in Section 1.4.1 above.  The Company's
                                            -------------
obligation to pay and the Executive's right to receive the Severance Payment
shall cease in the event of the Executive's breach of his obligations under
Section 2 or Section 3 below.  It is expressly acknowledged that the provisions
---------    ---------
of this Section 1.6.2 have the effect, in some or all cases of termination of
        -------------
the Executive's employment, of eliminating or reducing compensation (salary,
bonuses, and/or benefits) which would have been paid or available had
Executive's employment not been terminated.

          1.7  Offset Against Severance.  During the period in which the
               ------------------------
Executive is receiving Severance Payments from the Company (the "Severance
Period"), such Severance Payments to be provided to the Executive shall be
reduced on a dollar-for-dollar basis by any wages actually received by the
Executive during the Severance Period for full-time employment.  The Executive
promises and agrees to promptly advise the Company of the amount and source of
any wages received by him.

     2.  CONFIDENTIAL INFORMATION - NON-DISCLOSURE
         -----------------------------------------

          2.1  Recognition of the Company's Rights: Nondisclosure.  Executive
               --------------------------------------------------
understands that the Company possesses Proprietary Information, which the
Company agrees to disclose to Executive for the purpose of performing his duties
under this Agreement.

               2.1.1    "Proprietary Information" shall mean Information (as
defined below) of value to the Company that is created, invented, developed,
prepared, conceived, reduced to practice, made, suggested, discovered, received,
or learned by the Company including, for example, but not limited to, any trade
secret, know-how, show-how and other proprietary information, irrespective of
(a) whether in tangible or non-tangible form, (b) whether patentable or
copyrighted or subject to confidentiality, (c) its media, (d) whether solely or
jointly created, invented, developed, prepared, conceived, reduced to practice,
made, suggested, discovered, received, or learned by Executive and/or one or
more other persons, or (e) whether created, invented, developed, prepared,
conceived, reduced to practice, made,

                                       4
<PAGE>

suggested, discovered, received, or learned before, during, or after the term of
this Agreement. Proprietary Information does not include Information (as defined
below) that Executive develops entirely on his own time without using the
Company's equipment, supplies, facilities, Proprietary Information, or trade
secret information except for such Information that either relates at the time
of conception or reduction to practice of the Information to the Company's
business, or actual or demonstrably anticipated research or development of the
Company, or results from any work performed by the Executive for the Company.

               2.1.2    "Information" shall mean any list, schematic, diagram,
circuitry, technology, inventory, invention, idea, discovery, improvement,
design, concept, technique, algorithm, formula, method, process, configuration,
tooling, mechanism, manufacture, assembly, installation, model, apparatus,
product, device, system, network, data, plan, library, work of authorship, file,
media, record, report, copy, pictorial work, graphic work, audiovisual work,
hardware, firmware, computer interface (including for example but not limited to
programming interfaces), computer language, computer protocol, computer software
program or application (irrespective of whether source code or object code),
flow chart, blueprint, drawing, photograph, chart, graph, notebook, book,
computer disk, tape, storage media, printout, sound recording, note, memorandum,
specification, paper, document (irrespective of whether printed, typewritten,
handwritten or otherwise), information, material, account, business plan,
business operation, business method, business practice, business strategy,
research, development, marketing, revenue, sale, forecast, budget, finance,
license, price, cost, salary, compensation, knowledge about suppliers, knowledge
about available skills, and knowledge about actual and/or prospective employees,
clients, and/or customers (including for example but not limited to their names,
addresses, and telephone numbers).

               2.1.3    "Non-party Information" shall mean Information
discovered, received, or learned by the Company from non-parties with respect to
which the Company is subject to a duty to maintain confidentiality or to use
only for certain limited purposes.

          2.2  The Executive Covenant.  In consideration of the Company's
               ----------------------
entering into this Agreement, providing Executive with Proprietary Information,
and providing the Base Salary, opportunities for Incentive Compensation, Stock
Options, and other benefits to the Executive, the receipt and sufficiency of
which are hereby acknowledged by the Executive, the Executive covenants as
follows:

               2.2.1    Non-Disclosure of Proprietary Information and Non-Party
                        -------------------------------------------------------
Information.  At all times during the term of this Agreement and thereafter,
-----------
Executive shall hold all Proprietary Information and Non-party Information in
strictest trust and confidence and shall neither disclose (to anyone other than
the Company personnel having a need to know such Information in connection with
their activities for the Company) nor use (except insofar as required by
Executive's activities for the Company under this Agreement) any Proprietary
Information or any Non-party Information, unless: (a) Executive is expressly
authorized in writing to the contrary by a duly authorized officer of the
Company; (b) absent breach or violation of this Agreement, such Information is
or becomes generally known to the public or available to the public, as
evidenced by a printed publication or other equally conclusive evidence; (c)
absent breach or violation of this Agreement, such Information is rightfully
received absent any confidentiality obligation by Executive from a non-party
outside of the Company, as evidenced by a dated and witnessed writing prepared
in the normal course of business or other equally conclusive evidence; or (d) is
required to be disclosed pursuant to a valid order by a court or other
governmental body or otherwise required by law, provided that Executive informs
the Company immediately upon Executive's receipt of notice, in any form, that
disclosure pursuant to this section may be required so that the Company may
oppose any compelled disclosure of its Proprietary Information. Executive
further agrees not to disclose any Proprietary Information pursuant to this
section unless and

                                       5
<PAGE>

until he is informed that the Company will not oppose such disclosure or that
the Company's attempt to oppose such disclosure has been denied.

               2.2.2    Trade Secrets. All trade secrets of the Company will be
                        -------------
entitled to all of the protection and benefits under all applicable federal and
state trade secrets law. If any information that the Company deems to be a trade
secret is found by a court of competent jurisdiction not to be a trade secret
for purposes of this Agreement, such information will, nevertheless, be
considered Proprietary Information for purposes of this Agreement. The Executive
hereby waives any requirement that the Company submit proof of the economic
value of any trade secret or post a bond or other security.

          2.3  Assignment of Inventions.
               ------------------------

               2.3.1    Definitions.
                        -----------

                        (i)   "Moral Rights" shall mean (a) any right of
paternity or integrity, (b) any right to claim authorship or require authorship
identification, (c) any right to object to distortion, mutilation, or other
modification of, or other derogatory action in relation to, a work of
authorship, and (d) any similar right existing under judicial or statutory law
of any country or under any treaty, irrespective of whether such right is
generally referred to as a "moral right."

                        (ii)  "Proprietary Right" shall mean any patent, trade
secret, confidentiality protection, know-how right, show-how right, mask work
right, copyright (e.g., including but not limited to any Moral Right), and any
other intellectual property protection and intangible interests and legal rights
of exclusion, of any and all countries, including for example but not limited to
(a) any person's publicity or privacy right, (b) any utility model or
application therefor, (c) any industrial model or application therefor, (d) any
certificate of invention or application therefor, (e) any application for
patent, including, for example, but not limited to, any provisional, divisional,
reissue, reexamination or continuation application, (f) any substitute, renewal
or extension of any such application, and (g) any right of priority resulting
from the filing of any such application.

                        (iii) "The Company Inventions" shall mean (a) any and
all Proprietary Information that is created, invented, developed, prepared,
conceived, reduced to practice, made, suggested, discovered, received, or
learned by Executive, either alone or jointly with one or more other persons,
during the term of this Agreement, and (b) any and all Proprietary Rights that
may be available in such Proprietary Information or result therefrom.

                        (iv)  Executive may develop and/or review business
plans, provided (a) he does so entirely on his own time and without using the
Company's equipment, supplies, facilities, Proprietary Information, or trade
secret information, and (b) that any such business plans do not conflict with
any of Executive's obligations under Section 3. Business plans developed or
reviewed by Executive in a manner consistent with this Section shall be excluded
from the definition of Company Inventions.

               2.3.2    Executive's Covenant.  Executive does hereby, without
                        --------------------
reservation, irrevocably:

                        (i)   sell, assign, grant, transfer, and convey to the
Company (and the Company's successors and assigns): Executive's entire right,
title, and interest (present and future and throughout the world) in and to all
Company Inventions; provided however that, to the extent that any one or more of
the Company Inventions includes a work of authorship created by Executive
(solely or jointly with others), each such work of authorship shall
automatically be deemed to be created as a "work made

                                       6
<PAGE>

for hire" (as that term is defined in the United States Copyright Act (17 U.S.C.
Section (S) 101)) that is owned solely by the Company (as between Executive and
the Company);

                         (ii)    acknowledge and agree that, as between the
Company and Executive, (i) all the Company Inventions shall be the sole and
exclusive property of the Company, its successors and assigns, and (ii) the
Company, its successors and assigns shall be the sole and exclusive owner of all
the Company Inventions throughout the world;

                         (iii)   waive and quitclaim to the Company any and all
claims, of any nature whatsoever, that Executive has now or may hereafter have
for infringement or violation of any one or more of the Company Inventions;

                         (iv)    consent to any and all use of names,
likenesses, voices, and similar aspects of all the Company Inventions or related
to or associated with all the Company Inventions;

                         (v)     authorize the Company (and its successors,
assigns, nominees, representatives, and designees) to apply (in the Company's
own name) for any and all patents (and similar non-U.S. rights) that may be
available in (or result from) all the Company Inventions, and to claim any and
all rights of priority without further authorization from Executive so that such
patents issue in the name of the Company (or its successors or assigns);

                         (vi)    represent, warrant, and covenant that Executive
shall never assert any Moral Right in any one or more of the Company Inventions;

                         (vii)   forever waive all Moral Rights in the Company
Inventions;

                         (viii)  represent, warrant, and covenant that
Executive shall disclose and deliver, fully and in writing, to the Company, each
and every Company Invention promptly after such Company Invention is created,
invented, developed, prepared, conceived, reduced to practice, made, suggested,
discovered, received, or learned by Executive; and

                         (ix)    represent, warrant, and covenant that
Executive shall (at the request of the Company, or any of its successors,
assigns, nominees, representatives, or designees) in every proper way cooperate
and do everything (at the Company's sole expense for Executive's reasonable
actual costs, but without additional charge to the Company) that the Company (or
any one or more of its successors, assigns, nominees, representatives, or
designees) may reasonably consider necessary or appropriate to assist the
Company (and its successors, assigns, nominees, representatives, and designees)
to prepare and make filings in any and all countries to apply for, prosecute,
register, evidence, defend, obtain, hold, secure, vest title to, protect,
perfect, maintain, uphold, and enforce any and all Proprietary Rights that may
be available in (or result from) the Company Inventions, including for example
but not limited to: communicating to the Company (and its successors, assigns,
nominees, representatives, and designees) any Information relating to conception
or reduction to practice or prosecution of any one or more of such Proprietary
Rights; testifying and rendering prompt assistance and cooperation in any and
all legal proceedings (e.g., including but not limited to any opposition,
cancellation proceeding, interference proceeding, priority contest, public use
proceeding, reexamination proceeding, and court proceeding) involving any one or
more of such Proprietary Rights; and executing, verifying and delivering any and
all assignments, oaths, declarations, powers of attorney, and other instruments
and documents. If Executive fails or refuses to execute any such assignment,
oath, declaration, power of attorney, instrument, or document, Executive hereby
designates and appoints the Company (and its successors and assigns) as
Executive's true and lawful agent and attorney-in-fact (such agency and power of
attorney being irrevocable by Executive and coupled with an interest in favor of
the Company and its

                                       7
<PAGE>

successors and assigns), with full power of substitution, to act for Executive
and in Executive's behalf to do any lawfully permitted act in furtherance of the
purposes of the immediately preceding sentence (e.g., including but not limited
to executing, verifying, and filing such assignments, oaths, declarations,
powers of attorney, and other instruments and documents) in Executive's name and
stead and on behalf of and for the benefit of the Company and its successors and
assigns, with the same legal force and effect as if Executive performed such
act, irrespective of whether in Executive's name or the Company's name or
otherwise.

     3.  NON-COMPETITION AND NON-INTERFERENCE
         ------------------------------------

          3.1  Covenant of the Executive.  In consideration of the Company's
               -------------------------
entering into this Agreement, providing Executive with Proprietary Information
and specialized training, providing the Base Salary, opportunities for Incentive
Compensation, the Option, and other benefits to the Executive, the receipt and
sufficiency of which are hereby acknowledged by Executive, the Executive
covenants as follows:

               3.1.1  Non-Competition. Executive hereby agrees that during
                      ---------------
the Employment Term and for a period of one (1) year following the Termination
Date, for any reason, Executive will not, directly or indirectly (i) engage in
Restricted Activities in the Commonwealth of Pennsylvania or in any other State
of the United States, or in any other country in the world, where the Company
engages in business, or proposes to engage in business on the Termination Date,
or (ii) participate in the ownership, management, operation, financing, or
control of, or be employed by or consult for or otherwise render services to, a
Restricted Business located in the Commonwealth of Pennsylvania or in any other
State of the United States or in any other country in the world, where the
Company conducts or proposes to conduct business on the Termination Date.
Notwithstanding the foregoing, Executive is permitted to own up to 5% of any
class of securities of any corporation which is traded on a national securities
exchange or through Nasdaq.

                      (i)   Restricted Activities shall mean shall mean (A)
the Company's business as of the date of termination and/or (B) designing,
developing, manufacturing, marketing, or selling products or services which
directly compete with business, products and/or services of the Company and/or
its subsidiaries as of the Termination Date. Provided, however, that restricted
Activities shall not include any activities for which Executive has obtained
prior written approval from the Company to engage in.

                      (ii)  Restricted Business shall mean any person,
corporation, firm, company (or a division or group thereof), partnership,
proprietorship, or other business entity which engages in Restricted Activities.

               3.1.2  No Diversion of Others.  During the Employment Term and
                      ----------------------
for a period of one (1) year following the Termination Date, for any reason, the
Executive shall not, either for himself or for any other person, firm,
corporation, or other entity, directly or indirectly, or by action in concert
with others:

                      (i)   individually or on behalf of any other person,
corporation, firm, or other entity, solicit or encourage any employee of the
Company or any subsidiary or affiliate of the Company to terminate his or her
employment with the Company or such subsidiary or affiliate, without the express
prior written consent of the Company;

                      (ii)  take away or attempt to take away, or solicit or
attempt to solicit, any existing or Potential Customer (defined below) of the
Company (whether or not such customer is

                                       8
<PAGE>

actually a customer of the Company as of the date hereof, including without
limitation any customer solicited by the Executive or which became known by the
Executive prior to the date hereof) with the purpose of obtaining such person as
an employee or customer for a business competitive with the Company's business.
For purposes of this Section, Potential Customer means any company or entity
actually solicited by the Company as of the Termination Date.

                    For purposes of this Agreement, "affiliate" shall mean a
corporation or other legal entity in common control with the Company.

          3.1.3     Organizing Competitive Business. Without limiting any of the
                    -------------------------------
other provisions contained in this Section 3, during the Employment Term and any
                                   ---------
period during which Executive receives any Severance Payment, the Executive
shall not undertake planning for or organization of any business activity
competitive with the business of the Company, or conspire with agents,
employees, consultants, or other representatives of the Company for the purpose
of organizing any such competitive business activity.

     4.  INJUNCTIVE RELIEF AND ADDITIONAL REMEDY
         ---------------------------------------

               The Executive acknowledges and agrees that any breach of the
terms of Sections 2 or 3 above would result in irreparable injury and damage to
the Company for which the Company would have no adequate remedy at law; the
Executive therefore also acknowledges and agrees that in the event of such
breach or any threat of breach, the Company shall be entitled to an immediate
injunction and restraining order to prevent such breach and/or threatened breach
and/or continued breach by the Executive and/or any and all persons and/or
entities acting for and/or with the Executive, without having to prove damages,
in addition to any other remedies to which the Company may be entitled at law or
in equity. The terms of this paragraph shall not prevent the Company from
pursuing any other available remedies for any breach or threatened breach
hereof, including but not limited to the recovery of damages from the Executive.

     5.  REPRESENTATIONS AND WARRANTIES BY THE EMPLOYEE
         ----------------------------------------------

               The Executive represents and warrants to the Company that (i)
this Agreement is valid and binding upon and enforceable against him in
accordance with its terms, (ii) the Executive is not bound by or subject to any
contractual or other obligation that would be violated by his execution or
performance of this Agreement, including, but not limited to, any non-
competition agreement presently in effect, and (iii) the Executive is not
subject to any pending or, to the Executive's knowledge, threatened claim,
action, judgment, order, or investigation that could adversely affect his
ability to perform his obligations under this Agreement or the business
reputation of the Company.

     6.  SURVIVAL OF CERTAIN RIGHTS AND OBLIGATIONS
         ------------------------------------------

               Sections 1.7, 2 and 3 above shall survive any termination of this
               ---------------------
Agreement and continue in full force and effect as is necessary or appropriate
to enforce the covenants and agreements of each party.  The existence of any
claim or cause of action by the Executive against the Company, whether
predicated on this Agreement or otherwise, shall not constitute a defense to the
enforcement by the Company of the covenants and agreements of Sections 2 and 3
                                                              ----------     -
above.

     7.  MISCELLANEOUS
         -------------

          7.1  Notices. All notices, requests, and other communications
               -------
hereunder must be in writing and will be deemed to have been duly given only if
delivered personally against written receipt or

                                       9
<PAGE>

by facsimile transmission with answer back confirmation or mailed (postage
prepaid by certified or registered mail, return receipt requested) or by
overnight courier to the parties at the following addresses or facsimile
numbers:

          If to the Executive, to:

               Raymond Butkus
               18 Pine Terrace, East
               Shore Hills, New Jersey  07078

          If to the Company, to:

               Chairman, Board of Directors
               Naviant Technology Solutions, Inc.
               14 Campus Boulevard, Suite 200
               Newtown Square, Pennsylvania  19073

All such notices, requests and other communications will (i) if delivered
personally to the address as provided in this Section 7.1, be deemed given upon
                                              -----------
delivery, (ii) if delivered by facsimile transmission to the facsimile number as
provided in this Section 7.1, be deemed given upon receipt, and (iii) if
                 -----------
delivered by mail in the manner described above to the address as provided in
this Section 7.1, be deemed given upon receipt (in each case regardless of
     -----------
whether such notice, request, or other communication is received by any other
Person to whom a copy of such notice, request or other communication is to be
delivered pursuant to this Section).  Any party from time to time may change its
address, facsimile number, or other information for the purpose of notices to
that parry by giving written notice specifying such change to the other parties
hereto.

          7.2  Obligations Contingent on Performance.  The obligations of the
               -------------------------------------
Company hereunder, including its obligation to pay the compensation provided for
herein, are contingent upon the Employee's performance of his obligations
hereunder.

          7.3  Entire Agreement.  This Agreement supersedes all prior
               ----------------
discussions and agreements among the parties with respect to the subject matter
hereof and contain the sole and entire agreement between the parties hereto with
respect thereto.

          7.4  Waiver.  Any term or condition of this Agreement may be waived at
               ------
any time by the party that is entitled to the benefit thereof, but no such
waiver shall be effective unless set forth in a written instrument duly executed
by or on behalf of the party waiving such term or condition.  No waiver by any
party hereto of any term or condition of this Agreement, in any one or more
instances, shall be deemed to be or construed as a waiver of the same or any
other term or condition of this Agreement on any future occasion.  All remedies,
either under this Agreement or by law or otherwise afforded, will be cumulative
and not alternative.

          7.5  Amendment.  This Agreement may be amended, supplemented, or
               ---------
modified only by a written instrument duly executed by or on behalf of each
party hereto.

          7.6  No Third Party Beneficiary.  The terms and provisions of this
               --------------------------
Agreement are intended solely for the benefit of each party hereto and the
Company's successors or assigns, and it is not the intention of the parties to
confer third-party beneficiary rights upon any other Person.

                                       10
<PAGE>

          7.7  No Assignment; Binding Effect. This Agreement shall inure to the
               -----------------------------
benefit of any successors or assigns of the Company. The Executive shall not be
entitled to assign his obligations under this Agreement.

          7.8  Headings.  The headings used in this Agreement have been inserted
               --------
for convenience of reference only and do not define or limit the provisions
hereof.

          7.9  Severability.  The Company and the Executive intend all
               ------------
provisions of this Agreement to be enforced to the fullest extent permitted by
law. Accordingly, if a court of competent jurisdiction determines that the scope
and/or operation of any provision of this Agreement is too broad to be enforced
as written, the Company and the Executive intend that the court should reform
such provision to such narrower scope and/or operation as it determines to be
enforceable. If, however, any provision of this Agreement is held to be illegal,
invalid, or unenforceable under present or future law, and not subject to
reformation, then (i) such provision shall be fully severable, (ii) this
Agreement shall be construed and enforced as if such provision was never a part
of this Agreement, and (iii) the remaining provisions of this Agreement shall
remain in full force and effect and shall not be affected by illegal, invalid,
or unenforceable provisions or by their severance.

          7.10 Binding Arbitration.  Subject to the exceptions set forth below,
               -------------------
the Executive and the Company agree that any and all claims or disputes between
them, or between Executive and any of the Company's employees, which arise out
of Executive's employment or under the terms of Executive's employment, shall be
resolved through final and binding arbitration, as specified herein. This shall
include, without limitation, disputes relating to this Agreement, Executive's
employment by the Company or the termination thereof, claims for breach of
contract or breach of the covenant of good faith and fair dealing, and any
claims of discrimination or other claims under Title VII of the Civil Rights Act
of 1964, the Age Discrimination in Employment Act, the Americans with
Disabilities Act, the Pennsylvania Human Relations Act, the Employee Retirement
Income Securities Act, the Racketeer Influenced and Corrupt Organizations Act,
or any other federal, state or local law or regulation now in existence or
hereinafter enacted and as amended from time to time concerning in any way the
subject of Executive's employment with the Company or its termination. The only
claims or disputes not covered by this paragraph are disputes related to (i)
claims for benefits under the unemployment insurance or workers' compensation
laws, and (ii) issues affecting the validity, infringement or enforceability of
any trade secret or patent rights held or sought by the Company or which the
Company could otherwise seek; in both of the foregoing cases such claims or
disputes shall not be subject to arbitration and will be resolved pursuant to
applicable law. Binding arbitration will be conducted in accordance with the
rules and regulations of the American Arbitration Association (AAA). Each party
will split the cost of the arbitration filing and hearing fees, and the cost of
the arbitrator; each side will bear its own attorneys' fees; that is, the
arbitrator will not have authority to award attorneys' fees unless a statutory
                                                            ------
section at issue in the dispute authorizes the award of attorneys' fees to the
prevailing party, in which case the arbitrator has authority to make such award
as permitted by the statute in question.  Executive and the Company understand
and agree that the arbitration shall be instead of any jury trial and that the
arbitrator's decision shall be final and binding to the fullest extent permitted
by law and enforceable by any court having jurisdiction thereof.

          7.11 Governing Law.  This Agreement shall be governed by and construed
               -------------
in accordance with the laws of the Commonwealth of Pennsylvania applicable to
contracts executed and performed in such Commonwealth without giving effect to
conflicts of laws principles.

                                       11
<PAGE>

          7.12 Jurisdiction. With respect to any suit, action, or other
               ------------
proceeding arising from (or relating to) this Agreement and which is not subject
to the provisions of Section 7.10 herein, the Company and the Executive hereby
                     ------------
irrevocably agree to the non-exclusive personal jurisdiction and venue of the
United States District Court for the Eastern District of Pennsylvania (and any
Pennsylvania State Court within Delaware County, Pennsylvania).

          7.13 Counterparts.  This Agreement may be executed in any number of
               ------------
counterparts and by facsimile, each of which will be deemed an original, but all
of which together will constitute one and the same instrument.

          IN WITNESS WHEREOF, the parties hereto have caused this Agreement to
be executed on the date first written above.

                              NAVIANT TECHNOLOGY SOLUTIONS, INC.

                              By:_______________________________

                              Name:_____________________________

                              Title:____________________________

                              Date:_____________________________

                              EXECUTIVE

                              __________________________________
                              Raymond Butkus

                                       12

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