Document:

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                            ASSET PURCHASE AGREEMENT

                                      AMONG

                               INTERACTIVE8, INC.,

                         LUMINANT WORLDWIDE CORPORATION,

                        NEW YORK CONSULTING PARTNERS, LLC

                                       AND

                THE MEMBERS OF NEW YORK CONSULTING PARTNERS, LLC

                            DATED AS OF MAY 31, 2000

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                                TABLE OF CONTENTS

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ARTICLE I  DEFINITIONS.......................................................................2

             SECTION  1.01  DEFINITIONS......................................................2
             SECTION  1.02  OTHER TERMS......................................................7

ARTICLE II  ASSET PURCHASE AND RELATED MATTERS...............................................9

             SECTION  2.01  AGREEMENT TO SELL AND PURCHASE; INSTRUMENTS OF TRANSFER..........9
             SECTION  2.02  PURCHASED ASSETS AND EXCLUDED ASSETS............................10
             SECTION  2.03  ASSUMED LIABILITIES AND EXCLUDED LIABILITIES....................10
             SECTION  2.04  TAXES...........................................................10
             SECTION  2.05  PURCHASE PRICE; CERTAIN TERMS REGARDING SHARES..................10
             SECTION  2.06  PURCHASE PRICE ADJUSTMENTS......................................11
             SECTION  2.07  INSTALLMENT SHARES..............................................15
             SECTION  2.08  ESCROW SHARES...................................................20
             SECTION  2.09  CONTINGENT PAYMENTS.............................................21
             SECTION  2.10  DISPUTES........................................................22

ARTICLE III  CLOSING........................................................................24

             SECTION  3.01  LOCATION AND DATE...............................................24
             SECTION  3.02  DELIVERIES AT THE CLOSING. AT THE CLOSING:......................24
             SECTION  3.03  ALLOCATION......................................................24

ARTICLE IV  REPRESENTATIONS AND WARRANTIES..................................................25

             SECTION  4.01  REPRESENTATIONS AND WARRANTIES OF THE SELLER....................25
             SECTION  4.02  REPRESENTATIONS AND WARRANTIES OF THE MEMBERS...................38
             SECTION  4.03  REPRESENTATIONS AND WARRANTIES OF THE SELLER AND THE MEMBERS
             TO LUMINANT....................................................................39
             SECTION  4.04  REPRESENTATIONS AND WARRANTIES OF THE PURCHASER.................40
             SECTION  4.05  REPRESENTATIONS AND WARRANTIES OF LUMINANT......................41

ARTICLE V  COVENANTS........................................................................44

             SECTION  5.01  ACCESS TO INFORMATION...........................................44
             SECTION  5.02  NON-DISCLOSURE; CONFIDENTIALITY; PUBLICITY......................45
             SECTION  5.03  CONDUCT OF BUSINESS PENDING CLOSING.............................46
             SECTION  5.04  PROHIBITED ACTIVITIES...........................................47

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             SECTION  5.05  EXCLUSIVITY.....................................................48
             SECTION  5.06  NOTIFICATION OF CERTAIN MATTERS.................................48
             SECTION  5.07  RESTRICTIONS....................................................49
             SECTION  5.08  FURTHER ASSURANCES..............................................50
             SECTION  5.09  [RESERVED]......................................................50
             SECTION  5.10  Non-Competition or Non-Disclosure Agreements or Covenants
             Binding on Employees or Independent Contractors of the Seller..................50
             SECTION  5.11  CONTRACTS IN PROGRESS...........................................50
             SECTION  5.12  TRADEMARK; USE OF NAME..........................................51
             SECTION  5.13  FIRPTA COMPLIANCE...............................................51
             SECTION  5.14  RESERVE FOR CERTAIN LIABILITIES.................................51
             SECTION  5.15  [RESERVED]......................................................51
             SECTION  5.16  STOCK EXCHANGE LISTING..........................................52
             SECTION  5.17  BOOKS AND RECORDS...............................................52
             SECTION  5.18  EMPLOYMENT MATTERS..............................................52
             SECTION  5.19  HEDGE TRANSACTION...............................................53
             SECTION  5.20  REPORTS UNDER EXCHANGE ACT......................................53
             SECTION  5.21  TAX COOPERATION.................................................53
             SECTION  5.22  LEASES..........................................................54
             SECTION  5.23  VISA APPLICATIONS...............................................54

ARTICLE VI  CONDITIONS PRECEDENT TO OBLIGATIONS TO CLOSE....................................54

             SECTION  6.01  CONDITIONS TO CLOSING OBLIGATIONS OF THE PURCHASER AND
             LUMINANT.......................................................................54
             SECTION  6.02  CONDITIONS TO CLOSING OBLIGATIONS OF THE SELLER AND MEMBERS.....55

ARTICLE VII  INDEMNIFICATION................................................................57

             SECTION  7.01  GENERAL INDEMNIFICATION BY THE SELLER AND THE MEMBERS...........57
             SECTION  7.02  INDEMNIFICATION BY LUMINANT.....................................58
             SECTION  7.03  DEFENSE.........................................................59
             SECTION  7.04  INDEMNIFICATION PROCEDURES--THIRD PARTY CLAIMS..................59
             SECTION  7.05  INDEMNIFICATION PROCEDURE--OTHER CLAIMS.........................60
             SECTION  7.06  SURVIVAL OF REPRESENTATIONS, WARRANTIES AND COVENANTS...........61
             SECTION  7.07  LIMITATION AND EXPIRATION.......................................61
             SECTION  7.08  REMEDIES........................................................62
             SECTION  7.09  REDUCTION OF DAMAGES............................................62
             SECTION  7.10  SUBROGATION.....................................................63
             SECTION  7.11  RIGHT TO SET OFF................................................63
             SECTION  7.12  [RESERVED]......................................................63
             SECTION  7.13  INDEMNIFICATION PAYMENT AS PURCHASE PRICE ADJUSTMENT............63

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ARTICLE VIIIREGISTRATION RIGHTS.............................................................63

             SECTION  8.01  SHELF REGISTRATION..............................................63
             SECTION  8.02  PIGGYBACK REGISTRATION RIGHTS...................................63
             SECTION  8.03  REGISTRATION EXPENSES...........................................64
             SECTION  8.04  UNDERWRITING AGREEMENT..........................................64
             SECTION  8.05  AVAILABILITY OF RULE 144........................................65
             SECTION  8.06  MARKET STANDOFF.................................................65

ARTICLE IX[RESERVED]........................................................................65

ARTICLE X  NON-COMPETITION..................................................................65

             SECTION  10.01  PROHIBITED ACTIVITIES..........................................65
             SECTION  10.02  DAMAGES........................................................66
             SECTION  10.03  REASONABLE RESTRAINT...........................................66
             SECTION  10.04  SEVERABILITY; REFORMATION......................................66
             SECTION  10.05  INDEPENDENT COVENANT...........................................66
             SECTION  10.06  MATERIALITY....................................................67

ARTICLE XIMISCELLANEOUS.....................................................................67

             SECTION  11.01  SEVERABILITY...................................................67
             SECTION  11.02  SPECIFIC ENFORCEMENT...........................................67
             SECTION  11.03  ENTIRE AGREEMENT...............................................67
             SECTION  11.04  COUNTERPARTS...................................................67
             SECTION  11.05  NOTICES........................................................67
             SECTION  11.06  AMENDMENTS.....................................................69
             SECTION  11.07  SUCCESSORS AND ASSIGNS.........................................69
             SECTION  11.08  EXPENSES AND REMEDIES..........................................69
             SECTION  11.09  GOVERNING LAW; CONSENT TO JURISDICTION.........................70
             SECTION  11.10  THIRD PARTY BENEFICIARIES......................................70
             SECTION  11.11  MUTUAL DRAFTING................................................70
             SECTION  11.12  FURTHER REPRESENTATIONS........................................70
             SECTION  11.13  Members' REPRESENTATIVE........................................70
             SECTION  11.14  BULK TRANSFER LAW..............................................71
             SECTION  11.15  GENDER AND NUMBER..............................................71
             SECTION  11.16  ARBITRATION....................................................71

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EXHIBITS

Exhibit A--Blanket Conveyance, General Assignment and Bill of Sale

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Exhibit B--Assumption of Liabilities Agreement
Exhibit C--[Reserved]
Exhibit D--Investor Questionnaires
Exhibit E--FIRPTA Certificates
Exhibit F--Escrow Agreement

Schedules

2.01             Permitted Liens
2.02             Purchased Assets and Excluded Assets
2.03             Assumed Liabilities and Excluded Liabilities
2.03(3)          Bonus and Vacation Time Liabilities Assumed by the Purchaser
2.06             Percentage Interests of Each Member in Share Consideration
2.09             Contingent Arrangements
4.01(a)          Jurisdictions in Which Seller is Qualified to do Business
4.01(c)(ii)      Seller and Member Required Third Party Consents
4.01(e)          Seller Financial Statements
4.01(f)(1)       Seller Contingent Liabilities
4.01(f)(2)       Seller Plans and Projects
4.01(h)          Seller Powers of Attorney
4.01(i)(1)       Seller Accounts and Notes Receivable as of May 31, 2000
4.01(i)(2)       Seller Accounts and Notes Receivable as of a Date Two Days
                 Prior to Closing
4.01(k)          Seller Real Property and Leases
4.01(l)          Seller Personal Property
4.01(m)          Seller Intellectual Property
4.01(n)          Seller Customers
4.01(o)          Seller Contracts and Commitments
4.01(q)          Insurance
4.01(u)(i)/(iii) Benefit Plans, Benefit Arrangements and Qualified Plans
4.01(w)          Claims and Litigation
4.01(z)          Absence of Changes
4.01(cc)         Certain Business Relationships With Affiliates
4.01(ee)         Seller Legal Names, Trade Names and Fictitious Names
4.01(ff)         Locations of Chief Executive Office of Seller and Purchased
                 Assets
4.02(c)          Member Power of Attorneys
5.18(a)          Option Grants to Employees of the Seller
5.18(b)          Employees to Receive Offers; Salary
5.18(c)          Educational Assistance Provided to Employees of the Seller and
                 Assumed by the Purchaser
5.23             Visa Applications
6.01(e)          Employment Agreements With Members

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                            ASSET PURCHASE AGREEMENT

        THIS ASSET PURCHASE AGREEMENT is made and entered into as of the 31st
day of May 2000 (this "Agreement"), by and among InterActive8, Inc., a New
York corporation (the "Purchaser"), Luminant Worldwide Corporation, a
Delaware corporation ("Luminant"), New York Consulting Partners, LLC, a
limited liability company organized under the New York Limited Liability
Company Law (the "Seller"), and Elizabeth Haas-Edersheim (as a Member and in
her capacity as the Members' Representative (as defined in Section 11.13
hereof)), the Elizabeth A. H. Edersheim Year 2000 Family Trust, Robert Allen,
Gary Badrick, Joan Wilson and Frank Seldin (each a "Member" and collectively,
the "Members"), except that for the purposes of Article II of this Agreement
or as specified herein Elizabeth Haas-Edersheim and the Elizabeth A. H.
Edersheim Year 2000 Family Trust shall be deemed to be one and the same
Member.

                                 R E C I T A L S

               WHEREAS, the Purchaser is a wholly-owned subsidiary of
Luminant engaged primarily in the business of providing consulting and
development services to Internet businesses; and

               WHEREAS, the Seller is engaged primarily in the business of
providing consulting and development services to businesses (the "Business");
and

               WHEREAS, the Members are all the members of the Seller and own
all the outstanding membership interests in the Seller;

               WHEREAS, Luminant is a public company whose common stock, par
value $.01 per share ("Common Stock"), is traded on the NASDAQ National
Market and is primarily in the business of providing consulting and
development services to businesses operating in the Internet through its
operating subsidiaries; and

               WHEREAS, the Purchaser proposes to acquire the Purchased
Assets from the Seller on the terms and conditions set forth in this
Agreement; and

               WHEREAS, the Seller desires to transfer, sell and assign to
the Purchaser the Purchased Assets; and

               WHEREAS, the Purchaser proposes to enter into the Transaction
Documents with the Seller and the Members, as applicable, as contemplated in
this Agreement; and

               WHEREAS, the Seller and the Members desire to enter into the
applicable Transaction Documents with the Purchaser.

               NOW, THEREFORE, in consideration of the premises and the
mutual covenants herein set forth, the parties agree as follows:

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                                    ARTICLE I

                                   DEFINITIONS

Section 1.01 DEFINITIONS. The terms defined in this Article I, whenever used
in this Agreement, shall have the following meanings for all purposes of this
Agreement:

(a)     "ACCOUNTS RECEIVABLE" means all uncollected accounts and billings for
        services performed, or products sold, in connection with the Business or
        with the conduct of the Seller or its employees, consultants, agents and
        the Members in connection with the Business, excluding Contingent Fees
        which shall be treated in accordance with Section 2.09.

(b)     "AFFILIATE" has the meaning set forth in Rule 12b-2 under the Exchange
        Act.

(c)     "BENEFIT ARRANGEMENT" means any benefit arrangement, obligation, or
        practice, whether or not legally enforceable, to provide benefits (other
        than merely as salary or under a Benefit Plan), as compensation for
        services rendered, to present or former directors, employees, agents,
        members or independent contractors, including, but not limited to,
        employment or consulting agreements, severance agreements or pay
        policies, executive or incentive compensation programs or arrangements,
        sick leave, vacation pay, plant closing benefits, salary continuation
        for disability, workers' compensation, retirement, deferred
        compensation, bonus, stock option or purchase, tuition reimbursement or
        scholarship programs, employee discount programs, any plans subject to
        Section 125 of the Code, and any plans providing benefits or payments in
        the event of a change of control, change in ownership or effective
        control, or sale of a substantial portion (including all or
        substantially all) of the assets of any business or portion thereof now
        or previously sponsored, maintained or contributed to or required to be
        contributed to by the Seller or any ERISA Affiliate, for the benefit of
        any present or former employees, members, directors or consultants of
        the Seller.

(d)     "BENEFIT PLAN" means an employee benefit plan as defined in Section 3(3)
        of ERISA sponsored, maintained or contributed to or required to be
        contributed to by the Seller or any ERISA Affiliate, for the benefit of
        any present or former officers, employees, members or consultants of the
        Seller.

(e)     "BILLABLE VALUE" means, with respect to any customer or client
        engagement of Luminant or any of its Subsidiaries: (A) the aggregate
        amount, excluding expenses incurred to perform services which are
        reimbursable by any customer or client, provided that Luminant or its
        Subsidiary shall be entitled to bill such client or customer and
        recognize and report such amounts as revenues in accordance with GAAP,
        of: (1) in the case of an Hourly Fee Arrangement, the Hourly Fees; or
        (2) in the case of a Fixed Fee Arrangement, the Fixed Fees; or (3) in
        the case of a Contingent Fee Arrangement, the Contingent Fee Amount;
        excluding in each case (B) any Contingent Fees which shall be treated in
        accordance with Section 2.09.

(f)     "BOARD" means the Boards of Directors of the Purchaser or Luminant, as
        the case may be, as identified in this Agreement.

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(g)     "BUSINESS" is defined in the Recitals to this Agreement.

(h)     "BUSINESS DAY" has the meaning specified in Rule 14d-1(g)(3) of the
        Exchange Act.

(i)     "CHANGE OF CONTROL" means the occurrence of any one or more of the
        following events: (i) sale of all or substantially all of the assets of
        Luminant to one or more Persons in a single transaction or series of
        related transactions; (ii) a Person (other than an Excluded Owner)
        acquires or attains ownership of, or the right to vote, more than 50% of
        the undiluted total voting power of Luminant's then-outstanding
        securities eligible to vote to elect members of its Board; or (iii)
        completion of a merger or consolidation of Luminant with or into any
        other Person (other than an Excluded Owner) UNLESS the holders of
        Luminant voting securities outstanding immediately before such
        completion, together with any trustee or other fiduciary holding
        securities under any Benefit Plan of Luminant or any of its
        Subsidiaries, hold securities that represent immediately after such
        merger or consolidation at least 50% of the combined voting power of the
        then outstanding voting securities of either Luminant or the other
        surviving entity or its ultimate parent.

(j)     "CODE" is the federal Internal Revenue Code of 1986, as amended.

(k)     "COLLAR" shall mean a hedging arrangement entered into between the
        Seller and/or any of the Members with a Person whereby:

         (i)  the Seller and/or such Member/s, as the case may be, shall have
              the option to put or sell a number of the Initial Shares (not to
              exceed 200,000 of the Initial Shares) to such Person on a date no
              earlier than the date which is six (6) months after the Closing
              Date at a price agreed to by the Seller and/or such Member/s, as
              the case may be, and such Person, and

         (ii) such Person shall have the option to call or buy a number of the
              Initial Shares (not to exceed 200,000 of the Initial Shares) from
              the Seller and/or such Member/s, as the case may be, on a date no
              earlier than the date which is six (6) months after the Closing
              Date at a price to be agreed to by the Seller and/or such
              Member/s, as the case may be, and such Person.

(l)     "COMMON STOCK" is defined in the Recitals to this Agreement.

(m)     "COMPETING BUSINESS" means any service or product of any Person other
        than Luminant and its successors, assigns, or Subsidiaries that competes
        with any service or product provided by Luminant and its successors,
        assigns, or Subsidiaries during the Restricted Period, including, but
        not limited to, any Person engaged in the formation or operation of
        internet professional services firms that provide strategic, interactive
        design and technical business services, information technology and
        interactive business consulting, and other related services to assist
        clients in integrating and maintaining their electronic commerce
        capabilities.

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(n)     "CONTINGENT FEE AMOUNT" means with respect to any customer or client
        engagement, the amount by which (A) the aggregate revenues for a
        specified time period, exceeds (B) the aggregate Fixed Fees or Hourly
        Fees, as the case may be, for that same time period; provided that
        Luminant or its Subsidiary shall be entitled to bill such client or
        customer and recognize and report such amounts as revenues in accordance
        with GAAP.

(o)     "CONTINGENT FEE ARRANGEMENT" means any customer or client engagement
        whereby Luminant or any of its Subsidiaries receives Contingent Fee
        Amount.

(p)     "DISPUTE RESOLUTION PERIOD" means the period beginning on the date that
        any required notice or notification pursuant to any applicable Section
        of this Agreement shall have been provided by the party required to give
        such notice or notification to the Person entitled to receive such
        notice or notification and ending on the date on which the matter to
        which such notice or notification relates becomes final and binding in
        accordance with the terms of Section 2.10 or Section 11.16, as
        applicable.

(q)     "ENTERPRISE STRATEGY GROUP" means the enterprise strategy group of the
        Purchaser, Luminant or any Subsidiary thereof or any successor Person
        performing comparable services to those performed by the enterprise
        strategy group as it is currently operating.

(r)     "ERISA" means the Employee Retirement Income Security Act of 1974, as
        amended, and all regulations and rules issued thereunder, or any
        successor law.

(s)     "ERISA AFFILIATE" means any person or entity that, together with the
        entity referenced and at the relevant time, would be treated as a single
        employer under Code Section 414 or ERISA Section 4001 (including any
        entities excluded from the definition because they are not subject to
        U.S. jurisdiction) and any general partnership of which such entity is
        or has been a general partner.

(t)     "EXCHANGE ACT" means the Securities Exchange Act of 1934, as amended, or
        any successor federal statute, and the rules and regulations of the SEC
        thereunder, all as the same shall be in effect at the time. Reference to
        a particular section of the Securities Exchange Act of 1934 shall
        include a reference to the comparable section, if any, of any such
        successor Federal statute.

(u)     "EXCLUDED ASSETS" is defined in Schedule 2.02.

(v)     "EXCLUDED LIABILITIES" is defined in Schedule 2.03.

(w)     "EXCLUDED OWNER" consists of Luminant, any Luminant Subsidiary, any
        Benefit Plan of Luminant or any of its Subsidiaries, or any underwriter
        temporarily holding securities for an offering of such securities.

(x)     "FAIR MARKET VALUE" means with respect to a share of Common Stock listed
        on a national securities exchange or quoted on The NASDAQ Stock Market,
        Inc. ("NASDAQ") National Market, the average of the daily closing prices
        on the NASDAQ National Market (or the principal exchange or automated
        trading system on which such security may be listed or may trade) for
        the twenty (20) consecutive trading days ending June 20,

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        2000, except that, if the average daily closing prices for the five (5)
        consecutive trading days ending June 20, 2000 shall fluctuate (in any
        direction) by more than 50% from the twenty (20) day average daily
        closing price, the Fair Market Value shall be the average daily closing
        price for the ten (10) consecutive trading days ending June 20, 2000.
        The closing price for each trading day shall be the closing price, if
        reported, or, if the closing price is not reported, the average of the
        closing bid and asked prices as reported by the NASDAQ National Market
        (or such principal exchange or market) or a similar source selected from
        time to time by Luminant for quotation of its Common Stock.

(y)     "FIXED FEES" mean with respect to any customer or client engagement of
        Luminant or any of its Subsidiaries, the fixed amount that Luminant or
        any of its Subsidiaries earns during a specified time period or for
        delivery or completion of a specified work product or service pursuant
        to the terms of that engagement; provided that Luminant or any of its
        Subsidiaries shall be entitled to bill such client or customer and
        recognize and report such amounts as revenues in accordance with GAAP.

(z)     "FIXED FEE ARRANGEMENT" means any customer or client engagement whereby
        Luminant or any of its Subsidiaries is compensated based on Fixed Fees.

(aa)    "FOUNDING STOCKHOLDERS" means the former stockholders, partners or
        members of Brand Dialogue-New York, Free Range Media, Inc., Integrated
        Consulting, Inc. d/b/a i.con interactive, InterActive8, Inc., Multimedia
        Resources LLC, Potomac Partners Management Consulting, LLC, RSI Group,
        Inc.

(bb)    "GAAP" means United States generally accepted accounting principles in
        effect from time to time.

(cc)    "GOVERNMENTAL ENTITY" means any foreign, federal, state, or local court
        or tribunal or administrative, governmental or regulatory body, agency,
        commission, division, department, public body or other authority.

(dd)    "HOURLY FEES" mean with respect to any customer or client engagement of
        Luminant or any of its Subsidiaries, the aggregate gross monetary value
        (based on the prevailing billable rates set by Luminant or any of its
        Subsidiaries, from time to time, during a specified period) for the
        hours (or fractions thereof) actually reported by applicable Persons
        during any specified time period as time spent on actual work performed
        on such engagement; provided that Luminant or any of its Subsidiaries
        shall be entitled to bill such client or customer and recognize and
        report such amounts as revenues in accordance with GAAP.

(ee)    "HOURLY FEE ARRANGEMENT" means any customer or client engagement whereby
        Luminant or any of its Subsidiaries is compensated based on Hourly Fees.

(ff)    "INTELLECTUAL PROPERTY" means trademarks, trade names, trade dress,
        service marks, copyrights, Internet domain names, and general
        intangibles of like nature, together with all goodwill (including
        registrations and applications to register any of the foregoing),
        patents and patent applications, trade secrets, inventions,
        improvements, practices, processes, formulas, designs, know-how,
        confidential business or technical information,

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        computer software, firmware, data and documentation, licenses of or
        agreements relating to any of the foregoing (in any medium including
        electronic media).

(gg)    "LUMINANT" is defined in the introductory paragraph of this Agreement.

(hh)    "MARKET AREA"  consists of the United States and Canada.

(ii)    "MATERIAL ADVERSE EFFECT" on or with respect to a Person (or group of
        Persons taken as a whole) means any state of facts, event or effect that
        individually (or in the aggregate with all other states of facts, events
        and effects) has resulted in, or would reasonably be expected to result
        in, a material adverse change in the business, properties, customer or
        client relationships, results of operations or financial condition of
        such Person (or, if applicable, of such group of Persons taken as a
        whole), or on the ability of such Person (or group of Persons taken as a
        whole) to consummate the transactions contemplated hereby or to perform
        its obligations under the Transaction Documents to which it is or will
        be a party or by which it or its properties or assets is or will be
        bound.

(jj)    "MEMBER" is defined in the introductory paragraph of this Agreement.

(kk)    "MULTIEMPLOYER PLAN" means any plan described in ERISA Section 3(37).

(ll)    "PENSION PLAN" means any plan subject to Code Section 412 or ERISA
        Section 302 or Title IV (excluding any Multiemployer Plan) or any
        comparable benefit plan not covered by ERISA.

(mm)    "PERSON" means and includes an individual, a partnership, a joint
        venture, a corporation, a trust, a limited liability company, an
        unincorporated organization, a Government Entity or any other
        organization or entity.

(nn)    "PURCHASER" is defined in the introductory paragraph of this Agreement.

(oo)    "QUALIFIED PLAN" means any Benefit Plan intended to meet the
        requirements of Section 401(a) of the Code, including any previously
        terminated plan.

(pp)    "RELATED EMPLOYER" means the Seller and every ERISA Affiliate.

(qq)    "RESTRICTED PERIOD" means the period commencing on the Closing Date and
        continuing for a period ending five (5) years thereafter.

(rr)    "SEC" means the Securities and Exchange Commission or any successor
        Governmental Entity.

(ss)    "SECOND QUARTER" means the second calendar quarter ending June 30, 2000.

(tt)    "SECOND QUARTER REVENUE" means (A) revenues ((1) excluding expenses
        incurred to perform services which are reimbursable by any customer or
        client, and (2) including those expenses billed to any customer or
        client associated with the provision of communications resource services
        by Joan Wilson and/or other employees of the Seller

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        who provided such services prior to the Closing and who provide such
        services as employees of the Purchaser, Luminant or any of its
        Subsidiaries after the Closing) of the Seller earned during the period
        commencing on April 1, 2000 and through the day prior to Closing, as
        recorded for financial statement purposes in accordance with GAAP by the
        Seller, plus (B) revenues ((1) excluding all expenses incurred to
        perform services which are reimbursable by any customer or client, and
        (2) including only those expenses billed to Customers associated with
        the provision of communications resource services by Joan Wilson and
        other employees of the Seller who provided such services prior to the
        Closing and who provide such services as employees of the Purchaser,
        Luminant or any of its Subsidiaries after the Closing) for services
        provided to Customers of the Seller as set forth on Schedule 4.01(n)
        commencing on the Closing Date through June 30, 2000, as recorded for
        financial statement purposes in accordance with GAAP by Luminant,
        MINUS (C) receivables for such revenues earned during the Second Quarter
        written-off during or after such quarter as well as other expense
        adjustments all in accordance with GAAP, in each case as recorded in
        accordance with GAAP, MINUS (D) all Contingent Fees, if any, which shall
        be treated in accordance with Section 2.09.

(uu)    "SECURITIES ACT" means the Securities Act of 1933, as amended, or any
        successor federal statute, and the rules and regulations of the SEC
        thereunder, all as the same shall be in effect at the time. Reference to
        a particular section of the Securities Act of 1933 shall include a
        reference to the comparable section, if any, of any such successor
        Federal statute.

(vv)    "SELLER" is defined in the introductory paragraph to this Agreement.

(ww)    "SHARES" means the Share Consideration, Installment Shares and Earn-Out
        Shares.

(xx)    "SUBSIDIARY" means, with respect to any Person; any corporation, limited
        or general partnership, joint venture, association, limited liability
        company, joint stock company, trust, unincorporated organization, or
        other entity analogous to any of the foregoing of which a majority of
        the equity ownership (whether voting stock or comparable interest) is,
        at the time, owned directly or indirectly by such Person.

(yy)    "TRANSACTION DOCUMENTS" means the Employment Agreements attached as
        Schedule 6.01(e), the Blanket Conveyance, General Assignment and Bill of
        Sale attached as Exhibit A, the Assumption of Liabilities Agreement
        attached as Exhibit B, the Investor Questionnaires attached as Exhibit
        D, the FIRPTA Certificates for the Seller and each Member in the forms
        of the Certification of Non-Foreign Status Entity Transferor and
        Certification of Non-Foreign Status Individual Transferor in the forms
        hereto as Exhibit E and the Escrow Agreement attached hereto as Exhibit
        F and any other agreements entered into pursuant hereto.

(zz)    "TRANSFER AGENT" means American Stock Transfer & Trust Company or any
        successor thereto or replacement thereof from time to time.

SECTION 1.02 OTHER TERMS. Each of the following terms is defined in the
Section set forth opposite such term:

                                       7

<PAGE>

         TERM                                                    SECTION

         "ACCOUNTING FIRM"                                       2.10(a)(ii)
         "ADDITIONAL PURCHASE PRICE REDUCTION"                   2.06(a)(v)
         "ALLOCATION SCHEDULE"                                   3.03
         "ASSUMED LIABILITIES"                                   2.03
         "BALANCE SHEET DATE"                                    4.01(e)
         "CASH CONSIDERATION"                                    2.05(b)(i)
         "CHANGE OF CONTROL CONSIDERATION"                       2.07(a)(i)
         "Claim"                                                 7.04
         "CLOSING"                                               3.01
         "CLOSING DATE"                                          3.01
         "COBRA"                                                 4.01(u)(ii)5)
         "CONFIDENTIAL INFORMATION"                              5.02(a)
         "CONTINGENT CONTRACT"                                   2.09(a)
         "CONTINGENT CUSTOMER"                                   2.09(a)
         "CONTINGENT FEES"                                       2.09(a)
         "CONTRACT"                                              4.01(o)
         "CONTRACTS IN PROGRESS"                                 4.01(o)(vii)
         "CONTROL INSTALLMENT AMOUNT"                            2.07(a)(i)
         "CUSTOMERS"                                             4.01(n)
         "DAMAGES"                                               7.01
         "DEFENSE COUNSEL"                                       7.04(b)
         "DEFENSE NOTICE"                                        7.04(b)
         "DISCLOSING PARTY"                                      5.02(a)
         "EARN-OUT SHARE AGENT"                                  2.06(f)(iv)
         "EARN-OUT SHARES"                                       2.05(d)
         "ESCROWED SHARES"                                       2.08(a)
         "ESCROW AGENT"                                          2.08(a)(ii)
         "ESCROW AGREEMENT"                                      2.08(a)
         "FILED LUMINANT SEC DOCUMENTS"                          4.05(f)
         "FIRST INSTALLMENT PERIOD"                              2.07(a)(iii)
         "FINANCIALS"                                            4.01(e)
         "FIRPTA CERTIFICATES"                                   5.13
         "GOVERNMENTAL ENTITY"                                   4.01(c)(ii)
         "INDEMNIFICATION THRESHOLD"                             7.07(a)
         "INDEMNIFIED PARTY OR PARTIES"                          7.04(a)
         "INDEMNIFYING PARTY OR PARTIES"                         7.04(a)
         "INSTALLMENT SHARE AGENT"                               2.07(d)(iv)
         "INSTALLMENT SHARES"                                    2.07
         "INTERIM BALANCE SHEET"                                 4.01(e)
         "INTERIM FINANCIALS"                                    4.01(e)
         "INSTALLMENT PERIOD"                                    2.07(a)(iii)
         "IRS"                                                   4.01(u)(ii)1)
         "LIEN"                                                  4.01(c)(i)
         "LOGO"                                                  5.12(a)

                                        8
<PAGE>

         "LUMINANT INDEMNIFIED PARTY OR PARTIES"                 7.01
         "LUMINANT INDEMNIFYING PARTY OR PARTIES"                7.02
         "LUMINANT PERSONNEL"                                    2.09(a)(i)
         "MAY BALANCE SHEET"                                     4.01(e)
         "MAY FINANCIAL STATEMENTS"                              4.01(e)
         "MBE"                                                   4.01(o)(v)
         "MEMBERS' REPRESENTATIVE"                               11.13
         "OPERATING AGREEMENT"                                   4.01(a)
         "PARTNER"                                               2.07(b)(i)
         "PERCENTAGE INTERESTS"                                  2.06(g)
         "PERMIT"                                                4.01(c)(i)
         "PERMITTED LIENS"                                       2.01
         "PREPAID EXPENSES"                                      2.06(k)
         "PURCHASED ASSETS"                                      2.02
         "PURCHASE PRICE"                                        2.05(a)
         "PURCHASE PRICE INCREASE"                               2.06(a)(iv)
         "PURCHASE PRICE REDUCTION"                              2.06(a)(iii)
         "RECEIVING PARTY"                                       5.02(a)
         "REVENUE TARGET"                                        2.06(a)
         "RESTRICTED SECURITIES"                                 5.20
         "SECOND INSTALLMENT PERIOD"                             2.07(a)(iii)
         "SECOND QUARTER INCOME STATEMENT"                       2.06(a)(ii)
         "SELLER FINANCIAL STATEMENTS"                           4.01(e)
         "SELLER INDEMNIFIED PARTY OR PARTIES"                   7.02
         "SELLER INDEMNIFYING PARTY OR PARTIES"                  7.01
         "SELLER PERSONNEL"                                      2.09(a)(i)
         "SHARE CONSIDERATION"                                   2.05(b)(ii)
         "TAXES"                                                 4.01(v)(i)
         "TAX EXEMPT USE PROPERTY"                               4.01(v)(vi)
         "TAX RETURNS"                                           4.01(v)(i)
         "UTILIZATION"                                           2.07(a)(iv)
         "WBE"                                                   4.01(o)(v)

                                   ARTICLE II

                       ASSET PURCHASE AND RELATED MATTERS

Section 2.01 AGREEMENT TO SELL AND PURCHASE; INSTRUMENTS OF TRANSFER. On the
Closing Date, and in accordance with the terms and conditions of this
Agreement, the Seller shall sell, convey, assign and deliver to the
Purchaser, and the Purchaser shall purchase and assume from the Seller for
the consideration specified in Section 2.05, all right, title and interest to
the Purchased Assets, free and clear of all Liens other than the Liens set
forth on Schedule 2.01 attached hereto (the "Permitted Liens"), and the
Assumed Liabilities. The transfer of the Purchased Assets shall occur by
delivery of the instruments of transfer described in Article III and physical
delivery of all tangible assets into the possession of the Purchaser, except
that tangible assets located at the principal business office of the Seller
shall be deemed delivered if

                                        9
<PAGE>

such assets remain at those premises as of the Closing Date until removal is
authorized by the Purchaser or Luminant.

Section 2.02 PURCHASED ASSETS AND EXCLUDED ASSETS. For purposes of this
Agreement, the "Purchased Assets" shall consist of all right, title and
interest in and to all of the assets utilized in the Business which are
specified on Schedule 2.02 as being Purchased Assets, which Schedule 2.02 is
incorporated by reference herein and made a part hereof, and the Seller or
any Member, as the case may be, shall retain all right, title and interest in
and to the Excluded Assets which are specified on Schedule 2.02 as being
Excluded Assets.

Section 2.03 ASSUMED LIABILITIES AND EXCLUDED LIABILITIES. For purposes of
this Agreement, the "Assumed Liabilities" shall consist of all obligations of
the Seller which are specified on Schedule 2.03 as being Assumed Liabilities
and such other assumed obligations of the Purchaser as listed thereon as
Assumed Liabilities, which Schedule 2.03 is incorporated by reference herein
and made a part hereof. Neither the Purchaser nor Luminant will assume or
have any responsibility with respect to any obligation or liability of the
Seller or any Member not included within the definition of Assumed
Liabilities. The Seller shall retain all Excluded Liabilities as set forth on
Schedule 2.03.

Section 2.04 TAXES. The Seller shall be responsible for, and shall pay, any
documentary and transfer Taxes and any sales, use or other Taxes imposed by
reason of the transfer of Purchased Assets provided hereunder and any
deficiency, interest or penalty asserted with respect thereto.

SECTION  2.05  PURCHASE PRICE; CERTAIN TERMS REGARDING SHARES.

(a)     The purchase price for the Purchased Assets (the "Purchase Price") shall
        be an aggregate amount equal to SIX MILLION FIVE HUNDRED SIXTY THOUSAND
        DOLLARS ($6,560,000) and the Purchaser's assumption of the Assumed
        Liabilities, subject to adjustment in accordance with Sections 2.06 of
        this Agreement.

(b)     SIX MILLION FIVE HUNDRED SIXTY THOUSAND DOLLARS ($6,560,000) of the
        Purchase Price shall be paid to the Seller at the Closing as follows:

        (i) by delivery to the Seller by Luminant on behalf of the Purchaser of
            cash in the amount of EIGHT HUNDRED THOUSAND DOLLARS ($800,000) (the
            "Cash Consideration") by wire transfer of immediately available
            federal funds to such bank account or accounts as the Seller may
            designate in writing to the Purchaser at least two (2) business days
            prior to the Closing Date; and

        (ii) by delivery to the Seller by Luminant on behalf of the Purchaser of
             shares of Common Stock ("Initial Shares") with a Fair Market Value
             equal to FIVE MILLION SEVEN HUNDRED SIXTY THOUSAND DOLLARS
             ($5,760,000) (the "Share Consideration").

(c)     The Purchaser shall assume the Assumed Liabilities upon Closing.

(d)     After the Closing, Luminant on behalf of the Purchaser shall deliver to
        the Seller additional shares of Common Stock (the "Earn-Out Shares")
        with a Fair Market Value

                                        10

<PAGE>

        equal to any Purchase Price Increase subject to satisfaction of the
        conditions set forth in Section 2.06.

(e)     After the Closing, the Seller (or, if the Seller has distributed such
        Shares to the Members, the Members) shall deliver to Luminant (on behalf
        of the Purchaser) Share Consideration with a Fair Market Value, and Cash
        Consideration, if necessary, equal to the Purchase Price Reduction or
        Additional Purchase Price Reduction, as the case may be, subject to
        satisfaction of the conditions set forth in Section 2.06.

(f)     No fractional Shares shall be issued by Luminant on behalf of the
        Purchaser as part of the Purchase Price. In lieu of fractional Shares,
        Luminant on behalf of the Purchaser shall deliver to the Seller an
        amount in cash determined by multiplying (i) the fraction of a Share to
        which the Seller would otherwise have been entitled by (ii) the Fair
        Market Value.

(g)     Except as provided in Article VIII, all Shares shall be "Restricted
        Securities" within the meaning of Rule 144 and Rule 145 promulgated
        under the Securities Act.

(h)     All Shares shall be adjusted as appropriate for stock splits, reverse
        stock splits and stock dividends declared and paid with respect to the
        Common Stock.

SECTION 2.06 PURCHASE PRICE ADJUSTMENTS.

(a)     The aggregate Purchase Price payable pursuant to this Agreement has been
        calculated based upon the assumption that the Second Quarter Revenue
        will be equal to, or greater than, ONE MILLION NINE HUNDRED THOUSAND
        DOLLARS ($1,900,000) (the "Revenue Target"). The aggregate Purchase
        Price shall be adjusted in the event Second Quarter Revenue is less than
        ONE MILLION EIGHT HUNDRED THOUSAND DOLLARS ($1,800,000) or more than TWO
        MILLION DOLLARS ($2,000,000), as follows:

        (i)   Prior to Closing, the Seller shall deliver to the Purchaser and
              Luminant the Interim Financials and the May Financial Statements
              pursuant to Section 4.01(e) hereof.

        (ii)  Within forty-five (45) days after the end of the Second Quarter,
              the Purchaser or Luminant shall deliver to the Seller an income
              statement showing Second Quarter Revenue (the "Second Quarter
              Income Statement") and shall notify the Seller of Luminant's
              calculation of the amount of any Purchase Price Reduction pursuant
              to Section 2.06(a)(iii) or Purchaser Price Increase pursuant to
              Section 2.06(a)(iv), as the case may be. Within forty-five (45)
              days after the end of each fiscal quarter following the Second
              Quarter, Luminant shall deliver to the Seller an income statement
              and shall notify the Seller of Luminant's calculation of the
              amount of any Additional Purchase Price Reduction pursuant to
              Section 2.06(a)(v).

        (iii) If the Second Quarter Revenue (determined pursuant to the Second
              Quarter Income Statement, subject to the dispute resolution
              procedures in Section 2.10) is less than ONE MILLION EIGHT HUNDRED
              THOUSAND DOLLARS ($1,800,000), the Purchase Price shall be reduced
              by the amount equal to the product of (A) the amount

                                        11

<PAGE>

              by which the Revenue Target exceeds Second Quarter Revenue,
              multiplied by (B) 4.24 (the "Purchase Price Reduction").

        (iv)  If the Second Quarter Revenue (determined pursuant to the Second
              Quarter Income Statement, subject to the dispute resolution
              procedures in Section 2.10) is more than TWO MILLION DOLLARS
              ($2,000,000), the Purchase Price shall be increased by an amount
              equal to the product of (A) the amount by which the Second Quarter
              Revenue exceeds TWO MILLION DOLLARS ($2,000,000), multiplied by
              (B) 4.24 (the "Purchase Price Increase").

        (v)   Notwithstanding anything herein to the contrary, the Purchase
              Price, including any Purchase Price Increase, shall also be
              subject to reduction by an amount equal to the product of (A) the
              amount of any Accounts Receivable that were included in the
              calculation of Second Quarter Revenue which are written off in
              accordance with GAAP after the fiscal quarter ending June 30, 2000
              by the Purchaser, Luminant or any of its Subsidiaries from time to
              time as uncollectable in accordance with GAAP (subject to the
              dispute resolution mechanism in Section 2.10), multiplied by (B)
              4.24 (each an "Additional Purchase Price Reduction").

(b)     In the event the Seller, the Purchaser or Luminant objects to or
        disputes any matter applicable to this Section 2.06, the parties agree
        that the dispute resolution mechanism under Section 2.10 is the sole
        remedy of all parties with respect to the subject matter hereof and any
        decisions pursuant thereto shall be final and binding on all parties.

(c)     In the event that at the end of the applicable Dispute Resolution Period
        set forth in Section 2.10 it is determined that a Purchase Price
        Reduction pursuant to Section 2.06(a)(iii) is required, no later than
        fifteen (15) days thereafter the Seller shall return to Luminant on
        behalf of the Purchaser an aggregate number of the Initial Shares with a
        Fair Market Value equal to the Purchase Price Reduction, and if the
        Purchase Price Reduction exceeds the Fair Market Value of the Initial
        Shares, cash up to the balance of the unpaid Purchase Price Reduction.

(d)     In the event that at the end of the applicable Dispute Resolution Period
        set forth in Section 2.10 it is determined that an Additional Purchase
        Price Reduction pursuant to Section 2.06(a)(v) is required, no later
        than fifteen (15) days thereafter the Seller shall return to Luminant on
        behalf of the Purchaser an aggregate number of the Initial Shares or
        Earn-Out Shares with a Fair Market Value equal to the Additional
        Purchase Price Reduction, from time to time, and if the Additional
        Purchase Price Reduction, singularly or in the aggregate, exceeds the
        Fair Market Value of the Initial Shares and Earn-Out Shares, cash up to
        the balance of the unpaid Additional Purchase Price Reduction.

(e)     In the event that at the end of the applicable Dispute Resolution Period
        set forth in Section 2.10 it is determined that a Purchase Price
        Increase pursuant to Section 2.06(a)(iv)is required, no later than
        fifteen (15) days thereafter Luminant shall instruct its Transfer Agent
        to prepare and deliver to the Seller an aggregate number of Earn-Out
        Shares with a Fair Market Value equal to the Purchase Price Increase.
        Luminant shall use its best efforts to notify its Transfer Agent as soon
        as practicable after a determination

                                       12

<PAGE>

        that a Purchase Price Increase is required and to expedite the
        preparation and delivery of stock certificates by its Transfer Agent to
        the Seller.

(f)     Luminant shall be deemed to be in full compliance with this Agreement
        and not in default in any respect if:

        (i) Luminant shall forward the aggregate Earn-Out Shares payable
            hereunder to the Seller or the Members' Representative, as the case
            may be.

       (ii) Notwithstanding anything in this Section 2.06(f) to the contrary,
            if a Purchaser Price Increase is required and the Seller has been
            dissolved and liquidated or the Seller shall request a distribution
            to the Members, Luminant will use reasonable efforts to accommodate
            the distribution of any Earn-Out Shares to each Member pro rata in
            accordance with each Member's Percentage Interest or on a different
            basis, provided that the Member's Representative on behalf of all
            the Members shall notify Luminant in writing within fifteen (15)
            days after the final determination that a Purchase Price Increase is
            required specifying such percentage allocations among the Members
            and authorizing Luminant to make distributions on that basis.

      (iii) If Luminant does not receive from the Seller or any Member all of
            the information necessary for Luminant to notify its Transfer Agent
            to prepare and deliver stock certificates in accordance with Section
            2.06(f)(ii) above, the date by which Luminant must give notice to
            its Transfer Agent pursuant to Section 2.06(e) shall be extended to
            a date fifteen (15) following the date that it receives all
            necessary information from the Seller or such Member.

       (iv) At its option Luminant may deposit Earn-Out Shares, or instructions
            relating to the preparation and/or delivery of stock certificates
            representing Earn-Out Shares for which it has not received all
            information necessary to prepare and deliver such certificates, into
            an escrow account with its Transfer Agent or a bank with an office
            in New York City (the "Earn-Out Share Agent"). Within ten (10) days
            after Luminant has deposited any Earn-Out Shares or instructions
            relating thereto into escrow with the Earn-Out Share Agent, Luminant
            shall notify the Seller and the Members' Representative that it has
            made such deposit and the name, address, telephone number, fax
            number and name of the contact person at the applicable Earn-Out
            Share Agent. Following such notice by Luminant, the Seller, the
            Members' Representative or any Member shall provide the outstanding
            information necessary to prepare and deliver a certificate or
            certificates for such Earn-Out Shares to Luminant and to the
            Earn-Out Share Agent in accordance with the applicable notice
            provisions of Section 11.05 of this Agreement. Luminant shall
            provide such Earn-Out Share Agent with a general description of the
            outstanding information as well as instructions to promptly deliver,
            or, if the Earn-Out Share Agent is not the Transfer Agent, to
            instruct the Transfer Agent to promptly prepare and/or deliver, the
            applicable certificates for the Earn-Out Shares upon receipt by the
            Earn-Out Share Agent of such necessary information. If and when
            Luminant receives all information necessary to instruct the Earn-Out
            Share Agent to deliver, or, if the Earn-Out Share Agent is not the
            Transfer Agent, to instruct its Transfer Agent to prepare and
            deliver, stock certificates representing such Earn-Out Shares,
            within fifteen (15) days

                                       13

<PAGE>

         thereafter Luminant will provide such information and issue appropriate
         instructions to the Earn-Out Share Agent and/or the Transfer Agent, as
         the case may be. Luminant shall use its best efforts to notify the
         Earn-Out Share Agent and/or the Transfer Agent as soon as practicable
         after receipt of all necessary information and to expedite the delivery
         of stock certificates by the Earn-Out Share Agent and/or the
         preparation and/or delivery of stock certificates representing such
         Earn-Out Shares by the Transfer Agent.

(g)     To the extent that the Seller has distributed Shares to all or some of
        the Members, the obligation to pay the Purchase Price Reduction and
        Additional Purchase Price Reduction, as the case may be, shall be the
        individual pro rata obligation of each Member, and each Member shall
        return the Initial Shares or pay the cash, as the case may be, to
        Luminant (on behalf of the Purchaser) pro rata based on the percentage
        interest of such Members set forth in Schedule 2.06 (the "Percentage
        Interests").

(h)     Notwithstanding anything herein to the contrary, if the Seller or any
        Member shall fail to deliver to Luminant the Purchase Price Reduction or
        Additional Purchase Price Reduction, as the case may be, in accordance
        with Sections 2.06(c) and/or 2.06(d), as applicable, in addition to any
        other remedies available to Luminant at law or in equity, Luminant shall
        have the right (but shall not be required) to set-off or offset the full
        Purchase Price Reduction and Additional Purchase Price Reduction, as the
        case may be, against any Installment Shares payable, from time to time,
        pursuant to Section 2.07 hereof or the Escrowed Shares. Luminant's right
        of set-off or offset may be exercised in Luminant's sole discretion
        without the requirement to take any further action and this right of
        set-off or offset may be enforced against the Seller or any one Member
        or the Seller and all Members, as applicable. (i) The costs of preparing
        the Second Quarter Income Statement shall be borne by the Purchaser.

(j)     Notwithstanding anything herein to the contrary, in no event shall the
        Seller be entitled to receive, nor shall Luminant or the Purchaser have
        any obligation to pay the Seller (or the Members, as applicable),
        Earn-Out Shares with a Fair Market Value exceeding ONE MILLION TWO
        HUNDRED SEVENTY-TWO THOUSAND DOLLARS ($1,272,000).

(k)     In addition, within fifteen (15) days after the finalization of (A) the
        Second Quarter Income Statement and (B) the income statement relating to
        a fiscal quarter ending after the end of the Second Quarter, Luminant or
        the Purchaser shall notify the Seller of Luminant's or the Purchaser's,
        as the case may be, calculation of any prepaid expenses recorded by the
        Seller on the May Balance Sheet (the "Prepaid Expenses") in accordance
        with GAAP (1) for which Luminant or any of its Subsidiaries received a
        benefit for the period June 1, 2000 through June 30, 2000 in the case of
        the Second Quarter Income Statement, or (2) for which Luminant or any of
        its Subsidiaries received a benefit during the fiscal quarter to which
        the expense relates in the case of income statements relating to a
        fiscal quarter ending after the end of the Second Quarter, as finally
        determined in the event of a dispute in accordance with Section 2.10. In
        the event that at the end of the applicable Dispute Resolution Period
        set forth in Section 2.10 it is determined that Luminant or any of its
        Subsidiaries are required to reimburse the Seller for any Prepaid

                                       14

<PAGE>

        Expenses, within fifteen (15) days thereafter Luminant or the Purchaser
        shall remit to the Seller cash in the amount of such Prepaid Expenses.
        Notwithstanding anything herein to the contrary, Luminant's and the
        Purchaser's obligations with respect to educational financial assistance
        to former employees of the Seller shall be governed by Section 5.18(c)
        and Schedule 5.18(c) of this Agreement.

(l)     All of the Purchase Price adjustments listed in this Section 2.06 shall
        be treated as adjustments to the Purchase Price for tax purposes.

Section 2.07 INSTALLMENT SHARES. After the Closing, Luminant shall make
payments to the Members in an aggregate amount of up to ONE MILLION FOUR
HUNDRED FORTY THOUSAND DOLLARS ($1,440,000), which shall be paid by Luminant
in shares of Common Stock (the "Installment Shares") valued at the Fair
Market Value, such payments to be made at the time and subject to
satisfaction of the conditions set forth in this Section 2.07.

(a)     Installment Shares shall be earned by each Member based on the
        individual performance of each Member to the extent such Member
        satisfies applicable conditions of this Section 2.07, as follows:

         (i) in the case of each Member, if (A) a Change of Control of Luminant
             shall occur and (B) such Member shall be employed by Luminant or
             any of its Subsidiaries on the date immediately preceding the date
             on which the Change of Control is consummated, the payment of the
             Purchase Price Installments shall be accelerated, and the amount
             payable to such Member (the "Control Installment Amount") shall be
             determined by multiplying (1) ONE MILLION FOUR HUNDRED FORTY
             THOUSAND DOLLARS ($1,440,000), by (2) the Percentage Interest of
             such Member. Luminant shall deliver to such Member Installment
             Shares with an aggregate Fair Market Value equal to the Control
             Installment Amount, which Installment Shares shall be deemed issued
             to such Member as of the date immediately prior to the date of
             consummation of such Change of Control. Luminant shall deliver
             (or cause to be delivered) to such Member the Installment Shares in
             accordance with Section 2.07 (d), and in any event such Member
             shall have the right to receive and shall receive such cash,
             securities, assets or other consideration (the "Change of Control
             Consideration") on account of such Installment Shares on the same
             basis as Change of Control Consideration is paid or payable on
             account of the shares of Common Stock of Luminant upon consummation
             of such Change of Control in accordance with the terms of such
             Change of Control transaction; or

        (ii) (A) in the case of each Member (other than Joan Wilson), if (1)
             Luminant or any of its Subsidiaries has reassigned such Member to a
             new position or otherwise changed the duties and responsibilities
             of such Member whereby such Member no longer has the ability to
             have earned Billable Value (as determined pursuant to Section
             2.07(b) below) equal to or exceeding ONE MILLION DOLLARS
             ($1,000,000) during an Installment Period, or (2) Luminant or any
             of its Subsidiaries causes such Member not to have Billable Value
             equal to or exceeding ONE MILLION DOLLARS ($1,000,000) for an
             Installment Period by actively interfering with her ability to do
             her job, or; or (B) in the case of Joan Wilson, if (1) Luminant or
             any of its Subsidiaries has reassigned her to a

                                       15

<PAGE>

             new position or otherwise changed her duties and responsibilities
             whereby she no longer has the ability to fulfill subclause (B) or
             (C) of Section 2.07(a)(iv) during any Installment Period; or (2)
             Luminant or any of its Subsidiaries causes her not to fulfill
             subclause (B) or (C) or Section 2.07(a)(iv) for an Installment
             Period; by actively interfering with her ability to do her job; or
             (C) in the case of each Member (including Joan Wilson) (1) during
             an Installment Period such Member's employment terminates for
             "Good Reason" as defined in such Member's Employment Agreement; or
             (2) such Member is no longer employed by Luminant or any of its
             Subsidiaries due to termination of such Member's employment without
             cause in accordance with such Member's Employment Agreement, then,
             if any of the preceding events shall have occurred prior to the end
             of an Installment Period with respect to an applicable Member,
             Luminant shall deliver (or cause to be delivered) to such Member in
             accordance with Section 2.07(d) Installment Shares with an
             aggregate Fair Market Value equal to the product of (1) ONE MILLION
             FOUR HUNDRED FORTY THOUSAND DOLLARS ($1,440,000) (if such event
             occurs during the First Installment Period) or SEVEN HUNDRED TWENTY
             THOUSAND DOLLARS ($720,000) (if such event occurs during the Second
             Installment Period), multiplied by (2) the Percentage Interest of
             such Member; in accordance with the terms of this Section 2.07;
             except that such Member shall have no right to receive any
             Installment Shares relating to a particular Installment Period if
             such Member's employment has been terminated for cause in
             accordance with such Member's Employment Agreement during such
             Installment Period; or

       (iii) in the case of each Member (other than Joan Wilson), if (A) such
             Member shall be employed by Luminant or any of its Subsidiaries on
             the last day of an Installment Period and (B) such Member shall
             have Billable Value (as determined pursuant to Section 2.07(b)
             below) of ONE MILLION DOLLARS ($1,000,000) or more during the
             consecutive twelve (12) month period immediately preceding the end
             of the first anniversary of the Closing (the "First Installment
             Period") Luminant shall deliver (or cause to be delivered) to such
             Member in accordance with Section 2.07(d) Installment Shares with
             an aggregate Fair Market Value equal to an amount determined by
             multiplying (1) SEVEN HUNDRED TWENTY THOUSAND DOLLARS ($720,000),
             by (2) the percentage interest of such Member determined pursuant
             to Section 2.07(b)(iv); and (C) such Member shall have Billable
             Value (as determined pursuant to Section 2.07(b) below) of ONE
             MILLION DOLLARS ($1,000,000) or more during the consecutive
             twelve (12) month period immediately preceding the end of the
             second anniversary of the Closing (the "Second Installment Period"
             and with the First Installment Period, each an "Installment
             Period") Luminant shall deliver (or cause to be delivered) to such
             Member Installment Shares with an aggregate Fair Market Value equal
             to an amount determined by multiplying (1) SEVEN HUNDRED TWENTY
             THOUSAND DOLLARS ($720,000), by (2) the percentage interest of such
             Member determined pursuant to Section 2.07(b)(iv); in each case in
             accordance with the terms of this Section 2.07.

        (iv) in the case of Joan Wilson, if (A) such Member shall be employed by
             Luminant or any of its Subsidiaries on the last day of an
             Installment Period and (B) such Member shall have a Utilization of
             65% or more during the First Installment Period, Luminant shall
             deliver (or cause to be delivered) to such Member Installment
             Shares with an aggregate

                                       16

<PAGE>

         Fair Market Value equal to an amount determined by multiplying (1)
         SEVEN HUNDRED TWENTY THOUSAND DOLLARS ($720,000), by (2) the percentage
         interest of such Member determined pursuant to Section 2.07(b)(iv), and
         (C) such Member shall have a Utilization of 65% or more during the
         Second Installment Period, Luminant shall deliver (or cause to be
         delivered) to such Member in accordance with Section 2.07(d)
         Installment Shares with an aggregate Fair Market Value equal to an
         amount determined by multiplying (1) SEVEN HUNDRED TWENTY THOUSAND
         DOLLARS ($720,000), by (2) the percentage interest of such Member
         determined pursuant to Section 2.07(b)(iv); in each case in accordance
         with the terms of this Section 2.07. For the purposes of this Section
         2.07(a)(iv), the term "Utilization" shall mean, with respect to a
         particular Installment Period, the percentage obtained by multiplying:
         (X) a fraction: (AA) the numerator of which is the time spent (in terms
         of hours and fractions thereof) by Joan Wilson on matters relating to
         customer or client engagements, customer or client proposals and the
         development of internal processes with respect to the applicable
         Installment Period, and (BB) the denominator of which is the total
         number of working hours available to Joan Wilson with respect to the
         applicable Installment Period (based on the number of working days,
         excluding vacation days, public holidays, sick days and the like, for
         Joan Wilson during the applicable Installment Period and an eight (8)
         hour work day), by (Y) 100%.

(b)     For purposes hereof, a Member shall be deemed to have earned Billable
        Value and shall receive credit for such Billable Value, as follows:

     (i)  if (A) a Member is primarily responsible for obtaining the
          engagement to perform work for a customer or a client, and (B) no
          other Member is working on such engagement, such Member shall be
          credited with 100% of the aggregate Billable Value with respect to
          that customer or client engagement, whether or not any other Person
          employed by Luminant or any of its Subsidiaries holding the
          designation of partner (a "Partner") works on such engagement;
          provided that the allocation of such aggregate Billable Value among
          the Members (other than Joan Wilson) shall be subject to change in
          accordance with Section 2.07(b)(iv); or

    (ii)  if (A) a Member is primarily responsible for obtaining the engagement
          to perform work for a customer or client, and (B) any other Member is
          working on such engagement, whether or not any other Partner (which
          is not a Member) works on such customer or client engagement; each
          such Member (other than Joan Wilson) shall be allocated a portion of
          such aggregate Billable Value with respect to that customer or client
          engagement, to be determined by multiplying such aggregate Billable
          Value by a fraction (1) the numerator of which shall be the number of
          hours spent by such Member (other than Joan Wilson) working on such
          engagement, and (2) the denominator of which shall be the total number
          of hours worked by all Members (other than Joan Wilson) working on
          such engagement; provided that the allocation of such aggregate
          Billable Value among the Members (other than Joan Wilson) shall be
          subject to change in accordance with Section 2.07(b)(iv); or

   (iii)  if one or more Members have worked on a customer or client
          engagement and no Member is primarily responsible for having obtained
          such engagement, each such

                                       17

<PAGE>

        Member (other than Joan Wilson) shall be allocated a portion of such
        aggregate Billable Value with respect to that customer or client
        engagement to be determined by multiplying such aggregate Billable
        Value by a fraction (A) the numerator of which shall be the number of
        hours spent by such Member (other than Joan Wilson) with respect to
        such engagement, and (B) the denominator of which shall be the total
        number of hours worked by all Partners (including all Members (other
        than Joan Wilson)) with respect to such engagement; provided that the
        allocation of such aggregate Billable Value among the Members (other
        than Joan Wilson) shall be subject to change in accordance with
        Section 2.07(b)(iv).

    (iv) Notwithstanding anything in Section 2.07 to the contrary, if the
         Members' Representative shall instruct Luminant in writing within
         fifteen (15) days after notice is given by Luminant in accordance with
         Section 2.07(c)(A) as to the percentage interest of each Member (other
         than Joan Wilson) that Luminant shall use to allocate the Billable
         Value determined pursuant to Sections 2.07(b)(i), 2.07(b)(ii) or
         2.07(b)(iii) among the applicable Members (other than Joan Wilson)
         and/or Installment Shares earned pursuant to Sections 2.07(a)(iii)
         and/or 2.07(a)(iv) among the applicable Members (including Joan
         Wilson), Luminant shall make the allocations and instruct its Transfer
         Agent to prepare and deliver stock certificates representing the
         Installment Shares, if any, in accordance with the Members'
         Representative's instructions. If Luminant does not receive written
         instructions from the Members' Representative in accordance with the
         preceding sentence, (A) Luminant shall allocate Billable Value (1) 100%
         to the responsible Member pursuant to Section 2.07(b)(i), and (2) based
         on the relative hours worked by each Member in accordance with Sections
         2.07(b)(ii) or 2.07(b)(iii), as applicable, or (B) Luminant shall issue
         Installment Shares, if any, to such Member based on such Member's
         Percentage Interest. Notwithstanding anything in this Section 2.07 to
         the contrary, Joan Wilson shall not be allocated or reallocated any
         portion of Billable Value and any other Member shall not be allocated
         or reallocated any portion of Utilization.

(c)     Luminant shall notify the Members' Representative of Luminant's
        calculation of, (A) with respect to aggregate Billable Value earned by
        all Members (other than Joan Wilson) pursuant to Section 2.07(b), and
        Joan Wilson's Utilization pursuant to Section 2.07(a)(iv), within ninety
        (90) days after the end of each Installment Period, (B) with respect to
        the Control Installment Amount issuable on a Change of Control in
        accordance with Section 2.07(a)(i), as soon as practicable following
        such Change of Control, (C) with respect to the number of Installment
        Shares issuable on an event described in Section 2.07(a)(ii) within
        fifteen (15) days after Luminant receives notice of such event, and (D)
        with respect to the number of Installment Shares issuable in accordance
        with Sections 2.07(a)(iii) and/or 2.07(a)(iv), within ninety (90) days
        after the end of each Installment Period, provided that Luminant shall
        not be deemed to be in default of the requirement to give notice
        hereunder if it has a dispute relating to the applicable Section.

(d)     In the event that at the end of the applicable Dispute Resolution Period
        set forth in Section 2.10 it is determined that Installment Shares are
        issuable pursuant to the terms of this Section 2.07, no later than
        fifteen (15) days thereafter Luminant shall instruct its Transfer Agent
        to prepare and deliver to the applicable Members stock certificates

                                    18

<PAGE>

        representing the applicable Installment Shares payable pursuant to this
        Section 2.07. Luminant shall use its best efforts to notify its Transfer
        Agent as soon as practicable after a determination that a payment of
        Installment Shares is required and expedite the preparation and delivery
        of stock certificates by its Transfer Agent to the applicable Members.
        Notwithstanding the foregoing, Luminant shall be deemed to be in full
        compliance with this Agreement and not in default in any respect if
        Luminant shall deliver (or cause to be delivered) the Installment Shares
        issuable hereunder to the Members' Representative, subject to the
        following:

     (i) Notwithstanding anything in this Section 2.07(d) to the contrary,
         Luminant will use reasonable efforts to accommodate the distribution of
         any Installment Shares to each Member in accordance with any
         instructions received from the Members' Representative in accordance
         with to Section 2.07(b)(iv) above, provided that the Members'
         Representative on behalf of all the Members shall notify Luminant in
         writing within fifteen (15) days after Luminant gives notice to the
         Members' Representative pursuant to Section 2.07(c). In addition, the
         Seller and the Members' Representative shall use its or her best
         efforts to provide Luminant with all the information necessary for
         Luminant to instruct its Transfer Agent to prepare and deliver the
         Installment Shares for any Installment Period at one time.

    (ii) If Luminant does not receive from the Seller or any Member all of
         the information necessary for Luminant to notify its Transfer Agent to
         make a distribution in accordance with the first or second sentence of
         this Section 2.07(d), the date by which Luminant must give notice to
         its Transfer Agent shall be extended to a date fifteen (15) following
         the date that it receives all necessary information from the Seller or
         such Member.

   (iii) At its option Luminant may deposit Installment Shares, or
         instructions relating to the preparation and/or delivery of stock
         certificates representing Installment Shares for which it has not
         received all information necessary to prepare and deliver such
         certificates, into an escrow account with its Transfer Agent or a bank
         with an office in New York City (the "Installment Share Agent"). Within
         ten (10) days after Luminant has deposited any Installment Shares or
         instructions relating thereto into escrow with the Installment Share
         Agent, Luminant shall notify the Members' Representative that it has
         made such deposit and the name, address, telephone number, fax number
         and name of the contact person at the applicable Installment Share
         Agent. Following such notice by Luminant, the Seller, the Members'
         Representative or any Member shall provide the outstanding information
         necessary to prepare and/or deliver a certificate or certificates for
         such Installment Shares to Luminant and to the Installment Share Agent
         in accordance with the applicable notice provisions of Section 11.05 of
         this Agreement. Luminant shall provide such Installment Share Agent
         with a general description of the outstanding information as well as
         instructions to promptly deliver, or, if the Installment Share Agent is
         not the Transfer Agent, to instruct the Transfer Agent to promptly
         prepare and deliver, the applicable certificates for the Installment
         Shares upon receipt by the Installment Share Agent of such necessary
         information. If and when Luminant receives all information necessary to
         instruct the Installment Share Agent to deliver, or, if the Installment
         Share Agent is not the Transfer Agent, to instruct its Transfer Agent
         to

                                    19

<PAGE>

         prepare and deliver, stock certificates representing such
         Installment Shares, within fifteen (15) days thereafter Luminant
         will provide such information and issue appropriate instructions to
         the Installment Share Agent and/or the Transfer Agent, as the case
         may be. Luminant shall use its best efforts to notify the
         Installment Share Agent and/or the Transfer Agent as soon as
         practicable after receipt of all necessary information and to
         expedite the delivery of stock certificates by the Installment
         Share Agent and/or the preparation and/or delivery of stock
         certificates representing such Installment Shares by the Transfer
         Agent.

(e)     In the event the Seller, any Member or Luminant objects to or disputes
        any matter applicable to this Section 2.07, the parties agree that the
        dispute resolution mechanism under Section 2.10 is the sole remedy of
        all parties with respect to the subject matter hereof and any decisions
        pursuant thereto shall be final and binding on all parties.

(f)     [Reserved]

(g)     The Installment Shares shall not be treated as Purchase Price for Tax
        purposes.

SECTION 2.08 ESCROW SHARES.

(a)     As collateral security for the payment of any Purchase Price Reduction
        and/or Additional Purchase Price Reduction under Section 2.06, or any
        indemnification obligations of the Seller pursuant to Article VII, the
        Seller shall, and by execution hereof does hereby, place into escrow
        pursuant to the Escrow Agreement attached hereto as Exhibit F (the
        "Escrow Agreement"), the terms and conditions of which are incorporated
        by reference herein, for the benefit of the Purchaser, Luminant and any
        Luminant Indemnified Party, the following "Escrowed Shares:"

     (i) 10% of the Share Consideration and the certificates and instruments,
         if any, representing or evidencing such portion of the Share
         Consideration.

    (ii) all securities hereafter delivered to the Seller or any Member in
         substitution for any Escrowed Shares, all certificates and instruments,
         if any, representing or evidencing such securities, and all cash and
         other property at any time received, receivable or otherwise
         distributed in exchange therefore (excluding any cash or non-cash
         dividends in respect thereof); and in the event the Seller or any
         Member receives any such property, the Seller and such Member shall
         immediately deliver such property to the "Escrow Agent" (as defined in
         the Escrow Agreement) to be held as Escrowed Shares pursuant to the
         Escrow Agreement; and

   (iii) all cash and non-cash proceeds of all of the foregoing property
         and all rights, titles, interests, privileges and preferences
         appertaining or incident to the foregoing property.

(b)     Each certificate, if any, evidencing the Seller's or any Member's
        Escrowed Shares issued in its, his or her name, shall be delivered to
        the Escrow Agent directly by Luminant's Transfer Agent, such certificate
        bearing no restrictive or cautionary legend other than those imprinted
        by the Transfer Agent at Luminant's request. The Seller, and upon
        transfer of any Escrowed Shares to a Member, such Member shall promptly
        deliver to the

                                    20

<PAGE>

        Escrow Agent stock powers duly signed in blank by it, him or her with
        respect to the applicable Escrowed Shares.

(c)     In the sole discretion of Luminant, the Escrowed Shares shall be
        available to satisfy any Purchase Price Adjustment and/or Additional
        Purchase Price Adjustment pursuant to Section 2.06 and any
        indemnification obligations of the Seller pursuant to Article VII until
        the date which is twelve (12) months after the Closing Date in
        accordance with the terms of the Escrow Agreement. The Shares held as
        Escrowed Shares shall be valued in accordance with the Escrow Agreement.

SECTION  2.09  CONTINGENT PAYMENTS.

(a)     Attached as Schedule 2.09 is a list as of May 31, 2000 of all of the
        Customers with whom the Seller has contingent arrangements (each a
        "Contingent Customer"), a summary of the applicable contract terms
        relating to each contingent fee arrangement (each a "Contingent
        Contract"), the gross contingent amount payable under the Contingent
        Contract (the "Contingent Fees") and the total fees earned pursuant to
        each Contingent Contract to and including May 31, 2000. If and when the
        Seller, the Purchaser or a Member, as the case may be, receives payment
        of all or a portion of any Contingent Fees, such funds shall be
        allocated to the Seller, on the one hand, and the Purchaser, on the
        other hand, as follows:

     (i) the Seller shall receive a portion of such Contingent Fee to be
         determined by multiplying (A) such Contingent Fee by (B) a fraction (1)
         the numerator of which shall be the hours worked prior to and including
         May 31, 2000 by all Members, employees and consultants of the Seller
         (the "Seller Personnel") with respect to the Contingent Fee portion of
         such Contingent Contract and (2) the denominator of which shall be the
         total hours worked by all Seller Personnel and all officers, employees
         and consultants of Luminant or any of its Subsidiaries (the "Luminant
         Personnel") with respect to the Contingent Fee portion of such
         Contingent Contract; and

    (ii) the Purchaser shall receive a portion of such Contingent Fee to be
         determined by multiplying (A) such Contingent Fee by (B) a fraction (1)
         the numerator of which shall be the hours worked by Luminant Personnel
         with respect to the Contingent Fee portion of such Contingent Contract
         and (2) the denominator of which shall be the total hours worked by all
         Seller Personnel and all Luminant Personnel with respect to the
         Contingent Fee portion of such Contingent Contract.

   (iii) Notwithstanding anything herein to the contrary, if the aggregate
         Billable Value (determined in accordance with Section 2.07(b)) of all
         Members for each of the fiscal quarters ending September 30, 2000 and
         December 31, 2000 is less than ONE MILLION FIVE HUNDRED THOUSAND
         DOLLARS ($1,500,000), the Seller shall immediately forfeit its right to
         receive 40% of any Contingent Fees payable to the Seller pursuant to
         Section 2.09(a)(i) and the Purchaser shall retain such Contingent Fees.

(b)     The provisions of Section 2.09(a) shall apply regardless of the party
        who actually receives the payment from a Contingent Customer. All
        parties hereto agree that if it or he

                                    21

<PAGE>

        receives amounts that constitute Contingent Fee, it or he will
        forward the entire amount to the Purchaser within ten (10) days after
        receipt of such funds. Upon the Purchaser's receipt of any funds that
        constitute Contingent Fees, the Purchaser shall notify the Seller
        within fifteen (15) days of its receipt of such funds and its
        proposed apportionment of such funds between the Seller and the
        Purchaser, which determination shall be a financial calculation for
        the purposes of Section 2.10(a).

(c)     Following the end of the applicable Dispute Resolution Period set forth
        in Section 2.10, the Purchaser covenants to cause any Contingent Fees
        received by the Purchaser during the year 2000, which are payable to the
        Seller pursuant to Section 2.09(a)(i), to be distributed to the Seller
        as follows (A) 60% within fifteen (15) days after the end of such
        Dispute Resolution Period and (B) the balance, if any, within ninety
        (90) days after the end of the fiscal year ending December 31, 2000 if
        the applicable conditions under Section 2.09(a)(iii) have been
        satisfied. If any Contingent Fees are received during the year 2001 or
        thereafter, which are payable to the Seller pursuant to Section
        2.09(a)(i), the Purchaser shall distribute those funds to the Seller
        within fifteen (15) days after the end of the applicable Dispute
        Resolution Period.

Section 2.10 DISPUTES.

(a)     In the event of any objection or dispute arising out of any financial
        calculation of any type pursuant to Sections 2.06, 2.07 or 2.09, subject
        to appropriate confidentiality restrictions, the following procedures
        shall apply:

     (i) The Seller and the Members' Representative, on the one hand, and
         Luminant and the Purchaser, on the other hand, shall have the right,
         upon written request, to examine the financial books and records
         related to the applicable calculations during normal business hours for
         purposes of verifying the accuracy and correctness of any calculation
         made pursuant to Sections 2.06, 2.07 or 2.09. Unless, within fifteen
         (15) calendar days after notice of the applicable calculation has been
         given in accordance with Sections 2.06, 2.07 or 2.09, as the case may
         be, none of such parties shall have delivered to the other party
         written notice of objection thereto, such calculation shall be deemed
         to be complete, final and binding on all parties to this Agreement.

    (ii) The parties hereto will use their reasonable best efforts to
         resolve any such objections or disputes pursuant to Section 2.10(a). If
         all objections or disputes are not finally resolved within fifteen (15)
         calendar days after notice of the objection or dispute has been given
         in accordance with Section 2.10(a)(i), the parties will refer the
         matters in dispute to a nationally recognized accounting firm to be
         agreed to by the Seller and Luminant (the "Accounting Firm") to resolve
         any remaining objections. The parties will use their best efforts to
         cause the Accounting Firm to resolve the objections within thirty (30)
         days after such dispute has been submitted to them for resolution.

   (iii) Upon such resolution, the party that originally prepared such
         calculation shall revise the calculations as appropriate to accurately
         reflect the resolution of the objections and dispute (as agreed by such
         parties or directed by the Accounting Firm) and deliver it to

                                    22

<PAGE>

         the other party within ten (10) business days after the final
         resolution of such objections. Such revised calculation will be
         final and binding on all parties.

    (iv) The fees and expenses of the Accounting Firm will be borne equally
         by the Purchaser and Luminant, on the one hand, and the Seller and the
         Members, on the other hand.

     (v) The Seller, on the one hand, and Luminant and the Purchaser, on the
         other hand, will make available the work papers used in preparing the
         calculations and any other information reasonably requested by the
         Accounting Firm to assist the Accounting Firm in reviewing and
         evaluating the calculations.

(b)     In the event of any objection or dispute arising out of any provision of
        Sections 2.06, 2.07 or 2.09 other than a provision relating to a
        financial calculation, subject to appropriate confidentiality
        restrictions, the following procedures shall apply:

     (i) The Seller or the Members' Representative, on the one hand, and
         Luminant and the Purchaser, on the other hand, shall have the right to
         notify the other party within fifteen (15) days after the date of an
         action or determination giving rise to an objection or dispute that
         such party has an objection to or dispute with such action or
         determination. If none of such parties shall have delivered to the
         other party written notice of any objection or dispute within such time
         period, such party shall be deemed to have no objection or dispute with
         regard to such action or determination, and the applicable action or
         determination shall be deemed to be complete, final and binding on all
         parties to this Agreement.

    (ii) The parties hereto will use their reasonable best efforts to
         resolve any such objections or disputes pursuant to Section 2.10(b). If
         any objections or disputes are not finally resolved within fifteen (15)
         calendar days after notice of the objection or dispute has been given
         in accordance with Section 2.10(b)(i), the objections and disputes
         shall be settled by arbitration in accordance with the rules then in
         effect of the American Arbitration Association at the time of the
         dispute. After an award is rendered by the arbitrator(s), a judgment
         may be entered in any court of competent jurisdiction. The arbitration
         shall occur in New York City, New York to the exclusion of all other
         locations. The arbitrators cannot add to or subtract from the terms of
         this Agreement. The parties agree that the arbitrators may include
         provisions for the payment of costs and expenses, including reasonable
         attorneys' fees as part of any ruling or award made thereunder. The
         parties acknowledge that arbitration shall be the sole, final, binding
         and exclusive remedy of the parties with respect to any such matter for
         which arbitration is undertaken. In preparation for the arbitration
         process described herein, the parties shall be given at least one
         hundred twenty (120) days for discovery and each party may utilize all
         methods of discovery authorized by the procedural rules and statutes of
         the State of New York for civil litigation and may enforce the right to
         obtain such discovery in the manner provided by such rules and
         statutes.

                                    23

<PAGE>

                                   ARTICLE III

                                     CLOSING

Section 3.01 LOCATION AND DATE. The consummation of the transaction contemplated
by this Agreement and the Transaction Documents (the "Closing") shall be deemed
to have take place at the offices of Wilmer, Cutler & Pickering, 520 Madison
Avenue, New York, New York, on June 22, 2000, providing that all conditions to
Closing shall have been satisfied or waived, which date shall be referred to as
the "Closing Date."

Section  3.02  DELIVERIES AT THE CLOSING.   At the Closing:

(a)     the Seller and/or the Members, as applicable, will deliver to the
        Purchaser and Luminant the agreements, certificates, instruments and
        documents referred to in Section 6.01;

(b)     the Purchaser and Luminant will deliver to the Seller and/or the
        Members, as applicable, the agreements, certificates, instruments and
        documents referred to in Section 6.02;

(c)     Luminant on behalf of the Purchaser will deliver to the Seller the Cash
        Consideration and a letter from Luminant to its Transfer Agent
        confirming the issuance of the Share Consideration and directing the
        Transfer Agent to prepare and deliver stock certificates representing
        the Share Consideration in such denominations as the Seller shall have
        notified Luminant prior to Closing (taking into account the Escrowed
        Shares pursuant to Section 2.08).

(d)     Luminant and the Seller will deliver a letter or other documents as
        necessary to cause the Transfer Agent to deliver the Escrowed Shares to
        the Escrow Agent pursuant to the Escrow Agreement.

Section 3.03 ALLOCATION.

(a)     For Tax purposes only, the parties hereto covenant and agree that:

     (i) the fair market value of the tangible personal property of the
         Seller that is shown on the May Balance Sheet as adjusted to and
         including the Closing Date is equal to the net book value shown on such
         balance sheet for such tangible personal property and that they will
         reflect this agreement in any allocation of Purchase Price made by
         them;

    (ii) following the Closing Date, the Seller and the Purchaser will
         attempt, in good faith, to reach mutual agreement on the allocation of
         Purchase Price (as determined for Tax purposes) among the Purchased
         Assets on or before September 15, 2000 (the "Allocation Schedule");

   (iii) if an Allocation Schedule is agreed to on or before September 15,
         2000, the Allocation Schedule shall be amended from time to time to
         reflect any increase or decrease in the Purchase Price that occurs
         after September 15, 2000; and

                                    24

<PAGE>

    (iv) the Seller and the Purchaser shall: (A) timely file all forms and
         Tax Returns (including IRS Form 8594 (Asset Allocation Statement) and
         any supplemental Form 8594 to reflect any increase of decrease in the
         Purchase Price that occurs after the initial filing) required to be
         filed in connection with the Allocation Schedule, as amended, (B) be
         bound by such Allocation Schedule, as amended, for all Tax purposes,
         (C) prepare and file all Tax Returns in a manner consistent with such
         Allocation Schedule, as amended, and (D) take no position inconsistent
         with such Allocation Schedule, as amended, in any audit or other
         proceeding relating to Taxes without the written consent of the Seller,
         on the one hand, or the Purchaser, on the other hand, which consent
         shall not be unreasonably withheld.

(b)     Notwithstanding anything in this Agreement to the contrary, if no
        Allocation Schedule is agreed to on or before September 15, 2000, the
        Seller and the Purchaser shall independently substantiate the allocation
        of the Purchase Price and shall have no further obligation to each other
        with respect to cooperation and consistent treatment of the allocation
        of Purchase Price.

                                   ARTICLE IV

                         REPRESENTATIONS AND WARRANTIES

Section 4.01 REPRESENTATIONS AND WARRANTIES OF THE SELLER. To induce the
Purchaser and Luminant to enter into this Agreement and consummate the
transactions contemplated hereby, the Seller represents and warrants to the
Purchaser and Luminant (subject to any exceptions set forth in any Schedule
referred to herein) as follows:

(a)     DUE ORGANIZATION. The Seller is a limited liability company duly
        organized, validly existing and in good standing under the laws of New
        York. Schedule 4.01(a) hereto contains a list of all jurisdictions in
        which the Seller is authorized or qualified to do business. The Seller
        is in good standing as a foreign corporation in each jurisdiction in
        which it does business and failure to qualify would have a Material
        Adverse Effect. The Seller has delivered to the Purchaser true, complete
        and correct copies of the limited liability company operating agreement
        of the Seller, as amended, restated and supplemented from time to time
        (the "Operating Agreement"). None of the Members are in violation of the
        Operating Agreement. The books of limited liability company proceedings
        of the Seller which have been kept by the Seller have been kept in
        accordance with prudent business practices.

(b)     AUTHORIZATION; VALIDITY. The Seller has all requisite right, power and
        authority to enter into and perform its obligations pursuant to the
        terms of this Agreement and the Transaction Documents to which it is a
        party and the transactions contemplated hereby and thereby. The
        execution and delivery of this Agreement, and the Transaction Documents
        to which it is a party, by the Seller and the performance by the Seller
        of the transactions contemplated herein and therein have been duly and
        validly authorized by all necessary limited liability company action.
        The Members are the sole members of the Seller and hold 100% of the
        outstanding membership interests therein and there have not

                                    25

<PAGE>

        been issued and there are not outstanding any options, puts, calls,
        warrants or rights or other securities of the Seller. This Agreement,
        and the Transaction Documents to which the Seller is a party, are
        legal, valid and binding obligations of the Seller, enforceable in
        accordance with its terms, subject to (i) bankruptcy, insolvency,
        reorganization, moratorium or other laws affecting creditors' rights
        generally and (ii) general principles of equity (regardless of
        whether such principles of equity are asserted in an action or
        proceeding at law or in equity) or the discretion of the court before
        which any action or proceeding may be brought.

(c)     NO CONFLICTS; CONSENTS.

     (i) The execution, delivery and performance of this Agreement, and the
         Transaction Documents to which the Seller is a party and the
         consummation of the transactions contemplated hereby and thereby, and
         the fulfillment of the terms hereof and thereof: (A) will not result in
         a violation or breach of the Operating Agreement or any other
         organizational document of the Seller and (B) subject to the matters
         referred to in clause (ii) of this Section 4.01(c) below, will not
         result in a violation or breach of (or give rise to any right of
         termination, revocation, cancellation or acceleration under or
         increased payments under), or constitute a default (with or without due
         notice or lapse of time or both) under, or result in the creation of
         any mortgage, lien, charge, security interest or encumbrance of any
         kind (a "Lien") other than a Permitted Lien, upon any of the properties
         or assets of the Seller under (1) any of the terms, conditions or
         provisions of any Contract or any license, waiver, exemption, order,
         franchise, permit, concession or governmental authorization (each a
         "Permit") to which the Seller is a party or by which any of it or his
         properties or assets may be bound, or (2) any judgment, order, decree,
         statute, law, regulation or rule applicable to the Seller or its assets
         or properties.

    (ii) Except for consents, approvals, orders, authorizations,
         registrations, declarations or filings as set forth in Schedule
         4.01(c)(ii), no consent, approval, order or authorization of, or
         registration, declaration or filing with, any Person not a party
         hereto, including any government or any court, administrative agency or
         commission or other governmental authority or agency, federal, state or
         local or foreign (a "Governmental Entity"), is required in connection
         with the execution, delivery and performance of this Agreement and any
         Transaction Document by the Seller or the consummation by the Seller of
         the transactions contemplated hereby and thereby.

(d)     [RESERVED]

(e)     FINANCIAL STATEMENTS. Schedule 4.01(e) includes (A) true, complete and
        correct copies of the Seller's unaudited balance sheet as of December
        31, 1999 (the end of its most recent completed fiscal year), and income
        statement for the year ended December 31, 1999 (collectively, the
        "Financials"), (B) true, complete and correct copies of the Seller's
        unaudited balance sheet (the "Interim Balance Sheet") as of March 31,
        2000 (the "Balance Sheet Date") and income statement, for the three
        (3)-month period then ended (collectively, the "Interim Financials"),
        and (C) true, complete and correct copies of the Seller's unaudited
        balance sheet (the "May Balance Sheet") as of May 31, 2000 and income
        statement, for the sixty-one (61) day period then ended (collectively,
        the "May

                                    26

<PAGE>

        Financial Statements," and together with the Financials and the
        Interim Financials, the "Seller Financial Statements"). The Seller
        Financial Statements shall have been prepared in accordance with GAAP
        consistently applied throughout the periods indicated and present
        fairly the results of operation for the periods indicated (except as
        may be indicated in the notes thereto or Schedule 4.01(e)), subject
        to (1) normal year-end audit adjustments, which individually or in
        the aggregate will not be material, (2) the exceptions stated on
        Schedule 4.01(e), and (3) to the omission of footnote information.
        Since the dates of the Seller Financial Statements, there have been
        no material changes in the Seller's accounting policies.

(f)     LIABILITIES AND OBLIGATIONS.The Seller is not liable for or subject to
        any liabilities except for those "Liabilities": (A) reflected on the
        Interim Balance Sheet and not previously paid or discharged; (B) arising
        in the ordinary course of its business consistent with past practice
        under any Contract specifically disclosed on any Schedule to this
        Agreement or not required to be disclosed thereon because such Contract
        is deemed immaterial in accordance with the terms of this Agreement; (C)
        incurred since the Balance Sheet Date in the ordinary course of business
        consistent with past practice, which liabilities are not, individually
        or in the aggregate, material, and (D) set forth on Schedule 4.01(f)(1).
        Schedule 4.01(f)(2) includes a summary description of all plans or
        projects involving the opening of new operations, expansion of any
        existing operations or the acquisition of any property or business, to
        which management of the Seller has made any material expenditure in the
        two-year period prior to the date of this Agreement, which if pursued
        would require additional material expenditures of capital. For purposes
        of this Agreement, the term "Liabilities" shall include without
        limitation any direct or indirect liability, indebtedness, guaranty,
        endorsement, claim, loss, damage, deficiency, cost, expense, obligation
        or responsibility, either accrued, absolute, contingent, mature,
        unmatured or otherwise and whether known or unknown, fixed or unfixed,
        choate or inchoate, liquidated or unliquidated, secured or unsecured.

(g)     BOOKS AND RECORDS. The Seller has made and kept (and has given or will
        give the Purchaser access to) books and records and accounts, which, in
        the case of all financial books, records and accounts, in reasonable
        detail accurately, fairly and completely reflect the activities of the
        Seller. With respect to non-financial books and records, such books and
        records in reasonable detail accurately and fairly reflect the
        activities of the Seller in all material respects and do not omit any
        information regarding any action, event or occurrence that would have a
        Material Adverse Effect on the Business, the Purchased Assets, the
        Assumed Liabilities or the transactions contemplated in this Agreement
        or any Transaction Document. The Seller has not engaged in any
        transaction, maintained any bank account, or used any corporate funds
        except for transactions, bank accounts, and funds which have been and
        are reflected in its normally maintained books and records.

(h)     POWERS OF ATTORNEY. Schedule 4.01(h) sets forth the name of each person,
        corporation, firm or other entity holding a general or special power of
        attorney from the Seller with respect to the Business, the Purchased
        Assets or the Seller's securities and a description of the terms of such
        power. To the knowledge of the Seller, there are no outstanding powers
        of attorney executed on behalf of the Seller relating to the Purchased
        Assets.

                                    27

<PAGE>

(i)     ACCOUNTS AND NOTES RECEIVABLE. Schedule 4.01(i)(1) is a complete and
        accurate list as of May 31, 2000, and Schedule 4.01(i)(2) is a complete
        and accurate list as of a date two days prior to the Closing Date, of
        all Accounts Receivable and notes receivable of the Seller (including
        without limitation receivables from and advances to employees and the
        Members). No claims, or rights of set-off have been asserted, or to the
        knowledge of the Seller, have been threatened, relating to the amount or
        validity of any Accounts Receivable and notes receivable, other than
        rebates and returns in the ordinary course of business.

(j)     PERMITS. There are no Permits necessary to conduct the Business as
        currently being conducted.

(k)     REAL PROPERTY. Schedule 4.01(k) contains an accurate description of all
        real property (including street address, owner, and Seller's use
        thereof) owned and leased by the Seller or its Affiliates used in the
        conduct of the Business. To the knowledge of the Seller no party to any
        lease of the property listed on Schedule 4.01(k) has declared a default
        thereunder. The Seller does not have any information from any Member,
        from the lessor under any lease, or from the lessee under any lease,
        with regard to the real property used in connection with the Business,
        that would lead the Seller to believe that the lessor or lessee under
        any such lease will terminate such lease after the consummation of the
        transactions contemplated by this Agreement

(l)     PERSONAL PROPERTY. The Seller currently owns or leases all personal
        property necessary to conduct the Business as presently conducted.
        Schedule 4.01(l) sets forth a complete and accurate list of all personal
        property included on the Interim Balance Sheet and May Balance Sheet and
        all other personal property owned or leased by the Seller with a current
        book value in excess of FIVE THOUSAND DOLLARS ($5,000), material to the
        operation of the Business of the Seller as of May 31, 2000 and acquired
        since May 31, 2000 to Closing, including an indication as to which
        assets are currently owned or leased, or were formerly owned or leased,
        by the Seller or Affiliates of the Seller or any Member. All material
        equipment of the Seller including those listed on Schedule 4.01(l) is in
        good working order and condition, ordinary wear and tear excepted. All
        leases set forth on Schedule 4.01(l) are in full force and effect and
        constitute valid and binding agreements of the Seller, and the Seller is
        not in breach of any of their respective terms that would have a
        Material Adverse Effect. All personal property owned by the Seller and
        the Seller's interests under any leases of personal property, are held
        free and clear of any Liens other than Permitted Liens.

(m)     INTELLECTUAL PROPERTY. Except as set forth in Schedule 4.01(m) or in
        circumstances under which there would be no Material Adverse Effect on
        the Business or the Purchased Assets:

        (i) the Seller owns, possesses licenses for, or has valid legal rights
            to use, all Intellectual Property as is necessary to conduct the
            Business as currently conducted, free and clear of all Liens other
            than Permitted Liens;

                                    28

<PAGE>

    (ii) to the knowledge of the Seller, no third party has or is
         misappropriating, infringing, diluting or violating any Intellectual
         Property of the Seller;

   (iii) to the knowledge of the Seller, the conduct of the Business as
         currently conducted and the Seller's use of the Purchased Assets does
         not infringe upon any Intellectual Property of any Person;

    (iv) no claim, action or proceeding is pending, or, to the knowledge of
         the Seller, threatened that (A) alleges that the Seller's activities,
         conduct of its Business or use of any Purchased Assets infringes upon,
         misappropriates, violates, dilutes or otherwise constitutes the
         unauthorized use of, the Intellectual Property rights of any Person,
         (B) challenges the ownership, use, validity or enforceability of any
         Contract relating to any Intellectual Property of Seller, or (C)
         challenges or questions the validity or effectiveness of any license,
         instrument or agreement relating to Intellectual Property to which the
         Seller is a party or by which it is bound;

     (v) all material Contracts relating to Intellectual Property to which
         the Seller is a party are in full force and effect in accordance with
         their terms;

    (vi) the Seller has no material obligations to compensate any Person for
         the use of any Intellectual Property nor has the Seller granted to any
         Person any license, option or other rights to use in any manner any
         Intellectual Property of the Seller, whether requiring the payment of
         royalties or not;

   (vii) none of the Intellectual Property owned by the Seller is subject
         to any outstanding order, ruling, decree, judgment or stipulation by or
         with any court, tribunal, arbitrator, or other Governmental Entity that
         could have a Material Adverse Effect on the Seller; and

  (viii) none of the trademarks, trade names, services marks and Internet
         domain names (including logos, designs, company names, business names,
         fictitious names and other Business identifiers) constituting Purchased
         Assets have been registered and no applications for registration have
         been filed, in the United States Patent and Trademark Office or the
         equivalent thereof in any state of the United States or in any foreign
         country.

(n)     CUSTOMERS. Schedule 4.01(n) is a complete and accurate list of all
        customers and clients of the Seller (collectively, the "Customers") as
        of the Closing. None of the Seller's Customers have canceled or
        substantially reduced, or, to the knowledge of the Seller and any
        Member, is currently attempting or threatening to cancel or
        substantially reduce, any Contracts with the Seller. The Seller has
        received no material Customer complaints concerning its products and/or
        services, nor have any of its products or services been the subject of
        any claims except for normal warranty claims. To the extent that the
        Seller is performing services for Customers pursuant to an agreement or
        arrangement that is not a written Contract, neither the Seller nor any
        Member has any information that would lead it to believe that any
        Customer will terminate or materially reduce the level of services
        currently being provided to such Customer by the Seller after

                                    29

<PAGE>

        the consummation of the transactions contemplated by this Agreement.
        The Seller has not notified any Customer of the transactions
        contemplated by this Agreement, except for those Customers that have
        been identified to the Purchaser and Luminant by the Seller as
        Customers with whom the Seller has had discussions regarding the
        transactions contemplated by this Agreement.

(O)     CONTRACTS AND COMMITMENTS.

     (i) Schedule 4.01(o) is a complete and accurate list of all contracts,
         letters, agreements, leases, licenses, obligations, instruments,
         offers, commitments, understandings or other arrangements, notes,
         bonds, mortgages or indentures, written or oral (each a "Contract"), to
         which the Seller is a party or by which it or its properties are bound
         (including without limitation Contracts with Customers, joint venture
         or partnership agreements, Contracts with any labor organizations,
         employment agreements, consulting agreements, loan agreements,
         indemnity or guaranty agreements, bonds, mortgages, options to purchase
         land, liens, pledges or other security agreements, and non-competition
         agreements or other agreements that restrict or limit the Business of
         the Seller) that (A) may give rise to obligations or liabilities, (B)
         generate revenues or income, (C) require the expenditure of revenues or
         income, or (D) to which any Seller or Affiliate is a party or the
         Seller or Affiliate is a party or any officer or employee of the Seller
         is a party as of May 31, 2000 and entered into since May 31, 2000. The
         Seller has delivered to the Purchaser true and complete copies of all
         written Contracts.

    (ii) The Seller has complied with all of its commitments and obligations
         and is not in default under any of the Contracts.

   (iii) Except as set forth in Schedule 4.01(o), all of the Contracts were
         negotiated at arm's length with third parties not affiliated with the
         Seller, any Member or any officer or employee of the Seller.

    (iv) Each written Contract is legal, valid, binding and enforceable and
         is in full force and effect in accordance with its terms.

     (v) Except as set forth on Schedule 4.01(c)(ii), neither the Seller nor
         any Member has any information that would lead it to believe that as a
         result of the consummation of the transactions contemplated hereby (A)
         any Contract constituting a Purchased Asset will be cancelable pursuant
         to the terms thereof by the other party thereto, or (B) the terms of
         such Contract or obligations of any party thereto will change in a way
         materially adverse to Luminant or any of its Subsidiaries. To the
         knowledge of the Seller and the Members, no other party to any Contract
         constituting a Purchased Asset is in material default thereunder, or no
         notice of default has been received by the Seller or any Member.

    (vi) Except as set forth on Schedule 4.01(o), to the Seller's knowledge,
         none of the Contracts being acquired by the Purchaser as Purchased
         Assets have been awarded to the Seller on the basis of the Seller being
         a "women's business enterprise" ("WBE") or "woman-owned business
         concern" as defined in 48 C.F.R. Section 52.204-5, or a "minority

                                    30

<PAGE>

         business enterprise" ("MBE") or "minority-owned business concern" as
         defined in 48 C.F.R. Section 52.219-8. To the knowledge of the Seller
         and the Members none of such Contracts will be cancelable pursuant to
         the terms thereof by the other party thereto because neither the
         Purchaser nor Luminant with qualify as a WBE or MBE.

   (vii) As to each Contract with a Customer in progress that has not been
         completed (the "Contracts in Progress") as of the date of this
         Agreement, Schedule 4.01(o) sets forth as of the date of this Agreement
         the status of completion of each Contract in Progress.

(p)     GOVERNMENT CONTRACTS. The Seller is not a party to any government
        contracts.

(q)     INSURANCE. Schedule 4.01(q) sets forth a true and complete list, as of
        May 31, 2000 and since May 31, 2000, of all insurance policies carried
        by the Seller and its Affiliates relating to the Business and all
        insurance loss runs or workmen's compensation claims received for the
        past two (2) policy years. The Seller has delivered to the Purchaser
        true and complete copies of all current insurance policies, all of which
        are in full force and effect. All premiums payable under all such
        policies have been paid and the Seller is otherwise in full compliance
        with the terms of such policies (or other policies providing
        substantially similar insurance coverage). To the knowledge of the
        Seller and any Member, there have been no threatened terminations of, or
        material premium increases with respect to, any of such policies.

(r)     [RESERVED]

(s)     NEW YORK LAWS.The Seller has taken all action, if any, required to be
        taken by it to comply with any New York take-over law or bulk sales act.

(t)     LABOR AND EMPLOYMENT MATTERS. With respect to the members, officers and
        employees of, and consultants and service providers to, the Seller:

     (i) the Seller is and has been in compliance in all material respects
         with all applicable laws respecting employment and employment
         practices, terms and conditions of employment and wages and hours,
         including without limitation any such laws respecting employment
         discrimination, workers' compensation, family and medical leave, the
         Immigration Reform and Control Act, and occupational safety and health
         requirements, and has not and is not engaged in any unfair labor
         practice;

    (ii) there is not now, nor within the past two (2) years has there been,
         any unfair labor practice complaint against the Seller pending or, to
         the knowledge of the Seller or the Members, threatened before the
         National Labor Relations Board or any other comparable authority;

   (iii) there is not now, nor within the past two (2) years has there
         been, any labor strike, slowdown or stoppage actually pending or, to
         the knowledge of the Seller or the Members, threatened against or
         directly affecting the Seller;

    (iv) the employees of the Seller are not and have never been represented
         by any labor union, and no collective bargaining agreement is binding
         and in force against the Seller or

                                    31

<PAGE>

         currently being negotiated by the Seller and to the knowledge of the
         Seller or the Members, no labor representation organization effort
         exists nor has there been any such activity within the past two (2)
         years; and

     (v) all persons classified by the Seller as independent contractors do
         satisfy and have satisfied the requirements of law to be so classified.

(U)     EMPLOYEE BENEFIT PLANS AND RELATED MATTERS; ERISA.

     (i) Schedule 4.01(u)(i) contains a complete and accurate list of all
         Benefit Plans and Benefit Arrangements. Schedule 4.01(u)(i)
         specifically identifies all Benefit Plans (if any) that are Qualified
         Plans.

    (ii) With respect, as applicable, to Benefit Plans and Benefit
         Arrangements:

      1)   the Seller has made available true, correct, and complete copies of
           the following documents with respect to all Benefit Plans and Benefit
           Arrangements to the Purchaser: (1) all current plan or arrangement
           documents and amendments to each; (2) the most recent Forms 5500 or
           5500C/R and any attached financial statements and related actuarial
           reports; (3) the last Internal Revenue Service ("IRS") determination
           letter that covered the qualification of the entire plan; (4) summary
           plan descriptions and summaries of material modifications, and any
           prospectuses that describe the Benefit Arrangements or Benefit Plans;
           (5) employee manuals or handbooks containing personnel or employee
           relations policies; (6) the most recent quarterly listing of workers'
           compensation claims and a schedule of workers' compensation claims of
           the Seller for the last three (3) fiscal years; and (7) any other
           documents the Purchaser has reasonably requested;

      2)   to the knowledge of the Seller, the Qualified Plans qualify under
           Section 401(a) of the Code; each Benefit Plan and Benefit Arrangement
           has been maintained in material compliance with its constituent
           documents and with all applicable provisions of domestic and foreign
           laws, including federal and state securities laws and any reporting
           and disclosure requirements; with respect to each Benefit Plan, no
           transactions prohibited by Code Section 4975 or ERISA Section 406 and
           no breaches of fiduciary duty described in ERISA Section 404 have
           occurred, except to the extent that such transaction or breach would
           not have a Material Adverse Effect on the Seller; and, to the
           knowledge of the Seller or the Members, no such transaction or breach
           has occurred;

      3)   there are no pending claims (other than routine benefit claims) or
           lawsuits that have been asserted or instituted by, against, or
           relating to, any Benefit Plan or Benefit Arrangements, nor, to the
           knowledge of the Seller, is there any basis for any such claim or
           lawsuit. No Benefit Plans or Benefit Arrangements are or have been
           under audit or examination (nor has notice been received of a
           potential audit or examination) by any domestic or foreign
           governmental agency or entity, and no matters are pending with
           respect to any Benefit Plan under the IRS's Employee Plans Compliance
           Resolutions System or any successor or predecessor program;

                                    32

<PAGE>

      4)   no Benefit Plan or Benefit Arrangement contains any provision or is
           subject to any law that would accelerate or vest any benefit or
           require severance, termination or other payments or trigger any
           liabilities as a result of the transactions this Agreement
           contemplates; no Related Employer has declared or paid any bonus or
           incentive compensation contingent upon the transactions this
           Agreement contemplates;

      5)   all Benefit Plans and Benefit Arrangements materially comply with the
           requirements of Part 6 of Title I of ERISA ("COBRA"), Code Section
           5000, and the Health Insurance Portability and Accountability Act;
           the Related Employers have no liability under or with respect to
           COBRA for their own actions or omissions or those of any predecessor;
           no employee or former employee (or beneficiary of either) of a
           Related Employer is entitled to receive any benefits, including,
           without limitation, death or medical benefits (whether or not
           insured) beyond retirement or other termination of employment, other
           than as applicable law requires;

      6)   no liability under Title IV of ERISA has been incurred by the Seller
           or any ERISA Affiliate that has not been satisfied in full, and no
           condition exists that presents a material risk to the Seller or any
           ERISA Affiliate of incurring any liability under such Title; and

      7)   neither the Seller nor any ERISA Affiliate maintains or has ever
           maintained any Benefit Plan covered by Section 302 of ERISA or
           Section 412 of the Code.

   (iii) Schedule 4.01(u)(iii) sets forth an accurate list with respect to
         each officer and employee of the Seller as of the date hereof
         (excluding the Members), whether employed pursuant to a written
         employment agreement or otherwise, of the rate of compensation (and the
         portions thereof attributable to salary, bonus, and other compensation
         respectively).

    (iv) The Seller has authorized the termination of its Qualified Plan
         under Section 401(a) of the Code.

(V)     TAXES.

     (i) (A) All material Tax Returns required to be filed by or on behalf of
         the Seller (taking into account valid extensions) have been filed; (B)
         all such Tax Returns filed are complete and accurate in all material
         respects, and all Taxes owed by or with respect to the Seller (whether
         or not shown to be due on such Tax Returns) have been paid unless such
         Taxes are not yet due and payable; and (C) no written claim (other than
         a claim that has been finally settled) has been made by a taxing
         authority that the Seller is subject to an obligation to file Tax
         Returns or to pay or collect Taxes imposed by any jurisdiction in which
         such entity does not file Tax Returns or pay or collect Taxes. As used
         in this Agreement, "Taxes" shall include all federal, state, local
         and foreign income, franchise, property, gross receipts, withholding,
         sales, use, excise and other taxes, tariffs or governmental charges
         of any nature whatsoever, including interest and penalties, and
         additions thereto; and "Tax Returns" shall mean all federal, state,
         local

                                    33
<PAGE>

         and foreign tax returns, declarations, statements, reports, schedules,
         forms and information returns relating to Taxes and any amendment
         thereof.

    (ii) The Seller has duly and timely withheld all Taxes required to be
         withheld in connection with its Business and the Purchased Assets, and
         such withheld Taxes have been either duly and timely paid to the proper
         governmental authorities or properly set aside in accounts for such
         purpose.

   (iii) The Seller is not a party to or bound by or has any obligation
         under any Tax allocation, sharing, indemnification or similar agreement
         or arrangement; the Seller is not or has not been at any time a member
         of any group of companies filing a consolidated, combined or unitary
         income tax return; and the Seller does not have any liability for Taxes
         of another Person as successor or transferee.

    (iv) The Seller is not currently under audit by any taxing authority and
         the Seller has made available to the Purchaser and Luminant correct and
         complete copies of all income Tax Returns, examination reports and
         statements of deficiencies assessed against or agreed to by the Seller
         since January 1, 1999.

     (v) There are (and as of immediately following the Closing there will
         be) no Liens, except for Permitted Liens, on the Purchased Assets or
         the Business relating to or attributable to Taxes.

    (vi) None of the Purchased Assets are treated as "tax exempt use
         property" within the meaning of Section 168(h) of the Code.

   (vii) None of the Assumed Liabilities is an obligation, Contract,
         agreement, plan or arrangement, including but not limited to the
         provisions of this Agreement, covering any employee or former employee
         of the Seller, individually or collectively, by which the Purchaser
         will be bound or will otherwise be obligated to make payment of any
         amount (or portion thereof) that would not be deductible pursuant to
         Sections 280G, 404 or 162 of the Code.

  (viii) The Seller has been treated as a partnership for U.S. federal
         income tax purposes at all times since its formation on January 1,
         1999, and up to and including the Closing Date. No Person has ever
         elected that the Seller be treated as an association for federal income
         tax purposes under Treasury Regulation Section 301.7701-3.

(w)     CONFORMITY WITH LAW; LITIGATION. To the knowledge of the Seller, it has
        not violated any law or regulation or any order of any court or federal,
        state, municipal or other Governmental Entity having jurisdiction over
        it that would have a Material Adverse Effect. Except as set forth on
        Schedule 4.01(w), there are no claims, actions, suits or proceedings,
        pending or, to the knowledge of the Seller and the Members, threatened
        against or affecting the Seller at law or in equity, or before or by any
        Governmental Entity having jurisdiction over it and no notice of any
        claim, action, suit or proceeding, whether pending or threatened, has
        been received. There are no judgments, orders, injunctions, decrees,
        stipulations or awards (whether rendered by a court or administrative
        agency or by arbitration) against the Seller or against the Purchased
        Assets

                                    34

<PAGE>

        or Business. The Seller has not, at any time, been convicted of any
        crimes, filed for bankruptcy protection or reorganization, or engaged
        in criminal acts involving fraud, dishonesty or acts of gross
        negligence. No action, suit, claim or proceeding is pending or, to
        the knowledge of the Seller threatened, which seeks to enjoin or
        prohibit the transactions contemplated by this Agreement or any
        Transaction Document.

(x)     NO IMPROPER PAYMENTS. Neither the Seller nor any agent of the Seller,
        nor, any Person associated with or acting for or on behalf of the
        Seller, has directly or indirectly (a) made any contribution, gift,
        bribe, rebate, payoff, influence payment, kickback, or other payment to
        any person or entity, private or public, regardless of what form,
        whether in money, property, or services (i) to obtain favorable
        treatment for business secured, (ii) to pay for favorable treatment for
        business secured, (iii) to obtain special concessions or for special
        concessions already obtained, or (iv) in violation of any legal
        requirement, or (b) established or maintained any fund or asset that has
        not been recorded in the books or records of the Seller. To the
        knowledge of the Seller and the Members, all of its agents, consultants
        and employees are in full compliance with the Foreign Corrupt Practices
        Act of 1977, CODIFIED AS AMENDED at 15 U.S.C. Sections 78m(b)(2),
       78dd-1, 78dd-2, and 78ff(c).

(y)     [RESERVED]

(z)     ABSENCE OF CHANGES. Since the Balance Sheet Date, the Seller has
        conducted its Business in the ordinary course and except as contemplated
        herein or as set forth on Schedule 4.01(z), there has not been:

     (i) any change in the Business or Purchased Assets that, by itself or
         together with other changes, has had or would have a Material Adverse
         Effect;

    (ii) any damage, destruction or loss (whether or not covered by
         insurance) with respect to the Business or Purchased Assets that has
         had or would have a Material Adverse Effect;

   (iii) any increase in the compensation, bonus, accrued or earned bonus,
         sales commissions or fee arrangements payable or to become payable by
         the Seller to any of its officers, members, employees, consultants or
         agents, nor has the Seller entered into or amended any Benefit
         Arrangement, Benefit Plan, employment, severance or other agreement
         relating to compensation or fringe benefits;

    (iv) any work interruptions, labor grievances or claims filed, or any
         similar event or condition of any character that has had or would have
         a Material Adverse Effect;

     (v) any sale or transfer, or any agreement to sell or transfer, any
         material assets, property or rights of the Seller to any Person,
         including without limitation the Members and their Affiliates;

    (vi) any cancellation of, or agreement to cancel, any indebtedness, any
         other obligation owing to the Seller, including without limitation any
         indebtedness or obligation of any Member or any Affiliate thereof,
         PROVIDED that the Seller may negotiate and adjust bills in the course
         of good faith disputes with Customers in a manner consistent with past
         practice and in the ordinary course of business;

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<PAGE>

   (vii) any plan, agreement or arrangement granting any preferential
         rights to purchase or acquire any interest in any of the assets,
         property or rights of the Seller or requiring consent of any Person to
         the transfer and assignment of any such assets, property or rights;

  (viii) any purchase or acquisition of, or agreement, plan or arrangement
         to purchase or acquire, any property, rights or assets outside of the
         ordinary course of business of the Seller;

    (ix) any waiver of any material rights or claims of the Seller;

     (x) any breach, amendment or termination of any material Contract or
         other right to which the Seller is a party;

    (xi) any transaction by the Seller outside the ordinary course of
         business;

   (xii) any capital commitment by the Seller, either individually or in
         the aggregate, exceeding FIVE THOUSAND DOLLARS ($5,000);

  (xiii) any change in accounting methods or practices (including any
         change in depreciation or amortization policies or rates) by the Seller
         or the revaluation by the Seller of any of its assets other than
         changes in Tax accounting methods or practices required by law;

   (xiv) any creation or assumption by the Seller of any mortgage, pledge,
         security interest or lien or other encumbrance on any asset (other than
         Permitted Liens);

    (xv) any entry into, amendment of, relinquishment, termination or non-
         renewal by the Seller of any contract, lease transaction, commitment or
         other right or obligation requiring aggregate payments by the Seller in
         excess of FIVE THOUSAND DOLLARS ($5,000);

   (xvi) any loan by the Seller to any Person, any incurring by the Seller
         of any secured indebtedness, any incurring of any other unsecured
         indebtedness other than in the ordinary course of business and
         immaterial in amount, any guaranteeing by the Seller of any
         indebtedness, any issuance or sale of any debt securities of the Seller
         or any guaranteeing of any debt securities of others;

  (xvii) the commencement or notice or, to the knowledge of the Seller,
         threat of commencement of any lawsuit or proceeding against or
         investigation of the Seller or any of its affairs; or

  (xviii)negotiation or agreement by the Seller, the Members or any
         officer or employee thereof to do any of the things described in the
         preceding clauses (i) through (xvii) (other than negotiations with the
         Purchaser and its representatives regarding the transactions
         contemplated by this Agreement).

(aa)    DISCLOSURE. The Seller has delivered to the Purchaser true and complete
        copies of each written Contract applicable to the Business. The
        Schedules hereto prepared by the Seller

                                    36

<PAGE>

        and delivered to the Purchaser and Luminant are complete and accurate
        in all material respects.

(bb)    SUBSIDIARIES. The Business of the Seller is not conducted through any
        Subsidiary and the Seller has no Subsidiaries and does not presently
        own, of record or beneficially, or control, directly or indirectly, any
        capital stock, securities convertible into capital stock or any other
        equity interest in any Person, nor is the Seller, directly or
        indirectly, a participant in any joint venture, partnership or other
        noncorporate entity related in any manner to the business of the Seller
        and the Purchased Assets.

(cc)    CERTAIN BUSINESS RELATIONSHIPS WITH AFFILIATES. Except as set forth on
        Schedule 4.01(cc), no Member (A) owns any property or right, tangible or
        intangible, which is used in the Business or (B) has any claim or cause
        of action against the Seller in connection with the Business.

(dd)    TITLE TO PURCHASED ASSETS.  With respect to the Purchased Assets:

     (i) the Seller is the true and lawful owner of, and has good title to,
         all of the Purchased Assets, free and clear of all Liens other than
         Permitted Liens;

    (ii) upon execution and delivery by the Seller to the Purchaser of the
         instruments of conveyance referred to in Section 6.01(f), the Purchaser
         will become the true and lawful owner of, and will receive good title
         to, the Purchased Assets, free and clear of all Liens other than
         Permitted Liens;

   (iii) the Purchased Assets are reasonably adequate for the conduct of
         the Business as presently conducted. The Purchased Assets set forth on
         Schedule 2.02 comprise all of the equipment used in connection with the
         Business as presently conducted; and

    (iv) none of the Purchased Assets constitutes a fixture, and the removal
         thereof will not constitute a default or trigger any additional
         liability under any lease or sublease to which the Seller or any Member
         is a party.

(ee)    PREDECESSOR STATUS; ETC. Schedule 4.01(ee) sets forth a true and
        complete list of all legal names, trade names, fictitious names or other
        names (including, without limitation, any names of divisions or
        operations) of the Seller and all its predecessor companies during the
        five-year period immediately preceding the Closing, including without
        limitation the names of any entities from whom the Seller has acquired
        material assets. During the five-year period immediately preceding the
        Closing, the Seller has operated only under the names set forth on
        Schedule 4.01(ee) in the jurisdiction or jurisdictions set forth on
        Schedule 4.01(ee) and has not been a subsidiary or division of another
        corporation or a part of an acquisition which was later rescinded.

(ff)    LOCATION OF CHIEF EXECUTIVE OFFICE(S); PURCHASED ASSETS. Schedule
        4.01(ff) sets forth the location of the Seller's chief executive offices
        and the location of all Purchased Assets held on the date hereof by the
        Seller.

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<PAGE>

(gg)    PERSONNEL TURNOVER.  Since January 1, 1999, three(3) people who were
        employees of the Seller have stopped being employed by for the Seller.
        Since January 1, 2000, no other Person employed by the Seller on such
        date has stopped being employed by the Seller.

(hh)    AFFILIATE AGREEMENTS.  The Members are the only persons who are, in the
        reasonable judgment of the Seller, Affiliates of the Seller within the
        meaning of Rule 145 promulgated under the Securities Act.

Section 4.02 REPRESENTATIONS AND WARRANTIES OF THE MEMBERS. To induce the
Purchaser and Luminant to enter into this Agreement and to consummate the
transactions contemplated hereby, each Member severally and not jointly
represents and warrants to the Purchaser and Luminant (subject to any exceptions
set forth in any Schedule referred to herein) as follows:

(a)     AUTHORIZATION; VALIDITY. Such Member has the sole authority to vote his
        membership interests in the Seller to approve the execution and delivery
        of this Agreement and approval of the transactions contemplated herein
        and the transactions contemplated in the Transaction Documents to which
        the Seller is a party. Such Member has the full legal right and
        authority to enter into this Agreement and the Transaction Documents to
        which such Member is a party and the transactions contemplated hereby
        and thereby. The execution and delivery of this Agreement, and the
        Transaction Documents to which he is a party, by such Member and the
        performance by such Member of the transactions contemplated herein and
        therein have been duly and validly authorized by such Member. This
        Agreement, and the Transaction Documents to which such Member is a
        party, are legal, valid and binding obligations of such Member
        enforceable in accordance with its terms, subject to (i) bankruptcy,
        insolvency, reorganization, moratorium o other laws affecting creditors'
        rights generally and (ii) general principles of equity (regardless of
        whether such principles of equity are asserted in an action or
        proceeding at law or in equity) or the discretion of the court before
        which any action or proceeding may be brought.

(b)     NO CONFLICTS; CONSENTS. The execution, delivery and performance of this
        Agreement, and the Transaction Documents to which such Member is a party
        and the consummation of the transactions contemplated hereby and
        thereby, and the fulfillment of the terms hereof and thereof:

        (i)   (A) will not result in a violation or breach of the Operating
              Agreement or any other organizational document of the Seller and
              (B) will not result in a violation or breach of (or give rise to
              any right of termination, revocation, cancellation or acceleration
              under or increased payments under), or constitute a default (with
              or without due notice or lapse of time or both) under, or result
              in the creation of any Lien other than a Permitted Lien, upon any
              of the properties or assets of such Member under (1) any of the
              terms, conditions or provisions of any Contract to which such
              Member is a party, or (2) any judgment, order, decree, statute,
              law, regulation or rule applicable to such Member.

                                      38
<PAGE>

        (ii)  To the knowledge of such Member, no consent, approval, order or
              authorization of, or registration, declaration or filing with, any
              Person not a party hereto, including any government or any court,
              administrative agency or commission or Governmental Entity, is
              required with respect to the execution and delivery of this
              Agreement and any Transaction Document to which it or he is or
              will be a party or the consummation by such Member of the
              transactions contemplated hereby and thereby.

(c)     POWERS OF ATTORNEY. Schedule 4.02(c) sets forth the name of each person,
        corporation, firm or other entity holding a general or special power of
        attorney from a Member with respect to the Business, the Purchased
        Assets or securities of the Seller (including, but not limited to, any
        pledge of, agreement to transfer, option to acquire, or to vote, a
        Member's membership interest in the Seller). To the knowledge of such
        Member, there are no outstanding powers of attorney executed on behalf
        of any Member relating to the Purchased Assets.

(d)     BROKERS AND FINDERS. Such Member does not have any liability or
        obligation to pay any fees or commissions to any broker, finder or agent
        with respect to the transactions contemplated by this Agreement.

(e)     LITIGATION. Such Member has not, at any time, been convicted of any
        crimes (except for minor traffic violations), filed for personal
        bankruptcy or been the officer or director of an entity that has filed
        for bankruptcy, or engaged in criminal acts involving fraud, dishonesty,
        acts of gross negligence or moral turpitude. To the knowledge of such
        Member no action, suit, claim or proceeding is pending or threatened
        which seeks to enjoin or prohibit the transactions contemplated by this
        Agreement or any Transaction Documents.

(f)     CUSTOMERS; CONTRACTS. Such Member does not have any information that
        would lead him to believe that any Customer will terminate or materially
        reduce the level of services currently being provided to such Customer
        by the Seller after the consummation of the transactions contemplated by
        this Agreement. Except as set forth on Schedule 4.01(c)(ii), such Member
        has no information that would lead it to believe that as a result of the
        consummation of the transactions contemplated hereby (A) any Contract
        constituting a Purchased Asset will be cancelable pursuant to the terms
        thereof by the other party thereto, or (B) the terms of such Contract or
        obligations of any party thereto will change in a way materially adverse
        to Luminant or any of its Subsidiaries. To the knowledge of such Member,
        no other party to any Contract constituting a Purchased Asset is in
        material default thereunder, or no notice of default has been received
        by such Member.

Section 4.03 REPRESENTATIONS AND WARRANTIES OF THE SELLER AND THE MEMBERS TO
LUMINANT. The Seller (as to the Seller) and each Member (as to such Member only)
severally and not jointly represents and warrants to Luminant as follows:

(a)     SECURITIES LAW REPRESENTATIONS. The Seller and such Member (A) has such
        knowledge, sophistication and experience in business and financial
        matters that the Seller and such Member is capable of evaluating the
        merits and risks of an investment in the

                                      39
<PAGE>

        Shares, (B) is acquiring the Shares for investment only and not with
        a view to resale and distribution and has not entered into any
        contract, undertaking, agreement or arrangement, written or oral,
        with any other Person to sell, transfer or grant participation in any
        Shares, except for the Collar, (C) has not been offered the Shares
        through advertising or general solicitation, (D) fully understands
        the nature, scope, and duration of the limitations on transfer
        contained herein and under the Securities Act including Rule 144 and
        Rule 145 promulgated thereunder, and (E) can bear the economic risk
        of any investment in the Shares and can afford a complete loss of
        such investment. The Seller and such Member has had an adequate
        opportunity to ask questions and receive answers (and has asked such
        questions and received answers to its satisfaction) from the officers
        of Luminant and the Purchaser concerning the business, operations and
        financial condition of Luminant and the Purchaser.

(b)     NO PROSPECTUS.The Seller and such Member acknowledges and agrees that
        neither the Purchaser nor Luminant has or will provide the Seller or the
        Members with a prospectus for the Seller's and the Members use in
        selling Shares, except as specifically provided herein.

(C)     INVESTOR QUESTIONNAIRES. The Seller and such Member is an accredited
        investor within the definition of accredited investor under Rule 501(a)
        of Regulation D promulgated under the Securities Act. The Seller and
        such Member has completed, executed and delivered an Investor
        Questionnaire in the form attached hereto as Exhibit D and all
        information therein is accurate and complete.

(D)     RESIDENCY; TAXPAYER. Such Member is a citizen of the United States and a
        resident of the state set forth opposite his name on Schedule 2.06. Such
        Member is a U.S. taxpayer.

Section 4.04 REPRESENTATIONS AND WARRANTIES OF THE PURCHASER. To induce the
Seller and the Members to enter into this Agreement and consummate the
transactions contemplated hereby, the Purchaser represents and warrants to the
Seller and the Members (subject to any exceptions set forth in any Schedule
referred to herein) as follows:

(a)     DUE ORGANIZATION. The Purchaser is duly organized, validly existing and
        in good standing under the laws of the State of New York. The Purchaser
        is in good standing as a foreign corporation in each jurisdiction in
        which it does business and failure to qualify would have a Material
        Adverse Effect.

(b)     AUTHORIZATION; VALIDITY. The Purchaser has all requisite right, power
        and authority to enter into and perform its obligations pursuant to the
        terms of this Agreement and the Transaction Documents to which it is a
        party and the transactions contemplated hereby and thereby. The
        execution and delivery of this Agreement, and the Transaction Documents
        to which it is a party, by the Purchaser and the performance by the
        Purchaser of the transactions contemplated herein and therein have been
        duly and validly authorized by all necessary corporate action. This
        Agreement, and the Transaction Documents to which the Purchaser is a
        party, are legal, valid and binding obligations of the Purchaser
        enforceable in accordance with its terms, subject to (i) bankruptcy,
        insolvency,

                                      40
<PAGE>

        reorganization, moratorium or other laws affecting creditors' rights
        generally and (ii) general principles of equity (regardless of
        whether such principles of equity are asserted in an action or
        proceeding at law or in equity) or the discretion of the court before
        which any action or proceeding may be brought.

(c)     NO CONFLICTS; CONSENTS. The execution, delivery and performance of this
        Agreement, and the Transaction Documents to which the Purchaser is a
        party, the consummation of the transactions contemplated hereby and
        thereby, and the fulfillment of the terms hereof and thereof:

        (i)  (A) will not result in a violation or breach of the certificate of
             incorporation or by-laws of the Purchaser and (B) will not result
             in a violation or breach of (or give rise to any right of
             termination, revocation, cancellation or acceleration under or
             increased payments under), or constitute a default (with or without
             due notice or lapse of time or both) under, (1) any of the terms,
             conditions or provisions of any Contract or Permit to which the
             Purchaser is a party or by which any of its properties or assets
             may be bound, or (2) any judgment, order, decree, statute, law,
             regulation or rule applicable to the Purchaser.

        (ii) No consent, approval, order or authorization of, or registration,
             declaration or filing with, any Person not a party hereto,
             including any Governmental Entity, is required in connection with
             the execution, delivery and performance by the Purchaser of this
             Agreement and any Transaction Document to which it is a party or
             the consummation by the Purchaser of the transactions contemplated
             hereby and thereby.

(d)     BROKERS AND FINDERS. The Purchaser has no liability or obligation to pay
        any fees or commissions to any broker, finder or agent with respect to
        the transactions contemplated by this Agreement.

(e)     DISCLOSURE. All Schedules hereto prepared by the Purchaser and delivered
        to the Seller are accurate and complete in all material respects; and
        copies of all documents delivered by the Purchaser in connection with
        the transactions contemplated herein are complete copies of such
        documents.

Section 4.05 REPRESENTATIONS AND WARRANTIES OF LUMINANT. To induce the Seller
and the Members to enter into this Agreement and consummate the transactions
contemplated hereby, Luminant represents and warrants to the Seller and the
Members (subject to any exceptions set forth in any Schedule referred to
herein or the applicable subsection of this Section 4.05), as follows:

(a)     DUE ORGANIZATION. Luminant is duly organized, validly existing and in
        good standing under the laws of the State of Delaware. Luminant is in
        good standing as a foreign corporation in each jurisdiction in which it
        does business and failure to qualify would have a Material Adverse
        Effect.

(b)     AUTHORIZATION; VALIDITY. Luminant has all requisite right, power and
        authority to enter into and perform its obligations pursuant to the
        terms of this Agreement and the Transaction Documents to which it is a
        party and the transactions contemplated hereby

                                      41
<PAGE>

        and thereby. The execution and delivery of this Agreement, and the
        Transaction Documents to which it is a party, by Luminant and the
        performance by Luminant of the transactions contemplated herein and
        therein have been duly and validly authorized by all necessary
        corporate action. This Agreement, and the Transaction Documents to
        which Luminant is a party, are legal, valid and binding obligations
        of Luminant enforceable in accordance with its terms, subject to (i)
        bankruptcy, insolvency, reorganization, moratorium or other laws
        affecting creditors' rights generally and (ii) general principles of
        equity (regardless of whether such principles of equity are asserted
        in an action or proceeding at law or in equity) or the discretion of
        the court before which any action or proceeding may be brought.

(c)     NO CONFLICTS; CONSENTS. The execution, delivery and performance of this
        Agreement, and the Transaction Documents to which Luminant is a party,
        the consummation of the transactions contemplated hereby and thereby,
        and the fulfillment of the terms hereof and thereof:

        (i)   (A) will not result in a violation or breach of the certificate of
              incorporation or by-laws of Luminant and (B) will not result in a
              violation or breach of (or give rise to any right of termination,
              revocation, cancellation or acceleration under or increased
              payments under), or constitute a default (with or without due
              notice or lapse of time or both) under (1) any of the terms,
              conditions or provisions of any Contract or Permit to which
              Luminant is a party or by which any of its properties or assets
              may be bound, or (2) any judgment, order, decree, statute, law,
              regulation or rule applicable to Luminant.

        (ii)  No consent, approval, order or authorization of, or registration,
              declaration or filing with, any Person not a party hereto,
              including any Governmental Entity, is required in connection with
              the execution, delivery and performance by the Purchaser of this
              Agreement and any Transaction Document to which it is a party or
              the consummation by Luminant of the transactions contemplated
              hereby and thereby.

(d)     SHARES.The Shares to be delivered pursuant to this Agreement to the
        Seller or the Members, as the case may be, will be duly authorized, and
        upon receipt of payment therefore in accordance with the terms hereof,
        upon delivery will be validly issued, fully paid and nonassessable.

(e)     BROKERS AND FINDERS. Luminant has no liability or obligation to pay any
        fees or commissions to any broker, finder or agent with respect to the
        transactions contemplated by this Agreement.

(f)     SEC FILINGS. Luminant has timely filed all reports, schedules, forms,
        statements and other documents required to be filed by it with the SEC
        under the Securities Act and the Exchange Act since September 21, 1999
        and up to the date hereof and it will file all such documents required
        to be filed before the Closing (the "Filed Luminant SEC Documents"). As
        of its filing date, each Filed Luminant SEC Document filed, as amended
        or supplemented, if applicable, (I) complied in all respects with the
        applicable requirements of the Securities Act or the Exchange Act, as
        applicable, and the rules and regulations thereunder and (II) did not,
        at the time it was filed, contain any untrue

                                      42
<PAGE>

        statement of a material fact or omit to state any material fact
        required to be stated therein or necessary to make the statements
        therein, in light of the circumstances under which they were made,
        not misleading.

(g)     FINANCIAL STATEMENTS. Each of the consolidated financial statements
        (including, in each case, any related notes and schedules) contained or
        to be contained in the Filed Luminant SEC Documents (I) complies as to
        form in all material respects with applicable accounting requirements
        and the published rules and regulations of the SEC with respect thereto,
        (II) was prepared in accordance with GAAP applied on a consistent basis
        throughout the periods indicated (except as may be indicated in the
        notes to such financial statements or, in the case of unaudited
        statements, as permitted by the SEC on Form 10-Q under the Exchange Act)
        and (III) fairly presents the consolidated financial position of
        Luminant and its Subsidiaries as of the respective dates thereof and the
        consolidated results of its operations, stockholders' equity and cash
        flows, in each case for the respective periods indicated, consistent
        with the books and records of Luminant and its Subsidiaries, except that
        the unaudited interim financial statements are subject to normal
        year-end adjustments which are not expected to be material in amount.

(h)     LIABILITIES AND OBLIGATIONS. Except (I) as discussed in the Filed
        Luminant SEC Documents, and (II) for normal and recurring liabilities
        incurred since the date of the latest Balance Sheet included in the
        Filed Luminant SEC Documents in the ordinary course of business (which
        shall include borrowings under Luminant's credit facility), Luminant and
        its Subsidiaries do not have any liabilities which would have a Material
        Adverse Effect on Luminant and the Subsidiaries, taken as a whole.

(i)     ABSENCE OF CERTAIN EVENTS AND CHANGES. Except as otherwise contemplated
        by this Agreement or any Transaction Documents or as set forth in its
        Filed Luminant SEC Documents, since March 31, 2000 Luminant has no
        knowledge of any event, change or development which would have a
        Material Adverse Effect on Luminant and its Subsidiaries, taken as a
        whole.

(j)     CONFORMITY WITH LAW; LITIGATION. To the knowledge of Luminant and except
        as set forth in its Filed Luminant SEC Documents, neither it nor any of
        its Subsidiaries has violated any law or regulation or any order of any
        court or federal, state, municipal or other Governmental Entity having
        jurisdiction over it that would have a Material Adverse Effect. Except
        as disclosed in the Filed Luminant SEC Documents, there are no claims,
        actions, suits or proceedings, pending or, to the knowledge of Luminant,
        threatened against or affecting Luminant at law or in equity, or before
        or by any Governmental Entity having jurisdiction over it and no notice
        of any claim, action, suit or proceeding, whether pending or threatened,
        has been received. Except as disclosed in the Filed Luminant SEC
        Documents, there are no judgments, orders, injunctions, decrees,
        stipulations or awards (whether rendered by a court or administrative
        agency or by arbitration) against Luminant of its Subsidiaries that
        would have a Material Adverse Effect on Luminant and its Subsidiaries,
        taken as a whole. No action, suit, claim or proceeding is pending or, to
        the knowledge of Luminant threatened, which seeks to enjoin or prohibit
        the transactions contemplated by this Agreement or any Transaction
        Document.

                                      43
<PAGE>

(k)     CAPITALIZATION. Since the date of the latest Filed Luminant SEC Document
        for which capitalization information is presented there have been no
        material changes to the capitalization of Luminant as set forth in such
        Filed Luminant SEC Document, except for exercises of options granted
        pursuant to the terms of Luminant's equity incentive plan and the
        transactions contemplated by this Agreement.

(l)     PERSONNEL TURNOVER. For the period from April 1, 2000 through May 31,
        2000, the annualized voluntary turnover of billable personnel employed
        in the eastern region of the United States of Luminant and its
        Subsidiaries (excluding resignations and planned terminations of
        employees (A) formerly employed by Brand Dialogue, (B) in Luminant's and
        its Subsidiaries' media practice group, (C) in Luminant's and its
        Subsidiaries' contract staffing practice, and (D) who stopped being
        employees within the first ninety (90) days of their employment) did not
        exceed 19%. Luminant has no information that would lead it to believe
        that there has been a material adverse change in voluntary turnover of
        billable personnel in the eastern region of the United States of
        Luminant and its Subsidiaries (excluding resignations and planned
        terminations of employees (A) formerly employed by Brand Dialogue, (B)
        in Luminant's and its Subsidiaries' media practice group, (C) in
        Luminant's and its Subsidiaries' contract staffing practice, and (D) who
        stopped being employees within the first ninety (90) days of their
        employment) from May 31, 2000 to and including the Closing Date.

(m)     DISCLOSURE. All Schedules hereto prepared by Luminant and delivered to
        the Seller are accurate and complete in all material respects; and
        copies of all documents delivered by Luminant in connection with the
        transactions contemplated herein are complete copies of such documents.

(n)     SECOND QUARTER REVENUE. Luminant does not have any knowledge that would
        lead it to believe that it will report consolidated Second Quarter
        revenue in an amount that will be materially less than the Second
        Quarter revenue estimates for Luminant and its Subsidiaries reported as
        of the Closing Date by Hambrecht & Quist.

                                    ARTICLE V

                                    COVENANTS

Section 5.01 ACCESS TO INFORMATION. Between the date of this Agreement and the
Closing Date, the Seller and the Members will afford to the officers and
authorized representatives of the Purchaser and Luminant access to (i) all of
the sites, properties, books and records of the Seller and (ii) such additional
financial and operating data and other information as to the business and
properties of the Seller as the Purchaser or Luminant may from time to time
reasonably request, including without limitation, access upon reasonable request
to the Seller's employees, Customers and creditors for due diligence inquiry.
The Seller and the Members will cooperate with the Purchaser, Luminant and their
respective representatives, auditors and counsel in the preparation of any
documents or other material which may be required in connection with this
Agreement. No information or knowledge obtained in any investigation pursuant to
this Section 5.01 shall affect or be deemed to modify any representation or
warranty contained in this

                                      44
<PAGE>

Agreement or any Transaction Document or the conditions to the obligations of
the parties to consummate the transactions contemplated hereby or thereby.

Section  5.02  NON-DISCLOSURE; CONFIDENTIALITY; PUBLICITY.

(a)     Each party hereto (the "Receiving Party") recognizes and acknowledges
        that it has had in the past, currently has, and in the future may
        possibly have, access to certain confidential or proprietary information
        ("Confidential Information") of the other party (the "Disclosing
        Party"), such as technology, models, data, know-how, trade secrets,
        Customer lists, financial information and statistical data, operational
        policies and pricing and cost information that are valuable, special and
        unique assets of the Disclosing Party. Each Receiving Party (other than
        the Purchaser and Luminant) agrees that, (and in the case of the
        Purchaser and Luminant each of them agree that unless the Closing takes
        place), it or he will not use or disclose Confidential Information of
        the Disclosing Party to any Person (including Affiliates of such
        Receiving Party) for any purpose or reason whatsoever, except to
        officers, directors, members, employees and authorized representatives
        of the Receiving Party, including counsel and other advisers, for the
        purpose of negotiating and performing the transactions contemplated in
        this Agreement and the Transaction Documents or to perform their duties
        as employees of, Luminant or any of its Subsidiaries, including the
        Purchaser, following the Closing, provided that such officers,
        directors, members, employees, representatives and advisers (other than
        counsel) are bound by or otherwise agree to abide by the confidentiality
        provisions of this Section 5.02. Notwithstanding anything herein to the
        contrary, no information disclosed by or on behalf of a Disclosing Party
        shall be deemed confidential information if (i) such information becomes
        known to the public generally other than through unauthorized disclosure
        by the Receiving Party or by Persons to whom the Receiving Party has
        made the confidential information available, (ii) disclosure is required
        by law or the order of any Governmental Entity; (iii) the Receiving
        Party reasonably believes that such disclosure is required in connection
        with the defense of a claim (including a claim for indemnification)
        against the Disclosing Party, (iv) such information is independently
        developed by the Receiving Party, provided that such development was
        accomplished by or on behalf of the Receiving Party without the use of,
        or reference to, the Disclosing Party's confidential information, or (v)
        is disclosed with the consent of the Disclosing Party, provided,
        further, that prior to disclosing any confidential information pursuant
        to clause (ii) above, the Receiving Party shall take reasonable steps to
        give the Disclosing Party sufficient prior notice to allow the
        Disclosing Party to contest the order or requirement and shall cooperate
        with efforts to prevent such disclosure. Upon the Closing, this Section
        5.02 supercedes the Confidentiality Agreement dated November 16, 1999
        between Luminant and the Seller.

(b)     Notwithstanding Article VII or any other provision of this Agreement to
        the contrary, because of the difficulty of measuring economic losses to
        the Seller, on the one hand, and the Purchaser and Luminant, on the
        other hand, as a result of a breach of the foregoing covenant, and
        because of the immediate and irreparable damage that could be caused to
        the Seller, on the one hand, or the Purchaser and/or Luminant, on the
        other hand, for which it would have no other adequate remedy, the
        parties hereto agrees that the foregoing covenant may be enforced by the
        Seller, on the one hand, or the Purchaser or

                                      45
<PAGE>

        Luminant, on the other hand, in the event of breach by other parties,
        by injunctions and restraining orders.

(c)     Prior to the Closing, the Seller, the Members, the Purchaser and
        Luminant will consult with each other before issuing any press release
        or otherwise making any public statements with respect to the
        transactions contemplated hereby and shall not issue any such press
        release or make any such public statement prior to such consultation,
        except as may be required by the federal securities laws or other law,
        rule or regulation of any Governmental Entity or by obligations pursuant
        to any listing agreement with The NASDAQ Stock Market. All parties agree
        to use reasonable efforts to consult with each other regarding any press
        release or public statement required by law prior to publishing or
        filing such release or statement.

Section 5.03 CONDUCT OF BUSINESS PENDING CLOSING. Between May 31, 2000 and the
Closing Date, the Seller and the Members will (except as requested or agreed by
the Purchaser):

(a)     carry on its Business in substantially the same manner as it has
        heretofore been conducted;

(b)     not introduce any new method of management, operation or accounting
        except any change in Tax accounting required by law;

(c)     maintain its properties and facilities related to or affecting the
        Business, including the Purchased Assets and those held under Leases, in
        as good working order and condition as at present, ordinary wear and
        tear excepted;

(d)     perform all of its obligations under agreements relating to or affecting
        the Purchased Assets, the Assumed Liabilities and the Business;

(e)     keep in full force and effect present insurance policies or other
        comparable insurance coverage;

(f)     use all commercially reasonable efforts to maintain and preserve its
        business organization intact, retain its present officers and key
        employees and maintain its relationships with Customers, creditors and
        others having business relations with it related to or affecting the
        Purchased Assets and the Business;

(g)     maintain compliance with all laws, rules and regulations, consent
        orders, and all other orders of applicable courts and Governmental
        Entities;

(h)     maintain present debt and lease instruments and not enter into new or
        amended debt instruments or Leases; and

(i)     maintain salaries, bonus and commission levels as set forth on Schedule
        4.01(u)(iii) for all officers, employees, members, agents,
        representatives and independent contractors.

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<PAGE>

Section 5.04 PROHIBITED ACTIVITIES. Between May 31, 2000 and the Closing Date
and to the extent relating to the Business or the Purchased Assets, neither the
Seller nor any Member will, without the prior written consent of the Purchaser:

(a)     make any material changes to the Operating Agreement of the Seller;

(b)     make any distribution (whether in cash, securities or property) in
        respect of its membership interests whether now or hereafter outstanding
        or purchase, redeem or otherwise acquire or retire for value any
        membership interests or issue, deliver or sell, authorize or propose the
        issuance, delivery or sale of any membership interests, rights, options,
        warrants, calls, conversion rights or commitments or other securities of
        any kind (including debt securities), or authorize or propose any change
        in its equity capitalization;

(c)     enter into any Contract or incur or agree to incur any liability or make
        any capital expenditures, or guarantee any indebtedness, including
        Contracts to provide services to Customers related to or affecting the
        Purchased Assets or the Business, except in the ordinary course of
        business and that are not material individually or in the aggregate;

(d)     create or assume any Lien other than Permitted Liens upon any Purchased
        Assets or the Business whether now owned or hereafter acquired;

(e)     sell, assign, lease, pledge or otherwise transfer or dispose of any
        property or equipment constituting Purchased Assets;

(f)     acquire or negotiate for the acquisition of (by merger, consolidation,
        purchase of a substantial portion of assets or otherwise) any business
        or the start-up of any new business, or otherwise acquire or agree to
        acquire any assets that are material, individually or in the aggregate,
        to the Business;

(g)     merge or consolidate or agree to merge or consolidate with or into any
        other Person;

(h)     waive any material rights or claims of the Seller that would have a
        Material Adverse Effect on the Purchased Assets or the Business,
        provided that the Seller may negotiate and adjust receivables in the
        course of good faith disputes with Customers in a manner consistent with
        past practice;

(i)     commit a breach of or amend or terminate any Contract or other right
        that would have a Material Adverse Effect on the Purchased Assets or the
        Business;

(j)     enter into any other transaction that might reasonably be expected to
        affect the Purchased Assets or the Business that is (i) not negotiated
        at arm's length with a third party not affiliated with the Seller or any
        Member or any Affiliate thereof (ii) outside the ordinary course of
        business consistent with past practice, or (iii) prohibited hereunder;

(k)     commence a lawsuit other than for routine collection of bills, related
        to the Business or the Purchased Assets;

(l)     revalue any of the Purchased Assets related to the Business;

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<PAGE>

(m)     make any tax election other than in the ordinary course of business and
        consistent with past practice or required by law, change any tax
        election, adopt any tax accounting method other than in the ordinary
        course of business and consistent with past practice, change any tax
        accounting method, file any tax return (other than any estimated tax
        returns, payroll tax returns or sales tax returns) or any amendment to a
        tax return, enter into any closing agreement, settle any tax claim or
        assessment, or consent to any tax claim or assessment, that might affect
        the Business, without the prior written consent of the Purchaser, except
        to the extent that such action would not have an adverse Tax effect on
        the Purchaser or its Affiliates;

(n)     admit any new members;

(o)     hire any additional employees or engage any additional consultants,
        except in the ordinary course of business;

(p)     except as set forth in Schedule 5.18(b), change compensation, bonus or
        commission levels or accelerate, or grant, any bonus or compensation
        payments to any member, officer, employee, consultant or agent of the
        Seller;

(q)     adopt, amend or terminate any Benefit Plan or Benefit Arrangement; or

(r)     take, or agree (in writing or otherwise) to take, any of the actions
        described in Sections 5.04(a) through (q) above, or any action that
        would make any of the representations and warranties of the Seller or
        the Members contained in this Agreement untrue or result in any of the
        conditions set forth in Sections 6.01 or 6.02 not to be satisfied.

Section 5.05 EXCLUSIVITY. None of the Seller, the Members or any officer,
employee, consultant, agent or representative of the Seller or any Member will,
during the period commencing on the date of this Agreement and ending with the
earlier to occur of the Closing or the termination of this Agreement in
accordance with its terms, directly or indirectly: (A) solicit, encourage or
initiate the submission of proposals or offers from any Person for, (B)
participate in any discussions pertaining to, or (C) furnish any information to
any Person other than the Purchaser or Luminant relating to, any acquisition or
purchase of all or a material amount of the assets of, or any equity interest
in, the Seller or a merger, consolidation or business combination of the Seller.
In addition to the foregoing, if the Seller or any Member receives any
unsolicited offer or proposal, or has actual knowledge of any unsolicited offer
or proposal, relating to any of the above, the Seller or such Member shall
immediately notify the Purchaser thereof, including the identity of the Person
making such offer or proposal and the specific terms of such offer or proposal.

Section 5.06 NOTIFICATION OF CERTAIN MATTERS. Each party hereto shall give
prompt notice to the other parties hereto of (a) the occurrence or
non-occurrence of any event the occurrence or non-occurrence of which would be
likely to cause any representation or warranty of it contained herein to be
untrue or inaccurate in any material respect at or prior to the Closing and (b)
any material failure of such party to comply with or satisfy any covenant,
condition or agreement to be complied with or satisfied by such party hereunder.
The delivery of any notice pursuant to this Section 5.06 shall not, without the
express written consent of the other parties be deemed to (A)

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<PAGE>

modify the representations or warranties hereunder of the party delivering
such notice, (B) modify the conditions set forth in Sections 6.01 or 6.02
hereof, or (C) limit or otherwise affect the remedies available hereunder to
the party receiving such notice.

Section 5.07 RESTRICTIONS. The Seller and each Member acknowledges and agrees
that none of the Shares have been registered under the Securities Act or any
state blue sky or securities laws. The Seller and each Member covenants and
agrees with Luminant that neither the Seller nor any Member will not dispose of
any Shares except pursuant to (A) an effective registration statement under the
Securities Act or (B) an applicable exemption from registration under the
Securities Act and applicable state blue-sky and securities laws. In connection
with any sale by the Seller or a Member pursuant to clause (B) of the preceding
sentence , the Seller or such Member shall furnish to Luminant an opinion of
counsel reasonably satisfactory to Luminant to the effect that such exemption
from registration is available in connection with such sale, except that no
opinion shall be required to be furnished to Luminant in connection with
transfers of Shares by the Seller to any Member or pursuant to the Collar. All
stock certificates representing Shares shall bear legends to the foregoing
effect. The Seller and each Member acknowledges that except as provided in
Article VIII of this Agreement, it or he has no right to require Luminant to
register the Shares. The Seller and each Member understands and agrees that each
certificate representing Shares shall bear the following legends:

               "THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN
               REGISTERED UNDER THE SECURITIES ACT OF 1933 OR THE SECURITIES
               LAWS OF ANY STATE AND MAY NOT BE SOLD OR OTHERWISE DISPOSED OF
               EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER SUCH
               ACT AND APPLICABLE STATE SECURITIES LAWS OR AN APPLICABLE
               EXEMPTION TO THE REGISTRATION REQUIREMENTS OF SUCH ACT OR SUCH
               LAWS."

And shall bear the following legends as applicable:

               "THE SECURITIES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO
               THE ESCROW AGREEMENT DATED AS OF JUNE 22, 2000 (THE "ESCROW
               AGREEMENT"), BY AND AMONG THE ISSUER, NEW YORK CONSULTING
               PARTNERS, LLC, AMERICAN STOCK TRANSFER & TRUST COMPANY AS ESCROW
               AGENT, AND ELIZABETH HAAS-EDERSHEIM AS MEMBERS' REPRESENTATIVE."

               "THE SECURITIES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO
               CONTRACTUAL RESTRICTIONS ON TRANSFER PURSUANT TO THAT CERTAIN
               ASSET PURCHASE AGREEMENT DATED AS OF MAY 31, 2000 (THE "ASSET
               PURCHASE AGREEMENT"), BY AND AMONG THE ISSUER AND NEW YORK
               CONSULTING PARTNERS, LLC AND THE OTHER SIGNATORIES THERETO. YOU
               MAY OBTAIN A COPY OF THE ASSET PURCHASE AGREEMENT BY CONTACTING
               THE SECRETARY OF THE ISSUER."

and the Seller and each Member agrees to transfer Shares only in accordance with
the provisions of such legends. After the Shares are no longer Restricted
Securities and the federal and

                                      49
<PAGE>

applicable state securities laws do not require all or part of such legend be
placed upon a certificate, or the subject matter of the legend is not longer
applicable, Luminant shall, upon receipt by Luminant of evidence reasonably
satisfactory to it that such requirement has terminated and upon the written
request of the Seller or a Member issue certificates for the Shares that do
not bear such legend.

Section 5.08 FURTHER ASSURANCES. Following the Closing Date, each party shall,
from time to time, execute and deliver such additional instruments, documents,
conveyances or assurances and take such other actions as shall be reasonably
necessary, or otherwise reasonably requested by another party hereto, to
carry-out the transactions contemplated by this Agreement and the Transaction
Documents and render effective the consummation of the transactions contemplated
hereby and thereby. In connection therewith, if required, the members, tax
matters member, managing member, president or chief financial officer of the
Seller will execute any documentation reasonably required by Luminant's
independent public accountants (in connection with such accountant's audit of
the Seller) or the NASDAQ National Market. The Sellers and each Member will also
cooperate and use their reasonable efforts to have the present officers,
members, consultants and employees of the Seller cooperate with the Purchaser,
Luminant and its Subsidiaries on and after the Closing Date in furnishing
information, evidence, testimony and other assistance in connection with any tax
return filing obligations, actions, proceedings, arrangements or disputes of any
nature with respect to matters pertaining to all periods prior to the Closing
Date.

Section 5.09 [RESERVED]

Section 5.10 NON-COMPETITION OR NON-DISCLOSURE AGREEMENTS OR COVENANTS BINDING
ON EMPLOYEES OR INDEPENDENT CONTRACTORS OF THE SELLER. The Seller agrees to
release, and hereby does release any non-disclosure or confidentiality
agreements or non-competition agreements or the non-disclosure, confidentiality,
restrictive covenants and/or non-competition provisions of any other agreements
binding on any employee or independent contractors of the Seller if such
employee is offered employment or such independent contractor is engaged by
Luminant or any of its Subsidiaries, including the Purchaser, in connection with
the transactions contemplated by this Agreement. The Seller covenants and agrees
that it will not release its employees or independent contractors from and shall
enforce any non-disclosure, confidentiality, restrictive covenant or
non-competition agreements or provisions binding on its employees or independent
contractors if any of its employees or independent contractors seek employment
or become employed by any Person or business which competes with the Business.

Section 5.11 CONTRACTS IN PROGRESS. The Seller and the Members shall forward
promptly to the Purchaser any monies, checks or instruments received by the
Seller or such Member after the Closing Date with respect to the Contracts in
Progress on account of work performed on or after June 1, 2000 (other than
Contingent Contracts that shall be treated in accordance with Section 2.09) and
the Purchaser shall forward promptly to the Seller or the Members any monies,
checks or instruments received by the Purchaser, Luminant or any of its
Subsidiaries after the Closing Date with respect to Accounts Receivable relating
to work performed to and including May 31, 2000. From and after the Closing, the
Seller and each Member shall refer all Customer and other inquiries relating to
the Business to the Purchaser.

Section 5.12 TRADEMARK; USE OF NAME.

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<PAGE>

(a)     Pursuant to the terms of this Agreement, the trademark "NYCP," any logo
        currently used in connection with that trademark (a "Logo") and the
        Internet domain name "nycp.com" are Excluded Assets. Notwithstanding
        anything in this Agreement to the contrary, the Seller and the Members
        covenant and agree that at no time hereafter shall the trademark "NYCP,"
        a Logo or the Internet domain name "nycp.com" be used or published by
        the Seller or any Member, nor shall the Seller or any Member authorize
        or allow any other Person to use or publish the trademark "NYCP," a Logo
        or the Internet domain name "nycp.com" in connection with, (A) any
        Competing Business, so long as any Member is subject to the
        non-competition provisions of his or her employment agreement with
        Luminant, the forms of which are attached hereto as Schedule 6.01(e),
        and (B) the offering, sale or provision of consulting services during
        the Restricted Period.

(b)     The Seller and the Members covenant and agree that from and the after
        the Closing Luminant and its Subsidiaries have a perpetual,
        non-exclusive, royalty free license to continue to use the trademark
        "NYCP" and any Logo with respect to such trademark for legal related
        purposes (including, but not limited to, use of "NYCP" in its filings
        with the SEC) but not for the purpose of conducting any business or
        other activities using such trademark or Logo.

(c)     The Seller and the Members covenant and agree that from and the after
        the Closing Luminant and its Subsidiaries have a non-exclusive, royalty
        free license to use the Internet domain name "nycp.com" until December
        31, 2000.

(d)     The Purchaser and Luminant agree that from and after the Closing the
        Seller has a perpetual, non-exclusive, royalty free license to continue
        to use the trademark and name "New York Consulting Partners" for legal
        related purposes but not for the purpose of conducting any business or
        other activities using such name.

SECTION 5.13 FIRPTA COMPLIANCE. On the Closing Date, the Seller and each Member
shall deliver to the Purchaser a properly executed Certification of Non-Foreign
Status Entity Transferor or Certification of Non-Foreign Status Individual
Transferor, as applicable (collectively, the "FIRPTA Certificates") in the
applicable form attached hereto as Exhibit E.

Section 5.14 RESERVE FOR CERTAIN LIABILITIES. The Seller and the Members shall,
so far as is practicable, apply as much of the Cash Consideration as it or they
receives under this Agreement as may be necessary to pay the Seller's
liabilities which exist on the Closing Date, other than Assumed Liabilities.
Notwithstanding anything in this Agreement to the contrary, the Seller shall
retain TWO HUNDRED THOUSAND DOLLARS ($200,000) in a bank account or in another
account from which the funds will be readily accessible until July 1, 2000 to
pay any Excluded Liabilities.

Section 5.15 [RESERVED]

Section 5.16 STOCK EXCHANGE LISTING. Luminant shall file any required
notifications or other applications with NASDAQ regarding the issuance of the
Shares and listing on the NASDAQ National Market.

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<PAGE>

Section 5.17 BOOKS AND RECORDS. Notwithstanding the transfer of the books and
records of the Seller to the Purchaser pursuant to this Agreement, the Seller
and each Member shall continue to have access to such books and records
following Closing upon reasonable written notice to Luminant during normal
business hours for the sole purpose of preparing tax returns or otherwise
responding to audits thereof or inquiries regarding same until the date that is
six (6) months after the expiration of the longest applicable federal or state
statute of limitation relating to taxes. After the Closing, the Seller shall be
entitled to retain copies of the books and records being transferred to the
Purchaser and Luminant as Purchased Assets at Closing, subject to the
confidentiality and non-disclosure obligations of Section 5.02 hereof and the
other applicable provisions of this Agreement.

Section 5.18 EMPLOYMENT MATTERS. Luminant and/or the Purchaser covenant and
agree as follows:

(a)     As soon as practicable after the Closing, Luminant shall make option
        grants to the employees named on Schedule 5.18(a) in the amounts
        indicated opposite each employee's name pursuant to Luminant's standard
        option plan on terms comparable to those that apply to first time hires
        of the Luminant;

(b)     Contemporaneously with the Closing, the Purchaser shall make employment
        offers to each Person listed on Schedule 5.18(b) in accordance with the
        salary set forth on Schedule 5.18(b), provided that such Person has
        satisfied a performance criteria substantially comparable to the
        criteria used by the Seller as of the Closing Date to evaluate employee
        performance and make compensation adjustments for its employees;
        provided, further, that if such Person has not satisfied such
        performance criteria, the Purchaser shall make an employment offer to
        such Person on substantially the same salary terms as those provided by
        the Seller to such Person on the Closing Date; and

(c)     The Purchaser shall assume the obligations in respect of the Person
        named on Schedule 5.18(c) who has recently graduated from graduate
        school in accordance with the terms described on such Schedule so long
        as the Person named thereon accepts employment with the Purchaser or
        Luminant or any of its Subsidiaries and continues to be an employee of
        the Purchaser or Luminant or any of its Subsidiaries during the period
        specified on Schedule 5.18(c). With respect to the Persons named on
        Schedule 5.18(c) who are not currently attending graduate school, the
        Purchaser shall offer such Person financial assistance to attend
        graduate school on a basis and terms substantially comparable to the
        financial assistance offered by the Seller to its employees on the date
        of this Agreement as set forth in Schedule 5.18(c), provided all of the
        following conditions are satisfied: (A) such Person is an employee of
        the Purchaser, Luminant or any of its Subsidiaries prior to starting
        graduate school, does not become employed by any other Person while
        attending graduate school (other than for part-time employment with a
        Person that is not a Competing Business or part-time employment of ten
        (10) hours or less per week with a Competing Business) and rejoins the
        Purchaser, Luminant or any of its Subsidiaries as an employee after
        graduating from graduate school in accordance with his arrangement with
        the Purchaser, Luminant or such other Subsidiary, (B) the Purchaser,
        Luminant or such Subsidiary shall determine, in its sole discretion,
        that it desires such Person to return to work for it following his
        graduation from graduate

                                      52
<PAGE>

        school, (C) such Person graduates from graduate school with a masters
        in business administration degree, and (D) such Person agrees to return
        to work for Luminant for at least a period of two (2) years following
        his graduation from graduate school.

Section 5.19 HEDGE TRANSACTION. Notwithstanding anything to the contrary in this
Agreement or the policies of Luminant, Luminant acknowledges that its Board has
authorized a deviation from those policies entitling the Seller and/or the
Members to enter into a Collar with respect to 200,000 of the Initial Shares,
and to pledge those Initial Shares in connection with the entering into of such
Collar.

Section 5.20 REPORTS UNDER EXCHANGE ACT. With a view to making available to the
Seller and the Members the benefits of Rule 144 promulgated under the Securities
Act, or any successor law thereto with comparable requirements, so long as the
Seller or any Member holds "Restricted Securities" (as defined in Rule
144(a)(3)), Luminant agrees to:

(a)     use commercially reasonable efforts to file with the SEC in a timely
        manner (or within an available filing extension) all reports and other
        documents required to be filed by Luminant pursuant to the Exchange Act;
        and

(b)     so long as the Seller or any Member own Shares that are not otherwise
        freely tradable, promptly upon request, provide to the Seller or any
        Member:

        (i)   a written statement that it has filed the reports required to be
              filed by it pursuant to the Exchange Act; and

        (ii)  a copy of its most recent annual or quarterly report and such
              other reports and documents filed pursuant to the Exchange Act.

Section 5.21 TAX COOPERATION. The Seller, the Members and the Purchaser shall,
and shall cause their respective affiliates to, (x) provide each other with such
assistance as may reasonably be required in connection with the preparation of
any Tax Returns, the conduct of any audit or other examination by any taxing
authority or judicial or administrative proceedings relating to any liability
for Taxes, (y) retain and provide each other with all records or other
information, including payroll records, that may be relevant to the preparation
of any Tax Returns, the conduct of any audit or examination or other Tax
proceeding and (z) provide each other with any final determination of any such
audit, examination or other proceeding that affects any amount required to be
shown on any Tax Return filed by the other party for any Taxable period. The
Seller, the Members and the Purchaser shall retain all relevant documents,
including prior years' Tax Returns, supporting work schedules and other records
or information that may be relevant to such Tax Returns and shall not destroy or
other wise dispose of any such records until such time as the statute of
limitations (including extension) with respect to such Tax Return expires.

Section 5.22 LEASES. Neither the Seller nor any of its Affiliates will give
notice to any lessor of termination of any lease so long as the Seller receives
remuneration from Luminant or any of its Subsidiaries with respect to such
lease.

SECTION 5.23 VISA APPLICATIONS. From and after the Closing, the Seller shall use
its best efforts to file any documentation necessary to transfer promptly to
Luminant the current work

                                      53
<PAGE>

permits and permanent residency or "greencard" applications with respect to
the Persons set forth on Schedule 5.23. In connection with such transfer of
permits and applications, so long as such Person continues to be an employee
of the Purchaser, Luminant or any of its Subsidiaries, the Purchaser,
Luminant or such Subsidiary, as applicable, shall use its best efforts to
assist and cooperate with the Seller with respect to the transfers of such
work permits and permanent residency or "greencard" applications. In the
event that such permits and applications are transferred to the Purchaser,
Luminant or such Subsidiary, as applicable, within three (3) months from the
Closing Date, so long as such Person continues as an employee of the
Purchaser, Luminant or such Subsidiary, as applicable, (A) the Purchaser,
Luminant or such Subsidiary shall assume all obligations of an employer
relating to such permits and applications, and, (B) if such Person shall have
applied or shall apply for permanent residency or a "greencard," the
Purchaser, Luminant or such Subsidiary shall sponsor such Person for his
permanent residency or "greencard."

                                   ARTICLE VI

                  CONDITIONS PRECEDENT TO OBLIGATIONS TO CLOSE

Section 6.01 CONDITIONS TO CLOSING OBLIGATIONS OF THE PURCHASER AND LUMINANT.
The obligations of the Purchaser and Luminant to consummate the transactions
contemplated in this Agreement and the Transaction Documents at the Closing
shall be subject to the satisfaction prior to the Closing of each of the
following conditions, each of which may be waived only if it is legally
permissible to do so and at the sole discretion of the Purchaser and Luminant:

(a)     REPRESENTATIONS AND WARRANTIES; PERFORMANCE OF OBLIGATIONS. All of the
        representations and warranties of the Seller and Members contained in
        this Agreement and the Transaction Documents to which each of them is a
        party that are qualified as to materiality shall be true, correct and
        complete, and those that are not so qualified shall be true, correct and
        complete in all material respects, as of the date of this Agreement and
        as of the time of the Closing as though made at and as of such time,
        except to the extent such representations and warranties expressly
        relate to an earlier date (in which case such representations and
        warranties that are qualified as to materiality shall be true, correct
        and complete, and those that are not so qualified shall be true, correct
        and complete in all material respects, on and as of such earlier date)
        with the same effect as though such representations and warranties had
        been made on and as of such date.

(b)     NO LITIGATION. No statute, rule, regulation, executive order, decree,
        temporary restraining order, investigation, suit, proceeding,
        preliminary or permanent injunction or other order shall have been
        enacted, entered, promulgated, enforced or issued by any Governmental
        Entity that presents a substantial risk of the restraint or prohibition
        of the transactions contemplated by this Agreement or any of the
        Transaction Documents or the obtaining of material damages or other
        relief from the Purchaser or Luminant in connection therewith, and there
        shall be no action, suit, claim or proceeding of any nature pending or
        threatened against the Purchaser, Luminant, the Seller or Members, their
        respective properties or any of their respective officers, directors or
        members, that would have a Material Adverse Effect on the Business or
        Purchased Assets.

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(c)     NO MATERIAL ADVERSE CHANGE. There shall have been no material adverse
        changes in the business, operations, affairs, Customer relationships,
        properties, assets, existing and potential liabilities, obligations,
        profits or condition (financial or otherwise) of the Seller since the
        date of this Agreement, and the Purchaser and Luminant shall have
        received a certificate signed on behalf of the Seller and by the Members
        dated the Closing Date to such effect.

(d)     [RESERVED]

(e)     EMPLOYMENT AGREEMENTS. Each of the Members (other than the Elizabeth A.
        H. Edersheim Year 2000 Family Trust) shall have entered into an
        employment agreement with Luminant substantially in the form attached as
        Schedule 6.01(e).

(f)     DELIVERABLES OF THE SELLER AND MEMBERS. The Seller and/or the Members,
        as applicable, shall have delivered to the Purchaser on or before the
        Closing the following:

        (i)   the Blanket Conveyance, General Assignment and Bill of Sale in
              the form of Exhibit A attached hereto;

        (ii)  such other instruments of sale, transfer, conveyance, and
              assignment as the Purchaser or its counsel, reasonably may
              request;

        (iii) the FIRPTA Certificates in the form attached hereto as Exhibit E;

        (iv)  the Escrow Agreement in the form attached hereto as Exhibit F; and

        (v)   executed and conformed copies of such other certificates, letters
              and documents as the Purchaser and Luminant may reasonably request
              and as are customary for transactions such as those contemplated
              by this Agreement.

(g)     PERFORMANCE OF OBLIGATIONS OF THE SELLER AND MEMBERS. The Seller and
        each Member shall have performed or complied in all material respects
        with all terms, obligations, covenants and conditions of this Agreement
        and any Transaction Document to which it or he is a party and which are
        required to be complied with, performed or satisfied on or before the
        Closing and the Purchaser and Luminant shall have received a certificate
        signed by Seller and by each Member to such effect.

Section 6.02 CONDITIONS TO CLOSING OBLIGATIONS OF THE SELLER AND MEMBERS. The
obligations of the Seller and the Members to consummate the transactions
contemplated in this Agreement and the Transaction Documents at the Closing
shall be subject to the satisfaction prior to the Closing of each of the
following conditions, each of which may be waived only if it is legally
permissible to do so and at the sole discretion of the Seller and Members:

(a)     REPRESENTATIONS AND WARRANTIES; PERFORMANCE OF OBLIGATIONS. All of the
        representations and warranties of the Purchaser and Luminant contained
        in this Agreement and the Transaction Documents to which each of them is
        a party that are qualified as to materiality shall be true, correct and
        complete, and those that are not so qualified shall be true, correct and
        complete in all material respects, as of the date of this

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        Agreement and as of the time of the Closing as though made at and as
        of such time, except to the extent such representations and
        warranties expressly relate to an earlier date (in which case such
        representations and warranties that are qualified as to materiality
        shall be true, correct and complete, and those that are not so
        qualified shall be true, correct and complete in all material respects,
        on and as of such earlier date) with the same effect as though such
        representations and warranties had been made on and as of such date.

(b)     NO LITIGATION. No statute, rule, regulation, executive order, decree,
        temporary restraining order, investigation, suit, proceeding,
        preliminary or permanent injunction or other order shall have been
        enacted, entered, promulgated, enforced or issued by any Governmental
        Entity that presents a substantial risk of the restraint or prohibition
        of the transactions contemplated by this Agreement or any of the
        Transaction Documents or the obtaining of material damages or other
        relief from the Seller or any Member in connection therewith, and there
        shall be no action, suit, claim or proceeding of any nature pending or
        threatened against the Purchaser, Luminant, the Seller or Members, their
        respective properties or any of their respective officers, directors or
        members, that would have a Material Adverse Effect on the Business or
        Purchased Assets.

(c)     NO MATERIAL ADVERSE CHANGE. There shall have been no material adverse
        changes in the business, operations, affairs, properties, assets,
        existing and potential liabilities, obligations, profits or condition
        (financial or otherwise) of the Purchaser or Luminant since the date of
        this Agreement, and the Seller and the Members shall have received a
        certificate signed on behalf of the Purchaser and Luminant dated the
        Closing Date to such effect.

(d)     [RESERVED]

(e)     DELIVERABLES OF THE PURCHASER OR LUMINANT. Luminant or the Purchaser
        shall have delivered to the Seller and the Members on or before the
        Closing the following:

        (i)   the Blanket Conveyance, General Assignment and Bill of Sale in
              the form of Exhibit A attached hereto;

        (ii)  (A) an Assumption of Liabilities Agreement in the form attached
              hereto as Exhibit B and (B) such other instruments of assumption
              as either the Seller or the Members, or their counsel reasonably
              may request;

        (iii) the Escrow Agreement in the form attached hereto as Exhibit F;

        (iv)  the Cash Consideration and a letter from Luminant to its Transfer
              Agent confirming the issuance of the Share Consideration and
              directing the Transfer Agent to prepare and deliver stock
              certificates representing the Share Consideration taking into
              account the Escrowed Shares pursuant to Section 2.08; and

        (v)   executed and conformed copies of such other certificates, letters
              and documents as the Seller and the Members may reasonably request
              and as are customary for transactions such as those contemplated
              by this Agreement.

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<PAGE>

(f)     EMPLOYMENT AGREEMENTS. Luminant shall have entered into an employment
        agreement with each Member (other than the Elizabeth A. H. Edersheim
        Year 2000 Family Trust) substantially in the form attached as Schedule
        6.01(e).

(g)     PERFORMANCE OF OBLIGATIONS OF THE PURCHASER AND LUMINANT.The Purchaser
        and Luminant shall have performed or complied in all material respects
        with all terms, obligations, covenants and conditions of this Agreement
        and any Transaction Document to which it is a party and which are
        required to be complied with, performed or satisfied on or before the
        Closing and the Seller shall have received a certificate signed by
        Purchaser to such effect.

                                   ARTICLE VII

                                 INDEMNIFICATION

Section 7.01 GENERAL INDEMNIFICATION BY THE SELLER AND THE MEMBERS. The Seller
and its successors and assigns (the "Seller Indemnifying Parties"), covenant and
agree to indemnify, defend, protect and hold harmless the Purchaser, Luminant
and their respective officers, directors, employees, stockholders, Affiliates,
agents, successors and assigns (individually, a "Luminant Indemnified Party" and
collectively, "Luminant Indemnified Parties") from, against and in respect of
any and all liabilities, losses, claims, damages, causes of action, lawsuits,
administrative proceedings (including informal proceedings), investigations,
audits, demands, assessments, adjustments, judgments, settlement payments,
deficiencies, penalties, fines, interest (including interest from the date of
such damages) and costs and expenses (including without limitation costs of
investigation and reasonable attorneys' fees and disbursements of every kind,
nature and description) (collectively, the "Damages") suffered, sustained,
incurred or paid by a Luminant Indemnified Party in connection with, resulting
from, or arising out of, directly or indirectly:

(a)     any breach of any representation or warranty of the Seller and/or the
        Members set forth in this Agreement or any Transaction Document to which
        it or he is a party or any schedule or certificate, delivered by or on
        behalf of the Seller and/or any Member in connection herewith or
        therewith; or

(b)     any Excluded Liability; or

(c)     any breach or nonfulfillment of any covenant, obligation, condition or
        agreement on the part of the Seller or any Member required to be
        performed prior to or after the Closing Date set forth in this Agreement
        or any Transaction Document to which it or he is a party; or

(d)     the Business, operations or assets of the Seller prior to the Closing or
        the actions or omissions of the Seller's members, officers, employees,
        independent contractors, agents or representatives prior to the Closing
        Date (in each case other than Assumed Liabilities); or

(e)     any liability for Taxes pursuant to the terms of Section 2.04 of this
        Agreement; or

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(f)     bulk transfer laws or similar laws that may be applicable to the
        transactions contemplated in this Agreement; or

(g)     [Reserved]; or

(h)     arising out of any instructions received by the Purchaser or Luminant in
        writing from the Members' Representative; or

(i)     incident to any of the foregoing or to the enforcement of this
        Section 7.01;

PROVIDED, HOWEVER, that in no such case shall this Section 7.01 be construed to
limit the legal or indemnity rights that a Luminant Indemnified Party may have
pursuant to any Transaction Document.

Section 7.02 INDEMNIFICATION BY LUMINANT. Luminant and its successors and
assigns (the "Luminant Indemnifying Parties"), covenant and agree to indemnify,
defend, protect and hold harmless the Seller, the Members, the Seller's
officers, employees, Affiliates, agents, successors and assigns (individually, a
"Seller Indemnified Party" and collectively, "Seller Indemnified Parties") from,
against and in respect of Damages suffered, sustained, incurred or paid by a
Seller Indemnified Party in connection with, resulting from, or arising out of,
directly or indirectly:

(a)     any breach of any representation or warranty of the Purchaser and/or
        Luminant set forth in this Agreement or any Transaction Document to
        which the Purchaser and/or Luminant is a party or any schedule or
        certificate, delivered by or on behalf of the Purchaser and/or Luminant
        in connection herewith or therewith; or

(b)     any breach or non-fulfillment of any covenant or agreement on the part
        of Luminant or the Purchaser required to be performed by it either prior
        to or after the Closing in this Agreement or any Transaction Document to
        which Luminant or the Purchaser is a party under this Agreement; or

(c)     any Assumed Liability; or

(d)     incident to any of the foregoing or to the enforcement of this Section
        7.02;

PROVIDED, HOWEVER, that in no such case shall this Section 7.02 be construed to
limit the legal or indemnity rights that a Seller Indemnified Party may have
pursuant to any Transaction Document.

Section 7.03 DEFENSE. Any Indemnifying Party shall reimburse any Indemnified
Party for any legal or other expenses incurred by such Indemnified Party for
which it is entitled to reimbursement under this Article VII relating to the
investigation or defense of the subject Claim as such expenses are incurred.

SECTION  7.04  INDEMNIFICATION PROCEDURES--THIRD PARTY CLAIMS.

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(a)     Promptly after receipt by a Seller Indemnified Party or Luminant
        Indemnified Party, as the case may be (each an "Indemnified Party" and
        collectively, the "Indemnified Parties"), of notice of the commencement
        of any action or the written assertion of any claim (a "Claim"), such
        Indemnified Party shall notify the Seller Indemnifying Party or Luminant
        Indemnifying Party, as the case may be (each an "Indemnifying Party" and
        collectively, the "Indemnifying Parties") in writing of the commencement
        or the written assertion thereof. Failure by an Indemnified Party to so
        notify the Indemnifying Party shall relieve the Indemnifying Party from
        the obligation to indemnify such Indemnified Party only to the extent
        that the Indemnifying Parties suffers actual and material prejudice as a
        result of such failure but in no event shall such failure to notify the
        Indemnifying Party (i) constitute prejudice suffered by the Indemnifying
        Parties if it has otherwise received notice of the actions giving rise
        to such obligation to indemnify or (ii) relieve it from any liability or
        obligation that it may otherwise have to such Indemnified Party under
        this Agreement or any Transaction Document.

(b)     The Indemnifying Party shall have the right, upon written notice to the
        Indemnified Party (the "Defense Notice") within thirty (30) days after
        receipt from the Indemnified Party of notice of such Claim, which notice
        by the Indemnifying Party shall specify the counsel it will appoint to
        defend such Claim ("Defense Counsel"), to conduct at its expense the
        defense against such Claim in its own name, or if necessary in the name
        of the Indemnified Party; provided, however, that the Indemnified Party
        shall have the right to approve the Defense Counsel, which approval
        shall not be unreasonably withheld; in which event the Indemnifying
        Party shall not be liable to such Indemnified Party for any legal
        expenses of other counsel or any other expenses subsequently incurred by
        such Indemnified Parties in connection with the defense thereof, except
        that if the Indemnifying Party elects not to assume such defense or
        counsel for the Indemnified Party advises that there are issues which
        raise actual conflicts of interest between the Indemnifying Party and
        the Indemnified Party (except that the fact that one party is an
        Indemnifying Party and one party is an Indemnified Party shall not in
        and of itself constitute such a conflict of interest), the Indemnified
        Party may retain counsel satisfactory to it, and the Indemnifying Party
        shall pay all reasonable fees and expenses of such counsel for the
        Indemnified Party, PROVIDED, FURTHER, that (i) the Indemnifying Party
        shall be obligated to pay for only one firm of counsel for all
        Indemnified Parties in any jurisdiction (except to the extent that local
        counsel, in addition to regular counsel, is required in order to
        effectively defend against such action or proceeding); (ii) if the
        Indemnifying Party shall fail to give such notice, it shall be deemed to
        have elected not to conduct the defense of the subject claim, in which
        event the Indemnified Party shall have the right to conduct such defense
        in good faith at the expense of the Indemnifying Party, (iii) the
        Indemnified Party may exercise its right at its expense to participate
        in the defense assisted by counsel of its own choosing, (iv) the
        Indemnified Parties shall cooperate in the defense of any such matter
        and (v) the Indemnifying Party shall not be liable for any settlement
        effected without its prior written consent.

(c)     [Reserved]

(d)     Neither the Indemnifying Party nor any Indemnified Party will enter into
        any compromise, settlement, consent to the entry of any judgment in any
        pending or

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        threatened action or proceeding or cease to defend against such action
        or proceeding, without the prior written consent of the Indemnified
        Parties, on the one hand, or the Indemnifying Party, on the other hand,
        as the case may be, which consent shall not be unreasonably withheld.

(e)     The Indemnifying Party shall not be entitled to control, and the
        Indemnified Party shall be entitled to have sole control over, the
        defense, settlement or compromise of any action or proceeding to the
        extent that action or proceeding seeks an order, injunction or other
        equitable relief against the Indemnified Party which, if successful,
        could materially and adversely interfere with the business, assets,
        properties or condition (financial or otherwise) of the Indemnified
        Party (and the cost of such defense shall constitute Damages for which
        the Indemnified Party is entitled to indemnification hereunder). If the
        Indemnified Party shall control the defense, settlement or compromise of
        such action or proceeding pursuant to this Section 7.04(e), the
        Indemnifying Party shall be entitled to participate therein at its own
        expense.

(f)     Any judgment entered or settlement agreed upon in the manner provided
        herein shall be binding upon the Indemnifying Party and Indemnified
        Parties, and shall conclusively be deemed to be an obligation with
        respect to which the Indemnified Party is entitled to prompt
        indemnification hereunder.

(g)     The "Members' Representative" shall have all authority to receive notice
        and the power to make all decisions with respect to claims for
        indemnification under this Article VII and the actions and decisions of
        the Members' Representative shall be binding upon the Seller and all
        Members.

Section 7.05 INDEMNIFICATION PROCEDURE--OTHER CLAIMS. A claim for
indemnification for any matter not involving a third-party action or proceeding
may be asserted by giving the Indemnifying Party reasonably prompt written
notice thereof, and the Indemnifying Party will have a period of thirty (30)
days within which to satisfy such Damages. If the Indemnifying Party does not so
respond within such thirty (30) day period, the Indemnifying Party will be
deemed to have rejected such claim for indemnification, in which event the
Indemnified Party will be free to pursue such remedies as may be available to
the Indemnified Party under Sections 7.07 and 7.08(b). A failure by an
Indemnified Party to give timely, complete or accurate notice as provided in
this Section 7.05 will not affect the rights or obligations of any party
hereunder except and only to the extent that, as a result of such failure, any
party entitled to receive such notice suffers actual and material prejudice as a
result of such failure but in no event shall such failure to notify the
Indemnifying Party (i) constitute prejudice suffered by the Indemnifying Parties
if it has otherwise received notice of the actions giving rise to such
obligation to indemnify or (ii) relieve it from any liability or obligation that
it may otherwise have to such Indemnified Party under this Agreement or any
Transaction Document.

Section 7.06 SURVIVAL OF REPRESENTATIONS, WARRANTIES AND COVENANTS. All
representations, warranties and covenants made by the parties hereto in or
pursuant to this Agreement or in any Transaction Document to which it or he
is a party shall be deemed to have been made on the date of this Agreement
(except as otherwise provided herein) and, if a Closing occurs, as of the
Closing Date. The representations, warranties, covenants, and agreements

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included in this Agreement shall survive for a period of twenty-four (24)
months, except that (A) the covenants and/or obligations set forth in
Sections (1) 3.03 (Allocations), (2) 5.01 (Access and Information), (3)
5.02(c) (Publicity), (4) 5.03 (Conduct of Business Pending Closing); (5) 5.04
(Prohibited Activities); (6) 5.05 (Exclusivity); (7) 5.06 (Notification of
Certain Matters); (8) 5.07 (Restrictions), (9) 5.10 (Non-Competition or
Non-Disclosure Agreements or Covenants Binding on Employees or Independent
Contractors of the Seller); (10) 5.11 (Contracts-in-Progress), (11) Section
5.16 (Stock Exchange Listing), (12) 5.17 (Books and Records), (13) 5.18
(Employment Matters); (14) 5.20 (Reports Under Exchange Act); (15) 5.19
(Hedge Transaction), (16) 5.22 (Leases), (17) 5.23 (Visa Applications); (18)
Article VIII (Registration Rights); and (19) Article X (Non-Competition),
shall each survive for a period that is the longer of (X) twenty-four (24)
months; (Y) the time specified therein or (Z) the time that all obligations
of all parties under the applicable Section or Article, as the case may be,
have been fully performed in accordance with the applicable terms and are not
subject to any dispute; (B) the representations set forth in Sections 4.01(v)
(Taxes), 4.01(u) (Employee Benefit Plans and Related Matters; ERISA), and
4.03 (Representations and Warranties of the Seller and Members to Luminant),
and 4.05(d) (Shares) shall survive until the date that is ninety (90) days
after the expiration of the longest applicable federal or state statute of
limitations; and (C) the obligations set forth in Sections 2.04 (Taxes),
5.02(a) (Non-Disclosure; Confidentiality), 5.08 (Further Assurances), 5.12
(Trademark; Use of Name), Section 5.21 (Tax Cooperation) and Articles VII
(Indemnification) and XI (Miscellaneous), shall survive indefinitely.

Section  7.07  LIMITATION AND EXPIRATION.

(a)     Notwithstanding Section 7.01 the Seller Indemnifying Party shall not be
        liable to indemnify and defend any Luminant Indemnified Party unless and
        until the aggregate amount of Damages incurred by all Luminant
        Indemnified Parties exceeds $25,000 (the "Indemnification Threshold"),
        at which time the Seller Indemnifying Party will be obligated to
        indemnify the Luminant Indemnified Parties with respect to the aggregate
        amount of all Damages in excess of that Indemnification Threshold;
        provided, that the Indemnification Threshold shall not apply to (A)
        breaches of the covenants of the Sellers or any Member set forth in this
        Agreement to be performed after the Closing Date, (B) Damages arising
        out of the bad faith, willful misconduct, intentional fraud or gross
        negligence of the Seller or any Member, or (C) Damages for which
        insurance payments are available under Section 7.09, or (D) any Excluded
        Liabilities, or (E) breaches of Article X.

(b)     Notwithstanding Section 7.02 the Luminant Indemnifying Party shall not
        be liable to indemnify and defend any Seller Indemnified Party unless
        and until the aggregate amount of Damages incurred by all Seller
        Indemnified Parties exceeds the Indemnification Threshold, at which time
        the Luminant Indemnifying Party will be obligated to indemnify the
        Seller Indemnified Parties with respect to the aggregate amount of all
        Damages in excess of that Indemnification Threshold; provided, that the
        Indemnification Threshold shall not apply to (A) breaches of the
        covenants of Luminant or the Purchaser set forth in this Agreement to be
        performed after the Closing Date or (B) Damages arising out of the bad
        faith, willful misconduct, intentional fraud or gross negligence of the
        Luminant or the Purchaser, or (C) Damages for which insurance payments
        are available under Section 7.09, or (D) any Assumed Liabilities.

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(c)     The aggregate amount of the Seller Indemnifying Parties' liability under
        this Article VII shall not exceed ONE MILLION ONE HUNDRED FIFTY-TWO
        THOUSAND DOLLARS ($1,152,000), provided, that this Section 7.07(c) shall
        not apply to any Excluded Liabilities, Purchase Price Reduction,
        Additional Purchase Price Reduction or Contingent Fees, or to any breach
        of Section 5.12 or breach of Article X; and

(d)     The aggregate amount of the Luminant Indemnifying Parties' liability
        under this Article VII shall not exceed ONE MILLION ONE HUNDRED
        FIFTY-TWO THOUSAND DOLLARS ($1,152,000), provided, that this Section
        7.07(d) shall not apply to any Assumed Liabilities, Purchase Price
        Increase, Installment Shares or Contingent Fees, or to any breach of
        Section 5.12.

Section  7.08  REMEDIES.

(a)     Except as provided in Section 7.08(b), the indemnification provided for
        in this Article VII shall (except as prohibited by ERISA) be the
        exclusive remedy against any Indemnifying Party.

(b)     Notwithstanding anything herein to the contrary, Section 7.08(a) shall
        not limit the ability of a party to (A) seek injunctive relief for a
        breach of this Agreement, (B) seek relief for claims against any third
        party, (C) seek relief for breach of any of the provisions of Section
        4.03 (Representations and Warranties of the Seller and the Members to
        Luminant); Section 4.05(d) (Shares), Section 5.02 (Non-Disclosure;
        Confidentiality; Publicity), Section 5.06 (Notification of Certain
        Matters),Section 5.07 (Restrictions), Section 5.08 (Further Assurances);
        Section 5.10 (Non-Competition or Non-Disclosure Agreements or Covenants
        Binding on Employees or Independent Contractors of the Seller), Section
        5.11 (Contracts in Progress), Section 5.12 (Trademark; Use of Name),
        Section 5.16 (Stock Exchange Listing), Section 5.17 (Books and Records),
        Section 5.18 (Employment Matters), Section 5.20 (Reports Under Exchange
        Act), Section 5.21 (Tax Cooperation), Section 5.23 (Visa Applications)
        and Articles II, VII, VIII, X and XI of this Agreement, or (D) seek
        relief for breach of any Transaction Document.

Section 7.09 REDUCTION OF DAMAGES.To the extent any Damages are reduced by
receipt of payment (A) under insurance policies which are not subject to
retroactive adjustment or other reimbursement to the insurer in respect of such
payment, or (B) from third parties not Affiliated with the Indemnified Party,
such payments (net of the expenses of the recovery thereof) (such net payment
being referred to herein as a "Reimbursement") shall be credited against such
Damages; provided, however, the pendency of such payments shall not delay or
reduce the obligation of the Indemnifying Party to make payment to the
Indemnified Party in respect of such Damages.

Section 7.10 SUBROGATION. The Indemnifying Party shall be subrogated to the
Indemnified Party's rights of recovery to the extent of any Damages satisfied by
the Indemnifying Party for which the Indemnified Party has insurance available.
The Indemnified Party shall execute and deliver such instruments and papers as
are necessary to assign such rights and assist in the exercise thereof,
including access to books and records of the Indemnified Party as necessary for
that purpose.

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Section 7.11 RIGHT TO SET OFF. The Purchaser and Luminant shall have the right,
but not the obligation, to set off, in whole or in part, amounts finally
determined under Article VII to be owed to a Luminant Indemnified Party against
any Installment Shares that may become due and payable hereunder and the
Escrowed Shares in accordance with the terms of the Escrow Agreement.

Section 7.12 [RESERVED]

Section 7.13 INDEMNIFICATION PAYMENT AS PURCHASE PRICE ADJUSTMENT. All payments
made pursuant to this Article VII shall be treated as adjustments to the
Purchase Price for Tax purposes.

                                  ARTICLE VIII

                               REGISTRATION RIGHTS

Section 8.01 SHELF REGISTRATION. If (A) any Installment Shares shall become
issuable to the Seller or any Member, as the case may be, in accordance with
Section 2.07, (B) Luminant has on file with the SEC a shelf registration
statement on Form S-3 (or successor or replacement form) under the Securities
Act for Common Shares to be issued in a primary offering, from time to time, (C)
the registration statement has been declared effective and no stop order has
been issued with respect thereto, (D) in the opinion of Luminant, the
registration statement and prospectus included therein, do not contain a
material misstatement of fact or omit to state any fact required to be stated
therein or necessary to make the statements therein not misleading, (E) in the
judgment of Luminant, there is no reason to suspend use of the prospectus due to
pending material corporate developments or similar material events that have not
yet been publicly disclosed and as to which Luminant believes public disclosure
will be prejudicial to Luminant, and (F) there are no other prohibitions at law
to such issuance, Luminant shall deliver to the Seller or any Member, as the
case may be, Installment Shares that have been registered under the Securities
Act.

Section 8.02 PIGGYBACK REGISTRATION RIGHTS. At any time following the Closing
Date, whenever Luminant proposes to register any Common Stock for its own or
others' account under the Securities Act for a public offering, other than (i)
any shelf registration of shares to be used as consideration for acquisitions of
additional businesses by Luminant, (ii) registrations relating to employee
benefit plans and (iii) registrations relating to rights offerings made to the
stockholders of Luminant, Luminant shall give the Seller and each of the Members
prompt written notice of its intent to do so. Upon the written request of the
Seller or any Member given within thirty (30) days after receipt of such notice,
Luminant shall cause to be included in such registration all of the Shares
issued to the Seller or the Members pursuant to this Agreement which the Seller
or such Member requests, provided that Luminant shall have the right to reduce
the number of shares included in such registration if Luminant is advised by any
managing underwriter of an underwritten offering of the securities being offered
pursuant to any registration statement under this Section 8.02 that the number
of shares of Common Stock to be sold by all Persons other than Luminant is
greater than the number of such shares of Common Stock which can be offered
without adversely affecting the offering, in which event Luminant

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may reduce the number of Shares offered for the account of the Seller and the
Members pro rata (based upon the number of Shares proposed to be sold by each
Member) to a number deemed satisfactory by such managing underwriter,
provided, that, for each such offering made by Luminant such reduction shall
be made first by reducing the number of Shares to be sold by the Seller, the
Members and other Persons (other than the Founding Stockholders, United
Airlines, Young & Rubicam, Commonwealth Principals II, LLC (and its members)
and Mr. Gil Marmol and their respective successors and assigns) on a pro rata
basis, and next by reducing the shares of the Founding Stockholders, United
Airlines, Young & Rubicam, Commonwealth Principals II, LLC (and its members)
and Mr. Gil Marmol, and their respective successors and assigns in accordance
with each of the applicable registration rights granted to those Persons
prior to the date of this Agreement.

Section 8.03 REGISTRATION EXPENSES. All fees and expenses incident to Luminant's
performance of or compliance with this Article VIII shall be borne by Luminant
whether or not the registration statement becomes effective. Such fees and
expenses shall include, without limitation, (A) all registration and filing fees
(including, without limitation, fees and expenses (1) with respect to filings
required to be made with the National Association of Securities Dealers, Inc.
and (2) with respect to compliance with federal securities or blue sky laws
(including, without limitation, fees and disbursements of counsel in connection
with blue sky qualifications of the Shares under the laws of such jurisdictions
as the managing underwriters may designate)), (B) printing expenses (including,
without limitation, expenses of printing certificates for Shares in a form
eligible for deposit with The Depositary Trust Company and of printing
prospectuses if the printing of prospectuses is required), (C) messenger,
telephone and delivery expenses, (iv) reasonable fees and disbursements of
counsel for the Seller and one special counsel for all the Members in connection
with the registration, (v) fees and disbursements of all independent certified
public accountants (including the expenses of any special audit and "comfort"
letters required by or incident to such performance) and (vi) Securities Act
liability insurance obtained by Luminant in its sole discretion.

Section 8.04 UNDERWRITING AGREEMENT. In connection with each registration
pursuant to Sections 8.01 or 8.02 covering an underwritten registered public
offering, Luminant and the Seller and each Member, as applicable, agree to enter
into a written agreement with the managing underwriters in such form and
containing such provisions as are customary in the securities business for such
an arrangement between such managing underwriters and companies of Luminant's
size and investment stature, including indemnification provisions and lock-up
arrangements.

Section 8.05 AVAILABILITY OF RULE 144. Luminant shall not be obligated to
register Shares held by the Seller or any Member at any time when the resale
provisions of Rule 144(k) (or any successor provision) promulgated under the
Securities Act are available to the Seller or any Member for such Shares.

Section 8.06 MARKET STANDOFF. In consideration of the granting to the Seller and
the Members of the registration rights under this Article VIII, the Seller and
each Member agrees that it and he will not sell, transfer or otherwise dispose
of, including without limitation through put or short sale arrangements, any
Shares for a period of six (6) months following the Closing Date except for the
Collar and transfers by the Seller to any Member.

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                                   ARTICLE IX

                                   [RESERVED]

                                    ARTICLE X

                                 NON-COMPETITION

Section 10.01 PROHIBITED ACTIVITIES. As further consideration for the purchase
and sale of the Shares and the other transactions contemplated by this
Agreement, the Seller agrees as follows:

(a)     The Seller will not, from the Closing Date through and until the end of
        the Restricted Period, directly or indirectly, promote, be employed by,
        lend money to, invest in, or engage in any Competing Business within the
        Market Area. That prohibition includes, but is not limited to, acting,
        either singly or jointly or as agent for, or as consultant to, any one
        or more Persons, directly or indirectly (as a partner, joint venture
        participant, stockholder (other that the Shares), member, independent
        contractor, representative or otherwise) that constitutes such a
        Competing Business. The Seller further agrees not to use, organize,
        incorporate, or otherwise create any business organization or Internet
        domain name using, any name confusingly similar to, "Luminant,"
        "InterActive8," "New York Consulting Partners" or any other name under
        which Luminant or any Subsidiary does business, consistent with the
        provisions of this Article X. The Seller's use of the trademark "NYCP,"
        any Logo and Internet domain name "nycp.com" shall be governed by
        Section 5.12, and compliance with Section 5.12 by the Seller shall not
        be a breach of the covenant in the preceding sentence.

(b)     If, during the Restricted Period, the Seller is offered or desires to do
        business, whether alone or with any other Person, directly or
        indirectly, that involves activities similar to those conducted by
        Luminant or any of its Subsidiary, the Seller will inform Luminant in
        writing of such event, the identity of the other Person, if any, the
        Seller's proposed activities, and the proposed starting date. The Seller
        will also inform any other Person of the terms of this Article X.
        Luminant will analyze the proposed activities and make a good faith
        determination as to whether it would threaten Luminant's legitimate
        competitive interests. If Luminant, in its sole discretion, determines
        that the proposed activities would not pose an unacceptable threat to
        its interests, Luminant will notify the Seller that it does not object
        to such activities.

(c)     During the Restricted Period, the Seller agrees that it will not,
        directly or indirectly, whether for itself or for, or on behalf of, any
        other Person solicit any Person who is, or was, within the Restricted
        Period, a customer or client of Luminant or any of its subsidiaries,
        including the Customers, or hire away or endeavor to entice away from
        Luminant or any of its Subsidiaries any officer, employee, consultant or
        any other Person whom Luminant or any of its Subsidiaries engage to
        perform services and including, but not limited to, any consultants,
        technicians, marketing personnel or sales representatives

                                    65

<PAGE>

        or any contractor, subcontractor, supplier, or vendor; or hire any
        Person whom Luminant or any of its Subsidiaries employs or employed
        within the prior twelve (12) months.

(d)     The Seller agrees that Luminant and its Subsidiaries provide services
        both at its facilities and at the locations of its customers or clients
        and that, by the nature of its business and operations, its and their
        Market Area is worldwide.

(e)     The Seller understands and agrees that the rights and obligations set
        forth in this Article X will continue and will survive through the
        Restricted Period.

Section 10.02 DAMAGES. Because of the difficulty of measuring economic losses to
Luminant and its Subsidiaries as a result of a breach of the foregoing covenant,
and because of the immediate and irreparable damage that could be caused to
Luminant and its Subsidiaries for which it would have no other adequate remedy,
the Seller agrees that the foregoing covenant may be enforced by Luminant or any
of its Subsidiary in the event of breach by the Seller, by injunctions and
restraining orders.

Section 10.03 REASONABLE RESTRAINT.The parties agree that the foregoing
covenants in this Article X impose a reasonable restraint on the Seller in light
of the activities and business of Luminant and its Subsidiaries on the date of
the execution of this Agreement and the current plans of Luminant; but it is
also the intent of Luminant and the Seller that such covenants be construed and
enforced in accordance with the changing activities and business of Luminant and
its Subsidiaries throughout the Restricted Period.

Section 10.04 SEVERABILITY; REFORMATION. The covenants in this Article X are
severable and separate, and the unenforceability of any specific covenant shall
not affect the provisions of any other covenant. Moreover, in the event any
court of competent jurisdiction shall determine that the scope, time or
territorial restrictions set forth are unreasonable, then it is the intention of
the parties that such restrictions be enforced to the fullest extent which the
court deems reasonable, and the Agreement shall thereby be reformed.

Section 10.05 INDEPENDENT COVENANT. All of the covenants in this Article X shall
be construed as an agreement independent of any other provision in this
Agreement, and the existence of any claim or cause of action of Luminant against
the Seller, whether predicated on this Agreement or otherwise, shall not
constitute a defense to the enforcement by Luminant of such covenants. The
parties expressly acknowledge that the terms and conditions of this Article X
are independent of the terms and conditions of any other agreements including,
but not limited to, any Employment Agreements entered into in connection with
this Agreement. It is specifically agreed that the Restricted Period shall be
computed by excluding from such computation any time during which the Seller is
found by a court of competent jurisdiction to have been in violation of any
provision of this Article X. The covenants contained in Article X shall not be
affected by any breach of any other provision hereof by any party hereto and
shall have no effect if the transactions contemplated by this Agreement are not
consummated.

Section 10.06 MATERIALITY. The parties to this Agreement hereby agree that the
covenants set forth in this Article X are a material and substantial part of the
transactions contemplated by this Agreement, supported by adequate
consideration.

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<PAGE>

                                   ARTICLE XI

                                  MISCELLANEOUS

Section 11.01 SEVERABILITY. If any term, provision, covenant or restriction of
this Agreement is held by a court of competent jurisdiction to be invalid, void
or unenforceable, the remainder of the terms, provisions, covenants and
restrictions of this Agreement shall remain in full force and effect and shall
in no way be affected, impaired or invalidated. It is hereby stipulated and
declared to be the intention of the parties that they would have executed the
remaining terms, provisions, covenants and restrictions without including any of
such which may be hereafter declared invalid, void or unenforceable.

Section 11.02 SPECIFIC ENFORCEMENT. The Seller and the Members, on the one
hand, and the Purchaser and Luminant, on the other, acknowledge and agree that
irreparable damage would occur in the event that any of the provisions of this
Agreement were not performed in accordance with their specific terms or were
otherwise breached. It is accordingly agreed that the parties shall be entitled
to an injunction or injunctions to prevent breaches of the provisions of this
Agreement and to enforce specifically the terms and provisions hereof in any
court of the United States or any state thereof having jurisdiction, this being
in addition to any other remedy to which they may be entitled at law or equity.

Section 11.03 ENTIRE AGREEMENT. This Agreement (including the Exhibits and
Schedules hereto which are made a part hereof) and the other Transaction
Documents contain the entire understanding of the parties with respect to the
transactions contemplated hereby.

Section 11.04 COUNTERPARTS. This Agreement may be executed in one or more
counterparts, all of which shall be considered one and the same agreement, and
shall become effective when one or more of the counterparts have been signed by
each party and delivered to the other parties, it being understood that all
parties need not sign the same counterpart.

Section 11.05 NOTICES. All notices, consents, requests, instructions, approvals
and other communications provided for herein and all legal process in regard
hereto shall be validly given, made or served, if in writing and delivered
personally, by telecopy (except for legal process) or sent by registered mail,
postage prepaid, if to:

                      THE SELLER OR ANY MEMBER:

                             New York Consulting Partners, LLC
                             1370 Avenue of the Americas,
                             21st Floor
                             New York, New York 10019
                             Attn:  Elizabeth Haas-Edersheim, Managing Member
                             Facsimile:  (212) 974-9733 or (212) 769-4350

                      WITH COPIES TO:

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<PAGE>

                             Elizabeth Haas-Edersheim
                             2211 Broadway
                             No. 11G
                             New York, New York 10024
                             Facsimile:  (212) 769-4350

                             Skadden, Arps, Slate, Meagher & Flom
                             4 Times Square
                             New York, New York 10036
                             Attn:  Mark N. Kaplan, Esq.
                             Facsimile:  (917) 777-3800

                      PURCHASER OR LUMINANT:

                             Luminant Worldwide Corporation
                             13737 Noel Road
                             Dallas, Texas 75240
                             Attention:  Tom Bevivino
                             Facsimile:  (972) 488-7299

                      IN THE CASE OF NOTICE REQUIRED TO BE GIVEN BY THE
                      MEMBERS' REPRESENTATIVE PURSUANT TO 2.06(F) OR
                      2.07(D), AS THE CASE MAY BE, ORIGINALS TO:

                             Luminant Worldwide Corporation
                             13737 Noel Road
                             Dallas, Texas 75240
                             Attention:  Corporate Controller
                             Facsimile:  (972) 581-7007

                      IN EACH CASE, WITH A COPY TO:

                             Wilmer, Cutler & Pickering:
                             2445 M Street, N.W.
                             Washington, D.C. 20037
                             Attention:  John B. Watkins, Esq.
                             Facsimile:  (202) 663-6363

                      MEMBERS' REPRESENTATIVE:

                             Elizabeth Haas-Edersheim
                             2211 Broadway
                             No. 11G
                             New York, New York 10024
                             Facsimile:  (212) 769-4350

                      WITH A COPY TO:

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<PAGE>

                             Skadden, Arps, Slate, Meagher & Flom
                             Attention:  Mark N. Kaplan, Esq. (at New York
                             address and facsimile number listed above)

or to such other address, facsimile number or telex number as any party may,
from time to time, designate in a written notice given in a like manner. Such
notice, request, claim, demand, waiver, consent, approval or other communication
shall be deemed to have been given (A) as of next business day if given by
overnight delivery service; (B) within three (3) days after deposit with the
U.S. postal service if given by certified or registered mail return receipt
requested; (C) on the same day if given by facsimile and electronic confirmation
of delivery has been received, or (D) when actually received by the addressee if
given by any other means. Notwithstanding anything to the contrary herein, all
instructions that are provided to Luminant pursuant to Section 2.06(f)(ii) or
2.07(d)(ii), as the case may be, shall be given by certified or registered mail
return receipt requested in accordance with the above notice provisions.

Section 11.06 AMENDMENTS. This Agreement may not be amended, modified or changed
without the written agreement of all parties hereto. This Agreement or no
provision hereof may be waived, or discharged without a written agreement signed
by the party or parties against whom enforcement of any waiver or discharge is
sought or by parties with the right to consent to such waiver, change,
modification or discharge on behalf of such party.

Section 11.07 SUCCESSORS AND ASSIGNS. All covenants and agreements contained
herein shall bind and inure to the benefit of the parties hereto and their
respective successors and assigns. None of the parties hereto may assign any of
its or his rights and obligations under this Agreement without the prior written
consent of the other parties hereto, except that the Purchaser may assign its
rights and obligations hereunder to Luminant or any wholly-owned Subsidiary of
Luminant, and the Seller may transfer any Shares subject to Section 5.07 of this
Agreement to the Members or any Member.

Section 11.08 EXPENSES AND REMEDIES. All costs and expenses incurred in
connection with this Agreement and the Transaction Documents, and the
transactions contemplated hereby and thereby, including, but not limited to, the
fees and disbursements of each party's attorneys, accountants and other
advisors, shall be borne by the party incurring such cost or expense, except
that Luminant shall pay up to TWENTY-FIVE THOUSAND DOLLARS ($25,000) of legal
fees of the Seller's counsel.

Section 11.09 GOVERNING LAW; CONSENT TO JURISDICTION. This Agreement shall be
governed by and construed and enforced in accordance with the internal laws of
the State of New York. Each of the Seller, the Members, the Purchaser and
Luminant irrevocably submits to the personal exclusive jurisdiction of the
United States District Court for the Southern District of New York for the
purposes of any suit, action or other proceeding arising out of this Agreement
or any transaction contemplated hereby (and, to the extent permitted under
applicable rules of procedure, agrees not to commence any action, suit or
proceeding relating hereto except in such court). Each of the Seller, the
Members, the Purchaser and Luminant agree that service of any process, summons,
notice or document hand delivered or sent by registered mail to such party's
respective address set forth in Section 11.05 will be effective service of
process for any action, suit or proceeding in New York with respect to any
matters to which it has submitted to

                                    69

<PAGE>

jurisdiction as set forth in the immediately preceding sentence. Each of the
Seller, the Members, the Purchaser and Luminant irrevocably and
unconditionally waive any objection to the laying of venue of any action,
suit or proceeding arising out of this Agreement or the transactions
contemplated hereby in the United States District Court for the Southern
District of New York, and hereby further irrevocably and unconditionally
waive and agree not to plead or claim in such court that any such action,
suit or proceeding brought in such court has been brought in an inconvenient
forum.

Section 11.10 THIRD PARTY BENEFICIARIES. Nothing contained in this Agreement is
intended to confer upon any person or entity other than the parties hereto and
their respective successors and permitted assigns, any benefit, right or
remedies under or by reason of this Agreement.

Section 11.11 MUTUAL DRAFTING. This Agreement is the mutual product of the
parties hereto, and each provision hereof has been subject to the mutual
consultation, negotiation and agreement of each of the parties, and shall not be
construed for or against any party hereto.

Section 11.12 FURTHER REPRESENTATIONS. Each party to this Agreement acknowledges
and represents that it has been represented by its own legal counsel in
connection with the transactions contemplated by this Agreement, with the
opportunity to seek advice as to its legal rights from such counsel. Each party
further represents that it is being independently advised as to the tax
consequences of the transactions contemplated by this Agreement and is not
relying on any representation or statements made by the other party as to such
tax consequences.

SECTION  11.13 MEMBERS' REPRESENTATIVE.

(a)     Each Member, by signing this Agreement, designates Elizabeth
        Haas-Edersheim or, in the event that Elizabeth Haas-Edersheim is unable
        or unwilling to serve, Robert Allen, to be the "Members' Representative"
        for purposes of this Agreement and the Escrow Agreement, and each of
        them accepts his or her appointment as the Members' Representative and
        covenants to act in accordance with the provisions of this Agreement and
        the Escrow Agreement applicable to the Members' Representative, and such
        Person's execution of this Agreement and the Escrow Agreement in her or
        his capacity as a Member shall also constitute such Person's execution
        and delivery of the relevant Agreement in the capacity of Members'
        Representative. The Members shall be bound by any and all actions taken
        by the Members' Representative on their behalf.

(b)     The Purchaser and Luminant shall be entitled to rely upon any
        communication or writings given or executed by the Members'
        Representative. All notices to be sent to Members pursuant to this
        Agreement and the Escrow Agreement may be addressed to the Members'
        Representative and any notice so sent shall be deemed notice to all of
        the Members hereunder. The Members hereby consent and agree that the
        Members' Representative is authorized to accept notice on behalf of the
        Members pursuant hereto.

(c)     Each Member hereby appoints and constitutes the Members' Representative
        and her or his successor such Member's true and lawful attorney-in-fact,
        with full power in his or her name and on his or her behalf to act
        according to the terms of this Agreement and the Escrow Agreement in the
        absolute discretion of the Members' Representative; and in

                                    70

<PAGE>

        general to do all things and to perform all acts including, without
        limitation, executing and delivering all agreements, certificates,
        receipts, instructions and other instruments contemplated by or
        deemed advisable in connection with this Agreement. This power of
        attorney and all authority hereby conferred is granted subject to the
        interest of the other Members hereunder and in consideration of the
        mutual covenants and agreements made herein, and shall be irrevocable
        and shall not be terminated by any act of any Member, by operation of
        law, whether by such Member's death or any other event.

Section 11.14 BULK TRANSFER LAW. Each of the parties hereto waives compliance by
the others with the provisions of the bulk transfer laws of New York and the
provisions of any statute of any other state or jurisdiction regulating bulk
sales or transfers which may be applicable to the sale of the Purchased Assets.

Section 11.15 GENDER AND NUMBER. Within this Agreement, words of any gender
shall be held and construed to include any other gender, and words in the
singular number shall be held and construed to include the plural, unless the
context otherwise requires.

Section 11.16 ARBITRATION. Excluding the right of a party to seek injunctive or
other equitable relief or as otherwise provided in this Agreement, all claims
(pursuant to federal or state statutes or by common law), controversies,
differences or disputes between or among Luminant and the Purchaser, on the one
hand, and the Seller and/or any Member, on the other hand, arising out of or
relating to this Agreement or related or referenced Schedules or the alleged
breach thereof including, but not limited to, indemnification claims under
Sections 7.01 and/or 7.02 shall be settled by arbitration in accordance with the
rules then in effect of the American Arbitration Association. After an award is
rendered by the arbitrator(s), a judgment may be entered in any court of
competent jurisdiction. The arbitration shall occur in New York City, New York
to the exclusion of all other locations. The arbitrators cannot add to or
subtract from the terms of this Agreement. The parties agree that the
arbitrators may include provisions for the payment of costs and expenses,
including reasonable attorneys' fees as part of any ruling or award made
thereunder. The parties acknowledge that arbitration shall be the sole, final,
binding and exclusive remedy of the parties with respect to any matter for which
arbitration is undertaken. In preparation for the arbitration process described
herein, the parties shall be given at least one hundred twenty (120) days for
discovery and each party may utilize all methods of discovery authorized by the
procedural rules and statutes of the State of New York for civil litigation and
may enforce the right to obtain such discovery in the manner provided by such
rules and statutes.

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

                                    71

<PAGE>

               IN WITNESS WHEREOF, the Seller, each Member, the Purchaser and
Luminant have caused this Agreement to be duly executed as of the day and year
first above written.

INTERACTIVE8, INC.                          LUMINANT WORLDWIDE
                                            CORPORATION

By:  /s/ CHRIS MESHGINPOOSH
     ----------------------
   Name:  Chris Meshginpoosh                By:  /s/ CHRIS MESHGINPOOSH
   Title:  Vice President of Finance             ----------------------
                                               Name:  Chris Meshginpoosh
                                               Title:  Vice President of Finance

NEW YORK CONSULTING PARTNERS, LLC

By:  /s/ ELIZABETH HAAS-EDERSHEIM           By:  /s/ ELIZABETH HAAS-EDERSHEIM
     ----------------------------                ----------------------------
   Name:  Elizabeth Haas-Edersheim             Name:  Elizabeth Haas-Edersheim
   Title:  Managing Member

By:  /s/ ROBERT ALLEN                       By:  /s/ GARY BADRICK
     ----------------                            ----------------
   Name: Robert Allen                          Name: Gary Badrick

By:  /s/ JOAN WILSON                        By:  FRANK SELDIN
     ---------------                             ------------
   Name: Joan Wilson                           Name: Frank Seldin

                       [SIGNATURES CONTINUED ON NEXT PAGE]

<PAGE>

Elizabeth A. H. Edersheim Year 2000 Family Trust

By:  /s/ STEVEN EDERSHEIM
     --------------------
   Name:
         --------------------
   Title:
          ---------------------

                                    73<PAGE>
                                                                 EXHIBIT 10.29

                                 ANCHOR GAMING
                        EXECUTIVE STOCK OPTION AGREEMENT

    THIS AGREEMENT, dated as of September 24, 2000, is by and between Anchor
Gaming, a Nevada corporation("ANCHOR GAMING"), and             (the
"PARTICIPANT").

                                    RECITALS

    The Board of Directors of Anchor Gaming has adopted the Anchor Gaming 2000
Stock Incentive Plan (the "2000 PLAN") to enable directors, officers, and
employees of Anchor Gaming and its majority-owned subsidiaries to acquire shares
of Common Stock, $.01 par value, of Anchor Gaming ("COMMON STOCK") in accordance
with the provisions of the 2000 Plan.

    The 2000 Plan is subject to the approval of the stockholders of the Company
at the next annual meeting of stockholders.

    All Options granted under this Agreement that Vest on the consummation of
the Fulton Transactions (as defined in ATTACHMENT A) are granted under and will
be subject to the terms of the Anchor Gaming 1995 Stock Option Plan (as amended,
the "1995 PLAN").

    The Board of Directors (the "BOARD") has selected Participant to participate
in the 1995 Plan and the 2000 Plan and has determined to grant Participant the
right and option to purchase shares of Common Stock in accordance with the terms
and conditions of this Agreement, provided that if any change is made in the
shares of Common Stock (including, but not limited to, changes by stock
dividend, stock split, merger or consolidation, but not including the issuance
of additional shares for consideration), the Board of Directors or the Committee
appointed to administer the Plan (the "COMMITTEE"), will make such adjustments
in the number and kind of shares (which may consist of shares of a surviving
corporation to a merger) that may thereafter be optioned and sold under the 1995
Plan or the 2000 Plan, as applicable, and the number and kind of securities or
other property (which may consist of shares of a surviving corporation to a
merger) and purchase price per share of shares subject to outstanding Stock
Option Agreements under the 1995 Plan and the 2000 Plan as the Board of
Directors or the Committee determines are equitable to preserve the respective
rights of the Participants under the 1995 Plan or the 2000 Plan, as applicable.

    NOW, THEREFORE, in consideration of the foregoing and of the mutual promises
and other terms and conditions set forth in this Agreement, Anchor Gaming and
Participant agree as follows:

    1.  DEFINITIONS.  As used in this Agreement, the following terms have the
meanings indicated:

        (a) "CAUSE" means that the Board reasonably finds that any one or
    more of the following events has occurred: (i) performance by Participant
    of illegal or fraudulent acts, criminal conduct, or willful misconduct
    relating to the activities of the Company, including, without limit,
    violation by Participant of any material gaming laws or regulations,
    which violation materially and adversely affects the ability of
    Participant to perform his duties to the Company or may subject the
    Company to liability; (ii) conviction of, or nolo contendere plea by
    Participant to, any criminal acts involving moral turpitude having a
    material adverse effect upon the Company, including, without limitation,
    upon its profitability, reputation, or goodwill; (iii) willful and
    material disregard of any reasonable directive(s) from the Board that are
    not inconsistent with the terms of any contract with the Company to which
    Participant is party, PROVIDED that the Board will provide Participant
    with written notice that such event has occurred ("NOTICE OF DISREGARD")
    and will further allow Participant 30 days in which to cure such
    disregard, and PROVIDED FURTHER that the Board will provide an
    opportunity for Participant to be heard if there is no cure within 30
    days of the Notice of

                                      1
<PAGE>

    Disregard; (iv) breach of fiduciary duty, PROVIDED that the Board will
    provide Participant with written notice that such event has occurred
    ("NOTICE OF BREACH OF FIDUCIARY DUTY") and will further allow Participant
    30 days in which to cure such breach of fiduciary duty, and PROVIDED
    FURTHER that the Board will allow an opportunity for Participant to be
    heard if there is no cure within 30 days of the Notice of Breach of
    Fiduciary Duty; (v) material violation, not cured in a reasonable time
    after notice from the Company, by Participant of any of the covenants and
    agreements contained in any agreement with the Company to which
    Participant is party; (vi) failure or inability of Participant to obtain
    or maintain required gaming licenses or approvals.

        (b) "CHANGE OF CONTROL" means the occurrence of any of the following
    events, as a result of one transaction or a series of transactions: (i) any
    "person" (as that term is used in Sections 13(d) and 14(d) of the Securities
    Exchange Act of 1934, as amended, (the "Exchange Act"), but excluding the
    Company, its affiliates, and any qualified or non-qualified plan maintained
    by the Company or its affiliates) becomes the "beneficial owner" (as defined
    in Rule 13d-3 promulgated under the Exchange Act), directly or indirectly,
    of securities of the Anchor Gaming representing more than 50% of the
    combined voting power of the Anchor Gaming's then outstanding securities;
    (ii) individuals who constitute a majority of the Board of Directors of the
    Company immediately prior to a contested election for positions on the Board
    cease to constitute a majority as a result of such contested election;
    (iii) Anchor Gaming is combined (by merger, share exchange, consolidation,
    or otherwise) with another entity and as a result of such combination, less
    than 50% of the outstanding securities of the surviving or resulting entity
    are owned in the aggregate by the former shareholders of Anchor Gaming;
    (iv) the Company sells, leases, or otherwise transfers all or a majority of
    all of its properties, assets or income or revenue generating capacity to
    another person or entity; (v) a dissolution or liquidation of Anchor Gaming
    or; (vi) any other transaction or series of transactions is consummated that
    results in a required disclosure under Item 1 of Form 8-K or successor form.

        (c) "COMPANY" means Anchor Gaming and its majority-owned subsidiaries.

        (d) "CONFIDENTIAL INFORMATION" means all written, machine-reproducible,
    oral and visual data, information, and material, including, but not limited
    to, business, financial, and technical information, records regarding sales,
    price and cost information, marketing plans, customer names, customer lists,
    sales techniques, manufacturing or distribution plans or procedures; and
    computer programs, documents, and records (including those that Participant
    develops in the scope of his or her employment) that (i) the Company or any
    of its customers or suppliers treats as proprietary or confidential through
    markings or otherwise, (ii) relates to the Company or any of its customers
    or suppliers or any of their business activities, products, or services
    (including software programs and techniques) and is competitively sensitive
    and not generally known in the relevant trade or industry, or (iii) derives
    independent economic value from not being generally known to, and is not
    readily ascertainable by proper means by, other persons who can obtain
    economic value from its disclosure or use. Confidential Information does not
    include any information or material that is approved by Anchor Gaming for
    unrestricted public disclosure.

        (e) "EXPIRATION DATE" means the date and time as of which the Option
    expires, which is the earlier of (i) the close of business on the date one
    (1) year after the entire Option has Vested or (ii) the date and time as of
    which all rights to exercise the Option are terminated under SECTION 2(e).

        (f) "MARKET VALUE" of a share of Purchased Stock on a given date means
    (i) if the Purchased Stock is Publicly Traded, the closing sale price for
    Purchased Stock, as determined in good faith by the Board of Directors, on
    such date or, if no closing sale price is available for such date, on the
    most recent prior date for which a closing sale price is available or, if no
    closing sale price is available, the closing bid price, as so determined, on
    such date or, if no closing bid price is available for such date, the
    closing bid price on the most recent prior date for which a closing bid
    price is available, or (ii) if

                                      2
<PAGE>
    the Purchased Stock is not Publicly Traded, its fair market value, as
    determined in good faith by the Board of Directors, as of such date.

        (g) "NET INVESTMENT PROCEEDS," with respect to any share of Purchased
    Stock sold or otherwise transferred by Participant or Participant's
    successor in interest, means the greater of the value of the gross proceeds
    received for such share or the Market Value of such share on the date of
    sale or transfer less, in either case, (i) the exercise price of the Option
    for such share, (ii) any reasonable and customary commission actually paid
    for the sale or transfer, and (iii) the verified amount of any income taxes
    paid or payable on the sale or transfer.

        (h) "OPTION" means the right and option to purchase shares of Common
    Stock evidenced by this Agreement.

        (i) "PUBLICLY TRADED" means Common Stock has been listed on a registered
    national securities exchange or approved for quotation in the
    Nasdaq-Registered Trademark- National Market ("NASDAQ") or another national
    securities exchange of automated quotation service.

        (j) "PURCHASED STOCK" means any security or property purchased upon the
    exercise of this Option, together with any successor security, property or
    cash issued or distributed by Anchor Gaming or any successor entity, whether
    by way of merger, consolidation, share exchange, reorganization,
    liquidation, recapitalization, or otherwise.

        (k) "TRANSFER" or "TRANSFER" or derivations thereof includes any sale,
    assignment, gift, pledge, encumbrance, hypothecation, mortgage, exchange, or
    any other disposition or any interest in this Agreement, the Option, or
    securities issued on exercise of this Option."

        (l) "VEST," "VEST," or derivations thereof with respect to any Option
    issued under this Agreement, means receiving the right to exercise the
    Option.

        (m) "VESTING PERIOD" means the period of time commencing on the date of
    this Agreement and ending on the date on which the entire Option has vested.

    2.  GRANT OF OPTION; PURCHASE OF STOCK.

        (a) Subject to the terms, conditions, and restrictions set forth in the
    1995 Plan and the 2000 Plan, as applicable, and in this Agreement, Anchor
    Gaming hereby grants to Participant, and Participant hereby accepts from
    Anchor Gaming, the Option to purchase from Anchor Gaming the number of
    shares of Common Stock specified in ATTACHMENT A to this Agreement, at the
    exercise price so specified, which option will vest in Participant in
    accordance with the Vesting Schedule set forth on ATTACHMENT A to this
    Agreement. The Option will continue to vest only for as long as Participant
    is an employee of Company, unless the Board or the Committee, in its sole
    discretion, agrees in writing otherwise. Participant will have the right to
    exercise the Option and purchase Common Stock after the Option vests as
    provided in SECTION 2(d).

        (b) The exercise price of shares as to which the Option is exercised
    must be paid to Anchor Gaming at the time of the exercise either in cash or
    in such other consideration as the Board or the Committee may approve
    consistent with the 1995 Plan or the 2000 Plan, as applicable, or a
    combination of cash and such other consideration having a total fair market
    value, as determined by the Board or the Committee, equal to the purchase
    price.

        (c) The Option is only exercisable as to vested Options. If Participant
    is subject to termination for Cause or voluntary termination, Participant
    may only exercise only those vested Options held by Participant at the time
    of termination.

        (d) Notwithstanding the other provisions of this Agreement or ATTACHMENT
    A, if Participant is terminated from employment with the Company without
    Cause, Options not yet vested under ATTACHMENT A will vest immediately.

                                      3
<PAGE>
        (e) Once vested, (i) if the Participant ceases to be an employee of the
    Company for any reason whatsoever, voluntary or involuntary, other than
    death, the Option may be exercised only until 5:00 p.m. Las Vegas time on
    the business day immediately preceding the first anniversary of such
    cessation the date of cessation of employment and in any case no later than
    the Expiration Date, and (ii) if the Participant ceases to be an employee
    because of death of the Participant, the Option may be exercised by the
    Participant's estate only for two years after the Participant's death and in
    any case no later than the Expiration Date.

        (f) Notwithstanding any other provision of this Agreement, in the event
    of Change of Control, Options not yet vested under ATTACHMENT A will vest
    immediately.

        (g) In the event that the total compensation paid to Participant as
    severance in the event of a Change of Control, taking into account all cash
    severance payments, shares of stock, accelerated vesting of stock options,
    and bonuses, if any (such payments being the "SEVERANCE PAYMENT"), is found
    to constitute "an excess parachute payment" within the meaning of
    Section 280G of the Internal Revenue Code of 1986, as amended (the "CODE"),
    then Anchor Gaming will pay to Participant, in addition to the compensation
    paid as the Severance Payment, an additional amount (the "additional
    amount") which, after reduction for income taxes and excise taxes on the
    additional amount, is sufficient to provide for the payment of any excise
    tax that may be due by Participant on the Severance Payment.

    3.  RESTRICTIONS ON TRANSFER.  The Option may not be sold or otherwise
transferred and is exercisable only by Participant during Participant's lifetime
unless the transfer is by will or the laws of descent and distribution upon
Participant's death. Anchor Gaming is not obligated to recognize any purported
sale or other transfer of the Option or any Purchased Stock in violation of this
Section 3 and, unless it elects to do otherwise, may treat any such purported
sale or transfer as null, void, and of no effect.

    4.  RIGHTS TO BUY BACK PURCHASED STOCK AND TO REQUIRE PAYBACK OF CERTAIN
PROFITS.

        (a) If Participant has engaged in any conduct prohibited by SECTION 5,
    Anchor Gaming will have the right exerciseable until the expiration of
    395 days after termination of employment (i) to cancel any unexercised
    Option, whether or not vested, and to buy back from Participant any
    shares of Purchased Stock then owned by Participant, at a purchase price
    equal to the price per share paid by Participant for the shares, and (ii)
    to require Participant to pay back to Anchor Gaming in cash the Net
    Investment Proceeds with respect to any shares of Purchased Stock sold or
    otherwise transferred by Participant.

        (b) Whenever Anchor Gaming has a right to buy back shares of Purchased
    Stock or to require Participant to pay back to Anchor Gaming Participant's
    Net Investment Proceeds with respect to any shares of Purchased Stock under
    this SECTION 4, Anchor Gaming may exercise its right by notifying
    Participant or the subsequent holder of Anchor Gaming's election to exercise
    its right within the designated exercise period. In the case of a buyback
    under SECTION 4(a), the giving of such notice will give rise to an
    obligation on the part of Participant or the subsequent holder to tender to
    Anchor Gaming, within 10 days, any previously issued certificate
    representing shares of Purchased Stock to be bought back, duly endorsed in
    blank or having a duly executed stock power attached in proper form for
    transfer free and clear of any claim by any other person or entity. If any
    such certificate is not tendered within 10 days, Anchor Gaming may cancel
    any outstanding certificate representing shares to be bought back. Anchor
    Gaming is required to tender the purchase price for shares to be bought back
    under this SECTION 4 within 20 days of giving notice of its election to
    exercise its right to buy back shares. If the person from whom the shares
    are to be bought back has not complied with an obligation to return a
    certificate representing shares to be bought back, however, Anchor Gaming is
    not required

                                      4
<PAGE>
    to tender the purchase price until 20 days after the certificate is duly
    returned or 20 days after it cancels the certificate, whichever occurs
    first.

        (c) The provisions of this SECTION 4 will expire on the occurrence of
    a Change of Control.

    5.  COMPETITION AND NON-DISCLOSURE.  Participant acknowledges that: (i) in
the course and as a result of employment with the Company, Participant will
obtain special training and knowledge and will come in contact with the
Company's current and potential customers, which training, knowledge, and
contacts would provide invaluable benefits to competitors of the Company;
(ii) the Company is continuously developing or receiving Confidential
Information, and that during Participant's employment he or she will receive
Confidential Information from the Company, its customers and suppliers and
special training related to the Company's business methodologies; and
(iii) Participant's employment by Company creates a relationship of trust that
extends to all Confidential Information that becomes known to Participant.
Accordingly, and as a material inducement to Anchor Gaming to grant this Option
to Participant and other good and valuable consideration, Participant agrees
that Anchor Gaming will be entitled, as its sole remedy under this Agreement, to
terminate all rights to exercise the Option and to exercise the rights specified
in SECTION 4 if Participant does any of the following without the prior written
consent of the Company:

        (a) while employed by the Company or within one year thereafter:

           (i) directly or indirectly engages in, owns or controls an interest
       in (except as to those investments held at the effective date of this
       agreement or as a passive investor in publicly held companies, i.e.,
       Participant and Participant's spouse or lineal descendants do not own of
       record, or beneficially, an aggregate of more than two percent (2%) of
       any class of outstanding securities) or acts as an officer, director, or
       employee of, or consultant or adviser to, any firm, corporation,
       institution or entity, directly or indirectly in competition with or
       engaged in a business substantially similar to that of the Company in the
       United States or in any foreign country in which the Company during the
       term of the Participant's employment sold, marketed, provided or
       solicited to sell, market or provide products or services, including the
       development, manufacture, sale or marketing of products, services,
       devices, instruments, methods or techniques (or any related services or
       activities) similar to any products, services, devices, instruments,
       methods or techniques that the Company was engaged in the development of,
       manufacturing, selling, or marketing, or had under consideration to do
       the same (whether or not such products, devices, instruments, methods or
       techniques or the technology related thereto were obtained from
       Participant), during the term of the Participant's employment with the
       Company;

           (ii) solicits or performs services in any manner that the Board of
    Directors reasonably and in good faith determines, after request by the
    Participant, is detrimental to the business or financial condition of the
    Company, as an employee, independent contractor, or otherwise, for any
    person or entity (including any affiliates or subsidiaries of that person
    or entity) that is or was a customer or prospect of the Company during
    the six months before Participant's employment with the Company ended if
    Participant solicited business from or performed services for that
    customer or prospect while employed by the Company; or

           (iii) recruits, hires, or assist, directly or indirectly, anyone to
       recruit or hire anyone who was an employee of the Company, within the six
       months before Participant's employment with the Company ended; or

        (b) discloses or uses any Confidential Information, except in connection
    with the good faith performance of Participant's duties as an employee; or
    fails to take reasonable precautions against the unauthorized disclosure or
    use of Confidential Information; fails, upon Anchor Gaming' request, to
    execute and comply with a third party's agreement to protect its
    confidential and proprietary information; solicits or induces the
    unauthorized disclosure or use of Confidential Information; or fails to
    return on Anchor Gaming's request any and all Confidential Information in
    the Participant's care, custody, or control.

                                      5
<PAGE>
        The existence of any claim or cause of action of Participant against the
    Company, whether predicated on this Agreement or otherwise, will not
    constitute a defense of the Company's enforcement of the covenants set forth
    in this SECTION 5. The Participant hereby submits to the jurisdiction of the
    courts of the State of Nevada and federal courts therein for the purposes of
    any actions or proceedings instituted by the Company to obtain such
    injunctive relief. Participant further acknowledges and agrees that the
    obligations contained in SECTION 5 of this Agreement are fair, do not
    unreasonably restrict Participant's further employment and business
    opportunities, and are commensurate with the compensation arrangements set
    out in this Agreement. The covenants contained in SECTION 5 will each be
    construed as an Agreement independent of any other provision of this
    Agreement. Both parties intend to make the covenants of SECTION 5 binding
    only to the extent that it may be lawfully done under existing applicable
    laws.

        If any court of competent jurisdiction finds any provision of this
    SECTION 5 to be unreasonable as to substantive scope, duration or geographic
    scope, then the Participant expressly agrees that, at Anchor's sole
    discretion, and in addition to any other remedies at law or equity that may
    be available to Anchor Gaming: (i) such provision will be considered to be
    amended to provide the broadest scope of protection to the Company that such
    court would find reasonable and enforceable or (ii) Anchor Gaming may
    require that this Agreement be rescinded.

        This SECTION 5 of this Agreement will survive either termination of the
    employment relationship or termination of this Agreement for the full period
    set forth in this SECTION 5.

    6.  COMPLIANCE WITH SECURITIES LAWS.  Participant agrees that neither
Participant nor any successor in interest of Participant will sell or otherwise
transfer the Option or any shares of Purchased Stock in any way that might
result in a violation of any federal or state securities laws or regulations.
Participant acknowledges and agrees that Anchor Gaming may require Participant
or any subsequent holder of the Option or of any shares of Purchased Stock to
provide Anchor Gaming, prior to any sale or other transfer, with such other
representations, commitments, and opinions regarding compliance with applicable
securities laws and regulations as Anchor Gaming may deem necessary or
advisable. Anchor Gaming agrees to use its best efforts to cause a registration
statement covering resales of the Purchased Shares to be filed with the
Securities and Exchange Commission and to be effective, and to list the
Purchased Shares on Nasdaq and any other securities exchange on which the common
stock of Anchor Gaming is listed for trading.

    7.  STOCK CERTIFICATES; RIGHTS AS SHAREHOLDER.  All certificates
representing shares of Purchased Stock will bear such legends as the Board
determines are necessary or appropriate. Whether or not certificates
representing shares of Purchased Stock have been issued or delivered,
Participant will have all the rights of a shareholder of Purchased Stock,
including voting, dividend and distribution rights, with respect to shares of
Purchased Stock owned by Participant. Participant will not have any rights as a
shareholder with respect to any shares of Common Stock subject to the Option
before the date of issuance to Participant of shares upon exercise of the
Option.

    8.  INCOME TAX WITHHOLDING.  Participant will, upon request by the Company,
reimburse the Company for, or the Company may withhold from sums or property
otherwise due or payable to Participant, any amounts the Company is required to
remit to applicable taxing authorities as income tax withholding with respect to
the Option or any Purchased Stock. If shares of Purchased Stock are withheld for
such purpose, they will be withheld at Market Value. If Participant fails to
reimburse the Company for any such amount when requested, the Company has the
right to recover that amount by selling or canceling sufficient shares of any
Purchased Stock held by Participant.

    9.  COMPLIANCE WITH PLANS.  Participant acknowledges receipt of a copy of
the 2000 Plan and the 1995 Plan and further acknowledges that this Agreement is
entered into, and the Option is granted, pursuant to the applicable Plan. If the
provisions of such Plans are inconsistent with the provisions of this Agreement,
the provisions of such Plans supersede the provisions of this Agreement.

                                      6
<PAGE>
    10. NOTICES.  Any notice to Anchor Gaming or the Company that is required or
permitted by this Agreement will be addressed to the attention of the Secretary
of Anchor Gaming at its principal office. Any notice to Participant that is
required or permitted by this Agreement will be addressed to Participant at the
most recent address for Participant reflected in the appropriate records of the
Company. Either party may at any time change its address for notification
purposes by giving the other written notice of the new address and the date upon
which it will become effective. Whenever this Agreement requires or permits any
notice from one party to another, the notice must be in writing to be effective
and, if mailed, will be deemed to have been given on the third business day
after the same is enclosed in an envelope, addressed to the party to be notified
at the appropriate address, properly stamped, sealed, and deposited in the
United States mail, and, if mailed to the Company, by certified mail, return
receipt requested.

    11. REMEDIES.  Anchor Gaming is entitled, in addition to any other remedies
it may have at law or in equity, to temporary and permanent injunctive and other
equitable relief to enforce the provisions of this Agreement. Any action to
enforce the provisions of, or relating to, this Agreement may be brought in the
state or federal courts having jurisdiction in the State of Nevada. By signing
this Agreement, Participant consents to the personal jurisdiction of such courts
in any such action.

    12. ASSIGNMENT.  This Agreement will inure to the benefit of and be binding
upon the parties hereto and their respective heirs, personal representatives,
successors, and assigns. However, Participant does not have the power or right
to assign this Agreement without the prior written consent of Anchor Gaming.

    13. ATTORNEYS' FEES.  If any legal proceeding is brought to enforce or
interpret the terms of this Agreement, the prevailing party will be entitled to
reasonable attorneys' fees, costs, and necessary disbursements in addition to
any other relief to which that party may be entitled.

    14. SEVERABILITY.  If any provision of this Agreement is held invalid or
unenforceable for any reason, the validity and enforceability of all other
provisions of this Agreement will not be affected.

    15. HEADINGS.  The section headings used herein are for reference and
convenience only and do not affect the interpretation of this Agreement.

    16. GOVERNING LAW.  THIS AGREEMENT WILL BE GOVERNED BY AND CONSTRUED IN
ACCORDANCE WITH THE LAW OF THE STATE OF NEVADA, WITHOUT REGARD TO THE CHOICE OF
LAW RULES IN SUCH LAW OR ANY OTHER PRINCIPLE THAT COULD REQUIRE THE APPLICATION
OF THE LAWS OF ANOTHER JURISDICTION.

    17. ENTIRE AGREEMENT.  This Agreement, together with the 1995 Plan and the
2000 Plan, as applicable, and any procedure adopted by the Board or the
Committee under the Plan, constitutes the entire agreement between the parties
with respect to its subject matter and may be waived or modified only in
writing.

                                      7
<PAGE>
    IN WITNESS WHEREOF, and intending to be legally bound hereby, Participant
and a duly-authorized representative of Anchor Gaming have executed this
Agreement as of the date first above written.

<TABLE>
<S>                                         <C>     <C>
PARTICIPANT                                 ANCHOR GAMING

                                            By:
-----------------------------------------           -----------------------------------------
Signature

                                            Title:
-----------------------------------------           -----------------------------------------
Printed Name
</TABLE>

                               CONSENT OF SPOUSE

    As the spouse of Participant, I consent to be bound by this Stock Option
Agreement and agree that this consent will be binding on my interest under this
Agreement and on my heirs, legatees, and assigns.

<TABLE>
<S>                                            <C>
                                               --------------------------------------------
                                               Signature

                                               --------------------------------------------
                                               Printed Name
</TABLE>

                                      8
<PAGE>
                        EXECUTIVE STOCK OPTION AGREEMENT

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

<TABLE>
<S>  <C>                         <C>
1.   Exercise Price:             $71.875 per Share.

2.   Number of Options granted:

3.   Expiration Date:            As defined in SECTION 1(d) of this Agreement.

4.   Vesting Schedule:

     Twenty percent (20%) of the Number of Options granted specified in Item 2 above will
     Vest upon closing of the transactions contemplated by the Stock Purchase Agreement dated
     as of September 24, 2000 between Anchor Gaming and the Fulton Parties named therein.
     Thereafter, beginning on March 31, 2001, 5% of the Number of Options granted specified
     in Item 2 above will vest, and 5% will vest on each subsequent June 30, September 30,
     December 31 and March 31, until all Options have vested.
</TABLE>

                                      9

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