Document:

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                                                                EXHIBIT 10(o)(1)

                               SECOND AMENDMENT
                                       TO
                         THE CONVERTIBLE LOAN AGREEMENTS
                                       AND
                                 FIRST AMENDMENT
                                       TO
                             INTERCREDITOR AGREEMENT

      This Second Amendment to the Convertible Loan Agreements and First
Amendment to Intercreditor Agreement (this "AMENDMENT"), is made as of this 21st
day of August, 2002, by and among Cover-All Technologies Inc., a Delaware
corporation (the "COMPANY"), Renaissance US Growth & Income Trust PLC, a public
limited company registered in England and Wales ("RENAISSANCE PLC"), and BFSUS
Special Opportunities Trust PLC, a public limited company registered in England
and Wales ("BFSUS") (Renaissance PLC and BFSUS are collectively referred to as
the "RENAISSANCE LENDERS"), and Renaissance Capital Group, Inc., a Texas
corporation, as agent for the Lenders (the "RENAISSANCE AGENT"). All capitalized
terms used, but not defined, herein shall have the meanings given to them in the
Loan Agreements (as defined below).

            WHEREAS, the Company, the Renaissance Lenders and the Renaissance
      Agent are parties to the Convertible Loan Agreement, dated as of June 28,
      2001, as amended pursuant to the First Amendment to Convertible Loan
      Agreements as of March 30, 2002 (the "RENAISSANCE LOAN AGREEMENT"),
      pursuant to which the Renaissance Lenders purchased 8.00% Convertible
      Debentures (the "RENAISSANCE DEBENTURES") from the Company for an
      aggregate principal amount of One Million Four Hundred Thousand Dollars
      ($1,400,000);

            WHEREAS, the Company and John Roblin, Arnold Schumsky and Stuart
      Sternberg (collectively, the "ADDITIONAL LENDERS" and, together with the
      Renaissance Lenders, the "LENDERS"), and Stuart Sternberg, as agent for
      the Additional Lenders, are parties to the Convertible Loan Agreement,
      dated as of June 28, 2001, as amended pursuant to the First Amendment to
      Convertible Loan Agreements as of March 30, 2002 (the "ADDITIONAL LOAN
      AGREEMENT" and, together with the Renaissance Loan Agreement, the "LOAN
      AGREEMENTS"), pursuant to which the Additional Lenders purchased 8.00%
      Convertible Debentures (the "ADDITIONAL DEBENTURES" and, together with the
      Renaissance Debentures, the "2001 DEBENTURES") from the Company for an
      aggregate principal amount of Four Hundred Thousand Dollars ($400,000);

            WHEREAS, the Lenders are parties to an Intercreditor Agreement,
      dated as of June 28, 2001 (the "INTERCREDITOR AGREEMENT"), and, pursuant
      to Section 3 of the Intercreditor Agreement, the prior written

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      consent of the holders of 66-2/3% of the outstanding 2001 Debentures is
      required to modify or amend the 2001 Debentures or any related loan
      documents; and

            WHEREAS, pursuant to Section 12.02 of the Loan Agreements, the
      Company, the Lenders, and the Renaissance Agent desire to amend the Loan
      Agreements to provide for the issuance to, and purchase by, the
      Renaissance Lenders of additional 8.00% Convertible Debentures from the
      Company for an aggregate principal amount of Seven Hundred Thousand
      Dollars ($700,000) (the "ADDITIONAL RENAISSANCE DEBENTURES") and the
      action by the Lenders as hereinafter set forth shall be deemed to amend
      the Loan Agreements and the Intercreditor Agreement.

      NOW, THEREFORE, in consideration of the promises and the mutual agreements
set forth herein and other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the undersigned hereby agree as
follows:

      1.    AMENDMENTS TO LOAN AGREEMENTS. Each of the Loan Agreements is hereby
amended as follows:

            a.    The definition of "Debentures" in Section 1.01 of each of the
      Loan Agreements is amended in its entirety to read as follows:

                  "Debentures" shall mean the Debentures executed by Borrower
            and delivered pursuant to the terms of this Agreement, together with
            any amendments, renewals, extensions or modifications to this
            Agreement.

            b.    The definition of "Loan" in Section 1.01 of each of the Loan
      Agreements is amended in its entirety to read as follows:

                  "Loan" shall mean the money lent to Borrower pursuant to this
            Agreement (along with any amendments hereto), along with any
            accrued, unpaid interest thereon.

            c.    Section 2.01(a) of the Renaissance Loan Agreement is hereby
      amended by deleting the phrase "One Million Four Hundred Thousand Dollars
      ($1,400,000)" and replacing it with the phrase "Two Million One Hundred
      Thousand Dollars ($2,100,000)".

            d.    Section 2.03 of each of the Loan Agreements is amended in its
      entirety to read as follows:

                  INTEREST RATE AND INTEREST PAYMENTS. Interest on the Principal
            Amount outstanding from time to time shall accrue at the rate of
            8.00% per annum, with the first installment of accrued, unpaid
            interest being due and payable in accordance with the terms of the
            Debentures and

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            subsequent payments of accrued, unpaid interest being due and
            payable on the first day of each month thereafter. Overdue principal
            and interest on the Debentures shall bear interest at the rate of
            18% per annum. Interest on the Principal Amount of the Debentures
            shall be calculated, from time to time, on the basis of the actual
            days elapsed in a year consisting of 365 days.

            e.    Section 2.04 of each of the Loan Agreements is amended in its
      entirety to read as follows:

                  MATURITY. If not sooner redeemed or converted, the Debentures
            shall mature on the date specified in the Debentures, at which time
            all the remaining unpaid principal, interest and any other charges
            then due under this Agreement shall be due and payable in full. The
            Debentures shall be prepaid PRO RATA with any prepayments of
            Indebtedness.

            f.    Section (a) of Schedule 7.01 to each of the Loan Agreements
      shall be amended in its entirety to read as follows:

            CURRENT RATIO. The Borrower will not permit its Current Ratio as of
      September 30, 2001, and as of the end of each fiscal quarter thereafter,
      to be less than .5:1, provided that, as of December 31, 2002, and at the
      end of each fiscal quarter thereafter, the Borrower will not permit such
      Current Ratio to be less than 1:1.

      2.    AMENDMENT TO INTERCREDITOR AGREEMENT. The Intercreditor Agreement is
hereby amended as follows:

            Paragraph A is amended by deleting the following phrase:

            "the aggregate principal amount of $1,400,000 evidenced by
            Borrower's 8.00% Convertible Debentures of even date herewith,"

            and replacing it with

            "the aggregate principal amount of $2,100,000 evidenced by
            Borrower's $1,400,000 principal amount 8.00% Convertible Debentures
            of even date herewith and Borrower's $700,000 principal amount 8.00%
            Convertible Debentures of August 21, 2002,"

      3.    FEES AND EXPENSES. Borrower shall reimburse the Renaissance Agent
for its legal fees and expenses incurred in connection with this Amendment and
the issuance and purchase of the Additional Renaissance Debentures; provided,
that, such reimbursement shall not exceed $7,000.

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      4.    LEGAL OPINION. The parties acknowledge and agree that the
effectiveness of the terms of this Amendment and the purchase of the Additional
Renaissance Debentures by the Renaissance Lenders is subject to the receipt by
the Renaissance Lenders of a legal opinion from the Company and its U.S.
subsidiaries in the form and substance satisfactory to the Renaissance Lenders
as attached hereto as EXHIBIT A.

      5.    ACKNOWLEDGMENT, AGREEMENT, AND REAFFIRMATION OF GUARANTORS. The
parties acknowledge and agree that the effectiveness of the terms of this
Amendment and the purchase of the Additional Renaissance Debentures by the
Renaissance Lenders is subject to the receipt by the Renaissance Lenders of an
executed Acknowledgment, Agreement, and Reaffirmation of Guarantors (the
"ACKNOWLEDGMENT"). The fully executed Acknowledgment shall be attached hereto as
EXHIBIT B.

      6.    SEVERABILITY. Any provision of this Amendment held by a court of
competent jurisdiction to be invalid or unenforceable shall not impair or
invalidate the remainder of this Amendment and the effect thereof shall be
confined to the provision so held to be invalid or unenforceable.

      7.    REAFFIRMATION. Except as specifically provided for herein, the Loan
Agreements and the Intercreditor Agreement shall not be otherwise affected by
this Amendment and shall continue to be in full force and effect in accordance
with its terms. Notwithstanding the generality of the foregoing, the Company
reaffirms and acknowledges the accuracy, in all material respects, as of the
date hereof, of the representations and warranties contained in Article IV of
the Loan Agreements subject to the schedules attached hereto which schedules
amend and restate the corresponding numbered schedules delivered by the Company
to the Lenders in connection with the Loan Agreements; provided, that such
reaffirmation shall not reflect the issuance by the Company to the Lenders of
$1,800,000 principal amount 8% Convertible Debentures and the documents,
agreements and instruments entered into in connection therewith or contemplated
thereby.

      8.    COUNTERPARTS. This Amendment may be executed in any number of
counterparts, each executed counterpart constituting an original, but all
together, only one agreement.

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK.]

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      IN WITNESS WHEREOF, this Amendment is entered into as of the date set
forth above.

                                       THE COMPANY:

                                       COVER-ALL TECHNOLOGIES INC.

                                       By: /s/ John Roblin
                                          -------------------------------------
                                              Name: John Roblin
                                              Title: Chairman of the Board of
                                                     Directors, President and
                                                     Chief Executive Officer

                                       LENDERS:

                                       RENAISSANCE US GROWTH
                                       & INCOME TRUST PLC

                                       By: /s/ Russell Cleveland
                                          -------------------------------------
                                              Russell Cleveland, Director

                                       BFSUS SPECIAL OPPORTUNITIES
                                       TRUST PLC

                                       By: /s/ Russell Cleveland
                                          -------------------------------------
                                              Russell Cleveland, Director

                                       AGENT:

                                       RENAISSANCE CAPITAL GROUP, INC.

                                       By: /s/ Russell Cleveland
                                          -------------------------------------
                                              Russell Cleveland
                                              President and CEO

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                                                                EXHIBIT 10(o)(2)

                                 FIRST AMENDMENT
                                       TO
                          8.00% CONVERTIBLE DEBENTURES

      This First Amendment ("AMENDMENT") to 8.00% Convertible Debentures is made

as of this 21st day of August, 2002, by and among Cover-All Technologies Inc., a

Delaware corporation (the "COMPANY"), Renaissance US Growth & Income Trust PLC,

a public limited company registered in England and Wales ("RENAISSANCE PLC"),

BFSUS Special Opportunities Trust PLC, a public limited company registered in

England and Wales ("BFSUS") (Renaissance PLC and BFSUS are collectively referred

to as the "RENAISSANCE LENDERS"), Renaissance Capital Group, Inc., a Texas

corporation, as agent for the Renaissance Lenders (the "RENAISSANCE AGENT"),

John Roblin, Arnold Schumsky and Stuart Sternberg (collectively, the "ADDITIONAL

LENDERS" and, together with the Renaissance Lenders, the "LENDERS"), and Stuart

Sternberg, as agent for the Additional Lenders (the "ADDITIONAL LENDERS AGENT").

            WHEREAS, on June 28, 2001, the Company issued 8.00% Convertible
      Debentures to the Renaissance Lenders and the Additional Lenders for an
      aggregate principal amount of $1,800,000; and

            WHEREAS, the Renaissance Lenders are the holders of not less than a
      majority of the outstanding principal amount of the Renaissance Debentures
      (as defined below) and not less than a 66-2/3% of the outstanding
      principal amount of the 2001 Debentures (as defined below) (the
      "HOLDERS"); and

            WHEREAS, the Company, the Renaissance Lenders and the Renaissance
      Agent are parties to that certain Convertible Loan Agreement, dated as of
      June 28, 2001 (as amended, the "RENAISSANCE AGREEMENT"), pursuant to which
      the Renaissance Lenders purchased 8.00% Convertible Debentures from the
      Company for an aggregate principal amount of $1,400,000 (the "RENAISSANCE
      DEBENTURES"); and

            WHEREAS, the Company, the Additional Lenders and the Additional
      Lenders Agent are parties to that certain Convertible Loan Agreement,
      dated as of June 28, 2001 (the "ADDITIONAL LENDERS AGREEMENT", and
      together with the Renaissance Agreement, the "AGREEMENTS"), pursuant to
      which the Additional Lenders purchased 8.00% Convertible Debentures from
      the Company for an aggregate principal amount of $400,000 (the "ADDITIONAL
      LENDERS DEBENTURES" and, together with the Renaissance Debentures, the
      "2001 DEBENTURES"); and

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            WHEREAS, the Lenders are parties to that certain Intercreditor
      Agreement, dated as of June 28, 2001 (the "INTERCREDITOR AGREEMENT"),
      pursuant to which the Lenders set forth their relative rights as creditors
      of the Company; and

            WHEREAS, pursuant to the Intercreditor Agreement, no holder of the
      2001 Debentures may modify or amend the 2001 Debentures without the prior
      written consent of the holders of 66-2/3% of the principal amount of the
      2001 Debentures; and

            WHEREAS, the parties desire to amend the 2001 Debentures as
      hereinafter set forth and the action by the Holders as hereinafter set
      forth shall be deemed to amend each of the 2001 Debentures;

      NOW, THEREFORE, in consideration of the promises and the mutual agreements
set forth herein and other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the undersigned hereby agree as
follows:

      1.    AMENDMENT. Section 7 of each of the 2001 Debentures (entitled
"One-Time Adjustment to Conversion Price") shall be, and hereby is, deleted in
its entirety.

      2.    REAFFIRMATION. Except as specifically provided for herein, the 2001
Debentures shall not be otherwise affected by this Amendment and shall continue
to be in full force and effect in accordance with their respective terms;
provided, however, that if the Company or any Lender so requests, the Lender
shall return its respective 2001 Debenture for cancellation and the Company
shall re-issue to such Lender a new debenture instrument incorporating the
amendments made pursuant hereto.

      3.    COUNTERPARTS. This Amendment may be executed in any number of
counterparts, each executed counterpart constituting an original but all
together only one agreement.

                  [Remainder of page intentionally left blank.]

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      IN WITNESS WHEREOF, this Amendment is entered into as of the date set
forth above.

                                       THE COMPANY:

                                       COVER-ALL TECHNOLOGIES INC.

                                       By: /s/ John  Roblin
                                          --------------------------------------
                                          Name:  John Roblin
                                          Title: Chairman of the Board of
                                          Directors, President and Chief
                                          Executive Officer

                                       LENDERS:

                                       RENAISSANCE US GROWTH & INCOME TRUST PLC

                                       By:  RENAISSANCE CAPITAL GROUP, INC.,
                                               its Agent

                                       By: /s/ Russell Cleveland
                                          --------------------------------------
                                          Name:  Russell Cleveland
                                          Title:  Director

                                       (holding 50% of the outstanding principal
                                       amount of the Renaissance Debentures and
                                       approximately 38.89% of the outstanding
                                       principal amount of the 2001 Debentures)

                                       BFSUS SPECIAL OPPORTUNITIES TRUST PLC

                                       By:  RENAISSANCE CAPITAL GROUP, INC.,
                                                its Agent

                                       By: /s/ Russell Cleveland
                                          --------------------------------------
                                          Name:  Russell Cleveland
                                          Title:  Director

                                       (holding 50% of the outstanding principal
                                       amount of the Renaissance Debentures and
                                       approximately 38.89% of the outstanding
                                       principal amount of the 2001 Debentures)

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