Document:

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                                                                   Exhibit 10.13

                                                                  EXECUTION COPY

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                             SHAREHOLDERS AGREEMENT

                           Dated as of August 13, 1999

                                  By and Among

                        DYNACS ENGINEERING COMPANY, INC.
                                  ("COMPANY"),

                                RAMENDRA P. SINGH
                                  PETER LIKINS
                                 ROBERT SKELTON
                               JAVER E. BENAVENTE
                              JAYANT RAMAKRISHNAN
                                HARRY W. SCHUBELE
                                 RAVI VENUGOPAL
                                RAMESH VENUGOPAL
                           ("EXISTING SHAREHOLDERS"),

                                       And

                                  MICHAEL BURNS
                                 WILLIAM DALLAS
                                 JON FELTHEIMER
                          OFFENSE GROUP ASSOCIATES, LP
                                  ("INVESTORS")

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                                TABLE OF CONTENTS

                                                                            PAGE

1.     Definitions .........................................................   2
2.     Restrictions on Transfer ............................................   4
       (a)   General Restrictions ..........................................   4
       (b)   Closing of Permitted Transfers ................................   4
3.     Permitted Transfers of Shares .......................................   5
       (a)   Shareholder Transfers .........................................   5
       (b)   Transfers to Family Members, Trusts or Other Legal Entities ...   5
       (c)   Qualified Transferees .........................................   5
4.     Right of First Refusal ..............................................   6
       (a)   Transfer Notice ...............................................   6
       (b)   Acceptance ....................................................   7
       (c)   Allocation of Offered Shares ..................................   7
       (d)   Transfer to Subscribing Shareholders ..........................   7
       (e)   Transfer to Transferee ........................................   8
       CoSale Right in Sale of Voting Control ..............................   8
       (a)   Rights of CoSale ..............................................   8
       (b)   Exercise of CoSale Right ......................................   8
6.     Other Transfers of Shares ...........................................   9
       (a)    Involuntary Transfers ........................................   9
       (b)    Purchase Rights ..............................................  10
       (c)    Purchase Procedures ..........................................  10
       (d)    Determination of Fair Market Value of Shares Procedures ......  10
7.     Restrictive Endorsement on Share Certificates .......................  11
8.     Agreements of Certain Spouses .......................................  11
9.     Termination of Existing Agreements ..................................  11
10.    Board of Directors ..................................................  11
11.    Miscellaneous .......................................................  12
       (a)   Notices .......................................................  12
       (b)   Amendment .....................................................  12
       (c)   Termination ...................................................  12
       (d)   Waiver ........................................................  12

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       (e)    Equitable Relief .............................................  13
       (f)    Counterparts .................................................  13
       (g)    Construction .................................................  13
       (h)    Governing Law ................................................  13
       (i)    Benefit and Binding Effect ...................................  13
       (j)    Future Spousal Consents ......................................  13
       (k)    Further Assurances ...........................................  13

Exhibits:
Exhibit A                   --     Existing Shareholders and Outstanding Shares
Exhibit B                   --     Investors
Exhibit C                   --     Spousal Consent

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                             SHAREHOLDERS AGREEMENT

      THIS SHAREHOLDERS AGREEMENT (this "Agreement"), is made and entered into
as of August 13, 1999, by and among DYNACS ENGINEERING COMPANY, INC., a Florida
corporation (the "Company"), the shareholders of the Company whose names appear
on Exhibit A to this Agreement (collectively referred to in this Agreement as
the "Existing Shareholders" and each as an "Existing Shareholder"), and those
persons whose names appear on Exhibit B to this Agreement (collectively referred
to in this Agreement as the "Investors" and each as an "Investor"). The Existing
Shareholders and the Investors are collectively referred to in this Agreement,
together with all other persons who may hereafter become parties to this
Agreement, as the "Shareholders".

                                    RECITALS

      A. As of the date of this Agreement, the Existing Shareholders own of
record and beneficially the number of shares of common stock, par value $.001
per share, of the Company (the "Common Stock") set forth opposite their
respective names on Exhibit A, constituting 100% of the outstanding equity
securities of the Company.

      B. Upon consummation of the transactions contemplated by that certain
Contribution and Exchange Agreement, dated as of August 12, 1999, by and among
the Company, Cerulean FXs, Inc., a Florida corporation ("FX"), Cerulean
Colorization, L.L.C., a Delaware limited liability company ("Cerulean"), and the
Investors (the "Contribution Agreement"), Cerulean will become a wholly-owned
subsidiary of FX, the Company will acquire 80,000 shares of common stock, par
value $0.01 per share, of FX (the "FX Common Stock"), and the Investors will
acquire an aggregate of 20,000 shares of FX Common Stock.

      C. Concurrently with or prior to the execution of this Agreement, the
Company, Ramendra P. Singh and the Investors have executed that certain Exchange
Agreement (the "Exchange Agreement") which provides, among other things, for the
issuance to the Investors of shares of Common Stock in exchange for the shares
of FX Common Stock held by the Investors upon the occurrence of certain events.

      D. It is a condition to the consummation of the transactions contemplated
by the Contribution Agreement that this Agreement be entered into by the
Company, the Existing Shareholders and the Investors.

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                                A G R E E M E N T

      NOW, THEREFORE, in consideration of the foregoing premises and of the
mutual covenants and agreements contained in this Agreement, on the terms and
subject to the conditions set forth in this Agreement, the parties to this
Agreement agree as follows:

      1. Definitions Capitalized terms used in this Agreement and not defined in
this Agreement shall have the meanings given those terms in the Contribution
Agreement. Otherwise, the following terms have the following meanings, unless
the context otherwise requires:

            "1998 Shareholders' Agreement" means that certain Shareholders'
Agreement, dated October 21, 1998, among the Company, Ramendra P. Singh, Robert
E. Skelton, Peter Likins, Javier E. Benavente, Jayant Ramakrishnan, Harry W.
Schubele III and Ravi Venugopal.

            "Affiliate" means, with respect to a specified Person, any Person
that directly or indirectly through one or more intermediaries controls or is
controlled by, or is under common control with, the specified Person.

            "Business day" means a day other than Saturday, Sunday or other day
on which commercial banks in New York, New York, are authorized or required by
law to close.

            "Buy-Sell Agreement" means that certain Buy-Sell Agreement, dated
March, 1996, among the Company, Ramendra P. Singh, Robert E. Skelton and Peter
Likins.

            "CoSale Period" and "CoSale Right" have the respective meanings set
forth in Section 6 of this Agreement.

            "Exchange Act" means the Securities Exchange Act of 1934, as
amended.

            "Exchange Shares" means the shares of Common Stock that may be
issued by the Company to the Investors pursuant to the terms of the Exchange
Agreement.

            "Fair Market Value" means (i) with respect to the Shares, the price
determined pursuant to Section 6(d) of this Agreement; and (ii) with respect to
any property other than the Shares with respect to which the fair market value
is to be determined, the price of the property that a willing buyer would pay in
an all-cash transaction with an equally willing seller in the event of a
disagreement regarding the Fair Market Value of property other than the Shares,
the resolution procedures of Section 6(d) shall apply.

            "Family Member" means, with respect to any Person, any descendant of
the grandfather of the Person, the Person's spouse or any descendant of the
grandfather of the Person's spouse.

            "FGCA" means the Florida General Corporation Act.

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            "Involuntary Transfer" and "Involuntary Transfer Event" shall have
the respective meanings set forth in Section 6 of this Agreement.

            "Member Representative" shall have the meaning given such term in
Section 2.2 of the Contribution Agreement.

            "Offered Price", "Offered Shares", "Offered Terms and Conditions"
and "Other Shareholders" have the respective meanings set forth in Section 4 of
this Agreement.

            "Person" means any individual, corporation, partnership, firm,
joint venture, association, joint-stock company, trust, incorporated
organization or other entity.

            "pro rata" means, with respect to any determination, that the
determination is based on the relative percentages of Shares then held by all of
the Shareholders after giving pro forma effect to the issuance by the Company,
and the ownership by the Investors, of all of the Exchange Shares at the time
the determination is made, as if all of the Exchange Shares had been then
issued.

            "Proposed Transferee" has the meaning set forth in Section 3(c) of
this Agreement.

            "Qualified Public Offering" means the closing of (i) an underwritten
public offering of the Common Stock pursuant to an effective registration
statement filed with the Securities and Exchange Commission under the Securities
Act, or (ii) a merger of the Company with and into another entity pursuant to
which the shareholders of the Company immediately prior to the effective date of
the merger receive, upon consummation of the merger, shares of voting securities
of the surviving entity or its parent that are registered under Section 12 of
the Exchange Act and trade on the New York Stock Exchange, the American Stock
Exchange, the Nasdaq National Market or the Nasdaq SmallCap Market.

            "Sale of Voting Control" means any transfer, or series of related
transfers, of Shares to any Person who, in the aggregate with all Family Members
and Affiliates of such Person, and any other Persons who are part of a syndicate
or group (as defined in Section 13(d)(3) of the Exchange Act) with such Person,
would (after giving effect to the transfer but disregarding any Shares held by
the Person, his or her Family Members and Affiliates, and syndicate or group
prior to the transfer) own Shares constituting more than 50% of the voting power
of the then issued and outstanding Shares (after giving pro forma effect to the
issuance by the Company, and the ownership by the Investors, of all of the
Exchange Shares at the time the determination is made, as if all of the Exchange
Shares had been then issued).

            "Securities Act" means the Securities Act of 1933, as amended.

            "Shares" means any shares of Common Stock subject to this Agreement.

            "Stock Subscription Agreements" means, collectively, (i) that
certain Stock Subscription Agreement, dated February 3, 1996, between the
Company and Ravi Venugopal, (ii) that certain Stock Subscription Agreement,
dated February 3, 1996, between the Company and Jayant Ramakrishnan, (iii) that
certain Stock Subscription Agreement, dated February 3, between the

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Company and Harry W. Schubele, and (iv) that certain Stock Subscription
Agreement, dated February 3, 1996, between the Company and Javier Benavente.

            "transfer" means any sale, assignment, transfer, pledge,
hypothecation, gift, encumbrance or other disposition of Shares.

            "Transferee", "Transferor" and "Transfer Notice" have the
respective meanings set forth in Section 4 of this Agreement.

      2. Restrictions on Transfer.

            (a) General Restrictions. During the term of this Agreement, none of
the Shares now owned or acquired after the date of this Agreement by any of the
Shareholders may be transferred unless and until:

                  (i) the transfer of Shares shall be made in accordance with
the provisions of this Agreement;

                  (ii) the proposed recipient of the Shares shall have delivered
to the Company a signed counterpart of this Agreement or a written
acknowledgment for the benefit of the parties to this Agreement, that the Shares
to be received in the proposed transfer are subject to this Agreement and that
the proposed recipient and his successors in interest are and will be bound by
this Agreement and agree to comply with the provisions of this Agreement
relating to the transferred Shares; and

                  (iii) the transfer shall have been made pursuant to an
effective registration under the Securities Act and any applicable state
securities laws, or an exemption from registration, and prior to any transfer
the Shareholder proposing to transfer Shares shall have delivered to the Company
(A) notice describing the manner and circumstances of the proposed transfer
(copies of which the Company shall furnish to each Shareholder following receipt
of the notice by the Company) and (B) if requested by the Company, a written
opinion of legal counsel, which shall be reasonably satisfactory to the Company
and its counsel, to the effect that the proposed transfer of Shares may be
effected without registration under the Securities Act and any applicable state
securities laws.

ANY ATTEMPTED TRANSFER OF SHARES OTHER THAN IN ACCORDANCE WITH THIS AGREEMENT
SHALL BE NULL AND VOID AND THE COMPANY MAY REFUSE TO (i) RECOGNIZE THE TRANSFER
AND NOT REFLECT IN ITS RECORDS ANY CHANGE IN RECORD OWNERSHIP OF SHARES PURSUANT
TO THE TRANSFER AND (ii) TREAT AS OWNER OF THE SHARES OR TO ACCORD THE RIGHT TO
VOTE AS THE OWNER OF THE SHARES OR TO PAY DIVIDENDS TO ANY TRANSFEREE TO WHOM
THE SHARES SHALL HAVE BEEN TRANSFERRED.

            (b) Closing of Permitted Transfers. The closing of any transfer of
Shares permitted pursuant to this Agreement shall take place at the principal
executive offices of the Company unless otherwise agreed by the parties involved
in the transfer. Any Shareholder which

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transfers Shares shall (i) do all things and execute and deliver all papers as
may be necessary or reasonably requested by the Company in order to consummate
the transfer of the Shares, (ii) pay all amounts as may be required for any
applicable stock transfer taxes, and (iii) pay to the Company any expenses
reasonably incurred by the Company in connection with the transfer (including
reasonable attorneys' fees).

      3. Permitted Transfers of Shares. Subject to Section 2 of this Agreement,
any Shareholder may transfer Shares in accordance with the terms and conditions
of this Section 3.

            (a) Shareholder Transfers. Any Shareholder may transfer any or all
of his Shares as follows:

                  (i) to any third party, provided that (A) the transferee
satisfies the requirements of Section 3(c) of this Agreement, (B) the Shares are
first offered for sale to the Company and all other Shareholders in accordance
with the procedures in Section 4 of this Agreement, and (C) if the transfer
involves a Sale of Voting Control, it shall be made subject to the provisions of
Section 5 of this Agreement; except that the foregoing provisos shall not apply
to a transfer to the Family Members of a Shareholder or a trust, investment fund
or other legal entity pursuant to Section 3(b); or

                  (ii) to the Company.

            (b) Transfers to Family Members, Trusts or Other Legal Entities. Any
Shareholder may transfer all or a portion of their respective Shares, by death
or inter vivos, (i) to any of the Shareholder's Family Members, (ii) to any
trust established solely for the benefit of the Shareholder or one or more of
the Shareholder's Family Members, or to any legal entity in which the
Shareholder or any of these Persons are the sole beneficial owners, or (iii) if
the Shareholder is an investment fund, to any other investment fund in which the
general partner or investment advisor of the Shareholder is the general partner
or investment advisor of the other investment fund. Any Shares transferred to
the executor of an estate, in the case of death, to any Family Member, or to any
trust, investment fund or other legal entity described above in subsection
(ii) or (iii) of this paragraph, shall be subject to the provisions of this
Agreement. No transfer of Shares may be made to any of the foregoing Persons
unless and until the Person delivers to the Company a signed counterpart of this
Agreement or a written acknowledgment that the Shares to be received in the
proposed transfer are subject to this Agreement and that the Person and his
successors in interest are bound by this Agreement and agree to comply with its
terms. Any attempted transfer of Shares to any of the foregoing Persons other
than in accordance with this Section 3(b) shall be null and void and the Company
will refuse to recognize the transfer and not reflect in its records any change
in record ownership of Shares pursuant to the transfer, and the Company will
refuse to treat as owner of the Shares or to accord the right to vote as the
owner or to pay dividends to any transferee to whom the shares shall have been
transferred.

            (c) Qualified Transferees. Except as provided in Section 3(a)(ii)
and/or Section 3(b), no Shareholder shall transfer any Shares pursuant to the
provisions of this Agreement unless the person or group of related persons who
collectively are the proposed transferee (the "Proposed

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Transferee") meets each of the following criteria and delivers a certificate
executed by the Proposed Transferee and addressed to the Company and each of the
Shareholders certifying that:

                  (i) the Proposed Transferee is not acting in concert with or
on behalf of the transferor or any affiliate of the transferor with the purpose
of evading, avoiding or impairing any of the Shareholders' rights of first
refusal under Section 4 of this Agreement, co-sale rights under Section 5 of
this Agreement or purchase rights under Section 6 of this Agreement.

                  (ii) the Proposed Transferee is acquiring the Shares for his
own account and not as an agent, bailee or nominee or on behalf of any person or
with a view toward resale of the Shares;

                  (iii) the Proposed Transferee is not engaged in a business
substantially similar to or which is otherwise in competition with the
then-existing businesses of the Company, nor serving as an employee, officer,
director or stockholder, directly or indirectly and whether as principal, agent
or employee or otherwise, of any entity engaged in such business, or acting
alone or in association with any individual or any other entity carrying on,
engaging in, employed by or taking part in, consulting or advising or owning,
sharing in the earnings of, or financing, whether as lender, investor or
otherwise, any entity engaged in such business; provided, that it shall be
permissible for the Proposed Transferee to invest in stock, bonds or other
securities of an entity competing with the Company if (A) the stock, bonds or
other securities are listed on any national securities exchange or have been
registered under Section 12(g) of the Exchange Act, and (B) the investment does
not equal or exceed, in the case of any class of capital stock of any one
issuer, 1% of the issued and outstanding shares of the capital stock, or, in the
case of bonds or other securities, 1% of the aggregate principal amount thereof
issued and outstanding; and

                  (iv) the Proposed Transferee has reviewed the Transfer Notice
delivered to the Shareholders pursuant to Section 4(a) of this Agreement and
represents that (A) the Transaction Notice is true and correct, (B) the offer
referred to in the Transaction Notice constitutes a bona-fide offer to purchase
the referenced shares, (C) the Proposed Transferee is ready, willing and able to
consummate the transaction described in the Transaction Notice; and (D) the
Transfer Notice contains a true and complete description of the material terms
of all material contracts, agreements, understandings and other arrangements,
oral or written, relating to the purchase of securities.

      4. Right of First Refusal. Other than (i) a transfer under Section
3(a)(ii) to the Company, or (ii) a transfer under Section 3(b) to the Family
Members of a Shareholder or a trust, investment fund or other legal entity
described in Section 3(b), Shares may be sold to any person or group of related
persons (collectively, the "Transferee") only after compliance with the
provisions of this Section 4 and in accordance with the other provisions of this
Agreement.

            (a) Transfer Notice. Any Shareholder proposing to make a transfer of
Shares (the "Transferor") shall deliver a written notice of the proposed
transfer (the "Transfer Notice") to the Company and to each of the other
Shareholders entitled to receive an offer to purchase under the provisions of
this Agreement (the "Other Shareholders"). The Transfer Notice shall contain a
description of the proposed transaction and the terms of the proposed
transaction, including (i) the number of Shares to be transferred (the "Offered
Shares"), (ii) the name of the Transferee, including,

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specifically, the name of each person to whom or in favor of whom the proposed
transfer is to be made, (iii) the per share price at which the Offered Shares
are proposed to be sold to the Transferee (the "Offered Price"), (iv) the terms
of payment of the Offered Price and the other terms and conditions to the
proposed sale to the Transferee (the "Offered Terms and Conditions"), and (iv)
an offer to the Company and the Other Shareholders to sell to them the Offered
Shares on the same terms and conditions as contained in the Transfer Notice.
Notwithstanding the foregoing, if the proposed sale of the Offered Shares to the
Transferee provides for consideration other than solely cash and/or promissory
notes, the Company and the Other Shareholders shall have the right to purchase
the Shares for, in lieu of the consideration, cash in an amount equal to the
Fair Market Value of the consideration and in such case, the Transfer Notice
shall state the Transferor's estimate of the Fair Market Value of the
consideration, which shall be binding upon the Transferee (but not the Company
or the Other Shareholders).

            (b) Acceptance. The offer may be accepted only by giving written
notice of acceptance to the Transferor within 30 days of receipt of the Transfer
Notice. Each of the Other Shareholders who accept the offer (the "Subscribing
Shareholders") shall also deliver a copy of their notice of acceptance to the
Company. A Subscribing Shareholder may subscribe in its acceptance for any
portion or all of the Offered Shares.

            (c) Allocation of Offered Shares. The number of Offered Shares
purchased by the Company and each Subscribing Shareholder shall be determined as
follows:

                  (i) the Company shall have the right to purchase all or any
portion of the Offered Shares;

                  (ii) each Other Shareholder shall have the right to purchase
his pro rata share of an amount of Shares equal to the Offered Shares minus the
number of Shares purchased by the Company;

                  (iii) if any Offered Shares remain unallocated and all
subscriptions from Subscribing Shareholders have not been filled, the balance of
the unallocated Offered Shares shall be iteratively offered and allocated pro
rata by the Company among the Subscribing Shareholders whose subscriptions have
not been filled until either all the Offered Shares have been allocated or all
subscriptions have been filled.

            (d) Transfer to Subscribing Shareholders. If the Offered Shares have
been fully subscribed for, the Company shall give written notice to that effect
to the Transferor and all Subscribing Shareholders, stating the number of
Offered Shares allocated to the Company and each Subscribing Shareholder, and
the transfer of the Offered Shares shall thereafter be effected between the
Transferor, the Company and the Subscribing Shareholders upon all of the
applicable terms and conditions set forth in the Transfer Notice.

            (e) Transfer to Transferee. If the Company and the Subscribing
Shareholders, in the aggregate, have not elected to purchase all of the Offered
Shares, the Company shall give written notice to that effect to the Transferor
and all Subscribing Shareholders, the subscriptions of the Company and each of
the Subscribing Shareholders shall automatically be void, and, subject to the

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provisions of Section 5 of this Agreement, the Transferor may sell the Offered
Shares to the Transferee, provided, that the sale is consummated within 60 days
of the date the Transfer Notice was received by the Company, and provided,
further, that the sale is in accordance with all the Offered Terms and
Conditions (or otherwise on terms and conditions of the transaction no more
favorable to the Transferee than the terms and conditions on which the Offered
Shares were proposed to be sold to the Company or the Other Shareholders, as set
forth in the Transfer Notice) and upon the terms and conditions set forth in
this Agreement. If the Transferor does not consummate the sale of the Offered
Shares to the Transferee within said 60 day period, the Offered Shares will
thereafter again be subject to this Section 4.

      5. CoSale Right in Sale of Voting Control

            (a) Rights of CoSale. If at any time a Transferor, acting alone or
with his Family Members or Affiliates, proposes to transfer Shares in a Sale of
Voting Control to a Transferee, and the Company and the Other Shareholders are
not purchasing the Shares pursuant to the provisions of Section 4 above, each
Other Shareholder which notifies the Transferor in writing within 20 days (the
"CoSale Period") after receipt of the notice from the Company described in
Section 4(e) above, shall have the right (the "CoSale Right") to sell to the
Transferee at the Offered Price and upon the Offered Terms and Conditions a
portion of the number of Shares the Transferor proposes to sell to the
Transferee that is equal to (i) the number of Shares owned by the Other
Shareholder and any of his or its Family Members and Affiliates, multiplied by
(ii) a fraction equal to (x) the number of Shares proposed to be sold to the
Transferee by the Transferor and any of his Family Members and Affiliates,
divided by (y) the total number Shares owned by the Transferor and any of his
Family Members and Affiliates; whereupon the Transferor will assign so much of
its interest in the agreement of sale as each Other Shareholder shall be
entitled to and shall request pursuant to this Section 5(a), the number of
Shares to be sold by the Transferor will be reduced by the aggregate number of
Shares to be sold by each Other Shareholder, each Other Shareholder will assume
the part of the obligations of the Transferor under the agreement of sale as
shall relate to the sale of securities by the Other Shareholder and the
Transferor shall not sell any Shares to the Transferee unless the Transferee
concurrently purchases the appropriate number of Shares from each Other
Shareholder who has exercised his or its right to sell under this Section 5(a).

            (b) Exercise of CoSale Right. Each of the Other Shareholders who
exercises his or its CoSale Right by delivering to the Transferor during the
CoSale Period notice of intent to exercise shall include in the notice the
number of Shares that the Other Shareholder elects to transfer, which number may
not, without the consent of the Transferor, exceed the number of Shares the
Other Shareholder is permitted to sell pursuant to the CoSale Right. At the
closing of the transfer, each Other Shareholder must provide for sale to the
Transferee, free and clear of all liens and rights of third parties, the one or
more certificates, properly endorsed for transfer or accompanied by stock powers
duly executed in blank, which represent the number of Shares which the Other
Shareholder elects to transfer pursuant to the exercise of his or its CoSale
Right. In the event the certificate or certificates representing the Shares
evidences a greater number of Shares than that elected to be transferred, the
Other Shareholder shall deliver the certificate or certificates to the Company
prior to the closing of the transfer with instructions for the Company to
promptly re-issue new certificates in proper denominations to effect the
transfer. Each Other Shareholder agrees to make the representations and
warranties regarding the Company and its Subsidiaries and his or its ownership

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of the Shares as the Transferor may be required to make to the Transferee,
provided, such representations and warranties shall be reasonably acceptable to
the Other Shareholder and provided, further, that the Other Shareholder's
liabilities for breach of the representations and warranties shall be limited to
the Other Shareholder's proceeds of the sale of his or its Shares pursuant to
the exercise of the CoSale Right, and provided, further, that if any Other
Shareholder is not involved in the business of the Company, any representations
or warranties that the Other Shareholder is required to make to the Transferee
with respect to the business of the Company shall be limited to the best
knowledge of the Other Shareholder.

      6. Other Transfers of Shares.

            (a) Involuntary Transfers. Any one or more of the following events
or conditions ("Involuntary Transfers") shall be deemed to constitute an offer
to transfer Shares held by any Shareholder:

                  (i) the event that (A) the Shareholder is adjudicated a
bankrupt, or (B) any action of any nature whatsoever (whether voluntary or
involuntary) is taken for the Shareholder's relief under any bankruptcy,
reorganization, receivership, liquidation, insolvency, compromise, arrangement
or moratorium statute, law or regulation, whether now in force or hereafter
enacted, or (C) any assignment is made for the benefit of the Shareholder's
creditors, or (D) any petition (whether voluntary or involuntary) is made or
filed for the appointment of a receiver, liquidator, trustee or custodian for
any of the Shareholder's assets, or if any receiver, liquidator, trustee or
custodian for any of the Shareholder's assets is appointed, and the petition or
the receiver, liquidator, trustee or custodian is not withdrawn or discharged
within 30 days from the date of filing, making or appointment, or (E) the
Shareholder acknowledges in writing that he or it has become unable to pay its
debts as they become due, or (F) the Shareholder is dissolved or its business is
substantially terminated for any reason whatsoever;

                  (ii) a determination that the Shareholder is incompetent, and
for this purpose an individual shall be deemed to be incompetent one year
following the occurrence, without subsequent revocation or annulment within the
one year period, of any of the following actions: (a) a conservator of the
person or estate has been appointed for the individual, (b) a court with
jurisdiction has determined that the individual is incompetent or lacks
capacity, or (c) two licensed physicians have certified in writing that in their
opinion the individual is substantially unable to manage his or her financial
resources or resist fraud or undue influence; or

                  (iii) any other event which, were it not for the provisions of
this Agreement, would cause any Shares, or any interest therein, to be
transferred, for consideration or otherwise, to any person, whether voluntarily,
involuntarily, or by operation of law under circumstances not constituting
approved means of transfer under this Agreement.

Nothing in this Section 6(a) shall be deemed to authorize any transfer not
expressly permitted under Section 3 of this Agreement. Any purported transfer of
any Shares in violation of any of the provisions of this Agreement shall be void
and shall not be recognized by the Company and the purported transferee shall
not be entitled to vote or receive any dividends on or distributions or payments
with respect to the Shares.

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            (b) Purchase Rights. Upon the occurrence of any event specified in
Section 6(a) (an "Involuntary Transfer Event"), first the Company and then the
other Shareholders pro rata shall have the right to purchase the Shares as if
the Shareholder had made an offer to sell the Shares.

            (c) Purchase Procedures. Within 90 days after the occurrence of an
Involuntary Transfer Event, the Shareholder or his trustee in bankruptcy,
personal representative, conservator, or guardian (as appropriate) shall give
notice to the Company of the Involuntary Transfer Event, specifying the date of
the event and describing in reasonable detail the nature of the Involuntary
Transfer Event and the number of Shares affected. The notice shall be deemed to
be an offer to sell the Shares affected by the Involuntary Transfer Event first
to the Company and then the Other Shareholders pro rata at a price, in cash,
equal to the Fair Market Value of the Shares. If the Company has not received
the notice required by this Section 6(c), upon the expiration of the 90-day
period, any shareholder, director or officer of the Company who has knowledge of
the event may give notice to the Company at any time, and each Shareholder
hereby agrees that any such notice shall be deemed to be an offer on behalf of
the Shareholder or his estate to sell the Shares affected by the event delivered
as required by the first sentence of this Section 6(c). The offer to sell the
Shares affected by the event may be accepted by the Company at any time within
30 days after receipt of the offer by the Company. If the Company does not elect
to purchase all of the Shares, any remaining Shares affected by the event shall
be offered to the other Shareholders in accordance with the allocation
procedures set forth in Section 4(c) of this Agreement. The Company and, if the
Company declines to purchase all of the Shares, the other Shareholders shall
have the right to purchase all or any portion of the Shares offered for sale
pursuant to this Section 6(c).

            (d) Determination of Fair Market Value of Shares Procedures. At the
time the Company or, if the Company declines to exercise the option for any
reason, a Shareholder (in either case, a "Purchaser") first exercises its option
to purchase Shares from a Shareholder under this Section 6, the Purchaser shall
submit to the Shareholder or his estate a written estimate of the per share Fair
Market Value of the Common Stock. The valuation shall be conclusive on the
Shareholder unless the Shareholder responds in a like manner within 30 days
following receipt of the Purchaser's estimate. If the Shareholder and the
Purchaser do not reach agreement as to the per Share Fair Market Value within 45
days following the Purchaser's exercise of its option to purchase, the
determination of the per share Fair Market Value shall be made by arbitration.
Only one arbitration proceeding may be conducted pursuant to this Section 6(d)
in connection with each sale of Shares upon an Involuntary Transfer Event. Once
arbitration proceedings have been commenced under this Section 6(d), no other
Purchaser may bring arbitration proceedings in connection with the same
transaction unless the arbitration proceedings are terminated without a
determination of Fair Market Value. To institute arbitration proceedings, the
Purchaser shall appoint an independent qualified appraiser, and notify the
Shareholder and the other Shareholders of his or its election. If the
Shareholder does not deliver written notice of appointment of another
independent qualified appraiser within 10 days after receipt of the Purchaser's
notice, the Purchaser's appraiser shall determine Fair Market Value. If the
Shareholder delivers the notice, the two appraisers shall appoint a third
independent qualified appraiser who shall determine the Fair Market Value. The
determination of the Fair Market Value completed in the manner provided in this
Section 6(d) shall be conclusive and binding upon the Shareholder and the
Purchaser, and all other parties to this Agreement. In no event, however, shall
the Fair Market Value determined by the arbitrator or arbitrators be outside of
the range of estimates of the Fair Market Value submitted by the Purchaser and
the Shareholder. The

                                       10
<PAGE>   14

cost of the appraisal shall be paid by the party whose estimate of Fair Market
Value most varies from the value determined by the arbitrator (or if the
parties' estimates vary equally, the cost of the appraisal share be borne
equally between them). In connection with these valuations, the Company will, on
a confidential basis, deliver or provide access to each appraiser of all
information reasonably requested by the appraiser in order to determine the Fair
Market Value.

      7. Restrictive Endorsement on Share Certificates. The face of each
certificate representing Shares now or hereafter held by a Shareholder shall be
stamped with a legend in substantially the following form:

      "THE SECURITIES EVIDENCED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED
      UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "ACT"), OR ANY STATE
      SECURITIES LAWS, HAVE BEEN TAKEN FOR INVESTMENT, AND MAY NOT BE SOLD OR
      OFFERED FOR SALE IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT
      UNDER THE ACT AND ANY APPLICABLE STATE SECURITIES LAW OR AN OPINION OF
      COUNSEL SATISFACTORY TO THE COMPANY THAT REGISTRATION IS NOT REQUIRED."

      "THE SHARES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO A SHAREHOLDERS
      AGREEMENT DATED AS OF AUGUST 13, 1999, AS AMENDED FROM TIME TO TIME, A
      COPY OF WHICH IS ON FILE AT THE OFFICE OF THE COMPANY AND WILL BE
      FURNISHED TO ANY PROSPECTIVE PURCHASERS ON REQUEST. THE SHAREHOLDERS
      AGREEMENT PROVIDES, AMONG OTHER THINGS, FOR CERTAIN RESTRICTIONS ON THE
      SALE, TRANSFER, PLEDGE, HYPOTHECATION OR OTHER DISPOSITION OF THE SHARES
      REPRESENTED BY THIS CERTIFICATE."

      8. Agreements of Certain Spouses. This Agreement has been executed by the
respective spouses (the "Spouses") of the married Shareholders who are residents
of the State of California, each of whom may claim a community property or other
interest in the Shares from time to time held by his spouse (the "Community
Shares"). Each Spouse hereby represents and agrees that he or she has read and
understands the provisions of this Agreement and the effect of the provisions on
any community property or other interest he or she may have in the Community
Shares, including, among other things, the options of the Company and the
Shareholders other than his or her spouse to purchase the Shares pursuant to
this Agreement and the restrictions on Transfer of the Shares pursuant to
Section 2 of this Agreement.

      9. Termination of Existing Agreements. Effective as of the date of this
Agreement, each and every provision of the 1998 Shareholders' Agreement and the
Buy-Sell Agreement, and Sections 6 through 19 of each of the Stock Subscription
Agreements, shall terminate and be of no further force or effect.

      10. Board of Directors. The Company and the Existing Shareholders agree to
use their best efforts to cause two nominees designated by the Member
Representative to be elected and

                                       11
<PAGE>   15

continued in office as directors of each of the Company and FX until a Qualified
Public Offering and for so long as the Holders own in the aggregate at least 5%
of the outstanding shares of Company Common Stock assuming (if the Exchange has
not previously occurred) the issuance by the Company of the Exchange Shares to
the Holders effective as of the record date established by the Board of
Directors of the Company for determining the shares of Company Common Stock
entitled to vote for the election of directors. The Company and the Existing
Stockholder will use their best efforts to cause the two nominees to be elected
or appointed to the Board of Directors of each of the Company and FX within 30
days following the date of this Agreement.

      11. Miscellaneous

            (a) Notices. Any and all notices, designations, consents, offers,
acceptances, or any other communications provided for in this Agreement shall be
given in writing by hand delivery or registered or certified mail which shall be
addressed, (i) in the case of the Company, to 5111 U.S. Highway 19 North, Suite
300, Palm Harbor, Florida 34684, Attn: President, and (ii) in the case of any
Shareholder, to the address of the party in records of the Company (or to such
other addresses as may be designated by the party). Except as otherwise provided
in this Agreement, each notice shall be deemed given at the time it is received.

            (b) Amendment. Except as hereinafter provided no change or
modification of this Agreement shall be valid unless the same shall have been in
writing and signed by (i) all of the Shareholders and (ii) the Company. This
Agreement shall be automatically amended to include any additional Shareholders
who execute a counterpart of this Agreement.

            (c) Termination. This Agreement shall terminate and expire on the
earliest to occur of (i) a Qualified Public Offering, and (ii) January 15, 2029;
provided, however, that this Agreement may be terminated at any time by an
instrument in writing signed by (x) all of the Shareholders and (y) the Company;
and provided, further, however, that the term of this Agreement may be extended
beyond January 15, 2029 if, at any time prior to such date, all of the parties
extend its duration for as many additional periods as they may desire. Whenever
the restrictions imposed hereby shall terminate, as hereinabove provided, the
holder of the Shares as to which such restrictions shall have terminated shall
be entitled to receive from the Company, without expense, a new stock
certificate or certificates not bearing the restrictive legend set forth in this
Agreement, and not containing any other reference to the restrictions imposed
hereby.

            (d) Waiver. No failure or delay on the part of the Shareholders or
any of them in exercising any right, power or privilege hereunder, and no course
of dealing between the Company and the Shareholders or any of them shall operate
as a waiver thereof nor shall any single or partial exercise of any right, power
or privilege hereunder preclude the simultaneous or later exercise of any other
right, power or privilege. The rights and remedies in this Agreement expressly
provided are cumulative and not exclusive of any rights or remedies which the
Shareholders or any of them would otherwise have. No notice to or demand on the
Company in any case shall entitle the Company to any other or further notice or
demand in similar or other circumstances or constitute a waiver of the rights of
the Shareholders or any of them to take any other or further action in any
circumstances without notice or demand.

                                       12
<PAGE>   16

            (e) Equitable Relief. The parties to this Agreement agree and
declare that legal remedies may be inadequate to enforce the provisions of this
Agreement and that equitable relief including specific performance and
injunctive relief, may be used to enforce the provisions of this Agreement.

            (f) Counterparts. This Agreement maybe executed in two or more
counterparts, each of which shall be deemed to be an original, but all of which
together shall constitute one and the same instrument.

            (g) Construction. When necessary, the masculine shall include the
feminine or neuter and the singular shall include the plural and vice versa.

            (h) Governing Law. This Agreement shall be governed and construed in
accordance with the laws of the State of California, without regard to conflicts
of law principles thereof.

            (i) Benefit and Binding Effect. This Agreement shall be binding upon
and shall inure to the benefit of the Company, its successors and assigns, and
each of the Shareholders and their respective executors, administrators and
personal representatives and heirs and their successors and assigns. In the
event that any part of this Agreement shall be held to be invalid or
unenforceable, the remaining parts thereof shall nevertheless continue to be
valid and enforceable as though the invalid portions were not a part of this
Agreement. Except as expressly provided above, this Agreement does not create,
and shall not be construed to create, any rights enforceable by any person not a
party to this Agreement.

            (j) Future Spousal Consents. Each Shareholder who is a resident of
the State of California and is not presently married agrees to use his best
efforts to cause any future spouse to execute and deliver to the Company a
signed counterpart of the spousal consent attached to this Agreement as Exhibit
C.

            (k) Further Assurances. Each party to this Agreement agrees to
perform any further acts and to execute and deliver any further documents that
may be reasonably necessary to carry out the provisions of this Agreement,
including without limitation any voting trust agreement or irrevocable proxy,
that may be required to secure performance of any Shareholder's duties under
this Agreement or assure the legal, binding effect of the provisions of this
Agreement under the Florida General Corporation Act in each case as the same may
from time to time be amended.

                                       13
<PAGE>   17

      IN WITNESS WHEREOF, the parties to this Agreement have signed this
Agreement as of the day and year first above written.

                                        DYNACS ENGINEERING COMPANY INC.,
                                        a Florida corporation

                                        By: /s/ Ramendra P. Singh
                                           -------------------------------------
                                           Ramendra P. Singh
                                        Its: President

                                        THE EXISTING SHAREHOLDERS

                                        /s/ Ramendra P. Singh
                                        ----------------------------------------
                                        Ramendra P. Singh

                                        ----------------------------------------
                                        Peter Likins

                                        ----------------------------------------
                                        Robert Skelton

                                        /s/ Javier E. Benavente
                                        ----------------------------------------
                                        Javier E. Benavente

                                        /s/ Javant Ramakrishnan
                                        ----------------------------------------
                                        Javant Ramakrishnan

                                        /s/ Harry W. Shubele III
                                        ----------------------------------------
                                        Harry W. Shubele III

                                        /s/ Ravi Venugopal
                                        ----------------------------------------
                                        Ravi Venugopal

                                        ----------------------------------------
                                        Ramesh Venugopal

                    [SIGNATURES CONTINUED ON FOLLOWING PAGE]

                                       14
<PAGE>   18

      IN WITNESS WHEREOF, the parties to this Agreement have signed this
Agreement as of the day and year first above written.

                                        DYNACS ENGINEERING COMPANY INC.,
                                        a Florida corporation

                                        By: /s/ Ramendra P. Singh
                                           -------------------------------------
                                           Ramendra P. Singh
                                        Its: President

                                        THE EXISTING SHAREHOLDERS

                                        ----------------------------------------
                                        Ramendra P. Singh

                                        /s/ Peter Likins
                                        ----------------------------------------
                                        Peter Likins

                                        ----------------------------------------
                                        Robert Skelton

                                        ----------------------------------------
                                        Javier E. Benavente

                                        ----------------------------------------
                                        Javant Ramakrishnan

                                        ----------------------------------------
                                        Harry W. Shubele

                                        ----------------------------------------
                                        Ravi Venugopal

                                        ----------------------------------------
                                        Ramesh Venugopal

                    [SIGNATURES CONTINUED ON FOLLOWING PAGE]

                                       14
<PAGE>   19

      IN WITNESS WHEREOF, the parties to this Agreement have signed this
Agreement as of the day and year first above written.

                                        DYNACS ENGINEERING COMPANY INC.,
                                        a Florida corporation

                                        By: /s/ Ramendra P. Singh
                                           -------------------------------------
                                           Ramendra P. Singh
                                        Its: President

                                        THE EXISTING SHAREHOLDERS

                                        ----------------------------------------
                                        Ramendra P. Singh

                                        ----------------------------------------
                                        Peter Likins

                                        /s/ Robert Skelton
                                        ----------------------------------------
                                        Robert Skelton

                                        ----------------------------------------
                                        Javier E. Benavente

                                        ----------------------------------------
                                        Javant Ramakrishnan

                                        ----------------------------------------
                                        Harry W. Shubele

                                        ----------------------------------------
                                        Ravi Venugopal

                                        ----------------------------------------
                                        Ramesh Venugopal

                    [SIGNATURES CONTINUED ON FOLLOWING PAGE]

                                       14
<PAGE>   20

      IN WITNESS WHEREOF, the parties to this Agreement have signed this
Agreement as of the day and year first above written.

                                        DYNACS ENGINEERING COMPANY INC.,
                                        a Florida corporation

                                        By: /s/ Ramendra P. Singh
                                           -------------------------------------
                                           Ramendra P. Singh
                                        Its: President

                                        THE EXISTING SHAREHOLDERS

                                        ----------------------------------------
                                        Ramendra P. Singh

                                        ----------------------------------------
                                        Peter Likins

                                        ----------------------------------------
                                        Robert Skelton

                                        ----------------------------------------
                                        Javier E. Benavente

                                        ----------------------------------------
                                        Javant Ramakrishnan

                                        ----------------------------------------
                                        Harry W. Shubele

                                        ----------------------------------------
                                        Ravi Venugopal

                                        /s/ Ramesh Venugopal
                                        ----------------------------------------
                                        Ramesh Venugopal

                    [SIGNATURES CONTINUED ON FOLLOWING PAGE]

                                       14
<PAGE>   21

                             [SIGNATURES CONTINUED]

                                        INVESTORS

                                        /s/ Michael Burns
                                        ----------------------------------------
                                        Michael Burns

                                        ----------------------------------------
                                        William Dallas

                                        ----------------------------------------
                                        Jon Feltheimer

                                        OFFENSE GROUP ASSOCIATES, LP

                                        By:   Kaim NT, LP
                                        Its:  General Partner

                                        By: ____________________________________

                                        Its: ___________________________________

                                       15
<PAGE>   22

                             [SIGNATURES CONTINUED]

                                        INVESTORS

                                        ----------------------------------------
                                        Michael Burns

                                        /s/ William Dallas
                                        ----------------------------------------
                                        William Dallas

                                        ----------------------------------------
                                        Jon Feltheimer

                                        OFFENSE GROUP ASSOCIATES, LP

                                        By:   Kaim NT, LP
                                        Its:  General Partner

                                        By: ____________________________________

                                        Its: ___________________________________

                                       15
<PAGE>   23

                             [SIGNATURES CONTINUED]

                                        INVESTORS

                                        ----------------------------------------
                                        Michael Burns

                                        ----------------------------------------
                                        William Dallas

                                        /s/ Jon Feltheimer
                                        ----------------------------------------
                                        Jon Feltheimer

                                        OFFENSE GROUP ASSOCIATES, LP

                                        By:   Kaim NT, LP
                                        Its:  General Partner

                                        By: ____________________________________

                                        Its: ___________________________________

                                       15
<PAGE>   24

                             [SIGNATURES CONTINUED]

                                        INVESTORS

                                        ----------------------------------------
                                        Michael Burns

                                        ----------------------------------------
                                        William Dallas

                                        ----------------------------------------
                                        Jon Feltheimer

                                        OFFENSE GROUP ASSOCIATES, LP

                                        By:   Kaim NT, LP
                                        Its:  General Partner

                                        By: /s/
                                           -------------------------------------

                                        Its: ___________________________________

                                       15
<PAGE>   25

                                 SPOUSAL CONSENT

      The undersigned, Laurie Demarest, acknowledges that she has read the
foregoing dated as of August 13, 1999 (the "Agreement"), and she knows the
contents thereof. The undersigned is aware that by the provisions of the
Agreement she agrees to sell a portion or all shares of Common Stock of Dynacs
Engineering Company, Inc., a Florida corporation (referred to in the Agreement
as the "Company"), including any interest she may have in such shares (marital
or otherwise), if any, which would be equivalent to a spousal interest by virtue
of her relationship with Jon Feltheimer, upon the occurrence of certain events,
and the undersigned hereby consents to such sale and agrees to be bound by each
and every provision of the Agreement.

                                        /s/ Laurie Demarest
                                        ----------------------------------------
                                        Name:
<PAGE>   26

                                 SPOUSAL CONSENT

      The undersigned, BJ. Dallas acknowledges that she has read the foregoing
dated as of August 13, 1999 (the "Agreement"), and she knows the contents
thereof. The undersigned is aware that by the provisions of the Agreement she
agrees to sell a portion or all shares of Common Stock of Dynacs Engineering
Company, Inc., a Florida corporation (referred to in the Agreement as the
"Company"), including any interest she may have in such shares (marital or
otherwise), if any, which would be equivalent to a spousal interest by virtue of
her relationship with William Dallas, upon the occurrence of certain events, and
the undersigned hereby consents to such sale and agrees to be bound by each and
every provision of the Agreement.

                                        /s/ Beverly J. Dallas
                                        ----------------------------------------
                                        Name:
<PAGE>   27

                                    EXHIBIT B

                                    INVESTORS

                    ----------------------------------------
                                  Michael Burns
                    ----------------------------------------
                                 William Dallas
                    ----------------------------------------
                                 Jon Feltheimer
                    ----------------------------------------
                          Offense Group Associates, LP
                    ----------------------------------------

                                   Exhibit B
<PAGE>   28

                                    EXHIBIT C

                                 SPOUSAL CONSENT

      The undersigned, ______________________ acknowledges that she has read the
foregoing Shareholders Agreement, dated as of________________ 1999 (the
"Agreement"), and she knows the contents thereof. The undersigned is aware that
by the provisions of the Agreement she agrees to sell a portion or all shares of
Common Stock of Dynacs Engineering Company, Inc., a Florida corporation
(referred to in the Agreement as the "Company"), including any interest she may
have in such shares (marital or otherwise), if any, which would be equivalent to
a spousal interest by virtue of her relationship with _____________, upon the
occurrence of certain events, and the undersigned hereby consents to such sale
and agrees to be bound by each and every provision of the Agreement.

                                        ----------------------------------------
                                        Name:

                                    Exhibit C<PAGE>   1
                                                                   Exhibit 10.14

                          REGISTRATION RIGHTS AGREEMENT

      THIS REGISTRATION RIGHTS AGREEMENT (this "Agreement"), is made and entered
into as of August 13, 1999, by and among DYNACS ENGINEERING COMPANY, INC., a
Florida corporation (the "Corporation"), and those stockholders whose names
appear on the signature page to this Agreement (collectively referred to in this
Agreement as the "Stockholders" and each as a "Stockholder").

                                    RECITALS

      A. The Corporation and the Stockholders are parties to that certain
Contribution and Exchange Agreement, dated as of August 12, 1999 (the
"Contribution Agreement"), which agreement provides for, among other things, the
issuance by Cerulean FXs, Inc., a Florida corporation ("FX") of shares of its
common stock, par value $0.01 per share (the "FX Common Stock") to the
Corporation and each of the Stockholders in exchange for the contribution by the
Corporation and each of the Stockholders of their limited liability company
interests in Cerulean Colorization, L.L.C., a Delaware limited liability
company.

      B. Concurrent with the execution and delivery of this Agreement, the
Corporation and the Stockholders are entering into that certain Exchange
Agreement (the "Exchange Agreement"), which agreement grants to the Stockholders
the right to exchange their shares of FX Common Stock for shares of common
stock, par value $.001 per share, of the Corporation (the "Common Stock") upon
the occurrence of certain events.

      C. In connection with the transactions contemplated by the Contribution
Agreement and the Exchange Agreement, the parties to this Agreement have agreed
that the Corporation will provide to each of the Stockholders certain
registration rights, as set forth in this Agreement. The execution and delivery
of this Agreement by each of the parties to this Agreement are conditions
precedent to the closing of the Contribution Agreement.

                                    AGREEMENT

      NOW, THEREFORE, in consideration of foregoing premises and of the mutual
covenants and agreements contained in this Agreement, on the terms and subject
to the conditions set forth in this Agreement, the parties to this Agreement
agree as follows:

      1. Definitions.

            (a) Definitions. Capitalized terms used in this Agreement and not
defined in this Agreement shall have the meanings given those terms in the
Exchange Agreement. Otherwise, the following terms have the following meanings,
unless the context otherwise requires:

            "Commission" means the Securities and Exchange Commission or any
      other federal agency at the time administering the Securities Act.

<PAGE>   2

            "Existing Stockholders" means Ramen Singh, Peter Likins, Robert
      Skelton, Javier Benavente, Jayant Ramakrishnan, Harry Schubele, Ravi
      Venugopal and Ramesh Venugopal.

            "Other Holder" shall have the meaning given such term in Section 2
      of this Agreement.

            "Person" means any individual, corporation, partnership, firm, joint
      venture, association, joint-stock company, trust, incorporated
      organization or other entity.

            "Prospective Seller" shall have the meaning given such term in
      Section 4(a) of this Agreement.

            "Registrable Stock" means (a) any and all Securities acquired or to
      be acquired by any of the Stockholders under and pursuant to the
      Contribution Agreement and the Exchange Agreement, and any and all
      Securities issued under this clause (a) acquired by a Stockholder from any
      other Stockholder; (b) any Securities issued or issuable with respect to
      the securities described in clause (a) above by reason of a share dividend
      or share split or similar transaction, or in connection with a combination
      of shares, recapitalization, merger, consolidation, other reorganization
      or other transaction, and (c) any other Securities now held or acquired
      after the date of this Agreement by Persons holding the Securities
      described in clauses (a) or (b) above. As to any particular Registrable
      Stock, such securities shall cease to be Registrable Stock when (w) a
      registration statement with respect to the sale of such securities shall
      have become effective under the Securities Act and such securities shall
      have been disposed of in accordance with such registration statement, (x)
      such securities shall have been sold as permitted by Rule 144 or Rule 144A
      (or any successor provisions) promulgated under the Securities Act, (y)
      such securities shall have been otherwise transferred, new certificates
      for them not bearing a legend restricting further transfer shall have been
      delivered by the Company and subsequent public distribution of them shall
      not require registration under the Securities Act, or (z) such securities
      are eligible for sale pursuant to Rule 144 promulgated under the
      Securities Act without limitation as to the amount of securities to be
      sold.

            The terms "register", "registered" and "registration" each refer to
      a registration of securities effected by preparing and filing a
      Registration Statement as to the securities in compliance with the
      Securities Act, and the subsequent effectiveness of the Registration
      Statement.

            "Registration Statement" means a registration statement filed by the
      Corporation with the Commission under the Securities Act (other than a
      registration statement on Form S-4 or S-8 or any successor or similar
      forms, or a registration statement on any form filed in connection with an
      exchange offer or an offering of securities solely to the Company's
      existing shareholders).

            "Securities" means any equity securities of the Corporation. Any
      beneficial interests in the Securities are referred to in this Agreement
      as "shares" of the Securities.

                                       2
<PAGE>   3

            "Securities Act" means the Securities Act of 1933, as amended.

            "Securities Registration" means any registration of shares of any
      Securities of any class of the Corporation, whether for its own account or
      the account of another, effected pursuant to a Registration Statement.

            (b) Rules of Construction. The following rules of construction shall
apply in interpreting this Agreement:

            (i) A Person shall be deemed to be a holder of Registrable Stock
      when such Person has, or will have on or prior to the date any Securities
      are registered, an exercisable right to acquire Registrable Stock. Each
      share of Registrable Stock shall continue to be Registrable Stock in the
      hands of each subsequent holder of the Registrable Stock; and for purposes
      of this Agreement, the term "Stockholders" shall be deemed to include each
      subsequent holder of Registrable Stock, and each of these holders shall
      have the right to exercise any and all rights granted under this Agreement
      to the Stockholders.

            (ii) This Agreement has been entered into concurrently with the
      execution of the Exchange Agreement and the Contribution Agreement, and,
      unless the context otherwise clearly requires, this Agreement shall be
      construed in a manner consistent with the provisions of the Exchange
      Agreement and the Contribution Agreement.

      2. Registration. If the Corporation at any time proposes to register any
securities pursuant to a Securities Registration, it shall each time give
written notice of the proposed Securities Registration (the "Corporation's
Notice"), at its expense, to each of the Stockholders and to all other holders
of securities of the Corporation who have the contractual right to include all
or any portion of their shares in the registration on a "piggyback" basis (the
"Other Holders") at least 15 days prior to the filing of a Registration
Statement with respect to the Securities Registration with the Commission. Upon
written request of any of the Stockholders (each, a "Stockholder's Notice") or
Other Holder (a "Holder's Notice") given within 15 days after receipt of the
Corporation's Notice, stating the number of shares of Registrable Stock to be
disposed of by the Stockholder delivering the Stockholder's Notice, or the
number of shares of Securities to be disposed of by the Other Holder delivering
the Holder's Notice, the Corporation shall use its best efforts to cause all
shares of Registrable Stock specified in each Stockholder's Notice, or shares of
Securities specified in each Holder's Notice, to be registered under the
Securities Act so as to permit the sale or other disposition (in accordance with
the intended methods as set forth in the Corporation's Notice) of the shares,
subject, however, to the limitations set forth in Section 3 of this Agreement;
provided, however, that the Corporation shall have the right in its sole and
absolute discretion to elect not to file, postpone or withdraw any registration
effected pursuant to this Section 2 without obligation to the Stockholders or
Other Holders except as provided in this Section 2; and provided, further, that
the Stockholders' and Other Holders' rights to include all or any portion of
their shares in an underwritten offering shall be subject to the right of the
managing underwriters in the offering to exclude such shares as provided in
Section 3 of this Agreement.

                                       3
<PAGE>   4

      3. Limitations on Securities Registration

            (a) Underwritten Offerings. If any Securities Registration is for an
underwritten offering, only securities of the class and series which are to be
included in the underwriting may be included in the registration, the issuance
and sale of securities by the Corporation shall have priority as to sales to and
by the underwriters in the registration, and the Stockholders hereby agree that
they shall withdraw their securities from the registration if and to the extent
requested to do so in good faith by the managing underwriters of the offering to
facilitate the complete sale of the securities being registered. In connection
with an underwritten offering, the Corporation shall not be required to include
any Registrable Stock in such offering unless the Stockholders accept the terms
of the underwriting as agreed upon between the Corporation and the underwriters
selected by the Corporation and execute an underwriting agreement reflecting
such terms (provided that such terms are consistent with this Agreement), and
then only in such quantity as will not, in the good faith opinion of the
managing underwriter, jeopardize the success of the offering by the Corporation.

            (b) Scale-Back Procedures. Whenever the number of shares which may
be registered pursuant to Section 2 of this Agreement is limited by the
provisions of Section 3(a), above, the Corporation will include in the
registration (i) first, the securities the Corporation proposes to sell, and
(ii) second, the securities requested to be sold pro rata among the Stockholders
and all Other Holders, allocated on the basis of the number of shares owned by
each; provided, that if any Stockholder or Other Holder would thus be entitled
to include more shares than the Stockholder or Other Holder requested to be
registered, the excess will be allocated to the other Stockholders and Other
Holders, until the full amount of shares requested by any Stockholder or Other
Holder has been registered for sale. The Corporation shall use its best efforts
to cause any other affected holders to withdraw from the registration to the
extent necessary to comply with the foregoing priority provisions.

      4. Registration Procedures.

            (a) Obligations of the Corporation. If and whenever the Corporation
is required by the provisions of this Agreement to use its best efforts to
effect the registration of shares (as used in this Section 4, the "Shares") of
Registrable Stock held by any Person (each, a "Prospective Seller") under the
Securities Act, the Corporation shall:

            (i) prepare and file with the Commission a Registration Statement
      with respect to the Shares and use its best efforts to cause the
      Registration Statement to become and remain effective as provided in this
      Agreement;

            (ii) prepare and file with the Commission any amendments and
      supplements to the Registration Statement and the prospectuses used in
      connection with the Registration Statement as may be necessary to keep the
      Registration Statement effective and current, in the case of a firm
      commitment underwritten public offering, until each underwriter has
      completed the distribution of all securities purchased by it and, in the
      case of any other offering, until the earlier of the sale of all Shares
      covered thereby or 90 days after the effective date of the Registration
      Statement, and to comply with the provisions of the Securities Act

                                       4
<PAGE>   5

      with respect to the sale or other disposition of all Shares covered by the
      Registration Statement

            (iii) furnish to each Prospective Seller the number of copies of
      each prospectus, including preliminary prospectuses, in conformity with
      the requirements of the Securities Act, and all other documents, as the
      Prospective Seller may reasonably request in order to facilitate the
      public sale or other disposition of the Shares owned by the Prospective
      Seller;

            (iv) use its best efforts to register or qualify the Shares covered
      by the Registration Statement under the other securities or blue sky or
      other applicable laws of the jurisdictions as each Prospective Seller
      shall reasonably request, to enable each Prospective Seller to consummate
      the sale or other disposition of the Shares owned by the Prospective
      Seller;

            (v) furnish to each Prospective Seller a signed counterpart,
      addressed to the Prospective Seller and his or its underwriters, if any,
      of

            (A) an opinion of counsel for the Corporation, dated the effective
      date of the Registration Statement and, if requested, the date of each
      closing of sales pursuant to the registration, with respect to the
      effective registration of such Shares; and

            (B) if and to the extent then available under FASB and related
      pronouncements, a "comfort" letter signed by the independent public
      accountants who have certified the Corporation's financial statements
      included in the Registration Statement, similarly dated;

      covering substantially the same matters with respect to the Registration
      Statement (and the prospectuses included in the Registration Statement)
      and (in the case of the accountants' letter) with respect to the events
      subsequent to the date of the financial statements, as are customarily
      covered (at the time of the registration) in the opinions of issuers'
      counsel and in accountants' letters delivered to the underwriters in
      connection with underwritten public offerings of securities;

            (vi) cause all Shares to be listed on each securities exchange on
      which similar securities issued by the Corporation are then listed;

            (vii) provide a transfer agent and registrar for all Shares not
      later than the effective date of the Registration Statement;

            (viii) enter into all customary agreements (including an
      underwriting agreement in customary form) and take all customary actions
      as the Member Representative may reasonably request in order to expedite
      or facilitate the disposition of the Shares;

            (ix) use its best efforts to cause the Corporation's officers,
      directors and employees to supply all information reasonably requested in
      connection with the registration

                                       5
<PAGE>   6

      by any Prospective Seller, any underwriter participating in any
      disposition pursuant to the Registration Statement, and any attorney,
      accountant or other agent retained by any Prospective Seller or
      underwriter, including, without limitation, all financial and other
      records, pertinent corporate documents and properties of the Corporation;

            (x) notify each Prospective Seller at any time when a prospectus
      relating to Shares covered by the Registration Statement is effective, of
      the happening of any event as a result of which the prospectus included in
      the Registration Statement, as then in effect, includes an untrue
      statement of a material fact or omits to state a material fact required to
      be stated therein or necessary to make the statements therein not
      misleading in light of the circumstances then existing. The Corporation
      shall use its reasonable efforts promptly to amend or supplement the
      Registration Statement to correct any such untrue statement or omission;
      and

            (xi) notify each Prospective Seller of the issuance by the
      Commission of any stop order suspending the effectiveness of the
      Registration Statement or the initiation of any proceedings for that
      purpose. The Corporation will make every reasonable effort to prevent the
      issuance of any stop order and, if any stop order is issued, to obtain the
      lifting thereof at the earliest possible time.

            (b) Obligations of the Prospective Sellers. In connection with the
registration of Shares held by a Prospective Seller, the Prospective Seller
shall:

                  (i) furnish to the Corporation all information the Corporation
may reasonably require from the Prospective Seller for inclusion in the
Registration Statement (and the prospectus included in the Registration
Statement); and

                  (ii) upon notification by the Corporation of a state of facts
described in Section 4(a)(x) or of a stop order referenced in Section 4(a)(xi),
cease making sales of Shares unless and until the Corporation shall notify the
Prospective Seller that the state of facts has been corrected and/or the stop
order has been lifted.

      5. Expenses of Registration. All expenses incurred in effecting any
registration under this Agreement, including, without limitation, all
registration and filing fees, printing expenses, expenses of compliance with
blue sky laws, fees and disbursements of counsel for the Corporation, fees and
disbursements of counsel for the Prospective Sellers (but not more than one
counsel representing all of the Stockholders who are Prospective Sellers), and
expenses of any audits incidental to or required by any registration
("Registration Expenses") shall be borne by the Corporation; provided, that all
underwriting discounts or brokerage fees or commissions relating to the sale of
the securities included in the registration shall be separately borne by the
sellers of the securities.

      6. Indemnification

            (a) Indemnity. In the event of any registration of any of its
securities under the Securities Act pursuant to this Agreement, the Corporation
shall indemnify and hold harmless each

                                       6
<PAGE>   7

Prospective Seller, each underwriter (as defined in the Securities Act) and each
controlling person (within the meaning of the Securities Act), if any, of any
Prospective Seller or underwriter (collectively, "Indemnified Parties" or an
"Indemnified Party"), against any losses, claims, damages or liabilities, joint
or several (or actions in respect thereof), to which the Indemnified Parties may
be subject under the Securities Act or any other statute or at common law,
insofar as the losses, claims, damages or liabilities (or actions in respect
thereof) arise out of or are based upon (i) any untrue statement (or alleged
untrue statement) of any material fact contained in any Registration Statement
under which the securities were registered under the Securities Act, any
preliminary prospectus or final prospectus contained in the Registration
Statement, or any summary prospectus issued in connection with any securities
being registered, or any amendment or supplement thereto, or any other document
used to sell the securities, or (ii) any omission (or alleged omission) to state
in any Registration Statement under which the securities were registered under
the Securities Act, any preliminary prospectus or final prospectus contained in
the Registration Statement, or any summary prospectus issued in connection with
any securities being registered, or any amendment or supplement thereto, or any
other document or any other document used to sell the securities, a material
fact required to be stated therein or necessary to make the statements therein
not misleading, or (iii) any violation of the Securities Act or any Blue Sky
law, or any rule or regulation promulgated under the Securities Act or any Blue
Sky law, or any other law, in connection with any registration, qualification or
compliance, and shall reimburse the Indemnified Parties for any legal or other
expenses incurred by the Indemnified Parties in connection with investigating or
defending any loss, claim, damage, liability or action described above;
provided, however, that the Corporation shall not be liable to any Indemnified
Party (i) to the extent that any loss, claim, damage or liability arises out of
or is based upon any untrue statement or omission made in the Registration
Statement, preliminary prospectus, summary prospectus, prospectus, or amendment
or supplement thereto, or any other document used to sell the securities, in
reliance upon and in conformity with information furnished to the Corporation by
that Indemnified Party, or party controlling or controlled by that Indemnified
Party within the meaning of the Securities Act specifically for use in the
registration, or (ii) to the extent that any such loss, claim, damage, or
liability does not arise out of or is not based upon any untrue statement or
omission made in such Registration Statement, if any Indemnified Person who
participates as an underwriter in the offering, or who controls an underwriter
in the offering, failed to give or send a final prospectus at or prior to
written confirmation of sale. The indemnity provided for in this Section 6(a)
shall remain in full force and effect regardless of any investigation made by or
on behalf of any Indemnified Party and shall survive transfer of the securities
by the Indemnified Party.

            (b) Prospective Sellers. In the event of any registration of any of
the Corporation's securities under the Securities Act in which a Prospective
Seller participates pursuant to this Agreement, each participating Prospective
Seller agrees to indemnify and hold harmless the Corporation, its directors,
each underwriter (as defined in the Securities Act) and each controlling person
(within the meaning of the Securities Act) of the Corporation or underwriter, if
any, against any losses, claims, damages or liabilities, joint or several (or
actions in respect thereof), to which the Corporation, director, underwriter or
controlling person may be subject under the Securities Act, under any other
statute or at common law, insofar as the losses, claims, damages or liabilities
(or actions in respect thereof) arise out of or are based upon any untrue
statement (or alleged untrue statement) of any material fact contained in any
Registration Statement under which the securities were registered under the
Securities Act, any preliminary prospectus or final prospectus contained

                                       7
<PAGE>   8

in the Registration Statement, or any summary prospectus issued in connection
with any securities being registered, or any amendment or supplement thereto, or
any other document used to sell the securities, or any omission (or alleged
omission) to state in the Registration Statement, any preliminary prospectus or
final prospectus contained in the Registration Statement, or any summary
prospectus issued in connection with any securities being registered, or any
amendment or supplement thereto, or any other document or any other document
used to sell the securities, a material fact required to be stated therein or
necessary to make the statements therein not misleading, and shall reimburse the
Corporation, its directors, each underwriter, and each controlling person, for
any legal or other expenses reasonably incurred by these persons in connection
with investigating or defending any loss, claim, damage, liability or action; in
each case, to the extent, and only to the extent, that the untrue statement or
omission is contained in any information or affidavit furnished in writing to
the Corporation by the Prospective Seller specifically for use in the
registration. The indemnity provided for in this Section 6(b) shall survive
transfer of the securities by the Prospective Seller.

            (c) Contribution. If the indemnification provided for in Section
6(a) or (b) is unavailable to an indemnified party in accordance with its terms
in respect of any losses, claims, damages or liabilities referred to in Section
6(a) or (b), then the indemnitor in lieu of indemnifying the indemnified party
under Section 6(a) or (b) shall contribute to the amount paid or payable by the
indemnified party as a result of the losses, claims, damages or liabilities, in
such proportion as is appropriate to reflect the relative fault of the
indemnitor on the one hand and of the indemnified parties on the other in
connection with the statements or omissions which resulted in the losses,
claims, damages or liabilities, as well as any other relevant equitable
considerations. The relative fault of the indemnitor and of the indemnified
parties shall be determined by reference to, among other things, whether the
untrue or alleged untrue statement of a material fact or the omission to state a
material fact relates to information supplied by the indemnitor, or the
indemnified parties, and the parties' relative intent, knowledge, access to
information and opportunity to correct or prevent the statement or omission.

                  The Corporation and the other parties to this Agreement agree
that it would not be just and equitable if contribution pursuant to this Section
6(c) were determined by a mechanical pro rata allocation or by any other method
of allocation which does not take account of the equitable considerations
referred to in the immediately preceding paragraph. The amount paid or payable
by any indemnified party as a result of the losses, claims, damages and
liabilities or actions in respect thereof referred to in the immediately
preceding paragraph shall be deemed to include, subject to the limitations set
forth above, any legal or other expenses reasonably incurred by the indemnified
party in connection with investigating or defending the action or claim.
Notwithstanding the provisions of this Section 6(c), no holder of Registrable
Stock, no underwriter of Registrable Stock, and no controlling party of any of
them, shall be required to contribute any amount in excess of the amount by
which the total price at which the Registrable Stock was sold exceeds the amount
of any damages which the Person has otherwise been required to pay and has
actually paid by reason of the untrue or alleged untrue statement or omission or
alleged omission. No person guilty of a fraudulent misrepresentation (within the
meaning of Section 11(f) of the Securities Act) shall be entitled to
contribution from any Person who was not guilty of the fraudulent
misrepresentation.

            (d) Procedures. Promptly after receipt by any Indemnified Party of a
complaint, claim or other written notice of any loss, claim, damage, liability
or action arising rise to a claim for

                                       8
<PAGE>   9

indemnification under this Section 6, the party claiming indemnification under
this Section 6 shall notify the indemnifying party of the complaint, notice,
claim or action, and the indemnifying party shall have the right to investigate
and defend the loss, claim, damage, liability or action; provided, that the
failure of the Indemnified Party to promptly notify the indemnifying party shall
not relieve the indemnifying party from any liability which it may have to the
Indemnified Party otherwise than under Section 6, or under Section 6 to the
extent that the indemnifying party has not been materially prejudiced as a
proximate result of the failure to provide notice. The Indemnified Party shall
have the right to employ separate counsel in the action and to participate in
the defense of the action, but the fees and expenses of the counsel shall not be
at the expense of the indemnifying party. If the defendants in any action shall
include more that one Indemnified Party, and any of these Indemnified Parties
shall reasonably conclude that counsel selected by the Corporation has a
conflict of interest which under the Rules of Professional Conduct of the
Florida State Bar Association (or other body regulating the practice of law in
the State of Florida) would prohibit the representation because of the
availability of different or additional defenses to any of the Indemnified
Parties, the Indemnified Party shall have the right to select separate counsel
reasonably acceptable to the Corporation to participate in the defense of the
claim on its behalf at the expense of the indemnifying party who would otherwise
be liable for the losses under this Section 6, it being understood, however,
that the indemnifying party shall not, in connection with any one action or
proceeding or separate but substantially similar or related actions or
proceedings in the same jurisdiction arising out of the same general allegations
or circumstances, be liable for the fees and expenses of more than one separate
firm of attorneys at any time for the Indemnified Parties; provided, however,
that if the parties shall not agree that a conflict of interest between the
Indemnified Parties exists, then the parties shall submit the issue to the State
Bar Association of Florida to determine whether a conflict of interest exists,
and the determination of the State Bar Association of Florida shall be binding
on the parties. The Indemnified Parties shall cooperate fully in the defense of
any claim under this Section 6 and each Indemnified Party shall make available
to the Corporation pertinent information under the Indemnified Party's control
relating to the claim. In no event shall the indemnifying party be obligated to
indemnify any party for any settlement of any claim or action effected without
the indemnifying party's consent.

      7. Rights Which May Be Granted to Other Persons. The Corporation shall not
grant any Person registration rights with priority as to registration or sale to
underwriters which are greater than or pari passu to the registration rights
granted to the Stockholders in this Agreement; provided that the Company may
grant registration rights to the Existing Stockholders, or any of them, with
respect to the shares of Common Stock owned by them on the date of this
Agreement, which are pari passu to the registration rights granted to the
Stockholders in this Agreement.

      8. Rule 144 Requirements. At all times after the close of business on the
earliest of the date (a) a Registration Statement filed by the Corporation under
the Securities Act becomes effective, (b) the Corporation registers a class of
securities under Section 12 of the Securities Exchange Act of 1934, as amended,
or (c) the Corporation issues an offering circular meeting the requirements of
Regulation A under the Securities Act, the Corporation shall undertake to make
publicly available, and available to the Stockholders, the information that is
necessary to enable the Stockholders to make sales of Registrable Stock pursuant
to Rule 144 of the Commission under the Securities Act. The Corporation shall
from time to time furnish to each of the Stockholders, upon request, a written

                                       9
<PAGE>   10

statement executed by the Corporation as to the steps it has taken to comply
with the current public information requirements of Rule 144.

      9. Hold-Back Agreements.

            (a) By Michael Burns. Michael Burns, a Stockholder, agrees not to
effect any public sale or distribution of Securities, or securities convertible
into or exchangeable or exercisable for Securities, during the seven days prior
to and the period of 180 days. or a longer period (which shall not, in any
event, exceed 270 days) as may be requested by the underwriters, beginning on
the effective date of any Securities Registration which includes a firmly
underwritten offering, except, in each case, as part of the underwritten
offering.

            (b) By Corporation and Other Stockholders. The Corporation agrees
(i) not to effect the public sale or distribution of Securities, or of any
securities convertible into or exchangeable or exercisable for any Securities,
during the seven days prior to and the period of 180 days, or a longer period
(which shall not, in any event, exceed 270 days) as may be requested by the
underwriters, beginning on the effective date of any Securities Registration
which includes a firmly underwritten offering, and (ii) to use its best efforts
to cause each holder of Securities, or of any securities convertible into or
exchangeable or exercisable for Securities purchased from the Corporation at any
time on or after the date of this Agreement (other than in a registered public
offering) and who is an officer or director of the Corporation, or owns more
than 5% of any class of its then outstanding Securities, to agree not to effect
any public sale or distribution of any Securities during this period, except as
part of the underwritten offering.

      10. Miscellaneous.

            (a) Notices. All notices, demands or other communications under this
Agreement shall be in writing and shall be deemed to have been duly given if
delivered in person, or by United States mail, certified or registered, return
receipt requested or otherwise actually delivered:

            (i) if to any of the Stockholders, at the address set forth for the
      Stockholder on the Corporation's records; and

            (ii) if to the Corporation, at the address of the Corporation as set
      forth in the Contribution Agreement, marked for attention as therein
      indicated;

or such other address as may have been furnished by the Person in writing to the
other parties. Any notice, demand or other communication shall be deemed to have
been given on the date actually delivered or as of the date mailed, as the case
may be.

            (b) Severability and Governing Law. Should any Section or any part
of a Section within this Agreement be rendered void, invalid or unenforceable by
any court of law for any reason, the invalidity or unenforceability shall not
void or render invalid or unenforceable any other Section or part of a Section
in this Agreement. This Agreement shall be governed and construed in accordance
with the laws of the State of California applicable to contracts made and to be
performed entirely within the State of California, without regard to principles
of conflicts of law.

                                       10
<PAGE>   11

            (c) Counterparts. This Agreement may be executed in one or more
counterparts, each of which shall be deemed an original but all of which
together shall constitute one and the same instrument.

            (d) No Adverse Construction. The rule that a contract is to be
construed against the party drafting the contract is hereby waived, and shall
have no applicability in construing this Agreement or the terms of this
Agreement.

            (e) Captions and Section Headings. Section titles or captions
contained in this Agreement are inserted as a matter of convenience and for
reference purposes only, and in no way define, limit, extend or describe the
scope of this Agreement or the intent of any provision hereof.

            (f) Amendments and Waivers. This Agreement may be amended, modified,
superseded, canceled, renewed or extended, and the terms and conditions hereof
may be waived, only by a written instrument signed by all the parties to this
Agreement or, in the case of a waiver, by the party or parties, as the case may
be, waiving compliance. No delay on the part of any party in exercising any
right, power or privilege under this Agreement shall operate as a waiver
thereof, nor shall any waiver on the part of any party of any right, power or
privilege under this Agreement, nor any single or partial exercise of any right,
power or privilege under this Agreement, preclude any other or further exercise
thereof or the exercise of any other right, power or privilege under this
Agreement.

            (g) Costs and Attorneys' Fees. In the event that any action, suit or
other proceeding is instituted concerning or arising out of this Agreement, the
prevailing party shall be entitled to recover all of the prevailing party's
costs and reasonable attorneys' fees incurred in each and every such action,
suit, or other proceedings, including any and all appeals or petitions
therefrom.

            (h) Successors and Assigns. Except as otherwise provided in this
Agreement, all rights, covenants and agreements of the parties contained in this
Agreement shall be binding upon and inure to the benefit of their respective
successors and permitted assigns.

            (i) Specific Performance. The parties hereto agree that the
securities of the Corporation cannot be purchased or sold in the open market and
that, for these reasons, among others, the parties will be irreparably damaged
in the event that this Agreement is not specifically enforceable. Accordingly,
in the event of any controversy concerning the securities which are the subject
of this Agreement, or any right or obligation to register the securities, such
right or obligation shall be enforceable in a court of equity by specific
performance. The rights granted in this Section 10(i) shall be cumulative and
not exclusive, and shall be in addition to any and all other rights which the
parties to this Agreement may have under this Agreement, at law or in equity.

             (j) Entire Agreement. This Agreement, the Contribution Agreement,
and the other agreements delivered in connection with the Contribution
Agreement, collectively contain the entire understanding of the parties, and
there are no further or other agreements or understandings, written or oral, in
effect between the parties relating to the subject matter of this Agreement
unless expressly referred to in this Agreement.

                                       11
<PAGE>   12

            (k) Agreement to Perform Required Acts. Each party to this Agreement
agrees to perform any further acts and to execute and deliver any further
documents that may be reasonably necessary to carry out the provisions of this
Agreement, that may be required to secure performance of any party's duties
under this Agreement or that may be required to assure the legal and binding
effect of the provisions of this Agreement.

                                       12
<PAGE>   13

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

                                        DYNACS ENGINEERING COMPANY, INC.,
                                        a Florida Corporation

                                        By: /s/ Ramendra P. Singh
                                           -------------------------------------
                                           Dr. Ramendra P. Singh
                                        Its: President

                                        STOCKHOLDERS:

                                        ________________________________________
                                        Michael Burns

                                        ________________________________________
                                        William Dallas

                                        ________________________________________
                                        Jon Feltheimer

                                        OFFENSE GROUP ASSOCIATES, LP

                                        By: Kaim NT, LP
                                        Its: General Partner

                                        By:_____________________________________

                                        Its:____________________________________

                                       13
<PAGE>   14

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

                                        DYNACS ENGINEERING COMPANY, INC.,
                                        a Florida Corporation

                                        By:_____________________________________
                                           Dr. Ramendra P. Singh
                                        Its: President

                                        STOCKHOLDERS:

                                        /s/ Michael Burns
                                        ----------------------------------------
                                        Michael Burns

                                        ________________________________________
                                        William Dallas

                                        ________________________________________
                                        Jon Feltheimer

                                        OFFENSE GROUP ASSOCIATES, LP

                                        By: Kaim NT, LP
                                        Its: General Partner

                                        By:_____________________________________

                                        Its:____________________________________

                                       13
<PAGE>   15

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

                                        DYNACS ENGINEERING COMPANY, INC.,
                                        a Florida Corporation

                                        By:_____________________________________
                                           Dr. Ramendra P. Singh
                                        Its: President

                                        STOCKHOLDERS:

                                        ________________________________________
                                        Michael Burns

                                        /s/ William Dallas
                                        ----------------------------------------
                                        William Dallas

                                        ________________________________________
                                        Jon Feltheimer

                                        OFFENSE GROUP ASSOCIATES, LP

                                        By: Kaim NT, LP
                                        Its: General Partner

                                        By:_____________________________________

                                        Its:____________________________________

                                       13
<PAGE>   16

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

                                        DYNACS ENGINEERING COMPANY, INC.,
                                        a Florida Corporation

                                        By:_____________________________________
                                           Dr. Ramendra P. Singh
                                        Its: President

                                        STOCKHOLDERS:

                                        ________________________________________
                                        Michael Burns

                                        ________________________________________
                                        William Dallas

                                        /s/ Jon Felthiemer
                                        ----------------------------------------
                                        Jon Feltheimer

                                        OFFENSE GROUP ASSOCIATES, LP

                                        By: Kaim NT, LP
                                        Its: General Partner

                                        By:_____________________________________

                                        Its:____________________________________

                                       13
<PAGE>   17

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

                                        DYNACS ENGINEERING COMPANY, INC.,
                                        a Florida Corporation

                                        By:_____________________________________
                                           Dr. Ramendra P. Singh
                                        Its: President

                                        STOCKHOLDERS:

                                        ________________________________________
                                        Michael Burns

                                        ________________________________________
                                        William Dallas

                                        /s/ Jon Felthiemer
                                        ----------------------------------------
                                        Jon Feltheimer

                                        OFFENSE GROUP ASSOCIATES, LP

                                        By: Kaim NT, LP
                                        Its: General Partner

                                        By: /s/
                                           -------------------------------------

                                        Its:____________________________________

                                       13

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