Document:

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                                                                   Exhibit 10.33

                            MASTER SERVICES AGREEMENT

                                     Between

                 AGILENT TECHNOLOGIES SINGAPORE (SALES) PTE LTD,

                                VSOURCE (CI) LTD,

                                       And

                                  VSOURCE, INC.

                                16 November 2001

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     THIS MASTER SERVICES AGREEMENT (the "Agreement"), effective as of the 16th
day of November, 2001 ("the Effective Date"), is by and between AGILENT
TECHNOLOGIES SINGAPORE (SALES) PTE LTD ("Agilent"), a Singapore incorporated
company and having a place of business at 438 Alexandra Road, #03-01 Alexandra
Point, Singapore 119958, VSOURCE (CI) LTD ("Vsource"), a Cayman Islands
incorporated company and having a registered address at Ugland House, P.O. Box
309, George Town, Grand Cayman, Cayman Islands, British West Indies and VSOURCE,
INC. ("Guarantor"), a Delaware incorporated company and having a principal
office at 5740 Ralston Street, Suite 110, Ventura, California, USA 93003.

RECITALS

         WHEREAS, Agilent wishes to have Vsource perform certain directed record
keeping, ministerial outsourcing, payroll administration, Employee
communication, enrollment and certain human resource services pursuant to the
terms and conditions stated herein; and

         WHEREAS, Vsource is in the business of providing certain payroll
processing, payroll-related human resources, timekeeping, tax-filing and other
related administrative services which Agilent desires to engage it to perform on
its behalf; and

         WHEREAS, Vsource is willing to perform such services, subject to and in
accordance with the terms and conditions of this Agreement;

         NOW, THEREFORE, in consideration of the foregoing premises and the
mutual covenants and agreements set forth below, Vsource and Agilent agree as
follows:

1. Definition

"Contractors" means the list of Agilent approved contractors, the names of which
are contained in Schedule C, or which may be added to Schedule C from time with
the approval of Agilent (such consent not to be unreasonably withheld or
delayed), which where used in this Agreement shall include all directors,
officers, employees, servants and agents of such Contractors.

 "Direction Documents" means all the agreements, schedules, work plans, roles,
responsibilities, actions, duties and obligations set forth in Schedule C to be
performed in accordance with the terms on this Agreement and, without limitation
to the generality of the foregoing, shall include the Technical Service Level
Agreement, Implementation Schedule, Benefit and Compensation Program
Descriptions and Pay Elements documents attached to and made part of Schedule C
and from time to time varied and mutually agreed to in writing between the
parties.

"Employee" has the meaning set forth in Schedule B.

"Fee Adjustments" means the adjustment to fees in accordance with Section 14.2.

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"Implementation Plans" means the actions, milestones, and sequence of events set
forth in Schedule C (Implementation Schedule by Country) and as from time to
time varied and mutually agreed to in writing between the parties.

"Intellectual Property Rights" includes but is not limited to, any patent, trade
secret, copyright, trademark, trade dress, utility model, industrial design,
mask work or moral rights, process design and documentation.

"Performance Standards" shall mean the performance standards set forth in
Schedule F.

"Personal Information" shall have the meaning set forth in Section 7.1 of this
Agreement.

"Schedules" means all exhibits mutually agreed to between the parties to be
added and made part of this Agreement and from time to time varied and mutually
agreed to in writing between the parties.

"Services" means the services set forth in Schedule A and shall include, without
limitation, all services to be provided and actions to be performed in order to
fulfill all the requirements contained in the Direction Documents.

"Term" has the meaning set forth in Section 18.1 of this Agreement.

"Vsource" shall when used in this Agreement, and if the context so requires,
also refer to all or each of the Vsource subsidiaries, associated or affiliated
companies set forth in Schedule C or which may be added to Schedule C from time
with the approval of Agilent (such consent not to be unreasonably withheld or
delayed).

"Vsource Personnel" means all employees, directors, officers, servants and
agents of Vsource and any of Vsource's subsidiaries, associated or affiliated
companies set forth in Schedule C (as amended from time to time).

"Work" means all the deliverables provided by Vsource to Agilent under and in
accordance with the terms of this Agreement and, without limitation to the
generality of the foregoing, shall include the deliverables resulting from
provision of the Services and compliance with the Direction Documents and
Intellectual Property Rights arising under this Agreement.

2. Vsource Obligations

2.1     Provision of Services

        2.1.1  Vsource will perform the Services and provide the deliverables
        specifically described in the Schedules in accordance with the terms
        and conditions of this Agreement. In particular, Vsource shall have the
        responsibility to perform on Agilent's behalf those Services set forth
        in Schedule A and in accordance with the Directions

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        Documents listed in Schedule C which are each made a part hereof, as
        amended from time to time in accordance with the provisions of this
        Agreement.

        2.1.2  The Services will be completed within the applicable time
        period(s) specified in the Schedules and Direction Documents. Time will
        be of the essence in this Agreement unless agreed otherwise in writing.
        Vsource will perform the Services and meet the milestones or stages of
        work on the dates specified in the Schedules and Direction Documents and
        will comply with the inspection requirements specified in Section 5 of
        this Agreement. If any stage is delayed for any reason, other than as a
        result of Agilent's actions or omissions, Vsource will use its best
        efforts to recover lost time.

        2.1.3  Progress reports during implementation will be submitted by
        Vsource to Agilent on a weekly basis for review and approval or such
        other time as agreed between the parties. Where necessary Agilent may
        require a meeting at a mutually agreeable time with Vsource to discuss
        the progress reports and to provide directions and instructions on
        matters arising in respect thereof.

        2.1.4  Agilent may refuse Vsource, Vsource Personnel and Contractors
        entry to Agilent's premises for security or other reasons in its
        absolute discretion without giving reasons. Where Vsource, Vsource
        Personnel or Contractors has notified Agilent in advance that they would
        be coming to Agilent's premises, and entry has been refused in
        accordance with this Section 2.1.4 and for reasons other than breach or
        threatened breach of this Agreement, then Vsource shall not be liable
        for any delays or non-performance of its obligations under this
        Agreement resulting from such refusal.

        2.1.5  Vsource, Vsource Personnel and Contractors when present on the
        premises of Agilent or Agilent's customer, will comply with all rules,
        regulations and requirements (including those relating to security
        arrangements) in force for the conduct of personnel on those premises.

        2.1.6  Vsource, Vsource Personnel and Contractors will not, without
        Agilent's prior permission, enter any part of Agilent premises other
        than as strictly necessary in connection with the performance of the
        Services.

        2.1.7  If in the opinion of Agilent, Vsource, Vsource Personnel or
        Contractors misconducts itself or becomes incapable of efficiently
        performing its duties, Vsource, Vsource Personnel or Contractors will
        leave Agilent's premises immediately upon request. In such event,
        Vsource and its management team and officers shall ensure that they
        co-operate to the fullest extent possible with Agilent's instructions in
        this matter and Vsource shall bear all responsibility and liability
        where any loss, damage, cost or expense is incurred by Agilent as a
        result of such misconduct or incapacity.

        2.1.8  The decision of Agilent upon any matters arising under this
        Sub-section 2.1 will be final and conclusive.

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2.2     Other Duties

        2.2.1 Record Retention and Requests for Records.

        Vsource shall retain all Agilent information, data, records and all
        other material information and documentation provided to, generated,
        managed or kept by Vsource relating to the Services and in accordance
        with, and to the extent provided by, the most current version of
        Agilent's General Retention Schedule, a copy of which is provided in
        Schedule M. In addition, Vsource shall comply with all applicable
        country and state record retention laws relating to the Services.
        Vsource shall promptly deliver to Agilent all such information, data,
        records and any other material information and documentation upon
        Agilent's written request and shall assist Agilent in all reasonable
        ways to provide the same pursuant to any legal, judicial or
        administrative proceedings.

        2.2.2 Tax Records and Reporting Documents.

        Vsource shall provide to Agilent upon reasonable written request and at
        no additional charge a copy of all payroll tax returns, records, filing
        documentation and correspondence submitted by Vsource to any country,
        state and local authorities on Agilent's behalf. Vsource shall also
        retain a copy of such returns and correspondence for the period required
        by law, notwithstanding any termination of this Agreement.

        2.2.3 Resource Availability and Allocation

        Vsource shall ensure the availability of resources, time and manpower to
        provide the Services in accordance with terms of this Agreement,
        including Schedule C (Implementation Schedule by Country). If
        re-allocation of resources and/or manpower in the Implementation Plan is
        requested by Agilent, the parties shall mutually agree on such
        re-allocation of resources and manpower.

        2.2.4 Implementation Plan.

        Vsource shall provide the Services and comply with all Direction
        Documents in accordance with the Implementation Plans agreed upon
        between the parties and reflected in Schedule C.

        2.2.5 Security Facility

        To secure the warranties, obligations and all Termination Fees entered
        into and provided under this Agreement, Vsource shall furnish to Agilent
        by May 1, 2002, in a form approved by Agilent, a security facility,
        which may take the form of a performance bond, standby letter of credit,
        escrow facility or similar type of arrangement ("Security Facility"),
        upon which Agilent would be entitled to draw down in the event that it
        terminates this Agreement under Section 18.2, 18.4 or 18.5. The amount
        of the Security Facility will be United States Two Hundred Fifty
        Thousand Dollars (US$250,000) until

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        October 1, 2002, at which time Vsource shall increase the amount of the
        Security Facility to United States Five Hundred Thousand Dollars
        (US$500,000). Once put in place, the Security Facility shall be renewed
        and remain valid throughout the remaining Term of this Agreement.

3. Agilent Obligations

3.1     General Obligations.

        Agilent will comply with its obligations as stated in Schedule A and in
        the Directions Documents and, subject to the terms of this Agreement,
        will provide Vsource, Vsource Personnel and approved Contractors with
        access to, and use of, all information, data, documentation, computer
        time, facilities, working space and office services reasonably required
        to permit Vsource to perform its obligations hereunder, and access to
        key personnel of Agilent as reasonably required by Vsource from time to
        time. Agilent acknowledges that the reasonable support and co-operation
        of Agilent and the Agilent Entities set forth in Schedule J is required
        in order for Vsource to perform the Services in accordance with the
        terms and conditions of this Agreement.

3.2     Professional Liaison.

        Agilent will provide professional liaison with Vsource and will meet
        with Vsource at regular intervals to be agreed upon to review progress
        and resolve any issues relating to the performance of this Agreement. In
        performing its obligations under this Agreement, Vsource, Vsource
        Personnel and Contractors will be entitled to rely upon any
        instructions, authorisations, approvals or other information provided to
        them by any Agilent personnel identified in Schedule D.

3.3     Funds Administration.

        Notwithstanding anything in this Agreement, Agilent acknowledges and
        agrees that at all times, Agilent shall remain solely responsible for
        the administration of funds and actual payment of all monies due and
        payable to Employees, government and related agencies and all other
        third parties contemplated within this Agreement. Vsource shall remain
        solely responsible for providing all Services in accordance with the
        Direction Documents.

3.4     Personal Information.

        3.4.1  Agilent represents and warrants that the initial transfer and
        ongoing transfer of Personal Information to Vsource under this Agreement
        is in compliance with all applicable laws and regulations, and Agilent
        has obtained all licenses, consents, permits and authorisations
        necessary to permit such transfer of the Personal Information and the
        use thereof by Vsource in accordance with the terms and conditions of
        this Agreement, including the transfer referred to in Section 3.4.2.
        Agilent will indemnify Vsource in respect of any liability, loss, or
        expense

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        incurred by Vsource to the extent that such liability, loss, or
        expense was caused by a breach of the obligations of Agilent under this
        Section 3.4.

        3.4.2  Subject to the obligations contained in Section 7, Agilent
        acknowledges and agrees that the Personal Information may be transferred
        by Vsource or its Contractors from the jurisdiction in which an
        individual, as to which the Personal Information relates, is located to
        a different jurisdiction; provided, that Vsource and its Contractors
        will only effect such transfer, and will use the Personal Information in
        such jurisdiction, only as required to perform the Services in
        accordance with this Agreement.

4. Representations and Warranties

4.1     Vsource represents and warrants that:

        4.1.1  All Services will be performed by Vsource in a professional
        manner, consistent with the standard of skill and care exercised by
        competent professional consultants on projects of comparable scope and
        complexity and in conformance with the requirements of this Agreement;

        4.1.2  Vsource is sufficiently experienced, properly qualified,
        registered, licensed, equipped, organized, and financed to perform the
        Services and to comply with the terms of this Agreement;

        4.1.3  Vsource will devote all necessary time, personnel and resources
        for the performance of its duties and obligations under this Agreement;

        4.1.4  Vsource has, and will continue to have for the duration of this
        Agreement, full capacity, all licences, permits and approvals, and the
        power and authority to execute, deliver and perform all Services and to
        comply with all Direction Documents and Vsource's obligations under this
        Agreement, and that the execution, delivery and performance of this
        Agreement by Vsource has been duly authorized by all necessary actions
        of its respective directors and officers;

        4.1.5  Vsource shall comply with all applicable laws, bye-laws,
        enactments, orders, ordinances, rules and regulations directly related
        to its obligations and activities under this Agreement. Vsource agrees
        to promptly notify Agilent if it becomes aware that performance of the
        Services or any of its activities under this Agreement violates or is
        likely to violate any applicable laws or regulations, including laws or
        regulations relating to Agilent's legal obligations which fall within
        the scope of the Services;

        4.1.6  The provision by Vsource of the Services and the performance of
        its obligation under this Agreement do not violate or infringe any third
        party Intellectual Property Rights, including without limitation,
        patent, trade secret, copyright,

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        trademark, trade dress, utility model, industrial design, mask work or
        moral rights, and that Vsource is not aware of any facts upon which such
        a claim could be made. Vsource shall give written notice to Agilent as
        soon as it becomes aware of any breach, claim or threat of legal
        proceedings which arises or is likely to arise in respect of any third
        party's Intellectual Property Rights.

        4.1.7  Vsource is either the rightful owner of all rights, title and
        interest in or the rightful licensee of all Intellectual Property Rights
        supplied or used in the provision of the Services.

        4.1.8  Vsource is under no obligation or restriction nor will it assume
        any such obligation or restriction which would in any way interfere with
        or present a conflict of interest concerning the provision of the
        Services or performance of its obligations under this Agreement.

4.2     Breach of Warranty.

        In the event of any breach of any of the warranties set out above,
        Vsource shall immediately provide notice of such breach to Agilent and
        Agilent shall give Vsource the opportunity to re-perform the Services or
        to take all appropriate action to remedy the breach within seven (7)
        days, in which case Vsource shall immediately undertake all necessary
        action to cure such breach to Agilent's satisfaction and at no
        additional costs or expense to Agilent. If such breach is not remedied
        within the seven (7) day period, Agilent may terminate this Agreement in
        accordance with Section 18.2.

4.3     THE ABOVE WARRANTIES ARE EXCLUSIVE AND TO THE EXTENT PERMITTED BY
        LAW, NO OTHER WARRANTY, WHETHER WRITTEN OR ORAL, IS EXPRESSED OR
        IMPLIED. THE PARTIES HERETO EXPRESSLY DISCLAIM ALL WARRANTIES OF
        MERCHANTIBILITY AND FITNESS FOR A PARTICULAR PURPOSE.

5. Audit and Inspection.

5.1     Right to Audit.

        Vsource will permit Agilent or any third party engaged by Agilent or
        where required by a government agency, upon being given reasonable
        notice, to audit and inspect all information, data, records, security
        and information technology systems, processes and procedures, internal
        controls, financial records and other documents and records of Vsource
        to the extent that they relate to the provision of the Services as may
        be necessary to verify: (a) that Vsource has satisfactory internal
        controls in place; (b) that the amounts charged under this Agreement are
        correct and in compliance with the terms of this Agreement; (c) that the
        procedures and actions taken or to be taken by Vsource comply with all
        terms of this Agreement and with all applicable laws and regulations;
        and (d) any other matter that Agilent or its auditors may be reasonably
        require to verify for the

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        purposes of applicable law or accounting standards. Agilent will bear
        all expenses for any audit and inspection initiated by Agilent.

5.2     Limitation on Audits.

        Except for any audit pursuant to Section 5.1 that Agilent is required to
        conduct or comply with by law or to verify Vsource's compliance with
        applicable laws and regulations, in respect of which there shall be no
        limit on the number of audits and inspections, the audits and
        inspections may be undertaken no more than three (3) times in each
        calendar year. Agilent shall consult with Vsource to minimize the
        disruption to Vsource and its employees that may be caused by any audit
        and inspection. All audits and inspections shall take place during
        normal business hours in the country in which such audit or inspection
        is taking place.

5.3     Duty to Assist Agilent in Audits.

        Vsource shall provide all reasonably necessary assistance (including but
        not limited to the provision of all information, data, records, access
        to premises, facilities and reasonable use of workspace) in any audit
        exercise where Agilent requires Vsource's support or participation
        whether such audit is conducted by Agilent, Agilent appointed auditors
        or any other third party auditors (including but not limited to
        government or government-appointed auditors) to enable Agilent to
        satisfy all audit requirements.

6.  Compensation.

6.1     Fees and Payment

        In consideration of the Services and satisfactory compliance with the
        Direction Documents under this Agreement, Vsource shall be compensated
        in the manner and in accordance with the fees, pricing rates and payment
        terms as set forth in Schedule B.

6.2     Pricing Rate to be Fixed

        The pricing rate set forth in Schedule B shall remain fixed for the Term
        of this Agreement, provided always however that if the Performance
        Standards are not met, Agilent shall be entitled to a reduction in the
        fees in accordance with Schedule F.

6.3     Increase of Pricing Rate

        Upon the renewal or extension of this Agreement, the parties may discuss
        and shall mutually agree upon the pricing rate to apply for the period
        of extension and Vsource may adjust the pricing rate for the continued
        provision of the Services provided always that if any increase to the
        pricing rate is proposed and is mutually agreed to by Agilent, such
        increase shall not exceed five (5) per cent of the then prevailing
        pricing rate under

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        this Agreement. Parties agree that any discussions on price shall be
        initiated by Vsource at least six (6) months prior to the expiry of this
        Agreement.

7.  Confidentiality.

7.1     Confidential Information.

        During the Term, a party (the "Recipient") may receive or have access to
        certain information of the other party (the "Discloser') that is marked
        as "Confidential Information," or communicated, whether orally or in
        writing, under circumstances imputing confidentiality including, but not
        limited to, inventions, intellectual property, know-how, trade secrets,
        user names and passwords, organizational information, business model
        information, business strategies, compensation and benefits and other
        human resource related plans, finances, fee structure, data and reports,
        employee particulars and information, third party information and any
        other proprietary information. The Recipient will protect the
        confidentiality of Confidential Information with the same degree of care
        as the Recipient uses for its own similar information, but no less than
        a reasonable degree of care, under the terms of the Confidential
        Disclosure Agreement ("CDA") attached as Schedule L. To the extent any
        term of this Agreement conflicts with any term in the CDA, the terms of
        this Agreement will control and take precedence. Confidential
        Information may only be used by those directors, officers, employees,
        agents and Contractors of the Recipient who have a need to know such
        information for the purposes related to this Agreement. In this regard,
        Vsource will ensure that all Vsource Personnel and Contractors who are
        involved in the provision of the Services or who have received
        Confidential Information are subject to and will sign up to the CDA set
        forth in Schedule L. In addition, Vsource will enter into a Personal
        Data Confidentiality Agreement ("PDCA") in the form contained in
        Schedule I. The parties acknowledge that all information relating to
        Agilent Employees' particulars and personal records and Agilent's
        salary, compensation and benefits plans and programs and related
        information are deemed Confidential Information, which will be protected
        for a term of five years from the date of termination of this Agreement.
        Other Confidential Information will be protected for the term designated
        by the disclosing party in a CDA.

7.2     Exclusions.

        The foregoing confidentiality obligations will not apply to any
        information that is (a) already known by the Recipient prior to
        disclosure, (b) independently developed by the Recipient prior to or
        independent of the disclosure, (c) publicly available through no fault
        of the Recipient, (d) rightfully received from a third party with no
        duty of confidentiality to the Discloser, (e) disclosed by the Recipient
        with the Discloser's prior written approval, or (f) disclosed under
        operation of law.

7.3     Access to Agilent Information Assets/Systems.

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        Access, if any, to Agilent information assets and/or systems is granted
        solely to facilitate the business relationship described in this
        Agreement, and is limited to those specific information assets/systems,
        time periods, and personnel designated as mutually agreed to by the
        parties from time to time. Access is subject to Agilent's then-current
        business control and information protection policies, standards and
        guidelines. Use of any other assets/systems other than that authorised
        by Agilent for the purposes of fulfiling the terms of this Agreement is
        expressly prohibited. This prohibition applies even when an asset/system
        in which Vsource is authorized to access serves as a gateway to other
        assets/systems outside the scope of the authorization. Use of other
        assets/systems during other time periods or by individuals not
        authorized by Agilent is expressly prohibited.Without limiting the
        foregoing, Vsource warrants that it has adequate security measures in
        place to comply with the above obligations and to insure that access
        granted hereunder will not impair the integrity and availability of
        Agilent's information assets/systems. Where required by Agilent, Vsource
        and its employees and personnel shall enter into the Information Assets
        and Access Agreement in the form contained in Schedule K

8. Insurance Coverage.

8.1     General Liability.

        Vsource shall maintain Commercial General Liability Insurance (including
        but not limited to contractual liability, personal injury liability and
        property damage) with a minimum limit of US$1,000,000 combined single
        limit per occurrence. Each policy obtained by Vsource shall name Agilent
        as an additional insured.

8.2     Workers Compensation/Employers Liability.

        Vsource shall maintain Workers' Compensation coverage, as required by
        applicable laws or regulations where the Services are performed; where
        permitted by law such coverage shall contain a waiver of the insurer's
        subrogation rights against Agilent. Vsource shall maintain Employer's
        Liability coverage, with limits of no less than US$500,000 each
        accident, bodily injury by accident; US$500,000 policy limit, bodily
        injury by disease; US$500,000 each employee, bodily injury by disease.
        All insurance shall apply as primary insurance and no other insurance
        shall be called upon to contribute to a loss covered thereunder, as
        respects Vsource's liabilities under this Agreement.

8.3     Professional Liability.

        Contractor shall carry Professional Liability Insurance covering acts,
        errors or omissions arising out of the rendering of, or failure to
        render, professional services related to the work performed or services
        provided under this Agreement. Such Insurance shall include

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        limits of coverage of not less than US$1,000,000 per occurrence, with a
        provision for no more than a deductible of US$100,000.

8.4     Fidelity Bond.

        Vsource shall be covered by Vsource Insurance or Commercial Blanket Bond
        with blanket limits of at least US$1,000,000. This policy shall name
        Agilent as a beneficiary with respect to losses of Agilent's money,
        securities or other property caused by the dishonest acts of Vsource's
        Personnel and any Contractors performing Services under this Agreement.

8.5     Fiduciary Liability.

        Vsource shall maintain Fiduciary Liability insurance with limits no less
        than US$1,000,000 for each claim. Such insurance shall include coverage
        for errors in providing Services under this Agreement.

8.6     Claims Made Coverage.

        If any policies have "claims made" coverage, Vsource shall maintain such
        coverages for a minimum of three years after termination of all Services
        under this Agreement. Any such coverage must have a retroactive date no
        later than the date upon which the Services commenced under this
        Agreement.

8.7     Certificates of Insurance.

        All insurance required hereunder shall apply as primary insurance and no
        other insurance shall be called upon to contribute to a loss covered
        thereunder, as respects Vsource's liabilities under this Agreement. Such
        insurance policies shall be written with appropriately licensed and
        financially responsible insurers, and shall provide for a minimum of 30
        days written notice to Agilent of any cancellation or reduction in
        coverage. Certificates of insurance evidencing the required coverage and
        limits shall be furnished to Agilent before any Services are provided
        hereunder, and Vsource shall deliver copies of the certificates to
        Agilent.

8.8     Additional Requirements.

        All deductibles on policies providing coverage shall be paid by Vsource.
        In the event Vsource is self insured for matters described in
        Sub-section 8.1, above, Vsource agrees to respond to any claims or
        losses made against or incurred by Agilent in the same fashion as if
        insurance had been purchased with the same or broader coverage terms
        than what is generally available to similar suppliers. In no event shall
        the coverages or limits of any insurance required under this Section, or
        the lack or unavailability of any other insurance, be deemed to limit or
        diminish Vsource's obligations or liability to Agilent under this
        Agreement.

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9.  Indemnity.

9.1     Vsource and Guarantor shall, jointly and severally, defend, indemnify,
        protect and hold harmless Agilent, its officers, directors, and
        employees from and against any and all claims, losses, liens, demands,
        attorneys' and expert witness fees, damages, liabilities, costs,
        expenses, obligations, fees, charges, penalties, causes of action, or
        suits, (collectively "Claims") to the extent that such Claims are
        caused by, arise out of, or are connected in any way with:

        9.1.1  any negligent act or omission, whether active or passive and
        whether actual or alleged, or willful misconduct of Vsource, Vsource
        Personnel or Contractors to the maximum extent permitted by law;

        9.1.2  the breach of this Agreement by Vsource, Vsource Personnel or
        Contractors of any of its contractual obligations, covenants,
        undertakings or promises under this Agreement;

        9.1.3  property loss, damage, personal injury or death, sustained by
        Vsource, Vsource Personnel or Contractors, except any loss, damage,
        personal injury or death occurring on Agilent's premises caused by the
        gross negligence or willful misconduct of Agilent or any of its
        servants, employees, agents or subcontractors;

        9.1.4  a breach by Vsource, Vsource Personnel or Contractors of any law,
        bye-law, enactments, orders, ordinances, rules or regulations
        promulgated by any country, state, government agency, legislative,
        statutory or regulatory body; or

        9.1.5  A breach by Vsource, Vsource Personnel or Contractors of the
        terms of Section 7, the CDA or the PDCA.

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10.  Limitation of Liability

     IN NO EVENT WILL EITHER PARTY BE LIABLE TO THE OTHER FOR ANY SPECIAL,
     INCIDENTAL, PUNITIVE OR CONSEQUENTIAL DAMAGES (INCLUDING BUT NOT LIMITED
     TO LOSS OF PROFITS) ARISING OUT OF ANY PERFORMANCE OF THIS AGREEMENT OR
     IN FURTHERANCE OF THE PROVISIONS OR OBJECTIVES OF THIS AGREEMENT,
     REGARDLESS OF WHETHER SUCH DAMAGES ARE BASED ON TORT, WARRANTY, CONTRACT
     OR ANY OTHER LEGAL THEORY, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH
     DAMAGES EXCEPT THAT THIS LIMITATION OF LIABILITY SHALL NOT APPLY IN THE
     CASE OF BODILY INJURY OR INTELLECTUAL PROPERTY RIGHTS CLAIMS.

11.  Intellectual Property Rights and Indemnity

11.1    All  Intellectual  Property  Rights  existing  prior to the date of this
        Agreement  will  belong to the party that owned such rights immediately
        prior to that date.

11.2    Neither party shall gain by virtue of this Agreement any rights of
        ownership of copyrights, patents, trade secrets, trademarks, or any
        other Intellectual Property Rights owned by the other unless otherwise
        stated in writing herein.

11.3    Agilent shall own all copyright, patents, trade secrets, trade marks
        and other Intellectual Property Rights, title and interest in or
        pertaining to all information, reports, records, data, formats, designs
        and any other documents and materials generated in the provision of the
        Services to Agilent pursuant to this Agreement.

11.4    Duty to Defend and Indemnify

        Vsource and Guarantor will, jointly and severally, defend, indemnify and
        hold harmless Agilent from all claims, losses, liabilities, damages,
        costs and expenses (including attorney and expert witness fees) suffered
        by reason of any third party claim, including any claim made or any suit
        or proceeding brought against Agilent, that the provision of Services by
        Vsource or the Work or use by Agilent thereof under this Agreement
        infringes or violates any patent, copyright, trademark, trade secret,
        utility model, industrial design, mask work, moral right or other
        Intellectual Property Right; provided, that Agilent promptly provides
        Vsource and Guarantor with written notice of such claim, grants to
        Vsource sole control of the defense and settlement negotiations relating
        to such claim, and provides all reasonable assistance in defending or
        settling such claim. If use of the Services or Work, or any part
        thereof, is enjoined, Vsource and Guarantor will, at their sole expense
        and option: (i) procure for Agilent the right to continue using the
        Services or Work; (ii) replace the Services or Work with a
        non-infringing version of equivalent function and performance; or (iii)
        modify the Services or Work to be non-

                                       13

<PAGE>

    infringing without detracting from the function or performance required
    under the terms of this Agreement.

12. Trademark License.

    Where requested by Vsource in writing, and subject to formal approval
    according to Agilent's policy and process guidelines, Agilent may grant to
    Vsource a non-exclusive, non-transferable license (the "License"), to use
    Agilent's corporate signature (the "Trademark") in delivering the Services
    to Agilent Employees. All goodwill arising from use of the Trademark by
    Vsource pursuant to this Agreement inures exclusively to the benefit of
    Agilent. Vsource agrees to comply with trademark use specifications provided
    by Agilent from time to time (the "Trademark Specifications"). Vsource will
    submit samples of all materially different printed and electronic materials
    bearing the Trademark to Agilent for approval prior to use, and shall not
    proceed with use until it has received Agilent's direct written approval
    from an individual authorized by Agilent to provide such approval. After
    samples have been approved pursuant to this paragraph, Vsource shall not
    depart therefrom in any material respect without Agilent's prior written
    consent.

    Agilent may modify or add to the Trademark Specifications and may change or
    replace the Trademark, upon written notice to Vsource. Agilent may terminate
    this License upon written notice to Vsource if Vsource defaults in the
    performance of any of its material obligations under this Sub-section,
    subject to a 90-day opportunity to cure any default that has not been
    previously raised in a written notice.

13. Steering Committee

13.1     Vsource and Agilent shall establish a Steering Committee which will be
         responsible for meeting periodically (but no less than 3 meetings per
         year) to review and align Vsources' performance under this Agreement to
         Agilent requirements; review the Implementation Plans and status and
         timing of all material aspects of the Work; resolve any areas of
         dispute and or potential dispute, and such other related activities as
         the parties shall mutually agree upon from time to time in furtherance
         of the relationship contemplated hereby. The Steering Committee shall
         comprise at least one member from each party as follows:

         Agilent                          Vsource

         Agilent HR Services Manager      Vice President of Financial Services
         HR IT Solutions Manager          Vsource Project Director

         The Meeting Coordinator will finalize a meeting agenda two (2) weeks
         before the meeting and ensure attendance by all appropriate
         participants. All actions and decisions taken by the Steering Committee
         shall be minuted, verified and signed by the authorised representatives
         of both parties.

                                       14

<PAGE>

14.  Performance Standards

14.1    Initial Performance Standards. Agilent and Vsource have identified
        certain categories of Services in Schedule F, which categories may be
        amended from time to time by mutual agreement, as critical functions
        related to the Services to be measured on a quarterly basis. Agilent and
        Vsource have and shall continue to mutually develop measurements for
        each of the Performance Standards in Schedule F, which measurements
        shall also be included in the Directions Documents. With respect to each
        Service that has an associated Performance Standard, Vsource shall
        provide such Service in a manner which meets or exceeds the associated
        Performance Standard.

14.2    Review of Performance Standards. Agilent and Vsource shall jointly
        review the Performance Standards as set forth in Schedule F, and where
        Vsource fails to meet the Performance Standards in Schedule F, the
        Parties shall make adjustments to the fees ("Fee Adjustments") payable
        under this Agreement in accordance with Schedule F.

14.3    Failure to Meet Performance Standards. In the event that Vsource fails
        to meet the Performance Standards identified in Schedule F, except for
        reasons other than those specified in this Agreement, Vsource shall
        immediately prepare and develop a detailed action plan in collaboration
        with Agilent that outlines the issues that precluded Vsource from
        meeting the performance of these standards in Schedule F and addresses
        how the issues will be resolved. Depending on the nature of the issues
        identified in such reviews, corrective action may entail addition of
        employee service representatives and/or Agilent and/or Vsource systems
        and operations resources to meet the Performance Standards.

14.4    TQRDCE Program. Vsource acknowledges that it has been provided with
        Schedule H, the TQRDCE Program ("Program") specifications by Agilent.
        Vsource shall use commercially reasonable efforts, which are consistent
        with the Agreement, to participate in the Program. Notwithstanding the
        foregoing, the terms and conditions of the Agreement shall control to
        the extent, if ever, the Program and any other terms of this Agreement
        are in conflict. Both parties agree and acknowledge that any information
        obtained during participation or as a result of participation in the
        Program by either party is Confidential Information and subject to
        Section 7 of this Agreement. Nothing in this Sub-Section, however, shall
        be construed to diminish nor reduce any other rights or remedies which
        Agilent may have under the terms of this Agreement

15.  Electronic Services.

15.1    Vsource may provide communications and Services via electronic medium,
        including, but not limited to, the site on the World Wide Web
        established and maintained by Vsource on behalf of Agilent through which
        Agilent and its authorized employees may access or obtain one or more
        Services, client intranet, client e-mail, interactive software products
        or any other information provided in an electronic format (collectively,
        the "Electronic Services"). Vsource hereby grants permission to Agilent
        and its authorized

                                       15

<PAGE>
        employees and participants to utilize the Electronic Services for the
        purposes of obtaining Services under this Agreement.

16.  Notice.

16.1    Except as otherwise permitted under this Agreement, all notices,
        demands, or other legal communications with material, financial or legal
        impact shall be given in writing by hand, courier, certified or
        registered mail, return receipt requested, postage prepaid, or
        telefacsimile (followed by certified or registered mail). Notice shall
        be deemed given upon actual delivery or, if sent by hand, on the date of
        delivery, if sent by courier and properly addressed, one (1) day after
        being mailed, if by certified or registered mail and properly addressed,
        three (3) days after being mailed, and if by telefacsimile upon
        confirmation of receipt. Notice shall be delivered, mailed or faxed to
        the other parties at the addresses set forth below or at such other
        place as the party shall designate in writing.

If to Vsource or Vsource, Inc.:

c/o Vsource (Malaysia) Sdn Bhd
Level 12, Wisma Kia Peng
No. 3, Jalan Kia Peng
50450 Kuala Lumpur, Malaysia
Fax:   6 (03) 7490-8008
Attn:  Vice President, Financial Services

If to Agilent:

c/o Agilent Technologies Taiwan Limited
8F, No.2,  Sec.1, Fushing S. Road
Taipei 104, Taiwan
Fax:  (886) 2 2 778 6296
Tel: (886) 2 2734 5660
Attn: Gloria Yeh

With a copy to:

c/o Agilent Technologies, Inc.
395 Page Mill Road
Palo Alto, CA 94303
USA
Fax: (650) 752 5769
Attn:  Dominique Grau

and

c/o Agilent Technologies Singapore (Sales) Pte Ltd

                                       16

<PAGE>

438, Alexandra Road
#11-01 Alexandra Point
Singapore 119958
Fax: (65)  275 3991
Attn: Rohana Weiler/Low Peck Kem

17.  Dispute Resolution.

In the event of any dispute between Vsource and Agilent relating to a material
section of this Agreement, the parties shall hold a meeting promptly, attended
by persons with senior decision making authority regarding the dispute, to
attempt in good faith to negotiate a resolution of the dispute; provided,
however, that no such meeting shall be deemed to vitiate or reduce the
obligations or liabilities of the Parties hereunder or be deemed a waiver by a
Party hereto of any remedies to which such Party would otherwise be entitled
hereunder. Failing a resolution of the dispute by senior employees of the
Parties, either Party may pursue all available legal remedies.

18.  Term and Termination.

18.1    Term. Unless terminated under the terms of this Agreement, this
        Agreement shall expire on 31st October 2005 (the "Term") and will
        thereafter be automatically renewed for terms of one (1) year each.
        Where parties have commenced a discussion on price changes under Section
        6.3, the price change shall take effect from the date mutually agreed
        to. If the parties are unable to reach an agreement under Section 6.3,
        then this Agreement may be terminated with six (6) months' written
        notice from either party.

18.2    Termination for Breach. Subject to Section 18.5, if either party commits
        a breach of any of the terms of this Agreement, the other party shall
        give the breaching party written notice to cure such breach. Upon such
        notice, if the breach is material and is not cured within sixty (60)
        days after such notice (or such additional time to cure as may be
        granted by the non-breaching party), the non-breaching party may elect
        in writing to terminate this Agreement immediately. In the case where
        the breach is immaterial, the party in default shall cure such breach
        within sixty (60) days after being notified of such breach (or such
        additional time to cure as may be granted by the non breaching party),
        failing which the non-breaching may in writing terminate this Agreement
        immediately.

18.3    Termination for Convenience. Following the first anniversary of the
        Effective Date, Agilent may terminate this Agreement at any time upon
        giving two hundred and seventy (270) days' written notice to Vsource
        unless a shorter notice period is agree upon by Vsource. Vsource may
        after the first anniversary of the Effective Date terminate this
        Agreement at any time upon giving three hundred and sixty five (365)
        days' prior notice in writing to Agilent, unless a shorter period of
        notice is agreed upon by Agilent .

18.4    Events entitling Termination. Either party may immediately terminate
        this Agreement in the event the other party (i) ceases to do business as
        a going concern (a corporate consolidation, merger, reorganization or
        acquisition through which a party may be

                                       17

<PAGE>

        succeeded in its business by another entity shall not be deemed to be
        ceasing to do business); or (ii) makes a general assignment for the
        benefit of creditors; or (iii) is insolvent, files for bankruptcy or is
        the subject of receivership, unless otherwise prohibited by law;

18.5    Breach of Performance Standards. Failure by Vsource to meet a
        Performance Standard shall constitute a breach of this Agreement and
        Agilent shall give Vsource sixty (60) days written notice (or such
        additional time to cure as Agilent may choose) to cure such breach. If
        Vsource fails to remedy the breach within the said notice period,
        Agilent may terminate this Agreement at the expiry of the notice period.
        Notwithstanding the foregoing, where the breach of a Performance
        Standard is immaterial or insubstantial, Vsource and Agilent shall
        discuss the effects of such breach and remedial actions that are
        required to be taken by Vsource to remedy such breach. Upon a failure by
        the Parties to (i) reach an agreement within sixty (60) days from the
        commencement of such discussions on the required remedial action and
        (ii) if the breach should (a) have continued for a consecutive period of
        two (2) months or (b) continue to occur intermittently to an extent that
        it is unsatisfactory to Agilent, then Agilent may terminate this
        Agreement at the end of the sixty (60) day period.

19.  Transition  Assistance.

19.1    In the event of expiry or termination of this Agreement, Vsource shall
        provide such assistance for the period necessary to ensure orderly
        transition in accordance with the terms of Schedule G including the
        provision of all necessary assistance and access to all systems, data,
        records, and premises relating to the Services by Agilent or
        Agilent-appointed third parties to effectively conduct transition
        activities. In the event of termination of this Agreement (except where
        Vsource has terminated for Agilent's non-payment of undisputed fees in
        accordance with the terms of this Agreement) Vsource shall assist
        Agilent in developing a plan for the orderly transition of the Services
        provided by Vsource hereunder to Agilent.

19.2    As part of the transition services, Vsource shall ensure that copies of
        all data, information, records, work-in-progress, work-flowcharts and
        documented payroll processes, and all material aspects and items of the
        Work including any Intellectual Property Rights and Confidential
        Information shall be provided to Agilent in a form or media that is
        readily accessible.

19.3    Where training is required for Agilent to be able to fully utilise the
        items provided by Vsource in Section 19.2 above, or to be able to set up
        systems and processes within Agilent or an Agilent appointed third-party
        so that Agilent may smoothly carry on the Services either by itself or
        through a third party, Vsource shall also provide such training as part
        of the transition services (except where Vsource has terminated for
        Agilent's non-payment of undisputed fees in accordance with the terms of
        this Agreement).

                                       18

<PAGE>

19.4    In the event of termination of this Agreement and where requested by
        Agilent, Vsource shall provide all reasonable assistance required to
        have such software applications and customizations transferred over to
        Agilent in order for Agilent's continued use. This shall be subject to
        and contingent upon an agreement to be entered into between Agilent and
        the relevant Vsource Contractor for the license and use of such
        applicable software applications and customizations thereof.

20.  Amendment and Change Procedures

20.1    The parties may change or amend any aspect of this Agreement and any
        Schedule hereto by mutual written agreement at any time signed by the
        authorized representatives of the parties, including but not limited to,
        changes or amendments related to (i) the deletion of Services, (ii) the
        addition of Services, (iii) the modification of Services, or (iv) any
        other changes or amendments that alter the scope of this Agreement. Any
        such change or amendment shall be made in accordance this Section.
        Either party hereto may request a change or amendment in accordance with
        this Section. The party requesting the change or amendment shall
        prepare, at its expense, a notice setting forth, in reasonable detail,
        the nature of the change or amendment requested in accordance with the
        guidelines contained in Schedule E (a "Change Control Request"). As soon
        as practical after receipt by the other party of the Change Control
        Request, the parties shall discuss the change or amendment to ascertain
        the effect of such proposed change or amendment on the Services, and the
        fees payable hereunder, and whether the work may be performed under
        authorization of a Letter of Direction, as set forth below, or whether a
        contract change or amendment is necessary. The obligations of both
        parties under this Agreement shall continue during discussion of the
        Change Control Request.

20.2    Any work that modifies the obligations of the parties on an ongoing
        basis requires a contract change or amendment. Vsource shall prepare a
        draft contract change or amendment setting forth the effect of the
        change or amendment on the Services, and the fees agreed by the parties
        to be payable hereunder. Execution of an amendment by authorized
        representatives of both parties shall constitute a modification hereof

20.3    If the work is non-recurring in nature and does not impact the Services
        or the fees on an ongoing basis, such work as mutually agreed between
        the parties may be performed under authorization of a letter describing
        the scope of the work to be performed and signed by the individuals
        approved to sign as designated in Schedule D (a "Letter of Direction").
        The Letter of Direction may be used only for discrete project work that
        falls outside the scope of the contract but does not alter the
        obligations of the parties once such project is complete. Any work
        contemplated under a Letter of Direction must be reasonably capable of
        completion in less than one (1) year. Work authorized under a Letter of
        Direction shall commence only after the Letter is signed by the
        individuals approved to sign, as designated in Schedule D.

20.4    Notwithstanding anything in this Agreement, Agilent may at any time,
        upon reasonable notice, and without any adjustment in the amount of the
        fees payable, make changes to

                                       19

<PAGE>

        the Implementation Plans where such changes relate to the timing and
        sequence of the implementation of the Services. Agilent acknowledges
        that the payment of Implementation Fees (as defined in Schedule B) to
        Vsource is dependent upon the achievement by Vsource of specified
        milestones, and therefore if Agilent pursuant to this Section 20.4
        materially delays the implementation schedule set forth in Schedule C,
        it agrees to discuss with Vsource the impact of the change and to come
        to mutually agree upon any changes to the payment schedule that may be
        required as a result thereof.

21.  General

21.1    Transfer, Assignment and Delegation.

Neither party may directly or indirectly, in whole or in part, either by
operation of law or otherwise, assign or transfer this Agreement or in any way
delegate any of its obligations under this Agreement without the other party's
prior written consent, such consent not to be unreasonably withheld. Any
attempted assignment, transfer or delegation without such written consent shall
be void.

21.2    Independent Contractors.

Vsource and Agilent are independent contractors. Nothing contained in this
agreement will be construed as creating a joint venture, partnership, or
employment relationship between the parties hereto, nor will either party have
the right, power or authority to create any obligation or duty, express or
implied, on behalf of the other. Agilent will not be responsible for the payment
or deduction of any amount whatsoever required by law to be made by an employer
(other than itself) in relation to its employees. Neither Vsource, Vsource
Personnel nor Contractors will be covered by any Agilent employee benefit plans
or insurance policies.

21.3    Publicity

Each party agrees not to publicize or disclose (whether in the form of a press
release or otherwise) to any third party without prior written consent of the
other party, either the terms of this Agreement or the fact of it existence and
execution except as may be necessary to comply with other obligations stated in
this Agreement or required by applicable law or regulation. Notwithstanding the
foregoing and subject to formal approval according to Agilent's policy and usage
guideline, Agilent agrees that Vsource and its parent company, Vsource, Inc.,
may publicly refer to "Agilent" or "Agilent Technologies", orally and in
writing, as a customer (without disclosing any details of the nature of the
relationship or the services being provided thereto) and may list the name
"Agilent" or "Agilent Technologies" and the Agilent logo in any non-descriptive
list of customers of Vsource, including in Vsource's website, its sales
materials and the "About Vsource" section of Vsource's press releases.

                                       20

<PAGE>

21.4    Force Majeure

Neither party shall be liable nor deemed to be in default of its obligations
hereunder or any delay or failure in performance under the Agreement or other
interruption of service resulting, directly or indirectly, from Acts of God,
civil or military authority, act of public enemy, war, natural disasters or
catastrophes, interruption of utilities or other necessary services or supplies
or any other cause beyond the reasonable control of the party affected thereby.
However, each party shall utilize its best good faith efforts to perform such
obligations to the extent of its ability to do so in the event of any such
occurrence or circumstances. If a party is unable to cure such occurrence or
circumstance (a "Force Majeure event") within 30 days, the other party may
terminate this agreement for cause as provided in Section 18.2.

21.5    Schedules and Order of Precedence

All Schedules referenced in, attached to, or hereby incorporated in this
Agreement will form part and parcel of this Agreement. In the event of any
conflict or inconsistency between the provisions of this Agreement and any
Schedule, the provisions of the latter will to the extent of such conflict take
precedence unless expressly provided otherwise in this Agreement.

21.6    Final Agreement.

This Agreement, including all Schedules attached hereto and made a part hereof,
supersedes all written and oral agreements, communications or negotiations among
the parties, and constitutes the complete and full understanding and agreement
of the parties with regard to the subject matter hereof. Furthermore, such
Schedules, Directions documents and any other documents referenced herein shall
legally bind both parties and be subject to the terms and conditions of this
Agreement. No changes or amendments shall have any effect unless made in writing
and properly executed by the parties' authorized representatives in accordance
with the terms of this Agreement.

21.7    Severability.

If any term or provision of this Agreement or the application thereof to any
person or circumstances will, to any extent, be invalid or unenforceable, the
remainder of this Agreement, or the application of such term or provision to
persons or circumstances other than those as to which it is held invalid or
unenforceable, shall not be affected thereby, and each term and provision of
this Agreement shall be valid and enforceable to the fullest extent permitted by
law.

21.8    Counterparts.

This Agreement may be executed in any number of counterparts, each of which
shall constitute one and the same Agreement.

                                       21

<PAGE>

21.9    Survival.

Vsource's and Client's respective obligations under this Agreement which by
their nature would continue beyond the termination of this Agreement, including
but not limited to these contained in Sections 3.4.1, 7, 9, 10, 11.4, 16, 19,
21.2, 21.3, 21.5, 21.6, 21.7, 21.10, 21.11, and 21.12 shall survive any
termination thereof.

21.10   No Waiver.

A party's failure, at any time, to enforce any of the provisions of this
Agreement, or any right with respect thereto, shall not be construed as a waiver
of such provision or right, nor shall it affect the validity of this Agreement.

21.11   Headings.

The headings in this Agreement are included for convenience only, and will not
affect the construction or interpretation of any provision in this Agreement.

21.12   Governing Law.

The validity, interpretation, and performance of this Agreement and any dispute
in relation to any matter arising from this Agreement shall be governed by the
laws of Singapore and the Singapore Courts shall have jurisdiction.

21.13   Third-Party Beneficiaries.

The Parties hereby expressly agree and consent to this Agreement being entered
into for the benefit of Vsource, Agilent and the Agilent Entities listed in
Schedule J. Vsource further agrees that any duty or obligation to Agilent stated
herein shall to the fullest extent permitted by law inure to the benefit of and
be deemed to be a duty and obligation to each of the Agilent Entities which
shall be fully enforceable by each of those entities.

                                       22

<PAGE>

         IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
executed by their duly authorized officers or representatives. This Agreement
may be executed in multiple counterparts, each of which shall be deemed to be an
original instrument.

AGILENT TECHNOLOGIES SINGAPORE (SALES) PTE LTD

--------------------------          ---------------------------
Name: DATO' TAN BIAN EE             Name: ROHANA WEILER
Title: President                    Title: AP Human Resources Senior Director
Date:                               Date:

VSOURCE (CI) LTD

--------------------------          ---------------------------
Name: JOHN CANTILLON                Name: DENNIS SMITH
Title: Chief Operating Officer      Title: Chief Financial Officer
Date:                               Date:

VSOURCE, INC.

--------------------------          ---------------------------
Name: JOHN CANTILLON                Name: DENNIS SMITH
Title: Chief Operating Officer      Title: Chief Financial Officer
Date:                               Date:

                                       23SIXTH AMENDMENT AND WAIVER

THIS SIXTH AMENDMENT AND WAIVER, dated as of June 7, 2002 (this "Amendment
and Waiver"), is given with respect to, the Post-Confirmation Credit
Agreement dated as of October 20, 2000, as amended by the First Amendment
dated as of March 14, 2001 (the "First Amendment"), the Second Amendment
and Waiver dated as of July 23, 2001 (the "Second Amendment"), the Third
Amendment and Consent dated as of October 31, 2001 (the "Third Amendment"),
the Fourth Amendment and Consent dated as of February 8, 2002 (the "Fourth
Amendment"), and the Fifth Amendment, Waiver and Consent dated as of
February 28, 2002 (the "Fifth Amendment"; such Post-Confirmation Credit
Agreement as so amended, the "Credit Agreement"), among TOKHEIM
CORPORATION, an Indiana corporation (the "Company"), and various
subsidiaries thereof as borrowers (the Company and such subsidiaries
together, the "Borrowers"), various financial institutions as lenders (the
"Lenders"), AMSOUTH BANK, as a Lender and as documentation agent for the
Lenders (the "Documentation Agent"), and ABN AMRO BANK N.V., as a Lender,
as issuing lender and as administrative agent for the Lenders (the
"Administrative Agent", and together with the Documentation Agent, the
"Agents").

WHEREAS, pursuant to the Fifth Amendment and that certain Waiver and
Consent dated as of April 15, 2002, as amended (the "Waiver and Consent"),
the Lenders waived, through June 15, 2002, the EBITDA Event of Default (as
defined in the Waiver and Consent) provided, among other things, the
Borrowers executed, by no later than June 7, 2002, a binding term sheet
that set forth the material terms of the Company's plan of recapitalization
and restructuring acceptable in form and substance to the Administrative
Agent;

WHEREAS, the agreements and undertakings of the Company contained in
Section 7 hereof set forth the material terms of a binding plan of
recapitalization and restructuring acceptable to the Administrative Agent;

WHEREAS, the Borrowers have requested that the Lenders agree to certain
other matters, including, without limitation, waiver of compliance by the
Borrowers with the financial covenants set forth in Sections 10.6.1 through
10.6.5 of the Credit Agreement, and the Lenders are willing to agree to
such other matters, as hereinafter set forth;

NOW, THEREFORE, in consideration of the premises and for other good and
valuable consideration (the receipt and sufficiency of which are hereby
acknowledged), the parties hereto agree as follows:

SECTION 1. WAIVERS. In reliance on the representations and warranties set
forth in this Amendment and Waiver and subject to satisfaction of the
conditions set forth in the first sentence of Section 6 hereof, the Lenders
hereby waive, effective as of May 31, 2002, for the Computation Period
ending February 28, 2002 through the Computation Period ending August 31,
2002, inclusive, compliance by the Borrowers with Sections 10.6.1 through
10.6.5, inclusive, of the Credit Agreement; provided that commencing with
the Computation Period ending November 30, 2002 and thereafter all of the
covenants and provisions referred to in this Section 1 shall apply to and
be effective against the Loan Parties, and all rights, privileges and
remedies of the Agents and the Lenders relating thereto under the Credit
Agreement and the other Loan Documents shall be fully effective and
enforceable.

SECTION 2. LOANS, LETTERS OF CREDIT NOT REQUIRED. In consideration of the
waivers set forth in Section 1 above, and notwithstanding any provision to
the contrary set forth in the Credit Agreement or any of the other Loan
Documents, each of the Borrowers hereby acknowledges and agrees that: (a)
no Lender is required or otherwise obligated to, and no Borrower shall
request that any Lender, (i) make any additional Loans or (ii) otherwise
extend any additional credit to any Borrower, (b) the Issuing Lender and
the Lenders are not required or otherwise obligated to issue, and no
Borrower shall request that the Issuing Lender or any Lender issue, any
Letters of Credit other than Letters of Credit (or renewals thereof) issued
to renew Letters of Credit outstanding on the date hereof in accordance
with the requirements of Section 2.3 of the Credit Agreement; and (c) from
and after the Effective Date, in addition to and not in lieu of any
additional limitations thereon in the Credit Agreement, the Revolving Loans
shall not exceed the amount of the Revolving Outstandings as of the
Effective Date less any amounts thereof repaid by the Borrowers (including,
without limitation, any amounts repaid on the Revolving Loans as a result
of any Mandatory Prepayment Event, including payment of Schlumberger
Proceeds, pursuant to Section 6.2.2(a)). This Section 2 shall amend and
restate in its entirety the covenant and agreement of the parties set forth
in Section 4 of the Fifth Amendment.

SECTION 3. AMENDMENT. In reliance on the representations and warranties set
forth in this Amendment and Waiver, and subject to satisfaction of the
conditions set forth in Section 6 hereof, the Borrowers and, by execution
and delivery of a Consent in the form of Exhibit 1 hereto, each of the
Tranche B Term Lenders hereby agree that Section 4.2 of the Credit
Agreement shall be amended to add the following sentence at the end
thereof:

     "Notwithstanding the foregoing, all interest which shall accrue on the
     Tranche B Term Loans during the period commencing May 25, 2002 and
     ending November 30, 2002, inclusive, shall be due and payable on
     November 30, 2002."

SECTION 4. REPRESENTATIONS AND WARRANTIES. In order to induce the Agents
and the Lenders to enter into this Amendment and Waiver, the Borrowers,
jointly and severally, represent and warrant (which representations and
warranties shall survive the execution and delivery hereof) to the Agents
and the Lenders that, after giving effect to this Amendment and Waiver:

     (a)  the representations and warranties in the Credit Agreement and
          the other Loan Documents are true and correct in all material
          respects on and as of the Effective Date with the same effect as
          if made on and as of the Effective Date (except to the extent
          relating solely to an earlier date, in which case they were true
          and correct as of such earlier date);

     (b)  no Event of Default or Unmatured Event of Default will exist
          after giving effect to this Amendment and Waiver;

     (c)  the execution and delivery by the Borrowers of this Amendment and
          Waiver and the performance by the Borrowers of their obligations
          under the Credit Agreement and the other Loan Documents (i) are
          within the corporate or limited liability company, as applicable,
          powers of each Borrower, (ii) have been duly authorized by all
          necessary corporate or limited liability company action, as
          applicable, (iii) have received all necessary approvals from all
          governmental authorities having jurisdiction over any Borrower
          and (iv) do not and will not conflict with any provision (x) of
          any law, rule, regulation, requirement, administrative order,
          decree or agreement that is binding on the Company or any of its
          Subsidiaries or to which any of their property is subject or (y)
          of the certificate of incorporation or bylaws or other
          organizational documents of any Borrower;

     (d)  the Credit Agreement and the other Loan Documents are the legal,
          valid and binding obligations of each Borrower, enforceable
          against such Borrower in accordance with their terms, subject to
          bankruptcy, insolvency or similar laws affecting the enforcement
          of creditors' rights generally and subject to general principles
          of equity (regardless of whether considered in a proceeding at
          law or in equity);

     (e)  as of the Effective Date,

          (i)  the authorized capital stock of the Company consists solely
               of 30,000,000 shares of Common Stock and 5,000,000 Special
               Shares; of the Special Shares, as of the Effective Date,
               1,700,000 shares of ESOP Preferred Stock have been
               designated and 25,000 shares of Lender Preferred have been
               designated. Of the authorized capital stock of the Company
               (assuming no Warrant is exercised), 4,127,915 shares of
               Common Stock, 960,000 shares (including treasury shares) of
               ESOP Preferred Stock (convertible to Common Stock pursuant
               to the terms of the Restated Charter) and 10,000 shares of
               Lender Preferred are issued and outstanding. All of such
               outstanding capital stock is validly issued, fully paid and
               nonassessable and has been issued in compliance with all
               applicable securities laws. Furthermore, the outstanding
               warrants to purchase Common Stock of the Company consist
               solely of (x) 678,334 Series A Warrants to purchase shares
               of Common Stock, no par value, at the exercise price of
               $0.01; (y) 555,556 Series B Warrants to purchase shares of
               Common Stock, no par value, at the exercise price of $30.00;
               and (z) 549,451 Series C Warrants to purchase shares of
               Common Stock, no par value, at the exercise price of $49.46;
               and

          (ii) except as set forth on Schedule 9.24 to the Credit Agreement
               and except for the Warrants, the Lender Preferred and the
               ESOP Preferred Stock, there are no existing options,
               convertible securities, warrants, calls, pledges, transfer
               restrictions (except restrictions imposed by federal and
               state securities laws), liens, rights of first offer, rights
               of first refusal, anti-dilution provisions or commitments of
               any character created by or binding upon the Company or to
               which the Company is a party relating to any issued or
               unissued shares of capital stock of the Company. Except for
               the Warrants, the Lender Preferred and the ESOP Preferred
               Stock, there are no preemptive or other preferential rights
               applicable to the issuance and sale of equity securities (or
               securities convertible or exercisable into or exchangeable
               for equity securities) of the Company;

     (f)  as of May 31, 2002, (i) the aggregate outstanding principal
          balance of the Tranche A Term Loans is $33,087,129.43, (ii) the
          aggregate outstanding principal balance of the Tranche B Term
          Loans is $100,668,187.45, (iii) the aggregate outstanding
          principal balance of the Special Loans is $129,223,429.62 and
          (iv) the aggregate Revolving Outstandings are $35,502,401.14,
          including the Stated Amount of all Letters of Credit in the
          aggregate amount of $2,502,401.14; and

     (g)  the obligation of the Borrowers and the other Loan Parties to
          repay the Loans and the other obligations under the Loan
          Documents are absolute and unconditional, and there exists no
          right of setoff or recoupment, counterclaim or defense of any
          nature whatsoever to payment of such obligations.

SECTION 5. LIMITED AMENDMENT AND WAIVER. This Amendment and Waiver shall be
limited precisely as written and shall not be deemed (i) except as
expressly set forth in Section 1 or Section 3 above, to be an amendment,
waiver or modification of, or a suspension of compliance with, any other
term or condition of the Credit Agreement, any Loan Document or any of the
instruments or agreements referred to in such documents or, except as
expressly set forth in Section 1 above, a waiver of any Unmatured Event of
Default or Event of Default under the Credit Agreement, whether or not
known to any of the Agents or the Lenders or (ii) to prejudice any other
right or rights that the Agents or the Lenders may now or in the future
have under or in connection with the Credit Agreement, any other Loan
Document or any instruments or agreements referred to therein.

SECTION 6. EFFECTIVENESS. The waivers set forth in Section 1 above shall
become effective as of the date hereof (the "Effective Date"), subject to
satisfaction of the following conditions (unless waived in writing by the
Administrative Agent or the requisite Lenders pursuant to the Credit
Agreement, as the case may be):

     (a)  receipt by the Administrative Agent of:

          (i)  counterparts of this Amendment and Waiver fully executed by
               the Borrowers and the requisite Lenders pursuant to the
               Credit Agreement;

          (ii) a counterpart of the Reaffirmation of Loan Documents,
               substantially in the form of Exhibit 2 hereto, fully
               executed by each --------- Loan Party; and

          (iii) such other documents as the Administrative Agent or any
               Lender may reasonably request;

     (b)  all legal matters in connection with this Amendment and Waiver,
          the Credit Agreement and the other Loan Documents shall be
          reasonably satisfactory to Clifford Chance Rogers & Wells LLP,
          counsel for the Administrative Agent;

     (c)  in immediately available funds, payment of all outstanding
          amounts that have been invoiced by or on behalf of the
          Administrative Agent and unpaid as of the date hereof with
          respect to all reimbursable fees, charges or expenses payable in
          accordance with the terms and provisions of the Credit Agreement
          and the other Loan Documents, including, without limitation, all
          Attorney Costs of Clifford Chance Rogers & Wells LLP, counsel for
          the Administrative Agent, all fees and disbursements of FTI
          Policano & Manzo, financial advisor to such counsel, and all
          amounts due and payable pursuant to Section 8.5; and

     (d)  upon the effectiveness of this Amendment and Waiver, (i) the
          representations and warranties in this Amendment and Waiver are
          true and correct in all material respects on and as of the
          Effective Date, (ii) no Event of Default shall have occurred and
          be continuing and (iii) no Unmatured Event of Default shall occur
          or be continuing.

The amendment set forth in Section 3 hereof shall be effective upon and
subject to both satisfaction of the conditions set forth in the preceding
sentence and receipt by the Administrative Agent of a Consent in the form
of Exhibit 1 hereto signed by each Tranche B Term Lender. The failure of
the amendment set forth in Section 3 hereof to become effective shall not
limit the effectiveness of the other provisions of this Amendment and
Waiver.

Except as provided in Section 9 below, this Amendment and Waiver shall be
of no force and effect if the preceding conditions have not been satisfied
by June 14, 2002.

For purposes of determining compliance with the conditions specified in
this Section 6, each Lender that has executed this Amendment and Waiver
shall be deemed to have consented to, approved or accepted, or to be
satisfied with, each document or other matter either sent, or made
available for inspection, by the Administrative Agent to such Lender for
consent, approval, acceptance or satisfaction, or required thereunder to be
consented to or approved by or acceptable or satisfactory to the
Administrative Agent and the requisite Lenders pursuant to the Credit
Agreement, but excluding (unless such Lender shall have actually executed
the same) the Consent in the form of Exhibit 1 hereto.

SECTION 7. POST-CLOSING COVENANTS. The Borrowers, jointly and severally,
covenant and agree as follows:

     (a)  (i)  By no later than June 14, 2002, the Company shall retain
               an investment banking firm acceptable to the Administrative
               Agent, which firm shall promptly develop a plan reasonably
               acceptable to the Administrative Agent and the Majority
               Lenders to explore all strategic options available to the
               Company, including, without limitation, asset dispositions,
               refinancings and equity investments (the "Tokheim 2002
               Strategic Plan"). The Company shall diligently pursue the
               Tokheim 2002 Strategic Plan (it being understood the Company
               is not obligated to accept any proposals submitted in
               connection with the Tokheim 2002 Strategic Plan), and the
               Company and representatives of such investment banking firm
               shall meet with (including by conference telephone) and
               update the Administrative Agent and the Lender Steering
               Committee with respect to developments and progress in
               effectuating the Tokheim 2002 Strategic Plan every two weeks
               and at such other intervals as shall be requested from time
               to time by the Administrative Agent;

          (ii) By no later than July 15, 2002, the Company shall provide
               copies to the Administrative Agent of its final offering
               circular or memorandum in respect of the Tokheim 2002
               Strategic Plan;

          (iii) By no later than August 15, 2002, the Company shall have
               completed the solicitation (and shall have provided copies
               to the Administrative Agent) of non-binding proposals from
               all interested parties in respect of the Tokheim 2002
               Strategic Plan; and

          (iv) By no later than September 30, 2002, the Company shall have
               completed the solicitation (and shall have provided copies
               to the Administrative Agent) of final binding proposals from
               all interested parties in respect of the Tokheim 2002
               Strategic Plan;

     (b)  The Company shall, at all times, retain interim or permanent
          chief executive and chief financial officers reasonably
          acceptable to the Administrative Agent;

     (c)  Neither the Company nor any Subsidiary shall (i) accept any
          settlement of its claims against Schlumberger Limited or (ii)
          enter into or consummate any Asset Sale if the Net Cash Proceeds
          of such Asset Sale would be in excess of $1,000,000, unless in
          each case the terms thereof shall be reasonably acceptable to the
          Administrative Agent; and

     (d)  Neither the Company nor any Subsidiary shall, without the prior
          written consent of the Administrative Agent, exercise any
          permissive right or other option it may have to effectuate (i)
          the termination of the ESOP or (ii) the redemption of any ESOP
          Preferred Stock held by the trustee for the ESOP;

     it being expressly acknowledged and agreed that any failure to keep,
     perform and/or satisfy such undertakings set forth in the foregoing
     subsections 7(a)-(d) (x) shall constitute an Event of Default under
     the Credit Agreement and the rights and remedies of the Agents and the
     Lenders arising as a result thereof under the Credit Agreement and the
     other Loan Documents are hereby expressly preserved and (y) shall
     cause the waivers set forth in Section 1 above to become immediately
     null and void and such waivers shall be treated as if they were never
     granted.

     (e)  The Borrowers jointly and severally covenant and agree that any
          amounts realized by any Borrower or any Subsidiary from any life
          insurance policy in connection with (i) settlement of any claim
          by a vested participant in the Company's Supplemental Executive
          Retirement Plan in excess of the amount of such settlement or
          (ii) termination or surrender of any life insurance policy
          covering any participant, in each case net of direct costs and
          expenses incurred in connection therewith, shall be deemed
          Designated Proceeds under Section 6.2.2(a) of the Credit
          Agreement, shall be applied as prepayments of the Loans
          concurrently with receipt thereof by such Borrower or Subsidiary
          and shall be applied to the Loans as set forth in the last
          sentence of Section 6.2.2(a) of the Credit Agreement in the same
          manner as proceeds received under Section 6.2.2(a)(vii) thereof.
          This provision shall be deemed an additional covenant and
          agreement of the Borrowers under Section 6.2.2 of the Credit
          Agreement and amends and restates in its entirety subsection 6(b)
          of the Waiver and Consent. ---------------

SECTION 8.        MISCELLANEOUS.

     8.1 Continuing Effectiveness, etc. The Credit Agreement and the other
Loan Documents shall remain in full force and effect after giving effect to
this Amendment and Waiver and are hereby ratified and confirmed in all
respects. After the Effective Date, all references to the "Credit
Agreement" or similar terms in the Credit Agreement, the Notes, each other
Loan Document and any similar document shall refer to the Credit Agreement
as hereby supplemented and as previously amended, modified or supplemented.
This Amendment and Waiver shall constitute a Loan Document as defined in
the Credit Agreement, and the provisions of this Amendment and Waiver may
be amended, modified or supplemented, or any provision hereof waived, only
in accordance with and subject to the provisions of the Credit Agreement.

     8.2 Reaffirmation of Security Interest. Each of the Borrowers hereby
reaffirms as of the date hereof each and every security interest and lien
granted in favor of the Administrative Agent and the Lenders under the Loan
Documents and agrees and acknowledges that such security interests and
liens shall continue from and after the date hereof and shall remain in
full force and effect from and after the date hereof, in each case after
giving effect to the Credit Agreement as amended by this Amendment and
Waiver, and the obligations secured thereby and thereunder shall include
the Borrowers' obligations under the Credit Agreement as amended by this
Amendment and Waiver. Each such reaffirmed security interest and lien
remains and shall continue to remain in full force and effect and is hereby
in all respects ratified and confirmed.

     8.3 Further Assurances. Each of the Loan Parties expressly
acknowledges and agrees (i) to enter into such other or further documents,
and to take such other or further actions that may be necessary, or, in the
opinion of the Administrative Agent, desirable, to perfect, preserve or
protect the liens and security interests created under the Loan Documents
and (ii) to grant liens on such other or further property or assets of the
Loan Parties not currently encumbered to secure all obligations of the Loan
Parties as the Administrative Agent may require; provided that no Loan
Party shall have any obligation to grant liens on any such other or further
property to the extent that such Loan Party can demonstrate, to the
reasonable satisfaction of the Administrative Agent, that the granting of
such lien would have a material and adverse tax consequence to the Loan
Parties.

     8.4 Counterparts. This Amendment and Waiver may be executed in any
number of counterparts and by the different parties on separate
counterparts. Each such counterpart shall be deemed to be an original, but
all such counterparts shall together constitute one and the same Amendment
and Waiver. Delivery of an executed counterpart of a signature page of this
Amendment and Waiver by facsimile shall be as effective as delivery of a
manually executed counterpart of this Amendment and Waiver.

     8.5 Expenses. The Company agrees that its obligations set forth in
Section 14.6 of the Credit Agreement to pay the reasonable out-of-pocket
costs and expenses of the Administrative Agent (including Attorney Costs)
shall extend to the preparation, execution and delivery of this Amendment
and Waiver and any other documentation contemplated hereby (whether or not
this Amendment and Waiver becomes effective or the provisions contemplated
hereby are consummated), including, but not limited to, the reasonable fees
and disbursements of Clifford Chance Rogers & Wells LLP, counsel for the
Administrative Agent, and FTI Policano & Manzo, financial advisor to such
counsel.

     8.6 GOVERNING LAW. THIS AMENDMENT AND WAIVER SHALL BE A CONTRACT MADE
UNDER AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK APPLICABLE TO
CONTRACTS MADE AND TO BE WHOLLY PERFORMED WITHIN THE STATE OF NEW YORK.

     8.7 Successors and Assigns. This Amendment and Waiver shall be binding
upon the Borrowers, the Lenders and the Agents and their respective
successors and assigns and shall inure to the benefit of the Borrowers, the
Lenders and the Agents and their respective successors and assigns;
provided that no Borrower shall have any right to assign this Amendment and
Waiver except to the extent permitted by the first sentence of Section
14.9.1 of the Credit Agreement.

     8.8 Consultation with Advisors. The Loan Parties acknowledge that they
have consulted with counsel and with such other experts and advisors as
they have deemed necessary in connection with the negotiation, execution
and delivery of this Amendment and Waiver. This Amendment and Waiver shall
be construed without regard to any presumption or any rule requiring that
it be construed against the party causing this Amendment and Waiver or any
part hereof to be drafted.

     8.9 Entire Agreement. This Amendment and Waiver sets forth the entire
understanding and agreement of the parties hereto in relation to the
subject matter hereof and supersedes any prior negotiations and agreements
among the parties relative to such subject matter. Each of the parties
hereto acknowledges that, except as otherwise expressly stated in this
Amendment and Waiver, no representations, warranties or commitments,
express or implied, have been made by any party to any other party with
respect to the subject matter of this Amendment and Waiver. None of the
terms or conditions of this Amendment and Waiver may be changed, modified,
waived or canceled, orally or otherwise, except as provided in the Credit
Agreement.

     8.10 Enforceability. Should any one or more of the provisions of this
Amendment and Waiver be determined to be illegal or unenforceable as to one
or more of the parties hereto, all other provisions nevertheless shall
remain effective and binding on the parties hereto.

     8.11 Invalidity; Severability. Whenever possible, each provision of
this Amendment and Waiver shall be interpreted in such manner as to be
effective and valid under all applicable laws, rules and regulations. Any
provision of this Amendment and Waiver that is prohibited or unenforceable
in any jurisdiction shall, as to such jurisdiction, be ineffective to the
extent of such prohibition or unenforceability without invalidating the
remaining provisions hereof and any such prohibition or unenforceability in
any jurisdiction shall not invalidate or render unenforceable such
provision in any other jurisdiction.

     8.12 Headings. The headings of this Amendment and Waiver are for the
purpose of reference only and shall not affect the construction of, or be
taken into consideration in interpreting, this Amendment and Waiver.

     8.13 Definitions. Capitalized terms used in this Amendment and Waiver
that are not defined herein but are defined in the Credit Agreement shall
have the meaning given to such terms in the Credit Agreement.

SECTION 9. RELEASE OF CLAIMS. EACH BORROWER HEREBY ACKNOWLEDGES AND AGREES
THAT IT DOES NOT HAVE ANY DEFENSE, COUNTERCLAIM, OFFSET, CROSS-COMPLAINT,
CLAIM OR DEMAND OF ANY KIND OR NATURE WHATSOEVER THAT CAN BE ASSERTED TO
REDUCE OR ELIMINATE ALL OR ANY PART OF THE LIABILITY OF SUCH BORROWER TO
REPAY ANY AGENT OR ANY LENDER AS PROVIDED IN THE CREDIT AGREEMENT AND THE
OTHER LOAN DOCUMENTS OR TO SEEK AFFIRMATIVE RELIEF OR DAMAGES OF ANY KIND
OR NATURE FROM ANY AGENT OR ANY LENDER OR ANY OF THEIR PREDECESSORS,
AGENTS, EMPLOYEES, SUCCESSORS AND ASSIGNS. EACH BORROWER HEREBY VOLUNTARILY
AND KNOWINGLY RELEASES AND FOREVER DISCHARGES THE AGENTS AND THE LENDERS,
AND EACH AGENT'S AND EACH LENDER'S PREDECESSORS, AGENTS, EMPLOYEES,
SUCCESSORS AND ASSIGNS, FROM ALL POSSIBLE CLAIMS, DEMANDS, ACTIONS, CAUSES
OF ACTION, DAMAGES, COSTS, EXPENSES AND LIABILITIES WHATSOEVER, KNOWN OR
UNKNOWN, ANTICIPATED OR UNANTICIPATED, MATURED OR UNMATURED, SUSPECTED OR
UNSUSPECTED, FIXED, CONTINGENT OR CONDITIONAL, AT LAW OR IN EQUITY,
ORIGINATING IN WHOLE OR IN PART ON OR BEFORE THE DATE THIS AMENDMENT AND
WAIVER IS EXECUTED, THAT SUCH BORROWER MAY NOW OR HEREAFTER HAVE AGAINST
ANY SUCH AGENT OR LENDER, AND SUCH AGENT'S OR LENDER'S PREDECESSORS,
AGENTS, EMPLOYEES, SUCCESSORS AND ASSIGNS, IF ANY, AND IRRESPECTIVE OF
WHETHER ANY SUCH CLAIMS ARISE OUT OF CONTRACT, TORT, VIOLATION OF LAW OR
REGULATION OR OTHERWISE, INCLUDING, WITHOUT LIMITATION, THE EXERCISE OF ANY
RIGHT OR REMEDY UNDER THE CREDIT AGREEMENT OR ANY OTHER LOAN DOCUMENT AND
NEGOTIATION AND EXECUTION OF THIS AMENDMENT AND WAIVER. THE RELEASES AND
DISCHARGES IN THIS SECTION 9 SHALL BE EFFECTIVE REGARDLESS OF WHETHER THE
CONDITIONS TO THE EFFECTIVENESS OF THIS AMENDMENT AND WAIVER ARE SATISFIED
AND REGARDLESS OF ANY OTHER EVENT THAT MAY OCCUR OR NOT OCCUR AFTER THE
DATE HEREOF.

                [Remainder of page intentionally left blank;
                      signatures on following pages.]
<PAGE>

     Delivered as of the day and year first above written.

                                    TOKHEIM CORPORATION

                                    By
                                      ------------------------------------------
                                    Title
                                         ---------------------------------------

                                    By
                                      ------------------------------------------
                                    Title
                                         ---------------------------------------

                                    GASBOY INTERNATIONAL, INC.

                                    By
                                      ------------------------------------------
                                    Title
                                         ---------------------------------------

                                    TOKHEIM INVESTMENT CORP.

                                    By
                                      ------------------------------------------
                                    Title
                                         ---------------------------------------

                                    MANAGEMENT SOLUTIONS, INC.

                                    By
                                      ------------------------------------------
                                    Title
                                         ---------------------------------------

                                    SUNBELT HOSE & PETROLEUM EQUIPMENT INC.

                                    By
                                      ------------------------------------------
                                    Title
                                         ---------------------------------------

                                    TOKHEIM SERVICES LLC

                                    By
                                      ------------------------------------------
                                    Title
                                         ---------------------------------------

                                    TOKHEIM RPS, LLC

                                    By
                                      ------------------------------------------
                                    Title
                                         ---------------------------------------

                                    ABN AMRO BANK N.V., as Administrative Agent,
                                    as Issuing Lender and as a Lender

                                    By
                                      ------------------------------------------
                                    Title
                                         ---------------------------------------

                                    By
                                      ------------------------------------------
                                    Title
                                         ---------------------------------------

                                    AMSOUTH BANK, as Documentation Agent and as
                                    a Lender

                                    By
                                      ------------------------------------------
                                    Title
                                         ---------------------------------------

                                    BANK ONE, INDIANA, NATIONAL ASSOCIATION,
                                    as a Lender

                                    By
                                      ------------------------------------------
                                    Title
                                         ---------------------------------------

                                    CREDIT LYONNAIS NEW YORK BRANCH, as a Lender

                                    By
                                      ------------------------------------------
                                    Title
                                         ---------------------------------------

                                    CREDIT AGRICOLE INDOSUEZ, as a Lender

                                    By
                                      ------------------------------------------
                                    Title
                                         ---------------------------------------

                                    By
                                      ------------------------------------------
                                    Title
                                         ---------------------------------------

                                    BEAR, STEARNS & CO., INC., as a Lender

                                    By
                                      ------------------------------------------
                                    Title
                                         ---------------------------------------

                                    BANKERS TRUST COMPANY, as a Lender

                                    By
                                      ------------------------------------------
                                    Title
                                         ---------------------------------------

                                    SENIOR DEBT PORTFOLIO, as a Lender

                                    By: Boston Management and Research, as
                                        Investment Advisor

                                    By
                                      ------------------------------------------
                                    Title
                                         ---------------------------------------

                                    EATON VANCE SENIOR INCOME TRUST, as a Lender

                                    By: Eaton Vance Management, as Investment
                                        Advisor

                                    By
                                      ------------------------------------------
                                    Title
                                         ---------------------------------------

                                    OXFORD STRATEGIC INCOME FUND, as a Lender

                                    By: Eaton Vance Management, as Investment
                                        Advisor

                                    By
                                      ------------------------------------------
                                    Title
                                         ---------------------------------------

                                    EATON VANCE INSTITUTIONAL SENIOR LOAN FUND,
                                      as a Lender

                                    By: Eaton Vance Management, as Investmen
                                      t Advisor

                                    By
                                      ------------------------------------------
                                    Title
                                         ---------------------------------------

                                    CREDIT INDUSTRIEL ET COMMERCIAL, as a Lender

                                    By
                                      ------------------------------------------
                                    Title
                                         ---------------------------------------

                                    By
                                      ------------------------------------------
                                    Title
                                         ---------------------------------------

                                    BANK PEKAO SA (FORMERLY KNOWN AS BANK POLSKA
                                    KASA OPIEKI S.A., NEW YORK BRANCH), as a
                                    Lender

                                    By
                                      ------------------------------------------
                                    Title
                                         ---------------------------------------

                                    OCTAGON INVESTMENT PARTNERS II, LLC, as
                                    a Lender

                                    By
                                      ------------------------------------------
                                    Title
                                         ---------------------------------------

                                    OAKTREE CAPITAL MANAGEMENT, LLC, as agent
                                    and on behalf of certain funds and accounts,
                                    as a Lender

                                    By
                                      ------------------------------------------
                                    Title
                                         ---------------------------------------

                                    By
                                      ------------------------------------------
                                    Title
                                         ---------------------------------------

                                    ARES LEVERAGED INVESTMENT FUND II, L.P., as
                                    a Lender

                                    By: ARES Management II, L.P., its General
                                        Partner

                                    By
                                      ------------------------------------------
                                    Title
                                         ---------------------------------------

                                    WHIPPOORWILL/TOKHEIM OBLIGATIONS TRUST-2000,
                                    as a Lender

                                    By: Whippoorwill Associates, Incorporated,
                                        as its investment representative and
                                        advisor

                                    By
                                      ------------------------------------------
                                    Title
                                         ---------------------------------------

                                    BARCLAYS BANK PLC, as a Lender

                                    By
                                      ------------------------------------------
                                    Title
                                         ---------------------------------------

                                    GOLDMAN SACHS CREDIT PARTNERS L.P., as a
                                    Lender

                                    By
                                      ------------------------------------------
                                    Title
                                         ---------------------------------------
<PAGE>

                                 EXHIBIT 1
                             FORM OF TRANCHE B
                            TERM LENDER CONSENT

Section 3 of the Sixth Amendment and Waiver, dated as of June 7, 2002, with
respect to the Tokheim Post-Confirmation Credit Agreement, dated as of
October 20, 2000, is hereby agreed to by the following Tranche B Term
Lender:

By:__________________________________________________________

Title:_________________________________________________________

Name of Institution:______________________________________________
                                    [please print]
<PAGE>

                                 EXHIBIT 2
                          FORM OF REAFFIRMATION OF
                               LOAN DOCUMENTS

                                June 7, 2002

ABN AMRO Bank N.V., as Administrative Agent
and the other parties
to the Credit Agreement
referred to below

                    Re: Reaffirmation of Loan Documents

Ladies and Gentlemen:

     Each of the undersigned acknowledges that the Borrowers, the Lenders
and the Agents have executed the Amendment and Waiver dated as of the date
hereof (the "Amendment and Waiver") given under the Post-Confirmation
Credit Agreement dated as of October 20, 2000 (as amended and as the same
may be further amended, supplemented or otherwise modified from time to
time, the "Credit Agreement"). Capitalized terms not otherwise defined
herein shall have the meanings given to such terms in the Credit Agreement.

     Each of the undersigned hereby reaffirms as of the date hereof each
and every security interest and lien granted in favor of the Administrative
Agent and the Lenders under the Loan Documents and agrees and acknowledges
that such security interests and liens shall continue from and after the
date hereof and shall remain in full force and effect from and after the
date hereof, in each case after giving effect to the Credit Agreement as
supplemented by the Amendment and Waiver, and the obligations secured
thereby and thereunder shall include Borrowers' obligations under the
Credit Agreement as amended by the Amendment and Waiver. Each such
reaffirmed security interest and lien remains and shall continue to remain
in full force and effect and is hereby in all respects ratified and
confirmed.

     Each of the undersigned hereby (i) confirms that each Loan Document to
which such undersigned is a party remains in full force and effect after
giving effect to the Amendment and Waiver, (ii) acknowledges and agrees
that its obligations under the Loan Documents are absolute and
unconditional, and that it does not have any right of setoff, recoupment,
claim, counterclaim or defense of any kind or nature whatsoever that can be
asserted to reduce or eliminate such obligations or to seek affirmative
relief or damages of any kind or nature from any Agent or any Lender, or
any of their predecessors, agents, employees, successors and assigns, (iii)
reaffirms and admits the validity and enforceability of the Loan Documents
and the Liens in the Collateral granted pursuant to the Loan Documents or
otherwise and (iv) VOLUNTARILY AND KNOWINGLY RELEASES AND FOREVER
DISCHARGES THE AGENTS AND THE LENDERS, AND EACH AGENT'S AND LENDER'S
PREDECESSORS, AGENTS, EMPLOYEES, SUCCESSORS AND ASSIGNS, FROM ALL POSSIBLE
CLAIMS, DEMANDS, ACTIONS, CAUSES OF ACTION, DAMAGES, COSTS, EXPENSES AND
LIABILITIES WHATSOEVER, KNOWN OR UNKNOWN, ANTICIPATED OR UNANTICIPATED,
MATURED OR UNMATURED, SUSPECTED OR UNSUSPECTED, FIXED, CONTINGENT OR
CONDITIONAL, AT LAW OR IN EQUITY, ORIGINATING IN WHOLE OR IN PART ON OR
BEFORE THE DATE THE AMENDMENT AND WAIVER IS EXECUTED, THAT IT MAY NOW OR
HEREAFTER HAVE AGAINST ANY SUCH AGENT OR LENDER, OR SUCH AGENT'S OR
LENDER'S PREDECESSORS, AGENTS, EMPLOYEES, SUCCESSORS AND ASSIGNS, IF ANY,
AND IRRESPECTIVE OF WHETHER ANY SUCH CLAIMS ARISE OUT OF CONTRACT, TORT,
VIOLATION OF LAW OR REGULATION, OR OTHERWISE, INCLUDING, WITHOUT
LIMITATION, THE EXERCISE OF ANY RIGHT OR REMEDY UNDER THE CREDIT AGREEMENT
OR ANY OTHER LOAN DOCUMENT AND NEGOTIATION AND EXECUTION OF THE AMENDMENT
AND WAIVER. THE RELEASES AND DISCHARGES IN THIS LETTER AGREEMENT SHALL BE
EFFECTIVE REGARDLESS OF WHETHER THE CONDITIONS TO THE EFFECTIVENESS OF THE
AMENDMENT AND WAIVER ARE SATISFIED AND REGARDLESS OF ANY OTHER EVENT THAT
MAY OCCUR OR NOT OCCUR AFTER THE DATE HEREOF.

     This letter agreement may be signed in counterparts and by the various
parties hereto on separate counterparts. Each such counterpart shall be
deemed to be an original, but all such counterparts shall together
constitute one and the same letter agreement. Delivery of an executed
counterpart of a signature page of this letter agreement by facsimile shall
be as effective as delivery of a manually executed counterpart of this
letter agreement.

     This letter agreement shall be governed by the laws of the State of
New York applicable to contracts made and to be performed entirely within
such State.

                                    TOKHEIM CORPORATION

                                    By
                                      ------------------------------------------
                                    Title
                                         ---------------------------------------

                                    By
                                      ------------------------------------------
                                    Title
                                         ---------------------------------------

                                    GASBOY INTERNATIONAL, INC.

                                    By
                                      ------------------------------------------
                                    Title
                                         ---------------------------------------

                                    TOKHEIM INVESTMENT CORP.

                                    By
                                      ------------------------------------------
                                    Title
                                         ---------------------------------------

                                    MANAGEMENT SOLUTIONS, INC.

                                    By
                                      ------------------------------------------
                                    Title
                                         ---------------------------------------

                                    SUNBELT HOSE & PETROLEUM EQUIPMENT INC.

                                    By
                                      ------------------------------------------
                                    Title
                                         ---------------------------------------

                                    TOKHEIM SERVICES LLC

                                    By
                                      ------------------------------------------
                                    Title
                                         ---------------------------------------

                                    TOKHEIM RPS, LLC

                                    By
                                      ------------------------------------------
                                    Title
                                         ---------------------------------------

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00040-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00040-of-00352.parquet"}]]