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                                                                   EXHIBIT 10.14

                              AMENDED AND RESTATED
                          REGISTRATION RIGHTS AGREEMENT

         THIS AMENDED AND RESTATED REGISTRATION RIGHTS AGREEMENT, dated as of
February 28, 2000 (the "Agreement"), amends and restates that certain
Registration Rights Agreement, dated as of February 5, 1997 (the "ORIGINAL
REGISTRATION RIGHTS AGREEMENT") by and among The Concours Group, Inc., a
Delaware corporation (the "COMPANY"), and Tallard B.V., a Netherlands company
("TALLARD"), which Original Registration Rights Agreement was entered into in
connection with that certain Investment Agreement, dated as of February 5, 1997
(the "INVESTMENT AGREEMENT"), by and among the Company, Tallard and Union
Atlantic, L.C., a Florida limited liability company, and which Original
Registration Rights Agreement was amended by that certain Amendment to
Registration Rights Agreement, dated as of March 5, 1999, by and among the
Company, Tallard and Lingfield AB, a Swedish company ("LINGFIELD"), and by that
certain Second Amendment to Registration Rights Agreement, dated as of February
1, 2000, by and among the Company, Tallard and Infologix (BVI) Limited, a
British Virgin Island Company ("Infologix").

                                    RECITALS:

         WHEREAS, Thayer Equity Investors IV, L.P., a Delaware limited
partnership ("THAYER"), Thayer CGI Partners LLC, a Delaware limited liability
company ("THAYER PARTNERS," and together with Thayer, Tallard and Infologix, the
"INVESTORS"), and the Company have entered into an Investment Agreement, of even
date herewith (the "SERIES B INVESTMENT AGREEMENT"), pursuant to which the
Company has agreed to grant certain registration rights to Thayer and Thayer
Partners;

         WHEREAS, Section 15(c) of the Original Registration Rights Agreement
permits the amendment of the Original Registration Rights Agreement by consent
of the holders of a majority (the "MAJORITY HOLDERS") of Registrable Shares (as
defined in the Original Registration Rights Agreement, as amended), which
amendment will be binding on all parties to the Original Registration Rights
Agreement, as amended;

         WHEREAS, in connection with the Series B Investment Agreement, the
Company deems it advisable that the parties to the Series B Investment Agreement
become parties to this Agreement; and

         WHEREAS, the Majority Holders have agreed to amend and restate the
Registration Rights Agreement.

         NOW, THEREFORE, in consideration of the mutual promises and covenants
contained in this Agreement, the parties hereto agree as follows:

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         1. CERTAIN DEFINITIONS. As used in this Agreement, the following terms
shall have the following respective meanings:

                  (a) "COMMISSION" means the Securities and Exchange Commission,
or any other federal agency at the time administering the Securities Act.

                  (b) "COMMON STOCK" means the common stock, $.01 par value per
share, of the Company.

                  (c) "EXCHANGE ACT" means the Securities Exchange Act of 1934,
as amended, or any similar federal statute, and the rules and regulations of the
Commission issued under such Act, as they each may, from time to time, be in
effect.

                  (d) "REGISTRATION STATEMENT" means a registration statement
filed by the Company with the Commission for a public offering and sale of
Common Stock (other than a registration statement on Form S-8 or Form S-4, or
their successors, or any other form for a similar limited purpose, or any
registration statement covering only securities proposed to be issued in
exchange for securities or assets of another corporation).

                  (e) "REGISTRATION EXPENSES" means the expenses described in
Section 5.

                  (f) "REGISTRABLE SHARES" means the Series A Registrable Shares
and the Series B Registrable Shares.

                  (g) "SECURITIES ACT" means the Securities Act of 1933, as
amended, or any similar federal statute, and the rules and regulations of the
Commission issued under such Act, as they each may, from time to time, be in
effect.

                  (h) "SERIES A REGISTRABLE SHARES" means (i) shares of Common
Stock issued or issuable upon conversion of the 1,810,000 shares of the
Company's Series A Convertible Preferred Stock, $0.01 par value per share (the
"SERIES A STOCK") owned by Tallard as of the date of this Agreement; (ii) shares
of Common Stock issued or issuable upon conversion of the promissory notes (the
"NOTES") issued in connection with that certain Loan Agreement, dated as of
March 5, 1999, by and among the Company, Tallard and Infologix (as successor to
Lingfield); (iii) 240,001 shares of Common Stock owned by Tallard as of the date
of this Agreement; (iv) 750,000 shares of Common Stock purchased by Infologix
pursuant to that certain Stock Purchase and Debt Conversion Agreement, dated as
of February 1, 2000 (the "STOCK PURCHASE AGREEMENT"), by and among the Company,
Tallard and Infologix; (v) 50,000 shares of Common Stock to be issued upon the
exercise of the Warrants issued pursuant to the Stock Purchase Agreement; and
(vi) any other shares of Common Stock issued in respect of such shares (because
of stock splits, stock dividends, reclassifications, recapitalizations, or
similar events); provided, however, that shares of Common Stock which are Series
A Registrable Shares shall cease to be Series A Registrable Shares (x) upon any
sale pursuant to a Registration Statement or Rule 144 under the Securities Act,
or (y) upon any sale in any manner to a person or entity which, by virtue of
Section 14, is not entitled to the rights provided by this Agreement. Wherever
reference is made in this Agreement to a request or consent of holders of a
certain percentage of Series A Registrable Shares, the determination of such
percentage shall include shares of Common Stock

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issuable upon conversion of the Series A Registrable Shares even if such
conversion has not yet been effected.

                  (i) "SERIES B REGISTRABLE SHARES" means (i) the Common Stock
issued or issuable upon conversion of the 1,546,784 shares of the Company's
Series B Convertible Preferred Stock, par value $0.01 per share (the "SERIES B
STOCK") now owned or hereafter acquired by Thayer and Thayer Partners; and (ii)
any other shares of Common Stock issued in respect of such shares (i) (because
of stock splits, stock dividends, reclassifications, recapitalizations, or
similar events); provided, however, that shares of Common Stock which are Series
B Registrable Shares shall cease to be Series B Registrable Shares (x) upon any
sale pursuant to a Registration Statement or Rule 144 under the Securities Act
or (y) upon any sale in any manner to a person or entity which, by virtue of
Section 14, is not entitled to the rights provided by this Agreement. Wherever
reference is made in this Agreement to a request or consent of holders of a
certain percentage of Series B Registrable Shares, the determination of such
percentage shall include shares of Common Stock issuable upon conversion of the
Series B Registrable Shares even if such conversion has not yet been effected.

                  (j) "SERIES A STOCKHOLDERS" means Tallard, Infologix and any
persons or entities to whom the rights granted under this Agreement are
transferred by Tallard, Infologix or their respective successors or assigns
pursuant to Section 14.

                  (k) "SERIES B STOCKHOLDERS" means Thayer, Thayer Partners and
any persons or entities to whom the rights granted under this Agreement are
transferred by Thayer or Thayer Partners, and their respective successors or
assigns pursuant to Section 14.

                  (l) "STOCKHOLDERS" means the Series A Stockholders and the
Series B Stockholders.

         2. DEMAND REGISTRATIONS.

                  (a) Series A Registrable Shares. At any time during the
three-year period beginning six months after the closing of the Company's first
underwritten public offering pursuant to a Registration Statement, unless this
Agreement is earlier terminated, Series A Stockholders holding in the aggregate
at least 66 2/3% of the Series A Registrable Shares may request, in writing,
that the Company effect the registration on Form S-1 or Form S-2 (or any
successor form) of Series A Registrable Shares owned by such Series A
Stockholders having an offering price of at least $3.00 per share (based on the
closing market price on the business day preceding the date of such notice). If
the holders initiating the registration intend to distribute the Series A
Registrable Shares by means of an underwriting, they shall so advise the Company
in their request. The selection of the managing underwriters of any such
underwritten offering shall be subject to the approval of the Board of Directors
of the Company, which approval shall not be unreasonably withheld. If such
registration is underwritten, the right of other Series A Stockholders and
Series B Stockholders to participate shall be conditioned on such Series A
Stockholders' and Series B Stockholders' participation in such underwriting.
Upon receipt of any such request, the Company promptly shall give written notice
of such proposed registration to all

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Series A Stockholders and Series B Stockholders. Such Series A Stockholders and
Series B Stockholders shall have the right, by giving written notice to the
Company within thirty (30) days after the Company provides its notice, to elect
to have included in such registration such of their Series A Registrable Shares
and Series B Registrable Shares as such Series A Stockholders and Series B
Stockholders may request in such notice of election; provided, however, that if
the underwriter (if any) managing the offering determines that, because of
marketing factors, all of the Series A Registrable Shares and Series B
Registrable Shares requested to be registered by all Series A Stockholders and
Series B Stockholders may not be included in the offering, then all Series A
Stockholders and Series B Stockholders who have requested registration shall
participate in the registration pro rata based upon the number of Series A
Registrable Shares and Series B Registrable Shares which they have requested to
be so registered. Thereupon, the Company shall, as expeditiously as possible,
use its best efforts to effect the registration on Form S-1 or Form S-2 (or any
successor form) of all Series A Registrable Shares and Series B Registrable
Shares which the Company has been requested to so register.

                  (b) Series B Registrable Shares. At any time after the first
to occur of (i) the date that is the second anniversary of the date of this
Agreement; or (ii) the date that is one hundred and eighty (180) days after the
closing of the Company's first underwritten public offering pursuant to a
Registration Statement where the aggregate gross proceeds (prior to underwriter
commissions and expenses) of such offering is greater than $25,000,000 (a
"QUALIFYING IPO"), unless this Agreement is earlier terminated, Series B
Stockholders holding in the aggregate at least 66 2/3% of the Series B
Registrable Shares may request, in writing, that the Company effect the
registration on Form S-1 (or any successor form) of Series B Registrable Shares
owned by such Series B Stockholders so long as either (x) 50% of the Series B
Registrable Shares outstanding are registered in such offering, or (y) the
aggregate gross proceeds to be received from such offering is expected to be not
less than $25,000,000. If the holders initiating the registration intend to
distribute the Series B Registrable Shares by means of an underwriting, they
shall so advise the Company in their request. The selection of the managing
underwriters of any such underwritten offering shall be subject to the approval
of the Board of Directors of the Company, which approval shall not be
unreasonably withheld. If such registration is underwritten, the right of other
Series B Stockholders and Series A Stockholders to participate shall be
conditioned on such Series B Stockholders' and Series A Stockholders'
participation in such underwriting. Upon receipt of any such request, the
Company promptly shall give written notice of such proposed registration to all
Series B Stockholders and Series A Stockholders. Such Series B Stockholders and
Series A Stockholders shall have the right, by giving written notice to the
Company within thirty (30) days after the Company provides its notice, to elect
to have included in such registration such of their Series B Registrable Shares
and Series A Registrable Shares as such Series B Stockholders and Series A
Stockholders may request in such notice of election; provided, however, that if
the underwriter (if any) managing the offering determines that, because of
marketing factors, all of the Series B Registrable Shares and Series A
Registrable Shares requested to be registered by all Series B Stockholders and
Series A Stockholders may not be included in the offering, then all Series B
Stockholders and Series A Stockholders who have requested registration shall
participate in the registration pro rata based upon the number of Series B
Registrable Shares and Series A Registrable Shares which they have requested to
be so registered. Thereupon, the Company shall, as expeditiously

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as possible, use its best efforts to effect the registration on Form S-1 (or
any successor form) of all Series B Registrable Shares and Series A Registrable
Shares which the Company has been requested to so register; provided further,
however, that if in the good faith determination of the Company's Board of
Directors, the Company is engaged in any other activity that would be adversely
affected by the requested registration to the material detriment of the Company
then the Company may, at its option, direct that such request be delayed. The
Company may delay such registration on no more than two occasions in any twelve
(12) month period for a period not to exceed ninety (90) days in each case.
Thereupon, the Company shall, as expeditiously as possible, use its best efforts
to effect the registration on Form S-1 or Form S-2 (or any successor form) of
all Series B Registrable Shares and Series A Registrable Shares which the
Company has been requested to so register.

                  (c) Registrations on Forms S-2 and S-3. At any time after the
Company becomes eligible to file a Registration Statement on Form S-3 (or any
successor form relating to secondary offerings), and, in the case of the Series
B Registrable Shares, on Form S-2 (or any successor form relating to secondary
offerings), Series A Stockholders holding in the aggregate at least 50% of the
Series A Registrable Shares and Series B Stockholders holding in the aggregate
at least 66-2/3% of the Series B Registrable Shares may request the Company, in
writing, to effect the registration on Form S-3 (or such successor form) or, in
the case of Series B Registrable Shares, on Form S-2 or Form S-3 (or such
successor form) (i) in the case of the Series A Registrable Shares, shares of
Series A Registrable Shares having an offering price of at least $3.00 per share
(based on the then current public market price); or (ii) in the case of the
Series B Registrable Shares, a number of shares where the aggregate gross
proceeds to be received from such offering is expected to be not less than
$500,000. Upon receipt of any such request, the Company shall promptly give
written notice of such proposed registration to all Series A Stockholders and
Series B Stockholders. Such Series A Stockholders and Series B Stockholders
shall have the right, by giving written notice to the Company within thirty (30)
days after the Company provides its notice, to elect to have included in such
registration such of their Series A Registrable Shares and Series B Registrable
Shares, as such Series A Stockholders and Series B Stockholders may request in
such notice of election; provided, however, that if the underwriter (if any)
managing the offering determines that, because of marketing factors, all of the
Series A Registrable Shares and Series B Registrable Shares, as applicable,
requested to be registered by all Series A Stockholders and Series B
Stockholders, may not be included in the offering, then all Series A
Stockholders or Series B Stockholders who have requested registration shall
participate in the registration pro rata based upon the number of Series A
Registrable Shares or Series B Registrable Shares, as applicable, which they
have requested to be so registered. Thereupon, the Company shall, as
expeditiously as possible, use its best efforts to effect the registration on
Form S-3 (or such successor form) or, in the case of the Series B Registrable
Shares, on Form S-2 (or such successor form) or Form S-3 (or such successor
form) of all Series A Registrable Shares and/or Series B Registrable Shares, as
applicable, which the Company has been requested to so register.

                  (d) Limitations. The Company shall be required to effect no
more than two registrations pursuant to paragraph (a), no more than two
registrations pursuant to paragraph (b), and no more than three registrations on
Form S-2 or S-3 in the case of the Series B Registrable

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Shares under paragraph (c) above. In addition, the Company shall not be required
to effect any registration (other than on Form S-3 or any successor form
relating to secondary offerings) within twelve (12) months after the effective
date of any other Registration Statement of the Company. The Series B
Stockholders may not make more than two requests for registration on Form S-2 or
S-3 in any one twelve (12) month period; provided, however, that if in the good
faith determination of the Company's Board of Directors the Company is engaged
in any other activity that would be adversely affected by the requested
registration to the material detriment of the Company then the Company may, at
its option direct that such request be delayed. The Company may delay such
registration on no more than one occasion in any twelve (12) month period for a
period not to exceed ninety (90) days.

                  (e) Delay. If at the time of any request to register
Registrable Shares pursuant to this Section 2, the Company is engaged or has
plans to engage, within ninety (90) days of the time of the request, in a
registered public offering as to which the Stockholders may include Registrable
Shares pursuant to Section 3, or the Company is engaged in any other activity
which, in the good faith determination of the Company's Board of Directors,
would be adversely affected by the requested registration to the material
detriment of the Company, then the Company may, at its option, direct that such
request be delayed for a period not in excess of twelve (12) months from the
effective date of such offering or the date of commencement of such other
material activity, as the case may be.

         3. INCIDENTAL REGISTRATION.

                  (a) Whenever the Company proposes to file a Registration
Statement (other than pursuant to Section 2) it will, prior to such filing, give
written notice to all Stockholders of its intention to do so and, upon the
written request of any Stockholder given within twenty (20) days after the
Company provides such notice (which request shall state the number of
Registrable Shares which the Stockholder wishes to dispose of and the intended
method of disposition), the Company shall use its best efforts to cause all
Registrable Shares which the Company has been requested by such Stockholders to
register to be registered under the Securities Act to the extent necessary to
permit their sale or other disposition in accordance with the intended methods
of distribution specified in the request of such Stockholder or Stockholders;
provided, however, that the Company shall have the right to postpone or withdraw
any registration effected pursuant to this Section 3 without obligation to any
Stockholder; and provided further, that if registration rights pursuant to this
Section 3 arise in connection with an underwritten public offering by the
Company, the Stockholders requesting registration of Registrable Shares may only
dispose of such Registrable Shares in the underwritten public offering.

                  (b) In connection with any registration under this Section 3
involving an underwriting, the Company shall not be required to include any
Registrable Shares in such registration unless the holders thereof accept the
terms of the underwriting as agreed upon between the Company and the
underwriters selected by it (provided that such terms must be consistent with
this Agreement). If, in the opinion of the managing underwriter, it is
appropriate because of marketing factors to limit the number of Registrable
Shares to be included in the

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offering, then the Company shall be required to include in the registration only
that number of Registrable Shares, if any, which the managing underwriter
believes should be included therein; provided, however, that no persons or
entities other than the Company, the Stockholders and persons or entities
holding registration rights granted in accordance with Section 10 shall be
permitted to include securities in the offering. If the number of Registrable
Shares to be included in the offering in accordance with the foregoing is less
than the total number of shares that the holders of Registrable Shares have
requested to be included, then the holders of Registrable Shares who have
requested registration and other holders of securities entitled to include them
in such registration shall participate in the registration pro rata based upon
their total ownership of shares of Common Stock (giving effect to the conversion
into Common Stock of all securities convertible thereinto). If any holder would
thus be entitled to include more securities than such holder requested to be
registered, the excess shall be allocated among other requesting holders pro
rata in the manner described in the preceding sentence.

         4. REGISTRATION PROCEDURES. If and whenever the Company is required by
the provisions of this Agreement to use its best efforts, consistent with legal
requirements, to effect the registration of any of the Registrable Shares under
the Securities Act, the Company shall take the following actions:

                  (a) file with the Commission a Registration Statement with
respect to such Registrable Shares and use its best efforts to cause that
Registration Statement to become and remain effective;

                  (b) as expeditiously as possible prepare and file with the
Commission any amendments and supplements to the Registration Statement and the
prospectus included in the Registration Statement as may be necessary to keep
the Registration Statement effective, in the case of a firm commitment
underwritten public offering, until each underwriter has completed the
distribution of all securities purchased by it and, in the case of any other
offering, until the earlier of the sale of all Registrable Shares covered
thereby or 120 days after the effective date thereof;

                  (c) as expeditiously as possible furnish to each selling
Stockholder such reasonable numbers of copies of the prospectus, including a
preliminary prospectus, in conformity with the requirements of the Securities
Act, and such other documents as the selling Stockholder may reasonably request
in order to facilitate the public sale or other disposition of the Registrable
Shares owned by the selling Stockholder; and

                  (d) as expeditiously as possible use its best efforts to
register or qualify the Registrable Shares covered by the Registration Statement
under the securities or Blue Sky laws of such states as the selling Stockholders
shall reasonably request, and do any and all other acts and things that may be
necessary or desirable to enable the selling Stockholders to consummate the
public sale or other disposition in such states of the Registrable Shares owned
by the selling Stockholder; provided, however, that the Company shall not be
required in connection with this paragraph (d) to qualify as a foreign
corporation or execute a general consent to service of process in any
jurisdiction.

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         If the Company has delivered preliminary or final prospectuses to the
selling Stockholders and after having done so the prospectus is amended to
comply with the requirements of the Securities Act, the Company shall promptly
notify the selling Stockholders and, if requested, the selling Stockholders
shall immediately cease making offers of Registrable Shares and return all
prospectuses to the Company. The Company shall promptly provide the selling
Stockholders with revised prospectuses and, following receipt of the revised
prospectuses, the selling Stockholders shall be free to resume making offers of
the Registrable Shares.

         5. ALLOCATION OF EXPENSES. The Company will pay all Registration
Expenses of all registrations under this Agreement; provided, however, that if a
registration under Section 2 is withdrawn at the request of the Stockholders
requesting such registration (other than as a result of information concerning
the business or financial condition of the Company which is made known to the
Stockholders after the date on which such registration was requested) and if the
requesting Stockholders elect not to have such registration counted as a
registration requested under Section 2, the requesting Stockholders shall pay
the Registration Expenses of such registration pro rata in accordance with the
number of their Registrable Shares included in such registration. For purposes
of this Section 5, the term "REGISTRATION EXPENSES" shall mean all expenses
incurred by the Company in complying with this Agreement, including, without
limitation, all registration and filing fees, exchange listing fees, printing
expenses, fees and expenses of counsel for the Company and the fees and expenses
of one counsel selected by the selling Stockholders to represent the selling
Stockholders, state Blue Sky fees and expenses, and the expense of any special
audits incident to or required by any such registration, but excluding
underwriting discounts, selling commissions and the fees and expenses of selling
Stockholders' own counsel (other than the counsel selected to represent all
selling Stockholders).

         6. INDEMNIFICATION AND CONTRIBUTION.

                  (a) In the event of any registration of any of the Registrable
Shares under the Securities Act pursuant to this Agreement, the Company will
indemnify and hold harmless the seller of such Registrable Shares, each
underwriter of such Registrable Shares, and each other person, if any, who
controls such seller or underwriter within the meaning of the Securities Act or
the Exchange Act against any losses, claims, damages or liabilities, joint or
several, to which such seller, underwriter or controlling person may become
subject under the Securities Act, the Exchange Act, state securities or Blue Sky
laws or otherwise, insofar as such losses, claims, damages or liabilities (or
actions in respect thereof) arise out of or are based upon any untrue statement
or alleged untrue statement of any material fact contained in any Registration
Statement under which such Registrable Shares were registered under the
Securities Act, any preliminary prospectus or final prospectus contained in the
Registration Statement, or any amendment or supplement to such Registration
Statement, or arise out of or are based upon the omission or alleged omission to
state a material fact required to be stated therein or necessary to make the
statements therein not misleading; and the Company will reimburse such seller,
underwriter and each such controlling person for any legal or any other expenses
reasonably incurred by such seller, underwriter or controlling person in
connection with investigating or

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defending any such loss, claim, damage, liability or action; provided, however,
that the Company will not be liable in any such case to the extent that any such
loss, claim, damage or liability arises out of or is based upon any untrue
statement or omission made in such Registration Statement, preliminary
prospectus or final prospectus, or any such amendment or supplement, in reliance
upon and in conformity with information furnished to the Company, in writing, by
or on behalf of such seller, underwriter or controlling person specifically for
use in the preparation thereof.

                  (b) In the event of any registration of any of the Registrable
Shares under the Securities Act pursuant to this Agreement, each seller of
Registrable Shares, severally and not jointly, will indemnify and hold harmless
the Company, each of its directors and officers and each underwriter (if any)
and each person, if any, who controls the Company or any such underwriter within
the meaning of the Securities Act or the Exchange Act, against any losses,
claims, damages or liabilities, joint or several, to which the Company, such
directors and officers, underwriter or controlling person may become subject
under the Securities Act, Exchange Act, state securities or Blue Sky laws or
otherwise, insofar as such losses, claims, damages or liabilities (or actions in
respect thereof) arise out of or are based upon any untrue statement or alleged
untrue statement of a material fact contained in any Registration Statement
under which such Registrable Shares were registered under the Securities Act,
any preliminary prospectus or final prospectus contained in the Registration
Statement, or any amendment or supplement to the Registration Statement, or
arise out of or are based upon any omission or alleged omission to state a
material fact required to be stated therein or necessary to make the statements
therein not misleading, if the statement or omission was made in reliance upon
and in conformity with information relating to such selling Stockholder
furnished in writing to the Company by or on behalf of such selling Stockholder
specifically for use in connection with the preparation of such Registration
Statement, prospectus, amendment or supplement; provided, however, that the
obligations of such selling Stockholders hereunder shall be limited to an amount
equal to the proceeds to each selling Stockholder from Registrable Shares sold
in connection with such registration.

                  (c) Each party entitled to indemnification under this Section
6 (the "INDEMNIFIED PARTY") shall give notice to the party required to provide
indemnification (the "INDEMNIFYING PARTY") promptly after such Indemnified Party
has actual knowledge of any claim as to which indemnity may be sought, and shall
permit the Indemnifying Party to assume the defense of any such claim or any
litigation resulting therefrom; provided, however, that counsel for the
Indemnifying Party, who shall conduct the defense of such claim or litigation,
shall be approved by the Indemnified Party (whose approval shall not be
unreasonably withheld); and, provided, further, that the failure of any
Indemnified Party to give notice as provided herein shall not relieve the
Indemnifying Party of its obligations under this Section 6. The Indemnified
Party may participate in such defense at such party's expense; provided,
however, that the Indemnifying Party shall pay such expense if representation of
such Indemnified Party by the counsel retained by the Indemnifying Party would
be inappropriate due to actual or potential differing interests between the
Indemnified Party and any other party represented by such counsel in such
proceeding. No Indemnifying Party, in the defense of any such claim or
litigation shall, except with the consent of each Indemnified Party, consent to
entry of any

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judgment or enter into any settlement that does not include as an unconditional
term thereof the giving by the claimant or plaintiff to such Indemnified Party
of a release from all liability in respect of such claim or litigation, and no
Indemnified Party shall consent to entry of any judgment or settle such claim or
litigation without the prior written consent of the Indemnifying Party.

                  (d) In order to provide for just and equitable contribution to
joint liability under the Securities Act in any case in which either (i) any
holder of Registrable Shares exercising rights under this Agreement, or any
controlling person of any such holder, makes a claim for indemnification
pursuant to this Section 6 but it is judicially determined (by the entry of a
final judgment or decree by a court of competent jurisdiction and the expiration
of time to appeal or the denial of the last right of appeal) that such
indemnification may not be enforced in such case notwithstanding the fact that
this Section 6 provides for indemnification in such case; or (ii) contribution
under the Securities Act may be required on the part of any such selling
Stockholder or any such controlling person in circumstances for which
indemnification is provided under this Section 6; then, in each such case, the
Company and such selling Stockholder will contribute to the aggregate losses,
claims, damages or liabilities to which they may be subject (after contribution
from others) in such proportions so that such selling Stockholder is responsible
for the portion represented by the percentage that the public offering price of
its Registrable Shares offered by the Registration Statement bears to the public
offering price of all securities offered by such Registration Statement, and the
Company is responsible for the remaining portion; provided, however, that, in
any such case (A) no such holder will be required to contribute any amount in
excess of the proceeds to it from all Registrable Shares sold by it pursuant to
such Registration Statement; and (B) no person or entity guilty of fraudulent
misrepresentation within the meaning of Section 11(f) of the Securities Act,
shall be entitled to contribution from any person or entity who is not guilty of
such fraudulent misrepresentation.

         7. INDEMNIFICATION WITH RESPECT TO UNDERWRITTEN OFFERING. If the
Registrable Shares are sold pursuant to a Registration Statement in an
underwritten offering pursuant to Section 2, the Company agrees to enter into an
underwriting agreement containing customary representations and warranties with
respect to the business and operations of an issuer of the securities being
registered and customary covenants and agreements to be performed by such
issuer, including, without limitation, customary provisions with respect to
indemnification by the Company of the underwriters of such offering.

         8. INFORMATION BY HOLDER. Each Stockholder including Registrable Shares
in any registration shall furnish to the Company such information regarding such
Stockholder and the distribution proposed by such Stockholder as the Company may
reasonably request in writing and as shall be required in connection with any
registration, qualification or compliance referred to in this Agreement.

         9. "STAND-OFF" AGREEMENT. Each Stockholder, if requested by the Company
and the managing underwriter of an offering by the Company of Common Stock or
other securities of the Company pursuant to a Registration Statement, shall
agree not to sell publicly or otherwise transfer or dispose of any Registrable
Shares or other securities of the Company held by such

                                       10
<PAGE>   11

Stockholder for a specified period of time (not to exceed 180 days) following
the effective date of such Registration Statement.

         10. LIMITATIONS ON SUBSEQUENT REGISTRATION RIGHTS. As long as Tallard
holds any shares of the Company's Series A Stock or any shares issued to Tallard
upon the conversion of the Series A Stock, or Thayer owns any shares of the
Company's Series B Stock or any shares issued to Thayer upon the conversion of
the Series B Stock, the Company shall not, without the prior written consent of
Tallard and Thayer, enter into any agreement with any holder or prospective
holder of any securities of the Company which would allow such holder or
prospective holder to include securities of the Company in any Registration
Statement, unless under the terms of such agreement, such holder or prospective
holder may include such securities in any such registration only on terms
substantially similar to or less favorable than the terms on which holders of
Registrable Shares may include shares in such registration.

         11. RULE 144 REQUIREMENTS. After the earliest of (a) the closing of the
sale of securities of the Company pursuant to a Registration Statement; (b) the
registration by the Company of a class of securities under Section 12 of the
Exchange Act; or (c) the issuance by the Company of an offering circular
pursuant to Regulation A under the Securities Act, the Company shall take the
following actions:

                  (i) comply with the requirements of Rule 144(c) under the
Securities Act with respect to current public information about the Company;

                  (ii) use its best efforts to file with the Commission in a
timely manner all reports and other documents required of the Company under the
Securities Act and the Exchange Act (at any time after it has become subject to
such reporting requirements); and

                  (iii) furnish to any holder of Registrable Shares upon request
(A) a written statement by the Company as to its compliance with the
requirements of Rule 144(c) and the reporting requirements of the Securities Act
and the Exchange Act (at any time after it has become subject to such reporting
requirements); (B) a copy of the most recent annual or quarterly report of the
Company; and (C) such other reports and documents of the Company as such holder
may reasonably request to avail itself of any similar rule or regulation of the
Commission allowing it to sell any such securities without registration.

         12. MERGERS, ETC. The Company shall not, directly or indirectly, enter
into any merger, consolidation or reorganization in which the Company shall not
be the surviving corporation unless the proposed surviving corporation shall,
prior to such merger, consolidation or reorganization, agree in writing to
assume the obligations of the Company under this Agreement, and for that
purpose, references hereunder to "Registrable Shares" shall be deemed to include
securities which the Stockholders would be entitled to receive in exchange for
Registrable Shares under any such merger, consolidation or reorganization;
provided, however, that the provisions of this Section 12 shall not apply in the
event of any merger, consolidation or reorganization in which the Company is not
the surviving corporation if all Stockholders are entitled to receive in
exchange for their Registrable Shares consideration consisting solely of

                                       11
<PAGE>   12

(a) cash; (b) securities of the acquiring corporation that may be immediately
sold to the public without registration under the Securities Act; or (c)
securities of the acquiring corporation that the acquiring corporation has
agreed to register within 90 days of completion of the transaction for resale to
the public pursuant to the Securities Act.

         13. TERMINATION. All of the Company's obligations to register Series A
Registrable Shares under this Agreement shall terminate on the agreement of the
Company and a majority of the holders of the Series A Registrable Shares (by
written consent or by vote of the holders of a majority of the then outstanding
Series A Registrable Shares). All of the Company's obligations to register
Series B Registrable Shares under this Agreement shall terminate on the earlier
of (a) the date that is the fifth anniversary of a Qualifying IPO; or (b) the
date on which all Series B Registrable Shares held by a Series B Stockholders
can be sold under Rule 144(c) of the Securities Act within a ninety (90) day
period.

         14. TRANSFERS OF RIGHTS. This Agreement and the rights and obligations
of Tallard hereunder, may be assigned by Tallard to any person or entity to
which Registrable Shares are transferred by Tallard, and such transferee shall
be deemed a "STOCKHOLDER" for purposes of this Agreement. This Agreement and the
rights and obligations of Thayer hereunder, may be transferred by Thayer to (a)
any partner or retired partner of Thayer (or any family member of such person or
trust for the benefit of such person) to which Registrable Shares are
transferred, and such transferee shall be deemed a "STOCKHOLDER" for purposes of
this Agreement, and (b) any person or entity to which Registrable Shares are
transferred, and who acquires at least ten percent (10%) of the Series B Stock
issued pursuant to the terms of the Series B Investment Agreement, and such
transferee shall be deemed a "STOCKHOLDER" for purposes of this Agreement;
provided, however, that in all cases set out in this Section 14 the transferee
provides written notice of such assignment to the Company and agrees to be bound
by the terms of this Agreement.

         15. GENERAL.

                  (a) NOTICES. All notices, requests, consents, and other
communications under this Agreement shall be in writing and shall be delivered
by hand or fax or mailed by first class certified or registered mail, return
receipt requested, postage prepaid:

         If to the Company, to The Concours Group, Inc., 3 Kingwood Place, 800
Rockmead Drive, Kingwood, Texas 77339, Attention: President, or at such other
address or addresses as may have been furnished in writing by the Company to
Tallard and Thayer, with a copy to Andrius Kontrimas, Esq., Jenkens & Gilchrist,
P.C., 1100 Louisiana, Suite 1800, Houston, TX 77002 (fax no. (713) 951-3314); or

         If to Tallard, to Tallard B.V., Alexander Battalaan 40, 6221 CE
Maastricht, The Netherlands, or at such other address or addresses as may have
been furnished to the Company in writing by Tallard, with a copy to James D.
Rosener, Esq., Pepper Hamilton LLP, Westlakes Drive, Suite 400, Berwyn,
Pennsylvania 19312 (fax no. (610) 640-7835).

                                       12
<PAGE>   13

         If to Thayer or Thayer Partners, to Thayer Equity Investors IV, L.P.
1445 Pennsylvania Avenue, N.W., Suite 350, Washington DC 20004, Attention:
Robert Michalik (fax no. (202) 371-0391) or such other address or addresses as
may have been furnished in writing to the Company in writing by Thayer, with a
copy to Christopher J. Hagan, Esq., Hogan & Hartson, L.L.P., 555 13th Street,
N.W, Washington DC 20004 (fax no. (202) 637-5910).

         Notices provided in accordance with this Section 15(a) shall be deemed
delivered upon personal delivery, upon receipt of confirmation sheet confirming
the receipt of a fax, or two business days after deposit in the mail.

                  (b) ENTIRE AGREEMENT. This Agreement embodies the entire
agreement and understanding between the parties hereto with respect to the
subject matter hereof and supersedes all prior agreements and understandings
relating to such subject matter.

                  (c) AMENDMENTS AND WAIVERS. Any term of this Agreement may be
amended and the observance of any term of this Agreement may be waived (either
generally or in a particular instance and either retroactively or
prospectively), with the written consent of the Company and the holders of at
least fifty percent (50%) of the Series A Registrable Shares and fifty percent
(50%) of the Series B Registrable Shares. No waivers of or exceptions to any
term, condition or provision of this Agreement, in any one or more instances,
shall be deemed to be, or construed as, a further or continuing waiver of any
such term, condition or provision.

                  (d) COUNTERPARTS. This Agreement may be executed in one or
more counterparts, each of which shall be deemed to be an original, but all of
which shall be one and the same document. This Agreement may be executed and
delivered by facsimile transmission.

                  (e) SEVERABILITY. If any provision of this Agreement is held
by a court of competent jurisdiction to be invalid, illegal or unenforceable,
such holding shall not affect the validity or enforceability of any other
provision of this Agreement and the provision held to be invalid, illegal or
unenforceable shall be deemed modified to the minimum extent necessary to render
it valid, legal and enforceable while accomplishing the intent of such provision
as nearly as practicable

                  (f) GOVERNING LAW. THIS AGREEMENT SHALL BE GOVERNED BY AND
CONSTRUED IN ACCORDANCE WITH THE DOMESTIC LAWS OF THE STATE OF TEXAS WITHOUT
GIVING EFFECT TO ANY CHOICE OR CONFLICT OF LAW PROVISION OR RULE (WHETHER OF THE
STATE OF TEXAS OR ANY OTHER JURISDICTION) THAT WOULD CAUSE THE APPLICATION OF
THE LAWS OF ANY JURISDICTION OTHER THAN THE STATE OF TEXAS.

                  (g) NO THIRD PARTY BENEFICIARIES. This Agreement shall not
confer any rights or remedies upon any person or entity other than the parties
and their respective successors and permitted assigns.

                  (h) ATTORNEYS' FEES. If any arbitration or action at law or in
equity, including an action for declaratory relief, is brought to enforce or
interpret the provisions of this Agreement, the prevailing party shall be
entitled to recover reasonable attorneys' fees and costs

                                       13
<PAGE>   14

from the other party; provided, however, that no party shall be a prevailing
party unless such party has recovered more or paid less as a result of
arbitration or a final order resulting from judicial proceedings than the amount
offered by an opposing party to settle the dispute.

                                       14
<PAGE>   15

         Executed as of the date first written above.

                                         COMPANY:

                                         THE CONCOURS GROUP, INC.

                                         By:        /s/ Ronald P. Christman
                                                    ----------------------------
                                         Name:      Ronald P. Christman
                                                    ----------------------------
                                         Title:     Chief Executive Officer
                                                    ----------------------------

                                         TALLARD:

                                         TALLARD B.V.

                                         By:        /s/ Insinger Management
                                                    ----------------------------
                                         Name:      (Netherlands) BV
                                                    ----------------------------
                                         Title:     Director
                                                    ----------------------------

                                         THAYER:

                                         THAYER EQUITY INVESTORS IV, L.P.

                                              By:  TC Equity Partners IV, L.L.C.
                                              Its General Partner

                                              By:   /s/ Robert E. Michalik
                                                    ----------------------------
                                              Name: Robert E. Michalik
                                                    ----------------------------
                                              Title: Vice President
                                                    ----------------------------

                                         THAYER PARTNERS:

                                         THAYER CGI PARTNERS LLC

                                         By:        /s/ Robert E. Michalik
                                                    ----------------------------
                                         Name:      Robert E. Michalik
                                                    ----------------------------
                                         Title:     Vice President
                                                    ----------------------------

                                       15
<PAGE>   16

                                         INFOLOGIX:

                                         INFOLOGIX (BVI) LIMITED

                                         By:        /s/ Martyn David Crespel
                                                    ----------------------------
                                         Name:      Martyn David Crespel
                                                    ----------------------------
                                         Title:     Director
                                                    ----------------------------

                                       16<PAGE>   1
                                                                   EXHIBIT 10.15

                              INVESTMENT AGREEMENT

     This Investment Agreement (the "AGREEMENT") is executed as of February ___,
2000 by and between The Concours Group, Inc., a Delaware corporation (the
"COMPANY"), Thayer Equity Investors IV, L.P. a Delaware limited partnership
("THAYER"), and Thayer CGI Partners LLC, a Delaware limited liability company
(each, an "INVESTOR" and collectively, the "INVESTORS").

                                    RECITALS:

     A.   The Investors desire to invest in the Company by purchasing shares of
          the Company's capital stock; and

     B.   The Company desires to sell such shares of capital stock to the
          Investors.

     NOW, THEREFORE, the Company and the Investors hereby agree as follows:

          1. PURCHASE AND SALE OF STOCK.

             1.1 PURCHASE AND SALE; PURCHASE PRICE. The Investors hereby agree
to purchase from the Company, and the Company hereby agrees to sell to the
Investors at the Closings (as defined below), on the terms and conditions set
forth in this Agreement, the number of shares of the Company's Series B
Convertible Preferred Stock, par value $0.01 per share (the "SERIES B STOCK"),
for an aggregate purchase price of $15,000,000, by wire transfer in accordance
with written instructions provided by the Company.

             1.2 CLOSING.

                 (a) Initial Closing. The initial closing (the "INITIAL
CLOSING") of the sale of the Series B Stock will take place at the offices of
Jenkens & Gilchrist, a Professional Corporation, 1100 Louisiana, Suite 1800,
Houston, Texas 77002, at 10:00 a.m., on the date that is one business day
subsequent to the consummation of the transactions contemplated by that certain
Exchange Agreement, by and among the Company and the shareholders of Cepro AB
(the "CEPRO AGREEMENT"), or such other time and place as agreed to by the
parties hereto (the "INITIAL CLOSING DATE"). At the Initial Closing, the Company
will deliver to the Investors certificates representing an aggregate of 206,238
shares of Series B Stock being acquired by the Investors on the Initial Closing
Date upon payment of the aggregate purchase price of $2,000,000 by Investors to
the Company.

                 (b) Additional Closing. On or prior to March 13, 2000, the
Investors agree to purchase and the Company agrees to issue, an aggregate of
1,340,546 shares of Series B Stock. The closing ("ADDITIONAL CLOSING") of the
sale of these shares of Series B Stock will take place at the offices of Jenkens
& Gilchrist, a Professional Corporation, 1100 Louisiana, Suite 1800, Houston,
Texas 77002, at 10:00 a.m., on or before March 13, 2000, or such other time and
place

<PAGE>   2

as agreed to by the parties hereto (the "ADDITIONAL CLOSING DATE"). At the
Additional Closing, the Company will deliver to the Investors certificates
representing the 1,331,879 shares of Series B Stock being acquired by the
Investors on the Additional Closing Date upon payment of the aggregate purchase
price of $13,000,000 by the Investors to the Company. There shall be no other
conditions precedent to either the Company's obligation to issue, or the
Investors' obligation to purchase, such shares other than the occurrence of the
Initial Closing. The Initial Closing and the Additional Closing are sometimes
referred to as the "CLOSINGS" and each as a "CLOSING."

             1.3 DELIVERY. At each Closing, the Company shall deliver to each of
the Investors a certificate representing the number of shares of the Series B
Stock set forth opposite each Investor's name on Schedule 1.1 against payment of
the purchase price therefor, as specified in Section 1.1 and Section 1.2. The
shares of Series B Stock purchased by the Investors may be referred to herein
collectively as the "PURCHASED SHARES." The Purchased Shares are convertible
into shares of the Company's common stock, $0.01 par value per share (the
"COMMON STOCK"), pursuant to the terms of the Certificate of Designation (as
defined herein). Such shares of Common Stock into which the Purchased Shares are
convertible may be referred to herein collectively as the "CONVERSION SHARES."

          2. REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE COMPANY. The
Company represents, warrants and covenants to the Investors that the following
are true and correct as of the Initial Closing Date:

             2.1 ORGANIZATION AND QUALIFICATION; CORPORATE POWER. The Company is
a corporation duly organized, validly existing and in good standing under the
laws of the State of Delaware and has the corporate authority to own, lease and
operate its properties and assets and to carry on its business as it is now
being conducted, and is duly qualified as a foreign corporation to do business
and is in good standing in every jurisdiction in which the failure so to qualify
would have a material adverse effect on the business or properties of the
Company, taken as a whole. The Company has all required corporate power and
authority to execute and deliver this Agreement and the other agreements
contemplated herein, to issue and sell the Series B Stock hereunder, to issue
shares of Common Stock upon conversion of the Series B Stock, and to carry out
the transactions contemplated by this Agreement and the other agreements
contemplated herein.

             2.2 ARTICLES AND BYLAWS. The Company has furnished the Investors
with copies of its Certificate of Incorporation and Bylaws, and such copies are
true and complete and contain all amendments to date.

             2.3 SUBSIDIARIES. Except as set forth on Schedule 2.3, the Company
has no subsidiaries and does not otherwise own or control, directly or
indirectly, any other corporation, association or business entity.

             2.4 AUTHORIZATION. All corporate action on the part of the Company,
its officers, directors, and stockholders necessary for the authorization,
execution and delivery of

                                       2
<PAGE>   3
this Agreement and the other agreements contemplated herein by the Company and
the authorization, issuance and delivery of the Purchased Shares (including the
Conversion Shares) has been taken, and this Agreement, and all agreements
executed by the Company pursuant to this Agreement, constitute valid and legally
binding obligations of the Company, enforceable in accordance with their terms,
except as the enforceability thereof may be limited by bankruptcy, insolvency or
other laws relating to or affecting creditors' rights generally and by general
equitable principles (regardless of whether such enforceability is considered in
a proceeding or action in law or equity).

             2.5 CAPITALIZATION AND VALID ISSUANCE OF STOCK.

                 (a) The authorized capital of the Company consists of
50,000,000 shares of Common Stock, of which 5,907,104 shares will be issued and
outstanding immediately prior to the Initial Closing, and 5,000,000 shares of
preferred stock, par value $0.01 per share (the "PREFERRED STOCK") of which
2,280,100 shares have been designated as Series A Convertible Preferred Stock
(the "SERIES A STOCK"), 1,810,000 of which will be issued and outstanding
immediately prior to the Initial Closing, and of which 1,936,000 shares have
been designated Series B Stock, of which no shares will be issued and
outstanding immediately prior to the Initial Closing. Schedule 2.5 sets forth
(i) the names of the persons owning the issued and outstanding shares of Common
Stock and Series A Stock as of the Initial Closing Date and the number of shares
owned by each such person, and (ii) a list of all outstanding options and
warrants to purchase shares of the Company's capital stock or securities
convertible or exercisable into shares of the Company's capital stock as of the
Initial Closing Date.

                 (b) The Company has filed, and the Secretary of State of
Delaware has accepted, the Amended and Restated Certificate of Designation of
the Powers, Rights and Preferences (the "CERTIFICATE OF DESIGNATION") in the
form attached hereto as Exhibit A, which Certificate of Designation designates
1,936,000 shares of the Preferred Stock as Series B Stock.

                 (c) Except as set forth in Schedule 2.5, no options, warrants,
rights (including conversion or preemptive rights) or agreements for the
purchase or acquisition from the Company of any shares of its capital stock or
securities convertible or exchangeable into shares of capital stock are
outstanding.

                 (d) The Purchased Shares when issued, sold and delivered in
accordance with the terms of this Agreement for the consideration expressed
herein, will be duly and validly authorized and issued, fully paid and
nonassessable and free of all encumbrances and restrictions, except restrictions
on transfer imposed by applicable securities laws, the Articles of Incorporation
and as may be agreed upon by the Investors in writing. The Company has
authorized and reserved for issuance upon conversion of the Series B Preferred
not less than 1,936,000 shares of its Common Stock, and the Conversion Shares
will be, when and if issued pursuant to the terms of the Certificate of
Designation, validly authorized and issued, fully paid and nonassessable and
free of all encumbrances and restrictions, except restrictions on transfer
imposed by applicable securities laws, the Certificate of Incorporation and as
may be agreed upon by the Investors in writing. The shares of Common Stock and
Series A Stock issued and

                                       3
<PAGE>   4

outstanding on the Initial Closing Date are all duly and validly authorized and
issued, fully paid and nonassessable, and were not issued in violation of any
preemptive rights of any person.

             2.6 CONFLICTING LAWS, AGREEMENTS AND CHARTER PROVISIONS. Neither
the execution nor delivery of this Agreement or the other agreements
contemplated herein, nor the consummation of the transactions contemplated
hereby and thereby will (a) conflict with, or result in a breach of the
provisions of any agreement or instrument (including its charter and bylaws) to
or by which the Company is bound; (b) violate any order, judgment, statute, law
(including securities and Blue Sky laws), rule or regulation to or by which the
Company is, or such transactions are, subject, except where such violation would
not have a material adverse effect on the business or properties of the Company,
taken as a whole; or (c) result in the creation of any lien or encumbrance upon
any of the properties or assets of the Company.

             2.7 LEGAL PROCEEDINGS.

                 (a) Litigation. No action, suit, proceeding or investigation is
pending or, to the Company's knowledge, threatened against the Company that
questions the validity of this Agreement, the other agreements contemplated
herein, or the right of the Company to enter into, or to consummate, the
transactions contemplated hereby and thereby, or which could result, either
individually or in the aggregate, in any material adverse change in the assets,
condition, business or operating results of the Company, taken as a whole, or
any change in the current equity ownership of the Company, nor to the Company's
knowledge, is there any basis for the foregoing. The Company is not a party or
subject to the provisions of any order, writ, injunction, judgment or decree of
any court or government agency or instrumentality.

                 (b) Compliance With Law and Other Instruments. The Company is
not in violation of any provision of its Certificate of Incorporation or bylaws
or, to its knowledge, of any law, ordinance, requirement, regulation, judgment,
injunction, award, decree or order applicable to its business, the violation of
which would materially and adversely affect its financial condition, prospects,
results of operations, assets or business, taken as a whole. There is not, under
any agreement or instrument to which the Company is a party, any existing
default or event which with notice or lapse of time or both would constitute a
default or create a lien, charge or encumbrance on any assets of the Company,
the effect of either of which would result in a material adverse effect on the
business or properties of the Company, taken as a whole. The Company is not
subject to, or has reason to believe it may become subject to, any material
liability or material corrective or remedial obligation arising under any
federal, state local or foreign law, rule or regulation (including the common
law) relating to or regulating health, safety, pollution or the protection of
the environment.

             2.8 REGISTRATION RIGHTS; PREEMPTIVE RIGHTS. Except for that certain
Amended and Restated Registration Rights Agreement (the "REGISTRATION RIGHTS
AGREEMENT") in the form attached hereto as Exhibit B and to be entered into as
of the Initial Closing Date between the Company, the Investors and the other
parties signatory thereto, the Company is not under any obligation to register
under the Securities Act of 1933, as amended (the "ACT"), the offer and sale of
any of its outstanding securities or its securities that may hereafter be issued
by

                                       4
<PAGE>   5

the Company. Except as set forth in the Certificate of Designation, there are no
preemptive rights affecting the issuance or sale of the Company's capital stock.

             2.9 GOVERNMENTAL CONSENTS. No consent, approval, order or
authorization of, or registration, qualification, designation, declaration or
filing with, any federal, state, local or provincial governmental authority on
the part of the Company is required in connection with the consummation of the
transactions contemplated by this Agreement, other than as specifically required
by this Agreement, the filing of a registration statement pursuant to the
Registration Rights Agreement, the filing of a Form D with the Securities and
Exchange Commission and filings required under applicable state securities or
"blue sky" laws, except where the failure to obtain or make such approval,
consent, exemption, authorization, other action, notice or filing would not have
a material adverse effect on the business or properties of the Company, taken as
a whole.

             2.10 EMPLOYEES. The Company is not aware that any executive or key
employee of the Company or any material group of employees of the Company has
any plans to terminate employment with the Company. The Company has complied in
all material respects with all laws relating to the employment of labor
(including, without limitation, provisions thereof relating to wages, hours,
equal opportunity, collective bargaining and the payment of social security and
other taxes), and the Company is not aware that it has any material labor
relations problems (including, without limitation, any union organization
activities, threatened or actual strikes or work stoppages or material
grievances). Neither the Company nor, to the best of the Company's knowledge,
any of its employees, is subject to any noncompete, nondisclosure,
confidentiality, employment, consulting or similar agreements relating to,
affecting or in conflict with the present business activities of the Company,
except for agreements between the Company and its present and former employees.

             2.11 FINANCIAL STATEMENTS. Schedule 2.11 contains true, correct and
complete copies of the Financial Statements (as defined herein). Except as
described in Schedule 2.11, the Financial Statements are in accordance with the
books and records of the Company, have been prepared consistent with past
practices, have been prepared in accordance with generally accepted accounting
principals ("GAAP") (except that the unaudited Financial Statements do not
contain notes required by GAAP) and present fairly in all material respects the
financial position of the Company on the dates of such statements and the
results of its operations for the periods covered (subject, in the case of the
unaudited Financial Statements, to normal year-end adjustments, none of which,
either individually or in the aggregate, will be material). The Company
maintains its books, records and accounts in accordance with good business
practice and in sufficient detail to reflect fairly and in all material respects
the transactions and dispositions of its assets, liabilities and securities. For
purposes of this Agreement, "FINANCIAL STATEMENTS" shall mean (a) the
consolidated audited balance sheets, and statements of retained earnings,
operations and cash flow of the Company as of and for the years ended December
31, 1998 and 1997, and the notes thereto and (b) the consolidated unaudited
balance sheet and statement of operations of the Company as of and for the
twelve (12) month period ended December 31, 1999.

                                       5
<PAGE>   6

             2.12 ABSENCE OF UNDISCLOSED LIABILITIES. Except as set forth on
Schedule 2.12, the Company does not have any material obligation or liability
arising out of transactions entered into at or prior to the Initial Closing
other than (a) liabilities set forth on the Financial Statements (including any
notes thereto); and (b) liabilities and obligations which have arisen after the
date of the Financial Statements in the ordinary course of business.

             2.13 NO MATERIAL ADVERSE CHANGE. Since the date of the Financial
Statements, there has been no material adverse change in the financial
condition, operating results, assets, operations, business prospects, employee
relations or customer or supplier relations of the Company, taken as a whole.

             2.14 ABSENCE OF CERTAIN DEVELOPMENTS.

                 (a) Except as expressly contemplated by this Agreement or as
set forth on Schedule 2.14, since the date of the Financial Statements, the
Company has not:

                     (i) issued any notes, bonds or other debt securities or any
capital stock or other equity securities or any securities convertible,
exchangeable or exercisable into any capital stock or other equity securities;

                     (ii) borrowed any material amount or incurred or become
subject to any material liabilities, except liabilities incurred in the ordinary
course of business and liabilities under contracts entered into in the ordinary
course of business;

                     (iii) declared or made any payment or distribution of cash
or other property to its stockholders with respect to its capital stock or other
equity securities or purchased or redeemed any shares of its capital stock or
other equity securities (including, without limitation, any warrants, options or
other rights to acquire its capital stock or other equity securities);

                     (iv) sold, assigned or transferred any of its material
tangible assets, except in the ordinary course of business, or canceled any
material debts or claims;

                     (v) made capital expenditures or commitments therefor that
aggregate in excess of $500,000; or

                     (vi) suffered any damage, destruction or casualty loss
exceeding in the aggregate $250,000, whether or not covered by insurance.

                 (b) The Company has not at any time made any payments for
political contributions or made any bribes, kickback payments or other illegal
payments.

             2.15 EMPLOYEE BENEFIT PLANS. Schedule 2.15 attached hereto
identifies the employee benefit plans within Section 3(3) of the Employee
Retirement Income Security Act of 1974, as amended, that the Company maintains
and such plans are in compliance with all applicable federal, state and local
laws in all material respects.

                                       6
<PAGE>   7

             2.16 INSURANCE. The Company is not in default with respect to its
obligations under any insurance policy maintained by it, and the Company has not
been denied insurance coverage. The insurance coverage of the Company is
customary for corporations of similar size engaged in similar lines of business.
Except as set forth on Schedule 2.16, the Company does not have any
self-insurance or co-insurance programs, and the reserves set forth on the
Financial Statements are adequate to cover all anticipated liabilities with
respect to any such self-insurance or co-insurance programs.

             2.17 PATENTS, TRADEMARKS, SERVICE MARKS AND COPYRIGHTS.

                 (a) Ownership. Except as set forth on Schedule 2.17, the
Company owns all patents, trademarks, service marks and copyrights, if any,
necessary to conduct its business, or possesses adequate licenses or other
rights, if any, therefor, without conflict with the rights of others, except for
conflicts which could not reasonably be expected to result in a material adverse
effect on the business or properties of the Company, taken as a whole. Set forth
in Schedule 2.17 is a true and correct description of all proprietary rights
that are registered with a governmental entity or for which applications are
pending, together with the Company's registered domain name.

                 (b) Conflicting Rights of Third Parties. The Company has the
right to use its proprietary rights without infringing or violating the rights
of any third parties, except for infringements or violations which could not
reasonably be expected to result in a material adverse effect on the business or
properties of the Company, taken as a whole. Use of such proprietary rights does
not require the consent of any other person which has not been obtained and
proprietary rights held by the Company and listed on Schedule 2.17 are freely
transferable. No claim has been asserted by any person to the ownership of or
right to use any proprietary right or challenging or questioning the validity or
effectiveness of any license or agreement constituting a part of any proprietary
right.

                 (c) Claims of Other Persons. The Company does not have any
knowledge of any claim that, or inquiry as to whether, any product, activity or
operation of the Company infringes upon or involves, or has resulted in the
infringement of, any proprietary right of any other person, corporation or other
entity; and no proceedings have been instituted, are pending or, to the best
knowledge of the Company, are threatened that challenge the rights of the
Company with respect thereto.

             2.18 TAX MATTERS.

                 (a) All required foreign, federal, state, local and other tax
returns, notices and reports (including, without limitation, income, property,
sales, use, franchise, capital stock, excise, added value, employees' income
withholding, social security and unemployment tax returns) of the Company have
been accurately prepared in all material respects and duly and timely filed, and
all foreign, federal, state, local and other taxes required to be paid with
respect to the periods covered by such returns have been paid. Except as set
forth on Schedule 2.18, the

                                       7
<PAGE>   8

Company is not and has not been delinquent in the payment of any tax, assessment
or governmental charge.

                 (b) Except as set forth in Schedule 2.18, the Company has not
had any tax deficiency proposed or assessed against it and has not executed any
waiver of any statute of limitations on the assessment or collection of any tax
or governmental charge. Except as set forth in Schedule 2.18, and except for
sales tax audits, none of the Company's franchise tax returns has ever been
audited by governmental authorities. No tax audit, action, suit, proceeding,
investigation or claim is now pending nor, to the best knowledge of the Company,
threatened against the Company, and no issue or question has been raised (and is
currently pending) by any taxing authority in connection with any of the
Company's tax returns or reports.

                 (c) The reserves for taxes, assessments and governmental
charges reflected on the balance sheet of the Company (the "BALANCE SHEET") as
of December 31, 1999 (the "BALANCE SHEET DATE"), which Balance Sheet is included
in the Financial Statements are and will be sufficient for the payment of all
unpaid taxes and governmental charges payable by the Company with respect to the
period ended on the Balance Sheet Date. Since the Balance Sheet Date, the
Company have made adequate provisions on its books of account for all taxes,
assessments and governmental charges with respect to its business, properties
and operations for such period. The Company has withheld or collected from each
payment made to each of its employees, the amount of all taxes (including, but
not limited to, federal income taxes, Federal Insurance Contribution Act taxes
and Federal Unemployment Tax Act taxes) required to be withheld or collected
therefrom, and have paid the same to the proper tax receiving officers or
authorized depositories.

             2.19 TITLE TO ASSETS; CONDITION OF ASSETS.

                 (a) Except as disclosed on Schedule 2.19, the Company has good
and indefeasible title to its assets, including, without limitation, those
reflected on the Balance Sheet (other than those since disposed of in the
ordinary course of business), free and clear of all security interests, liens,
charges and other encumbrances, except for (i) liens for taxes not yet due and
payable or being contested in good faith in appropriate proceedings, and (ii)
encumbrances that are incidental to the conduct of its business or ownership of
property, not incurred in connection with the borrowing of money or the
obtaining of credit, and which do not in the aggregate materially detract from
the value of the assets affected or materially impair their use by the Company.
With respect to the assets of the Company that are leased, the Company is in
compliance with all material provisions of such leases. All facilities,
machinery, equipment, fixtures, vehicles and other properties owned, leased or
used by the Company are in good operating condition and repair, normal wear and
tear excepted, are reasonably fit and usable for the purposes for which they are
being used, are adequate and sufficient for the Company's business and, to the
best knowledge of the Company, conform in all material respects with all
applicable ordinances, regulations and laws.

                                       8
<PAGE>   9

                 (b) The Company enjoys peaceful and undisturbed possession
under all real property leases under which the Company is operating, and all
such leases are valid and subsisting and none of them is in default in any
material respect.

                 (c) The Company does not own any real property.

             2.20 BROKERAGE. Except as provided in Schedule 2.20, there are no
claims for brokerage commissions, finder's fees or similar compensation in
connection with the transactions contemplated by this Agreement based on any
arrangement or agreement made by the Company. The Company shall pay, and hold
each Investor harmless against, any liability, loss or expense (including,
without limitation, reasonable attorneys' fees and out-of-pocket expenses)
arising in connection with any such claim.

             2.21 YEAR 2000 COMPLIANCE. Except as set forth on Schedule 2.21,
all of the computer software, computer firmware, computer hardware (whether
general or special purpose), and other similar or related items of automated,
computerized, and/or software system(s) that are used or relied on by the
Company in the conduct of its business will not malfunction, will not cease to
function, will not generate incorrect data, and has not, and will not produce
incorrect results when processing, providing, and/or receiving (a) date-related
data into and between the Twentieth and Twenty-First Centuries and (b)
date-related data in connection with any valid date in the Twentieth and
Twenty-First Centuries, except for any malfunctions or generations of incorrect
data or results that would not individually or in the aggregate have a material
adverse effect on the assets, business, financial condition or results of
operations of the Company, taken as a whole. The Company has not been engaged in
any material year 2000 correction consulting work for customers pertaining to
its work product and has received no material claim or notice from any customer
regarding the failure of the Company to install computer software that is year
2000 compliant.

             2.22 FOREIGN INVESTMENT IN REAL PROPERTY TAX ACT. The Company is
not a "foreign person" within the meaning of Section 1445 of the Internal
Revenue Code, and the Company shall deliver to the Investors at the Initial
Closing an affidavit to this effect.

             2.23 DISCLOSURE. This Agreement and the exhibits and schedules
hereto, when taken as a whole with the representations and warranties set forth
herein, do not contain any untrue statement of material fact or omit any
material fact necessary in order to make the statements herein and therein not
misleading.

         The Investors acknowledge and agree that the Company makes no
representations and warranties with respect to the transactions contemplated by
this Agreement and the other agreements contemplated herein, except for those
specifically set forth in this Section 2. The Investors acknowledge and agree
that it shall not be a breach of any representation or warranty, and that the
Investors shall have waived any such breach, if, as of the Initial Closing, the
Investors had specific knowledge of any fact or matter that would constitute a
breach of any representation or warranty.

                                       9
<PAGE>   10

          3. REPRESENTATIONS AND WARRANTIES OF THE INVESTORS AND RESTRICTIONS ON
TRANSFER OF THE PURCHASED SHARES AND THE CONVERSION SHARES. Each Investor
represents, warrants and covenants to the Company that the following statements
are true and correct as of the Initial Closing Date.

             3.1 ORGANIZATION AND QUALIFICATION. The Investor is a limited
partnership or limited liability company, duly organized, validly existing and
in good standing under the laws of the State of Delaware. The Investor has the
requisite power and authority to carry on its business as it is now being
conducted.

             3.2 AUTHORIZATION. The execution, delivery and performance of this
Agreement and the other agreements contemplated herein have been duly authorized
by all necessary action on the part of the Investor. The Investor has the full
right, power and authority to enter into this Agreement and the other agreements
contemplated herein, and this Agreement and the other agreements contemplated
herein constitute the valid and legally binding obligations of the Investor,
enforceable in accordance with their terms, except as may be limited by
bankruptcy, insolvency or other laws relating to or affecting creditors' rights
generally and by general equitable principles (regardless of whether such
enforceability is considered in a proceeding or action in law or equity).

             3.3 INVESTMENT REPRESENTATIONS.

                 (a) The Investor is an "ACCREDITED INVESTOR" within the meaning
of Regulation D under the Act and is acquiring the Purchased Shares for its own
account solely for investment, and not with a view to the distribution or resale
thereof. There are no contracts, agreements or understandings with any persons
or entities to sell, transfer or grant participation rights in the Purchased
Shares.

                 (b) The Investor has received and examined all the information
and materials it considers necessary or appropriate to decide whether to
purchase the Purchased Shares and has had an opportunity to ask questions of,
and receive answers from, the Company respecting the provisions of the offering
of the Purchased Shares.

                 (c) The Investor (i) has substantial knowledge and experience
in financial and business matters, including, without limitation, evaluating and
investing in private companies; (ii) is capable of evaluating the merits of the
prospective investment; (iii) is a sophisticated investor; and (iv) has the
ability to bear the economic risks, including the risk of a total loss, of its
investment.

                 (d) The Investor understands that it may not sell or otherwise
dispose of the Purchased Shares or the Conversion Shares except in accordance
with the provisions of Section 3.4 and understands that neither the Purchased
Shares nor the Conversion Shares have been registered under the Act or any
applicable state securities laws and will be issued in reliance on an exemption
from the registration requirements thereof, and that the certificate(s)
representing the Purchased Shares and the Conversion Shares may be the subject
of a stop

                                       10
<PAGE>   11

transfer notice with the Company's stock transfer agent and such certificate(s)
will contain the following legend, and any additions thereto required by
applicable state securities laws:

         "THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED
         UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR ANY APPLICABLE STATE
         SECURITIES LAW, AND MAY NOT BE OFFERED FOR SALE, SOLD OR TRANSFERRED IN
         THE ABSENCE OF SUCH REGISTRATION OR AN OPINION OF COUNSEL IN FORM AND
         SUBSTANCE SATISFACTORY TO THE COMPANY TO THE EFFECT THAT SUCH
         REGISTRATION IS NOT REQUIRED."

The Investor acknowledges that the Company is relying on its representations and
warranties contained herein for purposes of determining compliance with the
applicable federal and state securities laws.

             3.4 RESTRICTIONS ON TRANSFER. Except for sales or other
dispositions pursuant to an effective registration statement under the Act (or
its then equivalent), the Investor agrees not to sell or otherwise dispose of
any of the Purchased Shares or Conversion Shares unless prior to selling or
otherwise disposing of any such shares: (a) the Investor delivers to the Company
written notice of the proposed sale or other disposition, together with an
opinion of counsel reasonably acceptable to the Company to the effect that the
proposed sale or other disposition may be effected without registration under
the Act (or its then equivalent) and qualification under any applicable state
securities laws then in effect, and, if requested by the Company, the written
consent of the transferee of such shares to be bound by the terms of this
Agreement; or (b) such sale or other disposition is the subject of a no-action
letter issued by the Staff of the Securities and Exchange Commission permitting
such sale or disposition. The Investor acknowledges that there is no currently
available exemption under Rule 144 promulgated under the Act for sales of
capital stock of the Company.

          4. CONDITIONS TO INITIAL CLOSING.

             4.1 CONDITIONS TO INITIAL CLOSING BY INVESTORS. The obligations of
the Investors to purchase and pay for the Purchased Shares being purchased at
the Initial Closing are subject to the satisfaction, on or before the Initial
Closing Date, of each of the following conditions:

                 (a) Representations and Warranties. The representations and
warranties contained in Section 2 shall be materially true and correct on and as
of the Initial Closing Date.

                 (b) Compliance Certificates. The Company shall have delivered
to the Investors a certificate, in substance and form acceptable to the
Investors, executed by (i) the Chief Executive Officer of the Company and dated
the Initial Closing Date, and certifying to the fulfillment of the conditions
specified in Section 4.1(a) of this Agreement and (ii) executed by the Chief
Financial Officer of the Company and dated the Initial Closing Date, and
certifying that the audited financial statements, including the notes thereto,
for the year ended December 31, 1999 will, upon receipt, not materially and
adversely vary from the draft financial statements delivered to the Investors on
February 28, 2000.

                                       11
<PAGE>   12

                 (c) Proceedings. All corporate and other proceedings taken or
to be taken in connection with the transactions contemplated hereby at the
Initial Closing, and all documents or instruments incident thereto, shall be
fully performed or executed and shall be satisfactory in substance and form to
the Investors and the Investors shall have received all such counterpart
originals, certified or other copies of such minutes, documents or instruments
as the Investors may reasonably request.

                 (d) Securities Law Compliance. The Company shall have taken all
actions under all applicable federal and state securities laws necessary to
consummate the issuance of the Series B Stock pursuant to this Agreement in
compliance with such laws.

                 (e) Execution and Delivery of Ancillary Documents. The
following ancillary documents or items shall have been executed and/or
delivered:

                     (i) The Registration Rights Agreement;

                     (ii) an opinion of Jenkens & Gilchrist, a Professional
Corporation, counsel to the Company substantially in the form of Exhibit C
attached hereto;

                     (iii) the Certificate of Incorporation of the Company and
all amendments thereto, certified by the Secretary of State of Delaware;

                     (iv) (A) copies of the resolutions of the Company's Board
of Directors authorizing and approving this Agreement and all of the
transactions and agreements contemplated hereby and thereby; (B) the bylaws of
the Company; and (C) the names of the officer or officers of the Company
authorized to execute this Agreement and any and all documents, agreements and
instruments contemplated herein, all certified by the Secretary of the Company
to be true, correct, complete and in full force and effect and unmodified as of
the Initial Closing Date;

                     (v) a certificate of existence and good standing for the
Company from the Secretary of State of Delaware; and

                     (vi) a certificate from the Secretary of State of Texas,
showing that the Company is qualified as a foreign corporation, dated as of a
date within ten (10) days of the Initial Closing Date.

                 (f) Certificate of Designation. The Certificate of Designation
shall have been filed with, and have been accepted by, the Secretary of State of
the State of Delaware.

             4.2 CONDITIONS TO INITIAL CLOSING BY COMPANY. The obligation of the
Company to sell the Purchased Shares being sold at the Initial Closing to the
Investors is subject to the satisfaction, on or before the Initial Closing Date,
of each of the following conditions:

                                       12
<PAGE>   13

                 (a) Representations and Warranties. The representations and
warranties contained in Section 3 shall be true on and as of the date of Initial
Closing.

                 (b) Compliance Certificate. The Investors shall have delivered
to the Company a certificate in the form acceptable to the Company, executed by
an authorized officer of the General Partner of the Investors, dated as of the
Initial Closing Date, and certifying to the fulfillment of the conditions
specified in Section 4.2(a) of this Agreement.

          5. COVENANTS OF THE COMPANY.

             5.1 MAINTENANCE OF THE BUSINESS. Except as otherwise agreed to in
writing by the holders of a majority of the shares of Series B Stock, the
Company shall (a) maintain its corporate existence; (b) maintain all of its
assets in good condition in accordance with prudent business practices, ordinary
wear and tear excepted; (c) hold Board of Directors meetings at least quarterly,
either by telephone or in person; and (d) submit an annual operating plan to its
Board of Directors for its approval at least one month prior to the beginning of
each fiscal year.

             5.2 NEGATIVE COVENANTS. Without limiting any other covenants and
provisions hereof or contained in any other agreement to which the Company and
the Investors are parties, the Company covenants and agrees that, for as long as
at least twenty-five percent (25%) of the shares of Series B Stock issued
pursuant to this Agreement remain outstanding, the Company (unless it has
received the written consent of two-thirds of the Board of Directors of the
Company, one of whom shall be a representative designated by the holders of the
Series A Stock or the Series B Stock prior to the time that a majority of the
Company's directors are Independent Directors (as defined herein)) shall comply
with and observe the following negative covenants and provisions and will not:

                 (a) sell or dispose of all or substantially all of the
Company's property or business for an amount less than $150,000,000;

                 (b) merge into or consolidate with any other corporation or
other entity (other than a wholly-owned subsidiary of the Company) or effect any
transaction or series of related transactions in which more than fifty percent
(50%) of the voting power of the Company is disposed of, unless the value
received by the stockholders of the Company exceeds $150,000,000;

                 (c) alter or amend the Company's charter or bylaws;

                 (d) increase or decrease the number of directors on the
Company's Board of Directors; or

                 (e) dissolve the Company.

                                       13
<PAGE>   14

         For purposes of this Section 5.2, the term "Independent Directors"
shall mean directors of the Company who are not employees of the Company or who
are not paid consultants of or under retainer to the Company and who are not
affiliates of the Investors.

             5.3 FINANCIAL STATEMENTS AND OTHER INFORMATION. The Company will
maintain a standard system of accounting records which will fairly present, in
all material respects, the Company's financial condition. In addition, for so
long as the Investors or their affiliates hold at least fifty percent (50%) of
the shares of Series B Stock issued pursuant to this Agreement (or the related
Conversion Shares) the Company will deliver to the Investors or any affiliate of
the Investors which owns at least ten percent (10%) of the Series B Stock issued
pursuant to this Agreement (or the related Conversion Shares), the following:

                 (a) as soon as practicable, but in any event within ninety (90)
days after the end of each fiscal year of the Company, audited financial
statements, in reasonable detail, prepared in accordance with GAAP;

                 (b) as soon as practicable, but in any event within forty-five
(45) days after the end of each of the first three quarters of each fiscal year
of the Company, unaudited financial statements of the Company;

                 (c) as soon as practicable, but in any event within thirty (30)
days after the end of each month, unaudited financial statements of the Company;
and

                 (d) such other information relating to the financial condition,
business, prospects or corporate affairs of the Company as the Investors may
from time to time reasonably request in writing.

             5.4 BOARD OF DIRECTORS. For so long as at least a majority of the
shares of Series B Stock issued pursuant to this Agreement remain outstanding,
the holders of the Series B Stock shall be entitled to designate and elect one
member of the Company's Board of Directors from among the members of Thayer's
board of advisors (or a person mutually agreed upon by the Company and Thayer
with similar credentials and standing), which designation shall be subject to
the reasonable approval of Company's Board of Directors. In addition, for so
long as the Investors in the aggregate hold at least twenty-five percent (25%)
of the shares of Series B Stock issued pursuant to this Agreement, Thayer shall
have the right to have an observer present at all meetings of the Board of
Directors of the Company. The Company shall reimburse the director and the
observer for their reasonable out-of-pocket expenses incurred in attending
meetings of the Board of Directors of the Company.

             5.5 INSPECTION. For as long as the Investors or any affiliate of
the Investors own at least fifty percent (50%) of the shares of Series B Stock
issued pursuant to this Agreement, the Company shall permit Thayer, at Thayer's
expense, to visit and inspect the Company's properties during normal business
hours, to examine its books of account and records and to discuss the Company's
affairs, finances and accounts with its officers, all at such reasonable times
as may be requested by Thayer; provided, however, that the Company shall not

                                       14
<PAGE>   15

be obligated pursuant to this Section 5.5 to provide access to any information
that it reasonably considers to be a trade secret or similar confidential
information.

             5.6 USE OF INFORMATION. Any information provided pursuant to
Section 5.3 or Section 5.5 shall be used by the Investors solely in furtherance
of their interests as investors in the Company, and the Investors shall maintain
and shall take such steps as are necessary to cause their representatives and
agents to maintain the confidentiality of all non-public information of the
Company obtained under such sections.

             5.7 ASSIGNMENT OF INFORMATION AND VISITATION RIGHTS. The rights
granted to the Investors under Sections 5.3 and 5.5 may not be assigned except
to an affiliate of the Investors and provided that (a) the Company shall be
entitled to notice of any such transfer within thirty (30) days of the date such
transaction is effected; (b) such assignee or transferee agrees to be bound by
the terms of this Agreement; and (c) such assignee or transferee is not, in the
Company's reasonable judgment, a competitor of the Company.

          6. SURVIVAL OF REPRESENTATIONS, WARRANTIES AND COVENANTS; WAIVER AND
AMENDMENT.

             6.1 COMPANY AND THE INVESTORS. Except as otherwise herein provided,
all covenants of the Company and the Investors contained in this Agreement shall
survive the execution of this Agreement and the consummation of the transactions
contemplated hereby and remain in effect until the Company consummates an
underwritten public offering of its Common Stock pursuant to an effective
registration statement, with aggregate gross proceeds (prior to underwriter
commissions and expenses) of not less than $25,000,000. The representations and
warranties of the Company made in this Agreement or in any document executed in
connection herewith or in any certificate delivered pursuant to this Agreement,
shall survive the execution and delivery of this Agreement for a period of
fifteen (15) months.

             6.2 WAIVER AND MODIFICATION. Any term or provision of this
Agreement may be waived at any time by the written consent of the party which is
entitled to the benefits thereof. Any waiver shall not operate as a waiver of
any other term or provision. This Agreement may only be modified by mutual
written agreement of the parties.

          7. MISCELLANEOUS.

             7.1 NOTICES. Any notice or other communication required or
permitted hereunder shall be in writing and shall be sent by registered or
certified mail, return receipt requested, or facsimile, or by overnight courier,
delivered against receipt to the party to whom it is to be given at the address
of such party as set forth below, or to such other address as the party shall
have furnished in writing to all parties in accordance with the provisions of
this Section 7.1, and shall be deemed properly given: (a) in the case of
registered or certified mail, five (5) business days after deposit in the United
States mail; (b) in the case of facsimile, upon receipt of a confirmation
notice; and (c) in the case of an overnight courier, on such courier's
guaranteed delivery date, except for a notice changing a party's address, which
shall be deemed given only at

                                       15
<PAGE>   16
the time of receipt thereof by each party affected thereby, and in the case of
facsimile, on the day following the date of transmission:

             If to the Company:

                  The Concours Group, Inc.
                  3 Kingwood Place
                  800 Rockmead Drive
                  Kingwood, Texas 77339
                  Attn. Dr. Ron Christman
                  Telephone: (281) 359-3464
                  Fax: (281) 359-3443

             With a copy to:

                  Jenkens & Gilchrist,
                    a Professional Corporation
                  1100 Louisiana, Suite 1800
                  Houston, Texas 77002
                  Attn.: Andrius Kontrimas, Esq.
                  Telephone: (713) 951-3300
                  Fax: (713) 951-3314

             If to the Investors:

                  Thayer Equity Investors IV, L.P.
                  1455 Pennsylvania Avenue, N.W.
                  Suite 350
                  Washington DC  20004
                  Attn.: Robert Michalik
                  Telephone: (202) 371-0150
                  Fax: (202) 371-0391

             With a copy to:

                  Hogan & Hartson, L.L.P.
                  555 13th Street, N.W.
                  Washington DC  20004
                  Attn.: Christopher J. Hagan, Esq.
                  Telephone: (202) 637-5771
                  Fax: (202) 637-5910

             7.2 BINDING EFFECT. The provisions of this Agreement shall be
binding upon and inure to the benefit of the parties hereto and the successors
and assigns of the Company and

                                       16
<PAGE>   17

the respective assigns (to the extent assignable herein), heirs and personal
representatives of the Investor.

             7.3 NO THIRD PARTY BENEFICIARIES. This Agreement does not create
and shall not be construed as creating any rights enforceable by any person not
a party to this Agreement.

             7.4 SEVERABILITY. If any provision of this Agreement is held by a
court of competent jurisdiction to be invalid, illegal or unenforceable, that
shall, in no way, affect the validity or enforceability of any other provision
of this Agreement and that provision shall be deemed modified to the minimum
extent necessary to render it valid, legal and enforceable while accomplishing
the intent of such provision as nearly as practicable.

             7.5 CONSTRUCTION. The parties have participated jointly in the
negotiation and drafting of this Agreement and agree that no presumption or
burden of proof shall arise favoring or disfavoring any party by virtue of the
authorship of any of the provisions of this Agreement. The headings of this
Agreement are solely for convenience of reference and shall be given no effect
in the construction or interpretation of this Agreement. Pronouns shall be
deemed to include the singular, plural, masculine, feminine or neuter, as the
context requires. References to section numbers are to sections of this
Agreement unless otherwise indicated. All exhibits attached to this Agreement
are incorporated herein as if set forth in this Agreement in full.

             7.6 COUNTERPARTS. This Agreement may be executed in any number of
counterparts, each of which shall be deemed an original, but all of which
together shall constitute one and the same instrument. This Agreement may be
executed and delivered by facsimile transmission.

             7.7 GOVERNING LAW. THIS AGREEMENT SHALL BE GOVERNED BY AND
CONSTRUED IN ACCORDANCE WITH THE DOMESTIC LAWS OF THE STATE OF TEXAS WITHOUT
GIVING EFFECT TO ANY CHOICE OR CONFLICT OF LAW PROVISION OR RULE (WHETHER OF THE
STATE OF TEXAS OR ANY OTHER JURISDICTION) THAT WOULD CAUSE THE APPLICATION OF
THE LAWS OF ANY JURISDICTION OTHER THAN THE STATE OF TEXAS.

             7.8 EXPENSES. Each party to this Agreement shall bear its own
expenses relating to the preparation, execution, delivery and performance of
this Agreement, the Registration Rights Agreement and the Certificate of
Designation and all transactions contemplated hereby; provided, however, upon
consummation of the transactions contemplated hereby, the Company shall pay
reasonable legal fees and out-of-pocket expenses of the Investors of up to
$60,000 in the aggregate.

             7.9 ENTIRE AGREEMENT. This Agreement sets forth the entire
understanding and agreement among the parties with respect to the subject matter
hereof and supersedes and replaces any prior understanding, agreement or
statement (written or oral).

                            [SIGNATURE PAGE FOLLOWS]

                                       17
<PAGE>   18

         IN WITNESS WHEREOF, each of the parties hereto has executed, or has
caused this Agreement to be executed on its behalf by its duly authorized
officer, as of the day and year first above written.

                                    THE CONCOURS GROUP, INC.

                                    By: /s/ DR. RON CHRISTMAN
                                       -----------------------------------
                                       Dr. Ron Christman, its President

                                    THAYER EQUITY INVESTORS IV, L.P.

                                    By: TC Equity Partners IV, L.L.C.
                                    Its General Partner

                                    By:    /s/ ROBERT E. MICHALIK
                                           ---------------------------------
                                    Name:  Robert E. Michalik
                                           ---------------------------------
                                    Title: Vice President
                                           ---------------------------------

                                    THAYER CGI PARTNERS LLC

                                    By:    /s/ ROBERT E. MICHALIK
                                           ---------------------------------
                                    Name:  Robert E. Michalik
                                           ---------------------------------
                                    Title: Vice President
                                           ---------------------------------

<PAGE>   19

<TABLE>
<CAPTION>

                                  SCHEDULE 1.1

                           Initial Closing               Additional Closing
                      --------------------------    ---------------------------
    Investor          Purchase Price      Shares    Purchase Price     Shares
------------------    --------------     -------    --------------    ---------

<S>                      <C>             <C>           <C>            <C>
Thayer Equity
Investors IV, L.P.       $9.697538       206,238       $9.67538       1,305,111

Thayer CGI
Partners LLC                    --            --       $9.67538          35,435
</TABLE>

<PAGE>   20

                                    EXHIBIT A

<PAGE>   21

                                    EXHIBIT B

<PAGE>   22

                                    EXHIBIT C

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