Document:

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                                                                  EXHIBIT 10.2

                          CONSULTING SERVICES AGREEMENT

         This Consulting Services Agreement ("Agreement") is made and entered
into effective as of this 26TH day of July, 2000 by and between META Group, Inc,
a company incorporated under the laws of the State of Delaware, having its
principal offices at 208 Harbor Drive, Stamford, Connecticut 06912 ("META") and
Simmons Associates of Englewood, Colorado, having its principal offices at
1865-R West Union Ave Englewood, CO 80110 ("Consultant")

         WHEREAS META Group is engaged in the business of gathering, analyzing,
and developing market research and technical evaluations regarding computers and
computer software, telecommunications equipment and software and other
electronic information processing equipment technologies, incorporating such
evaluations in publications, and providing to clients related consultations,
opinions and advisory services, and markets subscriptions to its publications
and access to its personnel for consultation relative to the matters which are
the subject of the subscription; and

         WHEREAS Consultant represents that he possesses the background and
technical

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expertise to provide services to META Group Consulting as further
defined below; and

         WHEREAS META Group and the Consultant desire to enter into an Agreement
whereby Consultant shall provide consultation services as defined below.

         NOW THEREFORE, in consideration of the mutual promises and undertakings
of the parties hereinafter set forth, it is agreed as follows:

         CONSULTANT'S OBLIGATIONS. The responsibilities of Consultant include,
         but are not limited to.

                  a)       performing the search and analysis necessary to find
                           and present candidates to Senior META management to
                           replace the current CFO.

                  b)       working with CEO to define organizational
                           deficiencies and propose a revised organization
                           structure.

                  c)       becoming thoroughly knowledgeable of META's policies
                           and procedures and approach to providing consultation
                           to existing clients; and

                  d)       providing regular status reports to the CEO of META
                           and perform additional objectives as defined.

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TERM OF AGREEMENT. The term of this Agreement shall be for a period of not less
than 3 months but in no case shall this agreement extend beyond December 31,
2000. Consultant will be available to provide no less than 12 full (8 hour)
business days of his services, as required.

COMPENSATION. CONSULTANT SHALL RECEIVE A FIXED PAYMENT OF $58,000.00, AS TOTAL
COMPENSATION FOR ALL SERVICES RENDERED TO META GROUP CONSULTING'S PRACTICE UNDER
THIS AGREEMENT. CONSULTANT WILL BE PAID IN ACCORDANCE WITH THE SUBMISSION OF
APPROVED INVOICES.

      1.    Consultant shall be solely responsible for all taxes (including
            employment and social taxes) due to any governmental authorities on
            account of the performance of his obligations under the terms of
            this Agreement. Consultant agrees to save and hold harmless META
            from any claims by any governmental authority on account of such
            taxes.

      2.    Consultant will not be eligible for or receive any medical, life,
            dental or long-term

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            disability insurance, holiday or vacation pay, retirement benefits,
            or any other fringe benefit under programs including stock purchase
            plans, maintained by META Group for its employees.

      3.    The cost and expense of Consultant's activities under this Agreement
            for any facilities, equipment or insurance furnished or maintained
            by him in connection herewith, shall be borne by Consultant, except
            that he will be reimbursed for expenses incurred on behalf of META
            Group in accordance with META Group's policies.

      4.    Consultant shall hold harmless and indemnify META Group from any and
            all liability, cost, damages, expenses and attorneys' fees resulting
            from or attributable to any claims arising out of the use of any
            motor vehicle or any facility or equipment owned or rented by
            Consultant in the course of providing services to META Group
            pursuant to this agreement.

      5.    If Consultant maintains and uses telephone and other facilities and
            equipment (such as reference gooks, office equipment, and supplies,)
            reasonable needed in connection with his consulting services under
            this Agreement, META Group shall reimburse Consultant's expense upon
            presentation and approval of an expense report in accordance with
            Company policy

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      6.    In the performance of this Agreement, Contractor warrants that all
            technical, commercial and other information which is furnished or
            disclosed by META Group (including but not limited to, information
            regarding META Group's organization, personnel, business activities,
            customers, subscribers, policies, assets, finances, costs, sales,
            technology rights, obligations, liabilities and strategies
            (hereinafter "Information")), will be regarded as confidential
            and/or proprietary to META Group and will be treated as such by
            Representative.

                  Consultant will hold this Information in confidence and not
disclose or use, any such Information, and it will treat such Information
with the same degree of care and confidentiality as Consultant accords its
own confidential and proprietary information, provided, however, that
Consultant shall not have any such obligation with respect to Information
which is contained in a publication available to the general public, is or
becomes publicly known through no wrongful act or omission of Consultant, or
is known by Consultant without any proprietary restriction by META Group
prior to the time of receipt of such Information from META Group

                  All such Information furnished to Consultant by META Group,
unless otherwise

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specified in writing, shall remain the property of META Group and, at the
termination of this Agreement shall be returned to META Group, together with
any and all copies made thereof and any notes made therefrom (except for
documents submitted to a governmental agency with the consent of META Group
or upon subpoena and which cannot be retrieved with reasonable effort) In the
case of oral or written Information furnished to Consultant by META Group,
which shall have been reduced to or incorporated in writings by Consultant,
any and all documents of Consultant describing, analyzing or otherwise
containing such Information furnished by META Group shall be destroyed upon
request. Consultant shall confirm in writing to META that he had complied
with any such request

         7. In the event either party commits a material breach of any terms of
this Agreement, the other party shall have the right to terminate this Agreement
upon fifteen (15) calendar days' written notice unless such breach is cured
within such period. The party terminating the Agreement may hold the other party
committing the breach liable for damages

         8. This Agreement constitutes the entire Agreement and understanding
between the parties and shall not be modified, altered, changed or amended in
respect unless in writing and

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signed by both parties. This Agreement supersedes any Agreement heretofore
entered into between the parties hereto.

         9. This Agreement and the rights and obligations hereunder shall be
governed by and construed in accordance with the laws of the State of
Connecticut, United States of America. No waiver by either party at any time
of any breach by the other party or compliance with, any condition or
provision of this Agreement shall be deemed a waiver of similar or dissimilar
provisions or conditions at the same time or any prior or subsequent time

         10. The parties intend to create by this Agreement an independent
contractor relationship, and not an employer-employee relationship.
Consultant shall not be considered an employee of META Group at any time,
under any circumstances, or for any purpose Neither party is the agent of the
other and neither party shall have the right to bind the other by contract or
otherwise, except as herein specifically provided.

         11. ARBITRATION. Any and all disputes involving the interpretation
or claimed breach of this Agreement shall be fully and finally resolved in
arbitration under the Commercial Arbitration

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Rules of the American Arbitration Association. Any claim or arbitration shall
be filed with the American Arbitration Association in Hartford, Connecticut
in accordance with its rules, but no later than 30 days following the alleged
breach or 30 days following knowledge of the alleged dispute. The arbitration
hearing shall be conducted in the Stamford, Connecticut area. The decision
made pursuant to such arbitration shall be binding and conclusive upon all
parties involved, and judgment upon such decision may be entered into any
court of competent jurisdiction.

IN WITNESS WHEREOF, the parties hereto have executed this Agreement this 27th
day of July, 2000

CONSULTANT                                        META Group

/s/ Michael Simmons                               /s/ Dale Kutnick
----------------------------                      ----------------------------Prepared by MERRILL CORPORATION

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THIRD EXTENSION AGREEMENT    
  

    This Third Extension Agreement ("Third Extension") is made and entered into this 27th day of April, 2001, by and among Ballantyne of Omaha, Inc.
("the Borrower"), Design and Manufacturing, Inc., Xenotech Strong, Inc., Strong Westrex, Inc., and Xenotech Rental Corp. (collectively "the Guarantors") and Wells Fargo Bank
Nebraska, National Association, ("the Bank"). 

RECITALS  

    A.  The
Borrower is indebted to the Bank as evidenced by a Revolving Note dated January 5, 2001, in the maximum principal amount of $9,500,000.00, as amended and
modified from time to time ("Revolving Note"). The principal balance outstanding on April 19, 2001, under the Revolving Note was $5,744,698.43; accrued and unpaid interest to that date was
$25,673.10. 

    B.  Payment
of the Revolving Note is secured by, without limitation, all of the Borrower's inventory, equipment, accounts and other rights to payment, and general
intangibles as more specifically described in the Security Agreement dated August 30, 1995 ("Security Agreement"). 

    C.  Payment
of the Revolving Note is also secured by, without limitation, a Deed of Trust dated August 30, 1995, and filed for record with the Douglas County
Register of Deeds on August 31, 1995, as Document No. 13536, encumbering certain real property as more specifically described therein, as the same may have been amended or modified
("Deed of Trust"). 

    D.  Payment
of the Revolving Note is also secured by, without limitation, an Assignment of Leases and Rent dated August 30, 1995, and filed for record with the
Douglas County Register of Deeds on August 31, 1995, as Document No. 9508, encumbering certain real property as more specifically described therein, as the same may have been amended or
modified ("Assignment"). 

    E.  Payment
of the Revolving Note is guaranteed by Design and Manufacturing, Inc., Xenotech Strong, Inc., Strong Westrex, Inc., and Xenotech Rental
Corp. by their corporate guaranties dated December 1, 1998 (collectively "the Guaranties"). The Guaranties are secured by each respective Guarantor's accounts, inventory, equipment, and general
intangibles as more specifically described in their security agreements dated August 30, 1995 and December 1, 1998. 

    F.  The
Borrower and Guarantors executed a Loan Repayment Agreement dated December 29, 2000, an Extension Agreement dated January 31, 2001, and a Second
Extension Agreement dated March 15, 2001, which set forth additional terms and conditions with regard to the above described indebtedness (collectively "the Agreement"). Terms not otherwise
defined in this Third Extension shall have the same meanings ascribed to them in the Agreement. 

    G.  The
Revolving Note again matured April 30, 2001, and the Borrower and Guarantors have requested that the Bank extend the Revolving Note in order for the
Borrower to conclude its efforts to refinance the loan, which the Bank has agreed to do pursuant to the terms and conditions of this Third Extension. 

    NOW, THEREFORE, in consideration of the foregoing and for good and valuable consideration, the receipt and sufficiency of which is
hereby acknowledged, the parties agree as follows: 

    1.  ACKNOWLEDGMENT.  The Borrower and the Guarantors acknowledge and agree that
the recitals herein are true and correct and that the indebtedness under the Revolving Note is due and owing to the Bank without offset, defense or counterclaims and further acknowledge that the
Security Agreement, Deed of Trust, Assignment and other documents evidencing the security for the Revolving Note are valid, binding and fully enforceable according to their terms; and further
acknowledge that the Guaranties and security agreements therefor are valid and binding and fully enforceable according to their terms. 

    2.  EXTENSION OF REVOLVING NOTE.  Subject to the other terms and conditions of
this Third Extension, and subject to all terms and conditions of the Agreement, as amended herein, the indebtedness evidenced by the Revolving Note shall be extended to June 30, 2001. The
Borrower shall execute herewith an appropriate Note Modification document reflecting the extended maturity date. 

    3.  ADDITIONAL AMENDMENT TO AGREEMENT.  Section 2.2 of the Agreement is
hereby amended to reduce the "Credit Limit" to the lessor of: the Borrowing Base or $6,500,000; and to redefine the "Borrowing Base" as follows: "The 'Borrowing Base' shall, at any time, equal the sum
of the Acceptable Accounts Receivable plus $2,000,000.00." In addition, in the event the Borrower receives an income tax refund for fiscal year 2000, said sums shall be immediately applied to the
outstanding indebtedness under the 

 

Revolving Note, and the maximum Credit Limit available (currently $6,500,000.00) will be reduced in a like amount. 

    4.  COLLATERAL SECURITY AND GUARANTIES.  Payment of the Revolving Note and
performance of the Borrower's obligations as set forth in this Third Extension and in the Agreement shall continue to be secured by the Security Agreement, Deed of Trust and Assignment. The Guarantors
also reaffirm their guaranties of the Revolving Note and acknowledge and agree that their guaranties apply to the Revolving Note as extended and all other obligations of the Borrower to the Bank. 

    5.  CONDITIONS PRECEDENT.  The Bank's performance hereunder is subject to
delivery to the Bank of each of the following as conditions precedent: 

    5.1 Duly
executed Note Modification; 

    5.2 A
certified copy of the resolutions of the Borrower's Board of Directors authorizing the execution, delivery and performance of this Third Extension and any other
document to be delivered pursuant hereto; 

    5.3 A
certificate of the Borrower's corporate secretary as to the incumbency and signature of the authorizing officers signing this Third Extension and any other
document to be delivered pursuant hereto; and 

    5.4 Copies
of any commitment letters, term sheets, applications, correspondence or other documents relating to the Borrower's efforts to obtain refinancing for the
Revolving Note. 

    5.5 Prior
to June 15, 2001, a signed commitment letter (in form acceptable to the Bank) for the refinancing of all the outstanding indebtedness prior to June 30,
2001, from a reputable commercial lending company. 

    6.  REPRESENTATIONS AND WARRANTIES.  To induce the Bank to enter into this Third
Extension, the Borrower represents and warrants to the Bank as follows: 

    6.1 The
Borrower is a corporation duly organized, existing and in good standing under the laws of the State of Delaware and is duly qualified to do business and is in
good standing in each jurisdiction where registration is necessary. 

    6.2 This
Third Extension and the documents to be delivered pursuant hereto are valid and binding in accordance with their terms and the execution, delivery and
performance of this Third Extension and the issuance of the security agreements and other instruments granting to Bank its security interest are within the corporate powers of the Borrower, have been
duly authorized, and are not in contravention of law or the terms of its articles of incorporation or bylaws, or of any undertaking to which the Borrower is a party or by which it is bound. 

    6.3 The
Borrower has made no loans or transferred no interest in any property or asset to any person, except in the ordinary course of business. 

    6.4 No
consent, approval, or authorization of or declaration or filing with any governmental authority on the part of the Borrower is required in connection with the
execution and delivery of this Third Extension or the consummation of any transaction contemplated hereby. 

    6.5 The
Borrower has not incurred or assumed indebtedness contingently or otherwise, except: (i) unsecured debt in the ordinary course of business;
(ii) indebtedness arising under the Agreement; and (iii) indebtedness disclosed to the Bank in writing as existing at the time of execution of this Third Extension. 

    6.6 The
assets of the Borrower are not subject to any lien or encumbrance except as permitted hereunder and as disclosed to the Bank in writing as existing at the time
of execution of this Third Extension. 

    6.7 The
Borrower has filed all Federal, state and local tax returns and other reports that are required by law to be filed prior to the date hereof and has paid or has
caused to be paid all taxes, assessments and other governmental charges that are due and payable prior to the date hereof and has made adequate provision for the payment of such taxes, assessments or
other charges accruing but not yet payable. 

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    6.8 All employee (union and non-union) compensation, health, welfare, deferred compensation or other benefits which have accrued or became payable prior to the date of
this Third Extension have been paid in full and will, during the term of this Third Extension, be fully paid as and when such obligations become due. 

    7.  RELEASE.  In consideration of the accommodations by the Bank hereunder, the
Borrower and the Guarantors do hereby, on behalf of themselves, their agents, insurers, heirs, successors and assigns, release, acquit and forever discharge the Bank and Wells Fargo & Company,
(and any and all of their parent corporations, subsidiary corporations, affiliated corporations, insurers, indemnitors, successors and assigns, together with all of their present and former directors,
officers, agents and employees) from any and all claims, demands or causes of action of any kind, nature or description whether arising in law or equity or upon contract or tort or under any state or
federal law or otherwise, which the Borrower or the Guarantors have had, now have or have made claim to have against any such party for or by reason of any act, omission, matter, cause or thing
whatsoever from the beginning of time to and including the date of this Third Extension, whether such claims, demands and causes of action are matured or unmatured or known or unknown. 

    8.  EVENTS OF DEFAULT.  The following shall constitute events of default under
this Extension("Event of Default"): 

    8.1 Failure
to pay interest, principal or other amounts payable on the Revolving Note no later than five days after such payments become due; or 

    8.2 Any
event of default as defined in the Revolving Note, Agreement, Security Agreement, Guaranties, Deeds of Trust, Assignment, or any other documents or agreements
between the Bank and the Borrower or Bank and the Guarantors; or 

    8.3 Breach
or violation of any covenant or agreement of the Borrower or the Guarantors set forth herein; or 

    8.4 Default
by the Borrower relating to any other indebtedness for borrowed money or the effect of which default is to permit the holder of such indebtedness to declare
the same due prior to the date fixed for its payment under the terms thereof; or 

    8.5 Any
representation or warranty made by the Borrower or the Guarantors in this Third Extension or by the Borrower or the Guarantors in any statement, certificate or
instrument contemplated by or made pursuant to or in connection with this Third Extension shall have been untrue or incorrect when made; or 

    8.6 The
Borrower or the Guarantors become insolvent; make an assignment for the benefit of creditors; a custodian, trustee or receiver is appointed for the Borrower or
the Guarantors, or for any of their properties; or bankruptcy, reorganization or liquidation proceedings are instituted by or against the Borrower or the Guarantors and, if instituted against any of
them, are consented to by them or remain undismissed for thirty (30) days; 

    8.7 The
occurrence of any litigation or governmental proceeding which is pending or threatened against the Borrower or the Guarantors which could have a material
adverse effect on the Borrower's or the Guarantors' financial condition or business, and which is not remedied within a reasonable period of time, not to exceed 10 days after notice thereof to
the Borrower or the Guarantors; or 

    8.8 An
execution, levy, garnishment summons or attachment order against the Borrower or the Guarantors is served upon Bank. 

    9.  REMEDIES.  Upon the occurrence of any Event of Default or at any time
thereafter, the Bank or the holder of the Revolving Note may declare the Note to be due and payable, and the Note shall immediately become due and payable, and Bank shall be entitled to the immediate
exercise of all its rights and remedies available to it under the Revolving Note, Security Agreement, Guaranties, Deeds of Trust, Assignment, and all other documents and agreements between the
parties. 

    10.  MISCELLANEOUS.  

    10.1 The
provisions of this Third Extension shall be in addition to those of any guaranties, deeds of trust, assignments, pledges, security agreements, note or other
evidence of liability held by the Bank and 

3

 

executed by the Borrower or the Guarantors, all of which shall be construed as complementary to each other. Nothing herein contained shall prevent the Bank from enforcing any or all other guaranties,
deeds of trust, assignments, pledges, security agreements, note or other evidence of liability in accordance with their respective terms. 

    10.2 The
Bank shall have the right at all times to enforce the provisions of this Third Extension and the collateral documents in strict accordance with the terms
hereof and thereof, notwithstanding any conduct or custom on the part of the Bank in refraining from so doing at any time or times. The failure of the Bank at any time or times to enforce its rights
under such provisions, strictly in accordance with the same, shall not be construed as having created a custom, conduct or course of dealing in any way or manner contrary to specific provisions of
this Third Extension or as having in any way or manner modified or waived the same. All rights and remedies of the Bank are cumulative and concurrent and the exercise of one right or remedy shall not
be deemed a waiver or release of any other right or remedy. 

    10.3 This
Third Extension shall inure to the benefit of, and shall be binding upon, the respective successors and permitted assigns of the parties hereto. The Borrower
and the Guarantors have no right to assign any of its rights or obligations hereunder without the prior written consent of the Bank. This Third Extension, and the documents referred to herein or
executed and delivered pursuant hereto, constitute the entire agreement between the parties, and may be amended only by a writing signed on behalf of each party. There are no promises, inducements or
terms and conditions other than as specifically set forth herein. 

    10.4 If
any provision of this Third Extension shall be held invalid under any applicable laws, such invalidity shall not affect any other provision of this Third
Extension that can be given effect without the invalid provision, and, to this end, the provisions hereof are severable. 

    10.5 No
failure of the Bank, or of the holder of the Revolving Note, in exercising any right, power or privilege hereunder shall affect such right, power or privilege,
nor shall any single or partial exercise thereof preclude any further exercise thereof or the exercise of any other right, power or privilege. The rights and remedies of the Bank or the holder of the
Revolving Note or other evidence of liability under this Third Extension are cumulative and not exclusive of any rights and remedies which it may otherwise have. 

    10.6 This
Third Extension may be executed in any number of counterparts, each of which shall be deemed to be an original, but all of which together shall constitute but
one and the same instrument. 

    10.7 If
any provision contained in this Third Extension is inconsistent with any provision of any of the documents described herein or any other document in favor of
the Bank, the provision contained in this Third Extension shall supersede such inconsistent provision in the document described herein or any document in favor of the Bank. 

    10.8 The
substantive laws of the State of Nebraska shall govern the construction of this Third Extension and the rights and remedies of the parties hereto. 

    11.  FEES AND EXPENSES.  Upon execution of this Third Extension, the Borrower
shall pay to the Bank an extension fee of $10,000.00, which shall be deemed fully earned and not applied to the outstanding indebtedness under the Revolving Note. In addition the Borrower agrees,
within 10 days of invoice, to pay to the Bank all expenses including, but not limited to, (i) the reasonable fees and expenses of legal counsel for the Bank, incurred in connection with the
preparation, administration, amendment, modification or enforcement of this Third Extension and the collateral documents and the collection or attempted collection of the indebtedness;
(ii) expenses of obtaining a title insurance policy for the Deed of Trust in the amount of $13,105.00; and (iii) expenses of future collateral audits conducted by the Bank at the Bank's
customary rates. 

    12.  ADVICE OF COUNSEL.  The Borrower and the Guarantors acknowledge that they
have reviewed this Third Extension in its entirety, having consulted such legal, tax or other advisors as they deem appropriate and understand and agree to each of the provisions of this Third
Extension and further acknowledge that they have entered into this Third Extension voluntarily. 

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    IN WITNESS WHEREOF, the parties hereto have duly executed this Third Extension as of the day and year first above written. 

	BALLANTYNE OF OMAHA, INC.	 	WELLS FARGO BANK NEBRASKA,

  NATIONAL ASSOCIATION
	

By:	
 	

/s/ JOHN WILMERS   
	
 	

By:	
 	

/s/ JERRY LUNDGREN   

	Its:	 	President
	 	Its:	 	Vice President

	

 	
 	

And	
 	

 	
 	

 
	

By:	
 	

/s/ BRAD FRENCH   
	
 	

 	
 	

 
	Its:	 	CFO
	 	 	 	 
	

DESIGN AND MANUFACTURING, INC.	
 	

STRONG WESTREX, INC
	

By:	
 	

/s/ JOHN WILMERS   
	
 	

By:	
 	

/s/ JOHN WILMERS   

	Its:	 	Chairman
	 	Its:	 	President

	

XENOTECH STRONG, INC.	
 	

XENOTECH RENTAL CORP.
	

By:	
 	

/s/ JOHN WILMERS   
	
 	

By:	
 	

/s/ JOHN WILMERS   

	Its:	 	President
	 	Its:	 	President

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THIRD EXTENSION AGREEMENT

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