Document:

Asset Purchase Agreement

ASSET
PURCHASE AGREEMENT

        This
Asset Purchase Agreement (this “Agreement”) is entered into this 31st
day of August, 2001 by and between AlphaNet Solutions, Inc., a New Jersey
corporation (“Purchaser”), and Computer Horizons Corp, a New York
Corporation (“Seller”). 

BACKGROUND

        WHEREAS,
Seller is engaged in the business, among others, of professional training and
education of persons in the computer technology services industry (excluding the
WebSphere and non-certified training, and any related materials, books, records,
contracts or information ) (the “Training Business”); 

        WHEREAS,
based upon the representations, covenants, agreements and warranties herein made
by Seller and subject to the terms and conditions contained in this Agreement,
Purchaser wishes to purchase and acquire substantially all of the assets and
business, but none of the liabilities, of Seller’s Training Business and to
continue to operate the Training Business; 

        WHEREAS,
based upon the representations, covenants, agreements and warranties herein made
by Purchaser, and subject to the terms and conditions contained in this
Agreement, Seller wishes to sell, transfer, convey, assign and deliver to
Purchaser the Training Business and substantially all of Seller’s assets,
but none of the liabilities, connected solely to the Training Business, and 

        WHEREAS,
Seller and Purchaser wish to provide for the foregoing transactions. 

        NOW,
THEREFORE, in consideration of the foregoing and the mutual promises and
covenants set forth below, the parties hereto hereby agree as follows: 

        
1.     Assets

     
   1.1
     Assets to be Sold.  Subject to the terms and conditions set
forth in this Agreement, at the Closing (as defined in Section 6.1 hereof)
Seller shall sell, transfer, convey, assign and deliver to Purchaser, and
Purchaser shall purchase and acquire from Seller, all of Seller’s right,
title and interest in and to Seller’s assets (wherever located, tangible
and intangible, real, personal or mixed, whether known or unknown and whether or
not carried on the books and records of Seller) that are solely used in the
Training Business, and the Training Business (and the goodwill associated
therewith) as a going concern (the “Assets”), including, but not
limited to, the following, but excluding the Excluded Assets (as defined in
Section 1.3 hereof) and excluding any liabilities associated with the Assets,
including, without limitation, any employment or severance
contracts/arrangements, buy and sell agreements, real estate or equipment
finance leases, mortgages, secured or unsecured indebtedness, all tax
liabilities, ongoing utility and maintenance expenses, vacation liabilities and
any other amounts accrued to the benefit of Seller’s employees
(hereinafter, the “Liabilities”), for all of which Liabilities Seller
shall remain solely and exclusively responsible: 

      
  
            (a)  all of Seller's  rights under all contracts,  agreements,  arrangements,  commitments,  instruments  and
understandings ("Contracts") to which Seller is a party which relate solely to the
 Training Business;

        
            (b)  all of  Seller's
records,  files,  books,  documents  as they  pertain to the  Training  Business, the current ICM Education 800
number, the current ICM Education web site and, to the extent legally possible,
all related manufacturer/vendor certifications and authorizations and other data
relating solely to the Training Business; 

        
            (c)  all of Seller's
confidential data as it relates solely to the Training Business;

        
            (d)  all municipal,
state and federal franchises, permits, licenses and authorizations held or used by Seller as they relate
 solely to the Training Business;

      
              (e)  all of Seller's  copyrights,  trademarks,  service  marks,  trade names,  domain names and URLS
related to the Training
Business, it being understood and agreed that Seller shall, at Seller’s
sole expense, execute all such documents and take all such actions as are
necessary or appropriate to effectuate the assignment to Purchaser of all of
Seller’s rights, title and interests (hereinafter, “Intellectual
Property Rights”) in and to the aforementioned. 

        
1.2     
Other Included Assets:

        
            (a)  Seller
shall  provide  the  services  of Jeffrey  Bryson for a  transition  period of two weeks  after
closing.

        
            (b)  In the event
  Purchaser  requires  space in  Seller's  facilities,  Seller  shall  provide,  at a total
rental rate of $5,345 per
month, two classrooms --Training #1 (#159) and Training #2 (#160) --, a
conference room (#189), one cubicle, one storage room, one client telephone room
and a small lunch room (#151) at the CHC ICM facility in Princeton, NJ, and, if
available, a third classroom, at a rental rate of $200 per day on an as needed
basis. Upon expiration of the lease for the Princeton facility, the parties
agree that if Seller renews the lease, and there is a rent increase, Buyer
agrees to pay the pro-rated share of any rent increase. As part of the rental
arrangement in Princeton, Seller shall make available to Purchaser space for one
administrative person, secure storage, and use as needed of a conference room,
and at the CHC Solutions Center in East Hanover, as available Seller shall
provide at a rental rate of $200 per day use of one classroom and of the common
areas. All rental arrangements described in this paragraph shall be a
month-to-month basis. 

        
            (c)  On the  condition  that  Purchaser  achieves  at least one million  dollars in sales for private  classes
(documentation of revenue
received to be provided to Seller on a quarterly basis post-closing) and makes
the payment to Seller as set out in 2.2 below, Seller shall provide $30,000 to
Purchaser to be used exclusively as “stay bonuses” to Charles James
LaRusso, Kathi Harvey and Christine Boyer, provided that these designated
eligible persons remain employed by Purchaser for one year from the date of the
Closing and that any such monies paid to Purchaser by Seller under this
provision are actually paid to those individuals. 

        
            (d)  Seller  shall  provide  Purchaser  at a
cost to be agreed on by the  parties,  with all course  materials
and classroom training equipment being used in the Training Business as of the Closing Date.

        
1.3     
Excluded Assets.  Notwithstanding the terms of Section
2.0(a) hereof, the Seller shall not sell, convey, assign, transfer or deliver to
the Purchaser, and the Purchaser shall not purchase, and the Assets shall not
include, the Seller’s right, title and interest in and to any assets of the
Seller that are not solely used in the Training Business, including, but not
limited to, the following (the “Excluded Assets”): 

        
            (a)  The WebSphere Training Program;

      
  (b)  
Non – Certified Training, except that those opportunities for non-certified
desktop training which are secured by Seller post-closing shall be referred to
Purchaser, and Seller shall receive a commission pursuant to a letter agreement
which shall be developed on a case-by-case basis as needed when opportunities
arise. 

        
2.     Consideration.

        
2.1     
Closing Payment.  As the total consideration for the Assets
to be sold by Seller to Purchaser pursuant hereto at the Closing, Purchaser
shall pay to Seller, by wire transfer of immediately available funds to an
account designated by Seller, $500,000 (the “Purchase Price”). 

        
2.2     Post Closing Payment.  For one year from the date of  closing,
  Purchaser  shall pay to Seller 10% of its sales of private classes to
the named clients on Schedule 2.2 hereto from whom Seller was receiving private
class revenue prior to the Closing Date. 

        
2.3     Adjustments for Prepaid  Training.  Purchaser may deduct
from amounts owing to Seller pursuant to paragraphs 2.1 and 2.2 above and/or
Seller shall remit to Purchaser immediately on demand any amounts which clients
have prepaid to Seller for classes or other training furnished or to be
furnished by Purchaser, it being understood and agreed that, except as provided
in this paragraph 2.3, Purchaser is not acquiring receivables from Seller, and
all receivables owing to Seller prior to the Closing Date shall be remitted to
Seller and all receivables owing on account of the Training Business on or after
the Closing Date shall be remitted to Purchaser. In furtherance of the
foregoing, Seller shall provide Purchaser on or before the Closing Date with a
complete list of all prepaid training and related amounts. 

        
3.     Representations and Warranties of Seller.  Seller represents and warrants to
 Purchaser as follows:

        
3.1.     Corporate Organization.  Seller is a corporation duly
organized, validly existing and in good standing under the laws of the State of
New York, and has the requisite corporate power and authority to own, lease or
otherwise hold the assets owned, leased and held by it and to carry on the
Business as currently conducted by it. Seller is duly qualified to conduct
business as a foreign corporation in the states listed on Schedule 3.1 hereto. 

        
3.2     Subsidiaries.  Except as set forth on Schedule  3.2 hereto,
  Seller does not  directly or  indirectly  own
any capital stock or other interest in any entity.

        
3.3     
Authorization and Effect of Agreement.  Seller has the
requisite corporate power to execute and deliver this Agreement and to perform
the transactions contemplated hereby to be performed by Seller. The execution
and delivery by Seller of this Agreement and the performance by Seller of the
transactions contemplated hereby to be performed by Seller have been duly
authorized by all necessary corporate action on the part of the Seller. This
Agreement has been duly executed and delivered by Seller and, assuming the due
execution and delivery of this Agreement by Purchaser, constitutes a valid and
binding obligation of Seller, enforceable in accordance with its terms. 

        
3.4     
Absence of Conflicts.  The execution and delivery of this
Agreement by Seller does not, and the performance by Seller of the transactions
contemplated hereby to be performed by it will not, conflict with, or result in
any violation of, or constitute a default (with or without notice or lapse of
time, or both) under, or give rise to a right of termination, cancellation or
acceleration of any obligation or loss of a material benefit under, (i) any
provision of the Certificate of Incorporation or Bylaws of Seller or any
Contract set forth on Schedule 3.12 hereto,(ii) any license, permit or approval
(“Permit”) of any domestic or foreign court, government, governmental
agency, authority or instrumentality (“Governmental Authority”), (iii)
any domestic or foreign statute, law, ordinance, rule, regulation, order or
common law obligation (“Law”) of any Governmental Authority issued or
applicable to Seller or to any of its properties or assets, other than any such
conflicts, violations or defaults which would not have a material adverse effect
upon the business, financial condition or results of operations of Seller or the
Business ( a “Material Adverse Effect”). No consent, approval, order
or authorization of, or registration, declaration or filing with, any
Governmental Authority is required to be obtained or made by or with respect to
Seller in connection with the execution and delivery of this Agreement by Seller
or the performance by Seller of the transactions contemplated hereby to be
performed by it. 

        
3.5     Statement of Profit and Loss and Related Matters.  (a)  Set
forth on Schedule 3.5(a) hereto is a statement of Profit and Loss pertaining to
the Training Business as of July 31, 2001 (the “P&L”). The P&L
was prepared in accordance with generally accepted accounting principles and
presents fairly, in all material respects, the results of operations of the
Training Business as of such date. 

        
       (b)  Except as set forth on Schedule  3.5(b) hereto,  and except for such  transactions  as are provided
for in this Agreement,
since July 31, 2001, Seller has conducted its business in the ordinary course
and there has been no material adverse change in the business, financial
position or results of operations of Seller. 

        
3.6     Compliance With Laws.  The Training  Business
is not being  operated in violation of any  applicable Law of
any Governmental Authority or in violation of any Permit or other specific authorization issued
by a Governmental Authority to Seller.

        
3.7     
Legal Proceedings.  Except as set forth on Schedule 3.7
hereto, there are no lawsuits or other legal proceedings pending against Seller
or otherwise relating to the conduct of the Business or, to the knowledge of
Seller, threatened in writing against Seller. 

        3.8     
Assets.  (a)  Seller owns all assets being sold in this  transaction  free and clear of all liens,  claims or
encumbrances of any nature whatsoever.

        
     (b)  Seller  has good and  marketable  title  to or,  in the case of  leases  and  licenses,  valid  and
subsisting leasehold
interests or licenses in, all of its material properties and assets, including
without limitation all property reflected on the Balance Sheet. 

        
     (c)  Seller does not own any real  property;  however,  the provision to Purchaser of the space required
to made available to
Purchaser in Purchaser’s Princeton and East Hanover, NJ facilities pursuant
to paragraph 1.2 (b) hereof will not contravene the terms of any leases by which
Seller is bound. Set forth on Schedule 3.8(c) hereto is a complete and correct
list of all material real property (including buildings and structures) leased
by Seller (including a brief description of the property and the name of the
lessors). 

        
3.9     
Intellectual Property.   Except as set forth on Schedule 3.9
hereto, Seller owns or possesses the right to use all trademarks, trade names,
service marks, registered copyrights and applications therefor (collectively,
“Intellectual Property Rights”) used in the Business. Except as set
forth on Schedule 3.9 hereto, there has been no claim against Seller asserting a
material conflict with the Intellectual Property Rights of others in connection
with the conduct of the Business. Seller hereby agrees to defend, indemnify and
hold harmless Purchaser from and against any claims of infringement disclosed on
the said Schedule 3.9. 

        
3.10     
Material Contracts.  Except as set forth on Schedule 3.10
hereto, Seller is not a party to any written (i) contract of employment, (ii)
contract with any labor union, (iii) single contract for the purchase by Seller
of goods or services in excess of $50,000 (iv) lease as lessee of, or other
contract for the use of any real or personal property having in any individual
case annual rental or payment obligations of Seller in excess of $50,000, (v)
conditional sale agreement, chattel mortgage or other security agreement in
excess of $50,000 in any one case, (vi) contract for the production, supply or
servicing by Seller of any type of goods, parts or components, or for the
provision by Seller of services of any type, involving more than $50,000 in any
one case, (vii) lease of any real or personal property as lessor, or (viii)
agreement or indenture relating to the borrowing of money, or material licenses,
whether as licensee or licensor. Except as set forth on Schedule 3.10(a) hereto
(i) Seller has (and to the knowledge of Seller, the other parties thereto
have) complied in all material respects with the contracts, leases, agreements,
mortgages and the like listed on Schedule 3.10(a) hereto (the “Scheduled
Contracts”) all of which, to the knowledge of Seller, are valid and
enforceable and (ii) the Scheduled Contracts are in full force and effect and
there exists no event or condition known to Seller which with or without notice
or lapse of time would be a material default thereunder, give rise to a right to
accelerate or terminate any provision thereof or give rise to any Lien on any
material Assets, it being acknowledged by the parties hereto that contracts with
the U.S. government may be terminated by it for its convenience. 

        
3.11     Employee  Relations.  Except as set forth on Schedule  3.11 hereto,  there are no material  organized  labor
controversies pending or, to the knowledge of Seller, threatened against Seller.

        
3.12     
Employee Plans.  (a)  For purposes of this Agreement, the
term “Employee Plan” means such employee benefit plans as defined in
Section 3(3) of the Employee Retirement Income Security Act of 1974, as amended
(“ERISA”), maintained by Seller or to which Seller is a participating
employer or is otherwise obligated to contribute and under which any person
employed by Seller (an “Employee”) or formerly employed by Seller or
predecessors (a “Former Employee”) participates or has accrued any
rights or under which Seller is liable in respect of an Employee or Former
Employee. Set forth on Schedule 3.12 hereto are lists of all Employee Plans and
other employee benefit plans. 

        
     (b)  Each Employee Plan has been  maintained in all material  respects in accordance  with its terms and
with applicable Law.

        
3.13     
Taxes.   Except as set forth on Schedule 3.13(a) hereto, all
tax returns and reports which are required to be filed (subject to any
extensions appropriately obtained) by or on behalf of Seller have been duly
filed or caused to be filed with the appropriate Governmental Authorities.
Except as set forth on Schedule 3.13(b) hereto, payment has been made or
provided for as to all federal, state and local taxes, interest, penalties,
assessments or deficiencies of Seller shown to be due on such tax returns and
reports or proposed or assessed as due by any such Governmental Authority.
Except as set forth on Schedule 3.13(a) hereto, there are no outstanding waivers
or extensions of time with respect to the assessment or audit of any tax or tax
return of Seller, or claims now pending or matters under discussion with any
taxing authority in respect of any tax of Seller. Seller shall assume full and
sole responsibility for all tax audits concerning transactions occurring prior
to the Closing Date. 

        
3.14     Customer Contracts.  Seller has
provided  and  assigned to Purchaser  all  contracts  and purchase  orders
entered into by Seller with
Training Business customers as of the date hereof and will provide and assign to
Purchaser any additional contracts and purchase orders entered into by Seller
with Training Business customers on or prior to the Closing Date. 

        
4.     Representations and Warranties of Purchaser.  
Purchaser represents and warrants to Seller as follows:

        4.1
Corporate Organization.  Purchaser is a corporation duly
organized, validly existing and in good standing under the laws of the State of
New Jersey and has the requisite corporate power and authority to own, lease or
otherwise hold the assets owned, leased or held by it and to carry on its
business as currently conducted. 

        4.2
Authorization and Effect of Agreement.  Purchaser has the
requisite corporate power and authority to execute and deliver this Agreement
and to perform the transactions contemplated hereby to be performed by it. The
execution and delivery by Purchaser of this Agreement and the performance by it
of the transactions contemplated hereby to be performed by it have been duly
authorized by all necessary corporate action on the part of Purchaser. This
Agreement and each of the other documents and instruments contemplated hereby
have been duly executed and delivered by Purchaser and, assuming the due
execution and delivery of this Agreement by Seller, constitutes a valid and
binding obligation of Purchaser, enforceable in accordance with its terms. 

        4.3
No Restrictions Against Purchase of the Assets.  The
execution and delivery of this Agreement by Purchaser does not, and the
performance by Purchaser of the transactions contemplated hereby to be performed
by it will not, conflict with, or result in any violation of, or constitute a
default (with or without notice or lapse of time, or both) under, or give rise
to a right of termination, cancellation or acceleration of any obligation or to
loss of a material benefit under, (i) any provision of the Certificate of
Incorporation or Bylaws of Purchaser, or (ii) any contract, Permit or Law issued
or applicable to Purchaser. No material consent, approval, order or
authorization of, or registration, declaration or filing with, any Governmental
Authority is required to be obtained or made by or with respect to Purchaser in
connection with the execution and delivery of this Agreement by it or the
performance by it of the transactions contemplated hereby to be performed by it. 

        
4.4     Financial Resources.  Purchaser has the cash on hand and/or available credit with which to pay the Purchase
Price.

        
5.     Closing.

        
5.1     
Date of Closing.  (a)   The closing of the transactions contemplated
hereby (the “Closing”) shall take place at 10:00 a.m. local time at
the offices of Purchaser on the first business day following the fulfillment or
waiver of the conditions precedent set forth in Sections 7 and 8 hereof or at
such other time and place as the parties hereto may mutually agree, but in no
event shall the Closing be later than August 31, 2001. The date on which the
Closing occurs is hereinafter referred to as the “Closing Date.” The
following transactions shall take place at the Closing, all of which shall be
deemed to have occurred simultaneously and none of which shall be deemed
completed unless and until all of them shall have been completed (or waived in
writing by the parties entitled to performance): 

        
     (b)  At the Closing, Seller shall deliver to Purchaser the following:

        
          (i)   such assignments or other instruments of transfer and assignment,  in form and substance reasonably
satisfactory to Purchaser, as are effective to vest in Purchaser title to the Assets (including the Intellectual Property Rights); and

        
          (ii)   a  certificate
of the  chief  executive  officer  of  Seller,  in form  and  substance  reasonably
satisfactory to Purchaser,
certifying Seller’s Certificate of Incorporation and By-laws, its valid
existence and good standing in New York, the incumbency of officers or others
acting in a representative capacity, and the due authorization of the
transactions contemplated hereby. 

        
     (c)     At the Closing, Purchaser shall deliver to Seller the following:

        
          
(i)   the Purchase Price provided for in Section 3.1(a) hereof.

        
6.0     
Conditions to Obligations of Purchaser.  The obligations of
Purchaser to consummate the transactions contemplated by this Agreement are
subject to the following conditions, except to the extent waived by Purchaser in
writing at the Closing: 

        
6.1     
Accuracy of Representations and Compliance with Conditions.  All
representations and warranties of Seller contained in this Agreement shall be
accurate in all material respects as of the Closing with the same effect as if
made on and as of such date. As of the Closing, Seller shall have performed and
complied in all material respects with all covenants and agreements and
satisfied all conditions required to be performed and complied with by it at or
before such time. 

        
6.2     Seller's  Deliveries.  Seller shall
have  delivered to Purchaser the  documents set forth in Section  5.1(b) hereof.

       
 6.3     
Legal Action.  There shall not have been instituted or threatened
any legal proceeding (a) relating to, or seeking to prohibit or otherwise
challenge this Agreement or the consummation of the transactions contemplated by
this Agreement, or seeking to obtain substantial damages with respect thereto,
or (b) which Purchaser shall reasonably determine could have a material adverse
effect on Purchaser’s business or the Training Business. 

        
6.4     
No Governmental Action.  There shall not have been any action
taken, or any law, rule, regulation, order, judgment, or decree proposed,
promulgated, enacted, entered, enforced, or deemed applicable to the
transactions contemplated by this Agreement, by any federal, state, local, or
other governmental authority or by any court or other tribunal, including the
entry of a preliminary or permanent injunction, which, in the reasonable
judgment of Purchaser: (a) makes any of the transactions contemplated by this
Agreement illegal or (b) imposes material limitations on the ability of
Purchaser to operate the Business or to exercise full rights of ownership of the
Assets. 

        
6.5     Execution of Employment  and Related  Agreements.  
Charles James  Larusso,  Kathi Harvey and, at Purchaser's
sole discretion, Christine
Boyer, shall have entered into employment, confidentiality, non-compete and
non-solicitation agreements with Purchaser in form and substance satisfactory to
Purchaser. 

        
6.6     Terry  Turner-James  Lawsuit.  Seller  shall  fully  defend,
  indemnify  and  hold  harmless  Purchaser,  its
shareholders, directors,
officers, employees, agents and assigns promptly upon demand and from time to
time, from and against any liability whatsoever in respect of the racial, gender
and age discrimination lawsuit filed by Terry Turner-James against ICM in New
Jersey Superior Court (Essex County, Docket Number ESX-L-6139-99) and shall
promptly and fully reimburse Purchaser for any costs incurred by Purchaser,
including, without limitation, attorneys fees, in connection therewith. Seller
represents and warrants to Purchaser that Seller’s financial position is
adequate to satisfy its obligations to Purchaser under this paragraph 6.6. 

        
6.7     
Other Closing Documents.  Seller shall have delivered to Purchaser,
at or prior to the Closing, such other documents as Purchaser may reasonably
request to carry out the provisions of and the transactions contemplated by this
Agreement in form and substance reasonably satisfactory to Purchaser. 

        7.0
Conditions to the Obligations of Seller.  The obligations of Seller
under this Agreement are subject to the following conditions (unless waived by
Seller in writing at the Closing): 

        7.1
Accuracy of Representations and Compliance with Conditions.  All
representations and warranties of Purchaser contained in this Agreement shall be
accurate in all material respects as of the Closing Date with the same effect as
if made on and as of such date. As of the Closing, Purchaser shall have
performed and complied in all material respects with all covenants and
agreements and satisfied all conditions required to be performed and complied
with by Purchaser at or before such time. 

        
7.2     Purchaser's  Deliveries.  Purchaser  shall
have  delivered  to Seller  the funds  referenced  in Section  5.1(c) hereof.

        
7.3     
Legal Action.  There shall not have been instituted or threatened
any legal proceeding (a) relating to, or seeking to prohibit or otherwise
challenge this Agreement or the consummation of the transactions contemplated by
this Agreement, or to obtain substantial damages with respect thereto, or (b)
which Seller shall reasonably determine could have a material adverse effect on
the business, assets, liabilities, condition (financial or otherwise) or
prospects of Purchaser (without giving effect to the transactions contemplated
hereby). 

      
  7.4     
No Governmental or Legal Action.  There shall not have been any
action taken, or any law, rule, regulation, order, judgment, or decree proposed,
promulgated, enacted, entered, enforced, or deemed applicable to the
transactions contemplated by this Agreement, by any federal, state, local, or
other governmental authority or by any court or other tribunal, including the
entry of a preliminary or permanent injunction, which, in the reasonable
judgment of Seller: (a) makes any of the transactions contemplated by this
Agreement illegal or (b) otherwise prohibits, restricts, or delays consummation
of the transactions contemplated by this Agreement or impairs the contemplated
benefits to Seller of any of the transactions contemplated by this Agreement. 

        
8.0     Further Agreements of the Parties.  

        
8.1     General.

        
     (a)     Seller will use all  reasonable  efforts and take all  reasonable  steps,  and will  cooperate with
Purchaser to cause to be
fulfilled, those of the conditions set forth in this Agreement to the
parties’ respective obligations to consummate the transactions contemplated
by this Agreement that are dependent upon the actions or inactions of Seller,
and to execute and deliver such instruments and take such other reasonable
actions as may be necessary or appropriate in order to carry out the intent of
this Agreement and consummate the transactions contemplated hereby. 

        
     (b)     Purchaser will use all reasonable  efforts and take all reasonable  steps,  and will cooperate with
Seller to cause to be
fulfilled, those of the conditions set forth in this Agreement to the
parties’ respective obligations to consummate the transactions contemplated
by this Agreement that are dependent upon the actions or inactions of Purchaser,
and to execute and deliver such instruments and take such other reasonable
actions as may be necessary or appropriate in order to carry out the intent of
this Agreement and consummate the transactions contemplated hereby. 

        
8.2     Other Agreements.  Until the Closing Date,
Seller will:

        
     (a)     cause all  representations  and warranties made by Seller  hereunder to be true and correct in all
material respects as of the Closing Date as if made on the Closing Date; and

        
     (b)     preserve and maintain  Seller's assets,  conduct Seller's business only in the normal and ordinary
course of business,
preserve intact Seller’s business organization and operations, keep
available the services of its present officers and employees, preserve in full
force and effect Seller’s Contracts and preserve the present business
relationships and goodwill of Seller’s suppliers, customers, and others
having business relations with Seller. 

        
8.3     
Access Prior to Closing.  Between the date of this Agreement and
the Closing and upon Purchaser’s request following the Closing Date if
required to enable Purchaser to fulfill its reporting and other regulatory
obligations, Seller shall (i) give Purchaser and its authorized representatives
full access to all offices and other facilities and properties of Seller and to
the books and records of Seller (and permit Purchaser to make copies thereof),
(ii) permit Purchaser to make inspections thereof, and (iii) cause its officers
and advisers (including, without limitation, their auditors, attorneys,
financial advisors and other consultants, agents and advisors) to furnish
Purchaser with such financial and operating data and other information with
respect to the business and properties of Seller, and to discuss with Purchaser
and its authorized representatives the affairs of Seller, all as Purchaser may
from time to time reasonably request. 

        
8.4     Ordinary  Course.  From the date hereof
until the Closing,  Seller shall operate the Training  Business only
in the ordinary course consistent with past practice.

        
8.5     
Liens.  Prior to the Closing, Seller shall not create, incur,
assume or suffer to exist any Lien upon or with respect to any property or
assets (real or personal, tangible or intangible) of Seller, whether now owned
or hereafter acquired, or sell any such property or assets subject to an
understanding or agreement, contingent or otherwise, to repurchase such property
or assets (including sales of accounts receivable with recourse to Seller), or
assign any right to receive income or permit the filing of any financing
statement under the New Jersey Uniform Commercial Code or any other similar
notice of Lien under any similar recording or notice statute, or grant rights
with respect to, or otherwise encumber or create a security interest in, such
property or assets or any portion thereof or any other revenues therefrom or the
proceeds payable upon the sale, transfer or other disposition of such property
or assets or any portion thereof, or permit or suffer any such action to be
taken. 

        
8.6     
New Lines of Business.  Prior to the Closing, as it relates solely
to the Training Business, Seller shall not enter into any line of business other
than the Training Business, or make any material change in the scope or nature
of its training business, purposes or operations, or undertake or participate in
activities other than the continuance of the Training Business. 

        
8.7     
Forgiveness of Debt.  Prior to the Closing, Seller shall not
cancel or otherwise forgive, release or waive any claim or indebtedness owed to
it by any person or rights of substantial value, except in the case of any claim
or indebtedness not material individually or in the aggregate, for adequate
consideration and in the ordinary course of business consistent with past
practice. Seller shall not forgive, release or waive any prepayments by clients
in respect of the Training Business without Purchaser’s express prior
written consent. 

        8.8     
Affiliate  Transactions.  Prior to the Closing,  solely as it relates
to its Traning Business,  Seller shall
not enter into, be a party to, or perform any transaction or arrangement with any Affiliate related solely to the Training Business.

        8.9
     
Assets.  Prior to the Closing, solely as it relates to its Training
Business, Seller shall not acquire or dispose of any property or assets other
than in the ordinary course of business. 

        
8.10     No Contrary  Agreements.  Solely as it relates to its Training  Business Seller shall not agree or otherwise
commit, whether or not in writing, to do anything which would not be permitted to be done under this Agreement.

        
8.11     Expenses.  Purchaser and Seller shall bear
their own respective  expenses incurred by them in respect of the transactions contemplated hereby.

        
8.12     Sales Taxes.  Purchaser  shall pay any
state or local sales,  transfer or usage taxes  payable in connection
with the sale of the Assets to Purchaser pursuant to this Agreement.

        
8.13     
Further Assurances.  At any time and from time to time after the
date hereof, each party hereto shall, without further consideration, execute and
deliver to the other such instruments of transfer , and shall take such other
action, as the other may reasonably request to carry out the transfer of assets
contemplated by this Agreement. 

        8.14
     
Change of Name.  After the Closing, upon the request of Purchaser,
Seller shall change its name to a name entirely dissimilar to its present name. 

        8.15
     
Seller’s Access After tbe Closing.  At any time, and
from time to time, after the Closing, Seller shall have the right to review and
obtain copies of any records, files, books, documents and other data relating to
the Assets and the Training Business with respect to any period prior to the
Closing that Seller may reasonably require for any lawful purpose, including,
without limitation, Seller’s preparation of tax returns. Purchaser shall
retain such records, files, books, documents and other data for a period of at
least six years after the Closing and, thereafter, shall give Seller at least 60
days’ prior notice of its intention to discard or destroy any such records,
files, books, documents or other data. 

        
8.16     Seller's  Indemnification  of Purchaser  for  Liabilities
    Seller shall defend (with  counsel  reasonably
satisfactory to Purchaser),
indemnify and hold harmless Purchaser, its shareholders, directors, officers,
employees, agents and assigns promptly upon demand at any time and from time to
time, from and against any Liabilities (as defined in paragraph 1.1 hereof) or
any other liabilities associated with the Training Business. 

        
9.0     Survival of Representations; Indemnities.

        
9.1     
Survival.  The representations and warranties of Seller on the one
hand, and of Purchaser, on the other, contained in this Agreement shall survive
the consummation of the transactions contemplated hereby for a period ending on
the first anniversary of the Closing Date, except that Seller’s
representations, warranties and covenants contained in paragraphs 6.6 and 8.15
hereof shall survive the consummation of the transactions contemplated hereby
for a period ending on the fifth anniversary of the Closing Date. 

        
9.2     
Indemnification by Seller.  Seller shall indemnify and hold
harmless Purchaser, and its Affiliates and the successors, assigns, officers,
directors, employees, partners and agents of any of them (the “Purchaser
Indemnified Parties”), promptly upon demand at any time and from time to
time, from and against any and all actions, proceedings, demands and claims
asserted against any Purchaser Indemnified Party, and shall reimburse Purchaser
Indemnified Parties for any and all losses, liabilities (of every kind or
nature, whether accrued, absolute, contingent or otherwise and whether asserted
or unasserted, known or unknown and whether due or to become due), damages,
charges, liens, deficiencies or expenses of any nature, including, without
limitation, reasonable attorneys’ fees and expenses (collectively,
“Damages”) incurred by or assessed against any Purchaser Indemnified
Party, and arising out of or resulting from: 

        
     (a)     the  inaccuracy  of any  representation  or warranty  made by Seller in this  Agreement or pursuant
hereto;

        
     (b)      the  failure by Seller to perform or observe  any term or  provision  of this  Agreement  or of any
other document, schedule or instrument delivered in connection herewith; or

        
     (c)     any other liability or obligation of Seller.

        9.3
     
Indemnification by Purchaser.  Purchaser shall indemnify and hold
harmless Seller and Seller’s successors, assigns, stockholders, officers,
directors, employees, partners and agents of any of them (the “Seller
Indemnified Parties”), promptly upon demand at any time and from time to
time, from and against any and all actions, proceedings, demands and claims
asserted against any Seller Indemnified Party, and shall reimburse the Seller
Indemnified Parties for any and all Damages incurred by or assessed against any
Seller Indemnified Party, and arising out of or resulting from: 

        
     (a)     the inaccuracy of any
representation or warranty made by Purchaser herein; or

        
     (b)  the failure by Purchaser  to perform or observe any term or  provision of this  Agreement or of any
other document, schedule or instrument delivered in connection herewith.

        
9.3     
Notice of Claim.  If any legal proceedings, claims or demands are
instituted or asserted in respect of which any of Purchaser Indemnified Parties
or Seller Indemnified Parties may seek indemnification from another party hereto
pursuant to the provisions hereof (such legal proceedings, claims or demands
being referred to individually as a “Claim” and collectively as the
“Claims”), the indemnified party (after receipt by it of written
notice of the commencement or assertion of such Claim) shall promptly cause a
written notice of such Claim to be made to the indemnifying party (but the
failure to give such notice shall not relieve the indemnifying party of its
indemnification obligation hereunder, except to the extent of losses actually
caused by such failure). 

        
9.4     
Election to Defend Claim.  Subject to the next sentence hereof, the
indemnifying party shall have the right, at its option and expense, to assume
the defense, settlement or other disposition (collectively “Defense”)
of any Claim, provided that within ten (10) days of receiving the notice with
respect to such Claim (or within such shorter period of time as an answer or
other responsive motion may be required), the indemnifying party, by notice
delivered to the indemnified party, elects to assume such Defense and each
indemnifying party acknowledges its obligation hereunder to indemnify the
indemnified party with respect to such Claim. Notwithstanding the foregoing, the
indemnifying party shall not have the right to assume the Defense of any Claim
if (a) representation of both the indemnified and indemnifying parties by the
same counsel would be inappropriate due to actual or potential differing
interests between them or (b) the indemnified party determines in good faith
that there is a significant possibility that such Claim may materially and
adversely affect it or its Affiliates other than as a result of monetary
damages. 

        
9.6     Procedure for Defense by Indemnifying  Party. If the  indemnifying  party has assumed the Defense of a Claim
, then the following shall apply:

        
     (a)     the  indemnified  party shall have the right to participate and assist in the Defense of such Claim
and to employ its own counsel in connection therewith;

        
     (b)     the  indemnifying  party shall not be liable to the  indemnified  party for the fees or expenses of
the indemnified
party’s counsel or other expenses incurred by the indemnified party in
connection with participating in the Defense of such Claim, except that the
indemnifying party shall be liable for (i) any such fees and expenses incurred
prior to the time the indemnifying party assumed such Defense and (ii) the
reasonable costs of investigation and preparation incurred by the indemnified
party; 

        
     (c)     counsel  used by the  indemnifying  party in  connection  with the  Defense of such Claim  shall be
reasonably satisfactory to the indemnified party;

        
     (d)     the  indemnified  party shall not effect any  compromise  or  settlement  of such Claim without the
consent of the indemnifying party, which consent shall not be unreasonably withheld; and

             
(e)     the  indemnifying  party shall not effect any  compromise  or  settlement of such Claim without the
consent of the indemnified party, which consent shall not be unreasonably withheld.

        
9.7     
Defense by Indemnified Party.  If the indemnifying party does not
assume the Defense of a Claim as required by this Agreement, the indemnifying
party shall have the right, at the sole cost and expense of the indemnifying
party, to defend and settle such Claim and to employ its own counsel in
connection therewith. In this event, the indemnified party may effect any
compromise or settlement of such Claim without the consent of the indemnifying
party. 

        
9.8     Cooperation.  The parties hereto shall cooperate to the fullest
extent possible in connection with any Claim in respect of which indemnification
is sought under this Agreement. 

        10.0     
Termination.

        10.1
     Bases for  Termination.  This Agreement and the  transactions  contemplated  hereby may be terminated at any
time on or prior to the Closing Date:

        
     (a)     by the mutual written consent of the parties hereto;

        
     (b)     by Purchaser:

             
     (i)   if any  representation  or  warranty of Seller made in this  Agreement  was untrue in any  material
respect when made or is untrue in any material respect on the Closing Date;

        
          (ii)   if Seller
shall have  defaulted  in any  material  respect  in the  performance  of any  covenant,
agreement or obligation
under this Agreement, and such default is not cured within ten days after
Seller’s receipt of written notice from Purchaser that such default exists
or has occurred; or 

        
          (iii)   if the conditions to Purchaser's obligations to consummate the transaction  contemplated hereby are
not or cannot be satisfied
on or before August 31, 2001 for any reason other than a breach by Purchaser. 

        
     (c)     by Seller:

        
          (i)   if any  representation  or warranty of Purchaser  made in this Agreement was untrue in any material
respect when made or is untrue in any material respect on the Closing Date;

        
         (ii)   if Purchaser  shall have  defaulted in any material  respect in the  performance  of any  covenant,
agreement or obligation
under this Agreement, and such default is not cured within ten days after
Purchaser’s receipt of written notice from Seller that such default exists
or has occurred; or 

        
          (iii)   if the conditions to Seller's  obligations to consummate the transactions  contemplated  hereby are
not or cannot be satisfied
on or before August 31, 2001 for any reason other than a breach by Seller. 

        
10.2     
Manner of Exercise.  In the event of the termination of this
Agreement prior to the Closing pursuant to Section 10.1, written notice thereof
shall forthwith be given to the non-terminating party, and this Agreement shall
terminate and the transactions contemplated hereunder shall be abandoned without
further action by any party hereto. 

        
10.3     
Effect of Termination.   In the event of the termination of this
Agreement prior to the Closing pursuant to Section 10.1, all rights and
obligations of the parties hereunder shall terminate, except for the rights and
obligations of the parties under Section 8.11 hereof and the right of the
non-breaching party to seek damages from a breaching party. 

        
11.0     Miscellaneous.

        
11.1     
Finders.  Each party hereto represents and warrants that it has not
employed or utilized the services of any broker or finder in connection with
this Agreement or the transactions contemplated hereby. 

        
     11.2     Non-Compete 
 Seller  agrees not to compete  with  Purchaser  for  Training  Business for one year from the
date of closing in the New York, Philadelphia and New Jersey Metropolitan areas.

        
11.3 Entire  Agreement.   This  Agreement  (together  with the Schedules and Exhibits  hereto)  contains,  and is
intended as, a complete
statement of all of the terms of the arrangements between the parties hereto
with respect to the matters provided for herein, and supersedes any previous
agreements and understandings between the parties hereto with respect to those
matters. 

        
11.4     Governing  Law.  This Agreement  shall be governed by and construed in accordance  with the laws of the State
of New Jersey without regard to the conflicts of laws provisions thereof.

        
                  11.5     Headings.  The section  headings of this  Agreement are for  reference  purposes only and are to be given no
effect in the construction or interpretation of this Agreement.

        11.6     
Notices.  All notices and other communications under this Agreement
shall be in writing and shall be deemed given when delivered personally or
mailed by registered mail, return receipt requested, to the parties at the
following addresses (or to such other address as a party may have specified by
notice given to the other party pursuant to this provision): 

                           If to Seller to it or them at:

                           Computer Horizons Corp.
                           49 Old Bloomfield Avenue
                           Mountain Lakes, NJ 07046

                           Attention: Michael C. Caulfield,
                           Vice President & General Counsel

                           If to Purchaser, to it at:

                           AlphaNet Solutions, Inc.
                           7 Ridgedale Avenue
                           Cedar Knolls, NJ 07927

                           Attention:  Jack P. Adler, Esq.
                                       Executive VP & General Counsel

        
11.7     Severability.  If any  provision  of this  Agreement  is  invalid  or  unenforceable,  the  balance  of this
Agreement shall remain in effect.

        11.8
     
Waivers and Amendments.  No waiver of any provision hereof shall be
construed as a waiver of any other provision. Any waiver or amendment of this
Agreement must be in writing and signed by the party to be charged therewith. 

        11.9
     
Successors and Assigns.  This Agreement shall be binding upon and
shall inure to the benefit of the parties hereto and their respective successors
and assigns. Neither this Agreement nor any right or obligation hereunder may be
assigned or transferred by Seller without Purchaser’s written consent or by
Purchaser without Seller’s written consent; provided, however, that
Purchaser may assign, without being required to obtain Seller’s consent
thereto, any and all of Purchaser’s rights and obligations hereunder to any
wholly-owned subsidiary of Purchaser; and, provided further, that Seller may
assign, without being required to obtain Purchaser’s consent thereto, any
and all of Seller’s rights to receive, or to designate the recipients of,
all or any portion of the Escrow Shares. 

        11.10     
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 considered one and the same instrument. 

        
This Agreement has been duly executed on the date hereinabove set forth.

	 		ALPHANET SOLUTIONS, INC.

	 		
       STAN GANG

	 		By:_________________________________

	 		
       Stan Gang

       Chief Executive Officer

         

	 		COMPUTER HORIZONS CORP

	 		
       WILLIAM J. MURPHY

	 		By:_________________________________

	 		
       William J. Murphy

       Executive Vice President and

         Chief Financial Officer

[SCHEDULES OMITTED]Exhibit 10.  for Form 10-Q for Third Quarter ended 9/29/01

LINENS ’N THINGS

INCREASE SUPPLEMENT

        INCREASE
SUPPLEMENT, dated as of November 2nd, 2001, to the Credit Agreement,
dated as of October 20, 2000, by and among Linens ’N Things, the
(“Borrower”), the Subsidiary Borrowers party thereto, the Lenders
party thereto and Fleet National Bank, as Administrative Agent (as the same may
be amended, supplemented or otherwise modified from time to time, the
“Credit Agreement”). Capitalized terms used herein that are defined
in the Credit Agreement shall have the meanings therein defined. 

        
1.  
Pursuant to Section 2.13 of the Credit Agreement, the Borrower hereby proposes
to increase (the “Increase”) the Aggregate Commitment Amount from
$140,000,000 to $150,000,000. 

        
2.  
The following Lender has been invited by the Borrower, and is ready, willing and
able to increase its Commitment Amount (which following the acquisition of the
Commitment Amount of Summit Bank was at $55,000,000) as follows: 

	Name of Lender		
Commitment Amount (After giving effect to the Increase)

	Fleet National Bank		
$65,000,000

        
3.  The proposed effective date for the Increase is as of the date first above written.

        4.
  The Borrower hereby represents and warrants to the Agent and the Lender that (i)
immediately before and after giving effect to the Increase no Default exists or
would exist, (ii) it has full power and authority to enter into this Increase
Supplement and to consummate the transaction contemplated hereby, and the
execution, delivery and performance of the Credit Agreement and this Increase
Supplement has been duly and validly approved by all necessary corporate action,
and no other actions or proceedings on the part of the Borrower is necessary to
authorize this Increase Supplement, and (iii) immediately after giving effect
thereto, the Aggregate Commitment Amount shall not have been increased pursuant
to Section 2.13 of the Credit Agreement in an aggregate amount greater than
$150,000,000. 

        
5.  
Pursuant to Section 2.13 of the Credit Agreement, by execution and delivery of
this Supplement, together with the satisfaction of all of the other requirements
set forth in Section 2.13, (i) the undersigned Lender shall have, on and as of
the effective date of the Increase, a Commitment Amount equal to the amount set
forth above next to its name and (ii) the sum of the Commitment Amounts
reflected on Exhibit A of the Credit Agreement shall be equal to the amount set
forth in paragraph 1 above. 

        
IN WITNESS WHEREOF,  the parties hereto have caused this Increase  Supplement to be duly executed and delivered by
their proper and duly authorized officers as of the day and year first above written.

	 		LINENS ’N THINGS, INC.

	 		       
DAVID J. DICK

	 		By:_________________________________

	 		      
Name:  David J. Dick

       Title:  Treasurer

	 		FLEET NATIONAL BANK,

	 		as Administrative Agent

	 		       
THOMAS J. BULLARD

	 		By:_________________________________

	 		      
Name:  Thomas J. Bullard

       Title:  Director

	 		FLEET NATIONAL BANK, as Lender

	 		       
THOMAS J. BULLARD

	 		By:_________________________________

	 		      
Name:  Thomas J. Bullard

       Title:  Director

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