Document:

EXHIBIT
        B TO

      ASSET
        PURCHASE
        AGREEMENT

    

     

    ESCROW
      AGREEMENT

    

    This
      ESCROW AGREEMENT (this “Agreement”),
      is
      made as of the 3rd
      day of
      October, 2006, among CRC ACQUISITION CO. LLC, a Delaware Limited Liability
      Company (“Seller”);
      SIG
      Acquisition Corp., a Delaware corporation (“Purchaser”)
      and
THE
      BANK
      OF NEW YORK (the
      “Escrow
      Agent”,
      which
      term shall include any successor escrow agent appointed in accordance with
      Section 3.6(c) hereof).

    

    The
      parties hereto are entering into this Agreement pursuant to that certain Asset
      Purchase Agreement, dated as of September 22, 2006 (as amended, supplemented
      or
      otherwise modified from time to time), among the Seller, NET PERCEPTIONS, INC.,
      a Delaware corporation (the “Purchaser
      Parent”)
      and
      the Purchaser. Capitalized terms used herein, but not otherwise defined herein,
      shall have the meanings ascribed to them in the Asset Purchase
      Agreement.

    

    The
      parties to the Asset Purchase Agreement have agreed to enter into this Agreement
      pursuant to Section 2.3(b) of the Asset Purchase Agreement for the purpose
      of
      providing security for indemnification claims of the Purchaser Indemnified
      Parties pursuant to Section 13.3 of the Asset Purchase Agreement. 

     

    ARTICLE
      I

     

    APPOINTMENT
      OF ESCROW AGENT

    

    1.1 Appointment
      of Escrow Agent; Establishment of Escrow Arrangement.
      Seller
      and the Purchaser hereby constitute and appoint the Escrow Agent as, and the
      Escrow Agent hereby agrees to assume and perform the duties of, the escrow
      agent
      under and pursuant to this Agreement. Simultaneously with the execution of
      this
      Agreement, the Purchaser has deposited with the Escrow Agent $2,000,000 in
      cash
      (together with any income earned thereon and subject to the deductions provided
      for in this Agreement, the “Escrow
      Fund”)
      by
      wire transfer to the following deposit account: a/c # 103569. The Escrow Agent
      hereby acknowledges receipt of the Escrow Fund. The Escrow Agent agrees to
      hold
      the Escrow Fund in escrow subject to the terms and conditions of this
      Agreement.

    

    1.2 Transferability.
      The
      interests of the Seller and the Purchaser in the Escrow Fund shall not be
      assignable or transferable by any party hereto other than by operation of law
      or
      pursuant to the terms of this Agreement. Notice of any such assignment or
      transfer shall be delivered in writing by such transferring party to each other
      party hereto and no such assignment or transfer shall be valid until such notice
      is provided.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    ARTICLE
      II

     

    DISTRIBUTION
      OF ESCROW PROPERTY

    

    2.1 Expiration
      Date; Termination of Agreement.
      The
      Escrow Fund shall be held by the Escrow Agent on the terms and subject to the
      conditions set forth herein, subject to Section 2.7 hereof, through April 30,
      2008 (the “Expiration
      Date”).
      Unless the Seller and the Purchaser give the Escrow Agent joint written
      instructions otherwise, this Agreement shall terminate on the date when all
      of
      the Escrow Fund has been distributed by the Escrow Agent in accordance with
      the
      terms of this Agreement; provided,
      however,
      that
      the provisions of Section 3.6 hereof shall survive such
      termination.

    

    2.2
       Delivery
      of Escrow Property. 
      (a) The
      Escrow Agent shall deliver the Escrow Fund only in accordance with (i) a written
      agreement signed by each of the Seller and the Purchaser or (ii) the provisions
      of this Article II.

    

    2.3
       Purchaser
      Indemnity Claims.
      The
      Purchaser shall give written notice (an “Indemnity
      Notice”),
      which
      notice shall state that it is given pursuant to this Section 2.3, of each claim
      against the cash in the Escrow Fund (each, a “Purchaser
      Indemnity Claim”)
      to the
      Seller and the Escrow Agent setting forth (a) the Purchaser’s belief of the
      basis therefor, (b) a description of the matter that is subject to
      indemnification in reasonable detail in light of the circumstances then known
      to
      the Purchaser and (c) either (i) the amount of the Purchaser Indemnity Claim,
      if
      determined, or (ii) the Purchaser’s estimate of the reasonably foreseeable
      amount of the Purchaser Indemnity Claim. The Purchaser shall, upon the Seller’s
      request, make available to the Seller all relevant information concerning such
      Purchaser Indemnity Claim as the Seller shall reasonably request and that is
      in
      or comes into the possession of the Purchaser. 

    

    2.4
       Purchaser
      Indemnity Claims Not Disputed by the Seller.
      If,
      within thirty days after receipt of the Indemnity Notice (calculated in
      accordance with Section 4.1 hereof), the Escrow Agent and the Purchaser have
      not
      received written notice from the Seller that the Seller disputes the Purchaser
      Indemnity Claim described in such Indemnity Notice or the amount the Purchaser
      seeks payment on account of such Purchaser Indemnity Claim (the “Seller
      Dispute Notice”),
      the
      Purchaser shall be entitled to make demand (an “Undisputed
      Indemnity Notice Demand”)
      that
      the Escrow Agent either retain for future delivery to the Purchaser as and
      when
      the amount of such Purchaser Indemnity Claim is determined, if the amount of
      such Purchaser Indemnity Claim is not then determined, or deliver to the
      Purchaser, if the amount of such Purchaser Indemnity Claim has then been
      determined, an aggregate amount of cash from the Escrow Fund equal to the amount
      of the Purchaser Indemnity Claim set forth in such Indemnity Notice.

    

    2.5 Purchaser
      Indemnity Claims Disputed by the Seller as a Whole.
      In the
      event that the Seller disputes an entire Purchaser Indemnity Claim, the Seller
      shall, within thirty days after receipt of the applicable Indemnity Notice,
      provide to the Escrow Agent and the Purchaser a Seller Dispute Notice setting
      forth the basis therefore in reasonable detail in light of the circumstances
      then known to the Seller and the Escrow Agent shall not distribute any portion
      of the Escrow Fund in respect of such Purchaser Indemnity Claim until the Escrow
      Agent receives (i) a written agreement signed by the Purchaser and the Seller
      stating the aggregate amount of such Purchaser Indemnity Claim (an “Indemnity
      Claim Agreement”)
      or
      (ii) a copy of an arbitrator’s award or court order or judgment stating the
      aggregate amount to which the Purchaser is entitled in connection with such
      Purchaser Indemnity Claim, provided
      that
      such award, order or judgment is final and binding with respect to the Purchaser
      and the Seller and from which no appeal may be taken or for which the time
      to
      appeal has expired (a “Final
      Judgment”);
      provided, that the Escrow Agent shall have given written notice of the proposed
      distribution of the amount of cash from the Escrow Fund, together with copies,
      of all such documents and orders to the Purchaser and the Seller at least five
      (5) Business Days prior to the date of such distribution by the Escrow Agent.
      The Seller shall, upon the Purchaser’s request, make available to the Purchaser
      all relevant information concerning the Seller Dispute Notice relating to a
      Purchaser Indemnity Claim as the Purchaser shall reasonably request and that
      is
      in or comes into the possession of the Seller. 

     

    
      
        
        

      

      
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    2.6 Purchaser
      Indemnity Claims Disputed by the Seller in Part.
      In the
      event that the Seller disputes part of, but not all of, a Purchaser Indemnity
      Claim, the Seller shall, within thirty days after receipt of the Purchaser
      Indemnity Notice, deliver to the Escrow Agent and the Purchaser a Seller Dispute
      Notice setting forth the basis for the disputed portion of such Purchaser
      Indemnity Claim in reasonable detail in light of the circumstances then known
      to
      the Seller and the Escrow Agent shall, if the amount of such Purchaser Indemnity
      Claim is undetermined, retain for future delivery to the Purchaser, or, if
      the
      amount of such Purchaser Indemnity Claim is determined, deliver to the Purchaser
      an amount of cash in the Escrow Fund in an aggregate amount equal to the amount
      of the Purchaser Indemnity Claim set forth in such Indemnity Notice that is
      attributable to the portion of such Purchaser Indemnity Claim that is not
      disputed by the Seller. The Escrow Agent shall not deliver any of the cash
      in
      the Escrow Fund to the Purchaser relating to the disputed portion of such
      Purchaser Indemnity Claim, except in accordance with the procedures set forth
      in
      Section 2.6.

     

    2.7 Retention
      of Escrow Property After Expiration Date.
      After
      the Expiration Date, the Escrow Agent shall continue to hold an amount of cash
      in the Escrow Fund having an aggregate value equal to the entire amount of
      any
      unresolved Purchaser Indemnity Claim that is the subject of an Indemnity Notice
      received by the Escrow Agent prior to the Expiration Date (the “Retained
      Escrow Portion”)
      until
      such time as the Escrow Agent receives for such unresolved Indemnity Claim
      (a)
      an Indemnity Claim Agreement or (b) a Final Judgment, in each case evidencing
      the ultimate resolution of any of the underlying claims referred to in such
      Indemnity Notice. 

    

    2.8 Final
      Distribution of the Escrow Property.
      No
      later than ten (10) Business Days after the Expiration Date, the cash in the
      Escrow Fund held by the Escrow Agent after taking into account the withholdings
      required pursuant to the provisions of Sections 2.3 through 2.8 hereof and
      the
      Retained Escrow Portion pursuant to Section 2.6 hereof, shall be released from
      the provisions of this Escrow Agreement and delivered promptly by the Escrow
      Agent to the Seller. 

    

    2.9
       Limitations
      on Escrow Funds.
      Unless
      otherwise agreed to pursuant to Section 2.2(a) hereof, in no event shall the
      aggregate value of Escrow Property delivered to the Purchaser pursuant to
      Section 2.3 hereof or on account of all Purchaser Indemnity Claims have an
      aggregate value that exceeds the sum of (i) the sum of (A) $2,000,000
plus
      (B) the
      amount of any income generated from the cash in the Escrow Fund and any income
      on any of the foregoing, less
      (b) the
      fees and expenses of the Escrow Agent collected pursuant to Section 3.5
      hereof.

     

    
      
        
        

      

      
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    ARTICLE
      III

    

    ESCROW
      AGENT

    

    3.1 Disputes
      with Respect to the Escrow Property.
      If (a)
      any dispute should arise with respect to the payment and/or ownership or right
      of possession of the Escrow Fund (other than any disputes of the kinds set
      forth
      in Section 2.5 or 2.6 hereof) or (b) the Escrow Agent, in its reasonable
      judgment, receives conflicting instructions with respect to any distribution
      of
      the Escrow Fund, the Escrow Agent is authorized and directed to retain in its
      possession, without liability to anyone, all or any portion of the Escrow Fund
      until such dispute is settled either by agreement of the parties concerned
      by
      delivery of written directions signed by the Purchaser and the Seller to the
      Escrow Agent or by a Final Judgment. The Escrow Agent is under no duty
      whatsoever to institute or defend any proceedings seeking a Final Judgment.
      Notwithstanding the foregoing, if such dispute relates to the amount of the
      Closing Working Capital, then the Purchaser and the Seller shall use all
      reasonable efforts to settle such dispute in accordance with Section 2.4 of
      the
      Asset Purchase Agreement.

     

    3.2 Certain
      Additional Provisions Regarding the Escrow Property.

     

    (a) Investments.
       The
      Escrow Agent shall invest the Escrow Fund in any combination of the following
      investments as may from time to time be specified by the Seller:

     

    (i) marketable
      obligations of, or fully and directly guaranteed by, the United States, which
      obligations have a maturity of not more than 90 days;

     

    (ii) repurchase
      obligations with a term of not more than ten days for underlying securities
      of
      the types described in clause (i) entered into with any bank organized under
      the
      laws of the United States or any State thereof, the commercial paper of which
      bank is rated A-2 or better by Standard & Poors Ratings Group or Prime-2 or
      better by Moody’s Investors Service, Inc.;

     

    (iii) money
      market funds registered under the Investment Company Act of 1940, as amended
      from time to time (the “1940
      Act”),
      the
      portfolios of which are limited to Government Securities (as defined in the
      1940
      Act); or

     

    (iv) such
      other investments as the Seller and Purchaser shall jointly authorize the Escrow
      Agent to make from time to time.

     

    In
      the
      absence of direction from the Seller, the Escrow Fund shall be invested by
      the
      Escrow Agent in the Fidelity Institutional Prime MM Fund pursuant to clause
      (iii) above.

     

    (b) Income.
      Income
      on the Escrow Fund will be added to the Escrow Fund and be payable to the
      Purchaser and/or the Seller pursuant to the terms of Section 2 hereof.

     

    
      
        
        

      

      
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    (c) Rights
      to Escrow Property.
      Subject
      to the terms hereof, the Escrow Fund shall be for the exclusive benefit of
      the
      Seller and the Purchaser and their respective successors and assigns, and no
      other Person shall have any right, title or interest therein.

     

    (d) Authority.
      Without
      limiting the generality of the foregoing, the Escrow Agent shall have the right
      and power to receive, endorse and collect all checks and other orders for the
      payment of money made payable to the Seller representing any interest payment,
      principal payment or any part thereof and to give full discharge for the
      same.

     

    3.3 Payments
      by the Escrow Agent.
      Any
      portion of the Escrow Fund to be paid to the Purchaser or the Seller in cash
      pursuant to any provision of this Agreement will be paid by bank check or wire
      transfer of immediately available funds. In the event funds transfer
      instructions are given, whether in writing, by telecopier or otherwise, the
      Escrow Agent is authorized to seek confirmation of such instructions by
      telephone call-back to the person or persons designated on Schedule
      II
      hereto,
      and the Escrow Agent may rely upon the confirmation of anyone purporting to
      be
      the person or persons so designated. The persons and telephone numbers for
      call-backs may be changed only in a writing actually received and acknowledged
      by the Escrow Agent. The Escrow Agent and the beneficiary's bank in any funds
      transfer may rely solely upon any account numbers or similar identifying numbers
      provided in writing by the Purchaser or the Seller to identify (a) the
      beneficiary, (b) the beneficiary's bank or (c) an intermediary bank.

     

    3.4 Tax
      Reporting and Withholding.
      The
      parties hereto shall, for federal income tax purposes and, to the extent
      permitted by applicable law, state and local tax purposes, report consistent
      with the Seller as the owner of the Escrow Fund and as the taxpayer with respect
      to any income earned thereon and the Seller shall furnish any required tax
      forms
      consistent with the foregoing. The Seller shall pay all applicable income,
      withholding and any other taxes imposed on or measured by income which is
      attributable to income from the Escrow Fund and shall file all tax and
      information returns applicable thereto. The Escrow Fund will be subject to
      applicable U.S. withholding tax and any distribution thereof will be made net
      of
      such withholding, which withholding shall be determined on the basis of the
      information provided by the Seller as required herein. All interest or other
      income earned under this Agreement shall be reported by the Escrow Agent to
      the
      Internal Revenue Service or any other taxing authority. The Escrow Agent shall
      report and withhold any taxes as it determines may be required by any law or
      regulation in effect at the time of the distribution. The Escrow Agent shall
      report to the Internal Revenue Service or such other authority such earnings
      as
      required by any applicable law or regulation. In addition, the Escrow Agent
      shall withhold any taxes it deems reasonably appropriate and shall remit such
      taxes to the appropriate authorities.

     

    3.5 Fees
      and Expenses.
      The
      fees of the Escrow Agent as specified in the Schedule of Fees set forth on
      Schedule
      I
      and the
      other charges (including counsel fees in a reasonable amount), reasonably
      incurred by the Escrow Agent in the performance of its duties hereunder in
      connection with a dispute between the Purchaser and Seller, shall be payable
      by
      the Purchaser and the Seller, which obligation shall be joint and several and
      be
      paid on a fifty-fifty basis. Such fees and charges shall be payable to the
      Escrow Agent upon receipt of notice thereof from the Escrow Agent to the
      Purchaser and the Seller. As security for the due and punctual performance
      of
      the Purchaser and the Seller’s obligations to the Escrow Agent under this
      Agreement, the Purchaser and the Seller hereby grant a security interest in
      and
      a lien on the Escrow Fund in favor of the Escrow Agent.

     

    
      
        
        

      

      
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    3.6. Additional
      Terms and Conditions.
      The
      acceptance by the Escrow Agent of its duties as such under this Agreement is
      subject to the following terms and conditions, which all parties to this
      Agreement hereby agree will govern and control with respect to the rights,
      duties, liabilities and immunities of the Escrow Agent:

     

    (a) Protection
      of the Escrow Agent.
      The
      Escrow Agent will be free from liability to the parties hereto in acting in
      accordance with any written instructions or certificates given to it hereunder
      and reasonably believed by it to be signed by the proper parties. The Escrow
      Agent shall have no liability under and no duty to inquire as to provisions
      of
      any agreement other than this Agreement.

     

    (b) Duties;
      Liability.
      The
      Escrow Agent undertakes to perform only such duties as are expressly set forth
      herein and no additional duties or obligations shall be implied hereunder.
      The
      duties of the Escrow Agent are purely ministerial in nature and the Escrow
      Agent
      will not be liable for any act done or step taken or omitted by it in good
      faith, except with respect to its own willful misconduct or gross negligence.
      The Escrow Agent shall not be bound in any way by any agreement or contract
      between the Purchaser and the Seller (other than this Agreement), whether or
      not
      the Escrow Agent has knowledge of any such agreement or contract. The Escrow
      Agent may execute any of its powers and perform any of its duties hereunder
      directly or through agents or attorneys (and shall be liable only for the
      careful selection of any such agent or attorney) and may consult with counsel,
      accountants and other skilled persons to be selected and retained by it at
      the
      reasonable expense of the Purchaser and the Seller, which obligation shall
      be
      joint and several and be paid on a fifty-fifty basis. The Escrow Agent shall
      not
      be liable for anything done, suffered or omitted in good faith by it in
      accordance with the advice or opinion of any such counsel, accountants or other
      skilled Persons reasonably retained by the Escrow Agent. In the event that
      the
      Escrow Agent shall be uncertain as to its duties or rights hereunder or shall
      receive instructions, claims or demands from any party hereto that, in its
      opinion, conflict with any of the provisions of this Agreement, the Escrow
      Agent
      shall be entitled to refrain from taking any action and its sole obligation
      shall be to keep safely all property held in escrow until it shall be directed
      otherwise in writing by all of the other parties hereto or by a final order
      or
      judgment of a court of competent jurisdiction. Anything in this Agreement to
      the
      contrary notwithstanding, in no event shall the Escrow Agent be liable for
      special, indirect or consequential loss or damage of any kind whatsoever
      (including lost profits), even if the Escrow Agent has been advised of the
      likelihood of such loss or damage and regardless of the form of
      action.

     

    (c) Resignation
      and Removal.
      The
      Escrow Agent may resign and be discharged from its duties under this Agreement
      at any time by giving at least thirty (30) days' prior written notice of such
      resignation to the Purchaser and the Seller and specifying a date upon which
      such resignation shall take effect. Upon receipt of such notice, a successor
      escrow agent shall jointly be appointed by the Purchaser and the Seller, such
      successor escrow agent to become the Escrow Agent hereunder on the resignation
      date specified in such notice. If no successor Escrow Agent is appointed prior
      to the date specified, the Escrow Agent shall have the right to deposit the
      Escrow Property with a court of competent jurisdiction and the Escrow Agent
      shall have no further obligation with respect thereto. The Purchaser and the
      Seller, acting jointly, may at any time substitute a new escrow agent by giving
      ten (10) days’ notice thereof to the Escrow Agent then acting and paying all
      fees and expenses of such Escrow Agent. Any Person into which the Escrow Agent
      may be merged or converted or with which it may be consolidated, or any Person
      to which all or substantially all the escrow business of the Escrow Agent’s
      corporate trust line of business may be transferred, shall be the Escrow Agent
      under this Agreement without further act.

     

    
      
        
        

      

      
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    (d) Indemnity.
      The
      Purchaser and the Seller shall, jointly and severally, defend and save harmless
      the Escrow Agent and its directors, officers, agents and employees
      (collectively, the “Indemnitees”
and
      each, individually, an “Indemnitee”)
      from
      all loss, liability or expense (“Losses”)
      arising out of or in connection with (i) the Escrow Agent's execution and
      performance of this Agreement, except in the case of any Indemnitee to the
      extent that such Losses are due to the gross negligence or willful misconduct
      of
      such Indemnitee, or (ii) the Escrow Agent’s instructions or other directions
      from the Purchaser or the Seller, except to the extent that the Escrow Agent’s
      following any such instruction or direction is expressly forbidden by the terms
      of this Agreement. 

     

    (e) Force
      Majeure.
      No
      party to this Agreement is liable to any other party for losses due to, or
      if it
      is unable to perform its obligations under the terms of this Agreement because
      of, acts of God, fire, floods, strikes, equipment or transmission failure,
      or
      other causes reasonably beyond its control.

     

    ARTICLE
      IV

     

    MISCELLANEOUS

     

    4.1 Notices.
      All
      notices and other communications hereunder will be in writing and will be deemed
      received (a) the date delivered if delivered personally, (b) three (3) Business
      Days after being mailed by registered or certified mail (return receipt
      requested), (c) one (1) Business Day after being delivered to any reputable
      nationwide overnight courier service and (d) upon confirmation of delivery,
      if
      delivered by facsimile, at the following addresses (or at such other address
      for
      a party as will be specified by like notice):

     

    
      	(i)     
                	
              If
                to the Purchaser, to:

            

    

    

    Net
      Perceptions, Inc.

    One
      Landmark Square

    22nd
      Floor

    Stamford,
      Connecticut 06901

    Attn: Nigel
      P.
      Ekern

    Fax: 203-428-2022

    

    with
      a
      required copy to:

    

    Kane
      Kessler, P.C.

    1350
      Avenue of the Americas

    26th
      Floor

    New
      York,
      NY 10019

    Attn: Robert
      L.
      Lawrence

    Fax:
       (212)
      245-3009

     

    
      
        
        

      

      
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      	(ii)     
               	
              If
                to the Seller:

            

    

    

    CRC
      Acquisition Co. LLC

    c/o
      Riparian Partners, Ltd.

    2400
      Financial Plaza

    Providence,
      Rhode Island 02903

    Attn: Brendan
      VanDeVenter

    Fax: 617-897-0961

    

    with
      a
      required copy to:

    

    Greenberg
      Traurig, LLP

    One
      International Place

    Boston,
      MA 02110

    Attn: James
      P.
      Redding

    

    
      	
            	(iii)	
              If
                to the Escrow Agent, to:

            

    

    

    The
      Bank
      of New York

    Escrow
      Unit

    101
      Barclay St., 8W

    New
      York,
      NY 10286

    Attn:
      Ilona A. Kandarova

    Fax:
      212-815-5875/5877

     

    4.2 Governing
      Law, Venue and Waiver of Jury Trial.
      THIS
      AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED UNDER AND IN ACCORDANCE WITH THE
      INTERNAL LAWS OF THE STATE OF DELAWARE, EXCLUDING ANY CHOICE OF LAW RULES THAT
      MAY DIRECT THE APPLICATION OF THE LAWS OF ANOTHER JURISDICTION.

     

    
      
        
        

      

      
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    EACH
      PARTY TO THIS AGREEMENT, BY ITS EXECUTION HEREOF, (I) HEREBY IRREVOCABLY
      SUBMITS, TO THE NON-EXCLUSIVE JURISDICTION OF THE UNITED STATES DISTRICT COURT
      FOR THE DISTRICT OF DELAWARE (OR IF JURISDICTION THERETO IS NOT PERMITTED BY
      LAW, THE STATE COURTS OF THE STATE OF DELAWARE LOCATED IN NEW CASTLE COUNTY
      FOR
      THE PURPOSE OF ANY ACTION, CLAIM, CAUSE OF ACTION OR SUIT (IN CONTRACT, TORT
      OR
      OTHERWISE), INQUIRY PROCEEDING OR INVESTIGATION ARISING OUT OF OR BASED UPON
      THIS AGREEMENT OR RELATING TO THE SUBJECT MATTER HEREOF, (II) HEREBY WAIVES,
      AND
      AGREES TO CAUSE EACH OF ITS SUBSIDIARIES TO WAIVE, TO THE EXTENT NOT PROHIBITED
      BY APPLICABLE LAW, AND AGREES NOT TO ASSERT, AND AGREES NOT TO ALLOW ANY OF
      ITS
      SUBSIDIARIES TO ASSERT, BY WAY OF MOTION, AS A DEFENSE OR OTHERWISE, IN ANY
      SUCH
      ACTION, ANY CLAIM THAT IT IS NOT SUBJECT PERSONALLY TO THE JURISDICTION OF
      THE
      ABOVE-NAMED COURTS, THAT ITS PROPERTY IS EXEMPT OR IMMUNE FROM ATTACHMENT OR
      EXECUTION, THAT ANY SUCH PROCEEDING BROUGHT IN ONE OF THE ABOVE-NAMED COURTS
      IS
      IMPROPER, OR THAT THIS AGREEMENT OR THE SUBJECT MATTER HEREOF MAY NOT BE
      ENFORCED IN OR BY SUCH COURT AND (III) HEREBY AGREES NOT TO COMMENCE OR TO
      PERMIT ANY OF ITS SUBSIDIARIES TO COMMENCE ANY ACTION, CLAIM, CAUSE OF ACTION
      OR
      SUIT (IN CONTRACT, TORT OR OTHERWISE), INQUIRY PROCEEDING OR INVESTIGATION
      ARISING OUT OF OR BASED UPON THIS AGREEMENT OR RELATING TO THE SUBJECT MATTER
      HEREOF OTHER THAN BEFORE ONE OF THE ABOVE-NAMED COURTS NOR TO MAKE ANY MOTION
      OR
      TAKE ANY OTHER ACTION SEEKING OR INTENDING TO CAUSE THE TRANSFER OR REMOVAL
      OF
      ANY SUCH ACTION, CLAIM, CAUSE OF ACTION OR SUIT (IN CONTRACT, TORT OR
      OTHERWISE), INQUIRY, PROCEEDING OR INVESTIGATION TO ANY COURT OTHER THAN ONE
      OF
      THE ABOVE-NAMED COURTS WHETHER ON THE GROUNDS OF INCONVENIENT FORUM OR
      OTHERWISE. EACH PARTY HEREBY CONSENTS TO SERVICE OF PROCESS IN ANY SUCH
      PROCEEDING IN ANY MANNER PERMITTED BY DELAWARE LAW, AND AGREES THAT SERVICE
      OF
      PROCESS BY REGISTERED OR CERTIFIED MAIL, RETURN RECEIPT REQUESTED, AT ITS
      ADDRESS SPECIFIED PURSUANT TO SECTION 4.1 IS REASONABLY CALCULATED TO GIVE
      ACTUAL NOTICE PROVIDED THAT THE PARTY DELIVERING SUCH NOTICE RECEIVES A SIGNED
      RETURN RECEIPT IN RESPECT THEREOF.

     

    EACH
      OF
      THE PARTIES HERETO HEREBY WAIVES AND COVENANTS THAT IT WILL NOT ASSERT (WHETHER
      AS PLAINTIFF, DEFENDANT OR OTHERWISE) ANY RIGHT TO TRIAL BY JURY IN ANY FORUM
      IN
      RESPECT OF ANY ISSUE OR ACTION, CLAIM, CAUSE OF ACTION OR SUIT (IN CONTRACT,
      TORT OR OTHERWISE), INQUIRY, PROCEEDING OR INVESTIGATION ARISING OUT OF OR
      BASED
      UPON THIS AGREEMENT OR THE SUBJECT MATTER HEREOF OR IN ANY WAY CONNECTED WITH
      OR
      RELATED OR INCIDENTAL TO THE TRANSACTIONS CONTEMPLATED HEREBY, IN EACH CASE
      WHETHER NOW EXISTING OR HEREAFTER ARISING. EACH OF THE PARTIES AGREE AND
      ACKNOWLEDGE THAT IT HAS BEEN INFORMED THAT THIS SECTION 4.2 CONSTITUTES A
      MATERIAL INDUCEMENT UPON WHICH THE OTHER PARTIES HERETO ARE RELYING AND WILL
      RELY IN ENTERING INTO THIS AGREEMENT AND ANY OTHER AGREEMENTS RELATING HERETO
      OR
      CONTEMPLATED HEREBY. ANY PARTY HERETO MAY FILE AN ORIGINAL COUNTERPART OR A
      COPY
      OF THIS SECTION 4.2 WITH ANY COURT AS WRITTEN EVIDENCE OF THE CONSENT OF EACH
      SUCH PARTY TO THE WAIVER OF ITS RIGHT TO TRIAL BY JURY. 

     

    
      
        
        

      

      
        9

        
          

        

      

      
        
        

      

    

     

    4.3 Waivers
      and Amendments.
      The
      waiver by any party hereto of a breach of any provision of this Agreement will
      not operate or be construed as a waiver of any subsequent breach, whether of
      a
      similar or dissimilar nature. No amendment to this Agreement will be effective
      unless it is in writing and signed by each of the parties hereto. No waiver
      of
      any term or condition hereunder will be effective unless it is in writing and
      signed by the party against whom such waiver is to be enforced. 

     

    4.4 Severability.
      If any
      provision of this Agreement or the application of any such provision to any
      person or circumstance is held invalid, illegal or unenforceable in any respect
      by a court of competent jurisdiction, such validity, illegality or
      unenforceability will not affect any other provision hereof.

     

    4.5 Interpretation.
      The
      headings contained in this Agreement are for reference purposes only and will
      not affect in any way the meaning or interpretation of this
      Agreement.

     

    4.6 Counterparts.
      This
      Agreement may be executed in one or more counterparts, all of which will be
      considered one and the same agreement, and will become effective when one or
      more such counterparts have been signed by each of the parties and delivered
      to
      the other parties.

     

    4.7 Successors
      and Assigns; No Third-Party Beneficiaries.
      This
      Agreement will inure to the benefit of, and be binding upon, the parties hereto
      and their respective successors and assigns; provided,
      however,
      that no
      party hereto may assign this Agreement, in whole or in part, to any other Person
      without the prior written consent of the other parties hereto. Nothing in this
      Agreement confers upon any Person that is not a party to this Agreement, or
      the
      legal representatives of such person or entity, any rights or remedies of any
      nature or kind whatsoever under or by reason of this Agreement.

     

    [The
      remainder of this page is intentionally left blank.]

    
      
        
        

      

      
        10

        
          

        

      

      
        
        

      

    

     

    IN
      WITNESS WHEREOF, the
      parties hereto have caused this Agreement to be duly executed as of the date
      first written above.

     

    CRC
      ACQUISITION CO. LLC

    
      	 	 	 	 
	
              By:

            	 	 	
            
	
              
                

              

              Name:

            	 	 	
            
	
              
                Title:

              

            	 	 	
            

    

     

    SIG
      ACQUISITION CORP.

    
      	 	 	 	 
	
              By:

            	 	 	
            
	
              
                
Name: Nigel
                P. Ekern

            	 	 	
            
	
              
                   
                  Title:   Treasurer
                  and Secretary

              

            	 	 	
            

    

     

    THE
      BANK
      OF NEW YORK

    
      	 	 	 	 
	
              By:

            	 	 	
            
	
              
                
Name:
                Ilona A. Kandarova

            	 	 	
            
	
              Title:  
                Assistant Vice President

            	 	 	
            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    SCHEDULE
      I

    

    Schedule
      of Fees

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    SCHEDULE
      II

     

    Telephone
      Numbers for Call-Backs and

    Persons
      Designated to Confirm Funds Transfer Instructions

    

    If
      to
      CRC ACQUISITION CO. LLC:

    

    Brendan
      P. VanDeventer or Thomas F. Golding

    

    (401)
      272-3020

    

    If
      to
      SIG Acquisition Corp.:

    

    Albert
      Weggeman, Nigel P. Ekern or Susan Luckfield

    

    (203)
      428-2000

    

    Telephone
      call-backs shall be made to each of the Seller and the Purchaser if joint
      instructions are required pursuant to this Agreement.Stock
      Option Agreement

    Net
      Perceptions, Inc.

    with

    Albert
      W. Weggeman

    

    Stock
      Option Agreement (the
      “Agreement”) made as of this 3rd day of October, 2006, by and between Net
      Perceptions, Inc., a Delaware corporation, having its principal office at One
      Landmark Square, 22nd Floor, Stamford, Connecticut 06901 (the “Company”), and
      Albert W. Weggeman, an individual residing at the address set forth on the
      signature page hereof (the “Optionee”).

    

    Whereas,
      the
      Company and the Optionee have entered into an employment agreement dated as
      of
      September 22, 2006 (the "Employment Agreement"), pursuant to which the Optionee
      shall serve as the Company's President and Chief Executive Officer;
      and

    

    Whereas,
      the
      Employment Agreement provides that the Company shall issue options to the
      Optionee with terms and provisions as set forth in a stock option agreement
      in a
      form satisfactory to the Company, and the parties hereto intend that this
      Agreement shall constitute such agreement.

    

    Now,
      Therefore, the
      parties agree as follows:

    

    1.    Option
      Grant.
      Subject
      to the provisions hereinafter set forth, the Company hereby grants to the
      Optionee, as of October 3, 2006 (the “Grant Date”), the right, privilege and
      option (the “Option” or "Options") to purchase all or any part of an aggregate
      of 2,491,419 shares (the “Shares”) of common stock of the Company,
      $0.0001 par
      value
      per share (the “Common Stock”), such number being subject to adjustment as
      provided in Section 7 hereof. 

    

    2.     Exercise
      Price.
      Subject
      to adjustment as provided in Section 7 hereof, the purchase price of the Common
      Stock as to which this Options may be exercised (the “Exercise Price”) shall be
      $0.64 per Share.

    

    3.    Exercise
      of Options.
      The term
      of the Options shall be for a period of ten (10) years from the Grant Date
      and
      shall expire without further action being taken at 5:00 p.m., Eastern United
      States time, on the tenth anniversary of the Grant Date (or, if such date is
      a
      Saturday, Sunday or legal holiday, on the last day prior to such anniversary
      date as is not a Saturday, Sunday or legal holiday), subject to earlier
      termination as provided in Section 5 hereof (the “Expiration Date”). The Options
      may be exercised at any time, or from time to time, prior to the Expiration
      Date
      as to any part or all of the Options when vested in accordance with Section
      4
      below.

    

    4.    Vesting. The
      Options shall vest in accordance with the following schedule:

    

    4.1    Options
      to purchase 1,245,709 Shares (the "Time-vesting Options") shall vest in
      thirty-six equal monthly consecutive tranches commencing on November 3,
      2006.

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    4.2    Options
      to purchase 1,245,710 Shares (the "Performance Options") shall vest as
      follows:

    

    (a)    415,237
      Performance Options (the “First Performance Options”) shall vest as of March 31,
      2008, if the Company’s EBITDA for the year ending December 31, 2007
      (“Year 1”) is not less than $13,800,000 (the “Year 1 Target”); if the Year
      1 Target is not achieved, and if the sum of the Company’s EBITDA for the years
      ending December 31, 2007 and 2008 is not less than the sum of the Year 1 Target
      plus the Year 2 Target (as defined below), then the First Performance Options
      shall vest, as of March 31, 2009.

    

    (b)    415,237
      Performance Options (the “Second Performance Options”) shall vest as of March
      31, 2009, if the Company’s EBITDA for the year ending December 31, 2008
      (“Year 2”) is not less than $15,700,000 (the “Year 2 Target”); if the Year
      2 Target is not achieved, and if the sum of the Company’s EBITDA for the years
      ending December 31, 2008 and 2009 is not less than the sum of the Year 2 Target
      plus the Year 3 Target (as defined below), then the Second Performance Options
      shall vest, as of March 31, 2010.

    

    (c)    415,236
      Performance Options (the “Third Performance Options”) shall vest as of March 31,
      2010, if the Company’s EBITDA for the year ending December 31, 2009
      (“Year 3”) is not less than $17,200,000 (the “Year 3 Target”); if
      (i) the Year 3 Target is not achieved, and (ii) the Company renews the
      employment agreement of the Employee for another three-year term, and
      (iii) the sum of the Company’s EBITDA for the years ending December 31,
      2009 and 2010 is not less than the sum of the Year 3 Target plus the Year 4
      Target (as defined hereinafter), then the Third Performance Options shall vest,
      as of March 31, 2011. “Year 4 Target” means an amount of the Company’s EBITDA
      for the year ending December 31, 2010 that will be agreed upon by the parties
      in
      the renewed employment agreement, if any.

    

    (d)    For
      purposes hereof, "EBITDA" shall mean earnings before interest, taxes,
      depreciation and amortization, without giving effect to any acquisitions from
      and after the commencement of the Optionee's employment with the Company, and
      shall be determined by the Company on a consistent basis by reference to the
      Company’s audited financial statements included in its annual report on Form
      10-K for the relevant year. For the years ending December 31, 2006 and 2007,
      EBITDA as aforesaid shall be increased by the amount of expenses relating to
      the
      acquisition and financing on October 3, 2006, of Concord Steel and Wilmington
      Steel to the extent such expenses are not capitalized and
      amortized.

    

    5.    Termination.

    

    5.1    Termination
      for Any Reason Except Death, Disability or Cause.
      If
      Optionee is terminated for any reason other than Optionee’s death, permanent
      disability or cause (each as defined in Section 7(a) and 7(b) of the Employment
      Agreement), then this Option, to the extent (and only to the extent) that it
      is
      vested in accordance with the provisions of Section 4 hereof on the effective
      date of termination, may be exercised by Optionee no later than thirty (30)
      days
      after said date , but in any event no later than the Expiration
      Date.

    

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

    5.2    Termination
      Because of Death or Disability.
      If
      Optionee is terminated because of death or permanent disability of Optionee
      pursuant to Section 7(a) of the Employment Agreement, then this Option, to
      the
      extent that it is vested in accordance with the schedule set forth in Section
      4
      hereof on the date of termination, may be exercised by Optionee (or Optionee’s
      legal representative or authorized assignee) no later than twelve (12) months
      after the date of termination, but in any event no later than the Expiration
      Date.

    

    5.3    Termination
      for Cause by the Company, or Voluntarily by the Optionee.
      If an
      Optionee is terminated pursuant to Section 7(b) ("Cause") of the Employment
      Agreement, or if the Optionee voluntarily terminates his employment, neither
      the
      Optionee, nor the Optionee’s estate nor such other person who may then hold the
      Option shall be entitled to exercise any Option with respect to any Shares
      whatsoever, whether or not the Optionee may receive payment from the Company
      or
      any subsidiary, after such termination, for vacation pay, for services rendered
      prior to termination, for services rendered for the day on which termination
      occurs, for salary in lieu of notice, or for any other benefits. For the purpose
      of this paragraph, termination of service shall be deemed to occur on the date
      when the Company dispatches notice or advice to the Optionee that Optionee’s
      service is terminated.

    

    5.4    No
      Obligation to Employ.
      Nothing
      in this Agreement shall confer on Optionee any right to continue in the employ
      of, or other relationship with, the Company, a Subsidiary or an Affiliate,
      or
      limit in any way the right of the Company or any Affiliate or Subsidiary of
      the
      Company to terminate Optionee’s employment or other relationship at any time,
      with or without Cause. This Agreement does not constitute an employment or
      other
      service contract. This Agreement does not guarantee employment or other service
      for the length of time of the vesting schedule or for any portion thereof as
      set
      forth herein.

    

    6.    Manner
      of Exercise.

    

    6.1    Stock
      Option Exercise Procedures.
      To
      exercise this Option, Optionee (or in the case of exercise after Optionee’s
      death, Optionee’s executor, administrator, heir or legatee, as the case may be)
      shall execute and deliver to the Company an option exercise notice (the "Option
      Exercise Notice" or "Exercise Notice"), and pay the Exercise Price with respect
      to the number of Options then being exercised, by immediately available funds.
      Exercise of the Options shall not be deemed effective until receipt of the
      Exercise Notice and payment of the full amount of consideration for the Options
      then being exercised, together with such additional documents and information
      as
      the Company may reasonably require.

    

    6.2    Limitations
      on Exercise.
      This
      Option may not be exercised unless such exercise is in compliance with all
      applicable federal and state securities laws, as they are in effect on the
      date
      of exercise. 

    

    6.3    Payment.
      An
      exercise of this Option shall be accompanied by full payment of the aggregate
      Exercise Price for the Shares being purchased (a) in cash (by check), or (b)
      provided that a public market for the Company’s stock exists: (1) through a
“same day sale” commitment from Optionee and a broker-dealer that is a member of
      the National Association of Securities Dealers (an “NASD Dealer”) whereby
      Optionee irrevocably elects to exercise this Option and to sell a portion of
      the
      Shares so purchased to pay for the aggregate Exercise Price and whereby the
      NASD
      Dealer irrevocably commits upon receipt of such Shares to forward the aggregate
      Exercise Price directly to the Company; or (2) through a “margin” commitment
      from Optionee and an NASD Dealer whereby Optionee irrevocably elects to exercise
      this Option and to pledge the Shares so purchased to the NASD Dealer in a margin
      account as security for a loan from the NASD Dealer in the amount of the
      aggregate Exercise Price, and whereby the NASD Dealer irrevocably commits upon
      receipt of such Shares to forward the aggregate Exercise Price directly to
      the
      Company. Notwithstanding the foregoing, the Board of Directors, in its absolute
      discretion, may allow for the full payment of the aggregate Exercise Price
      for
      the Shares being purchased to be made by any other method which is in accordance
      with the provisions hereof.

    

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

    6.4    Tax
      Withholding.
      Prior
      to the issuance of the Shares upon exercise of this Option, Optionee must pay
      or
      provide for any applicable federal or state withholding obligations of the
      Company. If the Board of Directors permits, the Optionee may provide for payment
      of withholding taxes upon exercise of this Option by requesting that the Company
      retain Shares with a Fair Market Value (determined as of the date that the
      tax
      must be withheld) equal to the amount of taxes required to be withheld. In
      such
      case, the Company shall issue the net number of Shares to the Optionee by
      deducting the Shares retained from the Shares issuable upon
      exercise.

    

    6.5    Issuance
      of Shares.
      Provided that the exercise procedures, including payment, are completed in
      accordance with the provisions hereof, the Company shall issue the Shares
      registered in the name of Optionee, Optionee’s authorized assignee, or
      Optionee’s legal representative, and shall deliver certificates representing the
      Shares with the appropriate legends affixed thereto.

    

    7.    Certain
      Adjustments.

    

    7.1    In
      the
      event of a payment of a stock dividend or the declaration and effecting of
      a
      stock split (including a reverse stock split):

    

    (i)    the
      number of Shares acquirable upon exercise of Options then unexercised shall
      be
      adjusted to the number determined by multiplying the number of Shares by a
      fraction (which may be greater than 1), of which the numerator
      shall
      equal the number of shares of Common Stock issued and outstanding immediately
      after such stock dividend or stock split, and the denominator
      shall be
      the number of the shares of Common Stock issued and outstanding immediately
      prior to the declaration of such stock dividend or stock split; and

    

    (ii)    the
      Exercise Price per Share acquirable upon exercise of Options then unexercised
      shall be adjusted to the number determined by multiplying the Exercise Price
      by
      a fraction (which may be greater than 1), of which the numerator
      shall
      equal the number of the shares of Common Stock issued and outstanding
      immediately prior to the declaration of such stock dividend or stock split,
      and
      the denominator
      shall
      equal the number of shares of Common Stock issued and outstanding immediately
      after such stock dividend or stock split.

    

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

    7.2    If
      the
      Company is a party to a merger, consolidation or other similar reorganization
      (collectively, a "Reorganization"), and the Company is not the surviving entity
      in the Reorganization, the Options shall be subject to the provisions of such
      agreement or plan of Reorganization. Such agreement or plan shall provide for
      any one or more of the following:

    

    (i)    the
      assumption of the Options by the surviving entity in the Reorganization, or
      any
      parent or subsidiary thereof;

    

    (ii)    the
      substitution by the surviving entity or any parent or sub-si-diary thereof
      of
      options to acquire securities of the surviving entity or any parent or
      subsidiary thereof;

    

    (iii)    the
      immediate full vesting and accelerated expiration of the Options;

    

    (iv)    settlement
      of the value of the Options in cash or cash equivalents, followed immediately
      by
      cancellation of the Options.

    

    The
      terms
      of any of the foregoing shall be in the absolute discretion of the Company
      and
      the other parties to the Reorganization.

    

    8.    Compliance
      With Laws and Regulations.
      The
      exercise of this Option and the issuance and transfer of Shares to the Optionee
      shall be subject to compliance by the Company and Optionee with (i) all
      applicable requirements of federal and state securities laws, (ii) all
      ap-plicable requirements of any stock exchange on which the Company’s Common
      Stock may be listed and (iii) any applicable policy of the Company regarding
      the
      trading of securities of the Com-pany, each at the time of such issuance and
      transfer. Optionee understands that the Com-pany is under no obligation to
      register or qualify the Shares with the Securities and Exchange Com-mission,
      any
      state securities commission or any stock exchange or market to effect such
      compliance.

    

    9.    Nontransferability
      of Option.
      This
      Option may not be transferred in any manner other than transfers by will or
      by
      the laws of descent and distribution or to members of the Optionee’s immediate
      family, to trusts solely for the benefit of such immediate family members and
      to
      partnerships or limited liability companies in which such family members and/or
      trusts are the only partners or members, as the case may be. For this purpose,
      “immediate family” means the Optionee’s spouse, parents, children, stepchildren,
      grandchildren and legal dependants. Any transfer of Options made under this
      provision will not be effective until notice of such transfer is delivered
      to
      the Company. The terms of this Option shall be binding upon the executors,
      administrators, successors and assigns of Optionee. No purported transfer shall
      be deemed effective unless accomplished in accordance with applicable federal
      and state securities laws.

    

    
      
         

      

      
        5

        
          

        

      

      
         

      

    

    10.    Privileges
      of Stock Ownership.
      Optionee
      shall not have any of the rights of a stockholder with respect to any Shares
      until the Shares are issued to Optionee.

    

    11.    Interpretation.
      Any
      dispute regarding the interpretation of this Agreement shall be submitted by
      Optionee or the Company to the Board of Directors for review. The resolution
      of
      such a dispute by the Board of Directors shall be final and binding on the
      Company and Optionee.

    

    12.    Entire
      Agreement.
      This
      Agreement and those portions of the Employment Agreement referred to herein
      constitute the entire agreement and understanding of the parties hereto with
      respect to the subject matter hereof and supersede all prior understandings
      and
      agreements with respect to such subject matter; provided,
      however,
      that any
      agreement, covenant or undertaking by the Optionee with respect to the sale
      or
      any other transfer of any capital stock of the Company, whether in force on
      the
      date hereof or hereafter made, is deemed incorporated herein and made a part
      hereof..

    

    13.    Notices.
      Any
      notice required to be given or delivered to the Company under the terms of
      this
      Agreement shall be in writing and addressed to the Corporate Secretary of the
      Company at its principal corporate offices. Any notice required to be given
      or
      delivered to Optionee shall be in writing and addressed to Optionee at the
      address indicated above or to such other address as such party may designate
      in
      writing from time to time to the Company. All notices shall be deemed to have
      been given or delivered upon: personal delivery; three (3) days after deposit
      in
      the United States mail by certified or registered mail (return receipt
      requested); one (1) business day after deposit with any return receipt express
      courier (prepaid); or one (1) business day after transmission by
      facsimile.

    

    14.    Successors
      and Assigns.
      The
      Company may assign any of its rights under this Agreement. This Agreement shall
      be binding upon and inure to the benefit of the successors and assigns of the
      Company. Subject to the restrictions on transfer set forth herein, this
      Agreement shall be binding upon Optionee and Optionee’s heirs, executors,
      administrators, legal representatives, successors and assigns.

    

    15.    Governing
      Law.
      This
      Agreement shall be governed by and construed in accordance with the laws of
      the
      State of Delaware, applicable to agreements made and to be performed entirely
      within such state, other than conflict of laws principles thereof directing
      the
      application of any law other than that of Delaware.

    

    16.    Acceptance;
      Tax Consequences.
      Optionee
      hereby acknowledges receipt of a copy of this Agreement. Optionee has read
      and
      understands the terms and provisions of the Agreement and accepts this Option
      subject to all the terms and conditions of this Agreement. Optionee
      acknowledges that there may be adverse tax consequences upon exercise of this
      Option or disposition of the Shares and that the Company has advised Optionee
      to
      consult a tax advisor prior to such exercise or
      disposition.

    

    
      
         

      

      
        6

        
          

        

      

      
         

      

    

    17.    Covenants
      of the Optionee. The
      Optionee agrees (and for any heir, executor, administrator, legal
      representative, successor, or assignee hereby agrees), as a condition upon
      exercise of the Option granted hereunder:

    

    (a)    Upon
      the
      request of the Board of Directors, to execute and deliver a certificate, in
      form
      satisfactory to the Board of Directors, certifying that the Shares being
      acquired upon exercise of the Option are for such person’s own account for
      investment only and not with any view to or present intention to resell or
      distribute the same. The Optionee hereby agrees that the Company shall have
      no
      obligation to deliver the Shares issuable upon exercise of the Option unless
      and
      until such certificate shall be executed and delivered to the Company by the
      Optionee or any successor.

    

    (b)    Upon
      the
      request of the Board of Directors, to execute and deliver a certificate, in
      form
      satisfactory to the Board of Directors, certifying that any subsequent resale
      or
      distribution of the Shares by the Optionee shall be made only pursuant to either
      (i) a Registration Statement on an appropriate form under the Securities Act
      of
      1933, as amended (the “Securities Act”), which Registration Statement has become
      effective and is current with regard to the Shares being sold, or (ii) a
      specific exemption from the registration requirements of the Securities Act,
      but
      in claiming such exemption the Optionee shall, prior to any offer of sale or
      sale of such Shares, obtain a prior favorable written opinion of counsel, in
      form and substance satisfactory to counsel for the Company, as to the
      application of such exemption thereto. The foregoing restriction contained
      in
      this subparagraph (b) shall not apply to (i) issuances by the Company so long
      as
      the Shares being issued are registered under the Securities Act and a prospectus
      in respect thereof is current, or (ii) re-offerings of Shares by Affiliates
      of
      the Company (as defined in Rule 405 or any successor rule or regulation
      promulgated under the Securities Act) if the Shares being re-offered are
      registered under the Securities Act and a prospectus in respect thereof is
      current.

    

    (c)    That
      certificates evidencing Shares purchased upon exercise of the Option shall
      bear
      a legend, in form satisfactory to counsel for the Company, manifesting the
      investment intent and resale restrictions of the Optionee described in this
      Section.

    

    (d)    That
      upon
      exercise of the Option granted hereby, or upon sale of the Shares purchased
      upon
      exercise of the Option, as the case may be, the Company shall have the right
      to
      require the Optionee to remit to the Company, or in lieu thereof, the Company
      may deduct, an amount of shares or cash sufficient to satisfy federal, state
      or
      local withholding tax requirements, if any, prior to the delivery of any
      certificate for such Shares or thereafter, as appropriate.

    

    18.    Obligations
      of the Company

    

    18.1    Upon
      the
      exercise of this Option in whole or in part, the Company shall cause the
      purchased Shares to be issued only when it shall have received the full payment
      of the aggregate Exercise Price in accordance with the terms of this
      Agreement.

    

    
      
         

      

      
        7

        
          

        

      

      
         

      

    

    18.2    The
      Company shall cause certificates for the Shares as to which the Option shall
      have been exercised to be registered in the name of the person or persons
      exercising the Option, which certificates shall be delivered by the Company
      to
      the Optionee only against payment of the full Exercise Price in accordance
      with
      the terms of this Agreement for the portion of the Option exercised.

    

    18.3    In
      the
      event that the Optionee shall exercise this Option with respect to less than
      all
      of the Shares of Common Stock that may be purchased under the terms hereof,
      the
      Company shall issue to the Optionee a new Option, duly executed by the Company
      and the Optionee, in form and substance identical to this Option, for the
      balance of Shares of Common Stock then issuable pursuant to the terms of this
      Option.

    

    18.4    Notwithstanding
      anything to the contrary contained herein, neither the Company nor its transfer
      agent shall be required to issue any fraction of a Share of Common Stock in
      connection with the exercise of this Option, and the Company shall, upon
      exercise of this Option in whole or in part, issue the largest number of whole
      Shares of Common Stock to which this Option is entitled upon such full or
      partial exercise and shall return to the Optionee the amount of the aggregate
      Exercise Price paid by the Optionee in respect of any fractional
      Share.

    

    18.5    The
      Company may endorse such legend or legends upon the certificates for Shares
      issued to the Optionee and may issue such “stop transfer” instructions to its
      transfer agent in respect of such Shares as, in its discretion, it determines
      to
      be necessary or appro-priate to: (i) prevent a violation of, or to perfect
      an
      exemption from, the registration requirements of the Securities Act; (ii)
      implement the provisions of this Agreement and any agreement between the Company
      and the Optionee with respect to such Shares; or (iii) permit the Company to
      determine the occurrence of a disqualifying disposition, as described in Section
      421(b) of the Code, of Shares transferred upon exercise of an incentive stock
      option granted pursuant to this Agreement.

    

    18.6    The
      Company shall pay all issue or transfer taxes with respect to the issuance
      or
      transfer of Shares to the Optionee, as well as all fees and expenses necessarily
      incurred by the Company in connection with such issuance or transfer, except
      fees and expenses which may be necessitated by the filing or amending of a
      Registration Statement under the Securities Act, which fees and expenses shall
      be borne by the Optionee, unless such Registration Statement under the
      Securities Act has been filed by the Company for its own corporate purposes
      (and
      the Company so states) in which event the Optionee shall bear only such fees
      and
      expenses as are attributable solely to the inclusion of the Shares he or she
      receives in the Registration Statement.

    

    18.7    All
      Shares issued following exercise of the Option and the payment of the Exercise
      Price in accordance with the terms of this Agreement therefore shall be fully
      paid and non-assessable to the extent permitted by law.

    

    
      
         

      

      
        8

        
          

        

      

      
         

      

    

    19.    Miscellaneous

    

    19.1    If
      the
      Optionee loses this Agreement representing the Option granted hereunder, or
      if
      this Agreement is stolen or destroyed, the Company shall, subject to such
      reasonable terms as to indemnity as the Board of Directors, in its absolute
      discretion shall require, enter into a new option agreement pursuant to which
      the Company shall issue a new Option, in form and substance identical to this
      Option, and in substitution for, the Option so lost, stolen or destroyed, and
      in
      the event this Agreement representing the Option shall be mutilated, the Company
      shall, upon the surrender hereof, enter into a new option agreement pursuant
      to
      which the Company shall issue a new Option, in form and substance identical
      to
      this Option, and in substitution for, the Option so mutilated.

    

       19.2    This
      Agreement cannot be amended, supplemented or changed, and no provision hereof
      can be waived, except by a written instrument making specific reference to
      this
      Agreement and signed by the party against whom enforcement of any such
      amendment, supplement, modification or waiver is sought. A waiver of any right
      derived hereunder by the Optionee shall not be deemed a waiver of any other
      right derived hereunder.

     

    19.3    This
      Agreement may be executed in any number of counterparts, but all counterparts
      will together constitute but one agreement.

    

    19.4    Any
      dispute regarding the interpretation of this Agreement shall be submitted by
      Optionee or the Company for review. The resolution of such a dispute by Company
      shall be final and binding on the Company and Optionee.

    

    [Signature
      page follows:]

    

    
      
         

      

      
        9

        
          

        

      

      
         

      

    

    In
      Witness Whereof,
      the
      Company has caused this Stock Option Agreement to be executed in duplicate
      by
      its duly authorized representative, and Optionee has executed this Agreement
      in
      duplicate.

    

    

    
      	
              Optionee:

               

               

              __________________________________

              Albert
                W. Weggeman

            	
              Net
                Perceptions, Inc.

               

               

              By:_____________________________________

              Nigel
                P. Ekern,

              Chief
                Administrative Officer

            
	
              Optionee's
                Address:

               

              _______________________________

               

              _______________________________

               

              _______________________________

               

              _______________________________

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