Document:

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                                                                   EXHIBIT 10.34

                                      GTP

                                Juniper Networks

                Professional Services Alliance Agreement Between

                      Greenwich Technology Partners, Inc.

                                      AND

                             Juniper Networks, Inc.

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This Professional Services Alliance Agreement (the "Agreement") is effective as
of May 30, 2000 by and between Juniper Networks, Inc., a Delaware corporation
with offices at 385 Ravendale Drive, Mountain View, CA 94043 (hereinafter
referred to as "Juniper Networks") and Greenwich Technology Partners, Inc., a
Delaware corporation with offices at 123 Main St, White Plains, NY 10601
(hereinafter referred to as "GTP"):

All exhibits are included herein by reference and/or attachment as integral
parts of this Agreement:

In consideration of the mutual covenants hereinafter set forth, the parties
agree as follows:

1.   DEFINITIONS

     1.1  Confidential Information:  means: (i) the Product, including software
          in object and source code form, and any related technology, ideas,
          algorithms or information contained therein, and any trade secrets
          related to any of the foregoing; (ii) either parts product plans,
          costs, prices, customer names, non-published financial information,
          marketing plans, business opportunities, personnel, research,
          development or know-how; (iii) any information designated by the
          disclosing party as confidential in writing or, if disclosed orally,
          designated as confidential at the time of disclosure and reduced to
          writing and designated as confidential in writing within 30 days; and
          (iv) the terms and conditions of this Agreement. "Confidential
          Information" will not include information that: (a) is or becomes
          generally known or available by publication, commercial use or
          otherwise through no fault of the receiving party; (b) is known and
          has been reduced to tangible form by the receiving party at the time
          of disclosure and is not subject to restriction; (c) is independently
          developed by the receiving party without use of the disclosing party's
          Confidential Information; (d) is lawfully obtained from a third party
          who has the right to make such disclosure, (e) is released for
          publication by the disclosing party in writing; or (f) is disclosed
          pursuant to court order, requirements of any governmental agency or as
          otherwise required by law, after giving the disclosing party advance
          notice of such required disclosure and after assisting the disclosing
          party in its reasonable efforts to prevent or limit such disclosure.

     1.2  End-user:  means a third party purchasing the Products (and licensing
          any related software) from Juniper Networks or Juniper Networks'
          resellers solely for internal use and without the right to license,
          assign or otherwise transfer such Product to any other third party.

     1.3  GTP Services:  means all of the responsibilities of GTP hereunder or
          services performed pursuant to this Agreement.

     1.4  Pre-Existing Intellectual Property:  means intellectual property
          developed, owned or licensed by or to GTP which is incorporated into
          or otherwise utilized by GTP in the performance of GTP's
          responsibilities hereunder.
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     1.5  Products:  means the choice of Juniper Networks products represented
          on Juniper Networks' most recent price list and purchased by an End-
          user.

     1.6  Support Services:  means the support services provided by Juniper
          Networks to GTP, but only to the extent they relate to the Products.

     1.7  Telephone Support:  means technical, telephone assistance provided by
          Juniper Networks to GTP qualified individuals on a 7 x 24 basis,
          excluding Juniper Networks recognized holidays, concerning the use of
          the Products.

     1.8  Term:  Means a period of three years from the effective date of this
          Agreement, with automatic renewal for successive one-year periods, up
          to five years with the mutual consent of both parties.

     1.9  Service Programs:  means deployment, managed deployment, and resident
          engineer services provided by GTP.

     1.10  Work Product:  means anything prepared by GTP for or on behalf of an
          End-user or Juniper Networks pursuant to this Agreement, including
          without limitation any and all intellectual property that is results
          therefrom or is incorporated therein.

          Tools, software, methodologies, analytical techniques, and other aids
          or approaches used in developing the Work Product, which does not
          ultimately end up as part of the Work Product shall remain the
          exclusive property of GTP and would not be subject to the terms and
          conditions of the Agreement. GTP will inform Juniper Networks in
          writing of any tools, software, methodologies, analytical techniques,
          and other aids or approaches developed as part of a statement of work
          and subject to all terms and conditions in the Agreement.

2.   INTENT

     2.1  Purpose.  The purpose behind the Agreement is to create a relationship
          between GTP and Juniper Networks pursuant to which GTP will be able to
          provide Juniper Networks with professional network services capability
          in North America. GTP will be able to provide such services by
          utilizing its expertise in strategy, design, architecture,
          implementation and overall network technology combined with its
          industry-specific knowledge. In addition, GTP will be able to offer
          End-users an integrated service offering to help End-users define
          strategies and implement those strategies. The parties also expect to
          engage in the following activities:

               .  Lead sharing
               .  Training and certification
               .  Joint customer visits
               .  Joint engagements, and
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                                      -3-

               .  Joint marketing opportunities.

     2.2  Premier Service Provider Agreement.  This Agreement sets forth the
          terms and conditions under which Juniper Networks appoints, and GTP
          accepts such appointment, as a premier provider for Juniper Networks
          for professional services in North America. Juniper Networks agrees
          that GTP's status as a service provider is and shall remain the
          highest-level professional services affiliation available.

     2.3  Right of First Refusal.  Juniper Networks agrees that GTP shall have a
          right of first refusal for the offering of the Service Programs,
          unless the End-user involved already has a preferred service provider.

     2.4  Compliance.  Each party agrees that it shall provide to the other the
          necessary information as reasonably required by the other party to
          ensure compliance with this Agreement.

3.   OWNERSHIP OF DERIVATIVE PRODUCTS

     3.1  Ownership and Retention of Rights - All right, title and interest in
          and to the Work Product shall be exclusively vested in Juniper
          Networks. Juniper Networks shall have the right, at its own expense,
          to obtain and to hold in its own name copyrights, registrations,
          patents, or such other protection as may be appropriate to said Work
          Product. GTP acknowledges that such Work Product shall be deemed a
          work-made-for-hire and hereby relinquishes any claim to, or interest
          in, the Work Product. In the event GTP or a third party is deemed to
          be the author for copyright purposes or the inventor for patent
          purposes of any Work Product, GTP agrees to assign or cause such third
          party to assign, and assigns to Juniper Networks tiny and all
          copyrights, patent rights or other intellectual property or rights and
          interests therein. Both parties understand that there is knowledge and
          experience gained in the development of the Work Product. The
          knowledge and experience of the engineer or consultant developing the
          Work Product, remains the property of GTP. All ownership rights of
          Work Product for a specific End-user or project are contingent on
          payment in full by Juniper Networks of applicable invoices.

          GTP shall insert a proper statutory copyright notice at an appropriate
          location on copyrightable material, and on all portions and on all
          related items which may be subject to copyright protection, which
          copyright notice shall specify Juniper Networks as the sole copyright
          owner.

          The parties acknowledge and agree that the GTP Services to be provided
          hereunder may incorporate Pre-Existing Intellectual Property. GTP
          hereby grants to Juniper Networks a non-exclusive, worldwide, fully-
          paid up, irrevocable and perpetual license to use such Pre-Existing
          Intellectual Property as necessary or appropriate to Juniper Networks'
          practice of and enjoyment of its rights of
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                                      -4-

          ownership to, and use of, the Work Product and to make derivative
          works therefrom, provided that GTP retains all ownership rights and
          title to the Pre-Existing Intellectual Property. Juniper Networks may
          not sell or give to third parties or share Pre-Existing Intellectual
          Property with any third party other than the End-user for which GTP is
          providing services under this Agreement. GTP further agrees to give
          Juniper Networks, all such information and to execute all such
          additional documents as may be reasonably required to perfect Juniper
          Networks' rights to the foregoing license.

4.   JUNIPER NETWORKS RESPONSIBILITIES

     4.1  Promotion of Services.  Juniper Networks shall use all reasonable
          efforts to: (i) successfully promote, and solicit orders for Service
          Programs on a continuing basis; (ii) comply with good business
          practices and all applicable laws and regulations, and (iii)
          diligently perform all other duties as mutually agreed upon herein.

     4.2  Providing Support Services.  Juniper Networks shall offer Support
          Services to GTP that assist GTP in reaching optimum performance of,
          and resolving problem with the Products. At a minimum, Juniper
          Networks shall be able to:

          4.2.1.  Answer general pre-sales and postsales questions, including
                  but not limited to questions pertaining to basic integration
                  and operation of the Products as needed.
          4.2.2.  Provide all necessary technical and customer information to
                  allow GTP to recreate any reported problem in its lab.
          4.2.3.  Grant GTP access to Juniper Networks problem resolution
                  databases, tech notes and related materials.
          4.2.4.  As needed, at the sole discretion of the Juniper Networks,
                  qualified Juniper Networks personnel will be provided at no
                  cost to assist GTP in the fulfillment of Services Programs.

     4.3  Support Agreement.  Juniper Networks shall make all reasonable efforts
          to insure that an End-user has an active and current Support Agreement
          prior to offering GTP Services under a Service Program. GTP shall not
          provide the same or similar services provided in the Juniper Networks
          support agreement for End-users or customers without a support
          agreement between such End-user and Juniper Networks in place.

     4.4  Problem Resolution.  Each party shall keep the other informed as to
          any problems encountered with the Products and as to any resolutions
          arrived at for those problems.  Juniper Networks shall use reasonable
          efforts to communicate promptly to GTP any and all modifications,
          design changes, or improvements to the Products.
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                                      -5-

     4.5  Notification.  Each employee or agent of Juniper Networks shall be
          bound to comply with, and hold as Confidential Information, the terms
          and conditions of this Agreement.

5.   GTP RESPONSIBILITIES

     5.1  Promotion of Services.  GTP shall use reasonable efforts to; (i)
          source, train, and certify engineers and consultants to support
          Service Program requirements; (ii) comply with good business practices
          and all applicable laws and regulations, and (iii) diligently perform
          all other duties, including the GTP Services, as mutually agreed upon
          herein.

     5.2  Service Offering.  GTP shall be responsible for delivery of Servile
          Programs at End-users' facilities.

     5.3  Compliance with Laws.  GTP shall be responsible for complying with the
          laws and regulations applicable in the territory, or any nation, or
          political subdivision thereof, in which it engages in business in
          performing its responsibilities hereunder.

     5.4  Collateral.  GTP will furnish in electronic form any additional
          marketing, promotional or other sales materials ("Collateral") as GTP
          may create and deem useful to assist Juniper Networks in its marketing
          efforts with respect to Service Programs. Juniper Networks will
          furnish in electronic form any additional marketing, promotional or
          other sales materials ("Collateral") as Juniper Networks may create
          and deem useful to assist GTP in its marketing efforts with respect to
          Service Programs.

     5.5  Notification of Employees.  Each employee or agent of GTP shall be
          bound to comply with, and hold as Confidential Information, the terms
          and conditions of this Agreement and any related subcontract.

6.   SUPPORT SERVICES

     6.1  Juniper Networks Provided Support.  During the term, Juniper Networks
          agrees that it shall use all reasonable efforts to provide the Support
          Services specified in Article 4.2 to GTP.

7.   SUBCONTRACTING

     7.1  Juniper Networks as Prime Contractor.  During the Term, Juniper
          Networks will function as the prime contractor to the End-user.
          Juniper Networks will subcontract work to GTP for Service Programs, in
          accordance with terms specified in Exhibit A, Sub-Contractor
          Agreement.
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     7.2  GTP as Prime Contractor.  During the Term, Juniper may elect to
          appoint GTP as the prime contractor to the End-user.  Where GTP is the
          prime contractor, GTP will establish direct relationship with the End-
          user and all contractual and billing obligations shall be between GTP
          and the End-user. GTP will provide Juniper Networks regular status
          reports on End-user engagements where GTP is the prime contractor.

     7.3  Sub-Contracting.  All services to be performed under this Agreement,
          may be performed by GTP or by third parties designated by GTP provided
          that such third parties have been approved in writing in advance by
          Juniper Networks.

     7.4  Referrals - All referrals provided by Juniper Networks will be the
          sole responsibility of GTP unless otherwise designated by Juniper
          Networks. GTP agrees to provide Juniper Networks with general status
          update on referral opportunities.

8.   TERM AND TERMINATION

     8.1  Term and Termination for Cause.  The term of this Agreement shall be
          three years from the effective date hereof; provided, however that
          either party has the right to terminate this Agreement if the other
          party breaches or is in default of any obligation hereunder, including
          the failure to make any payment when due, which default is incapable
          of cure or which, being capable of cure, has not been cued within
          thirty (30) days after receipt of written notice from the non-
          defaulting party or within such additional cure period as the non-
          defaulting party may authorize.

     8.2  Action against Either Party.  Either party may terminate this
          Agreement in the event of filing by or against either party of any
          action under any federal, state or other applicable bankruptcy or
          insolvency law, which is not dismissed or otherwise favorably resolved
          within thirty (30) days of such event.

     8.3  No Harm Upon Termination.  Except as otherwise expressly provided
          herein, upon the expiration or lawful termination of this Agreement,
          neither party shall be entitled to, and to the fullest extent
          permitted by law waives, any statutorily prescribed or other
          compensation, reimbursement or damages for loss of goodwill,
          clientele, prospective profits, investments or anticipated sales or
          commitments of any kind.

     8.4  Responsibilities Upon Termination.  Nothing in this Agreement ill
          affect: (i) the rights and liabilities of either party with respect to
          Products or services sold prior to termination; (ii) any indebtedness
          then owing by either party to the other; (iii) obligations imposed by
          the provisions of this Agreement which expressly survive termination,
          or (iv) any liability for damages resulting from an actionable breach.
          Upon termination, GTP agrees to complete any Work in progress (unless
          Juniper Networks notifies GTP otherwise) and Juniper Networks will pay
          GTP for all such Work performed.
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                                      -7-

     8.5  Survival of Terms.  All terms and conditions of this agreement, which
          should by their nature survive their termination of the agreement with
          GTP, shall so survive.

9.   RELATIONSHIP OF THE PARTIES

     9.1  No Agency.  Nothing contained in this Agreement shall be construed to
          give either party the power to director control the day-to-day
          activities of the other.

     9.2  Non-Solicitation.  During the term of this Agreement and for a period
          of one (1) year after its termination, each party agrees not, in any
          way, directly or indirectly, to hire or solicit for hire as an
          employee, consultant or otherwise any personnel of the other without
          the other party's express written consent.

     9.3  Joint Opportunities.  Juniper Networks and GTP will pursue on all
          reasonable basis technical and marketing opportunities to provide
          value-added services and competitively differentiating solutions to
          End-users. In this regard, Juniper Networks and GTP agree to the
          following:

          9.3.1.  Cost of such programs and developments shall be negotiated on
               a case-by-case basis on a good faith basis between the parties.
          9.3.2.  All marketing costs shall be borne by each party implementing
               such program, unless prior agreement to share costs has been
               established.
          9.3.3.  Each party shall provide links from each parts web site to the
               other party's web site in a consistent manner.

     9.4  Indemnification.  GTP shall indemnify and hold Juniper Networks
          harmless from and defend Juniper Networks against any and all claims,
          judgments, awards, costs, expenses, damages, and liabilities
          (including reasonable attorney's fees) of any kind and nature that may
          be asserted against or incurred by Juniper Networks directly or
          indirectly arising from or relating to any act of GTP, including the
          performance of any service for any third party or the performance of
          any obligation by GTP hereunder.  GTP's liability shall be limited to
          amounts paid by End-user for services performed pursuant to the
          applicable Exhibit. Similarly Juniper Networks shall indemnify and
          hold GTP harmless by like terms, including the performance of any
          Juniper Networks equipment, software, or Product.

10.   CONFIDENTIAL INFORMATION

10.1  The terms of this Agreement are Confidential Information and shall not be
      disclosed by either party in any manner (including but not limited to news
      releases, articles, brochures, advertisements, speeches or other
      information releases) without the prior written approval of the other
      party. Juniper Networks agrees that it shall require any third parties
      that need access to GTP Confidential Information, to treat such
      Confidential Information with the same degree of care as provided herein.
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10.2  Each Party shall mark Confidential Information as "Confidential".
      Information not marked as such shall not be deemed Confidential.

10.3  Each Party receiving Confidential Information (the "Recipient") agrees, as
      to any such Confidential Information that may be disclosed to it by the
      other party hereunder (the "Discloses"):

         (i)   to protect such Confidential Information from disclosure to
               others, using the same degree of care used to protect its own
               confidential or proprietary information of like importance, but
               in any case using no less than a reasonable degree of care.
               Recipient may disclose Confidential Information received
               hereunder to (x) is affiliates who agree in advance, in writing,
               to be bound by this Agreement, and (y) to its employees and
               subcontractors, and its affiliates' employees and subcontractors,
               who have a need to know, for the purpose of this Agreement, and
               who are bound to protect the received Confidential Information
               from unauthorized use and disclosure under the terms of a written
               agreement. Confidential Information shall not otherwise be
               disclosed to any third party without the prior written consent of
               the Discloser;

         (ii)  to use such Confidential Information only for the purposes of
               this Agreement or as otherwise expressly permitted by this
               Agreement;

        (iii)  not to make copies of any such Confidential Information or any
               part thereof except for the purposes of this Agreement;

         (iv)  to reproduce and maintain on any copies of any Confidential
               Information such proprietary legends or notices (whether of
               Discloser or a third party) as: are contained in or on the
               original or as the Discloser may otherwise reasonably request;

         (v)   not to modify, prepare derivative works from, decompile,
               disassemble, or reverse engineer any Confidential Information.

10.4  The Work Product shall be the Confidential Information of GTP and Juniper
      Networks, and it shall be designated as Confidential Information by
      appropriate markings upon its generation, replication or internal
      dissemination.

10.5  The restrictions of this Article 10 on use and disclosure of Confidential
      Information shall not apply to information that:

         (i)   was publicly known at the time of Discloser's communication
               thereof to Recipient;

         (ii)  becomes publicly known through no fault of Recipient subsequent
               to the time of Discloser's communication thereof to Recipient;
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        (iii)  was in Recipient's possession free of any obligation of
               confidence at the time of Discloser's communication thereof to
               Recipient;

         (iv)  is developed by Recipient independently of and without reference
               to any of Discloser's Confidential Information or other
               information that Discloser disclosed in confidence to any third
               party;

         (v)   is rightfully obtained by Recipient from third parties authorized
               to make such disclosure without restriction; or

         (vi)  is identified by Discloser as no longer proprietary or
               confidential.

10.6  In the event Recipient is required by law, regulation or court order to
      disclose any of Discloser's Confidential Information, Recipient will
      promptly notify Discloser in writing prior to making any such disclosure
      in order to facilitate Discloser seeking a protective order or other
      appropriate remedy from the proper authority. Recipient agrees to
      cooperate with Discloser in seeking such order or other remedy. Recipient
      further agrees that if Discloser is not successful in precluding, the
      requesting legal body from requiring the disclosure of the Confidential
      Information, it will furnish only that portion of the Confidential
      Information, which is legally required and will exercise all reasonable
      efforts to obtain reliable assurances that confidential treatment will be
      accorded the Confidential Information.

10.7  All Confidential Information disclosed under this Agreement (including
      information in computer software or held in electronic storage media)
      shall be and remain the property of Discloser. All such information in any
      computer memory or data storage apparatus shall be erased or destroyed and
      all such information in tangible form shall be returned to Discloser,
      promptly upon the earlier of: (i) the written request of the Discloser,
      (ii) completion or termination of the applicable statement of work, or
      (iii) termination or expiration of this Agreement, and shall not
      thereafter be retained in any form by Recipient; except that in any event,
      to the extent is Pre-Existing Intellectual Property in which case Juniper
      Networks shall be entitled to keep such Confidential Information and use
      it as described herein.

10.8  The parties acknowledge that their respective Confidential Information is
      unique and valuable, and that breach by either party of the obligations of
      this Agreement regarding such Confidential Information and intellectual
      property rights will result in irreparable injury to the affected party
      for which monetary damages alone would not be an adequate remedy.
      Therefore, the parties agree that in the event of a breach or threatened
      breach of such provisions, the affected party shall be entitled to
      specific performance and injunctive or other equitable relief as a remedy
      for any such breach or anticipated breach without the necessity of posting
      a bond. Any such relief shall be in addition to and not in lieu of any
      appropriate relief in the way of monetary damages.
<PAGE>

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11   TRADEMARKS

     11.1  Authorized Use of Trademarks.  All advertising and other promotional
           materials in which trademarks are used shall be subject to the prior
           written approval of the appropriate party.

     11.2  Defense of Trademarks.  Neither party will at any time challenge, or
           assist others in challenging, the other party's trademarks or other
           proprietary rights.

12   LIMITATION OF LIABILITY

     12.1  Limitation of Liability.  Under no circumstances shall either party
           liable to the other for any special, incidental, indirect, statutory
           or consequential damages (including lost revenue or profits)
           resulting from, arising out of, or related to its performance or
           failure to perform any of its obligations under, or breach of, this
           Agreement, whether or not such party has been advised, knew, or
           should have known, of the possibility of such damages.

13   ENFORCEMENT OF AGREEMENT

     13.1  Governing Law.  This Agreement shall be governed by the laws and in
           accordance with the laws of the State of New York, U.S.A.

     13.2  Jurisdiction.  The U.S. federal and state courts of the State of
           Network, U.S.A., shall have sole and exclusive jurisdiction and venue
           to adjudicate over any actions relating to the subject matter of this
           Agreement.

     13.3  Assignment.  Neither party may assign this Agreement without the
           prior written consent of the other party which consent shall not be
           unreasonably withheld. For the purposes of this Section, "assignment"
           does not include any direct or indirect change in the ownership or
           control of Juniper Network.

     13.4  Waiver.  Failure by either party to enforce any provision of this
           Agreement will not be deemed a waiver of future enforcement of that
           or any other provision.

     13.5  Severability.  If for any reason a court of competent jurisdiction
           finds any provision of this Agreement, or portion thereof, to be
           unenforceable, that provision of the Agreement will be enforced to
           the maximum extent permissible so as to affect the intent of the
           parties, and the remainder of this Agreement will continue in full
           force and effect.

     13.6  Force Majeure.  Except for the obligation to make payments hereunder,
           nonperformance of either party shall be excused to the extent that
           performance is rendered impossible due to any cause beyond such
           party's control.
<PAGE>

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14   NOTICE

     14.1  Notices.  Any notice, report, approval or consent required or
           permitted hereunder shall be in writing and will be deemed to have
           been duly given two days after dispatch if delivered: (i) personally,
           or mailed or sent by overnight courier to the respective addresses of
           the parties as set forth below or as either party may designate by
           like notice from time to time, or (ii) by telegram or confirmed fax.

     If to GTP:

           Greenwich Technology Partners, Inc.
           123 Main St, White Plains, NY 10601
           Attention: Director of Legal Affairs
           Telephone: 203-969-1500
           Facsimile: 203-969-3340

     If to Juniper Networks:

           Juniper Networks, Inc.
           385 Ravendale Drive
           Mountain View, CA 94043
           Attention: Lisa C. Berry
           Telephone: 650-318-3384
           Facsimile: 650-318-3397

           After June 26, 2000
           1194 Mathilda Avenue
           Sunnyvale, CA 94089
           Telephone: 408-745-4884
           Facsimile: 408-745-4897

     This Agreement may be executed in two or more counterparts, each of which
     shall be deemed an original, all of which together shall constitute one and
     the same instrument.

15   CONSTRUCTION AND INTERPRETATION

     15.1  Section Headings.  The section headings contained herein are for
           convenience of reference only and shall not be considered as
           substantive parts of this Agreement. The use of the singular or
           plural form shall include the other form and the use of the
           masculine, feminine or neuter gender shall include the other genders.

     15.2  Interpretation.  In construing or interpreting this Agreement, the
           word "or" shall not be construed as exclusive, and the word
           "including" shall not be limiting.
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      15.3  Interpretation of Agreement.  The parties agree that this Agreement
            shall be fairly interpreted in accordance with is terms without any
            strict construction in favor of or against either party.

16    NO OTHER RIGHTS

16.1  Nothing contained in this Agreement shall be construed as conferring by
      implication, estoppels or otherwise upon either party hereunder any
      license or other right except the licenses, rights and uses expressly
      granted hereunder to a party hereto.

17    AUTHORIZATION WARRANTY

17.1  Each party represents, warrants and covenants that it has or will obtain
      appropriate agreements from all third parties sufficient to enable full
      compliance with all the provisions of this Agreement and all attached
      Exhibits.

18    ENTIRE AGREEMENT

18.1  Entire Agreement. The provisions of this Agreement, including all
      Exhibits, constitutes the entire agreement between the parties with
      respect to the subject matter hereof, and supersedes all prior agreements
      or representations, oral or written, regarding such subject matter. This
      Agreement may not be modified or amended except in writing signed by a
      duly authorized representative of each party.

IN WITNESS WHEREOF, THE PARTIES HAVE CAUSED THIS AGREEMENT TO BE EXECUTED BY
THEIR DULY AUTHORIZED REPRESENTATIVES.

<TABLE>
<S>                                            <C>
Greenwich Technology Partners, Inc.            Juniper Networks, Inc.

/s/ Joseph P. Beninati                         /s/ Lisa C. Berry
-----------------------------------            ------------------------------------------
(Signature)                                    (Signature)

Joesph P. Beninati                             Lisa C. Berry
-----------------------------------            ------------------------------------------
(Name)                                         (Name)

CEO                                            Vice President, General Counsel, Secretary
-----------------------------------            ------------------------------------------
(Title)                                        (Title)

   5/31/00                                             5/27/2000
-----------------------------------            ------------------------------------------
(Date)                                         (Date)
</TABLE>
<PAGE>

                      EXHIBIT A - SUBCONTRACTING AGREEMENT

This Subcontracting Agreement (the "Subcontracting Agreement"), is entered into
on __________________, by and between Greenwich Technology Partners, Inc., a
Delaware corporation(hereinafter referred to as "GTP") and Juniper Networks,
Inc., a Delaware corporation (hereinafter referred to as "Juniper Networks").

Whereas, Juniper Networks entered into an agreement with carrier, enterprise,
and service provider clients hereinafter referred to as the "Client", pursuant
to which Juniper Networks was engaged to provide services to the Client; and

Whereas, Juniper Networks desires to enter into an agreement with GTP, pursuant
to which Juniper Networks desires to retain the services of GTP for the purpose
of providing services for Client and GTP agrees to provide services as a
subcontractor to Juniper Networks under the agreement between the Juniper
Networks and the Client;

Now Therefore, in consideration of the mutual covenants and agreements contained
herein, the parties hereby agree as follows:

1.   Term and Termination

     This Subcontracting Agreement shall commence as of the date herein provided
     and may be terminated at any time by Juniper Networks or GTP in writing
     upon thirty (30) days prior notice and may be terminated by either party
     provided that the other party is notified in writing thirty (30) days prior
     to the termination date. Notice shall be given in the manner provided in
     Section 3. Juniper Networks agrees to pay GTP for services performed up to
     the effective date of termination, at the agreed upon fixed price
     professional services amount or hourly, daily, monthly, or annual rates for
     Service Programs.

2.   Rates and Invoicing

     GTP will invoice Juniper Networks at the end of each month and Juniper
     Networks will pay for services performed within thirty (30) days after
     receipt of invoice for Service Programs. In the event of any questions or
     dispute relating to any invoice, Juniper Networks will pay the undisputed
     portion of the invoice within thirty (30) days after receipt and will pay
     any remaining amounts within twenty (20) days after all questions and
     disputes have been resolved to both parties' satisfaction.

3.   Notices

     Any notice, report, approval or consent required or permitted hereunder
     shall be in writing and will be deemed to have been duly given two days
     after dispatch if delivered: (i) personally, or mailed or sent by overnight
     courier to the respective addresses of the
<PAGE>

                                      -2-

parties as set forth below or as either party may designate by like notice from
time to time, or (ii) by telegram or confirmed fax.

     If to GTP:

          Greenwich Technology Partners, Inc.
          123 Main St, White Plains, NY 10601
          Attention: Director of Legal Affairs
          Telephone: 203-969-1500
          Facsimile: 203-969-3340

     If to Juniper Networks:

          Juniper Networks, Inc.
          385 Ravendale Drive
          Mountain View, CA 94043
          Attention: Lisa C. Berry
          Telephone: 650-318-3384
          Facsimile: 650-318-3397

          After June 26, 2000
          1194 Mathilda Avenue
          Sunnyvale, CA 94089
          Telephone: 408-745-4884
          Facsimile: 408-745-4897

4.  Warranties

Juniper Networks, for itself and on behalf of any third party that Juniper
Networks enters into agreements with, warrants that:

     a.   Any materials provided by Juniper Networks hereunder do not and will
          not violate or infringe on any patent, trademark, service mark, trade
          secret, copyright, right of privacy, or right of publicity or contain
          libelous matter, and GTP's proposed use of such materials will not
          violate any such rights; Juniper Networks shall indemnify and hold
          harmless GTP, its owners, affiliates, subsidiaries, agents, directors
          and employees from and against all liabilities that may result by
          reason of any infringement or claim of infringement of any patent,
          trademark, copyright, trade secret or other proprietary right relating
          to services and/or deliverables or network products and/or the use
          thereof. Juniper Networks will defend and/or settle at its own expense
          any action brought against GTP to the extent that it is based on a
          claim that any services, deliverables or network products and/or the
          use thereof, infringe any patent, trademark, copyright, trade secret
          or other proprietary right.
<PAGE>

                                      -3-

     b.   Juniper Networks is (or, as to materials to be provided in the future,
          will be) the owner of the entire right, title and interest in any and
          all materials provided to GTP and has the right to provide such
          materials to GTP; and said rights are not subject to such prior
          agreements, liens or other rights which may interfere with or impair
          the use of such materials under this Subcontracting Agreement.

     c.   GTP will have no liability to Client or Juniper Networks for any
          defects relating to any underlying products, hardware, software or
          Services provided by Juniper Networks. It is understood that the
          underlying products were purchased by Client directly from someone
          other than GTP.

     d.   If there are any errors, malfunctions or defects in the modifications
          made by GTP to the underlying Products which are discovered during the
          term of this Subcontracting Agreement, GTP will use its reasonable
          efforts to promptly remedy such, provided that Juniper Networks gives
          GTP written notice thereof and provides GTP with sufficient
          information regarding such breach. GTP shall not be responsible for
          any errors, malfunctions or defects in the modifications made by GTP
          to the underlying Products that are not due to the fault or negligence
          of GTP and that could not have been reasonably foreseen or provided
          against. Juniper Networks shall notify GTP of the breach within 21
          days of its occurrence and GTP shall have 15 days following
          notification to correct the deficiencies.

     GTP warrants that:

     a.   All GTP Services provided hereunder to Juniper Networks and/or the
          End-user shall be performed in a workmanlike manner to the established
          standards of such services in the industry.

5.   No Other Relationship/Obligations

     Neither party shall have any right, power or authority to assume, create,
     or incur any expense, liability, or obligation, expressed or implied, on
     behalf of the other party, except as expressly provided herein. This
     Subcontracting Agreement is not intended to be nor shall it be construed as
     a joint venture, association or other form of business organization.

6.  Supremacy of this Subcontracting Agreement

     The terms and conditions of this Subcontracting Agreement, together with
     the Service and Support Alliance Agreement and any documents referenced
     herein or therein represent the entire agreement between GTP and Juniper
     Networks for GTP's services and supersede any prior written agreement or
     understanding not incorporated herein. In the event of inconsistencies
     between this Subcontracting Agreement (including the related documents
     described in the previous sentence) and any prior written agreement or
     understanding, the terms of this Subcontracting Agreement (including the
     related documents described in the previous sentence) shall prevail. The
     provisions of this
<PAGE>

                                      -4-

     Subcontracting Agreement shall not be changed, modified or waived in any
     way except when agreed to in writing and signed by both parities and
     stating expressly that it constitutes a modification of this Subcontracting
     Agreement.

9.   Severability

     If any term or provision of this Subcontracting Agreement shall be held to
     be invalid, void or unenforceable, then the remainder of this
     Subcontracting Agreement shall not be affected, impaired or invalidated,
     and each such term and provision of this Subcontracting Agreement shall be
     valid and enforceable to the fullest extent permitted by law.

10.  General

     (a)  Section Headings.  Section headings are for convenience only and shall
          not be a part of the terms and conditions of this Subcontracting
          Agreement.

     (b)  Waiver.  Failure by either party at any time to enforce any obligation
          by the other party, to claim a breach of any term of this
          Subcontracting Agreement or to exercise any power agreed to hereunder
          will not be construed as a waiver of any right, power or obligation
          under this Subcontracting Agreement, will not affect any subsequent
          breach, and will not prejudice either party as regards any subsequent
          action.

     (c)  Governing Law.  This Subcontracting Agreement shall be governed by and
          construed in accordance with the laws of the State of New York,
          without regard to the conflict of laws provisions thereof.

     (d)  Survival.  All terms and conditions of this Subcontracting Agreement,
          which should by their nature survive shall so survive.<PAGE>

                                                                    EXHIBIT 10.5

                              TRANSFER AGREEMENT

      TRANSFER AGREEMENT dated as of August 13, 2000 (the "Agreement"), among
The News Corporation Limited, a South Australia corporation ("News"), News
Publishing Australia Limited, a Delaware corporation and a wholly owned
subsidiary of News ("NPAL"), FEG Holdings, Inc., a Delaware corporation and a
wholly owned subsidiary of News ("FEGH") and Fox Entertainment Group, Inc., a
Delaware corporation ("FEG").

      WHEREAS, FEG desires to acquire certain assets (the "Transferred Assets"
of Chris-Craft Industries, Inc., a Delaware corporation ("Chris-Craft"), BHC
Communications, Inc., a Delaware corporation ("BHC"), and United Television,
Inc., a Delaware corporation ("UTV"; collectively the "Acquired Entities");

      WHEREAS, the Acquired Entities have agreed to be acquired, in exchange for
Preferred Limited Voting Ordinary Shares of News and cash;

      WHEREAS, in order to effectuate the foregoing, News, NPAL and Fox
Television Holdings, Inc., a Delaware corporation and wholly-owned subsidiary of
FEG, have this day entered into a separate Agreement and Plan of Merger dated as
of August 13, 2000 with each of the Acquired Entities (such agreements, the
"Merger Agreements");

      WHEREAS, FEG has agreed to issue, and FEGH has agreed to accept, in
consideration for the transfer to FEG of the Transferred Assets or Preferred
Limited Voting Ordinary Shares of News to effectuate the acquisition of the
Acquired Entities, as the case may be, shares of FEG's Class A Common Stock, par
value $.01 per share (the "Class A Common Stock").

      NOW THEREFORE, in consideration of the foregoing and the mutual covenants
and agreements contained herein and for other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, the parties hereto
hereby agree as follows:

      1. Transfer.  At the effective time of the Mergers or as soon as
         --------
practicable thereafter (the "Closing"), FEGH shall, in the case of a Forward
Merger, transfer and assign, or cause the transfer and assignment of, the
Transferred Assets (the "Transfer") to FEG or a subsidiary thereof. The parties
hereto agree that the Transferred Assets shall include all the assets of the
Acquired Entities on the Closing Date (subject to all liabilities of the
Acquired Entities, including, without limitation, liabilities incurred in
connection with the Mergers), except for $1.7 billion in cash, cash equivalents,
marketable securities and other investments (collectively, "Cash");
notwithstanding the foregoing, the Transferred Assets shall not include, and FEG
shall not assume any liability with respect to, the plastics business conducted
by the Acquired Entities (the "Plastics Business"). In the case of a Reverse
Merger, FEG or a subsidiary of FEG shall assume the obligations of NPAL under
the Merger Agreements and shall acquire by merger the Acquired Entities. In the
case of a Reverse Merger, at the Closing or as soon as practicable thereafter,
FEG shall cause the
<PAGE>

Plastics Business to be transferred to, and the related liabilities to be
assumed by, News or a subsidiary of News (other than FEG and its subsidiaries).

      2. Consideration.  In consideration for the above transfer, at the
         -------------
Closing, FEG shall issue to FEGH the following number of shares of Class A
Common Stock:

           (1)  in the case of a Forward Merger, FEG shall issue to FEGH
                122,244,272 shares of Class A Common Stock; or

           (2)  in the case of a Reverse Merger, FEG shall issue to FEGH
                114,462,900 shares of Class A Common Stock.

      The parties agree that the foregoing number of shares shall be adjusted as
a result of any adjustment to the consideration required to be paid under the
Merger Agreements.

     3. Representations; Warranties and Agreements.
        ------------------------------------------

        3.1  Each of the parties hereto hereby represents and warrants that is
has all requisite power and authority (corporate or otherwise) to execute and
deliver and perform its obligations under this Agreement. The execution and
delivery of this Agreement and the transactions contemplated hereby have been
duly and validly authorized by all requisite corporate action on the part of
each of the parties hereto.

        3.2  FEG represents and warrants to FEGH that, upon issuance, the shares
of Class A Common Stock to be issued to FEGH will be duly and validly issued,
fully paid and nonassessable.

        3.3  News represents and warrants to FEG that any shares which it
delivers to, or on behalf of, FEG in connection with the Reverse Merger will be
duly and validly issued, fully paid and nonassessable.

        3.4  FEG hereby agrees that:

             (1)  in the event that the Mergers do not occur for any reason,
                  News shall have no liability or obligation whatsoever to FEG;
                  and

             (2)  the number of share of Class A Common Stock that FEG will
                  deliver to FEGH shall be adjusted from time to time for any
                  stock splits, recapitalizations, reorganizations or similar
                  changes to the capital structure of FEG.

             (3)  Any cash received by FEG pursuant to the transactions
                  contemplated hereby, and any loan arrangements between News or
                  its subsidiaries (other than FEG) and FEG and its subsidiaries
                  shall be subject to the terms of the existing Intercompany
                  Agreement between FEG and News.

                                       2
<PAGE>

             (4)  In the case of a Forward Merger, in the event that the Cash
                  retained by News is less than $1.7 billion, FEG shall be
                  obligated to News for the difference, or, at the election of
                  FEG and News, an adjustment may be made to the number of
                  shares of Class A Common Stock to be issued by FEG to News. In
                  the case of a Reverse Merger, FEG shall borrow from News, and
                  News shall lend to FEG, such funds as may be necessary to
                  permit FEG to pay the cash portion of the consideration to be
                  paid pursuant to the Merger Agreements.

        3.5  News hereby agrees that it will not amend or modify the terms of
the Merger Agreements in any way that could reasonably be likely to have a
material adverse effect on the assets that FEG is to receive pursuant to this
Agreement without the written consent of FEG.

        3.6  The parties hereto hereby acknowledge and agree that the
obligations of the parties under the Merger Agreements and this Agreement, and
the consummation of the transactions contemplated hereunder and thereunder, are
subject to obtaining all necessary board of directors, shareholder and
regulatory approvals.

      4. Further Assurances.  The parties shall duly execute and deliver, or
         ------------------
cause to be duly executed and delivered such further instruments and documents
and to take all such further action as may be necessary or proper to carry out
the provisions and purposes of this Agreement.

      5. Amendments.  The terms and provisions of this Agreement may not be
         ----------
modified or amended except pursuant to a written instrument executed by each of
the parties hereto.

      6. Governing Law.  This Agreement shall be governed by and construed in
         -------------
accordance with the laws of the State of New York.

      7. Counterparts; Facsimile Signatures.  This Agreement may be executed in
        ----------------------------------
any number of counterparts, and each such counterpart hereof shall be deemed to
be an original instrument, but all such counterparts taken together shall
constitute but one agreement. Facsimile counterpart signatures to this Agreement
shall be acceptable and binding.

      8. Defined Terms.   All capitalized terms used but not defined herein
         -------------
shall have the meanings ascribed to such terms in the Merger Agreements.

                              *     *     *     *

                                       3
<PAGE>

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

                                        THE NEWS CORPORATION LIMITED

                                        By:__________________________________
                                           Name:
                                           Title:

                                        NEWS PUBLISHING AUSTRALIA LIMITED

                                        By:__________________________________
                                           Name:
                                           Title:

                                        FEG HOLDINGS, INC.

                                        By:__________________________________
                                           Name:
                                           Title:

                                        FOX ENTERTAINMENT GROUP, INC.

                                        By:__________________________________
                                           Name:
                                           Title:

                                       4

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