Document:

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                                                                   EXHIBIT 10.18

                            AGFA-GEVAERT DPS DIVISION
                               TRANSFER AGREEMENT

                          Entered into on May 16, 2000

                                     BETWEEN

XEIKON N.V., with registered office at Vredebaan 72, B-2640 Mortsel, Registry of
Commerce of Antwerp No 265.170, ("Xeikon" or "Purchaser"), acting both on its
own behalf and on behalf of the Transferee Entities (as defined in this
Agreement)

                                       AND

AGFA-GEVAERT N.V., with registered office at Septestraat 27, B-2640 Mortsel,
Registry of Commerce of Antwerp No 163.653 ("Agfa" or "Seller"), acting both on
its own behalf and on behalf of LUITHAGEN N.V., , with registered office at
Septestraat 27 B-2640 Mortsel, Registry of Commerce of Antwerp No 238.144
("Luithagen"), as well as of the Sales Organization Companies (as defined in
this Agreement)

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TABLE OF CONTENTS

<TABLE>
<S>                                                                                                 <C>
1     INTERPRETATION.................................................................................4

   1.1. DEFINITIONS..................................................................................4

   1.2. CERTAIN RULES OF INTERPRETATION..............................................................7

2     TRANSFER OF ACTIVITIES.........................................................................8

   2.1. TRANSFER.....................................................................................8

   2.2. STRUCTURING OF TRANSFER......................................................................8

   2.3. DATE OF CLOSING..............................................................................9

3     SUBJECT MATTER OF TRANSFER.....................................................................9

   3.1. SUBJECT MATTER OF THE DPS DIVISION CONTRIBUTION.............................................10

   3.2. SUBJECT MATTER OF THE LUITHAGEN CONTRIBUTION................................................11

   3.3. SUBJECT MATTER OF THE SO SALE...............................................................11

4     PRICE.........................................................................................11

   4.1. DETERMINATION OF PRICE......................................................................11

   4.2. SPECIFIC ARRANGEMENTS.......................................................................13

   4.3. ISSUANCE OF XEIKON "A" SHARES...............................................................15

   4.4. CONTRIBUTION IN CASH BY AGFA TO XEIKON......................................................15

   4.5. ALLOCATION OF THE PRICE.....................................................................15

5     CONTINUED OPERATION OF DPS DIVISION AS GOING CONCERN..........................................16

6     CONDITIONS PRECEDENT TO CLOSING...............................................................17

7     CLOSING.......................................................................................18

8     FACILITATION OF TRANSITION....................................................................19

9     REPRESENTATIONS AND WARRANTIES................................................................22

   9.1   REPRESENTATIONS AND WARRANTIES OF THE SELLER...............................................22

   9.2   REPRESENTATIONS AND WARRANTIES OF BOTH PARTIES.............................................22

10    INDEMNIFICATION...............................................................................24
</TABLE>

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<TABLE>
<S>                                                                                                 <C>
   10.1     PRINCIPLE...............................................................................24

   10.2     PROCEDURE...............................................................................24

   10.3     SURVIVAL OF REPRESENTATIONS AND WARRANTIES..............................................25

   10.4     LIMITATIONS.............................................................................25

11    SELLER'S ENVIRONMENTAL COVENANT...............................................................26

12    NON-COMPETITION COVENANT......................................................................26

13    STAND STILL COVENANT..........................................................................28

14.   COVENANTS OF PURCHASER........................................................................29

15    FURTHER AGREEMENTS............................................................................29

   15.1     TERMINATION OF AGREEMENTS...............................................................29

   15.2     COOPERATION.............................................................................30

   15.3     VAT REGIME OF BUILDINGS.................................................................30

16.   PRESS RELEASE AND CONFIDENTIALITY.............................................................30

17.   OTHER PROVISIONS..............................................................................30

   17.1.    ENTIRE AGREEMENT........................................................................30

   17.2.    NO ASSIGNMENT OR TRANSFER...............................................................30

   17.3.    VARIATION...............................................................................31

   17.4.    WAIVERS NOT PRESUMED....................................................................31

   17.5.    PARTIAL UNENFORCEABILITY................................................................31

   17.6.    COSTS AND EXPENDITURES..................................................................31

   17.7.    NOTICES.................................................................................31

18    GOVERNING LAW AND SUBMISSION TO ARBITRATION...................................................32
</TABLE>

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WHEREAS:

Agfa (as well as the Agfa Group) is, inter alia, engaged in activities in
connection with the research and development, manufacturing, marketing, sale and
servicing of toner-based digital printing equipment and related toners and
developers (the "Activities");

Xeikon (or any Transferee Entity designated by it prior to Closing) is willing
to continue the Activities by acquiring all assets, equipment inventory,
materials, intellectual property, customer and supplier lists, books, records,
documents, tools, Goodwill, stock, employees and contracts held by Agfa and
Agfa's subsidiaries and used in the context of the Activities (jointly referred
to as the "DPS Assets") and Agfa is willing to transfer the Activities to Xeikon
(or, for certain parts thereof, to any Transferee Entity designated by Xeikon
prior to Closing);

The Parties in this Agreement are setting forth the terms pursuant to which the
transfer to Xeikon (or any Transferee Entity) of the Activities (the "Transfer")
will be effected;

Xeikon prior to the execution hereof performed a due diligence with respect to
the Activities on the basis of information provided by Agfa; a list of the
documents in the dataroom is attached to the Disclosure Letter (Exhibit 9.1.);

Xeikon when entering into this Agreement is relying on the Representations and
Warranties of Agfa;

The conclusion of this Agreement has been previously approved by the board of
directors of both Xeikon and Agfa; in giving such an approval, the Xeikon board
has complied with the procedure provided for in Article 60bis of the Belgian
Company Law.

NOW THEREFORE IT IS AGREED AS FOLLOWS:

1      INTERPRETATION

1.1.   Definitions

When used in this Agreement, and except where the context requires otherwise,

ACTIVITIES means activities in connection with the research and development,
manufacturing, marketing, sale and servicing of toner-based digital printing
equipment and related toners and developers;

AFFILIATE means in relation to any party any company which is for the time being
directly or indirectly controlled by that party.

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For this purpose: (a) a company is directly controlled by another company,
beneficially owning shares carrying the majority of voting rights of the first
mentioned company; (b) a particular company is indirectly controlled by another
company if a series of companies can be specified, beginning with that company,
so related that each company of the series is directly controlled by one or more
of the companies earlier in the series;

AGFA GROUP means Agfa as well as any of its Affiliates;

BUSINESS DAY means a day on which banks are open for business in Belgium
(excluding Saturdays, Sundays and public holidays);

CLAIM means any claim, commencement of any suit, action or proceeding, or the
imposition of any penalty or assessment by a third party, against any Party to
this Agreement (including any relevant Transferee Entity or Sales Organization
Company);

CLOSING means the completion of the transaction contemplated by this Agreement
and the execution and delivery of all documents in connection therewith;

CLOSING DATE means the date or dates on which the Transfer contemplated by
Section 2 is completed in accordance with Section 7;

DAMAGES means (a) any costs, losses, damages or expenses (including interest
that may have been paid or accrued thereon), also including fees of legal and
other advisers, and/or (b) a decrease of the value of any of the transferred DPS
Assets or, as the case may be, Xeikon's assets, which by reason of the fact that
the actual facts or circumstances are not as they have been represented or
warranted by the Party making such warranty or representation, or by reason of a
breach by a Party of any of the undertakings, covenants or obligations contained
in or resulting from this Agreement, have been incurred, sustained or paid;

DISCLOSURE LETTER means the letter of the same date as this Agreement from Agfa
to Xeikon, annexed to this Agreement as Exhibit 9.1.;

DPS ASSETS means all assets, equipment inventory, materials, intellectual
property, customer and supplier lists, books, records, documents, tools,
Goodwill, stock, employees and contracts held by Agfa and Agfa's subsidiaries
and used in the context of the Activities;

DPS DIVISION means the division of Agfa that conducts the Activities;

DPS DIVISION CONTRIBUTION means the contribution of the DPS Division as per
Section 2.2 (a) hereof;

DPS EMPLOYEES means the employees as set out in Exhibit 3.1.(c)/1 who at the
time of the Execution of this Agreement are principally assigned to the
Activities;

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ENCUMBRANCE means any claim, charge, mortgage, security, servitude, lien,
option, right of pre-emption or first refusal, power of sale or hypothecation,
right of use, or lease or rent of any kind whatsoever;

EXECUTION means the signing by the Purchaser and the Seller of this Agreement;

EXECUTION DATE means the date on which the Purchaser and the Seller sign this
Agreement;

GOODWILL shall mean the customer base and reputation developed by the Agfa Group
in connection with the Activities, all information relating to existing, prior
and prospective customers as well as the notoriety of the trademarks and
tradenames assigned to Xeikon or any relevant Transferee Entity by virtue of
this Agreement;

INDEMNIFIED PARTY means the Party that is entitled to indemnification under this
Agreement;

INDEMNIFYING PARTY means the Party that has to indemnify the Indemnified Party
under this Agreement;

INDEMNIFICATION NOTICE means the notice provided by the Indemnified Party to the
Indemnifying Party in accordance with Article 10 hereof, in the event the
Indemnified Party believes being entitled to indemnification under this
Agreement;

INTELLECTUAL PROPERTY means all intellectual property rights used by the Agfa
Group in connection with the Activities, i.e. all trademarks and rights of use
in trademarks as mentioned in Section I of Exhibit 3.1.(a), all patents and
patent applications as mentioned in Section II of Exhibit 3.1.(a), the know how
as mentioned in Section III of Exhibit 3.1.(a), all copyrights as described in
Section IV of Exhibit 3.1.(a), all design rights as set out in Section V of
Exhibit 3.1.(a), all domain names and web server content as mentioned in Section
VI of Exhibit 3.1.(a), and all rights under licensing or other agreements as
mentioned in Section VII of Exhibit 3.1.(a);

INVENTORY means the raw materials, spare parts, consumables, work in process and
finished products related to the Activities as well as digital printing presses;

LUITHAGEN CONTRIBUTION means the transfer by Luithagen N.V. of any DPS-related
real estate (as referred to in Section 3.2) to Xeikon by way of contribution in
kind against shares;

MATERIAL ADVERSE EFFECT means a substantial negative impact on the business,
operations, assets and liabilities, and results (profit or loss) of the
Activities (considered as a whole);

PARTIES means Xeikon and Agfa;

PURCHASER means Xeikon;

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REPRESENTATIONS AND WARRANTIES means the warranties and representations set out
in Schedule 9 and Section 9.2 of this Agreement and REPRESENTATION AND/OR
WARRANTY means any one of them;

RIGHT TO RETURN ARRANGEMENT means the agreement entered into between Agfa and
certain labor unions on 18 February 2000 of which the details are set out in
Exhibit 3.1.(c)/2;

SALES ORGANIZATION COMPANIES means the entities set out in Exhibit 2.1./1, other
than Agfa, that currently conduct part of the Activities;

SELLERS shall be deemed to jointly refer to Agfa, Luithagen and each of the
Sales Organization Companies;

SO SALE means the transfer, by the Sales Organization Companies, of all DPS
Assets held or used by each of the Sales Organization Companies (except for
Goodwill, fixed assets and digital printing presses) which will be sold to
Xeikon or a Transferee Entity, either at Closing or as soon as possible
thereafter, at a date mutually agreed between the Parties but in no event later
than September 30, 2000;

TAXES means any present or future taxes, levies, imposts, duties, fees,
assessments or other charges of whatever nature, and all interest, penalties or
similar liabilities with respect thereto;

TRANSFER means the transfer to Xeikon (or any Transferee Entity) of the
Activities;

TRANSFEREE ENTITIES means the entities set out in Exhibit 2.1./2 to which part
of the DPS Assets can be transferred pursuant to the SO Sale.

The index, captions and headings are for convenience only and shall not define,
limit or affect the scope, intent, construction or interpretation of this
Agreement or any provision hereof.

1.2.   Certain rules of interpretation

The Schedules, Exhibits and other annexes to this Agreement form an integral
part of this Agreement and references to this Agreement shall include any of its
Schedules, Exhibits and other annexes and references to Sections, Schedules and
Exhibits shall refer to Sections of and Schedules and Exhibits to this
Agreement.

The words "herein", "hereof", "hereunder", "hereby", "hereto", "herewith" and
words of similar import shall refer to this Agreement as a whole and not to any
particular article, section, subsection or other subdivision.

The words "include", "includes", "including" and all forms and derivations
thereof shall mean including but not limited to.

Words of the singular number shall include correlative words of the plural
number and vice versa.

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Unless otherwise provided herein, all references to a fixed time of a day shall
mean Brussels, Belgium time as in effect on such day and references to a "day"
shall mean a Business Day.

2      TRANSFER OF ACTIVITIES

2.1.   Transfer

Agfa agrees to transfer to Xeikon, subject to the terms and conditions of this
Agreement, the Activities (the "Transfer").

Xeikon in this connection acknowledges and agrees that part of the Activities
currently is carried on by entities other than Agfa; Exhibit 2.1./1 sets forth a
list of those entities (the "Sales Organization Companies"). It is contemplated
that, pursuant to Section 2.2, the Sales Organization Companies will transfer
certain DPS Assets directly to Xeikon.

Xeikon shall have the right to opt for certain DPS Assets to be transferred
either at Closing or as soon as possible thereafter, at a date mutually agreed
between the Parties but in no event later than September 30, 2000, to one or
more entities set out in Exhibit 2.1./2 and designated by Xeikon on or prior to
the Closing (the "Transferee Entities"). If such option is exercised, it is
agreed that the relevant Transferee Entity shall acquire, with retroactive
effect, all rights and obligations of Xeikon under this Agreement, provided,
however, that Xeikon (a) shall remain jointly liable for any obligations by such
Transferee Entity on account of the transfer of DPS Assets and (b) shall
continue to exercise, on behalf and for the account of the Transferee Entity,
all rights under this Agreement, including rights to indemnification.

By signing this Agreement, Agfa undertakes ("maakt zich sterk") that each of the
Sales Organization Companies will in fact effect the above-mentioned transfer of
certain DPS Assets either to Xeikon or to any Transferee Entity at the terms and
conditions of this Agreement. Agfa acknowledges that the punctual and proper
completion of such transfer is of the essence to Xeikon. Agfa accepts that
Xeikon will be entitled to demand interim measures and/or penalty payments in
order to enforce such completion by way of injunctive relief.

2.2.   Structuring of Transfer

It is agreed that the Activities will be transferred to Xeikon as follows:

(a) The transfer of the DPS Assets held or used by Agfa in connection with the
    Activities (hereafter referred to as the "DPS Division Contribution") shall
    take the form of a contribution by Agfa to Xeikon of a division ("inbreng
    van een bedrijfstak") in accordance with Articles 174/54 et seq. of the
    Belgian Company Law. In this connection, Agfa undertakes to acquire, prior
    to Closing, from each Sales Organisation Company, all Goodwill, fixed assets
    and digital printing presses; held by that Sales Organisation Company and to
    subsequently transfer those portions of the

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    Activities, as part of the DPS Division Contribution, to Xeikon. A copy of
    the contribution proposition ("inbrengvoorstel") referred to in Article
    174/56 of the Belgian Company Law is attached as Exhibit 2.2.(a). Both Agfa
    and Xeikon undertake that this document shall be filed, in accordance with
    Article 174/56 of the Belgian Company Law, with the Antwerp Court of
    Commerce within three Business Days from Execution.

(b) In addition, Agfa shall cause Luithagen. to transfer any DPS-related real
    estate (as referred to in Section 3.2) to Xeikon by way of contribution in
    kind against shares (hereafter referred to as the "Luithagen Contribution").

    Moreover, Agfa (or the relevant Transferring Entity) hereby grants to Xeikon
    a purchase option on land, as specifically marked in Exhibit 3.1.(d)/1,
    exercisable at a price of 1,100 Belgian francs per square meter during a
    period of two years starting from the Execution hereof. If this purchase
    option expires without being exercised, Xeikon will have a right of first
    refusal on the same land or part thereof in case of a good faith offer from
    a third party, that Agfa is willing to accept.

(c) In addition, Agfa shall cause the Sales Organization Companies to engage in
    the SO Sale. The SO Sale will be implemented on a country by country basis
    and pursuant to separate agreements that shall, to any extent practicable,
    be consistent with the terms of this Agreement. However, the Parties
    acknowledge that the various national laws that may be applicable as well as
    business necessities, may require changes to the existing arrangements so as
    to avoid adverse consequences for either of the Parties. Accordingly, it is
    agreed that in the context of the SO Sale adaptations to the existing
    arrangements may have to be discussed, provided that these adaptations will
    be consistent with the balance of the rights and obligations between the
    Parties in this Agreement.

    2.3. Date of Closing

    Xeikon and Agfa shall, subject to the satisfaction or waiver of all
    Conditions Precedent set out in Section 6, effectuate the Transfer and take
    all other actions set out in Section 7 as soon as reasonably practicable and
    legally permissible after the Execution. Agfa acknowledges that an
    expeditious Closing is of the essence to Xeikon.

3      SUBJECT MATTER OF TRANSFER

Agfa shall transfer or cause to be transferred to Xeikon (or, in the case of the
subject matter of Section 3.3 at Xeikon's option, to a Transferee Entity) all
DPS Assets, which include, without limitation, the items set out below.

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3.1.   Subject Matter of the DPS Division Contribution

(a)    all Intellectual Property, defined in Exhibit 3.1.(a), in accordance with
       the principles set out therein;

(b)    all supplier contracts relating to the Activities, provided that Agfa
       shall ensure that Xeikon is not required to assume or continue supplier
       contracts that entail commitments at conditions (including conditions
       relative to duration) that significantly deviate from standard market
       conditions;

(c)    the DPS Employees that are employees of Agfa; Agfa shall cause the
       aforementioned employees to transfer to Xeikon, provided that Xeikon
       acknowledges that all such employees (as well as the employees of
       Agfa-Gevaert Belgium N.V.) have, should their employment with Xeikon be
       terminated other than on urgent grounds ("dringende reden"), a right
       (which may be waived by the relevant employee prior to or after Closing)
       to apply for the resumption of their employment with Agfa in accordance
       with the the "Right to Return Arrangement";

(d)    certain real estate located in Heultje (Westerlo) and used or held by the
       Agfa Group (with the exception of Luithagen N.V.) in connection with the
       Activities, and as identified on Exhibit 3.1.(d)/1, including a
       specifically marked strip of land linking the land and buildings
       transferred to Xeikon to the Fabrieksstraat, subject to a right of way in
       the form of an easement ("erfdienstbaarheid") to the Fabrieksstraat to
       the benefit of Agfa;

(e)    all furniture, tools, equipment and fixed assets of whatever nature (with
       the exception of items that are to be considered real property by reason
       of incorporation - "onroerend door incorporatie") exclusively used by
       Agfa in connection with the Activities or not exclusively used by Agfa in
       connection with the Activities, but necessary for the continuation of the
       Activities as currently conducted and not enumerated in Exhibit 3.1(e);
       provided that Agfa in accordance with the Agreement referred to in
       Section 8.3 will be given the possibility to continue to use the items
       referred to in Exhibit 3.1(e) (last page)

(f)    all rights, permits, authorisations, premiums and subsidies held by the
       Agfa Group with respect to the Activities, to the fullest extent
       permitted by law; provided that Xeikon undertakes, with respect to the
       Heultje plant, to maintain employment at current levels (i.e. 18
       employees) for a period expiring on February 1, 2003; (g) all customer
       contracts, provided that Agfa shall procure the right for Xeikon to
       renegotiate any existing contracts that entail supply commitments at
       conditions (including conditions relative to duration) that significantly
       deviate from standard market conditions, and further provided that Xeikon
       (and any Transferee Entity) shall endeavour to uphold such customer
       service levels as not to hinder the collection of receivables by Agfa (or
       any Sales Organisation Company);

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(h)    all Goodwill of Agfa in relation to the Activities, to such effect that
       Xeikon shall be, after Closing, the sole party having the right, without
       territorial limitation, to represent itself as carrying on the Activities
       in succession to the Agfa Group;

(i)    all the Inventory used by Agfa in connection with the Activities provided
       that this will only include raw materials that are reasonably deemed by
       Xeikon to be fit for production of marketable products;

(j)    for the avoidance of doubt, the DPS Division as contributed by Agfa will
       also comprise the fixed assets, Goodwill and Inventory acquired by Agfa
       from the Sales Organization Companies prior to Closing.

3.2.   Subject Matter of the Luithagen Contribution

Luithagen shall contribute to Xeikon certain land located in Heultje and used by
the Agfa Group in connection with the Activities (as indicated on Exhibit
3.2./1). Part of the building known as "Gebouw nr. 653" and the land on which
that building has been erected will be leased by Luithagen to Xeikon for a
period of three years subject to earlier termination by Xeikon against a
one-time lease fee (not including costs) of Euro 0,03 and subject to a lease
agreement with customary provisions, a draft (prepared by Agfa) is attached as
Exhibit 3.2./2; the Parties acknowledge that the contribution by Luithagen of
the aforementioned land will require a delineation ("afpaling") of certain
tracts of land ("percelen").

3.3.   Subject Matter of the SO Sale

(a) Agfa shall cause each of the Sales Organization Companies to transfer to
    Xeikon or to a Transferee Entity identified by Xeikon all DPS Assets that
    are held or used by such Sales Organization Companies in connection with
    the Activities (except for Goodwill, fixed assets and digital printing
    engines), provided that no real estate used or held by the Sales
    Organization Companies in connection with the Activities, will be
    transferred to Xeikon.

(b) Agfa also shall cause each of the Sales Organisation Companies to comply
    with the various obligations referred to in Section 3.1, as applicable,
    mutatis mutandis, to the SO sale.

4      PRICE

4.1.   Determination of Price

        The Transfer is agreed against the following consideration (together the
        "Price"):

4.1.1. Consideration for the DPS Division Contribution

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       The consideration for the DPS Division Contribution will consist of:

       (i)    1,322,974 newly issued Xeikon "A" shares ; and

       (ii)   an additional number of newly issued Xeikon "A" shares to be paid
              for the aggregate of the value of the Inventory that is acquired
              by Xeikon as part of the DPS Division Contribution, whereby every
              48,790 Xeikon "A" shares shall be considered to represent a value
              of Euro 1 million; the value of which shall be determined in
              accordance with the following rules :

          -   finished products (other than printing presses), work-in-process,
              consumables, spare parts and raw materials: at production cost or,
              in the case of items acquired from third parties, at acquisition
              cost (to be increased with reasonably incurred transport and
              import costs in case of items physically located at the Sales
              Organisation Companies);

          -   16 digital printing presses (unused and new) and 35 digital
              printing presses (unused and obsolete or used) as set out in
              Exhibit 4.1.1 for an aggregate value of EUR 2,450,000, provided
              that, in the case of a transaction relating to one or more of
              these presses that has occurred prior to Closing with the consent
              of Xeikon, the contribution of the relevant printing press will be
              replaced by the contribution of the transaction consideration net
              of direct transaction costs, either in cash or in the form of a
              receivable on the relevant customer.

       On the basis of the items included on the Opening Balance Sheet, it is
       currently estimated that this will give rise to the issuance of 323,902
       Xeikon "A" shares; this number will be adjusted on the basis of the
       reciprocal ("tegensprekelijke") pre-closing audit to be conducted in
       accordance with the following procedure.

       The pre-closing audit will relate to a draft statement prepared by Agfa
       of its Inventory as per 9 June 2000; that draft statement will be
       communicated to Xeikon's auditors at the latest on 15 June 2000. The
       audit carried out by Xeikon's auditors will not affect Xeikon's rights
       under the Representations and Warranties as set out in Schedule 9 to this
       Agreement. Immediately upon Closing, a further reciprocal Closing audit
       shall be carried out to ascertain any changes in the Inventory during the
       period from 9 June through the date of the Closing whereby movements
       within the Inventory will be subject to the substitution principle: any
       increases in raw materials, work-in-process or finished goods (other than
       digital printing presses) will be valued in accordance with the
       principles set out in Section 4.1.1, but any such increase will be set
       off against receivables relating to the sale of such products during the
       period from 9 June through the date of the Closing. Adjustments resulting
       from any changes during the aforementioned period will be settled in cash
       between the Parties as soon as practicable after Closing.

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4.1.2. Consideration for the Luithagen Contribution

        The consideration for the Luithagen Contribution will consist of 19,001
        newly issued Xeikon "A" shares.

4.1.3. The consideration for the SO Sale

        The consideration for the SO Sale shall consist of an amount in cash
        equal to the agreed upon value (as per section 4.1.1 (ii)) of the
        Inventory sold by any Sales Organisation Company

4.1.4. Limitation on number of new Xeikon "A" shares to be issued

       It is understood and agreed that the aggregate number of Xeikon "A"
       shares held (whether directly or beneficially) by the Agfa Group
       immediately after Closing (whether or not as a result of the issuance
       contemplated by this Section 4) shall not exceed 25.5% of the number of
       Xeikon "A" shares representing the fully diluted capital of Xeikon upon
       completion of the capital increase that is decided in connection with the
       Transfer. For the purpose of computing the preceding number, "fully
       diluted capital" shall be deemed to refer to Xeikon "A" shares (a) that
       have been issued, (b) that may be issued pursuant to the exercise of
       warrants that have not yet been created but the creation of which has
       been approved by the board of directors of Xeikon at the time of Closing
       (and Xeikon represents that the board of directors prior to the Execution
       hereof has approved the creation of warrants entitling the holders
       thereof to subscribe for an aggregate of approximately 265,000 "A"
       shares).

       Consequently, if the shares of which the issuance is envisaged in
       accordance with Section 4.1.1 or 4.1.2, would result in the crossing of
       the limit of this 25.5% shareholding, then Parties shall immediately
       confer in order to adapt their arrangements, with a view to causing one
       or more of the Sales Organisation Companies to transfer their digital
       printing presses to Xeikon for cash

4.2.   Specific arrangements

(a)    Invoices between Agfa and Xeikon

       All invoices between Agfa and Xeikon, insofar as they primarily relate to
       the Activities, will be netted as soon as practicable after Closing and
       the difference will be paid or credited by the relevant party to an
       account designated for such purpose by the other party.

(b)    Agfa Group repurchase obligations

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       Xeikon (or any Transferee Entity) will assume the repurchase obligations
       that have been assumed by the Agfa Group in connection with capital
       leases of Chromapress equipment (as listed in Exhibit 4.2.(b)), it being
       understood that Xeikon's (and any Transferee Entity's) aggregate
       liability (defined as the difference between (a) any amounts payable by
       Xeikon (or the Transferee Entity) in the event of default by the lessee
       and (b) the actual revenue received by Xeikon (or the Transferee Entity)
       upon the resale of the relevant equipment) will not exceed Euro 2
       million.

       Agfa will fully and upon first demand indemnify Xeikon for any amounts in
       excess of the aforementioned threshold, provided that this undertaking
       shall only apply with respect to liabilities that result from agreements
       that within a period of one year from the Closing have been reasonably
       identified by Xeikon as likely to result in repurchase obligations.

(c)    Specific claims

       It is expressly agreed that the Price has been determined on the basis
       that (with the sole exception of the Agfa Group repurchase obligations
       referred to above and the pension obligations referred to in Section
       4.2(d)) no obligations or liabilities in connection with the Activities
       and relating to the period prior to Closing will be assumed by Xeikon or
       a Transferee Entity. Accordingly, Agfa will fully reimburse Xeikon (or
       any Transferee Entity) for all Damages incurred by Xeikon (or any
       Transferee Entity) pursuant to any Claim not provided for on the Opening
       Balance Sheet and that is made in connection with:

       (i)    any obligations or liabilities that are incumbent on, or are
              assumed by, Xeikon subsequent to the Closing Date, to the extent
              such obligations or liabilities relate to any consideration that
              has been received or invoiced by any company of the Agfa Group
              prior to the Closing Date (including but not limited to rebates
              payable under the Agfa Chromapress 2000 Toner Rebate Program); and

       (ii)   any liabilities, claims, damages and expenses that are incurred by
              Xeikon or any Transferee Entity in connection with the Activities
              as transferred and relating to any periods prior to Closing,
              except to the extent that such liabilities, losses, claims, costs,
              damages or expenses are attributable to any breach of a
              representation, warranty or covenant undertaken by Xeikon under
              this Agreement. For the avoidance of doubt, such liabilities shall
              not include liabilities relating to the period subsequent to
              Closing (a) in connection with the Xeikon Transferred DPS
              Employees, and (b) in connection with any contract that is
              transferred, including service and warranty obligations
              (notwithstanding the assumption of repurchase obligations
              mentioned above).

       Agfa shall effect such reimbursements upon first demand to an account
       designated for that purpose by Xeikon (or any Transferee Entity).

                                      -14-
<PAGE>   15

       Without prejudice to any liabilities that might arise under Sections 9
       and 10 hereof, Xeikon shall indemnify and hold harmless Agfa against any
       liabilities, losses, claims, costs, damages or expenses that are incurred
       by Agfa or any Sales Organization Company in connection with the
       Activities as acquired from Agfa and that relate to any periods following
       Closing, except to the extent that such liabilities, losses, claims,
       costs, damages or expenses are attributable to any breach of a
       representation, warranty or covenant undertaken by the Seller under this
       Agreement, or to the extent that they relate to any consideration that
       has been received or invoiced by any company of the Agfa Group prior to
       the Closing Date.

(d)    Salaries, emoluments and pension benefits

       All salaries and other emoluments relating to the DPS Employees shall be
       borne by the Agfa Group up to the Closing Date and all necessary
       apportionments shall be made. In addition, on the Closing Date or as soon
       as practicable thereafter Agfa and/or the Agfa pension fund shall ensure
       (a) that all pension liabilities towards the DPS Employees shall be fully
       covered on a projected basis on that date and that sufficient assets
       shall be transferred (with effect as of the Closing Date) to a pension
       plan designated by Xeikon (with respect to DPS Employees whose pension
       rights are insured by third parties, similar actions will be taken), and
       (b) that the pro-rated part through the Closing Date of the vacation pay
       ("vakantiegeld") and the year-end bonus ("eindejaarspremie") will be
       transferred in cash to Xeikon or to the relevant Transferee Entity.

       Pension liabilities for the DPS Employees shall be calculated according
       to the methodology set out in IAS Statement No. 19 (revised) (provided
       that the benefits valued shall be retirement benefits, death in service
       benefits and post retirement benefits) and on the basis of the
       assumptions set out in Exhibit 4.2 (d).

4.3.   Issuance of Xeikon "A" shares

       The Closing shall coincide with a Xeikon special shareholders' meeting at
       which it is proposed to approve the issuance of the Xeikon "A" shares in
       connection with the DPS Division Contribution and the Luithagen
       Contribution.

4.4.   Contribution in cash by Agfa to Xeikon

       Insofar as the arrangements set forth in this Section 4 result in the
       payment of any cash to Agfa, Parties shall discuss the possibility of
       contributing such amount in cash by Agfa to Xeikon in return for the
       issuance of Xeikon "A" Shares.

4.5.   Allocation of the Price

       For the avoidance of doubt, Parties hereby confirm that the allocation of
       the Price, as provided for in this Section 4, will not have any effect in
       connection

                                      -15-
<PAGE>   16

       with any indemnification that may be due by Agfa (or any Sales
       Organisation Company) to Xeikon (or any Transferee Entity).

5      CONTINUED OPERATION OF DPS DIVISION AS GOING CONCERN

5.1    Agfa during the period from the Execution hereof through the Closing
       Date shall (and shall cause all Sales Organization Companies to) continue
       to operate the Activities in the normal course of business, as a going
       concern and with a view to fully preserving the value thereof.

5.2    Agfa undertakes (both for its own account and for the account of the
       Sales Organization Companies), until Closing, not to proceed, without the
       prior written approval of Xeikon, such approval not to be unreasonably
       withheld, with the execution of any material contracts or with the
       assumption of any material commitments other than in the normal course of
       business and in accordance with past practice. In this context Agfa
       undertakes not to enter into leasing arrangements related to the
       Activities with customers that cannot reasonably be considered
       creditworthy. Agfa furthermore undertakes to notify Xeikon forthwith of
       any events or circumstances that reasonably may be expected to have a
       Material Adverse Effect. Agfa also undertakes that, prior to Closing,
       none of the digital printing presses referred to in Section 4.1.1 will be
       sold, leased or Encumbered without the prior written approval of Xeikon.
       Finally, Agfa undertakes to apply for an "Article 442bis W.I.B."
       certificate with a validity period that includes the Closing Date.

5.3    Agfa from the Execution of this Agreement and through Closing shall
       cooperate in good faith (and shall cause its Affiliates, employees and
       agents to cooperate in good faith) with Xeikon (as well as with Xeikon's
       Affiliates, employees and agents) with a view to permitting Xeikon to
       prepare itself in optimal conditions to continue the Activities as of the
       Closing Date.

5.4    From the Execution hereof and through Closing, Agfa and Xeikon will
       consult with each other with respect to and will coordinate their
       marketing and commercial efforts in connection with the Activities
       allowing Xeikon to present itself as Agfa's successor in this respect
       (including but not limited to the presence on DRUPA 2000 in accordance
       with the principles set out in letters exchanged between Messrs. A. Buts
       and W. Van Leuven dated April 28, 2000 and May 2, 2000.

5.5    Immediately upon the Execution hereof, a designated Transferee Entity
       will have the right to freely contact DPS Employees currently employed by
       designated Sales Organisation Companies, and to offer those DPS Employees
       employment at conditions equivalent to their current employment
       conditions, provided that such an employment offer is made subject to the
       condition precedent of Closing.

                                      -16-
<PAGE>   17

6      CONDITIONS PRECEDENT TO CLOSING

6.1    The completion of the transactions set out in this Agreement is subject
       to the satisfaction, prior to or on the Closing Date, of each of the
       following conditions:

       -  approval of the issuance, by a special shareholders' meeting of
          Xeikon, of the shares referred to in Section 4.1.1;

       -  the delivery by OVAM, of a "bodemattest" and any other approvals
          necessary to enable the transfer to Xeikon of any real estate referred
          to in Section 3;

       -  the delivery of a registered letter by Agfa to the competent authority
          in relation to the investment subsidy granted to it (dossier G 95
          00585), notifying the mentioned authority of the integration of the
          DPS Division into Xeikon;

       -  no preliminary or permanent injunction or other order shall have been
          issued by any court of competent jurisdiction, or by any governmental
          or regulatory body, nor shall any statute, rule regulation or
          executive order have been promulgated or enacted by any governmental
          authority which prevents the consummation of the transactions
          contemplated in this Agreement.

6.2    The Purchaser (or any Transferee Entity) shall not be obliged (a) to
       complete the transfer of any DPS Asset unless the transfer of all DPS
       Assets is completed in accordance with this Agreement or (b) to complete
       the DPS Division Contribution unless the Luithagen Contribution is
       completed simultaneously, and vice versa.

6.3    Both Parties shall make all reasonable efforts to achieve satisfaction
       of the Conditions Precedent as soon as possible. Notwithstanding article
       1179 of the Civil Code, the satisfaction of the Conditions Precedent
       shall have no retroactive effect.

6.4    Failing satisfaction of any of the Conditions Precedent, the Parties
       shall cooperate in good faith with a view to the expeditious satisfaction
       thereof, where necessary by altering the terms of this Agreement in a
       manner that respects the balance between the Parties' rights and
       obligations as set out in this Agreement.

6.5    The Parties confirm that they have jointly determined that the conclusion
       of this Agreement, the consummation of any of the transactions
       contemplated hereby or the Closing is not subject to prior approval by or
       notification to any competition authority.

6.6    It is agreed that (a) Xeikon, in its discretion, shall have no obligation
       to proceed with Closing if Xeikon discovers any fact or circumstance
       which was unknown

                                      -17-
<PAGE>   18

       to (and reasonably could not have been known to) Xeikon at the time of
       the conclusion of this Agreement, where such fact or circumstance
       reasonably may be expected to have a Material Adverse Effect and (b)
       Agfa, in its discretion, shall have no obligation to proceed with Closing
       if Agfa discovers any fact or circumstance which was unknown to (and
       reasonably could not have been known to) Agfa at the time of the
       conclusion of this Agreement, where such fact or circumstance reasonably
       may be expected to have a Material Adverse Effect on the business and
       affairs of Xeikon; for the avoidance of doubt, variations in the Xeikon
       share trading price that may not reasonably be considered to result from
       a Material Adverse Effect on the business and affairs of Xeikon shall not
       trigger the aforementioned right.

6.7    It also is agreed that Agfa shall, with respect to the period up to
       Closing, promptly after becoming aware thereof notify Xeikon of any facts
       or circumstances that are outside of control of the Agfa Group and that
       constitute a breach of one or more representations or warranties or
       result in any representations no longer being true and complete, where
       such facts or circumstances reasonably may be expected to have a Material
       Adverse Effect. In the event such notice is given, and where the
       conditions for giving such notice are satisfied, the Parties shall
       immediately confer in good faith with a view to agreeing on an adjustment
       of the consideration referred to in Section 4.1. If the Parties, in spite
       of having made all good faith efforts, fail to agree on such an
       adjustment, Xeikon shall have the option (a) not to proceed with Closing
       or (b) proceed with Closing, provided that in the latter case the facts
       and circumstances so notified by Agfa shall be considered to be
       disclosed.

6.8    The same procedure as set out in the preceding paragraph applies in case
       of an update made by Agfa between the Execution and Closing Date of those
       representations and warranties of the Seller with respect to Intellectual
       Property (Section 4 of Schedule 9) which were made subject to the best of
       Sellers' knowledge, provided that Agfa shall be entitled to make such an
       update only if and to the extent that it consists of facts or
       circumstances dating from after the Execution and being outside of the
       control of the Agfa Group.

7      CLOSING

7.1    The completion of the transaction contemplated by this Agreement and the
       execution and delivery of all documents in connection therewith (the
       "Closing") shall take place in the offices of Xeikon in Mortsel at 10:00
       AM on the Closing Date.

7.2    At Closing, the following actions shall be taken:

       -      Agfa shall deliver to Xeikon a certificate signed by two Agfa
              directors and certifying that the representations and warranties
              set out in Schedule 9 and Section 9.2 are true and correct as of
              the Closing Date, and that Agfa has

                                      -18-
<PAGE>   19

              performed and complied with all other obligations under this
              Agreement to the extent required as of the Closing Date.

       -      Xeikon shall deliver to Agfa a certificate signed by two Xeikon
              directors and certifying that the representations and warranties
              set out in Section 9.2 are true and correct as of the Closing
              Date, and that Xeikon has performed and complied with all other
              obligations under this Agreement to the extent required as of the
              Closing Date.

       -      A special Xeikon shareholder meeting will be held before a notary
              designated by Xeikon, during which it will be proposed to the
              Xeikon shareholders to approve the issuance of the new "A" shares
              referred to in Section 4 to Agfa and Luithagen, respectively.

       -      Conditional upon approval by the Xeikon special shareholder
              meeting, the newly issued shares will be recorded in the Xeikon
              share registry and countersigned by Agfa.

       -      to any extent practicable, the execution of the contracts relating
              to the completion of the SO Sale;

       -      such other actions as may be necessary or appropriate to complete
              the arrangements contemplated hereby.

7.3.   Agfa covenants and undertakes to assume all costs relating to the
       transport, packaging, insurance and delivery to a location identified by
       Xeikon (or, if requested by Xeikon, destruction) of the printing presses
       referred to in Section 4.1.1.

8      FACILITATION OF TRANSITION

8.1    The Seller covenants and undertakes to make all reasonable efforts upon
       due consultation with the Purchaser (both internally and in contacts with
       customers, suppliers or other relevant parties) (a) to ensure that the
       Activities continue in the normal course of business and without
       interruption, both prior to and for a reasonable period of time after
       Closing, and that Xeikon or the relevant Transferee Entity will obtain
       the full benefit of the Activities, and (b) to ensure the smooth
       transition, to Xeikon or to the relevant Transferee Entity, of all DPS
       Assets (and in particular Intellectual Property, customers and employees)
       that are the subject of the Transfer and shall execute such documents and
       take such other steps (or procure other parties to do so) as are
       necessary or appropriate for vesting in Xeikon or any relevant Transferee
       Entity all its rights and interests in the DPS Assets (including any
       security interests) and for transferring to Xeikon or any relevant
       Transferee Entity all administrative or other licenses, permits,
       certificates, consents, approvals and authorizations held by the Sellers
       in connection with the Activities.

                                      -19-
<PAGE>   20

8.2    A number of minimum arrangements in this respect will be detailed in
       accordance with the principles set out in Section 8 after the Execution
       of this Agreement. Such arrangements will be laid down in Exhibit 8.2 to
       this Agreement prior to Closing.

8.3    With respect to assets held or used by the Agfa Group in connection with
       the Activities, but not transferred (e.g. real estate), the Sellers shall
       grant Xeikon and any relevant Transferee Entity the right to use such
       assets prior to the relocation of the transferred DPS Assets (e.g.
       employees).

8.4    The Seller shall cause to be delivered, as soon as reasonably
       practicable, to Xeikon or to any relevant Transferee Entity:

          -   such documents as are required to complete the Transfer of the
              DPS Assets and vest title to these DPS Assets in Xeikon or any
              relevant Transferee Entity;

          -   all books of account, payroll records, income records, stock and
              other records, information relating to the Activities (including
              but not limited to documentation and information relating to
              customers and suppliers, and including in any event a list of all
              the customers of the Agfa Group in connection with the Activities
              during the last two years, a list of purchasers to which
              outstanding quotations have been given and a list of unfulfilled
              orders as at the Closing Date), relevant computer programs
              (including, where available, the source codes thereof) and other
              books, documents and information which relate to the Activities,
              so as to enable Xeikon or any relevant Transferee Entity to fully
              continue, as of Closing, the Activities as presently conducted
              without any interruption;

          -   all designs and drawings, plans, instructional and promotional
              material, sales publications, advertising materials, terms and
              conditions of sale and other technical material and sales matter
              which relate to the Activities, together with any plates, blocks,
              negatives and similar material relating to them;

          -   a list of sales distributors, identifying sales by units and the
              territory served during the last twelve months, and copies of all
              the current agreements with the distributors;

          -   the originals or, where not practicable, true and complete copies
              of all taxation and social contribution certificates, returns,
              records, correspondence and other documents relating to the
              Activities;

          -   all other deeds, agreements, records, books, or documents which
              are necessary or appropriate to continue, as of Closing, the
              Activities as presently conducted without any interruption.

                                      -20-
<PAGE>   21

8.5    Xeikon as well as any Transferee Entity in connection with the Activities
       shall have the right to continue using Agfa trademarks and tradenames
       that are not being transferred for a period of six months as from
       Closing.

8.6    The Sellers shall discontinue as soon as practicable the use of any
       trademarks and/or tradenames relating to the Activities except with a
       view to facilitating transition in accordance with this Section 8.

8.7    Agfa undertakes (both on its own behalf and on behalf of each of the
       Sales Organization Companies) that it shall proceed with or cooperate
       with respect to any formalities that may be required to transfer any DPS
       Assets that are not automatically transferred.

8.8    Both Parties shall make all reasonable efforts to ensure that, with
       respect to any agreement or commitment with third parties to which the
       Sellers are a party or by which they or any of their assets may be bound,
       the relevant third party agrees to the assignment by the relevant company
       of the Agfa Group to Xeikon (or any relevant Transferee Entity) of such
       agreement or commitment.

8.9    With respect to agreements and commitments with third parties to which
       the Sellers are a party or by which they or any of their assets may be
       bound and which Xeikon or any relevant Transferee Entity in accordance
       with this Agreement or with applicable law is willing or required to
       continue, in the event one or more third parties are unwilling or unable
       to continue such an agreement or commitment vis-a-vis Xeikon or any
       Transferee Entity, Agfa to any extent feasible shall conclude
       arrangements with Xeikon or any relevant Transferee Entity aimed at
       passing on to Xeikon or any relevant Transferee Entity the economic
       benefit and burden of the relevant agreements and commitments.

8.10   The Seller undertakes to promptly refer to Xeikon or any relevant
       Transferee Entity all enquiries relating to the Activities and assign to
       Xeikon or any relevant Transferee Entity all orders relating to the
       Activities which they may receive after Closing.

8.11   Until and up to the completion of the transfer by each Sales Organization
       Company (including any transition arrangements made with each Sales
       Organization Company in that respect), Agfa shall cause each Sales
       Organisation Company to act as a bonus pater familias and to continue to
       operate its Activities in the normal course of business and without
       interruption, as a going concern and with a view to fully preserving the
       value thereof and transfering the full benefit to Xeikon or any relevant
       Transferee Entity.

       As consideration for the services by a Sales Organization Company in
       accordance with the preceding paragraph, a commission of 3% of the net
       turnover of such Sales Organization Company for the period between
       Closing and the date of the completion of the transfer by each Sales
       Organization Company shall be due by Xeikon.

                                      -21-
<PAGE>   22

       Moreover, Agfa shall prepare in a careful and professional manner profit
       & loss accounts for each Sales Organization Company, giving a true and
       fair view of the results (profits or losses) of the Activities as
       conducted by each Sales Organization Company during the period indicated
       thereon, in a format and methodology identical to the format and
       methodology of the profit & loss accounts made available during due
       diligence. Any profits shall be payable to, and any losses due by,
       Xeikon.

       Any payments that may be due pursuant to the foregoing paragraphs shall
       be made at the time of completion of the relevant SO Sale to an account
       designated by Agfa or Xeikon as the case may be.

9      REPRESENTATIONS AND WARRANTIES

9.1    Representations and Warranties of the Seller

The Seller represents and warrants to the Purchaser that the Representations and
Warranties as attached here as Schedule 9.1. are true and correct on the date of
the Execution of this Agreement and on the Closing Date, save as set out in the
Dislosure Letter. Xeikon enters into this Agreement in reliance on these
Representations and Warranties.

Agfa makes the Representations and Warranties with respect to the Activities as
a whole, including the Representations and Warranties with respect to the
portion of the Activities that is conducted by the Sales Organizations.

These Representations and Warranties shall apply notwithstanding Xeikon's due
diligence and without prejudice to common law, shall be deemed to be made on and
as of the date of the Execution hereof and again on and as of the Closing Date,
and shall survive the Closing for the purpose of enabling the Purchaser to make
indemnification claims.

It is agreed that, where the application of the provisions of Section 4.2
("Specific Arrangements") would lead to a different result than the application
of the provisions of the Representations and Warranties (as qualified by the
Disclosure Schedule), only the provisions of Section 4.2 shall be applied.

9.2    Representations and Warranties of both Parties

       The Seller respectively the Purchaser represent and warrant that :

-      The Seller respectively the Purchaser is in every respect duly
       incorporated and registered and validly existing for an indefinite
       duration under the laws of their respective jurisdictions.

                                      -22-
<PAGE>   23

-      The Seller respectively the Purchaser has full corporate power, capacity
       and authority to enter into this Agreement and to perform and consummate
       the transactions contemplated therein.

-      The execution and delivery of this Agreement has been duly authorized by
       the board of directors of the Seller respectively the Purchaser and no
       further corporate action is required. All persons who execute this
       Agreement and all attachments, schedules, and other documents (including
       but not limited to the Disclosure Letter) delivered on behalf of the
       Sellers respectively the Purchaser have been duly authorized by all
       necessary corporate action of the Seller respectively the Purchaser.

-      This Agreement is valid and binding upon the Seller respectively the
       Purchaser and enforceable in accordance with its terms by the Purchaser
       respectively the Seller.

-      Parties have full corporate power, capacity and authority to own their
       assets and to carry on their business as currently conducted, and said
       business has been conducted at all times in conformity with their
       respective articles of association and all applicable laws and
       regulations.

-      Parties are duly qualified to do business in each jurisdiction in which
       the properties owned or leased by them or the operation of their business
       requires such qualification.

-      No action or petition is pending or, to the best of their knowledge,
       threatened, and no order is passed to declare any of the Parties
       bankrupt, nor has any of the Parties filed or commenced any proceeding
       for judicial or extra-judicial arrangement or settlement with their
       respective creditors nor is there any moratorium, liquidation or
       receivership procedure pending or, to the best of their knowledge,
       threatened against them. The Parties have not stopped payment nor (except
       as contemplated by this Agreement) ceased to carry on business, nor are
       they insolvent, nor are they confronted with any of the conditions for
       bankruptcy, liquidation or administration or a similar institution under
       their respective jurisdictions.

-      Save as disclosed in the Disclosure Letter, no consent, approval or
       notification or any other action or forbearance by any person under any
       (oral or written) agreement, instrument or other document to which the
       Sellers respectively the Purchaser are a party or by which the Sellers
       respectively the Purchaser are bound, or under any law, regulation, court
       decision or arbitral award (including European or national competition
       law) is required prior or after both the conclusion and the performance
       of this Agreement or the consummation of the transactions contemplated
       hereby.

-      The conclusion and performance of this Agreement and the consummation of
       the transactions contemplated hereby do not and will not : (i) contravene
       or

                                      -23-
<PAGE>   24

       conflict with the articles of association of or any other agreement
       concluded by the Sellers respectively the Purchaser, (ii) contravene or
       conflict with or constitute a violation of any provision of any law,
       regulation, judgment, injunction, order or decree which are binding upon
       or applicable to the Sellers, the Activities or any DPS Assets, or the
       Purchaser, (iii) constitute a default under or give rise to any right of
       modification, termination, or acceleration of any right or obligation of
       the Sellers or the Purchaser under any (oral or written) agreement or
       other instrument binding upon the Sellers or the Purchaser, (iv)
       constitute an infringement on any license, permit or other similar
       authorization held by the Sellers or the Purchaser, or (v) result in the
       creation or imposition of any Encumbrance on any DPS Asset of the
       Sellers.

10     INDEMNIFICATION

10.1   Principle

Agfa or, as the case may be, Xeikon (the "Indemnifying Party") undertakes to
indemnify and hold harmless Xeikon (or, at Xeikon's election, the Transferee
Entity or Entities), or, as the case may be, Agfa (the "Indemnified Party"),
with respect to any Damages arising out of or in connection with any
representations, warranties, covenants or obligations made or assumed by Agfa or
Xeikon, as the case may be, under this Agreement for an amount equal to the
amount of such Damages.

10.2   Procedure

The Indemnified Party in the event it believes being entitled to indemnification
under this agreement shall provide the Indemnifying Party with a notice (the
"Indemnification Notice") that sets out in reasonable detail the circumstances
or events that in its opinion give rise to indemnification by the Indemnifying
Party, as well as (on the basis of the then existing situation and the then
available information) a good faith estimate of the Damages.

If the Indemnification Notice has not been contested by the Indemnifying Party
within sixty (60) Business Days as of the Indemnification Notice, the
Indemnifying Party shall be deemed to have irrevocably accepted the
indemnification claim and shall be obliged to pay the amount claimed by the
Indemnified Party within ten (10) Business Days to an account designated for
such purpose by the Indemnified Party.

In case the indemnification claim is contested in accordance with the provisions
of this Article, the Indemnifying and Indemnified Party shall in good faith
confer with a view to reaching an agreement on the indemnificatin claim, during
a period of forty (40) Business Days. If no agreement has been reached after
such forty (40) Business Days, the indemnification claim shall be settled by the
arbitration procedure referred to in Section 18.

In case an indemnification claim is brought by a third party, including by
reason of actions of a tax administration or social administrations, against the
Indemnified Party,

                                      -24-
<PAGE>   25

the Indemnified Party shall (without prejudice to its right to take all measures
that it deems necessary or appropriate to protect its interests) give notice
thereof to the Indemnifying Party. The Indemnified Party shall defend all
indemnification claims brought by a third party, but shall consult with the
Indemnifying Party on a reasonable basis with respect to issues of such defense
(subject to the Indemnifying Party not unduly delaying such defense), and shall
not settle any such indemnification claim or acquiesce in any interim or
definitive judgment without the Indemnifying Party's approval (which shall not
unreasonably be withheld or delayed).

Any payments under this Section 10 shall be made without set-off or
counterclaim, and shall be free and clear of and without deduction or
withholding for or on account of, any present or future taxes, levies, imposts,
duties, fees, assessments or other charges of whatever nature, and all interest,
penalties or similar liabilities with respect thereto ("Taxes"). If any Taxes
are required by law to be deducted or withheld in connection with any such
payment, the Indemnifying Party will increase the amount paid so that the full
amount of such payment is received by the Indemnified Party as if no such
deduction or withholding had been made.

10.3   Survival of Representations and Warranties

The Representations and Warranties of the Parties shall survive the Closing for
the purpose of this Section 10. No Indemnification Notices may be given under
this Section 10 after a period of two years from the Closing Date, provided that
(a) Indemnification Notices relating to a breach of any Representations and
Warranties that relate to the Seller's title to any real property may be made
until the expiration of a period ending two months after receipt of any
indemnification claims relating to the relevant real property; (b)
Indemnification Notices relating to taxation and social security matters may be
made until the expiration of a period ending two months after the date on which
the applicable statutes of limitation have tolled and (c) Indemnification
Notices relating to a breach of the Representations and Warranties laid down in
Section 4.3 of Schedule 9 may be made during a three-year period from the
Closing Date insofar as they relate to the research and development projects
enumerated in Exhibit 10.3.

10.4   Limitations

The Parties shall have no liability under this Section 10 for any Damages of
less than Euro 30,000, provided that if Damages exceed Euro 30,000, the relevant
Party shall be liable for the entire amount of the Damages and not merely for
the amount exceeding Euro 30,000. In addition, it is agreed that the Parties
shall have no liability under this Section 10 except if the cumulative amounts
of all Damages reaches Euro 300,000.

In any event, the Parties' liability under this Section 10 for any Damages
resulting from a breach of any of the Representations and Warranties as set out
in Schedule 9.1 and Section 9.2 of this Agreement shall be capped at one third
(1/3) of the aggregate

                                      -25-
<PAGE>   26

of (a) the total number of shares issued under this Agreement multiplied by Euro
20,5 and (b) any cash paid under this Agreement to the Agfa Group.

In order to compute the aforementioned thresholds, it is agreed that Damages
arising out of identical issues shall be taken together to determine whether
such threshold is exceeded and that, with respect to Damages relating to
taxation and social security matters, each additional assessment shall be taken
as a single claim although such assessment may relate to different issues, and
several additional assessments shall also be taken as a single claim to the
extent they relate to identical matters.

For the avoidance of doubt, Parties agree that these limitations shall not apply
in the case of a breach of the convenants or undertakings assumed under Section
12 of this Agreement.

11     SELLER'S ENVIRONMENTAL COVENANT

11.1.  Agfa has discussed the condition of the soil, subsoil and groundwater of
       the DPS-related real estate in detail with the competent authority
       (Openbare Afvalstoffenmaatschappij voor het Vlaamse Gewest (OVAM)).

       As a result of these discussions, Agfa has applied for a specific
       certificate (bodemattest) from this authority. Moreover, Agfa has
       undertaken a unilateral, irrevocable and unconditional commitment to
       conduct a clean-up action and, in general, to respect all obligations
       deriving from applicable laws and regulations (bodemsaneringsdecreet) and
       has obtained a valid and binding bank guarantee to cover its obligations
       in this respect, in accordance with a cost estimate prepared by an
       authorised expert (Environmental Resources Management N.V.).

       Xeikon acknowledges the right of Agfa to conduct such a clean-up action,
       provided that such a clean-up action is organised in a manner that will
       not disrupt or unduly hinder the continuity of Xeikon's business
       activities.

       Agfa is fully responsible for the timely and succesful initiation and
       completion of the clean-up action and, in general, the observance of all
       obligations deriving from the above-mentioned applicable laws and
       regulations and referenced on the "bodemattest" and shall hold Xeikon
       fully harmless for any Claims addressed against Xeikon in this respect.

12     NON-COMPETITION COVENANT

12.1   Agfa covenants and undertakes (and Agfa shall cause this covenant and
       undertaking to be complied with by all Sales Organization Companies as
       well as by its Affiliates), that it will not, whether directly or
       indirectly, whether remunerated or not, whether itself or through agents,
       Affiliates, group

                                      -26-
<PAGE>   27

       companies, intermediaries, joint ventures, alliances, or as a director,
       manager, shareholder of any entities or as a subcontractor or in any
       other way:

       (i)    for a period of three years commencing on the first Business Day
              after Closing, in any of the countries where the Activities are
              carried on, carry on or be interested in a business (other than a
              passive investment not exceeding 10% of the capital of any entity)
              that directly or indirectly competes with the Activities as
              continued by Xeikon and/or by any of the Transferee Entities;

       (ii)   use or divulge any Confidential Information (as such term is
              defined in the Non-Disclosure Agreement signed between the Parties
              on December 16, 1999) that relates to the Activities or the DPS
              Division; this undertaking of confidentiality moreover shall be
              applicable to every item of information that a reasonable person
              would or should consider to be confidential, even if such
              confidential character does not result from the aforementioned
              Non-Disclosure Agreement;

       (iii)  starting on the Execution Date hereof and for a period ending
              three years after Closing, solicit or entice away (or endeavor to
              solicit or to entice away) from or, except with the prior approval
              of Purchaser or in accordance with the Right to Return
              Arrangement, employ any individuals who at the time of
              solicitation, enticement or employment attempt thereof are a
              director, employee or consultant of Xeikon or any of its
              Affiliates or of any Transferee Entity (except if fired or
              terminated by Xeikon) or; specifically in relation to the Right to
              Return Arrangement, Agfa undertakes that it shall not encourage
              or, to the extent permissible under law, permit, any individual
              that has made use of the Right to Return Arrangement to seek or
              accept employment with a company that competes with Xeikon,
              whether at the present time or at the time at which such
              employment is sought or accepted;

       (iv)   for a period of three years commencing on the first Business Day
              after Closing, in relation to any business activity which Sellers
              are precluded from carrying on pursuant to this Section 12,
              solicit, entice away or endeavor to entice away from Xeikon or any
              relevant Transferee Entity any person, firm, company or other
              organization which currently is or was at any time during a period
              of six months preceding the Closing Date a customer or supplier of
              the Sellers in connection with the Activities.

12.2   In case the Seller breaches any of the covenants or undertakings assumed
       by it under this Section 12, then it shall forfeit to the benefit of
       Xeikon at first demand, with respect to each instance of breach, a
       lump-sum indemnity of Euro 60,000, to be increased by Euro 2,000 for each
       day, or part thereof, that such breach continues after the third day
       after receipt of the notification of such breach, without prejudice to
       Purchaser's right to prove the existence of higher

                                      -27-
<PAGE>   28

       damages or to seek specific performance or injunctive relief in respect
       of such breach.

12.3   In the event Xeikon believes being entitled to indemnification under this
       Section 12 of the Agreement, it shall provide Agfa with a notice that
       sets out in reasonable detail the circumstances or events that in its
       opinion give rise to indemnification under this Section 12.

       Upon reception of the notice, the Parties shall confer in good faith with
       a view to reaching an agreement on such claim. If no agreement has been
       reached after forty (40) Business Days, the claim shall be settled by the
       arbitration procedure referred to in Section 18.

12.4   Seller acknowledges that any breach of any of the covenants or
       undertakings assumed by it on behalf of the Agfa Group under this Section
       12 may result in serious and irreparable damage to Xeikon and/or the
       Transferee Entities for which it is appropriate to seek, on an urgent
       basis, injunctive relief as well as specific performance.

12.5   The restrictions contained in this Section 12 are considered reasonable
       by the Parties; but, in the event that any such restriction shall be
       found to be void but would be valid if part of it were deleted or reduced
       in scope, that restriction shall apply with such deletion or reduction as
       may be necessary to make it valid and enforceable.

13     STAND STILL COVENANT

13.1   Agfa (acting both on its own behalf and on behalf of each of its
       Affiliates) hereby undertakes not to increase, whether directly or
       indirectly, whether itself or through agents, Affiliates, group
       companies, intermediaries, joint ventures, alliances, or as a director,
       manager, shareholder of any entities or in any other way, during a period
       expiring one year after Closing, the ownership or control of Xeikon
       shares (or of any securities convertible in Xeikon shares) in excess of
       an amount equal to the sum of (a) the amount of Xeikon shares held,
       directly or indirectly, by companies of the Agfa Group as of the
       Execution Date of this Agreement (and Agfa represents that the Agfa Group
       holds an aggregate of 5,882,300 Xeikon "A" shares), and (b) the number of
       Xeikon shares that will be issued to the Agfa Group in accordance with
       this Agreement.

13.2   Any infringement of this undertaking shall give rise to Agfa forfeiting
       at first demand by Xeikon, to the benefit of Xeikon, liquidated damages
       in an amount equal to the average per share trading price in the month
       preceding the relevant infringement, per share that has been acquired in
       violation of this commitment.

13.3   Furthermore, Agfa undertakes to hold Xeikon harmless against any Claims
       by third party shareholders from Xeikon, in consideration of Agfa's
       violation of this commitment.

                                      -28-
<PAGE>   29

13.4.  Agfa also shall cause Luithagen to retain for a period of three years
       after Closing any shares received by Luithagen in connection with the
       Luithagen contribution.

14.    COVENANTS OF PURCHASER

14.1.  Xeikon covenants that all DPS Employees shall transfer to Xeikon (or any
       Transferee Entity) at employment conditions that in the aggregate are
       equivalent to their current employment conditions.

14.2.  Xeikon covenants that the Xeikon Transferred DPS Employees whose
       principal place of employment is located outside Belgium in a country
       where Xeikon has at present no affiliate will not experience any
       disadvantage in their employment conditions due to the fact that Xeikon
       has at present no affiliate in such country.

15     FURTHER AGREEMENTS

15.1   Termination of Agreements

Subject to the occurrence of Closing, the Parties hereby consent to the
termination, as of the Closing Date, without liability for either party, of all
agreements previously concluded between Xeikon (or any Affiliate of Xeikon) and
Agfa (or any Affiliate of Agfa) and that relate to the activities of the DPS
Division, such as (i) the Purchase & Supply Agreement Toner and Developer dated
15 June 1992, the Amendment Purchase & Supply Agreement Toner and Developer
dated September 1994, the Purchase & Supply Agreement Toner and Developer dated
January 1996; (ii) the Engine Agreement dated March 1994, the Engine Agreement
dated February 1996; (iii) the "Beginselakkoord" dated April 1997 and the March
1998 Eagle Agreement; (iv) the "Witte Toner" Agreement dated 1 February 1999;
and (v) the T&D Framework Agreement dated 1999.

Subject to the occurrence of Closing, the Parties (both on their own behalf and
on behalf of any of their Affiliates) hereby mutually, immediately and
irrevocably release and renounce all claims (including but not limited to
warranty claims, but excluding claims for payment of invoices) under or in
connection with the aforementioned agreements.

With respect to the matters previously governed by the March 1998 Eagle
Agreement, Parties agree that Agfa will be entitled to receive from Xeikon, with
respect to Xeikon sales in the years 2002, 2003 and 2004, to a per-unit royalty
of Euro 1,500 with respect to all Eagle Units sold in those calendar years in
which Xeikon sells more than 500 Eagle Units. Agfa hereby undertakes a
commitment for a seven-year guaranteed supply, to Xeikon, of Eagle laser modules
or, in case Agfa decides to discontinue its manufacturing of such modules, a
commitment to transfer to Xeikon a non-exclusive, royalty-free license (with the
right to sublicense manufacturing) to all of Agfa's Intellectual Property and
know how relating to such modules as well as all process

                                      -29-
<PAGE>   30

documentation, and shall also, on a best efforts basis, assist Xeikon in
identifying third parties that are able to continue the manufacturing of such
modules so as to allow Xeikon to continue the sale of such modules.

15.2   Cooperation

The Parties acknowledge that certain exchange and notification of information or
other actions may be required from time to time with respect to this Agreement
even after the Closing Date. The Parties and their respective representatives
shall use their reasonable efforts to cooperate with one another in the
expeditious completion of all such notifications and actions required.

15.3   VAT Regime of Buildings

To the extent it would appear that one or more of the buildings to be
transferred would be considered as "new" for VAT purposes, the Parties agree to
make such transfer under application of the VAT regime.

16.    PRESS RELEASE AND CONFIDENTIALITY

Both Parties agree that the arrangements set forth in this Agreement shall be
the subject of jointly approved press releases along the terms set forth in
Exhibit 16.1. which shall be made public by each of the parties upon the
execution hereof.

Both parties acknowledge that their shares are traded on one or more regulated
markets and undertake (both on their own behalf and on behalf of each of their
Affiliates) not to disclose any information with respect to the terms of this
Agreement, except as required by applicable law or a court or administrative
decision and subject to the publication of the aforementioned press releases.

17.    OTHER PROVISIONS

17.1.  Entire Agreement

This Agreement together with all of its annexes contains the entire Agreement of
the Parties relating to the subject matter hereof and supersedes all overall
statements and prior writings with respect hereto.

17.2.  No assignment or transfer

This Agreement shall be binding upon and inure to the benefit of the Parties and
their respective legal successors. No party may, directly or indirectly, assign
or transfer this Agreement or any right, obligation or interest therein in whole
or in part without the prior written consent of the other parties, except as
provided herein.

                                      -30-
<PAGE>   31

17.3.  Variation

No variation or amendment of this Agreement shall be effective unless in writing
and signed by or on behalf of each of the Parties to this Agreement.

17.4.  Waivers not presumed

No failure or delay on the part of the Parties in exercising in whole or in part
any right under this Agreement, shall operate as a waiver of, or impair, any
such right, the further exercise thereof, or the exercise of any other right. No
waiver shall be effective unless given in writing in accordance with the notice
provisions of this Agreement.

17.5.  Partial unenforceability

Any non-essential provision of this Agreement which is prohibited or
unenforceable in any respect in any jurisdiction shall be ineffective to the
extent of such prohibition or unenforceability, without affecting, impairing or
invalidating the remaining provisions of this Agreement or the enforceability
thereof. The parties shall use their best efforts to replace the invalid
provision by a provision that achieves the original intent of the parties to the
fullest extent possible, while respecting to any possible extent the balance of
the Parties' rights and obligations.

17.6.  Costs and expenditures

The Seller and the Purchaser shall be responsible for all costs and expenditures
they incur in connection with the negotiation, conclusion and implementation of
this Agreement. Neither Xeikon nor the DPS Division shall bear any fees or
expenses of external counsel or advisors of the Seller.

17.7.  Notices

Any notice or other communication requiring to be given or served under or in
connection with this Agreement shall be in writing and shall be sufficiently
given or served if delivered or sent :

In the case of the Sellers to Agfa-Gevaert N.V. at :

  Septestraat 27, 2640 Mortsel

  Fax: + 32.3.444.7228
  Attention: Francis Delwiche

In the case of the Purchaser to Xeikon N.V. at :

 Vredebaan 72, 2640 Mortsel

 Fax: +32.3.443.1309
 Attention: Alfons Buts

                                      -31-
<PAGE>   32

or to such other address as the addressee may from time to time have notified
for the purpose of this Section 17.

Any such notice or other communication shall be delivered by hand or sent by
courier or registered mail. If sent by hand or by courier or registered mail
such notice or communication shall conclusively be deemed to have been given or
served at the time of receipt by the addressee. A copy of all notices shall be
sent, in the same way and at the same time as the original notice is sent, to
the person specified above.

18     GOVERNING LAW AND SUBMISSION TO ARBITRATION

This Agreement and the documents to be entered into pursuant to it, save as
expressly referred to therein, shall be governed by and construed in accordance
with Belgian law.

Any disputes that may arise between the Parties in connection with this
Agreement shall be settled by way of Cepina arbitration. The arbitral tribunal
shall be composed of three arbiters. The place of arbitration shall be Brussels
and the proceedings shall be conducted in the English language.

This Agreement has been duly executed by the Parties on May 16, 2000 in Mortsel,
in two original counterparts, each party by executing this Agreement
acknowledging having received one original. Agfa hereby authorizes Ms. Annick
Eeckloo and/or Mr. Serge Ruysseveldt, and Xeikon authorizes Ms. Dominique Van
Audenrode and/or Mr. Frederic Hinnekens to initial any Exhibits on their
respective behalf.

FOR AND ON BEHALF OF XEIKON N.V.          FOR AND ON BEHALF OF AGFA GEVAERT N.V.

------------------------                  ------------------------

Alfons Buts                               Andre Bergen

Managing Director                         Managing Director

------------------------                  ------------------------

Jan Van Daele                             Dr. Klaus Seeger

Director                                  Managing Director

                                      -32-
<PAGE>   33

                                LISTS OF EXHIBITS

<TABLE>
<S>                   <C>
1)  Exhibit 2.1./1 :  list of the Agfa DPS Sales Organization Companies

2)  Exhibit 2.1./2 :  list of Transferee Entities

3)  Exhibit 2.2.(a) : copy of the contribution proposition

4)  Exhibit 3.1.(a) : Intellectual Property Rights

5)  Exhibit 3.1.(c)/1 : list of DPS Employees

6)  Exhibit 3.1.(c)/2 : copy of the Right to Return Arrangement

7)  Exhibit 3.1.(d)/1 : drawing of real estate used in Heultje in connection
                        with the DPS Activities transferred to Xeikon (including
                        purchase option)

8)  Exhibit 3.1.(d)/2 : drawing of the right of way (erfdienstbaarheid) for Agfa

9)  Exhibit 3.1.(e):  list of shared assets

10) Exhibit 3.2./1:   list of contribution of land by Luithagen

11) Exhibit 3.2./2:   Agfa draft of lease arrangement for building G 653 and ware houses

12) Exhibit 4.1.1:    list of 51 digital printing presses forming part of the Inventory of
                      the Agfa Group as per 30 April 2000

13) Exhibit 4.2.(b) : overview leasing contracts DPS

14) Exhibit 4.2.(d) : list of parameters to calculate the pension liabilities for the

                      transferred DPS Employees

15) Exhibit 8.2. :    list of transition arrangements, annexed after execution of the

                      Transfer Agreement

16) Exhibit 9.1. :    Disclosure Letter (including an index of the documents of the

                      dataroom)

17) Exhibit 9.2. :    pro forma opening balance sheet per April 30, 2000

18) Exhibit 10.3. :   list of R & D projects

19) Exhibit 16.1.:    draft press releases
</TABLE>

                                      -33-<PAGE>   1

                                                                   EXHIBIT 10.19

                                                                  EXECUTION COPY

                            AGFA-GEVAERT DPS DIVISION
                               TRANSFER AGREEMENT
                                 ADDENDUM NO. 1

                        Entered into as of June 30, 2000

                                     BETWEEN

XEIKON N.V., with registered office at Vredebaan 72, B-2640 Mortsel, Registry of
Commerce of Antwerp No 265.170, ("Xeikon"), acting both on its own behalf and on
behalf of the Transferee Entities (as defined in the Agreement)

                                       AND

AGFA-GEVAERT N.V., with registered office at Septestraat 27, B-2640 Mortsel,
Registry of Commerce of Antwerp No 163.653 ("Agfa"), acting both on its own
behalf and on behalf of LUITHAGEN N.V., with registered office at Septestraat
27, B-2640 Mortsel, Registry of Commerce of Antwerp No 238.144 ("Luithagen"), as
well as of the Sales Organization Companies (as defined in the Agreement)

<PAGE>   2

                                                                  EXECUTION COPY

WHEREAS:

1.     Xeikon and Agfa entered into a transfer agreement on May 16, 2000 (the
       "Agreement") by virtue of which Agfa transfers or causes to transfer to
       Xeikon on a worldwide basis the activities of the Agfa Group in
       connection with the research and development, manufacturing, marketing,
       sale and servicing of toner-based digital printing equipment and related
       toners and developers.

2.     From a review conducted following the execution of the Agreement, it has
       appeared that the parcels identified as "1072/2", "1076k", and "1076x"
       (as identified on the relevant plans and in the report of the land
       surveyor, Mr. F. Janssens) (the "Parcels") are not held by Luithagen, but
       rather by Agfa.

3.     Moreover, it has appeared that the reference in Section 4.1.1 as well as
       in Exhibit 4.1.1 of the Agreement to (a) 16 new and unused digital
       printing presses, and (b) 35 unused and obsolete and/or used digital
       printing presses entailed a clerical error.

       The composition of the aforementioned presses has also undergone certain
       further modifications, apart from this clerical error. Parties are
       willing to agree on specific arrangements resulting from and taking into
       account these modifications.

4.     In addition, it has appeared that certain adaptations to the current
       estimate of the aggregate value of the Inventory that is acquired by
       Xeikon as part of the DPS Division Contribution were necessary.

5.     Section 2.2.(c) of the Agreement provides that the SO Sale will be
       implemented on a country by country basis and pursuant to separate
       agreements (the "SO Agreements"). Xeikon and Agfa are willing to specify
       that the arrangements laid down in these SO Agreements are without
       prejudice to the arrangements laid down in the Agreement.

       In this respect, Xeikon and Agfa, however, confirm that the continuation
       to operate the SO Activity by the Sales Organization Company (as provided
       for in such SO Agreements) does not infringe upon the non-competition
       covenant laid down in Section 12 of the Agreement.

6.     Section 2.2.(c) of the Agreement also provides that the various national
       laws that may be applicable as well as business necessities may require
       changes to the existing arrangements of the Agreement, provided that such
       adaptations will be consistent with the balance of rights and obligations
       between Xeikon and Agfa.

       In view of this provision, Xeikon and Agfa are willing to make the
       following adaptation to the general rule that the DPS Division as
       contributed by Agfa will

                                       2
<PAGE>   3

                                                                  EXECUTION COPY

       also comprise the fixed assets, Goodwill and digital printing presses
       acquired by Agfa from the Sales Organization Companies prior to Closing.

       In particular, Xeikon and Agfa are willing to agree that, with respect to
       the French and Italian Sales Organization Company, the Goodwill related
       to this specific Sales Organization Company will not be transferred to
       Agfa prior to Closing to form part of the DPS Division Contribution by
       Agfa, but will be transferred directly to the relevant Transferee Entity
       as part of the SO Sale.

       A corresponding amount of cash will be contributed by Agfa as part of the
       DPS Division Contribution.

7.     As stated above, the SO Agreements will provide that the relevant Sales
       Organization Company shall continue to operate the SO Activity during a
       transitional period (but in no event later than September 30, 2000).

       As consideration for these services, Xeikon and Agfa are willing to agree
       to a commission based remuneration to be paid by Xeikon to Agfa.
       Moreover, Xeikon is prepared to carry the losses incurred during such
       period, in accordance with Section 8.11 of the Agreement.

8.     In addition, the SO Agreements will provide that all consumables and
       spare parts used by the relevant Sales Organization Company in connection
       with the SO Activity will be transferred directly from the relevant Sales
       Organization Company to the designated Transferee Entity (except for the
       above-mentioned arrangement with respect to the French and Italian Sales
       Organization Company).

       These SO Agreements will stipulate that such transfer is agreed upon
       against a specific consideration (i.e. based upon price lists provided by
       Xeikon) which will be higher than the consideration which has been agreed
       upon between Agfa and Xeikon (i.e. based upon production cost or, in the
       case of items acquired from third parties, acquisition cost - to be
       increased with reasonably incurred transport and import costs).

       Xeikon and Agfa are willing to agree that Agfa will return, in each case,
       to Xeikon the difference between the outcome of the two mentioned methods
       of calculation of consideration.

9.     The possibility is acknowledged that not all of the consumables and spare
       parts held by the various Sales Organization Companies will be acquired
       by the entity that continues the DPS Activities of those Sales
       Organization Companies. Therefore, Xeikon is willing to undertake,
       towards each of the Sales Oragnization Companies, to acquire such spare
       parts and consumables, provided that certain reductions of valuation
       shall be applied.

                                       3
<PAGE>   4

                                                                  EXECUTION COPY

10.    Xeikon and Agfa are, therefore, willing to amend this Agreement in
       accordance with Section 17.3 of the Agreement.

NOW THEREFORE IT IS AGREED AS FOLLOWS:

1      TRANSFER OF ACTIVITIES

1.1.   Xeikon and Agfa agree that the Parcels will no longer be a part of the
       subject matter of the Luithagen Contribution as described in Section 3.2
       of the Agreement, but will fall under the subject matter of the DPS
       Division Contribution as described in Section 3.1 of the Agreement.

1.2.   Taking into account the aggregate surface of the Parcels, Xeikon and Agfa
       agree that the Xeikon "A" shares to be issued to Luithagen in accordance
       with Section 4.1.2 of the Agreement will be reduced by 3,420 Xeikon "A"
       shares. Consequently, the consideration for the Luithagen Contribution
       will consist of 15,581 Xeikon "A" shares.

1.3.   Xeikon and Agfa also agree that the consideration for the DPS Division
       Contribution as set out in Section 4.1.1.(i) of the Agreement will be
       increased by 3,420 Xeikon "A" shares, resulting in a total of 1,326,394
       Xeikon "A" shares.

2      DIGITAL PRINTING PRESSES

2.1.   Xeikon and Agfa confirm that the numbers of digital printing presses
       mentioned in Section 4.1.1 (ii) of the Agreement should be read as
       follows: 15 digital printing presses (unused and new) and 34 digital
       printing presses (unused and obsolete or used, not including one "demo"
       press which forms part of the fixed assets that will be acquired by
       Xeikon).

2.2.   It is further agreed that the composition of the aforementioned presses
       subsequent to the execution of the Agreement and subsequent to the
       confirmation set out in Section 2.1 has undergone certain modifications,
       on balance resulting in Agfa transferring to Xeikon three additional
       digital printing presses (as set out in an exchange of e-mails between
       Mr. W. Verheyen and Mr. F. Convent on June 27, 2000). It has been agreed
       that the aforementioned three digital printing presses shall be
       contributed by Agfa to Xeikon for an aggregate consideration of EUR
       200,000. The number of Xeikon "A" shares that are being issued in return
       for the Inventory has been adjusted accordingly. Application shall be
       made of Section 7.3 of the Agreement.

2.3.   On June 29 2000 Agfa disclosed the following: a second-hand digital
       printing press forming part of the fixed assets of the Swiss Sales
       Organization Company has after the execution of the Agreement but prior
       to Closing been sold to a

                                       4
<PAGE>   5

                                                                  EXECUTION COPY

       customer and therefore can not be repurchased by Agfa from said Sales
       Organization Company as provided by Section 2.2(a) so as to form part of
       the DPS Division Contribution to be effected by Agfa in accordance with
       Section 3.1(j) of the Agreement. It is agreed that the contribution of
       said digital printing press will be replaced by the transfer to Xeikon of
       an amount equal to the book value thereof, i.e. CHF 222,399.

3      INVENTORY

3.1.   Xeikon and Agfa agree that the estimate, as per May 16, 2000, of the
       aggregate value of the Inventory that is acquired by Xeikon as part of
       the DPS Division Contribution was that the contribution of said Inventory
       would give rise to the issuance of 321,360 Xeikon "A" shares (Section
       4.1.1.(ii) of the Agreement). For the avoidance of doubt, this is prior
       to the adjustments resulting from the pre-Closing audit that was carried
       out pursuant to the aforementioned provision of the Agreement.

4      EXECUTION AND IMPLEMENTATION OF SO AGREEMENTS

4.1.   Xeikon and Agfa agree that the execution and implementation of the SO
       Agreements is without prejudice to the arrangements laid down in the
       Agreement, provided, however, that the continuation of the operation of
       the SO Activity by the relevant Sales Organization Company in accordance
       with such SO Agreements will not be considered to constitute a breach of
       the non-competition covenant laid down in Section 12 of the Agreement.

5      CONSTRUCTION OF SECTION 3.1.(j) OF THE AGREEMENT

5.1.   Xeikon and Agfa agree that Section 3.1.(j) of the Agreement should be
       read as follows:

              "For the avoidance of doubt, the DPS Division as contributed by
              Agfa will also comprise the fixed assets, Goodwill and digital
              printing engines acquired by Agfa from the Sales Organization
              prior to Closing. ".

6      SPECIAL ARRANGEMENTS REGARDING THE FRENCH AND ITALIAN SALES ORGANIZATION
       COMPANIES

6.1.   Xeikon and Agfa agree that, with respect to the French and Italian Sales
       Organization Companies, the Goodwill related to these specific Sales
       Organization Companies (i.e. an amount of EUR 94,370 for France and EUR
       99,825 for Italy) will not be transferred to Agfa prior to Closing to
       form part of the DPS Division Contribution by Agfa, but will be
       transferred directly to the relevant Transferee Entity as part of the SO
       Sale.

       Instead, a corresponding amount of cash will be transferred to Agfa prior
       to Closing to form part of the DPS Division Contribution by Agfa.

                                       5
<PAGE>   6

                                                                  EXECUTION COPY

7      CONTINUATION OF OPERATION OF THE SO ACTIVITY

7.1.   As consideration for the services rendered by the relevant Sales
       Organization Company in connection with the continuation to operate the
       SO Activity during a transitional period (but in no event later than
       September 30, 2000) in accordance with the applicable SO Agreement, a
       commission of 3% of the net turnover of the SO Activity for this
       transitional period shall be due by Xeikon to Agfa.

7.2.   Moreover, Agfa shall cause the relevant Sales Organization Companies to
       prepare in a careful and professional manner profit and loss accounts,
       giving a true and fair view of the results (profits or losses) of the SO
       Activity as conducted by the relevant Sales Organization Company during
       such a transitional period, in a format and methodology identical to the
       format and methodology of the profit and loss accounts made available
       during the due diligence to Xeikon, provided that these accounts shall
       not contain any allocation of Agfa-Gevaert N.V. head office expenses. Any
       profits shall be payable to, and any losses due by, Xeikon.

7.3.   Any payments that may be due pursuant to the foregoing paragraphs shall
       be made at the end of such transitional period to an account designated
       by Agfa or Xeikon, as the case may be.

8      RETURN OF CONSIDERATION RECEIVED

8.1.   Xeikon and Agfa agree that, in case of a direct transfer from the
       relevant Sales Organisation Company to the designated Transferee Entity
       of spare parts and consumables used by the relevant Sales Organization
       Company, Agfa will, immediately upon receipt of the consideration to be
       paid by such Transferee Entity for such spare parts and consumables,
       remit to Xeikon the difference between (i) the consideration paid by such
       Transferee Entity pursuant to the applicable SO Agreement and (ii) the
       consideration which has been agreed upon between Agfa and Xeikon (and
       which is based upon production cost or, in the case of items acquired
       from third parties, acquisition cost - to be increased with reasonably
       incurred transport and import costs).

9      ACQUISITION BY XEIKON OF CERTAIN SPARE PARTS

9.1    Xeikon hereby undertakes to acquire, from each of the Sales Organization
       Companies, the spare parts and consumables which under the SO Agreements
       have not been acquired by the Buyer in accordance with Article 2 of such
       SO Agreements.

       These spare parts and consumables shall be acquired at the price set
       forth in the "Munchen Spare Parts Agreement" to be concluded between Agfa
       and Xeikon, i.e.

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<PAGE>   7

                                                                  EXECUTION COPY

       - consumables with a shelf life of less than three months shall be
         transferred at no cost to Xeikon;

       - the remainder of the consumables as well as the spare parts shall be
         acquired by Xeikon at the conditions set forth in the Agreement, i.e.
         at production cost or, in the case of items acquired from third
         parties, at acquisition cost (to be increased with reasonably incurred
         transport and import costs in case of items physically located at Sales
         Organisation Companies), provided that, in the case of spare parts, the
         valuation reductions applied by Agfa's "B-Max" system on account of
         inventory coverage ("stockdekking") shall be applied.

9.2    It is further agreed, for the avoidance of doubt, that the
       representations and warranties set forth in Section 3.3 of Schedule 9 of
       the Agreement shall not be affected by the arrangements set forth in
       Section 9.1 hereof.

10     INTEGRATION WITH AGREEMENT

       This addendum forms an integral part of the Agreement.

This addendum has been duly executed by Xeikon and Agfa on June 30, 2000, in
Mortsel, in two original counterparts, each party by executing this Agreement
acknowledging having received one original.

FOR AND ON BEHALF OF XEIKON N.V.          FOR AND ON BEHALF OF AGFA GEVAERT N.V.

-----------------------------------       --------------------------------------

Alfons Buts                               --------------------
President and Chief Executive Officer     Managing Director

-----------------------------------       --------------------------------------

Jan Van Daele                             --------------------
Director                                  Director

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