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                                                                    EXHIBIT 10.2

                               EXCHANGE AGREEMENT

                                     BY AND

                                      AMONG

                            THE CONCOURS GROUP, INC.,
                             A DELAWARE CORPORATION

                                       AND

                          THE SHAREHOLDERS OF CEPRO AB
                               LISTED ON EXHIBIT A

                          DATED AS OF FEBRUARY 29, 2000

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                                TABLE OF CONTENTS

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EXCHANGE AGREEMENT................................................................1
RECITALS..........................................................................1
AGREEMENT.........................................................................1
ARTICLE 1.........................................................................1
EXCHANGE OF SHARES................................................................1
    1.1  Exchange of Shares.......................................................1
    1.2  The Closing..............................................................2
ARTICLE 2.........................................................................2
REPRESENTATIONS AND WARRANTIES OF THE SELLING SHAREHOLDERS........................2
    2.1  Authorization of Transaction.............................................2
    2.2  Noncontravention.........................................................2
    2.3  Registration and Valid Existence.........................................3
    2.4  Subsidiaries.............................................................3
    2.5  Power and Authority......................................................3
    2.6  Cepro's Capitalization...................................................3
    2.7  Registration Rights......................................................4
    2.8  Cepro KB.................................................................4
    2.9  Financial Statements.....................................................4
    2.10    No Undisclosed Liabilities............................................4
    2.11    Cepro Executive Systems AB............................................5
    2.12    Intangible Property...................................................5
    2.13    Title to Properties and Assets........................................5
    2.14    Taxes.................................................................5
    2.15    Material Contracts and Commitments....................................5
    2.16    Compliance with Other Instruments.....................................6
    2.17    Litigation............................................................6
    2.18    Permits, Licenses and Laws............................................6
    2.19    Consents..............................................................6
    2.20    Employee Matters......................................................6
    2.21    Brokers' Fees.........................................................7
    2.22    Affiliate Transactions................................................7
    2.23    Adverse Changes.......................................................7
    2.24    Access to Data........................................................8
    2.25    Cepro Consultants.....................................................8
    2.26    Information Supplied to Concours......................................8
    2.27    Brokers' Fees.........................................................8
    2.28    Shares................................................................8
    2.29    Unregistered Securities...............................................8
    2.30    Legends...............................................................8
    2.31    Disposition of Shares.................................................9
    2.32    Joinder of Transferees of the Shares..................................9
    2.33    Representations and Warranties of Concours...........................10
    2.34    Net Worth of Cepro...................................................10
    2.35    Performance..........................................................10
ARTICLE 3........................................................................10
REPRESENTATIONS AND WARRANTIES OF CONCOURS.......................................10
    3.1  Authorization; Power....................................................10
    3.2  Organization and Good Standing..........................................10
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    3.3  Concours' Capitalization................................................11
    3.4  Registration Rights.....................................................11
    3.5  Unregistered Securities.................................................11
    3.6  Accredited Investor Status..............................................11
    3.7  Brokerage...............................................................11
    3.8  Consents................................................................11
    3.9  Financial Statements....................................................11
    3.10    Adverse Changes......................................................12
    3.11    Information Supplied to Cepro........................................13
    3.12    Representations and Warranties of the Selling Shareholders...........13
ARTICLE 4........................................................................13
AFFIRMATIVE COVENANTS OF THE SELLING SHAREHOLDERS................................13
    4.1  Preparation of Net Worth Balance Sheets.................................13
    4.2  Termination of Prior Agreements and Rights..............................13
    4.3  Fulfillment of Other Obligations........................................13
ARTICLE 5........................................................................13
AFFIRMATIVE COVENANTS OF CONCOURS................................................13
    5.1  Concours Board of Directors Meetings....................................13
    5.2  Registration Rights.....................................................14
    5.3  Stock option program....................................................14
    5.4  SPP Distribution........................................................14
    5.5  Discharge of Liability..................................................14
ARTICLE 6........................................................................14
CLOSING DELIVERIES...............................................................14
    6.1  Closing Deliveries of Selling Shareholders..............................14
    6.2  Closing Deliveries of Concours..........................................15
ARTICLE 7........................................................................15
INDEMNIFICATION..................................................................15
    7.1  Survival; Indemnity.....................................................15
    7.2  Indemnification by the Selling Shareholders.............................16
    7.3  Indemnification by Concours.............................................17
ARTICLE 8........................................................................18
MISCELLANEOUS....................................................................18
    8.1  Incorporation by Reference..............................................18
    8.2  No Third Party Beneficiaries............................................18
    8.3  Entire Agreement; Amendments and Waivers................................18
    8.4  Dispute Resolution......................................................18
    8.5  Notices.................................................................19
    8.6  Construction............................................................19
    8.7  Severability............................................................19
    8.8  Attorneys' Fees.........................................................20
    8.9  Counterparts............................................................20
EXHIBIT A
SELLING SHAREHOLDERS
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                               EXCHANGE AGREEMENT

         This Exchange Agreement (this "AGREEMENT") is made as of the close of
Concours' business on February 29, 2000, by and among The Concours Group, Inc.
("CONCOURS"), a Delaware corporation, and the shareholders of Cepro AB
("CEPRO"), a Swedish private company, listed on Exhibit A hereto (the "SELLING
SHAREHOLDERS").

                                    RECITALS

         Concours desires to purchase all of the outstanding shares of capital
stock of Cepro (the "CEPRO SHARES") and the Selling Shareholders desire to
acquire 1,221,000 shares of Concours common stock, par value of $0.01 per share
(the "CONCOURS SHARES"), for the consideration and on the terms set forth in
this Agreement.

         The valuation of Cepro is premised upon the existence of a customer
base and service capabilities.

         The value of Cepro decreases to the extent human capital diminishes.

         The parties have negotiated in good faith to reach agreement on the
valuation of Cepro.

         Concours and the Selling Shareholders desire to set forth certain
agreements and certain terms and conditions regarding the transactions
referenced above and elsewhere in this Agreement (the "TRANSACTIONS").

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

                                    AGREEMENT

         The parties, intending to be legally bound, agree as follows:

                                   ARTICLE 1
                               EXCHANGE OF SHARES

     1.1 EXCHANGE OF SHARES. In reliance upon the representations and warranties
set forth herein and the other terms and provisions of this Agreement, Concours
agrees to acquire, and the Selling Shareholders agree to deliver to Concours,
one-hundred percent of the issued and outstanding Cepro Shares, in exchange for
which the Selling Shareholders will receive an aggregate of 1,221,000 Concours
Shares of which 235,000 shall be placed in escrow (the "Escrowed Shares"), with
Concours or one of its affiliates as escrow agent, to secure the indemnification
obligations of the Selling Shareholders under this Agreement. The term "Selling
Shareholders" includes the management consultants employed by Cepro,

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regardless of whether such management consultants are employed directly or
through entities held by such management consultants (the "CEPRO CONSULTANTS").
The term "Cepro Consultants" includes the executive management team of Cepro.
The Selling Shareholders acknowledge that the acquisition of Cepro Shares by
Concours from the Selling Shareholders is being made in reliance on the
representations and warranties, covenants and agreements set forth in this
Agreement, all of which are a material inducement to the acquisition of the
Cepro Shares by Concours and Concours is entitled to rely thereon with respect
to its acquisition of the Cepro Shares. At the Closing, (i) Concours is issuing
a total of 1,221,000 Concours Shares in the names of the Selling Shareholders in
exchange for the Cepro Shares; (ii) the Selling Shareholders are delivering
stock certificates for a total of 5,750 Cepro Shares endorsed in blank or to the
order of Concours, effecting the transfer to Concours of all of the Cepro Shares
to and in the name of Concours, representing all of the equity interest in
Cepro. Each Selling Shareholder is receiving that number of Concours Shares that
bears the same ratio to all of the Concours Shares as the number of such Selling
Shareholder's Cepro Shares bears to all of the outstanding Cepro Shares;
provided, however, that Concours shall not issue any fractional shares. In each
case in which the calculation of Concours Shares to which a Selling Shareholder
would be entitled under this Section 1.1 would result in a Selling Shareholder
having the right to a fractional Concours Share, the fraction shall be rounded
up or down to the nearest whole share as follows: If the fraction is .5 or
greater the number shall be rounded up and if the fraction is less than .5 the
fraction shall be rounded down.

     1.2 THE CLOSING. The closing of the transactions described in this
Agreement (the CLOSING") is taking place in Stockholm at the Advocatfirman
Delphi & Co. office located in Stockholm, Sweden on February 29, 2000, to be
effective as of the close of Concours' business on February 29, 2000 or such
other date as the parties mutually determine (the "CLOSING Date").

                                   ARTICLE 2
           REPRESENTATIONS AND WARRANTIES OF THE SELLING SHAREHOLDERS

         The Selling Shareholders represent and warrant to Concours that the
following statements are correct and complete as of the Closing Date except as
set forth in the schedules attached hereto.

     2.1 AUTHORIZATION OF TRANSACTION. Each Selling Shareholder has full power
and authority to execute and deliver this Agreement, the Buy-Sell Agreement, the
Noncompetition, Nonsolicitation and Nondisclosure Agreement, the Employment
Agreement, the Voting Trust Agreement and the Power of Attorney in substantially
the forms attached here to as Exhibits B, C, D, E and F respectively, previously
reviewed by each such Selling Shareholder (collectively, the "ANCILLARY
AGREEMENTS") and to transfer and deliver his or her Cepro Shares, and to perform
his or her obligations under each of such agreements. This Agreement and the
Ancillary Agreements constitute the legal, valid, and binding obligation of each
Selling Shareholder, enforceable against each Selling Shareholder in accordance
with their respective terms.

     2.2 NONCONTRAVENTION. Neither the execution and the delivery of this
Agreement or the Ancillary Agreements, nor the consummation of the Transactions,
will (i) violate any constitution, statute, regulation, rule, injunction,
judgment, order, decree, ruling, charge, or other restriction of any government,
governmental agency, or court to which a Selling

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Shareholder or Cepro is subject, or (ii) conflict with, result in a breach of,
constitute a default under, result in the acceleration of, create in any party
the right to accelerate, terminate, modify, or cancel, or require any notice
under any agreement, contract, lease, license, instrument, or other arrangement
to which a Selling Shareholder or Cepro is a party or by which a Selling
Shareholder or Cepro is bound.

     2.3 REGISTRATION AND VALID EXISTENCE. Cepro and each of its subsidiaries
(the "CEPRO SUBSIDIARIES") is a private company or partnership, duly registered
and validly existing under the laws of Sweden, each has all requisite power and
authority to carry on the business in which it is now engaged (the "BUSINESS"),
and is duly qualified in each jurisdiction in which the location or nature of
its property or the character of the Business makes such qualification necessary
except where the failure to be so qualified would not have a material adverse
effect on Cepro. The Selling Shareholders have furnished to Concours true,
complete and accurate copies of the governance documents of Cepro and the Cepro
Subsidiaries as presently in effect, and all minutes and consents of the
directors and shareholders of Cepro since January 1997. Such minutes and
consents reflect all transactions referred to therein accurately in all material
respects and all matters required to be reflected therein. Cepro's articles of
association, as amended, permit one director. Jan Roy is also appointed as the
sole director of Cepro and each of the Cepro Subsidiaries. Hans Lindroth is
appointed as the sole alternate member of the board of directors. Jan Roy has
also been appointed as the sole managing director of Cepro and Hjarntrusten i
Stockholm AB. Herein, unless expressly stated or the context requires otherwise,
each representation and warranty made with respect to Cepro or the Cepro Capital
Stock (as defined below) shall be deemed made equally but separately for each
Subsidiary and the stock or other equity interests of such Subsidiary. Further,
all information disclosed on any schedule has been separately identified with
respect to Cepro or a Subsidiary with respect to which such information is
disclosed, and grouped together with other information on such schedule
disclosed with respect to Cepro or such Subsidiary.

     2.4 SUBSIDIARIES. Except as set forth in Schedule 2.4, Cepro does not
presently own, of record or beneficially, or control, directly or indirectly,
any capital stock, securities convertible into or exchangeable for capital stock
or any other equity interest in any corporation, association or business entity.
Except as set forth in Schedule 2.4, Cepro is not, directly or indirectly, a
participant in any joint venture, partnership or other noncorporate entity.
Cepro is the record and beneficial owner of 100% of the issued and outstanding
capital stock or other equity interests of each Subsidiary. Each Subsidiary is
duly registered and validly existing under the laws of each jurisdiction
indicated in Schedule 2.4.

     2.5 POWER AND AUTHORITY. Cepro has the power and authority to own its
properties and to carry on the Business as presently conducted and as proposed
to be conducted.

     2.6 CEPRO'S CAPITALIZATION.

         (a) The Cepro Shares represent the only class of capital stock of Cepro
(the "CEPRO CAPITAL STOCK"), and they have a par value of SEK 100 per share.
Cepro has no other class or series of capital stock authorized. Immediately
prior to the consummation of the transactions contemplated by this Agreement,
Cepro has 5,750 shares of Cepro Capital Stock outstanding.

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         (b) All of the currently outstanding Cepro Shares have been duly and
validly authorized and issued, are fully paid and non-assessable, were issued in
compliance with all applicable Swedish securities laws and are owned by the
persons identified on Exhibit A hereto, free and clear of all liens, claims or
encumbrances.

         (c) The exchange of the Cepro Shares pursuant to the Transactions is
not prohibited by any instrument, agreement, or otherwise.

         (d) There are no outstanding subscriptions, warrants, options, calls,
commitments or other rights to purchase or acquire any capital stock of Cepro,
or securities convertible into or exchangeable for any Cepro Capital Stock or
any preemptive rights or rights of first refusal with respect to the issuance or
sale of Cepro Capital Stock. At Closing, there are no restrictions on the
transfer of Cepro Capital Stock other than those arising from Swedish securities
laws. No Selling Shareholder has entered into any agreements with respect to the
voting of Cepro Shares and the Transactions are not prohibited by any such
agreements.

     2.7 REGISTRATION RIGHTS. Cepro has no contractual obligation to register
under Swedish law any of its presently outstanding securities or any securities
that it may hereafter issue.

     2.8 CEPRO KB. On or before the Closing Date, Cepro KB, a Swedish
partnership of which Cepro held fifty-seven percent of the partnership interests
will have been dissolved. All of the assets of Cepro KB remaining after
discharging its liabilities will have been transferred to Cepro. All of the
liabilities of Cepro KB of any nature, character or description, whether
accrued, contingent, absolute, secured, unsecured or otherwise, will have been
completely satisfied. In the event that any future possible tax liabilities
regarding the status as former partners of Cepro KB arise or are discovered
after the Closing Date, regardless of whether such liabilities are actually
imposed upon Cepro or upon others, such liabilities shall be the obligation
solely of the Selling Shareholders.

     2.9 FINANCIAL STATEMENTS. Schedule 2.9 attaches the audited financial
statements of Cepro and its Subsidiaries and of Cepro KB (including balance
sheet, income statement and statement of cash flows) together with the reports
thereon of Cepro's independent certified public accountants for the years 1995
through 1999 (the "CEPRO FINANCIAL STATEMENTS"). The Cepro Financial Statements
have been prepared in accordance with generally accepted Swedish accounting
principles ("SWEDISH GAAP") applied on a consistent basis throughout the periods
indicated. The Cepro Financial Statements fairly present the financial condition
and operating results of Cepro, the Cepro Subsidiaries and Cepro KB as of the
dates, and for the periods, indicated therein. Cepro maintains and will continue
to maintain a standard system of accounting and internal controls established
and administered in accordance with Swedish GAAP.

     2.10 NO UNDISCLOSED LIABILITIES. Schedule 2.10 sets forth an accurate list,
as of December 31, 1999 ( the "BALANCE SHEET DATE") of (i) all liabilities,
contingent, accrued or otherwise, of Cepro which are reflected in the December
31, 1999 balance sheet and (ii) any liabilities of any kind of Cepro which are
not reflected in the December 31, 1999 balance sheet. Except as set forth in
Schedule 2.10, since December 31, 1999, Cepro has not incurred any liabilities
of any kind, character or description, whether accrued, absolute, secured or
unsecured, contingent or otherwise, other than liabilities incurred in the
ordinary course of

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business which are not materially greater than the corresponding liabilities
reflected in the December 31, 1999 balance sheet. Schedule 2.10 contains a
reasonable estimate by the Selling Shareholders of the maximum amount which may
be payable with respect to liabilities which are not fixed. For each such
liability for which the amount is not fixed or is contested, the Selling
Shareholders have provided a summary description of the liability together with
copies of all relevant documentation relating thereto. As of the Closing Date,
Cepro's total liabilities, on a consolidated basis, do not exceed SEK
14,000,000. Except as disclosed in the Financial Statements, Cepro is not a
guarantor of any indebtedness of any other person, firm or corporation.

     2.11 CEPRO EXECUTIVE SYSTEMS AB. On the Closing Date, Cepro Executive
Systems AB ("CES") has sufficient assets to satisfy any and all of its
liabilities, including, without limitation, its tax liabilities arising from the
dissolving of its timing reserves.

     2.12 INTANGIBLE PROPERTY. Cepro owns or possesses sufficient legal rights
to all material patents, trademarks, service marks, trade names, assumed names,
copyrights, trade secrets, licenses, information and proprietary rights and
processes necessary for the Business and, to the knowledge of the Selling
Shareholders, the Business does not conflict with, or infringe upon, the rights
of others with respect to any intangible property. Schedule 2.12 sets forth all
material patents and pending patent applications, trademarks, service marks,
trade names and copyrights, trade secrets or other proprietary rights or
processes used or necessary in the conduct of the Business. There are no
material outstanding options, licenses, or agreements of any kind relating to
the foregoing, nor is Cepro bound by or a party to any material options,
licenses, or agreements of any kind with respect to patents, trademarks, service
marks, trade names, copyrights, trade secrets, licenses, information and
proprietary rights and processes of any other person or entity. Cepro has not
received any communications alleging that Cepro has violated or, by conducting
the Business, would violate the patents, trademarks, service marks, trade names,
copyrights, trade secrets, or other proprietary rights or processes of any other
person or entity, nor does Cepro believe that there is any basis for any such
allegation.

     2.13 TITLE TO PROPERTIES AND ASSETS. Schedule 2.13 sets forth an accurate
list of all of Cepro's leased real property and leased and owned tangible
property. Cepro has sole and exclusive possession of, and good and indefeasible
title to, or a license to use or leasehold rights in, all of the material
properties and assets (real and personal, tangible and intangible) used in the
Business and such properties and assets, or, if applicable, licenses and leases,
are free and clear of all mortgages, liens, claims or encumbrances. Such assets
include all of the assets which are used in or necessary for the conduct of the
Business.

     2.14 TAXES. Cepro has filed all Swedish income, franchise and other tax
returns required to be filed by it through the Closing Date and has paid all
taxes reflected as due thereon and all other taxes for which it is liable
whether or not reflected on such returns, including, without limitation, value
added tax, social contributions, penalties and interest. All such tax returns
have been properly prepared in all material respects. There is no pending
dispute with any taxing authority that, if determined adversely to Cepro, would
result in the assertion by any taxing authority of any material tax deficiency,
and Cepro has no knowledge of a proposed liability for any tax to be imposed
upon Cepro's properties or assets other than taxes not yet due and payable.

     2.15 MATERIAL CONTRACTS AND COMMITMENTS. Schedule 2.15 sets forth a list of
all the material contracts, agreements, leases and instruments to which
Cepro is a party or to which

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its properties or assets are bound or subject, including the subject of each
contract, the names of the parties to each contract, the date on which the
contract was entered into and the expiration date. All of such contracts,
agreements, leases and instruments are valid, binding and in full force and
effect in all material respects. Cepro is not in violation in any material
respect of any provision of any of such contracts. Schedule 2.15 also sets forth
and separately identifies a list of all material proposed contracts.

     2.16 COMPLIANCE WITH OTHER INSTRUMENTS. Cepro is not in violation or
default of any provision of any Swedish rule or regulation or of its governance
documents, which would adversely affect the operations of the Business. The
execution, delivery and performance of this Agreement will not conflict with or,
with or without notice or the lapse of time, result in (a) any default under or
(b) any material modification of the terms of any noncompetition,
confidentiality or other material contract, agreement, obligation or commitment
of Cepro applicable to the Business, or the creation of any lien, charge or
encumbrance of any nature upon any of the properties or assets of the Business
or of Cepro. The execution, delivery and performance of this Agreement will not
violate any judgment, decree, order, statute, rule or regulation of any Swedish
or local government or agency having jurisdiction over Cepro, the Business or
any of Cepro's properties or assets.

     2.17 LITIGATION. There are no actions, suits, claims, proceedings or formal
investigations pending or, to the knowledge of the Selling Shareholders,
threatened against Cepro or any of its officers, directors or principal
shareholders relating to the Business or the Transactions which would materially
adversely affect the operations of the Business or the consummation of, or
benefits to be received by Concours by virtue of, the Transactions.

     2.18 PERMITS, LICENSES AND LAWS. Schedule 2.18 sets forth a list of all
franchises, permits and material licenses held by Cepro. Cepro has all necessary
franchises, permits, licenses and other rights and privileges necessary to
permit it to own the property and to conduct the Business as currently conducted
and as proposed to be conducted which are material to the operations of the
Business. Cepro is not in violation of any law, regulation, rule, authorization,
judgment, decree or order of any public authority relevant to the ownership of
any properties or the carrying on of the Business.

     2.19 CONSENTS. Except as set forth in Schedule 2.19, no consent, approval
or authorization of or designation, declaration or filing with any governmental
authority or other third party is required in connection with the valid
execution and delivery of this Agreement, or the offer, sale, or transfer, as
provided herein, of the Cepro Shares or the consummation of the Transactions.

     2.20 EMPLOYEE MATTERS. Schedule 2.20 lists all written and oral employment
agreements and agreements of outside consultants to Cepro. The Selling
Shareholders are not aware that any one or more of the Cepro Consultants or the
outside consultants intends to terminate their employment with Cepro or to
refuse any offer of employment with Cepro, nor does Cepro have a present
intention to terminate the employment of any of the foregoing. The employment
agreement of each outside consultant and Cepro Consultant is replaced as of the
Closing Date by an employment agreement in general conformance with the
applicable form of employment attached as Exhibit D to this Agreement, as
applicable. This will, however, not affect any of the Cepro Consultants'
applicable statutory rights under the Swedish Job Security Act (LAS). Cepro has
complied in all material respects with all applicable laws related to
employment. Schedule 2.20 sets forth the name and salary of each

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full time and part-time employee and the name and compensation arrangement of
each outside consultant, if any.

     2.21 BROKERS' FEES. No broker, finder, agent, or similar intermediary has
acted on behalf of Cepro or any Selling Shareholder in connection with the
Transactions and there are no brokerage commissions, finder's fees or similar
items of compensation payable in connection therewith based on any arrangement
or agreement made by or on behalf of Cepro.

     2.22 AFFILIATE TRANSACTIONS. Except as otherwise disclosed in Schedule
2.15, Schedule 2.22 contains a complete listing of all compensation and other
agreements of Cepro with or for the benefit of any Selling Shareholder of Cepro,
or any affiliate, child or spouse of any Selling Shareholder.

     2.23 ADVERSE CHANGES. Since December 31, 1999, none of the following have
occurred with respect to Cepro which would have a material adverse affect on the
Business or Cepro:

         (a) any change in the assets, liabilities, financial condition or
operating results of the Business from that reflected in the Financial
Statements, except changes in the ordinary course of business or changes that
have not been, in the aggregate, materially adverse to Cepro;

         (b) any damage, destruction or loss, whether or not covered by
insurance, affecting the business, properties, prospects, financial condition or
operating results of Cepro;

         (c) any waiver or compromise of a material debt;

         (d) any satisfaction or discharge of any lien, claim, or encumbrance or
payment of any obligation, except in the ordinary course of business, or that is
not material to the business, properties, prospects or financial condition or
operating results of Cepro;

         (e) any sale, assignment or transfer outside the ordinary course of
business of any patents, trademarks, copyrights, trade secrets or other
intangible assets;

         (f) any resignation or termination of employment of any officer or key
employee of Cepro;

         (g) any mortgage, pledge, transfer of a security interest in, or lien
created with respect to any of the properties or assets of Cepro outside the
ordinary course of business except liens for taxes not yet due or payable;

         (h) any loans or guarantees made by Cepro to or for the benefit of its
employees, officers or directors, or any members of their immediate families,
other than travel advances and other advances made in the ordinary course of its
business;

         (i) any declaration, setting aside or payment or other distribution
with respect to any capital stock, or any direct or indirect redemption,
purchase, or other acquisition of any of Cepro's stock by Cepro;

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         (j) any other event or condition that might be reasonably expected to
have a material adverse effect on the assets, Business, properties, financial
condition, operating results or business prospects of Cepro taken as a whole;

         (k) any agreement or commitment by Cepro to do any of the things
described in this Section 2.23; or

         (l) increase the compensation of any employee of Cepro, except for
increases in the ordinary course of business and consistent with past practice.

     2.24 ACCESS TO DATA. The Selling Shareholders have had an opportunity to
discuss Concours' business with the management of Concours, to review records
pertaining to the governance documents, capital structure and financials of the
Concours business and have conducted all inspections and analysis of these
records that they deem necessary.

     2.25 CEPRO CONSULTANTS. The Selling Shareholders who have executed this
Agreement and the Ancillary Agreements represent at least ninety percent of all
of the Cepro Consultants employed by Cepro as of January 1, 2000.

     2.26 INFORMATION SUPPLIED TO CONCOURS. Neither this Agreement nor the
schedules and exhibits hereto contains any untrue statement of a material fact
or omits to state a material fact required to be stated herein or therein or
necessary in order to make the statements herein and therein not misleading.

     2.27 BROKERS' FEES. No broker, finder, agent, or similar intermediary has
acted on behalf of any Selling Shareholder in connection with the Transactions
and there are no brokerage commissions, finder's fees or similar items of
compensation payable in connection therewith based on any arrangement or
agreement made by or on behalf of any Selling Shareholder.

     2.28 SHARES. Each Selling Shareholder holds of record and owns beneficially
the Cepro Shares being sold hereunder by such Selling Shareholder, free and
clear of any restrictions on transfer (other than any restrictions under Swedish
securities laws), taxes, security interests, options, warrants, purchase rights,
and any other adverse claims.

     2.29 UNREGISTERED SECURITIES. The Selling Shareholders understand that the
securities to be issued pursuant to this Agreement are restricted securities and
have not been registered under the 1933 Act and are issued in reliance upon an
exemption from the registration requirements thereof. The Selling Shareholders
hereby confirm that they have been informed that the Shares are restricted
securities under the 1933 Act and may not be resold or transferred in the United
States unless the Shares are first registered under United States federal
securities laws or unless an exemption from such registration is available.
Accordingly, the Selling Shareholders hereby acknowledge that they are prepared
to hold the Shares for an indefinite period. Each of the Selling Shareholders is
aware that an exemption under Rule 144 promulgated by the Securities and
Exchange Commission is not presently available to exempt the sale of the Shares
from the registration requirement of the securities laws and may not be
available in the future.

     2.30 LEGENDS. The Selling Shareholders acknowledge that the certificates
representing the Concours Shares shall bear restrictive legends including, but
not limited to legends substantially as follows:

                                       8
<PAGE>   12

         THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED
         UNDER THE SECURITIES ACT OF 1933 ("ACT"). THESE SHARES HAVE BEEN
         ACQUIRED FOR INVESTMENT AND NOT WITH A VIEW TO DISTRIBUTION OR RESALE,
         AND MAY NOT BE MORTGAGED, PLEDGED, HYPOTHECATED, OR OTHERWISE
         TRANSFERRED WITHOUT AN EFFECTIVE REGISTRATION STATEMENT FOR SUCH SHARES
         UNDER THE ACT OR AN OPINION OF COUNSEL FOR THE COMPANY THAT
         REGISTRATION IS NOT REQUIRED UNDER SUCH ACT.

         THE SHARES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO A VOTING
         TRUST AGREEMENT AND TO CERTAIN RESTRICTIONS ON TRANSFER UNDER THE TERMS
         OF A BUY-SELL AGREEMENT ENTERED INTO BY AND AMONG THIS CORPORATION AND
         CERTAIN OF ITS SHAREHOLDERS EFFECTIVE AS OF FEBRUARY 29, 2000, A COPY
         OF WHICH IS ON FILE AT THE CORPORATION'S PRINCIPAL PLACE OF BUSINESS OR
         REGISTERED OFFICE. A COPY OF EACH SUCH AGREEMENT WILL BE FURNISHED TO
         THE HOLDER HEREOF WITHOUT CHARGE UPON WRITTEN REQUEST TO THE
         CORPORATION AT ITS PRINCIPAL PLACE OF BUSINESS OR REGISTERED OFFICE.

         THE CORPORATION IS AUTHORIZED TO ISSUE MORE THAN ONE CLASS OR SERIES OF
         STOCK. THE CORPORATION WILL FURNISH WITHOUT CHARGE TO THE HOLDER HEREOF
         A STATEMENT OF THE POWERS, DESIGNATIONS, PREFERENCES AND RELATIVE,
         PARTICIPATING, OPTIONAL OR OTHER SPECIAL RIGHTS OF EACH CLASS OF STOCK
         OR SERIES THEREOF OF THE CORPORATION, AND THE QUALIFICATIONS,
         LIMITATIONS OR RESTRICTIONS OF SUCH PREFERENCES AND/OR SUCH RIGHTS TO
         THE EXTENT THEY HAVE BEEN FIXED. ANY SUCH REQUEST SHOULD BE MADE TO THE
         TO THE CORPORATION AT ITS PRINCIPAL PLACE OF BUSINESS OR REGISTERED
         OFFICE.

     2.31 DISPOSITION OF SHARES. (a) Prior to registration of the sale of the
Concours Shares in accordance with the 1933 Act, no Selling Shareholder will
dispose of any Concours Shares except in compliance with the 1933 Act and the
Buy-Sell Agreement that each Selling Shareholder is entering into (the "Buy-Sell
Agreement"), substantially in the form attached as Exhibit B, contemporaneously
with the execution and delivery of this Agreement.

         (b) Concours shall not be required (i) to transfer on its books any
Concours Shares that have been sold or transferred in violation of the
provisions of this Section 2.32, the Buy-Sell Agreement, or the 1933 Act, or
(ii) to treat as the owner of the Concours Shares, or otherwise accord voting or
dividend rights to any transferee to whom the Concours Shares have been
transferred in contravention of the Buy-Sell Agreement.

     2.32 JOINDER OF TRANSFEREES OF THE SHARES. If a Selling Shareholder obtains
additional Concours Common Stock (as hereafter defined) in the future or
transfers all or any portion of his or her Concours Common Stock, unless waived
by Concours, in its sole discretion: (i) the transferees to whom the Concours
Common Stock is to be transferred shall be required, as a condition of the
transfer of such Concours Common Stock, to execute this Agreement, the Buy-Sell
Agreement and the Voting Agreement substantially in the forms attached as
Exhibit B and E, respectively, or an Adoption Agreement with respect to each

                                       9
<PAGE>   13

such agreement, or any other instrument containing a ratification of and consent
to be bound by the terms of such agreements; (ii) the term "SELLING SHAREHOLDER"
as used herein shall be deemed to include such transferee for all purposes; and
(iii) such transferee by such joinder or ratification and consent agrees to be
bound by all the terms and conditions hereof as if such transferee were a
Selling Shareholder.

     2.33 REPRESENTATIONS AND WARRANTIES OF CONCOURS. Each Selling Shareholder
acknowledges his her or its understanding that the only representations and
warranties of Concours to the Selling Shareholders are those specifically set
forth in this Agreement.

     2.34 NET WORTH OF CEPRO. The Net Worth of Cepro as of the Closing Date is
in excess of SEK 3.2 million. The term "NET WORTH" means net worth calculated in
accordance with Swedish GAAP, except that liabilities will also be recorded as
of the Closing Date for all costs and expenses incurred in connection with
pursuing or consummating the Transactions, regardless of whether such costs and
expenses were incurred before or after the Closing Date, regardless of whether
any of Cepro's liabilities were contingent or inchoate on the Closing Date, and
regardless of whether they were known or unknown at such time. A balance sheet
prepared in this manner is referred to herein as a "NET WORTH BALANCE SHEET." A
Net Worth of SEK 3.2 million is sufficient to operate the Business in the same
manner that the Business was operated by Cepro and Cepro KB in the six months
prior to the Closing Date.

     2.35 PERFORMANCE. Cepro has performed and complied in all material respects
with all covenants, agreements, obligations and conditions contained in this
Agreement that are required to be performed or complied with by it on or before
the Closing Date.

                                   ARTICLE 3
                   REPRESENTATIONS AND WARRANTIES OF CONCOURS

Concours represents and warrants to the Selling Shareholders that the following
statements are correct and complete as of the Closing Date.

     3.1 AUTHORIZATION; POWER. The execution, delivery and performance of this
Agreement and the Ancillary Agreements have been duly authorized by all
necessary action of Concours. Concours has the full power and authority to enter
into this Agreement and the Ancillary Agreements. This Agreement and the
Ancillary Agreements have been duly executed and delivered, constitute the valid
and binding obligation of Concours, and are enforceable in accordance with their
terms, except as the enforceability of the same may be limited by bankruptcy,
insolvency or other laws relating to or affecting creditors' rights generally or
by general equitable principles (regardless of whether such enforceability is
considered in a proceeding in equity or at law).

     3.2 ORGANIZATION AND GOOD STANDING. Concours is a corporation duly
organized, validly existing and in good standing under the laws of Delaware, has
all requisite power and authority to carry on the business in which it is now
engaged and is duly qualified and in good standing in each jurisdiction in which
the location or nature of its property or the character of its business makes
such qualification necessary except where the failure to be so qualified or in
good standing would not have a material adverse effect on Concours. Concours
management has furnished to Cepro true and accurate copies of the Certificate of
Incorporation and Bylaws of Concours as presently in effect.

                                       10
<PAGE>   14
     3.3 CONCOURS' CAPITALIZATION.

         (a) The authorized capital stock of Concours as of the Closing Date
consists of 50 million shares of common stock, par value $0.01 per share (the
"CONCOURS COMMON STOCK") and five million shares of preferred, par value of
$0.01 per share (the "PREFERRED STOCK"). Concours has no other class or series
of capital stock authorized. Any Selling Shareholder may, upon written request
to the Secretary of Concours, obtain a copy of the Certificate of Designations
setting forth the rights, preferences, powers and restrictions of the Preferred
Stock.

         (b) All of the currently issued and outstanding shares of Concours
Common Stock and Preferred Stock have been duly and validly authorized and
issued, are fully paid and non-assessable and were issued in compliance with all
applicable state and United States federal securities laws.

         (c) The issuance of the Concours Shares is not prohibited by any
instrument, agreement or otherwise.

         (d) Except as set forth in Schedule 3.3, there are no outstanding
subscriptions, warrants, options, calls, commitments or other rights to purchase
or acquire any capital stock of Concours, or securities convertible into or
exchangeable for any capital stock of Concours or any preemptive rights or
rights of first refusal with respect to the issuance or sale of Concours'
capital stock.

     3.4 REGISTRATION RIGHTS. As of the date of this Agreement, no employee
shareholders of Concours have registration rights with respect to any capital
stock issued by Concours.

     3.5 UNREGISTERED SECURITIES. Concours understands that the Cepro Shares to
be sold to Concours pursuant to this Agreement have not been registered under
the 1933 Act and are being transferred in reliance upon an exemption from the
registration requirements thereof.

     3.6 ACCREDITED INVESTOR STATUS. Concours is knowledgeable and experienced
in making investments and is able to bear the economic risk of loss of its
entire investment in Cepro. Concours is an "accredited investor," as that term
is defined in Rule 501(a) of Regulation D under the Securities Act of 1934, as
amended

     3.7 BROKERAGE. No broker, finder, agent or similar intermediary has acted
on Concours' behalf in connection with the transactions contemplated by this
Agreement and there are no brokerage commissions, finder's fees or similar
compensation in connection therewith based on any arrangement or agreement made
by or on behalf of Concours.

     3.8 CONSENTS. Except as set forth in Schedule 3.8, no consent, approval or
authorization of or designation, declaration or filing with any governmental
authority or other third party is required in connection with the valid
execution and delivery of this Agreement, or the offer, sale, or transfer, as
provided herein, of the Concours Shares for the consummation of the
Transactions.

     3.9 FINANCIAL STATEMENTS. Schedule 3.9 attaches the audited consolidated
financial statements of Concours and its subsidiaries (including consolidated
balance sheet, income

                                       11
<PAGE>   15

statement and statement of cash flows) together with the reports thereon of
Cepro's independent certified public accountants for the years 1997 and 1998
(the "FINANCIAL STATEMENTS"). The Financial Statements have been prepared in
accordance with generally accepted U.S. accounting principles applied on a
consistent basis throughout the periods indicated. Also attached is the
unaudited consolidated financial statement of Concours for 1999 (the "1999
STATEMENT"). The 1999 statement fairly presents the financial condition and
operating results of Concours and the Concours subsidiaries as of the dates, and
for the periods, indicated therein.

     3.10 ADVERSE CHANGES. Since December 31, 1999, none of the following have
occurred with respect to Concours which would have a material adverse affect on
Concours or its business:

         (a) any change in Concours' assets, liabilities, financial condition or
operating results from that reflected in the 1999 Financial Statement, except
changes in the ordinary course of business or changes that have not been, in the
aggregate, materially adverse to Concours;

         (b) any damage, destruction or loss, not covered by insurance,
materially affecting the business, properties, prospects, financial condition or
operating results of Concours;

         (c) any waiver or compromise of a material debt;

         (d) any satisfaction or discharge of any lien, claim, or encumbrance or
payment of any obligation, except in the ordinary course of business, or that is
not material to the business, properties, prospects or financial condition or
operating results of Concours;

         (e) any sale, assignment or transfer outside the ordinary course of
business of any patents, trademarks, copyrights, trade secrets or other
intangible assets;

         (f) any resignation or termination of employment of any officer or key
employee of Concours;

         (g) any mortgage, pledge, transfer of a security interest in, or lien
created with respect to any of the properties or assets of Concours outside the
ordinary course of business except liens for taxes not yet due or payable;

         (h) any loans or guarantees made by Concours to or for the benefit of
its employees, officers or directors, or any members of their immediate
families, other than travel advances and other advances made in the ordinary
course of its business;

         (i) any declaration, setting aside or payment or other distribution
with respect to any capital stock, or any direct or indirect redemption,
purchase, or other acquisition of any of Concours' stock by Concours;

         (j) any other event or condition that might be reasonably expected to
have a material adverse effect on the assets, business, properties, financial
condition, operating results or business prospects of Concours taken as a whole;

                                       12
<PAGE>   16

         (k) any agreement or commitment by Concours to do any of the things
described in this Section 3.10; or increase the compensation of any employee of
Concours, except for increases in the ordinary course of business and consistent
with past practice.

     3.11 INFORMATION SUPPLIED TO CEPRO. Neither this Agreement nor the
schedules and exhibits hereto contains any untrue statement of a material fact
or omits to state a material fact required to be stated herein or therein or
necessary in order to make the statements herein and therein not misleading.

     3.12 REPRESENTATIONS AND WARRANTIES OF THE SELLING SHAREHOLDERS. Concours
acknowledges its understanding that the only representations and warranties of
the Selling Shareholders to Concours are those specifically set forth in this
Agreement.

                                   ARTICLE 4
                AFFIRMATIVE COVENANTS OF THE SELLING SHAREHOLDERS

        The Selling Shareholders, further covenant and agree as follows:

     4.1 PREPARATION OF NET WORTH BALANCE SHEETS. To determine whether the Net
Worth test set forth in Section 2.35 was satisfied as of the Closing Date, Cepro
shall provide to Concours a Net Worth Balance Sheet, reflecting Net Worth as of
the Closing Date, prepared in the manner described in Section 2.35, every six
months. The last Net Worth Balance Sheet shall reflect liabilities (even if
inchoate or contingent on the Closing Date) attributable to Cepro as of the
Closing Date through February 28, 2003, and shall be delivered to Concours no
later than April 15, 2003.

     4.2 TERMINATION OF PRIOR AGREEMENTS AND RIGHTS. Each of the Selling
Shareholders agrees, on behalf of each such Selling Shareholder and, if
applicable, each such Selling Shareholder's company, partnership or other entity
(a "CONSULTANT COMPANY") that has done business or had agreements, arrangements
or understandings, whether oral or written, with Cepro or any of the Cepro
Subsidiaries, that by execution of this Agreement and the Ancillary Agreements
such Selling Shareholder is evidencing his or her agreement and intent to
terminate all such agreements, arrangements or understandings that such Selling
Shareholder or such Selling Shareholder's Consultant Company had immediately
prior to the Closing Date. Each Selling Shareholder further agrees that by
executing this Agreement and the Ancillary Agreements such Selling Shareholder
intends and does hereby waive such Selling Shareholder's, and if applicable,
such Selling Shareholder's Consultant Company's right of first refusal under
Cepro's Articles of Association and any other rights such selling Shareholder or
Selling Shareholder's Consultant Company may have under any agreement or
constituent document of any of Cepro and the Cepro Subsidiaries.

     4.3 FULFILLMENT OF OTHER OBLIGATIONS. The Selling Shareholders will observe
and comply fully, in all material respects, with all of the other terms,
conditions and covenants of this Agreement and the Ancillary Agreements.

                                   ARTICLE 5
                        AFFIRMATIVE COVENANTS OF CONCOURS

     5.1 CONCOURS BOARD OF DIRECTORS MEETINGS. Until such time as Concours'
first registration statement filed with the United States Securities and
Exchange Commission for

                                       13
<PAGE>   17

Concours Common Stock, or any other security issued by Concours, becomes
effective, a representative of Cepro designated by the Selling Shareholders will
be invited to attend all Concours Board of Directors meetings, but shall not be
permitted to vote on any matter.

     5.2 REGISTRATION RIGHTS. The Selling Shareholders shall have the same
rights, if any, and obligations with respect to a registered offering of
Concours Common Stock or other securities as all other employee stockholders of
Concours.

     5.3 STOCK OPTION PROGRAM. The Selling Shareholders shall be eligible to
participate in Concours' 1998 European Equity Compensation Plan or a
substantially similar stock option plan. It is Concours' intention to adapt such
stock option plans in favor of the Selling Shareholders under Swedish tax laws.

     5.4 SPP DISTRIBUTION. If at any time after the Closing Date, SPP makes a
pension premium refund ("Refund") or grants a credit or rebate against future
premium payments ("Rebate") by Cepro based on pension premiums paid by Cepro
prior to December 31, 1999, then subject to the provisions of Section 7.2, such
Refund or Rebate will be distributed to those Selling Shareholders still
employed by Cepro on the date the Refund or the Rebate, as the case may be, is
distributed. Such distribution shall be net of taxes, social contributions, all
other direct expenses of Cepro and reasonable expenses (collectively, "Premium
Expenses"). The Refund or Rebate, net of the Premium Expenses and any indemnity
obligations shall be distributed among such employees in the amounts determined
by management of Cepro, in its sole discretion.

     5.5 DISCHARGE OF LIABILITY. Cepro's Board of Directors shall be discharged
from liability for the year 2000 if Cepro's accountant recommends that the Board
of Directors should be granted such discharge from liability.

                                   ARTICLE 6
                               CLOSING DELIVERIES

     6.1 CLOSING DELIVERIES OF SELLING SHAREHOLDERS.

         (a) Stock certificates representing 5,750 Cepro Shares, endorsed in
blank or to the order of Concours;

         (b) Cepro's governance documents, as amended or restated, certified by
the authority under whose jurisdiction such documents fall, evidencing the
organizational structure reflected in Schedule 2.4;

         (c) Certificate, dated within ten days prior to the Closing Date, as to
the corporate existence of Cepro issued by the appropriate authority;

         (d) Cepro's Bylaws or comparable governance documents, as amended or
restated, certified by its secretary or other officer, as of the Closing Date;

         (e) Buy-Sell Agreement, executed by each Selling Shareholder;

         (f) Employment Agreement, executed by each Selling Shareholder;

                                       14
<PAGE>   18

         (g) Noncompetition, Nonsolicitation and Confidentiality Agreement,
executed by each Selling Shareholder;

         (h) Voting Trust Agreement executed by each Selling Shareholder;

         (i) Managing Director Agreement executed by Cepro's managing director
comparable to such agreements Concours has with persons in comparable positions
with other Concours affiliates;

         (j) Limited Power of Attorney authorizing Jan Roy to sign any and all
of the Transaction Documents on behalf of each of the Selling Shareholders; and

         (k) Legal opinion of Cepro's legal counsel in the form set forth as
Exhibit G hereto.

     6.2 CLOSING DELIVERIES OF CONCOURS.

         (a) Copies of stock certificates representing a total of 1,221,000
Concours Shares to the Selling Shareholders;

         (b) Concours Certificate of Existence and Good Standing from the
Secretary of State of Delaware, dated within ten (10) days prior to the closing;

         (c) Buy-Sell Agreement, executed by Concours;

         (d) Employment Agreement with each of the Selling Shareholders,
executed by Concours;

         (e) Noncompetition, Nonsolicitation and Confidentiality Agreement with
each of the Selling Shareholders, executed by Concours;

         (f) Voting Trust Agreement, executed by Concours;

         (g) Voting Trust Certificate for each Selling Shareholder;

         (h) Managing Director Agreement executed by Concours comparable to such
agreements Concours has with persons in comparable positions with other Concours
affiliates; and

         (i) Legal opinion of Concours' legal counsel in the form set forth in
Exhibit H hereof.

                                   ARTICLE 7
                                 INDEMNIFICATION

     7.1 SURVIVAL; INDEMNITY. The representations and warranties of the parties
set forth in this Agreement shall survive the closing of the Transactions
contemplated by this Agreement and shall continue in effect until March 1, 2003.
No party shall have any claim or

                                       15
<PAGE>   19

right of recovery for any breach of a representation or warranty or covenant or
agreement unless (a) written notice is given in good faith by that party to the
other party of the representation, warranty, covenant or agreement pursuant to
which the claim is made or right of recovery is sought, setting forth in
reasonable detail the specific breach of the representation, warranty, covenant
or agreement, the amount of the claim being made, if known, and the basis for
that amount and, (b) the breach of such representation, warranty, covenant or
agreement has not been cured by the date which is 30 business days from the date
of such notice, or if it cannot reasonably be cured during such period, diligent
effort toward a cure has been commenced and is continuing and a cure is
completed within 120 days from the date of such notice. The indemnities
contained in this Article 7 shall survive the Closing of the Transactions as
provided herein and shall constitute the sole remedy of the parties for the
matters covered hereby. The terms "indemnity" and "indemnification" as used in
this Agreement apply, without limitation, to all Damages (as hereinafter
defined) that result from a third party claim as well as those that damage the
indemnified party even though no third party makes any claim or is involved in
any way.

     7.2 INDEMNIFICATION BY THE SELLING SHAREHOLDERS.

         (a) Each of the Selling Shareholders, severally and not jointly, agrees
to indemnify Concours, and hold it harmless from, any and all damages, losses,
liabilities and expenses, including, without limitation, reasonable expenses of
investigation and reasonable attorneys' fees and expenses ("DAMAGES") incurred
or suffered by Concours arising out of any breach of, or failure to timely
perform, any representation or warranty, covenant or agreement of the Selling
Shareholders set forth in this Agreement, including any schedule hereto or any
certificate delivered in connection with this Agreement or any misrepresentation
by any Selling Shareholder under this Agreement ("SELLER'S BREACH") (unless such
Seller's Breach has been cured as provided in Section 7.1 above); except that
the Damages arising out of any and each Seller's Breach, to qualify for
indemnification, shall exceed US $10,000; and except that in case of the Damages
being deductible in Cepro's tax return, the compensation by the Selling
Shareholders shall be adjusted to reflect the Damages net of tax.

         (b) Concours shall notify the Selling Shareholders of claims from third
parties against Concours, which may require the Selling Shareholders to
compensate Concours as provided above, no later than thirty (30) days after
Concours obtained knowledge of the claim. The Selling Shareholders, acting
together, will be entitled, upon their election by written notice given to
Concours within thirty (30) days after the date on which notice of a claim is
given to the Selling Shareholders, to coordinate with Concours on, and assist
with, through counsel for the Selling Shareholders, the defense or prosecution
of such claim and any litigation resulting therefrom at their expense and
through counsel of their own choosing under the direction of counsel for
Concours as lead counsel in any such proceeding. Concours shall make available
to said counsel for the Selling Shareholders all records and other materials
reasonably required by said counsel for its use in contesting any third party
claim and shall to the extent reasonably possible act in the best interest of
the parties to this Agreement in the defense of all such claims. If the Selling
Shareholders do not elect to coordinate with Concours in the defense or
prosecution of any such claim or litigation, Concours will take all reasonable
steps and measures to defend or prosecute such claim or litigation.

                                       16
<PAGE>   20

         (c) In no event shall the Selling Shareholders be held liable for
indirect or consequential damages.

         (d) Concours shall not claim compensation from the Selling Shareholders
as provided in this Section 7.2 unless the total amount of Damages, shall
exceed, in the aggregate, US $40,000, and then only with regard to amounts in
excess thereof. Concours will use all reasonable efforts to avail itself of its
existing insurance coverage for claims to which it reasonably believes its
insurance is applicable. To the extent that Concours receives reimbursement
under any of its insurance policies for amounts that have been paid to it by the
Selling Shareholders, such payments by the Selling Shareholders shall be
refunded in the amount of insurance collected by Concours.

         (e) Notwithstanding the foregoing, no Selling Shareholder shall be
liable to Concours under this Article 7 in an amount exceeding the value, as of
the Closing Date, of the Concours Shares received by such Selling Shareholder
under this Agreement in exchange for such Selling Shareholder's Cepro Shares. As
to the Net Worth warranty, no Selling Shareholder shall be liable to Concours
under this Article 7 in an amount exceeding the value, at the time of settlement
of a claim for breach, of the Escrowed Shares issued to such Selling Shareholder
under this Agreement. The Selling Shareholders' obligations under this Article 7
shall be secured by the Escrowed Shares and the SPP Refund or Rebate. If, at the
time Cepro receives the SPP Refund or Rebate, there is no claim or other Damages
for which Concours reasonably believes it might be entitled to compensation
under this Article 7, the SPP Refund or Rebate shall be distributed as provided
in Section 5.4 hereof. If, however, Concours reasonably that there are or are
likely to be such Damages or claim, the SPP Refund or Rebate, as the case may
be, shall be held until there is a resolution regarding the existence and amount
of any such Damages or claim and such funds shall be applied to compensate
Concours before any of such funds are distributed. This section notwithstanding,
the source of funds to cover an obligation under this Article 7 shall not be
limited to such Selling Shareholder's Escrowed Shares, other Concours Shares or
the SPP Refund or Rebate.

         (f) The Selling Shareholders shall not be liable under this Section 7.2
to the extent that the damage, loss, liability or expense for which indemnity is
sought was the result of the gross negligence or willful misconduct of Concours.

     7.3 INDEMNIFICATION BY CONCOURS.

         (a) Concours agrees to indemnify each Selling Shareholder and hold them
harmless from, any and all Damages incurred or suffered by the Selling
Shareholders arising out of any breach of, or failure to timely perform, any
Concours representation, warranty, covenant or agreement of Concours set forth
in this Agreement or any certificate delivered in connection herewith or any
misrepresentation by Concours under this Agreement ("CONCOURS BREACH") (unless
such Concours Breach has been cured as provided in Section 7.1); except that the
Damages arising out of any and each Concours Breach to qualify for
indemnification shall exceed US $10,000.

         (b) The Selling Shareholders shall notify Concours of claims from third
parties against the Selling Shareholders, which may require Concours to
compensate the Selling Shareholders as provided above, no later than thirty (30)
days after the Selling Shareholders obtained knowledge of the claim. Concours
will be entitled, upon its election, by written notice given to the Selling
Shareholders within thirty (30) days after the date on

                                       17
<PAGE>   21

which notice of a claim is given to Concours, to assume the defense or
prosecution of such claim and any litigation resulting therefrom at its expense
and through counsel of its own choosing. The Selling Shareholders shall make
available to Concours all records and other materials reasonably required by it
for its use in contesting any third party claim and shall cooperate fully with
Concours in the defense of all such claims. If Concours does not assume the
defense or prosecution of any such claim or litigation, the Selling Shareholders
shall take all reasonable steps and efforts to defend or prosecute such claim or
litigation.

         (c) In no event shall Concours be held liable for indirect or
consequential damages.

         (d) The Selling Shareholders shall not claim compensation from Concours
as provided in subsections (a) and (b) of this Section 7.3 unless the total
amount of Damages, shall exceed, in the aggregate, US $40,000, and then only
with regard to amounts in excess thereof.

         (e) Concours shall not be liable under this Section 7.3 to the extent
that the damage, loss, liability or expense for which indemnity is sought was
the result of the gross negligence or willful misconduct of the Selling
Shareholders.

         (f) Notwithstanding the foregoing, Concours shall not have liability
under this Article 7 in an amount exceeding, in the aggregate, the value, as of
the Closing Date, of the Concours Shares issued to the Selling Shareholders
under this Agreement in exchange for the Cepro Shares.

                                   ARTICLE 8
                                  MISCELLANEOUS

     8.1 INCORPORATION BY REFERENCE. All exhibits and schedules attached to this
Agreement and all documents delivered pursuant to or referred to in this
Agreement are incorporated by reference and expressly made a part of this
Agreement.

     8.2 NO THIRD PARTY BENEFICIARIES. This Agreement shall not confer any
rights or remedies upon any person or entity other than the parties hereto and
their respective heirs, executors, administrators, successors and permitted
assigns.

     8.3 ENTIRE AGREEMENT; AMENDMENTS AND WAIVERS. This Agreement (including the
exhibits and schedules), the other agreements contemplated herein and/or
executed in connection with the consummation of the Transactions and any
agreement into which this Agreement is incorporated by reference contain the
entire agreement among the parties with respect to the transactions contemplated
hereby, and supersede all prior agreements, written or oral, with respect
thereto. Changes in or additions to this Agreement may be made only upon written
consent of Concours and by those Selling Shareholders holding at least a
majority of the Concours Shares. Any party hereto may waive any provision or
breach of this Agreement; provided, however that any such waiver shall not be
deemed to constitute a continuing waiver of any other breach or provision of
this Agreement unless such waiver is expressed in a writing signed by the party
to be bound.

     8.4 DISPUTE RESOLUTION. The parties hereby (a) agree to determine, with
finality, any and all disputes arising out of or relating to this Agreement in
accordance with the United

                                       18
<PAGE>   22

Nations Commission on International Trade Law (UNCITRAL) Arbitration Rules, by
one or more arbitrators appointed in accordance with the said rules; (b) agree
the place of arbitration shall be London, England, United Kingdom; (c) agree the
language of the arbitration shall be English; and (d) irrevocably consent to
arbitration pursuant to the above described terms. This Agreement shall be
governed by and construed in accordance with the laws chosen by the arbitrators.

     8.5 NOTICES. Any notice or other communication required or permitted
hereunder shall be in writing and shall be delivered personally, via overnight
delivery, sent by facsimile transmission or sent by United States or Swedish
mail, postage prepaid. Any such notice shall be deemed given when so delivered
personally or sent by facsimile transmission, or one day after the date of
delivery to an overnight delivery service, or if mailed, ten days after the date
of deposit in the United States or Swedish mail, as follows:

                  If to the Selling Shareholders:

                  At their respective addresses listed on the signature page.

                  If to Concours:

                  Dr. Ron Christman, President
                  The Concours Group, Inc.
                  3 Kingwood Place
                  800 Rockmead Drive, Suite 151
                  Kingwood, TX 77339
                  FAX:  (281) 358-4401

                  with a copy to:

                  Jenkens & Gilchrist
                  A Professional Corporation
                  1100 Louisiana Avenue
                  Houston, Texas  77002
                  Attention: Andrius Kontrimas
                  FAX:  (713) 951-3314

Any party may, by notice given in accordance with this section to the other
parties, designate another address or person for receipt of notices hereunder.

     8.6 CONSTRUCTION. The parties have participated jointly in the negotiation
and drafting of this Agreement. If an ambiguity or question of intent or
interpretation arises, this Agreement shall be construed as if drafted jointly
by the parties and no presumption or burden of proof shall arise favoring or
disfavoring any party by virtue of the authorship of any of the provisions of
this Agreement. The section and paragraph headings herein are for convenience
only and shall not affect the construction hereof. References to articles,
paragraphs and sections are to articles, paragraphs and sections of this
Agreement unless otherwise indicated.

     8.7 SEVERABILITY. If any provision of this Agreement is held by final
judgment of a court of competent jurisdiction to be invalid, illegal or

                                       19
<PAGE>   23

unenforceable, such invalid, illegal or unenforceable provision shall be severed
from the remainder of this Agreement, and the remainder of this Agreement shall
be enforced. In addition, the invalid, illegal or unenforceable provision shall
be deemed to be automatically modified, and as so modified to be included in
this Agreement, such modification being made to the minimum extent necessary to
render the provision valid, legal and enforceable. Notwithstanding the
foregoing, however, if the severed or modified provision concerns all or a
portion of the essential consideration to be delivered under this Agreement by
one party to the other, the remaining provisions of this Agreement shall also be
modified to the extent necessary to equitably adjust the parties' respective
rights and obligations hereunder.

     8.8 ATTORNEYS' FEES. If any action at law or in equity, including an action
for declaratory relief, is brought to enforce or interpret the provisions of
this Agreement, the prevailing party shall be entitled to recover reasonable
attorneys' fees and costs from the other party.

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

                  [Remainder of page intentionally left blank.]

                                       20
<PAGE>   24

         IN WITNESS WHEREOF, This Exchange Agreement has been executed by the
parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                               ---------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:
Address:

Granitvagen 24, 183 63 Taby
                                            ------------------------------------
                                            Ake Magnusson

<PAGE>   25

         IN WITNESS WHEREOF, This Exchange Agreement has been executed by the
parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                               ---------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:
Address:

Lotsgatan 16, 185 32 Vaxholm
                                            ------------------------------------
                                            Anders Ljung

<PAGE>   26

         IN WITNESS WHEREOF, This Exchange Agreement has been executed by the
parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                               ---------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:
Address:

Roburvagen 23, 181 33 Lidingo
                                            ------------------------------------
                                            Bo Hedberg

<PAGE>   27

         IN WITNESS WHEREOF, This Exchange Agreement has been executed by the
parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                               ---------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:
Address:

Kungsgatan 73, 112 27 Stockholm
                                            ------------------------------------
                                            Lasse Harrling

<PAGE>   28

         IN WITNESS WHEREOF, This Exchange Agreement has been executed by the
parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                               ---------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:
Address:

Fagelkarrsvagen 13, 122 32 Enskede
                                            ------------------------------------
                                            Louise Dahlgren

<PAGE>   29

         IN WITNESS WHEREOF, This Exchange Agreement has been executed by the
parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                               ---------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:
Address:

Fjalarstigen 3, 182 64 Djursholm
                                            ------------------------------------
                                            Michael Collins

<PAGE>   30

         IN WITNESS WHEREOF, This Exchange Agreement has been executed by the
parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                               ---------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:
Address:

Orrvagen, 191 55 Sollentuna
                                            ------------------------------------
                                            Rolf Haagg

<PAGE>   31

         IN WITNESS WHEREOF, This Exchange Agreement has been executed by the
parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                               ---------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:
Address:

Alvkarleovagen 26, 115 43 Stockholm
                                            ------------------------------------
                                            Carl-Johan Petri

<PAGE>   32

         IN WITNESS WHEREOF, This Exchange Agreement has been executed by the
parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:

                                               ---------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:
Address:

Valhallavagen 145, 115 31 Stockholm
                                            ------------------------------------
                                            Gro Knutsen

<PAGE>   33

         IN WITNESS WHEREOF, This Exchange Agreement has been executed by the
parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                               ---------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:
Address:

Sommarvagen 3, 183 62 Taby
                                            ------------------------------------
                                            Hans Nilsson

<PAGE>   34

         IN WITNESS WHEREOF, This Exchange Agreement has been executed by the
parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                               ---------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:
Address:

Liegatan 2, 193 32 Sigtuna
                                            ------------------------------------
                                            Jan Hallgren

<PAGE>   35

         IN WITNESS WHEREOF, This Exchange Agreement has been executed by the
parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                               ---------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:
Address:

Sysslomansgatan 26, 112 41 Stockholm
                                            ------------------------------------
                                            Jeanette Axen

<PAGE>   36

         IN WITNESS WHEREOF, This Exchange Agreement has been executed by the
parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                               ---------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:
Address:

Varvsgatan 12, 117 29 Stockholm
                                            ------------------------------------
                                            John Soderstrom

<PAGE>   37

         IN WITNESS WHEREOF, This Exchange Agreement has been executed by the
parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                               ---------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:
Address:

Stallvagen 26 B, 139 36 Varmdo
                                            ------------------------------------
                                            Jorgen Hansson

<PAGE>   38

         IN WITNESS WHEREOF, This Exchange Agreement has been executed by the
parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                               ---------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:
Address:

Mariedalsvagen 19, 217 54 Malmo
                                            ------------------------------------
                                            Kajs Ponten

<PAGE>   39

         IN WITNESS WHEREOF, This Exchange Agreement has been executed by the
parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                               ---------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:
Address:

Kakbrinken 3, 111 27 Stockholm
                                            ------------------------------------
                                            Nils-Goran Olve

<PAGE>   40

         IN WITNESS WHEREOF, This Exchange Agreement has been executed by the
parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                               ---------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:
Address:

Kometvagen 19, 183 48 Taby
                                            ------------------------------------
                                            Fredrik Bjorklund

<PAGE>   41

         IN WITNESS WHEREOF, This Exchange Agreement has been executed by the
parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                               ---------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:
Address:

Lilla Banvagen 9, 163 43 Spanga
                                            ------------------------------------
                                            Gunilla Gustavsson

<PAGE>   42

         IN WITNESS WHEREOF, This Exchange Agreement has been executed by the
parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                               ---------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:
Address:

Orrvagen 48, 183 51 Taby
                                            ------------------------------------
                                            Lisbeth Roy

<PAGE>   43

         IN WITNESS WHEREOF, This Exchange Agreement has been executed by the
parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                               ---------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:
Address:

Kalmgatan 45,121 45 Johanneshov
                                            ------------------------------------
                                            Mare Rautiainen

<PAGE>   44

         IN WITNESS WHEREOF, This Exchange Agreement has been executed by the
parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                               ---------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:
Address:

Plommonvagen 4, 179 45 Jarfalla
                                            ------------------------------------
                                            Victoria Israelsson

<PAGE>   45

         IN WITNESS WHEREOF, This Exchange Agreement has been executed by the
parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                               ---------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:
Address:

Aspnasvagen 1, 181 43 Lidingo
                                            ------------------------------------
                                            Anders Edlund

<PAGE>   46

         IN WITNESS WHEREOF, This Exchange Agreement has been executed by the
parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                               ---------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:
Address:

Vastra Bangatan 47 A, 195 40 Marsta
                                            ------------------------------------
                                            Anders Eriksson

<PAGE>   47

         IN WITNESS WHEREOF, This Exchange Agreement has been executed by the
parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                               ---------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:
Address:

Riddargatan 51, 114 57 Stockholm
                                            ------------------------------------
                                            Asa Follin

<PAGE>   48

         IN WITNESS WHEREOF, This Exchange Agreement has been executed by the
parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                               ---------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:
Address:

Drottninggatan 106, 111 60 Stockholm
                                            ------------------------------------
                                            Bengt Lundblad

<PAGE>   49

         IN WITNESS WHEREOF, This Exchange Agreement has been executed by the
parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                               ---------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:
Address:

Drottninggatan 106, 111 60 Stockholm
                                            ------------------------------------
                                            Bengt Ryden

<PAGE>   50

         IN WITNESS WHEREOF, This Exchange Agreement has been executed by the
parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                               ---------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:
Address:

Uddvagen 13 A, 181 30 Lidingo
                                            ------------------------------------
                                            Birger Zahn

<PAGE>   51

         IN WITNESS WHEREOF, This Exchange Agreement has been executed by the
parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                               ---------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:
Address:

Porsvagen 346, 192 48 Solentuna
                                            ------------------------------------
                                            Bo Daven

<PAGE>   52

         IN WITNESS WHEREOF, This Exchange Agreement has been executed by the
parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                               ---------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:
Address:

Vargvagen 7, 131 42 Nacka
                                            ------------------------------------
                                            Brian Kylen

<PAGE>   53

         IN WITNESS WHEREOF, This Exchange Agreement has been executed by the
parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                               ---------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:
Address:

Enkopingsvagen 14, 175 63 Jarfalla
                                            ------------------------------------
                                            Eva Lofgren

<PAGE>   54

         IN WITNESS WHEREOF, This Exchange Agreement has been executed by the
parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                               ---------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:
Address:

Fagelkarrsvagen 13, 122 32 Enskede
                                            ------------------------------------
                                            Goran Dahlgren

<PAGE>   55

         IN WITNESS WHEREOF, This Exchange Agreement has been executed by the
parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                               ---------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:
Address:

Bergsvagen 43, 141 71 Huddinge
                                            ------------------------------------
                                            Hans Lindroth

<PAGE>   56

         IN WITNESS WHEREOF, This Exchange Agreement has been executed by the
parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                               ---------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:
Address:

Fagelsangen 3, 182 74 Stocksund
                                            ------------------------------------
                                            Holger Wastlund

<PAGE>   57

         IN WITNESS WHEREOF, This Exchange Agreement has been executed by the
parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                               ---------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:
Address:

Riddargatan 51, 114 57 Stockholm
                                            ------------------------------------
                                            Ilona von Stryk Aulin

<PAGE>   58

         IN WITNESS WHEREOF, This Exchange Agreement has been executed by the
parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                               ---------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:
Address:

Ostergardsvagen 1, 194 53 Upplands-Vasby
                                            ------------------------------------
                                            Jan Bergstrand

<PAGE>   59

         IN WITNESS WHEREOF, This Exchange Agreement has been executed by the
parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                               ---------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:
Address:

Orrvagen 48, 183 51 Taby
                                            ------------------------------------
                                            Jan Roy

<PAGE>   60

         IN WITNESS WHEREOF, This Exchange Agreement has been executed by the
parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                               ---------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:
Address:

Beckombergavagen 111, 168 56 Bromma
                                            ------------------------------------
                                            Kristina Elliot

<PAGE>   61

         IN WITNESS WHEREOF, This Exchange Agreement has been executed by the
parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                               ---------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:
Address:

Norrstigen 45, 181 31 Lidingo
                                            ------------------------------------
                                            Lennart Arvedsson

<PAGE>   62

         IN WITNESS WHEREOF, This Exchange Agreement has been executed by the
parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                               ---------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:
Address:

Nasbydalsvagen 16, 183 37 Taby
                                            ------------------------------------
                                            Mats Wester

<PAGE>   63

         IN WITNESS WHEREOF, This Exchange Agreement has been executed by the
parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                               ---------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:
Address:

Kartvagen 28, 136 65 Haninge
                                            ------------------------------------
                                            Michael Lundin

<PAGE>   64

         IN WITNESS WHEREOF, This Exchange Agreement has been executed by the
parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                               ---------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:
Address:

Lansmansvagen 209, 191 70 Sollentuna
                                            ------------------------------------
                                            Mikael Falck

<PAGE>   65

         IN WITNESS WHEREOF, This Exchange Agreement has been executed by the
parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                               ---------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:
Address:

Garnsviksvagen 8, 184 42 Akersberga
                                            ------------------------------------
                                            Mikael Sundling

<PAGE>   66

         IN WITNESS WHEREOF, This Exchange Agreement has been executed by the
parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                               ---------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:
Address:

Drottningholmsvagen 70, 112 42 Stockholm
                                            ------------------------------------
                                            Per-Eric Magnusson

<PAGE>   67

         IN WITNESS WHEREOF, This Exchange Agreement has been executed by the
parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                               ---------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:
Address:

Barrstigen 38, 181 62 Lidingo
                                            ------------------------------------
                                            Peter Gavatin

<PAGE>   68

         IN WITNESS WHEREOF, This Exchange Agreement has been executed by the
parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                               ---------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:
Address:

Frodegatan 13A, 753 25 Uppsala
                                            ------------------------------------
                                            Roger Wallen

<PAGE>   69

         IN WITNESS WHEREOF, This Exchange Agreement has been executed by the
parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                               ---------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:
Address:

Odengatan 45, 113 51 Stockholm
                                            ------------------------------------
                                            Rune Brandinger

<PAGE>   70

                         LIST OF SCHEDULES AND EXHIBITS

<TABLE>
<CAPTION>

DISCLOSURE SCHEDULE:
--------------------
<S>                                 <C>
Schedule 2.4                        Cepro Subsidiaries
Schedule 2.9                        Cepro Financial Statements
Schedule 2.10                       Liabilities
Schedule 2.12                       Intangible Property
Schedule 2.13                       Title to Properties and Assets
Schedule 2.15                       Material Contracts and Commitments
Schedule 2.18                       Permits, Licenses and Laws
Schedule 2.19                       Cepro Consents
Schedule 2.20                       Employee Matters
Schedule 2.22                       Affiliate Transactions
Schedule 3.3                        Capitalization
Schedule 3.8                        Concours Consents
Schedule 3.9                        Concours Financial Statements
</TABLE>

<TABLE>
<CAPTION>

EXHIBITS:
---------
<S>                                 <C>
Exhibit A                           Selling Shareholders
Exhibit B                           Buy-Sell Agreement
Exhibit C                           Noncompetition, Nonsolicitation and Nondisclosure Agreement
Exhibit D                           Employment Agreements
Exhibit E                           Voting Trust Agreement
Exhibit F                           Power of Attorney
Exhibit G                           Legal Opinion of Delphi
Exhibit H                           Legal Opinion of Jenkens & Gilchrist
</TABLE>

<PAGE>   71

                                    EXHIBIT A

                              SELLING SHAREHOLDERS

<TABLE>
<CAPTION>

NAME AND ADDRESS                                                CEPRO SHARES
----------------                                                -------------
<S>                                                             <C>
Arvedson Lennart                                                    169
Axen Jeanette                                                        53
Collins Michael                                                     249
Dahlgren Goran                                                      169
Daven Bo                                                            169
Edlund Anders                                                        53
Elliot Kristina                                                     122
Eriksson Anders                                                     169
Falck Mikael                                                        169
Follin Asa                                                          169
Gavatin Peter                                                       169
Hallgren Jan                                                        169
Hansson Jorgen                                                      169
Harrling Lasse                                                      169
Hedberg Bo                                                          249
Haagg Rolf                                                          169
Knutsen Gro                                                          53
Kylen Brian                                                         169
Ljung Anders                                                        169
Lundin Michael                                                      100
Lundblad Bengt                                                       53
Lofgren Eva                                                          53
Magnusson Per-Eric                                                  169
Magnusson Ake                                                       279
Nilsson Hans                                                        169
Olve Nils-Goram                                                     169
Ponten Kajsa                                                         53
Roy Jan                                                             279
von Stryk Aulin Ilona                                               169
Sundling Mikael                                                      53
Lindroth Hans                                                        70
Soderstrom John                                                      50
Wallen Roger                                                         53
Bergstrand Jan                                                      100
Rautiainen Mare                                                      32
Wester Mats                                                          32
Brandinger Rune                                                      75
Ryden Bengt                                                          90
Petri Carl-Johan                                                     53
Bjorklund Fredrik                                                    40
Dahlgren Louise                                                      95
Wastlund Holger                                                     169
Roy Lisbeth                                                          95
Gustavsson gunilla                                                   95
Birger Zahn                                                         169
Israelsson Victoria                                                  10
</TABLE>

<PAGE>   72

                                    EXHIBIT B

                               BUY-SELL AGREEMENT

<PAGE>   73

                                    EXHIBIT C

           NONCOMPETITION, NONSOLICITATION AND NONDISCLOSURE AGREEMENT

<PAGE>   74

                                    EXHIBIT D

                              EMPLOYMENT AGREEMENT

<PAGE>   75

                                    EXHIBIT E

                             VOTING TRUST AGREEMENT

<PAGE>   76

                                    EXHIBIT F

                                POWER OF ATTORNEY

<PAGE>   77

                                    EXHIBIT G

                             LEGAL OPINION OF DELPHI

1 Cepro and each of its subsidiaries (the "Cepro Subsidiaries") is a private
company or partnership, duly registered and validly existing under the laws of
Sweden, each has all requisite power and authority to carry on the business in
which it is now engaged (the "Business"), and is duly qualified in each
jurisdiction in which the location or nature of its property or the character of
the Business makes such qualification necessary except where the failure to be
so qualified would not have a material adverse effect on Cepro.

2 To the knowledge of Delphi, Cepro has no outstanding options, warrants,
conversion rights or other legal obligations of any kind to issue or sell any
Cepro Capital Stock or equity interests in any of the Cepro Subsidiaries. As of
the Closing Date, there are no outstanding subscriptions, warrants, options,
legal obligations or other rights to purchase or acquire any securities
convertible into or exchangeable for any Cepro Capital Stock or any preemptive
rights or rights of first refusal with respect to the issuance or sale of Cepro
Capital Stock.

3 To the knowledge of Delphi, each Selling Shareholder has the corporate power
and authority to execute and deliver this Agreement and each of the Ancillary
Agreements and to perform his or her legal obligations under each of such
agreements. The Agreement and the Ancillary Agreements constitute the valid and
binding obligation of each Selling Shareholder, enforceable against each Selling
Shareholder in accordance with their respective terms.

4 To the knowledge of Delphi, Cepro is not in violation of any authority or
permit required to carry on the Business.

5 To the knowledge of Delphi, except as disclosed in the Agreement, no consent,
approval or authorization or order of any governmental authority or other third
party is required in connection with the valid execution and delivery and
consummation of the Agreement, or the offer, sale, or transfer, as provided in
the Agreement, of the Cepro Shares or the consummation of the Transactions.

6 Neither the execution and the delivery of this Agreement or the Ancillary
Agreements, nor the consummation of the Transactions, will violate any terms or
provisions of Cepro's Articles of Association or bylaws or result in any breach
of or default under any material lease, instrument license, permit or any other
agreement listed in a schedule to the Agreement, except to the extent
specifically set forth in such schedules.

7 To the knowledge of Delphi, Cepro is not in violation of any order issued by
any court or agency and there are no claims, actions, suits or proceedings
pending, or threatened against or affecting Cepro, before any court or
governmental agency or body.

<PAGE>   78

                                    EXHIBIT H

                      LEGAL OPINION OF JENKENS & GILCHRIST

Concours is a corporation duly incorporated and validly existing under the laws
of the State of Delaware and has all requisite power and authority to carry on
the business in which it is now engaged (the "Business").

To the knowledge of Jenkens & Gilchrist, Schedule 3.3 of the Agreement sets
forth, as of the Closing Date, all of the outstanding options, warrants,
conversion rights or other legal obligations to issue or sell any of the equity
interests in Concours.

To the knowledge of Jenkens & Gilchrist, Concours has full power and authority
to execute and deliver the Exchange Agreement and each of the Ancillary
Agreements and to perform its legal obligations under each of such agreements.
The Agreement and the Ancillary Agreements constitute the legal, valid, and
binding obligation of Concours, enforceable against it in accordance with their
respective terms.<PAGE>   1
                                                                    EXHIBIT 10.3

                           REPURCHASE RIGHTS AGREEMENT

                                     BY AND

                                      AMONG

                            THE CONCOURS GROUP, INC.,
                             A DELAWARE CORPORATION

                                       AND

                          THE SHAREHOLDERS OF CEPRO AB
                               LISTED ON EXHIBIT A

<PAGE>   2

                           REPURCHASE RIGHTS AGREEMENT

         This Repurchase Rights Agreement (this "AGREEMENT") is made as of the
close of Concours' business on February 29, 2000 (the "EFFECTIVE DATE"), by and
among The Concours Group, Inc. ("CONCOURS"), a Delaware corporation, and the
shareholders of Cepro AB ("CEPRO"), a Swedish private company, listed on Exhibit
A hereto (the "SELLING SHAREHOLDERS").

                                    RECITALS

         Concours and the Selling Shareholders have entered into that certain
Exchange Agreement (the "EXCHANGE AGREEMENT") contemporaneously with the
execution of this Agreement, as of the Effective Date. Pursuant to the Exchange
Agreement, Concours is purchasing all of the outstanding shares of capital stock
of Cepro (the "CEPRO SHARES") and the Selling Shareholders are acquiring, a
total of 1,221,000 shares (the "CONCOURS SHARES") of Concours common stock, par
value of $0.01 per share (the "CONCOURS COMMON STOCK"), for the consideration
and on the terms set forth in the Exchange Agreement and in this Agreement
(collectively, the "TRANSACTIONS").

         Concours and the Selling Shareholders desire to set forth certain
repurchase rights (the "REPURCHASE RIGHTS") and the related contingencies that
may give rise to the Repurchase Rights.

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

                                    AGREEMENT

         The parties, intending to be legally bound, agree as follows:

                                   ARTICLE 1
                                REPURCHASE RIGHT

         A portion of the Concours Shares acquired under this Agreement are
subject to certain repurchase rights of Concours on the following terms:

     1.1 REPURCHASE OF CONCOURS SHARES - GENERAL

         (a) The 1,221,000 Concours Shares comprise three categories of shares
with varying attendant rights: (1) "PRIMARY SHARES" totaling 756,000 of the
Concours Shares; (2) "ESCROWED SHARES" totaling 235,000 of the Concours Shares;
and (3) "ADDITIONAL SHARES" totaling 230,000 of the Concours Shares.

<PAGE>   3

         (b) The Selling Shareholders represent and warrant that they are, upon
the closing of the Transactions, employees of Cepro, which, after consummation
of the Transactions, will be named Concours-Cepro AB. If a Selling Shareholder's
employment with Cepro is terminated by either the Selling Shareholder or the
employer for any reason or no reason ("TERMINATION"), before March 1, 2003, all
of his or her (the "FORMER EMPLOYEE") Additional Shares and Escrowed Shares, may
be repurchased. In the case of the Primary Shares, there shall be no Repurchase
Rights. With respect to the Additional Shares, the parties, including Concours,
described below (the "ELIGIBLE PURCHASERS") shall have Repurchase Rights. The
Repurchase Price with respect to the Additional Shares and the Escrowed Shares
shall be $10.00 per share.

         (c) If a Termination occurs on or after March 1, 2003, the Former
Employee may keep all of his or her Additional Shares and remaining Escrowed
Shares.

         (d) The identity of the Eligible Purchasers who may repurchase, and the
priority of each such Eligible Purchaser's right to repurchase, the Additional
Shares under the terms described in the preceding paragraphs are set forth in
Article 2 of the Buy-Sell Agreement attached to the Exchange Agreement as
Exhibit B (the "BUY-SELL AGREEMENT"). Each Eligible Purchaser will have that
number of days to determine whether to repurchase Additional Shares and to close
on the purchase, as is set forth in Article 2 of the Buy-Sell Agreement.

         (e) The Escrowed Shares and Additional Shares may be voted by the
Selling Shareholder, subject to the terms of the Voting Trust Agreement attached
to the Exchange Agreement as Exhibit E (the "VOTING TRUST AGREEMENT"), and the
holder of the Escrowed Shares and the Additional shares shall be entitled to any
dividends distributed in respect of Concours Common Stock.

     1.2 COMPLIANCE WITH REPURCHASE RIGHT. The Selling Shareholders agree to
observe and comply with the provisions of this Article 1. If the events that
trigger the Repurchase Right occur, the Selling Shareholder will follow the
instructions provided by Concours with respect to the execution of documents
pertaining to or effecting the transfer of the Concours Shares to Concours or
another authorized purchaser and all other instructions provided by Concours.
The Voting Trust Agreement notwithstanding, all certificates evidencing Concours
Shares will remain in the possession of Concours for so long as there is a
Repurchase Right associated with such Concours Shares.

     1.3 ADDITIONAL SHARES NOT REPURCHASED. Additional Shares that are not
repurchased by an Eligible Purchaser within 130 days after Termination, may be
retained by such Former Employee, but will continue to be subject to the Voting
Trust Agreement and the Buy-Sell Agreement if such agreements are still in
effect.

<PAGE>   4

                                   ARTICLE 2
                                 ESCROWED SHARES

     2.1 TERMS OF ESCROW. Subject to Article 1, the Escrowed Shares will be held
in escrow by Concours as Escrow Agent until March 1, 2003; provided, however,
that if a Termination occurs prior to March 1, 2003, triggering the Repurchase
Rights set forth in this Agreement, the Repurchase Rights shall survive the
expiration of the escrow for the period set forth in this Agreement for the
Repurchase Rights. While in escrow, the Escrowed Shares may not be transferred
to any other holder and may be conveyed, if at all, to Concours, as provided in
this Agreement.

     2.2 REPURCHASE OF THE ESCROWED SHARES. Any Escrowed Shares that are still
held by a Selling Shareholder on the date of a Termination may be repurchased by
Concours only; provided, however, that if any such remaining Escrowed Shares
have not been purchased within 130 days after a Termination, the Escrowed Shares
shall be released from escrow and the Former Employee may keep the Escrowed
Shares.

     2.3 RELEASE OF ESCROWED SHARES. Escrowed Shares that have not been conveyed
back to Concours pursuant to Section 2.4 shall, effective March 1, 2003, be
released from escrow, at which time they shall not be subject to any repurchase
rights except as provided in Section 2.1, but will continue to remain subject to
the Voting Trust Agreement and the Buy-Sell Agreement if such agreements are
still in effect.

     2.4 CONVEYANCE OF ESCROWED SHARES. Under the Exchange Agreement, the
Selling Shareholders are making certain representations and warranties upon
which Concours has relied in determining to acquire Cepro and with respect to
which the Selling Shareholders have indemnified Concours. The Selling
Shareholders' obligations for breaches of their representations and warranties
under the indemnity in the Exchange Agreement are hereby secured by the Escrowed
Shares. Therefore, if there is a breach of the Exchange Agreement by the Selling
Shareholders as a result of which Concours is damaged, Concours may require the
Selling Shareholders to convey to it, in satisfaction of the Selling
Shareholders' obligation to it for such breach, some or all of the Escrowed
Shares to the extent required to compensate Concours for the damages it suffers
in the event of such breach. If this occurs, there shall be no payment by
Concours to the Selling Shareholders for the Escrowed Shares. If there is a
conveyance of Escrowed Shares to Concours pursuant to this Section 2.4, the
number of Escrowed Shares to be contributed to Concours by each Selling
Shareholder, if less than one-hundred percent of all Escrowed Shares are to be
conveyed to Concours, shall be determined on the basis of the ratio that each
such Selling Shareholder's Escrowed Shares bears to the total number of Concours
Shares that, at the time of settlement of such indemnity claim, constitute the
Escrowed Shares, to the nearest whole number. In the case of a conveyance or
capital contribution, the Selling Shareholders shall execute stock powers and
any such other documents required by Concours in the form provided by Concours
for the purpose of effecting the transfer to Concours of the applicable number
of Concours Shares as determined by the amount by which Concours has been
damaged and the market value of the Concours Shares at the time of the breach of
the Exchange Agreement.

<PAGE>   5

                                   ARTICLE 3
                                  MISCELLANEOUS

     3.1 INCORPORATION BY REFERENCE. All exhibits and schedules attached to this
Agreement and all documents delivered pursuant to or referred to in this
Agreement, including, without limitation the Exchange Agreement, are
incorporated by reference and expressly made a part of this Agreement.

     3.2 NO THIRD PARTY BENEFICIARIES. This Agreement shall not confer any
rights or remedies upon any person or entity other than the parties hereto and
their respective heirs, executors, administrators, successors and permitted
assigns.

     3.3 ENTIRE AGREEMENT; AMENDMENTS AND WAIVERS. This Agreement (including the
exhibits and schedules) and the other agreements contemplated herein and
executed in connection with the consummation of the Transactions contain the
entire agreement among the parties with respect to the transactions contemplated
hereby, and supersede all prior agreements, written or oral, with respect
thereto. Changes in or additions to this Agreement may be made only upon written
consent of Concours and those Selling Shareholders holding at least a majority
of the Concours Shares.

     3.4 DISPUTE RESOLUTION. The parties hereby: (a) agree to determine, with
finality, any and all disputes arising out of or relating to this Agreement in
accordance with the United Nations Commission on International Trade Law
(UNCITRAL) Arbitration Rules, by one or more arbitrators appointed in accordance
with the said rules; (b) agree the place of arbitration shall be London,
England, United Kingdom; (c) agree the language of the arbitration shall be
English; and (d) irrevocably consent to arbitration pursuant to the above
described terms. This Agreement shall be governed by and construed in accordance
with the laws of the arbitrators' choosing.

     3.5 NOTICES. Any notice or other communication required or permitted
hereunder shall be in writing and shall be delivered personally, via overnight
delivery, sent by facsimile transmission or sent by United States or Swedish
mail, postage prepaid. Any such notice shall be deemed given when so delivered
personally or sent by facsimile transmission, or one day after the date of
delivery to an overnight delivery service, or if mailed, seven days after the
date of deposit in the United States or Swedish mail, as follows:

                  If to the Selling Shareholders:

                  At their respective addresses listed on the signature page.

                  If to Concours:

                  Dr. Ron Christman, President
                  The Concours Group, Inc.
                  3 Kingwood Place
                  800 Rockmead Drive, Suite 151
                  Kingwood, Texas 77339

<PAGE>   6

                  FAX:  (281) 358-4401
                  with a copy to:

                  Jenkens & Gilchrist
                  A Professional Corporation
                  1100 Louisiana Avenue, Suite 1800
                  Houston, Texas  77002
                  Attention: Andrius Kontrimas
                  FAX:  (713) 951-3314

         Any party may, by notice given in accordance with this section to the
other parties, designate another address or person for receipt of notices
hereunder.

     3.6 CONSTRUCTION. The parties have participated jointly in the negotiation
and drafting of this Agreement. If an ambiguity or question of intent or
interpretation arises, this Agreement shall be construed as if drafted jointly
by the parties and no presumption or burden of proof shall arise favoring or
disfavoring any party by virtue of the authorship of any of the provisions of
this Agreement. The section and paragraph headings herein are for convenience
only and shall not affect the construction hereof. References to articles,
paragraphs and sections are to articles, paragraphs and sections of this
Agreement unless otherwise indicated.

     3.7 SEVERABILITY. If any provision of this Agreement is held by final
judgment of a court of competent jurisdiction to be invalid, illegal or
unenforceable, such invalid, illegal or unenforceable provision shall be severed
from the remainder of this Agreement, and the remainder of this Agreement shall
be enforced. In addition, the invalid, illegal or unenforceable provision shall
be deemed to be automatically modified, and as so modified to be included in
this Agreement, such modification being made to the minimum extent necessary to
render the provision valid, legal and enforceable. Notwithstanding the
foregoing, however, if the severed or modified provision concerns all or a
portion of the essential consideration to be delivered under this Agreement by
one party to the other, the remaining provisions of this Agreement shall also be
modified to the extent necessary to equitably adjust the parties' respective
rights and obligations hereunder.

     3.8 ATTORNEYS' FEES. If any action at law or in equity, including an action
for declaratory relief, is brought to enforce or interpret the provisions of
this Agreement, the prevailing party shall be entitled to recover reasonable
attorneys' fees and costs from the other party.

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

                   [Signatures appear on the following page.]

<PAGE>   7

         IN WITNESS WHEREOF, this Repurchase Rights Agreement has been executed
by the parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                                 -------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:

                                            -----------------------------------
                                            Ake Magnusson
Address:

Granitvagen 24, 183 63 Taby

<PAGE>   8

         IN WITNESS WHEREOF, this Repurchase Rights Agreement has been executed
by the parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                                 -------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:

                                            -----------------------------------
                                            Anders Ljung
Address:

Lotsgatan 16, 185 32 Vaxholm

<PAGE>   9

         IN WITNESS WHEREOF, this Repurchase Rights Agreement has been executed
by the parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                                 -------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:

                                            -----------------------------------
                                            Bo Hedberg
Address:

Roburvagen 23, 181 33 Lidingo

<PAGE>   10

         IN WITNESS WHEREOF, this Repurchase Rights Agreement has been executed
by the parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                                 -------------------------------
                                                 Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:

                                            -----------------------------------
                                            Lasse Harrling
Address:

Kungsgatan 73, 112 27 Stockholm

<PAGE>   11

         IN WITNESS WHEREOF, this Repurchase Rights Agreement has been executed
by the parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                                 -------------------------------
                                                 Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:

                                            -----------------------------------
                                            Louise Dahlgren
Address:

Fagelkarrsvagen 13, 122 32 Enskede

<PAGE>   12

         IN WITNESS WHEREOF, this Repurchase Rights Agreement has been executed
by the parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                                 -------------------------------
                                                 Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:

                                            -----------------------------------
                                            Michael Collins
Address:

Fjalarstigen 3, 182 64 Djursholm

<PAGE>   13

         IN WITNESS WHEREOF, this Repurchase Rights Agreement has been executed
by the parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                                 -------------------------------
                                                   Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:

                                            -----------------------------------
                                            Rolf Haagg
Address:

Orrvagen, 191 55 Sollentuna

<PAGE>   14

         IN WITNESS WHEREOF, this Repurchase Rights Agreement has been executed
by the parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                                 -------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:

                                            -----------------------------------
                                            Carl-Johan Petri
Address:

Alvkarleovagen 26, 115 43 Stockholm

<PAGE>   15

         IN WITNESS WHEREOF, this Repurchase Rights Agreement has been executed
by the parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                                 -------------------------------
                                                   Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:

                                            -----------------------------------
                                            Gro Knutsen
Address:

Valhallavagen 145, 115 31 Stockholm

<PAGE>   16

         IN WITNESS WHEREOF, this Repurchase Rights Agreement has been executed
by the parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                                 -------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:

                                            -----------------------------------
                                            Hans Nilsson
Address:

Sommarvagen 3, 183 62 Taby

<PAGE>   17

         IN WITNESS WHEREOF, this Repurchase Rights Agreement has been executed
by the parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                                 -------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:

                                            -----------------------------------
                                            Jan Hallgren
Address:

Liegatan 2, 193 32 Sigtuna

<PAGE>   18

         IN WITNESS WHEREOF, this Repurchase Rights Agreement has been executed
by the parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                                 -------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:

                                            -----------------------------------
                                            Jeanette Axen
Address:

Sysslomansgatan 26, 112 41 Stockholm

<PAGE>   19

         IN WITNESS WHEREOF, this Repurchase Rights Agreement has been executed
by the parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                                 -------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:

                                            -----------------------------------
                                            John Soderstrom
Address:

Varvsgatan 12, 117 29 Stockholm

<PAGE>   20

         IN WITNESS WHEREOF, this Repurchase Rights Agreement has been executed
by the parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                                 -------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:

                                            -----------------------------------
                                            Jorgen Hansson
Address:

Stallvagen 26 B, 139 36 Varmdo

<PAGE>   21

         IN WITNESS WHEREOF, this Repurchase Rights Agreement has been executed
by the parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                                 -------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:

                                            -----------------------------------
                                            Kajs Ponten
Address:

Mariedalsvagen 19, 217 54 Malmo

<PAGE>   22

         IN WITNESS WHEREOF, this Repurchase Rights Agreement has been executed
by the parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                                 -------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:

                                            -----------------------------------
                                            Nils-Goran Olve
Address:

Kakbrinken 3, 111 27 Stockholm

<PAGE>   23

         IN WITNESS WHEREOF, this Repurchase Rights Agreement has been executed
by the parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                                 -------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:

                                            -----------------------------------
                                            Fredrik Bjorklund
Address:

Kometvagen 19, 183 48 Taby

<PAGE>   24

         IN WITNESS WHEREOF, this Repurchase Rights Agreement has been executed
by the parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                                 -------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:

                                            -----------------------------------
                                            Gunilla Gustavsson
Address:

Lilla Banvagen 9, 163 43 Spanga

<PAGE>   25

         IN WITNESS WHEREOF, this Repurchase Rights Agreement has been executed
by the parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                                 -------------------------------
                                                 Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:

                                            -----------------------------------
                                            Lisbeth Roy
Address:

Orrvagen 48, 183 51 Taby

<PAGE>   26

         IN WITNESS WHEREOF, this Repurchase Rights Agreement has been executed
by the parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                                 -------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:

                                            -----------------------------------
                                            Mare Rautiainen
Address:

Kalmgatan 45,121 45 Johanneshov

<PAGE>   27

         IN WITNESS WHEREOF, this Repurchase Rights Agreement has been executed
by the parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                                 -------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:

                                            -----------------------------------
                                            Victoria Israelsson
Address:

Plommonvagen 4, 179 45 Jarfalla

<PAGE>   28

         IN WITNESS WHEREOF, this Repurchase Rights Agreement has been executed
by the parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                                 -------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:

                                            -----------------------------------
                                            Anders Edlund
Address:

Aspnasvagen 1, 181 43 Lidingo

<PAGE>   29

         IN WITNESS WHEREOF, this Repurchase Rights Agreement has been executed
by the parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                                 -------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:

                                            -----------------------------------
                                            Anders Eriksson
Address:

Vastra Bangatan 47 A, 195 40 Marsta

<PAGE>   30

         IN WITNESS WHEREOF, this Repurchase Rights Agreement has been executed
by the parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                                 -------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:

                                            -----------------------------------
                                            Asa Follin
Address:

Riddargatan 51, 114 57 Stockholm

<PAGE>   31

         IN WITNESS WHEREOF, this Repurchase Rights Agreement has been executed
by the parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                                 -------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:

                                            -----------------------------------
                                            Bengt Lundblad
Address:

Drottninggatan 106, 111 60 Stockholm

<PAGE>   32

         IN WITNESS WHEREOF, this Repurchase Rights Agreement has been executed
by the parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                                 -------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:

                                            -----------------------------------
                                            Bengt Ryden
Address:

Drottninggatan 106, 111 60 Stockholm

<PAGE>   33

         IN WITNESS WHEREOF, this Repurchase Rights Agreement has been executed
by the parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                                 -------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:

                                            -----------------------------------
                                            Birger Zahn
Address:

Uddvagen 13 A, 181 30 Lidingo

<PAGE>   34

         IN WITNESS WHEREOF, this Repurchase Rights Agreement has been executed
by the parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                                 -------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:

                                            -----------------------------------
                                            Bo Daven
Address:

Porsvagen 346, 192 48 Solentuna

<PAGE>   35

         IN WITNESS WHEREOF, this Repurchase Rights Agreement has been executed
by the parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                                 -------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:

                                            -----------------------------------
                                            Brian Kylen
Address:

Vargvagen 7, 131 42 Nacka

<PAGE>   36

         IN WITNESS WHEREOF, this Repurchase Rights Agreement has been executed
by the parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                                 -------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:

                                            -----------------------------------
                                            Eva Lofgren
Address:

Enkopingsvagen 14, 175 63 Jarfalla

<PAGE>   37

         IN WITNESS WHEREOF, this Repurchase Rights Agreement has been executed
by the parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                                 -------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:

                                            -----------------------------------
                                            Goran Dahlgren
Address:

Fagelkarrsvagen 13, 122 32 Enskede

<PAGE>   38

         IN WITNESS WHEREOF, this Repurchase Rights Agreement has been executed
by the parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                                 -------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:

                                            -----------------------------------
                                            Hans Lindroth
Address:

Bergsvagen 43, 141 71 Huddinge

<PAGE>   39

         IN WITNESS WHEREOF, this Repurchase Rights Agreement has been executed
by the parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                                 -------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:

                                            -----------------------------------
                                            Holger Wastlund
Address:

Fagelsangen 3, 182 74 Stocksund

<PAGE>   40

         IN WITNESS WHEREOF, this Repurchase Rights Agreement has been executed
by the parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                                 -------------------------------
                                                   Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:

                                            -----------------------------------
                                            Ilona von Stryk Aulin
Address:

Riddargatan 51, 114 57 Stockholm

<PAGE>   41

         IN WITNESS WHEREOF, this Repurchase Rights Agreement has been executed
by the parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                                 -------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:

                                            -----------------------------------
                                            Jan Bergstrand
Address:

Ostergardsvagen 1, 194 53 Upplands-Vasby

<PAGE>   42

         IN WITNESS WHEREOF, this Repurchase Rights Agreement has been executed
by the parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                                 -------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:

                                            -----------------------------------
                                            Jan Roy
Address:

Orrvagen 48, 183 51 Taby

<PAGE>   43

         IN WITNESS WHEREOF, this Repurchase Rights Agreement has been executed
by the parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                                 -------------------------------
                                                 Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:

                                            -----------------------------------
                                            Kristina Elliot
Address:

Beckombergavagen 111, 168 56 Bromma

<PAGE>   44

         IN WITNESS WHEREOF, this Repurchase Rights Agreement has been executed
by the parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                                 -------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:

                                            -----------------------------------
                                            Lennart Arvedsson
Address:

Norrstigen 45, 181 31 Lidingo

<PAGE>   45

         IN WITNESS WHEREOF, this Repurchase Rights Agreement has been executed
by the parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                                 -------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:

                                            -----------------------------------
                                            Mats Wester
Address:

Nasbydalsvagen 16, 183 37 Taby

<PAGE>   46

         IN WITNESS WHEREOF, this Repurchase Rights Agreement has been executed
by the parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                                 -------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:

                                            -----------------------------------
                                            Michael Lundin
Address:

Kartvagen 28, 136 65 Haninge

<PAGE>   47

         IN WITNESS WHEREOF, this Repurchase Rights Agreement has been executed
by the parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                                 -------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:

                                            -----------------------------------
                                            Mikael Falck
Address:

Lansmansvagen 209, 191 70 Sollentuna

<PAGE>   48

         IN WITNESS WHEREOF, this Repurchase Rights Agreement has been executed
by the parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                                 -------------------------------
                                                 Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:

                                            -----------------------------------
                                            Mikael Sundling
Address:

Garnsviksvagen 8, 184 42 Akersberga

<PAGE>   49

         IN WITNESS WHEREOF, this Repurchase Rights Agreement has been executed
by the parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                                 -------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:

                                            -----------------------------------
                                            Per-Eric Magnusson
Address:

Drottningholmsvagen 70, 112 42 Stockholm

<PAGE>   50

         IN WITNESS WHEREOF, this Repurchase Rights Agreement has been executed
by the parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                                 -------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:

                                            -----------------------------------
                                            Peter Gavatin
Address:

Barrstigen 38, 181 62 Lidingo

<PAGE>   51

         IN WITNESS WHEREOF, this Repurchase Rights Agreement has been executed
by the parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                                 -------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:

                                            -----------------------------------
                                            Roger Wallen
Address:

Frodegatan 13A, 753 25 Uppsala

<PAGE>   52

         IN WITNESS WHEREOF, this Repurchase Rights Agreement has been executed
by the parties hereto as of the date first set forth above.

                                            THE CONCOURS GROUP, INC.:

                                            By:
                                                 -------------------------------
                                                  Dr. Ron Christman, President

                                            SELLING SHAREHOLDER:

                                            -----------------------------------
                                            Rune Brandinger
Address:

Odengatan 45, 113 51 Stockholm

<PAGE>   53

                                    EXHIBIT A

                              SELLING SHAREHOLDERS

<TABLE>
<CAPTION>
                          PRIMARY        ADDITIONAL        ESCROWED       TOTAL
         NAME             SHARES           SHARES           SHARES        SHARES
         ----             -------        ----------        --------       ------
<S>                       <C>            <C>               <C>           <C>
Arvedson Lennart          22220             6760             6907         35887

Axen Jeanette              6968             2120             2166         11254

Bergstrand Jan            13148             4000             4087         21235

Birger Zahn               22220             6760             6907         35887

Bjorklund Fredrik          5259             1600             1635          8494

Brandinger Rune            9861             3000             3065         15926

Collins Michael           32738             6760            10177         52875

Dahlgren Goran            22220             6760             6907         35887

Dahlgren Louise           12490             3800             3883         20173

Daven Bo                  22220             6760             6907         35887

Edlund Anders              6968             2120             2166         11254

Elliot Kristina           16040             4880             4986         25906

Eriksson Anders           22220             6760             6907         35887

Falck Mikael              22220             6760             6907         35887

Follin Asa                22220             6760             6907         35887

Gavatin Peter             22220             6760             6907         35887

Gustavsson Gunilla        12490             3800             3883         20173

Haagg Rolf                22220             6760             6907         35887

Hallgren Jan              22220             6760             6907         35887

Hansson Jorgen            22220             6760             6907         35887

Harrling Lasse            22220             6760             6907         35887

Hedberg Bo                32738             9960            10177         52875

Israelsson Victoria        1315              400              409          2123

Knutsen Gro                6968             2120             2166         11254

Kylen Brian               22220             6760             6907         35887

Lindroth Hans              9203             2800             2861         14866

Ljung Anders              22220             6760             6907         35887

Lofgren Eva                6968             2120             2166         11254

Lundblad Bengt             6968             2120             2166         11254

Lundin Michael            13148             4000             4087         21235

Magnusson Ake             36682            11160            11403         59245

Magnusson Per-Eric        22220             6760             6907         35887

Nilsson Hans              22220             6760             6907         35887

Olve Nils-Goran           22220             6760             6907         35887

Petri Carl-Johan           6968             2120             2166         11254

Ponten Kajsa               6968             2120             2166         11254

Rautiainen Mare            4207             1280             1308          6795
</TABLE>

<PAGE>   54

<TABLE>
<CAPTION>
                          PRIMARY        ADDITIONAL        ESCROWED       TOTAL
         NAME             SHARES           SHARES           SHARES        SHARES
         ----             -------        ----------        --------       ------
<S>                       <C>            <C>               <C>           <C>
Roy Jan                   36682            11160            11403         59245

Roy Lisbeth               12490             3800             3883         20173

Ryden Bengt               11833             3600             3678         19111

Soderstrom John            6574             2000             2043         10617

Sundling Mikael            6968             2120             2166         11254

von Stryk Aulin Ilona     22220             6760             6907         35887

Wallen Roger               6968             2120             2166         11254

Wastlund Holger           22220             6760             6907         35887

Wester Mats                4207             1280             1308          6795
</TABLE>

                                       2

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00003-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00003-of-00352.parquet"}]]