Document:

Agreement between the Company and Hewlett-Packard Ltd

 Exhibits 
  
 Exhibit 4.6 
  
 ASSET PURCHASE AGREEMENT 
  
 by and among 
  
 HEWLETT-PACKARD (CANADA) CO.

  
 BALTIMORE TECHNOLOGIES PLC 
  
 and 
  
 BALTIMORE TECHNOLOGIES INC. 
  
 dated July 4, 2003 
  

 Exhibits 
  
 TABLE OF CONTENTS 
  

							
	 	 	 	  	 	  	Page

	 ARTICLE 1 DEFINITIONS AND CONSTRUCTION
	  	1
				
	 	 	 1.1
	  	Definitions	  	1
	 	 	 1.2
	  	Interpretation and Construction	  	9
		
	 ARTICLE 2 ASSETS AND LIABILITIES
	  	10
				
	 	 	 2.1
	  	Acquired Assets	  	10
	 	 	 2.2
	  	Excluded Assets	  	11
	 	 	 2.3
	  	Assumed Liabilities	  	12
	 	 	 2.4
	  	Excluded Liabilities	  	12
	 	 	 2.5
	  	Transfer Taxes	  	13
		
	 ARTICLE 3 CLOSING AND PURCHASE PRICE
	  	13
				
	 	 	 3.1
	  	Closing	  	13
	 	 	 3.2
	  	Purchase Price	  	13
	 	 	 3.3
	  	Closing Date Deliveries of Seller	  	13
	 	 	 3.4
	  	Closing Date Deliveries of Buyer	  	14
		
	 ARTICLE 4 REPRESENTATIONS AND WARRANTIES OF SELLER
	  	14
				
	 	 	 4.1
	  	Organization	  	14
	 	 	 4.2
	  	Authority	  	15
	 	 	 4.3
	  	No Conflict	  	15
	 	 	 4.4
	  	Consents	  	15
	 	 	 4.5
	  	Business Financial Statements	  	16
	 	 	 4.6
	  	No Changes	  	16
	 	 	 4.7
	  	Tax Matters	  	17
	 	 	 4.8
	  	Restrictions on Business Activities	  	18
	 	 	 4.9
	  	Title to Properties; Absence of Liens and Encumbrances; Condition of Equipment	  	18
	 	 	 4.10
	  	Intellectual Property	  	19
	 	 	 4.11
	  	No Defaults	  	24
	 	 	 4.12
	  	Governmental Authorization	  	24
	 	 	 4.13
	  	Litigation	  	24
	 	 	 4.14
	  	Environmental Matters	  	24
	 	 	 4.15
	  	Employee Matters	  	25
	 	 	 4.16
	  	Compliance with Laws	  	27
	 	 	 4.17
	  	Corruption of Foreign Public Officials Act	  	27
	 	 	 4.18
	  	Warranties; Indemnities	  	27
	 	 	 4.19
	  	Complete Copies of Materials	  	27
	 	 	 4.20
	  	Suppliers and Customers	  	27

  

 Exhibits 
  
 TABLE OF CONTENTS 
 (Continued) 
  

							
	 	 	 	  	 	  	Page

	 	 	 4.21
	  	Sufficiency of Assets	  	27
	 	 	 4.22
	  	Authority to Direct Seller Affiliates	  	27
	 	 	 4.23
	  	GST	  	27
	 	 	 4.24
	  	UAE Agreement	  	27
	 	 	 4.25
	  	Representations Complete	  	27
		
	 ARTICLE 5 REPRESENTATIONS AND WARRANTIES OF BUYER
	  	28
				
	 	 	 5.1
	  	Organization	  	28
	 	 	 5.2
	  	Authorization	  	28
	 	 	 5.3
	  	Noncontravention	  	28
	 	 	 5.4
	  	Consents	  	28
	 	 	 5.5
	  	GST	  	28
	 	 	 5.6
	  	Taxes	  	29
		
	 ARTICLE 6 LICENSES
	  	29
				
	 	 	 6.1
	  	License to Buyer of Licensed Intellectual property	  	29
	 	 	 6.2
	  	License to KeyTools	  	29
	 	 	 6.3
	  	Technical Support	  	30
	 	 	 6.4
	  	Ongoing Delivery of KeyTools	  	30
	 	 	 6.5
	  	WARRANTY DISCLAIMER	  	30
	 	 	 6.6
	  	Limited License Back for Support Purposes	  	30
		
	 ARTICLE 7 COVENANTS AND AGREEMENTS
	  	30
				
	 	 	 7.1
	  	Conduct of Seller Prior to the Closing	  	30
	 	 	 7.2
	  	Notice of Certain Events	  	32
	 	 	 7.3
	  	Circular	  	32
	 	 	 7.4
	  	Meeting of Shareholders; Board Recommendation	  	32
	 	 	 7.5
	  	No Solicitation	  	33
	 	 	 7.6
	  	Access to Information	  	34
	 	 	 7.7
	  	Confidential Information	  	34
	 	 	 7.8
	  	Public Disclosure	  	34
	 	 	 7.9
	  	Consents	  	34
	 	 	 7.10
	  	Reasonable Efforts	  	35
	 	 	 7.11
	  	Employee Matters	  	35
	 	 	 7.12
	  	Covenant Not to Solicit	  	36
	 	 	 7.13
	  	Transition	  	36
	 	 	 7.14
	  	Allocation of the Purchase Price	  	36
	 	 	 7.15
	  	Mail Handling	  	37
	 	 	 7.16
	  	Obligations of Seller Affiliates	  	37
	 	 	 7.17
	  	Additional Documents, Further Assurances and Cooperation; Power of Attorney	  	37

  

 Exhibits 
  
 TABLE OF CONTENTS 
 (Continued) 
  

							
	 	 	 	  	 	  	Page

	 	 	 7.18
	  	Confidential Information known to Continuing Employees	  	37
	 	 	 7.19
	  	Knowledge of Buyer	  	38
	 	 	 7.20
	  	Indivisible Contracts	  	38
	 	 	 7.21
	  	GST	  	38
	 	 	 7.22
	  	Books and Records	  	38
	 	 	 7.23
	  	Additional Payment	  	38
	 	 	 7.24
	  	UAE Agreement	  	38
	 	 	 7.25
	  	Excluded Tangible Assets	  	39
		
	 ARTICLE 8 CONDITIONS TO THE CLOSING
	  	39
				
	 	 	 8.1
	  	Conditions to Each Party’s Obligation	  	39
	 	 	 8.2
	  	Condition to Buyer’s Obligation	  	39
	 	 	 8.3
	  	Condition to Seller’s Obligation	  	42
		
	 ARTICLE 9 SURVIVAL OF REPRESENTATIONS AND WARRANTIES; INDEMNIFICATION
	  	43
				
	 	 	 9.1
	  	Survival	  	43
	 	 	 9.2
	  	Indemnification	  	43
	 	 	 9.3
	  	Limitations on Indemnification	  	44
	 	 	 9.4
	  	Indemnification Procedure	  	44
	 	 	 9.5
	  	Third Party Claims	  	45
		
	 ARTICLE 10 TERMINATION, AMENDMENT AND WAIVER
	  	45
				
	 	 	 10.1
	  	Termination	  	45
	 	 	 10.2
	  	Procedure for and Effect of Termination	  	46
	 	 	 10.3
	  	Payment by Seller	  	47
	 	 	 10.4
	  	Amendment	  	47
	 	 	 10.5
	  	Extension; Waiver	  	47
		
	 ARTICLE 11 MISCELLANEOUS
	  	47
				
	 	 	 11.1
	  	Notices	  	47
	 	 	 11.2
	  	Entire Agreement	  	49
	 	 	 11.3
	  	No Third Party Beneficiaries	  	49
	 	 	 11.4
	  	Headings	  	49
	 	 	 11.5
	  	Severability	  	49
	 	 	 11.6
	  	Governing Law	  	49
	 	 	 11.7
	  	Consent to Jurisdiction	  	50
	 	 	 11.8
	  	Waiver of Jury Trial	  	50
	 	 	 11.9
	  	Assignment	  	50

  

 Exhibits 
  
 TABLE OF CONTENTS 
 (Continued) 
  

							
	 	 	 	  	 	  	Page

	 	 	 11.10
	  	Successors and Assigns	  	50
	 	 	 11.11
	  	Counterparts	  	50
	 	 	 11.12
	  	Fees and Expenses	  	50
	 	 	 11.13
	  	Specific Performance	  	51
	 	 	 11.14
	  	Exhibits and Schedules	  	51
	 	 	 11.15
	  	Other Remedies	  	51

  
 EXHIBITS 
  

			
	 Exhibit A
	  	Disclosure Schedule
	 Exhibit B
	  	Form of General Assignment, Assumption and Bill of Sale
	 Exhibit C
	  	Form of Transition Services Agreement
	 Exhibit D
	  	Form of Non-Competition Agreement
	 Exhibit E
	  	Form of Intellectual Property Transfer Agreement

  
 SCHEDULES 
  

			
	 Schedule 1.1(j)
	  	Business Employees
	 Schedule 1.1(k)
	  	Business Financial Statements
	 Schedule 1.1(t)
	  	Consent Required Contracts
	 Schedule 1.1(tt)
	  	Key Employees
	 Schedule 1.1(uu)
	  	KeyTools
	 Schedule 1.1(rr)
	  	Indivisible Contracts
	 Schedule 1.1(yy)
	  	Licensed Intellectual Property
	 Schedule 1.1(zz)
	  	Licensed Technology
	 Schedule 1.1(fff)
	  	Offered Canadian Employees
	 Schedule 1.1(hhh)
	  	Offered Non-Canadian Employees
	 Schedule 1.1(nnn)
	  	Products
	 Schedule 1.1(xxx)
	  	Seller Affiliate
	 Schedule 1.1(cccc)
	  	Tangible Assets
	 Schedule 1.1(iiii)
	  	Transferred Contracts
	 Schedule 1.1(jjjj)
	  	Transferred Intellectual Property Rights
	 Schedule 1.1(kkkk)
	  	Transferred Technology
	 Schedule 2.2(a)
	  	Assets Being Excluded
	 Schedule 8.2(d)
	  	Certain Third Party Consents
	 Schedule 8.2(e)
	  	Release of Liens
	 Schedule 8.2(q)
	  	NCC Escrow Form

  

 Exhibits 
  
 ASSET PURCHASE AGREEMENT 
  
 THIS ASSET PURCHASE AGREEMENT (this “Agreement”) is made and entered into as of July 4, 2003, 2003 by and among Hewlett-Packard (Canada) Co., a company existing
pursuant to the laws of the province of Nova Scotia (“Buyer”) and Baltimore Technologies plc, a corporation organized under the laws of the United Kingdom (“Parent”) and Baltimore Technologies Inc., a corporation
organized under the laws of the Province of Ontario (“Seller”). Certain capitalized terms used herein shall have the meanings given to them in Article 1. 
  
 RECITALS 
  

	A.	 	Seller is engaged in the Business (as defined in Section 1.1(h)). 

  

	B.	 	Buyer desires to purchase from Seller Group and Seller Group desires to sell to Buyer, assets related to the Business, and Buyer desires to assume certain liabilities of Seller Group related
to the Business, all in consideration of the Purchase Price and on the terms and conditions set forth herein and in the Ancillary Agreements (the “Acquisition”). 

  

	C.	 	As a material inducement to Buyer and Seller to enter into this Agreement, Buyer and Seller shall enter into the Transition Services Agreement, in substantially the form set forth on
Exhibit C and the Non-Competition Agreement, in substantially the form set forth on Exhibit D all of which shall be effective upon the Closing (as defined in Section 3.1). 

  

	D.	 	In connection with the Acquisition, Buyer on the one hand, and Seller on the other hand, desire to make certain representations, warranties, covenants and other agreements.

  
 AGREEMENT 
  
 NOW, THEREFORE, in consideration of the premises and mutual promises herein made, and in consideration
of the representations, warranties, covenants, conditions and other agreements herein contained and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, and intending to be legally bound, the
parties hereto agree as follows: 
  
 ARTICLE 1 
 DEFINITIONS AND CONSTRUCTION 
  

	1.1	 	Definitions. The following capitalized terms shall have the meanings set forth below: 

  

	 	(a)	 	“Acquired Assets” shall have the meaning set forth in Section 2.1. 

  

	 	(b)	 	“Acquisition” shall have the meaning set forth in the recitals. 

  

	 	(c)	 	“Agreement” shall have the meaning set forth in the preamble. 

  

 Exhibits 
  

	 	(d)	 	“Ancillary Agreements” shall mean the General Assignment, Assumption and Bill of Sale, the Company Non-Competition Agreement, and the Transition Services Agreement.

  

	 	(e)	 	“Assumed Liabilities” shall have the meaning set forth in Section 2.3. 

  

	 	(f)	 	“Basket Amount” shall mean GBP 40,000. 

  

	 	(g)	 	“Books and Records” shall mean all papers and records (in paper or electronic format) in Seller’s care, custody, or control relating to the Business, including all
purchasing and sales records, customer and vendor lists, accounting and financial records, product documentation, product specifications, marketing requirement documents and software release orders. 

  

	 	(h)	 	“Business” shall mean the Seller Group’s business of developing, marketing and selling the Products, and services and activities directly related thereto.

  

	 	(i)	 	“Business Contract” shall mean all Contracts related to the Business between Seller or any Seller Affiliate and any other party. 

  

	 	(j)	 	“Business Employees” shall mean those employees of Seller or Seller Affiliates who, as of the Closing Date are, or have historically been, primarily dedicated to the
Business, or other employees of Seller or Sellers Affiliates who will be offered employment by Buyer, including those employees identified on Schedule 1.1(j). 

  

	 	(k)	 	“Business Financial Statements” shall mean the selected financial information included in Schedule 1.1(k). 

  

	 	(l)	 	“Buyer” shall have the meaning set forth in the preamble. 

  

	 	(m)	 	“Circular” shall have the meaning set forth in Section 7.3. 

  

	 	(n)	 	“Closing” shall have the meaning set forth in Section 3.1. 

  

	 	(o)	 	“Closing Date” shall mean the date on which the Closing occurs. 

  

	 	(p)	 	“Code Offer” shall have the meaning set forth in Section 7.5(d). 

  

	 	(q)	 	“Confidentiality Agreement” shall mean that certain Mutual Nondisclosure Agreement dated as of June 2, 2003 between Hewlett-Packard Company and Parent.

  

	 	(r)	 	“Conflict” shall have the meaning set forth in Section 4.3. 

  

	 	(s)	 	“Conflicting Proposal” shall have the meaning set forth in Section 7.5(d). 

  

	 	(t)	 	“Consent Required Contract” shall mean the Contracts related to the Business identified by Buyer as of the Closing Date on Schedule 1.1(t) or other Business Contracts
(other than 

  

 Exhibits 
  

	 	 	 	Indivisible Contracts) which Buyer, in its sole discretion, has determined to include in Schedule 1.1(t) between the date hereof and the Closing Date, but which are not transferable or
assignable without the consent of the other party or parties to such agreements, contracts or instruments, which consent has not been obtained as of the date of this Agreement or the Closing, as applicable. 

  

	 	(u)	 	“Constating Documents” shall have the meaning set forth in Section 4.1. 

  

	 	(v)	 	“Continuing Employees” shall mean the Business Employees who become employees of Buyer by the execution of and pursuant to the terms of an Offer Letter.

  

	 	(w)	 	“Contract” shall mean any agreement, contract, indenture, instrument, guarantee or other similar agreement. 

  

	 	(x)	 	“Contractors” shall have the meaning set forth in Section 4.15(h). 

  

	 	(y)	 	“Copyrights” shall mean all copyrights, copyrights registrations and applications therefor and all other rights corresponding thereto throughout the world.

  

	 	(z)	 	“Customer Licenses” shall have the meaning set forth in Section 4.10(i). 

  

	 	(aa)	 	“Disclosure Schedule” shall mean the schedule of exceptions to the representations and warranties and the listing of information required under or made by Seller in
Article 4, which schedule is delivered by Seller to Buyer on the date of this Agreement as an inducement to Buyer to enter into this Agreement, and which is attached hereto as Exhibit A. 

  

	 	(bb)	 	“Employee Plan” shall mean any plan, program, policy, practice, contract, agreement or other material arrangement providing for compensation, severance, termination pay,
deferred compensation, performance awards, stock or stock-related awards, fringe benefits, medical benefit, pension or supplemental pension plan, retirement compensation arrangement, group registered retirement savings plan, or other employee
benefits or remuneration of any kind, whether written, unwritten or otherwise, funded or unfunded, including each employee benefit plan contributed to, or required to be contributed to, by Seller or any Seller Affiliate for the benefit of any
Business Employee, or with respect to which Seller or any Seller Affiliate has or may have any Liability to any Business Employee, but excluding the Canada Pension Plan. 

  

	 	(cc)	 	“Excluded Assets” shall have the meaning set forth in Section 2.2. 

  

	 	(dd)	 	“File History” shall have the meaning set forth in Section 4.10(c). 

  

	 	(ee)	 	“General Assignment, Assumption and Bill of Sale” shall mean that certain general assignment, assumption and bill of sale executed by Seller (and, to the extent necessary,
the Seller Affiliates) and delivered to Buyer at the Closing, the form of which is attached hereto as Exhibit B. 

  

 Exhibits 
  

	 	(ff)	 	“Geographic Limitation” shall have the meaning set forth in Section (ttt). 

  

	 	(gg)	 	“Governmental Authorization” shall mean each consent, license, permit, grant or other authorization issued to Seller or a Seller Affiliate by a Governmental Entity pursuant
to which Seller or a Seller Affiliate currently operates or holds any interest in the Acquired Assets. 

  

	 	(hh)	 	“Governmental Entity” shall mean any court, administrative agency or commission or other federal, state, provincial, municipal, county, local or other foreign governmental
authority, instrumentality, agency or commission. 

  

	 	(ii)	 	“GST” means all taxes payable under the GST Legislation or under any provincial legislation similar to the GST Legislation, and any reference to a specific provision thereof
shall refer to any successor provision thereto of like or similar effect. 

  

	 	(jj)	 	“GST Legislation” means Part IX of the Excise Tax Act (Canada), as amended from time to time. 

  

	 	(kk)	 	“Hazardous Material” shall mean any amount of any substance that has been designated by any Governmental Entity or by applicable law to be radioactive, toxic, hazardous or
otherwise a danger to health or the environment, including PCBs, asbestos, petroleum, and urea-formaldehyde, other than office and janitorial supplies properly and safely maintained. 

  

	 	(ll)	 	“Hazardous Materials Activities” shall have the meaning set forth in Section 4.14(b). 

  

	 	(mm)	 	“Identified Customers” shall have the meaning set forth in Section 6.6. 

  

	 	(nn)	 	“Incorporated Open Source Materials” shall have the meaning set forth in Section 4.10(x). 

  

	 	(oo)	 	“Indebtedness” shall mean (i) any indebtedness, whether or not contingent, in respect of borrowed money or evidenced by bonds, notes, debentures or other similar instruments
or letters of credit (or reimbursement agreements in respect thereof) or banker’s acceptances, (ii) capital lease obligations, (iii) any balance deferred and unpaid for the purchase price of any property, (iv) all indebtedness of others secured
by a lien on any asset, (v) outstanding checks that will be funded by borrowed money, whether current or long-term, secured or unsecured, and (vi) to the extent not otherwise included in the immediately preceding clauses, any guaranty of any
indebtedness of any other Person. 

  

	 	(pp)	 	“Indemnification Period” shall have the meaning set forth in Section 9.1. 

  

	 	(qq)	 	“Indemnified Parties” shall mean Buyer and its officers, directors, affiliates and agents. 

  

 Exhibits 
  

	 	(rr)	 	“Indivisible Contract” shall mean a Contract between Seller or a Seller Affiliate and a third party which is related to the Business as well as other operations and/or
products of Seller, which is identified by Buyer as of the Closing Date, and which is set forth on Schedule 1.1(rr), or other Business Contracts which Buyer, in its sole discretion, has determined to include in Schedule 1.1(rr) between
the date hereof and the Closing Date. 

  

	 	(ss)	 	“Intellectual Property Rights” shall mean any or all of the following and all statutory and/or common law rights in the U.S., Canada, and throughout the world in, arising out
of, or associated therewith: (i) all Patents; (ii) all inventions (whether patentable or not), invention disclosures and improvements, all trade secrets, proprietary information, know how and technology; (iii) all works of authorship, Copyrights,
mask works, copyright and mask work registrations and applications; (iv) all industrial designs and any registrations and applications therefor; (v) all Trademarks; (vi) all databases and data collections (including knowledge databases, customer
lists and customer databases); (vii) all rights in Software; (viii) rights to Uniform Resource Locators, Web site addresses and domain names; and (ix) any similar, corresponding or equivalent rights to any of the foregoing. 

 

	 	(tt)	 	“Key Employees” shall mean those employees identified on Schedule 1.1(tt). 

  

	 	(uu)	 	“KeyTools” shall mean those software tools and utilities that are necessary or useful to creation, testing, maintenance or use of the Product, which are set forth on
Schedule 1.1(uu). 

  

	 	(vv)	 	“KeyTools Libraries” shall have the meaning set forth in Section 6.2. 

  

	 	(ww)	 	“Latent Liability” shall mean any Liability arising out of violations of law or breach of Contract or breach of duty existing (and to the extent continuing after), or other
facts or circumstances, actions taken or products delivered or services rendered, prior to the Closing. 

  

	 	(xx)	 	“Liability” shall mean any and all debts, liabilities and obligations, whether accrued, unaccrued, fixed, absolute, contingent, matured, unmatured, determined, determinable,
including those arising under any law, claim, action, suit, arbitration, inquiry, proceeding or investigation by any Governmental Entity and those arising under any Contract or undertaking. 

  

	 	(yy)	 	“Licensed Intellectual Property” shall mean all Intellectual Property Rights (excluding the Transferred Intellectual Property Rights) that, as of and immediately following
the Closing Date, are, or at any time prior thereto, were (i) related to, used in, or necessary to the operation of the Business, including the development, use, distribution and other exploitation of the Products or any products under development
by Seller related to the Business; and/or (ii) embodied by any of the Transferred Technology or the Licensed Technology; and/or (iii) which are identified on Schedule 1.1(yy). 

  

	 	(zz)	 	“Licensed Technology” shall mean all Technology (excluding the Transferred Technology) that as of and immediately following the Closing Date (i) is, or at any time prior
thereto 

  

 Exhibits 
  

	 	 	 	was, related to, used in, or necessary to the operation of the Business, including the development, use, distribution or other exploitation of the Products, or (ii) is identified on
Schedule (zz). 

  

	 	(aaa)	 	“Liens” shall mean any mortgage, lien, pledge, charge, security interest or encumbrance of any kind whatsoever in respect of any asset, other than liens for Taxes not yet due
and payable. 

  

	 	(bbb)	 	“Loss” shall mean any claim, loss, Liability, damage, deficiency, cost or expense, including reasonable attorneys’ fees and expense of investigation and defense.

  

	 	(ccc)	 	“Material Adverse Effect” shall mean any change, event or effect that is materially adverse to the Acquired Assets, the Business, or results of operations of Parent related
to the Business. 

  

	 	(ddd)	 	“Non-Competition Agreement” shall mean that certain agreement to be entered into between Buyer and Seller and effective as of the Closing, in the form attached hereto as
Exhibit D. 

  

	 	(eee)	 	“Offer Letter” shall mean an offer letter given to each Offered Employee in accordance with Section 7.11. 

  

	 	(fff)	 	“Offered Canadian Employees” shall mean those employees identified on Schedule 1.1(fff). 

  

	 	(ggg)	 	“Offered Employees” shall mean the Key Employees, the Offered Canadian Employees and the Offered Non-Canadian Employees. 

  

	 	(hhh)	 	“Offered Non-Canadian Employees” shall mean those employees identified on Schedule 1.1(hhh). 

  

	 	(iii)	 	“Officer’s Certificate” shall mean a certificate signed by any Indemnified Party (or in the case of an Indemnified Party that is not a natural Person, an officer
thereof): (i) stating that such Indemnified Party has sustained, incurred, or accrued, or has received written notice of a third party claim or potential claim that it reasonably believes would, if resolved adversely to such Indemnified Party, cause
such Indemnified Party to sustain, incur, or accrue Losses, and (ii) specifying in reasonable detail the individual items of Losses included in the amount so stated and the basis for such Losses or anticipated Losses, and the nature of the
misrepresentation or breach of warranty to which such item is related. 

  

	 	(jjj)	 	“Parent” shall have the meaning set forth in the preamble. 

  

	 	(kkk)	 	“Parent’s Representatives” shall have the meaning set forth in Section 7.5(a). 

  

 Exhibits 
  

	 	(lll)	 	“Patents” shall mean patents and applications therefor and all reissues, divisions, renewals, extensions, provisionals, continuations and continuations-in-part thereof, in
Canada, the United States, or any other jurisdiction. 

  

	 	(mmm)	 	“Person” shall mean an individual, a partnership, a limited liability company, a corporation, an association, a joint stock corporation, a trust, a joint venture, an
unincorporated organization, or a Governmental Entity. 

  

	 	(nnn)	 	“Products” shall mean the software products of Seller specified in Schedule 1.1(nnn), including all versions and releases (including updates and bug fixes) of such
software products, and any and all derivatives or predecessors of all such products, regardless of whether listed on Schedule 1.1(nnn), all in both source and object code form. 

  

	 	(ooo)	 	“PTO” shall mean the United States Patent and Trademark Office, or any successor thereto. 

  

	 	(ppp)	 	“Purchase Price” shall mean the consideration to be delivered by Buyer to Seller in connection with the Acquisition, which shall consist of cash in the amount of GBP
8,300,000. 

  

	 	(qqq)	 	“Registered Intellectual Property Rights” shall mean all United States, Canadian, international and foreign: (i) Patents; (ii) registered Trademarks; (iii) registered
Copyrights and applications for copyright registration; (iv) domain name registrations; and (v) any other Intellectual Property Rights that are the subject of an application, certificate, filing, registration or other document issued, filed with or
recorded by any Governmental Entity. 

  

	 	(rrr)	 	“Registered Transferred Intellectual Property” shall have the meaning set forth in Section 4.10(b). 

  

	 	(sss)	 	“Resolution” shall have the meaning set forth in Section 7.4(a). 

  

	 	(ttt)	 	“Restriction” shall mean any Contract (whether or not listed or described in the Disclosure Schedule) to which Parent, Seller or any Seller Affiliate is a party, which has or
may reasonably be expected to have the effect of materially prohibiting or impairing the operation of the Business or use of the Acquired Assets in any specific geographic location ( a “Geographic Limitation” ), except for the UAE
Agreement. 

  

	 	(uuu)	 	“Restriction Release” shall mean, with respect to any Geographic Limitation, a fully-executed and enforceable amendment to the associated Restriction, which has the effect of
releasing the Parent, Seller and/or Seller Affiliate from any and all Geographic Limitations formerly imposed under the Restriction such that, as of the Closing of the Acquisition, Buyer shall not be subject to any Geographic Limitation with respect
to its ability to operate the Business or utilize the Acquired Assets. 

  

 Exhibits 
  

	 	(vvv)	 	“Returns” shall have the meaning set forth in Section 4.7(a)(i). 

  

	 	(www)	 	“Seller” shall have the meaning set forth in the preamble. 

  

	 	(xxx)	 	“Seller Affiliate” shall mean each affiliate of Seller listed on Schedule 1.1(xxx), each of which owns assets related to the Business, has the authority to enter into
contractual arrangements with respect to the Acquired Assets, and/or employs Business Employees. 

  

	 	(yyy)	 	“Seller Group” shall mean Seller, together with all Seller Affiliates, and references to any member of the Seller Group shall include any of Seller or any Seller Affiliate.

  

	 	(zzz)	 	“Shareholders’ Meeting” shall have the meaning set forth in Section 7.4(a). 

  

	 	(aaaa)	 	“Software” shall mean any and all computer software and code, including assemblers, applets, compilers, source code, object code, data (including image and sound data),
design tools and user interfaces, in any form or format, however fixed including source code listings and documentation. 

  

	 	(bbbb)	 	“Superior Proposal” shall have the meaning set forth in Section 7.5(d). 

  

	 	(cccc)	 	“Tangible Assets” shall mean the tangible assets related to the Business identified on Schedule 1.1(cccc). 

  

	 	(dddd)	 	“Tax” and “Taxes” shall mean any and all federal, state, provincial, municipal, local and foreign taxes, assessments and other governmental charges, duties,
impositions and liabilities, including taxes based upon or measured by gross receipts, income, profits, sales, use and occupation, and value added, ad valorem, transfer, franchise, withholding, payroll, recapture, employment, excise and property
taxes as well as public imposts, fees and social security charges (including health, unemployment and pension insurance), together with all interest, penalties and additions imposed with respect to such amounts and any obligation under any agreement
or arrangement with any other Person with respect to such amounts and including any liability for taxes of a predecessor entity. 

  

	 	(eeee)	 	“Tax Act” shall mean the Income Tax Act (Canada), as amended from time to time. 

  

	 	(ffff)	 	“Technology” shall mean all technology, all information related to, constituting or disclosing any technology, and all tangible copies and embodiments in any media of
technology, including all know-how, show-how, techniques, trade secrets, inventions (whether or not patented or patentable), algorithms, routines, Software, files, databases, works of authorship or processes. 

  

	 	(gggg)	 	“Termination Fee” shall have the meaning set forth in Section 10.3. 

  

 Exhibits 
  

	 	(hhhh)	 	“Trademarks” shall mean any common law or registered tradename, trademark or service mark; any intent-to-use applications for a trademark or service mark; or any other
registration or application related to trademarks or services marks. 

  

	 	(iiii)	 	“Transferred Contracts” shall mean the agreements, contracts or instruments identified by Buyer as of the Closing Date on Schedule 1.1 (iiii) or other Business
Contracts (other than Indivisible Contracts) which Buyer, in its sole discretion, has determined to include in Schedule 1.1(iiii) between the date hereof and the Closing Date, which do not require consent to assignment from a third party or
for which consent to assignment from a third party has been obtained prior to the Closing. 

  

	 	(jjjj)	 	“Transferred Intellectual Property Rights” shall mean all Intellectual Property Rights owned or transferable by Seller: (i) embodied by, or which would be infringed by the
making, using, offering for sale, selling, importing, copying, modifying, distributing or other exploitation of, the Products, the Transferred Technology or operation of the Business, including all Copyrights embodied by the Products; or (ii)
primarily related to, or necessary for, the operation of the Business, and including those listed or described in Schedule 1.1(jjjj). 

  

	 	(kkkk)	 	“Transferred Technology” shall mean all Technology (including the Product) owned or transferable by Seller related to the Business or the Acquired Assets, including all
Technology listed or described in Schedule 1.1(kkkk). To the extent that any Software constitutes Transferred Technology, all versions and releases of such Software, and Software from which such Software was derived, in both source and object
code form, shall be included as Transferred Technology. 

  

	 	(llll)	 	“Transfer Taxes” shall mean all sales, use, value-added, gross receipts, excise, registration, stamp, duty, transfer and other similar taxes and governmental fees payable to
Canadian taxing authorities. 

  

	 	(mmmm)	 	“Transition Services Agreement” shall mean that certain agreement to be executed and delivered by the parties and effective upon the Closing attached hereto as Exhibit
C. 

  

	 	(nnnn)	 	“UAE Agreement” shall mean the Master Distributor Agreement dated December 21, 2000 between Baltimore Technologies Limited and MDSS. 

  

	 	(oooo)	 	“UKLA” shall have the meaning set forth in Section 7.3. 

  

	1.2	 	Interpretation and Construction. 

  

	 	(a)	 	All references in this Agreement to “Articles,” “Sections,” “Schedules” and “Exhibits” refer to the articles, sections,
schedules and exhibits of this Agreement, unless otherwise indicated. 

  

 Exhibits 
  

	 	(b)	 	As used in this Agreement, neutral pronouns and any variations thereof shall be deemed to include the feminine and masculine and all terms used in the singular shall be deemed to include the
plural, and vice versa, as the context may require. 

  

	 	(c)	 	The words “hereof,” “herein” and “hereunder” and other words of similar import refer to this Agreement as a whole, as the same may from time
to time be amended or supplemented, and not to any subdivision contained in this Agreement. 

  

	 	(d)	 	The word “including” when used herein is not intended to be exclusive and means “including, without limitation.” 

  

	 	(e)	 	The word “knowledge” when used herein shall mean the actual knowledge of Simon Enoch, Gene Amdur, Andrew Flint and Irving Reed, after making reasonable investigation.

  

	 	(f)	 	The parties agree that they have been represented by counsel during the negotiation and execution of this Agreement and, therefore, waive the application of any law, regulation, holding or
rule of construction providing that ambiguities in an agreement or other document will be construed against the party drafting such agreement or document. 

  
 ARTICLE 2 
 ASSETS AND
LIABILITIES 
  

	2.1	 	Acquired Assets. Subject to the terms and conditions set forth in this Agreement, Seller hereby agrees at the Closing to sell, convey, transfer and assign, or cause the Seller Group to
sell, convey, transfer and assign to Buyer, and Buyer hereby agrees to purchase from the Seller Group all of Seller Group’s rights, title and interest in and to the assets related to the Business, free and clear of any and all Liens
(collectively, the “Acquired Assets”), including the following assets: 

  

	 	(a)	 	The Tangible Assets; 

  

	 	(b)	 	The Transferred Intellectual Property Rights; 

  

	 	(c)	 	The Transferred Technology; 

  

	 	(d)	 	The Transferred Contracts; 

  

	 	(e)	 	The Books and Records; 

  

	 	(f)	 	All licenses, permits and other authorizations related to the Business or the Acquired Assets, and all pending applications thereof or renewals thereof; 

  

	 	(g)	 	All brochures, user manuals, graphics and art work (in each case, in paper and electronic format) and UPC codes relating to the Products; 

  

 Exhibits 
  

	 	(h)	 	All rights to recover past, present and future damages for the breach, infringement or misappropriation, as the case may be, of any of the foregoing; and 

  

	 	(i)	 	All of the goodwill associated with the Business. 

  

	2.2	 	Excluded Assets. Notwithstanding anything in Section 2.1 to the contrary, the following assets of the Seller Group related to the Business shall not be deemed to be an Acquired
Asset and shall be excluded from the assets delivered by Seller or Seller Affiliates to Buyer at the Closing: 

  

	 	(a)	 	Those assets identified on Schedule 2.2(a), which Schedule may be updated between the date hereof and the Closing Date by Buyer, in its sole discretion; 

  

	 	(b)	 	All cash and cash equivalents; 

  

	 	(c)	 	Any claim, cause of action, right of recovery of any kind, to the extent primarily related to any Excluded Liability; 

  

	 	(d)	 	All interest in that certain lease agreement between the Standard Life Assurance Company and Seller dated as of December 13, 2000 and all subleases thereunder; 

  

	 	(e)	 	All Licensed Intellectual Property; 

  

	 	(f)	 	All Licensed Technology, including the KeyTools; 

  

	 	(g)	 	Amounts owed by any member of the Seller Group, or any shareholder, director, officer, employee of affiliate thereof, to any other member of the Seller Group; 

  

	 	(h)	 	Any refundable Taxes previously paid by any member of the Seller Group (including any Taxes paid under the GST Legislation) and any claim or right of any member of the Seller Group to any
refund of Taxes; 

  

	 	(i)	 	Any refundable lease improvements previously paid by any member of the Seller Group and any claim or right of any member of the Seller Group to any refund of lease improvement payments;

  

	 	(j)	 	All contracts of insurance, insurance policies (including D&O policies), insurance plans, insurance refunds, the interest of the Seller Group in any insurance policies, including, without
limitation, any cash surrender value thereof, all assets of the foregoing and all rights and claims under or in respect of the foregoing; 

  

	 	(k)	 	Original Tax records and books and records pertaining thereto, minute books, corporate seals, taxpayer and other identification numbers and other documents relating to the organization,
maintenance and existence of any member of the Seller Group as a Person; 

  

 Exhibits 
  

	 	(l)	 	All shares of capital stock of each member of the Seller Group and all of their affiliates; 

  

	 	(m)	 	The Indivisible Contracts; 

  

	 	(n)	 	All export control licenses held by Seller or a Seller Affiliate; 

  

	 	(o)	 	The products and Intellectual Property Rights in those items listed on Section 4.10(w) of the Disclosure Schedules; 

  

	 	(p)	 	All accounts receivable associated with the Business; 

  

	 	(q)	 	All trade payables associated with the Business; 

  

	 	(r)	 	The Seller’s rights under this Agreement, the Ancillary Agreements or the transactions contemplated hereby or thereby; and 

  

	 	(s)	 	Any Acquired Assets sold or otherwise disposed of pursuant to and in compliance with Section 7.1 prior to Closing. 

  

	2.3	 	Assumed Liabilities. As of the Closing, Buyer hereby agrees to assume, pay or discharge when due only the following obligations or liabilities of the Seller Group (collectively, the
“Assumed Liabilities”): 

  

	 	(a)	 	Those executory obligations of the Seller Group under the Transferred Contracts; and 

  

	 	(b)	 	All Liabilities of the Seller Group for Transfer Taxes payable in connection with the transfer of the Acquired Assets as contemplated by this Agreement. 

  

	2.4	 	Excluded Liabilities. Other than the Assumed Liabilities, Buyer shall not assume by virtue of this Agreement, and shall have no liability or obligation for, any Liability of Seller or
any Seller Affiliate, including: 

  

	 	(a)	 	Any Indebtedness; 

  

	 	(b)	 	Any Latent Liability; 

  

	 	(c)	 	Any Liability which is past-due as of the Closing; 

  

	 	(d)	 	Any Liability relating to, arising out of or resulting from any Employee Plan; 

  

	 	(e)	 	Any Liability arising from or related to the Excluded Assets; and 

  

	 	(f)	 	Any Liability of Seller or Seller Affiliates in respect of Taxes. 

  

 Exhibits 
  

	2.5	 	Transfer Taxes. Buyer shall be liable for and shall pay directly to the appropriate Canadian taxing authority, within the required time period, all Transfer Taxes payable in connection
with the transfer of the Acquired Assets. 

  
 ARTICLE 3

 CLOSING AND PURCHASE PRICE 
  

	3.1	 	Closing. The closing of the transactions contemplated by this Agreement (the “Closing”) shall take place at the offices of Goodmans LLP, 250 Yonge Street, Suite 2400,
Toronto, Ontario, M5B 2M6, commencing at 12:00 p.m., Eastern Time, on the date that is two (2) business days following the satisfaction or written waiver of the conditions of Closing set forth in Article 8 hereof (other than those conditions
which by their terms are not to be satisfied until the Closing, but subject to the waiver or fulfillment of those conditions), or such other date or location as the parties may mutually determine. 

  

	3.2	 	Purchase Price. At the Closing, Buyer will, by transfer of immediately available funds to a bank account designated in writing by Seller, deliver the Purchase Price to Seller (less
applicable withholding Taxes, if applicable). 

  

	3.3	 	Closing Date Deliveries of Seller. At the Closing, Seller or Seller Affiliate, as applicable, shall deliver, or cause to be delivered, to Buyer: 

  

	 	(a)	 	The Acquired Assets, including (i) with respect to the Transferred Contracts, a complete, accurate and legible copy of each such Contract (including all amendments and supplements thereto);
(ii) with respect to the Transferred Contracts that were Consent Required Contracts as of the date of this Agreement, a written consent by the third parties thereto to the transfer and assignment of such Consent Required Contract to Buyer; and (iii)
with respect to all Software included in the Acquired Assets, such delivery to be made by electronic means; 

  

	 	(b)	 	The duly executed General Assignment, Assumption and Bill of Sale, which shall be in full force and effect; 

  

	 	(c)	 	The duly executed assignments of the Transferred Intellectual Property Rights in the form of Exhibit E, which shall be in full force and effect; 

  

	 	(d)	 	The duly executed certificates of Seller required by Section 8.2(k); 

  

	 	(e)	 	The opinion of legal counsel of Seller required by Section 8.2(i); 

  

	 	(f)	 	The duly executed Ancillary Agreements to which Seller or any Seller Affiliate is a party, which Ancillary Agreements shall be in full force and effect; 

  

	 	(g)	 	The duly executed tax election described in Section 7.21; 

  

 Exhibits 
  

	 	(h)	 	Copies of each item of Licensed Technology that is to be licensed to Buyer pursuant to Article 6. With respect to all Software included in such Licensed Technology that is to be licensed to
Buyer pursuant to Article 6: (i) Seller shall deliver the copy of the source code and the object code form of such Software, and (ii) such delivery must be made by electronic means; and 

  

	 	(i)	 	Such other duly executed, good and sufficient instruments of sale, conveyance, assignment or transfer, in form and substance reasonably acceptable to Buyer’s counsel, so as to vest in
Buyer good and valid title in and to the Acquired Assets. 

  

	3.4	 	Closing Date Deliveries of Buyer. At the Closing, Buyer shall deliver, or cause to be delivered, to Seller the following: 

  

	 	(a)	 	The Purchase Price; 

  

	 	(b)	 	The duly executed officer’s certificate of Buyer required by Section 8.3(d) 

  

	 	(c)	 	The duly executed General Assignment, Assumption and Bill of Sale, which shall be in full force and effect; 

  

	 	(d)	 	The duly executed tax election described in Section 7.21. 

  

	 	(e)	 	The duly executed Ancillary Agreements to which Buyer is a party that were not delivered on the date of this Agreement, which Ancillary shall be in full force and effect.

  
 ARTICLE 4 
 REPRESENTATIONS AND WARRANTIES OF SELLER 
  
 Except as set forth or identified in the Disclosure Schedule, Seller and Parent hereby represent and warrant to Buyer as follows: 
  

	4.1	 	Organization. Seller and each of the Seller Affiliates is a corporation duly organized and validly existing under the laws of the jurisdiction of its incorporation. Each member of the
Seller Group has the corporate power to own the Acquired Assets and to carry on the Business as currently conducted. Each member of the Seller Group is duly qualified or licensed to do business and is in good standing as a foreign corporation or
extra-provincial corporation (if applicable) in each jurisdiction in which it conducts the Business, except where the absence of such qualification, license or good standing, as applicable, would not have a Material Adverse Effect. Seller has
delivered a true and correct copy of its articles of incorporation and bylaws or similar organizational documents (the “Constating Documents”), each as amended to date and in full force and effect on the date hereof, to Buyer. The
operations now being conducted by each member of the Seller Group related to the Business have not now and have never been conducted under any other name, other than “Nevex Software Technologies, Inc.” and “Baltimore Technologies
Inc.” 

  

 Exhibits 
  

	4.2	 	Authority. 

  

	 	(a)	 	Seller and Parent each have all requisite power and authority to enter into this Agreement and to consummate the transactions contemplated hereby. The execution and delivery of this Agreement
and each of the Ancillary Agreements to which Seller or any Seller Affiliate is a party and the consummation of the transactions contemplated hereby have been duly authorized by all necessary corporate action on the part of Seller or any Seller
Affiliate, as the case may be, and subject to obtaining the approval of Seller’s shareholders, no further action is required on the part of any member of the Seller Group to authorize this Agreement and the transactions contemplated hereby.
This Agreement has been duly executed and delivered by Seller and Parent and, assuming the due authorization, execution and delivery by the other parties hereto, constitutes the valid and binding obligation of Seller and Parent, enforceable against
Seller and Parent in accordance with its terms, except as such enforceability may be subject to the laws of general application relating to bankruptcy, insolvency and the relief of debtors and rules of law governing specific performance, injunctive
relief or other equitable remedies. 

  

	 	(b)	 	The board of directors of Parent has unanimously (i) approved this Agreement, the Acquisition and the other transactions contemplated by this Agreement; (ii) declared that this Agreement, the
Acquisition and the other transactions contemplated by this Agreement are advisable and in the best interests of Parent and its shareholders; and (iii) recommended approval of this Agreement, the Acquisition and the other transactions contemplated
by this Agreement to the shareholders of Parent. 

  

	4.3	 	No Conflict. The execution and delivery by Seller and Parent of this Agreement, and the consummation of the transactions contemplated hereby, will not conflict with or result in any
violation of or default under (with or without notice or lapse of time, or both) or give rise to a right of termination, cancellation, modification or acceleration of any obligation, payment of any benefit, or loss of any benefit under (any such
event, a “Conflict”) (i) any provision of Seller’s or Parent’s Constating Documents or any of the Constating Documents of any Seller Affiliate, (ii) any Transferred Contract, (iii) any of the Contracts listed in Section
4.10 of the Disclosure Schedule, or any other inbound license of Technology or Intellectual Property incorporated in the Product or otherwise material to the Business but not required to be so scheduled; or (iv) any judgment, order, decree,
statute, law, ordinance, rule or regulation applicable to the Business or the Acquired Assets. As a result of the consummation of the transactions contemplated by this Agreement, Buyer will not be prohibited from exercising any of its rights under
the Transferred Contracts, and Buyer will not be required to pay any material additional amounts or consideration other than ongoing fees, royalties or payments which Seller or any Seller Affiliate would otherwise be required to pay pursuant to the
terms of such Transferred Contracts had the transactions contemplated by this Agreement not occurred. 

  

	4.4	 	Consents. No consent, waiver, approval, order or authorization of, or registration, declaration or filing with, any Governmental Entity or any third party to a Transferred Contract or
Consent Required Contract, is required by, or with respect to, Seller or any Seller Affiliate in 

  

 Exhibits 
  

	 	 	connection with the execution and delivery of this Agreement or the Ancillary Agreements to which Seller or any Seller Affiliate is a party or the consummation of the transactions
contemplated hereby or thereby. 

  

	4.5	 	Business Financial Statements. The Business Financial Statements are correct in all material respects as of the dates and during the periods indicated therein.

  

	4.6	 	No Changes. Since December 31, 2002, there has or have not been, occurred or arisen any: 

  

	 	(a)	 	Transaction by Seller or any Seller Affiliate related to the Business or the Acquired Assets except in the ordinary course of business as conducted prior to that date and consistent with past
practices; 

  

	 	(b)	 	Destruction of, damage to, or loss of any material asset, business or customer of Seller or any Seller Affiliate related to the Business (whether or not covered by insurance);

  

	 	(c)	 	Other than in the ordinary course of business, consistent with past practice, increase in the salary or other compensation payable or to become payable by Seller or any Seller Affiliate to
any Business Employee, or the declaration, payment or commitment or obligation of any kind for the payment (whether in cash, stock or otherwise) by Seller or any Seller Affiliate of a severance payment, termination payment, bonus or other additional
salary or compensation to any Business Employee; 

  

	 	(d)	 	Other than in the ordinary course of business consistent with past practices, sale, lease, license or other disposition of any of the assets (whether tangible or intangible) or properties of
Seller or any Seller Affiliate related to the Business, including the sale of any accounts receivable of Seller or any Seller Affiliate related to the Business, or any creation of any security interest in the Acquired Assets;

  

	 	(e)	 	The commencement, settlement or notice, or to Seller’s or any Seller Affiliate’s knowledge threat, of any lawsuit, proceeding or other investigation against Seller or any Seller
Affiliate related to the Business or the Acquired Assets; 

  

	 	(f)	 	(i) entering into any agreement with respect to any Intellectual Property Rights of Seller or any of its Seller Affiliates related to the Business or the Acquired Assets with any Person,
other than non-exclusive licenses granted to end-user customers in the ordinary course of business consistent with past practices, (ii) purchase or license of any Intellectual Property Rights or entering into any agreement with respect to the
Intellectual Property Rights of any Person related to the Business or the Acquired Assets, (iii) entering into any agreement with respect to the development of any Intellectual Property Rights with a third party related to the Business or the
Acquired Assets, or (iv) other than in the ordinary course of business consistent with past practice, and as reflected in copies of the Transferred Contracts delivered to Buyer, change in pricing or royalties set or charged by Seller or any Seller
Affiliate to its customers or licensees or in pricing or royalties set or charged by Persons who have licensed Intellectual Property Rights to Seller or any Seller Affiliate related to the Business or the Acquired Assets; 

 

 Exhibits 
  

	 	(g)	 	Agreement or material modification to any agreement pursuant to which any other Person was granted marketing, distribution, development or similar rights of any type or scope with respect to
any products or technology of Seller or any Seller Affiliate related to the Business or the Acquired Assets; 

  

	 	(h)	 	Written claims or matters raised by any individuals or any workers’ representative organization, bargaining unit or union regarding labor trouble or claim of wrongful discharge or other
unlawful employment or labor practice or action with respect to the Business or the Acquired Assets; 

  

	 	(i)	 	Waiver or release of any material right or claim of Seller or any Seller Affiliate related to the Business or the Acquired Assets; 

  

	 	(j)	 	Any event or condition of any character that has had or is reasonably likely to have a Material Adverse Effect; or 

  

	 	(k)	 	Agreement by Seller or any Seller Affiliate to do any of the things described in the preceding clauses (a) through (j) of this Section 4.6 (other than negotiations with
Buyer and its representatives regarding the transactions contemplated by this Agreement and the Ancillary Agreements). 

  

	4.7	 	Tax Matters. 

  

	 	(a)	 	Tax Returns and Audits. 

  

	 	(i)	 	To the extent the failure to do so would materially and adversely impact the Acquired Assets, Buyer’s use of the Acquired Assets or the operation of the Business, as of the Closing Date,
Seller and each Seller Affiliate will have prepared and timely filed all required federal, state, provincial, local and foreign returns, estimates, information statements and reports (“Returns”) relating to any and all Taxes
concerning or attributable to Seller, Seller Affiliates or their operations and such Returns are or will be true and correct in all material respects and have been or will be completed in accordance with applicable law. 

  

	 	(ii)	 	To the extent the failure to do so would materially and adversely impact the Acquired Assets, Buyer’s use of the Acquired Assets or the operation of the Business, as of the Closing Date,
Seller and each Seller Affiliate will have paid all Taxes it is required to pay and will have withheld with respect to Business Employees and other Persons (and timely paid over to the appropriate Taxing authority) all Taxes and other Taxes required
to be withheld. 

  

	 	(iii)	 	To the extent the failure to do so would materially and adversely impact the Acquired Assets, Buyer’s use of the Acquired Assets or the operation of the Business,

  

 Exhibits 
  

	 	 	 	neither Seller nor any Seller Affiliate has been delinquent in the payment of any Tax, nor is there any Tax deficiency outstanding, assessed or proposed against Seller or any Seller
Affiliate, nor has Seller or any Seller Affiliate executed any waiver of any statute of limitations on or extending the period for the assessment or collection of any Tax. 

  

	 	(iv)	 	No audit or other examination of any Return of Seller or Parent that is or would be relevant to the Business or the Acquired Assets is presently in progress, nor has Seller or Parent been
notified of any request for such an audit or other examination. 

  

	 	(v)	 	There are (and immediately following the Closing there will be) no Liens on the Acquired Assets relating to or attributable to Taxes other than customary Liens for Taxes not yet due and
payable. 

  

	 	(vi)	 	Seller has no knowledge of any basis for the assertion of any claim relating or attributable to Taxes which, if adversely determined, would result in any Lien on the Acquired Assets.

  

	 	(vii)	 	To the extent relevant to the Business or the Acquired Assets, no adjustment relating to any Return filed by Seller or any Seller Affiliate has been proposed in writing by any tax authority
to Seller or any Seller Affiliate or any representative thereof. 

  

	 	(viii)	 	Seller is not a non-resident of Canada for the purposes of the Tax Act. 

  

	4.8	 	Restrictions on Business Activities. There is no agreement (non-competition or otherwise), commitment, judgment, injunction, order or decree to which Seller or any Seller Affiliate is
a party, related to the Business or the Acquired Assets, or otherwise binding upon on the Business or the Acquired Assets which has or may reasonably be expected to have the effect of materially prohibiting or impairing the operation of the Business
or prohibiting or impairing any material acquisition of property (tangible or intangible) by Buyer in connection with the operation of the Business or the Acquired Assets or the conduct of the Business. Without limiting the generality of the
foregoing, neither Seller nor any Seller Affiliate has entered into any agreement under which Seller is restricted from selling, licensing or otherwise distributing any of the Products or the Transferred Intellectual Property Rights and Transferred
Technology to, or providing services to, customers or potential customers or any class of customers, in any geographic area, during any period of time, or in any segment of the market. 

  

	4.9	 	Title to Properties; Absence of Liens and Encumbrances; Condition of Equipment. 

  

	 	(a)	 	Neither Seller nor any Seller Affiliate owns nor have they ever owned any real property used primarily in the Business. 

  

	 	(b)	 	Seller and each Seller Affiliate has good and valid title to, or, in the case of leased properties and assets, valid leasehold interests in, all of the Acquired Assets, free and clear of any
Liens, except (i) as reflected in the Current Balance Sheet or the notes thereto, (ii) Liens for 

  

 Exhibits 
  

	 	 	 	Taxes, assessments and similar charges which are not yet due and payable, or are being contested in good faith, and (iii) such imperfections of title and encumbrances, if any, which do not
materially detract from the value thereof. 

  

	4.10	 	Intellectual Property. 

  

	 	(a)	 	Section 4.10(a) of the Disclosure Schedule contains a complete and accurate list (by name and version number) of all Products related to the Business or the Acquired Assets that have
been sold, distributed or otherwise disposed of in the five (5)-year period preceding the date hereof, or under development as of the Closing Date. 

  

	 	(b)	 	Section 4.10(b) of the Disclosure Schedule lists all the Transferred Intellectual Property Rights that are Registered Intellectual Property Rights owned by, filed in the name of, or
applied for, by Seller or any Seller Affiliate (the “Registered Transferred Intellectual Property Rights”), and lists any proceedings or actions before any court, tribunal (including the US PTO) or equivalent or similar authority
anywhere in the world, related to any of the Registered Transferred Intellectual Property Rights, other than proceedings to which Seller and any Seller Affiliate is not a party or by which any of such are bound. 

  

	 	(c)	 	Each Registered Transferred Intellectual Property Right is valid and subsisting. Seller has provided to Buyer all of the file histories, correspondence, fee documents, and other information
relevant to obtaining, maintaining, and perfecting such Registered Transferred Intellectual Property Rights (“File History”), and the File History for each item of Registered Transferred Intellectual Property is accurate and
complete. 

  

	 	(d)	 	In each case in which Seller or any Seller Affiliate has acquired, other than through a written license, any Intellectual Property Right from any Person related to the Business or the
Acquired Assets, Seller or Seller Affiliate has obtained a valid and enforceable assignment sufficient to irrevocably transfer all rights in and to all such Intellectual Property Rights to Seller or Seller Affiliate. As of the Closing, where such
Transferred Intellectual Property Right was registered, or is now a Registered Transferred Intellectual Property Right or part thereof, Seller or its Subsidiaries have recorded or caused to be recorded, or have taken appropriate actions to record or
have recorded, each such prior assignment of such Intellectual Property Right with the relevant Governmental Entity in accordance with applicable laws and regulations in each jurisdiction in which such recordation is required.

  

	 	(e)	 	Seller has no knowledge of any facts or circumstances that would render any Transferred Intellectual Property Rights or Licensed Intellectual Property invalid or unenforceable, including any
fact or circumstance that would operate as a statutory bar to obtaining a final patent from an application, as those statutory bars are set forth in 35 U.S.C. § 102. 

  

	 	(f)	 	No assignment or transfer of the Transferred Intellectual Property Rights, and no subsequent licensing of the Transferred Intellectual Property Rights by the Buyer, would result in any
breach, modification, cancellation, termination or suspension of any rights in respect of the Transferred Intellectual Property Rights or require the consent of, or additional payment of any kind to, any Person. 

  

 Exhibits 
  

	 	(g)	 	Each item of the Transferred Intellectual Property Rights and Licensed Intellectual Property is free and clear of any liens or encumbrances other than non-exclusive licenses to third parties.
For all the Transferred Intellectual Property Rights (including the Copyrighted works that are included or incorporated into the Products) and Licensed Intellectual Property, (a) Seller is either the exclusive owner or (b) Seller or another member
of the Seller Group obtained those Transferred Intellectual Property Rights or that Licensed Intellectual Property pursuant to (i) a Contract listed in Section 4.10(p) of the Disclosure Schedule as an inbound license agreement, or (ii) an
inbound end-user license agreement for generally and commercially available “off-the-shelf” third party software in binary code form. Without limiting the generality of the foregoing, Seller is the exclusive owner of all Trademarks used in
connection with the operation or conduct of the Business, including the sale, distribution or provision of the Product by Seller or any Seller Affiliate. 

  

	 	(h)	 	Neither Seller nor any Seller Affiliate has transferred ownership of, or granted any exclusive license of or exclusive right to use, or authorized the retention of any exclusive rights to use
or joint ownership of, any Intellectual Property Right that is Transferred Intellectual Property Rights or Licensed Intellectual Property, to any other Person. 

  

	 	(i)	 	Seller owns or is licensed to use and possesses sufficient and legally enforceable right to all Transferable Intellectual Property Rights and all Licensed Intellectual Property. No third
party owns or has any rights to or under any of the Transferred Intellectual Property Rights, except for non-exclusive licenses granted to end-user customers in the ordinary course of business (“Customer Licenses”).

  

	 	(j)	 	Transferred Intellectual Property Rights and Licensed Intellectual Property constitute all the Intellectual Property Rights material to the Business as it currently is conducted or as
conducted in substantially the same manner following the Closing, or which are used in and/or necessary to the conduct of the Business. 

  

	 	(k)	 	No Person who has licensed any Intellectual Property Rights to Seller related to the Business or the Acquired Assets has ownership rights or license rights to improvements made by or for
Seller in such Intellectual Property Rights. 

  

	 	(l)	 	Seller has the right to use, pursuant to valid licenses, all software development tools, library functions, compilers and all other third-party Software that are material to the operation of
the Business or that are required to create, modify, compile, operate or support any Software that is incorporated into the Product. 

  

	 	(m)	 	No government funding, facilities of a university, college, other educational institution or research center was used in the development of any Transferred Intellectual Property Rights or
Licensed Intellectual Property. To the knowledge of Seller, no current or former employee, consultant or independent contractor of Seller, who was involved in, or who contributed 

  

 Exhibits 
  

	 	 	 	to, the creation or development of any Transferred Intellectual Property Rights or Licensed Intellectual Property, has performed services for the government, university, college, or other
educational institution or research center during a period of time during which such employee, consultant or independent contractor was also performing services for Seller. 

  

	 	(n)	 	The operation of the Business as it is currently conducted, and to the extent conducted in the same manner following the Closing, including the design, development, use, import, branding,
advertising, promotion, marketing, manufacture and sale of Products related to the Business or the Acquired Assets does not, and will not (when conducted as described above), infringe or misappropriate any Intellectual Property Right of any Person,
violate any right of any Person, and does not constitute unfair competition or unfair trade practices under the laws of any jurisdiction; Seller has not received written notice from any Person claiming that such operation of the Business, or any
act, product, technology or service related to the Business or the Acquired Assets (including products, technology or services currently under development) of Seller infringes or misappropriates any Intellectual Property Right of any Person or
constitutes unfair competition or unfair trade practices under the laws of any jurisdiction (nor does Seller have knowledge of any basis therefor). 

  

	 	(o)	 	No Transferred Intellectual Property Rights, Licensed Intellectual Property or Product related to the Business or the Acquired Assets is subject to any proceeding or outstanding decree,
order, judgment or settlement agreement or stipulation that would reasonably be expected to adversely affect the validity or enforceability of such Transferred Intellectual Property Rights or Licensed Intellectual Property. 

 

	 	(p)	 	Other than inbound end-user license agreements for generally and commercially available “off-the-shelf” third party software in binary code form, and other than outbound
“shrink-wrap” licenses in substantially the forms set forth on Section 4.10(p) of the Disclosure Schedule, Section 4.10(p) of the Disclosure Schedule lists all Contracts to which Seller and any Seller Affiliate is a party
with respect to any Transferred Intellectual Property Rights or Licensed Intellectual Property. All such Contracts are in full force and effect. Seller is not in material breach of nor has Seller failed to perform in any material respect under, any
of the foregoing Contracts and, to Seller’s knowledge, as of the date hereof, no other party to any such Contract is in material breach thereof or has failed to perform in any material respect thereunder. The consummation of the transactions
contemplated by this Agreement will neither violate nor result in the breach, modification, cancellation, termination or suspension of such Contracts. Section 4.10(p) of the Disclosure Schedule also includes the following information with
respect to each Contract otherwise listed above: (i) whether that Contract is an “Inbound License” or an “Outbound License,” (ii) Whether there are royalties or fees due or payable by Seller or another Person in the
Seller Group to a Third Party under such Contract. 

  

	 	(q)	 	Section 4.10(q) of the Disclosure Schedule lists all Contracts other than Customer Licenses between Seller or Seller Affiliates and any other Person wherein or whereby Seller or any
Seller Affiliate has agreed to, or assumed, any obligation or duty to warrant, indemnify, 

  

 Exhibits 
  

	 	 	 	reimburse, hold harmless, guaranty or otherwise assume or incur any obligation or liability or provide a right of rescission with respect to the infringement or misappropriation by Seller or
such other Person of the Intellectual Property Rights of any Person other than Seller related to the Business or the Acquired Assets. 

  

	 	(r)	 	To the knowledge of Seller, there are no Contracts between Seller (or any Seller Affiliates) and any other Person with respect to Transferred Intellectual Property Rights or Licensed
Intellectual Property under which there is any dispute regarding the scope of such agreement, or performance under such agreement, including with respect to any payments to be made or received by Seller thereunder. 

  

	 	(s)	 	To the knowledge of Seller, no Person is infringing or misappropriating any Transferred Intellectual Property Rights or Licensed Intellectual Property. 

  

	 	(t)	 	Seller has protected Seller’s rights in Confidential Information (as defined in the Confidentiality Agreement) and trade secrets of Seller related to the Business or the Acquired Assets
or provided by any other Person to Seller to the extent reasonable and customary in the industry in which Seller operates. To the extent relevant to the Business and the Acquired Assets, Seller has and enforces a policy requiring each employee and
consultant of Seller to execute an employment or consulting agreement substantially in the form attached to the Disclosure Schedule as Exhibit 4.10(t) thereto and all current and former employees and consultants of Company who have created or
modified any of Transferred Intellectual Property Rights or Licensed Intellectual Property have executed such an agreement and such agreement assigns all of such employees’ and consultants’ rights (and waives, to the extent permitted by
law, applicable moral rights of such employees and consultants) in and to Transferred Intellectual Property Rights or Licensed Intellectual Property to Seller. 

  

	 	(u)	 	Neither this Agreement nor the transactions contemplated by this Agreement, including the assignment to Buyer, by operation of law or otherwise, of any Contracts to which Seller is a party,
will result in (i) Buyer granting to any third party any right to or with respect to any Intellectual Property Right owned by, or licensed to pursuant to any Contract to which Seller is a party or by which it is bound, (ii) Buyer being bound by, or
subject to, any non-compete or other restriction on the operation or scope of its businesses, or (iv) Buyer being obligated to pay any royalties or other amounts to any third party in excess of those payable by Buyer prior to the Closing Date
pursuant to any Contract to which Seller is a party or by which it is bound. 

  

	 	(v)	 	Immediately following the consummation of the transactions contemplated by this Agreement, Seller will not own or control any Patents that claim priority from, or are continuations or
divisionals of, those Patents included in the Acquired Assets; none of the Patents included in the Transferred Assets claim priority from, or are continuations or divisionals of, any other Patent owned or controlled by Seller. None of the Patents
included in the Transferred Intellectual Property Rights is subject to a terminal disclaimer. None of the Continuing Employees are listed as the inventor for a Patent owned by Seller or a Seller Affiliate and not included in the Transferred
Intellectual Property Rights, and none of the Patents retained by Seller originate from the subject of the Business or were invented in the course of or in relation to the operations of the Business. 

  

 Exhibits 
  

	 	(w)	 	The Transferred Technology and Licensed Technology (to the extent delivered under this Agreement) together constitute all of the Technology that is used in or reasonably necessary for the
operation of the Business, and for Buyer to further develop, license, support, market, distribute, maintain and otherwise exploit the Product after Closing, and to conduct the Business after Closing, each in substantially the same manner as prior to
the Closing. After the Closing Date, Seller will not own or have control of any product that is derived from the Product, or any product or software of which the Product is a derivative work. 

  

	 	(x)	 	             

  

	 	(i)	 	Section 4.10(x) of the Disclosure Schedule lists all software or other material that is distributed as “free software”, “open source software” or under a similar
licensing or distribution model (including but not limited to the GNU General Public License) that is incorporated into the Product, combined with the Product or distributed in conjunction with the Product (“Incorporated Open Source
Materials”). 

  

	 	(ii)	 	None of the Incorporated Open Source Materials are licensed under license terms that create, or purport to create, obligations for Seller or its Subsidiaries with respect to Intellectual
Property Rights or Technology, or grant, or purport to grant, to any third party, any rights to Technology or Intellectual Property Rights, or any immunities under Intellectual Property Rights (including but not limited to using any Incorporated
Open Source Materials that require, as a condition of use, modification and/or distribution of such Incorporated Open Source Materials that other software incorporated into, derived form or distributed with such Incorporated Open Source Materials be
(i) disclosed or distributed in source code form, (ii) be licensed for the purpose of making derivative works, or (iii) be redistributable at no charge). 

  

	 	(y)	 	All Schedules describing or listing the Product, other of Seller’s products and services related to the Business, the Acquired Assets, the Transferred Intellectual Property and the
Licensed Intellectual Property are complete and accurate. 

  

	 	(z)	 	Neither Seller nor any Subsidiary has received any opinion of counsel regarding a potential allegation of infringement, or the application of any Patent to the Product or the operation of the
Business. 

  

	 	(aa)	 	All Products sold, licensed, or delivered by or for Seller, and all services provided by Seller in connection with the Business on or prior to the Closing Date conform in all material
respects to applicable contractual commitments, express and implied warranties, product specifications and product documentation and to any representations provided to customers. Seller has provided Buyer with all documentation and notes relating to
the testing of the Product, and all material information about unresolved bugs and unresolved non-conformities in the Product. 

  

 Exhibits 
  

	 	(bb)	 	Section 4.10(bb) of the Disclosure Schedule identifies each Contract pursuant to which, or each circumstance under which (i) Seller or any Subsidiary has deposited, or is or may be
required to deposit any source code related to the Product with an escrow holder or any other Person, and (ii) Seller or any Subsidiary has disclosed, delivered or licensed to any Person other than Buyer any source code related to the Product, or
(iii) Seller or any Subsidiary (or any third party of for which Seller has knowledge) has permitted the disclosure or delivery to any escrow agent or other Person, of any source code related to the Product. The execution of this Agreement, in and of
itself, will not, or would not reasonably be expected to, result in the release from escrow of any such source code. No event has occurred, and no circumstance or condition exists that (with or without notice or lapse of time, or both) will, or
would reasonably be expected to, result in the disclosure or delivery of any source code related to the Product to any Person by Seller, any Subsidiary of Seller, or any Person acting on their behalf. After the Closing, Seller will have either
delivered to Buyer or destroyed all copies of the source code to the Product or related to the Product. 

  

	 	(cc)	 	Seller has implemented procedures consistent with standard industry practices to ensure that the Product and the Transferred Technology are free from viruses or other disabling codes.

  

	4.11	 	No Defaults. Seller and each Seller Affiliate is in compliance with and has not materially breached, violated or defaulted under, or received written notice that it has breached,
violated or defaulted under, any of the terms or conditions of any Transferred Contract or any Contract required to be disclosed under Section 4.10 hereof, nor is Seller aware of any event that would constitute such a breach, violation or
default with the lapse of time, giving of notice or both. 

  

	4.12	 	Governmental Authorization. Each consent, license, permit, grant or other authorization (i) pursuant to which Seller or any Seller Affiliate currently operates or holds any interest in
the Acquired Assets, or (ii) which is required for the operation of the Business as currently conducted has been issued or granted to Seller or any Seller Affiliate, and is in full force and effect. 

  

	4.13	 	Litigation. There is no action, suit, claim or proceeding of any nature related to the Business or the Acquired Assets pending, or to the knowledge of Seller, threatened, against
Seller, any Seller Affiliate or any of their officers or directors. To the knowledge of Seller, there is no investigation or other proceeding related to the Business or the Acquired Assets pending or threatened against Seller, any Seller Affiliate
or any of their officers or directors in their respective capacities as such by or before any Governmental Entity. No Governmental Entity has provided Seller with written notice challenging or questioning the legal right of Seller or any Seller
Affiliate to conduct the Business as conducted at that time or as presently conducted. 

  

	4.14	 	Environmental Matters. 

  

	 	(a)	 	Hazardous Material. Neither Seller nor any Seller Affiliate has, to the extent relevant to the Business or the Acquired Assets, illegally released any amount of Hazardous Material, but
excluding office and janitorial supplies properly and safely maintained. 

  

 Exhibits 
  

	 	(b)	 	Hazardous Materials Activities. Neither Seller nor any Seller Affiliate has released or exposed its Business Employees or others to Hazardous Materials in violation of any law or in a
manner that would result in liability to Seller or any Seller Affiliate, nor has Seller or any Seller Affiliate disposed of, transported, sold, or manufactured any product containing a Hazardous Material (any or all of the foregoing being
collectively referred to herein as “Hazardous Materials Activities”) in violation of any rule, regulation, treaty or statute promulgated by any Governmental Entity to prohibit, regulate or control Hazardous Materials or any
Hazardous Material Activity. 

  

	 	(c)	 	Environmental Liabilities. No action, proceeding, revocation proceeding, amendment procedure, writ, injunction or claim is pending, or to the knowledge of Seller threatened, concerning
any environmental permit, Hazardous Material or any Hazardous Materials Activity related to the Business or the Acquired Assets. Seller has no knowledge of any fact or circumstance which could involve Seller in any environmental litigation or impose
upon Seller or any Seller Affiliate any environmental liability. 

  

	4.15	 	Employee Matters. 

  

	 	(a)	 	Section 4.15(a) of the Disclosure Schedule contains (i) a list of the Business Employees and (ii) a true and complete list of all remuneration payable and other benefits provided which
Seller or any Seller Affiliate is bound to provide (whether at present or in the future) to each such employee, or any person affiliated with any such employee, and includes, if any, particulars of all profit sharing, incentive and bonus
arrangements to which Seller or any of Seller Affiliate is a party, whether legally binding or not. 

  

	 	(b)	 	Section 4.15(b) of the Disclosure Schedule contains an accurate and complete list of each Employee Plan. Seller has delivered to Buyer correct and complete copies of all documents
embodying each Employee Plan, including all amendments thereto and all related trust documents. 

  

	 	(c)	 	None of the Business Employees has received a pension grant or any other kind of voluntary pension benefit. 

  

	 	(d)	 	Each of the Employee Plans is, and has been, established, registered, qualified, administered and invested materially in compliance with (i) the terms thereof, (ii) all applicable laws,
including, without limiting the generality of the foregoing, the applicable pension and tax legislation, (iii) the administrative practices of the applicable pension regulator and tax authorities; and the Seller Group has not received, since
December 31, 2002, any notice from any person questioning or challenging such compliance (other than in respect of any claim related solely to that person), and the Seller Group has no knowledge of any such notice from any person questioning or
challenging such compliance prior to December 31, 2002. 

  

	 	(e)	 	None of the Offered Employees has given or received notice of termination of employment and neither Seller nor any Seller Affiliate has, since December 31, 2002, given notice

  

 Exhibits 
  

	 	 	 	of any reduction to any employee or Governmental Entity or started consultations with any trade union pursuant to any statute or regulation. 

  

	 	(f)	 	No collective bargaining agreement exists that is binding on Seller or any Seller Affiliate with respect to the Business Employees, and to Seller’s knowledge, no petition has been filed
or proceeding instituted, or any action taken in contemplation of any such filing or institution, by an employee or group of employees of Seller or any Seller Affiliate, seeking recognition of a bargaining representative. 

 

	 	(g)	 	There is no labor strike, dispute, slow down or stoppage pending or, to the knowledge of Seller or any Seller Affiliate, threatened against Seller or any Seller Affiliate by any of the
Business Employees, and neither Seller nor any Seller Affiliate has received any demand letters, civil rights charges, suits or drafts of suits with respect to claims made by any of the Business Employees. 

  

	 	(h)	 	Other than Jason Smith, Kevin Buter and Siobuhn Keating (the “Contractors”), no person is performing consulting services for the Business or in connection with the Acquired
Assets. To Seller’s knowledge, each of the Contractors has been properly classified as an “independent contractor” for purpose of withholding obligations with respect to any Taxes. 

  

	 	(i)	 	Seller and each Seller Affiliate is in compliance in all material respects with all applicable foreign, federal, state, provincial and local laws, rules and regulations respecting employment,
employment practices, terms and conditions of employment and wages and hours, in each case, with respect to the Business Employees. 

  

	 	(j)	 	Seller and each Seller Affiliate has withheld and reported all amounts required by law or by agreement to be withheld and reported with respect to wages, salaries and other payments to the
Business Employees. 

  

	 	(k)	 	There are no pending, or to Seller’s or any Seller Affiliate’s knowledge, threatened claims or actions by any Business Employee against Seller or any Seller Affiliates under any
worker’s compensation policy or long-term disability policy. 

  

	 	(l)	 	To the knowledge of Seller and each Seller Affiliate, no Business Employee is obligated under any agreement or subject to any judgment, decree or order of any court or administrative agency
that would interfere with such Business Employee’s efforts to promote the interests of the Business or that would interfere with the Business. To Seller’s and each Seller Affiliate’s knowledge, neither the execution nor delivery of
this Agreement, nor the carrying on of the Business as presently conducted nor any activity of the Business Employees in connection with the carrying on of the Business as presently conducted or currently proposed to be conducted, will conflict with
or result in a breach of the terms, conditions or provisions of, or constitute a default under, any agreement under which any of such Business Employees is now bound. 

  

 Exhibits 
  

	4.16	 	Compliance with Laws. Seller and each Seller Affiliate has complied in all material respects with, is not in violation of, and has not received any notices of violation with respect
to, any foreign, federal, state, provincial or local statute, law or regulation related to the Business or the Acquired Assets. 

  

	4.17	 	Corruption of Foreign Public Officials Act. Neither Seller nor any Seller Affiliate (including any of its officers or directors) has taken any action related to the Business or the
Acquired Assets which would cause it to be in violation of the Corruption of Foreign Public Officials Act (Canada), as amended, or any rules or regulations thereunder. 

  

	4.18	 	Warranties; Indemnities. Except for warranties implied by law or those provided for in the Transferred Contracts or other documents or materials delivered to Buyer, neither Seller nor
any Seller Affiliate has given any warranties or indemnities relating to products or technology sold or services rendered by Seller or any Seller Affiliates related to the Business or the Acquired Assets. 

  

	4.19	 	Complete Copies of Materials. Seller has delivered true and complete copies of each document (or summaries of same) that has been requested by Buyer or its counsel.

  

	4.20	 	Suppliers and Customers. Except as disclosed in the Transferred Contracts delivered to Buyer, since December 31, 2002 no licensor, vendor, supplier, licensee or customer of Seller or
any Seller Affiliate has cancelled or otherwise materially modified its relationship with Seller or any Seller Affiliate in a manner adverse to the Business or the Acquired Assets, taken as a whole, and (i) no such Person has communicated in writing
to the officers, directors or other senior managers of Seller any intention to do so, (ii) to the knowledge of Seller, no such Person has any intention to do so, and (iii) to the knowledge of Seller, the consummation of the transactions contemplated
hereby will not adversely affect any of such relationships. 

  

	4.21	 	Sufficiency of Assets. The Seller Group owns or has sufficient rights to use all of the assets, tangible and intangible, necessary to operate the Business, and no other affiliate of
Seller owns or has rights to use any assets, tangible or intangible, necessary to operate the Business. 

  

	4.22	 	Authority to Direct Seller Affiliates. Each Seller Affiliate is a direct or indirect wholly-owned subsidiary of Parent, and Parent has the authority to direct each Seller Affiliate to
perform its obligations under this Agreement and Ancillary Agreements. 

  

	4.23	 	GST. Seller is a registrant for the purposes of the GST Legislation and its registration number is 867391229RT0001. 

  

	4.24	 	UAE Agreement. The UAE Agreement terminates on or before December 31, 2003, and the terms of exclusivity contained therein expire on such date. 

  

	4.25	 	Representations Complete. None of the representations or warranties made by Seller (as modified by the Disclosure Schedule) in this Agreement, and none of the statements made in any
exhibit, schedule or certificate furnished by Seller pursuant to this Agreement contains, or will 

  

 Exhibits 
  

	 	 	contain at the Closing Date, any untrue statement of a material fact, or omits or will omit at the Closing Date to state any material fact necessary in order to make the statements contained
herein or therein, in the light of the circumstances under which made, not misleading. The information furnished on or in any documents mailed, delivered or otherwise furnished to the shareholders of Seller in connection with the solicitation of
their consent to this Agreement and the Acquisition, will not contain, at or prior to the Closing Date, any untrue statement of a material fact and will not omit to state any material fact necessary in order to make the statements made therein, in
light of the circumstances under which made, not misleading. 

  
 ARTICLE 5 
 REPRESENTATIONS AND WARRANTIES OF BUYER 
  
 Buyer hereby represents and warrants to Seller as follows: 
  

	5.1	 	Organization. Buyer is a company duly organized and validly existing under the laws of the Province of Nova Scotia. 

  

	5.2	 	Authorization. Buyer has all requisite power and authority to enter into this Agreement and each of the Ancillary Agreements to which it is a party and to consummate the transactions
contemplated hereby and thereby. The execution and delivery of this Agreement and each of the Ancillary Agreements to which it is a party and the consummation of the transactions contemplated hereby and thereby have been duly authorized by all
necessary corporate action on the part of Buyer, and no further corporate action is required on the part of Buyer or its shareholders to approve, adopt or authorize this Agreement, any of the Ancillary Agreements or any of the transactions
contemplated hereby or thereby. This Agreement has been duly executed and delivered by Buyer and, assuming the due authorization, execution and delivery by Seller, constitutes the valid and binding obligation of Buyer, enforceable against Buyer in
accordance with its terms, subject to the laws of general application relating to bankruptcy, insolvency and the relief of debtors and to rules of law governing specific performance, injunctive relief and other equitable remedies.

  

	5.3	 	Noncontravention. The execution and delivery of this Agreement and the Ancillary Agreements to which Buyer is a party does not, and the consummation of the transactions contemplated
hereby and thereby will not, conflict with (i) any provision of Buyer’s memorandum and articles of association; or (ii) any judgment, order, decree, statute, law, ordinance, rule or regulation applicable to it. 

  

	5.4	 	Consents. No consent, waiver, approval, order or authorization of, or registration, declaration or filing with, any Governmental Entity, is required by, or with respect to, Buyer in
connection with the execution and delivery of this Agreement or the Ancillary Agreements to which Buyer is a party or the consummation of the transactions contemplated hereby or thereby. 

  

	5.5	 	GST. The Buyer is a registrant for the purposes of the GST Legislation and its registration number is 102340239. 

  

 Exhibits 
  

	5.6	 	Taxes. Buyer is not a non-resident of Canada for the purposes of the Tax Act. 

  
 ARTICLE 6 
 LICENSES

  

	6.1	 	License to Buyer of Licensed Intellectual Property. Seller hereby grants Buyer and its worldwide Affiliates a non-exclusive, royalty-free, fully-paid, perpetual, irrevocable,
transferable, worldwide license, including the right to grant and authorize sublicenses (i) under the Licensed Intellectual Property (other than (A) KeyTools, (B) any Licensed Intellectual Property not owned by Seller that by its terms may not be
transferred or sub-licensed by Seller), or (C) rights in and to the Incorporated Open Source Materials), to make, have made, use, sell, offer for sale, import, and improve any products or services, and to practice any method or process, (ii) to the
Licensed Technology (other than KeyTools), to use, reproduce, distribute, make derivative works based on, perform and display, and transmit that Licensed Technology (other than (A) KeyTools, (B) any Licensed Technology not owned by Seller that by
its terms may not be transferred or sub-licensed by Seller), or (C) rights in and to the Incorporated Open Source Materials). To the extent any Licensed Technology is KeyTools, the license in Section 6.2 applies. 

  

	6.2	 	License to KeyTools. Seller hereby grants Buyer and its worldwide affiliates a non-exclusive, royalty-free, fully-paid, perpetual, irrevocable, worldwide license to use and modify the
KeyTools, to incorporate into the Products and derivatives thereof the Certificate Path Validation (CPV) libraries and other KeyTools libraries that are either incorporated in the current version of the Product or that Seller currently plans to
include in the next version of the Product (“KeyTools Libraries”), and to make, use, distribute, sell, offer for sale, import and improve those Products and their derivatives. For greater certainty, Buyer acknowledges and agrees
that it shall not use the KeyTools for any purpose other than in connection with the Product and derivatives thereof. Buyer may sublicense the foregoing rights to consultants and contractors who are exercising those rights on behalf of Buyer
provided that such consultants and contractors are made aware of the restrictions on the use of KeyTools contained in this Section 6.2 and agree in writing to be bound by the terms hereof. The foregoing license is transferable by Buyer or its
Affiliates only in connection with a merger, acquisition, or sale of all or substantially all of the assets to which the KeyTools relates. Buyer acknowledges and agrees that all right, title and interest in and to the KeyTools, including without
limitation all Intellectual Property Rights, shall at all times remain with Seller and that Buyer’s only rights with respect to the KeyTools shall be as expressly provided in this Section 6.2. Buyer shall not remove, obscure, alter or
modify any patent, copyright, trademark or other proprietary notice or designation which appears in or on the KeyTools, and Buyer shall ensure that such notices and designations appear on any copies of the KeyTools; provided that when only
the KeyTools Libraries are incorporated in a Product or derivative, then such notice need be only in the header file for the source code version of that Product or derivative. Buyer acknowledges that KeyTools constitutes confidential and proprietary
information of Seller and agrees that, other than when KeyTools Libraries are incorporated into a Product or derivative of that Product, it shall not disclose or provide access to KeyTools to any third party without Seller’s prior written
consent. 

  

 Exhibits 
  

	 	 	Buyer shall use and maintain at least the same degree of care that it uses to protect its own information and materials of similar nature from disclosure to protect the KeyTools (which in any
event shall be no less than a reasonable degree of care). 

  

	6.3	 	Technical Support. During the first year after the Closing Date, Seller shall provide Buyer and its affiliates with a reasonable amount of technical assistance regarding KeyTools, at
Buyer’s request and Seller’s expense. 

  

	6.4	 	Ongoing Delivery of KeyTools. On an ongoing basis during the first year after the Closing Date, Seller shall deliver to Buyer all new versions of KeyTools (and, at Buyer’s
request, other any updates or improvements of KeyTools) that are created, also in object code and source code form. 

  

	6.5	 	WARRANTY DISCLAIMER. OTHER THAN AS PROVIDED ELSEWHERE IN THIS AGREEMENT, THE KEYTOOLS, LICENSED TECHNOLOGY, AND LICENSED INTELLECTUAL PROPERTY IS PROVIDED ON AN “AS IS” BASIS
WITHOUT ANY REPRESENTATIONS OR WARRANTIES WHATSOEVER, AND SELLER HEREBY DISCLAIMS AND ANY ALL REPRESENTATIONS AND WARRANTIES (OTHER THAN AS PROVIDED ELSEWHERE IN THIS AGREEMENT), WHETHER ORAL OR WRITTEN, EXPRESS, IMPLIED, STATUTORY OR OTHERWISE,
INCLUDING WITHOUT LIMITATION ANY AND ALL WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT OR TITLE, AND THOSE ARISING FROM A COURSE OF DEALING, USAGE, TRADE, CUSTOM OR PERFORMANCE. THIS DISCLAIMER SHALL ALSO APPLY TO
SELLERS SUPPLIERS AND LICENSORS. 

  

	6.6	 	Limited License Back for Support Purposes. Effective as of the Closing Date and subject to the terms hereof, Buyer hereby grants Seller, only under such Intellectual Property Rights
(other than Trademarks) as Seller may have acquired under the Asset Purchase Agreement, a non-transferable right to use the Product internally, in object code form, only for purposes of providing level 1 support and level 2 support services to (a)
the following identified customers: Bankenes Betalingssentral AS (BBS) and PKWI (“Identified Customers”) and only for a period of eighteen (18) months after the Closing Date. Identified Customers are, however, free to transition to
support provided entirely by Buyer, at the Identified Customer’s option. 

  
 ARTICLE 7 
 COVENANTS AND AGREEMENTS 
  

	7.1	 	Conduct of Seller Prior to the Closing. Between the date of this Agreement and the earlier to occur of the termination of this Agreement pursuant to Section 10.1 and the
Closing, unless otherwise agreed in writing by Buyer, Seller will conduct the Business and operate the Acquired Assets in the usual, regular and ordinary course in substantially the same manner as heretofore conducted or operated; pay the debts and
Taxes of the Business when due; pay or perform other obligations of the Business when due; use reasonable, good faith efforts to preserve intact the current 

  

 Exhibits 
  

	 	 	business organization of Seller relating to the Business, keep available the services of the current officers, employees and agents of Seller relating to the Business, and maintain the
relations and goodwill with the suppliers, customers, distributors, licensors, licensees, landlords, trade creditors, employees, agents, and others having business relationships with Seller relating to the Business; confer with Buyer concerning
material business or operational matters relating to the Business; use reasonable, good faith efforts to maintain all of the Acquired Assets in their current condition and to promptly replace, repair or restore such Acquired Assets in the event of
any damage to or destruction of any of the Acquired Assets prior to the Closing; and maintain the Books and Records in the usual, regular and ordinary manner, on a basis consistent with prior years; all with the goal of preserving unimpaired through
the Closing the Acquired Assets and Seller’s current goodwill with regard to the Business. Seller shall promptly respond to queries of Buyer concerning the status and operation of the Business and the Acquired Assets. Except as otherwise agreed
to in writing by Buyer, Seller shall not: 

  

	 	(a)	 	purchase or enter into any inbound license agreement with respect to, the Intellectual Property Rights of any third party to be incorporated in or used in connection with the Products

  

	 	(b)	 	sell, lease or otherwise transfer or dispose of, or enter into any outbound license agreement with respect to, any of the Acquired Assets, Licensed Technology or Licensed Intellectual
Property with any third party, except for non-exclusive outbound license agreements entered into in the ordinary course of Business, consistent with past practice; 

  

	 	(c)	 	enter into any Contract relating to (i) the sale, license or distribution of any Product, (ii) the provision of any services relating to the Business, (iii) any of the Acquired Assets, (iv)
any Licensed Technology, or (v) any Licensed Intellectual Property, except in the ordinary course of Business, consistent with past practice; 

  

	 	(d)	 	change pricing or royalties charged to customers or licensees of Seller related to the Business, except in the ordinary course of Business, consistent with past practice;

  

	 	(e)	 	enter into any strategic arrangement or relationship or joint marketing arrangement or agreement relating to the Business; 

  

	 	(f)	 	terminate the employment of, or give notice of termination of employment to, any Business Employee; 

  

	 	(g)	 	hire any Business Employee; 

  

	 	(h)	 	change, increase or amend the rate of remuneration or amount of bonuses or other benefits or any other terms of employment of any Business Employee; 

  

 Exhibits 
  

	 	(i)	 	grant any severance or termination pay to any Business Employee, or adopt any new severance plan, amend or modify or alter in any manner any severance plan, agreement or arrangement relating
to any Business Employee, except as may be required by applicable law; 

  

	 	(j)	 	adopt or amend any Employee Plan; 

  

	 	(k)	 	amend or modify, or violate the terms of, any of the Consent Required Contracts or Transferred Contracts; 

  

	 	(l)	 	commence, settle, institute, prosecute, compromise any action, suit, proceeding, arbitration, or governmental or regulatory investigation or audit or obtain the release of any threatened
action, suit, proceeding, arbitration, or governmental or regulatory investigation or audit involving or related to the Business or the Acquired Assets; 

  

	 	(m)	 	take or agree in writing or otherwise to take, any of the actions described in (j) through (w) above, or any other action that would prevent Seller from performing or cause Seller not to
perform any of its other covenants in this Agreement. 

  

	7.2	 	Notice of Certain Events. Buyer and Seller shall give prompt notice to the other of: (a) the occurrence or non-occurrence of any event, the occurrence or non-occurrence of which is
likely to cause any representation or warranty of such party contained in this Agreement to be untrue or inaccurate at or prior to the Closing, and (b) any failure of such party to comply with or satisfy any covenant, condition or agreement to be
complied with or satisfied by it hereunder. Notwithstanding anything in the immediately preceding sentence to the contrary, the delivery of any notice pursuant to this Section 7.2 shall not (i) limit or otherwise affect any remedies available
to the party receiving such notice or (ii) constitute an acknowledgment or admission of a breach of this Agreement. No disclosure by any party pursuant to this Section 7.2 shall be deemed to amend or supplement the Disclosure Schedule or
prevent or cure any misrepresentation, breach of warranty or breach of covenant. 

  

	7.3	 	Circular. As soon as practicable following the date of this Agreement, Parent shall prepare and use all reasonable efforts to have cleared by the United Kingdom Listing Authority
(“UKLA”) and thereafter send to its shareholders the requisite circular (including notice of the Shareholders’ Meeting) (the “Circular”) which will comply with all applicable requirements of law and the UKLA.
In preparing the Circular, Parent shall notify Buyer promptly upon the receipt of any comments from the UKLA and shall consult and co-operate with the Buyer regarding all issues related to the Circular. 

  

	7.4	 	Meeting of Shareholders; Board Recommendation 

  

	 	(a)	 	Shareholders’ Meetings. As soon as practicable following the date of this Agreement (and in any event within five weeks thereafter), Parent will take all action necessary in
accordance with the rules of the UKLA to duly call, give notice of, convene and hold a meeting of its shareholders (the “Shareholders’ Meeting”) for the purpose of passing a separate ordinary 

  

 Exhibits 
  

	 	 	 	resolution approving each of (i) the entering into of this Agreement by the Parent (the “Resolution”); and (ii) the payment to Buyer of the amounts disclosed in Section
10.3(ii). If the Resolution is not approved at the Shareholders’ Meeting and it appears likely that the Resolution would be approved at a further meeting of the Shareholders, Parent shall convene such further meeting to approve the
Resolution and take all such other action as the Buyer may reasonably request to secure approval of the Resolution as soon as reasonably practicable. 

  

	 	(b)	 	Board Recommendation. The Board of Directors of Parent (i) shall, in the Circular convening the Shareholders’ Meeting, recommend to its shareholders the passing of the Resolution,
and (ii) subject to Section 7.5(c), shall not terminate, withdraw or contradict such recommendation prior to or at the Shareholders’ Meeting (or any adjournment thereof or any further meeting of the shareholders).

  

	7.5	 	No Solicitation. 

  

	 	(a)	 	Prior to completion or termination of this Agreement and subject in each case to Section 7.5(c), Parent shall not, nor shall it permit any of its subsidiaries or their respective
officers, directors or employees ( nor authorize or encourage any of its investment bankers or other advisers or representatives) (collectively in this Section 7.5, “Parent’s Representatives”) to (i) actively solicit,
initiate or encourage the submission of any Conflicting Proposal, (ii) enter into any agreement with respect to, or approve or recommend, or propose to approve or recommend, any Conflicting Proposal or (iii) participate in any discussions or
negotiations regarding, or furnish to any person any information with respect to, or take any other action to facilitate any enquiries or the making of any proposal that constitutes, or may reasonably be expected to lead to, any Conflicting
Proposal. Prior to completion or termination of this Agreement, and subject in each case to Section 7.5(c), Parent shall, and shall procure that the Parent’s Representatives shall, (i) notify third parties with whom Parent has commenced
discussion in relation to a possible Code Offer (or offers to purchase specific assets) prior to the date of this Agreement that Parent is seeking such offers only on the basis that such offers shall not constitute Conflicting Proposals, (ii) cease
discussions with any such third party who indicates that it is only prepared to consider an offer which is a Conflicting Proposal, and (iii) not give to any party who may be considering an offer any information relating to the Business or the
Acquired Assets unless required to do so by the Rules of the City Code on Takeovers and Mergers. 

  

	 	(b)	 	Prior to completion or termination of this Agreement, Parent shall promptly (and in no event later than one day after such occurrence) notify Buyer of any participation by Buyer in
discussions or negotiations entered into, as described in Section 7.5(a)(iii) above and whether or not the Directors of Parent have determined that Parent is required to participate in such discussions or negotiations, as required pursuant to the
provisions of Section 7.5(c) below. 

  

	 	(c)	 	Parent’s obligations under Section 7.4(b)(ii) and under Section 7.5(a) are subject to: (i) the fiduciary duties of the Directors of Parent duly to consider any Superior
Proposal; and (ii) the obligations of Parent and such Directors under the City Code on Takeovers and Mergers 

  

 Exhibits 
  

	 	 	 	or any other laws or regulations applicable to them which would require the taking of action otherwise prohibited by this Section. 

  

	 	(d)	 	For the purposes of this Section 7.5, (i) “Conflicting Proposal” means any proposal which could reasonably be expected to prevent or materially impede, interfere with
or significantly delay the transactions contemplated by this Agreement, including any Code Offer (or an offer to purchase specific assets) which is on terms that are inconsistent with completion of the transactions contemplated by this Agreement,
(ii) a “Code Offer” shall mean an offer to acquire all or substantially all of the issued share capital of Parent duly made under the City Code on Takeovers and Mergers, and (iii) a “Superior Proposal” shall mean a
proposal which constitutes a Conflicting Proposal, which has not been solicited, initiated or encouraged by Parent and/or the Parent’s Representatives in contravention of Section 7.5(a), and which will, in the reasonable good faith
opinion of the Directors of Parent, be of more benefit to the shareholders of Parent than completion of this Agreement. 

  

	7.6	 	Access to Information. Between the date of this Agreement and the earlier of the Closing or the termination of this Agreement, Seller shall afford Buyer and its respective officers,
employees, accountants, counsel, agents and other representatives, reasonable access during normal business hours upon reasonable prior notice to (i) all of the properties, books, contracts, commitments and records of the Business and the Acquired
Assets, and (ii) all Business Employees. 

  

	7.7	 	Confidential Information. The parties shall comply with all of their respective obligations under the Confidentiality Agreement. 

  

	7.8	 	Public Disclosure. No party shall issue any statement or communication to any third party (other than to their respective agents) regarding the subject matter of this Agreement or the
transactions contemplated hereby, including, if applicable, the termination of this Agreement and the reasons therefor, without the prior written consent of the other party, which consent shall not be unreasonably withheld, except that this
restriction shall be subject to the parties’ respective obligations to comply with applicable securities laws. 

  

	7.9	 	Consents. Seller or a Seller Affiliate shall assign each of the Transferred Contracts to Buyer as of the Closing. Seller shall use reasonable efforts, during the period from the date
of this Agreement until the Closing, to obtain the consents, waivers, approvals and assignments under the Consent Required Contracts as may be required in connection with the Acquisition so as to assign all rights of and benefits of Seller, to
Buyer, and upon the receipt of such consent, waiver, approval or assignment, as applicable, such Consent Required Contract shall be moved to Schedule 1.1(iiii) from Schedule 1.1(t). Following the Closing, Seller shall continue to use
reasonable efforts for a period of six months to obtain the consents, waivers, approvals and assignments to those Contracts identified as Consent Required Contracts on Schedule 1.1(t) that were not moved to Schedule 1.1(iiii) prior to
the Closing and to the extent that Seller is able to obtain any such consents, waivers, approvals or assignments, such Consent Required Contracts shall be deemed to be Transferred Contracts for all purposes under this Agreement from the time such
consent, waiver, approval or assignment was delivered to Buyer, notwithstanding anything else in this Agreement to the contrary. If any such 

  

 Exhibits 
  

	 	 	consent, waiver, confirmation or approval is not obtained with respect to any Consent Required Contracts, then Seller and Buyer will cooperate to establish an arrangement reasonably
satisfactory to Buyer and Seller under which Buyer would obtain, to the extent practicable, the claims, rights, and benefits and assume the corresponding liabilities and obligations thereunder in accordance with this Agreement.

  

	7.10	 	Reasonable Efforts. Subject to the terms and conditions provided in this Agreement, the parties shall use reasonable efforts to promptly take, or cause to be taken, all actions,
execute and deliver such instruments, and to do promptly, or cause to be done, all things necessary, proper or advisable under applicable laws and regulations to consummate and effectuate the transactions contemplated hereby, to obtain all necessary
waivers, consents and approvals and to effect all necessary registrations and filings and to remove any injunctions or other impediments or delays, legal or otherwise, in order to consummate and effectuate the transactions contemplated by this
Agreement for the purpose of securing to the Parties the benefits contemplated by this Agreement. After the Closing, each party will use its reasonable efforts to cooperate to execute such applications, specifications, oaths, assignments and other
instruments, and take such other reasonable actions, which are necessary to apply for or perfect the other party’s interest (i) in the case of Seller, in Seller’s retained Intellectual Property Rights and (ii) in the case of Buyer, in the
Transferred Intellectual Property Rights and the Intellectual Property Rights included in the Transferred Technology. Notwithstanding anything in this Section 7.10 to the contrary, nothing herein shall require any party or any of its Seller
Affiliates or affiliates to agree to any divestiture of any of its respective businesses, assets or properties, or otherwise agree to the imposition of any limitation on the ability of any of them to conduct their respective businesses or to own or
exercise control of such businesses, assets or properties. 

  

	7.11	 	Employee Matters. Prior to the Closing Date and subject to Buyer receiving evidence that each such employee has a legal right to work in his or her country of current employment, each
Key Employee and each Canadian Offered Employee shall be given an Offer Letter by Buyer or an affiliate of Buyer. Prior to the Closing Date and subject to Buyer receiving evidence of a legal right to work in the relevant country, Buyer or an
affiliate of Buyer shall furnish an Offer Letter to each of Parent’s Offered Non-Canadian Employees listed on Schedule 1.1(hhh), provided however that, with respect to each function listed on Schedule 1.1(hhh), Buyer shall not be
required to furnish an Offer Letter to more than one individual for each region listed on such Schedule. Such Offer Letters will (a) offer employment in compliance with the standard employment terms and conditions of Buyer or the applicable
affiliates of Buyer, as the case may be, with compensation and benefit packages commensurate and consistent with those given to existing Buyer employees or employees of the applicable affiliates of Buyer, as the case may be, in the same or similar
geographic market and job classifications (provided that with respect to Canadian Offered Employees, such employees will be offered the same annual base salary as provided by Seller as of the date hereof), (b) supersede any prior employment
agreements and other arrangements with such Offered Employee in effect prior to the Closing Date and (c) provide that the offers of employment will be conditional on the completion of the transactions contemplated by this Agreement and that such
offers of employment will be effective as of the Closing Date. Other than as required by applicable 

  

 Exhibits 
  

	 	 	law, Buyer shall not be obligated to recognize or give credit for service or deemed service of the Offered Employees prior to the Closing Date. The Seller shall indemnify and hold harmless
the Buyer from and against all Losses suffered or incurred by the Buyer as a result of or arising directly or indirectly out of, in connection with or pursuant to any claims by any Business Employees, other than claims by Continuing Employees with
respect to their employment with the Purchaser. 

  
 The Seller Group agrees to
administer the accrued benefits under the Manulife Financial Registered Pension Plan Policy #1074368 in respect of the Continuing Employees materially in accordance with (i) the terms thereof, (ii) all applicable laws, including, without limiting
the generality of the foregoing, the applicable pension and tax legislation, and (iii) the administrative practices of the applicable pension regulator and tax authorities. 
  

	7.12	 	Covenant Not to Solicit. 

  

	 	(a)	 	Beginning on the Closing Date and ending on the first anniversary of the Closing Date, Seller shall not directly or indirectly solicit, encourage or take any other action which is intended to
induce or encourage any Continuing Employee to terminate his or her employment with Buyer, or hire any Continuing Employee. 

  

	 	(b)	 	Beginning on the Closing Date and ending on the first anniversary of the Closing Date, Buyer shall not directly or indirectly solicit, encourage or take any other action which is intended to
induce or encourage any employee of Seller Group (other than the Continuing Employees) to terminate his or her employment with Seller or any member of the Seller Group, or hire any employee of Seller Group (other than the Business Employees);
provided, however, Buyer shall not be in breach of this provision if any employee of Seller Group (i) is involuntarily terminated as an employee of Seller or any member of the Seller Group; (ii) voluntarily and independently approaches and
obtains employment with Buyer after a date which is at least six (6) months following the date that such employee is no longer employed by Seller or any member of the Seller Group, (iii) is presented to Buyer by an executive search firm or similar
business engaged by Buyer in the ordinary course of Buyer’s business, or (iv) is presented to Buyer by any solicitation through the placement of general employment advertising, internet postings, or other publication for general circulation.

  

	7.13	 	Transition. During the period between the signing of this Agreement and the Closing, Seller and Buyer shall cooperate with one another in creating joint plans for the transition of the
Business and the Acquired Assets from Seller to Buyer at and after the Closing. Seller shall not take any action that is intended to have the effect of discouraging any licensor, customer, supplier, or other business associate of the Business from
maintaining the same business relationship with Buyer after the Closing as it maintained with Seller prior to the Closing. For a period of six (6) months following the Closing, Seller shall use its reasonable efforts to refer all customer inquiries
relating to the Business to Buyer. 

  

	7.14	 	Allocation of the Purchase Price. The Seller Group and Buyer agree to work together between the date hereof and the Closing Date to allocate the Purchase Price among the Acquired

  

 Exhibits 
  
 Assets and to report the sale and purchase of the Purchased Assets for all federal, provincial and local tax purposes in a manner consistent with such allocation.
Buyer and the Seller Group agree that if any taxing authority does not agree with any allocation of the Purchase Price agreed to between the parties in accordance with the foregoing, the Seller Group and Buyer shall use their best efforts and good
faith to agree upon a different allocation acceptable to the relevant authority and, if the parties are so able to agree, they shall thereafter amend the allocation and their income tax returns accordingly; provided, however that nothing contained
herein shall be construed so as to require any party to commence or participate in any litigation or administrative process challenging the determination so made by any applicable authority. 
  

	7.15	 	Mail Handling. After the Closing Date, to the extent Seller receives any mail or packages addressed and delivered to Seller but related to the Business or the Acquired Assets, Seller
agrees that it will promptly transfer or deliver or cause to be promptly transferred or delivered to Buyer. 

  

	7.16	 	Obligations of Seller Affiliates. Parent shall cause and direct each Seller Affiliate to (i) perform the obligations of such Seller Affiliate under this Agreement and Ancillary
Agreements; and (ii) take all such actions as are necessary to effect the transactions contemplated by this Agreement and Ancillary Agreements. 

  

	7.17	 	Additional Documents, Further Assurances and Cooperation; Power of Attorney. Effective at the Closing, Seller hereby constitutes and appoints Buyer the true and lawful attorney of
Seller, with full power of substitution, in the name of Seller or Buyer, but on behalf of and for the benefit of Buyer and at Buyer’s cost and expense: (i) to demand and receive from time to time any and all the Acquired Assets and to make
endorsements and give receipts and releases for and in respect of the same and any part thereof; (ii) to institute, prosecute and settle any and all actions or proceedings that Buyer may deem proper in order to collect, assert or enforce any claim,
right or title of any kind in or to the Acquired Assets; (iii) to defend or settle any or all actions proceedings in respect of any of the Acquired Assets (other than actions or proceedings which Seller acknowledges and agrees in a written
instrument signed by Seller and delivered to Buyer constitute Excluded Liabilities); and (iv) to do all such acts and things in relation to the matters set forth in the preceding clauses (i) through (iii) as Buyer shall deem necessary or desirable.
Seller hereby acknowledges that the appointment hereby made and the powers hereby granted are coupled with an interest and are not and shall not be revocable by it in any manner or for any reason. Seller shall deliver to Buyer at the Closing an
acknowledged power of attorney to the foregoing effect executed by Seller. 

  

	7.18	 	Confidential Information known to Continuing Employees. The Parties agree that Seller’s Confidential Information related to the Business and known to the Continuing Employees is
included in the Acquired Assets under this Agreement. Accordingly, to the extent a Continuing Employee hired by Buyer would, as a result of an employment or other agreement between Seller and that Continuing Employee, be restricted from disclosing
Confidential Information to Buyer or from using information on Buyer’s behalf or otherwise in connection with the Continuing Employee’s employment by Buyer, Seller agrees to, and hereby does waive, in favor of Purchaser, any right that it
may have to enforce such restrictions and consents to Buyer’s use and disclosure of such information for its own benefit and on its own behalf, without restriction. 

  

 Exhibits 
  

	7.19	 	Knowledge of Buyer. Any due diligence review, audit or other investigation or inquiry undertaken or performed by or on behalf of Buyer shall not limit, qualify, modify or amend the
representations, warranties or covenants of, or indemnities by, Seller made or undertaken pursuant to this Agreement, irrespective of the knowledge and information received (or which should have been received) therefrom by Buyer.

  

	7.20	 	Indivisible Contracts. For each Indivisible Contract, Seller agrees that, at the request of Buyer and/or Buyer’s affiliates, it will seek to achieve an arrangement, mutually
acceptable to Buyer, Seller and the counter party to such Indivisible Contract, whereby Buyer may provide to such counter party products or services relating to the Business as called for or permitted pursuant to such Indivisible Contract and Buyer
will assume the associated obligations under such Indivisible Contract as they relate to the Business. With respect to any obligations under Indivisible Contracts which relate to the Business, Seller may request Buyer to provide reasonable support
and/or limited licenses in order to assist Seller in complying with the related obligations under such agreements; provided however, that the terms under which Buyer may determine to provide to Seller any of such support or licenses, including any
fees, shall be subject to the mutual agreement of Buyer and Seller. 

  

	7.21	 	GST. The Buyer and the Seller or the applicable Seller Affiliate, as the case may be, shall elect jointly under Subsection 167(1) of the GST Legislation, in the form prescribed for the
purposes of that subsection, in respect of the sale and transfer of the Acquired Assets hereunder, and Buyer shall file such election in its GST return for its reporting period that includes the Closing Date. 

  

	7.22	 	Books and Records. After the Closing Date and for a period consistent with Buyer’s standard record retention policies, Buyer will, in connection with any Tax or other matter
relating to the Business for any period ending on or prior to the Closing Date retain and, as Seller may reasonably request, permit Seller and its agents to inspect and copy, at Seller’s expense, all Books and Records that pertain to the matter
in question and relating to the periods ending on or prior to the Closing date. After the Closing Date, Seller shall provide Buyer and its agents reasonable access to books and records retained by Seller for any reasonable business purpose specified
by Buyer. 

  

	7.23	 	Additional Payment. In the event that: (i) Buyer shall have waived, in whole or in part, the condition to Closing set forth in Section 8.2(p), (ii) the Closing shall have
occurred, and (iii) a Restriction Release has not been delivered by Parent by December 31, 2003 with respect to all Restrictions, then Parent shall pay on December 31, 2003 in immediately available funds to Buyer the sum of (A) GBP 1,245,000 less
(B) all amounts paid or payable (under an existing claim) to Buyer pursuant to Section 9.2(a)(iii). The obligations of Parent under this Section 7.23 shall not be affected by any matters disclosed to Buyer on or prior to the Closing
Date. 

  

	7.24	 	UAE Agreement. Parent shall not extend the termination date of the UAE Agreement as it relates to the Product beyond December 31, 2003. 

  

 Exhibits 
  

	7.25	 	Excluded Tangible Assets. Buyer shall have the right to elect, at its sole discretion, not to have transferred to it any tangible assets related to the Business other than the Tangible
Assets, and shall notify Seller of its election thereof prior to the Closing Date. 

  
 ARTICLE 8 
 CONDITIONS TO THE CLOSING 
  

	8.1	 	Conditions to Each Party’s Obligation. The respective obligations of Buyer and Seller to effect the Acquisition shall be subject to the satisfaction at or prior to the Closing of
the following conditions: 

  

	 	(a)	 	No Injunctions or Restraints. No temporary restraining order, preliminary or permanent injunction or other order issued by any court of competent jurisdiction or other legal restraint
or prohibition preventing the consummation of the Acquisition shall be in effect, nor shall any proceeding brought by an administrative agency or commission or other governmental authority or instrumentality, domestic or foreign, seeking any of the
foregoing be pending. 

  

	 	(b)	 	No Order. No Governmental Entity shall have enacted, issued, promulgated or enforced any statute, rule, regulation, executive order, decree, injunction or other order (whether
temporary, preliminary or permanent) which is in effect and which has the effect of making the Acquisition or the other transactions contemplated by this Agreement or any of the Ancillary Agreements illegal or otherwise prohibit the consummation of
any of the foregoing. 

  

	 	(c)	 	Shareholder Approval. This Agreement shall have been approved and adopted by an ordinary resolution at a duly convened meeting of the shareholders of Parent, in accordance with the
rules of the UKLA. 

  

	 	(d)	 	Governmental Approvals. All approvals from Governmental Entities, if any, required to consummate the transactions contemplated hereby shall have been timely obtained.

  

	8.2	 	Condition to Buyer’s Obligation. The obligation of Buyer to effect the transactions contemplated hereby shall be subject to the satisfaction at or prior to the Closing of each of
the following conditions, any of which may be waived, in writing, exclusively by Buyer: 

  

	 	(a)	 	Representations and Warranties. The representations and warranties of Seller in this Agreement shall have been true and correct on the date of this Agreement and shall have been true
and correct in all material respects on and as of the Closing (other than those representations and warranties which were qualified by terms such as “material,” “materially,” or “Material Adverse Effect,” which
representations and warranties so qualified shall have been true and correct in all respects on and as of the Closing). 

  

 Exhibits 
  

	 	(b)	 	Covenants. Seller shall have performed and complied in all material respects with all covenants and obligations under this Agreement required to be performed and complied with by
Seller as of or prior to the Closing. 

  

	 	(c)	 	Litigation. There shall be no material action, suit, proceeding, arbitration, or governmental or regulatory investigation or audit of any nature pending against (i) Seller, its
properties or any of its officers or directors arising out of, or in any way connected with, the transactions contemplated hereby, or (ii) the Business, the Products, the Acquired Assets or the Offered Employees. 

  

	 	(d)	 	Third Party Consents. Buyer shall have received all consents, waivers, approvals, and assignments identified on Schedule 8.2(d), which Schedule may be updated by Buyer, at its
sole discretion, between the date hereof and July 11, 2003. 

  

	 	(e)	 	Release of Liens. Buyer shall have received from Seller a duly and validly executed copy of all agreements, instruments, certificates and other documents, in form and substance
reasonably satisfactory to Buyer, that are necessary or appropriate to evidence the release of all Liens identified on Schedule 8.2(e). 

  

	 	(f)	 	No Material Adverse Effect. There shall not have occurred any event or condition of any character that has had or is reasonably likely to have a Material Adverse Effect.

  

	 	(g)	 	New Employment Arrangements. Each of the Key Employees, eighty percent (80%) of the Offered Canadian Employees and each of the Offered Non-Canadian Employees listed on Schedule
1.1(hhh) shall have entered into employment arrangements with Buyer or one of its affiliates pursuant to his or her execution of an Offer Letter which indicates that, conditioned upon the Closing, he or she agrees to be an employee of Buyer or one
of its affiliates; provided, however that, with respect to the Offered Non-Canadian Employees, to the extent Schedule 1.1 (hhh) indicates that, with respect to any specific function in any specific region, more than one employee listed, e.g.,
“the support function in EMEA” or “the Sales Rep. function in the U.S.”, then, with respect to the Offered Non-Canadian Employees, this condition is satisfied as to the extent at least one of such employees agrees to be an
employee of Buyer or one it its affiliates. 

  

	 	(h)	 	Deliveries. Seller shall have delivered to Buyer executed copies of the Ancillary Agreements to which it is a party, and such Ancillary Agreements shall be in full force and effect.

  

	 	(i)	 	Legal Opinion of Seller and Parent. Buyer shall have received a legal opinion from Goodmans LLP, legal counsel to the Seller, in a form reasonably acceptable to Buyer and a legal
opinion from Parent in a form reasonably acceptable to Buyer. 

  

	 	(j)	 	Allocation of the Purchase Price. Seller and Buyer shall have agreed to an allocation of the Purchase Price among the Acquired Assets in a manner reasonably acceptable to Buyer.

  

 Exhibits 
  

	 	(k)	 	Certificate of Seller. Buyer shall have received a certificate, validly executed by an executive officer of Seller for and on its behalf, to the effect that: 

 

	 	(i)	 	All representations and warranties made by Seller in this Agreement were true and correct on the date of this Agreement and are true and correct in all material respects on and as of the
Closing (other than those representations and warranties which were qualified by terms such as “material,” “materially,” or “Material Adverse Effect,” which representations and warranties so qualified are true and
correct in all respects on and as of the Closing); provided that the representation in the first sentence of Section 4.10(n) will be considered to be qualified to the Seller’s knowledge for purposes of this Section;

  

	 	(ii)	 	All covenants and obligations under this Agreement to be performed or complied with by Seller on or prior to the Closing have been so performed or complied with in all material respects; and

  

	 	(iii)	 	The conditions to the obligations of Buyer set forth in this Section 8.2 have been satisfied (unless otherwise waived in accordance with the terms of this Agreement).

  

	 	(l)	 	Certificate of Secretary of Parent. Buyer shall have received a certificate, validly executed by the Secretary or an Assistant Secretary of Parent, certifying as to (i) the terms and
effectiveness of the Constating Documents of Parent, Seller and any Seller Affiliates executing any Ancillary Agreements, (ii) the valid adoption of resolutions of the Board of Directors of Parent approving this Agreement and the consummation of the
transactions contemplated hereby and (iii) the incumbency of the officers executing this Agreement or any of the Ancillary Agreements to which Seller or any Seller Affiliate is a party. 

  

	 	(m)	 	Bulk Sales Compliance. Buyer shall have been furnished with evidence satisfactory to it that the purchase and sale of the Acquired Assets shall be in compliance with the provisions of
the Bulk Sales Act (Ontario), which compliance may be in the form of an order of the court granted pursuant to Section 3 of the Bulk Sales Act (Ontario). 

  

	 	(n)	 	Retail Sales Tax Certificate. Buyer shall have been furnished by Seller or a Seller Affiliate a certificate issued by the Minister of Revenue of Ontario under subsection 6(1) of the
Retail Sales Tax Act (Ontario). 

  

	 	(o)	 	Intellectual Property Deliveries. Seller shall have: 

  

	 	(i)	 	Delivered to Buyer a duly completed form of registration and transfer for the Copyright in the current version of the Product, in a form acceptable to Buyer; 

  

	 	(ii)	 	Delivered to Buyer a complete and accurate list of the files comprising the current version of the Product, which will be added to Schedule 1.1(nnn); 

  

 Exhibits 
  

	 	(iii)	 	Delivered to Buyer documents demonstrating that Seller has taken all reasonable actions to have Seller be listed as the owner of record at the PTO for any Patents included in the Transferred
Intellectual Property Rights. 

  

	 	(p)	 	Restriction Release. With respect to each Restriction, Parent shall have delivered to Buyer (i) a fully executed copy of the associated Restriction Release and (ii) an officer’s
certificate executed by an executive officer of Parent stating that each Restriction is no longer in effect and that each Restriction Release has been duly authorized, executed and delivered by Parent and is a binding and enforceable Contract.

  

	 	(q)	 	Amendment of Agreement. The Source Code Escrow Agreement among Baltimore Technologies Limited, NCC Escrow International Limited and Baltimore Technologies Japan Co., Ltd. (the
“BTJ Source Code Agreement”) shall have been amended such that the source code release events in such agreement shall contain only the standard release events described paragraph 6.1 of the NCC Escrow Form attached as Schedule
8.2(q) and Buyer shall be reasonably satisfied, and an officer of the Seller shall certify, that (a) no events shall have occurred prior to Closing that would result in a source code release event under the BTJ Source Code Escrow Agreement and
that (b) consummation of the transactions contemplated by this Agreement, in and of itself, would not result in a source code release event under such agreement. 

  

	8.3	 	Condition to Seller’s Obligation. The obligation of Seller to effect the transactions contemplated hereby shall be subject to the satisfaction at or prior to the Closing of each
of the following conditions, any of which may be waived, in writing, exclusively by Seller: 

  

	 	(a)	 	Representations and Warranties. The representations and warranties of Buyer in this Agreement shall have been true and correct on the date of this Agreement and shall have been true
and correct in all material respects on and as of the Closing (other than those representations and warranties which were qualified by terms such as “material,” “materially,” or “Material Adverse Effect,” which
representations and warranties so qualified shall have been true and correct in all respects on and as of the Closing). 

  

	 	(b)	 	Covenants. Buyer shall have performed and complied in all material respects with all covenants and obligations under this Agreement required to be performed and complied with by Buyer
as of or prior to the Closing. 

  

	 	(c)	 	Deliveries. Buyer shall have delivered to Seller executed copies of the Ancillary Agreements to which it is a party, and such Ancillary Agreements shall be in full force and effect.

  

	 	(d)	 	Officer’s Certificate of Buyer. Seller shall have received a certificate, validly executed by an executive officer of Buyer for and on its behalf, to the effect that:

  

	 	(i)	 	All representations and warranties made by Buyer in this Agreement were true and correct on the date of this Agreement and are true and correct in all material respects

  

 Exhibits 
  

	 	  	 	on and as of the Closing (other than those representations and warranties which were qualified by terms such as “material,” “materially,” or “Material Adverse
Effect,” which representations and warranties so qualified are true and correct in all respects on and as of the Closing). 

  

	 	(ii)	 	All covenants and obligations under this Agreement to be performed or complied with by Buyer on or prior to the Closing have been so performed or complied with in all material respects; and

  

	 	(iii)	 	The conditions to the obligations of Seller set forth in this Section 8.3 have been satisfied (unless otherwise waived in accordance with the terms of this Agreement).

  

	 	(e)	 	Certificate of Secretary of Buyer. Seller shall have received a certificate, validly executed by the Secretary or an Assistant Secretary of Buyer, certifying as to (i) the terms and
effectiveness of the Constating Documents of Buyer, (ii) the valid adoption of the resolutions of the Board of Directors of Buyer approving this Agreement and the consummation of the transactions contemplated hereby, and (iii) the incumbency of the
officers executing this Agreement or any of the Ancillary Agreements to which Buyer is a party. 

  
 ARTICLE 9 
 SURVIVAL OF REPRESENTATIONS AND WARRANTIES; INDEMNIFICATION 
  

	9.1	 	Survival. The representations and warranties of Seller and Parent contained in this Agreement, or in any certificate or other instrument delivered pursuant to this Agreement, shall
terminate on the date which is one year following the Closing Date (the “Indemnification Period”); provided, however that the representations and warranties of Seller contained in Section 4.2 shall survive
indefinitely, and the representations and warranties contained in Section 4.7 and Section 4.10 shall not terminate until the expiration of the applicable statute of limitations. The representations warranties of Buyer contained in this
Agreement, or in any certificate or other instrument delivered pursuant to this Agreement, shall terminate at the Closing. 

  

	9.2	 	Indemnification. 

  

	 	(a)	 	Parent agrees to indemnify and hold the Indemnified Parties harmless against all Losses paid, incurred, accrued or sustained by the Indemnified Parties (or any of them), directly or
indirectly, as a result of (i) any breach of a representation or warranty of Seller or Parent contained in this Agreement (including the Disclosure Schedule) or in any certificate, instrument, or other document delivered pursuant to this Agreement,
(ii) any failure by Seller or Parent to perform or comply with any covenant applicable to it contained in this Agreement or any Ancillary Agreement to which it is a party, (iii) any Excluded Liabilities, (iv) Seller’s or Parent’s failure
to deliver (or have delivered) to Buyer any of the Acquired Assets, or (v) any failure of Seller to obtain Restriction Release for each Restriction; provided, however, that Parent’s indemnification obligations pursuant to Section
9.2(a)(v) shall terminate immediately upon payment by Parent to Buyer of the amount described in Section 7.23. 

  

 Exhibits 
  

	 	(b)	 	Nothing contained in this Section 9.2 or elsewhere in this Agreement shall limit the liability of Parent for any reach of or inaccuracy in any representation, warranty or covenant of
Seller or Parent if the Acquisition does not occur. 

  

	9.3	 	Limitations on Indemnification. 

  

	 	(a)	 	Parent shall not be liable under Section 9.2 for any Loss paid, incurred, accrued or sustained by an Indemnified Party as a result of any breach or inaccuracy of a representation or
warranty of Seller or Parent contained in this Agreement or in any certificate, instrument, or other document delivered pursuant to this Agreement until the Indemnified Parties (or any of them), have delivered to Seller or Parent one or more
Officer’s Certificates identifying Losses paid, incurred, accrued or sustained are in excess of the Basket Amount in which case the Indemnified Parties, or any of them, shall be entitled to recover all Losses so identified, to the extent such
Losses have been finally determined to be payable by Seller or Parent pursuant to Section 9.4 or Section 9.5. Notwithstanding the immediately preceding sentence, Buyer shall be entitled to recover for, and the Basket Amount shall not
apply as a threshold to, (i) any Loss incurred, accrued or sustained by an Indemnified Party arising or resulting from fraud or fraudulent misrepresentation with respect to representations and warranties of Seller or Parent contained in this
Agreement or in any certificate, instrument, or other document delivered pursuant to this Agreement, or (ii) any Losses incurred as a result of Excluded Liabilities. 

  

	 	(b)	 	Following the Closing, the maximum aggregate liability of Parent under this Agreement pursuant to Section 9.2(a)(i) and (ii), shall not exceed fifteen percent (15%) of the Purchase Price and
the maximum aggregate liability of Parent under this Agreement pursuant to Section 9.2(a)(v) shall not exceed fifteen percent (15%) of the Purchase Price; provided, however, that notwithstanding the foregoing, nothing contained in this
Section 9.3(b) or elsewhere in this Agreement shall be deemed to limit, restrict or otherwise impair or deny any claim or right that Buyer or any other Indemnified Party may have against Parent or any other person as a result of: (i)
intentional, knowing or willful breach of this Agreement, fraud, or similar circumstances or (ii) Losses incurred as a result of Excluded Liabilities. Buyer agrees that its exclusive remedy (and the exclusive remedy of any Indemnified Party) against
Parent in respect of Losses is as set forth in this Article 9. Buyer agrees that its indemnification rights pursuant to this Article 9 shall be its sole and exclusive remedy against Parent with respect to any Loss paid, incurred,
accrued or sustained after the Closing. 

  

	9.4	 	Indemnification Procedure. An Indemnified Party seeking indemnification shall deliver an Officer’s Certificate to Seller. Seller may object to such any claim set forth in such
Officer’s Certificate by providing written notice to such Indemnified Party specifying the basis for Seller’s objection, within ten (10) business days following delivery of such Officer’s Certificate to Seller. If an objection to the
amount of Losses specified in such Officer’s Certificate is provided by Seller, and Seller and the Indemnified Party are unable to resolve such dispute after good faith discussions within ten (10) business days following the delivery of such
objection notice, such dispute shall be resolved in accordance with an arbitration proceeding conducted by ADR Chambers, Inc., in Toronto, Ontario, in accordance with the procedures established by ADR Chambers, Inc. If no such objection is made,
Seller shall promptly pay the claim. 

  

 Exhibits 
  

	9.5	 	Third Party Claims. In the event Buyer becomes aware of a third-party claim that Buyer reasonably believes may result in a demand for indemnification pursuant to this Article 9,
Buyer shall notify Seller of such claim, and Seller shall be entitled, at its expense, to participate in, but not to determine or conduct, the defense of such claim. Buyer shall have the right in its sole discretion to conduct the defense of and
settle any such claim; provided, however, that except with the consent of the Seller, no settlement of any such claim with third-party claimants shall be determinative of the amount of Losses relating to such matter. In the event that Seller
has consented to any such settlement, Seller shall have no power or authority to object under any provision of this Article 9 to the amount of any claim by Buyer against Seller with respect to such settlement. If there is a third-party claim
that, if adversely determined would give rise to a right of recovery for Losses hereunder, then any amounts incurred or accrued in defense of such third-party claim, regardless of the outcome of such claim, shall be deemed Losses hereunder.

  
 ARTICLE 10 
 TERMINATION, AMENDMENT AND WAIVER 
  

	10.1	 	Termination. Except as provided in Section 10.2. this Agreement may be terminated and the Acquisition abandoned at any time prior to the Closing: 

  

	 	(a)	 	By the mutual written agreement of the parties; 

  

	 	(b)	 	By either Buyer or Seller, if (i) the Closing has not occurred by September 30, 2003; provided, however, that the right to terminate this Agreement under this Section 10.1(b),
(i) shall not be available to any party whose willful failure to fulfill any obligation hereunder or other breach of this Agreement has been the cause of, or resulted in, the failure of the Closing to occur on or before such date; (ii) there shall
be in effect a final nonappealable order of a federal, state or provincial court preventing consummation of the Acquisition; or (iii) there shall be any statute, rule, regulation or order enacted, promulgated or issued or deemed applicable to the
Acquisition by any Governmental Entity that would make consummation of the Acquisition illegal; 

  

	 	(c)	 	By Buyer, if it is not in material breach of its obligations under this Agreement and there has been a breach of any representation, warranty, covenant or agreement contained in this
Agreement on the part of Seller and (i) Seller is not using its commercially reasonable efforts to cure such breach, or has not cured such breach within 15 days, after notice of such breach has been give by Buyer to Seller in accordance with
Section 11.1; provided, however, that, no cure period shall be required for any such breach which by its nature cannot be cured and (ii) as a result of such breach, one or more of the conditions set forth in Section 8.1 or
Section 8.2 would not be satisfied at or prior to the Closing; 

  

 Exhibits 
  

	 	(d)	 	By Seller, if it is not in material breach of its obligations under this Agreement and there has been a breach of any representation, warranty, covenant or agreement contained in this
Agreement on the part of Buyer and (i) Buyer is not using its commercially reasonable efforts to cure such breach, or has not cured such breach within 15 days, after notice of such breach has been give by Seller to Buyer in accordance with
Section 11.1; provided, however, that, no cure period shall be required for any such breach which by its nature cannot be cured and (ii) as a result of such breach, one or more of the conditions set forth in Section 8.1 or
Section 8.3 would not be satisfied at or prior to the Closing; 

  

	 	(e)	 	By Buyer, if there shall have occurred any event or condition of any character that has had a Material Adverse Effect; 

  

	 	(f)	 	By Buyer, if there shall be any action taken, or any statute, rule, regulation or order enacted, promulgated or issued after the date of this Agreement by any Governmental Entity, which would
(i) prohibit or materially and adversely restrict Buyer’s ownership or operation of any portion of the Business of the Acquired Assets or (ii) compel Buyer to dispose of or hold separate all or any portion of the Acquired Assets or the Business
as a result of the Acquisition; or 

  

	 	(g)	 	By either Buyer or Seller if (i) the Resolution is not duly passed at the Shareholders’ Meeting (or any adjournment thereof) or at any further meeting required to be convened under
Section 7.4; provided, however, that the right to terminate this Agreement under this Section 10.1(g) shall not be available to Seller where the failure to obtain approval of the Resolution shall have been caused by the action or
failure to act of Seller or its Board of Directors, except to the extent otherwise permitted by Section 7.5; or (ii) Seller enters into an agreement to complete a transaction based on a Conflicting Proposal in compliance with Section
7.5. 

  

	 	(h)	 	By Buyer upon any failure by Parent to comply with the requirements of Section 7.5(b). 

  

	10.2	 	Procedure for and Effect of Termination. 

  

	 	(a)	 	In the event of the termination of this Agreement by any of the parties in accordance with Section 10.1, written notice to the non-terminating party shall be given by the terminating
party in accordance with Section 11.1. 

  

	 	(b)	 	In the event of the termination of this Agreement as provided in Section 10.1, this Agreement shall forthwith become void and there shall be no liability or obligation on the part of
Buyer or Seller, or their respective officers, directors or stockholders, provided that each Party shall remain liable for any fraud, intentional misrepresentation or willful or intentional breach of this Agreement prior to its termination;
and provided further, that the provisions of Section 7.7, Article 11, this Section 10.2 and the applicable definitions in Article 1 shall remain in full force and effect and survive any termination of this
Agreement. 

  

 Exhibits 
  

	10.3	 	Payment by Seller. Seller agrees that it shall pay to Buyer (i) GBP 83,000 (which Seller acknowledges is not subject to approval of Parent’s shareholders in general meeting); and
(ii) subject to approval of the shareholders of Parent in general meeting in accordance with the Listing Rules of the UKLA, GBP 317,000, in each case exclusive of any value added tax chargeable thereon, (in aggregate the “Termination
Fee”) as compensation for its out-of-pocket costs and expenses incurred in connection with the entering into of this Agreement and the transactions contemplated by this Agreement in the event this Agreement is terminated by Buyer or Seller:

  

	 	(a)	 	pursuant to Section 10.1(g)(i), provided that within 12 months of the date of termination of this Agreement, Seller shall have completed a transaction based on a Conflicting Proposal
(in which case Seller shall pay the Termination Fee to Buyer upon consummation of such transaction); or 

  

	 	(b)	 	pursuant to Section 10.1(g)(ii) (in which case Seller shall pay the Termination Fee to Buyer within two business days of the Termination of this Agreement). 

 

	10.4	 	Amendment. This Agreement may be amended by the parties only by the execution and delivery of an instrument in writing signed on behalf of both parties. 

  

	10.5	 	Extension; Waiver. At any time prior to the Closing, Buyer, on the one hand, and Seller, on the other hand, may, to the extent legally allowed, (a) extend the time for the performance
of any of the obligations of the other party, (b) waive any inaccuracies in the representations or warranties made to such party contained herein or in any certificate, instrument or other document delivered pursuant the this Agreement, on or prior
to the Closing Date, (c) waive compliance with any of the agreements or conditions for the benefit of such party contained herein and (d) waive any conditions to the Closing contained herein. No such waiver shall operate as a waiver of any further
or other inaccuracies or breaches. Any agreement on the part of a party to any such extension or waiver shall be valid only if set forth in a written instrument and signed and delivered on behalf of such party. 

  
 ARTICLE 11 
 MISCELLANEOUS 
  

	11.1	 	Notices. All notices and other communications hereunder shall be in writing and shall be deemed given if delivered personally or by pre-paid overnight or same-day commercial messenger
or courier service, or mailed by registered or certified mail (return receipt requested) or sent via facsimile (with acknowledgment of complete transmission) to the parties at the following addresses (or at such other address for a party as shall be
specified by like notice): 

  

	 	(a)	 	if to Buyer, to: 

  
 Hewlett-Packard (Canada) Co. 
 5150 Spectrum Way 
  

 Exhibits 
  
 Mississauga, Ontario 
 L4W 5G1

 Fax: (905) 206-4191 
  
 with a copy to each of (which shall not constitute notice): 
  
 Hewlett-Packard Company 
 3000 Hanover Street 
 Palo Alto,
California 94304 
 Attention: General Counsel 
 Fax: (650) 857 4837 
  
 and 
  
 Wilson Sonsini Goodrich & Rosati 
 650 Page Mill Road 
 Palo Alto, CA 94304 
 Attn: Martin W. Korman, Esq. 
 Fax: (650) 493-6811 
  

	 	(b)	 	if to Parent, to: 

  
 Baltimore Technologies plc 
 Innovation House 
 Mark Road 
 Hemel Hempstead 
 Hertfordshire 
 HP2 7DN 
 Fax: +44 1442 266 438

  

	 	(c)	 	if to Seller, to: 

  
 Baltimore Technologies Inc. 
 121 King Street West, Suite 1000 
 P.O. Box 10 
 Toronto, Ontario 
 M5H 3T9

 Fax: (416) 504 2399 
  
 with a copy to (which shall not constitute notice): 
  
 Goodmans LLP 
 250 Yonge Street,
Suite 2400 
 Toronto, Ontario 
 M5B 2M6 
 Attn: Tim Heeney 
 Fax: (416) 979-1234 
  

 Exhibits 
  
 All such notices, requests and other communications will (a) if delivered personally to the address as provided in this Section 11.1, be deemed given upon delivery, (b) if
delivered by facsimile transmission to the facsimile number as provided for in this Section 11.1, be deemed given upon facsimile confirmation, and (c) if delivered by messenger or courier to the address as provided in this Section
11.1, be deemed given on the earlier of the first business day following the date sent by such messenger or courier upon receipt (in each case regardless of whether such notice, request or other communication is received by any other Person to
whom a copy of such notice is to be delivered pursuant to this Section 11.1). Any party from time to time may change its address, facsimile number or other information for the purpose of notices to that party by giving notice specifying such
change to the other parties hereto. 
  

	11.2	 	Entire Agreement. This Agreement, the Exhibits and Schedules hereto, the Ancillary Agreements and the documents and instruments and other agreements among the parties referenced herein
or therein constitute the entire agreement among the parties with respect to the subject matter hereof and thereof and supersede all prior agreements and understandings, both written and oral, among the parties with respect to the subject matter
hereof and thereof. 

  

	11.3	 	No Third Party Beneficiaries. This Agreement is solely for the benefit of (a) Buyer and its successors and permitted assigns with respect to the obligations of Seller under this
Agreement and (b) Seller and its successors and permitted assigns with respect to the obligations of Buyer under this Agreement. This Agreement shall not be deemed to confer upon or give to any other third party any remedy, claim, right to
reimbursement, cause of action or other right, unless expressly provided for in this Agreement. 

  

	11.4	 	Headings. The headings and table of contents used in this Agreement have been inserted for convenience of reference only and do not define, limit, describe, explain, modify, amplify or
add to the interpretation, construction or meaning of any provision of, or scope or intent of, this Agreement nor in any way effect this Agreement. 

  

	11.5	 	Severability. In the event that any provision of this Agreement or the application thereof, becomes or is declared by a court of competent jurisdiction to be illegal, void or
unenforceable, the remainder of this Agreement will continue in full force and effect and the application of such provision to other Persons or circumstances will be interpreted so as reasonably to effect the intent of the parties. The parties
further agree to replace such void or unenforceable provision of this Agreement with a valid and enforceable provision that will achieve, to the extent possible, the economic, business and other purposes of such void or unenforceable provision.

  

	11.6	 	Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the Province of Ontario, regardless of the laws that might otherwise govern under
applicable principles of conflicts of laws thereof. 

  

 Exhibits 
  

	11.7	 	Consent to Jurisdiction. In the event either party to this Agreement commences any litigation, proceeding or other legal action in connection with or relating to this Agreement, any
Ancillary Agreement or any matters contemplated hereby or thereby, each party to this Agreement hereby (a) agrees that any such litigation, proceeding or other legal action may be brought in a court of competent jurisdiction located within Toronto,
Ontario, Canada, (b) agrees that in connection with any such litigation, proceeding or action, such party will consent and submit to personal jurisdiction in any such court described in clause (a) of this Section 11.7 and to service of
process upon it in accordance with the rules and statutes governing service of process, (c) agrees to waive to the full extent permitted by applicable law any objection that it may now or hereafter have to the venue of any such litigation,
proceeding or action in any such court or that any such litigation, proceeding or action was brought in an inconvenient forum, (d) agrees as an alternative method of service to service of process in any such litigation, proceeding or action by
mailing of copies thereof to such party at its address set forth in Section 11.1, (e) agrees that any service made as provided herein shall be effective and binding service in every respect, and (f) agrees that nothing herein shall affect the
rights of either party to effect service of process in any other manner permitted by applicable law. 

  

	11.8	 	Waiver of Jury Trial. EACH OF BUYER AND SELLER HEREBY IRREVOCABLY WAIVES ALL RIGHT TO TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM (WHETHER BASED ON CONTRACT, TORT OR
OTHERWISE) ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE ACTIONS OF BUYER OR SELLER IN THE NEGOTIATION, ADMINISTRATION, PERFORMANCE AND ENFORCEMENT THEREOF, INCLUDING THE REPUDIATION OF THIS AGREEMENT. 

  

	11.9	 	Assignment. No party may assign or delegate either this Agreement or any of its rights, interests, or obligations hereunder without the prior written approval of the other party.

  

	11.10	 	Successors and Assigns. The obligations of Buyer and each member of the Seller Group under this Agreement shall be binding upon each of them and their respective successors and
permitted assigns. The rights of Buyer and each member of the Seller Group under this Agreement shall inure to the benefit of each of them and their respective successors and permitted assigns. Seller shall ensure that any third party purchasing the
shares or assets of any member of the Seller Group shall continue to be bound by the obligations hereunder or the Seller Group shall retain sufficient resources to ensure that it is able to continue to provide the benefits hereunder.

  

	11.11	 	Counterparts. This Agreement may be executed in one or more counterparts, all of which shall be considered one and the same agreement and shall become effective when one or more
counterparts have been signed by each of the Parties and delivered to the other Party, it being understood that all Parties need not sign the same counterpart. 

  

	11.12	 	Fees and Expenses. Subject to Section 9.2 all fees, costs and expenses incurred by a party in connection with this Agreement and the transactions contemplated hereby shall be
paid by the party incurring such fees, costs and expenses, including fees, costs and expenses of any broker, finder, attorney or other similar agent. 

  

 Exhibits 
  

	11.13	 	Specific Performance. The parties agree that irreparable damage would occur in the event that any of the provisions of this Agreement were not performed in accordance with their
specific terms or were otherwise breached. It is accordingly agreed that the parties shall be entitled to an injunction or injunctions to prevent breaches of this Agreement and to enforce specifically the terms and provisions hereof in any court of
the United States or Canada or any state or province having jurisdiction, this being in addition to any other remedy to which they are entitled at law or in equity. 

  

	11.14	 	Exhibits and Schedules. The Exhibits and Schedules to this Agreement, including the Disclosure Schedule, form an integral part of this Agreement and are hereby incorporated by
reference into this Agreement wherever reference is made to them to the same extent as if they were set out in full. 

  

	11.15	 	Other Remedies. Except as otherwise provided herein, any and all remedies herein expressly conferred upon a party will be deemed cumulative with and not exclusive of any other remedy
conferred hereby, or by law or equity upon such party, and the exercise by a party of any one remedy will not preclude the exercise of any other remedy. 

  
 [Remainder of page left intentionally blank] 
  

 Exhibits 
  
 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first above written. 
  

			
	HEWLETT-PACKARD (CANADA) CO.
		
	 By:
	 	 Paul Tsaparis

	 Name:
	 	  

	 Title:
	 	  

	
	BALTIMORE TECHNOLOGIES INC.
		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

	
	BALTIMORE TECHNOLOGIES PLC
		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

  

 Exhibits 
  
 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first above written. 
  

			
	HEWLETT-PACKARD (CANADA) CO.
		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

	
	BALTIMORE TECHNOLOGIES INC.
		
	 By:
	 	 S. J. ENOCH

	 Name:
	 	 Simon ENOCH

	 Title:
	 	 Director

	
	BALTIMORE TECHNOLOGIES PLC
		
	 By:
	 	 Bijan KHEZRI

	 Name:
	 	 Bijan KHEZRI

	 Title:
	 	 CEO, DirectorAgreement between the Company and beTRUSTed (Omniroot)

 Exhibits 
  
 EXHIBIT 4.7 
  
 EXECUTION COPY 
  

  
 ASSET PURCHASE AGREEMENT 
  
 between 
  
 beTRUSTed US INC. and beTRUSTed (UK) LIMITED 
  
 and 
  
 BALTIMORE TECHNOLOGIES INC. 
  
 Dated as of July 21,
2003 
  

  

 Exhibits 
  
 EXECUTION COPY 
  
 TABLE OF CONTENTS 
  

							
	 	  	 	  	 	  	Page

	 1.
	  	 Definitions.
	  	1
			
	 2.
	  	 Purchase and Sale of Assets; Assumption of Liabilities.
	  	4
				
	 	  	(a)	  	 Purchase and Sale of Assets
	  	4
	 	  	(b)	  	 Excluded Assets
	  	4
	 	  	(c)	  	 Assumption of Liabilities
	  	5
	 	  	(d)	  	 Excluded Liabilities
	  	5
	 	  	(e)	  	 Purchase Price
	  	6
	 	  	(f)	  	 The Closing
	  	7
	 	  	(g)	  	 Deliveries at the Closing
	  	7
	 	  	(h)	  	 Closing Costs, Transfer Taxes and Fees
	  	7
			
	 3.
	  	 Representations and Warranties of the Seller
	  	8
				
	 	  	(a)	  	 Organization of the Seller
	  	8
	 	  	(b)	  	 Authorization of Transaction
	  	8
	 	  	(c)	  	 Noncontravention
	  	8
	 	  	(d)	  	 Brokers’ Fees
	  	8
	 	  	(e)	  	 Title to Tangible Assets
	  	8
	 	  	(f)	  	 Legal Compliance
	  	9
	 	  	(g)	  	 Tax Matters.
	  	9
	 	  	(h)	  	 Certain Financial Information
	  	9
	 	  	(i)	  	 Customer Contracts
	  	10
	 	  	(j)	  	 Intentionally Omitted
	  	10
	 	  	(k)	  	 Litigation
	  	10
	 	  	(l)	  	 Disclaimer of other Representations and Warranties
	  	10
			
	 4.
	  	 Representations and Warranties of the Buyer
	  	10
				
	 	  	(a)	  	 Organization of the Buyer
	  	10
	 	  	(b)	  	 Authorization of Transaction
	  	10
	 	  	(c)	  	 Noncontravention
	  	10
	 	  	(d)	  	 Brokers’ Fees
	  	11
	 	  	(e)	  	 Investigation
	  	11
			
	 5.
	  	 Pre-Closing Covenants
	  	11
				
	 	  	(a)	  	 General
	  	11
	 	  	(b)	  	 Notices and Consents
	  	11
	 	  	(c)	  	 Operation of Business
	  	12
	 	  	(d)	  	 Full Access
	  	12
	 	  	(e)	  	 Notice of Developments
	  	12
	 	  	(f)	  	 Retention of Employees
	  	12

  

 Exhibits 
  
 EXECUTION COPY 
  

							
	 6.
	  	 Conditions to Obligation to Close.
	  	12
				
	 	  	(a)	  	 Conditions to Obligation of the Buyer
	  	12
	 	  	(b)	  	 Conditions to Obligation of the Seller
	  	13
			
	 7.
	  	 Termination.
	  	14
				
	 	  	(a)	  	 Termination of Agreement
	  	14
	 	  	(b)	  	 Effect of Termination
	  	15
			
	 8.
	  	 Miscellaneous.
	  	15
				
	 	  	(a)	  	 Survival of Representations, Warranties and Agreements; No Other Representations and Warranties
	  	15
	 	  	(b)	  	 Confidentiality
	  	15
	 	  	(c)	  	 Press Releases and Public Announcements
	  	16
	 	  	(d)	  	 No Third-Party Beneficiaries
	  	16
	 	  	(e)	  	 Entire Agreement
	  	16
	 	  	(f)	  	 Succession and Assignment
	  	16
	 	  	(g)	  	 Counterparts
	  	17
	 	  	(h)	  	 Nonforeign Affidavit
	  	17
	 	  	(i)	  	 Notices
	  	17
	 	  	(j)	  	 Governing Law; Waiver of Jury Trial
	  	18
	 	  	(k)	  	 Limitation on Liability
	  	18
	 	  	(l)	  	 Amendments and Waivers
	  	19
	 	  	(m)	  	 Severability
	  	19
	 	  	(n)	  	 Expenses
	  	19
	 	  	(o)	  	 Construction
	  	19
	 	  	(p)	  	 Incorporation of Exhibits and Schedules
	  	19
	 	  	(q)	  	 Bulk Transfer Laws
	  	20

  

 Exhibits 
  
 Execution Copy 
  
 ASSET PURCHASE AGREEMENT 
  
 Agreement
entered into as of July 21, 2003, by and between beTRUSTed US INC., a Delaware corporation (“beTrusted US”), and beTRUSTed (UK) LIMITED, a United Kingdom corporation (“beTrusted UK” and together with beTrusted US, the
“Buyer”), and BALTIMORE TECHNOLOGIES INC., a Massachusetts corporation (the “Seller”). The Buyer and the Seller are referred to collectively herein as the “Parties.” 
  
 WHEREAS, the Buyer desires to purchase the Acquired Assets (as defined below) and to assume the Assumed
Liabilities (as defined below) from the Seller, and the Seller desires to sell the Acquired Assets and transfer the Assumed Liabilities to the Buyer, upon the terms and subject to the conditions hereinafter set forth; 
  
 NOW, THEREFORE, in consideration of the mutual covenants and promises contained herein and for other
good and valuable consideration the receipt and adequacy of which are hereby acknowledged, the Parties hereto agree as follows: 
  

	1.	 	Definitions. 

  
 “Acquired Assets” has the meaning set forth in Section 2(a). 
  
 “Acquired Business” means hosting business (and related support) of the Seller as conducted on the date hereof.

  
 “Affiliate” has the meaning set forth in Rule 12b-2 of
the regulations promulgated under the Securities Exchange Act of 1934, as amended. 
  
 “Assumed Liabilities” has the meaning set forth in Section 2(c). 
  
 “Books and Records” means (i) all records and lists of the Seller, including lists of customers, suppliers or personnel, (ii) all product, business
and marketing plans of the Seller, and (iii) all books, ledgers, files, reports, plans, drawings and operating records of every kind maintained by the Seller, in each case relating directly to the Acquired Business, but excluding the Seller’s
minute books, stock books or other corporate records. 
  
 “Business
Employees” has the meaning set forth in Section 5(f). 
  
 “Cash” means cash and cash equivalents (including marketable securities and short term investments) calculated in accordance with GAAP. 
  
 “Closing” has the meaning set forth in Section 2(f). 
  
 “Closing Date” has the meaning set forth in Section 2(f). 
  
 “Code” means the Internal Revenue Code of 1986, as amended.

  
 “Confidential Information” means any information
concerning the businesses and affairs of the Acquired Business, the Acquired Assets, the Assumed Liabilities, the Seller and its Subsidiaries that is not already generally available to the public (including, the terms or existence of this
Agreement). 
  

 Exhibits 
  
 Execution Copy 
  
 “Contract” means all contracts, leases, licenses, commitments, understandings and agreements, whether oral or written or express or implied,
relating directly to the Acquired Business to which the Seller is a party or is bound. 
  
 “Customer Contracts” means the written Contracts between the Seller and its customers which relate to the Acquired Business and are being assigned to and assumed by the Buyer and are identified on Schedule 3(i)
of the Seller Disclosure Schedule. 
  
 “Excluded Assets”
has the meaning set forth in Section 2(b). 
  
 “Excluded
Liabilities” has the meaning set forth in Section 2(d). 
  
 “GAAP” means United States generally accepted accounting principles as in effect from time to time. 
  
 “Included Equipment” means all of the machinery, equipment and other tangible personal property owned, leased or licensed by the Seller which is
used or held for use in the operation of the Acquired Business and is to be acquired by or assigned to the Buyer and which is identified on Schedule 1 of the Seller Disclosure Schedule. 
  
 “Included Licenses and Maintenance Agreements” means all of the licenses and maintenance agreements used or held for
use by the Seller in the operation of the Acquired Business which are to be assigned to Buyer and which are identified on Schedule 3(j) of the Seller Disclosure Schedule. 
  
 “Income Tax” means any federal, state, local, or foreign income tax, including any interest, penalty, or addition
thereto, whether disputed or not. 
  
 “Income Tax Return”
means any return, declaration, report, claim for refund, or information return or statement relating to Income Taxes, including any schedule or attachment thereto. 
  
 “Knowledge” means the actual knowledge of an officer of the applicable Person without independent investigation.

  
 “License Agreement” has the meaning set forth in
Section 6(a)(vii) 
  
 “Material Adverse Effect” means a
material adverse effect on the financial condition of the Acquired Business taken as a whole or on the ability of the Parties to consummate the transactions contemplated by this Agreement. 
  
 “Permits” means all licenses, permits, approvals, authorizations or
consents of any governmental authority, whether foreign, federal, state or local, relating directly to the Acquired Business as currently conducted. 
  

 Exhibits 
  
 Execution Copy 
  
 “Person” means an individual, a partnership, a corporation, an association, a joint stock company, a trust, a joint venture, an unincorporated
organization, or a governmental entity (or any department, agency, or political subdivision thereof). 
  
 “Proprietary Rights” means (i) all inventions (whether patentable or unpatentable and whether or not reduced to practice), all improvements
thereto, and all patents, patent applications and patent disclosures, together with all reissuances, continuations, continuations-in-part, revisions, extensions and reexaminations thereof, (ii) all trademarks, service marks, trade dress, trade
rights, logos, trade names and corporate names, together with all translations, adaptions, derivations and combinations thereof and including all goodwill associated therewith, and all applications, registrations and renewals in connection
therewith, (iii) all copyrightable works, all copyrights and all applications, registrations and renewals in connection therewith, (iv) all mask works and all applications, registrations and renewals in connection therewith, (v) all trade secrets
and confidential business information (including ideas, research and development, know-how, formulas, compositions, manufacturing and production processes and techniques, technical data, designs, drawings, specifications, customer and supplier
lists, pricing and cost information and business and marketing plans and proposals), (vi) all computer software (including data and related documentation), (vii) all other proprietary rights, (viii) all copies and tangible embodiments thereof (in
whatever form or medium) and (ix) all rights to use any copyrights, trademarks or service marks, trade names, trade rights, patents or other proprietary rights, in each case relating directly to the operation of the Acquired Business. 
  
 “Purchase Price” has the meaning set forth in Section 2(e)(i).

  
 “Purchase Price Allocation Schedule” has the meaning
set forth in Section 2(e)(ii). 
  
 “Security Interest”
means any mortgage, pledge, lien, encumbrance, charge, or other security interest, other than (a) mechanic’s, materialmen’s, and similar liens, (b) liens for taxes not yet due and payable or for taxes that the taxpayer is contesting in
good faith through appropriate proceedings, (c) purchase money liens and liens securing rental payments under capital lease arrangements, and (d) other liens arising in the ordinary course of business and not incurred in connection with the
borrowing of money. 
  
 “Subsidiary” means any corporation
with respect to which a specified Person (or a Subsidiary thereof) owns a majority of the common stock or has the power to vote or direct the voting of sufficient securities to elect a majority of the directors or individuals performing similar
functions. 
  
 “Taxes” means any federal, state, local,
foreign or other taxes, levies, imposts, fees, assessments or other governmental charges, including, without limitation, income (net or gross), gross receipts, profits, alternative or add-on minimum, franchise, license, capital, capital stock,
intangible, services, premium, mining, transfer, sales, use, ad valorem, payroll, wage, severance, employment, occupation, property (real or personal), windfall profits, import, excise, custom, stamp, withholding taxes, and similar governmental
charges of any kind whatsoever, including interest, penalties, additions to tax or additional amounts with respect to such items, whether disputed or not. 
  

 Exhibits 
  
 Execution Copy 
  
 “Transition Services Agreement” has the meaning set forth in Section 6(a)(vii) 
  

	2.	 	Purchase and Sale of Assets; Assumption of Liabilities. 

  

	 	(a)	 	Purchase and Sale of Assets. Upon the terms and subject to the conditions contained herein, and to the extent transfer is permitted by law, at the Closing, the Seller will sell,
convey, transfer, assign and deliver to the Buyer, and the Buyer will purchase from the Seller, the assets specifically identified below that are used or held for use in the operation of the Acquired Business (collectively, the “Acquired
Assets”), including all of the Seller’s right, title and interest in the following: 

  

	 	(i)	 	Included Equipment; 

  

	 	(ii)	 	Customer Contracts; 

  

	 	(iii)	 	Included Licenses and Maintenance Agreements; 

  

	 	(iv)	 	Books and Records; 

  

	 	(v)	 	Proprietary Rights; 

  

	 	(vi)	 	Permits; 

  

	 	(vii)	 	accounts and notes receivable (whether current or noncurrent), refunds, deposits, prepayments or prepaid expenses to the extent they relate to the operation of the Acquired Business following
the Closing Date; 

  

	 	(viii)	 	rights under or pursuant to all warranties, representations and guarantees made by contractors or suppliers in connection with the Acquired Assets or services furnished to the Seller relating
to the Acquired Business, to the extent such warranties, representations and guarantees are assignable; and 

  

	 	(ix)	 	claims, causes of action, choses in action, rights of recovery and rights of set-off of any kind relating to the Acquired Assets or the Assumed Liabilities, against any Person.

  
 Notwithstanding anything to the contrary contained in this Agreement, the
Seller may retain copies of any Contracts, Books and Records or any other document or materials to the extent that the Seller and/or any Affiliates of the Seller (i) are required to retain them by law, (ii) may need such copies for Tax purposes, or
in connection with claims related to Excluded Liabilities or Excluded Assets, or (iii) may need such copies to carry out the terms or purposes of this Agreement. 
  

	 	(b)	 	Excluded Assets. Notwithstanding any provision in this Agreement, the Buyer is purchasing only the Acquired Assets and the Buyer expressly understands and agrees that all other assets
and properties of the Seller shall be excluded from the Acquired Assets (such excluded assets, the “Excluded Assets”), and, notwithstanding anything to the contrary in this Agreement, none of the following shall be Acquired Assets
for the purposes of this Agreement: 

  

	 	(i)	 	Cash and cash equivalents of the Seller; 

  

 Exhibits 
  
 Execution Copy 
  

	 	(ii)	 	accounts and notes receivable (whether current or noncurrent), refunds, deposits, prepayments or prepaid expenses to the extent they relate to the operation of the Acquired Business on or
prior to the Closing Date; 

  

	 	(iii)	 	rights of the Seller arising under this Agreement or the transactions contemplated hereby; 

  

	 	(iv)	 	claims for and right to receive Tax refunds relating to the operation of the Acquired Business on or prior to the Closing Date, all of the Seller’s Tax returns relating to the operation
of the Acquired Business on or prior to the Closing Date and any notes, worksheets, files and documents relating thereto; 

  

	 	(v)	 	minute books, stock books and other corporate records of the Seller; and 

  

	 	(vi)	 	claims, causes of action, choses in action, rights of recovery and rights of set-off of any kind relating to the Excluded Assets or the Excluded Liabilities, against any Person.

  

	 	(c)	 	Assumption of Liabilities. Upon the terms and subject to the conditions contained herein, at the Closing, the Buyer shall assume and become responsible for the following and only the
following liabilities and obligations of the Seller relating to the Acquired Business (the “Assumed Liabilities”): 

  

	 	(i)	 	accounts payable, accrued expenses and other current liabilities relating to the operation of the Acquired Business following the Closing Date; 

  

	 	(ii)	 	liabilities and obligations under the Customer Contracts and Included Licenses and Maintenance Agreements to the extent arising or relating to performance following the Closing Date;

  

	 	(iii)	 	liabilities and obligations arising out of the Buyer’s employment of the Business Employees following the Closing Date; and 

  

	 	(iv)	 	liabilities and obligations relating to, or arising from, the Buyer’s conduct of the Acquired Business or the Buyer’s use of the Acquired Assets following the Closing Date.

  

	 	(d)	 	Excluded Liabilities. Notwithstanding any other provision of this Agreement, except for the Assumed Liabilities, the Buyer shall not assume or be responsible for, and the Seller shall
retain and shall timely discharge, perform and be fully responsible for, all of the liabilities and obligations, fixed or contingent, known or unknown, matured or unmatured, whether arising out of occurrences prior to, at or after the date hereof
relating to the Acquired Business (the “Excluded Liabilities”), which Excluded Liabilities include: 

  

	 	(i)	 	liabilities and obligations for fees and expenses incurred by or on behalf of the Seller in connection with the transactions contemplated by this Agreement; 

  

 Exhibits 
  
 Execution Copy 
  

	 	(ii)	 	liabilities arising out of or relating to the Excluded Assets; 

  

	 	(iii)	 	accounts payable, accrued expenses and other current liabilities relating to the operation of the Acquired Business on or prior to the Closing Date; and 

  

	 	(iv)	 	liabilities and obligations relating to former employees (other than the Business Employees) of the Acquired Business no longer employed by the Acquired Business on the Closing Date, except
to the extent that the Buyer has specifically assumes or agrees to assume responsibility for such obligations in this Agreement or as the Buyer may otherwise agree. 

  

	 	(e)	 	Purchase Price. 

  

	 	(i)	 	The aggregate purchase price for the sale, conveyance, transfer, assignment and delivery of the Acquired Assets shall be equal to US$1.75 million (the “Purchase Price”). At
the Closing, upon the terms and subject to the conditions set forth herein, Buyer shall pay the Purchase Price by wire transfer of immediately available funds to an account designated by the Seller. 

  

	 	(ii)	 	No later than the 15th day of the month following the month in which the
Closing occurs, the Seller will deliver to the Buyer a schedule (in the form of the “deferred hosting schedule” previously presented) that sets forth (a) the aggregate amount of deferred revenue accrued on the Seller’s books and
records as of the Closing Date arising from cash received by the Seller prior to the Closing Date pursuant to the Customer Contracts (the “Deferred Revenue Amount”) and (b) the aggregate amount of prepaid expenses on the
Seller’s books and records as of the Closing Date arising from cash paid by the Seller prior to the Closing Date pursuant to the Included Licenses and Maintenance Agreements (the “Accrued Expense Amount”), in each case
calculated in accordance with the Seller’s prior practices, except that in the event the Seller receives certificate revenue from any single customer other than AMEX of MasterCard in an amount in excess of $10,000, such revenue shall not be
accounted for on the cash basis but shall be accrued and a portion thereof determined by the Parties shall be treated as deferred revenue. If the Deferred Revenue Amount exceeds the Accrued Expense Amount, the Seller shall deliver a check to the
Buyer in the amount of such excess together with the schedule. If the Accrued Expense Amount exceeds the Deferred Revenue Amount, the Buyer shall deliver a check to the Seller in the amount of such excess within five business days of receipt of such
schedule. Notwithstanding the foregoing, no amount shall be due or payable pursuant to this section (e)(ii) if the difference between the Deferred Revenue Amount and Accrued Expense amount does not exceed $10,000. To the extent the parties are able
to make the adjustments referred to in this paragraph at the Closing, they will do so. 

  

 Exhibits 
  
 Execution Copy 
  

	 	(iii)	 	Seller and Buyer agree that as soon as reasonably practical after the date of this Agreement, and prior to the filing of any Tax return which includes information related to the transactions
contemplated by this Agreement, the Purchase Price and the Assumed Liabilities shall be allocated among the Acquired Assets pursuant to a schedule (the “Purchase Price Allocation Schedule”) proposed by the Buyer and reasonably
acceptable to the Seller, which shall be prepared in a manner required by Section 1060 of the Code and other applicable law and delivered by the Buyer to the Seller within 60 days after the date of this Agreement. In connection with the Purchase
Price Allocation Schedule, the Seller and the Buyer shall discuss the allocation of the Purchase Price and attempt in good faith to reach agreement with respect thereto. The Seller and the Buyer shall prepare mutually acceptable and substantially
identical initial and supplemental IRS Forms 8594, “Asset Acquisition Statements Under Section 1060,” consistent with the Purchase Price Allocation Schedule. Each of the Seller and the Buyer shall report, for Tax purposes, the transactions
contemplated by this Agreement in a manner consistent with the Purchase Price Allocation Schedule and such IRS Forms 8594. 

  

	 	(f)	 	The Closing. The closing of the transactions contemplated by this Agreement (the “Closing”) shall take place at the offices of Latham & Watkins LLP, 275 Grove
Street, Newton, Massachusetts, commencing at 9:00 a.m. local time on the second business day following the satisfaction or waiver of all conditions to the obligations of the Parties to consummate the transactions contemplated hereby (other than
conditions with respect to actions the respective Parties will take at the Closing itself) or such other date as the Parties may mutually determine (the “Closing Date”). 

  

	 	(g)	 	Deliveries at the Closing. At the Closing: (i) the Seller will deliver to the Buyer the various certificates, instruments, and documents referred to in Section 6(a) below; (ii) the
Buyer will deliver to the Seller the various certificates, instruments, and documents referred to in Section 6(b) below; (iii) the Seller will execute, acknowledge (if appropriate), and deliver to the Buyer such instruments of sale, transfer,
conveyance, and assignment as the Buyer and its counsel reasonably may request to effect the transactions contemplated by this agreement; (iv) the Buyer will execute, acknowledge (if appropriate), and deliver to the Seller such instruments of
assumption as the Seller and its counsel reasonably may request to effect the transactions contemplated by this Agreement; and (v) the Buyer will deliver to the Seller the consideration specified in Section 2(e)(i) above by wire transfer of
immediately available funds. 

  

	 	(h)	 	Closing Costs, Transfer Taxes and Fees. The Buyer shall be liable and responsible for the timely payment of all sales, use, excise, value-added, goods and services, transfer, real
estate transfer, stamp, recording, documentary, registration, conveyancing or similar Taxes, duties or expenses imposed on, or arising as a result of, the contemplated sale and transfer of the Acquired Assets and the timely filing of all related Tax
returns. The Seller shall cooperate with the Buyer in preparing any Tax returns relating to such Taxes, duties or expenses. The Buyer and the Seller shall provide each other with applicable resale and exemption certifications.

  

 Exhibits 
  
 Execution Copy 
  

	3.	 	Representations and Warranties of the Seller. The Seller represents and warrants to the Buyer that the statements contained in this Section 3 are correct and complete as of the date of
this Agreement, except as set forth in the Seller Disclosure Schedule. Section references in the Seller Disclosure Schedule are for the Parties’ convenience only, and any item disclosed in any section of the Seller Disclosure Schedule shall be
deemed to be an exception to each representation and warranty set forth in any subsection of this Section 3. 

  

	 	(a)	 	Organization of the Seller. The Seller is a corporation duly organized, validly existing, and in good standing under the laws of the Commonwealth of Massachusetts.

  

	 	(b)	 	Authorization of Transaction. The Seller has full corporate power and authority to execute and deliver this Agreement and to perform its obligations hereunder. This Agreement
constitutes the valid and legally binding obligation of the Seller, enforceable against the Seller in accordance with its terms and conditions. Each of Bijan Khezry, Denis Kelly and Simon Enoch has the authority to execute and deliver all documents
referred to in this Agreement on behalf of the Seller. 

  

	 	(c)	 	Noncontravention. Neither the execution and the delivery of this Agreement, nor the consummation of the transactions contemplated hereby (including the assignments and assumptions
referred to in Section 2 above), 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 the Seller is subject
or any provision of the charter or bylaws of the Seller 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 the Seller is a party or by which it is bound or to which its assets is subject (or result in the imposition of any Security Interest upon any of its
assets), except where the violation, conflict, breach, default, acceleration, termination, modification, cancellation, failure to give notice, or Security Interest would not have a Material Adverse Effect. The Seller does not need to give any notice
to, make any filing with, or obtain any authorization, consent, or approval of any government or governmental agency in order for the Parties to consummate the transactions contemplated by this Agreement (including the assignments and assumptions
referred to in Section 2 above), except where the failure to give notice, to file, or to obtain any authorization, consent, or approval would not have a Material Adverse Effect. 

  

	 	(d)	 	Brokers’ Fees. The Seller has no liability or obligation to pay any fees or commissions to any broker, finder, or agent with respect to the transactions contemplated by this
Agreement for which the Buyer or any of its Affiliates could become liable or obligated. 

  

	 	(e)	 	Title to Tangible Assets. The Seller has good title to, or a valid leasehold interest in, the material tangible assets that are Acquired Assets used regularly in the conduct of the
Acquired Business. 

  

 Exhibits 
  
 Execution Copy 
  

	 	(f)	 	Legal Compliance. To the Knowledge of the Seller, the Seller has complied with all laws applicable to the Acquired Business (including rules, regulations, codes, plans, injunctions,
judgments, orders, decrees, rulings, and charges thereunder) of federal, state, local, and foreign governments (and all agencies thereof), except where the failure to comply would not have a Material Adverse Effect. 

  

	 	(g)	 	Tax Matters. 

  

	 	(i)	 	The Acquired Assets will not be, as of the Closing Date, subject to any Lien arising as a result of any Taxes due for any period on or prior to the Closing Date. 

  

	 	(ii)	 	The Seller has filed or will cause to be filed, within the times and in the manner prescribed by law, all of the federal, state, local tax returns, information returns and tax reports
(including any related or supporting information) which are required to be filed by the Seller in connection with the Acquired Business. Such tax returns are true, complete and all amounts shown accurate in all material respects. All Taxes due and
payable for which the Seller is liable have been paid in full by the due date thereof. No deficiencies for Taxes have been claimed, proposed or assessed by any taxing authority against the Seller and there are not pending audits, examinations or
other proceedings in respect of Taxes. No extension or waiver of a statute of limitations relating to Taxes is in effect with respect to the Seller. 

  

	 	(iii)	 	None of the Acquired Assets directly or indirectly secures any debt the interest on which is tax-exempt under Section 103(a) of the Code. None of the Acquired Assets is property required to
be treated as being owned by any other person pursuant to the “safe harbor lease” provisions of former Section 168(f)(8) of the Code. None of the Purchased Assets is “Tax exempt use property” within the meaning of Section 168(h)
of the Code. 

  

	 	(iv)	 	Notwithstanding the foregoing, the representations and warranties set forth in this Section 3(g) shall not be applicable to the extent that the Acquired Assets cannot be made subject to Tax
liens and the Buyer cannot be held liable for Taxes relating to matters constituting any breach of such representations and warranties. 

  

	 	(h)	 	Certain Financial Information Section 3(h) of the Seller Disclosure Schedule contains statements of revenues received and expenses incurred by the Seller in connection with its conduct
of the Acquired Business during calendar year 2002 and for the period from January 1, 2003 through June 30, 2003 (the “Statements of Revenue”). The Statements of Revenue fairly present in all material respects the revenue generated
by the Acquired Business as described therein for the periods indicated therein, have been prepared in material conformity with U.S. GAAP, and do not contain any material items of special or nonrecurring income except as expressly specified therein.

  

 Exhibits 
  
 Execution Copy 
  

	 	(i)	 	Customer Contracts. Section 3(i) of the Seller Disclosure Schedule lists all written Customer Contracts that constitute Acquired Assets. The Seller has delivered to the Buyer a correct
and complete copy of each Customer Contract listed in Section 3(i) of the Seller Disclosure Schedule. To its Knowledge and assuming the truth and accuracy of statements made to it in connection with each document delivered to it in connection with
the transfer of a Customer Contract to the Seller, the Seller further represents and warrants that it has full power and authority to assign the Customer Contracts to the Buyer, and with respect to those Customer Contracts where the Seller was not
one of the original parties, all such Customer Contracts have been properly assigned to the Seller. 

  

	 	(j)	 	Intentionally Omitted 

  

	 	(k)	 	Litigation. Section 3(k) of the Disclosure Schedule sets forth each instance as of the date of this Agreement in which the Seller (i) is subject to any outstanding injunction,
judgment, order, decree, ruling, or charge related to the Acquired Business or (ii) is a party to any action, suit, proceeding, hearing, or investigation of, in, or before any court or quasi-judicial or administrative agency of any federal, state,
local, or foreign jurisdiction related to the Acquired Business, except where the injunction, judgment, order, decree, ruling, action, suit, proceeding, hearing, or investigation would not have a Material Adverse Effect. 

  

	 	(l)	 	Disclaimer of other Representations and Warranties. Except as expressly set forth in this Section 3, neither the Seller nor any of its Affiliates makes any representation or warranty,
express or implied, at law or in equity, in respect of any of its assets (including the Acquired Assets), liabilities (including the Assumed Liabilities) or operations, including with respect to the Acquired Business, and any such other
representations or warranties are hereby expressly disclaimed. The Buyer hereby acknowledges and agrees that (i) except to the extent specifically set forth in this Section 3, the Buyer is purchasing the Acquired Assets and assuming the Assumed
Liabilities on an “as-is, where-is” basis, (ii) it is not entitled to rely on the accuracy or completeness of any information not expressly set forth in this Section 3, and (iii) it has relied and will rely solely on the representations
and warranties expressly made in this Section 3. 

  

	4.	 	Representations and Warranties of the Buyer. The Buyer represents and warrants to the Seller that the statements contained in this Section 4 are correct and complete as of the date of
this Agreement. 

  

	 	(a)	 	Organization of the Buyer. The Buyer is a corporation duly organized, validly existing, and in good standing under the laws of the jurisdiction of its incorporation.

  

	 	(b)	 	Authorization of Transaction. The Buyer has full corporate power and authority to execute and deliver this Agreement and to perform its obligations hereunder. This Agreement
constitutes the valid and legally binding obligation of the Buyer, enforceable against the Buyer in accordance with its terms and conditions. Each of John Garvey and Chris Ellis has the authority to execute and deliver all documents referred to in
this Agreement on behalf of the Buyer. 

  

	 	(c)	 	Noncontravention. Neither the execution and the delivery of this Agreement, nor the consummation of the transactions contemplated hereby (including the 

  

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	 	 	 	assignments and assumptions referred to in Section 2 above), 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 the Buyer is subject or any provision of its charter or bylaws 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 the Buyer is a party or by which it is bound or to which any of its
assets is subject. The Buyer does not need to give any notice to, make any filing with, or obtain any authorization, consent, or approval of any government or governmental agency in order for the Parties to consummate the transactions contemplated
by this Agreement (including the assignments and assumptions referred to in Section 2 above). 

  

	 	(d)	 	Brokers’ Fees. The Buyer has no liability or obligation to pay any fees or commissions to any broker, finder, or agent with respect to the transactions contemplated by this
Agreement for which the Seller or any of its Affiliates could become liable or obligated. 

  

	 	(e)	 	Investigation. The Buyer has received and reviewed information about the Seller, the Acquired Business, the Acquired Assets and the Assumed Liabilities, and has had an opportunity to
discuss the Acquired Business, the Acquired Assets and the Assumed Liabilities with the management of the Seller. The Buyer understands and acknowledges that (a) any financial information that may have been provided on behalf of the Seller may not
have been prepared in accordance with GAAP, unless specifically represented to have been so prepared and (b) such discussions, as well as any written information issued by the Seller (i) were intended to describe certain aspects of the business and
prospects of the Acquired Business which the management of the Seller believes to be material, but were not necessarily an exhaustive description, and (ii) may have contained forward-looking statements involving known and unknown risks and
uncertainties which may cause the actual results in future periods or plans for future periods to differ materially from what was anticipated and that no representations or warranties were or are being made with respect to any such forward-looking
statements or the probability of achieving any of the results that may have been projected in any of such forward-looking statements. The Buyer confirms that it has performed a comprehensive investigation of the Acquired Business to its full and
complete satisfaction. 

  

	5.	 	Pre-Closing Covenants. The Parties agree as follows with respect to the period between the execution of this Agreement and the Closing. 

  

	 	(a)	 	General. Each of the Parties will use its reasonable best efforts to take all action and to do all things necessary, proper, or advisable in order to consummate and make effective the
transactions contemplated by this Agreement (including satisfaction, but not waiver, of the closing conditions set forth in Section 6 below). 

  

	 	(b)	 	Notices and Consents. The Seller will give any notices to third parties, and the Seller will use its reasonable best efforts to obtain any third party consents, that the Buyer
reasonably may request in connection with the matters referred to in Section 3(c) above. Each of the Parties will give any notices to, make any filings with, and use its reasonable best efforts to obtain any authorizations, consents, and approvals
of governments and governmental agencies in connection with the matters referred to in Section 3(c) and Section 4(c) above. 

  

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	 	 	 	Without limiting the generality of the foregoing, each of the Parties will file any Notification and Report Forms and related material that it may be required to file with the Federal Trade
Commission and the Antitrust Division of the United States Department of Justice under the Hart-Scott-Rodino Act, will use its reasonable best efforts to obtain a waiver from the applicable waiting period, and will make any further filings pursuant
thereto that may be necessary, proper, or advisable in connection therewith. 

  

	 	(c)	 	Operation of Business. The Seller will not cause the Acquired Business to engage in any practice, take any action, or enter into any transaction outside the ordinary course of
business. The Seller will not amend or modify any Customer Contract or any Included License and Maintenance Agreement that constitutes an Acquired Asset without the Buyer’s consent, which shall not be unreasonably withheld or delayed.

  

	 	(d)	 	Full Access. The Seller will permit representatives of the Buyer to have full access during normal business hours and after reasonable notice, and in a manner so as not to interfere
with the normal business operations of the Seller and its Affiliates, to all premises, properties, personnel, books, records (including tax records), contracts, and documents of or pertaining directly to the Acquired Business.

  

	 	(e)	 	Notice of Developments. Either Party may elect at any time to notify the other Party of any development causing a breach of any of its representations and warranties in Section 3 or
Section 4 above, as applicable. Unless the Party receiving such notice has the right to terminate this Agreement pursuant to Section 7(a)(ii) below by reason of the development and exercises that right within the period of three business days
referred to in Section 7(a)(ii) below, the written notice pursuant to this Section 5(e) will be deemed to have amended the Seller Disclosure Schedule, to have qualified the representations and warranties contained in Section 3 or Section 4 above, as
applicable, and to have cured any misrepresentation or breach of warranty that otherwise might have existed hereunder by reason of the development. 

  

	 	(f)	 	Retention of Employees. The Buyer shall offer employment, commencing on the Closing Date, to no less than ten of the employees of the Seller who are actively employed in the Acquired
Business and identified in Section 5(f) of the Seller Disclosure Schedule (collectively, the “Business Employees”), which offers shall be on terms and conditions no less favorable to each Business Employee than the terms of such
employee’s employment with the Seller on the date of this Agreement. The Seller shall cooperate with and use its reasonable best efforts to assist the Buyer in its efforts to secure satisfactory employment arrangements with those Business
Employees to whom the Buyer makes offers of employment.. 

  

	6.	 	Conditions to Obligation to Close. 

  

	 	(a)	 	Conditions to Obligation of the Buyer. The obligation of the Buyer to consummate the transactions to be performed by it in connection with the Closing is subject to satisfaction of the
following conditions: 

  

	 	(i)	 	the representations and warranties set forth in Section 3 above shall be true and correct in all material respects at and as of the Closing Date; 

  

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	 	(ii)	 	the Seller shall have performed and complied with all of its covenants hereunder in all material respects through the Closing; 

  

	 	(iii)	 	there shall not be any injunction, judgment, order, decree, ruling, or charge in effect preventing consummation of any of the transactions contemplated by this Agreement;

  

	 	(iv)	 	the Seller shall have delivered to the Buyer a certificate to the effect that each of the conditions specified above in Section 6(a)(i)-(iii) is satisfied in all respects;

  

	 	(v)	 	the Seller shall have delivered to the Buyer the consent required under the Customer Contracts listed on Exhibit A hereto; 

  

	 	(vi)	 	all actions to be taken by the Seller in connection with consummation of the transactions contemplated hereby and all certificates, instruments, and other documents required to effect the
transactions contemplated hereby shall be reasonably satisfactory in form and substance to the Buyer; and 

  

	 	(vii)	 	the execution by the Seller of a license agreement in substantially the form attached hereto as Exhibit B (the “License Agreement”), a transition services agreement in
substantially the form attached hereto as Exhibit C (the “Transition Services Agreement”), and a support agreement in substantially to form attached hereto as Exhibit D (the “Support Agreement”), and the execution
by Seller’s affiliate, Baltimore Technologies Ltd., of an ORC agreement in substantially the form annexed as Exhibit E (“ORC Agreement”). 

  
 The Buyer may waive any condition specified in this Section 6(a) if it executes a writing so stating at or prior to the Closing. The Seller covenants
and agrees to execute, or use its reasonable best efforts to cause Baltimore Technologies Ltd. to execute, as applicable, and deliver the License Agreement, the Transition Services Agreement, the Support Agreement and the ORC Agreement upon
satisfaction or waiver of each condition set forth in Sections 6(b)(i)-(vi). 
  

	 	(b)	 	Conditions to Obligation of the Seller. The obligation of the Seller to consummate the transactions to be performed by it in connection with the Closing is subject to satisfaction of
the following conditions: 

  

	 	(i)	 	the representations and warranties set forth in Section 4 above shall be true and correct in all material respects at and as of the Closing Date; 

  

	 	(ii)	 	the Buyer shall have performed and complied with all of its covenants hereunder in all material respects through the Closing; 

  

	 	(iii)	 	there shall not be any injunction, judgment, order, decree, ruling, or charge in effect preventing consummation of any of the transactions contemplated by this Agreement;

  

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	 	(iv)	 	the Buyer shall have delivered to the Seller a certificate to the effect that each of the conditions specified above in Section 6(b)(i)-(iii) is satisfied in all respects;

  

	 	(v)	 	the Seller shall have delivered to the Buyer the consent required under the Customer Contracts listed on Exhibit A hereto; 

  

	 	(vi)	 	all actions to be taken by the Buyer in connection with consummation of the transactions contemplated hereby and all certificates, instruments, and other documents required to effect the
transactions contemplated hereby shall be reasonably satisfactory in form and substance to the Seller; and 

  

	 	(vii)	 	the execution by the Buyer of the License Agreement, the Transition Services Agreement, the Support Agreement and the ORC Agreement. 

  
 The Seller may waive any condition specified in this Section 6(b) if it executes a writing so stating
at or prior to the Closing. The Buyer covenants and agrees to execute and deliver the License Agreement, the Transition Services Agreement, the Support Agreement and the ORC Agreement upon satisfaction or waiver of each condition set forth in
Sections 6(a)(i)-(vi). 
  

	7.	 	Termination. 

  

	 	(a)	 	Termination of Agreement. The Parties may terminate this Agreement as provided below: 

  

	 	(i)	 	the Buyer and the Seller may terminate this Agreement by mutual written consent at any time prior to the Closing; 

  

	 	(ii)	 	either Party may terminate this Agreement by giving written notice to the other Party at any time prior to the Closing in the event (A) the other Party has within the then previous three
business days delivered a notice pursuant to Section 5(e) above and (B) the development that is the subject of the notice makes the representations and warranties set forth in Section 3 or Section 4 above, as applicable, not true and correct in all
material respects; 

  

	 	(iii)	 	the Buyer may terminate this Agreement by giving written notice to the Seller at any time prior to the Closing (A) in the event the Seller has breached any material representation, warranty,
or covenant contained in this Agreement (other than a representation or warranty expressly mentioned in the notice described in Section 5(e)) in any material respect, the Buyer has notified the Seller of the breach, and the breach has continued
without cure for a period of 30 days after the notice of breach or (B) if the Closing shall not have occurred on or before midnight on September 30, 2003, by reason of the failure of any condition precedent under Section 6(a) hereof (unless the
failure results primarily from the Buyer itself breaching any representation, warranty, or covenant contained in this Agreement or from any action taken by the Buyer, on the Buyer’s behalf, or at the Buyer’s request); and

  

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	 	(iv)	 	the Seller may terminate this Agreement by giving written notice to the Buyer at any time prior to the Closing (A) in the event the Buyer has breached any material representation, warranty,
or covenant contained in this Agreement (other than a representation or warranty expressly mentioned in the notice described in Section 5(e)) in any material respect, the Seller has notified the Buyer of the breach, and the breach has continued
without cure for a period of 30 days after the notice of breach or (B) if the Closing shall not have occurred on or before midnight on September 30, 2003, by reason of the failure of any condition precedent under Section 6(b) hereof (unless the
failure results primarily from the Seller itself breaching any representation, warranty, or covenant contained in this Agreement or from any action taken by the Seller, on the Seller’s behalf, or at the Seller’s request).

  

	 	(b)	 	Effect of Termination. If either Party terminates this Agreement pursuant to Section 7(a) above, all rights and obligations of the Parties hereunder shall terminate without any
liability of either Party to the other Party (except for any liability of either Party then in breach); provided, however, that the provisions contained in Section 8 shall survive termination. 

  

	8.	 	Miscellaneous. 

  

	 	(a)	 	Survival of Representations, Warranties and Agreements; No Other Representations and Warranties. The representations, warranties, covenants and other agreements in this Agreement or in
any instrument delivered pursuant to this Agreement, including any rights arising out of any breach of such representations, warranties, covenants and other agreements, shall survive the Closing for a period of one year, except for those covenants
and agreements contained in this Article 2 and Article 8 which shall survive indefinitely; provided that neither the Seller nor any of its affiliates shall not have any liability in connection with this Agreement or any transaction
contemplated thereby with respect to any matter of which the Buyer or its affiliates had knowledge at or prior to the Closing. Each party hereto agrees that, except for the representations and warranties contained in this Agreement, no Party makes
any other representations or warranties, and each hereby disclaims and agreed not to rely upon any other representations and warranties made by itself or any of its officers, directors, employees, agents, financial and legal advisors or other
representatives, with respect to the execution and delivery of this Agreement, the documents and the instruments referred to herein, or the transactions contemplated hereby or thereby, notwithstanding the delivery or disclosure to the other party or
the other party’s representatives of any documentation or other information with respect to any one or more of the foregoing. 

  

	 	(b)	 	Confidentiality 

  

	 	(i)	 	The Buyer acknowledges that (a) is in possession of Confidential Information and (b) pursuant to the actions contemplated by Section 5(d) will have access to Confidential Information. For a
period of three years following the Closing or the termination of this Agreement, the Buyer and its Affiliates shall treat such information as confidential, not disclose to any other Person any such information, preserve the confidentiality of such
information, not duplicate such information and instruct its employees who have had access to such information 

  

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	 	 	 	to keep confidential unless such information (i) is now or is hereafter disclosed, through no act or omission of the Buyer or its Affiliates, in a manner making it available to the general
public or (ii) is required by law to be disclosed. 

  

	 	(ii)	 	Notwithstanding anything to the contrary set forth herein or in any other written or oral understanding or agreement to which the parties hereto are parties or by which they are bound, the
parties acknowledge and agree that (i) any obligations of confidentiality contained herein and therein do not apply and have not applied from the commencement of discussions between the parties to the tax treatment and tax structure of the
transactions contemplated by this Agreement (and any related transactions or arrangements), and (ii) each party (and each of its employees, representatives, or other agents) may disclose to any and all Persons, without limitation of any kind, the
tax treatment and tax structure of the transactions contemplated by this Agreement and all materials of any kind (including opinions or other tax analyses) that are provided to such party relating to such tax treatment and tax structure, all within
the meaning of Treasury Regulations Section 1.6011-4; provided, however, that each party recognizes that the privilege each has to maintain, in its sole discretion, the confidentiality of a communication relating to the transactions
contemplated by this Agreement, including a confidential communication with its attorney or a confidential communication with a federally authorized tax practitioner under Section 7525 of the Code, is not intended to be affected by the foregoing.

  

	 	(c)	 	Press Releases and Public Announcements. No Party shall issue any press release or make any public announcement relating to the subject matter of this Agreement prior to the Closing
without the prior written approval of the other Party, which shall not be unreasonably withheld; provided, however, that either Party may make any public disclosure it believes in good faith is required by applicable law or any listing or
trading agreement concerning its publicly-traded securities (in which case the disclosing Party will use commercially reasonable efforts to advise the other Party prior to making the disclosure). 

  

	 	(d)	 	No Third-Party Beneficiaries. This Agreement shall not confer any rights or remedies upon any Person other than the Parties and their respective successors and permitted assigns.

  

	 	(e)	 	Entire Agreement. This Agreement (including the documents referred to herein) constitutes the entire agreement between the Parties and supersedes any prior understandings, agreements,
or representations by or between the Parties, written or oral, with respect to the subject matter hereof, and neither Party shall be liable or bound to the other Party in any manner by any warranties, representations or covenants except as
specifically set forth herein or therein. 

  

	 	(f)	 	Succession and Assignment. This Agreement shall be binding upon and inure to the benefit of the Parties named herein and their respective successors and permitted assigns. No Party may
assign either this Agreement or any of its rights, interests, or obligations hereunder without the prior written approval of the other Party. 

  

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	 	(g)	 	Counterparts. This Agreement may be executed in two counterparts, each of which shall be deemed an original, but both of which together shall constitute one and the same instrument.
Each Party may rely on a facsimile signature on this Agreement, and each Party shall, if the other Party so requests, provide an originally signed copy of this Agreement to the other party. 

  

	 	(h)	 	Nonforeign Affidavit. The Seller shall furnish to the Buyer an affidavit, stating, under penalty of perjury, that the indicated number is the transferor’s United States taxpayer
identification number and that the transferor is not a foreign person, pursuant to Section 1445(b)(2) of the Internal Revenue Code of 1986, as amended. 

  

	 	(i)	 	Notices. All notices, requests, demands, claims, and other communications hereunder will be in writing. Any notice, request, demand, claim, or other communication hereunder shall be
deemed duly given one business day after it is sent by overnight delivery with a nationally recognized courier service (such as Federal Express or United Parcel Service) and addressed to the intended recipient as set forth below:

  

			
	If to the Seller:	 	with a copy to:
		
	 Baltimore Technologies Inc.
 Innovation House
 Hemel Hempstead
 Hartfordshire HP27DN
 England
 Attn:
Corporate Secretary
 Tel: +44-367-7000
 Fax: +44-367-7156
	 	 Latham & Watkins
 275 Grove Street, Suite 2-400
 Newton, Massachusetts 02466
 Attn: Ian Blumenstein
 Tel: 617-663-4842
 Fax: 617-663-5319

  

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	If to the Buyer:	 	 
		
	 c/o beTrusted US INC.
 11000 Broken Land Pkwy
 Suite 900
 Columbia, MDE 21044
 Attn: Chief Financial Officer
 Tel: 443-367-7000
 Fax: 410-730-7156
	 	 Gilbride, Tusa, Last & Spellane, Esq.
 31 Brookside Drive
 Greenwich, CT 06830
 Attn: Lincoln W. Briggs
 Tel: 203-622-9360
 Fax: 203-622-9392

  
 Either Party may send any notice, request,
demand, claim, or other communication hereunder to the intended recipient at the address set forth above using any other means (including personal delivery, expedited courier, messenger service, telecopy, ordinary mail, or electronic mail), but no
such notice, request, demand, claim, or other communication shall be deemed to have been duly given unless and until it actually is received by the intended recipient. Either Party may change the address to which notices, requests, demands, claims,
and other communications hereunder are to be delivered by giving the other Party notice in the manner herein set forth. 
  

	 	(j)	 	Governing Law; Waiver of Jury Trial. This Agreement shall be governed by and construed in accordance with the domestic laws of the Commonwealth of Massachusetts without giving effect
to any choice or conflict of law provision or rule (whether of the Commonwealth of Massachusetts or any other jurisdiction) that would cause the application of the laws of any jurisdiction other than the Commonwealth of Massachusetts. Any action of
any type or nature whatsoever with respect to this Agreement, whether arising in contract, tort or otherwise, shall be brought in the Norfolk Superior Court or U.S. District Court for the District of Massachusetts, and each Party accepts for itself
and its assets and properties, generally and unconditionally, the nonexclusive jurisdiction of the aforesaid courts. 

  
 Each Party waives, to the fullest extent permitted by applicable law, any objection (including any objection to the laying of venue or based on the grounds of forum non conveniens)
which it may now or hereafter have to the bringing of any such action in any such jurisdiction. Each party waives any right to trial by jury with regard to any action of any type or nature whatsoever under or concerning this Agreement or in any way
related to this Agreement or the administration or enforcement thereof. 
  

	 	(k)	 	Limitation on Liability. Neither Party shall have any liability under or in connection with this Agreement for special, exemplary, punitive, incidental, indirect or consequential
damages of any sort in any action of any type or nature whatsoever in connection with this Agreement or in any way related to this Agreement or the administration or enforcement thereof. Except to the extent prohibited by law, each Party waives any
right they may have to claim or recover in any such action any special, exemplary, punitive, incidental, indirect or consequential damages of any sort other than actual damages. In no event shall either Party shall have any liability under or in
connection with this Agreement or any transaction contemplated thereby that exceeds 10% of the Purchase Price actually paid. Further, each party 

  

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	 	 	 	hereto agrees not to make any claim or demand or seek any relief in connection with this Agreement or any transaction contemplated hereby, unless such claim, demand or relief seeks damages in
excess of $50,000. 

  

	 	(l)	 	Amendments and Waivers. No amendment of any provision of this Agreement shall be valid unless the same shall be in writing and signed by the Buyer and the Seller. No waiver by either
Party of any default, misrepresentation, or breach of warranty or covenant hereunder, whether intentional or not, shall be deemed to extend to any prior or subsequent default, misrepresentation, or breach of warranty or covenant hereunder or affect
in any way any rights arising by virtue of any prior or subsequent such occurrence. 

  

	 	(m)	 	Severability. Any term or provision of this Agreement that is invalid or unenforceable in any situation in any jurisdiction shall not affect the validity or enforceability of the
remaining terms and provisions hereof or the validity or enforceability of the offending term or provision in any other situation or in any other jurisdiction. 

  

	 	(n)	 	Expenses. Each Party shall bear its own costs and expenses (including legal fees and expenses) incurred in connection with this Agreement and the transactions contemplated hereby.
Notwithstanding the foregoing, in any action of any type or nature whatsoever with respect to this Agreement or any transaction contemplated hereby, whether arising in contract, tort or otherwise, the party to this Agreement that does not prevail in
such action shall pay all fees and expenses (including reasonable legal fees) incurred by each other party to this Agreement (and any affiliate of such other party) that was involved in such action. 

  

	 	(o)	 	Construction. The Parties acknowledge that each is sophisticated in transactions of this type, represented by counsel, and each has participated jointly in the negotiation and drafting
of this Agreement. In the event 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 either
Party by virtue of the authorship of any of the provisions of this Agreement. In this Agreement, references to any section, exhibit or schedule are to sections, exhibits or schedules hereto unless otherwise indicated; references to any federal,
state, local, or foreign statute or law are to be construed as including all statutory provisions consolidating, amending or replacing the statute referred to and shall be deemed also to refer to all rules and regulations promulgated thereunder;
references to “writing” include printing, typing, lithography, e-mail and other means of reproducing words in a visible form; the words “include,” “includes” and “including” when used herein shall be deemed in
each case to be followed by the words “without limitation”; and the term “or” is not exclusive. The headings contained in this Agreement are for reference purposes only and shall not affect in any way the meaning or
interpretation of this Agreement. Any “material adverse effect” shall be determined with reference to the condition of the Acquired Business on the date hereof and is intended by the Parties to address events that would substantially
threaten the overall long-term earnings potential of the Acquired Business. 

  

	 	(p)	 	Incorporation of Exhibits and Schedules. The Exhibits and Schedules identified in this Agreement are incorporated herein by reference and made a part hereof. 

 

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	 	(q)	 	Bulk Transfer Laws. The Buyer acknowledges that the Seller will not comply with the provisions of any bulk transfer laws of any jurisdiction in connection with the transactions
contemplated by this Agreement. 

  
 [Signature Page Follows]

  

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

			
	 BALTIMORE TECHNOLOGIES INC.

		
	 By
	 	  

	 Name
	 	  

	 Title
	 	  

	
	 beTRUSTed US INC.

		
	 By
	 	  

	 Name
	 	  

	 Title
	 	  

	
	 beTRUSTed (UK) LIMITED

		
	 By
	 	  

	 Name
	 	  

	 Title
	 	  

  

 Exhibits 
  
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 Exhibit A 
  
 Customer Contracts
that require consent to be delivered as a closing condition: 
  
 AMEX – Amended and
Restated Master Agreement for Electronic Commerce dated September 23, 1999 as modified by Amendment No. 2 dated June 10, 2002 and Amendment No. 3 dated December 17, 2002. 
  
 Mastercard International – Agreement dated February 10, 1997, as amended and supplemented, and all related agreements 
  
 State Street – Agreement dated July 31, 2001. 
  
 Trigon BC/BS (Anthem) – Agreement dated June 28, 1999 and Master Professional Services Agreement
dated June 13, 2003. 
  
 Verizon (Bell Atlantic) – Agreement dated August, 1999.

  
 Ruesch International – Agreement dated February 5, 1999. 
  
 Merrill Lynch – Agreement dated September 3, 1999. 
  
 Nokia – Root Key and Hosting Services Agreement dated November 1, 2000 
  

 Exhibits 
  
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 Exhibit B 
  
 Agreed
Form of License Agreement 
  

 Exhibits 
  
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 Exhibit C 
  
 Agreed
Form of Transition Services Agreement 
  

 Exhibits 
  
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 Exhibit D 
  
 Agreed
Form of Support Agreement 
  

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 Exhibit E 
  
 Agreed
Form of ORC Agreement 
  

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 Seller Disclosure Schedule 
  
 Baltimore Technologies Inc. is delivering the attached Seller Disclosure Schedule in connection with the Asset Purchase Agreement, dated as of July 21, 2003 (the “Agreement”), by and between beTRUSTed US INC., a Delaware
corporation (“beTrusted US”), and beTRUSTed (UK) LIMITED, a United Kingdom corporation (“beTrusted UK” and together with beTrusted US, the “Buyer”), and BALTIMORE TECHNOLOGIES INC., a Massachusetts
corporation (the “Seller”). The Buyer and the Seller are referred to collectively herein as the “Parties.” Capitalized terms used but not defined herein have the meanings given in the Agreement. 
  
 The Seller Disclosure Schedule sets forth, among other things, items the disclosure of which is
necessary or appropriate either in response to an express disclosure requirement contained in a provision of the Agreement or as an exception to one or more of Seller’s representations and warranties contained in the Agreement; provided,
however, that certain information set forth in the Seller Disclosure Schedule has been included and disclosed solely for informational purposes and may not be required to be disclosed pursuant to the terms and conditions of the Agreement. The
disclosure of any information in any part of the Seller Disclosure Schedule shall not be deemed to constitute an acknowledgment or agreement that the information is required to be disclosed in connection with the representations and warranties made
in the Agreement or that the information is material, nor shall any information so included and disclosed be deemed to establish a standard of materiality or otherwise be used to determine whether any other information is material or should have
been disclosed. 
  
 This Seller Disclosure Schedule is qualified in its entirety by
reference to specific provisions of the Agreement, and is not intended to constitute, and shall not be construed as constituting, representations or warranties of the Seller, except as and to the extent provided in the Agreement. Inclusion of
information herein shall not be construed as an admission that such information is material to the Seller. 
  
 Matters reflected in this Seller Disclosure Schedule are not necessarily limited to matters required by the Agreement to be reflected in the Seller Disclosure Schedule. Such additional matters are set forth for information
purposes and do not necessarily include other matters of a similar nature. 
  
 Headings have
been inserted on the sections of this Seller Disclosure Schedule are for convenience of reference only and shall to no extent have the effect of amending or changing the express description of the Sections as set forth in the Agreement. 

 
 The information contained herein is in all events subject to the confidentiality provisions
contained in the Agreement. 
  

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 Schedule 1 
 Included Equipment 
  

											
	Location /Assign to	  	Dept	  	Vendor	  	Category	  	Model	  	Description
	

	 Dublin
	  	Hosting	  	Sun	  	Server	  	E250	  	050m2383 MC DR System - Web
	 Dublin
	  	Hosting	  	Sun	  	Server	  	Ultra2	  	904f2cd4 MC DR System - CA
	 Dublin
	  	Hosting	  	Sun	  	Server	  	Ultra2	  	905f2ba4 MC DR system Securid
	 Dublin
	  	Hosting	  	Sun	  	Server	  	Ultra10	  	fw84250267 MC DR system Offline
	 Dublin
	  	Hosting	  	Sun	  	Tape	  	Tape	  	626q5701 MC DR system
	 Dublin
	  	Hosting	  	Sun	  	disk	  	disk	  	918c2922 MC DR system
	 Dublin
	  	Hosting	  	Baltimore	  	keyper	  	sureware	  	J2490 SSC DR system
	 Dublin
	  	Hosting	  	Compaq	  	Server	  	DL380	  	D023KKN1K960 SSC DR system
	 Dublin
	  	Hosting	  	Compaq	  	Server	  	DL380	  	8111FK411418 SSC DR system (MBB)
	 N. Moscone
	  	Hosting	  	Toshiba	  	laptop	  	8100	  	Insight 7945925
	 A. Rajan
	  	Hosting	  	Toshiba	  	laptop	  	8100	  	Insight 7945925
	 R. Hall
	  	Hosting	  	Toshiba	  	laptop	  	8100	  	insight 7945150
	 V. Raygorodsky
	  	Hosting	  	Toshiba	  	laptop	  	8100	  	insight 7945150
	 V. Raygorodsky
	  	Hosting	  	Toshiba	  	laptop	  	7200	  	insight 7991110
	 N. Moscone
	  	Hosting	  	Toshiba	  	laptop	  	8100	  	insight 7945150
	 J. DeSousa
	  	Hosting	  	Toshiba	  	laptop	  	8100	  	insight 7945150
	 E. Richters
	  	Hosting	  	Toshiba	  	laptop	  	8100	  	insight 7945150
	 G. Rioux
	  	Hosting	  	Toshiba	  	laptop	  	8100	  	insight 7945924
	 T. Dowling
	  	Hosting	  	Toshiba	  	laptop	  	7200	  	insight 7991110
	 M. Rioux
	  	Hosting	  	Toshiba	  	laptop	  	7200	  	insight 7991110
	 Hosting
	  	Hosting	  	Toshiba	  	laptop	  	8100	  	insight 7945924
	 Hosting
	  	Hosting	  	Toshiba	  	laptop	  	8100	  	insight 7945924
	 N. Moscone
	  	Hosting	  	Toshiba	  	laptop	  	8200	  	Invoice 08301960
	 Hosting
	  	Hosting	  	Cisco	  	network	  	PIX	  	Di Data SVC 00065310
	 Hosting
	  	Hosting	  	Cisco	  	network	  	PIX	  	Di Data SVC 00065310
	 Hosting
	  	Hosting	  	Cisco	  	network	  	Ldir	  	nexl 9324
	 Hosting
	  	Hosting	  	Cisco	  	network	  	Ldir	  	nexl 9324
	 Hosting
	  	Hosting	  	Sun	  	server	  	Ultra2	  	nexl 9324
	 Hosting
	  	Hosting	  	Sun	  	server	  	Ultra2	  	nexl 9324
	 Hosting
	  	Hosting	  	Cisco	  	network	  	3524	  	Dimension Data 0035911
	 Hosting
	  	Hosting	  	Cisco	  	network	  	3524	  	Dimension Data 0035911
	 Hosting
	  	Hosting	  	Cisco	  	network	  	3524	  	Dimension Data 0035911
	 Hosting
	  	Hosting	  	Cisco	  	network	  	3524	  	Dimension Data 0035911
	 Hosting
	  	Hosting	  	Cisco	  	network	  	3524	  	Dimension Data 0035911
	 Hosting
	  	Hosting	  	Cisco	  	network	  	3548	  	Dimension Data 0035911
	 Hosting
	  	Hosting	  	Cisco	  	network	  	3548	  	Dimension Data 0035911
	 Hosting
	  	Hosting	  	Cisco	  	network	  	3548	  	Dimension Data 0035911
	 Hosting
	  	Hosting	  	Cisco	  	network	  	3548	  	Dimension Data 0035911
	 Hosting
	  	Hosting	  	Cisco	  	network	  	3600	  	Dimension Data 0035911
	 Hosting
	  	Hosting	  	Cisco	  	network	  	3600rps	  	Dimension Data 0035911
	 Hosting
	  	Hosting	  	Cisco	  	network	  	3600	  	Dimension Data 0035911
	 Hosting
	  	Hosting	  	Cisco	  	network	  	3600rps	  	Dimension Data 0035911
	 Hosting
	  	Hosting	  	Cisco	  	network	  	3524	  	Dimension Data 0035911

  

 Exhibits 
  
 Execution Copy 
  

											
	 Hosting
	  	Hosting	  	Ncipher	  	crypto	  	Ncipher	  	Ncipher Inv 909
	 Cigna
	  	Hosting	  	Ncipher	  	crypto	  	Ncipher	  	Ncipher Inv 909
	 Cigna
	  	Hosting	  	Ncipher	  	crypto	  	Ncipher	  	Ncipher Inv 909
	 Hosting
	  	Hosting	  	Sun	  	server	  	E250	  	Anysystems Inv ES03300-1
	 Hosting
	  	Hosting	  	Sun	  	disk	  	A1000	  	Rave Computer
	 Hosting
	  	Hosting	  	Sun	  	server	  	E220	  	NIS Inv 101371A
	 Hosting
	  	Hosting	  	Sun	  	monitor	  	Monitor	  	NIS Inv 101371A
	 Hosting
	  	Hosting	  	Sun	  	disk	  	A1000	  	NIS Inv 101371A
	 Hosting
	  	Hosting	  	Sun	  	server	  	E250	  	GTE3
	 Hosting
	  	Hosting	  	Sun	  	disk	  	A1000	  	GTE3
	 Hosting
	  	Hosting	  	Ncipher	  	crypto	  	Nshield	  	Cigna
	 Hosting
	  	Hosting	  	Compaq	  	Server	  	DL380	  	d023dnk1q921
	 Hosting
	  	Hosting	  	Compaq	  	Server	  	DL380	  	d018dnk1k177
	 Hosting
	  	Hosting	  	Compaq	  	Server	  	DL380	  	d023dnk1r258 (vz-as1)
	 Hosting
	  	Hosting	  	Compaq	  	Server	  	DL380	  	d023dkn1r245
	 Hosting
	  	Hosting	  	Compaq	  	Server	  	DL380	  	d018dnk1k115
	 Hosting
	  	Hosting	  	Compaq	  	Server	  	DL380	  	d018dkn1k176
	 Hosting
	  	Hosting	  	Compaq	  	Server	  	DL380	  	d023dnk1r260
	 Hosting
	  	Hosting	  	Compaq	  	Server	  	DL380	  	d023dkn1r257
	 Hosting
	  	Hosting	  	Compaq	  	memory	  	1Gb Mem	  	Nexl Inv 9153
	 Hosting
	  	Hosting	  	Compaq	  	memory	  	1Gb Mem	  	Nexl Inv 9153
	 Hosting
	  	Hosting	  	Compaq	  	memory	  	1Gb Mem	  	Nexl Inv 9153
	 Hosting
	  	Hosting	  	Compaq	  	memory	  	1Gb Mem	  	Nexl Inv 9153
	 Hosting
	  	Hosting	  	Compaq	  	memory	  	1Gb Mem	  	Nexl Inv 9153
	 Hosting
	  	Hosting	  	Compaq	  	memory	  	1Gb Mem	  	Nexl Inv 9153
	 Hosting
	  	Hosting	  	Compaq	  	memory	  	1Gb Mem	  	Nexl Inv 9153
	 Hosting
	  	Hosting	  	Compaq	  	memory	  	1Gb Mem	  	Nexl Inv 9153
	 Hosting
	  	Hosting	  	Chrysalis	  	crypto	  	ITS	  	Chrysalis ITS 3 Dock Top Level
	 Hosting
	  	Hosting	  	Chrysalis	  	crypto	  	ITS	  	Chrysalis ITS 3 Dock Top Level
	 Hosting
	  	Hosting	  	Chrysalis	  	crypto	  	ITS	  	Chrysalis ITS 3 Dock Top Level
	 Hosting
	  	Hosting	  	Chrysalis	  	crypto	  	Litronix	  	Chrysalis ITS 3 Card Reader
	 Hosting
	  	Hosting	  	Chrysalis	  	ped	  	PED	  	Chrysalis ITS 3 Card Reader
	 Hosting
	  	Hosting	  	Chrysalis	  	crypto	  	Litronix	  	Chrysalis ITS 3 Card Reader
	 Hosting
	  	Hosting	  	Chrysalis	  	crypto	  	Litronix	  	Chrysalis ITS 3 Card Reader
	 Hosting
	  	Hosting	  	Compaq	  	Server	  	DL380	  	d024dnk1q367
	 Hosting
	  	Hosting	  	Cisco	  	network	  	10/100	  	DiData Inv 10443
	 Hosting
	  	Hosting	  	Cisco	  	network	  	10/100	  	DiData Inv 10443
	 Hosting
	  	Hosting	  	Cisco	  	network	  	10/100	  	DiData Inv 10443
	 Hosting
	  	Hosting	  	Cisco	  	network	  	10/100	  	DiData Inv 10443
	 Hosting
	  	Hosting	  	Compaq	  	Server	  	DL380	  	d023dkn1q784
	 Customization
	  	Hosting	  	SUN	  	server	  	Ultra10	  	FW84420189
	 Customization
	  	Hosting	  	SUN	  	server	  	Ultra10	  	FW84250218
	 Customization
	  	Hosting	  	SUN	  	server	  	Ultra10	  	FW8420188
	 Customization
	  	Hosting	  	SUN	  	server	  	Ultra10	  	FW82556620
	 Customization
	  	Hosting	  	SUN	  	server	  	Ultra10	  	FW84720667
	 Customization
	  	Hosting	  	SUN	  	server	  	Ultra1	  	709F036
	 Customization
	  	Hosting	  	SUN	  	server	  	Ultra5	  	FW83139373
	 Customization
	  	Hosting	  	SUN	  	server	  	Ultra5	  	FW94150054
	 Customization
	  	Hosting	  	SUN	  	server	  	Ultra10	  	FW83240954

  

 Exhibits 
  
 Execution Copy 
  

											
	 Customization
	  	Hosting	  	SUN	  	server	  	Ultra10	  	FW84250210
	 Customization
	  	Hosting	  	SUN	  	server	  	Ultra2	  	849F2881
	 Customization
	  	Hosting	  	SUN	  	server	  	Sparc	  	613F2287
	 Customization
	  	Hosting	  	SUN	  	server	  	Ultra10	  	FW84250117
	 Customization
	  	Hosting	  	SUN	  	server	  	Ultra10	  	FW82237227
	 Customization
	  	Hosting	  	MICRON	  	pc	  	MILLENNIA	  	9223253-0001
	 Customization
	  	Hosting	  	MICRON	  	pc	  	CLIENTPRO	  	1401902-0003
	 Customization
	  	Hosting	  	Clariion	  	disk	  	array	  	MS1018462900
	 Customization
	  	Hosting	  	SUN	  	server	  	E250	  	942H3630
	 Customization
	  	Hosting	  	HP	  	monitor	  	A4575A	  	JP01015934
	 Customization
	  	Hosting	  	HP	  	monitor	  	A4575A	  	JP01015985
	 Customization
	  	Hosting	  	HP	  	monitor	  	A4575A	  	JP02117215
	 Customization
	  	Hosting	  	HP	  	monitor	  	A4575A	  	JP01022366
	 Customization
	  	Hosting	  	Cisco	  	network	  	2514	  	251130622
	 Customization
	  	Hosting	  	BLACKBOX	  	MULTIEXP	  	AA0050174	  	 
	 Customization
	  	Hosting	  	BLACKBOX	  	MULTIEXP	  	AA0047788	  	 
	 A. Rajan
	  	Hosting	  	SUN	  	server	  	Ultra5	  	SFW94150010
	 D. Desrochers
	  	Hosting	  	DELL	  	pc	  	4100	  	DWLHG01
	 D. Desrochers
	  	Hosting	  	HP	  	monitor	  	A4575A	  	JP81109728
	 D. Desrochers
	  	Hosting	  	SUN	  	server	  	Ultra10	  	FW83240941
	 D. Desrochers
	  	Hosting	  	SUN	  	monitor	  	19” LM751U	  	9804KE0126
	 D. Desrochers
	  	Hosting	  	SUN	  	server	  	Ultra10	  	FW84720692
	 D. Desrochers
	  	Hosting	  	SUN	  	server	  	Ultra10	  	FW83240929
	 J. Burham
	  	Hosting	  	DELL	  	pc	  	4100	  	B2LHG01
	 hosting
	  	Hosting	  	Sun	  	monitor	  	19” monitor	  	9609GI2112
	 hosting
	  	Hosting	  	Sun	  	server	  	Ultra1	  	717F0849
	 hosting
	  	Hosting	  	Sun	  	server	  	Netra	  	HL11020234
	 hosting
	  	Hosting	  	Chrysalis	  	crypto	  	ITS	  	1002169
	 hosting
	  	Hosting	  	Sun	  	server	  	NetraT1	  	038C1855
	 hosting
	  	Hosting	  	Sun	  	server	  	Ultra1	  	717F0727
	 hosting
	  	Hosting	  	Sun	  	server	  	Ultra2	  	723F1001
	 hosting
	  	Hosting	  	Sun	  	server	  	Ultra10	  	FW83240923
	 hosting
	  	Hosting	  	Sun	  	monitor	  	19” monitor	  	9835ke1956
	 J.Desousa
	  	Hosting	  	Compaq	  	pc	  	Deskpro	  	6025dkzzd475
	 N.Moscone
	  	Hosting	  	sun	  	server	  	Ultra2	  	839f21b6
	 N.Moscone
	  	Hosting	  	sun	  	server	  	Ultra2	  	N/A
	 N.Moscone
	  	Hosting	  	sun	  	monitor	  	19” monitor	  	na
	 hosting
	  	Hosting	  	ravlin	  	network	  	7150	  	93244100009
	 hosting
	  	Hosting	  	cisco	  	network	  	2514	  	250271053
	 hosting
	  	Hosting	  	cisco	  	network	  	2514	  	25990711
	 hosting
	  	Hosting	  	Compaq	  	pc	  	deskpro	  	6025dkzzd252
	 hosting
	  	Hosting	  	Compaq	  	server	  	1600	  	d949c8d1k205
	 N.Moscone
	  	Hosting	  	dell	  	pc	  	gx200	  	na
	 M.Rioux
	  	Hosting	  	Sun	  	monitor	  	19” monitor	  	9752kh2960
	 M.Rioux
	  	Hosting	  	Sun	  	server	  	Ultra2	  	851f39bb
	 T.Dowling
	  	Hosting	  	Sun	  	monitor	  	19” monitor	  	9815kh1631
	 T.Dowling
	  	Hosting	  	Sun	  	server	  	Ultra5	  	FW94220248
	 T.Dowling
	  	Hosting	  	Compaq	  	laptop	  	amarda	  	1j91cbw4e258
	 hosting
	  	Hosting	  	Sun	  	server	  	Ultra2	  	821fcd2c
	 hosting
	  	Hosting	  	Sun	  	server	  	Ultra2	  	706f06f2
	 hosting
	  	Hosting	  	Sun	  	server	  	Ultra1	  	717f0803

  

 Exhibits 
  
 Execution Copy 
  

											
	 hosting
	  	Hosting	  	Sun	  	server	  	Ultra1	  	710f0e41
	 hosting
	  	Hosting	  	Chrysalis	  	crypto	  	ITS	  	1002191
	 hosting
	  	Hosting	  	Sun	  	disk	  	array	  	713g5040
	 hosting
	  	Hosting	  	Sun	  	server	  	Ultra2	  	839f2887
	 G.Roux
	  	Hosting	  	Moesler	  	safe	  	2-drawer	  	 
	 G.Roux
	  	Hosting	  	Compaq	  	pc	  	deskpro	  	68811br32e973
	 hosting
	  	Hosting	  	cisco	  	network	  	3000	  	cmn824ocra
	 hosting
	  	Hosting	  	cisco	  	network	  	2514	  	250376552
	 hosting
	  	Hosting	  	compaq	  	pc	  	deskpro	  	6743bq55q377
	 hosting
	  	Hosting	  	nec	  	monitor	  	19” monitor	  	8925983ne
	 hosting
	  	Hosting	  	sun	  	monitor	  	19” monitor	  	9515fr100
	 hosting
	  	Hosting	  	sun	  	server	  	Ultra2	  	809fc192
	 hosting
	  	Hosting	  	sun	  	monitor	  	19” monitor	  	950fc1046
	 hosting
	  	Hosting	  	sun	  	server	  	e250	  	931h2b8b
	 hosting
	  	Hosting	  	nec	  	monitor	  	19” monitor	  	8x01052ne
	 hosting
	  	Hosting	  	dell	  	pc	  	gx200	  	7y2p601
	 hosting
	  	Hosting	  	Ncipher	  	crypto	  	nshield	  	01-531410
	 hosting
	  	Hosting	  	nec	  	monitor	  	19” monitor	  	8925768ne
	 hosting
	  	Hosting	  	compaq	  	server	  	DL380	  	d024dnk1q346
	 hosting
	  	Hosting	  	DELL	  	pc	  	gx1	  	hkzpv
	 hosting
	  	Hosting	  	Ncipher	  	crypto	  	nshield	  	01-531175
	 hosting
	  	Hosting	  	Belkin	  	matrix	  	3005120740	  	 
	 hosting
	  	Hosting	  	Clariion	  	disk	  	array	  	96663356
	 hosting
	  	Hosting	  	Clariion	  	disk	  	array	  	299300335
	 support room
	  	Hosting	  	sun	  	monitor	  	19” monitor	  	9846kn2548
	 support room
	  	Hosting	  	Compaq	  	server	  	1600R	  	d822bqv10034
	 support room
	  	Hosting	  	dell	  	server	  	300sc	  	na
	 support room
	  	Hosting	  	sun	  	server	  	e220	  	amex owned ??
	 support room
	  	hosting	  	sun	  	server	  	e220	  	amex owned ??
	 support room
	  	Hosting	  	na	  	rack	  	19” rack	  	 
	 support room
	  	Hosting	  	na	  	rack	  	19” rack	  	 
	 support room
	  	Hosting	  	trak	  	gps	  	8821	  	316
	 support room
	  	Hosting	  	Compaq	  	pc	  	Deskpro	  	6841bvfzj490
	 support room
	  	Hosting	  	Compaq	  	pc	  	Deskpro	  	6912ccl6b064
	 support room
	  	Hosting	  	microlan	  	pc	  	pc	  	mlp1336091901
	 support room
	  	Hosting	  	microlan	  	pc	  	pc	  	mlp1336061301
	 support room
	  	Hosting	  	mosler	  	safe	  	2-drawer	  	8120513
	 support room
	  	Hosting	  	mosler	  	safe	  	2-drawer	  	8120512
	 support room
	  	Hosting	  	mosler	  	safe	  	2-drawer	  	2550614
	 support room
	  	Hosting	  	mosler	  	safe	  	4-drawer	  	2560047
	 online room
	  	hosting	  	sun	  	server	  	Ultra10	  	FW83830065
	 online room
	  	Hosting	  	sun	  	monitor	  	19” monitor	  	9609gi2111
	 online room
	  	Hosting	  	sun	  	monitor	  	19” monitor	  	9509gi6774
	 online room
	  	Hosting	  	Ncipher	  	crypto	  	nshield	  	01-530112
	 online room
	  	Hosting	  	mosler	  	safe	  	4-drawer	  	2560497
	 online room
	  	Hosting	  	mosler	  	safe	  	4-drawer	  	2560606
	 online room
	  	Hosting	  	mosler	  	safe	  	4-drawer	  	2560079
	 online room
	  	Hosting	  	mosler	  	safe	  	2-drawer	  	2250149
	 online room
	  	Hosting	  	mosler	  	safe	  	2-drawer	  	2250169
	 online room
	  	Hosting	  	Compaq	  	server	  	740	  	d908chm10009
	 online room
	  	Hosting	  	sun	  	monitor	  	19” monitor	  	9737gi5394

  

 Exhibits 
  
 Execution Copy 
  

											
	 online room
	  	Hosting	  	chrysalis	  	ped	  	lunaped	  	615
	 online room
	  	Hosting	  	Chrysalis	  	crypto	  	ITS	  	1001940
	 PartnerForum
	  	Hosting	  	mosler	  	safe	  	2-drawer	  	2250142
	 PartnerForum
	  	Hosting	  	sun	  	monitor	  	19” monitor	  	973gi0217
	 PartnerForum
	  	Hosting	  	baltimore	  	keyper	  	sureware	  	j2213
	 PartnerForum
	  	Hosting	  	Compaq	  	rack	  	19” rack	  	 
	 PartnerForum
	  	Hosting	  	unknown	  	rack	  	19” rack	  	 
	 PartnerForum
	  	Hosting	  	nfr	  	network	  	nid310	  	 
	 PartnerForum
	  	Hosting	  	nfr	  	network	  	nid310	  	 
	 PartnerForum
	  	Hosting	  	nfr	  	network	  	nid310	  	 
	 PartnerForum
	  	Hosting	  	dell	  	server	  	gx200	  	3dj2m01 (pf-www00)
	 PartnerForum
	  	Hosting	  	dell	  	server	  	gx200	  	brg5501 (nfr admin)
	 PartnerForum
	  	Hosting	  	sun	  	server	  	sparc5	  	548f0277 (offline)
	 PartnerForum
	  	Hosting	  	sun	  	server	  	ultra10	  	fw83240943
	 PartnerForum
	  	Hosting	  	sun	  	server	  	ultra1	  	709f0500
	 PartnerForum
	  	Hosting	  	sun	  	server	  	ultra5	  	fw92341101
	 PartnerForum
	  	Hosting	  	sun	  	server	  	ultra5	  	fw82442688
	 PartnerForum
	  	Hosting	  	Sun	  	server	  	ultra5	  	fw82943110
	 PartnerForum
	  	Hosting	  	sun	  	server	  	ultra10	  	fw84310467
	 PartnerForum
	  	Hosting	  	sun	  	server	  	ultra2	  	O40t2139
	 PartnerForum
	  	hosting	  	Chrysalis	  	crypto	  	its	  	1001896
	 PartnerForum
	  	Hosting	  	sun	  	server	  	ultra5	  	fw84240097
	 PartnerForum
	  	Hosting	  	blackbox	  	serverswitch	  	9810228167	  	 
	 COE
	  	Hosting	  	sun	  	server	  	ultra2	  	040t2114
	 COE
	  	Hosting	  	sun	  	server	  	ultra1	  	640f0347
	 COE
	  	Hosting	  	sun	  	monitor	  	19” monitor	  	9545gi6675
	 COE
	  	Hosting	  	sun	  	server	  	ultra1	  	642f0790
	 COE
	  	Hosting	  	Sun	  	server	  	sparc20	  	613f1745
	 COE
	  	Hosting	  	sun	  	server	  	sparc20	  	613f1749
	 COE
	  	Hosting	  	sun	  	server	  	ultra2	  	828f262a
	 COE
	  	Hosting	  	sun	  	server	  	ultra2	  	741fc807
	 COE
	  	Hosting	  	cisco	  	network	  	2514	  	250708601
	 COE
	  	hosting	  	cisco	  	network	  	2514	  	251297389
	 COE
	  	Hosting	  	cisco	  	network	  	3000	  	10100379
	 COE
	  	Hosting	  	cisco	  	network	  	3000	  	10201792
	 COE
	  	Hosting	  	cray	  	network	  	t1-csu	  	na
	 COE
	  	Hosting	  	cray	  	network	  	t1-csu	  	na
	 COE
	  	hosting	  	sun	  	server	  	ultra2	  	711f04e2
	 COE
	  	Hosting	  	Compaq	  	laptop	  	7400	  	7946ch810377
	 COE
	  	Hosting	  	trak	  	gps	  	8812	  	315
	 COE
	  	Hosting	  	trak	  	gps	  	8812	  	319
	 MC
	  	Hosting	  	sun	  	monitor	  	19” monitor	  	9638gi4258
	 MC
	  	Hosting	  	Sun	  	server	  	e250	  	031h5030
	 MC
	  	Hosting	  	sun	  	tape	  	dlt	  	847c0208
	 MC
	  	Hosting	  	sun	  	server	  	ultra2	  	848f2916
	 MC
	  	Hosting	  	sun	  	tape	  	dlt	  	850c0114
	 MC
	  	Hosting	  	sun	  	monitor	  	19” monitor	  	9329FC2137
	 MC
	  	Hosting	  	mosler	  	safe	  	2-drawer	  	2250170
	 MC
	  	hosting	  	clariion	  	disk	  	array	  	9736758
	 hosting
	  	Hosting	  	baltimore	  	keyper	  	sureware	  	2038
	 hosting
	  	Hosting	  	baltimore	  	keyper	  	sureware	  	2263

  

 Exhibits 
  
 Execution Copy 
  

											
	 hosting
	  	Hosting	  	baltimore	  	keyper	  	sureware	  	2148
	 mc-offline
	  	Hosting	  	sun	  	monitor	  	19” monitor	  	9609gi2117
	 mc-offline
	  	Hosting	  	sun	  	server	  	ultra10	  	fw84930143
	 mc-offline
	  	Hosting	  	sun	  	monitor	  	19” monitor	  	95o6fc4075
	 mc-offline
	  	Hosting	  	sun	  	server	  	sparc5	  	613f2018
	 mc-offline
	  	Hosting	  	sun	  	server	  	sparc20	  	423f1678
	 mc-offline
	  	hosting	  	mosler	  	safe	  	2-drawer	  	2250167
	 online room
	  	Hosting	  	mosler	  	safe	  	2-drawer	  	8120505
	 online room
	  	Hosting	  	mosler	  	safe	  	2-drawer	  	22501165
	 online room
	  	Hosting	  	sun	  	monitor	  	19” monitor	  	9738gi0216
	 online room
	  	Hosting	  	sun	  	monitor	  	19” monitor	  	9709gi1301
	 online room
	  	Hosting	  	sun	  	tape	  	dlt	  	918c2934
	 online room
	  	Hosting	  	Compaq	  	pc	  	Deskpro	  	6912ccl68304
	 online room
	  	Hosting	  	atl	  	tape	  	p3000	  	903ba10132
	 online room
	  	Hosting	  	mti	  	disk	  	array	  	9736-8047
	 online room
	  	Hosting	  	sun	  	server	  	e450	  	929h2b22
	 online room
	  	Hosting	  	clariion	  	disk	  	array	  	114356-0111 (disk cabinet)
	 online room
	  	Hosting	  	sun	  	tape	  	dlt	  	918c2925
	 online room
	  	Hosting	  	sun	  	server	  	ultra2	  	828f2887
	 online room
	  	Hosting	  	sun	  	server	  	ultra2	  	849f2887
	 online room
	  	Hosting	  	sun	  	tape	  	dlt	  	849c1254
	 online room
	  	Hosting	  	sun	  	tape	  	dlt	  	847c0193
	 online room
	  	Hosting	  	sun	  	tape	  	dlt	  	918c2923
	 online room
	  	Hosting	  	sun	  	server	  	ultra2	  	821fd223
	 online room
	  	Hosting	  	sun	  	tape	  	dlt	  	847c0202
	 online room
	  	Hosting	  	sun	  	server	  	ultra2	  	919h2459
	 online room
	  	Hosting	  	sun	  	server	  	ultra2	  	839f21e4
	 online room
	  	Hosting	  	sun	  	tape	  	dlt	  	847c0208
	 online room
	  	Hosting	  	sun	  	server	  	ultra2	  	847f3336
	 online room
	  	Hosting	  	sun	  	server	  	e250	  	942h362v
	 online room
	  	Hosting	  	sun	  	tape	  	dlt	  	847c0207
	 online room
	  	Hosting	  	sun	  	server	  	ultra2	  	849f2878
	 online room
	  	Hosting	  	sun	  	tape	  	dlt	  	847c0194
	 online room
	  	Hosting	  	clariion	  	disk	  	array	  	9739036
	 online room
	  	Hosting	  	clariion	  	disk	  	array	  	9663397
	 online room
	  	Hosting	  	clariion	  	disk	  	array	  	9719816
	 online room
	  	Hosting	  	clariion	  	disk	  	array	  	9738195
	 online room
	  	Hosting	  	clariion	  	disk	  	array	  	9898578
	 online room
	  	Hosting	  	clariion	  	disk	  	array	  	na
	 online room
	  	Hosting	  	amco	  	rack	  	19”Rack	  	 
	 online room
	  	Hosting	  	amco	  	rack	  	19”Rack	  	 
	 online room
	  	Hosting	  	amco	  	rack	  	19”Rack	  	 
	 online room
	  	Hosting	  	amco	  	rack	  	19”Rack	  	 
	 online room
	  	Hosting	  	amco	  	rack	  	19”Rack	  	 
	 online room
	  	Hosting	  	amco	  	rack	  	19”Rack	  	 
	 online room
	  	Hosting	  	blackbox	  	serverswitch	  	9904-302999	  	 
	 online room
	  	Hosting	  	Compaq	  	server	  	DL380	  	d023dkn1r257
	 online room
	  	Hosting	  	Compaq	  	server	  	DL380	  	d018dnk1k707
	 online room
	  	Hosting	  	Compaq	  	server	  	DL380	  	d018dnk1k186
	 online room
	  	Hosting	  	Compaq	  	server	  	DL380	  	d023dkn1k951
	 online room
	  	Hosting	  	Compaq	  	rack	  	19” rack	  	 

  

 Exhibits 
  
 Execution Copy 
  

											
	 online room
	  	Hosting	  	sun	  	server	  	e220	  	0044h388a
	 online room
	  	Hosting	  	sun	  	server	  	e220	  	035h4736
	 online room
	  	Hosting	  	mag	  	monitor	  	19” monitor	  	mh4306018921
	 online room
	  	Hosting	  	amco	  	rack	  	19” Rack	  	 
	 online room
	  	Hosting	  	Compaq	  	server	  	DL380	  	d023dkn1q918
	 online room
	  	Hosting	  	baltimore	  	keyper	  	sureware	  	j2294
	 online room
	  	Hosting	  	Chrysalis	  	crypto	  	nshield	  	na
	 online room
	  	Hosting	  	Compaq	  	rack	  	19” rack	  	 
	 online room
	  	Hosting	  	Compaq	  	rack	  	19” rack	  	 
	 online room
	  	Hosting	  	sun	  	monitor	  	19” monitor	  	9846ka2439
	 online room
	  	Hosting	  	sun	  	server	  	ultra10	  	fw92460468
	 online room
	  	Hosting	  	sun	  	server	  	sparc5	  	613f1fe4
	 online room
	  	Hosting	  	sun	  	server	  	ultra2	  	040t2129
	 online room
	  	Hosting	  	blackbox	  	serverswitch	  	0011-412154	  	 
	 online room
	  	Hosting	  	sun	  	server	  	ultra2	  	041t2010
	 online room
	  	Hosting	  	sun	  	server	  	ultra10	  	fw84730436
	 online room
	  	Hosting	  	sun	  	server	  	sparc5	  	626f0be1
	 online room
	  	Hosting	  	sun	  	server	  	ultra2	  	919h2448
	 online room
	  	Hosting	  	sun	  	monitor	  	19” monitor	  	946kn2547
	 online room
	  	Hosting	  	sun	  	server	  	ultra2	  	741fc806
	 hosting
	  	Hosting	  	dell	  	pc	  	gx200	  	c4pm601
	 hosting
	  	Hosting	  	chrysalis	  	ped	  	lunaped	  	366
	 hosting
	  	Hosting	  	sun	  	server	  	sparc5	  	613f16d8
	 dead
	  	Hosting	  	sun	  	server	  	sparc20	  	613f1b53
	 dead
	  	hosting	  	sun	  	server	  	sparc10	  	318f039
	 dead
	  	hosting	  	sun	  	server	  	sparc10	  	306f0535
	 dead
	  	hosting	  	sun	  	server	  	sparc5	  	613f2007
	 dead
	  	Hosting	  	sun	  	server	  	sparc5	  	613f209
	 dead
	  	Hosting	  	sun	  	server	  	sparc5	  	na
	 dead
	  	Hosting	  	sun	  	server	  	sparc5	  	548f028f
	 dead
	  	Hosting	  	sun	  	server	  	sparc5	  	643f164c
	 dead
	  	Hosting	  	sun	  	server	  	sparc5	  	714a0487
	 dead
	  	Hosting	  	sun	  	server	  	sparc5	  	708m2340
	 dead
	  	Hosting	  	sun	  	server	  	sparc5	  	642f0fd0
	 dead
	  	Hosting	  	sun	  	server	  	sparc5	  	613f2018
	 dead
	  	Hosting	  	sun	  	server	  	sparc5	  	738c1347
	 dead
	  	Hosting	  	sun	  	server	  	sparc5	  	613f2023
	 dead
	  	Hosting	  	sun	  	server	  	sparc5	  	513f1fe1
	 dead
	  	Hosting	  	sun	  	server	  	sparc5	  	613f2286
	 dead
	  	Hosting	  	sun	  	server	  	sparc5	  	641f0400
	 dead
	  	Hosting	  	sun	  	server	  	sparc5	  	613f1e4a
	 hosting
	  	Hosting	  	clariion	  	disk array	  	dt9636	  	 
	 hosting
	  	Hosting	  	clariion	  	disk	  	disk array	  	113186-0020
	 hosting
	  	Hosting	  	clariion	  	disk	  	disk array	  	9736750
	 hosting
	  	Hosting	  	clariion	  	disk array	  	dt9622	  	 
	 hosting
	  	Hosting	  	clariion	  	disk array	  	na	  	 
	 hosting
	  	Hosting	  	clariion	  	disk array	  	na	  	 
	 hosting
	  	hosting	  	clariion	  	disk array	  	na	  	 
	 hosting
	  	Hosting	  	baltimore	  	keyper	  	sureware	  	na
	 hosting
	  	Hosting	  	quantum	  	tape	  	dlt2500	  	 
	 hosting
	  	Hosting	  	quantum	  	tape	  	dlt2500	  	 

  

 Exhibits 
  
 Execution Copy 
  

											
	 hosting
	  	Hosting	  	quantum	  	tape	  	dlt2500	  	 
	 hosting
	  	Hosting	  	quantum	  	tape	  	dlt2500	  	 
	 hosting
	  	Hosting	  	idacom	  	test equip	  	x25 tester	  	01-0260
	 hosting
	  	Hosting	  	quantum	  	tape	  	dlt2500	  	 
	 hosting
	  	Hosting	  	sun	  	tape	  	dds3	  	 
	 hosting
	  	Hosting	  	sun	  	tape	  	dlt	  	 
	 hosting
	  	Hosting	  	sun	  	monitor	  	21” Monitor	  	9846kn2584
	 hosting
	  	Hosting	  	sun	  	monitor	  	21” Monitor	  	9849kn1026
	 hosting
	  	Hosting	  	clariion	  	disk	  	disk array	  	9736751
	 hosting
	  	Hosting	  	Compaq	  	server	  	dl380	  	d024dkn1p709
	 hosting
	  	Hosting	  	Compaq	  	server	  	dl380	  	d024dnk1l916
	 hosting
	  	Hosting	  	Compaq	  	server	  	dl380	  	d024dkn1q353
	 hosting
	  	Hosting	  	Compaq	  	server	  	dl380	  	d024dkn1p264
	 Hosting
	  	Hosting	  	Sun	  	Server	  	T1-Netra	  	HF13528599
	 hosting
	  	Hosting	  	Compaq	  	laptop	  	Armada 4220T	  	A01224
	 Dublin
	  	Hosting	  	Compaq	  	Server	  	DL380	  	8048FD511015
	 Dublin
	  	Hosting	  	Compaq	  	server	  	DL380	  	8045FD511137
	 Dublin
	  	Hosting	  	baltimore	  	crypto	  	SWK	  	J2316
	 Dublin
	  	Hosting	  	baltimore	  	crypto	  	SWK	  	J2099
	 Dublin
	  	Hosting	  	baltimore	  	crypto	  	SWK	  	Nokia equipment in Dublin

  

 Exhibits 
  
 Execution Copy 
  
 SCHEDULE 3(C) 
 NON CONTRAVENTION 
  

	1.	 	Agreements requiring consent: 

  
 AMEX – Amended and Restated Master Agreement for Electronic Commerce dated September 23, 1999 as modified by Amendment No. 2 dated June 10, 2002 and Amendment No. 3 dated December 17, 2002. 
  
 Mastercard International – Agreement dated February 10, 1997, as amended and supplemented, and all
related agreements 
  
 State Street – Agreement dated July 31, 2001. 
  
 Trigon BC/BS (Anthem) – Agreement dated June 28, 1999 and Master Professional Services Agreement
dated June 13, 2003. 
  
 Verizon (Bell Atlantic) – Agreement dated August, 1999.

  
 Ruesch International – Agreement dated February 5, 1999. 
  
 Merrill Lynch – Agreement dated September 3, 1999. 
  
 Nokia – Root Key and Hosting Services Agreement dated November 1, 2000 
  

 Exhibits 
  
 Execution Copy 
  
 SCHEDULE 3(H) 
 FINANCIAL INFORMATION 

 

																							
	 	  	Hosting Revenue YTD

	 Customer
 Name
	  	Jan	  	Feb	  	Mar	  	April	  	May	  	June	 	 	Grand
Total
Hosting
	

	 Akamai**
	  	$	945	  	$	6,510	  	$	630	  	$	4,410	  	$	2,065	  	$	630	 	 	$	15,190
	 ADOBE SYSTEMS INC
	  	$	375	  	$	400	  	$	400	  	$	400	  	$	400	  	 	 	 	 	$	1,976
	 American Express
	  	 	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 	 	 	 	 	 
	 American Express Snowstorm
	  	$	6,738	  	$	6,738	  	$	6,738	  	$	6,738	  	$	6,738	  	$	(16,363	)	 	$	17,325
	 AMERICAN EXPRESS TRAVEL RS
	  	$	11,946	  	$	12,346	  	$	12,946	  	$	9,946	  	$	9,946	  	 	 	 	 	$	57,129
	 American Express-U.K.
	  	$	2,008	  	$	2,008	  	$	2,008	  	$	2,672	  	$	2,672	  	$	(640	)	 	$	10,727
	 Atrion Networking
	  	$	643	  	$	643	  	$	643	  	$	2,070	  	$	1,751	  	$	876	 	 	$	6,626
	 BANC ONE
	  	 	 	  	$	1,100	  	$	2,200	  	$	1,100	  	$	1,100	  	 	 	 	 	$	5,500
	 CIGNA
	  	$	9,698	  	$	9,698	  	$	9,698	  	$	9,698	  	$	9,698	  	$	9,698	 	 	$	58,187
	 Crosshair Technologies
	  	$	770	  	$	770	  	$	770	  	$	770	  	$	770	  	$	770	 	 	$	4,620
	 GTE DATA SERVICES INC
	  	$	385	  	$	385	  	$	385	  	$	385	  	$	385	  	$	385	 	 	$	2,310
	 GTE INTERNETWORKING SERVICES
	  	 	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 	 	 	 	 	 
	 GTE TSI
	  	$	4,327	  	$	4,327	  	$	115	  	$	115	  	$	115	  	$	115	 	 	$	9,115
	 Ingenix
	  	 	 	  	 	 	  	$	2,040	  	$	2,040	  	$	2,040	  	$	(2,040	)	 	$	4,080
	 ITT SHERATON
	  	 	 	  	 	 	  	$	1,799	  	$	360	  	$	360	  	$	360	 	 	$	2,878
	 MASTERCARD INTERNATIONAL INC
	  	$	30,485	  	$	29,714	  	$	15,069	  	$	21,197	  	$	21,197	  	$	5,974	 	 	$	123,636
	 MasterCard International Incorporat
	  	$	2,531	  	$	2,531	  	$	2,531	  	$	2,531	  	$	2,531	  	$	(126	)	 	$	12,531
	 MERRILL LYNCH
	  	$	1,942	  	$	20,142	  	$	1,542	  	$	1,942	  	$	1,942	  	$	1,942	 	 	$	29,450
	 RUESCH INTERNATIONAL
	  	$	1,897	  	$	1,897	  	$	1,897	  	$	1,897	  	$	1,897	  	$	1,897	 	 	$	11,384
	 Orange SA-Service Compatabille
	  	 	 	  	 	 	  	$	45,000	  	 	 	  	 	 	  	 	 	 	 	$	45,000
	 State Street Bank and Trust Company
	  	$	6,733	  	$	6,733	  	$	6,733	  	$	6,733	  	$	6,733	  	$	6,733	 	 	$	40,400
	 SWISSCOM AG BERN
	  	$	2,536	  	$	845	  	$	845	  	$	845	  	$	845	  	$	845	 	 	$	6,762
	 Texas Department of Transportation
	  	$	1,829	  	$	1,829	  	$	1,829	  	$	1,829	  	$	1,829	  	$	1,829	 	 	$	10,973
	 THE DREYFUS CORPORATION
	  	$	1,059	  	$	1,059	  	$	1,059	  	$	1,059	  	$	1,059	  	$	1,059	 	 	$	6,353
	 TRIGON BLUE CROSS BLUE SHIELD
	  	$	2,742	  	 	 	  	$	11,000	  	$	5,500	  	$	5,500	  	$	5,500	 	 	$	30,242
	 Verizon
	  	$	2,579	  	$	2,579	  	$	2,579	  	$	578	  	$	578	  	$	578	 	 	$	9,469
	 GTE WIRELESS OF THE SOUTH INC
	  	$	2,310	  	$	2,310	  	$	2,310	  	$	2,310	  	$	2,310	  	$	2,310	 	 	$	13,860
	 Dictaphone
	  	 	 	  	 	 	  	 	 	  	 	 	  	 	 	  	$	1,176	 	 	$	1,176
	 Banexco Banco Universal
	  	$	748	  	 	 	  	 	 	  	 	 	  	 	 	  	 	 	 	 	$	748
	 Banco Mercantil
	  	$	2,701	  	$	2,701	  	$	2,701	  	$	2,701	  	$	2,701	  	$	2,701	 	 	$	16,209
	 Verizon VPN
	  	$	—  	  	$	—  	  	$	—  	  	$	—  	  	$	—  	  	$	—  	 	 	 	 
	 	  	$	96,981	  	$	110,755	  	$	89,837	  	$	85,416	  	$	90,748	  	$	37,675	 	 	$	553,856

  

																
	 	  	 	  	 	  	 	  	 	  	 
	 Customer
 Name
	  	Certificate
Revenue	  	Consulting
Revenue	  	Program
Management	  	Support
Revenue	  	Grant Total
	

	 Akamai**
	  	 	 	  	 	 	  	 	 	  	 	 	  	$	15,190
	 ADOBE SYSTEMS INC
	  	 	 	  	 	 	  	 	 	  	$	6,615	  	$	8,591
	 American Express
	  	$	26,250	  	 	 	  	 	 	  	 	 	  	$	26,250
	 American Express Snowstorm
	  	$	1,331	  	 	 	  	 	 	  	$	5,175	  	$	23,831
	 AMERICAN EXPRESS TRAVEL RS
	  	$	160,243	  	 	 	  	 	 	  	$	14,854	  	$	232,227
	 American Express-U.K.
	  	$	29,892	  	 	 	  	 	 	  	$	3,977	  	$	44,596
	 Atrion Networking
	  	 	 	  	 	 	  	 	 	  	$	16,301	  	$	22,928
	 BANC ONE
	  	$	18,750	  	 	 	  	 	 	  	$	3,850	  	$	28,100
	 CIGNA
	  	 	 	  	 	 	  	 	 	  	$	86,835	  	$	145,022
	 Crosshair Technologies
	  	 	 	  	 	 	  	 	 	  	$	1,380	  	$	6,000
	 GTE DATA SERVICES INC
	  	 	 	  	 	 	  	 	 	  	$	690	  	$	3,000
	 GTE INTERNETWORKING SERVICES
	  	 	 	  	 	 	  	 	 	  	$	14,400	  	$	14,400
	 GTE TSI
	  	 	 	  	 	 	  	 	 	  	$	3,890	  	$	13,006
	 Ingenix
	  	 	 	  	 	 	  	 	 	  	$	9,791	  	$	13,871
	 ITT SHERATON
	  	 	 	  	 	 	  	 	 	  	 	 	  	$	2,878
	 MASTERCARD INTERNATIONAL INC
	  	$	143,292	  	 	 	  	$	25,664	  	$	22,254	  	$	314,846
	 MasterCard International Incorporat
	  	 	 	  	 	 	  	 	 	  	$	3,744	  	$	16,275
	 MERRILL LYNCH
	  	 	 	  	$	5,000	  	 	 	  	$	500	  	$	34,950
	 RUESCH INTERNATIONAL
	  	 	 	  	 	 	  	 	 	  	$	3,400	  	$	14,784
	 Orange SA-Service Compatabille
	  	 	 	  	 	 	  	 	 	  	 	 	  	$	45,000
	 State Street Bank and Trust Company
	  	 	 	  	 	 	  	 	 	  	$	7,587	  	$	47,988
	 SWISSCOM AG BERN
	  	 	 	  	 	 	  	 	 	  	$	22,638	  	$	29,400
	 Texas Department of Transportation
	  	 	 	  	 	 	  	 	 	  	$	3,278	  	$	14,250
	 THE DREYFUS CORPORATION
	  	 	 	  	 	 	  	 	 	  	$	1,898	  	$	8,250
	 TRIGON BLUE CROSS BLUE SHIELD
	  	 	 	  	$	7,500	  	 	 	  	 	 	  	$	37,742
	 Verizon
	  	 	 	  	 	 	  	 	 	  	$	2,492	  	$	11,961
	 GTE WIRELESS OF THE SOUTH INC
	  	 	 	  	 	 	  	 	 	  	$	4,140	  	$	18,000
	 Dictaphone
	  	 	 	  	 	 	  	 	 	  	$	351	  	$	1,528
	 Banexco Banco Universal
	  	 	 	  	 	 	  	 	 	  	$	623	  	$	1,371
	 Banco Mercantil
	  	 	 	  	 	 	  	 	 	  	$	4,842	  	$	21,050
	 Verizon VPN
	  	 	 	  	$	25,000	  	 	 	  	 	 	  	$	25,000
	 	  	$	379,758	  	$	37,500	  	$	25,664	  	$	245,505	  	$	1,242,284

  

 Exhibits 
  
 Execution Copy 
  

																																			
	 	 	Period

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 Customer
 Name
	 	Jan	 	 	Feb	 	Mar	 	 	April	 	May	 	June	 	 	July	 	August	 	 	Sept	 	Oct
	

	 Akamai
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 ADOBE SYSTEMS INC
	 	$	1,283	 	 	$	1,283	 	$	1,283	 	 	$	1,283	 	 	 	 	$	2,567	 	 	$	1,283	 	$	1,283	 	 	$	1,283	 	$	1,283
	 American Express
	 	$	100	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 American Express Snowstorm
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	$	—  	 	$	3,850
	 AMERICAN EXPRESS TRAVEL RS
	 	$	4,504	 	 	$	37,729	 	$	21,216	 	 	$	21,416	 	$	21,073	 	$	20,352	 	 	$	20,752	 	$	40,252	 	 	$	59,752	 	$	18,566
	 American Express-U.K.
	 	 	 	 	 	$	2,567	 	$	1,283	 	 	$	1,283	 	$	1,283	 	$	3,940	 	 	$	15	 	$	2,008	 	 	$	2,008	 	$	2,008
	 ATM Technology Solutions & Security
	 	$	5,000	 	 	$	7,258	 	$	5,000	 	 	$	5,000	 	$	5,000	 	$	(14,830	)	 	 	 	 	 	 	 	 	 	 	 	 	 
	 Atrion Networking
	 	$	2,501	 	 	$	2,501	 	$	2,501	 	 	$	2,501	 	$	3,787	 	$	3,144	 	 	$	3,144	 	$	3,144	 	 	$	3,144	 	$	3,144
	 Bankone
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 Banksys SA
	 	$	192	 	 	$	192	 	$	192	 	 	$	192	 	$	192	 	$	192	 	 	$	167	 	 	 	 	 	 	 	 	 	 
	 Bell Atlantic Data Solutions Group
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 CIGNA
	 	$	7,467	 	 	$	7,467	 	$	7,467	 	 	$	7,467	 	$	7,467	 	$	7,467	 	 	$	7,467	 	$	7,467	 	 	$	7,467	 	$	23,467
	 CITIBANK
	 	 	 	 	 	$	9,240	 	$	3,080	 	 	$	3,080	 	$	3,080	 	$	3,080	 	 	$	3,080	 	$	3,080	 	 	$	3,080	 	$	3,080
	 Crosshair Technologies
	 	$	770	 	 	$	770	 	$	770	 	 	$	770	 	$	770	 	$	770	 	 	$	770	 	$	770	 	 	$	770	 	$	770
	 General Dynamics GSC
	 	$	960	 	 	$	960	 	$	960	 	 	$	832	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 GTE DATA SERVICES INC
	 	$	385	 	 	$	385	 	$	385	 	 	$	385	 	$	385	 	$	385	 	 	$	385	 	$	385	 	 	$	385	 	$	385
	 GTE INTERNETWORKING SERVICES
	 	$	2,400	 	 	$	2,400	 	$	2,400	 	 	$	2,400	 	$	2,400	 	$	2,400	 	 	$	2,400	 	$	2,400	 	 	$	2,400	 	$	2,400
	 GTE TSI
	 	$	3,608	 	 	$	3,608	 	$	4,327	 	 	$	4,327	 	$	4,327	 	$	4,327	 	 	$	4,327	 	$	4,327	 	 	$	4,327	 	$	4,327
	 Ingenix
	 	 	 	 	 	 	 	 	$	67,667	 	 	$	6,333	 	$	6,333	 	$	34,556	 	 	$	3,444	 	$	(6,333	)	 	$	6,333	 	$	0
	 ITT SHERATON
	 	$	342	 	 	$	342	 	$	342	 	 	$	342	 	$	342	 	$	342	 	 	$	342	 	$	342	 	 	$	342	 	$	342
											
	 LOCKHEED MARTIN CORP
	 	$	3,208	 	 	$	3,208	 	$	3,208	 	 	$	3,208	 	$	25,667	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 MASTERCARD INTERNATIONAL INC
	 	$	42,257	 	 	$	47,800	 	$	32,956	 	 	$	44,022	 	$	45,563	 	$	29,195	 	 	$	35,315	 	$	17,330	 	 	$	22,741	 	$	24,317
	 MasterCard International Incorporat
	 	$	2,531	 	 	$	2,531	 	$	2,531	 	 	$	2,531	 	$	2,531	 	$	2,531	 	 	$	2,531	 	$	2,531	 	 	$	2,531	 	$	2,531
	 MERRILL LYNCH
	 	$	275	 	 	$	275	 	$	275	 	 	$	275	 	$	275	 	$	275	 	 	$	275	 	$	275	 	 	$	275	 	 	 
	 Register.com
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 RUESCH INTERNATIONAL
	 	$	2,156	 	 	$	2,156	 	$	2,156	 	 	$	2,156	 	$	2,156	 	$	2,156	 	 	$	2,156	 	$	2,156	 	 	$	2,156	 	$	2,156
	 State Street Bank and Trust Company
	 	$	(6,613	)	 	$	—  	 	$	21,738	 	 	$	3,333	 	$	3,333	 	$	33,043	 	 	$	3,333	 	$	3,333	 	 	$	3,333	 	$	4,233
	 SWISSCOM AG BERN
	 	$	2,695	 	 	$	2,695	 	$	2,695	 	 	$	2,695	 	$	2,695	 	$	2,695	 	 	$	2,695	 	$	2,695	 	 	$	2,695	 	$	2,695
	 Texas Department of Transportation
	 	$	1,829	 	 	$	1,829	 	$	1,829	 	 	$	1,829	 	$	1,829	 	$	1,829	 	 	$	1,829	 	$	1,829	 	 	$	1,829	 	$	1,829
	 THE DREYFUS CORPORATION
	 	$	963	 	 	$	963	 	$	963	 	 	$	963	 	$	963	 	$	963	 	 	$	963	 	$	963	 	 	$	963	 	$	1,059
	 TRIGON BLUE CROSS BLUE SHIELD
	 	$	1,283	 	 	$	1,283	 	$	1,283	 	 	$	1,283	 	$	1,283	 	$	1,283	 	 	$	1,283	 	$	1,283	 	 	$	1,283	 	$	1,283
	 USDatacenters
	 	$	5,775	 	 	$	5,775	 	$	(11,550	)	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 Verizon
	 	$	2,454	 	 	$	2,454	 	$	2,454	 	 	$	2,579	 	$	2,579	 	$	2,579	 	 	$	2,579	 	$	2,579	 	 	$	2,579	 	$	2,579
	 Verizon Data Services-GTE EIPS
	 	$	1,375	 	 	$	1,375	 	$	4,235	 	 	$	4,235	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 Virtual Purchase Card
	 	$	3,849	 	 	$	3,849	 	$	3,849	 	 	$	3,849	 	$	3,849	 	$	3,849	 	 	$	3,849	 	$	3,849	 	 	$	3,849	 	$	3,477
	 GTE WIRELESS OF THE SOUTH INC
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	$	671
	 Bristol Myers Squibb
	 	$	—  	 	 	$	1,005	 	$	1,070	 	 	$	1,005	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 Banexco Banco Universal
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 Banco Mercantil
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	$	93,551	 	 	$	153,900	 	$	188,566	 	 	$	131,576	 	$	149,163	 	$	149,089	 	 	$	104,386	 	$	97,948	 	 	$	135,525	 	$	110,451

  

																															
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 Customer
 Name
	 	NOV	 	 	DEC	 	HostingTotal	 	Certificate	 	 	Consultancy	 	 	program
Management	 	PS	 	global
support	 	Grand Total
	

	 Akamai
	 	$	875	 	 	$	5,250	 	 	 	 	$	6,125	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	$	6,125.00
	 ADOBE SYSTEMS INC
	 	$	1,283	 	 	$	1,283	 	$	15,400	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	$	4,600	 	$	19,999.98
	 American Express
	 	 	 	 	 	 	 	 	$	100	 	$	31,650	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	$	31,749.98
	 American Express Snowstorm
	 	$	3,850	 	 	$	3,850	 	$	11,550	 	$	26,258	 	 	 	 	 	 	 	 	 	 	 	 	$	3,450	 	$	41,258.00
	 AMERICAN EXPRESS TRAVEL RS
	 	$	16,113	 	 	$	16,513	 	$	298,238	 	$	534,164	 	 	$	4,800	 	 	$	7,000	 	 	 	 	$	56,765	 	$	900,967.27
	 American Express-U.K.
	 	$	2,008	 	 	$	2,008	 	$	20,411	 	$	233,119	 	 	$	8,900	 	 	$	2,200	 	 	 	 	$	6,097	 	$	270,727.13
	 ATM Technology Solutions & Security
	 	 	 	 	 	 	 	 	$	12,428	 	 	 	 	 	$	(14,000	)	 	 	 	 	 	 	 	$	1,572	 	$	0.06
	 Atrion Networking
	 	$	3,144	 	 	$	1,772	 	$	34,427	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	$	9,088	 	$	43,514.55
	 Bankone
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	$	20,980	 	$	20,980.00
	 Banksys SA
	 	 	 	 	 	 	 	 	$	1,319	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	$	394	 	$	1,713.13
	 Bell Atlantic Data Solutions Group
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	$	1,950	 	$	1,950.00
	 CIGNA
	 	$	7,467	 	 	$	7,467	 	$	105,609	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	$	204,754	 	$	310,362.69
	 CITIBANK
	 	 	 	 	 	 	 	 	$	33,880	 	$	(2,209	)	 	 	 	 	 	 	 	 	 	 	 	$	10,120	 	$	41,791.00
	 Crosshair Technologies
	 	$	770	 	 	$	770	 	$	9,240	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	$	2,760	 	$	12,000.00
	 General Dynamics GSC
	 	 	 	 	 	 	 	 	$	3,711	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	$	1,566	 	$	5,277.39
	 GTE DATA SERVICES INC
	 	$	385	 	 	$	385	 	$	4,620	 	$	4,099	 	 	 	 	 	 	 	 	 	 	 	 	$	1,380	 	$	10,099.00
	 GTE INTERNETWORKING SERVICES
	 	$	2,400	 	 	$	2,400	 	$	28,800	 	$	438	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	$	29,238.00
	 GTE TSI
	 	$	4,327	 	 	$	4,327	 	$	50,487	 	 	 	 	 	$	10,000	 	 	 	 	 	 	 	 	$	13,647	 	$	74,133.70
	 Ingenix
	 	$	(6,333	)	 	 	 	 	$	112,000	 	 	 	 	 	$	1,250	 	 	$	68,550	 	 	 	 	$	5,345	 	$	187,145.00
	 ITT SHERATON
	 	 	 	 	 	 	 	 	$	3,417	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	$	3,416.66
	 LOCKHEED MARTIN CORP
	 	 	 	 	 	 	 	 	$	38,500	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	$	50,996	 	$	89,496.00
	 MASTERCARD INTERNATIONAL INC
	 	$	41,161	 	 	$	23,933	 	$	406,590	 	$	474,570	 	 	 	 	 	 	$	84,368	 	 	 	 	$	89,330	 	$	1,054,858.24
	 MasterCard International Incorporat
	 	$	2,531	 	 	$	2,531	 	$	30,377	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	$	9,073	 	$	39,450.00
	 MERRILL LYNCH
	 	 	 	 	 	$	5,825	 	$	8,300	 	$	17,500	 	 	 	 	 	 	 	 	 	 	 	 	$	1,000	 	$	26,800.01
	 Register.com
	 	 	 	 	 	 	 	 	 	 	 	$	23,202	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 RUESCH INTERNATIONAL
	 	$	2,156	 	 	$	2,156	 	$	25,872	 	$	30,000	 	 	 	 	 	 	 	 	 	 	 	 	$	7,728	 	$	63,600.00
	 State Street Bank and Trust Company
	 	$	4,233	 	 	$	11,733	 	$	85,036	 	 	 	 	 	$	(24,163	)	 	 	 	 	$	27,300	 	$	18,847	 	$	107,020.09
	 SWISSCOM AG BERN
	 	 	 	 	 	 	 	 	$	26,950	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	$	8,050	 	$	35,000.00
	 Texas Department of Transportation
	 	$	1,829	 	 	$	1,829	 	$	21,945	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	$	6,555	 	$	28,500.00
	 THE DREYFUS CORPORATION
	 	$	1,059	 	 	$	1,059	 	$	11,839	 	$	10,000	 	 	 	 	 	 	 	 	 	 	 	 	$	3,536	 	$	25,374.75
	 TRIGON BLUE CROSS BLUE SHIELD
	 	$	1,283	 	 	$	1,283	 	$	15,400	 	$	29,750	 	 	$	34,500	 	 	 	 	 	 	 	 	$	4,600	 	$	84,250.00
	 USDatacenters
	 	 	 	 	 	 	 	 	$	—  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	$	—  
	 Verizon
	 	$	2,579	 	 	$	2,579	 	$	30,571	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	$	7,787	 	$	38,357.66
	 Verizon Data Services-GTE EIPS
	 	 	 	 	 	 	 	 	$	11,220	 	$	999	 	 	 	 	 	 	 	 	 	 	 	 	$	2,530	 	$	14,749.00
	 Virtual Purchase Card
	 	 	 	 	 	 	 	 	$	38,118	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	$	41,387	 	$	79,504.98
	 GTE WIRELESS OF THE SOUTH INC
	 	$	2,310	 	 	$	2,310	 	$	5,291	 	$	375	 	 	 	 	 	 	 	 	 	 	 	 	$	1,580	 	$	7,245.65
	 Bristol Myers Squibb
	 	 	 	 	 	 	 	 	$	3,080	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	$	920	 	$	4,000.00
	 Banexco Banco Universal
	 	 	 	 	 	$	2,593	 	$	2,593	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	$	2,161	 	$	4,753.79
	 Banco Mercantil
	 	 	 	 	 	$	8,645	 	$	8,645	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	$	2,582	 	$	11,226.54
	 	 	$	94,555	 	 	$	107,252	 	$	1,515,962	 	$	1,420,040	 	 	$	21,287	 	 	$	162,118	 	$	27,300	 	$	603,130	 	$	3,749,837.25

  

 Exhibits 
  
 Execution Copy 
  
 SCHEDULE 3(I) 
 CUSTOMER CONTRACTS

  
 Those written customer agreements made available to the Buyer with the following
entities: 
  
 Adobe — Agreement dated September 30, 1999. 
  
 Akamai – Express Certificate Service Agreement dated October 10, 2002. 
  
 AMEX – Amended and Restated Master Agreement for Electronic Commerce dated September 23, 1999 as
modified by Amendment No. 2 dated June 10, 2002 and Amendment No. 3 dated December 17, 2002. 
  
 Atrion Networking – Express Certificate Service Agreement dated December 16, 2001 as modified by Amendment dated April 1, 2002. 
  
 Banc One – Agreement dated March 24, 2000. 
  
 Banco Mercantile – Master Agreement dated September 25, 2002 
  
 Banesco – Master Agreement dates October 1, 2002 
  
 CIGNA – Master Agreement for Baltimore Services dated December 19, 2000 and the related License and Maintenance and Support Agreements. 
  
 Crosshair Technologies – Agreement dated November 17, 2000. 
  
 Dictaphone – Agreement dated March 18, 2003. 
  
 Dreyfus – Enterprise Access License Agreement dated December 18, 1998 
  
 GTE Data Services – Agreement dated September 22, 1998 as modified by Amendment dated May 14,
2001. 
  
 GTE Internetworking – Agreement dated March 1, 1998. 
  
 GTE TSI – Agreement dated March 8, 2000. 
  
 GTE Wireless – Agreement dated October 23, 1998. 
  
 Ingenix – Agreements dated September 25, 2001 and November 1, 2001. 
  
 ITT Sheraton (Starwood) – Agreement dated October 10, 2001. 
  
 Mastercard International – Agreement dated February 10, 1997, as amended and supplemented, and all
related agreements 
  

 Exhibits 
  
 Execution Copy 
  
 Merrill Lynch – Agreement dated September 3, 1999. 
  
 Nokia
– Root Key and Hosting Services Agreement dated November 1, 2000 
  
 Orange SA –
Express Service Agreement dated November 21, 2002 
  
 Ruesch International – Agreement
dated February 5, 1999. 
  
 State Street – Agreement dated July 31, 2001. 

 
 Swisscom – March 24, 1998 
  
 Texas DOT – Agreement dated March 15, 2000. 
  
 Trigon BC/BS (Anthem) – Agreement dated June 28, 1999 and Master Professional Services Agreement dated June 13, 2003. 
  
 Verizon (Bell Atlantic) – Agreement dated August, 1999. 
  

 Exhibits 
  
 Execution Copy 
  
 SCHEDULE 3(J) 
 INCLUDED LICENSES
AND MAINTENANCE AGREEMENTS 
  
 Those
license agreements with the entities listed under the heading “Vendor” related to the products listed under the heading “Product” and the ongoing maintenance and support agreements related thereto: 
  

			
	Vendor	  	Product
	

	 Cisco
	  	IOS
	 Chrysalis
	  	Luna CA 3
	 Ncipher
	  	Nsafe
	 Checkpoint
	  	Firewall-1
	 NFR
	  	IDS
	 EMC
	  	Legato
	 HP
	  	OpenView
	 RSA
	  	SecurID
	 NSI
	  	DoubleTake
	 Tripwire
	  	Tripwire
	 Spyrus
	  	Lynx
	 Baltimore
	  	Unicert
	 Baltimore
	  	Select Access
	 Baltimore
	  	CMS
	 Baltmore
	  	SureWare Keyper
	 Baltimore
	  	MBB
	 Oracle
	  	Oracle
	 MicroSoft
	  	NT4.0 Server
	 MicroSoft
	  	Win2K Server
	 StoneSoft
	  	Stone Beat
	 Sun
	  	Solaris
	 Sun
	  	Iplanet
	 	  	perforce
	 	  	clear case
	 	  	clear quest

  
  

 Exhibits 
  
 Execution Copy 
  
 SCHEDULE 3(K) 
 LITIGATION 
  
 None 
  

 Exhibits 
  
 Execution Copy 
  
 Schedule 5(f) 
 BUSINESS EMPLOYEES 
  

	1.	 	Breed, Jeff 

	2.	 	Ells, Tim 

	3.	 	Hoffman, Morton 

	4.	 	Cairns, Geoffrey 

	5.	 	Garst, Jennifer A. 

	6.	 	Desousa, Jose 

	7.	 	Dowling, Tina 

	8.	 	Moscone, Nicholas H. 

	9.	 	Rajan, Ashok 

	10.	 	Raygorodsky, Vladimir 

	11.	 	Richters, Eriks 

	12.	 	Rioux, Marc 

	13.	 	Roux, Germaine 

	14.	 	Burnham, John 

	15.	 	Desrochers, David 

	16.	 	Vieira, Kathleen

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00065-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00065-of-00352.parquet"}]]