Document:

<PAGE>   1
                                                                   EXHIBIT 10.46

                                     FORM OF

                            CERTIFICATE OF AMENDMENT

                                       OF

                          CERTIFICATE OF INCORPORATION

                                       OF

                            DALEEN TECHNOLOGIES, INC.

                                      ****

         Daleen Technologies, Inc., a corporation duly organized and existing
under the General Corporation Law of the State of Delaware (the "Corporation"),
does hereby certify as follows:

         FIRST: In accordance with the requirements of Section 242 of the
General Corporation Law of the State of Delaware, the Board of Directors of the
Corporation, at a meeting duly called and held pursuant to Section 141(f) of the
General Corporation Law of the State of Delaware, duly adopted resolutions: (i)
proposing and declaring advisable the amendments to the Certificate of
Incorporation set forth herein; and (ii) recommending that such amendments be
submitted to the stockholders of the Corporation for consideration, action and
approval.

         SECOND: Article FOURTH of the Certificate of Incorporation of the
Corporation is hereby amended by deleting the first paragraph of such Article
FOURTH in its entirety and substituting in lieu thereof the following:

         "The total number of shares of all classes of stock that the
         Corporation shall have the authority to issue is Two Hundred Twenty-One
         Million Eight Hundred Seventy-Seven Thousand Two Hundred Thirty-Six
         (221,877,236) shares, of which Two Hundred Million (200,000,000) shall
         be Common Stock, having a par value of $0.01 per share (the "Common
         Stock"), and Twenty-One Million Eight Hundred Seventy-Seven Thousand
         Two Hundred Thirty-Six (21,877,236) shares shall be classified as
         Preferred Stock, par value $0.01 per share (the "Preferred Stock"). The
         Preferred Stock shall consist of 3,000,000 shares which shall be
         designated as the "Series A Convertible Preferred Stock" (the "Series A
         Preferred Stock"), 1,250,000 shares which shall be designated as the
         "Series B Convertible Preferred Stock" (the "Series B Preferred
         Stock"), 1,222,222 shares which shall be designated as the "Series C
         Convertible Preferred Stock" (the "Series C Preferred Stock"),
         4,221,846 shares which shall be designated as the "Series D Convertible
         Preferred Stock" (the "Series D Preferred Stock"), 686,553 shares which
         shall be designated as the "Series D-1 Convertible Preferred Stock"
         (the "Series D-1 Preferred Stock"), 1,496,615 shares which shall be
         designated as the "Series E Convertible Preferred Stock" (the "Series E
         Preferred Stock"), and 356,950 shares which shall be designated as the
         "Series F Convertible Preferred Stock" (the "Series F Preferred
         Stock"), with the remaining Preferred Stock having no designations

<PAGE>   2

         or preferences set forth herein. The Board of Directors is expressly
         authorized to provide for the classification and reclassification of
         any unissued shares of Common Stock or Preferred Stock and the issuance
         thereof in one or more classes or series without the approval of the
         stockholders of the Corporation. The designations, relative rights,
         preferences and limitations of each class of shares of the Corporation
         shall be as follows:"

         THIRD: The Certificate of Incorporation is hereby amended by deleting
Section VII "Preferred Stock Without Designations and Preferences" of PART B of
Article FOURTH in its entirety and substituting in lieu thereof the following:

                   "VII. SERIES F CONVERTIBLE PREFERRED STOCK

                  Section 1.        Ranking. All shares of Series F Preferred
         Stock shall have preferences, limitations and relative rights identical
         with each other; and all shares of Series F Preferred Stock shall have
         such preferences and relative rights expressly provided in this
         Certificate of Amendment.

                  Section 2.        Designation of the Number of Shares. There
         shall be a series of Preferred Stock that shall be designated as
         "Series F Convertible Preferred Stock". The Series F Preferred Stock
         shall consist of 356,950, shares shall be entitled to dividends when,
         as and if declared pursuant to Section 3 hereof, shall be entitled to a
         preference in liquidation as provided in Section 4 hereof, shall be
         convertible as provided in Section 6 hereof, and shall be entitled to
         vote as provided in Section 7 hereof.

                  Section 3.        Dividends. If and whenever the Corporation
         shall declare and pay a dividend or other distribution in respect of
         its common stock, par value $.01 per share (the "COMMON STOCK"), other
         than a dividend or other distribution that results in an adjustment to
         the Conversion Price (as defined below) pursuant to Section 6(e)
         hereof, the Corporation shall concurrently therewith declare and pay a
         dividend to the holders of Series F Preferred Stock in an amount per
         share equal to the amount per share of the dividend in respect of the
         Common Stock multiplied by the number of shares of Common Stock into
         which each share of Series F Preferred Stock is then convertible
         pursuant to Section 6 hereof.

                  Section 4.        Liquidation Preference. In the event of a
         dissolution, liquidation or winding up of the Corporation (whether
         voluntary or involuntary), but before any distribution to the holders
         of Common Stock or any other class or series of the Corporation's then
         outstanding capital stock ranking in any such event junior to the
         Series F Preferred Stock, the holders of the Series F Preferred Stock
         then outstanding shall be entitled to receive, and the Corporation
         shall pay, the following amounts out of assets of the Corporation
         legally available for distribution to the stockholders:

                           The holders of the Series F Preferred Stock shall
                  receive an amount per share equal to the "PREFERENTIAL AMOUNT"
                  (as hereinafter defined); provided however, that (i) if the
                  assets to be distributed to the holders of the Series F
                  Preferred Stock shall be insufficient to permit the payment to
                  such holders of the full Preferential Amount,

                                      -2-
<PAGE>   3

                  then all of the assets of the Corporation to be distributed to
                  the holders of the Series F Preferred Stock shall be
                  distributed ratably to the holders of the Series F Preferred
                  Stock; and (ii) if the assets to be distributed by the
                  Corporation in the event of any dissolution, liquidation or
                  winding-up of the Corporation (whether voluntary or
                  involuntary) to the holders of Common Stock, to the extent
                  such distribution then or theretofore made (after taking into
                  account all distributions that would be necessary to satisfy
                  the Preferential Amounts due to holders of the Series F
                  Preferred Stock) exceeds or would exceed an aggregate amount
                  per share of Common Stock equal to the Preferential Amount
                  divided by the number of shares of Common Stock into which
                  each share of Series F Preferred Stock is then convertible
                  pursuant to Section 6 hereof, the Corporation, in lieu of
                  distributing the Preferential Amount to the holders of Series
                  F Preferred Stock, shall concurrently with the making of such
                  distribution to the holders of Common Stock make a
                  distribution in an amount per share to the holders of Series F
                  Preferred Stock equal to the amount per share distributed to
                  the holders of Common Stock multiplied by the number of shares
                  of Common Stock into which each share of Series F Preferred
                  Stock is then convertible pursuant to Section 6 hereof, to the
                  end that the holders of Series F Preferred Stock shall share
                  equally with the holders of Common Stock, on an "as-converted"
                  basis, in such greater distribution. As used herein, the term
                  "PREFERENTIAL AMOUNT" means an amount initially equal to
                  $110.94 per share of Series F Preferred Stock, subject to
                  appropriate adjustment for any stock dividend, stock split,
                  recapitalization or consolidation of or on the Series F
                  Preferred Stock.

                  After the payment of all amounts required to be paid to the
         holders of Series F Preferred Stock upon the liquidation, dissolution
         or winding up of the Corporation as provided in this Section 4, the
         Corporation shall distribute to the holders of all shares of capital
         stock then outstanding ranking upon liquidation junior to the Series F
         Preferred Stock the remaining assets and funds of the Corporation
         legally available for distribution to its stockholders. Further, after
         the payment of the Preferential Amounts required to be paid to the
         holders of Series F Preferred Stock upon the liquidation, dissolution
         or winding up of the Corporation pursuant to this Section 4, the
         outstanding shares of Series F Preferred Stock shall be deemed to have
         been redeemed and shall be cancelled and shall no longer be deemed to
         be issued and outstanding and the holders of the Series F Preferred
         Stock shall not be entitled to any further right or claim.

                  A consolidation, merger or other business combination of the
         Corporation, or a sale or other disposition of substantially all of the
         assets of the Corporation shall not be deemed to be a liquidation,
         dissolution or winding up of the Corporation for purposes of this
         Section 4. Additionally, neither the sale by the Company of its
         subsidiary, PartnerCommunity, Inc. (together with its successors,
         "PartnerCommunity"), the distribution to the Corporation's stockholders
         of the Corporation's capital stock in PartnerCommunity, any transaction
         resulting in a reduction in the Corporation's ownership interest in
         PartnerCommunity, nor the sale by PartnerCommunity of shares of capital
         stock or assets to any other entity or person shall be deemed to be a
         liquidation, dissolution or winding up of the Corporation.

                                      -3-
<PAGE>   4

                  Section 5.        Redemption.

                  (a)      No holder of Series F Preferred Stock shall have the
         right solely by virtue of holding such stock to require redemption of
         such shares nor, except as set forth in Section 5(b) below, shall the
         Corporation have the right to call or require redemption of any shares
         of Series F Preferred Stock.

                  (b)      Unless otherwise agreed by the holders of at least a
         majority of the outstanding shares of Series F Preferred Stock, voting
         or consenting as a separate class, in the event of:

                           (i)      the acquisition of the Corporation by
                  another entity by means of merger or consolidation resulting
                  in the exchange of at least 50% of the outstanding shares of
                  capital stock of this Corporation for securities issued or
                  other consideration paid by the acquiring entity or any parent
                  or subsidiary thereof (except for a merger or consolidation
                  after the consummation of which the stockholders of the
                  Corporation immediately prior to such merger or consolidation
                  own in excess of 50% of the voting securities of the surviving
                  corporation or its parent corporation); or

                           (ii)     the sale or other disposition by the Company
                  of substantially all of its assets (other than an sale or
                  transfer of assets to one or more wholly-owned subsidiaries of
                  the Corporation),

         the Corporation shall redeem all of the then issued and outstanding
         shares of Series F Preferred Stock for a redemption price equal to the
         Preferential Amount. Notwithstanding the foregoing, neither the sale by
         the Company of PartnerCommunity, the distribution to the Corporation's
         stockholders of the Corporation's capital stock in PartnerCommunity,
         any transaction resulting in a reduction in the Corporation's ownership
         interest in PartnerCommunity, nor the sale by PartnerCommunity of
         shares of its capital stock or its assets to any other entity or person
         shall be deemed to be a merger or consolidation or sale or other
         disposition of substantially all of the assets of the Corporation as
         contemplated by this Section 5(b).

                  Section 6.        Conversion.

                  (a)      Each share of Series F Preferred Stock shall
         be convertible into Common Stock, at the then applicable Conversion
         Price (as hereinafter defined), at any time and from time to time, at
         the option of the holder thereof in accordance with this Section 6(a)
         without the need for the payment of any additional cash consideration.
         Before any holder of Series F Preferred Stock shall be entitled to
         convert such stock into shares of Common Stock, the holder thereof
         shall surrender the certificate or certificates therefor (or in the
         case of any lost, stolen or destroyed certificate or certificates the
         delivery of an affidavit to that effect accompanied by any indemnity
         bond, in each case, reasonably required by the Corporation), duly
         endorsed, to the Corporation and shall give written notice, duly
         executed, to the Corporation of such election to convert the same and
         shall state the number of shares of Series F Preferred Stock being
         converted. Such conversion shall be deemed to have been made
         immediately prior to the close of business on the date of the surrender
         of the certificate

                                      -4-
<PAGE>   5

         or certificates representing the shares of Series F Preferred Stock to
         be converted, and the holder of such shares shall be treated for all
         purposes as the record holder of such shares of Common Stock on such
         date.

                  (b)      Beginning on and continuing after March 30, 2002,
         each share of Series F Preferred Stock shall automatically be converted
         without the payment of any additional cash consideration into shares of
         Common Stock at the then effective Conversion Price on the first date
         after the Common Stock has traded at a Market Price (as hereinafter
         defined) equal to or above $3.3282 per share (appropriately adjusted
         for any stock split, dividend, combination, recapitalization or the
         like of or on the Common Stock) for ten (10) trading days within any
         twenty (20) trading day period and the record holder of such share of
         Series F Preferred Stock shall be treated for all purposes as the
         record holder of the Common Stock as of the close of business on such
         tenth trading day. From and after the date of such conversion pursuant
         to this Section 6(b), each certificate representing shares of Series F
         Preferred shall be deemed to represent that number of shares of Common
         Stock into which the Series F Preferred represented by such certificate
         were converted. For the purpose of this Section 6(b), the "MARKET
         PRICE" per share of Common Stock on any date shall be deemed to be the
         closing price of the Common Stock on the principal national securities
         exchange on which the Common Stock is then listed or admitted to
         trading or the Nasdaq National Market, if the Common Stock is then
         listed or admitted to trading on any national securities exchange or in
         such market system. The closing price shall be the last reported sale
         price, or, in case no such sale takes place on such day, the average of
         the closing bid and asked price, as reported by said exchange or market
         system. If the Common Stock of the Corporation is not then listed or
         admitted to trading on any national securities exchange or The Nasdaq
         National Market, the Series F Preferred Stock shall not be
         automatically converted pursuant to this Section 6(b) and, so long as
         the Company's Common Stock is not listed or admitted to trading on any
         national securities exchange or The Nasdaq National Market, this
         Section 6(b) shall not apply. For purposes of this Section 6(b),
         "trading day" shall mean any day during which the national securities
         exchange or The Nasdaq National Market on which the Corporation's
         Common Stock is then listed or admitted to trading is open for trading.

                  (c)      The price at which shares of Common Stock shall be
         deliverable upon conversion of the Series F Preferred Stock is referred
         to herein as the "CONVERSION PRICE," and shall be determined in
         accordance with this Section 6. Each share of Series F Preferred Stock
         shall be convertible into such number of fully paid and non-assessable
         shares of Common Stock as is determined by dividing the "Original
         Price" of each share of Series F Preferred Stock by the Conversion
         Price applicable to such series in effect at the time of conversion
         without the payment of additional cash consideration. The "ORIGINAL
         PRICE" of each share of Series F Preferred Stock shall be $110.94. The
         initial Conversion Price for each share of Series F Preferred Stock
         shall be $1.1094, subject to adjustment as set forth at Section 6(e)
         below.

                  (d)      No fractional shares of Common Stock shall be issued
         upon conversion of the Series F Preferred Stock, and in lieu of any
         fractional shares to which the holder would

                                      -5-
<PAGE>   6

         otherwise be entitled, the Corporation shall pay cash equal to such
         fraction multiplied by the applicable Market Price per share of Common
         Stock (as determined pursuant to Section 6(e)(i)) as of the date of
         such conversion.

                  (e)      The Conversion Price shall be subject to adjustment
         at any time or from time to time as provided herein:

                           (i)      In the event the average Market Price (as
                  defined below) per share of the Common Stock for the ten (10)
                  consecutive trading days beginning with the next trading day
                  immediately following the date on which the Corporation issues
                  an Earnings Release (as defined below) for the quarter ended
                  June 30, 2001 (the "AVERAGE MARKET PRICE") is less than the
                  Conversion Price, the Conversion Price shall be adjusted
                  automatically to the higher of (A) the Average Market Price or
                  (B) 75% of the Conversion Price. If the Company issues more
                  than one Earnings Release with respect to the quarter ended
                  June 30, 2001, the Average Market Price will be calculated for
                  the ten (10) consecutive trading days following each such
                  Earnings Release, and the lowest of such Average Market Prices
                  will be used for the purpose of determining the adjusted
                  Conversion Price. The effective date for the adjustment to the
                  Conversion Price pursuant to this Section 6(e)(i), if any,
                  shall be the later of (A) the eleventh trading day after the
                  Corporation issues its Earnings Release announcing its actual
                  total revenue for the quarter ended June 30, 2001 or (B)
                  immediately after the effective date of this Certificate of
                  Amendment. Notwithstanding the foregoing, the Conversion Price
                  shall be adjusted only once, if at all, pursuant to this
                  Section 6(e)(i). For the purpose of this Section 6(e)(i), the
                  term "EARNINGS RELEASE" shall mean (y) a press release issued
                  by the Corporation after March 30, 2001, providing any
                  material financial metrics regarding revenue or estimated
                  revenue or earnings or estimated earnings for the quarter
                  ended June 30, 2001 (including in each case announcements
                  regarding consolidations or expense reduction plans
                  implemented or to be implemented by the Corporation), or (z) a
                  press release issued by the Corporation announcing its actual
                  total revenue for the quarter ended June 30, 2001. If the
                  Corporation does not issue an Earnings Release on or before
                  the date of filing by the Corporation with the Securities and
                  Exchange Commission of the Corporation's Quarterly Report on
                  Form 10-Q for the quarter ended June 30, 2001, the filing of
                  such Quarterly Report on Form 10-Q shall be deemed to be the
                  Earnings Release. For the purpose of this Section 6(e)(i),
                  "MARKET PRICE" per share of Common Stock on any date shall be
                  deemed to be the closing price of the Common Stock on the
                  principal national securities exchange on which the Common
                  Stock is then listed or admitted to trading or The Nasdaq
                  Stock Market (including The Nasdaq National Market or The
                  Nasdaq SmallCap Market, as the case may be), if the Common
                  Stock is then listed or admitted to trading on any national
                  securities exchange or in such market system. The closing
                  price shall be the last reported sale price, or, in case no
                  such sale takes place on such day, the average of the closing
                  bid and asked price, as reported by said exchange or market
                  system. If the Common Stock is not then so listed on a
                  national securities exchange or in such market system, the
                  Market Price shall be deemed to be the mean between the

                                      -6-
<PAGE>   7

                  representative closing bid and asked prices of the Common
                  Stock in the over-the-counter market as reported by the
                  National Association of Securities Dealers Automated Quotation
                  System ("NASDAQ"), including without limitation the OTC
                  Bulletin Board or, if the Common Stock is not then quoted by
                  NASDAQ, the Market Price shall be determined by agreement
                  between the Corporation and holders of Series F Preferred
                  Stock outstanding at the time of such determination
                  representing more than 50% of the number of shares of Common
                  Stock into which each share of Series F Preferred Stock is
                  then convertible in accordance with Section 6.

                           (ii)     In case the Corporation shall at any time or
                  from time to time after the date shares of Series F Preferred
                  Stock are first issued (A) pay a dividend or other
                  distribution with respect to its Common Stock in shares of the
                  Corporation's capital stock (whether shares of Common Stock or
                  of capital stock of any other class or series), (B) subdivide
                  its outstanding shares of Common Stock, or (C) combine its
                  outstanding shares of Common Stock into a smaller number of
                  shares, the conversion privilege and the Conversion Price in
                  effect immediately prior to such action shall be
                  proportionately adjusted (higher or lower, as the case may be)
                  so that the holder of any shares of Series F Preferred Stock
                  thereafter surrendered for conversion shall be entitled to
                  receive the number and kind of shares of capital stock of the
                  Corporation which it would have owned or have been entitled to
                  receive immediately following the happening of any of the
                  events described above, had such Series F Preferred Stock been
                  converted into Common Stock immediately prior thereto. An
                  adjustment made pursuant to this Section 6(e)(ii) shall (x)
                  become effective retroactively immediately after the record
                  date in the case of a dividend with respect to Common Stock
                  payable in shares of capital stock and (y) shall become
                  effective immediately after the effective date in the case of
                  a subdivision or combination. If, as a result of an adjustment
                  to the Conversion Price made pursuant to this Section
                  6(e)(ii), the holder of any shares of Series F Preferred Stock
                  thereafter surrendered for conversion shall become entitled to
                  receive shares of two or more classes of capital stock of the
                  Corporation, the Board of Directors and holders of a majority
                  of outstanding shares of Series F Preferred Stock shall
                  determine by agreement the allocation of the adjusted
                  Conversion Price between or among shares of such classes of
                  capital stock.

                           (iii)    In case the Corporation shall distribute to
                  all holders of its Common Stock evidences of its indebtedness
                  or assets (excluding any dividend payable solely in cash),
                  then in each such case the Conversion Price shall be adjusted
                  so that the same shall equal the price determined by
                  multiplying the Conversion Price in effect immediately prior
                  to the date of such distribution by a fraction, (A) the
                  numerator of which shall be the current Market Price per share
                  (determined as provided in Section 6(e)(i) above) of the
                  Common Stock on the record date for the distribution less the
                  then fair market value (as determined by agreement between the
                  Corporation and holders of Series F Preferred Stock
                  outstanding at the time of such determination representing
                  more than 50% of the number of shares of Common Stock into
                  which each share of Series F Preferred Stock is convertible)
                  of the portion of the assets or

                                      -7-
<PAGE>   8

                  evidences of indebtedness or subscription rights, warrants or
                  other securities so distributed applicable to one share of
                  Common Stock, and (B) the denominator of which shall be such
                  current Market Price per share of the Common Stock. Such
                  adjustment shall become effective retroactively immediately
                  after the record date for the determination of stockholders
                  entitled to receive such distribution.

                           (iv)     Except as provided in Section 6(e)(iv)(E),
                  if and whenever the Corporation shall issue or sell, or is, in
                  accordance with Sections 6(e)(iv)(A) through 6(e)(iv)(C),
                  deemed to have issued or sold, any shares of Common Stock for
                  a consideration per share less than the Conversion Price, in
                  effect immediately prior to the time of such issue or sale,
                  then, forthwith upon such issue or sale, the Conversion Price
                  shall be adjusted to an amount equal to such per share
                  consideration. No adjustment shall be made to the Conversion
                  Price in the event of the issuance by the Corporation of
                  shares of Common Stock at a per share price equal to or
                  greater than the Conversion Price then in effect.

                  For purposes of this Section 6(e)(iv), the following Sections
6(e)(iv)(A) to 6(e)(iv)(E) shall also be applicable:

                  (A)      In case at any time the Corporation shall in any
         manner grant any warrants or other rights to subscribe for or to
         purchase, or any options for the purchase of, Common Stock or any stock
         or security convertible into or exchangeable for Common Stock (such
         warrants, rights or options being called "Options" and such convertible
         or exchangeable stock or securities being called "Convertible
         Securities") whether or not such Options or the right to convert or
         exchange any such Convertible Securities are immediately exercisable,
         convertible or exchangeable, and the Price Per Share (as defined below)
         for which Common Stock is issuable upon the exercise of such Options or
         upon the conversion or exchange of such Convertible Securities issuable
         upon exercise of such Options shall be less than the Conversion Price
         in effect immediately prior to the time of the granting of such
         Options, then the total maximum number of shares of Common Stock
         issuable upon the exercise of such Options or upon conversion or
         exchange of the total maximum amount of such Convertible Securities
         issuable upon the exercise of such Options shall be deemed to have been
         issued for such Price Per Share as of the date of granting of such
         Options or the issuance of such Convertible Securities. Except as
         otherwise provided in Section 6(e)(iv)(C), no adjustment of the
         Conversion Price shall be made upon the actual issue of such Common
         Stock or of such Convertible Securities upon exercise of such Options
         or upon the actual issue of such Common Stock upon conversion or
         exchange of such Convertible Securities. For purposes of this Section
         6(e)(iv), the Price Per Share shall be determined by dividing (i) the
         total amount of consideration, if any, received or receivable by the
         Corporation as consideration for the granting of such Options, plus the
         minimum aggregate amount of additional consideration payable to the
         Corporation upon the exercise of all such Options, plus, in the case of
         such Options which relate to Convertible Securities, the minimum
         aggregate amount of additional consideration, if any, payable upon the
         issue or sale of such Convertible Securities and upon

                                      -8-
<PAGE>   9

         the conversion or exchange thereof, by (ii) the total maximum number of
         shares of Common Stock issuable upon the exercise of such Options or
         upon the conversion or exchange of all such Convertible Securities
         issuable upon the exercise of such Options.

                  (B)      In case the Corporation shall in any manner issue or
         sell any Convertible Securities, whether or not the rights to exchange
         or convert any such Convertible Securities are immediately exercisable,
         and the Price Per Share (as defined below) for which Common Stock is
         issuable upon such conversion or exchange of such Convertible Security
         shall be less than the Conversion Price in effect immediately prior to
         the time of such issue or sale, then the total maximum number of shares
         of Common Stock issuable upon conversion or exchange of all such
         Convertible Securities shall be deemed to have been issued for such
         Price Per Share as of the date of the issue or sale of such Convertible
         Securities, provided that (a) except as otherwise provided in Section
         6(e)(iv)(C), no adjustment of the Conversion Price shall be made upon
         the actual issue of such Common Stock upon conversion or exchange of
         such Convertible Securities and (b) if any such issue or sale of such
         Convertible Securities is made upon exercise of any Options to purchase
         any such Convertible Securities for which adjustments of the Conversion
         Price have been or are to be made pursuant to other provisions of this
         Section 6(e)(iv), no further adjustment of the Conversion Price shall
         be made by reason of such issue or sale. For purposes of this Section
         6(e)(iv)(B), the Price Per Share shall be determined by dividing (i)
         the total amount received or receivable by the Corporation as
         consideration for the issue or sale of such Convertible Securities,
         plus the minimum aggregate amount of additional consideration, if any,
         payable to the Corporation upon the conversion or exchange thereof, by
         (ii) the total maximum number of shares of Common Stock issuable upon
         the conversion or exchange of all such Convertible Securities.

                  (C)      Upon the happening of any of the following events,
         namely, if the Price Per Share provided for in any Option referred to
         in Section 6(e)(iv)(A), the additional consideration, if any, payable
         upon the conversion or exchange of any Option or Convertible Securities
         referred to in Section 6(e)(iv)(A) or 6(e)(iv)(B), or the rate at which
         Convertible Securities referred to in Section 6(e)(iv)(A) or
         6(e)(iv)(B) are convertible into or exchangeable for Common Stock shall
         change at any time (including, but not limited to, changes under or by
         reason of provisions designed to protect against dilution), the
         Conversion Price in effect at the time of such event shall forthwith be
         increased or decreased to the Conversion Price which would have been in
         effect at the time of such event had such Options or Convertible
         Securities still outstanding provided for such changed purchase price,
         additional consideration or conversion rate, as the case may be, at the
         time initially granted, issued or sold; and on the expiration of any
         such Option or the termination of any such right to convert or exchange
         such Convertible Securities, the Conversion Price then in effect
         hereunder shall forthwith be increased to the Conversion Price which
         would have been in effect at the time of such expiration or termination
         had such Option or Convertible Securities, to the extent outstanding
         immediately prior to such expiration or termination, never been issued,
         provided, that no readjustment pursuant to this clause (C) shall have
         the effect of increasing the Conversion Price to an amount which
         exceeds the lower of (i) the Conversion Price immediately prior

                                      -9-
<PAGE>   10

         to the original issuance of such Options or Convertible Securities (as
         adjusted for any stock splits, stock dividends, combinations, reverse
         stock splits or the like on or with respect to the Common Stock) or
         (ii) the Conversion Price that would have resulted from any adjustment
         pursuant to Section 6(e)(i) hereof between the date of the original
         issuance of such Options or Convertible Securities and the readjustment
         date therefor.

                  (D)      In case any shares of Common Stock, Options or
         Convertible Securities shall be issued or sold for cash, the
         consideration received therefor shall be deemed to be the amount
         received by the Corporation therefor, without deduction therefrom of
         any expenses incurred or any underwriting commissions or concessions
         paid or allowed by the Corporation in connection therewith. In case any
         shares of Common Stock, Options or Convertible Securities shall be
         issued or sold for a consideration other than cash, the amount of the
         consideration other than cash received by the Corporation shall be
         deemed to be the fair value of such consideration as determined in good
         faith by the Board of Directors of the Corporation, without deduction
         of any expenses incurred or any underwriting commissions or concessions
         paid or allowed by the Corporation in connection therewith. In case any
         Options shall be issued in connection with the issue and sale of other
         securities of the Corporation, together comprising one integral
         transaction in which no specific consideration is allocated to such
         Options by the parties thereto, such Options shall be deemed to have
         been issued for such consideration as determined in good faith by the
         Board of Directors of the Corporation.

                  (E)      There shall be no adjustment of the Conversion Price
         pursuant to Section 6(e)(iv) in the case of Common Stock, Options or
         Convertible Securities to be issued (1) to an employee, consultant,
         officer or director of the Corporation or Subsidiary pursuant to any
         stock-based incentive plan or agreement that has been duly approved by
         the Corporation's Board of Directors (including, without limitation,
         the Daleen Technologies, Inc. Amended and Restated 1999 Stock Incentive
         Plan), (2) upon the issuance of no more than $5,000,000 of Common
         Stock, Options or Convertible Securities to investors who the Board of
         Directors of the Corporation determines are strategic to the future
         success of the Corporation, (3) upon the issuance of Common Stock,
         Options or Convertible Securities in transactions where the Corporation
         is acquiring all or substantially all of a third-parties' assets or
         voting securities in a transaction that would constitute a change of
         control for such third party, (4) upon conversion of the Series F
         Preferred Stock or upon exercise of the Warrants (as defined in the
         Securities Purchaser Agreement dated as of March 30, 2001, by and among
         the Corporation and the purchasers of Series F Preferred Stock named
         therein (the "SECURITIES PURCHASE AGREEMENT")), or (5) upon the
         exercise or conversion of Options, Convertible Securities, warrants or
         other securities or instruments convertible into Common Stock granted
         prior to March 30, 2001.

                           (v)      No adjustment in the Conversion Price shall
                  be required unless such adjustment would require a decrease of
                  at least one-tenth of a cent ($.001) per share in such price
                  (and no adjustment shall increase the Conversion Price except
                  in the case of reverse stock splits or other transactions
                  involving a combination of shares of Common Stock); provided,
                  that any adjustments which by reason of this Section

                                      -10-
<PAGE>   11

                  6(e)(v) are not required to be made shall be carried forward
                  and then taken into account in any subsequent adjustment;
                  provided, further, that adjustment in the Conversion Price
                  shall be required and made in accordance with the provisions
                  of this Certificate of Amendment, other than this Section
                  6(e)(v), not later than such time as may be required in order
                  to preserve the tax-free nature of a distribution (within the
                  meaning of Section 305 of the United States Internal Revenue
                  Code of 1986, as amended) to the holders of Series F Preferred
                  Stock and/or Common Stock.

                           (vi)     Anything in this Section 6 to the contrary
                  notwithstanding, the Corporation shall be entitled (but shall
                  not be required) to make such reductions in the Conversion
                  Price, in addition to those required by this Section 6, as the
                  Corporation, in its discretion, shall determine in good faith
                  to be advisable in order that any stock dividend, subdivision
                  of shares, distribution of rights to purchase stock or
                  securities or distribution of securities convertible into or
                  exchangeable for stock hereafter made by the Corporation to
                  its stockholders shall not be taxable.

                  (f)      In case of any capital reorganization or of any
         reclassification of the Common Stock of the Corporation other than as
         provided in Section 6(e), or in case of the consolidation of the
         Corporation with, or the merger of the Corporation into, any other
         entity, the Series F Preferred Stock, if any shares thereof remain
         outstanding, shall after such capital reorganization, reclassification
         of Common Stock, consolidation, or merger be convertible into the
         number of shares of stock or other securities or property of the
         Corporation, or of the corporation resulting from such consolidation or
         surviving such merger or to which such sale shall be made, as the case
         may be, to which the holder of Common Stock issuable (at the time of
         such capital reorganization, reclassification of Common Stock,
         consolidation, or merger) upon exercise of the conversion privilege of
         the Series F Preferred Stock would have been entitled upon such capital
         reorganization, reclassification of Common Stock, consolidation, or
         merger had the conversion privilege of the Series F Preferred Stock
         been exercised immediately prior thereto; and in any case, if
         necessary, the provisions set forth in this Section 6 regarding the
         rights and interest thereafter of the holders of Series F Preferred
         Stock shall be appropriately adjusted so as to be applicable, as nearly
         as may reasonably be, to any shares of stock or other securities or
         property thereafter deliverable on the exercise of the conversion
         privilege of the Series F Preferred Stock as provided in this Section
         6(f). Notwithstanding the foregoing, the provisions of this Section
         6(f) shall not apply with respect to a transaction of the type
         described in this Section 6 in the event the shares of Series F
         Preferred have been or subsequently are redeemed pursuant to Section
         5(b) as a result of such transaction.

                  (g)      If any date shall be fixed by the Corporation as the
         date as of which holders of Common Stock (i) shall be entitled to
         receive any dividend or any distribution upon the Common Stock of the
         Corporation, (ii) shall be offered any subscription or other rights, or
         (iii) shall be entitled to participate in any capital reorganization,
         reclassification of Common Stock, consolidation, or merger, described
         in Section 6(f) above, or in any liquidation, dissolution or winding up
         of the Corporation, the Corporation shall cause notice thereof

                                      -11-
<PAGE>   12

         (specifying such date) to be mailed to the holders of the Series F
         Preferred Stock, at the address or such holder as appears on the
         Corporations stock transfer ledger of receiving notice, at least thirty
         (30) days prior to the date of consummation of the transaction
         described in the notice.

                  (h)      The issuance of stock certificates representing
         shares of Common Stock upon conversion of the Series F Preferred Stock
         shall be made without charge to the exercising holder of Series F
         Preferred Stock for any tax for the issuance thereof. The Corporation
         shall not, however, be required to pay any tax that may be payable on
         any transfer involved in the issue and delivery of stock in any name
         other than that of the registered holders of Series F Preferred Stock,
         and the Corporation shall not be required to issue or deliver any such
         stock certificate unless and until the person or persons requesting the
         issue thereof shall have paid to the Corporation the amount of such tax
         or shall have established to the satisfaction of the Corporation that
         such tax has been paid.

                  (i)      The Corporation shall at all times reserve and keep
         available out of its authorized but unissued stock for the purpose of
         effecting the conversion of the Series F Preferred Stock, such number
         of its duly authorized shares of Common Stock as shall from time to
         time be sufficient to effect the conversion of the Series F Preferred
         Stock; and if at any time the number of authorized but unissued shares
         of Common Stock shall not be sufficient to effect the conversion of the
         Series F Preferred Stock at the Conversion Price then in effect, the
         Corporation will take such corporate action as may, in the opinion of
         its counsel, be necessary to increase its authorized but unissued
         shares of Common Stock to such number of shares as shall be sufficient
         for this purpose.

                  (j)      The Corporation covenants that all shares of Common
         Stock that may be issued upon conversion of the Series F Preferred
         Stock will upon issue be fully paid and nonassessable and free of all
         taxes, liens and charges for the issue thereof.

                  (k)      In each case of an adjustment or readjustment of the
         Conversion Price for the number of shares of Common Stock or other
         securities issuable upon conversion of the Series F Preferred Stock,
         the Corporation shall compute such adjustment or readjustment in
         accordance herewith and prepare a certificate showing such adjustment
         or readjustment and shall mail such certificate, by first class mail,
         postage prepaid, to each registered holder of Series F Preferred Stock
         at the address last provided by such holder as it appears on the
         Corporation's stock transfer ledger. The certificate shall set forth
         such adjustment or readjustment showing in detail the facts upon which
         such adjustment or readjustment is based including a statement of:

                           (i)      The adjusted or readjusted Conversion Price
                  for the Series F Preferred Stock; and

                           (ii)     The number of additional shares of Common
                  Stock and the type and amount, if any, of other property which
                  would be received upon conversion of the adjusted or
                  readjusted Conversion Price for the Series F Preferred Stock.

                                      -12-
<PAGE>   13

                  (l)      Except with the consent of the holders of a majority
         of the then outstanding shares of Series F Preferred Stock, the
         Corporation will not, by amendment of its Certificate of Incorporation
         or through any reorganization, transfer of all or substantially all of
         its assets, consolidation, merger, dissolution, issue or sale of
         securities or any other voluntary action, avoid or seek to avoid the
         observance or performance of any of the terms to be observed or
         performed hereunder by the Corporation, but the Corporation will at all
         times and in good faith assist in the carrying out of all of the
         provisions of this Section 6.

                  Section 7.        Voting. Except as otherwise expressly
         provided herein or as required by law, the holder of each share of
         Series F Preferred Stock shall be entitled to vote on all matters as
         shall be submitted to a vote of the holders of the Common Stock and
         shall be entitled to such number of votes as is equal to the largest
         number of full shares of Common Stock determined by dividing the
         Original Price by $1.1094 (subject to adjustment upon any stock split,
         stock dividend, reverse stock split, reclassification, or consolidation
         of or on the Common Stock). Except as required by law or otherwise
         expressly provided herein, shares of Series F Preferred Stock and
         shares of Common Stock and shares of all other classes or series of
         stock entitled to vote with the Common Stock shall be voted together as
         a single class and not as separate classes.

                  Section 8.        Restrictions and Limitations. (a) Except as
         otherwise required by law, so long as at least 50% of the shares of the
         Series F Preferred Stock that were ever outstanding at any one time
         remain outstanding (as adjusted for any combinations, consolidations,
         recapitalizations, stock splits, stock dividends and the like), the
         vote or written consent by the holders of at least a majority of the
         outstanding shares of such Series F Preferred Stock, voting or
         consenting as a separate class, shall be required for the Corporation
         to:

                           (i)      notwithstanding the provisions of Section
                  VIII of Part B of Article FOURTH of this Certificate of
                  Incorporation, authorize or issue any other class or series of
                  Preferred Stock ranking senior to or pari passu with the
                  Series F Preferred Stock as to the priority of payment of
                  amounts distributable upon dissolution, liquidation or winding
                  up of the Corporation, or increase the number of authorized
                  shares of Series F Preferred Stock. Nothing herein shall
                  prevent the Corporation from (A) authorizing or issuing a new
                  or existing series of Preferred Stock that ranks junior to the
                  Series F Preferred Stock as to the priority of payment of
                  amounts distributable upon dissolution, liquidation or winding
                  up of the Corporation or (B) from issuing shares of Series F
                  Preferred Stock and warrants to purchase Series F Preferred
                  Stock pursuant to the Securities Purchase Agreement; or

                           (ii)     pay or declare any dividend or distribution
                  on any shares of Common Stock or of any security ranking
                  junior to the Series F Preferred Stock as to payment of
                  dividends other than a distribution or other payment made upon
                  dissolution, liquidation or winding up of the Corporation in
                  accordance with the provisions of Section 4 hereof and other
                  than dividends payable solely in shares of Common Stock or in
                  shares of the capital stock of PartnerCommunity (or its
                  successors); or

                                      -13-
<PAGE>   14

                           (iii)    reclassify any Common Stock or other class
                  or series of capital stock of the Corporation into shares
                  having any preference or priority, or ranking senior to or
                  pari passu with the Series F Preferred Stock, as to the
                  payment of amounts distributable upon dissolution, liquidation
                  or winding up of the Corporation; or

                           (iv)     amend or repeal (by merger, consolidation or
                  otherwise) any provision of, or add any provision to, the
                  Corporation's Certificate of Incorporation, including this
                  Certificate of Amendment, other than changes which do not
                  amend, alter or repeal the preferences, special rights or
                  other powers of the Series F Preferred Stock so as to
                  adversely affect the Series F Preferred Stock.

                  (b)      The Corporation will not, through any reorganization,
         transfer of assets, consolidation, merger, dissolution, issue or sale
         of securities or any other voluntary action, avoid the observance or
         performance of any of the terms to be observed or performed hereunder
         by the Corporation."

         FOURTH: The Certificate of Incorporation is hereby amended by adding a
new Section VIII of Part B of Article FOURTH as follows:

         "VIII.   PREFERRED STOCK WITHOUT DESIGNATIONS AND PREFERENCES

                  Shares of preferred stock (other than preferred stock
         comprising the Preferred, as defined herein) may be issued from time to
         time in one or more series, without further stockholder approval. The
         Board of Directors of the Corporation hereby is authorized, by
         resolution or resolutions thereof, to fix or alter the rights, voting
         powers (if any), preferences, privileges and restrictions granted to or
         imposed upon each series of preferred stock, and the number of shares
         constituting any such series and the designation thereof, or of any of
         them. The rights, powers, privileges, preferences and restrictions of
         any such additional series may be subordinated to, pari passu with
         (including, without limitation, inclusion in provisions with respect to
         liquidation and acquisition preferences, redemption and/or approval of
         matters by vote), or senior to any of those of any present or future
         class or series of preferred stock or Common Stock. The Board of
         Directors also is authorized to increase or decrease the number of
         shares of any series prior or subsequent to the issue of that series,
         but not below the number of shares of such series then outstanding. In
         case the number of shares of any series shall be so decreased, the
         shares constituting such decrease shall resume the status which they
         had prior to the adoption of the resolution originally fixing the
         number of shares of such series."

         FIFTH: That, pursuant to Section 242 of the General Corporation Law of
the State of Delaware, the aforesaid amendments to the Certificate of
Incorporation was duly adopted by the stockholders of the Corporation at the
annual meeting of stockholders held on __________, 2001.

                                      -14-
<PAGE>   15

         SIXTH: That this Certificate of Amendment to the Certificate of
Incorporation shall become effective upon filing with the Delaware Secretary of
State pursuant to Section 103(d) of the General Corporation Law.

                                      -15-
<PAGE>   16

                  [SIGNATURE PAGE TO CERTIFICATE OF AMENDMENT]

         IN WITNESS WHEREOF, Daleen Technologies, Inc. has caused this
Certificate of Amendment to the Certificate of Incorporation to be executed by
James Daleen, its Chairman and Chief Executive Officer, and attested by Stephen
M. Wagman, its Secretary, on _________, 2001.

                                    DALEEN TECHNOLOGIES, INC.

                                    By:
                                       ----------------------------------------
                                       Name:
                                            -----------------------------------
                                       Title:
                                             ----------------------------------

                                      -16-<PAGE>   1
                                                                   EXHIBIT 10.47

                                                                 FORM OF WARRANT

THIS WARRANT AND ANY SECURITIES ACQUIRED UPON THE EXERCISE OF THIS WARRANT HAVE
NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE
"SECURITIES ACT"), OR THE SECURITIES LAWS OF ANY STATE. NEITHER THIS WARRANT,
SUCH SECURITIES NOR ANY INTEREST THEREIN MAY BE TRANSFERRED EXCEPT PURSUANT TO
AN EFFECTIVE REGISTRATION STATEMENT UNDER SUCH SECURITIES ACT AND APPLICABLE
STATE SECURITIES LAWS OR PURSUANT TO AN APPLICABLE EXEMPTION FROM THE
REGISTRATION REQUIREMENTS OF SUCH SECURITIES ACT AND SUCH LAWS.

                                                               ___________, 2001

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

                           DALEEN TECHNOLOGIES, INC.
              SERIES F CONVERTIBLE PREFERRED STOCK PURCHASE WARRANT

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

                  THIS SERIES F CONVERTIBLE PREFERRED STOCK PURCHASE WARRANT
(this "WARRANT") certifies that, for good and valuable consideration, DALEEN
TECHNOLOGIES, INC., a Delaware corporation (the "COMPANY"), grants to
___________________________ (the "WARRANTHOLDER"), the right to subscribe for
and purchase from the Company, during the Exercise Period (as hereinafter
defined), ___________________ __________ (______) duly authorized, validly
issued, fully paid and nonassessable shares (the "WARRANT SHARES"), par value
$.01 per share, of Series F Convertible Preferred Stock of the Company (the
"SERIES F PREFERRED STOCK"), at the exercise price per share of $166.41 (subject
to adjustment as set forth below, the "EXERCISE PRICE"), all subject to the
terms, conditions and adjustments herein set forth. Capitalized terms used
herein shall have the meanings ascribed to such terms in Paragraph 11 below.

         Notwithstanding anything contained herein to the contrary, if the
Series F Preferred Stock is automatically converted into Common Stock of the
Company, par value $.01 per share ("COMMON STOCK"), pursuant to Paragraph 6 of
the Certificate of Designation of the Series F Convertible Preferred Stock
establishing the Series F Preferred Stock, then this Warrant shall be
exercisable for such number of shares of Common Stock deliverable upon the
conversion of the Series F Preferred Stock issuable upon exercise of this
Warrant immediately prior to such automatic conversion, at an exercise price per
share of Common Stock equal to the Exercise Price immediately prior to such
conversion divided by the total number of shares of Common Stock then issuable
upon conversion of a single share of Series F Preferred Stock and thereafter all
references in this Warrant to "Warrant Shares" and "Series F Preferred Stock"
shall mean such shares of Common Stock.

                  1.       Warrant. This Warrant is issued pursuant to, and in
accordance with, the Securities Purchase Agreement by and among the Company, the
Warrantholder and certain other investors in the Company, dated as of March 30,
2001 (the "PURCHASE AGREEMENT"), and is subject to the terms thereof.

<PAGE>   2

                  2.       Exercise of Warrant; Payment of Taxes.

                           2.1      Exercise of Warrant. Subject to the terms
and conditions set forth herein, this Warrant may be exercised at any time, in
whole or in part, by the Warrantholder of any assignee or transferee of this
Warrant pursuant to, and in compliance with Paragraph 3 herein, during the
Exercise Period by:

                                    (a)      the surrender of this Warrant to
the Company, with a duly executed Exercise Form, and

                                    (b)      the delivery of payment to the
Company, for the account of the Company, by cash, wire transfer of immediately
available funds, certified or official bank check or any other means approved by
the Company, of the aggregate Exercise Price in lawful money of the United
States of America. The Company agrees that the Warrant Shares shall be deemed to
be issued to the Warrantholder as the record holder of such Warrant Shares as of
the close of business on the date on which this Warrant shall have been
surrendered and payment made for the Warrant Shares as aforesaid (the "EXERCISE
DATE").

                           2.2      Conversion Option.

                                    (a)      In lieu of the payment of the
aggregate Exercise Price, the Warrantholder at its sole discretion may have the
Company convert this Warrant, in whole or in part, into shares of Series F
Preferred Stock (the "CONVERSION OPTION") as provided for in this Paragraph 2.2.
Upon exercise of the Conversion Option, the Company shall deliver to the
Warrantholder (without payment by the Warrantholder of any of the Exercise Price
in accordance with Paragraph 2.1(b)) that number of Warrant Shares computed
using the following formula:

<TABLE>
                                   <S>       <C>
                                   X =       Y(A-B)
                                             ------
                                               A
</TABLE>
                  Where:

                  X =      the number of Warrant Shares to be issued to the
                           Warrantholder;
                  Y =      the number of Warrant Shares purchasable under this
                           Warrant or, if only a portion of the Warrant is being
                           converted, the portion of the Warrant being
                           converted;
                  A =      the current market value per share of the Series F
                           Preferred Stock (at the date of such conversion); and
                  B =      the Exercise Price (as adjusted to the date of such
                           calculation).

                  For purposes of the calculation above, the "CURRENT MARKET
         VALUE PER SHARE OF SERIES F PREFERRED STOCK" shall be the product of
         (A) the number of shares of Common Stock issuable upon conversion of
         one share of Series F Preferred Stock, times (B) the Market Price of
         the Common Stock on the Exercise Date of the Conversion Option or if
         the Exercise Date is not a Business Day, on the next succeeding
         Business Day. For the purpose of this Paragraph 2.2(a), the "Market
         Price" per share of Common Stock on any

                                       2
<PAGE>   3

         date (the "MARKET PRICE") shall be deemed to be the closing price of
         the Common Stock on the principal national securities exchange on which
         the Common Stock is then listed or admitted to trading or The Nasdaq
         Stock Market (including The Nasdaq National Market and The Nasdaq
         SmallCap Market, as the case may be), if the Common Stock is then
         listed or admitted to trading on any national securities exchange or in
         such market system. The closing price shall be the last reported sale
         price, or, in case no such sale takes place on such day, the average of
         the closing bid and asked price, as reported by said exchange or market
         system. If the Common Stock is not then so listed on a national
         securities exchange or in such market system, the Market Price shall be
         deemed to be the mean between the representative closing bid and asked
         prices of the Common Stock in the over-the-counter market as reported
         by the National Association of Securities Dealers Automated Quotation
         System ("NASDAQ") or, if the Common Stock is not then quoted by NASDAQ,
         the Market Price shall be determined in good faith by the Board of
         Directors of the Corporation.

                                    (b)     The Conversion Option may be
exercised by the Warrantholder at its sole discretion on any Business Day prior
to the end of the Exercise Period by surrender of this Warrant to the Company,
with a duly executed Exercise Form with the conversion section completed,
exercising the Conversion Option and specifying the total number of shares of
Series F Preferred Stock that the Warrantholder will be issued pursuant to such
conversion.

                           2.3      Warrant Shares Certificate.  A stock
certificate or certificates for the Warrant Shares specified in the Exercise
Form shall be delivered to the Warrantholder within five (5) Business Days after
receipt of the Exercise Form by the Company and, unless the Conversion Option is
exercised, the payment by the Warrantholder of the aggregate Exercise Price. If
this Warrant is exercised only in part, the Company shall, at the time of
delivery of the stock certificate or certificates, deliver to the Warrantholder
a new Warrant evidencing the right to purchase the remaining Warrant Shares,
which new Warrant shall in all other respects be identical to this Warrant.

                           2.4      Payment of Taxes. The Company will pay all
documentary stamp or other issuance taxes, if any, attributable to the original
issuance of Warrant Shares upon the exercise of this Warrant; except that the
Company shall not be required to pay any tax or taxes which may be payable in
respect of any transfer involved in the issue or delivery of any Warrants or
Warrant certificates or Warrant Shares in a name other than that of the then
existing Warrantholder as reflected upon the books of the Company.

                  3.       Transfer of Warrants; Compliance with Securities
Laws.

                           (a)      The Company shall maintain a register (the
"WARRANT REGISTER") containing the names and addresses of the Warrantholder or
Warrantholders. Any Warrantholder of this Warrant or any portion hereof may
change its address as shown on the Warrant Register by written notice to the
Company requesting such change. Any notice or written communication required or
permitted to be given to the Warrantholder may be delivered or given by mail to
such

                                       3
<PAGE>   4

Warrantholder as shown on the Warrant Register and at the address shown on the
Warrant Register. Until this Warrant is transferred on the Warrant Register, the
Company may treat the Warrantholder as shown on the Warrant Register as the
absolute owner of this Warrant for all purposes, notwithstanding any notice to
the contrary.

                           (b)      This Warrant may not be transferred or
assigned in whole or in part without compliance with all applicable federal and
state securities laws by the transferor and the transferee (including the
delivery of investment representation letters and legal opinions reasonably
satisfactory to the Company, if such are requested by the Company). Subject to
the provisions of this Warrant with respect to compliance with the Securities
Act, title to this Warrant may be transferred by endorsement (by the
Warrantholder executing the assignment form (the "ASSIGNMENT FORM") attached
hereto as Exhibit B) and delivery in the same manner as a negotiable instrument
transferable by endorsement and delivery.

                           (c)      On surrender of this Warrant for exchange,
properly endorsed on the Assignment Form and subject to the provisions of this
Warrant with respect to compliance with the Securities Act and with the
limitations on assignments and transfers contained in this Paragraph 3, the
Company shall issue to or on the order of the Warrantholder a new warrant or
warrants with the same terms and conditions, in the name of the Warrantholder
and/or as the Warrantholder (on payment by the Warrantholder of any applicable
transfer and stamp taxes) may direct, for the aggregate number of Warrant Shares
issuable upon exercise thereof.

                  4.       Reservation and Registration of Shares.  The Company
covenants and agrees as follows:

                                    (a)     All Warrant Shares that are issued
upon the exercise of this Warrant shall, upon issuance, be duly authorized,
validly issued, fully paid and non-assessable, not subject to any preemptive
rights, and be free from all taxes, liens, security interests, charges, and
other encumbrances with respect to the issuance thereof, other than taxes in
respect of any transfer occurring contemporaneously with such issue and other
than any liens, security interests, and other encumbrances not created by the
Company or its subsidiaries.

                                    (b)     The Company shall at all times have
authorized and reserved, and shall keep available and free from preemptive
rights, a sufficient number of shares of Series F Preferred Stock and Common
Stock to provide for the exercise of the rights represented by this Warrant and
the Warrant Shares.

         5.       Adjustment to Exercise Price and Warrant Share Number. The
Exercise Price and the number of Warrant Shares to be received upon exercise of
this Warrant shall be subject to adjustment as follows:

                           5.1      Dividend, Subdivision, Combination or
Reclassification of Common Stock. If the Company shall at any time or from time
to time, after the issuance of this Warrant but prior to the exercise hereof,
(w) make a dividend or distribution on the outstanding shares of Series F
Preferred Stock payable in Capital Stock, (x) subdivide the outstanding shares
of Series F Preferred Stock into a larger number of shares, (y) combine the
outstanding shares of

                                       4
<PAGE>   5

Series F Preferred Stock into a smaller number of shares or (z) issue any shares
of its Capital Stock in a reclassification of the Series F Preferred Stock
(other than any such event for which an adjustment is made pursuant to another
clause of this Paragraph 5), then, and in each such case,of (A) the aggregate
number of Warrant Shares for which this Warrant is exercisable (the "WARRANT
SHARE NUMBER") immediately prior to such event shall be adjusted so that the
Warrantholder shall be entitled to receive upon exercise of this Warrant the
number of shares of Series F Preferred Stock or other securities of the Company
that it would have owned or would have been entitled to receive upon or by
reason of any of the events described above, had this Warrant been exercised
immediately prior to the occurrence of such event and (B) the Exercise Price
payable upon the exercise of this Warrant shall be adjusted by multiplying such
Exercise Price immediately prior to such adjustment by a fraction, the numerator
of which shall be the Warrant Share Number immediately prior to such adjustment,
and the denominator of which shall be the Warrant Share Number immediately
thereafter. An adjustment made pursuant to this Paragraph 5.1 shall become
effective retroactively (x) in the case of any such dividend or distribution, to
a date immediately following the close of business on the record date for the
determination of holders of shares of Series F Preferred Stock entitled to
receive such dividend or distribution or (y) in the case of any such
subdivision, combination or reclassification, to the close of business on the
day upon which such corporate action becomes effective.

                           5.2      Other Changes.  If the Company at any time
or from time to time, after the issuance of this Warrant but prior to the
exercise hereof, shall take any action affecting its Series F Preferred Stock
similar to or having an effect similar to any of the actions described in any of
Paragraphs 5.1 or 5.6 herein (but not including any action described in any such
Paragraph) then, and in each such case, the Exercise Price and Warrant Share
Number shall be adjusted in such manner and at such time as the Board of
Directors in good faith determines would be equitable in the circumstances (such
determination to be evidenced in a resolution, a certified copy of which shall
be mailed to the Warrantholder).

                           5.3      No Adjustment; Par Value Minimum.
Notwithstanding anything herein to the contrary, no adjustment under this
Paragraph 5 need be made to the Exercise Price or Warrant Share Number if the
Company receives written notice from the Warrantholder that no such adjustment
is required. Notwithstanding any other provision of this Warrant, the Exercise
Price shall not be adjusted below the par value of a share of Series F Preferred
Stock.

                           5.4      Abandonment.  If the Company shall take a
record of the holders of shares of its Series F Preferred Stock for the purpose
of entitling them to receive a dividend or other distribution, and shall
thereafter and before the distribution to stockholders thereof abandon its plan
to pay or deliver such dividend or distribution, then no adjustment in the
Exercise Price or Warrant Share Number shall be required by reason of the taking
of such record.

                           5.5      Certificate as to Adjustments. Upon any
adjustment in the Exercise Price or Warrant Share Number, the Company shall
within a reasonable period (not to exceed ten (10) days) following any of the
foregoing transactions deliver to the Warrantholder a certificate, signed by (i)
the Chief Executive Officer of the Company and (ii) the Chief Financial Officer
of the Company, setting forth in reasonable detail the event requiring the
adjustment and

                                       5
<PAGE>   6

the method by which such adjustment was calculated and specifying the adjusted
Exercise Price and Warrant Share Number then in effect following such
adjustment.

                           5.6      Reorganization, Reclassification, Merger or
Sale Transaction. In case of any capital reorganization, reclassification, Sale
Transaction, mandatory share exchange (other than a Sale Transaction or a
mandatory share exchange in which the Company is the surviving corporation and
in which the Series F Preferred Stock is not exchanged or converted ) of the
Company (each, a "TRANSACTION") at any time after the issuance of this Warrant
but prior to the exercise hereof, the Company shall execute and deliver to the
Warrantholder at least ten (10) Business Days prior to effecting such
Transaction a certificate and, if following a Transaction, the Warrant shall be
exercisable for securities of any Person other than the Company, such Person
shall, no later than simultaneously with the closing of the Transaction, issue a
certificate, stating that the Warrantholder shall have the right thereafter to
exercise this Warrant for the kind and amount of shares of stock or other
securities, property or cash receivable upon such Transaction by a holder of the
number of shares of Series F Preferred Stock into which this Warrant could have
been exercised immediately prior to such Transaction, and provision shall be
made therefor in the agreement, if any, relating to such Transaction. Such
certificates shall provide for adjustments which shall be as nearly equivalent
as may be practicable to the adjustments provided for in this Paragraph 5. The
provisions of this Paragraph 5.6 and any equivalent thereof in any such
certificate similarly shall apply to successive transactions.

                           5.7      Notices.  In case at any time or from time
to time:

                                    (a)     the Company shall pay a dividend
(or other distribution) on its shares of Series F Preferred Stock, shares of any
other series of Preferred Stock or shares of Common Stock, or

                                    (b)     the Company shall authorize the
granting to the holders of shares of its Series F Preferred Stocks shares of any
existing series of Preferred Stock or shares of Common Stock, rights or warrants
to subscribe for or purchase any shares of Capital Stock or any other rights or
warrants,

then the Company shall mail to the Warrantholder, as promptly as possible but in
any event at least ten (10) Business Days prior to the applicable date
hereinafter specified, a notice stating the date on which a record is to be
taken for the purpose of such dividend, distribution or granting of rights or
warrants or, if a record is not to be taken, the date as of which the holders of
Series F Preferred Stock of record to be entitled to such dividend, distribution
or granting of rights or warrants are to be determined. Notwithstanding the
foregoing, in the case of any event to which Paragraph 5.6 is applicable, the
Company shall also deliver the certificate described in such Paragraph 5.6 to
the Warrantholder at least ten (10) Business Days prior to effecting such
reorganization or reclassification as aforesaid.

                  6.       No Dilution or Impairment. The Company will not, by
amendment of its Certificate of Incorporation or through any reorganization,
transfer of assets, consolidation, merger, dissolution, issue or sale of
securities or any other action, avoid or seek to avoid the observance or
performance of any of the terms of this Warrant, but will at all times in good
faith

                                       6
<PAGE>   7

assist in the carrying out of all such terms and in the taking of all such
action as may be necessary or appropriate in order to protect the rights of the
Warrantholder under this Warrant.

                  7.       Loss or Destruction of Warrant. Subject to the terms
and conditions hereof, upon receipt by the Company of evidence reasonably
satisfactory to it of the loss, theft, destruction or mutilation of this Warrant
and, in the case of loss, theft or destruction, such bond or indemnification as
the Company may reasonably require, and, in the case of such mutilation, upon
surrender and cancellation of this Warrant, the Company will execute and deliver
a new Warrant of like tenor; provided, however, in the event of the loss, theft
or destruction of this Warrant, or the mutilation of this Warrant if the
Warrantholder shall not have delivered such mutilated Warrant to the Company,
the Company may require that the Warrantholder provide a bond or written
indemnification in favor of the Company with respect to any claims, expenses or
losses the Company may incur in connection with such lost, stolen, destroyed or
mutilated Warrant.

                  8.       Ownership of Warrant. The Company may deem and treat
the person in whose name this Warrant is registered as the holder and owner
hereof (notwithstanding any notations of ownership or writing hereon made by
anyone other than the Company) for all purposes and shall not be affected by any
notice to the contrary, until presentation of this Warrant, together with proper
written notice, for transfer.

                  9.       Amendments. Any provision of this Warrant may be
amended and the observance thereof waived with the written consent of the
Company and the Warrantholder or by the written consent of the Company and the
Majority Warrantholders.

                  10.      Representations and Warranties by the Warrantholder.
By accepting this Warrant, the Warrantholder represents and warrants to the
Company as follows:

                                    (a)     This Warrant and the Warrant Shares
issuable upon exercise of the Warrantholder's rights contained herein will be
acquired for investment for the Warrantholder's own account and not with a view
to the sale or distribution of any part thereof, and the Warrantholder has no
present intention of selling or engaging in any public distribution of the same
except pursuant to a registration or exemption from the Securities Act.

                                    (b)     The Warrantholder understands and
acknowledges (i) that the Warrant Shares issuable upon exercise of the
Warrantholder's rights contained herein are not registered under the Securities
Act or qualified under applicable state securities laws because the issuance
contemplated by this Warrant will be exempt from the registration and
qualification requirements thereof, and (ii) that the Company's reliance on such
exemptions is predicated on the accuracy of the representations set forth in
this Paragraph 10.

                                    (c)     The Warrantholder has such knowledge
and experience in financial and business matters as to be capable of evaluating
the merits and risks of its investment and has the ability to bear the economic
risks of its investment. The Warrantholder is a "qualified institutional buyer"
as such term is defined in Rule 144A(a)(1) promulgated under the Securities Act.

                                       7
<PAGE>   8

                                    (d)     The Warrantholder understands that
if the Company's Common Stock ceases to be registered with the Securities and
Exchange Commission pursuant to Paragraph 12 of the Securities Exchange Act of
1934 (the "EXCHANGE ACT"), or if the Company ceases to file the reports required
under the Exchange Act, or if a registration statement covering the securities
under the Securities Act is not in effect when it desires to resell (i) this
Warrant or (ii) the Warrant Shares issuable upon exercise of this Warrant, it
may be required to hold such securities for an indefinite period. The
Warrantholder is aware of the provisions of Rule 144 promulgated under the
Securities Act.

                                    (e)      The Warrantholder will not offer,
sell or otherwise dispose of this Warrant or any Warrant Shares to be issued
upon exercise hereof except under circumstances that will not result in a
violation of the Securities Act or any state securities laws.

                                    (f)      Upon exercise of this Warrant, the
Warrantholder shall, if requested by the Company, confirm in writing, in a form
satisfactory to the Company, that the Warrant Shares so purchased are being
acquired solely for the Warrantholder's own account and not as a nominee for any
other party, for investment, and not with a view toward distribution or resale.

                                    (g)      The Warrantholder understands that
this Warrant and all Warrant Shares issued upon exercise hereof shall be stamped
or imprinted with a legend in substantially the form set forth on the first page
hereof.

                  11.      Definitions.  As used herein, unless the context
otherwise requires, the following terms have the following respective meanings:

                  "BOARD OF DIRECTORS" means the Board of Directors of the
Company.

                  "BUSINESS DAY" means any day other than a Saturday, Sunday or
other day on which commercial banks in the State of New York are authorized or
required by law or executive order to close.

                  "CAPITAL STOCK" means, with respect to any Person, any and all
shares, interests, participations, rights in, or other equivalents (however
designated and whether voting or non-voting) of such Person's capital stock and
any and all rights, warrants or options exchangeable for or convertible into
such capital stock (but excluding any debt security whether or not it is
exchangeable for or convertible into such capital stock).

                  "COMMON STOCK" means the Common Stock, par value $.01 per
share, of the Company.

                  "COMPANY" has the meaning set forth in the first paragraph of
this Warrant.

                  "EXERCISE DATE" has the meaning set forth in Paragraph 2.1(b)
of this Warrant.

                                       8
<PAGE>   9

                  "EXERCISE FORM" means an Exercise Form in the form annexed
hereto as Exhibit A.

                  "EXERCISE PERIOD" means the period from the date hereof to
5:00 p.m., Eastern time, on the fifth (5th) anniversary of the date hereof.

                  "EXERCISE PRICE" has the meaning set forth in the first
paragraph of this Warrant.

                  "MAJORITY WARRANTHOLDERS" means the holders of a majority of
Warrant Shares issuable upon exercise of all of the warrants issued, or to be
issued at the Escrow Closing, pursuant to the Purchase Agreement assuming the
exercise of all such warrants.

                  "MARKET PRICE" has the meaning set forth in Paragraph 2.2(a)
of this Warrant.

                  "PERSON" means any individual, firm, corporation, partnership,
limited liability company, trust, incorporated or unincorporated association,
joint venture, joint stock company, governmental body or other entity of any
kind.

                  "PURCHASE AGREEMENT" has the meaning set forth in Paragraph 1
of this Warrant.

                  "SALE TRANSACTION" shall mean (a) (i) the merger or
consolidation of the Company into or with one or more Persons, (ii) the merger
or consolidation of one or more Persons into or with the Company or (iii) a
tender offer or other business combination if, in the case of (i), (ii) or
(iii), the stockholders of the Company prior to such merger, consolidation,
tender offer or other business combination do not retain at least 50% of the
voting power of the surviving Person or (b) the voluntary sale, conveyance,
exchange or transfer to another Person of (i) the voting Capital Stock of the
Company if, after such sale, conveyance, exchange or transfer, the stockholders
of the Company prior to such sale, conveyance, exchange or transfer do not
retain at least 50% of the voting power of the Company or (ii) all or
substantially all of the assets of the Company.

                  "SECURITIES ACT" means the Securities Act of 1933, as amended,
and the rules and regulations of the Securities and Exchange Commission
thereunder.

                  "TRANSACTION" has the meaning set forth in Paragraph 5.6 of
this Warrant.

                  "WARRANT SHARE NUMBER" has the meaning set forth in Paragraph
5.1 of this Warrant.

                  "WARRANT SHARES" has the meaning set forth in the first
paragraph of this Warrant.

                  "WARRANTHOLDER" has the meaning set forth in the first
paragraph of this Warrant.

                                       9
<PAGE>   10

                  12.      Miscellaneous

                           12.1     Entire Agreement.  This Warrant, the
Purchase Agreement, the Escrow Agreement and the Registration Rights Agreement
dated March 30, 2001, between the Company and certain other investors in the
Company constitute the entire agreement between the Company and the
Warrantholder with respect to the Warrant and supersedes all prior agreements
and understanding with respects to the subject matter of this Warrant.

                           12.2     Binding Effect; Benefits.  This Warrant
shall inure to the benefit of and shall be binding upon the Company and the
Warrantholder and their respective permitted successors and assigns. Nothing in
this Warrant, expressed or implied, is intended to or shall confer on any person
other than the Company and the Warrantholder, or their respective permitted
successors or assigns, any rights, remedies, obligations or liabilities under or
by reason of this Warrant.

                           12.3     Headings.  The headings in this Warrant are
for convenience of reference only and shall not limit or otherwise affect the
meaning of this Warrant.

                           12.4     Notices.  All notices, demands and other
communications provided for or permitted hereunder shall be made in writing and
shall be by registered or certified first-class mail, return receipt requested,
telecopier, courier service or personal delivery:

                           (a)      if to the Company:

                                    Daleen Technologies, Inc.
                                    1750 Clint Moore Road
                                    Boca Raton, Florida 33487
                                    Telecopy:     (561) 999-8080
                                    Attention:    Chief Financial Officer

                                    with a copy to:

                                    Morris, Manning & Martin, L.L.P.
                                    1600 Atlanta Financial Center
                                    3343 Peachtree Road, N.E.
                                    Atlanta, Georgia 30326
                                    Telecopy:     (404) 365-9532
                                    Attention:    David M. Calhoun, Esq.

                                    (b)     if to the Warrantholder to the name
and address set forth in the Warrant Register;

                                    with a copy to:

                                    [Counsel to Warrant holder]

                                       10
<PAGE>   11

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

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

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

                                    Telecopy:     _____________________
                                    Attention:    _____________________

                                    and a copy to:

                                    O'Melveny & Myers LLP
                                    Embarcadero Center West
                                    275 Battery Street, 26th Floor
                                    San Francisco, California 94111
                                    Telecopy:    (415) 984-8701
                                    Attention:    Peter T. Healy, Esq.

         Any notice required or permitted hereunder shall be given in writing
and shall be deemed effectively given upon personal delivery or upon deposit in
the United States mail, by registered or certified mail, addressed (i) to the
Warrantholder at the address set forth above, and (ii) to the Company at the
address set forth above, or, if sent by facsimile to the numbers set forth
above, when receipt of such facsimile is verbally (but not mechanically)
acknowledged by the recipient thereof. Any party may by notice given in
accordance with this Paragraph 12.4 designate another address or Person for
receipt of notices hereunder.

                           12.5     Severability.  Any term or provision of this
Warrant which is invalid or unenforceable in any jurisdiction shall, as to such
jurisdiction, be ineffective only to the extent of such invalidity or
unenforceability without rendering invalid or unenforceable the remainder of the
terms and provisions of this Warrant or affecting the validity or enforceability
of any of the terms or provisions of this Warrant in any other jurisdiction.

                           12.6     GOVERNING LAW.  THIS WARRANT SHALL BE
GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK
WITHOUT REGARD TO THE CONFLICTS OF LAW PRINCIPLES THEREOF.

                           12.7     No Rights or Liabilities as Stockholder.
Nothing contained in this Warrant shall be determined as conferring upon the
Warrantholder any rights as a stockholder of the Company or as imposing any
liabilities on the Warrantholder to purchase any securities whether such
liabilities are asserted by the Company or by creditors or stockholders of the
Company or otherwise.

                [Remainder of this page intentionally left blank]

                                       11
<PAGE>   12

                  IN WITNESS WHEREOF, the Company and the Warrantholder have
caused this Warrant to be executed this _______ day of _________________, 2001.

                                            DALEEN TECHNOLOGIES, INC.

                                            By:
                                                -------------------------------
                                            Name:
                                            Title:

                                            WARRANTHOLDER

                                            By:
                                                -------------------------------
                                            Name:
                                            Title:

<PAGE>   13

                                                                 FORM OF WARRANT

                                    EXHIBIT A

                                  EXERCISE FORM

                 (To be executed upon exercise of this Warrant)

                  The undersigned hereby irrevocably elects to exercise the
right, represented by this Warrant, to purchase [_______] shares of Series F
Preferred Stock and [HEREWITH TENDERS PAYMENT FOR SUCH SHARES TO THE ORDER OF
THE COMPANY IN THE AMOUNT OF $____________] [HEREBY EXERCISES ITS CONVERSION
OPTION] in accordance with the terms of this Warrant. The undersigned requests
that a certificate for such [WARRANT SHARES] [NUMBER OF WARRANT SHARES TO WHICH
THE UNDERSIGNED IS ENTITLED CALCULATED PURSUANT TO PARAGRAPH 2.2] be registered
in the name of the undersigned and that such certificates be delivered to the
undersigned's address below.

                  The undersigned represents that the representations and
warranties set forth in Paragraph 10 of the Warrant are true and correct as to
the Warrantholders as of the date hereof.

Dated:

                           Name
                                    --------------------------------------------
                                    (Print)

                           Signature:
                                     -------------------------------------------

                           Title:
                                    --------------------------------------------

                                    --------------------------------------------
                                    (Street Address)

                                    --------------------------------------------
                                    (City)            (State)        (Zip Code)

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00023-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00023-of-00352.parquet"}]]