Document:

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                                                                   EXHIBIT 10.12

                            ASSET PURCHASE AGREEMENT

                                  BY AND AMONG

                             WEBALG, INC. ("BUYER"),

         LEASE MARKETING, LTD., WIZARD ASSET ACQUISITION LLC, LML ASSET
        ACQUISITION, LLC, LML SYSTEMS, INC. (EACH A "SELLER ENTITY" AND
                      TOGETHER, THE "SELLER ENTITIES"), AND

               MARK SIMMONS, TRUST CREATED UNDER THE MARK SIMMONS
          DECLARATION OF TRUST DATED OCTOBER 22, 2002 AND KAREN DILLON
    ("PRINCIPALS" AND, TOGETHER WITH THE SELLER ENTITIES, THE SELLER
                                    PARTIES)

                            EFFECTIVE AUGUST 1, 2004

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                            ASSET PURCHASE AGREEMENT

      This ASSET PURCHASE AGREEMENT (the "Agreement"), dated as of July 30, 2004
by and among webalg, inc., a Delaware corporation ("Buyer"), Wizard Asset
Acquisition LLC, LML Asset Acquisition, LLC, LML Systems, Inc., Lease Marketing,
Ltd. (together the "Seller Entities"), Mark Simmons ("Simmons"), the trust
created under the Mark Simmons Declaration of Trust dated October 22, 2002 (the
"Simmons Trust"), and Karen Dillon ("Dillon," Simmons, Simmons Trust and Dillon
being the "Principals" and, together with the Seller Entities, the "Seller
Parties").

                              W I T N E S S E T H:

      WHEREAS, the Seller Parties own or have the rights to use and transfer all
of the assets used in connection with the Business (as defined herein);

      WHEREAS, the Seller Parties desire to sell, and Buyer desires to purchase
certain assets used in the Business on the terms and conditions set forth in
this Agreement;

      WHEREAS, contemporaneously with the execution and delivery of this
Agreement, Simmons and Simmons Trust are entering into a Software Sale Agreement
with Buyer (the "Software Sale Agreement") pursuant to which Simmons and Simmons
Trust have agreed to sell to Buyer and Buyer has agreed to purchase from Simmons
and Simmons Trust certain computer software programs, source codes and other
assets used by the Seller Entities in the Business, contingent upon the
occurrence of the Closing hereunder; and

      WHEREAS, capitalized terms used and not otherwise defined herein shall
have the meanings set forth in Article X hereof.

      NOW THEREFORE, in consideration of the foregoing and the mutual
representations, warranties, covenants, agreements, terms and conditions
contained herein, the parties hereto do hereby agree as follows:

                                   ARTICLE I
                                  SALE; CLOSING

            1.1 Transfer of Assets. Subject to the terms and conditions set
forth in this Agreement, the Seller Parties hereby sell, assign, transfer and
deliver to Buyer the assets, rights, privileges, contracts and properties of the
Seller Parties, real or personal, tangible or intangible, absolute or continent,
wherever located, owned by one or more Seller Parties and used by any of them in
connection with the Business, except the Excluded Assets (the "Assets"),
including all of the following:

            (a) The leasehold interest in real property held under the lease
dated December 30, 1999 between Lease Marketing, Ltd. and Douglas Commons LLC
for Suite 100 in Building D at 2540 Douglas Boulevard, Roseville, California;

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            (b) All fixtures and improvements attached to the real property in
which Seller Parties have the leasehold interest referred to in Section 1.1(a)
and listed on Section 1.1(b) of the Seller Disclosure Schedule;

            (c) All machinery, equipment, apparatus, furniture and fixtures,
materials, supplies, motor vehicles, computer hardware, office equipment, and
other equipment owned by a Seller Party including, without limitation, the
assets listed on Section 1.1(c) of the Seller Disclosure Schedule (excluding,
however, any leasehold improvements listed on Section 1.1(c) of the Seller
Disclosure Schedule at any real property other than the leasehold interest
referred to in Section 1.1(a)) ;

            (d) All of Seller Parties' rights and interests arising under or in
connection with the Contracts listed on Section 1.1(d) of the Seller Disclosure
Schedule and the Backlog Contracts (collectively, the "Transferred Contracts")
including, without limitation, all of Seller Parties' rights, under (i) the
customer leases listed on said Schedule 1.1(d), (ii) the agreements listed on
Schedule 1.1(d) with employees and former employees of the Business restricting
such employees or former employees from competing with the Business or
soliciting customers of the Business and (iii) software licenses and other
agreements between any Seller Party and its customers, to repurchase, reacquire
or obtain the release of security interests filed against, the equipment,
computer hardware, and other personal property subject to such factored leases;

            (e) Except as set forth in Section 1.2(e), Seller Parties' prepaid
expenses including, without limitation, those shown on the preliminary balance
sheet as of June 30, 2004 included as Section 1.1(e) of the Seller Disclosure
Schedule (the "Preliminary Balance Sheet"), together with any additions to such
prepaid expenses and subject to any reductions therefrom made or incurred by a
Seller Party in operating the Business in the ordinary course after the date of
such schedule through July 31, 2004, as such prepaid expenses may be finally
determined in accordance with Section 1.6;

            (f) All of Seller Parties' rights and interests in any information
service systems and software used by Seller Parties in the ownership and
operation of the Business;

            (g) All of Seller Parties' rights and interests in any sales data,
customer lists, information relating to customers or products, suppliers' names,
mailing lists, marketing materials, products and documentation and, if any,
advertising matter and all rights thereto relating to the Business;

            (h) All of Seller Parties' Intellectual Property Rights and Licensed
Rights and any goodwill associated with the Business, including, but not limited
to all improvements, enhancements, updates and additions made by any employee of
any Seller Party in the course of such Person's employment to the software
licensed to the Seller Parties by Simmons;

            (i) All of Seller Parties' books and records relating to the
Business, the customers thereof and the Rehired Employees;

            (j) All of Seller Parties' transferable Approvals and Permits
relating to the Business;

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            (k) As set forth in Section 1.1(k) of Seller Disclosure Schedule,
all of Seller Parties' accounts receivable relating to the Business shown on the
Preliminary Balance Sheet, together with any additions to such accounts
receivable and subject to any reductions thereof resulting from a Seller Party's
conduct of business in the ordinary course from the date of the Preliminary
Balance Sheet through July 31, 2004, as such accounts receivable may be finally
determined in accordance with Section 1.6;

            (l) Any and all security deposits held by a Seller Party related to
any leasing of a Seller Party's property, including security deposits received
under leases of the Seller Parties' Intellectual Property and Licensed Rights;

            (m) All proceeds received by any of the Seller Parties (including
judgments, indemnity payments, amounts received in settlement and payments under
any insurance policies) in respect of any Action, other than those Actions
listed on Section 1.1(m) of the Seller Disclosure Schedule, relating to the
Business to which any Seller Party is a party in any capacity that is based upon
or arises out of any event, dispute or other occurrence prior to the Effective
Date; and

            (n) The Seller Entities' cash and all other assets relating to the
Business, which for the avoidance of doubt cash shall not be less than zero and
shall exclude checks written in excess of available cash balance, which shall be
deemed Excluded Liabilities.

            1.2 Assets Not Transferred. The following assets, rights and
properties of Seller Parties are specifically excluded from the Assets and shall
be retained by Seller Parties (the "Excluded Assets"):

            (a) The Purchase Price and Seller Parties' rights under this
Agreement;

            (b) Seller Entities' articles of incorporation, corporate seals,
minute books, stock books and other corporate or comparable organizational
records having to do with the organization and capitalization of the Seller
Entities and all income Tax Returns and other records; provided, however, that
copies of such Tax Returns shall be provided to Buyer at the Closing and copies
of such other materials shall be provided to Buyer upon request;

            (c) Any Equity Securities of a Seller Entity held by another Seller
Entity or Equity Securities of a Seller Entity held by such Seller Entity as
treasury securities;

            (d) All of Seller Parties' insurance policies, contracts, credits,
reserves and other sources of funding with respect to any employee benefit
Plans, arrangements or agreements;

            (e) Seller's prepaid expenses listed or described in Section 1.2(e)
of the Seller Disclosure Schedule as "Excluded" and Seller's security deposits
under leases for real property constituting Excluded Liabilities and deposits
with respect to utility services at the premises subject to such leases;

            (f) Except for the agreements described in clause (ii) of Section
1.1(d), all employment agreements to which a Seller Party is a party; and

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            (g) All assets that are neither (i) listed or described in Section
1.1, in the Seller Disclosure Schedule, in the Financial Statements or on the
Preliminary Balance Sheet, as the same may be adjusted pursuant to Section 1.6,
nor (ii) used by any Seller Party in the Business.

            1.3 Assumption of Certain Liabilities. Buyer hereby assumes and
agrees to pay, perform and discharge when due, only the following liabilities
and obligations of Seller Parties (the "Assumed Liabilities"):

            (a) Liabilities in respect of (i) the Seller Entities' customer
prepayments listed in Section 1.3(a)(i) of the Seller Disclosure Schedule and
(ii) repayment of security deposits under customer leases acquired pursuant to
Section 1.1(d)(i) owed to the Seller Entities' customers listed in Section
1.3(a)(ii) of the Seller Disclosure Schedule in the amount set forth in Section
1.5(a), in each case as set forth on the Preliminary Balance Sheet and as such
items may be finally determined in accordance with Section 1.6;

            (b) Liabilities arising after July 31, 2004 under the lease referred
to in Section 1.1(a) and the Transferred Contracts; and

            (c) Costs incurred and obligations arising after the Effective Date
under Backlog Contracts, including sales commissions payable in respect of such
Contracts. For avoidance of doubt, any out-of-pocket costs associated with the
installation of Transferred Contracts listed on Section 1.1(d) of the Seller
Disclosure Schedule that should have been categorized as Backlog Contracts,
whether or not arising prior to the Effective Date, shall be Excluded
Liabilities.

            1.4 Non-Assumption of Other Liabilities. Except for liabilities and
obligations specifically assumed pursuant to and identified in Section 1.3
above, Buyer shall not assume, shall not take subject to and shall not be liable
for, any liabilities or obligations of any kind or nature, whether absolute,
contingent, accrued, known or unknown, of Seller Parties or any Affiliate of a
Seller Party (the "Excluded Liabilities"). Without limiting the generality of
the prior sentence, Excluded Liabilities shall include, without limitation:

            (a) All Indebtedness of any Seller Party;

            (b) All liabilities related directly or indirectly to Seller Party
indemnification obligations in existence as of July 31, 2004;

            (c) All liabilities resulting from Actions and Orders arising out of
or related to the conduct of the Business prior to July 31, 2004, including,
without limitation, those actual, pending and threatened Actions set forth in
Section 2.2(l) of the Seller Disclosure Schedule;

            (d) All liabilities attributable to any claim that the conduct of
the Business or the use of the Intellectual Property Rights or the Licensed
Rights infringes upon, misuses or misappropriates the Intellectual Property of
any Person.

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

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            (f) All liabilities for Taxes of the Seller Parties (i) imposed with
respect to the taxable periods or portions thereof ending on or before July 31,
2004, (ii) resulting from, relating to or arising out of or otherwise in
connection with the transactions contemplated by this Agreement, and (iii) any
income or gains Taxes arising from the sale of the Assets pursuant to this
Agreement;

            (g) All liabilities and obligations resulting from, relating to or
arising out of any former operations of the Business that have been discontinued
or disposed of prior to the date of execution and delivery of this Agreement ;

            (h) All liabilities and obligations to factors related to or arising
under any and all factoring agreements to which a Seller Party is party;

            (i) All liabilities and obligations related to any Seller Party
self-funded insurance program;

            (j) Liabilities arising out of or relating to the assertion or
attempted assertion of dissenters' rights, right of appraisal, or similar
rights, by any holder of Equity Securities of any Seller Entity;

            (k) The Principals' Loans and any other Liabilities of any Seller
Entity to any holders of the Equity Securities of such Seller Entity;

            (l) All liabilities and obligations (including, without limitation,
liabilities for compensation, wages, bonuses, sales commissions, licensing
commissions, vacation time and vacation pay, pay in lieu of vacation, severance
pay and benefits or liabilities under any of Seller Entities' Plans) relating to
current or former employees of Seller Entities arising on or before July 31,
2004 or under any employment agreement to which a Seller Party is a Party;

            (m) All liabilities and obligations of any Affiliate of any of the
Seller Parties if such Affiliate is not also a Seller Party;

            (n) All debts, liabilities or obligations whatsoever, that do not
arise out of or relate to the Business or that do not otherwise arise out of or
relate to the Assets; and

            (o) Except as provided in Section 1.3(c), all debts, liabilities and
obligations whatsoever (including, without limitation, liabilities for payment
of sales commissions or ongoing monthly maintenance commissions) due as of July
31, 2004, including, without limitation, any such commissions in respect of
Contracts listed in Section 1.1(d) of the Seller Disclosure Schedule that have
been factored.

            1.5 Purchase Price.

            (a) Subject to the terms and conditions set forth in this Agreement,
the Buyer agrees to purchase and acquire the Assets from the Seller Parties for
a purchase price of $11,540,000 plus the assumption of the Assumed Liabilities,
payable as set forth in subsection (b) below (in the aggregate, the "Purchase
Price"). In addition, the purchase price for the assets to be purchased by Buyer
pursuant to the Software Sale Agreement, as set forth in such

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agreement, is $1,260,000, payable on the fourth anniversary of the Effective
Date, as set forth in the Software Sale Agreement. Buyer and the Seller Parties
confirm that the aggregate amount to be paid by Buyer to the Seller Parties for
all of the assets used in the Business, comprising the Assets to be acquired
hereunder and the assets to be acquired pursuant to the Software Sale Agreement,
is $12,800,000 (excluding assumed customer security deposits in the amount of
approximately $3,400,000). Such aggregate amount is referred to in this
Agreement as the "Consideration." The Consideration payable pursuant to this
Agreement and the Software Sale Agreement shall be subject to adjustment and
disbursed in accordance with Section 1.6 of this Agreement.

            (b) The Purchase Price shall be payable as follows:

                  (i) $8,000,000 shall be payable at the Closing by means of
      Buyer's deposit of a cash payment in such amount into the Disbursement
      Account;

                  (ii) $1,000,000, $1,000,000 and $1,540,000 shall be payable on
      the first, second and third anniversaries, respectively, of the Effective
      Date. Each such payment shall be made by means of Buyer's deposit of a
      cash payment in the required amount into the Disbursement Account on the
      applicable anniversary of the Effective Date. Such funds shall be
      disbursed from the Disbursement Account, (x) to pay all Closing Seller
      Liabilities and Additional Pre-Closing Liabilities (each as defined in
      Section 1.6 below) remaining unpaid on the applicable payment date
      anniversary, (y) to the extent of funds remaining after such
      disbursements, to pay the then outstanding balance on the Principal Loans,
      and (z) to the extent of any remaining funds, to the Seller Entities. The
      disbursements provided for clauses (y) and (z) of this Section 1.5(b)(ii)
      shall be paid within seven (7) days after each anniversary of the
      Effective Date. By their execution and delivery of this Agreement, the
      Principals hereby waive and release their right to receive any interest on
      the Principals' Loans accruing after July 31, 2004.

                  (iii) as of the Effective Date, Buyer shall assume the other
      Assumed Liabilities.

            (c) The parties confirm that the Purchase Price has been allocated
as fair value among the Seller Entities as follows:

                  (i) $970,000 to the Assets sold by LML Systems, Inc.;

                  (ii) $640,000 to the Assets sold by LML Asset Acquisition LLC;

                  (iii) $270,000 to the Assets sold by Wizard Acquisition LLC;
      and

                  (iv) $9,660,000 plus the assumption of the Assumed Liabilities
      to the Assets sold by Lease Marketing, Ltd.

            1.6 Consideration Adjustments, Disbursement Account.

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            (a) As promptly as practicable after July 31, 2004, Seller Parties
shall cause to be prepared a balance sheet as of July 31, 2004. Such balance
sheet shall be prepared from the Seller Entities' accounting books and records
on a basis consistent with the Preliminary Balance Sheet, and shall also reflect
any additional adjustments as may be deemed appropriate by Buyer for
presentation on an accrual basis of accounting in accordance with U.S. GAAP.
Seller Parties shall keep Buyer apprised of the status of the preparation of
such balance sheet and shall afford Buyer, its accounting personnel and outside
auditors or advisors unrestricted access to the Seller Parties' accounting and
other records to enable Buyer to determine the adjustments required to be made
thereto. The balance sheet as of July 31, 2004 shall be prepared by the
accounting firm of Kolnicki, Petterson and Worth LLP. Buyer agrees to make any
books and records required for the preparation of such balance sheet and
transferred to Buyer pursuant to Section 1.1 hereof available to such accounting
firm for purposes of creating the balance sheet. Upon completion of the balance
sheet as of July 31, 2004 by such accounting firm, it shall be provided to Buyer
for approval thereof. If Buyer elects not to accept such balance sheet, the
parties agree to work with the accountants in good faith to address Buyer's
concerns, provided that Buyer may only object to such statement on the basis of
a good faith, reasonable interpretation of GAAP, consistently applied. Buyer
shall use its reasonable commercial efforts to complete its review of such
balance sheet as promptly as practicable after receipt and to provide Seller
Parties with its approval thereof or objections thereto within thirty (30) days
after Buyer's receipt of such balance sheet. The balance sheet as of July 31,
2004, as finally adjusted and approved by Buyer in accordance with the foregoing
limitation, is referred to herein as the "Closing Balance Sheet."

            (b) Upon Buyer's acceptance of the Closing Balance Sheet, the
portion of the Purchase Price payable in cash pursuant to Section 1.5(b)(i) (the
"Initial Cash Payment") shall be subject to adjustment as provided in this
Section 1.6.

                  (i) If the aggregate amount of the Seller Entities'
      liabilities (excluding, for avoidance of doubt, the Principals' Loans) to
      be paid out of the initial proceeds, as shown on the Closing Balance Sheet
      (together, the "Closing Seller Liabilities") exceeds the portion of the
      Purchase Price payable pursuant to Section 1.5(b)(i), Seller Parties shall
      pay the amount of such excess to Buyer not more than 15 days after
      completion of the Closing Balance Sheet by depositing such amount into the
      Disbursement Account, provided, however, that if such excess amount is
      less than $50,000, such payment shall be made to Buyer as an offset
      against the payment due from Buyer to the Seller Parties as provided in
      Section 1.6(c) or, if no such payment is due, as an offset pursuant to
      Section 1.6(d).

                  (ii) If the portion of the Purchase Price payable pursuant to
      Section 1.5(b)(i) exceeds the Closing Seller Liabilities, Buyer shall pay
      the amount of such excess to the Seller Parties from the Disbursement
      Account pursuant to Section 1.6(c).

            (c) The Seller Parties hereby designate the Buyer as their
Disbursing Agent and direct Buyer to deposit the cash payments required to be
made by Buyer pursuant to Section 1.5(b)(i) and Section 1.5(b)(ii) into a
separate account to be established by Buyer as the Disbursement Account.
Contemporaneously with the execution and delivery of this Agreement and the
delivery of the instruments and documents required by Section 1.9(a) and Section
1.9(b),

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the Disbursing Agent shall effect payment to U.S. Bank of the amount due to said
bank as set forth in the payoff letter delivered pursuant to Section 1.9(a)(ix),
by wire transfer of immediately available funds to the account identified in
such payoff letter. Funds deposited pursuant to Section 1.5(b)(i) remaining in
the Disbursement Account after such payment to U.S. Bank and after any payment
to Buyer pursuant to Section 1.6(b)(i) (which Seller Parties expressly authorize
Buyer to pay to itself, if applicable) shall be disbursed to pay liabilities
shown on the Preliminary Balance Sheet (if the Disbursing Agent elects to pay
any such liabilities prior to agreement upon the Closing Balance Sheet) and to
pay Closing Seller Liabilities and other liabilities of the Seller Entities, in
each case in accordance with the procedures set forth herein. Such funds,
together with any interest earned thereon, shall be held by the Disbursing Agent
in the Disbursement Account until the date one hundred eighty (180) days
following Buyer's acceptance of the Closing Balance Sheet at which time the
funds in the Disbursement Account, together with the amount, if any, due from
Buyer to the Seller Parties pursuant to Section 1.6(b)(ii), less (i) unpaid
Closing Seller Liabilities, (ii) unpaid Additional Pre-Closing Liabilities (as
defined below), including any such unpaid Additional Pre-Closing Liabilities
that are under discussion between Simmons and the Disbursing Agent or between
Simmons and the Person asserting the claim (which shall be retained in the
Disbursement Account in the full amount of the asserted claim), (iii) amounts
which Simmons, on behalf of the Seller Parties, shall reasonably demonstrate to
be sufficient to provide for real property leases constituting Excluded
Liabilities, other commitments existing as of July 31, 2004 and other contingent
Excluded Liabilities for which a claim is made, and (iv) any amount due to Buyer
pursuant to Section 1.6(b)(i), shall be released to the Seller Parties in
accordance with the allocation established pursuant to Section 1.6(c). While it
holds funds in the Disbursement Account pursuant to the preceding sentence, the
Disbursing Agent shall apply such funds from time to time only toward payments
to the Seller Parties or toward payment of the Closing Seller Liabilities and
the Additional Pre-Closing Liabilities (as defined below). "Additional
Pre-Closing Liabilities" shall mean claims by Persons purporting to be creditors
of one or more Seller Entities in respect of services performed for or products
delivered to any of them prior to July 31, 2004, including up to $200,000 of
monthly maintenance commissions paid by Buyer to Rehired Employees prior to the
first anniversary of the Effective Date with respect to customer leases
constituting Transferred Contracts, commitments and contingent liabilities
existing as of July 31, 2004, or any other debt or liability of a Seller Entity
that arose prior to July 31, 2004, which claims have been received by Buyer,
forwarded to Simmons and not identified by Simmons as paid by a Seller Entity or
objected to by Simmons within ten (10) business days of his receipt of such
notice. Any claim by Simmons of payment of an Additional Pre-Closing Liability
shall be accompanied by evidence of such payment satisfactory to the Disbursing
Agent, acting reasonably. If Simmons objects to the payment of an Additional
Pre-Closing Liability, then Simmons and the Disbursing Agent shall work together
until such Additional Pre-Closing Liability is resolved to their mutual
satisfaction and the satisfaction of the party asserting such Additional
Pre-Closing Liability. If Simmons and the Disbursing Agent do not reach an
agreement regarding such Additional Pre-Closing Liability within ninety (90)
days, such Additional Pre-Closing Liability shall be paid from the Disbursement
Account.

            (d) If the funds in the Disbursement Account are insufficient to pay
all of the Closing Seller Liabilities and all Additional Pre-Closing Liabilities
that become payable in accordance with Section 1.6(c), Buyer may pay such
amounts by depositing into the Disbursement Account an amount equal to the
amount of such additional liabilities, such

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additional deposited funds shall be disbursed from the Disbursement Account to
pay such additional liabilities, and the payments due to any Seller Party on or
in respect of the Principals' Loans, and/or under the Software Sale Agreement,
and/or as Additional Consideration shall be reduced to the extent necessary by
the aggregate amount of all such additional deposits by Buyer. Prior to making
any additional deposit into the Disbursement Account pursuant to this Section
1.6(d) that would reduce a payment (i) of the Principals' Loans, (ii) under the
Software Sale Agreement or (iii) of Additional Consideration, Buyer shall notify
Simmons of such proposed payment and shall provide Simmons with twenty (20)
Business Days in which to settle the liability in question for an amount that is
less than the amount proposed to be paid by Buyer, as Disbursing Agent. Upon the
expiration of such twenty (20) Business Days, the Disbursing Agent may pay such
liability in accordance with this Section 1.6(d).

            (e) Seller Parties acknowledge that the provisions for payments from
the Disbursement Account (including payments made from additional deposits
pursuant to Section 1.6(d) hereof) are being established solely as a procedure
for application of the Consideration (and, if necessary, the Additional
Consideration) to pay the Closing Seller Liabilities and the Additional
Pre-Closing Liabilities, and that the parties do not intend that the Buyer
assume, nor shall such payments constitute Buyer's assumption of, any Excluded
Liabilities, and that nothing in any of Sections 1.6(c) and 1.6(d), and no
payment by Buyer pursuant to Section 1.6(d) or Section 1.6(e) shall alter the
status of any Additional Pre-Closing Liabilities as "Excluded Liabilities" for
all purposes of this Agreement. Seller Entities shall pay all Closing Seller
Liabilities and Additional Pre-Closing Liabilities remaining unpaid at the time
of any disbursement to them from the Disbursement Account and shall not make any
payment of interest, principal or any sum due on the Principals' Loans prior to
payment of all Closing Seller Liabilities and Additional Pre-Closing
Liabilities.

            (f) If, at any time during the six (6) months following July 31,
2004, Buyer repurchases any Transferred Contract that a Seller Party previously
sold to a factor or other lender (or from any such Person's assignee or
successor in interest as owner of a Contract to be repurchased), the
installments payable (x) pursuant to Section 1.5(b) of this Agreement on the
first, second and third anniversaries of the Effective Date and, if necessary,
(y) under the Software Sale Agreement and (z) if necessary, as Additional
Consideration under Section 1.7(b) and 1.7(c) on the third and fourth
anniversaries, respectively, of the Effective Date, shall be reduced by the
Buyout Set-off Amount. For purposes of this Agreement the "Buyout Set-off
Amount" shall be the aggregate amount paid by Buyer from the Effective Date
through the last date of such six-month period to repurchase factored Contracts,
including amounts paid to repurchase the equipment leased pursuant to such
Contracts and the retail value of other products Buyer or its Affiliates may
provide to replace such equipment, together with any payments made by Buyer to
the customers party to such repurchased Contracts in connection with the
termination thereof or settlement of such customers' claims thereunder. Payments
in respect of repurchased Contracts shall reduce amounts due under this
Agreement or under the Software Sale Agreement due on the first, second, third
and fourth anniversaries of the Effective Date pursuant to this Section 1.6(f)
only if such repurchases are (i) pursuant an option or other right held by a
factor or lender to require Buyer to repurchase Contracts, (ii) pursuant to
written consent given by Simmons or (iii) related to problems related to the
sale or lease of hardware or software under the repurchased Contract that
occurred prior to the Effective Date and Buyer is continuing to provide
maintenance under such Contract. Amounts paid by Buyer to repurchase

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Contracts solely to enable Buyer to terminate a factoring agreement or solely to
facilitate execution of a new Contract between the customer under the Contract
and Buyer shall not be included in any computation of the Buyer Set-off Amount.
Prior to repurchasing any Contract other than in accordance with the preceding
clauses (i) or (ii), Buyer shall consult with Simmons, as representative of the
Seller Parties, regarding the necessity or desirability of effecting such
purchase.

            1.7 Additional Consideration. In addition to the Purchase Price,
Buyer shall make additional payments for the Assets (the "Additional
Consideration") to the extent required by this Section 1.7.

            (a) Seller Parties jointly and severally represent and warrant that
Section 1.7(a) of the Seller Disclosure Schedule contains a complete and
accurate list of those Dealers who are licensees of LeaseLink lease comparison
tool 4.5, 6.0, or Direct (referred to collectively as "LeaseLink" and, for
avoidance of doubt, excluding "GuestTrack," "Wizard," and "Forms by Superior" or
any other product of the Seller Entities) Dealers (collectively, the "Seller
Rooftops") including (i) the number of LeaseLink licenses held by each such
Seller Rooftop and (ii) the unique address of such Dealer. Except as disclosed
in Section 1.7(a) of the Seller Disclosure Schedule, none of the Seller Rooftop
licenses has been sold, transferred, factored or otherwise disposed of. The
terms of each factored Seller Rooftop license shown on Section 1.7(a) of the
Seller Disclosure Schedule is coterminous with or exceeds the duration of the
agreement under which such license was factored. As soon as practicable after
July 31, 2004, Seller Parties shall prepare a revised Schedule 1.7(a) that shall
contain a complete and accurate list of Seller Rooftops as of July 31, 2004,
which shall be subject to review and approval by Buyer, such approval not to be
unreasonably withheld.

            (b) If the aggregate number of Seller Rooftops together with any
Dealers purchasing any successor product to LeaseLink or product(s) offering
substantially equivalent replacement functionality to LeaseLink from Buyer or an
Affiliate of Buyer (collectively, the "LeaseLink Dealers") of the Seller
Entities and the Buyer on the third anniversary of the Effective Date, including
new Dealers and Dealer renewals during such three-year period, net of Dealers
which are cancelled, terminated, abandoned, bought out or expire without renewal
during such period and excluding Dealers that become such through acquisitions
by Buyer or any of its Affiliates of any assets, shares or business other than
the Assets, is greater than the number of LeaseLink Dealers on July 31, 2004 as
set forth on Schedule 1.7(a) of the Seller Disclosure Schedule, subject to
adjustment within thirty (30) days of July 31, 2004 (such greater number of
LeaseLink Dealers being the "Incremental Third Year Dealers"), the Buyer will
pay the Seller Parties an amount equal to the product of $2,000.00 and the
number of Incremental Third Year Dealers.

            (c) If the aggregate number of LeaseLink Dealers of the Seller
Entities and the Buyer on the fourth anniversary of the Effective Date is
greater than such aggregate number of LeaseLink Dealers on the third anniversary
of the Effective Date, including new Dealers and Dealer renewals during such
year, net of Dealers which are cancelled, terminated, abandoned, bought out or
expire without renewal during such year and excluding Dealers that become such
during such year through acquisitions by Buyer or any of its Affiliates of any
assets, shares or business other than the Assets (such greater number of
LeaseLink Dealers being

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the "Incremental Fourth Year Dealers"), the Buyer will pay the Seller Parties an
amount equal to the product of $2,000.00 and the number of Incremental Fourth
Year Dealers.

            1.8 The Closing. All deliveries required under Section 1.9 in
connection with the Closing of the transactions provided for in this Agreement
shall be effected in New York, New York, at the offices of O'Melveny & Myers
LLP, Times Square Tower, 7 Times Square, New York, New York (unless the parties
hereto otherwise agree in writing) at 10:00 a.m. on July 30, 2004, or at such
other time and place as the parties may agree. The foregoing notwithstanding,
and notwithstanding the payment to U.S. Bank required by Section 1.6(a), Buyer's
acquisition of the Assets and its assumption of the Assumed Liabilities shall be
effective as of 12:01 a.m. on August 1, 2004 (the "Effective Date").

            1.9 Conveyances and Deliveries at the Closing.

            (a) Deliveries by Seller Parties. Contemporaneously with the
execution and delivery of this Agreement, Seller Parties shall deliver or cause
to be delivered to Buyer the following:

                  (i) this Agreement;

                  (ii) a bill of sale and assignment, substantially in the form
      of Exhibit A hereto duly executed by Seller Parties, conveying to Buyer
      valid title to all tangible assets which are a part of the Assets and
      valid title to all intangible assets which are a part of the Assets, free
      and clear of all Encumbrances;

                  (iii) an assignment, fully executed by Lease Marketing, Ltd.
      in recordable form assigning to Buyer the leasehold interest in real
      property referred to in Section 1.1(a) in substantially the form of
      Exhibit B-1;

                  (iv) an assignment and assumption agreement to effectuate
      assignment of the Contracts described in Section 1.1(d), in substantially
      the form of Exhibit B-2;

                  (v) for any Intellectual Property Rights, the assignment of
      which is required or permitted to be recorded in the U.S. Patent and
      Trademark Office, the U.S. Copyright Office or a similar office or
      authority of any foreign jurisdiction, duly executed assignments of such
      Intellectual Property Rights in recordable form insubstantially the form
      of Exhibits E-1 and E-2;

                  (vi) the affidavit or certificate as to non-foreign status of
      each Seller Entity required by Section 2.2(h);

                  (vii) such other instruments of transfer reasonably requested
      by Buyer to transfer to and vest in Buyer all of Seller Parties' right,
      title and interest in and to the Assets;

                  (viii) copies of resolutions duly adopted by the Board of
      Directors or the Person or Persons exercising similar authority and the
      shareholders or

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<PAGE>

      members of each of the Seller Entities, authorizing and approving the
      Seller Entities' performance of the transactions contemplated hereby and
      the execution and delivery of this Agreement and the documents described
      herein, certified as true and of full force;

                  (ix) all Approvals from third parties as are required to
      consummate the transactions contemplated hereby (including, without
      limitation, a payoff letter from U.S. Bank, N.A. in form satisfactory to
      Buyer and releases of the liens and security interests granted to such
      bank by the Seller Entities);

                  (x) [intentionally left blank];

                  (xi) the opinion of counsel referred to in Section 4.1(f);

                  (xii) one or more counterparts of the Transition Services
      Agreement, duly executed by the Seller Entities in substantially the form
      of Exhibit F;

                  (xiii) one or more counterparts of the Software Sale
      Agreement, duly executed by Simmons, Simmons Trust and Lease Marketing,
      Ltd.;

                  (xiv) one or more counterparts of any employment or consulting
      agreement offered to a Principal, on or prior to the date of the execution
      and delivery of this Agreement in substantially the form of Exhibit D-1 or
      D-2, as the case may be, duly executed by the Principal or Principals
      named in such Agreement or Agreements;

                  (xv) any documents effecting the changes to the names of the
      Seller Entities required to be delivered by Section 3.8, duly executed
      (and acknowledged where acknowledgement is a condition to filing or
      recordation) by the applicable Seller Party;

                  (xvi) the security deposits to be acquired pursuant to Section
      1.1(l); and

                  (xvii) such other documents and instruments as are required
      pursuant to this Agreement or as may reasonably be requested by Buyer or
      its counsel.

            (b) Deliveries by Buyer. Contemporaneously with the execution and
delivery of this Agreement, Buyer shall deliver or cause to be delivered the
following:

                  (i) this Agreement;

                  (ii) the name and address of the bank at which the
      Disbursement Account has been established, together with confirmation of
      Buyer's deposit into the Disbursement Account of the cash deposit required
      by Section 1.5(b)(i);

                  (iii) assignment and assumption agreements substantially in
      the forms of Exhibits B-1 and B-2;

                  (iv) the officer's certificate referred to in Section 4.2(d);

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                                       12
<PAGE>

                  (v) one or more counterparts of the Transition Services
      Agreement, duly executed by Buyer;

                  (vi) one or more counterparts of the Software Sale Agreement,
      duly executed by Buyer;

                  (vii) one or more counterparts of the any employment or
      consulting agreement offered to a Principal on or prior to the date of the
      execution and delivery of this Agreement, duly executed by Buyer;

                  (viii) copies of resolutions duly adopted by the Board of
      Directors or the Person or Persons exercising similar authority of Buyer,
      authorizing and approving the Buyer's performance of the transactions
      contemplated hereby and the execution and delivery of this Agreement and
      the documents described herein, certified as true and of full force;

                  (ix) the opinion of counsel referred to in Section 4.2(e);

                  (x) such other documents and instruments as are required
      pursuant to this Agreement or as may reasonably be requested by a Seller
      Party or its counsel.

            (c) Physical Delivery of Tangible Assets. To the extent not actually
delivered on the date hereof and not addressed by the Transition Services
Agreement, the Seller Entities shall effect physical delivery of the tangible
assets included in the Assets to Buyer by providing Buyer with physical access
to the locations of such Assets.

            (d) License Termination. The Software License Agreement dated
November 8, 2000 between Simmons and Lease Marketing, Ltd., as amended or
supplemented, is hereby terminated.

                                   ARTICLE II
                         REPRESENTATIONS AND WARRANTIES

            2.1 Representations and Warranties by Buyer. Buyer represents and
warrants to Seller Parties, as of the date of the execution and delivery of this
Agreement, as follows:

            (a) Organization and Related Matters. Buyer is a corporation duly
organized, validly existing and in good standing under the Laws of Delaware.
Buyer has all necessary corporate power and authority to carry on its business
as now conducted. Buyer has the necessary corporate power and authority to
execute, deliver and perform this Agreement and consummate the transactions
contemplated hereby.

            (b) Authorization. The execution, delivery and performance of this
Agreement by Buyer have been duly and validly authorized by the board of
directors of Buyer and by all other necessary corporate action on the part of
Buyer. This Agreement constitutes the legal, valid and binding obligation of
Buyer, enforceable against Buyer in accordance with its

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                                       13
<PAGE>

terms except as such enforceability may be limited by bankruptcy, insolvency,
reorganization, moratorium and other similar Laws and equitable principles
relating to or limiting creditors' rights generally.

            (c) No Conflicts. The execution, delivery and performance of this
Agreement by Buyer will not violate the provisions of, or constitute a breach or
default whether upon lapse of time and/or the occurrence of any act or event or
otherwise or require any Approval under (1) the charter documents or by-laws of
Buyer, (2) any Law to which Buyer is subject (provided that appropriate
regulatory Approvals are received as contemplated by Section 3.4) or (3) any
material Contract to which Buyer is a party.

            (d) No Brokers or Finders. No agent, broker, finder or investment or
commercial banker, or other Person or firm engaged by or acting on behalf of
Buyer or its Affiliates in connection with the negotiation, execution or
performance of this Agreement or the transactions contemplated by this
Agreement, is or will be entitled to any broker's or finder's or similar fees or
other commissions as a result of this Agreement or such transactions.

            (e) Legal Proceedings. There is no Order or Action pending or to the
best knowledge of Buyer, threatened against Buyer that individually or when
aggregated with one or more other Orders or Actions has or might reasonably be
expected to have a material adverse effect on Buyer's ability to perform this
Agreement.

            2.2 Representations and Warranties by Seller Parties. Each of the
Seller Parties represents and warrants, jointly and severally, to Buyer, as of
the date hereof and as of the date of the execution and delivery of this
Agreement, as follows:

            (a) Organization, etc. Each Seller Entity that is a corporation is
duly organized, validly existing and in good standing under the Laws of its
state of incorporation. Each Seller Entity that is a limited liability company
is duly formed and validly existing under the laws of its state of formation.
Section 2.2(a) of the Seller Disclosure Schedule correctly sets forth each
jurisdiction in which each Seller Entity is qualified or licensed to do business
as a foreign Person. Each Seller Party that is a corporation has all necessary
corporate power and authority and each Seller Party that is a limited liability
company has all necessary power under applicable law, its certificate of
formation and operating agreement, in each case to own its properties and assets
and to carry on its businesses as now conducted and is duly qualified or
licensed to do business as a foreign corporation or foreign limited liability
company in good standing in all jurisdictions in which the character or the
location of the assets owned or leased by such Seller Party or the nature of the
business being conducted by such Seller Party requires licensing or
qualification, except where the failure to be so qualified or licensed is not
and will not be material to the Business. Each Seller Party has the necessary
power and authority to execute, deliver and perform this Agreement and
consummate the transactions contemplated hereby. Section 2.2(a) of the Seller
Disclosure Schedule correctly lists the current directors and executive officers
(or Persons performing similar functions) of each Seller Entity. True, correct
and complete copies of the charter documents of each Seller Party as in effect
on the date hereof have been delivered to Buyer. No Seller Party is a registered
or reporting company under the Exchange Act.

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                                       14
<PAGE>

            (b) Authorization. The execution, delivery and performance of this
Agreement by each Seller Entity and the Simmons Trust have been duly and validly
authorized by the board of directors, trustees, or the Person or Persons
performing similar functions, and the shareholders or members of each Seller
Entity and by all other necessary corporate or other action on the part of each
Seller Entity and such Seller Entity's shareholders or members. This Agreement
constitutes the legal, valid and binding obligation of each Seller Party,
enforceable against such Seller Entity in accordance with its terms, except as
such enforceability may be limited by bankruptcy, insolvency, reorganization,
moratorium and other similar Laws and equitable principles relating to or
limiting creditors' rights generally.

            (c) Non-Contravention. Except as set forth in Section 2.2(c)(i) of
the Seller Disclosure Schedule, the execution and delivery of this Agreement by
each Seller Party and the consummation of the transactions contemplated hereby
will not (i) violate the provisions of, or constitute a breach or default
whether upon lapse of time and/or the occurrence of any act or event or
otherwise under (A) the charter documents or by-laws of any Seller Party, (B)
any Law to which any Seller Party is subject (provided that all required
regulatory Approvals are received as contemplated by Section 3.4) or (C) any
Material Agreement or any material Contract of any Seller Party or to which any
of the Assets is subject or (ii) result in the imposition of any Encumbrance
against any of the Assets. Without limiting the generality of the foregoing,
pursuant to Article XVIII, paragraphs C and D, of the Mark Simmons Declaration
of Trust dated October 22, 2002, Simmons, as grantor and beneficiary of the
Simmons Trust, hereby approves the execution and delivery of this Agreement by
the Simmons Trust.

            (d) Consents, etc. As of the date of the execution and delivery of
this Agreement, each Seller Party has obtained all Permits, Orders and Approvals
of any Governmental Entity or any other Person necessary for the execution and
delivery of this Agreement and the consummation of the transactions contemplated
hereby. Section 2.2(d) of the Seller Disclosure Schedule lists all such Permits,
Orders and Approvals required to be obtained by Seller Parties in order to
execute and deliver this Agreement and consummate the transactions contemplated
hereunder.

            (e) Capital Stock and Securities.

                  (i) Section 2.2(e)(i) of the Seller Disclosure Schedule sets
forth the number and class of each of the authorized, issued and outstanding
shares of capital stock or other Equity Securities of each Seller Entity and a
list of the holders of all such Equity Securities of all classes. On the date of
the execution and delivery of this Agreement, all of such outstanding shares of
capital stock or other Equity Securities are validly issued, fully paid and
non-assessable, were issued in conformity with applicable Law, and are owned of
record and beneficially by the Persons listed on Section 2.2(e)(i) of the Seller
Disclosure Schedule, free and clear of any and all Encumbrances.

                  (ii) No Seller Party has any outstanding commitments to issue
or sell any Equity Securities, and no securities or obligations evidencing any
such right are outstanding. Except as set forth in Section 2.2(e)(ii) of the
Seller Disclosure Schedule, there are no outstanding obligations, written or
otherwise, of any shareholder of any Seller Party to repurchase, redeem or
otherwise acquire any Equity Securities. There are no preemptive rights

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                                       15
<PAGE>

in respect of any Equity Securities of any Seller Party. Any Equity Securities
which were issued and reacquired by any Seller Party were so reacquired (and, if
reissued, so reissued) in compliance with all applicable Laws, and no Seller
Party has any outstanding obligation or liability with respect thereto. Except
for the companies identified in Section 2.2(e)(iii) or as set forth in Section
2.2(e)(ii) of the Seller Disclosure Schedule, (A) Seller Entities have no
Subsidiaries, and no Seller Party holds any Equity Securities of any other
Person that owns or controls any of the Assets or through which such Seller
Party conducts any portion of the Business and (B) the Assets do not include any
Indebtedness or Equity Securities of any Person.

                  (iii) Since their respective dates of incorporation or
formation through the date hereof, neither LML Capital Corp. nor Lease Marketing
LLC (the "Dormant Companies") has conducted any business or incurred any
liabilities, and none of the Seller Parties has caused any of the Dormant
Companies to conduct any business or incur any liabilities. The Dormant
Companies do not own or lease any assets or properties of any kind whatsoever,
and Digerati Corp. does not own, lease or have any interest whatsoever in any of
the Assets or any asset or property of any kind used or useful in conducting the
Business.

            (f) Financial Statements.

                  (i) Seller Parties have heretofore delivered to Buyer the
      audited consolidated financial statements of each Seller Entity for each
      of the years ended December 31, 1999 through 2002, accompanied by the
      report of Kolnicki, Petterson and Worth LLP, independent accountants,
      thereon (collectively, the "Audited Financial Statements") together with
      unaudited consolidated financial statements of the Seller Entities as of
      and for the twelve-month period ended December 31, 2003 and as of and for
      the six-month period ended June 30, 2004, in each case including a balance
      sheet as of each such date and the related statements of income and
      retained earnings and cash flows for each of the respective periods then
      ended (collectively, the "Unaudited Financial Statements" and, together
      with the Audited Financial Statements, the "Financial Statements"). The
      Financial Statements include the assets, liabilities, results of
      operations and cash flows, if any, of LML Systems, Inc., which is wholly
      owned by Mark Simmons. Except as noted therein, and (a) except for the
      items which Section 3.12 requires to be restated in the Audited Financial
      Statements or adhered to when the Unaudited Financial Statements are
      audited, as the case may be, and (b) except that the Unaudited Financial
      Statements do not include footnote disclosures, as required by GAAP and
      are subject to normal year end adjustments (which will not be material,
      individually or in the aggregate) consistent with past practice, all of
      the Financial Statements (i) have been prepared from the books and records
      of the Seller Entities, and (ii) fairly present the financial condition,
      results of operations and cash flows of the Seller Entities as of the
      respective dates and for the respective periods thereof in accordance with
      GAAP consistently applied. Seller Entities have made available to Buyer
      copies of each management letter or other letter delivered to Seller
      Entities by their auditors in connection with such Financial Statements or
      relating to any review by its auditors of the internal controls of Seller
      Entities during the five-year period ended December 31, 2003, or
      thereafter. Since December 31, 2003, there has been no change in any of
      the significant accounting policies, practices or procedures of Seller
      Entities, except as disclosed in the Financial Statements. Seller Entities
      have no debts, liabilities or

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                                       16
<PAGE>

      obligations, whether accrued, absolute, contingent or otherwise, whether
      currently due or to become due, except those (A) set forth in the
      Financial Statements in the amounts set forth therein, (B) incurred since
      June 30, 2004 in the ordinary course of business consistent with past
      practice and in amounts that are not material, individually or in the
      aggregate, or (C) disclosed in Section 2.2(f)(i) of the Seller Disclosure
      Schedule.

                  (ii) The Seller Entities' accounts receivable shown in the
      Financial Statements and on the Preliminary Balance Sheet represent sales
      actually made or services actually rendered by Seller Entities in the
      ordinary course. The amount of such accounts receivable in the Financial
      Statements and on the Preliminary Balance Sheet reflects a reserve for
      uncollectible accounts which is adequate and was determined in accordance
      with GAAP and Seller Entities' past practices and collection experience.
      Such accounts receivable represent products and services furnished to
      customers of the Seller Entities on net 30 days payment terms and, to the
      knowledge of the Seller Parties, are collectible in the ordinary course of
      business, in the net amount shown in the Financial Statements and on the
      Preliminary Balance Sheet within thirty (30) days of the Effective Date.

                  (iii) Since December 31, 2002, (A) the Business has been
      conducted in the ordinary course consistent with past practice; and (B)
      there has not been (x) any change, event or circumstance which has had or
      would be reasonably expected to have a material adverse effect on any
      Seller Parties, the Business or the Assets, or (y) any material damage,
      destruction or other loss with respect to any Asset, whether or not
      covered by insurance.

                  (iv) The Preliminary Balance Sheet has been prepared from the
      Seller Entities' books and records of account and is a true and complete
      statement, in all material respects, of those assets and liabilities of
      Seller Entities included therein.

            (g) Government Authorizations and Compliance with Laws.

                  (i) Section 2.2(g)(i) of the Seller Disclosure Schedule
      contains a complete and accurate list of all material (including all
      federal and state) Permits held by Seller Parties which are the only such
      Permits necessary to carry on the Business and operate the Assets. Except
      as set forth in Section 2.2(g)(i) of the Seller Disclosure Schedule, all
      such Permits are fully assignable and will remain in full force and effect
      for the benefit of Buyer immediately after giving effect to the
      transactions contemplated hereby and no notice or additional filings must
      be made in connection therewith.

                  (ii) Except as set forth in Section 2.2(g)(ii) of the Seller
      Disclosure Schedule, the Business has been operated at all times and the
      Principals have acted with respect to the Seller Entities in compliance
      with all applicable Laws and Orders. Except as set forth in Section
      2.2(g)(ii) of the Seller Disclosure Schedule, for the last five (5) years
      no notice has been received by any Seller Party and no investigation or
      review is pending or, to the knowledge of any Seller Party, threatened by
      any Governmental Entity with respect to (A) any alleged violation by any
      Seller Party of any Law, or (B) any alleged failure to have any Permit
      required in connection with the

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                                       17
<PAGE>

      operation of the Business. Except as set forth in Section 2.2(g)(ii) of
      the Seller Disclosure Schedule, no Seller Party has conducted any internal
      investigation concerning any alleged violation of any Law applicable to
      Seller Parties or the Business (regardless of the outcome of such
      investigation) on the part of the Seller Parties or any of their
      Affiliates or any of their respective officers, directors, employees,
      agents or representatives.

            (h) Tax Matters. (i) all Returns required to be filed by Seller
Parties on or before the date of the execution and delivery of this Agreement
have or will have been timely filed, such Returns were true, correct and
complete and all Taxes, whether or not shown as due and payable on such Returns
have been or will be paid by Seller Parties when required by law; (ii) no
deficiencies or assessments for any Taxes have been asserted in writing or
assessed against Seller Parties that remain unpaid and that individually or in
the aggregate are material to the Business; (iii) Seller Parties have withheld
all required federal, state and local payroll taxes relating to the Business and
has remitted or will remit all amounts required to be remitted to the
appropriate taxing authorities; (iv) there are no Encumbrances upon any of the
Assets that arose in connection with any failure (or alleged failure) to pay or
withhold any Taxes; (v) there are no pending examinations or issues of which
Seller Parties have been notified in writing with respect to Taxes of Seller
Parties or any pending Tax litigation of Seller Parties; (vi) no claim has ever
been made by any taxing authority in a jurisdiction in which Parties do not file
Returns that any Seller Party is or may be subject to taxation by that
jurisdiction; and (vii) No Seller Party is a "foreign person" within the meaning
of Section 1445(b)(2) of the Code and each shall provide an appropriate
affidavit or certificate for purposes of Section 1445(b)(2) of the Code.

            (i) Title to and Condition of Properties; Absence of Liens and
Encumbrances, etc.; Sufficiency of Assets. (i) Section 1.1(b) of the Seller
Disclosure Schedule accurately and completely lists all fixtures and
improvements attached to the real property leasehold interest referred to in
Section 1.1(b) of this Agreement. Section 1.1(c) of the Seller Disclosure
Schedule sets forth a list that is accurate and complete in all material
respects of all machinery, equipment, apparatus, furniture and fixtures,
materials, supplies, motor vehicles, computer hardware, office equipment, other
equipment and other tangible assets used in the Business. Section 2.2(i) of the
Seller Disclosure Schedule designates any leasehold interests in real property
and includes an address for each such leasehold interest in real property used
in the Business. No Seller Party holds fee simple title to any real property
(except in the case of Principals' ownership of residential private property
that is not included in the Assets.) Each Seller Party has good and marketable
title (or valid leasehold interests in all properties held under lease) to all
its property and assets (real and personal, tangible and intangible), free and
clear of all Encumbrances, except for (i) Encumbrances consisting of liens for
Taxes not yet due or matters otherwise described in Section 2.2(i) of the Seller
Disclosure Schedule, and (ii) Encumbrances on assets and properties not material
to the Business and that do not interfere with the use of such Assets in the
Business, or (iii) Encumbrances on equipment leases and the related leased
equipment which have been factored by the Company pursuant to factoring
arrangements identified on Section 2.2(j) of the Seller Disclosure Schedule.
Each Seller Party has all rights, power and authority to sell, convey, assign,
transfer and deliver its Assets to Buyer in accordance with the terms of this
Agreement. Except for those properties or assets acquired since the date of the
Preliminary Balance Sheet, all properties and assets (real, personal and mixed,
tangible and intangible) used in the Business are reflected in the Preliminary
Balance

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                                       18
<PAGE>

Sheet or the Seller Disclosure Schedule. Such assets include all Permits or
other rights with respect to any of the foregoing. All Assets of Seller Parties
are in a good state of maintenance and repair (except for ordinary wear and
tear) and are adequate for the Business. All material leasehold properties held
by any Seller Party as lessee are held under valid, binding and enforceable
leases. There is no pending, or to the best knowledge of each Seller Party,
threatened Action that would materially interfere with the quiet enjoyment of
any such leasehold by any Seller Party or after the Effective Date by Buyer.

                  (ii) Sufficiency. The Assets, together with the Intellectual
      Property Rights to be acquired by Buyer pursuant to the Software Sale
      Agreement, constitute all of the tangible and intangible assets that are
      required to conduct the Business in a manner, and at levels of activity
      and productivity, consistent with the manner and levels at which such
      Business is currently conducted by Seller Parties and constitute all of
      the assets actually used by the Seller Parties in the conduct of the
      Business.

            (j) Material and Customer Agreements. (i) Section 2.2(j) of the
Seller Disclosure Schedule lists every Material Agreement to which any Seller
Party is a party or by which any Seller Party or any of the Seller Parties'
properties or assets (real, personal or mixed, tangible or intangible) is bound,
identified pursuant to the categories of Material Agreements listed below in
this Section 2.2(j). Unless otherwise so noted on Section 2.2(j) of the Seller
Disclosure Schedule, each such agreement was entered into in the ordinary course
of business. As used herein, the term "Material Agreement" shall mean any
Contract to which a Seller Entity is a party or by which a Seller Entity or any
of its properties or assets (real, personal or mixed, tangible or intangible) is
bound, or to which a Principal is a party or by which any of such Principal's
assets are bound if, in either such case, such Contract relates to the Business
or such assets are included in the Assets, which (a) obligates any party thereto
after the date hereof to make aggregate payments of more than $10,000, (b) has
an unexpired term as of the date hereof in excess of six (6) months, (c) is a
lease or other contract relating to rights in real property, (d) is a management
service, consulting or any other similar type contract, (e) is a license of
Intellectual Property, (f) contains any provision restricting the transfer of
any Asset or creating any other Encumbrance on any Asset, (g) constitutes a
factoring arrangement, provides for the extension of credit or is otherwise a
source of financing for the Business, (h) provides for a guaranty or indemnity
by a Seller Party, (i) grants a power of attorney, agency or similar authority
to another Person, (j) contains a right of first refusal, (k) contains a right
or obligation of or to any shareholder or any director, officer, Affiliate or
Associate of a Seller Party, (l) constitutes an employment agreement or a
collective bargaining agreement or provides for severance benefits to any
officer, director or employee, (m) involves a customer or group of related
customers whose business accounts for more than 1% of the Seller Entities'
collective revenues for calendar year 2003 or represents a Contract upon which
the Business is substantially dependent or which is otherwise material to the
Business, (n) contains any provision pursuant to which a Seller Party (or any
successor) will be obligated to make any payment or provide any benefit or
service to any Person as a result of the consummation of the transactions
contemplated hereby (either alone, upon the occurrence of an act or event, the
lapse of time or any combination thereof), or (o) was not made in the ordinary
course of business. No breach or default, alleged breach or default, or event
which would (with the passage of time, notice or both) constitute a breach or
default under any Material Agreement by a Seller Party or,

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<PAGE>

to the best knowledge of Seller Parties, any other party or obligor with respect
thereto, has occurred or, as a result of this Agreement, performance hereof or
consummation of the transactions contemplated hereby or otherwise, will occur.
Consummation of the transactions contemplated by this Agreement will not (and
will not give any Person a right to) terminate or modify any rights of, or
accelerate or augment any obligation of, a Seller Party under any Material
Agreement or result in the creation of any Encumbrances thereunder. Each
Material Agreement is valid and binding in accordance with its terms. There are
no agreements or options to sell or lease any of the properties or assets (real,
personal or mixed, tangible or intangible) of a Seller Party. The Seller Parties
have delivered to Buyer true and complete copies of each Material Agreement.
Section 2.2(j) of the Seller Disclosure Schedule also includes a true and
complete list of all currently effective Contracts constituting leases with the
Seller Entities' Dealer customers, and correctly sets forth the identity of each
such Dealer, the monthly payment under each such lease, whether the lease has
been factored, and the term of such lease. The term of each factored lease shown
on Section 2.2(j) of the Seller Disclosure Schedule is coterminous with or
exceeds the duration of the agreement under which such lease was factored. None
of the Backlog Contracts has been factored by any Seller Party. None of the
Transferred Contracts obligates any Seller Entity to provide any Person with
contractual terms as favorable as more favorable terms offered to any other
Person.

                  (ii) Except as set forth in Section 2.2(j)(ii) of the Seller
      Disclosure Schedule, no Seller Party is subject to or bound by any
      charter, by-law, Encumbrance, Permit, Contract, Order, or any other
      restriction of any kind or nature which contains a covenant not to compete
      binding on any Seller Party with respect to the Business or would
      otherwise restrict or limit (including as to manner or place) the ability
      of any Seller Party to conduct the Business, the ability of Buyer to
      conduct the Business after the Closing or the ability of any Principal to
      conduct or participate in the Business or Buyer's business after the
      Closing.

            (k) Principal Customers and Suppliers. Section 2.2(k) of the Seller
Disclosure Schedule lists the one hundred (100) largest customers and one
hundred (100) largest suppliers of the Business (based upon dollar volume of
business with Seller Entities during the twelve-month period ended December 31,
2003 (and, if different, the six-month period ended June 30, 2004) and the
volume of business with each such customer or supplier. Since June 30, 2004, no
customer or supplier has suspended, terminated or materially reduced its
business with any Seller Party, or, to the Knowledge of any Seller Party,
indicated its intent to suspend, terminate or materially reduce its business
with any Seller Party other than normal fluctuations in the ordinary course of
business.

            (l) Litigation. Except as set forth in Section 2.2(l) of the Seller
Disclosure Schedule, there is no Order or Action pending or, to the best
knowledge of the Seller Parties, threatened (A) against any Seller Party or any
of their properties or assets (real, personal or mixed, tangible or intangible),
(B) against any Principal with respect to his or her capacity as shareholder of
any Seller Party or (C) which seeks to prohibit, restrict or delay consummation
of the transactions contemplated by this Agreement or any of the conditions to
consummation of such transactions.

            (m) Employee Benefits.

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                  (i) Section 2.2(m)(i) of the Seller Disclosure Schedule lists
      (and identifies the sponsor of) each material "Employee Pension Benefit
      Plan," as that term is defined in Section 3(2) of ERISA, each material
      "Employee Welfare Benefit Plan," as that term is defined in Section 3(1)
      of ERISA (such plans being hereinafter referred to collectively as the
      "ERISA Plans"), and each other material retirement, pension,
      profit-sharing, money purchase, deferred compensation, incentive
      compensation, bonus, stock option, stock purchase, severance pay,
      unemployment benefit, vacation pay, savings, medical, dental,
      post-retirement medical, accident, disability, weekly income, salary
      continuation, health, life or other insurance, fringe benefit, or other
      employee benefit plan, program, agreement, or arrangement maintained or
      contributed to by Seller Entities or their Affiliates in respect of or for
      the benefit of any Rehired Employees, as of the date hereof (collectively,
      together with the ERISA Plans, referred to hereinafter as the "Plans").
      Except as disclosed in said Section 2.2(m)(i) of the Seller Disclosure
      Schedule, there are no employment, severance, termination or similar-type
      agreements between any Seller Party and its Affiliates and any Rehired
      Employee. Except as otherwise disclosed on Section 2.2(m)(i) of the Seller
      Disclosure Schedule, the execution and delivery of this Agreement by each
      Seller Party and the performance of this Agreement by each Seller Party
      will not directly result now or at any time in the future in the payment
      to any employee of any Seller Entity of any severance, termination, or
      similar-type payments or benefits being paid to any such Employee.

                  (ii) Each Seller Party has delivered to Buyer true and
      complete copies of all documents and summary plan descriptions with
      respect to the Plans or summary plan descriptions of any Plans not in
      writing.

                  (iii) Neither Buyer nor any of its Affiliates shall have any
      liability arising from or related to the Plans or any other employee
      benefit plans maintained or contributed to by any Seller Party or any
      entity that would be treated as a single employer with a Seller Party
      under Sections 414(b), (c) or (m) of the Code.

                  (iv) Except as set forth on Section 2.2(m)(iv) of the Seller
      Disclosure Schedule, none of the ERISA Plans is a "multiemployer Plan," as
      that term is defined in Section 3(37) of ERISA, and with respect to any
      such multiemployer plans (as so defined) listed in Section 2.2(m)(iv) of
      the Seller Disclosure Schedule, no Seller Party has made or incurred a
      "complete withdrawal" or a "partial withdrawal," as such terms are
      respectively defined in Sections 4203 and 4205 of ERISA that would result
      in the incurrence of a material liability by a Seller Party.

                  (v) None of the Rehired Employees are represented by a labor
      union or labor organization, and (ii) no Seller Party is subject to any
      collective bargaining agreement covering any Rehired Employee. There are
      currently no strikes, slowdowns, work stoppages or lockouts by or with
      respect to any Rehired Employee. To the best knowledge of Seller Parties,
      during the twelve (12) months preceding the date of this Agreement, there
      have not been any union organizational campaigns by or directed at Rehired
      Employees.

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            (n) Insurance. Seller Entities have, and at all times during the
past five (5) years, have had, insurance policies in full force and effect with
reputable insurers, providing for coverage which is reasonable for the Business
as to both amount and scope. Seller Entities' current insurance coverage is as
described in Section 2.2(n)(i) of the Seller Disclosure Schedule. No such
policies are subject to retroactive premium adjustments except as expressly
noted in Section 2.2(n) of the Seller Disclosure Schedule. No Seller Entity is
in default under any such policy or bond. Each Seller Entity has timely filed
claims with its insurers with respect to all material matters and occurrences
for which it believes it has coverage. No Seller Entity has received any notice
or other indication from any insurer or agent of any intent to cancel or not so
renew any insurance policy maintained by any Seller Entity. Section 2.2(n)(ii)
of Seller Disclosure Schedule describes Seller Entities' self-funded insurance
programs and excess claims insurance policies related to such programs. Except
as set forth on Section 2.2(n) of the Seller Disclosure Schedule, each Seller
Entity with a self-funded insurance program has, and at all times during the
past two (2) years has had, amounts of capital reserves for its self-funded
insurance programs that are adequate and satisfy all requirements set forth by
Law and appropriate excess insurance policies related to such self-funded
insurance programs.

            (o) Intellectual Property.

                  (i) Section 2.2 (o)(i) of the Seller Disclosure Schedule sets
      forth a complete and accurate list and description of (A) all items of
      Intellectual Property owned by or developed by, for the benefit of or on
      behalf of each Seller Party ("Intellectual Property Rights") and (B) all
      Intellectual Property licensed to each Seller Party (the "Licensed
      Rights"), including any such Licensed Rights that are licensed by any
      Seller Party or Parties to any other Seller Party or Parties, other than
      click-wrap, shrink-wrap and commercial off-the-shelf software purchased by
      or licensed to a Seller Party. Except for the copy of the source code for
      computer software comprising the Seller Parties' LeaseLink lease
      comparison tool (the "Pledged Source Code") deposited in a lockbox at US
      Bancorp under an agreement dated June 1, 2004 with US Bancorp Business
      Equipment Finance Group (the "US Bancorp Factoring Agreement"), and except
      as specifically set forth in Section 2.2(o)(i) of the Seller Disclosure
      Schedule, (1) Each Seller Party owns and has the full and exclusive right
      to use its Intellectual Property Rights and the Intellectual Property
      Rights are free of any Encumbrances, are not subject to any license
      (royalty-bearing or royalty-free) or any other arrangement requiring any
      payment to any Person or the obligation to grant rights to any Person
      (except for software licenses granted to customers of Seller Entities in
      the ordinary course of operation of the Business), (2) the Licensed Rights
      are free and clear of any Encumbrances, royalties or other obligations,
      (3) to the extent indicated in Section 2.2(o)(i) of the Seller Disclosure
      Schedule, the Intellectual Property Rights have been registered in, filed
      in or issued by the United States Patent and Trademark Office, the United
      States Copyright Office, a duly accredited domain name registrar, the
      appropriate offices in the various states of the United States or the
      appropriate office of other foreign jurisdictions, each such registration,
      filing and issuance remains in full force and effect and is not subject to
      any maintenance fees or Taxes or actions falling due within 90 days of the
      date of the execution and delivery of this Agreement (other than any such
      fees, Taxes or actions included in the Seller Entities' accounts payable
      as shown on the Preliminary Balance Sheet), and (4) the Intellectual
      Property Rights and the Licensed Rights included in the

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                                       22
<PAGE>

      Assets are all such rights necessary to conduct the Business as currently
      being conducted or currently proposed to be conducted. The validity of the
      Intellectual Property Rights and title thereto, and the validity of the
      Licensed Rights, (x) have not been questioned in any prior Action, (y) are
      not being questioned in any pending Action, and (z) to the best knowledge
      of each Seller Party, are not the subject of any threatened or proposed
      Action. No Seller Party has received any written notice from any third
      party challenging the rights of a Seller Party to use any of the
      Intellectual Property Rights.

                  (ii) Except as specifically set forth in Section 2.2(o)(ii) of
      the Seller Disclosure Schedule, the Intellectual Property Rights, the
      Licensed Rights and the Business, as now conducted, do not violate,
      conflict with, infringe upon, misuse or misappropriate and, to the best
      knowledge of each Seller Party, have not been alleged to conflict with,
      infringe upon, misuse or misappropriate any Intellectual Property of any
      third party. No Seller Party knows of any valid basis for any such
      allegations. The Intellectual Property Rights and Licensed Rights are
      fully assignable and the consummation of the transactions contemplated
      hereby will not result in the loss or impairment of any of the
      Intellectual Property Rights or any of the Licensed Rights. No Seller
      Party knows of any use by any third party of the Intellectual Property
      Rights or the Licensed Rights, except for software licenses granted to
      customers of Seller Entities in the ordinary course of operation of the
      Business.

                  (iii) Except as set forth in Section 2.2(o)(iii) of the Seller
      Disclosure Schedule, no Intellectual Property Rights have been cancelled,
      abandoned or otherwise terminated and all required renewal and maintenance
      fees in respect thereof have been paid. Except as set forth in Section
      2.2(o)(iii) of the Seller Disclosure Schedule, each Seller Party has the
      exclusive right to file, prosecute and maintain all applications and
      registrations listed (or required to be listed) for such Seller Party in
      Section 2.2(o)(i) of the Seller Disclosure Schedule.

                  (iv) Except as set forth in Section 2.2(o)(iv) of the Seller
      Disclosure Schedule, each Seller Party has obtained from all employees and
      consultants of such Seller Party who have contributed to the creation or
      development of Intellectual Property Rights developed by or on behalf of
      such Seller Party all written assignments required to be obtained to vest
      in the Seller Parties such Intellectual Property Rights to such employee
      and consultant contributions that such Seller Party does not already own
      by operation of Law. No employee or consultant to any Seller Party is a
      party to any Contract that restricts or limits in any way the scope or
      type of work in which such employee may be engaged or which such
      consultant may perform for the Company or requires such employee or
      consultant to transfer, assign or disclose any Intellectual Property Right
      he or she may develop or invent or disclose information concerning his or
      her work to any Person other than such Seller Party.

                  (v) Section 2.2(o)(v) of the Seller Disclosure Schedule sets
      forth all computer software programs, other than generally available
      off-the-shelf commercial software, that are material to the conduct of the
      Business. Except as set forth in Section

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                                       23
<PAGE>

      2.2(o)(v) of the Seller Disclosure Schedule, each Seller Party owns or
      possesses valid license rights to all of such programs. Except as listed
      in Section 2.2(o)(v) of the Seller Disclosure Schedule, there are no
      infringement Actions pending or, to the best knowledge of each Seller
      Party, threatened against any Seller Party with respect to any software
      owned or licensed by such Seller Party, and the transactions contemplated
      hereby will not result in the loss or impairment of any such ownership or
      license rights.

                  (vi) All products of the Business made, used or sold under
      patents and patent applications included in Seller Parties' Intellectual
      Property Rights, all products and materials of the Business containing a
      trademark, service mark, trade name or brand name included in Seller
      Parties' Intellectual Property Rights and all published or unpublished
      works encompassed by copyrights included in Seller Parties' Intellectual
      Property Rights have been marked with the proper patent notice, bear the
      proper federal trademark registration notice where permitted by law or a
      common-law trademark notice, or have been marked with a proper copyright
      notice, as the case may be.

                  (vii) The documentation relating to each Seller Party's trade
      secrets (including technical data, customer lists, designs, processes,
      procedure, technology, databases, data collectors, know how, source codes,
      schematics, algorithms and other proprietary information or confidential
      information or proprietary or confidential material of any type) is
      current, accurate, and sufficiently complete and detailed to identify and
      explain such trade secrets and allow their use in the Business. No Seller
      Parties have nor, to the knowledge of the Seller Parties has any other
      Person, used, divulged or appropriated such trade secrets either for the
      benefit of any Person (other than the Seller Parties) or to the detriment
      of a Seller Party, the Business, or the goodwill associated with any of
      them. The Seller Parties have taken all reasonable precautions to protect
      the secrecy, confidentiality and value of the Seller Parties' trade
      secrets including, without limitation, requiring that all of Seller
      Parties' employees and consultants with knowledge of or access to such
      trade secrets enter into appropriate confidentiality and non-disclosure
      agreements with such Seller Party. A copy of each Seller Party's standard
      form of confidentiality and non-disclosure agreement is included as
      Section 2.2(o)(vii) of the Seller Disclosure Schedule.

            (p) Minute Books. The minute books of the Seller Entities accurately
reflect all material actions and proceedings taken to date by the board of
directors (or the Person or Persons performing similar functions), shareholders,
members and committees of each Seller Entity, as applicable, and such minute
books contain true and complete copies of the charter documents of such Seller
Party and all related amendments. The stock or Equity Security record books of
each Seller Entity reflect accurately all transactions in its capital stock or
other Equity Security of all classes.

            (q) Environmental Matters.

                  (i) Except as set forth in Section 2.2(q) of the Seller
      Disclosure Schedule, (A) no Seller Entity has generated, used,
      transported, treated, stored, released or disposed of, or has suffered or
      permitted any other Person to generate, use, transport, treat, store,
      release or dispose of any Hazardous Substance in violation of any Laws;
      (B) there has not been any generation, use, transportation, treatment,
      storage,

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                                       24
<PAGE>

      release or disposal of any Hazardous Substance in connection with the
      conduct of the Business or the use of any property or facility of any
      Seller Entity or, to the best knowledge of Seller Parties, any nearby or
      adjacent properties or facilities, which has created or might reasonably
      be expected to create any liability under any Laws or which would require
      reporting to or notification of any Governmental Entity; (C) no asbestos
      or polychlorinated biphenyl or underground storage tank is contained in or
      located at any facility of Seller Entities; and (D) any Hazardous
      Substance handled or dealt with in any way in connection with the Business
      has been and is being handled or dealt with in all respects in compliance
      with applicable Laws.

                  (ii) No Seller Party has (A) received notice that it is a
      potentially responsible party for a federal or state environmental cleanup
      site or for corrective action under CERCLA or any other applicable Law;
      (B) submitted or been required to submit any notice pursuant to Section
      103(c) of CERCLA; (C) received any written request for information in
      connection with any federal or state environmental cleanup site; or (D)
      been required to undertake any prospective or remedial action or clean-up
      action of any kind at the request of any Governmental Entity, or at the
      request of any other Person relating to any applicable environmental Law.

                  (iii) The Business has been and is being conducted in material
      compliance with all applicable federal, state and local environmental
      Laws.

            (r) Certain Interests. (i) Except as set forth in Section 2.2(r) of
the Seller Disclosure Schedule, no Affiliate of any Seller Party, no officer or
director of any Seller Party, and no Associate of any thereof, has any material
interest in any of the Assets, the Assumed Liabilities or any property used in
or pertaining to the Business; no such Person is indebted or otherwise obligated
to any Seller Party; no Seller Party is indebted or otherwise obligated to any
such Person, except for amounts due under normal arrangements applicable to all
employees generally as to salary or reimbursement of ordinary business expenses
not unusual in amount or significance. The consummation of the transactions
contemplated by this Agreement will not (either alone, or upon the occurrence of
any act or event, or with the lapse of time, or both) result in any benefit or
payment (severance or other) arising or becoming due from any Seller Party or
any of its Affiliates (including Buyer or any of its Affiliates) or the
successor or assign of any thereof to any Person (including any Seller Party,
any Affiliate of any Seller Party or any Associate of any thereof).

                  (ii) Except as set forth in Section 2.2(r)(ii) of the Seller
      Disclosure Schedule, no officer, director, Associate or Affiliate of any
      Seller Party either (A) is, (B) directly or indirectly, has a financial
      interest in, or (C) is a director, officer or employee of, any Person
      which is a client of, supplier to, customer of or competitor or potential
      competitor of any Seller Party.

            (s) Intercompany Transactions. Except as set forth in Section 2.2(s)
of the Seller Disclosure Schedule, Seller Parties have not engaged in any
transaction with any other Seller Party, any Affiliate of any Seller Party or
any Associate of any thereof. No Seller Party has any liabilities or obligations
to any other Seller Party, any other Affiliate of any Seller Party

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                                       25
<PAGE>

or any Associate of any thereof and none of the Seller Parties, such Affiliates
or any Associate of any thereof has any obligations to any other Seller Party.

            (t) No Brokers or Finders. No investment banker, broker or finder is
entitled to any financial advisory, brokerage or finder's fee or other similar
payment from any Seller Party based on agreements, arrangements or undertakings
made by them or any Seller Party directors, officers or employees in connection
with the transactions contemplated hereby.

            (u) Accuracy of Information. None of the information supplied or to
be supplied by or on behalf of any Seller Party (a) to any Person for inclusion
in any document or application filed with any Governmental Entity having
jurisdiction over or in connection with the transactions contemplated by this
Agreement or (b) except for any preliminary customer list delivered prior to the
delivery of the final Seller Disclosure Schedule, to Buyer, its agents or
representatives in connection with the Business, the Assets, the Excluded
Assets, the Assumed Liabilities, the Excluded Liabilities, this Agreement, the
transactions contemplated by this Agreement or the negotiations leading up to
this Agreement (including information supplied in connection with the
negotiation, execution and delivery of the letter of intent dated June 1, 2004),
contains or will contain any untrue statement of a material fact, or omits to
state any material fact required to be stated therein or necessary in order to
make the statements therein, in light of the circumstances under which they were
made, not misleading. If any of such information at any time subsequent to
delivery and prior to Closing becomes untrue or misleading in any material
respect, the Seller Parties will promptly notify Buyer in writing of such fact
and the reason for such change. All documents required to be filed by any Seller
Party with any Governmental Entity in connection with this Agreement or the
transactions contemplated by this Agreement will comply in all material respects
with the provisions of applicable Law.

            (v) Accounting Internal Controls. Seller Entities have records that
reflect their material transactions since June 30, 1998, and maintain internal
accounting controls sufficient to provide reasonable assurance that (i)
transactions are executed in accordance with management's general or specific
authorization,(ii) transactions are recorded as necessary in conformity with
GAAP so as to maintain accountability for assets, (iii) access to assets is
permitted only in accordance with Seller Entities' managements' general or
special authorization, and (iv) the recorded accountability for assets is
compared with the existing assets at reasonable intervals and appropriate action
is taken with respect to any differences. Such records, to the extent they
contain important information that is not easily and readily available
elsewhere, have been duplicated and, to the knowledge of the Seller Parties,
such duplicates are stored pursuant to procedures and techniques utilized by
companies of comparable size in similar lines of business.

            (w) Adequate Capital. After giving effect to the transactions
contemplated hereby, including (i) Buyer's assumption of the Assumed
Liabilities, (ii) utilization of the Consideration in accordance with Section
1.6 (including any such utilization which effects a reduction in certain
payments by Buyer as permitted by Section 1.6(d) hereof), each Seller Party has
both the intent and capacity to discharge all of its current and anticipated
obligations.

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<PAGE>

                                  ARTICLE III
                       ADDITIONAL COVENANTS AND AGREEMENTS

            3.1 Expenses. Each party hereto shall pay all of its own fees, costs
and expenses (including, without limitation, those of advisors, financial
advisors, lawyers or accountants) incurred by it in connection with the
negotiation, preparation, execution, delivery and performance of this Agreement
and the transactions contemplated hereby.

            3.2 Negotiations with Others. Seller Parties acknowledge that Buyer
has expended and will continue to expend significant resources and incur
significant expenses in connection with the transactions contemplated by this
Agreement, including, without limitation, fees and expenses of accountants,
attorneys and other professional advisors incurred in conducting or assisting
Buyer's conducting its due diligence examination of the Seller Parties and the
Assets and in preparing this Agreement and the Exhibits hereto, travel expenses
of Buyer's personnel and compensation expense and general and administrative
expense reflecting the participation of Buyer's personnel in such transactions.
In consideration of Buyer's willingness to expend such resources and incur such
expenses, each of the Seller Parties hereby agrees that none of them and none of
the Seller Entities' respective shareholders, affiliates, directors, officers,
employees, advisors, agents or representatives (collectively, the "Seller
Representatives") shall directly or indirectly encourage, solicit, initiate or
participate in discussions or negotiations with, respond favorably to a proposal
by, provide any confidential information to, or reach any agreement (definitive
or otherwise) with, any person (other than Buyer) concerning any (a) merger with
any Seller Entity, (b) sale, transfer or other disposition of the assets to be
acquired, any other assets of any Seller Party or any material part thereof, (c)
sale, transfer or other disposition of any stock or membership interests of any
Seller Entity or (d) any similar transaction involving any Seller Party or the
Assets. Without limiting the foregoing each of the Seller Parties hereby
represent and warrant that there are no pending discussions, negotiations or
other activities described in the immediately preceding sentence on the date
hereof, and that any such discussions, negotiations or other activities that
were pending or occurred on or prior to the date of the Letter of Intent dated
June 1, 2004 were terminated on that date of such Letter of Intent. The Seller
Parties will promptly communicate to Buyer the terms of any proposal or inquiry
it may receive from any person other than Buyer in respect of any such
transaction. In the event of any breach of the terms of this Section 3.2, Buyer
shall be entitled to terminate this Agreement immediately. Seller Parties
further acknowledge that in addition to the expenses to be incurred by Buyer, as
described in this Section 3.2, any violation of this Section 3.2 would result in
Buyer's incurrence of significant lost opportunity costs which are incapable of
precise measurement but which would cause significant and long-term harm and
damage to the Buyer. Accordingly, in the event that any Seller Party breaches
this Section 3.2, the Seller Parties will pay the Buyer the sum of $2,000,000.
The Seller Parties will be jointly and severally responsible for such amount.
Buyer acknowledges that one or more of the Principals has acquired the Equity
Securities of Lease Marketing, Ltd. previously owned by James Plankey and that
such acquisition was not subject to or prohibited by this Section.

            3.3 Publicity. No party hereto shall issue any press release or
other public statement, with respect to the existence of this Agreement or the
transactions contemplated hereby, except as may be required by Law, as consented
to by the other parties or, in the case of Buyer, in the ordinary cause of its
business.

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<PAGE>

            3.4 Additional Agreements; Approvals; Consents. Upon the terms and
subject to the conditions set forth in this Agreement, each of the parties
agrees to use commercially reasonable efforts to take, or cause to be taken, all
actions, and to do, or cause to be done, and to assist and cooperate with the
other parties in doing, all things necessary, proper or advisable to confirm and
further the effectiveness of, in the most expeditious manner practicable, the
transfer of the Assets to the Buyer and the other transactions contemplated by
this Agreement. The actions contemplated by this Section 3.4 shall include, but
are not limited to: (i) the procurement of any Approvals from all Governmental
Entities and the making of any necessary registrations and filings (including
filings with Governmental Entities) not procured or made prior to the Closing
and the taking of all reasonable steps as may be necessary to obtain an Approval
from, or to avoid an action or proceeding by, any Governmental Entity, (ii) the
procurement of all necessary Approvals from factors and other third parties, and
(iii) the execution and delivery of any additional instruments (including
additional instruments conveying or assigning the Assets) necessary to
consummate the transactions contemplated by this Agreement. To the extent that
any Approval of a third party with respect to any Contract or Permit required in
connection with the transactions contemplated by this Agreement was not obtained
prior to the Closing, each Seller Party shall cooperate with Buyer to obtain
such Approval or, if such approval cannot be obtained, to use commercially
reasonable efforts to secure for Buyer the benefits of such Contract or Permit.

            3.5 Tax Matters; Tax Returns.

            (a) From and after the date of the execution and delivery of this
Agreement, to the extent reasonably requested by any party hereto, each party
hereto shall, and shall cause their respective Affiliates to, (i) cooperate
fully in the preparation of any Tax Return, (ii) provide, or cause to be
provided, any records and other information requested by such parties in
connection therewith, as well as access to, and the cooperation of, the auditors
of such party, at the sole cost and expense of the party making such request,
and (iii) cooperate fully in connection with any Tax investigation, audit or
other proceeding. Any information obtained pursuant to this Section 3.5 or
pursuant to any other Section hereof providing for the sharing of information or
the review of any Tax Return or other schedule relating to Taxes shall be
subject to Section 7.3.

            (b) Seller Entities shall prepare, or cause to be prepared, all Tax
Returns relating to Taxes imposed with respect to the Business for the taxable
periods, or portions thereof, beginning before and ending before or on the
Effective Date. Seller Entities shall file, or cause to be filed, when due
(subject to permissible extensions) all such Tax Returns which a Seller Party or
any of its Affiliates is required or permitted by law or administrative practice
to file. Buyer shall prepare, or cause to be prepared, and file or cause to be
filed, when due (subject to permissible extensions) all other Tax returns with
respect to the Business due to be filed after the Effective Date.

            (c) Buyer shall prepare and provide Seller Parties with a schedule
(the Allocation Schedule"), which allocates the value of the Consideration
delivered to Seller Parties, including Buyer's assumption of the Assumed
Liabilities among the Seller Parties and to the Assets in accordance with the
fair market value of the Assets and the Assumed Liabilities in accordance with
Section 1060 of the Code, not later than 30 days prior to the extended due date

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                                       28
<PAGE>

of the Tax returns to which IRS Form 8594 must be attached. Seller Parties and
Buyer shall negotiate in good faith to reconcile any disagreements relating to
the Allocation Schedule. If Seller Parties and Buyer cannot agree on a mutually
acceptable determination, allocation or determination and allocation of the
Purchase Price, Buyer and Seller Parties shall each determine, allocate or
determine and allocate, as the case may be, the Purchase Price in the manner it
considers appropriate. Buyer and Seller Parties each agree to prepare and file
an IRS Form 8594 in a timely fashion in accordance with the rules under Section
1060 of the Code. Any determination, allocation or determination and allocation
of the Consideration among the Seller Parties and to the Assets in accordance
with the fair market value of the Assets and the Assumed Liabilities agreed upon
by Buyer and Seller Parties pursuant to the second sentence of this subsection
shall be binding on Buyer and Seller Parties for all Tax reporting purposes.

            (d) Other than Taxes the responsibility of which is governed by
clause (f) below, Seller Parties shall be responsible for (and shall indemnify
and hold Buyer harmless against) any and all claims for Taxes due in respect of
the Assets for any taxable period (or portion thereof) ending on or before the
Effective Date and Buyer shall be responsible for (and shall indemnify and hold
the Seller Parties harmless against) any and all claims for Taxes (the basis of
taxation for which is measured as of or day following the Effective Date) due in
respect of the Assets for any taxable period (or portion thereof) beginning
after the Effective Date.

            (e) Other than Taxes the responsibility of which is governed by
clause (f) below, for taxable years that begin before, and end after the
Effective Date (all such periods of time being hereinafter called "Proration
Periods"), any real and personal property taxes, ad valorem taxes, and other
similar taxes that are imposed on a periodic basis (as opposed to a net income
basis) (collectively, "Periodic Taxes") with respect to the Assets shall be
apportioned between Seller Parties and Buyer as of the Effective Date, with
Buyer bearing only the expense thereof in the proportion that the number of days
remaining in the applicable Proration Period after the Effective Date bears to
the total number of days covered by such Proration Period.

            (f) Seller Parties shall be responsible for and shall pay all
personal property transfer Taxes, if any, and all sales, use and similar Taxes,
if any, imposed on or in connection with the operation prior to the Effective
Date and the purchase, sale or transfer of the Assets to Buyer and the
assumption of the Assumed Liabilities by Buyer pursuant to this Agreement.

            3.6 Accounts Receivable. From and after the Effective Date, Seller
Entities shall, and the Principals shall cause the Seller Entities to, promptly
forward to Buyer, in the exact form received, any checks, other payments,
documents or other materials received by such Seller Party but included in the
Assets (including, without limitation, checks and other payments in respect of
accounts receivable included in the Assets). At Buyer's expense, Seller Entities
shall also assist Buyer in the collection of the accounts receivable included in
the Assets by way of consultation reasonably required by Buyer and issuance of
written notice to each of the obligors on such accounts receivable of the
Buyer's purchase of the Assets, accompanied by instructions to such obligors to
deliver payments on such accounts receivable to Buyer or as Buyer may direct.

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            3.7 Notification of Certain Matters. Seller Parties shall give
prompt notice to Buyer, and Buyer shall give prompt notice to Seller Parties,
after becoming aware of (i) the occurrence, or failure to occur, of any event
that would be likely to cause any representation or warranty contained in this
Agreement to be untrue or inaccurate in any material respect as of the date of
the execution and delivery of this Agreement and (ii) any failure of Buyer or
any Seller Party, as the case may be, to comply with or satisfy, in any material
respect, any covenant, condition or agreement to be complied with or satisfied
by it under this Agreement. No such notification shall affect the
representations or warranties of the parties or the conditions to their
respective obligations hereunder. The notification obligations of each party set
forth in this Section 3.7 shall expire concurrently with the expiration of such
party's indemnification obligations set forth in Section 6.2 herein. Seller
Parties shall also give prompt notice to Buyer of any of the following of which
they become aware after the Effective Date: (x) any claim made by, or Action
threatened or commenced against a Seller Party, including, without limitation,
by any former customer of any Seller Entity relating to the failure or alleged
failure of such customer to receive service under such customer's lease, or (y)
any notice of non-payment given by a factor.

            3.8 Selling Entity and Product Names. Each Seller Entity that uses
"LML," "Lease Marketing," "Wizard," "Lease," "Superior," "Track," "Sales Desk"
(the "Seller Product Names") or any similar words or phrases in its name, shall
deliver at Closing the documents or instruments required to be filed with any
Governmental Entity or other Person to change its current name to a name that
does not contain any of such initials, words or phrases and to file any such
instruments or documents such that the name change shall be effective on the
Effective Date. The Seller Entities shall also take any actions necessary to
effect such name changes in any of their Affiliates or Subsidiaries not party to
this Agreement, as requested by Buyer (including without limitation entities in
which a Principal holds an ownership interest). Such new names shall not be
similar to, conflict with or otherwise interfere with Buyer's ability to use
Seller Entities' current names after the Closing, and shall not be similar to or
likely to be confused with any corporate name or trade name previously used by
any Seller Party or by Buyer or its Affiliates or with the name of any product
or service offered by the Business, Buyer or its Affiliates. Seller Entities
shall also deliver at Closing any necessary documents to transfer or surrender
any assumed name ("d/b/a") registrations of any Seller Party in any state as of
the date hereof to Buyer, as requested by Buyer and shall otherwise cooperate
with Buyer and its Affiliates to allow them to file or register the use of and
use the entity names and assumed names of the Seller Entities. After the
Closing, Seller Parties shall not, and shall cause their Affiliates and
Subsidiaries not to, sell, distribute or deal in any product or service bearing
a name that consists of or includes any Seller Product Name or any similar words
or phrases.

            3.9 Maintenance of Corporate Existence. Seller Entities shall
maintain, and the Principals shall cause the Seller Entities to maintain and
keep in full force and effect the corporate or other entity existence, rights,
licenses and franchises of each Seller Entity (other than Permits and Approvals
transferred to Buyer as part of the Assets) and to comply with all applicable
Laws and Orders and their respective organizational documents, in each case
until the expiration or termination of all Contracts that have been factored by
any Seller Entity.

            3.10 Covenant Not to Sue. Each Seller Party, for itself and its
heirs, executors, legal representatives, administrators, successors and assigns,
hereby irrevocably

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                                       30
<PAGE>

covenants that such Selling Party will never (a) sue or bring any Action against
Buyer or any of its Affiliates in their capacities as subcontractors under any
Contract factored by a Seller Party prior to the date of the execution and
delivery of this Agreement, or in any other capacity in which Buyer or any such
Affiliate may from time to time agree or undertake to perform the obligations of
any Seller Party under any such Contract (a "Subcontracted Service Obligation"),
(b) voluntarily commence, voluntarily join in or voluntarily participate as an
adverse party in any Action against Buyer or any of its Affiliates in which any
Person is attempting, directly or indirectly, to assert or make or claim in
respect of, a Subcontracted Service Obligation, or (c) raise any Subcontracted
Service Obligation as a defense or bring a counterclaim or cross-claim against
Buyer or any of its Affiliates asserting, directly or indirectly, any
Subcontracted Service Obligation, in any Action. Each Selling Party, for itself
and its heirs, executors, legal representatives, administrators, successors and
assigns, agrees for such Selling Party that the covenant contained in this
Section 3.10 may be interposed as a complete defense and bar to any Action that
may be brought, instituted or prosecuted by such Selling Party, or its heirs,
executors, legal representatives, administrators, successors and assigns,
against the Buyer or any of its Affiliates, concerning a Subcontracted Service
Obligation. Nothing in this Section 3.10 shall be construed so as to limit the
right of any third party to bring an Action against Buyer.

            3.11 Audit Assistance. From and after the date of the execution and
delivery of this Agreement, to the extent reasonably requested by Buyer in
connection with (a) any audit of Buyer's consolidated financial statements (b)
any separate presentation to be prepared by Buyer of the financial statements of
the Business (including, without limitation, any such separate presentation of
the Business as a "significant subsidiary" or a "business acquired" within the
meaning of the accounting rules of the Securities and Exchange Commission), or
(c) any presentation to be prepared by Buyer of the pro forma effects of Buyer's
acquisition of the Business, the Seller Parties shall, and shall cause their
Affiliates and auditors to, (i) cooperate fully in the preparation of any such
financial statements or pro forma presentation, and (ii) provide, or cause to be
provided, any records and other information requested by Buyer in connection
therewith, as well as access to, and the cooperation of, the auditors and audit
work papers relating to the Seller Parties, at the cost and expense of the
Buyer.

            3.12 Audited and Restated Financial Statements. Not later than
ninety (90) days following July 31, 2004, the Seller Parties shall deliver to
Buyer audited consolidated financial statements of the Seller Entities for the
years ended December 31, 2003 and 2002 and the period from January 1, 2004 to
July 31, 2004, together with the report of Kolnicki, Petterson and Worth LLP,
independent accountants, in each case including a balance sheet as of each such
date and the related statements of income and retained earnings and cash flows
for the period then ended (the "2002-2004 Financial Statements." The 2002-2004
Financial Statements shall include the assets, liabilities, results of
operations and cash flows, if any, of LML Systems, Inc. as of and for all years
or periods presented, shall be true and correct in all material respects and
shall fairly present the financial condition, results of operations and cash
flows of the Seller Entities as of December 31, 2002 and 2003 and as of July 31,
2004 and for the years or period then ended in accordance with GAAP consistently
applied and (i) in the case of the financial statements as of and for the year
ended December 31, 2002 shall be restated, and (ii) in the case of the financial
statements as of and for the year ended December 31, 2003 and as of and for the
period ended on July 31, 2004, shall be prepared in conformity with, the
following accounting principles:

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<PAGE>

            (a) Contract revenues shall be recognized on a straight line basis
over the life of the relevant Contract;

            (b) The cost of equipment leased to customers shall be capitalized
and depreciated over the life of the related Contract;

            (c) Costs of purchasing Contracts with competitors shall be
capitalized and amortized over the life of the Contract with a Seller Entity
that replaces the competitor Contract;

            (d) expenditures for repurchases of Contracts with a Seller Entity
shall be reported under "Other income (expense)";

            (e) Contract set-up costs shall be capitalized and amortized over
the life of the related Contract; and

            (f) factoring costs shall be recorded as financing costs under other
income(expense);

provided, however, that such restatement shall not constitute grounds for Buyer
to assert that the Seller Parties' representations and warranties in Section
2.2(f)(i) were inaccurate in any material respect. The costs of preparing and
auditing the 2002-2004 Financial Statement shall be borne 50% by the Seller
Parties and 50% by the Buyer.

                                   ARTICLE IV
                            CONDITIONS TO THE CLOSING

            4.1 Conditions to the Closing Relating to Buyer. Buyer's obligation
to consummate the transactions contemplated hereby is subject to the fulfillment
prior to or at the date of the execution and delivery of this Agreement, of each
of the following conditions:

            (a) Regulatory Consents, Authorizations, etc. All consents,
authorizations, Orders and Approvals of, and filings and registrations with any
Governmental Entity or any other Person which are required for or in connection
with the execution and delivery of this Agreement and the consummation by each
party hereto of the transactions contemplated hereby, shall have been obtained
or made, any applicable waiting period under the Hart-Scott-Rodino Act shall
have expired or been terminated, and any applicable notice period after delivery
of any notice required by the Federal Worker Adjustment Retraining and
Notification Act and any applicable similar statute of any state shall have been
satisfied.

            (b) Representations and Warranties. [Intentionally omitted]

            (c) Litigation; Other Events. No Law shall have been enacted,
entered, issued, promulgated or enforced by any Governmental Entity, nor shall
any Action be pending or threatened, which prohibits or restricts or, (if
successful) would prohibit or restrict, the transactions contemplated by this
Agreement or would not permit the Business as presently conducted to continue
unimpaired following the Effective Date.

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<PAGE>

            (d) Certificate. [Intentionally omitted]

            (e) Deliveries. The deliveries referred to in Section 1.9(a) shall
have been made.

            (f) Legal Opinions. Buyer shall have received legal opinion of
Semanoff, Ormsby, Greenberg & Torchia, LLC, counsel to the Seller Parties in
form and substance substantially as set forth on Exhibit C hereto. In rendering
such opinion, such counsel may rely, as to matters of Illinois Law, on the
opinion of Dinverno & Foltz, LLP.

            (g) Consulting Agreements. Simmons shall have executed and delivered
to Buyer a consulting agreement in substantially the form annexed as Exhibit D-1
hereto and Dillon shall have executed and delivered to Buyer a consulting
agreement in substantially the form annexed as Exhibit D-2 hereto.

            (h) Software Closing. The Pledged Source Code (and all media,
manuals and other materials relating thereto) shall have been removed from the
lock box referred to in the U.S. Bancorp Factoring Agreement, Simmons, Simmons
Trust and Lease Marketing Ltd. shall have executed and delivered to Buyer the
Software Sale Agreement, and the closing under such agreement shall occur
simultaneously with the Closing hereunder.

            (i) Due Diligence. Buyer and its Affiliates shall have completed
their due diligence examination of the Assets, the Business and the Selling
Parties to the satisfaction of Buyer and its Affiliates.

            4.2 Conditions to the Closing Related to Seller Parties. The Seller
Parties' obligation to consummate the transactions contemplated hereby is
subject to the fulfillment, prior to or at the date of the execution and
delivery of this Agreement, of each of the following conditions:

            (a) Regulatory Consents, Authorizations, etc. All consents,
authorizations, Orders and Approvals of, and filings and registrations with any
Governmental Entity or any other Person which are required for or in connection
with the execution and delivery of this Agreement and the consummation by each
party hereto of the transactions contemplated hereby, shall have been obtained
or made, and any applicable waiting period under the Hart-Scott-Rodino Act shall
have expired or been terminated.

            (b) Representations and Warranties. [Intentionally omitted]

            (c) Litigation; Other Events. No Law shall have been enacted,
entered, issued, promulgated or enforced by any Governmental Entity, nor shall
any Action be pending or threatened at what would otherwise be the date of the
execution and delivery of this Agreement, which prohibits or restricts or would
(if successful) prohibit or restrict the transactions contemplated by this
Agreement.

            (d) Certificate. [Intentionally omitted]

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<PAGE>

            (e) Legal Opinions. The Seller Parties shall have received legal
opinion of O'Melveny & Myers LLP, counsel to Buyer in form and substance
substantially as set forth on Exhibit G hereto

            (f) Deliveries. The deliveries referred to in Section 1.9(b) shall
have been made.

            (g) Consulting Agreement. Buyer shall have executed and delivered to
Simmons a consulting agreement in substantially the form annexed as Exhibit D
hereto.

            (h) Software Closing. Buyer shall have executed and delivered to
Simmons, Simmons Trust, Lease Marketing Limited the Software Sale Agreement, and
the closing under such agreement shall occur simultaneously with the Closing
hereunder.

                                   ARTICLE V
                            [INTENTIONALLY DELETED.]

                                   ARTICLE VI
                                    INDEMNITY

            6.1 Survival of Representations and Warranties Indemnity. The
representations and warranties by Seller Parties set forth in Section 2.2 hereof
shall survive until the fourth anniversary of the Effective Date, except that
(a) the representations and warranties contained in Section 2.2(h) shall expire
60 days following the expiration of the relevant statute of limitations, (b) the
representations and warranties contained in Sections 2.2(i), 2.2(t) and 2.2(w)
(such sections, together with Section 2.2(h), the "Excluded Sections") shall
survive indefinitely, and (c) if a claim or notice is given under Section 6.2
with respect to any representation or warranty prior to the applicable
expiration date, such representation or warranty shall continue indefinitely
until such claim is finally resolved. A claim with respect to a breach of a
representation and warranty may be brought only during the survival period for
such representation and warranty. A claim for indemnity for breach of covenant
or any claim under Section 6.2(a)(ii) shall survive indefinitely until such
covenant is fully performed and any Losses sustained, suffered or incurred by
Buyer arising out of or relating to such breach have been fully indemnified.

            6.2 Indemnification by Seller Parties.

            (a) The Seller Parties, jointly and severally, agree to indemnify
and hold harmless Buyer, its Affiliates and their respective directors,
officers, employees and Affiliates ("Buyer Indemnified Parties") from and
against any and all Losses that may be sustained, suffered or incurred by Buyer,
its Affiliates or any other Buyer Indemnified Party arising out of or relating
to (i) any inaccuracy in or breach of any of the representations and warranties
contained in this Agreement, (ii) any breach or nonperformance of any covenants
or agreements made by Seller Parties in or pursuant to this Agreement, (iii) any
Excluded Liability, or (iv) any claim by any former owner of Equity Securities
of any Seller Entity arising out of or attributable to such person's purchase,
ownership or disposition of such Equity Securities. Subject to clause (b) below,
Buyer Indemnified Parties may bring a claim against any Seller Party for the
full amount of any Losses incurred by any Buyer Indemnified Parties in
connection with any

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                                       34
<PAGE>

indemnification claim hereunder and shall not be required to pursue such claim
against all Seller Parties or join all Seller Parties in any proceeding.

            (b) Except as provided in Section 6.2(c), the Seller Parties shall
not be liable for any claims under Section 6.2(a) arising out of a breach of
representation or warranty (other than the representations and warranties
contained in any Excluded Section) until the aggregate amount due in respect of
such claims and indemnification claims under the Software Sale Agreement exceeds
$25,000 (the "Threshold"). For avoidance of doubt, (i) Buyer's right to reduce
any payment due to any Seller Party or Parties on any anniversary of the
Effective Date by the Buyer Set-Off Amount for such Anniversary Date or by the
amount of any additional deposits into the Disbursement Account pursuant to
Section 1.6(d) shall be exercisable without regard to whether the indemnifiable
Losses of the Buyer Indemnified Parties hereunder and/or under the Software Sale
Agreement meet or exceed the Threshold, and any such payment and reductions
effected by Buyer shall not be included in indemnifiable Losses in determining
whether the Threshold has been met and (ii) indemnification claims by Buyer
pursuant to the Transition Services Agreement may be made without regard to
whether the amount of such claims equal or exceed the Threshold, and such claims
shall not be included in determining whether the Threshold has been met. If such
aggregate amount exceeds the Threshold, then the Seller Parties shall be liable
for the entire amount of such claims and not merely the amount exceeding the
Threshold. All claims shall be measured net of any insurance recoveries received
by Buyer in respect of such claim. Notwithstanding anything in this Article VI
to the contrary, the Seller Parties' aggregate liability under this Section 6.2
and Section 4.3 of the Software Sale Agreement shall not exceed the
Consideration, except that Karen Dillon's aggregate liability under this Section
6.2 shall not exceed the Purchase Price.

            (c) For purposes of determining Buyer's Losses arising out of or
attributable to the inaccuracy or breach of the Seller Parties representations
and warranties contained herein, Buyer's Losses attributable to each Transferred
Contract (other than Backlog Contracts) listed on Section 1.1(d) of the Seller
Disclosure Schedule as a currently active license or lease that is either (i)
not an executed and installed license or lease for its specified term, or (ii)
the terms of which are not accurately described in such schedule shall be
calculated as follows: (A) For Transferred Contracts that were listed on Section
1.1(d) of the Seller Disclosure Schedule that are no longer in effect and should
not have been so listed, Buyer's Losses shall equal the product of the monthly
payment shown as due under such listed Contract times the number of months shown
as remaining in its term, and (B) for Transferred Contracts listed on Section
1.1(d) of the Seller Disclosure Schedule that are in effect, but for which the
actual terms vary adversely from the terms set forth on Section 1.1(d) of the
Seller Disclosure Schedule, an amount equal to the difference between (x) the
total of payments remaining under that lease or license as set forth in Section
1.1(d) of the Seller Disclosure Schedule and (y) the total of the payments
actually remaining under that Transferred Contract (each such amount being a
"Contract Balance"). The aggregate amount of Buyer's Losses determined in
accordance with the preceding sentence shall be reduced by the Contract Balance
due from each customer of the Seller Entities acquired by Buyer that is a party
to an executed and installed lease for its specified term that should have been
listed but was omitted from Schedule 1.1(d) (other than Backlog Contracts) or
for a Transferred Contract listed on Sectoin 1.1(d) of the Seller Disclosure
Schedule the terms of which are more favorable than those set forth on Section
1.1(d) of the Seller Disclosure Schedule. The net amount of Losses described in
this Section 6.2(c) shall be

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                                       35
<PAGE>

computed as of (i) the date for the disbursement to the Seller Parties specified
in Section 1.6(c) and (ii) the first through fourth anniversaries of the
Effective Date, and any disbursement to the Seller Parties or deposit or payment
by Buyer due on each such date shall be reduced by the Buyer's net Losses as of
such date, less the aggregate amount previously recovered by Buyer pursuant to
this Section 6.2(c), (but only if such amount is a positive number). The
disbursement or deposit reductions required by this Section 6.2(c) shall be
effected without regard whether the amount of the required reduction exceeds the
Threshold.

            6.3 Indemnification by Buyer. The representations and warranties of
Buyer set forth herein shall survive until the second anniversary of the
Effective Date, except that (a) the payment covenants contained in Sections 1.5,
1.6 and 1.7 (the "Buyer Excluded Covenants") shall survive until payment of the
amounts due thereunder (as such amounts may be reduced or set off pursuant to
this Agreement, and (b) if a claim or notice is given under this Section 6.3
with respect to any representation, warranty or Buyer Excluded Covenant prior to
the applicable expiration date, such representation, warranty or covenant shall
continue indefinitely until such claim is finally resolved. Buyer agrees to
indemnify the Seller Parties for any and all Losses sustained, suffered or
incurred by the Seller Parties arising out of or by reason of (i) any breach of
the Buyer's representations and warranties contained herein or the Buyer
Excluded Covenants, (ii) any Assumed Liability or (iii) any Action by a
third-party relating to a Subcontracted Service Obligation arising after the
Effective Date. Buyer shall not be liable for any claims under this Section 6.3
arising out of a breach of representation or warranty until the aggregate amount
due in respect of such claims exceeds the Threshold. If such aggregate amount
exceeds the Threshold, then Buyer shall be liable for the entire amount of such
claims and not merely the amount exceeding the Threshold. Notwithstanding the
foregoing, (x) claims by the Seller Parties that Buyer has failed to make any
payment to or on behalf of the Seller Parties required by the Buyer Excluded
Covenants may be asserted against Buyer without regard to whether the
indemnifiable Losses of the Seller Parties equal or exceed the Threshold and
shall not be included in indemnifiable Losses in determining whether the
Threshold has been met, and (y) indemnification claims by the Seller Parties
pursuant to the Transition Services Agreement may be made without regard to
whether the amount of such claims equal or exceed the threshold, and such claims
shall not be included in determining whether the Threshold has been met. Except
as provided in clause (iii) of this Section 6.3 with respect to third-party
Actions after the Effective Date, nothing in this Section 6.3 shall grant any
right of indemnity to the Seller Parties or impose any obligation on Buyer to
indemnify the Seller Parties for Losses incurred by them in connection with or
arising out of any Subcontracted Service obligation.

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<PAGE>

            6.4 Procedure.

            (a) If any party shall seek indemnification with respect to any Loss
or potential Loss arising from a claim asserted by a third party (including a
notice of Tax audit or request to waive or extend a statute of limitations
applicable to any Tax) for which such party seeking indemnification (the
"Indemnified Party") is entitled to indemnification under this Article VI, then
the Indemnified Party shall promptly notify the other party (the "Indemnifying
Party") in writing; provided, however, that no delay on the part of the
Indemnified Party in notifying the Indemnifying Party (except to the extent
notice is not received prior to the expiration of the applicable expiration
provision contained in subsection 6.1 or 6.3, as applicable) shall relieve
Indemnifying Party from any obligation hereunder unless (and then solely to the
extent that) Indemnifying Party is materially prejudiced thereby.

            (b) An Indemnifying Party will have the right to defend the
Indemnified Party against the claim with counsel of its choice, reasonably
satisfactory to the Indemnified Party, so long as (i) the Indemnifying Party
notifies the Indemnified Party in writing, within 10 days after the Indemnified
Party has given notice of the claim, that the Indemnifying Party will satisfy
its indemnification obligations to the extent required under this Article VI,
(ii) the Indemnifying Party provides the Indemnified Party with evidence
reasonably acceptable to the Indemnified Party that the Indemnifying Party will
have the financial resources to defend against the claim and to fulfill its
indemnification obligations hereunder, (iii) the claim involves only money
damages and does not seek injunctive or other equitable relief; (iv) settlement
of, or an adverse judgment with respect to, the claim is not, in the reasonable
and good faith judgment of the Indemnified Party likely to establish a
precedential custom or practice or result in an outcome that is materially
adverse to the continuing business interests of the Indemnified Party; and (v)
the Indemnifying Party conducts the defense of the claim actively, diligently
and completely. So long as the Indemnifying Party is conducting the defense of
the claim in accordance with this Section 6.4(b), (x) the Indemnified Party may
participate in the defense of the claim through separate co-counsel, but the
retention of any such separate counsel shall be at the sole cost and expense of
the Indemnified Party, (y) the Indemnified Party will not consent to the entry
of any judgment or enter into any settlement with respect to the claim without
the prior written consent of the Indemnifying Party, which consent shall not be
unreasonably withheld, and (z) the Indemnifying Party will not consent to the
entry of any judgment or enter into any settlement with respect to the claim
without the prior written consent of the Indemnified Party which consent shall
not be unreasonably withheld.

            (c) In the event any of the conditions of subsections (i) or (v) of
Section 6.4(b) above is or becomes unsatisfied, however, (i) the Indemnified
Party may defend against, and consent to the entry of any judgment or enter into
any settlement with respect to, the claim in any manner it may deem appropriate
(and the Indemnified Party need not consult with, or obtain any consent from,
any Indemnifying Party in connection therewith), (ii) subject to Section 6.2(b),
the Indemnifying Party will reimburse the Indemnified Party promptly and
periodically for the costs of defending against the claim (including attorneys'
fees and expenses reasonably incurred), and (iii) the Indemnifying Party will
remain responsible to indemnify the Indemnified Party to the extent required
under this Article VI. Without limiting the generality of the foregoing, in the
cases of Losses incurred by Buyer with respect to which (i) Buyer is entitled
indemnification hereunder and (ii) Seller Parties fail to satisfy their
obligations as Indemnified

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                                       37
<PAGE>

Parties, Buyer may offset such Losses in accordance with Section 6.5 below
against any payment or payments due to a Seller Party under Section 1.5(b),
Section 1.6 or Section 1.7 hereof.

            (d) The parties to this Agreement shall execute such powers of
attorney as may be necessary or appropriate to permit participation of counsel
selected by any party hereto and, as may be reasonably related to any such
claim, shall provide access to the counsel, accountants, and other
representatives of each party during normal business hours to all properties,
personal, books, tax records contracts, commitments and all other business
records of such other party and will furnish to such other party copies of all
documents as may reasonably be requested (certified if requested).

            6.5 Set-off. In addition to any rights and remedies that Buyer may
have under this Agreement or under applicable Law, Buyer and to the fullest
extent permitted by Law, its Affiliates, are authorized at any time after the
indemnifiable Losses of the Buyer Indemnified Parties exceed the Threshold (as
determined in accordance with and subject to the exclusions set forth in Section
6.2(b)) and from time to time thereafter, to set off and apply any and all
amounts due or which may become due hereunder or under any agreement entered
into in connection with this Agreement, the Software Sale Agreement or the
transactions contemplated hereby and thereby, against any and all obligations
which may become due under this Article VI from any Seller Party to any Buyer
Indemnified Party, irrespective of whether any demand has been made for payment
of such obligation, and notwithstanding that such obligation may be contingent
or not reduced to judgment. Prior to exercising the right of set-off granted by
this Section 6.5, Buyer shall consult with Simmons, as representative of the
Seller Parties, with a view to reaching agreement with respect to the amount of
the Buyer Indemnified Parties' indemnifiable Losses to be set-off, but, upon
failing to reach such agreement after good-faith consultations, Buyer may
exercise its rights of set-off hereunder.

                                  ARTICLE VII
                           NON-COMPETE & NONDISCLOSURE

            7.1 Non-compete. (i) As a material inducement to Buyer's willingness
to enter into and perform this Agreement and to purchase the Assets and for the
consideration to be paid or provided to the Seller Parties in connection with
such purchase, each Seller Party agrees that it and its controlled Affiliates
will not Compete (as defined below), at any time for ten (10) years after the
Effective Date anywhere in the United States (such period, the "Non-Competition
Period"). For purposes hereof "Compete" means directly or indirectly, for its or
own benefit or as agent for another, carry on activities or participate in the
ownership of (except as the passive holder of less than five percent (5%) of the
outstanding shares of any class of a corporation whose stock is listed on any
national or regional securities exchange or quoted in the Nasdaq Stock Market or
any successor thereto), or management or control of, or the financing of, or be
employed by, or consult for or otherwise render services to, or allow its name
or reputation to be used in or by, any present or future business enterprise
that competes with the Business or the Buyer Business as the same may be
conducted by Buyer and its Affiliates as of the Effective Date, and shall
include but not be limited to, directly or indirectly, diverting to or
soliciting or accepting for any such business enterprise the business of any
Person who, on the date of the execution and delivery of this Agreement, was a
customer of or, based on written records of

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Buyer existing as of the date of the execution and delivery of this Agreement,
was being pursued as a customer by Buyer, its Affiliates, or any Seller Party.

                  (ii) The Seller Parties acknowledge and agree that the
provisions of this Section 7.1 have been specifically negotiated and carefully
tailored with a view to preventing the serious and irreparable injury that Buyer
will suffer in the event a Seller Party Competes during the Non-Competition
Period, and is intended to assure that the Buyer receives the full value of the
Assets and the Business, including its goodwill, in consideration of the
Purchase Price, the Consideration and the Additional Consideration paid by Buyer
hereunder and under the Software Sale Agreement. The Seller Parties further
acknowledge that a breach by any Seller Party of this Section 7.1 will cause
irreparable injury and damage to Buyer, the exact amount of which would be
difficult to ascertain, and that the remedies at law for any such breach would
be inadequate. Accordingly, if any Seller Party breaches this Section 7.1, Buyer
shall be entitled to injunctive relief without posting bond or other security
and no Seller Party shall object thereto on the grounds that money damages would
be adequate; provided, however, that Buyer may elect, at its option, to seek
damages instead of injunctive relief by virtue of such breach.

                  (iii) In the event that, despite the express agreement of
Buyer and the Seller Parties, any provision of this Section 7.1 shall be
determined by any court or other tribunal of competent jurisdiction to be
unenforceable for any reason whatsoever, the parties agree that this Section 7.1
shall be interpreted to extend only over the maximum period of time for which it
may be enforceable, and/or over the maximum geographical areas as to which it
may be enforceable, and/or over the broadest competitive activities as to which
it may be enforceable, and/or to the maximum extent in any and all other
respects as to which it may be enforceable, all as determined by such court or
tribunal.

            7.2 Non-Solicitation. The Seller Parties agree, for a period of five
(5) years from the Effective Date, that no Seller Party or any of their
respective controlled Affiliates shall directly or indirectly, solicit, engage
or hire any officer, employee or consultant of Buyer, its Affiliates or any
Seller Party to work in any other business or entity.

            7.3 Nondisclosure. At all times from and after the date hereof, each
Seller Party shall keep secret and retain in strictest confidence and shall not,
except with the express prior written consent of Buyer, directly or indirectly
disclose, communicate or divulge to any Person, or use for the benefit of any
Person, any confidential or proprietary information or material relating to
Buyer's or Seller Entities' operations or businesses which it may have learned
as an owner, shareholder, employee, officer or director of a Seller Party or in
connection with the negotiation of this Agreement. Confidential or proprietary
information or material includes, without limitation, the following types of
information or material regarding Buyer, its direct or indirect parents,
Affiliates or related companies: proprietary data processing systems and
software; corporate information, including contractual arrangements, plans,
strategies, tactics, policies, resolutions, patent, copyright, trademark, and
trade name applications, designs, technologies, inventions, know-how, and any
litigation or negotiations; marketing information and methods, including sales
or product plans, products, product lines, proposed products, pricing policies,
fees, strategies, methods, vendors, customers, customer lists, prospects, or
market research data; financial information, including cost and performance
data, debt arrangements, equity structures, investors and holdings; operational
and scientific information,

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including trade secrets, technical information, and personnel information,
including personnel lists, resumes, personnel data, terms of employment
agreements, organizational structure, and performance evaluations (collectively,
"Proprietary Information"). The restriction contained in the preceding sentence
shall not apply to any Proprietary Information to the extent that (i) such
information is or hereafter becomes generally available to the public without a
breach of this Agreement, (ii) disclosure is made to a Governmental Entity where
it is necessary or appropriate to disclose such information to such Governmental
Entity having jurisdiction over the parties, (iii) disclosure is made to a
party's advisors or counsel bound by either a written agreement or professional
obligations of confidentiality or (iv) disclosure is otherwise required by Law.
To avoid confusion, the restrictions set forth in this Section 7.3 apply to any
disclosure by the Seller Parties of any information related to the terms of or
existence of, or matters discussed in the course of negotiating, this Agreement.

                                  ARTICLE VIII
                                EMPLOYEE MATTERS

            8.1 Employees. As of the Effective Date, Buyer will offer employment
to certain employees of the Business who are listed in Section 8.1 of the Seller
Disclosure Schedule (all such employees, the "Rehired Employees"). The Seller
Parties shall use commercially reasonable efforts to assist Buyer in hiring the
Rehired Employees. Prior to the Closing the Seller Parties shall not take any
action, directly or indirectly, to prevent or discourage any employee of the
Business from being employed by Buyer as of the Effective Date and shall not
solicit, invite, induce or entice any such employee to remain in the employ of
the any Seller Party or otherwise attempt to retain the services of any Rehired
Employee, except with the prior written consent of Buyer. Prior to the Closing,
the parties agree to cooperate with each other with respect to all material oral
or written communications or meetings with the Rehired Employees primarily
regarding future employment.

            8.2 Employee Obligations. Except as set forth in the Transition
Services Agreement, each Seller Party will satisfy all obligations for
compensation, wages, bonuses, vacation time and vacation pay, pay in lieu of
vacation and employee benefits for the Rehired Employees attributable to periods
on or before Effective Date. Buyer will assume all obligations for compensation,
wages, bonuses, vacation time and vacation pay and employee benefits, including
employee benefit Plans, for the Rehired Employees who accept employment with
Buyer attributable to periods after the Effective Date, provided that no Rehired
Employee will receive duplicate benefits from both Seller Entities and Buyer.
Seller Entities shall also retain all liabilities to their employees under all
employee benefit Plans sponsored or maintained by Seller Entities. From and
after the Effective Date, all obligations of the Seller Parties to their
respective employees in respect of claims under the Seller Parties' self-funded
short-term disability insurance program shall be processed and disposed of on a
claims made basis.

            8.3 COBRA. Subject to the provisions of the Transition Services
Agreement, Seller will be responsible for providing continuation coverage and
all related notices to the extent required by law to any employee of the Seller
Entities or qualified beneficiary who incurs or incurred a qualifying event
under COBRA on or before the Effective Date.

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            8.4 Vesting. Unless doing so would have material adverse
consequences to the Seller Entities under any Tax law or ERISA, the Seller
Entities shall cause those Rehired Employees who accept employment with Buyer to
become fully vested in their account balances in any defined contribution
pension or profit sharing plan sponsored or maintained by Seller or its
Affiliates, effective as of the Effective Date.

            8.5 No Third Party Beneficiaries. Notwithstanding any possible
inferences to the contrary, none of the Seller Parties nor Buyer intends for
this Article VIII to create any rights or obligations except as between the
Seller Parties and Buyer, and no past, present or future employees of a Seller
Party or any dependents or beneficiaries of such employees, shall be treated as
third-party beneficiaries of this Article VIII.

                                   ARTICLE IX
                                  MISCELLANEOUS

            9.1 Notices. All notices and other communications provided for
herein shall be in writing and shall be deemed to have been duly given when
delivered personally or sent by telex or telecopy or three (3) business days
after being mailed by registered or certified mail, return receipt requested,
postage prepaid, to the party to whom it is directed or one (1) business day
after being sent via a nationally recognized courier service for next business
day delivery, to the party to whom it is directed:

                  If to the Buyer, to:

                  webalg, Inc.
                  105 Maxess Road
                  Suite N109
                  Melville, NY 11747
                  Attention:  Eric Jacobs, Esq. and Mark F. O'Neil
                  Facsimile:  (631) 486-1705

                  With copies to:

                  O'Melveny & Myers LLP
                  Times Square Tower
                  7 Times Square
                  New York, NY 10112
                  Attention:  Charles F. Niemeth, Esq.
                  Facsimile:  (212) 326-2061

                  If to any Seller Party, to such Seller Party at or c/o:

                  Lease Marketing, Ltd.
                  3025 Highland Parkway
                  Downers Grove, IL 60515
                  Attention:  Mark Simmons
                  Facsimile:  (630) 515-8675

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<PAGE>

                  With copies to:

                  Charles W. Ormsby, Jr., Esq.
                  Semanoff, Ormsby, Greenberg & Torchia, LLC
                  Suite 200 - Jenkins Court 610 Old York Road
                  Jenkintown, PA 19046
                  Facsimile: (215) 884-3500

                  And

                  Dinverno & Foltz, LLP
                  Attn:  Michael C. Foltz, Esq.
                  500 Park Boulevard
                  Suite 1400
                  Itasca, Illinois 60143

or for any party, at such other address as such party shall have specified in
writing to each of the others in accordance with this Section 9.1.

            9.2 Counterparts. This Agreement may be executed in any number of
counterparts, each of which shall be deemed an original, but such counterparts
together shall constitute one and the same instrument.

            9.3 Section Headings. The section headings of this Agreement are for
convenience of reference only and shall not be deemed to limit or affect any of
the provisions hereof.

            9.4 Amendments; No Waivers.

            (a) Any provision of this Agreement may be waived or amended if, and
only if, such amendment or waiver is in writing and signed by all of the
parties.

            (b) No failure by any party hereto to insist upon the strict
performance of any covenant, duty, agreement or condition of this Agreement, or
to exercise any right or remedy consequent upon a breach hereof, shall
constitute a waiver of any such breach or any other covenant, duty, agreement or
condition hereof.

            9.5 Entire Agreement; No Assignment. This Agreement (including the
Exhibits hereto, the Seller Disclosure Schedule and any amendments hereto) (a)
constitutes the entire Agreement and understandings of the parties hereto and
supersedes all prior agreements and understandings, both written and oral, among
the parties hereto with respect to the subject matter hereof including, without
limitation, the Letter of Intent dated June 1, 2004, (b) is not intended to
confer upon any other Person any rights or remedies hereunder, and (c) shall not
be assigned, by operation of Law or otherwise provided, that Buyer may assign
its rights (but not its obligations) under this Agreement to any of its
Affiliates and to any lender(s) (or any agent on their behalf) providing
financing for the transactions contemplated hereby .

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<PAGE>

            9.6 Governing Law. This Agreement shall be governed by and construed
in accordance with the Laws of the State of New York (without regard to the
choice of law provisions thereof).

            9.7 Severability. If it is determined by a court of competent
jurisdiction that any provision of this Agreement is invalid under applicable
law, such provision shall be ineffective only to the extent of such invalidity,
without invalidating the remainder of this Agreement.

            9.8 JURISDICTION. EACH PARTY HEREBY IRREVOCABLY SUBMITS TO AND
ACCEPTS FOR ITSELF AND ITS PROPERTIES, GENERALLY AND UNCONDITIONALLY, THE
NON-EXCLUSIVE JURISDICTION OF AND SERVICE OF PROCESS PURSUANT TO THE LAWS OF THE
STATE OF NEW YORK AND THE RULES OF ITS COURTS, WAIVES ANY DEFENSE OF FORUM NON
CONVENIENS AND AGREES TO BE BOUND BY ANY JUDGMENT RENDERED THEREBY ARISING UNDER
OR OUT OF IN RESPECT OF OR IN CONNECTION WITH THIS AGREEMENT OR ANY RELATED
DOCUMENT OR OBLIGATION. EACH PARTY FURTHER IRREVOCABLY DESIGNATES AND APPOINTS
THE INDIVIDUAL IDENTIFIED IN OR PURSUANT TO SECTION 9.1 HEREOF TO RECEIVE
NOTICES ON ITS BEHALF, AS ITS AGENT TO RECEIVE ON ITS BEHALF SERVICE OF ALL
PROCESS IN ANY SUCH ACTION BEFORE ANY BODY, SUCH SERVICE BEING HEREBY
ACKNOWLEDGED TO BE EFFECTIVE AND BINDING SERVICE IN EVERY RESPECT. A COPY OF ANY
SUCH PROCESS SO SERVED SHALL BE MAILED BY REGISTERED MAIL TO EACH PARTY AT ITS
ADDRESS PROVIDED IN SECTION 9.1. IF ANY AGENT SO APPOINTED REFUSES TO ACCEPT
SERVICE, THE DESIGNATING PARTY HEREBY AGREES THAT SERVICE OF PROCESS SUFFICIENT
FOR PERSONAL JURISDICTION IN ANY ACTION AGAINST IT IN THE APPLICABLE
JURISDICTION MAY BE MADE BY REGISTERED OR CERTIFIED MAIL, RETURN RECEIPT
REQUESTED, TO ITS ADDRESS PROVIDED IN SECTION 9.1. EACH PARTY HEREBY
ACKNOWLEDGES THAT SUCH SERVICE SHALL BE EFFECTIVE AND BINDING IN EVERY RESPECT.
NOTHING HEREIN SHALL AFFECT THE RIGHT TO SERVE PROCESS IN ANY OTHER MANNER
PERMITTED BY LAW OR SHALL LIMIT THE RIGHT OF ANY PARTY TO BRING ANY ACTION OR
PROCEEDING AGAINST THE OTHER PARTY IN ANY OTHER JURISDICTION.

            9.9 Attorneys' Fees. In the event of any proceeding arising out of
or related to this Agreement, the prevailing party shall be entitled to recover
from the losing party all of its costs and expenses incurred in connection with
such proceeding, including court costs and reasonable attorneys' fees, whether
or not such proceeding is prosecuted to judgment.

                                   ARTICLE X
                                  DEFINITIONS

            10.1 General.

            For all purposes of this Agreement, except as otherwise expressly
provided or unless the context otherwise requires,

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<PAGE>

                  (a) the terms defined in this Article X have the meanings
      assigned to them in this Article X and include the plural as well as the
      singular,

                  (b) all accounting terms not otherwise defined herein have the
      meanings assigned under GAAP,

                  (c) all references in this Agreement to designated "Articles,"
      "Sections" and other subdivisions are to the designated Articles, Sections
      and other subdivisions of the body of this Agreement,

                  (d) pronouns of either gender or neuter shall include, as
      appropriate, the other pronoun forms,

                  (e) the words "herein," "hereof" and "hereunder" and other
      words of similar import refer to this Agreement as a whole and not to any
      particular Article, Section or other subdivision, and

            10.2 Definitions. As used in this Agreement and the Exhibits and
Schedules delivered pursuant to this Agreement, the following definitions shall
apply.

      "Action" means any action, complaint, petition, investigation, suit or
other proceeding, whether civil or criminal, in Law or in equity, or before any
arbitrator or Governmental Entity.

      "Additional Consideration" shall have the meaning set forth in Section
1.7.

      "Affiliate" means a Person that directly, or indirectly through one or
more intermediaries, controls, or is controlled by, or is under common control
with, a specified Person.

      "Aggregate Buyout Amount" shall have the meaning set forth in Section
1.6(d).

      "Agreement" means this Agreement by and among Buyer and Seller Parties, as
amended or supplemented together with all Exhibits and Schedules attached or
incorporated by reference.

      "Allocation Schedule" shall have the meaning set forth in Section 3.5(c).

      "Approval" means any approval, authorization, consent, qualification or
registration, or any waiver of any of the foregoing, required to be obtained
from, or any notice, statement or other communication required to be filed with
or delivered to, any Governmental Entity or any other Person.

      "Associate" of a Person means (x) a corporation or organization (other
than a Seller Party or a party to this Agreement) of which such Person or any
Associate is an officer, director or partner or is, directly or indirectly, the
beneficial owner of ten percent (10%) or more of any class of equity securities;
(y) any trust or other estate in which such Person or any Associate has a
substantial beneficial interest or as to which such Person serves as trustee or
in a similar capacity; and (z) any relative or spouse of such Person or any
relative of such spouse who has the same home as such Person.

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      "Assets" has the meaning set forth in Section 1.1 hereof.

      "Assumed Liabilities" has the meaning set forth in Section 1.3 hereof.

      "Backlog Contract" means a pending or potential Contract for software
licenses and/or related equipment leases that has been negotiated with, accepted
by or is subject to approval by a customer or potential customer of any Seller
Entity, or which becomes a Contract on or after the Effective Date and, in
either case, is not listed on Section 1.1(d)(i) of the Seller Disclosure
Schedule, together with, in each case, all amounts payable by such customer
under the Backlog Contract.

      "Business" means the Seller Entities' business comprising the licensing or
sale of computer systems and/or software, whether via a desktop, server network,
application service provider or any other manner, (i) which enables a Dealer, or
customer of a Dealer, to compare with respect to Vehicles (a) available lease
and/or balloon programs; (b) available retail programs (prime and/or non-prime)
and/or (c) available retail, lease and/or balloon programs, in each case, to
identify the programs for the Dealer or customer, as applicable, based on the
criteria supplied by such party, (ii) through which residual value data, lender
rates, and/or program data is licensed or subscribed to with respect to
Vehicles, and to display and print customized financing forms embodying such
lease and/or balloon programs and/or such retail programs, (iii) which enables a
Dealer to extract Vehicle data from a dealer management system to identify
potential Vehicles for sale or lease by the Dealer, and/or (iv) which enables a
Dealer to manage the status of customer transactions, including but not limited
to business development center or lead management systems and/or software.

      "Business Day" means any day on which banks are not required or authorized
by Law to close in the City of New York.

      "Buyer" has the meaning set forth in the Preamble.

      "Buyer Business" means (1) a Multiple Lender, Internet-based,
business-to-business, e-commerce system, which enables (i) Dealers to do one or
more of the following: (a) directly route/transmit credit application data with
respect to a loan or lease to Multiple Lenders and receive credit decisions with
respect to such credit application data, (b) obtain Contract status, pay-off
quotes, prospecting reports, rates, programs and other information related to
the items set forth in this clause (b) from Multiple Lenders, (c) filter and
route credit applications to Multiple Lenders, and/or (d) obtain other
information on products and services Multiple Lenders offer to Dealers; (ii) the
eContracting Service; (iii) PaymentTrack; (iv) Dealers to directly to receive
and/or generate reports from Multiple Lenders related to any of the foregoing;
(v) Multiple Lenders to pass credit applications with respect to Vehicles
between and/or among themselves; and/or (vi) the aggregation of data derived
from Multiple Lenders and Dealers and the sale and distribution of such data to
third parties; and (2) an Internet-based, business-to-business, e-commerce
system, which enables Multiple Lenders to market and sell leased Vehicles either
(i) pre-lease termination, (ii) post-lease termination or (iii)
post-repossession, in each case, to Dealers. For purposes of this definition:

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<PAGE>

            "eContracting Service" means an Internet-based,
      business-to-business, e-commerce system, which enables (i) Multiple
      Lenders to allow Dealers to access, process, complete and source certain
      electronic Vehicle loan and lease Contracts and ancillary documents
      related thereto on-line and transmit such Contracts and documents to one
      or more Lenders, (ii) Multiple Lenders to receive electronic
      "authoritative" copies (as such term is used in Section 9-105 of the New
      York Uniform Commercial Code (the "NY UCC") or any successor provision
      thereto or any substantially similar provision under applicable Law) of
      Vehicle loan and lease Contracts, and/or (iii) a Person or entity which
      controls electronic "authoritative copies" (as such term is used in
      Section 9-105 of the NY UCC or any successor provision thereto) of Vehicle
      loan and lease Contracts for Multiple Lenders to access, view, store, add,
      delete, replace, track, pool, control, transfer, convert to a legally
      binding paper copy, print and/or restore such electronic "authoritative"
      copies of Vehicle loan and lease Contracts in a controlled system which
      logs all transactions associated therewith.

            "Lender" means a financial institution or other financing source and
      "Multiple Lenders" means two (2) or more unaffiliated Lenders.

      "Payment Track" means a product or service (i) which enables a Dealer or
consumer to compare with respect to leased Vehicles available lease programs
from Multiple Lenders; and/or (ii) through which Multiple Lenders residual value
data, rates, and/or program data are licensed or subscribed to with respect to
leased Vehicles.

      "Buyer Disclosure Schedule" means the Buyer Disclosure Schedule dated the
date hereof and delivered by Buyer to the Seller Parties and annexed hereto.

      "Buyer Indemnified Party" has the meaning set forth in Section 6.2.

      "Buyer Set-off Amount" has the meaning set forth in Section 1.6(f).

      "CERCLA" means the Comprehensive Environmental Response, Compensation and
Liability Act, as amended, 42 U.S.C. Section 9601, et seq., or the regulations
promulgated thereunder.

      "Closing" means the consummation of the sale transactions contemplated by
this Agreement.

      "Closing Balance Sheet" has the meaning set forth in Section 1.6(a).

      "Code" means the Internal Revenue Code of 1986, as amended from time to
time, and the applicable regulations thereunder.

      "Compete" has the meaning set forth in Section 7.1.

      "Consideration" has the meaning set forth in Section 1.5(a).

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      "Contract" means any agreement, arrangement, bond, insurance policy,
commitment, franchise, indemnity, indenture, instrument, lease, license,
insurance policy or understanding, whether or not in writing.

      "Dealer" means a Vehicle dealer in the United States; provided, however,
that for the purpose of determining a quantity of Dealers or retail outlets,
each single physical location of a Dealer Vehicle retail outlet at a single
street address shall be counted as one Dealer or one retail outlet, regardless
of whether such single-street-address location (a) includes one or more physical
buildings such as (i) separate showrooms for new Vehicle franchises and/or used
cars, (ii) separate facilities for fleet sales and/or leasing, (iii) separate
facilities for leasing, or (iv) separate facilities for parts and services, or
(b) supports the sale and/or lease of Vehicles manufactured by one or more
manufacturers, whether with or without the approval of such manufacturer or
manufacturers.

      "Disbursement Account" means the account established by Buyer pursuant to
Section 1.6 of this Agreement

      "Disbursing Agent" means the agent designated by the Seller Parties to
disburse the Consideration to creditors of the Seller Entities, which shall be
the Buyer or an Affiliate of Buyer designated by Buyer.

      "Effective Date" has the meaning set forth in Section 1.8.

      "Encumbrance" means any claim, charge, easement, encumbrance, lease,
covenant, security interest, mortgage, lien, option, pledge, rights of others,
license, restriction (whether on voting, sale, transfer, disposition or
otherwise), adverse claim of title, ownership or right to use or other
encumbrance whatsoever, whether imposed by agreement, understanding, law, equity
or otherwise, except for any restrictions on transfer generally arising under
any applicable federal or state securities law.

      "Equity Securities" means any capital stock or other equity interest or
any securities convertible into or exchangeable for capital stock or any other
rights, warrants or options to acquire any of the foregoing securities.

      "ERISA" means the Employee Retirement Income Security Act of 1974, as
amended, and the related regulations and published interpretations.

      "Exchange Act" means the Securities Exchange Act of 1934, as amended.

      "Excluded Assets" has the meaning set forth in Section 1.2 hereof.

      "Excluded Liabilities" has the meaning set forth in Section 1.4.

      "Excluded Sections" has the meaning set forth in Section 6.1.

      "Financial Statements" shall have the meaning set forth in Section 2.2(f).

      "GAAP" means generally accepted accounting principles in the United
States.

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<PAGE>

      "Governmental Entity" means any government or any agency, bureau, board,
commission, court, department, official, political subdivision, tribunal or
other instrumentality of any government, whether federal, state or local,
domestic or foreign.

      "Hazardous Substance" shall mean and include: (i) any "Hazardous
Substance" as defined in CERCLA; and (ii) any substances that are defined or
listed in, or otherwise classified pursuant to, any other applicable Laws as
"hazardous substances," "hazardous materials," "hazardous wastes" or "toxic
substances," or any other formulation intended to define, list or classify
substances by reason of deleterious properties such as ignitibility,
corrosivity, reactivity, radioactivity, carcinogenicity, reproductive toxicity
or "EP toxicity," and petroleum and drilling fluids, produced waters and other
wastes associated with the exploration, development, or production of crude oil,
natural gas or geothermal energy, as such Laws were in effect at the time of the
relevant act or omission.

      "Income Tax" or "Income Taxes" means any federal, state, local or foreign
income, franchise or similar Tax and in each instance any interest, penalties or
additions to tax attributable to such Tax.

      "Indebtedness" means the outstanding principal balance of, and any accrued
and unpaid interest, fees and other amounts (including any prepayment penalties)
payable by the Seller Entities to any bank or other financial institution or
other unaffiliated lender (including any lessor on a capital lease), any other
outstanding obligations (including bank overdrafts) of a Seller Entity to any
bank or other financial institution or other financing source, or other
unaffiliated lender (including any lessor on a capital lease) as of the date of
the execution and delivery of this Agreement (not including any trade payables),
the outstanding principal balance of, and any accrued and unpaid interest, fees
and other amounts payable on, any Seller Party's notes payable and any other
obligations to any shareholder, former shareholder or any Affiliate or Associate
of a Seller Party as of the date of the execution and delivery of this
Agreement, and any Seller Party's obligations, contingent or otherwise, under
factoring arrangements entered into by any Seller Party.

      "Indemnified Party" has the meaning set forth in Section 6.4(a).

      "Indemnifying Party" has the meaning set forth in Section 6.4(a).

      "Intellectual Property" means all domestic and foreign patents, patent
applications, trademarks, service marks and other indicia of origin (whether
registered or unregistered), trademark and service mark registrations and
applications for registrations thereof, copyrights in both published and
unpublished works, copyright registrations and applications for registration
thereof, Internet domain names and universal resource locators ("URLs"),
inventions (whether or not patentable), invention disclosures, discoveries,
moral and economic rights of authors and inventors (however denominated),
marketing materials, corporate and business names, source codes, object codes,
computer software programs, trade names, trade dress, brand names, maskworks,
trade secrets (including technical data, customer lists, know-how, show-how,
maskworks, formulae, methods (whether or not patentable), designs, processes,
procedures, technology, industrial design rights, industrial design
registrations, databases, data collectors and other proprietary information, or
confidential information or proprietary or confidential material

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                                       48
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of any type), whether written or unwritten (and all goodwill associated with,
and all derivatives, improvements and refinements of, any of the foregoing).

      "Intellectual Property Rights" has the meaning set forth in Section
2.2(o)(i)(A).

      "IRS" means the Internal Revenue Service or any successor.

      "Knowledge" or "to his best knowledge" and like terms shall mean, with
respect to an entity, the knowledge of the key executive officers or partners of
that entity after reasonable inquiry, and with respect to an individual, the
actual knowledge of that individual after reasonable inquiry.

      "Law" means any constitutional provision, statute or other law, rule,
regulation, ordinance or interpretation of any Governmental Entity and any
Order.

      "Licensed Rights" has the meaning set forth in Section 2.2(o)(i)(B).

      "Loss" means any action, cost, damage, disbursement, expense, liability,
loss, deficiency, diminution in value, obligation, penalty or settlement of any
kind or nature, whether foreseeable or unforeseeable, including but not limited
to, interest or other carrying costs, penalties, legal, accounting and other
professional fees and expenses incurred in the investigation, collection,
prosecution and defense of claims and amounts paid in settlement, that may be
imposed on or otherwise incurred or suffered by the specified Person.

      "Material Agreement" has the meaning set forth in Section 2.2(j).

      "Order" means any decree, injunction, judgment, order, ruling, assessment
or writ of any Governmental Entity.

      "Pension Plan" has the meaning set forth in Section 2.2(m)(i)(C).

      "Permit" means any license, permit, franchise, certificate of authority,
Approval or any waiver of the foregoing, required to be issued by any
Governmental Entity.

      "Person" means an association, a corporation, an individual, a
partnership, a trust or any other entity or organization, including a
Governmental Entity.

      "Plan" has the meaning set forth in Section 2.2(m).

      "Pledged Source Code" has the meaning set forth in Section 2.2(o)(i).

      "Preliminary Balance Sheet" has the meaning set forth in Section 1.1(e).

      "Principal" has the meaning set forth in the preamble to this Agreement.

      "Principals' Loans" means the outstanding principal on July 31, 2004 of,
accrued interest to July 31, 2004 on, and other amounts due on July 31, 2004 in
respect of, the Seller Entities' Indebtedness to the Principals identified as
"Due to Officer" on the Closing Balance Sheet.

Asset Purchase Agreement

                                       49
<PAGE>

      "Proprietary Information" has the meaning set forth in Section 7.3.

      "Purchase Price" has the meaning set forth in Section 1.5.

      "Rehired Employees" has the meaning set forth in Section 8.1.

      "Return" means any report, return, statement, estimate, extension request,
declaration, notice, form or other information required to be supplied to a
taxing authority in connection with Taxes.

      "Seller Entities" and "Seller Parties" have the respective meanings set
forth in the preamble to this Agreement.

      "Seller Disclosure Schedule" means the Seller Disclosure Schedule dated
the date hereof and delivered by Seller Parties to Buyer and annexed hereto. The
Sections of the Seller Disclosure Schedule shall be numbered to correspond to
the applicable Section of this Agreement and, together with all matters under
such heading, shall be deemed to qualify only that section.

      "Software Sale Agreement" has the meaning set forth in the recitals in
this Agreement.

      "Subcontracted Service Obligation" has the meaning set forth in Section
3.10.

      "Subsidiary" means, with respect to any Person, any corporation,
partnership, limited liability company or other organization, whether
incorporated or unincorporated, of which such Person or any other subsidiary of
such Person beneficially owns a majority of the voting or equity securities.

      "Tax" or "Taxes" means taxes of any kind, levies or other like
assessments, imposts, charges or fees, including, without limitation, Income
Taxes, gross receipts, ad valorem, value added, excise, real or personal
property, asset, sales, use, license, payroll, transaction, capital, net worth
and franchise taxes, escheat liability or other similar property rights asserted
by any Governmental Entity or governmental authority, estimated taxes,
withholding, employment, social security, workers compensation, utility,
severance production, unemployment compensation, occupation, premium, windfall
profits, transfer and gains taxes or other governmental taxes imposed or payable
to the United States, or any state, county, local or foreign government or
subdivision or agency thereof, and in each instance such term shall include any
interest, penalties or additions to tax attributable to any such Tax.

      "Threshold" has the meaning set forth in Section 6.2(b).

      "Transferred Contracts" has the meaning set forth in Section 1.1(d).

      "Transition Services Agreement" means the Transition Services Agreement to
be entered into on the date of the execution and delivery of this Agreement in
substantially the form annexed hereto as Exhibit F.

      "U.S. BanCorp Factoring Agreement" has the meaning set forth in Section
2.2(o)(i).

Asset Purchase Agreement

                                       50
<PAGE>

      "Vehicle" means an automobile, truck, snowmobile, recreational vehicle,
motorcycle, boat or other watercraft or commercial vehicle.

Asset Purchase Agreement

                                       51
<PAGE>

      IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
duly executed as of the date first above written:

                                    WEBALG, INC.

                                    By:____________________________________
                                       Name:
                                       Title:

                                    LEASE MARKETING, LTD.

                                    By:____________________________________
                                       Name:
                                       Title:

                                    LML ASSET ACQUISITION, LLC

                                    By:____________________________________
                                       Name:
                                       Title:

                                    LML SYSTEMS, INC.

                                    By:____________________________________
                                       Name:
                                       Title:

                                    WIZARD ASSET ACQUISITION, LLC

                                    By:____________________________________
                                       Name:
                                       Title:

Asset Purchase Agreement

                                      S-1
<PAGE>

                                    TRUST CREATED UNDER THE MARK
                                    SIMMONS DECLARATION OF TRUST DATED
                                    OCTOBER 22, 2002

                                    By:_________________________________
                                       Mark Simmons, Trustee

                                    ____________________________________
                                       Mark Simmons

                                    ____________________________________
                                       Karen Dillon

Asset Purchase Agreement

                                      S-2
<PAGE>

                                TABLE OF CONTENTS

<TABLE>
<CAPTION>
                                                                              Page
<S>                                                                           <C>
ARTICLE I SALE; CLOSING................................................         1

    1.1   Transfer of Assets...........................................         1

    1.2   Assets Not Transferred.......................................         3

    1.3   Assumption of Certain Liabilities............................         4

    1.4   Non-Assumption of Other Liabilities..........................         4

    1.5   Purchase Price...............................................         5

    1.6   Consideration Adjustments, Disbursement Account..............         6

    1.7   Additional Consideration.....................................        10

    1.8   The Closing..................................................        11

    1.9   Conveyances and Deliveries at the Closing....................        11

ARTICLE II REPRESENTATIONS AND WARRANTIES..............................        13

    2.1   Representations and Warranties by Buyer......................        13

    2.2   Representations and Warranties by Seller Parties.............        14

ARTICLE III ADDITIONAL COVENANTS AND AGREEMENTS........................        27

    3.1   Expenses.....................................................        27

    3.2   Negotiations with Others.....................................        27

    3.3   Publicity....................................................        27

    3.4   Additional Agreements; Approvals; Consents...................        28

    3.5   Tax Matters; Tax Returns.....................................        28

    3.6   Accounts Receivable..........................................        29

    3.7   Notification of Certain Matters..............................        30

    3.8   Selling Entity and Product Names.............................        30

    3.9   Maintenance of Corporate Existence...........................        30

    3.10  Covenant Not to Sue..........................................        30

    3.11  Audit Assistance.............................................        31

    3.12  Audited and Restated Financial Statements....................        31

ARTICLE IV CONDITIONS TO THE CLOSING...................................        32

    4.1   Conditions to the Closing Relating to Buyer..................        32

    4.2   Conditions to the Closing Related to Seller Parties..........        33

ARTICLE V [INTENTIONALLY DELETED.].....................................        34
</TABLE>

Asset Purchase Agreement

                                      -i-
<PAGE>

                                TABLE OF CONTENTS
                                  (continued)

<TABLE>
<CAPTION>
                                                                              Page
<S>                                                                           <C>
ARTICLE VI INDEMNITY...................................................        34

    6.1   Survival of Representations and Warranties Indemnity.........        34

    6.2   Indemnification by Seller Parties............................        34

    6.3   Indemnification by Buyer.....................................        36

    6.4   Procedure....................................................        37

    6.5   Set-off......................................................        38

ARTICLE VII NON-COMPETE & NONDISCLOSURE................................        38

    7.1   Non-compete..................................................        38

    7.2   Non-Solicitation.............................................        39

    7.3   Nondisclosure................................................        39

ARTICLE VIII EMPLOYEE MATTERS..........................................        40

    8.1   Employees....................................................        40

    8.2   Employee Obligations.........................................        40

    8.3   COBRA........................................................        40

    8.4   Vesting......................................................        41

    8.5   No Third Party Beneficiaries.................................        41

ARTICLE IX MISCELLANEOUS...............................................        41

    9.1   Notices......................................................        41

    9.2   Counterparts.................................................        42

    9.3   Section Headings.............................................        42

    9.4   Amendments; No Waivers.......................................        42

    9.5   Entire Agreement; No Assignment..............................        42

    9.6   Governing Law................................................        43

    9.7   Severability.................................................        43

    9.8   JURISDICTION.................................................        43

    9.9   Attorneys' Fees..............................................        43

ARTICLE X DEFINITIONS..................................................        43

    10.1  General......................................................        43

    10.2  Definitions..................................................        44
</TABLE>

Asset Purchase Agreement

                                      -ii-<PAGE>

                                                                   EXHIBIT 10.13

                                                               Execution Version

                            STOCK PURCHASE AGREEMENT

                                 by and between

                           DEALERTRACK HOLDINGS, INC.,

                                       and

                                BANK OF MONTREAL

                          Dated as of December 31, 2003

<PAGE>

                                                               Execution Version

                            STOCK PURCHASE AGREEMENT

            THIS STOCK PURCHASE AGREEMENT (this "AGREEMENT"), dated as of the
31st day of December, 2003, is entered into by and between DEALERTRACK HOLDINGS,
INC., a Delaware corporation (the "BUYER"), and BANK OF MONTREAL, a Canadian
chartered bank (the "SELLER").

                                   WITNESSETH:

            WHEREAS, the Seller owns 100% of the issued and outstanding shares
(the "SHARES") of the capital stock of dealer Access, Inc., a Delaware
corporation (the "COMPANY");

            WHEREAS, the Buyer desires to purchase from the Seller, and the
Seller desires to sell, the Shares;

            WHEREAS, as a result of the purchase of the Shares, the Buyer will
indirectly acquire (i) all of the capital stock of dealerAccess Canada, Inc.,
the wholly-owned subsidiary of the Company (the "SUBSIDIARY"), and (ii) all
rights, title and interest in and to the Intellectual Property (as defined in
Section 2.19(b)(viii)) held by the Company and the Subsidiary; and

            WHEREAS, in order to induce the Buyer to purchase the Shares from
the Seller, (i) the Buyer and the Seller will enter into the Non-Competition
Agreement (as defined in Section 4.1(a)) and (ii) the Seller and the Subsidiary
will enter into the Restated Customer Agreement (as defined in Section 4.1(c)),
each dated the date hereof.

            NOW, THEREFORE, in consideration of the foregoing and the
representations, warranties and agreements contained herein, the parties hereto
agree as follows:

                                    ARTICLE I

                       PURCHASE OF SHARES; PURCHASE PRICE

            SECTION 1.1 Purchase of Shares. Subject to and upon the terms and
conditions herein expressed, at the Closing (as defined in Section 1.4(a)), the
Buyer shall purchase, and the Seller shall sell, assign, transfer and deliver to
the Buyer, all of the Shares, free and clear of all liabilities, liens, charges,
pledges, security interests, encumbrances, easements, reservations, claims,
options, title defects and other restrictions of any nature whatsoever
(collectively, "LIENS") for the purchase price specified in Section 1.2 hereof.

            SECTION 1.2 Purchase Price. The aggregate purchase price (the
"PURCHASE PRICE") payable by the Buyer to the Seller for all of the Shares is
equal to US$2,903,682.72 less the amounts specified in Part A of the funds flow
chart (a copy of which is attached hereto as Schedule 1.2., which uses a foreign
exchange conversion rate equal to CAN $1.4120 per US $1.00 (which was the
foreign exchange conversion rate as published in The Wall Street Journal as of
May 5, 2003)), subject to adjustment as provided in Section 1.3. As between the
Buyer and the Seller, the Buyer and the Seller agree that no amount of the
Purchase Price shall be allocated to any of the obligations, covenants,
commitments, property rights or interests, or other matters referred to,
provided for or contained in the Non-Competition Agreement.

<PAGE>

            SECTION 1.3 Purchase Price Adjustment

            (a) Provided that the Seller does not cease providing the Portal
Services (as such term is defined in the Restated Customer Agreement) in the
normal course (which, for clarity, does not include any technical or other
temporary outage of the Portal (as such term is defined in the Restated Customer
Agreement)) and provided that post-Closing the Subsidiary uses its commercially
reasonable efforts to complete development of, and offer to its automotive
dealer customers integration with, the dealer management systems of Automatic
Data Processing, Inc, and/or The Reynolds and Reynolds Company, if:

                  (i) prior to December 31, 2006, the Seller submits one or more
on-line electronic credit applications on behalf of purchasers in respect of
Vehicles (as such term is defined in the Restated Customer Agreement) other than
recreational or marine type vehicles to any third-party business enterprise (a
"COMPETING ENTERPRISE") which offers services in Canada that are similar to the
credit application functionality provided on the Portal Service (and by so
doing, becoming an "ACTIVE CUSTOMER OF A COMPETING ENTERPRISE"); and

                  (ii) the aggregate volume of Funded Transactions (as such term
is defined in the Restated Customer Agreement) submitted by the Seller to the
Subsidiary through the Portal during the period beginning on January 1, 2004 and
ending on December 31, 2006 (the "BUYER VOLUME NUMBER") is less than 173,548,

then the Purchase Price shall, subject to Section 1.3(c), be adjusted downwards
by the amount determined by multiplying CAN$35 by the difference between 173,548
and the Buyer Volume Number.

            (b) Provided that the Seller does not cease providing the Portal
Services in the normal course (which, for clarity, does not include any
technical or other temporary outage of the Portal) and provided that
post-Closing the Subsidiary uses its commercially reasonable efforts to complete
development of, and offer to its automotive dealer customers integration with,
the dealer management systems of Automatic Data Processing, Inc. and/or The
Reynolds and Reynolds Company, if:

                  (i) prior to December 31, 2006, financialinx Corporation
becomes an Active Customer of a Competing Enterprise; and

                  (ii) the aggregate volume of Funded Transactions submitted by
financialinx Corporation to the Subsidiary through the Portal during the period
beginning on January 1, 2004 and ending on December 31, 2006 (the "FLINX VOLUME
NUMBER") is less than 136,342,

then the Purchase Price shall, subject to Section 1.3(c), be adjusted downwards
by the amount determined by multiplying CAN$33 by the difference between 136,342
and the flinx Volume Number.

            (c) Within ten (10) days after the date that either the Seller or
financialinx Corporation, as applicable, becomes an Active Customer of a
Competing Enterprise, the Seller shall provide written notice to the Buyer that:

                                       2

<PAGE>

                  (i) states whether Seller became an Active Customer of a
Competing Enterprise and, if so, the date on which such event occurred; and

                  (ii) states, to the best of its knowledge, whether
financialinx Corporation became an Active Customer of a Competing Enterprise and
if so, the date that such event occurred.

If the Seller becomes an Active Customer of a Competing Enterprise prior to
December 31, 2006, on or before January 31, 2007, the Buyer and the Seller
shall, acting reasonably, mutually determine the amount, if any, of the
adjustment to the Purchase Price that will be made in accordance with Section
1.3(a) above (a "PURCHASE PRICE ADJUSTMENT AMOUNT"). If financialinx Corporation
becomes an Active Customer of a Competing Enterprise prior to December 31, 2006,
on or before January 31, 2007, the Buyer and the Seller shall, acting
reasonably, mutually determine the amount, if any, of the adjustment to the
Purchase Price that will be made in accordance with Section 1.3(b) above (also a
"PURCHASE PRICE ADJUSTMENT AMOUNT"). If the parties determine that the Purchase
Price is to be adjusted pursuant to Section 1.3(a), Section 1.3(b) or Sections
1.3(a) and (b), the Seller shall pay to the Buyer the applicable Purchase Price
Adjustment Amount(s) within three (3) business days after such amount is
determined, in cash by wire transfer in immediately available funds to an
account designated by the Buyer; provided, however, that the Seller shall not be
obligated to pay any more than, and the maximum amount of the Purchase Price
Adjustment Amount(s) payable by the Seller under this Section 1.3 shall be,
CAN$1,600,000.

If the Seller and the Buyer do not agree on the Purchase Price Adjustment
Amount(s) by January 31, 2007, the Seller and the Buyer shall submit the issue
of determining the Purchase Price Adjustment Amount(s) to arbitration in
accordance with the provisions of Section 6.1(f) except that, with respect to
the resolution of disputes arising from this Section 1.3, all time periods
referred to in Section 6.1(f) shall be reduced to a period that is equal to
one-half of the stated time periods in Section 6.1(f).

            SECTION 1.4 The Closing.

            (a) The closing of the transaction contemplated by this Agreement
(the "CLOSING") shall take place at the offices of Kelley Drye & Warren LLP, 101
Park Avenue, New York, New York 10178, at 10:00 a.m., New York City time, on
December 31, 2003; upon which the Buyer and the Seller agree that the Closing
shall be deemed to have occurred, and the Shares transferred, at 12:01 a.m., New
York City time, on January 1, 2004, or at such other place, time or date as may
be mutually agreed upon in writing by the parties hereto (the "CLOSING DATE").

            (b) At the Closing, in addition to the Closing deliveries set forth
in Sections 4.1(q)and 4.2(j), the Buyer shall pay to the Seller the Purchase
Price in cash by wire transfer in immediately available funds to an account
designated by the Seller, and the Seller shall deliver to the Buyer the
certificates representing the Shares in accordance with Section 4.1(q)(i).

                                       3

<PAGE>

                                   ARTICLE II

                          REPRESENTATIONS OF THE SELLER

            The Seller represents and warrants to the Buyer that:

            SECTION 2.1 Organization. Each of the Seller, the Company and the
Subsidiary (which for purposes of this Article II shall include all of their
respective predecessor entities) is duly organized, validly existing and in good
standing under the laws of the state or province of its organization, and has
all requisite corporate power and authority to own and lease all of its
properties, to carry on its business as now being conducted, and with respect to
the Seller, to execute and deliver this Agreement and the agreements and
instruments being executed and delivered in connection herewith, and to
consummate the transactions contemplated hereby. Each of the Seller, the Company
and the Subsidiary is duly qualified to do business as presently conducted and
is in good standing in all jurisdictions in which its ownership of property or
the character of its business requires such qualification, except where the
failure to be so duly qualified or licensed and in good standing would not have
a material adverse effect on the business, prospects, properties, assets,
condition (financial or otherwise) or operations (a "MATERIAL ADVERSE EFFECT")
of the Company or the Subsidiary. The Subsidiary is a "private company", as
defined in the Securities Act, R.S.O. 1990 c-85 (Ontario). Schedule 2.1 sets
forth a true, correct and complete list of all of the jurisdictions in which
each of the Company and the Subsidiary is, or has been, qualified to do
business.

            SECTION 2.2 Authorization; Non-Contravention. The Seller has the
requisite capacity, power and authority to execute and deliver this Agreement,
the Non-competition Agreement, the Restated Customer Agreement and the other
agreements, certificates and instruments being executed and delivered in
connection herewith (collectively, the "RELATED AGREEMENTS") to which it is a
party and to consummate the transactions contemplated hereby and thereby. The
execution and delivery of this Agreement and the Related Agreements to which it
is a party by the Seller, and the consummation by the Seller of the transactions
contemplated hereby and thereby, have been duly authorized by all requisite
corporate action. This Agreement and the Related Agreements to which it is a
party will constitute the valid and legally binding obligations of the Seller,
enforceable against the Seller in accordance with their respective terms. The
execution, delivery and performance by the Seller of this Agreement and the
Related Agreements to which it is a party, and the consummation of the
transactions contemplated hereby and thereby, will not, with or without the
giving of notice or the passage of time or both (a) violate the provisions of
any law, rule or regulation applicable to the Seller; (b) violate the provisions
of the charter documents of the Company, the Subsidiary, or the Seller; (c)
violate any judgment, decree, order or award of any foreign or domestic court or
tribunal, administrative agency, arbitrator, governmental authority or body (a
"GOVERNMENTAL AUTHORITY"); or (d) conflict with or result in a material breach
or termination of any term or provision of, or constitute a material default
under, or cause any acceleration under, or cause the creation of any Lien upon
the properties or assets of the Company or the Subsidiary pursuant to, any
indenture, mortgage, deed of trust or other instrument or agreement (including
any employment agreement) to which the Seller is a party or by which the Seller
or any of its properties is or may be bound. Schedule 2.2 sets forth a true,
correct and complete list of all consents, approvals, permissions, licenses,
authorizations, filings, notifications and other

                                       4

<PAGE>

requirements prescribed by law, rule, regulation or by contract in connection
with the consummation by the Seller of the transactions contemplated by this
Agreement. All such items have been obtained and/or satisfied by the Seller.
Neither the Company nor the Subsidiary is in violation of any term of its
certificate of incorporation or bylaws or other organizational documents.

            SECTION 2.3 Capital Stock; Subsidiaries.

            (a) As of the date hereof (i) the authorized capital stock of the
Company consists of 1,678,200 shares of common stock, par value US$0.01 per
share, 1,000,000 shares of which are issued and outstanding, and 251,700 shares
of non-voting common stock, par value US$0.01 per share, none of which are
issued and outstanding; and there are no other shares of preferred stock or
other equity securities authorized, issued or outstanding; and (ii) the
authorized capital stock of the Subsidiary consists of an unlimited number of
common shares and an unlimited number of preferred shares, of which 8,355,000
common shares are issued and outstanding (the "SUBSIDIARY SHARES"); and there
are no other shares of preferred stock or other equity securities authorized,
issued or outstanding. As of the date hereof, the Company has reserved 251,700
shares of its non-voting common stock for issuance upon exercise of stock
options under the Company's stock option plan and the Company has granted
options for the purchase of an aggregate of 55,000 shares of the Company's
non-voting common stock. As at Closing, all issued and outstanding options for
the purchase of non-voting common stock of the Company shall be cancelled,
terminated and of no further force or effect. All of the Shares and Subsidiary
Shares are duly authorized, validly issued, fully paid, non-assessable and free
of any preemptive or similar rights with respect thereto. There are no bonds,
debentures, notes or other indebtedness having the right to vote (or convertible
into securities having the right to vote) on any matters on which stockholders
of the Company and/or the Subsidiary may vote ("VOTING DEBT") issued or
outstanding. As at Closing, there will be no options, warrants, calls,
subscriptions or other rights or other agreements or commitments of any
character relating to the issued or unissued capital stock of the Company and/or
the Subsidiary or obligating the Company and/or the Subsidiary to issue,
transfer or sell or cause to be issued, transferred or sold any shares of
capital stock or Voting Debt of, or other equity interests in, the Company
and/or the Subsidiary or securities convertible into or exchangeable for such
shares or equity interests or obligating the Company and/or the Subsidiary to
grant, extend or enter into any such option, warrant, call, subscription or
other right, agreement or commitment. Other than as set forth herein, there are
no outstanding contractual obligations of the Company and/or the Subsidiary to
repurchase, redeem or otherwise acquire any shares of capital stock of the
Company and/or the Subsidiary. The Seller is the sole stockholder of the Company
and beneficially owns the Shares free and dear of any Liens and the Shares were
authorized, offered, issued and sold in compliance with all applicable federal,
provincial and state securities laws and applicable corporate laws and at the
Closing, the Seller shall effectively transfer to the Buyer good and marketable
title to all of the Shares owned by the Seller, free and clear of any Liens. The
Company is the sole stockholder of the Subsidiary and beneficially owns the
Subsidiary Shares free and clear of any Liens; and the Subsidiary Shares were
authorized, offered, issued and sold in compliance with all applicable federal,
provincial and state securities laws and applicable corporate laws. The stock
ledger of each of the Company and the Subsidiary accurately reflects all
issuances and transfers of each of the Company's and the Subsidiary's capital
stock since the date of its respective incorporation.

                                       5

<PAGE>

            (b) Other than the Subsidiary, the Company does not own any capital
stock of, or own or control, directly or indirectly, any other corporation,
partnership, association or business entity of any kind, in any form, or of any
nature or has any option for the same. The Company is not a participant in any
joint venture, partnership, or similar arrangement or has any option for the
same. The Subsidiary does not own any capital stock of, or own or control,
directly or indirectly, any other corporation, partnership, association or
business entity of any kind, in any form, or of any nature or has any option for
the same. The Subsidiary is not a participant in any joint venture, partnership,
or similar arrangement or has any option for the same.

            SECTION 2.4 Ownership and Sufficiency of the Assets. Except as set
forth on Schedule 2.4, each of the Company and the Subsidiary has good and
marketable title to all of its assets, free and clear of any and all Liens. The
assets currently owned, leased or licensed by the Company and the Subsidiary, as
the case maybe, are all of the assets (whether real, personal, tangible or
intangible) that are necessary for the continued conduct of its business as
presently conducted. Such assets (a) are suitable for the purposes for which
they are currently used or are held for use, (b) are in good repair and
operating condition (subject to normal wear and tear) and (c) have been
maintained in accordance with normal industry practice; and, there are no facts
or conditions affecting such assets which could, individually or in the
aggregate, interfere in any material respect with the use, occupancy or
operation thereof as currently used, occupied or operated, or their suitability
for such use; provided, however, in order to provide for future enhancements and
maintainability, a full redevelopment of the multi-lender portal for the
Subsidiary is underway. Except for assets sold in the ordinary course of
business consistent with prior practice since November 30, 2003, each of the
Company and the Subsidiary has good and indefeasible title to all property,
plant and equipment reflected as owned by the Company and the Subsidiary in the
Financial Statements (as defined in Section 2.5(a)).

            SECTION 2.5 Financial Statements.

            (a) (a) The Seller has previously delivered to the Buyer (i) the
audited consolidated balance sheets of the Company and the Subsidiary as of
October 31, 2002 and 2001, and the related consolidated statement of operations,
consolidated statements of retained earnings (deficits), consolidated statements
of cash flow and notes to the consolidated financial statements of the Company
for each of the fiscal years then ended (collectively, the "FY 02 FINANCIAL
STATEMENTS"); (ii) the unaudited consolidated balance sheet of the Company and
the Subsidiary as of October 31, 2003 and the related consolidated statement of
earnings and consolidated cash flow statements of the Company and the Subsidiary
for the twelve months then ended; and (iii) the unaudited consolidated balance
sheet of the Company and the Subsidiary as of November 30, 2003 (the "CURRENT
BALANCE SHEET") and the related consolidated statement of earnings and
consolidated cash flow statements of the Company and the Subsidiary for the one
month period then ended ((ii) and (iii) collectively, the "CURRENT FINANCIAL
STATEMENTS"; the FY 02 Financial Statements and the Current Financial Statements
are collectively referred to herein as the "FINANCIAL STATEMENTS").

            (b) The Financial Statements (including the notes thereto) have been
based on and are prepared in accordance with the books and records of the
Company and the Subsidiary

                                       6

<PAGE>

and represent only actual bona fide transactions. Other than any adjustments to
be made to the Current Financial Statements which are consistent with the tax
adjustments specified in Schedule 2.5, the Financial Statements are accurate and
complete in all material respects, have been prepared in accordance with
accounting principles generally accepted in Canada consistently applied ("GAAP")
and fairly present, as of their respective dates, the financial condition,
retained earnings, assets and liabilities of the Company and the Subsidiary and
the results of operations of the business of the Company and the Subsidiary for
the periods indicated; the Financial Statements contain and reflect adequate
reserves for all reasonably anticipated material losses and costs and expenses;
provided, however, that the Current Financial Statements are subject to year-end
adjustments (which will not be material individually or in the aggregate) and
lack footnotes and other presentation items.

            SECTION 2.6 Absence of Undisclosed and/or Unrecorded Liabilities.
Except as and to the extent (a) reflected and reserved against on the face of
the Current Balance Sheet (rather than in any notes thereto); (b) incurred in
the ordinary course of business (and not resulting from, arising out of,
relating to, in the nature of, or caused by any breach of contract, breach of
warranty, tort, infringement, or violation of law) after the date of the Current
Balance Sheet; or (c) described in this Agreement or in any of the Schedules
hereto, neither the Company nor the Subsidiary has any liabilities or
obligations of any nature (whether secured or unsecured, accrued, absolute,
contingent, unasserted or otherwise). Except as set forth on Schedule 2.6, no
facts or circumstances exist that could reasonably be expected to serve as the
basis for any claim or liability of any nature of or against the Company or the
Subsidiary (x) that are not adequately reflected or reserved against in the
Current Balance Sheet; or (y) that have arisen since the date of the Current
Balance Sheet, in each case other than liabilities or claims which have been
incurred or arisen in the ordinary course of business (and are not reasonably
likely to result in a Material Adverse Effect on the Company or the Subsidiary)
or are described in this Agreement or in any of the Schedules hereto.

            SECTION 2.7 Litigation. Except as set forth on Schedule 2.7, neither
the Seller, the Company nor the Subsidiary is a party to, nor to the Seller's
knowledge, threatened with any litigation, suit, action, complaint, grievance,
allegation, investigation, proceeding, prosecution or controversy or claim
(collectively, the "CLAIMS") before any Governmental Authority relating to or
affecting the Company or the Subsidiary or their respective business,
properties, condition (financial or otherwise) or prospects of the Company or
the Subsidiary and to the best of the Seller's knowledge, no basis exists for
any such Claims, including but not limited to the Claims of David Trinder and
Michael Basler arising from the revocation of their participation in Seller's
stock option program. Neither the Seller, the Company nor the Subsidiary is in
violation of or in default with respect to any judgment, order, writ,
injunction, decree or rule of any Governmental Authority where such violation or
default would have a Material Adverse Effect on the Company or the Subsidiary.
None of the matters listed on Schedule 2.7 could reasonably be expected to have,
either individually or in the aggregate, a Material Adverse Effect on the
Company or the Subsidiary. With respect to all payments to be paid to current or
former employees after the Closing, the Seller has provided the Buyer with true,
correct and complete copies or summaries of all settlements negotiated with such
current or former employees including a summary of amounts paid to such persons
and the payment schedule for such amounts, including the amount and date due of
each payments that will be due after the Closing.

                                       7

<PAGE>

            SECTION 2.8 Insurance. The insurance coverage for each of the
Subsidiary and the Company prior to Closing is as set out in Schedule 2.8 (the
"INSURANCE POLICIES"). All premiums due on the Insurance Policies or renewals
thereof have been paid, and there is no default under any of the Insurance
Policies. Upon Closing, all coverage under the Insurance Policies for or related
to the Company and the Subsidiary will be terminated. With respect to those
Insurance Policies that are "occurrence" policies, Seller has no reason to
believe that the Subsidiary will not be able to make a claim against such
Insurance Policies for events or circumstances that have occurred prior to the
Closing Date.

            SECTION 2.9 Fixed Assets. Schedule 2.9 sets forth a true, correct
and complete list of all fixed assets of the Company and the Subsidiary
(including all equipment subject to lease or vendor financing) as of the date of
the Current Balance Sheet, including a description and the book value net of
accumulated depreciation on an aggregate basis with respect to all fixed assets.
The fixed assets of the Company and the Subsidiary are sufficiently operational
to enable the Buyer to conduct the business of the Company and the Subsidiary in
essentially the same manner in which it has heretofore been conducted.

            SECTION 2.10 Real Estate Leases. Neither the Company nor the
Subsidiary owns or has owned any real property in the United States or Canada
and neither the Company nor the Subsidiary does, or has, leased or licensed any
real property in the United States. Schedule 2.10 sets forth as of the date
hereof a description of the material terms of the only lease or license of real
estate (the "LEASE") to which the Subsidiary is a party as lessee, licensee or
tenant and which the Subsidiary uses in the operations of its business. The
Company is not a party to any lease or license of real estate, as lessee,
licensee or tenant. Other than the rent amount, there are no other terms under
the Lease. Any changes to the lease arrangement under the Lease can be made by
either party under the Lease upon reasonable notice to the other party thereto.
Neither the Company nor the Subsidiary is obligated to pay any leasing or
brokerage commission relating to the Lease and will not have any enforceable
obligation to pay any leasing or brokerage commission upon the renewal or
extension of the Lease. No material construction, alteration or other leasehold
improvement work with respect to the Lease remains to be paid for or to be
performed by any party under the Lease. Each of the Company and the Subsidiary
enjoys peaceful and undisturbed possession under the Lease. The Lease does not
impose any restrictions that would materially interfere with the continued
operation of the business of the Subsidiary as currently conducted on the
property that is the subject of the Lease. There is no pending or, to the
knowledge of the Seller, threatened expropriation or condemnation that will or
may affect the property that is the subject of the Lease.

            SECTION 2.11 Change in Financial Condition and Assets. Since
November 30, 2003 (the "BALANCE SHEET DATE"), except as set forth on Schedule
2.11, there has been no material adverse change in the assets or the business,
properties, condition (financial or otherwise), operations, results of
operations or prospects of the Company or the Subsidiary nor any fluctuation in
employees employed by the Company. Other than any adjustments to be made to the
Current Financial Statements which are consistent with the tax adjustments
specified in Schedule 2.5, there is no existing or, to the knowledge of the
Seller, threatened occurrence, event or development related to the assets,
properties, condition (financial or otherwise), operations, results of
operations or prospects of the business of the Company or the Subsidiary that
could reasonably be expected to have a Material Adverse Effect on the Company or
the Subsidiary;

                                       8

<PAGE>

provided, however, in order to provide for future enhancements and
maintainability, a full redevelopment of the multi-lender portal for the
Subsidiary is underway.

            SECTION 2.12 Accounts Receivable; Accounts Payable.

            (a) The Seller has previously supplied to the Buyer a true, correct
and complete list of all of the accounts receivable of the Company and the
Subsidiary, including an aging thereof, as of the Balance Sheet Date. All
accounts receivable reflected on the face of the Current Balance Sheet (rather
than in any notes thereto) and/or on the accounting records of the Company or
the Subsidiary, as the case may be, as of the date hereof (collectively, the
"ACCOUNTS RECEIVABLE") (i) arose from bona fide sales transactions in the
ordinary course of business and are payable on ordinary trade terms, (ii) are
legal, valid and binding obligations of the respective debtors enforceable in
accordance with their respective terms, (ii) are not subject to any valid
set-off or counterclaim, (iv) do not represent obligations for goods sold on
consignment, on approval or on a sale-or-return basis or subject to any other
repurchase or return arrangement, (v) are collectible in the ordinary course of
business within no more than ninety (90) days of the date of invoice in the
aggregate recorded amounts thereof, using normal collection procedures, net of
the reserve for doubtful accounts and returns as set forth on the Current
Balance Sheet, which reserve is adequate and was calculated in accordance with
GAAP, (vi) are not the subject of any actions or proceedings brought by or on
behalf of the Company or the Subsidiary or by the account debtor, and (vii) have
not been pledged as collateral by the Company or the Subsidiary or subject to
any Liens. The Seller has no knowledge of any facts or circumstances generally
that would be reasonably likely to result in any material increase in the
uncollectability of the Accounts Receivable in excess of the reserves therefor
set forth on the Current Balance Sheet. Since the Balance Sheet Date, the Seller
has not accelerated, and has not permitted the Company or the Subsidiary to
accelerate, the rate of collection of the Accounts Receivable.

            (b) The Seller has previously supplied to the Buyer a true, correct
and complete list of all of the Company's and the Subsidiary's accounts payable
(collectively, the "ACCOUNTS PAYABLE") as of the Balance Sheet Date, showing the
name of each account creditor and the amount due to each by invoice number and
date. Since the Balance Sheet Date, other than in the ordinary course of
business, but in no event for a period in excess of 45 calendar days, and other
than payments owed by the Subsidiary to financiaLinx Corporation as referred to
in Sections 6.1(b)(ii)(6)(A) and 6.1(b)(ii)(6)(B), the Seller has not delayed,
and has not permitted the Company or the Subsidiary to delay, the rate of
payment of the Accounts Payable.

            SECTION 2.13 Books and Records; Bank Accounts, Powers, etc.

            (a) Other than any adjustments to be made to the Current Financial
Statements which are consistent with the tax adjustments specified in Schedule
2.5, and except for any corrections that may be required as a result of a sales
tax audit and an employee health tax review currently being undertaken, the
general ledgers and books of account of the Company and the Subsidiary with
respect to its business, all federal, state, provincial and local or foreign
income, property and other Tax Returns (as defined in Section 2.26(d) filed by
the Company and the Subsidiary with respect to their respective assets and all
other books and records of the Company and the Subsidiary with respect to their
respective business are complete and correct in

                                       9

<PAGE>

all material respects and have been maintained in accordance with good business
practice and in accordance with all applicable procedures required by laws and
regulations.

            (b) Schedule 2.13(b) lists each bank, trust company, savings
institution, brokerage firm, mutual fund or other financial institution with
which the Company or the Subsidiary have an account or safe deposit box, the
account number of all accounts maintained there and the names and identification
of all Persons authorized to draw thereon or to have access thereto, and lists
the names of each Person holding powers of attorney or agency authority from the
Company and the Subsidiary and a summary of the terms thereof.

            (c) Each of the Company and the Subsidiary has records that reflect
its material transactions since June 1, 2001, and accounting controls sufficient
to insure that such material transactions are (A) executed in accordance with
management's general or specific authorization and (B) recorded in conformity
with GAAP so as to maintain accountability for their respective assets. Such
records, to the extent they contain important information that is not easily and
readily available elsewhere are stored safely and securely pursuant to
procedures and techniques utilized by companies of comparable size in similar
lines of business.

            (d) Except as set forth in Schedule 2.13(d), the minute books of the
Company and the Subsidiary accurately reflect all material actions and
proceedings taken to date by their respective stockholders, board of directors
and committees and such minute books contain true and complete copies of the
charter documents of the Company and the Subsidiary and all related amendments
thereto. The stock record books of the Company and the Subsidiary reflect
accurately all transactions in its capital stock of all classes. True, accurate
and complete copies of the minute books and stock ledger of the Company and the
Subsidiary have been made available to Buyer.

            SECTION 2.14 Contracts and Commitments.

            (a) Schedule 2.14(a) contains a true, complete and correct list of
all material contracts and agreements (the "CONTRACTS"), whether written or oral
or a combination thereof and whether the terms of which are express or implied,
which relate to the operation of the Company and the Subsidiary, including the
following:

                  (i) all loan agreements (including, without limitation,
agreements evidencing vendor supplied financing), indentures, mortgages and
guaranties to which the Company is a party or by which the Company or the
Subsidiary or any of their respective property is bound;

                  (ii) all pledges, conditional sale or title retention
agreements, security agreements, equipment obligations, personal property leases
and lease purchase agreements relating to any of the assets of the Company and
the Subsidiary to which the Company and the Subsidiary is a party or by which
the Company or the Subsidiary or any of their respective property is bound;

                  (iii) all contracts, agreements, commitments, purchase orders
(other than merchandise deliveries to customers in the normal course of business
upon standard terms) or other understandings or arrangements to which the
Company and the Subsidiary is a party or

                                       10

<PAGE>

by which the Company or the Subsidiary or any of their respective property is
bound which (A) involve payments or receipts by it of more than CAN$5,000 in the
case of any single contract, agreement, commitment, understanding or arrangement
under which full performance (including payment) has not been rendered by all
parties thereto or (B) could have a Material Adverse Effect on the Company or
the Subsidiary;

                  (iv) all collective bargaining agreements, employment and
consulting agreements, independent contractor agreements, agreements with
temporary placement agencies, non-competition agreements, trust agreements,
confidentiality agreements, bonus structures termination and/or severance
benefits, employment policies, manuals, procedures or commitments or
non-solicitation agreements, formal or informal to which the Company or the
Subsidiary is a party or by which the Company or the Subsidiary or any of their
respective property is bound, including but not limited to policies regarding
holidays, education, vacation, termination and severance pay, automobile
allowances, company provided automobiles and expense reimbursements;

                  (v) all agency, distributor, sales representative and similar
agreements to which the Company is a party;

                  (vi) all contracts, agreements or other understandings or
arrangements, whether written or oral, between the Company or the Subsidiary and
any director, stockholder, employee, officer or Affiliate of the Company or the
Subsidiary;

                  (vii) all leases, whether operating, capital or otherwise,
under which the Company or the Subsidiary is lessor or lessee;

                  (viii) all licenses of Intellectual Property and other
contracts and agreements pursuant to which license fees or royalties are paid;
and

                  (ix) any other material agreement or contract entered into by
the Company or the Subsidiary.

            (b) Except as specifically disclosed in reasonable detail on
Schedule 2.14(b):

                  (i) each Contract is in full force and effect and is a legal,
valid and binding agreement of the Company or the Subsidiary, enforceable
against it in accordance with its respective terms, and the Seller, the Company
and the Subsidiary have no knowledge that any Contract is not a valid and
binding agreement of the other parties thereto;

                  (ii) each of the Company and the Subsidiary has fulfilled all
material obligations required pursuant to the Contracts to have been performed
by it prior to the date hereof;

                  (iii) each of the Company and the Subsidiary is not in breach
of or in default of any material obligation under any Contract, and no event has
occurred which with the passage of time or giving of notice or both would
constitute such a default, result in a loss of rights or result in the creation
of a Lien thereunder or pursuant thereto;

                                       11

<PAGE>

                  (iv) to the Seller's knowledge, there is no existing breach or
default of any material obligation by any other party to any Contract, and no
event has occurred which with the passage of time or giving of notice or both
would constitute such a default by such other party, result in a loss of rights
or result in the creation of any lien, charge or encumbrance, or permit
termination, modification, or acceleration thereunder or pursuant thereto; and

                  (v) each of the Company and the Subsidiary has not, and to the
Seller's knowledge, no other party has repudiated any provision under any
Contract; and

                  (vi) each of the Company and the Subsidiary is not restricted
by any Contract from carrying on its business anywhere in North America.

            (c) Except for the Dealer Usage Agreements identified in Appendix 1
to Schedule 2.14(a), true, correct and complete copies of all of the Contracts
set forth on Schedule 2.14(a) including all amendments thereto, and accurate
descriptions of all material terms of all oral agreements, have been delivered
to the Buyer. A true, correct and complete copy of the standard form Dealer
Usage Agreement has been delivered to the Buyer.

            SECTION 2.15 Permits; Compliance with Laws.

            (a) Each of the Company and the Subsidiary has all requisite
licenses, permits, certificates and other approvals, including health and safety
permits, from federal, state, provincial, local and foreign authorities
necessary to conduct its business (collectively the "PERMITS"). Schedule 2.15(a)
sets forth a true, correct and complete list of all of the Permits, copies of
which have been delivered by the Seller to the Buyer. Neither the Company nor
the Subsidiary has engaged in any activity which would cause or permit
revocation or suspension of any Permit, and no action or proceeding looking to
or contemplating the revocation or suspension of any Permit is pending or
threatened. There are no existing defaults or events of default or events or
state of facts which with notice or lapse of time or both would constitute a
default by the Company or the Subsidiary under any Permit. Except as set forth
in Schedule 2.15(a), the consummation of the transactions contemplated by this
Agreement will in no way affect the continuation, validity or effectiveness of
the Permits or require the consent of any third party under any such Permit.

            (b) Each of the Company and the Subsidiary is and has been in
compliance in all material respects with all applicable laws, regulations or
ordinances. The business of the Company and the Subsidiary does not violate, in
any material respect, any federal, state, provincial, local or foreign laws,
regulations or orders. Neither the Seller, the Company nor the Subsidiary have
received any notice or communication from any federal, state, foreign,
provincial or local governmental or regulatory authority or otherwise alleging
any such violation or noncompliance and have received any notice prior to such
time of any violation that has not been cured.

            SECTION 2.16 Employee Benefits.

            (a) Scheduled 2.16(a) lists (and identifies the sponsor of) each
material "EMPLOYEE PENSION BENEFIT PLAN" as that term is defined in Section 3(2)
of the Employee Retirement Income Security Act of 1974, as amended ("ERISA"),
each material "EMPLOYEE

                                       12

<PAGE>

WELFARE BENEFIT PLAN", as that term is defined in Section 3(1) of ERISA (such
plans being hereinafter referred to collectively as the "ERISA PLANS"), and each
other material pension plan, deferred compensation plan, retirement plan,
retirement income plan, retirement compensation arrangement, trust agreement,
executive compensation plan, incentive compensation plan, stock option or stock
purchase plan, profit sharing plan, money purchase plan, bonus plan or policy,
vacation pay plan, employee group insurance plan, hospitalization plan,
disability plan, unemployment benefit, savings, medical, dental, post-retirement
medical, accident, weekly income, salary continuation, health, life or other
insurance plan, or other employee benefit plan, program, agreement, commitment
or arrangement, formal or informal, maintained or contributed to by the Seller,
the Company or the Subsidiary in respect of or for the benefit of the
Subsidiary's employees, as of the date of this Agreement as to which the Company
or the Subsidiary are a party (collectively referred to hereinafter as the
"BENEFIT PLANS"). Except as set forth in Schedule 2.16(a), there are no
employment, severance, termination or similar-type agreements between the
Seller, the Company and the Subsidiary and any of the Company's or the
Subsidiary's employees, directors, consultants or independent contractors.

            (b) Except as otherwise disclosed in Schedule 2.16(b), the
execution, delivery and performance of this Agreement will not directly result
now or at any time in the future in the payment to any of the Company's or the
Subsidiary's employees, directors, consultants or independent contractors of any
severance, termination, or similar-type payments or benefits. Except as set
forth in Schedule 2.16(b) or liabilities under Benefit Plans accrued in the
Financial Statements, neither the Company nor the Subsidiary have, or are
subject to, any present or future liability under Benefit Plans for events
arising prior to the Closing Date.

            (c) True and complete copies of all Benefit Plans set forth on
Schedule 2.16(a) including all amendments thereto and where such Benefit Plans
are oral commitments, written summaries of the terms thereof, have been provided
to the Buyer. There have been no actuarial reports related to the Benefit Plans
prepared or filed with any regulatory agency within three (3) years prior to the
date hereof.

            (d) No pension plan is, or has been, offered or provided to
employees, directors, consultants or independent contractors of the Company or
the Subsidiary in the Benefit Plans or otherwise.

            (e) There are no pending Claims by any current or former employee,
including, without limitation, any current or former employee covered under the
Benefit Plans or by any other person, which allege a breach of fiduciary duties
or violation of governing law or which may result in liability to the Buyer, the
Company or the Subsidiary and to the best of the knowledge of the Seller, there
is no basis for such a claim. No former employees of the Seller, the Company or
the Subsidiary are receiving from the Company or the Subsidiary any pension or
retirement payments, and no employees, directors, consultants or independent
contractors of the Company or the Subsidiary are entitled to receive any
retirement payments.

            (f) None of the Company's or the Subsidiary's employees are
represented by a labor union, labor organization or employee association, and
the Company and the Subsidiary are not subject to any collective bargaining
agreement covering any of their respective employees. There are currently no
grievances, arbitrations, strikes, slowdowns, work stoppages

                                       13

<PAGE>

or lockouts by or with respect to any of the Company's or the Subsidiary's
employees. To the knowledge of the Seller, during the twelve (12) months
preceding the date of this Agreement, there have not been any union
organizational campaigns by or directed at the Company's or the Subsidiary's
employees.

            (g) The list provided by the Seller to the Buyer sets out, as at
December 12, 2003, the names of all of the Subsidiary's employees, their job
title, date of hire, any periods of prior employment, vacation entitlement, rate
of remuneration (including bonus and commission entitlement, if any, accrued,
owed or promised prior to the Closing Date), level of participation in employee
Benefit Plans and whether the employee is actively at work or on disability,
pregnancy, parental or other authorized leave or is receiving workers'
compensation benefits or short term or long term disability benefits.

            (h) The Subsidiary is provincially regulated for employment purposes
and has been treated by the Seller as subject to provincial employment laws.

            SECTION 2.17 Absence of Certain Changes or Events. Except as set
forth on Schedule 2.17, since the Balance Sheet Date, neither the Seller, the
Company nor the Subsidiary have taken any action, or omitted to take any action,
other than in the ordinary course of business; and, without limiting the
generality of the foregoing, neither the Seller, the Company nor the Subsidiary
have:

            (a) Mortgaged, pledged or otherwise subjected any of the Company's
or the Subsidiary's assets to a Lien;

            (b) Sold or purchased, assigned or transferred any of the Company's
or the Subsidiary's Intellectual Property;

            (c) Made any material amendment to or terminated any Contract or
done any act or omitted to do any act which would cause the breach of any
Contract;

            (d) Suffered any casualty losses, whether insured or uninsured, and
whether or not in the control of the Company or the Subsidiary, in excess of Ten
Thousand Dollars (CAN$10,000), or waived any rights of any value unless such
loss or waiver is reflected in the Financial Statements;

            (e) Received notice of any litigation, warranty claim, or other
Claims relating to the business of the Company or the Subsidiary;

            (f) Sold, assigned, disposed of, transferred, leased or subleased,
or agreed to sell, assign, dispose of, transfer, lease or sublease, any of the
Company's or the Subsidiary's assets, other than in the ordinary course of
business consistent with past practices;

            (g) Canceled, compromised, modified or waived any debts or claims in
an owing to the Company or the Subsidiary;

                                       14

<PAGE>

            (h) Suffered any damage, destruction or loss to the Company's or the
Subsidiary's assets or suffered any repeated, recurring or prolonged shortage,
cessation or interruption of business and operations;

            (i) Increased or decreased the number of employees employed by the
Company or the Subsidiary, made or granted any increase with respect to any
wages, salaries, bonuses, commissions or other compensation except pursuant to
currently existing contractual arrangements; made any advance or loan to any of
the Company's or the Subsidiary's employees, directors or officers other than
normal travel advances in the ordinary course of business consistent with past
practices, or made any increase in, or any addition to, other benefits including
Benefit Plans to which any of the Company's or the Subsidiary's employees,
directors, consultants or independent contractors may be entitled except
pursuant to pre-existing contractual arrangements or as required by the
Employment Standards Act (Ontario) and other similar statutes;

            (j) Changed any of the accounting principles or practices, followed
by the Company or the Subsidiary or the methods (including methods of making
estimates) of applying such principles or practices;

            (k) Issued or sold any of the Company's or the Subsidiary's capital
stock or any other equity securities or any debt securities or granted any
subscriptions, options, warrants, rights, calls, commitments, understandings or
agreements of any nature or kind granting to any natural person, corporation or
other entity of any kind or nature ("PERSON") any interest or right to purchase
or otherwise acquire or relating to the issuance of any of its capital stock or
other equity securities or debt securities, including without limitation any
rights of conversion or exchange under any outstanding securities or other
instruments;

            (l) Made any capital expenditures made in excess of CAN$10,000, in
the aggregate, which has not been paid for in full in cash prior to the date
hereof;

            (m) Made any material changes in policies or practices relating to
selling practices, returns, discounts or other terms of sale or accounting
therefor or in policies of employment;

            (n) Delayed payment of any trade payables or other accounts payable
or obligations, or made any other cash payments other than in the ordinary
course of business;

            (o) Failed to maintain all of the tangible properties and assets
owned, leased, occupied, operated or used in connection with the business of the
Company or the Subsidiary in good repair, working order and operating condition,
subject only to ordinary wear and tear;

            (p) Failed to use the Company's or the Subsidiary's best efforts to
keep in full force and effect insurance comparable in amount and scope of
coverage to insurance now carried in connection with their respective business;

            (q) Declared, set aside or paid any dividend or made or agreed to
make any other distribution or payment in respect of the Company's or the
Subsidiary's capital stock, or

                                       15

<PAGE>

redeemed, purchased, retired or otherwise acquired, or agreed to redeem,
purchase, retire or otherwise acquire, any of their respective capital stock; or

            (r) Taken any action or omitted to take any action that would result
in the occurrence of any of the foregoing.

            SECTION 2.18 Lender Customers. Schedule 2.18 sets forth the names of
all current lender customers who have entered into a financial institution
agreement with the Subsidiary for the provision by the Subsidiary of certain
portal services to such lender customers, and the amount for which each such
lender customer was invoiced during the thirteen (13) month period ended on
November 30, 2003. Except for Royal Bank of Canada and financiaLinx Corporation
and except to the extent any lender customer may enter into a business
relationship with Curomax Corporation as a result of Royal Bank of Canada doing
so, neither the Company nor the Subsidiary has received any written notice or,
to the knowledge of each of Lloyd Darlington, Heather Baird and Jennifer Fang of
the Seller, has any reason to believe either the Company or the Subsidiary will
receive any notice under any financial institution agreement between the
Subsidiary and the lender customer that any such lender customer (i) has ceased,
or will cease, its business with the Company or the Subsidiary, (ii) has
substantially reduced, or will substantially reduce, its business with the
Company or the Subsidiary or (iii) has sought, or is seeking, to reduce the
price it will pay for the Company's or the Subsidiary's products, goods or
services. No such lender customer has otherwise taken or threatened to take any
action described in the preceding sentence as a result of the consummation of
the transactions contemplated hereby. Except as set forth on Schedule 2.18, all
consents from lender customers required under the financial institution
agreements for the consummation of the transactions contemplated hereby have
been obtained.

            SECTION 2.19 Intellectual Property.

            (a) Schedule 2.19 sets forth a complete and accurate list of all
federal, state, provincial and foreign patents, patent applications, trademarks
and service marks (including any registrations and applications therefor), trade
names, brand names, copyright registrations and applications therefor, Internet
domain names and corporate and business names owned by the Company and the
Subsidiary, as the case may be, and used in their respective business (the
"OWNED INTELLECTUAL PROPERTY"). Schedule 2.19 sets forth a complete and accurate
list and description of all federal, state, provincial and foreign patents,
patent applications, trademarks and services marks (including registrations and
applications therefor), trade names, brand names, copyright registrations and
applications therefor, Internet domain names, corporate and business names and
other Intellectual Property that the Company and the Subsidiary, as the case may
be, has a right to use in its business (pursuant to license agreements,
intercompany arrangements or otherwise), excluding click-wrap, shrink-wrap and
commercial off-the-shelf software purchased or licensed by the Company or the
Subsidiary (the "LICENSED RIGHTS").

            (b) Except as specifically set forth in Schedule 2.19, each of the
Company and the Subsidiary owns and has the full right to use all of its Owned
Intellectual Property (the "INTELLECTUAL PROPERTY RIGHTS").

                                       16

<PAGE>

                  (i) Except as set forth in Schedule 2.19, the Intellectual
Property Rights are free of any Liens, are not subject to any license
(royalty-bearing or royalty-free) and are not subject to any other arrangement
requiring any payment to any Person or the obligation to grant rights to any
Person other than Liens, licenses and any other arrangements or obligations
imposed, entered into or undertaken in the ordinary course of business, and
except as contemplated by this Agreement and the Related Agreements and the
transactions contemplated hereby and thereby. Except as set forth on Schedule
2.19, the Licensed Rights are free and clear of any Liens other than Liens
imposed on a Licensed Right pursuant to the agreement creating such Licensed
Right or any sublicense of such Licensed Right.

                  (ii) Except as set forth in Schedule 2.19, the Intellectual
Property Rights as of the date of this Agreement have been registered in, filed
in or issued by the United States Patent and Trademark Office, the United States
Copyright Office, the Canadian Copyright Office, the Canadian Patent Office, the
Canadian Industrial Design Office, a duly accredited domain name registrar, the
appropriate offices in the various states of the United States or the
appropriate office of other foreign jurisdictions, as applicable, and, as of the
date of this Agreement, each such registration, filing and issuance remains in
full force and effect and, to the knowledge of the Seller, there are no facts
that cast doubt on the validity or enforceability of the registrations, filings
and issuances. Except as set forth in Schedule 2.19 and to the knowledge of the
Seller, the Intellectual Property Rights and the Licensed Rights are all the
Intellectual Property rights necessary to conduct the Company's and the
Subsidiary's respective business as currently being conducted.

                  (iii) Except as set forth in Schedule 2.19, the validity of
the Intellectual Property Rights and title thereto, and the validity of the
Company's or the Subsidiary's interest in the Licensed Rights, (x) have not been
questioned in any prior action, lawsuit or complaint (y) are not being
questioned in any pending action, lawsuit or complaint, and (z) to the knowledge
of the Seller, are not the subject of any threatened or proposed action, lawsuit
or complaint. Except as set forth in Schedule 2.19, neither the Seller, the
Company nor the Subsidiary has received any written notice from any third party
challenging the rights of the Company or the Subsidiary to use any of the
Intellectual Property Rights. Except as set forth in Schedule 2.19, the
Intellectual Property Rights, the Company's and the Subsidiary's use of the
Licensed Rights and their respective business, as now conducted, do not violate,
infringe upon, misuse or misappropriate and, to the knowledge of the Seller,
have not been alleged to infringe upon,  misuse or misappropriate any
Intellectual Property of any third party. To the knowledge of the Seller, there
is no valid basis for any such allegations. To the knowledge of the Seller,
there is no unauthorized use by any third party of the Intellectual Property
Rights or the Licensed Rights.

                  (iv) No Intellectual Property Rights have been cancelled,
abandoned or otherwise terminated and all renewal and maintenance fees in
respect thereof have been paid. Except as set forth in Schedule 2.19, each of
the Company and the Subsidiary has the exclusive right to file, prosecute and
maintain all applications and registrations with respect to the Intellectual
Property Rights listed in Schedule 2.19.

                  (v) Except as set forth in Schedule 2.19, each of the Company
and the Subsidiary has obtained valid written assignments from all of their
respective employees and consultants who have contributed to the creation or
development of the Intellectual Property

                                       17

<PAGE>

Rights developed by or on behalf of the Company or the Subsidiary of the rights
to such contributions that the Company or the Subsidiary does not already own by
operation of law. Except as set forth in Schedule 2.19. each of the Company and
the Subsidiary has taken all commercially reasonable steps to protect and
preserve the confidentiality of all trade secrets, know-how, source codes,
databases, customer lists, schematics, ideas, algorithms and process.

                  (vi) Except as disclosed in Schedule 2.19, there are no
restrictions on the ability of the Company or the Subsidiary or any successors
or assignees thereof to use and exploit all rights in the Owned Intellectual
Property. All statements contained in all applications for registration of the
Owned Intellectual Property were true and correct as of the date of such
applications. Each of the trade-marks and trade names included in the Owned
Intellectual Property is in use. None of the rights of the Company or the
Subsidiary in the Owned Intellectual Property will be impaired or affected in
any way by the transactions contemplated by this Agreement.

                  (vii) The computer systems of the Company and the Subsidiary,
including hardware and software, currently operate and perform in accordance
with past performance. The Owned Intellectual Property, and to the knowledge of
the Seller, the Intellectual Property for which the Company or the Subsidiary
has Licensed Rights, do not contain any "time bombs", "Trojan Horses",
"backdoors, "trap doors", "worms", viruses or other similar devices or effects
that (A) enable any Person to access such computer systems without authorization
or (B) otherwise hinder the material functionality of such computer systems. To
the knowledge of the Seller, the Company and the Subsidiary have taken all steps
and implemented procedures necessary to ensure, so far as commercially
reasonably possible, that such systems are free from such devices and effects
and will continue to take such steps until the Closing Date. All material
computer software that is Owned Intellectual Property has been exclusively
developed either (A) internally by employees of the Company or the Subsidiary
working within the scope of their employment or (B) by third parties pursuant to
written work made for hire and assignment agreements placing ownership of such
computer software with the Company or the Subsidiary. True and complete copies
of all such agreements have been provided to the Buyer.

                  (viii) For purposes of this Agreement, "INTELLECTUAL PROPERTY"
means all domestic and foreign patents, patent applications, trademarks, service
marks and other indicia of origin, trademark and service mark registrations and
applications for registrations thereof, copyrights, copyright registrations and
applications for registration thereof, Internet domain names and universal
resource locators, inventions (whether or not patentable), invention
disclosures, moral and economic rights of authors and inventors (however
denominated), corporate and business names, source codes, object codes, computer
software programs, trade names, trade dress, brand names, maskworks, trade
secrets (including technical data, customer lists, know-how, show-how, formulae,
methods (whether or not patentable), designs, processes, procedures, technology,
databases, data collections and other proprietary information or material of any
type), whether written or unwritten (and all good will associated with, and all
derivatives, improvements and refinements of, any of the foregoing).

                                       18

<PAGE>

            SECTION 2.20 Operation of the Business.

            (a) Other than the Subsidiary, the Company has conducted its
business only through the Company and not through any other divisions or any
direct or indirect subsidiary or Affiliate of the Company, the Subsidiary or the
Seller; and no part of its business is operated by the Company through any
Person other than the Company. The Company has no material operations other than
holding the capital stock of the Subsidiary and its Intellectual Property. The
Company does not currently conduct business in the United States, but had
undertaken, through a consultant and other individuals who were not employees of
the Company, some prospecting in the United States of customer interest for a
U.S. auto financing portal, including attending trade shows and answering
enquiries and meeting with auto makers. Except for John Priester, the Company
has never had any employees in the United States.

            (b) The Subsidiary has not conducted its business through any other
divisions or any direct or indirect subsidiary or Affiliate of the Subsidiary,
the Company or the Seller; and no part of its business is operated by the
Subsidiary through any Person other than the Subsidiary. The Subsidiary has no
material operations other than licensing its Intellectual Property and the
operation of its Internet-based, business-to-business, e-commerce system. The
Subsidiary does not and has not conducted business in the United States and,
except for John Priester, has never had any United States resident employees in
the United States. The Subsidiary has sent certain of its employees to the
United States for marketing purposes.

            (c) The Seller has paid, or caused to be paid by or on behalf of the
Subsidiary:

                  (i) To Strategic Technologies Partners, Inc., the amount of
US$20,000 representing all remaining payments owing by the Subsidiary to
Strategic Technologies Partners, Inc. in respect of John Priester;

                  (ii) To the applicable employees of the Subsidiary, an amount
equal to CAN$98,908.00, in the aggregate, in respect of all management bonuses
to be paid for fiscal year 2003;

                  (iii) The CAN$60,000 credit due to the Seller from the
Subsidiary;

                  (iv) To David Trinder, the amount of $34,000 representing all
amounts owing to him in respect of the cancellation of his stock options in the
Company; and

                  (v) To Michael Basler, the amount of $12,750 representing all
amounts owing to him in respect of the cancellation of his stock options in the
Company;

together with all applicable Taxes withheld, reported and remitted to the
applicable Governmental Authority with respect to such payments as are required
to be withheld, reported and remitted to the applicable Governmental Authority.

            SECTION 2.21 Environmental Compliance and Liabilities.

            (a) Neither the Company nor the Subsidiary has generated, used,
transported, treated, stored, released or disposed of, or has suffered or
permitted any other Person to generate,

                                       19

<PAGE>

use, transport, treat, store, release or dispose of any Hazardous Substance (as
defined below) in violation of any Canadian federal, provincial or local law,
statute, rule regulation, order or treaty (collectively, the "LAW") of any
Government Authority including, without limitation, the Environmental Protection
Act, R.S.O. 1990, c. E. 19 (Ontario), as amended from time to time (the "EPA"),
and the Canadian Environmental Protection Act, R.S.C. 1985, c. 16 (4th Supp.),
as amended from time to time (the "CEPA"), and the Comprehensive Environmental
Response, Compensation and Liability Act, as amended from time to time
("CERCLA") (collectively, the "ENVIRONMENTAL LAWS").

            (b) There has not been any generation, use, transportation,
treatment, storage, release or disposal of any Hazardous Substance in connection
with the conduct of the Company's or the Subsidiary's business or the use of any
real property currently or previously leased by the Company and the Subsidiary
(collectively, the "LEASED PREMISES"), which has created or might reasonably be
expected to create any liability under any Law or which would require reporting
to or notification of any Governmental Authority.

            (c) Each of the Company and the Subsidiary has complied with all
reporting and monitoring requirements under all Environmental Laws with respect
to the Leased Premises. Neither the Company or the Subsidiary has received any
notice of any non-compliance with any Environmental Laws, and neither the
Company or the Subsidiary has ever been convicted of an offence for
non-compliance with any Environmental Laws or been fined or otherwise sentenced
or settled such prosecution short of conviction.

            (d) No asbestos or polychlorinated biphenyl or urea formaldehyde
foam insulation or underground storage tank is contained in or located at the
Leased Premises.

            (e) Any Hazardous Substance handled or dealt with in any way in
connection with the Company's and the Subsidiary's business has been and is
being handled or dealt with in all respects in compliance with applicable Laws.

            (f) Neither the Company, the Subsidiary nor the Seller has, with
respect to the Leased Premises, (A) received notice that it is a potentially
responsible party for a federal, provincial, state or local environmental
cleanup site or for corrective action under the Environmental Laws, or any other
applicable Laws; (B) submitted or been required to submit any notice pursuant to
Section 103(c) of CERCLA; (C) received any written request for information in
connection with any federal, provincial, state or local environmental cleanup
site; (D) been required to undertake any prospective or remedial action or
clean-up action of any kind at the request of any Governmental Authority, or at
the request of any other Person relating to any applicable Laws, including,
without limitation, any Environmental Laws; or (E) any pending or contingent
liability pursuant to any Environmental Laws.

            (g) There are no Environmental Permits necessary for the Company and
the Subsidiary to conduct its respective business and to use and operate its
assets at the Leased Premises, as applicable. For purposes of this Agreement
"ENVIRONMENTAL PERMITS" includes all orders, permits, certificates, approvals,
consents, registrations and licenses issued by any authority of competent
jurisdiction under Environmental Laws.

                                       20

<PAGE>

            (h) The Seller has provided or otherwise made available to Buyer all
environmental audits, reports, and assessments concerning the Company, the
Subsidiary, or any of the Leased Premises which Seller possesses or reasonably
could have obtained.

            (i) There are no off-site locations where Hazardous Substances have
been sent, generated, used, collected, treated, stored, transported, recovered,
recycled, discharged or disposed by the Company or the Subsidiary in the conduct
of their respective business identified on any list designated for investigation
and/or remedial action pursuant to any Environmental Law.

            (j) For purposes of this Agreement, "HAZARDOUS SUBSTANCES" means and
includes: (i) any "Hazardous Substance" as defined in CERCLA; (ii) any
substances that are defined or listed in, or otherwise classified pursuant to,
any other applicable Laws as "hazardous substances," "hazardous materials,"
"hazardous wastes," "contaminants," "dangerous goods" or "toxic substances," or
any other formulation intended to define, list or classify substances by reason
of deleterious properties such as ignitibility, corrosivity, reactivity,
radioactivity, carcinogenicity, reproductive toxicity or "EP toxicity," and
petroleum and drilling fluids, produced waters and other wastes associated with
the exploration, development, or production of crude oil, natural gas or
geothermal energy, as such Laws were in effect at the time of the relevant act
or omission; (iii) dangerous goods (as defined in the Transportation of
Dangerous Goods Act, R.S.C, 1985, c. T-19 (Canada), as amended from time to
time) or pollutant or any other substance which when released to the natural
environment is likely to cause, at some immediate or future time, material harm
or degradation to the natural environment or material risk to human health.

            SECTION 2.22 Confidentiality. Since June 2002, each of the Company
and the Subsidiary has required each of its officers, employees, and third party
contractors (excluding advisors who are bound by professional obligations of
confidentiality) who have access to material confidential information with
respect to its business to enter into written agreements to preserve the
confidential nature of such information. The Seller has provided the Buyer with
true, correct and complete copies of all such agreements executed on or after
June 2002.

            SECTION 2.23 Disclosure. No representation or warranty by the Seller
in this Agreement or in any Exhibit or Schedule hereto, or in any Related
Agreement, certificate or instrument delivered or to be delivered pursuant to
this Agreement, contains or will contain any untrue statement of a material fact
or omits or will omit any material fact necessary in order to make the
statements contained herein or therein not misleading.

            SECTION 2.24 Absence of Certain Agreements. Neither the Company nor
the Subsidiary is a party to any joint venture, partnership or other arrangement
that is treated as a partnership for income Tax purposes. None of the
obligations or liabilities of the Company or the Subsidiary incurred in
connection with the operation of its business is guaranteed by or subject to a
similar contingent obligation of any other Person. Neither the Company nor the
Subsidiary has guaranteed or become subject to a similar contingent obligation
in respect of the obligations or liabilities of any other Person. There are no
outstanding letters of credit, surety bonds or similar instruments of the
Company, the Subsidiary or any of its Affiliates in connection with the
Company's or Subsidiary's business or assets.

                                       21

<PAGE>

            SECTION 2.25 Absence of Certain Practices. There have been no
violations of any provincial, state or federal legislation relating to foreign
corrupt practices, antitrust, price fixing, bribery, money laundering or similar
offenses by the Company or the Subsidiary or any of its directors, officers,
stockholders, employees or agents.

            SECTION 2.26 Taxes.

            (a) Except as set forth on Schedule 2.26, each of the Company and
the Subsidiary has duly and timely filed all Tax Returns, including extensions
thereof and returns for estimated Tax, required to be filed by it on or prior to
the date hereof. Subject to the audits referred to in Schedule 2.26, all such
Tax Returns are true, complete and correct in all material respects for the
periods covered thereby. All Taxes that are due and payable by the Company or
the Subsidiary (whether or not shown on any Tax Return) have been timely paid.
Neither the Company nor the Subsidiary is delinquent in the payment of any Tax,
there is no Tax deficiency asserted against the Company or the Subsidiary, and
there is no unpaid assessment, deficiency or delinquency in the payment of any
Taxes of the Company or the Subsidiary or, any proposal for additional Taxes
that could be asserted by any Governmental Authority. The Seller does not expect
any Governmental Authority to assess any additional Taxes against the Company or
the Subsidiary for any period for which any Tax Returns have been filed.
Adequate accrual for all Taxes payable for periods ending on, prior to or
including the Balance Sheet Date are reflected on the Current Balance Sheet and
adequate reserves have been established for the accrual of all Taxes payable for
all periods ending on, prior to or including the Closing Date. Neither the
Company nor the Subsidiary currently is the beneficiary of any extension of time
within which to file any Tax Return. No claim has ever been made by any
Governmental Authority in a jurisdiction where the Company or the Subsidiary
does not file Tax Returns that it is or may be subject to taxation by that
jurisdiction. Except for a sales tax audit and an employee health tax audit
currently being undertaken, no audit, investigation or proceeding of the Company
or the Subsidiary is pending or threatened by any Governmental Authority, and
the results of any completed audits are properly reflected in the Financial
Statements. Neither the Company nor the Subsidiary has waived any statute of
limitations in respect of Taxes nor agreed to any extension of time with respect
to a Tax assessment or deficiency. All Taxes required to be withheld and paid by
the Company or the Subsidiary in connection with amounts paid or owing to any
employee, independent contractor, creditor or other Person have been withheld,
and such withheld Taxes have either been duly and timely paid to the proper
Governmental Authority. Each of the Company and the Subsidiary has complied with
all information and backup withholding requirements, including maintenance of
required records thereto, in connection with all Taxes and Tax Returns.

            (b) There are no outstanding rulings of, or requests for rulings
with, any Governmental Authority addressed to the Company or the Subsidiary that
are or, if issued, would be binding on the Company or the Subsidiary. Neither
the Company nor the Subsidiary is a party to or bound by any agreement,
contract, arrangement or plan that has resulted or would result, separately or
in the aggregate, in the payment of any "excess parachute payment" within the
meaning of Section 280G of the Code. As a direct or indirect result of the
transactions contemplated hereby, no payment or other benefit and no
acceleration of the vesting of any options, payments or other benefits, will be
an "excess parachute payment" to a "disqualified individual" within the meaning
of Section 280G of the Code. Neither the Company nor the

                                       22

<PAGE>

Subsidiary is or has been a "United States real property holding corporation"
within the meaning of Section 897(c) of the Code, no transaction contemplated by
this Agreement is subject to withholding under Section 1445 of the Code, and no
stock transfer Taxes, sales Taxes, use Taxes, real estate or gains Taxes, or
similar Taxes will be imposed on the transactions contemplated by this
Agreement. Neither the Company nor the Subsidiary will be required to include
any adjustment in taxable income for any period ending after the Closing Date
under Section 481 of the Code (or under any corresponding or similar provision
of any other Tax law) as a result of a change in the method of accounting for a
period ending on or before the Closing Date or pursuant to an agreement with any
Governmental Authority with regard to the Tax liability of the Company or the
Subsidiary for any period ending on or before the Closing Date. Neither the
Company nor the Subsidiary will be required to include any item of income in, or
exclude any item of deduction from, taxable income for any taxable period (or
portion thereof) ending after the Closing Date as a result of any (i)
intercompany transactions within the meaning of Treasury Regulations Section
1.1502-13 (or any corresponding or similar provision of any other Tax law), (ii)
installment sale made on or prior to the Closing Date, (iii) open transaction,
or (iv) prepaid amount received on or prior to the Closing Date. Neither the
Company nor the Subsidiary will be required to include any item of income in, or
exclude any item of deduction from, any taxable period ending after the Closing
Date as a result of a "closing agreement" as described in Section 7121 of the
Code or any corresponding or similar provision of any other Tax law. Neither the
Company nor the Subsidiary (i) has entered into any transaction that is a
"listed" transaction for purposes of Temporary Treasury Regulations Section
1.6011-4T(b)(2) or 301.6111-2T(b)(2), (ii) is liable with respect to any
indebtedness the interest on which is not deductible for federal, state or local
or non-U.S. income Tax purposes, or (iii) has any net operating losses or other
Tax attributes currently subject to limitation under Sections 382, 383 or 384 of
the Code.

            (c) Neither the Company nor the Subsidiary is a party to any Tax
sharing or Tax allocation agreement, understanding, arrangement or commitment,
and neither the Company nor the Subsidiary is liable, by contract or otherwise,
for the Taxes of any Person. Each of the Company and the Subsidiary has duly and
timely collected all amounts on account of Taxes required by law to be collected
by it and has duly and timely remitted to the appropriate Governmental Authority
any such amounts required by law to be remitted by it. There are no Liens for
Taxes upon the assets of the Company or the Subsidiary other than Taxes not yet
due and payable. The Seller has furnished or made available to the Buyer true
and complete copies of the U.S. federal, state and local and Canadian federal
and provincial income Tax Returns that have been filed: (i) for each of the
Subsidiary and the Company, for the fiscal years ended October 31, 2002 and
2001; and (ii) for the Company only, for the fiscal year ended October 31, 2000.

            (d) For purposes of this Agreement, the following terms have the
following meanings: "TAX" or "TAXES" means taxes of any kind, levies or other
like assessments, imposts, charges or fees, including, without limitation,
income taxes, gross receipts, ad valorem, value added, excise, real or personal
property, asset, sales (including the Goods and Services Tax provided for in the
Excise Tax Act (Canada)), use, license, payroll, transaction, capital, net worth
and franchise taxes, escheat liability or other similar property rights asserted
by any Governmental Authority, estimated taxes, withholding, employment,
employer health, social security, Canada Pension Plan, employment insurance,
workers compensation, utility, severance

                                       23

<PAGE>

production, unemployment compensation, occupation, premium, windfall profits,
transfer and gains taxes or other governmental taxes imposed or payable to the
United States, Canada or any state, province, county, local or foreign
government or subdivision or agency thereof whether of not disputed, and in each
instance such term shall include any interest, penalties or additions to tax
attributable to any such Tax; and "TAX RETURN" means any return, declaration,
report, claim for refund, or information return or statement relating to Taxes,
including any schedule or attachment thereto, and including any amendment
thereof, whether required to be filed weekly, monthly, yearly or otherwise.

            (e) The Seller is not a non-resident of Canada within the meaning of
the Income Tax Act (Canada).

            (f) Notwithstanding anything contained in this Agreement:

                  (i) the Seller makes no representation or warranty to the
Buyer as to, and shall have no obligation to indemnify any of the Buyer Parties
(as defined in Section 6.1(b)) with respect to Taxes due for periods after the
Closing Date, including, without limitation, resulting from the existence,
availability or utilization of any (i) Tax losses, including whether any Tax
losses exist in the Company or the Subsidiary, the value of any Tax losses, or
the ability of any Person to offset such Tax losses or obtain a refund for any
Taxes of the Company or the Subsidiary previously paid; and (ii) research and
development Tax credits, including whether any research and development Tax
credits exist in the Company or the Subsidiary, the value of any such research
and development Tax credits, or the ability of any Person to apply such research
and development Tax credits or obtain a refund for any Taxes of the Company or
the Subsidiary previously paid; and

                  (ii) the Seller's only indemnification obligation with respect
to Taxes owing by the Company or the Subsidiary for periods or portions of
periods ending on or prior to the Closing Date is as set out in Section
6.1(b)(ii)(3); provided nothing in this Section 2.26(f)(ii) precludes the Buyer
from making any claim under Section 6.1(b)(i) for liabilities, other than Taxes
owing by the Company or the Subsidiary for periods or portions of periods ending
on or prior to the Closing Date.

            (g) There is no Tax period which begins before the Closing Date and
ends after the Closing Date for which the Company or the Subsidiary may be
liable for Taxes.

            SECTION 2.27 Transactions with Affiliates. Other than pursuant to
employment relationships or as disclosed in Schedule 2.27, neither the Company
nor the Subsidiary has directly or indirectly entered into any loans, leases,
contracts or other material financial transactions with any of its stockholders,
directors, officers or employees, or any member of any such individual's
immediate family or any other Affiliate of the Company, the Seller or the
Subsidiary. For purposes of this Agreement, "AFFILIATE" of a Person shall mean
any Person that (directly or indirectly) controls, is controlled by or is under
common control with such Person (but in the case of the Seller, the Company or
the Subsidiary, shall not include each other); or in the case of a natural
person, any parent, child, sibling, grandparent, grandchild or spouse of such
person.

                                       24

<PAGE>

            SECTION 2.28 Brokers, Finders, etc. All negotiations relating to
this Agreement and the transactions contemplated thereby have been carried on
without the participation of any Person acting on behalf of the Seller, the
Company, the Subsidiary or their Affiliates, or any of them, in such manner as
to give rise to any valid claim against the Buyer for any brokerage or finder's
commission, fee or similar compensation, or for any bonus payable to any
officer, director, stockholder, employee, agent or sales representative of or
consultant to the Seller, the Company, the Subsidiary or their Affiliates, upon
consummation of the transactions contemplated hereby. The Seller agrees to
indemnify, defend and hold harmless the Buyer from and against any claim or
demand for any commission, compensation or other payment by any broker, finder
or similar agent employed or retained by the Seller or the Company in connection
herewith.

                                   ARTICLE III

                   REPRESENTATIONS AND WARRANTIES OF THE BUYER

            The Buyer represents and warrants to the Seller that:

            SECTION 3.1 Organization, Standing and Qualification. The Buyer is a
corporation duly organized, validly existing and in good standing under the laws
of Delaware, and has all requisite power and authority to own its properties, to
carry on its business as now being conducted.

            SECTION 3.2 Authorization; No Conflicts; Consents. The Buyer has the
requisite capacity, power and authority to execute and deliver this Agreement
and the Related Agreements to which it is a party, and to consummate the
transactions contemplated hereby and thereby. The execution and delivery of this
Agreement and the Related Agreements to which it is a party by the Buyer, and
the consummation by the Buyer of the transactions contemplated hereby and
thereby, have been duly authorized by all requisite corporate action by the
Buyer. This Agreement and the Related Agreements to which it is a party
constitutes legal, valid and binding obligations of the Buyer, enforceable
against it in accordance with their respective terms. The execution, delivery
and performance by the Buyer of this Agreement and the Related Agreements to
which it is a party, and the consummation by the Buyer of the transactions
contemplated hereby and thereby, will not, with or without the giving of notice
or the passage of time or both, (a) violate the provisions of any law, rule or
regulation applicable to the Buyer, (b) violate the provisions of the Buyer's
charter documents, (c) violate any judgment, decree, order or award of any
Governmental Authority, or (d) conflict with or result in the breach or
termination of any term or provision of, or constitute a default under, or cause
any acceleration under, or cause the creation of any Lien upon the properties or
assets of the Buyer pursuant to, any indenture, mortgage, deed of trust or other
instrument or agreement to which it is a party or by which it or any of its
properties is or may be bound. All of the consents, approvals, permissions,
licenses, authorizations and other requirements prescribed by law, rule,
regulation or by contract required to be obtained and/or satisfied by the Buyer
in connection with the execution and delivery of this Agreement and the Related
Agreements have been obtained and/or satisfied by the Buyer.

                                       25

<PAGE>

            SECTION 3.3 Brokers, Finders, etc. All negotiations relating to this
Agreement and the transactions contemplated thereby have been carried on without
the participation of any Person acting on behalf of the Buyer or its Affiliates
in such manner as to give rise to any valid claim against the Seller for any
brokerage or finder's commission, fee or similar compensation, or for any bonus
payable to any director, stockholder, member, manager, officer, employee, agent
or sales representative of or consultant to the Buyer or its Affiliates, upon
consummation of the transactions contemplated hereby. The Buyer agrees to
indemnify, defend and hold harmless the Seller from and against any claim or
demand for any commission, compensation or other payment by any other broker,
finder or similar agent employed or retained by the Buyer in connection
therewith.

            SECTION 3.4 Purchase for Investment. The Buyer is acquiring the
Shares solely for its own account, for investment purposes, and not with a view
to resale or distribution of all or any part of the Shares being purchased by it
in violation of applicable federal or state securities Laws. The Buyer
understands that the Shares to be acquired by it has not been registered under
the Securities Act of 1933, as amended or applicable state securities Laws.

                                   ARTICLE IV

                        CONDITIONS TO OBLIGATION TO CLOSE

            SECTION 4.1 Conditions to Obligation of the Buyer. The obligations
of the Buyer to consummate the transactions to be performed by it in connection
with the Closing is subject to satisfaction of the following conditions:

            (a) Non-Competition Agreements. The Seller shall have executed and
delivered to the Buyer a non-competition agreement, substantially in the form
attached hereto as Exhibit A (the "NON-COMPETITION AGREEMENT");

            (b) Opinions of the Seller's Counsel. Richard A. MacKenzie,
Vice-President, Law Department of the Seller, shall have executed and delivered
an opinion addressed to the Buyer, substantially in the form attached hereto as
Exhibit C.

            (c) Restated Customer Agreement. The Seller and the Subsidiary shall
have executed and delivered an amended and restated customer agreement,
substantially in the form attached hereto as Exhibit D (the "RESTATED CUSTOMER
AGREEMENT);

            (d) Good Standing Certificates. The Seller shall have delivered to
the Buyer good standing certificates of the Company and the Subsidiary issued by
the state or province of its organization and each of the jurisdictions set
forth on Schedule 2.1 dated no earlier than October 28, 2003 with respect to the
Subsidiary and the Company with "bring down" good standing certificates attached
thereto dated no earlier than December 18, 2003.

            (e) Officer's Certificate. The Seller shall have delivered to the
Buyer a certificate of an officer of the Seller: (i) certifying that the
representations and warranties set forth in Article II hereof shall be true and
correct in all respects at and as of the Closing Date; (ii) certifying that the
Seller has performed and complied with all of its covenants hereunder in all
material respects; and (iii) certifying that no action, suit, or proceeding
shall be pending or

                                       26

<PAGE>

threatened before any Governmental Authority of any federal, provincial, state,
local or foreign jurisdiction wherein an unfavorable injunction, order, decree,
ruling, or charge would (A) prevent consummation of any of the transactions
contemplated by this Agreement, (B) cause any of the transactions contemplated
this Agreement to be rescinded following consummation, or (C) affect adversely
the right of the Buyer to own the Shares or the Company from continuing to own
the Subsidiary Shares;

            (f) Secretary's Certificate. The Seller shall have delivered to the
Buyer a certificate of the Secretary of the Seller, certifying that: (i) the
applicable resolution of the Seller's board of directors authorizing the
officers of the Seller executing this Agreement to execute, deliver and perform
this Agreement, the Non-Competition Agreement, the Restated Customer Agreement
and the stock powers related to the Shares and authorizing such officers to
authorize and approve of the execution, delivery and performance of the other
Related Agreements to which Seller is a party and the transactions contemplated
hereby and thereby is attached to such certificate; and (ii) the names and
titles of the officers of the Seller, and the signature(s) of the officer(s) of
the Seller, executing this Agreement, the Non-Competition Agreement, the
Restated Customer Agreement and the stock powers related to the Shares are
attached to such certificate.

            (g) Books and Accounts. The Seller shall have delivered to the Buyer
the minute books and stock books of the Company and the Subsidiary;

            (h) Permits. The Seller shall have delivered to the Buyer the
originals, if in the Company's and the Subsidiary's possession, of all building
permits, certificates of occupancy, and other governmental licenses, permits and
approvals, not previously delivered to the Buyer;

            (i) Contracts. The Seller shall have delivered to the Buyer such
documents, instruments or certificates executed by the Seller, as the Buyer may
reasonably request;

            (j) Proceedings. All proceedings required to be taken on the part of
the Seller and the Company to authorize or carry out this Agreement and to
convey, assign, transfer and/or deliver the Shares, as the case may be, shall
have been taken;

            (k) Other Approvals. All Governmental Authorities, the consent,
authorization or approval of which is necessary under any applicable law, rule,
order or regulation for the consummation by the Seller of the transactions
contemplated by this Agreement and the operation of the Company's and the
Subsidiary's respective business by the Buyer, shall have consented to,
authorized, permitted or approved such transactions;

            (l) Consents of Lessors and Other Third Parties. The Seller shall
have received the consents and approvals of all lessors and other third parties
whose consent or approval is required in order for the Seller to consummate the
transactions contemplated by this Agreement;

            (m) Adverse Proceedings. No action or proceeding by or before any
Governmental Authority shall have been instituted by any Governmental Authority
or Person whatsoever which shall seek to restrain, prohibit or invalidate the
transactions contemplated by

                                       27

<PAGE>

this Agreement or which might affect the right of the Buyer to own the Shares or
use the assets of the Company and of the Subsidiary and/or the operation of the
Company's and the Subsidiary's respective business by the Buyer after the
Closing;

            (n) Resignations. Each of the directors and officers of the Company
and directors of the Subsidiary (other than Michael Basler, David Trinder and
Michael Gaertner) shall have executed and delivered written resignations to the
Seller, effective as of the Closing Date;

            (o) Termination of Debt. An executed release and discharge in form
and substance satisfactory to the Buyer, acting reasonably, shall have been
delivered to the Buyer by:

                  (i) the Seller, in respect of the indebtedness for borrowed
money in the amount of CAN$3,011,021.93 (as at December 31, 2003) (plus an
additional CAN$339.86 for each day after December 31, 2003 that such amount is
not paid), owed by the Subsidiary to the Seller (the "SELLER LOAN AMOUNT") under
a commitment letter, dated December 7, 2001, between the Subsidiary and the
Seller, as supplemented by a term sheet dated November 20, 2003 ("SELLER LOAN
AGREEMENT"); and

                  (ii) Royal Bank of Canada, in respect of indebtedness for
borrowed money in the amount of CAN$102,225.52 (as at December 31, 2003) (plus
an additional CAN$12.33 for each day after December 31, 2003 that such amount is
not paid), owed by the Subsidiary to Royal Bank of Canada (the "RBC LOAN
AMOUNT") under a commitment letter, dated December 7, 2001, between the
Subsidiary and Royal Bank of Canada.

            (p) Cancellation of Unexercised Options. Each holder of outstanding
options under the Company's stock option plan shall have released his or her
interest in any outstanding and unexercised options (so that there shall be no
outstanding and unexercised options at the time of Closing), and shall have
waived any right to claim damages of any nature against the Company or the
Subsidiary arising from the release of their interest in the Company's stock
option plan. The Seller shall cause to be paid by the Subsidiary to each of
Michael Basler and David Trinder prior to Closing, all amounts owing to each in
respect of the cancellation of their respective stock options in the Company.

            (q) Closing Deliveries. The Buyer shall have received at or prior to
the Closing each of the following documents:

                  (i) the original certificates evidencing the Shares, duly
endorsed in blank or accompanied by stock powers duly endorsed in blank, free
and clear of all Liens with the Buyer being responsible for the payment of any
applicable stock Transfer Taxes;

                  (ii) original certificates evidencing the Subsidiary Shares;

                  (iii) the executed Non-Competition Agreement required pursuant
to Section 4.1(a) hereof;

                  (iv) the executed Restated Customer Agreement required
pursuant to Section 4.1(c) hereof;

                                       28

<PAGE>

                  (v) the executed releases and discharges required pursuant to
Section 4.1(o) hereof;

                  (vi) such contracts, files and other data and documents
pertaining to the Shares or the business of the Company and the Subsidiary as
the Buyer may reasonably request;

                  (vii) copies of all US and Canadian federal, provincial, state
and local income, franchise, property and other consolidated Tax Returns filed
by the Seller with respect to the Company and the Subsidiary for all periods
since (and including): (A) October 31, 2000 with respect to the Company; and (B)
October 31, 2001 with respect to the Subsidiary;

                  (viii) such certificates of the officers of the Seller and the
Company and such other documents evidencing satisfaction of the conditions
specified in Section 4.1(a)-(q) as the Buyer shall reasonably request;

                  (ix) a cross receipt, in the form attached hereto as Exhibit E
(the "CROSS-RECEIPT"), executed by the Buyer and the Seller;

                  (x) copies of the Financial Statements;

                  (xi) evidence of the resignations of the directors and
officers of the Company and the directors of the Subsidiary required pursuant to
Section 4.1 (n) hereof and evidence of payments to be made to Michael Basler and
David Trinder pursuant to Section 4.1(p);

                  (xii) a statement from the Company in accordance with Treasury
Regulation Sections 1.1445-2(c)(3) and 1.897-2(h) certifying that the Company is
not, and has not been, a "United States real property holding corporation" for
purposes of Sections 897 and 1445 of the Code; and

                  (xiii) such other documents, instruments or certificates as
the Buyer may reasonably request in order to evidence the accuracy of the
Seller's representations or compliance by the Seller of their covenants
hereunder.

            SECTION 4.2 Conditions to Obligations of the Seller. The obligations
of the Seller to consummate the transactions to be performed by them in
connection with the Closing is subject to satisfaction of the following
conditions:

            (a) Purchase Price. The Buyer shall have delivered to the Seller the
Purchase Price in accordance with Section 1.4(b);

            (b) Non-Competition Agreement. The Buyer shall have executed and
delivered to the Seller the Non-Competition Agreement;

            (c) Officer's Certificate. The Buyer shall have delivered to the
Seller a certificate of an officer of the Buyer, certifying that: (i) the
representations and warranties set forth in Article III hereof shall be true and
correct in all respects at and as of the Closing Date; (ii) the Buyer has
performed and complied with all of its covenants hereunder in all material

                                       29

<PAGE>

respects; and (iii) no action, suit, or proceeding shall be pending or
threatened before any Governmental Authority of any federal, provincial, state,
local or foreign jurisdiction wherein an unfavorable injunction, order, decree,
ruling, or charge would (A) prevent consummation of any of the transactions
contemplated by this Agreement, (B) cause any of the transactions contemplated
this Agreement to be rescinded following consummation, or (C) affect adversely
the right of the Buyer to own the Shares;

            (d) Secretary's Certificate. The Buyer shall have delivered to the
Seller a certificate of the Secretary of the Buyer, certifying that: (i) the
Buyer has taken all requisite corporate action with respect to the authorization
and approval of the execution, delivery and performance of this Agreement and
the Related Agreements to which it is a party and the transactions contemplated
hereby and thereby; (ii) the applicable resolutions of the Buyer's Board of
Directors authorizing and approving of the execution, delivery and performance
of this Agreement and the Related Agreements to which it is a party and the
transactions contemplated hereby and thereby are attached to such certificate;
and (iii) the names and titles of all of the officers of the Buyer, and the
signature(s) of the officer(s) of the Buyer executing this Agreement and/or any
of the Related Agreements to which it is a party are attached to such
certificate;

            (e) Approvals. All Governmental Authorities, the consent,
authorization or approval of which is necessary under any applicable law, rule,
order or regulation for the consummation by the Buyer of the transactions
contemplated by this Agreement and the operation of the Company's and the
Subsidiary's respective business by the Buyer, shall have consented to,
authorized, permitted or approved such transactions;

            (f) Consents of Lessors and Other Third Parties. The Buyer shall
have received all requisite consents and approvals of all lessors and other
third parties whose consent or approval is required in order for the Buyer to
consummate the transactions contemplated by this Agreement;

            (g) Adverse Proceedings. No action or proceeding by or before any
Governmental Authority shall have been instituted by any Governmental Authority
or Person whatsoever which shall seek to restrain, prohibit or invalidate the
transactions contemplated by this Agreement or which might affect the right of
the Seller to transfer the Shares or to use the assets of the Company and the
Subsidiary and/or the operation of the Company's and the Subsidiary's respective
business by the Seller prior to Closing;

            (h) Payment of RBC Loan Amount. Evidence of payment in full of the
RBC Loan Amount satisfactory to the Seller, acting reasonably, shall have been
received from Royal Bank of Canada;

            (i) Payment of Seller Loan Amount. The Seller Loan Amount shall have
been paid in full in cash by wire transfer in immediately available funds to an
account designated by the Seller;

            (j) Closing Deliveries. The Seller shall have received at or prior
to the Closing each of the following documents:

                                       30

<PAGE>

                  (i) such certificates of the Buyer's officers and such other
documents evidencing satisfaction of the conditions specified in this Section
4.2(a)-(i) as the Seller shall reasonably request;

                  (ii) the certificate of the Secretary of the Buyer required
pursuant to Section 4.2(d);

                  (iii) the executed Non-Competition Agreement required pursuant
to Section 4.2(b);

                  (iv) evidence of payment of the RBC Loan Amount and the Seller
Loan Amount required pursuant to Section 4.2(h) and (i);

                  (v) the Cross-Receipt executed by the Buyer and the Seller;
and

                  (vi) such other documents, instruments or certificates as the
Seller may reasonably request.

                                    ARTICLE V

                      COVENANTS AND POST-CLOSING AGREEMENTS

            SECTION 5.1 Payment of RBC Loan Amount and Seller Loan Amount;
Promotion of dealerAccess Services . Contemporaneous with Closing (but after the
Buyer has purchased the Shares), the Buyer shall pay, or cause to be paid: (a)
to Royal Bank of Canada, the RBC Loan Amount; and (b) to Seller, the Seller Loan
Amount. During the one year period following the Closing Date, Buyer shall cause
the Subsidiary to expend not less than CAN $400,000 to promote the use of the
services provided by the Subsidiary to the automotive dealers using the services
offered by the Subsidiary. Within fifteen (15) days after the one year period
following the Closing Date, the Buyer shall provide the Seller with evidence
satisfactory to the Seller acting reasonably of the amounts actually expended by
the Subsidiary during the one year period following the Closing Date to promote
the use of the services provided by the Subsidiary to the automotive dealers
using the services offered by the Subsidiary.

            SECTION 5.2 [Intentionally Deleted.]

            SECTION 5.3 Employment Agreement. The Buyer shall enter into an
employment agreement, substantially in the form attached hereto as Exhibit B
(the "EMPLOYMENT AGREEMENT"), with David Trinder;

            SECTION 5.4 Joint Press Release. A joint press release by the Seller
and the Buyer announcing the completion of the stock purchase transaction
contemplated herein shall be agreed to by the Seller and the Buyer and published
no later than two business days following the Closing Date.

            SECTION 5.5 Sharing of Data. To the extent permitted by applicable
privacy legislation, the Seller shall have the right for a period of seven (7)
years following the Closing Date to have reasonable access to such books,
records and accounts, including financial

                                       31

<PAGE>

and Tax information, correspondence, production records, employment records and
other similar information as are transferred to the Buyer (which records and
other information must be retained by the Buyer for such seven (7) year period)
pursuant to the terms of this Agreement for the limited purposes of concluding
its involvement in the business of the Company and the Subsidiary prior to the
Closing Date and for complying with its obligations under applicable securities,
Tax, environmental, employment or other laws and regulations. To the extent
permitted by applicable privacy legislation, the Buyer shall have the right for
a period of seven (7) years following the Closing Date to have reasonable access
to those books, records and accounts, including financial and Tax information,
correspondence, production records, employment records and other records which
are retained by the Seller (which records and other information must be retained
by the Seller for such seven (7) year period) pursuant to the terms of this
Agreement to the extent that any of the foregoing relates to the business of the
Company and the Subsidiary prior to the Closing Date or is otherwise needed by
the Buyer in order to comply with its obligations under applicable securities,
Tax, environmental, employment or other laws and regulations,

            SECTION 5.6 Cooperation in Litigation. Each party hereto will fully
cooperate with the other in the defense or prosecution of any litigation or
proceeding already instituted or which may be instituted hereafter against or by
such party relating to or arising out of the conduct of the business of the
Company and the Subsidiary prior to the Closing Date (other than litigation
arising out of the transactions contemplated by this Agreement). The party
requesting such cooperation shall pay the out-of-pocket expenses (including
reasonable legal fees and disbursements) of the party providing such cooperation
and of its officers, directors, members, managers, management committee members,
employees and agents reasonably incurred in connection with providing such
cooperation, but shall not be responsible to reimburse the party providing such
cooperation for such party's time spent in such cooperation or the salaries or
costs of fringe benefits or similar expenses paid by the party providing such
cooperation to its officers, directors, members, managers, management committee
members, employees and agents while assisting in the defense or prosecution of
any such litigation or proceeding. Notwithstanding the provisions in this
Section 5.6 and unless as otherwise provided in this Agreement, the Buyer shall
not be liable for any liabilities with respect to matters occurring on or before
the Closing Date, and the Seller shall not be liable for any liabilities of the
Company or of the Subsidiary with respect to matters occurring after the Closing
Date.

            SECTION 5.7 Tax Matters. The following provisions shall govern the
allocation of responsibility as between the Buyer and the Seller for certain Tax
matters following the Closing Date:

            (a) Tax Periods Ending on or Before the Closing Date. The Buyer
shall prepare or cause to be prepared in a manner consistent with prior
practices of the Company and the Subsidiary, except as otherwise may be required
by Law, and file or cause to be filed all (if any) Tax Returns for the Company
and the Subsidiary for the fiscal periods ending on or prior to the Closing Date
which are due after the Closing Date ("PRE-CLOSING RETURNS"). Subject to
Section 5.7(b), the Seller shall reimburse the Buyer for Taxes of the Company
and the Subsidiary with respect to such periods within 15 days after payment of
such Taxes, except to the extent such Taxes are reflected on the Current Balance
Sheet or accrued after the Balance Sheet Date and on or before the Closing Date
in the ordinary course of business and only to the extent that

                                       32

<PAGE>

such Taxes are owing after utilizing any available Tax losses and research and
development Tax credits.

            (b) Seller's Review of Tax Returns. The Buyer shall permit the
Seller to review and comment on each Pre-Closing Return prior to filing and
shall provide the same for the Seller's review no later than fourteen (14) days
prior to their due date. In the event the filing of any Pre-Closing Returns may
or will result in the Seller being obligated under this Agreement to reimburse
or indemnify the Buyer for any Taxes of the Company and/or of the Subsidiary,
arising out of the filing of the applicable Pre-Closing Returns, the Buyer
agrees not to file such return until the contents of same are mutually agreed to
by both the Seller and the Buyer, acting reasonably. If the Seller does not
agree with the contents of the applicable Pre-Closing Returns, the Seller shall
give the Buyer written notice of such disagreement (the "DISPUTE NOTICE") within
seven (7) days following the Seller's receipt of such Pre-Closing Return (the
"DISPUTED RETURN"), and the Dispute Notice shall specify in reasonable detail
the nature of the disagreement. During the seven (7) days after the date on
which the Dispute Notice is issued, the Seller and the Buyer shall attempt, in
good faith, to resolve such dispute. If the parties fail to reach a written
agreement regarding the dispute within such seven (7) day period (or such longer
period to which they may agree in writing), the Buyer and the Seller shall
present the Disputed Return to a mutually agreed upon, nationally recognized
public accounting firm (the "INDEPENDENT ACCOUNTANT") for resolution. If the
Independent Accountant is engaged, then the Seller and the Buyer shall (i)
submit to the Independent Accountant in writing not later than fifteen (15) days
after the Independent Accountant is engaged, their respective positions with
respect to the Disputed Return, together with such supporting documentation as
they deem necessary or as the Independent Accountant requests (each, a
"SUBMISSION"), and (ii) request the Independent Accountant to render its
decision regarding the Disputed Return as promptly as practical, which decision
shall be final and binding on, and nonappealable by, the Buyer and the Seller,
The decision of the Independent Accountant shall be limited to and encompass
only those particular items in dispute between the parties. The party that does
not prevail (as determined in the immediately succeeding sentence) shall bear,
and shall indemnify the other party for, (i) the costs of engaging the
Independent Accountant, (ii) the other party's accountants and/or legal fees
incurred with respect to the dispute, and (iii) interest and penalties, if any,
that become due with respect to the Disputed Return, solely as a result of any
late filing of such Disputed Return due to the dispute. For purposes of the
preceding sentence, a party shall be deemed to prevail with respect to the
Disputed Return if (x) the Independent Accountant agrees with such party's
Submission or (y) if the Independent Accountant does not agree with either
party's Submission, the party whose Submission reflects an amount of Tax or loss
shown on the Disputed Return that is closest to the determination made by the
Independent Accountant.

            SECTION 5.8 Notification of Tax Proceedings; Control.

            (a) In the event that the Company or the Subsidiary receives written
notice of any pending or threatened examinations, claims, settlements, proposed
adjustments, assessments or reassessments or related matter with respect to
Taxes that could affect the Company or the Subsidiary (with respect to Tax
periods or portions thereof ending on or before the Closing Date) or the Seller,
or if the Seller receives notice of any Tax matter that could affect the Company
or the Subsidiary, the party receiving notice shall notify in writing the
potentially affected party within ten (10) days thereof. The failure of any
party to give the notice required hereunder shall

                                       33

<PAGE>

not impair that party's rights under this Agreement except to the extent that
the other party demonstrates that it has been materially damaged thereby.

            (b) The Buyer shall have the right to control any audit or
examination by any Governmental Authority, initiate any claim for refund, file
any amended Tax Return, contest, resolve and defend against any assessment,
notice of deficiency or other adjustment or proposed adjustment relating, or
with respect to the Company or the Subsidiary; provided, however, that if any
such audit, examination or claim by any Governmental Authority could result in
the assessment of Taxes for which the Seller would have an indemnity obligation
under this Agreement, the Seller shall have the right to control, at its cost,
any resulting proceeding, provided that it shall have first notified the Buyer
in writing of its intention to control such proceeding and shall have agreed in
writing with the Buyer that, as between the Buyer and the Seller, the Seller
shall be liable for any Taxes that result from such proceeding. The Buyer shall
have the right to consult with the Seller at its own expense in connection with
any such proceeding. The Buyer shall have the sole right to control the
proceeding to the extent the Buyer shall have agreed with the Seller in writing
to forego any indemnification under this Agreement with respect to the matter
giving rise to the proceeding. Notwithstanding the foregoing, the Seller may,
with the consent of the Buyer, which consent shall not be unreasonably withheld,
settle the matter giving rise to the proceeding.

            SECTION 5.9 Cooperation in Tax Matters.

            (a) The Buyer and the Seller shall cooperate fully, as and to the
extent reasonably requested by the other party, in connection with the filing of
Tax Returns pursuant to Section 5.7 and any audit, litigation or other
proceeding with respect to Taxes of the Company or the Subsidiary. Such
cooperation shall include the retention and (upon the other party's request) the
provision of records and information and making employees available on a
mutually convenient basis to provide additional information and explanation of
any material provided hereunder.

            (b) The Buyer and the Seller agree, upon request, to use their best
efforts to obtain any certificate or other document from any Governmental
Authority or any other Person as may be necessary to mitigate, reduce or
eliminate any Tax that could be imposed (including, but not limited to, with
respect to the transactions contemplated hereby).

            SECTION 5.10 Certain Taxes. All transfer, documentary, sales, Goods
and Services Tax payable pursuant to the Excise Tax Act (Canada) and harmonized
sales and provincial or territorial sales Taxes, use, stamp, registration and
other such Taxes and fees (including any penalties and interest) (collectively,
"TRANSFER TAXES") incurred in connection with this Agreement, the
Non-Competition Agreement and the transactions contemplated hereunder and
thereunder, shall be the responsibility of, and shall be paid by, the Buyer when
due, and the Buyer will, at its own expense, file all necessary Tax Returns and
other documentation with respect to all such Transfer Taxes, and, if required by
applicable law, the Buyer will, and will cause its Affiliates to, join in the
execution of any such Tax Returns or other documentation. For the avoidance of
doubt, the Seller shall be responsible for any income or capital gains Taxes of
the Seller arising from the transactions contemplated by this Agreement.

                                       34

<PAGE>

            SECTION 5.11 [Intentionally Deleted.]

            SECTION 5.12 Further Cooperation. The Seller agrees to use
commercially reasonable efforts to assist the Buyer in obtaining any third-party
approvals necessary to (a) nullify certain termination for convenience clauses
in the Subsidiary contracts, (b) nullify certain third-party rights to
enhancements and derivative works with respect to the Company's and the
Subsidiary's Owned Intellectual Property and (c) release all Liens on the assets
of the Company and/or the Subsidiary related to the Seller Loan Amount and the
RBC Loan Amount.

            SECTION 5.13 Closing Date Software.

            (a) The Buyer shall, or shall cause the Subsidiary to, make two (2)
copies of the source code and object code of the Owned Intellectual Property
existing as of the Closing Date (the "CLOSING DATE SOFTWARE"), and place one (1)
copy with the Buyer and one (1) copy with the Seller within seven (7) days after
the Closing Date.

            (b) The Closing Date Software shall be used for the following
purpose and for no other purpose:

                  (i) to bring any Dispute or defend any Dispute or other claim
made by any Person arising out of or relating to a breach of Section 2.9.

            (c) Each of the Buyer and the Seller shall make no changes to their
copy of the Closing Date Software whatsoever and shall store their copy of the
Closing Date Software in the location and in the manner in which each of them
stores their most sensitive and confidential material.

            (d) The Seller shall not copy all or any portion of the Closing Date
Software for any purpose. The Seller shall not disclose all or any portion of
the Closing Date Software to any Person, except for the purpose described in
Section 5.13(b).

            (e) Without in any way limiting the scope of Section 7.7. the Seller
acknowledges and agrees that the Buyer would be damaged irreparably in the event
any of the provisions of this Section 5.13 are not performed in accordance with
their specific terms or otherwise are breached. Accordingly, the Seller agrees
that the Buyer shall be entitled to an injunction or injunctions to prevent
breaches of the provisions of this Section 5.13 and to enforce specifically this
Section 5.13 and the terms and provisions hereof in any action instituted in any
court having jurisdiction over the parties and the matter, in addition to any
other remedy to which they may be entitled, at law or in equity. Furthermore,
damages to the Subsidiary or the Buyer resulting from Seller's breach of this
Section 5.13 shall not be subject to (i) the Seller's Minimum Threshold (as
defined in Section 6.1(c)(i) and (ii) any other limitations on liability or the
availability of consequential damages contained in this Agreement.

            SECTION 5.14 Payment to the Seller re: Dianne Lamb. The Buyer shall
pay, or cause to be paid, to the Seller no later than 30 days after the Closing
Date, the amount of CAN$59,920 representing the amount owing by the Subsidiary
to the Seller in respect of Dianne Lamb.

                                       35

<PAGE>

                                   ARTICLE VI

                           INDEMNITY AND REIMBURSEMENT

            SECTION 6.1 Indemnification.

            (a) Survival Generally. The representations and warranties of the
Buyer and the Seller in this Agreement and the indemnities set forth in Sections
6.1(b) and 6.1(d) related thereto shall survive the Closing and the sale and
transfer of the Shares for a period of twenty-four (24) months from the Closing
Date except for (i) representations and warranties contained in Sections 2.2,
2.3 and 3.2 and the indemnities set forth in Sections 6.1(b) and 6.1(d) which
relate thereto, each of which shall survive indefinitely (collectively, the
"UNLIMITED REPRESENTATIONS"), (ii) claims based upon the assertion that the
indemnifying party had committed fraud or deceit, which claims may be made at
any time, (iii) representations and warranties contained in Sections 2.7 and
2.21 and the indemnity set forth in Section 6.1(b) related thereto, each of
which shall survive until the applicable statutes of limitations affecting such
representations and warranties or claims has expired; and (iv) representations
and warranties contained in Section 2.26 and the indemnity set forth in Section
6.1(b) related thereto, which shall survive until the date that is six (6)
months following the expiration of the period (if any) during which an
assessment, reassessment or other formal recognized document assessing liability
for any Tax in respect of any taxable period covered by Section 2.26 under any
applicable Tax legislation could be issued; provided, however, that,
notwithstanding anything herein to the contrary, the applicable survival period
shall be extended automatically to include any time period necessary to resolve
a claim for indemnification that was made in accordance with the terms of this
Agreement before expiration of the applicable survival period but not resolved
prior to its expiration, and any such extension shall apply only as to the
specific claims asserted and not so resolved within the applicable survival
period. The liability associated with any such item shall continue until such
claim shall have been finally settled, decided or adjudicated.

            (b) Indemnification by the Seller. Notwithstanding any due diligence
investigation made by the Buyer, subject to Section 2.26(f), the Seller hereby
agrees to indemnify, defend, save and hold harmless the Buyer, its officers,
directors, stockholders, members, managers, employees, agents, representatives,
successors and assigns (collectively, the "BUYER PARTIES") from and against, and
shall pay or reimburse the Buyer Parties for or in respect of, any and all
losses, damages, deficiencies, liabilities, claims, economic injury,
obligations, expenses, fines, penalties, litigations, assessments, demands,
defenses, judgments, suits, actions or causes of action, proceeding costs,
disbursements, fees and expenses (including all out-of-pocket expenses,
reasonable investigation expenses and reasonable fees and disbursements of
accountants and counsel) of any nature whatsoever, which amounts may include but
are not limited to the Purchase Price, funds invested in the Company or the
Subsidiary by the Buyer or its affiliates after the Closing (collectively, the
"DAMAGES") incurred or suffered by any of the Buyer Parties resulting from or
arising out of:

                  (i) any misrepresentation or breach of any representation or
warranty of the Seller, or any breach or non-fulfillment of or any failure to
perform any of the covenants,

                                       36

<PAGE>

agreements or undertakings of the Seller, contained in this Agreement, any
Related Agreement to which it is a party or in any certificate or other
instrument furnished or to be furnished to the Buyer hereunder; and

                  (ii) any of the following liabilities (the "EXCLUDED
LIABILITIES INDEMNIFICATION"):

                              (1) any liabilities of the Company or the
Subsidiary not accrued for in the Financial Statements or not incurred in the
ordinary course of business after November 30, 2003 arising from or related to
litigation or other types of Claims, whether latent, patent, disclosed,
undisclosed, asserted, unasserted, known or unknown, to the extent existing or
unaccrued, provided such liabilities were based on occurrences, acts or
omissions prior to the Closing and provided further such liabilities did not
arise in the ordinary course of business after November 30, 2003, including, but
not limited to the following liabilities: liabilities related to discrepancies
in the Financial Statements (other than Taxes related to such discrepancies,
which are subject to the indemnification obligations of Section 6.1(b)(ii)(3)
below) revealed as a result of the sales tax audit, the audit of the FY 02
Financial Statements (and any consistent adjustments to be made to the Current
Financial Statements) and employee health tax review, liabilities, whether
currently known or unknown, incurred in connection with violations of any Law,
statute, rule or regulation, including discrimination or employment security,
occupational safety, wage, health, welfare, employee benefit or environmental
laws or regulations regardless of when or how detected or by whom asserted,
workers' compensation claims, outstanding severance, bonus or other payments due
or past due to former employees or consultants of the Company and the Subsidiary
as of the Closing Date, employee claims under the Benefit Plans, property damage
and/or general liability and product liability claims;

                              (2) any and all liabilities related to Claims made
or threatened or which could or may be made or threatened by Cyence
International Inc. ("CYENCE") in the future based on occurrences, acts or
omissions prior to the Closing, including without limitation, any current or
future liability relating to the dispute between the Subsidiary and Cyence
related to the Software Master Agreement made as of April 6, 2001 (the "CYENCE
AGREEMENT");

                              (3) Taxes (as defined in Section 2.26(d)) owing by
the Company and the Subsidiary for periods or portions of periods ending on or
prior to the Closing Date, including, for the avoidance of doubt and without
otherwise limiting the scope of the indemnity hereunder, any liability finally
determined owing in respect of the audits referred to in Section 2,26. but only
to the extent that such Taxes are owing after utilizing any available Tax losses
and research and development Tax credits (accrued on or prior to the Closing
Date and determined in good faith, by the Buyer and the Seller acting
reasonably) and other than (a) liabilities for Taxes to the extent reflected on
the Current Balance Sheet or accrued after the Balance Sheet Date and on or
before the Closing Date in the ordinary course of business; and (b) liabilities
for Taxes that arise out of or in connection with any Pre-Closing Returns that
were filed or caused to be filed by the Buyer other than in accordance with
Section 5.7(b);

                                       37

<PAGE>

                              (4) liabilities for stock option or other
stock-based incentives accrued, owed, made or promised to the Company's or the
Subsidiary's employees or consultants prior to Closing or for loss of
participation in such plans following the Closing;

                              (5) subject to Section 5.2, liabilities for
management bonuses for fiscal year 2003, if any, accrued, owed or promised to
the Company's or the Subsidiary's employees or consultants prior to Closing;

                              (6) liabilities for borrowed money (including any
and all bank and or institutional debt, together with any and all unpaid
interest thereon and prepayment penalties) and/or capitalized leases and any and
all obligations of the Company or the Subsidiary or any Affiliate (as defined in
Section 2.27) as a guarantor of another's debts or obligations as of the Closing
Date including, but not limited to (A) the CAN$64,200 credit due financiaLinx
Corporation from the Subsidiary, and (B) the CAN $73,850 equipment accrual due
financiaLinx Corporation from the Subsidiary; but excluding (W) the Seller Loan
Amount and (X) the RBC Loan Amount; and

                              (7) any and all outstanding obligations of the
Company or the Subsidiary relating to non-competition agreements with former
employees of the Company or the Subsidiary as of the Closing Date; and

                              (8) liabilities, obligations, debts or guarantees
of the Company or the Subsidiary based on occurrences, acts or omissions prior
to the Closing that are not expressly disclosed in this Agreement or on the
Schedules hereto, in the Current Financial Statements or that are contingent,
other than liabilities, obligations, debts or guarantees of the Company or the
Subsidiary accrued, owed, promised or made in the ordinary course of business
after November 30, 2003.

            (c) Limitations on the Seller's Indemnification. Notwithstanding
anything herein to the contrary, the indemnification obligations of the Seller
under the foregoing subsection (b) of this Section 6.1 shall be subject to the
following limitations:

                  (i) The Seller shall not have any indemnification obligation
with respect to the first CAN fifty thousand dollars (CAN$50,000) of Damages, in
the aggregate, of the Buyer Parties for a breach or inaccuracy of any
representation or warranty (the "SELLER'S MINIMUM THRESHOLD"); provided,
however, that (1) because the parties have provided for a Seller's Minimum
Threshold, it is agreed that solely for the purpose of determining whether the
Seller's Minimum Threshold has been met and not for the purpose of determining
amounts to be paid under subsection (2) below, a representation or warranty
shall be deemed breached or inaccurate if the same would have been breached or
inaccurate had the representation or warranty not been qualified by the words
"material", "materially", "Material Adverse Effect", "in all material respects",
or words of similar import, (2) the Seller's Minimum Threshold shall not
function as a "deductible" so that the Buyer shall be entitled to all Damages
after the Seller's Minimum Threshold has been met, and (3) Damages for the
Excluded Liabilities Indemnification, or resulting from the Seller's fraud shall
not be subject to the Seller's Minimum Threshold, but shall be payable by the
Seller on a dollar-for-dollar basis without any exclusion therefor or reduction
thereof.

                                       38

<PAGE>

                  (ii) Notwithstanding anything herein to the contrary, all
claims for indemnification by the Buyer against the Seller must be asserted not
later than the survival period applicable to such claims under Section 6.l(a);
provided, however, that claims for Excluded Liabilities Indemnification, breach
of the Seller's Unlimited Representations and fraud may be asserted for so long
as the applicable statute of limitations remains open.

            (d) Indemnification by the Buyer. The Buyer shall indemnify, defend,
save and hold harmless the Seller and its officers, directors, stockholders,
members, managers, employees, agents, representatives, successors and assigns
(collectively, the "SELLER PARTIES") from and against, and shall pay or
reimburse the Seller Parties for or in respect of, any and all Damages resulting
from or arising out of any misrepresentation or breach of any representation or
warranty by the Buyer, or any breach or non-fulfillment of or any failure to
perform any of the covenants, agreements or undertakings of the Buyer, contained
in this Agreement, any Related Agreement to which it is a party or in any
certificate or other instrument furnished or to be furnished to the Seller
hereunder (including, without limitation, a breach of Section 5.2).

            (e) Limitations on the Buyer's Indemnification. Notwithstanding
anything herein to the contrary, the indemnification obligations of the Buyer
under the foregoing subsection (d) of this Section 6.1 shall be subject to the
following limitations:

                  (i) The Buyer shall not have any indemnification obligation
with respect to the first CAN fifty thousand dollars (CAN$50,000) of Damages, in
the aggregate, of the Seller Parties for a breach or inaccuracy of any
representation or warranty (the "BUYER'S MINIMUM THRESHOLD")', provided,
however, that (1) because the parties have provided for a Buyer's Minimum
Threshold, it is agreed that solely for the purpose of determining whether the
Buyer's Minimum Threshold has been met and not for the purpose of determining
amounts to be paid under subsection (2) below, a representation or warranty
shall be deemed breached or inaccurate if the same would have been breached or
inaccurate had the representation or warranty not been qualified by the words
"material", "materially", "Material Adverse Effect", "in all material respects",
or words of similar import, (2) the Buyer's Minimum Threshold shall not function
as a "deductible" so that the Seller shall be entitled to all Damages after the
Buyer's Minimum Threshold has been met, and (3) Damages resulting from Buyer's
fraud shall not be subject to the Buyer's Minimum Threshold, but shall be
payable by the Buyer on a dollar-for-dollar basis without any exclusion therefor
or reduction thereof.

                  (ii) Notwithstanding anything herein to the contrary, all
claims for indemnification by the Seller against the Buyer under the foregoing
subsection (d) of this Section 6.1 must be asserted not later than the survival
period applicable to such claims under Section 6,l(a); provided, however, that
breach of the Buyer's Unlimited Representation and fraud may be asserted for so
long as the applicable statute of limitation remains open.

            (f) Arbitration.

                  (i) Subject to Section 6.l(f)(ix), if the parties hereto are
unable to resolve any controversy, dispute or claim arising out of, or relating
to, this Agreement (any such controversy, claim or dispute, a "DISPUTE"), the
affected party shall notify the other party in writing setting forth in
reasonable detail the amount, nature and basis of the Dispute (the

                                       39

<PAGE>

"DISPUTE NOTICE"). Within ten (10) days following the delivery of the Dispute
Notice, the parties shall use their commercially reasonable efforts to resolve
such Dispute. All negotiations pursuant to this clause are confidential and
shall be treated as compromise and settlement negotiations and are deemed to be
without prejudice without prejudice at common law and under applicable
legislation.

                  (ii) If the parties are unable to resolve any Dispute on or
before the tenth (10th) day following the receipt of the Dispute Notice
described in clause (i) hereof, then any affected party may cause such Dispute
to be settled by final and binding arbitration in New York, New York before JAMS
Inc., or its successor, pursuant to the United States Arbitration Act, 9 U.S.C.
Sec. 1 et seq., by filing a written demand for arbitration with JAMS Inc., with
a copy to the other affected party, by submitting such dispute for arbitration
within thirty (30) days following the expiration of such ten (10) day period.

                  (iii) The arbitration will be conducted in accordance with the
provisions of JAMS Inc.'s Comprehensive Arbitration Rules and Procedures in
effect at the time of filing of the demand for arbitration (the "RULES") as
modified by this provision; provided, that the parties agree that each party to
the Dispute shall have discovery to the same extent as provided under the
Federal Rules of Civil Procedure. Subject to the terms of Section 7.8, requests
for injunctive or other equitable relief may, notwithstanding the foregoing, be
brought directly in any court of competent jurisdiction to preserve the status
quo or to avoid irreparable harm; but the parties will continue to participate
in good faith in the procedures specified in this section.

                  (iv) When a Dispute has been submitted for arbitration, within
fourteen (14) days of such submission, the parties will cooperate with one
another and with JAMS Inc. in (A) selecting one (1) arbitrator from their panel
of neutrals, who shall be a former judge, and (B) scheduling the arbitration
proceedings. If the parties cannot agree within fourteen (14) days, the
selection of the arbitrator and the scheduling of the proceedings shall be made
in accordance with the Rules, but in any event, such arbitrator shall be a
former judge.

                  (v) This agreement to arbitrate shall be specifically
enforceable against the parties by any court of competent jurisdiction, and may
be challenged only upon the grounds provided in Article 10 to the United States
Arbitration Act, 9 U.S.C. Sec. 10. Application may also be made to such court to
confirm any decision or award of the arbitrator, for an order of enforcement and
for any other remedies which may be necessary to effectuate such decision or
award. All the parties hereby consent to the jurisdiction of the arbitrator and
of such court and waive any objection to the jurisdiction of such arbitrator and
such court.

                  (vi) The prevailing party to any arbitration proceeding
commenced hereunder shall be entitled, as a part of the arbitration award, to
the costs and expenses (including reasonable attorneys' fees and interest on any
award) of investigating, preparing and pursuing an arbitration claim as such
allocation of costs and expenses is determined by the arbitrator.

                  (vii) This agreement to arbitrate shall survive the
termination of this Agreement.

                                       40

<PAGE>

                  (viii) Subject to Section 7.8, each of the parties hereby
consents to the jurisdiction of the courts of the State of New York for purposes
of entering judgment with respect to such award. Once any award shall be made
hereunder (and shall become final), the parties shall promptly comply with the
terms of such award.

                  (ix) This Section 6.1(f) shall not apply to any controversy,
claim or dispute or claim arising out of, or relating to, the Non-Competition
Agreement and/or the Restated Customer Agreement.

            (g) The amount of any Damages or other liability for which
indemnification is provided under this Section 6.1 shall be (i) increased to
take account of any net Tax cost incurred by the indemnitee arising from the
receipt of indemnity payments hereunder (grossed up for such increase) and (ii)
reduced to take account of any net Tax benefit realized by the indemnitee
arising from the incurrence or payment of such Damages or liability. In
computing the amount of any such Tax cost or benefit, the indemnitee shall be
deemed to recognize all other items of income, gain, loss, deduction or credit
before recognizing any item arising from the receipt of any indemnity payment
under this Section 6.1 or the incurrence or payment of any indemnified Damage or
liability. Any payment made under this Section 6.1 shall be treated for Tax
purposes as an adjustment to the Purchase Price.

            (h) Without limiting the rights of any party under common law in
respect of claims based on fraud or under federal securities laws, the
provisions of Article VI shall constitute the sole and exclusive remedy of the
parties hereto for any of the matters referred to therein.

            SECTION 6.2 Notice and Defense of Claims. The obligations and
liabilities of the party required to provide indemnification (the "INDEMNIFYING
PARTY") hereunder with respect to claims resulting from the assertion of
liability by the party entitled to indemnification hereunder (the "INDEMNIFIED
PARTY"), including any third party indemnitee, shall be subject to the following
terms and conditions:

            (a) Notice. The indemnified party shall give prompt written notice
to the indemnifying party of any claim or event known to it which does or may
give rise to a claim by the indemnified party against the indemnifying party for
which the indemnified party believes it is entitled to indemnification pursuant
to this Article VI, stating the nature and basis of such claims or events and
the amounts thereof, to the extent known, and in the case of any claim, action,
suit or proceeding brought by any third party, a copy of any claim, process or
legal pleadings with respect thereto promptly after any such documents are
received by the indemnified party (a "NOTICE OF CLAIM"). Such notice shall be
given in accordance with Section 7.1; provided, however, that no delay on the
part of the indemnified party in notifying any indemnifying party shall relieve
the indemnifying party from any obligation hereunder unless (and then solely to
the extent) the indemnifying party thereby is prejudiced.

            (b) Third Party Claims or Actions.

                  (i) Except as otherwise provided in Section 5.8(b), in the
event any claim, action, suit or proceeding is made or brought by any third
party against the Buyer, the

                                       41

<PAGE>

Company, the Subsidiary or the Seller with respect to which the Buyer or the
Seller may have liability for Damages under this Article VI, the indemnifying
party shall, at its own expense, be entitled to participate in and, to the
extent that it shall wish, to assume the defense, with independent counsel
reasonably satisfactory to the indemnified party; provided, that in assuming the
defense of any such third party claim, action, suit or proceeding, the
indemnifying party acknowledges in writing to the indemnified party that the
indemnifying party shall thereafter be liable for any Damage with respect to
such claim, action, suit or proceeding.

                  (ii) If the indemnifying party elects to assume control of
such defense or settlement, it shall conduct such defense or settlement in a
manner reasonably satisfactory and effective to protect the indemnified party
fully; such indemnifying party and its counsel will keep the indemnified party
fully advised as to its conduct of such defense or settlement; and no compromise
or settlement shall be agreed or made without the written consent of the
indemnified party (which consent shall not be unreasonably withheld) unless the
sole relief is monetary damages for which the indemnifying party assumes in
writing full responsibility for payment and has demonstrated the financial
resources to make such payment. In any case, the indemnified party shall have
the right to employ its own counsel and such counsel may participate in such
action, but the fees and expenses of such counsel shall be at the expense of the
indemnified party, when and as incurred, unless (A) the employment of counsel by
the indemnified party has been authorized in writing by the indemnifying party,
(B) the indemnified party shall have reasonably concluded that there may be a
conflict of interest between the indemnifying party and the indemnified party in
the conduct of the defense of such action, (C) the indemnifying party shall not
in fact have employed independent counsel reasonably satisfactory to the
indemnified party to assume the defense of such action and shall have been so
notified by the indemnified party, (D) the indemnified party shall have
reasonably concluded and specifically notified the indemnifying party either
that there may be specific defenses available to it which are different from or
additional to those available to it or that such claim, action, suit or
proceeding involves or could have a Material Adverse Effect upon it beyond the
financial resources of the indemnifying party or the scope of this Agreement, or
(E) the indemnifying party fails to conduct such defense or settlement in a
manner reasonably satisfactory to protect the indemnified party fully.
Notwithstanding Section 6.2(b)(i) above, if clause (B), (C), (D) or (E) of the
preceding sentence shall be applicable, then counsel for the indemnified party
shall have the right to direct the defense of such claim, action, suit or
proceeding on behalf of the indemnified party and the reasonable fees and
disbursements of such counsel shall constitute Damages hereunder.

                  (iii) If the indemnifying party does not elect to assume the
defense of any such claim, or if it fails to conduct said defense or settlement
in a manner reasonably satisfactory to protect the indemnified party fully, the
indemnified party may engage independent counsel selected by the indemnified
party to assume the defense and may contest, pay, settle or compromise any such
claim on such terms and conditions as the indemnified party may determine. The
reasonable fees and disbursements of such counsel shall constitute Damages
hereunder.

            (c) Non-Third Party Claims. An indemnifying party shall have thirty
(30) days after receipt of a Notice of Claim to notify the indemnified party in
writing whether the indemnifying party accepts liability, subject to the limits
set forth in this Agreement for all or any part of the Damages described in the
Notice of Claim. If the indemnifying party does not so

                                       42

<PAGE>

notify the indemnified party, the indemnifying party shall be deemed to accept
liability, subject to the limits set forth in this Agreement, for all the
Damages described in the Notice of Claim.

            (d) Status. To the extent practicable, the indemnified party and the
indemnifying party, as the case may be, shall be kept fully informed of any
claim, action, suit or proceeding at all stages thereof whether or not such
party is represented by its own counsel.

            SECTION 6.3 Cooperation. The parties agree to render to each other
such assistance as they may reasonably require of each other and to cooperate in
good faith with each other in order to ensure the proper and adequate defense of
any claim, action, suit or proceeding brought by any third party. Where counsel
has been selected by the Seller or by the Buyer pursuant to Section 6.2, the
Seller or the Buyer, as the Case may be, shall be entitled to rely upon the
advice of such counsel in the conduct of the defense.

            SECTION 6.4 Confidentiality. The parties agree to cooperate in such
a manner as to preserve in full the confidentiality of all confidential business
records and the attorney-client and work-product privileges. In connection
therewith, each party agrees that (i) it will use its best efforts, in any
claim, action, suit or proceeding in which it has assumed or participated in the
defense, to avoid production of confidential business records; and (ii) all
communications between any party and counsel responsible for or participating in
the defense of any claim, action, suit or proceeding shall, to the extent
possible, be made so as to preserve any applicable attorney-client or
work-product privilege.

            SECTION 6.5 Beneficiaries. Each of the Seller Parties and the Buyer
Parties, and its respective assigns and successors, are third party
beneficiaries of Article VI of this Agreement in accordance with its terms. Any
modification of Article VI of this Agreement executed by the signatories shall
be binding upon such Persons, and any consent or action taken by any signatory
on its own behalf shall be binding upon such Persons of such signatory, for
purposes of this Agreement. Article VI of this Agreement is not intended to, nor
shall it be deemed to, create any rights in any persons except for the Buyer
Parties and the Seller Parties, and each of their respective successors and
assigns.

                                   ARTICLE VII

                                  MISCELLANEOUS

            SECTION 7.1 Notices. All notices or other communications required or
permitted to be given hereunder shall be in writing and shall be deemed to have
been duly given if (i) delivered personally, (ii) sent by facsimile
transmission, federal express or other recognized overnight delivery service or
(iii) sent by registered or certified mail, return receipt requested, postage
prepaid, addressed as follows or to such other address of which the parties may
have given notice:

To the Seller:  BANK OF MONTREAL
                55 Bloor Street West
                Toronto, Ontario
                Canada M4W 3N5

                                       43

<PAGE>

                Attention: Lloyd F. Darlington, President and Chief Executive
                Officer, Technology and Solutions and Head, E-Business
                Facsimile Number: (416) 927-6050

With a copy to: BANK OF MONTREAL
                1 First Canadian Place
                Law Department
                21st Floor
                Toronto, Ontario
                Canada M5X 1A1
                Attention: Vice-President - Law Department
                Facsimile Number: (416) 867-7191

To the Buyer:   DEALERTRACK HOLDINGS, INC.
                105 Maxess Road, Suite N109
                Melville, New York 11747
                Attention: Eric D. Jacobs, Esq.
                Facsimile Number: (631) 486-1602

With a copy to: Kelley Drye & Warren LLP
                101 Park Avenue
                New York, New York 10178
                Attention: Carmine J. Broccole, Esq.
                Facsimile Number: (212) 808-7897

Unless otherwise specified herein, such notices or other communications shall be
deemed received (a) on the date delivered, if delivered personally, by facsimile
transmission, federal express or other recognized overnight delivery service; or
(b) five (5) business days after being sent, if sent by registered or certified
mail.

            SECTION 7.2 Binding Effect; No Third Party Beneficiaries. Subject to
Section 7.3, this Agreement shall be binding upon and inure to the benefit of
the parties and their respective successors and assigns. Except as provided in
Article VI with respect to indemnification of certain Persons hereunder, nothing
in this Agreement shall confer any rights or remedies upon any Person other than
the parties and their respective successors and permitted assigns.

            SECTION 7.3 Assignment. This Agreement shall not be assigned by any
of the parties without the prior written consent of the other parties; provided,
however, that no assignment by the Buyer or the Seller shall in any way affect
its respective obligations or liabilities under this Agreement. Any assignment
in contravention of this Section 7.3 shall be void.

            SECTION 7.4 Entire Agreement; Attachments.

            (a) This Agreement, all Schedules and Exhibits hereto, and the
Related Agreements constitute the entire understanding and agreement between the
parties with respect

                                       44

<PAGE>

to the subject matter hereof and supersede all prior oral and written and all
contemporaneous oral negotiations, commitments and understandings between the
parties.

            (b) If the provisions of any Schedule or Exhibit to this Agreement
are inconsistent with the provisions of this Agreement, the provision of this
Agreement shall prevail. The Exhibits and Schedules attached hereto or to be
attached hereafter are hereby incorporated as integral parts of this Agreement.

            SECTION 7.5 Amendment; Waivers, etc. No amendment, modification or
discharge of this Agreement, and no waiver hereunder, shall be valid or binding
unless set forth in writing and duly executed by the party against whom
enforcement of such amendment, modification, discharge or waiver is sought. Any
such waiver shall constitute a waiver only with respect to the specific matter
described in such writing and shall in no way impair the rights of the party
granting such waiver in any other respect or at any other time. Neither the
waiver by any of the parties of a breach of or a default under any of the
provisions of this Agreement, nor the failure by any of the parties, on one or
more occasions, to enforce any of the provisions of this Agreement or to
exercise any right or privilege hereunder, shall be construed as a waiver of any
other breach or default of a similar nature, or as a waiver of any of such
provisions, rights or privileges hereunder. The rights and remedies of any party
based upon, arising out of or otherwise in respect of any inaccuracy or breach
of any representation, warranty, covenant or agreement shall in no way be
limited by the fact that the act, omission, occurrence or other state of facts
upon which any claim of any such inaccuracy or breach is based may also be the
subject matter of any other representation, warranty, covenant or agreement as
to which there is no inaccuracy or breach. The representations and warranties of
the Seller shall not be affected or deemed waived by reason of any investigation
made by or on behalf of the Buyer (including by any of its advisors, consultants
or representatives) or by reason of the fact that the Buyer or any of such
advisors, consultants or representatives knew or should have known that any such
representation or warranty is or might be inaccurate.

            SECTION 7.6 Publicity. No press release or other announcement
concerning the terms of this Agreement or any other agreement referred to
herein, or the transactions contemplated hereby and thereby, shall be issued by
any of the parties hereto without the prior written consent of the other
parties, which consent shall not be unreasonably withheld; provided, however,
that (i) to the extent a party determines, based on the advice of counsel, that
the issuance of such press release or the making of such announcement is
required by law or legal process, such party may issue such press release or
make such announcement but such party shall, whenever practicable, consult with
the other parties concerning the timing and content of such press release or
other announcement before such press release or other announcement is made or
issued and (ii) to the extent a party issues a press release or other
announcement which does not describe the terms of this Agreement or any other
agreement referred to herein, but which may include the corporate name of the
other party, such party may issue such press release or make such announcement.
Except as otherwise provided in this Section 7.6, a party issuing a press
release or making an announcement shall allow the other parties reasonable time
to comment on such press release or announcement in advance of such issuance.
Except as otherwise required by law based on the opinion of counsel, the party
whose announcement has been reviewed shall remove or revise any information the
reviewing parties reasonably deems to be inappropriate for disclosure.
Notwithstanding the foregoing, the parties shall cooperate with

                                       45

<PAGE>

each other in preparing an appropriate public announcement of this transaction
no later than one (1) business day after the Closing Date, which announcement
shall be on terms mutually agreed to in writing by the parties.

            SECTION 7.7 Specific Performance. Each of the parties acknowledges
and agrees that the other party would be damaged irreparably in the event any of
the provisions of this Agreement are not performed in accordance with their
specific terms or otherwise are breached. Accordingly, each of the parties
agrees that the other party shall be entitled to an injunction or injunctions to
prevent breaches of the provisions of this Agreement and to enforce specifically
this Agreement and the terms and provisions hereof in any action instituted in
any court having jurisdiction over the parties and the matter, in addition to
any other remedy to which they may be entitled, at law or in equity.

            SECTION 7.8 Submission to Jurisdiction. SUBJECT TO THE REQUIREMENTS
OF ARBITRATION HEREUNDER, EACH PARTY HEREBY IRREVOCABLY SUBMITS, FOR ITSELF AND
ITS PROPERTY, TO THE JURISDICTION OF EITHER THE UNITED STATES DISTRICT COURT OF
THE SOUTHERN DISTRICT OF NEW YORK OR THE STATE COURT OF THE STATE OF NEW YORK IN
THE CITY OF NEW YORK, IN ANY CLAIM, ACTION, SUIT OR PROCEEDING BROUGHT AGAINST
IT AND RELATED TO OR IN CONNECTION WITH THIS AGREEMENT OR THE TRANSACTIONS
CONTEMPLATED HEREBY (EXCEPT AS IT RELATES TO OR IS IN CONNECTION WITH THE
NON-COMPETITION AGREEMENT AND/OR THE RESTATED CUSTOMER AGREEMENT), AND TO THE
EXTENT PERMITTED BY APPLICABLE LAW, EACH PARTY HEREBY WAIVES AND AGREES NOT TO
ASSERT BY WAY OF MOTION, AS A DEFENSE OR OTHERWISE IN ANY SUCH SUIT, ACTION OR
PROCEEDING, ANY CLAIM THAT IT IS NOT PERSONALLY SUBJECT TO THE JURISDICTION OF
SUCH COURTS, THAT THE SUIT, ACTION OR PROCEEDING IS BROUGHT IN AN INCONVENIENT
FORUM, THAT THE VENUE OF THE SUIT, ACTION OR PROCEEDING IS IMPROPER, OR THAT
THIS AGREEMENT OR ANY DOCUMENT OR ANY INSTRUMENT REFERRED TO HEREIN, OR THE
SUBJECT MATTER HEREOF MAY NOT BE LITIGATED IN OR BY SUCH COURTS (EXCEPT AS IT
RELATES TO OR IS IN CONNECTION WITH THE NON-COMPETITION AGREEMENT AND/OR THE
RESTATED CUSTOMER AGREEMENT). TO THE EXTENT PERMITTED BY APPLICABLE LAW, EACH
PARTY AGREES NOT TO SEEK AND HEREBY WAIVES THE RIGHT TO ANY REVIEW OF THE
JUDGMENT, EITHER THROUGH ARBITRATION OR LITIGATION, OF ANY SUCH COURTS BY ANY
COURT OF ANY OTHER NATION OR JURISDICTION WHICH MAY BE CALLED UPON TO GRANT AN
ENFORCEMENT OF SUCH JUDGMENT. SUBJECT TO SECTION 6.1(F), EACH PARTY AGREES THAT
SERVICE OF PROCESS MAY BE MADE UPON IT BY CERTIFIED OR REGISTERED MAIL TO THE
ADDRESS FOR NOTICES SET FORTH IN THIS AGREEMENT OR ANY OTHER METHOD AUTHORIZED
BY THE LAWS OF THE STATE OF NEW YORK.

            SECTION 7.9 Expenses. Except as otherwise expressly provided herein,
the Buyer, on behalf of itself, and the Seller, on behalf of itself, the Company
and the Subsidiary, shall each pay their respective expenses, cost and fees in
connection with this Agreement and the transactions contemplated hereby.

                                       46

<PAGE>

            SECTION 7.10 Legal Fees. In the event that legal proceedings are
commenced by the Buyer against the Seller, or by the Seller against the Buyer,
in connection with this Agreement and/or the transactions contemplated hereby,
the party which does not prevail in such proceedings shall pay the reasonable
attorneys' fees and other costs and expenses, including investigation costs,
incurred by the prevailing party in such proceedings.

            SECTION 7.11 Governing Law. This Agreement (excluding, for
certainty, the Non-Competition Agreement and Restated Customer Agreement) shall
be governed in all respects, including as to validity, interpretation and
effect, by the internal laws of New York, without giving effect to the conflict
of laws rules thereof to the extent that the application of the law of another
jurisdiction would be required thereby.

            SECTION 7.12 Terminology and Construction.

            (a) All words in this Agreement, regardless of the number and gender
in which they are used, shall be deemed and construed to include any other
number (singular or plural) and any other gender (masculine, feminine or
neuter), as the context of this Agreement may require.

            (b) Unless otherwise indicated herein, any reference in this
Agreement to a Section, Article, Exhibit or Schedule shall mean the applicable
section, article, exhibit or schedule of or to this Agreement.

            (c) As used in this Agreement, the word "include," "includes" or
"including" shall not be construed to limit such statement, term or matter to
the specific items or matters set forth immediately following such word or to
similar items or matters, but rather shall be deemed to refer to all other items
and matters that could reasonably fall within the broadest possible scope of
such statement, term or matter.

            (d) The headings in this Agreement are intended solely for
convenience and shall be given no effect in the construction and interpretation
hereof.

            (e) As used in this Agreement, the words "herein," "hereof,"
"hereunder" and other similar words shall refer to this Agreement taken as a
whole and not to a particular Section or Article.

            (f) As used in this Agreement, the term "party" or "parties" refers
to the Buyer and/or the Seller, as the case may be.

            (g) The parties and their respective legal counsel have participated
in the drafting and negotiation of this Agreement. In the event that an
ambiguity or question of intent or interpretation arises, this Agreement shall
not be construed against (and no presumption or burden of proof shall arise
favoring or disfavoring) any party.

            (h) A reference to any legislation or to any provision of any
legislation shall include any modification or re-enactment thereof, any
legislative provision substituted therefor and all regulations and statutory
instruments issued thereunder or pursuant thereto.

                                       47

<PAGE>

            (i) Unless otherwise expressly stated, all amounts (including any
post-Closing payments) denoted herein in US dollars shall be paid in US dollars
and all amounts denoted herein in Canadian dollars shall be paid in Canadian
dollars.

            (j) As used in this Agreement, the term "knowledge" refers to the
actual knowledge, as well as knowledge that would have been discovered after
reasonable inquiry, of any director or officer of the Seller, the Buyer, the
Company or the Subsidiary, as applicable, other than knowledge gained by any
officer of the Seller solely in his or her capacity as a director of
financiaLinx Corporation.

            (k) As used in this Agreement, the term "ordinary course of
business" refers to the business of the relevant entity as currently conducted
consistent with past practice and with the customs of the industry (including
with respect to quantity and frequency).

            SECTION 7.13 Schedules. The Schedules are a part of this Agreement
as if fully set forth herein and all references to this Agreement shall be
deemed to include the Schedules. Any fact or item in Schedules 2.2, 2.7, 2.10,
2.11, 2.13(d), 2.14(b) (solely with respect to Sections thereof entitled
"Breaches under current agreements" and "Other Status"), 2.17, and 2.19 (solely
with respect to Sections thereof entitled "Claims Regarding the Intellectual
Property Rights" and "financiaLinx Corporation Perpetual License") shall be
deemed disclosed with respect to any other Section or Schedule dealing with the
same fact or item. Any fact or item in any Schedule hereto referenced by a
particular Section in this Agreement, other than those described in the previous
sentence, shall be deemed disclosed with respect to any other Section or
Schedule only if an explicit cross-reference appears which clearly indicates the
other Sections or Schedules to which such fact or item also relates.

            SECTION 7.14 Severability. If any provision of this Agreement,
including any phrase, sentence, clause, Section or subsection is inoperative or
unenforceable for any reason, such circumstances shall not have the effect of
rendering the provision in question inoperative or unenforceable in any other
case or circumstance, or of rendering any other provision or provisions herein
contained invalid, inoperative, or unenforceable to any extent whatsoever.

            SECTION 7.15 Counterparts. This Agreement may be executed in one (1)
or more counterparts, each of which shall be deemed to be an original, but all
of which shall be one and the same document.

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

                                       48

<PAGE>

            IN WITNESS WHEREOF, this Agreement has been duly executed by the
parties as of the date first above written.

                                      SELLER:

                                      BANK OF MONTREAL

By: /s/                               By: /s/
                                          --------------------------------------
Name:                                     Name:
Title:                                    Title:

                                      BUYER:

                                      DEALERTRACK HOLDINGS, INC.

                                      By: ______________________________________
                                          Name:
                                          Title:

<PAGE>

            IN WITNESS WHEREOF, this Agreement has been duly executed by the
parties as of the date first above written.

                                  SELLER:

                                  BANK OF MONTREAL

                                  By: ______________________________________
                                      Name:
                                      Title:

                                  BUYER:

                                  DEALERTRACK HOLDINGS, INC.

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

<PAGE>

                                LIST OF SCHEDULES

<TABLE>
<S>                                       <C>
Schedule 1.2                              Funds Flow Chart
Schedule 2.1                              Organization/Qualifications
Schedule 2.2                              Authorization/Consents
Schedule 2.4                              Liens
Schedule 2.5                              Adjustments to Financial Statements
Schedule 2.6                              Liabilities
Schedule 2.7                              Litigation
Schedule 2.8                              Insurance
Schedule 2.9                              Fixed Assets
Schedule 2.10                             Real Estate Leases
Schedule 2.11                             Change in Financial Condition and Assets
Schedule 2.13(b)                          Bank Accounts
Schedule 2.13(d)                          Minute Books
Schedule 2.14(a)                          Contracts and Commitments
Schedule 2.14(b)                          Status of Contracts
Schedule 2.15(a)                          Permits
Schedule 2.16(a)                          Employee Benefit Plans
Schedule 2.16(b)                          Payments and Liabilities with Respect to
                                          Employee Benefit Plans
Schedule 2.17                             Absence of Certain Changes
Schedule 2.18                             Customers
Schedule 2.19                             Intellectual Property
Schedule 2.26                             Taxes
Schedule 2.27                             Affiliated Transactions
</TABLE>

                                      -ii-

<PAGE>

<TABLE>
<S>                                                                                 <C>
ARTICLE I    PURCHASE OF SHARES; PURCHASE PRICE.................................     1
     SECTION 1.1  Purchase of Shares............................................     1
     SECTION 1.2  Purchase Price... ............................................     1
     SECTION 1.3  Purchase Price Adjustment.....................................     2
     SECTION 1.4  The Closing...................................................     3
ARTICLE II   REPRESENTATIONS OF THE SELLER......................................     4
     SECTION 2.1  Organization..................................................     4
     SECTION 2.2  Authorization; Non-Contravention..............................     4
     SECTION 2.3  Capital Stock; Subsidiaries.......................... .... ...     5
     SECTION 2.4  Ownership and Sufficiency of the Assets.......................     6
     SECTION 2.5  Financial Statements..........................................     6
     SECTION 2.6  Absence of Undisclosed and/or Unrecorded Liabilities..........     7
     SECTION 2.7  Litigation....................................................     7
     SECTION 2.8  Insurance.....................................................     7
     SECTION 2.9  Fixed Assets..................................................     8
     SECTION 2.10 Real Estate Leases............................................     8
     SECTION 2.11 Change in Financial Condition and Assets......................     8
     SECTION 2.12 Accounts Receivable; Accounts Payable.........................     8
     SECTION 2.13 Books and Records; Bank Accounts, Powers, etc.................     9
     SECTION 2.14 Contracts and Commitments.....................................    10
     SECTION 2.15 Permits; Compliance with Laws.................................    12
     SECTION 2.16 Employee Benefits.............................................    12
     SECTION 2.17 Absence of Certain Changes or Events..........................    14
     SECTION 2.18 Lender Customers..............................................    15
     SECTION 2.19 Intellectual Property.........................................    16
     SECTION 2.20 Operation of the Business.....................................    18
     SECTION 2.21 Environmental Compliance and Liabilities......................    19
     SECTION 2.22 Confidentiality...............................................    21
     SECTION 2.23 Disclosure....................................................    21
     SECTION 2.24 Absence of Certain Agreements.................................    21
     SECTION 2.25 Absence of Certain Practices..................................    21
</TABLE>

                                       -i-

<PAGE>

                                TABLE OF CONTENTS
                                   (continued)

<TABLE>
<CAPTION>
                                                                                         Page
<S>                                                                                      <C>
     SECTION 2.26 Taxes.............................................................      21
     SECTION 2.27 Transactions with Affiliates......................................      24
     SECTION 2.28 Brokers, Finders, etc.............................................      24
ARTICLE III  REPRESENTATIONS AND WARRANTIES OF THE BUYER............................      25
     SECTION 3.1  Organization, Standing and Qualification..........................      25
     SECTION 3.2  Authorization; No Conflicts; Consents.............................      26
     SECTION 3.3  Brokers, Finders, etc.............................................      26
     SECTION 3.4  Purchase for Investment...........................................      26
ARTICLE IV   CONDITIONS TO OBLIGATION TO CLOSE......................................      26
     SECTION 4.1  Conditions to Obligation of the Buyer.............................      26
     SECTION 4.2  Conditions to Obligations of the Seller...........................      29
ARTICLE V    COVENANTS AND POST-CLOSING AGREEMENTS..................................      31
     SECTION 5.1  Payment of RBC Loan Amount and Seller Loan Amount; Promotion
                  of dealer Access Services.........................................      31
     SECTION 5.2  [Intentionally Deleted.]..........................................      31
     SECTION 5.3  Employment Agreement..............................................      31
     SECTION 5.4  Joint Press Release...............................................      32
     SECTION 5.5  Sharing of Data...................................................      32
     SECTION 5.6  Cooperation in Litigation.........................................      32
     SECTION 5.7  Tax Matters.......................................................      32
     SECTION 5.8  Notification of Tax Proceedings; Control..........................      34
     SECTION 5.9  Cooperation in Tax Matters........................................      34
     SECTION 5.10 Certain Taxes.....................................................      34
     SECTION 5.11 [Intentionally Deleted]...........................................      35
     SECTION 5.12 Further Cooperation...............................................      35
     SECTION 5.13 Closing Date Software.............................................      35
     SECTION 5.14 Payment to the Seller re: Dianne Lamb.............................      35
ARTICLE VI   INDEMNITY AND REIMBURSEMENT............................................      36
     SECTION 6.1  Indemnification...................................................      36
     SECTION 6.2  Notice and Defense of Claims......................................      41
</TABLE>

                                      -ii-

<PAGE>

                                TABLE OF CONTENTS
                                   (continued)
<TABLE>
<CAPTION>
                                                                                         Page
<S>                                                                                      <C>
     SECTION 6.3  Cooperation.......................................................      43
     SECTION 6.4  Confidentiality...................................................      43
     SECTION 6 5  Beneficiaries.....................................................      43
ARTICLE VII  MISCELLANEOUS..........................................................      43
     SECTION 7.1  Notices...........................................................      43
     SECTION 7.2  Binding Effect; No Third Party Beneficiaries......................      44
     SECTION 7.3  Assignment........................................................      44
     SECTION 7.4  Entire Agreement; Attachments.....................................      44
     SECTION 7.5  Amendment; Waivers, etc...........................................      45
     SECTION 7.6  Publicity.........................................................      45
     SECTION 7.7  Specific Performance..............................................      46
     SECTION 7.8  Submission to Jurisdiction........................................      46
     SECTION 7.9  Expenses..........................................................      46
     SECTION 7.10 Legal Fees........................................................      46
     SECTION 7.11 Governing Law.....................................................      47
     SECTION 7.12 Terminology and Construction......................................      47
     SECTION 7.13 Schedules.........................................................      48
     SECTION 7.14 Severability......................................................      48
     SECTION 7.15 Counterparts......................................................      48
LIST OF SCHEDULES...................................................................      II
LIST OF EXHIBITS....................................................................     III
</TABLE>

                                     -iii-

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