Document:

EXHIBIT
      10.2

    

    PROMISSORY
      NOTE

    

    
      	
              $3,000,000

            	
              Effective
                as of December 1 2006

            
	 	
              Tulsa,
                Oklahoma

            

    

    

    FOR
      VALUE
      RECEIVED, the undersigned, CHATSWORTH
      DATA CORPORATION,
      a
      California corporation, ("Maker" or “Borrower”), promises to pay to the order of
BANK
      OF OKLAHOMA, N.A.
      ("Lender"), at its offices in Tulsa, Oklahoma, the principal sum of THREE
      MILLION AND NO/100 DOLLARS ($3,000,000) or, if less, the aggregate sum of
      advances made by Lender to Maker under the Revolving Credit Agreement ("Credit
      Agreement") between Maker and Lender dated of even date herewith, payable as
      follows:

    

    
      	 	
              a.

            	
              Principal.
                Principal shall be payable on November 30,
                2007.

            

    

    

    
      	 	
              b.

            	
              Interest.
                Interest shall be payable on the last day of each month, commencing
                the
                last day of December, 2006, and at maturity. Interest shall accrue
                on the
                principal balance outstanding hereunder and on any past due interest
                hereunder at a rate at all times equal to the Prime Rate plus
                the Margin.

            

    

    

    “Margin”
      means:

    

    
      	
              Tier

            	 	
              Funded
                Debt to EBITDA

            	 	
              Margin

            
	
              I

            	 	
              <
                2.0

            	 	
              minus
                0.50%

            
	
              II

            	 	
              >
                2.0x but <
                3.0x

            	 	
              0.00%

            
	
              III

            	 	
              >3.0x

            	 	
              plus
                0.50%

            

    

    

    The
      Margin shall be determined in accordance with the foregoing table based on
      the
      Funded Debt to EBITDA ratio as reflected in the then most recent Financials.
      Adjustments, if any, to the Margin shall be effective the first day of the
      first
      full month ("Effective Date") after Bank has received the applicable Financials.
      If the Borrower fails to deliver the Financials to Bank at the time required
      pursuant to Section 6.7, then the Margin shall be the highest Margin set forth
      in the foregoing table until the Effective Date.

    

    The
      term
“Financials” means the annual financial statements and Compliance Certificate
      delivered to Lender pursuant to the Credit Agreement.

    

    For
      the
      quarterly period following the execution date of the Credit Agreement, the
      Margin shall be deemed to be plus
      0.50%
      (Tier III). Thereafter, the Margin shall be determined in accordance with the
      foregoing table based on the Funded Debt to EBITDA ratio.

    

    “Prime
      Rate” means a rate which is subject to change from time to time based on changes
      in an index which is the BOKF National Prime Rate, described as the rate of
      interest set by BOK Financial Corporation, in its sole discretion, on a daily
      basis as published by BOK Financial Corporation (“BOKF”) from time to time (the
“Index”). The Index is not necessarily the lowest rate charged by Lender on its
      loans and is set by Lender in its sole discretion. If the Index becomes
      unavailable during the term of this loan, Lender may designate a substitute
      index after notifying Borrower. Lender will tell Borrower the current index
      rate
      upon Borrower’s request. The interest rate change will not occur more often than
      each day. Borrower understands that Lender may make loans based on other rates
      as well. NOTICE: Under no circumstances will the interest rate on this Note
      be
      more than the maximum rate allowed by applicable law. Whenever increases occur
      in the interest rate, Lender, at its option, may do one or more of the
      following: (A) increase Borrower’s payments to ensure Borrower’s loan will pay
      off by its original final maturity date, (B) increase Borrower’s payments to
      cover accruing interest, (C) increase the number of Borrower’s payments, and (D)
      continue Borrower’s payments at the same amount and increase Borrower’s final
      payment.

     

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

    

    If
      any
      payment shall be due on a Saturday or Sunday or upon any other day on which
      state or national banks in the State of Oklahoma are closed for business by
      virtue of a legal holiday for such banks, such payment shall be due and payable
      on the next succeeding banking day and interest shall accrue to such day. All
      interest due hereon shall be computed on the actual number of days elapsed
      (365
      or 366).

    

    Terms
      used herein shall have the meaning given in the Credit Agreement, unless
      otherwise defined herein.

    

    All
      payments under this Note shall be made in legal tender of the United States
      of
      America or in other immediately available funds at Lender's office described
      above, and no credit shall be given for any payment received by check, draft
      or
      other instrument or item until such time as the holder hereof shall have
      received credit therefor from the holder's collecting agent or, in the event
      no
      collecting agent is used, from the bank or other financial institution upon
      which said check, draft or other instrument or item is drawn.

    

    From
      time
      to time the maturity date of this Note may be extended or this Note may be
      renewed, in whole or in part, or a new note of different form may be substituted
      for this Note and/or the rate of interest may be changed, or changes may be
      made
      in consideration of loan extensions, and the holder, from time to time, may
      waive or surrender, either in whole or in part, any rights, guarantees, security
      interests or liens given for the benefit of the holder in connection herewith;
      but no such occurrences shall in any manner affect, limit, modify or otherwise
      impair any rights, guarantees or security of the holder not specifically waived,
      released or surrendered in writing, nor shall any maker, guarantor, endorser
      or
      any person who is or might be liable hereon, either primarily or contingently,
      be released from such liability by reason of the occurrence of any such event.
      The holder hereof, from time to time, shall have the unlimited right to release
      any person who might be liable hereon; and such release shall not affect or
      discharge the liability of any other person who is or might be liable hereon.
      

    

    If
      any
      payment required by this Note to be made is not made within five (5) days when
      due, or if any default occurs under any loan agreement or under the provisions
      of any mortgage, security agreement, assignment, pledge or other document or
      agreement which provides security for the indebtedness evidenced by this Note,
      the holder hereof may, subject to the Notice and Cure (defined in the Credit
      Agreement) at its option, without notice or demand, declare this Note in default
      and all indebtedness due and owing hereunder immediately due and payable.
      Interest from the date of default on such principal balance and on any past
      due
      interest hereunder shall accrue at the rate of two percent (2%) per annum above
      the nondefault interest rate accruing hereunder. The Maker and any endorsers,
      guarantors and sureties hereby severally waive protest, presentment, demand,
      and
      notice of protest and nonpayment in case this Note or any payment due hereunder
      is not paid when due; and they agree to any renewal, extension, acceleration,
      postponement of the time of payment, substitution, exchange or release of
      collateral and to the release of any party or person primarily or contingently
      liable without prejudice to the holder and without notice to the Maker or any
      endorser, guarantor or surety. Maker and any guarantor, endorser, surety or
      any
      other person who is or may become liable hereon will, on demand, pay all costs
      of collection, including reasonable attorney fees of the holder hereof in
      attempting to enforce payment of this Note and reasonable attorney fees for
      defending the validity of any document securing this Note as a valid first
      and
      prior lien.

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

    

    Upon
      the
      occurrence of any default hereunder, Lender shall have the right, immediately
      and without further action by it, to set off against this Note all money owed
      by
      Lender in any capacity to the Maker or any guarantor, endorser or other person
      who is or might be liable for payment hereof, whether or not due, and also
      to
      set off against all other liabilities of Maker to Lender all money owed by
      Lender in any capacity to Maker; and Lender shall be deemed to have exercised
      such right of setoff and to have made a charge against such money immediately
      upon the occurrence of such default even though such charge is made or entered
      into the books of Lender subsequently thereto.

    

    The
      holder of this Note may collect a late charge not to exceed an amount equal
      to
      five percent (5%) of the amount of any payment which is not paid within ten
      (10)
      days from the due date thereof, for the purposes of covering the extra expenses
      involved in handling delinquent payments. This late charge provision shall
      not
      be applicable in the event the holder hereof, at its option, elects to receive
      interest at the increased rate as provided hereunder in the event of
      default.

    

    This
      Note
      is given for an actual loan of money for business purposes and not for personal,
      agricultural or residential purposes, and is executed and delivered in the
      State
      of Oklahoma and shall be governed by and construed in accordance with the laws
      of the State of Oklahoma.

    
      	 	 	 
	 	
              CHATSWORTH
                DATA CORPORATION

            
	 
 	 
 	 
 
	
            	By  	/s/ J. Stewart Asbury, III
	 	
              

              J.
                Stewart Asbury, III, President

            

    

    

    
      
        
        

      

      
        3ESCROW
      AGREEMENT

     

    This
      Escrow Agreement (as the same may be amended or modified from time to time
      and
      including any and all written instructions given to “Escrow
      Agent”
      (hereinafter defined) pursuant hereto, this “Agreement”)
      is
      made and entered into as of July 20, 2006, by and among Perficient, Inc., a
      Delaware corporation (“Parent”),
      Perficient DCSS, Inc., a Delaware corporation (“Buyer”),
      Digital Consulting & Software Services, Inc., a Texas corporation
      (“Seller”),
      and
      Continental Stock Transfer & Trust Company, as escrow agent (“Escrow
      Agent”).

     

    WITNESSETH:

     

    WHEREAS,
      Parent, Buyer and Seller are parties to that certain Asset Purchase Agreement
      dated as of July 20, 2006 (the “Asset
      Purchase Agreement”)
      pursuant to which Seller will receive cash and shares of common stock, par
      value
      $0.001 per share, of Parent (“Parent
      Common Stock”)
      in
      connection with the closing of the transactions contemplated by the Asset
      Purchase Agreement (the “Closing”);
      and

     

    WHEREAS,
      at the Closing, Parent, Buyer and Seller have agreed to deposit into escrow
      with
      the Escrow Agent one or more certificates in the name of Seller evidencing
      an
      aggregate number of shares of Parent Common Stock equal to $1,912,500 divided
      by
      the Parent Stock Per Share Price (the “Escrowed
      Shares”),
      to be
      held by the Escrow Agent pursuant to the terms and conditions set forth in
      this
      Agreement and the Asset Purchase Agreement pending the occurrence of certain
      events set forth herein and therein; and

     

    WHEREAS,
      the purpose of the Escrowed Shares is to secure claims under Article IX of
      the
      Asset Purchase Agreement (“Indemnification
      Claims”);
      and

     

    WHEREAS,
      Escrow Agent is willing to serve in such capacity on the terms and conditions
      hereinafter set forth.

     

    NOW,
      THEREFORE, in consideration of the foregoing and of the mutual covenants
      hereinafter set forth, the parties hereto agree as follows:

     

    1. Definitions.
      Unless
      otherwise defined herein, each capitalized term used in this Agreement shall
      have the meaning ascribed to such term in the Asset Purchase
      Agreement.

     

    2. Appointment
      of Escrow Agent.
      Each of
      Parent, Buyer and Seller hereby appoints and designates Escrow Agent as the
      escrow agent for the purposes and upon the terms set forth herein, and Escrow
      Agent hereby accepts such appointment and agrees to act as escrow agent
      hereunder for the purposes and upon the terms set forth herein.

     

    3. Action
      by the Escrow Agent.
      Notwithstanding any provision of this Agreement, the parties acknowledge and
      agree that the Escrow Agent shall not take any action required of it pursuant
      to
      this Agreement until the Escrow Agent has received joint written instructions
      by
      Parent, Buyer and Seller. The parties further acknowledge and agree that such
      written instructions shall specify the number of shares, if any, of Parent
      Common Stock to be distributed from the Escrowed Shares (calculated in
      accordance with Section 8(d)).

    
      
         

      

      
        -1-

        
          

        

      

      
         

      

    

    4. Authority
      of Parent.
      Each of
      the parties hereto agrees that Parent shall have authority to settle all
      Indemnification Claims in accordance with Article IX of the Asset Purchase
      Agreement on behalf of Buyer, or any of the affiliates of Parent or Buyer.
      Unless the context otherwise requires, any references to Parent contained herein
      shall be deemed to be references to Parent and Buyer, and each of their
      respective affiliates.

     

    5. Seller
      Representative.
      If
      after the Closing and prior to the distribution of the Escrowed Shares, Seller
      transfers record ownership of or assigns the Escrowed Shares to any of the
      Seller Interest Holders, each of the parties hereto agree that Seller shall
      have
      authority to settle all claims under this Agreement or the Asset Purchase
      Agreement on behalf of any Seller Interest Holders who are entitled to receive
      a
      part of the Escrowed Shares upon the release and distribution from this escrow.
      Unless the context otherwise requires, any references to Seller contained herein
      shall be deemed to be references to Seller and to the Seller Interest Holders
      to
      the extent Escrowed Shares have been transferred or assigned to the Seller
      Interest Holders.

     

    6. Deposit
      of Escrowed Shares.

     

    (a) Escrow
      Fund.
      On the
      Closing Date, (i) Parent shall issue one or more certificates in the name of
      Seller evidencing the Escrowed Shares to be held in escrow pursuant to the
      terms
      and conditions of this Agreement and (ii) Seller shall deliver to Parent an
      original stock power endorsed by Seller in blank with medallion signature
      guarantee (“stock
      powers”).
      If
      Seller transfers record ownership of, or assigns the Escrowed Shares after
      the
      Closing to the Seller Interest Holders, Seller will deliver or cause to be
      delivered a stock power to Parent endorsed by each Seller Interest Holder to
      whom the Escrowed Shares have been transferred or assigned. As soon as
      reasonably practicable after receipt of such stock power, Parent shall issue
      certificates for the Escrowed Shares registered in the name of the Seller
      Interest Holder to be held in escrow pursuant to the terms and conditions of
      this Agreement. The Escrowed Shares shall constitute an escrow fund (the
“Escrow
      Fund”)
      with
      respect to Indemnification Claims of the Purchaser Indemnitees under the Asset
      Purchase Agreement. The Escrow Fund shall be held as a trust fund and shall
      not
      be subject to any lien, attachment, trustee process or any other judicial
      process of any creditor of Seller or of any other Person, including any party
      hereto. The Escrow Agent agrees to accept delivery of the Escrow Fund and stock
      powers and to hold the Escrowed Shares and stock powers in an escrow account
      (the “Escrow
      Account”),
      subject to the terms and conditions of this Agreement.

     

    (b) Voting
      of Escrowed Shares; Sale of Escrowed Shares.
      Each
      record owner of the Escrowed Shares shall be entitled to exercise all voting
      rights with respect to such owner’s Escrowed Shares. 

     

    (c) Dividends,
      Etc.
      Parent
      and Seller agree between themselves, for the benefit of Parent and the Escrow
      Agent, that any securities or other property distributable (whether by way
      of
      dividend, stock split or otherwise) in respect of or in exchange for any
      Escrowed Shares shall not be distributed to the record owners of such Escrowed
      Shares, but rather shall be distributed to and held by the Escrow Agent in
      the
      Escrow Account. Ordinary cash dividends will be paid by Parent directly to
      Seller or other record owners of such Escrowed Shares and not to the Escrow
      Agent. Unless and until the Escrow Agent shall actually receive such additional
      securities or other property, it may assume without inquiry that the
      Escrowed

    
      
         

      

      
        -2-

        
          

        

      

      
         

      

    

    Shares
      currently being held by it in the Escrow Account are all that the Escrow Agent
      is required to hold. At the time any Escrowed Shares are required to be released
      from the Escrow Account to any Person pursuant to this Agreement, any securities
      or other property previously received by the Escrow Agent in respect of or
      in
      exchange for such Escrowed Shares shall be released from the Escrow to such
      Person.

     

    7. Release
      Date.
      For
      purposes of this Agreement, the “Release
      Date”
shall
      be the day that is one year after the Closing Date.

     

    8. Administration
      of Escrow Account.
      Except
      as otherwise provided herein, the Escrow Agent shall administer the Escrow
      Account as follows:

     

    (a) If,
      as of
      the Release Date, the Escrow Agent has not received written notice of any
      Indemnification Claims, then the Escrowed Shares shall promptly (and in any
      event no later than 5 business days thereafter) be released to
      Seller.

     

    (b) Subject
      to the terms and conditions set forth in Section 9.04 of the Asset Purchase
      Agreement, if, at any time on or prior to the Release Date, Parent desires
      to
      make a claim against the Escrowed Shares with respect to any Indemnification
      Claim, then Parent shall, on or prior to the Release Date, deliver a written
      claim notice (a “Claim
      Notice”)
      to
      Seller and to the Escrow Agent. Such Claim Notice shall (i) state that Parent
      believes in good faith that it is entitled to all or any portion of the Escrowed
      Shares and certify that all requirements set forth in Article IX of the Asset
      Purchase Agreement with respect to such indemnification have been satisfied;
      (ii) contain a reasonably detailed description of the circumstances supporting
      such belief; and (iii) indicate the good faith claimed amount of Damages
      necessary to satisfy such Indemnification Claim (the “Claimed
      Amount”)
      and
      what portion of the Escrowed Shares are expected in good faith to be necessary
      to satisfy such Indemnification Claim. The number of Escrowed Shares, if any,
      to
      be released shall be determined in accordance with Section 8(d)
      below.

     

    (c) Within
      30
      days after receipt by Seller of a Claim Notice, Seller may deliver to Parent
      and
      to the Escrow Agent a written response (the “Response
      Notice”)
      in
      which Seller may: (i) agree that a whole number of Escrowed Shares equal to
      the
      full Claimed Amount may be released from the Escrow Account to Parent; (ii)
      agree that Escrowed Shares equal to part, but not all, of the Claimed Amount
      (the “Agreed
      Amount”)
      may be
      released from the Escrow Account to Parent; or (iii) indicate that no part
      of
      the Claimed Amount may be released from the Escrow Account to Parent. Any part
      of the Claimed Amount that is not to be released to Parent shall be the
“Contested
      Amount.”
      

     

    (A) If
      Seller
      does not deliver a Response Notice within such 30-day period, then Seller shall
      be deemed to have indicated that the entire Claimed Amount may be released
      from
      Escrow Account to Parent.

     

    (B) If
      Seller
      delivers a Response Notice agreeing that Escrowed Shares equal to the full
      Claimed Amount may be released from the Escrow Account to Parent, the Escrow
      Agent shall promptly following the receipt of the Response Notice, deliver
      to
      Parent such number of Escrowed Shares equal to the Claimed
      Amount.

    
      
         

      

      
        -3-

        
          

        

      

      
         

      

    

    (C) If
      Seller
      delivers a Response Notice agreeing that Escrowed Shares equal to part, but
      not
      all, of the Claimed Amount may be released from the Escrow Account to Parent,
      the Escrow Agent shall promptly following the receipt of the Response Notice
      deliver to Parent such number of Escrowed Shares equal to the Agreed
      Amount.

     

    (D) If
      Seller
      delivers a Response Notice indicating that there is a Contested Amount, Seller
      and Parent shall attempt in good faith to resolve the dispute related to the
      Contested Amount. If Parent and Seller shall resolve such dispute, such
      resolution shall be binding on Seller and Parent and any other Seller Indemnitee
      and Purchaser Indemnitee, as applicable, and a settlement agreement shall be
      signed by Parent and Seller and sent to the Escrow Agent, who shall, upon
      receipt thereof, if applicable, release Escrowed Shares from the Escrow Account
      in accordance with the specific instructions provided in such agreement.

     

    (E) If
      Seller
      and Parent are unable to resolve the dispute relating to any Contested Amount
      within 45 days after the delivery of the Claim Notice, the settlement of such
      Contested Amount shall take place by arbitration, in accordance with the below
      procedures, and then Escrow Agent shall continue to hold the Contested Amount
      until Escrow Agent receives either: (i) a written notice signed by Parent and
      Seller, providing specific instructions regarding the delivery of the Contested
      Amount, if any, to be released from the Escrow Account; or (ii) a final
      arbitration decision providing specific instructions regarding the delivery
      of
      any or all of such Contested Amount. The Contested Amount shall be settled
      by
      arbitration conducted by one arbitrator to be mutually agreed to by the parties;
      provided, however, that if the parties cannot mutually agree on an arbitrator
      within 15 days of any such written notice, then the arbitration shall be
      conducted by a panel of three arbitrators, one selected jointly by Parent and
      Buyer, the second selected by Seller and the third to be mutually agreed upon
      by
      the arbitrator selected by Parent and Buyer and the arbitrator selected by
      Seller. The decision of the arbitrator(s), which, except as set forth below,
      shall relate solely
      to
      whether Parent is entitled to receive the Contested Amount (or a portion
      thereof) from the Escrow Fund pursuant to the applicable terms of the Asset
      Purchase Agreement and this Agreement,
      shall
      be written and (a) shall be supported by written findings of fact and
      conclusions of law which shall set forth the basis for the decision of the
      arbitrator(s) and (b) shall provide specific instructions regarding the delivery
      of any or all of the Contested Amount. The costs of any such arbitration
      proceeding shall be shared equally by the parties unless otherwise determined
      by
      the arbitrator(s). The arbitrator(s) will also determine if the prevailing
      party
      is entitled to any award of attorneys’ fees and costs, which award, if any, will
      be paid by the non-prevailing party. The decision of the arbitrator(s) shall
      be
      binding and conclusive upon the parties to this Agreement. Any such arbitration
      shall be held in Travis County, Texas under the expedited procedures of the
      commercial arbitration rules then in effect of the American Arbitration
      Association.

     

    (d) The
      number of Escrowed Shares to be released in payment and settlement of any
      Claimed Amount, Agreed Amount or all or any portion of the Contested Amount
      which may be awarded to Parent pursuant to Section 8(c)(E) above shall be
      determined by dividing such Claimed Amount, Agreed Amount or award, as
      applicable, by the average closing sales price of one share of Parent Common
      Stock as reported on the Nasdaq Global Market for the thirty (30) consecutive
      trading days ending on the date that is one (1) trading day immediately
      preceding the release of such shares (as adjusted as appropriate to reflect
      any
      stock splits, stock dividends, combinations, reorganizations, reclassifications
      or similar events). 

    
      
         

      

      
        -4-

        
          

        

      

      
         

      

    

    9. No
      Merger.
      Nothing in this Agreement shall derogate from, or modify in any respect any
      of
      the terms and provisions of the Asset Purchase Agreement, including Article
      IX
      thereof, with respect to indemnification.

     

    10. Escrow
      Agent Compensation.
      Except
      as hereinafter provided, Escrow Agent shall be reimbursed solely by Parent
      for
      all actual out-of-pocket expenses incurred in performing the services required
      hereunder. The fees of the Escrow Agent (which shall not exceed $200 per month
      in the aggregate) and any replacement Escrow Agent shall be paid solely by
      Parent.

     

    11. Limitation
      of Escrow Agent’s Liability.
      

     

    (a) Except
      for Escrow Agent’s gross negligence or willful misconduct, Escrow Agent shall
      not be responsible or liable in any manner whatsoever for the sufficiency,
      correctness, genuineness or validity of any instrument deposited with it, or
      any
      notice or demand given to it or for the form of execution of any such
      instrument, notice or demand or for the identification, authority or rights
      of
      any person executing, depositing or giving the same or for the terms and
      conditions of any instrument, pursuant to which the parties may
      act.

     

    (b) Escrow
      Agent shall not have any duties or responsibilities except those expressly
      set
      forth in this Agreement and shall not incur any liability: (i) in acting upon
      any signature, notice, demand, request, waiver, consent, receipt or other paper
      or document reasonably believed by Escrow Agent to be genuine and Escrow Agent
      may assume that any Person purporting to give it any notice on behalf of any
      party in accordance with the provisions hereof has been duly authorized to
      do
      so; or (ii) in otherwise acting or failing to act under this Agreement, except
      in the case of Escrow Agent’s gross negligence or willful
      misconduct.

     

    (c) Escrow
      Agent shall not be bound by any modification, cancellation or rescission of
      this
      Agreement unless the same is in writing and signed by the other parties hereto
      and a copy thereof has been received by Escrow Agent.

     

    (d) Escrow
      Agent has executed this Agreement for the sole purpose of agreeing to act as
      such in accordance with the terms of this Agreement.

     

    (e) Subject
      to Section 8 hereof, the parties hereto further agree to jointly and severally
      indemnify Escrow Agent from and against any and all Damages, including
      reasonable attorneys’ fees which may be asserted against it or to which it may
      be exposed or may incur by reason of its performance hereunder, except when
      such
      performance was grossly or willfully negligent.

     

    12. Successor
      Escrow Agent.
      In the
      event the Escrow Agent becomes unavailable or unwilling to continue as escrow
      agent under this Agreement, the Escrow Agent may resign and be discharged from
      its duties and obligations hereunder by giving its written resignation to the
      parties to this Agreement. Such resignation shall take effect not less than
      30
      days after it is given to all parties hereto; provided, however, that such
      resignation shall in no event take effect before the successor to the Escrow
      Agent shall have been appointed pursuant to this Section 12. Parent and Seller
      shall designate a successor to the Escrow Agent prior to the expiration of
      such
      30-day period by giving written notice to the Escrow Agent. The Escrow Agent
      shall promptly transfer all assets in the Escrow Account to such designated
      successor. If no successor Escrow Agent is

    
      
         

      

      
        -5-

        
          

        

      

      
         

      

    

    designated
      prior to the expiration of such 30-day period, the Escrow Agent can apply to
      a
      court of competent jurisdiction for the appointment of a successor Escrow Agent
      or for other appropriate relief. Parent may appoint a successor Escrow Agent
      only with the consent of Seller (which consent shall not be unreasonably
      withheld or delayed). The Escrow Agent shall act in accordance with written
      instructions from Parent and Seller as to the transfer of the Escrow Fund to
      a
      successor escrow agent.

     

    13. Removal
      of Escrow Agent.
      The
      Escrow Agent may be removed at any time by mutual agreement of Parent and Buyer,
      on the one hand, and Seller, on the other hand, by giving not less than 30
      days’
prior written notice to the Escrow Agent. Prior to the expiration of such 30-day
      period, Parent and Buyer, on the one hand, and Seller, on the other hand, shall
      designate, by mutual consent, a successor escrow agent. If no successor escrow
      agent is appointed within such 30-day period, the Escrow Agent may deposit
      the
      amounts remaining in the Escrow Fund with a court of competent jurisdiction
      located in Austin, Texas, whereupon the Escrow Agent shall be discharged of
      all
      duties and obligations hereunder.

     

    14. Miscellaneous.
      

     

    (a) Notice.
      All
      notices hereunder shall be given in accordance with the notice provisions of
      the
      Asset Purchase Agreement. In addition, notices to Escrow Agent shall be
      addressed to it at:

     

    Continental
      Stock Transfer & Trust Company

    17
      Battery Place, 8th Floor

    New
      York,
      New York 10004

    Attn:
      Compliance

     

    In
      addition, notices to Seller shall be addressed to:

     

    Digital
      Consulting & Software Services, Inc.

    One
      Sugar
      Creek Center Blvd., Suite 500

    Sugar
      Land, Texas 77478-3556

    Attention:
      Chief Financial Officer

    Phone:
      (512) 542-8427

    Facsimile:
      (512) 236-3216

    

     

    with
      a
      copy (which shall not constitute notice) to:

     

    Mayer,
      Brown, Rowe & Maw LLP

    700
      Louisiana, Suite 3400

    Houston,
      Texas 77002

    Attention:
      Robert F. Gray, Jr.

    Phone:
      (713) 238-2600

    Facsimile:
      (713) 238-4600

    
      
         

      

      
        -6-

        
          

        

      

      
         

      

    

    Notices
      to Parent or Buyer shall be addressed to:

    Perficient,
      Inc.

    1120
      South Capital of Texas Highway

    Building
      3, Suite 200

    Austin,
      Texas 78746

    Attention:
      John T. McDonald, Chief Executive Officer

    Phone:
      (512) 531-6000

    Facsimile:
      (512) 531-6011

    

    

    with
      a
      copy (which shall not constitute notice) to:

     

    Vinson
      & Elkins LLP

    The
      Terrace 7

    2801
      Via
      Fortuna, Suite 100

    Austin,
      Texas 78746

    Attention:
      J. Nixon Fox III, Esq.

    Phone:
      (512) 542-8427

    Facsimile:
      (512) 236-3216

    

     

    (b) Successors
      and Assigns.
      This
      Agreement shall be binding upon each of the parties hereto and each of their
      respective successors and assigns, if any. Nothing in this Agreement is intended
      to confer, or shall be deemed to confer, any rights or remedies upon any person
      or entity other than the parties hereto and their successors and assigns. This
      Agreement shall inure to the benefit of: Seller, Parent, Escrow Agent and their
      respective successors and assigns, if any, of the foregoing. 

     

    (c) Amendments.
      This
      Agreement may not be amended, modified, altered or supplemented other than
      by
      means of a written instrument duly executed and delivered on behalf of all
      of
      the parties hereto.

     

    (d) Entire
      Agreement.
      This
      Agreement and the other agreements referred to herein set forth the entire
      understanding of the parties hereto relating to the subject matter hereof and
      thereof and supersede all prior agreements and understandings among or between
      any of the parties relating to the subject matter hereof and
      thereof.

     

    (e) Tax
      Reporting Information and Certification of Tax Identification
      Numbers.
      

     

    (i) The
      parties hereto agree that, for tax reporting purposes, all dividends or other
      income, if any, attributable to the Escrowed Shares or any other amount held
      in
      escrow by the Escrow Agent pursuant to this Agreement shall be allocable to
      Seller or, upon notice to the Escrow Agent, the record holders of the Escrowed
      Shares on a proportionate basis. The parties agree to report the deposit of
      the
      Escrowed Shares into escrow or the deposit of any other amount held in escrow
      by
      the Escrow Agent, and the release of such amounts pursuant to

    
      
         

      

      
        -7-

        
          

        

      

      
         

      

    

    Sections
      7 and 8, as an installment sale, to be taken into account under the installment
      method described in section 453 of the Internal Revenue Code of 1986, as
      amended.

     

    (ii) The
      parties agree to provide the Escrow Agent with certified tax identification
      numbers for each of them by furnishing appropriate forms W-9 (or Forms W-8,
      in
      the case of non-U.S. persons) and other forms and documents that the Escrow
      Agent may reasonably request (collectively, “Tax
      Reporting Documentation”)
      to the
      Escrow Agent within 30 days after the date hereof. Upon any transfer of the
      record ownership of the Escrowed Shares by Seller to the Seller Interest
      Holders, the appropriate Tax Reporting Documentation shall be provided to Escrow
      Agent by the Seller Interest Holders. The parties hereto understand that, if
      such Tax Reporting Documentation is not so certified to the Escrow Agent, the
      Escrow Agent may be required by the Internal Revenue Code, as it may be amended
      from time to time, to withhold a portion of any interest or other income earned
      on the investment of monies or other property held by the Escrow Agent pursuant
      to this Agreement.

     

    (iii) The
      Escrow Agent shall comply with all applicable filing or reporting requirements
      attributable to the deposit of the Escrowed Shares into escrow or the deposit
      of
      any other amount held in escrow by the Escrow Agent.

     

    (f) Construction.

     

    (i) For
      purposes of this Agreement, whenever the context requires: the singular number
      shall include the plural, and vice versa; the masculine gender shall include
      the
      feminine and neuter genders; the feminine gender shall include the masculine
      and
      neuter genders; and the neuter gender shall include the masculine and feminine
      genders.

     

    (ii) The
      parties hereto agree that any rule of construction to the effect that
      ambiguities are to be resolved against the drafting party shall not be applied
      in the construction or interpretation of this Agreement.

     

    (iii) As
      used
      in this Agreement, the words “include” and “including,” and variations thereof,
      shall not be deemed to be terms of limitation, but rather shall be deemed to
      be
      followed by the words “without limitation.”

     

    (iv) This
      Agreement shall be construed pursuant to the laws of the State of Texas in
      effect at the time of such construction without giving effect to conflicts
      of
      laws principles.

     

    (v) Nothing
      in this Agreement shall be construed to limit or abridge the rights and
      obligations of Parent, Buyer, the Company or Seller under the Asset Purchase
      Agreement.

     

    (g) Termination.
      This
      Agreement shall terminate upon the earliest occurrence of any of the following
      events: (i) the written agreement of Parent, Buyer and Seller; or (ii)
      upon

    
      
         

      

      
        -8-

        
          

        

      

      
         

      

    

    the
      delivery by Escrow Agent of all of the Escrowed Shares in accordance with the
      terms of this Agreement; provided, however, that Section 8(c) shall survive
      any
      termination of this Agreement.

     

    (h) Incorporation.
      The
      preamble to this Agreement is incorporated herein by this
      reference.

     

    (i) Severability.
      In the
      event any provision of this Agreement shall be held invalid or unenforceable
      by
      any court of competent jurisdiction, such holding shall not invalidate or render
      unenforceable any other provision of this Agreement and each and every other
      provision of this Agreement shall continue in full force and
      effect.

     

    (j) Waiver
      of Breach.
      The
      waiver by any party hereto of a breach of any provision of this Agreement shall
      not operate or be construed as a waiver of any other or subsequent breach by
      any
      party.

     

    (k) Section
      Headings.
      Section
      headings contained in this Agreement are for reference purposes only and shall
      not affect in any way the meaning or interpretation of this
      Agreement.

     

    (l) Counterparts
      and Facsimile Signatures.
      This
      Agreement may be executed in one or more counterparts in which event all of
      said
      counterparts shall be deemed to constitute one original of this Agreement.
      Furthermore, this Agreement may be executed by the facsimile signature of any
      party hereto, it being agreed that facsimile signature of any party hereto
      shall
      be deemed an ink-signed original for all purposes.

     

    [Signature
      page follows.]

     

    
      
         

      

      
        -9-

        
          

        

      

      
         

      

       

    

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

     

    
      	
               

              Parent

               

              Perficient,
                Inc.

            	 	
               

              Seller

               

              Digital
                Consulting & Software Services, Inc.

            
	
              By:
                /s/ John T. McDonald 

            	 	
              /s/
                Robert Patterson 

            
	
              Printed
                Name: John T. McDonald

            	 	
              Printed
                Name: Robert Patterson

            
	
              Title:
                Chief Executive Officer

            	 	
              Title:
                Chief Operating Officer

            
	 	 	 
	
               

              Buyer

               

              Perficient
                DCSS, Inc.

            	 	
               

              Escrow
                Agent

               

              Continental
                Stock Transfer & Trust Company

            
	
              By:
                /s/ John T. McDonald 

            	 	
              By:
                /s/ Frank A. DiPaolo 

            
	
              Printed
                Name: John T. McDonald

            	 	
              Printed
                Name:Frank A. DiPaolo

            
	
              Title:
                Chief Executive Officer

            	 	
              Title:
                CFO

            
	 	 	 
	 	 	 

    

     

    
      
         

      

        -10-

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00114-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00114-of-00352.parquet"}]]