Document:

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                                                                    EXHIBIT 10.1

                               PURCHASE AGREEMENT

                                  BY AND AMONG

                           INDUS INTERNATIONAL, INC.,

                   SYSTEMS & COMPUTER TECHNOLOGY CORPORATION,

                           SCT UTILITY SYSTEMS, INC.,

                           SCT FINANCIAL CORPORATION,

                               SCT PROPERTY, INC.,

                           SCT INTERNATIONAL LIMITED,

                         SCT TECHNOLOGIES (CANADA) INC.,

                SYSTEMS & COMPUTER TECHNOLOGY INTERNATIONAL B.V.,

                                       AND

                 SCT SOFTWARE & RESOURCE MANAGEMENT CORPORATION

                             DATED FEBRUARY 12, 2003

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                                TABLE OF CONTENTS

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BACKGROUND...............................................................................................1

1.       DEFINITIONS; GENERAL PROVISIONS.................................................................2

         1.1      Definitions............................................................................2

2.       PURCHASE AND SALE; CLOSING.....................................................................10

         2.1      Purchase and Sale.....................................................................10
         2.2      Assumption of Liabilities.............................................................11
         2.3      Purchase Price; Adjustment and Payment; Calculation...................................12
         2.4      Closing...............................................................................15
         2.5      Transfer Taxes and Recording Fees.....................................................15

3.       REPRESENTATIONS AND WARRANTIES OF THE SELLERS..................................................16

         3.1      Organization and Good Standing........................................................16
         3.2      Authority; No Breach By Agreement.....................................................16
         3.3      Capital Stock; Subsidiaries...........................................................17
         3.4      Financial Statements..................................................................18
         3.5      Absence of Undisclosed Liabilities....................................................18
         3.6      Solvency..............................................................................18
         3.7      Absence of Certain Changes............................................................18
         3.8      Accounts Receivable...................................................................19
         3.9      Tax Matters...........................................................................19
         3.10     Personal Property.....................................................................20
         3.11     Real Property.........................................................................20
         3.12     Assets................................................................................23
         3.13     Insurance.............................................................................24
         3.14     Intellectual Property.................................................................24
         3.15     Environmental Matters.................................................................26
         3.16     Compliance with Laws..................................................................27
         3.17     Labor Relations.......................................................................28
         3.18     Employees.............................................................................29
         3.19     Employee Benefit Plans................................................................29
         3.20     Material Contracts....................................................................30
         3.21     Legal Proceedings.....................................................................31
         3.22     Transactions with Affiliates..........................................................31
         3.23     Customers.............................................................................31
         3.24     Statements True and Correct...........................................................32
         3.25     Brokers or Finders....................................................................32

4.       REPRESENTATIONS AND WARRANTIES OF PURCHASER....................................................32

         4.1      Organization and Qualification........................................................32
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<S>                                                                                                     <C>
         4.2      Authority; No Breach By Agreement.....................................................32
         4.3      Brokers and Finders...................................................................33
         4.4      Investment Representations............................................................33
         4.5      Purchaser Financing...................................................................34
         4.6      Hart-Scott-Rodino Act.................................................................34

5.       COVENANTS......................................................................................34

         5.1      Affirmative Covenants.................................................................34
         5.2      Negative Covenants....................................................................34
         5.3      Adverse Changes in Condition..........................................................36
         5.4      Other Offers..........................................................................36
         5.5      Press Releases........................................................................37
         5.6      Access................................................................................37
         5.7      Obligations of the Sellers Regarding Stay Bonus Payments..............................37
         5.8      Agreement as to Efforts to Consummate Transaction.....................................37
         5.9      Third Party Consents..................................................................38
         5.10     Regulatory Consents...................................................................39
         5.11     Certain Tax Matters...................................................................39
         5.12     Employees.............................................................................42
         5.13     Employee Benefit Plans................................................................42
         5.14     Atlanta Lease.........................................................................44
         5.15     Further Assurances....................................................................44
         5.16     Purchaser Financing...................................................................44
         5.17     Use of Names..........................................................................44

6.       CONDITIONS PRECEDENT TO PURCHASER'S OBLIGATION TO CLOSE........................................45

         6.1      Accuracy of Representations...........................................................45
         6.2      Sellers' Performance..................................................................46
         6.3      Consents..............................................................................46
         6.4      Resignations..........................................................................46
         6.5      No Orders.............................................................................46
         6.6      No Suits..............................................................................46
         6.7      Material Adverse Effect...............................................................46
         6.8      Secretary's Certificates..............................................................46
         6.9      Indebtedness and Collection of Certain Receivables....................................46
         6.10     Financing.............................................................................47
         6.12     Real Property Deliverables............................................................47
         6.13     Title to Owned Real Property..........................................................48
         6.14     Transition Services Agreement.........................................................50
         6.15     Sublease..............................................................................50
         6.16     Lender Consent and Release of Guarantee...............................................50
         6.17     License...............................................................................50
         6.18     Officers' Certificate.................................................................50

7.       CONDITIONS PRECEDENT TO SELLERS' OBLIGATION TO CLOSE...........................................51

         7.1      Accuracy of Representations...........................................................51
         7.2      Purchaser's Performance...............................................................51
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         7.3      No Orders.............................................................................51
         7.4      No Suits..............................................................................51
         7.5      SCT Note..............................................................................51
         7.6      Secretary's Certificate...............................................................52
         7.7      Officers' Certificate.................................................................52
         7.8      Lender Consent and Release of Guarantee...............................................52

8.       ADDITIONAL POST-CLOSING COVENANTS..............................................................52

         8.1      Noncompetition and Nonsolicitation Covenants..........................................52
         8.2      Confidentiality.......................................................................53
         8.3      Accounts Receivable Covenants.........................................................54

9.       TERMINATION....................................................................................54

         9.1      Termination Rights....................................................................54
         9.2      Effect of Termination.................................................................55

10.      INDEMNIFICATION................................................................................55

         10.1     Obligation of Sellers to Indemnify....................................................55
         10.2     Obligation of Purchaser to Indemnify..................................................56
         10.3     Procedures for Indemnification........................................................57
         10.4     Defense of Third Party Claims.........................................................58
         10.5     Settlement of Third Party Claims......................................................59
         10.6     Limitations on Indemnification; Procedures............................................59
         10.7     Certain Reductions; Subrogation Rights................................................61
         10.8     Effect of Indemnification.............................................................61
         10.9     Exclusive Remedy......................................................................61

11.      GENERAL PROVISIONS.............................................................................61

         11.1     Expenses..............................................................................61
         11.2     Notices...............................................................................62
         11.3     Jurisdiction; Service of Process......................................................62
         11.5     Waiver................................................................................63
         11.6     Entire Agreement and Modification; Schedules..........................................63
         11.7     Assignments, Successors, and No Third-Party Rights....................................63
         11.8     Severability..........................................................................63
         11.9     Section Headings, Construction........................................................63
         11.10    Exhibits and Schedules................................................................64
         11.11    Time of Essence.......................................................................64
         11.12    Governing Law.........................................................................64
         11.13    Counterparts..........................................................................64
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                                    EXHIBITS

Exhibit               Description
-------               -----------

Exhibit A             Form of Secretary's Certificate for each Seller
Exhibit B             Form of Secretary's Certificate for the Company
Exhibit C             Form of SCT Note
Exhibit D             Form of Guaranty of the SCT Note
Exhibit E             Form of Mortgage and Security Agreement
Exhibit F             Form of Secretary's Certificate for Purchaser

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                                    SCHEDULES

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Schedule                   Description
--------                   -----------
<S>                        <C>
Schedule 1.1(a)            Balance Sheet
Schedule 1.1(b)            Financial Statements
Schedule 1.1(c)            Permitted Liens
Schedule 1.1(d)            Selected Employees
Schedule 2.1(b)(i)         Purchased Personal Property
Schedule 2.1(b)(ii)        Purchased Personal Property Leases
Schedule 2.1(b)(iii)       Purchased Real Property Leases
Schedule 2.1(b)(iv)        Purchased Contracts
Schedule 2.1(b)(v)         Purchased Intangible Property
Schedule 2.1(b)(vi)        Purchased Permits
Schedule 2.1(b)(vii)       Purchased Accounts Receivable
Schedule 2.1(b)(x)         Other Purchased Assets
Schedule 2.1(c)            Excluded Assets
Schedule 3.2(b)            No Breach by Agreement
Schedule 3.2(c)            Consents
Schedule 3.4               Financial Statement Adjustments
Schedule 3.5               Absence of Undisclosed Liabilities
Schedule 3.7               Absence of Certain Changes
Schedule 3.8               Accounts Receivable
Schedule 3.9               Tax Matters
Schedule 3.10              Personal Property
Schedule 3.11(a)           Owned Real Property
Schedule 3.11(b)           Leased Real Property
Schedule 3.11(d)           Canada Sublease
Schedule 3.12              Assets
Schedule 3.14(a.1)         Company Intellectual Property
Schedule 3.14(a.2)         Non-Exclusive Intellectual Property
Schedule 3.14(a.3)         Certain Exceptions
Schedule 3.14(b)           Contracts
Schedule 3.14(c)           Independent Contractor Agreement
Schedule 3.14(d)           Settlements, Forbearances, etc.
Schedule 3.14(e)           Employee Contract
Schedule 3.14(f)           Company Software
Schedule 3.15              Environmental Matters
Schedule 3.16              Compliance with Laws
Schedule 3.17              Labor Relations
Schedule 3.18              Employees
Schedule 3.19              Employee Benefit Plans
Schedule 3.20(a)           Material Contracts
Schedule 3.20(b)           Contract Defaults
Schedule 3.21              Legal Proceedings
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Schedule 3.22              Transactions with Affiliates
Schedule 3.23              Customers
Schedule 4.2(b)            No Breach by Agreement
Schedule 4.2(c)            Consents
Schedule 5.9(b)            ACS Contracts
Schedule 5.17(b.1)         Licensed Trademarks
Schedule 5.17(b.2)         Licensed Intellectual Property
Schedule 6.3               Consents

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                                                                  EXECUTION COPY

                               PURCHASE AGREEMENT

         THIS PURCHASE AGREEMENT is made this 12th day of February, 2003, by and
among Indus International, Inc., a Delaware corporation ("Purchaser"); SCT
Utility Systems, Inc., a Delaware corporation (the "Company"); Systems &
Computer Technology Corporation, a Delaware corporation and the indirect parent
of the Company ("SCT"); SCT Financial Corporation, a Delaware corporation and
the direct parent of the Company ("SCT Financial"); SCT Property, Inc., a
Delaware corporation ("SCT Property"); SCT International Limited, a limited
liability corporation organized under the laws of England and Wales ("SCT
International"); SCT Technologies (Canada) Inc., a company organized and
existing under the laws of the Province of Ontario, Canada ("SCT Canada"); SCT
Software & Resource Management Corporation, a Delaware corporation ("SCT SRM");
and Systems & Computer Technology International B.V., a corporation organized
under the laws of the Netherlands ("SCT Netherlands").

                                   BACKGROUND

         WHEREAS, SCT Financial owns 1,000 shares of common stock, $1.00 par
value per share, of the Company, which shares represent all of the issued and
outstanding capital stock of the Company (the "Shares");

         WHEREAS, the Company is engaged in the business of providing customer
management and service order fulfillment application software and services to
the commercial, industrial and residential segments of the energy and utilities
market (the "Business");

         WHEREAS, each of SCT, SCT Property, SCT International, SCT Canada, SCT
SRM and SCT Netherlands (collectively, the "SCT Sellers," and together with SCT
Financial, the "Sellers") own certain Assets that are used exclusively in the
Business;

         WHEREAS, SCT Financial desires to sell to Purchaser, and Purchaser
desires to purchase from SCT Financial, all of the Shares pursuant to, and in
accordance with, the terms and conditions set forth herein;

         WHEREAS, the SCT Sellers desire to sell, transfer and assign to
Purchaser, and Purchaser desires to purchase and acquire from the SCT Sellers,
certain Assets that are used exclusively in the Business and certain license and
other rights with respect to Assets that are used non-exclusively in the
Business, pursuant to, and in accordance with, the terms and conditions set
forth herein;

         WHEREAS, in connection with the transfer of such Assets, Purchaser
desires to assume certain Liabilities of the SCT Sellers, pursuant to, and in
accordance with, the terms and conditions set forth herein;

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                                    AGREEMENT

         NOW, THEREFORE, in consideration of the premises and of the mutual
covenants, agreements, representations, and warranties herein contained, and for
other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the Parties, each intending to be legally bound, do hereby
agree as follows:

1.       DEFINITIONS; GENERAL PROVISIONS.

         1.1      DEFINITIONS. For purposes of this Agreement and the Exhibits
and Schedules attached hereto, the following terms shall have the meanings
specified or referred to below, unless the context otherwise requires:

                  "ACCEPTING EMPLOYEES" - a Selected Employee who accepts
Purchaser's offer of employment with the Company or a subsidiary of Purchaser as
of the Closing Date and who does not rescind that acceptance prior to the
Closing Date.

                  "ACCOUNTS RECEIVABLE" - all accounts receivable, notes
receivable and other monies due for sales and deliveries of goods or performance
of services with respect to the Business.

                  "AFFILIATE" - as to any Person, (a) any other Person that
directly or indirectly controls, or is under common control with, or is
controlled by, such Person and (b) any officer, director, partner, employer, or
direct or indirect beneficial owner of any 10% or greater equity or voting
interest of such Person.

                  "AGREEMENT" - this Purchase Agreement and all schedules and
exhibits hereto.

                  "ASSETS" - all of the assets, properties, businesses and
rights of a Person of every kind, nature, character and description, whether
real, personal or mixed, tangible or intangible, accrued or contingent, or
otherwise relating to or utilized in such Person's business, directly or
indirectly, in whole or in part, whether or not carried on the books and records
of such Person, and whether or not owned in the name of such Person or any
Affiliate of such Person and wherever located.

                  "BALANCE SHEET" - the balance sheet of the Business (including
any related notes) as of December 31, 2002, a copy of which is attached hereto
as Schedule 1.1(a).

                  "BUSINESS DAY" - any day that is not a Saturday, a Sunday or a
day on which commercial banks in Atlanta, Georgia are required or permitted to
be closed for business.

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                  "CLOSING" - the consummation of the transactions contemplated
by this Agreement.

                  "CLOSING DATE" - the date and time as of which the Closing
actually takes place.

                  "CLOSING WORKING CAPITAL" - Current Assets less Current
Liabilities as of the Closing Date as shown on the Closing Balance Sheet (as
such term is defined in and determined pursuant to Section 2.3(c)).

                  "CODE" - the Internal Revenue Code of 1986, as amended, and
the rules and regulations promulgated thereunder.

                  "COMPANY INTELLECTUAL PROPERTY" - all Intellectual Property
that is owned or licensed by the Company or the SCT Sellers and used exclusively
in connection with the Business.

                  "COMPANY MATERIAL ADVERSE EFFECT" - an event, change or
occurrence that individually, or together with any other event, change or
occurrence, has a material adverse impact on the financial position, business,
or results of operations of the Company or the Business; provided, however, that
the term "Company Material Adverse Effect" shall not include the impact of (a)
changes in laws of general applicability or interpretations thereof by courts or
other Regulatory Authorities; (b) changes in GAAP or interpretations thereof;
(c) actions or omissions of the Company or the Sellers taken as required by the
terms of this Agreement or with the prior written consent of Purchaser; (d)
changes, conditions or events that are generally applicable to the industry in
which the Company operates or the economy in general of the jurisdictions in
which the Business operates; (e) seasonal fluctuations in the performances of
the Company and the Business; or (f) the effects, including, without limitation,
effects on relations and business with customers, suppliers and employees, that
are a direct result of the transactions contemplated or permitted under this
Agreement.

                  "CONSENT" - any consent, approval, authorization, clearance,
exemption, waiver, or similar affirmation by any Person pursuant to any
Contract, Law, Order, or Permit (including any governmental authorization).

                  "CONTRACT" - means any written or oral agreement or contract,
or other written arrangement, authorization, commitment, indenture, instrument,
lease, license, obligation, plan, restriction, understanding, or undertaking of
any kind or character, or other document to which any Person is a party or that
is binding on any Person or its capital stock, Assets or business.

                  "CURRENT ASSETS" - the sum of cash, accounts receivable (net
of any reserves), inventories, prepaid expenses and work-in-process and any
other Assets of the Business classified as current assets under GAAP, consistent
with past practices of the Business.

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                  "CURRENT LIABILITIES" - the sum of accounts payable, accrued
current liabilities, accrued sales commissions, accrued bonuses, accrued
vacation pay, current portion of deferred revenues and any other Liabilities of
the Business classified as current liabilities under GAAP, consistent with past
practices of the Business.

                  "DEFAULT" - (a) any breach or violation of, default under,
contravention of, or conflict with, any Contract, Law, Order, or Permit, (b) any
occurrence of any event that with the passage of time or the giving of notice or
both would constitute a breach or violation of, default under, contravention of,
or conflict with, any Contract, Law, Order, or Permit, or (c) any occurrence of
any event that with or without the passage of time or the giving of notice would
give rise to a right of any Person to prematurely terminate, revoke, suspend,
cancel or renegotiate any Contract, Law, Order, or Permit, or to prematurely
accelerate the maturity of or performance under any Contract.

                  "EMPLOYEE BENEFIT PLANS" - collectively, each pension,
retirement, profit-sharing, deferred compensation, stock option, employee stock
ownership, share purchase, severance pay, vacation, bonus, retention, change in
control or other incentive plan, medical, vision, dental or other health plan,
any life insurance plan, flexible spending account, cafeteria plan, vacation,
holiday, disability or any other employee benefit plan or fringe benefit plan,
including any "employee benefit plan," as that term is defined in Section 3(3)
of ERISA and any other plan, fund, policy, program, practice, or arrangement
providing compensation or other benefits, whether or not such Employee Benefit
Plan is or is intended to be subject to the Code, ERISA or any other applicable
Law, whether funded or unfunded or arrived at through collective bargaining or
otherwise.

                  "ENVIRONMENTAL LAW" - collectively, all applicable and
effective federal, state and local Laws relating to pollution or the protection
of human health or the environment (including ambient air, surface water, ground
water, land surface or subsurface strata), including, without limitation, the
Comprehensive Environmental Response Compensation and Liability Act, 42
U.S.C.ss.ss.9601 et. seq. ("CERCLA"), the Solid Waste Disposal Act, as amended
by the Resource Conservation and Recovery Act, as amended, 42 U.S.C.ss.ss.6901
et. seq. ("RCRA"), the Emergency Planning and Community Right to Know Act (42
U.S.C. ss.ss.11001 et seq.), the Clean Air Act (42 U.S.C.ss.ss.7401 et. seq.),
the Clean Water Act (33 U.S.C.ss.ss.1251 et. seq.), the Toxic Substances Control
Act (15 U.S.C. ss.ss.2601 et seq.), the Hazardous Materials Transportation Act
(49 U.S.C.ss.ss.5101 et seq.), the Federal Insecticide, Fungicide and
Rodenticide Act (7 U.S.C.ss.ss.136 et seq.), the Safe Drinking Water Act (41
U.S.C.ss.ss.300f et seq.), and any applicable and effective state, county,
municipal or local Laws similar or analogous to the federal statutes listed in
this sentence, together with any amendments to the Laws listed in this sentence,
in existence, applicable and in effect as of the date hereof or during the time
the Company or any of the SCT Sellers has owned the Owned Real Property or the
Owned Real Property was subject to the FILOT program; and any applicable and
effective rules, regulations, orders or other requirements that have the effect
of Law adopted pursuant to or implementing the Laws and amendments listed

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in this sentence as of the date hereof or during the time the Company or any of
the SCT Sellers has owned the Owned Real Property or the Owned Real Property was
subject to the FILOT program.

                  "ERISA" - the Employee Retirement Income Security Act of 1974,
as amended, and the rules and regulations promulgated thereunder.

                  "ERISA AFFILIATE" - any company that, as of a given moment, is
a member of a "controlled group of corporations" or a group of "trades or
businesses (whether or not incorporated) which are under common control" (as
defined in Section 414(b) and 414(c) of the Code, respectively) of which the
Company or a Seller is a member.

                  "ESTIMATED WORKING CAPITAL" - Current Assets less Current
Liabilities as of the Closing Date as shown on the Estimated Balance Sheet and
determined pursuant to Section 2.3(b).

                  "FILOT PROGRAM" - all inducement, resolutions and/or
agreements between the Company and Regulatory Authorities providing for the
payment of fees in lieu of property taxes to Regulatory Authorities pursuant to
the provisions of Title 4, Chapters 1 and/or 12, and/or Title 12, Chapter 44,
Code of Laws of South Carolina 1976, as amended.

                  "FINANCIAL STATEMENTS" - collectively, (a) the balance sheet
for, and related statements of income and accumulated earnings and changes in
cash flows for, the Business for the fiscal year ended September 30, 2002,
including the notes thereto and (b) the Balance Sheet and the Company's interim
statements of income and accumulated earnings and changes in cash flows for the
period ended December 31, 2002, copies of which financial statements are
attached hereto as Schedule 1.1(b).

                  "GAAP" - at any particular time, generally accepted accounting
principles as in effect in the United States at such time.

                  "HAZARDOUS SUBSTANCES" - any substance, chemical, waste,
material, pollutant or contaminant that is defined as, designated, classified or
listed as hazardous or toxic or otherwise regulated under any applicable
Environmental Law, including without limitation, RCRA hazardous wastes, CERCLA
hazardous substances, oil and petroleum products or by-products and constituents
thereof, asbestos and polychlorinated biphenyls (PCBs).

                  "HIRED EMPLOYEES" - collectively, the Accepting Employees and
 the Retained Employees.

                  "IMMIGRATION LAWS" - the Immigration Reform and Control Act of
1986, and the rules and regulations promulgated thereunder.

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                  "INDEMNIFICATION CLAIM" - a claim for indemnification
hereunder.

                  "INDEMNITEE" - the Party or Parties seeking indemnification
hereunder.

                  "INDEMNITOR" - the Party or Parties against whom
indemnification is sought hereunder.

                  "INTELLECTUAL PROPERTY" - collectively, the following: (a) any
invention or discovery (including, but not limited to, processes, machines,
manufactures, compositions of matter, formulas, techniques, concepts and ideas)
whether patentable or not, (b) any moral rights and copyrights in any work of
authorship recognized by foreign or domestic Law or otherwise (including, but
not limited to, databases, computer software, source code, object code,
schematics, flowcharts, designs and drawings), (c) any and all mask works, (d)
any trademarks, service marks, domain names, trade names or trade dress and all
goodwill related thereto, (e) any trade secrets and other proprietary
information (including, but not limited to, customer lists, marketing plans,
product plans, business strategies, computer software, source code, object code,
financial information, and forecasts), (f) all other intellectual property
rights protectable under any Laws or international conventions throughout the
world, (g) any improvements to or derivatives from any of the foregoing, (h) all
registrations and applications for registration of the foregoing, (i) the right
to apply for registrations, certificates, or renewals with respect to any of the
foregoing, and (j) the right to prosecute, enforce, obtain damages relating to,
settle or release any past, present or future infringement or misappropriation
of any of the foregoing.

                  "KNOWLEDGE" or "KNOWLEDGE OF THE COMPANY OR THE SELLERS" and
all similar constructions - the knowledge, assuming reasonable inquiry, of Mark
Aukamp, Richard Blumenthal, Michael Chamberlain, Marvin Davis, John Gregg, Ancel
Hamilton, Eric Haskell, Michael McCarthy, John Meenan, Les Romelfanger and Roy
Zatcoff.

                  "LAW" - any code, law (including common law), ordinance,
regulation, reporting requirement, rule, or statute applicable to a Person or
its Assets, Liabilities, or business, including those promulgated, interpreted
or enforced by any Regulatory Authority.

                  "LEASED REAL PROPERTY" - collectively, all real estate and the
buildings and improvements erected on, and all improvements and Asset additions
that are affixed to, any such real estate and in which the Company has a
leasehold interest.

                  "LIABILITIES" - collectively, any direct or indirect, primary
or secondary, liability, indebtedness, obligation, penalty, cost or expense
(including costs of investigation, collection and defense), claim, deficiency,
guaranty or endorsement of or by any Person (other than endorsements of notes,
bills, checks, and drafts presented for collection or deposit in the ordinary
course of business) of any type, whether accrued or unaccrued, due or to become
due, absolute or contingent, liquidated or unliquidated, matured or unmatured,
or otherwise.

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                  "LIEN" - any mortgage, pledge, security interest, encumbrance,
lien or charge of any kind, whether voluntary or involuntary, including any
conditional sale or other title retention agreement, and the filing of, or
agreement to give, any financing statement under the Uniform Commercial Code of
any jurisdiction.

                  "LITIGATION" - any suit, action, proceeding or arbitration, or
any investigation or audit conducted by any Regulatory Authority, with respect
to the Company, the Business or the Shares.

                  "LOSSES" - any and all demands, claims, actions or causes of
action, assessments, losses, fines, judgments, costs, damages, diminution in
value, Liabilities, costs, removal and remediation requirements and expenses,
including, without limitation, interest and penalties; provided that, in no
event shall Losses include any consequential, special and/or punitive damages
except to the extent the Purchaser has Liability to a Third Party for such
damages solely arising out of a Third Party Claim for such damages.

                  "NON-EXCLUSIVE INTELLECTUAL PROPERTY" - all Intellectual
Property that is owned by a Third Party or any SCT Seller or licensed to the
Company or any SCT Seller and which in each case is used on a non-exclusive
basis in connection with the Business.

                  "OCCUPATIONAL SAFETY AND HEALTH LAW" - any applicable and
effective Laws enforced by the Occupational Safety and Health Administration or
comparable state legal requirements designed to provide safe and healthful
working conditions, and to reduce occupational safety and health hazards.

                  "OWNED REAL PROPERTY" - collectively, all real estate and the
buildings and improvements erected on, and all improvements and asset additions
that are affixed to, any real estate owned by the Company.

                  "ORDER" - any award, decision, injunction, judgment, order,
ruling, subpoena, or verdict entered, issued, made, or rendered by any court,
administrative agency, or other Regulatory Authority or any mediator (pursuant
to a binding mediation), arbitrator or other private tribunal having
jurisdiction and authority over the matter.

                  "PARTIES" - the parties and signatories to this Agreement and
"PARTY" means any one of the parties to this Agreement.

                  "PERMITS" - licenses, franchises, permits, certificates,
Consents and other governmental or quasi-governmental authorizations held by or
issued to the Company or, with respect to the Business, the Sellers and relating
to compliance with a legal requirement.

                  "PERMITTED LIENS" - (a) Liens for Taxes or assessments and
similar charges (i) that are not yet due and payable; or (ii) the validity of
which is being contested by appropriate proceedings and as to which adequate
reserves have been

                                      -7-
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established; (b) landlord's, mechanics, carrier's, workmen's, repairmen's or
other similar Liens arising or incurred in the ordinary course of business and
that are not material to the Assets to which they relate (collectively, the
"Materialmen's Liens"); (c) with respect to the Owned Real Property only,
imperfections of title or survey, conditions, easements and reservations of
rights, including easements and reservations of, or rights of others for, rights
of way, sewers, electric lines, telegraph and telephone line and other similar
purposes, encroachments, covenants and restrictions, which in the aggregate, do
not materially diminish the fair market value of the Owned Real Property or the
ability to continue to use the real property for its use and which are set
forth, described in full or shown in or on surveys or title insurance policies
or the "Chicago Title Commitment" (as defined in Section 6.12(a) below) that
were previously delivered by the Company or the Sellers to Purchaser and
received by Purchaser at least one (1) Business Day prior to the date of this
Agreement (but specifically excluding any matters which are set forth, described
in full or shown in or on such title insurance policies or the Chicago Title
Commitment which are required to be shown on the ATLA As-Built Survey, as
defined in Section 6.12(a) below, but were not shown on any of the surveys so
previously delivered by the Company); (d) with respect to the Owned Real
Property only, zoning, entitlement, building and other land use regulations
imposed by Regulatory Authorities having jurisdiction over the Real Property;
and (e) the Liens set forth on Schedule 1.1(c).

                  "PERSON" - any individual, corporation, general or limited
partnership, limited liability company, joint venture, estate, trust,
association, organization, or other entity or Regulatory Authority.

                  "PROCEEDING" - any action, arbitration, hearing, governmental
investigation, litigation, or suit (whether civil, criminal or administrative)
commenced, brought, conducted, or heard by or before, any Regulatory Authority
or arbitrator.

                  "PURCHASER MATERIAL ADVERSE EFFECT" - an event, change or
occurrence that individually, or together with any other event, change or
occurrence, has a material adverse impact on the financial position, business,
or results of operations of Purchaser and its subsidiaries, taken as a whole;
provided, however, that the term "Purchaser Material Adverse Effect" shall not
include the impact of (a) changes in laws of general applicability or
interpretations thereof by courts or other Regulatory Authorities; (b) changes
in GAAP or interpretations thereof; (c) actions or omissions of Purchaser taken
as required by the terms of this Agreement or with the prior written consent of
the Sellers; (d) changes in conditions or events that are generally applicable
to the industry in which the Company operates or the economy in general in
jurisdictions in which Purchaser operates; (e) seasonal fluctuations in the
performance of Purchaser; or (f) the effects, including, without limitation,
effects on relations and business with customers, suppliers and employees, that
are a direct result of the transactions contemplated or permitted under this
Agreement.

                  "REAL PROPERTY" - the Owned Real Property and the Leased Real
Property.

                                      -8-
<PAGE>

                  "REGULATORY AUTHORITY" - any federal, state, county, local,
foreign or other governmental, public or regulatory agencies, authorities,
courts, instrumentalities, commissions, boards or bodies having jurisdiction
over the Parties and their respective subsidiaries.

                  "RELEASE" - any spilling, leaking, pumping, pouring, emitting,
emptying, discharging, injecting, escaping, dumping or disposing into the
environment of Hazardous Substances.

                  "REPRESENTATIVE" - with respect to a particular Person, any
director, officer, employee, agent, consultant, advisor, or other representative
of such Person, including legal counsel, accountants and financial advisors.

                  "RETAINED EMPLOYEES" - all employees of the Company
immediately prior to the Closing Date.

                  "SELECTED EMPLOYEES" - those employees identified on Schedule
1.1(d).

                  "STAY BONUS AGREEMENTS" - those certain agreements between the
Company or one of the Sellers and each of John Gregg, Marvin Davis, Charles
Goodman, Connor Gray, Les Romelfanger and Ancel Hamilton relating to the payment
of bonuses upon certain types of transactions involving the Company.

                  "TAX" or "TAXES" - any federal, state, county, local, or
foreign tax, fee, levy, imposts, duty or other assessments, including income,
gross receipts, excise, employment, sales, use, transfer, license, payroll,
franchise, severance, stamp, occupation, windfall profits, environmental,
federal highway use, commercial rent, customs duties, capital stock, paid-up
capital, profits, withholding, Social Security, single business and
unemployment, disability, real property, personal property, registration, ad
valorem, value added, alternative or add-on minimum, estimated, or other tax
governmental fee of any kind whatsoever that is imposed or required to be
withheld by the United States or any state, county, local or foreign government
or subdivision or agency thereof (including any fees imposed or collected under
a FILOT Program by a Regulatory Authority), including any interest, penalties,
and additions imposed thereon or with respect thereto.

                  "TAX RETURN" - any return, report, form or other document or
information filed with or submitted to, or required to be filed with or
submitted to, any Regulatory Authority in connection with the determination,
assessment, collection, or payment of any Tax.

                  "THIRD PARTY" - any Person that is not a Party to, and not an
Affiliate of a Party to, this Agreement.

                  "THIRD PARTY CLAIM" - any claim, suit or proceeding
(including, without limitation, a binding arbitration or an audit by a Taxing
authority) that is instituted

                                      -9-
<PAGE>

against an Indemnitee by a Third Party that, if prosecuted successfully, would
result in a Loss for which the Indemnitee is entitled to indemnification
hereunder.

                  "TRANSACTION DOCUMENTS" - collectively, all agreements,
documents, certificates and instruments to be delivered pursuant to or in
connection with this Agreement or the transactions contemplated by this
Agreement other than the Financing Agreements (as defined in Section 4.5 below)
and the other documents related thereto.

                  "WORKING CAPITAL" - Current Assets less Current Liabilities
determined as of a certain date.

                  "WORKING CAPITAL TARGET" - Three Million Six Hundred Thirty
Seven Thousand Dollars $3,637,000.

2.       PURCHASE AND SALE; CLOSING.

         2.1      PURCHASE AND SALE. On the terms and conditions set forth in
this Agreement, at the Closing (a) Purchaser will purchase and accept from SCT
Financial, and SCT Financial will sell, assign, transfer, and deliver to
Purchaser, all of the Shares free and clear of all Liens, and (b) Purchaser will
purchase and accept from the SCT Sellers, and the SCT Sellers will sell, assign,
transfer and deliver to Purchaser, the Purchased Assets. The "Purchased Assets"
shall consist of the following:

                  (i)      the furniture, fixtures, equipment, machinery,
         vehicles, and other tangible personal property owned by the SCT Sellers
         and used exclusively in the Business, as set forth on Schedule
         2.1(b)(i) (the "Purchased Personal Property");

                  (ii)     the leases and subleases of furniture, fixtures,
         equipment, machinery, vehicles, and other tangible personal property
         leased or subleased by the SCT Sellers and used exclusively in the
         Business, as set forth on Schedule 2.1(b)(ii) (the "Purchased Personal
         Property Leases");

                  (iii)    the leases and subleases of real property leased or
         subleased by the SCT Sellers and used exclusively in the Business, as
         set forth on Schedule 2.1(b)(iii) (the "Purchased Real Property
         Leases");

                  (iv)     the Contracts that are exclusively used in the
         Business, as set forth on Schedule 2.1(b)(iv) (the "Purchased
         Contracts");

                  (v)      all Company Intellectual Property and other
         intangible personal property owned or leased by the SCT Sellers and
         used exclusively in the Business, as set forth on Schedule 2.1(b)(v)
         (the "Purchased Intangible Property");

                                      -10-
<PAGE>

                  (vi)     all Permits held by the SCT Sellers to the extent
         applicable to and used exclusively in the Business and to the extent
         the same are transferable, as set forth on Schedule 2.1(b)(vi) (the
         "Purchased Permits");

                  (vii)    all Accounts Receivable of the SCT Sellers set forth
         on the Closing Balance Sheet or arising exclusively out of the conduct
         of the Business, in each case as of the Closing Date, as set forth on
         Schedule 2.1(b)(vii) (the "Purchased Accounts Receivable");

                  (viii)   all prepaid expenses reflected on the Closing Balance
         Sheet, and as they exclusively relate to the Business, the following:
         all choses in action, causes of action, claims, and demands of the SCT
         Sellers to the extent that Purchaser has assumed the related
         Contract(s) and Liabilities with respect thereto pursuant to Section
         2.2, including rights to returned or repossessed goods and rights as an
         unpaid vendor; rights of recovery, rights of warranty and indemnity,
         rights of set-off and rights of recoupment to the extent that Purchaser
         has assumed the related Contract(s) and Liabilities with respect
         thereto pursuant to Section 2.2; all security deposits, utility
         deposits and other deposits reflected on the Closing Balance Sheet to
         the extent that Purchaser has assumed the related Contract(s) and
         Liabilities with respect thereto pursuant to Section 2.2; all marketing
         and advertising materials that do not use the words "SCT" or "Systems &
         Computer Technology" or any portion or derivation thereof; and all
         telephone numbers (the "Purchased Rights");

                  (ix)     all existing data, databases, books, records,
         correspondence, business plans and projections, records of sales,
         customer and vendor lists, files, papers, and all manuals and printed
         instructions of the SCT Sellers that relate exclusively to the Business
         (the "Purchased Books and Records"); and

                  (x)      all other Assets identified on Schedule 2.1(b)(x).

         (c)      Notwithstanding anything in this Agreement to the contrary,
all Assets of the SCT Sellers not constituting Purchased Assets, including those
Assets listed on Schedule 2.1(c) hereto (the "Excluded Assets"), shall be
excluded from, and shall not constitute, Assets sold pursuant to this Agreement.
As such, the SCT Sellers shall not sell or transfer, and Purchaser shall not
purchase or acquire, any Assets of the SCT Sellers or rights thereto not
constituting Purchased Assets, except for the transfer of rights relating to the
Excluded Assets as provided for in the License Agreement (as defined in Section
6.17 hereof).

         2.2      ASSUMPTION OF LIABILITIES.

         (a)      At the Closing, Purchaser shall assume and shall become
responsible for the payment, performance and satisfaction of all of the
following Liabilities of the SCT Sellers: (i) the Liabilities with respect to
any Purchased Asset; and (ii) the Liabilities reflected on the Balance Sheet, to
the extent not satisfied prior to Closing, and any

                                      -11-
<PAGE>
Liabilities occurring in the ordinary course of the Business from and after the
date of the Balance Sheet as reflected on the Closing Balance Sheet
(collectively, the "Assumed Liabilities"). Notwithstanding the assumption of the
Assumed Liabilities by Purchaser, the Sellers agree that they are responsible to
indemnify Purchaser for its Losses pursuant to the terms of Section 10 hereof
for breaches of representations and warranties relating to the Purchased Assets
and Assumed Liabilities.

         (b)      All Liabilities of the Sellers not specifically assumed by
Purchaser pursuant to Section 2.2(a) shall be referred to herein as "Excluded
Liabilities," which shall include (i) except as otherwise provided in Section
5.13(e) with respect to accrued vacation pay, all Liabilities of any Employee
Benefit Plan heretofore sponsored or maintained by the Company, any Seller or
any ERISA Affiliate for the Hired Employees (and any amount attributable to any
such Employee Benefit Plan); and (ii) any claim by a Hired Employee or an
eligible dependent under such Employee Benefit Plan for insurance, reimbursement
or other benefits payable by reason of any charges incurred prior to the Closing
Date.

         (c)      Purchaser shall not assume or become liable for any Liability
of any SCT Seller that is not an Assumed Liability, whether or not related to
the Purchased Assets.

         2.3      PURCHASE PRICE; ADJUSTMENT AND PAYMENT; CALCULATION.

         (a)      Purchase Price. Subject to the adjustments set forth in this
Section 2.3, the consideration to be paid by Purchaser to the Sellers for the
Shares and the Purchased Assets is Thirty Nine Million Dollars ($39,000,000)
($29,000,000 of which is payable in cash by wire transfer of immediately
available funds and $10,000,000 of which is payable pursuant to the SCT Note)
(collectively, the "Purchase Price").

         (b)      Adjustment to and Payment of the Purchase Price. SCT will
cause to be prepared and delivered to Purchaser a balance sheet for the
Business, as of the Closing Date (the "Estimated Balance Sheet") and a
certificate based on such Estimated Balance Sheet setting forth its estimate of
Working Capital, Current Assets and Current Liabilities as of such date (the
"Estimated Working Capital Certificate"). The Estimated Working Capital
Certificate shall state that it has been prepared in accordance with this
Section 2.3(b). The Estimated Balance Sheet shall (i) include only the Assets,
Liabilities and stockholders' equity of the Business to be acquired and assumed
by the Purchaser hereunder (including pursuant to the acquisition of the
Shares), (ii) include no long-term indebtedness or other long-term Liabilities
and include line items substantially consistent with those on the Balance Sheet,
(iii) fairly present the estimated financial position of the Business as at the
close of business as of the Closing Date in accordance with GAAP applied on a
consistent basis with the Financial Statements, (iv) include a reserve with
respect to Accounts Receivable and Purchased Accounts Receivable of $1.223
million, (v) not include an accrual for vacation pay, and (vi) be prepared in
good faith and in accordance with accounting policies and practices consistent
with those used in the preparation of the Financial Statements. SCT shall
deliver the Estimated Balance Sheet and the Estimated Working Capital
Certificate to Purchaser at least five (5) Business

                                      -12-
<PAGE>
Days prior to the Closing Date. Purchaser may review such statement and
certificate and make comments thereon; however, the Estimated Balance Sheet and
the Estimated Working Capital Certificate as prepared by SCT shall be final and
binding upon the Parties for the purpose of determining the Purchase Price to be
paid on the Closing Date. If the Working Capital as shown on the Estimated
Working Capital Certificate is less than the Working Capital Target, the cash
portion of the Purchase Price paid by Purchaser to the Sellers on the Closing
Date shall be reduced by the amount of the deficiency. If the Working Capital as
shown on the Estimated Working Capital Certificate is greater than the Working
Capital Target, the cash portion of the Purchase Price paid by Purchaser to the
Sellers on the Closing Date shall be increased by the amount of the excess.

         (c)      Reconciliation of Purchase Price. As promptly as practicable,
but not later than thirty (30) days after the Closing Date, Purchaser will cause
to be prepared and delivered to SCT a balance sheet for the Business as of the
Closing Date (the "Closing Balance Sheet") and a certificate based on the
Closing Balance Sheet setting forth Purchaser's calculation of Working Capital,
Current Assets and Current Liabilities as of the Closing Date (the "Closing
Working Capital Certificate"). The Closing Working Capital Certificate shall
state that it has been prepared in accordance with this Section 2.3(c). The
Closing Balance Sheet shall (i) include only the Assets, Liabilities and
stockholders' equity of the Business acquired or assumed by Purchaser hereunder
(including pursuant to the acquisition of the Shares), (ii) include no long-term
indebtedness or other long-term Liabilities and include line items substantially
consistent with those on the Balance Sheet, (iii) fairly present the financial
position of the Business as at the close of business on the Closing Date in
accordance with GAAP applied on a consistent basis with the Financial Statements
(iv) be prepared in accordance with accounting policies and practices consistent
with those used in the preparation of the Financial Statements, (v) include a
reserve with respect to Accounts Receivable and Purchased Accounts Receivable of
$1.223 million, and (vi) not include an accrual for vacation pay. The Closing
Balance Sheet and the calculation of Working Capital, Current Assets and Current
Liabilities set forth in the Closing Working Capital Certificate delivered
pursuant to this Section 2.3(c) shall be deemed final upon the earliest of (i)
the date on which Purchaser and SCT agree that such documents are final, (ii)
the 30th day after receipt of such documents pursuant to this Section 2.3(c) if
SCT has not delivered a notice that expresses a disagreement with such
calculations and setting forth its calculation of such amount(s), and (iii) the
date on which all disputes relating to such statements and calculations between
the Parties are resolved in accordance with Section 2.3(d). If SCT delivers a
notice of disagreement pursuant to this Section 2.3(c), such notice shall
specify those items or amounts as to which it disagrees, and SCT shall be deemed
to have agreed with all other items and amounts contained in the Closing Balance
Sheet and the calculation of Closing Working Capital delivered by Purchaser
pursuant to this Section 2.3(c) (except to the extent resolution of the items or
amounts to which it expresses disagreement requires conforming changes to other
items and amounts contained in the Closing Balance Sheet or the calculation of
Closing Working Capital).

                                      -13-
<PAGE>

         (d)      Dispute Procedure. If SCT delivers a notice of disagreement
pursuant to Section 2.3(c), SCT and Purchaser shall, during the thirty (30) days
following such delivery, use their reasonable efforts to reach agreement on the
disputed items or amounts (the "Disputed Amounts"). If, during such period, SCT
and Purchaser are unable to reach such agreement, they shall promptly thereafter
cause PricewaterhouseCoopers LLP (or if said firm shall be unwilling to act
thereunder or shall be engaged to perform any material services to the Purchaser
or the Sellers or their Affiliates, such other independent public accountants of
nationally recognized standing reasonably satisfactory to SCT and Purchaser)
(the "Accounting Arbitrator"), promptly to review this Agreement, the documents
delivered pursuant to Section 2.3(c) and any other documents necessary to
calculate the Disputed Amounts (including all work papers of the Parties used in
calculating the Disputed Amounts). In making such calculation, the Accounting
Arbitrator shall act as arbitrator. The Accounting Arbitrator shall deliver to
SCT and Purchaser, as promptly as practicable and in any event no later than 90
days after their engagement, a report setting forth such calculation. Such
report shall be final and binding upon SCT and Purchaser. The cost of the review
of the Accounting Arbitrator and report shall be borne equally by SCT and
Purchaser.

         The Accounting Arbitrator shall have jurisdiction to decide any and all
issues presented to it that arise out of or relate to this Agreement or the
transactions contemplated hereby, including the issue of whether or not the
Accounting Arbitrator has jurisdiction to decide any particular dispute,
controversy or claim. The arbitration shall be held in Washington, D.C. The
governing Law shall be as set forth in Section 11.12 of this Agreement, and the
Parties' consent to the jurisdiction of the courts identified in Section 11.3 of
this Agreement for all purposes in connection with the arbitration, including
(i) enforcement of the arbitration award and (ii) issuance of provisional
remedies to protect rights, interests, Assets or property, including, but not
limited to, temporary or preliminary injunctive relief, to ensure ultimate
satisfaction of the arbitration award. The Parties agree that the award made by
the Accounting Arbitrator shall be final and binding on the Parties and that
they waive any right to appeal the arbitral award, to the extent an appeal may
be lawfully waived.

         The Sellers and Purchaser agree that they will, and will cause their
respective independent accountants and the Company to, cooperate and assist in
the preparation of the Closing Balance Sheet and the Closing Working Capital
Certificate and in the conduct of the reviews referred to in Sections 2.3(c) and
2.3(d), including, without limitation, making available, to the extent
necessary, relevant books, records, working papers, analyses and schedules, and
permitting representatives of the Parties to consult with the respective
Representatives of the Company and the Sellers.

         (e)      Final Payment. If the Closing Working Capital as determined in
accordance with this Section 2.3 is greater than the Estimated Working Capital,
Purchaser shall pay to the Sellers an amount equal to the excess by wire
transfer of immediately available funds. If the Closing Working Capital as
determined in accordance with this Section 2.3 is less than the Estimated
Working Capital, SCT shall pay to Purchaser an amount equal to the deficiency by
wire transfer of immediately available funds. Any

                                      -14-
<PAGE>
payment pursuant to this Section 2.3(e) shall be made within ten (10) days after
the Closing Working Capital has been determined in accordance with Sections
2.3(c) or 2.3(d).

         (f)      Allocation of Consideration. The Parties intend that the
acquisition of the Shares and the Purchased Assets be treated as a taxable
transaction for Tax purposes. Within ninety (90) days after the Closing Working
Capital has been determined in accordance with Section 2.3(c) or (d), Purchaser
shall deliver to SCT a schedule containing a preliminary allocation (the
"Preliminary Allocation Schedule") of the consideration paid for the Shares and
the Purchased Assets, together with the Assumed Liabilities (the "Allocable
Consideration"). Within thirty (30) days after receipt of the Preliminary
Allocation Schedule, SCT shall notify Purchaser of any objections that SCT may
have, which notification shall include any proposed modifications. Failure to so
notify Purchaser of any objection shall constitute SCT's acceptance of the
Preliminary Allocation Schedule, which shall thereupon become final and binding
on the Parties. If SCT notifies Purchaser of any objections, and SCT and
Purchaser are able to resolve their differences within fifteen (15) days after
Purchaser's receipt of SCT's notification, then such resolution shall become
final and binding on the Parties. If SCT and Purchaser are unable to resolve
their differences within such period, the matter shall be referred for
arbitration to the Accounting Arbitrator, the fees and expenses of which shall
be borne equally by SCT and Purchaser. The Accounting Arbitrator's determination
of a final allocation shall be final and binding on the Parties. A Preliminary
Allocation Schedule that becomes final and binding on the Parties shall be
referred to as the "Allocation Schedule." The allocation set forth in the
Allocation Schedule shall comply with the rules of Section 1060 of the Code and
the Treasury regulations promulgated thereunder. Purchaser and the Sellers agree
to be bound by the allocation set forth in the Allocation Schedule for all
purposes of Tax reporting, including the filing of applicable forms of the
Internal Revenue Service ("IRS Forms"). The Parties agree that the Allocation
Schedule shall include an allocation by state where necessary to calculate
applicable state sales or transfer taxes applicable to the transactions
contemplated hereby, if any.

         2.4      CLOSING. The Closing will take place at the offices of Alston
& Bird LLP in Atlanta, Georgia at 10:00 a.m., on February 28, 2003, or at such
other time and place as the Parties may mutually agree. At the Closing, each of
the following shall be delivered: (a) the Sellers shall deliver to Purchaser the
items set forth in Section 6; and (b) Purchaser shall deliver to the Sellers (i)
by wire transfer of immediately available funds to an account or accounts
designated by SCT and by delivery of the SCT Note, an amount equal to the
Purchase Price, as adjusted pursuant to Section 2.3(b) and (ii) the other items
set forth in Section 7.

         2.5      TRANSFER TAXES AND RECORDING FEES. All sales, use, transfer
and all other non-income Taxes, including any Taxes imposed by virtue of the
change in ownership of the Company or the acquisition by Purchaser of any of the
Purchased Assets from the SCT Sellers (collectively, the "Transfer Taxes") shall
be borne one half

                                      -15-
<PAGE>

jointly and severally by the Sellers and one half by the Purchaser. Purchaser,
the Company and the Sellers shall file all necessary Tax returns and other
documents required to be filed with respect to all such Transfer Taxes. The
Parties will cooperate to the extent reasonably necessary to prepare such
filings or returns as may be required.

3.       REPRESENTATIONS AND WARRANTIES OF THE SELLERS.

         The Sellers, jointly and severally, hereby represent and warrant to
Purchaser as follows:

         3.1      ORGANIZATION AND GOOD STANDING.

         (a)      The Company is a corporation duly organized, validly existing,
and in good standing under the Laws of the State of Delaware and has the
corporate power and authority to carry on its business as now conducted and to
own, lease and operate its Assets. The Company is duly qualified or licensed to
transact business as a foreign corporation in good standing in the states of the
United States and foreign jurisdictions where the character of its Assets or the
nature or conduct of its business requires it to be so qualified or licensed.
The minute book and other organizational documents for the Company have been
made available to Purchaser for its review and the contents thereof are true and
correct in all material respects as of the date of this Agreement.

         (b)      Each of the Sellers is a corporation duly organized, validly
existing and in good standing (as applicable) under the Laws of the state or
country of its formation. Each of the Sellers has the corporate power and
authority to carry on its business as now conducted and to own, lease and
operate its Assets. Each of the Sellers is duly qualified or licensed to
transact business as a foreign corporation in good standing in the states of the
United States and foreign jurisdictions where the character of its Assets or the
nature or conduct of its business requires it to be so qualified or licensed.

         3.2      AUTHORITY; NO BREACH BY AGREEMENT.

         (a)      Each of the Company and the Sellers has the corporate power
and authority necessary to execute, deliver and perform this Agreement and the
Transaction Documents and to consummate the transactions contemplated hereby and
thereby. The execution, delivery, and performance of this Agreement and the
Transaction Documents and the consummation of the transactions contemplated
herein and therein have been duly and validly authorized by all necessary
corporate action on the part of each of the Company and the Sellers. This
Agreement and each of the Transaction Documents represents legal, valid, and
binding obligations of each of the Company and the Sellers, enforceable against
each in accordance with their respective terms (except in all cases as such
enforceability may be limited by applicable bankruptcy, insolvency,
reorganization, receivership, conservatorship, moratorium, or similar Laws
affecting the enforcement of creditors' rights generally and except that the
availability of the equitable remedy of specific performance or injunctive
relief is subject to the discretion of the court before which any proceeding may
be brought).

                                      -16-
<PAGE>

         (b)      Neither the execution and delivery of this Agreement or the
Transaction Documents by each of the Company and the Sellers, nor the
consummation by each of the Company and the Sellers of the transactions
contemplated hereby or thereby, nor compliance by the Company or the Sellers
with any of the provisions hereof or thereof, will (i) conflict with or result
in a breach of any provision of such entity's articles or certificate of
incorporation, or bylaws, or similar governing documents, (ii) except as
disclosed in Schedule 3.2(b), constitute or result in a Default under, or
require any Consent pursuant to, or result in the creation of any Lien on any
Asset of the Company or any Purchased Asset under any Contract or Permit of the
Company or any Purchased Contract or Purchased Permit, (iii) subject to receipt
of the requisite Consents referred to in Sections 3.11(b) and 3.20, constitute
or result in a Default under, or require any Consent pursuant to, any Law or
Order applicable to the Company or the Sellers or any of the Purchased Assets,
or (iv) result in the acceleration of the maturity of any payment date of any of
the Liabilities of the Company or the Assumed Liabilities, or increase or
adversely affect the obligations of the Company under any of the Liabilities of
the Company or of the Sellers under any of the Assumed Liabilities.

(c) Other than as set forth on Schedule 3.2(c), no notice to, filing with, or
Consent of, any Regulatory Authority or any Third Party is necessary for the
consummation by each of the Company and the Sellers of the transactions
contemplated by this Agreement and the other Transaction Documents.

         3.3      CAPITAL STOCK; SUBSIDIARIES.

         (a)      The authorized capital stock of the Company consists of 1,000
shares of common stock, all of which are issued and outstanding as of the date
of this Agreement. All of the issued and outstanding shares of capital stock of
the Company are duly and validly issued and outstanding and are fully paid and
nonassessable. None of the outstanding shares of capital stock of the Company
has been issued in violation of any preemptive rights of the current or past
stockholders of the Company or others. SCT Financial owns all right, title and
interest (legal and beneficial) in and to all of the issued and outstanding
shares of the Company's capital stock free and clear of all Liens. Except as
specifically contemplated by this Agreement, no Person has any Contract, any
right or privilege (whether pre-emptive or contractual) capable of becoming a
Contract or equity right for the purchase, subscription or issuance of any
securities of the Company.

         (b)      The Company does not own capital stock of any corporation or
any ownership or other investment interest, either of record, beneficially or
equitably, in any association, partnership, joint venture or other legal entity.

         3.4      FINANCIAL STATEMENTS. The Financial Statements were prepared
in accordance with GAAP (as GAAP applies to the continuing operation of a
business division) applied on a consistent basis in accordance with the
Company's and the Sellers' past practices throughout the periods involved
(except as may be indicated in the notes to such Financial Statements, if any),
and fairly present in all material respects the financial

                                      -17-
<PAGE>
position of the Business as at the respective dates and the results of
operations and cash flows for the periods indicated, except that the unaudited
interim financial statements were or are subject to normal and recurring
year-end adjustments that were not or are not expected to be material in amount
or effect and except as set forth on Schedule 3.4. The Business has (i) no
long-term indebtedness or other long-term Liabilities and (ii) no Liabilities
that are not fully and adequately accrued or reserved against in the Balance
Sheet in accordance with GAAP, other than Liabilities incurred in the ordinary
course of business consistent with past business practice since the date of the
Balance Sheet, none of which, either individually or in the aggregate, are
material in amount.

         3.5      ABSENCE OF UNDISCLOSED LIABILITIES. Neither the Company nor
the Business has any Liabilities that are reasonably likely to have,
individually or in the aggregate, a Company Material Adverse Effect. Neither the
Company nor the Business has incurred or paid any Liability since September 30,
2002, except as set forth on Schedule 3.5 and except for such Liabilities
incurred or paid (i) in the ordinary course of business consistent with past
business practice and that are not material in amount or (ii) in connection with
the transactions contemplated by this Agreement.

         3.6      SOLVENCY. Each of the Sellers and the Company is able to pay
its debts generally as they become due and is solvent and will not be rendered
insolvent from and after the Closing Date as a result of the transactions
contemplated hereby. Neither the Sellers nor the Company has, either voluntarily
or involuntarily, (i) admitted in writing that it is or may become unable to pay
its debts generally as they become due, (ii) filed or consented to the filing
against it of a petition in bankruptcy or a petition to take advantage of an
insolvency act, (iii) made an assignment for the benefit of its creditors, (iv)
consented to the appointment of a receiver for itself or for the whole or any
substantial part of its property, (v) had a petition in bankruptcy filed against
it, (vi) been adjudged bankrupt or filed a petition or answer seeking
reorganization or arrangement under the federal bankruptcy laws or any law or
statute of the United States of America or any other jurisdiction, or (vii)
incurred or reasonably should have believed it would incur, debts that are or
will be beyond its ability to pay as such debts mature. The Sellers are not
engaged nor currently contemplate being engaged in a business or transaction for
which any property remaining with them upon the completion of the transactions
contemplated by this Agreement would be insufficient to engage in such business
or transaction or to pay their debts generally as they come due.

         3.7      ABSENCE OF CERTAIN CHANGES. Since September 30, 2002, except
as disclosed in Schedule 3.7, (i) there have been no events, changes, or
occurrences that have had, or are reasonably likely to have, individually or in
the aggregate, a Company Material Adverse Effect, and (ii) neither the Company,
nor the Sellers with respect to the Business, has taken any action, or failed to
take any action, prior to the date of this Agreement, which action or failure,
if taken after the date of this Agreement, would represent or result in a
material breach or violation of any of the covenants and agreements of the
Company or the Sellers in this Agreement.

                                      -18-
<PAGE>

         3.8      ACCOUNTS RECEIVABLE. Except for any Accounts Receivable due
from any of the Sellers or any Affiliate of the Sellers (all of which will be
collected in full on or prior to the Closing Date) and except as set forth on
Schedule 3.8, the Accounts Receivable (i) have arisen solely out of bona fide
sales and deliveries of goods, performance of services and other business
transactions in the ordinary course of business consistent with past practice,
(ii) are not subject to valid defenses, set-offs or counterclaims, and (iii) are
collectible within nine (9) months after the Closing Date at the full recorded
amount thereof less, in the case of each of (i), (ii) and (iii), $1,223,000 (the
recorded allowance for collection losses to be included on the Closing Balance
Sheet). The allowance for collection losses on the Balance Sheet has been
determined in accordance with GAAP consistent with past practices of the
Business.

         3.9      TAX MATTERS. Except as set forth on Schedule 3.9,

         (a)      The Company has timely filed with the appropriate Taxing
authorities all Tax Returns that it was required to file, and such Tax Returns
are correct and complete in all material respects. All material Taxes of the
Company (whether or not shown on any Tax Return) have been fully and timely
paid. There are no Liens (except for Permitted Liens) for any Taxes on any of
the Assets of any of the Company or the Sellers. No claim has ever been made by
an authority in a jurisdiction where the Company does not file a Tax Return that
it may be subject to Taxes by that jurisdiction.

         (b)      The Company has not received any written notice of assessment
or proposed assessment in connection with any Taxes, and there are no threatened
or pending disputes, claims, audits or examinations regarding any Taxes of the
Company. No officer or employee responsible for Tax matters of the Company
expects any Regulatory Authority to assess any additional Taxes for any period
for which Tax Returns have been filed. The Company has not waived any statute of
limitations in respect of any Taxes or agreed to a Tax assessment or deficiency.

         (c)      The Company has complied with all applicable Laws, rules and
regulations relating to the withholding of Taxes and the payment thereof to
appropriate authorities, including Taxes required to have been withheld and paid
in connection with amounts paid or owing to any employee or independent
contractor, and Taxes required to be withheld and paid pursuant to Sections 1441
and 1442 of the Code or similar provisions under foreign Law.

         (d)      The Company is not a party to any Tax allocation or sharing
agreement, and since April 1, 1991, the Company has not been a member of an
affiliated group filing a consolidated federal income tax return (other than a
group the common parent of which was SCT) and has no Tax Liability of any Person
under Treasury Regulation Section 1.1502-6 or any similar provision of state,
local or foreign Law (other than the other members of the consolidated group of
which SCT is parent), or as a transferee or successor, by Contract or otherwise.

                                      -19-
<PAGE>

         (e)      The Company has not made any payments, is not obligated to
make any payments, and is not a party to any Contract that could obligate it to
make any payments that could be disallowed as a deduction under Section 280G or
162(m) of the Code. The Company has not, since April 1, 1991, been a United
States real property holding corporation within the meaning of Section
897(c)(1)(A)(ii) of the Code. The Company has not been and will not be required
to include any material adjustment in taxable income for any Tax period (or
portion thereof) pursuant to Section 481 of the Code or any comparable provision
under state or foreign Tax Laws as a result of transactions or events occurring
prior to the Closing.

         (f)      The Company has not been a party to a distribution of stock
qualifying for tax-free treatment under Section 355 of the Code (i) in the two
years prior to the Closing Date, or (ii) in a distribution that is a part of the
plan (or related transactions) in conjunction with the transactions contemplated
by this Agreement.

         3.10     PERSONAL PROPERTY.

         (a)      Schedule 3.10 contains a true and correct list and a
description of all of the Purchased Personal Property and the tangible personal
property (including vehicles, equipment and furniture and fixtures) owned by the
Company and having a value individually in excess of $10,000. The Company, or
the Sellers with respect to the Purchased Personal Property, has good and
marketable title to all such personal property listed on Schedule 3.10, free and
clear of all Liens except Permitted Liens.

         (b)      Schedule 3.10 contains a true and correct list of each
Purchased Personal Property Lease and each lease by the Company of any vehicle,
equipment or furniture and fixtures which requires a monthly payment in excess
of $1,000. Each of the leases described on Schedule 3.10 is in full force and
effect, and there are no existing Defaults thereunder. No rights of the Company
or Sellers under the leases described on Schedule 3.10 have been assigned or
otherwise transferred as security for any obligation of the Company or the
Sellers.

         3.11     REAL PROPERTY.

         (a)      Owned Real Property.

                  (i)      Schedule 3.11(a) attached hereto contains an accurate
         and complete description of the Owned Real Property. There is no
         Proceeding pending or to the Company's and the Sellers' Knowledge,
         threatened against or relating to any of the Owned Real Property.
         Neither the Company nor the Sellers has any Knowledge of any pending or
         threatened application for changes in the zoning applicable to the
         Owned Real Property or any portion thereof. Neither the Company nor the
         Sellers have received any written notice of any violation or alleged
         violation of any building, health, fire, zoning, land use,
         environmental or other Law or Order covering or with respect to the
         Owned Real Property that remains uncured as of the date of this
         Agreement. There is no Proceeding

                                      -20-
<PAGE>

         pending, or to the Knowledge of the Company and the Sellers'
         threatened, concerning the location of the lines and corners of the
         Owned Real Property.

                  (ii)     The Company has now, and will have at the Closing,
         good, insurable and marketable fee simple title to the Owned Real
         Property, free and clear of all Liens, other than the Permitted Liens,
         and none of the Owned Real Property is now, or will be at the Closing,
         subject to any prior conveyance or assignment to, or any superior
         possessory rights in, any Third Party other than the Permitted Liens.

                  (iii)    There are no Liabilities or Contracts, including
         leases, service contracts, management agreements, or other agreements
         or instruments in force and effect between the Company and any other
         party with respect to the Owned Real Property, except as reflected in
         the Permitted Liens and, pertaining solely to the part of the Owned
         Real Property described on Schedule 3.11(a) as "Parcel A" and Parcel
         "B" (jointly, the "FILOT Parcels"), except as set forth in the
         Memorandum of Understanding dated as of February 2, 1999 between the
         Company and Richland County, South Carolina pertaining to the FILOT
         Program transaction concerning the FILOT Parcels (the "FILOT Program
         MOU"). No Person has any right, agreement, commitment, option, right of
         first refusal or any other agreement, whether oral or written, with
         respect to the purchase, assignment or transfer of all or any portion
         of the Owned Real Property.

                  (iv)     The Owned Real Property constitutes a separately
         subdivided, legally distinct parcel of land.

                  (v)      There is no pending or, to the Knowledge of the
         Company, threatened condemnation, expropriation, eminent domain or
         change in grade of public street or similar proceeding affecting all or
         any portion of the Owned Real Property.

                  (vi)     There is no Default by the Company nor, to the
         Knowledge of the Company or the Sellers, any other party, under any
         recorded covenants, conditions, restrictions or easements, which affect
         the Owned Real Property.

                  (vii)    There are no tenants of the Owned Real Property and
         no Person now has, or at the time of Closing will have, any possessory
         interest in the Owned Real Property, under a lease or otherwise except
         as may have been granted pursuant to the Permitted Liens. Except as may
         be the responsibility of a party other than the Company or the Sellers,
         there are no leasing commissions, tenant improvement allowances or rent
         concessions that will become due and owing or may be required to be
         credited under any of the Leases after the Closing.

                  (viii)   The Company is not a "foreign person" as that term is
         defined in the Code.

                                      -21-
<PAGE>

                  (ix)     There are no pending or, to the Knowledge of the
         Company or the Sellers, threatened Proceedings that could have the
         effect of impairing or restricting access between the Owned Real
         Property and the public roads adjacent thereto. Except for the items,
         if any, as are described within the Permitted Liens, to the Knowledge
         of the Company or the Sellers, there are no donations of monies or land
         or payments (other than general real estate taxes) for schools, parks,
         fire departments or any other public facilities or for any other reason
         which are or will be required to be made by an owner of the Owned Real
         Property, and there are no obligations burdening the Owned Real
         Property created by any so-called "recapture agreement" involving a
         refund for sewer or water extension or other improvement to any sewer
         or water systems, oversizing a utility or lighting or a like expense or
         charge for work or services done upon or relating to the Improvements
         which will bind the Purchaser or the Owned Real Property from and after
         the Closing.

                  (x)      The Company and the Sellers have not employed and
         will not employ a real estate broker or agent in connection with the
         transactions contemplated hereby.

                  (xi)     The Company has not contested or appealed the
         validity or amount of any Tax imposed on the Owned Real Property;
         provided, the Company is currently assessing the amount of Taxes (if
         any) payable by the Company or to be refunded to the Company under the
         FILOT Program MOU affecting the FILOT Parcels, which assessment when
         finally determined in accordance with the FILOT Program MOU and
         applicable Law, may result in either a Tax Claim and subsequent appeal
         by the Company or contest against the Company, or a Tax refund, as set
         forth in Section 5.11.

         (b)      Schedule 3.11(b) attached hereto contains a true and correct
list of each lease (and all oral or written amendments, modifications and
supplements thereto) by the Company of any Leased Real Property and the
Purchased Real Property Leases. Each of the leases listed on Schedule 3.11(b)
attached hereto is in full force and effect and there is no existing Default by
the Company or the Sellers or, to the Knowledge of the Company or the Sellers,
any other party to such real property leases. Except for Permitted Liens, the
interest of the Company and the applicable Seller in the real property leases is
free and clear of any Liens or rights of any third parties. Except for the
necessary landlord consents listed on Schedule 3.11(b) attached hereto, the
consummation of the transactions provided for herein will not create or
constitute a Default under any such lease or require the Consent of any other
party to any such lease in order to avoid a Default. Neither the Company nor the
applicable Seller has assigned or subleased any of the leases listed on Schedule
3.11(b), except as listed on Schedule 3.11(b). The Company has not entered into
any oral or written subleases, licenses or other occupancy arrangements for
space other than the leases listed on Schedule 3.11(b). All brokerage
commissions payable under, related to, or as a result of the leases listed on
Schedule 3.11(b) have been cashed out and paid or satisfied in full.

                                      -22-
<PAGE>

         (c)      There is no Default by the Company or the Sellers nor, to the
Knowledge of the Company or the Sellers, any other party thereto, under any
covenants, conditions, restrictions or easements that may affect the Leased Real
Property or any portion or portions thereof that are to be performed or complied
with by the owner of the Leased Real Property.

         (d)      Schedule 3.11(d) attached hereto contains a true and correct
description of the lease (and all oral or written amendments, modifications and
supplements thereto) (collectively, the "Canada Lease") by SCT Canada of the
space which will be subleased pursuant to the Canada Sublease (as defined in
Section 6.15 hereof). The Canada Lease is in full force and effect and there is
no existing material Default by SCT Canada or, to the Knowledge of the Company
or the Sellers, any other party to such Canada Lease. Except for Permitted
Liens, the interest of SCT Canada in the Canada Lease is free and clear of any
Liens or rights of any Third Parties. Except for the necessary landlord consent
listed on Schedule 3.11(d) attached hereto, the consummation of the transactions
provided for herein will not create or constitute a Default under the Canada
Lease or require the Consent of any other party to any such lease in order to
avoid a Default. SCT Canada has not previously assigned or subleased the Canada
Lease, which assignment or sublease is in effect as of the date of this
Agreement.

         3.12     ASSETS. The Company, and the Sellers with respect to the
Purchased Assets, have good and valid title, free and clear of all Liens, to all
of their respective Assets, except for defects of title which do not,
individually or in the aggregate, interfere with the use, operation, enjoyment
or marketability of such Assets. All tangible properties used in the Business
are in good condition, reasonable wear and tear excepted, and are usable in the
ordinary course of business consistent with past practices. Except for the
Excluded Assets and as set forth on Schedule 3.12, the Assets of the Business to
be acquired pursuant to this Agreement include all Assets exclusively used in
the Business as currently conducted. Schedule 3.12 lists all material Assets of
the Business that are not part of the Purchased Assets that are currently shared
or commonly used by, between or among any of the Sellers, the Company and any
Affiliate thereof and are reasonably necessary to operate the Business as
currently conducted. All Assets held under licenses, leases or subleases by the
Company or, the Sellers with respect to the Purchased Assets, are held under
valid Contracts enforceable in accordance with their respective terms (except as
enforceability may be limited by applicable bankruptcy, insolvency,
reorganization, moratorium, or other Laws affecting the enforcement of
creditors' rights generally and except that the availability of the equitable
remedy of specific performance or injunctive relief is subject to the discretion
of the court before which any proceedings may be brought), and each such
Contract is in full force and effect.

         3.13     INSURANCE. The Company, the Purchased Assets, the business
operations of the Business and the employees of the Business are insured under
adequate policies of insurance, which policies are of the type and in the
amounts adequate for the Business and which policies include casualty coverage
on a full replacement cost basis for the improvements and buildings located on
the Owned Real Property. The Sellers plan to

                                      -23-
<PAGE>

terminate the above referenced insurance policies upon the Closing with respect
to the Company, the Purchased Assets, the business operations of the Business
and the employees of the Business. Neither the Company nor any Seller has been
refused any insurance with respect to the Company, the Business or the Purchased
Assets by any insurance carrier to which it has applied for insurance or with
which it has carried insurance during the past five (5) years. There are no
outstanding requirements by any current insurer or underwriter with respect to
the Owned Real Property that require changes with respect to the Owned Real
Property, or require any repairs or other work to be done with respect to the
Owned Real Property. All premiums payable under all such policies have been
paid, and the Company and each Seller is otherwise in compliance with the terms
and conditions of all such policies.

         3.14     INTELLECTUAL PROPERTY.

         (a)      Schedule 3.14(a.1) contains a correct and complete list of all
Company Intellectual Property for which each of the Company or the Sellers has a
current application or registration. Schedule 3.14(a.2) contains a correct and
complete list of all Non-Exclusive Intellectual Property. Except as set forth on
Schedule 3.14(a.3), the Company or the Sellers own or have a valid license or
right to use, and upon consummation of the transactions contemplated by this
Agreement the Company will own or have a valid license or right to use on the
same terms and conditions as before the Closing, all of the Company Intellectual
Property and, pursuant to the License Agreement, the Non-Exclusive Intellectual
Property set forth on Schedules 5.17(b.1) and 5.17(b.2), free and clear of all
Liens or claims of infringement or misappropriation. The Company Intellectual
Property and Non-Exclusive Intellectual Property together constitutes all of the
Intellectual Property used or contemplated for use in connection with the
Business and in the performance of any Contract, proposal or letter of intent in
connection with the Business.

         (b)      Neither the Company nor the Business has violated, infringed
or wrongfully used or disclosed, and is not violating, infringing upon or
unlawfully or wrongfully using or disclosing, any Intellectual Property of a
Third Party. None of the Company Intellectual Property has violated or
infringed, and is not violating or infringing upon, any Intellectual Property of
a Third Party. No Person has asserted to the Company or any Seller, in writing,
a claim of such infringement, violation or unlawful or wrongful use. The Company
and each Seller, as applicable, has taken commercially reasonable measures to
enforce, maintain and protect the interests and rights to the Company
Intellectual Property. Except as provided in the Contracts listed on Schedule
3.14(b), neither the Company nor any Seller is obligated to make or has incurred
any Liabilities to make, any payments for royalties, fees or otherwise to any
Person for the acquisition or license of any of the Company Intellectual
Property from such Person. All trademarks, trade names, service marks, assumed
names and copyrights and all registrations thereof included in or related to the
Company Intellectual Property that are owned by the Company or any Seller are
valid and subsisting. There are no patents included in the Company Intellectual
Property or the Non-Exclusive Intellectual Property. Neither the Company nor any
of the Sellers has any Knowledge of any infringement or misappropriation of any
Company Intellectual Property.

                                      -24-
<PAGE>
         (c)      All Company Intellectual Property owned by the Company or any
Seller has been (i) developed by employees of the Company or the Sellers, (ii)
developed by independent contractors, each of whom is or was a party to a
Contract whose terms were substantially similar to and not less protective of
the Company's rights than those provided in the form of Independent Contractor
Agreement attached hereto as Schedule 3.14(c), (iii) was acquired from a Third
Party pursuant to a Contract listed on Schedule 3.14(c) or (iv) was acquired
from a Third Party pursuant to a merger, acquisition, consolidation or otherwise
by operation of law where all rights of the Third Party in and to such Company
Intellectual Property were transferred to the Company or the applicable Seller.

         (d)      The Company or the Sellers are the sole owner of record for
each application and registration listed on Schedule 3.14(a.1). Except as set
forth in Schedule 3.14(d), there are no settlements, forbearances to sue,
consents, judgments, or orders to which the Company or any Seller is a party or
otherwise bound that (i) restrict the Company's or the Business' rights to use
any Company Intellectual Property, or (ii) permit any Third Party to use any
Company Intellectual Property other than under the terms of an existing Contract
between the Company or any Seller and a Third Party identified on Schedule
3.14(b).

         (e)      Except as disclosed on Schedule 3.14(e), every employee of the
Company and the Sellers has signed a Contract which requires such employee to
assign to the Company or the Seller any interest in such Company Intellectual
Property created in that employee's employment to the Company or the Seller and
to keep confidential any trade secrets, proprietary data, customer information,
or other business information of the Company and the Business.

         (f)      All proprietary computer software of the Business included in
the Company Intellectual Property (the "Company Software") is identified on
Schedule 3.14(f). Except as disclosed on Schedule 3.14(f), the Company is the
sole owner of the Company Software, subject to no Liens or Third Party claim of
rights. The Company Software performs in all material respects in accordance
with its published documentation and specifications therefor, except in the case
of software programming bugs consistent with industry standards that do not
render the software program unusable for its intended purpose. The Company and
the Sellers have delivered or made available to the Purchaser complete and
correct copies of all existing user and technical documentation related to the
Company Software.

         3.15     ENVIRONMENTAL MATTERS.

         (a)      Except as disclosed on Schedule 3.15(a), neither the Sellers
nor the Company have ever used any of the Real Property and, to the Knowledge of
the Sellers and the Company, the Real Property has not been used by any other
party, to store, handle, treat, generate, or transport Hazardous Substances in
violation of any applicable Environmental Law.

                                      -25-
<PAGE>

         (b)      Except as disclosed on Schedule 3.15(b), neither the Sellers
nor the Company have ever caused, and to the Knowledge of the Sellers and the
Company, prior to the Company's or any of the Sellers' ownership or use of the
Real Property, there has never been a Release of Hazardous Substances on, in,
at, or from any of the Real Property in violation of any Environmental Laws or
that would otherwise require notification or reporting to any Regulatory
Authority or investigation, response, remediation or cleanup under any
Environmental Laws.

         (c)      Except as disclosed on Schedule 3.15(c), the Company and the
Business have been and are in compliance with all applicable Environmental Laws
and Occupational Safety and Health Laws in effect and requiring compliance as of
or prior to the Closing Date. During the time the Company or any of the Sellers
has owned or used the Real Property, including any period during which the Owned
Real Property was subject to the FILOT program, and, to the Knowledge of the
Company and the Sellers, prior to the Company's ownership or use thereof, the
Real Property has been and is in compliance with all applicable Environmental
Laws and Occupational Safety and Health Laws in effect and requiring compliance
as of or prior to the Closing Date.

         (d)      Except as disclosed on Schedule 3.15(d), no Proceeding arising
under any Environmental Laws or Occupational Safety and Health Law, or relating
to the condition of the Real Property is pending, or to the Knowledge of the
Company or the Sellers, threatened, against the Company, the Business or the
Real Property.

         (e)      Except as disclosed on Schedule 3.15(e), neither the Company
nor the Sellers has received any citation, complaint, notice of violation, Order
or request for information or other correspondence or notification asserting
liability or potential liability under any Environmental Law or Occupational
Safety and Health Law from any Regulatory Authority relating to the Real
Property, the Company or the Business including with respect to (i) the storing,
handling, treating, disposing, generating, transporting or Release of any
Hazardous Substances; (ii) request for information or other correspondence that
it is or may be potentially responsible with respect to any investigation or
cleanup concerning any site or facility under CERCLA or any similar state or
local law; or (iii) notice that the past or present conditions of the Real
Property, Assets of the Company or Purchased Assets violate any applicable
Environmental Law or Occupational Safety and Health Laws.

         (f)      Schedule 3.15(f) sets forth a complete and accurate list of
all above ground or under ground storage tanks presently in use, or formerly
used, by the Company or the Sellers or to their Knowledge for the storage of any
Hazardous Substances on any of the Real Property.

         (g)      Schedule 3.15(g) sets forth a complete and accurate list of,
and the Company and the Sellers have delivered or caused to be delivered to
Purchaser for its review, true and complete copies of any environmental site
assessment reports (Phase I and II reports), compliance audit reports and other
environmental reports and studies that it possesses pertaining to the Real
Property or to any Hazardous Substances in, on, or

                                      -26-
<PAGE>

under any of the Real Property, or concerning compliance by the Company or the
Business with any applicable Environmental Laws or Occupational Safety and
Health Laws.

         (h)      The Company, and the Sellers with respect to the Business,
have obtained all Permits required or necessary as of the date hereof under
Environmental Laws and Occupational Safety and Health Laws in connection with
the Business or ownership, operation, use or lease of any of the assets of the
Company or the Purchased Assets, and Schedule 3.15(h) contains a complete list
and description of each such Permit.

         (i) To the Knowledge of the Company and the Sellers, no building or
other improvement located on the Real Property contains any asbestos or
asbestos-containing materials.

         3.16     COMPLIANCE WITH LAWS. The Permits held by the Company and the
Purchased Permits include all Permits necessary for the Company to own, lease,
or operate its Assets and to carry on the Business as now conducted, and there
is no Default under any such Permit. Except as set forth on Schedule 3.16:

         (a)      Neither the Company nor any of the Sellers is in Default under
any of the provisions of its Certificate of Incorporation or Bylaws (or other
governing instruments).

         (b)      Neither the Company nor any of the Sellers is in Default under
any Laws, Orders, Permits of the Company or the Purchased Permits applicable to
the Business or the employees of the Business.

         (c)      Since January 1, 2000, neither the Company nor any of the
Sellers has received any written notification or communication from any agency
or department of federal, state, or local government or any Regulatory Authority
or the staff thereof (i) asserting that the Company, or any Seller with respect
to the Business, is not in compliance with any of the Laws or Orders which such
Regulatory Authority enforces, (ii) threatening to revoke any Permit of the
Company or any Purchased Permit, or (iii) requiring the Company, or the Sellers
with respect to the Business, to enter into or Consent to the issuance of a
cease and desist order, formal agreement, directive, commitment, or memorandum
of understanding, or to adopt any board resolution or similar undertaking.

         (d)      Neither the Company nor any of the Sellers is restricted by
any Permit of the Company or the Purchased Permits from conducting the Business
as currently being conducted.

Copies of all material reports, correspondence, written notices and other
documents relating to any inspection, audit, monitoring or other form of review
or enforcement action by a Regulatory Authority relating to the Company and the
Business or the Purchased Assets have been made available to Purchaser.

                                      -27-
<PAGE>

         3.17     LABOR RELATIONS.

         (a)      Neither the Company, nor the Sellers with respect to the
Business, is the subject of any Litigation asserting that it has committed an
unfair labor practice (within the meaning of the National Labor Relations Act or
comparable state Law) or other violation of state or federal labor Law or
seeking to compel it to bargain with any labor organization or other employee
representative as to wages or conditions of employment, nor is the Company, or
the Sellers with respect to the Business, party to any collective bargaining
agreement or subject to any bargaining order, injunction or other Order that
regulates its current or future relationship or dealings with its employees, any
labor organization or any other employee representative. There is no strike,
slowdown, lockout or other job action or labor dispute involving the Company or
the Business pending or, to the Knowledge of the Sellers or the Company,
threatened, and there has been no such actions or disputes in the past five
years. To the Knowledge of the Company and the Sellers, in the past three (3)
years, there has not been any attempt by any employees of the Business or any
labor organization or other employee representative to organize or certify a
collective bargaining unit or to engage in any other union organization activity
with respect to the workforce of the Company or the Sellers with respect to the
Business. The employment of each employee and the engagement of each independent
contractor involved in the Business is terminable at will and neither the
Company nor the Sellers have agreed to pay severance to any employee of the
Business who may be terminated except as set forth on Schedule 3.17.

         (b)      Except as set forth on Schedule 3.17, the Company, and each
Seller with respect to the Business, is in material compliance with and has not
violated the terms and provisions of the Immigration Laws. With respect to each
employee (as defined in Section 274a.1(f) of Title 8, Internal Revenue Code of
Federal Regulations) of the Company and the Sellers with respect to the Business
for whom compliance with the Immigration Laws by an employer (as defined in
Section 274a.1(g) of Title 8, Internal Revenue Code of Federal Regulations) is
required, the Sellers have made available to Purchaser copies of such employee's
Form I-9 (Employment Eligibility Verification Form) and all other records,
documents or other papers that are retained with the Form I-9 by the employer
pursuant to the Immigration Laws. Neither the Company, nor any of the Sellers
with respect to the Business, have been the subject of any inspection or
investigation relating to its compliance with or violation of the Immigration
Laws, nor have they been warned, fined or otherwise penalized by reason of any
failure to comply with the Immigration Laws, nor is any such proceeding pending
or, to the Knowledge of the Company or the Sellers, threatened.

         (c)      Within the past three (3) years, the Company, and the Sellers
with respect to the Business, have not effectuated (i) a "plant closing" (as
defined in the Worker Adjustment and Retraining Notification (WARN) Act Pub. L.
100-379, 102 stat. 890 (1988) (the "WARN Act")) affecting any site of employment
or one or more facilities or operating units within any site of employment or
facility of the Company or any Seller; or (ii) a "mass layoff" (as defined in
the WARN Act) affecting any site of employment or facility of the Company or any
Seller; and neither the Company nor any Seller has been

                                      -28-
<PAGE>
affected by any transaction or engaged in layoffs or employment terminations
sufficient in number to trigger application of any similar foreign, state or
local Law. Except as set forth on Schedule 3.17, none of the Company's or the
Sellers' employees who are employed in the Business has suffered an "employment
loss" (as defined in the WARN Act) since six (6) months prior to the Closing
Date.

         3.18     EMPLOYEES. Schedule 3.18 contains a correct and complete list
of all employees of the Company and the Business, the entity by which such
employee is employed, and the remuneration they receive. To the actual knowledge
of Richard Blumenthal, Michael Chamberlain and Eric Haskell, no senior executive
officer or other key member of executive management of the Company intends to
terminate his or her employment with the Company as a result of the transactions
contemplated by this Agreement or otherwise. The Company will not owe any
amounts to any of its employees solely as a result of the consummation of the
transactions contemplated by this Agreement.

         3.19     EMPLOYEE BENEFIT PLANS.

         (a)      Schedule 3.19 contains a true and complete list of all
Employee Benefit Plans that are presently in effect or that have previously been
in effect, that cover employees of the Company or employees of the Sellers
engaged in the Business ("Employees").

         (b)      Neither the Company, any Seller nor any ERISA Affiliate has at
any time sponsored, contributed to or been obligated to contribute to a
"multiemployer pension plan" (as defined in ERISA Sections 4001(a)(3) and
3(37)(A)) or to a "defined benefit plan" (as defined in ERISA Section 3(35)).

         (c)      All Employee Benefit Plans are in compliance in all material
respects with the applicable terms of ERISA, the Code, and any other applicable
Laws. Each Employee Benefit Plan that is an "employee pension benefit plan"
within the meaning of Section 3(2) of ERISA and that is intended to be qualified
under Section 401(a) of the Code has received a favorable determination letter
from the Internal Revenue Service covering all tax law changes prior to the
Economic Growth and Tax Relief Reconciliation Act of 2001 or has applied to the
Internal Revenue Service for such a favorable determination letter within the
applicable remedial amendment period under Section 401(b) of the Code, and none
of the Sellers is aware of any circumstances likely to result in the loss of the
qualification of such Employee Benefit Plan under Section 401(a) of the Code.

         (d)      With respect to each Employee Benefit Plan and except as would
not have a Company Material Adverse Effect, within the prior two calendar years
(i) there have been no "prohibited transactions" as defined in Section 406 of
ERISA or Section 4975 of the Code; (ii) no fiduciary (as defined in Section
3(21) of ERISA) has any liability for breach of fiduciary duty or any other
failure to act or comply in connection with the administration or investment of
the assets of such plans; and (iii) no actions, suits or

                                      -29-
<PAGE>
claims with respect to such plans (other than routine claims for benefits) are
pending or threatened. No Employee Benefit Plan is under audit or investigation
by the Internal Revenue Service, the Department of Labor, or the Pension Benefit
Guaranty Corporation and, to the Knowledge of the Company or the Sellers, no
such audit or investigation is threatened. No tax under Section 4980B or 5000 of
the Code has been incurred with respect to any Employee Benefit Plan and no
circumstances exist that could give rise to such taxes for which the Company,
any Seller or any ERISA Affiliate would have any liability in an amount that
would be material.

         (e)      Neither the Company, any Seller nor any ERISA Affiliate has
any Controlled Group Liability. For this purposes, "Controlled Group Liability"
shall mean any liability (i) under Title IV of ERISA, (ii) under Section 302 of
ERISA, (iii) under Section 412 or 4971 of the Code, or (iv) as a result of
failure to comply with the continuation coverage requirements of Section 601 et
seq. of ERISA and Section 4980B of the Code

         3.20     MATERIAL CONTRACTS. (a) Schedule 3.20(a) contains a true and
correct list, and (if oral) summary description, of all Company Contracts (as
defined below). Except as contemplated hereunder or disclosed in Schedule 3.10,
3.11, 3.14, 3.20, 3.22 or 3.23, neither the Company, nor the Sellers with
respect to the Business, nor any of the Purchased Assets, the Business, or the
related operations, is a party to, or is bound or affected by, or receives
benefits under, (i) any employment, severance, termination, consulting, or
retirement Contract, (ii) any Contract relating to the borrowing of money by the
Company, or the Sellers with respect to the Business, or the guarantee by the
Company, of any such obligation (other than Contracts evidencing trade payables
and Contracts relating to borrowings or guarantees made in the ordinary course
of business), (iii) any Contract that prohibits or restricts the Company, or the
Sellers with respect to the Business, from engaging in any business activities
in any geographic area, line of business or otherwise in competition with any
other Person, (iv) any software license, the payment terms of which permit
license fees in excess of $100,000 to be paid after the date of this Agreement,
(v) any agreement to provide software services such as systems implementation,
modification, training and systems integration that, by its terms and assuming
the Company's or the Business' performance thereof, provides for revenues to the
Business in excess of $200,000 from and after the date of this Agreement, (vi)
any agreement to provide maintenance and enhancements, such as telephone
support, regulatory updates and financial and technical enhancements, that by
its terms and assuming the Company's or the Business' performance thereof,
provides for forecasted revenues to the Business in excess of $100,000 for the
twelve calendar month period immediately following the Closing Date, (vii) any
Contract relating to the purchase by the Company of any goods or services,
involving payments by the Company under any individual Contract in excess of
$50,000 in any twelve month period ending after the Closing Date, (viii) all
Purchased Contracts, and (ix) all Contracts referred to in Sections 3.11, 3.14,
3.20, 3.22 and 3.23 (together referred to as the "Company Contracts").

         (b)      Except as set forth on Schedule 3.20(b): (i) each Company
Contract is in full force and effect; (ii) neither the Company nor any of the
Sellers is in Default under

                                      -30-
<PAGE>
any Company Contract; (iii) neither the Company nor any of the Sellers has
repudiated or waived any material provision of any Company Contract; (iv) no
other party to any Company Contract is, to the Knowledge of the Company and the
Sellers, in Default in any material respect or has repudiated or waived any
material provision thereunder; (v) there exists no actual, or to the Knowledge
of the Company or the Sellers, threatened, cancellation, termination, or
material limitation of, or any material amendment, modification, or change to
any Company Contract; (vi) neither the Company nor any of the Sellers has
received formal notice that any party to a Company Contract will not renew such
Company Contract at the end of its existing term; and (vii) no Company Contract
requires Consent for assignment in connection with the transactions contemplated
by this Agreement.

         3.21     LEGAL PROCEEDINGS. Except as set forth on Schedule 3.21, there
is no Litigation instituted or pending, or, to the Knowledge of the Company or
the Sellers, threatened against the Company or the Business, or against any
director, officer or employee of the Company or the Business in their capacities
as such or against any of the Purchased Assets. There are no Orders outstanding
against the Company, the Business or the Purchased Assets.

         3.22     TRANSACTIONS WITH AFFILIATES. Except as set forth on Schedule
3.22, the Company is not a party to any Contract with any of the Sellers or any
of their respective Affiliates, including Contracts under which it: (a) leases
any Real Property or personal property (either to or from such Person); (b)
licenses or purchases of technology of Intellectual Property (either to or from
such Person); (c) is obligated to purchase any tangible or intangible Asset from
or sell such Asset to such Person; (d) purchases products or services from such
Person; or (e) has any Liability as a guarantor or debtor or otherwise.

         3.23     CUSTOMERS. Schedule 3.23 sets forth a complete and correct
list of the thirty (30) largest customers of the Business as measured by the
consolidated revenues of the Business during the fiscal year ended September 30,
2002 and from such date to the date hereof (the "Significant Customers"), and
the aggregate revenues generated from each such Significant Customer for each
such period. As of the date of this Agreement, except as set forth on Schedule
3.23, (a) solely with respect to the Business, neither the Company nor any
Seller or their respective Affiliates is engaged in a material dispute with any
Significant Customer, (b) solely with respect to the Business, to the Knowledge
of the Company or the Sellers, no Significant Customer has proposed any adverse
modification or change in any Contract with the Company or the Sellers, and (c)
no Significant Customer has given the Company or any Seller written notice that
it is subject to any bankruptcy, insolvency or similar proceeding, and no such
proceeding is pending or, to the Knowledge of the Company and the Sellers,
threatened. Except as set forth on Schedule 3.23, since September 30, 2002, the
Company, the Sellers and their respective Affiliates have not at any time
delivered to, or received from, any Significant Customer any formal notice or
written allegation of a Default with respect to any Contract, and none of such
Significant Customers has terminated or failed to exercise any option to renew
any Contract with respect to the Business.

                                      -31-
<PAGE>

         3.24     STATEMENTS TRUE AND CORRECT. No statement of the Company or
the Sellers to Purchaser in this Agreement or any Transaction Document contains
or will contain any untrue statement of material fact or will omit to state a
material fact necessary to make the statements therein, in light of the
circumstances under which they were made, not misleading.

         3.25     BROKERS OR FINDERS. The Company and the Sellers have incurred
no obligation or Liability, contingent or otherwise, for brokerage or finders'
fees or agents' commissions or other similar payments for which Purchaser or the
Company will, directly or indirectly, have any Liability.

4.       REPRESENTATIONS AND WARRANTIES OF PURCHASER.

         Purchaser represents and warrants to the Sellers as follows:

         4.1      ORGANIZATION AND QUALIFICATION.

         Purchaser is a corporation duly organized, validly existing, and in
good standing under the Laws of the State of Delaware and has the corporate
power and authority to carry on its business as now conducted and to own, lease
and operate its Assets. Purchaser is duly qualified or licensed to transact
business as a foreign corporation in good standing in the states of the United
States and foreign jurisdictions where the character of its Assets or the nature
or conduct of its business requires it to be so qualified or licensed, except
for such jurisdictions in which the failure to be so qualified or licensed is
not reasonably likely to have, individually or in the aggregate, a Purchaser
Material Adverse Effect.

         4.2      AUTHORITY; NO BREACH BY AGREEMENT.

         (a)      Purchaser has the corporate power and authority necessary to
execute, deliver and perform this Agreement and the Transaction Documents and to
consummate the transactions contemplated hereby and thereby. The execution,
delivery, and performance of this Agreement and the Transaction Documents and
the consummation of the transactions contemplated herein and therein have been
duly and validly authorized by all necessary corporate action on the part of
Purchaser. This Agreement and each of the Transaction Documents represents
legal, valid, and binding obligations of Purchaser, enforceable against it in
accordance with their respective terms (except in all cases as such
enforceability may be limited by applicable bankruptcy, insolvency,
reorganization, receivership, conservatorship, moratorium, or similar Laws
affecting the enforcement of creditors' rights generally and except that the
availability of the equitable remedy of specific performance or injunctive
relief is subject to the discretion of the court before which any proceeding may
be brought).

         (b)      Neither the execution and delivery of this Agreement or the
Transaction Documents by Purchaser, nor the consummation by Purchaser of the
transactions

                                      -32-
<PAGE>

contemplated hereby or thereby, nor compliance by Purchaser with any of the
provisions hereof or thereof, will (i) conflict with or result in a breach of
any provision of its certificate of incorporation or bylaws, (ii) except as
disclosed in Schedule 4.2(b), constitute or result in a Default under, or
require any Consent pursuant to, any Contract or Permit of Purchaser; (iii)
constitute or result in a Default under, or require any Consent pursuant to, any
Law or Order applicable to Purchaser; or (iv) result in the acceleration of the
maturity of any payment date of any of the Liabilities of Purchaser.

         (c) Other than as set forth on Schedule 4.2(c), no notice to, filing
with, or Consent of, any Regulatory Authority or any Third Party is necessary
for the consummation by Purchaser of the transactions contemplated by this
Agreement and the other Transaction Documents.

         4.3 BROKERS AND FINDERS. Purchaser has incurred no obligation or
Liability, contingent or otherwise, for brokerage or finders' fees or agents'
commissions or other similar payments in connection with this Agreement or the
transactions contemplated herein for which the Sellers will, directly or
indirectly, have any Liability.

         4.4      INVESTMENT REPRESENTATIONS.

         (a)      Purchaser understands that SCT Financial proposes to deliver
the Shares to Purchaser without compliance with the registration requirements of
the Securities Act of 1933, as amended (the "Securities Act"), that for such
purpose SCT Financial will rely upon the representations, warranties, covenants
and agreements contained herein, and that such non-compliance with registration
is not permissible unless such representations and warranties are correct and
such covenants and agreements performed. Purchaser is an "accredited investor"
as such term is defined in Rule 501 under the Securities Act.

         (b)      Purchaser is a sophisticated investor familiar with the type
of risks inherent in the acquisition of restricted securities such as the
Shares, and Purchaser's financial position is such that it can afford to retain
the Shares for an indefinite period of time without realizing any direct or
indirect cash return on its investment.

         (c) Purchaser is acquiring the Shares for its own account and not with
a view to, or for sale in connection with, the distribution thereof within the
meaning of the Securities Act.

         4.5 PURCHASER FINANCING. Purchaser has entered into agreements (the
"Financing Agreements") with Persons to provide financing through the sale of
capital stock and indebtedness of Purchaser in sufficient amounts (assuming the
consummation of the transactions contemplated by the Financing Agreements on the
terms and conditions thereof) to consummate the transactions contemplated
hereby. Purchaser has provided correct copies of the Financing Agreements to the
Sellers.

                                      -33-
<PAGE>

         4.6      HART-SCOTT-RODINO ACT. In accordance with 16
C.F.R.ss.801.1(c)(3), the Purchaser has made a determination in good faith that
the fair market value of the (a) Shares, (b) Purchased Assets and (c) Assumed
Liabilities do not exceed $50,000,000.

5.       COVENANTS.

         5.1      AFFIRMATIVE COVENANTS. From the date of this Agreement until
the earlier of the Closing or the termination of this Agreement in accordance
with Section 9.1, unless the prior written consent of Purchaser shall have been
obtained, and except as otherwise expressly contemplated herein, Sellers shall,
and shall cause the Company to, (a) operate the Business only in the usual,
regular, and ordinary course, (b) preserve intact the Company's business
organization and Assets and the Purchased Assets and maintain the Company's
rights and franchises, and (c) take no action that would (i) materially
adversely affect the ability of any Party to obtain any Consents required for
the transactions contemplated hereby, or (ii) materially adversely affect the
ability of any Party to perform its covenants and agreements under this
Agreement. Purchaser shall take no action that would (i) materially adversely
affect the ability of any Party to obtain any Consents required for the
transactions contemplated hereby, or (ii) materially adversely affect the
ability of any Party to perform its covenants and agreements under this
Agreement.

         5.2      NEGATIVE COVENANTS. From the date of this Agreement until the
earlier of the Closing or the termination of this Agreement in accordance with
Section 9.1, unless the prior written consent of Purchaser shall have been
obtained, and except as otherwise expressly contemplated in this Agreement, the
Sellers and the Company covenant and agree that they will not do or agree or
commit to do any of the following:

         (a)      Amend the Certificate of Incorporation, Bylaws or other
governing instruments of the Company;

         (b)      Solely with respect to the Company, incur any debt obligation
or other obligation for borrowed money, or impose, or suffer the imposition, on
any Asset of the Business, including the Purchased Assets, of any Lien or permit
any such Lien to exist, other than Permitted Liens;

         (c)      Except for this Agreement, issue, sell, pledge, encumber,
authorize the issuance of, enter into any Contract to issue, sell, pledge,
encumber, or authorize the issuance of, or otherwise permit to become
outstanding, any additional shares of capital stock of the Company, or any stock
appreciation rights, or any option, warrant, or other equity right;

         (d)      Repurchase, redeem, or otherwise acquire or exchange, directly
or indirectly, any shares, or any securities convertible into any shares, of the
capital stock of the Company, or declare or pay any dividend or make any other
distribution in respect of the Company's capital stock; provided, however, that
periodic and customary sweeps or other distributions of the cash of the Company
from any account(s) of the Company to a

                                      -34-
<PAGE>

central or other account of the Company or SCT shall not be considered a
violation or in contravention of this Section 5.2.

         (e)      Adjust, split, combine or reclassify any capital stock of the
Company or issue or authorize the issuance of any other securities in respect of
or in substitution for shares of capital stock, or sell, lease, mortgage or
otherwise dispose of or otherwise encumber (i) any shares of capital stock of
the Company or (ii) any Asset of the Business, including the Purchased Assets
other than in the ordinary course of the Business, consistent with past practice
or with respect to obsolete assets;

         (f)      Solely with respect to the Company, purchase any securities or
make any investment, either by purchase of stock of securities, contributions to
capital, Asset transfers, or purchase of any Assets, in any Person or otherwise
acquire direct or indirect control over any Person;

         (g)      Grant any increase in compensation or benefits to the
employees of the Company or the Business except in the ordinary course of
business consistent with past practice; grant any increase in compensation or
benefits to the employees of the Company or the Business with the title of
Vice-President or above; pay any severance or termination pay or any bonus other
than pursuant to written policies or written Contracts in effect on the date of
this Agreement; and enter into or amend any severance agreements with employees
of the Company;

         (h)      Enter into or amend any employment Contract between the
Company and any Person (unless such amendment is required by Law) that the
Company does not have the unconditional right to terminate without nominal
Liability or no Liability (other than Liability for services already rendered),
at any time on or after the Closing;

         (i)      Adopt any employee benefit plan of the Company or terminate or
withdraw from, or make any material change in or to, any existing employee
benefit plans applicable to employees of the Business, other than any such
change that is required by Law or that, in the opinion of counsel to the
Sellers, is necessary or advisable to maintain the tax qualified status of any
such plan, or make any distributions from such employee benefit plans, except as
required by Law, the terms of such plans or consistent with past practice;

         (j)      Make any significant change in any Tax or accounting methods
or systems of internal accounting controls of the Company or the Business,
except as may be appropriate to conform to changes in Tax Laws or regulatory
accounting requirements or GAAP;

         (k)      Commence any Litigation with respect to the Business other
than in accordance with past practice or settle any Litigation other than any
matter relating to the claim brought by KPMG Consulting, Inc. against the
Company in the circuit court of the eleventh judicial circuit, case number
02-14170 CA10;

                                      -35-
<PAGE>

         (l)      Cease the use of, or abandon any registration or application
for registration of, any Company Intellectual Property; or

         (m)      Except in the ordinary course of the Business, enter into,
modify, amend or terminate any Company Contract or waive, release, compromise or
assign any material rights or claims of the Business.

         5.3      ADVERSE CHANGES IN CONDITION. The Company and the Sellers
agree to give Purchaser written notice promptly upon becoming aware of the
occurrence of any event or circumstance relating to it that is reasonably likely
to have, individually or in the aggregate, a Company Material Adverse Effect or
that would cause or constitute a material breach of any of the Sellers'
representations, warranties, or covenants contained herein, and to use its
reasonable efforts to prevent or promptly to remedy the same.

         5.4      OTHER OFFERS.

         (a)      Each of the Company and the Sellers agree that they shall not,
and shall cause each of their respective subsidiaries, Affiliates and
Representatives not to, directly or indirectly, encourage, solicit, initiate or
engage in discussions or negotiations with, or provide any non-public
information to, any person other than Purchaser and its representatives
concerning any merger, sale of substantial Assets, sale of shares of capital
stock or similar transactions involving the Company (an "Acquisition Proposal")
or enter into any agreement with respect thereto. If, notwithstanding the
foregoing, the Company or the Sellers shall receive any Acquisition Proposal or
any inquiry regarding such a proposal from a Third Party, the Company or the
Sellers will promptly communicate to Purchaser the existence and terms of any
such proposal or inquiry.

         (b)      The Company and the Sellers shall immediately cease any and
all existing activities, discussions or negotiations with any Persons conducted
heretofore with respect to any Acquisition Proposal and will use their
respective commercially reasonable efforts to enforce any confidentiality or
similar agreement with such Persons. Without limiting the foregoing, it is
agreed that any violation of the restrictions set forth in this Section 5.4, by
any Affiliate or Representative of any Seller shall be deemed to be a breach of
this Section 5.4 by the Sellers.

         5.5      PRESS RELEASES. Prior to the Closing, Purchaser and the
Sellers shall consult with each other as to the form and substance of any press
release or other public disclosure materially related to this Agreement or any
other transaction contemplated hereby; provided, that nothing in this Section
5.5 shall be deemed to prohibit any Party from making any disclosure which its
counsel deems necessary or advisable in order to satisfy such Party's disclosure
obligations imposed by Law.

         5.6      ACCESS. During the period commencing on the date of this
Agreement and continuing through the Closing Date, the Company and the Sellers
will cause the Company and the Business to permit Purchaser and its
Representatives, upon reasonable advance notice, to have access to the Company's
and the Business' properties, Contracts,

                                      -36-
<PAGE>
books and records, and other documents and data. Purchaser and its
Representatives shall also have the right and privilege to enter upon the Owned
Real Property prior to the Closing Date to inspect the Owned Real Property and
to conduct surveys and/or other non-invasive physical inspections, including a
Phase I Environmental Site Assessment at the facilities referenced as Seven and
Nine Science Court, Columbia, S.C., all at Purchaser's sole cost and expense,
provided such inspections do not unreasonably interfere with the ordinary
conduct of business at that location.

         5.7      OBLIGATIONS OF THE SELLERS REGARDING STAY BONUS PAYMENTS. The
Sellers shall pay all amounts owing to employees of the Company and the Business
under the Stay Bonus Agreements, and the Company and Purchaser shall have no
Liability with respect thereto.

         5.8      AGREEMENT AS TO EFFORTS TO CONSUMMATE TRANSACTION. Subject to
the terms and conditions of this Agreement, each Party agrees to use its
reasonable efforts to take, or cause to be taken, all actions, and to do, or
cause to be done, all things necessary, proper, or advisable under applicable
Laws to consummate and make effective, as soon as reasonably practicable after
the date of this Agreement, the transactions contemplated by this Agreement,
including using its reasonable efforts to lift or rescind any Order adversely
affecting its ability to consummate the transactions contemplated herein and to
cause to be satisfied the conditions referred to in Sections 6 and 7; provided,
that nothing herein shall preclude either Party from exercising its rights under
this Agreement.

         5.9      THIRD PARTY CONSENTS. (a) The Sellers shall use their
commercially reasonable efforts to obtain, at their sole cost and expense, prior
to the Closing all Consents and estoppels which, in the reasonable judgment of
Purchaser, are necessary or appropriate for the transfer or assignment of each
of the Purchased Assets and the Business to Purchaser and the consummation of
the transactions contemplated hereby as listed on Schedule 6.3. All such
Consents and estoppels shall be in writing and in form and substance reasonably
satisfactory to Purchaser, and executed counterparts thereof will be delivered
to Purchaser promptly after receipt thereof but in no event later than the
Closing. In any case where a necessary Consent or estoppel has not been obtained
at or prior to the Closing, the Sellers shall assist Purchaser after Closing, at
Purchaser's request and at the sole expense of the Sellers, using all
commercially reasonable efforts to obtain such Consent or estoppel. If any such
Consent shall not be obtained using commercially reasonable efforts or if any
attempted assignment would be ineffective or would impair Purchaser's rights
under the Purchased Asset in question so that Purchaser would not in effect
acquire the benefit of all such rights (and any related Liabilities), the
Sellers, to the maximum extent permitted by the specific Purchased Asset to the
extent commercially reasonable, shall enter into a sublicense, sublease,
subcontract or similar arrangement with Purchaser, solely to the extent
reasonably practicable with respect to such Purchased Assets (and any related
Liabilities). In any case where the Sellers are unable or it is not commercially
reasonable to enter into such sublicense, sublease, subcontract or similar
arrangement, the Sellers shall assist Purchaser after the Closing, at
Purchaser's request and at the sole expense of the Sellers, using all
commercially reasonable efforts, to obtain from the Third Party such agreement
or Contract, such Third Party's cooperation to enter

                                      -37-
<PAGE>

into an arrangement whereby the benefits and related Liabilities of any
Purchased Assets would be obtained by Purchaser. The obligation of the Sellers
hereunder shall not be in limitation of Purchaser's right to terminate this
Agreement in accordance with the terms hereof, at or prior to the Closing Date.

         (b)      The Sellers shall use their commercially reasonable efforts to
obtain, at their sole cost and expense, prior to the Closing a written agreement
with ACS Government Systems, Inc. ("ACS"), documenting the relationship between
ACS and the Company in respect of those Contracts listed on Schedule 5.9(b)
hereto. The Contracts listed on Schedule 5.9(b) constitute all of the Contracts
of the Company under which the Company provides services, licenses its products
or has any Liability or receives any benefit to which ACS is a party. Such
written agreement shall be in writing and in form and substance reasonably
satisfactory to Purchaser, and executed counterparts thereof will be delivered
to Purchaser promptly after receipt thereof. Purchaser acknowledges that ACS is
likely to require, as a condition to entering into such written agreement, that
the Company enter into a written agreement documenting the relationship between
ACS and the Company with respect to any contracts that involve ACS software or
services as to which the Company (and not ACS) is the contracting party with the
customer. Furthermore, Purchaser agrees that it will be responsible for any
costs and expenses incurred by Purchaser in connection with the actions
contemplated by this Section 5.9(b). If the agreement discussed above has not
been obtained from ACS at or prior to the Closing, the Sellers shall assist
Purchaser after Closing, at Purchaser's request and at the sole expense of the
Sellers, using all commercially reasonable efforts to obtain such written
agreement.

         5.10     REGULATORY CONSENTS. The Parties hereto shall cooperate with
each other and use their reasonable efforts to promptly prepare and file all
necessary documentation, to effect all applications, notices, petitions and
filings and to obtain as promptly as practicable all Consents of all Regulatory
Authorities which are necessary or advisable to consummate the transactions
contemplated hereby. The Parties agree that they will consult with each other
with respect to the obtaining of all such Consents and each Party will keep the
other apprised of the status of such matters. Each Party also shall promptly
advise the other upon receiving any communication from any Regulatory Authority
whose Consent is required for consummation of the transactions contemplated
hereby which causes such Party to believe that there is a reasonable likelihood
that any requisite Consent will not be obtained or that the receipt of any such
Consent will be materially delayed. The Purchaser and the Sellers shall jointly
split the cost of obtaining any such Consents.

         5.11     CERTAIN TAX MATTERS.

         (a)      Election Under Section 338(h)(10) of the Internal Revenue
         Code.

                  (i)      SCT shall file a consolidated federal income tax
         return that includes the Company for the taxable year immediately
         preceding the current taxable year.

                                      -38-
<PAGE>

                  (ii)     Purchaser and SCT and their Affiliates shall (A)
         take, and cooperate with each other to take, all reasonable actions
         necessary and appropriate (including, without limitation, the
         preparation, completion and timely joint filing by Purchaser and SCT of
         applicable IRS Forms, and the preparation, completion and timely filing
         of such other forms, returns, elections, schedules and other documents
         and instruments) to effect, perfect and preserve a timely election in
         accordance with Section 338(h)(10) of the Code and all comparable
         elections permitted under applicable state, local or foreign law
         (collectively, the "Section 338(h)(10) Elections") with respect to the
         Company; (B) report the purchase and sale of the Company consistent
         with the foregoing Section 338(h)(10) Elections; and (C) take no
         position contrary thereto or inconsistent therewith in any Tax Return,
         or in any discussion with or any proceeding before any Taxing authority
         or other governmental body or otherwise.

                  (iii)    The portion of the Allocable Consideration that
         comprises the consideration paid with respect to the Shares, together
         with liabilities of the Company within the meaning of Treas. Reg.
         Section 1.338-5(b)(iii) (the "aggregated grossed-up basis") (as
         defined, and required to be allocated pursuant to Section 338(h)(10) of
         the Code) ("Company Allocable Consideration") shall be determined in
         accordance with the Allocation Schedule and the proper allocation of
         the Company Allocable Consideration among the Assets of the Company
         shall be in accordance with a "Preliminary Company Allocation Schedule"
         to be prepared by Purchaser and delivered to SCT, together with the
         Preliminary Allocation Schedule. Finalization of the Preliminary
         Allocation Schedule shall be in accordance with the principles and
         procedures set forth in Section 2.3(f), the result of which shall be
         referred to as the "Company Allocation Schedule." The allocation set
         forth in such Company Allocation Schedule shall comply with the rules
         of Section 338 of the Code. Purchaser, SCT and their Affiliates agree
         to be bound by the allocation set forth in the Company Allocation
         Schedule for all purposes of Tax reporting.

         (b)      SCT or the Company shall prepare and file (or cause to be
prepared and filed) in a timely manner all Tax Returns of the Company (i) that
are due on or before the Closing Date, taking into account extensions of time to
file granted, or (ii) that are related to any taxable period ending on or before
the Closing Date ("Pre-Closing Tax Period") and which have not been filed on or
before the Closing Date. Purchaser and the Company shall do the same for the Tax
Returns of the Company after the Closing Date with respect to any taxable period
beginning before the Closing Date and ending after the Closing Date. The
foregoing Tax Returns to be prepared and filed by each of Purchaser, SCT and the
Company shall be prepared in accordance with applicable Tax laws and consistent
with past practices. With respect to any Tax Return of the Company filed by SCT
or the Company with respect to a Pre-Closing Tax Period pursuant to this Section
5.11(b), SCT shall provide Purchaser with a copy of such completed Tax Return
(or, if such Tax Return is a consolidated, combined or similar Tax Return, the
portion of such Tax Return that relates to the Company) on or prior to the due
date of such Tax Return.

                                      -39-
<PAGE>
With respect to any Tax Return required to be filed by Purchaser with respect to
the Company pursuant to this Section 5.11(b), Purchaser shall provide SCT with a
copy of such completed Tax Return (or, if such Tax Return is a consolidated,
combined or similar Tax Return, the portion of such Tax Return that relates to
the Company) and a statement certifying the amount of Tax shown on such Tax
Return that is allocable to SCT pursuant to Section 10.1(b), together with
appropriate supporting information and schedules at least 45 days prior to the
due date (including extensions) for the filing of such Tax Return, and SCT shall
have the right to review and comment on such Tax Return and statement prior to
the filing of such Tax Return. At least ten (10) days prior to the due date of a
Tax Return to be filed by Purchaser pursuant to this Section 5.11(b), SCT shall
make prompt payment to Purchaser (or to the applicable Taxing authority, if
appropriate, and promptly furnish proof of such payment to Purchaser) of the
amount shown as allocable to SCT on a Tax Return and accompanying certifying
statement provided to SCT by the Purchaser pursuant to this Section 5.11(b).
Purchaser and the Sellers agree to consult and resolve in good faith any issue
arising out of the review of any such Tax Return to be filed by Purchaser
pursuant to this Section 5.11(b).

         (c)      All Tax sharing agreements and similar agreements (other than
the provisions of this Agreement) that the Company is a party to shall be
terminated with respect to the Company as of the Closing Date, and the Company
shall not have any liability from and after the Closing Date under any such
agreement.

         (d)      Promptly after receipt by Purchaser (or one of its Affiliates)
or any Seller (or one of its Affiliates) of written notice of the assertion or
commencement of any material claim, audit, examination or other proposed change
or adjustment by any Taxing Authority relating to the Company or any of the
Purchased Assets from the SCT Sellers for any period beginning on or prior to
the Closing Date (a "Tax Claim"), the recipient shall immediately notify the
other Parties. Such notice shall contain factual information to the extent
known) describing the asserted Tax Claim in reasonable detail and shall include
copies of any notice or other document received from any Taxing authority in
respect of any such asserted Tax Claim. From and after the Closing, SCT shall
have the right to represent the Company's interests in any Tax audit or
administrative or court proceeding relating to any Tax Claim, and to employ
counsel of SCT's choice at its expense; provided, however, that Purchaser and
its Representatives shall be permitted, at their expense, to participate in any
such audit or proceeding. Notwithstanding the foregoing, from and after the
Closing, neither SCT nor any Affiliate of SCT shall be entitled to settle,
either administratively or after the commencement of Litigation, any Tax Claim
which could reasonably be expected to affect the Company or Purchaser or its
Affiliates with respect to any taxable period ending after the Closing Date
without the prior written consent of Purchaser, such consent not to be
unreasonably withheld or delayed. Neither Purchaser nor any of its Affiliates
shall be entitled to settle, either administratively or after the commencement
of Litigation, any claim for Taxes of the Company for which SCT reasonably could
be expected to be liable in whole or in part under Section 10.1(b) without the
prior written consent of SCT, such consent not to be unreasonably withheld or
delayed.

                                      -40-
<PAGE>

         (e)      After the Closing Date, each of the Sellers and Purchaser
shall (and cause their respective Affiliates to): (i) assist the other party in
preparing any Tax Return or any amended Tax Return (provided, however, that
Purchaser shall not file, or cause or permit to be filed, any amended Tax Return
of the Company or in relation to the Purchased Assets or the Business, to the
extent such amended Tax Return is reasonably likely to affect the Tax liability
of the Company or any SCT Seller for any periods ending on or prior to the
Closing Date, without the prior written consent of SCT, which consent shall not
be unreasonably withheld or delayed) or in obtaining any refund of Taxes or
other Tax benefit, including any payment or other benefit under the FILOT
Program; (ii) cooperate fully in preparing for any audits of, or disputes with
Taxing authorities; (iii) make available to the other party and any Taxing
authority as reasonably requested all information, records, and documents
relating to Taxes of the Company; and (iv) furnish the other party with copies
of all correspondence received from any Taxing authority in connection with any
Tax Claim. Further, if Purchaser or the Company shall receive any refund or
other payment or benefit with respect to the FILOT Program, to the extent the
amount of any such refund or other payment or benefit relates to a taxable
period ending on or prior to the Closing Date or to the portion of a Straddle
Period ending on and including the Closing Date, Purchaser shall pay such amount
to SCT within thirty (30) days following the receipt thereof, and if SCT or any
SCT Seller shall receive any refund or other payment or benefit with respect to
the FILOT Program, to the extent the amount of any such refund or other payment
or benefit relates to a taxable period beginning after the Closing Date or to
the portion of a Straddle Period beginning the day after the Closing Date, SCT
or such SCT Seller shall pay such amount to Purchaser within thirty (30) days
following the receipt thereof (it being understood, in either case, that any
such refund or other payment or benefit relating to a Straddle Period shall be
apportioned between the Parties on a per diem basis). Notwithstanding any other
provision hereof, no Party shall be required unreasonably to obtain any document
or provide any information not then in its possession to comply with this
Section 5.11(e).

         5.12     EMPLOYEES. (a) Immediately prior to the Closing Date, the
Sellers shall terminate the employment of, or cause the termination of
employment of, each Selected Employee. Purchaser shall offer employment to each
Selected Employee to become an employee of the Company or a subsidiary of
Purchaser effective as of the Closing Date. With respect to the Selected
Employees, the Sellers shall use their reasonable efforts to assist Purchaser in
hiring such Selected Employees and shall use their reasonable efforts to make
such Selected Employees available to Purchaser. Those Selected Employees who
accept Purchaser's offers of employment and do not rescind their acceptance
prior to the Closing Date shall become employees of the Company or a subsidiary
of Purchaser on the Closing Date. Each Retained Employee shall remain an
employee of the Company on the Closing Date, and each Accepting Employee shall
become an employee of the Company or a subsidiary of Purchaser on the Closing
Date.

         (b)      Purchaser agrees that during the period commencing on the
Closing Date and ending on the first anniversary thereof, the Hired Employees
will receive base salaries that will be not be less than the base salaries they
received immediately prior to

                                      -41-
<PAGE>
the Closing Date. The provisions of this Section 5.12(b) do not apply to any
bonuses accrued or received by the Hired Employees prior to the Closing Date.

         (c)      Notwithstanding any other provision of this Agreement, the
Purchaser will be permitted in its sole discretion to terminate any Hired
Employees for any reason.

         5.13     EMPLOYEE BENEFIT PLANS.

         (a)      Purchaser agrees that during the period commencing on the
Closing Date and ending on the first anniversary thereof, the Hired Employees
will be provided with benefits under the Purchaser's Employee Benefit Plans
that, in the aggregate, are no less favorable than those currently provided by
Purchaser to similarly situated employees of Purchaser.

         (b)      Purchaser will cause each of its Employee Benefit Plans in
which Hired Employees are eligible to participate to take into account for
purposes of eligibility, vesting and for purposes of severance, vacation and
sick leave benefit accrual thereunder, the length of service of such employees
with the Company or the applicable Seller (as the case may be) as if such
service were service with Purchaser, to the same extent that such service was
credited under a comparable plan of the Company or the applicable Sellers (as
the case may be); provided, however, that such credit shall not result in a
duplication of benefits for the same period of service.

         (c)      Purchaser shall take all such actions as are necessary or
appropriate to ensure that each Hired Employee, each Hired Employee's spouse and
each Hired Employee's dependent children covered under a group health plan of
the Company or a Seller (as the case may be) immediately prior to the Closing
Date shall be eligible to enroll for coverage effective as of the Closing Date
under a group health plan maintained by the Company or Purchaser. Purchaser also
shall take all such reasonable actions as are necessary or appropriate to cause
each group health plan maintained by the Company or Purchaser in which a Hired
Employee, a Hired Employee's spouse or a Hired Employee's dependent children
will participate on and after the Closing Date to waive any waiting period,
evidence of insurability requirement or pre-existing condition limitation that
did not also apply under the applicable group health plan of the Company or a
Seller (as the case may be).

         (d)      To the extent that a Hired Employee has satisfied in whole or
in part any annual deductible or paid any out-of-pocket or co-payment expenses
(as evidenced by reasonable documentation to be provided to Purchaser) under a
group health plan of the Company or a Seller (as the case may be) for the 2003
plan year, such Hired Employee shall be credited therefor under the
corresponding provisions of the corresponding group health plan of the Company,
a subsidiary of the Company or Purchaser in which such individual participates
on and after the Closing Date.

         (e)      The Sellers agree and acknowledge that, except with respect to
accrued vacation of the Hired Employees as of the Closing Date, for which
Purchaser shall be

                                      -42-
<PAGE>
responsible, all the Liabilities under the Employee Benefit Plans set forth on
Schedule 3.19 as of the Closing Date for the Hired Employees shall remain the
Liabilities of the Sellers and/or the Employee Benefit Plans identified on
Schedule 3.19 on and after the Closing Date, and that neither the Company nor
Purchaser shall be responsible for such Liabilities. Prior to the Closing, SCT
Financial shall cause the Company to adopt resolutions and take all other
actions necessary or appropriate to ensure that the Company shall discontinue
its status as a participating employer in the Employee Benefit Plans set forth
on Schedule 3.19 as of the Closing Date. Neither Purchaser nor the Company shall
be required to sponsor, maintain or contribute to any such Employee Benefit Plan
on or after the Closing Date.

         (f)      Purchaser agrees to accept direct rollovers to the Indus
International, Inc. 401(k) Retirement Plan of participant loan balances in the
SCT 401(k) Savings Plan of the Hired Employees in connection with final
distributions to those Hired Employees from the SCT 401(k) Savings Plan.

         (g)      Nothing contained in this Agreement shall create any third
party beneficiary rights in any Hired Employee, any beneficiary or dependent
thereof, or any collective bargaining representative thereof, with respect to
the benefits that may be provided to the Hired Employees by the Company or
Purchaser or under any Employee Benefit Plan.

         5.14     ATLANTA LEASE. Pursuant to the Transition Services Agreement,
the Sellers agree to continue to make available to the Company employees their
office space as such space exists as of the date hereof, including furnishings,
utilities, telephone service and other amenities, in Atlanta, Georgia for a
period of thirty (30) days after Closing without charge to the Company or
Purchaser.

         5.15     FURTHER ASSURANCES. The Sellers from time to time after the
Closing Date, at Purchaser's request, will execute, acknowledge, and deliver to
Purchaser such other instruments of conveyance and transfer and will take such
other actions and execute and deliver such other documents, certifications, and
further assurances as Purchaser may reasonably require in order to vest more
effectively in Purchaser, or to put Purchaser more fully in possession of, the
Shares or any of the Purchased Assets, or to better enable Purchaser to pay,
perform or satisfy any of the Assumed Liabilities. In addition, the Sellers will
make available to Purchaser, without cost to Purchaser or the Company, those
employees of the Sellers and financial or other information reasonably requested
by Purchaser to assist Purchaser in preparing financial statements for the
Business in connection with Purchaser's obligations under the securities laws.
Each of the Parties hereto will cooperate with the other as may be reasonably
requested from time to time to resolve any disputes with a customer of the
Business, including the pending litigation involving KPMG Consulting, Inc.
(provided that the requesting Party agrees to reimburse the actual out of pocket
expenses of the other Party), and execute and deliver to the other Parties
hereto such other instruments and documents and take such other actions as may
be reasonably requested from time to time by any other Party hereto as necessary
to carry out, evidence, and confirm the intended purposes of this Agreement.
Except as expressly

                                     -43-
<PAGE>

provided in this Section 5.15, each Party shall bear its own costs and expenses
in compliance with this Section 5.15.

         5.16     PURCHASER FINANCING. Purchaser shall use its commercially
reasonable efforts to obtain and consummate the financing contemplated by the
Financing Agreements in order to complete the transactions contemplated by this
Agreement.

         5.17     USE OF NAMES. (a) Immediately prior to the Closing, SCT shall
cause the Company to file appropriate amendments to its Certificate of
Incorporation so as to change the Company's name to a name designated by the
Purchaser in writing to SCT at least three days prior to Closing, which
designated name will not include the words or phrases "SCT" or "Systems &
Computer Technology Corporation" or any derivation or portion thereof. From and
after the Closing, the Company and Purchaser shall not use the words or phrases
"SCT" or "SCT Utility Systems" or "Systems & Computer Technology Corporation" in
its materials, presentations, advertisements or any other written or other
communication for purposes of operating the Business or any portion or segment
thereof. Notwithstanding the foregoing, for a period of no longer than sixty
(60) days after the Closing Date, Company may retain use of the name "SCT" and
any derivations thereof on signage, solely in connection with the Company's
operation of the Business after the Closing. During such sixty (60) day period,
the Company shall (and the Purchaser shall cause the Company to) pursue with
commercially reasonable diligence the cessation of such use at the earliest
practicable time, but in no event beyond such sixty (60) day period.
Notwithstanding the foregoing, the Company shall not be required to remove the
name "SCT" to the extent that such names are imbedded in any software programs
licensed or sublicensed by the Company on or before the Closing Date or within
such sixty (60) day period.

         (b)      In addition, the appropriate Seller(s) hereby agrees to grant
Purchaser on the Closing Date, (i) for a period of five (5) years commencing on
the Closing Date, a fully paid, royalty-free and non-exclusive license to use
the trademarks listed on Schedule 5.17(b.1) or any derivation or portion thereof
("Licensed Trademarks") and (ii) for a period and on terms to be mutually agreed
upon, the other Intellectual Property listed on Schedule 5.17(b.2) ("Licensed
Intellectual Property"), in each case on or in connection with the marketing,
distribution and licensing of the Company Software, and otherwise in connection
with the operation of the Business, all in the manner consistent with Company's
use of the Licensed Trademarks and Licensed Intellectual Property prior to the
Closing Date. Sellers agree that it will not grant any Third Party the right to
use any of the Licensed Trademarks or the Licensed Intellectual Property in any
manner to a Person that is engaged or, to the knowledge of the executive
officers of SCT, intends to engage in a business that is the same or
substantially similar to the Business during such five (5) year period.

         (c)      Sellers hereby covenant and agree that they will not oppose,
challenge or otherwise object to Purchaser's use of the unregistered trademarks
and trade names listed on Schedule 2.1(b)(v) in connection with the Purchaser's
operation of the Business or the sale of Business products and services after
the Closing Date.

                                      -44-
<PAGE>

         (d)      Sellers hereby covenant and agree that they will cause the
express abandonment of U.S. trademark registration no. 2,255,641 (BANNER
CUSTOMER TARGET +) and U.S. trademark application no. 76-354,151 (SCT SYNCHRO)
within sixty (60) days following the Closing Date.

6.       CONDITIONS PRECEDENT TO PURCHASER'S OBLIGATION TO CLOSE.

         The obligation of Purchaser to discharge and pay the Purchase Price and
to take the other actions required to be taken by Purchaser at the Closing to
consummate the transactions contemplated by this Agreement is subject to the
satisfaction, at or prior to the Closing, of each of the following conditions
(any of which may be waived by Purchaser, in whole or in part):

         6.1      ACCURACY OF REPRESENTATIONS. For purposes of this Section 6.1,
the accuracy of the representations and warranties of the Sellers set forth in
this Agreement shall be assessed as of the date of this Agreement and as of the
Closing Date with the same effect as though all such representations and
warranties had been made on and as of the Closing Date (provided that
representations and warranties which are made as of a specified date shall speak
only as of such date). There shall not exist inaccuracies in the representations
and warranties of the Sellers set forth in this Agreement such that the
aggregate effect of such inaccuracies has, or is reasonably likely to have, a
Company Material Adverse Effect; provided that, for purposes of this sentence
only, those representations and warranties which are qualified by references to
"material" or "Company Material Adverse Effect" shall be deemed not to include
such qualifications.

         6.2      SELLERS' PERFORMANCE. All of the covenants and obligations
that the Sellers are required to perform or to comply with pursuant to this
Agreement at or prior to the Closing shall have been duly performed and complied
with in all material respects.

         6.3      CONSENTS. The Sellers shall have delivered, at their sole
expense, to Purchaser evidence satisfactory to Purchaser that all Consents and
estoppels required to be obtained, and all filings required to be made, by the
Sellers or the Company listed on Schedule 6.3 have been obtained and made.

         6.4      RESIGNATIONS. The Sellers shall have delivered to Purchaser
the resignations, effective as of the Closing Date, of all of the members of the
Board of Directors of the Company.

         6.5      NO ORDERS. No Order shall have been entered and be in effect
by any Regulatory Authority, and no Law shall have been promulgated or enacted
and be in effect, that prohibits, enjoins or invalidates the transactions
contemplated by this Agreement.

                                      -45-
<PAGE>

         6.6      NO SUITS. No suit or other proceeding shall be pending or
threatened by any Third Party before any Regulatory Authority seeking to
restrain or prohibit or declare illegal, or seeking damages in connection with,
the transactions contemplated by this Agreement.

         6.7      MATERIAL ADVERSE EFFECT. Between the date hereof and the
Closing, there shall have not have occurred a Company Material Adverse Effect.

         6.8      SECRETARY'S CERTIFICATES. Sellers shall have provided
Purchaser executed Secretary's Certificates in the form of Exhibit A hereto for
each Seller and in the form of Exhibit B for the Company.

         6.9      INDEBTEDNESS AND COLLECTION OF CERTAIN RECEIVABLES. On or
prior to the Closing Date, the Sellers shall have caused the Company to (i)
fully pay and satisfy all indebtedness of the Company (including accrued
interest, letters of credit, amounts due to the Sellers or Affiliates and
guarantees) owed to the Sellers or any Affiliate of the Company or the Sellers,
and (ii) collect all receivables due the Company by the Sellers or any Affiliate
of the Company or the Sellers, and the Sellers and the Company shall have
terminated all of the Contracts set forth on Schedule 3.22 with no further
Liability to any party thereto.

         6.10     FINANCING. Purchaser shall have consummated the transactions
contemplated by the Financing Agreements on terms and conditions contained
therein and received proceeds therefrom in an amount not less than $20 million.

         6.11     INSTRUMENTS OF TRANSFER. The form and substance of all
certificates, assignments, orders and other documents and instruments hereunder
shall be satisfactory in all reasonable respects to Purchaser and its counsel.
The Sellers shall have delivered to Purchaser such stock certificates, stock
powers, bills of sale, deeds, endorsements, assignment, licenses and other good
and sufficient instruments of conveyance and transfer and any other instruments
reasonably deemed appropriate by counsel to Purchaser, all in form and substance
reasonably satisfactory to Purchaser and Purchaser's counsel to vest in
Purchaser all of the Sellers' right, title and interest with respect to the
Shares, free and clear of all Liens, and the Purchased Assets, free and clear of
all Liens, except Permitted Liens.

         6.12     REAL PROPERTY DELIVERABLES.

         (a)      The Company shall have delivered a customary sellers'
affidavit and gap indemnity in the form required by Chicago Title Insurance
Company ("Chicago Title") in order to permit Chicago Title to issue to the
Company, at Closing, an owner's policy of title insurance based on Chicago
Title's ALTA Commitment No. 13704.4/12866.TBA with an effective date of January
30, 2003 pertaining to the Owned Real Property (the "Chicago Title Commitment")
previously received by Purchaser and the Company, upon payment of the premium
therefor and satisfaction of the requirements applicable to the Purchaser set
forth in Schedule B-Section 1 to the Chicago Title Commitment, which

                                      -46-
<PAGE>
policy is to be issued without exceptions as to matters arising in the "gap,"
mechanic's or materialman's liens, Third Parties in possession, rights or claims
of real estate brokers and is to include the following endorsements thereto:
separate tax parcel; access; comprehensive; contiguity (to the extent
applicable); creditor's rights; survey and same-as survey (provided Purchaser
has obtained a land title survey of the Owned Real Property certified to
Purchaser, the Company and Chicago Title that satisfies the 1999 Minimum Detail
Requirements for ALTA/ACSM Land Title Surveys, including optional items 1, 2, 3,
4, 6, 7(a), 8, 9, 10, 11, 13, 14, 15 & 16 of Table A thereto (an "ALTA As-Built
Survey") and delivered such ALTA As-Built Survey in accordance with and within
the period of time required by Section 6.13(b) of this Agreement);
non-imputation; zoning (with parking); and waiver of arbitration (the "Requested
Endorsements"). Further, the Company shall have delivered all documents and
information necessary to satisfy all requirements of Chicago Title Insurance
Company listed on Schedule B-Section 1 to the Chicago Title Commitment except
those which are applicable to the Purchaser, which shall be the Purchaser's
responsibility to satisfy.

         (b)      The Company shall have delivered to Purchaser an estoppel,
signed by an authorized representative of any master association or review board
having jurisdiction over the Owned Real Property addressed to Purchaser
certifying that the Owned Real Property is in compliance therewith, that all
assessments have been paid in full, the date through which such assessments have
been paid, the amount and frequency of payment of such assessments and such
other factual matters as may be reasonably requested by Purchaser.

         (c)      The Company and the SCT Sellers shall deliver to Purchaser
reasonable evidence that the Materialmen's Liens, if any and excluding inchoate
landlord's liens, have been paid and discharged or, subject to Purchaser's
reasonable approval, bonded over.

         (d)      The Company and the SCT Sellers shall deliver to Purchaser
reasonable evidence of the following:

                  (i)      A document establishing the approval of the City
                           Engineer permitting the sanitary sewer and electric
                           lines serving the Owned Real Property to overlap with
                           the sanitary sewer easement burdening the Owned Real
                           Property as shown on the C.4.1. utility plan
                           delivered by the Company to Purchaser prior to the
                           date of this Agreement. If no such document exists,
                           Purchaser will accept "no forced removal" coverage
                           from Chicago Title in satisfaction of this subsection
                           in form reasonably acceptable to Purchaser.

                  (ii)     Documents (which may be the ALTA As-Built Survey)
                           evidencing that the various easements listed in the
                           Title Commitment are exclusive and that buildings,
                           paving, pipe lines, other utilities or other
                           improvements do not lie within their respective
                           limits. If no such documents satisfy the foregoing,
                           Purchaser will accept "no forced removal" coverage
                           from Chicago Title in satisfaction of this subsection
                           in form reasonably acceptable to Purchaser.

                                      -47-
<PAGE>

         6.13     TITLE TO OWNED REAL PROPERTY.

         (a)      The Company shall have delivered to Purchaser evidence
satisfactory to Purchaser that good, insurable and marketable fee simple title
to all Owned Real Property previously transferred under the FILOT Program has
been transferred from the County of Richland, South Carolina to the Company
prior to the Closing Date.

         (b)      Prior to the Closing Date, Purchaser shall have examined the
title and, at Purchaser's option, the survey to each parcel of Owned Real
Property and notified SCT in writing in reasonable detail at least five (5)
Business Days prior to the Closing Date (the "Title Objection Notice") of any
reasonable objections to, defects in or encumbrances upon the Company's title to
such Owned Real Property, other than Permitted Liens (collectively, the
"Permitted Title Objections"). SCT shall satisfy those Permitted Title
Objections set forth in the Title Objection Notice at or prior to the Closing
Date. It shall be deemed reasonable for Purchaser to object to, and to require
the removal of, the exceptions set forth as Items 1, 4 and 5 appearing under the
heading "Exceptions" (as distinguished from the heading "Special Exceptions") on
Schedule B-Section 2 to the Chicago Title Commitment. If Purchaser delivers the
ALTA As-Built Survey of the Owned Real Property in accordance with and within
the period of time required by the next subparagraph of this Section 6.13(b), it
shall be deemed reasonable for Purchaser to object to, and to require the
removal of, the exceptions set forth as Items 2, 3 and 6 appearing under the
heading "Exceptions" (as distinguished from the heading "Special Exceptions") on
Schedule B-Section 2 to the Chicago Title Commitment; however, the parties
acknowledge (a) Chicago Title nonetheless may, after receipt and review of the
ALTA As-Built Survey of the Owned Real Property, revise any or all of Items 3
through 19 shown as "Special Exceptions" on Schedule B-Section 2 to the Chicago
Title Commitment to note (to the extent applicable) additional items disclosed
by the ALTA As-Built Survey (the "Additional Items"); and (b) it shall be
unreasonable for Purchaser to object to any Additional Items so long as such
Additional Items do not violate the second succeeding sentence of this Section
6.13(b); but (c) Purchaser may object in writing to any such Additional Items if
such Additional Items violate the second succeeding sentence of this Section
6.13(b) which notice shall be deemed to be part of the Title Objection Notice
and which objections shall be deemed to be Permitted Title Objections if Pepper
Hamilton LLP, real estate counsel for the Company, shall have received a copy of
the revised Title Commitment including such Additional Items within two (2)
Business Days after delivery of the same to Purchaser from its registered land
surveyor and in no event less than two (2) Business Days prior to the Closing
Date. It shall be deemed unreasonable for Purchaser to object to any Permitted
Lien. It shall be deemed unreasonable for Purchaser to raise objections to title
or survey matters, conditions, easements and reservations of rights, including
easements and reservations of, or rights of others for, rights of way, sewers,
electric lines, telegraph and telephone line and other similar purposes,
encroachments, covenants and restrictions, which singly or in the aggregate, do
not materially diminish the fair market value of the Owned Real Property or the
ability of the Company to continue to use the Owned Real Property and all
improvements thereon and appurtenances related thereto for the use thereof
established as of the date of this Agreement. It shall be deemed unreasonable
for

                                      -48-
<PAGE>
Purchaser to object to, or require removal of, Item 1 or 2 shown as "Special
Exceptions" on Schedule B-Section 2 to the Chicago Title Commitment. Any title
matter with respect to the Owned Real Estate to which Purchaser unreasonably
objects, as set forth in the preceding three sentences of this Section 6.13(b),
shall be deemed a Permitted Lien as if set forth in the definition of such term
in Section 1.1 of this Agreement. Any Permitted Title Objection that is not set
forth in the Title Objection Notice shall be deemed to be a Permitted Lien as if
set forth in the definition of such term in Section 1.1 of this Agreement. If
Closing occurs, Purchaser shall be deemed to have waived any Permitted Title
Objections and any right to object to any title matters with respect to the
Owned Real Property.

         As a condition precedent to the obligations of the Company as set forth
in this Section 6.13(b), Pepper Hamilton LLP, real estate counsel for the
Company, shall have received from Purchaser the ATLA As-Built Survey of the
Owned Real Property within five (5) Business Days after delivery of the same to
Purchaser from its registered land surveyor and in no event less than five (5)
Business Days prior to the Closing Date.

         (c)      Chicago Title Insurance Company shall be in a position to
issue, on the Closing Date, upon the sole condition of the payment of an amount
no greater than its regularly scheduled premium and regularly scheduled
endorsement cost, its standard ALTA extended coverage form owner's policy of
title insurance, insuring in the amount of the fair market value of the Owned
Real Property that title to the Owned Real Property is vested of record in the
Company on the Closing Date, subject only to the Permitted Liens (the
"Purchaser's Title Policy"). The Purchaser's Title Policy shall include the
Requested Endorsements

         6.14     TRANSITION SERVICES AGREEMENT. SCT will have entered into a
transition services agreement to provide certain services to the Company on
terms mutually acceptable to the Parties (the "Transition Services Agreement").

         6.15     SUBLEASE. SCT Canada and the Company, or a subsidiary of
Purchaser, will have entered into a Sublease Agreement (the "Canada Sublease")
on terms mutually acceptable to SCT Canada and Purchaser providing for the
Company to sublease the Business' current location in Toronto, Ontario, Canada.

         6.16     LENDER CONSENT AND RELEASE OF GUARANTEE. SCT will have
obtained any Consent required under that certain Credit Agreement dated as of
June 20, 1994 from Mellon Bank, N.A. to the transactions contemplated herein,
and shall have provided evidence of such Consent to Purchaser. In addition, SCT
will have obtained the absolute and unconditional release of the Company under
that certain Subsidiary Guaranty Agreement dated as of June 20, 1994 between the
Company and Mellon Bank, N.A. in form and substance satisfactory to Purchaser
and its counsel.

         6.17     LICENSE. The Sellers shall have entered into a license
agreement pursuant to which the Sellers will license certain rights to the
Company, including those rights set

                                      -49-
<PAGE>

forth on Schedules 5.17(b.1) and 5.17(b.2), on the terms set forth in Section
5.17(b) and other terms mutually acceptable to the Parties (the "License
Agreement").

         6.18     OFFICERS' CERTIFICATE. Purchaser shall have received a
certificate dated as of the Closing Date and signed by each of the Sellers to
the effect that the conditions specified in this Section 6 have been fulfilled.

         7.       CONDITIONS PRECEDENT TO SELLERS' OBLIGATION TO CLOSE.

         The obligation of the Sellers to take the actions required to be taken
by the Sellers at the Closing to consummate the transactions contemplated by
this Agreement is subject to the satisfaction, at or prior to the Closing, of
each of the following conditions (any of which may be waived by the Sellers, in
whole or in part):

         7.1      ACCURACY OF REPRESENTATIONS. For purposes of this Section 7.1,
the accuracy of the representations and warranties of Purchaser set forth in
this Agreement shall be assessed as of the date of this Agreement and as of the
Closing Date with the same effect as though all such representations and
warranties had been made on and as of the Closing Date (provided that
representations and warranties which are made as of a specified date shall speak
only as of such date). There shall not exist inaccuracies in the representations
and warranties of Purchaser set forth in this Agreement such that the aggregate
effect of such inaccuracies has, or is reasonably likely to have, a Purchaser
Material Adverse Effect; provided that, for purposes of this sentence only,
those representations and warranties which are qualified by references to
"material" or "Purchaser Material Adverse Effect" shall be deemed not to include
such qualifications.

         7.2      PURCHASER'S PERFORMANCE. All of the covenants and obligations
that Purchaser is required to perform or to comply with pursuant to this
Agreement at or prior to the Closing shall have been duly performed and complied
with in all material respects.

         7.3      NO ORDERS. No Order shall have been entered and be in effect
by any Regulatory Authority, and no Law shall have been promulgated or enacted
and be in effect, that prohibits, enjoins or invalidates the transactions
contemplated by this Agreement.

         7.4      NO SUITS. No suit or other proceeding shall be pending or
threatened by any Third Party before any Regulatory Authority seeking to
restrain or prohibit or declare illegal, or seeking damages in connection with,
the transactions contemplated by this Agreement.

         7.5      SCT NOTE. Purchaser shall have executed a promissory note in
favor of SCT Financial in the aggregate principal amount of $10,000,000 in the
form of Exhibit C hereto (the "SCT Note"), the Company shall have executed a
guaranty of the SCT Note in the form attached to Exhibit D (the "SCT Guaranty")
hereto and a related First Mortgage, Security Agreement and Fixture Filing in
the form of Exhibit E hereto (the

                                      -50-
<PAGE>
"SCT Mortgage") and Seller shall be permitted to file at Closing UCC Financing
Statements in the real property records of Richland County, South Carolina and
with the Delaware Secretary of State perfecting SCT Financial's security
interest in the fixtures and personal property which are pledged pursuant to the
SCT Mortgage. Further, Chicago Title Insurance Company, at no cost to the
Sellers, shall be committed to issue to SCT Financial, upon recordation of the
SCT Mortgage, an ALTA Form B mortgagee's title insurance policy naming SCT
Financial as the insured, in an amount not less than $10,000,000 assuring SCT
Financial, as lender, that it has a valid first and prior lien on (or security
title to) the Owned Real Property subject only to such exceptions to and
conditions of title as are contained in the Purchaser's Title Policy plus any
standard or typical exceptions which must appear in a lender's form title policy
that do not appear in an owner's form title policy and including the Requested
Endorsements (to the extent available on a lender's title policy and to the
extent there is no additional cost associated therewith, other than a minimal
charge for simultaneous issue treatment).

         7.6      SECRETARY'S CERTIFICATE. Purchaser shall have provided the
Sellers an executed Secretary's Certificate in the form of Exhibit F hereto.

         7.7      OFFICERS' CERTIFICATE. The Sellers shall have received a
certificate dated as of the Closing Date and signed by Purchaser to the effect
that the conditions specified in this Section 7 have been fulfilled.

         7.8      LENDER CONSENT AND RELEASE OF GUARANTEE. SCT shall have
obtained any Consent required under that certain Credit Agreement dated as of
June 20, 1994 from Mellon Bank, N.A. to the transactions contemplated herein,
and shall have provided evidence of such Consent to Purchaser. SCT also shall
have obtained the absolute and unconditional release of the Company under that
certain Subsidiary Guaranty Agreement dated as of June 20, 1994 between the
Company and Mellon Bank, N.A. in form and substance satisfactory to Purchaser
and its counsel.

8.       ADDITIONAL POST-CLOSING COVENANTS.

         8.1      NONCOMPETITION AND NONSOLICITATION COVENANTS. Each of the
Sellers agrees that neither it, nor any of its Affiliates, for a period of five
(5) years commencing on the Closing Date, will, within the Territory, either
directly or indirectly, own, manage, operate, control or participate in the
ownership, management, operation or control of, any business, whether in
corporate, proprietorship or partnership form or otherwise where such business
is engaged in a business that is the same or substantially similar to the
Business. As used herein, the term "Territory" means all of the geographic areas
where, at any time during the two (2) years immediately preceding the Closing
Date, the Business was conducted.

         Each of the Sellers also agrees that neither it, nor any of its
Affiliates, for a period of two (2) years commencing on the Closing Date, will,
directly or indirectly, individually or in concert with any other person or
business, whether in corporate, proprietorship or partnership form or otherwise
recruit, induce or attempt to recruit or

                                      -51-
<PAGE>
induce any Hired Employee or any employee of Purchaser (or any of its
subsidiaries) to leave the employ of the Company or Purchaser (or any of its
subsidiaries) or violate any agreement with the Company or Purchaser (or any of
its subsidiaries). Purchaser hereby agrees and acknowledges that the following
activities shall not constitute a violation of this Section 8.1: (a) a general
solicitation of potential employees through, and hiring of Persons as a result
of, the use of newspaper advertisements or other publicly available, general
communications, (b) communication with, and recruitment and hiring of, Persons
who were terminated by the Company, the Purchaser or an Affiliate thereof after
the Closing Date, or (c) unsolicited communication with, recruitment of or the
hiring of Persons who approach a Seller or an Affiliate thereof, without direct
or indirect inducement by such Seller, prior to any communication by such Seller
or any Affiliate with regard to employment.

         The Parties hereto specifically acknowledge and agree that the remedy
at law for any breach of this covenant will be inadequate and that Purchaser, in
addition to any other relief available to it, shall be entitled to temporary and
permanent injunctive relief without the necessity of proving actual damage or
posting a bond. The Parties further acknowledge and agree that (i) the foregoing
covenants and agreements in this Section 8.1 are made and given in connection
with the sale of all of SCT Financial's interest in the Company and the Sellers'
interest in the Business; (ii) SCT Financial and the Sellers, through the
Company, have transacted its Business in and throughout the Territory; and (iii)
the remedy at law for any breach of the foregoing covenants will be inadequate.
In the event that the provisions of this Section 8.1 should ever be deemed to
exceed a limitation provided by applicable law, then the Parties agree that such
provisions shall be reformed to set forth the maximum limitations permitted. The
Parties further agree that, in the event Purchaser files a lawsuit to enforce
its rights under the provisions of Section 8.1 hereof, the court or arbitrator
shall award reasonable attorney's fees and costs to the prevailing party.

         8.2      CONFIDENTIALITY. During the five (5) year period following the
Closing Date, the Company and the Sellers, on the one hand, and Purchaser, on
the other, shall, and shall cause its advisers and agents to, maintain the
confidentiality of all non-public information furnished to it by the other
concerning its and its Affiliates' businesses, operations and financial
positions pursuant to the terms of the Non-Disclosure Agreement between SCT and
the Purchaser dated December 11, 2002 and shall not use such information for any
purpose except in furtherance of the transactions contemplated by this
Agreement. If this Agreement is terminated prior to the Closing Date, each Party
shall promptly return all documents and copies thereof, and all work papers
containing confidential information received from the other. After consummation
of the transactions contemplated by this Agreement, the Sellers will maintain
the confidentiality of all non-public information about the Company except to
the extent (i) such information is or becomes generally available to the public
other than as a result of an unauthorized disclosure by Sellers, (ii) such
information is independently developed by Sellers, or (iii) such disclosure is
required by law, and in the case of subsection (iii), the Sellers shall give
Purchaser prompt notice of such disclosure.

                                      -52-
<PAGE>

         8.3      ACCOUNTS RECEIVABLE COVENANTS.

         (a)      Notwithstanding the Sellers' indemnification obligations under
Section 10.1 of this Agreement with respect to breaches of the representation
and warranties contained in Section 3.8, Purchaser hereby agrees to pay to SCT,
within sixteen (16) months after the Closing Date, an amount equal to the
excess, if any, of (i) $1,223,000 over (ii) the amount that the Purchaser, the
Company and their Affiliates have not been able to collect, during the fifteen
(15) months after the Closing Date, with respect to the Accounts Receivable
appearing on the Closing Balance Sheet; provided that in no event shall
Purchaser be required to make a payment to SCT pursuant to this Section 8.3 in
excess of $200,000.

         (b)      To the extent the Sellers have paid Purchaser any amount as a
result of their indemnification obligations under Section 10.1 with respect to
breaches of the representation and warranties contained in Section 3.8 relating
to the collection of Accounts Receivable, and Purchaser, the Company or their
Affiliates subsequent to the receipt of such payment and prior to fifteen (15)
months after the Closing Date, receive additional amounts from a customer in
payment of Accounts Receivable appearing on the Closing Balance Sheet (such that
Purchaser would not have been entitled to receive all or some portion of the
indemnification payment from the Sellers relating to the failure to collect the
Accounts Receivable had it, the Company or their Affiliates received the
customer payment prior to 9 months after the Closing Date), then Purchaser will
pay to SCT the relevant amount of the customer payment. Such payment shall be
made with 30 days after the receipt of such customer payment by Purchaser, the
Company or their Affiliates.

         (c)      For a period of fifteen (15) months after the Closing Date,
the Purchaser, the Company and their Affiliates shall (i) use their commercially
reasonable efforts to collect the Accounts Receivable on the Closing Balance
Sheet, and (ii) not write-off or compromise any, or any portion, of such
Accounts Receivable except in accordance with past practices; provided that no
such write-off or compromise shall be made in exchange for the receipt of
additional business from the applicable customer.

9.       TERMINATION.

         9.1      TERMINATION RIGHTS. This Agreement may be terminated at any
time prior to the consummation of the Closing on the Closing Date:

         (a)      upon the mutual written Consent of Purchaser and SCT, on
behalf of the Sellers; or

         (b)      By the Purchaser or SCT, on behalf of the Sellers, (provided
that the terminating Party is not then in breach of any representation,
warranty, covenant, or other agreement contained in this Agreement) in the event
of a breach by the other Party of any representation or warranty contained in
this Agreement which cannot be or has not been cured within 30 days after the
giving of written notice to the breaching Party of such

                                      -53-
<PAGE>
breach and which breach would have, individually or in the aggregate, a Company
Material Adverse Effect or a Purchaser Material Adverse Effect, as applicable;
or

         (c)      By the Purchaser or SCT, on behalf of the Sellers, (provided
that the terminating Party is not then in material breach of any representation,
warranty, covenant, or other agreement contained in this Agreement) in the event
of a material breach by the other Party of any covenant or agreement contained
in this Agreement which cannot be or has not been cured within 30 days after the
giving of written notice to the breaching Party of such breach; or

         (d)      By the Purchaser or SCT, on behalf of the Sellers, in the
event (a) any Consent of any Regulatory Authority required for consummation of
the transactions contemplated hereby shall have been denied by final
nonappealable action of such authority; or (b) any Order shall have been entered
and be in effect by any Regulatory Authority, or any Law shall have been
promulgated or enacted and be in effect, that prohibits, enjoins or invalidates
the transactions contemplated hereby; or

         (e) By either Party in the event that the Closing shall not have been
consummated by March 14, 2003, if the failure to consummate the transactions
contemplated hereby on or before such date is not caused by any breach of this
Agreement by the Party electing to terminate pursuant to this Section 9.1(e).

         9.2      EFFECT OF TERMINATION. In the event of the termination and
abandonment of this Agreement pursuant to Section 9.1, this Agreement shall
become void and have no effect, except that (i) the provisions of this Section
9.2, Section 8.2 and Section 11 shall survive any such termination and
abandonment, (ii) a termination pursuant to Sections 9.1(b) and 9.1(c) shall not
relieve the breaching Party from Liability for an uncured willful breach of a
representation, warranty, covenant, or agreement giving rise to such
termination, and (iii) a termination pursuant to Section 9.1(e) shall not
relieve either Party which is then in breach from Liability for such breach.

10.      INDEMNIFICATION.

         10.1     OBLIGATION OF SELLERS TO INDEMNIFY. (a) Regardless of any
investigation at any time made by or on behalf of Purchaser or of any knowledge
or information that Purchaser may have and subject to the limitations set forth
in this Section 10, Sellers, jointly and severally, agree to indemnify Purchaser
and hold Purchaser harmless from and against all Losses asserted against,
imposed upon or incurred by Purchaser or the Company resulting from, arising out
of, or based upon any of the following:

                  (i)      any breach of or inaccuracy in any representation or
         warranty of Sellers contained in this Agreement or any Transaction
         Document;

                  (ii)     any breach of any covenant or agreement made or to be
         performed by Seller pursuant to this Agreement or any Transaction
         Document;

                                      -54-
<PAGE>

                 (iii)    any matter relating to the claim brought by KPMG
         Consulting, Inc. against the Company in the circuit court of the
         eleventh judicial circuit, case number 02-14170 CA10, or the Contract
         underlying such claim as it relates to Miami-Dade County; and any
         matter relating to the claim brought by Allegheny County Sanitary
         Authority against Deloitte & Touche LLP and Deloitte Consulting LLC in
         the court of common pleas of Allegheny county, Pennsylvania, case
         number 00-8729 (the "ALCOSAN Complaint") or any claim against the
         Company arising from the facts and circumstances asserted in the
         ALCOSAN Complaint;

                  (iv)     any Excluded Liability; and

                  (v)      the costs to Purchaser of enforcing this indemnity
         against the Sellers, including, without limitation, all costs, fees and
         expenses of investigation, prosecution, defense and the fees and
         expenses of attorneys and other advisers.

         (b)      In addition to the indemnification provided in Section
10.1(a), Sellers, jointly and severally, agree to indemnify Purchaser and hold
Purchaser harmless from and against any and all Taxes (i) imposed on or incurred
by the Company for any taxable year or taxable period ending on or prior to the
close of business on the Closing Date (including any short periods up to and
including the close of the Closing Date and in the case of a year beginning
before the Closing Date and ending after the Closing Date ("Straddle Period"),
the Taxes attributable to portion of the Straddle Period ending on and including
the Closing Date) including any income taxes incurred by any Seller solely as a
result of any Section 338(h)(10) Election made pursuant to Section 5.11(a)(ii)
of this Agreement (determined on a "closing of the books basis" by assuming that
the books of the Company were closed at the close of the Closing Date; provided,
however that real and personal property taxes shall be calculated on an annual
basis, and apportioned on a daily basis); or (ii) imposed on or incurred by the
Company, Purchaser or any Affiliates of Purchaser resulting solely from the
Company having been included in any consolidated, combined or unitary Tax Return
for any Taxable period (or portion thereof) ending on or before the Closing Date
pursuant to Treasury Regulation Section 1.1502-6(a) or any analogous or similar
state, local or foreign law or regulations, or as a successor or transferee, by
Contract or otherwise.

         10.2     OBLIGATION OF PURCHASER TO INDEMNIFY. (a) Regardless of any
investigation at any time made by or on behalf of Sellers or of any knowledge or
information that Sellers may have and subject to the limitations contained in
this Section 10, Purchaser agrees to indemnify and hold the Sellers harmless
from and against all Losses asserted against, imposed upon or incurred by the
Sellers resulting from, arising out of or based upon any of the following:

                  (i)      any breach of or inaccuracy in any representation or
         warranty of Purchaser contained in this Agreement or any Transaction
         Document;

                                      -55-
<PAGE>

                  (ii)     any breach of any covenant or agreement made or to be
         performed by Purchaser pursuant to this Agreement or any Transaction
         Document;

                  (iii)    any Assumed Liability;

                  (iv)     any obligations relating to or arising under the WARN
         Act or similar state or local Law, in connection with the transactions
         contemplated under this Agreement to the extent such obligations relate
         to employees of Company on the Closing Date to whom Purchaser does not
         offer employment;

                  (v)      except as otherwise specifically contemplated in this
         Agreement, the operation of the Business or any part thereof by the
         Purchaser from and after Closing; and

                  (vi)     the costs to the Sellers of enforcing this indemnity
         against Purchaser, including, without limitation, all costs, fees and
         expenses of investigation, prosecution, defense and the fees and
         expenses of attorneys and other advisers.

For the avoidance of doubt, notwithstanding the foregoing, Purchaser shall not
be required to indemnify and hold harmless the Sellers for any Losses asserted
against, imposed upon or incurred by the Sellers resulting from, arising out of
or based upon an indemnification claim made by Purchaser under this Section 10
for breaches of representations and warranties relating to a Purchased Asset or
an Assumed Liability.

         10.3     PROCEDURES FOR INDEMNIFICATION.

         (a)      An Indemnification Claim shall be made by the Indemnitee by
delivery of a written declaration to the Indemnitor requesting indemnification
and specifying the basis on which indemnification is sought and the amount of
asserted Losses and, in the case of a Third Party Claim, containing (by
attachment or otherwise) such other information as the Indemnitee shall have
concerning such Third Party Claim.

         (b)      If the Indemnification Claim involves a Third Party Claim, the
procedures set forth in Section 10.4 hereof shall be observed by the Indemnitee
and the Indemnitor.

         (c)      If the Indemnification Claim involves a matter other than a
Third Party Claim, the Indemnitor shall have thirty (30) Business Days to object
to such Indemnification Claim by delivery of a written notice of such objection
to the Indemnitee specifying in reasonable detail the basis for such objection.
Failure to timely so object shall constitute a final and binding acceptance of
the Indemnification Claim by the Indemnitor and the Indemnification Claim shall
be paid in accordance with Section 10.6(c) hereof. If an objection is timely
interposed by the Indemnitor, then the Indemnitee and the Indemnitor shall
negotiate in good faith for a period of sixty (60) Business Days from the date
(such period is hereinafter referred to as the "Negotiation Period") the
Indemnitee receives such objection.

                                      -56-
<PAGE>
         10.4     DEFENSE OF THIRD PARTY CLAIMS.

         (a)      In the event of a Third Party Claim, the Indemnitor shall have
thirty (30) days (or such lesser time as may be necessary to comply with
statutory response requirements for litigation claims that are included in such
Third Party Claims) from receipt of the Indemnification Claim (the "Notice
Period") to notify the Indemnitee, (i) whether or not the Indemnitor disputes
its liability to the Indemnitee with respect to such claim, and (ii)
notwithstanding any such dispute, whether or not the Indemnitor will, at its
sole cost and expense, defend the Indemnitee against such claim.

         (b)      In the event that the Indemnitor notifies the Indemnitee
within the Notice Period that it will defend the Indemnitee against such claim
then, except as hereinafter provided, the Indemnitor shall have the right to
defend the Indemnitee by appropriate proceedings, which proceedings shall be
promptly settled or prosecuted by the Indemnitor to a final conclusion in such a
manner as to minimize the risk of the Indemnitee becoming subject to Liability
for any other significant matter. If the Indemnitee desires to participate in,
but not control, any such defense or settlement, it may do so at its sole cost
and expense. If the Indemnitor does not assume the defense of such claim with
counsel reasonably satisfactory to the Indemnitee within fifteen (15) days from
receipt of notice of a claim by the Indemnitee, or (i) legal counsel for the
Indemnitee reasonably believes that there are or may be legal defenses available
to the Indemnitee which are different from or additional to those available to
the Indemnitor, or (ii) the Indemnitor shall assume the defense of the claim
and, in the reasonable opinion of the Indemnitee, fail to diligently prosecute
such defense, the Indemnitee shall have the right to control the defense or
settlement of any such claim or demand and its reasonable costs and expenses
shall be included as part of the indemnification obligation of the Indemnitor.
If in the reasonable opinion of the Indemnitee (x) any such claim or the
litigation or resolution of any such claim involves an issue or matter that is
reasonably likely to have a material adverse effect on the Indemnitee, including
the administration of the Tax Returns of the Indemnitee or a dispute with a
significant customer or supplier of the Business, or (y) the claim or litigation
involves the potential award of equitable relief against the Indemnitee, the
Indemnitee shall have the right to control the defense or settlement of any such
claim or demand at its own cost and expense with counsel reasonably satisfactory
to the Indemnitor. If the Indemnitee should elect to exercise the right to
assume control, the Indemnitor shall have the right to participate in, but not
control, the defense or settlement of such claim at its sole cost and expense.

         (c)      Except where the Indemnitor disputes its liability in a timely
manner under this Section 10.4, to the extent that the Indemnitee suffers actual
prejudice, the Indemnitor shall be conclusively liable for the amount of any
Loss resulting from such claim or defense.

         (d)      The Indemnitee and the Indemnitor shall cooperate with each
other in all reasonable respects in connection with the defense of any Third
Party Claim, including making available records relating to such claim and
furnishing, without expense to the

                                      -57-
<PAGE>

Indemnitor, management employees of the Indemnitee as may be reasonably
necessary for the preparation of the defense of any such claim or for testimony
as witness in any proceeding relating to such claim.

         10.5     SETTLEMENT OF THIRD PARTY CLAIMS.

         With respect to a Third Party Claim involving the asserted Liability of
the Indemnitee under this Section 10, the Indemnitor shall not, without the
prior written consent of Indemnitee (which consent shall not be unreasonably
withheld), in the defense of such Third Party Claim or any Litigation resulting
therefrom, (i) consent to entry of any judgment (other than a judgment of
dismissal on the merits without costs), or (ii) enter into any settlement that
does not include as an unconditional term thereof the giving by the claimant or
plaintiff to the Indemnitee a release from all Liability in respect of such
claim or Litigation and that provides for any relief other than monetary damages
that are paid in full by the Indemnitee. If the Indemnitee has exercised its
right to control the defense or settlement of any claim or demand pursuant to
Section 10.4(b), the Indemnitee shall not, without the prior written consent of
Indemnitor (which consent shall not be unreasonably withheld), (x) consent to
entry of any judgment (other than a judgment of dismissal on the merits without
costs) or (y) enter into any settlement that does not include as an
unconditional term thereof the giving by the claimant or plaintiff and the
Indemnitee to the Indemnitor a release from all Liability (including the
obligation to make any payments) in respect of such claim or Litigation. Consent
shall be presumed in the case of settlements of $10,000 or less where the
Indemnitee or the Indemnitor, as applicable, has not responded within twenty
(20) Business Days of written notice of a proposed settlement.

         10.6     LIMITATIONS ON INDEMNIFICATION; PROCEDURES.

         (a)      Other than the representations and warranties of Sellers set
forth in Sections 3.2(a), 3.3(a), 3.9, 3.11(a)(ii), 3.12 (solely with respect to
title to the Assets), 3.15 and 3.19 and the indemnification obligations of the
Sellers under Sections 10.1(a)(ii), (a)(iii) and (a)(iv) and 10.1(b) as well as
the representations and warranties of the Purchaser set forth in Section 4.2(a)
and the indemnification obligations of Purchaser under Sections 10.2(a)(ii),
(a)(iii), (a)(iv) and 10.2(a)(v), as well as any indemnification obligations
pursuant to Sections 10.1(a)(v) or 10.2(a)(vi) with respect to the foregoing,
the indemnification rights of the Parties hereto are subject to the condition
that the Purchaser or Seller, as the case may be, shall have received written
notice of the Losses for which indemnity is sought within fifteen (15) months
after the Closing Date. The indemnification rights of Purchaser for Losses
resulting from the breach of any representations and warranties of the Sellers
set forth in Sections 3.2(a), 3.3(a), 3.9, 3.11(a)(ii), 3.12 (solely with
respect to title to the Assets), 3.15 and 3.19 and the indemnification
obligations of the Sellers under Sections 10.1(a)(ii), (a)(iii) and (a)(iv) and
10.1(b), as well as any indemnification obligations pursuant to Section
10.1(a)(v) with respect to the foregoing, are subject to the condition that (i)
in the case of Third Party Claim, the underlying Third Party Claim giving rise
to indemnification rights was filed within the applicable statute of limitations
and (ii) the Indemnitor shall have

                                      -58
<PAGE>
received written notice of the Loss for which indemnity is sought prior to sixty
(60) days following the expiration of the applicable statute of limitations of
claims that would give rise to indemnification rights under Section 10.1. The
indemnification rights of the Sellers for Losses resulting from the breach of
any representations and warranties of Purchasers set forth in Section 4.2(a),
and the indemnification obligations of the Purchaser under Sections 10.2(a)(ii),
(a)(iii), (a)(iv) and (a)(v), as well as any indemnification obligations
pursuant to Section 10.2(a)(vi) with respect thereto, is subject to the
condition that the Indemnitor shall have received written notice of the Loss for
which indemnity is sought prior to the expiration of the applicable statute of
limitations of claims that would give rise to indemnification rights under
Section 10.2. With respect to notice to be provided pursuant to this Section
10.6(a), (i) the Indemnitee shall provide such written notice to the Indemnitor
as soon as practicable after Indemnitee becomes aware of the underlying claim,
and (ii) the Indemnitee shall not be entitled to indemnification pursuant to
this Agreement, to the extent that the Indemnitor suffers actual prejudice due
to any delay between the time the Indemnitee becomes aware of the underlying
claim giving rise to rights of indemnification hereunder and the provision of
written notice to the Indemnitor with respect to the same, but only to the
extent of such prejudice.

         (b)      Except as provided below, an Indemnitor shall not be required
to make any indemnification payment under this Agreement with respect to a Loss
except to the extent the amount of such Loss, when aggregated with all other
Losses, exceeds $400,000 (the "Threshold"), and then for the amount of only
those Losses which exceed the Threshold. Except as provided below, an Indemnitor
shall not be required to make indemnification payments hereunder in the
aggregate exceeding $12,000,000 (the "Maximum Amount"). Notwithstanding the
foregoing, (i) with respect to claims relating to breach of the representations
and warranties set forth in Sections 3.2(a), 3.3(a) and 4.2(a), the
indemnification obligations of the Sellers under Sections 10.1(a)(ii),
10.1(a)(iii), 10.1(a)(iv) and 10.1(b) and the indemnification obligations of the
Purchaser under Sections 10.2(a)(ii), 10.2(a)(iii), 10.2(a)(iv) and 10.2(a)(v),
the Threshold shall not apply and the Indemnitor shall be responsible for all
Losses of the Indemnitee arising thereunder subject to the Maximum Amount or the
Purchase Price Cap, if applicable; (ii) with respect to claims relating to
breach of the representations and warranties set forth in Sections 3.2(a),
3.3(a), 3.9, 3.11(a)(ii), 3.12 (solely with respect to title to the Assets),
3.15 and 3.19 and Section 4.2(a), the indemnification obligations of the Sellers
under Sections 10.1(a)(ii) and 10.1(b) and the indemnification obligations of
Purchaser under Section 10.2(a)(ii), the Maximum Amount shall not apply and an
Indemnitor shall not be required to make indemnification payments under this
Agreement in the aggregate exceeding the Purchase Price (the "Purchase Price
Cap"); and(iii) with respect to claims relating to indemnification obligations
of the Parties under Sections 10.1(a)(iii), 10.1(a)(iv), 10.2(a)(iii),
10.2(a)(iv) and 10.2(a)(v) neither the Maximum Amount nor the Purchase Price Cap
shall apply.

         (c)      Upon determination of an Indemnification Claim that is binding
on the Sellers, the amount of such binding Indemnification Claim shall be paid
by wire transfer of immediately available funds from Seller to Purchaser within
ten (10) days of the date

                                      -59-
<PAGE>
such amount is determined. Upon determination of an Indemnification Claim that
is binding upon the Purchaser, the amount of such binding Indemnification Claim
shall be paid by wire transfer of immediately available funds from Purchaser to
SCT within ten (10) days of the date such amount is determined.

         10.7     CERTAIN REDUCTIONS; SUBROGATION RIGHTS. All indemnification
payments payable hereunder shall be reduced by the amount of insurance proceeds
received by or any Tax benefit inuring to the benefit of, the Indemnitee as a
result of the Loss for which the Indemnitee is seeking indemnification. In the
event that the Indemnitor shall be obligated to indemnify the Indemnitee
pursuant to this Section 10, the Indemnitor shall, upon payment of such
indemnity in full, be subrogated to all rights of the Indemnitee with respect to
the Loss to which such indemnification relates; provided, however, that the
Indemnitor shall only be subrogated to the extent of any amount paid by it
pursuant to this Section 10 in connection with such Loss.

         10.8     EFFECT OF INDEMNIFICATION. Any indemnity payment made
hereunder shall be treated by Seller and Purchaser as an adjustment to the
Purchase Price.

         10.9     EXCLUSIVE REMEDY. A Party's exclusive remedy for Losses
arising out of any breach of any representation, warranty, agreement or covenant
of another Party contained herein, or any other claim arising out of, relating
to or in connection with the transactions contemplated in this Agreement, shall
be indemnification pursuant to this Section 10, except in cases of actual fraud,
and except for any rights and remedies provided in the SCT Note, SCT Mortgage,
the SCT Guaranty, the License Agreement and the Transition Services Agreement.

11.      GENERAL PROVISIONS.

         11.1     EXPENSES. Except as otherwise expressly provided in this
Agreement, each party to this Agreement will bear its respective expenses
incurred in connection with the preparation, negotiation, execution, and
performance of this Agreement and the Transaction Documents, including all fees
and expenses of agents, Representatives, counsel, and accountants.

         11.2     NOTICES. All notices, consents, waivers, and other
communications under this Agreement must be in writing and will be deemed to
have been duly given when (a) delivered by hand (with written confirmation of
receipt) or by facsimile transmission (with confirmation received by the
sender), (b) two days after deposited in the mails, if sent via certified mail,
with return receipt requested, or (c) when received by the addressee, if sent by
a nationally recognized overnight delivery service (signature required), in each
case to the appropriate addresses set forth below (or to such other addresses as
a party may designate by notice to the other Parties):

                                      -60-
<PAGE>

         If to the Sellers:         Systems & Computer Technology Corporation
                                    4 Country View Road
                                    Malvern, PA 19355-1408
                                    Attention:  Richard A. Blumenthal
                                    Executive Vice President and General Counsel
                                    Telephone:  (610) 578-5263
                                    Facsimile:  (610) 578-7457

         with a copy to:            Pepper Hamilton LLP
                                    3000 Two Logan Square
                                    Eighteenth and Arch Streets
                                    Philadelphia, PA 19103-2799
                                    Attention:  Barry M. Abelson
                                    Telephone:  (215) 981-4000
                                    Facsimile:  (215) 981-4750

         If to Purchaser:           Indus International, Inc.
                                    3301 Windy Ridge Parkway
                                    Atlanta, GA 30339
                                    Attention:  Adam V. Battani
                                    Telephone:  (770) 989-4061
                                    Facsimile:  (770) 989-4488

         with a copy to:            Alston & Bird LLP
                                    One Atlantic Center
                                    1201 West Peachtree Street
                                    Atlanta, GA 30309-3424
                                    Attention:  W. Scott Ortwein
                                    Telephone:  (404) 881-7936
                                    Facsimile:  (404) 253-8376

         11.3     JURISDICTION; SERVICE OF PROCESS. Any suit, action or other
Proceeding seeking to enforce any provision of, or based upon any right arising
out of, in connection with, or in any way relating to, this Agreement shall be
brought only in the Chancery Court of the State of Delaware. Each party hereby
irrevocably consents and submits to the jurisdiction and venue of such courts
and irrevocably waives any objection which it may now or hereafter have to the
laying of the venue of any suit, action or Proceeding brought in such courts and
any claim that such suit, action or Proceeding brought in such courts has been
brought in an inconvenient forum.

         11.5     WAIVER. Except as expressly provided herein, the rights and
remedies of the Parties to this Agreement are cumulative and not alternative.
Neither the failure nor any delay by any party in exercising any right, power,
or privilege under this Agreement or the documents referred to in this Agreement
will operate as a waiver of such right, power, or privilege, and no single or
partial exercise of any such right, power, or

                                      -61-
<PAGE>
privilege will preclude any other or further exercise of such right, power, or
privilege or the exercise of any other right, power, or privilege.

         11.6     ENTIRE AGREEMENT AND MODIFICATION; SCHEDULES. This Agreement,
together with all exhibits and schedules hereto, supersedes all prior agreements
between the Parties with respect to its subject matter and constitutes, together
with the Transaction Documents, a complete and exclusive statement of the terms
of the agreement between the Parties with respect to its and their subject
matter. This Agreement may not be amended except by a written agreement executed
by the Parties. To the extent there is a conflict between information provided
in a schedule and information provided in the section or paragraph to which that
schedule relates, the information disclosed in the schedule governs. The
disclosure of information in the schedules to this Agreement shall not imply
that the disclosed information is or could reasonably be expected to be material
in the context of the section or paragraph to which it relates or any other
section or paragraph of, or for any other purpose under, this Agreement.

         11.7     ASSIGNMENTS, SUCCESSORS, AND NO THIRD-PARTY RIGHTS. None of
the Parties may assign any of their respective rights under this Agreement
without the prior consent of the other Parties. Subject to the preceding
sentence, this Agreement will apply to, be binding in all respects upon, and
inure to the benefit of the successors, permitted assigns, heirs, executors, and
personal representatives of the Parties. This Agreement and all of its
provisions and conditions are for the sole and exclusive benefit of the Parties
to this Agreement and their successors, assigns, heirs, executors, and personal
representatives.

         11.8     SEVERABILITY. If any provision of this Agreement is held
invalid or unenforceable by any court of competent jurisdiction, the other
provisions of this Agreement will remain in full force and effect. Any provision
of this Agreement held invalid or unenforceable only in part or degree will
remain in full force and effect to the extent not held invalid or unenforceable.

         11.9     SECTION HEADINGS, CONSTRUCTION. The headings of Sections in
this Agreement are provided for convenience only and will not affect its
construction or interpretation. Whenever the words "include", "includes" or
"including" are used in this Agreement, they shall be deemed followed by the
words "without limitation."

         11.10    EXHIBITS AND SCHEDULES. The Exhibits and Schedules referred to
herein are incorporated herein by reference as if fully set forth in the text
hereof.

         11.11    TIME OF ESSENCE. With regard to all dates and time periods set
forth or referred to in this Agreement, time is of the essence.

         11.12    GOVERNING LAW. This Agreement will be governed by and
construed under the laws of the State of Delaware without regard to principles
pertaining to conflict of laws.

                                      -62-
<PAGE>

         11.13    COUNTERPARTS. This Agreement may be executed in one or more
counterparts, each of which will be deemed to be an original copy of this
Agreement and all of which, when taken together, will be deemed to constitute
one and the same agreement.

                         [SIGNATURES ON FOLLOWING PAGE]

                                      -63-
<PAGE>

         IN WITNESS WHEREOF, the Parties have executed this Agreement on the
date first written above.

                                       INDUS INTERNATIONAL, INC.

                                       By: /s/ Thomas R. Madison
                                          -------------------------------------
                                       Name: Thomas R. Madison
                                            -----------------------------------
                                       Title: Chief Executive Officer
                                             ----------------------------------

                                       SYSTEMS & COMPUTER TECHNOLOGY CORPORATION

                                       By: /s/ Eric Haskell
                                          -------------------------------------
                                       Name: Eric Haskell
                                            -----------------------------------
                                       Title: Executive Vice President
                                             ----------------------------------

                                       SCT UTILITY SYSTEMS, INC.

                                       By: /s/ Eric Haskell
                                          -------------------------------------
                                       Name: Eric Haskell
                                            -----------------------------------
                                       Title: Senior Vice President
                                             ----------------------------------

                                       SCT FINANCIAL CORPORATION

                                       By: /s/ Eric Haskell
                                          -------------------------------------
                                       Name: Eric Haskell
                                            -----------------------------------
                                       Title: Senior Vice President
                                             ----------------------------------

                                       SCT PROPERTY, INC.

                                       By: /s/ Eric Haskell
                                          -------------------------------------
                                       Name: Eric Haskell
                                            -----------------------------------
                                       Title: Senior Vice President
                                             ----------------------------------

                                       SCT INTERNATIONAL LIMITED

                                       By: /s/ Eric Haskell
                                          -------------------------------------
                                       Name: Eric Haskell
                                            -----------------------------------
                                       Title: Director
                                             ----------------------------------

                                      -64-
<PAGE>

                                       SCT TECHNOLOGIES (CANADA), INC.

                                       By: /s/ Eric Haskell
                                          -------------------------------------
                                       Name:   Eric Haskell
                                            -----------------------------------
                                       Title:  Senior Vice President
                                             ----------------------------------

                                       SCT SOFTWARE & RESOURCE MANAGEMENT
                                       CORPORATION

                                       By: /s/ Eric Haskell
                                          -------------------------------------
                                       Name:   Eric Haskell
                                            -----------------------------------
                                       Title:  Senior Vice President
                                             ----------------------------------

                                      SYSTEMS & COMPUTER
                                      TECHNOLOGY INTERNATIONAL B.V.

                                       By: /s/ Eric Haskell
                                         --------------------------------------
                                       Name:   Eric Haskell
                                            -----------------------------------
                                       Title:  Director
                                            ------------------------------------

                                      -65-<PAGE>

                                                                    EXHIBIT 10.2

                               PURCHASE AGREEMENT

         THIS PURCHASE AGREEMENT (the "Agreement") is dated as of February 12,
2003 by and between Indus International, Inc., a Delaware corporation located at
3301 Windy Ridge Parkway, Atlanta, Georgia 30339 (the "Company"), and each of
the various purchasers (each, a "Purchaser", and collectively, the "Purchasers")
identified on, and a party to, an executed copy of the Subscription Agreement to
which this Agreement is an Exhibit (the "Subscription Agreement").

                                    SECTION 1

                   SALE OF COMMON STOCK AND CONVERTIBLE NOTES

         Subject to the terms and conditions hereof, the Company has offered,
and will issue and sell (the "Offering") to the Purchasers, and the Purchasers
will, severally and not jointly, buy from the Company, upon acceptance by the
Company of the Subscription Agreements, (i) a total of up to 6,871,480 shares of
the common stock, $0.001 par value per share, of the Company (the "Common
Stock") for the purchase price of $1.50 per share, with each Purchaser,
severally and not jointly, purchasing the number of shares of Common Stock for
the aggregate cash purchase price indicated in the Subscription Agreement, and
(ii) a total of up to $20,000,000 in aggregate principal amount of the Company's
8% convertible notes due 2003 (the "Convertible Notes"), with each Purchaser,
severally and not jointly, purchasing the principal amount of Convertible Notes
indicated in the Subscription Agreement. The shares of Common Stock to be issued
and sold by the Company and purchased by the Purchasers pursuant to this
Agreement are herein referred to as the "Shares," and the Convertible Notes to
be issued and sold by the Company and purchased by the Purchasers pursuant to
this Agreement are herein referred to as the "Notes." Together, the Shares and
Notes to be purchased by the Purchasers pursuant to this Agreement are herein
referred to as the "Securities." This Agreement and each Purchaser's obligation
hereunder are not conditioned on the sale of any minimum number of Shares or any
minimum aggregate principal amount of Notes.

         The Securities will be offered and sold without registration under the
Securities Act of 1933, as amended (the "Securities Act"), in reliance upon the
exemption from registration provided by Section 4(2) of the Securities Act and
Regulation D thereunder. The Company has prepared and delivered to each
Purchaser copies of a Confidential Private Placement Memorandum, dated as of the
date hereof, (as it may be amended or supplemented, and including the exhibits
and/or schedules thereto and the information incorporated therein by reference,
the "Offering Document").

         The Company has entered into a Purchase Agreement, dated as of the date
hereof (the "Acquisition Agreement"), pursuant to which the Company has agreed
to acquire (the "Acquisition") all of the outstanding common stock of SCT
Utility Systems, Inc., a Delaware corporation ("SCT"), as well as certain assets
owned by affiliates of SCT and used in SCT's business. The Company will use the
proceeds from the sale of the Securities to fund the Acquisition and for related
fees and expenses. The Company has entered into an Escrow Agreement, dated as of
the date hereof (the "Escrow Agreement"), by and between the Company, and The
Bank of New York, as escrow agent (the "Escrow Agent"), pursuant to which the
Company will deposit, or direct the deposit, with the Escrow Agent the proceeds
from the sale of the Securities, which funds (the "Escrow Funds") will be held
by the Escrow Agent pending their application in accordance with the provisions
of the Escrow Agreement.

         The Purchasers of Shares (and any subsequent permitted transferees)
will be entitled to the benefits of a Registration Rights Agreement, to be dated
as of the date hereof (as attached to the Subscription Agreement as Exhibit B,
the "Registration Rights Agreement for Shares"), by and among the Company and
the Purchasers. Pursuant to the Registration Rights Agreement for Shares, the

<PAGE>

Company will file with the Securities and Exchange Commission (the "SEC" or the
"Commission") as soon as practicable after the Closing, and in no event later
than 30 days thereafter, a shelf registration statement on Form S-3 pursuant to
SEC Rule 415 (the "Registration Statement for Shares") under the Securities Act
relating to the resale of the Shares by the Purchasers. The Company shall use
its commercially reasonable efforts to cause such Registration Statement for
Shares to be declared effective promptly and to be maintained effective until
the earlier of (i) the date on which all of the Shares have been resold under
the Registration Statement for Shares, and (ii) the date on which all of the
Shares may be traded by the Purchasers without restriction (the "Effectiveness
Period for Shares"). Should the Registration Statement for Shares not be
declared effective or should its effectiveness lapse prior to the end of the
Effectiveness Period for Shares, then the Purchasers of Shares shall have demand
registration rights (if requested by Purchasers of Shares holding more than 30%
of the Shares not so resold) and unlimited "piggy-back" registration rights, in
each case as set forth in the Registration Rights Agreement for Shares.

         The Purchasers of Notes (and any subsequent permitted transferees) will
be entitled to the benefits of a Registration Rights Agreement, to be dated as
of the date hereof (as attached to the Subscription Agreement as Exhibit C, the
"Registration Rights Agreement for Conversion Shares," and, together with the
Registration Rights Agreement for Shares, the "Registration Rights Agreements"),
by and among the Company and the Purchasers, for the purpose of registering the
shares (the "Conversion Shares") of Common Stock that the Purchasers of Notes
may receive upon the conversion of their Notes following the Company's receipt
of the requisite stockholder approval in accordance with the terms hereof and of
the Note. Pursuant to the Registration Rights Agreement for Conversion Shares,
the Company will file with the SEC as soon as practicable after the Closing, and
in no event later than 30 days thereafter, a shelf registration statement on
Form S-3 pursuant to SEC Rule 415 (the "Registration Statement for Conversion
Shares," and, together with the Registration Statement for Shares, the
"Registration Statements") under the Securities Act relating to the resale of
the Conversion Shares by the Purchasers. The Company shall use its commercially
reasonable efforts to cause such Registration Statement to be declared effective
promptly and to be maintained effective until the earlier of (i) the date on
which all of the Conversion Shares have been resold under the Registration
Statement for Conversion Shares, and (ii) the date on which all of the
Conversion Shares may be traded by the Purchasers without restriction (the
"Effectiveness Period for Conversion Shares"). Should the Registration Statement
for Conversion Shares not be declared effective or should its effectiveness
lapse prior to the end of the Effectiveness Period for Conversion Shares, then
the Purchasers of Notes shall have demand registration rights (if requested by
Purchasers of Notes holding more than 30% of the Conversion Shares not so
resold) and unlimited "piggy-back" registration rights, in each case as set
forth in the Registration Rights Agreement for Conversion Shares.

                                    SECTION 2

                       FUNDING; ESCROW; CLOSING; DELIVERY

         2.1.     FUNDING AND ESCROW. The closing of the Purchasers' commitment,
and the Purchasers' delivery of funds (the "Funding"), to purchase the
Securities for which they have subscribed in the Subscription Agreement, shall
be held at the offices of Alston & Bird LLP, counsel to the Company, or at such
other place upon which the Company and the Purchasers shall agree. At Funding,
the Purchasers shall, severally and not jointly, pay the purchase price (as to
each Purchaser, the "Purchase Price") for their Securities by wire transfer to
an account designated by the Escrow Agent. The Escrow Agent will hold and
disburse the Escrow Funds pursuant to the terms of the Escrow Agreement. The
Funding shall occur simultaneously with or immediately after the execution and
delivery of this Agreement by the Purchasers and the Company, or on such later
date as the Company and the Purchasers may agree.

<PAGE>

         2.2.     CLOSING AND DELIVERY. The issuance and delivery of the
Securities is conditioned upon, and shall occur simultaneously with, or
immediately after, the closing of the Acquisition (together, the "Closing"). In
the event that the Acquisition is not closed on or prior to March 14, 2003, the
"drop dead" date of the Acquisition under the Acquisition Agreement (the
"Expiration Date"), then the Closing of the sale of the Securities will not
occur, and the Escrow Agent shall disburse to each Purchaser, his or her
Purchase Price, together with his or her pro rata share of any interest earned
on the Escrow Funds while held by the Escrow Agent. At the Closing, or within a
reasonable period of time thereafter, the Company will deliver to each
Purchaser, as applicable (i) a certificate, registered in the name of such
Purchaser as shown in the appropriate Subscription Agreement, for the number of
Shares to be purchased by such Purchaser, and/or (ii) a Notes, registered in the
name of such Purchaser as shown in the appropriate Subscription Agreement, for
the aggregate principal amount of Notes to be purchased by such Purchaser.

                                    SECTION 3

                  REPRESENTATIONS AND WARRANTIES OF THE COMPANY

         The Company represents, warrants and covenants to the Purchasers and
the Placement Agent as follows:

         3.1.     ORGANIZATION AND STANDING; ARTICLES AND BY-LAWS. The Company
is a corporation duly organized, validly existing and in good standing under the
laws of the State of Delaware and has the corporate power and authority to carry
on it business as now conducted and to own, lease and operate its properties and
assets. The Company is duly qualified or licensed to transact business as a
foreign corporation in good standing in the states of the United States and
foreign jurisdictions where the character of its properties and assets or the
nature or conduct of its business requires it to be so qualified or licensed,
except for such jurisdictions in which the failure to be so qualified or
licensed is not reasonably likely to have, individually or in the aggregate, a
material adverse effect on the financial position, business or results of
operations of the Company and its subsidiaries taken as a whole (a "Material
Adverse Effect"). The term "Material Adverse Effect" does not include the impact
OF (i) changes in laws of general applicability or interpretations thereof by
courts or other Governmental Authorities (as defined below), or (ii) changes in
generally accepted accounting principals as in effect in the United States
("GAAP"). The Company has made available to each of the Purchasers true and
correct copies of the Company's Articles of Incorporation, as amended and/or
restated and as in effect on the date hereof (the "Articles of Incorporation"),
and the Company's Bylaws, as in effect on the date hereof (the "Bylaws"). The
Company owns 100% of all shares of capital stock and other equity interests in
each of its subsidiaries free and clear of all security interests, liens,
pledges or negative pledges, charges, encumbrances, mortgages, hypothecations,
adverse claims or equities (each, a "Lien").

         3.2.     CORPORATE POWER. The Company has the corporate power and
authority necessary to execute, deliver and perform this Agreement and to
execute, deliver and perform the Escrow Agreement and the agreements set forth
as Exhibits hereto (collectively with this Agreement, the "Agreements"), and at
Funding to sell, and at Closing to issue, the Securities as set forth in the
Agreements, and to carry out and perform its obligations under the Agreements.

<PAGE>

         3.3.     SUBSIDIARIES. The Company has those subsidiaries or affiliated
companies shown on Schedule 3.3 hereto, and does not otherwise own or control,
directly or indirectly, any equity interest in any corporation, association or
business entity, other than as shown on Schedule 3.3 hereto. Each subsidiary of
the Company that is a corporation has been duly incorporated, is validly
existing as a corporation in good standing under the laws of the jurisdiction of
its incorporation, has the corporate power and authority to own its properties
and to conduct its business and is duly registered, qualified and authorized to
transact business and is in good standing in each jurisdiction in which the
conduct of its business or the nature of its properties requires such
registration, qualification or authorization, except where such failure to so
qualify or register would not be reasonably likely to have a Material Adverse
Effect. All of the issued and outstanding capital stock of each subsidiary has
been duly authorized and validly issued, is fully paid and non-assessable, and
is owned by the Company free and clear of any Lien.

         3.4.     CAPITALIZATION. As of the date hereof, the authorized capital
stock of the Company consists of 100,000,000 shares of Common Stock and
10,000,000 shares of Preferred Stock (the "Preferred Stock"). As of February 3,
2003, there were 35,237,403 shares of Common Stock issued and outstanding, and
no shares of Preferred Stock issued and outstanding. No other shares of capital
stock are issued and outstanding. As of February 3, 2003, there were options and
warrants outstanding issued by the Company to purchase an aggregate of 9,600,244
and 304,533 shares of Common Stock, respectively. All of the outstanding shares
of Common Stock and Preferred Stock are, and all of the Shares and Conversion
Shares, when issued, will be, duly authorized, validly issued, fully paid and
nonassessable, and all such shares were, and the Shares and any Conversion
Shares, will be, issued in material compliance with all applicable federal and
state securities laws, including available exemptions therefrom, and none of
such issuances were, and the issuance of the Shares and any Conversion Shares
will not be, made in violation of any pre-emptive or other rights. The Company
has reserved 14,585,631 shares of Common Stock for issuance pursuant to its
stock option and stock purchase plans and existing outstanding warrants and an
adequate number of shares of Common Stock for the conversion of the Notes.
Except as set forth above or on Schedule 3.4, there are no options, warrants or
other rights (including conversion, pre-emptive or other rights) or agreements
outstanding to purchase any of the Company's authorized and unissued capital
stock.

         3.5.     AUTHORIZATION; VALID ISSUANCE. (a) All corporate action on the
part of the Company, its officers, directors and stockholders, if any, necessary
for the authorization, execution, delivery and performance of the Agreements by
the Company, and for the authorization, the sale, issuance and delivery of the
Securities has been taken or will be taken prior to the Funding or the Closing,
as appropriate. The Agreements have been duly executed and delivered by the
Company, and represent legal, valid and binding obligations of the Company,
enforceable against it in accordance with their respective terms (except in all
cases as such enforceability may be limited by applicable bankruptcy,
insolvency, reorganization, receivership, conservatorship, moratorium or similar
laws affecting the enforcement of creditors' rights generally, and except that
the availability of the equitable remedy of specific performance or injunctive
relief is subject to the discretion of the court before which any proceeding may
be brought (the "Bankruptcy and Equity Exception")). The Board of Directors of
the Company (the "Board of Directors") has taken all action necessary to render
inapplicable, as it related to the Investor, the provisions of Section 203 of
the General Corporation Law of the State of Delaware.

         (b)      The Shares being purchased by the Purchasers hereunder will,
upon issuance pursuant to the terms hereof and upon payment therefor, be duly
authorized and validly issued, fully paid and non-assessable shares of Common
Stock, free of preemptive or similar rights. Upon their issuance in accordance
with the terms hereof and of the Notes, the Conversion Shares will be duly
authorized, validly issued, fully paid and non-assessable shares of Common
Stock, free of all preemptive or similar rights.

<PAGE>

         (c)      Subject to the accuracy of the representations made by the
Purchasers in Section 5 hereof, the Securities and any Conversion Shares will be
issued to the Purchasers in compliance with applicable exemptions from (i) the
registration and prospectus delivery requirements of the Securities Act, and
(ii) the registration and qualification requirements of all applicable
securities laws of the states of the United States.

         3.6.     REPORTS AND FINANCIAL STATEMENTS. The Company has delivered,
as exhibits to the Offering Document, to the Purchasers prior to the execution
of this Agreement a copy of the Company's Annual Report on Form 10-K for the
year ended December 31, 2001, the Company's Quarterly Reports on Form 10-Q that
have been filed for all quarters ended since December 31, 2001, if any, the
definitive proxy statement for the Company's 2002 annual meeting of
stockholders, if filed with the Commission as of the date hereof, and will
deliver any Current Reports on Form 8-K filed since December 31, 2001 (as such
documents have since the time of their filing been amended or supplemented, and
together with all reports, documents and information filed on or after the date
first written above through the date of Closing with the SEC, including all
information incorporated therein by reference, collectively, the "SEC Reports").
The SEC Reports (a) complied and will comply as to form in all material respects
with the requirements of the Securities Act and the Securities Exchange Act of
1934, as amended (the "Exchange Act"), and (b) did not, at the time of their
filing, contain any untrue statement of a material fact or omit to state a
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.

         3.7.     DISCLOSURES. The Offering Document, including all exhibits
thereto, as amended or supplemented, did not and will not, as of the date
thereof through the Closing, contain an untrue statement of a material fact or
omit to state a material fact necessary in order to make the statements therein,
in the light of the circumstances under which they were made, not misleading.
The Company has provided to each prospective offeree of the Securities who has
requested further information concerning the Company and its subsidiaries such
information (to the extent that such information is available or can be acquired
and made available to prospective Purchasers without unreasonable effort or
expense and to the extent the provision thereof is not prohibited by applicable
law).

         3.8.     NO INTEGRATION. Neither the Company nor its affiliates (as
defined in Rule 501(b) under the Securities Act) ("Affiliates") has, directly or
through any authorized agent, during the six month period ending on the date of
this Agreement, sold, offered for sale, solicited offers to buy or otherwise
negotiated in respect of, any security (as defined in the Securities Act) in a
manner that would cause the offer and sale of the Securities or Conversion
Shares, if any, to fail to be entitled to the exemption afforded by Rule 506 of
Regulation D, or under Section 4(2) of the Securities Act.

         3.9.     NO PUBLIC OFFERING. Neither the Company nor its Affiliates has
engaged, in connection with the offering of the Securities or Conversion Shares,
if any, (i) in any form of general solicitation or general advertising within
the meaning of Rule 502(c) under the Securities Act, (ii) in any manner
involving a public offering within the meaning of Section 4(2) of the Securities
Act, (iii) in any action which would violate applicable state securities, or
"blue sky," laws, or in any directed selling efforts within the meaning of SEC
Regulation S.

         3.10.    CONFORMITY OF DESCRIPTIONS. The Shares conform, and the
Conversion Shares, when issued, will conform in all material respects to the
descriptions of the Company's Common Stock contained in the Company's SEC
Reports and other filings with the SEC.

<PAGE>

         3.11.    NO CONFLICTS. The execution, delivery and performance of the
Agreements, the issuance and delivery of the Securities, and the Conversion
Shares, when issued, by the Company and the consummation by the Company of the
transactions contemplated herein and in the other Agreements do not and will not
(i) conflict with or violate any provision of the Articles of Incorporation,
Bylaws or other organizational documents of the Company or any of its
subsidiaries, (ii) conflict with, or constitute a default (or an event which,
with notice or lapse of time or both, would become a default) under, or give to
other individual, partnership, joint stock company, corporation, trust,
unincorporated organization, government agency or political subdivision (each of
the foregoing, a "Person") any rights of termination, amendment, acceleration or
cancellation of, any material agreement, indenture, patent, license or
instrument (whether evidencing a Company debt or otherwise) to which the Company
or any of its subsidiaries is a party or by which any property or asset of the
Company or any of its subsidiaries is bound or affected, except for such
defaults that would not, individually or in the aggregate, result in a Material
Adverse Effect, or (iii) result in a violation of any law, rule, regulation,
order, judgment, injunction, decree or other restriction of any court or
governmental authority to which the Company or any of its subsidiaries is
subject (including federal and state securities laws and regulations and the
rules and regulations of the principal market, system or exchange on which the
Common Stock is traded, quoted or listed), or by which any material assets of
the Company or any of its subsidiaries is bound or affected.

         3.12.    CONSENTS AND APPROVALS. Except as set forth on Schedule 3.12,
no notice to, filing with, or consent of any federal, state, county, local,
foreign or other governmental, public or regulatory agencies, authorities
(including self-regulatory authorities), courts, instrumentalities, commissions,
boards or bodies having jurisdiction over the Company and its subsidiaries
("Governmental Authorities") or any third party is necessary for the
consummation by the Company or any of its subsidiaries of the transactions
contemplated by the Agreements, other than (i) the filing of the Registration
Statements with the Commission in accordance with the appropriate Registration
Rights Agreements, (ii) the application(s) or any letter(s) acceptable to Nasdaq
for the listing or quoting of the Shares and the Conversion Shares, if
applicable, on Nasdaq (and with any other national securities exchange or
automated quotation system or market on which the Common Stock is then traded,
listed or quoted), and the notice, if any, required by Nasdaq, (iii) any
filings, notices or registrations under applicable state securities laws, (iv)
the disclosure requirements of the Exchange Act, and the disclosure requirements
of Item 701 of SEC Regulation S-K, (v) filing a Form D and a Form 8-K in respect
of the sale and issuance of the Securities with the Commission (collectively,
the "Required Approvals"), and (vi) filing a Proxy Statement with the Commission
for the solicitation of the approval of, and obtaining the approval of, the
Company's stockholders to convert the Notes into Conversion Shares.

         3.13.    PROCEEDINGS. There is no action, suit, hearing, claim, notice
of violation, arbitration or other proceeding, hearing or investigation (each, a
"Proceeding") pending or, to the knowledge of the Company, threatened against or
affecting the Company or any of its subsidiaries or any of their respective
assets before or by any Governmental Authority or any arbitrator, which (i)
adversely affects or challenges the legality, validity or enforceability of any
of the Agreements, (ii) could reasonably be expected to, individually or in the
aggregate, have or result in a Material Adverse Effect, or (iii) if adversely
decided, could reasonably be expected to have a material adverse effect on, or
delay the issuance of, the Securities or the Conversion Shares, if any, or the
consummation of the transactions contemplated by the Agreement. The foregoing
includes, without limitation, any such action, suit, proceeding or investigation
that questions this Agreement or seeks to delay or prevent the consummation of
the transactions contemplated hereunder or the right of the Company to execute,
deliver and perform under same. The Company is not a party to or subject to the
provisions of any order, writ, injunction, judgment or decree of any
Governmental Authority that is reasonably likely to have a Material Adverse
Effect before or after consummation of the transactions contemplated by this
Agreement. No action, suit, proceeding, claim, investigation or inquiry by the
Company or any subsidiary is currently pending nor

<PAGE>

does the Company intend to initiate any action, suit, proceeding, claim,
investigation or inquiry, in each case, that if resolved in a manner adverse to
the Company, is reasonably likely to have a Material Adverse Effect.

         3.14.    NO DEFAULT OR VIOLATION. Except for those that would not,
individually or in the aggregate, result in a Material Adverse Effect, none of
the Company or any of its subsidiaries is in (i) default under or in violation
of any indenture, loan or other credit agreement or any other agreement or
instrument to which any of them is a party or by which any of them or their
respective assets or properties is bound, or (ii) violation of any law, rule,
regulation, order, judgment, injunction, decree or other restriction of any
arbitrator or Governmental Authority applicable to it. None of the Company or
any of its subsidiaries is in default under, or in violation of, its articles of
incorporation, bylaws or other organizational documents or in default under or
in violation of any of the listing or quotation requirements of Nasdaq (or of
any other national securities exchange or automated quotation system or market
on which the Common Stock is then traded, listed or quoted) as in effect on the
date hereof, and the Company is not aware of any facts which could reasonably
lead to de-listing or suspension of trading in the Common Stock by Nasdaq (or
any other national securities exchange or automated quotation system or market
on which the Common Stock is then traded, listed or quoted) in the foreseeable
future. The business of the Company and its subsidiaries is not being conducted
in violation of any law, statute, ordinance, rule or regulation of any
Governmental Authority, except where such violations have not resulted or are
not reasonably likely to result, individually or in the aggregate, in a Material
Adverse Effect. None of the Company or any of its subsidiaries is in breach of
any agreement where such breach, individually or in the aggregate, is reasonably
likely to have a Material Adverse Effect.

         3.15.    BROKER'S FEES. The Company has incurred no liability,
contingent or otherwise, for brokerage or finders' fees or agents' commissions
or other similar payments in connection with the Agreements or the transactions
contemplated therein, other than fees payable to C.E. Unterberg, Towbin, as the
exclusive placement agent of the Company for the Offering (the "Placement
Agent"), and the Company shall indemnify and hold harmless the Purchasers from
and against any such claims.

         3.16.    LISTING COMPLIANCE. The only securities exchange or automated
quotation system or market on which the Common Stock is traded is Nasdaq, and
the Company has no other securities listed or traded on any other securities
exchange or automated quotation system or market. Except as set forth on
Schedule 3.16, the Company has not in the three (3) years preceding the date
hereof received notice (written or oral) from Nasdaq (or any other national
securities exchange or automated quotation system or market on which the Common
Stock is then traded, listed or quoted) to the effect that the Company is not in
compliance in all material respects with the listing or maintenance requirements
of any such market, exchange or trading facility. After giving effect to the
transactions contemplated by the Agreements, the Company is and will be in
compliance with all such maintenance requirements.

         3.17.    INTELLECTUAL PROPERTY RIGHTS. The Company and its subsidiaries
own or possess adequate rights or licenses to use material (A) patents (and any
renewals and extensions thereof), patent rights (and any applications therefor),
rights of priority and other rights in inventions; (B) trademarks, service
marks, trade names and trade dress, and all registrations and applications
therefor and all legal and common-law equivalents of any of the foregoing; (C)
copyrights and rights in mask works (and any applications or registrations for
the foregoing, and all renewals and extensions thereof), common-law copyrights
and rights of authorship including all rights to exploit any of the foregoing in
any media and by any manner and means now known or hereafter devised; (D)
industrial design rights, and all registrations and applications therefor; (E)
rights in data, collections of data and databases, and all legal or common-law
equivalents thereof; (F) rights in domain names and domain name reservations;
(G) rights in trade secrets, proprietary information and know-how (collectively
with all licenses and other agreements providing Company or its subsidiaries
with the right to use any item of the type referred to in clauses (A) through

<PAGE>

(G) (collectively, "Intellectual Property Rights") which are necessary for use
in connection with their business as now conducted and as described in the SEC
Reports, except for those Intellectual Property Rights the absence of which
would not, individually or in the aggregate, result in a Material Adverse
Effect. None of the Company or any of its subsidiaries has knowledge that any of
them has infringed on any of the Intellectual Property Rights of any Person and,
except as would not, individually or in the aggregate, reasonably be expected to
have a Material Adverse Effect, none of the Company or any of its subsidiaries
is infringing on any of the Intellectual Property Rights of any Person. Except
as disclosed in the Offering Document, there is no Proceeding that is pending,
or to the Company's knowledge, is threatened against, the Company regarding the
infringement of any of the Intellectual Property Rights. The Company is not, to
its knowledge, making unauthorized use of any confidential information or trade
secrets of any third party, and the Company has not received any notice of any
asserted infringement (nor is the Company aware of any reasonable basis for any
third party asserting an infringement) by the Company of, any rights of a third
party with respect to any Intellectual Property Rights that, individually or in
the aggregate, would have a Material Adverse Effect. The Company and its
subsidiaries have taken reasonable security measures to protect the secrecy,
confidentiality and value of all of their Intellectual Property Rights.

         3.18.    REGISTRATION RIGHTS; RIGHTS OF PARTICIPATION. Except as set
forth on Schedule 3.18, the Company has not granted or agreed to grant to any
Person any rights (including "piggy-back" registration rights) to have any
securities of the Company registered with the Commission or any other
Governmental Authority which have not been satisfied. Except as set forth on
Schedule 3.18, no Person, including current or former stockholders of the
Company, underwriters, brokers or agents, has any right of first refusal,
preemptive right, right of participation, or any similar right to participate in
the transactions contemplated by the Agreements or to require that the Company
include any such securities in the registration of Shares or Conversion Shares
as contemplated herein. With respect to the agreements evidencing the rights set
forth on Schedule 3.18 hereto, the Company has complied in all respects with the
provisions therein regarding any right of first refusal, preemptive right, right
of participation, or any similar right of a stockholder or any other third party
to participate in the transactions contemplated by the Agreements, including,
but not limited to, notice, consent and waiver requirements.

         3.19.    FORM S-3 ELIGIBILITY. The Company meets the requirements for
use of the SEC's registration statement on Form S-3 under the Securities Act
relating to the resale of the Shares and Conversion Shares by the Purchasers and
is eligible for filing and maintaining registration statements on Form S-3
relating to the resale of the Shares and Conversion Shares by the Purchasers.

         3.20.    ABSENCE OF CERTAIN CHANGES. Since the date of the financial
statements included in the Company's most recent Quarterly Report on Form 10-Q,
Annual Report on Form 10-K, or latest Current Report on Form 8-K, whichever is
more recent, last filed prior to the date of this Agreement, the Company and its
subsidiaries have conducted their business only in the ordinary course of such
business consistent with past practice and there has not been (i) any Material
Adverse Effect, (ii) any material commitment, contractual obligation, borrowing,
capital expenditure or transaction (each, a "Commitment") entered into by the
Company or any of its subsidiaries, other than (a) Commitments in the ordinary
course of business, (b) this Agreement, and (c) the Acquisition Agreement and
any other Commitments contemplated thereby, (iii) any action taken which, if
taken after the date hereof, would constitute a material breach of any provision
or covenant herein, or (iv) any material change in the Company's accounting
principles, practices or methods other than as required by concurrent changes in
GAAP.

<PAGE>

         3.21.    BOOKS AND RECORDS. The minute books and other records of the
Company and its subsidiaries contain in all material respects accurate records
of all Company board, committee and stockholders' meetings and accurately
reflect in all material respects all other corporate action of the stockholders
and directors and any committees thereof of the Company and its subsidiaries and
all actions of the directors of the Company's subsidiaries, in each case since
January 1, 2001.

         3.22.    NO MANIPULATION OF STOCK. The Company has not taken, in
violation of applicable law, any action designed to or that might reasonably be
expected to cause or result in stabilization or manipulation of the price of the
Common Stock to facilitate the transactions contemplated hereby or the sale or
resale of the shares of Common Stock.

         3.23.    COMPANY NOT AN "INVESTMENT COMPANY." The Company has been
advised of the rules and requirements under the Investment Company Act of 1940,
as amended (the "Investment Company Act"). The Company is not, and immediately
after receipt of payment for the Securities will not be, an "investment company"
or an entity "controlled" by an "investment company" within the meaning of the
Investment Company Act.

         3.24.    LABOR RELATIONS. Neither the Company nor its subsidiaries is
party to any collective bargaining agreement covering any individual who
performs services as an employee primarily for the Company or any of its
subsidiaries (including such persons who are on an approved leave of absence,
vacation, short-term disability or otherwise treated as an active employee of
the Company or any of its subsidiaries, "Employees"), and there are no
controversies or unfair labor practice proceedings pending or, to the Company's
knowledge, threatened between the Company or any of its subsidiaries and any of
their current or former Employees or any labor or other collective bargaining
unit representing any current or former Employee of the Company or any of its
subsidiaries that would reasonably be expected to result in a labor strike,
dispute, slow-down or work stoppage or otherwise have a Material Adverse Effect.
To the Company's knowledge, no organizational effort is presently being made or,
to the Company's knowledge, threatened by or on behalf of any labor union.

         3.25.    EMPLOYEE BENEFITS.

         (a)      "Benefit Plans" shall mean (i) all "employee pension benefit
plans," as defined in section 3(2) of the Employee Retirement Income Security
Act of 1974, as amended ("ERISA"), established, maintained, or contributed to by
the Company or its subsidiaries for the benefit of any employees or agents of
the Company or its subsidiaries; (ii) all "employee welfare benefit plans," as
defined in section 3(1) of ERISA, established, maintained, or contributed to by
the Company or its subsidiaries for the benefit of any employees or agents of
the Company or its subsidiaries; and (iii) to the knowledge of the Company, all
other material incentive, employment, supplemental retirement, severance,
deferred compensation and other employee benefit plans, programs, agreements and
arrangements established, maintained, or contributed to by the Company or its
subsidiaries for the benefit of any employees or agents of the Company or its
subsidiaries, without regard to the coverage of any such plan, program,
agreement or arrangement by ERISA or any provision of the Internal Revenue Code
of 1986, as amended (the "Code").

         (b)      Each of the Benefit Plans has been administered in accordance
with its terms and any federal, state or local statute, law, ordinance,
regulation, order, writ, injunction, directive, judgment or decree applicable to
the Company, its subsidiaries, or any of their respective properties, or assets,
as the case may be (including, where applicable, ERISA and the Code), except
where the failure to so administer such Benefit Plan would not have a Material
Adverse Effect.

<PAGE>

         (c)      Each of the Benefit Plans intended to be "qualified" within
the meaning of section 401(a) of the Code has been determined by the United
States Internal Revenue Service to be so qualified, except where the failure to
so qualify such Benefit Plan would not have a Material Adverse Effect.

         3.26.    ENVIRONMENTAL MATTERS.

         (a)      The Company and its subsidiaries are in compliance with all
applicable Federal, state, and local laws and regulations relating to Releases
or threatened Releases of Hazardous Materials or otherwise relating to the
generation, treatment, storage, transport or handling of Hazardous Materials,
except where failure to be in compliance would not have a Material Adverse
Effect; and, to the Company's knowledge, there is no Environmental Claim pending
or threatened against the Company or its subsidiaries which would have a
Material Adverse Effect.

         (b)      For the purpose of this section (i), "Environmental Claim"
means any claim, action, demand, order, or written notice by or on behalf of,
any Governmental Entity or Person alleging potential liability arising out of,
based on or resulting from the violation of any Environmental Law or permit;
(ii) "Hazardous Materials" means all substances defined as hazardous substances
in the Comprehensive Environmental Response, Compensation and Liability Act; and
(iii) "Release" has the meaning set forth in the Comprehensive Environmental
Response, Compensation and Liability Act.

         3.27.    TAXES.

         (a)      Except as otherwise disclosed in Schedule 3.27 hereto, (i) the
Company has filed (or joined in the filing of) when due all Tax Returns required
by applicable law to be filed with respect to the Company and all Taxes shown to
be due on such Tax Returns have been paid; (ii) all such Tax Returns were true,
correct and complete in all material respects as of the time of such filing; or
(iii) any liability of the Company for Taxes not yet due and payable, or which
are being contested in good faith, in each case as of December 31, 2001, has
been accrued or reserved for on the financial statements of the Company in
accordance with GAAP, in each case except that any such failure to file or pay
Taxes would not result in a Material Adverse Effect.

         (b)      No current or former subsidiary of the Company has ever been a
member of any "affiliated group" (within the meaning of Section 1504(a) of the
Code) included in any consolidated federal income Tax Return filed with the
Internal Revenue Service other than an affiliated group of which the Company is
the common parent.

         3.28.    INSURANCE. All insurance policies carried by the Company or
any subsidiary or covering the Company's properties are in full force and
effect, and, to the Company's knowledge, no notice of cancellation has been
given with respect to any such policy, except where the lapse of such coverage
or cancellation of such policy would not reasonably be expected to have a
Material Adverse Effect. The insurance coverage provided by such policies is
provided by insurers that, to the knowledge of the Company, are solvent and is
in such amount and types of coverage which are adequate and customary for the
industries in which the Company operates.

         3.29.    ACCOUNTING CONTROLS. The Company maintains a system of
internal accounting controls sufficient to provide reasonable assurances that
(i) transactions are executed in accordance with management's general or
specific authorizations, (ii) transactions are recorded as necessary to permit
preparation of financial statements in accordance with generally accepted
accounting principles and to maintain assets accountability, (iii) access to
assets is permitted only in accordance with management's general or specific
authorization and (iv) the recorded accountability for assets is compared with
the

<PAGE>

existing assets at reasonable intervals and appropriate action is taken with
respect to any differences, except for any controls the absence of which would
not result in a Material Adverse Effect.

         3.30.    BYLAWS. The Company's Bylaws provide that all matters
submitted to a meeting of stockholders, including the vote relating to the
issuance of the Conversion Shares, shall require the affirmative vote of a
majority of the total number of votes cast, present in person or by proxy.

                                    SECTION 4

                            COVENANTS OF THE COMPANY

         The Company hereby covenants with the Purchasers and the Placement
Agent as follows:

         4.1.     OFFERING LIMITATIONS. None of the Company or any of its
Affiliates will solicit any offer to buy or offer to sell shares of Common Stock
or securities convertible into or exchangeable for Common Stock by means of any
form of general solicitation or general advertising (as such terms are used in
Regulation D under the Securities Act) in any manner involving a public offering
(within the meaning of Section 4(2) of the Securities Act) prior to the later of
the effective dates of the Registration Statements.

         4.2.     INTEGRATION. None of the Company or any of its Affiliates will
offer, sell or solicit offers to buy or otherwise negotiate in respect of any
security (as defined in the Securities Act) in a manner that would cause the
offer and sale of the Securities to fail to be entitled to the exemption from
registration afforded by Rule 506 of Regulation D and Section 4(2), of the
Securities Act.

         4.3.     DISCLOSURES. Subject to Section 8.14, as applicable, the
Company, promptly following the Closing will (i) issue a press release
announcing the sale of the Securities through the Placement Agent, (ii) file
such press release and other appropriate information with the SEC on a Form 8-K,
and (iii) include in the filing of its next Form 10-Q or Form 10-K, as
applicable, appropriate disclosures relating to the sale of the Securities,
including, without limitation, the disclosure required by Item 701 of Regulation
S-K. Within one business day following Closing, the Company shall also file with
the SEC on a Form 8-K, under Item 9 thereof, any and all material nonpublic
information (as such term is used under Regulation FD) regarding the Company,
the Offering and/or the Acquisition that was or has been provided by the
Company, or duly authorized agents or representatives acting on its behalf, to
Purchasers.

         4.4.     USE OF PROCEEDS. The Company will use the proceeds from the
sale of the Securities in the manner specified in the Offering Document under
the caption "Use of Proceeds."

         4.5.     COMPLIANCE. The Company has complied in all respects with the
provisions of those agreements which evidence the rights set forth on Schedule
3.18 regarding any right of first refusal, preemptive right, right of
participation, or any similar right of a stockholder or any other third party to
participate in the transactions contemplated by the Agreements, including, but
not limited to, any notice, consent and waiver requirements. The Company has
performed the timely notification of all affected Persons and has either (i)
solicited and obtained the appropriate consent and waiver from such Person, or
(ii) affirmatively received notice of participation in the transactions
contemplated by the Agreements from each of the affected Persons. For purposes
of the immediately preceding sentence only, the failure of any such affected
Person to exercise its rights or participate in the transactions contemplated by
the Agreements during any specified exercise or participation period shall be
deemed a waiver by the affected Person of such rights.

<PAGE>

         4.6.     PROXY STATEMENT. The Company shall use its reasonable best
efforts to prepare and file with the SEC, as promptly as practicable after the
date hereof but in no event later than 30 days after the Closing, preliminary
proxy materials with respect to a meeting of the stockholders for the purpose of
approving the issuance of the Conversion Shares as contemplated by this
Agreement. Thereafter, the Company shall as promptly as possible file with the
SEC the definitive proxy statement and acting through its Board of Directors,
(i) call a special meeting of stockholders or the Company's Annual Meeting of
stockholders to be held at the earliest practicable date but in no event later
than 90 days after the Closing and (ii) include in the proxy statement the
recommendation of its Board of Directors that holders of the Common Stock
approve the issuance of the Conversion Shares as contemplated by this Agreement.
If the Company calls a special meeting of stockholders pursuant to this Section
4.6, neither prior to nor at such special meeting shall the Company put forth
any matter, other than approving the issuance of the Conversion Shares as
contemplated by this Agreement, to the holders of Common Stock for their
approval without the prior written consent of the Purchasers.

                                    SECTION 5

           REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE PURCHASERS

         Each Purchaser, severally and not jointly, hereby represents, warrants
and covenants to the Company with respect to the purchase of Securities by such
Purchaser as follows:

         5.1.     EXPERIENCE. Such Purchaser has substantial experience in
evaluating and investing in private placement transactions of securities in
companies similar to the Company, and the Purchaser is capable of evaluating the
merits and risks of its investment in the Company and has the capacity to
protect its own interests.

         5.2.     QUALIFIED INSTITUTIONAL BUYER; ACCREDITED INVESTOR. Such
Purchaser is a "qualified institutional buyer," as defined in Rule 144A of the
Securities Act, or an "accredited investor," as defined in SEC Regulation D
promulgated pursuant to the Securities Act (an "Accredited Investor").

         5.3.     RULE 144. Such Purchaser acknowledges that the Shares must be
held indefinitely unless subsequently registered for resale under the Securities
Act or unless an exemption from such registration is available, and that the
Notes must be held indefinitely unless and until converted into Conversion
Shares upon stockholder approval, and such Conversion Shares are subsequently
registered for resale under the Securities Act or unless an exemption from such
registration is available. Such Purchaser is aware of the provisions of the
SEC's Rule 144 promulgated under the Securities Act, which permit limited resale
of securities purchased in a private placement, subject to the satisfaction of
certain conditions, including, among other things, (i) the existence of a public
market for the securities, (ii) the availability of certain current public
information about the Company, (iii) the resale occurring not less than one year
after a party has purchased and fully paid for the security to be sold, (iv) the
sale being effected through a "broker's transaction" or in a transaction
directly with a "market maker," and (v) the number of securities being sold
during any three-month period not exceeding specified limitations.

         5.4.     CONFIDENTIAL ACCESS TO INFORMATION. Such Purchaser has had an
opportunity to discuss the Company's business, management and financial affairs
with its management. It has also had an opportunity to ask questions of officers
of the Company, which questions were answered to its satisfaction. Such
Purchaser understands that such discussions, as well as any written information
issued by the Company, were intended to describe certain aspects of the
Company's business and prospects. Pursuant to a confidentiality agreement, as
contemplated by the SEC's Regulation FD, such Purchaser acknowledges that it has
been provided access to material, non-public information and that the Purchaser
will keep all such information confidential except to the extent it becomes
public through no fault of the

<PAGE>

Purchaser or to the extent compelled to produce such information as a result of
a court order or subpoena. Further, the Purchaser acknowledges and understands
that the fact that the Company is seeking to effect the private placement of the
Shares and Notes is itself material, non-public information, and disclosure of
such information or use of such information by the Purchasers or anyone
receiving such information from the Purchasers in connection with the purchase,
sale or trade of the Company's securities (other than use by the Purchasers in
acquiring the Shares and/or the Notes), or any hedging, derivative or similar
transactions or activities involving the Company's securities, is a violation of
securities laws. Neither such inquiries nor any other due diligence
investigation conducted by such Purchaser or any of its advisors or
representatives shall modify, amend or affect such Purchaser's right to rely on
the Company's representations, warranties and covenants contained herein or in
the other Agreements. The Purchaser understands that its investment in the
Shares and/or Notes involves a high degree of risk.

         5.5      ORGANIZATION; AUTHORIZATION. The Purchaser is either (i) an
individual who hereby certifies that he or she is an Accredited Investor who
possesses the legal capacity, understanding and financial ability necessary and
appropriate to enter into, and bear the risks of, the transactions contemplated
hereby, or (ii) a corporation, a limited liability company or a partnership duly
formed, validly existing and in good standing under the laws of the jurisdiction
of its organization. Such Purchaser, if a corporation, a limited liability
company or a partnership, has the requisite power and authority, to enter into
and to consummate the transactions contemplated by the Agreements and otherwise
to carry out its obligations under the Agreements. The purchase by such
Purchaser of the Shares and/or Notes hereunder has been duly authorized by all
necessary action on the part of such Purchaser. This Agreement, when executed
and delivered by such Purchaser, will constitute a valid and binding obligation
of the Purchaser, enforceable in accordance with its terms, subject to the
Bankruptcy and Equity Exception.

         5.6.     RESTRICTIVE LEGEND. Such Purchaser understands that the
certificates evidencing the Shares, Notes and Conversion Shares, will bear the
following legends when issued:

         "THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF
         1933, AS AMENDED (THE "SECURITIES ACT"), OR THE SECURITIES, OR "BLUE
         SKY," LAWS OF ANY STATE OR OTHER DOMESTIC OR FOREIGN JURISDICTION.
         THESE SECURITIES HAVE BEEN ACQUIRED FOR INVESTMENT AND NOT WITH A VIEW
         TO DISTRIBUTION AND RESALE AND MAY NOT BE SOLD, OFFERED FOR SALE,
         PLEDGED, HYPOTHECATED, TRANSFERRED OR OTHERWISE DISPOSED OF EXCEPT
         PURSUANT TO A REGISTRATION STATEMENT IN EFFECT UNDER THE SECURITIES ACT
         AND OTHER APPLICABLE LAWS OR A WRITTEN OPINION OF COUNSEL REASONABLY
         SATISFACTORY TO THE COMPANY THAT SUCH REGISTRATION IS NOT REQUIRED AND
         THAT AN EXEMPTION FROM SUCH REGISTRATION IS AVAILABLE FOR SUCH
         TRANSACTIONS UNDER THE SECURITIES ACT AND OTHER APPLICABLE LAWS."

         In addition, the Purchasers acknowledge that each certificate for
Shares, Notes and Conversion Shares shall bear any additional legend required by
any other applicable domestic or foreign securities or blue sky laws.

         In the case of the Shares, the certificates representing such shares
shall also bear the following legend:

         "THE HOLDER OF THESE SHARES, AND ANY PERMITTED TRANSFEREE THEREOF UNDER
         THE SUBSCRIPTION AGREEMENT, BY AND BETWEEN SUCH HOLDER AND INDUS
         INTERNATIONAL, INC. (THE "COMPANY")

<PAGE>

         PURSUANT TO WHICH THESE SHARES WERE ISSUED AND SOLD (THE "SUBSCRIPTION
         AGREEMENT"), IS PROHIBITED FROM VOTING THESE SHARES TO APPROVE OR
         DISAPPROVE THE CONVERSION OF THE NOTES (AS DEFINED IN THE SUBSCRIPTION
         AGREEMENT) INTO CONVERSION SHARES (AS DEFINED IN THE SUBSCRIPTION
         AGREEMENT), AND SHALL ABSTAIN FROM VOTING ON SUCH MATTER. A COPY OF THE
         SUBSCRIPTION AGREEMENT MAY BE OBTAINED AT NO CHARGE UPON WRITTEN
         REQUEST TO THE COMPANY."

         The Company will direct its transfer agent and registrar to maintain
stop transfer instructions on record for the Shares, Notes and Conversion Shares
until it has been notified by the Company, upon the advice of counsel, that such
instructions may be waived consistent with the Securities Act and applicable
domestic and foreign securities laws. Such stop transfer instructions will limit
the method of sale of the Shares, Notes and Conversion Shares, consistent with
Rule 144 or other available exemptions from registration under the Securities
Act. Any transfers other than pursuant to a registration statement under the
Securities Act will require an opinion of counsel reasonably satisfactory to the
Company and its counsel prior to such transfers.

         5.7.     NO GOVERNMENTAL REVIEW. Each Purchaser understands that no
United States federal or state agency or any other government or governmental
agency or authority has passed upon or made any recommendation or endorsement of
the Shares, the Notes, the Conversion Shares or the contents of the Offering
Document.

         5.8.     RESIDENCY. Such Purchaser is a resident of the jurisdiction
set forth immediately below such Purchaser's name on the Subscription Agreement.

         5.9.     INVESTMENT INTENT. Such Purchaser is acquiring the Securities
for investment for its own account, not as a nominee or agent, and not with the
view to, or for resale in connection with, any distribution thereof. Such
Purchaser understands and agrees that the Securities have not been registered
under the Securities Act by reason of the exemption from the registration
provisions of the Securities Act contained in Rule 506 of Regulation D and
Section 4(2) of the Securities Act, the availability of which depends upon,
among other things, the bona fide nature of the investment intent and the
accuracy of such Purchaser's representations, warranties and covenants as
expressed herein, which are being relied upon by the Company and the Placement
Agent.

         5.10.    NO MANIPULATION. Neither such Purchaser nor, to the
Purchaser's knowledge, any of its directors, officers, managers, subsidiaries,
controlling persons or other affiliates has taken, or presently plans to take,
directly or indirectly, any action designed to or which might reasonably be
expected to cause or result in, or which has constituted, under the Exchange
Act, the stabilization or manipulation of the price of any security of the
Company to facilitate the sale or resale of the Securities.

         5.11     VOTING OF SHARES. Each of the Purchasers hereby understands
and agrees that such Purchaser, or its permitted transferee hereunder, as
appropriate, is strictly prohibited from voting any of the Shares to approve or
disapprove the conversion of the Notes into Conversion Shares, and each such
Purchaser or permitted transferee shall abstain from voting any Shares on such
matter.

<PAGE>

                                    SECTION 6

                 CONDITIONS TO PURCHASERS' OBLIGATIONS TO CLOSE

         The obligation of each Purchaser to close the Offering is subject to
the fulfillment, as of the date of Closing, of the following conditions, any of
which may be waived by each such Purchaser:

         6.1.     REPRESENTATIONS AND WARRANTIES CORRECT. The representations
and warranties by the Company contained herein qualified as to materiality shall
be true and correct (in light of such qualification(s)) and those not so
qualified shall be true and correct in all material respects as of the date
hereof and at and as of the Closing as though such representations and
warranties were made at and as of such date unless limited by their terms to a
prior date.

         6.2.     COVENANTS. All covenants, agreements and conditions contained
in this Agreement to be performed by the Company on or prior to the Closing
shall have been performed or complied with in all material respects.

         6.3.     NO INJUNCTION. No statute, rule, regulation, order, decree,
ruling or injunction shall have been enacted, entered, promulgated, endorsed or
threatened or is pending by or before any Governmental Authority of competent
jurisdiction which in any material respect restricts, prohibits or threatens to
restrict or prohibit the consummation of any of the transactions contemplated by
the Agreements.

         6.4.     NO SUSPENSIONS OF TRADING IN COMMON STOCK. The trading in the
Common Stock shall not have been restricted or suspended by the Commission,
Nasdaq or any other market or exchange where such Common Stock is traded (except
for any suspension of trading of limited duration solely to permit dissemination
of material information regarding the Company).

         6.5      ADVERSE CHANGES. Since the date of this Agreement, no event
which has had or could reasonably be expected to have a Material Adverse Change
shall have occurred. The term "Material Adverse Change" shall mean an event,
change or occurrence that individually, or together with any other event, change
or occurrence, has a material adverse impact on the Company or its subsidiaries'
financial position, business or results of operations, taken as a whole;
provided, however, that the term "Material Adverse Change" shall not include the
impact of (a) changes in laws of general applicability or interpretations
thereof by courts or other Governmental Authorities, or (b) changes in GAAP; (c)
actions or omissions required of the Company by the terms of the Acquisition
Agreement; (d) changes in conditions or events that are generally applicable to
the industry in which the Company operates or the economy in general in
jurisdictions in which Company operates; (e) seasonal fluctuations in the
Company's performance; or (f) the effects, including, without limitation,
effects on relations and business with customers, suppliers and employees, that
are a direct result of the transactions contemplated or permitted under the
Acquisition Agreement.

         6.6.     LITIGATION. No Proceeding shall have been instituted or
threatened against the Company that could reasonably be expected to,
individually or in the aggregate, have a Material Adverse Effect.

         6.7.     COMPLIANCE CERTIFICATE. The Company shall have delivered to
the Purchasers a certificate of the Company executed by the President of the
Company, dated as of the Closing, certifying to the fulfillment of the
conditions specified in Section 6 of this Agreement.

<PAGE>

         6.8.     SECRETARY'S CERTIFICATE. The Company shall have delivered to
the Purchasers a certificate of the Company executed by an officer of the
Company, dated as of the Closing, certifying (i) resolutions adopted by the
Board of Directors of the Company authorizing the execution of the Agreements,
the issuance of the Securities, the filing of the Registration Statements, and
the transactions contemplated hereby; (ii) the Articles of Incorporation and
Bylaws of the Company, each as amended, and copies of the third party consents,
approvals and filings required in connection with the consummation of the
transactions contemplated by the Agreements; and (iii) such other documents
relating to the transactions contemplated by the Agreements as the Purchasers
may reasonably request.

         6.9.     OPINION OF COUNSEL. At the Closing, the Purchasers and the
Placement Agent shall have received the opinion of Alston & Bird LLP, as counsel
to the Company, dated as of Closing, in the form set forth below to the effect
that:

                  (a)      The Company is validly existing and in good standing
         under the laws of the State of Delaware, with corporate power and
         authority to carry on its business as now conducted and to own, lease
         and operate its assets and properties and to enter into and perform its
         obligations under this Agreement, the Subscription Agreement, the
         Registration Rights Agreement, the Escrow Agreement and the other
         documents and agreements to be executed by the Company in connection
         with the Closing (collectively, the "Operative Documents");

                  (b)      The execution, delivery and performance by the
         Company of each of the Operative Documents to which the Company is a
         party have been duly authorized by the Company;

                  (c)      No consent or other action by, or filing or
         registration with, any Governmental Authority is required for (i) the
         execution and delivery by the Company of the Operative Documents, (ii)
         the offer, sale, and issuance of the Securities in accordance with the
         Operative Documents, (iii) the performance by the Company of its
         obligations under the Operative Documents, except such as may be
         required (a) in connection with the registration under the Securities
         Act of the Securities pursuant to the appropriate Registration Rights
         Agreements (including any filing with the National Association of
         Securities Dealers, Inc.), (b) under the "blue sky" or securities laws
         of any jurisdiction in connection with the purchase and sale or resale
         of the Shares or Conversion Shares; (c) to provide notice and
         application to list or quote the Shares and the Conversion Shares, if
         applicable, on Nasdaq (and with any other national securities exchange
         or automated quotation system or market on which the Common Stock is
         then traded, listed or quoted), (d) to satisfy the disclosure
         requirements of the Exchange Act, and the disclosure requirements of
         Item 701 of SEC Regulation S-K, (v) to file a Form D and a Form 8-K in
         respect of the sale and issuance of the Securities with the Commission
         (collectively, the "Required Approvals"), and (vi) to file a Proxy
         Statement with the Commission for the solicitation of the approval of,
         and obtaining the approval of, the Company's stockholders for the
         issuance of the Conversion Shares.

                  (d)      Neither the execution and delivery of this Agreement
         or the other Operative Documents, nor the consummation by the Company
         of the transactions contemplated hereby or thereby (including the
         issuance, sale and delivery of the Securities and any Conversion Shares
         (other than with respect to the delivery in book-entry form of Shares
         and any Conversion Shares)), nor compliance by the Company with any of
         the provisions hereof or thereof, will (i) constitute or result in a
         default under, or require any consent pursuant to any contract or
         permit of the Company listed on Schedule A to the opinion, (ii)
         conflict with or result in a breach of any provision of the Certificate
         of Incorporation or Bylaws of the Company, or any federal or state law,
         rule or regulation known to such counsel of any court or federal, state
         or other regulatory

<PAGE>

         board or body or administrative agency having jurisdiction over the
         Company or over its properties or business, or (iii) conflict with or
         constitute a default under any judgment, writ, decree or order known to
         such counsel to be applicable by its terms to the Company;

                  (e)      This Agreement, the Escrow Agreement, the
         Registration Rights Agreement for Shares, and, assuming the requisite
         stockholder approval is received for conversion of the Notes into
         Conversion Shares, the Registration Rights Agreement for Conversion
         Shares, each have been duly authorized, executed and delivered by the
         Company, and, assuming the due execution and delivery thereof by the
         Purchasers where applicable, no other corporate action is necessary to
         authorize such execution, delivery or performance, and constitute valid
         and binding obligations of the Company, enforceable against the Company
         in accordance with its terms, except as such enforcement may be subject
         to the Bankruptcy and Equity Exception;

                  (f)      When issued to a Purchaser against payment therefor
         in accordance with the Agreement and other Operative Documents, each
         Security and each Conversion Share will be duly and validly authorized
         and issued, fully paid and nonassessable, and the Purchasers, as
         holders thereof, will not be subject to personal liability by reason of
         being such holders;

                  (g)      To the knowledge of such counsel, there is no action,
         suit, investigation or proceeding pending or threatened against the
         Company or any of its properties or assets by or before any court,
         arbitrator or Governmental Authority, department, commission, board,
         bureau, agency or instrumentality, which questions the validity of the
         Agreement, any Security or any of the Conversion Shares or any action
         taken or to be taken pursuant hereto or thereto;

                  (h)      The Company is not an "investment company" or a
         company "controlled by" or required to register as an investment
         company as such terms are defined in the 1940 Act or the PUHC Act, and
         the SEC's rules and regulations thereunder; and

                  (i)      Assuming the accuracy of the Purchasers'
         representations and warranties in Section 5 of this Agreement, the
         accuracy of the Company's representations and warranties in Sections
         3.8 and 3.9 of this Agreement, and the Company's and the Purchasers'
         satisfaction of their respective covenants hereunder, the offer, sale
         and issuance of the Securities and the Conversion Shares, if any, as
         contemplated by the Agreements is exempt from the registration
         requirements under Section 5 of the Securities Act.

         Such opinions may be subject to such assumptions, qualifications and
limitations as are customary. Without limiting the foregoing, such counsel (i)
need not express any opinion with regard to the application of laws of any
jurisdiction other than the Federal law of the United States and the relevant
corporate act of the State where the issuer is organized, (ii) may rely, as to
matters of fact, to the extent appropriate on representations or certificates of
responsible officers of the Company and certificates of public officials, (iii)
may express no opinion as to the effect of (a) bankruptcy, insolvency,
reorganization, arrangements, fraudulent transfer, moratorium or similar laws
relating to or affecting the rights of creditors and (b) general principles of
equity, including, without limitation, concepts of materiality, reasonableness,
good faith and fair dealing, the exercise of judicial discretion, and the
possible unavailability of specific performance or injunctive relief, regardless
of whether considered in a proceeding in equity or at law, (iv) may express no
opinion as to compliance with the anti-fraud or information delivery provisions
of applicable securities laws, (v) may express no opinion as to compliance with
the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, and (vi)
may express no opinion as to the enforceability of the indemnification
provisions of the Operative Documents to the extent the provisions thereof may
be subject to limitations of public policy and the effect of applicable statutes
and judicial decisions.

<PAGE>

         6.10     OTHER DOCUMENTS. The Company shall have delivered to each
Purchaser such other documents relating to the transactions contemplated by the
Agreements as the Purchasers or their counsel may reasonably request.

         6.11.    ACQUISITION. The Company shall have entered into the
Acquisition Agreement pursuant to which the Company will consummate the
Acquisition and all conditions to closing of the Acquisition shall have been
satisfied or waived by the Company.

         6.12.    LISTING APPROVALS. The Company shall have obtained any
necessary approvals for the listing of the Shares and Conversion Shares on
Nasdaq.

         6.13.    REGISTRATION RIGHTS AGREEMENT. The Company and the Purchasers
shall have executed, entered into and delivered the Registration Rights
Agreements, as applicable to each such Purchaser.

         6.14.    ESCROW AGREEMENT. The Company shall have entered into the
Escrow Agreement and deposited with the Escrow Agent, or arranged for the
deposit by the Purchasers with the Escrow Agent of, the proceeds from the sale
of the Securities.

                                    SECTION 7

                CONDITIONS TO THE COMPANY'S OBLIGATIONS TO CLOSE

         The Company's obligation to close the Offering is subject to the
fulfillment as of the date of Closing, of the following conditions, any of which
may be waived by the Company:

         7.1.     REPRESENTATIONS. The representations and warranties made by
the Purchasers herein shall be true and correct in all material respects on the
dates made and on the date of Closing.

         7.2.     PERFORMANCE BY THE PURCHASERS. Each Purchaser shall have
performed, satisfied and complied in all material respects with all covenants,
agreements and conditions required by the Agreements to be performed, satisfied
or complied with by such Purchaser at or before the Closing.

         7.3.     NO INJUNCTION. No statute, rule, regulation, executive order,
decree, ruling or injunction shall have been enacted, entered, promulgated,
endorsed or threatened or is pending by or before any Governmental Authority of
competent jurisdiction which prohibits or threatens to prohibit the consummation
of any of the transactions contemplated by the Agreements.

         7.4.     CLOSING OF THE ACQUISITION; RECEIPT OF ESCROW FUNDS. All
conditions to closing of the Acquisition shall have been satisfied or waived by
the Company, and the Company shall have received the Escrow Funds from the
Escrow Agent.

                                    SECTION 8

                                  MISCELLANEOUS

         8.1.     GOVERNING LAW.

         (a)      This Agreement shall be governed in all respects by the laws
of the State of Delaware, without giving effect to the conflict of law rules
thereof to the extent that the application of the law of another jurisdiction
would be required thereby.

<PAGE>
         (b)      Each of the parties hereto acknowledges and agrees that
damages will not be an adequate remedy for any material breach or violation of
this Agreement if such material breach or violation would cause immediate and
irreparable harm (an "Irreparable Breach"). Accordingly, in the event of a
threatened or ongoing Irreparable Breach, each party hereto shall be entitled to
seek, in any state or federal court in the State of Delaware, equitable relief
of a kind appropriate in light of the nature of the ongoing or threatened
Irreparable Breach, which relief may include, without limitation, specific
performance or injunctive relief; provided, however, that if the party bringing
such action is unsuccessful in obtaining the relief sought, the moving party
shall pay the non-moving party's reasonable costs, including attorney's fees,
incurred in connection with defending such action. Such remedies shall not be
the parties' exclusive remedies, but shall be in addition to all other remedies
provided in this Agreement, and this provision shall survive the termination of
this Agreement.

         8.2.     SURVIVAL. The representations, warranties, covenants and
agreements made herein shall survive any investigation made by the Purchasers
and the closing of the transactions contemplated hereby until the three year
anniversary date of the Closing.

         8.3.     SUCCESSORS AND ASSIGNS. Except as otherwise provided herein,
the provisions hereof shall inure to the benefit of, and be binding upon, the
successors, assigns, heirs, executors and administrators of the parties hereto,
provided that the rights of the Purchasers to purchase the Shares and/or Notes
shall not be assignable without the consent of the Company, not to be
unreasonably withheld, other than to Affiliates. Upon issuance of the Notes, the
rights, interests or obligations of (i) the Company thereunder may not be
assigned, by operation of law or otherwise, in whole or in part, by the Company
without the prior written consent of the holders of a majority in principal
amount of the Notes and (ii) each Holder thereunder may be assigned to any of
its Affiliates.

         8.4.     AMENDMENT AND WAIVER. This Agreement may not be amended or
waived except in writing executed by the party against which such amendment or
waiver is sought to be enforced. No course of dealing between or among any
Persons having any interest in this Agreement will be deemed effective to modify
or amend any part of this Agreement or any rights or obligations of any person
under or by reason of this Agreement.

<PAGE>

         8.5.     NOTICES, ETC. All notices and other communications required or
permitted hereunder shall be in writing and shall be mailed by United States
mail, postage prepaid, by reliable overnight delivery service such as UPS or
FedEx, or by facsimile transmission, or otherwise delivered by hand or by
messenger, addressed (a) if to any Purchaser, at the Purchaser's address set
forth on the Subscription Agreement, or at such other address as such Purchaser
shall have furnished to the Company in writing in the manner set forth herein,
with a copy to the Purchasers' Counsel listed below, (b) if to any other holder
of any shares, at such address as such holder shall have furnished the Company
in writing, or, until any such holder so furnishes an address to the Company,
then to and at the address of the last holder of such shares who has so
furnished an address to the Company, with a copy to the Purchasers' Counsel
listed below, or (c) if to the Company, one copy should be sent to the Company
at the address listed below, in each case with a copy to the Placement Agent at
the address also listed below. In the event that any notice or other
communication is sent by facsimile transmission to the Company, such
transmission shall be followed immediately by overnight delivery to the Company
of such notice or other communication.

Company:                                        Placement Agent:
-------                                         ---------------

Indus International, Inc..                      C.E. Unterberg, Towbin
3301 Windy Ridge Parkway                        350 Madison Avenue
Atlanta, Georgia 30339                          New York, New York  10017
Attention:  Adam Battani                        Attention: Mark G. Hadlock
Facsimile:  (770) 989-4488                      Facsimile:  (212) 389-8401

                                                with a copy to:
                                                --------------
with a copy to:
                                                Placement Agent Counsel:
Company Counsel:
                                                Mayer, Brown, Rowe & Maw
Alston & Bird LLP                               1675 Broadway, Suite 1900
One Atlantic Center                             New York, New York  10019
1201 West Peachtree Street                      Attention:  Ronald S. Brody
Atlanta, Georgia  30309-3424                    Facsimile: (212) 262-1910
Attention:  Scott Ortwein
Facsimile: (404) 253-8376

         Each such notice or other communication shall for all purposes of this
Agreement be treated as effective or having been given when delivered, or if by
facsimile transmission, as indicated by the facsimile imprint date.

         8.6.     DELAYS OR OMISSIONS; RIGHTS CUMULATIVE. Except as expressly
provided herein, no delay or omission to exercise any right, power or remedy
accruing to any Purchaser upon any breach or default of the Company under the
Agreements shall impair any such right, power or remedy of such Purchaser, nor
shall it be construed to be a waiver of any such breach or default, or an
acquiescence therein, or of any similar breach or default thereafter occurring;
nor shall any waiver of any single breach or default be deemed a waiver of any
other breach or default theretofore or thereafter occurring. Any waiver, permit,
consent or approval of any kind or character on the part of any Purchaser of any
breach or default under this Agreement, or any waiver on the part of any party
hereto of any provisions or conditions of this Agreement, must be in writing and
shall be effective only to the extent specifically set forth in such writing.
All remedies, either under this Agreement or by law or otherwise afforded to any
Purchaser, shall be cumulative and not alternative.

<PAGE>

         8.7.     EXPENSES. The Company shall pay the reasonable and documented
fees and expenses incurred by Purchasers in connection with the transactions
contemplated hereby including, without limitation, legal expenses of Willkie
Farr & Gallagher, as counsel to Warburg, Pincus Investors, L.P., and accounting
fees, which transaction fees will be reasonably and customary for transactions
of this type ("Transaction Fees"). Payments due pursuant to this Section 8.7
will be made at the Closing, in the event the Closing occurs, or if the Closing
does not occur then upon termination of this Agreement, and in any event, any
remaining payments will be made not later than 30 days after a bill for such
fees and expenses has been sent by any Purchaser to the Company. The obligations
under this Section 8.7 will survive any termination of this Agreement.

         8.8      SUBSCRIPTION AGREEMENT; COUNTERPARTS. Persons may become
parties to this Agreement by executing the Subscription Agreement, which may be
executed in two or more identical counterparts and by facsimile, each of which
shall be deemed an original and all of which shall constitute one and the same
agreement. Any signature that is delivered by facsimile transmission shall be
valid and binding, with the same force and effect as if an original, manually
signed counterpart.

         8.9.     SEVERABILITY. In the event that any provision of this
Agreement is unenforceable, the remaining provisions shall continue in full
force and effect.

         8.10.    SECTION HEADINGS, ETC. The titles and subtitles used in this
Agreement are used for convenience only and are not considered in construing or
interpreting this Agreement. As used herein, any gender shall include all other
genders, and the singular shall include the plural and vice versa. The terms
"include," "including" and similar terms shall mean include without limitation,
whether by enumeration or otherwise.

         8.11.    NO THIRD-PARTY BENEFICIARIES. This Agreement is intended for
the benefit of the parties hereto and their respective permitted successors and
assigns, and no other person is intended to or shall have any rights hereunder
whether as a third party beneficiary or otherwise.

         8.12.    INDEPENDENT NATURE OF PURCHASERS' OBLIGATIONS AND RIGHTS. The
obligations of each Purchaser hereunder are several and not joint with the
obligations of the other Purchasers hereunder, and no Purchaser shall be
responsible in any way for the performance of the obligations of any other
Purchaser hereunder. The obligations of each Purchaser are not conditioned upon
the action of any other Purchaser. Nothing contained herein or in any other
agreement or document delivered at the Closing, and no action taken by any
Purchaser pursuant hereto or thereto, shall be deemed to constitute the
Purchasers as a partnership, an association, a joint venture or any other kind
of Person, or create a presumption that the Purchasers are in any way acting in
concert with respect to such obligations or the transactions contemplated by
this Agreement. Each Purchaser shall be entitled to protect and enforce its
rights, including, without limitation, the rights arising out of the Agreements,
and it shall not be necessary for any other Purchaser to be joined as an
additional party in any proceeding for such purpose.

         8.13.    FURTHER ASSURANCES; COOPERATION. Each party shall do and
perform, and shall cooperate with and assist each other to do or perform, or
cause to be done and performed, all such further acts and things, and shall
execute and deliver all such other agreements, certificates, instruments and
documents, as the other parties may reasonably request in order to carry out the
intent and accomplish the purposes of the Agreements and the consummation of the
transactions contemplated thereby in a timely manner, and further agrees not to
take any actions, or to permit, authorize or direct any of its affiliates to
take any actions, that would have the effect of delaying, threatening the
success of, or preventing in any way the transactions contemplated by each of
the Agreements.

<PAGE>

         8.14.    PUBLIC STATEMENTS OR RELEASES. Neither the Company nor any
Purchaser shall make any public announcement with respect to the existence or
terms of this Agreement or the transactions provided for herein without the
prior approval of the other parties, which shall not be unreasonably withheld or
delayed. Notwithstanding the foregoing, nothing in this Section 8.14 shall
prevent any party from making any public announcement it considers necessary in
order to satisfy its obligations under the law or the rules of any national
securities exchange or Nasdaq; provided such party, to the extent practicable,
provides the other parties with an opportunity to review and comment on any
proposed public announcement before it is made.

         8.15.    CONFIDENTIALITY. All material, non-public information
disclosed by the Company to the Purchasers pursuant to this Agreement or
otherwise shall be held strictly confidential and used by the Purchasers solely
for evaluating purchases of Securities in this Offering, provided this
obligation shall not apply to any information that is generally available to the
public or becomes available to the public without any disclosure by the
Purchasers or their agents or due to negligence or misconduct of the Purchasers
or their agents or as to which disclosure is required pursuant to court order or
subpoena. The provisions of this Section 8.15 shall not in any way amend or
supercede the provisions of any other confidentiality, non-disclosure or similar
agreement with the Company to which any Purchaser is bound.

         8.16.    ENTIRE AGREEMENT; AMENDMENT. This Agreement, the Escrow
Agreement, the Registration Rights Agreements, the Subscription Agreement and
the other Agreements constitute the entire understanding and agreement between
the Purchasers and the Company with regard to the subject matter. Except as
expressly provided herein, this Agreement, any of the other Agreements or any
term hereof may be amended, modified, waived or discharged only by a written
instrument signed by the party waiving any term, condition, or right or remedy
that benefits it hereunder.

         8.17.    TERMINATION UPON FAILURE TO CLOSE THE ACQUISITION. Except as
otherwise set forth herein and other than the Company's obligations to cause the
Escrow Agent to disburse the Escrow Funds to the Purchasers as set forth under
Section 2.2 therein, in the event that the Company fails to close the
Acquisition on or prior to the Expiration Date, then this Agreement shall
automatically and immediately terminate and be of no further force or effect.

         [The remainder of this page has been intentionally left blank.]

<PAGE>
                             SCHEDULE OF PURCHASERS

<TABLE>
<CAPTION>
PURCHASERS OF THE SHARES                                PURCHASERS OF THE NOTES
------------------------                                -----------------------

<S>                                                     <C>
Millennium Technology Ventures LLP                      Crestview Capital Fund I, LP
Leaf Investment Partners LP                             Crestview Capital Fund II, LP
Leaf Offshore Investment Fund Ltd.                      Amaranth LLC
Michael Glita                                           Mary DeBare
Daniel Burnstein                                        Charles DeBare
Stuart Shapiro Keogh                                    Omicron Master Trust
JR Squared, LLC                                         Cranshire Capital, LP
Jerome Stern                                            F. Nathan & Michael S. Insel Trust FBO Fred S. Nathan,
                                                            ETAL U/Art 3rd - B - U/W Mabel U. Nathan 12/3/92
Straus Partners LP                                      Straus Partners LP
Straus Gept Partners LP                                 Straus Gept Partners LP
Straus Spelman Partners LP                              Straus Spelman Partners LP
Alza Corporation Retirement Plan                        SAS Trust #1
William Lazar                                           SF Capital Partners Ltd.
Morgan Trust Co. of the Bahamas Ltd                     DMG Legacy Fund LLC
Robert Winters                                          DMG Legacy Institutional Fund LLC
City of Milford Pension & Retirement Fund               DMG Legacy International Ltd.
Public Employee Retirement System of Idaho              Bay Star Capital II, LP
Peter Looram                                            Bay Star International II Ltd.
Theeuwes Family Trust                                   Warburg, Pincus Investors LP
Psychology Associates                                   PAW Long Term Partners, LP
Murray Capital LLC                                      Thomas Madison
Dominic Mizio                                           Andrea Madison
Jeanne Morency                                          Stanley Cohen
HBL Charitable Unitrust
Helen Hunt
Susan Uris Halpern
Meehan Foundation
Lazar Foundation
Asphalt Green Inc.
NFIB Serp Assets
Crown Investment Partners LP
Warburg, Pincus Investors LP
PAW Offshore Fund, Ltd.
PAW Partners, LP
Thomas Unterberg
Ellen Celli
Emily Satloff
Ellen Celli Family Trust
Emily Satloff Family Trust
TIU Grandchildren's Trust
Marjorie & Clarence Unterberg Foundation
CEUT Capital Partners I, LP
UT Technology Partners I, LP
UT Technology Partners II, LP
UT Technology Fund, Ltd.
Andrew Arno
Andrew Arno ACF Matthew
Arno Andrew Arno ACF Jesse Benjamin Arno
Elizabeth Arno
James Borner
Valor Holdings, Inc.
Kensington LP
David House
</TABLE>

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