Document:

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                                                                    EXHIBIT 10.1

                                   DQE, INC.
                  1996 STOCK PLAN FOR NON-EMPLOYEE DIRECTORS

Article I.     Purpose and Adoption of the Plan

     1.01      Purpose. The purpose of the DQE, Inc. 1996 Stock Plan for Non-
Employee Directors is to provide a vehicle for the replacement of the
Corporation's Outside Directors' Retirement Plan, to increase the ownership
interest in the Corporation of Non-Employee Directors whose services are
considered essential to the Corporation's continued progress, to align such
interests with those of the shareholders of the Corporation and to provide a
further incentive to serve as a Director of the Corporation.

Article II.    Definitions

     For purposes of this Plan, the capitalized terms set forth below shall have
the following meanings:

     2.01      Board means the Board of Directors of the Corporation.

     2.02      Committee means the Compensation Committee of the Board or such
other committee of the Board as the Board may designate.

     2.03      Corporation means DQE, Inc., a Pennsylvania corporation, and its
successors and assigns.

     2.04      Date of Grant means the date as of which an award of shares of
Stock are granted in accordance with Section 5.01.

     2.05      Director means a member of the Board.

     2.06      Disability means any physical or mental injury or disease of a
permanent nature which renders a Participant incapable of meeting the
requirements of service as a Director. The determination of whether a
Participant is disabled shall be made by the Committee in its sole and absolute
discretion.

     2.07      Effective Date means December 31, 1996.

     2.08      Existing Non-Employee Director means a Non-Employee Director who
was a Director on the Effective Date.
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     2.09      Fair Market Value means, so long as the Stock is listed on the
New York Stock Exchange, the mean between the highest and lowest sales prices
per share of the Stock as quoted in the NYSE-Composite Transactions listing in
The Wall Street Journal (or such other reliable publication as the Board, in its
discretion, may determine to rely upon) for the date as of which fair market
value is to be determined. If there are no sales on such date, then fair market
value shall be determined by taking a weighted average of the mean between the
highest and lowest selling prices per share of the Stock as so quoted on the
nearest date before and the nearest date after the date as of which fair market
value is to be determined on which there are sales. The average should be
weighted inversely by the respective numbers of days between the selling dates
and the date as of which fair market value is to be determined. If the Stock is
not listed on the New York Stock Exchange on the date as of which fair market
value is to be determined, the Board shall in good faith determine the fair
market value of the Stock on such date. Fair market value shall be determined
without regard to any restriction other than a restriction which, by its terms,
will never lapse.

     2.10      Initial Service Date means the date on which a Participant is
first elected or appointed a Non-Employee Director. The Initial Service Date may
be prior to the Effective Date.

     2.11      New Non-Employee Director means a Non-Employee Director whose
Initial Service Date occurs after the Effective Date.

     2.12      Non-Employee Director means a Director who is not an employee of
the Corporation or any subsidiary thereof.

     2.13      Participant means any person eligible, pursuant to Section 3.02,
to participate under the Plan.

     2.14      Plan means the DQE, Inc. 1996 Stock Plan for Non-Employee
Directors, as the same may be amended from time to time.

     2.15      Restricted Stock means shares of Stock awarded to a Participant
subject to the restrictions as described in Sections 5.02 and 5.03.

     2.16      Retirement means a Director's mandatory retirement pursuant to
the then-existing retirement policy of the Board.

     2.17      Stock means the common stock, no par value, of the Corporation.

     2.18      Vested Stock means shares of Stock awarded to a Participant not
subject to the restrictions described in Sections 5.02 and 5.03 (other than the
restrictions imposed by law).

Article III.   Administration and Participation

     3.01      Administration. The Plan shall be administered by the Committee
which shall have exclusive and final authority and discretion in each
determination, interpretation or other action affecting the Plan and its
Participants. The Committee shall have the sole and absolute authority and
discretion to interpret the Plan, to establish and modify administrative rules
for the

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Plan, to impose such conditions and restrictions as it determines appropriate
and to take such other actions and make such other determinations in connection
with the Plan as it may deem necessary or advisable. Members of the Committee
shall not be liable for actions taken by the Committee in good faith.

     3.02      Eligibility. All Non-Employee Directors shall participate in the
Plan.

Article IV.    Stock Issuable under the Plan

     4.01      Source of Shares. The Stock to be offered under the Plan shall be
authorized and unissued Stock, subject to the applicable requirements of the New
York Stock Exchange, or Stock which shall have been reacquired by the
Corporation and held in its treasury.

     4.02      Shares Subject to Terminated Awards. Shares of Restricted Stock
forfeited as provided in Section 5.03(b) may again be issued under the Plan.

Article V.     Stock Awards

     5.01      Stock Grants and Issuance of Shares.

               (a)  Existing Non-Employee Directors. As of the Effective Date,
each Existing Non-Employee Director shall receive, automatically and without
further action by the Board or the Committee, a one-time award of cash, shares
of Restricted Stock and shares of Vested Stock in the amounts reflected in
Schedule A.

               (b)  New Non-Employee Directors. Subject to Section 7.02, each
New Non- Employee Director shall receive as of his or her Initial Service Date,
automatically and without further action by the Board or the Committee, a one-
time award of Restricted Stock in respect of 4,150 shares of Stock; provided,
however, that a New Non-Employee Director shall receive a pro-rated award if his
or her Initial Service Date occurs within ten (10) years of his or her
anticipated Retirement date.

               (c)  Issuance of Stock. As of the Date of Grant of Stock, the
Corporation shall cause to be transferred on the books of the Corporation shares
of Stock, registered on behalf of the Participant, evidencing such award, but
subject to forfeiture retroactive to the Date of Grant if a Stock Plan Agreement
delivered to the Participant by the Corporation with respect to the award is not
duly executed by the Participant and timely returned to the Corporation. If
stock certificates are issued with respect to an award of Stock, until the lapse
of all restrictions applicable to an award of Restricted Stock, such stock
certificates may be held in custody by the Corporation or its designee.

     5.02      Restrictions on Restricted Stock.

               (a)  Shareholder Rights. The Participant shall be the outright
owner of Vested Stock from and after the Date of Grant thereof, subject only to
such restrictions as may be imposed by law and the execution of a Stock Plan
Agreement as provided in Section 5.02(a).

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Restricted Stock shall be subject to the additional restrictions and other
provisions set forth in this Section 5.02 and Section 5.03 hereof. Beginning on
the Date of Grant of the Restricted Stock, but subject to the execution of a
Stock Plan Agreement as provided in Section 5.02(a), the Participant shall
become a shareholder of the Corporation with respect to all Stock subject to the
Plan and shall have all of the rights of a shareholder, including, but not
limited to, the right to vote such Stock and the right to receive dividends and
other distributions paid with respect to such Stock; provided, however, that all
dividends on Restricted Stock payable during the restriction period shall be
subject to the provisions hereinafter set forth. As a condition of receiving an
award under this Plan, each Non-Employee Director shall irrevocably and
unconditionally assign to the Corporation any and all cash and non-cash
dividends and other distributions paid with respect to the Restricted Stock
during the restriction period; provided further, however, that any Stock
distributed as a dividend or otherwise with respect to the Restricted Stock
during the restriction period shall not be subject to such assignment, shall be
subject to the same restrictions as the Restricted Stock and shall be held as
prescribed in Section 5.02(a). Within thirty (30) days following the date of
lapse of the restrictions (other than by reason of forfeiture) with respect to
all or any portion of the Restricted Stock, the Corporation shall pay to the
Participant in cash an amount equal to the value of all of the dividends which
were payable with respect to such shares during the restriction period.

               (b)  Restriction on Transferability. None of the Restricted Stock
may be assigned, transferred (other than by will or the laws of descent and
distribution), pledged, sold or otherwise disposed of prior to lapse of the
restrictions applicable thereto.

               (c)  Delivery of Stock Upon Lapse of Restrictions. As promptly as
administratively feasible after the lapse of restrictions on Restricted Stock,
the Corporation shall deliver to the Participant or, in case of the
Participant's death, to the Participant's legal representatives, one or more
stock certificates for the appropriate number of shares of Stock, free of all
such restrictions, except for any restrictions that may be imposed by law.

     5.03      Restriction Period, Vesting and Forfeiture of Restricted Stock.

               (a)  Lapse of Restrictions (Vesting). The restrictions set forth
in Section 5.02 shall apply for a period from the Date of Grant until (i) with
respect to ten percent (10%) of the Restricted Stock, the first anniversary of
the Participant's Initial Service Date, (ii) with respect to an additional ten
percent (10%) of the Restricted Stock, for a cumulative total of twenty percent
(20%) of the Restricted Stock, the second anniversary of the Participant's
Initial Service Date, (iii) with respect to an additional ten percent (10%) of
the Restricted Stock, for a cumulative total of thirty percent (30%) of the
Restricted Stock, the third anniversary of the Participant's Initial Service
Date, (iv) with respect to an additional ten percent (10%) of the Restricted
Stock, for a cumulative total of forty percent (40%) of the Restricted Stock,
the fourth anniversary of the Participant's Initial Service Date, (v) with
respect to an additional ten percent (10%) of the Restricted Stock, for a
cumulative total of fifty percent (50%) of the Restricted Stock, the fifth
anniversary of the Participant's Initial Service Date, (vi) with respect to an
additional ten percent (10%) of the Restricted Stock, for a cumulative total of
sixty percent (60%) of the Restricted Stock, the sixth anniversary of the
Participant's Initial Service Date, (vii) with respect to an additional ten
percent (10%) of the Restricted Stock, for a cumulative total of seventy percent
(70%) of the Restricted Stock, the seventh anniversary of the Participant's
Initial Service Date, (viii) with respect to an additional ten percent (10%) of
the

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Restricted Stock, for a cumulative total of eighty percent (80%) of the
Restricted Stock, the eighth anniversary of the Participant's Initial Service
Date, (ix) with respect to an additional ten percent (10%) of the Restricted
Stock, for a cumulative total of ninety percent (90%) of the Restricted Stock,
the ninth anniversary of the Participant's Initial Service Date, and (x) with
respect to the balance of the Restricted Stock, the tenth anniversary of the
Participant's Initial Service Date. Notwithstanding the foregoing, the vesting
schedule with respect to Existing Non-Employee Directors shall be adjusted
appropriately to take account of the fact that a portion of their award consists
of cash and Vested Stock. In applying the foregoing vesting schedule, any
fractional share shall be rounded up to the next highest whole share. Existing
Non-Employee Directors, but not New Non-Employee Directors, shall have the right
to elect in writing upon the vesting of any Restricted Stock to surrender one-
half (1/2) of such vested Restricted Stock and receive in lieu thereof a cash
payment equal to the Fair Market Value of such surrendered shares determined as
of the vesting date.

               (b)  Forfeiture of Restricted Stock. Subject to the last two
sentences of this Section 5.03(b), all Restricted Stock with respect to which
the restriction period shall not have previously lapsed in accordance with
Section 5.03(a) shall be forfeited and returned to the Corporation, and all
rights of the Participant with respect to such Restricted Stock shall cease and
terminate in their entirety, if during the restriction period the service of the
Participant as a Director terminates for any reason. Notwithstanding the
foregoing, in the event of the cessation of a Participant's service as a
Director by reason of death, Disability or Retirement, all restrictions imposed
on Restricted Stock, other than those imposed by applicable law, shall
immediately and fully lapse.

Article VI.    Amendment and Termination of the Plan

     6.01      Amendment. The Board shall have complete power and authority to
amend the Plan at any time it deems necessary or appropriate. No termination
or amendment of the Plan may, without the consent of the Participant to whom any
award shall theretofore have been granted under the Plan, adversely affect the
right of such individual under such award.

     6.02      Termination. The Board shall have the right and the power to
terminate the Plan at any time. No award shall be granted under the Plan after
the termination of the Plan, but the termination of the Plan shall not have any
other effect and any award outstanding at the time of the termination of the
Plan and shall continue in effect in accordance with its terms as if the Plan
has not terminated.

Article VII.   Miscellaneous

     7.01      Limitations on Transfer. The rights and interest of a Participant
under the Plan may not be assigned or transferred other than by will or the laws
of descent and distribution. During the lifetime of a Participant, only the
Participant personally may exercise rights under the Plan.

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<PAGE>

     7.02      Adjustments to Reflect Capital Changes. The number of shares of
Restricted Stock issuable to each New Non-Employee Director pursuant to Section
5.01(b) shall be appropriately adjusted to reflect any stock dividend, stock
split, combination or exchange of shares, merger, consolidation or other change
in capitalization with a similar substantive effect upon the Plan. The Committee
shall have the power and sole discretion to determine the nature and amount of
the adjustment, if any, to be made pursuant to this Section 7.02.

     7.03      Notice. Every notice or other communication relating to this Plan
shall be in writing and shall be mailed to or delivered to the party for whom it
is intended at such address as may from time to time be designated by it in a
notice mailed or delivered to the other party as herein provided; provided,
however, that unless and until some other address be so designated, all notices
or communications by the Participant to the Corporation shall be mailed or
delivered to the Corporation at its offices at 411 Seventh Avenue, Pittsburgh,
Pennsylvania 15230 and all notices or communications by the Corporation to the
Participant may be given to the Participant personally or may be mailed to him
or her at the Participant's address as reflected in the records of the
Corporation.

     7.04      Governing Law. The Plan and all determinations made and actions
taken pursuant to the Plan shall be governed by the laws of the Commonwealth of
Pennsylvania other than the conflict of laws provisions of such laws, and shall
be construed in accordance therewith.

     7.05      No Strict Construction. No rule of strict construction shall be
implied against the Corporation, the Committee, or any other person in the
interpretation of any of the terms of the Plan, any award granted under the Plan
or any rule or procedure established by the Committee.

     7.06      Captions. The captions (i.e., all Section and subsection
headings)used in the Plan are for convenience only, do not constitute a part of
the Plan, and shall not be deemed to limit, characterize or affect in any way
any provisions of the Plan, and all provisions of the Plan shall be construed as
if no captions had been used in the Plan.

     7.07      Severability. Whenever possible, each provision in the Plan shall
be interpreted in such manner as to be effective and valid under applicable law,
but if any provision of the Plan shall be held to be prohibited by or invalid
under applicable law, then (a) such provision shall be deemed amended to
accomplish the objectives of the provision as originally written to the fullest
extent permitted by law and (b) all other provisions of the Plan shall remain in
full force and effect.

     7.08      Legends. All certificates for Stock delivered under the Plan
shall be subject to such transfer restrictions set forth in the Plan and such
other restrictions as the Committee may deem advisable under the rules,
regulations and other requirements of the Securities and Exchange Commission,
any stock exchange upon which the Stock is then listed and any applicable
federal or state securities law, and the Committee may cause a legend or legends
to be endorsed on any such certificates making appropriate references to such
restrictions.

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                                  SCHEDULE A
                   Grants to Existing Non-Employee Directors

                                     Number of Shares of  Number of Shares
Name                Amount of Cash    Restricted Stock    of Vested Stock
----               ----------------  -------------------  ----------------

Daniel Berg             124,592                    0             4,154
Doreen E. Boyce         120,713                    0             4,024
Robert P. Bozzone        69,187                3,075             2,307
Sigo Falk               119,370                    0             3,979
William H. Knoell       125,644                    0             4,189
Robert Mehrabian         50,718                3,382             1,691
Thomas J. Murrin         47,790                3,186             1,593
Eric W. Springer        124,592                    0             4,154
<PAGE>

ATTEST:                                 DQE, INC.

  /s/ Diane S. Eismont                  BY:   /s/ David D. Marshall
------------------------                   ------------------------
Secretary                               Title:  President and Chief
                                                 Executive Officer

Effective December 31, 1996<PAGE>

                                                                    Exhibit 10.1

             FIRST AMENDMENT TO NOTE PURCHASE AGREEMENT AND WAIVER

     This FIRST AMENDMENT TO NOTE PURCHASE AGREEMENT AND WAIVER (this "First
Amendment") is dated as of August 1, 2000 ("First Amendment Date") and entered
into by and between iGate Capital Corporation, formerly known as Mastech
Corporation, a Pennsylvania corporation (the "Company"), and GE Capital Equity
Investments, Inc., a Delaware corporation ("GE Capital"), and amends the Note
Purchase Agreement, dated as of July 22, 1999, by and between the Company and GE
Capital (the "Original Note Purchase Agreement").

                                   WITNESSETH

     WHEREAS, following an internal reorganization of the Company that was
announced in March 2000, there have occurred certain Events of Default under the
Original Note Purchase Agreement;

     WHEREAS, the Company has requested certain amendments to the terms of the
Original Note Purchase Agreement and certain waivers of those Events of Default
specified herein;

     WHEREAS, GE Capital has agreed to make such amendments and waivers upon the
terms and conditions set forth herein; and

     WHEREAS, concurrently with the execution of this First Amendment, the
Company is entering into (i) a Credit Agreement dated as of August 1, 2000  with
certain financial institutions party thereto, as lenders, and PNC Bank, National
Association, as Agent and as Swing Loan Lender and Issuing Bank, and (ii)
certain related ancillary documents thereto, including, without limitation,
security agreements, a patent, trademark and copyright security agreement,
subsidiary guaranty agreements and pledge agreements (the documents in (i) and
(ii), collectively, the "New Credit Agreement");

     NOW, THEREFORE, in consideration of the foregoing premises, the mutual
covenants and agreements contained herein and other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, and
with the intent to be legally bound hereby, the parties hereto agree as follows:

                                   ARTICLE I
                 AMENDMENTS TO ORIGINAL NOTE PURCHASE AGREEMENT

     Section 1.1  Amendments to Section 1 of the Original Note Purchase
                  -----------------------------------------------------
Agreement.
---------

     (a) The following defined terms and the definitions therefor amend and
restate the following terms defined in Section 1 of the Original Note Purchase
Agreement:
<PAGE>

          "Cash Equivalents" shall mean (a) securities issued or directly and
fully guaranteed or insured by the United States Government or any agency or
instrumentality thereof, (b) time deposits, certificates of deposit and
eurodollar time deposits, bankers' acceptances and overnight bank deposits, in
each case with any Lender or with any domestic commercial bank having capital
and surplus in excess of $500,000,000 (c) notes and bonds issued by domestic
corporations having a rating of at least A-1 by S&P or P-1/VMG-1 by Moody's, if
short term, or double "A" or higher by S&P and Moody's, if long term, (d) tax-
exempt money market securities, (e) notes and bonds issued by state and
municipal governments, and (f) money market mutual funds; provided however, that
                                                          -------- -------
(x) at least one-third of the value of the Cash Equivalents shall have a maximum
weighted average to maturity of not more than six (6) months and the remaining
value of the Cash Equivalents shall have a maximum weighted average to maturity
of not more than eighteen (18) months and (y) the Cash Equivalents which are of
a type customarily rated by S&P and Moody's, must have a rating of at least A-1
by S&P or P-1/VMG-1 by Moody's, if short term, or double "A" or higher by S&P
and Moody's, if long term.

          "Credit Agreement" shall mean the Credit Agreement dated as of  August
1, 2000, among the Company, as borrower, the financial institutions party
thereto, as lenders, and PNC Bank, National Association, as Agent and as Swing
Loan Lender and Issuing Bank, and the related ancillary documents thereto,
including, without limitation, the security agreements, the patent, trademark
and copyright security agreements, the subsidiary guaranty agreements and the
pledge agreements.

          "Indebtedness" shall mean as to any Person at any time, any and all
indebtedness, obligations or liabilities (whether matured or unmatured,
liquidated or unliquidated, direct or indirect, absolute or contingent or joint
and several) of such Person for or in respect of: (a) borrowed money (including,
without limitation, reimbursement and all other obligations with respect to
surety bonds, letters of credit and bankers' acceptances, whether or not
matured, but not including obligation trade payables and accrued expenses in the
ordinary course of business which are not represented by a promissory note or
other evidence of indebtedness), (b) amounts raised under or liabilities in
respect of any note purchase or acceptance credit facility, (c) reimbursement
obligations (contingent or otherwise) under any letter of credit, forward
exchange agreement, currency swap agreement, hedging contracts, Interest Rate
Hedge Agreement or other interest rate management device, raw materials
management device, (d) any other transaction (including forward sale or purchase
agreements, capitalized leases and conditional sales agreements) having the
commercial effect of a borrowing of money entered into by such Person to finance
its operations or capital requirements (but not including trade payables and
accrued expenses incurred in the ordinary course of business which are not
represented by a promissory note or other evidence of indebtedness), (e) any
obligation or liability as a general partner in any general or limited
partnership, or (f) any Guaranty of any of the foregoing.

                                       2
<PAGE>

          "Note" shall mean the Amended and Restated Convertible Promissory Note
of Company in the principal amount of $20,000,000 to be issued to Purchaser in
connection with the First Amendment amending and restating the convertible
promissory note dated July 22, 1999 issued to Purchaser by Company in connection
with the Original Note Purchase Agreement.

          "Performance Revenue Targets" shall mean the following Performance
Revenue targets:

<TABLE>
<CAPTION>

           Year Ended                       Target
           ----------                     -----------
          <S>                             <C>

          June 30, 2000                   $23,200,000
          June 30, 2001                   $33,600,000
          June 30, 2002                   $40,800,000

          Cumulative Three-Year Target    $97,600,000
</TABLE>

          "Subsidiary" of any Person at any time shall mean (a) any corporation
or trust of which 51% or more (by number of shares or number of votes) of the
outstanding capital stock or shares of beneficial interest normally entitled to
vote for the election of one or more directors or trustees (regardless of any
contingency which does or may suspend or dilute the voting rights) is at such
time owned directly or indirectly by such Person or one or more of such Person's
Subsidiaries, (b) any partnership of which 51% or more of the partnership
interests is at the time directly or indirectly owned by such Person or one or
more of such Person's Subsidiaries or (c) any limited liability company of which
such Person is a member or of which 51% or more of the limited liability company
interests is at the time directly or indirectly owned by such Person or one or
more of such Person's Subsidiaries.

          "Target Percentage Achieved" shall mean that percentage obtained by
dividing (i) the cumulative Performance Revenues achieved for the period
commencing July 1, 1999 through the relevant date, by (ii) $97,600,000.

          "Target Percentage Shortfall" shall mean that percentage which is
obtained by dividing (i) the difference of $97,600,000 less the cumulative
Performance Revenues achieved for the period commencing July 1, 1999 through
June 30, 2002, by (ii) $97,600,000.

(b)  The following defined terms and the definitions therefor are hereby added
     to Section 1 of the Original Note Purchase Agreement and inserted in
     correct alphabetical order:

          "Consolidated Tangible Net Worth" shall mean shareholders' equity

minus intangible assets of any Person determined on a consolidated basis in
-----
accordance with GAAP.

                                       3
<PAGE>

          "Interest Rate Hedge Agreement" shall mean any interest rate swap
agreement, interest rate cap agreement, interest rate collar agreement, interest
rate insurance or any other agreement or arrangement designed to provide
protection against fluctuations in interest rates.

          "Leverage Ratio" shall mean the ratio of (a) the consolidated
Indebtedness of Company and its Subsidiaries, to (b) the sum of (i) the
Consolidated Tangible Net Worth of Company and its Subsidiaries and (ii) the
consolidated Indebtedness of Company and its Subsidiaries, all calculated in
accordance with GAAP.

          "Staffing Divestiture" shall mean the disposition, approved by the
Board of Directors of Company of the following entities: Mastech Quantum
Information Resources Ltd.; Goldstar Computer Systems, Inc.; Silverside Computer
Systems, Inc.; Quantum Group, Inc.; Quantum Information Resources, Inc.; Mastech
Asia Pacific Pty, Ltd.; Mastech Asia Pacific (NT) Pty, Ltd; MC Computer Services
Pty, Ltd.; Direct Resources Scotland Ltd; Chen & McGinley, Inc.; Mastech
Application Services, Inc.; and "Staffing" Division of Emplifi, Inc.; provided,
however, that, other than with respect to the business of Mastech Quantum
Information Resources Ltd. in Canada, the Staffing Divestiture shall not include
any entity that provides IT Services to the GE Equity Companies.

     (c) The following defined terms and the definitions therefor are hereby
deleted from the Section 1 of the Original Note Purchase Agreement:

          "Consolidated Cash" shall mean Company's and its Subsidiaries cash
consolidated in accordance with GAAP.

          "Consolidated Cash Equivalents" shall mean Company's and its
Subsidiaries' Cash Equivalents consolidated in accordance with GAAP.

          "Consolidated Interest Expense" shall mean any Person's interest
expense, consolidated in accordance with GAAP.

          "Consolidated Net Worth" shall mean stockholders' equity of  any
Person consolidated in accordance with GAAP.

          "Consolidated Receivables" shall mean Company's and its Subsidiaries'
receivables consolidated in accordance with GAAP.

          "Consolidated Senior Indebtedness" shall mean Indebtedness of Company
and its Subsidiaries consolidated in accordance with GAAP, which Indebtedness by
its terms is not subordinated to the payment in full of the Note in a manner in
form and substance satisfactory to Purchaser.

                                       4
<PAGE>

          "Consolidated Senior Indebtedness to EBITDA Ratio" shall mean, as of
any date of determination, the ratio of the Company's Consolidated Senior
Indebtedness as of the end of the Company's most recently completed Fiscal
Quarter to Company's EBITDA for Company's four most recently completed Fiscal
Quarters treated as a single accounting period.

          "EBIT" shall mean the consolidated operating income (before
extraordinary items, interest, taxes) of such Person and its consolidated
Subsidiaries determined in accordance with GAAP.

          "EBITDA" shall mean the consolidated operating income (before
extraordinary items, interest, taxes, depreciation and amortization) of such
Person and its consolidated Subsidiaries determined in accordance with GAAP.

     Section 1.2  Amendment to Section 5.2(d) of the Original Note Purchase
                  ---------------------------------------------------------
Agreement.  Section 5.2(d) of the Original Note Purchase Agreement is hereby
---------
amended and restated in its entirety to read as follows:

     (d) Disposition of Assets or Subsidiaries.  The Company shall comply with
         -------------------------------------
the covenants of the Credit Agreement relating to dispositions of assets or
subsidiaries.  Excluding the payment of cash as consideration for assets
purchased by, or services rendered to, Company or any Subsidiary, subject to
paragraph (c) above, neither Company nor any of its Subsidiaries shall sell,
convey, assign, lease, or otherwise transfer or dispose of, voluntarily or
involuntarily, any of its properties or assets, tangible or intangible
(including but not limited to sale, assignment, discount or other disposition or
Receivables, contract rights, chattel paper, equipment or general intangibles
with or without recourse or of capital stock, shares or beneficial interests or
partnership interests in Subsidiaries) (each, a "Disposition"), if such
Disposition involves assets in excess of $50,000,000 other than (i) the Staffing
Divestiture, or (ii) the granting of Permitted Liens pursuant to the Credit
Agreement; provided, however, the exercise of rights with respect to the such
Permitted Liens (including, without limitation, foreclosure) against the assets
of the Company shall constitute an Event of Default under this Section 5.2(d).

     Section 1.3   Amendment to Section 2.3 of the Original Note Purchase
                   ------------------------------------------------------
Agreement.  Section 2.3 of the Original Note Purchase Agreement is hereby
---------
amended and restated in its entirety to read as follows:

     Optional Prepayment.  At any time and from time to time, following the
     -------------------
third anniversary of the Closing Date, if the Performance Revenues do not equal
or exceed $97,600,000 at June 30, 2002, Company shall have the right, without
premium or penalty, and on thirty (30) days' prior written notice to Purchaser,
to voluntarily prepay at a price equal to 100% of the face amount thereof, that
portion (in multiples of not less than $500,000 or the amount outstanding on the
Note) of the outstanding principal amount of the Note which equals the Target
Percentage Shortfall. Each prepayment shall be accompanied by the payment of
accrued and unpaid interest on the amount being prepaid, through the date of
prepayment. Company shall not have any other right to prepay the Note.

                                       5
<PAGE>

     Section 1.4  Amendment to Section 5.2(i) of the Original Note Purchase
                  ---------------------------------------------------------
Agreement.  Section 5.2(i) of the Original Note Purchase Agreement is hereby
---------
amended and restated in its entirety to read as follows:

          (i)  Financial Covenants.
               --------------------

               (a) Minimum Consolidated Tangible Net Worth.  Company shall not
                   ----------------------------------------
          at any time permit its Consolidated Tangible Net Worth of Company and
          its Subsidiaries, measured as of the last day of each Fiscal Quarter,
          to be less than an amount equal to the sum of $100,000,000.

               (b) Minimum Cash and Cash Equivalents.  Company shall not permit
                   ---------------------------------
          the sum of the cash and Cash Equivalents of Company and its
          Subsidiaries to be less than $30,000,000 at any time.

               (c) Maximum Leverage. Company shall not at any time permit the
                   -----------------
          Leverage Ratio, measured as of the last day of each Fiscal Quarter, to
          exceed 0.5:1.0.

     Section 1.5  Amendment to Section 8.1(f) of the Original Note Purchase
                  ---------------------------------------------------------
Agreement.  Section 8.1(f) of the Original Note Purchase Agreement is hereby
---------
amended and restated in its entirety to read as follows:

          (f) Assets of Company or any of its Subsidiaries with a value of more
     than $500,000 shall be attached, seized, levied upon or subjected to a writ
     or distress warrant, or come within the possession of any receiver,
     trustee, custodian or assignee for the benefit of creditors of Company or
     any of its Subsidiaries and shall remain unstayed or undismissed for sixty
     (60) consecutive days; or Company or any of its Subsidiaries shall have
     concealed, removed or permitted to be concealed or removed, any part of its
     property, with intent to hinder, delay or defraud its creditors or any of
     them or made or suffered a transfer of any of its property or the incurring
     of an obligation which may be fraudulent under any bankruptcy, fraudulent
     conveyance or other similar law.

     Section 1.6  Amendment to the first paragraph of Section 7.1 of the
                  ------------------------------------------------------
Original Note Purchase Agreement.  The first paragraph of Section 7.1 of the
--------------------------------
Original Note Purchase Agreement is hereby amended and restated in its entirety
to read as follows:

     Subject to the  provisions for adjustment hereinafter set forth, the
outstanding principal amount of the Note shall be convertible, in whole or in
part, at any time and from time to time, at the option of the holder thereof,
under the circumstances set forth in the following sentence (a "Conversion"),
into a number of fully paid and nonassessable shares of Common Stock equal to
the quotient obtained by dividing (A) the principal amount of the Note to be
converted by (B) the Conversion Price (as hereinafter defined).  Purchaser may
elect to cause a Conversion of the Note on or after the occurrence of any

                                       6
<PAGE>

or all of the following events or circumstances: an Extraordinary Default, an
Event of Default, or the third anniversary of the Closing Date. The Conversion
Price shall initially be $14.42 per share and shall be subject to further
adjustments from time to time pursuant to Section 7.1(e) below. If an
Extraordinary Default shall have occurred prior to the third anniversary of the
Closing Date, that portion of the Note which equals the Extraordinary Default
Target Percentage Achieved shall, at the election of the Purchaser, be
convertible into Common Stock; provided, however, that if the Extraordinary
Default Target Percentage Achieved equals 95% or greater, 100% of the Note shall
be convertible into Common Stock. On and after the occurrence of (i) an Event of
Default (other than a Payment Default) or (ii) the third anniversary of the
Closing Date, that portion of the Note which equals the Target Percentage
Achieved shall, at the election of Purchaser, be convertible into Common Stock.

     Section 1.7   Amendment to Section 9.2(a) of the Original Note Purchase
                   ---------------------------------------------------------
Agreement.  Section 9.2(a) of the Original Note Purchase Agreement is hereby
---------
amended and restated in its entirety to read as follows:

     Company agrees to make, and to use its reasonable best efforts to assist
Purchaser in making, appropriate filings of a Notification and Report Form
pursuant to the HSR Act with respect to the transactions contemplated hereby as
promptly as practicable and in any event within 30 days of the written request
of Purchaser, and to supply as promptly as practicable any additional
information and documentary material that may be requested by Purchaser in
connection with the HSR Act and to take all other actions necessary to cause the
expiration or termination of the applicable waiting periods under the HSR Act as
soon as is practicable.  Purchaser shall pay any filing fee required pursuant to
the HSR Act in connection with the transactions contemplated by the Loan
Documents.

     Section 1.8   Amendment to Section 9.11 of the Original Note Purchase
                   -------------------------------------------------------
Agreement. Section 9.11 of the Original Note Purchase Agreement is hereby
---------
amended and restated in its entirety to read as follows:

     Notices.  Except as otherwise provided herein, whenever it is provided
     -------
herein that any notice, demand, request, consent, approval, declaration or other
communication shall or may be given to or served upon any of the parties by
another, or whenever any of the parties desires to give or serve upon another
any such communication with respect to this Agreement, each such notice, demand,
request, consent, approval, declaration or other communication shall be in
writing and either shall be delivered in person with receipt acknowledged or by
registered or certified mail, return receipt requested, postage prepaid, or by
telecopy and confirmed by telecopy answerback addressed as follows:

                                       7
<PAGE>

     If to Company:

     iGate Capital Corporation
     1004 McKee Road
     Oakdale, Pennsylvania  15071
     Attn: Bruce Haney
     Telecopy Number:  (412) 787-9225

     with a copy to:

     Morgan, Lewis & Bockius LLP
     One Oxford Centre
     301 Grant Street, 32ndFloor
     Pittsburgh, Pennsylvania 15219
     Attn:  Marlee S. Myers, Esq.
     Telecopy Number: (412) 560-3399

     If to Purchaser:

     General Electric Capital Corporation
     120 Long Ridge Road
     Stamford, Connecticut  06927
     Attn:  GE Equity - Technology and Communications Group
     Telecopy Number: (203) 357-4565

     with copies to:

     General Electric Capital Corporation
     120 Long Ridge Road
     Stamford, Connecticut  06927
     Attention:  GE Equity Group Legal Counsel
     Telecopy Number: (203) 357-3047

     and

     Weil, Gotshal & Manges LLP
     767 Fifth Avenue
     New York, New York  10153
     Attn:  Michael Lubowitz, Esq.
     Telecopy Number:  (212) 310-8007

or at such other address as may be substituted by notice given as herein
provided.  The giving of any notice required hereunder may be waived in writing
by the party entitled to receive such notice.  Every notice, demand, request,
consent, approval, declaration or other communication hereunder shall be deemed
to have been duly given or served on the date on which personally delivered,
with receipt acknowledged, telecopied and confirmed

                                       8
<PAGE>

by telecopy answerback, or three (3) Business Days after the same shall have
been deposited with the United States mail. Failure or delay in delivering
copies of any notice, demand, request, consent, approval, declaration or other
communication to the Persons designated above to receive copies shall in no way
adversely affect the effectiveness of such notice, demand, request, consent,
approval, declaration or other communication.

                                   ARTICLE II
                           WAIVER AND ACKNOWLEDGMENT

     Section 2.1  GE Capital hereby waives the Defaults and Events of Default
specified in Schedule A hereto relating to the period between July 22, 1999 and
the First Amendment Date, and any and all rights and remedies that would, in the
absence of this waiver, otherwise be available to GE Capital in connection with
such specified Defaults and Events of Default.

     Section 2.2  This First Amendment shall be deemed to be effective
immediately prior to the effectiveness of the New Credit Agreement on the date
hereof.

     Section 2.3  The amendments and waivers set forth in Article I and Article
II hereof, respectively, do not alter, waive or amend, except as expressly
provided in this First Amendment, the provisions of the Original Note Purchase
Agreement.  Except as expressly set forth in this First Amendment, nothing in
this First Amendment shall be deemed or construed as a waiver or release of, or
a limitation upon, the exercise by GE Capital of any rights and remedies under
the Original Note Purchase Agreement, whether arising as a consequence of any
Events of Default which may now exist or otherwise, and any and all such rights
and remedies are hereby expressly reserved.

                                  ARTICLE III
                               PREPAYMENT OF NOTE

     Notwithstanding anything in the Original Note Purchase Agreement to the
contrary, the Company and GE Capital agree that, upon execution and delivery of
this First Amendment, the Company will pay to GE Capital, by wire transfer of
immediately available funds, the sum of TEN MILLION DOLLARS ($10,000,000) (such
sum, the "Principal Prepayment").  GE Capital shall have no obligation to
readvance the Principal Prepayment.  Such Principal Prepayment shall reduce the
principal amount outstanding of the Note dated July 22, 1999 to the amount of
TWENTY MILLION DOLLARS ($20,000,000). To evidence the reduction of the
outstanding principal amount, the Company shall deliver to General Electric
Capital Corporation, 120 Long Ridge Road, Stamford, Connecticut  06927 Attn:  GE
Equity Group - Technology and Communications Group, an amended and restated note
in the form attached as Annex A (the "Amended and Restated Note").  Upon receipt
of the Amended and Restated Note, GE Capital will send the Original Note marked
"$10,000,000 Paid," signed by an authorized officer of GE Capital, by Federal
Express Overnight Delivery, to the attention of Bruce Haney, iGate Capital
Corporation 1004 McKee Road Oakdale, Pennsylvania

                                       9
<PAGE>

15071. Following the wire transfer by the Company of the Principal Prepayment,
any and all references in the Original Note Purchase Agreement, as amended
hereby, to the Note shall be deemed to be a reference to the Amended and
Restated Note.

                                   ARTICLE IV
            REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE COMPANY

     Section 4.1  Representations and Warranties of the Company.  The Company
                  ---------------------------------------------
represents and warrants that:

     (a)  the execution, delivery and performance by Company of this First
Amendment has been duly authorized by all necessary or proper corporate action
and the First Amendment is a legal, valid and binding obligation of Company,
enforceable against it in accordance with its terms, subject to applicable
bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and
similar laws affecting creditors' rights and remedies generally, and subject, as
to enforceability, to general principles of equity, including principles of
commercial reasonableness, good faith and fair dealing (regardless of whether
enforcement is sought in a proceeding at law or in equity).

     (b)  the execution, delivery and performance by Company of this First
Amendment shall not contravene, result in a breach of, or violate, any provision
of Company's articles of incorporation or by-laws; any law or regulation, or any
order or decree of any court or governmental instrumentality, or any indenture,
mortgage, deed of trust, lease, agreement or other instrument to which Company
or any of its Subsidiaries is a party or by which Company, any of its
Subsidiaries or any of their property is bound.

     (c)  other than as specified in Section 2.1, there are no Defaults or
Events of Default which have occurred under the Original Note Purchase
Agreement.

     (d)  subject to the Supplement to Disclosure Schedule attached hereto,

the representations and warranties of the Company contained in the Original Note
Purchase Agreement are true and correct as of the date hereof (except such
representations and warranties that refer to an earlier date which are true and
correct as of such earlier date).

     Section 4.2  Registration Statement on Form S-3.   The Company hereby
                  ----------------------------------
covenants that it will use its best efforts to cause to be declared effective a
Registration Statement on Form S-3 with respect to the shares issuable upon
conversion of the Amended and Restated Note no later than September 15, 2000;
provided, however, that this Section 4.2 shall not be construed to modify any
right or obligation of the parties contained in the Registration Rights
Agreement dated July 22, 1999 between the Company and GE Capital.

                                       10
<PAGE>

                                   ARTICLE V
                               GENERAL PROVISIONS

     Section 5.1  References.  All notices, communications, agreements,
                  ----------
certificates, documents or other instruments executed and delivered after the
execution and delivery of this First Amendment in connection with the Original
Note Purchase Agreement or the transactions contemplated thereby may refer to
the Original Note Purchase Agreement without making any specific reference to
this First Amendment, but nevertheless all such references shall include this
First Amendment unless the context otherwise requires.  From and after the
Amendment Effective Date, all references in the Original Note Purchase Agreement
and the Note to the "Agreement" shall be deemed to be references to the Original
Note Purchase Agreement as amended hereby.

     Section 5.2  Incorporation into Original Note Purchase Agreement.  This
                  ---------------------------------------------------
First Amendment is deemed incorporated into the Original Note Purchase
Agreement.  To the extent that any term or provision of this First Amendment is
or may be deemed expressly inconsistent with any term or provision of the
Original Note Purchase Agreement, the terms and provisions hereof shall control.

     Section 5.3  Capitalized Terms.  Except as otherwise defined herein,
                  -----------------
capitalized terms used but not defined herein shall have the same meanings
herein as are ascribed to them in the Original Note Purchase Agreement, as
amended hereby.

     Section 5.4  Section and Other Headings.  The section and other headings
                  --------------------------
contained in this First Amendment are for reference purposes only and shall not
affect the meaning or interpretation of this First Amendment.

     Section 5.5  Counterparts.  This First Amendment may be executed in any
                  ------------
number of counterparts, each of which shall be deemed to be an original and all
of which together shall be deemed to be one and the same instrument.

     Section 5.6  Publicity.  Neither the Company nor GE Capital shall issue any
                  ---------
press release or make any public disclosure regarding the transactions
contemplated hereby unless such press release or public disclosure is approved
by the other party in advance.  Notwithstanding the foregoing, each of the
parties hereto may, in documents required to be filed by it with the SEC or
other regulatory bodies, make such statements with respect to the transactions
contemplated hereby as each may be advised by counsel is legally necessary or
advisable, and may make such disclosure as it is advised by its counsel is
required by law.

     Section 5.7  Governing Law. This First Amendment shall be governed by, and
                  -------------
construed and enforced in accordance with, the laws of the State of New York
applicable to contracts made and performed in such state, without regard to the
principles thereof regarding conflict of laws, and any applicable laws of the
United States of America.

                                       11
<PAGE>

     Section 5.8  Ratification of Terms.  Except as expressly amended by this
                  ---------------------
First Amendment, subject to the Supplement to Disclosure Schedule attached
hereto, the Original Note Purchase Agreement and each and every representation,
warranty, covenant, term and condition contained therein shall remain in full
force and effect and is specifically ratified and confirmed.

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

                                       12
<PAGE>

     IN WITNESS WHEREOF, the Company and GE Capital have executed this First
Amendment as of the day and year first above written.

                         iGATE CAPITAL CORPORATION

                         By: ________________________________
                         Name:
                         Title:

                         GE CAPITAL EQUITY INVESTMENTS, INC.

                         By: ________________________________
                         Name:
                         Title:

                                       13

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