Document:

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                                                                    EXHIBIT 10.5

                AMENDMENT NO. 2 TO SECURITIES PURCHASE AGREEMENT

                                 August 4, 2003

         Reference is made to that certain Securities Purchase Agreement dated
December 13, 2002 between NETGURU, INC., a Delaware corporation (the "Company")
and LAURUS MASTER FUND, LTD., c/o Ironshore Corporate Services Ltd., P.O. Box
1234 G.T., Queensgate House, South Church Street, Grand Cayman, Cayman Islands
(the "Laurus")(the "Purchase Agreement"). Capitalized terms used herein without
definition shall have the meanings ascribed to such terms in the Purchase
Agreement.

         WHEREAS, the Borrower and Laurus are entering into an additional
financing pursuant to which Laurus will provide a secured revolving line of
credit facility to the Borrower (the "Additional Financing"); and

         WHEREAS, in connection with the extension of the Additional Financing,
Laurus has agreed to change certain terms of the Purchase Agreement and the
Borrower desires to make such changes; and

         NOW, THEREFORE, in consideration for the execution and delivery by the
Borrower of all documents requested by Laurus in connection with the Additional
Financing, and for other good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, the parties hereto agree as
follows:

         1.       Section 9.1 of the Purchase Agreement is hereby amended to
                  delete the first sentence thereof in its entirety and in its
                  stead to insert the following:

         "The Company shall file a Form S-3 registration statement (or such
other form that it is eligible to use) in order to register the Registrable
Securities for resale and distribution under the Securities Act with the SEC by
September 1, 2003 (the "FILING DATE"), and cause such registration statement to
be declared effective within 60 days of the Filing Date (the "EFFECTIVE DATE").
"

         2.       Section 9.4 of the Purchase Agreement is hereby amended to
                  delete the phrase "for the first 45 days and two percent (2%)
                  per month thereafter".

         3.       The foregoing amendments shall be of no force and effect until
                  the date upon which the Borrower shall deliver to Laurus all
                  documents requested by Laurus in connection with the
                  Additional Financing which date shall be date hereof.

         4.       There are no other amendments to the Purchase Agreement.

         5.       The Borrower hereby represents and warrants to Laurus that as
                  of the date hereof all representations, warranties and
                  covenants made by Borrower in connection with the Purchase
                  Agreement are true correct and complete and all of Borrower's
                  covenants requirements have been met.

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         IN WITNESS WHEREOF, each of the Borrower and Laurus has caused this
Amendment No. 2 to Security Agreement to be signed in its name effective as of
this 4th day of August 2003.

                                NETGURU, INC.

                                By: /s/ Jyoti Chatterjee
                                    --------------------------------------------
                                    Name: Jyoti Chatterjee
                                    Title: President and Chief Operating Officer

                                LAURUS MASTER FUND, LTD.

                                By: /s/ David Grin
                                    --------------------------------------------
                                    Name: David Grin
                                    Title: President<PAGE>

                                                                    EXHIBIT 10.6

          AMENDMENT NO. 2 TO SECURED CONVERTIBLE NOTE OF NETGURU, INC.

                                 August 4, 2003

         Reference is made to that certain secured convertible promissory note
dated December 13, 2002 made by NETGURU, INC., a Delaware corporation (the
"BORROWER") in favor LAURUS MASTER FUND, LTD., c/o Ironshore Corporate Services
Ltd., P.O. Box 1234 G.T., Queensgate House, South Church Street, Grand Cayman,
Cayman Islands (the "LAURUS"") in the original principal amount of Two Million
Dollars ($2,000,000) (the "Note"). Capitalized terms used herein without
definition shall have the meanings ascribed to such terms in the Note.

         WHEREAS, the Borrower and Laurus are entering into an additional
financing pursuant to which Laurus will provide a secured revolving line of
credit facility to the Borrower (the "Additional Financing"); and

         WHEREAS, in connection with the extension of the Additional Financing,
Laurus has agreed to change certain terms of the Note and the Borrower desires
to make such changes; and

         WHEREAS the Borrower and Laurus agree that on the date hereof the
aggregate amount outstanding under the Note is ONE MILLION EIGHT HUNDRED
THOUSAND DOLLARS ($1,800,000):

         NOW, THEREFORE, in consideration for the execution and delivery by the
Borrower of all documents requested by Laurus in connection with the Additional
Financing, and for other good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, the parties hereto agree as
follows:

                  1. The reference in the preamble to the Note is hereby amended
to delete the reference to "December 13, 2004" contained therein and in its
stead to insert "July 31, 2005, which date shall be the Maturity Date;

                  2. Section 1.1 of the Note is hereby deleted in its entirety
and the following shall be inserted in its stead:

                  "1.1 Interest Rate. Interest payable on this Note shall accrue
at an interest rate per annum equal to the greater of the "prime rate" published
in the Wall Street Journal from time to time plus one percent (1.0%) and five
percent (5%) and be payable in arrears commencing August 1, 2003 and on the
first business day of each consecutive calendar month thereafter, and on the
Maturity Date, accelerated or otherwise, due and payable as described below."

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                  3. Section 2.1 of the Note is hereby amended to delete the
reference to "one twentieth of the original principal amount of this Note"
contained in the first sentence thereof and in its stead to insert "one twenty
fourth of the aggregate amount outstanding under the Note on the date hereof".

                  4. Section 2.2 of the Note is hereby deleted in its entirety
and the following shall be inserted in its stead:

                  "2.2 Cash or Common Stock. Subject to the terms hereof, the
Borrower has the sole option to determine whether to satisfy payment of the
Monthly Amount in full on each Repayment Date either in cash or in shares of
Common Stock, or a combination of both. The Borrower shall deliver to the Holder
a written irrevocable notice in the form of Exhibit B attached hereto electing
to pay such Monthly Amount in full on such Repayment Date in either cash or
Common Stock, or a combination of both ("REPAYMENT ELECTION NOTICE"). Such
Repayment Election Notice shall be delivered to the Holder at least twenty (20)
days prior to the applicable Repayment Date (the date of such notice being
hereinafter referred to as the "NOTICE DATE"). If such Repayment Election Notice
is not delivered within the prescribed period set forth in the preceding
sentence, then the repayment shall be made in cash. If the Borrower repays all
or a portion of the Monthly Amount in shares of Common Stock, the number of such
shares to be issued for such Repayment Date shall be the number determined by
dividing (x) the portion of the Monthly Amount to be paid in shares of Common
Stock, by (y) the Conversion Price (as defined herein) as of such date."

                  5. Section 2.4 of the Note is hereby deleted in its entirety
and the following shall be inserted in its stead:

                  "2.4 Share Price/Issuance Limitations. Notwithstanding
anything to the contrary herein, if the average closing price of the Common
Stock as reported by Bloomberg, L.P. on the Principal Market for the 10 trading
days preceding a Repayment Date was less than 110% of the Fixed Conversion
Price, and the Borrower has previously elected to pay all or a portion of the
Monthly Amount in shares of Common Stock, then, the Borrower will be permitted
to pay the Monthly Amount in cash or, at the option of the Borrower, the Holder
will be permitted to convert up to the Monthly Amount that is payable in shares
of Common Stock at a Conversion Price of 85% of the average of the three lowest
closing prices during the twenty (20) trading days immediately preceding the
Conversion Date. Any part of the Monthly Amount not converted into shares of
Common Stock by the following Repayment Date shall be paid by the Borrower in
cash on such following Repayment Date. At any time during the relevant month,
the Borrower has the option to pay the Monthly Amount, or the unconverted part
thereof, in cash and the Conversion Price set forth in this Section 2.4 shall no
longer be applicable."

                  6. Section 3.1(b) of the Note is hereby amended to delete the
reference to "$1.60"contained in the first sentence thereof and in its stead to
insert "$1.30".

                  7. The foregoing amendments shall be of no force and effect
until the date upon which the Borrower shall deliver to Laurus all documents
requested by Laurus in connection with the Additional Financing which date shall
be date hereof.

                  8. There are no other amendments to the Note.

                  9. The Borrower hereby represents and warrants to Laurus that
as of the date hereof all representation, warranties and covenants made by
Borrower in connection with the Note are true correct and complete and all of
Borrower's covenants requirements have been met.

<PAGE>

         IN WITNESS WHEREOF, each of the Borrower and Laurus has caused this
Amendment No. 2 to Secured Convertible Note to be signed in its name effective
as of this 4th day of August 2003.

                                NETGURU, INC.

                                By: /s/ Jyoti Chatterjee
                                    --------------------------------------------
                                    Name: Jyoti Chatterjee
                                    Title: President and Chief Operating Officer

                                LAURUS MASTER FUND, LTD.

                                By: /s/ David Grin
                                    --------------------------------------------
                                    Name: David Grin
                                    Title: President

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