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<SEC-DOCUMENT>0001206774-07-002378.txt : 20071011
<SEC-HEADER>0001206774-07-002378.hdr.sgml : 20071011
<ACCEPTANCE-DATETIME>20071011172026
ACCESSION NUMBER:		0001206774-07-002378
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20071008
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Completion of Acquisition or Disposition of Assets
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20071011
DATE AS OF CHANGE:		20071011

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AMTECH SYSTEMS INC
		CENTRAL INDEX KEY:			0000720500
		STANDARD INDUSTRIAL CLASSIFICATION:	SPECIAL INDUSTRY MACHINERY, NEC [3559]
		IRS NUMBER:				860411215
		STATE OF INCORPORATION:			AZ
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-11412
		FILM NUMBER:		071167856

	BUSINESS ADDRESS:	
		STREET 1:		131 S CLARK DR
		CITY:			TEMPE
		STATE:			AZ
		ZIP:			85281
		BUSINESS PHONE:		6029675146

	MAIL ADDRESS:	
		STREET 1:		131 SOUTH CLARK DRIVE
		CITY:			TEMPE
		STATE:			AZ
		ZIP:			85281

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	QUARTZ ENGINEERING & MATERIALS INC
		DATE OF NAME CHANGE:	19870715
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>amtech_8k.htm
<DESCRIPTION>CURRENT REPORT
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<P align=center><B><FONT face=serif>UNITED STATES<BR></FONT></B><B><FONT face=serif>SECURITIES AND EXCHANGE COMMISSION<BR>WASHINGTON, D.C.
20549</FONT></B></P>
<P align=center><B><FONT face=serif size=4>FORM 8-K</FONT></B></P>
<P align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><FONT face=serif>CURRENT
REPORT<BR>Pursuant to Section 13 or 15(d) of the<BR>Securities Exchange Act of
1934</FONT></B></P>
<P align=center><B><FONT face=serif>October 8, 2007<BR></FONT></B><B><FONT face=serif>Date of Report (Date of earliest event reported)</FONT></B><FONT face=serif></FONT></P>
<P align=center><FONT face=serif size=4>Amtech Systems, Inc.<BR></FONT><B><FONT face=serif size=2>(Exact name of registrant as specified in its
charter)</FONT></B><FONT face=serif size=2></FONT></P>
<TABLE cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=bottom>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="5%"><FONT face=serif>Arizona</FONT></TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="89%"><FONT face=serif>000-11412</FONT></TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="5%"><FONT face=serif>86-0411215</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=center width="5%"><B><FONT face=serif>(State or other
      jurisdiction</FONT></B></TD>
    <TD noWrap align=center width="89%"><B><FONT face=serif>(Commission</FONT></B></TD>
    <TD noWrap align=center width="5%"><B><FONT face=serif>(IRS
      Employer</FONT></B></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=center width="5%"><B><FONT face=serif>of
      incorporation)</FONT></B></TD>
    <TD noWrap align=center width="89%"><B><FONT face=serif>File
      Number)</FONT></B></TD>
    <TD noWrap align=center width="5%"><B><FONT face=serif>Identification
      No.)</FONT></B></TD></TR>
  <TR>
    <TD noWrap align=center width="5%">&nbsp;</TD>
    <TD noWrap align=center width="89%">&nbsp;</TD>
    <TD noWrap align=center width="5%">&nbsp;</TD></TR>
  <TR>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=left width="94%" colSpan=2>131 South Clark Drive, Tempe, Arizona&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="5%">85281</TD></TR>
  <TR>
    <TD noWrap align=left width="94%" colSpan=2><B>(Address of principal
      executive offices)</B>&nbsp;</TD>
    <TD noWrap align=center width="5%"><B>(Zip
Code)</B></TD></TR></TABLE><BR>
<TABLE cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR>
    <TD noWrap width="20%"><B>Registrant&#146;s telephone number, including area
      code</B></TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" align=center width="80%">
      <P align=center>(480) 967-5146</P></TD></TR></TABLE><BR>
<TABLE cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" align=center width="100%" colSpan=3>
      <P align=center>Not applicable.</P></TD></TR>
  <TR>
    <TD align=center width="100%" colSpan=3>
      <P align=center><B>(Former name or former address, if changed since last
      report.)</B></P></TD></TR>
  <TR>
    <TD align=center width="40%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 2pt solid" align=center width="20%">&nbsp; </TD>
    <TD align=center width="40%">&nbsp;</TD></TR></TABLE>
<P align=justify><FONT face=serif size=2>Check the appropriate box below if the
Form 8-K filing is intended to simultaneously satisfy the filing obligation of
the registrant under any of the following provisions (<I>see</I> General
Instruction A.2. below):</FONT> <FONT face=sans-serif></FONT></P>
<P align=justify><FONT face=sans-serif size=2><FONT face=Wingdings>o</FONT></FONT><FONT face=sans-serif size=2>&nbsp; </FONT><FONT face=serif size=2>Written communications pursuant to Rule 425 under Securities
Act (17 CFR 230.425)</FONT> <FONT face=sans-serif size=2></FONT></P>
<P align=justify><FONT face=sans-serif size=2><FONT face=Wingdings>o</FONT><FONT face=sans-serif size=2>&nbsp; </FONT></FONT><FONT face=serif size=2>Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)</FONT> <FONT face=sans-serif size=2></FONT></P>
<P align=justify><FONT face=sans-serif size=2><FONT face=Wingdings>o</FONT><FONT face=sans-serif size=2>&nbsp; </FONT></FONT><FONT face=serif size=2>Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))</FONT></P>
<P align=justify><FONT face=sans-serif size=2><FONT face=Wingdings>o</FONT><FONT face=sans-serif size=2>&nbsp; </FONT></FONT><FONT face=serif size=2>Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))</FONT></P>
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<P align=justify><B><FONT face=serif size=2>Item 1.01 Entry into a Material
Definitive Agreement. <BR></FONT></B><B><FONT face=serif size=2>Item 2.01
Completion of Acquisition or Disposition of Assets.</FONT></B><B><FONT face=serif size=2> </FONT></B></P>
<P align=justify><FONT face=serif size=2>On October 8, 2007 Amtech Systems, Inc.
(the &#147;Company&#148;), through its wholly-owned subsidiary, Tempress Holding B.V.
(&#147;Tempress&#148;), acquired R2D Ingenierie (&#147;R2D&#148;), a solar cell and semiconductor
automation equipment manufacturing company located in Montpellier, France. The
purchase of R2D was made pursuant to a stock purchase and sale agreement (the
&#147;Purchase Agreement&#148;), dated October 8, 2007, between Tempress and the
shareholders of R2D. The total purchase price for the transaction was
approximately $6.1 million, which includes contingent payments tied to R2D's
successful product improvements, production and technology transfer.
Additionally, the Company, through Tempress, has made a working capital infusion
of $1.0 million, largely for solar business build-up. </FONT></P>
<P align=justify><FONT face=serif size=2>The Purchase Agreement is attached
hereto as Exhibit 99.1. </FONT></P>
<P align=justify><FONT face=serif size=2>The complete press release regarding
the acquisition of R2D is attached hereto as Exhibit 99.2. </FONT></P>
<P align=justify><B><FONT face=serif size=2>Item 9.01 Financial Statements and
Exhibits.</FONT></B><FONT face=serif size=2> </FONT></P>
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  <TR>
    <TD vAlign=top noWrap width="2%">
      <P align=justify><FONT face=serif size=2>(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></P></TD>
    <TD vAlign=top width="98%" colSpan=2>
      <P align=justify><FONT face=serif size=2>Financial statements of
      businesses acquired.</FONT></P>
      <P align=justify><FONT face=serif size=2>To be filed by amendment within
      the time proscribed by Item 9.01(a) of Form 8-K. </FONT></P></TD></TR>
  <TR>
    <TD vAlign=top width="2%">&nbsp;</TD>
    <TD vAlign=top width="98%" colSpan=2></TD></TR>
  <TR>
    <TD vAlign=top width="2%">
      <P align=justify><FONT face=serif size=2>(b) </FONT></P></TD>
    <TD vAlign=top width="98%" colSpan=2>
      <P align=justify><FONT face=serif size=2>Pro forma financial information.
      </FONT></P>
      <P align=justify><FONT face=serif size=2>To be filed by amendment within
      the time proscribed by Item 9.01(b) of Form 8-K. </FONT></P></TD></TR>
  <TR>
    <TD vAlign=top width="2%">&nbsp;</TD>
    <TD vAlign=top width="98%" colSpan=2></TD></TR>
  <TR>
    <TD vAlign=top width="2%">
      <P align=justify><FONT face=serif size=2>(d) </FONT></P></TD>
    <TD vAlign=top width="98%" colSpan=2>
      <P align=justify><FONT face=serif size=2>Exhibits. </FONT></P></TD></TR>
  <TR>
    <TD vAlign=top width="2%"></TD>
    <TD vAlign=top width="98%" colSpan=2>&nbsp;</TD></TR>
  <TR>
    <TD vAlign=top width="2%"></TD>
    <TD vAlign=top noWrap width="4%">
      <P align=justify><FONT face=serif size=2>Exhibit
      99.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></P></TD>
    <TD vAlign=top width="94%">
      <P align=justify><FONT face=serif size=2>Stock Purchase and Sale
      Agreement, by and among Tempress Holdings, B.V., R2D Ingenierie SAS and
      the shareholders of R2D Ingenierie SAS, dated October 8, 2007.
    </FONT></P></TD></TR>
  <TR>
    <TD vAlign=top width="2%">&nbsp;</TD>
    <TD vAlign=top noWrap width="4%"></TD>
    <TD vAlign=top width="94%"></TD></TR>
  <TR>
    <TD vAlign=top width="2%"></TD>
    <TD vAlign=top noWrap width="4%">
      <P align=justify><FONT face=serif size=2>Exhibit 99.2 </FONT></P></TD>
    <TD vAlign=top width="94%">
      <P align=justify><FONT face=serif size=2>Press release of Amtech Systems,
      Inc., dated October 9, 2007. </FONT></P></TD></TR></TABLE>
<P align=justify><B><I><FONT face=serif size=2>Forward-Looking Statements
</FONT></I></B></P>
<P align=justify><FONT face=serif size=2>This Current Report on Form 8-K
contains forward-looking statements within the meaning of the federal securities
laws and is subject to safe harbors created therein. These forward-looking
statements include, but are not limited to, those regarding the continued growth
of sales by the Company to the solar industry and the ability of the Company to
expand its market opportunity through the acquisition of R2D. </FONT></P>
<P align=justify><FONT face=serif size=2>These forward-looking statements
reflect the Company&#146;s current views with respect to future events and are
subject to these and other risks, uncertainties and assumptions relating to its
operations, growth strategy and liquidity, including the risks set forth in the
Company&#146;s most recent Forms 10-K and 10-Q filed with the Securities and Exchange
Commission. The Company undertakes no obligation to update any forward-looking
statements to reflect new information, events, or circumstances occurring after
the date of this Form 8-K. <BR></FONT></P>
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<P align=center><B><FONT face=serif size=2>SIGNATURES</FONT></B><FONT face=serif size=2> </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized. </FONT></P>
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  <TR vAlign=bottom>
    <TD noWrap align=left width="49%">&nbsp; </TD>
    <TD noWrap align=left width="50%" colSpan=2><FONT face=serif size=2>AMTECH
      SYSTEMS, INC.</FONT>&nbsp; </TD></TR>
  <TR>
    <TD width="99%" colSpan=3>&nbsp; </TD></TR>
  <TR>
    <TD width="99%" colSpan=3>&nbsp; </TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="49%"><FONT face=serif size=2>Date: October
      11, 2007<FONT size=3> </FONT></FONT></TD>
    <TD noWrap align=left width="50%" colSpan=2><FONT face=serif size=2>By:&nbsp;<U>&nbsp; /s/ Bradley C. Anderson</U><FONT size=3>
      </FONT></FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="49%">&nbsp; </TD>
    <TD noWrap align=left width="1%"><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name:&nbsp;</FONT>
    </TD>
    <TD noWrap align=left width="49%"><FONT face=serif size=2>Bradley C.
      Anderson</FONT>&nbsp; </TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="49%">&nbsp; </TD>
    <TD noWrap align=left width="1%"><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title:</FONT>
    </TD>
    <TD noWrap align=left width="49%"><FONT face=serif size=2>Vice President
      and Chief</FONT>&nbsp; </TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="49%">&nbsp; </TD>
    <TD noWrap align=left width="1%">&nbsp; </TD>
    <TD noWrap align=left width="49%"><FONT face=serif size=2>Financial
      Officer</FONT>&nbsp; </TD></TR></TABLE><BR>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>exhibit99-1.htm
<DESCRIPTION>STOCK PURCHASE AND SALE AGREEMENT, BY AND AMONG TEMPRESS HOLDINGS, B.V., R2D IN
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    <TD style="BORDER-RIGHT: #000000 2pt solid; BORDER-TOP: #000000 2pt solid; BORDER-LEFT: #000000 2pt solid; BORDER-BOTTOM: #000000 2pt solid" width="100%">
      <P align=center><B><FONT face=serif></FONT></B>&nbsp;</P>
      <P align=center><B><FONT face=serif></FONT></B>&nbsp;</P>
      <P align=center><B><FONT face=serif>Exhibit 99.1 </FONT></B></P>
      <P align=center><B><FONT face=serif>STOCK PURCHASE AND SALE AGREEMENT
      </FONT></B></P>
      <P align=center><B><FONT face=serif></FONT></B>&nbsp;</P>
      <P align=center><B><FONT face=serif>By and Among </FONT></B></P>
      <P align=center><B><FONT face=serif></FONT></B>&nbsp;</P>
      <P align=center><B><FONT face=serif>TEMPRESS HOLDINGS B.V. </FONT></B></P>
      <P align=center>&nbsp;</P>
      <P align=center><B><FONT face=serif>R2D INGENIERIE SAS </FONT></B></P>
      <P align=center>&nbsp;</P>
      <P align=center><B><FONT face=serif>and </FONT></B></P>
      <P align=center>&nbsp;</P>
      <P align=center><B><FONT face=serif>THE SHAREHOLDERS OF R2D INGENIERIE
      SAS&nbsp;</FONT></B></P>
      <P align=center>&nbsp;</P>
      <P align=center><B><FONT face=serif>Dated as of<BR>October 8,
      2007</FONT></B></P>
      <P align=center><B></B>&nbsp;</P>
      <P align=center><B></B>&nbsp;</P></TD></TR></TABLE><BR>
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<P align=center><B><FONT face=serif size=2>TABLE OF CONTENTS</FONT></B></P>
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  <TR>
    <TD width="98%"></TD>
    <TD width="2%"><B><FONT face=serif size=2>Page</FONT></B> </TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0><FONT face=serif size=2>ARTICLE
      I&nbsp;&nbsp; DEFINITIONS</FONT> </TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT face=serif size=2>1</FONT> </TD></TR>
  <TR>
    <TD width="98%"><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 1.1
      Certain Definitions</FONT> </TD>
    <TD align=right width="2%"><FONT face=serif size=2>1</FONT> </TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 1.2 Index of Other Definitions </FONT></TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT face=serif size=2>5</FONT> </TD></TR>
  <TR>
    <TD width="98%"><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 1.3
      Usage</FONT> </TD>
    <TD align=right width="2%"><FONT face=serif size=2>6</FONT> </TD></TR>
  <TR>
    <TD width="98%">&nbsp;</TD>
    <TD align=right width="2%"></TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0><FONT face=serif size=2>ARTICLE
      II&nbsp;&nbsp;THE TRANSACTIONS </FONT></TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT face=serif size=2>7</FONT> </TD></TR>
  <TR>
    <TD width="98%"><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 2.1 The
      Transactions and the Effective Date</FONT> </TD>
    <TD align=right width="2%"><FONT face=serif size=2>7</FONT> </TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 2.2 Closing</FONT> </TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT face=serif size=2>7</FONT> </TD></TR>
  <TR>
    <TD width="98%"><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 2.3
      Company Stock Certificates </FONT></TD>
    <TD align=right width="2%"><FONT face=serif size=2>7</FONT> </TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 2.4 Payment of Purchase Price </FONT></TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT face=serif size=2>7</FONT> </TD></TR>
  <TR>
    <TD width="98%"><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 2.5
      Disbursement of Escrow Amount </FONT></TD>
    <TD align=right width="2%"><FONT face=serif size=2>8</FONT> </TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 2.6 Repayment of Affiliate Loans
</FONT></TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT face=serif size=2>8</FONT> </TD></TR>
  <TR>
    <TD width="98%"><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 2.7
      Closing Date Balance Sheet </FONT></TD>
    <TD align=right width="2%"><FONT face=serif size=2>8</FONT> </TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 2.8 Intentionally Omitted </FONT></TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT face=serif size=2>8</FONT> </TD></TR>
  <TR>
    <TD width="98%"><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 2.9
      Shareholder Release</FONT> </TD>
    <TD align=right width="2%"><FONT face=serif size=2>8</FONT> </TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 2.10 Other Deliveries</FONT> </TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT face=serif size=2>9</FONT> </TD></TR>
  <TR>
    <TD width="98%">&nbsp;</TD>
    <TD align=right width="2%"></TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0><FONT face=serif size=2>ARTICLE III
      REPRESENTATIONS AND WARRANTIES OF THE SHAREHOLDERS</FONT> </TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT face=serif size=2>10</FONT> </TD></TR>
  <TR>
    <TD width="98%"><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 3.1
      Organization and Good Standing </FONT></TD>
    <TD align=right width="2%"><FONT face=serif size=2>10</FONT> </TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 3.2 Subsidiaries and Other
      Businesses</FONT> </TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT face=serif size=2>11
      </FONT></TD></TR>
  <TR>
    <TD width="98%"><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 3.3
      Capitalization and Ownership</FONT> </TD>
    <TD align=right width="2%"><FONT face=serif size=2>11 </FONT></TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 3.4 Authorization and
      Enforceability</FONT> </TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT face=serif size=2>11
      </FONT></TD></TR>
  <TR>
    <TD width="98%"><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 3.5 No
      Violation of Laws or Agreements</FONT> </TD>
    <TD align=right width="2%"><FONT face=serif size=2>12 </FONT></TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 3.6 Financial Statements</FONT> </TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT face=serif size=2>12
      </FONT></TD></TR>
  <TR>
    <TD width="98%"><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 3.7 No
      Undisclosed Liabilities</FONT> </TD>
    <TD align=right width="2%"><FONT face=serif size=2>12 </FONT></TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 3.8 No Material Adverse Changes</FONT> </TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT face=serif size=2>13
      </FONT></TD></TR>
  <TR>
    <TD width="98%"><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 3.9
      Taxes<FONT size=3> </FONT></FONT></TD>
    <TD align=right width="2%"><FONT face=serif size=2>13 </FONT></TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 3.10 Inventory<FONT style="BACKGROUND-COLOR: #c0c0c0" size=3> </FONT></FONT></TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT face=serif size=2>14
      </FONT></TD></TR>
  <TR>
    <TD width="98%"><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 3.11
      </FONT><FONT face=serif size=2>Notes, Accounts Receivable and Accounts
      Payable<FONT size=3> </FONT></FONT></TD>
    <TD align=right width="2%"><FONT face=serif size=2>15 </FONT></TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 3</FONT><FONT face=serif size=2>.12 No
      Pending Litigation or Proceedings</FONT> </TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT face=serif size=2>15
      </FONT></TD></TR>
  <TR>
    <TD width="98%"><FONT face=serif size=2><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 3.13 Contracts; Compliance<FONT size=3>
      </FONT></FONT></FONT></TD>
    <TD align=right width="2%"><FONT face=serif size=2><FONT face=serif size=2>15<FONT size=3> </FONT></FONT></FONT></TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 3.14 Compliance With Laws</FONT> </TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT face=serif size=2>18
      </FONT></TD></TR>
  <TR>
    <TD width="98%"><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 3.15
      Environmental Matters</FONT> </TD>
    <TD align=right width="2%"><FONT face=serif size=2>18 </FONT></TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 3.16 Consents<FONT style="BACKGROUND-COLOR: #c0c0c0" size=3> </FONT></FONT></TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT face=serif size=2>20
      </FONT></TD></TR>
  <TR>
    <TD width="98%"><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 3.17
      Personal Property</FONT> </TD>
    <TD align=right width="2%"><FONT face=serif size=2>20 </FONT></TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 3.18 Real Estate<FONT style="BACKGROUND-COLOR: #c0c0c0" size=3> </FONT></FONT></TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT face=serif size=2>20
      </FONT></TD></TR>
  <TR>
    <TD width="98%"><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 3.19
      Transactions with Shareholders or Affiliates</FONT> </TD>
    <TD align=right width="2%"><FONT face=serif size=2>22 </FONT></TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 3.20 Condition of Assets</FONT> </TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT face=serif size=2>22
      </FONT></TD></TR>
  <TR>
    <TD width="98%"><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 3.21
      Compensation Arrangements; Bank Accounts; Officers and Directors</FONT>
</TD>
    <TD align=right width="2%"><FONT face=serif size=2>22 </FONT></TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 3.22 Labor Relations<FONT style="BACKGROUND-COLOR: #c0c0c0" size=3> </FONT></FONT></TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT face=serif size=2>23
      </FONT></TD></TR>
  <TR>
    <TD width="98%"><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 3.23
      Insurance<FONT size=3> </FONT></FONT></TD>
    <TD align=right width="2%"><FONT face=serif size=2>23
</FONT></TD></TR></TABLE>
<P align=center><FONT face=serif size=2>-i- </FONT></P>
<HR align=center width="100%" noShade SIZE=2>
<PAGE>
<P align=center><FONT face=serif size=2><B>TABLE OF CONTENTS</B><BR>(continued)
</FONT></P>
<TABLE cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR>
    <TD width="98%"></TD>
    <TD width="2%"><B><FONT face=serif size=2>Page</FONT></B> </TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0><FONT face=serif size=2><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 3.24 Patents and Intellectual Property
      Rights<FONT style="BACKGROUND-COLOR: #c0c0c0" size=3>
    </FONT></FONT></FONT></TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT face=serif size=2>23</FONT> </TD></TR>
  <TR>
    <TD width="98%"><FONT face=serif size=2><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 3.25 Employee Benefits<FONT size=3>
      </FONT></FONT></FONT></TD>
    <TD align=right width="2%"><FONT face=serif size=2>26</FONT> </TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0><FONT face=serif size=2><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 3.26 Immigration<FONT style="BACKGROUND-COLOR: #c0c0c0" size=3> </FONT></FONT></FONT></TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT face=serif size=2>27</FONT> </TD></TR>
  <TR>
    <TD width="98%"><FONT face=serif size=2><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 3.27 Brokers; Finders<FONT size=3>
      </FONT></FONT></FONT></TD>
    <TD align=right width="2%"><FONT face=serif size=2>27</FONT> </TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 3.28 Undisclosed Payments<FONT size=3>
      </FONT></FONT></TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT size=2>27</FONT> </TD></TR>
  <TR>
    <TD width="98%" bgColor=#ffffff><FONT face=serif size=2><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 3.29 Customer and Supplier Relations<FONT size=3> </FONT></FONT></FONT></TD>
    <TD align=right width="2%" bgColor=#ffffff><FONT face=serif size=2>27</FONT> </TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0><FONT face=serif size=2><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 3.30 Ethical Practices<FONT size=3>
      </FONT></FONT></FONT></TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT face=serif size=2>28</FONT> </TD></TR>
  <TR>
    <TD width="98%" bgColor=#ffffff><FONT face=serif size=2><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 3.31 Product and Service Warranties and
      Guaranties<FONT size=3> </FONT></FONT></FONT></TD>
    <TD align=right width="2%" bgColor=#ffffff><FONT face=serif size=2>28</FONT> </TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0><FONT face=serif size=2><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 3.32 Shareholder Guarantees<FONT size=3>
      </FONT></FONT></FONT></TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT face=serif size=2>28</FONT> </TD></TR>
  <TR>
    <TD width="98%" bgColor=#ffffff><FONT face=serif size=2><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 3.33 Ownership<FONT size=3>
      </FONT></FONT></FONT></TD>
    <TD align=right width="2%" bgColor=#ffffff><FONT face=serif size=2>28</FONT> </TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0><FONT face=serif size=2><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 3.34 Shareholders&#146; Capacity<FONT size=3>
      </FONT></FONT></FONT></TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT face=serif size=2>29</FONT> </TD></TR>
  <TR>
    <TD width="98%" bgColor=#ffffff><FONT face=serif size=2><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 3.35 Binding Effect<FONT size=3>
      </FONT></FONT></FONT></TD>
    <TD align=right width="2%" bgColor=#ffffff><FONT face=serif size=2>29</FONT> </TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0><FONT face=serif size=2><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 3.36 Shareholder Legal
      Proceedings&nbsp;<FONT size=3> </FONT></FONT></FONT></TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT face=serif size=2>29</FONT> </TD></TR>
  <TR>
    <TD width="98%" bgColor=#ffffff><FONT face=serif size=2><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 3.37 Amounts Owed to Shareholders<FONT size=3> </FONT></FONT></FONT></TD>
    <TD align=right width="2%" bgColor=#ffffff><FONT face=serif size=2>29</FONT> </TD></TR>
  <TR>
    <TD width="98%">&nbsp;</TD>
    <TD align=right width="2%"></TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0><FONT face=serif size=2><FONT face=serif size=2>ARTICLE IV REPRESENTATIONS AND WARRANTIES OF BUYER<FONT size=3>
      </FONT></FONT></FONT></TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT face=serif size=2>29</FONT> </TD></TR>
  <TR>
    <TD width="98%"><FONT face=serif size=2><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 4.1 Organization and Good Standing<FONT size=3> </FONT></FONT></FONT></TD>
    <TD align=right width="2%"><FONT face=serif size=2>29</FONT> </TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0><FONT face=serif size=2><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 4.2 Authorization and Enforceability<FONT size=3> </FONT></FONT></FONT></TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT face=serif size=2>29
      </FONT></TD></TR>
  <TR>
    <TD width="98%"><FONT face=serif size=2><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 4.3 Brokerage<FONT size=3>
      </FONT></FONT></FONT></TD>
    <TD align=right width="2%"><FONT face=serif size=2>29 </FONT></TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0><FONT face=serif size=2><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 4.4 No Violation of Laws or
      Agreements<FONT size=3> </FONT></FONT></FONT></TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT face=serif size=2>30
      </FONT></TD></TR>
  <TR>
    <TD width="98%"><FONT face=serif size=2><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 4.5 Consents<FONT size=3>
      </FONT></FONT></FONT></TD>
    <TD align=right width="2%"><FONT face=serif size=2>30 </FONT></TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0><FONT face=serif size=2><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 4.6 Financial Condition, etc<FONT size=3>
      </FONT></FONT></FONT></TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT face=serif size=2>30
      </FONT></TD></TR>
  <TR>
    <TD width="98%">&nbsp;</TD>
    <TD align=right width="2%"><FONT face=serif size=2>&nbsp;</FONT> </TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0><FONT face=serif size=2><FONT face=serif size=2>ARTICLE V CERTAIN OBLIGATIONS OF THE PARTIES </FONT></FONT></TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT face=serif size=2>30
      </FONT></TD></TR>
  <TR>
    <TD width="98%"><FONT face=serif size=2><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 5.1 Intentionally Omitted<FONT size=3>
      </FONT></FONT></FONT></TD>
    <TD align=right width="2%"><FONT face=serif size=2>30 </FONT></TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0><FONT face=serif size=2><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 5.2 Intentionally Omitted<FONT size=3>
      </FONT></FONT></FONT></TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT face=serif size=2>30
      </FONT></TD></TR>
  <TR>
    <TD width="98%"><FONT face=serif size=2><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 5.3 Intentionally Omitted<FONT size=3>
      </FONT></FONT></FONT></TD>
    <TD align=right width="2%"><FONT face=serif size=2>30 </FONT></TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0><FONT face=serif size=2><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 5.4 Intentionally Omitted<FONT size=3>
      </FONT></FONT></FONT></TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT face=serif size=2>30
      </FONT></TD></TR>
  <TR>
    <TD width="98%"><FONT face=serif size=2><FONT face=serif size=2><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 5.5 Intentionally Omitted<FONT size=3> </FONT></FONT></FONT></FONT></TD>
    <TD align=right width="2%"><FONT face=serif size=2><FONT face=serif size=2>30<FONT size=3> </FONT></FONT></FONT></TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0><FONT face=serif size=2><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 5.6 Public Announcements<FONT size=3>
      </FONT></FONT></FONT></TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT face=serif size=2>30
      </FONT></TD></TR>
  <TR>
    <TD width="98%"><FONT face=serif size=2><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 5.7 Intentionally Omitted<FONT size=3>
      </FONT></FONT></FONT></TD>
    <TD align=right width="2%"><FONT face=serif size=2>30 </FONT></TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0><FONT face=serif size=2><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 5.8 Intentionally Omitted<FONT size=3>
      </FONT></FONT></FONT></TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT face=serif size=2>31
      </FONT></TD></TR>
  <TR>
    <TD width="98%"><FONT face=serif size=2><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 5.9 Resignations<FONT size=3>
      </FONT></FONT></FONT></TD>
    <TD align=right width="2%"><FONT face=serif size=2>31 </FONT></TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0><FONT face=serif size=2><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 5.10 Company Records<FONT size=3>
      </FONT></FONT></FONT></TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT face=serif size=2>31
      </FONT></TD></TR>
  <TR>
    <TD width="98%"><FONT face=serif size=2><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 5.11 Tax Matters<FONT size=3>
      </FONT></FONT></FONT></TD>
    <TD align=right width="2%"><FONT face=serif size=2>31 </FONT></TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0><FONT face=serif size=2><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 5.12 Employee Matters; Benefit Plans<FONT size=3> </FONT></FONT></FONT></TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT face=serif size=2>32
      </FONT></TD></TR>
  <TR>
    <TD width="98%"><FONT face=serif size=2><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 5.13 Affiliate Loans<FONT size=3>
      </FONT></FONT></FONT></TD>
    <TD align=right width="2%"><FONT face=serif size=2>32 </FONT></TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0><FONT face=serif size=2><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 5.14 Termination of Agreements Among
      Shareholders<FONT size=3> </FONT></FONT></FONT></TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT face=serif size=2>32
      </FONT></TD></TR>
  <TR>
    <TD width="98%"><FONT face=serif size=2><FONT size=3>&nbsp;</FONT></FONT>
    </TD>
    <TD align=right width="2%"><FONT face=serif size=2></FONT></TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0><FONT face=serif size=2>ARTICLE VI
      CONDITIONS TO THE CLOSING; TERMINATION<FONT size=3> </FONT></FONT></TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT size=2>33 </FONT></TD></TR>
  <TR>
    <TD width="98%"><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 6.1
      Conditions Precedent to Obligations of Buyer with respect to the
      Closing<FONT size=3> </FONT></FONT></TD>
    <TD align=right width="2%"><FONT size=2>33 </FONT></TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 6.2 Conditions Precedent to Obligations of
      the Shareholders with respect to the Closing<FONT size=3>
</FONT></FONT></TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT size=2>34
  </FONT></TD></TR></TABLE>
<P align=center><FONT face=serif size=2>-ii-</FONT></P>
<HR align=center width="100%" noShade SIZE=2>
<PAGE>
<P align=center><FONT face=serif size=2><B>TABLE OF CONTENTS</B><BR>(continued)
</FONT></P>
<TABLE cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR>
    <TD width="98%"></TD>
    <TD width="2%"><B><FONT face=serif size=2>Page</FONT></B> </TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0>
      <P><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 6.3 Intentionally
      Omitted<FONT size=3> </FONT></FONT></P></TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT face=serif size=2>35</FONT></TD></TR>
  <TR>
    <TD width="98%"><FONT face=serif><FONT face=serif>&nbsp;</FONT></FONT></TD>
    <TD align=right width="2%"><FONT face=serif size=2><FONT size=3>&nbsp;</FONT>&nbsp;</FONT></TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0>
      <P><FONT face=serif size=2>ARTICLE VII CERTAIN ADDITIONAL COVENANTS<FONT size=3> </FONT></FONT></P></TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT face=serif size=2>35</FONT> </TD></TR>
  <TR>
    <TD width="98%">
      <P><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 7.1 Costs, Expenses
      and Taxes<FONT size=3> </FONT></FONT></P></TD>
    <TD align=right width="2%"><FONT face=serif size=2>35</FONT> </TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0>
      <P><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 7.2
      Indemnification<FONT size=3> </FONT></FONT></P></TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT size=2>35</FONT> </TD></TR>
  <TR>
    <TD width="98%" bgColor=#ffffff>
      <P><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 7.3 Access to
      Information<FONT size=3> </FONT></FONT></P></TD>
    <TD align=right width="2%" bgColor=#ffffff><FONT face=serif size=2>39</FONT></TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0>
      <P><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 7.4 Record
      Retention<FONT size=3> </FONT></FONT></P></TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT face=serif size=2>40</FONT></TD></TR>
  <TR>
    <TD width="98%" bgColor=#ffffff>
      <P><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 7.5 Non-Competition,
      Non-Disclosure and Nonsolicitation<FONT size=3> </FONT></FONT></P></TD>
    <TD align=right width="2%" bgColor=#ffffff><FONT face=serif size=2>40</FONT></TD></TR>
  <TR>
    <TD width="98%"><FONT face=serif size=2><FONT face=serif size=2><FONT size=3>&nbsp; </FONT></FONT></FONT></TD>
    <TD align=right width="2%"></TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0>
      <P><FONT face=serif size=2>ARTICLE VIII MISCELLANEOUS<FONT size=3>
      </FONT></FONT></P></TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT face=serif size=2>42</FONT></TD></TR>
  <TR>
    <TD width="98%">
      <P><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 8.1 Survival<FONT size=3> </FONT></FONT></P></TD>
    <TD align=right width="2%"><FONT face=serif size=2>42</FONT></TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0>
      <P><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 8.2 Notices<FONT size=3> </FONT></FONT></P></TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT face=serif size=2>42</FONT></TD></TR>
  <TR>
    <TD width="98%">
      <P><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 8.3 Successors and
      Assigns<FONT size=3> </FONT></FONT></P></TD>
    <TD align=right width="2%"><FONT face=serif size=2>43</FONT></TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0>
      <P><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 8.4 Settlement Dispute
      Process; Governing Law; Venue<FONT size=3> </FONT></FONT></P></TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT face=serif size=2>43</FONT></TD></TR>
  <TR>
    <TD width="98%">
      <P><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 8.5 Entire
      Agreement<FONT size=3> </FONT></FONT></P></TD>
    <TD align=right width="2%"><FONT size=2>44</FONT></TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0>
      <P><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 8.6 Further
      Assurances<FONT size=3> </FONT></FONT></P></TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT face=serif size=2>44</FONT></TD></TR>
  <TR>
    <TD width="98%">
      <P><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 8.7 Amendment and
      Waiver<FONT size=3> </FONT></FONT></P></TD>
    <TD align=right width="2%"><FONT face=serif size=2>44</FONT></TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0>
      <P><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 8.8 Counterparts<FONT size=3> </FONT></FONT></P></TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT face=serif size=2>44</FONT></TD></TR>
  <TR>
    <TD width="98%">
      <P><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 8.9 Enforcement<FONT size=3> </FONT></FONT></P></TD>
    <TD align=right width="2%"><FONT face=serif size=2>45</FONT></TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0>
      <P><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 8.10 Headings<FONT size=3> </FONT></FONT></P></TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT face=serif size=2>45</FONT></TD></TR>
  <TR>
    <TD width="98%">
      <P><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 8.11 Construction<FONT size=3> </FONT></FONT></P></TD>
    <TD align=right width="2%"><FONT face=serif size=2>45</FONT></TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0>
      <P><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 8.12 Currency<FONT size=3> </FONT></FONT></P></TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT face=serif size=2>45</FONT></TD></TR>
  <TR>
    <TD width="98%">
      <P><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 8.13 Severability<FONT size=3> </FONT></FONT></P></TD>
    <TD align=right width="2%"><FONT face=serif size=2>&nbsp;45</FONT></TD></TR>
  <TR>
    <TD width="98%" bgColor=#c0c0c0><FONT face=serif size=2><FONT face=serif size=2>&nbsp;&nbsp;&nbsp;&nbsp; 8.14 Enforcement of Certain Rights<FONT style="BACKGROUND-COLOR: #c0c0c0" size=3> </FONT></FONT></FONT></TD>
    <TD align=right width="2%" bgColor=#c0c0c0><FONT face=serif size=2>45
      </FONT></TD></TR></TABLE>
<P align=center><FONT face=serif size=2>-iii-</FONT></P>
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<PAGE><BR>
<TABLE cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=bottom>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=left width="5%"><B><FONT face=serif size=2>EXHIBITS</FONT></B> </TD>
    <TD noWrap align=left width="94%">&nbsp; </TD></TR>
  <TR>
    <TD noWrap align=left width="5%">&nbsp;</TD>
    <TD noWrap align=left width="94%"></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="5%"><FONT face=serif size=2>Exhibit
      A</FONT>&nbsp; </TD>
    <TD noWrap align=left width="94%"><FONT face=serif size=2>Form of Lease
      Agreement</FONT>&nbsp; </TD></TR>
  <TR>
    <TD noWrap align=left width="5%">&nbsp;</TD>
    <TD noWrap align=left width="94%"></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="5%"><FONT face=serif size=2>Exhibit
      B</FONT>&nbsp; </TD>
    <TD noWrap align=left width="94%"><FONT face=serif size=2>Form of
      Employment Agreement</FONT>&nbsp; </TD></TR>
  <TR>
    <TD noWrap align=left width="5%">&nbsp;</TD>
    <TD noWrap align=left width="94%"></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="5%"><FONT face=serif size=2>Exhibit
      C</FONT>&nbsp; </TD>
    <TD noWrap align=left width="94%"><FONT face=serif size=2>Employees who
      shall enter into Employment Agreements</FONT>&nbsp; </TD></TR>
  <TR>
    <TD noWrap align=left width="5%">&nbsp;</TD>
    <TD noWrap align=left width="94%"></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="5%"><FONT face=serif size=2>Exhibit
      D</FONT>&nbsp; </TD>
    <TD noWrap align=left width="94%"><FONT face=serif size=2>Escrow
      Agreement</FONT>&nbsp; </TD></TR>
  <TR>
    <TD noWrap align=left width="5%">&nbsp;</TD>
    <TD noWrap align=left width="94%"></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="5%"><FONT face=serif size=2>Exhibit
      E</FONT>&nbsp; </TD>
    <TD noWrap align=left width="94%"><FONT face=serif size=2>Pro Rata Payment
      Percentages</FONT>&nbsp; </TD></TR>
  <TR>
    <TD noWrap align=left width="5%">&nbsp;</TD>
    <TD noWrap align=left width="94%"></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="5%"><FONT face=serif size=2>Exhibit
      F</FONT>&nbsp; </TD>
    <TD noWrap align=left width="94%"><FONT face=serif size=2>Form of Opinion
      of Counsel for the Company</FONT>&nbsp; </TD></TR>
  <TR>
    <TD noWrap align=left width="5%">&nbsp;</TD>
    <TD noWrap align=left width="94%"></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="5%"><FONT face=serif size=2>Exhibit
      G</FONT>&nbsp; </TD>
    <TD noWrap align=left width="94%"><FONT face=serif size=2>Form of Share
      Transfer Forms</FONT>&nbsp; </TD></TR>
  <TR>
    <TD noWrap align=left width="5%">&nbsp;</TD>
    <TD noWrap align=left width="94%"></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="5%"><FONT face=serif size=2>Exhibit
      H</FONT>&nbsp; </TD>
    <TD noWrap align=left width="94%"><FONT face=serif size=2>Form of Tax
      Forms</FONT>&nbsp; </TD></TR>
  <TR>
    <TD noWrap align=left width="5%">&nbsp;</TD>
    <TD noWrap align=left width="94%"></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="5%"><FONT face=serif size=2>Exhibit
      I</FONT>&nbsp; </TD>
    <TD noWrap align=left width="94%"><FONT face=serif size=2>Form of
      Acknowledgment of Intellectual Property Rights Assignment</FONT>&nbsp;
  </TD></TR></TABLE><BR>
<P align=center><FONT face=serif size=2>-iv- </FONT></P>
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<PAGE>
<P align=center><B><U><FONT face=serif size=2>STOCK PURCHASE AND SALE
AGREEMENT</FONT></U></B><B><FONT face=serif size=2> </FONT></B></P>
<P align=justify><FONT face=serif size=2>This STOCK PURCHASE AND SALE AGREEMENT
(this &#147;</FONT><U><FONT face=serif size=2>Agreement</FONT></U><FONT face=serif size=2>&#148;), dated as of October 8, 2007, is made by and among TEMPRESS HOLDINGS
B.V., a limited liability company formed under the laws of the Netherlands
(&#147;</FONT><U><FONT face=serif size=2>Buyer</FONT></U><FONT face=serif size=2>&#148;);
R2D INGENIERIE SAS, a Montpellier, France simplified joint stock company (the
&#147;</FONT><U><FONT face=serif size=2>Company</FONT></U><FONT face=serif size=2>&#148;);
and the undersigned shareholders/beneficiaries of such shareholders of the
Company (each a &#147;</FONT><U><FONT face=serif size=2>Shareholder</FONT></U><FONT face=serif size=2>&#148; and, collectively, the &#147;</FONT><U><FONT face=serif size=2>Shareholders</FONT></U><FONT face=serif size=2>&#148;). Buyer, the Company and
the Shareholders are sometimes collectively referred to herein as the &#147;parties.&#148;
</FONT></P>
<P align=center><B><U><FONT face=serif size=2>RECITALS</FONT></U></B><B><FONT face=serif size=2> </FONT></B></P>
<P align=justify><B><FONT face=serif size=2>WHEREAS </FONT></B><FONT face=serif size=2>the Shareholders collectively own, of record and beneficially, 120,000
shares of stock, par value 1 Euro, of the Company (the &#147;</FONT><U><FONT face=serif size=2>Company Stock</FONT></U><FONT face=serif size=2>&#148;);
</FONT></P>
<P align=justify><B><FONT face=serif size=2>WHEREAS</FONT></B><FONT face=serif size=2>, the shares of the Company Stock referred to in the preceding recital
constitute all of the issued and outstanding capital stock of the Company;
</FONT></P>
<P align=justify><B><FONT face=serif size=2>WHEREAS</FONT></B><FONT face=serif size=2>, the Shareholders desire to sell the Company Stock to Buyer, and Buyer
desires to purchase the Company Stock from the Shareholders, all on the terms
and subject to the conditions set forth in this Agreement (the &#147;</FONT><U><FONT face=serif size=2>Transaction</FONT></U><FONT face=serif size=2>&#148;); </FONT></P>
<P align=justify><B><FONT face=serif size=2>WHEREAS</FONT></B><FONT face=serif size=2>, all annexes, disclosure schedules, exhibits and other attachments
hereto are incorporated herein by reference and, taken together with this
Agreement, including the foregoing Recitals, shall constitute but a single
agreement; </FONT></P>
<P align=justify><B><FONT face=serif size=2>WHEREAS</FONT></B><FONT face=serif size=2>, the parties wish to set forth certain other agreements among them.
</FONT></P>
<P align=justify><B><FONT face=serif size=2>NOW</FONT></B><FONT face=serif size=2>, </FONT><B><FONT face=serif size=2>THEREFORE</FONT></B><FONT face=serif size=2>, in consideration of the mutual covenants contained herein and other
good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, and intending to be legally bound, the parties hereto agree as
follows: </FONT></P>
<P align=center><B><U><FONT face=serif size=2>ARTICLE I</FONT></U></B><B><FONT face=serif size=2> </FONT></B></P>
<P align=center><B><U><FONT face=serif size=2>DEFINITIONS</FONT></U></B><B><FONT face=serif size=2> </FONT></B></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>1.1</FONT><FONT face=sans-serif> </FONT><B><U><FONT face=serif size=2>Certain Definitions</FONT></U></B><FONT face=serif size=2>. As used in
this Agreement, the following terms shall have the following meanings:
</FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(a)</FONT><FONT face=sans-serif> </FONT><FONT face=serif size=2>&#147;</FONT><U><FONT face=serif size=2>Accounts Payable</FONT></U><FONT face=serif size=2>&#148; means all trade accounts payable of the Company determined
in accordance with French GAAP and reflected on the books and records of the
Company, but excluding any other accrued liabilities. </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(b)</FONT><FONT face=sans-serif> </FONT><FONT face=serif size=2>&#147;</FONT><U><FONT face=serif size=2>Accounts Receivable</FONT></U><FONT face=serif size=2>&#148; means all accounts receivable of the Company determined in
accordance with French GAAP and reflected on the books and records of the
Company. </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(c)</FONT><FONT face=sans-serif> </FONT><FONT face=serif size=2>&#147;</FONT><U><FONT face=serif size=2>Affiliate</FONT></U><FONT face=serif size=2>&#148; of any entity means any Person, directly or indirectly controlling,
controlled by or under common control with such entity, and includes (without
limitation) any Person who is an officer, director or employee of such entity.
As used in this definition, </FONT></P>
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<PAGE>
<P align=justify><FONT face=serif size=2>&#147;</FONT><U><FONT face=serif size=2>controlling</FONT></U><FONT face=serif size=2>&#148; (including, with its
correlative meanings, &#147;</FONT><U><FONT face=serif size=2>controlled
by</FONT></U><FONT face=serif size=2>&#148; and &#147;</FONT><U><FONT face=serif size=2>under common </FONT></U><U><FONT face=serif size=2>control
with</FONT></U><FONT face=serif size=2>&#148;) means possession, directly or
indirectly, of power to direct or cause the direction of management or policies
(whether through ownership of securities, partnership or other ownership
interests, by contract or otherwise). With respect to any Person who is a
natural person, &#147;</FONT><U><FONT face=serif size=2>Affiliates</FONT></U><FONT face=serif size=2>&#148; of any Person shall mean such Person&#146;s spouse, children,
grandchildren, brothers, sisters or parents and any trust the beneficiaries of
which are such Person, his or her spouse, children, grandchildren or parents.
</FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(d)</FONT><FONT face=sans-serif> </FONT><FONT face=serif size=2>&#147;</FONT><U><FONT face=serif size=2>Authority</FONT></U><FONT face=serif size=2>&#148; means any federal, state, local or foreign government department,
administrative or regulatory agency, authority, commission, board, tribunal or
court or other law, rule or regulation-making entity having jurisdiction over
the Company. </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(e)</FONT><FONT face=sans-serif> </FONT><FONT face=serif size=2>&#147;</FONT><U><FONT face=serif size=2>Business</FONT></U><FONT face=serif size=2>&#148; means any business or aspect or segment in which the Company or its
direct or indirect subsidiaries or Affiliates is engaged as of the date hereof,
including but not limited to the semiconductor and solar manufacturing
automation industry and any business, or aspect or segment, other than the
Business, in which the Company or its direct or indirect subsidiaries or
Affiliates may, at any time, be engaged. </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(f)</FONT><FONT face=sans-serif> </FONT><FONT face=serif size=2>&#147;</FONT><U><FONT face=serif size=2>Business Day</FONT></U><FONT face=serif size=2>&#148; means any day except Saturday, Sunday or any day on which
banks are generally not open for business in the City of Paris, France.
</FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(g)</FONT><FONT face=sans-serif> </FONT><FONT face=serif size=2>&#147;</FONT><U><FONT face=serif size=2>Buyer Ancillary
Document</FONT></U><FONT face=serif size=2>&#148; means any certificate, agreement,
document or other instrument, other than this Agreement, to be executed and
delivered by Buyer in connection with the transactions contemplated hereby.
</FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(h)</FONT><FONT face=sans-serif> </FONT><FONT face=serif size=2>&#147;</FONT><U><FONT face=serif size=2>Collective Bargaining
Agreements</FONT></U><FONT face=serif size=2>&#148; means any agreement with any
union, or other collective agreements, by which the Company is bound, and all
related documents including all benefit agreements, letters of understanding,
letters of intent and other written communications with unions or bargaining
agents for any employees of the Company which impose any obligations upon the
Company or set out the understanding of the parties to the collective agreements
with respect to the meaning of any provisions of such collective agreements.
</FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(i)</FONT><FONT face=sans-serif> </FONT><FONT face=serif size=2>&#147;</FONT><U><FONT face=serif size=2>Company Debt</FONT></U><FONT face=serif size=2>&#148; means, without duplication, (i) all indebtedness of the
Company for borrowed money (including overdrafts and outstanding checks); (ii)
all obligations of the Company for the deferred purchase price of property or
services in connection with installment purchases or other similar financing
transactions (excluding trade accounts payable and accrued expenses and taxes
incurred or accrued in the ordinary course of business and consistent with past
practice); (iii) all obligations of the Company evidenced by notes, bonds,
debentures or other similar instruments; (iv) all obligations of the Company as
lessee under leases that have been or should have been, in accordance with
French GAAP, recorded as capital leases; (v) all debt of Shareholders of the
type referred to in clauses (i) through (iv) above which is directly or
indirectly in any manner guaranteed by the Company; (vi) all accrued but unpaid
interest (or interest equivalent) to the date of determination, in each case, as
at the date of determination; and (vii) prepayment or similar penalties and
expenses which would be payable if such indebtedness were paid in full as of the
date of determination. </FONT></P>
<P align=center><FONT face=serif size=2>2 </FONT></P>
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<PAGE>


<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT size=2><FONT face=serif>(j)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>&#147;</FONT><U><FONT face=serif>Customer</FONT></U><FONT face=serif>&#148;
means each customer that paid the Company in the aggregate more than &euro;10,000
during the 12-month period ended on the date hereof.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT face=serif><FONT size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>(k)<FONT face=sans-serif></FONT>
&#147;<U><FONT face=serif>Escrow Agent</FONT></U>&#148; shall mean Taylor
Wessing.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT size=2><FONT face=serif>(l)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>&#147;</FONT><U><FONT face=serif>Escrow Agreement</FONT></U><FONT face=serif>&#148; shall mean that certain Escrow Agreement to be entered into among
Buyer, the Company, each of the Shareholders and the Escrow Agent, in the form
of</FONT> <U><FONT face=serif>Exhibit D</FONT></U> <FONT face=serif>attached
hereto, and including that certain Letter Agreement, entered into among the
Buyer and each of the Shareholders.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT size=2><FONT face=serif>(m)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>&#147;</FONT><U><FONT face=serif>Fraud&#148;: means</FONT></U> <FONT face=serif>an intentional false representation of a matter of fact, whether by
words or by conduct, by false or misleading statements, or by concealment of
that which should have been disclosed, which deceives and is intended to deceive
the other party, which induces the other party to act to its own
injury.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT size=2><FONT face=serif>(n)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>&#147;</FONT><U><FONT face=serif>Hazardous Substance</FONT></U><FONT face=serif>&#148; means any hazardous or toxic substance or waste, pollutant or
contaminant including petroleum products, asbestos, PCBs and radioactive
materials.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT size=2><FONT face=serif>(o)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>&#147;</FONT><U><FONT face=serif>Hazardous Waste</FONT></U><FONT face=serif>&#148; means any waste described in Article L541-1 of the Environmental
Code of France.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT size=2><FONT face=serif>(p)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>&#147;</FONT><U><FONT face=serif>Inventory</FONT></U><FONT face=serif>&#148;
means, with respect to the Company, all merchandise and all goods, components,
materials and sub-assemblies, in all stages of production, from raw materials
through work-in-process to finished goods.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT size=2><FONT face=serif>(q)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>&#147;</FONT><U><FONT face=serif>Knowledge of the Company</FONT></U><FONT face=serif>&#148; means the actual knowledge of each of the Shareholders in the
ordinary course of business with respect to the matter in
question.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT size=2><FONT face=serif>(r)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>&#147;</FONT><U><FONT face=serif>Labor Laws</FONT></U><FONT face=serif>&#148;
means all Laws and orders governing or concerning labor relations, unions and
collective bargaining, conditions of employment, employment discrimination and
harassment, wages, hours or occupational safety and health.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT size=2><FONT face=serif>(s)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>&#147;</FONT><U><FONT face=serif>Laws</FONT></U><FONT face=serif>&#148; means
all statutes, rules, codes, regulations, restrictions, ordinances, orders,
decrees, approvals, directives, judgments, injunctions, writs, awards and
decrees of, or issued by, any Authority.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT size=2><FONT face=serif>(t)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>&#147;</FONT><U><FONT face=serif>Lien</FONT></U><FONT face=serif>&#148; means
(i) in respect of any asset other than a security, any lien, charge, claim,
security interest, conditional sale agreement, mortgage, security agreement,
option, pledge or other encumbrance of any nature whatsoever and (ii) in respect
of any security, any of the foregoing and, in addition, any adverse claim or
restriction on voting.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT size=2><FONT face=serif>(u)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>&#147;</FONT><U><FONT face=serif>Material Adverse Effect</FONT></U><FONT face=serif>&#148; means any effect or change that is or would be materially adverse
to the business, assets, financial condition, operations, operating results or
business of the Company, taken as a whole, but excluding any change or effect
arising from or relating to (a) general business or economic conditions,
including such conditions related to the business of the Company, (b) national
or international political or social conditions, whether or not pursuant to the
declaration of a national emergency or war, or the occurrence of any
military</FONT></FONT><FONT face=serif></FONT></P>
<P align=center><FONT face=serif size=1><FONT size=2>3</FONT></FONT></P>
<HR align=center width="100%" noShade SIZE=2>
<PAGE>
<P align=justify><FONT face=serif><FONT face=serif size=2>or terrorist attack
upon France, (c) general financial, banking, or securities markets (including
any suspension of trading in, or limitation on prices for, securities on a
securities exchange for a period in excess of three hours), (d) changes in Laws,
rules, regulations, orders, or other binding directives issued by any
governmental entity, and (e) the taking of any action contemplated by this
Agreement and the other agreements contemplated hereby, so long as in the case
of clauses (a), (b) and (c), such changes or effects do not adversely affect the
Company in a materially disproportionate manner relative to similarly situated
participants in the industries in which it operates.</FONT></FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(v)<FONT face=serif></FONT> &#147;<U><FONT face=serif>Person</FONT></U>&#148; means an individual,
a corporation, a joint venture, a limited liability company, a partnership, an
association, a trust or other entity or organization, including an
Authority.</FONT><FONT face=serif></FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(w)<FONT face=serif></FONT> &#147;<U><FONT face=serif>Release</FONT></U>&#148; means any spill,
leak, discharge, disposal, pumping, pouring, emitting, emptying, injecting,
abandoning, leaching, dumping or allowing the escape of any Hazardous
Substance.</FONT><FONT face=serif></FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(x)<FONT face=serif></FONT> &#147;<U><FONT face=serif>Pro Rata Payment Percentage</FONT></U>&#148;
means with respect to each Shareholder the percentage set forth on <U><FONT face=serif>Exhibit E</FONT></U>.</FONT><FONT face=serif></FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(y)<FONT face=serif></FONT> &#147;<U><FONT face=serif>Shareholder Agreements</FONT></U>&#148; means
any Shareholder Agreements set forth on <U><FONT face=serif>Schedule
3.3</FONT></U>.</FONT><FONT face=serif></FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(z)<FONT face=serif></FONT> &#147;<U><FONT face=serif>Shareholder Ancillary
Document</FONT></U>&#148; means any certificate, agreement, document or other
instrument, other than this Agreement, to be executed and delivered by any
Shareholder or any Affiliate of any Shareholder in connection with the
transactions contemplated hereby.</FONT><FONT face=serif></FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(aa)<FONT face=serif></FONT> &#147;<U><FONT face=serif>Supplier</FONT></U>&#148; means any supplier
that the Company has paid in the aggregate more than &euro;10,000 during the 12-month
period ended on the date hereof.</FONT><FONT face=serif></FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(bb)<FONT face=serif></FONT> &#147;<U><FONT face=serif>Tax Authority</FONT></U>&#148; means any
taxing authority of France and any other state, local or foreign agency,
department or organization responsible for the administration of
Taxes.</FONT><FONT face=serif></FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(cc)<FONT face=serif></FONT> &#147;<U><FONT face=serif>Tax Code</FONT></U>&#148; means the national
tax code of France and any other local tax statutes, codes or ordinances
applicable to the Company or the Transaction.</FONT><FONT face=serif></FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(dd)<FONT face=serif></FONT> &#147;<U><FONT face=serif>Taxes</FONT></U>&#148; means any province,
state, local, French and foreign income, payroll, withholding, excise, sales,
use, license, lease, personal and other property, use and occupancy, business
and occupation, mercantile, real estate, gross receipts, employment, severance,
stamp, premium, windfall profits, social security (or similar unemployment),
unemployment compensation, disability, transfer, registration, value-added,
alternative or add-on minimum, estimated, capital stock and franchise, goods and
services, health, social services and education taxes; all customs, import and
export taxes or duties; and any other tax of any kind whatsoever, including
interest, penalties, additions to tax and fines on any of the foregoing, whether
or not disputed.</FONT><FONT face=serif></FONT></P>
<P align=center><FONT face=serif size=1><FONT face=serif size=2>4</FONT></FONT></P>
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<PAGE>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(ee)<FONT face=serif></FONT> &#147;<U><FONT face=serif>Tax Return</FONT></U>&#148; means any return,
declaration, report, claim for refund, or information return or statement
relating to Taxes, including any schedule or attachment thereto, and including
any amendment thereof.</FONT><FONT face=serif></FONT></P>
<P align=justify><FONT face=serif><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>(ff)<FONT face=serif></FONT>
&#147;<U><FONT face=serif>Voting Agreements</FONT></U>&#148; means any Voting Agreements
set forth on <U><FONT face=serif>Schedule 3.3</FONT></U>.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>1.2<FONT face=serif></FONT> <B><U>Index of Other Definitions</U></B>. The following terms
are defined in this Agreement in the Sections indicated below:</FONT><FONT face=serif></FONT></P>
<DIV align=center>
<TABLE cellSpacing=0 cellPadding=0 width="98%" border=0>

  <TR vAlign=bottom>
    <TD align=left width="49%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      <FONT face=serif size=2><U><B>Term</B></U></FONT></TD>
    <TD align=left width="50%"><B><U><FONT face=serif><FONT face=serif size=2>Section</FONT></FONT></U></B></TD></TR>
  <TR vAlign=bottom>
    <TD align=left width="49%" bgColor=#c0c0c0><FONT face=serif><FONT face=serif size=2>Agreement</FONT></FONT> </TD>
    <TD align=left width="50%" bgColor=#c0c0c0><FONT face=serif><FONT face=serif size=2>Preamble&nbsp;</FONT></FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left width="49%"><FONT face=serif><FONT face=serif size=2>Buyer<FONT size=3> </FONT></FONT></FONT></TD>
    <TD align=left width="50%"><FONT face=serif><FONT face=serif size=2>Preamble&nbsp;</FONT></FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left width="49%" bgColor=#c0c0c0><FONT face=serif><FONT face=serif size=2>Company<FONT size=3> </FONT></FONT></FONT></TD>
    <TD align=left width="50%" bgColor=#c0c0c0><FONT face=serif><FONT face=serif size=2>Preamble&nbsp;</FONT></FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left width="49%"><FONT face=serif><FONT face=serif size=2>Shareholders<FONT size=3> </FONT></FONT></FONT></TD>
    <TD align=left width="50%"><FONT face=serif><FONT face=serif size=2>Preamble&nbsp;</FONT></FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left width="49%" bgColor=#c0c0c0><FONT face=serif><FONT face=serif size=2>Company Stock<FONT size=3> </FONT></FONT></FONT></TD>
    <TD align=left width="50%" bgColor=#c0c0c0><FONT face=serif><FONT face=serif size=2>Recitals&nbsp;</FONT></FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left width="49%"><FONT face=serif><FONT face=serif size=2>Transaction<FONT size=3> </FONT></FONT></FONT></TD>
    <TD align=left width="50%"><FONT face=serif><FONT face=serif size=2>Recitals&nbsp;</FONT></FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left width="49%" bgColor=#c0c0c0><FONT face=serif><FONT face=serif size=2>Closing<FONT size=3> </FONT></FONT></FONT></TD>
    <TD align=left width="50%" bgColor=#c0c0c0><FONT face=serif><FONT face=serif size=2>2.2&nbsp;</FONT></FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left width="49%"><FONT face=serif><FONT face=serif size=2>Closing Date<FONT size=3> </FONT></FONT></FONT></TD>
    <TD align=left width="50%"><FONT face=serif><FONT face=serif size=2>2.2&nbsp;</FONT></FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left width="49%" bgColor=#c0c0c0><FONT face=serif><FONT face=serif size=2>Purchase Price<FONT size=3> </FONT></FONT></FONT></TD>
    <TD align=left width="50%" bgColor=#c0c0c0><FONT face=serif><FONT face=serif size=2>2.4&nbsp;</FONT></FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left width="49%"><FONT face=serif><FONT face=serif size=2>Escrow
      Amount<FONT size=3> </FONT></FONT></FONT></TD>
    <TD align=left width="50%"><FONT face=serif><FONT face=serif size=2>2.4(b)&nbsp;</FONT></FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left width="49%" bgColor=#c0c0c0><FONT face=serif><FONT face=serif size=2>Closing Date Balance Sheet<FONT size=3>
      </FONT></FONT></FONT></TD>
    <TD align=left width="50%" bgColor=#c0c0c0><FONT face=serif><FONT face=serif size=2>2.7&nbsp;</FONT></FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left width="49%"><FONT face=serif><FONT face=serif size=2>Shareholders&#146; Report<FONT size=3> </FONT></FONT></FONT></TD>
    <TD align=left width="50%"><FONT face=serif><FONT face=serif size=2>2.8(a)&nbsp;</FONT></FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left width="49%" bgColor=#c0c0c0><FONT face=serif><FONT face=serif size=2>Shareholders&#146; Accountants<FONT size=3>
      </FONT></FONT></FONT></TD>
    <TD align=left width="50%" bgColor=#c0c0c0><FONT face=serif><FONT face=serif size=2>2.8(a)&nbsp;</FONT></FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left width="49%"><FONT face=serif><FONT face=serif size=2>Settlement Accountants<FONT size=3> </FONT></FONT></FONT></TD>
    <TD align=left width="50%"><FONT face=serif><FONT face=serif size=2>2.8(b)&nbsp;</FONT></FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left width="49%" bgColor=#c0c0c0><FONT face=serif><FONT face=serif size=2>Lease Agreement<FONT size=3> </FONT></FONT></FONT></TD>
    <TD align=left width="50%" bgColor=#c0c0c0><FONT face=serif><FONT face=serif size=2>2.10(a)(vi)&nbsp;</FONT></FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left width="49%"><FONT face=serif><FONT face=serif size=2>Shareholders Employee/Officer Agreements<FONT size=3>
      </FONT></FONT></FONT></TD>
    <TD align=left width="50%"><FONT face=serif><FONT face=serif size=2>2.10(a)(vii)&nbsp;</FONT></FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left width="49%" bgColor=#c0c0c0><FONT face=serif><FONT face=serif size=2>Employment Agreements<FONT size=3>
    </FONT></FONT></FONT></TD>
    <TD align=left width="50%" bgColor=#c0c0c0><FONT face=serif><FONT face=serif size=2>2.10(a)(viii)&nbsp;</FONT></FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left width="49%"><FONT face=serif><FONT face=serif size=2>Subsidiary<FONT size=3> </FONT></FONT></FONT></TD>
    <TD align=left width="50%"><FONT face=serif><FONT face=serif size=2>3.2&nbsp;</FONT></FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left width="49%" bgColor=#c0c0c0><FONT face=serif><FONT face=serif size=2>Historical Financial Statements<FONT size=3>
      </FONT></FONT></FONT></TD>
    <TD align=left width="50%" bgColor=#c0c0c0><FONT face=serif><FONT face=serif size=2>3.6(a)&nbsp;</FONT></FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left width="49%"><FONT face=serif><FONT face=serif size=2>Interim Financial Statements<FONT size=3> </FONT></FONT></FONT></TD>
    <TD align=left width="50%"><FONT face=serif><FONT face=serif size=2>3.6(a)&nbsp;</FONT></FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left width="49%" bgColor=#c0c0c0><FONT face=serif><FONT face=serif size=2>Financial Statements<FONT size=3>
    </FONT></FONT></FONT></TD>
    <TD align=left width="50%" bgColor=#c0c0c0><FONT face=serif><FONT face=serif size=2>3.6(a)&nbsp;</FONT></FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left width="49%"><FONT face=serif><FONT face=serif size=2>Affiliate Loans<FONT size=3> </FONT></FONT></FONT></TD>
    <TD align=left width="50%"><FONT face=serif><FONT face=serif size=2>3.11&nbsp;</FONT></FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left width="49%" bgColor=#c0c0c0><FONT face=serif><FONT face=serif size=2>Material Contracts<FONT size=3> </FONT></FONT></FONT></TD>
    <TD align=left width="50%" bgColor=#c0c0c0><FONT face=serif><FONT face=serif size=2>3.13&nbsp;</FONT></FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left width="49%"><FONT face=serif><FONT face=serif size=2>Permits<FONT size=3> </FONT></FONT></FONT></TD>
    <TD align=left width="50%"><FONT face=serif><FONT face=serif size=2>3.14(a)&nbsp;</FONT></FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left width="49%" bgColor=#c0c0c0><FONT face=serif><FONT face=serif size=2>Real Estate<FONT size=3> </FONT></FONT></FONT></TD>
    <TD align=left width="50%" bgColor=#c0c0c0><FONT face=serif><FONT face=serif size=2>3.15(a)&nbsp;</FONT></FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left width="49%"><FONT face=serif><FONT face=serif size=2>Environmental Laws<FONT size=3> </FONT></FONT></FONT></TD>
    <TD align=left width="50%"><FONT face=serif><FONT face=serif size=2>3.15(a)(i)&nbsp;</FONT></FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left width="49%" bgColor=#c0c0c0><FONT face=serif><FONT face=serif size=2>Environmental Permits<FONT size=3>
    </FONT></FONT></FONT></TD>
    <TD align=left width="50%" bgColor=#c0c0c0><FONT face=serif><FONT face=serif size=2>3.15(a)(ii)&nbsp;</FONT></FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left width="49%"><FONT face=serif><FONT face=serif size=2>Real
      Properties<FONT size=3> </FONT></FONT></FONT></TD>
    <TD align=left width="50%"><FONT face=serif><FONT face=serif size=2>3.18(a)&nbsp;</FONT></FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left width="49%" bgColor=#c0c0c0><FONT face=serif><FONT face=serif size=2>Leases<FONT size=3> </FONT></FONT></FONT></TD>
    <TD align=left width="50%" bgColor=#c0c0c0><FONT face=serif><FONT face=serif size=2>3.18(b)&nbsp;</FONT></FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left width="49%"><FONT face=serif><FONT face=serif size=2>Owned
      Real Property<FONT size=3> </FONT></FONT></FONT></TD>
    <TD align=left width="50%"><FONT face=serif><FONT face=serif size=2>3.18(c)&nbsp;</FONT></FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left width="49%" bgColor=#c0c0c0><FONT face=serif><FONT face=serif size=2>Leased Real Property<FONT size=3>
    </FONT></FONT></FONT></TD>
    <TD align=left width="50%" bgColor=#c0c0c0><FONT face=serif><FONT face=serif size=2>3.18(c)&nbsp;</FONT></FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left width="49%"><FONT face=serif><FONT face=serif size=2>Minerals<FONT size=3> </FONT></FONT></FONT></TD>
    <TD align=left width="50%"><FONT face=serif><FONT face=serif size=2>3.18(c)(v)&nbsp;</FONT></FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left width="49%" bgColor=#c0c0c0><FONT face=serif><FONT face=serif size=2>Owned IP Rights<FONT size=3> </FONT></FONT></FONT></TD>
    <TD align=left width="50%" bgColor=#c0c0c0><FONT face=serif><FONT face=serif size=2>3.24(a)&nbsp;</FONT></FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left width="49%"><FONT face=serif><FONT face=serif size=2>Licensed IP Rights<FONT size=3> </FONT></FONT></FONT></TD>
    <TD align=left width="50%"><FONT face=serif><FONT face=serif size=2>3.24(c)&nbsp;</FONT></FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left width="49%" bgColor=#c0c0c0><FONT face=serif><FONT face=serif size=2>IP Rights<FONT size=3> </FONT></FONT></FONT></TD>
    <TD align=left width="50%" bgColor=#c0c0c0><FONT face=serif><FONT face=serif size=2>3.24(d)&nbsp;</FONT></FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left width="49%"><FONT face=serif><FONT face=serif size=2>Trade
      Secrets</FONT></FONT> </TD>
    <TD align=left width="50%"><FONT face=serif><FONT face=serif size=2>3.24(i)&nbsp;</FONT></FONT></TD></TR></TABLE></DIV><BR>
<P align=center><FONT face=serif size=1><FONT face=serif size=2>5</FONT></FONT></P>
<HR align=center width="100%" noShade SIZE=2>
<PAGE><BR>
<DIV align=center>
<TABLE cellSpacing=0 cellPadding=0 width="98%" border=0>

  <TR vAlign=bottom>
    <TD align=left width="49%"><FONT face=serif><FONT size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      </FONT><STRONG><U>Term</U></STRONG></FONT></FONT></TD>
    <TD align=left width="50%"><B><U><FONT face=serif><FONT size=2>Section</FONT></FONT></U></B></TD></TR>
  <TR vAlign=bottom>
    <TD align=left width="49%" bgColor=#c0c0c0><FONT face=serif><FONT size=2>Company Software</FONT></FONT>&nbsp;</TD>
    <TD align=left width="50%" bgColor=#c0c0c0><FONT face=serif><FONT size=2>3.24(j)&nbsp;</FONT></FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left width="49%"><FONT face=serif><FONT size=2>Proprietary
      Company Software</FONT><FONT size=3>&nbsp;</FONT></FONT></TD>
    <TD align=left width="50%"><FONT face=serif><FONT size=2>3.24(k)&nbsp;</FONT></FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left width="49%" bgColor=#c0c0c0><FONT face=serif><FONT size=2>Plan(s)</FONT><FONT size=3>&nbsp;</FONT></FONT></TD>
    <TD align=left width="50%" bgColor=#c0c0c0><FONT face=serif><FONT size=2>3.25(a)&nbsp;</FONT></FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left width="49%"><FONT face=serif><FONT size=2>Benefit
      Plans</FONT><FONT size=3>&nbsp;</FONT></FONT></TD>
    <TD align=left width="50%"><FONT face=serif><FONT size=2>3.25(a)&nbsp;</FONT></FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left width="49%" bgColor=#c0c0c0><FONT face=serif><FONT size=2>Warranty</FONT><FONT size=3>&nbsp;</FONT></FONT></TD>
    <TD align=left width="50%" bgColor=#c0c0c0><FONT face=serif><FONT size=2>3.31(a)&nbsp;</FONT></FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left width="49%"><FONT face=serif><FONT size=2>Continuation
      Period</FONT><FONT size=3>&nbsp;</FONT></FONT></TD>
    <TD align=left width="50%"><FONT face=serif><FONT size=2>5.12(b)&nbsp;</FONT></FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left width="49%" bgColor=#c0c0c0><FONT face=serif><FONT size=2>Damages</FONT><FONT size=3>&nbsp;</FONT></FONT></TD>
    <TD align=left width="50%" bgColor=#c0c0c0><FONT face=serif><FONT size=2>7.2(a)(ii)&nbsp;</FONT></FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left width="49%"><FONT face=serif><FONT size=2>Indemnified
      Party</FONT><FONT size=3>&nbsp;</FONT></FONT></TD>
    <TD align=left width="50%"><FONT face=serif><FONT size=2>7.2(b)(i)&nbsp;</FONT></FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left width="49%" bgColor=#c0c0c0><FONT face=serif><FONT size=2>Indemnifying Party</FONT><FONT size=3>&nbsp;</FONT></FONT></TD>
    <TD align=left width="50%" bgColor=#c0c0c0><FONT face=serif><FONT size=2>7.2(b)(i)&nbsp;</FONT></FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left width="49%"><FONT face=serif><FONT size=2>Third Party
      Claim</FONT><FONT size=3>&nbsp;</FONT></FONT></TD>
    <TD align=left width="50%"><FONT face=serif><FONT size=2>7.2(b)(i)&nbsp;</FONT></FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left width="49%" bgColor=#c0c0c0><FONT face=serif><FONT size=2>Litigation Conditions</FONT><FONT size=3>&nbsp;</FONT></FONT></TD>
    <TD align=left width="50%" bgColor=#c0c0c0><FONT face=serif><FONT size=2>7.2(b)(i)&nbsp;</FONT></FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left width="49%"><FONT face=serif><FONT size=2>Surviving
      Representations</FONT><FONT size=3>&nbsp;</FONT></FONT></TD>
    <TD align=left width="50%"><FONT face=serif><FONT size=2>7.2(b)(vii)&nbsp;</FONT></FONT></TD></TR></TABLE></DIV><BR>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT size=2><FONT face=serif>1.3<FONT face=sans-serif></FONT>
<B><U>Usage</U></B><B>.</B></FONT></FONT><B><FONT face=serif></FONT></B></P>
<P align=justify><FONT face=serif><FONT size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>(a)<FONT face=sans-serif></FONT>
<U>Interpretation</U>. In this Agreement, unless a clear contrary intention
appears:</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT face=serif><FONT size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>(i)<FONT face=sans-serif></FONT> the singular number includes the plural number and vice
versa;</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT size=2><FONT face=serif>(ii)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>reference to any Person includes such Person&#146;s successors and assigns
but, if applicable, only if such successors and assigns are not prohibited by
this Agreement, and reference to a Person in a particular capacity excludes such
Person in any other capacity or individually;</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT face=serif><FONT size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>(iii)<FONT face=sans-serif></FONT> reference to any gender includes each other
gender;</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face=serif>(iv)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>reference
to any agreement, document or instrument means such agreement, document or
instrument as amended or modified and in effect from time to time in accordance
with the terms thereof;</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face=serif>(v)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>&#147;hereunder,&#148;
&#147;hereof,&#148; &#147;hereto,&#148; and words of similar import shall be deemed references to
this Agreement as a whole and not to any particular Article, Section or other
provision hereof;</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face=serif>(vi)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>&#147;including&#148;
(and with correlative meaning &#147;include&#148;) means including without limiting the
generality of any description preceding such term;</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT face=serif><FONT size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>(vii)<FONT face=sans-serif></FONT> &#147;or&#148; is used in the inclusive sense of
&#147;and/or&#148;;</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face=serif>(viii)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>with
respect to the determination of any period of time, &#147;from&#148; means &#147;from and
including&#148; and &#147;to&#148; means &#147;to but excluding&#148;; and</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face=serif>(ix)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>references
to documents, instruments or agreements shall be deemed to refer as well to all
addenda, exhibits, schedules or amendments thereto.</FONT></FONT><FONT face=serif></FONT></P>
<P align=center><FONT face=serif size=1><FONT size=2>6</FONT></FONT></P>
<HR align=center width="100%" noShade SIZE=2>
<PAGE>
<P align=justify><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>(b)<FONT face=serif></FONT> <U>Legal
Representation of the Parties</U>. This Agreement was negotiated by the parties
with the benefit of legal representation, and any rule of construction or
interpretation otherwise requiring this Agreement to be construed or interpreted
against any party shall not apply to any construction or interpretation
hereof.</FONT><FONT face=serif></FONT></P>
<P align=center><B><U><FONT face=serif><FONT face=serif size=2>ARTICLE
II</FONT></FONT></U></B><B><FONT face=serif></FONT></B></P>
<P align=center><B><U><FONT face=serif><FONT face=serif size=2>THE
TRANSACTIONS</FONT></FONT></U></B><B><FONT face=serif></FONT></B></P>
<P align=justify><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>2.1<FONT face=serif></FONT>
<B><U>The Transactions and the Effective Date</U></B>. The Shareholders
collectively own 100% of the issued and outstanding Company Stock. Subject to
the terms and conditions of this Agreement, at the Closing, the Shareholders
shall sell, transfer, convey and deliver to Buyer, and Buyer shall purchase from
the Shareholders, all of the Company Stock, free and clear of all Liens. The
Effective Date of this Agreement and the Transaction shall be October 1,
2007.</FONT></P>
<P align=justify><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>2.2<FONT face=serif></FONT>
<B><U>Closing</U></B>. The closing of the Transaction (the &#147;<U><FONT face=serif>Closing</FONT></U>&#148;) shall take place at the date of this Agreement
(the &#147;<U><FONT face=serif>Closing Date</FONT></U>&#148;), subject in all respects to
the provisions hereof, including the satisfaction (or waiver, as applicable) of
each of the conditions to Closing set forth in <U><FONT face=serif>Sections
6.1</FONT></U> and <U><FONT face=serif>6.2</FONT></U> hereof and full payment of
the Purchase Price.</FONT><FONT face=serif></FONT></P>
<P align=justify><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>2.3<FONT face=serif></FONT>
<B><U>Company Stock Certificates</U></B>. The Shareholders shall deliver to
Buyer on the Closing Date, the updated share transfer register of the Company
(the &#147;<U><FONT face=serif>Share Transfer Register</FONT></U>&#148;) and the updated
Shareholders&#146; accounts (the &#147;<U><FONT face=serif>Shareholders&#146;
Accounts</FONT></U>&#148;) evidencing that the shares representing the Company Stock
are free and clear of all Liens and are transferred, as of the Closing, to
Buyer.</FONT><FONT face=serif></FONT></P>
<P align=justify><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>2.4<FONT face=serif></FONT>
<B><U>Payment of Purchase Price</U></B>. In addition to the repayment of the
Affiliate Loan described in <U><FONT face=serif>Section 2.6</FONT></U>, as
payment in full for the Company Stock being acquired by Buyer hereunder, Buyer
shall pay, in the manner set forth in this <U><FONT face=serif>Section
2.4</FONT></U>, an amount equal to the sum of Four Million Two Hundred Eighty
Five Thousand Three Hundred and Thirty-Two Euros (&euro;4,285,332) as
follows:</FONT><FONT face=serif></FONT></P>
<P align=justify><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>(a)<FONT face=serif></FONT> Subject
to <U><FONT face=serif>Section 2.6</FONT></U> hereof, on the Closing Date, Buyer
shall deliver to the Shareholders, by wire transfer of immediately available
funds to a bank account designated by the Shareholders, Two Million Nine Hundred
Ten Thousand Three Hundred Thirty-Two Euros (&euro;2,910,332).</FONT><FONT face=serif></FONT></P>
<P align=justify><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>(b)<FONT face=serif></FONT> On the
Closing Date, Buyer shall deliver to the Escrow Agent, the sum of One Million
Three Hundred Seventy-Five Thousand Euros (&euro;1,375,000) by wire transfer of
immediately available funds (the &#147;<U><FONT face=serif>Escrow
Amount</FONT></U>&#148;). The Escrow Amount shall be held by the Escrow Agent
pursuant to the terms and conditions of this Agreement and the Escrow Agreement.
The Escrow Agreement shall include, without limitation, provisions regarding the
payment to the Shareholders (in accordance with their Pro Rata Payment
Percentage) of the balance of the Escrow Amount as provided in <U><FONT face=serif>Section 2.5</FONT></U> below.</FONT><FONT face=serif></FONT></P>
<P align=justify><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>(c)<FONT face=serif></FONT> In the
hypothesis where part or the totality of the Escrow Amount is not paid to the
Shareholders for any reason whatsoever, its is agreed between the Parties that
the balance of</FONT></P>
<P align=center><FONT face=serif size=1><FONT face=serif size=2>7</FONT></FONT></P>
<HR align=center width="100%" noShade SIZE=2>
<PAGE>
<P align=justify><FONT face=serif><FONT face=serif size=2>the Escrow Amount not
paid to the Shareholders will be considered as a reduction of the Purchase
Price.</FONT></FONT></P>
<P align=justify><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>2.5<FONT face=serif></FONT>
<B><U>Disbursement of Escrow Amount</U></B>. The Escrow Amount shall be
disbursed in the following manner, at the following times and in the following
amounts:</FONT><FONT face=serif></FONT></P>
<P align=justify><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>(a)<FONT face=serif></FONT> On the
first business day following the first anniversary of the Closing Date, an
amount to the Shareholders equal to Two Hundred Twenty-Five Thousand Euros
(&euro;225,000) minus the sum of (i) any amounts paid to the Buyer from the Escrow
Amount as provided in <U><FONT face=serif>Section 2.8(b)</FONT></U>, (ii) the
amount of all Damages paid to Buyer pursuant to <U><FONT face=serif>Section
7.2</FONT></U> on or prior to the first anniversary of the Closing Date, and
(iii) the amount of Damages subject to unresolved claims made by Buyer pursuant
to and in accordance with <U><FONT face=serif>Section 7.2</FONT></U> on or prior
to the first anniversary of the Closing Date.</FONT><FONT face=serif></FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(b)<FONT face=serif></FONT> The balance of the Escrow Amount shall be disbursed in
accordance with the Escrow Agreement.</FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>2.6<FONT face=serif></FONT> <B><U>Repayment of Affiliate Loans</U></B>. On the Closing
Date, the Buyer shall deliver to the Company, and the Company shall immediately
deliver to the Shareholders, by wire transfer of immediately available funds to
a bank account designated by the Shareholders, Seven Hundred Fourteen Thousand
Six Hundred and Sixty-Eight Euros (&euro;714,668) as repayment in full of the
Affiliate Loans set forth on <U><FONT face=serif>Schedule
3.11</FONT></U>.</FONT><FONT face=serif></FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>2.7<FONT face=serif></FONT> <B><U>Closing Date Balance Sheet</U></B>. As soon as
practical (and in no event later than ninety (90) days after the Closing Date),
Buyer shall cause to be prepared and delivered to the Shareholders a balance
sheet for the Company dated as of the Closing Date (the &#147;<U><FONT face=serif>Closing Date </FONT></U><FONT face=serif></FONT><U>Balance
Sheet</U>&#148;).</FONT><FONT face=serif></FONT></P>
<P align=justify><FONT face=serif><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>2.8<FONT face=serif></FONT>
<B><U>Intentionally Omitted</U></B><B>.</B></FONT></FONT><B><FONT face=serif></FONT></B></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>2.9<FONT face=serif></FONT> <B><U>Shareholder Release</U></B>. In consideration for the
agreement and covenants of Buyer set forth in this Agreement, each Shareholder
and each of its Affiliates hereby knowingly, voluntarily and unconditionally
releases, forever discharges, and covenants not to sue Buyer, the Company, or
their respective predecessors, successors, parents, subsidiaries or other
Affiliates, or any of their respective current and former officers, directors,
employees, agents, or representatives from and for any and all claims, causes of
action, demands, suits, debts, obligations, liabilities, damages, losses, costs,
and expenses (including attorneys&#146; fees) of every kind or nature whatsoever,
known or unknown, actual or potential, suspected or unsuspected, fixed or
contingent, that such Shareholder has or may have, now or in the future, arising
out of, relating to, or resulting from any act of commission or omission,
errors, negligence, strict liability, breach of contract, tort, violations of
Law, matter or cause whatsoever from the beginning of time to the Closing Date;
<U><FONT face=serif>provided</FONT></U>, <U><FONT face=serif>however</FONT></U>,
that such release shall not cover: (a) any claims against Buyer or any of its
Affiliates (other than the Company) unrelated in any way to the Company or (b)
any claims against Buyer arising under this Agreement, any Shareholder Ancillary
Document or any Buyer Ancillary Document.</FONT><B><FONT face=serif></FONT></B></P>
<P align=center><FONT face=serif size=1><FONT face=serif size=2>8</FONT></FONT></P>
<HR align=center width="100%" noShade SIZE=2>
<PAGE>
<P align=justify><FONT face=serif><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>2.10<FONT face=serif></FONT>
<B><U>Other Deliveries</U></B><B>.</B></FONT></FONT><B><FONT face=serif></FONT></B></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(a) At
the Closing, the Shareholders shall deliver, or cause to be delivered, to Buyer
the following:</FONT><FONT face=serif></FONT></P>
<P align=justify><FONT face=serif><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>(i)<FONT face=serif></FONT> <U>Intentionally omitted</U>;</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>(ii)<FONT face=serif></FONT> the Share Transfer Register and Shareholders&#146; Accounts
described in <U><FONT face=serif>Section 2.3</FONT></U></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT face=serif><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>(iii)<FONT face=serif></FONT> Intentionally Omitted;</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(iv)<FONT face=serif></FONT> a registration certificate and a
non-bankruptcy certificate of the Company, delivered by the French commercial
court of Montpellier, dated not more than five (5) Business Days before the
Closing Date;</FONT><FONT face=serif></FONT></P>
<P align=justify><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>(v)<FONT face=serif></FONT> the organizational record books, minute books and corporate
seal of the Company;</FONT><FONT face=serif></FONT></P>
<P align=justify><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>(vi)<FONT face=serif></FONT> the lease agreement, by and among<B><FONT face=serif></FONT></B> the Shareholders and the Company, effective as of the
Effective Date and in substantially the form of <U><FONT face=serif>Exhibit
A</FONT></U> (the &#147;<U><FONT face=serif>Lease </FONT></U><FONT face=serif></FONT><U>Agreement</U>&#148;), for the Real Property used by the Company
prior to the Closing;</FONT><FONT face=serif></FONT></P>
<P align=justify><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>(vii)<FONT face=sans-serif></FONT> the employment agreements entered into by each of Zineb
Di Cesare and Robert Di Cesare, effective as of the Effective Date and in
substantially the form of <U><FONT face=serif>Exhibit B</FONT></U> (each, an
&#147;<U><FONT face=serif>Employment Agreement</FONT></U>&#148;);</FONT><FONT face=serif></FONT></P>
<P align=justify><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>(viii)<FONT face=sans-serif></FONT> all of the Company Software, together with the source
codes and commercially adequate security for the Company Software;</FONT><FONT face=serif></FONT></P>
<P align=justify><FONT face=serif><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>(ix)<FONT face=serif></FONT> all accounting records, accounting software, and related
documents;</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>(x)<FONT face=serif></FONT> the assignment and assumption agreements for all Intellectual
Property, owned or used by the Company, including, without limitation,
assignment of all Intellectual Property owned or registered (in any country) to
any Shareholder, effective as of the Effective Date and in substantially the
form of <U><FONT face=serif>Exhibit I</FONT></U> (the &#147;<U><FONT face=serif>Intellectual Property Assignment </FONT></U><FONT face=serif></FONT><U>Agreement</U>&#148;);</FONT></P>
<P align=justify><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>(xi)<FONT face=serif></FONT> the share transfer forms (the &#147;<U><FONT face=serif>Transfer
Forms</FONT></U>&#148;) duly completed and signed by each Shareholder in the form of
<U><FONT face=serif>Exhibit G</FONT></U>;</FONT><FONT face=serif></FONT></P>
<P align=justify><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>(xii)<FONT face=sans-serif></FONT> the tax forms (the &#147;<U><FONT face=serif>Tax
Forms</FONT></U>&#148;) duly completed and signed by each Shareholder in the form of
<U><FONT face=serif>Exhibit H</FONT></U>;</FONT><FONT face=serif></FONT></P>
<P align=justify><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>(xiii)<FONT face=sans-serif></FONT> the Escrow Agreement and the Letter Agreement, effective
as of the Effective Date; and</FONT><FONT face=serif></FONT></P>
<P align=justify><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>(xiv)<FONT face=sans-serif></FONT> all other documents required to be entered into by the
Company or the Shareholders pursuant hereto or reasonably requested by Buyer to
convey the shares of Company Stock to Buyer or to otherwise consummate the
transactions contemplated hereby.</FONT><FONT face=serif></FONT></P>
<P align=center><FONT face=serif size=1><FONT face=serif size=2>9</FONT></FONT></P>
<HR align=center width="100%" noShade SIZE=2>
<PAGE>
<P align=justify><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>(b)<FONT face=serif></FONT> At the
Closing, Buyer shall deliver, or caused to be delivered to the Shareholders the
following:</FONT><FONT face=serif></FONT></P>
<P align=justify><FONT face=serif><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>(i)<FONT face=serif></FONT> Intentionally omitted;</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT face=serif><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>(ii)<FONT face=serif></FONT> the Purchase Price, paid in accordance with <U><FONT face=serif>Section 2.4</FONT></U>;</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT face=serif><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>(iii)<FONT face=serif></FONT> Intentionally omitted</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(iv)<FONT face=serif></FONT> all other documents required to
be entered into by Buyer at or prior to the Closing pursuant hereto.</FONT><FONT face=serif></FONT></P>
<P align=center><B><U><FONT face=serif><FONT face=serif size=2>ARTICLE
III</FONT></FONT></U></B><B><FONT face=serif></FONT></B></P>
<P align=center><B><U><FONT face=serif><FONT face=serif size=2>REPRESENTATIONS
AND WARRANTIES<B><FONT face=serif></FONT></B><BR>OF THE
SHAREHOLDERS</FONT></FONT></U></B><B><FONT face=serif></FONT></B></P>
<P align=justify><FONT face=serif><FONT face=serif size=2>Except as disclosed to
Buyer in the Disclosure Schedules delivered in connection with this Agreement,
the Shareholders represent and warrant to Buyer that the representations and
warranties set forth in this Article III are true and correct on the date hereof
and shall be true and correct on the Closing Date. Notwithstanding the
foregoing, any matter disclosed in any particular section of the Disclosure
Schedules shall be deemed to be disclosed in reference to any other section of
the Disclosure Schedules only if the relevance of such information to such other
Disclosure Schedule is reasonably apparent on its face.</FONT></FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>3.1<FONT face=serif></FONT> <B><U>Organization and Good Standing</U></B>. The Company is
a simplified joint stock company duly organized, validly existing and in good
standing under the laws of France. The Company has all requisite corporate power
and all governmental licenses, authorizations, consents and approvals required
for it to own, lease and operate its properties and assets as now owned, leased
and operated and to carry on its business as now being conducted. <U><FONT face=serif>Schedule 3.1</FONT></U> hereto lists all the jurisdictions in which
the Company is qualified to do business, which constitute all of the
jurisdictions in which such qualification is required by the ownership or use of
the properties owned or used by it or the nature of the activities conducted by
it, except where the failure to be so qualified would not, and would not
reasonably be expected to, individually or in the aggregate, require payment by
or a loss to either the Company of more than &euro;10,000. The Company is in good
standing under the laws of each jurisdiction listed on <U><FONT face=serif>Schedule 3.1</FONT></U>. All of the registers, account books and
corporate documents of the Company have been and continue to be regularly
maintained and give a true and accurate account of its activity as required by
legislation or regulations applicable or by internal rules.</FONT><FONT face=serif></FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>3.2<FONT face=serif></FONT> <B><U>Subsidiaries and Other Businesses</U></B>. The Company
does not have any subsidiaries. &#147;<U><FONT face=serif>Subsidiary</FONT></U>&#148;
means any Person of which a majority of the outstanding voting securities or
other voting equity interests are owned, directly or indirectly, by the Company
or for which the Company has the power to elect a majority of the board of
directors or similar governing body or the legal power to direct the business or
policies for such Person. The Company has not owned, in the past ten (10) years
prior to the date hereof, nor does it currently own, directly or indirectly, any
capital stock or other equities, securities or interests in any other
corporation or in any limited liability company, partnership, joint venture or
other entity.</FONT><FONT face=serif></FONT></P>
<P align=center><FONT face=serif size=1><FONT face=serif size=2>10</FONT></FONT></P>
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<PAGE>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>3.3<FONT face=serif></FONT> <B><U>Capitalization and Ownership</U></B>. The share capital
of the Company consists solely of 120,000 shares of stock, par value 1 Euro per
share. The Company Stock is owned beneficially and of record by the Shareholders
in the amounts set forth on <U><FONT face=serif>Schedule 3.3</FONT></U> and
constitutes one hundred percent (100%) of the issued and outstanding capital
stock of the Company. All of the outstanding shares of Company Stock have been
duly authorized and validly issued, and are fully paid and nonassessable. All of
the outstanding shares of Company Stock were issued in compliance with all
applicable French Laws. None of the outstanding securities of the Company have
been issued in violation of any pre-emptive rights, rights of first refusal or
similar rights applicable to the Company. No contract, commitment or undertaking
of any kind has been made for the issuance of additional shares of capital stock
or other securities of the Company, nor is there in effect or outstanding any
subscription, option, warrant or other right to acquire any shares of capital
stock of the Company or other instruments convertible into or exchangeable for
such shares. There are no outstanding contracts or other agreements of the
Company, the Shareholders or any other Person to purchase, redeem or otherwise
acquire any outstanding shares of the Company Stock. There are no stock plans or
similar rights with respect to the Company. There are no voting agreements or
other contracts, agreements or arrangements restricting or otherwise relating to
voting, dividend or other rights with respect to the capital stock of the
Company, except for such agreements that will be terminated prior to the Closing
or are otherwise set forth on <U><FONT face=serif>Schedule 3.3</FONT></U>. Upon
delivery of the Company Stock to Buyer pursuant to the provisions of this
Agreement, Buyer will acquire good, valid and marketable title to the Company
Stock, free and clear of any and all Liens. There are no declared dividends or
accrued but unpaid dividends (whether or not declared) in respect of the capital
stock of the Company. No prior offer, issue, redemption, call, purchase, sale,
transfer, negotiation or other transaction of any nature or kind with respect to
any capital stock (including options, warrants or debt convertible into shares,
options or warrants) of the Company has given rise to any claim or action by any
Person that is enforceable against the Company, the Shareholders or Buyer, and
no fact or circumstance exists that could give rise to any such right, claim or
action.</FONT><FONT face=serif></FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>3.4<FONT face=serif></FONT> <B><U>Authorization and Enforceability</U></B>. The Company
has full power and authority to make, execute, deliver and perform this
Agreement and to consummate the transactions contemplated hereby. The execution,
delivery and performance of this Agreement by the Company and the consummation
of the transactions contemplated hereby have been duly authorized by all
necessary corporate action on the part of the Company. This Agreement has been
duly executed and delivered by the Company and constitutes the legal, valid and
binding obligation of the Company, enforceable in accordance with its terms,
except as the enforceability thereof may be limited by bankruptcy, insolvency,
reorganization or other similar laws relating to the enforcement of creditors&#146;
rights generally and by general principles of equity.</FONT><FONT face=serif></FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>3.5<FONT face=serif></FONT> <B><U>No Violation of Laws or Agreements</U></B>. The
execution and delivery of this Agreement do not, and the consummation of the
transactions contemplated by this Agreement and the compliance with the terms,
conditions and provisions of this Agreement by the Company will not: (a)
contravene any provision of the articles of association or other organizational
documents of the Company; (b) conflict with or result in a breach of or
constitute a default (or an event which might, with the passage of time or the
giving of notice, or both, constitute a default) under, or result in or permit
the modification or termination of any provision of, or result in or permit the
acceleration of the maturity or the cancellation of the performance of any
obligation under, or result in the creation or imposition of any Lien of any
nature whatsoever upon any</FONT><FONT face=serif></FONT></P>
<P align=center><FONT face=serif size=1><FONT face=serif size=2>11</FONT></FONT></P>
<HR align=center width="100%" noShade SIZE=2>
<PAGE>
<P align=justify><FONT face=serif><FONT face=serif size=2>assets of the Company
or give to others any interests or rights therein under, any indenture,
mortgage, loan or credit agreement, license, contract, or other agreement or
commitment to which the Company is a party or by which the Company or any of
their respective assets may be bound or affected, or (c) violate or contravene
any judgment or order of any court or Authority, domestic or foreign, or any
applicable Law.</FONT></FONT></P>
<P align=justify><FONT face=serif><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>3.6<FONT face=serif></FONT>
<B><U>Financial Statements</U></B><B>.</B></FONT></FONT><B><FONT face=serif></FONT></B></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(a)<FONT face=serif></FONT> <U>Schedule 3.6</U> contains the following: consolidated
balance sheets, statements of income and retained earnings and statements of
cash flows as of, and for the fiscal years ended December 31, 2006 and 2005,
respectively (the &#147;<U><FONT face=serif>Historical Financial
Statements</FONT></U>&#148;), and unaudited consolidated balance sheets, statements
of income and retained earnings and statements of cash flows as of and for the
six-month period from January 1, 2007 through June 30, 2007 (the &#147;<U><FONT face=serif>Interim Financial Statements</FONT></U>&#148;). The Historical Financial
Statements and Interim Financial Statements included in <U><FONT face=serif>Schedule 3.6</FONT></U> hereto are sometimes collectively referred to
herein as the &#147;<U><FONT face=serif>Financial Statements</FONT></U>.&#148;</FONT><FONT face=serif></FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(b)<FONT face=serif></FONT> Each of the Financial Statements (including the related notes
and schedules) is true, complete and correct in all material respects, is
consistent with the books and records of the Company and is in accordance with
French GAAP and fairly presents the Company&#146;s financial condition, results of
operations, changes in cash flow, assets, liabilities and retained earnings as
of their respective dates and the statements of income, and retained earnings
and statements of cash flows for the periods related thereto, subject in the
case of the Interim Financial Statements, to normal year-end adjustments and the
absence of footnote disclosure. The Company maintains accurate books and records
reflecting its assets and liabilities and maintains proper and adequate internal
accounting controls sufficient to provide reasonable assurances regarding the
reliability of financial reporting and the preparation of annual financial
statements for external statutory purposes in accordance with French
GAAP.</FONT><FONT face=serif></FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(c)<FONT face=serif></FONT> All transactions conducted by the Company have been duly
recorded in its books and accounting registers and there are no present or
anticipated debts, obligations or undertakings on behalf of the Company as at
June 30, 2007 which are not reflected in the Financial Statements, which have
not been referred to in this Agreement or its Schedules or which have not arisen
in the ordinary course of business since the date as at which the said accounts
have been prepared.</FONT><FONT face=serif></FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>3.7<FONT face=serif></FONT> <B><U>No Undisclosed Liabilities</U></B>. Except as set forth
on <U><FONT face=serif>Schedule 3.7</FONT></U>, the Company does not have any
material liability of any nature, whether due or to become due, absolute,
contingent or otherwise, except: (a) to the extent fully reflected as a
liability on the Interim Financial Statements; or (b) liabilities incurred in
the ordinary course of business consistent with past practice since January 1,
2007 that are consistent in character and amount with those incurred in the past
and that are fully reflected as liabilities on the Company&#146;s books of
account.</FONT><FONT face=serif></FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>3.8<FONT face=serif></FONT> <B><U>No Material Adverse Changes</U></B>. Except as set
forth on <U><FONT face=serif>Schedule 3.8</FONT></U>, since December 31, 2006,
the Company has conducted its business only in the ordinary course consistent
with past practice, and there has been no event, circumstance or development
that has had or would reasonably be expected to have a Material Adverse
Effect.</FONT><FONT face=serif></FONT></P>
<P align=center><FONT face=serif size=1><FONT face=serif size=2>12</FONT></FONT></P>
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<PAGE>
<P align=justify><FONT face=serif><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>3.9<FONT face=serif></FONT>
<B><U>Taxes</U></B>.</FONT></FONT><B><FONT face=serif></FONT></B></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(a)<FONT face=serif></FONT> The Company has: (i) timely filed all required Tax Returns;
(ii) timely paid in full all Taxes due and owing by the Company, whether or not
shown on any Tax Return; and (iii) paid all other Taxes for which a notice of
assessment or demand for payment has been received. All Tax Returns have been
prepared in accordance with all applicable Laws and requirements, accurately
reflect the taxable income (or other measure of Tax base) of the Company and are
true, accurate, and complete in all material respects. The Company did not
contract any obligation that could be analyzed as an &#147;abnormal management
decision&#148; by the French tax authorities. All Taxes that the Company is required
by Law to withhold or collect have been duly withheld or collected and have been
timely paid over to the appropriate Tax Authority. The accruals for Taxes
contained in the Interim Financial Statements (excluding any reserve for
deferred Taxes established to reflect timing differences between book and Tax
income) are adequate to cover all liabilities for Taxes of the Company for all
periods ending on or before the date of the Interim Financial Statements and
nothing has occurred subsequent to that date to make any of such accruals
inadequate. All Taxes of the Company for periods ending after the date of the
Interim Financial Statements have been paid or are adequately reserved against
on the Company&#146;s consolidated books of account as of the Closing Date. Neither
the Company is currently the beneficiary of any extension of time within which
to file any Tax Return. The Company has disclosed on their federal income Tax
Returns all positions taken therein that could give rise to a substantial
understatement of federal income Tax.</FONT><FONT face=serif></FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(b)<FONT face=serif></FONT> There are no proposed assessments of Taxes against the
Company, or proposed adjustments to any Tax Returns filed, which are pending
against the Company. The returns, reports or forms related to Taxes filed by or
with respect to the Company are not being examined by, and no written or oral
notification of intention to examine has been received from, any Tax Authority.
No currently pending issues have been raised with the Company or any of the
Shareholders in writing by any Tax Authority. There are no actions, suits,
proceedings, investigations, audits or claims now pending or, to the Knowledge
the Company, threatened against the Company in respect of any Taxes and there
are no matters under discussion, audit or appeal with any Tax Authority. Except
as set forth on <U><FONT face=serif>Schedule 3.9(b)(A),</FONT></U> the Company
has not, at any time since January 1, 2000 been audited by any Tax Authority.
<U><FONT face=serif>Schedule 3.9(b)(B)</FONT></U> hereto lists all jurisdictions
in which the Company has filed Tax Returns since January 1, 2000. No claim has
been made by a Tax Authority of a jurisdiction where the Company does not file
Tax Returns that the Company is or may be subject to Tax in that jurisdiction
and, to the Knowledge of the Company, no basis exists for such a claim. Except
as set forth on <U><FONT face=serif>Schedule 3.9(b)(A)</FONT></U>, there are no
requests for rulings, outstanding subpoenas or requests for information, notice
of proposed reassessment of any property owned or leased by the Company, or any
other matter pending between the Company and any Tax Authority. There are no
Liens for Taxes outstanding (other than Liens for Taxes that are not yet due and
payable) or, to the Knowledge of the Company, threatened.</FONT><FONT face=serif></FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(c)<FONT face=serif></FONT> The Company has timely filed all information returns or
reports which are required to be filed and has accurately reported all
information required to be included on such returns or reports. True copies of
all tax returns of the Company (or for the portion thereof that relates to the
Company) for each of the fiscal years ended December 31, 2000 through 2006 have
been delivered to Buyer.</FONT><FONT face=serif></FONT></P>
<P align=center><FONT face=serif size=1><FONT face=serif size=2>13</FONT></FONT></P>
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<PAGE>

<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(d)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>The
Company has not: (i) filed any consent agreement with any Tax Authority; (ii)
applied for a ruling concerning Taxes from any Tax Authority; (iii) entered into
a closing agreement concerning Taxes with any Tax Authority; (iv) executed a
waiver or consent extending any statute of limitation for the assessment of any
Tax liability that remains outstanding; or (v) granted a power of attorney with
respect to any Tax matter that has continuing effect. All accounting periods and
methods used by the Company are permissible periods and methods, and neither the
Company is required to make any adjustments under the Tax Code (or any
comparable provision of local Law) by reason of a change of accounting method.
The Company is not a party to or bound by any tax indemnity, tax sharing or tax
allocation agreement. </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(e)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>The
Company has duly and timely withheld from any amount paid or credited by it to,
or for the account or benefit of, any person or entity, including without
limitation any of their respective employees, officers and directors and any
non-residents, the amount of Taxes and all other deductions required to be
withheld and/or remitted to any Tax Authority. </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(f)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>All Taxes
in respect of periods beginning before the Closing Date have been timely paid,
or will be timely paid prior to the Closing Date, or an adequate reserve has
been established as of 31 December 2006, and the Company does not have any
material liability for Taxes in excess of the amounts so paid or reserves
established. </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(g)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>The
company is able to provide all documents required by French law to support its
accounts and tax returns (notably original of invoices, justifications of
exports and intra-EU deliveries). </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>3.10</FONT><FONT face=serif> </FONT><B><U><FONT face=serif size=2>Inventory</FONT></U></B><FONT face=serif size=2>. All of the Inventories of
the Company reflected on the Financial Statements, and all Inventories acquired
since the date of such Financial Statements, are valued on the Company&#146;s books
of account as of June 30, 2007 at the lower of cost (last invoice cost) or
market. All of the Inventories as of the date hereof and on the Closing Date as
will be reflected on the Final Closing Date Balance Sheet are sufficient for the
operation of the Company&#146;s business in the ordinary course of business
consistent with past practice. No previously sold Inventory is subject to
returns materially in excess of those historically experienced by the Company.
</FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>3.11</FONT><FONT face=serif> </FONT><B><U><FONT face=serif size=2>Notes, Accounts Receivable and Accounts Payable</FONT></U></B><FONT face=serif size=2>. All notes receivable and notes payable (the &#147;</FONT><U><FONT face=serif size=2>Affiliate Loans</FONT></U><FONT face=serif size=2>&#148;) of the Company
owing by or to any director, officer, employee or Affiliate of the Company or by
or to any Shareholder have been paid in full, settled by way of capital
contribution in kind, cancelled or otherwise discharged prior to the date hereof
or shall have been paid in full, settled by way of capital contribution in kind,
cancelled or otherwise discharged prior to the Closing Date. </FONT><U><FONT face=serif size=2>Schedule 3.11</FONT></U><FONT face=serif size=2> sets forth a true,
correct and complete list of all Affiliate Loans and the outstanding balance and
applicable interest payments under each Affiliate Loan as of the date hereof.
All of the Accounts Receivable of the Company reflected on the Interim Financial
Statements and all Accounts Receivable arising or existing after the date of
such Interim Financial Statements represent amounts receivable for services
actually provided (or, in the case of non-trade accounts represent amounts
receivable in respect of other bona fide business transactions), have arisen in
the ordinary course of business, are not </FONT></P>
<P align=center><FONT face=serif size=2>14 </FONT></P>
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<PAGE>
<P align=justify><FONT face=serif size=2>subject to any counterclaims or offsets
and have been billed and are generally due by the last day of the month
immediately following the month in which billed. All such Accounts Receivable
are fully collectible in the normal and ordinary course of business and are not
subject to any refund or adjustment or any defense, right of set-off,
assignment, restriction, security interest or other Lien, except to the extent
of a reserve in an aggregate amount not in excess of the reserve for doubtful
accounts reflected on the Interim Financial Statements. The Company has not
factored any of its Accounts Receivables. All of the Accounts Payable reflected
on the Interim Financial Statements or in existence as of the Closing Date
accurately reflect all amounts owed by the Company with respect to trade
accounts and other payables and accrued expenses and have arisen from bona fide
transactions in the ordinary course. </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>3.12</FONT><FONT face=serif> </FONT><B><U><FONT face=serif size=2>No
Pending Litigation or Proceedings</FONT></U></B><FONT face=serif size=2>. Except
as specifically disclosed on </FONT><U><FONT face=serif size=2>Schedule
3.12</FONT></U><FONT face=serif size=2> hereto, (i) there are no actions, suits,
investigations or proceedings pending against or, to the Knowledge of the
Company, threatened against or affecting the Company or any of its assets or
operations before or involving any court, arbitrator or Authority; and (ii)
there are currently no outstanding judgments, decrees or orders of any court,
arbitrator or Authority against or affecting the Company, the business of the
Company or any of its assets or operations. None of the items disclosed on
</FONT><U><FONT face=serif size=2>Schedule 3.12</FONT></U><FONT face=serif size=2> has had, or if finally determined adversely would reasonably be expected
to have, individually or in the aggregate, a Material Adverse Effect. Except as
set forth on </FONT><U><FONT face=serif size=2>Schedule 3.12</FONT></U><FONT face=serif size=2>, the Company has no exposure to any actions, suits,
investigation, claims or proceedings alleging injury or damage due either to
defects in design, manufacture and/or warning or to any negligence arising from
the aforementioned activities, for any product sold by the Company. </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>3.13</FONT><FONT face=serif> </FONT><B><U><FONT face=serif size=2>Contracts; Compliance</FONT></U></B><FONT face=serif size=2>.
</FONT><U><FONT face=serif size=2>Schedule 3.13(A)</FONT></U><FONT face=serif size=2> hereto contains a true, correct and complete list of the following
contracts in effect as of the date hereof (the &#147;</FONT><U><FONT face=serif size=2>Material Contracts</FONT></U><FONT face=serif size=2>&#148;): </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(a)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>all
commitments and agreements (oral or written) for the purchase of any materials
or supplies that involve an expenditure by the Company of more than &euro;500 for any
one contract; </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(b)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>all
leases for real estate, equipment and all other rental agreements pursuant to
which the Company is either lessor or lessee; </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(c)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>all
notes, mortgages, indentures, security interests, bonds, debentures, loans,
lines of credit and other agreements and instruments relating to the borrowing
of money, the extension of credit or the granting of liens or encumbrances, and
any guaranty of any of the foregoing to which the Company is a party;
</FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(d)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>all other
orders, leases, commitments, licenses, agreements, permits and instruments (oral
or written) to which the Company is a party or by which it or its properties are
bound that require payment by the Company of more than &euro;500 or that may not be
terminated without penalty within three (3) months after the Closing Date;
</FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(e)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>all
agreements with customers or otherwise, including without limitation, purchase
orders, that involve a payment to the Company of more than &euro;500; </FONT></P>
<P align=justify><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>(f)</FONT><FONT face=serif>
</FONT><FONT face=serif size=2>all employment and consulting agreements to which
the Company is a party; </FONT></P>
<P align=center><FONT face=serif size=2>15 </FONT></P>
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<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(g)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>all union
or other collective bargaining agreements to which the Company is a party;
</FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(h)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>all sales
agency, manufacturer&#146;s representative and distributorship agreements or other
distribution or commission arrangements to which the Company is a party;
</FONT></P>
<P align=justify><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>(i)</FONT><FONT face=serif>
</FONT><FONT face=serif size=2>all partnership or joint venture agreements to
which the Company is a party; </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(j)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>all
contracts or options relating to the sale or purchase by the Company of any
asset or capital stock of any Person, or a merger, consolidation, business
combination or similar extraordinary transaction, other than sales of Inventory
in the ordinary course of business consistent with past practice; </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(k)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>all
agreements or commitments for capital expenditures by the Company in excess of
&euro;1,000 for any single project or &euro;10,000 in the aggregate; </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(l)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>agreements, contracts or commitments for any charitable or political
contribution in excess of &euro;500 for any single contribution or &euro;1,000 in the
aggregate; </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(m)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>all
agreements containing any covenant restricting the freedom of the Company or any
officers or key employees of the Company to compete in any line of business or
area with any Person; </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(n)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>all
agreements containing any covenant providing for an exclusive relationship
between the Company and any Person; </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(o)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>all
contracts to which the Company is a party that provide for an increased payment
or benefit, or accelerated vesting, upon the execution hereof or the Closing or
in connection with the transactions contemplated hereby; </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(p)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>all
contracts and agreements to which the Company is a party, or by which the
Company or any property of any thereof is subject, for the cleanup, abatement or
other actions in connection with any Hazardous Substance, the remediation of any
existing environmental condition or relating to the performance of any
environmental audit or study; </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(q)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>all
contracts and agreements to which the Company is a party that grant to any
Person an option or a first refusal, first-offer or similar preferential right
to purchase or acquire any assets of the Company; </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(r)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>all
contracts and agreements to which the Company is a party that provide for the
granting or receiving of a license, sublicense or franchise or under which the
Company is obligated to pay or has the right to receive a royalty, license fee,
franchise fee or similar payment; </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(s)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>all
contracts, licenses and agreements to which the Company is a party (i) with
respect to IP Rights licensed or transferred to any third party (other than
end-user licenses in the ordinary course of business) or (ii) pursuant to which
a third party has licensed or transferred any IP Rights to the Company;
</FONT></P>
<P align=center><FONT face=serif size=2>16 </FONT></P>
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<PAGE>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(t)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>all contracts
providing for the indemnification or holding harmless of any officer, director,
or employee of the Company; </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(u)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>all
outstanding powers of attorney empowering any Person to act on behalf of the
Company; and </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(v)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>any agreement
(A) involving an annual commitment or annual payment to or from the Company of
more than &euro;1,000 individually or (B) that is material to the Company, taken as a
whole. </FONT></P>
<P align=justify><FONT face=serif size=2>True and complete copies of the
Material Contracts have been delivered to Buyer prior to the date hereof.
Correct and complete copies of all standard form sales orders, sales invoices
and purchase orders used by the Company have been delivered or made available to
Buyer prior to the date hereof. </FONT></P>
<P align=justify><FONT face=serif size=2>All Material Contracts to which the
Company is a party or by which such entity is bound are legal, compliant with
all compulsory rules of French law which may be applicable to them, valid,
binding and in full force and effect and are enforceable in accordance with
their respective terms with respect to the Company, and, to the Knowledge of the
Company, each other party to such Material Contracts, except that such
enforceability thereof may be limited by bankruptcy, insolvency, reorganization
or other similar laws affecting creditors&#146; rights generally and by principles of
equity regarding the availability of remedies. The Company, and, to the
</FONT><FONT face=serif size=2>Knowledge of the Company, each other party to
such Material Contracts has complied in all material respects with the
provisions thereof, and is not in default in any material respect under any of
the terms thereof, and, to the Knowledge of the Company, no event has occurred
that with the passage of time or the giving of notice or both would constitute
such a default. Except as specifically set forth in </FONT><U><FONT face=serif size=2>Schedule 3.13(B)</FONT></U><FONT face=serif size=2>, neither the Company
has received any written claim from any other party to any Material Contract
that the Company has breached any obligations to be performed by it thereunder
to date, or is otherwise in default or delinquent in performance thereunder.
</FONT><U><FONT face=serif size=2>Schedule 3.13(A)</FONT></U><FONT face=serif size=2> identifies with an asterisk each Material Contract set forth therein
that requires the consent of or notice to the other party thereto to avoid any
breach, default or violation of such contract, agreement or other instrument in
connection with the transactions contemplated hereby. The Company is not
participating in any discussions or negotiations regarding modification of, or
amendment to, any Material Contract or entry into any new material contract
applicable to either Company or the real or personal property of the Company,
other than purchase orders with customers or suppliers entered into in the
ordinary course of business. </FONT></P>
<P align=justify><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>3.14</FONT><FONT face=serif>
</FONT><B><U><FONT face=serif size=2>Compliance With Laws</FONT></U></B><B><FONT face=serif size=2>. </FONT></B></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(a)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>Except as set
forth on </FONT><U><FONT face=serif size=2>Schedule 3.14(a)</FONT></U><FONT face=serif size=2>, the Company is in compliance (and has been at all times
during the past five (5) years) in all material respects with all notifications,
permits (including environmental, construction and operation permits),
franchises, certificates, licenses, approvals, exemptions, classifications,
registrations and other similar documents and authorizations (collectively, the
&#147;</FONT><U><FONT face=serif size=2>Permits</FONT></U><FONT face=serif size=2>&#148;)
required under all applicable Laws in connection with its business; </FONT></P>
<P align=center><FONT face=serif size=2>17 </FONT></P>
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<PAGE>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(b)</FONT><FONT face=serif> </FONT><U><FONT face=serif size=2>Schedule
3.14(b)</FONT></U><FONT face=serif size=2> contains a complete and correct list
of all Permits held by the Company; each such Permit is valid, binding and in
full force and effect; and the Company is in compliance in all material respects
with the terms and conditions thereof; </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(c)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>To the
Knowledge of the Company, the Company has conducted at all times during the past
five (5) years and is now conducting its business in compliance in all material
respects with all applicable domestic and foreign Laws; except as set forth on
</FONT><U><FONT face=serif size=2>Schedule 3.14(c)</FONT></U><FONT face=serif size=2>, the Company has taken all necessary action to maintain each Permit,
except where the failure to so act shall not have an adverse effect on the
Company or its operations; and except as set forth on </FONT><U><FONT face=serif size=2>Schedule 3.14(c)</FONT></U><FONT face=serif size=2>, no loss or
expiration of any Permit is pending or, to the Knowledge of the Company,
threatened (other than expiration upon the end of any term); </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(d)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>The Company
does not have a reasonable basis for believing that any Permit, not presently
possessed by the Company, is required under applicable Law to conduct the
Company&#146;s business; and </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(e)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>Except as set
forth on </FONT><U><FONT face=serif size=2>Schedule 3.14(e)</FONT></U><FONT face=serif size=2>, as of the date hereof, no notice, citation, summons or order
has been issued, no complaint has been filed, no penalty has been assessed and
no investigation or review is pending or, to the Knowledge of the Company,
threatened by any Authority: (i) with respect to any alleged violation by the
Company of any Law; or (ii) with respect to any alleged failure by the Company
to have any Permit required in connection with the conduct of its business.
</FONT></P>
<P align=justify><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>3.15</FONT><FONT face=serif>
</FONT><B><U><FONT face=serif size=2>Environmental Matters</FONT></U></B><B><FONT face=serif size=2>. </FONT></B></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(a)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>For the
purpose of this </FONT><U><FONT face=serif size=2>Section 3.15,</FONT></U><FONT face=serif size=2> &#147;</FONT><U><FONT face=serif size=2>Real
Estate</FONT></U><FONT face=serif size=2>&#148; shall mean &#147;</FONT><U><FONT face=serif size=2>Real Properties</FONT></U><FONT face=serif size=2>&#148; as defined
in </FONT><U><FONT face=serif size=2>Section 3.18</FONT></U><FONT face=serif size=2> hereof together with any other property ever owned, leased, operated or
occupied by the Company with respect to the business now or formerly conducted
by the Company. </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(i)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>The
Company has complied in all material respects with and is not in violation in
any material respect of any Law, relating to the environment, and public health
and safety and employee health and safety as affected by environmental matters,
including those relating to Hazardous Substances (&#147;</FONT><U><FONT face=serif size=2>Environmental Laws</FONT></U><FONT face=serif size=2>&#148;). </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(ii)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>The Company holds and is in compliance in all material respects with all
environmental permits, certificates, consent or other settlement agreements,
licenses, approvals, registrations and authorizations required under all
Environmental Laws (&#147;</FONT><U><FONT face=serif size=2>Environmental Permits</FONT></U><FONT face=serif size=2>&#148;), and all of such
Environmental Permits are valid and in full force and effect. All such
Environmental Permits are listed on </FONT><U><FONT face=serif size=2>Schedule 3.15(a)</FONT></U><FONT face=serif size=2> hereto. The Company has made or will
make before the Closing Date timely application for renewals of all such
Environmental Permits for which Environmental Laws require that applications
must be filed on or before the Closing Date, as applicable, to maintain the
Environmental Permits in full force and effect. </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(iii)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>As of the date hereof, no notice, citation, complaint, summons, order or
penalty has been issued or received, no complaint has been filed, no penalty has
been assessed and, to the Knowledge of the Company, no investigation or review
is pending or threatened by any governmental or other entity: (a) with respect
to any alleged violation by the Company, with </FONT></P>
<P align=center><FONT face=serif size=2>18 </FONT></P>
<HR align=center width="100%" noShade SIZE=2>
<PAGE>
<P align=justify><FONT face=serif size=2>respect to the operations of the
Company of any Environmental Law; or (b) with respect to any alleged failure by
the Company to have any Environmental Permit; or (c) with respect to any use,
possession, generation, treatment, storage, recycling, transportation or
disposal of any Hazardous Substances by or on behalf of the Company. </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(iv)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>As
of the date hereof, the Company has not received any request for information,
notice of claim, demand, order or notification that it is or may be potentially
responsible with respect to any investigation or clean-up of any threatened or
actual Release of any Hazardous Substance. </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(v)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>Neither the Company nor any Affiliate of the Company has used, generated,
treated, stored for more than 180 days, recycled or disposed of any Hazardous
Waste on the Real Estate, nor, to the Knowledge of the Company, has anyone else
treated, stored for more than 180 days, recycled or disposed of any Hazardous
Waste on the Real Estate. </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(vi)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>No
polychlorinated biphenyls, asbestos-containing materials or underground storage
tanks, active or abandoned, to the Knowledge of the Company, are present; nor
have any of the above been installed, used or closed by any Shareholder or the
Company at any Real Estate. </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(vii)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>No Hazardous Waste generated by the Company has been recycled, treated,
stored, disposed of or transported by any entity other than those listed on
</FONT><U><FONT face=serif size=2>Schedule 3.15</FONT></U><FONT face=serif size=2> hereto. </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(viii)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>No Hazardous Substance managed by the Company has come to be located at
any site which is the subject of federal, state or local enforcement actions or
other investigations which may lead to claims against the Company or Buyer for
clean-up costs, remedial work, damages to natural resources or for personal
injury claims. </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(ix)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>No
Hazardous Substance has been Released at, on, about or under or is present in
any Real Estate when owned, occupied operated or leased by the Company; nor at
any other time. </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(x)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>As
of the date hereof, (i) no oral or written notification of a Release or threat
of Release of a Hazardous Substance has been filed by or on behalf the Company
or in relation to the Real Estate; and (ii) no such property is listed or
proposed for listing on any list of sites requiring investigation or clean-up.
</FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(xi)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>As
of the date hereof, there are no environmental Liens on any Real Estate and no
governmental actions have been taken or are in process or pending which could
subject any of such properties to such Liens. </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(xii)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>No deed or other instrument of conveyance of real property to the Company
with respect to Real Estate contains a notice or restriction relating to the
actual or suspected presence of Hazardous Substances. </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(b)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>Except as set
forth on </FONT><U><FONT face=serif size=2>Schedule 3.15(b)</FONT></U><FONT face=serif size=2>, as of the date hereof, there have been no environmental
inspections, investigations, studies, audits, tests, reviews or other analyses
</FONT></P>
<P align=center><FONT face=serif size=2>19 </FONT></P>
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<PAGE>
<P align=justify><FONT size=2>conducted on behalf of the Company or otherwise in
the possession of the Company in relation to any Real Estate or business now or
previously owned, operated, or leased by the Company.&nbsp;</FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>3.16</FONT><FONT face=serif> </FONT><B><U><FONT face=serif size=2>Consents</FONT></U></B><FONT face=serif size=2>. Except as set forth on
</FONT><U><FONT face=serif size=2>Schedule 3.16</FONT></U><FONT face=serif size=2>, no consent, approval or authorization of, or registration or filing
with, any Person, including any Authority, is required in connection with the
execution and delivery of this Agreement or the consummation of the transactions
contemplated hereby. </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>3.17</FONT><FONT face=serif> </FONT><B><U><FONT face=serif size=2>Personal Property</FONT></U></B><FONT face=serif size=2>. The Company has
good, marketable and valid title to all of its tangible personal property and
assets reflected on the Interim Financial Statements (except those disposed of
in the ordinary course of business since the date of the Interim Financial
Statements) and all tangible personal property and assets acquired since the
date of the Interim Financial Statements, free and clear of any Lien except: (a)
minor imperfections of title, none of which, individually or in the aggregate,
materially detracts from the value of or impairs the use of the affected
properties or impairs the operations of the Company taken as a whole; (b) Liens
for current Taxes not yet due and payable and (c) Liens set forth on
</FONT><U><FONT face=serif size=2>Schedule 3.17(A)</FONT></U><FONT face=serif size=2>. All tangible personal property and assets having a book value in excess
of &euro;500 and in the possession of the Company on the date hereof, including that
which is consigned or leased to the Company, are listed on </FONT><U><FONT face=serif size=2>Schedule 3.17(B)</FONT></U><FONT face=serif size=2> hereto. No
Person other than the Company owns any equipment or other tangible personal
property or assets situated on the premises of the Company, except for the
leased items that are subject to personal property leases, personal property of
employees or as specifically set forth on </FONT><U><FONT face=serif size=2>Schedule 3.17(C)</FONT></U><FONT face=serif size=2>. Except as set forth
on </FONT><U><FONT face=serif size=2>Schedule 3.17(D)</FONT></U><FONT face=serif size=2>,
since December 31, 2006, the Company has not sold, transferred or disposed of
any assets having a book value in excess of &euro;5,000 individually or &euro;10,000 in
the aggregate, other than sales of inventory in the ordinary course of business.
The assets of the Company immediately following the Closing will constitute all
of the assets necessary and sufficient to conduct the operations of the business
of the Company in the ordinary course and consistent with past practice.
</FONT></P>
<P align=justify><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>3.18</FONT><FONT face=serif>
</FONT><B><U><FONT face=serif size=2>Real Estate</FONT></U></B><B><FONT face=serif size=2>. </FONT></B></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(a)</FONT><FONT face=serif> </FONT><U><FONT face=serif size=2>Schedule 3.18(a)(A)</FONT></U><FONT face=serif size=2> hereto contains a true, correct
and complete list of all real properties now leased, subleased, operated or
otherwise occupied by the Company (collectively, the &#147;</FONT><U><FONT face=serif size=2>Real Properties</FONT></U><FONT face=serif size=2>&#148;). The Company is not
the owner of any Real Properties. No other Person has any oral or written right,
agreement or option to lease, sublease or otherwise occupy all or any portion of
such Real Properties. As of the date hereof, the Company has not received any
written or oral notice for assessment for public improvements against any of the
Real Properties that remains unpaid and, to the Knowledge of the Company no such
assessment has been proposed. Except as set forth on </FONT><U><FONT face=serif size=2>Schedule 3.18(a)(B)</FONT></U><FONT face=serif size=2>, as of the date
hereof, there is no pending condemnation, expropriation, eminent domain or
similar proceeding affecting all or any portion of any of the Real Properties
and, to the Knowledge of the Company, no such proceeding is contemplated.
</FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT size=2><FONT face=serif>(b)</FONT><FONT face=serif> </FONT><FONT face=serif>Accurate and
current copies of all real property leases, subleases, licenses or other
occupancy agreements (and all amendments thereto) listed on </FONT><U><FONT face=serif>Schedule 3.18(a)(A)</FONT></U><FONT face=serif> hereto have
previously been delivered to Buyer (collectively, the &#147;</FONT><U><FONT face=serif>Leases</FONT></U><FONT face=serif>&#148;). The Company has not assigned
any of its rights under any Leases. The Leases are in full force and effect and
constitute binding</FONT></FONT></P>
<P align=center><FONT face=serif size=2>20 </FONT></P>
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<P align=justify><FONT face=serif size=2>obligations of the Company and the
other parties thereto and (i) there are no defaults in any material respect
thereunder by the Company or, to the Knowledge of the Company, by any other
party thereto, and (ii) no event has occurred which with notice, lapse of time,
or both would constitute such a default by the Company or, to the Knowledge of
the Company, by any other party thereto. </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(c)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>(i) Except as
set forth on </FONT><U><FONT face=serif size=2>Schedule 3.18(c)(i)</FONT></U><FONT face=serif size=2>, the Company has good, marketable
and insurable legal and equitable leasehold title to the property leased
pursuant to the Leases (the &#147;</FONT><U><FONT face=serif size=2>Leased Real
Property</FONT></U><FONT face=serif size=2>&#148;), in all cases, free and clear of
any and all Liens, exceptions, items, encumbrances, easements, restrictions and
other matters either of record or, to the Knowledge of the Company, not of
record which, either individually or in the aggregate, could prohibit or
adversely interfere with Buyer&#146;s use of such property. No material default or
breach exists under any of the covenants, conditions, restrictions,
rights-of-way or easements, if any, affecting all or any portion of the Real
Properties. </FONT></P>
<P align=justify><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>(ii)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>None of the Real Properties are in
violation of any applicable Laws. </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(iii)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>All utilities, including, without limitation, potable water, sewer, gas,
electric, telephone, and other public utilities and all storm water drainage
required by Law or necessary for the operation of the Real Properties (A) are
installed, connected and operating, in good condition, and in compliance with
all applicable Laws, with all installation and connection charges paid in full,
including, without limitation, connection and the permanent right to discharge
sanitary waste into the collector system of the appropriate sewer authority, and
(B) are adequate (in both quality and quantity) to service the Real Properties
for their respective use in the business as presently conducted thereon.
</FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(iv)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>All accounts for work and services performed or materials placed or
furnished upon or in respect of the construction and completion of any of the
buildings, improvements or other structures constructed on the Real Properties
on behalf of the Company have been, or will as of the Closing Date be, fully
paid or accrued, if billed, and no one is entitled to claim a lien under any
legislation for such work performed by or on behalf of the Company. Any such
accounts that have not been billed as of the Closing Date will be accurately
reflected on the books of account of the Company. </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(v)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>The
Company has not conveyed or leased any rights in the oil, gas or other mineral
rights with respect to the Real Properties (collectively, the &#147;</FONT><U><FONT face=serif size=2>Minerals</FONT></U><FONT face=serif size=2>&#148;). To the
Knowledge of the Company, there is no person or entity that has any claim or
other right to the Minerals. </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(vi)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>There are no material defects in or material damage to the improvements
located on the Real Properties, including the roof, structure, soil, elevators,
walls, heating, ventilation, air conditioning, plumbing, electrical, drainage,
fire alarm, communications, sprinkler, security and exhaust systems and their
component parts, or other improvements on or forming a part of the Real
Properties, all of which have been constructed in a good and workmanlike manner
and are suitable for the purposes for which they are presently being used. As of
the date hereof, neither the Shareholders nor the Company has received any
notification of, </FONT></P>
<P align=center><FONT face=serif size=2>21 </FONT></P>
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<PAGE>
<P align=justify><FONT face=serif size=2>nor does the Company have Knowledge of,
any current non-compliance with applicable statutes and regulations or building
and zoning by-laws and regulations. </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(vii)</FONT><FONT face=serif> </FONT><U><FONT face=serif size=2>Schedule 3.18(a)(A)</FONT></U><FONT face=serif size=2> hereto contains a
true and correct list of the current expiration date and rent payable under each
of the Leases. </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(viii)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>The Real Properties constitute all of the real property utilized by the
Company in the operation of its business. </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>3.19</FONT><FONT face=serif> </FONT><B><U><FONT face=serif size=2>Transactions with Shareholders or Affiliates</FONT></U></B><FONT face=serif size=2>. Except as set forth on </FONT><U><FONT face=serif size=2>Schedule 3.19</FONT></U><FONT face=serif size=2>, no Shareholder or any of that
Shareholder&#146;s Affiliates: (i) has borrowed money from or loaned money to the
Company which remains outstanding; (ii) is a party to or has any interest in any
Material Contracts or other arrangements relating to the business of the Company
to which the Company is a party or to which the Company or any assets used in
their business may be subject; or (iii) except as set forth in Schedule 3.19,
has any material interest in any material property, real or personal, tangible
or intangible, used in the business of the Company, except, in each case for the
rights of that Shareholder as a holder of Company Stock. Since June 30, 2007
there have not been any dividends paid or other distributions made to the
Shareholders or any Affiliate. </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>3.20</FONT><FONT face=serif> </FONT><B><U><FONT face=serif size=2>Condition of Assets</FONT></U></B><FONT face=serif size=2>. The
buildings, machinery, equipment, tools, furniture, improvements and other assets
of the Company, including those reflected on the Interim Financial Statements,
are (a) in operating condition and repair, reasonable wear and tear excepted and
(b) suitable for the purposes for which they are presently used in the conduct
of its business. There are no deferred capital maintenance requirements
</FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>3.21</FONT><FONT face=serif> </FONT><B><U><FONT face=serif size=2>Compensation Arrangements; Bank Accounts; Officers and
Directors</FONT></U></B><FONT face=serif size=2>. </FONT><U><FONT face=serif size=2>Schedule 3.21</FONT></U><FONT face=serif size=2> hereto includes Form
DADS and DADSII for the year ended December 31, 2006, and an addition schedule
containing the following information for 2007 through September 30, 2007:
</FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(a)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>the names,
current job title and current annual salary, including any bonus, if applicable,
of the 15 present officers, employees and independent contractors of the Company
who have the highest total compensation or current annual salary, including any
promised, expected or customary bonus in 2007, together with a statement of the
full amount of all remuneration expected to be paid to each such person during
2007; </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(b)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>the name of
each bank in which the Company has an account or safe deposit box, the
identifying numbers or symbols thereof and the names of all persons authorized
to draw thereon or to have access thereto; </FONT></P>
<P align=justify><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>(c)</FONT><FONT face=serif>
</FONT><FONT face=serif size=2>the names and titles of all directors and
officers of the Company; and </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>3.22</FONT><FONT face=serif> </FONT><B><U><FONT face=serif size=2>Labor
Relations</FONT></U></B><FONT face=serif size=2>. Except as set forth on
</FONT><U><FONT face=serif size=2>Schedule 3.22</FONT></U><FONT face=serif size=2>, since July 1, 2004, (a) no employee nor any independent contractor of
the Company is or has been represented by any union or other labor organization
nor are there or have there been any Collective Bargaining Agreements in respect
of any employee of the Company; (b) there has been no unfair labor practice
charge filed or, to the Knowledge of the Company, threatened against the
Company; </FONT></P>
<P align=center><FONT face=serif size=2>22 </FONT></P>
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<PAGE>
<P align=justify><FONT face=serif size=2>(c) there has been no labor strike,
dispute, slow down or stoppage actually pending or, to the Knowledge of the
Company, threatened against or involving the Company or its employees; (d) no
labor grievance has been filed or is pending; (e) the Company has not
experienced any work stoppage, dispute or controversy with any group of
employees or any organizational activity; (f) there have been no outstanding
labor tribunal proceedings of any kind, including any proceedings which could
result in certification of a trade union as bargaining agent for any employees
or dependent contractors of the Company, not already covered by a Collective
Bargaining Agreement; (g) the Company has not been in default under any
Collective Bargaining Agreement; (h) there have been no claims filed or, to the
Knowledge of the Company, investigations initiated with or by any Authority
alleging a violation by the Company of any Labor Laws; and (i) the Company has
been in compliance with all applicable Labor Laws in all material respects,
including, without limitation, with respect to working time regulations and
grading of employees. </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>3.23</FONT><FONT face=serif> </FONT><B><U><FONT face=serif size=2>Insurance</FONT></U></B><FONT face=serif size=2>. Attached hereto as
</FONT><U><FONT face=serif size=2>Schedule 3.23(A)</FONT></U><FONT face=serif size=2> is a complete and correct list of all active policies of insurance of
which the Company is the owner, insured or beneficiary, or covering any of its
property, indicating for each policy the carrier, risks insured, the amounts of
coverage, deductible, premium rate, and expiration date. </FONT><U><FONT face=serif size=2>Schedule 3.23(B)</FONT></U><FONT face=serif size=2> hereto
contains a list of any pending claims as of the date hereof under each of these
or any predecessor insurance policies. All such policies are outstanding and in
full force and effect as of the date hereof and the Company has not reached or
exceeded its policy limits for any insurance policy in effect at any time during
the past five (5) years. There is no default by the Company with respect to any
provision contained in any such policy, nor has there been any failure to give
any notice or present any claim under any such policy in a timely fashion or in
the manner or detail required by the policy. There are no outstanding unpaid and
overdue premiums under such policies. No notice of cancellation or non-renewal
with respect to any such policy has been received by the Company. To the
Knowledge of the Company, the Company has not been refused any insurance, nor
has its coverage been limited by any insurance carrier to which it has applied
for insurance or with which it has carried insurance during the last five years.
All products liability and general liability policies maintained by or for the
benefit of the Company have been &#147;occurrence&#148; policies and not &#147;claims made&#148;
policies. </FONT></P>
<P align=justify><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>3.24</FONT><FONT face=serif>
</FONT><B><U><FONT face=serif size=2>Patents and Intellectual Property
Rights</FONT></U></B><B><FONT face=serif size=2>. </FONT></B></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(a)</FONT><FONT face=serif> </FONT><U><FONT face=serif size=2>Schedule 3.24(a)</FONT></U><FONT face=serif size=2> hereto lists all
patents, patent applications, inventions, formulae, technical information,
research, data, concepts, methods, &#147;know-how,&#148; trade secrets, software,
copyrights, trade/service marks, trade names, logos, commercial symbols, domain
names and other intellectual property owned by the Company, whether registered
or unregistered (collectively, the &#147;</FONT><U><FONT face=serif size=2>Owned IP
Rights</FONT></U><FONT face=serif size=2>&#148;). The Company is the sole and
exclusive owner of the Owned IP Rights. </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(b)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>All
material registration, maintenance and renewal fees due and payable as of the
Closing in connection with the Owned IP Rights have been paid and all necessary
material documents and certificates in connection with the Owned IP Rights have
been filed with the relevant patent, copyright, trademark or other authorities
in France or foreign jurisdictions, as the case may be, for the purposes of
perfecting, prosecuting and maintaining the foregoing. Except as set forth in
</FONT><U><FONT face=serif size=2>Schedule 3.24(b)</FONT></U><FONT face=serif size=2>, there are no actions that are required to be taken by the </FONT></P>
<P align=center><FONT face=serif size=2>23 </FONT></P>
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<P align=justify><FONT face=serif size=2>Company within 120 days of the date of
this Agreement with respect to any of the Owned IP Rights. </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(c)</FONT><FONT face=serif> </FONT><U><FONT face=serif size=2>Schedule
3.24(c)</FONT></U><FONT face=serif size=2> hereto lists all patents, patent
applications, inventions, formulae, technical information, research, data,
concepts, methods, &#147;know-how,&#148; trade secrets, software, copyrights,
trade/service marks, trade names, logos, commercial symbols, domain names and
other intellectual property held by, used by or licensed to the Company, whether
registered or unregistered (collectively, the &#147;</FONT><U><FONT face=serif size=2>Licensed IP Rights</FONT></U><FONT face=serif size=2>&#148;). The Company has
a valid right and license to use the Licensed IP Rights. Such Licensed IP Rights
will not cease to be valid and binding and in full force and effect on terms
substantially similar to those currently in effect as a result of the
consummation of the transactions contemplated by this Agreement, nor will the
consummation of the transactions contemplated by this Agreement constitute a
material breach or material default under such agreement or otherwise give the
other party to such agreement a right to terminate such agreement. Each such
agreement will be enforceable by the Company surviving the consummation of the
transactions contemplated by this Agreement without the consent or agreement of
any other Person. </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(d)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>Except for
such items specifically identified on </FONT><U><FONT face=serif size=2>Schedule
3.24(d)</FONT></U><FONT face=serif size=2>, no intellectual property rights
other than the Owned IP Rights and the Licensed IP Rights (collectively, the
&#147;</FONT><U><FONT face=serif size=2>IP Rights</FONT></U><FONT face=serif size=2>&#148;)
are required for the Company to conduct its business in the ordinary course
consistent with past practice. </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(e)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>To the
Knowledge of the Company, none of the IP Rights infringes (nor has any claim
been made that any of them infringes) the patents, trademarks, copyrights or
other rights of others. </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(f)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>Except as
identified on </FONT><U><FONT face=serif size=2>Schedule 3.24(f)</FONT></U><FONT face=serif size=2>, there is no license, settlement agreement, co-existence
agreement or other agreement to which the Company is a party or to which it is
legally bound relating to the Owned IP Rights and there are no restrictions or
Liens relating to the Owned IP Rights, materially and adversely affecting the
use by the Company and, after the Closing Date, the use by Buyer, of any of the
Owned IP Rights. </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(g)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>Except as
identified on </FONT><U><FONT face=serif size=2>Schedule 3.24(g)</FONT></U><FONT face=serif size=2>, as of the date hereof, there is no pending claim, demand,
litigation or other legal action with respect to any of the IP Rights, and no
order, holding, decision or judgment has been rendered by any Authority, and no
agreement, consent or stipulation exists to which the Company is a party or of
which any of them has Knowledge, which would prevent the Company, or after the
Closing Date, Buyer, from using any of the IP Rights. </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(h)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>Except as
identified on </FONT><U><FONT face=serif size=2>Schedule 3.24(h)</FONT></U><FONT face=serif size=2>, to the Knowledge of the Company, no other Person has
infringed upon, misappropriated or otherwise come into conflict with any of the
IP Rights, and during such period the Company has not received any notices,
correspondence or other communications regarding any such infringement,
misappropriation or conflict with any IP Rights. </FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(i)</FONT><FONT face=serif> </FONT><FONT face=serif size=2>The Company
has taken and will continue to take all reasonable measures to protect the
secrecy, confidentiality and value or all trade secrets and confidential
information </FONT></P>
<P align=center><FONT face=serif size=2>24 </FONT></P>
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<PAGE>


<P align=justify><FONT face=serif><FONT size=2>included in the IP Rights (the
&#147;<U><FONT face=serif>Trade Secrets</FONT></U>&#148;). The Company has not taken any
action nor, to the Knowledge of Company, failed to take any action that directly
or indirectly caused any Trade Secret to enter the public domain or in any way
adversely affects its value.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(j)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>To the
Knowledge of the Company, the software (i) material to the operation of the
business of the Company, including all computer software and databases operated
by the Company on web sites or used by the Company in connection with processing
client orders, storing client information, or storing or archiving data, or (ii)
used, manufactured, distributed, sold, licensed or marketed by the Company
(collectively, the &#147;</FONT><U><FONT face=serif>Company Software</FONT></U><FONT face=serif>&#148;) is free of all viruses, worms, Trojan horses and other
contaminants, in each case that disrupt in any material respect its operation or
have a materially adverse impact on the operation of other software programs or
operating systems. None of the Company Software contains or requires use of any
&#147;open source&#148; code, shareware or other software that is made generally available
to the public without requiring payment of fees or royalties or does or may
require disclosure or licensing of any such item of the Company Software or any
other IP Rights owned by the Company.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(k)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>The Company
has all right, title and interest in and to the Company Software owned by the
Company (the &#147;</FONT><U><FONT face=serif>Proprietary Company
Software</FONT></U><FONT face=serif>&#148;), free and clear of all Liens. The Company
has developed the Proprietary Company Software through its own efforts, as
described in</FONT> <U><FONT face=serif>Section 3.24(m)</FONT></U><FONT face=serif>, and for its account. The use of the Proprietary Company Software
does not breach any term of any license or other contract between the Company
and any third party.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(l)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>The
Proprietary Company Software does not infringe any patent, copyright or trade
secret or any other intellectual property right of any third party. The source
code for the Proprietary Company Software has been maintained in
confidence.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(m)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>The
Proprietary Company Software was: (i) developed by the Company&#146;s employees
working within the scope of their employment at the time of such development or
(ii) developed by agents, consultants, contractors or other Persons who have
executed appropriate instruments of assignment in favor of the Company as
assignee that have conveyed to the Company ownership of all of its intellectual
property rights in the Proprietary Company Software. Except as set forth
on</FONT> <U><FONT face=serif>Schedule 3.24(m)</FONT></U><FONT face=serif>, the
Company has not received notice from any third party claiming any right, title
or interest in the Proprietary Company Software.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(n)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>The Company
has not granted rights in the Proprietary Company Software to any third
party.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT face=serif><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25<FONT face=sans-serif></FONT>
<B><U>Employee Benefits</U></B><B>.</B></FONT></FONT><B><FONT face=serif></FONT></B></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(a)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>The only
employee pension benefit plans, welfare benefit plans, stock option, stock
purchase, vacation and holiday pay (including accrued holiday and vacation pay),
educational benefits, bonus, deferred compensation, incentive, severance,
termination or other compensation plan or arrangement, and other retirement
benefits, insurance benefits and fringe benefit plans and perquisites
(collectively, &#147;</FONT><U><FONT face=serif>Plans</FONT></U><FONT face=serif>&#148;
and, individually, &#147;</FONT><U><FONT face=serif>Plan</FONT></U><FONT face=serif>&#148;) presently maintained by or contributed to by the Company or with
respect to which the Company has or may have any liability are those listed
on</FONT> <U><FONT face=serif>Schedule 3.25(a)</FONT></U> <FONT face=serif>hereto (the &#147;</FONT><U><FONT face=serif>Benefit Plans</FONT></U><FONT face=serif>&#148;). The</FONT></FONT><FONT face=serif></FONT></P>
<P align=center><FONT face=serif size=1><FONT size=2>25</FONT></FONT></P>
<HR align=center width="100%" noShade SIZE=2>
<PAGE>

<P align=justify><FONT face=serif><FONT size=2>Company has provided to Buyer a
true and complete copy of each Benefit Plan, as well as the summary plan
description and insurance policies with respect to each such Benefit
Plan.</FONT></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(b)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>The Company
and each of the Benefit Plans are in compliance in all material respects with
the applicable provisions of the Tax Code and other Law applicable to the
Benefit Plans. Each Benefit Plan has been timely amended to properly reflect the
applicable provisions of the Tax Code.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(c)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>All
contributions to, and payments from, the Benefit Plans that may have been
required to be made in accordance with the Benefit Plans have been timely made.
All such contributions to the Benefit Plans, and all payments under the Benefit
Plans, for any period ending before the Closing Date that are not yet, but will
be, required to be made will be properly accrued and reflected on the Final
Closing Date Balance Sheet.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(d)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>Except as
indicated on</FONT> <U><FONT face=serif>Schedule 3.25(d)</FONT></U> <FONT face=serif>hereto, all reports, returns and similar documents with respect to
the Benefit Plans required to be filed with any government agency or distributed
to any Benefit Plan participant have been duly and timely filed or
distributed.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(e)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>Each of the
Benefit Plans has been administered at all times, and in all material respects,
in accordance with its terms.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(f)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>As of the
date hereof, there are no pending investigations by any governmental agency
involving the Benefit Plans and, to the Knowledge of the Company, no threatened
or pending claims (except for claims for benefits payable in the normal
operation of the Benefit Plans), suits or proceedings against any Benefit Plan
or asserting any rights or claims to benefits under any Benefit Plan. To the
Knowledge of the Company, there are no facts which could give rise to any
material liability in the event of any such investigation, claim, suit or
proceeding.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(g)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>Neither the
Company nor any Affiliate has incurred or, to the Knowledge of the Company, is
reasonably likely to incur any liability with respect to any plan or arrangement
that would be included within the definition of either &#147;Plan&#148; or &#147;Benefit Plan&#148;
hereunder but for the fact that such plan or arrangement was terminated or
transferred before the date of this Agreement.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(h)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>The Company
does not maintain, contribute to or has or is likely to have any material
liability with respect to, any pension, welfare, bonus, stock purchase, stock
ownership, stock option, deferred compensation, incentive, severance,
termination or other compensation plan or arrangement, or other material
employee fringe benefit plan maintained outside the jurisdiction of
France.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(i)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>The Company
has classified all individuals who perform or have performed services for it
correctly under each Benefit Plan, the Tax Code and other applicable Law, as
employees (full or part-time), independent contractors, or leased employees, and
there is no action pending or threatened that challenges such
classification.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(j)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>Each Benefit
Plan can be amended, terminated or otherwise discontinued at any time in
accordance with its terms without material liability to the Company and any such
termination will not result in the imposition of any Tax.</FONT></FONT><FONT face=serif></FONT></P>
<P align=center><FONT face=serif size=1><FONT size=2>26</FONT></FONT></P>
<HR align=center width="100%" noShade SIZE=2>
<PAGE>

<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(k)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>No insurance
policy or any other contract or agreement affecting any Benefit Plan requires or
permits a retroactive increase in premiums or payments due
hereunder.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(l)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>Adequate
reserves will be included in the Final Closing Date Balance Sheet for any
liability of the Company resulting from (a) any claims that are incurred but not
reported as of the Closing Date under a Benefit Plan that provides health or
other welfare benefits, and (b) vacation, sick pay or other paid time off that
is either (i) accrued but unearned or (ii) earned but unused as of the Closing
Date.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>3.26</FONT><FONT face=sans-serif></FONT> <B><U><FONT face=serif>Immigration</FONT></U></B><FONT face=serif>. Except as set forth
on</FONT> <U><FONT face=serif>Schedule 3.26</FONT></U><FONT face=serif>, since
July 1, 2003, there have been no pending or, to the Knowledge of the Company,
threatened claims, controversies, disputes, causes of action, suits, judgments
or other liabilities involving any immigration matters (including without
limitation any violation or possible or alleged violation of applicable
immigration Laws) related to, affecting or otherwise involving the Company, or
its business.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>3.27</FONT><FONT face=sans-serif></FONT> <B><U><FONT face=serif>Brokers; Finders</FONT></U></B><FONT face=serif>. Neither the
Company, any Shareholder nor any Affiliate of any of them has employed any
investment banker, broker, finder or other intermediary who might be entitled to
any fee or commission payable by the Company in connection with the transactions
contemplated by this Agreement.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>3.28</FONT><FONT face=sans-serif></FONT> <B><U><FONT face=serif>Undisclosed Payments</FONT></U></B><FONT face=serif>. Neither the
Company nor any of its officers or directors, nor anyone acting on behalf of any
of them, has made or received any payment not correctly categorized and fully
disclosed in the Company&#146;s books and records in connection with or in any way
relating to or affecting the Company, other than any such payment that the
Company categorized incorrectly in their respective books and records in a good
faith attempt to categorize such payment in accordance with French
GAAP.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>3.29</FONT><FONT face=sans-serif></FONT> <B><U><FONT face=serif>Customer and Supplier Relations</FONT></U></B><FONT face=serif>.</FONT> <U><FONT face=serif>Schedule 3.29(a)</FONT></U> <FONT face=serif>contains a true, correct and complete list of the names and addresses
of the Customers and Suppliers, and the amount of sales to or purchases from
each such Customer or Supplier during the twelve (12) month period ended June
30, 2007 and the names of each new Customer and Supplier since June 30, 2007.
Except as set forth on</FONT> <U><FONT face=serif>Schedule
3.29(b)</FONT></U><FONT face=serif>, to the Knowledge of the Company, the
Company maintains good relations with each of its Customers and Suppliers and no
event has occurred that could materially and adversely affect the Company&#146;s
relations with any Customer or Supplier. Except as set forth on</FONT> <U><FONT face=serif>Schedule 3.29(c)</FONT></U><FONT face=serif>, no Customer or Supplier
has during the last twelve (12) months cancelled, terminated or, to the
Knowledge of the Company, made any threat to cancel or otherwise terminate any
of its contracts with the Company or to decrease its usage or supply of the
Company&#146;s services or products of the business of the Company. Except as set
forth on</FONT> <U><FONT face=serif>Schedule 3.29(d)</FONT></U><FONT face=serif>, to the Knowledge of the Company, no current Customer or Supplier
intends to terminate or materially alter its business relations with either
Company, either as a result of the transactions contemplated hereby or
otherwise.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>3.30</FONT><FONT face=sans-serif></FONT> <B><U><FONT face=serif>Ethical Practices</FONT></U></B><FONT face=serif>. Neither the
Company nor, to the Knowledge of the Company, any representative thereof has
offered or given, and to the Knowledge of the Company no Person has offered or
given on its behalf, anything of value to: (i) any official of an Authority, any
political party or official thereof or any candidate for political office; (ii)
any customer or member of any Authority; or (iii) any other Person, in any such
case while knowing or having</FONT></FONT><FONT face=serif></FONT></P>
<P align=center><FONT face=serif size=1><FONT size=2>27</FONT></FONT></P>
<HR align=center width="100%" noShade SIZE=2>
<PAGE>

<P align=justify><FONT face=serif><FONT size=2>reason to know that all or a
portion of such money or thing of value may be offered, given or promised,
directly or indirectly, to any customer or member of any Authority or any
candidate for political office for the purpose of the following: (x) influencing
any action or decision of such Person, in such Person&#146;s official capacity,
including a decision to fail to perform such Person&#146;s official function; (y)
inducing such Person to use such Person&#146;s influence with any Authority to affect
or influence any act or decision of such Authority to assist the Company in
obtaining or retaining business for, with, or directing business to, any Person;
or (z) where such payment would constitute a bribe, kickback or illegal or
improper payment to assist the Company in obtaining or retaining business for,
with, or directing business to, any Person.</FONT></FONT></P>
<P align=justify><FONT face=serif><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.31<FONT face=sans-serif></FONT>
<B><U>Product and Service Warranties and
Guaranties</U></B><B>.</B></FONT></FONT><B><FONT face=serif></FONT></B></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>Except as set forth on</FONT> <U><FONT face=serif>Schedule
3.31</FONT></U><FONT face=serif>, the Company does not make any express warranty
or guaranty as to goods sold, or services provided by, the Company (a
&#147;</FONT><U><FONT face=serif>Warranty</FONT></U><FONT face=serif>&#148;), and there is
no pending or, to the Knowledge of any Shareholder, threatened claim alleging
any breach of any Warranty. Except as set forth on</FONT> <U><FONT face=serif>Schedule 3.31</FONT></U> <FONT face=serif>(attached to which are
copies of all Warranties), the Company does not have any exposure to, or
liability under, any Warranty (a) beyond that which is typically assumed in the
ordinary course of business by Persons engaged in businesses comparable in size
and scope of the Company, or (b) that would have an adverse effect on the
Company or its operations.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>3.32</FONT><FONT face=sans-serif></FONT> <B><U><FONT face=serif>Shareholder Guarantees</FONT></U></B><FONT face=serif>. Except as
otherwise disclosed on</FONT> <U><FONT face=serif>Schedule 3.32</FONT></U><FONT face=serif>, no Shareholder has guaranteed any obligations of the Company under
any guarantee, letter of credit, bid bond or performance
bond.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>3.33</FONT><FONT face=sans-serif></FONT> <B><U><FONT face=serif>Ownership</FONT></U></B><FONT face=serif>. Each Shareholder (a) is
the sole beneficial and record owner of the Company Stock as set forth on</FONT>
<U><FONT face=serif>Schedule 3.3</FONT></U> <FONT face=serif>hereto and (b) has
full legal right, power and authority to enter into this Agreement and each
Shareholder Ancillary Document, to perform its obligations hereunder and
thereunder and to consummate the transactions contemplated hereby and thereby,
including the sale of the Company Stock to Buyer, without the need of the
consent of any other Person. Upon delivery of the Transfer Forms by each
Shareholder pursuant to this Agreement, or such other documentary evidence
reflecting the transfer of such Company Stock, Buyer will acquire good, valid
and marketable title to such Company Stock, free and clear of any Lien, except
for Liens that Buyer causes to be placed upon such assets.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>3.34</FONT><FONT face=sans-serif></FONT> <B><U><FONT face=serif>Shareholders&#146; Capacity</FONT></U></B><FONT face=serif>. The
execution, delivery and performance by each Shareholder of this Agreement and
each Shareholder Ancillary Document and the consummation by such Shareholder of
the transactions contemplated hereby and thereby have been duly authorized by
all required action on the part of such Shareholder and no approval or consent
of any other Person is required in connection therewith.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>3.35</FONT><FONT face=sans-serif></FONT> <B><U><FONT face=serif>Binding Effect</FONT></U></B><FONT face=serif>. This Agreement has
been, and the Shareholder Ancillary Documents shall be as of the Closing Date,
duly executed and delivered by each Shareholder, and do or shall, as the case
may be, constitute the valid and binding agreements of such Shareholder,
enforceable in accordance with its terms, except as limited by bankruptcy,
insolvency or other similar laws affecting the rights of creditors generally and
the application of equitable principles.</FONT></FONT><FONT face=serif></FONT></P>
<P align=center><FONT face=serif size=1><FONT size=2>28</FONT></FONT></P>
<HR align=center width="100%" noShade SIZE=2>
<PAGE>

<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>3.36</FONT><FONT face=sans-serif></FONT> <B><U><FONT face=serif>Shareholder Legal Proceedings</FONT></U></B><FONT face=serif>. There
are no suits, actions, claims, proceedings or investigations pending or, to the
knowledge of each Shareholder, threatened against, relating to or involving such
Shareholder which could reasonably be expected to adversely affect such
Shareholder&#146;s ability to consummate the transactions contemplated by this
Agreement or any Shareholder Ancillary Document.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>3.37</FONT><FONT face=sans-serif></FONT> <B><U><FONT face=serif>Amounts Owed to Shareholders</FONT></U></B><FONT face=serif>. The
Company does not owe and is not obligated to pay any Shareholder any amount,
except for salary, employee benefits and bonuses, accrued prior to the Closing
in the ordinary course of business consistent with past practice and except as
set forth on</FONT> <U><FONT face=serif>Schedule 3.19</FONT></U><FONT face=serif>.</FONT></FONT><FONT face=serif></FONT></P>
<P align=center><B><U><FONT face=serif><FONT size=2>ARTICLE
IV</FONT></FONT></U></B><B><FONT face=serif></FONT></B></P>
<P align=center><B><U><FONT face=serif><FONT size=2>REPRESENTATIONS AND
WARRANTIES OF BUYER</FONT></FONT></U></B><B><FONT face=serif></FONT></B></P>
<P align=justify><FONT face=serif><FONT size=2>Buyer represents and warrants to
the Shareholders and the Company as follows:</FONT></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>4.1</FONT><FONT face=sans-serif></FONT> <B><U><FONT face=serif>Organization and Good Standing</FONT></U></B><FONT face=serif>. Buyer
is a corporation duly organized, validly existing and in good standing under the
laws of the State of Arizona, United States of America. Buyer has all requisite
corporate power and all governmental licenses, authorizations, consents and
approvals required for it to own, lease and operate its respective properties
and assets as now owned, leased and operated and to carry on its respective
business as now being conducted.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>4.2</FONT><FONT face=sans-serif></FONT> <B><U><FONT face=serif>Authorization and Enforceability</FONT></U></B><FONT face=serif>.
Buyer has full corporate power and authority to make, execute, deliver and
perform this Agreement and the Buyer Ancillary Documents. The execution,
delivery and performance of this Agreement and the Buyer Ancillary Documents by
Buyer have been duly authorized by all necessary corporate action on the part of
Buyer. This Agreement has been and, as of the Closing Date, the Buyer Ancillary
Documents shall be, duly executed and delivered by Buyer and do or shall, as the
case may be, constitute the legal, valid and binding obligation of Buyer,
enforceable in accordance with their respective terms.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>4.3</FONT><FONT face=sans-serif></FONT> <B><U><FONT face=serif>Brokerage</FONT></U></B><FONT face=serif>. Buyer has not made any
agreement or taken any other action that might cause anyone to become entitled
to a broker&#146;s fee or commission as a result of the transactions contemplated
hereunder.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>4.4</FONT><FONT face=sans-serif></FONT> <B><U><FONT face=serif>No
Violation of Laws or Agreements</FONT></U></B><FONT face=serif>. The execution
and delivery of this Agreement do not, and the execution and delivery of the
Buyer Ancillary Documents, the consummation of the transactions contemplated
hereby and thereby and the compliance with the terms, conditions and provisions
of this Agreement and the Buyer Ancillary Documents by Buyer will not: (a)
contravene any provision of the amended and restated certificate of
incorporation or bylaws of Buyer; (b) conflict with or result in a breach of or
constitute a default (or an event which might, with the passage of time or the
giving of notice, or both, constitute a default) under, or result in or permit
the modification or termination of any provision of, or result in or permit the
acceleration of the maturity or the cancellation of the performance of any
obligation under, any indenture, mortgage, loan or credit agreement, license,
contract, or other agreement or commitment to which Buyer is a party or by which
its assets may be bound or</FONT></FONT><FONT face=serif></FONT></P>
<P align=center><FONT face=serif size=1><FONT size=2>29</FONT></FONT></P>
<HR align=center width="100%" noShade SIZE=2>
<PAGE>

<P align=justify><FONT face=serif><FONT size=2>affected; or (c) violate or
contravene any judgment or order of any court or Authority, domestic or foreign,
or any applicable Law.</FONT></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>4.5</FONT><FONT face=sans-serif></FONT> <B><U><FONT face=serif>Consents</FONT></U></B><FONT face=serif>. Except as disclosed
on</FONT> <U><FONT face=serif>Schedule 4.5</FONT></U> <FONT face=serif>hereto,
no consent, approval or authorization of, or registration or filing with, any
Person, including any Authority, is required solely as the result of the
execution and delivery of this Agreement by the Buyer or the consummation by the
Buyer of the transactions contemplated hereby. This representation is not
intended to, and shall not be deemed or otherwise construed, to cover any
consents that are the subject of the representations set forth in</FONT>
<U><FONT face=serif>Section 3.16</FONT></U> <FONT face=serif>hereof.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>4.6</FONT><FONT face=sans-serif></FONT> <B><U><FONT face=serif>Financial Condition, etc</FONT></U></B><FONT face=serif>. Buyer will
have on the Closing Date and thereafter sufficient funds available to it to pay
the Purchase Price and otherwise satisfy all of its obligations in connection
with this Agreement and the transactions contemplated hereby.</FONT></FONT><FONT face=serif></FONT></P>
<P align=center><B><U><FONT face=serif><FONT size=2>ARTICLE
V</FONT></FONT></U></B><B><FONT face=serif></FONT></B></P>
<P align=center><B><U><FONT face=serif><FONT size=2>CERTAIN OBLIGATIONS OF THE
PARTIES</FONT></FONT></U></B><B><FONT face=serif></FONT></B></P>
<P align=justify><FONT face=serif><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.1<FONT face=sans-serif></FONT>
<B><U>Intentionally Omitted</U></B>.</FONT></FONT></P>
<P align=justify><FONT face=serif><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.2<FONT face=sans-serif></FONT>
<B><U>Intentionally Omitted</U></B>. </FONT></FONT></P>
<P align=justify><FONT face=serif><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.3<FONT face=sans-serif></FONT>
<B><U>Intentionally Omitted</U></B>.<B><FONT face=serif></FONT></B>
</FONT></FONT></P>
<P align=justify><FONT face=serif><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.4<FONT face=sans-serif></FONT>
<B><U>Intentionally Omitted</U></B>. </FONT></FONT></P>
<P align=justify><FONT face=serif><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.5<FONT face=sans-serif></FONT>
<B><U>Intentionally Omitted</U></B>.</FONT></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>5.6</FONT><FONT face=sans-serif></FONT> <B><U><FONT face=serif>Public
Announcements</FONT></U></B><FONT face=serif>. No party hereto shall make or
issue, or cause to be made or issued, any public announcement or written
statement concerning this Agreement or the transactions contemplated hereby for
dissemination to the general public or employees, customers or suppliers (except
to the respective directors or officers or as may be specifically required by
applicable Law or administrative or legal process) without the prior written
consent of the other party (which will not be unreasonably withheld or
delayed).</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT face=serif><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.7<FONT face=sans-serif></FONT>
<B><U>Intentionally Omitted</U></B>. </FONT></FONT></P>
<P align=justify><FONT face=serif><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.8<FONT face=sans-serif></FONT>
<B><U>Intentionally Omitted</U></B>. </FONT></FONT></P>
<P align=justify><FONT face=serif><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.9<FONT face=sans-serif></FONT>
<B><U>Resignations</U></B>.</FONT></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(a)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>At the
Closing, Zineb Di Cesare will deliver a written resignation letter from her
corporate officer position with the Company, which resignation letter shall
waive all claims against the Company, its officers, directors, managers,
employees and representatives (and any and all claims against Buyer and its
Affiliates and any of their officers, directors, managers, employees and
representatives to the extent derived from any such claim) arising out of,
relating to, or resulting from any cause whatsoever from the beginning of time
to the Closing Date;</FONT></FONT><FONT face=serif></FONT></P>
<P align=center><FONT face=serif size=1><FONT size=2>30</FONT></FONT></P>
<HR align=center width="100%" noShade SIZE=2>
<PAGE>

<P align=justify><FONT face=serif><FONT size=2><U>provided</U><FONT face=serif>,</FONT> <U>however</U><FONT face=serif>, that such release shall not cover
any claims arising under this Agreement, Shareholder Ancillary Documents or
Buyer Ancillary Documents.</FONT></FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(b)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>The
Shareholders will use their best efforts to deliver the written resignation
letter of the statutory auditor of the Company at the
Closing.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(c)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>At the
Closing, the Shareholders will each deliver documents satisfactory to the Buyer
with respect to the term of their respective post-Closing employee positions.
These documents shall be held in escrow by the law firm of Taylor Wessing until
requested by the Buyer by written notice sent by registered
mail.</FONT></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>5.10</FONT><FONT face=sans-serif></FONT> <B><U><FONT face=serif>Company Records</FONT></U></B><FONT face=serif>. Buyer agrees for a
period of five (5) years subsequent to the Closing Date, upon reasonable request
of any Shareholder, to make available to such Shareholder all information and
statements in the Company&#146;s possession with regard to periods prior to the
Closing Date which may be reasonably required by the
Shareholders.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT face=serif><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.11<FONT face=sans-serif></FONT> <B><U>Tax
Matters</U></B><B>.</B></FONT></FONT><B><FONT face=serif></FONT></B></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(a)</FONT><FONT face=sans-serif></FONT> <U><FONT face=serif>Cooperation</FONT></U><FONT face=serif>. The Company, the
Shareholders and Buyer shall reasonably cooperate, and shall cause their
respective Affiliates, officers, employees, agents, auditors and representatives
reasonably to cooperate, in preparing and filing all Tax Returns, including
maintaining and making available to each other all records necessary in
connection with Taxes and in resolving all disputes and audits with respect to
all taxable periods relating to Taxes. The Shareholders may need access, from
time to time, after the Closing Date, to accounting and Tax records and
information held by the Company. Accordingly, the Shareholders, Buyer and the
Company shall, (i) properly retain and maintain such records for each Tax period
until the expiration of the statute of limitation of the applicable period, and
(ii) allow the other party and its agents and representatives (and agents or
representatives of any of its Affiliates), at times and dates reasonably
acceptable to the parties, to inspect, review and make copies of such records as
such other party may reasonably deem necessary or appropriate from time to time,
such activities to be conducted during normal business hours and at the
requesting party&#146;s expense. The Shareholders further agree, upon request by
Buyer, to use their best efforts to obtain any certificate or other document
from any Authority or any other Person as may be necessary to mitigate, reduce
or eliminate any Tax that could be imposed (including, but not limited to, with
respect to the transactions contemplated hereby).</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(b)</FONT><FONT face=sans-serif></FONT> <U><FONT face=serif>Transfer
Taxes</FONT></U><FONT face=serif>. All transfer, documentary, sales, use, stamp,
registration and other such Taxes and fees (including any penalties and
interest) incurred in connection with this Agreement (including any transfer Tax
and any similar tax imposed in any state or political subdivision), if any,
shall be paid by Buyer, and Buyer will file all necessary Tax Returns and other
documentation with respect to all such transfer, documentary, sales, use, stamp,
registration and other Taxes and fees, and, if required by applicable Law, the
Shareholders will, and will cause the Company to, join in the execution of any
such Tax Returns and other documentation.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT face=serif><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.12<FONT face=sans-serif></FONT>
<B><U>Employee Matters; Benefit Plans</U></B><B>.</B></FONT></FONT><B><FONT face=serif></FONT></B></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(a)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>The Closing
shall not affect any individual&#146;s status as an employee, officer or director of
the Company except as provided in</FONT> <U><FONT face=serif>Section
5.9</FONT></U> <FONT face=serif>or</FONT> <U><FONT face=serif>5.12(d)</FONT></U>
<FONT face=serif>hereof; provided, however,</FONT></FONT><FONT face=serif></FONT></P>
<P align=center><FONT face=serif size=1><FONT size=2>31</FONT></FONT></P>
<HR align=center width="100%" noShade SIZE=2>
<PAGE>

<P align=justify><FONT face=serif><FONT size=2>that the foregoing shall not be
deemed to diminish the rights of the Company as an employer after the Closing,
it being understood, for example that Buyer shall have no obligation to the
Shareholders regarding the continued employment of any employee, officer or
director after the Closing.</FONT></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(b)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>For a period
of one year following the Closing Date (the &#147;</FONT><U><FONT face=serif>Continuation Period</FONT></U><FONT face=serif>&#148;), Buyer shall cause
the Company to provide employees of the Company as of the Closing Date with
compensation and benefits that are comparable in the aggregate, determined on an
individual basis, to the compensation and benefits provided to similarly
situated employees of Buyer; provided, however, that nothing within this
Agreement shall prevent the amendment or termination of any specific plan,
program or arrangement or interfere with the Company&#146;s right or obligation to
make such changes as are necessary to comply with applicable Law; nor shall
Buyer be prevented from promoting, demoting, terminating or taking any other
action with respect to any employee of the Company.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(c)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>To the
extent applicable, before the Closing Date, the Shareholders shall cause the
Company to take all actions required to make any amendments to the Benefit Plans
required to comply with applicable Law for periods on or before the Closing
Date.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(d)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>The
Shareholders shall use their best efforts to cause each of the employees of the
Company and other persons identified on</FONT> <U><FONT face=serif>Exhibit
C</FONT></U> <FONT face=serif>to enter into an Employment Agreement or a
non-compete agreement, as the case may be, within three months following the
Closing Date.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(e)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>The
Shareholders shall not make any communication to employees of the Company
regarding any Benefit Plan maintained by Buyer or any of its Affiliates or
regarding any compensation or benefits to be provided after the Closing Date
without the prior written consent of Buyer.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(f)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>Nothing in
this</FONT> <U><FONT face=serif>Section 5.12</FONT></U> <FONT face=serif>shall
confer any rights or remedies upon any person, individual or whomsoever other
than the Company, Shareholders and Buyer.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>5.13</FONT><FONT face=sans-serif></FONT> <B><U><FONT face=serif>Affiliate Loans</FONT></U></B><FONT face=serif>. The Shareholders
shall cause all Affiliate Loans, if any, to have been paid in full prior to or
at the Closing.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>5.14</FONT><FONT face=sans-serif></FONT> <B><U><FONT face=serif>Termination of Agreements Among Shareholders</FONT></U></B><FONT face=serif>. The Shareholders shall take all actions necessary to terminate all
Shareholder Agreements and Voting Agreements in a manner such that neither Buyer
nor the Company has any liability under such agreements, which terminations
shall be effective on or prior to the Closing.</FONT></FONT><FONT face=serif></FONT></P>
<P align=center><B><U><FONT face=serif><FONT size=2>ARTICLE
VI</FONT></FONT></U></B><B><FONT face=serif></FONT></B></P>
<P align=center><B><U><FONT face=serif><FONT size=2>CONDITIONS TO THE CLOSING;
TERMINATION</FONT></FONT></U></B><B><FONT face=serif></FONT></B></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>6.1</FONT><FONT face=sans-serif></FONT> <B><U><FONT face=serif>Obligations of Seller prior to the Closing</FONT></U></B><FONT face=serif>. Prior to the Closing Date, each of the following conditions (any
one or more of which may be waived in whole or in part by Buyer at Buyer&#146;s sole
discretion) shall be satisfied by Seller:</FONT></FONT><FONT face=serif></FONT></P>
<P align=center><FONT face=serif size=1><FONT size=2>32</FONT></FONT></P>
<HR align=center width="100%" noShade SIZE=2>
<PAGE>

<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(a)</FONT><FONT face=sans-serif></FONT> <U><FONT face=serif>Performance of Agreements</FONT></U><FONT face=serif>. The
Shareholders and the Company shall have in all material respects performed all
of the covenants and complied with all of the provisions required by this
Agreement to be performed or complied with by them on or before the Closing
Date,.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(b)</FONT><FONT face=sans-serif></FONT> <U><FONT face=serif>Representations and Warranties</FONT></U><FONT face=serif>. The
representations and warranties of the Shareholders and the Company set forth in
Article III shall have been true and correct in all material respects on the
date when made and shall be true and accurate in all material respects on and as
of the Closing Date with the same force and effect as though such
representations and warranties had been made on, as of and with reference to the
Closing Date, except as affected by transactions required or permitted hereby,
and except that any such representation or warranty made as of a specified date
shall be true and correct in all material respects on and as of such
date,</FONT> <U><FONT face=serif>provided</FONT></U><FONT face=serif>,</FONT>
<U><FONT face=serif>however</FONT></U><FONT face=serif>, that any representation
or warranty of the Shareholders and the Company specifically qualified by
materiality shall have been true and accurate in all respects as of such
date.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT face=serif><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)<FONT face=sans-serif></FONT>
<U>Intentionally omitted</U>.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(d)</FONT><FONT face=sans-serif></FONT> <U><FONT face=serif>Injunction; Litigation; Etc</FONT></U><FONT face=serif>. No statute,
rule or regulation or order of any court or Authority shall be in effect which
restrains or prohibits the transactions contemplated by this Agreement or which
would limit or adversely affect Buyer&#146;s direct or indirect ownership of the
Company or which would limit or adversely affect Buyer&#146;s conduct of any of the
businesses of the Company following the Closing, nor shall there be pending or
threatened any litigation, suit, action or proceeding by any party which: (i)
seeks to restrain or prohibit the transactions contemplated by this Agreement;
(ii) challenges the legality or validity of the transactions contemplated by
this Agreement; or (iii) seeks damages from Buyer as a result of the
transactions contemplated by this Agreement.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(e)</FONT><FONT face=sans-serif></FONT> <U><FONT face=serif>Required
Consents</FONT></U><FONT face=serif>. All statutory and regulatory consents and
approvals which are required under the Laws or regulations of France and any
other Authority shall have been obtained; and all other necessary written
consents and approvals of third parties to the transactions contemplated hereby,
including the written consents of the third parties to those Material Contracts
marked with an asterisk on</FONT> <U><FONT face=serif>Schedule
3.13</FONT></U><FONT face=serif>, shall have been obtained in form reasonably
satisfactory to Buyer, and all such consents shall be in full force and effect
on and following the Closing.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(f)</FONT><FONT face=sans-serif></FONT> <U><FONT face=serif>Resignations</FONT></U><FONT face=serif>. Buyer shall have received
the resignation of the President (Zineb Di Cesare), as contemplated by</FONT>
<U><FONT face=serif>Section 5.9</FONT></U><FONT face=serif>.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(g)</FONT><FONT face=sans-serif></FONT> <U><FONT face=serif>Benefit
Plans and Labor Relations</FONT></U><FONT face=serif>. Except as set forth
on</FONT> <U><FONT face=serif>Schedule 6.1(h)</FONT></U><FONT face=serif>, the
Shareholders and the Company shall have taken all reasonable action necessary to
correct any compliance deficiencies properly identified to the Shareholders by
Buyer with respect to a Benefit Plan or labor relations or employment matter,
and provide evidence reasonably satisfactory to Buyer of such
corrections.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(h)</FONT><FONT face=sans-serif></FONT> <U><FONT face=serif>Affiliate
Loans</FONT></U><FONT face=serif>. The Affiliate Loans shall have been paid in
full or otherwise completely satisfied.</FONT></FONT><FONT face=serif></FONT></P>
<P align=center><FONT face=serif size=1><FONT size=2>33</FONT></FONT></P>
<HR align=center width="100%" noShade SIZE=2>
<PAGE>

<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(i)</FONT><FONT face=sans-serif></FONT> <U><FONT face=serif>Ancillary
Documents</FONT></U><FONT face=serif>. The Shareholders shall have delivered, or
caused to be delivered, to Buyer the documents listed in</FONT> <U><FONT face=serif>Section 2.10(a)</FONT></U><FONT face=serif>.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(j)</FONT><FONT face=sans-serif></FONT> <U><FONT face=serif>Termination of Agreements among Shareholders</FONT></U><FONT face=serif>. The Shareholders shall have terminated any Shareholder Agreements
and Voting Agreements and delivered to Buyer documentation reasonably
satisfactory to Buyer evidencing such terminations.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(k)</FONT><FONT face=sans-serif></FONT> <U><FONT face=serif>Escrow
Agreement.</FONT></U> <FONT face=serif>The Escrow Agent and the Shareholders
shall have executed and delivered the Escrow Agreement to
Buyer.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>6.2</FONT><FONT face=sans-serif></FONT> <B><U><FONT face=serif>Obligations of Buyer with respect to the Closing</FONT></U></B><FONT face=serif>. Prior to the Closing Date, each of the following conditions (any
one or more of which may be waived in whole or in part by the Shareholders, at
Shareholders&#146; sole discretion) shall be satisfied by Buyer:</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(a)</FONT><FONT face=sans-serif></FONT> <U><FONT face=serif>Performance of Agreements</FONT></U><FONT face=serif>. Buyer shall
have in all material respects performed all of the covenants and complied with
all of the provisions required by this Agreement to be performed or complied
with by it on or before the Closing Date.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(b)</FONT><FONT face=sans-serif></FONT> <U><FONT face=serif>Representations and Warranties</FONT></U><FONT face=serif>. The
representations and warranties of Buyer contained in this Agreement shall have
been true and accurate in all material respects on the date when made and shall
be true and correct in all material respects on and as of the Closing Date, with
the same force and effect as though such representations and warranties had been
made on, as of and with reference to the Closing Date, except as affected by
transactions required or permitted hereby, and except that any such
representation or warranty made as of a specified date (other than the date of
this Agreement) shall have been true and correct in all material respects on and
as of such date,</FONT> <U><FONT face=serif>provided</FONT></U><FONT face=serif>,</FONT> <U><FONT face=serif>however</FONT></U><FONT face=serif>,
that any representation or warranty of Buyer specifically qualified by
materiality shall have been true and accurate in all respects as of such
date.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(c)</FONT><FONT face=sans-serif></FONT> <U><FONT face=serif>Injunction; Litigation; etc</FONT></U><FONT face=serif>. No statute,
rule or regulation or order of any court or Authority shall be in effect which
restrains or prohibits the transactions contemplated by this Agreement; nor
shall there be pending or threatened any litigation, suit, action or proceeding
by any party which: (i) seeks to restrain or prohibit the transactions
contemplated by this Agreement; (ii) challenges the legality or validity of the
transactions contemplated by this Agreement; or (iii) seeks damages from the
Shareholders as a result of the transactions contemplated by this
Agreement.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(d)</FONT><FONT face=sans-serif></FONT> <U><FONT face=serif>Required
Consents</FONT></U><FONT face=serif>. All statutory and regulatory consents and
approvals which are required under the Laws or regulations of the United States,
France and any other Authority shall have been obtained.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(e)</FONT><FONT face=sans-serif></FONT> <U><FONT face=serif>Ancillary
Documents</FONT></U><FONT face=serif>. Buyer shall have delivered, or caused to
be delivered, to the Shareholders the documents listed in</FONT> <U><FONT face=serif>Section 2.10(b)</FONT></U><FONT face=serif>.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(f)</FONT><FONT face=sans-serif></FONT> <U><FONT face=serif>Escrow
Agreement</FONT></U><FONT face=serif>. The Escrow Agent and Buyer shall have
executed and delivered the Escrow Agreement to the
Shareholders.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT face=serif><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.3<FONT face=sans-serif></FONT>
<B><U>Intentionally Omitted</U></B>.</FONT></FONT><FONT face=serif></FONT></P>
<P align=center><FONT face=serif size=1><FONT size=2>34</FONT></FONT></P>
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<PAGE>

<P align=center><B><U><FONT face=serif><FONT size=2>ARTICLE
VII</FONT></FONT></U></B><B><FONT face=serif></FONT></B></P>
<P align=center><B><U><FONT face=serif><FONT size=2>CERTAIN ADDITIONAL
COVENANTS</FONT></FONT></U></B><B><FONT face=serif></FONT></B></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>7.1</FONT><FONT face=sans-serif></FONT> <B><U><FONT face=serif>Costs,
Expenses and Taxes</FONT></U></B><FONT face=serif>. Except as otherwise
expressly provided herein, (a) Buyer shall pay its own fees, costs and expenses
incurred in connection herewith and the transactions contemplated hereby,
including the fees, costs and expenses of its financial advisors, accountants
and counsel, and (b) the fees, costs and expenses of the Company and the
Shareholders incurred in connection herewith and the transactions contemplated
hereby shall be paid by the Shareholders if the Closing occurs and by the
Company if the Closing does not occur.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>7.2</FONT><FONT face=sans-serif></FONT> <B><U><FONT face=serif>Indemnification</FONT></U></B><FONT face=serif>. Each of the
Shareholders, jointly and severally, and Buyer hereby agrees as
follows:</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT face=serif><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)<FONT face=sans-serif></FONT>
<U>Indemnification Obligations</U>.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(i)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>Each of the
Shareholders hereby, jointly and severally, agrees to indemnify, defend and hold
Buyer, the Company and their respective officers, directors and other Affiliates
harmless from and against and to reimburse such Persons with respect to any and
all Damages arising out of or relating to one or more of the
following:</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(A)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>any
misrepresentation or breach of a representation or warranty of the Company or
any Shareholder contained in this Agreement or the Shareholder Ancillary
Documents or in any exhibit or schedule hereto, or in any other statement,
certificate or document furnished or to be furnished to Buyer pursuant hereto or
in connection with the transactions contemplated hereby (for purposes of
this</FONT> <U><FONT face=serif>Section 7.2(a)(i)(A)</FONT></U><FONT face=serif>, such representations and warranties shall be read without reference
to materiality, Material Adverse Effect or similar monetary and non-monetary
qualifications);</FONT></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(B)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>any breach
of any covenant or obligation of the Company required to be performed on or
prior to the Closing Date, or of any Shareholder contained in this Agreement or
the Shareholder Ancillary Documents, whether requiring performance before or
after the Closing Date; and</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(C)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>any Fraud,
willful misconduct or bad faith of the Company or any Shareholder in connection
with this Agreement or the Shareholder Ancillary Documents.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(ii)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>Buyer
hereby agrees to indemnify, defend and hold each Shareholder harmless from and
against and to reimburse each Shareholder and its Affiliates with respect to any
one or more of the following:</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(A)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>any and all
Damages arising out of or resulting from a misrepresentation or breach of
warranty of Buyer contained in this Agreement, in any Buyer Ancillary Document
or in any other statement, certificate or document furnished or to be furnished
by Buyer to the Shareholders pursuant hereto or in connection with the
transactions contemplated hereby;</FONT></FONT><FONT face=serif></FONT></P>
<P align=center><FONT face=serif size=1><FONT size=2>35</FONT></FONT></P>
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<PAGE>

<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(B)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>any and all
Damages arising out of or resulting from any breach of any covenant or
obligation of Buyer contained in this Agreement or in any Buyer Ancillary
Document, whether requiring performance before or after the Closing Date;
and</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(C)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>any Fraud,
willful misconduct or bad faith of Buyer in connection with this Agreement or
the Buyer Ancillary Documents.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT face=serif><FONT size=2>For purposes of this Agreement,
&#147;<U><FONT face=serif>Damages</FONT></U>&#148; means the aggregate amount of all
damages, claims, losses, taxes, obligations, liabilities (including any
governmental penalty, fines or punitive damages), deficiencies, interest, costs
and expenses arising out of or relating to a matter and any actions, fines,
judgments, costs (other than disclosed salary or other compensation payable to
any director, officer or employee) and, only in the event of Fraud, expenses
(including reasonable attorneys&#146; fees and all other out-of-pocket expenses
incurred in investigating, preparing or defending any litigation or proceeding,
commenced or threatened) incident to such matter or to the enforcement of this
Agreement. Except for in the event of Fraud, Damages shall be limited to actual
damages (as described above) and shall not include punitive
damages.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT face=serif><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)<FONT face=sans-serif></FONT>
<U>Indemnification Procedures</U>.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif>(i)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>A party
seeking indemnification pursuant to this</FONT> <U><FONT face=serif>Section
7.2</FONT></U> <FONT face=serif>(an &#147;</FONT><U><FONT face=serif>Indemnified
Party</FONT></U><FONT face=serif>&#148;) on the basis of a claim asserted by a third
party shall give prompt written notice to the party from whom such
indemnification is sought (the &#147;</FONT><U><FONT face=serif>Indemnifying
Party</FONT></U><FONT face=serif>&#148;) of the assertion of such claim, or the
commencement of any action, suit or proceeding brought by a third party, in
respect of which indemnity may be sought hereunder and will give the
Indemnifying Party such information with respect thereto as the Indemnifying
Party may reasonably request, but failure to give such notice shall not relieve
the Indemnifying Party of any liability hereunder (except to the extent that the
Indemnifying Party has suffered actual prejudice thereby). The Indemnifying
Party shall have the right (but not the obligation), exercisable by written
notice to the Indemnified Party within fifteen (15) days of receipt of notice
from the Indemnified Party of the commencement of or assertion of any claim or
action, suit or proceeding by a third party (other than a party or an Affiliate
of any party hereto) in respect of which indemnity may be sought hereunder (a
&#147;</FONT><U><FONT face=serif>Third Party Claim</FONT></U><FONT face=serif>&#148;), to
assume the defense and control the settlement of such Third Party Claim which
involves (and continues to involve) solely monetary damages;</FONT> <U><FONT face=serif>provided that</FONT></U><FONT face=serif>: (a) the Indemnifying Party
expressly agrees in such notice that, as between the Indemnifying Party and the
Indemnified Party, the Indemnifying Party shall be solely obligated to satisfy
in full and discharge any adverse money judgment or settlement resulting from
the Third Party Claim; (b) the defense of such Third Party Claim by the
Indemnifying Party will not, in the reasonable judgment of the Indemnified
Party, have any continuing material adverse effect on the Indemnified Party&#146;s
business; (c) the Indemnifying Party makes adequate provision to provide
reasonable assurances to the Indemnified Party of the ability of the
Indemnifying Party to satisfy the full amount of any adverse monetary judgment
that may result; (d) such Third Party Claim could not result in criminal
liability of, or equitable remedies against, the Indemnified Party; and (e) the
Indemnified Party does not reasonably believe that the interests of the
Indemnifying Party and the Indemnified Party with respect to such Third Party
Claim are in conflict with one another, and as a result, the Indemnifying Party
could not adequately represent the interests of the Indemnified Party in such
claim (the</FONT></FONT><FONT face=serif></FONT></P>
<P align=center><FONT face=serif size=1><FONT size=2>36</FONT></FONT></P>
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<PAGE>


<P align=justify><FONT face=serif size=2>conditions set forth in clauses (a),
(b), (c), (d), and (e) are collectively referred to as the &#147;<U>Litigation
Conditions</U>&#148;).</FONT><FONT face=serif size=2></FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(ii)<FONT face=sans-serif></FONT> Within fifteen (15) days
after the Indemnifying Party has given written notice to the Indemnified Party
of its intended exercise of its right to defend and control the right to settle
a Third Party Claim, the Indemnified Party shall give written notice to the
Indemnifying Party of any objection thereto based upon the Litigation
Conditions. If the Indemnified Party so objects, the Indemnified Party shall
continue to defend the Third Party Claim until such time as such objection is
withdrawn. If no such notice of objection is given, or if any such objection is
withdrawn, the Indemnifying Party shall be entitled to assume and conduct such
defense, with counsel selected by the Indemnifying Party and reasonably
acceptable to the Indemnified Party, until such time as the Indemnified Party
shall give notice that any of the Litigation Conditions, in its reasonable
judgment, are no longer satisfied. If the Indemnified Party is defending the
claim after it has made an objection based upon the Litigation Conditions, the
Indemnifying Party shall thereafter remain obligated to pay the amount found to
be owing to or agreed to in a settlement made pursuant to <U>Section
7.2(b)(iv)</U> with the third party with respect to such Third Party Claim, and
to pay the costs (including attorneys&#146; fees and expenses) incurred by the
Indemnified Party defending such Third Party Claim. The Indemnified Party shall
defend any Third Party Claim with counsel selected by it and reasonably
acceptable to the Indemnifying Party. If the Indemnified Party is defending the
Third Party Claim for any reason pursuant to this <U>Section </U><FONT face=serif size=2></FONT><U>7.2(b)</U>, Indemnifying Party shall still be obligated with
respect to the costs and expenses of any such expense.</FONT><FONT face=serif size=2></FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif><FONT size=2>(iii)<FONT face=sans-serif></FONT> The Indemnifying
Party or the Indemnified Party, as the case may be, shall have the right to
participate in (but not control), at its own expense, the defense of any Third
Party Claim, which the other is defending as provided in this
Agreement.</FONT></FONT><FONT face=serif size=2></FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(iv)<FONT face=sans-serif></FONT> The Indemnifying Party, if
it shall have assumed the defense of any Third Party Claim as provided in this
Agreement, shall not consent to a settlement of, or the entry of any judgment
arising from, any such Third Party Claim without the prior written consent of
the Indemnified Party (which consent shall not be unreasonably withheld or
delayed). The Indemnifying Party shall not, without the prior written consent of
the Indemnified Party, enter into any compromise or settlement, which commits
the Indemnified Party to take, or to forbear to take, any action, or which does
not provide for a complete release by such third party of the Indemnified Party
or which contains any admission or statement suggesting any wrongdoing on behalf
of the Indemnified Party. The Indemnified Party shall have the sole and
exclusive right to settle any Third Party Claim, on such terms and conditions as
it deems reasonably appropriate, to the extent such Third Party Claim involves
equitable or other non-monetary relief and shall have the right to settle any
Third Party Claim involving monetary damages without the written consent of the
Indemnifying Party if the Indemnifying Party fails to assume and maintain the
defense of such claim pursuant to this <U>Section 7.2(b)</U>.</FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(v)<FONT face=sans-serif></FONT> Whether or not the
Indemnifying Party chooses to defend or prosecute any Third Party Claim, all the
parties hereto shall cooperate in the defense or prosecution thereof and shall
furnish such records, information and testimony, and attend such conferences,
discovery proceedings, hearings, trials and appeals, as may be reasonably
requested in connection therewith.</FONT></P>
<P align=center><FONT face=serif size=1><FONT size=2>37</FONT></FONT></P>
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<PAGE>

<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(vi)<FONT face=sans-serif></FONT> In the event an Indemnified
Party claims a right to payment pursuant hereto, such Indemnified Party shall
send written notice to the appropriate Indemnifying Party. Such notice shall
specify the basis for such claim. The failure by any Indemnified Party so to
notify the Indemnifying Party shall not relieve the Indemnifying Party from any
liability that it may have to such Indemnified Party with respect to any claim
made pursuant to this <U>Section 7.2(b)(vi)</U>, it being understood that notices for claims in respect of a
breach of a representation or warranty must be delivered prior to the expiration
of the survival period for such representation or warranty under <U>Section 7.2(b)(vii)</U>. In the event the Indemnifying Party does not notify the
Indemnified Party within thirty (30) days following its receipt of such notice
that the Indemnifying Party disputes its liability to the Indemnified Party
under this <U>Section 7.2</U> or the amount thereof, the claim specified by the
Indemnified Party in such notice shall be conclusively deemed a liability of the
Indemnifying Party under this <U>Section 7.2</U>, and the Indemnifying Party
shall pay the amount of such liability to the Indemnified Party on demand or, in
the case of any notice in which the amount of the claim (or any portion of the
claim) is estimated, on such later date when the amount of such claim (or such
portion of such claim) becomes finally determined. In the event the Indemnifying
Party has timely disputed its liability with respect to such claim as provided
above, as promptly as possible, such Indemnified Party and the appropriate
Indemnifying Party shall establish the merits and amount of such claim (by
mutual agreement, litigation, arbitration or otherwise) and, within five (5)
Business Days following the final determination of the merits and amount of such
claim, the Indemnifying Party shall pay to the Indemnified Party in immediately
available funds in an amount equal to such claim as determined
hereunder.</FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif><FONT size=2>(vii)<FONT face=sans-serif></FONT> No action or claim
for Damages under <U>Section 7.2(a)(i)(A)</U> or <U>7.2(a)(ii)(A)</U> arising
out of or resulting from a breach of representations and warranties contained
herein shall be brought or made after the expiration of the twelve (12) month
anniversary of the Closing Date; <U>provided</U>, <U>however</U>, that the
foregoing time limitations shall not apply to: (1) any of the representations
and warranties contained in <U>Sections 3.1</U>, <U>3.2</U>, <U>3.3</U>,
<U>3.4</U>, <U>3.19</U>, <U>3.27</U>, <U>3.33</U>, <U>3.34</U>, <U>3.35</U>,
<U>3.36</U>, <U>3.37</U>, <U>4.1</U>, <U>4.2</U>, <U>4.3</U> or <U>4.4</U>, each
of which shall survive indefinitely (collectively along with the representations
and warranties in <U>Section 3.9</U>, <U>3.15</U> or <U>3.25</U> the
&#147;<U>Surviving Representations</U>&#148;); (2)
any of the representations and warranties contained in <U>Sections 3.9</U>,
<U>3.15</U> or <U>3.25</U>, each of which shall survive until sixty (60) days
following the expiration of any statute of limitations, if any, relating to the
rights of any third party to bring any claim with respect to such matter; or (3)
any such claims which have been the subject of a good faith written notice from
Buyer to the Shareholders or from the Shareholders to Buyer, as the case may be,
prior to such period, which notice specifies in reasonable detail the nature and
basis for such claim (which shall survive until the final resolution of such
claims).</FONT></FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif><FONT size=2>(viii)<FONT face=sans-serif></FONT> Notwithstanding
anything to the contrary in this <U>Section 7.2</U>, no limitation or condition
of liability provided in <U>Sections 7.2</U> shall apply in the event of the
breach by a Shareholder of (A) any of the representations and warranties
contained in <U>Sections 3.33</U>, <U>3.34</U>, <U>3.35</U>, <U>3.36</U> or
<U>3.37</U> hereof, or (B) any of the other representations and warranties
contained herein if such representation or warranty was made fraudulently by a
Shareholder, including, in any such event, the limitations set forth in
<U>Section 7.2(b)(vii)</U> or <U>Section 7.2(c)</U> hereof.</FONT></FONT></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(c)<FONT face=sans-serif></FONT> <U>Limitation of Liability</U>. The Shareholders shall
not be liable to Buyer under <U><FONT face=serif size=2>Section 7.2(a)(i)(A)</FONT></U> for any Damages until the amount due under such Section
exceeds &euro;5,000;</FONT></P>
<P align=center><FONT face=serif><FONT size=2>38</FONT></FONT></P>
<P align=justify>
<HR align=center width="100%" noShade SIZE=2>

<PAGE>

<P align=justify><FONT face=serif size=2>except Damages arising out of a breach
of any of the Surviving Representations shall not be subject to such limit. In
no event shall Buyer bring an individual indemnification claim under <U><FONT face=serif>Section 7.2(a)(i)(A)</FONT></U> for Damages less than &euro;5,000, except
Damages arising out of a breach of any of the Surviving Representations shall
not be subject to such limit. In addition, the Shareholders&#146; total liability to
Buyer for Damages arising under <U><FONT face=serif>Section 7.2(a)(i)(A)</FONT></U>, in the aggregate, shall not exceed &euro;225,000, except
that Damages arising out of a breach of any of the Surviving Representations
shall be limited to the effectively paid Purchase Price. Buyer&#146;s exclusive
remedy for any misrepresentation or breach of representation or warranty by the
Shareholders, except in the case of bad faith, Fraud or willful misconduct,
shall be proceeding with a claim under this <U><FONT face=serif size=2>Section 7.2</FONT></U> with respect thereto. Any indemnification obligation of the
Shareholders pursuant to this <U><FONT face=serif size=2>Section 7.2</FONT></U>
shall be joint or several, and shall be satisfied first from the Escrow Amount
and, if the Escrow Amount is insufficient or has been fully distributed, by the
Shareholders on a joint and several basis.</FONT><FONT face=serif size=2></FONT></P>
<P align=justify><FONT size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face=serif size=2>7.3</FONT><FONT face=sans-serif></FONT> <B><U><FONT face=serif size=2>Access to Information</FONT></U></B><FONT face=serif size=2>. The
Shareholders and Buyer shall reasonably cooperate with each other after the
Closing so that (subject to any limitations that are reasonably required to
preserve any applicable attorney-client privilege) each party has access to the
business records, contracts and other information existing at the Closing Date
and relating to the Company (whether in the possession of any Shareholder or
Buyer) (including copies thereof) as is reasonably necessary for the (a)
preparation for or the prosecution or defense of any suit, action, litigation or
administrative, arbitration or other proceeding or investigation (other than one
by or on behalf of a party to this Agreement) by or against the Shareholders or
Buyer, (b) preparation and filing of any Tax Return or election relating to the
Company and any audit by any taxing authority of any returns of Buyer or the
Shareholders relating thereto, (c) preparation and filing of any other documents
required by governmental or regulatory bodies, and (d) transfer of data to Buyer
relating to the Company. The party requesting such information and assistance
shall reimburse the other party for all out-of-pocket costs and expenses
incurred by such party in providing such information and in rendering such
assistance. The access to files, books and records contemplated by this</FONT>
<U><FONT face=serif size=2>Section 7.4</FONT></U> <FONT face=serif size=2>shall be
during normal business hours and upon not less than two (2) Business Days prior
written request, shall be subject to such reasonable limitations as the party
having custody or control thereof may impose to preserve the confidentiality of
information contained therein, and shall not extend to material subject to a
claim of privilege unless expressly waived by the party entitled to claim the
same.</FONT></FONT><FONT face=serif size=2></FONT></P>
<P align=justify><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>7.4<FONT face=sans-serif></FONT>
<B><U>Record Retention</U></B><B>.</B></FONT><B><FONT face=serif></FONT></B></P>
<P align=justify><FONT size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face=serif size=2>(a)</FONT><FONT face=sans-serif></FONT> <FONT face=serif size=2>Buyer
covenants and agrees to retain the books and records of the Company obtained in
this transaction for a period of five (5) years following the Closing Date;
provided, that the retention of Tax books and records shall be governed
by</FONT> <U><FONT face=serif size=2>Section 5.11(b)</FONT></U><FONT face=serif size=2>, and books and records relating to matters as to which any applicable
statute of limitations has been tolled shall be retained until the expiration of
such limitations period (if more than five (5) years following the Closing
Date). Books and records to be so retained shall be available for inspection
from time to time by the Shareholders upon reasonable advance notice to Buyer
during Buyer&#146;s normal business hours. In the event that Buyer shall propose to
destroy any of such books or records during the applicable retention period,
Buyer will give reasonable advance notice to the Shareholders and an opportunity
for the Shareholders to take custody of such books and records at the
Shareholders&#146; expense.</FONT></FONT><FONT face=serif size=2></FONT></P>
<P align=center><FONT face=serif size=1><FONT size=2>39</FONT></FONT></P>
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<PAGE>

<P align=justify><FONT size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face=serif>(b)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>Each Shareholder covenants and agrees
to deliver to the Company on or prior to the Closing Date any books and records
of or with respect to the Company that such Shareholder has in its possession.
To the extent that any Shareholder discovers any books and records of or with
respect to the Company in its possession after the Closing Date, such
Shareholder agrees to promptly deliver such books or records to the
Company.</FONT></FONT></P>
<P align=justify><FONT face=serif><FONT size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>7.5<FONT face=sans-serif></FONT>
<B><U>Non-Competition, Non-Disclosure and
Nonsolicitation</U></B>.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face=serif>(a)</FONT><FONT face=sans-serif></FONT> <U><FONT face=serif>Confidential and Proprietary
Information</FONT></U><FONT face=serif>. Shareholders hereby covenant and agree
that they will not, directly or indirectly, disclose or furnish to any person,
other than the Company, any proprietary information of, or confidential
information concerning, the Company, any Affiliate of the Company or the
Business (the &#147;</FONT><U><FONT face=serif>Confidential and Proprietary
Information</FONT></U><FONT face=serif>&#148;), except as may be necessary in the
ordinary course of performing Shareholders&#146; duties to the Company hereunder or
under the Shareholders Employee/Officer Agreements;</FONT> <I><FONT face=serif>provided</FONT></I><FONT face=serif>,</FONT> <I><FONT face=serif>however</FONT></I><FONT face=serif>, that this covenant of
nondisclosure shall not apply to information (i) which is, or at any time
becomes available in the public domain (other than as a result of disclosure by
Shareholders or any of their Affiliates) and (ii) which is required to be
disclosed by law or court or administrative court; provided, that Shareholders
give the Company notice or such required disclosure and a reasonable opportunity
to take steps to maintain the confidentiality thereof.</FONT></FONT></P>
<P align=justify><FONT size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face=serif>(b)</FONT><FONT face=sans-serif></FONT> <U><FONT face=serif>Documents, Records,
etc</FONT></U><FONT face=serif>. All documents, records, data, material,
apparatus, equipment, machines, customer lists, and other physical or tangible
property of the Company, whether or not constituting or pertaining to
Confidential and Proprietary Information, which are related to the operation of
the Company, before or after the Closing, will be and remain the sole property
of the Company and, except as is necessary or appropriate in the performance of
Shareholders&#146; duties under this Agreement or the Shareholders Employee/Officer
Agreements, shall not be removed from the Company&#146;s premises without the prior
written consent of the Company. Shareholders will return to the Company all such
materials and property as and when requested by the Company. In any event,
Shareholders will return all such materials and property (including all copies
thereof) immediately upon termination of this Agreement for any reason.
Shareholders will not retain any such material or property or any copies thereof
after such termination.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face=serif>(c)</FONT><FONT face=sans-serif></FONT> <U><FONT face=serif>Noncompetition and
Nonsolicitation</FONT></U><FONT face=serif>. Until the eighth
(8</FONT><SUP><FONT face=serif>th</FONT></SUP><FONT face=serif>) anniversary of
the Closing (the &#147;</FONT><U><FONT face=serif>Restricted Period</FONT></U><FONT face=serif>&#148;), neither of the Shareholders nor any of their Affiliates shall,
directly or indirectly, (i) anywhere within the Territory (as defined below),
own, manage, operate, join, control, promote, invest or participate in or be
connected with in any capacity (either as an employee, employer, agent,
principal, partner, corporate officer, director, creditor, owner or shareholder
or in any other individual or representative capacity) with any business,
individual, partnership, firm, corporation or other entity which is engaged,
wholly or partly, in the Business as conducted by the Company on the Closing
Date or during the Restricted Period; (ii) hire, engage or attempt to hire or
engage (whether on its or his own behalf or on the behalf of any third party)
any officer or employee of the Company or any of its direct or indirect
subsidiaries or Affiliates, or any former employee of the Company or any of
either of their direct or indirect subsidiaries or Affiliates who was employed
during the twelve (12)-month period immediately preceding the date of
solicitation, or encourage (whether on his own behalf or on the behalf of any
third party) any such officer or employee to terminate his or her relationship
or</FONT></FONT><FONT face=serif></FONT></P>
<P align=center><FONT face=serif size=1><FONT size=2>40</FONT></FONT></P>
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<PAGE>

<P align=justify><FONT face=serif><FONT size=2>employment with the Company or
any of its direct or indirect subsidiaries or Affiliates; and/or (iii) solicit
(whether on his own behalf or on the behalf of any third party) any client or
supplier of the Company (regardless of whether they are a client or supplier at
or after the Closing Date) or former client or supplier of the Company or any of
their respective direct or indirect subsidiaries or Affiliates to provide goods
or services in competition with the Company or any of its direct or indirect
subsidiaries or Affiliates, encourage (whether on his own behalf or on the
behalf of any third party) any customer or supplier to terminate its
relationship with the Company or any of its direct or indirect subsidiaries or
Affiliates, or divert to any person or entity any client or business opportunity
of the Company or any of its direct or indirect subsidiaries or Affiliates. For
the purposes hereof, &#147;<U><FONT face=serif>Territory</FONT></U>&#148; means the World.
Shareholders hereby agree that this <U><FONT face=serif>Section 7.5</FONT></U>
is entered into in consideration of the Purchase Price, is necessary for the
protection of the Business of the Company and its direct or indirect
subsidiaries and Affiliates, including their goodwill, and is reasonable in
geographic scope and duration in view of the relevant market for the Company&#146;s
products and services and that any breach hereof would result in continuing and
irreparable harm to the Company. Shareholders further agrees and consents that
the Company shall be entitled to (i) an injunction or any appropriate decree of
specific performance for any actual or threatened violation or breach of this
<U><FONT face=serif>Section 7.5</FONT></U> by Shareholders or their Affiliates
(ii) such other relief as may be just and proper, including the right to recover
all losses or damages suffered by the Company and/or its direct or indirect
subsidiaries and Affiliates resulting from any such breach or threatened breach.
The sole exceptions to this <U><FONT face=serif>Section 7.5</FONT></U> shall be
that (1) Shareholders may make passive investments in a competitive enterprise,
the shares of which are publicly traded, if such investments in the aggregate
constitutes less than one percent (1%) of the outstanding capital stock or other
interests in the equity of any such enterprise and (2) the Shareholders may
continue to own and hold their current interest in SEMCO Engineering, which has
been owned for more than 20 years and is described on <U><FONT face=serif>Schedule 7.5(c)</FONT></U>, but may not increase such
interest.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face=serif>(d)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>The Parties agree that this</FONT>
<U><FONT face=serif>Section 7.5</FONT></U> <FONT face=serif>is a material part
of the consideration by the Shareholders in inducing the Buyers to enter this
Agreement. Should a court or abitrator find any part of this</FONT> <U><FONT face=serif>Section 7.5</FONT></U> <FONT face=serif>to be overly broad in
duration or geographical scope, the Parties agree that this</FONT> <U><FONT face=serif>Section 7.5</FONT></U> <FONT face=serif>shall be only as broad in
duration or geographical scope as allowed by law and that such court or
arbitrator shall interpret this</FONT> <U><FONT face=serif>Section
7.5</FONT></U> <FONT face=serif>as being re-written to be as broad as allowed by
law.</FONT></FONT><FONT face=serif></FONT></P>
<P align=center><B><U><FONT face=serif><FONT size=2>ARTICLE
VIII</FONT></FONT></U></B><B><FONT face=serif></FONT></B></P>
<P align=center><B><U><FONT face=serif><FONT size=2>MISCELLANEOUS</FONT></FONT></U></B><B><FONT face=serif></FONT></B></P>
<P align=justify><FONT size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face=serif>8.1</FONT><FONT face=sans-serif></FONT> <B><U><FONT face=serif>Survival</FONT></U></B><FONT face=serif>. Subject to the provisions of</FONT> <U><FONT face=serif>Section
7.2</FONT></U><FONT face=serif>, all representations, warranties, covenants and
agreements of Buyer, the Shareholders and the Company contained in this
Agreement or any exhibit or schedule hereto or any certificate or other document
delivered pursuant to this Agreement shall survive the Closing and shall remain
in full force and effect, regardless of any investigation made or information or
knowledge obtained by or on behalf of either Buyer or any Shareholder, as
applicable, at any time.</FONT></FONT></P>
<P align=justify><FONT size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face=serif>8.2</FONT><FONT face=sans-serif></FONT> <B><U><FONT face=serif>Notices</FONT></U></B><FONT face=serif>. Any notice, request, demand, waiver, consent, approval or other
communication which is required or permitted to be given to any party hereunder
shall be in</FONT></FONT><FONT face=serif></FONT></P>
<P align=center><FONT face=serif size=1><FONT size=2>41</FONT></FONT></P>
<HR align=center width="100%" noShade SIZE=2>
<PAGE>

<P align=justify><FONT face=serif><FONT size=2>writing and shall be deemed given
if delivered to the party personally, at the time of delivery, if sent to the
party by overnight courier, which shall be deemed delivered at the close of
business on the date of receipt of confirmation of delivery, or if by telecopy,
upon receipt of confirmation of &#147;good&#148; transmission, or if by registered or
certified mail (return receipt requested) with postage and registration or
certification fees thereon prepaid, addressed to the party at its address set
forth below:</FONT></FONT></P>
<P align=justify><FONT face=serif><FONT size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>If to Buyer (or to the Company
following the Closing Date):</FONT></FONT></P>
<P style="PADDING-LEFT: 48pt" align=justify><FONT face=serif><FONT size=2>TEMPRESS HOLDINGS BV<BR>Brugstraat 2, 8181 VH Heerde<BR>P.O. Box 212,
8180 AE Heerde<BR>The Netherlands<BR>Fax: 31 578 693693<BR>Telephone: 31 578
699200<BR>Attention: Bradley C. Anderson<BR>&nbsp;</FONT></FONT></P>
<P style="PADDING-LEFT: 48pt" align=justify><FONT face=serif><FONT size=2>with a
copy to:</FONT></FONT></P>
<P style="PADDING-LEFT: 48pt" align=justify><FONT face=serif><FONT size=2>Squire, Sanders &amp; Dempsey L.L.P.<BR>Two Renaissance Square<BR>40
North Central Avenue, Suite 2700<BR>Phoenix, Arizona 85004<BR>Fax: (602)
253-8129<BR>Telephone: (602) 528-4046<BR>Attention: Christopher D. Johnson,
Esq.</FONT></FONT></P>
<P align=justify><FONT face=serif><FONT size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>If to a Shareholder (or to the
Company prior to the Closing Date):</FONT></FONT></P>
<P style="PADDING-LEFT: 48pt" align=justify><FONT face=serif><FONT size=2><U>796
chemin de Nouau 34730 Prades-le-Lez<BR></U><FONT face=serif>Telephone: 33 1 4 67
59 51 68</FONT></FONT></FONT></P>
<P style="PADDING-LEFT: 48pt" align=justify><FONT face=serif><FONT size=2>with a
copy to:</FONT></FONT></P>
<P style="PADDING-LEFT: 48pt" align=justify><FONT face=serif><FONT size=2>R2D<FONT face=serif size=2></FONT> INGENIERIE,<BR>located at<FONT face=serif size=2></FONT> 8<FONT face=serif size=2></FONT> rue Georges Besse
34830 Clapiers<BR>Fax: 33 1 4 67 59 48 06<BR>Telephone: 33 1 4 67 59 48
08<BR>Attention: Zineb Di Cesare</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face=serif>8.3</FONT><FONT face=sans-serif></FONT> <B><U><FONT face=serif>Successors and
Assigns</FONT></U></B><FONT face=serif>. The provisions of this Agreement shall
be binding upon and inure to the benefit of the parties hereto and their
respective successors and assigns;</FONT> <U><FONT face=serif>provided</FONT></U><FONT face=serif>,</FONT> <U><FONT face=serif>however</FONT></U><FONT face=serif>, that no party may assign,
delegate or otherwise transfer any of its rights or obligations under this
Agreement without the prior written consent of the other parties
hereto,</FONT></FONT><FONT face=serif></FONT></P>
<P align=center><FONT face=serif size=1><FONT size=2>42</FONT></FONT></P>
<HR align=center width="100%" noShade SIZE=2>
<PAGE>

<P align=justify><FONT face=serif><FONT size=2>except that Buyer may assign its
rights hereunder (a) to any Affiliate of Buyer, but no such assignment shall
relieve Buyer of any of its obligations hereunder, (b) as collateral security to
any Person providing financing to Buyer to consummate the transactions
contemplated hereunder or (c) as collateral security to any Person providing
financing to Buyer or any Affiliate of Buyer in the event Buyer or any Affiliate
of Buyer re-finances any debt obligations. Soon after the Closing, Buyer will
sell, assign and transfer all of its rights to the Company Stock acquired
pursuant to this Agreement, to a French SNC, which is currently in the process
of being established.</FONT></FONT></P>
<P align=justify><FONT face=serif><FONT size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>8.4<FONT face=sans-serif></FONT>
<B><U>Settlement Dispute Process; Governing Law;
Venue</U></B>.</FONT></FONT></P>
<P align=justify><FONT size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face=serif>(a)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>Except for as provided in</FONT>
<U><FONT face=serif>Sections 2.8</FONT></U> <FONT face=serif>and</FONT> <U><FONT face=serif>7.5</FONT></U><FONT face=serif>, if any dispute arises out of, or
relating to this Agreement, between the Shareholders and Buyer, the following
procedure shall be implemented before either party pursues other available
remedies, except that either party may seek injunctive relief from a court where
appropriate in order to maintain the status quo while this procedure is being
followed.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face=serif>(b)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>The Shareholders and Buyer shall
promptly and in any event within 30 days hold a meeting in Amsterdam, the
Netherlands, or such other place as the parties may agree, attended by persons
with decision-making authority regarding the dispute, to attempt in good faith
to negotiate a resolution of the dispute; provided, however, that no such
meeting shall be deemed to vitiate or reduce the obligations and liabilities of
the parties hereunder or be deemed a waiver by a party hereto of any remedies to
which such party should otherwise be entitled hereunder.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face=serif>(c)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>If, within fifteen (15) days after such
meeting, the parties have not succeeded in negotiating a resolution of the
dispute, they agree to submit the dispute to not more than five (5) days of
mediation in Amsterdam, the Netherlands, or such other place as the parties may
agree, in accordance with the then-current Rules of Arbitration of the
International Chamber of Commerce (the &#147;</FONT><U><FONT face=serif>ICC</FONT></U><FONT face=serif>&#148;) and to bear equally the cost of
mediation.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face=serif>(d)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>The Shareholders and Buyer will jointly
appoint a mutually acceptable mediator, seeking assistance in such regard from
the ICC if they have been unable to agree upon such appointment within five (5)
days from the conclusion of the negotiation period.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face=serif>(e)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>The Shareholders and Buyer agree to
participate in good faith in the mediation and negotiations related thereto for
a period of fifteen (15) days. If the parties are not successful in resolving
the dispute through the mediation, then the parties may agree to submit the
matter to binding arbitration. The parties further agree any legal proceedings
arising out of the transactions contemplated by this Agreement shall be brought
in the International Chamber of Commerce&#146;s International Court of Arbitration
located in Paris, France and shall be finally settled under the Rules of
Arbitration of the International Chamber of Commerce by one or more arbitrators
appointed in accordance with the said rules under the Rules of Arbitration of
the International Chamber of Commerce by one or more arbitrators appointed in
accordance with the said Rules.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face=serif>(f)</FONT><FONT face=sans-serif></FONT> <FONT face=serif>This Agreement shall be governed by and
construed in accordance with the laws of the State of New York, United States
without regard to the conflict of laws principles thereof.</FONT></FONT></P>
<P align=center><FONT face=serif size=1><FONT size=2>43</FONT></FONT></P>
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<P align=justify><FONT size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face=serif>8.5</FONT><FONT face=sans-serif></FONT> <B><U><FONT face=serif>Entire
Agreement</FONT></U></B><FONT face=serif>. This Agreement, together with the
exhibits and schedules attached hereto and any agreements entered into
contemporaneously herewith, constitutes the entire understanding of the parties,
supersedes any prior agreements or understandings, written or oral, between the
parties with respect to the subject matter hereof, and is not intended to confer
upon any Person other than the parties hereto any benefit, right or remedy. The
Shareholders understand and agree that their agreement to use their best efforts
to fulfill the performance objectives contained in the Escrow Agreement is a
significant portion of the inducement and consideration for Buyer to enter into
this Agreement;</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face=serif>8.6</FONT><FONT face=sans-serif></FONT> <B><U><FONT face=serif>Further
Assurances</FONT></U></B><FONT face=serif>. Each party shall cooperate and take
such action as may be reasonably requested by another party in order to carry
out the provisions and purposes of this Agreement and the transactions
contemplated hereby.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face=serif>8.7</FONT><FONT face=sans-serif></FONT> <B><U><FONT face=serif>Amendment and
Waiver</FONT></U></B><FONT face=serif>. The parties may, by mutual agreement,
amend this Agreement in any respect, and any party, as to such party, may: (a)
extend the time for the performance of any of the obligations of any other
party; (b) waive any inaccuracies in representations and warranties by any other
party; (c) waive compliance by any other party with any of the agreements
contained herein and performance of any obligations by any other party; and (d)
waive the fulfillment of any condition that is precedent to the performance by
such party of any of its obligations under this Agreement. To be effective, any
such amendment or waiver must be in writing and be signed by the party against
whom enforcement of the same is sought.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face=serif>8.8</FONT><FONT face=sans-serif></FONT> <B><U><FONT face=serif>Counterparts</FONT></U></B><FONT face=serif>. This Agreement may be executed in two or more counterparts, whether
by facsimile or otherwise, each of which shall be deemed an original, but which
together shall constitute one and the same instrument.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face=serif>8.9</FONT><FONT face=sans-serif></FONT> <B><U><FONT face=serif>Enforcement</FONT></U></B><FONT face=serif>. The Company and the Shareholders agree that irreparable damage
would occur in the event that any of the provisions of this Agreement were not
performed in accordance with their specific terms or were otherwise breached by
the Company or by any Shareholder. It is accordingly agreed that Buyer shall be
entitled to an injunction or injunctions to prevent breaches of this Agreement
and to enforce specifically the terms and provisions of this Agreement, this
being in addition to any other remedy to which Buyer is entitled at law or in
equity.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face=serif>8.10</FONT><FONT face=sans-serif></FONT> <B><U><FONT face=serif>Headings</FONT></U></B><FONT face=serif>. The headings preceding the text of the sections and subsections
hereof are inserted solely for convenience of reference, and shall not
constitute a part of this Agreement nor shall they affect its meaning,
construction or effect.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face=serif>8.11</FONT><FONT face=sans-serif></FONT> <B><U><FONT face=serif>Construction</FONT></U></B><FONT face=serif>. The parties acknowledge that each party and its counsel have
reviewed and revised this Agreement and that the normal rule of construction to
the effect that any ambiguities are to be resolved against the drafting party
shall not be employed in the interpretation of this Agreement or any amendments,
schedules or exhibits hereto.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face=serif>8.12</FONT><FONT face=sans-serif></FONT> <B><U><FONT face=serif>Currency</FONT></U></B><FONT face=serif>. Unless expressly set forth to the contrary, all references to
currency contained in this Agreement are to the Euro.</FONT></FONT><FONT face=serif></FONT></P>
<P align=justify><FONT size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face=serif>8.13</FONT><FONT face=sans-serif></FONT> <B><U><FONT face=serif>Severability</FONT></U></B><FONT face=serif>. Any provision hereof that is prohibited or unenforceable in any
jurisdiction shall, as to such jurisdiction, be ineffective to the extent of
such prohibition or</FONT></FONT><FONT face=serif></FONT></P>
<P align=center><FONT face=serif size=1><FONT size=2>44</FONT></FONT></P>
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<PAGE>

<P align=justify><FONT face=serif><FONT size=2>unenforceability without
invalidating the remaining provisions hereof, and any such prohibition or
unenforceability in any jurisdiction shall not invalidate or render
unenforceable such provision in any other jurisdiction. To the extent permitted
by law, each party hereby waives any provision of Law that renders any such
provision prohibited or unenforceable in any respect.</FONT></FONT></P>
<P align=justify><FONT size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face=serif>8.14</FONT><FONT face=sans-serif></FONT> <B><U><FONT face=serif>Enforcement of Certain
Rights</FONT></U></B><FONT face=serif>. Nothing expressed or implied herein is
intended, or shall be construed, to confer upon or give any Person other than
the parties, and their successors or permitted assigns, any right, remedy,
obligation or liability under or by reason of this Agreement, or result in such
Person being deemed a third-party beneficiary hereof.</FONT></FONT><FONT face=serif></FONT></P>
<P align=center><FONT face=serif><FONT size=2>[REMAINDER OF PAGE INTENTIONALLY
LEFT BLANK]</FONT></FONT></P>
<P align=center><FONT size=2></FONT>&nbsp;</P>
<P align=center><FONT size=2></FONT>&nbsp;</P>
<P align=center>&nbsp;</P>
<P align=center><FONT face=serif size=1><FONT size=2>45</FONT></FONT></P>
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<PAGE>
<P align=justify><FONT face=serif size=2>IN WITNESS WHEREOF, the parties hereto
have executed this Agreement as of the day and year first above written.
</FONT></P>
<TABLE cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=bottom>
    <TD noWrap align=left width="59%"  >&nbsp;</TD>
    <TD noWrap align=left width="40%" colSpan=2><B><FONT face=serif size=2>BUYER:</FONT></B>&nbsp; &nbsp; </TD></TR>
  <TR>
    <TD width="59%"  ></TD>
    <TD width="40%" colSpan=2>&nbsp; </TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="59%"  ></TD>
    <TD noWrap align=left width="40%" colSpan=2><B><FONT face=serif size=2>TEMPRESS HOLDINGS B.V.</FONT></B><FONT face=serif size=2>,</FONT>&nbsp; </TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="59%"  ></TD>
    <TD align=left width="40%" colSpan=2><FONT face=serif size=2>a limited
      liability company formed under the<BR>laws of the Netherlands</FONT></TD></TR>
  <TR>
    <TD width="59%"  ></TD>
    <TD width="40%" colSpan=2>&nbsp; </TD></TR>
  <TR>
    <TD width="59%"  ></TD>
    <TD width="40%" colSpan=2>&nbsp; </TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="59%"  ></TD>
    <TD noWrap align=left width="1%"><FONT face=serif size=2>By:<FONT size=3>
      </FONT></FONT></TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=left width="39%"  ><FONT size=2>/s/ Bradley C. Anderson</FONT>&nbsp; </TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="59%"  ></TD>
    <TD noWrap align=left width="1%"></TD>
    <TD noWrap align=left width="39%"  ><FONT face=serif size=2>Name:&nbsp; </FONT><FONT face=serif size=2>Bradley C.
      Anderson</FONT>&nbsp; </TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="59%"  ></TD>
    <TD noWrap align=left width="1%"></TD>
    <TD noWrap align=left width="39%"  ><FONT face=serif size=2>Title:&nbsp; </FONT><FONT face=serif size=2>Chief Financial
      Officer</FONT>&nbsp; </TD></TR>
  <TR>
    <TD width="59%"  ></TD>
    <TD width="40%" colSpan=2>&nbsp; </TD></TR>
  <TR>
    <TD width="59%"  ></TD>
    <TD width="40%" colSpan=2>&nbsp; </TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="59%"  ></TD>
    <TD noWrap align=left width="40%" colSpan=2><B><FONT face=serif size=2>SELLER:</FONT></B>&nbsp; </TD></TR>
  <TR>
    <TD width="59%"  ></TD>
    <TD width="40%" colSpan=2>&nbsp; </TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="59%"  ></TD>
    <TD noWrap align=left width="40%" colSpan=2><B><FONT face=serif size=2>R2D
      INGENIERIE SAS,</FONT></B>&nbsp; </TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="59%"  ></TD>
    <TD align=left width="40%" colSpan=2><FONT face=serif size=2>a
      Montpellier, France simplified joint stock<BR>company</FONT></TD></TR>
  <TR>
    <TD width="59%"  ></TD>
    <TD width="40%" colSpan=2>&nbsp; </TD></TR>
  <TR>
    <TD width="59%"  ></TD>
    <TD width="40%" colSpan=2>&nbsp; </TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="59%"  ></TD>
    <TD noWrap align=left width="1%"><FONT face=serif size=2>By:&nbsp;</FONT>
    </TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=left width="39%"  ><FONT size=2>/s/ Zineb Di Cesare</FONT>&nbsp; </TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="59%"  ></TD>
    <TD noWrap align=left width="1%"></TD>
    <TD noWrap align=left width="39%"  ><FONT size=2>Name:&nbsp;
      <FONT face=serif>Zineb Di Cesare</FONT></FONT>&nbsp; </TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="59%"  ></TD>
    <TD noWrap align=left width="1%"></TD>
    <TD noWrap align=left width="39%"  ><FONT face=serif size=2>Title:&nbsp; President</FONT>&nbsp; </TD></TR>
  <TR>
    <TD width="59%"  ></TD>
    <TD width="40%" colSpan=2>&nbsp; </TD></TR>
  <TR>
    <TD width="59%"  ></TD>
    <TD width="40%" colSpan=2>&nbsp; </TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="59%"  ></TD>
    <TD noWrap align=left width="40%" colSpan=2><B><FONT face=serif size=2>SHAREHOLDERS:</FONT></B>&nbsp; </TD></TR>
  <TR>
    <TD width="59%"  ></TD>
    <TD width="40%" colSpan=2>&nbsp; </TD></TR>
  <TR>
    <TD width="59%"  ></TD>
    <TD width="40%" colSpan=2>&nbsp; </TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="59%"  ></TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=left width="40%" colSpan=2><FONT face=serif size=2>/s/ Robert Di Cesare</FONT>&nbsp; </TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="59%"  ></TD>
    <TD noWrap align=left width="40%" colSpan=2><FONT face=serif size=2>Robert
      Di Cesare</FONT>&nbsp; </TD></TR>
  <TR>
    <TD width="59%"  ></TD>
    <TD width="40%" colSpan=2>&nbsp; </TD></TR>
  <TR>
    <TD width="59%"  ></TD>
    <TD width="40%" colSpan=2>&nbsp; </TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="59%"  ></TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=left width="40%" colSpan=2><FONT face=serif size=2>/s/ Zineb Di Cesare</FONT>&nbsp; </TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="59%"  ></TD>
    <TD noWrap align=left width="40%" colSpan=2><FONT face=serif size=2>Zineb
      Di Cesare</FONT>&nbsp; </TD></TR></TABLE><BR>
<P align=center><I><FONT face=serif size=2></FONT></I>&nbsp;</P>
<P align=center><I><FONT face=serif size=2>[Signature Page]</FONT></I></P>
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<TYPE>EX-99.2
<SEQUENCE>3
<FILENAME>exhibit99-2.htm
<DESCRIPTION>PRESS RELEASE OF AMTECH SYSTEMS, INC., DATED OCTOBER 9, 2007
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<P align=center><B><FONT face=serif><FONT size=2>Exhibit
99.2</FONT></FONT></B><B><FONT face=serif></FONT></B></P>
<P align=center><B><FONT face=serif><FONT size=2>Amtech Acquires Solar
Automation Company</FONT></FONT></B></P>
<P align=center><I><FONT face=serif><FONT size=2>Acquisition of Solar Cell
Automation Technology Part of Strategic Plan to Secure and Expand<BR>Solar
Manufacturing Product Offerings</FONT></FONT></I></P>
<P align=justify><FONT face=serif size=2><B>TEMPE, Ariz. - October 9, 2007 -</B> Amtech Systems, Inc. (NASDAQ:ASYS), a global supplier of
production and automation systems and related supplies for manufacturing solar
cells, semiconductors and wafers, today announced that it has acquired R2D
Ingenierie (R2D), a solar cell and semiconductor automation equipment
manufacturing company located in Montpellier,
France.</FONT></P>
<P align=justify><FONT face=serif><FONT size=2>"R2D's unique manufacturing
automation technology and expertise secures our current solar automation product
offerings and we plan to utilize these capabilities to expand the automation
solutions we can provide to our current and future solar customers," said J.S.
Whang, President and Chief Executive Officer of Amtech. "This acquisition
advances our strategic objective to increase our share of the rapidly growing
solar market and is part of our ongoing effort to truly become a multi-product
provider to solar cell manufacturers. The addition of R2D's business and proven
technology expands our market opportunity by enabling Amtech to offer an
integrated system under our Tempress&#174; brand to the solar
industry."</FONT></FONT></P>
<P align=justify><FONT face=serif><FONT size=2>R2D has provided automation
solutions to the semiconductor industry since 1989 and more recently to Amtech
for its solar customers. Its automation technology products are used in several
of the semiconductor manufacturing steps and in the diffusion processing steps
of solar cell manufacturing. For its fiscal year ended December 31, 2006, R2D
recognized net revenue of approximately $4.9 million and operating income of
approximately $797,000.</FONT></FONT></P>
<P align=justify><FONT face=serif><FONT size=2>Under the terms of the agreement,
Amtech has acquired all the outstanding shares of R2D for a total purchase price
of approximately $6.1 million and has made a working capital infusion of $1.0
million largely for solar business build-up. The purchase price includes
significant contingent payments tied to R2D's successful product improvements,
production and technology transfer. In addition, R2D's key personnel have signed
three-year employment agreements.</FONT></FONT></P>
<P align=justify><FONT face=serif><FONT size=2>Lina Derias, President of R2D,
said, "We are very pleased to become part of the Amtech team, which has
positioned itself as a leader in providing solutions to the solar industry, and
we believe that our automation products can significantly contribute to Amtech's
future solar revenue growth."</FONT></FONT></P>
<P align=justify><B><FONT face=serif><FONT size=2>About Amtech Systems,
Inc.<BR></FONT></FONT></B><FONT face=serif><FONT size=2>Amtech Systems, Inc.
manufactures capital equipment, including silicon wafer handling automation,
thermal semiconductor processing equipment and related consumables used in
fabricating semiconductor devices and solar cells. Semiconductors, or
semiconductor chips, are fabricated on silicon wafer substrates, sliced from
ingots, and are part of the circuitry, or</FONT></FONT></P>
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<P align=justify><FONT face=serif size=2>electronic components, of many products
including computers, telecommunications devices, automotive products, consumer
goods, and industrial automation and control systems. The Company's
semiconductor handling, thermal processing and consumable products currently
address the diffusion, oxidation and deposition steps used in the fabrication of
semiconductors, solar cells, MEMS and the polishing of newly sliced silicon
wafers. </FONT></P>
<P align=justify><B><FONT face=serif size=2>About R2D
Ingenierie<BR></FONT></B><FONT face=serif size=2>R2D Ingenierie SAS manufactures
automation equipment used in the solar cell and semiconductor chip manufacturing
process, including silicon wafers; i.e., mass transfer systems, sorters,
long-boat transfer systems, load station elevators, buffers and conveyers. R2D
uses a unique vacuum technology for its solar wafer transfer systems that
ensures high throughput. </FONT></P>
<P align=justify><FONT face=serif size=2>Statements contained in this press
release that are not historical facts may be forward looking statements within
the meaning of the Private Litigation Reform Act. Such statements may use words
such as "proposed," "anticipate," "believe," "estimate," "expect," "intend,"
"predict," "project" and similar expressions as they relate to Amtech Systems,
Inc. or our management. When we make forward-looking statements, we are basing
them on our management's beliefs and assumptions, using information currently
available to us. Although we believe that the expectations reflected in the
forward looking statements are reasonable, these forward-looking statements are
subject to risks, uncertainties and assumptions including the risks discussed in
our filings with the Securities and Exchange Commission. If one or more of these
risks materialize, or if our underlying assumptions prove to be incorrect,
actual results may vary materially from what we projected. Any forward looking
statements contained in this press release reflect our current views with
respect to future events and are subject to these and other risks, uncertainties
and assumptions relating to our operations, results of operations, growth
strategy and liquidity. We have no intention, and disclaim any obligation, to
update or revise any forward-looking statements, whether as a result of new
information, future results or otherwise. </FONT></P>
<TABLE cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=bottom>
    <TD noWrap align=left width="49%"><B><FONT face=serif size=2>Contacts:</FONT></B>&nbsp; </TD>
    <TD noWrap align=left width="50%">&nbsp;</TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="49%"><FONT face=serif size=2>Amtech Systems,
      Inc.</FONT>&nbsp; </TD>
    <TD noWrap align=left width="50%"><FONT face=serif size=2>MKR Group,
      Inc.</FONT>&nbsp; </TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="49%"><FONT face=serif size=2>Bradley C.
      Anderson</FONT>&nbsp; </TD>
    <TD noWrap align=left width="50%"><FONT face=serif size=2>Investor
      Relations</FONT>&nbsp; </TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="49%"><FONT face=serif size=2>Chief Financial
      Officer</FONT>&nbsp; </TD>
    <TD noWrap align=left width="50%"><FONT face=serif size=2>Todd Kehrli or
      Jim Byers</FONT>&nbsp; </TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="49%"><FONT face=serif size=2>(480)
      967-5146</FONT>&nbsp; </TD>
    <TD noWrap align=left width="50%"><FONT face=serif size=2>(323)
      468-2300</FONT>&nbsp; </TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="49%">&nbsp; </TD>
    <TD noWrap align=left width="50%"><FONT face=serif size=2>asys@mkr-group.com</FONT>&nbsp; </TD></TR></TABLE><BR>&nbsp;<BR>
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