<SUBMISSION>
<ACCESSION-NUMBER>0001047469-02-005559
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>3
<PERIOD>20021125
<ITEMS>5
<ITEMS>7
<FILING-DATE>20021204
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>CENTIV INC
<CIK>0001044167
<ASSIGNED-SIC>5045
<IRS-NUMBER>582033795
<STATE-OF-INCORPORATION>GA
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>8-K
<ACT>34
<FILE-NUMBER>000-23221
<FILM-NUMBER>02848034
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>998 FOREST EDGE DRIVE
<CITY>VERNON HILLS
<STATE>IL
<ZIP>60061
<PHONE>8478768300
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>998 FOREST EDGE DRIVE
<CITY>VERNON HILLS
<STATE>IL
<ZIP>60061
</MAIL-ADDRESS>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>TEKGRAF INC
<DATE-CHANGED>19970808
</FORMER-COMPANY>
</FILER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a2095456z8-k.htm
<DESCRIPTION>8-K
<TEXT>
<HTML>
<HEAD>

</HEAD>
<BODY BGCOLOR="#FFFFFF" LINK=BLUE  VLINK=PURPLE>
<BR>
<FONT SIZE=3 ><A HREF="#02CHI4978_1">QuickLinks</A></FONT>
<font size=3> -- Click here to rapidly navigate through this document</font>

<!-- TOC_END -->
<HR NOSHADE>
<HR NOSHADE>
<P ALIGN="CENTER"><FONT SIZE=5><B>SECURITIES AND EXCHANGE COMMISSION<BR>  </B></FONT><FONT SIZE=2><B>Washington, D.C. 20549  </B></FONT></P>

<HR NOSHADE ALIGN="CENTER" WIDTH="120">
<BR>
<P ALIGN="CENTER"><FONT SIZE=5><B>FORM 8-K  </B></FONT></P>

<P ALIGN="CENTER"><FONT SIZE=3><B>Current Report Pursuant to Section 13 or 15(d)&nbsp;of<BR>
The Securities Exchange Act of 1934  </B></FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2>Date of Report (Date of earliest event reported): </FONT><FONT SIZE=2><B>November&nbsp;25, 2002</B></FONT></P>

<P ALIGN="CENTER"><FONT SIZE=5><B>CENTIV, INC.<BR>  </B></FONT><FONT SIZE=2>(Exact name of registrant as specified in its charter) </FONT></P>

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<TR VALIGN="TOP">
<TD WIDTH="32%" ALIGN="CENTER"><FONT SIZE=2><B>DELAWARE</B></FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="32%" ALIGN="CENTER"><FONT SIZE=2><B>000-23221</B></FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="32%" ALIGN="CENTER"><FONT SIZE=2><B>58-2033795</B></FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="32%" ALIGN="CENTER"><FONT SIZE=2>(State or other jurisdiction of<BR>
incorporation)</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="32%" ALIGN="CENTER"><FONT SIZE=2>(Commission File Number)</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="32%" ALIGN="CENTER"><FONT SIZE=2>(I.R.S. Employer<BR>
Identification No.)</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=5 ALIGN="CENTER"><FONT SIZE=2><BR>
<BR></FONT> <FONT SIZE=2><B>998 Forest Edge Drive, Vernon Hills, Illinois 60061<BR> </B></FONT><FONT SIZE=2>(Address of principal executive offices) (Zip Code)</FONT></TD>
</TR>
</TABLE>
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<P ALIGN="CENTER"><FONT SIZE=2>Registrant's
telephone number, including area code: </FONT><FONT SIZE=2><B>(847) 876-8300</B></FONT></P>

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<TABLE WIDTH="100%" BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR VALIGN="BOTTOM">
<TD WIDTH="100%" ALIGN="CENTER"><HR NOSHADE><FONT SIZE=2> (Former name or former address, if changed since last report.)<BR></FONT>
</TD>
</TR>
</TABLE>
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<HR NOSHADE>
<HR NOSHADE>
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<P><FONT SIZE=2><A
NAME="page_de4978_1_2"> </A> </FONT></P>

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<P><FONT SIZE=2><A
NAME="de4978_item_5._other_items"> </A>
<A NAME="toc_de4978_1"> </A>
<BR></FONT><FONT SIZE=2><B>Item 5.&nbsp;&nbsp;&nbsp;&nbsp;Other Items    <BR>  </B></FONT></P>


<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Effective as of November&nbsp;25, 2002, Centiv,&nbsp;Inc. repurchased 806,983 shares of its common stock from its Chief Executive Officer, William M. Rychel.
The purchase price for these shares was $2.79 per share. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
proceeds of this repurchase were used, in full, by Mr.&nbsp;Rychel to repay a loan outstanding to him from Centiv,&nbsp;Inc. Under the provisions of the newly enacted
Sarbanes-Oxley Act of 2002 this loan, which had a maturity of December&nbsp;1, 2002, was required to be repaid without further extension or other material modification. A copy of the Stock
Redemption Agreement by and between Centiv,&nbsp;Inc. and William M. Rychel is filed as Exhibit 99.2. </FONT></P>

<P><FONT SIZE=2><A
NAME="de4978_item_7._financial_statements_and_exhibits"> </A>
<A NAME="toc_de4978_2"> </A>
<BR></FONT><FONT SIZE=2><B>Item 7.&nbsp;&nbsp;&nbsp;&nbsp;Financial Statements and Exhibits    <BR>  </B></FONT></P>

<UL>
<DL compact>
<DT style='margin-bottom:-11pt;'><FONT SIZE=2>(a)</FONT></DT><DD><FONT SIZE=2>Financial
Statements of Business Acquired. </FONT></DD></DL>

<UL>

<P><FONT SIZE=2>Not
Applicable. </FONT></P>

</UL>
<DL compact>
<DT style='margin-bottom:-11pt;'><FONT SIZE=2>(b)</FONT></DT><DD><FONT SIZE=2>Pro
Forma Financial Information. </FONT></DD></DL>
<UL>

<P><FONT SIZE=2>Not
Applicable. </FONT></P>

</UL>
<DL compact>
<DT style='margin-bottom:-11pt;'><FONT SIZE=2>(c)</FONT></DT><DD><FONT SIZE=2>Exhibits.
<BR><BR></FONT></DD><DT style='margin-bottom:-11pt;'><FONT SIZE=2>99.1</FONT></DT><DD><FONT SIZE=2>Press
release dated November&nbsp;25, 2002 announcing board approval of redemption.
<BR><BR></FONT></DD><DT style='margin-bottom:-11pt;'><FONT SIZE=2>99.2</FONT></DT><DD><FONT SIZE=2>Stock
Redemption Agreement by and between Centiv,&nbsp;Inc. and William M. Rychel dated November&nbsp;25, 2002 </FONT></DD></DL>
</UL>
<P ALIGN="CENTER"><FONT SIZE=2>2</FONT></P>

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<UL>
<UL>
</UL>
</UL>
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<P ALIGN="CENTER"><FONT SIZE=2><A
NAME="page_jc4978_1_3"> </A> </FONT></P>

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<P ALIGN="CENTER"><FONT SIZE=2><A
NAME="jc4978_signature"> </A>
<A NAME="toc_jc4978_1"> </A>
<BR></FONT><FONT SIZE=2><B>SIGNATURE    <BR>  </B></FONT></P>


<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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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<TD WIDTH="39%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=2><FONT SIZE=2>CENTIV, INC.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="39%"><BR><FONT SIZE=2>Date: December&nbsp;4, 2002</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="4%"><FONT SIZE=2><BR>
By:</FONT></TD>
<TD WIDTH="54%"><FONT SIZE=2><BR>
/s/&nbsp;&nbsp;</FONT><FONT SIZE=2>THOMAS M. MASON</FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><HR NOSHADE><FONT SIZE=2> Thomas M. Mason<BR>
Chief Financial Officer</FONT></TD>
</TR>
</TABLE>
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<P ALIGN="CENTER"><FONT SIZE=2>3</FONT></P>

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<BR>
<P><br><A NAME="02CHI4978_1">QuickLinks</A><br></P><!-- TOC_BEGIN -->
<UL>
<FONT SIZE=2><A HREF="#toc_de4978_1">Item 5. Other Items</A></FONT><BR>
<FONT SIZE=2><A HREF="#toc_de4978_2">Item 7. Financial Statements and Exhibits</A></FONT><BR>
</UL>
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<FONT SIZE=2><A HREF="#toc_jc4978_1">SIGNATURE</A></FONT><BR>
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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>3
<FILENAME>a2095456zex-99_1.htm
<DESCRIPTION>EX-99.1
<TEXT>
<HTML>
<HEAD>

</HEAD>
<BODY BGCOLOR="#FFFFFF" LINK=BLUE  VLINK=PURPLE>
<BR>
<FONT SIZE=3 ><A HREF="#02CHI4978_2">QuickLinks</A></FONT>
<font size=3> -- Click here to rapidly navigate through this document</font>
<P ALIGN="RIGHT"><FONT SIZE=2><A
NAME="page_ka4978_1_4"> </A> </FONT></P>

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<P ALIGN="RIGHT"><FONT SIZE=2><A
NAME="ka4978_exhibit_99.1"> </A>
<A NAME="toc_ka4978_1"> </A>
<BR></FONT><FONT SIZE=2><B>Exhibit&nbsp;99.1    <BR>  </B></FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2><B>Centiv to Purchase Stock from Chief Executive Officer  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VERNON HILLS, Ill.&#151;(BUSINESS WIRE)&#151;Nov.&nbsp;25, 2002&#151;Centiv,&nbsp;Inc. (NASDAQ: </FONT> <FONT SIZE=2><I>CNTV&#151;News</I></FONT><FONT SIZE=2>), today announced that its
Board of Directors has approved the purchase by the Company of 806,983 shares of common stock owned by
William M. Rychel, the Company's Chief Executive Officer, at a purchase price of $2.79 per share. The stock being purchased from Mr.&nbsp;Rychel is pledged to the Company as collateral for a loan
made by the Company to Mr.&nbsp;Rychel in 1999 in the original principal amount of $1,775,000. Including accrued interest, the total loan amount is approximately $2.25&nbsp;million. The shares
will be repurchased by the Company concurrently with Mr.&nbsp;Rychel's repayment of the loan in full. Under the provisions of the newly enacted Sarbanes-Oxley Act of 2002 which prohibits loans from
publicly traded companies to officers, this loan must be repaid without further extension or other material modification. The repurchase will be effective on or before December&nbsp;1, 2002. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
loan was originally made to facilitate the elimination of the dual-class capital structure in order to make the Company more attractive to the investment market and for
the benefit of all shareholders. Mr.&nbsp;Rychel did not personally gain from this transaction. After the repurchase, he still maintains a substantial interest as a shareholder with approximately
430,000 common shares and options to purchase 175,000 additional shares of Centiv common stock. The purchase price of $2.79 per share was determined by the Board of Directors, after receiving guidance
from an independent valuation firm as to the intrinsic value of the Company's common stock. The $2.79 per share price sits in the middle of the valuation range provided by our independent valuation
firm. Even though this is a non-cash transaction, the Company will experience a charge in an amount equal to the difference between the $2.79 purchase price and the closing market price of
the Company's common stock on the date of purchase. The Company expects this will result in a non-cash charge of approximately $1.4&nbsp;million in Q4 2002. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;"Mr.&nbsp;Rychel
will not achieve any personal financial gain as a result of the transaction and the Company will experience no net change in cash as the full purchase price for the
repurchased shares will repay the outstanding loan", said Steve Carnevale, Chairman of the Board. "This purchase will benefit the existing shareholders by reducing the number of total outstanding
shares," added Mr.&nbsp;Carnevale. </FONT></P>

<P><FONT SIZE=2>About
Centiv&#153; </FONT></P>

<P><FONT SIZE=2>Centiv,&nbsp;Inc.
(NASDAQ: </FONT><FONT SIZE=2><I>CNTV&#151;News</I></FONT><FONT SIZE=2>), headquartered in Vernon Hills, IL, offers solutions for locally customized POP signage to the
consumer products, food and packaged goods industries. The delivered product is high quality, digitally produced signage that is mass-customized for the unique requirements of each retail
location. Centiv's P.O.P. services are currently used by leading U.S. Corporations. Additional information regarding Centiv,&nbsp;Inc., may be obtained by contacting Centiv headquarters, 998 Forest
Edge Drive, Vernon Hills, IL 60061. Phone 847-876-8300 or fax 847-955-1269, or visit its website: </FONT><FONT SIZE=2><I>http://www.centiv.com  </I></FONT><FONT SIZE=2>for a product demonstration. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This
press release contains statements that constitute forward-looking statements within the meaning of Section&nbsp;27A of the Securities Act of 1933, as amended, and
Section&nbsp;21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this press release and include all statements that are not historical statement
of fact. The words "may", "would", "could", "will", "increase", "expect", "implement", "estimate", "anticipate", "believes", "intends", "plans", and similar expressions and variations thereof are
intended to identify forward-looking statements. Investors are cautioned that such statements are not guarantees of future performance and involve various risks and uncertainties, many of which are
beyond the Company's control. Actual results may differ materially from those discussed in the forward-looking statements as a result of factors described below. These risks include, but are not
limited to, competitive market pressures, material </FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2>4</FONT></P>

<HR NOSHADE>
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<A NAME="page_ka4978_1_5"> </A>
<BR>

<P><FONT SIZE=2>
changes in customer demand, availability of labor, the Company's ability to perform contracts, governmental policies adverse to the computer industry, economic and competitive conditions, and other
risks outside the control of the Company, as well as those factors discussed in detail in the Company's filings with the Securities and Exchange Commission, including "Factors That May Affect Future
Results" section of the Company's Annual Report on Form&nbsp;10-K for the fiscal year ended December&nbsp;31, 2001. </FONT></P>

<P><FONT SIZE=2><I>Contact:</I></FONT></P>

<UL>

<P><FONT SIZE=2>Centiv,&nbsp;Inc.<BR>
Tom Mason&#151;CFO, 847/876-8304<BR>
Email: </FONT><FONT SIZE=2><I>tmason@centiv.com</I></FONT><FONT SIZE=2><BR>
or<BR>
Piedmont Consulting,&nbsp;Inc.<BR>
Keith Fetter, 404/233-6999<BR>
Email: </FONT><FONT SIZE=2><I>keith@piedmont-consulting.net</I></FONT></P>

</UL>
<P ALIGN="CENTER"><FONT SIZE=2>5</FONT></P>

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<BR>
<P><br><A NAME="02CHI4978_2">QuickLinks</A><br></P><!-- TOC_BEGIN -->
<UL>
<FONT SIZE=2><A HREF="#toc_ka4978_1">Exhibit 99.1</A></FONT><BR>
</UL>
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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.2
<SEQUENCE>4
<FILENAME>a2095456zex-99_2.htm
<DESCRIPTION>EX-99.2
<TEXT>
<HTML>
<HEAD>

</HEAD>
<BODY BGCOLOR="#FFFFFF" LINK=BLUE  VLINK=PURPLE>
<BR>
<FONT SIZE=3 ><A HREF="#02CHI4978_3">QuickLinks</A></FONT>
<font size=3> -- Click here to rapidly navigate through this document</font>
<P ALIGN="RIGHT"><FONT SIZE=2><A
NAME="page_kc4978_1_6"> </A> </FONT></P>

<!-- TOC_END -->
<P ALIGN="RIGHT"><FONT SIZE=2><A
NAME="kc4978_exhibit_99.2"> </A>
<A NAME="toc_kc4978_1"> </A>
<BR></FONT><FONT SIZE=2><B>Exhibit&nbsp;99.2    <BR>  </B></FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2><B><U>STOCK REDEMPTION AGREEMENT</U>  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;STOCK REDEMPTION AGREEMENT (the "Agreement") dated November&nbsp;25, 2002, by and between William M. Rychel, ("Rychel"), an individual and Centiv,&nbsp;Inc.,
a Delaware corporation ("CENTIV"). </FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2><B>RECITALS  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.&nbsp;&nbsp;&nbsp;&nbsp;Rychel
currently holds, among others, EIGHT HUNDRED AND SIX THOUSAND, NINE HUNDRED AND EIGHTY THREE (806,983) shares of Common Stock, $0.001 par value of CENTIV ("the
Shares") </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.&nbsp;&nbsp;&nbsp;&nbsp;Rychel
desires to sell to CENTIV, and CENTIV desires to purchase from Rychel, the Shares. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT
SIZE=2><B>NOW</B></FONT><FONT SIZE=2>, </FONT><FONT SIZE=2><B>THEREFORE</B></FONT><FONT SIZE=2>, the parties, intending to be legally bound, agree as follows: </FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2><B>ARTICLE I<BR>
<U>Purchase and Sale of Shares</U>  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;1.1. </FONT><FONT SIZE=2><I>Purchase and Sale of Redeemed Shares</I></FONT><FONT SIZE=2>. Subject to the terms and conditions of this Agreement,
on such other date as agreed upon by CENTIV and Rychel (the "Closing Date"), Rychel shall sell to the CENTIV and the CENTIV shall purchase and redeem from Rychel the Shares. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;1.2.
</FONT><FONT SIZE=2><I>Redemption Price</I></FONT><FONT SIZE=2>. The redemption price for the Shares shall be, pursuant to the resolution of CENTIV's Board of
Directors dated November&nbsp;22, 2002, TWO DOLLARS AND SEVENTY-NINE CENTS ($2.79) per share which equals an aggregate amount (principal and interest) for the Shares of TWO MILLION, TWO
HUNDRED AND FIFTY ONE THOUSAND, TWO HUNDRED AND THIRTY-ONE DOLLARS and FORTY CENTS, ($2,251,482.57) (the "Redemption Price"). The Redemption Price shall be paid pursuant to the terms set
forth below. </FONT></P>

<UL>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;Upon
delivery of any necessary stock power(s), in accordance with Section&nbsp;1.4, CENTIV shall deliver the Redemption Price to Rychel. Payment of the Redemption
Price by CENTIV to Rychel shall constitute full payment for the Shares and, effective upon such payment, Rychel hereby waives any and all claims that he may have against CENTIV incidental to his
ownership of the Shares. </FONT></P>

</UL>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;1.3.
</FONT><FONT SIZE=2><I>Closing</I></FONT><FONT SIZE=2>. The closing of the sale (the "Closing") of the Shares shall take place at CENTIV's executive offices, on the
Closing Date, or on such other date and place as the parties may agree. </FONT></P>


<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;1.4. </FONT> <FONT SIZE=2><I>Transfer of Shares</I></FONT><FONT SIZE=2>. At the Closing, Rychel shall deliver or cause to be delivered to CENTIV, duly executed blank stock
powers, to transfer the Shares free and clear of any liens, charges and encumbrances. </FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2><B>ARTICLE II.<BR>
<U>Representations and Warranties</U>  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;2.1. </FONT><FONT SIZE=2><I>CENTIV's Representations and Warranties</I></FONT><FONT SIZE=2>. As an inducement to Rychel to enter into this
Agreement, CENTIV represents and warrants that the following are true and correct as of the date first written above, and CENTIV acknowledges that Rychel is relying on such representations and
warranties in connection with the transactions contemplated by this Agreement. </FONT></P>

<UL>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;CENTIV
is a duly organized, validly existing Delaware corporation and is in good standing and has filed all documents to maintain such status. </FONT></P>

</UL>
<P ALIGN="CENTER"><FONT SIZE=2>6</FONT></P>

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<UL>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;CENTIV
has all requisite corporate power and authority, and has taken all corporate action necessary, to execute and deliver this Agreement, to consummate the
transactions contemplated hereby and to perform its obligations under this Agreement. The execution and delivery of this Agreement by CENTIV and the consummation of the transactions contemplated by
this Agreement have been duly approved by the Board of Directors of CENTIV. No other corporate proceedings on the part of CENTIV are necessary to authorize this Agreement, or the other agreements,
instruments, certificates and documents to be delivered by CENTIV hereunder or the consummation of the transactions contemplated hereby or thereby. </FONT></P>


<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;Subject
to the receipt of consent from CENTIV's preferred stockholders, neither the execution and delivery of this Agreement or of any other agreements or instruments
required by CENTIV under the terms hereof, nor the performance of or compliance by CENTIV with any of the respective terms and provisions of this Agreement or of such other agreements or instruments
conflicts with, or will result in the breach of, the provisions, terms, or conditions of the Articles of Incorporation or Bylaws of CENTIV. </FONT></P>

</UL>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;2.2.
</FONT><FONT SIZE=2><I>Rychel's Representations and Warranties</I></FONT><FONT SIZE=2>. As an inducement to CENTIV to enter into this Agreement, Rychel hereby
represents and warrants that the following are true and correct as of the date first written above, and acknowledges that CENTIV is relying on such representations and warranties in connection with
the transactions contemplated by this Agreement. </FONT></P>

<UL>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;Rychel
is the owner of the Shares free and clear of all liens, claims and encumbrances of any nature whatsoever other than CENTIV's security interest in the Shares. All
requirements for transfer of the Shares imposed by law have been satisfied and Rychel has the right to sell and transfer the Shares. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;All
actions by Rychel required to enter into and execute, deliver and perform this Agreement, and to consummate the transactions herein, have been taken. Rychel has full
power, authority and legal right to enter into this Agreement and any other agreements required to be entered into by him under the terms hereof and to consummate the transactions and perform the
obligations contemplated hereby and thereby. Upon execution and delivery of this Agreement and of any other agreements required of Rychel hereunder, each will constitute the legal, valid and binding
obligation of Rychel, enforceable against him in accordance with its terms except as his obligations hereunder and thereunder may be limited by the availability of equitable remedies, by public policy
or by bankruptcy, insolvency or other laws affecting the enforcement of creditor's rights. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;Neither
the execution and delivery of this Agreement nor of any other agreements or instruments required of Rychel by the terms hereof, nor the performance of or
compliance by Rychel with any of
the respective terms and provisions of this Agreement or of such other agreements or instruments conflicts with or will conflict with, or will result in the breach of the provisions of, any of the
terms, conditions or provisions of any mortgage, bond, debenture, note, indenture, loan or credit agreement, contract, lease, instrument or any other agreement or restriction to which Rychel is a
party or by which he is bound, or constitutes a default thereunder or gives rise to any right of termination by any party or violates any judgment, order, injunction, decree or award of any court,
administrative agency or governmental body by which Rychel is bound or subject, or contravenes any law, rule or regulation binding on him. </FONT></P>

</UL>
<P ALIGN="CENTER"><FONT SIZE=2><B>ARTICLE III.<BR>
Indemnification  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;3.1. </FONT><FONT SIZE=2><I>Survival of Representations and Warranties</I></FONT><FONT SIZE=2>. All representations, warranties and agreements
made by either party in this Agreement, or in any certificate or other instrument delivered by or on behalf of either party hereto, shall survive the Closing for a period of one (1)&nbsp;year. </FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2>7</FONT></P>

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<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;3.2. </FONT> <FONT SIZE=2><I>Indemnification</I></FONT><FONT SIZE=2>. From and after the Closing, Rychel and CENTIV shall each indemnify and hold the other harmless from
and against all losses, liabilities and expenses (including reasonable attorney's fees and other costs) that may be suffered or incurred by the other on account of the breach of or inaccuracy in any
representation, warranty or covenant made by them herein. </FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2><B>ARTICLE IV.<BR>
<U>Miscellaneous</U>  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;4.1. </FONT><FONT SIZE=2><I>Assignment</I></FONT><FONT SIZE=2>. This Agreement shall not be assignable by any party except with the prior express
written consent of the other party, which shall be in the sole discretion of the other party to grant or withhold. Consent to one assignment shall not be construed as consent to any subsequent
assignment. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;4.2.
</FONT><FONT SIZE=2><I>Benefit</I></FONT><FONT SIZE=2>. All the terms of this Agreement shall be binding upon and inure to the benefit of, and be enforceable by the
respective heirs, successors and permitted assignees of, the parties hereto. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;4.3.
</FONT><FONT SIZE=2><I>Entire Agreement</I></FONT><FONT SIZE=2>. This Agreement and any documents furnished and instruments executed pursuant hereto constitute the
entire agreement between the parties hereto with respect to the subject matter hereof and supersede all prior written or oral representations and agreement between the parties. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;4.4.
</FONT><FONT SIZE=2><I>Notices</I></FONT><FONT SIZE=2>. All notices, requests, demands, and other communications hereunder shall be in writing and shall be deemed to
have been duly given if delivered personally, or if sent by Federal Express or any other comparable courier services, or if sent by certified mail, return receipt requested to the following: </FONT></P>


<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
to Rychel: </FONT></P>

<UL>
<UL>
<UL>

<P><FONT SIZE=2>William
M. Rychel<BR>
2665 Oak Street<BR>
Highland Park, Illinois 60035 </FONT></P>

</UL>
</UL>
</UL>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
to CENTIV: </FONT></P>

<UL>
<UL>
<UL>

<P><FONT SIZE=2>Centiv&nbsp;Inc.<BR>
Attention: Chief Financial Officer<BR>
998 Forest Edge Drive<BR>
Vernon Hills, Illinois 60061 </FONT></P>

</UL>
</UL>
</UL>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;4.5.
</FONT><FONT SIZE=2><I>Expenses</I></FONT><FONT SIZE=2>. Each party hereto shall pay his or its own expenses incident to this Agreement and the consummation of the
transaction herein described. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;4.6. </FONT> <FONT SIZE=2><I>Further Assurances</I></FONT><FONT SIZE=2>. At and after Closing, if any further reasonable action is necessary to carry out the purposes of
this Agreement, each of the parties hereto shall take all such reasonable action without any further consideration. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;4.7.
</FONT><FONT SIZE=2><I>Waiver</I></FONT><FONT SIZE=2>. Any term or condition of this Agreement may be waived at any time by the party or parties entitled to the
benefit thereof, but only by a written notice signed by the party or parties waiving such terms or conditions. The waiver of any term or condition shall not be construed as a waiver of any other term
or condition of this Agreement. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;4.8. </FONT> <FONT SIZE=2><I>Amendment</I></FONT><FONT SIZE=2>. This Agreement may be amended, supplemented, or modified at any time, but only by a written instrument duly
executed by Rychel and by CENTIV. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;4.9.
</FONT><FONT SIZE=2><I>Best Efforts</I></FONT><FONT SIZE=2>. Each party hereto covenants and agrees to use its best and most diligent efforts to cause all of its
covenants and agreements and all conditions precedent to the other party's obligations to close hereunder to be performed, satisfied and fulfilled. </FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2>8</FONT></P>

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<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;4.10.
</FONT><FONT SIZE=2><I>Construction</I></FONT><FONT SIZE=2>. This Agreement is being delivered and is intended to be performed in the State of Illinois, and shall
be construed and enforced in accordance with the laws of the State of Illinois. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;4.11.
</FONT><FONT SIZE=2><I>Counterparts</I></FONT><FONT SIZE=2>. This Agreement may be executed in counterparts, each of which shall be deemed an original, but all of
which together shall constitute one and the same instrument. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;4.12. </FONT> <FONT SIZE=2><I>Partial Invalidity</I></FONT><FONT SIZE=2>. In the event that any term or provision of this Agreement is rendered invalid or unenforceable by
any valid act of Congress or the state legislature, or by any regulation duly promulgated by officers of the United States or the State of Illinois acting in accordance with law, or declared null and
void or unenforceable by any court of competent jurisdiction, the remaining terms and provisions of this Agreement shall remain in full force and effect. </FONT></P>


<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT
SIZE=2><B>IN WITNESS WHEREOF</B></FONT><FONT SIZE=2>, the parties hereto have executed this Agreement as of the day and year first written above. </FONT></P>

<P><FONT SIZE=2><B>RYCHEL:  </B></FONT></P>

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<TR VALIGN="BOTTOM">
<TD WIDTH="49%"><FONT SIZE=2>/s/ WILLIAM M. RYCHEL</FONT><HR NOSHADE><FONT SIZE=2> William M. Rychel</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="49%"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD WIDTH="49%"><BR><FONT SIZE=2><B>Centiv,&nbsp;Inc.:</B></FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="49%"><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD WIDTH="49%"><FONT SIZE=2><BR>
/s/ THOMAS M. MASON</FONT><HR NOSHADE><FONT SIZE=2> By: Thomas M. Mason<BR>
Its: Chief Financial Officer</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="49%"><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
</TR>
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<P ALIGN="CENTER"><FONT SIZE=2>9</FONT></P>

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