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Stock Purchase Agreement - TMC Holding Corp. and Broadway & Seymour Inc.

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                            STOCK PURCHASE AGREEMENT


                                     AMONG

                        TMC HOLDING CORPORATION (BUYER)


                                      AND

                       BROADWAY & SEYMOUR, INC. (SELLER)





                                 MARCH 5, 1999
<PAGE>   2

                            STOCK PURCHASE AGREEMENT

           THIS STOCK PURCHASE AGREEMENT (the "Agreement"), dated as of March
5, 1999 (the "Effective Date"), is by and between Broadway & Seymour, Inc., a
Delaware corporation (the "Seller"); and TMC Holding Corporation, a Maryland
corporation (the "Buyer").

                              BACKGROUND STATEMENT

           The Seller owns all of the outstanding capital stock (the "Shares")
of The Minicomputer Company of Maryland, Inc., a North Carolina company (the
"Company"). The Buyer desires to purchase from the Seller, and the Seller
desires to sell to the Buyer, the Shares in return for cash and a note (the
"Transaction"). Based upon and subject to the representations and warranties
made by each of the Buyer and the Seller to the other in this Agreement, and in
those agreements attached hereto and referenced herein, and subject to the
respective conditions set forth in this Agreement, the parties have agreed to
consummate the Transaction on the terms contained herein.

                             STATEMENT OF AGREEMENT

           In consideration of the premises and the mutual covenants herein
contained, the parties hereto agree as follows:

                                   ARTICLE I
                             PURCHASE OF THE SHARES

           1.1    PURCHASE AND SALE. On and subject to the terms and conditions
of this Agreement and for the consideration specified below, the Buyer agrees
to purchase from the Seller, and the Seller agrees to sell to the Buyer, the
Shares, representing in the aggregate all of the outstanding capital stock of
the Company.

          1.2     PURCHASE PRICE. The Buyer agrees to pay the Seller $350,000
(the "Purchase Price") for the Shares. The Buyer will pay Seller $80,000 of the
Purchase Price by wire transfer or delivery of immediately available funds on
the Closing Date (the "Closing Payment"). The Buyer will give Seller a
Promissory Note, in the form attached hereto as EXHIBIT 1.2, for $270,000 (the
balance of the Purchase Price) payable at an annual rate of interest of ten
(10%) in accordance with the payment schedule attached to and made part of the
Promissory Note.
<PAGE>   3

                                   ARTICLE II
                                  THE CLOSING

           2.1    CLOSING DATE. Subject to fulfillment of the conditions
herein, on March 5, 1999, or an earlier date acceptable to Buyer and Seller
(the "Closing Date"), the closing of the Transaction (the "Closing") shall take
place at the offices of the Seller in Charlotte, North Carolina, commencing at
10:00 a.m. on the Closing Date.

           2.2    DELIVERIES BY SELLER AT CLOSING. At the Closing the Seller
will deliver the following items to Buyer (except as otherwise set forth
below):

         a)    the prepayments received by the Company for services to be
               performed and products to be delivered by the Company after the
               Closing Date as calculated pursuant to SECTION 2.4 below in cash
               (the "Prepayments");

         b)    a stock certificate representing all of the Shares (to be
               delivered to the escrow agent as provided in the Stock Pledge
               Agreement to be executed by the parties as set forth in SECTION
               2.3(C));

         c)   an executed Termination and Release Agreement in the form of
              EXHIBIT 2.3(C) by which Seller agrees to pay Johnson $50,000
              eight (8) days following the Closing Date (the "Release
              Payment").

           2.3    DELIVERIES BY BUYER AT CLOSING. At the Closing the Buyer will
deliver the following items:

         a)   the Closing Payment by wire transfer or by delivery in
              immediately available funds; provided, however, that the Buyer
              may elect to offset the Closing Payment against the Prepayments
              upon notice to the Seller prior to the Closing Date;

         b)   a promissory note for the amount of $270,000 in the form attached
              hereto as EXHIBIT 1.2;

         c)   a stock pledge agreement, in the form attached hereto as EXHIBIT
              2.3(C) (the "Stock Pledge Agreement"), granting a security
              interest in the Shares, and pledging the Shares to, Seller to
              secure the amount of the Purchase Price not paid at Closing;

         d)   an executed Termination and Release and Settlement Agreement,
              in the form attached hereto as EXHIBIT 2.3(D), duly executed by
              Johnson releasing the Seller from any and all claims under the
              Employment Agreement, dated June 9, 1995, as amended, between
              Seller and Johnson, in consideration of the Release Payment;



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<PAGE>   4

         e)   the Cooperation and Non-Compete Agreement, in the form attached
              hereto as EXHIBIT 2.3(E), duly executed by Buyer and the
              following individuals: Johnson, Bob Moore, Mike Stone, Marlene
              Abramson and Kelly Long;

         f)   an assignment assigning the lease by and between Seller/Company
              and Hill Management Services, Inc. (the "Landlord"), dated
              February 5, 1994, as amended, for the premises occupied by the
              Company (the "Lease") to the Company, which assignment (the
              "Assignment") shall have been executed by the Landlord and
              pursuant to which the Landlord shall have released the Seller
              from liability thereunder.

         g)   the various certificates, instruments, agreements and other
              documents required from the Buyer hereunder.

           2.4    PREPAYMENTS. The Prepayments will be calculated as follows:
the sum of (i) five-sixths (5/6) of the maintenance revenues for calendar year
1999 payable on an annual basis collected as of the February 28, 1999, (ii) one
third (1/3) of the maintenance revenues for calendar year 1999 payable on a
quarterly basis collected as of February 28, 1999; and (iii) one third (1/3) of
the maintenance fees for the Universe Database Software payable for the year
running from July 1, 1998 to June 30, 1999 collected as of February 28, 1999. A
calculation of the Prepayments based on the preliminary February 28, 1999,
balance sheet for the Company is attached hereto as EXHIBIT 2.4. The
Prepayments paid on the Closing Date will be the amount set forth in EXHIBIT
2.4; provided, however, that the amount of the Prepayments will be adjusted
within thirty (30) days of the Closing Date, as necessary, based on the final
February 28, 1999 balance sheet for the Company and the amount of any
adjustment will be returned to Seller by Buyer or paid by Seller to Buyer as
appropriate within such time.

                                  ARTICLE III

                  REPRESENTATIONS AND WARRANTIES OF THE SELLER

           The Seller represents and warrants to the Buyer that the statements
contained in this ARTICLE III are correct as of the date of this Agreement
(except as expressly set forth below), and they will take no action to render
them incorrect as of the Closing Date.

           3.1    THE SHARES. The Seller holds of record and owns beneficially
the Shares, which Shares shall be, within thirty (30) days following the
Closing Date, free and clear of any restrictions on transfer (other than any
restrictions under federal and state securities laws), taxes, security
interests, options, warrants, purchase rights, contracts, commitments,
equities, claims, and demands.

           3.2    ORGANIZATION AND STANDING OF THE COMPANY. The Company is a
corporation duly organized, validly existing and in good standing under the
laws of the state of North Carolina.



                                       3
<PAGE>   5

           3.3    CAPITAL STOCK OF THE COMPANY. As of the date hereof, 100
shares of capital stock of the Company are outstanding. All outstanding shares
of capital stock of the Company are duly authorized, validly issued and
outstanding and fully paid and nonassessable. There are no outstanding, and at
Closing there will be no outstanding, warrants, options, agreements,
convertible or exchangeable securities or other commitments pursuant to which
the Company is or may become obligated to issue, sell, purchase or redeem any
shares of capital stock or other securities of the Company, and there are not
any equity securities of the Company reserved for issuance for any purpose.

           3.4    TAXES AND TAX RETURNS.

           (a)    All tax returns that are required to be filed (taking into
account all extensions) on or before the Closing Date for the Company relating
to the income of the Company and those which include or should include the
Company (whether on a separate, consolidated, combined or any other basis) have
been or will be filed with the appropriate federal or state authorities on or
before the Closing Date, and all taxes shown to be due and payable on such tax
returns have been or will be paid in full on or before the Closing Date;

           (b)    To the knowledge of the Seller, all tax returns referred to
in Section 3.4(a) above and the information and data contained therein fairly
present or will fairly present, in all material respects, the information
purported to be shown therein, and reflect or will reflect all liabilities for
taxes for the periods covered by such tax returns; and

           (c)    To the knowledge of the Seller, none of such tax returns are
now under audit or examination by any governmental authority, and there are no
agreements, waivers or other arrangements providing for an extension of time
with respect of the assessment or collection of any tax or deficiency of any
nature against the Company or with respect to any such tax return, and no
proceedings or claims now pending or threatened against the Company with
respect to any tax.

           3.5    OTHER LIABILITIES. Within thirty (30) days after the Closing
Date, Seller shall cause that certain Loan Agreement by and among Seller, the
Company and other affiliates of Seller and Fleet National Bank ("Fleet"), dated
July 23, 1997 (the "Loan Agreement"), and the following related documents of
even date therewith (i) the Security Agreement between Fleet and the Company,
and (ii) the Conditional Assignment of Trademark between the Company and Fleet,
to be amended and terminated, as the context requires, to relieve the Company
of liability thereunder. As of the date thirty (30) days following the Closing
Date, there shall be no liabilities, liens, or encumbrances that affect the
Company or its assets arising under or relating to any agreement entered on the
Company's behalf by the Seller.



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<PAGE>   6

                                 ARTICLE III-A

                              COVENANTS OF SELLER

           3A.1.  CORPORATE INCOME TAXES FOR 1999. Seller will in its federal
and state income tax returns for 1999 report taxable income for the Company for
the period of January 1, 1999 through February 28, 1999, and pay any income
taxes thereon.

                                   ARTICLE IV

                    REPRESENTATIONS AND WARRANTIES OF BUYER

           The Buyer represents and warrants to the Company and the Seller as
follows:

           4.1    NO VIOLATION. This Agreement has been duly and validly
authorized by the Buyer; neither the execution, delivery or performance of this
Agreement by the Buyer nor the operation of the Company's business by the Buyer
will violate any applicable legal requirement; and the Buyer has the power and
authority, and all necessary consents and approvals, to execute and deliver
this Agreement and to consummate the Transaction.

           4.2    BROKERS' FEES. The Buyer has no liability or obligation to
pay any fees or commissions to any broker, finder, or agent with respect to the
Transaction contemplated by this Agreement for which the Seller could become
liable or obligated.

           4.3    INVESTMENT INTENT. The Buyer is not acquiring the Shares with
a view to or for sale in connection with any distribution thereof within the
meaning of the Securities Act of 1933, as amended.

                                   ARTICLE V

                               COVENANTS OF BUYER

           5.1    CONFIDENTIALITY. The Buyer (a) will hold, and cause its
lenders, accountants, representatives, agents, consultants and advisors to
hold, in strict confidence, all information, other than such information as may
be or become (other than as a result of the violation of this Agreement by the
Buyer) publicly available, furnished to the Buyer in connection with the
Transaction as well as all information concerning the Company contained in any
analyses, compilations, studies or other documents prepared by or on behalf of
Buyer (collectively, the "Information"); and (b) will not, without the prior
written consent of the Sellers, except as required by law, release or disclose
any Information to any other person, except to the Buyer's employees, lenders,
accountants, representatives, agents, consultants and advisors who need to know
the Information in connection with the consummation of the Transaction, who are



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<PAGE>   7

informed by the Buyer of the confidential nature of the Information and who are
instructed, and agree, to comply with the terms and conditions of this SECTION
5.1.

           5.2    COOPERATION AND ACCESS TO RECORDS. Following the Closing, the
Buyer will, upon reasonable advance notice from Seller, make the Company's
books and records available for inspection by Seller, including Seller's
accountants, auditors and attorneys, and cooperate with and assist Seller in
such inspection, for the purpose of an audit of Seller or for Seller's use in
preparing tax returns for the periods through and including the Closing Date or
in responding to any audit(s) for such periods by any federal or state tax
authority.

           5.3    RETURN OF EQUIPMENT. Within ten (10) days of the Closing
Date, the Buyer shall return to Seller at Seller's Charlotte, North Carolina
offices those items of equipment listed in EXHIBIT 5.3 hereto.

                                   ARTICLE VI
                                MUTUAL COVENANTS

           6.1    CONSUMMATION OF AGREEMENT. The Seller and the Buyer will each
use its best efforts to achieve the fulfillment of all conditions to each
party's obligations to closing hereunder so that the Transaction shall be
consummated. Except for events that are the subject of specific provisions of
this Agreement, if any event should occur that would materially delay or
prevent fulfillment of the conditions upon the obligations of any party hereto
to consummate the Transaction, that party will notify the other of any such
event and the parties will use their respective reasonable, diligent and good
faith efforts to cure or minimize the same as expeditiously as possible.

           6.2    SECTION 338(H)(10) ELECTION. The Seller and Buyer shall
jointly make an election under Section 338(h)(10) of the Internal Revenue Code,
and any applicable analogous provision of any state law, for treatment of the
transactions contemplated by this Agreement. A schedule showing the allocation
of the purchase price, which has been agreed upon by the parties, and which is
based on the preliminary February 28, 1999, balance sheet for the Company, is
attached hereto as EXHIBIT 6.2. Within thirty (30) days after the Closing Date
the Seller shall prepare and deliver to Buyer a proposed modified purchase
price allocation schedule using the final February 28, 1999, balance sheet for
the Company, for Buyer's approval, which approval shall not be unreasonably
withheld or delayed. This modified schedule shall be adopted by the parties in
the preparation of the federal, and, if appropriate, state income tax returns.
The parties will do such other things necessary, including, but not limited to,
making all necessary filings with tax authorities, to accomplish the purposes
of this SECTION 6.2.



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<PAGE>   8

                                  ARTICLE VII

                               CLOSING CONDITIONS

           7.1    CONDITION TO EACH PARTY'S OBLIGATIONS TO EFFECT THE
TRANSACTION. The respective obligations of each party to effect the
transactions contemplated hereby shall be subject to the following conditions:

           (a)    No party shall be subject on the Closing Date to any order,
decree or injunction of a court of competent jurisdiction that enjoins or
prohibits the consummation of this Agreement, nor shall there be pending a suit
or proceeding by any governmental authority that seeks injunctive or other
relief in connection with the Transaction.

           (b)    Any required approvals by governmental authorities of the
Transaction, including any approvals required under permit(s) held by Company,
shall have been provided; provided, however, the Buyer hereby agrees to use its
best efforts to obtain all such required approvals as soon as is reasonably
possible (the Seller hereby agreeing to provide any reasonable cooperation that
the Buyer may request, provided the Seller is not required to incur any
liability or obligation, or substantial expense).

           7.2    CONDITIONS TO THE OBLIGATIONS OF THE SELLER TO EFFECT THE
TRANSACTION. The obligations of the Seller to effect the Transaction shall be
further subject to the fulfillment of the following conditions, any one or more
of which may be waived by the Seller:

           (a)    All representations and warranties of the Buyer contained in
this Agreement shall be true and correct in all material respects as of such
Closing Date as though made as of such date. The Buyer shall have performed and
complied in all material respects with all covenants and agreements contained
in this Agreement required to be performed and complied with by it at or prior
to the Closing Date.

           (b)    All documents required hereunder to have been delivered by
the Buyer to the Seller, at or prior to the Closing Date, as well as the
Closing Payment, shall have been delivered to the Seller.

           7.3    CONDITIONS TO THE OBLIGATIONS OF BUYER TO EFFECT THE
TRANSACTIONS CONTEMPLATED HEREBY. The obligations of the Buyer to effect the
transactions contemplated hereby shall be further subject to the fulfillment of
the following conditions, any one or more of which may be waived by the Buyer:

           (a)    All representations and warranties of the Seller contained in
this Agreement shall be true and correct in all material respects as of the
Closing Date as though made as of such date. The Seller shall have performed
and complied in all material respects with all covenants and agreements
contained in this Agreement required to be performed and complied with by it at
or prior to the Closing Date.



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<PAGE>   9

           (b)    All documents, if any, required hereunder to have been
delivered by the Seller to the Buyer, at or prior to the Closing Date, as well
as the Prepayments, shall have been delivered.

                                  ARTICLE VIII

                                  TERMINATION

         8.1      TERMINATION. The obligations of the parties hereunder may be
terminated and the transactions contemplated hereby abandoned at any time prior
to the Closing Date:

         (a)      by mutual written consent of the Seller and the Buyer;

         (b)      by either the Seller or the Buyer, if there shall be any law
or regulation that hereafter becomes effective that makes consummation of this
Agreement illegal or otherwise prohibited or if any judgment, injunction, order
or decree permanently enjoining the Buyer or the Seller from consummating this
Agreement is entered and such judgment, injunction, order or decree shall
become final and non-appealable;

         (c)      by either the Buyer or the Seller, if the conditions to their
respective obligations to effect the Transaction shall not have been fulfilled
or waived by the Closing Date and if the party seeking termination is in
material compliance with all of its obligations under this Agreement; and

         (d)      by either the Buyer or the Seller, if a condition of its
obligation to effect the Transaction shall have become incapable of fulfillment
(notwithstanding the efforts of the party seeking to terminate as set forth in
SECTION 6.1) and shall not have been waived.

         (e)      By either the Buyer or the Seller, if there shall be any
material misrepresentation or breach of warranty by the other party or any
failure by the other party to perform one or more of its other obligations
under this Agreement which are performable on or prior to the Closing Date.

         8.2      PROCEDURE AND EFFECT OF TERMINATION OR FAILURE TO CLOSE.

         (a)      In the event of a termination contemplated hereby by any
party pursuant to SECTION 8.1, prompt written notice thereof shall be given to
the other party, and the Transaction shall be abandoned, without further action
by the parties hereto. In such event:

                  (i)      The Buyer shall return to the Seller all documents
                           and other material received from or on behalf of the
                           Seller or the Company, whether obtained before or
                           after the execution hereof;

                  (ii)     All filings, applications and other submissions
                           relating to the Transaction shall, to the extent
                           practicable, be withdrawn from the agency or other
                           person to which made; and



                                       8
<PAGE>   10

                  (iii)    None of the parties hereto nor any of their
                           partners, directors, officers, shareholders,
                           employees, agents, or affiliates shall have any
                           further obligation to the other party or any of its
                           partners, directors, officers, shareholders,
                           employees, agents, or affiliates pursuant to this
                           Agreement, except (A) as stated in SECTIONS 5.1
                           (relating to confidentiality) and 11.1 (expenses)
                           hereof and (B) the Buyer and the Seller shall
                           nevertheless be entitled to seek any remedy to which
                           it or they may be entitled at law or in equity for
                           the material violation or breach by any other party
                           of any agreement, covenant, representation or
                           warranty contained in this Agreement.

                                   ARTICLE IX

                        SELLER'S AGREEMENT TO INDEMNIFY

         9.1      SELLERS' AGREEMENT TO INDEMNIFY.

         (a)      INDEMNIFICATION. Subject to the limitations, conditions and
provisions set forth herein, the Seller agrees, effective upon the Closing, to
indemnify, defend and hold harmless the Buyer, the Company, and its officers,
directors, agents, and representatives from and against all demands, claims,
actions, losses, damages, liabilities, costs and expenses, including without
limitation, reasonable attorney's fees, asserted against or incurred by them
resulting from a breach of the representation and warranty of the Seller
contained in ARTICLE 3 and the convenants contained in ARTICLE 3A of this
Agreement (collectively, "Buyer's Damages").

         (b)      LIMITATION OF LIABILITY. The Seller's obligation to indemnify
Buyer pursuant to this SECTION 9.1 shall be subject to all of the following
limitations:

                  (i)      The Seller shall be obligated to indemnify the Buyer
                           pursuant to SECTION 9.1(A) only for those Buyer's
                           Damages as to which the Buyer has given the Seller
                           written notice within 48 months after the Closing
                           Date. Any written notice delivered by the Buyer to
                           the Seller pursuant to this Section shall set forth
                           with specificity the basis of the claim for Buyer's
                           Damages and an estimate of the amount thereof.

                  (ii)     Notwithstanding anything to the contrary contained
                           in this Agreement, the Seller's total liability to
                           the Buyer arising under this Section or otherwise
                           out of the transactions contemplated herein shall be
                           limited to the amount of the Purchase Price paid as
                           of the date of claim hereunder.

         (c)      CONDITIONS OF INDEMNIFICATION. The obligations and
liabilities of the Seller under SECTION 9.1 hereof with respect to claims for
Buyer's Damages resulting from the assertion of liability by third parties
including, without limitation, governmental entities, ("Buyer's



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<PAGE>   11

Claims") shall be subject to the condition that within ten days after receiving
notice thereof, the Buyer will give the Seller notice of any Buyer's Claims
asserted against or incurred by the Buyer, and the Seller may undertake the
defense thereof by counsel of its own choosing and further that Buyer comply,
and have complied, in all respects with SECTION 5.2 hereof. The Buyer may, by
counsel, participate in such proceedings, negotiations or defense, at its own
expense, but the Seller shall retain control over such litigation. In all such
cases, the Buyer will give reasonable assistance to the Seller, including
making employees available without charge as reasonably requested.

                                   ARTICLE X

                         BUYER'S AGREEMENT TO INDEMNIFY

         10.1     BUYER'S AGREEMENT TO INDEMNIFY.

         (a)      INDEMNIFICATION. Subject to the conditions and provisions set
forth herein, the Buyer hereby agrees, effective upon the Closing, to
indemnify, defend and hold the Seller harmless from and against all demands,
claims, actions, losses, damages, liabilities, costs and expenses, including,
without limitation, reasonable attorney's fees, asserted against or incurred by
the Seller which (i) results from a breach of any covenant, agreement,
representation or warranty of Buyer contained in this Agreement, (ii) arises
under or relates to the Lease or (iii) relates to the Company, including, but
not limited to, claims by customers or suppliers of the Company (collectively
the "Seller's Damages").

         (b)      LIMITATION OF LIABILITY. The Buyer's obligation to indemnify
the Seller pursuant to this SECTION 10.1 shall be subject to the following
limitations:

                  (i)      Except with respect to ARTICLE XI below, the Buyer
                           shall be obligated to indemnify the Seller pursuant
                           to SECTION 10.1(A) only for those Seller's Damages
                           as to which the Seller have given the Buyer written
                           notice within 48 months after the Closing Date. Any
                           written notice delivered by the Seller to the Buyer
                           pursuant to this Section shall set forth with
                           specificity the basis of the claim for the Seller's
                           Damages and an estimate of the amount thereof.

         (c)      CONDITIONS OF INDEMNIFICATION. The obligations and
liabilities of the Buyer under SECTION 10.1(A) hereof with respect to claims
for Seller's Damages resulting from the assertion of liability by third parties
including, without limitation, governmental entities ("Seller's Claims") shall
be subject to the condition that within ten days after receiving notice
thereof, the Seller will give the Buyer notice of any Seller's Claims asserted
against or incurred by the Seller and the Buyer will undertake the defense
thereof by counsel of his own choosing. The Seller may, by counsel, participate
in such proceedings, negotiations or defense, at their own expense, but the
Buyer shall retain control over such litigation. In all such cases, the Seller
shall give reasonable assistance to the Buyer.



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<PAGE>   12

                                   ARTICLE XI

                            MISCELLANEOUS PROVISIONS

         11.1     EXPENSES. Whether or not the transactions contemplated hereby
are consummated, except as otherwise provided herein, the Buyer will pay all
costs and expenses incurred by it in connection with this Agreement and the
Transaction, and the Seller will pay all costs and expenses incurred by the
Seller in connection with this Agreement and the Transaction.

         11.2     SURVIVAL OF REPRESENTATIONS. All representations, warranties
and agreements made by the parties to this Agreement or pursuant hereto shall
survive the Closing, but except as otherwise expressly provided herein, all
claims made by virtue of such representations, warranties and agreements shall
be made under, and subject to the applicable limitations set forth in, ARTICLES
IX and X.

         11.3     DEFINITION OF "KNOWLEDGE". For purposes of this Agreement,
the term "knowledge," when referring to the Seller's knowledge, shall mean the
actual knowledge of the executive officers of the Seller.

         11.4     AMENDMENT AND MODIFICATION. This Agreement may be amended,
modified or supplemented only by written agreement of the Seller and the Buyer.

         11.5     WAIVER OF COMPLIANCE; CONSENTS. Except as otherwise provided
in this Agreement, any failure of any of the parties to comply with any
obligation, representation, warranty, covenant, agreement or condition herein
may be waived by the party entitled to the benefits thereof only by a written
instrument signed by the party granting such waiver, but such waiver or failure
to insist upon strict compliance with such obligation, representation,
warranty, covenant, agreement or condition shall not operate as a waiver of, or
estoppel with respect to, any subsequent or other failure. Whenever this
Agreement requires or permits consent by or on behalf of any party hereto, such
consent shall be given in writing in a manner consistent with the requirements
for a waiver of compliance as set forth in this Section.

         11.6     NOTICES. All notices and other communications hereunder shall
be in writing and shall be deemed given when delivered by hand or by facsimile
transmission or mailed by registered or certified mail (return receipt
requested), postage prepaid, to the parties at the following addresses (or at
such other address for a party as shall be specified by like notice; provided
that notices of a change of address shall be effective only upon receipt
thereof):



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         (a)      If to the Seller, to:

                           Broadway & Seymour, Inc.
                           Attn:  General Counsel
                           128 South Tryon Street
                           Charlotte, NC  28202-5050
                           Facsimile:  704-344-3542


                  With copy to:

                           Elite Information Systems, Inc.
                           Attn: President
                           5100 West Goldleaf Circle, Suite 100
                           Los Angeles, CA  90056-1271

         (b)      If to the Buyer, to:

                           TMC, Inc.
                           Attn: Robert Johnson
                           11350 McCormick Road
                           Executive Plaza III #601
                           Hunt Valley, MD  21031
                           Facsimile:  410-584-7736

         11.7     ASSIGNMENT. This Agreement and all of the provisions hereof
shall be binding upon and inure to the benefit of the parties hereto and their
respective successors and permitted assigns, but neither this Agreement nor any
of the rights, interests or obligations hereunder shall be assigned by any
party hereto without the prior written consent of the other party, nor is this
Agreement intended to confer upon any other person except the parties hereto
any rights or remedies hereunder except as otherwise expressly provided herein.
Notwithstanding the foregoing, the Seller may assign its rights and remedies
hereunder in connection with any sale or other transfer of assets of the Seller
(including a transfer by merger, liquidation or otherwise).

         11.8     GOVERNING LAW; JURISDICTION. This Agreement shall be
construed in accordance with the laws of the State of North Carolina without
reference to the conflicts of laws provisions thereof. The parties hereby
consent to the personal jurisdiction of the state and federal courts of and for
the County of Mecklenburg, State of North Carolina, for the adjudication of all
matters relating hereto or arising hereunder, and shall accept as due and
binding service of legal process there for service by receipted mail directed
to the parties' respective offices.

         11.9     COUNTERPARTS. This Agreement may be executed in one or more
counterparts, each of which shall be deemed an original, but all of which
together shall constitute one and the same instrument.



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<PAGE>   14

         11.10    INTERPRETATION. The article and section headings contained in
this Agreement are solely for the purpose of reference, are not part of the
agreement of the parties and shall not in any way affect the meaning or
interpretation of this Agreement.

         11.11    ENTIRE AGREEMENT. This Agreement, including the Exhibits and
any Schedules hereto and the documents delivered pursuant to this Agreement,
embody the entire agreement and understanding of the parties hereto in respect
of the subject matter hereof. The Exhibits and any Schedules hereto are an
integral part of this Agreement and are incorporated by reference herein. This
Agreement supersedes all prior agreements and understandings between the
parties with respect to the Transaction.

         IN WITNESS WHEREOF, the Sellers and Buyer have caused this Agreement
to be signed by their respective duly authorized officers as of the date first
above written.

                                    SELLER


                                    -------------------------------------------


                                    By:  
                                       ----------------------------------------
                                    Name:
                                         --------------------------------------
                                    Title:
                                          -------------------------------------


                                    BUYER


                                    -------------------------------------------


                                    By:
                                       ----------------------------------------
                                    Name:
                                         --------------------------------------
                                    Title:
                                          -------------------------------------



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