ERGO SCIENCE CORP
EX-10.1
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>3
<FILENAME>j0991_ex10d1.htm
<DESCRIPTION>EX-10.1
<TEXT>
<html>

<head>
<title>Prepared by MerrillDirect</title>
</head>

<body link=blue vlink=purple>

<div>

<p><font size=2 face=Times>PORTIONS OF THIS EXHIBIT WERE OMITTED AND FILED
SEPERATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO AN
APPLICATION FOR CONFIDENTIAL TREATMENT FILED WITH COMMISSION PURSUANT TO RULE
24B-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934. SUCH PORTIONS ARE MARKED BY
ASTERISKS.</font></p>

<p><font size=2>&nbsp;</font></p>

<p align=right><b><font size=2>Exhibit 10.1</font></b></p>

<p><font size=2>&nbsp;</font></p>

<p align=center><b><font size=2>COMMON STOCK PURCHASE AGREEMENT</font></b></p>

<p align=center><font size=2>&nbsp;</font></p>

<p align=center><b><font size=2>By and Among</font></b></p>

<p align=center><font size=2>&nbsp;</font></p>

<p align=center><b><font size=2>ERGO SCIENCE CORPORATION</font></b></p>

<p align=center><font size=2>&nbsp;</font></p>

<p align=center><b><font size=2>*</font></b></p>

<p align=center><font size=2>&nbsp;</font></p>

<p align=center><b><font size=2>and</font></b></p>

<p align=center><font size=2>&nbsp;</font></p>

<p align=center><b><font size=2>COURT SQUARE CAPITAL LIMITED</font></b></p>

<p align=center><font size=2>&nbsp;</font></p>

<p align=center><b><font size=2>Dated as of May&nbsp;23, 2001</font></b></p>

<p><font size=2>&nbsp;</font></p>

<page>


<p align=center><b><font size=2>TABLE OF CONTENTS</font></b></p>

<p><font size=2>&nbsp;</font></p>

<p><font size=2>&nbsp;</font></p>

<table border=0 cellspacing=0 cellpadding=0 width=734>
 <tr>
  <td width=37 valign=top>&nbsp;</td>
  <td width=370 colspan=2 valign=top>&nbsp;</td>
  <td  align=right width=327 valign=top>&nbsp;</td>
 </tr>
 <tr>
  <td width=37 valign=top>&nbsp;</td>
  <td width=370 colspan=2 valign=top>&nbsp;</td>
  <td  align=right width=327 valign=top>&nbsp;</td>
 </tr>
 <tr>
  <td width=37 valign=top>&nbsp;</td>
  <td width=370 colspan=2 valign=top>&nbsp;</td>
  <td  align=right width=327 valign=top>&nbsp;</td>
 </tr>
 <tr>
  <td width=37 valign=top><font   size=2><a href="#A1"   title="Click to goto  1.">1.</a></font></td>
  <td width=697 colspan=3 valign=top><font   size=2><a href="#A1"   title="Click to goto  1.">AUTHORIZATION AND SALE OF STOCK</a></font></td>
 </tr>
 <tr>
  <td width=37 valign=top>&nbsp;</td>
  <td width=43 valign=top><font   size=2><a href="#A11"   title="Click to goto 1.1.">1.1.</a></font></td>
  <td width=654 colspan=2 valign=top><font   size=2><a href="#A11"   title="Click to goto 1.1.">Authorization of Common Stock</a></font></td>
 </tr>
 <tr>
  <td width=37 valign=top>&nbsp;</td>
  <td width=43 valign=top><font   size=2><a href="#A12"   title="Click to goto 1.2.">1.2.</a></font></td>
  <td width=654 colspan=2 valign=top><font   size=2><a href="#A12"   title="Click to goto 1.2.">Sale of Common Stock</a></font></td>
 </tr>
 <tr>
  <td width=37 valign=top>&nbsp;</td>
  <td width=43 valign=top><font   size=2><a href="#A13"   title="Click to goto 1.3.">1.3.</a></font></td>
  <td width=654 colspan=2 valign=top><font   size=2><a href="#A13"   title="Click to goto 1.3.">Limitation On Other Issuances of Common Stock</a></font></td>
 </tr>
 <tr>
  <td width=37 valign=top>&nbsp;</td>
  <td width=43 valign=top><font   size=2><a href="#A14"   title="Click to goto 1.4.">1.4.</a></font></td>
  <td width=654 colspan=2 valign=top><font   size=2><a href="#A14"   title="Click to goto 1.4.">Proceeds</a></font></td>
 </tr>
 <tr>
  <td width=37 valign=top><font   size=2><a href="#A2"   title="Click to goto  2.">2.</a></font></td>
  <td width=697 colspan=3 valign=top><font   size=2><a href="#A2"   title="Click to goto  2.">THE CLOSING</a></font></td>
 </tr>
 <tr>
  <td width=37 valign=top><font   size=2><a href="#A3"   title="Click to goto  3.">3.</a></font></td>
  <td width=697 colspan=3 valign=top><font   size=2><a href="#A3"   title="Click to goto  3.">REPRESENTATIONS OF THE COMPANY</a></font></td>
 </tr>
 <tr>
  <td width=37 valign=top>&nbsp;</td>
  <td width=43 valign=top><font   size=2><a href="#A31"   title="Click to goto 3.1.">3.1.</a></font></td>
  <td width=654 colspan=2 valign=top><font   size=2><a href="#A31"   title="Click to goto 3.1.">Organization and Corporate Power</a></font></td>
 </tr>
 <tr>
  <td width=37 valign=top>&nbsp;</td>
  <td width=43 valign=top><font   size=2><a href="#A32"   title="Click to goto 3.2.">3.2.</a></font></td>
  <td width=654 colspan=2 valign=top><font   size=2><a href="#A32"   title="Click to goto 3.2.">Authorization</a></font></td>
 </tr>
 <tr>
  <td width=37 valign=top>&nbsp;</td>
  <td width=43 valign=top><font   size=2><a href="#A33"   title="Click to goto 3.3.">3.3.</a></font></td>
  <td width=654 colspan=2 valign=top><font   size=2><a href="#A33"   title="Click to goto 3.3.">Effect of Transactions</a></font></td>
 </tr>
 <tr>
  <td width=37 valign=top>&nbsp;</td>
  <td width=43 valign=top><font   size=2><a href="#A34"   title="Click to goto 3.4.">3.4.</a></font></td>
  <td width=654 colspan=2 valign=top><font   size=2><a href="#A34"   title="Click to goto 3.4.">Brokerage</a></font></td>
 </tr>
 <tr>
  <td width=37 valign=top><font   size=2><a href="#A4"   title="Click to goto  4.">4.</a></font></td>
  <td width=697 colspan=3 valign=top><font   size=2><a href="#A4"   title="Click to goto  4.">REPRESENTATIONS OF THE PURCHASERS</a></font></td>
 </tr>
 <tr>
  <td width=37 valign=top>&nbsp;</td>
  <td width=43 valign=top><font   size=2><a href="#A41"   title="Click to goto 4.1.">4.1.</a></font></td>
  <td width=654 colspan=2 valign=top><font   size=2><a href="#A41"   title="Click to goto 4.1.">Accredited Investor</a></font></td>
 </tr>
 <tr>
  <td width=37 valign=top>&nbsp;</td>
  <td width=43 valign=top><font   size=2><a href="#A42"   title="Click to goto 4.2.">4.2.</a></font></td>
  <td width=654 colspan=2 valign=top><font   size=2><a href="#A42"   title="Click to goto 4.2.">Investment</a></font></td>
 </tr>
 <tr>
  <td width=37 valign=top>&nbsp;</td>
  <td width=43 valign=top><font   size=2><a href="#A43"   title="Click to goto 4.3.">4.3.</a></font></td>
  <td width=654 colspan=2 valign=top><font   size=2><a href="#A43"   title="Click to goto 4.3.">Suitability</a></font></td>
 </tr>
 <tr>
  <td width=37 valign=top>&nbsp;</td>
  <td width=43 valign=top><font   size=2><a href="#A44"   title="Click to goto 4.4.">4.4.</a></font></td>
  <td width=654 colspan=2 valign=top><font   size=2><a href="#A44"   title="Click to goto 4.4.">Lack of Liquidity</a></font></td>
 </tr>
 <tr>
  <td width=37 valign=top>&nbsp;</td>
  <td width=43 valign=top><font   size=2><a href="#A45"   title="Click to goto 4.5.">4.5.</a></font></td>
  <td width=654 colspan=2 valign=top><font   size=2><a href="#A45"   title="Click to goto 4.5.">Knowledge and Experience</a></font></td>
 </tr>
 <tr>
  <td width=37 valign=top>&nbsp;</td>
  <td width=43 valign=top><font   size=2><a href="#A46"   title="Click to goto 4.6.">4.6.</a></font></td>
  <td width=654 colspan=2 valign=top><font   size=2><a href="#A46"   title="Click to goto 4.6.">Access to Management</a></font></td>
 </tr>
 <tr>
  <td width=37 valign=top>&nbsp;</td>
  <td width=43 valign=top><font   size=2><a href="#A47"   title="Click to goto 4.7.">4.7.</a></font></td>
  <td width=654 colspan=2 valign=top><font   size=2><a href="#A47"   title="Click to goto 4.7.">Brokerage</a></font></td>
 </tr>
 <tr>
  <td width=37 valign=top><font   size=2><a href="#A5"   title="Click to goto 5.">5.</a></font></td>
  <td width=697 colspan=3 valign=top><font   size=2><a href="#A5"   title="Click to goto 5.">CONDITIONS TO THE OBLIGATIONS OF THE PURCHASER</a></font></td>
 </tr>
 <tr>
  <td width=37 valign=top>&nbsp;</td>
  <td width=43 valign=top><font   size=2><a href="#A51"   title="Click to goto 5.1.">5.1.</a></font></td>
  <td width=654 colspan=2 valign=top><font   size=2><a href="#A51"   title="Click to goto 5.1.">Accuracy of Representations and Warranties;
  Performance</a></font></td>
 </tr>
 <tr>
  <td width=37 valign=top>&nbsp;</td>
  <td width=43 valign=top><font   size=2><a href="#A52"   title="Click to goto 5.2.">5.2.</a></font></td>
  <td width=654 colspan=2 valign=top><font   size=2><a href="#A52"   title="Click to goto 5.2.">Certificate</a></font></td>
 </tr>
 <tr>
  <td width=37 valign=top>&nbsp;</td>
  <td width=43 valign=top><font   size=2><a href="#A53"   title="Click to goto 5.3.">5.3.</a></font></td>
  <td width=654 colspan=2 valign=top><font   size=2><a href="#A53"   title="Click to goto 5.3.">Stockholder Approval</a></font></td>
 </tr>
 <tr>
  <td width=37 valign=top>&nbsp;</td>
  <td width=43 valign=top><font   size=2><a href="#A54"   title="Click to goto 5.4.">5.4.</a></font></td>
  <td width=654 colspan=2 valign=top><font   size=2><a href="#A54"   title="Click to goto 5.4.">* </a></font></td>
 </tr>
 <tr>
  <td width=37 valign=top>&nbsp;</td>
  <td width=43 valign=top><font   size=2><a href="#A55"   title="Click to goto 5.5.">5.5.</a></font></td>
  <td width=654 colspan=2 valign=top><font   size=2><a href="#A55"   title="Click to goto 5.5.">Purchaser Satisfaction with Acquisition</a></font></td>
 </tr>
 <tr>
  <td width=37 valign=top><font   size=2><a href="#A6"   title="Click to goto 6.">6.</a></font></td>
  <td width=697 colspan=3 valign=top><font   size=2><a href="#A6"   title="Click to goto 6.">CONDITIONS TO THE OBLIGATIONS OF THE COMPANY</a></font></td>
 </tr>
 <tr>
  <td width=37 valign=top>&nbsp;</td>
  <td width=43 valign=top><font   size=2><a href="#A61"   title="Click to goto 6.1.">6.1.</a></font></td>
  <td width=654 colspan=2 valign=top><font   size=2><a href="#A61"   title="Click to goto 6.1.">Accuracy of Representations and Warranties;
  Performance</a></font></td>
 </tr>
 <tr>
  <td width=37 valign=top>&nbsp;</td>
  <td width=43 valign=top><font   size=2><a href="#A62"   title="Click to goto 6.2.">6.2.</a></font></td>
  <td width=654 colspan=2 valign=top><font   size=2><a href="#A62"   title="Click to goto 6.2.">Certificate</a></font></td>
 </tr>
 <tr>
  <td width=37 valign=top>&nbsp;</td>
  <td width=43 valign=top><font   size=2><a href="#A63"   title="Click to goto 6.3.">6.3.</a></font></td>
  <td width=654 colspan=2 valign=top><font   size=2><a href="#A63"   title="Click to goto 6.3.">Stockholder Approval</a></font></td>
 </tr>
 <tr>
  <td width=37 valign=top>&nbsp;</td>
  <td width=43 valign=top><font   size=2><a href="#A64"   title="Click to goto 6.4.">6.4.</a></font></td>
  <td width=654 colspan=2 valign=top><font   size=2><a href="#A64"   title="Click to goto 6.4.">*</a></font></td>
 </tr>
 <tr>
  <td width=37 valign=top>&nbsp;</td>
  <td width=43 valign=top><font   size=2><a href="#A65"   title="Click to goto 6.5.">6.5.</a></font></td>
  <td width=654 colspan=2 valign=top><font   size=2><a href="#A65"   title="Click to goto 6.5.">Company Satisfaction with Acquisition</a></font></td>
 </tr>
 <tr>
  <td width=37 valign=top><font   size=2><a href="#A7"   title="Click to goto 7.">7.</a></font></td>
  <td width=697 colspan=3 valign=top><font   size=2><a href="#A7"   title="Click to goto 7.">SUCCESSORS AND ASSIGNS</a></font></td>
 </tr>
 <tr>
  <td width=37 valign=top><font   size=2><a href="#A8"   title="Click to goto 8.">8.</a></font></td>
  <td width=697 colspan=3 valign=top><font   size=2><a href="#A8"   title="Click to goto 8.">SURVIVAL OF REPRESENTATIONS AND WARRANTIES</a></font></td>
 </tr>
 <tr>
  <td width=37 valign=top><font   size=2><a href="#A9"   title="Click to goto 9.">9.</a></font></td>
  <td width=697 colspan=3 valign=top><font   size=2><a href="#A9"   title="Click to goto 9.">EXPENSES</a></font></td>
 </tr>
 <tr>
  <td width=37 valign=top><font   size=2><a href="#A10"   title="Click to goto 10.">10.</a></font></td>
  <td width=697 colspan=3 valign=top><font   size=2><a href="#A10"   title="Click to goto 10.">NOTICES</a></font></td>
 </tr>
 <tr>
  <td width=37 valign=top><font   size=2><a href="#A1111"   title="Click to goto 11.">11.</a></font></td>
  <td width=697 colspan=3 valign=top><font   size=2><a href="#A1111"   title="Click to goto 11.">NO CONDITIONS TO EFFECTIVENESS, ENTIRE AGREEMENT</a></font></td>
 </tr>
 <tr>
  <td width=37 valign=top><font   size=2><a href="#Twelve"   title="Click to goto 12.&#9;">12.</a></font></td>
  <td width=697 colspan=3 valign=top><font   size=2><a href="#Twelve"   title="Click to goto 12.&#9;">AMENDMENTS AND WAIVERS</a></font></td>
 </tr>
 <tr>
  <td width=37 valign=top><font   size=2><a href="#Thirteen"   title="Click to goto 13.">13.</a></font></td>
  <td width=697 colspan=3 valign=top><font   size=2><a href="#Thirteen"   title="Click to goto 13.">COUNTERPARTS</a></font></td>
 </tr>
 <tr>
  <td width=37 valign=top><font   size=2><a href="#Fourteen"   title="Click to goto 14.">14.</a></font></td>
  <td width=697 colspan=3 valign=top><font   size=2><a href="#Fourteen"   title="Click to goto 14.">CAPTIONS</a></font></td>
 </tr>
 <tr>
  <td width=37 valign=top><font   size=2><a href="#Fifteen"   title="Click to goto 15.">15.</a></font></td>
  <td width=697 colspan=3 valign=top><font   size=2><a href="#Fifteen"   title="Click to goto 15.">SEVERABILITY</a></font></td>
 </tr>
 <tr>
  <td width=37 valign=top><font   size=2><a href="#Sixteen"   title="Click to goto 16">16.</a></font></td>
  <td width=697 colspan=3 valign=top><font   size=2><a href="#Sixteen"   title="Click to goto 16">GOVERNING LAW</a></font></td>
 </tr>
 <tr>
  <td width=37 valign=top><font   size=2><a   href="#Seventeen" title="Click to goto 17.">17.</a></font></td>
  <td width=697 colspan=3 valign=top><font   size=2><a   href="#Seventeen" title="Click to goto 17.">TERMINATION AND EXPIRATION</a></font></td>
 </tr>
 <tr>
  <td width=37 valign=top>&nbsp;</td>
  <td width=370 colspan=2 valign=top>&nbsp;</td>
  <td  align=right width=327 valign=top>&nbsp;</td>
 </tr>

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<page>


<p align=center><b><font size=2>COMMON STOCK PURCHASE AGREEMENT</font></b></p>

<p><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; This
Common Stock Purchase Agreement (this &quot;<b><i>Agreement</i></b>&quot;), dated as of
May&nbsp;23, 2001, is made by and among Ergo Science Corporation, a Delaware
corporation (&quot;<b><i>Ergo</i></b>&quot;)
* and Court Square Capital Limited, a Delaware corporation (&quot;<b><i>Court Square</i></b>&quot;
and together with its permitted assignees, the &quot;<b><i>Purchasers</i></b>&quot;).
When used herein, the term &quot;<b><i>Company</i></b>&quot; shall refer to (i)&nbsp;Ergo *
(as hereinafter defined)&nbsp; * .</font></p>

<p><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>WHEREAS</b></font><font size=2>, subject to the
approval of its stockholders, Ergo is * (as hereinafter defined) by means of *
pursuant to which *;</font></p>

<p><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>WHEREAS</b></font><font size=2>, the Company wishes
to acquire one or more operating businesses (the &quot;<b><i>Acquisition</i></b>&quot;)
for such consideration as may then be agreed upon including, without
limitation, consideration in the form of cash;</font></p>

<p><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>WHEREAS</b></font><font size=2>, the Company and
Court Square entered into an agreement to induce Court Square to assist the
Company in identifying suitable targets for the Acquisition by granting Court
Square certain rights with respect to the issuance and sale of shares of Common
Stock (as defined herein) to finance the Acquisition (the &quot;<b><i>Original Agreement</i></b>&quot;);
and</font></p>

<p><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>WHEREAS</b></font><font size=2>, the parties wish
to, and hereby do, amend and restate the Original Agreement as follows.</font></p>

<p><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>NOW, THEREFORE</b></font><font size=2>, in consideration
of the mutual promises and covenants contained in this Agreement, and intending
to be legally bound by the terms and conditions of this Agreement, the parties
hereto hereby agree as follows:</font></p>

<p><a name=A1><font size=2>&nbsp;<b>1.</b></font></a><b><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <i>Authorization
and Sale of Stock.</i></font></b></p>

<dir>
<p><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <a name=A11><b>1.1.</b></a></font><i><font size=2>&nbsp;
Authorization of Common Stock.</font></i><font size=2>&nbsp; The Company has duly authorized the sale and issuance of up to <b>7,500,000</b> shares of its Common Stock, par
value $0.01 per share (the &quot;<b><i>Common Stock</i></b>&quot;).</font></p>
</dir>

<dir>
<p><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <a name=A12><b>1.2.</b></a></font><i><font size=2>&nbsp;
Sale of Common Stock.</font></i></p>
</dir>

<dir><dir>
<p><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Subject
to the terms and conditions of this Agreement, at the Closing, the Company
shall issue and sell to the Purchasers, and the Purchasers shall purchase from
the Company that number of shares of Common Stock (the &quot;<b><i>Common Shares</i></b>&quot;)
as may be determined by mutual agreement of the parties, up to an aggregate
maximum of <b>7,500,000</b> shares (such
maximum number subject to adjustment as provided below) of Common Stock at a
purchase price per share equal to the sum of (i)&nbsp;$1.15 and (ii)&nbsp;the
Book Value Increase (as defined below) per share (such purchase price per share
subject to adjustment as provided below, the <b><i>&quot;Purchase Price&quot;</i></b>). The
Purchasers shall pay the Purchase Price to the Company for the Common Shares,
and such Common Shares shall be sold and issued, in accordance with
Section&nbsp;2 of this Agreement.<page>

</font></p>
</dir></dir>

<dir><dir>
<p><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The
maximum number of Common Shares subject to issuance and sale pursuant to this
Section&nbsp;1.2, the Purchase Price and the Book Value Per Share (as defined
below) shall each be equitably adjusted for any stock split, stock dividend,
combination of shares, reorganization, recapitalization, reclassification or
similar event involving or affecting the Common Stock (including, without
limitation, *).</font></p>
</dir></dir>

<dir><dir>
<p><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; For
purposes of this Section&nbsp;1.2: (i)&nbsp;the term &quot;<b><i>Book Value Increase</i></b>&quot;
shall mean any increase in the Book Value Per Share occurring between
May&nbsp;23, 2001 and the Closing Date attributable to (A)&nbsp;the Company's
receipt of Cash in consideration of the sale of the Company's non-Cash assets
or (B)&nbsp;the reduction or elimination of the Liquidation Preference;
(ii)&nbsp;the term &quot;<b><i>Book
Value Per Share</i></b>&quot; shall mean the <i>quotient</i> of (A)&nbsp;the Company's then total amount of
assets <i>less</i> the <i>sum</i> of its then total amount of
liabilities and the Liquidation Preference <i>divided
by</i> (B)&nbsp;the number of shares of the Company's Common Stock then
outstanding; (iii)&nbsp;the term &quot;<b><i>Liquidation Preference</i></b>&quot; shall mean the
then aggregate accrued liquidation preference on all outstanding shares of the
Company's preferred stock; and (iv)&nbsp;the term &quot;<b><i>Cash</i></b>&quot; shall mean
cash, cash equivalents and short-term investments.</font></p>
</dir></dir>

<dir>
<p><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <a name=A13><b>1.3.</b></a></font><i><font size=2>&nbsp;
Limitation On Other Issuances of Common Stock.</font></i><font size=2>&nbsp; The Company hereby covenants and agrees that
it shall not issue any shares of Common Stock or other security exercisable for
or convertible into Common Stock to any party (other than as specifically
contemplated herein) in connection with the financing of an Acquisition of a
business introduced to the Company by Court Square either directly or
indirectly (i.e. through an intermediary introduced to the Company by Court
Square) unless and until either (i)&nbsp;the Company has issued and sold all of
the Common Shares to the Purchasers or (ii)&nbsp;the Purchasers have declined
to purchase the Common Shares offered to them pursuant to this Agreement in
connection with such Acquisition.</font></p>
</dir>

<page>


<dir>
<p><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <a name=A14><b>1.4.</b></a></font><i><font size=2>&nbsp;
Proceeds.</font></i><font size=2>&nbsp; Proceeds from
the sale of the Common Shares may be used for any corporate purpose, including
without limitation as consideration for an Acquisition and/or general working
capital purposes.</font></p>
</dir>

<p><a name=A2><font size=2>&nbsp;<b>2.</b></font></a><b><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <i>The
Closing.</i></font></b><font size=2>&nbsp; The closing of
the sale and purchase of the Common Shares pursuant to this Agreement shall
take place, if at all, in such place, on such date and at such time as shall be
mutually agreed by the Company and the Purchasers (the &quot;<b><i>Closing</i></b>&quot;). The
date of the Closing is hereinafter referred to as the &quot;<b><i>Closing Date</i></b>.&quot;
At the Closing, the Company shall deliver to each Purchaser a certificate
representing the number of Common Shares purchased by such Purchaser as
provided in Section&nbsp;1.2 hereof registered in the name of the Purchaser.
The Purchase Price shall be paid by wire transfer, certified or cashier's check
or other method acceptable to the Company and which shall facilitate the consummation
of the Acquisition. If, at the Closing, any of the conditions specified in
Section&nbsp;5 of this Agreement shall not have been fulfilled, each Purchaser
shall, at its election, be relieved of all of its obligations under this
Agreement without thereby waiving any other right it may have by reason of such
failure or such non-fulfillment. If, at the Closing, any of the conditions
specified in Section&nbsp;6 of this Agreement shall not have been fulfilled,
the Company shall, at its election, be relieved of all of its obligations under
this Agreement without thereby waiving any other right it may have by reason of
such failure or such non-fulfillment.</font></p>

<p><a name=A3><font size=2>&nbsp;<b>3.</b></font></a><b><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <i>Representations
of the Company.</i></font></b><font size=2>&nbsp; The Company
hereby represents and warrants to the Purchasers as follows:</font></p>

<dir>
<p><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <a name=A31><b>3.1.</b></a></font><i><font size=2>&nbsp;
Organization and Corporate Power.</font></i><font size=2>&nbsp; The Company is a corporation duly organized, validly existing and
in corporate good standing under the laws of the State of Delaware and is
qualified to do business as a foreign corporation in each jurisdiction in which
such qualification is required, except where the failure to be so qualified
would not have a material and adverse effect on the business, operations,
financial condition, assets, prospects, liabilities or contractual rights of
the Company (a &quot;<b><i>Material
Adverse Effect</i></b>&quot;). The Company has all required corporate
power and authority to own its property, to carry on its business as presently
conducted or contemplated, to enter into and perform this Agreement and the
other agreements, documents and instruments contemplated hereby (collectively
with this Agreement, the &quot;<b><i>Transaction Documents</i></b>&quot;), and generally to carry out
the transactions contemplated hereby. The Company is not in violation of any
term of its Certificate of Incorporation or By-laws, or in violation of any
term of any agreement, instrument, judgment, decree, order, statute, rule or
government regulation applicable to the Company or to which the Company is a
party, where any violation, noncompliance or default would result in a Material
Adverse Effect.</font></p>
</dir>

<dir>
<p><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <a name=A32><b>3.2.</b></a></font><i><font size=2>&nbsp;
Authorization.</font></i><font size=2>&nbsp; Other than
obtaining the approval of the Company's stockholders with regard to the
issuance of the Common Shares:</font></p>
</dir>

<dir>
<p><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The
Transaction Documents are valid and binding obligations of the Company,
enforceable against the Company in accordance with their terms, except as may
be limited by (A)&nbsp;applicable bankruptcy, insolvency, reorganization or
other laws of general application relating to or affecting the enforcement of
creditors' rights generally and (B)&nbsp;the effects of rules of law governing
the availability of equitable remedies.</font></p>
</dir>

<dir>
<p><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The
execution, delivery and performance of the Transaction Documents have been duly
authorized by all necessary corporate or other action of the Company.<page>

</font></p>
</dir>

<dir>
<p><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The
issuance, sale and delivery of the Common Shares in accordance with this
Agreement have been, or will be prior to the Closing, duly authorized and
reserved for issuance, as the case may be, by all necessary corporate action on
the part of the Company.</font></p>
</dir>

<dir>
<p><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The
Common Shares, when so issued, sold and delivered against payment therefor in
accordance with the provisions of this Agreement will be duly and validly
issued, fully paid and non-assessable.</font></p>
</dir>

<dir>
<p><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; No
consent, approval or authorization of, or designation, declaration or filing
with, any governmental authority or any other person or entity is required of
the Company in connection with the execution and delivery of the Transaction
Documents, or the issuance, sale and delivery of the Common Shares in
accordance with the terms of this Agreement or the consummation of any other
transaction contemplated hereby or by the other Transaction Documents.</font></p>
</dir>

<p><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <a name=A33><b>3.3.</b></a></font><i><font size=2>&nbsp;
Effect of Transactions.</font></i><font size=2>&nbsp; The execution, delivery and performance by the Company of the
Transaction Documents will not conflict with or result in any default under any
material contract, obligation or commitment of the Company, or any provision of
the Company's Certificate of Incorporation or By-laws, or in any corporate
restriction of the Company or the creation of any lien, charge or encumbrance
of any nature upon any of the properties or assets of the Company which could
have a Material Adverse Effect. The Company's execution and delivery of the
Transaction Documents and its performance of the transactions contemplated
thereby will not violate any instrument, agreement, judgment, decree, order,
statute, rule or regulation of any federal, state or local government or agency
applicable to the Company which could reasonably be expected to have a Material
Adverse Effect.</font></p>

<p><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <a name=A34><b>3.4.</b></a></font><i><font size=2>&nbsp;
Brokerage.</font></i><font size=2>&nbsp; There are no
claims for brokerage commissions, finder's fees or similar compensation in
connection with the transactions contemplated by this Agreement based on any
arrangement or agreement made by or on behalf of the Company, except as
described herein.</font></p>

<p><a name=A4><font size=2>&nbsp;<b>4.</b></font></a><b><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <i>Representations
of the Purchasers.</i></font></b><font size=2>&nbsp; Each Purchaser severally represents and warrants to the Company,
as follows:</font></p>

<dir>
<p><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <a name=A41><b>4.1.</b></a></font><i><font size=2>&nbsp;
Accredited Investor.</font></i><font size=2>&nbsp; Except as
otherwise disclosed to the Company, it is an &quot;accredited investor&quot; as
such term is defined in Regulation&nbsp;D under the Securities Act of 1933, as
amended (the &quot;<b><i>Securities
Act</i></b>&quot;).</font></p>
</dir>

<dir>
<p><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <a name=A42><b>4.2.</b></a></font><i><font size=2>&nbsp;
Investment.</font></i><font size=2>&nbsp; It is acquiring
Common Shares for its own account for investment and not with a view to, or for
sale in connection with, any distribution thereof, nor with any present intention
of distributing or selling the same, and it has no present or contemplated
agreement, undertaking, arrangement, obligation, indebtedness or commitment
providing for the disposition thereof.<page>

</font></p>
</dir>

<dir>
<p><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <a name=A43><b>4.3.</b></a></font><i><font size=2>&nbsp;
Suitability.</font></i><font size=2>&nbsp; It understands
and has fully considered for purposes of this investment the risks of this
investment and understands that (i)&nbsp;this investment is suitable only for
an investor who is able to bear the economic consequences of losing its entire
investment; (ii)&nbsp;the Company is substantially similar to an early&#150;stage
enterprise with no operating history, and no revenues or net income from
operations to date; (iii)&nbsp;the purchase of Common Shares is a speculative
investment which involves a high degree of risk of loss of the entire
investment; and (iv)&nbsp;there are substantial restrictions on the
transferability of the Common Shares, and accordingly, it may not be possible
for it to liquidate its investment in case of emergency or otherwise.</font></p>
</dir>

<dir>
<p><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <a name=A44><b>4.4.</b></a></font><i><font size=2>&nbsp;
Lack of Liquidity.</font></i><font size=2>&nbsp; It is able
(i)&nbsp;to bear the economic risk of this investment, (ii)&nbsp;to hold the
Common Shares for an indefinite period of time, and (iii)&nbsp;presently to
afford a complete loss of its investment. It has sufficient liquid assets so
that the illiquidity associated with this investment will not cause any undue
financial difficulties or affect its ability to provide for its current needs
and possible financial contingencies, and that its commitment to all
speculative investments (including the investment contemplated by this Purchase
Agreement) is reasonable in relation to its net worth or investment portfolio.</font></p>
</dir>

<dir>
<p><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <a name=A45><b>4.5.</b></a></font><i><font size=2>&nbsp;
Knowledge and Experience.</font></i><font size=2>&nbsp; It has such knowledge and experience in financial and business
matters that it is capable of evaluating the merits and risks of an investment
in the Common Shares and of making an informed investment decision and can bear
a complete loss of its investment.</font></p>
</dir>

<dir>
<p><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <a name=A46><b>4.6.</b></a></font><i><font size=2>&nbsp;
Access to Management.</font></i><font size=2>&nbsp; It, in making its decision to purchase Common Shares, has been
given the opportunity to ask questions of, and to receive answers from,
management and other persons acting on behalf of the Company concerning the
Company and the terms and conditions of transaction contemplated by this
Agreement, and to obtain any additional information, to the extent such persons
possess such information.</font></p>
</dir>

<dir>
<p><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <a name=A47><b>4.7.</b></a></font><i><font size=2>&nbsp;
Brokerage.</font></i><font size=2>&nbsp; There are no
claims for brokerage commissions, finder's fees or similar compensation in
connection with the transactions contemplated by this Agreement based on any
arrangement or agreement made by or on behalf of such Purchaser, except as
described herein.</font></p>
</dir>

<p><a name=A5><b><font size=2>5.</font></b></a><b><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <i>Conditions
to the Obligations of the Purchaser.</i></font></b><font size=2>&nbsp; The obligations of each Purchaser under this Agreement are
subject to the fulfillment, or the waiver by such Purchaser, of the conditions
set forth in this Section&nbsp;5 on or before the Closing Date.</font></p>

<dir>
<p><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <a name=A51><b>5.1.</b></a></font><i><font size=2>&nbsp;
Accuracy of Representations and Warranties; Performance.</font></i><font size=2>&nbsp; The representations and warranties of the
Company contained in Section&nbsp;3 of this Agreement shall be true on and as
of the Closing Date with the same effect as though such representation and
warranty had been made on and as of that date, other than as would not, taken
as a whole, have an Material Adverse Effect. The Company shall have performed
and complied with all agreements and conditions contained in this Agreement required
to be performed or complied with by the Company prior to or at the Closing.</font></p>
</dir>

<dir>
<p><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <a name=A52><b>5.2.</b></a></font><i><font size=2>&nbsp;
Certificate.</font></i><font size=2>&nbsp; The Company
shall have delivered to each Purchaser a certificate, executed by the President
of the Company as of the Closing Date, certifying to the fulfillment of the
conditions to the Purchasers' obligations under this Agreement set forth in
Section&nbsp;5.1.<page>

</font></p>
</dir>

<dir>
<p><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <a name=A53><b>5.3.</b></a></font><i><font size=2>&nbsp;
Stockholder Approval.</font></i><font size=2>&nbsp; The stockholders of Ergo shall have approved (i) * and (ii) the
issuance of Common Shares contemplated herein.</font></p>
</dir>

<dir>
<p><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <a name=A54><b>5.4.</b></a></font><i><font size=2>&nbsp;&nbsp;
*</font></i><font size=2>&nbsp; &nbsp;shall have been *.</font></p>
</dir>

<dir>
<p><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <a name=A55><b>5.5.</b></a></font><i><font size=2>&nbsp;
Purchaser Satisfaction with Acquisition.</font></i><font size=2>&nbsp; The Acquisition shall be acceptable in all respects to such
Purchaser in its sole discretion.</font></p>
</dir>

<p><a name=A6><b><font size=2>6.</font></b></a><b><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <i>Conditions
to the Obligations of the Company.</i></font></b><font size=2>&nbsp; The obligations of the Company under this Agreement are subject
to the fulfillment, or the waiver in writing by the Company, of the conditions
set forth in this Section&nbsp;6 on or before each Closing Date.</font></p>

<dir>
<p><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <a name=A61><b>6.1.</b></a></font><i><font size=2>&nbsp;
Accuracy of Representations and Warranties; Performance.</font></i><font size=2>&nbsp; The representations and warranties of each
Purchaser contained in Section&nbsp;4 shall be true on and as of the Closing
Date with the same effect as though such representations and warranties had
been made on and as of that date. Each Purchaser shall have performed and
complied with all agreements contained in this Agreement required to be
performed and complied with by it prior to or at the Closing.</font></p>
</dir>

<dir>
<p><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <a name=A62><b>6.2.</b></a></font><i><font size=2>&nbsp;
Certificate.</font></i><font size=2>&nbsp; Each Purchaser
shall have delivered to the Company a certificate, duly executed by or on
behalf of it as of the Closing Date, certifying to the fulfillment of the
conditions to the Company's obligations under this Agreement set forth in
Section&nbsp;6.1.</font></p>
</dir>

<dir>
<p><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <a name=A63><b>6.3.</b></a></font><i><font size=2>&nbsp;
Stockholder Approval.</font></i><font size=2>&nbsp; The stockholders of Ergo shall have approved (i)&nbsp;* and
(ii)&nbsp;the issuance of the Common Shares contemplated herein.</font></p>
</dir>

<dir>
<p><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <a name=A64><b>6.4.</b></a></font><i><font size=2>&nbsp;&nbsp;
*</font></i><font size=2> shall have been *.</font></p>
</dir>

<dir>
<p><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <a name=A65><b>6.5.</b></a></font><i><font size=2>&nbsp;
Company Satisfaction with Acquisition.</font></i><font size=2>&nbsp; The Acquisition shall be acceptable in all respects to the
Company in its sole discretion.</font></p>
</dir>

<p><a name=A7><b><font size=2>7.</font></b></a><b><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <i>Successors
and Assigns.</i></font></b><font size=2>&nbsp; No assignment or
transfer of this Agreement or any right or privilege hereunder by any party,
including any assignment by operation of law pursuant to a merger, liquidation,
foreclosure, or involuntary sale in bankruptcy, shall be effective or binding
on the other party without such other party's prior written consent.
Notwithstanding the foregoing, (i)&nbsp;Ergo may assign its rights and
obligations hereunder * and (ii)&nbsp;Court Square may assign its rights and
obligations, in whole or in part, to any of its &quot;affiliates&quot; (as such
term is defined in Regulation&nbsp;D under the Securities Act) or any employee
or director of Court Square of any such affiliate. The provisions of this
Agreement shall bind and inure to the benefit of the respective permitted
successors, assigns, heirs, executors, and administrators of the parties
hereto.<page>

</font></p>

<p><a name=A8><b><font size=2>8.</font></b></a><b><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <i>Survival
of Representations and Warranties.</i></font></b><font size=2>&nbsp; All representations, warranties and covenants shall terminate at,
and be of no further force and effect after, the Closing.</font></p>

<p><a name=A9><b><font size=2>9.</font></b></a><b><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <i>Expenses.</i></font></b><font size=2>&nbsp; Each party shall bear its own costs and
expenses in connection with the transactions contemplated hereby.</font></p>

<p><a name=A10><b><font size=2>10.</font></b></a><b><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <i>Notices.</i></font></b><font size=2>&nbsp; All notices, requests, consents and other
communications under this Agreement shall be in writing and shall be delivered
by hand, by telecopier, by express overnight courier service or mailed by first
class mail, postage prepaid, as follows:</font></p>

<p><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If to
Purchaser, addressed to:</font></p>

<p><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Court
Square Capital Limited</font><font size=2><br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; c/o
Citicorp Venture Capital,&nbsp;Ltd.<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 399
Park Avenue<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New
York, NY 10043<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Attn:
President<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Telephone:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (212)&nbsp;559-3765<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fax:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (212)&nbsp;888-2940</font></p>

<p><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If to
Company, addressed to:</font></p>

<p><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ergo
Science Corporation</font><font size=2><br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 790
Turnpike Street; Suite 205<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; North
Andover, MA 01845<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Attn:
President<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Telephone:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (978)&nbsp;974-9474<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fax:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (978)&nbsp;974-0688</font></p>

<p><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; With a
copy to:</font></p>

<p><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mintz,
Levin, Cohn, Ferris, Glovsky and Popeo, P.C.</font><font size=2><br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; One
Financial Center<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Boston,
MA 02111<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Attention:
Douglas A. Zingale, Esq.<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Telephone:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (617)&nbsp;542-6000<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fax:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (617)&nbsp;542-2241</font></p>

<p><font size=2>or to such other place and with such other copies as
either party may designate as to itself by written notice to the other.</font></p>

<p><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Notices
provided in accordance with this Section&nbsp;10 shall be deemed delivered upon
personal delivery, receipt by telecopier or overnight mail, or 48&nbsp;hours
after deposit in the mail in accordance with the above.<page>

</font></p>

<p><a name=A1111><b><font size=2>11.</font></b></a><b><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <i>No
Conditions to Effectiveness, Entire Agreement.</i></font></b><font size=2>&nbsp; This Agreement, together with the
instruments and other documents hereby contemplated to be executed and
delivered in connection herewith, contains the entire agreement and
understanding of the parties hereto, and supersedes any prior agreements or
understandings between or among them, with respect to the subject matter
hereof, including without limitation the Original Agreement.</font></p>

<p><a name=Twelve><b><font size=2>12.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></b></a><i><font size=2> <b>Amendments
and Waivers.</b></font></i><font size=2>&nbsp; Except as
otherwise expressly set forth in this Agreement, any term of this Agreement may
be amended and the observance of any term of this Agreement may be waived
(either generally or in a particular instance and either retroactively or
prospectively), with the written consent of the Company and the Purchasers. No
waivers of or exceptions to any term, condition or provision of this Agreement,
in any one or more instances, shall be deemed to be, or construed as, a further
or continuing waiver of any such term, condition or provision.</font></p>

<p><a name=Thirteen><b><font size=2>13.</font></b></a><i><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Counterparts.</b></font></i><font size=2>&nbsp; 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.</font></p>

<p><a name=Fourteen><b><font size=2>14.</font></b></a><b><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <i>Captions.</i></font></b><font size=2>&nbsp; The captions of the sections, subsections
and paragraphs of this Agreement have been added for convenience only and shall
not be deemed to be a part of this Agreement.</font></p>

<p><a name=Fifteen><b><font size=2>15.</font></b></a><b><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <i>Severability.</i></font></b><font size=2>&nbsp; Each provision of this Agreement shall be
interpreted in such manner as to validate and give effect thereto to the
fullest lawful extent, but if any provision of this Agreement is determined by
a court of competent jurisdiction to be invalid or unenforceable under
applicable law, such provision shall be ineffective only to the extent so
determined and such invalidity or unenforceability shall not affect the
remainder of such provision or the remaining provisions of this Agreement.</font></p>

<p><a name=Sixteen><b><font size=2>16</font></b></a><b><font size=2>.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <i>Governing
Law.</i></font></b><font size=2>&nbsp; This Agreement
shall be governed by, interpreted, construed and enforced in accordance with,
the substantive laws of the State of Delaware, without reference to principles
of conflict of laws.</font></p>

<p><a name=Seventeen><b><font size=2>17.</font></b></a><b><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <i>Termination
and Expiration.</i></font></b><font size=2>&nbsp; Unless otherwise
terminated earlier by mutual agreement of the Company and Court Square, the
term of this Agreement shall expire on the second anniversary of the date
hereof.</font></p>

<p><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>IN WITNESS WHEREOF</b></font><font size=2>, Ergo * and Court
Square have executed this Common Stock Purchase Agreement as of the day and
year first above written.</font></p>

<p><font size=2>&nbsp;</font></p>

<table border=0 cellspacing=0 cellpadding=0 width="100%">
 <tr>
  <td width="41%" valign=top>&nbsp;</td>
  <td width="58%" colspan=3 valign=top><b><font   size=2>ERGO Science Corporation</font></b></td>
 </tr>
 <tr>
  <td width="41%" valign=top>&nbsp;</td>
  <td width="58%" colspan=3 valign=top>&nbsp;</td>
 </tr>
 <tr>
  <td width="41%" valign=top>&nbsp;</td>
  <td width="8%" colspan=2 valign=top><font   size=2>By:</font></td>
  <td width="50%" valign=top><font   size=2>/s/ David R. Burt</font></td>
 </tr>
 <tr>
  <td width="41%" valign=top>&nbsp;</td>
  <td width="2%" valign=top>&nbsp;</td>
  <td width="56%" colspan=2 valign=top>
<hr size=2 width="100%" noshade color=black align=right></td>
 </tr>
 <tr>
  <td width="43%" colspan=2 valign=top>&nbsp;</td>
  <td width="6%" valign=top><font   size=2>Name:</font></td>
  <td width="50%" valign=top><font   size=2>David R. Burt</font></td>
 </tr>
 <tr>
  <td width="43%" colspan=2 valign=top>&nbsp;</td>
  <td width="6%" valign=top><font   size=2>Title:</font></td>
  <td width="50%" valign=top><i><font   size=2>President</font></i></td>
 </tr>
 <tr>
  <td width="41%" valign=top>&nbsp;</td>
  <td width="8%" colspan=2 valign=top>&nbsp;</td>
  <td width="50%" valign=top>&nbsp;</td>
 </tr>
 <tr>
  <td width="41%" valign=top>&nbsp;</td>
  <td width="8%" colspan=2 valign=top><b><font   size=2>*</font></b></td>
  <td width="50%" valign=top>&nbsp;</td>
 </tr>
 <tr>
  <td width="41%" valign=top>&nbsp;</td>
  <td width="8%" colspan=2 valign=top>&nbsp;</td>
  <td width="50%" valign=top>&nbsp;</td>
 </tr>
 <tr>
  <td width="41%" valign=top>&nbsp;</td>
  <td width="8%" colspan=2 valign=top>&nbsp;</td>
  <td width="50%" valign=top>&nbsp;</td>
 </tr>
 <tr>
  <td width="41%" valign=top>&nbsp;</td>
  <td width="58%" colspan=3 valign=top><b><font   size=2>Court Square Capital Limited</font></b></td>
 </tr>
 <tr>
  <td width="41%" valign=top>&nbsp;</td>
  <td width="58%" colspan=3 valign=top>&nbsp;</td>
 </tr>
 <tr>
  <td width="41%" valign=top>&nbsp;</td>
  <td width="8%" colspan=2 valign=top><font   size=2>By:</font></td>
  <td width="50%" valign=top><font   size=2>/s/ Thomas F.
  McWilliams</font></td>
 </tr>
 <tr>
  <td width="41%" valign=top>&nbsp;</td>
  <td width="2%" valign=top>&nbsp;</td>
  <td width="56%" colspan=2 valign=top>
<hr size=2 width="100%" noshade color=black align=right></td>
 </tr>
 <tr>
  <td width="43%" colspan=2 valign=top>&nbsp;</td>
  <td width="6%" valign=top><font   size=2>Name:</font></td>
  <td width="50%" valign=top><font   size=2>Thomas F.
  McWilliams</font></td>
 </tr>
 <tr>
  <td width="43%" colspan=2 valign=top>&nbsp;</td>
  <td width="6%" valign=top><font   size=2>Title:</font></td>
  <td width="50%" valign=top><font   size=2>Managing Director</font></td>
 </tr>
</table>

<p><font size=2>&nbsp;</font></p>

<p><font size=2>&nbsp;</font></p>

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