THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

Edgewater Technology, Inc. (EDGW)

4/17/2006 Proxy Information

We lease our former corporate headquarters at 302 E. Millsap Rd. in Fayetteville, Arkansas from Brewer Investments II, LLC. The members of the limited liability company are Jerry T. Brewer and Kay Brewer, who are the parents of Clete T. Brewer, one of our Company’s directors. The total lease payments to Brewer Investments II, LLC in 2005 for this lease, from January 1, 2005 through December 31, 2005, were approximately $216,000.

The lease for the 302 E. Millsap Rd. premises expires in 2009 and we sublet the premises in July 2002 to a third party for the period from July 15, 2002 until June 30, 2007. Our subtenant is responsible for all real estate taxes, insurance, utilities and maintenance on the 302 E. Millsap Rd. facility during the period of this sublease. Payment received by the Company under the sublease arrangement totaled $180,000 in 2005. We believe that the lease payments for this facility with the related party described above are on terms that are as favorable to us as those that could have been obtained from unaffiliated third parties.

During 2005, our Company had revenues of approximately $8.4 million from The Synapse Group, Inc. for services rendered. Mr. Loeb, who joined our Board in April 2000, was the President and Chief Executive Officer of The Synapse Group, Inc., a Time Warner Company until December 2005.

We have entered into indemnity agreements with directors and the Named Executive Officers which provide, among other things, that we will indemnify such executive officer or director, under the circumstances and to the extent provided for therein, for expenses, damages, judgments, fines and settlements he or she may be required to pay in actions or proceedings which he or she is or may be made a party by reason of his or her position as a director, executive officer or other agent of our Company, and otherwise to the full extent permitted under Delaware law and our Company’s amended and restated bylaws.

4/21/2005 Proxy Information

We lease our former corporate headquarters at 302 E. Millsap Rd. in Fayetteville, Arkansas from Brewer Investments II, LLC. The members of the limited liability company are Jerry T. Brewer and Kay Brewer, who are the parents of Clete T. Brewer, one of our Company's directors. The total lease payments to Brewer Investments II, LLC in 2004 for this lease, from January 1, 2004 through December 31, 2004, were approximately $223,000.

The lease for the 302 E. Millsap Rd. premises expires in 2009 and we sublet the premises in July 2002 to a third party for the period from July 15, 2002 until June 30, 2007. Our subtenant is responsible for all real estate taxes, insurance, utilities and maintenance on the 302 E. Millsap Rd. facility during the period of this sublease. Payment received by the Company under the sublease arrangement totaled $198,000 in 2004. We believe that the lease payments for this facility with the related party described above are on terms that are as favorable to us as those that could have been obtained from unaffiliated third parties.

During 2004, our Company had revenues of approximately $9.7 million from The Synapse Group, Inc. for services rendered. Mr. Loeb, who joined our Board in April 2000, is also the President and Chief Executive Officer of The Synapse Group, Inc., a Time Warner Company.

4/26/2004 Proxy Information

We lease our former corporate headquarters at 302 E. Millsap Rd. in Fayetteville, Arkansas from Brewer Investments II, LLC. The members of the limited liability company are Jerry T. Brewer and Kay Brewer, Mr. Jerry T. Brewer's spouse, who are the parents of Clete T. Brewer, one of our company's directors. The total lease payments to Brewer Investments II, LLC in 2003 for this lease from January 1, 2003 through December 31, 2003, approximated $222,960.

In September 1999, Mr. Brewer became Chairman of Edgewater Technology, Inc. and retained his position as our Chief Executive Officer until January 8, 2002 and our company's Non-Executive Chairman until May 22, 2002.

The lease for the 302 E. Millsap Rd. premises expires in 2009 and we sublet the premises in July 2002 to a third party for the period from July 15, 2002 until June 30, 2007. Our subtenant is responsible for all real estate taxes, insurance, utilities and maintenance on the 302 E. Millsap Rd. facility during the period of this sublease. We believe that the lease payments for this facility with the related party described above are on terms that are as favorable to us as those that could have been obtained from unaffiliated third parties.

During 2003, our company had revenues of approximately $11.8 million from The Synapse Group, Inc. for services rendered. Mr. Loeb, who joined our Board in April 2000, is also the President and Chief Executive Officer of The Synapse Group, Inc., a Time Warner Company.

We have entered into indemnity agreements with directors and the Named Executive Officers which provide, among other things, that we will indemnify such executive officer or director, under the circumstances and to the extent provide for therein, for expenses, damages, judgments, fines and settlements he or she may be required to pay in actions or proceedings which he or she is or may be made a party by reason of his or her position as a director, executive officer or other agent of our company, and otherwise to the full extent permitted under Delaware law and our company's amended and restated bylaws.

4/17/2003 Proxy Information

We lease our former corporate headquarters at 302 E. Millsap Rd. in Fayetteville, Arkansas from Brewer Investments II, LLC. The members of the limited liability company are Jerry T. Brewer and Kay Brewer, Mr. Brewer’s spouse, who are the parents of Clete T. Brewer, one of our company’s outside directors. The total lease payments to Brewer Investments II, LLC in 2002 for this lease from January 1, 2002 through December 31, 2002, approximated $223,000.

The lease for the 302 E. Millsap Rd. premises expires in 2009 and we sublet the premises in July 2002 to a third party for the period from July 15, 2002 until June 30, 2007. Our subtenant is responsible for all real estate taxes, insurance, utilities and maintenance on the 302 E. Millsap Rd. facility during the period of this sublease. We believe that the lease payments for this facility with the related party described above are on terms that are as favorable to us as those that could have been obtained from unaffiliated third parties.

During 2002, our company had revenues of approximately $12.3 million from the Synapse Group, Inc. for IT solutions services. Mr. Loeb, who joined our Board in April 2000, is also the President and Chief Executive Officer of The Synapse Group, Inc., an AOL/Time Warner Company.