September 3, 2009
 
 
ClearPoint Business Resources, Inc.
1600 Manor Drive
Suite 110
Chalfont, PA  18914
 
Re:
Debt Extension Agreement Amendment

 
Dear Sirs:
 
Reference is made to the Promissory Note dated as of August 14, 2006 in the
original principal amount of $450,000 issued by ClearPoint Business Resources,
Inc. (“ClearPoint”) to Shareholders of Staffbridge, Inc. (“Lender”), as amended
by that certain Amendment to Note dated December 31, 2007 further amended by the
Debt Extension Agreement dated June 30, 2008 and subsequently the Debt Extension
Agreement date December 31, 2008 for the balance due for work performed as a
contractor to ClearPoint by Lender (the “Note”).
 
Lender hereby agrees to further amend the Note as follows.  The current
outstanding balance of the Note of $177,517.50 shall be paid according it to the
following schedule:  (i) monthly payments of 16,137.95 commencing February 15,
2010, (ii) Accrued but unpaid interest as of August 31, 2009 amounting to $4,732
plus interest for the period of September 1, 2009 through January 31, 2010 of
$5,915 will be paid monthly in the amount of $967.91 commencing February 15,
2010 in addition to amounts stated in (i) above.
 
This agreement shall be binding upon and inure to the benefit of the successors
and permitted assigns of the Lender and the addresses hereof.  This Agreement
may not be amended of modified, nor any provision hereof be waived, without the
prior written consent of the party to be charged therewith. This Agreement shall
be governed by and construed in accordance with the laws of the Commonwealth of
Pennsylvania.
 
 
[SIGNATURES ON FOLLOWING PAGE]
 

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  Very truly yours,                 SHAREHOLDER OF STAFFBRIDGE                  
By:
/s/ Scott Nieh       Name:  Scott Nieh                             SHAREHOLDER
OF STAFFBRIDGE                     By: /s/ Nigel Liu       Name:  Nigel Liu  

 
Acknowledged and Agreed:
 

ClearPoint Resources, Inc.                                 By: /s/ John G.
Phillips        
Name:  John G. Phillips
       
Title:  CFO
     

[SIGNATURE PAGE TO DEBT EXTENSION AGREEMENT DATED September 3, 2009]
 

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