Exhibit 10.3

DEBT PURCHASE AGREEMENT

This Debt Purchase Agreement (“Debt Purchase Agreement”) is made and entered
into effective as of August 7, 2009 by and among Gary B. Wolff (“GBW”), JW
Financial, LLC, (“JW”) and HPC POS System, Corp. (“HPC”).

WHEREAS, the parties to this Debt Purchase Agreement desire to modify that a
certain promissory note dated May 1, 2009 (the “Promissory Note”) executed
between GBW and HPC by selling, assigning, transferring and conveying the rights
and interests to partial payment of the Promissory Note in the amount of fifty
thousand ($50,000) dollars from GBW to JW.

NOW, THEREFORE, for good and valuable consideration, the receipt of which is
hereby acknowledged, the parties hereby agree as follows:

1.

Transfer and Assignment.

As permitted by HPC, GBW hereby sells, assigns, transfers, and conveys unto JW
its rights and interests to receive payments in the amount of $12,500 under the
Promissory Note. The remaining rights and interests in the balance of the Debt,
if any, will remain with GBW.

2.

Consideration. Consideration to be paid to GBW shall be a total of $12,500

3.

Agreement to be bound. HPC POS agrees to be bound by all the terms and
conditions applicable to GBW under the Debt.

4.

Entire Agreement. This Debt Purchase Agreement embodies the entire agreement
between GBW and JW and supersedes any prior agreements, whether written or oral
with respect to the subject matter thereof.

5.

Successors. This Debt Purchase Agreement shall be binding upon and shall inure
to the benefit of each of the parties to this Debt Purchase Agreement and each
of their respective successors and assigns.

6.

Counterparts. This Debt Purchase Agreement may be executed in any number of
counterparts, each of which shall be deemed to be an original as against any
party whose signature appears thereon and all of which together shall constitute
one instrument.

(Remainder of page intentionally left blank: signature page to follow)

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IN WITNESS WHEREOF, the parties hereto have caused this Debt Purchase Agreement
to be duly executed and delivered as of the date first written above.

Gary B. Wolff, P.C.

 

 

 

/s/ Gary B. Wolff

 

Name: Gary B. Wolff

 

Its: President and Sole Owner

 

 

 

JW Financial, LLC

 

 

 

/s/ J. Scott Watkins

 

Name: J. Scott Watkins

 

Its: President

 

 

 

ACCEPTED, ACKNOWLEDGED AND APPROVED

HPC POS System, Corp.

 

 

 

/s/ Melvin W. Coles

 

Name: Melvin W. Coles

 

Its: President

 

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