Exhibit 4.5


 


REVOLVING
LOAN NOTE


 


	$3,000,000.00	Bethesda, Maryland

April 8, 2015


 


FOR VALUE RECEIVED,
PEOPLESERVE PRS, INC., a Massachusetts corporation (“Borrower”), hereby unconditionally promises to pay
to the order of MIDCAP FINANCIAL TRUST, a Delaware statutory trust (together with its successors and assigns, “Lender”)
at the office of Agent (as defined herein) at 7255 Woodmont Avenue, Suite 200, Bethesda, MD 20814, or at such other place
as Agent may from time to time designate in writing, in lawful money of the United States of America and in immediately available
funds, in the principal sum of Three Million and No/100 Dollars ($3,000,000.00), or, if less, the aggregate unpaid principal amount
of all Revolving Loans made or deemed made by Lender to Borrower under the terms of that certain Credit and Security Agreement
dated as of April 8, 2015 (as amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”),
by and among Borrower, various financial institutions as are, or may from time to time become, parties thereto as lenders (including
without limitation, Lender) and MidCap Financial Trust, individually as a Lender, and as administrative agent (in such capacity
and together with its successors and assigns, “Agent”). All capitalized terms used herein (which are not otherwise
specifically defined herein) shall be used in this Revolving Loan Note (this “Note”) as defined in the Credit
Agreement.


 


1.          The
outstanding principal balance of the Revolving Loans evidenced by this Note shall be payable in full on the Termination Date, or
on such earlier date as provided for in the Credit Agreement.


 


2.          This
Note is issued in accordance with the provisions of the Credit Agreement and is entitled to the benefits and security of the Credit
Agreement and the other Financing Documents, and reference is hereby made to the Credit Agreement for a statement of the terms
and conditions under which the Revolving Loans evidenced hereby were made and are required to be repaid.


 


3.          Borrower
promises to pay interest from the date hereof until payment in full hereof on the unpaid principal balance of the Revolving Loans
evidenced hereby at the per annum rate or rates set forth in the Credit Agreement. Interest on the unpaid principal balance of
the Revolving Loans evidenced hereby shall be payable on the dates and in the manner set forth in the Credit Agreement. Interest
as aforesaid shall be calculated in accordance with the terms of the Credit Agreement.


 


4.          Upon
and after the occurrence of an Event of Default, and as provided in the Credit Agreement, the Revolving Loans evidenced by this
Note may be declared, and immediately shall become, due and payable without demand, notice or legal process of any kind; provided,
however, that upon the occurrence of an Event of Default pursuant to the provisions of Section 10.1(e) or Section 10.1(f)
of the Credit Agreement, the Revolving Loans evidenced by this Note shall automatically be due and payable, without demand, notice
or acceleration of any kind whatsoever.


 




    	 



    	 



    

 


5.          Payments
received in respect of the Revolving Loans shall be applied as provided in the Credit Agreement. Amounts repaid hereunder may be
re-borrowed in accordance with the Credit Agreement.


 


6.          Presentment,
demand, protest and notice of presentment, demand, nonpayment and protest are each hereby waived by Borrower.


 


7.          No
waiver by Agent or any Lender of any one or more defaults by the undersigned in the performance of any of its obligations under
this Note shall operate or be construed as a waiver of any future default or defaults, whether of a like or different nature, or
as a waiver of any obligation of Borrower to Agent, Lender or any other lender under the Credit Agreement.


 


8.          No
provision of this Note may be amended, waived or otherwise modified unless such amendment, waiver or other modification is in writing
and is signed or otherwise approved by Borrower, the Required Lenders and any other lender under the Credit Agreement to the extent
required under Section 11.16 of the Credit Agreement.


 


9.          THIS
NOTE SHALL BE GOVERNED BY, AND SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH THE LAWS OF THE STATE OF MARYLAND WITHOUT REGARD
TO CONFLICTS OF LAW PRINCIPLES.


 


10.         Whenever
possible each provision of this Note shall be interpreted in such manner as to be effective and valid under applicable law, but
in case any provision of or obligation under this Note shall be invalid, illegal or unenforceable in any jurisdiction, the validity,
legality and enforceability of the remaining provisions or obligations, or of such provision or obligation in any other jurisdiction,
shall not in any way be affected or impaired thereby.


 


11.         Whenever
in this Note reference is made to Agent, Lender or Borrower, such reference shall be deemed to include, as applicable, a reference
to their respective successors and assigns. The provisions of this Note shall be binding upon Borrower and its successors and assigns,
and shall inure to the benefit of Lender and its successors and assigns.


 


12.         In
addition to and without limitation of any of the foregoing, this Note shall be deemed to be a Financing Document and shall otherwise
be subject to all of the general terms and conditions contained in Article 12 of the Credit Agreement, mutatis mutandis.


 


[SIGNATURES APPEAR ON FOLLOWING PAGE(S)]


 




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IN WITNESS WHEREOF,
intending to be legally bound, and intending that this agreement constitute an agreement executed under seal, the undersigned have
executed this Note under seal as of the day and year first hereinabove set forth.


 


	BORROWER:	 	PEOPLESERVE PRS, INC., a Massachusetts corporation
	 	 	 
	 	 	By: 	/s/ Linda Moraski	 (SEAL)
	 	 	Name: Linda Moraski
	 	 	Title: CEO and President