Document:

June 19, 2002

ACKNOWLEDGEMENT AGREEMENT (the "Agreement") BETWEEN:

                                 THINKPATH INC.
                55 University Avenue, Suite 400, Toronto, Ontario

                                       and

                          George Georgiou ("Georgiou")
              10065 Pineview Trail, Campbellville, Ontario, L0P 1B0

This Agreement serves to confirm that Thinkpath Inc. requires business advisory
counsel from Georgiou.

Georgiou will receive consideration of 1,000,000 (one million) newly issued
shares of THTH, plus 7% GST, which upon S-8 registration will only have volume
restrictions. (sale of these shares restricted to the average of the last 4
weeks volume) Share certificates will be delivered by June 21, 2002 at 12:00 PM.
The shares will be delivered as to the direction of Georgiou. Thinkpath will
file an S-8 registration statement covering these shares no later than June
26th.

The consideration will be non-refundable.

Georgiou has not made any representations or warranties regarding this
Agreement, including, but not limited to, a capital raising transaction.

The agreement is entered into and effective this 19th day of June 2002 and the
parties hereto agree to enter into a definitive consulting agreement no later
than June 24th, 2002.

/s/ DECLAN FRENCH                                  /S/ KELLY HANKINSON
-------------------------                          ----------------------------
Declan French, CEO                                 Kelly Hankinson, CFO
As authorized signatory of Thinkpath Inc.          As witness for Thinkpath Inc.
with the authority to bind the corporation

<PAGE>

                          BUSINESS CONSULTING AGREEMENT

Between:

                Thinkpath Inc.

                                        (Hereinafter: The "Company")

                                                                    ON ONE PART;
                                                                    ------------

and:

                George Georgiou ,

                                        (Hereinafter: The "Business Consultant")

                                                             ON THE SECOND PART;
                                                             -------------------

           WHEREAS, the Company requires business advisory services and the
Business Consultant will provide such services.

           WHEREAS, the Company therefore desires to retain the Business
Consultant to assist the Company in providing those business advisory services
and relating to strategic alternatives, corporate structuring, due diligence,
mergers and acquisitions and negotiating with debtors and potential investors
("Services").

          WHEREAS the Business Consultant has agreed to provide the Services to
the Company on the terms and conditions set forth in this Agreement.

          NOW THEREFORE in consideration of the premises and mutual agreements
and covenants hereinafter set forth, the parties hereto agree as follows:

                                    ARTICLE 1

1          BUSINESS CONSULTANT'S AGREEMENT

              SECTION 1.1     APPOINTMENT OF BUSINESS CONSULTANT. The Company
hereby appoints the Business Consultant to perform the Services for the benefit
of the Company and the Company hereby authorizes the Business Consultant to
exercise such powers as provided under this Agreement. The Business Consultant
accepts such appointment on the terms and conditions herein set forth and agrees
to provide the Services.

                                      -1-
<PAGE>

              SECTION 1.2 PERFORMANCE OF AGREEMENT. During the term of this
Agreement, the Business Consultant shall devote reasonable time, attention, and
ability to the business of the Company for the performance of the Services
pursuant to this Agreement. Nothing contained herein shall be deemed to require
the Business Consultant to devote his exclusive time, attention and ability to
the business of the Company. During the term of this Agreement, the Business
Consultant shall, and shall cause each of his agents assigned to performance of
the Services on behalf of the Business Consultant, to:

                    a. at all times perform the Services faithfully, diligently,
to the best of his abilities and in the best interests of the Company;

                    b. devote reasonable time, labor and attention to the
business of the Company for the performance of the Services hereunder, and;

                    c. refrain from acting in any manner contrary to the best
interests of the Company or contrary to the duties of the Business Consultant as
contemplated herein.

              SECTION 1.3 AUTHORITY OF BUSINESS CONSULTANT. The Business
Consultant shall have no right or authority, express or implied, to commit or
otherwise obligate the Company in any manner whatsoever except to the extent
specifically provided herein or specifically authorized in writing by the
Company.

              SECTION 1.4 INDEPENDENT BUSINESS CONSULTANT. In performing the
Services, the Business Consultant shall be an independent contractor and not an
employee or agent of the Company, except that the Business Consultant shall be
the agent of the Company solely in circumstances where the Business Consultant
must be the agent to carry out his obligations as set forth in this Agreement.
Nothing in this Agreement shall be deemed to require the Business Consultant to
provide the Services exclusively to the Company and the Business Consultant
hereby acknowledges that the Company is not required and shall not be required
to make any remittances and payments required of employers under Ontario law on
the Business Consultant's behalf and the Business Consultant or any of his
agents shall not be entitled to the fringe benefits required by Ontario law and
provided by the Company to its employees.

                                   ARTICLE 2

                              COMPANY'S AGREEMENTS

              SECTION 2.1 COMPENSATION OF BUSINESS CONSULTANT. As a result of
the present inability of the Company to pay a cash fee for the Services to be
provided by the Business Consultant, the Company shall, in lieu of a cash fee,
compensate the Business Consultant by means of granting equity in the Company.
The Company agrees to issue to the Business Consultant 1,000,000 (one million)
common shares of Thinkpath Inc. which trade on Nasdaq small cap under the symbol
THTH plus 7% Canadian Goods and Services Tax ("GST"). The Company further agrees
to file an S-8 registration statement by June 26, 2002 to qualify and make free
trading such issued shares, which shares shall be subject only to the volume
sales restrictions outlined in Rule 144 under the Securities Act, 1933. The
Business Consultant shall not be entitled to any cash compensation from the
Company or any successor thereto save for the 7% GST.

                                      -2-
<PAGE>

                                    ARTICLE 3

                                      TERM

              SECTION 3.1 EFFECTIVE DATE. This Agreement shall become effective
on June 24th 2002 (the "Effective Date"), and shall continue for a period of one
(1) year from the Effective Date or until Terminated pursuant to the terms of
this Agreement ("Term").

              SECTION 3.2 TERMINATION. This Agreement may be terminated by
either party at any time, with or without cause, upon written notice to that
effect to the other party, provided that the Business Consultant will be
entitled to his full fee outlined in section 2.1

              SECTION 3.3 DUTIES UPON TERMINATION. Upon termination of this
Agreement for any reason, the Business Consultant shall promptly deliver, in
accordance with the instructions of the Company, all documents pertaining to the
Company or this Agreement, including but not limited to, all books of account,
correspondence and contracts.

                                    ARTICLE 4

                                 CONFIDENTIALITY

              SECTION 4.1 CONFIDENTIALITY The Business Consultant shall not,
except as authorized or required by his duties, reveal or divulge to any person
or companies any of the trade secrets, secret or confidential operations,
processes or dealings or any information concerning the organization, business,
finances, transactions or other affairs of the Company, which may come to his
knowledge during the term of this Agreement and shall keep in complete secrecy
all confidential information entrusted to him and shall not use or attempt to
use any such information in any manner which may injure or cause loss, either
directly or indirectly, to the Company's business or may be likely so to do.
This restriction shall continue to apply after the termination of this Agreement
without limit in point of time but shall cease to apply to information or
knowledge, which may come into the public domain.

              The Business Consultant shall comply, and shall cause his agents
to comply, with such directions, as the Company shall make to ensure the
safeguarding or confidentiality of all such information. The Company may require
that any agent of the Business Consultant execute an agreement with the Company
regarding the confidentiality of all such information.

              SECTION 4.2 OTHER ACTIVITIES. The Business Consultant shall not be
precluded from acting in a function similar to that contemplated under this
Agreement for any other person, firm or company.

                                   ARTICLE 5

                                 MISCELLANEOUS

              SECTION 5.1 WAIVER; CONSENTS. No consent, approval or waiver,
express or implied, by either party hereto, to or of any breach of default by
the other party in the performance by the other party of its obligations
hereunder shall be deemed or construed to be a consent or waiver to or of any
other breach or default in the performance by such other party of the same or
any other obligations of such other party or to declare the other party in
default, irrespective of how long such failure continues, shall not constitute a
general waiver by such party of its rights under this Agreement, and the
granting of any consent or approval in any one instance by or on behalf of the
Company shall not be construed to waiver or limit the need for such consent in
any other or subsequent instance.

                                      -3-
<PAGE>

              SECTION 5.2 Governing Law; Jurisdiction. This Agreement and all
matters arising thereunder shall be governed by the laws of the Province of
Ontario

              SECTION 5.3 BINDING EFFECT; ASSIGNMENT; This Agreement and all of
its provisions, rights and obligation shall be binding and shall inure to the
benefit of the parties hereto and their respective successors, heirs and legal
representatives. This Agreement may not be assigned by any party except with the
written consent of the other party hereto provided however that any benefit and
Compensation provided herein may be assigned without the consent of the other
party hereto.

              SECTION 5.4 ENTIRE AGREEMENT AND MODIFICATION. This Agreement
constitutes the entire agreement between the parties hereto and supersedes all
prior agreements and undertakings, whether oral or written, relative to the
subject matter hereof. To be effective any modification of this Agreement must
be in writing and signed by the party to be charged thereby.

              SECTION 5.5 SEVERABILITY. If any provision of this Agreement for
any reason shall be held to be illegal, invalid or unenforceable, such
illegality shall not affect any other provision of this Agreement, but this
Agreement shall be construed as if such illegal, invalid or unenforceable
provision had never been included therein.

              SECTION 5.6 HEADINGS. The headings of the Sections and Articles of
this Agreement are inserted for convenience of reference only and shall not in
any manner affect the construction or meaning of anything herein contained or
govern the rights or liabilities of the parties hereto.

              SECTION 5.7 INDEMNITY. The Company, its directors and officers
agree to indemnify and hold harmless Business Consultant to the full extent
lawful against any and all claims, losses, damages, liabilities, costs and
expenses arising out of, or related to, his role with The Company.

              SECTION 5.8 NOTICES. All notices, requests and communications
required or permitted hereunder shall be in writing and shall be sufficiently
given and deemed to have been received upon personal delivery, respectively
addressed to the Company or the Business Consultant as follows:

The Company:  Thinkpath Inc...................The Business   George Georgiou,
              55 University Ave               Consultant:    10065 Pineview Tr.
              Suite 400,                                     Campbellville, ON
              Toronto Ontario M5J2H7                         L0P 1B0

Attention:     Declan French,
               CEO

                                      -4-
<PAGE>

              SECTION 5.8 FURTHER ASSURANCES. The parties hereto agree from time
to time after the execution hereof to make, do, execute or cause or permit to be
made, done or executed all such further and other lawful acts, deeds, things,
devices and assurances in law whatsoever as may be required to carry out the
true intention and to give full force and effect to this Agreement.

              IN WITNESS WHEREOF, the parties have duly executed this Agreement
as of the 24th day of June 2002.

Thinkpath Inc..                                    George Georgiou,

/S/ DECLAN FRENCH                                  /S/ GEORGE GEORGIOU
-------------------------------                    --------------------------
By Declan French                                   George Georgiou
      CEO                                          The Business Consultant

/S/ KELLY HANKINSON
-------------------------------
As Witness: Kelly Hankinson, CFO

                                      -5-
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Exhibit 10.2.1    
  

 
 

FIRST AMENDMENT TO
  AMENDED AND RESTATED CREDIT AGREEMENT    
  

        THIS FIRST AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT (this "Amendment") is made and entered into as of the 17th day of June, 2002 by and
among APCOA/Standard Parking, Inc., a Delaware corporation (the "Company"), Bank One, NA in its capacity as a "Lender" (as hereinafter defined), and LaSalle Bank National Association
("LaSalle"), a national banking association, as agent for the Lenders (in such capacity, the "Agent"). 

W I T N E S S E T H:  

        WHEREAS, the Agent and the Company are party to that certain Amended and Restated Credit Agreement dated as of
January 11, 2002 (as such agreement may be further amended, restated, modified or supplemented and in effect from time to time, the "Credit Agreement"), along with the lenders party thereto
from time to time (including without limitation, Bank One, NA) (collectively, the "Lenders" and individually, a "Lender"); and 

        WHEREAS, Bank One and LaSalle are the only Lenders to the Credit Agreement as of the date hereof; and 

        WHEREAS, in connection with the Credit Agreement, AP Holdings, Inc., a Delaware corporation (the "Parent"), the owner of 100% of
the issued and outstanding common stock of the Company, and certain domestic subsidiaries of the Company (the "Guarantors") executed and delivered to Agent, for the benefit of the Lenders, that
certain Amended and Restated Guaranty dated as of January 11, 2002 (as it may be further amended, restated, modified or supplemented and in effect from time to time, the "Guaranty"); and 

        WHEREAS, certain of the Guarantors will be consolidated or otherwise reorganized as of June 30, 2002, such that (i) new
entities will be created and will become guarantors of the Company's obligations pursuant to the Credit Agreement as of that date, (ii) certain of the Guarantors will cease to exist as of that
date, and (iii) only APCOA Bradley Parking Company, LLC, a Connecticut limited liability company, APCOA LaSalle Parking Company, LLC, a Louisiana limited liability company, Hawaii Parking
Maintenance, Inc., a Hawaii corporation, and Standard Auto Park, Inc., an Illinois corporation currently exist as Guarantors and will continue to exist as Guarantors as of that date
(collectively, such Guarantors together with Parent are referred to herein as "Continuing Guarantors"); and 

        WHEREAS, the Agent, the Lenders and the Company desire to amend the Credit Agreement in certain respects, as hereinafter described in this
Amendment; 

        NOW THEREFORE, in consideration of the mutual conditions and agreements set forth in the Credit Agreement and this Amendment, and other
good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows: 

        1.    Definitions.    Capitalized terms used in this Amendment, unless otherwise defined herein, shall have the
meaning ascribed to such terms in the Credit Agreement. 

        2.    Amendments.    The Loan Documents are hereby amended as follows: 

        (a)  Subsection
5.2(l)(2) of the Credit Agreement is hereby deleted in its entirety and replaced with the following: 

(2)
the Company or any Subsidiary may pay or issue to Parent or Affiliates such amounts or dividends which in the aggregate do not exceed in any fiscal quarter an amount equal to the lesser of
$750,000 or an amount equal to 50% of the amount of Excess Cash Flow times one-fourth (collectively, the "Affiliate Amount"), provided that (i) such payments do not violate any
other terms or provisions of this Agreement, (ii) no Unmatured Event 

 

or Event of Default exists or would be caused by such payment, and (iii) the calculation of Excess Cash Flow and the Affiliate Amount shall be delivered to the Agent concurrently with the
financial statements required pursuant to Section 5.1(d)(iii) of this Agreement, and the Agent shall have five (5) Business Days from the date the Company's
Form 10-Q is filed with the SEC in which to review and
approve or disapprove such calculation, and the Affiliate Amount shall be paid upon approval of such calculation, and (iv) the payment of the Affiliate Amount shall begin for the fiscal quarter
ending March 31, 2002 and shall continue for each fiscal quarter thereafter; 

        (b)  Subsection
5.2(l)(5) of the Credit Agreement is hereby deleted in its entirety and replaced with the following: 

(5)
the Company may use a maximum of $1,000,000 out of the payment received by the Company pursuant to the cancellation of certain Facility Management Agreements to redeem shares of Series C
Preferred Stock owned by the Parent; provided, however, that the Parent must use, or return to the
Company, 100% of such redemption payment by July 1, 2002, to repurchase (directly, or indirectly in accordance with the transactions disclosed to the Lenders as of the date hereof) and retire a
portion of the Parent's Senior Discount Notes; provided, further, that the Company shall immediately provide copies to the Agent of all documents,
certificates, instruments and agreements executed in connection with the Parent's direct or indirect repurchase and retirement of the Parent's Senior Discount Notes; 

        (c)  The
other Loan Documents are hereby amended in accordance with the foregoing amendments to the Credit Agreement, to the extent such amendments are applicable to each
other Loan Document. 

        3.    Reaffirmation and Confirmation of Security Interest.    The Company and the Guarantors hereby confirm to the
Agent that each have granted to the Agent, for the benefit of the Lenders, a security interest in or lien upon substantially all of their respective property, including, without limitation, all the
property described in the Security Documents, in order to secure the obligations of the Company to the Agent and the Lenders pursuant to the Credit Agreement. The Company and each Guarantor hereby
reaffirms its respective grant of such security interest and lien to the Agent, for the benefit of the Lenders, for such purpose in all respects. 

        4.    Reaffirmation and Confirmation of Guaranties.    The Guaranty, as amended, is hereby reaffirmed as of the date
hereof in all respects by each of the Continuing Guarantors and shall continue from and after the date hereof and shall remain in full force and effect, as amended, from and after the date hereof, and
the obligations guaranteed under the Guaranty shall include the Company's obligations under the Credit Agreement and the other Loan Documents, as amended. 

        5.    Representation and Warranties.    To induce the Agent and the Lenders to enter into this Amendment, the Company
and the Continuing Guarantors hereby represent and warrant to the Agent and the Lenders that: 

        (a)  Since
December 31, 2001, there has been no development or event, which has had or could reasonably be expected to have a material adverse effect on the Company's
or the Continuing
Guarantors' respective businesses or financial condition. No Event of Default or Unmatured Event has occurred or would occur after giving effect to this Amendment. 

        (b)  The
Company and the Continuing Guarantors each have the corporate power and authority, and the legal right, to make and deliver this Amendment and to perform all of
their respective obligations under the Loan Documents, as amended by this Amendment, and each has taken all necessary corporate action to authorize the execution and delivery of this Amendment. 

2

 

        (c)  When
executed and delivered, this Amendment and each Loan Document, as amended by this Amendment, will constitute legal, valid and binding obligations of the Company or
the Continuing Guarantors, as applicable, enforceable against each signatory thereto, in accordance with their respective terms, except as affected by bankruptcy, insolvency, reorganization,
moratorium and other similar laws relating to or affecting the enforcement of creditors' rights generally, and general equitable principles (whether considered in a proceeding in equity or at law). 

        (d)  The
representations and warranties made by the Company and the Continuing Guarantors in the Loan Documents to which each is a party are true and correct in all material
respects on and as of the date hereof, before and after giving effect to the effectiveness of this Amendment, as if made on and as of this date, other than those that relate to an earlier or specific
date. 

        6.    Miscellaneous.    

        (a)    Captions.    Section captions and headings used in this Amendment are for convenience only and are not part of
and shall not affect the construction of this Amendment. 

        (b)    Governing Law.    This Amendment shall be a contract made under and governed by the laws of the State of
Illinois, without regard to conflict of laws principles. Whenever possible, each provision of this Amendment shall be interpreted in such a manner as to be effective and valid under applicable law,
but if any provision of this Amendment shall be prohibited by or invalid under such law, such provision shall be ineffective to the extent of such prohibition or invalidity, without invalidating the
remainder of such provision or the remaining provisions of this Amendment. 

        (c)    Severability.    Any provision of this Amendment held by a court of competent jurisdiction to be invalid or
unenforceable shall not impair or invalidate the remainder of this Amendment and the effect thereof shall be confined to the provision so held to be invalid or unenforceable. 

        (d)    Counterparts; Facsimile Signature.    This Amendment may be executed in one or more counterparts, each of which
shall be deemed to be an original, but all of which shall together constitute but one and the same document. This Amendment may be executed by facsimile signature, and any such facsimile signature by
any party hereto shall be deemed to be an original signature and shall be binding on such party to the same extent as if such facsimile signature were an original signature. 

        (e)    Successors and Assigns.    This Amendment shall be binding upon and inure to the benefit of the parties hereto
and their respective successors and permitted assigns. 

        (f)    References.    From and after the date of execution of this Amendment, any reference to any of the Loan
Documents contained in any notice, request, certificate or other instrument, document or agreement executed concurrently with or after the execution and delivery of this Amendment shall be deemed to
include this Amendment unless the context shall otherwise require. 

        (g)    Continued Effectiveness.    Notwithstanding anything contained herein, the terms of this Amendment are not
intended to and do not serve to effect a novation as to the Credit Agreement, the Notes or any other Loan Document. The parties hereto expressly do not intend to extinguish the Credit Agreement or any
other Loan Document. Instead, it is the express intention of the parties hereto to reaffirm the indebtedness created under the Credit Agreement, as evidenced by the Notes, and as secured by the
collateral described in the Security Documents. The Loan Documents, except as modified hereby, remain in full force and effect and are hereby reaffirmed in all respects. 

        (h)    Successors and Assigns.    This Amendment shall be binding upon and inure to the benefit of the parties hereto
and their respective successors and assigns. 

        [Balance of page intentionally left blank; signature page follows.]

3

        IN WITNESS WHEREOF, the parties hereto have caused this First Amendment to Amended and Restated Credit Agreement to be duly executed under seal and delivered by their respective duly
authorized officers on the date first above written. 

	 	 	APCOA/STANDARD PARKING, INC.
	

 	
 	

By:	

/s/  JAMES A. WILHELM      
 James A. Wilhelm
 President and Chief Executive Officer
	

 	
 	

LASALLE BANK NATIONAL ASSOCIATION,

as Agent and a Lender
	

 	
 	

By:	

/s/  SEAN P. SILVER      
	 	 	Name:	Sean P. Silver
	 	 	Title:	Vice President
	

 	
 	

BANK ONE, NA, as a Lender
	

 	
 	

By:	

/s/  THOMAS T. BOWER      
	 	 	Name:	Thomas T. Bower
	 	 	Title:	Senior Vice President

[Continuing
Guarantor Signature Page to First Amendment to Amended and Restated Credit Agreement] 

ACKNOWLEDGED
AND AGREED, this

17th day of June, 2002: 

	AP Holdings, Inc.	 	 	 
	

By:	
 	

/s/  G. MARC BAUMANN      
 G. Marc Baumann
 Treasurer	

 	

 
	

APCOA Bradley Parking Company, LLC	

 	

 
	 	 	By:	 	APCOA/Standard Parking, Inc., its sole member and manager
	

 	
 	

 	
 	

By:	
 	

/s/  JAMES A. WILHELM      
 James A. Wilhelm
 President and Chief Executive Officer	

 
	

APCOA LaSalle Parking Company, LLC	

 	

 
	 	 	By:	 	APCOA/Standard Parking, Inc., its sole member and manager
	

 	
 	

 	
 	

By:	
 	

/s/  JAMES A. WILHELM      
 James A. Wilhelm
 President and Chief Executive Officer	

 
	

Hawaii Parking Maintenance, Inc.	

 	

 
	

By:	
 	

/s/  JAMES A. WILHELM      
 James A. Wilhelm
 President	

 	

 
	

Standard Auto Park, Inc.	

 	

 
	

By:	
 	

/s/  JAMES A. WILHELM      
 James A. Wilhelm
 President	

 	

 

QuickLinks

Exhibit 10.2.1

FIRST AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT

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