Document:

<PAGE>

                                                                    Exhibit 10.8

February 23, 2001

Hank Johnson
336 Golf View Road, #909
North Palm Beach, FL

Dear Hank:

On behalf of BCT International, I am delighted to extend to you the position of
Sr. Executive Vice President/Director of BCTI.  This letter follows our earlier
conversations and I am anxious to have you start and glad you are coming to BCT.
Terms and conditions of this offer, which you have orally accepted are as
follows:

1.  Position and Title
    ------------------

    o  Sr. Executive Vice President/Director of BCTI

2.  Compensation and Bonus
    ----------------------

    o  Initial base compensation of $130,000 per year.

    o  In addition, you will be eligible for an annual target incentive bonus.
       The target will change each fiscal year as will the "weight" given to the
       company achieving its EBITDA plan each year.

3.  Period of Employment
    --------------------

    o  This contract is for 2 years beginning February 26, 2001, and ending
       February 25, 2003.

    o  In the event of termination without cause at anytime during your
       employment, the amount of severance will be equal to 6 months of your
       then current base compensation.

    o  For purposes of this agreement, "cause" will be defined as any willful
       breach of duty by the employee in the course of his employment, or in the
       case of the habitual neglect of his duty on continued incapacity to
       perform it.

4.  Other Benefits
    --------------

    o  You are to receive insurance, medical and dental benefits currently
       available as per existing policies.

<PAGE>

    o  Vacation will be 3 weeks per year.

    o  The Company to provide you a $500 per month automobile allowance.

    o  You are to receive other benefits, including participation in the 401K
       plan currently available to members of senior management, and will be
       subject to the policies and terms outlined in the Company's human
       resource policy manual.

Hank, this offer and the terms and conditions included herein represent a formal
offer of employment.

Best regards,

Bill Wilkerson
Chairman & CEO

BW/sc

Please acknowledge your acceptance of the terms and conditions of this offer by
signing and returning one copy of this letter.

                                               Hank Johnson
                                               ----------------------------
                                               By:  Hank Johnson

                                               Date:   2/26/01
                                                      ---------------------<PAGE>

                                                                    Exhibit 10.9

                                   AGREEMENT

       This Agreement is dated as of May 25, 2001, among William A. Wilkerson
("Wilkerson"), Val Antrim and Rosemary Antrim (collectively, "Antrim"), South
Pacific Wholesale Printers, Inc., a Hawaii corporation ("SPWP"), and Business
Cards Tomorrow, Inc., a Florida corporation ("BCT").

       WHEREAS, Wilkerson and Antrim each own 50% of the common stock of SPWP
(the "SPWP Stock"), and SPWP owns and operates BCT's franchised plant #3045,
based in Honolulu, Hawaii (the "Hawaii Plant"), pursuant to the franchise
agreement dated as of February 28, 1996, among Wilkerson, Antrim and BCT.

       WHEREAS, as of this date, SPWP, Wilkerson and Antrim owe an aggregate
of $1,313,730.03 (the "Debt") to BCT as follows:

       1. $320,240.95 principal plus $120,481.76 accrued interest,
          for an aggregate of $440,722.71 pursuant to the $325,000 promissory
          note issued by Antrim and Wilkerson to BCT on February 8, 1996, in
          connection with their acquisition of the Hawaii Plant.

       2. $100,560.04 principal plus $37,832.91 accrued interest,
          for a total of $138,392.95, pursuant to the $108,008.51 promissory
          note issued by Antrim and Wilkerson to BCT as of March 11, 1996, in
          connection with their acquisition of the Hawaii Plant.

       3. $20,000.00 principal plus $7,410.99 accrued interest, for
          a total of $27,410.99, pursuant to the $20,000 promissory note dated
          September 13, 1996, issued by Antrim and Wilkerson to BCT.

       4. $25,000.00 principal plus $9,115.39 accrued interest, for
          a total of $34,115.89, pursuant to the $25,000 promissory note dated
          October 10, 1996, issued by Antrim and Wilkerson to BCT.

       5. $20,000.00 principal plus $7,019.78 accrued interest, for
          a total of $27,019.78, pursuant to the $20,000 promissory note dated
          December 12, 1996, issued by Antrim and Wilkerson to BCT.

       6. $131,137.12 for accrued royalties.

       7. $321,553.36 for purchases of paper and other inventory.

<PAGE>

       8. $167,377.23 for advances to Antrim and Wilkerson.

       9. $26,000.00 for other advances to SPWP.

       WHEREAS, Antrim wishes to sell his interest in SPWP to BCT, and BCT
wishes to purchase same and Wilkerson is willing to consent to same, pursuant to
the terms and conditions of this Agreement.

       NOW THEREFORE, in consideration of the mutual covenants contained
herein and other good and valuable consideration, the receipt and sufficiency of
which are hereby acknowledged, the parties agree that the foregoing recitals are
true and correct and further agree as follows:

       1.  Antrim hereby sells, assigns, conveys and delivers to BCT the 500
shares of SPWP common stock owned by Antrim (the "Antrim Stock"), free and clear
of all liens, claims and encumbrances.  Immediately upon the execution of this
Agreement, Antrim shall deliver to BCT a certificate for the Antrim Stock duly
endorsed to BCT.

       2.  In consideration of the transfer of the Antrim Stock to BCT, BCT
hereby waives its right to collect accrued interest on the Debt and its right to
collect 50% of the principal amount of the Debt.  Further, immediately upon the
execution of this Agreement, BCT shall execute and deliver to Antrim a general
release in the form attached hereto as Exhibit "A," and Antrim shall execute and
deliver to BCT a general release in the form attached as Exhibit "B."

       3.  Wilkerson shall remain liable for the $566,000 principal balance
of the Debt to BCT relating to the Hawaii Plant.  The remaining Debt shall be
evidenced by a $566,000 promissory note to be executed by Wilkerson immediately
upon the execution of this Agreement in the form attached as Exhibit "C,"
providing for monthly payments of $____________, including principal and
interest, for five years at an interest rate of 8 %; provided, however, that
payments on the Note prior to maturity shall be due only to the extent of
Wilkerson's 50% share of the net cash flow of SPWP (the "Renewal Note").  The
Renewal Note shall be due and payable in full on May 25, 2006.  All of the
promissory notes described on page 1 of this Agreement shall be cancelled
immediately upon the execution of this Agreement.

       4.  BCT agrees to replace Antrim and be fully bound by the terms and
conditions of the Stock Subscription and Shareholders Agreement dated as of
February 23, 1996, among Antrim, Wilkerson and SPWP.

       5.  SPWP shall be managed by a two-member board of directors --- BCT's
designee and Wilkerson --- and by officers duly elected by the board of
directors.

<PAGE>

       6. This Agreement shall be governed by and construed in accordance with
the laws of the State of Florida.

                            BUSINESS CARDS TOMORROW, INC.

                            By:_____________________________

                            SOUTH PACIFIC WHOLESALE PRINTERS, INC.

                            By:______________________________

                            _________________________________
                            William A. Wilkerson

                            _________________________________
                            Val Antrim

                            ________________________________
                            Rosemary Antrim<PAGE>

                                                                    EXHIBIT 10.1

                     FIRST AMENDMENT TO PURCHASE AGREEMENT
                     -------------------------------------

          This FIRST AMENDMENT TO PURCHASE AGREEMENT (this "Amendment"), dated
as of April 19, 2001, by and between Transit Group, Inc., a Florida corporation
having an office at 2859 Paces Ferry Road, Suite 1740, Atlanta, Georgia  30339
(the "Company"), and GE Capital Equity Investments, Inc., a Delaware corporation
having an office at 120 Long Ridge Road, Stamford, Connecticut 06927 (the
"Purchaser").

                             W I T N E S S E T H :
                             -------------------

          WHEREAS,  Company and Purchaser have previously entered into that
certain Purchase Agreement dated May 13, 1999 (the "Purchase Agreement") whereby
Purchaser acquired 5,000,000 shares of the Company's Series A Convertible
Preferred Stock, no par value per share;

          WHEREAS, Company desires to issue and sell to Purchaser, and Purchaser
desires to purchase from Company, upon the terms and conditions hereinafter
provided, 400,000 shares of Company's Series B Convertible Preferred Stock, no
par value per share, the terms, preferences and limitations of which are set
forth in the Certificate of Designations attached as Exhibit "A" hereto (the
                                                     -----------
"Series B Convertible Preferred Stock"); and

          WHEREAS, the parties hereto desire to amend the Purchase Agreement to
provide for the purchase of Series B Convertible Preferred Stock as set forth
herein.

          NOW, THEREFORE, in consideration of the premises and the covenants
hereinafter contained, it is agreed as follows:

I.  The Purchase Agreement is hereby amended to add a new Article II.B. as
follows:

    II.B. THE PURCHASE OF SERIES B CONVERTIBLE PREFERRED STOCK

          2.B.1.  Purchase of Series B Convertible Preferred Stock.  Subject to
                  ------------------------------------------------
     the terms and conditions set forth in this Agreement, Purchaser herewith
     purchases from Company, and Company herewith issues and sells to Purchaser
     a total of 400,000 shares of its Series B Convertible Preferred Stock (the
     "Series B Preferred Stock") containing the terms, preferences and
     limitations set forth in Exhibit "A" to this Agreement, for an aggregate
                              -----------
     purchase price of $2,000,000, payable in full simultaneously herewith.

          The Company has herewith delivered to Purchaser a certificate
     representing the Series B Convertible Preferred Stock purchased by
     Purchaser registered in such names and in such denominations as Purchaser
     has requested against delivery by Purchaser of the purchase price therefor
     by wire transfer of funds to the account of Company.
<PAGE>

          2.B.2.  Use of Proceeds.  Company shall use the proceeds of the sale
                  ---------------
     of the Series B Convertible Preferred Stock to provide for its working
     capital, including repayment of revolving credit indebtedness.

II.  COVENANTS
     ---------

          Section 5.1 of the Purchase Agreement is hereby amended by adding the
          -----------
following subsections to the end of such Section:

          (l)  The Company will not replace or remove its current Chief
Financial Officer without Purchaser's consent and with the concurrence of T.
Wayne Davis, Chairman of the Board of Directors of the Company.

          (m)  The Company will deliver to Purchaser within twenty (20) days of
the end of each calendar month (i) a profit and loss statement, (ii) a balance
sheet, (iii) a cash flow statement and (iv) a report on the aging of receivables
with respect to each such month. The senior management of the Company shall be
available to meet with Purchaser at least once each month at a time and place
reasonably acceptable to Purchaser to discuss such reports and statements.

          (n)  The Board of Directors shall have regularly scheduled board
meetings no less frequently than monthly. At least one of such scheduled
meetings in every fiscal quarter shall be held in person rather than by
telephone.

          (o)  The Company shall cause its auditors to complete the audit of the
Company's fiscal year ended December 31, 2000 financial statements by no later
than June 15, 2001.

          (p)  The Company will deliver to Purchaser, by April 30 of each year,
audited financial statements for the fiscal year ending immediately prior to
such date, certified by a nationally recognized accounting firm reasonably
acceptable to Purchaser.

          (q)  The Company shall use its best efforts to obtain the resignation
of any member of the Company's Board of Directors who does not attend any two
consecutive board meetings or any three board meetings in a calendar year.

III.  PURCHASER'S REPRESENTATIONS
      ---------------------------

          Purchaser hereby represents and warrants to the Company that the
representations and warranties made to the Company in Article III of the
                                                      -----------
Purchase Agreement are true and correct on the date hereof with the same effect
as though such representations and warranties had been made on and as of the
date hereof.  Solely for purposes of this Section III, the term "Convertible
Preferred Stock" as used in such representations and warranties shall mean the
Series B Convertible Preferred Stock, the term "Closing Date" shall mean the
date hereof, and the term "Transaction Documents" shall mean this Amendment, the
Certificate of Designations for the Series B Convertible Preferred Stock, the
Amendment and Joinder to Registration Rights

                                      -2-
<PAGE>

Agreement between the parties hereto and other holders of the Series B
Convertible Preferred Stock of even date herewith, and the Amendment to
Stockholders Agreement between the parties hereto of even date herewith.

IV.  COMPANY'S REPRESENTATIONS AND WARRANTIES
     ----------------------------------------

          Except as set forth in the disclosure schedules to the Purchase
Agreement and as set forth on Exhibit "B" hereto, the Company hereby represents
                              -----------
and warrants to the Purchaser that the representations and warranties made to
Purchaser in Article IV of the Purchase Agreement are true and correct on the
             ----------
date hereof with the same effect as though such representations and warranties
had been made on and as of the date hereof. Solely for purposes of this Section
IV, the term "Convertible Preferred Stock" as used in such representations and
warranties shall mean the Series B Convertible Preferred Stock, the term
"Closing Date" shall mean the date hereof, and the term "Transaction Documents"
shall mean this Amendment, the Certificate of Designations for the Series B
Convertible Preferred Stock, the Amendment and Joinder to Registration Rights
Agreement between the parties hereto and other holders of the Series B
Convertible Preferred Stock of even date herewith, and the Amendment to
Stockholders Agreement between the parties hereto of even date herewith.

V.  CONVERSION OF SERIES A CONVERTIBLE PREFERRED STOCK DIVIDENDS/PLACEMENT FEE.
    ---------------------------------------------------------------------------
Company and Purchaser hereby acknowledge that currently payable dividends
accrued through January 31, 2001 and due to Purchaser in an amount equal to
$1.875 million shall be converted into 375,000 shares of the Company's Series B
Convertible Preferred Stock. Company and Purchaser hereby acknowledge that
simultaneously with the closing of the purchase and sale of the 400,000 shares
of Series B Convertible Preferred Stock as contemplated by section 2.B.1 above,
the Company will issue to the Purchaser 228,571 shares of Series B Convertible
Preferred Stock as a placement fee for no additional cash consideration.

VI.  SECURITIES LAW MATTERS
     ----------------------

          Purchaser acknowledges receipt of the Company's Confidential Offering
Memorandum dated April 6, 2001, as amended. Each certificate representing the
Series B Convertible Preferred Stock shall bear a legend substantially in the
following form:

          "THE SERIES B CONVERTIBLE PREFERRED STOCK REPRESENTED BY THIS
          CERTIFICATE HAS BEEN ACQUIRED BY THE HOLDER FOR ITS OWN ACCOUNT, FOR
          INVESTMENT PURPOSES AND NOT WITH A VIEW TO THE DISTRIBUTION OF SUCH
          SERIES B CONVERTIBLE PREFERRED STOCK.  THE SHARES OF SERIES B
          CONVERTIBLE PREFERRED STOCK HAVE NOT BEEN REGISTERED UNDER THE
          SECURITIES ACT OF 1933 (THE "ACT") AND MAY NOT BE SOLD OR OTHERWISE
          TRANSFERRED EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT
          UNDER THE ACT OR AN EXEMPTION THEREFROM."

                                      -3-
<PAGE>

VII.  SURVIVAL; INDEMNIFICATION
      -------------------------

          7.1.  Survival.  All of the representations and warranties made by any
                --------
party in this Amendment shall survive the purchase and sale of the Series B
Convertible Preferred Stock until the second anniversary of the date hereof;
provided, however, that (i) the representations and warranties of the Company in
Section IV hereof as it relates to Section 4.10 of the Purchase Agreement shall
survive until the fourth anniversary of the date hereof and (ii) the
representations and warranties of Company in Section IV hereof as it relates to
Sections 4.13 and 4.19 of the Purchase Agreement shall survive for their
respective statutes of limitations. This provision does not amend or modify the
survival periods stated in Section 8.1 of the Purchase Agreement with respect to
the representation and warranties of the parties made thereunder.

          7.2  Indemnification.  Company agrees to indemnify and hold harmless
               ---------------
Purchaser and its Affiliates and their respective officers, directors and
employees (collectively, the "Indemnified Parties") from and against any
liabilities, obligations, losses, damages, penalties, actions, judgments, suits,
claims, costs, attorneys' fees, expenses and disbursements of any kind, other
than any special or consequential damages ("Losses"), which may be imposed upon,
incurred by or asserted against such Purchaser or such other indemnified Persons
in any manner relating to or arising out of any untrue representation, breach of
warranty or failure to perform any covenants or agreement by Company contained
herein or in any certificate or document delivered pursuant hereto or arising
out of any Environmental Law applicable to Company or its Subsidiaries or in
connection with any third-party claim otherwise relating to or arising out of
the transactions contemplated hereby; provided that Company shall have no
                                      --------
obligation to an Indemnified Party hereunder with respect to liabilities arising
from the gross negligence or willful misconduct of that Indemnified Party as
determined by a court of competent jurisdiction.  Each Indemnified Party shall,
as soon as practicable after receipt of notice of a claim or action against such
Indemnified Party in respect of which indemnity may be sought hereunder, notify
Company in writing of the claim or action (stating in reasonable detail the
facts giving rise to such action); provided that the failure to notify Company
                                   --------
shall not relieve Company from any liability which it may have to an Indemnified
Party except to the extent that Company was prejudiced by such failure, and in
no event shall such failure relieve Company from any other liability which it
may have to such Indemnified Party.  If any such claim or action shall be
brought against an Indemnified Party, and it shall have notified Company,
Company shall be entitled to participate therein, and, to the extent that it
wishes, to assume the defense therein, with counsel reasonably satisfactory to
the Indemnified Party.  After notice to the Indemnified Party from Company of
its election to assume the defense of any claim or action, Company shall not be
liable to the Indemnified Party for any legal or other expenses subsequently
incurred by the Indemnified Party in connection with the defense thereof.
Company may not without the prior written consent of the Indemnified Party, not
to be unreasonably withheld, agree to (i) any settlement of any claim or action
indemnifiable hereunder, other than a settlement solely for monetary damages for
which Company shall be responsible hereunder or (ii) any remedy or relief which
will be applied against the

                                      -4-
<PAGE>

Indemnified Party.  In any action hereunder as to which Company has assumed the
defense thereof with counsel reasonably satisfactory to the Indemnified Party,
the Indemnified Party shall continue to be entitled to participate in the
defense thereof, with counsel of its own choice, but Company shall not be
obligated hereunder to reimburse the Indemnified Party for the costs thereof.
Company shall only be liable to the Indemnified Parties for any Losses resulting
from a breach of representation or warranty (i) if the claim therefor is
asserted in writing prior to the end of the applicable survival period as set
forth in Section 7.1 hereof; (ii) which exceed an aggregate amount equal to
$50,000 and only for such Losses in excess thereof, and (iii) up to an aggregate
amount of $1,200,000.

VIII.  EXPENSES
       --------

          The Company agrees to reimburse Purchaser for all reasonable out-of-
pocket expenses of Purchaser (including, without limitation, the reasonable fees
and expenses of its counsel) not exceeding $35,000 in connection with the
execution of this Amendment, the issuance of the Series B Convertible Preferred
Stock and the transactions contemplated hereby.

IX.  MISCELLANEOUS
     -------------

          The provisions of Article X of the Purchase Agreement shall apply
equally to this Amendment, and are incorporated herein by reference.  This
Amendment and the exhibits hereto, and the Purchase Agreement amended hereby,
represent the entire understanding and agreement between the parties hereto with
respect to the subject matter hereof and supercede all prior and contemporaneous
agreements, understandings, negotiations and discussions, whether oral or
written, of the parties with respect to the subject matter  hereof. Except as
specifically amended herein, the Purchase Agreement shall remain in full force
and effect. Following the date hereof, any references made hereafter to the
Purchase Agreement shall be deemed to mean the Purchase Agreement as amended
hereby.

     IN WITNESS WHEREOF, Company and Purchaser have executed this Amendment as
of the day and year first above written.

                        TRANSIT GROUP, INC.

                        By: /s/ Philip A. Belyew
                           -------------------------------------------
                           Name:  Philip A. Belyew
                           Title:  Chief Executive Officer

                                      -5-
<PAGE>

                        GE CAPITAL EQUITY INVESTMENTS, INC.

                        By: /s/ Patrick H. Dowling
                           -------------------------------------------
                           Name:  Patrick H. Dowling
                           Title:  Managing Director

                                      -6-

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