Document:

THE SECURITIES EVIDENCED BY THIS CERTIFICATE
HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”), OR ANY APPLICABLE STATE SECURITIES
LAW, AND MAY NOT BE OFFERED, SOLD, ASSIGNED, TRANSFERRED, PLEDGED, HYPOTHECATED OR OTHERWISE DISPOSED OF IN THE ABSENCE OF AN EFFECTIVE
REGISTRATION STATEMENT UNDER THE ACT AND SUCH REGISTRATION OR QUALIFICATION AS MAY BE NECESSARY UNDER THE SECURITIES LAWS OF ANY
STATE, OR AN EXEMPTION FROM SUCH REGISTRATION OR QUALIFICATION REQUIREMENTS UNDER THE ACT OR SUCH STATE LAW.

 

FOCUS VENTURE PARTNERS, INC.

 

 

  

COMMON STOCK PURCHASE WARRANT

 

 

  

Certificate No. W-1

Dated as of December 3, 2012

 

THIS IS TO CERTIFY
that Atalaya Special Opportunities Fund IV LP (Tranche B), a Delaware limited partnership (the “Holder”), having
its principal place of business at 780 Third Avenue, 27th Floor, New York, New York 10017, or its registered assigns, is entitled
upon the due exercise hereof at any time during the Exercise Period (as hereinafter defined) to purchase 5,227,841 shares of Common
Stock (as hereinafter defined) of Focus Venture Partners, Inc., a Nevada corporation (together with any successor thereto, the
“Company”), at a price per share equal to $0.0001 (the “Exercise Price”), and to exercise
the other rights, powers and privileges hereinafter provided, all on the terms and subject to the conditions set forth herein.
The shares of Common Stock purchasable hereunder are referred to herein as the “Warrant Shares”. The number
of Warrant Shares purchasable hereunder is subject to adjustment as hereinafter set forth.

 

This Warrant is issued
by the Company pursuant to the terms and conditions of that certain Credit Agreement dated as of December 3, 2012 (as amended,
supplemented or modified from time to time, the “Credit Agreement”) among Optos Capital Partners, LLC, MDT Labor,
LLC, Focus Fiber Solutions, LLC, Jus-Com, Inc., CMK Resources Group, LLC, and Townsend Careers, LLC, as Borrowers thereunder (each
of whom is a Subsidiary of the Company), the financial institutions from time to time parties thereto, as Lenders thereunder, and
Atalaya Administrative LLC, as administrative agent for Lenders. The obligation of Lenders and Administrative Agent to execute
and deliver the Credit Agreement and to consummate the transactions thereunder are conditioned on, among other things, the issuance
of this Warrant, and the Company has agreed to issue this Warrant to the Holder in order to induce the Holder to enter into the
Credit Agreement as a Lender thereunder.

 

Capitalized terms used
in this Warrant and not elsewhere defined herein shall have the meanings set forth in Schedule 1 to this Warrant or, if
not set forth therein, in the Credit Agreement. If the Credit Agreement is terminated prior to the termination of this Warrant,
such terms shall have the definitions given to them in the Credit Agreement as in effect immediately prior to its termination.

 

    	 

    	 

    

 

1.           Right
to Exercise. The registered holder hereof shall have the right, at its option, to exercise this Warrant, in whole or in part,
at any time or from time to time during the period commencing on the date hereof and ending on December 3, 2022 (the “Exercise
Period”). A holder of shares of Common Stock issued upon the whole or partial exercise of this Warrant shall continue
to be entitled to all rights to which a holder of this Warrant is entitled pursuant to the provisions hereof. The Company
agrees and acknowledges that each such holder of shares of Common Stock shall be and is hereby deemed to be a third party beneficiary
of this Warrant.

 

2.           Anti-Dilution
Adjustments.

 

(a)          Adjustments
During Non-Dilution Period. It is the intent of the parties hereto that at all times prior to the expiration of the Non-Dilution
Period, after giving effect to any exercise of this Warrant, the holder hereof and the holder of all Issued Warrant Units would
collectively be the owner of (or have the right to acquire pursuant hereto) 12% (as such amount may be adjusted in the event of
a cashless exercise hereof pursuant to Section 10) of the Common Stock Deemed Outstanding. If at any time prior to the expiration
of the Non-Dilution Period, the Company enters into a Dilutive Transaction, the number of shares of Common Stock issuable hereunder
shall be increased to the number equal to (i) the product of (A) the quotient obtained dividing (x) the Common Stock Deemed Outstanding
immediately after such Dilutive Transaction (excluding the Warrant Shares and the Issued Warrant Shares, if any) by (y) 0.88, multiplied
by (B) 0.12, minus (ii) the Issued Warrant Shares, if any.

 

(b)          Adjustments
After Non-Dilution Period. If at any time after the expiration of the Non-Dilution Period, the Company enters into a Dilutive
Transaction based on a Per Share Price which is less than the Non-Dilutive Price, the number of shares of Common Stock issuable
hereunder shall be increased to the number determined by performing the following calculation and rounding the resulting number
to the nearest whole share: Divide: (i) the Non-Dilutive Price then in effect of a share of Common Stock multiplied by the number
of shares of Common Stock then issuable hereunder, by (ii) the Weighted Average Per Share Value.

 

(c)          Readjustment.

 

(i)          Expiration
of Option or Right to Subscribe For or Purchase. If any option or right issued in connection with a Dilutive Transaction expires
without having been exercised prior to the exercise by the Holder of its rights hereunder, the number of Warrant Shares then issuable
hereunder shall forthwith be readjusted to such lesser number as would have been issuable had the option or right never been issued.

 

(ii)         Expiration
of Right to Convert or Exchange. If any right to convert or exchange any Common Stock Equivalent issued in connection with
a Dilutive Transaction expires without having been exercised prior to the exercise by the Holder of its rights hereunder, the number
of Warrant Shares then issuable hereunder shall forthwith be readjusted to such lesser number as would have been issuable had the
Common Stock Equivalent never been issued.

 

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3.           Other
Adjustments.

 

(a)          Adjustment
for Change in Common Stock. If the Company (i) pays a dividend or makes a distribution on its Common Stock in shares of its
Common Stock, (ii) subdivides, splits or reclassifies its outstanding shares of Common Stock into a greater number of shares, or
(iii) combines or reclassifies its outstanding shares of Common Stock into a smaller number of shares (each, an “Adjustment
Event”), the number of Warrant Shares issuable hereunder immediately prior to such action shall be proportionately adjusted
so that the Holder will receive, upon exercise, the aggregate number and kind of shares of capital stock of the Company which it
would have owned immediately following such action if the Holder had exercised this Warrant in full immediately prior to such Adjustment
Event. The adjustment shall become effective immediately after the record date in the case of a dividend or distribution and immediately
after the effective date in the case of a subdivision, combination or reclassification. The adjustment shall be made successively
whenever any Adjustment Event occurs. Upon each adjustment of the number of Warrant Shares issuable hereunder, the Exercise Price
shall also be equitably and proportionately adjusted.

 

(b)          Adjustment
for Reorganization. Subject to Section 18, if the Company, in any transaction or series of transactions, consolidates
or merges with or into another Person, or sells all or substantially all of its assets or stock or other equity securities or enters
into any other similar transaction, liquidation, recapitalization or reorganization (any such action, transaction or series of
transactions resulting in any of the foregoing, a “Reorganization”), or undergoes a Change of Control, there
shall thereafter be deliverable, upon exercise of this Warrant (in lieu of the number of Warrant Shares theretofore deliverable)
the number of shares of stock or other securities or property to which a holder of the number of shares of Common Stock that would
otherwise have been deliverable upon exercise of this Warrant in full would have been entitled upon such Reorganization or Change
of Control if such Warrant had been exercised in full immediately prior to such Reorganization or Change of Control.

 

4.           Participation
in Dividends, Distributions, Repurchases or Redemptions. If the Company declares any dividend or makes any distribution, in
each case, that is not in shares of Common Stock, or repurchases or redeems any of its capital stock (except forfeitures by holders,
and/or repurchases by the Company, of any shares of Common Stock or options pursuant to any employment agreements with executives
of the Company or any consulting agreements with consultants, or pursuant to any stock option, incentive, purchase, restricted
stock or similar agreement or benefit plan or program of the Company, any option or restricted stock granted pursuant to any such
plan or program or any agreement evidencing any such option or restricted stock (collectively, “Permitted Redemptions”)),
the Company will pay the Holder the declared dividend, or offer to include the Holder in such distribution, repurchase or redemption,
as if the Holder had exercised this Warrant in full immediately prior to such event (or any record date with respect thereto).
If the Holder elects to participate in a repurchase or redemption, this Warrant shall be modified (as of the date of such event)
so that the Holder shall be entitled to receive, upon exercise, the number of Warrant Shares issuable hereunder less the number
of Warrant Shares redeemed or repurchased.

 

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5.           Prior
Notice as to Certain Events.

 

(a)          Dividends,
Distributions, Subscription Rights. If the Company (i) pays any dividend, or makes any distribution, or repurchases or redeems
any of its capital stock (except Permitted Redemptions), (ii) offers any subscription rights pro rata to the holders of its capital
stock to purchase any additional shares of stock of any class or any other rights, or (iii) authorizes the issuance of shares of
Common Stock or Common Stock Equivalents, then at least 10 Business Days prior to the record date for such action, the Company
will send written notice (by first class mail, postage prepaid, addressed to the Holder at its address shown on the books of the
Company) of the dates on which (A) the Company will close its books or take a record for such action, (B) such action will occur,
and (C) the holders of capital stock of record will participate in such action.

 

(b)          Reorganizations,
etc. If the Company (i) enters into any Dilutive Transaction, Reorganization, reclassification of its capital stock or equity
securities or Change of Control, (ii) is the subject of a voluntary or involuntary dissolution, liquidation or winding up of the
Company, (iii) engages an underwriter in connection with an IPO, or (iv) receives a notice from any holder of its equity securities
that such holder desires to exercise its right to “put” or sell such securities back to the Company, then at least
10 Business Days prior to such action or transaction (except in the case of any involuntary dissolution, liquidation or winding
up of the Company, within 5 Business Days of the Company’s knowledge of such action or transaction), the Company will send
written notice (by first class mail, postage prepaid, addressed to the Holder at its address shown on the books of the Company)
of the dates on which (A) the Company will close its books or take a record for such action, (B) such action will occur, and (C)
if applicable, the holders of capital stock of record may exchange their capital stock for securities or other property deliverable
upon such action.

 

(c)          Certificate
as to Adjustments. In each case of any adjustment or readjustment in the number of shares, securities or other property issuable
upon exercise of this Warrant, the Company at its expense will promptly provide written notice to the Holder stating the number
of shares of Common Stock, other securities or other property then issuable upon exercise of this Warrant and the applicable Exercise
Price after such adjustment, showing how such amounts were calculated. Upon each adjustment of the number of Warrant Shares issuable
hereunder, the Exercise Price shall also be equitably and proportionately adjusted.

 

6.           Holder’s
Subscription Rights. If at any time after the date hereof the Company proposes to issue shares of its Common Stock in a transaction
that does not alter the number of shares, securities or other property issuable upon exercise of this Warrant in accordance with
the terms hereof, the Company shall notify the Holder of this Warrant of such proposed issuance thereof in writing. Within twenty
(20) days after the receipt of such a notice, (a) the Holder of this Warrant shall have the right (but not the obligation) to inform
the Company in writing that such holder elects to have issued to it, for no additional consideration, additional warrants to acquire,
at an exercise price equal to the proposed sale price of the shares being issued, a number of shares of Common Stock equal to the
number of shares then being issued by the Company multiplied by such holder’s percentage of the then total number of outstanding
shares of Common Stock represented by the then outstanding Warrant and (b) the holder of Issued Warrant Shares shall have the right
(but not the obligation) to inform the Company in writing that such holder elects to have issued to it, at the price equal to the
proposed sale price of the other shares then being issued, a number of shares of Common Stock equal to the number of other shares
then being issued multiplied by the percentage of the total number of outstanding shares of Common Stock represented by the Issued
Warrant Shares then held by the holder.

 

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7.           Reservation
of Common Stock. The Company will reserve and keep available for issuance and delivery upon the exercise of this Warrant such
number of its authorized but unissued shares of Common Stock or other securities of the Company as will be sufficient to permit
the exercise in full of this Warrant. Upon issuance, each of the Warrant Shares will be validly issued, fully paid and nonassessable,
free and clear of all preemptive or similar rights, liens, security interests, charges and other encumbrances and/or restrictions
on sale or otherwise.

 

8.           No
Voting Rights; Limitations of Liability. Prior to exercise, this Warrant will not entitle the Holder to any voting rights or
other rights as a stockholder of the Company not granted herein. No provision of this Warrant, in the absence of affirmative action
by the Holder to exercise this Warrant, and no enumeration in this Warrant of the rights or privileges of the Holder, will give
rise to any liability of such Holder for the Exercise Price.

 

9.           Exercise
Procedure. To exercise this Warrant, the registered holder hereof must deliver to the principal office of the Company this
Warrant, the subscription substantially in the form of Exhibit A attached hereto, and the Exercise Price for the Warrant
Shares being purchased. The Holder may deliver the Exercise Price by any of the following methods, at its option: (i) in legal
tender, (ii) by bank cashier’s or certified check, (iii) by wire transfer to an account designated by the Company, or (iv)
in accordance with Section 10. Upon exercise, the Company, at its sole expense (including the payment by the Company of
any documentary, stamp, issue or transfer taxes), will issue and deliver to Holder, within 3 Business Days after the date on which
the Holder exercises this Warrant, certificates for the Warrant Shares purchased upon exercise of this Warrant. The Warrant Shares
so purchased shall be deemed issued, and the Holder deemed the holder of record of such Warrant Shares, as of the opening of business
on the date on which the Holder exercises this Warrant. The Company shall pay any and all documentary, stamp or issue, transfer
or similar taxes payable in respect of the issue or delivery of the Warrant Shares. This Warrant may be exercised in whole or in
part and in the event this Warrant is partially exercised, the Company shall forthwith issue and deliver to the Holder a new Warrant
of like tenor to purchase that number of shares of Warrant Shares with respect to which such partial exercise did not apply. The
exercise of this Warrant and payment of the Exercise Price in accordance with Section 10 is intended to qualify as a tax free reorganization
within the meaning of Section 368(a)(1)(E) of the Internal Revenue Code of 1986, as amended

 

10.         Cashless
Payment.

 

(a)          Right
to Convert. In lieu of paying the applicable Exercise Price by legal tender, check, or wire transfer, the Holder may elect
to receive, upon any exercise of this Warrant, that number of Warrant Shares equal to the quotient obtained by dividing:

 

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	[(A-B)(X)] by (A), where:
	 
	A          =	the Conversion Value (as defined below) of a share of Common Stock on the date of exercise;
	 	 
	B          =	the Exercise Price for a share of Common Stock;
	 	 
	X          =	the number of Warrant Shares (equal to or less than the number of Warrant Shares then issuable hereunder) as to which this Warrant is being exercised.

 

(b)          Conversion
Value. For purposes of this Section 10, only, the Conversion Value of a share of Common Stock means: (i) if the Common
Stock is listed on a national securities exchange or admitted to unlisted trading privileges on such exchange or listed for trading
on NASDAQ NMS, the average of the last reported sale price of the Common Stock for the five trading days prior to the date of exercise
of this Warrant (or the average closing bid and asked prices for each such day if no such sale is made on such day); (ii) if clause
(i) does not apply, and if the prices are reported by the National Quotation Bureau, Inc., the average of the means of the last
reported bid and asked prices reported for the five trading days prior to the date of exercise of this Warrant; and (iii) in all
other cases, the Fair Market Value per share.

 

11.         Sale
of Warrant or Warrant Shares.

 

(a)          Neither
the sale of this Warrant nor the issuance of any of the Warrant Shares upon exercise of this Warrant have been registered under
the Securities Act or the Exchange Act or under the securities laws of any state. The issuance of the Warrant Shares upon exercise
of this Warrant shall be subject to compliance with all applicable Federal and state securities laws. Neither this Warrant nor
any of the Issued Warrant Shares may be sold, assigned, transferred, pledged or hypothecated or otherwise disposed of except: (i)
as permitted by any effective registration statement under the Securities Act and such registration or qualification as may be
required under the securities laws of any state in question, (ii) as permitted by an exemption from such registration and/or qualification
requirements under the Securities Act and the securities laws of any state or if any such registration and/or qualification is
not required, (iii) to an Affiliate of the Holder hereof, (iv) to a successor to the Holder hereof as a result of a merger or consolidation
with, or sale of all or substantially all of the equity interests or assets of, the Holder hereof, (iv) pursuant to Section 12,
or (v) to any Person if the holder hereof shall also transfer or assign to such person all or a part of its interest in the Credit
Agreement. In the case of any transfer pursuant to the preceding clause (ii), if reasonably requested by the Company, the Holder
shall obtain an opinion of counsel reasonably acceptable to the Company legal opinion stating that such transfer may be effected
without registration or qualification under any applicable Federal or state securities or blue sky law. For so long as any Warrant
Shares have not been registered under the Securities Act or registered and qualified under the securities laws of all applicable
states and are not then transferable without limitation or restriction in a single brokerage transaction under the provisions of
Rule 144 or any similar rule then in effect, the Company shall cause each certificate evidencing any such Warrant Shares to bear
the following legend:

 

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THE SECURITIES EVIDENCED BY THIS
CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”), OR UNDER ANY
APPLICABLE SECURITIES LAWS OF ANY STATE, AND MAY NOT BE OFFERED, SOLD, ASSIGNED, TRANSFERRED, PLEDGED, HYPOTHECATED OR OTHERWISE
DISPOSED OF IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT UNDER THE ACT AND SUCH REGISTRATION OR QUALIFICATION AS MAY BE
NECESSARY UNDER THE SECURITIES LAWS OF ANY STATE, OR AN EXEMPTION FROM SUCH REGISTRATION OR QUALIFICATION REQUIREMENTS UNDER THE
ACT OR SUCH STATE LAW AND IF REASONABLY REQUESTED BY THE COMPANY, UPON THE DELIVERY OF A LEGAL OPINION STATING THAT SUCH TRANSFER
IS PERMITTED UNDER FEDERAL AND STATE SECURITIES LAWS.

 

(b)          The
Holder represents and warrants that it has been furnished with all information that it has requested for the purpose of evaluating
its proposed acquisition of this Warrant to be issued to the Holder pursuant hereto, (ii) that the Holder will acquire this Warrant
for its own account for investment and not for distribution in any manner that would violate applicable securities laws, but without
prejudice to its rights to dispose of this Warrant or a portion thereof to a transferee or transferees, in accordance with such
laws if at some future time the Holder deems it advisable to do so and (iii) that the Holder is an “accredited investor”
as such term is defined in Regulation D of the Securities and Exchange Commission under the Securities Act of 1933, as amended.
The acquisition of this Warrant by the Holder at the Closing shall constitute the Holder’s confirmation of the foregoing
representations and warranties. The Holder understands that this Warrant are being sold to the Holder in a transaction which is
exempt from the registration requirements of the Securities Act of 1933, as amended, and that the Company is relying, to the extent
applicable, upon the representations and warranties contained in this section.

 

12.         Repurchase
Obligations.

 

(a)          Company’s
Obligation to Repurchase Warrant Shares. Upon written notice from the Holder from time to time during the Put Period, the Company
shall, within sixty (60) days of the date designated in such notice, repurchase from such Holder all or the portion of the Warrant
Shares designated in such notice for an amount determined by multiplying (a) the Put Price as of the date of such notice less the
Exercise Price as of such date by (b) the number of Warrant Shares as of such date that are designated for repurchase in such notice.
On the date designated for such repurchase, the Holder shall surrender this Warrant to the Company, without being required to make
any representation or warranty (other than that the holder has good and valid title to the Warrant free and clear of liens, claims,
encumbrances and restrictions of any kind), against payment therefor by wire transfer of immediately available funds as directed
by the Holder. If less than all of the Warrant Shares are being repurchased, the Company shall cancel this Warrant and issue in
the name of, and deliver to, the Holder a new Warrant for the portion of the Warrant Shares not being repurchased.

 

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(b)          Company’s
Obligation to Repurchase Issued Warrant Shares. Upon written notice from any Holder of Issued Warrant Shares from time to time
during the Put Period, the Company shall, within sixty (60) days of the date designated in such notice, repurchase from such Holder
the number of such shares of Common Stock designated in such notice for an amount equal to the number of shares so designated multiplied
by the Put Price as of the date of such notice. Upon the date designated for such repurchase, the Holder of such shares shall deliver
to the Company, without being required to make any representation or warranty (other than that such holder has good and valid title
to such shares free and clear of liens, claims, encumbrances and restrictions of any kind) one or more certificates representing
the shares being repurchased duly endorsed for transfer to the Company, against payment therefor by wire transfer of immediately
available funds as directed by the Holder. If less than all of such Holder’s Issued Warrant Shares are being repurchased,
the Company shall issue a new certificate or certificates in the name of, and deliver to, such Holder representing the aggregate
number of such shares not being repurchased.

 

(c)          Determination
of the Put Price. For the purposes of this Section 12, the Put Price per share of Common Stock as of a date specified herein
(the “Put Price”) shall be equal to the greater of (i) the Equity Value per share of Common Stock as of the
date of such determination and (ii) the Put Formula Value per share of Common Stock as of the date of such determination.

 

13.         Transfer.
The Company will register this Warrant on its books and keep such books at its offices. To effect a transfer permitted by clause
(ii) under Section 13 hereof, the Holder must present (either in person, or by duly authorized attorney) written notice
substantially in the form of Exhibit B attached hereto. To prevent a transfer in violation of Section 13, the Company
may issue appropriate stop orders to its transfer agent.

 

14.         Replacement
of Warrant. If the Holder provides evidence that this Warrant or any certificate or certificates representing the Warrant Shares
have been lost, stolen, destroyed or mutilated, the Company (at the request and expense of the Holder) will issue a replacement
warrant upon reasonably satisfactory indemnification by the Holder (if required by the Company).

 

15.         Governing
Law. The laws of the State of Nevada (other than its conflict of law rules) govern this Warrant.

 

16.         Representations
and Warranties of the Company. The Company hereby represents and warrants to the Holder that as of the Closing Date:

 

(a)          Organization
and Capitalization of the Company. The Company is a corporation duly organized, validly existing and in good standing under
the laws of the State of Nevada. The authorized capital of the Company consists of 100,000,000 shares of Common Stock, par value
$0.0001 per share, and 10,000,000 shares of Preferred Stock, par value $0.0001 per share, having a stated value of $11.00 per share.
Each share of Preferred Stock is convertible into that number of shares of Common Stock determined by dividing the Stated Value
of such Preferred Share by $0.08. As of the date hereof there are 38,337,500 shares of Common Stock and 100,000 shares of Preferred
Stock issued and outstanding, and no shares of the Company’s capital stock are held in its treasury. No unissued shares of
Common Stock are reserved for any purpose other than for issuance upon the exercise of this Warrant. The Company has not issued
or agreed to issue any Common Stock Equivalents except as set forth on Exhibit 16(a) hereto, and there are no preemptive rights
in effect with respect to the issuance of any shares of Common Stock. All the outstanding shares of the Company’s capital
stock have been validly issued without violation of any preemptive or similar rights and are fully paid and nonassessable.

 

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(b)          Authority.
The Company has full corporate power and authority to execute and deliver this Warrant and to perform all of its obligations hereunder,
and the execution, delivery and performance hereof have been duly authorized by all necessary corporate action on its part. This
Warrant has been duly executed on behalf of the Company and constitutes the legal, valid and binding obligation of the Company
enforceable in accordance with its terms.

 

(c)          No
Legal Bar. Neither the execution, delivery or performance of this Warrant will (a) conflict with or result in a violation of
the articles or certificate of incorporation or bylaws of the Company, (b) conflict with or result in a violation of any law, statute,
regulation, order or decree applicable to the Company or any Affiliate (except that the Company’s ability to honor its obligations
under Section 12 is subject to the availability of sufficient earned and/or capital surplus), (c) require any consent or authorization
or filing with, or other act by or in respect of, any governmental authority, or (d) result in a breach of, constitute a default
under or constitute an event creating rights of acceleration, termination or cancellation under any mortgage, lease, contract,
franchise, instrument or other agreement to which the Company is a party or by which it is bound.

 

(d)          Validity
of Shares. When issued upon the exercise of this Warrant as contemplated herein, shares of Common Stock will have been validly
issued and will be fully paid and nonassessable.

 

17.         Covenants
of the Company.

 

(a)          Notice
of Stockholder Meetings. If a meeting of the stockholders of the Company is called or if consents of the Company’s stockholders
are solicited to consider and take action on a proposal for (i) the declaration of a dividend or payment of a distribution with
respect to the Common Stock, (ii) the voluntary dissolution, liquidation or winding up of the Company, (iii) the issuance of shares
of Common Stock or any Common Stock Equivalents, (iv) any Change of Control, IPO or Reorganization, or (v) any other action, then
the Company send written notice thereof to each Holder (by first class mail, postage prepaid, addressed to the Holder at its address
shown on the books of the Company) at least five (5) Business Days prior to the record date for determining stockholders entitled
to vote at such meeting or to take action with respect to such consent.

 

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(b)          Board
Observation. The Company shall permit one authorized representative of the Holders (the “Board Participant”)
to attend and participate in all meetings of its Board of Directors and any committee thereof, whether in person, by telephone
or otherwise, and shall provide such representative with such notice and other information with respect to such meetings as are
delivered to the directors of the Company, provided, however, that the Company’s Chief Executive Officer or President or
a majority of the Board shall have the right to exclude Board Participant from all or portions of meetings of the Board or omit
to provide Board Participant or the Holders with certain information if the President or Chief Executive or such members of the
Board believes in good faith that such exclusion or omission is necessary in order to fulfill the Company’s obligations with
respect to confidential or proprietary information of third parties (provided however, that the Board Participant shall not be
so excluded unless all other persons whose receipt of such materials or presence at a meeting would result in a violation of such
third party confidentiality are also excluded). In addition, a majority of the Company’s Directors on the Board shall have
the right to exclude the Board Participant from all or portions of meetings of the Board or omit to provide Board Participant or
any Holder with certain information if such meeting or information involves information or analysis which would pose a material
conflict of interest for Company and such Holder. The Company shall provide notice to the Board Participant of each regular meeting
of its Board of Directors and any committee or subcommittee thereof, and notice of each special meeting of its Board of Directors
and any committee or subcommittee thereof, in each case at such time and in such manner as notice is given to its Board of Directors
but no later than five (5) Business Days in the case of a regularly scheduled meeting, two (2) Business Days in the case of a special
meeting and as soon as practicable in the case of an emergency meeting. In addition, the Company will as soon as practicable send
to the Board Participant copies of all reports and materials provided to members of its Board of Directors (or any committee or
subcommittee thereof) in their capacity as members thereof, at meetings or otherwise. The Company’s Board of Directors taken
as a whole shall meet at least three times per calendar year.

 

(c)          Cooperation.
The Company shall cooperate with each Holder and each holder of Warrant Shares in supplying such information as may be reasonably
necessary for such Person to complete and file any information reporting forms presently or hereafter required by the SEC and/or
any other Governmental Authority as a condition to the availability of an exemption under the Securities Act and any applicable
state securities law for the sale or purchase of this Warrant or any Warrant Shares.

 

(d)          Financial
Statements. At any time prior to the expiration of the Exercise Period while any part of this Warrant is exercisable or outstanding
or any Issued Warrant Shares are held by Holder, the Company shall provide to each Holder and each holder of Issued Warrant Warrant
Shares, within five (5) Business Days of their completion, the financial statements required to be delivered to the Administrative
Agent and Lenders pursuant to the Credit Agreement, regardless of whether the Obligations have been Paid in Full and the Credit
Agreement terminated.

 

(e)          Proper
Books and Records. The Company covenants that it will, and will cause its Subsidiaries to, keep proper books and records in
which full, true and correct entries in conformity with generally accepted accounting principles shall be made of all dealings
and transactions in relation to its business and activities.

 

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(f)          No
Impairment or Amendment. The Company shall not by any action including, without limitation, amending its articles or certificate
of incorporation or by-laws, any reorganization, transfer of assets, consolidation, merger, dissolution, issue or sale of securities
or any other voluntary action, avoid or seek to avoid the observance or performance of any of the terms of this Warrant or impair
the ability of the Holder to realize upon the intended economic value hereof, but will at all times in good faith assist in the
carrying out of all such terms and in the taking of all such action as may be necessary or appropriate to protect the rights of
the Holder hereof against impairment. Without limiting the generality of the foregoing, the Company will (a) not increase the par
value of any shares of Common Stock issuable upon the exercise of this Warrant above the amount payable therefor upon such exercise,
(b) take all such action as may be necessary or appropriate in order that the Company may validly issue fully paid and nonassessable
shares of Common Stock upon the exercise of this Warrant, (c) obtain all such authorizations, exemptions or consents from any public
regulatory body having jurisdiction thereof as may be necessary to enable the Company to perform its obligations under this Warrant
and (d) not issue any capital stock of any class which is preferred as to dividends or as to the distribution of assets upon the
voluntary or involuntary dissolution, liquidation or winding up of the Company. On or before January 31, 2013, the Company shall
provide evidence to the Holder that the Company has (i) amended Paragraph 3 of its Certificate of Designation with respect to the
Preferred Stock to provide that the Preferred Stock shall not have any voting rights, (ii) amended its Certificate of Designation
with respect to the Preferred Stock to delete Paragraph 5 thereof (pertaining to dividends on the Preferred Stock) in its entirety,
(iii) amended its Certificate of Designation with respect to the Preferred Stock to delete Paragraphs 6.1 and 6.2 thereof (pertaining
to conversion rights with respect to the Preferred Stock) in their entirety, (iv) amended its Certificate of Designation with respect
to the Preferred Stock to delete Paragraph 7 thereof (pertaining to exchange of the Preferred Stock in connection with any consolidation,
merger, combination or other transaction) in its entirety, and (v) amended its Certificate of Designation with respect to the Preferred
Stock to delete Paragraph 8 thereof (pertaining to expenses payable upon conversion of the Preferred Stock) in its entirety.

 

(g)          Listing
on Securities Exchange. If the Company shall list any shares of Common Stock on any securities exchange it will, at its expense,
list thereon, maintain and increase when necessary such listing of, all Issued Warrant Shares and, to the extent permissible under
the applicable securities exchange rules, all Issuable Warrant Shares, so long as any shares of Common Stock shall be so listed.
The Company will also so list on each securities exchange, and will maintain such listing of, any other securities which the holder
of this Warrant shall be entitled to receive upon the exercise thereof if at the time any securities of the same class shall be
listed on such securities exchange by the Company.

 

(h)          Interested
Transactions. Without the prior written consent of the Holder, the Company shall not, unless permitted in the Credit Agreement,
(a) merge, consolidate with, or otherwise acquire all or any portion of the business, assets or securities of any Affiliate of
the Company; (b) make any loans or other advances of money to officers, directors or stockholders or the Company or any Affiliate
of the Company; or (c) otherwise enter into, or be a party to, any transaction with any officer, director, stockholder of the Company
or any Affiliate of the Company or of such officer, director or stockholder; except in each of the foregoing cases pursuant to
the reasonable requirements of the Company’s business and upon fair and reasonable terms which are no less favorable to the
Company than would obtain in a comparable arm’s length transaction with a Person not an officer, director, stockholder or
Affiliate of the Company.

 

(i)          Indemnification.
If the Company fails to make when due any payments provided for in this Warrant, the Company shall pay to the holder hereof (a)
interest at the LIBOR Rate plus fifteen percent (15%) per annum on any amounts due and owing to such holder and (b) such further
amounts as shall be sufficient to cover any costs and expenses including, but not limited to, reasonable attorneys’ fees
and expenses incurred by such holder in collecting any amounts due hereunder. The Company shall indemnify, save and hold harmless
the holder hereof from and against any and all liability, loss, cost, damage, reasonable attorneys’ and accountants’
fees and expenses, court costs and all other out-of-pocket expenses incurred in connection with or arising from an Event of Default.

 

    	11

    	 

    

 

(j)          Certain
Expenses. Except as specifically provided to the contrary in the Registration Rights Agreement, the Company shall pay all expenses
in connection with, and all taxes (other than stock transfer taxes) and other governmental charges that may be imposed in respect
of, the issue, sale and delivery of (a) the Warrant, (b) Warrant Shares and (c) the Issued Warrant Shares.

 

18.         Notice.
All notices and other communications given to or made under this Warrant shall be in writing and shall be given to the Company
at its address set forth in the Credit Agreement and to Holder at its address shown on the books of the Company, or at such other
address as such party may hereafter specify in a notice given in the manner required under this Section 19, and shall be
given only by, and shall be deemed to have been received upon: (i) registered or certified mail, return receipt requested, on the
date on which such received as indicated in such return receipt, (ii) delivery by a nationally recognized overnight courier, one
(1) Business Day after deposit with such courier, or (iii) facsimile or electronic transmission, in each case upon telephone or
further electronic communication from the recipient acknowledging receipt (whether automatic or manual from recipient), as applicable.

 

19.         Change
of Control. The Company shall not, directly or indirectly, enter into any Change of Control, Reorganization, IPO or merger,
consolidation, reorganization or similar transaction in which the Company shall not be the surviving Company unless the proposed
surviving Company shall, prior to such transaction, agree in writing to assume the obligations of the Company under this Warrant.

 

20.         Registration
Rights Agreement. The Holder shall have certain rights in regard to this Warrant and Issued Warrant Shares as set forth in
the Registration Rights Agreement, a true and correct copy of which is attached hereto as Exhibit C.

 

21.         Tag-Along
Rights Agreement. The Holder shall have the right to participate or “tag-along” in the sale of any Common Stock
by Christopher Ferguson or Michael Traina, the principal stockholder(s) of the Company, in accordance with the Tag-Along Rights
Agreement, a true and correct copy of which is attached hereto as Exhibit D.

 

22.         No
Effect Upon Lending Relationships. Anything herein to the contrary notwithstanding, nothing contained in this Warrant shall
affect, limit or impair the rights and remedies of Administrative Agent or any Lender (each, a “Subject Entity”),
any of its affiliates, funding or financing sources or any other lenders in their capacities as lenders to the Company or any of
its subsidiaries pursuant to any agreement under which the Company or any of its subsidiaries has or from time to time will have
borrowed money. Without limiting the generality of the foregoing, neither the Subject Entity nor any such other Person, in exercising
its rights as a lender or other creditor, including making its decision on whether to foreclose on any collateral security, shall
have any duty to consider (a) its status as a direct or indirect equityholder of the Company, (b) the interests of the Company
or any of its subsidiaries or (c) any duty it may have to any other direct or indirect equityholder of the Company, except as may
be required under the applicable loan documents or by commercial law applicable to creditors generally.

 

[Remainder of this page intentionally
left blank]

[signature appears on following page]

 

    	12

    	 

    

 

IN WITNESS WHEREOF,
the Company has caused this Warrant to be signed on its behalf, in its corporate name, by its duly authorized officer, as of the
date first written above.

 

	 	FOCUS VENTURE PARTNERS, INC.,
	 	a Nevada corporation
	 	 
	 	By:	/s/ Christopher Ferguson
	 	 	     Christopher Ferguson
	 	 	     President

 

Focus Fiber Warrant Signature Page

 

    	 

    	 

    

 

EXHIBIT A

IRREVOCABLE SUBSCRIPTION

 

To:          ____________________

 

The undersigned hereby
elects to exercise its right under the attached Warrant by purchasing shares of the Common Stock, and hereby irrevocably subscribes
to such issue. The certificates for such shares shall be issued in the name of:

 

	 	 	 
	 	(Name)	 
	 	 	 
	 	(Address)	 
	 	 	 
	 	 	 
	 	(Taxpayer Number)	 
	 	 	 
	 	 	 
	 	and delivered to:	 
	 	 	 
	 	 	 
	 	(Name)	 
	 	 	 
	 	 	 
	 	(Address)	 
	 	 	 
	 ̈	PAYMENT EXERCISE: The aggregate Exercise Price of $ _____ per share is enclosed.
	 	 	 
	 	or	 
	 	 	 
	 ̈	CASHLESS EXERCISE: In lieu of payment of the aggregate Exercise Price hereof, the attached Warrant is being exercised in accordance with Section 10 of the attached Warrant.
	 	 	 
	 	Date:                           	 
	 	 	 
	 	Signed: 	 	 	 	 
	 	 	(Name of Holder, Please Print)	 
	 	 	 	 	 
	 	 	 	 	 
	 	 	(Address)	 
	 	 	 	 
	 	 	 	 	
	 	 	(Signature)	 
	 	 	 	 

 

    	 

    	 

    

 

EXHIBIT B

ASSIGNMENT

 

FOR VALUE RECEIVED,
the undersigned hereby sells, assigns and transfers unto:

 

	 	 
	(Name)	 
	 	 
	 	 
	(Address)	 
	 	 

 

the attached Warrant,
together with all right, title and interest therein to purchase _____ shares of the Common Stock, and does hereby irrevocably appoint
________________________ as attorney-in-fact to transfer said Warrant on the books of ______________________, with full power of
substitution in the premises.

 

Done this _______ day
of ____________ 20____.

 

	 	 
	 	(Signature)
	 	 
	 	 
	 	(Name and title)
	 	 
	 	  
	 	 
	 	 
	 	(Address)

 

    	 

    	 

    

 

EXHIBIT C

 

REGISTRATION RIGHTS AGREEMENT

 

    	 

    	 

    

 

EXHIBIT D

 

TAG-ALONG RIGHTS AGREEMENT

 

    	 

    	 

    

 

SCHEDULE 1 TO WARRANT

 

“Change of Control”
means the occurrence of an Event of Default under Section 8.1.10 of the Credit Agreement.

 

“Common Stock” means
the common stock, par value $.00001 per share, of the Company, any stock into which such stock shall have been changed or any stock
resulting from any reclassification of such stock and any other class of capital stock of the Company now or hereafter authorized
having the right to share in distributions either of earnings or assets of the Company without limit as to amount or percentage.

 

“Common Stock Equivalent”
means any security of the Company that is directly or indirectly convertible, exercisable, or exchangeable into Common Stock or
any other Common Stock Equivalent at any time.

 

“Common Stock Deemed Outstanding”
means, at any given time, the sum of:

 

(i)          the
number of shares of Common Stock outstanding at such time, plus

 

(ii)         the
full number of shares of Common Stock issuable upon conversion, exercise, or exchange of any Common Stock Equivalents (other than
the Preferred Stock issued and outstanding on the date hereof) outstanding at such time.

 

“Consideration” means:

 

(i)          if
the Company issues Common Stock, the gross proceeds received by the Company for each such share of Common Stock;

 

(ii)         if
the Company issues Common Stock Equivalents, the gross proceeds received by the Company for each such Common Stock Equivalent,
plus the minimum aggregate amount of gross proceeds, if any, payable to the Company upon exchange or conversion of each such Common
Stock Equivalent;

 

(iii)        if
the Company issues options or rights to subscribe for or to purchase Common Stock or Common Stock Equivalents, the gross proceeds,
if any, received by the Company for each such option or right, plus the minimum aggregate amount of gross proceeds, if any, payable
to the Company upon exercise of each such option or right and upon further exchange or conversion of each such Common Stock Equivalent
into which such option or right was exercised or converted;

 

(iv)        if
the Company issues a combination of securities consisting of Common Stock or Common Stock Equivalents and other securities of the
Company, and if the amount of gross proceeds allocable to the Common Stock or Common Stock Equivalents is not determinable on its
face at the time of such issuance, the portion of gross proceeds received by the Company, as determined in good faith by the Company’s
Board of Directors; and

 

(v)         if
the Company receives any non-cash consideration, the fair value of the non-cash consideration, as determined in good faith by the
Company’s Board of Directors.

 

    	Schedule 1 - 1

    	 

    

 

“Dilutive Transaction”
means any transaction (other than Exempt Transactions) where the Company does any of the following:

 

(i)          issues
or sells any Common Stock or any Common Stock Equivalents;

 

(ii)         issues
or sells any options, warrants or other rights to purchase or otherwise acquire any Common Stock or any Common Stock Equivalent;
or

 

(iii)        decreases
the subscription, exercise, conversion or exchange price of the securities described in (i) or (ii).

 

“Employee Options” means
options to purchase shares of Common Stock or Common Stock Equivalents issued by the Company pursuant to a stock option plan approved
by the shareholders and Board of Directors of the Company and Holder to employees of, consultants to, contractors with, or members
of the Board of Directors of, the Company or any direct or indirect Subsidiary of the Company, in connection with or as compensation
for the performance of services to the Company or any direct or indirect Subsidiary of the Company.

 

“Employee Option Shares”
means shares of Common Stock into which Employee Options are exercisable or into which Common Stock Equivalents issuable upon exercise
of Employee Options are exercisable.

 

“Equity Value” of the
Company shall mean, as of any date specified herein,

 

(a)          in
case Equity Value is being determined in connection with a Value Event described under subparagraph (a), (b) or (d) of the definition
of Value Event, the amount equal to:

 

(i)          the
sum of (A) the amount of consideration (including any cash distributed derived from the Company’s assets) received by the
Company or its equityholders, plus (B) the implied value of any equity interest retained by the Company’s equityholders if
the Value Event is not a merger or sale of all of the outstanding Capital Stock or assets of the Company, plus (C) the value of
any assets retained by the Company in the case of a Value Event involving the sale of substantially all of the Company’s
assets, plus (D) amount of any other quantifiable consideration included as part of a transaction, but only when, as and if received
by the Company or its equityholders (i.e., deferred payments, above-market covenants not to compete, above-market consulting agreements
or traded/exchanged properties); minus

 

(ii)         the
sum of (A) amount of all reasonable and documented closing costs associated with any such transaction or transactions excluding
amounts payable to the Company or any of its Affiliates, plus (B) the aggregate amount of any Funded Indebtedness outstanding as
of the consummation of any such transaction or transactions;

 

(b)          in
the case of a Value Event described under subparagraph (c) of the definition of Value Event, the amount equal to the initial public
offering price multiplied by the Common Stock Deemed Outstanding; or

 

    	Schedule 1 - 2

    	 

    

 

(c)          in
case Equity Value is being determined other than in connection with a Value Event, the Fair Market Value per share of Common Stock
multiplied by the Common Stock Deemed Outstanding.

 

“Event of Default” means
(a) the breach in any material respect of any warranty, or the inaccuracy in any material respect, of any representation, made
by the Company herein, or (b) the failure by the Company to comply with any covenant contained herein, which failure shall not
be cured within thirty (30) days after the earlier of (i) receipt by the Company of written notice of such failure, and (ii) the
time at which an officer of the Company knew or became aware, or reasonably should have known or been aware, of such failure.

 

“Exempt Transaction”
means any transaction where the Company:

 

(i)          issues
any Common Stock or Common Stock Equivalents upon conversion or exercise of securities outstanding or issued as of the date hereof;

 

(ii)         issues
any Common Stock upon exercise of this Warrant;

 

(iii)        issues
Common Stock Equivalents as a dividend or upon a stock split;

 

(iv)        issues
Employee Options to acquire Employee Option Shares in the aggregate not exceeding 5% of the Common Stock Deemed Outstanding (on
an as converted, fully diluted basis) as of the date hereof; or

 

(v)         issues
any Common Stock or Common Stock Equivalents to any holder of a Warrant or any Affiliate of a holder of a Warrant.

 

“Fair Market Value”
of a share of Common Stock means:

 

(i)          if
the Common Stock is listed on a national securities exchange or admitted to unlisted trading privileges on such exchange or listed
for trading on the NASDAQ NMS maintained by the National Association of Securities Dealers, Inc., the average of the last reported
sale prices of the share of Common Stock on the previous five trading days prior to the date of determination (or the average closing
bid and asked prices for each such day if no such sale is made on such day);

 

(ii)         if
clause (i) does not apply, and if the prices are reported by the National Quotation Bureau, Inc., the mean of the last reported
bid and asked prices reported on the previous five trading days prior to the date of determination;

 

(iii)        if
clauses (i) and (ii) do not apply, and if the transaction involves the sale by the Company of securities to unaffiliated third
parties (utilizing the services of an investment banker reasonably acceptable to Holder or a nationally recognized investment bank),
the applicable per share price in such transaction; and

 

    	Schedule 1 - 3

    	 

    

 

(iv)        in
all other cases as determined in good faith by the Board of Directors of the Company and approved by the Holder; provided that
if the Holder does not approve such determination by the Board of Directors, the Fair Market Value shall be determined based on
earnings and book value and other appropriate items in accordance with the following procedure:

 

(A)         the
Holder and the Company will each select one qualified, independent appraiser; and

 

(B)         the
two appraisers selected under clause (A) above will together select a third qualified, independent appraiser to determine a value,
which value will be the “Fair Market Value”.

 

All appraisal costs will be paid by one-half
by the Company and one-half by the Holder.

 

“Funded Indebtedness”
as of any date specified herein shall mean the sum of (a) the aggregate amount of all Debt of the Company and its Subsidiaries
as of such date, including the Obligations but excluding any intercompany Debt and any Debt owed to any Affiliate of the Company,
and (b) the liquidation value of the Preferred Stock as set forth in the Company’s articles of incorporation.

 

“IPO” means an initial
public offering and sale of equity securities by the Company, which securities are registered under the Securities Act of 1933,
as amended (other than pursuant to a registration statement on Form S-8 or any successor form), and which offering and sale is
underwritten by a nationally recognized investment bank.

 

“Issued Warrant Shares”
means and shares of Common Stock issued upon exercise of this Warrant.

 

“Non-Dilution Period”
means the period commencing on the date hereof and terminating immediately prior to the consummation of a Qualified IPO.

 

“Non-Dilutive Price”
means the Fair Market Value of a share of Common Stock on the date of the Dilutive Transaction.

 

“Per Share Price” means
the total Consideration for each share of Common Stock or Common Stock Equivalent issued or issuable by the Company in connection
with a Dilutive Transaction.

 

“Preferred Stock” means
shares of the Company’s Preferred Stock, $0.0001 par value, any stock into which such stock shall have been changed or any
stock resulting from any reclassification of such stock.

 

“Put Formula Value”
per share of Common Stock as of any date specified herein shall mean an amount equal to the quotient obtained by dividing (a) an
amount equal to (i) the product of (x) 5.0 multiplied by (y) EBITDA for the twelve month period most recently ended, plus (ii)
the aggregate amount of all cash and cash equivalents (including, without limitation, marketable securities and other short term
investments) of the Company and its Subsidiaries as of such date, minus (iii) the amount of Funded Indebtedness as of such date,
by (b) the Common Stock Deemed Outstanding on such date.

 

    	Schedule 1 - 4

    	 

    

 

“Put Period” means the
period commencing on the earliest of (a) the fourth anniversary of the Closing Date, (b) the acceleration of the Obligations, (c)
the occurrence of an Event of Default or (d) the occurrence of a Value Event, and terminating immediately prior to the consummation
of a Qualified IPO (or, if a Qualified IPO is never consummated, on the last day of the Exercise Period).

 

“Qualified IPO” means
an IPO with gross proceeds to the Company in excess of $10,000,000 (before deduction for underwriters commissions and expenses)
in which the shares of Common Stock offered to the public represent a percentage of the Common Stock Deemed Outstanding that implies
a pre-money valuation of not less than $25,000,000.

 

“Registration Rights Agreement”
means the Registration Rights Agreement between the Company and the Holder, as the same may be amended from time to time.

 

“Value Event” shall
mean any of the following events: (a) any merger or consolidation of the Company or any Subsidiary with or into any Person that
is not the Company or a wholly-owned Subsidiary of the Company, in which the Company’s equityholders immediately prior to
such merger or consolidation cease to own, directly or indirectly, a majority of the shares of Capital Stock of the surviving or
resulting Person, (b) any sale or disposition of all or substantially all the assets of the Company or its Subsidiaries to a Person
other than the Company or a wholly-owned Subsidiary of the Company, (c) any IPO other than a Qualified IPO, and (d) a Change of
Control.

 

“Weighted Average Per Share Value”
means the amount determined by performing the following calculation and rounding the resulting number to the nearest whole cent:
Divide:

 

(i)          the
sum of:

 

(a)          the
Fair Market Value of a Warrant Share multiplied by the number of shares of Common Stock Deemed Outstanding immediately prior to
the Dilutive Transaction, plus

 

(b)          the
aggregate Consideration, if any, received or to be received by the Company in connection with the Dilutive Transaction, by

 

(ii)         the
number of shares of Common Stock Deemed Outstanding immediately after the Dilutive Transaction.

 

    	Schedule 1 - 5

    	 

    

 

Exhibit 16(a)

 

Description of Common
Stock Equivalents OutstandingSUBORDINATION AGREEMENT

 

THIS SUBORDINATION
AGREEMENT (this “Agreement”) is made as of December 3, 2012 by and among (i) Michael Traina (“Junior
Lender”); (ii) Optos Capital Partners, LLC (“Optos”) and Focus Venture Partners, Inc. (“Ultimate
Parent”) (Optos and Ultimate Parent sometimes hereinafter are referred to individually as an “Obligor”
and collectively as the “Obligors”); and (iii) Atalaya Administrative LLC, in its capacity as administrative
agent for the Lenders party to the Credit Agreement referred to below (“Senior Lender”).

 

INTRODUCTION

 

A.           Optos,
MDT Labor, LLC ("MDT"), Focus Fiber Solutions, LLC ("Focus"), Jus-Com, Inc.("Jus-Com"),
CMK Resources Group, LLC ("CMK") and Townsend Careers, LLC ("Townsend", and together with MDT,
Focus, Jus-Com, CMK and Optos, collectively, the “Borrowers”), the financial institutions from time to time
parties thereto, as Lenders thereunder, and the Senior Lender, as administrative agent for such Lenders, have entered into that
certain Credit Agreement dated as of December 3, 2012 (as the same has been and may be further amended, restated, supplemented,
replaced, substituted, refinanced or otherwise modified from time to time, the “Credit Agreement”), in order
to, among other things, set forth the terms and conditions under which the Lenders will from time to time make Loans (as defined
in the Credit Agreement) to Borrowers.

 

B.           The
Junior Lender has heretofore extended credit to Optos as evidenced by a Promissory Term Note dated December 3, 2012 in the original
principal amount of $4,000,000 (“Junior Note”), and Ultimate Parent has guaranteed repayment of the Junior Note
pursuant to that certain Guaranty Agreement dated December 3, 2012 (the “Junior Guaranty”) made by Ultimate
Parent in favor of the Junior Lender.

 

C.           As
a condition precedent to Senior Lender's extension of Loans to Borrowers, Senior Lender has required Obligors and Junior Lender
to enter into this Agreement.

 

NOW THEREFORE,
in order to induce the Senior Lender to continue to provide the financial accommodations to Borrowers contemplated by the Credit
Agreement, and for other good and valuable consideration, the receipt and sufficiency of which hereby are acknowledged, the parties
hereto hereby agree, as follows:

 

1.          Definitions.
Capitalized terms used but not otherwise defined in this Agreement shall have the meanings assigned to such terms in the Credit
Agreement. As used in this Agreement, the following terms have the following meanings:

 

“Bankruptcy
Code” shall mean Chapter 11 of Title 11 of the United States Code, as amended from time to time and any successor
statutes and all rules and regulations promulgated thereunder.

 

“Collection
Action” shall mean, with respect to the Junior Debt, any action (a) to sue for, take or
receive from or on behalf of any Obligor or any other Loan Party, by set-off or in any other manner, the whole or any part of any
moneys which may now or hereafter be owing by such Obligor or any other Loan Party with respect to the Junior Debt, (b) to initiate
or participate with others in any suit, action or Proceeding against such Obligor, any other Loan Party or their property to (i)
enforce payment of or to collect the whole or any part of the Junior Debt or (ii) commence judicial enforcement of any of the rights
and remedies under the Junior Debt Documents or applicable law with respect to the Junior Debt, (c) to cause such Obligor or any
other Loan Party to honor any redemption, put or mandatory payment obligation with respect to the Junior Debt or any other equity
interests of such Obligor or any other Loan Party or (d) to take any action under the provisions of any state, federal or foreign
law, including, without limitation, the Uniform Commercial Code, or under any contract or agreement, to enforce, foreclose upon,
take possession of or sell any property or assets of such Obligor or any other Loan Party.

 

    	 

    	 

    

 

“Junior
Debt” shall mean all indebtedness and obligations of any Obligor or any other Loan Party
to the Junior Lender under the Junior Note, the Junior Guaranty and any other Junior Debt Documents.

 

“Junior
Debt Documents” shall mean, collectively, the Junior Note, the Junior Guaranty, and any and all other documents,
agreements and instruments evidencing the Junior Debt.

 

“Junior
Default” shall mean a default in the payment of the Junior Debt or in the performance of any term, covenant or condition
contained in any of the Junior Debt Documents or any other occurrence permitting the Junior Lender to accelerate the payment of
or put or cause the redemption of all or any portion of the Junior Debt or any of the Junior Debt Documents.

 

“Paid in
Full” or “Payment in Full” means the irrevocable and indefeasible payment in full of the
Senior Debt and the termination of the lending commitments under the Senior Debt Documents.

 

“Person”
shall mean any natural person, corporation, general or limited partnership, limited liability company, firm, trust, association,
government, governmental agency or other entity, whether acting in an individual, fiduciary or other capacity.

 

“Proceeding”
shall mean with respect to any Obligor or any other Loan Party, any (i) voluntary or involuntary
insolvency, bankruptcy, receivership, custodianship, liquidation, dissolution, or reorganization proceeding, (ii) assignment for
the benefit of creditors, (iii) appointment of a custodian, receiver, trustee or other officer with similar powers with respect
to such Obligor or any other Loan Party or any of their property, (iv) arrangement with creditors
(whether or not pursuant to bankruptcy or other insolvency laws), or (v) any other proceeding for the total or partial liquidation,
dissolution or other winding up or any other marshaling of the assets and liabilities of such Obligor
or any other Loan Party or other similar proceeding, including, without limitation, any of the foregoing under the Bankruptcy
Code.

 

“Reorganization
Subordinated Securities” shall mean debt or equity securities issued in a Proceeding in substitution for all or any
portion of the Junior Debt, in each case that (a) are subordinated in right of payment, performance and otherwise to the Senior
Debt (or any debt and equity securities issued in substitution for all or any portion of the Senior Debt) to at least the same
extent that the Junior Debt is subordinated to the Senior Debt pursuant to the terms of this Agreement, (b) do not have the benefit
of any obligation of any Person (whether as issuer, guarantor or otherwise) unless the Senior Debt has at least the same benefit
of the obligation of such Person, and (c) do not have any terms, and are not subject to or entitled to the benefit of any agreement
or instrument that has terms, that are more burdensome to the issuer of or other obligor on such debt or equity securities than
are the terms of (x) any such debt or equity securities issued to the Senior Lender in connection with such Proceeding or (y) the
Junior Debt immediately prior to such issuance; provided in each case that the Junior Lender shall have entered into such supplements
to or modifications of this Agreement as the Senior Lender reasonably may request to reflect the continued subordination of the
Reorganization Subordinated Securities to the Senior Debt (or debt and equity securities issued in substitution of all or a portion
thereof).

 

    	2

    	 

    

 

“Senior
Debt” shall mean the “Obligations,” as such term is defined in the Credit Agreement, including, without
limitation, the principal amount of all debts, claims and indebtedness, accrued and unpaid interest and all fees, costs and expenses,
whether primary, secondary, direct, contingent, fixed or otherwise, heretofore, now and from time to time hereafter owing, due
or payable, whether before or after the filing of a Proceeding, together with (a) any amendments, modifications, refinancings,
replacements, renewals or extensions thereof and (b) any interest accruing thereon after the commencement of a Proceeding, without
regard to whether or not such interest is an allowed claim. Senior Debt shall be considered to be outstanding whenever any loan
commitment under the Senior Debt Document is outstanding.

 

“Senior
Debt Documents” shall mean, collectively, the Credit Agreement, the other Loan Documents (as defined in the Credit
Agreement) and all other documents, agreements and instruments evidencing, securing or otherwise pertaining to all or any portion
of the Senior Debt.

 

“Senior
Default” shall mean any “Event of Default” (or other term of similar import or meaning) under the Senior
Debt Documents.

 

2.           Subordination.

 

2.1         Subordination
of Junior Debt to Senior Debt. Each Obligor covenants and agrees, and the Junior Lender covenants and agrees, that (a)
the payment of any and all of the Junior Debt is subordinate and subject in right of payment, to the extent and in the manner hereinafter
set forth, to the prior Payment in Full of the Senior Debt and (b) the existing and hereafter acquired liens and security interests
in each case securing the Senior Debt of the Senior Lender or any holder of Senior Debt in any Collateral are senior, regardless
of the time or order of attachment or the time, order, lack or method of perfection, to all existing and hereafter acquired liens
and security interests, if any, of the Junior Lender (or any agent therefor) in the Collateral, if any, securing all or any portion
of the Junior Debt. Each holder of Senior Debt, whether now outstanding or hereafter created, incurred, assumed or guaranteed,
shall be deemed to have acquired Senior Debt in reliance upon the provisions contained in this Agreement. The parties hereto hereby
intend that this Agreement be enforceable under the Bankruptcy Code.

 

2.2         Proceedings.

 

(a)          Payments
and Distributions. In the event of any Proceeding involving any Obligor any other Loan Party
or any property of any Obligor or any other Loan Party, (i) all Senior Debt first shall be Paid
in Full before any payment of, or payment or distribution with respect to, the Junior Debt shall be made (other than a distribution
of Reorganization Subordinated Securities); (ii) any payment or distribution, whether in cash, property or securities which, but
for the terms hereof, otherwise would be payable or deliverable in respect of the Junior Debt (other than a distribution of Reorganization
Subordinated Securities), shall be paid or delivered directly to the Senior Lender (to be held and/or applied by the Senior Lender
in accordance with the terms of the Credit Agreement) until all Senior Debt is Paid in Full, and the Junior Lender irrevocably
authorizes, empowers and directs all receivers, trustees, liquidators, custodians, conservators and others having authority in
the premises to effect all such payments and distributions; and (iii) the Junior Lender agrees to execute and deliver to the Senior
Lender or its representatives all such further instruments confirming the authorization referred to in the foregoing clause (ii).

 

    	3

    	 

    

 

(b)          Proofs
of Claim; Claims; Voting; and Other Matters. At any meeting of creditors or in the event of any Proceeding involving any
Obligor, any other Loan Party or any property of any Obligor or any
other Loan Party, the Junior Lender shall retain the right to vote, file a proof of claim and otherwise act with respect
to the Junior Debt (including the right to vote to accept or reject any plan of partial or complete liquidation, reorganization,
arrangement, composition or extension); provided that the Junior Lender shall not (i) initiate, prosecute or participate
in any claim or action in such Proceeding challenging the enforceability, validity, perfection or priority of the Senior Debt,
this Agreement, or any liens and security interests securing the Senior Debt or (ii) vote to accept any plan of partial or complete
liquidation, reorganization, arrangement, composition or extension that does not provide for the Payment in Full of the Senior
Debt without the prior written consent of the Senior Lender or (iii) vote, file a proof of claim and otherwise act with respect
to the Junior Debt in any manner inconsistent with the terms of this Agreement. In the event the Junior Lender fails to execute,
verify, deliver and/or file any proofs of claim in respect of the Junior Debt in connection with any such Proceeding prior to the
date that is five (5) days before the expiration of the time to file any such proof or fails to vote any such claim in any such
Proceeding prior to the date that is five (5) days before the expiration of the time to vote any such claim, the Junior Lender
hereby irrevocably authorizes, empowers and appoints Senior Lender its agent and attorney-in-fact to execute, verify, deliver and
file such proofs of claim and vote such claim in any such Proceeding; provided the Senior Lender shall have no obligation
to exercise any such authority with respect to the Junior Lender’s claim. In the event the Senior Lender votes any such claim
in accordance with the authority granted hereby, the Junior Lender shall not be entitled to change or withdraw such vote.

 

(c)          Reinstatement.
The Senior Debt shall continue to be treated as Senior Debt and the provisions of this Agreement shall continue to govern the relative
rights and priorities of the Senior Lender and the Junior Lender even if all or part of the Senior Debt or the security interests
securing the Senior Debt are subordinated, set aside, avoided or disallowed in connection with any such Proceeding. This Agreement
shall be reinstated if at any time any payment of any of the Senior Debt is rescinded or must otherwise be returned by any holder
of Senior Debt or any representative of such holder.

 

(d)          Collateral.
To the extent that the Junior Lender has or acquires any liens or other rights with respect to any Collateral, the Junior Lender
shall not assert such rights in any Proceeding without the prior written consent of the Senior Lender unless requested to do so
by the Senior Lender, in which case the Junior Lender shall seek to exercise such rights in the manner requested by the Senior
Lender.

 

2.3         Junior
Debt Payments.

 

(a)          Restrictions
on Payment. The terms of the Junior Debt Documents to the contrary notwithstanding,
each Obligor hereby agrees that it shall not at any time make, and shall not permit or cause to be made, and the Junior Lender
hereby agrees that it shall not at any time accept, or permit to be accepted, directly or indirectly, any payment or distribution
on account of, or any redemption, purchase or acquisition of, the Junior Debt (by set off or otherwise) until the Senior
Debt is Paid in Full; provided, that so long as no Event of Default exists or would be created
by such payment:

 

(i)          Optos
may pay, and Junior Lender may accept, payment of accrued and unpaid interest on the Junior Debt at any time after March 31, 2013
not more than fifteen, nor less than five, Business Days after the date Optos has delivered to Senior Lender notice of the amount
and date of the payment of accrued and unpaid interest proposed to be made (the “Proposed Interest Payment”),
accompanied by evidence reasonably acceptable to Senior Lender that (A) the Fixed Charge Coverage Ratio as of the last day of the
Fiscal Quarter most recently ended prior to the date the Proposed Interest Payment is to be made was greater than 1.25 to 1.00,
and (B) if the Proposed Interest Payment had been made on such last day, the Fixed Charge Coverage Ratio as of such last day still
would have been greater than 1.25 to 1.00; and

 

    	4

    	 

    

 

(ii)         Optos
may pay, and Junior Lender may accept, a one-time payment of principal on the Junior Debt in an amount up to $1,500,000 so long
as Optos has delivered to Senior Lender evidence reasonably acceptable to Senior Lender that Ultimate Parent has received not less
than $10,000,000 in gross proceeds from the issuance of Qualified Stock subsequent to the Closing Date, so long as such payment
is made substantially concurrently with the receipt by Optos of such gross proceeds; and

 

(iii)        Optos
may pay, and Junior Lender may accept, scheduled payments of principal on the Junior Debt not more than fifteen, nor less than
five, Business Days after the date Optos has delivered to Senior Lender notice of the amount and date of the scheduled payment
of principal proposed to be made (the “Proposed Principal Payment”), accompanied by evidence reasonably acceptable
to Senior Lender that:

 

(A)         Ultimate
Parent has received not less than $10,000,000 in gross proceeds from the issuance of Qualified Stock subsequent to the Closing
Date;

 

(B)         the
Senior Debt to EBITDA Ratio for the Computation Period ending as of the last day of the Fiscal Quarter most recently ended prior
to the date the Proposed Principal Payment is to be made, and for the Computation Period ending as of the last day of the immediately
preceding Fiscal Quarter, was less than 1.25 to 1.00;

 

(C)         the
Fixed Charge Coverage Ratio as of the last day of the Fiscal Quarter most recently ended prior to the date the Proposed Principal
Payment is to be made was greater than 1.25 to 1.00; and

 

(D)         if
the Proposed Principal Payment had been made on the last day of the Fiscal Quarter most recently ended prior to the date the Proposed
Principal Payment is to be made, the Fixed Charge Coverage Ratio as of such last day still would have been greater than 1.25 to
1.0.

 

2.4         Restriction
on Action by the Junior Lender.

 

(a)          Until
the Senior Debt is Paid in Full, the Junior Lender shall not, without the prior written consent of the Senior Lender, exercise
any right or remedy or action, including declaring the Junior Debt to be due and payable or taking any other action, including,
without limitation, a Collection Action, with respect to the Junior Debt (including the declaration of a default or event of default
or the giving of any notice in connection therewith). Any proceeds of any Collection Action obtained by the Junior Lender shall
in any event be held in trust by it for the benefit of Senior Lender and promptly paid or delivered to Senior Lender in the form
received until all Senior Debt is Paid in Full.

    	5

    	 

    

 

(b)          Notwithstanding
any provision of this Agreement to the contrary, the Junior Lender agrees not to assert and hereby waives, to the fullest extent
permitted by law, any right to demand, request, plead or otherwise assert or otherwise claim against the Senior Lender the benefit
of any marshaling, appraisal, valuation or other similar doctrine or right that may otherwise be available under applicable law
or any other similar rights a junior creditor might have under applicable law with respect to the Collateral.

 

2.5         No
Liens.

 

(a)          Until
the Senior Debt is Paid in Full, the Junior Lender shall not seek to obtain, and shall not take, accept, obtain or have, any lien
or security interest in any Collateral as security for all or any part of the Junior Debt and, in the event that the Junior Lender
obtains any liens or security interests in any Collateral not otherwise permitted hereby, the Junior Lender shall (or shall cause
its agents to) promptly execute and deliver to the Senior Lender such documents, agreements and instruments, and take such other
actions, as the Senior Lender shall request to release such liens and security interests in such Collateral.

 

(b)          The
Senior Lender shall have the exclusive right as to the exercise and enforcement of all privileges and rights with respect to the
Collateral in its sole discretion, including, without limitation, the exclusive right to take or retake control or possession of
such Collateral and to hold, prepare for sale, process, sell, lease, dispose of, or liquidate such Collateral or settle or adjust
insurance claims with respect thereto. Without in anyway limiting the foregoing, if in connection with any sale or other disposition
of Collateral the Senior Lender requests that the Junior Lender release any liens upon such Collateral, then the Junior Lender
shall execute and deliver such documents, agreements and instruments, and take such other actions, at Obligors’ expense,
as are necessary to release any liens in favor of Junior Lender in such Collateral.

 

(c)          In
furtherance of the foregoing, the Junior Lender hereby irrevocably appoints the Senior Lender its attorney-in-fact, with full authority
in the place and stead of the Junior Lender and in the name of the Junior Lender or otherwise, to execute and deliver any document,
agreement or instrument which the Junior Lender may be required to deliver pursuant to this Section 2.5. The Senior Lender
shall have no responsibility for or obligation or duty with respect to any of the Collateral or any matter or proceeding arising
out of or relating thereto, including, without limitation, any obligation or duty to collect any sums due in respect thereof or
to protect or preserve any rights pertaining thereto.

 

2.6         Amendment
of Junior Debt Documents. Until the Senior Debt is Paid in Full, and anything contained in the Junior Debt Documents, the
Credit Agreement or any of the other Senior Debt Documents to the contrary notwithstanding, the Junior Lender shall not, without
the prior written consent of the Senior Lender, agree to any amendment or supplement to, or other modification of, the Junior Debt
Documents or the Junior Debt the effect of which is to (a) increase the maximum principal amount of the Junior Debt, (b) increase
the rate of interest on any of the Junior Debt, (c) change any date upon which regularly scheduled payments of principal
or interest on the Junior Debt are due to an earlier date, (d) add or make more restrictive any event of default or any covenant
with respect to the Junior Debt or make any change to any event of default or any covenant which would have the effect of making
such event of default or covenant more restrictive, (e) change the final maturity date of any Junior Debt to a date that is earlier
than the date which is 180 days after the scheduled maturity date of the Senior Debt, (f) take any liens or security interests
in assets of any Obligor or any other Collateral securing the Senior Debt, (g) change any redemption, put or prepayment provisions
of the Junior Debt, (h) alter the subordination provisions with respect to the Junior Debt, including, without limitation, subordinating
the Junior Debt to any other indebtedness, or (i) change or amend any other term of the Junior Debt Documents if such change or
amendment would result in a Senior Default, increase the obligations of any Obligor or confer additional material rights on the
Junior Lender or any holder of the Junior Debt in a manner adverse to such Obligor or the Senior Lender.

 

    	6

    	 

    

 

2.7         Incorrect
Payments. If any payment of the Junior Debt not permitted to be made by any Obligor or received by the Junior Lender under
this Agreement is received by the Junior Lender before all Senior Debt is Paid in Full, such payment shall not be commingled with
any asset of the Junior Lender, shall be held in trust by the Junior Lender for the benefit of all holders of Senior Debt and shall
be promptly paid over to the Senior Lender or its designated representatives, for application (in accordance with the Credit Agreement)
to the payment of the Senior Debt then remaining unpaid, until all of the Senior Debt is Paid in Full. Any amount held in trust
or paid over to the Senior Lender or its designated representatives shall not be considered a payment of Junior Debt as between
the Obligors and Junior Lenders.

 

2.8         Transfer.
The Junior Lender shall not sell, assign, pledge, dispose of or otherwise transfer all or any portion of the Junior Debt or any
Junior Debt Document (a) without giving prior written notice of such action to the Senior Lender, (b) unless prior to the consummation
of any such action, the transferee thereof shall execute and deliver to the Senior Lender an agreement substantially identical
to this Agreement providing for the continued subordination and forbearance of the Junior Debt to the Senior Debt as provided herein
and for the continued effectiveness of all of the rights of the Senior Lender arising under this Agreement, and (c) unless, following
the consummation of any such action, there shall be either (i) no more than three (3) holders of the Junior Debt or (ii) one Person
acting as agent for all holders of the Junior Debt pursuant to documentation reasonably satisfactory to the Senior Lender such
that any notices and communications to be delivered to or by the Junior Lender hereunder shall be made to or obtained from such
agent and shall be binding on the Junior Lender as if directly received by or obtained from the Junior Lender. Notwithstanding
the failure to execute or deliver any such agreement substantially identical to this Agreement, the subordination effected hereby
shall survive any sale, assignment, pledge, disposition or other transfer of all or any portion of the Junior Debt, and the terms
of this Agreement shall be binding upon the successors and assigns of the Junior Lender.

 

2.9         Legends.
Until the Senior Debt is Paid in Full, the Junior Note and any other Junior Debt Document at all times shall contain in a conspicuous
manner the following legend:

 

“This
instrument and the rights and obligations evidenced hereby are subordinate in the manner and to the extent set forth in that certain
Subordination Agreement (as the same may be amended, supplemented, replaced, substituted, refinanced, or otherwise modified from
time to time, the “Subordination Agreement”) dated as of December 3, 2012 among Michael Traina, Optos
Capital Partners, LLC, Focus Venture Partners, Inc. and Atalaya Administrative LLC, to the Senior
Debt (as defined therein), as more particularly described in the Subordination Agreement, and each holder of this instrument, by
its acceptance hereof, shall be bound by the provisions of the Subordination Agreement.”

 

    	7

    	 

    

 

3.          Modifications
to Senior Debt. The Senior Lender may at any time without the consent of or notice to the Junior Lender, without incurring
liability to the Junior Lender and without impairing or releasing the obligations of the Junior Lender under this Agreement, change
the manner or place of payment or extend the time of payment of, increase the interest rates and fees applicable to or renew or
alter any of the other terms of the Senior Debt or the Senior Debt Documents, or amend, modify, supplement, restate, substitute,
replace or refinance in any manner any Senior Debt Document or any other any agreement, note, guaranty or other instrument evidencing
or securing or otherwise relating to the Senior Debt.

 

4.          Continued
Effectiveness of this Agreement. The terms of this Agreement, the subordination effected hereby, and the rights and the
obligations of the Junior Lender, Obligors, the Senior Lender and any holders of the Senior Debt arising hereunder shall not be
affected, modified or impaired in any manner or to any extent by the validity or enforceability of any of the Senior Debt Documents,
or the Junior Debt Documents, or any exercise or non-exercise of any right, power or remedy under or in respect of the Senior Debt,
the Senior Debt Documents, the Junior Debt or the Junior Debt Documents. The Junior Lender hereby acknowledges that the provisions
of this Agreement are intended to be enforceable at all times, whether before the commencement of, after the commencement of, in
connection with or premised on the occurrence of a Proceeding.

 

5.          No
Contest by Junior Lender. The Junior Lender agrees that it will not at any time contest the validity, perfection, priority
or enforceability of the Senior Debt, the Senior Debt Documents, or the liens and security interests of the Senior Lender and any
holders of the Senior Debt in any Collateral.

 

6.          Representations
and Warranties. The Junior Lender hereby represents and warrants to the Senior Lender as follows:

 

6.1         Authority.
The Junior Lender has full power and capacity to enter into, execute, deliver and carry out the terms of this Agreement.

 

6.2         Binding
Agreements. This Agreement, when executed and delivered, will constitute the valid and legally binding obligation of the
Junior Lender enforceable in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy,
insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors’ rights generally and by equitable
principles.

 

6.3         Conflicting
Agreements; Litigation. No provisions of any mortgage, indenture, contract, agreement, statute, rule, regulation, judgment,
decree or order binding on the Junior Lender conflicts with, or requires any consent which has not already been obtained under,
or would in any way prevent the execution, delivery or performance of the terms of this Agreement by the Junior Lender. No pending
or, to the best of the Junior Lender’s knowledge, threatened, litigation, arbitration or other proceedings if adversely determined
would prevent the performance of the terms of this Agreement by the Junior Lender.

 

6.4         Ownership.
The Junior Lender is the sole and lawful owner, beneficially and of record, of its Junior Note and the Junior Debt evidenced thereby
and no part thereof is subject to any defense, credit, setoff, deduction, dispute or counterclaim, all such defenses, credits,
setoffs, deductions and disputes and counterclaims hereby being waived.

 

6.5         Default
under Junior Note. On the date hereof, no Junior Default exists under or with respect to the Junior Note or any of the
other Junior Debt Documents.

 

    	8

    	 

    

 

7.          Notice
of Junior Default. The Junior Lender and Obligors shall provide the Senior Lender with a written notice of the occurrence
of each Junior Default, and shall notify the Senior Lender in writing in the event such Junior Default is cured or waived; provided
that any failure to deliver any such notices shall not otherwise affect the subordination provisions or other obligations of the
Junior Lender or Obligors hereunder.

 

8.          Cumulative
Rights, No Waivers. Each and every right, remedy and power granted to the Senior Lender or any holder of the Senior Debt
hereunder shall be cumulative and in addition to any other rights, remedy or power specifically granted herein or in the Senior
Debt Documents or now or hereafter existing in equity, at law, by virtue of statute or otherwise, and may be exercised by the Senior
Lender or any holder of Senior Debt from time to time, concurrently or independently and as often and in such order as the Senior
Lender or such holder may deem expedient. Any failure or delay on the part of the Senior Lender or any holder of Senior Debt in
exercising any such right, remedy or power, or abandonment or discontinuance of steps to enforce the same, shall not operate as
a waiver thereof or affect the rights of the Senior Lender or such holder thereafter to exercise the same, and any single or partial
exercise of any such right, remedy or power shall not preclude any other or further exercise thereof or the exercise of any other
right, remedy or power, and no such failure, delay, abandonment or single or partial exercise of the rights of the Senior Lender
or such holder hereunder shall be deemed to establish a custom or course of dealing or performance among the parties hereto.

 

9.          Modification.
Any modification or waiver of any provision of this Agreement, or any consent to any departure by the Junior Lender therefrom,
shall not be effective in any event unless the same is in writing and signed by the Senior Lender and the holders of at least 51%
of the then outstanding principal balance of the Junior Note, and then such modification, waiver or consent shall be effective
only in the specific instance and for the specific purpose given.

 

10.        Additional
Documents and Actions. The Junior Lender at any time, and from time to time, after the execution and delivery of this Agreement,
shall promptly execute and deliver such further documents and do such further acts and things as the Senior Lender reasonably may
request in order to effect fully the purposes of this Agreement.

 

11.        Notices.
Unless otherwise specifically provided herein, any notice or other communication required or permitted to be given shall be in
writing addressed to the respective party as set forth below and shall be given only by, and shall be deemed to have been received
upon: (a) where the sender and recipient are both located in the United States of America, registered or certified mail, return
receipt requested, on the date on which such notice was received as indicated in such return receipt; (b) delivery by a nationally
recognized overnight courier, one (1) Business Day (but shall be two (2) Business Days in the case of notices by Senior Lender
to Junior Lender or by Junior Lender to Senior Lender) after deposit with such courier; or (c) facsimile or electronic transmission,
in each case upon telephone or further electronic communication from the recipient acknowledging receipt (whether automatic or
manual from recipient), as applicable.

 

Notices shall be addressed as
follows:

 

(a)          If
to the Junior Lender:

Michael Traina

105 Montgomery Ave., Suite 1053

Lansdale, PA 19446

		Telephone:	(267) 421-5040

		Facsimile:	(267) 421-5281

 

    	9

    	 

    

 

(b)          If
to any Obligor:

c/o Optos Capital Partners, LLC

969 Postal Road

Suite 100

Allentown, PA 18109

		Attention:	Christopher Ferguson

		Telephone:	(215) 820-9299

		Facsimile:	(610) 672-9999

 

(c)          If
to the Senior Lender:

Atalaya Administrative LLC

780 Third
Avenue, 27th Floor

New York,
New York 10017

		Attention:	Michael Bogdan

		Telephone:	(212) 527-8183

		Facsimile:	(917) 274-1173

 

or in any case, to such other address as
the party addressed shall have previously designated by written notice to the serving party, given in accordance with this Section
11. A notice not given as provided above shall, if it is in writing, be deemed given if and when actually received by the party
to whom given.

 

12.         Severability.
 In the event that any provision of this Agreement is deemed to be invalid, illegal or unenforceable by reason of the operation
of any law or by reason of the interpretation placed thereon by any court or governmental authority, the validity, legality and
enforceability of the remaining provisions of this Agreement shall not in any way be affected or impaired thereby, and the affected
provision shall be modified to the minimum extent permitted by law so as most fully to achieve the intention of this Agreement.

 

13.         Successors
and Assigns. This Agreement shall inure to the benefit of and be binding upon the Senior Lender, successors and assigns
of the Senior Lender and all future holders of the Senior Debt and their respective successors and assigns and shall be binding
upon the successors and assigns of the Junior Lender and Obligors. The Senior Lender, without notice to or consent of the Junior
Lender, may assign or transfer any or all of the Senior Debt or any interest therein to any Person and, notwithstanding any such
assignment or transfer, or any subsequent assignment or transfer, the Senior Debt shall, subject to the terms hereof, be and remain
Senior Debt for purposes of this Agreement, and every permitted assignee or transferee of any of the Senior Debt or of any interest
therein shall, to the extent of the interest of such permitted assignee or transferee in the Senior Debt, be entitled to rely upon
and be the third party beneficiary of the subordination provided under this Agreement and shall be entitled to enforce the terms
and provisions hereof to the same extent as if such assignee or transferee were initially a party hereto. THE JUNIOR LENDER AND
OBLIGOR ACKNOWLEDGE AND AGREE THAT THE SENIOR LENDER AT ANY TIME AND FROM TIME TO TIME MAY DIVIDE AND RESTATE ANY NOTE EVIDENCING
THE SENIOR DEBT, THE OBLIGATIONS UNDER THE LOAN AGREEMENT, THE COLLATERAL AND THE SENIOR DEBT DOCUMENTS TO ONE OR MORE OTHER PERSONS,
IN EACH CASE ON THE TERMS AND CONDITIONS IN THE LOAN AGREEMENT. The terms “Senior Lender” in this Agreement include
transferees and participants of the Senior Debt and successors and assigns, each of which shall have all rights and benefits of
the Senior Lender hereunder. Each transferee and participant of the Senior Debt (to the extent provided in the Credit Agreement)
shall have all of the rights and benefits with respect to the Obligations under the Credit Agreement, any notes evidencing Senior
Debt, the Collateral, this Agreement and the Senior Debt Documents held by it as fully as the original holder thereof.

 

    	10

    	 

    

 

14.         Counterparts.
This Agreement may be executed in one or more counterparts, all of which, taken together, shall constitute one fully-executed instrument.
This Agreement may be executed by facsimile transmission, which facsimile signatures shall be considered original executed counterparts
for purposes of this Section 14, and each party to this Agreement agrees that it will be bound by its own facsimile signature
and that it accepts the facsimile signature of each other party to this Agreement.

 

15.         Defines
Rights of Creditors; Obligors’ Obligations Unconditional. The provisions of this Agreement are solely for the purpose
of defining the relative rights of the Junior Lender, the Senior Lender and the holders of Senior Debt and shall not be deemed
to create any rights or priorities in favor of any other Person, including, without limitation, Obligors. As between Obligors and
the Senior Lender, nothing contained herein shall impair the unconditional and absolute obligation of Obligors to the Senior Lender
to pay the Senior Debt as such Senior Debt shall become due and payable in accordance with the Senior Debt Documents. The failure
of Obligors to make any payment to the Junior Lender due to the operation of this Agreement shall not be construed as prohibiting
the occurrence of a Junior Default.

 

16.         Subrogation.
After and subject to the Payment in Full of the Senior Debt, and prior to repayment in full of the Junior Debt, the Junior Lender
shall be subrogated to the rights of the Senior Lender to the extent that payments and distributions otherwise payable to the Junior
Lender have been applied to the Senior Debt in accordance with the provisions of this Agreement. For purposes of such subrogation,
no payments or distributions to the holders of Senior Debt of any cash, property or securities to which the Junior Lender would
be entitled except for the provisions of this Agreement, and no payments pursuant to the provisions of this Agreement to the holders
of Senior Debt by the Junior Lender, shall, as among any Obligor, its creditors (other than the Senior Lender) and the Junior Lender
be deemed to be a payment or distribution by such Obligor to or on account of the Senior Debt; it being understood that the provisions
of this Agreement are and are intended solely for the purpose of defining the relative rights of the Junior Lender, on the one
hand, and the Senior Lender and holders of the Senior Debt, on the other hand. The Senior Lender shall have no obligation or duty
to protect the Junior Lender’s rights of subrogation arising pursuant to this Agreement or under any applicable law, nor
shall the Senior Lender be liable for any loss to, or impairment of, any subrogation rights held by the Junior Lender.

 

17.         Conflict.
In the event of any conflict between any term, covenant or condition of this Agreement and any term, covenant or condition of any
of the Junior Debt Documents or the Senior Debt Documents, the provisions of this Agreement shall control and govern.

 

18.         Headings.
The paragraph headings used in this Agreement are for convenience only and shall not affect the interpretation of any of the provisions
hereof.

 

19.         Termination.
This Agreement shall terminate upon the Payment in Full of the Senior Debt.

 

20.         Applicable
Law. THIS AGREEMENT SHALL BE A CONTRACT MADE UNDER AND GOVERNED BY THE INTERNAL LAWS OF THE STATE OF NEW YORK APPLICABLE
TO CONTRACTS MADE AND TO BE PERFORMED ENTIRELY WITHIN SUCH STATE, WITHOUT REGARD TO CONFLICT
OF LAWS PRINCIPLES.

 

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21.         CONSENT
TO JURISDICTION. JUNIOR LENDER AND EACH OBLIGOR EACH HEREBY AGREES THAT ALL ACTIONS OR PROCEEDINGS INITIATED BY IT AND
ARISING DIRECTLY OR INDIRECTLY OUT OF THIS AGREEMENT SHALL BE LITIGATED IN THE COURTS OF THE NEW YORK COUNTY, THE STATE OF NEW
YORK, OR IN THE UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW YORK, OR, IF SENIOR LENDER INITIATES SUCH ACTION,
IN ADDITION TO THE FOREGOING COURTS, ANY COURT IN WHICH SENIOR LENDER SHALL INITIATE OR TO WHICH SENIOR LENDER OR SHALL REMOVE
SUCH ACTION, TO THE EXTENT SUCH COURT OTHERWISE HAS JURISDICTION. JUNIOR LENDER AND EACH OBLIGOR EACH HEREBY EXPRESSLY AND IRREVOCABLY
SUBMITS AND CONSENTS IN ADVANCE TO THE JURISDICTION OF SUCH COURTS IN ANY ACTION OR PROCEEDING COMMENCED IN OR REMOVED BY SENIOR
LENDER TO ANY OF SUCH COURTS, AND HEREBY WAIVES PERSONAL SERVICE OF THE SUMMONS AND COMPLAINT, OR OTHER PROCESS OR PAPERS ISSUED
THEREIN, AND AGREES THAT SERVICE OF SUCH SUMMONS AND COMPLAINT OR OTHER PROCESS OR PAPERS MAY BE MADE BY REGISTERED OR CERTIFIED
MAIL ADDRESSED TO IT AT THE ADDRESS FOR NOTICES IN SECTION 11 ABOVE. JUNIOR LENDER AND OBLIGOR EACH WAIVES ANY CLAIM THAT
ANY COURT HAVING SITUS IN NEW YORK COUNTY, NEW YORK, IS AN INCONVENIENT FORUM OR AN IMPROPER FORUM BASED ON LACK OF VENUE. SHOULD
ANY JUNIOR LENDER OR OBLIGOR, AFTER BEING SO SERVED, FAIL TO APPEAR OR ANSWER ANY SUMMONS, COMPLAINT, PROCESS OR PAPERS SO SERVED
WITHIN THE PERIOD OF TIME PRESCRIBED BY LAW AFTER THE MAILING THEREOF, IT SHALL BE DEEMED IN DEFAULT AND AN ORDER AND/OR JUDGMENT
MAY BE ENTERED BY SENIOR LENDER AGAINST JUNIOR LENDER OR SUCH OBLIGOR, AS THE CASE MAY BE, AS DEMANDED OR PRAYED FOR IN SUCH SUMMONS,
COMPLAINT, PROCESS OR PAPERS. THE EXCLUSIVE CHOICE OF FORUM FOR JUNIOR LENDER AND EACH OBLIGOR SET FORTH IN THIS SECTION 21 SHALL
NOT BE DEEMED TO PRECLUDE THE ENFORCEMENT, BY SENIOR LENDER, OF ANY JUDGMENT OBTAINED IN ANY OTHER FORUM OR THE TAKING, BY SENIOR
LENDER, OF ANY ACTION TO ENFORCE THE SAME IN ANY OTHER APPROPRIATE JURISDICTION, AND JUNIOR LENDER AND EACH OBLIGOR EACH HEREBY
WAIVES THE RIGHT TO COLLATERALLY ATTACK ANY SUCH JUDGMENT OR ACTION.

 

22.         WAIVER
OF JURY TRIAL.  THE JUNIOR LENDER, EACH OBLIGOR AND THE SENIOR
LENDER HEREBY WAIVE THEIR RESPECTIVE RIGHTS TO A JURY TRIAL OF ANY CLAIM OR CAUSE OF ACTION BASED UPON OR ARISING OUT OF THIS AGREEMENT.
THE JUNIOR LENDER, EACH OBLIGOR AND THE SENIOR LENDER ACKNOWLEDGE THAT THIS WAIVER IS A MATERIAL INDUCEMENT TO ENTER INTO A BUSINESS
RELATIONSHIP, THAT EACH HAS RELIED ON THE WAIVER IN ENTERING INTO THIS AGREEMENT AND THAT EACH WILL CONTINUE TO RELY ON THE WAIVER
IN THEIR RELATED FUTURE DEALINGS. THE JUNIOR LENDER, EACH OBLIGOR AND THE SENIOR LENDER WARRANT AND REPRESENT THAT EACH HAS HAD
THE OPPORTUNITY OF REVIEWING THIS JURY WAIVER WITH LEGAL COUNSEL, AND THAT EACH KNOWINGLY AND VOLUNTARILY WAIVES ITS JURY TRIAL
RIGHTS.

 

23.         No
Third Party Beneficiary. This Agreement is not intended to benefit or confer any rights
upon any Obligor or upon any third party (except pursuant to Section 13 hereof).

 

    	12

    	 

    

 

24.         Waiver
of Consolidation. The Junior Lender acknowledges and agrees that (i) Obligors and any other
guarantor of the Obligations are each separate and distinct entities; and (ii) it will not at any time insist upon, plead or seek
advantage of any substantive consolidation, piercing the corporate veil or any other order or judgment that causes an effective
combination of the assets and liabilities of Obligors and any other guarantor of the Obligations in any Proceeding under the Bankruptcy
Code or other similar proceeding.

 

25.         Consent
of Junior Lender. The Junior Lender hereby consents to and authorizes all terms and provisions of the Senior Debt Documents,
the creation of the Obligations and the granting of security interests by Obligors in and to the Collateral pursuant to the Senior
Debt Documents and otherwise and to all of the transactions contemplated by the Senior Debt Documents, and hereby recognizes that
all of the foregoing is authorized and permitted pursuant to the Junior Debt Documents. The Junior Lender and Obligor hereby agree
and acknowledge and represent and warrant that none of the foregoing are or shall be considered a violation or breach or default
under any of the Junior Debt Documents.

 

{Signatures appear on the following page.}

 

    	13

    	 

    

 

IN WITNESS WHEREOF, the Junior Lender,
Obligors and the Senior Lender have caused this Subordination Agreement to be executed as of the date first above written.

 

	 	JUNIOR LENDER:
	 	 
	 	/s/ MICHAEL TRAINA
	 	MICHAEL TRAINA
	 	 
	 	OBLIGORS:
	 	 
	 	OPTOS CAPITAL PARTNERS, LLC
	 	 
	 	By:	Focus Venture Partners, Inc., its
	 	 	sole Member and Manager
	 	 	 	 
	 	 	By:	/s/ Christopher Ferguson
	 	 	 	Christopher Ferguson
	 	 	 	President
	 	 	 	 
	 	FOCUS VENTURE PARTNERS, INC.
	 	 	 
	 	By:	/s/ Christopher Ferguson
	 	 	Christopher Ferguson
	 	 	President
	 	 	 
	 	SENIOR LENDER:
	 	 
	 	ATALAYA ADMINISTRATIVE LLC
	 	 	 
	 	By:	/s/ Michael E. Bogdan
	 	 	Michael E. Bogdan
	 	 	Authorized Signatory

  

Traina Subordination Agreement Signature Page

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