Document:

Amendment No.1 to Amended and Restated Rights Agreement

 Exhibit 4.4 
  
 AMENDMENT NO. 1 TO 
 AMENDED AND RESTATED 
 REGISTRATION RIGHTS AGREEMENT 
  
 This Amendment No. 1 (the “Amendment”) is made as of this 1st day of April, 2005 to that certain Amended and Restated Registration Rights Agreement (the “Agreement”) made and entered into as of
September 30, 2004, by and among COMSYS IT Partners, Inc. (f/k/a Venturi Partners, Inc.), a Delaware corporation (the “Company”), and the parties identified as “Investors” on the signature pages thereto (the
“Investors”). Capitalized terms used but not defined herein have the meanings given such terms in the Agreement. 
  
 A. The Company and the Investors entered into the Agreement to govern certain of their rights, duties and obligations relating to registration of their
Registrable Securities. 
  
 B. Section 11(c) of the Agreement
provides that the provisions of the Agreement may be amended, modified, supplemented or waived upon the prior written consent of the Company and the Holders of a majority of the outstanding Registrable Securities. 
  
 C. The Company and the undersigned Holders representing a majority of the
outstanding Registrable Securities desire to amend, modify, supplement and waive provisions of the Agreement as set forth herein. 
  
 D. Now, therefore, for good, valuable and binding consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto,
intending to be legally bound hereby, now agree as follows: 
  
 STATEMENT OF AGREEMENT 
  
 Section 1. Section 3(a) of the Agreement is hereby amended by 
  

	 	(i)	deleting the first sentence thereof and inserting the following in lieu thereof: 

  
 Whenever the Company or another party having registration rights proposes that the Company register any of the
Company’s equity securities under the Securities Act (other than a registration on Form S-4 relating solely to a transaction described in Rule 145 of the Securities Act or a registration on Form S-8 or any successor forms thereto), whether or
not for sale for the Company’s own account, the Company will give written notice of such proposed filing to all Holders prior to or promptly after the initial filing of the registration statement. 
  

	and	

  

	 	(ii)	deleting the last sentence thereof and inserting the following in lieu thereof: 

  
 Each Holder shall be permitted to withdraw all or part of the Registrable Securities from a Piggyback Registration at any
time prior to the effective time of such Piggyback Registration except to the extent such withdrawal rights may be limited in any subsequent agreement entered into by a Holder. 

 Section 2. Section 4(a) of the Agreement is hereby amended by 
  

	 	(i)	deleting the second sentence thereof and inserting the following in lieu thereof: 

  
 The Company agrees to use its commercially reasonable efforts to keep such Shelf Registration continuously effective and
usable for resale of Registrable Securities for 18 months after the date such Shelf Registration is declared effective by the Commission or such shorter period which will terminate at such time as the Holders have sold all the Registrable Securities
covered by such Shelf Registration. 
  
 and 
  

	 	(ii)	adding the following sentence at the end thereof: 

  
 Notwithstanding the foregoing provisions of this Section 4(a), in the event: (i) the Company proposes to undertake a registered underwritten offering of
its securities, (ii) the Company files a registration statement relating thereto on or before April 30, 2005 and such registration statement is declared effective by the Commission on or before July 31, 2005 and (iii) the Holders are given the
opportunity to include Registrable Securities in such offering in accordance with Section 3 above, the Company shall not be obligated to cause the Shelf Registration to be declared effective by the SEC until 90 days after the closing of such other
securities offering. If the registration statement for such proposed underwritten offering has not been declared effective on or before July 31, 2005, the Company shall again be obligated to cause the Shelf Registration to be declared effective as
promptly thereafter as practicable. 
  
 Section 3. Section 5(a)(i)
is hereby amended and restated to read as follows: 
  
 (i) the
Board of Directors of the Company determines that filing or maintaining the effectiveness of such Registration Statement would have a material adverse effect on the Company or the holders of its capital stock in relation to any material acquisition
or disposition, financing or other corporate transaction or 
  
 Section 4. Miscellaneous. 
  
 (a) Ratification and
Confirmation. Except as expressly set forth in this Amendment, the terms, provisions and conditions of the Agreement shall remain unchanged and in full force and effect without interruption or impairment of any kind. 
  

 2 

 (b) Governing Law. This Agreement will be governed by and construed in accordance with the laws of the
State of Delaware, without giving regard to the conflict of law principles thereof. 
  
 (c) Headings. The article and section headings contained in this Amendment are inserted for convenience only and will not affect in any way the meaning or interpretation of this Amendment. 
  
 (d) Counterparts. This Amendment may be executed in two or more counterparts,
each of which will be deemed an original but all of which together will constitute one and the same instrument. This Agreement may be delivered by exchange of copies of the signature page by facsimile transmission. 
  
 (e) Severability. The provisions of this Amendment will be deemed severable
and the invalidity or unenforceability of any provision will not affect the validity or enforceability of the other provisions hereof; provided that if any provision of this Amendment, as applied to any party or to any circumstance, is judicially
determined not to be enforceable in accordance with its terms, the parties agree that the court judicially making such determination may modify the provision in a manner consistent with its objectives such that it is enforceable, and/or to delete
specific words or phrases, and in its modified form, such provision will then be enforceable and will be enforced. 
  
 (f) Amendment. This Amendment may not be amended or modified except in the manner specified for an amendment of or modification to the Agreement in
Section 11(c) of the Agreement. 
  
 (g) Entire Agreement. The
Agreement as amended by this Amendment constitutes the entire agreement and understanding of the parties in respect of the subject matter of the Agreement as amended by this Amendment and supersedes all prior understandings, agreements or
representations by or among the parties, written, or oral, to the extent they relate in any way to the subject matter of the Agreement as amended by this Amendment. 
  

 3 

 IN WITNESS WHEREOF the parties hereto have or have caused this Registration Rights Agreement to be duly
executed as of the date first above written 
  

			
	THE COMPANY:
	
	COMSYS IT Partners, Inc.
		
	By:	 	 /s/ David L. Kerr

	Name:	 	 David L. Kerr

	Title:	 	 Senior Vice President—Corporate Development

	
	THE INVESTORS:
	
	INLAND PARTNERS, L.P.
		
	By:	 	Coryton Management LTD, its General Partner
		
	By:	 	 /s/ Elias J. Sabo

	Name:	 	 Elias J. Sabo

	Title:	 	 Attorney-in-Fact

	
	LINKS PARTNERS, L.P.
		
	By:	 	Coryton Management LTD, its General Partner
		
	By:	 	 /s/ Elias J. Sabo

	Name:	 	 Elias J. Sabo

	Title:	 	 Attorney-in-Fact

  
 [Signature Page
to Amendment No. 1 to Amended and Restated Registration Rights Agreement] 

			
	MATLINPATTERSON GLOBAL
OPPORTUNITIES PARTNERS, L.P.
		
	By:	 	MatlinPatterson Global Advisors LLC, its Investment Advisor
		
	By:	 	 /s/ Robert H. Weiss

	Name:	 	 Robert H. Weiss

	Title:	 	 General Counsel

  

	
	ZAZOVE ASSOCIATES, LLC, FOR AND ON
     BEHALF OF:
	 CENTURY NATIONAL INSURANCE COMPANY,

	 NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURGH, PA,

	 SAN DIEGO COUNTY EMPLOYEE RETIREMENT ASSOCIATION (BONY ACCOUNT),

	 ZAZOVE CONVERTIBLE SECURITIES FUND, INC.,

	 QWEST OCCUPATIONAL HEALTH TRUST,

	 QWEST PENSION TRUST,

	 HFR CA SELECT FUND,

	 ZURICH INSTITUTIONAL BENCHMARKS MASTER FUND LTD.,

	 ZAZOVE HIGH YIELD CONVERTIBLE SECURITIES FUND, L.P.,

	 ZAZOVE AGGRESSIVE GROWTH FUND,

	 ZAZOVE GLOBAL CONVERTIBLE FUND, L.P.,

	 ZAZOVE INCOME FUND, L.P.,

	 SAN DIEGO COUNTY EMPLOYEES RETIREMENT ASSOCIATION,

	 ZAZOVE HEDGED CONVERTIBLE FUND, L.P.

	 

  

			
	 By:
	 	

	 Name:
	 	

	 Title:
	 	

  
 [Signature Page
to Amendment No. 1 to Amended and Restated Registration Rights Agreement] 

			
	R2 INVESTMENTS, LDC
		
	By:	 	Amalgamated Gadget, L.P., its Investment Manager
	By:	 	Scepter Holdings, Inc., its General Partner
		
	By:	 	

	Name:	 	  

	Title:	 	  

	
	JAMES E. LINKENAUGER
		
	By:	 	  

	
	SALOMON SMITH BARNEY
		
	By:	 	  

	Name:	 	  

	Title:	 	  

	
	SC FUNDAMENTAL VALUE FUND, L.P.
		
	By:	 	SC Fundamental LLC, its General Partner
		
	By:	 	 /s/ Neil Koffer

	Name:	 	 Neil Koffer

	Title:	 	 Member

	
	SC FUNDAMENTAL VALUE BVI, LTD.
		
	By:	 	SC Fundamental Value BVI, Inc., as Managing General Partner of its Investment Manager
		
	By:	 	 /s/ Neil Koffer

	Name:	 	 Neil Koffer

	Title:	 	 Member

  
 [Signature Page
to Amendment No. 1 to Amended and Restated Registration Rights Agreement] 

			
	BENSON ASSOCIATES, LLC
		
	By:	 	  

	Name:	 	  

	Title:	 	  

	
	HIGHBRIDGE CAPITAL MANAGEMENT LLC
		
	By:	 	Highbridge Capital Management
		
	By:	 	  

	Name:	 	  

	Title:	 	  

	
	GENE PRETTI
		
	By:	 	  

	
	 LOUIS F. PRETTI & MARY KAY PRETTI JTWROS

		
	By:	 	Zazove Associates, LLC, registered investment advisor with discretionary authority
		
	By:	 	  

		
	By:	 	  

	
	LC CAPITAL MASTER FUND, LTD.
		
	By:	 	  

	Name:	 	  

	Title:	 	  

  
 [Signature Page
to Amendment No. 1 to Amended and Restated Registration Rights Agreement] 

			
	BANK OF AMERICA, N.A., formerly known as
    NationsBank, N.A. and Bank of America Illinois
		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

	
	 BNP PARIBAS

		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

	
	 BANK ONE, NA

		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

	
	 HBV CAPITAL MANAGEMENT LLC

		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

  
 [Signature Page
to Amendment No. 1 to Amended and Restated Registration Rights Agreement]Consent and Second Amendment to Term Loan Agreement

 Exhibit 10.3 
  
 CONSENT AND SECOND AMENDMENT TO TERM LOAN CREDIT AGREEMENT 
  
 THIS CONSENT AND SECOND AMENDMENT TO TERM LOAN CREDIT AGREEMENT (this
“Amendment”) is entered into as of May 4, 2005 by and among COMSYS SERVICES LLC, a Delaware limited liability company and successor by merger to Venturi Technology Partners, LLC (“COMSYS Services”), COMSYS
INFORMATION TECHNOLOGY SERVICES, INC., a Delaware corporation and successor by merger to COMSYS Holding, Inc. (“COMSYS IT”; COMSYS Services and COMSYS IT are referred to herein each individually as a “Borrower”
and collectively as the “Borrowers”), COMSYS IT PARTNERS, INC., a Delaware corporation (“Holdings”), PFI Corp., a Delaware corporation (“PFI Holdings”), COMSYS Services, acting in its
capacity as borrowing agent and funds administrator for and on behalf of the Borrowers (in such capacity, the “Funds Administrator”), the financial institutions parties hereto as lenders under the Credit Agreement described below
(each individually a “Lender” and collectively the “Lenders”), MERRILL LYNCH CAPITAL, a division of Merrill Lynch Business Financial Services Inc., as administrative agent (in such capacity, the
“Administrative Agent”), and HERITAGE BANK, SSB, a Texas-chartered savings bank, as collateral agent (in such capacity, the “Collateral Agent”). 
  
 W I T N E S S E T H: 
  
 WHEREAS, the Borrowers, Holdings, PFI Holdings, the Administrative Agent, the Collateral Agent and each Lender are parties to that certain Term Loan
Credit Agreement dated as of September 30, 2004 (as the same has been, here is and hereafter may be further amended, modified, restated or otherwise supplemented and in effect from time to time, the “Credit Agreement”); and

  
 WHEREAS, the Credit Parties that are a party hereto have
informed the Agents and the Lenders that Holdings intends to issue shares of common stock of Holdings (the “2005 Equity Issuance”), the Net Cash Proceeds of which shall be used by Holdings to repurchase all of the issued and
outstanding “Series A-1 Preferred Stock” (as such term is defined in the Holdings Certificate of Designations), including accrued and unpaid dividends and all fees and expenses incurred in connection with the 2005 Equity Issuance (the
“Series A-1 Repurchase”), with all Net Cash Proceeds remaining after the Series A-1 Repurchase (such remaining Net Cash Proceeds are referred to herein as the “Additional Net Cash Proceeds”) being promptly loaned by
Holdings to COMSYS IT (the “Holdings Intercompany Loan”) and substantially contemporaneously used by COMSYS IT to prepay a portion of the outstanding principal amount of the Second Lien Term Loan in an amount equal to $25,000,000
(or, in the event the Additional Net Cash Proceeds are less than $25,000,000, such lesser amount) (the “Second Lien Term Loan Prepayment”) and, in the event any excess Additional Net Cash Proceeds remain following the Second Lien
Term Loan Prepayment, to pay all accrued and unpaid interest on such prepaid principal and any applicable prepayment premiums associated with such prepayment, and to repay Revolving Loans (as such term is defined in the First Lien Credit Agreement)
outstanding under the First Lien Credit Agreement; 
  
 WHEREAS,
the Credit Parties that are a party hereto have requested, among other things, that the Agents and the Lenders (i) consent to the Series A-1 Repurchase and the Second Lien Term Loan Prepayment and (ii) amend the Credit Agreement as hereinafter set
forth; and 

 WHEREAS, the Administrative Agent, the Collateral Agent and the Lenders agree to accommodate such
requests of the Credit Parties, on the terms and subject to the conditions herein set forth. 
  
 NOW, THEREFORE, in consideration of the mutual agreements, provisions and covenants contained herein, the parties agree as follows: 
  
 1. Defined Terms. Capitalized terms used but not defined herein shall have the meanings ascribed to them in the
Credit Agreement. 
  
 2. Amendments. Effective as of the
date hereof, upon satisfaction of the conditions precedent set forth in Section 4 hereof, the Credit Agreement is amended as set forth in this Section 2: 
  
 (a) Section 1.1. Section 1.1 of the Credit Agreement is hereby amended by adding thereto the following defined terms and their respective
definitions in the correct alphabetical order: 
  
 “Holdings Intercompany Loan” means an intercompany loan made by Holdings to COMSYS IT with a portion of the Net Cash Proceeds of the 2005 Equity Issuance, which loan shall comply with Section 5.1(j) and be evidenced by a
promissory note that has been pledged to the Collateral Agent and delivered to the First Lien Agent as contractual representative for the Collateral Agent pursuant to the Second Lien Intercreditor Agreement (or, following the Discharge of all First
Lien Debt, the Collateral Agent) promptly upon the issuance thereof, as security for the Obligations. 
  
 “Second Amendment” means that certain Consent and Second Amendment to Term Loan Credit Agreement dated as of May 4, 2005 by and among the
Borrowers and certain other Credit Parties, the Administrative Agent, the Collateral Agent and the Lenders. 
  
 “2005 Equity Issuance” means the issuance by Holdings of shares of common stock of Holdings, the proceeds of which shall be used promptly
by Holdings to (i) repurchase all of the issued and outstanding Series A-1 Preferred Stock, and (ii) make the Holdings Intercompany Loan, the proceeds of which shall be used promptly by COMSYS IT to repay a portion of the outstanding principal
amount of the Second Lien Term Loan, accrued and unpaid interest on such prepaid portion and any applicable prepayment premiums, and to repay Revolving Loans (as such term is defined in the First Lien Credit Agreement). 
  
 (b) Section 1.1. Section 1.1 of the Credit Agreement is hereby
amended by substituting the definition of the term “Financing Documents” as set forth below in lieu of the current version of such definition contained in Section 1.1 of the Credit Agreement: 
  
 “Financing Documents” means this Agreement, the Second Lien
Term Notes, the Security Documents, the Information Certificate, the Fee Letter, the Second Lien Intercreditor Agreement, any subordination agreement to be entered into among the Agent, the Borrowers and Holdings in connection with the Holdings

  

 2 

 
Intercompany Loan, the First Amendment, the Second Amendment, any fee letter between an Agent and any Borrower relating to the transactions contemplated
hereby and all other documents, instruments and agreements contemplated herein or thereby and executed concurrently by a Credit Party with or in favor of an Agent or the Lenders in connection herewith or at any time and from time to time hereafter,
as any or all of the same may be amended, supplemented, restated or otherwise modified from time to time. 
  
 (c) Section 3.5. Section 3.5(f) of the Credit Agreement is hereby deleted in its entirety and the following is substituted in lieu thereof:

  
 “(f) Except as contemplated and permitted by this
Agreement, and other than administrative and other ministerial activities related to (i) its investment in COMSYS IT, (ii) the maintenance of its corporate existence, and (iii) the performance of its obligations under the Operative Documents to
which it is a party and any other agreement to which it is a party, to the extent not otherwise prohibited by this Agreement, Holdings has no significant assets or liabilities (other than the capital stock of COMSYS IT and the Holdings Intercompany
Loan).” 
  
 (d) Section 5.1. Section 5.1 of the
Credit Agreement is hereby amended by (i) deleting the period at the end of clause (i) thereof and substituting “; and” therefor and (ii) adding a new clause (j) thereto immediately following clause (i) thereof as follows: 
  
 “(j) intercompany Debt of COMSYS IT constituting the Holdings
Intercompany Loan, provided, that (i) all interest on such Debt shall be payable in kind (and not in cash), and (ii) such Debt shall be evidenced by a promissory note, all payments under which are subordinated to the prior indefeasible payment in
full in cash of the Obligations in manner acceptable to Collateral Agent and which otherwise contains terms reasonably satisfactory to Collateral Agent, the sole originally executed counterpart of which shall be pledged to the Collateral Agent and
delivered to the First Lien Agent as contractual representative for the Collateral Agent pursuant to the Second Lien Intercreditor Agreement (or, following the Discharge of all First Lien Debt, the Collateral Agent), as security for the
Obligations.” 
  
 (e) Section 5.6. Section 5.6
of the Credit Agreement is hereby deleted in its entirety and the following is substituted in lieu thereof: 
  
 “Section 5.6 Payments and Modifications of Second Lien Debt and Subordinated Debt. 
  
 The Credit Parties will not, and will not permit their
Subsidiaries to, directly or indirectly: 
  
 (a)
amend, alter, waive or modify the First Lien Debt Documents, except to the extent permitted pursuant to the Second Lien Intercreditor Agreement; and 
  
 (b) declare, pay, make or set aside any amount for any payment in respect of the Holdings Intercompany Loan.” 
  

 3 

 (f) Compliance Certificate. Notwithstanding anything to the contrary contained in Exhibit B
(Section 7.3) of the Compliance Certificate, solely for purposes of calculating the Total Debt to Adjusted EBITDA Ratio, the intercompany Debt evidenced by the Holdings Intercompany Loan shall not be included in the calculation of Total Debt for any
Defined Period. 
  
 3. Consent and Waiver. Effective as of
the date hereof, upon satisfaction of the conditions precedent set forth in Section 4 hereof, and in reliance upon the representations and warranties of the Credit Parties set forth in the Credit Agreement, the other Financing Documents and in this
Amendment, and notwithstanding anything to the contrary contained in the Credit Agreement or any other Financing Document (including, without limitation, Section 2.1(c)(iii), Section 2.1(e), Section 5.4(g) and Section 5.6 of the Credit Agreement),
the Agents and the Lenders hereby consent to the Series A-1 Repurchase and the Second Lien Term Loan Prepayment, waive the applicability of Sections 2.1(c)(iii) and 2.1(e) of the Credit Agreement solely with respect to the Net Cash Proceeds of the
2005 Equity Issuance and acknowledge and consent to the waivers and consents provided by the First Lien Lender Parties in Section 3 of the Consent and Third Amendment to Credit Agreement dated of even date herewith by and among the Credit Parties
and the First Lien Lender Parties, provided that the effectiveness of such waiver and consents are subject to the following conditions: (i) the Series A-1 Repurchase is consummated solely with Net Cash Proceeds from the 2005 Equity Issuance, (ii)
all Additional Net Cash Proceeds shall be promptly loaned by Holdings to COMSYS IT and all or, in the event such Additional Net Cash Proceeds are in excess of $25,000,000, a portion of such Additional Net Cash Proceeds shall be promptly used by
COMSYS IT to consummate the Second Lien Term Loan Prepayment, (iii) in the event the Additional Net Cash Proceeds are in excess of $25,000,000, such portion of the Additional Net Cash Proceeds in excess of $25,000,000 shall be applied to pay all
accrued and unpaid interest on the principal amount of the Second Lien Term Loan prepaid in connection with the Second Lien Term Loan Prepayment and any applicable prepayment premiums associated with such prepayment and to repay any outstanding
Revolving Loans (as such term is defined in the First Lien Credit Agreement) without a permanent reduction of the Revolving Loan Commitment (as such term is defined in the First Lien Credit Agreement), (iv) the Additional Net Cash Proceeds loaned by
Holdings to COMSYS IT pursuant to clauses (ii) of this Section 3 shall be evidenced by a promissory note, all payments under which are subordinated to the prior indefeasible payment in full in cash of the Obligations in manner acceptable to
Collateral Agent and which otherwise contains terms reasonably satisfactory to the Collateral Agent, the sole originally executed counterpart of which shall be pledged to the Collateral Agent and delivered to the First Lien Agent as contractual
representative for the Collateral Agent pursuant to the Second Lien Intercreditor Agreement (or, following the Discharge of all First Lien Debt, the Collateral Agent), as security for the Obligations, and, in connection therewith, Holdings and
COMSYS IT shall have entered into a subordination agreement with the Collateral Agent, in form and substance satisfactory to the Collateral Agent, and shall have executed and delivered such other documents as the Collateral Agent may reasonably
request to evidence the subordination of the Holdings Intercompany Loan, and (v) the 2005 Equity Issuance shall have occurred on or prior to July 31, 2005. 
  
 4. Conditions. The effectiveness of this Amendment is subject to the following conditions precedent: 
  

	 	(a)	the execution and delivery of this Amendment by each Credit Party that is a party hereto, the Administrative Agent, the Collateral Agent and the Lenders; 

 

 4 

	 	(b)	the delivery to the Administrative Agent of a copy of the fully executed consent and amendment to the First Lien Debt Documents regarding the substance of this Amendment, in form
and substance reasonably acceptable to the Administrative Agent, and evidence that all conditions contained in such consent and amendment (other than the effectiveness of this Amendment) have been satisfied; and 

  

	 	(c)	the truth and accuracy of the representations and warranties contained in Section 5 hereof; and 

  

	 	(d)	no Default or Event of Default under the Credit Agreement, as amended hereby, shall have occurred and be continuing. 

  
 5. Representations and Warranties. Each Credit Party that is a party
hereto hereby represents and warrants to the Agents and each Lender as follows: 
  

	 	(a)	the representations and warranties of the Borrowers and the other Credit Parties contained in the Financing Documents are true and correct in all material respects as of the date
hereof, except to the extent that any such representation or warranty (i) relates to a specific date, in which case such representation and warranty shall be true and correct as of such earlier date or (ii) is qualified by materiality or has
Material Adverse Effect qualifiers, in which case, such representations and warranties shall be true and correct in all respects; 

  

	 	(b)	the execution, delivery and performance by such Credit Party of this Amendment are within its powers, have been duly authorized by all necessary action pursuant to its
Organizational Documents, require no further action by or in respect of, or filing with, any governmental body, agency or official and do not violate, conflict with or cause a breach or a default under any provision of applicable law or regulation
or of the Organizational Documents of any Credit Party or of any agreement, judgment, injunction, order, decree or other instrument binding upon it; 

  

	 	(c)	this Amendment constitutes the valid and binding obligation of the Credit Parties that are parties hereto, enforceable against such Persons in accordance with its terms, except as
enforceability may be limited by applicable bankruptcy, insolvency, or similar laws relating to the enforcement of creditor’s rights generally and by general equitable principles; 

  

	 	(d)	no Default or Event of Default exists or will result from consummation of the 2005 Equity Issuance; and 

  

 5 

	 	(e)	the 2005 Equity Issuance is permitted pursuant to all applicable law and all material agreements, documents and instruments to which any Credit Party is a party or by which any of
their respective properties or assets are bound. 

  
 6. No Waiver. Except as expressly set forth herein, nothing contained herein shall be deemed to constitute a waiver of compliance with any term or condition contained in the Credit Agreement or any of the other Financing Documents or
constitute a course of conduct or dealing among the parties. Except as expressly stated herein, the Administrative Agent, the Collateral Agent and Lenders reserve all rights, privileges and remedies under the Financing Documents. Except as amended
or consented to hereby, the Credit Agreement and other Financing Documents remain unmodified and in full force and effect. All references in the Financing Documents to the Credit Agreement shall be deemed to be references to the Credit Agreement as
amended hereby. 
  
 7. Severability. In case any provision
of or obligation under this Amendment shall be invalid, illegal or unenforceable in any jurisdiction, the validity, legality and enforceability of the remaining provisions or obligations, or of such provision or obligation in any other jurisdiction,
shall not in any way be affected or impaired thereby. 
  
 8.
Headings. Headings and captions used in this Amendment (including the Exhibits, Schedules and Annexes hereto, if any) are included for convenience of reference only and shall not be given any substantive effect. 
  
 9. GOVERNING LAW; SUBMISSION TO JURISDICTION. THIS AMENDMENT
SHALL BE GOVERNED BY, AND SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH THE LAWS OF THE STATE OF ILLINOIS, WITHOUT REGARD TO CONFLICTS OF LAWS PRINCIPLES. EACH CREDIT PARTY HEREBY CONSENTS TO THE JURISDICTION OF ANY STATE OR FEDERAL COURT
LOCATED WITHIN THE COUNTY OF COOK, STATE OF ILLINOIS AND IRREVOCABLY AGREES THAT, SUBJECT TO THE ADMINISTRATIVE AGENT’S ELECTION, ALL ACTIONS OR PROCEEDINGS ARISING OUT OF OR RELATING TO THIS AMENDMENT OR THE OTHER FINANCING DOCUMENTS SHALL BE
LITIGATED IN SUCH COURTS. EACH CREDIT PARTY EXPRESSLY SUBMITS AND CONSENTS TO THE JURISDICTION OF THE AFORESAID COURTS AND WAIVES ANY DEFENSE OF FORUM NON CONVENIENS. EACH CREDIT PARTY HEREBY WAIVES PERSONAL SERVICE OF ANY AND ALL PROCESS AND AGREES
THAT ALL SUCH SERVICE OF PROCESS MAY BE MADE UPON SUCH PERSON BY CERTIFIED OR REGISTERED MAIL, RETURN RECEIPT REQUESTED, ADDRESSED C/O FUNDS ADMINISTRATOR AT THE ADDRESS SET FORTH IN THE CREDIT AGREEMENT AND SERVICE SO MADE SHALL BE COMPLETE TEN
(10) DAYS AFTER THE SAME HAS BEEN POSTED. 
  
 10.
WAIVER OF JURY TRIAL. EACH CREDIT PARTY, THE ADMINISTRATIVE AGENT, THE COLLATERAL AGENT AND THE LENDERS HEREBY IRREVOCABLY WAIVE ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THE FINANCING
DOCUMENTS OR THE TRANSACTIONS CONTEMPLATED THEREBY AND AGREES THAT ANY SUCH ACTION OR PROCEEDING SHALL BE TRIED BEFORE A COURT AND NOT BEFORE A JURY. 
  

 6 

 11. Counterparts; Integration. This Amendment may be executed and delivered via facsimile
with the same force and effect as if an original were executed and may be signed in any number of counterparts, each of which shall be an original, with the same effect as if the signatures hereto were upon the same instrument. This Amendment
constitutes the entire agreement and understanding among the parties hereto with respect to the subject matter hereof and supersedes any and all prior agreements and understandings, oral or written, relating to the subject matter hereof. 

 
 12. Reaffirmation. Each of the Credit Parties that is a party
hereto, as debtor, grantor, pledgor, guarantor, assignor, or in other any other similar capacity in which such Credit Party grants liens or security interests in its property or otherwise acts as accommodation party or guarantor, as the case may be,
hereby (i) ratifies and reaffirms all of its payment and performance obligations, contingent or otherwise, under each of the Financing Documents to which it is a party (after giving effect hereto) and (ii) to the extent such Credit Party granted
liens on or security interests in any of its property pursuant to any such Financing Document as security for or otherwise guaranteed the Borrowers’ Obligations under or with respect to the Financing Documents, ratifies and reaffirms such
guarantee and grant of security interests and liens and confirms and agrees that such security interests and liens hereafter secure all of the Obligations as amended hereby. Each of the Credit Parties hereby consents to this Amendment and
acknowledges that each of the Financing Documents remains in full force and effect and is hereby ratified and reaffirmed, subject to the amendments, consents and waivers set forth herein. The execution of this Amendment shall not operate as a waiver
of any right, power or remedy of the Administrative Agent, the Collateral Agent or Lenders or constitute a waiver of any provision of any of the Financing Documents (except as expressly set forth herein) or serve to effect a novation of the
Obligations. 
  
 [remainder of page intentionally left blank;

 signature page follows] 
  

 7 

 IN WITNESS WHEREOF, the parties have executed this Amendment as of the date set forth above. 

 

			
	BORROWERS:
	
	COMSYS SERVICES LLC, a Delaware limited liability company, and as successor by merger to Venturi Technology Partners, LLC, as the Funds Administrator and as a
Borrower
		
	By:	 	 /s/ David L. Kerr

	Name:	 	David L. Kerr
	Title:	 	Senior Vice President – Corporate Development
	
	COMSYS INFORMATION TECHNOLOGY SERVICES, INC., a Delaware corporation, and as successor by merger to COMSYS Holding, Inc., as a Borrower
		
	By:	 	 /s/ David L. Kerr

	Name:	 	David L. Kerr
	Title:	 	Senior Vice President – Corporate Development

  
 Consent and Second Amendment to
Term Loan Credit Agreement 
 (COMSYS) 

			
	OTHER CREDIT PARTIES:
	
	COMSYS IT PARTNERS, INC., a Delaware corporation
		
	By:	 	 /s/ David L. Kerr

	Name:	 	David L. Kerr
	Title:	 	Senior Vice President – Corporate Development
	
	PFI CORP., a Delaware corporation
		
	By:	 	 /s/ David L. Kerr

	Name:	 	David L. Kerr
	Title:	 	Senior Vice President – Corporate Development

  
 Consent and Second Amendment to
Term Loan Credit Agreement 
 (COMSYS) 

			
	ADMINISTRATIVE AGENT:
	
	 MERRILL LYNCH CAPITAL, a division of
 Merrill Lynch Business Financial Services Inc.,

	as Administrative Agent
		
	By:	 	 /s/ Scott E. Gast

	Name:	 	Scott E. Gast
	Title:	 	Vice President
	
	COLLATERAL AGENT:
	
	HERITAGE BANK, a Texas-chartered savings bank, as Collateral Agent
		
	By:	 	 /s/ [ILLEGIBLE]

	Name:	 	  

	Title:	 	  

  
 Consent and Second Amendment to
Term Loan Credit Agreement 
 (COMSYS) 

					
	LENDERS:
	
	HIGHLAND FLOATING RATE ADVANTAGE FUND, as a Lender
		
	By:	 	Highland Capital Management, L.P., its Investment Advisor
			
	 	 	By:	 	 /s/ Todd A. Travers

	 	 	Name:	 	Todd A. Travers
	 	 	Title:	 	 Assistant Secretary
 Highland Capital Management,
L.P.

	
	HIGHLAND FLOATING RATE LIMITED LIABILITY COMPANY, as a Lender
		
	By:	 	Highland Capital Management, L.P., its Investment Advisor
			
	 	 	By:	 	 /s/ Todd A. Travers

	 	 	Name:	 	Todd A. Travers
	 	 	Title:	 	 Assistant Secretary
 Highland Capital Management,
L.P.

	
	ELF FUNDING TRUST I, as a Lender
		
	By:	 	Highland Capital Management, L.P., as Collateral Manager
			
	 	 	By:	 	 /s/ David Lancelot

	 	 	Name:	 	David Lancelot
	 	 	Title:	 	 Treasurer
 Highland Capital Management,
L.P.

	
	BLUE SQUARE FUNDING LIMITED SERIES 3, as a Lender
		
	By:	 	 /s/ Alice L. Wagner

	Name:	 	Alice L. Wagner
	Title:	 	Vice President

  
 Consent and Second Amendment to
Term Loan Credit Agreement 
 (COMSYS) 

					
	LOAN FUNDING IV LLC, as a Lender
		
	By:	 	Highland Capital Management, L.P.,
	 	 	as Portfolio Manager
			
	 	 	By:	 	 /s/ David Lancelot

	 	 	Name:	 	David Lancelot
	 	 	Title:	 	 Treasurer
 Highland Capital Management,
L.P.

	
	RESTORATION FUNDING CLO, LTD., as a Lender
		
	By:	 	Highland Capital Management, L.P.,
	 	 	as Collateral Manager
			
	 	 	By:	 	 /s/ David Lancelot

	 	 	Name:	 	David Lancelot
	 	 	Title:	 	 Treasurer
 Highland Capital Management,
L.P.

	
	HIGHLAND LOAN FUNDING V LTD., as a Lender
		
	By:	 	Highland Capital Management, L.P.,
	 	 	as Collateral Manager
			
	 	 	By:	 	 /s/ David Lancelot

	 	 	Name:	 	David Lancelot
	 	 	Title:	 	 Treasurer
 Highland Capital Management,
L.P.

	
	PAM CAPITAL FUNDING LP, as a Lender
		
	By:	 	Highland Capital Management, L.P.,
	 	 	as Collateral Manager
			
	 	 	By:	 	 /s/ David Lancelot

	 	 	Name:	 	David Lancelot
	 	 	Title:	 	 Treasurer
 Highland Capital Management,
L.P.

	
	HIGHLAND LEGACY LIMITED, as a Lender
		
	By:	 	Highland Capital Management, L.P.,
	 	 	as Collateral Manager
			
	 	 	By:	 	 /s/ David Lancelot

	 	 	Name:	 	David Lancelot
	 	 	Title:	 	 Treasurer
 Highland Capital Management,
L.P.

  
 Consent and Second Amendment to
Term Loan Credit Agreement 
 (COMSYS) 

					
	HIGHLAND OFFSHORE PARTNERS, L.P., as a Lender
		
	By:	 	Highland Capital Manager, L.P., as General Partner
			
	 	 	By:	 	 /s/ David Lancelot

	 	 	Name:	 	David Lancelot
	 	 	Title:	 	 Treasurer
 Highland Capital Management,
L.P.

	
	LOAN FUNDING VII LLC, as a Lender
		
	By:	 	Highland Capital Management, L.P., as Collateral Manager
			
	 	 	By:	 	 /s/ David Lancelot

	 	 	Name:	 	David Lancelot
	 	 	Title:	 	 Treasurer
 Highland Capital Management,
L.P.

	
	JZ EQUITY PARTNERS PLC, as a Lender
		
	By:	 	 /s/ David W. Zalaznick

	Name:	 	David W. Zalaznick
	Title:	 	Investment Advisor
	
	GOLDENTREE CAPITAL SOLUTIONS FUND, as a Lender
		
	By:	 	GoldenTree Asset Management, L.P.
			
	 	 	By:	 	 /s/ Jonathan Ezrow

	 	 	Name:	 	Jonathan Ezrow
	 	 	Title:	 	Partner
	
	GOLDENTREE CAPITAL SOLUTIONS OFFSHORE FUND, as a Lender
		
	By:	 	GoldenTree Asset Management, L.P.
			
	 	 	By:	 	 /s/ Jonathan Ezrow

	 	 	Name:	 	Jonathan Ezrow
	 	 	Title:	 	Partner

  
 Consent and Second Amendment to
Term Loan Credit Agreement 
 (COMSYS) 

			
	 ORIX FINANCE CORP I, as a Lender

		
	 By:
	 	 /s/ Robert Storo

	 Name:
	 	Robert Storo
	 Title:
	 	Director

  
 Consent and Second Amendment to
Term Loan Credit Agreement 
 (COMSYS)

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00084-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00084-of-00352.parquet"}]]