Document:

exh10_30.htm

     Exhibit
10.30 

    

    

     AccountAbilities,
Inc. 

     195
Route 9 South, Suite 109 

     Manalapan,
New Jersey 07726 

     

     

     

     January
31, 2008 

     

     Norman
Goldstein 

     NGA,
Inc. 

     21
Nelson Avenue 

     Hicksville,
NY 11801 

     

     Re:           Exchange
of Note for Replacement Note and Stock 

     

     Dear
Mr. Goldstein: 

     

     The
following confirms our understanding with respect to the exchange by NGA Inc.
(“NGA”) of the Convertible Note dated April 1, 2006 (the “Original Note”) issued
to NDA by Accountabilities, Inc. (the “Company”) in the principal amount of
$300,000 for shares of Common Stock and a convertible note in the principal
amount of $100,000 (the “New Note”) of Accountabilities, Inc. 

     

     Upon
the execution and delivery of this letter agreement, you will deliver the
Original Note to the Company for cancellation.  In exchange therefore,
you will receive (a) 600,000 shares of Common Stock (issuable in the name of
Barbara Goldstein) and (b) the New Note in the form annexed as Exhibit A
hereto. 

     

     If you
agree with the terms set forth above, please countersign this letter in the
space provided below and return a signed copy to the Company with a copy of the
Note. 

     

     Very
truly yours, 

     

     Accountabilities,
Inc. 

     

     By:  /s/ Stephen
DelVecchia 

     Name:  Stephen
DelVecchia 

     Title:  Chief
Financial Officer 

     

    

     

     NGA,
Inc. 

     

     By:  Norman
Goldstein 

     Name:  Norman
Goldstein 

     Title:  Presidentexh10_31.htm

     Exhibit
10.31 

    

    

     PROMISSORY
NOTE  

     DATED:
January 31, 2008 

    

    $100,000

    

     FOR VALUE RECEIVED the
undersigned, AccountAbilities
Inc. whose address is 195 Route 9 South, Suite 109, Manalapan, New Jersey
07726 (the “Maker”) promises to pay to the order of NGA Inc, with residence at
21 Nelson Avenue, Hicksville,
NY 11801, the sum of One
Hundred Thousand Dollars ($100,000) with interest thereon at (1%) per month on or before
October 31, 2008.  If this Note is not paid at maturity (whether at
the stated maturity, by acceleration or otherwise), then it shall bear interest
thereafter payable on demand, at eighteen percent (18%) per annum, to be charged
by Payee to Maker on the unpaid principal amount hereof.  Maker agrees
to pay all costs and expenses, including without limitation, reasonable
attorney’s fee’s, at any time paid or incurred by Payee, in collecting the
indebtedness or any part thereof represented by this Note or in realizing upon
the property securing the payment of this Note. 

    

     NGA, Inc. will have an option to
convert all or a portion of the then outstanding principal and interest
outstanding under this note into AccountAbilities Inc. common stock at a
conversion price of $0.40 per common share upon written notice to
Maker.  The conversion price shall be subject to equitable adjustment
in the event of a stock split, share combination or similar
transactions. 

    

     This
Note may be prepaid in whole or in part without any penalty at any time,
interest to the date of prepayment. 

    

     The
balance due under this Note shall immediately become due and payable upon the
happening of the following event: 

    

     (a)           The
filing by or against Maker of any petition in voluntary or involuntary
bankruptcy; any attachment, sequestration or appointment of the receiver with
respect to the assets of Maker; commencement of any similar proceeding under the
laws of any jurisdiction; unless vacated or bonded within ninety (90)
days. 

    

     Any
provisions hereof which may prove unenforceable under any law shall not effect
the validity of any other provision hereof. 

    

     This
Note may not be changed or terminated orally. 

    

     The
Maker hereby waives presentment for payment, demand, notice of demand, notice of
nonpayment or dishonor, protest and notice of protest of this Note, and all
other notices in connection with the delivery, acceptance, performance default
or enforcement of the payment of this Note. 

     

     This
Note shall be binding upon and shall accrue to the benefit of the parties hereto
and their respective heirs, distributes, next-of-kin, legal representatives and
assigns. 

    

     This
Note shall be governed by and construed in accordance with the laws of the State
of New Jersey. 

    

    
      
        	  Accountabilities,
      Inc.   	   	   	   NGA,
      Inc. 	   
	
                 /s/
      Stephen DelVecchia 

              	   	   	
                 /s/
      Norman Goldstein 

              	   
	
                 Name: 
      Stephen DelVecchia 

              	   	   	
                 Name: 
      Norman Goldstein  

              	   
	
                 Title: 
      Chief Financial Officer  

              	   	   	
                 Title: 
      Presidentexh10_32.htm

     Exhibit
10.32 

     

    

     

     STOCK
PURCHASE AGREEMENT 

     

     This
Stock Purchase Agreement (the “Agreement”) is made as of this 5th day of March,
2008 by and among Keystone
Capital Resources, LLC.. a corporation with offices located at 1328 Zion
Road, Bellefonte,
PA 16823 (the “Buyer”) and Accountabilities, Inc., a Delaware corporation (the
“Company”) with offices located at 195 Route 9 South, Suite 109, Manalapan, New
Jersey 07726. 

     

     WHEREAS,
the Buyer wishes to buy and the Company wishes to sell 500,000 shares of the
Company’s Common Stock; 

     

     NOW,
THEREFORE, in consideration of the mutual promises and covenants contained in
this Agreement, and for other valuable consideration, the receipt and adequacy
of which are hereby acknowledged, the parties hereto agree as
follows: 

     

    
      	
               1.   

            	
              Purchase of
      Shares .  The Company hereby sells to the Buyer, and
      the Buyer hereby purchases from the Company, 500,000 shares of the
      Company’s Common Stock (the “Shares”) for an aggregate purchase price (the
      “Purchase Price”) of ONE HUNDRED THOUSAND and 00/100 DOLLARS
      ($100,000) 

            

    

     

    
      	
               2.   

            	
              Representations of the
      Company .  The Company hereby represents and warrants
      to the Buyer as follows: 

            

    

     

    
      	
               (a)   

            	
               The
      Company is a corporation duly organized, validly existing and in good
      standing under the laws of the State of New
  Jersey. 

            

    

     

    
      	
               (b)   

            	
               The
      Company has the full corporate power and authority to enter into this
      Agreement and to perform its obligations
  hereunder. 

            

    

     

    
      	
               (c)   

            	
               The
      Shares of Common Stock sold and issued to the Buyer pursuant to this
      Agreement are duly authorized, validly issued and
      non-assessable. 

            

    

     

    
      	
               3.   

            	
              Representations of the
      Buyer.   The Buyer hereby represents and warrants to
      the Company as follows: 

            

    

     

    
      	
               (a)   

            	
               The
      Company has made available to the Buyer the opportunity to ask questions
      of, and receive answers from, the officers of the Company concerning the
      Company and its business.  The Buyer acknowledges that he/she
      has purchased the Shares without being furnished any
      prospectus. 

            

    

     

    
      	
               (b)   

            	
               The
      Shares have been acquired for investment and not with a view to the resale
      or distribution of such securities.  Such Shares are being
      acquired by the Buyer for his/her own account and with his/her own funds,
      and no other person shall have a direct or indirect beneficial interest in
      such securities. 

            

    

     

    
      
          

      

      
         1 

        
          

        

      

      
          

      

    

    

     

    
      	
               (c)   

            	
               The
      Buyer understands that the Company engages in a highly competitive
      business and there can be no assurance that it will be able to operate
      profitably. This investment is highly speculative investment and involves
      a high degree of risk and is not recommended for any investor who cannot
      afford the risk of losing his/her entire
  investment. 

            

    

     

    
      	
               (d)   

            	
               The
      Buyer understands that none of the Shares have been registered under the
      Securities Act of 1933, as amended (the “Securities Act”), in reliance on
      an exemption for private offerings.  Because the Company has no
      obligation to effect such registration, the Buyer may have to continue to
      bear the economic risk of their ownership of such securities for an
      indefinite period; and Buyer will not be permitted to transfer any of such
      securities in the absence of an opinion of counsel, if requested,
      satisfactory to the Company that registration is not required under the
      Securities Act and under applicable state securities
    laws. 

            

    

     

    
      	
               4.   

            	
              Governing
      Law.   This Agreement and its validity, construction
      and performance shall be governed in all respects by the laws of the State
      of Delaware, without giving effect to principles of conflict of
      laws. 

            

    

     

    
      	
               5.   

            	
              Severability.   If
      any provisions of this Agreement or the application of any provision
      hereof to any person or circumstance is held invalid, the remainder of
      this Agreement and the application of such provision to other persons or
      circumstances shall not be affected unless the provision held invalid
      shall substantially impair the benefits of the remaining portions of this
      Agreement. 

            

    

     

    
      	
               6.   

            	
              Benefit of Parties,
      Assignment.   This Agreement shall be binding upon and
      inure to the benefit of the parties hereto and their respective personal
      representatives, heirs, successors and assigns.  This Agreement
      may not be assigned by any party hereto except with the prior written
      consent of the other party
hereto. 

            

    

     

    
      	
               7.   

            	
              Headings.   The
      headings in the sections of this Agreement are inserted for convenience of
      reference only and shall not constitute a part
  hereof. 

            

    

     

    
      	
               8.   

            	
              Construction.   As
      used in this Agreement, words in the singular shall be construed as
      including the plural and vice versa and words in one gender shall include
      all genders unless the context shall clearly require
      otherwise. 

            

    

     

    
      	
               9.   

            	
              Counterparts.   This
      Agreement may be executed in one or more counterparts, each of which shall
      be an original, but all of which together shall constitute one and the
      same instrument. 

            

    

     

    
      
          

      

      
         2 

        
          

        

      

      
          

      

    

    

     

     IN
WITNESS WHEREOF, the parties hereto have executed this Agreement to be executed
as of the day and year first above written. 

     

    
      
        	  ACCOUNTABILITIES,
      INC. 	   	   	  Keystone
      Capital Resources, LLC 	   
	
                 /s/
      Stephen DelVecchia 

              	   	   	
                 /s/
      James Zimbler 

              	   
	
                 Name: 
      Stephen DelVecchia 

              	   	   	
                 Name: 
      James Zimbler  

              	   
	
                 Title: 
      Chief Financial Officer  

              	   	   	
                 Title: 
      President 

              	   

      

    

     

     

      3

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