Document:

First Amendment to Temporary Help Services Subcontract

 Exhibit 10.2 
 FIRST AMENDMENT TO 
 TEMPORARY HELP SERVICES SUBCONTRACT 
 This FIRST AMENDMENT TO TEMPORARY HELP SERVICES SUBCONTRACT (the “First
Amendment”) is made as of this 22nd day of August, 2008 (the “Effective Date”), by and between Koosharem Corp.,
a California corporation d/b/a Select Staffing, located at 3820 State Street, Santa Barbara, CA 93105 (“Koosharem”), and ClearPoint Resources, Inc., a Delaware corporation, located at 1600 Manor Drive, Suite 110, Chalfont, PA
18914 (“CPR”). Select and CPR shall each be a “Party” and shall collectively be the “Parties”. 
 B A C K G R O U N D 
 WHEREAS, Koosharem and CPR are parties to a Temporary Help Services
Subcontract, dated April 8, 2008 (the “Original Agreement”); and 
 WHEREAS, Koosharem and CPR desire to amend
the Original Agreement as further set forth herein. 
 NOW THEREFORE, in consideration of the covenants, representations and warranties
contained herein, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, Koosharem and CPR, intending to be legally bound hereby, agree as follows: 
 1. Section A.1.1. Section A.1.1 of the Original Agreement is hereby deleted in its entirety and replaced with the following: 
 “1.1 “COMPANY Event” shall mean (a) a material breach of this Agreement by COMPANY, where such material breach remains
uncured for a period of fifteen (15) days following COMPANY’S receipt of written notice of such breach, (b) a failure of COMPANY to make any payment required hereunder to SELECT when due, where such failure to pay remains uncured for
a period of five (5) days following the due date; provided, however, use of the cure period more than three (3) times in any rolling twelve (12) month period shall result in the elimination of the cure period for a
period of six (6) months, (c) a failure of COMPANY to pay SELECT any monies due to SELECT from Philip Morris in accordance with the terms of the PM Agreement for services rendered by SELECT to Philip Morris, where such failure to pay
remains uncured for a period of five (5) days following the due date; provided, however, if COMPANY’S failure to pay SELECT, in accordance with the terms of the PM Agreement, any monies due to SELECT from Philip Morris is the
result of COMPANY setting-off such funds against monies owed to COMPANY under this Agreement, then such failure to pay shall not be deemed a COMPANY Event, (d) if COMPANY shall file a voluntary petition for bankruptcy, or (e) if COMPANY
has an involuntary petition under any bankruptcy law filed against it which petition has not been dismissed or set aside within sixty (60) days of its filing.” 

 2. Section A.1.6. Section A.1.6 shall be added to the Original Agreement, Section A.1.6 to
read as follows: 
 “1.6 “PM Agreement” shall mean that certain Supplier Agreement, dated March 29, 2006, by
and between Quantum Resource Corporation, a subsidiary of CPR, and Remedy Temporary Services, Inc., a subsidiary of Koosharem.” 
 3.
Section G.1.2. Section G.1.2 of the Original Agreement is hereby deleted in its entirety and replaced with the following: 
 “1.2 Fee. For twenty-eight (28) consecutive months, SELECT shall pay to COMPANY
twenty-five percent (25%) of each month’s gross sales generated by the Customers and the Contracts as well as, without duplication, by any location (city, county, town, etc.) where COMPANY had an office (either directly or via Optos or
TZG) in accordance with the Location Revenue in Section 1.6 below (the “Fee”). In no instance will any monthly Fee payment exceed $250,000. Each Fee payment shall be made no later than the fifth (5th) business day of each calendar month. The first Fee payment hereunder shall be made on September 5, 2008.” 
 4. Section G.1.3. Section G.1.3 of the Original Agreement is hereby deleted in its entirety and replaced with the following: 
 “1.3 Acceleration. Subject to the following sentence, upon the occurrence of a SELECT Event, SELECT shall pay the COMPANY
(a) $12,000,000, less monthly Fee payments made prior to or on August 20, 2009, if the SELECT Event occurs prior to August 20, 2009, or (b) $6,000,000, less monthly Fee payments made on or after August 21, 2009, if the
SELECT Event occurs anytime during the period beginning on August 21, 2009 and ending after the final Fee payment is paid. If the SELECT Event is either Section A.1.3(c) or A.1.3(d), then SELECT shall pay the Company $16,800,000.”

 5. Section G.1.5. Section G.1.5 of the Original Agreement is hereby deleted in its entirety. 
 6. Section J.1.1. Section J.1.1 of the Original Agreement is hereby deleted in its entirety and replaced with the following: 
 “1.2 Term. Unless sooner terminated in accordance with this Section J, the term (the “Term”) of this Agreement shall
expire following the payment of all Fees owed hereunder.” 
 7. Effective Date. The amendments and/or modifications to the
Original Agreement set forth in this First Amendment shall be deemed effective as of August 22, 2008. 
  

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 8. Amendment. Except as expressly amended or modified by this First Amendment, the Original
Agreement is ratified and confirmed and is in full force and effect. 
 [SIGNATURES ON FOLLOWING PAGE] 
  

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 IN WITNESS WHEREOF, the parties hereto, by their duly authorized officers, have executed this First
Amendment to Temporary Help Services Subcontract as of the date first written above. 
  

			
	CPR:
	
	CLEARPOINT RESOURCES, INC.
		
	By:	 	 /s/ Mike Traina

	Name:	 	Mike Traina
	Title:	 	CEO
	
	SELECT:
	
	KOOSHAREM CORP. D/B/A SELECT STAFFING
		
	By:	 	 /s/ Paul J. Sorensen

	Name:	 	Paul J. Sorensen
	Title:	 	President

  

 4Waiver and Consent--ComVest Capital, LLC

 Exhibit 10.3 
 WAIVER AND CONSENT 
 This Waiver and Consent (this “Agreement”), dated
November 7, 2008, is entered into by and among ClearPoint Business Resources, Inc. (the “Company”) and ComVest Capital, LLC (the “Warrant Holder”). 
 RECITALS 
 WHEREAS, in connection with entering into the Revolving Credit
and Term Loan Agreement, dated as of June 20, 2008 (the “Loan Agreement”), by and between the Company and the Warrant Holder, the Company and the Warrant Holder entered into a Registration Rights Agreement dated as of
June 20, 2008 (the “Registration Rights Agreement”) for the benefit of the Warrant Holder and Manufacturers and Traders Trust Company; 
 WHEREAS, capitalized terms used but not defined in this Agreement have the meanings ascribed to them in the Loan Agreement or the Registration Rights Agreement, as applicable. 
 WHEREAS, pursuant to the Registration Rights Agreement, the Company agreed to prepare and file with the SEC the Registration Statement by no later
than ninety (90) days after the date of the Registration Rights Agreement (the “Filing Deadline”); 
 WHEREAS,
the Company and the Warrant Holder previously agreed to extend the Filing Deadline to October 15, 2008 (the “First Extension Date”); 
 WHEREAS, the Company was unable to prepare and file the Registration Statement on or prior to the First Extension Date; and 
 WHEREAS, the Company is currently preparing and reasonably expects to file the Registration Statement on or prior to December 1, 2008 and the parties have agreed to further extend the Filing Deadline to
December 1, 2008 (the “Second Extension Date”). 
 AGREEMENT 
 NOW THEREFORE, in consideration of the premises and the respective agreements contained herein, and for other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, intending to be legally bound hereby, the parties hereby agree as follows: 
 1.
Waiver and Consent. In accordance with Section 11 of the Registration Rights Agreement, the Warrant Holder hereby: (i) waives the requirement that the Registration Statement be prepared and filed on or prior to the Filing Deadline,
as extended by the First Extension Date; (ii) waives any and all rights or remedies available to the Warrant Holder as a result of the Company’s failure to file the Registration Statement on or prior to the Filing Deadline, as extended by
the First Extension Date; and (iii) agrees that the Company shall prepare and file the Registration Statement with the SEC on or prior to the Second Extension Date. 
 2. Binding Effect. This Agreement shall be binding upon and shall inure to benefit of the Company and the Warrant Holder and their respective successors in interest from time to time. 
 3. Entire Agreement. This Agreement constitutes the sole and entire agreement and 

  

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understanding between the parties hereto as to the subject matter hereof, and supersedes all prior discussions, agreements and understandings of every kind
and nature between them as to such subject matter. 
 4. Amendment. This Agreement may be amended only by a written instrument signed
by the parties or their respective successors. 
 5. Governing Law. This Agreement shall (irrespective of the place where it is
executed and delivered) be governed, construed and controlled by and under the substantive laws of the State of New York, without regard to conflicts of law principles (other than Sections 5-1401 and 5-1402 of the New York General Obligations Law).

 6. Counterparts. This Agreement may be executed in multiple counterparts, each of which shall be deemed an original but all of
which taken together shall constitute one and the same instrument. 
 [SIGNATURE PAGE FOLLOWS] 
  

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

			
	COMVEST CAPITAL, LLC:
		
	By:	 	ComVest Capital Management, LLC, its Manager
		
	By:	 	 /s/ Gary E. Jaggard

	Name:	 	Gary E. Jaggard
	Title:	 	Managing Director
	
	CLEARPOINT BUSINESS RESOURCES, INC.:
		
	By:	 	 /s/ Michael D. Traina

	Name:	 	Michael D. Traina
	Title:	 	Chairman and CEO

 [SIGNATURE PAGE TO WAIVER AND CONSENT]

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