Document:

OMNIBUS AMENDMENT NO. 5 AND WAIVER

      This Omnibus Amendment No. 5 and Waiver (this "AMENDMENT"), dated as of
October 30, 2007, is entered into by and between THINKPATH INC., an Ontario
corporation (the "PARENT"), THINKPATH, INC., an Ohio corporation
("THINKPATH-OH"), THINKPATH OF MICHIGAN, INC., a Michigan corporation (the
"THINKPATH-MI"), THINKPATH TECHNICAL SERVICES, INC., an Ohio corporation
("THINKPATH TECHNICAL" and together with the Parent, Thinkpath-OH and
Thinkpath-MI, the "COMPANIES" and each, a "COMPANY"), LAURUS MASTER FUND, LTD.,
a Cayman Islands company ("Laurus"), VALENS OFFSHORE SPV II, CORP., a Delaware
corporation ("VOFSPVII") and VALENS U.S. SPV I, LLC, a Delaware limited
liability company ("VUSSPVI" and together with Laurus and VOFSPVII, the
"HOLDERS" and each, a "HOLDER") for the purpose of (i) amending and restated the
Overadvance Side Letter, dated June 30, 2006 by and among each Company and
Laurus (as amended and restated, further amended, modified or supplemented from
time to time, the "OVERADVANCE SIDE LETTER"), (ii) amending the Security
Agreement, dated as of June 30, 2006, by and among each Company and Laurus (as
amended, modified or supplemented from time to time, the "SECURITY AGREEMENT"),
(iii) the Secured Revolving Note issued by the Companies as of June 30, 2006 to
Laurus in the initial face amount of US$3,500,000 and subsequently amended to
$4,000,000 (as amended, modified or supplemented from time to time, the
"REVOLVING NOTE"), (iv) amending the Common Stock Purchase Warrant issued by the
Parent to Laurus on June 27, 2005 and exercisable into up to 2,100,000 shares of
Common Stock of the Parent (as amended, modified or supplemented from time to
time, the "JUNE 2005 WARRANT"), (v) the Common Stock Purchase Warrant issued by
the Parent to Laurus on January 26, 2006 (and subsequently assigned in part to
each of VOFSPV2 and VUSSPVI) and exercisable into up to 500,000 shares of Common
Stock of the Parent (as amended, modified or supplemented from time to time, the
"JAN 2006 WARRANT"), (vi) the Common Stock Purchase Warrant issued by the Parent
to Laurus on February 28, 2007 (and subsequently assigned in part to each of
VOFSPV2 and VUSSPVI) and exercisable into up to 2,426,870 shares of Common Stock
of the Parent (as amended, modified or supplemented from time to time, the "FEB
2007 WARRANT" and together with the Overadvance Side Letter, the Security
Agreement, the Revolving Note, the June 2005 Warrant, the Jan 2006 Warrant, and
each other Ancillary Agreement as defined in the Security Agreement, THE "LOAN
DOCUMENTS"). Capitalized terms used herein without definition shall have the
meanings ascribed to such terms in the Security Agreement.

                               W I T N E S S E T H

      WHEREAS, the Parent has failed to cause the filing and effectiveness of
the registration statement (the "REGISTRATION STATEMENT") required to be filed
and declared effective and to be maintained pursuant to Sections 2(a)(i) and
(ii) of the Minimum Borrowing Note Registration Rights Agreement, dated as of
June 27, 2005 by and between the Parent and Laurus (as amended, modified or
supplemented from time to time, the "REGISTRATION RIGHTS AGREEMENT") and, as a
result the Companies owe the Holders pursuant to Section 2(a) of the
Registration Rights Agreement, certain liquidated damages (the "LIQUIDATED
DAMAGES") as a result thereof; and

      WHEREAS, the Companies have failed to pay to the Holders when due the
Liquidated Damages; and

                                       1
<PAGE>

      WHEREAS, the Companies have failed to maintain positive Consolidated Cash
Flow for each monthly period commencing on March 1, 2007 through the date
hereof; and

      WHEREAS, the Holders have agreed to waive on the terms and conditions set
forth herein, the Events of Default that may have occurred and are continuing as
a result of the failure by the Parent to pay to the Holders the Liquidated
Damages when due, as well as the breaches to the Consolidated Cash Flow covenant
through the date hereof, on the terms and conditions set forth herein; and

      WHEREAS, each Company and each Holder have agreed to make certain changes
and/or modifications to certain of the Loan Documents as set forth herein.

      NOW, THEREFORE, in consideration of the above, and for other good and
valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, the parties hereto agree as follows:

WAIVER OF EVENTS OF DEFAULT

      1. Each Holder hereby waives each Event of Default that may have arisen
under Sections 19(a) and 19(c) of the Security Agreement solely as a result of
(i) the failure by the Companies to maintain positive Consolidated Cash Flow for
the each monthly period commencing on March 1, 2007 through the date hereof as
otherwise required by Section 13(bb) of the Security Agreement and (ii) the
failure by the Companies to pay to the Holders the Liquidated Damages as
otherwise required under the terms of the Registration Rights Agreement. Each
Holder hereby further waives the payment of the Liquidated Damages currently due
and payable to Holders by the Companies and further hereby agrees not to access
further Liquidated Damages through March 30, 2008.

      2. Each Holder and each Company hereby agree that:

      AMENDMENT TO SECURITY AGREEMENT

            a.    Section 13(bb) of the Security Agreement is hereby deleted in
                  its entirety and the following new Section 13(bb) is inserted
                  in lieu thereof:

                  "Minimum Consolidated Cash Flow. The Parent and its
                  Subsidiaries will not permit the Consolidated Cash Flow for
                  any monthly period ending on the last day each such month to
                  be less than the amount set forth below opposite the period
                  within such month occurs:

                  Peiod                                                 Amount
                  -----                                                 ------
                  October 30, 2007 through and including
                  June 30, 2008                                        ($50,000)
                  July 1, 2008 through and including
                  August 31, 2008                                      ($35,000)
                  September 1, 2008 through and including
                  December 31, 2008     ($20,000)
                  January 1, 2009 through and including the Maturity
                  Date (as defined in the Term Secured Note)             $1,000

                                       2
<PAGE>

      AMENDMENT TO REVOLVING NOTE

            b.    The Maturity Date under and as defined in the Revolving Note
                  is hereby extended to October 31, 2008.

      AMENDMENT TO OVERADVANCE SIDE LETTER

            c.    The Overadvance Side Letter is hereby amended and restated in
                  its entirety in the form attached hereto as EXHIBIT A (the
                  "AMENDED AND RESTATED OVERADVANCE SIDE LETTER").

      AMENDMENT TO JUNE 2005 WARRANT

            d.    The June 2005 Warrant is hereby amended by deleting the
                  definition of "Exercise Price" appearing therein in its
                  entirety and inserting the following new definition of
                  "Exercise Price" in lieu thereof:

                        "The 'Exercise Price' applicable under this Warrant
                  shall be $0.01 for each share acquired hereunder."

REAFFIRMATION OF REGISTRATION RIGHTS AGREEMENT

      3. The Parent hereby ratifies and reaffirms its obligation pursuant to the
terms of the Registration Rights Agreement to file and have declared effective a
Registration Statement which shall register the shares of Common Stock of the
Company which are not otherwise freely tradeable and that are (i) held by each
of Laurus, VOFSPVII and VUSSPVI and (ii) that may be issued upon exercise of
issuable upon exercise of the Common Stock Purchase Warrant issued by the Parent
to Laurus on November 15, 2006 and exercisable into up to 940,750 shares of
Common Stock of the Parent (as amended, modified or supplemented from time to
time, the "NOV 2006 WARRANT"), on or prior to March 31, 2008 (the "EFFECTIVENESS
DATE"). For the avoidance of doubt, the "Effectiveness Date" shall be deemed a
Filing Date as defined in the Registration Rights Agreement.

ADDITIONAL COVENANTS

      4. Mandatory Repayments of the Obligations.

            a.    On each date following each date on or after the date hereof
                  upon which the Parent or any of its Subsidiaries receives any
                  cash proceeds from any capital contribution or any sale or
                  issuance of its equity, an amount equal to 60% of the Net
                  Equity Proceeds of such capital contribution or sale or
                  issuance of equity shall be applied on such date as a
                  mandatory repayment of the Obligations in accordance with the
                  requirements of Sections 4(c) below. Nothing set forth herein
                  shall be deemed to be the implied or actual consent of any
                  Holder to the issuance by the Parent or its Subsidiaries of
                  equity.

                                       3
<PAGE>

            b.    On each date on or after the date hereof upon which the Parent
                  or any of its Subsidiaries receives any cash proceeds from any
                  Asset Sale, an amount equal to 100% of the Net Sale Proceeds
                  therefrom shall be applied on such date as a mandatory
                  repayment of the Obligations in accordance with the
                  requirements of Sections 4(c) below. Nothing set forth herein
                  shall be deemed to be the implied or actual consent of any
                  Holder to the consummation of any Asset Sale by the Parent or
                  its Subsidiaries.

            c.    Each amount required to be applied pursuant to Sections 4(a)
                  and (b) in accordance with this Section 4(c) shall be applied
                  (i) first, to any fees due and payable to Holder pursuant to
                  the Overadvance and the Notes, the Security Agreement and the
                  Ancillary Agreements, (ii) second. to accrued and unpaid
                  interest due on the Overadvance and the Notes, (iii) third, to
                  the outstanding principal balance of the Overadvance, (iv)
                  fourth, to the outstanding principal balance of the Secured
                  Term Note and (v) fifth, to the outstanding principal balance
                  of the Secured Revolving Note.

            d.    For purposes hereof, the following terms shall have the
                  meanings ascribed such terms herein:

            "ASSET SALE" shall mean any sale, transfer or other disposition by
            the Parent or any of its Subsidiaries to any Person (including by
            way of redemption by such Person) of any asset (including, without
            limitation, any capital stock or other securities of, or equity
            interests in, another Person).

            "NET EQUITY PROCEEDS" shall mean, with respect to each issuance or
            sale of any equity by any Person or any capital contribution to such
            Person, an amount in cash equal to the cash proceeds (net of
            underwriting discounts and commissions and other reasonable costs
            associated therewith) received by such Person from the respective
            sale or issuance of its equity or from the respective capital
            contribution.

            "NET SALE PROCEEDS" shall mean, for any Asset Sale, an amount in
            cash equal to the gross cash proceeds (including any cash received
            by way of deferred payment pursuant to a promissory note, receivable
            or otherwise, but only as and when received) received from such sale
            of assets, net of the reasonable costs of such sale (including fees
            and commissions, payments of unassumed liabilities relating to the
            assets sold and required payments of any Indebtedness (other than
            Indebtedness secured pursuant to the Security Agreement) which is
            secured by the respective assets which were sold), and the
            incremental taxes paid or payable as a result of such Asset Sale.

                                       4
<PAGE>

MISCELLANEOUS

      5. This Amendment shall be effective as of the date first above written
(the "AMENDMENT EFFECTIVE DATE") on the date when (i) each of the Companies and
Laurus shall have duly executed and each of the Companies shall have delivered
to Laurus their respective counterparts to this Amendment and the Amended and
Restated Overadvance Side Letter, and (ii) each of the Companies and Laurus
shall have duly executed and each of the Companies shall have delivered to the
Holders their respective counterparts to the Reaffirmation and Ratification
Agreement in the form attached hereto as EXHIBIT B.

      6. Except as specifically set forth in this Amendment, there are no other
amendments, modifications or waivers to the Loan Documents, and all of the other
forms, terms and provisions of the Loan Documents remain in full force and
effect.

      7. The Parent and, to the extent applicable, each of the other Companies
hereby represent and warrant to Laurus that (i) after giving effect to the
Amendment Effective Date, no Event of Default exists on the date hereof, (ii) on
the date hereof, after giving effect to the Amendment Effective Date, all
representations, warranties and covenants made by the Parent and/or such other
Companies, as applicable, in connection with the Loan Documents are true,
correct and complete and (iii) on the date hereof, after giving effect to the
Amendment Effective Date, all of the Parent's, the other Companies' and their
respective Subsidiaries' covenant requirements have been met.

      8. From and after the Amendment Effective Date, all references in the Loan
Documents, the other Ancillary Agreements to any Loan Document shall be deemed
to be a reference to such Loan Document as modified hereby.

      9. This Amendment shall be binding upon the parties hereto and their
respective successors and permitted assigns and shall inure to the benefit of
and be enforceable by each of the parties hereto and its successors and
permitted assigns. THIS AMENDMENT SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE
WITH AND GOVERNED BY THE LAW OF THE STATE OF NEW YORK. This Amendment may be
executed in any number of counterparts, each of which shall be an original, but
all of which shall constitute one instrument.

                                     * * * *

                                       5
<PAGE>

      IN WITNESS WHEREOF, each of the Companies and Laurus have caused this
Amendment to be effective and signed in its name effective as of the date set
forth above.

                                    THINKPATH INC., AN ONTARIO CORPORATION

                                    By: /s/ DECLAN FRENCH
                                       -----------------------------------------
                                    Name: Declan French
                                    Title:CEO

                                    THINKPATH INC., AN OHIO CORPORATION

                                    By: /s/ DECLAN FRENCH
                                       -----------------------------------------
                                    Name: Declan French
                                    Title:CEO

                                    THINKPATH OF MICHIGAN INC., A
                                    MICHIGAN CORPORATION

                                    By: /s/ DECLAN FRENCH
                                       -----------------------------------------
                                    Name: Declan French
                                    Title:CEO

                                    THINKPATH TECHNICAL SERVICES INC., AN
                                    OHIO CORPORATION

                                    By: /s/ DECLAN FRENCH
                                       -----------------------------------------
                                    Name: Declan French
                                    Title:CEO

                                       6
<PAGE>

                                    LAURUS MASTER FUND, LTD.
                                    By: Laurus Capital Management, LLC,
                                    its investment manager

                                    By: /S/ EUGENE GRIN
                                       -----------------------------------------
                                    Name:  Eugene Grin
                                    Title: Principal

                                    VALENS OFFSHORE SPV II, CORP.
                                    By: Valens Capital Management, LLC,
                                    its investment manager

                                    By: /S/ EUGENE GRIN
                                       -----------------------------------------
                                    Name:  Eugene Grin
                                    Title: Authorized Signatory

                                    VALENS ONSHORE SPV I, LLC
                                    By: Valens Capital Management, LLC,
                                    its investment manager

                                    By: /S/ EUGENE GRIN
                                       -----------------------------------------
                                    Name:  Eugene Grin
                                    Title: Authorized Signatory

                                       7
<PAGE>

                                    EXHIBIT A

                  AMENDED AND RESTATED OVERADVANCE SIDE LETTER

                                 [SEE ATTACHED]

                                       8
<PAGE>

                                                              October 30, 2007

Thinkpath Inc. and its Subsidiaries
201 Westcreek Boulevard
Brampton, Ontario, Canada L6T 5S6
Attention:  Chief Financial Officer

                Re: Amended and Restated Overadvance Side Letter

      This Amended and Restated Overadvance Side Letter (this "OVERADVANCE SIDE
LETTER") amends and restates in its entirety (and is given in substitution for
and not in satisfaction of the obligations arising under) the Overadvance Side
Letter, dated June 30, 2006 by and among each Thinkpath Inc., an Ontario
corporation ("Thinkpath") and such other subsidiaries of Thinkpath party thereto
(collectively, together with Thinkpath, the "COMPANIES" and each, a "COMPANY")
and Laurus Master Fund, Ltd. ("LAURUS") (as amended, modified or supplemented
from time to time through the date hereof, the "JUNE 2006 OVERADVANCE SIDE
LETTER").

      Reference is hereby made to that certain Security Agreement dated as of
June 30, 2006 by and among Thinkpath and such other Companies named in that
certain Security Agreement or which hereafter become a party thereto and Laurus
(as amended, modified or supplemented from time to time, the "SECURITY
AGREEMENT"). Capitalized terms used but not defined herein shall have the
meanings ascribed them in the Security Agreement. Subject to satisfaction of the
Overadvance Conditions (as defined below), Laurus is hereby notifying the
Companies of its decision to exercise the discretion granted to it pursuant to
Section 2(a)(ii) of the Security Agreement to make Loans to the Companies during
the Period (as defined below) in excess of the Formula Amount on the date hereof
(the "OVERADVANCE"). The Companies hereby acknowledge that the aggregate
principal amount of the Overadvance outstanding as of the date hereof is
$1,477,054 (the "OUTSTANDING OVERADVANCE AMOUNT"). The outstanding Overadvance
shall at no time exceed the lesser of (x) Applicable Maximum Overadvance Amount
(as defined below) and (y) the remainder of the Capital Availability Amount less
the Formula Amount as of the date of determination (the "TOTAL MAXIMUM
OVERADVANCE AMOUNT"). The "APPLICABLE MAXIMUM OVERADVANCE AMOUNT" shall mean on
any date of determination such amount set forth on ANNEX A hereto under the
heading "Applicable Maximum Overadvance Amount" and opposite the period during
which such determination is made.

      In connection with making the Overadvance, for a period commencing on the
date hereof through and including June 30, 2008 (the "PERIOD"), Laurus hereby
waives compliance with Section 3 of the Security Agreement, but solely as such
provision relates to the immediate repayment requirement for Overadvances.
Laurus further agrees that solely for such Period (but not thereafter), (i) the
incurrence and existence of the Overadvance shall not trigger an Event of
Default under Section 19(a) of the Security Agreement and (ii) notwithstanding
anything set forth to the contrary in Section 5(b)(ii) of the Security
Agreement, the rate of interest (the "OVERADVANCE RATE") applicable to
Overadvances shall be 29.0% per annum; provided that, the Overadvance Rate shall
be increased by an additional one percent (1.0%) per each 30 day period

                                       9
<PAGE>

following the date hereof until the Overadvance shall be indefeasibly repaid in
full; provided further, that, notwithstanding the foregoing, the Overadvance
Rate shall at no time be in excess of 35% per annum. Interest shall be (i)
calculated on the basis of a 360 day year, and (ii) payable monthly, in arrears,
commencing on November 1, 2007 on the first business day of each consecutive
calendar month thereafter through and including the expiration of the Period,
whether by acceleration or otherwise. All other terms and provisions of the
Security Agreement and the Ancillary Agreements shall remain in full force and
effect. For the avoidance of doubt, all proceeds applied by any Company in
repayment of its obligations to Laurus hereunder and under the Security
Agreement and the Ancillary Agreements shall be first applied as a repayment of
the Overadvance unless otherwise agreed by Laurus. Once repaid, the Overadvance
may be reborrowed during the Period provided that the maximum amount of the
Overadvance outstanding shall not at any time exceed the lesser of the
Applicable Maximum Overadvance Amount at such time and the Total Maximum
Overadvance Amount.

      Each Company hereby acknowledges and agrees that Laurus' obligation to
fund the Initial Overadvance Amount on the date hereof and each permitted
reborrowing thereof after the date hereof up to the Maximum Overadvance Amount
shall, at the time of such making of such Overadvance or reborrowing, and
immediately after giving effect thereto, be subject to the satisfaction of the
following conditions (the "OVERADVANCE CONDITIONS"): (i) no Event of Default
shall exist and be continuing as of such date; (ii) all representations,
warranties and covenants made by each Company in connection with the Security
Agreement and the Ancillary Agreements shall be true, correct and complete as of
such date; (iii) each Company and its Subsidiaries shall have taken all action
necessary to grant Laurus "control" over all of such Company's and its
respective Subsidiaries' Deposit Accounts (the "CONTROL ACCOUNTS"), with any
agreements establishing "control" to be in form and substance satisfactory to
Laurus and (iv) the Companies shall have provided to Laurus on the 1st and 15th
of each month during the Period a borrowing base certificate (each, a
"CERTIFICATE") in the form attached hereto as ANNEX B, which Certificate shall
be properly completed and executed as determined by Laurus in its reasonable
discretion. "Control" over such Control Accounts shall be released upon the
indefeasible repayment in full and termination of the Overadvance (together with
all accrued interest and fees which remain unpaid in respect thereof).

      Each Company hereby acknowledges and agrees that all amounts outstanding
under the Overadvance (together with accrued interest and fees which remain
unpaid in respect thereof) on the date of expiration of the Period shall,
jointly and severally, be repaid in full by the Companies on such date of
expiration. Each Company hereby further acknowledges and agrees that all amounts
outstanding under the Overadvance (together with accrued interest and fees which
remain unpaid in respect thereof) in excess of the lesser of the Applicable
Maximum Overadvance Amount and the Total Maximum Overadvance Amount (each, an
"EXCESS") at any time shall, jointly and severally, be repaid in full by the
Companies within 3 business days of the first date of each such Excess. The
failure to make any required repayment hereunder of an Overadvance shall give
rise to an immediate Event of Default.

                                       10
<PAGE>

      The Parent understands that it has an affirmative obligation to make
prompt public disclosure of material agreements and material amendments to such
agreements. It is the Parent's determination that this Overadvance Side Letter
and the related amendment dated as of the date hereof are material. The Parent
agrees to file an 8-K within four (4) business days of the date hereof and in
the form otherwise prescribed by the Securities and Exchange Commission.

      This Overadvance Side Letter may not be amended or waived except by an
instrument in writing signed by each of the Companies and Laurus. This
Overadvance Side Letter may be executed in any number of counterparts, each of
which shall be an original and all of which, when taken together, shall
constitute one agreement. Delivery of an executed signature page of this
Overadvance Side Letter by facsimile transmission shall be effective as delivery
of a manually executed counterpart hereof or thereof, as the case may be. THIS
OVERADVANCE SIDE LETTER SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH,
THE LAWS OF THE STATE OF NEW YORK. This Overadvance Side Letter sets forth the
entire agreement between the parties hereto as to the matters set forth herein
and supersede all prior communications, written or oral, with respect to the
matters herein.

      This Overadvance Side Letter shall for all purposes be deemed to be an
"Ancillary Agreement" under and as defined in the Security Agreement.

      If the foregoing meets with the Companies' approval please signify the
Companies' acceptance of the terms hereof by signing below.

                                    LAURUS MASTER FUND, LTD.
                                    By: Laurus Capital Management, LLC,
                                    its investment manager

                                    By: /S/ EUGENE GRIN
                                       -----------------------------------------
                                    Name:  Eugene Grin
                                    Title: Principal

                                       11
<PAGE>

AGREED AND ACCEPTED ON THE DATE HEREOF:

THINKPATH INC., AN ONTARIO CORPORATION

By: /s/ DECLAN FRENCH
   -----------------------------------------
Name:  Declan French
Title: CEO

THINKPATH, INC., AN OHIO CORPORATION

By: /s/ DECLAN FRENCH
   -----------------------------------------
Name:  Declan French
Title: CEO

THINKPATH OF MICHIGAN, INC., A MICHIGAN CORPORATION

By: /s/ DECLAN FRENCH
   -----------------------------------------
Name:  Declan French
Title: CEO

THINKPATH TECHNICAL SERVICES, INC., AN OHIO CORPORATION

By:
   -----------------------------------------
Name:
Title:

                                       12
<PAGE>

                       ANNEX A TO OVERADVANCE SIDE LETTER

               PERIOD                   APPLICABLE MAXIMUM OVERADVANCE AMOUNT
               ------                   -------------------------------------

October 30, 2007 through and                         $1,500,000
including March 31, 2008

April 1, 2008 through and including                  $1,200,000
April 30, 2008

May 1, 2008 through and including                    $1,150,000
May 31, 2008

June 1, 2008 through and including                   $1,100,000
June 30, 2008

July 1, 2008 through and including                   $1,050,000
July 31, 2008

August 1, 2008 through and                           $1,000,000
including August 31, 2008

September 1, 2008 through and                         $950,000
including September 30, 2008

October 1, 2008 through and                           $900,000
including October 30, 2008

October 31, 2008 and thereafter                          $0

                                       13
<PAGE>

                                     ANNEX B

                                [OBJECT OMITTED]

                                       14
<PAGE>

                                    EXHIBIT B

                FORM OF REAFFIRMATION AND RATIFICATION AGREEMENT

                                 [SEE ATTACHED]

                                       15
<PAGE>

                    REAFFIRMATION AND RATIFICATION AGREEMENT

                                                              October 30, 2007

Laurus Master Fund, Ltd.
c/o Laurus Capital Management, LLC
825 Third Avenue
New York, New York 10022

Ladies and Gentlemen:

      Reference is made to (a) the Security Agreement dated as of June 27, 2005
by and among Thinkpath, Inc., an Ontario corporation ("THINKPATH"), Thinkpath,
Inc., an Ohio corporation ("THINKPATH (OH)"), Thinkpath of Michigan Inc., a
Michigan corporation ("THINKPATH (MI)"), and Thinkpath Technical Services Inc.,
a Ohio corporation ("TECHNICAL SERVICES") and Laurus Master Fund, Ltd., a Cayman
Islands company ("LAURUS") (as amended, modified and/or supplemented from time
to time, the "JUNE 2005 SECURITY AGREEMENT"), (b) the Ontario Subsidiary
Guaranty, dated as of June 27, 2005 made by Systemsearch Consulting Services
Inc., an Ontario corporation ("SYSTEMSEARCH"), Thinkpath Training Inc., an
Ontario corporation ("THINKPATH TRAINING (ON)"), Tidalbeach Inc., an Ontario
corporation ("TIDALBEACH"), International Career Specialists Inc., an Ontario
corporation ("ICS") and TBM Technologies Inc., an Ontario Corporation ("TBM") in
favor of Laurus (as amended, modified or supplemented from time to time, the
"ONTARIO SUBSIDIARY GUARANTY"), (c) the Ontario Master Security Agreement dated
as of June 27, 2005 made by Thinkpath Training (ON), Tidalbeach, ICS and TBM in
favor of Laurus (as amended, modified or supplemented from time to time, the
"ONTARIO MASTER SECURITY AGREEMENT"), (d) the US Subsidiary Guaranty, dated as
of June 27, 2005 made by Thinkpath Training (US) Inc., a New York corporation
("THINKPATH TRAINING (NY)"), Microtech Professional Inc., a Massachusetts
corporation ("MICROTECH") and E-wink, Inc., a New York corporation ("EWINK") in
favor of Laurus (as amended, modified or supplemented from time to time, the "US
SUBSIDIARY GUARANTY"), (e) the US Master Security Agreement dated as of June 27,
2005 made by Thinkpath Training (NY), Microtech and Ewink in favor of Laurus (as
amended, modified or supplemented from time to time, the "US MASTER SECURITY
AGREEMENT"), (f) the Stock Pledge Agreement dated as of June 27, 2005 made by
Thinkpath, Thinkpath (OH), Thinkpath (MI), Technical Services, Systemsearch,
Thinkpath Training (ON), Tidalbeach, ICS, TBM, Thinkpath Training (NY),
Microtech and Ewink in favor of Laurus (as amended, modified or supplemented
from time to time, the "STOCK PLEDGE AGREEMENT") and (g) the Security Agreement
dated as of June 30, 2006 by and among Thinkpath, Thinkpath (OH), Thinkpath
(MI), Technical Services and such other subsidiaries of Thinkpath which
hereafter become a party thereto (together with Thinkpath, Thinkpath (OH),
Thinkpath (MI) and Technical Services, the "COMPANIES" and, each a "COMPANY"),
and Laurus (as amended, modified and/or supplemented from time to time, the
"JUNE 2006 SECURITY AGREEMENT") (the June 2005 Security Agreement, the Ontario
Subsidiary Guaranty, the Ontario Master Security Agreement, the US Subsidiary
Guaranty, the US Master Security Agreement, the Stock Pledge Agreement and the
June 2006 Security Agreement, collectively, the "EXISTING SECURITY AND GUARANTY
AGREEMENTS"). For purposes hereof, the defined term "CREDIT PARTY" shall mean
individually and collectively, each of Thinkpath, Thinkpath (OH), Thinkpath
(MI), Technical Services, Systemsearch, Thinkpath Training (ON), Tidalbeach,
ICS, TBM and Thinkpath Training (NY).

                                       16
<PAGE>

      WHEREAS, Thinkpath, Thinkpath (OH), Thinkpath (MI), Technical Services
(collectively, the "BORROWERS") and Laurus and certain other parties have agreed
to enter into that certain Omnibus Amendment No. 5 and Waiver, dated as of the
date hereof for the purpose, in part, of (i) extending the Maturity Date of that
certain Secured Revolving Note, made by the Borrowers as of June 30, 2006,
jointly and severally, in favor of Laurus (as amended, modified or supplemented
from time to time, the "REVOLVING NOTE") and (ii) amending and restating in its
entirety that certain Overadvance Side Letter, dated as of June 30, 2006 by and
among each Company and Laurus (as amended and restated, further amended,
modified or supplemented from time to time, the "OVERADVANCE SIDE LETTER" and
together with the Revolving Note and the Omnibus Amendment No. 5 and Waiver, the
"AMENDED LAURUS DOCUMENTS"); and

      NOW THEREFORE, in consideration of the foregoing premises and for other
good and valuable consideration , the receipt and sufficiency of which is hereby
acknowledged, the parties hereto agree as follows:

      1. Reaffirmation and Ratification. To induce Laurus to agree to the
Amended Laurus Documents, each Credit Party hereby jointly and severally:

            a. represents and warrants to Laurus that it has reviewed and
      approved the terms and provisions of the Amended Laurus Document and the
      documents, instruments and agreements entered into in connection
      therewith;

            b. acknowledges, ratifies and confirms that all indebtedness
      incurred by, and all other obligations and liabilities of, each Company
      under the Amended Laurus Documents are (i) "Obligations" under, and as
      defined in the June 2005 Security Agreement, (ii) "Obligations" under, and
      as defined in the Ontario Subsidiary Guaranty, (iii) "Obligations" under,
      and as defined in, the Ontario Master Security Agreement, (iv)
      "Obligations" under, and as defined in the US Subsidiary Guaranty, (v)
      "Obligations" under, and as defined in, the US Master Security Agreement,
      (vi) "Obligations" under, and as defined in, the Stock Pledge Agreement
      and (vii) "Obligations" under, and as defined in the June 2006 Security
      Agreement;

            c. acknowledges, ratifies and confirms that Amended Laurus Documents
      are eacn (x) an "Ancillary Agreement" under, and as defined in, each of
      the June 2005 Security Agreement and June 2006 Security Agreement and (y)
      a "Document" under, and as defined in, each of the Ontario Subsidiary
      Guaranty, the Ontario Master Security Agreement, the US Subsidiary
      Guaranty, the US Master Security Agreement and the Stock Pledge Agreement;

            d. acknowledges, ratifies and confirms that all of the terms,
      conditions, representations and covenants contained in the Existing
      Security and Guaranty Agreements are in full force and effect and shall
      remain in full force and effect after giving effect to the execution and
      effectiveness of the Amended Laurus Documents;

                                       17
<PAGE>

            e. represents and warrants that no offsets, counterclaims or
      defenses exist as of the date hereof with respect to any of the
      undersigned's obligations under any Existing Security and Guaranty
      Agreement or the Amended Laurus Documents and the Existing Security and
      Guaranty Agreements shall continue to constitute valid security for the
      obligations of each Credit Party to Laurus under and pursuant to the
      Existing Security and Guaranty Agreements and the Amended Laurus
      Documents; and

            f. acknowledges, ratifies and confirms the grant by such Credit
      Party to Laurus of a security interest in the assets of (including the
      equity interests owned by) such Credit Party, as more specifically set
      forth in the Existing Security and Guaranty Agreements and that each
      Existing Security and Guaranty Agreement constitutes legal, valid and
      binding obligations of each Credit Party party thereto, enforceable
      against each such Credit Party in accordance with their terms, subject to
      applicable bankruptcy, insolvency, reorganization and other laws of
      general application limiting the enforceability of creditors' rights.

      2. Miscellaneous. This Reaffirmation shall be binding upon the parties
hereto and their respective successors and permitted assigns and shall inure to
the benefit of and be enforceable by each of the parties hereto and its
successors and permitted assigns. THIS REAFFIRMATION SHALL BE CONSTRUED AND
ENFORCED IN ACCORDANCE WITH AND GOVERNED BY THE LAW OF THE STATE OF NEW YORK.
This Reaffirmation may be executed in any number of counterparts, each of which
shall be an original, but all of which shall constitute one instrument. In the
event that any provision of this Reaffirmation shall prove to be invalid or
unenforceable, such provision shall be deemed to be severable from the other
provisions of this Reaffirmation which shall remain binding on all parties
hereto.

      3. Ancillary Agreements. From and after the execution and delivery hereof
by the parties hereto, this Reaffirmation shall constitute an "ANCILLARY
AGREEMENT" for all purposes of the Loan Documents.

            [The remainder of this page is intentionally left blank]

                                       18
<PAGE>

                                    Very truly yours,

                                    THINKPATH INC., an Ontario corporation

                                    By:   /S/ DECLAN FRENCH
                                       -----------------------------------------
                                    Name:    Declan French
                                    Title:   CEO
                                    Address: 16 Four Seasons Place,
                                             Toronto, Ontario

                                    THINKPATH INC., an Ohio corporation

                                    By:   /S/ DECLAN FRENCH
                                       -----------------------------------------
                                    Name:
                                    Title:
                                    Address:

                                    THINKPATH OF MICHIGAN INC., a
                                    Michigan corporation

                                    By:   /S/ DECLAN FRENCH
                                       -----------------------------------------
                                    Name:
                                    Title:
                                    Address:

                                    THINKPATH TECHNICAL SERVICES INC., an Ohio
                                    corporation

                                    By:   /S/ DECLAN FRENCH
                                       -----------------------------------------
                                    Name:
                                    Title:
                                    Address:

                                    SYSTEMSEARCH CONSULTING SERVICES INC., an
                                    Ontario corporation

                                    By:   /S/ DECLAN FRENCH
                                       -----------------------------------------
                                    Name:
                                    Title:
                                    Address:

                                    THINKPATH TRAINING INC., an
                                    Ontario corporation

                                    By:   /S/ DECLAN FRENCH
                                       -----------------------------------------
                                    Name:
                                    Title:
                                    Address:

                                       19
<PAGE>

                                    TIDALBEACH INC., an Ontario corporation

                                    By:   /S/ DECLAN FRENCH
                                       -----------------------------------------
                                    Name:
                                    Title:
                                    Address:

                                    THINKPATH TRAINING (US) INC., a
                                    New York corporation

                                    By:   /S/ DECLAN FRENCH
                                       -----------------------------------------
                                    Name:
                                    Title:
                                    Address:

                                    INTERNATIONAL CAREER SPECIALISTS INC., an
                                    Ontario corporation

                                    By:   /S/ DECLAN FRENCH
                                       -----------------------------------------
                                    Name:
                                    Title:
                                    Address:

                                    TBM TECHNOLOGIES INC., an Ontario
                                    corporation

                                    By:   /S/ DECLAN FRENCH
                                       -----------------------------------------
                                    Name:
                                    Title:
                                    Address:

                                       20
<PAGE>

ACKNOWLEDGED AND AGREED TO BY:

LAURUS MASTER FUND, LTD.
By: Laurus Capital Management, LLC,
its investment manager

BY: /S/ EUGENE GRIN
   --------------------------------
   NAME:   Eugene Grin
   TITLE:  Principal

                                       21Crucible Capital Group, Inc.
                                Member FINRA SIPC
                  27 Whitehall St. 5th Floor New York, NY 10004
                    Phone (212) 785- 2815 Fax (212) 785-3175

October 2, 2007

PRIVATE AND CONFIDENTIAL

ThinkPath Inc.
Attention: Declan French, CEO
16 Four Seasons Place, Suite 215
Toronto, Ontario M9B 6E

Dear Mr. French,

         This letter agreement ("Agreement") confirms our understanding that
THINKPATH INC. AND ITS SUBSIDIARIES AND AFFILIATES (COLLECTIVELY HEREAFTER NAME
OR THE "COMPANY") has engaged CRUCIBLE CAPITAL GROUP, INC. (HEREAFTER "CRUCIBLE"
OR THE "ADVISORS") the exclusive right as its consultant, financial Advisors and
agent, if and where appropriate, in connection with: 1) "PRIVATE EQUITY":
arranging for the Company a private equity financing in the amount of up to
approximately $5,000,000. and/or 2) "DEBT FACILITIES": arranging for the company
private and/or bank debt via unsecured and/or secured loans in the amount of up
to approximately $5,000,000, and/or 3) "CREDIT FACILITIES": arranging for the
Company bank debt including but not limited to revolving lines of credit, asset
based loans and/or other types of credit facilities (individually and
collectively) in the amount of up to approximately $5,000,000.

         The above referenced financings will be on a best efforts basis and in
conformity with state and federal regulations, and are subject to: the terms and
conditions of this agreement between Crucible Capital Group, Inc. and the
Company, further due diligence, the ability of the company to deliver clear
title to certain assets as collateral for any financing as necessary, any terms
and conditions of any lender or financing authority. The Company agrees and
understands that the Company may not wish to pursue or may not qualify for one
or more of the financings described in this agreement and that Advisors may seek
only those financing requested by the Company for which the Company may qualify.

RETENTION

          For the Term of this Agreement the Company appoints the Advisors as
the Company's consultant, financial Advisors and agent as independent
contractors to the Company, in connection with the arrangement of the Private
Equity and/or Credit and Debt Facilities.

          The Advisors shall at all times be an independent contractors to the
Company and shall not represent or be represented as an employee, partner,
officer, director or affiliate of the Company

         Subject to the terms and conditions of this Agreement, the Advisors
accept this appointment as an independent contractor to the Company. The
Advisors agrees that it will use its best efforts, consistent with its business
judgment, to advise the Company concerning the arrangement of the Private Equity
and/or Credit and Debt Facilities. In no event shall the Advisors be obligated
to participate in and/or purchase Private Equity and/or Credit and Debt
Facilities for its own account or for the accounts of any other entities or
individuals.

Initial_______                                                  Initial_______
<PAGE>

                                  CLIENT NAME
                                  CONFIDENTIAL

TERM

          The initial term of this agreement is 90 days, and shall automatically
renew monthly, subject to all other terms and conditions including but not
limited to any agreements regarding Termination. In addition, if substantial and
material progress has been made to facilitate any of the Closings, the parties
hereto agree to extend the Term of this Agreement for an additional period of up
to sixty (60) days as may be reasonable and necessary to complete any of the
Closings. Advisors shall be entitled to the Fees as provided herein with respect
to any arrangement of the Private Equity and/or Credit and Debt Facilities that
utilizes any information or data which the Advisors has provided, and may
continue to provide, regarding any Investors to be included in the Private
Equity and/or Credit and Debt Facilities and is consummated within two (2) year
from the expiration or termination of this Agreement.

SERVICES

         For the Term of this Agreement the services to be performed by the
ANGELIC HOLDINGS LLC shall include, but not be limited to:

         (a)      Meeting with management of the Company to review the Company's
                  historic, current and prospective operations, business and
                  financial condition;

         (b)      Completing a due diligence review of the Company to determine
                  the Advisors' view of the Company's expected cash flow,
                  borrowing capacity, current and potential enterprise value;

         (c)      Advising the Company as to appropriate structure, terms and
                  conditions to be included in the Private Equity and/or Credit
                  and Debt Facilities;

         (d)      Recommending a negotiating strategy and assisting in
                  negotiating the terms and conditions of the Private Equity
                  and/or Credit and Debt Facilities.

         For the Term of this Agreement the services to be performed by the
CRUCIBLE CAPITAL, INC. shall include, but not be limited to:

(a) Review the appropriate Due Diligence Materials for the Private Equity and/or
Credit and Debt Facilities;

(b) Assisting in closing the Private Equity and/or Credit and Debt Facilities.

TERMINATION

          The engagement may be terminated, subject to the initial sixty day
minimum, by the Company or the Advisors at any time upon thirty (60) days prior
written notice to the other or effective immediately on or the giving of written
notice in the case of material or continued breach, provided that the Advisors
shall be entitled to the Fees and reimbursement of expenses in accordance with
this Agreement through the date of termination. If a arrangement of the Private
Equity and/or Credit and Debt Facilities utilizes any information or data which
the Advisors has provided, and may continue to provide, regarding any Investors
to be included in the Credit Facilities, Private Equity and/or Debt or Business
Transaction and is consummated within two (2) year after such termination, the
Advisors shall thereupon be paid the Fees as provided herein.

Initial_______                    Page 2 of 2                    Initial_______
<PAGE>

                                  CLIENT NAME
                                  CONFIDENTIAL

NO UNAUTHORIZED USE OF ADVICE

Any summary of, or reference to, any communication, whether written or oral with
respect thereto, in whole or in part, to third party Advisors will be subject,
in each instance to said party's written agreement to confidentiality,
nondisclosure and indemnification of the Advisors. Notwithstanding the preceding
sentence, nothing in this Agreement shall be construed as a prohibition on the
distribution of any communication as required by implementation of the
arrangement of the Private Equity and/or Credit and Debt Facilities to officers
of the Company, their legal counsel, accountants or financial consultants or to
regulatory agencies. If the Advisors resigns prior to the dissemination of any
Due Diligence Material, or prior to the finalization of the forms of the
Financing Agreements or any other documents or information prepared in
connection with the arrangement of the Private Equity and/or Credit and Debt
Facilities, the term hereof shall be deemed ended and no reference to the
Advisors whatsoever shall be made in materials disseminated after said
resignation.

FEE STRUCTURE

         As compensation to the Advisors for its services hereunder, the Company
agrees to pay the Advisors the following Retainer Fees. The Company further
agrees to pay Advisors additional success fees (collectively, the "Fees") as
they apply to the type of service performed by Advisors:

         The Company agrees to pay a monthly retainer fee in cash of $6,000 per
month for the Term hereof (the "Cash Retainer Fee"). The Retainer Fee shall be
payable in advance made payable to ANGELIC HOLDINGS LLC, and CRUCIBLE CAPITAL,
INC. for the first two months, the minimum term and then monthly thereafter, the
first payment of $12,000, representing the period from the date of this
Agreement until December 2nd, 2007, to be paid upon execution of this Agreement
and 2) subsequent payments of $6,000 to be paid every month on the second of
each month, beginning December 2nd, 2007, until this agreement is terminated. In
addition the Company will issue the amount of shares equal to $36,000, and
options in the amount of $24,000. The additional success fees are as follows;

     a)   An equity financing fee, payable in cash upon the closing of the
          arrangement of the Private Equity (the "EQUITY CLOSING", and
          collectively with the Debt Closings, the "DEBT CLOSINGS"), equal to
          ten percent (10.0%) of the total proceeds raised by the Company in the
          arrangement of such Private Equity and/or Debt (the "COMBINED DEBT AND
          EQUITY FINANCING FEE").

     b)   A credit facility financing fee, payable in cash upon the of closing
          the arrangement of the Credit Facilities (the "CREDIT FACILITIES
          CLOSING"), equal to six and a half percent (6.5%) of the total
          proceeds raised by the Company in the arrangement of such Credit
          Facilities (the "CREDIT FACILITIES FINANCING FEE");

     c)   In addition to the cash fees contained in this agreement the Advisors
          will receive additional non-cash compensation, such as common stock or
          warrants to purchase common stock in the Company. The amount of
          non-cash compensation shall be five percent (5%) stocks and five
          percent (5%) warrants of the value of the transaction and shall be
          mutually determined and agreed prior to the arrangement of any Private
          Equity and/or Debt of the Company by the Advisors or through any third
          party agreement arranged by the Advisors.

     d)   A "Business Combination Fee" for the performance of any services in
          conjunction with any merger, acquisition or business combination
          introduced, arranged, presented, suggested or recommended by Advisors
          to the Company equal to "Lehman Formula" based upon the transaction
          value and due upon the closing of the transaction. (The "Lehman
          Formula" is defined as a commission paid to the Advisors equal to 5%
          of the first million, 4% of the second million, 3% of the third
          million, 2% of the fourth million and 1% of the balance.)

          With the exception of the Retainer Fee, the above specified Fees will
be payable in respect of the services to the Advisors rendered in connection
with each separate transaction, acquisition, merger, transaction (collectively
referred to as "Business Transactions" hereafter) or arrangement of the Private
Equity and/or Credit and Debt Facilities, whether such arrangement and/or
Business Transaction has been arranged by the Advisors, by another agent of the
Company or directly by the Company and whether such arrangement and/or business
combination is conducted in one transaction or a series of transactions.

Initial_______                    Page 3 of 3                    Initial_______
<PAGE>

                                  CLIENT NAME
                                  CONFIDENTIAL

          The Advisors agrees to waive any claim to any fee under this agreement
for any financing or business transaction the Company identifies to the
Advisors, as an addendum to this agreement, at the time this agreement is
executed by the Company, provided the Advisors is under no obligation to
perform, and does not perform, any services in connection with any pre-existing
financing or Business Transaction, including the use of any work product and due
diligence information produced by the Advisors or the Company pursuant to this
agreement.

BREAKUP FEES

         If the Advisors delivers to the Company, and the Company accepts, a
Term Sheet or Letter of Intent for any financing or Business Transaction covered
by this agreement or any other financing requested by the Company, and the
Company then subsequently rejects the Term Sheet or Letter of Intent or prevents
a closing through failure to provide documentation or pay any previously
acknowledged fees required by any Lender/Investor, then the Company shall be
liable in all circumstances to pay, to the Advisors, a breakup fee equal to 25%
of the maximum allowable fee which Advisors would have earned under this
agreement as if the financing had been completed. In the event that funding does
not occur in a timely fashion these fees may not be applicable.

EXPENSE REIMBURSEMENT

          In addition to any Fees that may be payable to the Advisors under this
Agreement, the Company agrees to reimburse the Advisors, on a monthly basis or
at such other times as the Advisors may request, for all of the Advisors'
reasonable administrative, out-of-pocket, and travel expenses incurred in
connection with its activities hereunder, without regard to whether or not any
of the Closings occur, including the reasonable fees and disbursements of the
Advisors' outside legal counsel, if any, resulting from or arising out of this
engagement. The Advisors' expenses, except the reasonable fees and disbursements
of its outside legal counsel, shall not cumulatively exceed $2,500 per month
without the prior written approval of the Company made payable to CRUCIBLE
CAPITAL GROUP, INC.

CONDITIONS OF ARRANGEMENT

         The Advisors agrees to use its commercially reasonable best efforts,
consistent with its business judgment, to affect the Closings as soon as
practicable. The Closings are conditioned upon and subject to, among other
things, documentation reasonably acceptable to the Advisors and the Company,
market conditions applicable to the Private Equity and/or Credit and Debt
markets and satisfaction of the conditions set forth in each Private Equity
and/or Credit and Debt agreement and/or business combination agreement
(individually and collectively, the "FINANCING AGREEMENTS") to be entered into
by and between the Company and the respective Investors and/or business
combination parties named therein, and in the Due Diligence Material, including
any supplements and amendments thereto.

         Notwithstanding the forgoing, should the Company refuse to Close or
prevent a closing through failure to provide documentation or pay any fees
required by any Lender/Investor on any financing arranged by the Advisors,
pursuant to this agreement or at the request of the Company, then the Company
shall be liable to pay to the Advisors Breakup Fees.

DUE DILIGENCE MATERIAL

          Subject to review by Advisors, the Company shall prepare required Due
Diligence Materials (all such documents taken individually and collectively
shall be hereafter referred to as the "DUE DILIGENCE MATERIAL"). The Company
represents and warrants that the information contained in its Due Diligence
Material will not include any untrue statement of a material fact, or omit to
state any material fact required to be stated therein or necessary to make
statements contained therein, in light of the circumstances under which they are
being made, not misleading. The Company agrees to advise the Advisors
immediately in writing of the occurrence of any event or any other change known
to the Company which results in the Due Diligence Material containing an untrue
statement of a material fact or omitting to state any material fact required to
be stated therein or necessary to make statements therein, in light of the
circumstances under which they were made, not misleading. The Company agrees be
solely responsible for accuracy and completeness of the Due Diligence Material.
The Company further agrees that its failure or inability to expeditiously
provide such data or information, or to secure timely access to key personnel
and facilities, may have a material adverse affect on the scope, timing and
success of this engagement. The Company authorizes the Advisors, as its agent;
to furnish any Investors copies of the Due Diligence Material and any other
document or relevant information supplied to the Advisors.

Initial_______                    Page 4 of 4                    Initial_______
<PAGE>

                                  CLIENT NAME
                                  CONFIDENTIAL

CONFIDENTIALITY

         The Advisors agrees to keep non-public information confidential so long
as it remains nonpublic, unless disclosure is required by law or requested by
any governmental or regulatory agency or body, and will not make any use
thereof, except in connection with their services hereunder.
         Other than as agreed or as required by implementation of the
arrangement of the Private Equity and/or Credit and Debt Facilities, the Company
shall not convey to the public through advertising, public relations, news,
sales, mail, direct transmittal, or other media, nor through any offering
circular or registration statement, prospectus, appraisal, loan or other
agreements or documents all or any part of written or oral presentation with
respect to the arrangement of the Private Equity and/or Credit and Debt
Facilities, nor other communication or documentation delivered, nor any
reference to the Advisors or to any individuals assigned by the Advisors to this
engagement, without the prior written consent of the Advisors.

INDEMNIFICATION

         If either party to this Agreement brings an action based on this
Agreement, the prevailing party shall be entitled to recover reasonable expenses
thereof, including, but not limited to, attorneys' fees, expenses and court
costs.
         In addition, the Company agrees to indemnify and hold harmless the
Advisors and Advisors' affiliates, counsel and other professional Advisors, the
respective directors, officers, agents and employees of each of the foregoing or
any of their affiliates (individually, an "INDEMNIFIED PARTY" and collectively,
the "INDEMNIFIED PARTIES"), from and against, all losses, claims, damages,
expenses or liabilities resulting from, relating to, or arising out of action
taken or omitted to be taken (i) by the Company or (ii) by the Advisors in good
faith pursuant to the terms of, or in connection with, services rendered
pursuant to this Agreement or any of the transactions covered thereby. In
addition, the Company agrees to reimburse each Indemnified Party for all
reasonable out-of-pocket and direct expenses (including reasonable fees and
expenses of counsel) as they are incurred by such Indemnified Party in
connection with investigating, preparing or defending any such action or claim,
whether or not in connection with litigation in which any Indemnified Party is
named party.
         Notwithstanding the foregoing, the Company shall not be liable to an
Indemnified Party in respect to any loss, claim, damage, liability or expense to
the extent the same is determined, in a final judgment by a court of competent
jurisdiction, to have resulted primarily and directly from the gross material
negligence or willful misconduct of that Indemnified Party.
         In the event of the assertion against any Indemnified Party of any
claim or the commencement of any action or proceeding, the Company shall be
entitled to participate in such action or proceeding, and in the investigation
of such claim, and after written notice from the party indemnifying, to assume
the investigation or defense of such claim, action or proceeding with counsel of
its choice at its expense; provided however, that such counsel shall be
reasonably satisfactory to that Indemnified Party. Notwithstanding the party
indemnifying's election to assume the defense or investigation of such claim,
action or proceeding, any Indemnified Party shall have the right to employ
separate counsel (and local counsel, if necessary) and to participate in the
defense or investigation of such claim, action or proceeding, and the party
indemnifying shall advance and bear the expense (including reasonable fees and
disbursements) of such separate counsel. In the event that the party
indemnifying shall have assumed the defense or investigation of any claim,
action or proceeding, the party indemnifying may not settle any such claim,
action or proceeding without the written consent of any Indemnified Party named
as defendant therein.
         If for any reason the foregoing indemnification is unavailable to an
Indemnified Party or is insufficient to hold it harmless as contemplated herein
then the Company shall contribute to the amount paid or payable by the
Indemnified Party as result of such loss, claim, liability or expense in such
proportion as it appropriate to reflect not only the relative benefits received
by the Company and the Indemnified Party, as the case may be, but also the
relative fault of the indemnifying party and their affiliates and any
Indemnified Party, as the case may be, as well as any other relevant equitable
considerations, subject to the limitation that in any event the aggregate
contribution of all Indemnified Parties to all losses, claims, liabilities,
damages and expenses shall not exceed the amount of fees actually received by
the Advisors pursuant to this Agreement. It is hereby further agreed that the
relative benefits to the Company on the one hand and the Advisors on the other
hand with respect to any transaction or proposed transaction contemplated by
this Agreement shall be deemed to be in the same proportion as (i) the total
value of the transaction to (ii) the fee paid to the Advisors with respect to
such transaction.

Initial_______                    Page 5 of 5                    Initial_______
<PAGE>

                                  CLIENT NAME
                                  CONFIDENTIAL

          No Indemnified party shall have any liability to the Company or any
other person in connection with the services rendered pursuant to this
Agreement, except for the liability for losses, claims, damages or liabilities
finally judicially determined to have resulted solely from such Indemnified
Party's gross material negligence or willful misconduct. The indemnity,
contribution and expense reimbursement obligations set forth herein shall be in
addition to any liability the indemnifying party may have to an Indemnified
Party at common law or otherwise, and shall survive the expiration of the term
of this Agreement.
          If any personnel of an Indemnified Party appears as a witness, are
deposed or are otherwise involved in the defense of any action against any
Indemnified Party, the Company will reimburse such Indemnified Party for all
reasonable out-of-pocket and direct expenses (including the reasonable fees and
expenses of counsel for such Indemnified Party) incurred by it by reason of any
of its personnel being involved in any such action and will compensate the
Indemnified Party for time spent, by its employees preparing for and testifying
as witnesses in any deposition or proceeding at the Advisors' customary daily
rates.
         CUSTOMER COMPLAINS SHOULD BE DIRECTED TO THE ATTENTION OF CHARLES J.
MOORE, CHIEF COMPLIANCE OFFICE, CRUCIBLE CAPITAL GROUP, INC., 27 WHITEHALL
STREET, 5TH FLOOR, NEW YORK, NY 10004. MR. MOORE CAN BE REACHED DIRECTLY AT
(212) 785-2815. COMPLAINTS MAY ALSO BE FORWARDED TO MR. MOORE BY FACSIMILE AT
(212) 785-3175, OR BY ELECTRONIC MAIL AT chuckm@cruciblecapitalnyc.com.

GOVERNING LAW

         This Agreement shall be governed by and construed in accordance with
the internal substantive laws, and not the choice of law rules, of the State of
New York. Any claims, causes of action or disputes arising under this Agreement
shall be adjudicated in a court of competent jurisdiction located in the State
of New York in the county of New York. New York laws will apply to any such
disputes.

SURVIVAL

          The fee, expense reimbursement and indemnification obligations of the
Company contained herein shall be in addition to any liability the Company may
otherwise have to the Advisors, and shall survive the termination of the
Agreement.

COMPANY OR CORPORATE OBLIGATION

         The obligations of the Company and the Advisors are solely company or
corporate obligations, and no officer, director, employee, agent, member or
controlling person shall be subject to any personal liability whatsoever, nor
will any such claim be asserted by or on behalf of the Company or the Advisors
or any person relying on the written or verbal conclusions of the Company or the
Advisors.

SUBSEQUENT TRANSACTIONS

         If at any time within one (1) year from any of the Closings, the
Company considers retaining an investment banker, arrangement agent or other
similar agent in connection with any related or unrelated investment banking or
financing services for the Company, the Company will afford the Advisors the
right of first refusal to be its investment banker, arrangement agent or other
similar agent for such services.

NOTICE

Notice given pursuant to any of the provisions of this Agreement shall be in
writing and shall be mailed or delivered to (a) Declan French, CEO, ThinkPath
Inc., 16 Four Seasons Place, Suite 215, Toronto, Ontario M9B 6E, and (b)
Crucible Capital Group, Inc., 27 Whitehall St., 5th Floor, New York, NY 10004
Attention: Charles J. Moore.

Initial_______                    Page 6 of 6                    Initial_______
<PAGE>

                                  CLIENT NAME
                                  CONFIDENTIAL

SOLE AND ENTIRE AGREEMENT; BINDING EFFECT

          This Agreement is the sole and entire Agreement between the parties
pertaining to its subject matter and supersedes all prior agreements,
representations and understandings of the parties. No modification of this
Agreement shall be binding unless agreed to in writing by the Advisors and the
Company. This Agreement shall be binding on and shall inure to the benefit of
the successors and assigns of the parties hereto.

         Kindly indicate your assent to the terms and conditions of our
understanding by signing this Agreement, whereupon this Agreement shall
constitute a binding contract between the Company and the Advisors. Please
return one copy of this Agreement (the other copy of which is for your files)
and your payment of $ 12,000. representing the first payment of the Retainer
Fee, to the Advisors made payable to ANGELIC HOLDINGS, LLC. OF $ 6,000. AND
CRUCIBLE CAPITAL INC. OF $ 6,000.

 Very truly yours,

CRUCIBLE CAPITAL GROUP, INC.
ANGELIC HOLDINGS, LLC

By /S/ ROBERT VAUGHAN
---------------------
    Robert Vaughan
     President

The foregoing has been read, understood and approved, and the undersigned does
hereby agree to retain Crucible Capital Group, Inc. upon the terms and
conditions contained herein. By execution hereof, the undersigned represents
full power and authority to bind the Company to the terms and conditions hereof.

Agreed and accepted this 2nd day of October, 2007:

By:  /s/ DECLAN FRENCH
   --------------------------------------------------
      Declan French
      CEO

Initial_______                    Page 7 of 7                    Initial_______
<PAGE>

                                  CLIENT NAME
                                  CONFIDENTIAL

                         PRIVACY PLEDGE AND NOTIFICATION

Crucible Capital Group, Inc. respects your right to privacy. We have always been
committed to secure the confidentiality and integrity of your personal
information. We are proud of our privacy practices and want our current and
prospective customers to understand what information we collect and how we use
it.

WHY WE COLLECT YOUR INFORMATION:
We gather information about you and your accounts so that we can (i) know who
you are and thereby prevent unauthorized access to your information, (ii) design
and improve the products and services we offer, and (iii) comply with the laws
and regulations that govern us.

WHAT INFORMATION WE COLLECT:
We may collect the following types of `nonpublic personal information' about
you: o Information about your identity, such as your name, address and social
security number; o Information about your transactions with us; o Information we
receive from you on applications, such as your financial or employment status.

WHAT SOURCES WE OBTAIN YOUR INFORMATION:
We collect nonpublic personal information about Crucible Capital Group, Inc.'
clients such as you from the following sources: o Information we receive from
you on applications or other forms; and o Information about your transactions
with us, or others.

WHAT INFORMATION WE DISCLOSE:
We do not disclose any nonpublic personal information about our customers or
former customers to anyone, except as permitted by law. Moreover, we will not
release information about our customers or former customers unless one of the
following conditions is met:
o        We receive your prior written consent;
o We believe the recipient to be you or your authorized representative; o We are
required by law to release information to the recipient.

We only use information about you and your accounts to help us better serve your
investment needs, or to suggest services or educational materials that may be of
interest to you.

CONFIDENTIALITY AND SECURITY:
We maintain physical, electronic and procedural safeguards to guard your
personal account information. We also restrict access to your personal and
financial data to authorized Crucible Capital Group, Inc.' associates who have a
need for these records. We require all nonaffiliated organizations to conform to
our privacy standards and are contractually obligated to keep the information
provided confidential and used as requested. Furthermore, we will continue to
adhere to the privacy policies and practices described in this notice even after
your account is closed or becomes inactive.

We will continue to conduct our business in a manner that conforms with our
pledge to you, your expectations and all applicable laws.

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<PAGE>

                                  CLIENT NAME
                                  CONFIDENTIAL

                 BUSINESS CONTINUITY PLAN - DISCLOSURE STATEMENT

Crucible Capital Group, Inc. has developed a Business Continuity Plan defining
how we will respond to events that significantly disrupt our business. Because
the timing and impact of disasters and disruptions are unpredictable, we will
have to be flexible in responding to actual events as they occur. With that in
mind, we are providing you with the following information.

CONTACTING US - If after a significant business disruption you are unable to
contact us at (212) 785-2815 or through our business email addresses, you should
call our alternate physical location located at Charles Moore's home by call his
cell phone (732) 881-4268.

OUR BUSINESS CONTINUITY PLAN - After a significant business disruption, we plan
to quickly recover and resume business operations by safeguarding our employees
and property, making a financial and operational assessment, protecting the
firm's books and records, and allowing our customers to transact business. In
short, our business continuity plan is designed to permit our firm to resume
operations as quickly as possible, given the scope and severity of the
disruption.

Our Business Continuity Plan addresses data backup and recovery; all mission
critical systems; financial and operational assessments; alternative
communications with customers, employees, and regulators; alternate physical
location of employees; critical supplier, contractor, bank, and counter-party
impact; and regulatory reporting if we are unable to continue our business.

VARYING DISRUPTIONS - Significant business disruptions can vary in their scope;
for example, affecting only our firm, the building housing our firm, the
business district in which our firm is located, the city in which we are
located, or the whole region. Within each of these areas, the severity of the
disruption can also vary. In a disruption to our firm alone or to the building
housing our firm, we will transfer our operations to a local site when needed
and expect to recover and resume business within 24 to 48 hours. In a disruption
affecting our business district, city, or region, we will transfer our
operations to a site outside of the affected area and will recover and resume
business within 5 - 7 business days. In either situation, we plan to continue
our business and notify you through telephone, facsimile, mail or e-mail,
regarding how to contact us.

FOR MORE INFORMATION - If you have questions about our Business Continuity Plan,
please contact Charles J. Moore at (212) 785-2815.

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