Document:

AMENDMENT
TO PLEDGE AND SECURITY AGREEMENT

 

This
Amendment to the Pledge and Security Agreement (this “Amendment”) is made as of this 7th day of
September, 2018 by and among Quest Solution, Inc., a Delaware corporation (“Quest Solution”), Quest Marketing,
Inc., an Oregon corporation (“Quest Marketing”), and Quest Exchange Ltd., a Canadian corporation (“Quest
Exchange” and, together with Quest Solution and Quest Marketing, the “Debtors” and individually,
a “Debtor”), and ScanSource, Inc., a South Carolina corporation and/or its subsidiaries and affiliates (collectively,
“Secured Party”), and, in consideration of the mutual covenants herein contained and benefits to be derived
herefrom.

 

WITNESSETH:

 

WHEREAS,
Secured Party and/or its subsidiaries and affiliates have, from time to time, extended trade and other credit to Debtors; and

 

WHEREAS,
the Debtors and Secured Party have entered into that certain Pledge and Security Agreement dated as of July l, 2016 (the “Pledge
and Security Agreement”), pursuant to which each Debtor has granted security interests in and liens on the Collateral (as
defined in the Pledge and Security Agreement) to Secured Party to secure the Obligations (as defined in the Pledge and Security
Agreement); and

 

WHEREAS,
Secured Party has previously released each of Bar Code Specialties, Inc., and Quest Solution Canada Inc., from its respective
obligations under the Pledge and Security Agreement; and

 

WHEREAS,
pursuant to a Collateral Agency Agreement, Secured Party and/or its subsidiaries and affiliates, have appointed Secured Party
as Collateral Agent for such secured parties with respect to the Collateral and Secured Party has accepted such appointment; and

 

WHEREAS,
Secured Party and the Debtors desire to amend the Pledge and Security Agreement as described herein;

 

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

 

1.
Definitions. All capitalized terms used herein and not otherwise defined shall have the same meaning herein as in the Pledge
and Security Agreement, as applicable.

 

2.
Amendment to Pledge and Security Agreement. The Pledge and Security Agreement is hereby amended by amending and restating
the following sections:

 

    	 

    	 

    

 

(a)
Section 9 (i) of the Pledge and Security Agreement is hereby amended and restated in its entirety to read as follows:

 

“i.
Tangible Net Worth. At all times, Debtors shall maintain a Tangible Net Worth of not less than negative Twenty-Two Million
and 00/ I 00 Dollars ($22,000,000.00)”

 

(b)
Section 9 (ii) of the Pledge and Security Agreement is hereby amended and restated in its entirety to read as follows:

 

“ii.
Total Liabilities. Debtors shall not create, incur, assume or suffer to exist or otherwise become liable in respect of
any Liabilities in excess of Thirty-Three Million and 00/100 Dollars ($33,000,000.00) in the aggregate. As used herein, “Liabilities”
means any and all obligations to pay an amount in money, goods, or services to any internal or external party, as reflected in
the Debtor’s balance sheet, prepared on a consolidated and consolidating basis, in reasonable detail, including, without
limitation, any and all liabilities (contingent or otherwise) and in conformity with GAAP.”

 

3.
Reaffirmation of Security Interest. As security for the payment or performance, as the case may be, in full of the Obligations,
each Debtor hereby bargains, assigns, mortgages, pledges, hypothecates and transfers to the Collateral Agent, including without
limitation its successors and assigns, and hereby grants to the Collateral Agent, its successors and assigns, in each case for
the benefit of itself and its subsidiaries, a lien on and security interest in, all of Debtor’s right, title and interest
in the Collateral on the terms and conditions set forth in the Pledge and Security Agreement, as amended hereby.

 

4.
Miscellaneous.

 

(a)
This Amendment may be executed in several counterparts and by each party on a separate counterpart, each of which when so executed
and delivered shall be an original, and all of which together shall constitute one instrument.

 

(b)
This Amendment expresses the entire understanding of the parties with respect to the transactions contemplated hereby. No prior
negotiations or discussions shall limit, modify, or otherwise affect the provisions hereof.

 

(c)
Any determination that any provision of this Amendment or any application hereof is invalid, illegal or unenforceable in any respect
and in any instance shall not affect the validity, legality, or enforceability of such provision in any other instance, or the
validity, legality or enforceability of any other provisions of this Amendment.

 

(d)
Each Debtor warrants and represents that it has consulted with independent legal counsel of its selection in connection with this
Amendment and is not relying on any representations or warranties of Secured Party or its counsel in entering into this Amendment.

 

(e)
THIS AMENDMENT SHALL BE GOVERNED BY, AND SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.

 

[SIGNATURE
PAGE FOLLOWS]

 

    	 

    	 

    

 

IN
WITNESS WHEREOF, each of the undersigned has caused this Amendment to be duly executed and delivered by its proper and duly authorized
officer as of the date set forth above.

 

	 	DEBTOR:
	 	 	 
	 	QUEST
                                         SOLUTION, INC.

	 	 	 
	 	By:	 /s/ Shai Shalom Lustgarten
	 	Name:	Shai
    Shalom Lus tga
	 	Title:	Chief
    Executive Officer
	 	 	 
	 	DEBTOR:
	 	 	 
	 	QUEST
    MARKETING, INC.
	 	 	 
	 	By:	 /s/ Shai Shalom Lustgarten
	 	Name:	

Shai
Shalom Lustgarten

	 	Title:	Chief
    Executive Officer
	 	 	 
	 	DEBTOR:
	 	 	 
	 	QUEST
    EXCHANGE LTD.
	 	 	 
	 	By:	 /s/ Shai Shalom Lustgarten
	 	Name:	Shai
    Shalom Lustgarten
	 	Title:	Chief
    Executive Officer
	 	 	 
	 	SECURED
    PARTY:
	 	 
	 	 SCANSOURCE, INC., as Collateral Agent 
	 	 	 
	 	By:	 /s/ Cleveland McBeth
	 	Name:	Cleveland
    McBeth, Jr.
	 	Title:	Vice
    President, Worldwide Reseller Financial ServicesPREPAYMENT
AGREEMENT

 

THIS PREPAYMENT AGREEMENT
(this “Agreement”), dated as of September 13, JQ1. is made by and among Quest Solution, Inc., Quest Marketing,
Inc., Quest Exchange Ltd. (collectively, “Quest”) and ScanSource, Inc., a South Carolina corporation, on behalf
of itself and its subsidiaries and affiliates (collectively, “ScanSource”), and, in consideration of the mutual
covenants herein contained and benefits to be derived herefrom.

 

RECITALS

 

A.
ScanSource has, from time to time, extended trade and other credit to Quest;

 

B.
Quest and ScanSource have entered into that certain Restated Trade Credit Extension Letter dated as of July 1, 2016 (together
with any amendments thereto, the “Trade Credit Extension Letter”); and

 

C.
Quest has requested that ScanSource continue to extend trade and other credit to Quest pursuant to the Trade Credit Extension
Letter, Transaction Documents (as defined in the US Promissory Note dated as of July 1, 2016, as amended), and this Agreement,
subject to the terms and conditions of the Trade Credit Extension Letter, US Promissory Note, and this Agreement.

 

NOW,
THEREFORE, in consideration of the promises and further valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties hereto agree as follows:

 

1.
Defined Terms. Capitalized terms used but not otherwise defined herein have the respective meanings given to them in
the Trade Credit Extension Letter.

 

2.
Acknowledgement and Incorporation by Reference of Recitals. Quest acknowledges and agrees that the Recitals set forth
herein are true and correct statements of fact, are incorporated herein, and form a substantive part of this Agreement.

 

3.
Agreement Regarding Prepayment. On or before September 28, 2018, Quest shall prepay the obligations evidenced by the
US Promissory Note in an amount equal to the greater of (i) One Million Five Hundred Thousand and 00/100 Dollars ($1,500,000.00),
and (ii) an amount equal to 50% of the increase of any commitments to advance funds in favor of Quest under any existing or future
revolving credit facilities or factoring facilities above Five Million and 00/100 Dollars ($5,000,000.00). Any such prepayment
shall be applied to the outstanding principal amount of the US Promissory Note and shall reduce the amount of each principal installment
due hereunder in the inverse order of maturity. Quest shall not incur indebtedness in excess of Eight Million and 00/100 Dollars
($8,000,000.00) under or in connection with any existing or future revolving credit facilities or factoring facilities.

 

4. Representations
and Warranties. To induce ScanSource to enter into this Agreement, Quest hereby represents and warrants to ScanSource
that (a) the execution, delivery and performance of this Agreement have been authorized by all requisite corporate or limited
liability company action (as applicable) on the part of Quest and will not violate the certificate of incorporation or
formation (as applicable), bylaws or limited liability company agreement (as applicable) or other applicable organization
or governing documents of Quest; (b) this Agreement constitutes the legal, valid and binding obligation of Quest, enforceable
against Quest in accordance with its terms except as such enforceability may be limited by any applicable bankruptcy,
insolvency, reorganization, moratorium or similar laws affecting creditors’ rights generally and by general equitable
principles (whether enforcement is sought by proceedings in equity or at law); (c) the representations and warranties
contained in the Trade Credit Extension Letter are true and correct in all material respects on and as of the date hereof as
though made on and as of such date, except to the extent that such representations and warranties relate to an earlier date
in which case such representations and warranties shall have been true and correct in all material respects on and as of such
earlier date; and (d) no Default or Event of Default under the Trade Credit Extension Letter or any related document has
occurred and is continuing.

 

    	 

    	 

    

 

5.
Release of Claims. Quest acknowledges and agrees that (i) ScanSource has at all times acted in good faith with respect
to the Trade Credit Extension Letter and any other matter, (ii) ScanSource has not exercised any control over the business affairs
of Quest, and (iii) Quest has no claims against ScanSource, whether for actions taken or not taken. To the extent that Quest may
have any such claim, defense, setoff or counterclaim or any other recoupments, Quest releases and forever discharges each of ScanSource
and its present and former affiliates and subsidiaries, predecessors in interest, present and former officers, agents, directors,
attorneys and employees, and the respective heirs, executors, successors and assigns of all of the foregoing, whether past, present
or future (collectively with ScanSource, the “ScanSource Affiliates”) of and from any and all manner of action
and actions, cause and causes of action, suits, rights, debts, torts, controversies, damages, judgments, executions, recoupments,
claims and demands whatsoever, asserted or unasserted, in law or in equity which, against any ScanSource Affiliate, Quest ever
had or now has by reason of any matter, cause, causes or thing whatsoever, including, without limitation, any presently existing
claim, recoupment, or defense, whether or not presently suspected, contemplated or anticipated.

 

6.
GOVERNING LAW. THIS AGREEMENT SHALL BE GOVERNED BY, AND SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH, THE LAWS
OF THE STATE OF NEW YORK.

 

7.
No Third Party Beneficiaries. Other than ScanSource’s subsidiaries and affiliates, there shall be no third party
beneficiaries to this Agreement.

 

8.
Transaction Document. This Agreement is a “Transaction Document” as such term is defined in the US Promissory
Note.

 

9.
Counterparts. This Agreement may be executed in any number of counterparts and by facsimile or PDF, each of which when
so executed shall be deemed to be an original and all of which taken together shall constitute one and the same agreement.

 

[Signature
Page Follows]

 

    	 	2	 

    	 

    

 

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

 

	 	QUEST SOLUTION, INC.
	 	 	 
	 	By
:	/s/ Shai Shalom Lustgarten
	 	Name:	Shai Shalom Lustgarten
	 	Title:	Chief Executive Officer
	 	 	 
	 	QUEST MARKETING, INC.
	 	 	 
	 	By
:	/s/ Shai Shalom Lustgarten
	 	Name:	Shai Shalom Lustgarten
	 	Title:	Chief Executive Officer
	 	 	 
	 	QUEST EXCHANGE LTD.
	 	 	 
	 	By
:	/s/ Shai Shalom Lustgarten
	 	Name:	Shai Shalom Lustgarten
	 	Title:	Chief Executive Officer
	 	 	 
	 	SCANSOURCE, INC.
	 	 	 
	 	By:	/s/ Cleveland McBeth
	 	Name:	Cleveland McBeth, Jr.
	 	Title:	Vice President, Worldwide Reseller Financial Services

 

[Prepayment
Agreement]

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