Document:

Promissory Note (M0413793-2).DOC

PROMISSORY NOTE

THIS NOTE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS OF ANY STATE AND MAY NOT BE SOLD, TRANSFERRED, OR OTHERWISE DISPOSED OF EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER SUCH ACT AND APPLICABLE STATE SECURITIES LAWS OR PURSUANT TO AN APPLICABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF SUCH ACT AND LAWS.

		
	U.S. $12,000

	Boca Raton, Florida

	 
	February 3, 2012

FOR VALUE RECEIVED, on the date referenced above (“Effective Date”) PMX Communities, Inc., a Nevada corporation having a place of business at 7777 Glades Road, Boca Raton, Florida, 33434 (“Maker”) hereby promises to pay to the order of Mark R. Connell, an individual with an address at 1100 Lee Wagener Boulevard, Suite 101, Ft. Lauderdale, FL 33315 (“Payee”) (the Maker and Payee may be individually referred to herein as a “Party” and collectively, as “Parties”), the principal sum of Twelve Thousand and 00/100 Dollars ($12,000) (“Amount”) in accordance with the terms and conditions of this promissory note (the “Note”).  All payments referenced herein shall be made payable to Payee at 1100 Lee Wagener Boulevard, Suite 101, Ft. Lauderdale, FL 33315. 

1.

Payment of Amount.

(a)

Amount and Term.  A lump sum payment shall be made on this Note on May 1, 2012 (“Term”) and interest on the Amount shall accrue during the Term at Eight Percent (8%) Per Annum.  

 (b)

Prepayment.  The Maker may prepay this Note in whole at any time, or in part from time to time, without penalty or premium.  If at any time after the Effective Date and prior to the end of the Term, Maker’s assets or a majority of its stock are sold, it merges with any party or Maker raises any investment funds (each a “Material Event”), the entire Amount of the Note then due shall accelerate and be immediately due to Payee upon the closing of the Material Event and shall be a condition precedent to the closing on the Material Event.

 

2.

Form of Payment; Payments Due on Non-Business Days.  Any payment to be made hereunder shall be payable in lawful money of the United States of America to Payee to such domestic account as Payee may designate, in same day funds. If any payment of the Amount on this Note shall become due on a Saturday, Sunday or legal holiday under the laws of the State of Florida, such payment shall be made on the next succeeding business day.

3.

Default.

(a)

Event of Default.  An “Event of Default” hereunder shall mean the occurrence of any of the following described events:

(i)

Any payment of the Amount or a portion thereof, as applicable, is not paid when due hereunder;

(ii)

An involuntary case under any applicable bankruptcy, insolvency or other similar law now or hereinafter in effect shall be commenced against the Maker and petition shall not be dismissed, stayed, bonded or discharged within five (5) days after commencement of the case; or a court having jurisdiction in the premises shall enter a decree or order for relief in respect of the Maker in an involuntary case under any applicable bankruptcy, insolvency or other similar law now or hereinafter in effect, or any other similar relief shall be granted under any applicable federal, state, local or foreign law;

(iii)

A decree or order of a court having jurisdiction in the premises for the appointment of a receiver, liquidator, sequestrator, trustee, custodian or other officer having similar powers over the Maker or any substantial part of the property of the Maker shall be entered; or an interim receiver, trustee or other custodian of the Maker or over all or any substantial part of the property of the Maker shall be appointed or a warrant of attachment, execution or similar process against any substantial part of the property of the Maker shall be issued and any such event shall not be stayed, dismissed, bonded or discharged within five (5) days after entry, appointment or issuance;

(iv)

The Maker shall (A) commence a voluntary case under any applicable bankruptcy, insolvency or other similar law now or hereafter in effect, (B) consent to the entry of an order for relief in an involuntary case, or to the conversion of an involuntary case to a voluntary case, under any such law, (C) consent to the appointment of or taking possession by a receiver, trustee or other custodian for all or a substantial part of its property, (D) make any assignment for the benefit of creditors or (E) take any action to authorize any of the foregoing; 

(v)

Any breach or default by the Maker of any term or condition set forth in this Note;

(vi)

the entry of a judgment against Maker; 

(vii)

failure on the part of Maker, after demand, to furnish financial information or to permit inspection of any books or records; or

(viii)

failure on the part of Maker, after demand, to furnish financial information or to permit inspection of any books or records relating to the Maker and its subsidiaries, affiliates and parent, if any.

In the Event of Default, Payee shall be responsible for a payment of twelve percent (12%) per annum interest to Maker on the then amount due and owing of the Amount.

(b)

Rights and Remedies on Default.  All Amounts and accrued Interest under this Note will become immediately due and payable upon Maker’s receipt of written notice of acceleration from Payee.  Payee shall also be entitled to recover the costs or collection and enforcement of this Note including, without limitation, reasonable attorneys’ fees and costs.

The Maker of this Note authorizes any attorney at law to appear in any court of record of the State of Florida or any State in the United States at any time after this Note becomes due, whether by acceleration or otherwise, and to waive the issuance and service of process and confess a judgment in favor of the Payee against Maker, for the amount of principal then appearing due upon this Note, together with costs of suit, and to release all errors and waive all right of appeal.  

WARNING – BY SIGNING THIS NOTE MAKER HEREBY GIVES UP ITS RIGHT TO NOTICE AND COURT TRIAL.  IF MAKER DOES NOT PAY THE NOTE BEFORE THE DUE DATE, A COURT JUDGMENT MAY BE TAKEN AGAINST MAKER WITHOUT MAKER’S PRIOR KNOWLEDGE AND THE POWERS OF A COURT MAY BE USED TO COLLECT FROM MAKER REGARDLESS OF ANY CLAIMS MAKER MAY HAVE AGAINST HOLDER, WHETHER FOR RETURNED GOODS, FAULTY GOODS, FAILURE ON HOLDER’S PART TO COMPLY WITH THE AGREEMENT, OR ANY OTHER CAUSE.

By signing this Note, Maker hereby gives up its right to notice and court trial.  If Maker does not pay the Note on or before the due date, a court judgment may be taken against Maker without Maker’s prior knowledge and the powers of a court may be used to collect from Maker regardless of any claims Maker may have against Payee, whether for returned goods, faulty goods or any other cause.  

2.

Notice. All notices and other communications provided for hereunder shall, unless otherwise stated herein, be in writing (including facsimile communications) and be mailed or delivered by a commercial delivery service, as to each Party hereto, at its address set forth in the preamble of this Note or at such other address as shall be designated by such Party in a written notice to the Parties hereto. All such notices and communications shall be effective, in the case of notice by mail, on the earlier of the date of receipt or three (3) business days after being deposited in the mails, and in the case of delivery by a commercial delivery service, when delivered, in each case addressed as aforesaid.

3.

Successors and Assigns. Whenever in this Note reference is made to Payee or the Maker, such reference shall be deemed to include, as applicable, a reference to their respective successors and assigns. The provisions of this Note shall be binding upon and inure to the benefit of said successors and assigns. The Maker may not delegate or otherwise transfer its obligations hereunder to any other person or entity. 

4.

Governing Law/Submission to Jurisdiction.  This Note is being delivered and is intended to be performed in the State of Florida, and shall be construed and enforced in accordance with the internal substantive laws thereof, without regard to the conflict of laws rules thereof.   Maker and Payee irrevocably and unconditionally, (a) agree that any suit, action, or other legal proceeding arising out of or relating to this Note shall be brought, solely and exclusively in a court of record of the State of Florida in Palm Beach County; (b) consent to the jurisdiction of such court in any such suit, action or proceeding; and (c) waive any objection which it or they may have to the laying of venue of any such suit, action, or proceeding in any of such courts including, without limitation, the defense of forum non-conveniens.

5.

Amendment and Waiver.  Except as otherwise provided herein, no amendment, modification, termination or waiver hereof shall be effective unless the same shall be in writing, signed by Payee and consented to in writing by the Maker, and then only in the specific instance and for the specific purpose for which given.  Neither the failure nor any delay in exercising any right, power or privilege under this Note will operate as a waiver of such right, power or privilege and not single or partial exercise of any such right, power or privilege by Payee will preclude any other or further exercise of such right, power or privilege.

6.

Attorneys’ Fees.  In the event a dispute arising out of this Note is litigated, the non-prevailing Party shall pay all costs of collection, including reasonable attorneys' fees and legal expenses of the prevailing Party at all pre-trial, trial and appellate levels.

7.

Time is of the Essence.  Time is of the essence for the performance by the Maker of the obligations set forth in this Note.

8.

Severability.  If any provision of this Note is held invalid or unenforceable by a court of competent jurisdiction, the other provisions of this Note will remain in full force and effect. Any provision of this Note held invalid or unenforceable only in part or degree will remain in full force and effect.

9.

Interpretation.  The Parties hereto have participated jointly in the negotiations and drafting of this Note. In the event an ambiguity or question of intent or interpretation arises, this Note shall be construed as if drafted jointly by the Parties hereto and no presumption or burden of proof shall arise favoring or disfavoring any Party by virtue of the authorship of any provisions of this Note.

“MAKER”

PMX Communities, Inc.

By:_______________________________

     Michael C. Hiler

Chairman of the Board and Chief Financial OfficerExhibit 10.1

Amendment
No. 1 to Securities Purchase AGREEMENT

 

This Amendment
No. 1, dated as of February 9, 2012 (this “Amendment”) amends that certain SECURITIES PURCHASE AGREEMENT,
dated as of June 2, 2011 (as amended hereby, the “Securities Purchase Agreement”), by and among THE AMACORE
GROUP, INC. (the “Company”), VICIS CAPITAL MASTER FUND (the “Purchaser”), and each of the
undersigned Guarantors (each a “Guarantor” and collectively, the “Guarantors”).

 

RECITALS

 

WHEREAS, Company and
Purchaser entered into the Securities Purchase Agreement pursuant to which Purchaser agreed to acquire up to $2,500,000 in principal
amount of the Company’s 15% Senior Secured Convertible Notes due June 30, 2012 (each an “Acquired Note”
and collectively, the “Acquired Notes”), which are convertible into shares of the Company’s Class A Common
Stock (the “Common Stock”), par value $.001 per share (the “Conversion Shares” and, together
with the Acquired Notes, the “Securities”); and

 

WHEREAS, contemporaneous
with the consummation of the transactions contemplated by the Securities Purchase Agreement, the Company and the Purchaser entered
into that certain Amended and Restated Security Agreement, dated as of June 2, 2011, by and between the Company and the Purchaser
(as amended, restated, supplemented or otherwise modified from time to time, the “Amended and Restated Security
Agreement”);

 

WHEREAS, contemporaneous
with the consummation of the transactions contemplated by the Securities Purchase Agreement, the Guarantors and the Purchaser entered
into that certain Amended and Restated Guaranty Agreement, dated as of June 2, 2011, by and among each such Guarantor and the Purchaser
(as amended, restated, supplemented or otherwise modified from time to time, the “Amended and Restated Guaranty
Agreement”);

 

WHEREAS, contemporaneous
with the consummation of the transactions contemplated by the Securities Purchase Agreement, the Guarantors and the Purchaser entered
into that certain Amended and Restated Guarantor Security Agreement, dated as of June 2, 2011, by and between each Guarantor and
the Purchaser (as amended, restated, supplemented or otherwise modified from time to time, the “Amended and Restated
Guarantor Security Agreement”);

 

WHEREAS, contemporaneous
with the consummation of the transactions contemplated by the Securities Purchase Agreement, the Company and the Purchaser entered
into that certain Registration Rights Agreement, dated as of June 2, 2011 (the “Registration Rights Agreement”),
pursuant to which the Company granted the Purchaser certain registration rights;

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WHEREAS, the Company
and Purchaser wish to amend the Securities Purchase Agreement to permit the Company to sell to Purchaser, upon the terms and conditions
stated in this Amendment, one or more additional Acquired Notes in the aggregate principal amount of up to $1,500,000 (the “Additional
Acquired Notes” and such principal amount, the “Additional Purchase Price”); and

 

WHEREAS, capitalized
terms not defined herein shall have the meaning as set forth in the Securities Purchase Agreement.

 

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

 

1.AMENDMENT
OF SECURITIES PURCHASE AGREEMENT.

 

1.1The following recital is added as the second
recital of the Securities Purchase Agreement:

 

“WHEREAS,
pursuant to the terms and conditions of this Agreement, the Company wishes to issue and sell to Purchaser up to an additional $1,500,000
in principal amount of its 15% Senior Secured Convertible Notes due June 30, 2012, in the form attached hereto as Exhibit A
(each, an “Additional Acquired Note” and each of which shall be considered an “Acquired Note” hereunder),
which are convertible into shares of the Company’s Common Stock, par value $.001 per share (which shares of Common Stock
shall be considered “Conversion Shares” hereunder, and together with the additional Acquired Notes, shall be considered
“Securities” hereunder).”

 

1.2Section 1.1 of the
Securities Purchase Agreement is hereby amended by adding the following clause (a):

 

“(a)Subject
to the terms and conditions hereof and in reliance on the representations and warranties contained herein or made pursuant hereto,
the Company will issue and sell to the Purchaser, and the Purchaser will purchase from the Company at the closing of the transactions
contemplated hereby (each of which shall be deemed to be a “Closing” for all purposes hereunder), the Additional Acquired
Notes; provided that such additional Acquired Notes shall not have an aggregate principal amount that exceeds $1,500,000 (the “Additional
Purchase Price”). The “Additional Purchase Price” shall be considered a part of the Purchase Price for all purposes
hereunder.”

    	2

    	 

    

1.3Section 1.3 of the
Securities Purchase Agreement is hereby deleted in its entirety and replaced with the following:

 

“1.3Initial
Closing. On the date of Amendment No. 1 to this Securities Purchase Agreement, the Company shall deliver to the Purchaser an
Acquired Note in the principal amount of $500,000 and the Purchaser shall deliver to the Company an amount equal to $500,000 (the
“Initial Closing Payment”) via wire transfer of immediately available funds in accordance with the instructions provided
by the Company.”

 

1.4Section 1.4 of the
Securities Purchase Agreement is hereby amended by adding the following clause (e):

 

“(e) As
soon as reasonably practicable after the date of Amendment No. 1 to this Securities Purchase Agreement but in no event later than
the fifth business day thereafter, the Purchaser shall deposit an additional Escrow Amount equal to $1,000,000 into the Escrow
Account until such time as funds may be released pursuant to the terms of this Agreement and the Escrow Agreement, as amended.”

 

2.CONDITIONS
TO CLOSING.

 

2.1The Company’s obligations to sell
the Securities at each Closing is subject to the fulfillment to its satisfaction on or prior to the Closing Date of the conditions
set forth in Article V of the Securities Purchase Agreement, and, with respect to the initial Closing only, the Company shall have
received the Initial Closing Payment.

 

2.2The obligation of the Purchaser to purchase
the Securities at each Closing is subject to the fulfillment to its satisfaction on or prior to such Closing Date of each of the
following conditions, each of which may be waived by the Purchaser:

 

(a)Each condition set forth in Article IV
of the Securities Purchase Agreement (provided, however, the Purchaser hereby waives the conditions set forth in Section 4.4, Section
4.5 and Section 4.7, or acknowledges that such conditions have been previously satisfied);

 

(b)The Company shall have executed and delivered
the following agreements and documents as of the date hereof:

 

(i)the Second Amendment to Escrow
Agreement in the form of Exhibit A attached hereto;

 

(ii)the Second Amendment to Stock
Pledge and Escrow Agreement in the form of Exhibit B attached hereto;

 

(iii)a certificate of an officer
of the Company, dated such Closing Date, certifying (i) the fulfillment of the conditions specified in Section 2.2(b)(i) of
this Amendment, (ii) the Board resolutions approving this Agreement and the transactions contemplated hereby, (iii) the articles
of incorporation and bylaws of the Company; (iv) the names of each officer and director of the Company as of such Closing Date;
and (v) such other matters as the Purchaser shall reasonably request; and

    	3

    	 

    

(iv)an Additional Acquired Note in
the principal amount of $500,000.

 

3.APPLICABILITY
OF REPRESENTATIONS AND WARRANTIES AND COVENANTS. The Purchaser hereby agrees and affirms that each representation and warranty
made in Article III of the Securities Purchase Agreement is true and correct as of the date hereof. The Company hereby agrees and
affirms that each representation and warranty made in Article II of the Securities Purchase Agreement is true and correct as of
the date hereof, except as set forth on Schedule 1 attached hereto and disclosures made on Schedule 1 shall be deemed
to be exceptions to the representations and warranties in Article II of the Securities Purchase Agreement. The Company hereby covenants
that each of the covenants contained in Articles VII and VIII of the Agreement shall be renewed as of the date hereof and shall
apply to the Additional Acquired Notes, as applicable.

 

4.SECURED
NATURE OF OBLIGATIONS; REGISTRATION RIGHTS. The Company hereby agrees and confirms that all obligations under the Additional
Acquired Notes and under this Amendment shall constitute additional “Obligations” under the Amended and Restated Security
Agreement. The Company hereby agrees and confirms that all shares of Common Stock underlying the Additional Acquired Notes constitute
additional “Registrable Securities” under the Registration Rights Agreement. Each Guarantor hereby agrees and confirms
that all obligations under the Additional Acquired Notes and under this Amendment shall constitute additional “Obligations”
under the Amended and Restated Guaranty Agreement and the Amended and Restated Guarantor Security Agreement.

 

5.WAIVER
OF ANTI-DILUTION RIGHTS. Purchaser acknowledges and agrees that the Additional Notes constitute “Senior Notes”
under that certain Waiver of Anti-Dilution Rights by and between Purchase and the Company dated as of June 2, 2011.

 

6.MISCELLANEOUS.
The Securities Purchase Agreement shall be deemed amended to the extent set forth in this Amendment. The Securities Purchase Agreement,
as amended by the Amendment, shall constitute one agreement. All other terms and provisions shall remain in full force and effect
and shall apply with respect to this Amendment and the Securities issued hereunder. If there is any inconsistency with the terms
of the Securities Purchase Agreement and the Amendment, the terms of the Amendment shall govern over the Agreement. This Amendment
is intended to be a final expression of the parties’ agreement to amend the Agreement and is intended to be a complete and
exclusive statement of their agreement and understanding with respect to such amendment. This Amendment may be executed in accordance
with Section 10.13 of the Securities Purchase Agreement.

 

[The remainder of the page is intentionally
left blank]

    	4

    	 

    

IN WITNESS WHEREOF,
the Purchaser, the Company, and each Guarantor have caused this Amendment to be duly executed as of the date first written above.

 

		
	 	COMPANY:
	 	 
	 	THE AMACORE GROUP, INC.

    

    By: /s/ Jay Shaffer          

            Name: Jay Shafer

            Title: CEO
	 

 

 

 

	 	
        PURCHASER:

         

	 	
        VICIS CAPITAL MASTER FUND

         

        By: Vicis Capital, LLC, its investment
        advisor

         

 

        By: /s/ Keith
W. Hughes          
        Name: Keith
W. Hughes

       Title:  Chief Financial Officer

	
         

         

         

        

            

    	5

    	 

    

 

 

 

	GUARANTORS:

	 
	
        AMACORE DIRECT MARKETING, INC.

        

        

         

        By: /s/ Jay Shafer     

               Name: Jay Shafer

               Title: CEO
	
        US HEALTH BENEFITS GROUP, INC.

        

        

         

        By : /s/ Jay Shafer     

               Name: Jay Shafer

               Title:
        CEO

	 	 
	
        LIFEGUARD BENEFIT SERVICES, INC.

        

        

         

        By: /s/ Jay Shafer     

               Name: Jay Shafer

               Title: CEO
	
        US HEALTHCARE PLANS, INC.

        

        

         

        By: /s/ Jay Shafer     

               Name: Jay Shafer

               Title: CEO

         

	 	 
	
        JRM BENEFITS CONSULTANTS, LLC

        

        

         

        By: /s/ Jay Shafer     

               Name: Jay Shafer

               Title: CEO
	
        ON THE PHONE, INC.

        

        

         

        By: /s/ Jay Shafer     

               Name: Jay Shafer

               Title: CEO

         

	 	 
	
        TELEPROTECT 800, LLC

        

        

         

        By: /s/ Jay Shafer     

               Name: Jay Shafer

               Title: CEO

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