Document:

Exhibit 10.2 Board of Directors Resolutions

Exhibit 10.2

HPC POS SYSTEM, CORP.

6409 Lake Meadow Drive

Burke, VA 22015

UNANIMOUS CONSENT OF DIRECTORS OF HPC POS SYSTEM, CORP. IN LIEU OF A MEETING OF THE BOARD OF DIRECTORS OF HPC POS SYSTEM, CORP. (A NEVADA CORPORATION)

Pursuant to the Authority granted to directors to take action by unanimous consent without a meeting pursuant to Nevada General Corporation Law 78.315 (pursuant to the Articles of Incorporation) of HPC POS System, Corp. (“HPC”) the Board of Directors (“Directors”) of HPC, a Nevada corporation (the “Company”), do hereby consent to adopt, ratify, confirm and approve, as of the date indicated below, the following recitals and resolutions, as evidenced by their signature hereunder:

WHEREAS, the Directors have been presented with the proposal to authorize the issuance of 5,000,000 shares of common stock of the Company in exchange for relief of debt owed by the Company in the amount of five thousand ($5,000) Dollars represented by a Fifty Thousand ($50,000) Dollar Promissory Note (the “Promissory Note”) dated May 1, 2009;

WHEREAS, the Directors shall specifically authorize the issuance of 5,000,000 shares of common stock of the Dale S. Pearlman;

WHEREAS, the Directors believe it is in the best interest of the Company to authorize the issuance of the common stock to Dale S. Pearlman  in exchange for relief of the debt represented by the Promissory Note as set forth herein;

NOW, BE IT RESOLVED, that it is hereby authorized and approved to issue 5,000,000 shares of common stock of the Dale S. Perlman. in exchange for partial relief of the debt represented by the Promissory Note.

GENERAL RESOLUTIONS

RESOLVED, that the officers of the Company are hereby authorized and instructed to take whatever steps necessary to effectuate the above described resolutions.

FURTHER RESOLVED,  that the Promissory Note shall be restated and amended to show that a payment in the amount of $5,000 on the Promissory Note has been satisfied by the Company.

IN WITNESS WHEREOF, the undersigned have set forth their hands in their capacity as of this 13th day of March, 2012.

	
	 

	 

	/s/ Melvin W. Coles

	MELVIN W. COLES, DIRECTOR

	 

	 

	/s/ Bonnie Coles

	BONNIE COLES, DIRECTOR

	 

	 

	/s/ Deborah Colley

	DEBORAH COLLEY, DIRECTORExhibit 10.3 Debt Purchase Agreement

Exhibit 10.3

DEBT PURCHASE AGREEMENT

This Debt Purchase Agreement (“Debt Purchase Agreement”) is made and entered into effective as of March 13, 2012 by and among Gary B. Wolff (“GBW”), Dale S. Pearlman. and HPC POS System, Corp. (“HPC ”).

WHEREAS, the parties to this Debt Purchase Agreement desire to modify that a certain promissory note dated May 1, 2009 (the “Promissory Note”) executed between GBW and HPC by selling, assigning, transferring and conveying the rights and interests to partial payment of the Promissory Note in the amount of fifty thousand ($50,000) dollars since reduced to $10,600 from GBW to Dale S Pearlman.

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

1.

Transfer and Assignment. As permitted by HPC, GBW hereby sells, assigns, tranfers, and conveys unto Dale S Pearlman its rights and interests to receive payments in the amount of $5,000 under the Promissory Note.  The remaining rights and interests in the balance of the Debt, if any, will remain with GBW.

2.

Consideration. Consideration to be paid to GBW shall be a total of $5,000

3.

Agreement to be bound. HPC POS agrees to be bound by all the terms and conditions applicable to GBW under the Debt.

4.

Entire Agreement. This Debt Purchase Agreement embodies the entire agreement between GBW and Dale S. Pearlman and supersedes any prior agreements, whether written or oral with respect to the subject matter thereof.

5.

Successors. This Debt Purchase Agreement shall be binding upon and shall inure to the benefit of each of the parties to this Debt Purchase Agreement and each of their respective successors and assigns.

6.

Counterparts. This Debt Purchase Agreement may be executed in any number of counterparts, each of which shall be deemed to be an original as against any party whose signature appears thereon and all of which together shall constitute one instrument.

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

			
	 
	 

	Gary B. Wolff, P.C.

	 

	/s/ Gary B. Wolff

	 

	Name: Gary B. Wolff

	Its: President and Sole Owner

	Reliance Capital Group Corp.

	 

	/s/ Dale S. Pearlman

	 

	By: Dale S. Pearlman

ACCEPTED, ACKNOWLEDGED AND APPROVED

	

HPC POS System, Corp.

	 

	/s/ Melvin W. Coles

	 

	Name: Melvin W. Coles

	Its: PresidentExhibit 10.1 Debt Purchase Agreement

Exhibit 10.1

HPC POS SYSTEM, CORP.

CONVERTIBLE PROMISSORY NOTE

THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933. THEY MAY NOT BE SOLD, OFFERED FOR SALE, TRANSFERRED, PLEDGED OR HYPOTHECATED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT WITH RESPECT TO SUCH SECURITIES UNDER SUCH ACT OR AN OPINION OF COUNSEL SATISFACTORY TO THE COMPANY THAT SUCH REGISTRATION IS NOT REQUIRED OR UNLESS SUCH SECURITIES ARE SOLD PURSUANT TO RULE 144 OF SUCH ACT.

			
	 
	 
	 

	$50,000

	May 1, 2009

	New York, New York

FOR VALUE RECEIVED, HPC POS System Corp, a Nevada corporation (“Maker”), promises to pay to the order of Gary B. Wolff (“Holder”), the aggregate principal amount of Fifty Thousand ($50,000) Dollars plus interest (the “Aggregate Loan Amount”), at 2% interest annually.  Payment shall be made by Maker to Holder at the offices of Holder, located at 488 Madison Avenue, New York 10022, or to such other office as Holder may, from time to time, designate in writing to Maker.

The Aggregate Loan Amount shall be due and payable as follows:

		
	 
	 

	Payment Amount

	Due Date

	50,000

	May 8, 2009

Payment shall be made in lawful tender of the United States and may be made at any time without penalty or premium.

The unpaid balance under this Note (or any portion thereof) shall be convertible at the option of Holder into shares of Maker’s Common Stock at any time prior to the earlier of repayment in full of this Note or the Maturity Date, upon Maker’s receipt of written notice by Holder.  The price per share of Maker’s Common Stock into which such unpaid balance may be converted shall be $.001.

In the event Holder institutes an action to collect this Note, Maker will pay all costs and expenses, including reasonable attorneys’ fees, incurred in connection with such action. Maker hereby waives notice of default, presentment or demand for payment, protest or notice of nonpayment or dishonor and all other notices or demands relative to this instrument.

In the event a court of competent jurisdiction holds any provision of this Note to be invalid or unenforceable, such holding shall not affect any other provision of this Note and all such other provisions shall remain in full force and effect.

This Note shall be construed in accordance with the laws of the State of New York, without regard to the conflicts of law provisions of the State of Nevada or of any other state.

IN WITNESS WHEREOF, Maker has caused this Convertible Promissory Note to be issued as of the date first above written.

HPC POS System Corp.

By: /s/ Mordechai Guttman             

Mordechai Guttman, President

*In accordance with 8-Ks filed November 10, 2009, November 25, 2009, May 4, 2011, November 30, 2011 and March 15, 2012 this Note was decreased from $50,000 to $5,600.Exhibit 10.2 Board of Directors Resolutions

Exhibit 10.2

HPC POS SYSTEM, CORP.

6409 Lake Meadow Drive

Burke, VA 22015

UNANIMOUS CONSENT OF DIRECTORS OF HPC POS SYSTEM, CORP. IN LIEU OF A MEETING OF THE BOARD OF DIRECTORS OF HPC POS SYSTEM, CORP. (A NEVADA CORPORATION)

Pursuant to the Authority granted to directors to take action by unanimous consent without a meeting pursuant to Nevada General Corporation Law 78.315 (pursuant to the Articles of Incorporation) of HPC POS System, Corp. (“HPC”) the Board of Directors (“Directors”) of HPC, a Nevada corporation (the “Company”), do hereby consent to adopt, ratify, confirm and approve, as of the date indicated below, the following recitals and resolutions, as evidenced by their signature hereunder:

WHEREAS, the Directors have been presented with the proposal to authorize the issuance of 5,000,000 shares of common stock of the Company in exchange for relief of debt owed by the Company in the amount of five thousand ($5,000) Dollars represented by a Fifty Thousand ($50,000) Dollar Promissory Note (the “Promissory Note”) dated May 1, 2009;

WHEREAS, the Directors shall specifically authorize the issuance of 5,000,000 shares of common stock of the EAD Consulting Inc.;

WHEREAS, the Directors believe it is in the best interest of the Company to authorize the issuance of the common stock to EAD Consulting Inc. in exchange for relief of the debt represented by the Promissory Note as set forth herein;

NOW, BE IT RESOLVED, that it is hereby authorized and approved to issue 5,000,000 shares of common stock of the EAD Consulting Inc. in exchange for partial relief of the debt represented by the Promissory Note.

GENERAL RESOLUTIONS

RESOLVED, that the officers of the Company are hereby authorized and instructed to take whatever steps necessary to effectuate the above described resolutions.

FURTHER RESOLVED,  that the Promissory Note shall be restated and amended to show that a payment in the amount of $5,000 on the Promissory Note has been satisfied by the Company.

IN WITNESS WHEREOF, the undersigned have set forth their hands in their capacity as of this 14th day of March, 2012.

	
	 

	/s/ Melvin W. Coles

	MELVIN W. COLES, DIRECTOR

	 

	 

	/s/ Bonnie Coles

	BONNIE COLES, DIRECTOR

	 

	 

	/s/ Deborah Colley

	DEBORAH COLLEY, DIRECTOR

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