Document:

Exhibit
      10.5

    

    THIS
      SECURITY HAS NOT BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION
      OR
      THE SECURITIES COMMISSION OF ANY STATE IN RELIANCE UPON AN EXEMPTION FROM
      REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES
      ACT"), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN
      EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR PURSUANT TO AN
      AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION
      REQUIREMENTS OF THE SECURITIES ACT AND IN ACCORDANCE WITH APPLICABLE STATE
      SECURITIES LAWS AS EVIDENCED BY A LEGAL OPINION OF COUNSEL TO THE TRANSFEROR
      TO
      SUCH EFFECT, THE SUBSTANCE OF WHICH SHALL BE REASONABLY ACCEPTABLE TO THE
      COMPANY. THIS SECURITY AND MAY BE PLEDGED IN CONNECTION WITH A BONA FIDE MARGIN
      ACCOUNT OR OTHER LOAN SECURED BY SUCH SECURITIES.

    

    Original
      Issue Date: November 30, 2007

    

    $7,250,000

    

    SENIOR
      SECURED NOTE

    DUE
      MAY 30, 2011

    

    THIS
      NOTE
      is one of a series of duly authorized and issued Senior Secured Notes of
Associated
      Third Party Administrators,
      a
      California corporation, having a principal place of business at 1640 South
      Loop
      Road, Alameda, CA 94502 (including UPBS, the “Company”),
      designated as its Senior Secured Note, due May 30, 2011 (the “Note(s)”).

    

    FOR
      VALUE
      RECEIVED, the Company promises to pay to CAMOFI
      Master LDC
      or its
      registered assigns (the “Holder”),
      the
      principal sum of $7,250,000 on May 30, 2011 or such earlier date as the Notes
      are required or permitted to be repaid as provided hereunder (the “Maturity
      Date”),
      and
      to pay interest to the Holder on the aggregate then outstanding principal amount
      of this Note in accordance with the provisions hereof. This Note is subject
      to
      the following additional provisions:

    

    Section
      1. Definitions.
      For the
      purposes hereof, in addition to the terms defined elsewhere in this Note: (a)
      capitalized terms not otherwise defined herein have the meanings given to such
      terms in the Purchase Agreement, and (b) the following terms shall have the
      following meanings:

    

    “Acquisition”
means
      the acquisition of the Company by UBPS pursuant to the Acquisition
      Agreement.

    

    “Additional
      Notes”
means
      additional Notes with the terms hereof given to the Holder in lieu of cash
      interest pursuant to Section 2(a) hereof.

    

    “Alternate
      Consideration”
shall
      have the meaning set forth in Section 5(e)(iii).

    

    “Business
      Day”
means
      any day except Saturday, Sunday and any day which shall be a federal legal
      holiday in the United States or a day on which banking institutions in the
      State
      of New York are authorized or required by law or other government action to
      close.

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    “Capital
      Expenditure”
means,
      with respect to any Person for any period, the sum of the aggregate of all
      expenditures by such Person and its Subsidiaries during such period that in
      accordance with GAAP are or should be included in “property, plant and
      equipment” or in a similar fixed asset account on its balance sheet, whether
      such expenditures are paid in cash or financed and including all Capitalized
      Lease Obligations paid or payable during such period.

    

    “Capitalized
      Lease”
means,
      with respect to any Person, any lease of real or personal property by such
      Person as lessee which is (i) required under GAAP to be capitalized on the
      balance sheet of such Person or (ii) a transaction of a type commonly known
      as a
“synthetic lease” (i.e.,
      a lease
      transaction that is treated as an operating lease for accounting purposes but
      with respect to which payments of rent are intended to be treated as payments
      of
      principal and interest on a loan for Federal income tax purposes).

    

    “Capitalized
      Lease Obligations”
means,
      with respect to any Person, obligations of such Person and its Subsidiaries
      under Capitalized Leases, and, for purposes hereof, the amount of any such
      obligation shall be the capitalized amount thereof determined in accordance
      with
      GAAP.

    

    “Change
      of Control Transaction”
means
      the occurrence of any of (i) an acquisition after the date hereof by an
      individual or legal entity or “group” (as described in Rule 13d-5(b)(1)
      promulgated under the Exchange Act) other than a group including Richard
      Stierwalt of effective control (whether through legal or beneficial ownership
      of
      capital stock of the Company, by contract or otherwise) of in excess of 40%
      of
      the voting securities of the Company, or (ii) a replacement at one time or
      within a three year period of more than one-half of the members of the Company's
      board of directors which is not approved by a majority of those individuals
      who
      are members of the board of directors on the date hereof (or by those
      individuals who are serving as members of the board of directors on any date
      whose nomination to the board of directors was approved by a majority of the
      members of the board of directors who are members on the date hereof), or (iii)
      Richard
      Stierwalt
      shall no
      longer be employed by the Company as Chief Executive Officer on a full time
      basis, or (iv) the execution by the Company of an agreement to which the Company
      is a party or by which it is bound, providing for any of the events set forth
      above in (i) or (ii). 

    

    “Common
      Stock”
means
      the common stock, par value $.00001 per share, of UBPS and stock of any other
      class into which such shares may hereafter have been reclassified or
      changed.

     

    “Consolidated
      EBITDA”
means,
      with respect to any Person for any period, the Consolidated Net Income of such
      Person and its Subsidiaries for such period, plus (i) without duplication,
      the
      sum of the following amounts of such Person, and its Subsidiaries for such
      period and to the extent deducted in determining Consolidated Net Income of
      such
      Person for such period: (A) Consolidated Net Interest Expense, (B) income tax
      expense, (C) depreciation expense, (D) amortization expense, (E) all rental
      expense determined on a consolidated basis in accordance with GAAP, less cash
      rents due under Operating Lease Obligations, minus (ii) the aggregate amount
      of
      cash lease payments paid or payable during such period in respect of the
      Capitalized Leases and all non-cash charges and adjustments required by GAAP
      (e.g. stock compensation expense and fair value adjustments) and minus a one
      time bonus paid to employees of the Company in connection with the Acquisition
      (and paid out of the seller’s consideration therefrom) in an amount not to
      exceed $200,000 in the aggregate ( the “One Time Bonus”).

     

    “Consolidated
      Net Income”
means,
      with respect to any Person for any period, the net income (loss) of such Person
      and its Subsidiaries for such period, determined on a consolidated basis and
      in
      accordance with GAAP, but excluding from the determination of Consolidated
      Net
      Income (without duplication) (a) any extraordinary or non recurring gains or
      losses or gains or losses from Dispositions, (b) restructuring charges, (c)
      any
      tax refunds, net operating losses or other net tax benefits and (d) effects
      of
      discontinued operations.

    
      
        
        

      

      
        2
          of
          16

        
          

        

      

      
        
        

      

    

     

    “Consolidated
      Interest Expense”
means,
      with respect to any Person, for any period, gross interest expense of such
      Person and its Subsidiaries for such period determined on a consolidated basis
      and in accordance with GAAP (excluding the interest component of any Capitalized
      Lease Obligations), less
      interest
      income determined on a consolidated basis and in accordance with GAAP.

    

    “Consolidated
      Total Indebtedness”
means,
      with respect to any Person at any date, all indebtedness on the balance sheet
      of
      such Person, determined on a consolidated basis in accordance with
      GAAP.

     

    “Disposition”
means
      any transaction, or series of related transactions, pursuant to which any Person
      or any of its Subsidiaries sells, assigns, transfers or otherwise disposes
      of
      any property or assets (whether now owned or hereafter acquired) to any other
      Person, in each case, whether or not the consideration therefor consists of
      cash, securities or other assets owned by the acquiring Person.

    

    “Effectiveness
      Date”
shall
      have the meaning given to such term in the Registration Rights Agreement.

    

      “Effectiveness
      Period”
shall
      have the meaning given to such term in the Registration Rights Agreement.

    

    “Escrow
      Agreements”
means
      those certain Escrow Agreements between the Company and ATPA dated as of the
      closing date pursuant to which the Company has placed the Escrow Amount into
      escrow to be released to the stockholders of ATPA upon the satisfaction of
      certain conditions contained therein.

    

    “Escrow
      Amount”
means
      the $3,500,000 placed in escrow by the Company pursuant to the Escrow Agreements
      and in connection with the Acquisition.

    

    “Event
      of Default”
shall
      have the meaning set forth in Section 9.

     

    “Exchange
      Act”
means
      the Securities Exchange Act of 1934, as amended.

     

    “Fixed
      Charge Coverage Ratio”
means,
      with respect to any Person for any period, the ratio of (i) Consolidated EBITDA
      of such Person and its Subsidiaries for such period minus
      Capital
      Expenditures made by such Person and its Subsidiaries during such period to
      (ii)
      the sum of (A) all principal of indebtedness (including any earn-outs from
      acquisitions) of such Person and its Subsidiaries scheduled to be paid or
      prepaid during such period plus
      (B)
      Consolidated Interest Expense of such Person and its Subsidiaries for such
      period paid in cash, plus
      (C)
      income taxes paid or payable by such Person and its Subsidiaries during such
      period.

    

    “Fundamental
      Transaction”
shall
      have the meaning set forth in the Warrant.

    

    “Late
      Fees”
shall
      have the meaning set forth in the second paragraph to this
      Note.

    
      
        
        

      

      
        3
          of
          16

        
          

        

      

      
        
        

      

    

    “Mandatory
      Prepayment Amount”
for
      any
      Notes shall equal the sum of (i) 125% of the principal amount of Notes to be
      prepaid, plus all accrued and unpaid interest thereon, and (ii) all other
      amounts, costs, expenses and liquidated damages due in respect of such
      Notes.

    

    “Monthly
      Redemption”
shall
      mean the redemption of the Note pursuant to Section 6(a) hereof.

    

    “Monthly
      Redemption Amount”
shall
      mean, as to a Monthly Redemption, 1/36th of the original principal amount in
      the
      aggregate.

    

    “Monthly
      Redemption Date”
means
      the 30th
      of each
      month, commencing June 30, 2008 and ending upon the full redemption of this
      Note. 

     

    “Notes”
shall
      mean this Note and any Additional Notes issued hereunder.

     

    “Operating
      Lease Obligations”
means
      all obligations for the payment of rent in cash for any real or personal
      property under leases or agreements to lease, other than Capitalized Lease
      Obligations.

    

    “Original
      Issue Date”
shall
      mean the date of the first issuance of the Notes or Additional Note regardless
      of the number of transfers of any Note or Additional Note and regardless of
      the
      number of instruments which may be issued to evidence such Note or Additional
      Note .

    

    “Permitted
      Indebtedness”
means
      indebtedness satisfactory to the Holders that is unsecured and subordinated
      to
      the Notes and after the incurrence of such indebtedness, on a pro forma basis,
      the Company would be in compliance with the covenants set forth in Section
      8
      hereof, for the most recently completed fiscal quarter.

     

    “Permitted
      Investments”
means
      (i) marketable direct obligations issued or unconditionally guaranteed by the
      United States Government or issued by any agency thereof and backed by the
      full
      faith and credit of the United States, in each case, maturing within six months
      from the date of acquisition thereof; (ii) commercial paper, maturing not more
      than 270 days after the date of issue rated P 1 by Moody's or A 1 by Standard
      & Poor's; (iii) certificates of deposit maturing not more than 270 days
      after the date of issue, issued by commercial banking institutions and money
      market or demand deposit accounts maintained at commercial banking institutions,
      each of which is a member of the Federal Reserve System and has a combined
      capital and surplus and undivided profits of not less than $500,000,000; (iv)
      repurchase agreements having maturities of not more than 90 days from the date
      of acquisition which are entered into with major money center banks included
      in
      the commercial banking institutions described in clause (iii) above and which
      are secured by readily marketable direct obligations of the United States
      Government or any agency thereof, (v) money market accounts maintained with
      mutual funds having assets in excess of $2,500,000,000; and (vi) tax exempt
      securities rated A or higher by Moody's or A+ or higher by Standard &
Poor's. 

    

    “Person”
means
      a
      corporation, an association, a partnership, organization, a business, an
      individual, a government or political subdivision thereof or a governmental
      agency.

    

    “Purchase
      Agreement”
means
      the Securities Purchase Agreement, dated as of November 30, 2007 to which the
      Company and the original Holder are parties, as amended, modified or
      supplemented from time to time in accordance with its terms.

    
      
        
        

      

      
        4
          of
          16

        
          

        

      

      
        
        

      

    

    “Primary
      Contracts”
means
      one or more of the Company’s or UBPS’ contracts with Operating Engineers,
      Southern California Laborers, Sheet Metal National Pension Fund, Automotive
      Industries and Bay Area Painters. 

    

    “Qualified
      Financing”
means
      an equity financing for the account of the Company in which shares of common
      stock, or securities, directly or indirectly, convertible into or exchangeable
      or exercisable for shares of common stock are issued, which financing results
      in
      cumulative aggregate proceeds to the Company of at least
      $15,000,000.

    

    “Registration
      Rights Agreement”
means
      the Registration Rights Agreement, dated as of the date of the Purchase
      Agreement, to which the Company and the original Holders are parties, as
      amended, modified or supplemented from time to time in accordance with its
      terms.

    

    “Registration
      Statement”
means
      a
      registration statement meeting the requirements set forth in the Registration
      Rights Agreement, covering among other things the resale of the Warrant Shares
      and naming the Holder as a “selling stockholder” thereunder.

    

    “Securities
      Act”
means
      the Securities Act of 1933, as amended, and the rules and regulations
      promulgated thereunder.

    

    “Subsidiary”
shall
      have the meaning given to such term in the Purchase Agreement.

    

    “TBOL”
means
      Trust Benefits Online, LLC. 

    

    “Trading
      Day”
means
      a
      day on which the Common Stock is traded on a Trading Market.

    

    “Trading
      Market”
means
      the following markets or exchanges on which the Common Stock is listed or quoted
      for trading on the date in question: the Nasdaq SmallCap Market, the American
      Stock Exchange, the New York Stock Exchange, the Nasdaq National Market or
      the
      OTC Bulletin Board.

    

    “Transaction
      Documents”
shall
      have the meaning set forth in the Purchase Agreement.

    

    “VWAP”
means,
      for any date, the price determined by the first of the following clauses that
      applies: (a) if the Common Stock is then listed or quoted on a Trading Market,
      the daily volume weighted average price of the Common Stock for such date (or
      the nearest preceding date) on the primary Trading Market on which the Common
      Stock is then listed or quoted as reported by Bloomberg Financial L.P. (based
      on
      a Trading Day from 9:30 a.m. EST to 4:02 p.m. Eastern Time) using the VAP
      function; (b) if the Common Stock is not then listed or quoted on the
      Trading Market and if prices for the Common Stock are then reported in the
“Pink
      Sheets” published by the Pink Sheets, LLC (or a similar organization or agency
      succeeding to its functions of reporting prices), the most recent bid price
      per
      share of the Common Stock so reported; or (c) in all other cases, the fair
      market value of a share of Common Stock as determined by a nationally
      recognized-independent appraiser selected in good faith by Holders holding
      a
      majority of the principal amount of Notes then outstanding.

     

    Section
      2. Interest.

     

    a) Payment
      of Interest in Cash.
      The
      Company shall pay interest to the Holder on the aggregate and then outstanding
      principal amount of this Note at the rate 14% per annum, payable quarterly
      in
      arrears beginning on February 1, 2008, and each May 1, August 1, November 1,
      and
      January 1 thereafter and on the Maturity Date (except that, if any such date
      is
      not a Business Day, then such payment shall be due on the next succeeding
      Business Day) and on each Monthly Redemption Date (as to that principal amount
      then being redeemed) (each such date, an “Interest
      Payment Date”),
      in
      cash. Notwithstanding the foregoing, the Company, at its option, shall have
      the
      right to pay up to 2% per annum of Interest in Additional Notes upon 10 Business
      Days notice to the Holder so long as at such time no default or Event of Default
      exists. 

    
      
        
        

      

      
        5
          of
          16

        
          

        

      

      
        
        

      

    

    b) Company’s
      Election to Pay Interest in Additional Notes.
      Subject
      to the terms and conditions herein, the decision whether to pay the 3% Interest
      hereunder in Additional Notes or cash shall be at the discretion of the Company.
      Not less than 10 Business Days prior to each Interest Payment Date, the Company
      shall provide the Holder with written notice of its election to pay such portion
      of the interest hereunder either in cash or Additional Notes (the Company may
      indicate in such notice that the election contained in such notice shall
      continue for later periods until revised). Within 5 Business Days prior to
      an
      Interest Payment Date, the Company’s election (whether specific to an Interest
      Payment Date or continuous) shall be irrevocable as to such Interest Payment
      Date. Subject to the aforementioned conditions, failure to timely provide such
      written notice shall be deemed an election by the Company to pay the interest
      on
      such Interest Payment Date in cash. 

    

    c) Interest
      Calculations.
      Interest shall be calculated on the basis of a 360-day year and shall accrue
      daily commencing on the Original Issue Date until payment in full of the
      principal sum, together with all accrued and unpaid interest and other amounts
      which may become due hereunder, has been made. Interest shall be compounded
      monthly. Interest hereunder will be paid to the Person in whose name this Note
      is registered on the records of the Company regarding registration and transfers
      of Notes (the “Note
      Register”).
      Except as otherwise provided herein, if at any time the Company pays interest
      partially in cash and partially in Additional Notes, then such payment shall
      be
      distributed ratably among the Holders based upon the principal amount of Notes
      held by each Holder. 

     

    d) Late
      Fee.
      All
      overdue accrued and unpaid interest to be paid hereunder shall entail a late
      fee
      at the rate of 18% per annum (or such lower maximum amount of interest permitted
      to be charged under applicable law) (“Late
      Fee”)
      which
      will accrue daily, from the date such interest is due hereunder through and
      including the date of payment. Notwithstanding anything to the contrary
      contained herein, if on any Interest Payment Date the Company has elected to
      pay
      a portion of the interest in Additional Notes and is not able to pay accrued
      interest in the form of Additional Notes because it does not then satisfy the
      conditions for payment in the form of Additional Notes set forth above, then,
      the
      Company shall pay cash.

     

    e) Optional
      Prepayment.
      The
      Company shall have the right to prepay, in cash, all or a portion of the Notes
      at any time after the second anniversary of the Closing Date at 110% of the
      principal amount thereof plus accrued interest to the date of repayment.

    

    f) Mandatory
      Repayment.
      If (i)
      the Company shall be a party to any Change of Control Transaction or Fundamental
      Transaction, (ii) the Company shall agree to sell or dispose any of its assets
      in one or more transactions (whether or not such sale would constitute a Change
      of Control Transaction) and other than a sale or sales of the assets in the
      ordinary course of business aggregating less than $100,000 and other than the
      sale or disposition of the assets of TBOL or (iii) upon a Qualified Financing,
      the Company will be required to offer to repay, in cash, the aggregate principal
      amount of the Notes at 110% of the principal amount thereof plus accrued
      interest to such date of repayment. Additionally, (i) any Escrow Amount not
      paid
      to the stockholders of ATPA (whether by failure to meet certain conditions
      set
      forth in Escrow Agreement or otherwise) and (ii) in the event that any life
      insurance policies owned by the Company are surrendered, the cash value received
      from such policies, in each case shall be offered the Holder as a repayment
      of
      principal at 110% of the principal amount thereof plus accrued interest to
      the
      date of repayment, which the Holder has the sole right to accept or reject.
      Notwithstanding the foregoing, in the event that UBPS has raised equity on
      terms
      satisfactory to the Holder in the gross amount of at least $10.3 million, the
      Company shall not be required to make the offer in respect of clause (ii) of
      the
      immediately preceding sentence upon the surrender of any of the Company’s life
      insurance policies. 

    
      
        
        

      

      
        6
          of
          16

        
          

        

      

      
        
        

      

    

    Section
      3.  Registration
      of Transfers and Exchanges.
      

     

    a) Different
      Denominations.
      This
      Note is exchangeable for an equal aggregate principal amount of Notes of
      different authorized denominations as requested by the Holder surrendering
      the
      same. No service charge will be made for such registration of transfer or
      exchange.

     

    b) Investment
      Representations.
      This
      Note has been issued subject to certain investment representations of the
      original Holder set forth in the Purchase Agreement and may be transferred
      or
      exchanged only in compliance with the Purchase Agreement and applicable federal
      and state securities laws and regulations. 

    

    c) Reliance
      on Note Register.
      Prior
      to due presentment to the Company for transfer of this Note, the Company and
      any
      agent of the Company may treat the Person in whose name this Note is duly
      registered on the Note Register as the owner hereof for the purpose of receiving
      payment as herein provided and for all other purposes, whether or not this
      Note
      is overdue, and neither the Company nor any such agent shall be affected by
      notice to the contrary.

    

    Section
      4. Reserved.

     

    Section
      5. Reserved.

    

    Section
      6. Monthly
      Redemption

     

    a) Monthly
      Redemption.
      Beginning June 30, 2008, on each Monthly Redemption Date the Company shall
      redeem the Holder’s Monthly Redemption Amount plus accrued but unpaid interest,
      the sum of all liquidated damages and any other amounts then owing to such
      Holder in respect of the Note. The Monthly Redemption Amount due on each Monthly
      Redemption Date shall be paid in cash.

    

    b) Redemption
      Procedure.
      The
      payment of cash pursuant to a Monthly Redemption shall be made on the Monthly
      Redemption Date. If any portion of the cash payment for a Monthly Redemption
      shall not be paid by the Company by the respective due date, interest shall
      accrue thereon at the rate of 18% per annum (or the maximum rate permitted
      by
      applicable law, whichever is less) until the payment of the Monthly Redemption
      Amount, plus all amounts owing thereon is paid in full. Alternatively, if any
      portion of the Monthly Redemption Amount remains unpaid after such date, the
      Holders subject to such redemption may elect, by written notice to the Company
      given at any time thereafter, to invalidate ab initio
      such
      redemption, notwithstanding anything herein contained to the
      contrary.

    

    Section
      7. Negative
      Covenants.
      So long
      as any portion of this Note is outstanding, the Company and UBPS will not and
      will not permit any of its Subsidiaries to directly or
      indirectly:

    
      
        
        

      

      
        7
          of
          16

        
          

        

      

      
        
        

      

    

    a) other
      than Permitted Indebtedness, enter into, create, incur, assume or suffer to
      exist any indebtedness or liens of any kind, on or with respect to any of its
      property or assets now owned or hereafter acquired or any interest therein
      or
      any income or profits therefrom that is
      senior
      to, subordinated to or pari passu
      with, in
      any respect, the Company’s obligations under the Notes,
      other
      than the subordinated promissory note on terms approved by the Purchasers issued
      in lieu of funding up to $2.5 million of the Escrow Amount;

     

    b) amend
      its
      articles of incorporation, create or amend any certificate of designations,
      bylaws or other charter documents;

    

    c) repay,
      repurchase or offer to repay, repurchase, make any payment in respect of or
      otherwise acquire any of its Common Stock, Preferred Stock, or other equity
      securities or other subordinated debt, other than to the extent permitted or
      required under the Transaction Documents or as otherwise permitted by the
      Transaction Documents:
      provided, the Company shall be entitled to make payments required under the
      subordinated promissory note referred to in subsection 7 (a) above in accordance
      with its terms;

    

    d) make
      any
      loan, advance, guarantee obligations, offer, other extension of credit or
      capital contributions to, or hold or invest in, or purchase or otherwise acquire
      any shares of the capital stock, bonds, notes, debentures or other securities
      of, or make any other investment in, any other Person, or permit any of its
      Subsidiaries to do any of the foregoing, except for: (i) investments
      existing on the date hereof, as set forth on Disclosure Schedule, but not any
      increase in the amount thereof as set forth in such Disclosure Schedule or
      any
      other modification of the terms thereof; (ii) Permitted Investments; (iii)
      acquisitions on terms satisfactory to the Holders, so long as pro-forma for
      such
      acquisitions the Company and UBPS are in compliance with the provisions of
      Sections 7 and 8 hereof; and (iv) the subordinated promissory note referred
      to
      in subsection 7(a) above;

    

    e) make
      Capital Expenditures in excess of (i) $375,000 for the period commencing on
      the
      closing date and ending on April 30, 2008, (ii) $1,395,000 for the period
      commencing on May 1, 2008 and ending April 30, 2009, and (iii) $1,000,000 for
      the period commencing on May 1, 2009 and ending April 30, 2010 and the period
      beginning on May 1, 2010 and ending on the maturity date;

    

    f) create
      or
      otherwise cause, incur, assume, suffer or permit to exist or become effective
      any consensual encumbrance or restriction of any kind on the ability of any
      Subsidiary (i) to pay dividends or to make any other distribution on any
      shares of capital stock of such Subsidiary owned by the Company (or UBPS) or
      any
      of its Subsidiaries, (ii) to pay or prepay or to subordinate any
      indebtedness owed to the Company (or UBPS) or any of its Subsidiaries,
      (iii) to make loans or advances to the Company (or UBPS) or any of its
      Subsidiaries or (iv) to transfer any of its property or assets to the
      Company (or UBPS) or any of its Subsidiaries, or permit any of its Subsidiaries
      to do any of the foregoing;

    

    g) engage
      in
      any transactions with any officer, director, employee or any affiliate of the
      Company, including any contract, agreement or other arrangement providing for
      the furnishing of services to or by, providing for rental of real or personal
      property to or from, or otherwise requiring payments to or from any officer,
      director or such employee or, to the knowledge of the Company or UBPS, any
      entity in which any officer, director, or any such employee has a substantial
      interest or is an officer, director, trustee or partner, in each case in excess
      of $10,000 other than (i) for payment of salary or consulting fees for services
      rendered pursuant to such person’s employment agreement existing on the date
      hereof, (ii) for other employee benefits pursuant to the Company’s or UBPS’
stock option plan as in existence on the date hereof, (iii) any payments in
      connection with the Acquisition Agreement or any documents executed in
      connection therewith or contemplated thereby, and (iv) issuance of the
      Performance Incentive Shares to the extent that the Company satisfies the
      budgeted performance criteria approved by the Purchasers. Notwithstanding the
      foregoing, all payments of cash or securities in excess of $25,000 to such
      parties in regard to bonuses to such party’s base salary, pursuant to equity
      incentive or stock option plans or in regard to reimbursements of expenses
      or
      fringe benefits shall be subject to the approval of the Purchasers;
      or

    
      
        
        

      

      
        8
          of
          16

        
          

        

      

      
        
        

      

    

    h) create
      or
      acquire any Subsidiary after the date hereof unless (i) such Subsidiary is
      a
      wholly-owned Subsidiary of the Company or
      UBPS
      and (ii)
      such Subsidiary becomes party to the Security Agreement and the Guaranty (either
      by executing a counterpart thereof or an assumption or joinder agreement in
      respect thereof) and, to the extent required by the Purchaser, satisfied each
      condition of this Agreement and the Transaction Documents as if such Subsidiary
      were a Subsidiary on the Closing Date; 

    

    i) enter
      into any agreement with any holder of the Company’s or
      UBPS’
      securities without the prior written consent of the Holder;

    

    j) re-price,
      cancel and reissue or otherwise amend any option or warrant in a manner that
      would have the effect of lowering the exercise price of such option or
      warrant;

    

    k) effectuate
      any forward or reverse stock split: and

    

    l) enter
      into any agreement with respect to any of the foregoing.

    

    Section
      8.
       Other
      Covenants.

    

    a) Within
      sixty days from the Closing Date, the Company will obtain (i) a key man life
      insurance policy on the life of Richard Stierwalt (the “Key Man Policy”) in an
      amount not less than the aggregate principal amount of the Notes, naming the
      Note Holders as beneficiaries and (ii) a director’s and officer’s liability
      policy (the “D&O Policy”) in an amount not less than the aggregate principal
      amount of the Notes.

    

    b) So
      long
      as any principal or interest on the Notes shall remain unpaid, the Company
      (including UBPS) and its Subsidiaries shall not permit the ratio of Consolidated
      Total Indebtedness as of the end of any fiscal quarter to Consolidated EBITDA
      of
      the Company and its Subsidiaries for the four (4) consecutive fiscal quarters
      of
      the Company and its Subsidiaries (the “Leverage
      Ratio”)
      ending
      on such date to be greater than 2.6x.

    

    Provided,
      however, that for the fiscal quarter ended January 31, 2008, the Consolidated
      EBITDA shall be calculated as four-thirds the Consolidated EBITDA for the prior
      three consecutive fiscal quarters.

     

    c) So
      long
      as any principal or interest on the Notes shall remain unpaid, the Company
      and
      its Subsidiaries shall not permit the Fixed Charge Coverage Ratio of the Company
      (including UBPS) and its Subsidiaries for each period of four (4) consecutive
      fiscal quarters of the Company (including UBPS) and its Subsidiaries for which
      the last quarter ends on a date set forth below to be less than the amount
      set
      forth opposite such date: 

    
      
        
        

      

      
        9
          of
          16

        
          

        

      

      
        
        

      

    

    

    
      	
              Fiscal
                Quarter End

            	 	
              Fixed
                Charge Coverage Ratio

            
	
              January
                31, 2008

            	 	
              1.38

            
	
              April
                30, 2008

            	 	
              1.40

            
	
              July
                31, 2008

            	 	
              1.20

            
	
              October
                31, 2008

            	 	
              1.06

            
	
              January
                31, 2009

            	 	
              0.94

            
	
              April
                30, 2009

            	 	
              0.86

            
	
              July
                31, 2009

            	 	
              0.88

            
	
              October
                30, 2009

            	 	
              0.91

            
	
              January
                31, 2010

            	 	
              0.94

            
	
              April
                30, 2010

            	 	
              0.97

            
	
              July
                31, 2010

            	 	
              1.01

            
	
              October
                31, 2010

            	 	
              1.05

            
	
              January
                31, 2010

            	 	
              1.09

            
	
              April
                30, 2010

            	 	
              1.13

            

    

    

    Provided,
      however, that for the fiscal quarter ended January 31, 2008, the Consolidated
      EBITDA shall be calculated as four-thirds the Consolidated EBITDA for the prior
      three consecutive fiscal quarters.

    

    In
      addition, Consolidated Interest Expense for such periods shall be determined
      on
      a pro-forma basis as if the Indebtedness incurred was incurred on the first
      day
      of the period.

    

    d) So
      long
      as any principal or interest on the Notes shall remain unpaid, the Company
      (including UBPS) and its Subsidiaries shall achieve a Consolidated EBITDA for
      the four (4) consecutive fiscal quarters of the Company ending on the date
      set
      forth below equal to or greater than the amount set forth opposite such
      date.

    

    
      	
              Fiscal
                Quarter End

            	 	
              Minimum
                Consolidated EBITDA

            
	
              January
                31, 2008

            	 	
              $3,168,300

            
	
              April
                30, 2008

            	 	
              $3,211,500

            
	
              July
                31, 2008

            	 	
              $3,639,680

            
	
              October
                31, 2008

            	 	
              $4,035,550

            
	
              January
                31, 2009

            	 	
              $4,342,130

            
	
              April
                30, 2009

            	 	
              $4,664,610

            
	
              July
                31, 2009

            	 	
              $4,863,990

            
	
              October
                30, 2009

            	 	
              $5,023,560

            
	
              January
                31, 2010

            	 	
              $5,183,280

            
	
              April
                30, 2010

            	 	
              $5,343,150

            
	
              July
                31, 2010

            	 	
              $5,553,170

            
	
              October
                31, 2010

            	 	
              $5,763,200

            
	
              January
                31, 2011

            	 	
              $5,973,230

            
	
              April
                30, 2011

            	 	
              $6,183,250

            

    

    

    Provided,
      however, that for the fiscal quarter ended January 31, 2008, the Consolidated
      EBITDA shall be calculated as four-thirds the Consolidated EBITDA for the prior
      three consecutive fiscal quarters.

    

    e) Within
      thirty (30) calendar days after the end of each such fiscal quarter, the Company
      shall deliver to Holder’s General Counsel a certificate from its Principal
      Accounting Officer certifying compliance with the ratios set forth in 8(b),
      8(c)
      and 8(d) above (including the calculations evidencing such
      compliance).

     

    
      
        
        

      

      
        10
          of
          16

        
          

        

      

      
        
        

      

    

    f) On
      or
      prior to January 31, 2008, UBPS shall have sold TBOL on terms satisfactory
      to
      the Purchasers, including having retained at least 40% of the equity thereof
      and
      having no further liabilities or further funding obligations
      therewith.

    

    Section
      9. Events
      of Default.
      

    

    a) “Event
      of Default”,
      wherever used herein, means any one of the following events (whatever the reason
      and whether it shall be voluntary or involuntary or effected by operation of
      law
      or pursuant to any judgment, decree or order of any court, or any order, rule
      or
      regulation of any administrative or governmental body):

    

    i. any
      default in the payment of (A) the principal of amount of any Note, or (B)
      interest (including Late Fees) on, or liquidated damages in respect of, any
      Note, in each case free of any claim of subordination, as and when the same
      shall become due and payable (whether on the Maturity Date or by acceleration
      or
      otherwise) which default, solely in the case of an interest payment or other
      default under clause (B) above, is not cured, within 3 Business
      Days;

     

    ii. the
      Company or UBPS shall fail to observe or perform any other covenant or agreement
      contained in this Note or any of the other Transaction Documents which failure
      is not cured, if possible to cure, within the earlier to occur
      of
(A)
      5
Business
      Days
      after notice of such default sent by the Holder or by any other
      Holder
      and (B)
      10 Business
      Days
      after the Company shall become or should have become aware of such
      failure;

    

    iii. a
      default
      or event of default (subject to any grace or cure period provided for in the
      applicable agreement, document or instrument) shall occur under (A) any of
      the
      Transaction Documents other than the Notes, or (B) any other material agreement,
      lease, document or instrument to which the Company, UBPS or any Subsidiary
      is
      bound, which
      default, solely in the case of a default under this clause (B) above, is not
      cured, within 10 Trading Days;

    

    iv. any
      representation or warranty made herein,
      in any
      other Transaction Document, in any written statement pursuant hereto or thereto,
      or in any other report, financial statement or certificate made or delivered
      to
      the Holder or any other holder of Notes shall
      be
      untrue or incorrect in any material respect as of the date when made or deemed
      made;

    

    v. either
      of
      (i) the Key Man Policy (once obtained) or (ii) the D&O Policy shall lapse,
      no longer be in full force and effect or have its face-value
      reduced;

    

    vi. any
      of
      the Company’s Primary Contracts shall be terminated, for any reason and not
      renewed within 60 days of such termination on terms that would be materially
      adverse to the company; 

    

    vii. a
      judgment is rendered in respect of (a) litigation claims against ATPA for acts
      incurred prior to the Closing Date in an amount exceeding the Escrow Amount
      or
      (b) litigation claims against ATPA or UBPS for acts incurred after the Closing
      Date in an amount exceeding $250,000;

    
      
        
        

      

      
        11
          of
          16

        
          

        

      

      
        
        

      

    

    viii. (i)
      the
      Company, UBPS or any of its Subsidiaries shall commence, or there shall be
      commenced against the Company, UBPS or any such Subsidiary, a case under any
      applicable bankruptcy or insolvency laws as now or hereafter in effect or any
      successor thereto, or the Company, UBPS or any Subsidiary commences any other
      proceeding under any reorganization, arrangement, adjustment of debt, relief
      of
      debtors, dissolution, insolvency or liquidation or similar law of any
      jurisdiction whether now or hereafter in effect relating to the Company, UBPS,
      or any Subsidiary thereof or (ii) there is commenced against the Company, UBPS,
      or any Subsidiary thereof any such bankruptcy, insolvency or other proceeding
      which remains undismissed for a period of 60 days; or (iii) the Company, UBPS,
      or any Subsidiary thereof is adjudicated by a court of competent jurisdiction
      insolvent or bankrupt; or any order of relief or other order approving any
      such
      case or proceeding is entered; or (iv) the Company, UBPS, or any Subsidiary
      thereof suffers any appointment of any custodian or the like for it or any
      substantial part of its property which continues undischarged or unstayed for
      a
      period of 60 days; or (v) the Company, UBPS, or any Subsidiary thereof makes
      a
      general assignment for the benefit of creditors; or (vi) the Company shall
      fail
      to pay, or shall state that it is unable to pay, or shall be unable to pay,
      its
      debts generally as they become due; or (vii) the Company, UBPS, or any
      Subsidiary thereof shall call a meeting of its creditors with a view to
      arranging a composition, adjustment or restructuring of its debts; or (viii)
      the
      Company, UBPS, or any Subsidiary thereof shall by any act or failure to act
      expressly indicate its consent to, approval of or acquiescence in any of the
      foregoing; or (ix) any corporate or other action is taken by the Company, UBPS,
      or any Subsidiary thereof for the purpose of effecting any of the
      foregoing;

     

    ix. the
      Company, UBPS, or any Subsidiary shall default in any of its obligations under
      any mortgage, credit agreement or other facility, indenture agreement, factoring
      agreement or other instrument under which there may be issued, or by which
      there
      may be secured or evidenced any indebtedness for borrowed money or money due
      under any long term leasing or factoring arrangement of the Company in an amount
      exceeding $100,000, whether such indebtedness now exists or shall hereafter
      be
      created and such default shall result in such indebtedness becoming or being
      declared due and payable prior to the date on which it would otherwise become
      due and payable; 

    

    x. the
      Company or UBPS shall redeem or repurchase any of its outstanding shares of
      Common Stock or other equity securities of the Company; 

    

    xi. any
      of
      the Security Agreement or the Guarantee shall cease to be in full force and
      effect, and

    

    xii. UBPS
      shall not have raised at least $2.5 million of equity to fund the balance of
      the
      Escrow Amount by December 31, 2008.

    
      
        
        

      

      
        12
          of
          16

        
          

        

      

      
        
        

      

    

    

    b) Remedies
      Upon Event of Default.
      If any
      Event of Default occurs, the full principal amount of this Note, together with
      interest and other amounts owing in respect thereof, to the date of acceleration
      shall become, at the Holder’s election, immediately due and payable in cash. The
      aggregate amount payable upon an Event of Default shall be equal to the
      Mandatory Prepayment Amount. Commencing 5 days after the occurrence of any
      Event
      of Default that results in the eventual acceleration of this Note, the interest
      rate on this Note shall accrue at the rate of 18% per annum, or such lower
      maximum amount of interest permitted to be charged under applicable law. All
      Notes for which the full Mandatory Prepayment Amount hereunder shall have been
      paid in accordance herewith shall promptly be surrendered to or as directed
      by
      the Company. The Holder need not provide and the Company hereby waives any
      presentment, demand, protest or other notice of any kind, and the Holder may
      immediately and without expiration of any grace period enforce any and all
      of
      its rights and remedies hereunder and all other remedies available to it under
      applicable law. Such declaration may be rescinded and annulled by Holder at
      any
      time prior to payment hereunder and the Holder shall have all rights as a Note
      holder until such time, if any, as the full payment under this Section shall
      have been received by it. No such rescission or annulment shall affect any
      subsequent Event of Default or impair any right consequent thereon.

    

    Section
      10. Miscellaneous.
      

    

    a) Notices.
      Any and
      all notices or other communications or deliveries to be provided by the Holders
      hereunder shall be in writing and delivered personally, by facsimile, sent
      by a
      nationally recognized overnight courier service, addressed to the Company,
      at
      the address set forth above, facsimile number
      203-254-0069, Attn: Richard Stierwalt, Chief Executive Officer,
or
      such
      other address or facsimile number as the Company may specify for such purposes
      by notice to the Holders delivered in accordance with this Section. Any and
      all
      notices or other communications or deliveries to be provided by the Company
      hereunder shall be in writing and delivered personally, by facsimile, sent
      by a
      nationally recognized overnight courier service addressed to each Holder at
      the
      facsimile telephone number or address of such Holder appearing on the books
      of
      the Company, or if no such facsimile telephone number or address appears, at
      the
      principal place of business of the Holder. Any notice or other communication
      or
      deliveries hereunder shall be deemed given and effective on the earliest of
      (i)
      the date of transmission, if such notice or communication is delivered via
      facsimile at the facsimile telephone number specified in this Section prior
      to
      5:30 p.m. (New York City time), (ii) the date after the date of transmission,
      if
      such notice or communication is delivered via facsimile at the facsimile
      telephone number specified in this Section later than 5:30 p.m. (New York City
      time) on any date and earlier than 11:59 p.m. (New York City time) on such
      date,
      (iii) the second Business Day following the date of mailing, if sent by
      nationally recognized overnight courier service, or (iv) upon actual receipt
      by
      the party to whom such notice is required to be given.

     

    b) Absolute
      Obligation.
      Except
      as expressly provided herein, no provision of this Note shall alter or impair
      the obligation of the Company, which is absolute and unconditional, to pay
      the
      principal of, interest and liquidated damages (if any) on, this Note at the
      time, place, and rate, and in the coin or currency, herein prescribed. This
      Note
      is a direct debt obligation of the Company. This Note ranks pari passu
      with all
      other Notes now or hereafter issued under the terms set forth
      herein.  

     

    c) Lost
      or Mutilated Note.
      If this
      Note shall be mutilated, lost, stolen or destroyed, the Company shall execute
      and deliver, in exchange and substitution for and upon cancellation of a
      mutilated Note, or in lieu of or in substitution for a lost, stolen or destroyed
      Note, a new Note for the principal amount of this Note so mutilated, lost,
      stolen or destroyed but only upon receipt of evidence of such loss, theft or
      destruction of such Note, and of the ownership hereof, and indemnity, if
      requested, all reasonably satisfactory to the Company.

    
      
        
        

      

      
        13
          of
          16

        
          

        

      

      
        
        

      

    

    d) Security
      Interest.
      This
      Note is a direct debt obligation of the Company and, pursuant to the Security
      Agreement is secured by a first priority perfected security interest in all
      of
      the assets of the Company for the benefit of the Holders. 

    

    e) Governing
      Law.
      All
      questions concerning the construction, validity, enforcement and interpretation
      of this Note shall be governed by and construed and enforced in accordance
      with
      the internal laws of the State of New York, without regard to the principles
      of
      conflicts of law thereof. Each party agrees that all legal proceedings
      concerning the interpretations, enforcement and defense of the transactions
      contemplated by any of the Transaction Documents (whether brought against a
      party hereto or its respective affiliates, directors, officers, shareholders,
      employees or agents) shall be commenced in the state and federal courts sitting
      in the City of New York, Borough of Manhattan (the “New
      York Courts”).
      Each
      party hereto hereby irrevocably submits to the exclusive jurisdiction of the
      New
      York Courts for the adjudication of any dispute hereunder or in connection
      herewith or with any transaction contemplated hereby or discussed herein
      (including with respect to the enforcement of any of the Transaction Documents),
      and hereby irrevocably waives, and agrees not to assert in any suit, action
      or
      proceeding, any claim that it is not personally subject to the jurisdiction
      of
      any such court, or such New York Courts are improper or inconvenient venue
      for
      such proceeding. Each party hereby irrevocably waives personal service of
      process and consents to process being served in any such suit, action or
      proceeding by mailing a copy thereof via registered or certified mail or
      overnight delivery (with evidence of delivery) to such party at the address
      in
      effect for notices to it under this Note and agrees that such service shall
      constitute good and sufficient service of process and notice thereof. Nothing
      contained herein shall be deemed to limit in any way any right to serve process
      in any manner permitted by law. Each party hereto hereby irrevocably waives,
      to
      the fullest extent permitted by applicable law, any and all right to trial
      by
      jury in any legal proceeding arising out of or relating to this Note or the
      transactions contemplated hereby. If either party shall commence an action
      or
      proceeding to enforce any provisions of this Note, then the prevailing party
      in
      such action or proceeding shall be reimbursed by the other party for its
      attorney’s fees and other costs and expenses incurred with the investigation,
      preparation and prosecution of such action or proceeding.

     

    f) Waiver.
      Any
      waiver by the Company or the Holder of a breach of any provision of this Note
      shall not operate as or be construed to be a waiver of any other breach of
      such
      provision or of any breach of any other provision of this Note. The failure
      of
      the Company or the Holder to insist upon strict adherence to any term of this
      Note on one or more occasions shall not be considered a waiver or deprive that
      party of the right thereafter to insist upon strict adherence to that term
      or
      any other term of this Note. Any waiver must be in writing.

     

    g) Severability.
      If any
      provision of this Note is invalid, illegal or unenforceable, the balance of
      this
      Note shall remain in effect, and if any provision is inapplicable to any person
      or circumstance, it shall nevertheless remain applicable to all other persons
      and circumstances. If it shall be found that any interest or other amount deemed
      interest due hereunder violates applicable laws governing usury, the applicable
      rate of interest due hereunder shall automatically be lowered to equal the
      maximum permitted rate of interest. The Company covenants (to the extent that
      it
      may lawfully do so) that it shall not at any time insist upon, plead, or in
      any
      manner whatsoever claim or take the benefit or advantage of, any stay, extension
      or usury law or other law which would prohibit or forgive the Company from
      paying all or any portion of the principal of or interest on this Note as
      contemplated herein, wherever enacted, now or at any time hereafter in force,
      or
      which may affect the covenants or the performance of this indenture, and the
      Company (to the extent it may lawfully do so) hereby expressly waives all
      benefits or advantage of any such law, and covenants that it will not, by resort
      to any such law, hinder, delay or impeded the execution of any power herein
      granted to the Holder, but will suffer and permit the execution of every such
      as
      though no such law has been enacted.

    
      
        
        

      

      
        14

        
          

        

      

      
        
        

      

    

    h) Next
      Business Day.
      Whenever any payment or other obligation hereunder shall be due on a day other
      than a Business Day, such payment shall be made on the next succeeding Business
      Day.

    

    i) Headings.
      The
      headings contained herein are for convenience only, do not constitute a part
      of
      this Note and shall not be deemed to limit or affect any of the provisions
      hereof.

    

    j) Seniority.
      This
      Note is senior in right of payment to any and all other indebtedness of the
      Company.

    

    *********************

    
      
        
        

      

      
        15

        
          

        

      

      
        
        

      

    

    IN
      WITNESS WHEREOF, the Company and UBPS has caused this Note to be duly executed
      by a duly authorized officer as of the date first above indicated.

    

    
      	
              ASSOCIATED
                THIRD PARTY ADMINISTRATORS

            
	 
	
              /s/
                Richard Stierwalt

            
	
              Name:
                Richard Stierwalt

            
	
              Title:
                Chief Executive Officer

            
	 
	
              UNITED
                BENEFITS & PENSION SERVICES, INC.

            
	 
	
              /s/
                Richard Stierwalt

            
	
              Name:
                Richard Stierwalt

            
	
              Title:
                Chief Executive Officer

            

    

    
      
        
        

      

      
        16Exhibit
      10.6

     

    THIS
      SECURITY HAS NOT BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION
      OR
      THE SECURITIES COMMISSION OF ANY STATE IN RELIANCE UPON AN EXEMPTION FROM
      REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES
      ACT"), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN
      EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR PURSUANT TO AN
      AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION
      REQUIREMENTS OF THE SECURITIES ACT AND IN ACCORDANCE WITH APPLICABLE STATE
      SECURITIES LAWS AS EVIDENCED BY A LEGAL OPINION OF COUNSEL TO THE TRANSFEROR
      TO
      SUCH EFFECT, THE SUBSTANCE OF WHICH SHALL BE REASONABLY ACCEPTABLE TO THE
      COMPANY. THIS SECURITY AND MAY BE PLEDGED IN CONNECTION WITH A BONA FIDE MARGIN
      ACCOUNT OR OTHER LOAN SECURED BY SUCH SECURITIES.

    

    Original
      Issue Date: November 30, 2007

    

    $750,000

    

    

    SENIOR
      SECURED NOTE

    DUE
      MAY 30, 2011

    

    THIS
      NOTE
      is one of a series of duly authorized and issued Senior Secured Notes of
Associated
      Third Party Administrators,
      a
      California corporation, having a principal place of business at 1640 South
      Loop
      Road, Alameda, CA 94502 (including UPBS, the “Company”),
      designated as its Senior Secured Note, due May 30, 2011 (the “Note(s)”).

    

    FOR
      VALUE
      RECEIVED, the Company promises to pay to CAMHZN
      Master LDC
      or its
      registered assigns (the “Holder”),
      the
      principal sum of $750,000 on May 30, 2011 or such earlier date as the Notes
      are
      required or permitted to be repaid as provided hereunder (the “Maturity
      Date”),
      and
      to pay interest to the Holder on the aggregate then outstanding principal amount
      of this Note in accordance with the provisions hereof. This Note is subject
      to
      the following additional provisions:

    

    Section
      1. Definitions.
      For the
      purposes hereof, in addition to the terms defined elsewhere in this Note: (a)
      capitalized terms not otherwise defined herein have the meanings given to such
      terms in the Purchase Agreement, and (b) the following terms shall have the
      following meanings:

    

    “Acquisition”
means
      the acquisition of the Company by UBPS pursuant to the Acquisition
      Agreement.

    

    “Additional
      Notes”
means
      additional Notes with the terms hereof given to the Holder in lieu of cash
      interest pursuant to Section 2(a) hereof.

    

    “Alternate
      Consideration”
shall
      have the meaning set forth in Section 5(e)(iii).

    

    “Business
      Day”
means
      any day except Saturday, Sunday and any day which shall be a federal legal
      holiday in the United States or a day on which banking institutions in the
      State
      of New York are authorized or required by law or other government action to
      close.

     

    
      
        
        

      

      
        Page
          1 of
          16

        
          

        

      

      
        
        

      

    

    

    “Capital
      Expenditure”
means,
      with respect to any Person for any period, the sum of the aggregate of all
      expenditures by such Person and its Subsidiaries during such period that in
      accordance with GAAP are or should be included in “property, plant and
      equipment” or in a similar fixed asset account on its balance sheet, whether
      such expenditures are paid in cash or financed and including all Capitalized
      Lease Obligations paid or payable during such period.

    

    “Capitalized
      Lease”
means,
      with respect to any Person, any lease of real or personal property by such
      Person as lessee which is (i) required under GAAP to be capitalized on the
      balance sheet of such Person or (ii) a transaction of a type commonly known
      as a
“synthetic lease” (i.e.,
      a lease
      transaction that is treated as an operating lease for accounting purposes but
      with respect to which payments of rent are intended to be treated as payments
      of
      principal and interest on a loan for Federal income tax purposes).

    

    “Capitalized
      Lease Obligations”
means,
      with respect to any Person, obligations of such Person and its Subsidiaries
      under Capitalized Leases, and, for purposes hereof, the amount of any such
      obligation shall be the capitalized amount thereof determined in accordance
      with
      GAAP.

    

    “Change
      of Control Transaction”
means
      the occurrence of any of (i) an acquisition after the date hereof by an
      individual or legal entity or “group” (as described in Rule 13d-5(b)(1)
      promulgated under the Exchange Act) other than a group including Richard
      Stierwalt of effective control (whether through legal or beneficial ownership
      of
      capital stock of the Company, by contract or otherwise) of in excess of 40%
      of
      the voting securities of the Company, or (ii) a replacement at one time or
      within a three year period of more than one-half of the members of the Company's
      board of directors which is not approved by a majority of those individuals
      who
      are members of the board of directors on the date hereof (or by those
      individuals who are serving as members of the board of directors on any date
      whose nomination to the board of directors was approved by a majority of the
      members of the board of directors who are members on the date hereof), or (iii)
      Richard
      Stierwalt
      shall no
      longer be employed by the Company as Chief Executive Officer on a full time
      basis, or (iv) the execution by the Company of an agreement to which the Company
      is a party or by which it is bound, providing for any of the events set forth
      above in (i) or (ii). 

    

    “Common
      Stock”
means
      the common stock, par value $.00001 per share, of UBPS and stock of any other
      class into which such shares may hereafter have been reclassified or
      changed.

     

    “Consolidated
      EBITDA”
means,
      with respect to any Person for any period, the Consolidated Net Income of such
      Person and its Subsidiaries for such period, plus (i) without duplication,
      the
      sum of the following amounts of such Person, and its Subsidiaries for such
      period and to the extent deducted in determining Consolidated Net Income of
      such
      Person for such period: (A) Consolidated Net Interest Expense, (B) income tax
      expense, (C) depreciation expense, (D) amortization expense, (E) all rental
      expense determined on a consolidated basis in accordance with GAAP, less cash
      rents due under Operating Lease Obligations, minus (ii) the aggregate amount
      of
      cash lease payments paid or payable during such period in respect of the
      Capitalized Leases and all non-cash charges and adjustments required by GAAP
      (e.g. stock compensation expense and fair value adjustments) and minus a one
      time bonus paid to employees of the Company in connection with the Acquisition
      (and paid out of the seller’s consideration therefrom) in an amount not to
      exceed $200,000 in the aggregate ( the “One Time Bonus”).

     

    “Consolidated
      Net Income”
means,
      with respect to any Person for any period, the net income (loss) of such Person
      and its Subsidiaries for such period, determined on a consolidated basis and
      in
      accordance with GAAP, but excluding from the determination of Consolidated
      Net
      Income (without duplication) (a) any extraordinary or non recurring gains or
      losses or gains or losses from Dispositions, (b) restructuring charges, (c)
      any
      tax refunds, net operating losses or other net tax benefits and (d) effects
      of
      discontinued operations.

     

    
      
        
        

      

      
        Page
          2 of
          16

        
          

        

      

      
        
        

      

    

     

    “Consolidated
      Interest Expense”
means,
      with respect to any Person, for any period, gross interest expense of such
      Person and its Subsidiaries for such period determined on a consolidated basis
      and in accordance with GAAP (excluding the interest component of any Capitalized
      Lease Obligations), less
      interest
      income determined on a consolidated basis and in accordance with GAAP.

    

    “Consolidated
      Total Indebtedness”
means,
      with respect to any Person at any date, all indebtedness on the balance sheet
      of
      such Person, determined on a consolidated basis in accordance with
      GAAP.

     

    “Disposition”
means
      any transaction, or series of related transactions, pursuant to which any Person
      or any of its Subsidiaries sells, assigns, transfers or otherwise disposes
      of
      any property or assets (whether now owned or hereafter acquired) to any other
      Person, in each case, whether or not the consideration therefor consists of
      cash, securities or other assets owned by the acquiring Person.

    

    “Effectiveness
      Date”
shall
      have the meaning given to such term in the Registration Rights
      Agreement.

     

    “Effectiveness
      Period”
shall
      have the meaning given to such term in the Registration Rights Agreement.

    

    “Escrow
      Agreements”
means
      those certain Escrow Agreements between the Company and ATPA dated as of the
      closing date pursuant to which the Company has placed the Escrow Amount into
      escrow to be released to the stockholders of ATPA upon the satisfaction of
      certain conditions contained therein.

    

    “Escrow
      Amount”
means
      the $3,500,000 placed in escrow by the Company pursuant to the Escrow Agreements
      and in connection with the Acquisition.

     

    “Event
      of Default”
shall
      have the meaning set forth in Section 9.

      

    “Exchange
      Act”
means
      the Securities Exchange Act of 1934, as amended.

     

    “Fixed
      Charge Coverage Ratio”
means,
      with respect to any Person for any period, the ratio of (i) Consolidated EBITDA
      of such Person and its Subsidiaries for such period minus
      Capital
      Expenditures made by such Person and its Subsidiaries during such period to
      (ii)
      the sum of (A) all principal of indebtedness (including any earn-outs from
      acquisitions) of such Person and its Subsidiaries scheduled to be paid or
      prepaid during such period plus
      (B)
      Consolidated Interest Expense of such Person and its Subsidiaries for such
      period paid in cash, plus
      (C)
      income taxes paid or payable by such Person and its Subsidiaries during such
      period.

     

    “Fundamental
      Transaction”
shall
      have the meaning set forth in the Warrant.

     

    
      
        
        

      

      
        Page
          3 of
          16

        
          

        

      

      
        
        

      

    

     

    “Late
      Fees”
shall
      have the meaning set forth in the second paragraph to this Note.

    

    “Mandatory
      Prepayment Amount”
for
      any
      Notes shall equal the sum of (i) 125% of the principal amount of Notes to be
      prepaid, plus all accrued and unpaid interest thereon, and (ii) all other
      amounts, costs, expenses and liquidated damages due in respect of such
      Notes.

    

    “Monthly
      Redemption”
shall
      mean the redemption of the Note pursuant to Section 6(a) hereof.

    

    “Monthly
      Redemption Amount”
shall
      mean, as to a Monthly Redemption, 1/36th of the original principal amount in
      the
      aggregate.

    

    “Monthly
      Redemption Date”
means
      the 30th
      of each
      month, commencing June 30, 2008 and ending upon the full redemption of this
      Note. 

     

    “Notes”
shall
      mean this Note and any Additional Notes issued hereunder.

     

    “Operating
      Lease Obligations”
means
      all obligations for the payment of rent in cash for any real or personal
      property under leases or agreements to lease, other than Capitalized Lease
      Obligations.

    

    “Original
      Issue Date”
shall
      mean the date of the first issuance of the Notes or Additional Note regardless
      of the number of transfers of any Note or Additional Note and regardless of
      the
      number of instruments which may be issued to evidence such Note or Additional
      Note .

    

    “Permitted
      Indebtedness”
means
      indebtedness satisfactory to the Holders that is unsecured and subordinated
      to
      the Notes and after the incurrence of such indebtedness, on a pro forma basis,
      the Company would be in compliance with the covenants set forth in Section
      8
      hereof, for the most recently completed fiscal quarter.

     

    “Permitted
      Investments”
means
      (i) marketable direct obligations issued or unconditionally guaranteed by the
      United States Government or issued by any agency thereof and backed by the
      full
      faith and credit of the United States, in each case, maturing within six months
      from the date of acquisition thereof; (ii) commercial paper, maturing not more
      than 270 days after the date of issue rated P 1 by Moody's or A 1 by Standard
      & Poor's; (iii) certificates of deposit maturing not more than 270 days
      after the date of issue, issued by commercial banking institutions and money
      market or demand deposit accounts maintained at commercial banking institutions,
      each of which is a member of the Federal Reserve System and has a combined
      capital and surplus and undivided profits of not less than $500,000,000; (iv)
      repurchase agreements having maturities of not more than 90 days from the date
      of acquisition which are entered into with major money center banks included
      in
      the commercial banking institutions described in clause (iii) above and which
      are secured by readily marketable direct obligations of the United States
      Government or any agency thereof, (v) money market accounts maintained with
      mutual funds having assets in excess of $2,500,000,000; and (vi) tax exempt
      securities rated A or higher by Moody's or A+ or higher by Standard &
Poor's. 

    

    “Person”
means
      a
      corporation, an association, a partnership, organization, a business, an
      individual, a government or political subdivision thereof or a governmental
      agency.

     

    
      
        
        

      

      
        Page
          4 of
          16

        
          

        

      

      
        
        

      

    

    

    “Purchase
      Agreement”
means
      the Securities Purchase Agreement, dated as of November 30, 2007 to which the
      Company and the original Holder are parties, as amended, modified or
      supplemented from time to time in accordance with its terms.

    

    “Primary
      Contracts”
means
      one or more of the Company’s or UBPS’ contracts with Operating Engineers,
      Southern California Laborers, Sheet Metal National Pension Fund, Automotive
      Industries and Bay Area Painters. 

    

    “Qualified
      Financing”
means
      an equity financing for the account of the Company in which shares of common
      stock, or securities, directly or indirectly, convertible into or exchangeable
      or exercisable for shares of common stock are issued, which financing results
      in
      cumulative aggregate proceeds to the Company of at least
      $15,000,000.

    

    “Registration
      Rights Agreement”
means
      the Registration Rights Agreement, dated as of the date of the Purchase
      Agreement, to which the Company and the original Holders are parties, as
      amended, modified or supplemented from time to time in accordance with its
      terms.

    

    “Registration
      Statement”
means
      a
      registration statement meeting the requirements set forth in the Registration
      Rights Agreement, covering among other things the resale of the Warrant Shares
      and naming the Holder as a “selling stockholder” thereunder.

    

    “Securities
      Act”
means
      the Securities Act of 1933, as amended, and the rules and regulations
      promulgated thereunder.

    

    “Subsidiary”
shall
      have the meaning given to such term in the Purchase Agreement.

    

    “TBOL”
means
      Trust Benefits Online, LLC. 

    

    “Trading
      Day”
means
      a
      day on which the Common Stock is traded on a Trading Market.

    

    “Trading
      Market”
means
      the following markets or exchanges on which the Common Stock is listed or quoted
      for trading on the date in question: the Nasdaq SmallCap Market, the American
      Stock Exchange, the New York Stock Exchange, the Nasdaq National Market or
      the
      OTC Bulletin Board.

    

    “Transaction
      Documents”
shall
      have the meaning set forth in the Purchase Agreement.

    

    “VWAP”
means,
      for any date, the price determined by the first of the following clauses that
      applies: (a) if the Common Stock is then listed or quoted on a Trading Market,
      the daily volume weighted average price of the Common Stock for such date (or
      the nearest preceding date) on the primary Trading Market on which the Common
      Stock is then listed or quoted as reported by Bloomberg Financial L.P. (based
      on
      a Trading Day from 9:30 a.m. EST to 4:02 p.m. Eastern Time) using the VAP
      function; (b) if the Common Stock is not then listed or quoted on the
      Trading Market and if prices for the Common Stock are then reported in the
“Pink
      Sheets” published by the Pink Sheets, LLC (or a similar organization or agency
      succeeding to its functions of reporting prices), the most recent bid price
      per
      share of the Common Stock so reported; or (c) in all other cases, the fair
      market value of a share of Common Stock as determined by a nationally
      recognized-independent appraiser selected in good faith by Holders holding
      a
      majority of the principal amount of Notes then outstanding.

     

    
      
        
        

      

      
        Page
          5 of
          16

        
          

        

      

      
        
        

      

    

     

    Section
      2. Interest.

     

    a)  Payment
      of Interest in Cash.
      The
      Company shall pay interest to the Holder on the aggregate and then outstanding
      principal amount of this Note at the rate 14% per annum, payable quarterly
      in
      arrears beginning on February 1, 2008, and each May 1, August 1, November 1,
      and
      January 1 thereafter and on the Maturity Date (except that, if any such date
      is
      not a Business Day, then such payment shall be due on the next succeeding
      Business Day) and on each Monthly Redemption Date (as to that principal amount
      then being redeemed) (each such date, an “Interest
      Payment Date”),
      in
      cash. Notwithstanding the foregoing, the Company, at its option, shall have
      the
      right to pay up to 2% per annum of Interest in Additional Notes upon 10 Business
      Days notice to the Holder so long as at such time no default or Event of Default
      exists. 

     

    b)  Company’s
      Election to Pay Interest in Additional Notes.
      Subject
      to the terms and conditions herein, the decision whether to pay the 3% Interest
      hereunder in Additional Notes or cash shall be at the discretion of the Company.
      Not less than 10 Business Days prior to each Interest Payment Date, the Company
      shall provide the Holder with written notice of its election to pay such portion
      of the interest hereunder either in cash or Additional Notes (the Company may
      indicate in such notice that the election contained in such notice shall
      continue for later periods until revised). Within 5 Business Days prior to
      an
      Interest Payment Date, the Company’s election (whether specific to an Interest
      Payment Date or continuous) shall be irrevocable as to such Interest Payment
      Date. Subject to the aforementioned conditions, failure to timely provide such
      written notice shall be deemed an election by the Company to pay the interest
      on
      such Interest Payment Date in cash. 

    

    c)  Interest
      Calculations.
      Interest shall be calculated on the basis of a 360-day year and shall accrue
      daily commencing on the Original Issue Date until payment in full of the
      principal sum, together with all accrued and unpaid interest and other amounts
      which may become due hereunder, has been made. Interest shall be compounded
      monthly. Interest hereunder will be paid to the Person in whose name this Note
      is registered on the records of the Company regarding registration and transfers
      of Notes (the “Note
      Register”).
      Except as otherwise provided herein, if at any time the Company pays interest
      partially in cash and partially in Additional Notes, then such payment shall
      be
      distributed ratably among the Holders based upon the principal amount of Notes
      held by each Holder. 

     

    d)  Late
      Fee.
      All
      overdue accrued and unpaid interest to be paid hereunder shall entail a late
      fee
      at the rate of 18% per annum (or such lower maximum amount of interest permitted
      to be charged under applicable law) (“Late
      Fee”)
      which
      will accrue daily, from the date such interest is due hereunder through and
      including the date of payment. Notwithstanding anything to the contrary
      contained herein, if on any Interest Payment Date the Company has elected to
      pay
      a portion of the interest in Additional Notes and is not able to pay accrued
      interest in the form of Additional Notes because it does not then satisfy the
      conditions for payment in the form of Additional Notes set forth above, then,
      the
      Company shall pay cash.

     

    e)  Optional
      Prepayment.
      The
      Company shall have the right to prepay, in cash, all or a portion of the Notes
      at any time after the second anniversary of the Closing Date at 110% of the
      principal amount thereof plus accrued interest to the date of repayment.

    

    f)  Mandatory
      Repayment.
      If (i)
      the Company shall be a party to any Change of Control Transaction or Fundamental
      Transaction, (ii) the Company shall agree to sell or dispose any of its assets
      in one or more transactions (whether or not such sale would constitute a Change
      of Control Transaction) and other than a sale or sales of the assets in the
      ordinary course of business aggregating less than $100,000 and other than the
      sale or disposition of the assets of TBOL or (iii) upon a Qualified Financing,
      the Company will be required to offer to repay, in cash, the aggregate principal
      amount of the Notes at 110% of the principal amount thereof plus accrued
      interest to such date of repayment. Additionally, (i) any cash Escrow Amount
      not
      paid to the stockholders of ATPA (whether by failure to meet certain conditions
      set forth in Escrow Agreement or otherwise) and (ii) in the event that any
      life
      insurance policies owned by the Company are surrendered, the cash value received
      from such policies, in each case shall be offered the Holder as a repayment
      of
      principal at 110% of the principal amount thereof plus accrued interest to
      the
      date of repayment, which the Holder has the sole right to accept or reject.
      Notwithstanding the foregoing, in the event that UBPS has raised equity on
      terms
      satisfactory to the Holder in the gross amount of at least $10.3 million, the
      Company shall not be required to make the offer in respect of clause (ii) of
      the
      immediately preceding sentence upon the surrender of any of the Company’s life
      insurance policies. 

     

    
      
        
        

      

      
        Page
          6 of
          16

        
          

        

      

      
        
        

      

    

    

    Section
      3.  Registration
      of Transfers and Exchanges.
      

     

    a)  Different
      Denominations.
      This
      Note is exchangeable for an equal aggregate principal amount of Notes of
      different authorized denominations as requested by the Holder surrendering
      the
      same. No service charge will be made for such registration of transfer or
      exchange.

     

    b)  Investment
      Representations.
      This
      Note has been issued subject to certain investment representations of the
      original Holder set forth in the Purchase Agreement and may be transferred
      or
      exchanged only in compliance with the Purchase Agreement and applicable federal
      and state securities laws and regulations. 

    

    c)  Reliance
      on Note Register.
      Prior
      to due presentment to the Company for transfer of this Note, the Company and
      any
      agent of the Company may treat the Person in whose name this Note is duly
      registered on the Note Register as the owner hereof for the purpose of receiving
      payment as herein provided and for all other purposes, whether or not this
      Note
      is overdue, and neither the Company nor any such agent shall be affected by
      notice to the contrary.

    

    Section
      4. Reserved.

     

    Section
      5. Reserved.

     

    Section
      6. Monthly
      Redemption

     

    a)  Monthly
      Redemption.
      Beginning June 30, 2008, on each Monthly Redemption Date the Company shall
      redeem the Holder’s Monthly Redemption Amount plus accrued but unpaid interest,
      the sum of all liquidated damages and any other amounts then owing to such
      Holder in respect of the Note. The Monthly Redemption Amount due on each Monthly
      Redemption Date shall be paid in cash.

    

    b)  Redemption
      Procedure.
      The
      payment of cash pursuant to a Monthly Redemption shall be made on the Monthly
      Redemption Date. If any portion of the cash payment for a Monthly Redemption
      shall not be paid by the Company by the respective due date, interest shall
      accrue thereon at the rate of 18% per annum (or the maximum rate permitted
      by
      applicable law, whichever is less) until the payment of the Monthly Redemption
      Amount, plus all amounts owing thereon is paid in full. Alternatively, if any
      portion of the Monthly Redemption Amount remains unpaid after such date, the
      Holders subject to such redemption may elect, by written notice to the Company
      given at any time thereafter, to invalidate ab initio
      such
      redemption, notwithstanding anything herein contained to the
      contrary.

     

    
      
        
        

      

      
        Page
          7 of
          16

        
          

        

      

      
        
        

      

    

    

    Section
      7. Negative
      Covenants.
      So long
      as any portion of this Note is outstanding, the Company and UBPS will not and
      will not permit any of its Subsidiaries to directly or indirectly:

    

    a)  other
      than Permitted Indebtedness, enter into, create, incur, assume or suffer to
      exist any indebtedness or liens of any kind, on or with respect to any of its
      property or assets now owned or hereafter acquired or any interest therein
      or
      any income or profits therefrom that is
      senior
      to, subordinated to or pari passu
      with, in
      any respect, the Company’s obligations under the Notes,
      other
      than the subordinated promissory note on terms approved by the Purchasers issued
      in lieu of funding up to $2.5 million of the Escrow Amount ;

     

    b)  amend
      its
      articles of incorporation, create or amend any certificate of designations,
      bylaws or other charter documents;

    

    c)  repay,
      repurchase or offer to repay, repurchase, make any payment in respect of or
      otherwise acquire any of its Common Stock, Preferred Stock, or other equity
      securities or other subordinated debt, other than to the extent permitted or
      required under the Transaction Documents or as otherwise permitted by the
      Transaction Documents; provided,
      the Company shall be entitled to make payments required under the subordinated
      promissory note referred to in subsection 7 (a) above in accordance with its
      terms;

    

    d)  make
      any
      loan, advance, guarantee obligations, offer, other extension of credit or
      capital contributions to, or hold or invest in, or purchase or otherwise acquire
      any shares of the capital stock, bonds, notes, debentures or other securities
      of, or make any other investment in, any other Person, or permit any of its
      Subsidiaries to do any of the foregoing, except for: (i) investments
      existing on the date hereof, as set forth on Disclosure Schedule, but not any
      increase in the amount thereof as set forth in such Disclosure Schedule or
      any
      other modification of the terms thereof; (ii) Permitted Investments; (iii)
      acquisitions on terms satisfactory to the Holders, so long as pro-forma for
      such
      acquisitions the Company and UBPS are in compliance with the provisions of
      Sections 7 and 8 hereof; and (iv) the subordinated promissory note referred
      to
      in subsection 7(a) above;

    

    e)  make
      Capital Expenditures in excess of (i) $375,000 for the period commencing on
      the
      closing date and ending on April 30, 2008, (ii) $1,395,000 for the period
      commencing on May 1, 2008 and ending April 30, 2009, and (iii) $1,000,000 for
      the period commencing on May 1, 2009 and ending April 30, 2010 and the period
      beginning on May 1, 2010 and ending on the maturity date;

    

    f)  create
      or
      otherwise cause, incur, assume, suffer or permit to exist or become effective
      any consensual encumbrance or restriction of any kind on the ability of any
      Subsidiary (i) to pay dividends or to make any other distribution on any
      shares of capital stock of such Subsidiary owned by the Company (or UBPS) or
      any
      of its Subsidiaries, (ii) to pay or prepay or to subordinate any
      indebtedness owed to the Company (or UBPS) or any of its Subsidiaries,
      (iii) to make loans or advances to the Company (or UBPS) or any of its
      Subsidiaries or (iv) to transfer any of its property or assets to the
      Company (or UBPS) or any of its Subsidiaries, or permit any of its Subsidiaries
      to do any of the foregoing;

     

    
      
        
        

      

      
        Page
          8 of
          16

        
          

        

      

      
        
        

      

    

    

    g)  engage
      in
      any transactions with any officer, director, employee or any affiliate of the
      Company, including any contract, agreement or other arrangement providing for
      the furnishing of services to or by, providing for rental of real or personal
      property to or from, or otherwise requiring payments to or from any officer,
      director or such employee or, to the knowledge of the Company or UBPS, any
      entity in which any officer, director, or any such employee has a substantial
      interest or is an officer, director, trustee or partner, in each case in excess
      of $10,000 other than (i) for payment of salary or consulting fees for services
      rendered pursuant to such person’s employment agreement existing on the date
      hereof, (ii) for other employee benefits pursuant to the Company’s or UBPS’
stock option plan as in existence on the date hereof, (iii) any payments in
      connection with the Acquisition Agreement or any documents executed in
      connection therewith or contemplated thereby, and (iv) issuance of the
      Performance Incentive Shares to the extent that the Company satisfies the
      budgeted performance criteria approved by the Purchasers. Notwithstanding the
      foregoing, all payments of cash or securities in excess of $25,000 to such
      parties in regard to bonuses to such party’s base salary, pursuant to equity
      incentive or stock option plans or in regard to reimbursements of expenses
      or
      fringe benefits shall be subject to the approval of the Purchasers;
      or

    

    h)  create
      or
      acquire any Subsidiary after the date hereof unless (i) such Subsidiary is
      a
      wholly-owned Subsidiary of the Company or
      UBPS
      and (ii)
      such Subsidiary becomes party to the Security Agreement and the Guaranty (either
      by executing a counterpart thereof or an assumption or joinder agreement in
      respect thereof) and, to the extent required by the Purchaser, satisfied each
      condition of this Agreement and the Transaction Documents as if such Subsidiary
      were a Subsidiary on the Closing Date; 

    

    i)  enter
      into any agreement with any holder of the Company’s or
      UBPS’
      securities without the prior written consent of the Holder;

    

    j)  re-price,
      cancel and reissue or otherwise amend any option or warrant in a manner that
      would have the effect of lowering the exercise price of such option or
      warrant;

    

    k)  effectuate
      any forward or reverse stock split: and

    

    l)  enter
      into any agreement with respect to any of the foregoing.

     

    Section
      8.
       Other
      Covenants.

    

    a)  Within
      sixty days from the Closing Date, the Company will obtain (i) a key man life
      insurance policy on the life of Richard Stierwalt (the “Key Man Policy”) in an
      amount not less than the aggregate principal amount of the Notes, naming the
      Note Holders as beneficiaries and (ii) a director’s and officer’s liability
      policy (the “D&O Policy”) in an amount not less than the aggregate principal
      amount of the Notes.

    

    b)  So
      long
      as any principal or interest on the Notes shall remain unpaid, the Company
      (including UBPS) and its Subsidiaries shall not permit the ratio of Consolidated
      Total Indebtedness as of the end of any fiscal quarter to Consolidated EBITDA
      of
      the Company and its Subsidiaries for the four (4) consecutive fiscal quarters
      of
      the Company and its Subsidiaries (the “Leverage
      Ratio”)
      ending
      on such date to be greater than 2.6x.

     

    
      
        
        

      

      
        Page
          9 of
          16

        
          

        

      

      
        
        

      

    

    

    Provided,
      however, that for the fiscal quarter ended January 31, 2008, the Consolidated
      EBITDA shall be calculated as four-thirds the Consolidated EBITDA for the prior
      three consecutive fiscal quarters.

     

    c)  So
      long
      as any principal or interest on the Notes shall remain unpaid, the Company
      and
      its Subsidiaries shall not permit the Fixed Charge Coverage Ratio of the Company
      (including UBPS) and its Subsidiaries for each period of four (4) consecutive
      fiscal quarters of the Company (including UBPS) and its Subsidiaries for which
      the last quarter ends on a date set forth below to be less than the amount
      set
      forth opposite such date: 

    
 

    
      
        	 	
                Fiscal
                  Quarter End

              	
                Fixed
                  Charge Coverage Ratio

              
	 	
                January
                  31, 2008

              	
                1.38

              
	 	
                April
                  30, 2008

              	
                1.40

              
	 	
                July
                  31, 2008

              	
                1.20

              
	 	
                October
                  31, 2008

              	
                1.06

              
	 	
                January
                  31, 2009

              	
                0.94

              
	 	
                April
                  30, 2009

              	
                0.86

              
	 	
                July
                  31, 2009

              	
                0.88

              
	 	
                October
                  30, 2009

              	
                0.91

              
	 	
                January
                  31, 2010

              	
                0.94

              
	 	
                April
                  30, 2010

              	
                0.97

              
	 	
                July
                  31, 2010

              	
                1.01

              
	 	
                October
                  31, 2010

              	
                1.05

              
	 	
                January
                  31, 2010

              	
                1.09

              
	 	
                April
                  30, 2010

              	
                1.13

              

      

    Provided,
      however, that for the fiscal quarter ended January 31, 2008, the Consolidated
      EBITDA shall be calculated as four-thirds the Consolidated EBITDA for the prior
      three consecutive fiscal quarters.

    

    In
      addition, Consolidated Interest Expense for such periods shall be determined
      on
      a pro-forma basis as if the Indebtedness incurred was incurred on the first
      day
      of the period.

    

    d)    So
      long
      as any principal or interest on the Notes shall remain unpaid, the Company
      (including UBPS) and its Subsidiaries shall achieve a Consolidated EBITDA for
      the four (4) consecutive fiscal quarters of the Company ending on the date
      set
      forth below equal to or greater than the amount set forth opposite such
      date.

     

    
      
        
        

      

      
        Page
          10 of
          16

        
          

        

      

      
        
        

      

    

    

    

      
        	 	
                Fiscal
                  Quarter End

              	
                Minimum
                  Consolidated EBITDA

              
	 	
                January
                  31, 2008

              	
                $3,168,300

              
	 	
                April
                  30, 2008

              	
                $3,211,500

              
	 	
                July
                  31, 2008

              	
                $3,639,680

              
	 	
                October
                  31, 2008

              	
                $4,035,550

              
	 	
                January
                  31, 2009

              	
                $4,342,130

              
	 	
                April
                  30, 2009

              	
                $4,664,610

              
	 	
                July
                  31, 2009

              	
                $4,863,990

              
	 	
                October
                  30, 2009

              	
                $5,023,560

              
	 	
                January
                  31, 2010

              	
                $5,183,280

              
	 	
                April
                  30, 2010

              	
                $5,343,150

              
	 	
                July
                  31, 2010

              	
                $5,553,170

              
	 	
                October
                  31, 2010

              	
                $5,763,200

              
	
                 

              	
                January
                  31, 2011

              	
                $5,973,230

              
	 	
                April
                  30, 2011

              	
                $6,183,250

              

      

    Provided,
      however, that for the fiscal quarter ended January 31, 2008, the Consolidated
      EBITDA shall be calculated as four-thirds the Consolidated EBITDA for the prior
      three consecutive fiscal quarters.

    

    e) Within
      thirty (30) calendar days after the end of each such fiscal quarter, the Company
      shall deliver to Holder’s General Counsel a certificate from its Principal
      Accounting Officer certifying compliance with the ratios set forth in 8(b),
      8(c)
      and 8(d) above (including the calculations evidencing such
      compliance).

    

      f) On
      or
      prior to January 31, 2008, UBPS shall have sold TBOL on terms satisfactory
      to
      the Purchasers, including having retained at least 40% of the equity thereof
      and
      having no further liabilities or further funding obligations
      therewith.

    

    Section
      9. Events
      of Default.
      

    

    a)  “Event
      of Default”,
      wherever used herein, means any one of the following events (whatever the reason
      and whether it shall be voluntary or involuntary or effected by operation of
      law
      or pursuant to any judgment, decree or order of any court, or any order, rule
      or
      regulation of any administrative or governmental body):

    

    i.  any
      default in the payment of (A) the principal of amount of any Note, or (B)
      interest (including Late Fees) on, or liquidated damages in respect of, any
      Note, in each case free of any claim of subordination, as and when the same
      shall become due and payable (whether on the Maturity Date or by acceleration
      or
      otherwise) which default, solely in the case of an interest payment or other
      default under clause (B) above, is not cured, within 3 Business
      Days;

     

    ii.  the
      Company or UBPS shall fail to observe or perform any other covenant or agreement
      contained in this Note or any of the other Transaction Documents which failure
      is not cured, if possible to cure, within the earlier to occur
      of
(A)
      5
Business
      Days
      after notice of such default sent by the Holder or by any other
      Holder
      and (B)
      10 Business
      Days
      after the Company shall become or should have become aware of such
      failure;

    

    iii.  a
      default
      or event of default (subject to any grace or cure period provided for in the
      applicable agreement, document or instrument) shall occur under (A) any of
      the
      Transaction Documents other than the Notes, or (B) any other material agreement,
      lease, document or instrument to which the Company, UBPS or any Subsidiary
      is
      bound, which
      default, solely in the case of a default under this clause (B) above, is not
      cured, within 10 Trading Days;

    

    iv.  any
      representation or warranty made herein,
      in any
      other Transaction Document, in any written statement pursuant hereto or thereto,
      or in any other report, financial statement or certificate made or delivered
      to
      the Holder or any other holder of Notes shall
      be
      untrue or incorrect in any material respect as of the date when made or deemed
      made;

     

    
      
        
        

      

      
        Page
          11 of
          16

        
          

        

      

      
        
        

      

    

    

    v.  either
      of
      (i) the Key Man Policy (once obtained) or (ii) the D&O Policy shall lapse,
      no longer be in full force and effect or have its face-value
      reduced;

    

    vi.  any
      of
      the Company’s Primary Contracts shall be terminated, for any reason and not
      renewed within 60 days of such termination on terms that would be materially
      adverse to the company ; 

    

    vii.  a
      judgment is rendered in respect of (a) litigation claims against ATPA for acts
      incurred prior to the Closing Date in an amount exceeding the Escrow Amount
      or
      (b) litigation claims against ATPA or UBPS for acts incurred after the Closing
      Date in an amount exceeding $250,000;

    

    viii.  (i)
      the
      Company, UBPS or any of its Subsidiaries shall commence, or there shall be
      commenced against the Company, UBPS or any such Subsidiary, a case under any
      applicable bankruptcy or insolvency laws as now or hereafter in effect or any
      successor thereto, or the Company, UBPS or any Subsidiary commences any other
      proceeding under any reorganization, arrangement, adjustment of debt, relief
      of
      debtors, dissolution, insolvency or liquidation or similar law of any
      jurisdiction whether now or hereafter in effect relating to the Company, UBPS,
      or any Subsidiary thereof or (ii) there is commenced against the Company, UBPS,
      or any Subsidiary thereof any such bankruptcy, insolvency or other proceeding
      which remains undismissed for a period of 60 days; or (iii) the Company, UBPS,
      or any Subsidiary thereof is adjudicated by a court of competent jurisdiction
      insolvent or bankrupt; or any order of relief or other order approving any
      such
      case or proceeding is entered; or (iv) the Company, UBPS, or any Subsidiary
      thereof suffers any appointment of any custodian or the like for it or any
      substantial part of its property which continues undischarged or unstayed for
      a
      period of 60 days; or (v) the Company, UBPS, or any Subsidiary thereof makes
      a
      general assignment for the benefit of creditors; or (vi) the Company shall
      fail
      to pay, or shall state that it is unable to pay, or shall be unable to pay,
      its
      debts generally as they become due; or (vii) the Company, UBPS, or any
      Subsidiary thereof shall call a meeting of its creditors with a view to
      arranging a composition, adjustment or restructuring of its debts; or (viii)
      the
      Company, UBPS, or any Subsidiary thereof shall by any act or failure to act
      expressly indicate its consent to, approval of or acquiescence in any of the
      foregoing; or (ix) any corporate or other action is taken by the Company, UBPS,
      or any Subsidiary thereof for the purpose of effecting any of the
      foregoing;

     

    ix.  the
      Company, UBPS, or any Subsidiary shall default in any of its obligations under
      any mortgage, credit agreement or other facility, indenture agreement, factoring
      agreement or other instrument under which there may be issued, or by which
      there
      may be secured or evidenced any indebtedness for borrowed money or money due
      under any long term leasing or factoring arrangement of the Company in an amount
      exceeding $100,000, whether such indebtedness now exists or shall hereafter
      be
      created and such default shall result in such indebtedness becoming or being
      declared due and payable prior to the date on which it would otherwise become
      due and payable; 

    

    

    x.  the
      Company or UBPS shall redeem or repurchase any of its outstanding shares of
      Common Stock or other equity securities of the Company; 

     

     

    
      
        
        

      

      
        Page
          12 of
          16

        
          

        

      

      
        
        

      

    

    

    

    xi.  any
      of
      the Security Agreement or the Guarantee shall cease to be in full force and
      effect, and

    

    xii.  UBPS
      shall not have raised at least $2.5 million of equity to fund the balance of
      the
      Escrow Amount by December 31, 2008

    

    b)  Remedies
      Upon Event of Default.
      If any
      Event of Default occurs, the full principal amount of this Note, together with
      interest and other amounts owing in respect thereof, to the date of acceleration
      shall become, at the Holder’s election, immediately due and payable in cash. The
      aggregate amount payable upon an Event of Default shall be equal to the
      Mandatory Prepayment Amount. Commencing 5 days after the occurrence of any
      Event
      of Default that results in the eventual acceleration of this Note, the interest
      rate on this Note shall accrue at the rate of 18% per annum, or such lower
      maximum amount of interest permitted to be charged under applicable law. All
      Notes for which the full Mandatory Prepayment Amount hereunder shall have been
      paid in accordance herewith shall promptly be surrendered to or as directed
      by
      the Company. The Holder need not provide and the Company hereby waives any
      presentment, demand, protest or other notice of any kind, and the Holder may
      immediately and without expiration of any grace period enforce any and all
      of
      its rights and remedies hereunder and all other remedies available to it under
      applicable law. Such declaration may be rescinded and annulled by Holder at
      any
      time prior to payment hereunder and the Holder shall have all rights as a Note
      holder until such time, if any, as the full payment under this Section shall
      have been received by it. No such rescission or annulment shall affect any
      subsequent Event of Default or impair any right consequent thereon.

    

    Section
      10. Miscellaneous.
      

     

    a)  Notices.
      Any and
      all notices or other communications or deliveries to be provided by the Holders
      hereunder shall be in writing and delivered personally, by facsimile, sent
      by a
      nationally recognized overnight courier service, addressed to the Company,
      at
      the address set forth above, facsimile number
      203-254-0069, Attn: Richard Stierwalt, Chief Executive Officer,
or
      such
      other address or facsimile number as the Company may specify for such purposes
      by notice to the Holders delivered in accordance with this Section. Any and
      all
      notices or other communications or deliveries to be provided by the Company
      hereunder shall be in writing and delivered personally, by facsimile, sent
      by a
      nationally recognized overnight courier service addressed to each Holder at
      the
      facsimile telephone number or address of such Holder appearing on the books
      of
      the Company, or if no such facsimile telephone number or address appears, at
      the
      principal place of business of the Holder. Any notice or other communication
      or
      deliveries hereunder shall be deemed given and effective on the earliest of
      (i)
      the date of transmission, if such notice or communication is delivered via
      facsimile at the facsimile telephone number specified in this Section prior
      to
      5:30 p.m. (New York City time), (ii) the date after the date of transmission,
      if
      such notice or communication is delivered via facsimile at the facsimile
      telephone number specified in this Section later than 5:30 p.m. (New York City
      time) on any date and earlier than 11:59 p.m. (New York City time) on such
      date,
      (iii) the second Business Day following the date of mailing, if sent by
      nationally recognized overnight courier service, or (iv) upon actual receipt
      by
      the party to whom such notice is required to be given.

     

    
      
        
        

      

      
        Page
          13 of
          16

        
          

        

      

      
        
        

      

    

     

    b)  Absolute
      Obligation.
      Except
      as expressly provided herein, no provision of this Note shall alter or impair
      the obligation of the Company, which is absolute and unconditional, to pay
      the
      principal of, interest and liquidated damages (if any) on, this Note at the
      time, place, and rate, and in the coin or currency, herein prescribed. This
      Note
      is a direct debt obligation of the Company. This Note ranks pari passu
      with all
      other Notes now or hereafter issued under the terms set forth
      herein. 

     

    c)  Lost
      or Mutilated Note.
      If this
      Note shall be mutilated, lost, stolen or destroyed, the Company shall execute
      and deliver, in exchange and substitution for and upon cancellation of a
      mutilated Note, or in lieu of or in substitution for a lost, stolen or destroyed
      Note, a new Note for the principal amount of this Note so mutilated, lost,
      stolen or destroyed but only upon receipt of evidence of such loss, theft or
      destruction of such Note, and of the ownership hereof, and indemnity, if
      requested, all reasonably satisfactory to the Company.

    

    d)  Security
      Interest.
      This
      Note is a direct debt obligation of the Company and, pursuant to the Security
      Agreement is secured by a first priority perfected security interest in all
      of
      the assets of the Company for the benefit of the Holders. 

    

    e)  Governing
      Law.
      All
      questions concerning the construction, validity, enforcement and interpretation
      of this Note shall be governed by and construed and enforced in accordance
      with
      the internal laws of the State of New York, without regard to the principles
      of
      conflicts of law thereof. Each party agrees that all legal proceedings
      concerning the interpretations, enforcement and defense of the transactions
      contemplated by any of the Transaction Documents (whether brought against a
      party hereto or its respective affiliates, directors, officers, shareholders,
      employees or agents) shall be commenced in the state and federal courts sitting
      in the City of New York, Borough of Manhattan (the “New
      York Courts”).
      Each
      party hereto hereby irrevocably submits to the exclusive jurisdiction of the
      New
      York Courts for the adjudication of any dispute hereunder or in connection
      herewith or with any transaction contemplated hereby or discussed herein
      (including with respect to the enforcement of any of the Transaction Documents),
      and hereby irrevocably waives, and agrees not to assert in any suit, action
      or
      proceeding, any claim that it is not personally subject to the jurisdiction
      of
      any such court, or such New York Courts are improper or inconvenient venue
      for
      such proceeding. Each party hereby irrevocably waives personal service of
      process and consents to process being served in any such suit, action or
      proceeding by mailing a copy thereof via registered or certified mail or
      overnight delivery (with evidence of delivery) to such party at the address
      in
      effect for notices to it under this Note and agrees that such service shall
      constitute good and sufficient service of process and notice thereof. Nothing
      contained herein shall be deemed to limit in any way any right to serve process
      in any manner permitted by law. Each party hereto hereby irrevocably waives,
      to
      the fullest extent permitted by applicable law, any and all right to trial
      by
      jury in any legal proceeding arising out of or relating to this Note or the
      transactions contemplated hereby. If either party shall commence an action
      or
      proceeding to enforce any provisions of this Note, then the prevailing party
      in
      such action or proceeding shall be reimbursed by the other party for its
      attorney’s fees and other costs and expenses incurred with the investigation,
      preparation and prosecution of such action or proceeding.

     

    f)  Waiver.
      Any
      waiver by the Company or the Holder of a breach of any provision of this Note
      shall not operate as or be construed to be a waiver of any other breach of
      such
      provision or of any breach of any other provision of this Note. The failure
      of
      the Company or the Holder to insist upon strict adherence to any term of this
      Note on one or more occasions shall not be considered a waiver or deprive that
      party of the right thereafter to insist upon strict adherence to that term
      or
      any other term of this Note. Any waiver must be in writing.

     

    
      
        
        

      

      
        Page
          14 of
          16

        
          

        

      

      
        
        

      

    

     

    g)  Severability.
      If any
      provision of this Note is invalid, illegal or unenforceable, the balance of
      this
      Note shall remain in effect, and if any provision is inapplicable to any person
      or circumstance, it shall nevertheless remain applicable to all other persons
      and circumstances. If it shall be found that any interest or other amount deemed
      interest due hereunder violates applicable laws governing usury, the applicable
      rate of interest due hereunder shall automatically be lowered to equal the
      maximum permitted rate of interest. The Company covenants (to the extent that
      it
      may lawfully do so) that it shall not at any time insist upon, plead, or in
      any
      manner whatsoever claim or take the benefit or advantage of, any stay, extension
      or usury law or other law which would prohibit or forgive the Company from
      paying all or any portion of the principal of or interest on this Note as
      contemplated herein, wherever enacted, now or at any time hereafter in force,
      or
      which may affect the covenants or the performance of this indenture, and the
      Company (to the extent it may lawfully do so) hereby expressly waives all
      benefits or advantage of any such law, and covenants that it will not, by resort
      to any such law, hinder, delay or impeded the execution of any power herein
      granted to the Holder, but will suffer and permit the execution of every such
      as
      though no such law has been enacted.

     

    h)  Next
      Business Day.
      Whenever any payment or other obligation hereunder shall be due on a day other
      than a Business Day, such payment shall be made on the next succeeding Business
      Day.

    

    i)  Headings.
      The
      headings contained herein are for convenience only, do not constitute a part
      of
      this Note and shall not be deemed to limit or affect any of the provisions
      hereof.

    

    j)  Seniority.
      This
      Note is senior in right of payment to any and all other indebtedness of the
      Company.

    

    *********************

     

    
      
        
        

      

      
        Page
          15 of
          16

        
          

        

      

      
        
        

      

    

    IN
      WITNESS WHEREOF, the Company and UBPS has caused this Note to be duly executed
      by a duly authorized officer as of the date first above
      indicated.

    
      	 	
              ASSOCIATED THIRD PARTY
                ADMINISTRATORS

               

              
                /s/
                  Richard Stierwalt                                                 
                  

                Name:
                  Richard Stierwalt

                Title:
                  Chief Executive Officer.

                 

                
                   

                  UNITED
                    BENEFITS & PENSION SERVICES, INC.

                   

                  /s/
                    Richard Stierwalt______________________

                  Name:
                    Richard Stierwalt

                  Title:
                    Chief Executive Officer

                

              

            

    

     

    
      
        
        

      

      
        Page
          16 of
          16

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00139-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00139-of-00352.parquet"}]]