Document:

ex103.htm

    

    SECURITY
INTEREST AND PLEDGE AGREEMENT

    

    SECURITY
INTEREST AND PLEDGE AGREEMENT (“Pledge Agreement”) dated as of May 20, 2009, by
and among Linlithgow Holdings LLC (“Secured Party”), Beyond Commerce, Inc., a
Nevada corporation with its principal business address at 9029 Pecos Road, Suite
2800, Henderson, NV 89074 (the “Company” or the “Debtor”), and Beyond Commerce,
Inc., as pledgor, (the “Pledgor”)

    

    RECITALS

    

               
 A.           Reference
is made to (i) that certain Note of even date herewith (the “Note”), which the
Company issued to the Secured Party are parties.  Capitalized terms
not otherwise defined herein shall have the meanings ascribed to them in the
Note.

    

                
  B.           Pursuant
to the Note, the Debtor has certain obligations to the Secured Party (all such
obligations, the “Obligations”), including, but not limited to, obligations to
pay principal and interest of the Note, which was issued in the original
aggregate principal amount of $1,600,000, on the Maturity Date.  The
Note Obligations are secured by the pledge of certain common stock of Beyond
Commerce, Inc.  The obligations of the Company and of the Pledgor, if
any, under the Note are referred to collectively as the “Note
Obligations.”

    

    C.           To
secure the Note Obligations, the Pledgor have agreed to pledge certain shares of
Common Stock of  Beyond Commerce, Inc. held by the Pledgor to the
Secured Party as security for the performance of the Note
Obligations.

    

    D.           The
Pledgor is a shareholder, subsidiary and/or affiliates of the Debtor and has
determined that it is in the Pledgor’ best interests, including to the benefit
of the other interests of the Pledgor in the Company, to provide the pledge
referred to herein.

    

    E.           The
Secured Party is willing to accept the Note only upon receiving the Pledgor’
pledge of certain stock of the Company, as set forth in this Pledge
Agreement.

    

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

    

    1.           Grant of Security
Interest.

    

    (a)           To
secure the Note Obligations of Debtor, the Pledgor hereby pledges to the Secured
Party (i) all of the shares of Common Stock (the “Pledged Shares”) set forth on
the attached Schedule 2 of this Agreement.  Unless otherwise set forth
on Schedule 2 of this Agreement, the Pledgor is the beneficial and record owner
of the Pledged Shares set forth opposite the Pledgor’s name on such
Schedule.  Such Pledged Shares are hereinafter referred to as the
“Collateral.”

    

    (b)           The
Company represents and warrants to the Secured Party that the Pledged Shares are
duly authorized, validly issued, fully paid and non-assessable and that it will
not permit the transfer of the Pledged Shares except in accordance with this
Pledge Agreement while the same is in effect.

    

    (c)           (i)           The
Company has given written notice to the Transfer Agent  regarding the
creation of the security interest of the Secured Party in the
Collateral.  The Company has instructed the Transfer Agent (A) to
record on its books the existence of such security interest with respect to the
Pledged Shares, (B) to transfer Pledged Shares in accordance with the
instructions of the Secured Party without further action of the Company, and (C)
except upon such instructions of the Secured Party or until written notice is
given by the Secured Party that such security interest has been released to the
Pledgor in whole or in part, to not allow a transfer of the shares representing
any part of the Collateral or to replace the certificates representing the
Collateral; and

    

    (ii)           The
Pledgor hereby consent to the provisions of the preceding subparagraph (i) and
authorizes the Company to provide such notice and instructions to the Transfer
Agent.

     

     

     

    
      
        
        

      

      
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    2.           Obligations
Secured.  During the term hereof, the Collateral shall secure
the following:

    

    (a)           The
performance by the Company of the Note Obligations; and

    

    (b)           The
payment of all fees and the delivery of all stock other than principal and
interest under the Note.

    

    (c)           The
performance by the Pledgor of their obligations, covenants, and agreements under
this Agreement.

    

    The
obligations, covenants and agreements described in clauses (a), (b) and (c) are
the “Obligations.”

    

    3.           Perfection of Security
Interests.  Upon execution of this Pledge Agreement by the
Debtor and the Pledgor, the Pledgor shall deliver and transfer possession of the
stock certificates identified opposite the Pledgor’s name on Schedule 2 of this
Agreement together with stock transfer powers duly executed in blank by the
registered owner of the shares represented by such Certificates, with
appropriate Medallion signature guaranty (“Stock Powers”), to the Secured
Party.

    

    The
Collateral will be held by the Secured Party or the Brokerage Firm, to perfect
the security interest of the Secured Party, until the earlier of

    

    (i) the
payment in full of all amounts due under the Note, or

    

    (ii)
foreclosure of Secured Party's security interests as provided
herein.

    

    (c)           The
Debtor and the Pledgor hereby appoint the Secured Party, as attorney-in-fact
with powers of substitution, to execute all documents and perform all acts in
order to perfect and maintain a valid security interest for Secured Party in the
Collateral.

    

               4.           Reserved.

    

               5.           Pledgor’s
Warranty.  The Pledgor represent and warrant hereby to the
Secured Party as follows with respect to the Pledged Shares set forth opposite
the Pledgor’s name on Schedule 2 to this Agreement:

    

    A.           With respect to title to the
Transferred Shares

    

    (i)           that
upon transfer by the Pledgor of the Pledgor’s Certificates and Stock Powers to
Secured Party pursuant to this Agreement at such time, if any, as contemplated
hereby upon the occurrence of an Event of Default, the purchaser of the Pledged
Shares or the Secured Party, as contemplated herein, as the case may be, will
have good title (both record and beneficial) to the relevant Pledged
Shares;

    

    (ii)           that
there are no restrictions upon transfer and pledge of the Pledged Shares
pursuant to the provisions of this Agreement except the restrictions, to the
extent applicable, imposed by Rule 144 under the Securities Act of
1933;

    

    (iii)           that
the Pledged Shares are free and clear of any encumbrances of every nature
whatsoever, the Pledgor is the sole owner of the Pledged Shares, and such shares
are duly authorized, validly issued, fully paid and non-assessable;

    

    (iv)           that
the Pledgor has owned the Pledged Shares since the date specified on Schedule 2
to this Agreement and that such shares were fully paid for as of such specified
date; and

     

     

     

    
      
        
        

      

      
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    (v)           that
the Pledgor agrees not to grant or create, any security interest, claim, lien,
pledge or other encumbrance with respect to the Pledgor’s Pledged Shares or
attempt to sell, transfer or otherwise dispose of any of such shares until the
Obligations have been paid in full or this Agreement has
terminated.

    

    B.           With respect to certain
other matters:

    

    (i)           that
the Pledgor has made necessary inquiries of the Company and believes that the
Company fully intends to fulfill and has the capability of fulfilling the
Obligations to be performed by the Company in accordance with the terms of the
Transaction Documents;

    

    (ii)           that
the Pledgor is not acting, and has not agreed to act, in any plan to sell or
dispose of the Pledged Shares in a manner intended to circumvent the
registration requirements of the Securities Act of 1933, as amended, or any
applicable state law;

    

    (iii)           that
Pledgor has been advised by counsel of the elements of a bona-fide pledge for
purposes of Rule 144(d)(3)(iv) under the Securities Act of 1933, as amended,
including the relevant SEC interpretations and affirms the pledge of shares by
the Pledgor pursuant to this Pledge Agreement will constitute a bona-fide pledge
of such shares for purposes of such Rule;

    

    (iv)           that
this Pledge Agreement constitutes a legal, valid and binding obligation of the
Pledgor enforceable in accordance with its terms (except as the enforcement
thereof may be limited by bankruptcy, insolvency, fraudulent conveyance,
reorganization, moratorium, and similar laws, now or hereafter in effect);
and

    

    (v)           that
the Pledgor’s address is as provided under the Pledgor’s signature on the
signature page hereof.

    

    6.           Reports under Securities Act
and Exchange Act.  With a view to making available to Secured
Party the benefits of Rule 144 promulgated under the Securities Act or any other
similar rule or regulation of the SEC that may at any time permit Secured Party
to sell securities of the Company to the public without Registration (“Rule
144”), the Company agrees to:

    

    (i)           make
and keep public information available, as those terms are understood and defined
in Rule 144;

    

    (ii)           file
with the SEC in a timely manner all reports and other documents required of the
Company under the Securities Act and the Exchange Act; and

    

    (iii)           until
the  date when the Secured Party may sell all securities under Rule
144 without volume or other restrictions or limits (the “Unrestricted Sale
Date”), furnish to the Secured Party so long as the Secured Party owns or has a
security interest in the Pledged Shares (a “Holder”), promptly upon request, (i)
a written statement by the Company that it has complied with the reporting
requirements of Rule 144, the Securities Act and the Exchange Act, (ii) if not
available on the SEC’s EDGAR system, a copy of the most recent annual or
quarterly report of the Company and such other reports and documents so filed by
the Company and (iii) such other information as may be reasonably requested to
permit the Secured Party to sell such securities pursuant to Rule 144 without
registration; and

    

    (d)           at
the request of any Holder, give its Transfer Agent instructions (supported by an
opinion of the Company’s counsel, if required or requested by the Transfer
Agent) to the effect that, upon the Transfer Agent’s receipt from such Holder
of

    

    (i) a
certificate (a “Rule 144 Certificate”) certifying (A) that the Holder’s holding
period (as determined in accordance with the provisions of Rule 144) for the
Pledged Shares which the Holder proposes to sell (the “Securities Being Sold”)
is not less than (6) six months and (B) as to such other matters as may be
appropriate in accordance with Rule 144 under the Securities Act,
and

     

     

    
      
        
        

      

      
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    (ii) an
opinion of counsel acceptable to the Company (for which purposes it is agreed
that Sichenzia Ross Friedman Ference LLP shall be deemed acceptable if not given
by the Company’s counsel) that, based on the Rule 144 Certificate, Securities
Being Sold may be sold pursuant to the provisions of Rule 144, even in the
absence of an effective Registration Statement,

    

    the
Transfer Agent is to effect the transfer of the Securities Being Sold and issue
to the buyer(s) or transferee(s) thereof one or more stock certificates
representing the transferred Securities Being Sold without any restrictive
legend and without recording any restrictions on the transferability of such
shares on the Transfer Agent’s  books and records (except to the
extent any such legend or restriction results from facts other than the identity
of the Holder, as the seller or transferor thereof, or the status, including any
relevant legends or restrictions, of the shares of the Securities Being Sold
while held by the Holder). If the Transfer Agent reasonably requires any
additional documentation at the time of the transfer, the Company shall deliver
or cause to be delivered all such reasonable additional documentation as may be
necessary to effectuate the issuance of an unlegended certificate.

    

    7.           Voting
Rights.  Unless and until the Secured Party has exercised its
rights under this Pledge Agreement to foreclose its security interest in the
Collateral, the Pledgor shall have the right to exercise any voting rights
evidenced by, or relating to, the Collateral.

    

    8.           Warrants and
Options.  In the event that, during the term of this Pledge
Agreement, subscription, warrants, dividends, or any other rights or option
shall be issued in connection with the Collateral, such warrants, dividends,
rights and options shall be immediately delivered to Secured Party to be held
under the terms hereof in the same manner as the Collateral.

    

    9.           Preservation of the Value of
the Collateral and Reimbursement of Secured Party.  Pledgor
shall pay all taxes, charges, and assessments against the Collateral and do all
acts necessary to preserve and maintain the value thereof.  On failure
of Pledgor so to do, Secured Party may make such payments on account thereof as
(in Secured Party's discretion) is deemed desirable, and Pledgor shall reimburse
Secured Party immediately on demand for any and all such payments expended by
Secured Party in enforcing, collecting, and exercising its remedies
hereunder.

    

    10.           Default and
Remedies.

    

    (a)           For
purposes of this Agreement, “Event of Default” shall mean any one or more of the
following events:

    

    (i)           any
default in the performance by the Company or any Pledgor of any of the Note
Obligations, after the expiration, without cure, of the cure period (but only if
any such cure period is specifically provided in the Transaction Documents and
without any regard to any cure period if no such cure period is provided; it
being specifically acknowledged by the Company and the Pledgor that all payment
obligations are time of the essence obligations, with no cure periods provided),
or

    

    (ii)           a
breach by the Company or  Pledgor of any of the its respective
representations, warranties, covenants or agreements in this Pledge Agreement,
subject to applicable cure periods.

    

    (b)           During
the term of this Pledge Agreement, the Secured Party shall have the following
rights after any Event of Default and for so long as the Obligations are not
satisfied in full:

    

    (i)  the
rights and remedies provided by the Uniform Commercial Code as adopted by the
State of New York (as said law may at any time be amended), except that the
Secured Party waives any right to a deficiency pursuant to Section 9-608 thereof
or otherwise;

    

    (ii)  the
right to receive and retain all dividends, payments and other distributions of
any kind upon any or all of the Pledged Shares as additional Collateral;
and

     

     

     

    
      
        
        

      

      
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    (iii)  the
right to sell, at a public or private sale, the Collateral or any part thereof
for cash, upon credit or for future delivery, and at such price or prices in
accordance with the Uniform Commercial Code (as such law may be amended from
time to time); it being understood that one or more of the Secured Party may,
but shall not be required to, take such actions jointly.  Upon any
such sale, Secured Party shall have the right to deliver, assign and transfer to
the purchaser thereof the Collateral so sold.  Secured Party shall
give the Pledgor not less than ten (10) days written notice of its intention to
make any such sale.  Any such sale shall be held at such time or times
during ordinary business hours and at such place or places as Secured Party may
fix in the notice of such sale.  Secured Party may adjourn or cancel
any sale or cause the same to be adjourned from time to time by announcement at
the time and place fixed for the sale, and such sale may be made at any time or
place to which the same may be so adjourned.  In case of any sale of
all or any part of the Collateral upon terms calling for payments in the future,
any Collateral so sold may be retained by Secured Party until the selling price
is paid by the purchaser thereof, but Secured Party shall incur no liability in
the case of the failure of such purchaser to take up and pay for the Collateral
so sold and, in the case of such failure, such Collateral may again be sold upon
like notice.  Secured Party, however, instead of exercising the power
of sale herein conferred upon it, may proceed by a suit or suits at law or in
equity to foreclose the security interest and sell the Collateral, or any
portion thereof, under a judgment or decree of a court or courts of competent
jurisdiction, the Pledgor having been given due notice of all such
action.  Secured Party shall incur no liability as a result of a sale
of the Collateral or any part thereof.

    

    (iv)  in
addition to its rights and remedies under this agreement, the Note and all
Transaction Documents, the Company shall have full recourse against any real,
personal, tangible or intangible assets of Pledgors, and may pursue any legal or
equitable remedies that are available to it.

    

               11.           Waiver.  Each
of the Debtor and the Pledgor waives any right that it may have to require
Secured Party to proceed against any other person, or proceed against or exhaust
any other security, or pursue any other remedy Secured Party may
have.

    

               12.           Term of
Agreement.  This Pledge Agreement shall continue in full force
and effect until the later of the payment in full of the Note, (the “Pledge
Termination Events”.  Upon the last Pledge Termination Event to occur,
the security interests in the relevant Collateral shall be deemed released, and
any portion of the Collateral not transferred to or sold by any one or more
Secured Party shall be returned to the Pedgors.  Upon termination of
this Pledge Agreement, the relevant Collateral shall be returned within five (5)
Trading Days to Debtor or to the Pledgor, as contemplated above.

    

    13.           Reserved.

    

    14.           General
Provisions:

    

    14.1           Binding Agreement; No
Modification of Transaction Documents.  This Pledge Agreement
shall be binding upon and shall inure to the benefit of the successors and
assigns of the respective parties hereto.  Except to the extent
specifically provided herein, nothing in this Pledge Agreement shall limit or
modify any provision of any of the Transaction Documents

    

    14.2           Captions.  The
headings used in this Pledge Agreement are inserted for reference purposes only
and shall not be deemed to define, limit, extend, describe, or affect in any way
the meaning, scope or interpretation of any of the terms or provisions of this
Pledge Agreement or the intent hereof.

    

    14.3           Counterparts.  This
Pledge Agreement may be signed in any number of counterparts with the same
effect as if the signatures upon any counterpart were upon the same
instrument.  All signed counterparts shall be deemed to be one
original.  A facsimile transmission of this signed Pledge Agreement
shall be legal and binding on all parties hereto.

    

    14.4           Further
Assurances.  The parties hereto agree that, from time to time
upon the written request of any party hereto, they will execute and deliver such
further documents and do such other acts and things as such party may reasonably
request in order fully to effect the purposes of this Pledge Agreement. The
Transfer Agent Instructions annexed hereto are deemed an integral part of this
Pledge Agreement.

     

     

    
 

    
      
        
        

      

      
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    14.5           Waiver of
Breach.  Any waiver by either party of any breach of any kind
or character whatsoever by the other, whether such be direct or implied, shall
not be construed as a continuing waiver of or consent to any subsequent breach
of this Pledge Agreement.

    

    14.6           Cumulative
Remedies.  The rights and remedies of the parties hereto shall
be construed cumulatively, and none of such rights and remedies shall be
exclusive of, or in lieu or limitation of any other right, remedy, or priority
allowed by applicable law.

    

    14.7           Amendment.  This
Pledge Agreement may be modified only in a written document that refers to this
Pledge Agreement and is executed by Secured Party, the Pledgor and the
Debtor.

    

    14.8           Interpretation.  This
Pledge Agreement shall be interpreted, construed, and enforced according to the
substantive laws of the State of New York.

    

    14.9           Governing
Law.  This Pledge Agreement shall be governed by and construed
in accordance with the laws of the State of New York.  Each of the
parties consents to the jurisdiction of the federal courts whose districts
encompass any part of the County of New York or the state courts of the State of
New York sitting in the County of New York in connection with any dispute
arising under this Pledge Agreement and hereby waives, to the maximum extent
permitted by law, any objection, including any objection based on forum non coveniens, to the
bringing of any such proceeding in such jurisdictions.

    

    14.10           WAIVER OF JURY
TRIAL.  The parties to this Pledge Agreement hereby waive a
trial by jury in any action, proceeding or counterclaim brought by any of them
against any other in respect of any matter arising out or in connection with
this Pledge Agreement.

    

    14.11           
Notice.  Any
notice or other communication required or permitted to be given hereunder shall
be effective upon receipt.  Such notices may be sent (i) in the United
States mail, postage prepaid and certified, (ii) by express courier with
receipt, (iii) by facsimile transmission, with a copy subsequently delivered as
in (i) or (ii) above.  Any such notice shall be addressed or
transmitted as follows:

    

    If to the
Secured Party, to:

    Linlithgow
Holdings, LLC

    110 North
Boulder Highway, Suite 120-21

    Henderson,
NV 89015

    Tel:
949-885-6110

    Fax:310-820-4564

    If to
Beyond Commerce, Inc., to: Mark Noffke

    9029
South Pecos Road, Suite 2800, Henderson, NV 89074

    Tel:
702-463-7000

    Fax:702-481-1990

    

    Any party
may change its address by notice similarly given to the other parties (except
that a Secured Party need not give notice to other Secured Party).

     

     

    14.12           Acknowledgement by Debtor
and Pledgors.  In the event that any provision of the
Transaction Documents or this Pledge Agreement as applied to any party or
circumstances shall be adjudged by a court to be invalid or unenforceable, each
of the Debtor or the Pledgor, as the case may be, acknowledges and agrees that
this Pledge Agreement shall remain valid and enforceable in all respects against
the Debtor and the Pledgor.

    

     [THE
REMAINDER OF THIS PAGE IS INTENTIONALLY BLANK.

      THE
SIGNATURES OF THE PARTIES ARE ON THE NEXT PAGE.]

    

    
      
        
        

      

      
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    IN
WITNESS WHEREOF, the Parties have executed this Agreement as of the day, month
and year first above written.

    

    LINLITHGOW
HOLDINGS LLC

     

    
      
        
          	 	 	 
	 	 	 	 
	
                   

                	
                  By:
      

                	/s/ Rhett
      McNulty	 
	 	 	Name Rhett
      McNulty	 
	 	 	Title Member/President	 
	 	 	 	 

        

      

    

    

    

    

    BEYOND
COMMERCE, INC.

    

    
       

      
        
          
            	 	 	 
	 	 	 	 
	
                     

                  	
                    By:
      

                  	/s/ Robert
      McNulty	 
	 	 	Name Robert
      McNulty	 
	 	 	Title Chief
      Executive Officer	 
	 	 	 	 

          

        

      

      

    

    

    BEYOND
COMMERCE, INC., as PLEDGOR

    

    
       

      
        
          
            	 	 	 
	 	 	 	 
	
                     

                  	
                    By:
      

                  	/s/ Robert
      McNulty	 
	 	 	Name Robert
      McNulty	 
	 	 	Title Chief
      Executive Officer	 
	 	 	 	 

          

        

      

    

    
 

    
      
        
        

      

      
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    SCHEDULE
2

    

               The
following shares are pledged hereunder as the Pledged Shares, each certificate
in the name of:

    

    

    
      
        
          
            
              
                
                  
                    
                      
                        
                          	
                                  Holder's
      Name

                                	
                                  Certificate
      No.

                                	 	
                                  No.
      of Shares

                                	 	
                                  Date
      of Acquisition

                                
	
                                  Beyond
      Commerce, Inc.

                                	 
      	 	 	
                                  6,000,000

                                	 	 
      
	 
      	 
      	 	 	 	 	 
      
	 
      	 
      	 	 	 	 	 
      
	 
      	 
      	 	 	 	 	 
      
	 
      	 
      	 	 	 	 	 
      
	 
      	 
      	 	 	 	 	 
      
	
                                  Total

                                	 	 	
                                  6,000,000

                                	 	 
      

                        

                      

                    

                  

                

              

            

          

        

      

    

     

     

     

    8ex101.htm

    STOCK
PURCHASE AGREEMENT

    

    This
STOCK PURCHASE AGREEMENT (“Agreement”), dated as of the 15th day
of May, 2009, is entered by and between Midas Medici Group Holdings Inc., having
an address at 445 Park Avenue, 20th Floor,
New York, New York 10022 (the “Purchaser”), Mondo Management Corp., a New
York corporation (“Seller”), and Mondo
Acquisition I, Inc., a Delaware corporation (the “Issuer”).

    

    WITNESSETH
THAT:

    

    WHEREAS, Seller owns a total of 1,000,000
shares of Common Stock, par value $.001 (the “Shares”), representing 100% of the
issued and outstanding common stock of the Issuer; and

    

    WHEREAS, Purchaser
desires to purchase from Seller and Seller desires to sell to
Purchaser the Shares on the terms and conditions set forth
herein.

    

    NOW, THEREFORE, in
consideration of the foregoing and mutual covenants set forth below, the parties
hereto agree as follows:

    

    1.           PURCHASE
AND SALE OF SHARES

    

    1.1           Purchase of
Shares.  Subject to the terms and conditions of this Agreement,
the Seller shall sell, assign, transfer, and deliver to Purchaser and Purchaser
shall purchase, for the purchase price set forth in Section 1.3 hereof, the
Shares at the closing provided for in Section 1.4 hereof, free and clear of all
liens, charges, or encumbrances of whatsoever nature.

    

    1.2           Transfer of Title to the
Shares.  The sale, assignment, conveyance, transfer, and
delivery by Seller of the Shares shall be made by delivering to the Purchaser
duly endorsed stock certificate(s) representing the Shares upon receipt by the
Seller of the Purchase Price.

    

               
 1.3           Purchase
Price.  The purchase price of the Shares shall be Seventy Five
Thousand ($75,000) Dollars (the “Purchase Price”). Seller hereby acknowledges
receipt of Twenty Thousand ($20,000). At the Closing the Purchaser shall
deliver  Five Thousand ($5,000) Dollars with the balance of the
Purchase Price payable  (i) in installments of a minimum of $5,000
every thirty (30) days (the “Monthly Installments”) thereafter until the entire
balance is paid in full or  (ii) on the date the Purchaser completes
an acquisition.

    

                 
1.4           Closing. The
Closing of the transactions provided for in this Agreement shall take place on
or before May 15, 2009 (the “Closing Date”)
at 61 Broadway, 32nd Floor,
New York, New York, 10006. At the closing, the Issuer shall deliver to Purchaser
a balance sheet through the date of the closing.

    

    1.5           Closing
Deliverables. At the Closing, the Purchaser shall deliver the sum of $5,000 by
wire transfer. The Seller shall deliver a stock certificate evidencing the
Shares together with a stock power endorsed in blank, which shall be held in
escrow and released to the Purchaser upon receipt by the Seller of the full
Purchase Price. The Seller shall also deliver the resignations described in
Section 5.4 of this Agreement.

    

    2.           RELATED
TRANSACTIONS

    

                   
2.1           Finder.                      There
are no finders with respect to the transaction contemplated herein.

    

    3.           REPRESENTATIONS
AND WARRANTIES BY THE SELLER, PURCHASER AND ISSUER

    

    3.1           The Seller hereby represents and
warrants to Purchaser as follows:

    

    (a)           The
Seller is a corporation duly organized,
validly existing, and in good standing under the laws of the state of New York,
and is qualified in no other state.

    

    (b)           This
Agreement and any other agreement executed by Seller in connection herewith have
been duly executed and delivered by it and constitute the valid, binding and
enforceable obligation of Seller, subject to the applicable bankruptcy,
insolvency and similar laws affecting creditors’ rights generally and rights of
stockholders.

     

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
 

    (c)           Seller
has full power and authority to sell and transfer the Shares to Purchaser
without obtaining the waiver, consent, order or approval of (i) any state or
federal governmental authority or (ii) any third party or other person
including, but not limited to, other stockholders of the Issuer.  

    
 

    (d)           Neither
the execution and delivery of this Agreement nor the consummation of the
transactions contemplated hereby will constitute a violation or default under
any term or provision of the Certificate of Incorporation or By-Laws of the
Seller, or of any contract, commitment, indenture, other agreement or
restriction of any kind or character to which the Seller is a party to or
by which the Seller is bound.

    

                
3.2                      The Issuer hereby represents and
warrants to the Purchaser as follows:

     

    (a)           The Issuer is a corporation duly organized, validly
existing and in good standing under the laws of the State of
Delaware.  The Issuer has the corporate power to own its properties
and to carry on its business as now being conducted and is duly qualified to do
business and is in good standing in each jurisdiction in which the failure to be
so qualified and in good standing would have a material adverse effect on the
Issuer.  The Issuer is not in violation of any of the provisions of
its Certificate of Incorporation or
By-laws.  No consent, approval or agreement of
any individual or entity is required to be obtained by the Issuer in connection
with the execution and performance by the Issuer of this Agreement or the
execution and performance by the Issuer of any agreements, instruments or other
obligations entered into in connection with
this Agreement.  The Issuer has
no subsidiary, and it does not have any equity investment or other interest,
direct or indirect, in, or any outstanding loans, advances or guarantees to or
on behalf of, any domestic or foreign individual or entity.

     

    (b)           To the best of Issuer’s knowledge, the authorized
capital stock of the Issuer consists of 40,000,000 shares of common stock,
1,000,000 of which are validly issued and outstanding, fully paid and
non-assessable and 10,000,000 shares of
preferred stock, none of which are issued and outstanding, as set forth in the Issuer’s 10-K for the
year ended December
31, 2008.  The outstanding shares of common stock of the Issuer are
held by only one holder, the Seller. 

     

    (c)           Other than as otherwise described herein, the Issuer is not a party to any agreement or
understanding pursuant to which any securities of any class of capital stock are
to be issued or created or transferred.  The Issuer has not acquired
any shares of Common Stock, and has no formal or informal agreements or
understandings pursuant to which it can or will acquire any shares of Issuer
Common Stock.  The Issuer nor any officer, director or 5% stockholder
of the Issuer has any agreements, plans, understandings or proposals, whether
formal or informal or whether oral or in writing, pursuant to which it granted
or may have issued or granted any individual or entity any convertible security
or any interest in the Issuer or the Issuer’s earnings or profits, however
defined.  As used in this Agreement, the term “Convertible Securities”
shall mean any options, rights, warrants, convertible debt, equity securities or
other instrument or agreement upon the exercise or conversion of which or upon
the exchange of which or pursuant to the terms of which additional shares of any
class of capital stock of the Issuer may be
issued.  

     

    (d)           There is no private or governmental action, suit,
proceeding, claim, arbitration or investigation pending before any agency, court
or tribunal, foreign or domestic, or, to the Issuer’s best knowledge, threatened
against the Issuer or any of its properties or any of its officers or directors
(in their capacities as such).  There is no judgment, decree or order
against the Issuer that could prevent, enjoin, alter or delay any of the
transactions contemplated by this Agreement.  An individual will be deemed to have “best knowledge” of
a particular fact or matter if: (a) such individual is actually aware of such
fact or other matter; (b) a reasonable individual  could be expected
to discover or otherwise become aware of such fact or other matter in the course
of conducting a reasonably comprehensive investigation concerning the existence
of such fact or other matter; or (c) it relates to any of law. A corporation or
entity (other than an individual) will be deemed to have “best knowledge” of a
particular fact or other matter if any individual who is serving, or who has at
any time served as a director, officer, employee, agent partner, executor, or
trustee of such corporation or entity(or in any similar capacity) has, or at any
time had, best knowledge of such fact or other matter.

     

    (e)           There are no material claims, actions, suits,
proceedings, inquiries, labor disputes or investigations (whether or not
purportedly on behalf of the Issuer) pending or, to the Issuer’s Best Knowledge,
threatened against the Issuer or any of its assets, at law or in equity or by or
before any governmental entity or in arbitration or mediation.  No
bankruptcy, receivership or debtor relief proceedings are pending or, to the
best of the Issuer’s knowledge, threatened against the
Issuer.

     

    (f)           The Issuer has complied with, is not in violation of,
and has not received any notices of violation with respect to, any federal,
state, local or foreign laws, judgment, decree, injunction or order, applicable
to it, the conduct of its business, or the ownership or operation of its
business.    References in this Agreement to “Laws” shall
refer to any laws, rules or regulations of
any federal, state or local government or any governmental or quasi-governmental
agency, bureau, commission, instrumentality or judicial body (including, without limitation, any federal or state
securities law, regulation, rule or administrative order).

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    (g)           As
of the Closing Date, the Issuer has properly filed all tax returns (if any)
required to be filed and has paid all taxes shown thereon to be
due.  To the Best Knowledge of the Issuer, all tax returns previously
filed are true and correct in all material
respects.  

     

    (h)           The Issuer has no outstanding liabilities or obligations
to any party except as reflected on the Issuer’s Form 10-K for the
year
ended December 31, 2008, other than charges since such date similar to
those incurred in past periods and consistent with past practice, all of which
will be discharged prior to or at the Closing so that, at the Closing, the
Issuer will have no direct, contingent or other obligations of any kind or any
commitment or contractual obligations of any kind and description. 

     

    (i)           All of the business and financial transactions of the
Issuer have been fully and properly reflected in the books and records of the
Issuer in all material respects and in accordance with US generally
accepted accounting principles consistently applied.

     

    (j)           The Issuer is current with its reporting obligations
under the Securities Exchange Act of 1934, as amended (the “Exchange
Act”).  None of the Issuer’s filings made pursuant to the Exchange Act
(collectively, the “Issuer SEC Documents”) contain any misstatements of material
fact or omit to state a material fact necessary to make the statements made
therein not
misleading.  The Issuer SEC
Documents, as of their respective dates, complied in all material respects with
the requirements of the Exchange Act, and the rules and regulations of the
Commission thereunder, and are available on the Commission’s EDGAR
system.  The financial statements included in the Issuer SEC
Documents present and reflect, in accordance with generally accepted accounting
principles, consistently applied, the financial condition of the Issuer on the
balance sheet dates and the results of its operations, cash flows and changes in
stockholders’ equity for the periods then ended in accordance with US generally
accepted accounting principles, consistently applied.  The accountants
who audited the Issuer’s financial statements are independent, within the
meaning of the Securities Act and are a member of the PCAOB.  There
has not occurred any material adverse change, or any development involving a
prospective material adverse change, in the condition, financial or otherwise,
or in the earnings, business or operations of the Issuer, from that set forth in
the Issuer’s Annual Report on Form 10-K for the
year
ended December 31, 2008.  

     

    (k)           The execution and delivery of this Agreement by the
Issuer and the Seller and the consummation of the transactions contemplated
by this Agreement will not result in any
material violation of the Issuer’s certificate of incorporation or
by-laws.

     

    (l)           All representations, covenants and warranties of the
Issuer and Sellers contained in this Agreement shall be true and correct on and
as of the Closing date with the same effect as though the same had been made on
and as of such date.

     

    (m)           The Issuer has the corporate power, authority and
capacity to carry on its business as presently conducted.

     

    (o)           The Issuer has not had any employees since inception
and has not maintained any "employee benefit plans", as
defined in Section 3(3) of the Employee Retirement Income Security Act of 1974,
as amended.

     

    (p)           To
the Issuer’s best knowledge, the information contained in the Disclosure
Memorandum, a copy of which is attached hereto as Exhibit “A” is true and
accurate in all material respects.

     

    3.3           The Purchaser represents and warrants to
Seller and Issuer as follows:

    

    (a)           Purchaser
understands that the Shares have not been registered with the United States
Securities and Exchange Commission or any state or foreign securities agencies.
The Purchaser acknowledges that the Shares are
restricted securities as that term is defined in Rule 144 promulgated under
the Securities Act of 1933, as amended (the “Act”).

     

    (b)           Purchaser
has the requisite competence and authority to execute and deliver this Agreement
and any other agreements and undertakings referenced herein, to perform its
obligations hereunder and to consummate the transactions contemplated
hereby.  This Agreement and any other agreements executed by Purchaser
in connection herewith have been duly executed and delivered by it and
constitute the valid, binding and enforceable obligation of Purchaser, subject
to applicable bankruptcy, insolvency and similar laws affecting creditors’
rights generally and the rights of stockholders.

     

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
 

    (c)           At
the time the Purchaser was offered the Shares, it was, at the date hereof it is,
and on the Closing it will be, an “accredited investor” as that term is defined
in Rule 501(a) of Regulation D under the Securities Act.  The
Purchaser is not, and is not required to be registered as, a broker-dealer under
Section 15 of the Securities Exchange Act of 1934, as amended.

    

    (d)           The
Purchaser has consulted its own independent counsel and tax advisor regarding
the transactions described herein.  Purchaser is capable of evaluating
the merits and risks of its investment in the Issuer and has the capacity to protect its
interests.  Purchaser acknowledges that it must bear the economic risk
of this investment indefinitely, unless the Shares are subsequently registered
pursuant to the Securities Act of 1933, as amended (the “Act”), or an exemption
from registration is available.

    

    (e)           Purchaser
is not an underwriter and is acquiring the Seller’s Shares for Purchaser’s own
account for investment only and not with a view towards distribution thereof
within the meaning of the Act, the state securities laws and any other
applicable laws.

    

    (f)           Purchaser
has the capacity to protect its interests in connection with the transactions
contemplated hereby as a result of its business or financial
expertise.

    

                
(g)           To the
extent that any federal, and/or state securities laws shall require, the
Purchaser hereby agrees that any Shares acquired pursuant to this Agreement
shall be without preference as to assets.

    

                
(h)           Neither the
Issuer nor the Seller is under an
obligation to register or seek an exemption under any federal, state or foreign
securities acts for any stock of the Issuer
or to cause or permit such stock to be transferred in the absence of any
registration or exemption and that the Purchaser herein must hold such stock
indefinitely unless such stock is subsequently registered under any federal
and/or state securities acts or an exemption from registration is
available.

    

                
(i)           The
Purchaser has had the opportunity to ask questions of the Issuer and the Seller and receive additional
information from the Issuer and the Seller
to the extent that the Issuer and the
Seller possessed such information or could acquire it without unreasonable
effort or expense necessary to evaluate the merits and risks of any investment
in the Issuer.  Further, the
Purchaser has been given or has had access to: (1) all material books and
records of the Issuer; (2) all material
contracts and documents relating to the Issuer and this proposed transaction set forth on
Exhibit A; and (3) an opportunity to question the Seller and the appropriate
executive officers of the Issuer.

    

    (j)           The
Purchaser understands that the Certificates representing the Shares delivered
pursuant to this Agreement are subject to certain trading restrictions imposed
under Rule 144 promulgated under the Act. A copy of Rule 144 as currently
adopted by the SEC is attached hereto as Exhibit “B.” 

    

    

    4.           SURVIVAL
OF REPRESENTATIONS; INDEMNIFICATION

    

                 
4.1          Survival of
Representations.  All representations, warranties, and
agreements made by any party in this Agreement or pursuant hereto shall survive
the execution and delivery hereof and any investigation at any time made by or
on behalf of any party for a period not to exceed 180 days; provided, however
that any claims or actions with respect to the representation and warranties
contained in Sections 3.2(f),(g) and (o) shall survive for periods conterminous
with any applicable states of limitations.

    

    4.2      
   Indemnification.  The
Seller agrees to indemnify the Purchaser, and hold it harmless from and in
respect of any assessment, loss, damage, liability, cost and expense (including,
without limitation, interest, penalties, and reasonable attorneys’ fees) up to
$75,000 in the aggregate, imposed upon or incurred by the Purchaser
resulting from a breach of any agreement, representation, or warranty of the
Seller if the claim is brought within six (6) months of Closing, provided,
however, that any claim with respect to the representation and warranties
contained in Sections 3.2(f),(g) and (o) may be made at any
time.  Assertion by the Purchaser to their right to indemnification
under this Section 4.2 shall not preclude assertion by the Purchaser of any
other rights or the seeking of any other remedies against the
Seller.

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
 

    5.           MISCELLANEOUS

     

              
5.1           Expenses.  All
fees and expenses incurred by the Purchaser and Seller in connection with the
transactions contemplated by this Agreement shall be borne by the respective
parties hereto.

    

               5.2           Further
Assurances.  From time to time, at the Purchaser’s request
and without further consideration, the Seller, will execute and transfer such
documents and will take such action as the Purchaser may reasonably request
in order to effectively consummate the transactions contemplated herein.

    

               5.3           Parties in
Interest.  All the terms and provisions of this Agreement shall
be binding upon, shall inure to the benefit of, and shall be enforceable by the
prospective heirs, beneficiaries, representatives, successors and assigns of the
parties hereto.

    

    

               5.4      Resignation as
Officer/Director.

    

      On the
Closing Date:

    

    (a)              Each
of Jeffrey Fessler and Richard Friedman shall resign as officers and directors
of the Company and Darrin O’Ocasio shall tender his resignation as a Director
dated as of a date 10 days after the Closing Date.  

    

                     (b)              Nana Baffour shall be appointed as President and
Director, Frank Asante-Kissi shall be appointed as Vice President and
Johnson M. Kachidza shall be appointed as
Secretary. An Information Statement in connection with the intended
appointment of Mr. Kachidza to the Issuer’s Board of Directors shall thereafter
be filed with the Securities and Exchange Commission and mailed to stockholders
of the Issuer pursuant to Section 14(f) of the Exchange Act and Rule 14(f)(1)
thereunder.

     

               5.5           Prior Agreements;
Amendments.                                                                           This
Agreement supersedes all prior agreements and understandings between the parties
with respect to the subject matter hereof.  This Agreement shall not
be amended except by a writing signed by both parties or their respective
successors or assigns.

     

             
5.6           Headings. The
section and paragraph headings contained in this Agreement are for reference
purposes only and shall not affect in any way the meaning or interpretations of
this Agreement.

     

             
5.7           Governing
Law.  The situs of this Agreement is New York, New York, and
for all purposes this Agreement will be governed exclusively by and construed
and enforced in accordance with the laws and Courts prevailing in the state of
New York.

     

             
5.8           Notices.  All
notices, requests, demands, and other communication hereunder shall be in
writing and shall be deemed to have been duly given if delivered or mailed
(registered or certified mail, postage prepaid, return receipt requested) as
follows:

    

    If to the Seller:

    Mondo
Management Corp.

    61
Broadway, 32nd
Floor

    New York,
New York, 10006

    Attn:
Darrin Ocasio, Esq.

    

    If to the
Purchaser:

    Midas
Medici Group Holdings Inc.

    445 Park
Avenue, 20th
Floor

    New York,
New York 10022

    

    If to the Issuer:

    Mondo
Acquisition I, Inc.

    61
Broadway, 32nd
Floor

    New York,
New York, 10006

    Attn:
Jeffrey J. Fessler, Esq.

     

     

             
5.9           Effect.  In
the event any portion of this Agreement is deemed to be null and void under any
state, provincial, or federal law, all other portions and provisions not deemed
void or voidable shall be given full force and effect.

     

           
5.10           Counterparts.  This
Agreement may be executed in one or more counterparts and by transmission of a
facsimile or digital image containing the signature of an authorized person,
each of which shall be deemed and accepted as an original, and all of which
together shall constitute a single instrument.  Each party represents
and warrants that the person executing on behalf of such party has been duly
authorized to execute this Agreement.

    

     (signature
page follows)

    

    

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

     

    

    

    IN
WITNESS WHEREOF, this Agreement has been duly executed and delivered by the
Seller, the Purchaser and the Issuer on the date first written
above.

    

    

    SELLER:

    

    MONDO
MANAGEMENT CORP.

    

    _/s/
Darrin M. Ocasio_____________________

    By:  Darrin
M. Ocasio

    Its:  President

    

    

     ISSUER:

    

    

    MONDO
ACQUISITION I, INC.

    

    

    _/s/
Jeffrey J. Fessler________________________

    By:  Jeffrey
J. Fessler

    Its:  President

    

    

    

    PURCHASER:

    

    MIDAS
MEDICI GROUP HOLDINGS INC.

    

    

    ____________________________________

    

    By:

    Its:

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