Document:

Unassociated Document

     

     

    Exhibit
      10.1

    CLIENT
      ESCROW AGREEMENT

     

    THIS
      CLIENT ESCROW AGREEMENT (this “Client
      Escrow Agreement”)
      made
      as of December 17, 2007, by and among United Benefits & Pension Services,
      Inc., a Delaware corporation (the “Parent”),
      Tom
      Weston (“Stockholders’
      Representative”,
      and
      together with Parent, sometimes referred to individually as “Party”
or collectively
      as the “Parties”), and JPMorgan Chase Bank, N.A., as escrow agent (the
“Escrow
      Agent”).
      

     

    WITNESSETH

     

    WHEREAS,
      the Parent, the Merger Sub, Associated Third Party Administrators (the
“Company”)
      and
      the Principal Stockholders have entered into a certain Agreement and Plan of
      Merger, dated as of November 30, 2007 (the “Merger
      Agreement”)
      (capitalized terms used but not otherwise defined herein shall have the meanings
      attributed to them in the Merger Agreement); and

     

    WHEREAS,
      in order to secure the Parent against (i) losses caused by the termination
      of
      the Company’s services provided to any Key Client following the consummation of
      the Merger; (ii) increases in costs to the Company following the consummation
      of
      the Merger as a result of the Company’s negotiation of collective bargaining
      agreements with the Subject Unions; (iii) certain Damages as a result of the
      UFCW Claim; (iv) Damages resulting from the claim (the “E&O
      Claim”)
      made
      by the Western Conference of Teamsters Group Legal Services Fund based on claims
      processing errors, to the extent damages exceed the Company’s errors and
      omissions insurance policy deductible; and (v) certain liabilities that may
      arise under or by virtue of the breach by the Company or any of the Principal
      Stockholders of any of the representations and warranties made by the Company
      and/or the Principal Stockholders in the Merger Agreement, the Merger Agreement
      requires that a portion of the Cash Consideration payable to all Company
      Stockholders be delivered to the Escrow Agent and held in escrow by the Escrow
      Agent in accordance with the provisions hereof.

     

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

     

    1. Appointment
      of Escrow Agent.
      The
      Escrow Agent is hereby appointed to act as Escrow Agent hereunder in accordance
      with the terms set forth herein, and the Escrow Agent hereby agrees to accept
      such
      appointment.

     

    2. Deposit
      of Escrow Funds.
      

     

    (a) On
      the
      date hereof, the Parent will deliver to the Escrow Agent an aggregate amount
      of
      Two Million Five Hundred Thousand Dollars ($2,500,000) (the “Escrow
      Deposit”)
      by (i)
      wire transfer of immediately available funds and/or
      (ii) delivery of an executed Secured Promissory Note and Pledge Agreement (in
      substantially the form attached hereto as Exhibit A) (the “Escrow
      Note”)
      in a
      principal amount equal to the difference between $2,500,000 and the amount
      paid
      pursuant to clause (i) above, in each case to be held by the Escrow Agent in
      accordance with the terms set forth herein. In addition, on the date hereof,
      in
      accordance with and subject to the terms and provisions of the Escrow Note,
      the
      Parent will deliver to the Escrow Agent original stock certificate(s)
      representing one million (1,000,000) shares of the Parent’s common stock, par
      value $0.00001 per share (“Parent
      Shares”)
      issued
      to the Escrow Agent, together with undated powers for such shares duly executed
      in blank by the Parent. Pursuant to the Escrow Note, the Parent may prepay
      the
      Escrow Note from time to time, and the amount of such prepayments shall be
      held
      in escrow by the Escrow Agent and be treated as Escrow Funds for all purposes
      of
      this Client Escrow Agreement.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    (b) During
      the term of this Client Escrow Agreement, the Escrow Funds shall be invested
      in
      a trust account at JPMorgan Chase Bank, N.A. (“Trust Account”), segregated apart
      from the general funds of JPMorgan Chase Bank, N.A. or which it deposits in
      another institution to the credit of itself as trustee or other fiduciary,
      unless otherwise instructed in writing by the Parties and as shall be acceptable
      to the Escrow Agent, pending disbursement pursuant to this Escrow Agreement.
      The
      Escrow Agent will provide compensation on balances in the Escrow Funds at a
      rate
      determined by the Escrow Agent from time to time, which shall consist of
      interest earned on the Escrow Funds held in the Trust Account. The Escrow Agent
      shall not have any liability for any loss sustained as a result of any
      investment made pursuant to the terms of this Client Escrow Agreement. The
      Escrow Agent shall have the right to liquidate any investments held in order
      to
      provide funds necessary to make required payments under this Client Escrow
      Agreement. For purposes hereof, “Escrow
      Funds”
means
      all cash portions of the Escrow Deposit delivered to the Escrow Agent pursuant
      to Section 2(a)(i), along with all interest accrued thereon.

    

    3. Release
      of
      Escrow Funds.
      Subject
      to Section 3(g) and Section 22 below, the Escrow Funds shall be distributed
      by
      Escrow Agent as follows:

     

    (a) If
      Parent
      and the Stockholders’ Representatives shall at any time jointly direct Escrow
      Agent in writing to distribute some or all Escrow Funds, or if Escrow Agent
      shall have received an order, decree or judgment of a court or arbitrator of
      competent jurisdiction, presented by Parent and/or the Stockholders’
Representative and certified to be final and non-appealable, and directing
      Escrow Agent to distribute some or all Escrow Funds, Escrow Agent shall within
      five (5) Business Days distribute the Escrow Funds as directed in such joint
      written direction, order, decree or judgment. 

     

    (b) At
      any
      time during the period commencing on the date of this Client Escrow Agreement
      and terminating at 5:00 p.m. EST on (y) the second anniversary of the date
      hereof, or (z) in the event that the Parent exercises its right to extend the
      term of this Client Escrow Agreement pursuant to Section 3(d), the third
      anniversary of the date hereof, Parent may give to the Stockholders’
Representative and the Escrow Agent a Claim Notice in substantially the form
      of
      Exhibit 1 describing in reasonable detail the facts giving rise to a claim
      for
      the release of the Escrow Funds (or any portion thereof) pursuant to Subsections
      2.5(b), (c), and/or (d) of the Merger Agreement and/or Section 10.4(b) of the
      Merger Agreement, which shall include the amount and the method of computation
      of the amount of such claim, and a reference to the provision of the Merger
      Agreement upon which such claim is based. In the event that the Stockholders’
Representative shall fail, within ten (10) Business Days after the receipt
      by
      him of any Claim Notice, to deliver to the Parent and the Escrow Agent a written
      notice (the “Objection
      Notice”)
      denying that the claim stated in the Claim Notice, or any portion thereof,
      is
      due and payable to Parent and setting forth in reasonable detail the reasons
      for
      such denial, the Escrow Agent shall, on the twelfth (12th)
      Business Day after receipt by the Escrow Agent of such Claim Notice,
      automatically withdraw from the Escrow Funds and transfer to the Parent the
      amount set forth in the Claim Notice. In the event that the Stockholders’
Representative shall, within ten (10) Business Days after the receipt by it
      of a
      Claim Notice, deliver an Objection Notice to the Parent and the Escrow Agent,
      the Escrow Agent shall retain as Escrow Funds the amount set forth in the
      Objection Notice (the “Disputed
      Amount”)
      until
      otherwise directed by a written instrument signed by the Stockholders’
Representative and the Parent or by an order, decree or judgment of a court
      or
      arbitrator of competent jurisdiction, presented by the prevailing party and
      certified to be final and non-appealable. In the event that the Parent becomes
      entitled to receive any amount of the Escrow Funds in satisfaction of a claim
      set forth in a Claim Notice, the Escrow Agent shall promptly transfer to the
      Parent the amount then held in the Escrow Funds sufficient (to the extent such
      funds are available in the Escrow Fund for distribution) to comprise the amount
      necessary to satisfy such claim. 

     

    
      
        
        

      

      
        -2-

        
          

        

      

      
        
        

      

    

     

    (c) On
      the
      second anniversary of the date hereof, or in the event that Parent shall have
      exercised its right to extend the term of this Client Escrow Agreement pursuant
      to Section 3(d), the earlier to occur of (i) the third anniversary of the date
      hereof, or (ii) the fifteenth day after receipt by the Escrow Agent of a Claim
      Notice (during the Extension Term, as hereinafter defined) pursuant to Section
      3(b) of this Client Escrow Agreement, the Escrow Agent shall automatically,
      without further action or notice from or by the Parent or the Stockholders’
Representative, distribute the then-current balance of the Escrow Funds, less
      all Disputed Amounts (if any), which the Escrow Agent shall continue to hold
      in
      accordance with the provisions of this Client Escrow Agreement, to Sweeney
      and
      the Company Stockholders, as the case may be, provided,
      however,
      that if
      the Escrow Agent receives a Term Extension Notice (as hereinafter defined),
      within ten (10) days before the second anniversary of the date hereof, the
      Escrow Agent shall continue to hold the Escrow Funds in accordance with the
      provisions of this Client Escrow Agreement. 

     

    (d) In
      the
      event that the E&O Claim shall not have been fully and finally resolved
      before the second anniversary of the date hereof, the Parent shall have the
      sole
      right to extend the term of this Escrow Agreement until the earlier to occur
      of
      (i) the third anniversary of the date hereof or (ii) the date on which the
      Escrow Agent shall have received written notice from Parent and the
      Stockholders’ Representative stating that the E&O Claim has been fully and
      finally resolved (such period being the “Extension
      Term”),
      by
      giving notice (the “Term
      Extension Notice”)
      in
      substantially the form of Exhibit 2 to the Stockholders’ Representative and the
      Escrow Agent stating that the term of this Escrow Agreement shall be extended
      and describing in reasonable detail the grounds for such extension. For purposes
      of this Section 3, the E&O Claim shall have been “fully and finally
      resolved” upon (y) (A) the entry of an order, decree or judgment of a court or
      arbitrator of competent jurisdiction with respect to the E&O Claim and the
      facts and circumstances giving rise thereto, or (B) the execution and delivery
      by the Company and the Western Conference of Teamsters Group Legal Services
      Fund, its successors or assigns, of a settlement agreement and release with
      respect to any the E&O Claim and the facts and circumstances giving rise
      thereto; and (z) the acceptance or denial by Chubb Group of Insurance Companies
      of the Company’s insurance claim (or any portion thereof) with respect to
      E&O Claim under the Company’s errors and omissions insurance
      policy.

     

    
      
        
        

      

      
        -3-

        
          

        

      

      
        
        

      

    

     

    (e) Any
      funds
      payable to the Company Stockholders pursuant to this Escrow Agreement shall
      (i)
      first be paid by the Escrow Agent to John Sweeney (“Sweeney”)
      in the
      amount specified in the Sweeney Allocation Instructions (as hereinafter
      defined); and (ii) be paid by the Escrow Agent to the Company Stockholders
      by
      check for immediate payment to the order of the recipient; provided,
      that
      prior to making any such payment, the Escrow Agent shall have received written
      instructions (the “Sweeney
      Allocation Instructions”)
      from
      the Stockholders’ Representative specifying the amount of such payment to be
      paid to Sweeney and/or the Company Stockholders, respectively, it being
      acknowledged and agreed that the Stockholders’ Representative shall not
      designate any funds for payment to the Company Stockholders until the Company’s
      indebtedness (including the principal amount and all interest accrued thereon)
      under that certain Promissory Note (the “Sweeney
      Note”),
      dated
      as of the date hereof, by the Company in favor of Sweeney, including interest,
      shall have been satisfied in full. Any and all payments to the Company
      Stockholders shall be in the proportions and to the addresses set forth on
      Schedule
      1
      hereto,
      less such amounts as the Stockholders’ Representative, by written notice to the
      Escrow Agent, shall direct to be paid to BKR International Mergers &
Acquisitions Group, LLC, in payment of its fees payable by the Company
      Stockholders in connection with the Merger. Any and all payments to the Parent
      shall be paid directly to Parent at the account listed on Schedule
      2
      hereto,
      or to such other account as the Parent (or its successors) may designate. Any
      and all payments to Sweeney shall be paid directly to Sweeney at the account
      listed on Schedule
      3
      hereto,
      or to such other account as the Stockholder Representative may
      designate.

     

    (f) Any
      Claim
      Notice or other written instruction which directs the Escrow Agent to disburse
      all or a portion of the Escrow Funds shall specify the amount of such
      disbursement to be paid out of the Escrow Deposit and the amount of such
      disbursement to be paid out of the interest or other income earned on the Escrow
      Deposit, it being acknowledged and agreed that all payments made pursuant to
      this Client Escrow Agreement shall first be deducted from the Escrow
      Deposit.

     

    (g) In
      the
      event that the Escrow Agent is required or directed to make a payment to either
      the Parent or the Company Stockholders hereunder and, at the time of such
      payment, any amounts remain outstanding under the Escrow Note, then such
      payments shall be made as follows:

     

    (i) In
      the
      event of a payment to Parent, the amount of such payment shall be paid (A)
      first, by reduction of any accrued and unpaid interest pursuant to the Escrow
      Note, (B) second, by reduction of any outstanding principal amount due pursuant
      to the Escrow Note and (C) thereafter, by payment of Escrow Funds in accordance
      with the terms hereof.

     

    (ii)
       In
      the
      event of a payment to the Company Stockholders, the amount of such payment
      shall
      be paid (A) first, by payment of Escrow Funds in accordance with the terms
      hereof, (B) second, from any accrued and unpaid interest pursuant to the Escrow
      Note and (C) thereafter, from any outstanding principal amount due pursuant
      to
      the Escrow Note.

    
      
        
        

      

      
        -4-

        
          

        

      

      
        
        

      

    

    

    (iii) 
      In the
      event that Parent defaults on its obligation to make timely payment to the
      Escrow Agent pursuant to the Escrow Note of any amounts due pursuant to clauses
      (B) and/or (C) of Section 3(g)(ii) above, and the Stockholders’ Representative
      exercises its rights to foreclose upon the shares of Parent’s common stock, par
      value $0.00001 per share, (“Parent Shares”) in accordance with the terms of the
      Escrow Note, following such foreclosure the Stockholders’ Representative shall
      have the right to direct the Escrow Agent to distribute such Parent Shares
      to
      the Company Stockholders in the proportions set forth herein with respect to
      the
      distribution of Escrow Funds. Escrow Agent shall have the right to rely on
      such
      letter of instructions from Stockholders’ Representative and shall not be
      responsible for the allocation of the Parent Shares amongst the Company
      Stockholders.

    

    (h) In
      the
      event of (i) any prepayments of the Escrow Note by Parent pursuant to the Escrow
      Note or (ii) any reductions of the principal amount due pursuant to the Escrow
      Note in accordance with Section 3(g) above, the Escrow Agent shall release
      and
      return to Parent a number of Parent Shares as determined and instructed jointly
      by the Parties, all which shall be in accordance with the Escrow
      Note.

     

    (i) Any
      distribution of Parent Shares hereunder shall be made by the Escrow Agent
      delivering to Purchaser or Stockholders’ Representative the applicable number of
      shares as set forth in such written notice delivered to the Escrow Agent by
      the
      Parties. When the Escrow Agent is directed to make a release of Parent Shares
      pursuant to the terms of this Agreement, the Escrow Agent shall deliver such
      Parent Shares to Parent with a request to break such shares into the appropriate
      denominations and registration as directed in the written notice delivered
      by
      Parties to the Escrow Agent. The Escrow Agent shall not be responsible for
      the
      disposition of the Parent Shares while such Parent Shares are being held outside
      of JPMorgan Chase Bank, N.A. The Escrow Agent shall not be responsible for
      the
      calculation or determination of the number of Escrow Shares be distributed
      to
      Purchaser or the Company Stockholders under this Agreement.

     

    4. Escrow
      Agent.
      

     

    (a) The
      Escrow Agent undertakes to perform only such duties as are expressly set forth
      herein and no duties shall be implied. The Escrow Agent shall have no liability
      under and no duty to inquire as to the provisions of any agreement other than
      this Client Escrow Agreement. The
      Escrow Agent shall neither be responsible for, nor chargeable with, knowledge
      of, nor have any requirements to comply with, the terms and conditions of any
      other agreement, instrument or document between the Parties, in connection
      herewith, if any, including without limitation the Merger Agreement
      (the
“Underlying
      Agreement”),
      nor
      shall the Escrow Agent be required to determine if any person or entity has
      complied with any such agreements, nor shall any additional obligations of
      the
      Escrow Agent be inferred from the terms of such agreements, even though
      reference thereto may be made in this Client Escrow Agreement. In the event
      of
      any conflict between the terms and provisions of this Client Escrow Agreement,
      those of the
      Underlying Agreement,
      any
      schedule or exhibit attached to the Client Escrow Agreement, or any other
      agreement among the Parties, the terms and conditions of this Client Escrow
      Agreement shall control. 

    
      
        
        

      

      
        -5-

        
          

        

      

      
        
        

      

    

     

    (b) The
      Escrow Agent may rely upon and shall not be liable for acting or refraining
      from
      acting upon any written notice, instruction or request furnished to it hereunder
      and reasonably believed by it to be genuine and to have been signed or presented
      by the proper party or parties. The Escrow Agent shall be under no duty to
      inquire into or investigate the validity, accuracy or content of any such
      document. The Escrow Agent shall have no duty to solicit any payments which
      may
      be due it or the Escrow Funds. 

    

    (c) The
      Escrow Agent shall not be liable for any action taken or omitted by it in good
      faith except to the extent that a court of competent jurisdiction determines
      that the Escrow Agent's gross negligence or willful misconduct was the primary
      cause of any loss to the Parent, Sweeney or the Company Stockholders. The Escrow
      Agent may execute any of its powers and perform any of its duties hereunder
      directly or through agents or attorneys (and shall be liable only for the
      careful selection of any such agent or attorney) and may consult with counsel,
      accountants and other skilled persons to be selected and retained by it. The
      Escrow Agent shall not be liable for anything done, suffered or omitted in
      good
      faith by it in accordance with the advice or opinion of any such counsel,
      accountants or other skilled persons. In the event that the Escrow Agent shall
      be uncertain as to its duties or rights hereunder or shall receive instructions,
      claims or demands from any party hereto which, in its opinion, conflict with
      any
      of the provisions of this Client Escrow Agreement, it shall be entitled to
      refrain from taking any action and its sole obligation shall be to hold safely
      all the Escrow Funds until it shall be directed otherwise in writing by the
      Parent and the Stockholders’ Representative jointly or by a final order or
      judgment of a court of competent jurisdiction. The
      Parties agree to pursue any redress or recourse in connection with any dispute
      without making the Escrow Agent a party to the same, except where the Escrow
      Agent is a necessary party or is otherwise required by law to be a party to
      such
      dispute. 

    

    (d) Anything
      in this Client Escrow Agreement to the contrary notwithstanding, in no event
      shall the Escrow Agent be liable for special, indirect or consequential loss
      or
      damage of any kind whatsoever (including but not limited to lost profits),
      even
      if the Escrow Agent has been advised of the likelihood of such loss or damage
      and regardless of the form of action.

    
      
        
        

      

      
        -6-

        
          

        

      

      
        
        

      

    

    

    5. Succession.
      The
      Escrow Agent may resign and be discharged from its duties or obligations
      hereunder by giving 30 days advance notice in writing of such resignation to
      the
      Parent and the Stockholders’ Representative specifying a date when such
      resignation shall take effect. The Parent and the Stockholders’ Representative
      shall use their best efforts to mutually agree on a successor escrow agent
      within thirty (30) days after receiving such notice. The
      successor escrow agent shall execute and deliver an instrument accepting such
      appointment and it shall, without further acts, be vested with all the estates,
      properties, rights, powers and duties of the predecessor escrow agent as if
      originally named escrow agent. If
      the
      Parties have failed to appoint a successor escrow agent prior to the expiration
      of thirty
      (30)
      days
      following receipt of the notice of resignation, the Escrow Agent may petition
      any court of competent jurisdiction for the appointment of a successor escrow
      agent or for other appropriate relief, and any such resulting appointment shall
      be binding upon all of the parties hereto. Escrow Agent’s sole responsibility
      after such thirty (30) day notice period expires shall be to hold the Escrow
      Funds (without any obligation to reinvest the same) and, if applicable, the
      Escrow Note, and to deliver the same to a designated substitute escrow agent,
      if
      any, or in accordance with the directions of a final order or judgment of a
      court of competent jurisdiction, at which time of delivery Escrow
      Agent’s obligations hereunder shall cease and terminate, subject to the
      provisions of Sections 7 and 8
      hereunder.
      The
      Escrow Agent shall have the right to withhold an amount equal to any amount
      due
      and owing to the Escrow Agent, plus any costs and expenses the Escrow Agent
      shall reasonably believe may be incurred by the Escrow Agent in connection
      with
      the termination of the Client Escrow Agreement. Any corporation or association
      into which the Escrow Agent may be merged or converted or with which it may
      be
      consolidated, or any corporation or association to which all or substantially
      all the escrow business of the Escrow Agent’s line of business may be
      transferred, shall be the Escrow Agent under this Client Escrow Agreement
      without further act.

     

    6. Fees.
      The
      Parent and the Stockholders’ Representative agree jointly and severally to (i)
      pay the Escrow Agent upon execution of this Client Escrow Agreement and from
      time to time thereafter reasonable compensation for the services to be rendered
      hereunder, which unless otherwise agreed in writing shall be as described in
      Schedule
      3
      attached
      hereto, and (ii) pay or reimburse the Escrow Agent upon request for all
      expenses, disbursements and advances, including reasonable attorney's fees
      and
      expenses, incurred or made by it in connection with the preparation, execution,
      performance, delivery, modification and termination of this Client Escrow
      Agreement. The Escrow Agent is hereby authorized to withdraw such compensation
      and reimbursable amounts directly from the Escrow Funds.

     

    7. Indemnity.
      The
      Parent and the Stockholders’ Representative shall jointly and severally
      indemnify, defend and save harmless the Escrow Agent
      and its
      directors, officers, agents and employees from all loss, liability or expense
      (including the fees and expenses of in house or outside counsel) arising out
      of
      or in connection with (i) the Escrow Agent's execution and performance of this
      Client Escrow Agreement, except in the case of any indemnitee to the extent
      that
      such loss, liability or expense is finally adjudicated by a court of competent
      jurisdiction to have been primarily caused by the gross negligence or willful
      misconduct of such indemnitee, or (ii) its following any instructions or other
      directions from the Parent or the Stockholders’ Representative, except to the
      extent that its following any such instruction or direction is expressly
      forbidden by the terms hereof. The parties hereto acknowledge that the foregoing
      indemnities shall survive the resignation or removal of the Escrow Agent or
      the
      termination of this Client Escrow Agreement. The Parent and the Stockholders’
Representative hereby grant the Escrow Agent a lien on, right of set-off against
      and security interest in the Escrow Fund and the Escrow Note for the payment
      of
      any claim for indemnification, compensation, expenses and amounts due
      hereunder.

     

    
      
        
        

      

      
        -7-

        
          

        

      

      
        
        

      

    

     

    8. Security
      Procedures.
      In the
      event funds transfer instructions are given (other than in writing at the time
      of execution of this Client Escrow Agreement, as indicated in Schedule
      1,
      Schedule
      2
      and
Schedule
      3
      attached
      hereto), whether in writing or by telecopier, the Escrow Agent is authorized
      to
      seek confirmation of such instructions by telephone call-back to the person
      or
      persons designated on Schedule
      4
      hereto
      (each an “Authorized
      Representative”,
      collectively, the “Authorized
      Representatives”),
      and
      the Escrow Agent may rely upon the confirmation of anyone purporting to be
      the
      person or persons so designated. Each funds transfer instruction shall be
      executed by an authorized signatory. The undersigned is authorized to certify
      that the Authorized Representatives are authorized signatories. The Authorized
      Representatives and telephone numbers for call-backs may be changed only in
      a
      writing actually received and acknowledged by the Escrow Agent. If the Escrow
      Agent is unable to contact any of the Authorized Representatives, the Escrow
      Agent is hereby authorized to seek confirmation of such instructions by
      telephone call-back to the Stockholders’ Representative or any one or more of
      the managers of the Parent (the “Executive
      Officers”)
      as the
      Escrow Agent may select. Such Executive Officers shall deliver to the Escrow
      Agent a fully executed Incumbency Certificate, and the Escrow Agent may rely
      upon the confirmation of anyone purporting to be any such officer. The Escrow
      Agent and the beneficiary's bank in any funds transfer may rely solely upon
      any
      account numbers or similar identifying numbers provided by the Parent or the
      Stockholders’ Representative to identify (i) the beneficiary, (ii) the
      beneficiary's bank, or (iii) an intermediary bank. The Escrow Agent may apply
      any of the Escrow Funds for any payment order it executes using any such
      identifying number, even when its use may result in a person other than the
      beneficiary being paid, or the transfer of funds to a bank other than the
      beneficiary's bank or an intermediary bank designated. The parties to this
      Client Escrow Agreement acknowledge that these security procedures are
      commercially reasonable.

     

    9. Termination.
      This
      Client Escrow Agreement shall automatically, without any action by the Parent
      or
      the Stockholders’ Representative, be terminated upon the disbursement by the
      Escrow Agent of all the Escrow Funds pursuant to the terms herein.

     

    10. Notices.
      

     

    (a) All
      communications hereunder shall be in writing and shall be deemed to be duly
      given and received:

     

    (i)
      upon
      delivery if delivered personally or upon confirmed transmittal if by
      facsimile;

     

    (ii)
      on
      the next Business Day (as hereinafter defined) if sent by overnight courier;
      or

     

    (iii)
      four (4) Business Days after mailing if mailed by prepaid registered mail,
      return receipt requested, to the appropriate notice address set forth below
      or
      at such other address as any party hereto may have furnished to the other
      parties in writing by registered mail, return receipt requested.

     

    (b) Notwithstanding
      the above, in the case of communications delivered to the Escrow Agent pursuant
      to (ii) and (iii) of this Section 8, such communications shall be deemed to
      have
      been given on the date received by the Escrow Agent. In the event that the
      Escrow Agent, in its sole discretion, shall determine that an emergency exists,
      the Escrow Agent may use such other means of communication as the Escrow Agent
      reasonably deems appropriate.

     

    
      
        
        

      

      
        -8-

        
          

        

      

      
        
        

      

    

     

    (c) "Business
      Day" shall mean any day other than a Saturday, Sunday or any other day on which
      the Escrow Agent located at the notice address set forth below is authorized
      or
      required by law or executive order to remain closed.

     

    (d) All
      communications under this Client Escrow Agreement shall be delivered to the
      following address:

    
      

        
          	
                  If
                    to the Parent:

                
	 
	
                  United
                    Benefits & Pension Services, Inc.

                
	
                  501
                    Kings Highway East, Suite 108

                
	
                  Fairfield,
                    Connecticut 06825

                
	
                  Facsimile:
                    

                	
                  (203)
                    254-0069

                
	
                  Telephone:
                    

                	
                  (203)
                    254-0071

                
	 
	
                  With
                    a simultaneous copy to:

                
	 
	
                  Katten
                    Muchin Rosenman LLP

                
	
                  575
                    Madison Avenue

                
	
                  New
                    York, New York 10022

                
	
                  Attention:
                    Howard S. Jacobs, Esq.

                
	
                   

                	
                  Wayne
                    A. Wald, Esq.

                
	
                  Facsimile:
                    

                	
                  (212)
                    940-8776

                
	
                  Telephone:
                    

                	
                  (212)
                    940-8508

                
	 
	
                  If
                    to the Stockholders’ Representative:

                
	 
	
                  Tom
                    Weston (CONFIDENTIAL)

                
	
                  1255
                    Canyon Side Avenue

                
	
                  San
                    Ramon, CA 94586]

                
	
                  Telephone:

                	
                  (510)
                    220-2339

                
	 
	
                  with
                    copies to:

                
	 
	
                  Shapiro
                    Buchman Provine Patton LLP

                
	
                  1333
                    N. California Boulevard, Suite 350

                
	
                  Walnut
                    Creek, California 94596

                
	
                  Attention:
                    John W. Carr, Esq.

                
	
                   

                	
                  Robert
                    W. Shapiro, Esq.

                
	
                  Facsimile:
                    

                	
                  (925)
                    944-9701

                
	
                  Telephone:
                    

                	
                  (925)
                    944-9700

                
	 
	
                  If
                    to the Escrow Agent:

                
	 
	
                  JPMorgan
                    Chase Bank, N.A.

                
	
                  Worldwide
                    Securities Services

                
	
                  4
                    New York Plaza – 21st
                    Floor

                

        

      

       

      
        
          
          

        

        
          -9-

          
            

          

        

        
          
          

        

      

      

      
        	
                New
                  York, NY 10004

              
	
                Attention:
                  Audrey Mohan/Debbie DeMarco

              
	
                Facsimile:
                  

              	
                (212)623-6168

              
	
                Telephone:
                  

              	
                212-623-5087/6742

              

      

    

    

    11. Amendments
      and Waivers.
      Any
      term of this Client Escrow Agreement may be amended with the written consent
      of
      the parties or their respective successors and assigns. Any amendment or waiver
      effected in accordance with this Section 11 shall be binding upon the
      parties and their respective successors and assigns.

     

    12. Successors
      and Assigns.
      The
      terms and conditions of this Client Escrow Agreement shall inure to the benefit
      of and be binding upon the parties and their successors and assigns.
Nothing
      in this Client Escrow Agreement, express or implied, is intended to confer
      upon
      any party other than the parties hereto or their respective successors and
      assigns any rights, remedies, obligations, or liabilities under or by
      reason of this Client Escrow Agreement, except as expressly provided in this
      Escrow Agreement. The term “Escrow Agent” as used herein shall also refer to the
      successors and assigns of Escrow Agent, including, without limitation, a
      receiver, trustee, custodian or debtor-in-possession. No party to this Client
      Escrow Agreement may assign any of its rights or obligations under this Client
      Escrow Agreement without the written consent of the other parties.  

     

    13. Titles
      and Subtitles.
      The
      titles and subtitles used in this Client Escrow Agreement are used for
      convenience only and are not to be considered in construing or interpreting
      this Client Escrow Agreement.

     

    14. Severability.
      If one
      or more provisions of this Client Escrow Agreement are held to be unenforceable
      under applicable law, the parties agree to renegotiate such provision in good
      faith. In the event that the parties cannot reach a mutually agreeable and
      enforceable replacement for such provision, then (i) such provision shall
      be excluded from this Escrow Agreement, (ii) the balance of this Client
      Escrow Agreement shall be interpreted as if such provision were so excluded
      and
      (iii) the balance of this Client Escrow Agreement shall be enforceable in
      accordance with its terms.

     

    15. Entire
      Agreement.
      This
      Client Escrow Agreement and the documents referred to herein are the product
      of
      all of the parties hereto, constitute the entire agreement between such parties
      pertaining to the subject matter hereof and thereof, and merge all prior
      negotiations and drafts of the parties with regard to the transactions
      contemplated herein and therein. Any and all other written or oral agreements
      existing among the parties hereto regarding such transactions are expressly
      canceled. For avoidance of doubt, notwithstanding the provisions of this Section
      15, the Revenue Escrow Agreement shall not be merged with or cancelled by this
      Agreement.

     

    16. Counterparts.
      This
      Client Escrow Agreement may be executed in a number of identical counterparts
      but all counterparts shall constitute one agreement. All signatures of the
      parties to this Client Escrow Agreement may be transmitted by facsimile, and
      such facsimile will, for all purposes, be deemed to be the original signature
      of
      such party whose signature it reproduces, and will be binding upon such
      party.

     

    
      
        
        

      

      
        -10-

        
          

        

      

      
        
        

      

    

     

    17. Governing
      Law.
      This
      Client Escrow Agreement and all acts and transactions pursuant hereto and the
      rights and obligations of the parties hereto shall be governed, construed and
      interpreted in accordance with the laws of the State of New York, without giving
      effect to principles of conflicts of law. 

     

    18. Consent
      to Jurisdiction; Waiver of Jury Trial.
      Each of
      the parties hereto hereby irrevocably consents to the exclusive jurisdiction
      of
      the courts of the State of New York and the United States District Court for
      the
      Southern District of New York and waives trial by jury in any action or
      proceeding with respect to this Escrow Agreement.

     

    19. Miscellaneous.
      No
      party to this Client Escrow Agreement is liable to any other party for losses
      due to, or if it is unable to perform its obligations under the terms of this
      Escrow Agreement because of, acts of God, fire, war, terrorism, floods, strikes,
      electrical outages, equipment or transmission failure, or other causes
      reasonably beyond its control. Receipt
      and release of the Escrow Funds shall be confirmed by Escrow Agent as soon
      as
      practicable by account statement, and any discrepancies in any such account
      statement shall be noted by the Parent and the Stockholders’ Representative
      within 30 calendar days after receipt thereof. Failure to inform Escrow Agent
      in
      writing of any discrepancies in any such account statement within said 30-day
      period shall conclusively be deemed confirmation of such account statement
      in
      its entirety.

     

    20. Compliance
      with Court Orders.
      In the
      event that any escrow property shall be attached, garnished or levied upon
      by
      any court order, or the delivery thereof shall be stayed or enjoined by an
      order
      of a court, or any order, judgment or decree shall be made or entered by any
      court order affecting the property deposited under this Client Escrow Agreement,
      the Escrow Agent is hereby expressly authorized to obey and comply with all
      writs, orders or decrees so entered or issued, which it is advised by legal
      counsel is binding upon it, and in the event that the Escrow Agent obeys or
      complies with any such writ, order or decree it shall not be liable to any
      of
      the parties hereto or to any other person, firm or corporation, by reason of
      such compliance notwithstanding such writ, order or decree be subsequently
      reversed, modified, annulled, set aside or vacated.

     

    21. Patriot
      Act Disclosure/Taxpayer Identification Number/Tax Reporting.
      Section
      326 of the Uniting and Strengthening
      America by Providing Appropriate Tools Required to Intercept and Obstruct
      Terrorism Act of 2001 (“USA
      PATRIOT Act”)
      requires the Escrow Agent to implement reasonable procedures to verify the
      identity of any person that opens a new account with it. Accordingly, the
      Parties acknowledge that Section 326 of the USA PATRIOT Act and the Escrow
      Agent’s identity verification procedures require the Escrow Agent to obtain
      information which may be used to confirm the Parties’ identities including
      without limitation name, address and organizational documents (“Identifying
      Information”).
      The
      Parties agree to provide the Escrow Agent with and consent to the Escrow Agent
      obtaining from third parties any such Identifying Information required as a
      condition of opening an account with or using any service provided by the Escrow
      Agent. 

     

    
      
        
        

      

      
        -11-

        
          

        

      

      
        
        

      

    

     

    22. Tax
      Reporting.
      Prior
      to execution of this Client Escrow Agreement, Parent, Stockholders’
Representative, for itself and each Stockholder, shall provide the Escrow Agent
      with a fully executed W-8 or W-9 Internal Revenue Service form, which shall
      include their Tax Identification Number (TIN) as assigned by the Internal
      Revenue Service. 

     

    The
      Parent and Stockholders’ Representative further represent to the Escrow Agent
      that the transaction memorialized in the Merger Agreement does not constitute
      an
      installment sale requiring any tax reporting or withholding of imputed interest
      or original issue discount to the IRS or other taxing authority.

     

    To
      the
      extent that any portion of the principal amount of the Escrow Deposit represents
      part or all of the purchase price for shares of stock under the Merger
      Agreement, Stockholders’ Representative shall provide on or before the effective
      date of the Client Escrow Agreement and at appropriate times thereafter,
      including prior to any disbursement, all information required for Escrow Agent
      to perform tax reporting on IRS Form 1099-B, to the extent required by law.
      Unless otherwise directed in a joint written instruction executed by the Parent
      and Stockholders’ Representative, Escrow Agent shall report to the IRS and as
      appropriate withhold and remit taxes to the IRS, or any other taxing authority
      as required by law, based upon the information and documentation so provided.
      Escrow Agent shall be entitled to rely on such information and documentation
      and
      shall not be responsible for and shall be indemnified by Stockholders’
Representative for any additional tax, interest, penalty or withholding arising
      from the inaccuracy or late receipt of such information or documentation.

    

    In
      addition, prior or at the time of any distribution of income from the Escrow
      Funds, the Parties shall provide to the Escrow Agent a detailed schedule
      indicating the allocation of disbursed interest or other income earned under
      the
      Escrow Agreement which shall be reported by the Escrow Agent to the IRS, or
      any
      other taxing authority, on IRS Form 1099 or 1042S (or other appropriate form)
      as
      income earned from the Escrow, to the extent required by law.
      Any
      other tax returns required to be filed will be prepared and filed by Parent
      and
      /or Stockholders’ Representative with the IRS and any other taxing authority as
      required by law. The Parties acknowledge and agree that Escrow Agent shall
      have
      no responsibility for the preparation and/or filing of any income, franchise
      or
      any other tax forms with respect to the Fund or any income earned by the Escrow
      Deposit. The Parties further acknowledge and agree that any taxes payable from
      the income earned on the investment of any sums held in the Escrow Deposit
      shall
      be paid by the recipient thereof. Escrow Agent shall withhold any taxes it
      deems
      appropriate, including but not limited to required withholding in the absence
      of
      proper tax documentation, and shall remit such taxes to the appropriate
      authorities.

     

    [signature
      page to follow]

     

    
      
        
        

      

      
        -12-

        
          

        

      

      
        
        

      

    

    IN
      WITNESS WHEREOF, the parties have duly executed this Client Escrow Agreement
      as
      of the date first hereinabove stated.

     

    
      	
              Escrow
                Agent:

            
	 
	
              
                JPMORGAN
                  CHASE BANK, N. A.

              

            
	 	 
	
              By:

            	
              /s/
                Debra A. DeMarco

            
	
               

            	
              Debra
                A Demarco

            
	 	
              Vice
                President

            
	 
	
              Parent:

            
	 
	
              UNITED
                BENEFITS & PENSION SERVICES, INC.

            
	 
	
              By:

            	
              /s/
                Richard Stierwalt

            
	
              Richard
                Stierwalt

            
	
              Chief
                Executive Officer & President

            
	 
	
              Stockholders’
                Representative:

            
	 	 
	 /s/
              Tom Weston

    

     

    [Signature
      page to Client Escrow Agreement]

    
      
        
        

      

      
        -13-

        
          

        

      

      
        
        

      

    

    Schedule
      1

    

    
      	 	
              Stockholder

            	 	
              Address

            	 	
              Percentage

            
	 	 	 	 	 	 
	 	 	 	 	 	 
	 	 	 	 	 	 
	 	 	 	 	 	 
	 	 	 	 	 	 
	 	 	 	 	 	 
	 	 	 	 	 	 
	 	 	 	 	 	 
	 	 	 	 	 	 
	 	 	 	 	 	 
	 	 	 	 	 	 
	 	 	 	 	 	 
	 	 	 	 	 	 

    

    
      
        
        

      

      
        -14-

        
          

        

      

      
        
        

      

    

    Schedule
      2

    

    Account
      Name: United Benefits & Pension Services, Inc.

    

    Citibank

    399
      Post
      Road West

    Westport,
      Connecticut 06880

    

     Account
      Number: 1050458946

    

     ABA
      Number: 221172610 

    
      
        
        

      

      
        -15-

        
          

        

      

      
        
        

      

    

    Schedule
      3

    

    Fees

     

    
      	
              Administrative
                Fee 

            	 	
              $

            	
              2,,000.00

            	 
	
              Payable
                Upon Account Opening and in Advance each year in which JPMorgan Chase
                Bank, N.A. acts as Escrow Agent, without proration for partial
                year

            

    

    
      
        
        

      

      
        -16-

        
          

        

      

      
        
        

      

    

    Schedule
      4

     

    Telephone
      Numbers for Call-Backs and

    Persons
      Designated to Instruct and Confirm Funds Transfer Instructions

     

    
      	
              If
                to the Parent:

            	 	 	 	 
	
              Name

            	 	
              Telephone
                Number

            	 	
              Signature

            
	 	 	 	 	 
	
              Richard
                E. Stierwalt

            	 	
              (646)
                479-6564

            	 	
              
                
                  _______________________

                

              

            
	 	 	 	 	 
	
              If
                to the Stockholders’ Representative:

            	 	 	 	 
	
              Name

            	 	
              Telephone
                Number

            	 	
              Signature

            
	 	 	 	 	 
	 	 	 	 	
              _______________________

            
	 	 	 	 	 
	 	 	 	 	
              _______________________

            

    

    

    Telephone
      call backs shall be made to both Parent and Stockholders’ Representative if
      joint instructions are required pursuant to the agreement. All
      funds
      transfer instructions must include the signature of the person(s) authorizing
      said funds transfer.

    

    Periodically,
      you may issue payment orders to us to transfer funds by federal funds wire.
      We
      review the orders to determine compliance with the governing documentation
      and
      to confirm signature by the appropriate party, in accordance with the above
      list. Bank policy requires that, where practicable, we undertake callbacks
      to a
      party other than the individual who signed the payment order to verify the
      authenticity of the payment order.

    

    Inasmuch
      as you are the only employee in your office who can confirm wire transfers,
      we
      will call you to confirm any federal funds wire transfer payment order
      purportedly issued by you. Your continued issuance of payment orders to us
      and
      confirmation in accordance with this procedure will constitute your agreement
      (1) to the callback security procedure outlined herein and (2) that the security
      procedure outlined herein constitutes a commercially reasonable method of
      verifying the authenticity of payment orders. Moreover, you agree to accept
      any
      risk associated with a deviation from this bank policy.

    
      
        
        

      

      
        -17-

        
          

        

      

      
        
        

      

    

    Exhibit
      1

    Claim
      Notice

    [insert
      date]

    Stockholder
      Representative

    

    JPMorgan
      Chase Bank

    Worldwide
      Securities Services

    4
      New
      York Plaza – 21st
      Floor

    New
      York,
      NY 10004

    Attn:
      Audrey Mohan/Debbie DeMarco

    

    Dear
      Sir/Madam,

    

    This
      Claim Notice is being delivered pursuant to Section 3(b) of the CLIENT ESCROW
      AGREEMENT (this “Escrow
      Agreement”)
      made
      as of ____ ____, 2007, by and among United Benefits & Pension Services,
      Inc., a Delaware corporation (the “Parent”), Tom Weston (“Stockholders’
      Representative”,
      and
      together with Parent, sometimes referred to individually as “Party”
or collectively
      as the “Parties”), and JPMorgan Chase Bank, N.A., as escrow agent (the
“Escrow
      Agent”).
      

    

    Parent
      hereby gives notice of a Claim in the amount of $[insert amount].

    

    The
      facts
      giving rise to a claim for the release of the Escrow Funds (or any portion
      thereof) pursuant to Subsections 2.5(b), (c), and/or (d) of the Merger Agreement
      and/or Section 10.4 of the Merger Agreement are as follows: 

    [insert
      details]

    

    The
      method of computation of the amount of such claim is as follows: 

    [insert
      details]

    

    In
      the
      event that the Stockholders’ Representative shall fail, within ten (10) Business
      Days after the receipt of this Claim Notice, to deliver to the Parent and the
      Escrow Agent a written notice (the “Objection
      Notice”)
      denying that the claim stated herein, or any portion thereof, is due and payable
      to Parent and setting forth in reasonable detail the reasons for such denial,
      the Escrow Agent shall, on the twelfth (12th)
      Business Day after receipt by the Escrow Agent of such Claim pay the amount
      of
      the Claim to Parent.

    

    
      	
              Sincerely,

            
	 
	
              UNITED
                BENEFITS & PENSION SERVICES, INC.

            
	 
	
              By:

            	 

    

    
      
        
        

      

      
        -18-

        
          

        

      

      
        
        

      

    

    Exhibit
      2

    Term
      Extension Notice

    

    [insert
      date]

    

    Stockholder
      Representative

    

    JPMorgan
      Chase Bank

    Worldwide
      Securities Services

    4
      New
      York Plaza - 21st
      Floor

    New
      York,
      NY 10004

    Attn:
      Audrey Mohan/Debbie DeMarco

    

    Dear
      Sir/Madam,

    

    This
      Term
      Extension Notice is being delivered pursuant to Section 3(d) of the CLIENT
      ESCROW AGREEMENT (this “Escrow
      Agreement”)
      made
      as of ____ ____, 2007, by and among United Benefits & Pension Services,
      Inc., a Delaware corporation (the “Parent”), Tom Weston (“Stockholders’
      Representative”,
      and
      together with Parent, sometimes referred to individually as “Party”
or collectively
      as the “Parties”), and JPMorgan Chase Bank, N.A., as escrow agent (the
“Escrow
      Agent”).
      

    

    Parent
      hereby gives notice that the term of this Escrow Agreement shall be extended
      until the earlier to occur of (i) [insert date] or (ii) the date on which the
      E&O Claim is fully and finally resolved as per written notification from
      Parent.

    

    The
      grounds for such extension are as follows: [insert details]

    

    
      	
              Sincerely,

            
	 
	
              UNITED
                BENEFITS & PENSION SERVICES, INC.

            
	 
	
              By:

            	 

    

     

    
      
        
        

      

      
        -19-

        
          

        

      

      
        
        

      

    

    EXHIBIT
      A

    

    SECURED
      PROMISSORY NOTE AND PLEDGE AGREEMENT

    
      
        
        

      

      
        -20-Exhibit
      10.2

    

    REVENUE
      ESCROW AGREEMENT

     

    THIS
      REVENUE ESCROW AGREEMENT (this “Revenue
      Escrow Agreement”)
      made
      as of December 17, 2007, by and among United Benefits & Pension Services,
      Inc., a Delaware corporation (the “Parent”), Tom Weston (“Stockholders’
      Representative”,
      and
      together with Parent, sometimes referred to individually as “Party”
or collectively
      as the “Parties”) and JPMorgan Chase Bank, N.A., as escrow agent (the
“Escrow
      Agent”).
      

     

    WITNESSETH

     

    WHEREAS,
      the Parent, the Merger Sub, Associated Third Party Administrators (the
“Company”)
      and
      the Principal Stockholders have entered into a certain Agreement and Plan of
      Merger, dated as of November 30, 2007 (the “Merger
      Agreement”)
      (capitalized terms used but not otherwise defined herein shall have the meanings
      attributed to them in the Merger Agreement); and

     

    WHEREAS,
      in order to secure the Parent against downward adjustments in the Purchase
      Price
      and certain liabilities that may arise under or by virtue of the breach by
      the
      Company or any of the Principal Stockholders of any of the representations
      and
      warranties made by the Company and/or the Principal Stockholders in the Merger
      Agreement, the Merger Agreement requires that a portion of the Cash
      Consideration payable to all Company Stockholders be delivered to the Escrow
      Agent and held in escrow by the Escrow Agent in accordance with the provisions
      hereof.

     

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

     

    1.  Appointment
      of Escrow Agent.
      The
      Escrow Agent is hereby appointed to act as Escrow Agent hereunder in accordance
      with the terms set forth herein, and the Escrow Agent hereby agrees to accept
      such
      appointment.

     

    2.  Deposit
      of Escrow Funds.
      

     

    (a)  On
      the
      date hereof, the Parent will deliver to the Escrow Agent an aggregate amount
      of
      One Million Dollars ($1,000,000) (the “Escrow
      Deposit”)
      by
      wire transfer of immediately available funds to be held by the Escrow Agent
      in
      accordance with the terms set forth herein. 

     

    (b)  During
      the term of this Revenue Escrow Agreement, the Escrow Funds shall be invested
      in
      a trust account at JPMorgan Chase Bank, N.A. (“Trust Account”), segregated apart
      from the general funds of JPMorgan Chase Bank, N.A. or which it deposits in
      another institution to the credit of itself as trustee or other fiduciary,
      unless otherwise instructed in writing by the Parties and as shall be acceptable
      to the Escrow Agent
      pending
      disbursement pursuant to this Revenue Escrow Agreement. The
      Escrow Agent will provide compensation on balances in the Escrow Funds at a
      rate
      determined by the Escrow Agent from time to time, which shall consist of
      interest earned on the Escrow Funds held in the Trust Account. The Escrow Agent
      shall not have any liability for any loss sustained as a result of any
      investment made pursuant to the terms of this Revenue Escrow Agreement. The
      Escrow Agent shall have the right to liquidate any investments held in order
      to
      provide funds necessary to make required payments under this Revenue Escrow
      Agreement. For
      purposes hereof, “Escrow
      Funds”
means
      all cash delivered to the Escrow Agent pursuant to Section 2(a), along with
      all
      interest accrued thereon.

     

    
      
        
        

      

      
        -1-

        
          

        

      

      
        
        

      

    

     

    3.  Release
      of
      Escrow Funds.
      Subject
      to Section 22, the Escrow Funds shall be distributed by Escrow Agent as
      follows:

     

    (a)  If
      Parent
      and the Stockholders’ Representative shall at any time jointly direct Escrow
      Agent in writing to distribute some or all Escrow Funds, or if Escrow Agent
      shall have received an order, decree or judgment of a court or arbitrator of
      competent jurisdiction presented by Parent and/or the Stockholders’
Representative and certified to be final and non-appealable, and directing
      Escrow Agent to distribute some or all Escrow Funds, Escrow Agent shall within
      five (5) Business Days distribute the Escrow Funds as directed in such joint
      written direction, order, decree or judgment. 

     

    (b)  At
      any
      time during the term of this Revenue Escrow Agreement prior to the distribution
      of the Escrow Funds pursuant to Section 3(d), Parent may give a Claim Notice
      in
      substantially the form of Exhibit 1 to the Stockholders’ Representative and the
      Escrow Agent In the event that the Stockholders’ Representative shall fail,
      within ten (10) Business Days after the receipt by him of any Claim Notice,
      to
      deliver to the Parent and the Escrow Agent a written notice (the “Objection
      Notice”)
      denying that the claim stated in the Claim Notice, or any portion thereof,
      is
      due and payable to Parent and setting forth in reasonable detail the reasons
      for
      such denial, the Escrow Agent shall, on the twelfth (12th)
      Business Day after receipt by the Escrow Agent of such Claim Notice,
      automatically withdraw from the Escrow Funds and transfer to the Parent the
      amount set forth in the Claim Notice. In the event that the Stockholders’
Representative shall, within ten (10) Business Days after the receipt by it
      of a
      Claim Notice, deliver an Objection Notice to the Parent and the Escrow Agent,
      the Escrow Agent shall retain as Escrow Funds the amount set forth in the
      Objection Notice (the “Disputed
      Amount”)
      until
      otherwise directed by a written instrument signed by the Stockholders’
Representative and the Parent or by an order, decree or judgment of a court
      or
      arbitrator of competent jurisdiction presented by the prevailing party and
      certified to be final and non-appealable. In the event that the Parent becomes
      entitled to receive any amount of the Escrow Funds in satisfaction of a claim
      set forth in a Claim Notice, the Escrow Agent shall promptly transfer to the
      Parent the amount then held in the Escrow Funds sufficient (to the extent such
      funds are available in the Escrow Fund for distribution) to comprise the amount
      necessary to satisfy such claim. 

     

    (c)  The
      Escrow Agent shall, subject to Section 3(e) and Section 22, distribute to the
      Company Stockholders $250,000 of the Escrow Deposit (to the extent, and only
      to
      the extent, that the Escrow Deposit, less any Disputed Amounts and any amounts
      with respect to which the Escrow Agent shall have received a Claim Notice
      pursuant to which the Parent may be entitled to receive a portion of the Escrow
      Funds, exceed $250,000) on March 31, 2008.

     

    
      
        
        

      

      
        -2-

        
          

        

      

      
        
        

      

    

     

    (d)  Pursuant
      to Section 2.4 of the Merger Agreement, promptly following the date on which
      the
      calculation of Fiscal 2008 Revenues becomes final and binding on the parties,
      Parent and the Stockholders’ Representative shall deliver joint written
      instructions (including the amount of any Escrow Funds to be disbursed) (the
      “Revenue
      Notice”)
      to the
      Escrow Agent to disburse the Escrow Funds to the appropriate parties, and the
      Escrow Agent shall, within five (5) Business Days after the Escrow Agent’s
      receipt thereof, withdraw from the then-current balance of the Escrow Funds
      on
      such date, less all Disputed Amounts (if any), the amount set forth in such
      Revenue Notice (to the extent such funds are available in the Escrow Fund for
      distribution) and transfer such amount to the parties set forth therein. The
      Escrow Agent shall continue to hold such Disputed Amounts in accordance with
      the
      provisions of this Revenue Escrow Agreement.

     

    (e)  Any
      funds
      payable to the Company Stockholders shall be paid by the Escrow Agent by check
      mailed via first class mail for immediate payment to the order of the recipient.
      Any and all payments to the Company Stockholders shall be in the proportions
      and
      to the addresses set forth on Schedule
      1
      hereto,
      less such amounts as the Stockholders’ Representative, by written notice to the
      Escrow Agent, shall direct to be paid to BKR International Mergers &
Acquisitions Group, LLC, in payment of its fees payable to the Company
      Stockholders in connection with the Merger. Any and all payments to the Parent
      shall be paid directly to Parent at the account listed on Schedule
      2
      hereto,
      or to such other account as the Parent (or its successors) may
      designate.

     

    (f)  Any
      Claim
      Notice or Revenue Notice or other written instruction which directs the Escrow
      Agent to disburse all or a portion of the Escrow Funds shall specify the amount
      of such disbursement to be paid out of the Escrow Deposit and the amount of
      such
      disbursement to be paid out of the interest or other income earned on the Escrow
      Deposit, it being acknowledged and agreed that all payments made pursuant to
      this Client Escrow Agreement shall first be deducted from the Escrow
      Deposit.

     

    4.  Escrow
      Agent.
      

     

    (a) The
      Escrow Agent undertakes to perform only such duties as are expressly set forth
      herein and no duties shall be implied. The Escrow Agent shall have no liability
      under and no duty to inquire as to the provisions of any agreement other than
      this Revenue Escrow Agreement. The
      Escrow Agent shall neither be responsible for, nor chargeable with, knowledge
      of, nor have any requirements to comply with, the terms and conditions of any
      other agreement, instrument or document between the Parties, in connection
      herewith, if any, including without limitation the Merger Agreement
      (the
“Underlying
      Agreement”),
      nor
      shall the Escrow Agent be required to determine if any person or entity has
      complied with any such agreements, nor shall any additional obligations of
      the
      Escrow Agent be inferred from the terms
      of such
      agreements, even though reference
      thereto may be made in this Revenue Escrow Agreement. In the event of any
      conflict between the terms and provisions of this Revenue Escrow Agreement,
      those of the
      Underlying Agreement,
      any
      schedule or exhibit attached to the Revenue Escrow Agreement, or any other
      agreement among the Parties, the terms and conditions of this Revenue Escrow
      Agreement shall control.

     

    
      
        
        

      

      
        -3-

        
          

        

      

      
        
        

      

    

     

    (b) The
      Escrow Agent may rely upon and shall not be liable for acting or refraining
      from
      acting upon any written notice, instruction or request furnished to it hereunder
      and reasonably believed by it to be genuine and to have been signed or presented
      by the proper party or parties. The Escrow Agent shall be under no duty to
      inquire into or investigate the validity, accuracy or content of any such
      document. The Escrow Agent shall have no duty to solicit any payments which
      may
      be due it or the Escrow Funds. 

    

    (c) The
      Escrow Agent shall not be liable for any action taken or omitted by it in good
      faith except to the extent that a court of competent jurisdiction determines
      that the Escrow Agent's gross negligence or willful misconduct was the primary
      cause of any loss to the Parent or the Company Stockholders. The Escrow Agent
      may execute any of its powers and perform any of its duties hereunder directly
      or through agents or attorneys (and shall be liable only for the careful
      selection of any such agent or attorney) and may consult with counsel,
      accountants and other skilled persons to be selected and retained by it. The
      Escrow Agent shall not be liable for anything done, suffered or omitted in
      good
      faith by it in accordance with the advice or opinion of any such counsel,
      accountants or other skilled persons. In the event that the Escrow Agent shall
      be uncertain as to its duties or rights hereunder or shall receive instructions,
      claims or demands from any party hereto which, in its opinion, conflict with any
      of the provisions of this Revenue Escrow Agreement, it shall be entitled to
      refrain from taking any action and its sole obligation shall be to hold safely
      all the Escrow Funds until it shall be directed otherwise in writing by the
      Parent and the Stockholders’ Representative jointly or by a final order or
      judgment of a court of competent jurisdiction. The Parties agree to pursue
      any
      redress or recourse in connection with any dispute without making the Escrow
      Agent a party to the same, except where the Escrow Agent is a necessary party
      or
      is otherwise required by law to be a party to such dispute.

    

    (d) Anything
      in this Revenue Escrow Agreement to the contrary notwithstanding, in no event
      shall the Escrow Agent be liable for special, indirect or consequential loss
      or
      damage of any kind whatsoever (including but not limited to lost profits),
      even
      if the Escrow Agent has been advised of the likelihood of such loss or damage
      and regardless of the form of action.

    

    5.  Succession.
      The
      Escrow Agent may resign and be discharged from its duties or obligations
      hereunder by giving 30 days advance notice in writing of such resignation to
      the
      Parent and the Stockholders’ Representative specifying a date when such
      resignation shall take effect. The Parent and the Stockholders’ Representative
      shall use their best efforts to mutually agree on a successor escrow agent
      within thirty (30) days after receiving such notice The successor escrow agent
      shall execute and deliver an instrument accepting such appointment and it shall,
      without further acts, be vested with all the estates, properties, rights, powers
      and duties of the predecessor escrow agent as if originally named escrow agent.
       If
      the
      Parties have failed to appoint a successor escrow agent prior to the expiration
      of thirty
      (30) days following receipt of the notice of resignation, the Escrow Agent
      may
      petition any court of competent jurisdiction for the appointment of a successor
      escrow agent or for other appropriate relief, and any such resulting appointment
      shall be binding upon all of the parties hereto. Escrow Agent’s sole
      responsibility after such thirty (30) day notice period expires shall be to
      hold
      the Escrow Funds (without any obligation to reinvest the same) and to deliver
      the same to a designated substitute escrow agent, if any, or in accordance
      with
      the directions of a final order or judgment of a court of competent
      jurisdiction, at which time of delivery Escrow Agent’s obligations hereunder
      shall cease and terminate, subject to the provisions of Sections 7 and 8
      hereunder. The Escrow Agent shall have the right to withhold an amount equal
      to
      any amount due and owing to the Escrow Agent, plus any costs and expenses the
      Escrow Agent shall reasonably believe may be incurred by the Escrow Agent in
      connection with the termination of the Revenue Escrow Agreement. Any corporation
      or association into which the Escrow Agent may be merged or converted or with
      which it may be consolidated, or any corporation or association to which all
      or
      substantially all the escrow business of the Escrow Agent’s line of business may
      be transferred, shall be the Escrow Agent under this Revenue Escrow Agreement
      without further act.

     

    
      
        
        

      

      
        -4-

        
          

        

      

      
        
        

      

    

     

    6.  Fees.
      The
      Parent and the Stockholders’ Representative agree jointly and severally to (i)
      pay the Escrow Agent upon execution of this Revenue Escrow Agreement and from
      time to time thereafter reasonable compensation for the services to be rendered
      hereunder, which unless otherwise agreed in writing shall be as described in
      Schedule
      3
      attached
      hereto, and (ii) pay or reimburse the Escrow Agent upon request for all
      expenses, disbursements and advances, including reasonable attorney's fees
      and
      expenses, incurred or made by it in connection with the preparation, execution,
      performance, delivery, modification and termination of this Revenue Escrow
      Agreement. The Escrow Agent is hereby authorized to withdraw such compensation
      and reimbursable amounts directly from the Escrow Funds.

     

    7.  Indemnity.
      The
      Parent and the Stockholders’ Representative shall jointly and severally
      indemnify, defend and save harmless the Escrow Agent
      and its
      directors, officers, agents and employees from all loss, liability or expense
      (including the fees and expenses of in house or outside counsel) arising out
      of
      or in connection with (i) the Escrow Agent's execution and performance of this
      Revenue Escrow Agreement, except in the case of any indemnitee to the extent
      that such loss, liability or expense is finally adjudicated by a court of
      competent jurisdiction to have been primarily caused by the gross negligence
      or
      willful misconduct of such indemnitee, or (ii) its following any instructions
      or
      other directions from the Parent or the Stockholders’ Representative, except to
      the extent that its following any such instruction or direction is expressly
      forbidden by the terms hereof. The parties hereto acknowledge that the foregoing
      indemnities shall survive the resignation or removal of the Escrow Agent or
      the
      termination of this Revenue Escrow Agreement. The Parent and the Stockholders’
Representative hereby grant the Escrow Agent a lien on, right of set-off against
      and security interest in the Escrow Fund for the payment of any claim for
      indemnification, compensation, expenses and amounts due hereunder.

     

    
      
        
        

      

      
        -5-

        
          

        

      

      
        
        

      

    

     

    8.  Security
      Procedures.
      In the
      event funds transfer instructions are given (other than in writing at the time
      of execution of this Revenue Escrow Agreement, as indicated in Schedule
      1
      and
Schedule
      2
      attached
      hereto), whether in writing or by telecopier, the Escrow Agent is authorized
      to
      seek confirmation of such instructions by telephone call-back to the person
      or
      persons designated on Schedule
      4
      hereto
      (each an “Authorized
      Representative”,
      collectively, the “Authorized
      Representatives”),
      and
      the Escrow Agent may rely upon the confirmation of anyone purporting to be
      the
      person or persons so designated. Each funds transfer instruction shall be
      executed by an authorized signatory. The undersigned is authorized to certify
      that the Authorized Representatives are authorized signatories. The Authorized
      Representatives and telephone numbers for call-backs may be changed only in
      a
      writing actually received and acknowledged by the Escrow Agent. If the Escrow
      Agent is unable to contact any of the Authorized Representatives, the Escrow
      Agent is hereby authorized to seek confirmation of such instructions by
      telephone call-back to the Stockholders’ Representative or any one or more of
      the managers of the Parent (the “Executive
      Officers”)
      as the
      Escrow Agent may select. Such Executive Officers shall deliver to the Escrow
      Agent a fully executed Incumbency Certificate, and the Escrow Agent may rely
      upon the confirmation of anyone purporting to be any such officer. The Escrow
      Agent and the beneficiary's bank in any funds transfer may rely solely upon
      any
      account numbers or similar identifying numbers provided by the Parent or the
      Stockholders’ Representative to identify (i) the beneficiary, (ii) the
      beneficiary's bank, or (iii) an intermediary bank. The Escrow Agent may apply
      any of the Escrow Funds for any payment order it executes using any such
      identifying number, even when its use may result in a person other than the
      beneficiary being paid, or the transfer of funds to a bank other than the
      beneficiary's bank or an intermediary bank designated. The parties to this
      Revenue Escrow Agreement acknowledge that these security procedures are
      commercially reasonable.

     

    9.  Termination.
      This
      Revenue Escrow Agreement shall automatically, without any action by the Parent
      or the Stockholders’ Representative, be terminated upon the disbursement by the
      Escrow Agent of all the Escrow Funds pursuant to the terms herein. 

     

    10.  Notices.
      

     

    (a) All
      communications hereunder shall be in writing and shall be deemed to be duly
      given and received:

     

    (i)
      upon
      delivery if delivered personally or upon confirmed transmittal if by
      facsimile;

     

    (ii)
      on
      the next Business Day (as hereinafter defined) if sent by overnight courier;
      or

     

    (iii)
      four (4) Business Days after mailing if mailed by prepaid registered mail,
      return receipt requested, to the appropriate notice address set forth below
      or
      at such other address as any party hereto may have furnished to the other
      parties in writing by registered mail, return receipt requested.

     

    (b) Notwithstanding
      the above, in the case of communications delivered to the Escrow Agent pursuant
      to (ii) and (iii) of this Section 8, such communications shall be deemed to
      have
      been given on the date received by the Escrow Agent. In the event that the
      Escrow Agent, in its sole discretion, shall determine that an emergency exists,
      the Escrow Agent may use such other means of communication as the Escrow Agent
      reasonably deems appropriate.

     

    (c) "Business
      Day" shall mean any day other than a Saturday, Sunday or any other day on which
      the Escrow Agent located at the notice address set forth below is authorized
      or
      required by law or executive order to remain closed.

     

    (d) All
      communications under this Revenue Escrow Agreement shall be delivered to the
      following address:

     

    
      
        
        

      

      
        -6-

        
          

        

      

      
        
        

      

    

     

    If
      to the
      Parent:

     

    United
      Benefits & Pension Services, Inc.

    501
      Kings
      Highway East, Suite 108 

    Fairfield,
      Connecticut 06825

    Facsimile:
      (203) 254-0069

    Telephone:
      (203) 254-0071

    

    With
      a
      simultaneous copy to:

     

    Katten
      Muchin Rosenman LLP

    575
      Madison Avenue

    New
      York,
      New York 10022

    Attention:
      Howard S. Jacobs, Esq.

      
      Wayne A. Wald, Esq.

    Facsimile:
      (212) 940-8776

    Telephone:
      (212) 940-8508

    

    If
      to the
      Stockholders’ Representative:

    

    Tom
      Weston (CONFIDENTIAL)

    1255
      Canyon Side Avenue

    San
      Ramon, CA 94586

    Telephone: (510)
      220-2339 

    

    with
      copies to:

     

    Shapiro
      Buchman Provine Patton LLP

    1333
      N.
      California Boulevard, Suite 350

    Walnut
      Creek, California 94596

    Attention:
      John W. Carr, Esq.

      
      Robert W. Shapiro, Esq.

    Facsimile:
      (925) 944-9701

    Telephone:
      (925) 944-9700

    

    If
      to the
      Escrow Agent:

    

    JPMorgan
      Chase Bank

    Worldwide
      Securities Services

    4
      New
      York Plaza – 21st
      Floor

    New
      York,
      NY 10004

    Attention:
      Audrey Mohan/Debbie DeMarco

    Facsimile:
      212-623-6168

    Telephone:
      212-623-5087

    

    
      
        
        

      

      
        -7-

        
          

        

      

      
        
        

      

    

    

    11.  Amendments
      and Waivers.
      Any
      term of this Revenue Escrow Agreement may be amended with the written consent
      of
      the parties or their respective successors and assigns. Any amendment or waiver
      effected in accordance with this Section 11 shall be binding upon the
      parties and their respective successors and assigns.

     

    12.  Successors
      and Assigns.
      The
      terms and conditions of this Revenue Escrow Agreement shall inure to the benefit
      of and be binding upon the parties and their successors and assigns.
Parent
      shall have the absolute right to assign (by express assignment, merger or
      otherwise) its rights and obligations hereunder to [the Public Shell
      Corporation] without the consent of the Escrow Agent, the Stockholders’
Representative or any of the Company Stockholders, provided
      that the
      Parent shall notify the Escrow Agent and the Stockholders’ Representative of
      such assignment promptly after the occurrence of such assignment. The
      term
“Escrow Agent” as used herein shall also refer to the successors and assigns of
      Escrow Agent, including, without limitation, a receiver, trustee, custodian
      or
      debtor-in-possession.

     

    13.  Titles
      and Subtitles.
      The
      titles and subtitles used in this Revenue Escrow Agreement are used for
      convenience only and are not to be considered in construing or interpreting
      this Revenue Escrow Agreement.

     

    14.  Severability.
      If one
      or more provisions of this Revenue Escrow Agreement are held to be unenforceable
      under applicable law, the parties agree to renegotiate such provision in good
      faith. In the event that the parties cannot reach a mutually agreeable and
      enforceable replacement for such provision, then (i) such provision shall
      be excluded from this Revenue Escrow Agreement, (ii) the balance of this
      Revenue Escrow Agreement shall be interpreted as if such provision were so
      excluded and (iii) the balance of this Revenue Escrow Agreement shall be
      enforceable in accordance with its terms.

     

    15.  Entire
      Agreement.
      This
      Revenue Escrow Agreement and the documents referred to herein are the product
      of
      all of the parties hereto, constitute the entire agreement between such parties
      pertaining to the subject matter hereof and thereof, and merge all prior
      negotiations and drafts of the parties with regard to the transactions
      contemplated herein and therein. Any and all other written or oral agreements
      existing among the parties hereto regarding such transactions are expressly
      canceled.

     

    16.  Counterparts.
      This
      Revenue Escrow Agreement may be executed in a number of identical counterparts
      but all counterparts shall constitute one agreement. All signatures of the
      parties to this Revenue Escrow Agreement may be transmitted by facsimile, and
      such facsimile will, for all purposes, be deemed to be the original signature
      of
      such party whose signature it reproduces and will be binding upon such
      party.

     

    17.  Governing
      Law.
      This
      Revenue Escrow Agreement and all acts and transactions pursuant hereto and
      the
      rights and obligations of the parties hereto shall be governed, construed and
      interpreted in accordance with the laws of the State of New York, without giving
      effect to principles of conflicts of law.

     

    
      
        
        

      

      
        -8-

        
          

        

      

      
        
        

      

    

     

    18.  Consent
      to Jurisdiction; Waiver of Jury Trial.
      Each of
      the parties hereto hereby irrevocably consents to the exclusive jurisdiction
      of
      the courts of the State of New York and the United States District Court for
      the
      Southern District of New York and waives trial by jury in any action or
      proceeding with respect to this Revenue Escrow Agreement.

     

    19.  Miscellaneous.
      No
      party to this Revenue Escrow Agreement is liable to any other party for losses
      due to, or if it is unable to perform its obligations under the terms of this
      Revenue Escrow Agreement because of, acts of God, fire, war, terrorism, floods,
      strikes, electrical outages, equipment or transmission failure, or other causes
      reasonably beyond its control. Receipt
      and release of the Escrow Funds shall be confirmed by Escrow Agent as soon
      as
      practicable by account statement, and any discrepancies in any such account
      statement shall be noted by the Parent and the Stockholders’ Representative
      within 30 calendar days after receipt thereof. Failure to inform Escrow Agent
      in
      writing of any discrepancies in any such account statement within said 30-day
      period shall conclusively be deemed confirmation of such account statement
      in
      its entirety.

     

    20.  Compliance
      with Court Orders.
      In the
      event that any escrow property shall be attached, garnished or levied upon
      by
      any court order, or the delivery thereof shall be stayed or enjoined by an
      order
      of a court, or any order, judgment or decree shall be made or entered by any
      court order affecting the property deposited under this Revenue Escrow
      Agreement, the Escrow Agent is hereby expressly authorized to obey and comply
      with all writs, orders or decrees so entered or issued, which it is advised
      by
      legal counsel is binding upon it, and in the event that the Escrow Agent obeys
      or complies with any such writ, order or decree it shall not be liable to any
      of
      the parties hereto or to any other person, firm or corporation, by reason of
      such compliance notwithstanding such writ, order or decree be subsequently
      reversed, modified, annulled, set aside or vacated.

     

    21.  Patriot
      Act Disclosure/Taxpayer Identification Number/Tax Reporting. Section 326 of
      the
Uniting
      and Strengthening
      America by Providing Appropriate Tools Required to Intercept and Obstruct
      Terrorism Act of 2001 (“USA PATRIOT Act”) requires the Escrow Agent to implement
      reasonable procedures to verify the identity of any person that opens a new
      account with it. Accordingly, the Parties acknowledge that Section 326 of the
      USA PATRIOT Act and the Escrow Agent’s identity verification procedures require
      the Escrow Agent to obtain information which may be used to confirm the Parties’
identities including without limitation name, address and organizational
      documents (“Identifying Information”).
      The
      Parties agree to provide the Escrow Agent with and consent to the Escrow Agent
      obtaining from third parties any such Identifying Information required as a
      condition of opening an account with or using any service provided by the Escrow
      Agent. 

     

    22. Tax
      Reporting.
      Prior
      to execution of this Revenue Escrow Agreement, Parent, Stockholders’
Representative for itself and each Stockholder, shall provide the Escrow Agent
      with a fully executed W-8 or W-9 Internal Revenue Service form, which shall
      include their Tax Identification Number (TIN) as assigned by the Internal
      Revenue Service. 

     

    
      
        
        

      

      
        -9-

        
          

        

      

      
        
        

      

    

     

    The
      Parent and Stockholders’ Representative further represent to the Escrow Agent
      that the transaction memorialized in the Merger Agreement does not constitute
      an
      installment sale requiring any tax reporting or withholding of imputed interest
      or original issue discount to the IRS or other taxing authority.

    

    To
      the
      extent that any portion of the principal amount of the Escrow Deposit represents
      part or all of the purchase price for shares of stock under the Merger
      Agreement, the Stockholders’ Representative shall provide on or before the
      effective date of the Revenue Escrow Agreement and at appropriate times
      thereafter, including prior to any disbursement, all information required for
      Escrow Agent to perform tax reporting on IRS Form 1099-B, to the extent required
      by law. Unless otherwise directed in a joint written instruction executed by
      the
      Parent and the Stockholders’ Representative, Escrow Agent shall report to the
      IRS and as appropriate withhold and remit taxes to the IRS, or any other taxing
      authority as required by law, based upon the information and documentation
      so
      provided. Escrow Agent shall be entitled to rely on such information and
      documentation and shall not be responsible for and shall be indemnified by
      the
      Stockholders’ Representative for any additional tax, interest, penalty or
      withholding arising from the inaccuracy or late receipt of such information
      or
      documentation. 

    

    In
      addition, prior or at the time of any distribution of income from the Escrow
      Funds, the Parties shall provide to the Escrow Agent a detailed schedule
      indicating the allocation of disbursed interest or other income earned under
      the
      Escrow Agreement which shall be reported by the Escrow Agent to the IRS, or
      any
      other taxing authority, on IRS Form 1099 or 1042S (or other appropriate form)
      as
      income earned from the Escrow, to the extent required by law.
      Any
      other
      tax forms required to be filed will be prepared and filed by Parent and/or
      the
      Stockholders’ Representative with the IRS and any other taxing authority as
      required by law. The Parties acknowledge and agree that Escrow Agent shall
      have
      no responsibility for the preparation and/or filing of any income, franchise
      or
      any other tax return with respect to the Fund or any income earned by the Escrow
      Deposit. The Parties further acknowledge and agree that any taxes payable from
      the income earned on the investment of any sums held in the Escrow Deposit
      shall
      be paid by the recipient thereof. Escrow Agent shall withhold any taxes it
      deems
      appropriate, including but not limited to required withholding in the absence
      of
      proper tax documentation, and shall remit such taxes to the appropriate
      authorities. 

     

    [signature
      page to follow]

    

    
      
        
        

      

      
        -10-

        
          

        

      

      
        
        

      

    

    IN
      WITNESS WHEREOF, the parties have duly executed this Revenue Escrow Agreement
      as
      of the date first hereinabove stated.

     

    

    
      	 	
              Escrow
                Agent:

            
	 	 
	 	
              JPMORGAN
                CHASE BANK, N. A.

            
	 	 	 	 
	 	 	 	 
	 	
              By:

            	
              /s/
                Debra A. DeMarco

            	 
	 	 	
              Debra
                A. DeMarco

            	 
	 	 	
              Vice
                President

            	 
	 	 	 	 
	 	 	 	 
	 	
              Parent:

            
	 	 	 
	 	
              UNITED
                BENEFITS & PENSION SERVICES, INC.

            
	 	 	 	 
	 	 	 	 
	 	
              By:

            	
              /s/
                Richard Stierwalt

            	 
	 	 	
              Richard
                Stierwalt

            	 
	 	 	
              Chief
                Executive Officer & President

            	 
	 	 	 	 
	 	 	 	 
	 	
              Stockholders’
                Representative

            
	 	 	 
	 	 	 
	 	
              /s/
                Tom Weston

            	 
	 	
              Tom
                Weston

            	 

    

    

    [Signature
      page to Revenue Escrow Agreement]

     

    
      
        
        

      

      
        11

        
          

        

      

      
        
        

      

    

     

    Schedule
      1

    

    
      	
              Stockholder

            	 	
              Address

            	 	
              Taxpayer
                

              Identification
                

              Number

            	 	
              Percentage

            
	   
              	 	  
               	 	  
               	 	  
               
	   
              	 	  
               	 	  
               	 	  
               
	   
              	 	  
               	 	  
               	 	  
               
	   
              	 	  
               	 	  
               	 	  
               

    

    

    
      
        
        

      

      
        12

        
          

        

      

      
        
        

      

    

     

    Schedule
      2

    

    Account
      Name: United Benefits & Pension Services, Inc.

    

    Citibank

    399
      Post
      Road West

    Westport,
      Connecticut 06880

    

     Account
      Number: 1050458946

    

     ABA
      Number: 221172610 

    

    
      
        
        

      

      
        13

        
          

        

      

      
        
        

      

    

    Schedule
      3

    

    Fees

    

    Administrative
      Fee
      . . . .
      . . . . . . . . . . . . . . . . .$2,,000.00

    Payable
      Upon Account Opening and in Advance each year in which JPMorgan Chase Bank,
      N.A.
      acts as Escrow Agent, without proration for partial year

     

    
      
        
        

      

      
        14

        
          

        

      

      
        
        

      

    

    Schedule
      4

     

    Telephone
      Numbers for Call-Backs and

    Persons
      Designated to Instruct and Confirm Funds Transfer Instructions

     

    If
      to the Parent:

    

    
      	
              Name

            	 	
              Telephone
                Number

            	 	
              Signature

            
	 	 	 	 	 
	
              Richard
                E. Stierwalt

            	 	
              (646)
                479-6564

            	 	
               

            

    

    

    If
      to Weston:

    

    
      	
              Name

            	 	
              Telephone
                Number

            	 	
              Signature

            
	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	
               

            
	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	
               

            

    

    

    Telephone
      call backs shall be made to both Parent and Stockholders’ Representative if
      joint instructions are required pursuant to the agreement. All
      funds
      transfer instructions must include the signature of the person(s) authorizing
      said funds transfer.

    

    Periodically,
      you may issue payment orders to us to transfer funds by federal funds wire.
      We
      review the orders to determine compliance with the governing documentation
      and
      to confirm signature by the appropriate party, in accordance with the above
      list. Bank policy requires that, where practicable, we undertake callbacks
      to a
      party other than the individual who signed the payment order to verify the
      authenticity of the payment order.

    

    Inasmuch
      as you are the only employee in your office who can confirm wire transfers,
      we
      will call you to confirm any federal funds wire transfer payment order
      purportedly issued by you. Your continued issuance of payment orders to us
      and
      confirmation in accordance with this procedure will constitute your agreement
      (1) to the callback security procedure outlined herein and (2) that the security
      procedure outlined herein constitutes a commercially reasonable method of
      verifying the authenticity of payment orders. Moreover, you agree to accept
      any
      risk associated with a deviation from this bank policy.

     

    
      
        
        

      

      
        15

        
          

        

      

      
        
        

      

    

     

    Exhibit
      1

    Claim
      Notice

    [insert
      date]

    Stockholder
      Representative

    

    JPMorgan
      Chase Bank

    Worldwide
      Securities Services

    4
      New
      York Plaza – 21st
      Floor

    New
      York,
      NY 10004

    Attn:
      Audrey Mohan/Debbie DeMarco

    

    Dear
      Sir/Madam,

    

    This
      Claim Notice is being delivered pursuant to Section 3(b) of the REVENUE ESCROW
      AGREEMENT (this “Escrow
      Agreement”)
      made
      as of December __, 2007, by and among United Benefits & Pension Services,
      Inc., a Delaware corporation (the “Parent”), Tom Weston (“Stockholders’
      Representative”,
      and
      together with Parent, sometimes referred to individually as “Party”
or collectively
      as the “Parties”), and JPMorgan Chase Bank, N.A., as escrow agent (the
“Escrow
      Agent”).
      

    

    Parent
      hereby gives notice of a Claim in the amount of $[insert amount].

    

    The
      facts
      giving rise to a claim for the release of the Escrow Funds (or any portion
      thereof) pursuant to Subsections 2.4(b) (c) or (d) of the Merger Agreement
      and/or Section 10.4 of the Merger Agreement are as follows: 

     

    [insert
      details]

    

    The
      method of computation of the amount of such claim is as follows: 

     

    [insert
      details]

    

    In
      the
      event that Weston shall fail, within ten (10) Business Days after the receipt
      of
      this Claim Notice, to deliver to the Parent and the Escrow Agent a written
      notice (the “Objection
      Notice”)
      denying that the claim stated herein, or any portion thereof, is due and payable
      to Parent and setting forth in reasonable detail the reasons for such denial,
      the Escrow Agent shall, on the twelfth (12th)
      Business Day after receipt by the Escrow Agent of such Claim pay the amount
      of
      the Claim to Parent.

    

    Sincerely,

    

    UNITED
      BENEFITS & PENSION SERVICES, INC.

     

     

    
      	
              By:

            	 	 

    

    

    
      
        
        

      

      
        16

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