Document:

ALLONGE

    

    

    THIS
      ALLONGE, effective as of February 11, 2008, amends that certain promissory
      note dated November 19, 2007 (the “Note”) made by SMF Energy Corporation, a
      Delaware corporation (“Maker”) in the principal amount of $_____________ payable
      to _________________________ (“Holder”).

    

    RECITALS

    

    WHEREAS,
      Maker and Holder wish to amend the Note to extend the maturity date of the
      Note
      from May 18, 2008 to July 18, 2008.

    

    AGREEMENT

    

    NOW,
      THEREFORE, in consideration of the mutual promises set forth herein, and for
      other good and valuable consideration, the receipt and sufficiency of which
      is
      hereby acknowledged, Maker and Holder hereby agree as follows:

    

    The
      second sentence of the first paragraph of the Note is hereby amended to read
      as
      follows:

    

    If
      not
      sooner paid, the entire principal amount outstanding, together with accrued
      interest thereon, shall be due and payable July 18, 2008, provided
      however,
      that
      some of all of the principal amount of this Note, and the accrued but unpaid
      interest payable hereunder relating to such principal amount, will become
      immediately due and payable if and to the extent that Maker receives net
      proceeds from a private offering of its equity securities which, together with
      the aggregate net proceeds from the sale of this Note and other similar
      promissory notes sold concurrently herewith, exceed $3,500,000.

    

    Except
      as
      expressly amended herein, the Note shall remain unchanged.

    

    In
      the
      event of a conflict between the terms of the Note and this Allonge, the terms
      of
      this Allonge shall control. 

    

    This
      Allonge (a) may not be amended except by a writing signed by the Maker and
      the
      Holder; and (b) shall be governed by Delaware law.

    

    IN
      WITNESS WHEREOF, the parties hereto have caused this Allonge to be executed
      as
      of the date first written above and attached to the Note.

    

    
      	HOLDER:	MAKER:
	 	 
	[____________________________]	SMF ENERGY CORPORATION
	 	 
	 	 
	By: 
              _______________________________	By: 
              _______________________________
	
              Name:_________________________

            	
              Richard
                E. Gathright

            
	
              Title:__________________________

            	
              Chief
                Executive Officer and
                PresidentUnassociated Document

    FOURTH
      AMENDMENT TO DEMAND SECURED PROMISSORY NOTE

    AND
      LOAN MODIFICATION AGREEMENT

     

    THIS
      FOURTH AMENDMENT TO DEMAND SECURED PROMISSORY NOTE AND LOAN MODIFICATION
      AGREEMENT (the “Agreement”) is made as of this 13th
      day of
      February, 2008, by and among BCI Communications, Inc., (“Borrower”) and Berliner
      Communications, Inc. f/k/a Novo Networks, Inc. and Richard B. Berliner, pursuant
      to the Validity Guaranty, (“individual guarantors”) (collectively “Guarantors”)
      and PRESIDENTIAL FINANCIAL CORPORATION OF DELAWARE VALLEY, a New Jersey
      corporation (the “Lender”).

     

    R
      E C I T A L S

     

    Pursuant
      to the Loan Agreements and Security Agreements dated February 22, 2005 (“Loan
      Agreement”), between the Borrower and the Lender, the Lender agreed to make
      available to the Borrower a line of credit in accordance with, and subject
      to,
      the provisions of the Loan Agreement. The Borrower’s obligation to repay the
      line of credit, with interest and other fees and charges, is evidenced by Demand
      Secured Promissory Notes dated February 22, 2005, (the “Promissory Note”) in the
      principal amount of One Million Two Hundred and Fifty Thousand Dollars
      ($1,250,000.00). The indebtedness, obligations and liabilities of the Borrower
      under and in connection with the line of credit are guaranteed by the Guarantors
      pursuant to the terms of the Guaranty Agreements dated February 22, 2005
      executed by the Guarantors (collectively “Guaranty Agreements”). The Loan
      Agreement, Promissory Note, first Addendum to Promissory Note, the Second
      Amendment to Promissory Note, the Third Amendment to Promissory Note, the
      Guaranty Agreements, Disclosure Statement, and all documents now and hereafter
      executed by the Borrower, the Guarantors or any other party, to evidence,
      secure, or guaranty, in connection with the Borrower’s indebtedness and
      obligation to Lender, are hereinafter referred to as the “Loan
      Documents.”

     

    The
      Second Amendment to Demand Secured Promissory Note and Loan Modification
      Agreement, dated July 10, 2006, increased the total credit line to Two Million
      Five Hundred Thousand Dollars ($2,500,000.00).

     

    The
      Third
      Amendment to Demand Secured Promissory Note and Loan Modification Agreement,
      dated April 3, 2007, increased the total credit line to Eight Million Dollars
      ($8,000,000.00), changed the service charge rate to 0.25% of the average daily
      loan balance for the month, changed the monthly minimum service charge from
      $1,500.00 to a minimum monthly loan balance requirement of $1,500,000.00, and
      decreased the interest rate to one point five percent (1.5%) per annum above
      the
      prime rate of interest quoted in The
      Wall Street Journal.

     

    The
      parties wish to increase the service charge rate from 0.25% of the average
      daily
      loan balance for the month to 0.50% of the average daily loan balance for the
      month, effective April 4, 2008.

     

    A
      G R E E M E N T S

     

    NOW,
      THEREFORE, in consideration of the foregoing and the mutual covenants and
      agreements of the parties hereinafter set forth, it is hereby mutually agreed
      as
      follows:

     

    1. Recitals.
      Each of
      the parties hereto acknowledges that the above recitals are true and correct
      and
      incorporated herein by reference.

     

    
      
         

      

      
        1

        
          

        

      

      
         

      

    

     

    2. Term
      Extension.
      Upon
      receipt of written notice from Borrower prior to April 3, 2008, Lender agrees
      to
      extend the credit facility with Borrower on a month-to-month basis beyond April
      3, 2008 pursuant to the terms of this Fourth Amendment. Borrower may then
      terminate this Fourth Amendment by providing written notice to lender at any
      time prior to the end of any month, with such termination being effective as
      of
      the end of such month.

     

    3. Service
      Charge Change.
      The
      parties agree to change the service charge under the Loan Documents from 0.25%
      of the average daily loan balance for the month to 0.50% of the average daily
      loan balance for the month, effective April 4, 2008, and hereby amend the
      Promissory Note, the Loan Agreement and all other Loan Documents to change
      the
      service charge from 0.25% of the average daily loan balance for the month to
      0.50% of the average daily loan balance for the month, effective April 4,
      2008.

     

    4. Representations
      and Warranties.
      In
      order to induce the Lender to enter into this Agreement and extend the credit
      facility with Borrower on a month-to-month basis pursuant hereto, the Borrower
      and each of the Guarantors (collectively the “Obligors”) represent and warrant
      to the Lender that as of the date hereof (a) no event of default exists under
      the provisions of the Loan Agreement, Promissory Note or the Guaranty Agreements
      or other Loan Documents, (b) all of the representations and warranties of the
      Obligors in the Loan Documents are true and correct on the date hereof as if
      the
      same were made on the date hereof, (c) the Collateral, as defined in the Loan
      Agreement, is free and clear of all assignments, security interest, liens and
      other encumbrances of any kind and nature whatsoever, except for those granted
      or permitted under the provisions of the Loan Documents, (d) the execution
      and
      performance by the Borrower under the Loan Agreement, as amended, will not
      (i)
      violate any provision of law, any order of any court or other agency of
      government, or the organizational documents and/or bylaws of Borrower, or (ii)
      violate any indenture, contract, agreement or other instrument to which the
      Borrower is party, or by which its property is bound, or be in conflict with,
      result in a breach of or constitute (with due notice and/or lapse of time)
      a
      default under, any such indenture, or imposition of any lien, charge or
      encumbrance of any nature whatsoever upon any of the property or assets of
      the
      Borrower, and (e) this Agreement constitutes the legal, valid and binding
      obligations of the Obligors enforceable in accordance with its terms, except
      its
      enforceability may be limited by bankruptcy, insolvency or some other laws
      affecting the enforcement of creditors rights generally.

     

    5. Ratification
      and No Novation; Validity of Loan Documents.
      The
      Obligors hereby ratify and confirm all of their obligations, liabilities and
      indebtedness under the provisions of the Loan Agreement, the Promissory Note,
      the Guaranty Agreements and the other Loan Documents, as the same may be amended
      and modified by this Agreement, and agrees to pay the indebtedness in accordance
      with the terms of the Loan Agreement, as amended and modified by this Agreement.
      The Lender and the Obligors each agrees that is their intention that nothing
      in
      this Agreement shall be construed to extinguish, release or discharge or
      constitute, create or affect a novation of, or an agreement to extinguish (a)
      any of the obligations, indebtedness and liabilities of the Obligors, or any
      other party under the provisions of the Loan Agreement, the Promissory Note
      and
      such other Loan Documents, or (b) any assignment or pledge to the Lender of,
      or
      any security interest or lien granted to the Lender in, or on, any Collateral
      and security for such obligations, indebtedness, and liabilities. The Obligors
      agree that all of the provisions of the Loan Agreement, the Promissory Note,
      and
      the other Loan Documents shall remain and continue in full force and effect,
      as
      the same may be modified and amended by this Agreement. In the event of any
      conflict between the provisions of this Agreement and the provisions of such
      other Loan Documents, the provisions of this Agreement shall control. Obligors
      have no existing claims, defense (personal or otherwise) or rights of setoff
      whatsoever with respect to the Obligations of the Obligors under the Loan
      Documents. Each of the Obligors furthermore agrees that each of them has no
      defense, counterclaim, offset, cross-complaint, claim or demand of any nature
      whatsoever that can be asserted as a basis to seek affirmative relief and/or
      damages of any kind from the Lender.

     

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

     

    6. Applicable
      Law, Binding Effect, etc.
      This
      Agreement shall be governed by the laws of the State of New Jersey and may
      be
      executed in any number of duplicate originals and counterparts, each of which,
      and all taken together shall constitute one and the same instrument. This
      Agreement shall be binding upon, and inure to the benefit of, the Lender, the
      Borrower, and each of the Guarantors and their respective successors, heirs
      and
      assigns.

     

    7. Expenses.
      Borrower hereby agrees to pay all out-of-pocket expense incurred by Lender
      in
      connection with the preparation, negotiation and consummation of this Agreement,
      and all other documents related thereto (whether or not any borrowing under
      the
      Loan Agreement as amended shall be consummated), including, without limitation,
      the fees and expenses of Lender’s counsel.

     

    8. Effectiveness
      of this Agreement.
      This
      Agreement shall not be effective until the same is executed and accepted by
      Lender in the State of New Jersey.

     

    IN
      WITNESS WHEREOF, the Lender, the Borrower, and each of the Guarantors have
      caused this Agreement to be duly executed, under seal, as of the day and year
      first above written.

     

    

      
        	 	 	
                BORROWER:

              	 
	 	 	 	 
	
                Sworn
                  to and subscribed to before

              	 	
                BCI
                  Communications, Inc.

              	 
	
                me
                  this 13th day of February, 2008.

              	 	 	 
	 	 	 	 
	 	 	 	 
	
                /s/
                  Lizzet Morales

              	 	
                BY:
                  /s/
                  Rich B. Berliner

              	
                (SEAL)

              
	
                Notary
                  Public

              	 	
                ITS:
                  Rich
                  Berliner, CEO

              	 
	 	 	 	 
	
                Lizzet
                  Morales 

              	 	 	 
	
                Notary
                  Public of New Jersey

              	 	 	 
	
                Commision
                  Expires 12/6/2011

              	 	 	 

      

      

      

      
        	 	 	
                GUARANTORS:

              	 
	 	 	 	 
	
                Sworn
                  to and subscribed to before

              	 	
                Berliner
                  Communications, Inc. f/k/a Novo 

              	 
	
                me
                  this 13th day of February, 2008.

              	 	
                Networks,
                  Inc.

              	 
	 	 	 	 
	 	 	 	 
	
                /s/
                  Lizzet Morales

              	 	
                /s/
                  Rich B. Berliner

              	
                (SEAL)

              
	
                Notary
                  Public

              	 	
                Name:
                  Rich
                  Berliner

              	 
	 	 	
                Title:
                  CEO

              	 
	
                Lizzet
                  Morales 

              	 	 	 
	
                Notary
                  Public of New Jersey

              	 	 	 
	
                Commision
                  Expires 12/6/2011

              	 	 	 

      

       

      
        
           

        

        
          3

          
            

          

        

        
           

        

      

      
         

        
          	
                  Sworn
                    to and subscribed to before

                	
                  Richard
                    B. Berliner, per Validity Guaranty

                	 
	
                  me
                    this 13th day of February, 2008.

                	 	 
	 	 	 
	 	 	 
	
                  /s/
                    Lizzet Morales

                	
                  /s/
                    Rich B. Berliner

                	
                  (SEAL)

                
	
                  Notary
                    Public

                	
                  Name:
                    Rich
                    Berliner

                	 
	 	 	 
	
                  Lizzet
                    Morales 

                	 	 
	
                  Notary
                    Public of New Jersey

                	 	 
	
                  Commision
                    Expires 12/6/2011

                	 	 

        

        
 

        
          	 	
                  LENDER:

                	 
	 	 	 
	
                  Sworn
                    to and subscribed to before

                	
                  Presidential
                    Financial Corporation of

                	 
	
                  me
                    this 13th day of February, 2008.

                	
                  Delaware
                    Valley

                	 
	 	 	 
	 	 	 
	 	 	 
	
                  /s/
                    Brian Schneck

                	
                  BY: 
                    /s/
                    Robert
                    Vanaman          

                	 
	
                  Notary
                    Public

                	
                  ITS:
                    President

                	
                             

                
	 	 	 
	
                  Brian
                    Schneck 

                	 	 
	
                  Notary
                    Public of New Jersey

                	 	 
	
                  Commision
                    Expires 6/15/2011

                	 	 

        

      

    

    

    
      
         

      

      
        4

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