Document:

ex102.htm

    Exhibit 10.2

     

    SECURED
REVOLVING PROMISSORY NOTE

     

    
       

      
        	$500,000.00 	Salt Lake City,
      Utah

      

       

    

     October
14, 2009

     

    FOR VALUE RECEIVED, the
undersigned, Midas Medici Group Holdings, Inc., a Delaware corporation (“Midas
Medici”), and Utilipoint International, Inc., a New Mexico corporation
(“Utilipoint”) (collectively, the “Obligor”), hereby promise to pay to the order
of  Proficio Bank, a Utah corporation (the “Holder”), the principal
amount of FIVE HUNDRED THOUSAND DOLLARS AND NO/100 ($500,000.00) or so much
thereof as may be advanced and outstanding under the Loan Agreement (as defined
below).  Capitalized terms used herein but not defined herein shall
have the meaning given to such term in the Loan Agreement.

     

    The
above-stated principal amount will bear interest at the Applicable Interest Rate
(as such term is defined in the Loan Agreement) (or, if less, the maximum rate
permitted by applicable law) from and after the date of this Secured Revolving
Promissory Note (this “Note”) until full payment of the principal and all
accrued interest hereunder.  Interest on the principal amount will be
calculated at the rate set forth above on the basis of a 360-day year and the
actual number of days elapsed.

     

    Accrued
interest shall be payable monthly in arrears on the first day of each month for
the immediately preceding month commencing on the first day of November,
2009.  The principal amount outstanding under this Note, together with
any accrued but unpaid interest on the unpaid principal amount, will be due and
payable in full on the 14th day of October, 2010 (the “Maturity
Date”).  The Obligor may prepay this Note at any time, in whole or in
part, without premium or penalty.

     

    This Note
is being executed pursuant to the Revolving Loan Agreement by and between and
among the Obligor and Holder dated as of the date hereof (the “Loan Agreement”)
and is secured by (i) Security Agreement, dated as of the date hereof, by and
between and among Obligor and Holder (the “Pledge Agreement”), and (ii) any
other security agreement, pledge, assignment, stock power, mortgage, deed of
trust, security deed and/or other instrument covering personal or real property
which secures an obligation so defined as to include this Note.

     

    An “Event
of Default” shall be deemed to have occurred under this Note if (a) Obligor
shall suffer an Event of Default (as such term is defined in the Loan Agreement)
or (b) Obligor makes an assignment for the benefit of creditors, or files a
voluntary petition in bankruptcy, receivership or insolvency, or files an answer
in any involuntary proceeding of that nature admitting the material allegations
of the petition, or if a proceeding or bankruptcy, receivership or insolvency,
is instituted against Obligor and is not dismissed within sixty (60) days, or if
a trustee or receiver is appointed for Obligor is not dismissed or discharged
within sixty (60) days.  Upon any Event of Default, all amounts
advanced hereunder, together with all accrued but unpaid interest thereon,
shall, at the option of Holder, without further notice, become due and payable
and may be collected immediately, regardless of the stipulated Maturity
Date.  Upon any Event of Default, in addition to interest as provided
above, Obligor shall pay interest at the Default Rate (as such term is defined
in the Loan Agreement).

     

     

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

     

    The
provisions of this Note are binding on the successors and assigns of the Obligor
and shall inure to the benefit of the Holder’s successors and
assigns.

     

    Obligor
hereby (a) waives grace, presentment and demand for payment, protest and
notice of protest, and non-payment, all other notices, including notice of
intent to accelerate the Maturity Date and notice of acceleration of the
Maturity Date, filing of suit and diligence in collecting this Note,
(b) agrees that Holder shall not be required first to institute suit or
exhaust its remedies against Obligor under this Note and (c) consents to
any extension or postponement of time of payment of this Note and in any other
indulgence with respect hereto without notice from Holder.

     

    All
notices and communications required or provided for hereunder by any party shall
be in writing and shall be (a) delivered personally, (b) sent by certified or
registered mail, postage prepaid, (c) sent by private courier or other overnight
delivery service, or (d) sent by telecopy (with evidence of transmittal) to the
party or parties to whom such notice is required to be given, to the address set
forth below (or to such other address as any party may designate from time to
time in accordance with the terms of this section:

     

    If to
Holder:

     

    Proficio
Bank

    420 E.
South Temple, Suite 520

    Salt Lake
City, Utah 84111

    Attention:  Terry
Grant, Chief Credit & Lending Officer

    Facsimile
No. (801) 363-0669

    

     

    With a copy
to:

     

    Thomas R.
Taylor, Esq.

    Holme,
Roberts & Owen, LLP

    299 South
Main St., Suite 1800

    Salt Lake
City, Utah 84111

    Facsimile
No. (801) 521-9639

     

     

    
      
        
        

      

      
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    If to
Obligor:

     

    c/o Midas
Medici Group Holdings, Inc.

    445 Park
Avenue, 20th
Floor

    New York,
New York 10022

    Attention:  Nana
Baffour, Chief Executive Officer

    Facsimile
No.: (212) 202-4168

    

     

    With a copy
to:

     

    Steven H.
Lang, Esq.

    360
Venture Law (Shmalo Lang) LLP

    P.O. Box
77365

    Atlanta,
Georgia 30357

    Facsimile
No.:  (404) 420-2169

     

    A notice
delivered personally shall be effective upon receipt.  A notice
delivered by private courier or other overnight delivery service shall be
effective on the day delivered (or the day on which delivery is refused in the
event delivery is refused).  A notice delivered by certified or
registered mail shall be effective on the third business day after the day of
mailing.  A notice sent by telecopy shall be effective twenty-four
(24) hours after the dispatch thereof.

     

    It is the
intention of Obligor and Holder to comply with any applicable usury
laws.  In furtherance of this intention of Holder and Obligor, all
agreements between Obligor and Holder are hereby expressly limited so that in no
contingency or event whatsoever shall the amount paid or agreed to be paid to
Holder for the use, forbearance or detention of money under this Note exceed the
maximum rate permissible under applicable law.  If, from any
circumstance whatsoever, fulfillment of any provision hereof shall be prohibited
by law, the obligation to be fulfilled shall be reduced to the maximum not so
prohibited, and if from any circumstances Holder should ever receive as interest
an amount which would exceed the highest lawful rate, such amount as would be
excessive interest shall, at Holder’s option, be applied to the reduction of the
principal of this Note and not to the payment of interest, or shall be refunded
to Obligor.  This provision shall control every other provision of all
agreements between Obligor and Holder.

     

    Time is
of the essence of this Note.  If any lawsuit is brought to enforce
this Note or in connection with any breach or violation hereof, the prevailing
party shall be entitled to recover from the non-prevailing party all of its
costs and expenses, including, without limitation, all reasonable attorneys’ fee
and expenses.

     

    Any
payment received by Holder hereunder may, at Holder’s option, be applied first
to interest or to reduce the principal balance.  A waiver or release
with reference to one event shall not be construed as continuing, as a bar to,
or as a waiver or release of any subsequent right, remedy or recourse to any
subsequent event.  No failure or delay on the part of Holder in
exercising any right, power or remedy granted hereunder shall operate as a
waiver thereof; nor shall any single or partial exercise of any such right,
power or remedy preclude any other or further exercise thereof or the exercise
of any other right, power or remedy hereunder.  Obligor hereby
consents to all renewals and extensions of time at or after the maturity hereof
and hereby waives diligence, presentment, protest, demand and notice of every
kind and, to the full extent permitted by applicable law, the right to plead any
statute of limitations as a defense and hereby agrees that no failure on the
part of Holder to exercise any power, right or privilege hereunder, or to insist
upon prompt compliance with the terms hereof, shall constitute a waiver
thereof.  The parties to this Note have participated jointly in the in
the negotiation and drafting of this Note.  This Note may not be
changed orally, but only by an agreement in writing signed by the party or
parties against whom enforcement of any waiver, change, modification or
discharge is sought.  As used herein, the terms, “Obligor” and
“Holder” shall be deemed to include their respective successors, legal
representatives and assigns, whether by voluntary action of the parties or by
operation of law, however, this Note may not be assigned without the prior
written consent of Holder which can be denied at Holder’s sole
discretion.  This Note shall be construed in accordance with and
governed by the laws of the State of Utah, and any disputes now or hereafter
arising in connection with the execution or operation of this Note, regardless
of whether such disputes shall arise in contract, tort or otherwise, shall be
governed and determined by the laws of the State of Utah, without regard to the
conflicts of laws provision thereof.  Jurisdiction and venue for
purposes of this Note shall be solely with the state and federal courts sitting
in Salt Lake City, Utah, Salt Lake County, Utah.

     

     

    
      
        
        

      

      
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              OBLIGOR:

              Midas
      Medici Group Holdings, Inc.

            	 
	 	 	 	 
	
               

            	
              By:
      

            	/s/ Nana Baffour	 
	 	 	Name: Nana
      Baffour 	 
	 	 	Title:
      Chief Executive Officer 	 
	 	 	 	 

    

     

    
      
        	 	Utilipoint
      International, Inc	 
	 	 	 	 
	
                 

              	
                By:
      

              	/s/ Nana Baffour	 
	 	 	Name: Nana
      Baffour	 
	 	 	Title: Chief
      Executive Officerex103.htm

Exhibit 10.3

    SECURITY
AGREEMENT

     

    This
Security Agreement (this “Agreement”) is
entered into as of October 14, 2009 by and between MIDAS MEDICI GROUP HOLDINGS,
INC., a Delaware corporation (“Midas Medici”), UTILIPOINT INTERNATIONAL, INC., a
New Mexico corporation (“Utilipoint”) (Midas Medici and Utilipoint,
collectively, the “Borrower”), on the
one hand, and PROFICIO BANK, a Utah corporation (the “Lender”), on the
other hand.

     

    Recitals

     

    A. Borrower
desires to borrow funds from the Lender.

     

    B. As a
condition precedent to making a revolving loan to Borrower pursuant to that
certain Revolving Loan Agreement by and between and among Borrower and Lender of
even date herewith (the “Loan Agreement”), the
Lender has required Borrower to execute and deliver this Agreement.

     

    Agreement

     

    NOW,
THEREFORE, in consideration of the above recitals and the mutual covenants
hereinafter set forth, the parties hereto agree as follows:

     

    1. Creation of Security
Interest.  In order to secure the payment and performance of
the Secured Obligations (as defined below), the Borrower hereby assigns, pledges
and grants to the Lender, a security interest in all of the following of their
respective properties and assets, in each case whether now owned or hereafter
acquired and wherever located (collectively, the “Collateral”):

     

    All
property and assets of the Borrower of every nature and kind whatsoever,
including, without limitation, all machinery, equipment and supplies,
appliances, computers and related equipment, tools, tooling, furniture,
furnishings, fixtures, goods, inventory, raw materials, work in process,
finished goods and materials owned by the Borrower, accounts, accounts
receivable, general intangibles, names, trademarks, service marks, intellectual
property, software, chattel paper, documents, instruments (whether negotiable or
non-negotiable), deposit accounts, investment property, securities, securities
entitlements, money, contract rights and rights to payment of every kind; and
all products, additions, accessions, replacements and substitutions of or for
any of the above-described collateral; and all books and records of the Borrower
with respect to all such collateral; and all proceeds therefrom,
including:  (i) whatever is now or hereafter receivable or
received by Borrower upon the sale, exchange, collection or other disposition of
any item of collateral, whether voluntary or involuntary, whether such proceeds
constitute accounts, inventory, general intangibles, equipment, intellectual
property or other assets; (ii) any such items which are now or hereafter
acquired by the Borrower with any proceeds of any such collateral; and
(iii) any insurance or payments under any indemnity, warranty or guaranty
now or hereafter payable by reason of damage or loss or otherwise with respect
to any item of collateral or any proceeds thereof.

     

    
      
        
        

      

      
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    2. Secured
Obligations.  For purposes of this Agreement, “Secured Obligations”
shall mean any and all obligations, indebtedness and liabilities owed by
Borrower to the Lender under the Loan Agreement and all amendments,
modifications, extensions and renewals thereof.

     

    3. Representation and
Warranties.  Borrower represents and warrants as
follows:

     

    (a) Chief Executive
Office.  Midas Medici’s chief executive office is located at
445 Park Avenue, 20th
Floor, New York, New York 10022.  Utilipoint’s chief executive office
is located at 6000 Uptown Blvd., N.E., Suite 314, Albuquerque, NM
87110.

     

    (b) Existence and
Power.  Each Borrower is a corporation duly organized and
existing under the laws of its state of incorporation, and is qualified to do
business in all jurisdictions in which it conducts its business, except where
the failure to be so qualified is not reasonably likely to have a material
adverse affect on such Borrower.  Each Borrower has the power and
authority to own its property and assets and to execute and deliver, and perform
its obligations under, this Agreement.

     

    (c) Enforceability.  This
Agreement has been duly authorized, executed and delivered by Borrower and
constitutes the legal, valid and binding obligation of Borrower, enforceable
against Borrower in accordance with its terms.

     

    (d) No
Conflict.  The execution, delivery and performance of this
Agreement by Borrower and the consummation of the transactions contemplated
hereby will not (i) conflict with or result in a breach of any of the terms
and provisions of, or constitute a default (or an event which with the giving of
notice or the lapse of time or both would constitute a default) under, its
organizational documents or any agreement, indenture, mortgage, deed of trust,
equipment lease, instrument or other document to which Borrower is a party; or
(ii) conflict with any law, order, rule or regulation of any court or any
federal or state government, regulatory body or administrative agency, or any
other governmental body having jurisdiction over Borrower or its
properties.

     

    (e) Priority.  Borrower
is the sole owner of the Collateral; the security interest created hereunder in
the Collateral is a first priority, perfected security interest; there are no
security interests, liens or encumbrances, or adverse claims of title to, or any
other interest whatsoever in, the Collateral or any portion thereof except that
created by this Agreement; and no financing statement, mortgage or deed of trust
covering the Collateral or any portion thereof exists or is on file in any
public office.

     

    4. Covenants.  Borrower
covenants and agrees as follows:

     

    (a) Change in Address or
Corporate Structure.  Borrower shall not change its name,
identity, or corporate structure, move all or any portion of the Collateral or
relocate its chief executive office or reincorporate in another state without
the prior written consent of the Lender and the prior filing of a financing
statement with the proper office and in the proper form to perfect or continue
the perfection of the security interests (without loss of priority) created
herein, which filing shall be satisfactory in form, substance and location to
the Lender prior to such filing.

     

    
      
        
        

      

      
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    (b) Payment of Taxes and
Liens.  Borrower shall pay and discharge all taxes, assessments
and charges or levies against the Collateral prior to the delinquency
thereof.

     

    (c) No
Transfer.  Borrower shall not sell, assign (by operation of law
or otherwise), exchange or otherwise voluntarily or involuntarily transfer or
dispose of all or any portion of the Collateral (other than in the ordinary
course of business) or encumber, or hypothecate, or create or permit to exist
any material lien, security interest, charge or encumbrance or adverse claim
upon or other interest in all or any portion of the Collateral without the prior
written consent of the Lender, except for liens for taxes not yet due and
payable or which are being actively contested in good faith by appropriate
proceedings and for which adequate reserves are being maintained by Borrower,
and those liens disclosed to Lender by Borrower in writing prior to the
execution of this Agreement.

     

    (d) Operating and Deposit
Accounts.  Borrower shall maintain the following bank accounts
for operating purposes and for the deposit of cash receipts, checks and other
items of payment:

     

    Proficio
Bank

    420 E.
South Temple, Suite 520

    Salt Lake
City, UT 84111

    ABA#:   124084779

    Operating
Account #: 38722

    Deposit
Account #:  38731

    

    5. Right to
Enter.  The Lender shall have, at all times, during regular
business hours, with or without notice, the right to enter into and upon any
premises where any of the Collateral or records with respect thereto are located
for the purpose of inspecting the same, performing an audit, making copies of
records, observing the use of any part of the Collateral, protecting the
Lender’s security interest in the Collateral, or otherwise determining whether
Borrower is in compliance with the terms of this Agreement.

     

    6. Further
Assurances.  Borrower shall execute and file any financing or
continuation statement, or amendments thereto, and such agreements (including,
without limitation, deposit account control agreements), instruments or notices
as may be necessary or desirable, which the Lender may reasonably request in
order to perfect and preserve the perfection and the priority of the security
interests granted or purported to be granted under this
Agreement.  Borrower agrees that, at the Lender’s option, this
Agreement, or a photocopy hereof, may be filed by the Lender as a financing
statement, and that Borrower’s execution hereof shall constitute the execution
by Borrower of a financing statement.  Borrower further authorizes the
Lender to execute by and on behalf of the Borrower if necessary, and file all
necessary financing statements on form UCC-1 as it deems proper to perfect the
security interest granted by this Agreement.  At such time as all of
the Secured Obligations shall have been fully repaid and performed or this
Agreement has been earlier terminated, the Lender shall execute and deliver to
Borrower all releases, termination statements, and other instruments as may be
necessary or proper to release or reflect the release of the Lender’s security
interest in the Collateral.

     

    
      
        
        

      

      
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    7. Default.  Borrower
shall be in default under this Agreement upon the happening of any one or more
of the following events:

     

    (a) Default Under Loan
Agreement.  An “Event of Default” shall occur under the Loan
Agreement;

     

    (b) Representations and
Warranties.  Any representation or warranty made by Borrower in
this Agreement or in the Loan Agreement shall prove to have been untrue,
incorrect or misleading in any material respect when made;

     

    (c) Other
Covenants.  Borrower shall fail to observe or perform any
covenant or agreement contained in this Agreement, or in the Loan Agreement or
in the Secured Revolving Promissory Note; or

     

    (d) Collateral.  Borrower
shall fail to pay and discharge any judgment or levy of any attachment,
execution or other process against all or any portion of the Collateral and such
judgment shall not be satisfied, or such levy or other process shall not be
removed within ten (10) calendar days after the entry or levy thereof, or at
least five (5) calendar days prior to the time of any proposed sale under any
such judgment levy.

     

    Upon such
default, the Lender may declare all Secured Obligations to be immediately due
and payable.  The Lender shall have all of the rights and remedies of
a secured party under the Utah Uniform Commercial Code and may require Borrower
to assemble the Collateral and turn it over to the Lender at a place designated
by the Lender.  Borrower hereby expressly waives and releases all
rights to have any of the Collateral marshalled upon the exercise of any
remedies under this Agreement.

     

    8. Cost and
Expenses.  Borrower agrees to pay on demand all costs and
expenses, including legal fees, incurred or paid by the Lender in preparing,
executing or amending this Agreement.

     

    9. Notices.  All
notices and communications required or provided for hereunder by any party shall
be in writing and shall be (a) delivered personally, (b) sent by certified or
registered mail, postage prepaid, (c) sent by private courier or other overnight
delivery service, or (d) sent by telecopy (with evidence of transmittal) to the
party or parties to whom such notice is required to be given, to the address set
forth below (or to such other address as any party may designate from time to
time in accordance with the terms of this section:

     

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

     

    If to
Bank:

     

    Proficio
Bank

    420 E.
South Temple, Suite 520

    Salt Lake
City, Utah 84111

    Attention:  Terry
Grant, Chief Credit & Lending Officer

    Facsimile
No.:  (801) 363-0669

    

    With a copy
to:

     

    Thomas R.
Taylor, Esq.

    Holme,
Roberts & Owen, LLP

    299 South
Main St., Suite 1800

    Salt Lake
City, Utah 84111

    Facsimile
No.:  (801) 521-9639

    

    If to
Borrower:

     

    c/o Midas
Medici Group Holdings, Inc.

    445 Park
Avenue, 20th
Floor

    New York,
New York 10022

    Attention:  Nana
Baffour, Chief Executive Officer

    Facsimile
No.:  (212) 202-4168

    

    With a copy
to:

     

    Steven H.
Lang, Esq.

    360
Venture Law (Shmalo Lang) LLP

    P.O. Box
77365

    Atlanta,
Georgia 30357

    Facsimile
No.:  (404) 420-2169

    

    A notice
delivered personally shall be effective upon receipt.  A notice
delivered by private courier or other overnight delivery service shall be
effective on the day delivered (or the day on which delivery is refused in the
event delivery is refused).  A notice delivered by certified or
registered mail shall be effective on the third business day after the day of
mailing.  A notice sent by telecopy shall be effective twenty-four
(24) hours after the dispatch thereof.

     

    10. Headings.  The
various headings in this Agreement are inserted for convenience only and shall
not affect the meaning or interpretation of this Agreement or any provision
hereof.

     

    11. Amendments.  No
amendment or modification of this Agreement nor any waiver of any rights under
this Agreement shall be valid, binding or effective against Lender unless it is
in writing and signed by Lender.  No amendment or modification of this
Agreement nor any waiver of any rights under this Agreement shall be valid,
binding or effective against Borrower unless it is in writing and signed by
Borrower.

     

    
      
        
        

      

      
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    12. Entire
Agreement.  This Agreement, the Loan Agreement and the Secured
Revolving Promissory Note issued pursuant to the Loan Agreement are intended by
the parties as a final expression of their agreement relating to the subject
matter thereof and are intended as a complete and exclusive statement of the
terms and conditions thereof.  Acceptance of or acquiescence in a
course of performance rendered under this Agreement shall not be relevant to
determine the meaning of this Agreement even though the accepting or acquiescing
party had knowledge of the nature of the performance and opportunity for
objection.

     

    13. Severability.  If
any provision or obligation of this Agreement should be found to be invalid,
illegal or unenforceable in any jurisdiction, the validity, legality and
enforceability of the remaining provisions and obligations or any other
agreement executed in connection herewith, or of such provision or obligation in
any other jurisdiction, shall not in any way be affected or impaired thereby and
shall nonetheless remain in full force and effect to the maximum extent
permitted by law.

     

    14. Successors and
Assigns.  All rights of the Lender hereunder shall inure to the
benefit of its successors and assigns.  Borrower shall not assign any
of its interest under this Agreement without the prior written consent of the
Lender which can be denied in its sole discretion.  Any purported
assignment inconsistent with this provision shall, at the option of the Lender,
be null and void.

     

    15. Governing Law, Jurisdiction
and Venue.  This Agreement shall be construed in accordance
with and governed by the laws of the State of Utah, and any disputes now or
hereafter arising in connection with the execution or operation of this
Agreement, regardless of whether such disputes shall arise in contract, tort or
otherwise, shall be governed and determined by the laws of the State of Utah,
without regard to the conflicts of laws provisions
thereof.  Jurisdiction and venue for purposes of this Agreement shall
be solely with the state and federal courts sitting in Salt Lake City, Salt Lake
County, Utah.

     

    16. Delay;
Waiver.  No delay in enforcing or failing to enforce any right
under this Agreement by the Lender shall constitute a waiver by the Lender of
such right.  No waiver by the Lender of any default hereunder shall be
effective unless in writing, nor shall any waiver operate as a waiver of any
other default or of the same default on a future occasion.

     

    17. Time of
Essence.  Time is of the essence of each provision of this
Agreement of which time is an element.

     

    18. Survival of Representations
and Warranties.  All representations, warranties and covenants
of Borrower contained herein shall survive the execution and delivery of this
Agreement, and shall terminate upon the full payment and performance by Borrower
of the Secured Obligations or the earlier termination of this
Agreement.

     

    19. Counterparts.  This
Agreement may be executed in any number of counterparts, each of which when so
executed and delivered shall be deemed an original, but all of which shall
together constitute one and the same agreement.

     

    20. Construction.  The
parties to this Agreement have participated jointly in the negotiation and
drafting of this Agreement.  In the event of an ambiguity or if a
question of intent or interpretation arises, this Agreement shall be constructed
as if drafted jointly by the parties to this Agreement and no presumption or
burden of proof shall arise favoring or disfavoring either party to this
Agreement by virtue of the authorship of any of the provisions of this
Agreement.

     

    21. Attorneys
Fees.  If any lawsuit is brought to enforce this Agreement or
in connection with any breach or violation hereof, the prevailing party shall be
entitled to recover from the non-prevailing party all of its costs and expenses,
including, without limitation, all reasonable attorneys’ fee and
expenses.

     

    [Signatures
on following page]

     

    
      
         

      

      
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    IN
WITNESS WHEREOF, the parties hereto have caused this Security Agreement to be
duly executed and delivered by their respective officers as of the date first
above written.

     

    
      
        	 	
                BORROWER:

                 

                MIDAS MEDICI GROUP HOLDINGS, INC., a Delaware corporation

              	 
	 	 	 	 
	
              	
                By:
      

              	/s/
      Nana Baffour	 
	 	 	Name:
      Nana Baffour	 
	 	 	Title:
      Chief Executive Officer	 
	 	 	
                 

                [CORPORATE
      SEAL]

              	 

      

    

     

     

    
      
        	 	UTILIPOINT INTERNATIONAL, a New
      Mexico corporation	 
	 	 	 	 
	
                 

              	
                By:
      

              	/s/ Nana
      Baffour	 
	 	 	Name:
      Nana Baffour	 
	 	 	Title:
      Chief Executive Officer	 
	 	 	
                 

                [CORPORATE
      SEAL]

              	 

      

    

     

    
      
        	 	PROFICIO BANK, a Utah corporation	 
	 	 	 	 
	
                 

              	
                By:
      

              	/s/ Terry
      L. Grant	 
	 	 	Name:
      Terry L. Grant	 
	 	 	Title:
      CCO	 
	 	 	 	 

      

    

     

     

    
 

     

    

    

    7

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00164-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00164-of-00352.parquet"}]]