Document:

CERTIFICATE OF DECREASE

OF

SHARES DESIGNATED

AS

SERIES 1-A CONVERTIBLE PREFERRED STOCK

          Vsource, Inc., a corporation organized and existing under the General Corporation Law of the State of Delaware,

          DOES HEREBY CERTIFY:

          That the rights, preferences, privileges, restrictions and other matters relating to said corporation's Series 1-A Convertible Preferred Stock were set forth in Article 4 of the
Certificate of Incorporation of the corporation filed in said office of the Secretary of State on November 8, 2000.

          That the Board of Directors of said corporation by the unanimous written consent of its members, filed with the minutes of the Board, on June 29, 2005 duly adopted a resolution
authorizing and directing a decrease in the number of shares designated as Series 1-A Convertible Preferred Stock of the corporation, from 2,802,000 shares to 67,600 shares, in accordance with the
provisions of Section 151 of the General Corporation Law of the State of Delaware. The 2,734,400 shares were returned to the status of undesignated shares of said corporation's Preferred
Stock.

          IN WITNESS WHEREOF, said corporation has caused this certificate to be signed by Dennis M. Smith, its Chief Executive Officer, this 29th day of June, 2005

		  

Dennis M. Smith

Chief Executive Officer

Vsource, Inc.CERTIFICATE OF DECREASE

OF

SHARES DESIGNATED

AS

SERIES 2-A CONVERTIBLE PREFERRED STOCK

          Vsource, Inc., a corporation organized and existing under the General Corporation Law of the State of Delaware,

          DOES HEREBY CERTIFY:

          That a Certificate of Designation setting forth the rights, preferences, privileges, restrictions and other matters relating to said corporation's Series 2-A Convertible
Preferred Stock was filed in said office of the Secretary of State on November 8, 2000.

          That the Board of Directors of said corporation by the unanimous written consent of its members, filed with the minutes of the Board, on June 29, 2005 duly adopted a resolution
authorizing and directing a decrease in the number of shares designated as Series 2-A Convertible Preferred Stock of the corporation, from 1,672,328 shares to 3,900 shares, in accordance with the
provisions of Section 151 of the General Corporation Law of the State of Delaware. The 1,668,428 shares were returned to the status of undesignated shares of said corporation's Preferred
Stock.

          IN WITNESS WHEREOF, said corporation has caused this certificate to be signed by Dennis M. Smith, its Chief Executive Officer, this 29th day of June, 2005

		  

Dennis M. Smith

Chief Executive Officer

Vsource, Inc.CERTIFICATE OF DECREASE

OF

SHARES DESIGNATED

AS

SERIES 3-A CONVERTIBLE PREFERRED STOCK

          Vsource, Inc., a corporation organized and existing under the General Corporation Law of the State of Delaware,

          DOES HEREBY CERTIFY:

          That a Certificate of Designations, Preferences and Rights of said corporation's Series 3-A Convertible Preferred Stock was filed in said office of the Secretary of State on
June 20, 2001.

          That the Board of Directors of said corporation by the unanimous written consent of its members, filed with the minutes of the Board, on June 29, 2005 duly adopted a resolution
authorizing and directing a decrease in the number of shares designated as Series 3-A Convertible Preferred Stock of the corporation, from 500,000 shares to zero shares, in accordance with the
provisions of Section 151 of the General Corporation Law of the State of Delaware. The 500,000 shares were returned to the status of undesignated shares of said corporation's Preferred
Stock.

          IN WITNESS WHEREOF, said corporation has caused this certificate to be signed by Dennis M. Smith, its Chief Executive Officer, this 29th day of June, 2005

		  

Dennis M. Smith

Chief Executive Officer

Vsource, Inc.CERTIFICATE OF DECREASE

OF

SHARES DESIGNATED

AS

SERIES 4-A CONVERTIBLE PREFERRED STOCK

          Vsource, Inc., a corporation organized and existing under the General Corporation Law of the State of Delaware,

          DOES HEREBY CERTIFY:

          That a Certificate of Designations, Preferences and Rights of said corporation's Series 4-A Convertible Preferred Stock was filed in said office of the Secretary of State on
October 23, 2002.

          That the Board of Directors of said corporation by the unanimous written consent of its members, filed with the minutes of the Board, on June 29, 2005 duly adopted a resolution
authorizing and directing a decrease in the number of shares designated as Series 4-A Convertible Preferred Stock of the corporation, from 25,000 shares to zero shares, in accordance with the
provisions of Section 151 of the General Corporation Law of the State of Delaware. The 25,000 shares were returned to the status of undesignated shares of said corporation's Preferred
Stock.

          IN WITNESS WHEREOF, said corporation has caused this certificate to be signed by Dennis M. Smith, its Chief Executive Officer, this 29th day of June, 2005

		  

Dennis M. Smith

Chief Executive Officer

Vsource, Inc.AMENDMENT. No. 1 TO EMPLOYMENT AGREEMENT

     This amendment to employment agreement is made this 28th day of March, 2005
by and between MIAMI SUBS CORPORATION, a Florida corporation, with its principal
place of business at 6300 Northwest 31st Avenue, Fort Lauderdale, Florida 33309
(the "Company"), and Donald L. Perlyn, residing at 2798 N.W. 27th Terrace, Boca
Raton, Fl. 33434 (the "Executive").

                               W I T N E S S E T H

     WHEREAS, the Company and the Employee are parties to an Employment
Agreement dated as of January 15, 1999 (the "Employment Agreement");

     WHEREAS, Nathan's Famous, Inc., a Delaware corporation ("Parent"), the
owner of the Company, is a signatory to the Employment Agreement; and

     WHEREAS, the Company, Parent and the Employee desire to amend the
Employment Agreement in accordance with the terms hereof.

     NOW, THEREFORE, for good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, the parties hereto do hereby agree
as follows:

     1. Section 9(b)(i) of the Employment Agreement is hereby amended and
restated to read as follows:

               "(i)  participating,  directly or  indirectly,  as an  individual
               proprietor,  partner,  stockholder,  officer, employee, director,
               joint venturer,  investor,  lender, consultant or in any capacity
               whatsoever (A) in the State of Florida or New York, in a business
               in competition with the quick-service  restaurant business or (B)
               in the United  States,  in a  business  in  competition  with the
               business of selling food products to the foodservice industry, in
               each case as conducted by the Company, its affiliated entities or
               its licensees during the Employment Term; provided, however, that
               such  prohibited  participation  shall not include:  (x) the mere
               ownership  of not  more  than  one  percent  (1%)  of  the  total
               outstanding stock of a publicly held company; (y) the performance
               of services for any  enterprise  to the extent such  services are
               not  performed,  directly  or  indirectly,  for a business in the
               aforesaid  Competition;  or (z) any activity  engaged in with the
               prior written approval of the Board."

     2. Section 13 of the Employment Agreement is hereby amended and restated to
read as follows:

               "1. Change of Control.

<PAGE>

               Upon a "Change of Control" (as defined below) of the Parent,  the
               Company  shall pay  Executive,  within  thirty  (30) days of such
               event, a lump sum equal to three (3) times the amount of his Base
               Salary in effect at the time of such event,  together  with a pro
               rata portion of the bonus accrued through the date of such Change
               of Control. As used herein "Change of Control" means (a) a change
               in  control  as such  term is  presently  defined  in  Regulation
               240.12b-2  under the Securities  Exchange Act of 1934  ("Exchange
               Act");  or (b) if any  "person"  (as such term is used in Section
               13(d) and 14(d) of the Exchange Act) (other than any "person" who
               on the date of this  Agreement  is a  director  or officer of the
               Parent),  becomes  the  "beneficial  owner"  (as  defined in Rule
               13(d)-3  under the  Exchange  Act),  directly or  indirectly,  of
               securities of the Parent representing twenty (20%) percent of the
               voting power of the Parent's then outstanding securities;  or (c)
               if during any period of two (2) consecutive years during the term
               of Executive's  employment,  individuals  who at the beginning of
               such period constitute the Board of Directors of the Parent cease
               for any reason to constitute at least a majority thereof."

     3. Except as specifically amended by this Amendment, the Employment
Agreement shall remain in full force and effect in all respects as originally
executed.

     4. This Amendment may be executed in several counterparts, each of which
shall be deemed an original and all of which shall constitute one and the same
instrument. This Amendment shall be governed in all respects, including
validity, interpretation and effect, by the laws of the State of New York,
applicable to contracts made and to be performed entirely in New York.

<PAGE>

     IN WITNESS WHEREOF, the Company and Parent have each caused this Amendment
to be duly executed by an authorized officer and Executive has hereunto set his
hand as of the date first set forth above.

                                  MIAMI SUBS CORPORATION

                                  By:   /s/Jerry Woda
                                     ------------------------------------
                                        Name:  Jerry Woda
                                        Title: Vice President

                                   /s/Donald L. Perlyn
                                  ---------------------------------------
                                   Donald L. Perlyn

                                  NATHAN'S FAMOUS, INC.

                                  By:  /s/Wayne Norbitz
                                     ------------------------------------

                                      Name:   Wayne Norbitz
                                            -----------------------------
                                      Title:  Presidnet
                                             ----------------------------

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