Document:

Prepared by MerrillDirect

Exhibit 10.1

APPENDIX A

TEKGRAF, INC.

1997 STOCK OPTION PLAN

(As Amended and Restated Effective June 29, 2001)

1.          Purpose.

             The purpose of this plan (the
“Plan”) is to secure for TEKGRAF, INC. (the “Company”) and its stockholders the
benefits arising from capital stock ownership by employees, officers and
directors of, and consultants or advisors to, the Company who are expected to
contribute to the Company’s future growth and success. Except where the context
otherwise requires, the term “Company” shall include all present and future
subsidiaries of the Company as defined in Sections 424(e) and 424(f) of the
Internal Revenue Code of 1986, as amended or replaced from time to time (the
“Code”). Those provisions of the Plan which make express reference to Section
422 shall apply only to Incentive Stock Options (as that term is defined in the
Plan).

2.          Type of
Options and Administration.

             (a)             Types
of Options. Options granted pursuant to the Plan may be either incentive stock
options (“Incentive Stock Options”) meeting the requirements of Section 422 of
the Code or nonqualified stock options which are not intended to meet the
requirements of Section 422 of the Code, as determined by the Committee (as
defined below).

             (b)             Administration.
The Plan will be administered by a committee (the “Committee”) appointed by the
Board of Directors of the Company (“Board”), whose construction and
interpretation of the terms and provisions of the Plan shall be final and
conclusive. To the extent determined necessary or desirable by the Board, the
Committee shall consist of two or more members of the Board, each of whom shall
constitute both a “non-employee director” within the meaning of Rule 16b-3
(“Rule 16b-3”) promulgated under the Securities Exchange Act of 1934 (the
“Exchange Act”) and an “outside director” within the meaning of Code Section
162(m). The Committee may in its sole discretion grant options to purchase
shares of the Company’s Class A Common Stock, $.001 par value per share
(“Common Stock”) and issue shares upon exercise of such options as provided in
the Plan. The Committee shall have authority, subject to the express provisions
of the Plan, to construe the respective option agreements and the Plan, to
prescribe, amend and rescind rules and regulations relating to the Plan, to
determine the terms and provisions of the respective option agreements, which
need not be identical, and to make all other determinations in the judgment of
the Committee necessary or desirable for the administration of the Plan. The
Committee may correct any defect or supply any omission or reconcile any
inconsistency in the Plan or in any option agreement in the manner and to the
extent it shall deem expedient to carry the Plan into effect and it shall be
the sole and final judge of such expediency. No director or person acting
pursuant to authority delegated by the Committee shall be liable for any action
or determination under the Plan made in good faith. If at any time the Board
has not appointed a Committee under the Plan, the Board shall act as the
Committee.

3.          Eligibility

             Options may be granted to persons
who are, at the time of grant, employees, officers or directors of, or
consultants or advisors to, the Company provided, that Incentive Stock Options
may only be granted to individuals who are employees of the Company (within the
meaning of Section 3401(c) of the Code). A person who has been granted an
option may, if he or she is otherwise eligible, be granted additional options
if the Committee shall so determine.

4.          Stock
Subject to Plan.

             The stock subject to options
granted under the Plan shall be shares of authorized but unissued or reacquired
Common Stock. Subject to adjustment as provided in Section 15 below, (i) the
maximum number of shares of Common Stock of the Company which may be issued and
sold under the Plan is 1,250,000 shares, and (ii) in no event shall the number
of shares of Common Stock underlying options awarded to any individual in any
12-month period exceed 300,000 shares. If an option granted under the Plan
shall expire, terminate or is cancelled for any reason without having been
exercised in full, the unpurchased shares subject to such option shall again be
available for subsequent option grants under the Plan.

5.          Forms of
Option Agreements.

             As a condition to the grant of an
option under the Plan, each recipient of an option shall execute an option
agreement in such form not inconsistent with the Plan as may be approved by the
Committee. Such option agreements may differ among recipients.

6.          Purchase
Price.

             (a)             General.
The purchase price per share of stock deliverable upon the exercise of an
option shall be determined by the Committee at the time of grant of such
option; provided, however, that in the case of an Incentive Stock Option, the
exercise price shall not be less than 100% of the Fair Market Value (as
hereinafter defined) of such stock, at the time of grant of such option, or
less than 110% of such Fair Market Value in the case of options described in
Section 11(b). “Fair Market Value” of a share of Common Stock of the Company as
of a specified date for the purposes of the Plan shall mean the closing price
of a share of the Common Stock on the principal securities exchange on which
such shares are traded on the day immediately preceding the date as of which
Fair Market Value is being determined, or on the next preceding date on which
such shares are traded if no shares were traded on such immediately preceding
day, or if the shares are not traded on a securities exchange, Fair Market
Value shall be deemed to be the average of the high bid and low asked prices of
the shares in the over-the-counter market on the day immediately preceding the
date as of which Fair Market Value is being determined or on the next preceding
date on which such high bid and low asked prices were recorded. If the shares
are not publicly traded, Fair Market Value of a share of Common Stock
(including, in the case of any repurchase of shares, any distributions with
respect thereto which would be repurchased with the shares) shall be determined
in good faith by the Committee.

             (b)             Payment
of Purchase Price. Options granted under the Plan may provide for the payment
of the exercise price by delivery of cash or a check to the order of the
Company in an amount equal to the exercise price of such options, or, to the
extent provided in the applicable option agreement, (i) by delivery to the
Company of shares of Common Stock of the Company that have been held by the
optionee at least six months having a Fair Market Value on the date of exercise
equal in amount to the exercise price of the options being exercised, (ii) by
any other means which the Committee determines are consistent with the purpose
of the Plan and with applicable laws and regulations (including, without
limitation, the provisions of Rule 16b-3 and Regulation T promulgated by the
Federal Reserve Board) or (iii) by any combination of such methods of payment. Payment of the exercise price by delivery of Common
Stock then owned by the optionee may be made, if permitted by the Committee,
only if such payment does not result in a charge to earnings for financial
accounting purposes as determined by the Committee.

7.          Option
Period.

             Subject to earlier termination as
provided in the Plan, each option and all rights thereunder shall expire on
such date as determined by the Board of Directors and set forth in the
applicable option agreement, provided, that such date shall not be later than
(10) ten years after the date on which the option is granted.

8.          Exercise of
Options.

             Each option granted under the Plan
shall be exercisable either in full or in installments at such time or times
and during such period as shall be set forth in the option agreement evidencing
such option, subject to the provisions of the Plan. If an option is not at the
time of grant immediately exercisable, the Committee may (i) in the agreement
evidencing such option, provide for the acceleration of the exercise date or
dates of the subject option upon the occurrence of specified events, and/or
(ii) at any time prior to the complete termination of an option, accelerate the
exercise date or dates of such option.

9.             Nontransferability
of Options.

             No option granted under this Plan
shall be assignable or otherwise transferable by the optionee except by will or
by the laws of descent and distribution or pursuant to a domestic relations
order that would satisfy the applicable requirements of a qualified domestic
relations order within the meaning of Section 414(p) of the Code and the rules
thereunder, if those provisions were applicable to the Plan. An option may be
exercised during the lifetime of the optionee only by the optionee. In the
event an optionee dies during his employment by the Company or any of its
subsidiaries, or during the three-month period following the date of
termination of such employment, his option shall thereafter be exercisable,
during the period specified in the option agreement, by his executors or
administrators to the full extent to which such option was exercisable by the
optionee at the time of his death during the periods set forth in Section 10 or
11(d).  Notwithstanding
the foregoing provisions of this Section 9, the Committee may, in its sole
discretion and subject to such limits as the Committee may determine, provide
at the time an option is granted or thereafter, that the option may be
transferred for no consideration to members of the optionee’s immediate family,
to a trust solely for the benefit of the optionee or members of the optionee’s
immediate family, or to a partnership or limited liability company, the sole
partners or members of whom are the optionee or members of the optionee’s
immediate family.  For purposes of this
Section 9, “immediate family” means the optionee’s spouse, children, stepchildren,
brothers, sisters and grandchildren, and the spouse of any such individual. Any
option transferred pursuant to this Section 9 shall remain subject to all of
the terms and conditions applicable to the option prior to such transfer.

10.        Effect of
Termination of Employment or Other Relationship.

             Except as provided in Section 11(d)
with respect to Incentive Stock Options, and subject to the provisions of the
Plan, an optionee may exercise an option at any time within three (3) months
following the termination of the optionee’s employment or other relationship
with the Company or within one (1) year if such termination was due to the
death or disability (as determined by the Committee) of the optionee, to the
extent that such option was exercisable at the optionee’s termination of
employment or other relationship, but in no event later than the expiration
date of the option. If the termination of the optionee’s employment or
relationship with the Company is for cause or is otherwise attributable to a
breach by the optionee of an employment or confidentiality or non-disclosure
agreement, the option shall expire immediately upon such termination. The
Committee shall have the power to determine what constitutes a termination for
cause or a breach of an employment or confidentiality or non-disclosure
agreement, whether an optionee has been terminated for cause or has breached
such an agreement, and the date upon which such termination for cause or breach
occurs. Any such determinations shall be final and conclusive and binding upon
the optionee.  Unless the Committee
determines otherwise, any portion of an option that is not exercisable on the
optionee’s termination of employment or other relationship with the Company
will be forfeited on such termination date.

11.        Incentive
Stock Options.

             Options granted under the Plan
which are intended to be Incentive Stock Options shall be subject to the
following additional terms and conditions:

             (a)             Express
Designation. All Incentive Stock Options granted under the Plan shall, at the
time of grant, be specifically designated as such in the option agreement
covering such Incentive Stock Options.

             (b)             10%
Stockholder. If any employee to whom an Incentive Stock Option is to be granted
under the Plan is, at the time of the grant of such option, the owner of stock
possessing more than 10% of the total combined voting power of all classes of
stock of the Company (after taking into account the attribution of stock
ownership rules of Section 424(d) of the Code), then the following special
provisions shall be applicable to the Incentive Stock Option granted to such
individual:

	             (i)     The purchase price per share of the
  Common Stock subject to such Incentive Stock Option shall not be less than
  110% of the Fair Market Value of one share of Common Stock at the time of
  grant; and
	 
	             (ii)    the option exercise period shall not
  exceed five years from the date of grant.

             (c)             Dollar
Limitation. For so long as the Code shall so provide, options granted to any
employee under the Plan (and any other incentive stock option plans of the
Company) which are intended to constitute Incentive Stock Options shall not, in
the aggregate, become exercisable for the first time in any one calendar year
for shares of Common Stock with an aggregate Fair Market Value, as of the
respective date or dates of grant, of more than $100,000.

             (d)             Termination
of Employees, Death or Disability. No Incentive Stock Option may be exercised
unless, at the time of such exercise, the optionee is, and has been
continuously since the date of grant of his or her option, employed by the
Company, except that:

	             (i)     an Incentive Stock Option may be
  exercised within the period of three months after the date the optionee
  ceases to be an employee of the Company (or within such lesser period as may
  be specified in the applicable option agreement), provided, that the
  agreement with respect to such option may designate a longer exercise period
  and that the exercise after such three-month period shall be treated as the
  exercise of a non-statutory option under the Plan;
	 
	             (ii)    if the optionee dies while in the employ
  of the Company, or within three months after the optionee ceases to be such
  an employee, the Incentive Stock Option may be exercised by the person to
  whom it is transferred by will or the laws of descent and distribution within
  the period of one year after the date of death (or within such lesser period
  as may be specified in the applicable option agreement); and
	 
	             (iii)   if the optionee becomes disabled (within
  the meaning of Section 22(e) (3) of the Code or any successor provisions
  thereto) while in the employ of the Company, the Incentive Stock Option may
  be exercised within the period of one year after the date the optionee ceases
  to be such an employee because of such disability (or within such lesser period
  as may be specified in the applicable option agreement).

 

             For
all purposes of the Plan and any option granted hereunder, “employment” shall
be defined in accordance with the provisions of Section 1.421-7(h) of the
Income Tax Regulations (or any successor regulations). Notwithstanding the
foregoing provisions, no Incentive Stock Option may be exercised after its
expiration date.  Unless determined
otherwise by the Committee, any portion of an Incentive Stock Option which is
not exercisable on the optionee’s termination of employment with the Company
shall be forfeited.  To the extent that
an option which is intended to be an Incentive Stock Option does not satisfy
the requirements of Code Section 422, it shall be treated as a nonqualified
option.

12.        Additional
Provisions.

             (a)             Additional
Option Provisions. The Committee may, in its sole discretion, include
additional provisions in option agreements covering options granted under the
Plan, including without limitation restrictions on transfer, repurchase rights,
rights of first refusal, commitments to pay cash bonuses, to make, arrange for
or guaranty loans or to transfer other property to optionees upon exercise of
options, or such other provisions as shall be determined by the Committee;
provided, that such additional provisions shall not be inconsistent with any
other term or condition of the Plan.

             (b)             Acceleration,
Extension, Etc. The Committee may, in its sole discretion, (i) accelerate the
date or dates on which all or any particular option or options granted under
the Plan may be exercised or (ii) extend the dates during which all, or any
particular, option or options granted under the Plan may be exercised.

13.        General
Restrictions.

             (a)             Investment
Representations. The Company may require any person to whom an option is
granted, as a condition of exercising such option, to give written assurances
in substance and form satisfactory to the Company to the effect that such
person is acquiring the Common Stock subject to the option for his or her own
account for investment and not with any present intention of selling or
otherwise distributing the same, and to such other effects as the Company deems
necessary or appropriate in order to comply with federal and applicable state
securities laws, or with covenants or representations made by the Company in
connection with any public offering of its Common Stock.

             (b)             Compliance
With Securities Laws. Each option shall be subject to the requirement that if,
at any time, counsel to the Company shall determine that the listing,
registration or qualification of the shares subject to such option upon any
securities exchange or under any state or federal law, or the consent or
approval of any governmental or regulatory body, or that the disclosure of
non-public information or the satisfaction of any other condition is necessary
as a condition of, or in connection with the issuance or purchase of shares
thereunder, such option may not be exercised, in whole or in part, unless such
listing, registration, qualification, consent, or approval, or satisfaction of
such condition shall have been effected or obtained on conditions acceptable to
the Committee. Nothing herein shall be deemed to require the Company to apply
for or to obtain such listing, registration or qualification, or to satisfy
such condition.

14.        Rights as a
Stockholder.

             The holder of an option shall have
no rights as a stockholder with respect to any shares covered by the option
(including, without limitation, any rights to receive dividends or non-cash distributions
with respect to such shares) until the date of issue of a stock certificate to
him or her for such shares. No adjustment shall be made for dividends or other
rights for which the record date is prior to the date such stock certificate is
issued.

15.             Adjustment
Provisions for Recapitalizations, Reorganizations and Related Transactions.

             (a)             Recapitalizations
and Related Transactions. If, through or as a result of any recapitalization,
reclassification, stock dividend, stock split, reverse stock split, spinoff or
other similar transaction, (i) the outstanding shares of Common Stock are
increased, decreased or exchanged for a different number or kind of shares or
other securities of the Company, or (ii) additional shares or new or different
shares or other non-cash assets are distributed with respect to such shares of
Common Stock or other securities, the Committee, in its sole discretion, shall
make an appropriate and proportionate adjustment in (x) the maximum number and
kind of shares reserved for issuance under the Plan, (y) the number and kind of
shares or other securities subject to any then outstanding options under the
Plan, and (z) the price for each share subject to any then outstanding options
under the Plan, without changing the aggregate purchase price as to which such
options remain exercisable.

             (b)             Reorganization,
Merger and Related Transactions. If the Company shall be the surviving
corporation in any reorganization, merger or consolidation of the Company with
one or more other corporations, any then outstanding option granted pursuant to
the Plan shall pertain to and apply to the securities to which a holder of the
number of shares of Common Stock subject to such options would have been
entitled immediately following such reorganization, merger, or consolidation,
with a corresponding proportionate adjustment of the purchase price as to which
such options may be exercised so that the aggregate purchase price as to which
such options may be exercised shall be the same as the aggregate purchase price
as to which such options may be exercised for the shares remaining subject to
the options immediately prior to such reorganization, merger, or
consolidation.  For purposes of this
Section 15 and Section 16, the Company will be treated as the “surviving
corporation” in a merger, consolidation or similar transaction if substantially
all of the individuals and entities who were the beneficial owners of the
voting securities of the Company immediately prior to the transaction continue
to own, directly or indirectly, immediately after the transaction at least 60%
of the outstanding shares of voting securities of the corporation resulting
from the transaction.

             (c)             Board Authority to Make
Adjustments. Any adjustments under this Section 15 will be made by the
Committee, whose determination as to what adjustments, if any, will be made and
the extent thereof will be final, binding and conclusive. No fractional shares
will be issued under the Plan on account of any such adjustments.

16.        Merger,
Consolidation, Asset Sale, Liquidation, Etc.

             (a)             General.
In the event of a consolidation or merger in which the Company is not the
surviving corporation, or sale of all or substantially all of the assets of the
Company in which outstanding shares of Common Stock are exchanged for
securities, cash or other property of any other corporation or business entity
or in the event of a liquidation of the Company (collectively, a “Corporate
Transaction”), the Committee, or the board of directors of any corporation
assuming the obligations of the Company, may, in its discretion, take any one
or more of the following actions, as to outstanding options: (i) provide that
such options shall be assumed, or equivalent options shall be substituted, by
the acquiring or succeeding corporation (or an affiliate thereof), provided
that any such options substituted for Incentive Stock Options shall meet the
requirements of Section 424(a) of the Code, (ii) upon written notice to the
optionees, provide that all unexercised options will terminate immediately
prior to the consummation of such transaction unless exercised by the optionee
within a specified period following the date of such notice, (iii) in the event
of a Corporate Transaction under the terms of which holders of the Common Stock
of the Company will receive upon consummation thereof a cash payment for each
share surrendered in the Corporate Transaction (the “Transaction Price”), make
or provide for a cash payment to the optionees equal to the difference between
(A) the Transaction Price times the number of shares of Common Stock subject to
such outstanding options (to the extent then exercisable at prices not in
excess of the Transaction Price) and (B) the aggregate exercise price of all
such outstanding options in exchange for the termination of such options, and
(iv) provide that all or any outstanding options shall become exercisable in
full immediately prior to such event.

             (b)             Substitute
Options. The Company may grant options under the Plan in substitution for
options held by employees of another corporation who become employees of the
Company, or a subsidiary of the Company, as the result of a merger or
consolidation of the employing corporation with the Company or a subsidiary of
the Company, or as a result of the acquisition by the Company, or one of its
subsidiaries, of property or stock of the employing corporation. The Company
may direct that substitute options be granted on such terms and conditions as
the Committee considers appropriate in the circumstances.

17.        No Special
Employment Rights.

             Nothing contained in the Plan or in
any option shall confer upon any optionee any right with respect to the
continuation of his or her employment by the Company or interfere in any way
with the right of the Company at any time to terminate such employment or to
increase or decrease the compensation of the optionee.

18.        Other
Employee Benefits.

             Except as to plans which by their
terms expressly include such amounts as compensation, the amount of any
compensation deemed to be received by an employee as a result of the exercise
of an option or the sale of shares received upon such exercise will not
constitute compensation with respect to which any other employee benefits of
such employee are determined, including, without limitation, benefits under any
bonus, pension, profit-sharing, life insurance or salary continuation plan,
except as otherwise specifically determined by the Board of Directors.

19.             Amendment of
the Plan.

             The Board of Directors may at any
time, and from time to time, modify or amend the Plan in any respect; provided,
however, subject to Sections 15 and 16 (relating to adjustments to shares), no
such modification or amendment shall, without the optionee’s consent, adversely
affect the rights of such optionee with respect to options previously granted
to him or her under the Plan.

20.             Withholding.

             (a)             The
Company shall have the right to deduct from payments of any kind otherwise due
to the optionee any federal, state or local taxes of any kind required by law
to be withheld with respect to any shares issued upon exercise of options under
the Plan. Subject to the prior approval of the Committee, which may be withheld
by the Committee in its sole discretion, the optionee may elect to satisfy the
minimum tax withholding obligations required by law, in whole or in part, (i)
by causing the Company to withhold shares of Common Stock otherwise issuable
pursuant to the exercise of an option or (ii) by delivering to the Company
shares of Common Stock already owned by the optionee. The shares so delivered
or withheld shall have a Fair Market Value equal to such withholding obligation
as of the date that the amount of tax to be withheld is to be determined. An
optionee who has made an election pursuant to this Section 20(a) may only satisfy
his or her withholding obligation with shares of Common Stock which are not
subject to any repurchase, forfeiture, unfulfilled vesting or other similar
requirements.

             (b)             The
acceptance of shares of Common Stock upon exercise of an Incentive Stock Option
shall constitute an agreement by the optionee (i) to notify the Company if any
or all of such shares are disposed of by the optionee within two years from the
date the option was granted or within one year from the date the shares were
issued to the optionee pursuant to the exercise of the option, and (ii) if
required by law, to remit to the Company, at the time of and in the case of any
such disposition, an amount sufficient to satisfy the Company’s federal, state
and local withholding tax obligations with respect to such disposition, whether
or not, as to both (i) and (ii), the optionee is in the employ of the Company
at the time of such disposition.

21.             Cancellation
and New Grant of Options, Etc.

             The Committee shall have the
authority to effect, at any time and from time to time, with the consent of the
affected optionees, (i) the cancellation of any or all outstanding options
under the Plan and the grant in substitution therefor of new options under the
Plan covering the same or different numbers of shares of Common Stock and
having an option exercise price per share which may be lower or higher than the
exercise price per share of the cancelled options or (ii) the amendment of the
terms of any and all outstanding options under the Plan to provide an option
exercise price per share which is higher or lower than the then-current
exercise price per share of such outstanding options.

22.        Effective
Date and Duration of the Plan.

             (a)             Effective
Date. This amendment and restatement of the Plan shall become effective when
adopted by the Board of Directors, subject to the approval of the Company’s
stockholders to the extent so provided by the Board.

             (b)             Termination.
Unless sooner terminated in accordance with Section 16, the Plan shall
terminate upon the earlier of (i) the close of business on the day next
preceding the tenth anniversary of the date of its initial adoption by the
Board, or (ii) the date on which all shares available for issuance under the
Plan shall have been issued pursuant to the exercise or cancellation of options
granted under the Plan. If the date of termination is determined under (i)
above, then options outstanding on such date shall continue to have force and
effect in accordance with the provisions of the instruments evidencing such options.

23.        Provision
for Foreign Participants.

             The Committee may, without amending
the Plan, modify awards or options granted to participants who are foreign
nationals or employed outside the United States to recognize differences in
laws, rules, regulations or customs of such foreign jurisdictions with respect
to tax, securities, currency, employee benefit or other matters.

24.             Governing
Law.

             The provisions of this Plan shall
be governed and construed in accordance with the laws of the State of Delaware
without regard to the principles of conflicts of laws.

             Adopted by the Board of Directors
on August 7, 1996, amended on May 26, 1999, amended and restated effective
March 26, 2000, February 22, 2001 and June 29, 2001.Prepared by MerrillDirect

Exhibit 10.2

Consulting Agreement

AGREEMENT made as of this 30th
day of April, 2001, between Tekgraf, Inc. (TKGF) with offices located at 980
Corporate Woods Parkway, Vernon Hills, IL 
60061  and Piedmont Consulting,
Inc., a Georgia corporation with offices at 3131 Piedmont Road, Suite #205,
Atlanta, Georgia 30305, (the “Consultant”).

WHEREAS, TKGF is a publicly held
corporation, and

WHEREAS, TKGF desires to retain
Consultant to provide public and investor relations Services for TKGF.

NOW, THEREFORE, in consideration of the
premises and the mutual covenants hereinafter set forth, Consultant and TKGF
hereby agrees as follows:

	 	1.	TERM:  This Agreement shall commence on the date
  hereof and shall extend thereafter for a period of 60 days.  Thereafter, the parties hereto may renew
  this Agreement by mutual consent.
	 	 	 
	 	2.	CONSULTING SERVICES:  During the Term of the contract,
  Consultant shall provide public and investor relations Services
  (collectively, the “Services”) to TKGF, which Services shall be geared to result
  in improved stock trading volume, higher stock price multiples, a broader
  following by analysts and institutions and new investment recommendations and
  providing directly, or managing the delivery of, a wide range of Services,
  including, but not limited to:
	 	 	 
	 	 	 	 	a.	Proactive
  marketing of TKGF’s common stock directly to influential security analysts,
  stock brokers and portfolio managers and investors selected from Consultant’s
  proprietary database of investment leaders across the country and abroad.
	 	 	 	 	 	 
	 	 	 	 	b.	Arranging
  meetings between TKGF’s management and current and/or potential investors,
  either in small groups or on a one-to-one basis, to establish ongoing
  relationships; and periodically supplementing these meetings with
  presentations at investment industry sponsored forums, through quarterly
  conference calls, and by quarterly mailings of our corporate profile.
	 	 	 	 	 	 
	 	 	 	 	c.	Assisting
  the companies in gaining media coverage both locally where the companies have
  operations nationally.  Consultant
  will also target certain internet advisory Services as well as monitor
  various other internet activities.
	 	 	 	 	 	 
	 	 	 	 	d.	Establishing
  a VIP list of analysts, brokers, portfolio managers, and investors that
  receive facsimiles and email addresses of news releases, facsimile
  notification of conference calls and mailings of TKGF’s 10K and 10Qs plus
  annual and any corporate updates.
	 	 	 	 	 	 
	 	 	 	 	e.	Establishing
  a broader news distribution list for direct facsimile and email addresses of
  TKGF.
	 	 	 	 	 	 
	 	 	 	 	f.	Assisting
  and/or advising in the authoring of press releases, including monitoring wire
  service coverage of TKGF for accuracy and pickup.
	 	 	 	 	 	 
	 	 	 	 	g.	Preparing
  presentations relating to TKGF for meetings with analysis, stock brokers,
  portfolio managers, and any large investors, as well as any sponsored forums.
	 	 	 	 	 	 
	 	 	 	 	h.	Assisting
  in preparing Information kits about TKGF in response to press and/or investor
  inquiries.
	 	 	 	 	 	 
	 	 	 	 	i.	Advising
  with TKGF’s management concerning marketing ideas, investor profile Information,
  methods of expanding TKGF’s investor support and increasing investor
  awareness of TKGF and their products and/or Services.
	 	 	 	 	 	 
	 	 	 	 	j.	Creating
  literature (including layout, printing and distribution to Consultant’s list
  of investors and stock brokers) describing TKGF’s business, products,
  marketing plans and financial potential.
	 	 	 	 	 	 
	 	 	 	 	k.	Providing
  such other Services and assistance as Consultant and TKGF shall deem
  necessary or appropriate to enhance TKGF’s business.
	 	 	 	 	 	 
	 	3.	APPROVAL OF INFORMATION:  All Information disseminated by Consultant
  regarding TKGF shall be derived from Information provided by TKGF to
  Consultant (the “Information”). 
  Consultant will obtain TKGF’s prior approval to distribution or
  dissemination of all Information.
	 	 	 
	 	4.	COMPENSATION:  Subject to Consultant’s compliance with
  the terms and conditions herein set forth, and in full consideration of the
  Services provided by Consultant hereunder, TKGF shall pay to Consultant, as
  its consulting fee (the “Fee”), and Consultant shall accept as full payment
  thereof, a fee consisting of:
	 	 	 
	 	 	 	 	a.	TKGF
  agrees to pay Piedmont Consulting, Inc. a $6,000 consulting fee to cover
  various administrative and support expenses.
	 	 	 	 	 	 
	 	 	 	 	b.	TKGF
  agrees to issue Piedmont Consulting 60,000 common shares of TKGF stock
  resalable pursuant to Rule 144, upon the following conditions.  Within the term of the Agreement, 30,000
  shares will be issued upon the stock trading at $1.00 or higher for 10
  trading days and the remaining 30,000 will be issued upon the stock trading
  at $1.50 or higher for 10 trading days. 
  If the stock does not trade above $1.00 as described above (or
  maintain NASD listing) Piedmont would not receive these shares unless term of
  Agreement extended by TKGF.  If
  issued, TKGF will grant standard piggy-back registration rights.
	 	 	 	 	 	 
	 	 	 	 	c.	TKGF
  agrees to pay Piedmont Consulting, Inc., a “finder fee” equal to 2% of any
  successful financing or successful acquisition directly referred by Piedmont
  Consulting, Inc.
	 	 	 	 	 
	 	5.	PERSONNEL:  Consultant is, and shall be, an
  independent contractor, and no Personnel utilized by Consultant in providing
  Services hereunder (the “Personnel”) shall be deemed to be an employee or
  agent of TKGF.
										

Moreover, neither Consultant nor any such
Personnel shall be empowered hereunder to act on behalf of TKGF.  Consultant shall have sole and exclusive
responsibility and liability for, and to, such Personnel, and Consultant alone
shall be responsible to make, and shall make, all necessary or appropriate
employee contributions, withholdings, and payments for all taxes, insurance
premiums, and social security contributions to be collected, withheld, filed,
and paid with respect to all such Personnel; whether pursuant to any social
security, unemployment insurance, worker’s compensation law or other federal,
state, or local law now in force and effect, or hereinafter enacted.

	 	6.	NON-ASSIGNABILITY:  The rights, obligations and benefits
  established by this Agreement shall not be assignable by either party
  hereto.  This Agreement shall,
  however, be binding upon and shall inure to the benefits of the parties and
  their successors.
	 	 	 
	 	7.	CONFIDENTIALITY:  Neither Consultant nor any of the
  Personnel, its Consultants, other employees, or officers or directors shall
  disclose any knowledge or Information it has, or they have obtained in the
  course of performing the Services provided for herein, which knowledge or
  Information concerns the confidential affairs of TKGF with respect to TKGF’s
  business or finances.
	 	 	 
	 	8.	COMPLIANCE  AND
  GOVERNING LAW:  Consultant, together with its agents,
  employees and associates, shall take all necessary, appropriate and
  reasonable steps to provide the Services in accordance with both the
  securities laws of the United States and the several States, and pursuant to
  the rules and regulations promulgated thereunder, as well as in accordance
  with the rules and regulations of the National Association of Securities
  Dealers.  The terms and provisions of
  this Agreement will be enforced in accordance with the laws of the State of
  Georgia, without regard to its conflicts of law principles.
	 	 	 
	 	9.	NOTICE:  Notice hereunder shall be in writing and
  shall be deemed to have been given (a) at a time when deposited for mailing
  in a receptacle under the control of the United States Postal Service, by
  registered or certified mail, prepaid, return receipt requested, or (b) on
  the business day following deposit with a reputable overnight courier for
  overnight delivery; each addressed to the respective party at the address as
  such party may fix by notice given pursuant to this paragraph.
	 	 	 
	 	10.	NO OTHER AGREEMENTS:  This Agreement supersedes all prior
  understandings, written or orally given and constitutes the entire Agreement
  between the parties hereto with respect to the subject matter hereof.  No waiver, modification or termination of
  this Agreement shall be valid unless in writing signed by each of the parties
  hereto.

IN WITNESS THEREOF, the parties have
hereunto set their hands and seals the day and year first above written.

	 	PIEDMONT CONSULTING, INC.	 	 	TEKGRAF, INC.
	By:  	 	 	By:  	 
	 	

	 	 	

	 	Keith
  Fetter, President	 	 	Tom
  Mason, CFO

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00028-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00028-of-00352.parquet"}]]