Document:

Untitled Document

CONFIRMATION
OF PURCHASE

March 10, 2006 

Genta
Incorporated 
Two Connell Drive
  Berkeley Heights, New Jersey 07922 

		Re: 	 	 Subscription
Agreement, dated March 6, 2006 (the  “Subscription Agreement”), between the
undersigned (the “Investor”)  and Genta Incorporated, a Delaware corporation
(the “Company”)

Ladies and
Gentlemen: 

This letter is
to confirm the undersigned Investor’s agreement with the  Company as follows
(capitalized terms used herein and not otherwise  defined shall have the meanings set
forth in the Subscription  Agreement): 

	
1. 	 	
 The
Investor entered into the Subscription  Agreement  pursuant  to  which,  subject  to the
satisfaction  of  certain  closing  conditions  by the  Company,  the  Investor  agreed
to purchase  from the Company,  and the Company  agreed to issue and sell to  the
Investor,  the  Shares  of  Common  Stock set forth in the  Subscription  Agreement  for
the aggregate  purchase  price set  forth therein.

	
2. 	 	
 The
Closing Date for the sale of the Shares had been scheduled  for Friday, March 10, 2006;
however, the Company now desires  to reschedule the Closing Date to Monday, March 13,
2006.

	
3. 	 	
 The
Investor  acknowledges  that it has received a copy of the  Company’s  Annual Report
on Form 10-K for the fiscal year ended  December 31, 2005 filed on March 10, 2006,  which
contains new,  additional  or  changed  information  the  Investor  may  deem  relevant
in making its investment  decision,  and confirms that  it  has  had an  opportunity  to
review  such  Annual  Report,  including the risk factors set forth therein.

	
4. 	 	
 The
Company  has  agreed  that  the  Investor  may,  in  its  discretion,  terminate its
commitment  under the  Subscription  Agreement  and not proceed  with the  Offering and
the purchase  of the Shares.  The  Investor  agrees that it has  reconsidered  its
purchase commitment pursuant to the Subscription  Agreement  based on its review of the
Annual  Report,  and has  elected to  take the action indicated below.

	
5. 	 	
 By
initialing the appropriate box below, the Investor hereby  elects as follows:

	 	The
      Investor agrees to proceed with the Offering and purchase of the
      Shares on March 13, 2006 in accordance with all the other terms set forth
      in the Subscription Agreement	 	The
      Investor does not agree to proceed with the Offering and terminates
      the Subscription Agreement 
	 	 	 	 
	 	o
	
	o

	
6. 	 	
 The
Investor  understands and agrees that Cowen & Co,  LLC  and  Rodman  & Renshaw,
LLC,  the  Placement  Agents  for the  Offering,  and  the  Company  will  be  relying
upon  this  Confirmation in proceeding with the Closing.

The undersigned
Investor and Genta Incorporated have executed this  Confirmation of Purchase. 

	 	GENTA
      INCORPORATED	 	 
	 	 	 	____________________________________
	 	 	 	INVESTOR
	 	 	 	 
	 	By:___________________________	 	By: _________________________________
	 	Name:_________________________	 	Print Name:___________________________
	 	Title:__________________________	 	Title:________________________________
	 	 	 	Address:_____________________________
	 	 	 	          
        _____________________________
	 	 	 	Date: March __, 2006Untitled Document

AMENDMENT
NO. 1 TO 
 PLACEMENT AGENT AGREEMENT

     Amendment
No. 1, dated as of March 10, 2006 (the “Amendment”),  by and among Genta
Incorporated, a Delaware corporation (the  “Company”), Cowen & Co., LLC (“Cowen”)
and Rodman & Renshaw, LLC  (“Rodman,” and together with Cowen, the “Placement
Agents”), to the  Placement Agent Agreement (the “Placement Agent Agreement”),
by and  among the Company and the Placement Agents.  Capitalized terms used  herein and
not otherwise defined herein shall have the meanings  ascribed to them in the Placement
Agent Agreement. 

WITNESSETH 

     WHEREAS,
the parties have entered into the Placement Agent  Agreement and the Company has entered
into several Subscription  Agreements, pursuant to which the Company shall sell Common
Stock to  the Purchasers; and 

     WHEREAS,
the parties hereto desire to amend a provision  contained in the Placement Agent
Agreement, as more particularly  described below. 

     NOW,
THEREFORE, in consideration of the foregoing and for  other good and valuable
consideration, the receipt and sufficiency of  which are hereby acknowledged, and
intending to be legally bound  hereby, the parties hereto hereby agree as follows: 

ARTICLE I. 

AMENDMENT TO
PLACEMENT AGENT AGREEMENT 

     Section
1.01 The parties hereto acknowledge and agree that Section 4 of the Placement Agent
Agreement shall be amended to reflect the fact that the Company desires to reschedule
the date for the closing of the Offering. Accordingly, Section 4 of the Placement
Agent Agreement is hereby deleted and amended and restated in its entirety as follows: 

     “4.
The Closing. The time and date of closing and delivery of the documents required to be
delivered to the Placement Agents pursuant to Section 5 hereof shall be at 10:00 A.M.,
New York time, on March 13, 2006 (the “Closing Date”) at the office of Morgan,
Lewis & Bockius LLP, 502 Carnegie Center, Princeton, New Jersey 08540.” 

ARTICLE II. 

MISCELLANEOUS 

     Section
2.01 Counterparts. This Amendment may be signed in counterparts, each of which shall
be an original, with the same effect as if the signatures thereto and hereto were upon
the same instrument. 

     Section
2.02 Ratification/Waiver. The parties hereto hereby acknowledge that all of the terms
and provisions of the Placement Agent Agreement, as amended hereby, are in full force
and effect, and that all other terms and provisions of the Placement Agent Agreement
shall remain unchanged and in full force and effect. 

     IN
WITNESS WHEREOF, the parties have executed this Amendment  No. 1 as of the date first
above written. 

	 	 
	 	GENTA INCORPORATED
	 	 
	 	By:________________________________
	 	Name:
	 	Title:
	 	 
	 	 
	 	COWEN & CO.,
      LLC
	 	 
	 	By:________________________________
	 	Name:
	 	Title:
	 	 
	 	 
	 	RODMAN & RENSHAW,
      LLC
	 	 
	 	By:________________________________
	 	Name:
	 	Title:Exhibit 10.1

                            SHARE EXCHANGE AGREEMENT
                                       AND
                             PLAN OF REORGANIZATION

DATE:             March 7, 2006

BETWEEN:          Pacel Corp. a Nevada corporation
                  7621 Little Ave., Suite 101
                  Charlotte, NC 28226 ("Pacel")

AND:              Antoinette Peterson, owner of all of the issued and
                  outstanding shares of common stock of United Personnel
                  Services, Inc., a Maine corporation ("Peterson")

                                    RECITALS

         A. Peterson owns 100% of the issued and outstanding shares ("Peterson
Shares") of United Personnel Services, Inc., a Maine corporation ("United"),
which operates a professional services organization in the State of Maine. In
addition, Peterson owns 100% of the issued and outstanding shares of World Wide
Personnel Services of Maine, Inc., a Maine corporation (" World Wide").

         B. Pacel desires to acquire the Peterson Shares, as well as all of the
issued and outstanding shares of World Wide, in exchange for the issuance of
Pacel's Series "C" Convertible Preferred Stock. ("Series "C" Stock").

         C. The acquisition by Pacel of World Wide will be the subject of a
subsequent Shares Exchange Agreement and Plan of Reorganization to be executed
by the parties following the closing of this Agreement. ("World Wide
Agreement").

         D. Pacel and Peterson intend by the execution of this Agreement to
adopt and qualify a plan of reorganization within the meaning of Section 368 (b)
of the Internal Revenue Code of 1986, as amended, pursuant to the terms and
conditions of this Agreement.

         NOW, THEREFORE, in consideration of the mutual promises and agreements
set forth herein, the parties hereto do hereby agree as follows:

                                                     AGREEMENT

         1.       EFFECTIVE DATE     The effective date of this Agreement shall
be January 1, 2006. ("Effective Date").

         2.       EXCHANGE OF SHARES.     At the Closing, as defined in Section
9 of this Agreement, Peterson shall assign, transfer and deliver to Pacel the
Peterson Shares. In exchange for the Peterson Shares. Pacel shall issue to
Peterson 500,000 shares of the Series "C" Stock, upon the execution and closing
of the World Wide Agreement. The Series "C" Stock shall have the rights and
limitations as set forth in the Certificate of Designation, attached hereto as
Exhibit "A" and incorporated by reference. The assignment, transfer, and
delivery by Peterson of the Peterson Shares to Pacel shall be effected on the
Closing Date by Peterson's execution and delivery of documents and instruments
necessary to assign, transfer, and deliver the Peterson Shares, free and clear
of any and all liens, encumbrances, security interests, claims and other
restrictions or charges of any kind whatsoever.

Page 1 - Share Exchange Agreement and Plan of Reorganization
<PAGE>
         3.       EMPLOYMENT AGREEMENT

                  (a) The parties acknowledge that the willingness of Pacel to
enter into this Agreement is contingent upon the ability of Pacel, as more
particularly described in Section 10 herein, to retain the services of
Antoinette Peterson and her husband, Michael Peterson, United and World Wide,
respectively.

                  (b) Within thirty (30) days of the Effective Date, Pacel and
Michael Peterson and Antoinette Peterson, respectively, shall negotiate and
agree upon compensation and other terms and conditions of their respective
employment agreements between Pacel and/or its subsidiaries and affiliates and
the Petersons ("Employment Agreements") based on the summary "Outline of
Employment Agreement Between Pacel and Peterson attached hereto as Exhibit "B"
and incorporated by this reference. Such terms and conditions agreed upon
between the parties shall be memorialized in separate Employment Agreements
within the time frame set forth in this section and shall be executed by the
parties thereto concurrent with the Closing of this Agreement.

         4.       DUE DILIGENCE REVIEW     Pacel and Peterson shall permit their
respective employees, agents, accountants, legal counsel and other
representatives to have access to each others books, records, employees,
counsel, accountants, and other representatives at all reasonable times for the
purpose of conducting their respective due diligence investigation. Each party
will make available to the other for examination and reproduction all documents
and data of every kind and character relating to this Agreement and the
transactions contemplated hereby, in possession or control of, or subject to
reasonable access by either party. All such due diligence investigation shall be
completed and each party shall notify the other in writing of the satisfaction
or removal of this due diligence review condition within thirty (30) days of the
Effective Date. Upon mutual agreement of the parties, additional time may be
allowed to complete such due diligence investigation. Should a party ("Reviewing
Party") become aware of any information during its due diligence investigation
which, in the opinion of the Reviewing Party, could have material adverse impact
on this Agreement and/or the transactions contemplated hereby, the Reviewing
Party shall immediately notify the other party ("Receiving Party") in writing of
such information and the concerns which such information has caused. The
Receiving Party shall have a reasonable time to respond to those concerns. In
the event that the concerns cannot be resolved to the satisfaction of the
Reviewing Party, the Reviewing Party shall have the right to terminate this
Agreement without further liability hereunder. Each party shall bear the costs
and expenses of its own due diligence investigation hereunder, including the
fees and expenses of professional advisors.

         5.       CONDUCT OF BUSINESS; INTERIM OPERATIONS     Pending the
Closing of this Agreement and the transactions contemplated thereby, Peterson
shall use her best efforts to conduct the business of United in a reasonable and
prudent manner in accordance with its past practices, to preserve its existing
business organizations and relationships with its employees, customers, clients
and others with whom it has a business relationship, to preserve and protect its
properties, and to conduct its business in compliance with applicable laws and
regulations. Without the prior written consent of Pacel, United shall not:

                  (a) merge into or with or consolidate with, any other
corporation;

                  (b) amend its articles of incorporation or bylaws;

                  (c) issue any capital stock or other securities, or grant or
enter into any agreement to grant, any options, convertible rights, warrants,
calls, or agreements relating to its securities;

                  (d) enter into, or terminate, any material agreement;

Page 2 - Share Exchange Agreement and Plan of Reorganization
<PAGE>
                  (e) engage in any one or more activities or transactions
outside the ordinary course of business;

                  (f) enter into any transaction or make any commitment which
could result in any of the warranties and representations of Peterson contained
in this Agreement not being true and correct after the occurrence of such
transaction or event.

         6.       WARRANTIES AND REPRESENTATIONS OF PETERSON     Peterson
warrants and represents to Pacel, as of the date hereof, as follows:

                  (a) United is a corporation duly organized under the laws of
the State of Maine, validly existing and in good standing, authorized to
exercise all its corporate powers, rights and privilege and has the corporate
power and authority to own and operate its properties and to carry on its
business as now conducted.

                  (b) Peterson has all requisite legal and corporate power to
execute and deliver this Agreement, consummate the transactions contemplated
hereby and perform its obligations hereunder.

                  (c) All corporate action on the part of United necessary for
the authorization, execution, delivery and performance of all obligations under
this Agreement will be taken and this Agreement constitutes a legal, valid and
binding obligation enforceable according to its terms.

                  (d) Peterson has, and will have at Closing, legal and
beneficial ownership of Peterson Shares, free and clear of any and all liens and
encumbrances or other restrictions or limitations and has, and will have at
Closing, all required legal and corporate power to transfer and convey Peterson
Shares to Pacel.

                  (e) There are no claims, actions, suits, investigations or
proceedings against Peterson or United pending or, to the knowledge of Peterson,
threatened in any court or before or by any governmental authority, or before
any arbitrator, that might have an adverse effect on United or Peterson Shares,
and to the knowledge of Peterson, there is no basis for any such claim, action,
suit, investigation or proceeding that is likely to result in a judgment, decree
or order having an adverse effect on United or Peterson Shares. Peterson and
United are not in default under, and no condition exists that would (i)
constitute a default under, or breach or violation of, any legal requirement,
permit or contract applicable to Peterson or United, or (ii) accelerate or
permit the acceleration of the performance required under, or give any party the
right, to terminate any contract.

                  (f) No suit, action or other proceeding is pending or, or to
the knowledge of Peterson, threatened before any governmental authority seeking
to restrain Peterson or prohibit its entry into this Agreement or prohibit the
Closing, or seeking damages against Peterson or United as a result of the
consummation of this Agreement.

                  (g) Neither the execution and delivery of this Agreement nor
the carrying out of any of the transactions contemplated hereby will:

                           i.       violate or conflict with any of the terms
                                    and conditions or provisions of the articles
                                    of incorporation or bylaws of United;

Page 3 - Share Exchange Agreement and Plan of Reorganization
<PAGE>

                           ii.      violate any legal requirement applicable to
                                    Peterson or United

                           iii.     violate, conflict with, result in a breach
                                    of, constitute a default under, or
                                    accelerate or permit the acceleration of the
                                    performance required by, or give any other
                                    party the right to terminate, any contract
                                    or permit applicable to Peterson or United;

                           iv.      result in the creation of any lien, charge
                                    or other encumbrance on any property of
                                    Peterson or United other than as provided
                                    for herein; or

                           v.       require Peterson or United to obtain or make
                                    any waiver, consent, action, approval or
                                    authorization of, or registration,
                                    declaration, notice or filing with, any
                                    private non-governmental third party or any
                                    governmental authority.

         7.       WARRANTIES AND REPRESENTATIONS OF PACEL     Pacel warrants and
represents to Peterson as follows:

                  (a) Pacel is a corporation duly organized under the laws of
the State of Nevada, validly existing and in good standing, is authorized to
exercise all its corporate powers, rights and privileges and has the corporate
power and authority to own and operate its properties and to carry on its
businesses as now conducted.

                  (b) Pacel has all requisite legal and corporate power to
execute and deliver this Agreement, consummate the transactions contemplated
hereby and perform its obligations hereunder.
                   (c) All corporate action on Pacel's part necessary for the
authorization, execution, delivery and performance of all obligations under this
Agreement and for the issuance and delivery of the Pacel Shares will be taken,
and this Agreement constitutes a legal, valid and binding obligation of Pacel
enforceable according to its terms.

                  (d) Neither the execution and delivery of this Agreement nor
the carrying out of any of the transactions contemplated hereby will:

                           i.       violate or conflict with any of the terms
                                    and conditions or provisions of the articles
                                    of incorporation or bylaws of Pacel;

                           ii.      violate any legal requirement applicable to
                                    Pacel;

                           iii.     violate, conflict with, result in a breach
                                    of, constitute a default under, or
                                    accelerate or permit the acceleration of the
                                    performance required by, or give any other
                                    party the right to terminate, any contract
                                    or permit applicable to Pacel;

                           iv.      result in the creation of any lien, charge
                                    or other encumbrance on any property of
                                    Pacel; or

Page 4 - Share Exchange Agreement and Plan of Reorganization
<PAGE>
                           v.       require Pacel to obtain or make any waiver,
                                    consent, action, approval or authorization
                                    of, or registration, declaration, notice or
                                    filing with, any private non-governmental
                                    third party or any governmental authority.

                  (e) The Pacel Shares, when issued and delivered in accordance
with the terms of this Agreement and for the consideration expressed herein,
shall be duly and validly issued, fully paid and non-assessable.

                  (f) No suit, action or other proceeding is pending or, to
Pacel's best knowledge, threatened before any governmental authority seeking to
restrain Pacel or prohibit entry into this Agreement or prohibit the Closing, or
seeking damages against Pacel or its properties as a result of the consummation
of this Agreement.

                  (g) The current authorized capital stock of Pacel consists of
Ten Billion (10,000,000,000) shares of common stock, $0.001 par value per share,
of which 4,445,584 shares are issued and outstanding and One Million (1,000,000)
shares of 1997 Series "A" Preferred Stock, of which 1,000,000 are issued and
outstanding. There are no other securities, options, warrants, or other rights
to purchase any securities of Pacel outstanding. All outstanding securities of
Pacel are duly and validly issued, are fully paid and non-assessable and were
issued in compliance with all applicable federal and state securities laws.

         8.       COVENANTS.

                  8.1      APPROVAL OF DIRECTORS     Prior to the effective date
of this Agreement, Pacel and United , to the extent required, shall each hold a
special meeting of their respective Boards of Directors to approve the Agreement
and the transactions contemplated thereby.

                  8.2      THIRD PARTY CONSENTS     Pacel and Peterson each
agree to use their respective best efforts to obtain, as soon as reasonably
practicable, all permits, authorizations, consents, waivers and approvals from
third parties or governmental authorities necessary to consummate this Agreement
and the transactions contemplated hereby.

         9.       CLOSING     Subject to the satisfaction of the conditions set
forth in Section 10 and Section 11 of this Agreement, the closing of the
transactions contemplated hereby ("Closing") shall be held at the office of
Pacel in North Carolina. The date upon which the Closing occurs is hereinafter
referred to as the "Closing Date". If by the close of business on March 7, 2006,
Closing has not occurred, then either party hereto may terminate this Agreement
by written notice to such effect to the other party without liability to any
other party to this Agreement unless the reason for the Closing having not
occurred is (i) such party's willful breach of this Agreement, or (ii) , if all
of the conditions to such party's obligations set forth in Section 10 and
Section 11 of this Agreement have been satisfied or waived in writing by the
date scheduled for the Closing, the failure of such party to perform its
obligations under this Agreement on such date. However, any termination pursuant
to this Section 9 shall not relieve any party hereto who was responsible for
Closing having not occurred of liability for such party's willful breach of this
Agreement or the failure of such party to perform its obligations under this
Section 9 on such date.

Page 5 - Share Exchange Agreement and Plan of Reorganization
<PAGE>
         10.      CONDITIONS TO OBLIGATIONS OF PACEL     The obligations of
Pacel to carry out the transactions contemplated by this Agreement are subject,
at the option of the Pacel, to the satisfaction, or waiver by Pacel, of the
following conditions:

                  (a) All warranties and representations of Peterson contained
in this Agreement shall be true and correct in all material respects as of the
Closing and Peterson shall have performed and satisfied in all material respects
all agreements and covenants required by this Agreement to be performed or
satisfied by it at or prior to the Closing.

                  (b) As of the Closing Date, no suit, action, or other
proceeding, shall be pending or threatened before any court or governmental
agency seeking to restrain Pacel or prohibit the Closing or seeking damages
against Pacel or Peterson or United as a result of the consummation of this
Agreement.

                  (c) Since the date of this Agreement and up to and including
the Closing there have not been:

                           i.       any changes in the business, operations,
                                    prospects or financial condition of United
                                    that had or might have a material adverse
                                    effect on United; or

                           ii.      any damage, destruction or loss to United
                                    that had or might have an adverse effect on
                                    United or Peterson Shares.

                  (d) Peterson shall have furnished Pacel with a copy of all
necessary corporate action on its behalf approving Peterson's execution,
delivery and performance of this Agreement.

                  (e) Pacel shall have completed its due diligence investigation
and the results thereof have not revealed that any of the warranties and
representations of Peterson set forth herein are untrue or incorrect in any
respect or otherwise unsatisfactory to Pacel or that exceptions, if any, have
been resolved to the satisfaction of Pacel.

                  (f) Pacel shall have received written evidence, in form and
substance satisfactory to it, of the consent to the transactions contemplated by
this Agreement of all governmental and private third parties where the absence
of any such consent would result in a violation of law or breach or default
under any agreement to which Peterson is a party.

                  (g) Pacel shall have entered into Employment Agreements with
Michael Peterson and Antoinette Peterson, respectively, as that term is defined
in Section 3 of this Agreement.

         11.      CONDITIONS TO OBLIGATIONS OF PETERSON     The obligations of
Peterson to carry out the transactions contemplated by this Agreement are
subject, at the option of the Peterson, to the satisfaction or waiver by
Peterson, of the following conditions:

                  (a) Pacel shall have furnished Peterson with copies of all
necessary corporate action on its behalf approving the execution, delivery and
performance of this Agreement.

                  (b) All warranties and representations of Pacel contained in
this Agreement shall be true and correct in all material respects as of the
Closing and Pacel shall have performed and satisfied in all material respects
all agreements and covenants required by this Agreement to be performed or
satisfied by it at or prior to the Closing.

Page 6 - Share Exchange Agreement and Plan of Reorganization
<PAGE>

                  (c) As of the Closing Date, no suit, action, or other
proceeding, shall be pending or threatened before any court or governmental
agency seeking to restrain Peterson or United or prohibit the Closing or seeking
damages against Pacel or Peterson or United as a result of the consummation of
this Agreement.

         12.      INDEMNIFICATION     Peterson agrees to indemnify and hold
harmless Pacel from and against any and all damages, liabilities, obligations,
penalties, fines, judgments, claims, deficiencies, losses, costs, expenses and
assessments arising out of, resulting from or in any way related to (a) a breach
of, or failure to perform or satisfy any of, the warranties and representations,
covenants and agreements made by Peterson in this Agreement or in any document
or certificate delivered by Peterson at the Closing, or (b) the existence of any
liabilities or obligations of United other than those disclosed in Schedule 13
attached hereto.

         13.      PUBLIC ANNOUNCEMENTS     Neither party shall issue or approve
a news release or other public announcement concerning the transactions
contemplated by this Agreement without the prior written consent of the other as
to the contents of the announcement and its release, which approval shall not be
unreasonably withheld.

         14.      NOTICES     All notice, consents, waivers and other
communications required or permitted by this Agreement shall be in writing and
shall be deemed given to a party when (a) delivered to the appropriate address
by hand or by nationally recognized overnight courier service, with costs
prepaid; (b) sent by facsimile or e-mail with confirmation of transmission by
the transmitting equipment; or (c) sent by certified mail, return receipt
requested, in each case to the following addresses, facsimile numbers or e-mail
addresses and marked to the attention of the person designated below:

         To Pacel:
         Gary Musselman
         7621 Little Ave., Suite 101
         Charlotte, NC 28226
         Facsimile: (704) 501-5651
         E-mail: Gmusselman@asmarahr.com

         To: Peterson:
         Antoinette Peterson
         4 Washington Street
         Auburn, ME 04210
         Facsimile: (540) 667-1984
         Toni@worldwideps.com

Page 7 - Share Exchange Agreement and Plan of Reorganization
<PAGE>
         15.      EXPENSES     Each party shall bear the costs and expenses of
its own fees and expenses of professional advisors and other costs relating to
this Agreement.

         16.      ARBITRATION REQUIRED/MEDIATION FIRST OPTION.     Any dispute
or claim that arises out of or that relates to this agreement, or to the
interpretation or breach thereof, or to the existence, scope, or validity of
this agreement or the arbitration agreement, shall be resolved by arbitration in
accordance with the then effective arbitration rules of American Arbitration
Association. Judgment upon the award rendered pursuant to such arbitration may
be entered in any court having jurisdiction thereof. The parties acknowledge
that mediation usually helps parties to settle their dispute. Therefore, any
party may propose mediation whenever appropriate through the organization named
above or any other mediation process or mediator as the parties may agree upon.

         17.      BINDING EFFECT     This Agreement shall be binding upon and
inure to the benefit of the parties hereto and their respective successors and
assigns; but neither this Agreement nor any of the rights, benefits or
obligations hereunder shall be assigned, by operation of law or otherwise, by
either party hereto without the prior written consent of the other party, which
approval shall not be unreasonably withheld.

         18.      SURVIVAL OF WARRANTIES AND REPRESENTATIONS     The warranties
and Representations of the parties as set forth in this Agreement are the
exclusive warranties and representations of the parties. All warranties and
representations, covenants and agreements by the parties to this Agreement shall
expressly survive the Closing.

         19.      GOVERNING LAW     This Agreement and the documents and
instruments delivered pursuant hereto shall be governed by and construed in
accordance with the laws of the State of North Carolina. Each party hereto
irrevocably submits to the jurisdiction of the court of the State of North
Carolina, in any action or proceeding arising out of or relating to this
Agreement. Each party hereto consents to service of process by any means
authorized by applicable law and waives the defense of an inconvenient form to
the maintenance of such action or proceeding in any such court.

         20.      SEVERABILITY     The provisions of this Agreement are
severable. If any one or more provisions may be determined to be illegal or
otherwise unenforceable, in whole or in part, the remaining provisions, to the
extent enforceable, shall nevertheless be binding and enforceable.

         21.      NON-WAIVER     Failure by any party at any time to require
performance of the other party of the provisions of this Agreement shall in no
way affect any party's rights hereunder to enforce the same, nor shall any such
waiver by either party of any breach be held to be a waiver of any succeeding
breach or waiver of this clause.

         22.      REMEDIES     The rights and remedies provided by this
Agreement are cumulative and the use of any one right or remedy by any party
hereto shall not preclude or constitute a waiver of its rights to use any or all
other remedies. Such rights and remedies are given in addition to any other
rights and remedies a party may have by law, statute or otherwise.

         23.      ATTORNEYS' FEES     In the event suit or action is brought, or
an arbitration proceeding is initiated, to enforce or interpret any of the
provisions of this agreement, or that arise out of or relate to this agreement,
the prevailing party shall be entitled to reasonable attorney's fees in
connection therewith. The determination of who is the prevailing party and the
amount of reasonable attorney's fees to be paid to the prevailing party shall be
decided by the arbitrator(s) ,with respect to attorney's fees incurred prior to
and during the arbitration proceedings, and by the court or courts, including
any appellate court, in which such matter is tried, heard, or decided, including
a court that hears a request to compel or stay litigation or that hears any
exceptions or objections to,

Page 8 - Share Exchange Agreement and Plan of Reorganization
<PAGE>
or requests to modify, correct, or vacate, an arbitration award submitted to it
for confirmation as a judgment, with respect to attorney's fees incurred in such
court proceedings.

         24.      ENTIRE AGREEMENT     This Agreement, together with all
exhibits attached hereto, constitutes the entire agreement between the parties
with respect to the subject matter hereof and supersedes all prior agreements,
understandings, negotiations and discussions, whether oral or written, by any of
the parties or by any officer or representative of any party. No amendment or
modification of this Agreement shall be binding unless executed in writing by
the party to be bound thereby.

         25.      COUNTERPARTS     This Agreement may be executed in one or more
counterparts, each of which shall be deemed to be an original, but all of which
together shall constitute one and the same instrument.

         26.      ADVICE OF COUNSEL     This Agreement was prepared by the Law
Office of Robert C. Laskowski on behalf of Pacel and Peterson has been advised
to retain her own legal counsel to represent them in connection with this
Agreement and they have elected not to seek the advice of such legal counsel.

         IN WITNESS WHEREOF, the parties have executed this Agreement on the
dates indicated below.

PACEL CORP.

By:/s/ GARY MUSSELMAN                                       Date: March 7, 2006.
Name: Gary Musselman
Title: President

ANTOINETTE PETERSON, AS HOLDERS OF 100% OF THE ISSUED AND OUTSTANDING COMMON
STOCK OF UNITED PERSONNEL SERVICES, INC.

/s/ ANTOINETTE PETERSON                                     Date: March 7, 2006

Page 9 - Share Exchange Agreement and Plan of Reorganization
<PAGE>
                                   EXHIBIT "A"
                           CERTIFICATE OF DESIGNATION
                     SERIES "C" CONVERTIBLE PREFERRED STOCK

                    The Series "C" Convertible Preferred Stock ("Series "C"
Stock") shall consist of 500,000 shares, par value $0.001 per share. The
preferences, rights and privileges of the Series "C" Stock shall be as follows:

         o    Dividends shall be declared and set aside for any shares of the
              Series " C" Stock in the same manner as the Common Stock;

         o    The Shares of Series "C" Stock, in the aggregate, shall be
              convertible, at the option of the holders, into such number of
              shares of Common Stock as shall be equal $500,000, based on the
              closing bid price of the Common Stock as quoted on the OTC
              Bulletin Board on the date of conversion. No conversion shall
              occur for a period of twelve months from the date of issuance of
              the Series "C" Stock. Any conversion shall occur without the
              payment of any additional consideration;

         o    The Series "C" Stock shall have no voting rights;

         o    In the event of any liquidation, dissolution or winding up of the
              corporation, the holders of the Series "C" Stock shall be entitled
              to be paid out of the assets of the corporation available for
              distribution to its shareholders in the same manner as, and
              without preference over, the holders of Common Stock.

Page 10 - Share Exchange Agreement and Plan of Reorganization
<PAGE>
                                   EXHIBIT "B"
           OUTLINE OF EMPLOYMENT AGREEMENTS BETWEEN PACEL AND PETERSON

         Michael Peterson shall become an employee of Piedmont HR, a subsidiary
of Pacel.

         Antoinette Peterson shall be appointed President and Chief Executive
Officer of United Personnel Services, Inc.

         The terms and conditions of each employment agreement with respect to
the term of each agreement and the compensation to be paid thereunder will be
subject to further negotiation.

Page 11 - Share Exchange Agreement and Plan of Reorganization

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00099-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00099-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00099-of-00352.parquet"}]]