Document:

This Fourth Amendment to Loan and Security Agreement

 Exhibit 10.1 
  
 FOURTH AMENDMENT 
 TO  
 LOAN AND SECURITY AGREEMENT 
  
 This Fourth Amendment to Loan and Security Agreement is entered into as of June 29, 2005 (the “Amendment”), by and
between COMERICA BANK (“Bank”) and BIOMARIN PHARMACEUTICAL INC. (“Borrower”). 
  
 RECITALS 
  
 Borrower and Bank are parties to that certain Loan and Security Agreement dated as of May 14, 2004, as amended by a First Amendment to Loan and Security Agreement dated as of November 3, 2004 and a Second Amendment to Loan and Security
Agreement dated February 15, 2005 and a Third Amendment to Loan and Security Agreement dated April 29, 2005 (collectively, the “Agreement”). The parties desire to amend the Agreement in accordance with the terms of this Amendment.

  
 NOW, THEREFORE, the parties agree as follows: 
  
 1. Section 6.8 of the Agreement is hereby amended in its entirety to read as
follows: 
  
 6.8 Financial Covenant.
Measured as of the last day of each month, the balance of Borrower’s unrestricted cash as reflected on its balance sheet shall be at least the greater of (i) the Minimum Cash Amount and (ii) the sum of (A) the Applicable Multiple times
Borrower’s Cash Burn, plus (B) any Acquisition Payments due in the month ending on the date of measurement, plus (C) any additional Acquisition Payments due in the two months immediately following the month ending on the date of measurement.

  
 As used herein, “Cash Burn” means
(i) the change in Borrower’s cash during the three months immediately preceding the date of measurement, net of any changes in debt, stock, paid-in capital and minority interests, and calculated without reference to or inclusion of any
Acquisition Payments, divided by (ii) three (3). As used herein, “Acquisition Payments” means scheduled payments provided for in the License Agreement. 
  
 As used herein, the “Applicable Multiple” means six (6). As used herein, “Minimum Cash
Amount” means (i) Forty Million Dollars ($40,000,000) for the month ending June 30, 2005 and (ii) Forty Five Million Dollars ($45,000,000) for all other months. 
  
 2. The Compliance Certificate to be delivered after the date of this Agreement shall be in substantially the form of
Exhibit C hereto. 
  
 3. Unless otherwise defined, all
initially capitalized terms in this Amendment shall be as defined in the Agreement. The Agreement, as amended hereby, shall be and remain in full force and effect in accordance with its respective terms and hereby is ratified and confirmed in all
respects. Except as expressly set forth herein, the execution, delivery, and performance of this Amendment shall not operate as a waiver of, or as an amendment of, any right, power, or remedy of Bank under the Agreement, as in effect prior to the
date hereof. Borrower ratifies and reaffirms the continuing effectiveness of all applications, instruments, documents and agreements entered into in connection with the Agreement. 
  
 4. Borrower represents and warrants that the representations and warranties contained in the Agreement are true and correct
as of the date of this Amendment, and that no Event of Default has occurred and is continuing. 
  
 5. This Amendment may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one instrument. 

 6. As a condition to the effectiveness of this Amendment, Bank shall have received, in form and substance
satisfactory to Bank, the following: 
  
 (a) this Amendment, duly
executed by Borrower; 
  
 (b) an amount equal to all Bank
Expenses incurred through the date of this Amendment; and 
  
 (c)
such other documents, and completion of such other matters, as Bank may reasonably deem necessary or appropriate. 
  
 IN WITNESS WHEREOF, the undersigned have executed this Amendment as of the first date above written. 
  

			
	BIOMARIN PHARMACEUTICAL INC.
		
	By:	 	 /s/ Jeffrey Cooper

	Title:	 	Controller
	
	COMERICA BANK
		
	By:	 	 /s/ —Illegible—

	Title:	 	Corporate Banking Officer

 EXHIBIT C 
  

COMPLIANCE CERTIFICATE 
  

			
	TO:	  	COMERICA BANK
		
	FROM:	  	BIOMARIN PHARMACEUTICAL INC.

  
 The undersigned
Responsible Officer of BIOMARIN PHARMACEUTICAL INC. hereby certifies that in accordance with the terms and conditions of the Loan and Security Agreement between Borrower and Bank (the “Agreement”), (i) Borrower is in complete compliance
for the period ending                      with all required covenants except as noted below and (ii) all representations and warranties of
Borrower stated in the Agreement are true and correct in all material respects as of the date hereof, except for such representations and warranties which speak as to a specific date, which are true and correct as of such date. Attached herewith are
the required documents supporting the above certification. The Responsible Officer further certifies that these are prepared in accordance with Generally Accepted Accounting Principles (GAAP) and are consistently applied from one period to the next
except as explained in an accompanying letter or footnotes. 
  
 Please indicate compliance status by circling Yes/No under “Complies” column. 
  

										
	 Reporting Covenant

	  	 Required

	  	Complies

	Form 10Q	  	Filed Quarterly within 45 days	  	Yes	  	No
	Form 10K	  	Filed FYE within 90 days	  	Yes	  	No
				
	 Financial Covenant

	  	 Required

	  	Actual

	  	Complies

	Unrestricted Cash	  	Greater of 6x RML or $45,000,000*	  	$	            	  	Yes	  	No
	Unrestricted Cash at Bank	  	Greater of $10,000,000 and balance of outstanding principal obligations to Bank	  	$	            	  	Yes	  	No

	*	Greater of 6x RML or $40,000,000 for month ending June 30, 2005 

  

							
	Comments Regarding Exceptions: See Attached.	  	BANK USE ONLY
			
	 	  	Received by:	  	  

	Sincerely,	  	AUTHORIZED SIGNER
			
	  

	  	Date:	  	  

	SIGNATURE	  	Verified:	  	  

	 	  	 AUTHORIZED SIGNER

			
	  

	  	Date:	  	  

	TITLE	  	 	  	 	  	 
	  

	  	Compliance Status	  	Yes         No
	DATEAsset Purchase Agreement

 Exhibit 10.1 
  
 ASSET PURCHASE AGREEMENT 
  
 THIS ASSET PURCHASE AGREEMENT, effective as of July 1, 2005 (this “Agreement”), by and between Segmentz, Inc., a Delaware corporation
(“Seller”), TTSI Holdings, Inc., an Indiana corporation (“Buyer”), and Paul Temple (“Temple”). 
  
 WHEREAS, Seller and Buyer desire to enter into this Agreement pursuant to which, upon the terms and subject to the conditions contained in this Agreement,
Seller will sell to Buyer, and Buyer will purchase from Seller a unit of Seller’s business (the “Unit”) including certain assets and liabilities of the Unit; 
  
 NOW, THEREFORE, in consideration of the mutual covenants and agreements contained herein, the parties hereto agree as
follows: 
  
 ARTICLE I 
  
 PURCHASE AND SALE 
  
 1.1. Purchase and Sale. As of the Closing Date (as defined in Section
2.2), Seller shall sell, transfer, convey, assign and deliver to Buyer, as is, and Buyer shall purchase from Seller, all of Seller’s right, title and interest in and to the assets and personal property constituting the Unit, as set forth on
Schedule 1.1 (collectively the “Purchased Assets”). 
  
 1.2. Assumption of Liabilities. As of the Closing Date (as defined in Section 2.2), Buyer shall assume, and shall agree to absolutely and fully pay, perform and discharge when due, the liabilities of the Unit as set forth on Schedule
1.2 (collectively, the “Assumed Liabilities”). 
  
 ARTICLE II 
  
 PURCHASE PRICE; DELIVERIES

  
 2.1. Purchase Price. The aggregate consideration to
be paid to Seller for the Purchased Assets of the Unit (the “Purchase Price”) shall consist of (i) the delivery by Buyer to Seller of a promissory note in the form of the attached Exhibit A (the “Promissory Note”), in the
principal amount of $105,000], with interest at the rate of 6% per annum, payable in 60 equal monthly payments of principal and interest commencing on the one year anniversary of the date of issuance, (ii) the assumption by Buyer of the Assumed
Liabilities at Closing, and (iii) the delivery by Buyer to Seller of 265,000 shares of Segmentz, Inc. common stock (the “Shares”). 
  
 2.2. Closing. The Closing (the “Closing”) shall take place at Adorno & Yoss, P.A., 350 East Las Olas Boulevard, Suite 1700, Fort
Lauderdale, FL 33301 concurrently with the execution of this Agreement, unless otherwise mutually agreed upon by the parties (the “Closing Date”). 
  
 2.3. Deliveries by Seller. At the Closing, Seller shall: 
  

(a) Execute and deliver to Buyer a bill of sale; and 

 (b) Deliver to Buyer such other instruments, documents and certificates as may be reasonably requested by
Buyer and are customary for transactions of this nature to effectuate the transactions contemplated hereby. 
  
 2.4. Deliveries by Buyer. At the Closing, Buyer shall: 
  
 (a) Deliver of the Promissory Note; 
  
 (b) Execute and deliver to Seller an instrument or instruments consistent with the terms hereof and reasonably satisfactory in form and substance to
Seller evidencing Buyer’s assumption of the Assumed Liabilities; 
  
 (c) Deliver a certificate or certificates evidencing the Shares duly endorsed for transfer in blank; and 
  
 (d) Deliver to Seller other such instruments, documents and certificates as may be reasonably requested by Seller and are customary for transactions of
this nature to effectuate the transactions contemplated hereby. 
  
 ARTICLE III 
  
 REPRESENTATIONS AND WARRANTIES

  
 3.1. Seller represents and warrants to Buyer as follows:

  
 (a) Organization, Good Standing, Power, Etc. Seller
(a) is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and (b) has all requisite corporate power and authority (i) to own the Purchased Assets and carry on its business as presently being
conducted and (ii) to execute, deliver and perform this Agreement and all other agreements, documents, and certificates set forth herein (the “Ancillary Documents”) which Seller is required to deliver pursuant hereto, and to
consummate the transactions contemplated hereby and thereby. 
  
 (b) Authorization of Agreement. Seller has taken all necessary corporate action to authorize the execution, delivery and performance of this Agreement and the Ancillary Documents which Seller is required to deliver pursuant hereto
and the consummation of the transactions contemplated hereby and thereby. This Agreement has been, and each of the Ancillary Documents which Seller is required to deliver pursuant hereto has been or will be, duly and validly authorized, executed and
delivered by Seller and this Agreement constitutes, and each of the Ancillary Documents constitutes or will upon execution and delivery constitute, the legal, valid and binding obligation of Seller enforceable against Seller in accordance with its
terms. 
  

 2 

 (c) Title to Properties. The sale of the Purchase Assets is as is. Seller gives no representation
with respect to any liens, encumbrances or exceptions to title on the Purchased Assets. 
  
 (d) Fees. Seller is not obligated to pay, and has not retained any broker or finder or any other person or entity who is entitled to, any broker’s or finder’s fee or any other commission or financial
advisory fee based on any agreement or undertaking made by Seller in connection with the transactions contemplated hereby. Buyer shall not, through the transfer of the Purchased Assets or otherwise, have any obligations in respect of any such fees
or commissions. 
  
 (e) Accuracy of Information; Full
Disclosure. To the knowledge of Seller, none of the representations and warranties of Seller in this Agreement nor in any Ancillary Document to be furnished by Seller pursuant hereto contains or will contain any untrue statement of a material
fact or omits or will omit to state any material fact necessary to make the statements therein, in light of the circumstances under which they were made, not misleading 
  
 3.2. Buyer represents and warrants to Seller as follows: 
  
 (a) Organization, Good Standing, Power, Etc. Buyer (a) is a corporation duly organized, validly existing and in good
standing under the laws of the State of Indiana and (b) has all requisite corporate power and authority (i) to own the Purchased Assets and carry on its business as presently being conducted and (ii) to execute, deliver and perform this Agreement
and the Ancillary Documents which Buyer is required to deliver pursuant hereto, and to consummate the transactions contemplated hereby and thereby. 
  
 (b) Authorization of Agreement. Buyer has taken all necessary corporate action to authorize the execution, delivery and performance of this
Agreement and the Ancillary Documents which Buyer is required to deliver pursuant hereto and the consummation of the transactions contemplated hereby and thereby. This Agreement has been, and each of the Ancillary Documents which Buyer is required
to deliver pursuant hereto has been or will be, duly and validly authorized, executed and delivered by Buyer and this Agreement constitutes, and each of the Ancillary Documents constitutes or will upon execution and delivery constitute, the legal,
valid and binding obligation of Buyer enforceable against Buyer in accordance with its terms. 
  
 (c) Fees. Buyer is not obligated to pay, and has not retained any broker or finder or any other person or entity who is entitled to, any broker’s or finder’s fee or any other commission or financial
advisory fee based on any agreement or undertaking made by Buyer in connection with the transactions contemplated hereby. Seller shall not, through the transfer of the Purchased Assets or otherwise, have any obligations in respect of any such fees
or commissions. 
  
 (d) Accuracy of Information; Full
Disclosure. To the knowledge of Buyer, none of the representations and warranties of Buyer in this Agreement nor in any Ancillary Document to be furnished by Buyer pursuant hereto contains or will contain any untrue statement of a material fact
or omits or will omit to state any material fact necessary to make the statements therein, in light of the circumstances under which they were made, not misleading 
  

 3 

 ARTICLE IV 
  

COVENANTS AND OTHER AGREEMENTS 
  
 4.1. Line of Credit. Concurrently with the Closing of the transactions set forth herein, Seller provide Purchase with a one year $250,000 line of
credit pursuant to the terms of the Line of Credit Agreement attached hereto as Exhibit B (the “Line of Credit”) with interest to accrue at the rate of 6% per annum. Any outstanding balances at the one year maturity date shall be payable
pursuant to a promissory note issued at the maturity date, with a interest to accrue at the rate of 6% per annum, payable in 60 equal monthly payments of principal and interest commencing with the month following the issuance date of said note (the
“Line of Credit Note”). 
  
 4.2. Option Vesting.
Concurrently with the Closing of the transactions set forth herein, Seller shall vest all common stock purchase options issued by Seller to Temple pursuant to the terms of Temple’s employment agreement with Seller. 
  
 4.3. CMS Cargo. Seller shall provide Buyer with a limited one year
license to use Seller’s CMS Cargo software (the “Software”) free of charge commencing with the Closing Date, provided, however, that Buyer acknowledges that Seller shall have no obligation to update the Software or provide support
with respect to the Software, and that Seller shall not be liable in any manner for any damages or losses in any way related to the Software or Buyer’s use thereof. 
  
 4.4. Release of Earn-Out Obligations. Buyer and Temple hereby release Seller from any and all earn-out obligations of
Seller under the certain Asset Purchase Agreement between Seller, Temple, and Temple Trucking Services, Inc., dated November 22, 2005. The foregoing release shall be effective as of the Closing Date. 
  
 4.5. Further Assurances. Each of the parties agrees at any time and
from time to time after the date hereof, at the request of the other party hereto, to execute and deliver such other documents and instruments of transfer or assignment or assumption and to do all such further acts and things as shall reasonably be
necessary or desirable to effectuate the transactions contemplated hereby, including, but not limited to, issues related to collections of accounts receivable, transfer of expenses, transfer of titles, etc. 
  

 4 

 ARTICLE V 
  

INDEMNIFICATION 
  
 5.1. Losses and Limitation. For purposes of this Agreement, the term “Loss” or “Losses” shall mean each and all of the
following items: claims, losses, liabilities, obligations, payments, damages, judgments, fines, penalties, amounts paid in settlement, and any related reasonable costs and expenses (including, without limitation, interest which may be imposed in
connection therewith, costs and expenses of investigation, actions, suits, proceedings, demands, assessments and reasonable fees and disbursements of counsel and other experts) incurred by the person or entity seeking indemnification (the
“Indemnitee”) (whether relating to claims asserted by or against third parties or to claims asserted against the party providing indemnification (the “Indemnitor”)). In the event there is a determination by any court of competent
jurisdiction, appropriate regulatory body or alternative dispute resolution entity so authorized to make such determination, which shall make a finding apportioning liability, each party shall accordingly be liable to the extent of such finding of
apportionment. 
  
 5.2. Indemnification by Seller. From and
after the Closing Date, Seller shall indemnify and hold harmless Buyer, its affiliates, and their respective officers, directors, employees, agents, consultants, representatives and successors (collectively, the “Buyer Indemnified Group”)
from and against any and all Losses incurred by any of them arising out of or resulting from any of the following: 
  
 (a) the breach by Seller of any of its representations or warranties in this Agreement; and 
  
 (b) any failure by Seller to perform any of its covenants or agreements contained in this Agreement. 
  
 provided, however, that in no event shall the Seller be obligated to indemnify the Buyer
Indemnified Group (or any member thereof) for any Losses suffered by them in excess of $250,000 in the aggregate with regard to all claims for indemnification hereunder. 
  
 5.3. Indemnification by Buyer. From and after the Closing Date, Buyer shall indemnify and hold harmless Seller, its
affiliates, and their respective officers, directors, employees, agents, consultants, representatives and successors (collectively, the “Seller Indemnified Group”) from and against any and all Losses incurred by any of them arising out of
or resulting from any of the following: 
  
 (a) the breach by
Buyer of any of its representations or warranties in this Agreement; 
  
 (b) any failure by Buyer to perform any of its covenants or agreements contained in this Agreement; 
  

 5 

 (c) any failure by Buyer to pay, perform or discharge when due any of the Assumed Liabilities; or

  
 (d) the conduct of the business of the Buyer after the Closing
Date. 
  
 5.4. Procedure for Indemnification. In the event
that any Indemnitee shall incur or suffer any Losses in respect of which indemnification may be sought hereunder by Seller, on the one hand, or Buyer, on the other hand, the Indemnitee shall assert a claim for indemnification by written notice (the
“Notice”) to the Indemnitor stating the nature and basis of such claim. Promptly after receipt by an Indemnitee of written notice of the assertion of a claim or the commencement of any action, litigation or proceeding by any third party (a
“Third-Party Claim”) with respect to any matter for which indemnification is or may be owing pursuant to Section 5.2 or 5.3, the Indemnitee shall give Notice to the Indemnitor and shall thereafter keep the Indemnitor informed of all other
information it receives with respect thereto; provided, that failure of the Indemnitee to give the Indemnitor prompt notice and such other information as provided herein shall not relieve the Indemnitor of any of its obligations hereunder unless and
then only to the extent that the Indemnitor shall have been actually prejudiced thereby. Buyer and Seller each agree to cooperate and will cause each Indemnitee to cooperate with and render such assistance as may reasonably be requested in order to
insure the proper and adequate defense of any such Third-Party Claim or proceeding, which assistance shall include, without limitation, making appropriate personnel reasonably available for any discovery or trial. If the Indemnitor fails or refuses
to undertake the defense of any such Third-Party Claim within thirty (30) days after delivery of the Notice, the Indemnitee shall have the right to take exclusive control of the defense, negotiation and/or settlement of such Third-Party Claim at the
Indemnitor’s expense. The Indemnitor shall not settle or compromise any Third-Party Claim without the consent of the Indemnitee, which consent shall not be unreasonably withheld or delayed (it being understood and agreed that it shall not be
unreasonable to withhold consent if the settlement does not provide for an unconditional release of the Indemnitee from all liabilities or obligations relating to the Third-Party Claim). 
  
 5.5. Payment. With respect to Third-Party Claims for which indemnification is payable under this Agreement, such
indemnification shall be paid by the Indemnitor promptly upon (i) the entry of a final judgment against the Indemnitee and the expiration of any applicable appeal period; (ii) the entry of a non-appealable judgment or final appellate decision
against the Indemnitee; (iii) the entering into of any settlement agreement in accordance with the provisions of this Article V (or at such other time or times as shall permit compliance with the terms of such settlement agreement); or (iv) the
entry of any consent order or decree binding upon the Indemnitee. Notwithstanding the foregoing, reasonable expenses of the Indemnitee which constitute Losses hereunder shall be reimbursed on a current basis by the Indemnitor. 
  

 6 

 ARTICLE VI 
  

MISCELLANEOUS 
  
 6.1. Entire Agreement. This Agreement constitutes the entire understanding and agreement between the parties hereto with respect to the subject
matter hereof and supersedes all prior agreements and understandings, whether oral and written, between the parties hereto, with respect to such subject matter, all of which are merged herein. 
  
 6.2. Governing Law; Submission to Jurisdiction; Selection of Forum; Waiver
of Jury Trial. This Agreement shall be deemed to be made in and in all respects shall be interpreted, construed and governed by and in accordance with the laws of the State of Florida without regard to the conflict of law principles thereof.
Each party hereto agrees that it shall bring any action or proceeding in respect of any claim arising out of or related to this Agreement, or in respect of the transactions contemplated thereby, whether in tort or contract or at law or in equity,
exclusively in the courts of the State of Florida located in Broward County or in the federal courts of the United States of America located in Southeastern District of Florida (the “Chosen Courts”). Solely in connection with such
actions, proceedings and claims, the parties irrevocably submit to the jurisdiction of the chosen courts, and agree not to assert as a defense in any such action, suit or proceeding that such party is not subject to the jurisdiction of the chosen
courts, that such action, proceeding or claim may not be brought or is not maintainable in the chosen courts, that venue is not appropriate in the chosen courts, or that this Agreement may not be enforced in the chosen courts. Each of the parties
agrees that service of process or other papers upon such party in any such action or proceeding shall be effective if notice is given in accordance with the provisions on notice contained in this Agreement. Each party acknowledges and agrees that
any controversy that may arise under this Agreement is likely to involve complicated and difficult issues, and therefore each such party hereby irrevocably and unconditionally waives any right such party may have to a trial by jury in respect of any
litigation directly or indirectly arising out of or relating to this Agreement or the transactions contemplated by this Agreement. 
  
 6.3. Counterparts. This Agreement may be executed in one or more counterparts, each of which shall for all purposes be deemed to be an original and
all of which, when together, shall constitute one and the same instrument. 
  
 6.4. Successors and Assigns; Third Party Beneficiaries. The terms and conditions of this Agreement shall inure to the benefit of and be binding upon the respective successors and assigns of the parties hereto;
provided, however, that this Agreement may not be assigned by Buyer without the prior written consent of Seller. Nothing in this Agreement, express or implied, is intended to confer any rights or remedies under this Agreement on any person or entity
other than Buyer, Seller, or Temple, and their respective successors and permitted assigns. 
  
 6.5. Modification and Waiver. No amendment, modification or alteration of the terms or provisions of this Agreement shall be binding unless the same shall be in writing and duly executed by each of the parties
hereto, except that any of the terms or provisions of this Agreement may be waived in writing at any time by the party entitled to the benefits of such 
  

 7 

 waived terms or provisions. No waiver of any of the provisions of this Agreement shall be deemed to or shall constitute a
waiver of any other provision hereof (whether or not similar). No delay on the part of any party in exercising any right, remedy, power or privilege hereunder shall operate as a waiver thereof or of any other right, remedy, power or privilege.

  
 6.6. Notices. Any notice, request, claim, instruction
or other document to be given hereunder by any party hereto to any other party shall be in writing and delivered personally or sent by registered or certified mail (postage prepaid return receipt requested), 
  
 If to Seller, to: 
  
 Segmentz, Inc. 
 18302 Highwoods Preserve Parkway 
 Tampa, Florida 33647 
 Attn: Andrew Norstrud 
  
 with a copy to: 
  
 Adorno & Yoss, P.A. 
 Attn: Clint J. Gage 
 350 East Las Olas Blvd., Suite 1700 
 Fort Lauderdale, FL 33301 
  
 If to Buyer or Temple, to: 
  
 Paul Temple 
 TTSI Holdings, Inc. 
 P.O. Box 421078 
 Indianapolis, Indiana 46242 
  
 with a copy to: 
  
 Thomas L. Landwerlen, Esq. 
 Landwerlen & Rothkopf, L.L.P. 
 244 N. College Avenue 
 Indianapolis, Indiana 46202 
  
 or at such other address for a party as shall be specified by like notice. Any notice which is delivered in the manner provided herein shall be deemed to have been duly
given to the party to whom it is directed upon actual receipt by such. 
  
 6.7. Severability. If any provision of this Agreement or the application of any such provision to any person or circumstances shall be held invalid, illegal or unenforceable in any respect by a court of competent jurisdiction, such
invalidity, illegality or unenforceability shall not effect any other provision hereof and this Agreement shall remain in force and be effectuated as if such illegal, invalid or unenforceable provision is not part of this Agreement. 
  

 8 

 6.8. Enforcement. Should it become necessary for any party to institute legal action to enforce
the terms and conditions of this Agreement, the successful party will be awarded reasonable attorneys’ fees at all trial and appellate levels, expenses and costs. 
  
 [SIGNATURES ARE ON THE FOLLOWING PAGE] 
  

 9 

 IN WITNESS WHEREOF, each of the parties hereto has caused this Agreement to be executed on its behalf as
of the date first above written. 
  

			
	Segmentz, Inc.
		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

	
	 TTSI Holdings, Inc.

		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

	
	

	 Paul Temple

	
	 With respect to the provisions of §4.5 only:

	
	 Temple Trucking Services, Inc.

		
	 By:
	 	  

	 Its:
	 	  

	 Name:
	 	  

  

 10 

 Schedule 1.1 
  
 Purchased Assets 
  

	 	1.	Cash accounts in the amount of $225,250. 

  
 2. 
  

									
	 Location

	  	Unit Number

	  	Year

	  	Model

	  	Description

	 INDBAX
	  	 	  	 	  	 	  	Scanning Station
	 INDBAX
	  	 	  	 	  	 	  	Pallet Jack
	 INDBAX
	  	96766	  	96	  	Int	  	Tractor
	 INDBAX
	  	97980	  	97	  	Int	  	Tractor
	 INDBAX
	  	102	  	99	  	GMC	  	Van
	 INDBAX
	  	56	  	99	  	GMC	  	Van
	 INDBAX
	  	103	  	99	  	GMC	  	Van
	 IND ADMIN
	  	 	  	 	  	 	  	2 Forklift
	 IND ADMIN
	  	 	  	 	  	 	  	5 Pallet Jacks
	 ASW
	  	 	  	 	  	 	  	Scanning Station
	 ASW
	  	106	  	2000	  	Ford	  	Van
	 ASW
	  	94003	  	94	  	 	  	Trailer
	 ASW
	  	94004	  	94	  	 	  	Trailer
	 CMI
	  	105	  	2000	  	Ford	  	Van
	 CMI
	  	 	  	 	  	 	  	Forklift
	 CMI
	  	 	  	 	  	 	  	Forklift
	 SDF
	  	 	  	 	  	 	  	Scanning Station
	 SDF
	  	 	  	 	  	 	  	Phone System
	 SDF
	  	 	  	 	  	 	  	Old Computers
	 SDF
	  	 	  	 	  	 	  	Racking
	 SDF
	  	97977	  	97	  	Int	  	Tractor
	 SDF
	  	96569	  	96	  	Int	  	Tractor
	 SDF
	  	101	  	2000	  	GMC	  	Van
	 SDF
	  	104	  	99	  	GMC	  	Van
	 SDF
	  	211545	  	98	  	Int	  	Straight Truck
	 SDF
	  	211546	  	98	  	Int	  	Straight Truck
	 SDF
	  	215710	  	98	  	Int	  	Straight Truck
	 SDF
	  	224628	  	99	  	Int	  	Straight Truck
	 SDF
	  	99808	  	99	  	GMC	  	Cube Truck
	 SDF
	  	561686	  	200	  	Freightliner	  	Straight Truck
	 SDF
	  	7054	  	98	  	Utility	  	Trailer
	
	 Misc office equipment and supplies

  

 11 

 Schedule 1.2 
  
 Assumed Liabilities 
  

	1.	Employment Agreements with the following employees: 

  

	 	a.	Paul Temple 

	 	b.	Erinn M. Owen 

	 	c.	Kenneth B. Crady 

	 	d.	Thomas F. Lark 

	 	e.	Cynthia A. Blankenship 

  

	2.	The following facility leases: 

  

	 	a.	Dugan Reality, LLC – Indianapolis, IN 

	 	b.	Greenstreet Realty – Urbana, IL 

	 	c.	Roger A. Bair – Warsaw, IN 

	 	d.	Walter G. Howard Family Trust – Louisville, KY 

	 	e.	Bax Global – Louisville, KY 

	 	f.	Bax Global – Indianapolis, IN 

  

	3.	The following equipment leases: 

  

									
	Lessor:	    	Speedway International Trucks, Inc.	    	 
	 	    	5730 Fortune Circle W. Drive	    	 
	 	    	Indianapolis, IN 46241	    	 
			
	Trucks	    	 	    	 
					
	 Lease #

	    	 Schedule A #

	    	 Vehicles

	    	 Term

	    	 In Service Date

	 T001
	    	001	    	6222 (replaced #6339)	    	48 months	    	02/06/02
	 T001
	    	002	    	8435	    	60 months	    	06/01/02
	 T001
	    	003	    	6007, 6008	    	48 months	    	11/15/02
	 T001
	    	004	    	7598, 7599	    	48 months	    	12/15/02

  

 12 

 Full Maintenance Leases – Trucks 
  

					
	 Vehicle

	 	 Term

	 	 In Service Date

	 529
	 	60 months	 	    03/21/01
	 531
	 	60 months	 	    03/23/01
	 533
	 	60 months	 	    03/21/01
	 532
	 	60 months	 	    04/16/01
	 528
	 	60 months	 	    04/19/01
	 527
	 	60 months	 	    05/04/01
	 530
	 	60 months	 	    04/06/01
	 635
	 	60 months	 	    08/23/01
	 632
	 	60 months	 	    08/13/01
	 633
	 	60 months	 	    08/13/01
	 634
	 	60 months	 	    08/13/01
	 630
	 	60 months	 	    08/17/01
	 631
	 	60 months	 	    08/17/01
			
	 4051
	 	60 months	 	    06/05/03
	 4052
	 	60 months	 	    06/05/03
	 7451
	 	60 months	 	    12/23/03
	 7452
	 	60 months	 	    12/23/03
	 7453
	 	60 months	 	    01/08/04
	 7454
	 	60 months	 	    01/08/04
	 4850
	 	60 months	 	    01/19/04
	 7455
	 	60 months	 	    02/05/04

  

			
	Lessor:	 	Uhl Idealease
	 	 	635 Park E. Blvd
	 	 	New Albany, IN 47150

  

							
	 Schedule A #

	 	 Vehicles

	 	 Term

	 	 In Service Date

	 A1
	 	321540	 	36 months	 	    02/16/02

  
  

 13 

			
	Lessor:	  	XTRA Lease, Inc.
	 	  	1801 Park 270 Drive 400
	 	  	St. Louis. MO 63146-4020

  

					
	 Vehicle #

	 	 Term

	 	 In Service Date

	 Lease Agreement: 065L159
	 	 	 	 
			
	 Schedule A-1
	 	 	 	 
	 U47173
	 	36 months	 	11/03/03
	 U47174
	 	36 months	 	10/13/03
	 U47176
	 	36 months	 	11/06/03
	 U47177
	 	36 months	 	11/07/03
	 U47178
	 	36 months	 	11/10/03
	 U47175
	 	36 months	 	11/04/03
			
	 Schedule A-2
	 	 	 	 
	 U31233
	 	36 months	 	07/01/03
	 U31309
	 	36 months	 	06/11/03
			
	 Schedule A-3
	 	 	 	 
	 394612
	 	18 months	 	06/06/03

  

			
	Lessor:	  	Dell Financial Services L.P.
	 	  	One Dell Way
	 	  	Round Rock, TX 78682

  

							
	 Lease #

	 	 Term

	 	 Lease Date

	 	 Equipment

	 003-006103379-001
	 	36 months	 	 09/06/02	 	 (6) Desktop computers
 (3) Laptop
computers

	 003-006103379-002
	 	36 months	 	 05/29/03	 	 (6) Desktop computers
 (1) Laptop
computer

  

 14 

			
	Lessor:	  	Great America Leasing Corp
	 	  	P. O. Box 609
	 	  	Cedar Rapids, IA 52406-0609

  

							
	 Lease #

	 	 Term

	 	 Lease Date

	 	 Equipment

	 208262
	 	60 months	 	 05/29/03	 	Toshiba CTX phone system

  

			
	Lessor:	  	Lanier Worldwide
	 	  	2200 Parklane Drive NE
	 	  	Atlanta, GA 30348

  

							
	 Lease #

	 	 Term

	 	 Lease Date

	 	 Equipment

	 3220798
	 	60 months	 	 12/23/02	 	 Lanier model 2138
 Network
printer/fax/scanner

  

			
	Lessor:	  	Lanier Worldwide
	 	  	4667 N. Royal Atlanta Dr.
	 	  	Tucker, GA 30084

  

							
	 Lease #

	 	 Term

	 	 Lease Date

	 	 Equipment

	 001-0111779-095
	 	60 months	 	 8/22/03	 	 Lanier model LD 035
 Network
printer/fax

  

			
	Lessor:	  	IOS Capital
	 	  	IKON Financial Services
	 	  	P. O. Box 9115
	 	  	Macon, GA 31208-9115

  

							
	 Lease #

	 	 Term

	 	 Lease Date

	 	 Equipment

	A75664	 	60 months	 	 05/23/02	 	Cannon Image Runner Copier/fax network printer

  

 15 

 Exhibit A 
  
 Promissory Note 
  

 16 

 Exhibit B 
  
 Line of Credit Promissory Note 
  

 17

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00087-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00087-of-00352.parquet"}]]