Document:

Finders Agreement

 Exhibit 10.2 
 GLOBALVEST PARTNERS, LLC 
 122 EAST 42ND STREET 
 NEW YORK, NEW YORK 10168

 November 8, 2006 
 Akesis
Pharmaceuticals, Inc. 
 888 Prospect Street 
 Suite 320

 La Jolla, Ca 92037 
 Gentlemen: 
  

	 	1.	Engagement. 

 This letter will confirm the
agreement between Akesis Pharmaceuticals., Inc. (the “Company”) and Globalvest Partners, LLC (the “Finder” or “Globalvest”) in connection with a possible equity investment in the Company (collectively, the
“Transaction”). 
 The Finder has indicated a desire to introduce various parties to the Company in an effort to facilitate the Transaction. In
consideration therefor, the Company hereby agrees that, in the event a Transaction is consummated by the Company or any current or future affiliate thereof with any person as listed in Exhibit 1, the Finder shall earn and the Company shall pay,
upon the closing of such Transaction, a fee (the “Fee”) equal to 8% of the Financing, plus 6% warrant coverage. The number of warrants issuable shall be equal to 6% of the gross proceeds divided the offering price of the securities. The
warrants shall be exercisable for a period of five years, but will terminate upon the change of control of the Company, at an exercise price equal to the offering price of the securities and shall contain cashless exercise provisions. The shares of
common stock underlying the warrants shall have piggyback registration rights. 
  

	 	2.	Term of Agreement. 

 The term of this Agreement
shall commence on the date hereof and shall continue on a month-to-month basis for a period of 12 calendar months., unless either party gives 10 days prior written notice of termination to the other party. Upon any termination, the provisions of
section 1 shall survive the termination of this Agreement and shall remain in effect with respect to the payment of fees due on or before the effective date of termination. Additionally, if this Agreement is terminated or is not renewed,
Globalvest shall be entitled to payment of the applicable fee in the event that a Transaction as a result of the contacts or efforts made by Globalvest, is consummated within 9 months of the effective date of such termination. 
  

	 	3.	Company Information. 

 The Company understands that
Globalvest will not be responsible for independently verifying the accuracy of the information provided by the Company (the “Information”) and shall not be liable for inaccuracies in any Information. The Company will use reasonable efforts
to assure that all Information supplied to Globalvest by or on behalf of the Company will, as of its respective dates, be accurate and complete in all material respects. 

	 	4.	Indemnification. 

 As Globalvest will be acting on
behalf of the Company, the Company agrees to the indemnification and other obligations set forth in Schedule I hereto, which is an integral part hereof and is hereby incorporated by reference. Further, in the event the Indemnified Person (as
defined in Schedule I) is requested or required to appear as a witness (unless such appearance is as a result of such Indemnified Person’s breach of this Agreement) in any action brought by or on behalf of or against the Company or which
otherwise relates to this Agreement or the services rendered by Globalvest hereunder, the Company agrees to reimburse Globalvest and the Indemnified Person for all reasonable expenses incurred by them in connection with such Indemnified Person
appearing and preparing to appear as such a witness, including without limitation, the reasonable fees and disbursements of legal counsel. 
  

	 	5.	Entire Agreement. 

 This Agreement represents the
entire Agreement between the parties and may not be modified except in writing signed by both parties. This Agreement shall be governed by the laws of the State of New York and venue shall be in the state and Federal courts in New York County. This
Agreement may be executed in counterparts, each of which shall constitute an original. The invalidity or unenforceability of any provision of this Agreement shall not affect the validity or enforceability of any other provision. 
  

	 	6.	Survival. 

 The provisions of paragraphs 1 through
9 shall survive the termination of this Agreement and shall remain in effect (to the extent they apply specifically to the period following termination of this Agreement). 
  

	 	7.	Affiliation. 

 The Company recognizes that
Globalvest has been retained only by the Company and that the Company’s engagement of Globalvest is not deemed to be on behalf of and is not intended to and does not confer rights upon any security holders of the Company or any officers,
agents, employees or representatives of either the Company or any of the Company’s affiliates. No one other than the Company is authorized to rely upon the engagement of Globalvest hereunder or any statements, advice, opinions or conduct of
Globalvest. 
  

	 	8.	Other Matters. 

 If this letter correctly sets
forth our Agreement on the matters covered herein, please so indicate by signing and returning the enclosed copy of this letter and signing and retaining the duplicate we are enclosing for your records. Upon execution by both parties, this letter
will constitute a legally binding Agreement between the Company and Globalvest. We trust the foregoing terms and provisions are agreeable to you, and request that you sign and return the enclosed copy of this Agreement to us. 
  

 -2- 

			
	GLOBALVEST PARTNERS, LLC
		
	By:	 	/s/ Barry Patterson
	Name:	 	Barry Patterson
	Title:	 	President

  

			
	 AGREED AND ACCEPTED:
 Akesis
Pharmaceuticals, Inc.

		
	By:	 	/s/ Jay Lichter
	Name:	 	Jay Lichter, Ph.D.
	Title:	 	President and CEO

  

 -3- 

 SCHEDULE I 
 This Schedule I is a part of and is incorporated into that certain letter agreement (the “Agreement”), dated November 8, 2006 by and between Akesis Pharmaceuticals, Inc. (the “Company”)
and Globalvest Partners, LLC. (“Globalvest”). Capitalized terms not defined herein shall have the same meaning assigned in the Agreement. The Company shall indemnify and hold harmless Globalvest and its affiliates and their respective
directors, officers, employees, attorneys and other agents appointed by any of the foregoing and each other person, if any. controlling Globalvest or any of its affiliates (Globalvest and each such person and entity being referred to as an
“Indemnified Person”), from and against any losses, claims, damages, judgments, assessments, costs and other liabilities (collectively, “Liabilities”), and will reimburse each Indemnified Person for all fees and expenses
(including the reasonable fees and expenses of counsel) (collectively, “Expenses”) as they are incurred in investigating, preparing, pursuing or defending any claim, action, proceeding or investigation, whether or not in connection with
pending or threatened litigation and whether or not any Indemnified Person is a party (collectively, “Actions”), arising out of or in connection with advice or services rendered or to be rendered by an Indemnified Person pursuant to the
Agreement, the transactions contemplated thereby or any Indemnified Persons’ actions or inactions in connection with any such advice, services or transaction (the “Services”): provided that the Company will not be responsible for any
Liabilities or Expenses of any Indemnified Person that are determined by a judgment of” a court of competent jurisdiction, which judgment is no longer subject to appeal or further review, to have resulted from such Indemnified Person’s
gross negligence, willful misconduct or bad faith in connection with any of the advice, actions, inactions or services referred to above. The Company shall also reimburse Globalvest for all Expenses as they are incurred in connection with enforcing
such Indemnified Persons’ rights under the Agreement (including without limitation its rights under this Schedule I). Such Indemnified Person shall reasonably cooperate with the defense of any Actions. Upon receipt by an Indemnified Person
of actual notice of an Action against such Indemnified Person with respect to which indemnity may be sought under the Agreement, such Indemnified Person shall promptly notify the Company in writing; provided that failure to so notify the Company
shall not relieve the Company from any liability which the Company or any other person may have on account of this indemnity or otherwise, except to the extent the Company shall have been materially prejudiced by such failure. The Company may, upon
receipt of notice, assume the defense of any such Action including the employment of counsel reasonably-satisfactory to Globalvest. Any Indemnified Person shall have the right to employ separate counsel in any Action and participate in the defense
thereof, but the fees and expenses of such counsel shall be at the expense of such Indemnified Person, unless: (i) the Company has failed promptly to assume the defense and employ counsel or (ii) in the written opinion of Globalvest’s
legal counsel a conflict of interest exists with the Company: provided that the Company shall not in such event be responsible hereunder for the fees and expenses of more that one separate counsel in connection with any Action in the same
jurisdiction, in addition to any local counsel. The Company shall not be liable for any settlement of any Action effected without its written consent (which shall not be unreasonably withheld or delayed). In addition, the Company will not. without
prior written consent of Globalvest (which shall not be unreasonably withheld), settle, compromise or consent to the entry of any judgment in or otherwise seek to terminate any pending or threatened Action in respect of which indemnification or
contribution may be sought hereunder (whether or not any Indemnified Person is a party thereto) unless such settlement, compromise, consent or termination includes an unconditional release of such indemnified Person from all liabilities arising out
of such Action. 

 In the event that the foregoing indemnity is not available to an Indemnified Person in accordance with
the Agreement pursuant to the requirements of applicable law. (he Company shall contribute to the Liabilities and Expenses paid or payable by such Indemnified Person in such proportion as is appropriate to reflect (i) the relative benefits to
the Company, on the one hand, and to Globalvest. on the other hand, of the matters contemplated by (he Agreement, or (ii) if the allocation provided by the immediately preceding clause is not permitted by the applicable law. not only such
relative benefits but also the relative fault of the Company, on the one hand, and Globalvest, on the other hand, in connection with the matters as to which such Liabilities or Expenses relate, as well as any other relevant equitable considerations.
For purposes of this paragraph, the relative benefits to the Company, on the one hand, and to Globalvest, on the other hand, of the matters contemplated by this Agreement shall be deemed to be in the same proportion as (a) the total value paid
or received or contemplated to be paid or received by the Company in the transaction, whether or not any transaction is consummated, bears to (b) the fees paid or payable to Globalvest under the Agreement. No Indemnified Person shall have any
liability (whether direct or indirect, in contract or tort or otherwise) to the Company for or in connection with advice or services rendered or to be rendered by any Indemnified Person pursuant to the Agreement, the transactions contemplated
thereby or any Indemnified Person’s actions c>r inactions in connection with any such advice, services or transactions except for Liabilities (and related Expenses) of the Company that are determined by a judgment of a court of competent
jurisdiction, which judgment is no longer subject lo appeal or further review, to have resulted solely from such Indemnified Person’s gross negligence or willful misconduct in connection with any .such advice, actions, inactions or services.
These indemnification, contribution and other provisions of this Schedule I shall (i) remain operative and in full force and effect regardless of any termination of the Agreement or completion of the engagement by Globalvest;
(ii) inure lo the benefit of any successors, assigns, heirs or personal representative of any Indemnified Person; and (iii) be in addition lo any other rights that any Indemnified Person may have. 
  

 -2-Exhibit 10.1

 Exhibit 10.1 
 

 
 COMPUTER SOFTWARE INNOVATIONS, INC. 
 900 East Main Street, Suite &  
 Easley, South Carolina 29640 
 RBC Centura Bank 
 Attn: Mr. Charles Arndt 
 531 South Main Street, 2nd Floor

 Greenville, SC 29601 
  

	 	RE:	Waiver of certain provisions of loan documents 

 Dear Mr. Arndt:

 This letter is being provided to you in connection with the following joan documents that have been executed and delivered to RBC Centura
Bank (the “Bank”) by Computer Software Innovations, Inc. (“CSI”): (1) the Commitment Letter dated February 22, 2005 (the “Commitment Letter”); (2) the Loan Agreement dated March 14, 2005 (the
“Loan Agreement”) and related Loan Documents (as such term is defined in the Loan Agreement); (3) the Promissory Note dated February 10, 2006 (the “Term Promissory Note”); (4) the Commercial Security Agreement
dated February 10, 2006 (the “Second Security Agreement”); and (5) the Business Loan Agreement (Asset Based) dated April 24, 2006 (the “Business Loan Agreement”). The Loan Agreement, the Loan Documents, the Term
Promissory Note, the Second Security Agreement, and the Business Loan Agreement collectively shall be referred to hereafter as the “Credit Documents.” Specifically, this letter concerns a potential default or violation of certain covenants
under the Credit Documents arising out of our negotiation, execution and delivery of that certain Asset Purchase Agreement between McAleer Computer Associates, Inc., William J. McAleer (the sole shareholder of McAleer Computer Associates, Inc.). and
CSI (the “APA”), as well as certain other documents and agreements contemplated therein (collectively, with the APA, referred to as the “APA Documents”). These APA Documents have not been dated or executed by the parties. We are
enclosing copies of the most recent draft of the APA, as well as the most significant APA Documents with respect to the Bank, with this letter. We do not expect any substantive terms to change. 
 The terms of the APA provide that we will purchase substantially all of the assets and business owned and operated by McAleer Computer Associates, Inc.
(the “Seller”), and that we will assume certain limited liabilities of the Seller. The total purchase price for the assets is Four Million Fifty Thousand and 00/100 Dollars ($4,050,000.00). Of this amount, Three Million Five Hundred
Twenty-Five Thousand and 00/100 Dollars ($3,525,000.00) is due at the closing of the transaction, and Five Hundred Twenty-Five Thousand and 00/100 Dollars ($525,000.00) will be Seller-financed as set forth in a promissory note (“Seller
Promissory Note”). The terms of the Seller Promissory Note provide that the principal shall be paid over a period of five years in equal quarterly installments of 
 900 East Main Street, Suite T | Easley, SC 29640 | toll free: 800-953-6847 | ph: 864-855-3900 | fax: 864-422-0647 | csioutfitters.com 

 $26,250.00 each, commencing March 31, 2007, plus interest computed in arrears using three (3) month LIBOR as
published in the Wall Street Journal. The Seller Promissory Note shall be secured by a first mortgage on the Seller’s real property located in Mobile, Alabama that we are acquiring as part of the transaction. As you are aware, at the time that
the Letter Agreement was signed regarding this transaction, we were required to pay an earnest money deposit to the Seller of $100,000.00, which shall be applied to the portion of the purchase price due at the closing of the transaction. The closing
is scheduled for early January of 2007. 
 As a result of our executing and delivering the APA Documents to the Seller, and then proceeding
to close the transaction proposed therein, certain covenants contained in the Credit Documents may be violated, including, but not necessarily limited to, the following: 
  

	 	(1)	Covenants contained in the Commitment Letter, the Loan Agreement, and the Business Loan Agreement that restrict our use of loan proceeds to purposes of working capital,
recapitalization and business operations (to the extent we use any loan proceeds to pay any part of the purchase price); 

  

	 	(2)	Covenants contained in the Commitment Letter and the Loan Agreement requiring the Bank’s written consent to acquire all or substantially all of the assets of another entity;

  

	 	(3)	Covenants contained in the Commitment Letter and the Business Loan Agreement requiring the Bank’s written consent to incur indebtedness (as a result of our incurring
indebtedness to the Seller); 

  

	 	(4)	Covenants contained in the Commitment Letter, the Loan Agreement, the Second Security Agreement, and the Business Loan Agreement requiring the Bank’s written consent to
encumber or grant a priority security interest in any property we own or any collateral of the Bank (as a result of our granting a first mortgage to Seller on the real property we are acquiring as part of the transaction); 

 

	 	(5)	Covenants contained in the Loan Agreement, the Term Promissory Note, or the Business Loan Agreement making it an event of default if the Bank deems itself insecure, if there is an
impairment of the prospect of repayment or of value or priority of the Bank’s security interests, or if a material adverse change in our business or financial condition has occurred; 

  

	 	(6)	Covenants contained in the Commitment Letter and the Loan Agreement requiring the Bank’s written consent to engage in a new material line of business (to the extent the
Seller’s business would constitute a new material line of business); and 

  

	 	(7)	Covenants contained in the Loan Agreement restricting use of the Bank’s collateral to South Carolina (to the extent any of the assets we acquire in the transaction become the
Bank’s collateral and are used in Alabama or elsewhere). 

 Violations of these covenants may trigger default clauses in these and other of the Credit Documents. To that end, we
respectfully request that the Bank grant a waiver of any default provisions or covenants contained in the Credit Documents in the following respects: (1) our execution and delivery of the APA Documents to the Seller, and our proceeding to
consummate the proposed transaction at the closing; (2) our use of loan proceeds from the Bank to pay up to $3,425,000.00, or the balance of the purchase price required at closing; (3) our execution and delivery of the Seller Promissory
Note; (4) our execution and delivery of a first mortgage to the Seller covering the real property we will acquire in this transaction; (5) our acquiring and thereafter engaging in the Seller’s business, but not as to any event
subsequently occurring or condition arising in the engagement of that business that causes the Bank to deem itself insecure, or impairs the prospect of repayment or value or priority of the Bank’s security interests, or causes a material
adverse change in the business or financial condition of CSI; and (6) our use of the assets we acquire in the transaction in states other than South Carolina, primarily in Alabama. 
 If our request is acceptable to the Bank, please indicate your assent by affixing your signature and the date below, and returning a copy of this letter
to me and our legal counsel, Leatherwood Walker Todd & Mann, P.C., to the attention of Seann G. Tzouvelekas. Thank you in advance for your consideration of our request. Please call me if you have any questions concerning any of the
foregoing. 
  

	
	Yours very truly,
	
	 /s/ Nancy K. Hedrick

	Nancy K. Hedrick

 ON BEHALF OF RBC CENTURA BANK, THE REQUEST 
 FOR WAIVER ABOVE IS ACCEPTED. 
 Date: November 20, 2006 
 RBC CENTURA BANK 
  

			
	By:	 	 /s/ Charles Arndt

		 	Charles Arndt
		
	Its:	 	Market Executive – South Carolina Markets

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00113-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00113-of-00352.parquet"}]]