Document:

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EXHIBIT 10.1

                     NON-COMPETE/NON-SOLICITATION AGREEMENT

         This NON-COMPETE AND NON-SOLICATION AGREEMENT (the "AGREEMENT") is made
and entered into this 27th day of December, 2001, by and between STRATUS
SERVICES GROUP, INC., a Delaware company ("Stratus"), and PROVISIONAL EMPLOYMENT
SOLUTIONS, INC., a Georgia corporation, RAYMOND W. CLAWSON, RHONDA MILLS, and
JEFF WALDIE, individually and collectively (collectively, "Provisional").

                                    RECITALS:
                                    ---------

         WHEREAS, Provisional and Stratus have executed an Asset Purchase
Agreement whereby Stratus has purchased the ongoing clerical and light
industrial staffing business of Provisional (the "Acquired Business"); and

         WHEREAS, Provisional possesses substantial information and knowledge
regarding the Acquired Business operations; and

         WHEREAS, Stratus and Provisional desire to enter into an agreement
whereby Provisional agrees not to compete with the Acquired Business

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

CONFIDENTIALITY AND TRADE SECRETS
---------------------------------

         Provisional acknowledges that the manuals, methods, forms, techniques
and systems which it has sold to Stratus whether for its own use or for use by
or with its clients, are confidential trade secrets and are the property of
Stratus.

         Provisional further acknowledges that it has had access to confidential
information concerning the Acquired Business' clients, including their business
affairs, special needs, preferred methods of doing business, methods of
operation, key contact personnel and other data, all of which provides Stratus
with a competitive advantage and none of which is readily available except to
Provisional and employees of Stratus.

         Provisional further acknowledges that it has had access to the names,
addresses, telephone numbers, qualifications, education, accomplishments,
experience, availability, resumes and other data regarding persons who have
applied or been recruited for temporary or permanent employment by the Acquired
Business, as well as job order specifications and the particular characteristics
and requirements of persons generally hired by a client, specific job listings,
mailing lists, computer runoffs, financial and other information, all of which
provides Stratus with a competitive advantage and none of which is readily
available except to Provisional and employees of Stratus.

         Provisional agrees that all of the foregoing information regarding the
Acquired Business' methods, clients and employees constitutes valuable and
proprietary trade secrets and confidential information of Stratus (hereafter
"Confidential Information").

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NON-COMPETITION AGREEMENT
-------------------------

         Provisional agrees that it shall not, for a period of twenty-four (24)
months from the date of the Asset Purchase Agreement either directly or
indirectly, on its own account or as agent, stockholder, employer, or otherwise
in conjunction with any other person or entity, engage in competition with the
Acquired Business, or action concert with a business in competition with the
Acquired Business; nor will it solicit accounts, personnel, or engage in any
other competitive activities related to the Acquired Business. Provisional
acknowledges that doing so in any manner would interfere with, diminish and
otherwise jeopardize and damage the business and goodwill of the Acquired
Business.

NON-DISCLOSURE AGREEMENT
------------------------

         Provisional agrees that except as directed by Stratus, it will not at
any time use for any reason or disclose to any person any of the Confidential
Information of the Acquired Business or permit any person to examine and/or make
copies of any documents which may contain or are derived from Confidential
Information, whether prepared by Provisional or otherwise, without the prior
written permission of Stratus in the retained business.

AGREEMENT NOT TO COMPETE FOR ACCOUNTS OR PERSONNEL
--------------------------------------------------

         Provisional agrees that during the forty-eight (48) months after the
Asset Purchase Agreement it will not, directly or indirectly, contact, solicit,
divert, take away or attempt to contact, solicit, divert or take away any staff
employee, temporary personnel, customer, account, business or goodwill from
Stratus in the Acquired Business, either for Provisional's own benefit or some
other person or entity, and will not aid or assist any other person or entity to
engage in any such activities.

         This Agreement shall be subject to the provisions of the Asset Purchase
Agreement with respect to events of default and remedies.

STRATUS SERVICES GROUP, INC.                PROVISIONAL:

/s/ Michael A. Maltzman                     /s/ Raymond W. Clawson
------------------------------------        -----------------------------------
Michael A. Maltzman                         Raymond W. Clawson as
Executive Vice President and                President and Individually
  Chief Financial Officer

                                            /s/ Rhonda Mills
                                            -----------------------------------
                                            Rhonda Mills, Individually

                                            /s/ Jeff Waldie
                                            -----------------------------------
                                            Jeff Waldie, Individually<Page>

EXHIBIT 10.2

                                 PROMISSORY NOTE
                                 ---------------

U.S. $1,100,000                                                December 27, 2001
                                                                   Manalapan, NJ

         FOR VALUE RECEIVED, STRATUS SERVICES GROUP, INC., a Delaware
corporation (hereinafter referred to as the "Maker") promises to pay to the
order of PROVISIONAL EMPLOYMENT SOLUTIONS, INC., a Georgia corporation or its
successor or its assignee (hereinafter referred to as the "Lender") with its
corporate headquarters located at 1 Pembrooke Lane, Cartersville, Georgia 30120,
or at such address as Lender may designate from time to time, the principal sum
of One Million One Hundred Thousand and 00/100 Dollars($1,100,000), together
with interest thereon at the rate of six percent (6%), amortized and payable
over a ten-year period in equal quarterly payments, commencing ninety (90) days
after the Closing Date. This Note shall be repaid as follows: on or before the
date which is ninety (90) days after the Closing Date, and on the same date each
quarter thereafter, Maker shall pay to Lender the sum of $36,769.81, with the
final payment of all remaining principal and accrued and outstanding interest
due and payable on or before December 27, 2011 (the "Maturity Date").

         This Note is made pursuant to the provisions of that certain asset
purchase agreement, dated as of December 27, 2001, by and between the Maker and
Lender (the "Asset Purchase Agreement"). The capitalized terms herein not
otherwise defined, shall have the meaning given to such terms in the Asset
Purchase Agreement.

         In the event that the Maker sells or otherwise disposes of
substantially all of the Assets or sells the Acquired Business, as those terms
are defined in the Asset Purchase Agreement, then, in such event, said sale or
disposition shall cause this Note to become immediately due and payable.

         Payments of the amounts due hereunder shall be made in lawful money of
the United States which shall be legal tender in payment of all debts, public
and private, at the time of payment.

         Should Maker not pay any installment required hereunder within ten (10)
days of the date it is due, or should Maker be in default of the Security
Agreement or the Asset Purchase Agreement beyond any applicable grace periods,
then Lender shall have the option, without notice or demand, to declare Maker to
be in default under this Note

         Should any installment due hereunder not be made by Maker within ten
(10) days of the date it is due, the late installment shall be subject to a five
percent (5%) late charge.

         Upon any default under this Note, in addition to any other remedies
provided herein or in the Security Agreement or the Asset Purchase Agreement,
the unpaid principal shall, at the option of the Lender, become immediately due
and payable and interest will accrue at an annual rate equal to the lesser of
eighteen percent (18%) or the maximum rate of interest permitted by applicable
law. Failure to exercise this right to accelerate the Maturity Date, shall not
constitute a waiver of Lender's right to exercise the same in the event of any
subsequent default. Any property of the Maker or of any endorser held by the
Lender hereof may be applied by the Lender to any sums due and unpaid pursuant
to this Note.

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         As to this Note and any other instruments securing the indebtedness,
the Maker waives all notice of acceleration, presentment, protest and demand,
dishonor and non-payment of this Note, and expressly agree that the maturity of
this Note, or any payment hereunder, may be extended from time to time without
in any way affecting the liability of the Maker and all guarantors and
endorsers.

         Should it become necessary to collect this Note through an attorney,
the Maker and any surety, endorser or guarantor of this Note hereby agree to pay
all costs and expenses of collection, including reasonable attorneys' fees and
any attorneys' fees incurred in appellate, bankruptcy or post-judgment
proceedings.

         This Note shall be governed by and construed in accordance with the
laws of the State of New Jersey. The Maker agrees to submit to the jurisdiction
of any court which Lender may select in Monmouth County, New Jersey to enforce
the terms of this Note.

         The Maker acknowledges and agrees that this Note has been signed and
delivered in exchange for valuable consideration.

         This Note may be prepaid in whole or in part at any time prior to the
Maturity Date without penalty.

         Time is of the essence with respect to each and every term and
provision of this Note.

         Any notice or demand which Lender may desire to give to Maker shall be
deemed given and received if written notice or demand is either delivered to the
address of Maker given in the Asset Purchase Agreement or mailed by certified
U.S. mail, return receipt requested to such address. Delivered notices shall be
effective when delivered and mailed notices three (3) days after the notice is
deposited in the U.S. Mail, with sufficient postage affixed.

         This Note may not be changed orally, but only by an agreement in
writing, signed by the party against whom enforcement of any waiver, change,
modification or discharge is sought.

         The term "Maker" as used herein in every instance shall include the
heirs, executors, administrators, successors, legal representatives and assigns
of Maker.

         Executed and sealed the day and year first written above.

                                            STRATUS SERVICES GROUP, INC.

Attest:

/S/ J. Todd Raymond, Esq.                   By: Michael A. Maltzman
------------------------------------            --------------------------------
J. Todd Raymond, Esq.                           Michael A. Maltzman
Secretary and General Counsel                   Executive Vice President and
                                                Chief Financial Officer
                                                             (Corporate Seal)

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                               SECURITY AGREEMENT
                               ------------------

         THIS SECURITY AGREEMENT (this "Security Agreement") is entered into as
of December 27, 2001 by and between PROVISIONAL EMPLOYMENT SOLUTIONS, INC. a
Georgia corporation, (hereinafter referred to as the "Lender") with its
corporate headquarters located at 1 Pembrooke Lane, Cartersville, Georgia 30120
and STRATUS SERVICES GROUP, INC., a Delaware corporation, with its principal
office at 500 Craig Road, Suite 201, Manalapan, NJ 07726 (the "Debtor").

                             BACKGROUND INFORMATION

A. Debtor has executed on this date a promissory note in the principal amount of
One Million One Hundred Thousand and 00/100 Dollars ($1,100,000) (the "$1.1
Note"). The $1.1M Note was made pursuant to the provisions of that certain asset
purchase agreement, dated as of December 27, 2001, by and between Lender and
Debtor (the "Asset Purchase Agreement"). The capitalized terms herein not
otherwise defined, shall have the meaning given to such terms in the Asset
Purchase Agreement.

B. In consideration for the loan evidenced by the $1.1M Note, the Debtor desires
to grant to Lender a security interest in the Collateral (as hereinafter
defined) in accordance with the terms of this Security Agreement.

                                   PROVISIONS

         NOW, THEREFORE, for valuable consideration, the receipt and sufficiency
of which are hereby acknowledged, it is agreed as follows:

         1. GRANT OF SECURITY INTEREST. Debtor hereby grants, pledges and
assigns to Lender a security interest in the Assets, including without
limitation all customer lists, goodwill, inventory, furnishings, fixtures,
equipment and all other forms of personal property of the Debtor in the Acquired
Business, wherever same may be located, whether now owned or existing or
hereafter arising or acquired by Debtor, together with all substitutions,
replacements, additions and accessions therefore or thereto, all negotiable
documents relating thereto and all cash and non-cash proceeds thereof including,
but not limited to, notes, drafts, checks, instruments, insurance proceeds,
indemnity proceeds, warranty and guaranty proceeds except that no present or
future accounts (as defined in the Uniform Commercial Code of New Jersey) or
proceeds of such accounts shall be subject to such security interest (all of the
foregoing hereinafter referred to as the "Collateral").

         The security interest hereby granted is to secure the prompt and full
payment and complete performance of all obligations of Debtor to Lender under
the $1.1M Note, the Asset Purchase Agreement and this Security Agreement (herein
the "Obligations"). Notwithstanding anything contained in this Agreement to the
contrary, and provided that Debtor is not in default under the Obligations,
Debtor may dispose of in any manner any portion of the Collateral and have and
retain the proceeds from any such disposition to Debtor's exclusive use and
benefit, so long as such disposition will not materially and adversely affect
the operation of Acquired Business.

         2. GENERAL COVENANTS. Debtor represent, warrants and covenants to and
for the benefit of Lender as follows:

         (a) Except for the security interest granted hereby and the rights and
interests of Capital Temp Fund (the "Debtor's Senior Debt") : (i) Debtor is the
sole owner of the Collateral free from any and

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all liens, security interests, encumbrances, claims and other adverse interests;
and (ii) no security agreement, financing statement, equivalent security or lien
instrument or continuation statement covering any of the Collateral has been
executed by Debtor, or is on file or of record in any public office.

         (b) Debtor shall not create, permit or suffer to exist, and shall take
such action as is necessary to remove, any claim to or interest in or lien or
encumbrance upon the Collateral, other than the security interest granted hereby
and the rights and interests of the holder of Debtor's Senior Debt.. Debtor
shall defend the right, title and interest of Lender in, to and under the
Collateral against all claims and demands of all persons and entities at any
time claiming the same or any interest therein.

         (c) Subject to any limitation stated therein or in connection
therewith, all information furnished by Debtor concerning the Collateral, is or
shall be at the time the same is furnished, accurate, correct and complete in
all material respects.

         3. ADDITIONAL ASSURANCES. Debtor shall perform, do, make, execute and
deliver all such additional and further acts, things, deeds, assurances and
instruments as Lender may require to more completely vest in and assure to
Lender its rights hereunder and in, to or under the Collateral.

         4. PRESERVATION AND DISPOSITION OF COLLATERAL.

            (a) Except for the security interest granted hereby, Debtor shall
keep the Collateral free from any and all liens, security interests,
encumbrances, claims and interests. Debtor shall advise Lender promptly, in
writing and in reasonable detail, (i) of any material encumbrance upon or claim
asserted against any of the Collateral; (ii) of any material change in the
composition of the Collateral; and (iii) of the occurrence of any other event
that would have a material effect upon the aggregate value of the Collateral or
upon the security interest of Lender.

            (b) Debtor shall not sell or otherwise dispose of the Collateral.

            (c) Debtor shall not use the Collateral in violation of any statute,
ordinance, regulation, rule, decree or order. Debtor shall pay and/or satisfy
any charges, taxes, liens or levies upon the Collateral or in respect to the
income or profits therefrom, except that no such charge need be paid if (i) the
validity thereof is being contested in good faith by appropriate proceedings;
and (ii) such proceedings do not involve any danger of sale, forfeiture or loss
of any Collateral or any interest therein.

            (d) Unless Debtor pays the same within ten (10) business days after
written demand for such payment by Lender, Lender may, at its option, discharge
taxes, liens, security interests or other encumbrances at any time levied or
placed on the Collateral and may pay for the maintenance and preservation of the
Collateral. Debtor agrees to reimburse Lender upon demand for any payment made
or any expense incurred (including reasonable attorneys' fees) by Lender
pursuant to the foregoing authorization. Should Debtor fail to pay said sum to
Lender upon demand, interest shall accrue thereon, from the date of demand until
paid in full, at the highest rate set forth in the $1.1M Note.

         5. EXTENSIONS AND COMPROMISES. With respect to any Collateral held by
Lender as security for the $1.1M Note, Debtor assents to all extensions or
postponements of the time of payment thereof or any other indulgence in
connection therewith, to each substitution, exchange or release of the
Collateral, to the addition or release of any party primarily or secondarily
liable therefor, to the acceptance of partial payments thereof and to the
settlement, compromise or adjustment thereof, all in such manner and at such
time or times as Lender may deem advisable. Lender shall have no duty as to the
collection or protection of the Collateral or any income therefrom, nor as to
the preservation of rights against prior parties, nor as to the preservation of
any right pertaining thereto, beyond the safe custody of the Collateral in the

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possession of Lender, provided, however, nothing contained in this paragraph 5
shall exculpate Lender from any liability which would otherwise arise as a
result of any action (as distinguished from an omission) constituting gross
negligence or willful misconduct of Lender.

         6. FINANCING STATEMENTS. At the request of Lender, Debtor shall join
with Lender in executing one or more financing statements in form satisfactory
to Lender and shall pay the cost of filing the same in all public offices
wherever filing is deemed by Lender to be necessary or desirable. Debtor hereby
agrees that a carbon, photographic or other reproduction of this Security
Agreement or of a financing statement shall be sufficient as a financing
statement.

         7. DEFAULT. The occurrence of any of the following shall, at the option
of Lender, be an event of default:

            (a) Debtor's failure to make any payment of principal or interest on
the $1.1M Note when due or to make any payments required by the Asset Purchase
Agreement when due;

            (b) Debtor's failure to comply with any of the provisions of, or the
incorrectness of any representation or warranty contained in, this Security
Agreement, the Asset Purchase Agreement or the $1.1M Note;

            (c) Transfer or disposition of any of the Collateral, except as
expressly permitted by this Security Agreement;

            (d) Attachment, execution or levy on any of the Collateral, except
as expressly permitted by this Security Agreement;

            (e) Debtor voluntarily or involuntarily becoming subject to any
proceeding under (i) the Bankruptcy Code or (ii) any similar remedy under state
statutory or common law;

         8. REMEDIES. Upon an event of default as set forth in Section 7 hereof,
Lender may declare the unpaid balance of the Obligations immediately due and
payable and may exercise any of the following remedies or any combination
thereof:

            (a) Lender may pursue any remedy at law, including the rights and
remedies of a secured party under this Security Agreement, under any other
instrument or agreement securing the $1.1M Note and under the laws of the State
of New Jersey, or in equity to collect, enforce or satisfy the Obligations then
owing, whether by acceleration or otherwise..

            (b) Whenever Debtor shall be in default as aforesaid, Lender may, at
its option, exercise from time to time any or all rights and remedies available
to it under UCC or otherwise available to it, including the right to collect,
receipt for, settle, compromise, adjust, sue for, foreclose or otherwise realize
upon ay of the Collateral and to dispose of any of the Collateral at public or
private sale(s) or other proceedings, in conforming with the requirements of the
UCC.

            (c) The Proceeds of any Collateral received by Lender at any time
before or after default, whether from the sale of Collateral or otherwise, shall
first be applied to Liquidation Costs (as herein defined) and then shall be
applied to the payment of the Obligations in such order and manner of
application as Lender may determine in its sole discretion. "Liquidation Costs"
as used herein shall mean all costs and expenses, including without limitation,
reasonable attorney's fees, incurred by or on behalf of Lender (i) in enforcing
the Obligations, and (b) in connection with the foreclosure, taking, holding,
preparing for sale or other disposition, selling, managing or collecting of the
Collateral.

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            (d) Debtor agrees that upon default and upon demand by Lender,
Debtor shall peaceably and without further demand by Lender, deliver to Lender
all the Collateral, together with such executed documents of transfer as Lender
may reasonably request.

         9. MISCELLANEOUS PROVISIONS.

            (a) All of Lender's rights and remedies, whether at law or in equity
and whether evidenced hereby or by any other agreement, instrument or paper,
shall be cumulative and may be exercised singularly or concurrently. The
exercise of one or more rights or remedies shall not prejudice or impair the
concurrent or subsequent exercise of other rights or remedies.

            (b) Any demand upon or notice to Debtor shall be in writing
delivered in person (which delivery shall be acknowledged by written receipt),
by facsimile transmission, or by depositing the same in the U.S. mails, postage
prepaid, addressed to Debtor at the address set forth at the beginning of this
Security Agreement. Such demand or notice shall be effective upon receipt of a
fax confirmation or if mailed, upon the earlier of: (i) three days after
depositing in the U.S. Mail, (ii) actual receipt by Debtor; and (iii) the
refusal by any employee, agent or representative of Debtor to accept delivery
thereof.

            (c) Lender shall not be deemed to have waived any of its rights
hereunder or under any other agreement, instrument or paper signed by Debtor
unless such waiver be in writing and signed by Lender. No failure or delay by
the Lender to insist upon the strict performance of any term, condition,
covenant, or agreement of this Security Agreement, the $1.1M Note, the Asset
Purchase Agreement or any other related document or instrument, or to exercise
any right, power, or remedy consequent upon a breach thereof, shall constitute a
waiver of any such term, condition, covenant, or agreement or of any such
breach, or preclude the Lender from exercising any such right, power, or remedy
at any later time or times. By accepting payment after the due date of any of
the Obligations, Lender shall not be deemed to have waived the right to require
payment when due of all other Obligations..

            (d) This Security Agreement and all rights and obligations
hereunder, including matters of construction, validity and performance, shall be
governed by the laws of the State of New Jersey.

            (e) The provisions hereof shall, as the case may require, bind or
inure to the benefit of the respective successors and assigns of Debtor and
Lender.

            (f) Any provision of this Security Agreement which is prohibited or
unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective
to the extent of such prohibition or unenforceability without invalidating the
remaining provisions hereof, and any such prohibition or unenforceability in any
jurisdiction shall not invalidate or render unenforceable such provision in any
other jurisdiction.

         10. CARE OF COLLATERAL. The Debtor will maintain the Collateral in
first-class condition excepting any loss, damage, or destruction which is fully
covered by proceeds of insurance, and will not do or permit anything to be done
to the Collateral that may impair its value or that may violate the terms of any
insurance covering the Collateral or any part thereof. Debtor will use the
Collateral for lawful purposes only, with all reasonable care and caution and in
conformity with all applicable laws, ordinances, and regulations.

         11. INSURANCE. Debtor will insure such of the Collateral as specified
by the Lender against such casualties and risks in such form and amount and with
such companies as may from time to time be required

<Page>

by Lender. Debtor will pay all premiums due or to become due for such insurance
and Debtor shall have Lender named as an additional insured under the policies.

         IN WITNESS WHEREOF, Debtor and Lender have signed this Security
Agreement this __ day of _______________, 2001.

ATTEST:                                     PROVISIONAL EMPLOYMENT SOLUTIONS,
-------                                     INC.

                                            By: /s/ Raymond W. Clawson
------------------------------------            --------------------------------
                                            Name: Raymond W. Clawson
                                            Its: Chairman

ATTEST                                      STRATUS SERVICES GROUP, INC.
------

/s/ J. Todd Raymond, Esq.                   By: /s/ Michael A. Maltzman
------------------------------------            --------------------------------
J. Todd Raymond, Esq.                       Name: Michael A. Maltzman
Secretary and General Counsel               Its: Executive Vice President and
                                                     Chief Financial Officer

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