Document:

exhibit10-45.htm

    
 

    
      Exhibit
        10.45

      EMPLOYMENT
        AGREEMENT

       

      THIS
        AGREEMENT is made and entered into
        as of the 4th day of June, 2007, by and between Micron Products, Inc.
        (“Micron”), with its principal place of business located in Fitchburg,
        Massachusetts, and Michael F. Nolan (“Employee”), who resides in Brentwood, New
        Hampshire.

       

      WHEREAS,
        Micron desires to retain the
        services of Employee as Chief Operating Officer (“COO”) and Employee desires to
        be employed by Micron in such capacity, all upon the terms and subject to
        the
        conditions set forth in this Agreement.

       

      NOW,
        THEREFORE, in consideration of the
        recitals and the mutual covenants and undertakings herein, each Party agrees
        as
        follows:

       

      1.           Employment
        and Duties.  Micron hereby agrees to employ Employee, and Employee
        hereby accepts employment, as Chief Operating Officer, upon the terms and
        conditions hereinafter set forth, both Parties expressly revoking any and
        all
        prior employment agreements between them.  Employee hereby agrees to
        serve Micron in such capacity for the period commencing on June 4, 2007 (the
        “Effective Date”) and continuing for the period stated in Paragraph 2 and upon
        the terms and conditions herein provided.

       

      In
        his capacity as Chief Operating
        Officer, Employee, to the best of his abilities, shall be responsible for
        the
        work as further described in the “Position Description,” attached hereto as
“Exhibit A” and incorporated by reference herein, and shall perform such other
        directly related duties consistent with his position as Chief Operating
        Officer.  As Chief Operating Officer, Employee shall report directly
        to Micron’s President and Chief Executive Officer (“CEO”), and Employee agrees
        to perform such duties as may be assigned to him from time to time.

       

      Employee
        hereby represents and warrants
        that he is not now subject to any agreement which is or would be inconsistent
        or
        in conflict with his obligations hereunder.

       

      2.           Exclusive
        Services.  Employee agrees that he will, during the employment
        term, devote his entire working time, attention and best efforts to the
        performance of the duties as aforesaid and to the business and interests
        of
        Micron, and he shall perform such duties as may be assigned to him ably,
        faithfully and diligently.  Employee shall not at any time or in any
        manner, either directly or indirectly, be involved in any other occupation
        while
        in the employ of Micron unless agreed to specifically by Micron.

       

      3.           Term
        of Employment.  The period of Employee’s employment under this
        Agreement shall commence as of the Effective Date and terminate June 3, 2008,
        unless earlier terminated pursuant to the terms hereof.  This
        Agreement shall be renewed for successive one year terms, unless one party
        notifies the other in writing within thirty (30) days of the expiration of
        the
        then current term of its intention to terminate the Agreement.

       

      4.           Compensation.

       

      (a)           Salary.  As
        compensation for the services to be rendered by Employee under this Agreement,
        Micron agrees to pay, and Employee agrees to accept, a base salary at the
        annualized rate of $125,000, payable in accordance with the Company’s regular
        payroll practices, subject to withholding and other applicable
        taxes.  Employee’s base salary rate shall be subject to an annual
        review by the President and CEO or his designee.

       

      (b)                      Bonus.  In
        each year of this Agreement, Employee shall be eligible to receive a
        discretionary performance bonus.  The specific goals criteria for
        earning such bonus will be mutually agreed upon by the parties at the beginning
        of each year of this Agreement.

       

      (c)                      All
        of Employee’s compensation is subject to deductions for regular payroll taxes
        and withholding, as required by State and Federal law, as well as other
        deductions that Employee authorizes.

       

      (d)                      Fringe
        Benefits.  Employee also shall be entitled to the following
        benefits in each year of this Agreement:

       

      
        	
                 

              	
                (i)

              	
                Employee
                  shall be eligible to participate in Micron’s various benefit plans
                  (including health, dental, life, disability and retirement) on
                  the same
                  basis as Micron’s other employees;
                  and

              

      

      
        	
                 

              	
                (ii)

              	
                Employee
                  shall be eligible to receive Micron’s various paid time off benefits
                  (including paid vacations and holiday) on the same basis as Micron’s other
                  employees.

                 

              

      

       

      
        
          
          

        

        
          X-1a

          
            

          

        

        
          
          

        

      

          5.           Confidentiality.  Employee
        is aware that Micron develops and utilizes, and that he will have, or has
        had
        and will continue to have, access to valuable technical and nontechnical
        trade
        secrets and confidential information including, but not limited to, knowledge,
        information and materials about Micron’s trade secrets, mailing lists, methods
        of operation, advertiser lists, advertisers, customer lists, customers or
        clients, products, services, know-how, business plans and confidential
        information about financial, marketing, pricing, compensation and other
        proprietary matters relating to Micron which are not in the public domain
        (“Confidential Information”), all of which constitutes a valuable part of the
        assets of Micron which Micron seeks to protect.

       

      Accordingly,
        Employee shall not at any
        time during or after the termination of his employment by Micron reveal,
        disclose or make known to any person (other than as may be required by law
        or in
        the performance of his duties), or use for his own or another’s account or
        benefit, any such Confidential Information, whether or not developed, devised
        or
        otherwise created in whole or in part by the efforts of Employee.

       

      Employee
        represents and warrants that
        he has not revealed, disclosed or made known to any person (other than as
        may be
        required by law or in the performance of his duties), or used for his own
        or
        another’s account or benefit, any such Confidential Information, whether or not
        developed, devised or otherwise created in whole or in part by the efforts
        of
        Employee.

       

      Upon
        cessation of Employee’s
        employment, no documents, records or other matter or information belonging
        to
        Micron, whether prepared by Employee or otherwise, and relating in any way
        to
        the business of Micron, shall be taken or kept by Employee without the written
        consent of Micron.

       

      6.           Non-Competition.  Employee
        acknowledges that, in the course of his employment as Chief Operating Officer
        by
        Micron, he will have access to Micron’s Confidential Information; and he will be
        intimately and directly involved in developing and maintaining Micron’s goodwill
        and serving Micron’s customers and prospective customers located throughout the
        world.  Accordingly, Employee agrees as follows:

       

      (a)           To
        the extent permitted by law, during Employee’s employment by Micron and for a
        period of two (2) years after Employee has ceased to be employed by Micron
        for
        any reason, Employee shall not, without the prior written consent of Micron,
        directly or indirectly engage in, assist or have an interest in (whether
        as
        proprietor, partner, investor, stockholder, officer, director or any type
        of
        principal), or enter the employment of or act as an agent for or advisor
        or
        consultant to, any person, firm, partnership, association, corporation, business
        organization, entity or enterprise which is, or is about to become, directly
        or
        indirectly engaged in any business which is directly or indirectly competitive
        with Micron; provided,
        however, that Employee may own less than five percent (5%) of the outstanding
        equity securities of a Corporation that is engaged in such a competitive
        business if the equity securities of such Corporation are publicly traded
        and
        registered under the Securities Exchange Act of 1934; and

       

      (b)           During
        Employee’s employment by Micron and for a period of two (2) years after Employee
        has ceased to be employed by Micron for any reason, Employee shall not, without
        prior written consent of Micron:

       

      
        	
                 

              	
                i.

              	
                directly
                  or indirectly solicit or accept any business substantially similar
                  to that
                  done by Micron from any person, company, firm or organization,
                  or any
                  affiliate of the foregoing, which is or was a client, customer
                  or active
                  prospect of Micron, for or on account of any individual, business
                  enterprise, firm, partnership, association or corporation other
                  than
                  Micron; or 

              

      

      
        	
                 

              	
                ii.

              	
                directly
                  or indirectly solicit the employment of, entice away, or in any
                  other
                  manner persuade or attempt to persuade to leave Micron’s employment, any
                  person employed by Micron; or

              

      

      
        	
                 

              	
                iii.

              	
                take
                  any action prejudicial to Micron or its business affairs or
                  interests.

              

      

       

      7.           Innovations.

       

      (a)           Employee
        hereby assigns, transfers and conveys to Micron and its successors and assigns
        any and all inventions, processes, procedures, systems, discoveries, designs,
        configurations, technology, works of authorship, trade secrets and improvements
        (whether or not they are made, conceived or reduced to practice during working
        hours or using Micron’s data or facilities) (collectively, “Innovations”) which
        Employee makes, conceives, reduces to practice or otherwise acquires during
        any
        period of his engagement by Micron (either solely or jointly with others),
        and
        which are related to Micron's present or planned business, Micron’s services or
        products, and any and all patents, copyrights, trademarks, trade names and
        applications therefore, in the United States and elsewhere, relating
        thereto.  The Innovations shall be the sole property of Micron and
        shall at all times be held by Employee in a fiduciary capacity for the sole
        benefit of Micron.

       

      
        
          
          

        

        
          X-1b

          
            

          

        

        
          
          

        

      

      (b)           All
        such Innovations that consist of works of authorship capable of protection
        under
        copyright laws shall be prepared by Employee as works made for hire, with
        the
        understanding that Micron shall own all of the exclusive rights to such works
        of
        authorship under the United States copyright law and all international copyright
        conventions and foreign laws.  The foregoing notwithstanding, to the
        extent that any such Innovation is not deemed a work made for hire, Employee
        hereby assigns to Micron such Innovation and any and all patents, copyrights,
        trademarks, trade names and applications therefor, in the United States and
        elsewhere, relating thereto.

       

      (c)           Employee
        shall maintain adequate and current written records of all such Innovations,
        which shall be available to and remain the sole property of Micron at all
        times.  Employee shall promptly disclose to Micron all such
        Innovations and shall assist Micron in obtaining and enforcing for its own
        benefit patents and copyright registrations on and in respect of such
        Innovations in all countries in all ways that Micron may request, to secure
        and
        enjoy the full benefits and advantages of such Innovations.  Employee
        understands that his obligations under this section shall continue after
        the
        termination of Employee’s engagement by Micron.

       

      8.           Injunctive
        Relief.  Employee acknowledges that the restrictions contained in
        paragraphs 5, 6 and 7 above, in view of the nature of the business in which
        Micron is engaged, are reasonable and necessary to protect the legitimate
        interests of Micron.  Employee understands that the remedies at law
        for his violation of any of the covenants or provisions of paragraphs 5,
        6 or 7
        may be inadequate, that such violations may cause irreparable injury within
        a
        short period of time, and that Micron shall be entitled to seek preliminary
        injunctive relief and other injunctive relief against such
        violation.  Such injunctive relief shall be in addition to, and in no
        way in limitation of, any and all other remedies Micron shall have in law
        and
        equity for the enforcement of those covenants and provisions.

       

      9.           Termination
        for Cause. This Agreement may be terminated by Micron for
        cause.  No compensation shall be paid or other benefits furnished to
        Employee after termination for cause.  Such a termination shall be
        effective immediately upon written notice being issued to
        Employee.  “Cause” means  (i) willful and deliberate
        misconduct by Employee, such as being under the influence of drugs or alcohol
        on
        the job, dishonesty, misappropriation of assets, insubordination or refusal
        to
        follow reasonable directives and other misconduct of comparable magnitude
        and
        kind; (ii) willful neglect of duty or other material breach of this Agreement
        by
        Employee; (iii) commission of any act of fraud involving Micron, involvement
        in
        any material conflict of interest or self-dealing involving Micron, or
        conviction of a felony or any offenses involving moral turpitude or any criminal
        offense involving Micron; (iv) any act or omission by Employee which has
        a
        material adverse effect on the business activities, financial condition,
        affairs
        or reputation of Micron; (v) violation of any of Micron’s policies or (vi)
        Employee’s failure or refusal to perform a substantial or important portion of
        his duties under this Agreement, which failure or refusal continues for 30
        days
        after written notice to Employee, which notice reasonably informs him of
        such
        failure or refusal.

       

      10.           Termination
        Other Than for Cause.

       

      (a)           Death
        or Disability.  If Employee dies or becomes totally disabled
        during the term of this Agreement, Employee’s employment and salary shall
        terminate at the end of the month during which death or total disability
        occurs,
        and no other compensation or benefits shall be paid to Employee.  For
        the purposes of this Agreement, Employee shall be deemed to be “totally
        disabled” if he has been unable to perform his duties by reason of medical
        condition for 90 days in any 365-day period, all as determined in good faith
        by
        Micron’s President and CEO, or his designee.

       

      (b)           Resignation.  Notwithstanding
        any other provision of this Agreement, Employee shall have the right to
        terminate this Agreement, without cause, upon thirty (30) days’ written notice
        to the President and CEO of Micron.  Upon such termination, no further
        compensation or benefits shall be paid to Employee.

       

      (c)           Other
        “Without Cause” Termination.  This Agreement may be
        terminated immediately by Micron without cause
        or for reasons other than
“cause”
as
        defined in Paragraph
        9.  In the event of such termination, Micron shall pay Employee, as a
        severance benefit, six (6) months’ pay (at his most recent regular rate of pay);
        provided, however, that, as a prerequisite to receiving such severance pay,
        he
        shall be required to sign a separation agreement, including a release
        of claims against Micron and its
        affiliated entities, and their employees and directors.

       

      
        
          
          

        

        
          X-1c

          
            

          

        

        
          
          

        

      

      11.           Mediation/Arbitration
        of Disputes.   In the event of a dispute between the parties,
        Employee and Micron agree to work cooperatively to resolve the dispute amicably
        at appropriate, mutually determined management levels.  In the event
        that a resolution at such management levels does not occur, either party
        may
        submit the dispute to mediation.  Both parties shall agree on one
        mediator and participate in said mediation in good faith.  If the
        matter has not been resolved pursuant to mediation within sixty (60) days
        of the
        commencement of such procedure, which may be extended by mutual agreement
        of the
        parties, the dispute shall be settled by final and binding arbitration in
        Worcester, Massachusetts in accordance with the rules then prevailing of
        the
        American Arbitration Association.  Judgment upon the award rendered by
        the arbitrators may be entered in any court of competent jurisdiction, and
        each
        party shall bear his or its own costs, including attorneys’ fees.  Notwithstanding the
        foregoing, any dispute relating
        Employee’s obligations pursuant to
        Paragraphs 5, 6, and 7 above shall not be subject
        to the mediation/arbitration provisions
        set forth in this Paragraph 11.

       

      12.           Agreement
        Binding Upon Successors.  This Agreement shall be binding upon and
        inure to the benefit of the parties hereto and their respective successors,
        assigns, personal representatives, heirs, legatees and beneficiaries, provided,
        however, that Employee may not delegate his duties and obligations hereunder
        to
        any other person, and further provided that no assignment of this Agreement
        by
        Micron shall relieve Micron of any of its obligations under the terms of
        this
        Agreement.

       

      13.           Waiver
        of Breach.  The waiver of either party hereto of a breach of any
        provision of this Agreement shall not operate or be construed as a waiver
        of any
        subsequent breach by either Micron or Employee.  The failure to
        enforce any provision(s) of this Agreement shall not be construed as a waiver
        of
        such provision(s).

       

      14.           Severability.  It
        is the desire and intent of the Parties that the provisions of this Agreement
        be
        enforced to the fullest extent permissible under the laws and public policies
        applied in each jurisdiction in which enforcement is sought.  Each
        provision of this Agreement or part thereof shall be severable.  If
        for any reason any provision or part thereof of this Agreement is finally
        determined to be invalid and contrary to, or in conflict with any existing
        or
        future law or regulation of a court or agency having valid jurisdiction,
        such
        determination shall not impair the operation or affect the remaining provisions
        of this Agreement, and such remaining provisions will continue to be given
        full
        force and effect and bind each Party.

       

      15.           Notices.  Any
        notices or other communications required or permitted to be given under this
        Agreement shall be in writing and shall be deemed to have been duly given
        if
        delivered personally, or sent by registered or certified mail, return receipt
        requested, postage prepaid, to the address listed below for the parties,
        or to
        such other address as any party may hereafter direct in writing to the other
        party.

       

      
        	
                To
                  Micron:

              	
                To
                  Employee:

              
	
                Micron
                  Products, Inc.

              	
                Michael
                  F. Nolan

              
	
                25
                  Sawyer Passway

              	
                48
                  Middle Road

              
	
                Fitchburg,
                  MA 01420

              	
                Brentwood,
                  NH 03833

              
	
                Attn:
                  President & CEO

              	 
	 	 

      

      16.           Entire
        Agreement; Amendment.  This instrument contains the entire
        agreement of the Parties.  It may not be changed orally but only by an
        agreement in writing signed by both parties hereto.

       

      17.           Governing
        Law.  This Agreement is made in, and shall be governed by, the
        laws of the Commonwealth of Massachusetts without reference to its conflict
        of
        laws provisions.

       

      IN
        WITNESS WHEREOF, the parties hereto,
        individually or by their duly authorized representatives, have executed and
        delivered this Agreement to be effective as of the day and year first above
        written.

       

      
        	
                MICRON
                  PRODUCTS, INC.

              	
                EMPLOYEE

                 

              
	
                By:  /s/
                  James E. Rouse

              	
                /s/
                  Michael F. Nolan

              
	
                       James
                  E.
                  Rouse

              	
                     Michael
                  F. Nolan

              
	
                       President
                  & Chief Executive Officer

              	 

      

      

      
        
                

                    X-1dSIXTH AMENDMENT TO
LOAN AND SECURITY AGREEMENT 

        THIS
SIXTH AMENDMENT TO LOAN AND SECURITY AGREEMENT (“Amendment”) is made
effective this 1st day of August 2007 by and among LASALLE BUSINESS CREDIT,
LLC, successor by merger to LaSalle Business Credit, Inc., as Agent
(“Agent”) for LASALLE BANK MIDWEST NATIONAL ASSOCIATION
(formerly known as Standard Federal Bank National Association)
(“Lender”), MTS MEDICATION TECHNOLOGIES, INC. (formerly known
as Medical Technology Systems, Inc.) (“MTS”) and MTS PACKAGING
SYSTEMS, INC. (“Packaging”, and with MTS, each a
“Borrower” and collectively, the “Borrowers”). 

BACKGROUND 

	 	A. 	Agent,
Lender and Borrowers previously entered into that certain Loan and Security
Agreement dated June 26, 2002 (as amended by that certain First Amendment to
Loan and Security Agreement dated July 8, 2003, that certain Second Amendment
to Loan and Security Agreement dated June 18, 2004, that certain Third
Amendment to Loan and Security Agreement dated February 22, 2006, that
certain Fourth Amendment to Loan and Security Agreement dated November 30,
2006, that certain Fourth Amendment to Loan and Security Agreement dated
January 31, 2007 and as the same may be further amended, modified,
supplemented or restated from time to time, the “Loan
Agreement”).  

	 	B. 	Capitalized
terms used herein and not otherwise defined shall have the meanings provided
for such terms in the Loan Agreement.  

        NOW
THEREFORE, the parties hereto, intending to be legally bound hereby, agree as follows: 

	 	1. 	Capital
Expenditure Limitations. Section 14(c) of
the Loan Agreement is hereby deleted in its entirety and replaced with the
following:  

	 	(c)  	Capital
Expenditure Limitations.   MTS and its Subsidiaries on a
consolidated basis shall not make Capital Expenditures in excess of (i)
Four Million Dollars ($4,000,000.00) during the Fiscal Year ending
March 31, 2008 and (ii) Three Million Dollars ($3,000,000.00) during
any Fiscal Year thereafter.  

	 	2. 	Amendment/References.
  The Loan Agreement and the Other Agreements are hereby amended to be consistent
with the terms of this Amendment. All references in the Loan Agreement and the
Other Agreements to (a) the “Loan Agreement”shall mean the Loan
Agreement as amended hereby; and (b) the “Other Agreements”shall
include, without limitation, this Amendment, the Securities Pledge and all
other instruments or agreements executed pursuant to or in connection with the
terms hereof.  

	 	3. 	Release.
  Each Borrower and each Guarantor acknowledges and agrees that it has no claims,
suits or causes of action against Agent or Lender and hereby remises, releases
and forever discharges Agent, Lender, their officers, directors, shareholders,
employees, agents, successors and assigns from any claims, suits or causes of
action whatsoever, in law or equity, which either Borrower or any Guarantor has
or may have arising from any act, omission or otherwise, at any time up to and
including the date of this Amendment.  

	 	4. 	Additional
Documents; Further Assurances.   Borrowers shall take such other
actions and execute and deliver to Agent, or to cause to be executed and
delivered to Agent, at the sole cost and expense of Borrowers, from time to
time, all documents, agreements, statements, certificates and information as
Agent shall reasonably request to evidence or effect the terms of the Loan
Agreement, as amended, or any of the Other Agreements, as amended, or to
enforce or protect Agent’s interest in all Collateral. All such documents,
agreements, statements, certificates and information shall be in form and
content acceptable to Agent.  

	 	5. 	Further
Agreements and Representations.   Each Borrower does hereby:  

	 	(a) 	ratify,
confirm and acknowledge that, as amended hereby, the Loan Agreement and           all
Other Agreements are valid, binding and in full force and effect;  

	 	(b) 	covenant
and agree to perform all obligations of such Borrower contained herein, in the
Loan Agreement and in the Other Agreements, as amended hereby;  

	 	(c) 	acknowledge
and agree that as of the date hereof, such Borrower has no defense, set-off,
counterclaim or challenge against the payment of any sums owing under the Loan
Agreement or any of the Other Agreements or the enforcement of any of the terms
or conditions thereof;  

	 	(d) 	represent
and warrant that no Default or Event of Default exists under the Loan
Agreement;  

	 	(e) 	acknowledge
and agree that nothing contained herein and no actions taken pursuant to the
terms hereof is intended to constitute a novation of the Loan Agreement or any
of the Other Agreements, and does not constitute a release, termination or
waiver of any of the liens, security interests, rights or remedies granted to
Agent therein, which liens, security interests, rights and remedies are hereby
ratified, confirmed, extended and continued as security for the Liabilities as
amended; and  

	 	(f) 	acknowledge
and agree that such Borrower’s failure to comply with or perform any of
its covenants, agreements or obligations contained in this Amendment shall
constitute an Event of Default under the Loan Agreement and each of the Other
Documents as amended.  

	 	6. 	Fees,
Costs, Expenses and Expenditures.   Each Borrower agrees to pay
all of Agent’s expenses in connection with the review, preparation,
negotiation, documentation and closing of this Amendment and the consummation
of the transactions contemplated hereunder, including, without limitation,
fees, disbursements, expenses and disbursements of counsel retained by Agent
and all fees related to filings, recording of documents and searches, whether
or not the transactions contemplated hereunder are consummated.  

	 	7. 	No
Waiver.   Nothing contained herein constitutes an agreement or
obligation by Agent or Lender to grant any further amendments to the Loan
Agreement or any of the Other Agreements. Nothing contained herein constitutes
a waiver or release by Agent or Lender of any Event of Default or of any rights
or remedies available to Agent or Lender under the Loan Agreement or any of the
Other Agreements or at law or in equity.  

 2

	 	8. 	Inconsistencies.
  To the extent of any inconsistency between the terms and conditions of this
Amendment and the terms and conditions of the Loan Agreement or the Other
Agreements, the terms and conditions of this Amendment shall prevail. All terms
and conditions of the Loan Agreement and the Other Agreements not inconsistent
herewith shall remain in full force and effect and are hereby ratified and
confirmed by Borrowers.  

	 	9. 	Binding
Effect.   This Amendment shall be binding upon and inure to the
benefit of the parties hereto and their successors and assigns.  

	 	10. 	Governing
Law.   This Amendment shall be governed by and construed in
accordance with the laws of the Commonwealth of Pennsylvania without regard to
conflict of law principles.  

	 	11. 	Severability.
  The provisions of this Amendment, the Loan Agreement and the Other Agreements
are deemed to be severable, and the invalidity or unenforceability of any
provision shall not affect or impair the remaining provisions which shall
continue in full force and effect.  

	 	12. 	Modifications.
  No modification of this Amendment or any of the Other Agreements shall be
binding or enforceable unless in writing and signed by or on behalf of the
party against whom enforcement is sought.  

	 	13. 	Headings.
  The headings of the articles, sections, paragraphs and clauses of this
Amendment are inserted for convenience only and shall not be deemed to
constitute a part of this Amendment.  

	 	14. 	Counterparts.
  This Amendment may be executed in multiple counterparts, each of which shall
constitute an original and all of which together shall constitute the same
agreement.  

[REMAINDER OF PAGE
INTENTIONALLY LEFT BLANK] 

 3

        IN
WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed
effective as of the day and year first above written. 

	 	 	 MTS MEDICATION TECHNOLOGIES
        LIMITED (formerly known as MTS Packaging Systems International Ltd.) 
	 	 	 
	 	 	By:	___________________________________
	 	 	Name/Title:	Michael P. Conroy, Vice President 

        and Chief Financial Officer

	 	 	 MTS PACKAGING SYSTEMS, INC.
	 	 	 
	 	 	By:	___________________________________
	 	 	Name/Title:	Michael P. Conroy, Vice President

	 	 	 LASALLE BUSINESS CREDIT,
        LLC,  successor by merger to LaSalle Business Credit,  Inc.,
        as Agent for LaSalle Bank Midwest  National  Association,  formerly  known as Standard
        Federal Bank National Association 
	 	 	 
	 	 	By:	___________________________________
	 	 	Name/Title:	Marcey L. Carroll, Vice President

	 	 	 LASALLE BANK MIDWEST NATIONAL
        ASSOCIATON (Formerly known as Standard Federal Bank National Association 
	 	 	 
	 	 	By:	___________________________________
	 	 	Name/Title:	Marcey L. Carroll, Vice President

[SIGNATURES CONTINUED
ON FOLLOWING PAGE] 

4 

[SIGNATURES CONTINUED
FROM PREVIOUS PAGE] 

        Each
of the undersigned, intending to be legally bound hereby, consents and agrees to the
foregoing Sixth Amendment to Loan and Security Agreement dated of even date herewith (the
“Agreement”), and all terms thereof and further agrees that such
Agreement shall in no way affect or impair the undersigned’s obligations under those
certain Continuing Unconditional Guaranties from the undersigned to Lender dated June 26,
2002, July 8, 2003 and February 22, 2006, as applicable (collectively, the
“Guaranties”), or under any other documents executed or delivered
pursuant thereto or in connection therewith and the terms of the Guaranties are hereby
ratified and confirmed, all as of the date hereof. 

	 	 	 MTS MEDICATION TECHNOLOGIES
        LIMITED (formerly known as MTS Packaging Systems International Ltd.) 
	 	 	 
	 	 	By:	___________________________________
	 	 	Name/Title:	Michael P. Conroy, Vice President
       

	 	 	 BAF PRINTERS LIMITED
	 	 	 
	 	 	By:	___________________________________
	 	 	Name/Title:	Michael P. Conroy, Vice President

5 

	STATE OF ________________________ 	: 
	 	SS:
	COUNTY OF ______________________  	: 

        On
this, the ___ day of ___________, 2007, before me, a notary public, the undersigned
member, personally appeared Michael P. Conroy, who acknowledged himself/herself to be the
Vice President of MTS MEDICATION TECHNOLOGIES LIMITED, a company formed under the
laws of England and Wales, and that he/she as such officer of such company, being
authorized to do so executed the foregoing instrument for the purposes therein contained,
by signing the name of the company by himself/herself as such officer. 

        IN
WITNESS WHEREOF, I hereunto set my hand and official seal. 

_________________________

Notary Public                 
             
My Commission Expires:      
     

	STATE OF ________________________ 	: 
	 	SS:
	COUNTY OF ______________________  	: 

        On
this, the ______ day of _____________, 2007, before me, a notary public, the undersigned
officer, personally appeared Michael P. Conroy, who acknowledged himself/herself to be the
Vice President of MTS MEDICATION TECHNOLOGIES, INC., a Delaware corporation, and
that he/she as such officer of such corporation, being authorized to do so executed the
foregoing instrument for the purposes therein contained, by signing the name of the
corporation by himself/herself as such officer. 

        IN
WITNESS WHEREOF, I hereunto set my hand and official seal. 

_________________________

Notary Public                 
             
My Commission Expires:      
     

6 

	STATE OF ________________________ 	: 
	 	SS:
	COUNTY OF ______________________  	: 

        On
this, the ______ day of _____________, 2007, before me, a notary public, the undersigned
officer, personally appeared Michael P. Conroy, who acknowledged himself/herself to be the
Vice President of MTS PACKAGING SYSTEMS, INC., a Florida corporation, and that
he/she as such officer of such corporation, being authorized to do so executed the
foregoing instrument for the purposes therein contained, by signing the name of the
corporation by himself/herself as such officer. 

        IN
WITNESS WHEREOF, I hereunto set my hand and official seal. 

_________________________

Notary Public                 
             
My Commission Expires:      
     

	STATE OF ________________________ 	: 
	 	SS:
	COUNTY OF ______________________  	: 

        On
this, the ___ day of __________,  2007, before me, a notary public, the undersigned
member,  personally appeared Michael P. Conroy,  who acknowledged  himself/herself to be
the Vice President of BAF PRINTERS LIMITED, a company formed under the laws of England
and Wales,  and that he/she as such officer of such  company,  being  authorized  to do
so executed the  foregoing  instrument  for the purposes therein contained, by signing
the name of the company by himself/herself as such officer. 

        IN
WITNESS WHEREOF, I hereunto set my hand and official seal. 

_________________________

Notary Public                 
             
My Commission Expires:

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00128-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00128-of-00352.parquet"}]]