Document:

exhibit4_5.htm

    Exhibit
4.5

    

    FORM
OF RIGHTS CERTIFICATE

    

    
      	 
      	 
      	 
      
	
              Subscription
      Rights Certificate Number:

            	 
      	
                                            

            
	 
      	 
      	 
      
	
              Number
      of Shares of Common Stock Held on

              Record
      Date:

            	 
      	 
      
	 
      	 
      	 
      
	
              Number
      of Rights Represented by this Subscription

              Rights
      Certificate:

            	 
      	 
      
	 
      	 
      	 
      
	
              Maximum
      Number of Shares of Common Stock

              You
      May Subscribe For Pursuant to the

              Basic
      Subscription Right:

            	 
      	 
      
	 
      	 
      	 
      
	
              Maximum
      Number of Shares of Common Stock

              You
      May Subscribe For Pursuant to the

              Over-Subscription
      Privilege (subject to availability):

            	 
      	 
      

    

     

    HOTEL OUTSOURCE MANAGEMENT
INTERNATIONAL, INC.

    

    SUBSCRIPTION
RIGHTS CERTIFICATE TO SUBSCRIBE FOR SHARES OF COMMON STOCK FOR HOLDERS OF RECORD
OF COMMON STOCK ON [____, 2009]

     

    EXERCISABLE
ON OR BEFORE 5:00 P.M., NEW
YORK CITY TIME, ON [ ____, 2009],

    UNLESS THE
COMPANY EXTENDS THE RIGHTS OFFERING PERIOD (THE “EXPIRATION
DATE”)

     

    Hotel Outsource Management
International, Inc. (the “Company”) is conducting a rights
offering whereby the Company is distributing non-transferable rights
(the “Subscription
Rights”) to the
holders (the “Recordholders”) of the Company’s common stock, par value
$0.001 per share (the “Common Stock”), as of 5:00 p.m., New
York City time, on  [  ], 2009 (the “Record Date”). Each Recordholder will receive one
Subscription Right for each whole share of Common Stock at 5:00 p.m., New
York City time, on the Record Date. Each Subscription Right entitles the holder
of the Subscription Right to subscribe for and purchase 0.2280 shares of
Common Stock (the “Basic Subscription
Right”) at a
subscription price of $0.04 per share (the “Subscription
Price”). Each
holder of Subscription Rights who exercises the Basic Subscription Right in full
will be eligible to an over-subscription privilege (the “Over-Subscription
Privilege”) to
subscribe for a portion of any shares of Common Stock that are not purchased by
the Recordholders through the exercise of their Basic Subscription Rights (the
“Unsubscribed
Shares”),
subject to availability and the limitations described in the
Prospectus, dated  [  ], 2009 (the “Prospectus”).

    

    Set forth above is the number
of Subscription Rights evidenced by this Rights Certificate. You have been
issued one Subscription Right for each whole share of Common Stock owned at
5:00 p.m.,
New York City time, on the Record Date. To subscribe for shares of Common Stock
pursuant to your Subscriptions Rights, please complete all applicable
information on the reverse side of this Rights Certificate.

     

    THIS RIGHTS CERTIFICATE AND
THE SUBSCRIPTION
RIGHTS HEREUNDER ARE

    NON-TRANSFERABLE,
EXCEPT AS DISCLOSED IN THE PROSPECTUS.

     

     

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    HOTEL OUTSOURCE MANAGEMENT
INTERNATIONAL, INC.

    SUBSCRIPTION
RIGHTS CERTIFICATE

    
      	 
      	 
      
	
              A.  

            	
              Basic
      Subscription Right. Number of shares of Common Stock subscribed for
      through the Basic Subscription Right (not to exceed  0.2280
      shares of Common Stock per each Subscription Right
  held):

            

    

    _____shares of Common
Stock.

    
      	 
      	 
      
	
              B.  

            	
              Over-Subscription
      Privilege. Number of shares of Common Stock subscribed for through the
      Over Subscription Privilege (limited to five times the number of shares
      subscribed for under the Basic Subscription Right, which must be fully
      exercised):

            

    

    _____shares of Common
Stock.

    
      	 
      	 
      
	
              C.  

            	
              Total
      Subscription Price (sum lines A and B multiplied by
      $[          ]):
      $__________________

            

    

     

    For a more complete
description of the terms and conditions of the Rights Offering, please refer to
the Prospectus,

    which is incorporated herein
by reference.

     

    For information or to request
copies of materials related to the Rights Offering,
contact Andrea
I. Weinstein at: 212-344-1600

     

    SUBSCRIPTION
TO PURCHASE COMMON STOCK OF HOTEL OUTSOURCE MANAGEMENT INTERNATIONAL
INC.

    RETURN
TO:

    STANDARD
REGISTRAR & TRANSFER CO. INC.

    12528
SOUTH 1840 EAST

    DRAPER,
UTAH 84020

    

    THIS RIGHTS
OFFERING EXPIRES AT 5:00 P.M., NEW YORK CITY TIME,
ON  [  ], 2009, UNLESS EXTENDED, AND THIS SUBSCRIPTION
CERTIFICATE IS VOID THEREAFTER.

     

    I hereby
irrevocably subscribe for the number of shares of common stock indicated on the
Rights Certificate(s) upon
the terms and conditions specified in the Prospectus relating thereto. Receipt
of the Prospectus is hereby acknowledged.

    Signature:  This form must
be signed by the
registered holder(s) exactly as their name(s) appears on this Rights
Certificate(s)
or by person(s) authorized to sign on behalf of the registered holder(s) by
documents transmitted herewith.

    

    
      	
              X

            	 
      	 
      
	
              Signature

            	
              Date

            	
              Daytime
      Telephone #

            
	 
      	 
      	 
      
	
              X

            	 
      	 
      
	
              Signature

            	
              Date

            	
              Daytime
      Telephone #

            

    

    

    If you are signing in your
capacity as a trustee, executor, administrator,
guardian, attorney-in-fact, agent, officer of a corporation, or another
capacity, or another acting in a fiduciary or representative capacity or
representative capacity, please provide the following
information:

     

    Name:__________________________

     

    Capacity: ________________________

     

    IMPORTANT:  Signatures
guaranteed by (i) a commercial bank or trust company; (ii) a member
firm of a domestic stock exchange; or (iii) a savings bank or credit union,
is required if this Rights Certificate is not registered in your
name or you are not an eligible institution:

     

    Signature: ________________________                                                                                                Guarantee
By: _____________________

    
      
         

      

      
        2Exhibit 10.71

Exhibit 10.71

Amendment to the Employment Agreement

Between NationsHealth, Inc. and Glenn M. Parker, M.D.

THIS AMENDMENT is dated as of December 23, 2008, between NationsHealth, Inc., a Delaware
corporation (the “Company”), and Glenn M. Parker, M.D. (the “Executive”).

WHEREAS, the Company and the Executive are parties to an employment agreement dated March 9,
2004 (the “Employment Agreement”);

WHEREAS, the Internal Revenue Service has issued final regulations under Section 409A of the
Internal Revenue Code of 1986, as amended (the “Code”); and

WHEREAS, the Executive and the Company have agreed to amend the Employment Agreement as set
forth below in order to comply with the Section 409A final regulations.

NOW, THEREFORE, the Company and the Executive amend the Employment Agreement, effective as of
January 1, 2009 as follows:

	1.	 	The following sentence is added after the first sentence of Section 3(b):

“Any bonus shall be paid by the Company in the calendar year immediately following
the completion of the performance period as soon as practicable following the
completion of the audit of the Company’s financial statements, but in no event later
than December 31st of such year.”

	2.	 	The following sentence is added after the second sentence of Section 3(c):

“Any incentive compensation payment shall be paid by the Company in the calendar
year immediately following the completion of the performance period as soon as
practicable following the completion of the audit of the Company’s financial
statements, but in no event later than December 31st of such year.”

	3.	 	The word “elect” replaces the phrase “are eligible to receive” in Section 4(b).

	4.	 	The following is added after the last sentence in Section 4(b):

“The Company and the Executive intend that the first 18 months of coverage shall be
exempt from the application of Section 409A of the Internal Revenue Code of 1986, as
amended (the “Code”). Any medical coverage required after such 18 month period shall
be provided under an insurance policy in a manner that is non-taxable under the Code.
The Company may choose to provide this coverage under its group policy covering active
employees. If the Company is unable to provide such coverage under its group policy,
it shall use commercially reasonable efforts to secure an individual policy to provide
for coverage on the same basis as under the Company’s group medical plan as in effect
on the Executive’s separation from service.”

 

 

 

	5.	 	The following is added at the end of Section 4(d):

	 	 	“within 90 days after Executive incurs such expenses. Reimbursement will be made within 90
days of the receipt by the Company of the appropriate documentation.”

	6.	 	The phrase “an amount” is replaced with the phrase “, but in no event later than March 15th
of the year following the year in which employment terminates, a lump-sum amount” in Section
5(b)(i).

	7.	 	The following sentence is added at the end of Section 5(b)(i):

“It is intended that any payments under this Section 5(b)(i) qualify as a
short-term deferral under Treasury Regulation Section 1.409A-1(b)(4).”

	8.	 	The word “elects” replaces the phrase “is eligible to receive” in Section 5(b)(ii).

	9.	 	The following sentence is added at the end of Section 5(b)(ii):

“The Company and the Executive intend that the first 18 months of coverage shall be
exempt from the application of Section 409A of the Code. Any medical coverage required
after such 18 month period shall be provided under an insurance policy in a manner that
is non-taxable under the Code. The Company may choose to provide this coverage under
its group policy covering active employee. If the Company is unable to provide such
coverage under its group policy, it shall use commercially reasonable efforts to secure
an individual policy to provide for coverage on the same basis as under the Company’s
group medical plan as in effect on the Executive’s separation from service.”

	10.	 	The following new Section 13 is added to the Employment Agreement:

“COMPLIANCE WITH CODE SECTION 409A. This Agreement is intended to comply with the
applicable requirements of Code Section 409A and its corresponding regulations and related
guidance, and shall be administered in accordance with Section 409A to the extent Section
409A applies. Notwithstanding anything in this Agreement to the contrary, to the extent
that Code Section 409A applies to payments under any section of this Agreement, such
payments may only be made in a manner permitted by Section 409A.”

	11.	 	Except as expressly modified by the terms of this Amendment, the provisions of the Employment
Agreement shall continue in full force and effect.

	12.	 	This Amendment may be executed in several counterparts, each of which shall be deemed an
original and which together shall constitute but one and the same instrument.

	13.	 	This Amendment shall be governed by, and construed in accordance with, the laws of the State
of Florida without regard to its conflicts of law principles.

 

 

 

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

	 	 	 	 	 	 	 
	 	 	      NationsHealth, Inc.	 	 
	 
	 	 	 	 	 	 
	 

	 	By: 	 	/s/ Tim Fairbanks	 	 
	 

	 	 	 
	 

	 	 
	 

	 	             Its: 	COO	 	 
	 

	 	 	 	 

	 	 
	 	 	      Executive	 	 
	 
	 	 	 	 	 	 
	 

	 	By: 	 	/s/ Glenn Parker

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