Document:

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                                                           Exhibit 10.20(c)(5)

                            KENDLE INTERNATIONAL INC.

                      Non-Qualified Stock Option Agreement

1. KENDLE INTERNATIONAL INC. hereby grants to the Optionee named below a
Non-Qualified option to purchase, in accordance with and subject to the terms
and restrictions of the Company's 1997 Stock Option and Stock Incentive Plan,
which is incorporated herein by reference, the number of shares of Common Stock
of the Company at the price set forth below as follows:

       Optionee:
                                          -------------------------------------

       No. of Shares Covered by Option:
                                          -------------------------------------

       Option Price per Share:
                                          -------------------------------------

       Date of Grant:
                                          -------------------------------------

       Expiration Date:
                                          -------------------------------------

2. This Option is immediately exercisable on or before the expiration date.

3. This Option may be exercised for the number of shares specified by written
notice to the Company, accompanied by full payment, in the manner and subject to
the conditions set forth in the Plan, for the number of shares in respect of
which it is exercised. If any applicable law or regulation requires the Company
to take any action with respect to the shares specified in such notice, or if
any action remains to be taken under the Articles of Incorporation or Code of
Regulations of the Company to effect due issuance of the shares, the Company
shall take such action and the date for delivery of such stock shall be extended
for the period necessary to take such action.

4. As a condition of the Company's obligation to issue shares upon exercise of
this Option, the Optionee or other person to whom the shares are to be issued
shall, concurrently with the delivery of the stock certificates representing the
shares so purchased, give such written assurances to the Company as its counsel
shall require, to the effect that the purchaser is acquiring the shares for
investment and without any present intention of reselling or redistributing the
same in violation of any applicable State or Federal Law. If the Company elects
to register the stock which is the subject of this Option under the Securities
Act of 1933, the issuance of such stock shall not be subject to the restrictions
contained in this Paragraph 4.

5. This Option is not transferable other than by will or by operation of the
laws of descent and distribution or as otherwise provided in the attached 1997
Stock Option and Stock Incentive Plan and is subject to termination as provided
in the Plan.

     The Plan is discretionary in nature and the Company may cancel or terminate
it at any time. The grant of options is a one-time benefit and does not create
any contractual or other right to receive a grant of options or benefits in lieu
of options in the future. Future grants, if any, will be

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at the sole discretion of the Company, including, but not limited to, the timing
of any grant, the number of options, vesting provisions and the exercise price.

         IN WITNESS WHEREOF, the Company has executed this Agreement as of
__________ __, 200__.

                                               KENDLE INTERNATIONAL INC.

                                               By:
                                                   --------------------------
                                                   Karl Brenkert III
                                                   Chief Financial Officer

                                       28<PAGE>

                                                           Exhibit 10.20(e)(4)

                            KENDLE INTERNATIONAL INC.
                        1998 EMPLOYEE STOCK PURCHASE PLAN
                               AMENDMENT NUMBER 4

     This Amendment No. 4 to the Kendle International Inc. 1998 Employee Stock
Purchase Plan (the "Plan"), as adopted by the Board of Directors of Kendle
International Inc. ("Kendle") on March 24, 1998 and by Kendle's shareholders on
May 21, 1998, as amended, is hereby amended further in the following respects:

     1.   Definitions. All capitalized terms herein, unless specifically defined
          in this Amendment No. 4, shall have the meanings given to them in the
          Plan.

     2.   Amendments. The second paragraph of Section 3 is hereby superseded and
          replaced in its entirety by the following new paragraph:

          "This Plan shall remain in effect through the Purchase Period ending
          December 31, 2005 and until such final actions with respect to this
          Purchase Period are completed."

          The third paragraph of Section 3 is hereby superseded and replaced in
          its entirety by the following new paragraph:

          "Commencing July 1, 2005, the "Purchase Period" shall consist of the
          six (6) month period beginning on July 1, 2005 and ending December 31,
          2005."

     3.   Condition. This Amendment No. 4 to the Plan shall become effective
          only upon the approval (by written consent or otherwise) of Kendle's
          Board of Directors or on authorized committee or subcommittee thereof.

     4.   Affirmation. Except as modified above, all other provisions of the
          Plan, as previously amended, shall remain unchanged and in full force
          and effect.

In Witness whereof, this Amendment No. 4 has been executed as of _____________,
2005.

                                                     Kendle International Inc.

                                                     ---------------------------
                                                     Douglas W. Campbell
                                                     Secretary

                                       29EX-10.13

 

Exhibit 10.13

AMENDMENT NO. 1

TO

AMENDED AND RESTATED CREDIT AGREEMENT

          THIS AMENDMENT NO. 1 TO AMENDED AND RESTATED CREDIT AGREEMENT (the “Agreement”) is
being executed and delivered as of March 31, 2005 by and among Century Business Services, Inc., a
Delaware corporation (the “Company”), Trilinc Consulting, Inc. (f/k/a CBIZ Trilinc
Consulting, Inc.), an Ohio corporation (the “Name Change Guarantor”), each of the other
Guarantors named as signatories hereto, the several financial institutions from time to time party
to the Credit Agreement referred to and defined below (collectively, the “Lenders”) and
Bank of America, N.A. (“Bank of America”), as administrative agent for the Lenders (in such
capacity, the “Agent”). Undefined capitalized terms used herein shall have the meanings
ascribed to such terms in such Credit Agreement as defined below.

WITNESSETH:

          WHEREAS, the Company, the Lenders and the Agent have entered into that certain Amended
and Restated Credit Agreement dated as of August 6, 2004 (as may be amended, restated,
supplemented or otherwise modified from time to time, the “Credit Agreement”),
pursuant to which, among other things, the Lenders have agreed to provide, subject to the
terms and conditions contained therein, certain loans and other financial accommodations to or
for the benefit of the Company;

          WHEREAS, in connection with the Credit Agreement, (i) the Guarantors have each executed and
delivered in favor of the Agent and the Lenders a certain Guaranty pursuant to which the Guarantors
have guaranteed the Company’s obligations under the Credit Agreement and (ii) the Company and each
of the Guarantors has executed and delivered a certain Pledge and Security Agreement and other Loan
Documents pursuant to which each such Person has granted liens and security interests in
substantially all of its properties as security for its respective obligations with respect to the
Credit Agreement and the other Loan Documents; and

          WHEREAS, the Company has requested that the Lenders, and subject to the terms and conditions
set forth herein, the Lenders have agreed to, amend the Credit Agreement as hereinafter set forth.

          NOW, THEREFORE, in consideration of the foregoing premises, the terms and conditions stated
herein and other valuable consideration, the receipt and sufficiency of which are hereby
acknowledged by the Company, the Name Change Guarantor, the other Guarantors, the Lenders and the
Agent, such parties hereby agree as follows:

          1.      Amendment. Subject to the satisfaction of each of the conditions set forth
in Paragraph 3 of this Agreement, Section 8.10(c) of the Credit Agreement is hereby
amended and restated in its entirety to read as follows:

"(c) the Company or any of its Subsidiaries may make any repurchase or redemption of
its capital stock, provided that (i) the Company’s Leverage Ratio is

 

 

less than 1.50 to 1.00 calculated on a pro forma basis based upon the Company’s
then most recently delivered financial statements pursuant to Section 7.01
after giving effect to any such repurchase or redemption, (ii) after giving effect
to such repurchase or redemption, the aggregate consideration paid by the Company
and its Subsidiaries in connection with all such repurchases and redemptions does
not exceed $50,000,000 during its 2004 fiscal year or $40,000,000 during any
subsequent fiscal year and (iii) no Default or Event of Default has occurred and is
continuing or would occur after giving effect to such repurchase or redemption,
provided further, that during its 2005 fiscal year, the Company may make any
repurchase or redemption of its capital stock if, after giving effect to such
repurchase or redemption, the aggregate consideration in connection with all such
repurchases and redemptions does not exceed $10,000,000 notwithstanding the
requirements of clause (i) hereto provided that the Company complies with clauses
(ii) and (iii) hereto.”

          2.      Reaffirmation by Name Change Guarantor. For purposes of Section 3.6 of
the Pledge and Security Agreement and related schedules, the name of the Name Change
Guarantor is confirmed hereto as Trilinc Consulting, Inc. Furthermore, the Name Change
Guarantor hereby reaffirms (i) its obligations under the Pledge and Security Agreement, (ii)
its
grant of security interests in and liens on all of its right, title and interest in and to the
Collateral
and (iii) its obligations under the Guaranty.

          3.      Effectiveness of this Agreement; Conditions Precedent. The provisions of
Paragraph 1 of this Agreement shall be deemed to have become effective as of the date
of this
Agreement, but such effectiveness shall be expressly conditioned upon the receipt by the Agent
of an executed counterpart of this Agreement executed and delivered by duly authorized
officers
of the Company, the Name Change Guarantor, each of the other Guarantors and the Majority
Lenders.

          4.      Representations and Warranties.

     (a) The Company hereby represents and warrants that this Agreement and the
Credit Agreement as amended by this Agreement constitute the legal, valid and binding
obligations of the Company enforceable against the Company in accordance with their
terms.

     (b) The Company hereby represents and warrants that its execution, delivery and
performance of this Agreement and the Credit Agreement as amended by this Agreement
have been duly authorized by all proper corporate action, do not violate any provision
of
its certificate of incorporation or bylaws, will not violate any law, regulation, court
order
or writ applicable to it, and will not require the approval or consent of any
Governmental
Authority, or of any other third party under the terms of any contract or agreement to
which the Company or any of the Company’s Subsidiaries is bound.

     (c) The Company hereby represents and warrants that, after giving effect to the
provisions of this Agreement, (i) no Default or Event of Default has occurred and is
continuing or will have occurred and be continuing and (ii) all of the representations
and

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warranties of the Company contained in the Credit Agreement and in each other Loan Document
(other than representations and warranties which, in accordance with their express terms,
are made only as of an earlier specified date) are, and will be, true and correct as of the
date of the Company’s execution and delivery of this Agreement in all material respects as
though made on and as of such date.

     (d) The Company hereby represents and warrants that there has occurred since
December 31, 2003, no event or circumstance that has resulted or could reasonably be
expected to result in a Material Adverse Effect.

     (e) The Company hereby represents and warrants that there are no actions, suits,
investigations, proceedings, claims or disputes pending, or to the best knowledge of
the
Company, threatened or contemplated, at law, in equity, in arbitration or before any
Governmental Authority, against the Company, its Subsidiaries or any of their
respective
properties which purport to affect or pertain to this Agreement, the Credit Agreement
or
any other Loan Document or any of the transactions contemplated hereby or thereby, or
which could reasonably be expected to have a Material Adverse Effect

          5.      Reaffirmation. Ratification and Acknowledgment: Reservation. The
Company, the Name Change Guarantor and each other Guarantor hereby (a) ratifies and
reaffirms all of its payment and performance obligations, contingent or otherwise, and each
grant
of security interests and liens in favor of the Agent, under each Loan Document to which it is
a
party, (b) agrees and acknowledges that such ratification and reaffirmation is not a condition
to
the continued effectiveness of such Loan Documents, and (c) agrees that neither such
ratification
and reaffirmation, nor the Agent’s or any Lender’s solicitation of such ratification and
reaffirmation, constitutes a course of dealing giving rise to any obligation or condition
requiring
a similar or any other ratification or reaffirmation from the Company, the Name Change
Guarantor or such other Guarantor with respect to any subsequent modifications to the Credit
Agreement or the other Loan Documents. The Credit Agreement is in all respects ratified and
confirmed. Each of the Loan Documents shall remain in full force and effect and is hereby
ratified and confirmed. Neither the execution, delivery nor effectiveness of this Agreement
shall
operate as a waiver of any right, power or remedy of the Agent or the Lenders, or of any
Default
or Event of Default (whether or not known to the Agent or the Lenders), under any of the Loan
Documents, all of which rights, powers and remedies, with respect to any such Default or Event
of Default or otherwise, are hereby expressly reserved by the Agent and the Lenders. This
Agreement shall constitute a Loan Document for purposes of the Credit Agreement.

          6.      Governing Law. THIS AGREEMENT SHALL BE GOVERNED BY,
AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF
ILLINOIS; PROVIDED THAT THE PARTIES SHALL RETAIN ALL RIGHTS
ARISING UNDER FEDERAL LAW.

          7.      Agent’s Expenses. The Company hereby agrees to promptly reimburse
the Agent for all of the reasonable out-of-pocket expenses, including, without limitation,
attorneys’ and paralegals’ fees, it has heretofore or hereafter incurred or incurs in
connection
with the preparation, negotiation and execution of this Agreement.

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          8.      Counterparts. This Agreement may be executed in counterparts and all of
which together shall constitute one and the same agreement among the parties.

* * * *

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