Document:

Exhibit 10.1

    OWEN
      CONSULTING

    CONSULTANCY
      AGREEMENT

    

    This
      Consultancy Agreement (the "Agreement") is entered into by and between
      Owen Consulting, LLC, a California Corporation (the "Consultant"), and
Futomic
      Industries, Inc., a
      New
      Jersey Corporation (the "Company").

     

    1.
      CONSULTING
      RELATIONSHIP.
      During
      the term of this Agreement, Consultant will
      provide
      the
      Company
      consulting services (the "Services") as specified
      by the Board of Directors or the chief executive officer
      of the Company from
      time
      to time. Consultant shall use Consultant's best efforts to perform the
      Services
      such that the results are satisfactory to the Company. Consultant shall devote
      approximately 75% of Consultant's time to performance of the
      Services.

    

    2.
      FEES.
      As
      consideration for the Services to be provided by Consultant and other
      obligations, the Company shall pay to Consultant $25.00 per hour per hour
worked
      during the term of this Agreement in accordance with the Company's normal
      payment practices for consultants. As additional consideration for the
Services,
      the Company will provide Consultant with such support facilities and
space
      as
      may be required
      in the Company's judgment to
      enable
      Consultant to properly perform the Services.

    

    3.
      EXPENSES.
      Consultant shall not be authorized to incur on behalf of the Company any
      expenses without the prior written consent of the Company's chief executive
      officer or chief financial officer. As a condition to receipt of reimbursement,
      Consultant shall be required to submit to the Company reasonable evidence that
      the amount involved was expended and related to Services provided under this
      Agreement.

    

    4.
      TERM AND TERMINATION.
      Consultant shall serve as a consultant to the
      Company for a period commencing on October 1, 2006 and terminating on September
      30, 2007.

    

    Should
      either party default in the performance of this Agreement or materially breach
      any of its obligations under this Agreement, including but not limited to
      Consultant's obligations under the Confidential Information Agreement between
      the
      Company
      and Consultant referenced below in Section 8, the non-breaching party may
      terminate this Agreement immediately
      if the breaching party
      fails to cure the breach within five (5) business days after
      having
      received written notice by the non-breaching party of the breach or
      default.

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    Notwithstanding
      the above, either party may terminate this Agreement at any time upon thirty
      (30) days' written notice. In the event of such termination, Consultant shall
      be
      paid for any portion of the Services that have been performed prior to the
      termination.

    

    5.
      METHOD
      OF PROVISION OF SERVICES:

    

    (a)
      Consultant shall be solely responsible for determining the method, details
      and
      means
      of
performing
      the
      Services. Consultant
      may, at Consultant's own expense, employ or engage the service of such employees
      or subcontractors as
      Consultant deems necessary to perform the Services required by this
      Agreement (the
      "Assistants"). Such Assistants are not the employees of the Company and
      Consultant shall be wholly responsible for
      the
      professional performance of the Services
      by his Assistants such that the results
      are satisfactory to the Company. Consultant
      shall expressly advise the Assistants of the terms of this Agreement, and shall
      require each Assistant to execute a Confidential Information Agreement
substantially
      in the form attached to this Agreement as Exhibit A (the "Confidentiality
      Agreement").

    

    (b)
      NO
      AUTHORITY TO BIND COMPANY.
      Neither
      Consultant, nor any
      partner, agent or employee of Consultant, has authority to enter into contracts
      that bind the Company or create obligations on the part of the Company without
      the prior written authorization of the Company.

    

    (c)
      WITHHOLDING;
      INDEMNIFICATION.
      Consultant shall have full responsibility for applicable withholding taxes
      for
      all compensation paid to Consultant, its partners, agents or its employees
      under
      this Agreement,
      and for compliance
      with all applicable labor and employment requirements with respect to
      Consultant's self-employment, sole proprietorship or other form of business
      organization, and Consultant's partners, agents and employees, including state
      worker's compensation insurance coverage requirements and any US immigration
      visa requirements (provided that the Company shall avail all reasonable
      assistance to
      the
      Consultant if so requested). Consultant agrees to indemnify, defend and
      hold
      the
      Company harmless from any liability for, or assessment of, any claims or
      penalties with respect to such withholding taxes, labor or employment
      requirements, including any liability for, or assessment of, withholding taxes
      imposed on the Company by the relevant taxing authorities with respect to any
      compensation paid to Consultant or Consultant's partners, agents or its
      employees.

    

    6. SUPERVISION
      OF CONSULTANT'S SERVICES.
      All of
      the Services
      to be
      performed by Consultant, including but not limited to the Services, will be
      as
      agreed between Consultant and the Company's chief executive
      officer.
      Consultant will be required to report to the Company's chief executive officer
      concerning the

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    Services
      performed under this Agreement. The nature and frequency of these
      reports
      will be left to
      the
      discretion of the Company's chief executive officer.

    

    7.
      CONSULTING
      OR OTHER SERVICES FOR COMPETITORS. Consultant
      represents and warrants that Consultant does not presently perform
      or intend
      to
      perform, during the term of the Agreement, consulting or other
      services
      for, or
      engage in or intend to engage in an employment relationship with, any businesses
      or proposed businesses in any way which would be competitive with the
      Company's products or services, or those products or services proposed or
      in development
      by the Company during the term of the Agreement (except for those
      companies, if any, listed on Exhibit B attached hereto). If, however, Consultant
      decides to do so, Consultant agrees that, in advance of accepting such work,
      Consultant will promptly notify the Company in writing, specifying the
      organization with which Consultant proposes to consult, provide services, or
      become
      employed by and to provide information sufficient to allow the Company to
      determine if such work would conflict
      with the terms
      of
      this
      Agreement, including the terms of the Confidentiality Agreement, the interests
      of the Company
      or further services which the Company might request of Consultant. If
the
      Company determines that such work conflicts with the terms of this Agreement,
      the Company reserves the right to terminate this Agreement
      immediately.

    

    8.
      CONFIDENTIALITY
      AGREEMENT.
      Consultant shall sign, or has signed,
      a
      Confidential Information Agreement substantially in the form attached
      to
      this
      Agreement as Exhibit A (the "Confidentiality Agreement''), on or before October
      1, 2006. In the event that Consultant is an entity or otherwise will be causing
      individuals in its employ or under its supervision to participate in the
      rendering of the Services, Consultant warrants that it shall
      cause
      each of such individuals
      to execute a Confidentiality Agreement in the form attached as Exhibit
      A.

    

    9.
      CONFLICTS
      WITH THIS AGREEMENT.
      Consultant represents and warrants that neither Consultant nor any of
      Consultant's partners, employees or agents is under any pre-existing obligation
      in conflict or in any way inconsistent with the provisions of this Agreement.
      Consultant represents and warrants that Consultant's performance of all the
      terms of this Agreement will not breach any agreement
      to keep in
      confidence
      proprietary information acquired by Consultant in
      confidence or in trust prior to commencement of this Agreement. Consultant
      warrants
      that Consultant has the right to disclose and/or or use all ideas,
      processes,
      techniques and other information, if any, which Consultant has gained from
      third
      parties, and which Consultant discloses to the Company or uses in the course
      of
      performance of this Agreement, without liability to such third parties.
Notwithstanding
      the foregoing, Consultant agrees that Consultant
      shall not bundle

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    with
      or
      incorporate into any deliveries provided to the Company herewith any third
      party
      products, ideas, processes, or other techniques, without the express,
written
      prior approval of the Company. Consultant represents and warrants
      that
      Consultant has not
      granted and
      will
      not grant any rights or
      licenses to any intellectual property or technology that would conflict
with
      Consultant's obligations
      under this Agreement. Consultant will not knowingly infringe upon any
      copyright, patent,
      trade
      secret or other property right of any former client, employer
      or third
      party in
      the
      performance of the Services required
      by
      this
Agreement.

    

    9.
      MISCELLANEOUS.

    

    (a)
      AMENDMENTS
      AND WAIVERS.
      Any
      term of this Agreement
      may
      be
      amended or waived only
      with
the
      written consent of the parties.

    

    (b)
      SOLE
      AGREEMENT.
      This
      Agreement, including the Exhibits hereto, constitutes the sole agreement of
      the
      parties and supersedes all oral negotiations and prior writings with respect
      to
      the subject matter hereof.

    

    (c)
      NOTICES.
      Any
      notice required or permitted by this Agreement shall be in writing and shall
      be
      deemed sufficient upon receipt,
      when
      delivered personally or by courier, overnight delivery service or confirmed
      facsimile, 48 hours after being deposited in the regular mail as certified
      or
      registered mail (airmail if sent internationally) with postage prepaid, if
      such
      notice is addressed to the party to be notified at such party's address or
      facsimile number as set forth below, or as subsequently modified by written
      notice.

    

    (d)
      CHOICE
      OF LAW.
      The
      validity, interpretation, construction and performance
      of this Agreement shall be governed by the laws of the State of California,
      without giving effect to the principles of conflict of laws.

    

    (e)
      SEVERABILITY.
      If one
      or more provisions of this Agreement are held to be unenforceable under
      applicable law, the parties agree to renegotiate such provision in good faith.
      In the event that the parties cannot reach a mutually agreeable and enforceable
      replacement for such provision, then (i) such provision shall
      be
      excluded from this Agreement, (ii) the balance of the Agreement shall be
      interpreted as if such provision were so excluded and (iii) the balance of
      the
      Agreement shall be enforceable in accordance with its terms.

    

    (f)
      COUNTERPARTS.
      This
      Agreement may be executed in counterparts, each
      of
      which
      shall be deemed an original, but all of which together will constitute one
      and
      the same instrument.

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    (g)
      ARBITRATION.
      Any
      dispute or claim arising out of or in connection with any provision of this
      Agreement will be finally settled by binding arbitration in Orange County,
      California, in accordance with the rules of the American Arbitration Association
      by one arbitrator appointed in accordance with said rules. The arbitrator shall
      apply California law, without reference to rules of conflicts of law or rules
      of
      statutory arbitration, to the resolution of any dispute. Judgment on the award
      rendered by the arbitrator may be entered in any court having jurisdiction
      thereof. Notwithstanding the foregoing, the parties may apply to any court
      of
      competent jurisdiction for preliminary or interim equitable relief, or to compel
      arbitration in accordance with this paragraph, without breach of this
      arbitration provision. This Section 10(g) shall not apply to the Confidentiality
      Agreement.

    

    (h)
      ADVICE
      OF COUNSEL. EACH PARTY ACKNOWLEDGES THAT,
      IN EXECUTING THIS AGREEMENT, SUCH PARTY HAS HAD THE
      OPPORTUNITY TO SEEK THE ADVICE OF INDEPENDENT LEGAL
      COUNSEL,
      AND HAS READ AND UNDERSTOOD ALL OF THE TERMS
      AND PROVISIONS OF THIS AGREEMENT. THIS AGREEMENT SHALL
      NOT BE CONSTRUED AGAINST ANY PARTY BY REASON OF THE
      DRAFTING OR PREPARATION HEREOF.

    

    (i)
      SOLICITATION
      OF EMPLOYEES.
      Consultant agrees that for a period of twelve (12) months immediately following
      the termination of the consultant relationship with the Company for any reason,
      whether with or without cause, Consultant shall not either directly or
      indirectly solicit, induce, recruit or
      encourage
      any of the Company's employees to leave their employment, or take away such
      employees, or attempt to solicit, induce, recruit, encourage or take away
      employees of the Company, either for Consultant or for any other person or
      entity.

    

    The
      parties have executed this Agreement on the respective dates set forth
      below.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

     

    

    

    
      	
              OWEN
                CONSULTING

            	 
	 	 
	/s/ Kelly Owen	 
	
              By:
                Kelly Owen

              Title:
                President 

              Date:
                10/1/06

            	 
	 	 
	
              FUTOMIC
                INDUSTRIES, INC.

            	 
	/s/ Kelly Owen	 
	
              By:
                Kelly Owen

              Title:
                President

              Date:
                10/1/06

            	 

    

     

    

    

    

    

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    EXHIBIT
      A

    

    CONFIDENTIAL
      INFORMATION AGREEMENT

    (WITH
      EXHIBITS THERETO)

    

    
      
        	
                System
                  

                Team

              	 	 
	 	 	Linux/Windows 
	 	 	Booting Process 
	 	 	Grub Boot Loader 
	 	 	Lilo Boot Loader
	 	 	Initial Loading Page Design
	 	 	Clean the Disk
	 	 	Network Configuration
                
	 	 	Authentication
	 	 	
                Reboot

              
	 	 	MyConnection
	 	 	Exit Processing
	 	 	Network Configuration in Puppy
	 	 	Device Driver
	 	 	Identifying Device in PC
	 	 	
                Comparison

              
	 	 	Server Comparison 
	 	 	Download
                & Installing
	 	 	Getting drivers for unsupported Device
	 	 	EK Booting Screen 
	 	 	
                VPN

              
	 	 	VPN Switching
	 	 	
                DNS
                  Configuration

              
	 	 	VPN Dynamic IP Configuration
	 	 	RPM Installation Redhat, DEBIAN and
                Fedora
	 	 	Open VPN Installation in Windows
	 	 	
                RPM
                  Installation in Puppy

              
	
                Team

                Embedded

              	 	 
	 	 	Mass Storage Implementation
	 	 	Bio Metric Sensor Implementation
	 	 	
                RFID
                  Implementation (Module Completed)

              
	 	 	Schematic Diagram
	 	 	LCD
                Implementation

      

    

     

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

     

     

    
      	
              Web 

              Application 

              Team

            	 	Component
              Prerequirements
	 	
              Groups

            	 Create and Join Group
	 	 	
              Messages

               

               

            
	 	 	Files and Photos
	 	 	
              Members

            
	 	 	
              Management
                for Owner/Moderator

            
	 	
              Government

              Medical

            	
              Designing

              Designing

            
	 	 	Content Management System
	 	
              Groups

              Admin

            	Group
              Categories
	 	 	
              Group
                List and Search

               

              
              

               

               

               

            
	 	 	 Group Member list and Search
              
	 	 	
              Moderators
                List and Search 

              owners
                List and Search

            
	 	 	Pending messages and Photos 
	 	 	Mail management
	 	 	Medical Admin
	 	 	
              Government
                Admin

            
	 	Registration	Registration, Login, Forgot Password

              Home

            
	 	 	
              Email Settings, Password, Phone settings, Address
                

              wallet

            
	 	MySettings	settings
	 	 	Parental Control URL Blocking, Address
&
              email domain
              verification
	 	Finance	Market News and Currency
              Converter
	 	 	Merchant Registration,
              Bill Pay, Payment History, Transaction
	 	Merchant	History
	 	 	
              Integration of Merchant site with Payment Processing
                

              Company

            
	 	 	Non EK Merchant
	 	Admin	
              Ekuser, General, Merchant List, Transaction History
                

              Merchant invoice, creditmemo, Payment History
                Affiliate 

              Checking

            
	 	MyWallet	Addcard, Edit card
              and
              delete card
	 	 	Bill Pay (Single payment, Recurring
              payment)
              
	 	 	Transaction
	 	 	
              Rewards

            
	 	 	Password Manager For Mozilla
	 	 	Password Manager For
              Windows

    

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

     

    
      	 	 	
              Recover
                Profile

            
	News 	 	News 
	My Profile 	 	My Profile 
	Admin	 	Alert 
	 	 	Vendors
	 	 	
              Rewards
                

            
	 	 	
              Transaction

            
	 	 	Cards
	 	 	Password
              Manager
	Chat  	 	Private Chat
	 	 	
              Public
                Chat

            
	Chat-Tool 	 	Client side Port enable
	 	 	Client wizard creation in Linux
	 	 	Send file in windows
	 	 	Send file in Linux
	 	 	Voice Chat .jdk1.4
	 	 	Voice Chat jdk 1.5
	 	 	Private Chat
	 	 	Public Chat
	Admin	 	Chat Category
	 	 	Chat room
	 	 	
              Members

            
	 	 	Private Chat
	
              My

              Connections

            	 	EK Remote Server for
              Windows
	 	 	 EK Remote Client for Windows
              
	 	 	 EK Remote Server for Linux

	 	 	 EK Remote Client for Linux

	 	 	 Connection Management pages
              
	
            	 	
              Admin.
                Section

            
	Email	 	EK Mail User Module
	 	 	
              EK
                Remote Mail client
                for windows(outlook
                Express)

            
	 	 	
              EK
                Remote Mail client for Linux(Thunderbird)

            
	 	 	EK Mail Admin Module
	My Files EK	 	File Manager
	 	 	EK Files Admin. Module 
	 	 	Remote Machine File manager 
	 	 	USB File Manager
	Architecture	 	DAO Implementation 
	 	 	EJP
              Analysis

    

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	Design
              Team 	 	Prototype 
	 	 	Admin Module Layout
	 	 	Admin Module Buttons Creation
	 	 	New Layout Changes
	 	 	User Module Buttons and Images
              Creation
	 	 	Design Team Testing
	
              System 

              Testing

            	
              Test
                Plan 

            	Booting
              Process in Xp 
	 	
               

            	Booting Process in. Linux 
	 	 	VPN
	 	
              Test
                Plan 

            	Booting Process in Xp 
	 	 	Booting Process
              in Linux 
	 	 	Bug Report
	 	 	VPN
	
              Requirement 

              Team

            	 	
              Software
                Requirement Specification

            
	 	 	
              System

            
	 	 	Web Application
	 	 	Requirement Traceability Matrix
	 	 	System
	 	 	Web Application
	 	 	SRS updation as per Requirement
              Changes
	 	 	
              System

            
	 	 	Web Application
	 	 	RTM Updation as per Requirement
              Changes
	 	 	System
	 	 	Web Application
	 	 	User Manual Preparation
	 	 	Use case Specification
              Document for Web Application High Level Design Document for
              System
	 	 	
              Help
                Content

            
	 	 	Validation Messages Document
	 	 	Validation Control Document
	 	 	Release Notes (As per Previous
              Release)
	 	 	Web Application
              System
	 	 	Project Plan

    

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

     

    
      	
              Web
                

              Application

              Testing 

            	Test Plan	Common Modules
	 	 	My
              Connections
	 	 	My Wallet
	 	 	Merchant
	 	 	
              Chat

            
	 	 	My Settings
	 	 	
              Emil

            
	 	 	My
              Files
	 	 	
              Test
                Cases for all Modules

            
	 	 	Test Scenarios for all
              Modules
              
	 	 	
              Bug
                Report

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    EXHIBIT
      B

    LIST
      OF COMPANIES

    EXCLUDED
      UNDER SECTION 7

    

    

    

    

    

    

    

    

    

    

    

    ___No
      conflicts

    

    ___Additional
      Sheets Attached 

    

    Signature
      of Consultant: /s/
      Kelly Owen

    

    Print
      Name of Consultant: Kelly Owen

    

    Date:EX-10.1

Exhibit 10.1

SECOND AMENDMENT TO AMENDED AND RESTATED PROGRAM AGREEMENT

THIS SECOND AMENDMENT TO AMENDED AND RESTATED PROGRAM AGREEMENT (this “Amendment”) dated as of
June 25, 2007, by and among GENERAL ELECTRIC CAPITAL CORPORATION (“GE”), GE CAPITAL INFORMATION
TECHNOLOGY SOLUTIONS, INC. (“GECITS”), and IKON OFFICE SOLUTIONS, INC. (“IKON”).

BACKGROUND

A. GE, GECITS and IKON have executed and delivered that certain Amended and Restated Program
Agreement dated as of April 1, 2006 (as amended by that certain First Amendment to Amended and
Restated Program Agreement, dated October 11, 2006, by and between the parties hereto, the “Program
Agreement”).

B. GE, GECITS and IKON desire to amend the terms and conditions of the Program Agreement, upon and
subject to the terms and conditions of this Amendment.

C. All capitalized terms not otherwise defined herein will have the meanings set forth in the
Program Agreement.

NOW, THEREFORE, in consideration of the above premises and the representations, warranties,
covenants and agreements contained herein, and for other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the parties, intending to be legally
bound, hereby agree as follows:

1. Amendments.

(a) Term. Section 11.1 of the Program Agreement is hereby amended and
restated in its entirety to read as follows:

“Term of Agreement. The Program shall have an initial term commencing on
the Original Effective Date and ending on September 30, 2014, which term shall
automatically renew at the end of such initial term for successive one (1) year renewal
terms unless either IKON or GE provides the other with at least one (1) year’s prior
written notice of its intent to terminate the Program at the end of the initial term or
any such renewal term (the initial term, as it may be extended as provided above and/or
terminated pursuant to Section 11.2, the “Term”).” GE’s right to
terminate the Program pursuant to this Section 11.1 shall be subject to the
terms of Section 11.4 hereof.”

(b) Base Origination Fee. (i) The definition “Base Origination Fee” set forth on
Annex A of the Program Agreement is hereby amended and restated in its entirety to read
as set forth below:

“Base Origination Fee” with respect to any Originated Financing Contract,
IKON Originated Financing Contract, SLG Financing Contract, Program FM Stream Financing
or Program EM Stream Financing means an amount equal to the product of (a) the sum of
(x) the Purchase Price of the Equipment (other than Non-Core Equipment) subject or
related to such Originated Financing Contract, IKON Originated Financing Contract, SLG
Financing Contract, Program FM Stream Financing or Program EM Stream Financing
plus (y) the purchase price required to be paid by GECITS to any third party
supplier thereof in connection with the purchase of any Non-Core Equipment subject or
related to such Originated Financing Contract, IKON Originated Financing Contract, SLG
Financing Contract, Program FM Stream Financing or Program EM Stream Financing,
multiplied by (b) the percentage set forth in the column “Applicable
Percentage” below opposite the relevant date of determination:

	 	 	 	 	 
	DATE OF DETERMINATION

	 	APPLICABLE PERCENTAGE

	 

	 	 	 	 
	Original Effective Date – September 30, 2007

	 	 	3	%
	 

	 	 	 	 
	October 1, 2007 – September 30, 2008

	 	7.68% minus any

applicable OFR at

such date

	 

	 	 	 	 
	October 1, 2008 – September 30, 2009

	 	7.46% minus any

applicable OFR at

such date

	 

	 	 	 	 
	October 1, 2009 – September 30, 2010

	 	7.0% minus any

applicable OFR at

such date

	 

	 	 	 	 
	October 1, 2010 – September 30, 2011

	 	6.7% minus any

applicable OFR at

such date

	 

	 	 	 	 
	October 1, 2011 through the remainder of the

Term

	 	6.3% minus any

applicable OFR at

such date

	 

	 	 	 	 

; provided, however, that if the aggregate Funded Volume for the BOF
Measurement Period with respect to any date of determination equals or exceeds $1.45
Billion, then the Base Origination Fee on such date of determination shall be 3.0% minus
any applicable OFR at such date for the remainder of such BOF Measurement Period.

(ii) Definitions. The following definitions are hereby added into Annex A
of the Program Agreement, in alphabetical order, to read in their entirety as follows:

“ “Actual Portfolio Delinquency” shall have the meaning set forth in
Schedule 3 hereto.”

“ “BOF Measurement Period” shall mean, with respect to any date of
determination, the period commencing on the immediately preceding October 1st (or, if
such date of determination is October 1st, on such date of determination) and ending on
the immediately following September 30th (or, if such date of determination is September
30th, on such date of determination).

“ “OFR” shall have the meaning set forth in Schedule 3 hereto.”

“ “OFR Cap” shall have the meaning set forth in Schedule 3 hereto.”

“ “Target Portfolio Delinquency” shall have the meaning set forth in
Schedule 3 hereto.”

(iii) Covenants. A new Section 6.7 to the Program Agreement shall
be added immediately after Section 6.6 thereof, to read in its entirety as
follows:

“6.7 Other Agreements. The provisions of Section 1 of Schedule
4 are hereby incorporated by reference in their entirety.

(c) Volume Origination Fee. (i) The definition “Volume Origination Fee” set forth
on Annex A of the Program Agreement is hereby amended and restated in its entirety to
read as follows:

“ “Volume Origination Fee” means (i) with respect to any Funded Volume for
any period prior to October 1, 2007, an amount equal to the product of (x) 5.144%
multiplied by (y) such Funded Volume and (ii) with respect to any Funded
Volume for any period on or after October 1, 2007, $0.”

(ii) Section 10.1(b) of the Program Agreement is hereby amended and restated in its
entirety to read as follows:

“(b) GECITS shall pay to IKON, within ten (10) Business Days after the end of each
calendar month occurring prior to October, 2007 (so long as such calendar month occurs
during the Term), the difference of (i) the Volume Origination Fee for the cumulative
Funded Volume (for the period from the Original Effective Date through the end of such
month) minus (ii) the Volume Origination Fee theretofore paid by GECITS in respect of
all prior months; provided that the cumulative Volume Origination Fee with
respect to Funded Volume through the end of such calendar month shall in no event exceed
the product of (x) $4,222,500 multiplied by (y) the number of months during the Term
that have elapsed through the end of such calendar month.”

(iii) Section 10.1(c) of the Program Agreement is hereby deleted in its
entirety.

(d) Loss Pool. (i) Section 10.6 of the Program Agreement is hereby amended
and restated in its entirety to read as follows:

“10.6. [INTENTIONALLY OMITTED].”

(ii) Section 10.7 of the Program Agreement is hereby amended and restated in its
entirety to read as follows:

“10.7. [INTENTIONALLY OMITTED].”

(iii) Section 2 of Schedule 1 of the Program Agreement is hereby deleted in
its entirety.

(e) Loss Recovery Sharing. (i) Clause (c) of Section 1 of Schedule
1 of the Program Agreement is hereby amended by adding new clauses (iii) and (iv) at the end
thereof to read as follows:

“(iii) Each of the parties hereto hereby acknowledges and agrees that from and after
July 1, 2007, IKON shall no longer accrue any benefits or obligations in respect of any Loss
Recovery Sharing Amounts pursuant to the provisions of clause (c) of Section 1 of
Schedule 1. In furtherance of the foregoing, each party understands and agrees that
solely for purposes of such clause, (A) for the Program Year ending on March 31, 2008, in
determining the “Loss Recovery Sharing Amount” for any Program Year, (x) GE shall be deemed
to have received $0 in Lease Payments pursuant to any Written-Off Financing Contract from
and after July 1, 2007 and (y) GE shall be deemed to have actually received $0 in GE
Defaulted Equipment Proceeds from and after July 1, 2007 and (B) for each Program Year after
the Program Year ending March 31, 2008, the percentages in each of clauses (i) and (ii)
above shall automatically, and without further action, be deleted and substituted with “0%”.

(iv) Each of the parties hereto herby acknowledge and agree that from and after July 1,
2007:

(A) subject to the following clause (B), all amounts received in respect of any
Written-Off Financing Contracts shall be allocated utilizing the Allocation Policy and
applied as follows:

(1) First, an amount equal to the aggregate Lease Payments (which, for
the purposes hereof, shall also include Uplift Payments with respect to any Property
Tax Inclusive Financing Contracts) and Program Stream Financing Payments then due in
respect thereof shall be paid to or retained by GECITS,

(2) Second, (to the extent not otherwise applied pursuant to the
foregoing) an amount equal to the aggregate net present value of all future Lease
Payments and Program Stream Financing Payments not then due thereunder, discounted at
a rate per annum equal to 6%, shall be paid to or retained by GECITS,

(3) Third, (to the extent not otherwise applied pursuant to the
foregoing) an amount equal to the aggregate Base Equipment Service Payments and the
CPC Payments then due in respect thereof shall be paid to IKON,

(4) Fourth, (to the extent not otherwise applied pursuant to the
foregoing) an amount equal to the aggregate Uplift Payments then due in respect
thereof shall be shared by IKON or GECITS in proportion to the property tax
obligations borne by each of them with respect to such Written-Off Financing Contract;
provided that Uplift Payments with respect to any Property Tax Inclusive Financing
Contracts shall be applied in accordance witch clause (1) above,

(5) Fifth, (to the extent not otherwise applied pursuant to the
foregoing) an amount equal to the aggregate Late Charges then due in respect thereof
shall be paid to or retained by GECITS,

(6) Sixth, (to the extent not otherwise applied pursuant to the
foregoing) an amount equal to the Service Profit Element with respect thereto shall be
paid to IKON, and

(7) Seventh, all remaining payments not otherwise applied pursuant to
clauses (1) through (6) above shall be applied in accordance with the Application
Methodology and paid to the party entitled thereto, as determined pursuant to the
provisions of Section 5.3 of the Program Agreement, and

(B) in connection with the settlement or compromise of one or more Program Financing
Contracts for a single customer account, all such Program Financing Contracts shall be
deemed to be a single Program Financing Contract for purposes of applying (x) this clause
(c) of Section 1 of Schedule 1 to the Program Agreement and (y) the
Application Methodology, in each case, in respect of payments received in connection with
such settlement or compromise.”

(ii) A new paragraph is hereby added at the end of clause (c) of Section 1 of Schedule 1 to
the Program Agreement (and immediately before clause (d) thereof) to read in its entirety as
follows:

	 	 	 	“For purposes of application of payments pursuant to this clause (c) (and without
double counting any expenses), all Lease Payments actually received by GE or GECITS in
respect of Written-Off Financing Contracts during any Program Year shall be reduced by
the amount of all third party expenses actually incurred in connection with the
collection of such amounts, and by the aggregate compensation, benefits and other
employment costs incurred by GE or GECITS (or their Affiliates) during such Program
Year in respect of the IFS loss recovery team.”

(iii) The definition “Bundled Financing Contract” set forth on Annex A of the
Program Agreement is hereby amended and restated in its entirety to read as follows:

“ “Bundled Financing Contract” means (i) each Program Financing Contract or
Federal Financing Contract in respect of which, in accordance with the Allocation Policy,
the Minimum Periodic Payment thereunder is allocable, in part, to the lease or rental of the
related Equipment and, in part, to the Equipment Service Obligations of IKON in respect of
such Equipment, (ii) each Program Facilities Management Agreement, (iii) each Program
Equipment Management Agreement, and (iv) solely for purposes of applying the definition of
Written Off Financing Contracts in connection with the provisions of Section 1(c) of
Schedule 1 hereto, each Program Financing Contract for which IKON requests that
GECITS bill and collect both such Program Financing Contract and the related IKON
Maintenance Agreement on a bundled basis with a single invoice (whether as a single payment
or as multiple payments).”

(f) Residual Sharing. (i) Section 1(a) of Schedule 1 of the
Program Agreement is hereby amended to add a new clause (iii) at the end thereof to read in its
entirety as follows:

“(iii) Solely with respect to any quarter during the Term ending after June 30,
2007:

(A) Clause (C) of Section 1(a)(i) of Schedule 1 shall be
deemed to be deleted in its entirety, and shall have no further force or effect.

(B) Clause (C) of Section 1(a)(ii) of Schedule 1 shall be
deemed to be deleted in its entirety, and shall have no further force or effect.

(ii) Clause (B) of Section 1(a)(i) of Schedule 1 of the Program Agreement
shall be amended and restated, effective as of July 1, 2007, to read as follows:

“(B) the positive difference (if any) of (1) an amount (if positive)
equal to the product of (1) 50% times (2) such GE Residual Sharing
Amount minus 10% of the applicable GE Residual Base Amount (the
amount determined pursuant to this clause (B)(1), the “GE Tier 2 Sharing
Amount” for such Program Year) minus (2) the GE Tier 2 Sharing
Amount theretofore paid by GE in respect of such Program Year.”

(iii) Clause (B) of Section 1(a)(ii) of Schedule 1 of the Program Agreement
shall be amended and restated, effective as of July 1, 2007, to read as follows:

“(B) the positive difference (if any) of (1) an amount (if positive)
equal to the product of (1) 50% times (2) such IKON Residual Sharing
Amount minus 10% of the applicable IKON Residual Base Amount (the
amount determined pursuant to this clause (B)(1), the “IKON Tier 2
Sharing Amount” for such Program Year) minus (2) the IKON Tier 2
Sharing Amount theretofore paid by IKON in respect of such Program Year.”

(iv) Solely for purposes of Section 1 of Schedule 1 of the Program
Agreement, the definition of “Written-Off Financing Contract” set forth in Annex A is
hereby amended by (i) deleting the word “and” at the end of clause (c) thereof and substituting
a “,” in its place and (ii) adding a new clause (e) thereof immediately after clause (d) and
before the “.”, to read as follows:

“, and (e) solely for purposes of Section 1 of Schedule 1
hereof, (i) Program Financing Contract in respect of which any payment for
periods occurring during the stated contractual term of such Program
Financing Contract has been written off by GE for any reason prior to the
end of the Term or (ii) Program FM Stream Financing Payment or Program EM
Stream Financing Payment for periods occurring during the stated contractual
term of the related Program Stream Financing Agreement that has been written
off by GE for any reason prior to end of the Term”

(g) Separation Agreement. A new Section 11.4 is hereby added to the
Program Agreement at the end of Article 11 thereof to read in its entirety as follows:

“11.4 Separation Agreement. The parties will diligently negotiate and use
good faith efforts to reach definitive agreement on or before July 31, 2008, with
respect the terms and conditions (“Separation Terms”) upon which the Program
operations may be wound-down in the event that either party provides notice of
non-renewal of the Term, including, without limitation, the applicable purchase price
and terms upon which the Program portfolio, employees, systems and assets may be
purchased and sold. In the event that the parties are unable to reach agreement on the
Separation Terms on or before July 31, 2008, then notwithstanding anything in the
Program Agreement to the contrary, GE’s right to deliver any one year’s notice of
non-renewal of the Term to IKON pursuant to the provisions of Section 11.1
hereof shall be suspended until such time as GE and IKON have entered into a definitive
written agreement on the Separation Terms; provided, however, that
nothing contained herein or otherwise in the Program Agreement shall prohibit GE from
providing to IKON a 24-month notice of non-renewal of the Term at any time on or after
October 1, 2014, regardless of whether the parties have reached agreement on the
Separation Terms.”

(h) Schedule 3. A new Schedule 3, in the form attached hereto as
Schedule 3, is hereby added and incorporated into and made a part of the Program
Agreement as Schedule 3 thereto.

(i) Schedule 4. A new Schedule 4, in the form attached hereto as
Schedule 4, is hereby added and incorporated into and made a part of the Program
Agreement as Schedule 4 thereto.

2. Waiver. Without limiting the amendments and provisions set forth above, each of
the parties hereto hereby agree that (i) any renewal fee previously provided for in Section
11.1 of the Program Agreement with respect to any renewal of the initial term thereof is
expressly waived, and (ii) unless otherwise expressly agreed in writing, no renewal fee shall be
due or payable by GE or GECITS in connection with the renewal of the Program.

3. Representations and Warranties. Each party hereby represents and warrants that the
execution, delivery and performance of this Amendment by it has been duly authorized by all
necessary or proper action on the part of such party and that this Amendment constitutes the legal,
valid and binding obligation of such party, enforceable against it in accordance with its terms,
subject to the effect of any applicable bankruptcy, reorganization, insolvency, moratorium,
fraudulent conveyance or other similar laws relating to or affecting creditors’ rights generally
and subject, as to enforceability, to the effect of general principles of equity (regardless of
whether such enforceability is considered in a proceeding in equity or at law).

4. Governing Law. This Amendment shall be governed by, and construed in accordance
with, the Laws of the State of New York without giving effect to the conflicts of law principles of
such State, other than Sections 5-1401 and 5-1402 of the General Obligations Law of the State of
New York.

5. Effective Date. This Amendment is executed to be effective as of June 25, 2007,
and is incorporated into and made a part of the Program Agreement.

6. Effect of Amendment. All terms and conditions of the Program Agreement not
expressly modified hereby remain in full force and are hereby ratified by the parties. Unless
otherwise specified herein, the Program Agreement shall be deemed to be amended pursuant to the
terms hereof on and as of the date hereof. To the extent of any inconsistency between the terms of
this Amendment and the Program Agreement, the terms and conditions of this Amendment will prevail.

7. Counterparts. This Amendment may be executed in one or more counterparts, all of
which shall be considered one and the same agreement, and shall become effective when one or more
counterparts have been signed by each party hereto and delivered to the other parties hereto.

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

1

IN WITNESS WHEREOF, the duly authorized representatives of the parties have executed this
Amendment on the dates set forth below but effective for all purposes as of the Effective Date.

	 	 	 	 	 	 	 
	GENERAL ELECTRIC CAPITAL
	 	GE CAPITAL INFORMATION	 	 
	CORPORATION	 	 	 	TECHNOLOGY SOLUTIONS, INC.
	By:

	 	/s/ Diane L. Cooper
	 	By:
	 	/s/ Diane L. Cooper
	
 
	 	 
	 	 	 	 
	Title:

	 	Vice President
	 	Title:
	 	Vice President
	
 
	 	 
	 	 	 	 
	Date:

	 	June 26, 2007
	 	Date:
	 	June 26, 2007
	
 
	 	 
	 	 	 	 

IKON OFFICE SOLUTIONS, INC.

	 	 	 
	By:

	 	/s/ Michael J. Keenan
	
 
	 	 
	Title:

	 	Vice President
	
 
	 	 
	Date

	 	June 26, 2007
	
 
	 	 

2

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