Document:

SECURITY AGREEMENT

 

THIS SECURITY AGREEMENT
(herein "Agreement") dated as of 18th of October, 2011 between Focus Fiber Solutions, LLC a Delaware limited
liability company (the "Debtor"), having its chief executive office located at 969 Postal Road, Suite 100, Allentown,
PA 18109 and Franklin Capital Holdings LLC, a Delaware limited liability company (“Secured Party”), having its chief
executive office located at 600 Central Avenue, Suite 396, Highland Park, IL 60035.

 

This Agreement is being
executed by the parties concurrently with the Accounts Receivable Purchase Agreement, and all capitalized terms used herein and
not defined shall have the respective meaning ascribed to such term as set forth in the Accounts Receivable Purchase Agreement.

 

		1.	Defined Terms. As used in this Agreement, the following terms shall have the following
respective meanings:

 

		1.1.	"Accounts Receivable Purchase Agreement" means the accounts receivable purchase
agreement with an effective date of 18th day of October, 2011 between Debtor as seller and Secured Party as purchaser,
as it may be amended or restated from time to time.

 

		1.2.	"Accounts Receivable Purchase Facility" means the accounts receivable purchase
facility extended by Secured Party as purchaser to Debtor as seller under the terms of the Accounts Receivable Purchase Agreement,
as it may be amended or modified from time to time.

 

		1.3.	"Avoidance Claim" means any claim that any payment received by Secured Party is
avoidable under the Bankruptcy Code or any other debtor relief statute.

 

		1.4.	"Collateral" collectively means all property and interests in property now owned
or hereafter acquired by the Debtor in or upon which a security interest or lien is granted or in which a collateral assignment
is made under this Agreement, the Accounts Receivable Purchase Agreement or under the other Related Documents, including, without
limitation, all property and interests in property described in Section 2 hereof.

 

		1.5.	“Debtor's State of Formation” means the State of Delaware

 

		1.6.	"Event of Default” has the meaning set forth in Section 6 hereof.

 

		1.7.	“Guarantor” means Optos Capital Partners, LLC, Christopher Ferguson, LeLainya
Ferguson and any other Person, if any, who may hereafter become a guarantor of the Accounts Receivable Purchase Facility, and "Guarantors"
shall collectively refer to all of them.

 

		1.8.	"Hazardous Materials" includes, without limitation, any flammable explosives,
radioactive materials, hazardous materials, hazardous wastes, hazardous or toxic substances or related materials defined in the
Comprehensive Environmental Response, Compensation and Liability Act of 1980, as amended (42 U.S.C. Sections 9601, et seq.), the
Hazardous Materials Transportation Act, as amended (42 U.S.C. Section 1801, et seq.), the Resource Conservation and Recovery Act,
as amended (42 U.S.C. Sections 9601, et seq.) and in the regulations adopted and publications promulgated pursuant thereto, or
any other federal, state or local governmental law, ordinance, rule, or regulation.

 

		1.9.	“Liquidation Administration Fee” means an additional five percent (5%) of the
face value of each unpaid Account during the Liquidation Period.

 

		1.10.	      “Liquidation Period” means a period beginning on the earliest date of: (i) the
commencement by or against Debtor by the filing of any voluntary or involuntary petition under the Bankruptcy Code; (ii) the general
assignment by Debtor of its assets in order to commence a proceeding for the benefit of its creditors; (iii) the appointment of
or taking possession by a receiver, liquidator, assignee, custodian or similar official of all or a substantial part of Debtor's
assets; (iv) the cessation of business of Debtor and ending on the date on which Secured Party has actually received all fees,
costs, expenses and Obligations owing; or (v) Debtor is generally not able to pay its debt obligations as they become due. 

 

		1.11.	“Missing Payment Notation Fee” means fifteen percent (15%) of the amount due
on an invoice evidencing an Account Purchased at the time of purchase.

 

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		1.12.	      "Obligations" collectively means and includes any and all of Debtor's present
and future obligations to Secured Party, of every kind and nature whatsoever, including, without limitation: (i) all Advances,
debts, liabilities and obligations now or hereafter owed by Debtor to Secured Party under the Accounts Receivable Purchase Agreement,
this Agreement or any of the other Related Documents, including, but not limited to, all principal, Advance Payment Fees, Purchase
Fees, Charges, expenses, fees, and all other sums now or hereafter payable by the Debtor under the terms of this Agreement, the
Accounts Receivable Purchase Agreement or any of the other Related Documents, all of Debtor's liability for breach of any warranty,
representation, covenant or duty, of every kind and description that Debtor owes to Secured Party under this Agreement, the Accounts
Receivable Purchase Agreement, any of the other Related Documents or otherwise (whether or not evidenced by a writing and whether
or not for the payment of money), direct or indirect, absolute or contingent and including those that Secured Party reasonably
anticipates are likely to occur or that may adversely affect Secured Party's ability to collect the Accounts Purchased or any other
Collateral in the future; and (ii) all other obligations of Debtor to Secured Party under any note, contract of surety, guaranty,
purchase order accommodation or other accommodation, or with respect to letters of credit or acceptances, sums owing to Secured
Party for Goods and/or services purchased from any other firm factored or financed by Secured Party or any Parent, Subsidiary or
Affiliate of Secured Party, and all other obligations of Debtor to Secured Party, however and whenever created, arising or evidenced,
whether direct or indirect, through assignment from third parties in the ordinary course of Secured Party's (or any Parent's, Subsidiary's
or Affiliate's of Secured Party) business, absolute, contingent or otherwise, now or hereafter existing or due or to become due;
and (iii) any and all other advances, overdrafts, indebtedness, loans, liabilities and obligations now or hereafter owed by Debtor
to Secured Party (or any Parent, Subsidiary or Affiliate of Secured Party), of every kind and nature, howsoever created, arising
or evidenced, and howsoever owned, held or acquired, whether now due or to become due, whether direct or indirect, or absolute
or contingent, whether several, joint or joint and several, whether liquidated or unliquidated, whether legal or equitable, whether
disputed or undisputed, whether secured or unsecured, or whether arising under this Agreement, the Accounts Receivable Purchase
Agreement or any of the other Related Documents; and (iv) all advances made by Secured Party to protect the Collateral (or any
other collateral securing any of the Obligations), and/or Secured Party's security interest and rights therein or to pay or discharge
any other lien upon the Collateral (or any other collateral securing any of the Obligations); and (v) all costs, expenses and fees
(including reasonable attorneys' fees, paralegal fees, court costs and related expenses) incurred by Secured Party pursuant to
the terms of this Agreement, the Accounts Receivable Purchase Agreement or any other Related Document, or in connection with: (a)
the drafting and preparation of this Agreement, the Accounts Receivable Purchase Agreement and the other Related Documents; (b)
the administration, enforcement and defense of this Agreement, the Accounts Receivable Purchase Agreement and any other Related
Documents, or the relationships and liens created hereunder or thereunder; (c) the collection of the Obligations and any other
obligation or indebtedness secured hereby; (d) the sale or other disposition of the Collateral (or any other collateral securing
any of the Obligations), or any portion thereof; and (e) any workout, restructuring, liquidation, wind-down, bankruptcy or other
insolvency or creditor proceeding involving Debtor or any Guarantor or other Obligor, Account Debtor, grantor or debtor, or negotiations
in respect thereof (the costs and expenses incurred by Secured Party in any manner or way with respect to any of the foregoing,
shall be part of the Obligations, payable by the Debtor to Secured Party on demand, and secured by the Collateral).

 

		1.13.	      "Parties" means both Debtor and Secured Party, and "Party" shall refer
to any one of them.

 

		1.14.	      "PBGC" means the Pension Benefit Guaranty Corporation or any successor thereto.

 

		1.15.	      “Permitted Liens” shall mean the security interests in the specific items of
Collateral described in Exhibit A attached hereto, if any.

 

		1.16.	      “Permitted Lienholders” shall mean the respective holders of the Permitted Liens.

 

		1.17.	      "Person" shall mean and include any individual, corporation, partnership, joint
venture, limited liability company, limited liability partnership, sole proprietorship, association, trust, unincorporated association,
joint stock company, government, institution, municipality, political subdivision or agency, or other entity of whatever nature.

 

		1.18.	      "Real Property" shall collectively mean all commercial real property now or hereafter
owned, occupied or operated by the Debtor.

 

		1.19.	      "Related Documents" has the meaning set forth in the Accounts Receivable Purchase
Agreement.

 

		1.20.	      "UCC" shall mean the Uniform Commercial Code in effect in Illinois from time to
time.

 

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		2.	Grant of Security Interest and Related Provisions.

 

		2.1.	To secure the prompt and complete payment, observance and performance of the Obligations, Debtor
does hereby pledge, assign, transfer and deliver to the Secured Party and does hereby grant to the Secured Party a continuing and
unconditional security interest in and to all property and assets of the Debtor, of any kind or description, tangible or intangible,
whether now owned or existing or hereafter arising or acquired, and wheresoever located, including, but not limited to, the following:

 

Accounts: All present
and future accounts, accounts receivable, health-care-insurance receivables, and other rights of the Debtor to payment of a monetary
obligation, whether or not earned by performance, (i) for property that has been or is to be sold, leased, licensed, assigned,
or otherwise disposed of, (ii) for services rendered or to be rendered, (iii) for a policy of insurance issued or to be issued,
(iv) for a secondary obligation incurred or to be incurred, (v) for energy provided or to be provided, (vi) for the use or hire
of a vessel under a charter or other contract, (vii) arising out of the use of a credit or charge card or information contained
on or for use with the card, or (viii) as winnings in a lottery or other game of chance operated or sponsored by a State, governmental
unit of a State, or person licensed or authorized to operate the game by a State or governmental unit of a State (excluding (i)
rights to payment evidenced by chattel paper or an instrument, (ii) commercial tort claims, (iii) deposit accounts, (iv) investment
property, (v) letter-of-credit rights or letters of credit, or (vi) rights to payment for money or funds advanced or sold, other
than rights arising out of the use of a credit or charge card or information contained on or for use with the card) (collectively,
"Accounts");

 

Inventory: All inventory
and goods (including embedded software) now owned or hereafter acquired by the Debtor (wherever located, whether in the possession
of the Debtor or of a bailee or other person for sale, storage, transit, processing, use or otherwise and whether consisting of
whole goods, spare parts, components, supplies, materials, or consigned, returned, repossessed or reconsigned goods) which are
leased by Debtor as lessor, or held by Debtor for sale or lease or to be furnished under any contract of service, or are furnished
by Debtor under a contract of service, or consist of raw materials, work in process or materials used or consumed in the Debtor's
business (collectively, "Inventory");

 

Equipment: All machinery,
all manufacturing, distribution, selling, data processing and office equipment, all furniture, furnishings, appliances, fixtures
and trade fixtures, tools, tooling, molds, dies, vehicles, vessels, aircraft and all other equipment and goods of every type and
description (other than Inventory), in each instance whether now owned or hereafter acquired by the Debtor and wherever located
and all embedded software contained therein (collectively, "Equipment");

 

General Intangibles:
All rights, interests, choses in action, causes of action, claims and other intangible property of the Debtor of every kind and
nature (other than such items constituting Accounts), including, without limit, all payment intangibles, in each instance whether
now owned or hereafter acquired by the Debtor and however and whenever arising, including, without limitation, all corporate (or
limited liability company, as the case may be) and other business records; all loans and other obligations receivable and all rights,
remedies and security with respect thereto, all inventions, designs, all trade processes and trade secrets, computer programs,
software (including, without limit, all of Debtor's computer programs and all supporting information provided in connection with
a transaction relating to any such programs), printouts and other computer materials, goodwill, corporate name (or limited liability
company name, as the case may be), trade names, registration, copyrights, royalties, licenses, franchises, customer lists, credit
files, correspondence, and advertising materials; all customer and supplier contracts, firm sale orders, rights under license and
franchise agreements, and all other contracts and contract rights; all interests in partnerships and joint ventures; all tax refunds
and tax refund claims; all right, title and interest under leases, subleases, licenses and concessions and other agreements relating
to real or personal property; all payments due or made to Debtor in connection with any reacquisition, confiscation, condemnation,
seizure or forfeiture of any property by any person or governmental authority; all credits with and other claims against carriers
and shippers; all rights to indemnification; all patents, servicemarks, trademarks, patent applications and trademark applications,
and all other intellectual property not described herein, all reversionary interests in pension and profit sharing plans and reversionary,
beneficial and residual interest in trusts; all proceeds of insurance of which the Debtor is the beneficiary; all return insurance
premiums, and all other intangible property, whether or not similar to the foregoing (all of the foregoing collectively, "General
Intangibles");

 

Chattel Paper, Instruments
and Documents: All chattel paper (whether tangible or electronic), all leases, all instruments (including promissory notes),
all other notes and debt instruments and all payments thereunder and instruments and other property from time to time delivered
in respect thereof or in exchange therefor and all of the Debtor's right, title and interest and all of the Debtor's rights, remedies,
collateral security, liens in, and in respect of any of the foregoing, and all bills of lading, warehouse receipts and other documents
of title and all other documents, in each instance whether now owned or hereafter acquired by the Debtor;

 

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Letter-of-Credit Rights and
Other Supporting Obligations: All of Debtor's rights to payment or performance under all letters of credit, whether now existing
or hereafter created or arising (whether or not the letter of credit is evidenced by a writing), whether or not the beneficiary
has demanded or is at the time entitled to demand payment or performance ("Letter-of-Credit Rights"). All of Debtor's
Letter-of-Credit Rights and other secondary obligations that support the payment or performance of an Account, chattel paper, a
document, a General Intangible, an instrument or investment property, all whether now existing or hereafter created or arising
(collectively, "Supporting Obligations");

 

Investment Property:
All investment property now owned or hereafter acquired by Debtor, including, without limitation, stocks, bonds, interests in limited
liability companies, partnership securities, mutual fund shares, securities entitlements, including, without limitation, all of
Debtor's rights to any securities account, any fee credit balance or other money owing to Debtor by any securities intermediary
with respect to such account, all securities accounts now or hereafter held by Debtor, all commodity accounts and all commodity
contracts now or hereafter held by Debtor, and all other investment property now owned or hereafter acquired by Debtor;

 

Deposit Accounts: All
of Debtor's present and future deposit accounts (including, without limit, all demand, time, savings, passbook or similar accounts
maintained with a bank or financial institution), including any deposits or other sums at any time credited by or due to the Debtor
from Secured Party, all monies heretofore, now or hereafter deposited therein or credited thereto, all interest accrued and to
accrue thereon, and all renewals, replacements and proceeds of the foregoing.

 

Other Property: All property
and interest in property now owned or hereafter acquired by the Debtor which now may be owned or hereafter may come into the possession,
custody or control of the Secured Party in any way or for any purpose (whether for safekeeping, deposit, custody, pledge, transmission,
collection or otherwise); and all rights and interests of the Debtor, now existing or hereafter arising and however and wherever
arising, in respect of any and all (i) notes, drafts, and letters of credit; (ii) money; (iii) proceeds of loans; (iv) insurance
proceeds and books and records relating to any of the property covered by this Agreement and (v) and all letters of credits, guaranties,
liens, security interests and other security held by or granted to the Debtor;

 

Together, in each instance,
with all accessions and additions thereto, substitutions therefor, and all renewals, replacements, proceeds and products of all
of the above described collateral.

 

In addition, Debtor's hereby
grants Secured Party a security interest in the Reserve to further secure the payment and performance of all Obligations.

 

Debtor acknowledges that by
virtue of the foregoing paragraphs, Debtor has granted to Secured Party a blanket security interest in all of Debtor's present
and future assets and property (excluding real property).

 

		2.2.	Collateral; Accounts Receivable Purchase Facility and Other Obligations Cross-Defaulted and
Cross-Collateralized.  The Accounts Receivable Purchase Facility and all other Obligations shall be secured by Debtor's
grant to the Secured Party of a first priority security interest in and to the Collateral (except for Permitted Liens described
in Exhibit A attached hereto, if any). The Debtor acknowledges and agrees that the Accounts Receivable Purchase Facility
and all other Obligations shall be cross-defaulted, meaning that a default under the Accounts Receivable Purchase Facility or any
of the other Obligations shall constitute a default under the Accounts Receivable Purchase Facility and all other Obligations,
and (b) the Accounts Receivable Purchase Facility and all other Obligations shall be cross-collateralized, meaning that the Collateral,
and all other collateral in which the Secured Party is granted a security interest in connection with the Accounts Receivable Purchase
Facility and all other Obligations, shall secure the Accounts Receivable Purchase Facility and all other Obligations.

 

		2.3.	Authorization. Debtor hereby authorizes the Secured Party to set-off and retain, without
any necessity on the Secured Party's part to resort to other security or sources of reimbursement for the Obligations, at any time
following the occurrence and during the continuance of any Event of Default, and without prior notice thereof to Debtor (such notice
being expressly waived), any of the deposits referred to in Section 1.1 or elsewhere in this Agreement (whether general, or special,
time or demand, provisional or final) or other sums or property held by Secured Party, for application against any Obligations,
irrespective of whether any demand has been made or whether such Obligations are mature.

 

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		2.4.	Attachment and Continuity of Security Interest. The pledge of, lien upon, and security interest
granted and hereby created in the Collateral shall extend and attach to the entire Collateral which is presently in existence and
which is owned by Debtor or in which Debtor has an interest, and all Collateral which Debtor may purchase or in which Debtor may
acquire an interest at any time and from time to time in the future, whether such Collateral is in transit or in Secured Party's
constructive, actual or exclusive occupancy or possession or not, or held by Debtor or others for Debtor's or Secured Party's account
and wherever the same may be located, including, but without limiting the generality of the foregoing, all Collateral which may
be located on Debtor's premises or upon the premises of any carriers, forwarding agents, truckers, warehousemen, vendors, selling
agents, consignees, finishers, converters or other third parties who may have possession of the Collateral. Upon the sale, exchange,
or other disposition of the Collateral, the security interest and lien created and provided for herein shall, without break in
continuity and without further formality or act, continue in and attach to the instruments for the payment of money, Accounts,
documents of title, shipping documents, chattel paper and all other cash and noncash proceeds of such sale, exchange or disposition,
including Collateral returned or rejected by customers or repossessed by Debtor or Secured Party. As to any such sale, exchange
or disposition, Secured Party shall have all the rights of an unpaid seller, including stoppage in transit, replevin and reclamation.

 

		2.5.	Other Actions. Further to insure the attachment, perfection and first priority of, and the
ability of the Secured Party to enforce, the Secured Party's security interest in the Collateral, Debtor agrees, in each case at
the Debtor's own expense, to take the following actions with respect to the following Collateral:

 

		2.6.	Promissory Notes and Tangible Chattel Paper. If the Debtor shall at any time hold
or acquire any promissory notes or tangible chattel paper, the Debtor shall forthwith endorse, assign and deliver the same to the
Secured Party, accompanied by such instruments of transfer or assignment duly executed in blank as the Secured Party may from time
to time specify.

 

		2.7.	Deposit Accounts. For each deposit account that the Debtor at any time opens or maintains,
the Debtor shall, at the Secured Party's request and option, pursuant to an agreement in form and substance satisfactory to the
Secured Party, either (a) cause the depositary bank to agree to comply at any time with instructions from the Secured Party to
such depositary bank directing the disposition of funds from time to time credited to such deposit account, without further consent
of the Debtor, or (b) arrange for the Secured Party to become the customer of the depositary bank with respect to the deposit account,
with the Debtor being permitted, only with the consent of the Secured Party, to exercise rights to withdraw funds from such deposit
account. The Secured Party agrees with the Debtor that the Secured Party shall not give any such instructions or withhold any withdrawal
rights from the Debtor, unless an Event of Default has occurred and is continuing, or, after giving effect to any withdrawal not
otherwise permitted by the Accounts Receivable Purchase Agreement, this Agreement or any Related Document, would occur. The provisions
of this paragraph shall not apply to (i) any deposit account for which the Debtor, the depositary bank and the Secured Party have
entered into a cash collateral agreement specially negotiated among the Debtor, the depositary bank and the Secured Party for the
specific purpose set forth therein, (ii) deposit accounts for which the Secured Party is the depositary, and (iii) deposit accounts
specially and exclusively used for payroll, payroll taxes and other employee wage and benefit payments to or for the benefit of
the Debtor's salaried employees.

 

		2.8.	Investment Property. If the Debtor shall at any time hold or acquire any certificated
securities, the Debtor shall forthwith endorse, assign and deliver the same to the Secured Party, accompanied by such instruments
of transfer or assignment duly executed in blank as the Secured Party may from time to time specify. If any securities now or hereafter
acquired by the Debtor are uncertificated and are issued to the Debtor or its nominee directly by the issuer thereof, the Debtor
shall immediately notify the Secured Party thereof and, at the Secured Party's request and option, pursuant to an agreement in
form and substance satisfactory to the Secured Party, either (a) cause the issuer to agree to comply with instructions from the
Secured Party as to such securities, without further consent of the Debtor or such nominee, or (b) arrange for the Secured Party
to become the registered owner of the securities. If any securities, whether certificated or uncertificated, or other investment
property now or hereafter acquired by the Debtor are held by the Debtor or its nominee through a securities intermediary or commodity
intermediary, the Debtor shall immediately notify the Secured Party thereof and, at the Secured Party's request and option, pursuant
to an agreement in form and substance satisfactory to the Secured Party, either (i) cause such securities intermediary or (as the
case may be) commodity intermediary to agree to comply with entitlement orders or other instructions from the Secured Party to
such securities intermediary as to such securities or other investment property, or (as the case may be) to apply any value distributed
on account of any commodity contract as directed by the Secured Party to such commodity intermediary, in each case without further
consent of the Debtor or such nominee, or (ii) in the case of financial assets or other investment property held through a securities
intermediary, arrange for the Secured Party to become the entitlement holder with respect to such investment property, with the
Debtor being permitted, only with the consent of the Secured Party, to exercise rights to withdraw or otherwise deal with such
investment property. The Secured Party agrees with the Debtor that the Secured Party shall not give any such entitlement orders
or instructions or directions to any such issuer, securities intermediary or commodity intermediary, and shall not withhold its
consent to the exercise of any withdrawal or dealing rights by the Debtor, unless an Event of Default has occurred and is continuing,
or, after giving effect to any such investment and withdrawal rights not otherwise permitted by the Accounts Receivable Purchase
Agreement, this Agreement or any Related Document,, would occur. The provisions of this paragraph shall not apply to any financial
assets credited to a securities account for which the Secured Party is the securities intermediary.

 

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		2.9.	Collateral in the Possession of a Bailee. If any goods are at any time in the possession
of a bailee, the Debtor shall promptly notify the Secured Party thereof and, if requested by the Secured Party, shall promptly
obtain an acknowledgement from the bailee, in form and substance satisfactory to the Secured Party, that the bailee holds such
Collateral for the benefit of the Secured Party and shall act upon the instructions of the Secured Party, without the further consent
of the Debtor. The Secured Party agrees with the Debtor that the Secured Party shall not give any such instructions unless an Event
of Default has occurred and is continuing or would occur after taking into account any action by the Debtor with respect to the
bailee.

 

		2.10.	      Letter-of-Credit Rights. If the Debtor is at any time a beneficiary under a letter
of credit now or hereafter issued in favor of the Debtor, the Debtor shall promptly notify the Secured Party thereof and, at the
request and option of the Secured Party, the Debtor shall, pursuant to an agreement in form and substance satisfactory to the Secured
Party, either (i) arrange for the issuer and any confirmer of such letter of credit to consent to an assignment to the Secured
Party of the proceeds of any drawing under the letter of credit or (ii) arrange for the Secured Party to become the transferee
beneficiary of the letter of credit, with the Secured Party agreeing, in each case, that the proceeds of any drawing under the
letter to credit are to be applied (a) in the absence of an Event of Default, as Debtor shall direct, or (b) after an Event of
Default shall have occurred and be continuing, towards payment of the Obligations.

 

		2.11.	      Commercial Tort Claims. If the Debtor shall at any time hold or acquire a commercial
tort claim in excess of $25,000.00, upon the filing of a complaint or counter-claim for such claim, the Debtor shall promptly furnish
to the Secured Party copies of all pleadings made in connection therewith, and shall grant to the Secured Party in writing, a security
interest therein and in the proceeds thereof, all upon the terms of this Agreement, with such writing to be in form and substance
satisfactory to the Secured Party.

 

		2.12.	      Perfection and Maintenance of Security Interest; Other Actions as to any and all Collateral.
Debtor agrees that until all of the Obligations has been indefeasibly paid in full and this Agreement has been terminated,
the Secured Party's security interests in and liens on and against the Collateral, and all proceeds and products thereof, shall
continue in full force and effect. Debtor further agrees to take any other action reasonably requested by the Secured Party to
insure the attachment, perfection and first priority of, and the ability of the Secured Party to enforce, the Secured Party's security
interest in and liens on and against any and all of the Collateral including, without limitation, (a) executing, delivering and,
where appropriate, filing financing statements and amendments relating thereto under the Uniform Commercial Code, to the extent,
if any, that the Debtor's signature thereon is required therefor, (b) executing and recording of Related Documents in form and
substance reasonably satisfactory to the Secured Party, (c) delivering to the Secured Party all certificates, notes and other instruments
(including, without limitation, all letters of credit on which Debtor is named as a beneficiary) representing or evidencing Collateral
duly endorsed and accompanied by duly executed instruments of transfer or assignment, including, but not limited to, note powers,
all in form and substance satisfactory to the Secured Party, (d) causing the Secured Party's name to be noted as secured party
on any certificate of title for a titled good if such notation is a condition to attachment, perfection or priority of, or ability
of the Secured Party to enforce, the Secured Party's security interest in such Collateral, (e) complying with any provision of
any statute, regulation or treaty of the United States as to any Collateral if compliance with such provision is a condition to
attachment, perfection or priority of, or ability of the Secured Party to enforce, the Secured Party's security interest in such
Collateral, (f) obtaining governmental and other third party consents and approvals, including without limitation, any consent
of any licensor, lessor or other person obligated on Collateral, (g) obtaining waivers from mortgagees and landlords in form and
substance satisfactory to the Secured Party, (h) delivering to the Secured Party warehouse receipts covering that portion of the
Collateral, if any, located in warehouses and for which warehouse receipts are issued, (i) after the occurrence and during the
continuance of an Event of Default, transferring Inventory to warehouses designated by the Secured Party or taking such other steps
as are deemed necessary by the Secured Party to maintain the Secured Party's control of the Inventory, (j) placing notations on
Debtor's books of account to disclose the Secured Party's security interest therein and marking conspicuously each document, contract,
chattel paper and all records pertaining to the Collateral with a legend, in form and substance satisfactory to the Secured Party,
indicating that such document, contract, chattel paper, or Collateral is subject to the security interest granted herein, (k) taking
all actions required by any earlier versions of the Uniform Commercial Code or by other law, as applicable in any relevant Uniform
Commercial Code jurisdiction, or by other law as applicable in any foreign jurisdiction, and (l) executing and delivering all further
instruments and documents, and taking all further action, as the Secured Party may reasonably request.

 

		2.13.	      Authorization to File Financing Statements. Debtor hereby irrevocably authorizes the Secured
Party at any time and from time to time to file in any Uniform Commercial Code jurisdiction any initial financing statements and
amendments thereto that (a) indicate the Collateral (i) as all assets of the Debtor or words of similar effect, regardless of whether
any particular asset comprised in the Collateral falls within the scope of Article 9 of the UCC or the Uniform Commercial Code
of such jurisdiction, or (ii) as being of an equal or lesser scope or with greater detail, and (b) contain any other information
required by part 5 of Article 9 of the UCC for the sufficiency or filing office acceptance of any financing statement or amendment,
including (i) whether the Debtor is an organization, the type of organization and any organization identification number issued
to the Debtor and, (ii) in the case of a financing statement filed as a fixture filing, a sufficient description of real property
to which the Collateral relates. Debtor agrees to furnish any such information to the Secured Party promptly upon request. To the
extent applicable, Debtor also ratifies its authorization for the Secured Party to have filed in any Uniform Commercial Code jurisdiction
any like initial financing statements or amendments thereto if filed prior to the date hereof.

 

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		3.	Accounts Receivable Purchase Facility. Secured Party, as purchaser, has extended to Debtor,
as seller, the Accounts Receivable Purchase Facility pursuant to the terms of the Accounts Receivable Purchase Agreement, the terms
of which are incorporated herein by reference. The purpose of this Agreement is to secure all Obligations now or hereafter owed
by Debtor to Secured Party under the Accounts Receivable Purchase Agreement and all other Obligations, of every kind and nature.
Reference is made to the Accounts Receivable Purchase Agreement for the terms and conditions for Advances under the Accounts Receivable
Purchase Agreement, and for the repayment of all Obligations thereunder. Notwithstanding anything contained in this Agreement,
nothing contained in this Agreement shall be deemed to prohibit the Debtor's sale of Accounts to Secured Party under the Accounts
Receivable Purchase Agreement.

 

		4.	Insurance. Debtor shall, at its sole cost and expense, keep and maintain the Collateral
insured for its full insurable value against loss or damage by fire, theft, explosion, sprinklers and all other hazards and risks
as are customarily insured against by Persons engaged in businesses similar to that of Debtor with such companies, in such amounts,
with such deductibles, and under policies in such form, as shall be reasonably satisfactory to Secured Party. Each such policy
shall contain an endorsement, in form and substance satisfactory to Secured Party, showing loss under such insurance policies payable
to Secured Party pursuant to a Lender's Loss Payee endorsement and not containing a co-insurance clause. Such endorsement, or an
independent instrument furnished to Secured Party, shall provide that the insurer shall give Secured Party at least thirty (30)
days written notice before any such policy of insurance is altered (in any manner adverse to the Secured Party) or canceled and
that no act, whether willful or negligent, or default of Debtor or any other Person shall affect the right of Secured Party to
recover under such policy of insurance in case of loss or damage. Debtor hereby directs all insurers under such policies of insurance
to pay all proceeds payable thereunder directly to Secured Party. In addition, Debtor will maintain, at its sole expense, such
public liability and third party property damage insurance and product liability insurance, as is customary for Persons engaged
in businesses similar to that of Debtor with such companies and in such amounts, with such deductibles and under policies in such
form, as shall be reasonably satisfactory to Secured Party. Each such policy shall contain an endorsement showing Secured Party
as additional insured thereunder and providing that the insurer shall give Secured Party at least thirty (30) days written notice
before any such policy shall be altered or canceled. Upon Secured Party's request, Debtor shall deliver to Secured Party certified
copies of all such policies of insurance, together with evidence of payment of all premiums therefor.

 

In the event of loss or damage
to any Collateral exceeding $5,000.00 in value, Debtor will give immediate notice to the Secured Party and the Secured Party may
make proof of loss if not made by Debtor within twenty (20) days after such occurrence. In addition, the Secured Party shall have
the right to settle and compromise any and all claims exceeding $5,000.00 under any of the policies required to be maintained by
Debtor hereunder and Debtor hereby appoints the Secured Party as its attorney-in-fact with power to demand, receive, and receipt
for all monies payable thereunder, to execute in the name of Debtor or the Secured Party or both any proof of loss, notice, draft
or other instruments in connection with such policies or any loss thereunder and generally to do and perform any and all acts as
Debtor, but for this appointment might or could perform. If on the date of a loss, no Event of Default shall have occurred and
be continuing, Debtor will be allowed to employ the insurance proceeds to restore any portion of the Collateral which has been
damaged or destroyed.

 

UNLESS THE DEBTOR PROVIDES
THE SECURED PARTY WITH EVIDENCE OF THE INSURANCE COVERAGE REQUIRED BY THIS AGREEMENT, THE SECURED PARTY MAY PURCHASE INSURANCE
AT THE DEBTOR'S EXPENSE TO PROTECT THE SECURED PARTY'S INTERESTS IN THE COLLATERAL. THIS INSURANCE MAY, BUT NEED NOT, PROTECT THE
DEBTOR'S INTERESTS. THE COVERAGE THAT THE SECURED PARTY PURCHASES MAY NOT PAY ANY CLAIM THAT IS MADE AGAINST THE DEBTOR IN CONNECTION
WITH THE COLLATERAL. THE DEBTOR MAY LATER CANCEL ANY INSURANCE PURCHASED BY THE SECURED PARTY, BUT ONLY AFTER PROVIDING THE SECURED
PARTY WITH EVIDENCE THAT THE DEBTOR HAS OBTAINED INSURANCE AS REQUIRED BY THIS AGREEMENT. IF THE SECURED PARTY PURCHASES INSURANCE
FOR THE COLLATERAL, THE DEBTOR WILL BE RESPONSIBLE FOR THE COSTS OF THAT INSURANCE, INCLUDING INTEREST AND ANY OTHER CHARGES THAT
MAY BE IMPOSED WITH THE PLACEMENT OF THE INSURANCE, UNTIL THE EFFECTIVE DATE OF THE CANCELLATION OR EXPIRATION OF THE INSURANCE.
THE COSTS OF THE INSURANCE MAY BE ADDED TO THE PRINCIPAL AMOUNT OF THE ACCOUNTS RECEIVABLE PURCHASE FACILITY OWING HEREUNDER. THE
COSTS OF THE INSURANCE MAY BE MORE THAN THE COST OF THE INSURANCE THE DEBTOR MAY BE ABLE TO OBTAIN ON ITS OWN.

 

    	Page 7 of 18

    	 

    

 

		5.	Collateral Protection Expenses; Preservation of Collateral.

 

		5.1.	In its discretion, the Secured Party may discharge taxes and other encumbrances at any time levied
or placed on any of the Collateral, make repairs thereto and pay any necessary filing fees or, if the Debtor fails to do so, insurance
premiums. The Debtor agrees to reimburse the Secured Party on demand for any and all expenditures so made. The Secured Party shall
have no obligation to the Debtor to make any such expenditures, nor shall the making thereof relieve the Debtor of any Event of
Default.
	 	 	 

		5.2.	Anything herein to the contrary notwithstanding, the Debtor shall remain liable under each contract
or agreement comprised in the Collateral to be observed or performed by the Debtor thereunder. The Secured Party shall not have
any obligation or liability under any such contract or agreement by reason of or arising out of this Agreement or the receipt by
the Secured Party of any payment relating to any of the Collateral, nor shall the Secured Party be obligated in any manner to perform
any of the obligations of the Debtor under or pursuant to any such contract or agreement, to make inquiry as to the nature or sufficiency
of any payment received by the Secured Party in respect of the Collateral or as to the sufficiency of any performance by any party
under any such contract or agreement, to present or file any claim, to take any action to enforce any performance or to collect
the payment of any amounts which may have been assigned to the Secured Party or to which the Secured Party may be entitled at any
time or times. The Secured Party's sole duty with respect to the custody, safe keeping and physical preservation of the Collateral
in its possession, under §9-207 of the UCC or otherwise, shall be to deal with such Collateral in the same manner as the Secured
Party deals with similar property for its own account.

 

		6.	Events of Default. The Accounts Receivable Purchase Facility and any and all other Obligations
shall, at the option of Secured Party and notwithstanding any maturity to the contrary, become immediately due and payable, without
notice or demand, upon the occurrence of any of the following events of default (each an "Event of Default"):

 

		6.1.	Debtor shall fail to pay to Secured Party when due, any Obligations, including, without limitation,
any amount owing under this Agreement, the Accounts Receivable Purchase Agreement or any of the other Related Documents, or any
other sum payable by Debtor to the Secured Party; or

 

		6.2.	Debtor shall default in the due observance or performance of any other term, covenant, condition,
obligation or representation contained in this Agreement, the Accounts Receivable Purchase Agreement, or any Related Document;
or

 

		6.3.	Any statement, warranty, or representation made by Debtor in this Agreement or in the Accounts
Receivable Purchase Agreement, or by Debtor or any Guarantor in any Related Document (including, without limit, in any Assignment
Schedule, document, instrument, request, report, schedule, financial statement or certificate executed or provided by Debtor or
any Guarantor) shall prove to have been incorrect, incomplete or misleading in any material respect on the date when made or becomes
untrue or incorrect in any material respect thereafter; or

 

		6.4.	Filing of a petition in bankruptcy by or against Debtor or any Guarantor, or institution of any
proceeding by Debtor or any Guarantor for reorganization, readjustment, or similar arrangement under any insolvency statute, filing
of any proceeding by or against Debtor or any Guarantor for appointment of a receiver, trustee or liquidator of it or him, or all
or any substantial part of its or his assets or properties, filing of a petition for dissolution or liquidation of Debtor or any
Guarantor, or making by Debtor or any Guarantor of an assignment for the benefit of creditors, or filing or imposition of any tax
lien against the Collateral or property of Debtor or any Guarantor, or Debtor or any Guarantor admits in writing its or his inability
to pay its or his debts as they become due, or Debtor or any Guarantor ceases doing business as a going concern; or

 

		6.5.	Suspension of the operation of Debtor's present business, or any essential permit, license or other
governmental approval necessary for the conduct of Debtor's business shall expire or be cancelled or withdrawn; or

 

		6.6.	The Secured Party, in good faith, deems itself reasonably insecure for any reason due to any material
adverse change in the business, assets or liabilities, financial condition, results of operations or business prospects of Debtor,
or in the financial condition of any Guarantor; or

 

		6.7.	The Pension Benefit Guaranty Corporation (“PBGC”) shall commence proceedings under
Section 4042 of the Employee Retirement Income Security Act of 1974 (“ERISA”) to terminate any employee pension benefit
plan of Debtor or any Guarantor, or the PBGC shall institute proceedings to terminate a Plan of Debtor subject to ERISA, and the
regulations promulgated thereunder, or to appoint a Trustee to administer such Plan, or to impose withdrawal liability against
Debtor; or

 

		6.8.	Any termination or attempted termination of the Accounts Receivable Purchase Agreement by Debtor
except made in strict accordance with Section 8 thereof; or

 

    	Page 8 of 18

    	 

    

 

		6.9.	A default shall occur under any Related Document (whether executed by Debtor, any Guarantor or
any other grantor or debtor), or under any present or future loan or other financial accommodation extended by Secured Party to
Debtor, and such default shall not be cured within the applicable grace period set forth therein, if any; or

 

		6.10.	      There shall occur any damage to or loss, theft, or destruction of any of the Collateral securing
the Obligations exceeding $10,000.00 in the aggregate in any calendar year to the extent such is not covered by insurance; or

 

		6.11.	      All or any portion of the Collateral or any other collateral securing the Obligations, is attached,
seized, levied upon or subjected to a writ or distress warrant, or comes within the possession of any receiver, trustee, custodian
or assignee for the benefit of creditors; or an application is made by Debtor or any other Person for the appointment of a receiver,
trustee, or custodian for such Collateral; or

 

		6.12.	      A notice of lien, levy or assessment is filed of record with respect to all or any portion of Debtor's
or any Guarantor's assets, or any other collateral securing the Obligations, by the United States, or any department, agency or
instrumentality thereof, or by any state, county, municipal or other governmental agency, including, without limitation, the PBGC,
or any taxes or debts owing to any of the foregoing becomes a lien or encumbrance upon all or any portion of Debtor's assets or
any other collateral securing the Obligations; or

 

		6.13.	      Creation by Debtor of a security interest in any Collateral now existing or hereafter acquired
by Debtor in favor of any Person other than the Secured Party and the Permitted Lienholders; or

 

		6.14.	      Debtor is enjoined, restrained, or in any way prevented by the order of any court or any administrative
or regulatory agency from conducting all or any significant part of its business affairs; or

 

		6.15.	      Any Guarantor shall die, become incompetent or disabled or dissolve, or any Guarantor shall terminate,
repudiate, revoke or disavow any of his or its obligations under his or its guaranty of the Accounts Receivable Purchase Facility
or breach any of the terms of such guaranty; or

 

		6.16.	      Any guaranty of the Accounts Receivable Purchase Facility heretofore, now or hereafter executed
by any Guarantor shall at any time after its execution and delivery and for any reason cease to be in full force and effect or
shall be declared null and void, or the validity or enforceability thereof shall be contested by any Guarantor; or

 

		6.17.	      Any judgment or order requiring the payment of money exceeding $20,000.00 shall be rendered against
Debtor and such judgment or order shall remain unsatisfied or undischarged and in effect for thirty (30) consecutive days without
a stay of enforcement or execution, provided, however, this subparagraph shall not apply to any judgment for which Debtor is fully
insured, and with respect to which the insurer has admitted liability in writing; or

 

		6.18.	      This Security Agreement shall at any time after its execution and delivery and for any reason cease
(i) to create a valid and perfected first priority security interest in the Collateral (other than Permitted Liens on specific
items of Collateral described in Exhibit A, if any); or (ii) to be in full force and effect or shall be declared null and
void, or the validity or enforceability hereof shall be contested by Debtor or Debtor shall deny it has any further liability or
obligation hereunder or under the Accounts Receivable Purchase Agreement or any of the other Related Documents; or

 

		6.19.	      Any proceeding shall be commenced or filing made under applicable law by any member, manager, shareholder,
officer or director of Debtor to dissolve or liquidate Debtor; any order, judgment or decree shall be entered against Debtor decreeing
its involuntary dissolution or split up; or Debtor shall otherwise dissolve or cease to exist; or

 

		6.20.	      Any event shall occur which results in the acceleration of the maturity of (i) any indebtedness
owed by Debtor (or guaranteed by Debtor) or any Guarantor to any other lender or creditor exceeding $20,000.00 or (ii) any other
indebtedness owed by Debtor or any Guarantor to Secured Party; or

 

		6.21.	      Any order, judgment or decree shall be entered against Debtor decreeing its involuntary dissolution
or split up; or Debtor shall otherwise dissolve or cease to exist; or

 

		6.22.	      If Secured Party receives a notice from any other secured party of a proposed disposition of the
Collateral or any portion thereof or otherwise learns of such proposed disposition (whether or not such security interest is permitted
by the terms of this Agreement; nothing in this subsection shall be construed to constitute consent by Secured Party to the creation
of any security interest in the Collateral other than the Secured Party's security interest and the Permitted Liens); or

 

    	Page 9 of 18

    	 

    

 

		6.23.	      Any sale, conveyance, assignment or other transfer, directly or indirectly, of any ownership interest
of Debtor, which results in any change in the identity of the individuals or entities previously in control of Debtor or the grant
of a security interest in any ownership interest of any Person, directly or indirectly controlling Debtor, which could result in
a change in the identity of the individuals or entities previously in control of Debtor. For the purpose hereof, the terms "control"
or "controlling" shall mean the possession of the power to direct, or cause the direction of, the management and policies
of Debtor by contract or voting of securities; or

 

		6.24.	      Debtor or any holder of subordinated debt shall violate the terms of any debt subordination agreement
or lien subordination agreement executed by Debtor or such holder in favor of Secured Party; or

 

		6.25.	      If a default shall occur under the Accounts Receivable Purchase Agreement or any of the other Related
Documents and such default shall not be cured within any applicable grace period specified therein, if any; or

 

		6.26.	      Debtor violates Section 2.11 or Section 2.12 of the Accounts Receivable Purchase Agreement at any
time; or

 

		6.27.	      If Debtor, or any Guarantor or other grantor of any collateral for the Obligations (or any of them)
shall revoke the authorization granted to Secured Party pursuant to any IRS Form 8821 entitled "Tax Information Authorization",
now or hereafter executed in Secured Party's favor, or if Secured Party's authorization under any such IRS Form 8821 is otherwise
revoked for any other reason; or

 

		6.28.	      Debtor fails to perform any material duty under the Accounts Receivable Purchase Agreement, this
Agreement or any of the other Related Documents; or

 

		6.29.	      The institution of an action in any court of a criminal proceeding against the Debtor which would
have a material adverse effect on the Debtor or any Guarantor, or the indictment of the Debtor or any principal thereof or any
Guarantor for any crime other than traffic, boating and other similar tickets and misdemeanors not punishable by jail terms; or

 

		6.30.	      If Christopher and Lelainya Ferguson shall cease to actively manage the operations of the Debtor;
or

 

		6.31.	      If Debtor fails to insert the Payment Notation on any invoice evidencing any of its Accounts, or
otherwise instructs any Account Debtor to make any payment on any invoice other than as set forth in Section 2.4 of the Accounts
Receivable Purchase Agreement.

 

		7.	Remedies. If any Event of Default shall have occurred and be continuing, Secured Party may
exercise any one or more of the following remedies (each of which shall be cumulative remedies):

 

		7.1.	Secured Party may declare the Obligations to be forthwith due and payable, whereupon the same shall
become forthwith due and payable, notwithstanding the maturity date or dates expressed in any evidence thereof. Debtor waives presentment
and protest of any instruments and notice thereof, notice of default and all other notices to which Debtor might otherwise be entitled
except as specifically provided herein.

 

		7.2.	Debtor agrees that upon an Event of Default, Secured Party may exercise and pursue any and all
rights and remedies available to Secured Party hereunder, under any Related Documents, and otherwise available to Secured Party
under applicable law or in equity, including, but not limited to, all the rights and remedies of a secured party upon default under
the UCC (whether or not the UCC applies to the affected Collateral), or any other applicable law. In addition, Secured Party shall
have the right to enforce all lien rights of Debtor and to take any and all actions necessary or desirable to enforce such lien
rights, including but not limited to, mechanics lien rights, in the name of Secured Party or Debtor. Secured Party may also terminate
this Agreement and/or cease all Advances hereunder, which termination or cessation shall not relieve Debtor of any its outstanding
Obligations or duties hereunder.

 

		7.3.	Secured Party may without notice, demand or legal process of any kind, all of which Debtor waives
to the extent permitted by applicable law, at any time or times: (a) peaceably enter into Debtor's premises and take physical possession
of the Collateral and maintain such possession on Debtor's premises, at no cost to Secured Party, or remove the Collateral, or
any part thereof, to such other place(s) as Secured Party may desire; or (b) require Debtor to, and Debtor hereby agrees that it
will at Debtor's expense and upon request of Secured Party forthwith, assemble all or any part of the Collateral (and the records
pertaining thereto) as directed by Secured Party and make it available to Secured Party at a place and time to be designated by
Secured Party which is reasonably convenient to Debtor and Secured Party; and (c) without notice except as specified below, sell,
lease, assign, grant an option or options to purchase or otherwise dispose of the Collateral or any part thereof in one or more
parcels at public or private sale, at any exchange, broker's board or at any of Secured Party's offices or elsewhere, for cash,
on credit or for future delivery, and upon such other terms as Secured Party may deem reasonable (and Secured Party may, to the
extent permitted by applicable law, purchase the Collateral at any such sale). The Debtor agrees that, to the extent notice of
sale shall be required by law, ten (10) days’ notice to the Debtor of the time and place of any public sale or the time after
which any private sale is to be made shall constitute reasonable notification. Secured Party shall not be obligated to make any
sale of Collateral regardless of a notice of sale having been given. Secured Party may adjourn any public or private sale from
time to time by announcement at the time and place fixed therefor, and such sale may, without further notice, be made at the time
and place to which it was so adjourned.

 

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		7.4.	Secured Party or its designee may notify all Account Debtors under all Accounts, General Intangibles
and Chattel Paper, of the assignment of such Accounts, General Intangibles and Chattel Paper, to Secured Party and direct such
Account Debtors (to the extent not already notified by Secured Party and/or Debtor to pay the Accounts to Secured Party) to make
payment of all amounts due or to become due to Debtor thereunder directly to Secured Party and, upon such notification and at the
expense of the Debtor, Secured Party or its designee may enforce collection of any such Accounts, General Intangibles and Chattel
Paper, and adjust, settle and compromise the amount or payment thereof, in the same manner and to the same extent as the Debtor
might have done. After such notification all amounts and proceeds (including instruments) received in any manner by the Debtor
in respect of the Accounts, General Intangibles and Chattel Paper, shall be segregated from other funds of the Debtor and shall
be forthwith paid over to Secured Party in the same form as received (with any necessary endorsement), and the Debtor shall not
adjust, settle or compromise the amount of payment of any Account, General Intangibles or Chattel Paper, or release wholly or partly
any Account Debtor or obligor thereof, or allow any credit or discount thereon. To facilitate the foregoing collection rights of
Secured Party, the Debtor hereby agrees to provide Secured Party with such information and documentation which Secured Party reasonably
requests.

 

		7.5.	Without limiting the generality of Section 7.2 above, Secured Party shall be entitled to equitable
relief without having to establish an inadequate remedy at law or other grounds except that Debtor acknowledges that the Collateral
securing Debtor's Obligations to Secured Party is subject to being dissipated and as a result such equitable relief may include
injunctive or receivership remedies. Debtor waives any requirement that Secured Party post or otherwise obtain or procure any bond.
Alternatively, in the event Secured Party, in its sole and exclusive discretion, desires to procure and post a bond, Secured Party
may procure and file with the court a bond in an amount up to and not greater than $10,000.00 notwithstanding any common
or statutory law requirement to the contrary. Upon Secured Party's posting of such bond it shall be entitled to all benefits allowed
by law as if such bond was posted in compliance with state law. Debtor waives any right it may be entitled to, including an award
of attorney's fees or costs, in the event any equitable relief sought by and awarded to Secured Party is thereafter, for whatever
reason(s), vacated, dissolved, reversed or denied.

 

		7.6.	Debtor agrees to reimburse Secured Party for all reasonable attorney's fees, paralegal fees, court
costs and other expenses incurred by Secured Party in the enforcement of this Agreement and any Related Documents, including, but
not limited to, protecting or enforcing its interest in (or liquidating) the Accounts Purchased, the Collateral and any other collateral
securing Debtor's Obligations to Secured Party or in connection with any bankruptcy case or insolvency proceeding involving Debtor
or any other Obligor, any Account Debtor or other grantor or debtor. As used in this Agreement, attorneys' fees will be deemed
to be the full and actual cost of any legal services actually performed in connection with the matters involved, including those
related to any appeal or the enforcement of any judgment calculated on the basis of the usual fee charged by attorneys performing
such services. Notwithstanding the existence of any law, statute or rule, in any jurisdiction that may provide Debtor with a right
to attorney's fees or costs, Debtor hereby waives any and all rights to hereafter seek attorney's fees or costs thereunder and
Debtor agrees that Secured Party exclusively shall be entitled to indemnification and recovery of any and all attorney's
fees, paralegal fees and other costs in respect to any litigation based hereon, arising out of, or related hereto, whether under,
or in connection with, this Agreement, the Accounts Receivable Purchase Agreement or any Related Document, or any course of conduct,
course of dealing, statements (whether verbal or written) or actions of either Party. All post-judgment interest shall bear interest
at the Default Rate (or if less, the maximum rate allowable by law). In the event that after termination, Debtor breaches its duty
to indemnify Secured Party under this section, all of Secured Party's rights hereunder shall be deemed reinstated, including but
not limited to, Secured Party's rights to act as Debtor's attorney-in-fact in order to file any previously terminated UCC
financing statements to perfect Secured Party's rights as a secured party, which rights shall not be terminated until such
breach is remedied. This Section 7.6 shall survive termination of this Agreement.

 

		7.7.	An Event of Default shall not suspend or abate any performance due to Secured Party by Debtor.
Notwithstanding a termination of this Agreement by Secured Party, Debtor's Obligations shall remain unconditionally due and owing
and any amounts due shall accrue interest at the Default Rate (or if less, the maximum rate allowable by law) until all Accounts
Purchased and Obligations due Secured Party have been fully satisfied. Upon an Event of Default, Secured Party shall be authorized
to notify each bank or other financial institution in which Debtor maintains an account; and Debtor hereby irrevocably authorizes
such financial institution that so much of the funds necessary to cure Debtor's breach as set forth in writing by Secured
Party to such financial institution shall be set aside to and for the exclusive benefit of Secured Party. Debtor shall be
obligated for the Missing Payment Notation Fee on any Account Purchased in which the invoices issued by Debtor to an Account Debtor
do not contain the Payment Notation. Debtor shall pay to Secured Party a Liquidation Administration Fee for each Account
Purchased and outstanding at any time during a Liquidation Period. In order to satisfy any of the Obligations due Secured Party,
Debtor authorizes Secured Party to initiate electronic debit or credit entries through the ACH system to any deposit account maintained
by Debtor. Debtor shall hold Secured Party harmless of any claim(s) or damage(s) that might arise as a result of Secured Party’s
notification to Debtor's depository institution(s) unless it can be shown that Secured Party acted in bad faith and without just
cause.

 

    	Page 11 of 18

    	 

    

 

		7.8.	If an Event of Default occurs due to the filing of a tax lien or levy, until such lien or levy
is satisfied and discharged, Secured Party shall be entitled to (but shall not be obligated to) withhold any sum(s) that may otherwise
be due Debtor under the Accounts Receivable Purchase Agreement and may remit same to the taxing authority. Moreover, Debtor agrees
that until the tax lien or levy is satisfied or discharged, Secured Party shall be entitled to collect all proceeds of Accounts
and apply such proceeds to any Obligations.

 

		7.9.	Upon an Event of Default, all of Debtor’s rights of access to Secured Party's online, internet
available services shall be provisional pending Debtor's cure of all such Events of Default. During such period of time, Secured
Party may limit or terminate Debtor’s access to Secured Party's online services. Debtor acknowledges that the information
Secured Party makes available to Debtor constitutes and satisfies any duty of Secured Party to respond to a Request for an Accounting
or Request regarding a Statement of Account pursuant to UCC Section 9-210.

 

		7.10.	      Debtor agrees to indemnify Secured Party from any loss arising out of the assertion of any Avoidance
Claim and shall pay to Secured Party on demand, the amount thereof. Debtor shall notify Secured Party within two (2) Banking Days
of Debtor becoming aware of the assertion of an Avoidance Claim.

 

		7.11.	      Secured Party shall, within five (5) Banking Days after receipt and assuming final collection,
apply all net cash proceeds received in respect of any sale of, collection from, or other realization upon all or any part of the
Collateral (after deducting all costs and expenses, including, without limit, reasonable attorneys', paralegal fees, court costs
and related expenses incurred by Secured Party at any time in the collection of the Obligations, in the protection and sale of
the Collateral and as otherwise incurred by Secured Party pursuant to any provision of this Agreement (including, without limit,
Section 8 hereof), against all or any part of the Obligations in such order as Secured Party shall determine in its sole and exclusive
discretion. Any surplus of such cash or cash proceeds held by Secured Party and remaining after payment in full of all the Obligations
shall be paid over to the Debtor or to whomsoever may be lawfully entitled to receive such surplus. Debtor shall remain liable
for any deficiency remaining after such application, and shall pay Secured Party such deficiency forthwith.

 

		7.12.	      To the extent that Debtor lawfully may, Debtor hereby agrees that Debtor will not invoke any law
relating to the marshalling of Collateral which might cause delay in or impede the enforcement of Secured Party's rights under
this Agreement, the Accounts Receivable Purchase Agreement or under any other Related Document, and, to the extent that Debtor
lawfully may, Debtor hereby irrevocably waives the benefits of all such laws.

 

		7.13.	      Debtor waives all claims, damages and demands against Secured Party arising out of the repossession,
retention or sale of any of the Collateral, or any part or parts thereof, except any such claims, damages and awards arising out
of the gross negligence or willful misconduct of Secured Party.

 

		7.14.	      All rights and remedies of Secured Party with respect to the Obligations or the Collateral (or
any other collateral securing the Obligations), whether evidenced hereby or by any other instrument or papers, shall be cumulative
and may be exercised singularly, alternatively, successively or concurrently at such time or times as Secured Party deems expedient,
and are not exclusive of any rights and remedies provided by law or equity.

 

		7.15.	      Upon an Event of Default, the Parties acknowledge that it shall be presumed commercially reasonable
and Secured Party shall have no duty to undertake to collect any Account if Secured Party receives information from an Account
Debtor that a material Dispute exists or in the event Secured Party receives information that any Dispute exists and the amount
of recovery is outweighed by the likely costs and expenses required to pursue any such Account. This provision is not intended
to impose any duties on Secured Party in circumstances other than those specifically addressed herein. Furthermore, in the
event Secured Party undertakes to collect from or enforce an obligation of an Account Debtor or other Person obligated on the Collateral
or any other collateral securing the Obligations and Secured Party determines that the possibility of collection is outweighed
by the likely costs and expenses that will be incurred, Secured Party may at any such time cease any further collection efforts
and such action shall be considered commercially reasonable. Before Debtor may, under any circumstances, seek to hold Secured Party
responsible for taking any action not deemed commercially reasonable, Debtor shall be required to first notify Secured Party,
in writing, of all reasons why Debtor believes Secured Party has acted in a manner not deemed commercially reasonable and advise
Secured Party of the action that Debtor believes Secured Party should take.

 

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		7.16.	      In connection with the exercise of its remedies pursuant to this Section 7, Secured Party may:
(i) exchange, enforce, waive or release any portion of the Collateral, this Agreement, the Accounts Receivable Purchase Agreement
or any Related Documents in favor of Secured Party or relating to any other security for the Obligations; (ii) apply such Collateral
or security and direct the order or manner of sale thereof as Secured Party may, from time to time, determine; and (iii) settle,
compromise, collect or otherwise liquidate any such Collateral or security in any manner following the occurrence of an Event of
Default, without affecting or impairing Secured Party's right to take any other further action with respect to any Collateral or
security or any part thereof. To the extent that applicable law imposes duties on Secured Party to exercise remedies in a commercially
reasonable manner, Debtor acknowledges and agrees that it is not commercially unreasonable for Secured Party: (a) to fail to incur
expenses reasonably deemed significant by Secured Party to prepare Collateral for disposition or otherwise to complete raw material
or work in process into finished goods or other finished products for disposition; (b) to fail to obtain third party consents for
access to Collateral to be disposed of, or to obtain or, if not required by other law, to fail to obtain governmental or third
party consents for the collection or disposition of Collateral to be collected or disposed of; (c) to fail to exercise collection
remedies against Account Debtors or other Persons obligated on Collateral or to remove liens or encumbrances on or any adverse
claims against Collateral; (d) to exercise collection remedies against Account Debtors and other Persons obligated on Collateral
directly or through the use of collection agencies and other collection specialists; (e) to advertise dispositions of Collateral
through publications or media of general circulation, whether or not the Collateral is of a specialized nature; (f) to contact
other Persons, whether or not in the same business as the Debtor, for expressions of interest in acquiring all or any portion of
the Collateral; (g) to hire one or more professional auctioneers to assist in the disposition of Collateral, whether or not the
collateral is of a specialized nature; (h) to dispose of Collateral by utilizing Internet sites that provide for the auction of
assets of the types included in the Collateral or that have the reasonable capability of doing so, or that match buyers and sellers
of assets; (i) to dispose of assets in wholesale rather than retail markets; (j) to disclaim disposition warranties; (k) to purchase
insurance or credit enhancements to insure Secured Party against risks of loss, collection or disposition of Collateral or to provide
to Secured Party a guaranteed return from the collection or disposition of Collateral; or (l) to the extent deemed appropriate
by Secured Party, to obtain the services of other brokers, investment bankers, consultants and other professionals to assist Secured
Party in the collection or disposition of any of the Collateral. Debtor acknowledges that the purpose of this section is to provide
non-exhaustive indications of what actions or omissions by Secured Party would not be commercially unreasonable in Secured Party’s
exercise of remedies against the Collateral and that other actions or omissions by Secured Party shall not be deemed commercially
unreasonable solely on account of not being indicated in this section. Without limitation upon the foregoing, nothing contained
in this section shall be construed to grant any rights to Debtor or to impose any duties on Secured Party that would not have been
granted or imposed by this Agreement or by applicable law in the absence of this section.

 

		7.17.	      To the extent that the Obligations are now or hereafter secured by property other than the Collateral
or by the guaranty, endorsement or property of any other Person, then Secured Party shall have the right in Secured Party’s
sole and exclusive discretion to determine which rights, security, liens, security interests or remedies Secured Party shall at
any time pursue, relinquish, subordinate, modify or take any other action with respect thereto, without in any way modifying or
affecting any of them or any of Secured Party’s rights hereunder or thereunder. Without limiting the generality of the foregoing,
Secured Party shall have no obligation to first dispose of any Collateral or any other collateral for the Obligations prior to
suing any guarantor or guarantors who has executed and delivered to Secured Party a guaranty of the Obligations, its being understood
and agreed that any such guaranty is a guaranty of payment and not a guaranty of collection.

 

		7.18.	      Secured Party is hereby granted a license or other right to use, following the occurrence and during
the continuance of an Event of Default, without charge, Debtor's labels, patents, copyrights, rights of use of any name, trade
secrets, trade names, trademarks, service marks, customer lists and advertising matter, or any property of a similar nature, as
it pertains to the Collateral, in completing production of, advertising for sale, and selling any Collateral, and Debtor’s
rights under all licenses and all franchise agreements shall inure to Secured Party’s benefit.

 

		7.19.	      Debtor waives demand, notice, protest, notice of acceptance of this Agreement, notice of Advances
made, credit extended, Collateral received or delivered or other action taken in reliance hereon and all other demands and notices
of any description. With respect to both the Obligations and the Collateral, Debtor assents to any extension or postponement of
the time of payment or any other indulgence, to any substitution, exchange or release of or failure to perfect any security interest
in any Collateral, to the addition or release of any Person primarily or secondarily liable, to the acceptance of partial payment
thereon and the settlement, compromising or adjusting of any thereof, all in such manner and at such time or times as Secured Party
may deem advisable. Secured Party shall have no duty as to the collection or protection of the Collateral or any income thereon,
nor as to the preservation of rights against prior parties, nor as to the preservation of any rights pertaining thereto beyond
the safe custody thereof as set forth in UCC Section 9-207. Debtor further waives any and all other suretyship defenses.

 

		7.20.	      Secured Party shall not be required to marshal any present or future collateral security (including,
but not limited to, this Agreement and the Collateral) for, or other assurances of payment of, the Obligations or any of them or
to resort to such collateral security or other assurances of payment in any particular order, and all of its rights hereunder and
in respect of such collateral security and other assurances of payment shall be cumulative and in addition to all other rights,
however existing or arising. To the extent that it lawfully may, Debtor hereby agrees that it will not invoke any law relating
to the marshalling of collateral which might cause delay in or impede the enforcement of Secured Party’s rights under this
Agreement, the Accounts Receivable Purchase Agreement or under any other Related Document or under which any of the Obligations
is outstanding or by which any of the Obligations is secured or payment thereof is otherwise assured, and, to the extent that it
lawfully may, Debtor hereby irrevocably waives the benefits of all such laws.

 

    	Page 13 of 18

    	 

    

 

		7.21.	      Secured Party’s failure at any time or times hereafter to require strict performance by Debtor
of any provision of this Agreement shall not waive, affect or diminish any right of Secured Party thereafter to demand strict compliance
and performance therewith. Any suspension or waiver by Secured Party of a default by Debtor under this Agreement shall not suspend,
waive or affect any other default by Debtor under this Agreement, whether the same is prior or subsequent thereto and whether of
the same or of a different kind or character. No delay, indulgence, or failure on Secured Party’s part in exercising any
right, privilege, or option hereunder shall operate as a waiver of such or of any other right, privilege, or option hereunder.
None of the undertakings, agreements, warranties, covenants and representations of Debtor contained in this Agreement and no Event
of Default by Debtor hereunder shall be deemed to have been suspended or waived by Secured Party unless such suspension or waiver
is in writing signed by an officer of Secured Party and directed to Debtor specifying such suspension or waiver, and then such
suspension or waiver shall be effective only for the specific purpose for which given.

 

		7.22.	      To the extent that Debtor or any other Obligor makes a payment or payments to Secured Party or
Secured Party receives any payment or proceeds of the Collateral for Debtor’s benefit, which payment(s) or proceeds or any
part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to
a trustee, receiver or any other party under any bankruptcy act, state or federal law, common law or equitable cause, then, to
the extent of such payment(s) or proceeds received, the Obligations or part thereof intended to be satisfied shall be reinstated
and shall continue in full force and effect, as if such payment(s) or proceeds had not been received by Secured Party.

 

		8.	Expenses. Upon demand, Debtor will reimburse Secured Party for all costs, fees, and expenses
incurred by Secured Party in connection with the negotiation, preparation and conclusion of this Agreement, the Accounts Receivable
Purchase Agreement and the other Related Documents, including, but not limited to, reasonable attorneys’ fees, including
paralegal fees, searches of the public records, audit fees, appraisal fees, title insurance fees and charges, all other fees, taxes
and filing or recording fees payable in connection with the transactions contemplated by this Agreement, the Accounts Receivable
Purchase Agreement and the other Related Documents, whether or not the transactions contemplated hereby shall be consummated (and
in addition thereto, all such fees and costs incurred by Secured Party in connection with all extensions, renewals and modifications
of the transactions contemplated by the Accounts Receivable Purchase Agreement). After the occurrence of an Event of Default, the
Debtor shall pay or reimburse Secured Party for all costs, fees and expenses incurred by Secured Party or for which Secured Party
becomes obligated in connection with the collection of the Obligations or enforcement of this Agreement, the Accounts Receivable
Purchase Agreement and the other Related Documents, or during any workout, restructuring, liquidation, wind-down or negotiations
in respect thereof, including reasonable attorneys’ fees and time charges of counsel to Secured Party, paralegal fee's plus
all search fees, court costs, and all other costs and expenses; and all taxes payable in connection with this Agreement, the Accounts
Receivable Purchase Agreement and the other Related Documents. In furtherance of the foregoing, the Debtor shall pay any and all
stamp and other taxes, UCC search fees, filing fees and other costs and expenses in connection with the Debtor’s execution
and delivery of this Agreement, the Accounts Receivable Purchase Agreement and the other Related Documents to be delivered hereunder,
and Debtor agrees to save and hold Secured Party harmless from and against any and all liabilities with respect to or resulting
from any delay in paying or omission to pay such costs and expenses. That portion of the Obligations consisting of costs, expenses
or advances to be reimbursed by the Debtor to Secured Party pursuant to this Agreement, the Accounts Receivable Purchase Agreement
and the other Related Documents which are not paid on or prior to the date hereof shall be payable by the Debtor to Secured Party
on demand. If at any time or times hereafter Secured Party: (a) employs counsel for advice or other representation: (i) with
respect to this Agreement, the Accounts Receivable Purchase Agreement or any other Related Documents; (ii) to represent Secured
Party in any litigation, contest, dispute, suit or proceeding or to commence, defend, or intervene or to take any other action
in or with respect to any litigation, contest, dispute, suit, or proceeding (whether instituted by Secured Party, the Debtor, or
any other Person) in any way or respect relating to this Agreement, the Accounts Receivable Purchase Agreement or any other Related
Document or the Debtor’s business or affairs; or (iii) to enforce any rights of Secured Party against the Debtor or
any other Person that may be obligated to Secured Party by virtue of this Agreement, the Accounts Receivable Purchase Agreement
or any other Related Document; (b) takes any action to protect, collect, sell, liquidate, or otherwise dispose of any of the
Collateral or any other collateral securing the Obligations; and/or (c) attempts to or enforces any of Secured Party’s
rights or remedies under this Agreement, the Accounts Receivable Purchase Agreement or any other Related Document or at law or
in equity, the costs and expenses incurred by Secured Party in any manner or way with respect to the foregoing, shall be part of
the Obligations, payable by the Debtor to Secured Party on demand, and secured by the Collateral. This Section 8 shall survive
termination of this Agreement.

 

    	Page 14 of 18

    	 

    

 

		9.	Notices. All notices and other communications provided for hereunder shall be given in writing
and shall be addressed to the Party intended to receive the same at its address hereinbefore set forth (or to such other and different
address as Debtor or Secured Party may designate pursuant to a written notice sent in accordance with the provisions hereof), and
will be deemed given, furnished or received: (i) when delivered at such address to such Party; or (ii) when received if deposited
in the United States mail as first-class registered or certified mail, return receipt requested, postage prepaid; or (iii) when
received if deposited at the office of a nationally recognized overnight delivery service; or (iv) when received if sent by facsimile
transmission and receipt confirmed. If Secured Party attempts to serve a notice or other communication on Debtor utilizing any
of the preceding notice methods and Debtor refuses to accept such notice or other communication, such notice or other communication
shall be deemed to have been received by Debtor at the time of such refusal.

 

		10.	Continuing Security Interest. This Agreement shall create a continuing security interest
in the Collateral and shall remain in full force and effect until payment in full of the Obligations and the termination of this
Agreement.

 

		11.	Severability. It is the parties' intention that this Agreement be interpreted in such a
way that it is valid and effective under applicable law. However, if one or more of the provisions of this Agreement shall for
any reason be found to be invalid or unenforceable, the remaining provisions of this Agreement shall be unimpaired.

 

		12.	Captions and Pronouns. The captions and headings of the various sections used in this Agreement
are for convenience only, and are not to be construed as confining or limiting in any way the scope or intent of the provisions
hereof. The meanings of defined terms in this Agreement are equally applicable to the singular and plural forms of the defined
terms. Whenever the context so requires, the neuter gender includes the masculine and feminine, the single number includes the
plural, and vice versa, and in particular the words "Debtor" and "Guarantor" shall be so construed.

 

		13.	Indemnity. In addition to all of the Debtor's other Obligations under this Agreement, the
Accounts Receivable Purchase Agreement or any Related Document, Debtor agrees to defend, protect, indemnify, pay and hold harmless
the Secured Party and its members, managers, officers, directors, employees, attorneys, consultants, agents and affiliates (collectively,
the "Indemnitees") from and against any and all losses, damages, liabilities, obligations, penalties, fees, costs, and
expenses (including, without limitation, attorneys' and paralegals' fees, costs and expenses) incurred by such Indemnitees, whether
prior to or from and after the loan disbursement hereunder, whether direct, indirect or consequential, as a result of or arising
from or relating to any suit, investigation, action or proceeding by any Person, whether threatened or initiated, asserting a claim
for any legal or equitable remedy against any Person under any statute or regulation (other than suits or other actions by Debtor
against an Indemnitee), including, without limitation, any federal or state securities or labor laws, or under any federal, state
or local environmental, health or safety laws, regulations, or common law principles, arising from or in connection with the past,
present or future operations of Debtor or its predecessors in interest, or the past, present or future environmental condition
of the Real Property), the presence of any Hazardous Materials on the Real Property, or the release or threatened release of any
Hazardous Materials into the environment from the Real Property, or under any common law or equitable cause or otherwise, arising
from or in connection with any of the following: (i) the negotiation, preparation, execution or performance of this Agreement,
the Accounts Receivable Purchase Agreement or of any Related Document, (ii) the Secured Party's furnishing of funds to Debtor under
the Accounts Receivable Purchase Agreement, including, without limitation, the management of the Accounts Receivable Purchase Facility,
or (iii) any matter relating to the financing transactions contemplated by the Accounts Receivable Purchase Agreement, this Agreement
or by any Related Document (collectively, the "Indemnified Matters"), provided, however, Debtor shall not be liable to
indemnify any Indemnitee for claims arising as a result of such Indemnitee's gross negligence or willful misconduct. Such indemnification
for all of the foregoing losses, damages, liabilities, obligations, fees, penalties, costs and expenses of Secured Party shall
be part of the Obligations. In no event shall the Secured Party be liable to Debtor for indirect, special, consequential or punitive
damages as a result of or arising from or relating to any suit, investigation, action or proceeding by Debtor against the Secured
Party.

 

		14.	Survival. All covenants, agreements, representations, warranties and indemnities made herein
and in the Accounts Receivable Purchase Agreement and all other Related Documents shall survive the consummation of the Accounts
Receivable Purchase Facility and shall continue in full force and effect for so long as the Accounts Receivable Purchase Facility
and any other Obligations remain outstanding and unpaid.

 

		15.	Assignability. The Secured Party may at any time assign the Secured Party's rights in this
Agreement, the Accounts Receivable Purchase Agreement, the other Related Documents, the Obligations, or any part thereof and transfer
the Secured Party's rights in any or all of the Collateral, and the Secured Party thereafter shall be relieved from all liability
with respect to such Collateral. The Debtor may not sell or assign this Agreement, or any other agreement with the Secured Party
or any portion thereof, either voluntarily or by operation of law, without the prior written consent of the Secured Party. This
Agreement shall be binding upon the Secured Party and the Debtor and their respective heirs, legal representatives, successors
and assigns. All references herein to Debtor shall be deemed to include any successors, whether immediate or remote. In the case
of a joint venture or partnership, the term "Debtor" shall be deemed to include all joint venturers or partners thereof,
who shall be jointly and severally liable hereunder.

 

		16.	Time of Essence. Time is of the essence in making payments of all amounts due the Secured
Party under this Agreement, the Accounts Receivable Purchase Agreement and all other Related Documents and in the performance and
observance by the Debtor of each covenant, agreement, provision and term of this Agreement, the Accounts Receivable Purchase Agreement
and all other Related Documents.

 

    	Page 15 of 18

    	 

    

 

		17.	Counterparts.  This Agreement may be executed in any number of counterparts and by
different parties hereto in separate counterparts, each of which when so executed and delivered shall be deemed to be an original
and all of which taken together shall constitute one and the same instrument.

 

		18.	Power of Attorney.

 

		18.1.	      Appointment and Powers of Secured Party. Debtor hereby irrevocably constitutes and appoints
the Secured Party and any officer or agent thereof, with full power of substitution, as its true and lawful attorneys-in-fact with
full irrevocable power and authority in the place and stead of Debtor or in the Secured Party's own name, for the purpose of carrying
out the terms of this Agreement, to take any and all appropriate action and to execute any and all documents and instruments that
may be necessary or desirable to accomplish the purposes of this Agreement and, without limiting the generality of the foregoing,
hereby gives said attorneys the power and right, on behalf of Debtor, without notice to or assent by Debtor, to do the following:

 

		18.2.	      upon the occurrence and during the continuance of a Default or an Event of Default, generally to
sell, transfer, pledge, make any agreement with respect to or otherwise deal with any of the Collateral in such manner as is consistent
with the UCC (or other applicable uniform commercial code) and as fully and completely as though the Secured Party were the absolute
owner thereof for all purposes, and to do at the Debtor's expense, at any time, or from time to time, all acts and things which
the Secured Party deems necessary to protect, preserve or realize upon the Collateral and the Secured Party's security interest
therein, in order to effect the intent of this Agreement, all as fully and effectively as the Debtor might do, including, without
limitation, (i) the filing and prosecuting of registration and transfer applications with the appropriate federal or local agencies
or authorities with respect to trademarks, copyrights and patentable inventions and processes, (ii) upon written notice to the
Debtor, the exercise of voting rights with respect to voting securities, which rights may be exercised, if the Secured Party so
elects, with a view to causing the liquidation in a commercially reasonable manner of assets of the issuer of any such securities
and (iii) the execution, delivery and recording, in connection with any sale or other disposition of any Collateral, of the endorsements,
assignments or other instruments of conveyance or transfer with respect to such Collateral; and

 

		18.3.	      to the extent that the Debtor's authorization given in Section 1.6 hereof is not sufficient, to
file such financing statements with respect hereto, with or without the Debtor's signature, or a photocopy of this Agreement in
substitution for a financing statement, as the Secured Party may deem appropriate and to execute in the Debtor's name such financing
statements and amendments thereto and continuation statements which may require the Debtor's signature.

 

		18.4.	      Ratification by Debtor.  To the extent permitted by law, Debtor hereby ratifies
all that said attorneys shall lawfully do or cause to be done by virtue hereof. This power of attorney is a power coupled with
an interest and shall be irrevocable.

 

		18.5.	      No Duty on Secured Party.  The powers conferred on the Secured Party hereunder
are solely to protect its interests in the Collateral and shall not impose any duty upon it to exercise any such powers. The Secured
Party shall be accountable only for the amounts that it actually receives as a result of the exercise of such powers and neither
it nor any of its officers, directors, employees or agents shall be responsible to the Debtor for any act or failure to act, except
for the Secured Party's own gross negligence or willful misconduct.

 

		19.	Performance of Debtor's Duties. If not discharged or paid when due, Secured Party may (but
shall not be obligated to) discharge or pay any amounts required to be discharged or paid by Debtor under this Agreement, including,
without limitation, all taxes, liens, security interests, encumbrances, and other claims, at any time levied or placed on the Collateral.
Secured Party may also (but shall not be obligated to) pay all costs for insuring, maintaining and preserving the Collateral. All
such expenditures incurred or paid by Secured Party for such purposes will then bear interest at the Default Rate from the date
incurred or paid by Secured Party to the date of repayment by Debtor. All such expenses shall automatically become a part of the
Obligations secured hereby, and, at Secured Party's option, will be payable on demand.

 

		20.	Facsimile Signatures. The Secured Party is hereby authorized to rely upon and accept as
anoriginal any Related Documents or other communication which is sent to the Secured Party by facsimile, telegraphic or other electronic
transmission (each, a "Communication") which the Secured Party in good faith believes has been signed by Debtor and has
been delivered to the Secured Party by a properly authorized representative of Debtor, whether or not that is in fact the case.
Notwithstanding the foregoing, the Secured Party shall not be obligated to accept any such Communication as an original and may
in any instance require that an original document be submitted to the Secured Party in lieu of, or in addition to, any such Communication

 

		21.	Entire Agreement. This Agreement, together with the Accounts Receivable Purchase Agreement
and other Related Documents, constitute the entire understanding and agreement of the parties as to the matters set forth in this
Agreement. No alteration of or amendment to this Agreement shall be effective unless given in writing and signed by the party or
parties sought to be charged or bound by the alteration or amendment. No amendment or waiver of any provision of this Agreement
nor consent to any departure by Debtor herefrom shall in any event be effective unless the same shall be given in writing and signed
by the Secured Party and Debtor, and then such waiver or consent shall be effective only in the specific instance and for the specific
purpose for which given.

 

    	Page 16 of 18

    	 

    

 

		22.	Governing Law; Consent to Jurisdiction. This Agreement shall be governed by, construed and
enforced pursuant to the laws of the State of Illinois, excluding choice of law principles. At Secured Party's sole and exclusive
election, the Circuit Court of Cook County, Illinois or Lake County, Illinois shall be the chosen forum for any disputes that the
Parties cannot resolve among themselves. The aforesaid notwithstanding, Debtor further agrees that Secured Party's shall have the
right to proceed against Debtor or Debtor's property in a court in any location necessary to enable Secured Party to obtain a judgment
against Debtor or to realize upon any Collateral or any other security for the Obligations, or to enforce a judgment or other court
order entered in Secured Party's favor. Debtor shall indemnify Secured Party for all costs and expenses (including reasonable attorneys'
fees, paralegal fees, court costs and related expenses) incurred by Secured Party in connection with any such action(s). In the
alternative, at Secured Party's sole option, Debtor shall promptly deposit with Secured Party from time to time, such amounts deemed
necessary by Secured Party to cover such costs and expenses of Debtor, including, without limitation, attorney's fees, paralegal
fees, court costs and related expenses, and if such deposits are not promptly made, Secured Party is hereby authorized to deduct
such costs and expenses from amounts owed by Secured Party to Debtor hereunder.

 

		23.	WAIVER OF JURY TRIAL.      DEBTOR AND SECURED PARTY EACH WAIVES ITS RIGHT TO A JURY TRIAL WITH
RESPECT TO ANY ACTION OR CLAIM ARISING OUT OF ANY DISPUTE IN CONNECTION WITH THIS AGREEMENT, ANY RIGHTS OR OBLIGATIONS HEREUNDER
OR THE PERFORMANCE OF ANY SUCH RIGHTS OR OBLIGATIONS. Except as prohibited by law, the Debtor waives any right which it may have
to claim or recover in any litigation referred to in the preceding sentence any special, exemplary, punitive or consequential damages
or any damages other than, or in addition to, actual damages. Debtor (i) certifies that neither Secured Party nor any representative,
agent or attorney of Secured Party has represented, expressly or otherwise, that Secured Party would not, in the event of litigation,
seek to enforce the foregoing waivers and (ii) acknowledges that, in entering into this Agreement, the Accounts Receivable Purchase
Agreement and the other Related Documents to which Secured Party is a party, Secured Party is relying upon, among other things,
the waivers and certifications contained in this paragraph.

 

		24.	WAIVER OF BOND.       DEBTOR WAIVES THE POSTING OF ANY BOND OTHERWISE REQUIRED OF THE SECURED
PARTY IN CONNECTION WITH ANY JUDICIAL PROCESS OR PROCEEDING TO OBTAIN POSSESSION OF, REPLEVY, ATTACH, OR LEVY UPON COLLATERAL OR
OTHER SECURITY FOR THE OBLIGATIONS TO ENFORCE ANY JUDGMENT OR OTHER COURT ORDER ENTERED IN FAVOR OF THE SECURED PARTY, OR TO ENFORCE
BY SPECIFIC PERFORMANCE, TEMPORARY RESTRAINING ORDER, PRELIMINARY OR PERMANENT INJUNCTION, THIS AGREEMENT, THE ACCOUNTS RECEIVABLE
PURCHASE AGREEMENT OR ANY OF THE OTHER RELATED DOCUMENTS.

 

[SIGNATURE PAGE FOLLOWS]

 

    	Page 17 of 18

    	 

    

 

IN WITNESS WHEREOF,
the Debtor and the Secured Party have caused this Agreement to be duly executed and delivered as of the date first above written.

 

	Focus Fiber Solutions, LLC	 
	A Delaware limited liability company	 
	 	 
	By: Optos Capital Partners, LLC,	 
	A Delaware limited liability company,	 
	Its Managing Member	 
	 	 
	/s/ Christopher Ferguson	 
	 	 
	By:	 	 
	 	 
	Christopher Ferguson, Manager	 
	 	 
	/s/ LeLainya Ferguson	 
	 	 
	By:	 	 
	 	 
	LeLainya Ferguson, Manager	 
	 	 
	SECURED PARTY:	 
	 	 
	Franklin Capital Holdings LLC, 	 
	A Delaware limited liability company	 
	 	 
	/s/ David Fink	 
	 	 
	By:	 	 
	 	 
	Name: David Fink	 
	Title: President	 

 

    	Page 18 of 18SALE AND PURCHASE AGREEMENT

 

DATED July 7, 2011

 

 

TOWNSEND CAREERS, LLC

1866 Leithsville Road Suite 225

Hellertown, PA 18055

 

Ladies and Gentlemen:

 

This
letter will set forth the agreement between AGR Funding, Inc. (together with its successors and assigns, "AGR") and TOWNSEND
CAREERS. LLC. a limited liability company organized and existing under the laws of Maryland (the "Client"), with respect
to the terms upon which AGR may purchase accounts receivable from the Client

 

I.           Receivables
to be Offered; Procedures for Purchase.

 

A.          Upon
the terms and conditions provided herein, the Client will from time to time offer to sell and assign to AGR, on an exclusive basis
(except to the extent otherwise agreed in writing by AGR) and AGR shall purchase (to the extent set forth herein), all of those
certain present and future accounts receivable, contract rights and other obligations for payment of money (the "Receivables"),
owing to the Client arising out of the sale or license of goods or other property by Client or the performance by Client (including,
without limitation, by employees, agents, independent contractors or other personnel employed by Client or contracted for by Client)
of temporary or personnel services for any third party approved by AGR (each, a "Debtor"}. The Receivables purchased
by AGR shall be identified from time to time in an assignment (each, an "Assignment") substantially in the form of Exhibit
A.

 

B.          Information
with respect to each Receivable proposed for purchase by AGR shall be transmitted to AGR electronically pursuant to instructions
provided from time to time by AGR or in any other medium acceptable to AGR Simultaneously with providing such information, the
Client shall deliver to AGR copies of invoices with respect to such Receivables, in the same order as presented in the electronic
transmission, which shall, upon AGR's request, be accompanied by a copy of the Internal Revenue Service tax deposit forms and an
original of the deposit receipts, stamped by a depository bank, evidencing all prior weeks' tax deposits since the most recent
delivery of such information hereunder and any other information as requested by AGR from time to time.

 

C.          The
Client shall offer the Receivables to AGR by providing the information referred to in Section I(B). Upon review of such information,
AGR shall determine which Receivables shall be purchased (the "Purchased Receivables") and shall send to the Client the
fully completed Assignment with respect to such Purchased Receivables, except the individual invoices need not be listed thereon.
The Client shall promptly execute and return the Assignment to AGR upon Client's approval of the terms thereof. AGR shall promptly
attach to each Assignment a listing of the invoices covered thereby, and the Client hereby authorizes AGR to attach such listing.

 

D.          AGR
hereby agrees that, to the extent that (i) Receivables offered by the Client are otherwise in compliance with the terms and provisions
of this Agreement, including, without limitation, the representations contained herein, (ii) the Client is not an Impaired Client
(as defined below) at such time, and (iii) AGR has approved such Debtor and AGR's then existing internal credit limits with respect
to the Debtor of such Receivables will not be exceeded, AGR will purchase Receivables from the Client for the term of this Agreement
set forth in Section XII hereof, provided, however, under no circumstances shall AGR be obligated to purchase Receivables if, after
giving effect to such purchase, the Aggregate Advance Exposure (as defined in Section II(D)) of all Receivables purchased from
the Client outstanding on such date exceeds $1.000.000 or such higher amount as AGR in its sole discretion shall approve (the "Credit
Limit).

 

    	 

    	 

    
 

E.          As
used herein, "Impaired Client" means the Client at such time as any of the following events shall have occu1red and be
continuity with respect to Client default in payment of any amount due hereunder to AGR, whether on demand or otherwise; suspension
or liquidation by the Client of its usual business or suspension or expulsion of the Client from any exchange; calling of a meeting
of creditors; assignment by the Client for the benefit of creditors; dissolution, bulk sale or notice thereof effected or given
by the Client; creation of a security interest in any assets of the Client which are or shall be subject to liens granted to AGR
by the Client without consent of AGR; insolvency of any kind, attachment, distraint, garnishment, levy, execution, judgment, application
for or appointment of a receiver or custodian, filing of a voluntary or involuntary petition under any provision of the U.S. Bankruptcy
Code or amendments thereto, of, by or against the Client or any property or rights of the Client; filing of a petition or institution
of any proceeding by or against the Client for any relief under any bankruptcy or insolvency laws or any laws relating to the relief
of debtors, readjustment of indebtedness, reorganizations, compositions or extensions; any governmental authority or any court
at the instance of any governmental authority shall take possession of any substantial part of the property of the Client or shall
assume control over the affairs or operations of the Client; any statement, representation or warranty made by the Client in any
document, agreement or financial statement delivered to AGR shall prove to be false in any material respect when made; failure
of the Client or any other party thereto to comply with any term of this Agreement or any other document or agreement executed
in connection herewith (collectively, the "Purchase Documents"); failure of the Client, on request, to furnish to AGR
any financial information, or to permit inspection by AGR of any books or records; any change in, or discovery with regard to,
the condition or affairs of the Client which, in AGR's opinion, increases its risk; or if AGR for any other reason deems itself
insecure; or if any event set forth above shall occur with respect to any guarantor of the Client's obligations under this Agreement
or any Purchase Document.

 

F.          The
sale of the Purchased Receivables includes all accounts, payment intangibles and general intangibles, all supporting obligations
and letter-of-credit rights relating thereto, all rights, remedies, guaranties, security interests and liens, all records (including
computer records), notes, instruments, chattel paper and other property evidencing any of the foregoing and all proceeds of any
of the foregoing which relate to or are associated with such Purchased Receivables (collectively, the "Transferred Property").

 

G.          All
invoices with respect to Receivables sent by the Client to Debtors shall show on the face thereof the following legend and Client
shall not change such legend or permit any Debtor to deviate from the payment instructions therein:

 

This Receivable has been
assigned to and is owned by or subject to a security interest of AGR Funding, Inc. and is payable only in United States Dollars.
All payments shall be made to AGR Funding,Inc.and sent to Post Office Box 52235 Newark, NJ 07101-0220.

 

II.          Purchase
Price, etc.

 

A.          The
purchase price (the "Purchase Price") for each Receivable purchased by AGR will be paid in the following two components:
(i) an initial cash amount (the "Advance Amount") equal to the percentage (the "Advance Rate") as set forth
from time to time in each Assignment multiplied by the net face amount of each Purchased Receivable less all discounts (calculated
on shortest terms), credits and allowances of any nature at any time issued, owed or claimed by Debtors (the "Gross Amount");
and (ii) a Reserve (as hereinafter defined) in all amounts collected with respect to such Receivable in excess of the Break-even
Point (as hereinafter defined) with respect thereto.

 

The Advance Rate shall be up
to 85%.

 

B.          The
Reserve will be any amounts collected in excess of the Break-even Point and will be determined separately for each Receivable purchased
from the Client, in accordance with the applicable Assignment, except as set forth in Section II(C).

 

    	 

    	 

    
 

C.          The
"Break-even Point" with respect to a Receivable will be an amount equal to the Advance Amount plus the Initial Fee (as
defined below) applicable thereto and any other charges, costs, and fees agreed to by Client and AGR (the "Other Fees");provided
however, that after the Client has ceased selling Receivables to AGR or AGR has ceased purchasing Receivables from the Client,
unless such event has been caused by the Credit Limit set forth in Section I(D), AGR shall have the right at any time thereafter
to combine all Receivables and treat such Receivables as a single combined Receivable, at which time the Break-even Point will
become the total Advance Amount plus the total Initial Fees and Other Fees for such combined Receivables.

 

D.          As
of any date of determination, the "Aggregate Advance Exposure" will be an amount equal to the aggregate of the Advance
Amounts of all Receivables which have not yet reached the Break-even Point, less any collections with respect to such Receivables.

 

E.          The
Client shall pay to AGR an initial fee (the "Initial Fee") equal to the Gross Amount of the Purchased Receivables included
in each Schedule multiplied by the applicable percentage set forth in the Grid below opposite the applicable Gross Amount of such
Purchased Receivables in such Schedule, provided that:

 

		(a)	if in any week, only one Schedule shall be purchased by AGR, the Gross Amount
of the Purchased Receivables included therein shall determine the applicable percentage below; and

		(b)	if in any week, more than one Schedule shall be purchased by AGR, the following
provisions shall apply:

		(i)	no change in any Initial Fee previously calculated during
such week for other Schedules shall occur when any additional Schedule or Schedules is purchased by AGR; and

		(ii)	if any additional Schedule or Schedules is purchased by AGR, upon each such
purchase, the Gross Amount of Purchased Receivables in such Schedule shall be added to the Gross Amount in other Schedules previously
purchased in the same week, and the sum of such Gross Amounts shall be used to determine the applicable Initial Fee under the Grid
below for purposes of such Schedule only.

 

Such
Initial Fee may be deducted from the collections on Receivables and retained by AGR but shall be fully earned and non-refundable
upon purchase by AGR of such Schedule:

 

	Percentage 	Weekly Volume
	 	 
	1.40%	Up to $49,999
	 	 
	1.20%	$50,000 to $99,999
	 	 
	1.10%	$100,000 and above

 

 

The
percentages set forth above in this paragraph E for calculation of the Initial Fee shall be subject to adjustment from time to
time as calculated by AGR (such calculation to be conclusive and binding absent manifest error) in the event that the Prime Rate
(as defined below) shall increase above 3.25% per annum.

 

F.          The
parties hereby acknowledge and agree that the Purchase Price has been calculated to take into account any services provided by
the Client with respect to Purchased Receivables, and no other amount with respect to the providing of services for any Schedule
shall be payable to the Client.

 

    	 

    	 

    
 

G.          The
Client acknowledges and agrees that the Advance Rate and percentage used for caleulating the Initial Fee may be changed from time
to time in the sole discretion of AGR. Without limiting the foregoing, at any time Client is an Impaired Client, the percentage
for calculating the Initial Fee shall automatically increased to 1.75% and the daily percentage finance charge referred
to in IIH shall be automatically increased to .058%, in each case without notice to or consent of Client.

 

H.          In
the event that any Purchased Receivable shall not be paid within thirty (30) days after the date of payment of the initial Advance
Amount with respect to such Receivable, the Client shall pay to AGR a daily percentage finance charge equal to the Percentage,
set forth below opposite the Initial Fee which applied to the Receivable, subject to adjustment from time to time as calculated
by AGR (such calculation to be conclusive and binding absent manifest error) in the event that the prime rate of interest established
from time to time by Sovereign Bank shall increase above 3.25% per annum, on the unpaid amount of such Purchased Receivable
for the period from and including the thirtieth (30th) day after such date of payment until the earlier of the payment thereof
and the date the Break-even Point is reached with respect to the Receivables which included such Purchased Receivables. The Percentages
shall be as follows:

 

	Percentage	Initial Fee
	 	 
	.0467%	1.40%
	.0400%	1.20%
	.0367%	1.10%

 

Ill.           
Certain Procedures.

 

A.          AGR
will transmit by wire or, if requested by Client, by check the Advance Amount of the Purchase Price for each Purchased Receivable
on the next business day following the business day of AGR's receipt of the Assignment covering such Receivable executed by the
Client or, if such Assignment is received after 1:00 p.m., on the second business day thereafter (a "Purchase Date").
All bank charges, wire and other transfer charges are for the account of the Client and payable on demand by AGR.

 

B.           Upon
such payment, the Client will have sold to AGR all of the Client's right, title and interest in such Purchased Receivables and
other Transferred Property and in any proceeds thereof, and AGR will be the sole and absolute owner thereof and will own all of
the Client's rights and remedies represented by such Purchased Receivables (including, without limitation, rights to direct or
indirect payment from the respective Debtors on such Purchased Receivables), and AGR will have obtained all of the Client's rights
under all supporting obligations, guarantees, assignments and securities with respect to each Purchased Receivable.

 

C.           The
Client irrevocably authorizes AGR to file all required Uniform Commercial Code releases or financing statements in favor of AGR.

 

IV.           Collection
and Servicing of Purchased Receivables.

 

A.
          Prior to the sale of any Receivable hereunder, AGR shall establish
an account for all of Client's Receivables (the "Lockbox Account") which may include other deposits of AGR, at Bank of
New York or at such other bank as AGR may determine (the "Lockbox Bank"), and shall enter into an agreement relating
thereto in form and substance satisfactory to AGR and the Lockbox Bank. The Lockbox Account shall be an account in the name of
AGR or its designee, and shall be the sole and exclusive property of AGR and its designee. The Client shall be responsible for
all charges in connection with the Lockbox Account which relate to Receivables including, without limitation, wire and other transfer
charges and all such charges shall be payable upon demand by AGR.

 

B.           In
the event that the Client directly receives any payments in respect of Purchased Receivables, the Client shall within two (2) Business
Days after receipt thereof (i) deposit in the Lockbox Account all such payments on Purchased Receivables and (ii) send to AGR or
its designee all remittance

advices accompanying such payments or, if no
such remittance advice accompanied any such payment, notice of the amount so received.

 

    	 

    	 

    
 

C.          Upon
AGR's receipt of a remittance advice from the Lockbox Bank confirming that it has received payments on Receivables purchased, funds
will be posted by AGR (the "Application of Payments"), to the specific Receivable paid provided, however, that for purposes
of calculating the Finance Charge, such funds will be deemed to be posted on the second succeeding business day. Such funds wm
be retained by AGR until the Break-even Point with respect to such Receivable is reached. Thereafter, such amounts shall be payable
to Client as the Reserve promptly after receipt thereof (subject, in each case, to permitted offsets under this Agreement) on each
Friday or if such day is not a business day, the next succeeding business day (each a "Settlement Date").

 

D.          On
each Settlement Date, AGR will deliver to the Client reports (the “Settlement Reports") substantially in the form of
Exhibit B hereto. Each Settlement Report will set forth AGR's Application of Payments with respect to each Receivable paid together
with a list of Ineligible Receivables (as defined in Section VI below). Such Settlement Report may also list those Receivables
with respect to which AGR has been unable to make a determination as to their continuing eligibility (the "Outstanding Receivables").
In the event that Client has not disputed the Application of Payments contained in any Settlement Report within thirty (30) business
days after its receipt by Client, then all such undisputed Application of Payments shall be deemed final.

 

E.           The
Client shall be responsible for servicing and collection of Purchased Receivables subject to the terms and conditions of a Servicing
Agreement, dated as of the date hereof by and between the Client, as primary servicer (the "Primary Servicer''), and AGR.
AGR shall have the right, upon the terms and conditions set forth in such Servicing Agreement, to terminate such Servicing Agreement
and to designate a "Back-up Servicer'' which may be AGR.

 

V.           Misdirected Payments;
Erroneous Payments.

 

A.
          If a Debtor shall make payment of a Purchased Receivable to the Client
or to a person or location other than as provided in the invoice therefor ("Misdirected Payments"), the Client (at its
own cost and expense) shall promptly take all necessary steps to effect collection of such Misdirected Payment from any other party
claiming an interest therein or having possession thereof and (i) hold such payment in trust for AGR, (ii) segregate such payment
and not deposit such payment in the Client's own account, nor commingle such payment with the Client's own funds or other assets
and (iii) deliver such payment no later than the close of business on the day of receipt to the Lockbox Account.

 

B.           The
Client agrees to pay, on demand, a finance charge on any Misdirected Payment received by the Client that is not deposited in the
Lockbox Account within 48 hours after receipt by the Client during the period from the Client's receipt thereof until such payment
is deposited at a rate per day equal to .058 percent, but in no event in excess of the maximum rate permitted under applicable
law (the "Interest Rate"). Charges made under this Section V(B) shall be in addition to, and not in substitution to,
any other fees and charges under this agreement.

 

C.          If
AGR shall receive any payment from any Debtor of any receivable or claim not included as a Purchased Receivable ("Erroneous
Payment"), AGR shall, upon identification of such Erroneous Payment by Client, and confirmation by AGR (at the sole cost and
expense of Client) that such is an Erroneous Payment, use its best efforts to promptly take all necessary steps to deliver or remit
funds equal to the amount of such Erroneous Payment to Client on the next Settlement Date.

 

D.
          The Client will cooperate with AGR and its agents in the identification
of sums deposited into the Lockbox Account, which cooperation shall continue until all Purchased Receivables sold hereunder have
been collected. In the event any sums deposited into the Lockbox Account cannot be identified to the satisfaction of AGR, such
sum shall be posted to the appropriate Purchased Receivable as determined by AGR in its sole discretion.

 

    	 

    	 

    
 

VI.           Ineligible and Defaulted Receivables.

 

A.           If a breach of any of the representations
or warranties contained herein relating to a Purchased Receivable (each, an "Ineligible Receivable'1shall be discovered at
any time prior to the date the Break even Point is reached with respect to such Purchased Receivable, the Client shall cure such
breach in accordance with this Section VI. If any Purchased Receivable shall not be paid in full within 90 days following its original
invoice date, such Purchased Receivable shall be treated as a Defaulted Receivable hereunder.

 

B.          The
Client shall, on the next Settlement Date after discovery of an Ineligible or Defaulted Receivable or in the absence of a Settlement
Date, promptly upon demand, repurchase any Ineligible or Defaulted Receivable (a "Repurchased Receivable") from AGR at
a repurchase price (the "Repurchase Price") equal to (i) the Break-even Point determined for such Repurchased Receivable,
less (ii) any amount collected by AGR with respect to such Ineligible or Defaulted Receivable (which amount AGR shall retain),
plus (iii) interest equal to the Interest Rate on such difference of (i) minus (ii) for each day from the earlier of either the
Settlement Date that payment of the Repurchase Price is due or the date the Repurchase Price is demanded to but excluding the date
the Repurchase Price is paid. The Break-even Point for any such Repurchased Receivable shall be the Advance Amount for such Repurchased
Receivable plus the Initial Fee with respect thereto.

 

C.          Upon
payment of the Repurchase Price, AGR shall be deemed to have resold the Ineligible or Defautted Receivable, including any Transferred
Property with respect thereto, to the Client without any representation, warranty or recourse whatsoever, and shall have no further
obligation to the Client with respect to such Repurchased Receivable, but such resale shall not affect or impair any security interest
therein held by AGR or AGR's rights under Section II(H). AGR shall take such actions as may be reasonably required to reassign
an Ineligible or Defaulted Receivable to the Client. In addition to all other rights and remedies available to AGR at law or in
equity, AGR may offset against any amounts it owes the Client under this Agreement any amounts due AGR with respect to Repurchased
Receivables.

 

D.          If
after receipt of any payment of all or any part of the Repurchase Price for any Repurchased Receivable, AGR is compelled to surrender
such payment to any person or entity because such payment is determined to be void or voidable as a preference, impermissible set-off,
or for any other reason caused by or related to the Client, the Client shall be liable to AGR for, and shall indemnify and hold
AGR harmless for, the amount of such payment surrendered and any damages resulting therefrom. The Client's obligations under this
Section VI(D) shall survive any termination of this Agreement.

 

VII.          Closing
Costs.

 

A.           Closing
costs of approximately $1,500.00 as set forth in a closing cost statement prepared by AGR will be subtracted from the initial Advance
Amount. Closing costs include but are not limited to the expense of AGR's site review, legal, accounting and other expert fees
and expenses, fees and expenses

arising from the development
of the electronic or manualinterface with AGR or its designee, as well as the costs of administration and documentation.

 

B.          Any
filing fees and filing taxes relating to filing UCC Financing Statements, UCC Terminations and UCC Releases required to be filed
by AGR shall be paid by Client or reimbursed to AGR at closing.

 

VIII.       Representations
and Warranties. The Client represents and warrants to AGR as set forth in Exhibit C annexed hereto and made a part hereof.

 

IX.          Covenants. The Client covenants and agrees with
AGR as follows:

 

A.          From time to time, upon
reasonable request, the Client will provide AGR with any additional information, will execute and deliver to AGR any additional
agreements, instruments, documents or financing statements and will take all actions deemed by AGR as necessary or desirable to

effectuate
the provisions of the Purchase Documents, to evidence, protect and perfect the assignment of the title to the Purchased Receivables
and to facilitate the collection of the Purchased Receivables. Without limiting the foregoing, such documents shall include any
documents requested by AGR to permit AGR to detemnine the Client's tax status by direct access to the Internal Revenue Service.

 

    	 

    	 

    
 

B.          With
respect to each Receivable purchased hereunder, each of AGR and the Back-up Servicer described in the Servicing Agreement, and
their agents and representatives are hereby irrevocably constituted and designated as the Client's attorneys-in-fact, which irrevocable
power of attorney is coupled with an interest, (i) to endorse or sign the Client's name to remittances, invoices, assignments,
checks, drafts or other instruments or documents in respect of the Receivables, (ii) to notify Debtors to make payments on the
Receivables directly to AGR, and (iii) to bring suit in the Client's or their name and to settle or compromise such Purchased Receivables
as AGR or the Back-up Servicer may, in its discretion, deem appropriate.

 

C.          The
Client will pay all AGR's costs and expenses, including, without limitation,reasonable attorneys' fees and expenses, which may
be expended or incurred by or on behalf of AGR in connection with the preparation or administering of this agreement and other
Purchase Documents or enforcing or attempting to enforce any of AGR's rights against the Client under this agreement or the Purchase
Documents, including, without limitation, quarterly field audit costs, all of which costs and expenses if not paid within ten (10)
business days after written demand shall bear interest at the Interest Rate for each day to but excluding the payment date.

 

D.          The
Client will (i) treat transfers to AGR of Receivables and Transferred Property hereunder as a sale for all purposes, including
tax and accounting (and shall accurately reflect such sale in its financial statements), and will advise all persons who inquire
about the ownership of such Receivables that they have been sold to AGR; (ii) not treat any such Receivables as an asset on the
Client's books and records;(iii) record in Client's books, records and computer files that such Receivables have been sold to AGR;
(iv) pay all taxes, if any, relating to the transfer of such Receivables to AGR; (v) not assign or grant any security interest
in any Receivables except to AGR; (vi) in the event AGR collects any Receivables, not impede or interfere with AGR's collection
of such Receivables; (vii) not amend, waive or otherwise pemnit or agree to any deviation from the temns or conditions of such
Receivables; and

(viii) promptly bill Receivables on the same bases
and using the same policies and practices that tt has used in the past unless AGR has been advised in writing of a change prior
to the purchase of such Receivables. AGR or its designated representatives from time to time may contact Debtors to verify Receivables
and payments thereof, inspect, check, take copies of or extracts from the Client's books, records and files, and the Client will
make the same available to AGR or such representatives at any reasonable time for such purposes at Client's expense.

 

E.          If deemed necessary by AGR or the Back-up Servicer and upon reasonable notice, the Client agrees that AGR or the Back-up Servicer,
upon the request of AGR, will be pemnitted to have at least one of its agents or representatives physically present in the Client's
administrative offices during normal business hours to assist and/or monitor the Client in perfomning its obligations under this
Agreement.

 

F.          So
long as this Agreement is in effect, the Client will deliver to AGR (i) within 45 days after the
end of each fiscal quarter, the Client's consolidated and consolidating financial statements for such period and for that portion
of its fiscal year through the end of such period, certified by its chief financial officer, (ii) within 90 days after the end
of the Client's fiscal year, the Client's audited annual consolidated and unaudited consolidating financial statements for such
year (or if such statements are not audited, statements certified by the Client's chief financial officer), and (iii) promptly
upon request, such other information concerning the Client as AGR may from time to time request. All financial statements delivered
to AGR will be prepared in accordance with generally accepted accounting principles consistently applied and on a basis consistent
with those previously submitted to AGR. The Client will not change its accounting coding system for its Receivables without prior
written notification to AGR of such change.

 

    	 

    	 

    
 

G.          The Client shall promptly notify AGR in the event of any action, sun, proceeding, dispute,
offset, deduction, defense or counterclaim that is or may be asserted by a Debtor wHh respect to any Purchased Receivable or upon
the occurrence of any event of default under any loan agreement or note to which the Client is a party or by which it is bound.
The Client shall make all payments to the Debtors necessary to prevent the Debtors from offsetting any earlier overpayment to the
Client or other obligation of the Client against any amounts the Debtors owe on any Purchased Receivables.

 

H.          The
Client shall execute and deliver to AGR a security agreement, in form and substance acceptable to AGR, granting to AGR a first
priorny security interest in and to any and all of the Client's personal property and assets and all the proceeds thereof, as security
for any and all obligations the Client may owe AGR hereunder.

 

I.           (i)
The Client shall notify AGR in writing at least 30 days prior to any change in the location of the Client's principal place of
business, chief executive office or any other locations where the Client maintains any assets or records with respect to its accounts.

 

             (ii) The Client shall not
change the name of the Client as set forth at the beginning of this Agreement, or its type of organization, state of organization
or organizational identification as set forth under its signature pages hereto.

 

X.          Security
Interest. In the event that, contrary to the mutual intent of the Client and AGR, any purchase of Purchased Receivables is not
characterized as a sale, the Client shall, effective as of the date hereof, be deemed to have granled (and the Client does hereby
grant) to AGR a first priority security interest in and to any and all the Purchased Receivables, the Transferred Property and
the proceeds thereof to secure the repayment of all amounts advanced to the Client hereunder with accrued interest thereon, and
this Agreement shall be deemed to be a security agreement. With respect to such grant of a
security interest, AGR may at its option exercise from time to time any and all rights and remedies available to it under the New
York Uniform Commercial Code (the "UCC") or otherwise. The Client agrees that ten (10) business days shall be
reasonable prior notice of the date of any public or private sale or other disposition of all or
part of the Purchased Receivables.

 

Terms used herein which are defined in the UCC shall have the
meanings ascribed thereto in the UCC.

 

XI.
          Remedies. Each of AGR's rights and remedies under this Agreement is
cumulative, and such rights and remedies are in addition to and not by way of limitation of any other rights or remedies AGR may
have under applicable law. AGR shall have the right, in AGR's sole discretion, to determine which rights and remedies, and in which
order any of the same, are to be exercised. No act, failure or delay by AGR shall constitule a waiver of any of AGR's rights and
remedies.

 

XII.          Term
and Termination. The term of this Agreement shall be 24 months from the date of the first purchase by AGR of a Receivable
hereunder and shall be renewable automatically for successive 24 month terms unless either the Client or AGR shall have notified
the other party, not less than 90 days prior to the expiration of the current term of this Agreement, of its intention not to renew
such term. However, AGR may terminate this Agreement at any time upon notice to the Client in the event that AGR is unable to continue
its financing or funding necessary to perform Hs obligations hereunder. All other provisions of this Agreement, including without
limitation Sections VI and XIII, shall survive the termination of this Agreement.

 

The Client shall
not and shall not permit any of its subsidiaries or affiliates (which shall include all persons, firms, corporations or other
entities who control the Client, are controlled by the Client or are under common control with the Client and which are
engaged in the temporary or other personnel or employee leasing business) to sell or assign or grant security interests in
any of their accounts receivable or other rights to payment of money to any financial institution or other entity, except
AGR, without the prior written consent of AGR Without limiting any rights or remedies of AGR, if Client fails to comply with
the covenant in this paragraph, AGR's damages shall include, without limitation, all Initial Fees and processing and
administration fees and other fees provided for in Section II that would have been payable for the tenm of this Agreement, as
reasonably projected by AGR, or as detenmined by AGR based on actual results, reduced by AGR's cost of funds, as detenmined
by AGR

 

    	 

    	 

    
 

XIII.         No Assumption; Indemnification;
Etc.

 

(a) This Agreement shall not constitute
an assumption by AGR of any obligation to a Debtor.

 

(b) The Client shall indemnify
and hold harmless AGR and its officers, directors, members, employees, affiliates, advisors, controlling persons and agents (each,
an "Indemnitee"), from and against all liabilities, obligations, losses, damages, penalties, actions, judgments, suits,
costs, expenses and disbursements of any kind or nature whatsoever (including, without limitation, reasonable attorneys' fees)
which may be imposed on, incurred by or asserted against any of them in any way relating to or arising out of (i) the execution,
delivery, enforcement, performance and administration of this Agreementhe other Purchase Documents and any other documents prepared
in connection herewith or therewith (including, without limitation, any "payoff letter" or agreement executed by AGR
in favor of any other lender or factor at the request of Client or in connection with this Agreement), (ii) any purchase of Receivables
by AGR or the Client's use of the purchase price paid from time to time by AGR, (iii) any claim against AGR for taxes or governmental
charges of any nature, and interest and penalties, relating to Clienfs business or operations or Purchased Receivables, including,
without limitation, sales tax, VAT, payroll and/or employee or employer withholding taxes, or (iv) any breach by the Client of
any representation, warranty or covenant contained in any Purchase Document, (all the foregoing, collectively, the "Indemnified
Liabilities"); provided, that Client shall have no obligation hereunder to any Indemnitee with respect to Indemnified
Liabilities to the extent such Indemnified Liabilities are found by a final, nonappealable judgment of a court of competent jurisdiction
to have resulted from the gross negligence or willful misconduct of such lndemnitee.          The
agreements in this Section shall survive repayment of all obligations and other amounts payable by Client hereunder.

 

(c) Any amount payable
by the Client to AGR under any provision of this Agreement shall be paid without any deduction, counterclaim, recoupment or set-off
by the Client of any kind.

 

XIV.        Controlling Law. This
Agreement, each of the other Purchase Documents and all of the rights and obligations of the parties hereunder and thereunder shall
be governed by and interpreted in accordance with the laws of the State of New York without regard to conflicts of laws principles.

 

XV.          WAIVER
OF JURY TRIAL AND JURISDICTION. EACH OF THE CLIENT AND AGR HEREBY KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVES ANY AND ALL RIGHTS
IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION BASED ON, OR ARISING OUT OF, UNDER, OR IN CONNECTION WITH THIS AGREEMENT
OR ANY OTHER DOCUMENT OR AGREEMENT EXECUTED IN CONNECTION HEREWITH, OR ANY COURSE OF CONDUCT,COURSE OF DEALING, STATEMENTS (WHETHER
VERBAL OR WRITTEN), OR ACTIONS OF THE CLIENT OR AGR.   THIS PROVISION
IS A MATERIAL INDUCEMENT FOR AGR'S ENTERING INTO THIS AGREEMENT.

 

The
Client hereby agrees that ANY LEGAL ACTION OR PROCEEDING AGAINST THE Client WITH RESPECT TO THIS AGREEMENT OR ANY PURCHASE
DOCUMENT MAY BE BROUGHT IN THE COURTS OF THE STATE OF NEW YORK IN THE CITY OF NEW YORK OR OF THE UNITED STATES OF AMERICA FOR
THE SOUTHERN DISTRICT OF NEW YORK, as AGR may elect, and, by execution and delivery hereof, the Client accepts and consents
to, for itself and in respect of its property, generally and unconditionally, the jurisdiction of the aforesaid courts and
agrees that such jurisdiction shall be exclusive, unless waived by AGR in writing. Nothing herein shall limit the right of
AGR to bring proceedings against the Client in the courts of any other jurisdiction. Service of process out of any such
courts may be made, without limitation, by mailing copies thereof by registered or certified mail, postage prepaid, to the
Client at its address for notices as specified herein and will become effective 30 days after such mailing. The Client agrees
that Sections 5-1401 and 5-1402 of the General Obligations Law of the State of New York shall
apply to this Agreement and the Purchase Documents and waives any right to any defense
of, or to dismiss any action or proceeding brought before said court on the basis of, forum non conveniens.

 

    	 

    	 

    
 

XVI.     Miscellaneous.

 

A.          This Agreement and the
related agreements, instruments and documents executed in connection herewith embody the entire agreement and understanding of
the parties concerning the subject matter contained herein and therein. This Agreement and such related instruments, agreements
and documents supersedes any and all prior agreements and understandings between the parties with respect to such subject matter,
whether oralor written.

 

B.          This Agreement may only be amended in writing signed by all of the parties hereto. No waiver shall be effective unless it is in
writing and is signed by the waiving party. Any waiver shall be effective only in the specific instance and for the specific purpose
for which it is given.

 

C.          This Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective successors and assigns.
Notwithstanding the foregoing, the Client may not assign this Agreement or ijs rights hereunder without first obtcining AGR's prior
written consent, and any such purported assignment without AGR's prior wrRten consent shall be void and of no force and effect.
The Client acknowledges and consents that AGR may pledge, assign or transfer its rights and obligations hereunder and its interest
in the Purchase Documents, the Purchased Receivables, any security agreement referred to in
Section IX(H) and any securijy interest referred to in Section X to another party or parties, including as collateral security
for any indebtedness or obligations of AGR.

 

D.          The
invalidity or unenforceability of any provision of this Agreement shall not impair the validity or enforceability of any other
provisions.

 

E.          All
notices and other communications provided for herein shall be in writing and shall be deemed to have been given when delivered
by facsimile transmission (with evidence of transmission) or overnight delivery service or three days after the date mailed by
first class registered or certified mail, postage prepaid, to the following addresses, or at such other address as may be furnished
from time to time by notice to the other party:

 

 

	If to AGR: 	AGR Funding, Inc.
	 	100 Metroplex Drive, Suite 202
	 	Edison, N.J. 08817
	 	Facsimile No: 732-777-9596
	 	 
	If to the Client: 	TOWNSEND CAREERS, LLC
	 	1866 Leithsville Road Suite 225
	 	Hellertown, PA 18055
	 	Facsimile No: 610-672-9999

 

F.          The
representations, warranties and covenants of the Parties contained herein shall survive the purchase of the Purchased Receivables
and shall remain in effect notwithstanding any investigation made by or on behalf of AGR and notwithstanding any knowledge (actual
or implied) that AGR may have which is inconsistent herewith.

 

G.          This
Agreement may be executed in any number of counterparts, each of which shall be deemed to be an original, and all of which shall
constitute one and the same instrument.

 

    	 

    	 

    
 

If
the foregoing is acceptable to the Client and the Client agrees to comply with the terms set forth in this Agreement, please
acknowledge the Client's acceptance of and agreement to the foregoing by signing and returning to AGR a copy of this
Agreement. Upon signature by the parties below, it is the intention of the parties to be legally bound hereby. The date of
this Agreement is the date it is signed by AGR as identified below.

 

Accepted and Agreed to:

 

	By: TOWNSEND CAREERS, LLC	 	 
	 	 	 
	 	 	 
	By: /s/ Christopher Ferguson	 	By: /s/ Frank Jennings
	Name: Christopher Ferguson	 	Name: Frank Jennings
	Title: Managing Director	 	Title: Managing Director
	Date: July 7, 2011	 	Date: July 7, 2011

 

 

	By: CMK RESOURCE GROUP, LLC, its sole member	 	 
	 	 	 
	/s/ Christopher Ferguson	 	By: /s/ Frank Jennings
	Name: Christopher Ferguson	 	Name: Frank Jennings
	Title: Managing Director	 	Title: Managing Director
	Date: July 7, 2011	 	Date: July 7, 2011

 

    	 

    	 

    
 

AGR Funding Inc.

 

By: /s/ G. Allen Geyer

Name: G. Allen Geyer

Title: President

Date:July 7, 2011

Execution Date: July 11, 2011

 

Address(es) of Chief
Executive Office and Chief Place of Business of Client:

 

1866 Leithville Road Suite 225

Hellerstown, PA 18055

 

Other names used by Client
in past six years and trade names and names under which Client conducts business (if none, so state):

 

As stated in the Security Agreement Questionnaire
executed by the Client.

 

Address(es) of all other offices and places of business
of Client (if none, so state):

 

As stated in the Security Agreement Questionnaire
executed by the Client.

 

Client Information:

 

	Type of Organization: 	Limited Liability Company
	 	 
	State of Organization: 	Maryland
	 	 
	Organizational	 
	Identification number.	DE1022330

 

    	 

    	 

    
 

EXHIBIT B TO SALE

AND PURCHASE AGREEMENT

 

 

AGR
FUNDING,INC.

 

SETTLEMENT REPORTS

 

(See attached)

 

    	 

    	 

    
 

EXHIBIT C

 

ANNEXED TO AND MADE A PART OF SALE
AND PURCHASE AGREEMENT

 

 

With respect to the
Client, as of the date hereof and as of the date of each purchase of Receivables:

 

1.
          If the Client is a corporation or a partnership or a limited liability
company, the Client is duly organized, validly existing and in good standing as such under the laws of the jurisdiction of its
organization, and has all the power and authority necessary to carry on its business as now conducted and to enter into and perform
this Agreement and the other Purchase Documents. The execution, delivery and performance by the Client of the Purchase Documents
have been duly authorized by all appropriate action on behalf of the Client. If the Client is a sole proprietorship, the Client
has the necessary power and capacity under applicable law to carry on its business as now conducted and to enter into and perform
the Purchase Documents.

 

2.           When
executed and delivered, the Purchase Documents will be legal, valid and binding obligations of the Client, enforceable against
the Client in accordance wtlh their respective terms. Upon the filing of financing statements and any release or termination statements
required prior to the purchase of any Receivables in all appropriate jurisdictions, any security interest in favor of AGR granted
under Section IX(H) and X will be valid, perfected and of the first priority.

 

3.          The
Client is not in violation of its charter or by-laws or other organizational documents or in default in the performance or observance
of any contract, indenture, mortgage, loan agreement, lease or other material instrument to which the Client is a party or by which
it or any of its properties may be bound. The execution, delivery and performance of the Purchase Documents will not violate any
provision of law or regulation or any order or decree of any court or governmental agency, or violate any provision of the Client's
organizational documents (if a corporation or partnership) or any agreement to which the Client is a party or by which any of its
assets are bound, and will not be in conflict wtlh, result in a breach of, or constitute a default under, any such agreement or
result in the creation of any lien or security interest upon any of the Clienfs assets, except in favor of AGR

 

4.          The
Client has all permits, licenses, certifications, authorizations, approvals, consents and agreements of all Debtors, governmental
agencies and instrumentalities and any other person, necessary or required for the Client to own the assets that tl now owns, to
carry on its business as now conducted, to execute, deliver and perform the Purchase Documents, and to receive payments from the
Debtors.

 

5.           No
authorization or approval or other action by, and no notice to or filing with, any governmental authority or regulatory body is
required for the due execution, delivery and performance by the Client of this Agreement or any other Purchase Document to be delivered
hereunder except for the filing of the UCC financing statements, all of which shall be in full force and effect.

 

6.          There
are no actions, suits, investigations or proceedings pending or threatened against the Client before any court, government agency
or other tribunal, which, if adversely determined, could materially and adversely affect its financial condition or operations
or ability to perform under the Purchase Documents, or could result in cost, loss, liability or expense in excess of $10,000, and
the Client is not currently subject to, and has no intention of commencing, any bankruptcy or insolvency proceeding.

 

7.          The Client has properly
filed all returns for all federal, state and local taxes, including income and payroll taxes, on a timely basis or has an agreement
of settlement with an approved payment plan with the relevant agency, a true and complete copy of which has been delivered to AGR
or, if not filed, extensions have been properly secured. The Client has not failed to pay any taxes, or interest and penalties
relating hereto, on or before the due dates thereof.

 

8.          The Client is in compliance with all laws, acts,
rules, regulations, orders, decrees and directions of any governmental authority applicable to the Purchased Receivables or any
part thereof or any related contracts and with respect to the Client and its business and properties, a violation of which could
in any way affect collection of any Purchased Receivable or could materially and adversely affect its financial condition or operations
or its ability to carry out its obligations hereunder or with respect to the Receivables.

 

    	 

    	 

    
 

9.           The
pension and profit-sharing plans, if any, of the Client (and its subsidiaries, if any) are maintained in compliance with all laws
and are fully funded in accordance with the obligations of the Client (and its subsidiaries, if any) thereunder.

 

10.
          The Client is not aware of the occurrence of any event which materially
and adversely affects or could affect its financial condition or operations, including its ability to perform its obligations hereunder
and the transactions contemplated in this Agreement, other than the events it has disclosed herein.

 

11.
          There is no injunction, writ, restraining order or other order of any
nature materially and adversely affecting the Client's performance of its obligations hereunder and the transactions contemplated
in this Agreement.

 

12.
          The name of the Client as set forth herein is the same as in its organizational
documents as filed in the jurisdiction in which it is organized, such name has not been changed in the last six years, and the
Client has no trade names, fictitious names, assumed names or "doing business as" names except as disclosed on the signature
pages hereof.

 

13.
          The information with respect to the address of the chief place of business
of the Client, the location(s) of the office(s) where the Client keeps all of the documents, agreements, books and records relating
to the Receivables and other matters set forth on the signature pages of this Agreement is true and complete and there have been
no other such locations during the prior six years.

 

14.
          The Client is solvent and will not become insolvent after giving effect
to the transactions contemplated by this Agreement, is paying its debts as they become due and, after giving effect to the transactions
contemplated by this Agreement, will have adequate capitalto conduct its business.

 

15.
          The Client has no subsidiaries and does not own any interest in any
partnership, joint venture or limited liability company, except as disclosed in writing to AGR

 

With respect to each Receivable,
as of the dale such Receivable is purchased (and after giving effect to such purchase):

 

A           All
documents and agreements relating to the Receivable that have been delivered to AGR with respect to such Receivable are true and
correct, and there are no other documents or agreements modifying or affecting such Receivables; the Client has timely and properly
invoiced the applicable Debtor, and the Client has delivered or caused to be delivered to such Debtor all supporting documents
with respect to such Receivable required by the applicable Debtor; all information set forth in the invoice and supporting claim
documents is true, complete and correct, and, if additional information is requested by the Debtor, the Client will promptly provide
the same and, if necessary,rebill such Receivable.

 

B.          The
Receivable is exclusively owned by the Client and there is no security interest, encumbrance, charge or lien in favor of any third
party, nor any recording or filing against the Client, as debtor, covering or purporting to cover any interest of any kind in any
Receivable, except as has been released in a manner satisfactory to AGR With respect to the Purchased Receivable, all right, title
and interest of the Client is vested in AGR, free and clear of any lien, security interest, claim or encumbrance of any kind, and
the Client agrees to defend the same against the claims of all persons.

 

C.           The
Purchased Receivable (A) is payable, in an amount not less than its Gross Amount, by the Debtor identified by the Client as being
obligated to do so as of the date of purchase, (B) is based on an usury, consumer protection, truth in lending, fair credit billing,
fair credit reporting, equal credit opportunity, fair debt collection practices and privacy), and no party to such related contract
is in violation of any such law,rule or regulation.

 

    	 

    	 

    
 

D.
          The representations, warranties and statements made by the Client in
the Purchase Documents, any financial information with respect to the Client delivered to AGR or any other related documents, including,
without limitation, any description of the Purchased Receivable, remain true and correct and do not contain any untrue statement
of material fact or omit to state a material fact necessary to make the statements made therein not misleading.

 

E.          No
Purchased Receivable has aged more than 30 days from the date of service giving rise thereto.

 

    	 

    	 

    
 

SERVICING AGREEMENT

 

 

Agreement
made as of the 11th day of July, 2011 by and between AGR FUNDING, INC., a New Jersey corpor on (together with its successors
and assigns, "AGR") and TOWNSEND CAREERS. LLC, a Maryland limit liability company (the "Client").

 

WHEREAS, AGR and
Client have entered into a Sale and Agreement dated as of 7th of July, 2011 (as amended, or supplemented from time
toime, the "Sale Agreement");

 

WHEREAS, pursuant to
the Sale Agreement, AGR may from time to time purchase Purchased Receivables (as defined therein) from the Client; and

 

WHEREAS,
pursuant to the Sale Agreement, the Client has entered into this Agreement to provide for the Client's obligations to service and
collect Purchased Receivables;

 

NOW,
THEREFORE, in consideration of the premises, the covenants contained herein, and other good and valuable consideration, the receipt
of which is hereby acknowledged, the Client and AGR hereby agree as follows:

 

1.
Client's Responsibilities. (a) Client shall be responsible for servicing and collection of all Purchased Receivables. Client
shall diligently attempt to collect and receive all amounts owing on the Purchased Receivables, provided, however, that
any out-of-pocket collection, legal or litigation expenses may be incurred by Client for AGR's account only if Client obtains AGR's
prior written consent. In fulfilling its responsibilities hereunder, Client shall use customary and usual servicing and collection
procedures followed by others engaged in the same line of business.

 

(b)
Client shall segregate records and other documents relating to Purchased Receivables and shall clearly identify Purchased Receivables.

 

(c) Client
shall notify AGR promptly of any matters affecting the value, enforceability or collectability of any Purchased Receivables and
all disputes, offsets, deductions, defenses and counterclaims of which it has knowledge.

 

(d)
Client shall not reduce or modify the terms of any Purchased Receivables without the prior written consent of AGR.

 

(e)
Client shall permit AGR to inspect its books and records and make copies thereof in order for AGR to confirm Client's
compliance with its obligations hereunder.

 

2. No
Compensation. Client acknowledges and agrees that the Purchase Price (as defined in the Sale Agreement) payable to it
for the Purchased Receivables was calculated so as to compensate Client for its services hereunder, and no additional
compensation or payments shall be paid to Client for its services hereunder, except as expressly provided in Section 1
hereof.

 

    	 

    	 

    
 

3. Termination.          AGR
shall have the right to terminate this Agreement at any time in its sole discretion, whereupon Client shall cooperate fully
with AGR or AGR's designee to transfer the servicing duties
hereunder.           Without limitation of the foregoing, Client shall
provide to AGR or its designee access to all records, computer programs and software utilized by Client and computer data
banks.          Client shall have no right to terminate this Agreement so
long as any Purchased Receivables remain outstanding.

 

4. Miscellaneous.

 

(a)
This Agreement, the Sale Agreement and all related agreements, instruments and documents embody the entire agreement and understanding
of the parties concerning the subject matter con tained herein and therein. This Agreement and such other agreements supersede
any and all prior agreements and understandings between the parties with respect to such subject matter, whether oral or written.

 

(b)
This Agreement may only be amended in writing signed by all of the parties hereto. No waiver shall be effective unless it is in
writing and is signed by the waiving party. Any waiver shall be effective only in the specific instance and for the specific purpose
for which it is given.

 

(c)
This Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective successors and ass1gns.
Notwithstanding the foregoing, the Client may not assign this Agreement or its rights hereunder without first obtaining AGR's prior
written consent, and any such purported assignment without AGR's prior written consent shall be void and of no force and effect.

 

(d)
The invalidity or unenforceability of any provision of this Agreement shall not impair the validity or enforceability of any other
provisions.

 

(e)
This Agreement may be executed in any number of counterparts, each of which shall be deemed to be an original, and all of
which shall constitute one and the same instrument.

 

(f)
This Agreement shall be governed by and interpreted in accordance with the laws of the State of New York and shall be subject to
the provisions of Section 15 of the Sale And Purchase Agreement.

 

    	 

    	 

    
 

IN WITNESS WHEREOF,
the Client and AGR have executed this Agreement on the date first above written.

 

	 	AGR FUNDING INC.	 
	 	 	 
	 	/s/ G. Allen Geyer	 
	 	By: G. Allen Geyer	 
	 	President	 
	 	 	 
	 	 	 
	 	TOWNSEND CAREERS, LLC	 
	 	 	 
	 	/s/ Christopher Ferguson	 
	 	Christopher Ferguson	 
	 	Managing Director	 

 

    	 

    	 

    
 

GENERAL SECURITY AGREEMENT

 

In consideration
of credit or other financial accommodations extended or continued from time to time to, or on the guaranty, endorsement or other
assurance of, the undersigned ("Obligor'') by AGR Funding, Inc.(together with its successors and assigns, "AGR"),
Obligor hereby agrees as follows:

 

		1.	Security Interest

 

		a.	To secure the full and punctual payment and performance
of all of the Obligations (as hereinafter defined), Obligor hereby grants to AGR a continuing security interest in, and assigns
and pledges to AGR, the Collateral (as hereinafter defined).

 

		b.	"Obligations" shall mean and include all indebtedness,
liabilities, obligations, covenants and duties of Obligor to AGR (including, without limitation,those which AGR may have acquired
from others) of every kind, nature and description, direct or indirect, absolute .or contingent, due or not due, contractual or
tortious, liquidated or unliquidated, arising by operation of law or otherwise, now existing or hereafter arising, and whether
or not evidenced by any note or other instrument or agreement and whether or not for the payment of money, including, but not
limited to, indebtedness, obligations and liabilities to AGR of Obligor (i) as a member of any partnership, syndicate, association
or other group or (ii) under any guaranty executed from time to time by Obligor in favor of AGR.

 

		c.	Certain terms used herein are defined in Section 13 hereof.

 

		d.	"Collateral" shall mean and include all assets,
property and fixtures of Obligor, whether now or hereafter existing or now owned or hereafter acquired and wherever located, of
every kind and description, tangible or intangible, including, but not limited to, all goods, inventory, equipment, farm products,
instruments, documents, chattel paper, accounts, contract rights, investment property. general intangibles, tax refunds, books
and records (including, without limitation, customer lists, credit files, computer programs, printouts and other computer materials
and records) of Obligor pertaining to any of the foregoing, all supporting obligations, and all products and proceeds of all or
any of the foregoing.

 

		2.	Rank and Perfection of Securitv Interest

 

		a.	Obligor will not create or permit to exisnor shall there
exist, any security interest in, lien, attachmen levy or encumbrance upon, or assignment or pledge as security of, any of the
Collateral, except the security interest of and assignment and pledge to AGR hereunder and liens consented to by AGR in writing.

 

		b.	(i) Obligor will from time to time, at its expense, take
all action requested by AGR, or which may be necessary or desirable, to perfecontinue, evidence, preserve, protect or validate
the security interest of and assignment and pledge to AGR hereunder to enable AGR to exercise and enforce its rights hereunder,
including, but not limited to, (A) executing and delivering one or more·notices, financing statements, agreements or other
writings, and (B) delivering to AGR, and stamping or otherwise marking, in such manner as AGR may specify, any and all chattel
paper, instruments, letters and advice of credit and documents constituting part of the Collateral, in each case endorsed or accompanied
by such instruments of assignment as AGR may specify.

 

		 	(ii) Obligor hereby authorizes
AGR, at its option but without any obligation so to do, to file financing and continuation statements and amendments to financing
statements, naming Obligor as debtor, with respect to any of the Collateral without the signature
of Obligor, and agrees that a carbon, photographic or other reproduction of this Agreement or of a financing statement is sufficient
as a financing statement Obligor shall pay the costs of any recording or filing of any financing or continuation statements, or
amendments thereto, concerning the Collateral.

 

    	 

    	 

    
 

		3.	Covenants.

 

		a.	Obligor shall at all times: (i) defend the Collateralagainst
the claims and demands of all persons and (ii) in the case of tangible property constituting part of the Collateral, (A) properly
maintain and keep in good order and repair such property and (B) keep such property fully insured with responsible companies acceptable
to AGR against such risks as such Collateral may be subject to, or as AGR may request, under policies containing loss payable
clauses naming AGR as loss payee as its interests may appear and otherwise in form and substance satisfactory to AGR, and providing
that: (1) all proceeds thereof shall be payabletoAGR, (2) such insurance shall not be affected by any act or neglect of Obligor
or other owner of the property described in such policy, and (3) such policy and loss payable clause may not be cancelled or amended
except upon ten days' prior written notice to AGR.

 

		b.	Obligor will comply with the requirements of all leases,
mortgages and other instruments relating to premises where any Collateral is located.

 

		c.	Obligor will not sell or otherwise dispose of any of
the Collateral, except that, if the same constitute Collateral, until notice terminating such authority is given by AGR to Obligor,
(i) accounts may be collected in the ordinary course of business as heretofore conducted and (ii) Inventory or farm products may
be sold in the ordinary course of business as heretofore conducted.

 

		d.	Obligor will give AGR not less than 30 days prior written
notice of (i) any change in (A) its name, identity or corporate structure, (B) the location of its chief executive office or any
other place of business, or (C) the location of any of the Collateral or its books and records concerning any Accounts, (ii) the
location of each new place of business opened by Obligor, and (iii) each new location of any Collateral. Obligor will give AGR
prompt notice of any loss or depreciation in the value of any of the Collateral. Set forth on Schedule A annexed hereto are all
trade names or trade styles used by Obligor, the location of Obligor's chief executive office, all locations of Collateral and
all locations Of Obligor's books and records.

 

4.          Events
of Default lWithout limiting the right of AGR to demand payment of any or all ofthe Obligations at any time in its sole discretion,
it shall be an Event of Default if any of the following events shall occur: (i) default in payment of any of the Obligations when
due,whether on demand or otherwise; or (iQ the occurrence of any "Event of Defaulf' or "defaulf' as defined or specified
in any agreement, instrument or document evidencing or providing for the Obligations or any guaranty thereof; or (iii) the Obligor
(or any corporation whose obligations to AGR are now or hereafter guaranteed by Obligor) shall be an Impaired Client as defined
in Section 1(e) of the Sale and Purchase Agreement between Obligor and AGR.

 

5.          Remedies
upon Event of Default Rights. Upon the occurrence of an Event Of Default and at any time
or from time to time thereafter:

 

		a.	AGR may exercise all rights to which it is entitled hereunder or under applicable law;

 

    	 

    	 

    
 

		b.	AGR may exercise all rights
of a secured party under the UCC (whether or not in effect in the jurisdiction where such rights are exercised) and, in addition,
AGR may sell the Collateral or any part thereof at public or private sales, for cash, upon credit or for future delivery, and
at such price or prices as AGR may deem satisfactory. AGR may be the purchaser of any or all of the Collateralso sold at any public
sale (or, if the Collateralis of a type customarily sold in a recognized market or is of a type which is the subject of widely
distributed standard price quotations, at any private sale) and thereafter hold the same, absolutely, free from
any right or claim of whatever kind. Obligor will execute and deliver such documents and take such other action as AGR deems necessary
or advisable in order that any such sales may be made in compliance with law. Upon any such sales AGR shall have the right to
deliver, assign and transfer to the purchaser thereof the Collateralso sold. Each purchaser at any such sales shall hold the Collateral
so sold to it absolutely, free from any claim or right of whatever kind, including any equtty or right of redemption of
Obligor,and to the extent permitted by law, Obligor hereby specifically waives all rights of redemption, stay or appraisalwhich
it has or may have under any law now existing or hereafter adopted. The notice (if any) of such sale required herein shall (i)
in the case of a public sale, state the time and place fixed for such sale, and (ii) in the case of private sale, state the day
after which such sale may be consummated. Any such public sale shall be held at such time or times within ordinary business hours
and at such place or places as AGR may fix in the notice of such sale. Unless the Collateralis perishable or threatens to decline
speedily in value or is of a type customarily sold on a recognized markeAGR will give Obligor reasonable notice ofthe time and
place of any such public sale or of the time after which any private sale or any other intended disposition thereof is to be made,
and Obligor agrees that ten (10) days prior notice shall be deemed reasonable notice. At any such sale the Collateral may be sold
in one lot as an entirety or in separate parcels, as AGR may determine. AGR shall not be obligated to make any such sale pursuant
to any such notice. AGR may without notice or publication, adjourn any public or private sale or cause the same to be adjourned
from time to time by announcement at the time and place fixed for the sale, and such sale may be made at any time or place to
which the same may be so adjourned. In case of any sale of all or any part of Collateral on credit or for future delivery, the
Collateral sold may be retained by AGR until the selling price is paid by the purchaser thereof, but AGR shall not incur any liability
in case of the failure of such purchaser to take up and pay for the Collateral so sold and, in case of any such failure, such
Collateralmay again be sold upon like notice. AGR, instead of exercising the power of sale herein conferred upon it, may proceed
by a suit or suits at law or in equity to foreclose the security interests granted herein and sell the Collateral, or any portion
thereof, under a judgment or decree of a court or courts of competent jurisdiction.

 

		c.	For the purposes of enforcing any and all rights and remedies under this AgreemenAGR may (0 require
Obligor to, and Obligor agrees that it will, at its expense and upon the request of AGR, forthwith assemble all or any part of
the Collateral as directed by AGR and make it available at a place designated by AGR which is, in its opinion, reasonably convenient
to AGR whether at the premises of Obligor or otherwise, (ii) to the extent permitted by applicable law, enter, with or without
process of law and without breach of the peace, any premises where any of the Collateral is or may be located, and without charge
or liability to iseize and remove such Collateral from such premises, (iii) have access to and use Obligor's books and records
relating to the Collateraland (iv) prior to the disposition of the Collateral, store or transfer it without charge in or by means
of any storage or transportation facilitY owned or leased by Obligor or any other person, corporation or other entity, process,
repair or recondition it or otherwise prepare it for disposition in any manner and to the extent AGR deems appropriate and, in
connection with such preparation and disposition, use without charge any trademark, trade name, copyright, patent or technical
process used by Obligor.

 

6.          Limitation
on Dutv of AGR in Respect of Collateral. Beyond the safe custody thereof, AGR shall have no duty as to any Collateralin its
possession or control or in the possession or control of any agent or bailee or as to any income thereon or as to the preservation
of rights against prior parties or any other rights pertaining thereto.

 

7.
Application of Proceeds. Upon any demand for payment of any or all of the Obligations or upon the occurrence and during the continuance
of any other Event of Default, the proceeds of any sale of, or other realization upon, all or any part of the Collateralshall be
applied by AGR in the following order of priority:

 

		a.	to payment of the expenses of such sale or other realization, including
reasonable compensation to (and costs and disbursements of) agents and counsel for AGR, and all expenses, liabilities and advances
incurred or made by AGR in connection therewith, and any other unreimbursed expenses for which AGR is to be reimbursed pursuant
to the documents or instruments evidencing or governing any of the Obligations;

 

		b.	to the payment of the other Obligations in such order as AGR shall determine; and

 

    	 

    	 

    
 

		c.	to payment to Obligor or its successors or assigns, or
to whomsoever may be entitled thereto, or as a court of competent jurisdiction may direcof any surplus then remaining from such
proceeds.

 

			If, upon the sale, lease or other disposition of the
Collateral, theproceeds thereof are insufficient to pay all amounts to which AGR is legally entitled, Obligor will remain liable
for the deficiency, together with interest thereon at the rate provided for post-maturity interest in the agreements and instruments
evidencing the Obligations.

 

		8.	AGR's Expenses and Indemnification.

 

		a.	Obligor agrees to reimburse AGR for all costs and expenses,
including attorneys' fees and disbursements, incurred, and to indemnify and hold AGR harmless from and against all losses suffered,
by AGR in connection with (i) AGR's exercise of any right or remedy granted to it hereunder, (ii) any claim and the prosecution
or defense thereof arising out of or in any way connected with this Agreement, and (iii) the collection or enforcement of the
Obligations.

 

		b.	Amounts payable by Obligor under this Section 8 shall
constitute Obligations which shall be payable on demand.

 

		9.	No Waivers of Rights Hereunder; Rights Cumulative.

 

		a.	No delay by AGR in exercising any right hereunder, or
under any of the other Obligations, shall operate as a waiver thereof, nor shall any single or partial exercise of any right preclude
other or further exercises thereof or the exercise of any other right. No waiver or amendment of any provision of this Agreement
or of any of the other agreements, instruments or documents evidencing the Obligations shall be enforceable against AGR unless
it shall be in writing, be signed by AGR, and expressly refer to the provision affected; any such waiver shall be limited solely
to the specific event waived.

 

		b.	All rights granted to AGR hereunder shall be cumulative
and shall be supplementary of and in addition to those granted or available to AGR with respect to the other Obligations or under
applicable law and nothing herein shall be construed as limiting any such other right.

 

		10.	Assignment.

 

			AGR may assign any or all of the Obligations and may
transfer therewith any or all of the Collateral therefor and the transferee shall have the same rights with respect thereto as
had AGR. Upon such transfer, AGR shall be released from all responsibility for the Collateral so transferred.

 

		11.	Continuing Agreement; Termination.

 

		a.	This Agreement shall be a continuing agreement and shall
apply to all present and future Obligations, notwithstanding that at any particular time all of the Obligations then outstanding
shall have been paid in full.

 

		b.	This Agreement shall continue in full force and effect
until written notice of termination shall have been signed by AGR.

 

		12.	Governing Law: Jurisdiction: Certain Waivers.

 

		a.	THIS AGREEMENT SHALL BE CONSTRUED IN ACCORDANCE WITH
AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK, EXCEPT AS OTHERWISE REQUIRED BY MANDATORY PROVISIONS OF LAW.

 

    	 

    	 

    
 

		b.	OBLIGOR HEREBY AGREES THAT ANY LEGAL ACTION OR PROCEEDING
AGAINST OBLIGOR WITH RESPECT TO THIS AGREEMENT MAY BE BROUGHT IN THE COURTS OF THE STATE OF NEW YORK IN THE CITY OF NEW YORK OR
OF THEUNITED STATES OF AMERICA FOR THE SOUTHERN DISTRICT OF NEW YORK AS AGR MAY ELECT,AND,BY EXECUTION AND DELIVERY HEREOF, OBLIGOR
ACCEPTS AND CONSENTS TO, FOR ITSELF AND IN RESPECT TO ITS PROPERTY,GENERALLY AND UNCONDmONALLY,THE JURISDICTION OF THE AFORESAID
COURTS AND AGREES THAT SUCH JURISDICTION SHALL BE EXCLUSIVE, UNLESS WAIVED BY AGR IN WRITING,WITH RESPECT TO ANY ACTION OR PROCEEDING
BROUGHT BY IT AGAINST AGR. NOTHING HEREIN SHALL LIMIT THE RIGHT OF AGR TO BRING PROCEEDINGS AGAINST OBLIGOR IN THE COURTS OF ANY
OTHER JURISDICTION. OBLIGOR AGREES THAT SECTIONS 5-1401AND 5-1402 OF THE GENERAL OBLIGATIONS LAW OF THE STATE OF NEW YORK SHALL
APPLY TO THIS AGREEMENT AND, TO THE MAXIMUM EXTENT PERMITTED BY LAW, WAIVES ANY RIGHT TO STAY OR TO DISMISS ANY ACTION OR PROCEEDING
BROUGHT BEFORE SAID COURTS ON THE BASIS OF FORUM NON CONVENIENS.

 

		c.	Obligor waives personal service of process and consents
that service of process upon it may be made by certified or registered mail, retum receipt requested, directed to Obligor at its
address last specified for notices hereunder, and service so made shall be deemed completed ten days after the same shall have
been so mailed.

 

		d.	EACH OF AGR AND OBLIGOR HEREBY KNOWINGLY,VOLUNTARILY
AND INTENTIONALLY WAIVES ANY AND ALL RIGHTS IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION BASED ON, OR ARISING OUT
OF, UNDER OR IN CONNECTION WITH THIS AGREEMENT, OR ANY COURSE OF CONDUCT, COURSE OF DEALING, STATEMENTS (WHETHER VERBAL OR WRITTEN)
OR ACTIONS OF OBLIGOR OR AGR. THIS PROVISION IS A MATERIAL INDUCEMENT FOR AGR'S EXTENDING CREDIT TO OBLIGOR.

 

		13.	Definitions.

 

			Except as otherwise specifically defined herein, all
terms defined in Article 1 or 9 of the New York Uniform CommercialCode as in effect on the date of this Agreement (other than
the term "Collateral") are used herein with the meanings therein given.

 

		14.	General.

 

		a.	If this Agreement is executed by two or more Obligors,
they shall be jointly and severally liable hereunder, all provisions hereof regarding the Obligations or the Collateral shall
apply to the Obligations and Collateral of any or all of them and the termination of this Agreement as to one or more of such
Obligors shall not terminate this Agreement as to any remaining Obligors.

 

		b.	This Agreement shall be binding upon the heirs, executors,
administrators, assigns or successors of each of the undersigned Obligors and shall inure to the benefit of and be enforceable
by AGR, its successors, transferees and assigns.

 

		c.	If any provision hereof is invalid and unenforceable
in any jurisdiction, then, to the fullest extent permitted by law, (i) the other provisions hereof shall remain in full force
and effect in such jurisdiction and shall be liberally construed in favor of AGR in order to carry out the intentions of the parties
hereto as nearly as may be possible, and (ii) the invalidity or unenforceability of any provision hereof in any jurisdiction shall
not affect the validity or enforceability of such provision in any other jurisdiction.

 

    	 

    	 

    
 

	Dated: July 7, 2011.	 	 
	 	 	 
	 	 	 
	TOWNSEND CAREERS, LLC	 	 
	 	 	 
	By: /s/ Christopher Ferguson	 	 
	Christopher Ferguson	 	 
	Title: Managing Director	 	 
	 	 	 
	By: /s/ Frank Jennings	 	 
	Frank Jennings	 	 
	Title: Managing Director	 	 
	 	 	 
	By: CMK RESOURCES GROUP, LLC, its sole member
	 	 	 
	By: /s/ Christopher Ferguson	 	 
	Christopher Ferguson	 	 
	Title: Managing Director	 	 
	 	 	 
	By: /s/ Frank Jennings	 	 
	Frank Jennings	 	 
	Title: Managing Director	 	 
	 	 	 
	 	 	 
	Address of Obligor:	Telephone:	215-820-9299
	 	Telefax:	610-072-9999
	1866 Leithsville Road Suite 225	 	 
	Hellertown, PA 18055	 	 
	 	 	 
	ACCEPTED: July 11, 2011	 	 
	AGR FUNDING INC.	 	 
	 	 	 
	By: /s/ G. Allen Geyer	 	 
	G. Allen Geyer	 	 
	Title: President	 	 
	 	 	 
	Address of AGR:	 	 
	 	 	 
	AGR Funding, Inc.	Telephone:	732-572-0568
	100 Metroplex Drive, Suite 202	Telefax:	732-777-9596
	Edison, New Jersey 08817	 	 

 

    	 

    	 

    
 

AGR Funding, Inc. 

 

LIMITED LIABILITY COMPANY DECLARATION AND AGREEMENT

 

We, the undersigned, hereby
represent and warrant to and agree with AGR Funding, Inc. (hereinafter, together with all of its branches, agencies, subsidiaries
and affiliates, called "AGR"), that

 

1.
            The name and address of the limited liability company (hereinafter called the "Limited Liability Company") for which
an account and/or credit relationship is to be opened is as follows:

 

	 	TOWNSEND CAREERS, LLC
	 	1866 LEITHSVILLE RD #225
	 	HELLERTOWN, PA 18055

 

[INSERT FULL NAME AND
STREET ADDRESS OF LIMITED LIABILITY COMPANY]

 

2.           That
the following constitute all of the members of the Limited Liability Company and specimens of their signatures:

 

 

CMK RESOURCE GROUP, LLC. Its sole member

	 	/S/ Christopher Ferguson
	 	Managing Director
	 	 
	 	/s/ Frank Jennings
	 	Managing Director

 

 

[LIST ALL MEMBERS]

 

and that the
following person(s) constitute(s) all the managers of the Limited Liability Company and specimens of their signature are set forth
opposite their names:

 

	 	 	 
	 	 	 
	 	 	 

 

 

[LIST
MANAGERS]

 

    	 

    	 

    
 

in either
such case, bearing the apparent endorsement of the Limited Liability Company by rubber stamp, facsimile, mechanical, manual or
other signature or otherwise endorsed, or unendorsed, with or without the signature of any person purporting to be an officer or
agent of the Limited Liability Company; and

 

6.          That
AGR Funding, Inc. is hereby directed to take any action contemplated by these agreements, when signed or otherwise authorized as
required hereby, without limit as to amount (except as otherwise herein specified), without inquiry and without regard to the disposition
of any such item or any proceeds thereof, and AGR Funding, Inc. shall not be liable in connection therewith notwithstanding that
such item may be payable to the order of a person whose signature appears therein or of any other member, signatory, agent or agents
of the Limited Liability Company, or such item or any proceeds thereof may be used or disposed of for the personal credit or account
of any such person or persons, member, signatory, agent or agents with AGR Funding, Inc. or otherwise, or any payment of the individual
obligation of any such person or persons, member, signatory, agent or agents to AGR Funding, Inc. or otherwise.

 

7.          That
to induce AGR Funding, Inc., acting at its option in each instance, to rely hereon, we hereby agree jointly and severally: (a)
to notify AGR Funding, Inc. promptly by a notice in writing of any change(s) in the composition of the Limited Liability Company
and thereupon to furnish AGR Funding, Inc. upon request with a supplementary Declaration and Agreement satisfactory in form to
it; (b) that, despite any dissolution or termination of the Limited Liability Company (whether by the death or resignation of any
member or otherwise), or any modification or termination of the authority of any member or manager (or of any person named in No.
3 hereof or who may hereafter be granted any power to represent and sign for the Limited Liability Company by a writing signed
by one or more of us and delivered to AGR Funding, Inc.), AGR Funding, Inc. may act hereunder and rely hereon until written notice
to the contrary, signed by or on behalf of one or more of us, shall have been received by AGR Funding, Inc. and acknowledged by
it; (c) that no notice which may be given to AGR Funding, Inc. hereunder shall be binding upon it until received and sufficient
lime shall have elapsed thereafter to permit AGR Funding, Inc. in due course, and by such means as it may deem appropriate, to
notify such of its departments, offices and correspondents as it may deem to be concerned or affected thereby; (d) to indemnify
and hold AGR Funding, Inc., its successors and assigns harmless from any loss suffered or liability incurred by it by reason of
its having acted at any time(s) pursuant to and/or in reliance upon any of the representations and/or agreements herein contained;
and (e) that none of the provisions of this paragraph may be waived, altered, modified or amended except as AGR Funding, Inc. may
consent thereto by a writing duly signed in its behalf.

 

8.          Attached hereto as Exhibit
A are a true and complete copy of the Limited Liability Company's Articles of Organization and Operating Agreement which have not
been amended or modified and are in full force and effect on the date hereof.

 

The
representations and agreements set forth herein are hereby declared to be binding upon the Limited Liability Company, and also
upon ourselves, individually, and as the members and managers of the Limited Liability Company, and upon our respective heirs,
legal representatives and assigns.

 

[All members to sign)

 

this

 

    	 

    	 

    
 

3.          That
the following person(s), other than the managers, is (are) hereby authorized to represent and sign for the Limited Liability Company
and specimens of their signature(s) are set forth opposite their names:

 

	Christopher Ferguson, Managing Director	/s/ Christopher Ferguson
	Frank Jennings, Managing Director	/s/ Frank Jennings
	Rachel Cheli, Accounting Director	/s/ Rachel Cheli

 

[LIST ANY SIGNATORIES
OTHER THAN THE MANAGERS]

 

4.          That each manager and
each other authorized signatory specified above, without counter-signature except to the extent indicated below (if the signature
of more than a single manager or signatory is required, clearly indicate in what manner they are to sign, that is, whether joint
signatories or any other special combinations are required):

 

 

NONE

 

[SPECIFY ANY RESTRICTIONS]

 

is authorized in the name
and/or on behalf of the Limited Liability Company to enter into, execute and deliver any and all agreements, instruments and documents
with AGR Funding, Inc. providing for or relating to the sale to AGR Funding, Inc. of accounts receivable, contract rights, general
intangibles and other property, including, without limitation, a Sale and Purchase Agreement, Servicing Agreement, Lockbox Agreement,
Security Agreement and any and all related agreements, instruments and documents; to sign, draw, accept or endorse checks, notes,
drafts, bills of exchange, acceptances or other instruments for the payment of money drawn against the account(s) of the Limited
Liability Company; to borrow money and to obtain credit for the Limited Liability Company from AGR Funding, Inc. on such terms
as may seem to him or them advisable and to make and deliver notes, drafts, acceptances and other obligations of the Limited Liability
Company therefor, as well as instruments of guarantee and of indemnity, agreements and contracts, all in form satisfactory to AGR
Funding, Inc., and, as security therefor, to grant a security interest in, and to assign, transfer, hypothecate, mortgage, pledge,
entrust, withdraw, exchange and substnute any stocks, bonds, securities, mortgages, bills and accounts, bills of lading, warehouse
receipts, goods, insurance policies, certificates, savings passbooks or any other property of every nature and description held
by or belonging to the Limited Liability Company, with full authority to endorse, assign or guarantee the same in the name of the
Limited Liability Company; to execute and deliver security agreements, financing statements and all instruments of assignment,
transfer, hypothecation, mortgage, pledge and trust; to sell or discount with or without recourse any bills receivable or other
paper, whether or not negotiable, held by the Limited Liability Company; to engage in any interest rate protection transaction,
including any rate swap, rate cap, rate floor, rate collar, currency exchange transaction, forward rate agreement, or other exchange
or rate protection transaction, or any combination of such transactions or agreements or any option with respect to any such transaction;
to subordinate and assign any obligations and debts owed to the Limited Liability Company by another or others, and in connection
therewith, to execute and deliver instruments of subordination and assignment in form satisfactory to AGR Funding, Inc.; to purchase
and sell stocks, bonds and other securities; to engage in repurchase and reverse repurchase agreements and contracts for future
delivery; to give instructions for transfers of monies by check, draft, wire transfer including the transfer of funds by computer
or similar electronic means or otherwise and for any purposes incidental to the foregoing; and to delegate to another person or
other persons any authority herein granted to the signatories; and

 

5.          That AGR Funding, Inc.
is authorized to receive: (1) from the Limited Liability Company any and all checks, notes, drafts, bills of exchange, acceptances
or other instruments for the payment of money payable to the Limited Liability Company or to its order, and (2) from any other
person, natural or corporate, any and all such instruments endorsed to or to the order of such other person, when,

 

    	 

    	 

    
 

AGR Funding, Inc.

 

LIMITED LIABILITY COMPANY DECLARATION AND
AGREEMENT

 

 

We, the
undersigned, hereby represent and warrant to and agree with AGR Funding, Inc. {hereinafter, together with all of its
branches, agencies, subsidiaries and affiliates, called "AGR"), that

 

1.
            The name and address of the limited liability company {hereinafter called the "Limited Liability Company") for which
an account and/or credit relationship is to be opened is as follows:

 

CMK Resource Group LLC

1166 Leithsville Rd #225

Hellertown, PA 18055

 

 

[INSERT FULL NAME AND STREET
ADDRESS OF LIMITED LIABILITY COMPANY]

 

2.          That
the following constitute all of the members of the Limited Liability Company and specimens of their signatures:

 

By:  /s/ Christoher Ferguson

Christopher Ferguson, Managing Director

Optos Capital Partners LLC (50% Membership
Interest)

 

By:  /s/ Frank Jennings

Frank Jennings Managing Director

Oilmatic Sales LLC (50% Membership Interest)

 

 

[LIST ALL MEMBERS]

 

and that the following person{s)
constitute{s) all the managers of the Limited Liability Company and specimens of their signature are set forth opposite their names:

 

	By: 	/s/ Christopher Ferguson
	Christopher Ferguson, Managing Member	 
	Optos Capital Partners LLC (50% Membership Interest)	 
	 	 
	By: 	/s/ Frank Jennings
	Frank Jennings Managing Director	 
	Oilmatic Sales LLC, (50% Membership Interest)	 

 

 

[LIST MANAGERS]

 

3.          That the following
person(s), other than the managers, is (are) hereby authorized to represent and sign for the Limited Liability Company and specimens
of their signature(s) are set forth opposite their names:

 

/

	s/ Christopher Ferguson	Christopher Ferguson, Managing Director
	/s/ Frank Jennings	Frank Jennings, Managing Director
	/s/ Rachel Cheli	Rachel Cheli, Accounting Director

 

[LIST ANY SIGNATORIES OTHER
THAN THE MANAGERS]

 

    	 

    	 

    
 

4.          That
each manager and each other authorized signatory specified above, without counter-signature except to the extent indicated below
(if the signature of more than a single manager or signatory is required, clearly indicate in what manner they are to sign, that
is, whether joint signatories or any other special combinations are required):

 

None

 

[SPECIFY ANY RESTRICTIONS]

 

is authorized in the name
and/or on behalf of the Limited Liability Company to enter into, execute and deliver any and all agreements, instruments and documents
with AGR Funding, Inc. providing for or relating to the sale to AGR Funding, Inc. of accounts receivable, contract rights, general
intangibles and other property, including, without limitation, a Sale and Purchase Agreement, Servicing Agreement, Lockbox Agreement,
Security Agreement and any and all related agreements, instruments and documents; to sign, draw, accept or endorse checks, notes,
drafts, bills of exchange, acceptances or other instruments for the payment of money drawn against the account(s) of the Limited
Liability Company; to borrow money and to obtain credit for the Limited Liability Company from AGR Funding, Inc. on such terms
as may seem to him or them advisable and to make and deliver notes, drafts, acceptances and other obligations of the Limited Liability
Company therefor, as well as instruments of guarantee and of indemnity, agreements and contracts, all in form satisfactory to AGR
Funding, Inc., and, as security therefor, to grant a security interest in, and to assign, transfer, hypothecate, mortgage, pledge,
entrust, withdraw, exchange and substitute any stocks, bonds, securities, mortgages, bills and accounts, bills of lading, warehouse
receipts, goods, insurance policies, certificates, savings passbooks or any other property of every nature and description held
by or belonging to the Limited Liability Company, with full authority to endorse, assign or guarantee the same in the name of the
Limited Liability Company; to execute and deliver security agreements, financing statements and all instruments of assignment,
transfer, hypothecation, mortgage, pledge and trust; to sell or discount with or without recourse any bills receivable or other
paper, whether or not negotiable, held by the Limited Liability Company; to engage in any interest rate protection transaction,
including any rate swap, rate cap, rate floor, rate collar, currency exchange transaction, forward rate agreement, or other exchange
or rate protection transaction, or any combination of such transactions or agreements or any option with respect to any such transaction;
to subordinate and assign any obligations and debts owed to the Limited Liability Company by another or others, and in connection
therewith, to execute and deliver instruments of subordination and assignment in form satisfactory to AGR Funding, Inc.; to purchase
and sell stocks, bonds and other securities; to engage in repurchase and reverse repurchase agreements and contracts for future
delivery; to give instructions for transfers of monies by check, draft, wire transfer including the transfer of funds by computer
or similar electronic means or otherwise and for any purposes incidental to the foregoing; and to delegate to another person or
other persons any authority herein granted to the signatories; and

 

5.          That
AGR Funding, Inc. is authorized to receive: (1) from the Limited Liability Company any and all checks, notes, drafts, bills
of exchange, acceptances or other instruments for the payment of money payable to the Limited Liability Company or to its
order, and (2) from any other person, natural or corporate, any and all such instruments endorsed to or to the order of such
other person, when, in either such case, bearing the apparent endorsement of the Limited Liability Company by rubber stamp,
facsimile, mechanical, manual or other signature or otherwise endorsed, or unendorsed, with or without the signature of any
person purporting to be an officer or agent of the Limited Liability Company; and

 

    	 

    	 

    
 

6.          That
AGR Funding, Inc. is hereby directed to take any action contemplated by these agreements, when signed or otherwise authorized as
required hereby, without limit as to amount (except as otherwise herein specified), without inquiry and without regard to the disposition
of any such item or any proceeds thereof, and AGR Funding, Inc. shall not be liable in connection therewith notwithstanding that
such item may be payable to the order of a person whose signature appears therein or of any other member, signatory, agent
or agents of the Limited Liability Company, or such item or any proceeds thereof may be used or disposed of for the personal
credit or account of any such person or persons, member, signatory, agent or agents with AGR Funding, Inc. or otherwise, or any
payment of the individual obligation of any such person or persons, member, signatory, agent or agents to AGR Funding, Inc. or
otherwise.

 

7.          That to induce AGR Funding, Inc., acting at its option in each instance, to rely hereon, we hereby agree jointly and severally:
(a) to notify AGR Funding, Inc. promptly by a notice in writing of any change(s) in the composition of the Limited Liability Company
and thereupon to furnish AGR Funding, Inc. upon request with a supplementary Declaration and Agreement satisfactory in form to
it; (b) that, despite any dissolution or termination of the Limited Liability Company (whether by the death or resignation of any
member or otherwise), or any modification or termination of the authority of any member or manager (or of any person named in No.
3 hereof or who may hereafter be granted any power to represent and sign for the Limited Liability Company by a writing signed
by one or more of us and delivered to AGR Funding, Inc.), AGR Funding, Inc. may act hereunder and rely hereon until written
notice to the contrary, signed by or on behalf of one or more of us, shall have been received by AGR Funding, Inc. and acknowledged
by it; (c) that no notice which may be given to AGR Funding, Inc. hereunder shall be binding upon it until received and
sufficient time shall have elapsed thereafter to permit AGR Funding, Inc. in due course, and by such means as it may deem appropriate,
to notify such of its departments, offices and correspondents as it may deem to be concerned or affected thereby; (d) to indemnify
and hold AGR Funding, Inc., its successors and assigns harmless from any loss suffered or liability incurred by it by reason of
its having acted at any time(s) pursuant to and/or in reliance upon any of the representations and/or agreements herein contained;
and (e) that none of the provisions of this paragraph may be waived, altered, modified or amended except as AGR Funding, Inc. may
consent thereto by a writing duly signed in its behalf.

 

8.          Attached hereto as Exhibit
A are a true and complete copy of the Limited Liability Company's Articles of Organization and Operating Agreement which have not
been amended or modified and are in full force and effect on the date hereof.

 

The representations and agreements
set forth herein are hereby declared to be binding upon the Limited Liability Company, and also upon ourselves, individually, and
as the members and managers of the Limited Liability Company, and upon our respective heirs, legal representatives and managers
of the Limited Liability assigns, and upon our respective heirs.

 

 

In Witness Whererof we have
caused this instrument to be duly executed this 5th day of July, 2011.

 

	 	/s/ Christopher Ferguson
	 	Christopher Ferguson, Managing Director
	 	 
	 	/s/ Frank Jennings
	 	Frank Jennings, Managing Director

 

    	 

    	 

    
 

AGR FUNDING,
INC.

 

GUARANTEE

 

In
order to induce AGR Funding, Inc. {which, together with its successors, endorsees and assigns, is hereinafter called "AGR")
to purchase accounts receivable and other obligations from, and make such advances, loans or extensions of credit, directly or
indirectly, to TOWNSEND CAREERS. LLC

{hereinafter,
whether one or more, called the "Custome ') and to grant to the Customer such renewals, extensions, forbearances, releases
of collateral or other relinquishments of rights as AGR may deem advisable, and for other valuable consideration, the receipt of
which is hereby acknowledged, the undersigned (hereinafter, whether one or more, called the "Guaranto ') who if more than
one, shall be jointly and severally liable hereunder, hereby unconditionally guarantees to
AGR the due and punctual payment when due, whether by acceleration or otherwise, in accordance with the terms thereof, ofthe principal
of and interest on and all other sums payable with respect to any and every obligation or liability of the Customer to AGR, whether
now existing or hereafter incurred, whether originally contracted with AGR or with another and transferred to AGR or otherwise
acquired by AGR, whether contracted by the Customer alone or jointly with others, and whether absolute or contingent, secured or
unsecured, matured or unmatured (such obligations and liabilities of the Customer being hereinafter collectively called the "Liabilities").

 

The
term "Collateral" as hereinafter used shall mean the collateral listed in any schedule appended hereto and any funds,
guarantees, agreements, goods, accounts, contract rights, general intangibles, chattelpaper, documents, instruments, or any other
thing in which AGR is given a security interest pursuant to this Guarantee, or other property or rights or interests of any nature
whatsoever, or the proceeds thereof, which may have been, are, or hereafter may be assigned, transferred or delivered to AGR or
in which AGR is given a security interest directly or indirectly by or on behalf of the Customer or the Guarantor or any other
person or which may now or hereafter be held by any person, as trustee or otherwise, as security, whether immediate or underlying,
for the performance of this Guarantee or the payment of the Liabilities or any of them or any security therefor. The Guarantor
hereby agrees to take any and all steps necessary to preserve AGR's rights in the Collateralagainst any other parties, and AGR
is not obligated to take any such steps or action. Without limiting the generality ofthe foregoing, AGR shall not be obligated
to take any action in connection with any conversion, call, redemption, retirement or any other event relating to any of the Collateral
unless the Guarantor gives notice to AGR that such action shall be taken not more than thirty (30) days prior to the time such
action may first be taken and not less than ten (10) days prior to the expiration of the time during which such action may be taken.

 

The
Guarantor hereby grants to AGR full power, without notice to the Guarantor,and, if there is more than one Guarantor liable hereunder,
without in any way affecting the joint and several obligations of each Guarantor hereunder, to deal in any manner with the Customer,
the Liabilities, the Collateral and with any Guarantor hereunder, and any other guarantor of the Liabilities including, without
limitation, the powers: (a) to modify or otherwise change any terms of all or any part of the Liabilities and/or the Collateral,
to grant any extension or renewal thereof and any other indulgence with respect thereto, and to effect any release, subordination,
compromise or settlement with respect to the Customer, the Liabilities, the Collateral, and the obligation of any one or more ofthe
Guarantors; (b) to enter into any agreement of forbearance with respect to all or any part of the Collateral, or with respect to
the Liabilities of the Customer or the obligations of any Guarantor, or to change the terms of any such agreement; (c) to forbear
from calling for additionalcollateralto secure any of the Liabilities or to secure any obligation comprised in the Collateral;
and (d) to consent to the substitution, exchange, or release of all or any part of the Collateral, whether or not the collateral,
if any, received by AGR upon such substitution, exchange, or release shall be of the same or of a different character or value
than the collateral surrendered by AGR. ·

 

The
Guarantor waives any notice of the acceptance of this Guarantee, or of the creation, renewal or accrual of any of the
Liabilities, present or future, or of the reliance of AGR upon this Guarantee. The Liabilities shall conclusively be presumed
to have been created, contracted for, incurred or suffered to exist in reliance upon this Guarantee, and all dealings between
the Customer and AGR shall likewise be presumed to be in reliance upon this Guarantee. The Guarantor waives protest,
presentment, demand for payment, notice of default or non-payment, and notice of dishonor to or upon the Guarantor, the
Customer, or any other party liable for any of the Liabilities. The obligations of the Guarantor hereunder, and the rights of
AGR in the Collateral, shall not be released, discharged or in any way affected,nor
shall the Guarantor have any rights againstAGR by reason of the fact that AGR fails to preserve any rights in the
Collateralor take any action whatsoever in regard to the Collateral or that any of the Collateral may be in default at the
time of acceptance thereof by AGR or later; nor by reason of the fact that a valid lien in any of the Collateral may not be
conveyed to, or created in favor of AGR; nor by reason of the fact that any of the Collateralmay be subject to equities or
defenses or claims in favor of others or may be invalid or defective in any way; nor by reason of the fact that any of the
Liabilities may be invalid or unenforceable against the Customer or any obligor thereon for any reason whatsoever; nor by
reason of the fact that the value of the Collateral, if any, or the financial condition ofthe Customer, or of any obligor on
the Liabilities or any obligation included in the Collateral may not have been correctly estimated or was thereafter changed;
nor by reason of any deterioration, waste, or loss by fire, theft, or otherwise of any of the Collateral; nor by reason of
the release, in whole or in part, with or without consideration of the Collateral or any of it

 

    	 

    	 

    
 

In case the Customer shall
fail to pay all or any part of the Liabilities when due, the Guarantor immediately will pay to AGR the amount due and unpaid by
the Customer under such Liabilities, in like manner as if such amount constituted the direct and primary obligation of the Guarantor.
AGR shall be entitled to exercise any rights and remedies it may have under this Guarantee without being obligated to resort first
to the Collateral or to any other security or to any other remedy or remedies to enforce payment or collection of the Liabilities,
and may pursue all or any of its remedies at one or at different times. AGR is hereby given a continuing lien and security interest
for the additional security of this Guarantee as well as of any other obligation or liability (present or future, absolute or contingent,
matured or unmatured) of the Guarantor to AGR, upon all property and securities now or hereafter given to or left in the possession
or custody of AGR for any purpose (including property left in safekeeping), by or for the account of the Guarantor, and also upon
any deposits with or any credit or claim of any Guarantor against AGR existing from time to time.

 

In
the event that AGR shall receive any payments on account of any of the Liabilities, whether directly or indirectly, and it shall
subsequently be determined that such payments were for any reason improper, or a claim shall be made against AGR that the same
were improper, and AGR either voluntarily or pursuant to court order shall return the same, the Guarantor shall be liable, with
the same effect as if the said payments had never been paid to, or received by, AGR, for the amount of such repaid or returned
payments, notwithstanding the fact that such repaid or returned payments may theretofore have been credited on account of the Liabilities
or any of them.

 

The
Guarantor hereby irrevocably waives for the benefit of the Customer and AGR, and agrees that it will not exercise, any rights which
it may have or acquire by way of subrogation under this Guarantee, by any payment made hereunder or otherwise. If any amount shall
be paid to the Guarantor on account of such subrogation rights at any time, such amount shall be held in trust for the benefit
of AGR and shall forthwith be paid to AGR to be credited and applied upon the Liabilities, whether matured or unmatured, in accordance
with their terms.

 

Upon default by the Customer
with respect to the Liabilities or by the Guarantor with respect to the obligations or liabilities of either of the Customer or
Guarantor to AGR, AGR may sell or dispose of the whole or any part of the Collateral, at public or private sale with or without
any previous demand for performance to the Guarantor or the Customer. Any legal requirement of notice of any such sale or other
disposition shall be deemed satisfied by the giving of five days' prior written notice to the Customer or the Guarantor which shall
also be deemed reasonable notice. If the Collateralis perishable or threatens to decline speedily in value or is of a type customarily
sold on a recognized market, AGR shall not be required to give notice to the Customer or the Guarantor of public or private sale
or other intended disposition of the Collateral. AGR may retain from the proceeds of any such sale all costs and charges incurred
by it in the said taking and sale or other disposalincluding but not limited to attorneys' fees. If a deficit should remain after
any such sale or other disposal, the Guarantor will pay the same promptly upon demand to AGR. AGR or its agent may bid and/or purchase
free from any right or equity of redemption at any such public or private sale.

 

The
Guarantor agrees to pay all expenses incurred by AGR (including, without limitation, reasonable attorneys' fees and disbursements)
in connection with enforcement of this Guarantee.

 

No
delay on the part of AGR in exercising any power or right hereunder shall operate as a waiver thereof, nor shall any single
or partialexerciseof any power or right hereunder or the failure to exercise the
same in any instance preclude other or further exercise thereof or the exercise of any other power or right; nor shall AGR be
liable for exercising or failing to exercise any such power or right;the rights and remedies hereunder expressly
specified are cumulative and not exclusive of any rights or remedies which AGR or any one on whose behalf it has acted or
shall act as herein provided, or its or his or their transferees, may or will otherwise have. In addition to all rights and
remedies granted herein, AGR shall have all of the rights of a Secured Party under the Uniform Commercial Code of New
York.

 

    	 

    	 

    
 

All payments hereunder
shall be made without set-off or counterclaim and free and clear of, and without deduction for, any present or future withholding
or other taxes or duties, including stamp duties, or other charges of any nature imposed on such payments by or on behalf of any
government or any political subdivision or agency thereof or therein. If any such taxes, duties or charges are so levied or imposed
on any such payment, the Guarantor will make additional payments in such amounts as may be necessary so that the net amount received
by AGR, after deduction for or on account of all such taxes, duties or charges, will be equal to the amount provided for herein.
The Guarantor shall furnish promptly to AGR official receipts evidencing the payment of any such taxes, duties or charges paid
by the Guarantor.

 

The
term "AGR" as used throughout this instrument shall be deemed to include AGR, all
of its branches and departments,and any individual, partnership or corporation acting as its nominee or agenand any corporate subsidiary
the majority of the voting stock of which is owned or controlled, directly or indirectly, by AGR. The term "Customer"
as used throughout this instrument shall include the individual or individuals, association, partnership, or corporation named
herein as the Customer, and (a) any successor, individualor individuals, association, partnership or corporation to which all or
substantially all ofthe business or assets of the Customer shall have been transferred, (b) in the case of a Customer which is
a partnership, any new partnership which shall have been created by reason of the admission of any new partner or partners therein
or the dissolution of the existing partnership by the death,resignation or other withdrawal of any partner, and (c) in the case
of a Customer which is a corporation, any other corporation into or with which the Customer shall have been merged, consolidated,
reorganized, purchased or absorbed.

 

This
Guarantee shall,without further reference, pass to and may be relied on and enforced by any
successor or assignee of AGR, and any transferee or subsequent holder of any of the Liabilities,.and the Customer and/or the Guarantor
will not assert any claims it may have against AGR against any such assignee, successor, transferee, or any other subsequent holder.
This Guarantee is a continuing guarantee, and is to remain in force throughout business relations between the Customer and AGR,
and until the payment of all Liabilities of the Customer to AGR, whether now existing or hereafter incurred, notwithstanding the
appointment of a receiver of, or the dissolution of, and/or any other change in, or with respect to, the Customer.

 

Notwithstanding the preceding
paragraph, this Guarantee may be terminated with respectto the obligations of any of the Guarantors (but then only so far as it
relates to Liabilities arising after such termination), only upon written notice to that effect delivered by such Guarantor to
AGR and duly receipted for by it. In the event of such termination such Guarantor and his, her or its respective executors, administrators
and assigns shall nevertheless remain liable with respect to the Liabilities theretofore created or arising, and with respect to
such Liabilities and any renewals, or other liabilities arising out of the same, this instrument shall cor)tinue in full force
and effect and AGR shall have all the rights herein provided for as if no such termination had occurred; and any other Guarantor,
if any, who has not joined in such termination shall continue to be liable hereunder as if no such termination had occurred.

 

THIS
GUARANTEE SHALL BE DEEMED TO HAVE BEEN MADE IN, AND SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF, THE STATE
OF NEW YORK, AND THE GUARANTOR IRREVOCABLY SUBMITS TO THE NON-EXCLUSIVE JURISDICTION OF ANY NEW YORK STATE COURT LOCATED IN THE
CITY OF NEW YORK OR ANY FEDERAL COURT LOCATED IN NEW YORK CITY FOR THE ADJUDICATION OF ANY MATTER ARISING OUT OF OR RELATING TO
THIS GUARANTEE AND CONSENTS TO THE SERVICE OF PROCESS BY REGISTERED OR CERTIFIED MAIL (SENT TO ITS ADDRESS SET FORTH BELOW ITS
SIGNATURE BELOW) OUT OF ANY SUCH COURT.

 

The Guarantor has
made an independent investigation of the Customer and of the financial condition of the Customer. AGR has not made and does
not make any representations as to the income, expense, operation, finances or any other matter or thing affecting the
Customer nor has AGR made any representation as to the amount or nature of the Liabilities of the Customer to which this
Guarantee applies as specifically herein set forth, and the Guarantor hereby expressly acknowledges that no such
representations have been made. It is agreed that any and all understandings and agreements heretofore made between the
parties hereto are merged in this Guarantee, and that this Guarantee alone, fully and completely, expresses the understanding
of such parties.

 

    	 

    	 

    
 

THE
GUARANTOR WAIVES THE RIGHT TO INTERPOSE COUNTERClAIMS OR SETOFFS OF ANY KIND AND DESCRIPTION IN ANY LITIGATION ARISING HEREUNDER
AND WAIVES THE RIGHT IN ANY LITIGATION WITH AGR TO TRIAL BY JURY.

 

IN WITNESS thereof, this Guarantee has been
duly executed by the undersigned on the 7th of July,2011

 

	 	GUARANTOR:
	 	 
	 	/s/ Christopher Ferguson
	 	Christopher Ferguson
	 	Title: Managing Member
	 	 
	 	/s/ Frank Jennings
	 	Frank Jennings
	 	Title: Managing Member

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