SECURITIES PURCHASE AGREEMENT by and among BUTLER INTERNATIONAL, INC., a Maryland corporation EACH OF ITS SUBSIDIARIES SIGNATORY HERETO, and LEVINE LEICHTMAN CAPITAL PARTNERS III, L.P., a California limited partnership $2,500,000 Principal Amount...Securities Purchase Agreement • July 17th, 2006 • Levine Leichtman Capital Partners Iii Lp • Services-engineering services • California
Contract Type FiledJuly 17th, 2006 Company Industry JurisdictionTHIS SECURITIES PURCHASE AGREEMENT is entered into as of the 30th day of June, 2006 (this “Agreement”), by and among BUTLER INTERNATIONAL, INC., a Maryland corporation, (the “Parent”), BUTLER SERVICE GROUP, INC., a New Jersey corporation (“BSG”), BUTLER SERVICES INTERNATIONAL, INC., a Delaware corporation (“BSI”), BUTLER TELECOM, INC., a Delaware corporation (“Butler Telecom”), BUTLER SERVICES, INC., a Delaware corporation (“Butler Services”), BUTLER UTILITY SERVICE, INC., a Delaware corporation (“Butler Utility”), BUTLER PUBLISHING, INC., a Delaware corporation (“Butler Publishing” and together with Parent, BSG, BSI, Butler Telecom, Butler Services, and Butler Utility are referred to hereinafter each individually as “Company”, and individually and collectively, jointly and severally, as the “Companies”), and each of the Parent’s Subsidiaries signatory hereto (together with the Parent, each a “Guarantor” and collectively the “Guarantors”), and LEVINE LEICHTMAN CAPITAL PARTNERS III, L.P
JOINT REPORTING AGREEMENTJoint Reporting Agreement • July 17th, 2006 • Levine Leichtman Capital Partners Iii Lp • Services-help supply services
Contract Type FiledJuly 17th, 2006 Company IndustryIn consideration of the mutual covenants herein contained, pursuant to Rule 13d-1(k)(1) promulgated under the Securities Exchange Act of 1934, as amended, each of the parties hereto represents to and agrees with the other parties as follows:
BUTLER INTERNATIONAL, INC. WARRANT TO PURCHASE 1,041,254 SHARES OF COMMON STOCKLevine Leichtman Capital Partners Iii Lp • July 17th, 2006 • Services-engineering services • California
Company FiledJuly 17th, 2006 Industry JurisdictionThis Warrant is being issued in connection with the consummation of the transactions contemplated by that certain Securities Purchase Agreement dated as of June 30, 2006 (as amended from time to time, the “Securities Purchase Agreement”), by and among the Company, Holder and certain other parties.
Levine Leichtman Capital Partners III, L.P. 335 North Maple Drive, Suite 240 Beverly Hills, CA 90210 June 30, 2006Levine Leichtman Capital Partners Iii Lp • July 17th, 2006 • Services-engineering services • California
Company FiledJuly 17th, 2006 Industry JurisdictionButler International, Inc. Butler Service Group, Inc. Butler Services International, Inc. Butler Telecom, Inc. Butler Services, Inc. Butler Utility Service, Inc. Butler Publishing, Inc. 110 Summit Avenue Montvale, New Jersey 07645
Levine Leichtman Capital Partners III, L.P. 335 North Maple Drive, Suite 240 Beverly Hills, CA 90210 June 30, 2006Levine Leichtman Capital Partners Iii Lp • July 17th, 2006 • Services-engineering services • California
Company FiledJuly 17th, 2006 Industry JurisdictionButler International, Inc. Butler Service Group, Inc. Butler Services International, Inc. Butler Telecom, Inc. Butler Services, Inc. Butler Utility Service, Inc. Butler Publishing, Inc. 110 Summit Avenue Montvale, New Jersey 07645
REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • July 17th, 2006 • Levine Leichtman Capital Partners Iii Lp • Services-help supply services • California
Contract Type FiledJuly 17th, 2006 Company Industry JurisdictionTHIS REGISTRATION RIGHTS AGREEMENT is entered into as of the 30th day of June, 2006 (this “Agreement”), by and between BUTLER INTERNATIONAL, INC., a Maryland corporation (“Parent”), and LEVINE LEICHTMAN CAPITAL PARTNERS III, L.P., a California limited partnership (“Purchaser”).
INVESTOR RIGHTS AGREEMENTInvestor Rights Agreement • July 17th, 2006 • Levine Leichtman Capital Partners Iii Lp • Services-help supply services • California
Contract Type FiledJuly 17th, 2006 Company Industry JurisdictionTHIS INVESTOR RIGHTS AGREEMENT is entered into as of June 30, 2006 (this “Agreement”), by and among BUTLER INTERNATIONAL, INC., a Maryland corporation (the “Parent”), LEVINE LEICHTMAN CAPITAL PARTNERS III, L.P., a California limited partnership (“Purchaser”), EDWARD KOPKO, an individual, and FREDERICK H. KOPKO, JR., an individual (“FK” and, together with EK, each individually a “Principal Shareholder” and collectively, the “Principal Shareholders”).