SUBSCRIPTION AGREEMENTSeries a Preferred Stock • October 6th, 2008 • Spar Group Inc • Services-business services, nec • New York
This Amended and Restated Series A Preferred Stock Subscription Agreement (this “Agreement”) dated September 30, 2008, and effective as of March 31, 2008, by and among SPAR Group, Inc., a Delaware corporation (the “Corporation”), each of Robert G. Brown and William H. Bartels (each a “Shareholder”, and collectively, the “Shareholders”), and SPAR Management Services, Inc., a Nevada corporation wholly owned by the Shareholders (“SMSI”). The Corporation, the Shareholders and SMSI (collectively, the “Parties”) are each parties to that certain Series A Preferred Stock Subscription Agreement dated as of the 31st day of March, 2008 (as the same may be supplemented, modified, amended, restated or replaced from time to time in the manner provided therein, the “Existing Subscription Agreement”). The Parties desire to amend, restate and completely replace the Existing Subscription Agreement in order to clarify and correct certain matters contained therein.
SUBSCRIPTION AGREEMENTSeries a Preferred Stock • October 6th, 2008 • Spar Group Inc • Services-business services, nec • New York
This Series A Preferred Stock Subscription Agreement (this “Agreement”) is dated September 30, 2008, and effective as of September 24, 2008, by and among SPAR Group, Inc., a Delaware corporation (the “Corporation”), and each of SP/R Inc. Defined Benefit Pension Plan, acting through Robert G. Brown, its Trustee, WHB Services, Inc. Defined Benefit Trust, acting throughWilliam H. Bartels, its Trustee, and WHB Services, Inc. Incentive Savings Trust, acting throughWilliam H. Bartels, its Trustee (each a “Purchaser”, and collectively, the “Purchasers”).
BILL OF SALE AND LEASE TERMINATION UNDER CERTAIN SCHEDULES TO MASTER EQUIPMENT LEASES IntroductionSpar Group Inc • October 6th, 2008 • Services-business services, nec
This Bill of Sale and Lease Termination Under Certain Schedules to Master Equipment Leases, dated September 30, 2008, and effective as of September 24, 2008 (this “Bill of Sale”), is by and between, SPAR Marketing Force, Inc., a Nevada corporation (the “Assignee” or “SMF”), SPAR Canada Company, a Nova Scotia corporation (“SPAR Canada” or “SCC”), and SPAR Marketing Services, Inc., a Nevada corporation (the “Lessor”). The Assignee and SPAR Canada may be referred to individually as a “Lessee” and collectively as the “Lessees”, and the Lessees and the Lessor may be referred to individually as a “party” and collectively as the “parties”.
FIRST AMENDMENT TO AMENDED AND RESTATED FIELD SERVICE AGREEMENT IntroductionField Service Agreement • October 6th, 2008 • Spar Group Inc • Services-business services, nec
This First Amendment to Amended and Restated Field Service Agreement, dated as of September 30, 2008, effective as of September 24, 2008 (this “Amendment”), is by and between SPAR Marketing Services, Inc., a Nevada corporation (“SMS”), and SPAR Marketing Force, Inc., a Nevada corporation (the “Company”). SMS and the Company may be referred to individually as a “Party” and collectively as the “Parties”.
