AMENDED AND RESTATED CREDIT AND SECURITY AGREEMENT BY AND AMONG GLOBAL EMPLOYMENT SOLUTIONS, INC., EXCELL PERSONNEL SERVICES CORPORATION, FRIENDLY ADVANCED SOFTWARE TECHNOLOGY, INC., TEMPORARY PLACEMENT SERVICE, INC., SOUTHEASTERN STAFFING, INC.,...Credit and Security Agreement • July 26th, 2006 • Global Employment Holdings, Inc. • Services-help supply services • Colorado
WHEREAS, certain Borrowers and the Lender have entered into a Credit and Security Agreement dated as of March 7, 2002, as amended by a First Amendment to Credit and Security Agreement dated as of June 26, 2003, a Second Amendment to Credit and Security Agreement and Waiver of Defaults dated as of August 30, 2004, a Third Amendment to Credit and Security Agreement and Waiver of Defaults dated as of January 31, 2005, a Fourth Amendment to Credit and Security Agreement and Waiver of Defaults dated as of May 13, 2005 and a Fifth Amendment to Credit and Security Agreement dated as of March 31, 2006 (as amended, the “Former Credit Agreement”); and
PLEDGE AGREEMENTPledge Agreement • July 26th, 2006 • Global Employment Holdings, Inc. • Services-help supply services • Colorado
THIS PLEDGE AGREEMENT, dated as of July __, 2006, is made and given by [PLEDGOR], a corporation organized under the laws of the State of Florida (the “Pledgor”), to WELLS FARGO BANK, N.A. (the “Secured Party”), acting through its WELLS FARGO BUSINESS CREDIT operating division.
PATENT AND TRADEMARK SECURITY AGREEMENTPatent and Trademark Security Agreement • July 26th, 2006 • Global Employment Holdings, Inc. • Services-help supply services
This Agreement, dated as of July ___, 2006, is made by and between [NAME OF DEBTOR], a Florida corporation, having a business location at the address set forth below next to its signature (the “Debtor”), and Wells Fargo Bank, National Association (the “Secured Party”), acting through its Wells Fargo Business Credit operating division, and having a business location at the address set forth below next to its signature.
COPYRIGHT SECURITY AGREEMENTSecurity Agreement • July 26th, 2006 • Global Employment Holdings, Inc. • Services-help supply services
This Agreement, dated as of July , 2006, is made by [DEBTOR], A Florida Corporation (the “Debtor”), having a mailing address at 3350 Buschwood Park Drive, Suite 200, Tampa, Florida 33618, for the benefit of Wells Fargo Bank, National Association (the “Secured Party”), acting through its Wells Fargo Business Credit operating division, having a place of business at Wells Fargo Center, MAC C7300-210, 1740 Broadway, Denver, Colorado 80274.
AMENDMENT TO GUARANTOR DOCUMENTSDocuments • July 26th, 2006 • Global Employment Holdings, Inc. • Services-help supply services
THIS AMENDMENT (the “Amendment”), dated as of July 24, 2006, is entered into by and between GLOBAL EMPLOYMENT HOLDINGS, Inc., a Delaware corporation (the “Guarantor”), and WELLS FARGO BANK, NATIONAL ASSOCIATION (with its participants, successors and assigns, the “Lender”), acting through its Wells Fargo Business Credit operating division.
