0001144204-09-048147 Sample Contracts

LOAN AND SECURITY AGREEMENT
Loan and Security Agreement • September 11th, 2009 • Bhit Inc • Real estate investment trusts • Illinois
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EMPLOYMENT AGREEMENT
Employment Agreement • September 11th, 2009 • Bhit Inc • Real estate investment trusts • Florida

THIS EMPLOYMENT AGREEMENT (the “Agreement”) is made and entered into as of August 31, 2009, by and between The Wood Energy Group, Inc., a Missouri corporation (“Employer”), and Andy C. Lewis, an individual residing at 868 South Allis Road, Wilmar, Arkansas 71675 (“Employee”).

CORPORATE GUARANTY OF B.H.I.T. INC.
Bhit Inc • September 11th, 2009 • Real estate investment trusts

THIS CORPORATE GUARANTY (“Guaranty”) is made and entered into as of September 4, 2009, by B.H.I.T. Inc. a Delaware Corporation whose address is 2255 Glades Road, Suite 342-W, Boca Raton, Florida 33431, on behalf of itself and its subsidiaries (the “Guarantor”), in favor of FIFTH THIRD BANK, a national banking association (“Bank”).

Re: Proposed Amendment to Purchase Agreement Dear Gentlemen:
Letter Agreement • September 11th, 2009 • Bhit Inc • Real estate investment trusts

This letter agreement (“Letter Agreement”) amends the stock purchase agreement, dated May 28, 2009, as amended from time to time (the “Purchase Agreement”), by and among B.H.I.T. Inc. (“BHIT”), The Wood Energy Group, Inc., a Missouri corporation (“Wood”), and Stephanie G. Smith and Greg Smith, trustees of the Stephanie G. Smith Trust U/A dated December 20, 1995, as amended, and Andy C. Lewis (“Sellers”). Capitalized terms used but not defined in this Letter Agreement have the meanings assigned to them in the Purchase Agreement.

Re: Proposed Amendment No. 2 to Purchase Agreement Dear Gentlemen:
Letter Agreement • September 11th, 2009 • Bhit Inc • Real estate investment trusts

This letter agreement (“Letter Agreement”) amends the stock purchase agreement, dated May 28, 2009, as amended from time to time (the “Purchase Agreement”), by and among B.H.I.T. Inc. (“Purchaser”), The Wood Energy Group, Inc., a Missouri corporation (“Wood”), and Stephanie G. Smith and Greg Smith, trustees of the Stephanie G. Smith Trust U/A dated December 20, 1995, as amended, and Andy C. Lewis (“Sellers”). Capitalized terms used but not defined in this Letter Agreement have the meanings assigned to them in the Purchase Agreement.

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