0001188112-07-000907 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • March 30th, 2007 • Smart Online Inc • Services-prepackaged software

THIS EMPLOYMENT AGREEMENT (the “Agreement”) by and between Smart Online, Inc. a Delaware corporation (the “Company”), and Thomas Furr (the “Employee”), dated as of the 1st day of April, 2004.

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EMPLOYMENT AGREEMENT
Employment Agreement • March 30th, 2007 • Smart Online Inc • Services-prepackaged software

THIS EMPLOYMENT AGREEMENT is made as of the 1st day of April 2004, between Smart Online, Inc. (the “Company”) and Scott Whitaker (the “Employee”).

Contract
Employment Agreement • March 30th, 2007 • Smart Online Inc • Services-prepackaged software
BUSINESS LOAN AGREEMENT
Security Agreement • March 30th, 2007 • Smart Online Inc • Services-prepackaged software • Michigan

THIS BUSINESS LOAN AGREEMENT (“Loan Agreement” or “Agreement”) is made on October 17, 2006 by and between Smart Commerce, Inc. (“Borrower”), a corporation organized under the laws of the State of Delaware, whose chief executive office is located at 2530 Meridian Parkway, Durham, North Carolina 27773, and Fifth Third Bank, a Michigan banking corporation (“Bank”), whose address is 1000 Town Center, Suite 1500, Southfield, Michigan 48075.

AMENDMENT TO REGISTRATION RIGHTS AGREEMENT
Registration Rights Agreement • March 30th, 2007 • Smart Online Inc • Services-prepackaged software

THIS AMENDMENT, dated as of the latter of the two dates set forth under the signatures below (the “Amendment”), to the Registration Rights Agreement, effective _________ ____, 2005 (the “Agreement”), is by and between Smart Online, Inc., a Delaware corporation (the “Company”) and the undersigned (together with its affiliates, successors, assigns, or transferees of its rights under the Agreement or this Amendment, the “Investor”).

Amendment No. 1 to LOCK BOX AGREEMENT
Lock Box Agreement • March 30th, 2007 • Smart Online Inc • Services-prepackaged software

This Amendment No. 1 to Lock Box Agreement dated as of November 8, 2006 (this “Amendment”) is made by and among Smart Online, Inc., a Delaware corporation (the “Buyer”), Smart Commerce, Inc., a Delaware corporation (the “Company”), and certain former shareholders of iMart Incorporated, Inc. (the “Sellers”)

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