COMPUTER SOFTWARE INNOVATIONS, INC.Restricted Stock Agreement • August 14th, 2006 • Computer Software Innovations Inc • Services-computer integrated systems design • Delaware
THIS RESTRICTED STOCK AGREEMENT (this “Agreement”), dated as of the 20th day of June, 2006, between Computer Software Innovations, Inc., a Delaware corporation (the “Company”) and Jeffery A. Bryson (the “Director”), is made pursuant and subject to the provisions of the Company’s 2005 Incentive Compensation Plan, as amended, and any future amendments thereto (the “Plan”). The Plan, as it may be amended from time to time, is incorporated herein by reference. All terms used in this Agreement that are defined in the Plan shall have the same meanings given them in the Plan.
COMPUTER SOFTWARE INNOVATIONS, INC.Computer Software Innovations Inc • August 14th, 2006 • Services-computer integrated systems design
This letter is being provided to you in connection with: (a) the March 14, 2005 Loan Agreement and related Loan Documents (as such term is defined in the Loan Agreement) between Computer Software Innovations, Inc. (“CSI”) and RBC Centura Bank (the “Bank”) evidencing CSI’s credit facility with the Bank in the amount of $3,000,000, which credit facility was extended on March 1, 2006 and May 1, 2006, and which was modified pursuant to a Modification Agreement on July 14, 2006 to increase the principal amount of the facility to $3,500,000 and to extend the facility’s maturity date to July 15, 2007; and (b) CSI’s February 10, 2006 promissory note and related agreements (collectively, the “Term Promissory Note”) evidencing a term loan with the Bank in the amount of $400,000. The Term Promissory Note, the Loan Agreement, the Loan Documents and the Modification Agreement are hereinafter referenced collectively as the “Credit Documents.” Specifically, this letter relates to a potential cross-de
