Exhibit RSecurities Purchase Agreement and Waiver • November 18th, 2002 • Wynnchurch Capital Partners Lp • Services-help supply services • Illinois
Exhibit S WYNNCHURCH CAPITAL PARTNERS, L.P. WYNNCHURCH CAPITAL PARTNERS CANADA, L.P. Two Conway Park 150 Field Drive, Suite 165 Lake Forest, Illinois 60045 November 14, 2002 Fleet Capital Corporation One Federal Street Mail Stop MA DE 10307X Boston,...Wynnchurch Capital Partners Lp • November 18th, 2002 • Services-help supply services
Reference is made to (i) the Credit and Security Agreement dated as of January 31, 2002 (as heretofore amended, supplemented or otherwise modified, the "Credit Agreement") among Alternative Resources Corporation, ARC Service, Inc., ARC Solutions, Inc., ARC Midholding, Inc., Writers Inc., as co-borrowers (the "Borrowers") and Fleet Capital Corporation, as lender (the "Lender"), (ii) the Subordination and Intercreditor Agreement dated as of January 31, 2002 (as heretofore amended, supplemented or otherwise modified, the "Subordination and Intercreditor Agreement") among Wynnchurch Capital Partners, L.P., Wynnchurch Capital Partners Canada, L.P. (collectively, "Wynnchurch"), the Borrowers and the Lender, and (iii) the Third Amendment to Credit Agreement and Waiver dated as of November 14, 2002 among the Borrowers and the Lender (the "Third Amendment"). Unless otherwise defined herein, capitalized terms used herein as defined terms have the meanings ascribed thereto in the Credit Agreement
