0000950144-03-007639 Sample Contracts

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RECITALS
Rights Agreement • June 10th, 2003 • Gevity Hr • Services-management services
PREFERRED STOCK PURCHASE AGREEMENT
Preferred Stock Purchase Agreement • June 10th, 2003 • Gevity Hr • Services-management services • Florida
RECITALS
Rights Agreement • June 10th, 2003 • Gevity Hr • Services-management services
June 6, 2003
Preferred Stock Purchase Agreement • June 10th, 2003 • Gevity Hr • Services-management services

Each of the undersigned is a party to the Preferred Stock Purchase Agreement dated as of April 24, 2003, as amended by the First Amendment to Purchase Agreement dated as of June 3, 2003 (as amended, the "Purchase Agreement") by and among Gevity HR, Inc. (the "Company") and the undersigned (collectively referred to herein as the "Purchasers" and individually as a "Purchaser"), pursuant to which the Company has agreed to sell an aggregate of 30,000 shares of its Series A Convertible, Redeemable Preferred Stock, par value $.01 per share (the "Preferred Stock"), and the Purchasers have agreed to purchase the Preferred Stock under the terms set forth in the Purchase Agreement. The Preferred Stock is convertible into shares of the Company's common stock, par value $.01 per share (the "Common Stock"). The number of shares of Common Stock issuable upon conversion is computed by multiplying the number of shares of Preferred Stock to be converted by $1,000 and dividing the results by the convers

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