FORBEARANCE AGREEMENT AND THIRD AMENDMENT TO AMENDED AND RESTATED SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • April 3rd, 2009 • Qsgi Inc. • Services-business services, nec • Illinois
This Forbearance Agreement and Third Amendment to Amended and Restated Securities Purchase Agreement (this “Agreement”) is made and entered into as of March 31, 2009, by and among QSGI Inc. (“Parent”), QualTech International Corporation (“International”), QualTech Services Group, Inc. (“Services”), QSGI-DPV Inc. (“DPV”), QSGI-CCSI, INC. (“QSGI-CCSI”), Contemporary Computer Services, Inc. (“CCSI”) (each of the foregoing companies, together with Parent, a “Company” and collectively, the “Companies”), Victory Park Credit Opportunities Master Fund, Ltd. (the “Lender”) and Victory Park Management, LLC, as administrative agent and collateral agent for the Lender (the “Agent”).
