0001104659-08-019287 Sample Contracts

STOCK PURCHASE AGREEMENT dated as of March 12, 2008 by and among KOR ELECTRONICS, as Buyer, PARAGON DYNAMICS, INC., as Company, and
Stock Purchase Agreement • March 24th, 2008 • Zanett Inc • Services-business services, nec • Delaware

This STOCK PURCHASE AGREEMENT (“Agreement”) is made as of March 12, 2008, by and among KOR Electronics, a California corporation (“Buyer”), Paragon Dynamics, Inc., a Delaware corporation (“Company”) and Zanett, Inc., a Delaware corporation (“Seller”). Buyer, Company and Seller are each referred to herein as a “Party” and collectively as “Parties.”

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THIRD AMENDMENT AND MODIFICATION TO LOAN AND SECURITY AGREEMENT
Loan and Security Agreement • March 24th, 2008 • Zanett Inc • Services-business services, nec • Pennsylvania

THIS THIRD AMENDMENT AND MODIFICATION TO LOAN AND SECURITY AGREEMENT (the “Amendment”) is made effective as of March 17, 2008 by and among LASALLE BANK NATIONAL ASSOCIATION (the “Lender”) and ZANETT, INC., a Delaware corporation (“Zanett”), ZANETT COMMERCIAL SOLUTIONS, INC., a Delaware corporation (“ZCS”; Zanett and ZCS are each individually, a “Borrower” and collectively, the “Borrowers”) and PARAGON DYNAMICS, INC., a Delaware corporation (“Paragon”).

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