FORBEARANCE AGREEMENTForbearance Agreement • November 15th, 2007 • Solution Technology International Inc • Services-prepackaged software • Virginia
Contract Type FiledNovember 15th, 2007 Company Industry JurisdictionTHIS FORBEARANCE AGREEMENT (this “Agreement”) is entered into as of November 12, 2007 (the “Closing Date”), by and between SOLUTION TECHNOLOGY INTERNATIONAL, INC., a corporation organized and in good standing in the State of Delaware (the “Borrower”), whose address is Garrett Information Enterprise Center, 685 Mosser Road, Suite 11, McHenry, Maryland 21541 and CROSSHILL GEORGETOWN CAPITAL, L.P., whose address is 201 North Union Street, Suite 300, Alexandria, Virginia 22314 (the “Lender”).