FORBEARANCE AGREEMENTForbearance Agreement • January 15th, 2009 • TXP Corp • Electronic & other electrical equipment (no computer equip) • New Jersey
Contract Type FiledJanuary 15th, 2009 Company Industry JurisdictionFORBEARANCE AGREEMENT (this “Agreement”), dated of as January 15, 2009, by and between TXP CORPORATION, a Nevada corporation (the “Company”), and YA GLOBAL INVESTMENTS, L.P. (formerly, CORNELL CAPITAL PARTNERS, LP) (“YA Global”). All capitalized terms used herein shall have the respective meanings assigned thereto in the Transaction Documents (as defined below) unless otherwise defined herein.