THE CIT GROUP/BUSINESS CREDIT, INC. Los Angeles, California 90071 Dated as of March 31, 2004Letter of Credit Agreement • May 3rd, 2004 • Kforce Inc • Services-help supply services • California
This letter agreement (the “Agreement”) sets forth the agreement among you (together, the “Account Parties”) and us (“CIT”) with respect to the one or more irrevocable standby letters of credit in the aggregate amount of $5,000,000 (the “L/Cs”) to be provided in support of our credit facility to Hall, Kinion & Associates, Inc., Group-Ipex, Inc. and Onstaff Acquisition Corp. (collectively, the “Companies”) to be extended by CIT thereunder pursuant to that certain Financing Agreement, dated as of June 13, 2003 (as amended, the “Financing Agreement”)
