April 11, 2006Letter Agreement • April 14th, 2006 • Prosoft Learning CORP • Services-educational services
This letter serves to memorialize the agreements that we have reached among VCampus Corporation, a Delaware corporation (“VCampus”) and each of you who are secured noteholders of Prosoft, regarding the anticipated reorganization of Prosoft as described below.
TRANSITION SERVICES AGREEMENTTransition Services Agreement • April 14th, 2006 • Prosoft Learning CORP • Services-educational services • Arizona
This Transition Services Agreement (“Agreement”) is made this 10th day of April 2006 (“Effective Date”), between Prosoft Learning Corporation, a Nevada corporation (the “Company”), and Benjamin M. Fink (the “Employee”).
ACQUISITION AND REORGANIZATION AGREEMENT BETWEEN VCAMPUS CORPORATION AND PROSOFT LEARNING CORPORATION AND COMPUTERPREP, INC. April 11, 2006Acquisition and Reorganization Agreement • April 14th, 2006 • Prosoft Learning CORP • Services-educational services • Delaware
This Acquisition and Reorganization Agreement (the “Agreement”) made this 11th day of April, 2006, by and between Prosoft Learning Corporation, a Nevada corporation (“PLC”), and its Subsidiary (as defined herein), ComputerPREP, Inc., a Delaware corporation (“CP”), both of whose addresses are 410 N. 44 Street, Suite 600, Phoenix, Arizona 85008 (PLC and CP, collectively, “Prosoft”), and VCampus Corporation, a Delaware corporation, whose address is 1850 Centennial Park Drive, Suite 200, Reston, Virginia 20191 (“VCampus”).
