FORBEARANCE AGREEMENTForbearance Agreement • May 5th, 2009 • Mobilepro Corp • Telephone & telegraph apparatus • New Jersey
FORBEARANCE AGREEMENT, dated of as May 5, 2009, by and among (i) MobilePro Corp. a Delaware corporation (the “Company”), (ii) each subsidiary and affiliate of the Company listed on Schedule 1 attached hereto (the “Subsidiaries,” and collectively with the Company, the “Grantors”) and YA Global Investments, L.P. f/k/a 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.
