SENIOR SECURED REVOLVING CREDIT FACILITY AGREEMENT IN THE MAXIMUM AMOUNT OF US$3,000,000 BY AND BETWEEN THE STAFFING GROUP LTD., as Borrower, STAFF FUND I, LLC, as Guarantor, AND TCA GLOBAL CREDIT MASTER FUND, LP, as Lender Dated as of March 31, 2016...Senior Secured Revolving Credit Facility Agreement • April 7th, 2016 • Staffing Group, Ltd. • Services-personal services • Nevada
This SENIOR SECURED REVOLVING CREDIT FACILITY AGREEMENT (as amended, restated, modified or supplemented from time to time, this “Agreement”), dated as of March 31, 2016, and made effective as of April 5, 2016 (the “Effective Date”), is executed by and among: (i) THE STAFFING GROUP LTD., a corporation incorporated under the laws of the State of Nevada (the “Borrower”); (ii) STAFF FUND I, LLC, a limited liability company organized and existing under the laws of the State of Nevada, and any Person to hereafter become a Subsidiary of the Borrower pursuant to Section 10.18 hereof, and any Person that from time to time may hereafter become liable for the Obligations, or any part thereof, as joint and several guarantors (together, jointly and severally, the “Guarantors” and together with the Borrower, the “Credit Parties”); and (iii) TCA GLOBAL CREDIT MASTER FUND, LP, a limited partnership organized and existing under the laws of the Cayman Islands, as lender (the “Lender”).
AGREEMENT FOR PURCHASE AND SALE OF ASSETSPurchase and Sale Agreement • April 7th, 2016 • Staffing Group, Ltd. • Services-personal services • Georgia
This Agreement for Purchase and Sale of Assets (the “Agreement”), dated effective as of April 1, 2016 (the “Effective Date”), is by and among Labor SMART, INC., a Nevada corporation whose mailing address is 3270 Florence Road, Suite 200, Powder Springs, Georgia 30127 (“Seller”) and THE STAFFING GROUP, LTD., a Nevada corporation whose mailing address is 125 Townpark Drive, Suite 300, Kennesaw Ga 30144, or its assigns (“Buyer”); and Ryan Schadel, whose home address is 2815 Aquitania Lane, Cumming, Georgia 30040 (“Schadel”).
