iLABOR NETWORK SUPPLIER AGREEMENTNetwork Supplier Agreement • March 20th, 2009 • Clearpoint Business Resources, Inc • Services-help supply services • Pennsylvania
This iLABOR NETWORK SUPPLIER AGREEMENT (the “Agreement”), is made and entered into as of the 28th day of February, 2008, by and between ClearPoint Resources, Inc., a Delaware corporation, located at 1600 Manor Drive, Suite 110, Chalfont, PA 18914 (the “ClearPoint”), and StaffChex, Inc., a California , located at 1122 East Lincoln Avenue, Suite 118, Orange, CA 92865 ( “StaffChex”) and StaffChex Servicing, LLC., a California Limited Liability company, located at 1122 East Lincoln Avenue, Suite 118, Orange, CA 92865 (“StaffChex Servicing” and together with StaffChex, the “Company”). ClearPoint and the Company, intending to be legally bound hereby, agree as follows:
iLabor Network Supplier Agreement Amendment No. 2Network Supplier Agreement • November 24th, 2009 • Clearpoint Business Resources, Inc • Services-help supply services • Pennsylvania
Whereas, pursuant to the iLabor Network Supplier Agreement entered into between ClearPoint Resources, Inc. (“ClearPoint”), Staffchex, Inc. (“Staffchex”) and Staffchex Servicing, Inc. (“Staffchex Servicing” and together with “Staffchex”, the “Company”) on February 28th, 2008 (the “Agreement”), and as Amended on March 16th, 2009, ClearPoint and the Company wish to enter into this amendment (the “Second Amendment”) to the Agreement dated this 18th day of November, 2009 but effective as of November 1, 2009 (the “Effective Date”) as follows:
iLabor Network Supplier Agreement Amendment No. 3Network Supplier Agreement • April 15th, 2010 • Clearpoint Business Resources, Inc • Services-help supply services
WHEREAS, the Company and ClearPoint agreed to a reduction in the Compensation from 1.25% to 0.75%, effective November 1, 2009 in exchange for the Transferred Accounts, generating a minimum of $96,153 in gross billings on a weekly basis, and that minimum has not been met. The Parties hereby agree that the Compensation rate effective as of the date of this Amendment No. 3, shall be 0.75% on all Staffchex collections, excluding those accounts listed on Attachment A of Amendment No. 2. Of the 0.75% Compensation rate, 0.50% shall be deferred in accordance with Amendment No. 2 until February 1, 2010. Additionally, Staffchex agrees to direct WFBC to pay ClearPoint $2,885 per week, effective January 11, 2010, in lieu of Transferred Accounts until such time as the total Transferred Accounts increases to $96,153. For the period December 14, 2009 through January 8, 2010, Staffchex will pay ClearPoint 3% of actual billings for Transferred Accounts. Determination of a completed transfer is in the s
iLabor Network Supplier Agreement Amendment No. 1Network Supplier Agreement • March 20th, 2009 • Clearpoint Business Resources, Inc • Services-help supply services
Whereas, pursuant to the iLabor Network Supplier Agreement entered into between ClearPointResources, Inc. (“ClearPoint”), Staffchex, Inc. (“Staffchex”) and Staffchex Servicing, Inc. (“Staffchex Servicing” and together with “Staffchex”, the “Company”) on February 28th, 2008 (the “Agreement”), ClearPoint and the Company wish to enter into this amendment (the “Amendment”) to the Agreement as of this 16th day of March, 2009 as follows:
