SENIOR SECURED CONVERTIBLE NOTES AMENDMENT AND CONVERSION AGREEMENTSenior Secured Convertible Notes Amendment and Conversion Agreement • October 9th, 2009 • Victory Park Capital Advisors, LLC • Services-help supply services • New York
Contract Type FiledOctober 9th, 2009 Company Industry JurisdictionThis SENIOR SECURED CONVERTIBLE NOTES AMENDMENT AND CONVERSION AGREEMENT (this “Agreement”) is entered into as of September 30, 2009 (the “Closing Date”), by and between Global Employment Holdings, Inc., a Delaware corporation (“Global”), and the holders of Global’s Senior Secured Convertible Notes (each, as amended, supplemented or otherwise modified from time to time prior to the date hereof, a “Subdebt Note” and, collectively, the “Subdebt Notes”) listed on the signature pages hereto (each, a “Subdebt Holder” and collectively, the “Subdebt Holders”). Each of Global and each Subdebt Holders is sometimes referred to herein individually as a “Party” and collectively as the “Parties.”