Amendment No. 3 to Agreement and Plan of Merger among SpectaGuard Acquisition LLC, BPS LLC, Barton Protective Services Incorporated, and Shareholders

  EXECUTION COPY -------------- AMENDMENT NO. 3 TO THE AGREEMENT AND PLAN OF MERGER Amendment No. 3, dated June 7, 2004 (this "AMENDMENT"), to the Agreement and Plan of Merger, dated as of May 12, 2004, by and among SpectaGuard Acquisition LLC, a Delaware limited liability company ("PARENT"), BPS LLC, a Delaware limited liability company ("MERGER SUB"), Barton Protective Services Incorporated, a Georgia corporation (the "COMPANY") and Charles Barton Rice, Sr., an individual resident of the State of Georgia ("RICE") and the other shareholder signatories thereto (collectively, with Rice, the "SHAREHOLDERS"), as amended by Amendment No. 1, dated May 21, 2004, and Amendment No. 2, dated May 27, 2004 (the "AGREEMENT"). Capitalized terms not otherwise defined herein have the respective meanings set forth in the Agreement. W I T N E S S E T H: WHEREAS, pursuant to Section 16.7 of the Agreement, Parent, Merger Sub, the Company and Rice, as the authorized representative of the Shareholders, desire to amend the Agreement as set forth below. NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, and intending to be legally bound hereby, the parties hereby agree as follows: 1. Amendment to Section 1.2 of the Agreement. Section 1.2 of the Agreement is hereby amended by replacing the date "July 30, 2004" at the end of such section with the date "August 13, 2004". 2. Miscellaneous. (a) Effect on Agreement. The Agreement shall continue in full force and effect as amended by this Amendment and this Amendment constitutes the entire agreement of the parties with respect to the matters set forth herein and there are no other agreements, commitments or understandings among the parties with respect to the matters set forth herein. In the event of any conflict or inconsistency between the provisions of this Amendment and the provisions of the Agreement, the provisions of this Amendment shall govern and control. Each and every other term, condition, covenant, representation, warranty and provision set forth in the Agreement shall remain in full force and effect in accordance with the terms of the Agreement. From and after the date hereof, all references in the Agreement to the "Agreement" shall be deemed to mean the Agreement as amended by this Amendment.  (b) Counterparts. This Amendment may be executed in any number of counterparts, each of which will be deemed an original, but all of which together will constitute one and the same instrument. (c) Interpretation. The headings used in this Amendment have been inserted for convenience of reference only and do not define or limit the provisions hereof. (d) Governing Law. Except to the extent that the laws of any jurisdiction or organization of any Party hereto, or any other jurisdiction, are mandatorily applicable to the Merger and to matters arising under or in connection with this Amendment, this Amendment shall be governed by and construed in accordance with the Laws of the State of Georgia. (e) Amendment. This Amendment may be amended, supplemented or modified only by a written instrument duly executed by or on behalf of each Party hereto. (f) Severability. If any provision of this Amendment is held to be illegal, invalid or unenforceable under any present or future Law, and if the rights or obligations of any Party hereto under this Amendment will not be materially and adversely affected thereby, (a) such provision will be fully severable, (b) this Amendment will be construed and enforced as if such illegal, invalid or unenforceable provision had never comprised a part hereof and (c) the remaining provisions of this Amendment will remain in full force and effect and will not be affected by the illegal, invalid or unenforceable provision or by its severance herefrom. [SIGNATURE PAGE FOLLOWS]  IN WITNESS WHEREOF, the parties have signed this Amendment as of the date first set out above. SPECTAGUARD ACQUISITION LLC By: /s/ William C. Whitmore, Jr. ---------------------------------- Name: William C. Whitmore, Jr. Title: President and Chief Executive Officer BPS LLC By: /s/ William C. Whitmore, Jr. ---------------------------------- Name: William C. Whitmore, Jr. Title: President and Chief Executive Officer BARTON PROTECTIVE SERVICES INCORPORATED By: /s/ Charles Barton Rice, Sr. ----------------------------------- Name: Charles Barton Rice, Sr. Title: SHAREHOLDERS' REPRESENTATIVE By: /s/ Charles Barton Rice, Sr. ----------------------------------- Name: Charles Barton Rice, Sr.