Exchange Agreement among TechSys, Inc., Little Universe, L.L.C., and Technology Keiretsu, LLC (September 29, 2000)

Summary

TechSys, Inc., Little Universe, L.L.C., and Technology Keiretsu, LLC have agreed to exchange membership units. TechSys will transfer 150,000 units it owns in Little Universe to Technology Keiretsu in return for 71,429 units in Technology Keiretsu. Little Universe will cease operations and transfer all its assets, including intellectual property, to Technology Keiretsu. The agreement does not alter the terms of a previous purchase agreement between TechSys and Technology Keiretsu. All parties acknowledge receipt of the relevant unit certificates.

EX-10.73 2 0002.txt EXCHANGE AGREEMENT EXCHANGE AGREEMENT This EXCHANGE AGREEMENT (this "Agreement") is made this 29th day of September, 2000 by and among TECHSYS, INC., a New Jersey corporation with its principal executive offices located at 44 Aspen Drive, Livingston, New Jersey 07039 (the "Holder"), LITTLE UNIVERSE, L.L.C., a New Jersey limited liability company with its principal executive offices located at 35 Airport Road, Suite 340, Morristown, New Jersey 07950 (the "Subsidiary"), and TECHNOLOGY KEIRETSU, LLC, a New Jersey limited liability company with its principal executive offices located at 35 Airport Road, Suite 340, Morristown, New Jersey 07950 (the "Parent"). The parties hereto, intending to be legally bound, agree as follows: 1. The Subsidiary and the Parent represent to the Holder that the operations of the Subsidiary will cease and all of the Subsidiary's assets, including its intellectual property, will be distributed to the Parent. 2. The Subsidiary, the Parent, and the Holder hereby exchange 150,000 membership units of the Subsidiary (the "Subsidiary's Units") presently owned by the Holder for 71,429 membership units of the Parent (the "Parent's Units"), without any further payment or action by the Holder. 3. The Holder hereby acknowledges receipt of the certificate representing the Parent's Units and the Subsidiary and the Parent hereby acknowledge receipt of the certificate representing the Subsidiary's Units. 4. The Parent and the Holder acknowledge that nothing contained in this Agreement modifies or amends the terms and conditions of the Purchase Agreement dated August 31, 2000 by and between the Holder and the Parent. [SIGNATURE PAGE TO FOLLOW] IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above. TECHSYS, INC. STEVEN L. TRENK By:______________________ Steven L. Trenk President LITTLE UNIVERSE, L.L.C. GARY FINKEL By:_______________________ Gary Finkel Chief Financial Officer TECHNOLOGY KEIRETSU, LLC BRUCE FLITCROFT By:_______________________ Bruce Flitcroft Chief Executive Manager