General
Employment Enterprises, Inc.
Notice
of Guaranteed Delivery
for
Tender
of Shares of Common Stock
This
Notice of Guaranteed Delivery, or one substantially in the form hereof, must be
used to accept the offer if:
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certificates
evidencing shares of common stock, no par value, of General Employment
Enterprises, Inc., a Illinois corporation, are not immediately available
or cannot be delivered to the Depositary before the Expiration Date (as
defined in the Offer to Purchase dated April 13,
2009),
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the
procedure for book-entry transfer described in the Offer to Purchase dated
April 13, 2009 and the related Letter of Transmittal, which, together with
the Offer to Purchase, as amended or supplemented from time to time,
constitute the offer, cannot be completed on a timely basis,
or
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time
will not permit all required documents, including a properly completed and
duly executed Letter of Transmittal (or a manually signed facsimile of the
Letter of Transmittal), an Agent’s Message in the case of a book-entry
transfer (as defined in the Offer to Purchase) or the specific
acknowledgement in the case of a tender through the Automated Tender Offer
Program of the Book-Entry Transfer Facility (as defined in the Offer to
Purchase), and any other required documents, to reach the Depositary prior
to the Expiration Date (as defined in the Offer to
Purchase).
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This
Notice of Guaranteed Delivery, properly completed and duly executed, may be
delivered by hand, mail or facsimile transmission to the Depositary. See Section
3 of the Offer to Purchase.
The
Depositary for the offer is:
Continental
Stock Transfer & Trust Company
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By
First Class Mail:
Continental
Stock Transfer & Trust
Company
17
Battery Place, 8th Floor
New York, NY 10004
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By Overnight Delivery or Express Mail:
Continental
Stock Transfer & Trust Company
17
Battery Place, 8th Floor
New York, NY 10004
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By
Hand Delivery:
Continental
Stock Transfer &
Trust
Company
17
Battery Place, 8th Floor
New York, NY 10004
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Facsimile
Transmission:
(212) 616-7610
Confirm
Receipt of Facsimile by Telephone:
(212) 509-4000 ext.
536
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For this
Notice to be validly delivered, it must be received by the Depositary. Delivery
of this Notice of Guaranteed Delivery to an address other than as set forth
above or transmission of instructions via facsimile transmission other than as
set forth above will not constitute a valid
delivery. Deliveries to General Employment Enterprises, Inc. will not be
forwarded to the Depositary and therefore will not constitute valid delivery.
Deliveries to the Book-Entry Transfer Facility will not constitute valid delivery
to the Depositary.
This
Notice of Guaranteed Delivery is not to be used to guarantee signatures. If a
signature on the Letter of Transmittal is required to be guaranteed by an
Eligible Institution (as defined in the Offer to Purchase) under the
instructions to the Letter of Transmittal, the signature guarantee must appear
in the applicable space provided in the signature box on the Letter of
Transmittal.
Ladies
and Gentlemen:
The
undersigned tenders to PSQ, LLC (“PSQ”) at the price per share
indicated in this Notice of Guaranteed Delivery, upon the terms and subject to
the conditions described in the Offer to Purchase and the related Letter of
Transmittal, receipt of which is hereby acknowledged, the number of shares
specified below pursuant to the guaranteed delivery procedure described in
Section 3 of the Offer to Purchase.
Number
of shares to be tendered:
shares.
Signature(s):
Name(s)
of Record Holder(s):
(Please
Type or Print)
Certificate
Nos.:
Address
(including Zip Code):
Daytime
Area Code and Telephone No.:
Date:
,
2009
If shares
will be delivered by book-entry transfer, provide the following
information:
Account
Number:
Guarantee
(Not to
be used for a signature guarantee.)
The
undersigned, a bank, broker, dealer, credit union, savings association or other
entity that is a member in good standing of the Securities Transfer Agents
Medallion Program or a bank, broker, dealer, credit union, savings association
or other entity that is an “eligible guarantor
institution,” as that term is defined in Rule 17Ad-15 promulgated under
the Securities Exchange Act of 1934, as amended (each of the foregoing
constituting an “Eligible
Institution”), guarantees the delivery to the Depositary of the shares
tendered, in proper form for transfer, or a confirmation that the shares
tendered have been delivered pursuant to the procedure for book-entry transfer
described in the Offer to Purchase into the Depositary’s account at the
Book-Entry Transfer Facility, in each case together with a properly completed
and duly executed Letter of Transmittal (or a manually signed facsimile of the
Letter of Transmittal), or an Agent’s Message in the case of a book-entry
transfer or the specific acknowledgement in the case of a tender through the
Automated Tender Offer Program of the Book-Entry Transfer Facility, and any
other required documents, all within three (3) New York Stock Exchange trading
days after the date of receipt by the Depositary of this Notice of Guaranteed
Delivery.
The
Eligible Institution that completes this form must communicate the guarantee to
the Depositary and must deliver the Letter of Transmittal and certificates
representing shares to the Depositary within the time period set forth in the
Offer to Purchase. Failure to do so could result in a financial loss to the
Eligible Institution.
Name of
Firm:
Address
(including Zip Code):
Area Code
and Telephone No.:
Authorized
Signature: _______________________________________
Name:
Title:
Date:
,
2009
Note: Do
not send share certificates with this form. Certificates for shares should be
sent with the Letter of Transmittal.