Exhibit 10.1

SEVERANCE AGREEMENT

THIS SEVERANCE AGREEMENT ("Agreement") is made and entered into effective
October 5, 2012 by and between XRS Corporation ("XRS" or the “Company”) and
Michael W. Weber ("Employee"). This Agreement establishes certain payment
provisions in the event that Employee is separated from employment with XRS
under the identified circumstances below. This Agreement does not create a
contract of employment, and Employee continues as an employee at will. This
Agreement supersedes and replaces in its entirety any previous severance
arrangements between the Company and Employee, including without limitation the
severance arrangements described in the letter dated February 8, 2011 from XATA
Corporation to Mike Weber.

1.
Definitions.

“Change of Control” means any of the following events:

(a)
A sale, consolidation, merger, acquisition or affiliation which results in the
stockholders of the Company (determined immediately prior to the consummation of
the transaction) holding immediately after consummation of such transaction less
than 45% of the total outstanding capital stock of the surviving or successor
corporation in the transaction (the “Surviving Corporation”); or

(b)
A sale, consolidation, merger, or acquisition in which the Company becomes
accountable to, or a part of, a newly created company or controlling
organization where at least 51% of the members of the Board of the newly created
Company or controlling organization were not members of the Company’s Board
immediately prior to such sale, consolidation, merger, or acquisition; or

(c) 
A sale or other disposition by the Company of all or substantially all of the
assets of the Company.

“Good Reason” shall mean any of the following events:

(i)
Assignment to Employee by XRS of duties which are materially inconsistent with
Employee’s then current position, duties, responsibilities, and status with XRS,
except in connection with the termination of his employment for Disability (as
defined below) or Cause, or

(ii)
A material diminution of Employee’s then current compensation, unless such
compensation is reduced as part of a Companywide reduction for similar
executives;

provided that Employee has provided notice to XRS of the occurrence of an event
listed above within thirty (30) days of the occurrence and such event is not
fully remedied by XRS within thirty (30) days after XRS’ receipt of written
notice from Employee.

--------------------------------------------------------------------------------

“Cause” shall mean either of the following events:

(a)
Any conviction or nolo contendere plea by Employee to a felony or gross
misdemeanor, or misdemeanor involving moral turpitude, or any public conduct by
Employee that has or can reasonably be expected to have a material detrimental
effect on XRS; or

(b)
Any fraud, misappropriations or embezzlement, breach of confidentiality,
noncompetition, fiduciary duty or other material obligation to Company, by
Employee or intentional material damage to the property or business of XRS.

2.    Termination and Severance.

If (a) XRS or its successor terminates Employee's employment for any reason
other than for Cause, whether or not a Change of Control has occurred, or (b)
Employee terminates employment for Good Reason within six-months following a
Change of Control, XRS or its successor entity shall:

(a)
pay Employee as severance either (I) Employee’s monthly base salary in effect at
the time of separation if severance is triggered under Section 2(a) above or
(II) Employee’s monthly base salary in effect immediately prior to the Change of
Control if severance is triggered under Section 2(b) above; less customary
withholdings, for twelve (12) consecutive months beginning within fifteen (15)
days after the General Release (referred to below) has become irrevocable, but
only if: (A) Employee has delivered to XRS or its successor a signed General
Release in the form attached as Exhibit A, (B) the rescission period in Section
5 of the General Release has expired and (c) Employee has not rescinded that
General Release during that rescission period;

(b)
reimbursement for outplacement services for a period of six (6) months not to
exceed $10,000.00, and

(c)
if Employee timely elects to continue Employee’s group health and dental
insurance coverage pursuant to applicable COBRA/continuation law and the terms
of the respective benefit plans, pay on Employee's behalf the Employer portions
of such premiums for such coverage for the lesser of twelve (12) months or such
time as Employee's COBRA/continuation rights expire (during that period the
Employee shall pay the monthly Employee portions of such premiums in an amount
equal to the monthly Employee paid portions in effect immediately before
termination of employment).

Any other provision of this Agreement notwithstanding, XRS may terminate
Employee's employment without notice if the termination is based on Cause. In
the event of a termination for Cause, and not withstanding any contrary
provision otherwise stated, Employee shall receive only Employee’s base salary
earned through the date of termination.

XRS may, subject to applicable law, terminate this Agreement by giving Employee
two (2) months notice if Employee, due to sickness or injury, is prevented from
carrying out his essential job functions for a period of six (6) months or
longer. In the event of such termination, Employee shall receive only that
compensation earned through the date of termination; provided, however, that
Employee shall be entitled to all or a portion of any bonus due Employee
pursuant to any bonus plan or arrangement established prior to termination, to
the extent earned or performed based upon the requirements or criteria of such
plan or arrangement, as the Board shall in good faith determine.

  

2

--------------------------------------------------------------------------------

Employee's employment and this Agreement will be deemed terminated upon the
death of the Employee. In the event of such termination, Employee shall receive
only compensation earned through the date of termination provided, however, that
Employee shall be entitled to all or a portion of any bonus due Employee
pursuant to any bonus plan or arrangement established prior to termination, to
the extent earned or performed based upon the requirements or criteria of such
plan or arrangement, as the Board shall in good faith determine.

This Agreement does not limit or reduce any amounts payable to Employee under
the terms of any cash bonus or equity incentive compensation plans.

3.    Miscellaneous.

Governing Law. This Agreement shall be governed and construed according to the
laws of the State of Minnesota.

Insurance. For the period from the date hereof through at least the second
anniversary of Employee’s termination of employment from Company or XRS, Company
and XRS agree to maintain Employee as an insured party on all directors’ and
officers’ insurance maintained by the Company and XRS for the benefit of its
directors and officers on at least the same basis as all other covered
individuals and provide Employee with at least the same corporate
indemnification as its officers.
Successors. This Agreement is personal to Employee and Employee may not assign
or transfer any part of his rights or duties hereunder, or any compensation due
to him hereunder, to any other person or entity. This Agreement may be assigned
by XRS and XRS shall require any successors or assigns to expressly assume and
agree to perform XRS's obligations under this Agreement.

Modification. This Agreement supersedes and replaces any and all prior oral or
written understandings, if any, between the parties relating to the subject
matter of this Agreement, which are hereby revoked. The parties agree that this
Agreement (a) is the entire understanding and agreement between the parties and
(b) is the complete and exclusive statement of the terms and conditions thereof,
and there are no other written or oral agreements in regard to the subject
matter of this Agreement. This Agreement shall not be changed or modified except
by a written document signed by the parties hereto.

Survival. This Agreement shall be binding upon XRS and its successors and
assigns, and shall continue in effect before and after a Change of Control.

Tax Withholding/Section 409A. XRS may withhold from any amounts payable under
this Agreement such federal, state and local income and employment taxes as XRS
determines are required to be withheld pursuant to any applicable law or
regulations. This Agreement is intended to be exempt from the requirements of
Section 409A(a)(2), (3) and (4) of the Internal Revenue Code and should be
interpreted accordingly. Notwithstanding anything in this Agreement to the
contrary, in no event will the amounts payable under Section 2(i) exceed the
limit allowed for an “involuntary separation from service plan” under Treas.
Reg. § 1.409A-1(b)(9)(iii).

3

--------------------------------------------------------------------------------

IN WITNESS WHEREOF the following parties have executed the above instrument the
day and year first above written.

XRS Corporation

By: /s/ John J. Coughlan    
Its: Chief Executive Officer

/s/ Michael W. Weber    
    Michael W. Weber

4

--------------------------------------------------------------------------------

EXHIBIT A

GENERAL RELEASE

This General Release (the “General Release”) is made and entered into as of the
______ day of ______________, between Michael W. Weber (“Weber”) and XRS
Corporation, a Minnesota corporation (XRS Corporation and its successors are
jointly and severally referred to herein as “XRS”).
 
WHEREAS, XRS and Weber entered into a Severance Agreement dated October 5, 2012
(the “Severance Agreement”), which provides for the payment of certain severance
payments to Weber if the payment conditions are met under the Severance
Agreement;

WHEREAS, under the Severance Agreement, Weber must execute and deliver this
General Release as a condition precedent to the receipt of severance payments
under the Severance Agreement;

WHEREAS, Weber is no longer an officer or employee of XRS (the final date of
Weber’s employment with XRS is referred to as the “Final Date of Employment”);
and

WHEREAS, Weber intends to settle any and all claims that Weber has or may have
against XRS, except for the continuing obligations of XRS described in Section 1
below;

NOW, THEREFORE, in consideration of the foregoing, Weber and XRS agree as
follows:

1.    Continuing Obligations of XRS. This General Release does not amend, waive
or discharge any obligations of XRS to Weber under any of the following
(collectively, the “Continuing Obligations of XRS”):

(a)
the Severance Agreement;

(b)
accrued and unpaid salary through the Final Date of Employment;

(c)
PTO (personal time off) and other employee benefits applicable to Weber as of
the Final Date of Employment;

(d)
any cash or equity compensation plans, arrangements or equity grants in effect
as of the Final Date of Employment (those compensation or equity arrangements
are governed by the respective plan or grant document, and are not amended,
extended or terminated by this General Release);

(e)
the terms of the Articles of Incorporation and Bylaws of XRS, as applicable to
officers of XRS as of the Final Date of Employment;

(f)
the provisions of the Minnesota Business Corporation Act, as applicable to
officers of XRS as of the Final Date of Employment;

(g)
the officers & directors insurance for XRS, as applicable to officers of XRS as
of the Final Date of Employment;

1

--------------------------------------------------------------------------------

(h)
if Weber is a shareholder of XRS, any obligations of XRS to Weber as a
shareholder;

(i)
any written agreement or arrangements, if any, which obligate XRS to indemnify
and/or purchase officers & directors insurance for the officers of XRS (who
served in such capacity as of the Final Date of Employment); or

(j)
any other applicable statute or regulation which obligates XRS to indemnify
officers of XRS (who served in such capacity as of the Final Date of
Employment).

2.    Release of Claims.

(a)
Except only for the Continuing Obligations of XRS, in consideration of the first
$5,000 in severance that is payable under the Severance Agreement, Weber hereby
fully and completely releases and waives any and all claims, complaints, causes
of action, demands, suits, and damages, of any kind or character, which Weber
has or may have against the Releasees (as hereinafter defined), arising out of
any acts, omissions, conduct, decisions, behavior, or events occurring up
through the date of Weber’s signature on this General Release, including Weber’s
employment with XRS and the cessation of that employment, with the exception of
possible claims under the Age Discrimination in Employment Act. For purposes of
this General Release, the “Releasees” means collectively XRS, its predecessors,
successors, assigns, parents, affiliates, subsidiaries, related companies,
officers, directors, shareholders, agents, servants, auditors, attorneys,
employees, and insurers, and each and all thereof. Weber understands and accepts
that Weber’s release of claims includes any and all possible claims, both known
or unknown, asserted or unasserted, direct or indirect, including but not
limited to claims based upon:

(i)
Title VII of the Federal Civil Rights Act of 1964, as amended;

(ii)
the Americans with Disabilities Act; the Equal Pay Act;

(iii)
the Fair Labor Standards Act; the Employee Retirement Income Security Act; or

(iv)
any other federal, state or local statute, ordinance or law.

Weber also understands and agrees that, except only for the Continuing
Obligations of XRS, Weber is giving up all other claims, including those
grounded in contract or tort theories, including but not limited to: wrongful
discharge; violation of Minnesota law; breach of contract; tortious interference
with contractual relations; promissory estoppel; breach of the implied covenant
of good faith and fair dealing; breach of express or implied promise; breach of
manuals or other policies; assault; battery; fraud; sexual harassment; false
imprisonment; invasion of privacy; intentional or negligent misrepresentation;
defamation, including libel, slander, discharge defamation and self-publication
defamation; discharge in violation of public policy; whistleblower; intentional
or negligent infliction of emotional distress; or any other theory, whether
legal or equitable.

Weber further understands and agrees that, except only for the Continuing
Obligations of XRS, Weber is releasing, and does hereby release, any claims for
damages, by charge or otherwise, whether brought by Weber or Weber’s behalf by
any other party, governmental or otherwise, and agrees not to institute any
claims for damages via administrative or legal

2

--------------------------------------------------------------------------------

proceedings against any of the Releasees. Weber also waives and releases any and
all rights to money damages or other legal relief awarded by any governmental
agency related to any charge or other claim against any of the Releasees.

(b)
Except only for the Continuing Obligations of XRS, in consideration of the
remainder of the severance that is payable under the Severance Agreement (after
the first $5,000 referred to in Section 2(a) above), Weber hereby fully and
completely releases the Releasees from each and every legal claim or demand of
any kind that Weber ever had or might now have arising out of any action,
conduct, or decision taking place during Weber’s employment with XRS, asserted
or unasserted, known or unknown, direct or indirect, arising under or relating
to the Age Discrimination in Employment Act, as amended.

3.    Other Agreements. This General Release does not amend, waive or discharge
any obligations of Weber under the noncompetition and nondisclosure agreement
entered into between Weber and XRS when Weber first became an employee of XRS.

4.    Acceptance Period; Advice of Counsel. The terms of this General Release
will be open for acceptance by Weber for a period of 21 days after the Final
Date of Employment, during which time Weber may consider whether or not to
accept and sign this General Release. Weber agrees that changes to this General
Release, whether material or immaterial, will not restart this acceptance
period. Weber is advised to seek the advice of an attorney before signing this
General Release (at Weber’s own expense).

5.    Rescission. Weber has been informed of Weber’s right to rescind this
General Release by written notice to XRS within fifteen (15) calendar days after
the execution of this General Release. Weber has been informed and understands
that any such rescission must be in writing and delivered by hand, or sent by
U.S. Mail within that 15-day time period to the attention of XRS’ General
Counsel, at XRS’ principal office address. If delivered by U.S. Mail, the
rescission must be: (1) postmarked within that 15-day period and (2) sent by
certified mail, return receipt requested. Weber understands and agreed that XRS
will have no obligations to pay severance under the Severance Agreement if Weber
delivers a timely notice of rescission to XRS.

6.    Binding Agreement. This General Release shall be binding upon, and inure
to the benefit of, Weber and XRS and their respective successors and permitted
assigns.

7.    Representation. Weber acknowledges and states that Weber has read this
General Release. Weber further represents that this General Release is written
in language which is understandable to Weber, that Weber fully appreciates the
meaning of its terms, and that Weber enters into this General Release freely and
voluntarily.

8.    Non-Admission. It is understood and agreed that this General Release does
not constitute an admission by XRS of any liability, wrongdoing, or violation of
any law. Further, XRS expressly denies any wrongdoing of any kind whatsoever in
its actions and dealings with Weber.

9.    Amendments. No amendment or modification of this General Release shall be
deemed effective unless made in writing and signed by Weber and XRS.    

                        

3

--------------------------------------------------------------------------------

XRS Corporation

_______________________________        By: _____________________________
Michael W. Weber                Title: ____________________________

Date Signed: ____________________        Date Signed: ______________________

4