Exhibit 10.11



EMPLOYMENT AGREEMENT



THIS EMPLOYMENT AGREEMENT (this Agreement) is made and entered into as of the 4th day of September, 2007, by and between Rubicon Financial Incorporated, a Delaware corporation (Rubicon), and Tom Collier (Collier).



W I T N E S S E T H:



WHEREAS, the officers, managers and/or directors of Rubicon are of the opinion that Collier has education, experience and/or expertise which is of value to Rubicon and its stockholders, and



WHEREAS, Rubicon and Collier desire to enter into this Employment Agreement, pursuant to which Collier shall be employed by Rubicon, to set forth the respective rights, duties and obligations of the parties hereto.



NOW THEREFORE, in consideration of the promises and covenants contained herein, and other good and valuable consideration, the receipt and sufficiency of which the parties hereto acknowledge Rubicon and Collier agree as follows:



1.
        EMPLOYMENT.Rubicon hereby agrees to employ Collier and Collier hereby accepts such employment, upon the terms and conditions hereinafter set forth.




2.
        TERM.For purposes of this Agreement, Term shall mean the original term (as defined inSection 2.1below), if Renewal Term is initiated, then Term shall mean the renewal term period.




2.1
        Original Term:The Term of this Agreement shall commence on September 1, 2007 and expire on August 31, 2008, unless sooner terminated pursuant to the terms and provisions herein stated.




2.2
        Renewal:At any time prior to the expiration of the Original Term, as stated above, Rubicon and Collier may, by mutual written agreement, extend Colliers employment under the terms of this Agreement for such additional periods as they may agree.




3.
        COMPENSATION.




3.1
        Salary:Rubicon shall pay Collier a base salary of Seven Thousand Five Hundred Dollars ($7,500) per month during the Term of this Agreement. Such salary shall be payable in accordance with Rubicons normal policies but in no event less often than semi-monthly (the Salary).




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3.2
        Restricted Stock Grant:Rubicon shall issue to Collier Fifty Thousand (50,000) shares of Rubicons restricted common stock over a three-year period as follows:




3.2.1
        One Thousand Three Hundred Eighty-Nine (1,389) shares shall be issued on or before the fifth day of each month subsequent month following execution of this Agreement, with the final issuance occurring in September 2010, assuming Collier remains employed for the entire Term of this Agreement and continues to be employed by Rubicon or any of its subsidiaries for the entire thirty-six (36) month period (i.e.  should Colliers employment be terminated the subsequent monthly issuance shall be void and Collier will only retain any shares issued through the termination date of his employment. For example, if Colliers employment is terminated on December 31, 2007, Collier shall be entitled to and be issued four installments [5,556 shares] the remaining 44,444 shares shall not be issued and the agreement to issue shall become null and void); and




3.2.2
        Assuming Collier remains employed by Rubicon or any of its subsidiaries, the final issuance following the 36-month period shall be for One Thousand Three Hundred Eighty-Five (1,385) shares.




The certificates evidencing such shares shall contain the following restrictive legend:



THE SHARES OF STOCK REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, (THE ACT), OR THE SECURITIES LAWS OF ANY OTHER JURISDICTION, AND MAY NOT BE SOLD, TRANSFERRED, PLEDGED, HYPOTHECATED, OR OTHERWISE DISPOSED OF IN ANY MANNER UNLESS THEY ARE REGISTERED UNDER SUCH ACT AND THE SECURITIES LAWS OR ANY APPLICABLE JURISDICTIONS OR UNLESS PURSUANT TO ANY EXEMPTION THEREFROM.



3.3
        Stock Option Plan/Stock Purchase Plan:Collier shall be eligible to participate in Rubicons Stock Option Plans and Stock Purchase Plans, if any, during the term of employment.




4.
        COLLIER BENEFITS.




4.1
        General Benefits:Collier shall be entitled to receive or participate in all benefit plans and programs of Rubicon currently existing or hereafter made available to executives or senior management of Rubicon, including but not limited to, dental and medical insurance, pension and profit sharing plans, 401(k) plans, incentive savings plans, stock option plans, group life insurance, and other fringe benefits.




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4.2
        Vacation:Collier shall be entitled during each twelve (12) month period during the Term of this Agreement to a vacation of two (2) weeks during which time Colliers compensation will be paid in full.  Unused days of vacation will be compensated in accordance with Rubicons policy as established by Rubicon from time to time.  Collier may take the vacation periods at any time during the year as long as Collier schedules time off as to not create hardship on Rubicon.  In addition, Collier shall have such other days off as shall be determined by Rubicon and shall be entitled to paid sick leave and paid holidays in accordance with Rubicons policy.




4.3
        Business Expenses:Collier shall be entitled to receive proper reimbursement for all reasonable out-of-pocket expenses incurred directly by Collier in performing Colliers duties and obligations under this Agreement up to $500.00 per month without prior authorization. Any single expense over $200.00 shall require approval in advance by Joseph Mangiapane, Jr. or his assignee. Rubicon shall reimburse Collier for such expenses on a monthly basis, upon submission by Collier of appropriate receipts, vouchers or other documents in accordance with Rubicons T&E policy.




5.
        DUTIES/SERVICE




5.1
        Position:Collier is employed as Vice President of Information Technology (IT) and shall perform such services and duties as are defined inAddendum A, Job Description, attached hereto, and as are normally associated with such position, subject to the direction, supervision and rules and regulations of Rubicon.




5.2
        Place of Employment:The place of Colliers employment and the performance of Colliers duties will be at Rubicons corporate headquarters or at such location as agreed upon by Rubicon and Collier.




5.3
        Extent of Services:Collier shall at all times and to the best of his ability perform his duties and obligations under this Agreement in a reasonable manner consistent with the interests of Rubicon.  The precise services of Collier may be extended or curtailed, from time to time at the discretion of Rubicon, and Collier agrees to render such different and/or additional services of a similar nature as may be assigned from time to time by Rubicon.




5.3.1Except as otherwise agreed by Rubicon and Collier in writing, it is expressly understood and agreed that Colliers employment is fulltime and of a critical nature to the success of Rubicon and is therefore exclusive.  Collier may not be employed by other entities or otherwise perform duties and undertakings on behalf of others or for his own interest unless pre-approved by the Board of Directors.  Unless otherwise agreed by Rubicon



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and Collier in writing, employment of Collier at less than full time shall not affect the vesting of the Restricted Shares pursuant to this Agreement.



5.3.2Additionally, Rubicon recognizes that Collier has, or may have in the future, non-passive equity positions in other companies, which either: (a) are listed onAddendum Battached hereto; or (b) do not compete with Rubicon in the reasonable judgment of the Board of Directors.  Rubicon recognizes that such equity positions may occasionally require some limited attention from Collier during normal business hours.  However, Collier agrees that if such time is considered excessive by the Board of Directors, Collier shall be so advised and noticed by Rubicon and Collier shall be required to make appropriate adjustments to ensure his duties and obligations under this Agreement are fulfilled.



6.
        TERMINATION.The Term of this Agreement shall end upon its expiration pursuant toSection 2hereof, provided that this Agreement shall terminate prior to such date: (a) upon Colliers resignation, death or permanent disability or incapacity; or (b) by Rubicon at any time for Cause (as defined inSection 6.4below) or without Cause.




6.1
        BY RESIGNATION.  If Collier resigns with Good Reason (as defined below), this Agreement shall terminate but, Collier shall continue to receive, for a one-month period, Colliers Salary payable in periodic installments on Rubicons regular paydays, at the rate then in effect.  For purposes of this Agreement, Good Reason shall mean: (i) the assignment to Collier of duties substantially and materially inconsistent with the position and nature of Colliers employment, the substantial and material reduction of the duties of Collier which is inconsistent with the position and nature of Colliers employment, or the change of Colliers title indicating a substantial and material change in the position
and nature of Colliers employment; or (ii) a reduction in compensation and benefits that would substantially diminish the aggregate value of Colliers compensation and benefits without Colliers written consent. If Collier resigns without Good Reason, Collier shall be entitled to receive Colliers Salary only through the date of such resignation.




6.2
        BY REASON OF INCAPACITY OR DISABILITY:If Collier becomes so incapacitated by reason of accident, illness, or other disability that Collier is unable to carry on substantially all of the normal duties and obligations of Collier under this Agreement for a continuous period of thirty (30) days (the Incapacity Period), this Agreement shall terminate For purposes of the foregoing, Colliers permanent disability or incapacity shall be determined in accordance with Rubicons disability insurance policy, if such a policy is then in effect, or if no such policy is then in effect, such permanent disability or incapacity shall be determined by Rubicons Board of Directors in its good faith judgment based upon




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Colliers inability to perform normal and reasonable duties and obligations.



6.3
        BY REASON OF DEATH:If Collier dies during the Term of this Agreement, Rubicon shall pay to the estate of Collier any earned Salary only through the date of Colliers death.  Other death benefits, if any, will be determined in accordance with the terms of Rubicons benefit plans and programs.




6.4
        FOR CAUSE.If the Term of this Agreement is terminated by Rubicon for Cause Collier shall be entitled to receive Colliers Salary only through the date of termination. However, if a dispute arises between Rubicon and Collier that is not resolved within sixty (60) days and neither party initiates arbitration proceedings pursuant toSection 11.8, Rubicon shall have the option to pay Collier the lump sum of two (2) months base of Colliers Salary at the time of termination (the Severance Payment) rather than Colliers Salary through the date of termination.  Such determination to pay the Severance Payment in lieu of Colliers Salary shall be made in the reasonable judgment of the Board of Directors.  If
Rubicon elects to make a payment to Collier of the Severance Payment, the parties hereto agree that such payment and the payment provided bySection 6.6shall be Colliers complete and exclusive remedy for such a termination for Cause.  For purposes of this Agreement, Cause shall mean: (i) any act of dishonesty or fraud with respect to Rubicon; (ii) the commission by Collier of a felony, a crime involving moral turpitude or other act causing material harm to Rubicons standing and reputation; (iii) Colliers continued material failure to perform Colliers duties to Rubicon after ten (10) days written notice thereof to Collier; or (iv) gross negligence or willful misconduct by Collier with respect to Rubicon. Rubicon shall provide Collier, within ten (10) days of becoming aware of a For Cause breach, written notice, which shall include written
documentation, if any, of the For Cause breach, as defined above. Upon receipt of the written notice, Collier shall have ten (10) days to respond to Rubicons notice and attempt to cure or resolve the For Cause breach.




6.5
        WITHOUT CAUSE.If, during the Term of this Agreement, Rubicon terminates Colliers employment without Cause, Collier shall be entitled to receive, for a two-month period, Colliers Base Salary, payable in periodic installments on Rubicons regular paydays, at the rate then in effect.




7.
        Trade Secrets and Confidentiality:




7.1
        Nondisclosure. Without the prior written consent of Rubicon, Collier shall not, at any time, either during or after the term of this Agreement, directly or indirectly, divulge or disclose to any person, firm, association, or




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corporation, or use for Colliers own benefit, gain, or otherwise, any customer lists, plans, products, data, results of tests and data, or any other trade secrets or confidential materials or like information (collectively referred to as the Confidential Information) of Rubicon and/or its Affiliates, as hereinafter defined, it being the intent of Rubicon, with which intent Collier hereby agrees, to restrict Collier from disseminating or using any like information that is unpublished or not readily available to the general public.



7.1.1
        Definition of Affiliate. For purposes of this Agreement, the term Affiliate shall mean any entity, individual, firm, or corporation, directly or indirectly, through one or more intermediaries, controlling, controlled by, or under common control with Rubicon.




7.2
        Return of Property. Upon the termination of this Agreement, Collier shall deliver to Rubicon all lists, books, records, data, and other information (including all copies thereof in whatever form or media) of every kind relating to or connected with Rubicon or its Affiliates and their activities, business and customers.




7.3
        Notice of Compelled Disclosure. If, at any time, Collier becomes legally compelled (by deposition, interrogatory, request for documents, subpoena, civil investigative demand, or similar process or otherwise) to disclose any of the Confidential Information, Collier shall provide Rubicon with prompt, prior written notice of such requirement so that Rubicon may seek a protective order or other appropriate remedy and/or waive compliance with the terms of this Agreement. In the event that such protective order or other remedy is not obtained, that Rubicon waives compliance with the provisions hereof, Collier agrees to furnish only that portion of the Confidential Information which Collier is advised by written opinion of counsel is legally required and exercise Colliers best efforts to obtain assurance that confidential treatment
will be accorded such Confidential Information. In any event, Collier shall not oppose action by Rubicon to obtain an appropriate protective order or other reliable assurance that confidential treatment will be accorded the Confidential Information.




7.4
        Assurance of Compliance. Collier agrees to represent to Rubicon, in writing, at any time that Rubicon so request, that Collier has complied with the provisions of this section, or any other section of this Agreement.




8.
        RETURN OF RUBICON PROPERTY:Collier agrees that upon any termination of his employment, Collier shall return to Rubicon within a reasonable time not to exceed two (2) weeks, any of Rubicons property in his possession or under his control, including but not limited to, computer/office automation equipment, records and names, addresses, and other information with regard to customers or




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potential customers of Rubicon with whom Collier has had contact or done business.



9.
        RELATIONSHIP OF PARTIES:The parties intend that this Agreement create an Employee-Employer relationship between the parties.




10.
        NOTICES:All notices, required and demands and other communications hereunder must be in writing and shall be deemed to have been duly given when personally delivered or when placed in the United States Mail and forwarded by Registered or Certified Mail, Return Receipt Requested, postage prepaid, or when forwarded via reputable overnight carrier, addressed to the party to whom such notices is being given at the following address:




As to Rubicon:
        Rubicon Financial Incorporated


19200 Von Karman, Suite 350

Irvine, CA  92612

Attn: President



As to Collier:
        Tom Collier


1813 Termino, Apartment 8102


Long Beach, CA  90815




Address Change: Any party may change the address(es) at which notices to it or him, as the case may be, are to be sent by giving the notice of such change to the other parties in accordance with thisSection 10.



11.
        MISCELLANEOUS:




11.1
        Entire Agreement.This Agreement and the Addendums hereto contain the entire agreement of the parties.  This Agreement may not be altered, amended or modified except in writing duly executed by the parties.




11.2
        Assignment.Neither party, without the written consent of the other party, can assign this Agreement.




11.3
        Binding.This Agreement shall be binding upon and inure to the benefit of the parties, their personal representative, successors and assigns.




11.4
        No Waiver.The waiver of the breach of any covenant or condition herein shall in no way operate as a continuing or permanent waiver of the same or similar covenant or condition.




11.5
        Severability.If any provision of this Agreement is held to be invalid or unenforceable for any reason, the remaining provisions will continue in full force without being impaired or invalidated in any way.  The parties




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hereto agree to replace any invalid provision with at valid provision which most closely approximates the intent of the invalid provision.



11.6
        Interpretation.This Agreement shall not be construed more strongly against any party hereto regardless of which party may have been more responsible for the preparation of Agreement.




11.7
        Governing Law.This Agreement shall be governed by and construed under the laws of the State of California, without reference to the choice of law principles thereof.




11.8
        Arbitration.




11.8.1
        Any controversy, dispute or claim of whatever nature in any way arising out of or relating to Colliers employment with Rubicon, including, without limitation (except as expressly excluded below inSection 11.8.2) any claims or disputes by Collier against Rubicon, or by Rubicon against Collier, concerning, arising out of or relating to the separation of that employment; any other adverse personnel action by Rubicon; any federal, state or local law, statute or regulation prohibiting employment discrimination or harassment; any public policy; any Rubicon disciplinary action; any Rubicon decision regarding a Rubicon policy or practice, including but not limited to Colliers compensation or other benefits; and any other claim for personal, emotional, physical or economic injury (individually or collectively,
Covered Claims) shall be resolved, at the request of any party to this Agreement, by final and binding arbitration in Orange County, California before Judicial Arbitration Mediation Services (JAMS) in accordance with JAMS then-current policies and procedures for arbitration of employment disputes.




11.8.2
        The only claims or disputes excluded from binding arbitration under this Agreement are the following: any claim by Collier for workers compensation benefits or for benefits under a Rubicon plan that provides its own arbitration procedure; and any claim by either party for equitable relief, including but not limited to, a temporary restraining order, preliminary injunction or permanent injunction against the other party.




11.8.3
        This agreement to submit all Covered Claims to binding arbitration in no way alters the exclusivity of Colliers remedy underSection 6.5in the event of any termination without Cause or the exclusivity of Colliers remedy underSection 6.4in the event of any termination with Cause, and does not require Rubicon to provide Collier with any type of progressive discipline.




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11.9
        Titles.Titles to the sections of this Agreement are solely for the convenience of the parties and shall not be used to explain, modify, simplify, or aid in the interpretation of the provisions of this Agreement.




11.10
        Counterparts.This Agreement may be executed in counterparts, each of which shall be deemed an original, but together which shall constitute one and the same instrument.






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IN WITNESS WHEREOF, the parties have executed this Agreement as of the day and year first written above.





Rubicon:
        Rubicon Financial Incorporated,


a Delaware corporation



By:/s/ Terence Davis


Terence Davis, President






Collier:



/s/ Tom Collier


Tom Collier





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