Exhibit 10.35

AMENDMENT TO EMPLOYMENT AGREEMENT

This
Amendment to Employment Agreement (this "Amendment") is made and entered into this 28th day of March, 2005, but
effective January 1, 2005, by and betweenThomas Group, Inc. ("TGI"), a Delaware corporation, andJimmy C.
Houlditch ("Employee"),an individual residing in Texas.

Recitals

TGI and Employee have previously entered into an Employment Agreement dated as of August 12, 1996 and executed by TGI on June 5,1996
and by Employee on June 10, 1996 (the"Employment Agreement"), pursuant to which Employee
was employed by TGI, which employment continues to this date.

TGI
and Employee wish to amend certain terms and provisions of the Employment Agreement as hereinafter provided.

NOW,
THEREFORE, for and in consideration of premises and other mutual covenants set forth herein, further good and valuable consideration, the receipt and sufficiency hereby
acknowledged, TGI and Employee do hereby agree as follows:

1.     Effective
as of January 1, 2005, Paragraph 1 "Employment" of the Employment Agreement is hereby amended to
read as follows:

1.Employment. TGI hereby employs Employee as President, North America, with the duties set forth in paragraph 3
hereof.

2.     Effective
January 1, 2005, Paragraph 2 "Term" of the Employment Agreement is hereby amended to read as follows:

2.Term: Termination.

2.1Term. The term of this Agreement shall be one year commencing January 1, 2005, and ending December 31,
2005, unless earlier terminated as provided below.

2.2Termination on Death or Disability. This Agreement shall be automatically terminated on the death of Employee or on the
disability of Employee if he is no longer able, with reasonable accommodation, to perform the essential functions of his position with TGI. In the event of Employee's disability, this Agreement shall
not terminate unless and until Employee has been unable to perform the essential functions of his position hereunder for a period of three (3) consecutive months as a result of Employee's
disability.

2.3Termination With Cause. TGI may terminate this Agreement for "Cause."
"Cause" means the termination by the Company of Employee's employment based upon a good faith determination by the Board of Directors of TGI that
Employee has committed an illegal act or an act of gross negligence or willful misconduct that has or is reasonably expected to have a material adverse effect on the business or affairs of TGI.

2.4Termination for Good Reason. Employee may terminate his employment under this Agreement for Good Reason (as defined
below). For purposes of this Agreement, "Good Reason" means, without the Employee's prior written consent the occurrence of any one or more of the
following:



1

---





For
purposes of this Agreement, a "Change in Control" means and shall be deemed to have occurred if: (1) any person, entity or "group", within
the meaning of Sections 13(d)(3) and 14(d)(2) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"),other than(A) TGI, its
subsidiaries or any employee benefit plan established and maintained by TGL or its subsidiaries, (B) the Employee or any of the Employee's affiliates, becomes the "beneficial owner" (within the
meaning of Rule 13d-3 promulgated under the Exchange Act), or (C) General John T. Chain, Jr. and Edward P. Evans, either individually or together, acquires directly or
indirectly, securities of TGI representing forty percent (40%) or more of the combined voting power of TGI's then outstanding securities entitled to vote generally in the election of directors; or
(2) the shareholders of TGI approve (X) a reorganization, merger or consolidation with respect to which persons who were the shareholders of TGI immediately prior to such reorganization,
merger or consolidation do not, immediately thereafter, own more than fifty percent (50%) of the combined voting power entitled to vote generally in the election of directors of the reorganized,
merged or consolidated company's then outstanding voting securities, or (Y) the sale of all or substantially all of the assets of TGI, unless the approved reorganization, merger, consolidation,
liquidation, dissolution or sale is subsequently abandoned."

3.     Effective
January 1, 2005, Paragraph 3 "Duties" of the Employment Agreement is hereby amended to read as
follows:

3.Duties. During the calendar year 2005, Employee will serve as a fill-time employee of TGI, with
responsibilities for development of Government, Military and Aerospace Contracts, reporting to the President/CEO of TGI.."

4.     Effective
January 1, 2005, paragraph 4 "Compensation" of the Employment Agreement is hereby amended to read
as follows:

4.Compensation.

4.1Base Salary. During calendar year 2005, Employee shall be paid a salary at the annual rate of $425,000 payable in equal
monthly installments at the end of each month

4.2Commissions. During 2005, Employee shall be entitled to receive commissions on sales to federal government agencies of
five percent for existing programs and three percent for new programs or business.

5.     Effective
January 1, 2003, Paragraph 5 "Participation in TGI's Incentive Compensation Plan" is hereby
amended to read as follows: "Participation in TGI's Incentive Compensation Plan.Employee acknowledges that during the term of this Agreement, he is not
entitled to participate in TGI's incentive compensation plan."

6.     Except
as amended hereby, the Employment Agreement remains in full force and effect

7.     This
Amendment shall be effective as of January 1, 2005.

8.     This
Amendment may be executed in multiple counterparts, each of which shall be deemed an original, and all of which taken together shall constitute one and the same
instrument.

2

---



9.     This
Amendment and the rights and obligations of the parties hereunder shall be governed by, and construed in accordance with, the laws of the State of Texas, and each
party hereto submits to the non-exclusive jurisdiction of the state and federal courts within the State of Texas.

| |  | Thomas Group, Inc.
| |  | ------------------
| |  | By:               
| |  |                   
| |  | Name:             
| |  |                   
| |  | Title:            
| |  |                   
| |  | Jimmy C. Houlditch

3

---



QuickLinks