Exhibit 10.16


 


	5 Penn Plaza, 14th
Floor, New York, NY 10001, USA

Tel (646) 731 1000 Fax (646) 674 1390 www.majescomastek.com	[LOGO]



 




June 29, 2011


 


Lori Stanley


525 East Washington
Avenue,


Woodbridge, New Jersey,
07095


 


Dear Lori,


 


We are pleased to
offer you the position of General Counsel, North America, Grade 14 for MAJESCOMASTEK. You would report to Andrew McCauley, Vice
President, Finance. Your start date will be July 1, 2011.


 


Compensation and
Benefits


 


Your base salary will
be $14,583.33 per month, payable to you on a monthly basis.


 


You are also eligible
to earn an on target bonus of approximately 15% of your base salary based on achievement of your planned annual performance targets.
This bonus will be earned against your achievement of targets for the new financial year FY12 which would commence July 1, 2011.


 


In addition to the
compensation described above, you will be entitled to the following benefits offered by MAJESCOMASTEK per the rules of the company
and consistent with the package offered to other MAJESCOMASTEK staff:


 


		·	Medical,
                                         Dental and Vision Health Insurance.



		·	Life,
                                         Accidental death and dismemberment, short-term and long-term disability insurance.



		·	Twelve
                                         days earned paid vacation per year plus holidays.



 


The position is currently
based in Edison, NJ with frequent trips to NYC, NY; however, you may be required to relocate to any other place subsequently.
If you should terminate your employment with MAJESCOMASTEK for any reason whatsoever before the expiration of six months after
relocation, you will refund to MAJESCOMASTEK the gross amount of moving and relocation reimbursements, i.e., actual payments received
by you and any payments to third parties on your behalf, plus all taxes deducted that relate to those payments.


 


The position may also
require frequent travel and irregular working hours. This may include travel to India and other countries outside the United States
of America.


 




    	 



    	 



    

  


Ability to work
in US/ Confidentiality Agreement


 


This offer is subject
to satisfactory proof of your legal right to work in the United States. You will also be required to sign and return a copy of
MAJESCOMASTEK’s confidentiality agreement.


 


Employment at Will


 


Please be advised
that you may terminate your employment with MAJESCOMASTEK at any time and for any reason simply by notifying MAJESCOMASTEK. We
request that you give us at minimum two weeks written notice. Likewise, MAJESCOMASTEK may terminate your employment at any time
and for any reason whatsoever, with or without cause or advance notice. This at-will employment relationship cannot be changed
except in a written format signed by the CEO of the company.


 


The employment terms
in this letter supersede any other agreements or promises made to you by anyone, whether oral or written. As required by law,
this offer is subject to satisfactory proof of your right to work in the United States.


 


Please return a signed
acceptance of this letter within 5 business days as indication that you find the offer acceptable. We trust you find this offer
acceptable and look forward to your joining the MAJESCOMASTEK team. This offer is also based on a satisfactory background investigation
and reference check. Please sign below so we may begin the process of indoctrinating you to MAJESCOMASTEK.


 


Sincerely,
 



 


	/s/ Mrinal Sattawalla	 

                                                                                Accepted  
	/s/ Lori Stanley	 
	 	 	(Lori Stanley)	 
	Mrinal Sattawalla	 	 	 
	Group
    President	Date	   6/30/11