Exhibit 10.5


 





	January
11, 2017 

                                                                                                                

        John
Stupak

        101
87th Avenue North

        ndialantic,
FL 32903
	 	


  


Dear John:


 


As
part of the Agreement and Plan of Merger on the date hereof, by and among Global Partner Acquisition Corp. (“Parent”),
Global Partner Sponsor I LLC, Sequel Acquisition, LLC (“Sub”), Sequel Youth and Family Services, LLC (the “Company”),
the Key Equityholders (as defined therein), and John F. Ripley, as the representative of the Company’s equityholders, pursuant
to which Sub merged with and into the Company, with the Company as the surviving company (the “Transaction”),
we are pleased to confirm the terms of your continued employment with the Company. We
are excited about the key role you will play in the Company’s future. As such, this letter will summarize and confirm the
details of your continued employment with the Company after the Transaction closes. If the Transaction does not close on or prior
to June 15, 2017, this letter will be void and of no effect.


 


Position
and Duties: You will serve as Vice Chairman and CEO. You agree to devote your full business
time, attention, and best efforts to the performance of your duties and to the furtherance of the Company's interests. You agree
not to engage, directly or indirectly, in any other business, employment or activity that (a) interferes with the performance of
your duties to the Company, (b) harms the Company’s relationships or reputation, (c) is otherwise contrary to the interests
of the Company or its affiliates, or (d) requires any portion of the your business time; provided, however, that you may engage
in volunteer activities for charitable organizations, to the extent that such activities do not impair your ability to perform
your duties to the Company.


 


CNPR Agreement:
Your continued employment by the Company and the issuance of the equity award discussed below is contingent on your execution of
the attached Confidentiality, Non-Solicitation and Proprietary Rights Agreement (the “CNPR Agreement”).


 


At-Will Employment
and Notice of Termination: Your employment with the Company will continue to be “at-will,” meaning that you or
the Company may terminate the employment relationship at any time, with or without cause, subject to the notice requirements contained
in the CNPR Agreement.


 


Base
Salary: You will be paid a base salary of $500,000
per year payable in accordance with the standard payroll practices of the Company and subject to all withholdings and deductions,
as required by law. Your salary will be reviewed on an annual basis, in line with the Company’s compensation policies.


 


Annual
Bonus: You will continue to be eligible to receive an annual cash bonus, as determined by the Board of Managers of the
Company (the “Board”), or its delegate, in its sole discretion. To the extent determined by the Board or its
delegate, your annual bonus may be subject to criteria and/or to the terms of a written plan document adopted by the Company. Any
such bonus earned by you will be paid when annual bonuses are paid to other executives, generally, and will be further conditioned
on your employment through the applicable payment date.


 






     

     


    

 


Equity
Award: Upon closing of the Transaction, and subject to your continued employment through the date of that closing and subject
to shareholder approval of the Sequel Youth and Family Services Corp. Stock Incentive Plan, the Compensation Committee of the Board
of Directors will meet to consider the issuance of equity to you pursuant to the terms of the Stock Incentive Plan.


 


This offer letter, together with the
CNPR, comprise the complete and exclusive terms of your employment with the Company after the Transaction closes. These documents
supersede any other agreements or promises made to you by anyone, whether oral or written, regarding your employment with the Company
following the Transaction.


 


To confirm your acceptance of this offer
of continued employment, please sign and date this letter and the attached CNPR Agreement and submit both to John Stupak. Please
maintain copies for your records.


 


If you have any questions, please feel
free to contact Jay Ripley.


 


	 	Sincerely,
	 	 
	 	/s/ Jay Ripley
	 	Jay Ripley
	 	Chairman


 


Accepted and agreed by /s/ John Stupak CEO


on this 11th day of January 2017.


 


	 	 	 
	Print Name:	John Stupak	 


 




 


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