Exhibit 10.11

EMPLOYMENT AGREEMENT  OF  PETER SANTORI

In consideration of the mutual covenants set forth herein and other good and valuable consideration, the receipt and sufficiency of
which the parties acknowledge,INVESTOOLS INC., a corporation having an address of 13947 S. Minuteman Drive, Draper, UT, 84020, (the "Company") and PETER SANTORI("Executive") intending to be legally bound, hereby agree as follows:

1.     EMPLOYMENT.The Company agrees to employ Executive and Executive hereby accepts such employment on an
at-will basis pursuant to the terms and conditions of this Agreement until terminated in accordance with Section 5 of this Agreement. Executive represents that he shall not disclose
to the Company any confidential information obtained from a third party or otherwise violate any confidentiality obligations Executive may have incurred with a third party.

2.     SERVICES.During the term of this Agreement, Executive shall be employed as "Senior Vice President and
General Counsel/Chief Legal Officer" for Thinkorswim Group, Inc. with job responsibilities related thereto. Executive shall report to the Chief Executive Officer and shall devote his full time
efforts to the faithful performance of his duties on behalf of the Company. Executive shall also perform such other duties, and may have job responsibilities modified from time to time as may be
requested by the Chief Executive Officer, provided such duties are generally consistent with the level of responsibility currently held by Executive. Executive's principal place of performance of his
duties during the term of this Agreement shall be the corporate offices located at 600 W. Chicago Avenue, Chicago, IL. Executive shall not engage in additional gainful employment of any kind or
undertake any role or position which would affect his ability to perform his responsibilities, whether or not for compensation, with any person or entity during the term of this Agreement without
advance written approval of the Chief Executive Officer.

3.     ADHERENCE TO COMPANY RULES.Executive, at all times during the term of this Agreement, shall strictly adhere
to and obey all of the Company's written rules, regulations and policies, including without limitation the Investools Code of Business Ethics (attached hereto as Exhibit A), which will be
provided to Executive and are now in effect, or as subsequently adopted or modified by the Company and provided to Executive which govern the operation of the Company's business and the conduct of
employees of the Company.

4.     COMPENSATION.



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5.     TERMINATION.The Company or Executive may terminate this Agreement and Executive's employment as provided
below:



If
the Company terminates Executive's employment for any of the reasons set forth above, the Company shall have no further obligations to Executive hereunder from and after the effective
date of termination and shall have all other rights and remedies available under this or any other agreement and at law or in equity and Executive receives nothing else.



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6.     CHANGE OF CONTROL.



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7.     NONDISCLOSURE.During the term of this Agreement, the Company agrees and promises to provide, and Executive
will acquire, knowledge with respect to the Company's business operations, including, by way of illustration, the Company's Work Product (as defined below), trade secrets, processes, methodologies and
methods for analyzing and investing in the stock market, software, databases, and other technical information, business information, customer lists and information, customer preferences, promotional
and marketing materials, marketing plans and strategies, business planning, financial, and costing information related thereto, regardless of the form or media containing such information, and
confidential information relating to the Company's policies and Executives (all of such information herein referred to as the "Confidential Information"). The protection of the Confidential
Information against unauthorized disclosure or use is of critical importance to the Company. Executive agrees that Executive will not, during his employment, divulge to any person, directly or
indirectly, except to the Company or its officers and agents (including Company attorneys or accountants) or as reasonably required in connection with Executive's duties on behalf of the Company, or
use, except on behalf of the Company, any Confidential Information acquired by Executive during his employment. Executive agrees that his confidentiality obligation applies to all Confidential
Information he has received, learned or accessed, no matter when he accessed, learned or received such information. Executive further agrees that Executive will not, at any time after his employment

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has
ended (for whatever reason), use or divulge to any person directly or indirectly any Confidential Information, or use any Confidential Information in any subsequent employment or business of any
nature; provided however that Executive shall not be liable for disclosure or use of any Confidential Information:



If
Executive is subpoenaed, or is otherwise required by law to testify concerning Confidential Information, Executive agrees to immediately notify Company upon receipt of a subpoena, or
upon belief that such testimony shall be required. Executive shall not copy or remove from the Company's places of business any of the of the Company's documents, materials or items containing
Confidential Information except with the express written permission of the Company or in the normal course of employment.

8.     NON-INTERFERENCE OR SOLICITATION.Executive agrees that during the term of this Agreement, and
for a period of twelve (12) months following the termination of his employment (for whatever reason), that Executive shall not knowingly, directly or indirectly, induce, solicit, or attempt to
persuade, directly or indirectly, (1) any former, current or future Executive, agent, contractor, manager, consultant, director or other participant in the Company, or (2) any person who
has purchased a program or product of the Company during the term of this Agreement, or (3) any person or entity who has collaborated or was affiliated with the Company during the term of this
Agreement, (all the foregoing three groups being collectively referred to herein as "Participant") to enter into any business relationship with Executive, except for the benefit of the Company, or any
business organization in which Executive is involved or which is in competition with the Restricted Business. In addition, during the term of this Agreement and for a period of twelve
(12) months following the termination of his employment (for whatever reason), Executive shall not (1) directly or indirectly contact any person or entity having a Relationship (as
defined below) with the Company or disclosed by the Company to Executive for the purpose of taking advantage of a business opportunity to the detriment of the Company, (2) otherwise circumvent
a Relationship with the Company or, to the detriment of the Company, establish a Relationship with a party with whom the Company has a Relationship, or (3) seek to establish any rights,
including but not limited to intellectual property rights, anywhere in the world in conflict with any intellectual property rights related to Work Product.

For
purposes of this Agreement, the term "Restricted Business" shall mean the area of business dealing with providing telemarketing, and seminar products, workshops, and
self-study programs, all relating to stocks and stock market investing information and analysis, as well as any other area of business in which the Company is engaged; however, the term
shall not mean the practice of securities law at a law firm, government agency, regulatory body, self-regulatory organization, registered investment advisor, registered investment company
or private investment fund. For purposes of this Agreement, "directly or indirectly" means as a paid or unpaid director, officer, agent, representative, manager, employee of, or consultant to any
enterprise, or acting as a proprietor of an enterprise, or holding any direct or indirect participating role in any enterprise as an owner, partner, limited partner, member, manager, joint venturer,
shareholder or creditor. For purposes of this Agreement, the term "Relationship" shall mean a business arrangement, transaction, contract, understanding or other business relationship. The foregoing
prohibition against soliciting Participants shall include Executive agreeing to enter into any such prohibited relationship, even if Participant made the initial contact regarding such relationship.

9.     NON-COMPETITION.In consideration of the numerous mutual promises and agreements contained in
this Agreement between the Company and Executive, including, without limitation, those involving, employment, compensation, and Confidential Information, and in order to protect the

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Company's
Confidential Information and other legitimate business interests and to reduce the likelihood of irreparable damage which would occur in the event such information is provided to or used by
a competitor of the Company, Executive agrees that during his employment and for an additional period of twelve (12) months immediately following the termination of his employment (for whatever
reason) (the "Noncompetition Term"), he shall not directly or indirectly enter into or attempt to enter into the Restricted Business in the United States or Canada.

Executive
hereby acknowledges that the geographic boundaries, scope of prohibited activities and the time duration of the provisions of this Section 9 are reasonable and are no
broader than are necessary to protect the legitimate business interests of the Company. This noncompetition provision shall survive the termination of Executive's employment (for any reason) and can
only be revoked or modified by a writing signed by the parties which specifically states an intent to revoke or modify this provision. Executive acknowledges that the Company would not employ him or
provide him with access to its Confidential Information but for his covenants or promises contained in this Section.

The
Company and Executive agree and stipulate that the agreements and covenants not to compete contained in this Section 9 hereof are fair and reasonable in light of all of the
facts and circumstances of the relationship between Executive and the Company; however, Executive and the Company are aware that in certain circumstances courts have refused to enforce certain terms
of agreements not to compete. Therefore, in furtherance of, and not in derogation of the provisions of this Section 9, the Company and Executive agree that in the event a court should decline
to enforce any terms of any of the provisions of this Section 9, that Section 9 shall be deemed to be modified or reformed to restrict Executive's competition with the Company to the
maximum extent, as to time, geography and business scope, which the court shall find enforceable; provided, however, in no event shall the provisions of this Section 9 be deemed to be more
restrictive to Executive than those contained herein.

10.   WORK PRODUCT.    For purposes of this Section 10, "Work Product" shall mean all intellectual property
rights, including all trade secrets, U.S. and international copyrights, trademarks, trade names, patentable inventions, discoveries and other intellectual property rights in any programming, design,
documentation, technology, or other work product that is created in connection with Executive's work. In addition, all rights in any preexisting programming, design, documentation, technology, or
other Work Product provided to the Company during Executive's employment shall automatically become part of the Work Product hereunder, whether or not it arises specifically out of Executive's "Work."
For purposes of this Agreement, "Work" shall mean (1) any direct assignments and required performance by or for the Company, and (2) any other productive output that relates to the
business of the Company and is produced during the course of Executive's employment or engagement by the Company. For this purpose, Work may be considered present even after normal working hours, away
from the Company's premises, on an unsupervised basis, alone or with others. Unless otherwise approved in writing by the Chief Executive Officer of the Company, this Agreement shall apply to all Work
Product created in connection with all Work conducted before or after the date of this Agreement.

The
Company shall own all rights in the Work Product. To this end, all Work Product shall be considered work made for hire for the Company. If any of the Work Product may not, by
operation of law or agreement, be considered Work made by Executive for hire for the Company (or if ownership of all rights therein do not otherwise vest exclusively in the Company immediately),
Executive agrees to assign, and upon creation thereof does hereby automatically assign, without further consideration, the ownership thereof to the Company. Executive hereby irrevocably relinquishes
for the benefit of the Company and its assigns any moral rights in the Work Product recognized by applicable law. The Company shall have the right to obtain and hold, in whatever name or capacity it
selects, copyrights, registrations, and any other protection available in the Work Product.

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Executive
agrees to perform upon the request of the Company, during or after Executive's Work or employment, such further acts as may be necessary or desirable to transfer, perfect, and
defend the Company's ownership of the Work Product, including by (1) executing, acknowledging, and delivering any requested affidavits and documents of assignment and conveyance,
(2) obtaining and/or aiding in the enforcement of copyrights, trade secrets, and (if applicable) patents with respect to the Work Product in any countries, and (3) providing testimony in
connection with any proceeding affecting the rights of the Company in any Work Product.

Executive
also agrees to develop all Work Product in a manner that avoids even the appearance of infringement of any third party's intellectual property rights.

11.   NO EXCLUSIONS.Executive hereby represents that Executive has not heretofore created any Work Product or
prepared any work, which is the subject of any Work Product, that Executive wishes to exclude from the provisions of Section 10 above.

12.   RETURN OF DOCUMENTS.Executive agrees that if Executive's relationship with the Company is terminated (for
whatever reason), Executive shall not take with Executive, but will leave with the Company, all Work Product, Confidential Information, records, files, memoranda, reports, price lists, customer lists,
supplier lists, financial information, documents and other information, in whatever form (including on computer disk), and any copies thereof, or if such items are not on the premises of the Company,
Executive agrees to return such items immediately upon Executive's termination. Executive acknowledges that all such items are and remain the property of the Company.

13.   INJUNCTIVE RELIEF.Executive acknowledges that breach of any of the agreements contained herein, including,
without limitation, the confidentiality, nonsolicitation and noncompetition covenants specified in Sections 7, 8 and 9, will give rise to irreparable injury to the Company, inadequately
compensable in damages. Accordingly, Executive agrees that the Company shall be entitled to injunctive relief to prevent or cure breaches or threatened breaches of the provisions of this Agreement and
to enforce specific performance of the terms and provisions hereof in any court of competent jurisdiction, in addition to any other legal or equitable remedies which may be available. Executive
further acknowledges and agrees that the enforcement of a remedy hereunder by way of injunction shall not prevent Executive from earning a reasonable livelihood. Executive further acknowledges and
agrees that the covenants contained herein are necessary for the protection of the Company's legitimate business interests and Confidential Information and are reasonable in scope and content.

14.   SEVERABILITY AND REFORMATION.If any provision of this Agreement is held to be illegal, invalid or
unenforceable under any present or future law, and if the rights or obligations of Executive or the Company under this Agreement would not be materially and adversely affected thereby, such provision
shall be fully severable, and this Agreement shall be construed and enforced as if such illegal, invalid or unenforceable provision had never comprised a part thereof, the remaining provisions of this
Agreement shall remain in full force and effect and shall not be affected by the illegal, invalid or unenforceable provision or by its severance herefrom, and in lieu of such illegal, invalid or
unenforceable provision, there shall be added automatically as a part of this Agreement a legal, valid and enforceable provision as similar in terms to such illegal, invalid or unenforceable provision
as may be possible, and the Company and Executive hereby request the court to whom disputes relating to this Agreement are submitted to reform the otherwise unenforceable covenant in accordance with
this Section 14.

15.   HEADINGS, GENDER, ETC.The headings used in this Agreement have been inserted for convenience and do not
constitute matter to be construed or interpreted in connection with this Agreement. Unless the context of this Agreement otherwise requires, (i) words of any gender shall be deemed to include
each other gender; (ii) words using the singular or plural number shall also include

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the
plural or singular number, respectively; and (iii) the terms "hereof," "herein," "hereby," "hereto," and derivative or similar words shall refer to this entire Agreement.

16.   GOVERNING LAW.THIS AGREEMENT WILL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF
NEW YORK WITHOUT GIVING EFFECT TO ANY PRINCIPLE OF CONFLICT OF LAWS THAT WOULD REQUIRE THE APPLICATION OF THE LAW OF ANY OTHER JURISDICTION.

17.   VENUE.The venue for any dispute arising out of this Agreement or Executive's employment with the Company
shall be any state or federal court of competent jurisdiction in the State of New York.

18.   SURVIVAL.Executive's termination from employment and/or the termination of this Agreement, for whatever
reason, shall not reduce or terminate Executive's covenants and agreements set forth herein and all such covenants, including those contained in Sections 7, 8, 9, 10, & 12 shall survive
the termination of this Agreement.

19.   NOTICES.Any notice necessary under this Agreement shall be in writing and shall be considered delivered
three days after mailing if sent certified mail, return receipt requested, or when received, if sent by telecopy, prepaid courier, express mail or personal delivery to the following addresses:

If to the Company:    Investools Inc.If to Executive:


20.   ENTIRE AGREEMENT.This Agreement contains the entire understanding and agreement between the parties, and
supersedes any other agreement between Executive and the Company, whether oral or in writing, with respect to the subject matter hereof. This Agreement may only be modified pursuant to
Section 24.

21.   NO WAIVER.The forebearance or failure of one of the parties hereto to insist upon strict compliance by the
other with any provisions of this Agreement, whether continuing or not, shall not be construed as a waiver of any rights or privileges hereunder. No waiver of any right or privilege of a party arising
from any default or failure hereunder of performance by the other shall affect such party's rights or privileges in the event of a further default or failure of performance.

22.   ASSIGNMENT.This Agreement is personal to Executive and may not be assigned in any way by Executive without
the prior written consent of the Company. This Agreement shall be assignable or delegable by the Company. The rights and obligations under this Agreement shall inure to the benefit of and shall be
binding upon the heirs, legatees, administrators and personal representatives of Executive and upon the successors, representatives and assigns of the Company.

23.   BINDING EFFECT.This Agreement shall be binding on and inure to the benefit of the parties and their
respective permitted successors and assigns.

24.   MODIFICATION.This Agreement may be modified only by a written agreement signed by both parties. Any such
written modification may only be signed by the President or Chief Executive Officer of the Company.

25.   COUNTERPARTS.This Agreement may be executed in any number of counterparts, each of which shall be deemed to
be an original instrument, and all of which together shall constitute one and the same Agreement.

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26.   EXECUTIVE ACKNOWLEDGEMENT.    Executive acknowledges that he has had the opportunity to consult legal counsel
in regard to this Agreement, that he has read and understands this Agreement, that he is fully aware of its legal effect, and that he has entered into it freely and voluntarily and based on his own
judgment and not on any representations or promises other than those contained in this Agreement.

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

|                                |  |                             |  |  |  | 
|------------------------------- |  | --------------------------- |  |  |  | 
|/s/ PETER SANTORI PETER SANTORI |  |                            
|                                |  |                             |  |  |  | 
|Date:                           |  | 5/19/2008                   |  |  |  | 
|                                |  |                             |  |  |  | 
|INVESTOOLS INC.                 |  |                            
|                                |  |                             |  |  |  | 
|By                              |  | /s/ LEE BARBA LEE BARBA
CEO |  | 
|                                |  |                             |  |  |  | 
|Date:                           |  | 5/19/2008                   |  |  |  | 

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