Exhibit 10.55

RESTATED EMPLOYMENT AGREEMENT*  (as amended through March 9, 2005)

THIS AGREEMENT, dated as of May 7, 2001, is by and between SPHERION CORPORATION, a Delaware corporation (hereinafter referred to as the
"Company"), and ROY G. KRAUSE (hereinafter the "Executive").

RECITALS

A.(Amended October 6, 2004)The Executive currently serves as the Company's Chief Executive Officer and
President, and his services and knowledge are valuable to the Company in connection with the management of its business.

B.    The
Company and the Executive are parties to that certain Employment Agreement dated November 18, 1998 (the "Prior Employment
Agreement").

C.    The
Company and the Executive desire to terminate the Prior Employment Agreement (and any predecessor employment agreements) and to enter into this Agreement upon the
terms and subject to the conditions hereinafter set forth.

D.    The
Company desires to continue to employ the Executive and to enter into a new agreement embodying the terms of such employment.

E.    The
Executive desires to continue the Executive's employment and to enter into a new agreement embodying the terms of such employment.

AGREEMENTS

NOW, THEREFORE, to induce the Executive to remain in the employ of the Company and its subsidiaries, and for other good and valuable consideration, the receipt
and sufficiency of which are hereby acknowledged, the Company and the Executive agree as follows:

1.Employment.(Amended October 6, 2004)

During
the Term of Employment (as defined in Section 2 hereof), the Executive shall serve as Chief Executive Officer and President. The Executive shall perform and assume all
duties and responsibilities customary to such position and shall devote all of his business time and energies thereto. In carrying out such duties and responsibilities, the Executive shall report to,
and be subject to the direction of the Board of Directors of the Company (the "Board").

1.A.Board Service.(added October 6, 2004)

It
is the intention of the parties that the Executive be elected by the stockholders of the Company to serve as a member of the Board during the Term of Employment (as defined in
Section 2 hereof). The Company shall recommend to the Nominating Committee of the Board that the Executive be nominated as a director of the Company during the Term of Employment, consistent
with the Company's By-Laws, and the Company shall use its best efforts to have the Executive so elected. In addition, the Company shall recommend to the Board that the Executive be
designated as a member of the Executive Committee of the Board, consistent with the Company's By-Laws.

2.Term.

The
Term of Employment under this Agreement shall commence as of the date of this Agreement and shall continue at the will of the Company and the Executive (the
"Term of Employment"). Either party may terminate the Executive's employment at any time and for any reason.

3.Base Salary.

The
Company shall pay the Executive, in accordance with the Company's regular payroll practices applicable to salaried employees, an annualized base salary at the rate in effect on the
date of this

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Agreement,
as the same may from time to time be increased or decreased at the sole discretion of the Compensation Committee of the Board (the "Compensation
Committee").

4.Incentive Awards.



5.Benefits, Fringes and Perquisites.

The
Executive shall be entitled to participate in all employee pension and welfare benefit, fringe benefit and perquisite plans and programs made available to the Company's senior-level
executives as in effect from time to time.

6.Vacation.

The
Executive shall be entitled to vacation in accordance with the Company's vacation policy applicable to its senior-level executives. Vacations shall be arranged in order that they not
materially interfere with the normal functioning of the Company's business activities or the performance of the Executive's duties hereunder.

7.Business Expenses.

The
Company shall reimburse the Executive for any ordinary, necessary and reasonable business expenses that the Executive incurs in connection with the performance of his duties under
this Agreement, in accordance with the Company's policy regarding the reimbursement of business expenses.

8.Termination of Employment.



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For
purposes of this Agreement, "Disability" shall mean the Executive's inability, by reason of illness or other physical or mental
disability, to perform the principal duties required by the position held by the Executive at the inception of such illness or disability, for any consecutive 180-day period. A
determination of Disability shall be subject to the certification of a qualified medical doctor agreed to by the Company and the Executive or, in the Executive's incapacity to designate a doctor, the
Executive's legal representative. If the Company and the Executive cannot agree on the designation of a doctor, then each party shall nominate a qualified medical doctor and the two doctors shall
select a third doctor, and the third doctor shall make the determination as to Disability.



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9.Company Policies.

The
Executive shall strictly follow and adhere to all written policies of the Company which are not inconsistent with this Agreement or applicable law including, without limitation,
securities laws compliance (including, without limitation, use or disclosure of material nonpublic information, restrictions on sales of Company stock, and reporting requirements), conflicts of
interest (including, without limitation, doing business with the Company or its affiliates without the prior approval of the Board), and employee harassment.

10.Confidentiality.

The
Executive will not at any time (whether during or after Executive's employment with the Company) disclose or use for Executive's own benefit or purposes, or for the benefit or
purpose of any other person, firm, partnership, joint venture, association, corporation or other business organization, entity or enterprise, any trade secrets, information, data, or other
confidential information relating to customers, employees, job applicants, services, development programs, prices, costs, marketing, trading,

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investment,
sales activities, promotion, processes, systems, credit and financial data, financing methods, plans, proprietary computer software, request for proposal documents, or the business and
affairs of the Company generally, or of any affiliate of the Company; provided, however, that the foregoing shall not apply to information which is generally known to the industry or the public other
than as a result of the Executive's breach of this covenant. The Executive agrees that upon termination of his employment with the Company for any reason, he will return to the Company immediately all
memoranda, books, papers, plans, information, letters and other data, and all copies thereof or therefrom (whether in written, printed or electronic form), in any way relating to the business of the
Company and its affiliates.

The
Executive acknowledges and agrees that the Company's remedies at law for a breach or threatened breach of any of the provisions of this Section would be inadequate and, in
recognition of this fact, the Executive agrees that, in the event of such a breach or threatened breach, in addition to any remedies at law, the Company, without posting any bond, shall be entitled to
obtain equitable relief in the form of specific performance, a temporary restraining order, a temporary or permanent injunction or any other equitable remedy which may then be available.

11.Covenant Not to Compete.



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12.Company Policies, Plans and Programs.

Whenever
any rights under this Agreement depend on the terms of a policy, plan or program established or maintained by the Company, any determination of these rights shall be made on the
basis of the policy, plan or program in effect at the time as of which the determination is made. No reference in this Agreement to any policy, plan or program established or maintained by the Company
shall preclude the Company from prospectively or retroactively changing or amending or terminating that policy, plan or program or adopting a new policy, plan or program in lieu of the
then-existing policy, plan or program.

13.Binding Agreement; Successors.



14.Change In Control Agreements.

Simultaneously
with the execution and delivery of this Agreement, the Company and the Executive have executed and delivered a Change In Control Agreement ("C-I-C Agreement"), which applies under the circumstances and
during the period described therein. If circumstances arise which
cause both the C-I-C Agreement and this Agreement to apply to the Company and the Executive, then, to the extent of any inconsistency between the provisions of this Agreement
and the C-I-C Agreement, the terms of the C-I-C Agreement alone shall apply. However, if the C-I-C Agreement does not apply (as,
for example, if there is no Change
in Control as described therein, or the C-I-C Agreement has expired, or the C-I-C Agreement simply does not apply), then the provisions of this
Agreement shall control and be unaffected by the C-I-C Agreement.

15.Notices.    (Amended March 9, 2005)

For
the purposes of this Agreement, notices and all other communications provided for herein shall be in writing and shall be deemed to have been duly given (i) on the date of
delivery if delivered by hand, (ii) on the date of transmission, if delivered by confirmed facsimile, (iii) on the first business day following the date of deposit if delivered by
guaranteed overnight delivery service, or (iv) on the third business day following the date delivered or mailed by United States registered or certified mail, return receipt requested, postage
prepaid, addressed as follows:

If
to the Executive:



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If
to the Company:



Attention:
General Counsel

or
to such other address as either party may have furnished to the other in writing in accordance herewith, except that notices of change of address shall be effective only upon receipt.

16.Governing Law.

The
validity, interpretation, construction and performance of this Agreement shall be governed by the laws of the State of Florida, without regard to principles of conflicts of laws.

17.Entire Agreement; Amendment.

This
Agreement and the C-I-C Agreement contain the entire agreement between the parties concerning the subject matter hereof and supersede all prior agreements,
understandings, discussions, negotiations and undertakings, whether written or oral, between the parties with respect to the subject matter hereof. No provisions of this Agreement may be amended,
modified, waived or discharged unless such amendment, waiver, modification or discharge is agreed to in writing signed by the Executive and the Company. No agreements or representations, oral or
otherwise, express or implied, with respect to the subject matter hereof have been made by either party which are not set forth expressly in this Agreement.

18.Counterparts.

This
Agreement may be executed in one or more counterparts, each of which shall be deemed to be an original but all of which will constitute one and the same instrument.

19.Non-Assignability.

This
Agreement is personal in nature and neither of the parties hereto shall, without the consent of the other, assign, or transfer this Agreement or any rights or obligations hereunder,
except as provided in Section 13. Without limiting the foregoing, the Executive's right to receive payments hereunder shall not be assignable or transferable, whether by pledge, creation of a
security interest or otherwise, other than a transfer by his will or trust or by the laws of descent or distribution, and in the event of any attempted assignment or transfer contrary to this
paragraph the Company shall have no liability to pay any amount so attempted to be assigned or transferred.

20.Resolution of Disputes.



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21.No Setoff.

The
Company shall have no right of setoff or counterclaim in respect of any claim, debt or obligation against any payment provided for in this Agreement.

22.Non-Exclusivity of Rights.

Nothing
in this Agreement shall prevent or limit the Executive's continuing or future participation in any benefit, bonus, incentive or other plan or program provided by the Company or
any of its subsidiaries or successors and for which the Executive may qualify, nor shall anything herein limit or reduce such rights as the Executive may have under any other agreements with the
Company or any of its subsidiaries or successors. Amounts which are vested benefits or which the Executive is otherwise entitled to receive under any plan or program of the Company or any of its
subsidiaries shall be payable in accordance with such plan or program, except as explicitly modified by this Agreement.

23.Withholding.

The
Company may withhold from any amounts payable under this Agreement such federal, state and local taxes as are required to be withheld (with respect to amounts payable hereunder or
under any benefit plan or arrangement maintained by the Company) pursuant to any applicable law or regulation.

24.Invalidity of Provisions.

In
the event that any provision of this Agreement is adjudicated to be invalid or unenforceable under applicable law in any jurisdiction, the validity or enforceability of the remaining
provisions thereof shall be unaffected as to such jurisdiction and such adjudication shall not affect the validity or enforceability of such provision in any other jurisdiction. To the extent that any
provision of this Agreement is adjudicated to be invalid or unenforceable because it is overbroad, that provision shall not be void but
rather shall be limited to the extent required by applicable law and enforced as so limited. The parties expressly acknowledge and agree that Sections 11 and 24 are reasonable in view of the parties'
respective interests.

25.Non-Waiver of Rights.

The
failure by the Company or the Executive to enforce at any time any of the provisions of this Agreement or to require at any time performance by the other party of any of the
provisions hereof shall in no way be construed to be a waiver of such provisions or to affect either the validity of this Agreement, or any part hereof, or the right of the Company or the Executive
thereafter to enforce each and every provision in accordance with the terms of this Agreement.

PLEASE NOTE: BY SIGNING THIS AGREEMENT, THE EXECUTIVE IS HEREBY CERTIFYING THAT THE EXECUTIVE (A) HAS RECEIVED A COPY OF THIS
AGREEMENT FOR REVIEW AND STUDY BEFORE EXECUTING IT; (B) HAS READ THIS AGREEMENT CAREFULLY BEFORE SIGNING IT; (C) HAS HAD SUFFICIENT OPPORTUNITY BEFORE SIGNING THE AGREEMENT TO ASK ANY
QUESTIONS THE EXECUTIVE HAS ABOUT THE AGREEMENT AND HAS RECEIVED SATISFACTORY ANSWERS TO ALL SUCH QUESTIONS; AND (D) UNDERSTANDS THE EXECUTIVE'S RIGHTS AND OBLIGATIONS UNDER THE
AGREEMENT.

THIS AGREEMENT IN SECTION 20 CONTAINS A BINDING ARBITRATION PROVISION WHICH MAY BE ENFORCED BY THE PARTIES.

[signatures
appear on the following page]

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IN
WITNESS WHEREOF, the parties have caused this Agreement to be executed and delivered as of the day and year first above set forth.

| |  | SPHERION CORPORATION
| |  | --------------------
| |  | By:                 
| |  | Name:               
| |  | Title:              
| |  | EXECUTIVE           
| |  | By:                 
| |  | Name:               

*
This document is a compilation of Mr. Krause's original employment agreement as well as several amendments thereto. It is being presented in this format in order to assist the
reader.

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