Document:

Exhibit 10.22

                              EMPLOYMENT AGREEMENT
                              --------------------

         This Employment Agreement (hereinafter sometimes the "Agreement") is
made this 13th day of June, 2007 by and between CARROLLTON BANK, Employer,
(hereinafter sometimes the "Bank"), a body corporate of the State of Maryland,
and GARY M. JEWELL of Baltimore County, State of Maryland (hereinafter sometimes
the "Employee").

                             INTRODUCTORY STATEMENT
                             ----------------------

         The Bank is engaged in the business of accepting deposits of money,
paying and cashing checks, making loans, etc., all as more fully described in
West's Maryland Law Encyclopedia, Volume 4, Section Banks and Trust Companies,
and in and by the Regulations of the Commissioner of Financial Regulation and
the Federal Deposit Insurance Corporation. The Employee has extensive experience
in the field of Electronic Banking and particularly in the field of Point of
Sale transactions. The Board of Directors (hereinafter sometimes the "Board") of
the Bank is fully familiar with Employee's knowledge of the business, ability to
lead or assist in leading the development and growth of that segment of the
Bank's operations and therefore has determined that it is in the best interest
of the Bank and its stockholders to reinforce and encourage the continued
attention and dedication of the Employee to the Bank by providing for the
continued employment of the Employee with the Bank.

         The Employee is willing to commit himself to serve the Bank on the
terms and conditions herein provided.

         In order to effect the foregoing, the Bank and the Employee wish to
enter into an employment agreement on the terms and conditions set forth herein
below.

         NOW, THEREFORE, in consideration of Ten Dollars ($10.00) paid each to
the other, receipt of which is hereby acknowledged and in consideration of the
respective covenants and agreements of the parties herein contained, and
intending to be legally bound hereby, the parties hereto agree as follows:

         1. Employment. The Bank hereby employs the Employee as Senior Vice
President, Electronic Banking Department, and the Employee hereby accepts such
employment in accordance with the terms and conditions of this Agreement.

             1.1. Assignability. This Agreement is purely personal to the
parties hereto, and neither party shall have the right to assign, transfer,
pledge, or otherwise affect any interest hereunder nor any of the monies called
for herein.

         2. Duties of Employee. Employee has, for several years past, been
engaged by Bank in the identical position herein described. It is contemplated
by this Agreement that Employee's duties shall be comparable to those presently
undertaken by Employee, i.e. managing the ATM network, debit card services, the
internet and on-line banking services, and Point of Sale transactions, but with
particular emphasis on the development and expansion of the Bank's operation in
the field of processing Point of Sale transactions. The duties of employment
shall include such additional executive duties on behalf of the Bank and its

<PAGE>

operations of a character in keeping with the Employee's position as may, from
time to time, be assigned to the Employee by Bank Management or by the Board of
Directors.

             2.1. Best Efforts of Employee. Employee agrees that he will, at all
times, faithfully, industriously, and to the best of his ability, experience,
and talents perform all of the duties that may be required of and from him
pursuant to the express and implicit terms of this Agreement to the reasonable
satisfaction of Bank.

         3. Term. The Effective Date of this Agreement shall be June 8, 2007.
The term of employment shall begin on the Effective Date and continue for a
period of three years, unless this Agreement is terminated by either party as
herein provided.

         4. Compensation.

             4.1. Salary. During the period of the Employee's employment
hereunder, the Bank shall pay to the Employee an annual base salary at a rate of
One Hundred Two Thousand Eight Hundred Thirty-One Dollars ($102,831.00) or such
rate as may, from time to time, be determined by the Board, such salary to be
paid in substantially even installments, subject to customary payroll
deductions, in accordance with the normal payroll practices of the Bank. The
Employee's salary will be reviewed by the Bank's Compensation Committee at least
annually.

             4.2. Bonus. So long as Employee is employed under the provisions of
this Agreement by Bank, at the end of each calendar year, Employee shall receive
a bonus of Twenty-Five percent (25%) of his base salary provided the annual
Point of Sale revenue received by the Bank during the subject calendar year
exceeds One Million Dollars ($1,000,000.00).

             4.3. Other Benefits. The Employee shall be entitled to participate
in all of the fringe benefit plans and arrangements in effect on the date hereof
in which employees and Officers of the Bank participate, including group life
insurance and accident plan, medical and dental insurance plans, disability
plan, and 401K Plan; provided, however, that changes in such plans or
arrangements may be made, including termination of such plans or arrangements,
if such changes occur pursuant to a program applicable to all employees and
Officers of the Bank and do not result in a proportionately greater reduction in
the rights of or benefits to the Employee as compared with any other employee of
the Bank. The Employee agrees to cooperate in obtaining such benefits, including
submitting to physical examination and drug testing, if required to do so by
insurance carriers.

             4.4. Expenses. During the term of the Employee's employment
hereunder, the Employee shall be entitled to receive prompt reimbursement for
all reasonable and customary expenses incurred by the Employee in performing
services hereunder, upon presentment of receipts for such expenses.

             4.5 Vacations. Employee shall be entitled to an annual vacation
time, with full pay, in keeping with Bank policy as same shall from time to time
be amended. Vacation time must be taken during the calendar year in which it is
accrued and cannot be accumulated and carried over into succeeding calendar

                                       2
<PAGE>

years except as provided in the Employee Manual. The Employee shall take his
vacation at reasonable time or times taking into consideration the needs of the
Bank.

             4.6. Sick Leave. Employee shall be entitled to sick leave in
keeping with Bank policy as same shall from time to time be amended. Days
awarded under said sick leave policy are not cumulative and may not be carried
over into succeeding calendars years.

             4.7. Automobile and Costs Associated Therewith. Commencing with the
effective date of this Agreement, Employee shall receive the use of a Bank-owned
car. During the life of this Agreement, subject to Employee being employed by
Bank, on the third anniversary of the effective date hereof, Employee shall
receive the use of a new Bank-owned car. The make and model of the Bank-owned
car shall be as determined by the then Bank President. In addition thereto,
Employee shall receive a Bank-owned credit card for use in paying for fuel and
oil for the operation of the vehicle and necessary repairs to the vehicle. While
it is understood that Employee may use the subject vehicle for his personal
purposes, it is expected that Employee will reimburse Bank for the cost of fuel
consumed for personal use when such use exceeds his normal and usual personal
usage. Bank shall, at Bank's expense, obtain and maintain insurance covering the
use of the vehicle. Should Employee determine that, in his opinion, the amount
and type of insurance obtained by the Bank is inadequate, it shall be Employee's
responsibility to obtain, at his expense, any additional types or amounts of
insurance.

         It shall be the responsibility of Employee to maintain all records
appropriate to Internal Revenue rules and regulations pertaining to the use of
employer-owned vehicles and, should the use of the employer-owned vehicle result
in additional tax consequences to Employee, the tax shall be the responsibility
of Employee to pay.

             4.8. Stock Options. During the term of this Agreement and subject
to the availability of stock for option usage, and provided that the Electronic
Banking Department has achieved or exceeded the goals and objectives established
for that department for the subject year by the Bank's Compensation Committee,
Employee may receive stock option grants in amounts as determined by the
aforesaid Committee. Should stock option grants be made, they shall take into
account the affect on the Bank of accounting charges.

         At the determination of the aforesaid Compensation Committee and in
keeping with the provisions of the next hereinabove paragraph, the Compensation
Committee may, in lieu of, or in addition to, stock options determine to grant
stock appreciation rights, phantom stock, restricted stock, or similar grants.

         5. Termination. The Employee's employment hereunder may be terminated
without any breach of this Agreement under the following circumstances:

             5.1. Death. The Employee's employment hereunder shall terminate
upon his death.

             5.2. Disability. If, as a result of the Employee's incapacity due
to physical or mental illness, the Employee shall have been absent from his
duties hereunder on a full-time basis for the entire period of six (6) months

                                       3
<PAGE>

and within thirty (30) days after written Notice of Termination is given (which
notice may be given before or after the end of the six month period) shall not
have returned to the performance of his duties hereunder on a full time basis,
the Bank may terminate the Employee's employment hereunder.

             5.3. Voluntary Termination by the Employee. The Employee may
voluntarily resign or terminate his employment hereunder by transmitting a
written Notice of Termination to the Bank at least thirty (30) days prior to the
effective date of such resignation/termination. All compensation and benefits,
to or for Employee, shall cease and terminate on the effective date of
resignation/termination.

             5.4. Termination for Cause. The Bank may terminate Employee's
employment with the Bank without triggering the provisions of Section 6, upon
discovery of Employee's dishonesty, incompetence, willful misconduct, breach of
fiduciary duty involving personal profit, intentional failure to perform stated
duties as herein set out or as determined by the Board, willful violation of any
law, rule, or regulation (other than traffic violations or similar offences) or
any final cease-and-desist order.

             5.5. Any termination of the Employee's employment (other than
termination pursuant to Section 5.1. hereof) shall be communicated by written
Notice of Termination to the other party as provided in Section 8 hereof.

             5.6. Bank's Right to Terminate. Nothing in this Section 5 or
elsewhere in this Agreement shall be interpreted to limit the Bank's authority
to discharge Employee at any time with or without cause.

         6. Compensation Upon Termination.

             6.1. Termination Without Cause. Should Bank terminate Employee's
employment for any reason, other than the provisions of Section 5.4 hereof,
Employee shall continue, for the next succeeding twenty-four (24) calendar
months, to receive his then current monthly salary and, at the expiration of
said twenty-four (24) months, Employee shall receive for the next six (6)
consecutive months, sixty-five percent of the monthly salary being received at
the time of his termination. Normal deductions for withholding taxes, insurance,
etc. shall continue to be withheld by Bank for Employee's benefit.

         In addition, Employee shall continue to participate in all plans in
which he participated at the time of termination on the same terms, basis, and
conditions set forth in Section 4.3 hereof.

         6.2. Termination for Cause. Should Employee's employment terminate
pursuant to the provisions of Section 5.1, 5.2, 5.3, or 5.4 of this Agreement,
Employee shall not be entitled to any further compensation or benefits
(including, but not limited to insurance, annual bonus, or stock option grant)
beyond the "date of termination." For purposes of this section, "date of
termination" shall be the date specified in the Notice of Termination or, if no
date is specified, the date on which the Notice of Termination is given.

                                       4
<PAGE>

             6.3. Termination by a Succeeding Organization. During the term of
this Agreement, should Employee's employment be terminated without cause by a
succeeding organization, Employee shall receive a severance package consisting
of: (a) three years of his current base salary; and (b) continuation of all
medical and long-term disability insurance in amounts and subject to the
provisions in effect as of the date of sale. At the expiration of said three (3)
year term, Employee shall, for the next succeeding three (3) year period,
receive (a) sixty-five percent (65%) of the base salary received at the time of
sale; and (b) medical and long-term disability insurance in amounts and subject
to the provisions in effect as of the date of sale.

         Should the successor Bank maintain a 401K Plan, Employee shall be
eligible to participate therein, subject to the terms of Successor's plan, for
the entire six (6) year period contemplated by this section.

         Should the sale of Bank be the result of Regulatory action, state
and/or Federal, the provisions of this section shall be subject to modification
by said Regulator.

         7. Compensation During Disability. During any period that the Employee
fails to perform his duties hereunder as a result of incapacity due to physical
or mental illness, the Employee shall continue to receive or receive the
benefits of (as the case may be), all items described in Section 4 hereof at the
rate then in effect for such period until his employment is terminated pursuant
to Section 5.2 hereof, provided that payments so made to the Employee shall be
reduced by the sum of the amounts, if any, payable to the Employee under the
Bank's disability insurance, under worker's compensation insurance or under any
other insurance.

         8. Notice. Whenever notice is required to be given under the provisions
of this Agreement, it shall be given in writing by hand-delivery or United
States registered or certified mail, return receipt requested, and shall be
deemed to have been transmitted on the date such notice is so delivered,
transmitted, or mailed, if addressed as follows:

             If to the Bank:

             Carrollton Bank
             P.O. Box 24129
             Baltimore, MD  21227
             Attention:  Robert A. Altieri, President

             If to the Employee:

             Gary M. Jewell
             2425 Autumn View Way
             Baltimore, MD  21234

or to such other address as either of the parties hereto, by written notice to
the other, may, from time to time, designate.

         9. Confidential Information. Employee agrees that any information
received by the Employee during his employment with Bank which concerns the
personal, financial, or other affairs of the Bank or any of its customers,
employees or stockholders will be treated by the Employee in full confidence and
will not be revealed to any other persons, firms, or organizations nor will

                                       5
<PAGE>

Employee make personal use of any confidential information concerning the Bank's
business or about its customers, employees, or stockholders.

    10. Other Employment. Employee, during the term of this Agreement, is
prohibited from accepting or undertaking any work or employment, with or without
compensation, from another employer without Bank's written consent. It is Bank's
intention that Employee devote all of Employee's work efforts toward the
development and improvement of the Bank's business.

    11. Other Regulatory Provisions.

             11.1. Suspension. If Employee is suspended and/or temporarily
prohibited from participating in the conduct of the Bank's affairs by a notice
served under the provisions of the Federal Deposit Insurance Act, the Bank's
obligations under this Agreement shall be suspended, as of the date of service,
unless stayed by appropriate proceedings.

             11.2. Removal. If Employee is removed and/or permanently prohibited
from participating in the conduct of Bank's affairs by an order issued under the
provisions of the Federal Deposit Insurance Act, all obligations of the Bank
under this Agreement shall terminate as of the effective date of the order, but
vested rights of the parties hereto shall not be affected.

             11.3. Bank's Default. If the Bank is in default (as defined under
the provisions of the Federal Deposit Insurance Act), all obligations under this
Agreement may be modified as of the date of default, but this Paragraph 11.3
shall not affect any vested rights of the parties hereto.

             11.4. Contractual Obligations. All obligations under this Agreement
may be modified, except to the extent determined that continuation of the
Agreement is necessary for the continued operation of the Bank:

                             (i) by the Federal Deposit Insurance Corporation or
the Resolution Trust Corporation or its designee at the time it enters into an
agreement to provide assistance to or on behalf of the Bank under the authority
contained in the Federal Deposit Insurance Act; or

                            (ii) by the Board of Directors of the Federal
Deposit Insurance Corporation or the Resolution Trust or its designee at the
time that it approves a supervisory merger to resolve problems related to the
operation of the Bank or when the Bank is determined to be in an unsafe or
unsound condition.

                            Any rights of the parties hereto that have already
vested, however, shall not be affected by such action.

    12. Non-Compete. The parties hereto agree that the servicing of Point of
Sale transactions is not, in any way restricted to a given location, and that
Employee has received the benefits of this Agreement due to his ability to
solicit and service Point of Sale transactions; therefore, Employee agrees that,
for a period of one year, following the termination of his employment with Bank,
he will neither solicit the Point of Sale transactions nor service or assist in
servicing the Point of Sale transactions originated by any company whose Point
of Sale transactions were being handled by Bank at the time Employee's
employment terminated. However, the terms of this paragraph shall not apply if
Employee's employment is terminated pursuant to the provisions of paragraph 5.2.

                                       6
<PAGE>

    13. Training of Others. Because of the possibility of Employee's death or
disability during the term of this Agreement, Employee agrees to fully train
those persons designated by Bank in the "art" of soliciting and servicing Point
of Sale transactions and to fully train those persons designated by Bank in all
aspects of Electronic Banking.

    14. Miscellaneous.

             a) No provisions of this Agreement may be modified, waived, or
discharged, unless such waiver, modification, or discharge is agreed to in
writing signed by the Employee and such officer of the Bank as may be
specifically designated by the Board.

             b) No waiver by either party hereto at any time of any breach by
the other party hereto of or compliance with any condition or provision of this
Agreement to be performed by such other party shall be deemed a waiver of
similar or dissimilar provisions or conditions as the same or at any prior or
subsequent time.

             c) The validity, interpretation, construction, and performance of
this Agreement shall be governed by the laws of the State of Maryland without
regard to its conflicts of law provisions.

             d) The invalidity or unenforceability of any provision or
provisions of this Agreement shall not affect the validity or enforceability of
any other provision of this Agreement which shall remain in full force and
effect.

             e) This Agreement sets forth the entire agreement of the parties
hereto in respect of the subject matter contained herein and supersedes all
prior agreements, promises, covenants, arrangements, communications,
representations or warranties, whether oral or written, by any officer, employee
or representative of any party hereto; and any prior agreement of the parties
hereto in respect of the subject matter contained herein is hereby terminated
and canceled.

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

                                             CARROLLTON BANK

/S/Allyson Cwiek                                  /S/Robert A. Altieri
------------------                               ---------------------
Witness/Attest                               By: ROBERT A. ALTIERI,
                                                 President

                                       7
<PAGE>

/S/Mary L. Jewell                                    /S/Gary M.Jewell
------------------                                   ----------------
Witness                                              GARY M. JEWELL

STATE OF MARYLAND,                                        , TO WIT:

         I HEREBY CERTIFY that, on this 14th day of June, 2007, the subscriber,
a Notary Public of the State of Maryland aforesaid, personally appeared ROBERT
A. ALTIERI, who acknowledged himself to be the President of CARROLLTON BANK, a
corporation, and that he, as such President, being authorized so to do, executed
the aforegoing instrument for the purposes therein contained, by signing, in my
presence, the name of the corporation by himself as such President.

         IN WITNESS WHEREOF, I hereunto set my hand and Notarial Seal.

                                                     /S/Allyson Cwiek
                                                     ----------------
                                                     Notary Public

My commission expires: August 17, 2010

STATE OF MARYLAND,                                        TO WIT:

         I HEREBY CERTIFY that, on this 14th day of June, 2007, before me, the
subscriber, a Notary Public of the State aforesaid, personally appeared GARY M.
JEWELL, known to me (or satisfactorily proven) to be the person whose name is
subscribed to the within instrument, and he acknowledged that he executed the
same for the purposes therein contained, and, in my presence, signed and sealed
the same.

         IN WITNESS, I hereunto set my Hand and Notarial Seal.

                                                     /S/Allyson Cwiek
                                                     ----------------
                                                     Notary Public

 My commission expires: August 17, 2010

                                       8Exhibit 10.1

                         EXECUTIVE EMPLOYMENT AGREEMENT

                  This Executive Employment Agreement (this "Agreement") is
dated as of May 11, 2007 between Aerospace Products International, Inc., a
Delaware corporation, 3778 Distriplex Drive North, Memphis, TN 38118 (the
"Company"), and Ahmed Metwalli, an individual, U.S. citizen, residing at 10071
NW 7th Street, Plantation, FL 33324 (the "Executive").

                                   WITNESSETH:

                  WHEREAS, the Company believes that the Executive will be a
valued employee of the Company and wishes to secure his employment with the
Company and document the terms of the Executive's employment by the Company, and
the Executive wishes to become employed by the Company;

                  NOW, THEREFORE, taking into account the foregoing and in
consideration of the mutual promises and conditions contained herein, the
parties hereto agree as follows:

                                       I
                                   EMPLOYMENT
                                   ----------

                   1 Employment. The Company employs the Executive and the
Executive hereby accepts employment as the President and Chief Operating Officer
of API (or such other senior executive position(s) as the Company may
determine), upon the terms and conditions hereinafter set forth hereinafter.

                   2 Term. The employment of the Executive by the Company under
the terms and conditions of this Agreement will commence on June 14, 2007 and
continue, subject to Article IV hereof, for a period of three years, through
June 14, 2010 ("Employment Term").

                   3 Executive Duties. As the President and Chief Operating
Officer of the Company, the Executive shall perform such duties as are requested
by and shall report directly to the Chief Executive Officer of Aerospace
Products International (the "CEO"). The Executive agrees to devote his full
business time (with allowances for vacations and sick leave) and attention and
best efforts to the affairs of the Company and its parent, subsidiaries and
affiliates during the Employment Term.

                                  Page 1 of 14
<PAGE>

                                       II
                            COMPENSATION AND BENEFITS
                            -------------------------

                   1 Base Salary. During the Employment Term, the Company shall
pay to the Executive a base salary at the rate of Two Hundred Twenty Five
Thousand Dollars ($225,000) per year, payable in substantially equal biweekly
installments through the date of expiration or termination of this Agreement
(the "Base Salary"). The Company will review annually and may, but is not
required to, in the sole discretion of the CEO of the Company and the Board of
Directors of First Aviation Services ("FAVS"), increase such Base Salary in
light of the Executive's performance, inflation in cost of living, or other
factors.

                   2
                           (a) Subject to the discretion of the CEO and the
         Board of Directors of FAVS, during the Employment Term: (i) the
         Executive shall be eligible (but not guaranteed) to receive a
         performance bonus determined upon the financial performance of the
         Company, the Executive's personal performance, or such other factors as
         may be determined by the CEO and the Board of Directors of FAVS
         (attached as Schedule 1 for illustrative purposes only is a sample of
         the type of metrics which may be used to evaluate Company FY2008
         performance as a factor in considering a bonus for Executive); (ii) the
         Executive shall be permitted to participate in and be covered under any
         and all such medical, dental, disability, life, and other insurance
         plans, as are generally available to and under the same terms as other
         senior executives of the Company, as the Board of Directors of FAVS
         shall determine, subject to meeting applicable eligibility requirements
         (collectively referred to herein as the "Company Benefit Plans"); and
         (iii) coverage under such Directors and Officers insurance and
         commercial general liability insurance and indemnity as is provided by
         the Company or the Company's parent to other senior executives of the
         Company.

                           (b) The Company shall recommend that Executive be
         granted an award of stock of FAVS and an award of an option to purchase
         shares of stock of FAVS in the amount set forth on Schedule 2 and
         Schedule 3 respectively, in each case subject to the approval of, and
         such terms and conditions established by, the Compensation Committee of
         the Board of Directors of FAVS. In connection with such grants, if and
         when made, Executive shall receive a Stock Grant Agreement and an
         Incentive Stock Option Award Agreement between the Executive and FAVS
         which would incorporate the respective terms and conditions of the
         stock awards and option award so established and approved. These
         grants, if and when made, would be made as soon as practicable
         following the approval of FAVS' stock incentive plan, which is expected
         to be proposed for stockholder approval at FAVS' annual meeting of
         stockholders in June 2007.

                   3 Reimbursement of Expenses. The Executive shall be entitled
to receive prompt reimbursement of all reasonable expenses incurred by the
Executive in performing services hereunder, including all reasonable expenses of
travel, entertainment and living expenses in Memphis and while away from home on
business at the request of, or in the service of, the Company, provided that
such expenses are incurred and accounted for and reimbursed in accordance with
the policies and procedures established by the Company. Domestic air travel will
be at coach class fares, and international travel will be at the most economical
business class fare.

                                  Page 2 of 14
<PAGE>

                   4 Relocation Expenses. Executive shall also be entitled to
reimbursement of his relocation expenses and temporary living expenses for
relocating to the Memphis area, as set forth in the Relocation Expenses
Agreement between the Company and the Executive entered into contemporaneously
herewith.

                   5 Vacation and Holidays. The Executive shall be entitled to
an annual vacation leave of fifteen (15) business days at full Base Salary pay
rate. Vacation days shall be earned and accrued on a monthly basis (no partial
month accruals) on the last day of each calendar month during which the
Executive has been continuously on active service (which means not absent for
more than ten working days during that month due to sickness or leave of
absence). Up to a maximum of one week of vacation time may be accumulated and
carried over from one year to the next. Executive shall be entitled to such
holidays as are established by the Company for all employees.

                                      III
                       CONFIDENTIALITY AND NON-COMPETITION
                       -----------------------------------

                   1 Confidentiality. Executive shall not, during Executive's
employment by the Company or for a period of seven (7) years thereafter, at any
time disclose, directly or indirectly, to any person or entity or use for
Executive's or any other person's or entity's benefit any trade secrets or
confidential information relating to the Company's, its subsidiaries' or
affiliates' businesses, operations, marketing data, business plans, strategies,
employees, products, prices, negotiations and contracts with other companies, or
any other subject matter pertaining to the business of the Company or its
subsidiaries or affiliates or any of their respective clients, customers,
suppliers, consultants, or licensees, known, learned, or acquired by Executive
during the period of Executive's employment by the Company (collectively
"Confidential Information"), except as may be necessary in the ordinary course
of performing Executive's particular duties as an employee of the Company.

                   2 Return of Confidential and Other Material. Executive shall
promptly deliver to the Company on termination of Executive's employment with
the Company, whether or not for Cause, or at any time the Company may so
request, all memoranda, notes, records, reports, manuals, drawings, blueprints,
rolodexes, equipment, computer files and records, Confidential Information and
any other documents of a confidential or non-confidential nature belonging to
the Company or its subsidiaries or affiliates, including all copies of such
materials which Executive may then possess or have under Executive's control and
any notes of Executive relating thereto whether in print-based or electronic
media. Upon termination of Executive's employment by the Company, Executive
shall not retain any document, data, or other material of any nature containing
or pertaining to the proprietary information of the Company or its subsidiaries
or affiliates.

                   3 Prohibition on Solicitation of Customers. During the
Employment Term, and for a period of 180 days thereafter, Executive shall not,
directly or indirectly, either for Executive or for any other person or entity,
solicit any person or entity to terminate such person's or entity's contractual
and/or business relationship with the Company or its parent, subsidiaries or
affiliates, nor shall Executive interfere with or disrupt or attempt to
interfere with or disrupt any such relationship. In addition, during the
Employment Term and for a period of 180 days thereafter, Executive shall not,
directly or indirectly, be engaged (including as a stockholder, other than a
stockholder, owning less than five (5) percent, of a publicly traded company
proprietor, general partner, limited partner, trustee, consultant, employee,
director, officer, lender investor or otherwise) in any business or activity a
primary purpose of which is to conduct the distribution, warehousing, or
logistics support for aerospace parts for general aviation and regional air
carriers, or other products or services which directly compete with the products
or services being offered by the Company or any of its subsidiaries as of the
date of termination of employment. (However, except as set forth in the
preceding sentence, nothing in this Agreement shall prohibit or restrict
Executive from engaging in any other business or activity at any time after the
Employment Term, including but not limited to any activity in the aerospace
industry.) None of the foregoing shall be deemed a waiver of any or all rights
or remedies the Company may have under applicable statutory or common law. A
breach of this section shall cause immediate termination of Executive's rights
and privileges under this Executive Employment Agreement, and any Incentive
Stock Option Award Agreement, and all Options, whether vested or not vested,
shall be immediately terminated.

                                  Page 3 of 14
<PAGE>

                   4 Prohibition on Solicitation or Hiring of Employees, Agents
or Independent Contractors After Termination. During Executive's employment by
the Company and for a period of six (6) months thereafter, Executive will not
solicit or hire or participate in the hiring of any person who is or who within
180 days before the termination of Executive's employment had been, an employee,
agents or independent contractor of the Company or its subsidiaries or
affiliates to leave the employ of the Company or its subsidiaries or affiliates.
None of the foregoing shall be deemed a waiver of any rights and remedies the
Company may have under applicable law.

                   5 Non-Competition. During the Term of Executive's employment
by the Company, and thereafter until the later of: (i) the date one hundred
eighty (180) days after termination of Executive's employment for any reason, or
(ii) the last date on which Executive is receiving any severance benefits or
other benefits pursuant to this Agreement, he shall not, directly or indirectly,
be engaged (including as a stockholder, proprietor, general partner, limited
partner, trustee, consultant, employee, director, officer, lender, investor or
otherwise) in any business or activity that is competitive with that of the
Company, its parent or any of its subsidiaries, or affiliates, provided however
that Executive may own any securities of any entity which is engaged in such
business and is publicly owned or traded but in an amount not to exceed at any
one time five per cent (5%) outstanding of any class of stock or securities of
such entity.

                   6 Right to Injunctive and Equitable Relief. Executive's
obligations not to disclose or use "Confidential Information" and to refrain
from the solicitations described in this Article III are of a special and unique
character. The Company and its subsidiaries and affiliates cannot be reasonably
or adequately compensated for damages in an action at law in the event Executive
breaches such obligations. Therefore, Executive expressly agrees that the
Company and its subsidiaries and affiliates shall be entitled to injunctive and
other equitable relief without bond or other security in the event of such
breach in addition to any other rights or remedies which the Company or its
subsidiaries or affiliates may possess or be entitled to pursue.

                                  Page 4 of 14
<PAGE>

                  Furthermore, the obligations of Executive and the rights and
remedies of the Company and its subsidiaries and affiliates under this Article
III are cumulative and in addition to, and not in lieu of, any obligations,
rights, or remedies created by applicable law relating to misappropriation or
theft of trade secrets or "Confidential Information". The parties agree that all
of the subsidiaries and affiliates of the Company shall be third party
beneficiaries of this Article III and be entitled to enforce directly against
Executive the provisions of this Article III to the extent that shall be related
to the businesses of such subsidiaries or affiliates.\

                   7 Acknowledgement of Company Policies. Executive agrees to
read, execute and observe the terms of the API Code of Ethics, Confidentiality
and Nondisclosure Agreement, and such other standard Company policy forms as may
be required to be executed from time to time by the other employees of the
Company in similar employment positions.

                   8 Survival of Obligations. Executive agrees that the terms of
this Article III and Article V hereof shall survive the term of this Agreement
and the termination of Executive's employment by the Company.

                                       IV
                                   TERMINATION
                                   -----------

                   1     Definitions.  For purposes of this Article IV, the
following definitions shall be applicable to the terms set forth below:

                         (a) Cause. "Cause" shall mean only the following: (i)
         continued failure by the Executive after receipt of written notice
         thereof to perform his duties hereunder or those duties which may, from
         time to time, be reasonably requested by the CEO (other than such
         failure resulting from the Executive's incapacity due to physical or
         mental illness), as determined by the Company in its reasonable
         discretion; (ii) misconduct by the Executive which is materially
         injurious to the Company; (iii) conviction of or pleading no contest to
         a felony or crime of moral turpitude; (iv) habitual drunkenness or drug
         use by the Executive; (v) a material failure to uphold the policies of
         the Company and/or action by the Executive beyond the scope of his
         employment, as such scope is set by the CEO from time to time; (vi) a
         material breach of this Agreement by the Executive, or any violation of
         any representation or warranty of Executive contained in this
         Agreement; or (vii) violation by Executive of any agreement of
         Executive with Kellstrom Industries or any subsidiary or affiliate
         thereof which in the judgment of the Company may adversely affect the
         business, financial condition, affairs, or reputation of the Company.

                         (b) Disability. "Disability" shall mean a physical or
         mental incapacity as a result of which the Executive becomes unable to
         continue the proper performance of his duties hereunder for greater
         than 90 days (reasonable absences because of sickness for up to three
         (3) consecutive months excepted). 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 event of the Executive's
         incapacity to designate a doctor, the Executive's legal representative.
         In the absence of agreement between the Company and the Executive, each
         party shall nominate a qualified medical doctor and the two doctors so
         nominated shall select a third doctor, who shall make the determination
         as to Disability.

                                  Page 5 of 14
<PAGE>

                   2     Termination by Company.

                         (a) The Executive's employment hereunder may be
     terminated by the Company immediately for Cause.

                         (b) Subject to the provisions contained in Section
     IV(.3)(b) of this Agreement, the Company may, at its sole discretion,
     terminate this Agreement at any time for any reason other than Cause upon
     thirty (30) days' written notice to Executive. The effective date of
     termination ("Effective Date") shall be considered to be thirty (30) days
     subsequent to written notice of termination; however, the Company may elect
     to have Executive leave the Company and its subsidiaries immediately upon
     issuance of the aforementioned written notice.

                         (c) So long as Executive remains a senior executive of
     the Company, a change by Company in the titles or functions of the
     Executive shall not constitute a termination or constructive termination of
     Executive's employment by the Company.

                  3     Severance Benefits Received Upon Termination by Company.

                         (a) If at any time the Executive's employment is
         terminated by the Company for Cause, the Company shall pay the
         Executive his Base Salary prorated through the date of termination plus
         payment for any vacation accrued but not taken, and the Company shall
         thereafter have no further obligations under this Agreement to the
         Executive or his family, beneficiaries or estate; provided, however,
         that the Company will continue to honor any obligations that may have
         been accrued and vested under then existing Company Benefit Plans or
         any other written and duly authorized agreements or arrangements
         applicable to the Executive, including without limitation any stock
         option agreements or stock grants applicable to the Executive..

                         (b) If at any time the Executive's employment is
         terminated by the Company without Cause or as a result of his death or
         Disability, then the Company shall:

                              (1) following the execution of the Company's
                         Separation Agreement, pay to the Executive a total
                         amount equal to six months of Executive's then-current
                         annual Base Salary rate, plus payment for any vacation
                         accrued but not taken through the date of termination
                         of employment. This payment shall be in lieu of any
                         amounts otherwise due Executive under the Company's
                         policy for severance benefits. And in addition, the
                         Company will continue to honor any obligations that may
                         have been accrued and vested under then existing
                         Company Benefit Plans or any other written and duly
                         authorized agreements or arrangements applicable to the
                         Executive. The six-month's Base Salary will be paid
                         co-incident with the regularly scheduled payroll in
                         substantially bi-weekly installments until the end of
                         the six-month period. Accrued and unused vacation will
                         be paid upon termination.

                                  Page 6 of 14
<PAGE>

                              (2) provide Executive with the opportunity to
                         participate at Executive's expense in such insurance
                         coverage as is then required by COBRA or any similar
                         then applicable law.

                   4       Termination by Executive.

                           (a) Executive may for any reason terminate this
         Agreement upon 30 days prior written notice to the Company. Upon
         receipt of such notice from Executive, the Company may at its
         discretion terminate Executive's employment before the expiration of
         such 30 day period. On or before the last date of his employment, the
         Company shall make the payment provided for in Section IV (.3)(a)
         hereof and no further payments shall be required to be made by the
         Company to Executive.

                           (b) The Executive's employment hereunder may be
         terminated by the Executive immediately for Cause. With respect to this
         Section IV.4 only, "Cause" shall mean only the following: a continued
         uncured material breach of this Agreement by the Company after receipt
         of reasonable written notice from the Executive and opportunity to
         cure. In the event of due termination for Cause, as liquidated damages
         which the parties hereby agree is a reasonable advance effort to
         liquidate the damages which would actually be sustained by Executive as
         the result of such a breach and difficult or impossible to accurately
         estimate, the parties have agreed that as a reasonable pre-estimate of
         the probable loss, the Company shall make the payments provided for in
         Sections IV (.3)(a) and IV(.3)(b)(1).

                   5       No Obligation to Mitigate Damages; No Effect on Other
         Contractual Rights.

                         (a) The Executive shall not be required to mitigate
         damages or the amount of any payment provided for under this Agreement
         by seeking other employment or otherwise, nor shall the amount of any
         payment provided for under this Agreement be reduced by any
         compensation earned by the Executive as the result of employment by
         another employer after the date of termination, or otherwise.

                         (b) The provisions of this Agreement, and any payment
         or benefit provided for hereunder, shall not reduce any amounts
         otherwise payable, or in any way diminish the Executive's existing
         rights, or rights which would accrue solely as a result of the passage
         of time, under any Company Benefit Plan or other contract, plan or
         arrangement.

                         (d) Notwithstanding any inference to the contrary, the
         benefits payable to the Executive in accordance with the aforementioned
         portion of this Section IV, shall not include incentive compensation
         awards based upon performance except that which is earned, accrued and
         payable at the close of the prior fiscal year.

                                  Page 7 of 14
<PAGE>

                                       V
                               GENERAL PROVISIONS
                               ------------------

                  .1 Notice. For purposes of this Agreement, notices and all
other communications provided for in the Agreement shall be in writing and shall
be deemed to have been duly given when delivered by Federal Express or other
recognized courier, or United States registered mail, return receipt requested,
postage prepaid, and with copies by fax, as follows:

     If to the Company:                          With copies to:

         Aerospace Products International        Frederick Green, Esq.
         Attention: Chief Executive Officer      Weil Gotshal & Manges
         3778 Distriplex Drive North             767 Fifth Avenue
         Memphis, TN 38118                       New York, NY 10153
         Telephone:  (203) 291-3300              Telephone:  (212) 310-8524
         Fax:  (203) 291-3330                    Fax:  (212) 310-8007

                                                 J. Lawrence Blades
                                                 3 Salmon Kill Road
                                                 Lakeville, CT 06039
                                                 Telephone: (860) 435-6562
                                                 Fax: (860) 435-6563

     If to the Executive:                        With a copy to:

         Ahmed Metwalli                          Mona A. Metwalli
         10071 NW 7th Street                     Metco Resources LLP
         Plantation, FL 33324                    3225 McLeod Drive, Suite 100
                                                 Las Vegas, NV 89121-2257
         Fax:  954-452-3245                      Fax:  954-452-3245

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.

                   2 No Waivers. No provision of this Agreement may be modified,
waived or discharged unless such waiver, modification or discharge is agreed to
in writing signed by the Executive and the Company. No waiver by either party
hereto at any time of any breach by the other party hereto of, or compliance
with, any condition or provision of this Agreement to be performed by such other
party shall be deemed a waiver of similar or dissimilar provisions or conditions
at the same or at any prior or subsequent time.

                   3 Governing Law. This Agreement and all duties and
obligations arising pursuant to this Agreement shall be governed by and
construed in accordance with the laws of the State of Tennessee without regard
to conflicts of law principles, as though this Agreement was made and performed
entirely within that State.

                                  Page 8 of 14
<PAGE>

                   4 Severability or Partial Invalidity. The invalidity or
unenforceability of any provisions of this Agreement shall not affect the
validity or enforceability of any other provision of this Agreement, which shall
remain in full force and effect.

                   5 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
together will constitute one and the same instrument.

                   6 Disputes. Any dispute arising out of or relating to the
making or performance of this Agreement shall be resolved in the State or
Federal courts in the State of Tennessee. Each Party hereby: (a) agrees to
submit to the in personam jurisdiction of such courts in the State of Tennessee;
(b) waives all defenses and motions based upon an inconvenient or improper
forum; (c) consents to service of process upon it by Notice, as set forth in
Section V.1 above; and (d) agrees that a final judgment in any such action or
proceeding shall be conclusive and may be enforced in any jurisdiction(s) where
the Party may be found, by suit on the judgment or in any other manner provided
by law. Should any Party institute or assert any action or proceeding against
another Party relating to the making or performance or enforcement of this
Agreement, whether seeking monetary or other damages and/or a declaration of
rights or other equitable relief, the prevailing Party in any such action or
proceeding shall be entitled to receive from the non-prevailing Party all costs
and expenses, including but not limited to reasonable attorneys fees, and
collection fees and costs, incurred by the prevailing Party in connection with
such action or proceeding. No person or entity is intended to or shall be deemed
a third party beneficiary of this Agreement.

                   7 Representations of Executive. The Executive hereby warrants
and represents that his entry into and performance of this Agreement will not
constitute a breach of, or prevent his performance of any obligations of, any
other agreement or duty which he may have entered into with any third party,
including but not limited to any agreement with or duty to Kellstrom Industries
or any subsidiary or affiliate thereof.

                   8 Assignment. This Agreement and the rights, duties, and
obligations hereunder may not be assigned or delegated by any party without the
prior written consent of the other party. Notwithstanding the foregoing
provisions of this Section V.8, the Company may assign or delegate its rights,
duties, and obligations hereunder to any person or entity which succeeds to all
or substantially all of the business of the Company through merger,
consolidation, reorganization, or other business combination or by acquisition
of all or substantially all of the assets of the Company; provided that such
person assumes the Company's obligations under this Agreement.

                   9 Entire Agreement. This Agreement constitutes the entire
agreement of the parties and supersedes all prior written or oral and all
contemporaneous oral agreements, understandings, representations, and
negotiations between the parties with respect to the subject matter hereof. (The
parties have also contemporaneously entered the following related written
agreements which remain in full force and effect: Stock Grant Agreement;
Incentive Stock Option Award Agreement Pursuant to the 1997 Stock Incentive
Plan; and Relocation Expenses Agreement.) This Agreement is intended by the
parties as the final expression of their agreement with respect to such terms as
are included in this Agreement and may not be contradicted by evidence of any
prior or contemporaneous agreement. The parties further intend that this
Agreement constitutes the complete and exclusive statement of its terms and that
no extrinsic evidence may be introduced in any judicial proceeding involving
this Agreement. Each party represents and agrees that in entering into this
Agreement it/he is not in any way relying upon any representation or warranty
not specifically recited in this Agreement. Any amendments or changes to this
Agreement shall be effective if and only if made in a writing signed by both
Parties hereto.

                                  Page 9 of 14
<PAGE>

                  IN WITNESS WHEREOF, the parties have executed this Agreement
as of the date first above written.

AEROSPACE PRODUCTS INTERNATIONAL INC.
a Delaware corporation

By:   /s/ Aaron Hollander
      -------------------
Title:  President

AHMED METWALLI
an individual

/s/ Ahmed Metwalli
------------------

                                 Page 10 of 14

<PAGE>

                                   SCHEDULE 1
                                   ----------

Possible Metrics to determine Executive's bonus for the 12 months ended
-----------------------------------------------------------------------
January 31, 2008:
----------------

                              Current Budget (1)       Target (4)      Goal (4)

Sales                                 127.0M            127.0M          135M

Net Income (2)(4)                      -1.0M             +1.0M           +5.4M

Net LOC Reduction (5)                  -5.7M             -5.7M           -4.0M

A/R Days                               45                45              45

A/P Days                               35                35              30

Inventory Reduction (3)                 2.6M              2.6M             .5M

(1)  Current plan approved by board. Assumes cash flow from ops neutral, balance
     sheet improvement
(2)  First Aviation net income after all corporate, interest, taxes, etc.
(3)  after all inventory reserves
(4)  after any current year reserves but before any reversal of prior period
     reserves
(5)  from 4/25/07 to 1/31/08

Company's achievement of Target indicates Bonus of 30% of Base Salary,
achievement of Goal indicates 50% of Base Salary.

This Schedule 1 is hypothetical and for illustrative purposes only, relates only
to the Company performance element of a bonus consideration, and not include
other elements such as Executive's personal performance, and does not constitute
a representation, warranty, or projection of Company performance, or an
agreement by the Company to use such metrics or figures for FY 2008 or any other
period.

                                 Page 11 of 14
<PAGE>

                                   SCHEDULE 2
                                   ----------

                    Proposed Terms of Restricted Stock Grant

Number of Grant Shares :                50,0000

Vesting:                                Over three years, with one thirty-sixth
                                        (1/36) of the shares becoming vested,
                                        earned and accrued on the last day of
                                        each calendar month commencing at the
                                        end of the first full calendar month
                                        subsequent to the grant, provided,
                                        however that on each vesting date, the
                                        Executive shall be employed by the
                                        Company.

Voting Agreement:                       As a precondition to any eligibility for
                                        or transfer to Executive of any Grant
                                        Shares, Executive would agree to vote
                                        all of such Grant Shares in accordance
                                        with the recommendation of the Board of
                                        Directors of FAVS as to any matter
                                        subject to a vote of FAVS' stockholders;
                                        provided, however, that in the event the
                                        Board does not make a recommendation as
                                        to any matter subject to a vote of FAVS'
                                        stockholders, Executive would refrain
                                        from voting such shares with respect to
                                        such matter. This voting agreement will
                                        expire as to each Grant Share upon due
                                        transfer of ownership of the Grant Share
                                        to an individual or entity other than:
                                        (i) Executive; (ii) Executive's family
                                        member; or (iii) an individual or entity
                                        under the direct or indirect control of
                                        Executive; on the date of receipt by the
                                        Company of due notice of such transfer,
                                        all voting rights for such share shall
                                        become vested in the transferee.
                                        Executive further agrees upon request of
                                        the Company to execute a voting
                                        agreement and/or other documents
                                        provided by the Company to implement
                                        this provision.

                                 Page 12 of 14
<PAGE>

                                   SCHEDULE 3
                                   ----------

                 Proposed Terms of Incentive Stock Option Award

Number of Shares Underlying Option :    50,0000.

Option Price:                           The option price shall be $2.79
                                        per share.

Term:                                   Ten years

Vesting:                                Over three years, with one third of the
                                        Option shares exercisable on the first,
                                        second and third anniversary of the
                                        award.

Termination of Employment -             The Option may be exercised only to the
Retirement, Death or Disability:        extent to which it was exercisable at
                                        the time of Retirement, death or
                                        commencement of Disability, and may not
                                        be exercised after the earlier of the
                                        period of three months from the date of
                                        Executive's Retirement, death or
                                        commencement of Disability, and the
                                        expiration of the term of the Option.

Termination for Any Other Reason:       Option shall be forfeited on the date of
                                        expiration or termination of employment
                                        and shall not thereafter be exercisable
                                        to any extent.

Voting Agreement:                       As a precondition to any exercise of the
                                        Option, Executive would agree to vote
                                        all shares exercised pursuant to the
                                        Option in accordance with the
                                        recommendation of the Board of Directors
                                        of FAVS as to any matter subject to a
                                        vote of FAVS' stockholders; provided,
                                        however, that in the event the Board
                                        does not make a recommendation as to any
                                        matter subject to a vote of FAVS'
                                        stockholders, Executive would refrain
                                        from voting such shares with respect to
                                        such matter. This voting agreement will
                                        expire as to each share upon due
                                        transfer of ownership of share to an
                                        individual or entity other than: (i)
                                        Executive; (ii) Executive's family
                                        member; or (iii) an individual or entity
                                        under the direct or indirect control of
                                        Executive; on the date of receipt by the
                                        Company of due notice of such transfer,
                                        all voting rights for such share shall

                                 Page 13 of 14
<PAGE>

                                        become vested in the transferee.
                                        Executive further agrees upon request of
                                        the Company to execute a voting
                                        agreement and/or other documents
                                        provided by the Company to implement
                                        this provision.

                                 Page 14 of 14

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00125-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00125-of-00352.parquet"}]]