Document:

Termination of Property Management Agreement

 Exhibit 10.11 
  
 TERMINATION OF PROPERTY MANAGEMENT AGREEMENT 
  
 THIS TERMINATION OF PROPERTY MANAGEMENT AGREEMENT (this “Agreement”) is made as of May 24, 2007, by
WATSON & TAYLOR MANAGEMENT, INC. (“Property Manager”) and PRUDENTIAL-BACHE/WATSON & TAYLOR, LTD.-2, a Texas limited partnership (“Owner”). 
  
 WITNESSETH: 
  
 WHEREAS, Owner and ERIC G. MEYERS, an individual resident of the State of Maryland, JOHN P. KYLE, an individual resident of the State
of Maryland, and TERRY KORTH, an individual resident of the State of Maryland (collectively, “Purchaser”) entered into that certain Purchase and Sale Agreement dated March 27, 2007 (as the same may have been amended or modified, the
“Sale Agreement”), with respect to the purchase and sale of property located in Prince George’s County, Maryland (the “Property”); and 
  

WHEREAS, Property Manager has been retained by Owner to manage, administer and operate the Property in accordance with a management agreement
between Owner and Property Manager (together with any replacement or substitute agreements with respect thereto and any other agreements or course of dealing between Owner and Property Manager, the “Property Management Agreement”); and

  
 WHEREAS, Owner and Property Manager desire to terminate
the Property Management Agreement effective upon sale of the Property to Purchase under the Sale Agreement, as to the Property only (and not, if applicable, any other real property which is the subject of the Property Management Agreement).

  
 NOW, THEREFORE, for good and valuable consideration,
Property Manager and Owner hereby agree as follows: 
  

	 	1.	The Property Management Agreement is hereby terminated effective as of the date hereof and shall hereafter be of no further force or effect, as to the Property only (and not, if
applicable, any other real property which is the subject of the Property Management Agreement); provided, however, the provisions of the Property Management Agreement relating to transfer of property management functions, final accounting of funds
and records, and transfer of the Property shall survive the termination thereof as and to the extent contemplated therein, and Property Manager shall cooperate with Purchaser and Purchaser’s property manager in connection with the sale of the
Property. 

  

	 	2.	Property Manager will be paid in full for all services rendered by it with respect to the Property pursuant to the Property Management Agreement as of the date hereof, plus billings
for additional work by Property Manager personnel for pre-closing and post-closing periods subsequent to the date hereof. 

  

	 	3.	Property Manager hereby waives, releases and fully discharges, for itself and its successors and assigns, any and all liens and claims of lien, as well as any other rights, which it
has or may have with respect to the Property under or by virtue of any applicable law or ordinance. 

  

	 	4.	Owner and Property Manager hereby represent and warrant, each to the other, that they have not assigned any of their rights under the Property Management Agreement to any other
party. 

  

	 	5.	This Agreement shall bind the parties hereto and their respective heirs, executors and assigns and shall inure to the benefit of the parties hereto and Purchaser and their
respective heirs, executors and assigns. 

  

 1 

 IN WITNESS WHEREOF, this Agreement has been duly executed under seal as of the day and year first
above written. 
  

			
	 PROPERTY MANAGER:
  

	
	WATSON & TAYLOR MANAGEMENT, INC.
		
	By:	 	 /s/    GEORGE S.
WATSON

	 	 	 Name: George S. Watson

	 	 	 Title: Vice President

  

			
	 OWNER:
  

	 PRUDENTIAL-BACHE/WATSON &
 TAYLOR, LTD.-2, a Texas limited partnership
  
 By:
Prudential-Bache Properties, Inc., its
managing general partner

		
	By:	 	/S/    RICHARD WELCH
	 	 	 Name: Richard Welch

	 	 	 Title: President

  

 2Consulting Agreement

 Exhibit 10.1 
  

					
	 4775 M.L. King Jr. Pkwy
 Beaumont, TX
77704-1792
 (409) 838-0441
 Fax: (409) 838-1066

	  	

	  	 6410 Long Drive
 Houston, TX 77087
 (713) 644-8182
 Fax: (713) 644-7805

 November 26, 2003 
 Stuart Schube 
 Individually 
 Stuart Schube 
 President 
 Acorn Ventures, Inc.

 6324 Rutgers, Suite 900 
 Houston, Texas 77005 
 Dear Stuart: 
 I have enjoyed our discussions to date, and it
is my pleasure to offer to you and to Acorn Ventures, Inc. ("Acorn") the part-time role of corporate and strategic planning consultant to M&I Electric Industries, Inc. (the "Company"). Acorn agrees that Stuart Schube ("Schube") will perform the
services described below on behalf of Acorn. Any substitutions or additions must be approved in advance by the Company. The terms of Schube's and Acorn's retention by the Company are outlined below: 
 Acorn's role will be as stated above, and shall be responsible for assisting in corporate and strategic planning alternatives for the Company, with
Schube reporting to me as the President and CEO, and to the Board of Directors on stockholder issues. Separately from the consulting services, Schube has agreed to continue serving as a member of the Board of Directors of the Company without further
compensation except for the normal meeting fee and as stated in paragraph 2 below. The work for which Schube and Acorn have been retained is not a full-time position for Schube, but rather a task oriented position as described further in this
letter. We expect that Acorn's tasks will occupy no more than one-quarter of Schube's working time. In general we expect that during the next year, Schube will explore all areas necessary to improve the Company's cash flow and profitability,
including the elements for corporate growth, performing a full organizational study of management, an analysis of management compensation, and an evaluation of the Company's present business lines, including each line's performance and the nature of
each line's markets. All this will culminate in a recommendation regarding the Company's positioning itself for the future. It is envisioned that this work will be reported, discussed and implemented periodically throughout the term of this
agreement. 
  

 Motor & Generator Repair • Service & Construction • Switchgear & Controls • Electrical Equipment Testing and Technical Service 

 Mr. Stuart Schube 
 November
26, 2003 
 Page 2 
  

	2.	Acorn shall not receive any fixed total compensation. Separate and apart from serving as a director, Schube shall devote at least one (1) day per month to the Company's
business; in return for that first day's effort, the Company shall extend 100% paid health insurance to Schube. Schube may include his wife, Priscilla Schube, on the health insurance by payment of a monthly premium for her, on the same terms and
conditions as are offered to the undersigned under the Company's plan. After the first day, the Company shall compensate Acorn on an hourly basis for Schube's time in excess of the first day's effort (8 hours) at an hourly rate of $125 per hour. All
time that Schube expends on behalf of the Company, excluding Schube's time expended as a director, shall be compensated at this rate. Schube shall not expend more than forty (40) billable hours (over and above the first day for which health
insurance is offered to Schube) without the consent of the undersigned. The Company and Acorn have agreed that the minimum monthly payment under this arrangement shall be $1,500. 

  

	 3.
	 As an inducement for Acorn and Schube to render the above services, Schube shall be awarded a non-qualified stock option
to purchase 6,250 shares of the Company's common stock, that is, approximately 2  1/2% of the common stock
outstanding at this time. The options will be exercisable at $39.52 per share, the agreed fair market value of the shares at this time. The form of stock option will also have the normal protective provisions, including adjustments for stock splits
and dividends and other anti-dilution protection (except for the normal stock options or stock purchases by directors or employees) and credit against the exercise price for any dividends paid in cash or in kind. This option will be exercisable, in
whole or in part, once each year during the month of December beginning in 2003 and continuing until December 2008, as well as thirty (30) days before and after a Change of Control Event. All shares acquired by exercise of this option will be
subject to a buy-sell agreement in the form of Attachment B. 

  

	4.	The Company agrees that Schube and Acorn have commenced their duties effective October 1, 2003. 

  

	5.	The initial term of this engagement will be for one (1) year but will automatically renew for annual periods unless either Acorn or the Company notifies the other of a desire
not to renew no less than ninety (90) days prior to each annual renewal date. If the Company terminates this engagement (other than by an election not to renew) during any period without "Cause" (as defined in Attachment A hereto), the Company
will continue Schube's health Insurance and minimum monthly retainer of $1 300 until the end of the annual term then in effect, but for not less than ninety (90) days, at which time Schube may elect to participate as a director in the Company's
health insurance in accordance with the Company's policies in effect at such time. 

  

	6.	The Company agrees to pay certain fees to Acorn. (a) Change of Control Fee. The Company will pay a "success fee" (the "Fee") if while Schube is serving as a consultant to the
Company, the Company undergoes a Change of Control Event (as defined in Attachment A) inasmuch as we will expect to draw upon Schube's and Acorn's advice and experience in negotiating the terms and conditions of the Change of Control Event.

 Mr. Stuart Schube 
 November
26, 2003 
 Page 3 
  
 The Fee paid to Acorn if a Change of Control Event occurs will be based on the total value of the transaction; Acorn shall be paid 1% up to the reported
tangible net worth of the Company on the date of the transaction and 2% of the total value of the transaction in excess of the tangible net worth of the Company on the date of the transaction, (b) Acquisition Fee. On acquisitions
initiated by the Company involving the acquisition or disposition of any product lines or if the Company acquires any other company or line of business, Acorn shall be paid its regular hourly fee unless the parties agree otherwise. If the parties
agree otherwise, a percentage fee will be paid, as follows: 2% on the first $1 million in total value of the transaction; 1.5% on the amounts of total value of the transaction over $1 million but less that $10 million; and 1% on all amounts in
excess of $10 million in total value of the transaction. In computing the value of any transaction, all consideration paid or to be paid in the future shall be taken into account, including payments for non-competes and employment or consulting
agreements above then prevailing levels paid to the four largest shareholders of the Company at the date of this letter. All the Fees described above to be received by Acorn in connection with any Change of Control Event or any of the other listed
events shall be paid in cash upon consummation of such transaction, regardless of whether Acorn engagement hereunder has been terminated by the Company. If the Company terminates Acorn engagement hereunder, and the Company or any subsidiary
completes a Change of Control Even: or any of the other above listed events within 12 months of such termination, then the Company shall pay Acorn concurrently with the closing of such transaction the fees in cash described in this Paragraph 6 as
though Acorn had not been terminated, regardless of whether Acorn actually participate in such transaction. No fee paid or payable to Acorn shall be credited against any other fee paid or payable to Acorn, and all fees paid to Acorn shall not be
refundable under any circumstances. 
  

	7.	Schube will not be entitled to any fringe benefits except for the fully paid health insurance described above. Schube will be entitled to be reimbursed for all expenses reasonably
incurred in connection with his services described above. The Company agrees to indemnify and hold harmless Acorn and Schube and each of its employees. Affiliates, agents, counsel and other advisors, to the full extent allowed by law or equity, from
and against any and all judgments, losses, claims (whether or not valid), damages, costs, fees, expenses or liabilities, joint or several, to which such persons or entities may become subject, related to or arising out of Acorn's or Schube's
engagement or performance of services under this agreement, unless caused by an act or acts of gross negligence or willful misconduct of the persons or entities so indemnified. The above indemnification provisions shall survive the termination,
expiration, or supercession of this Agreement. 

  

	8.	This Agreement may only be amended or terminated by the written agreement of all parties. Should any dispute arise regarding this agreement or any related matter, the dispute shall
be arbitrated pursuant to the rules of the American Arbitration Association in Houston. Texas. 

 Mr. Stuart Schube 
 November
26, 2003 
 Page 4 
  
 Should Acorn choose to accept and the terms of engagement as stated above, please sign the duplicate original in the space provided below and return to me
at your earliest convenience. 
  

	
	Cordially,
	
	 /s/ Arthur G. Dauber

	Arthur G. Dauber, President and CEO

 AGREED TO AND ACCEPTED 
 This 26th day of November, 2003 
  

			
	 Acorn Ventures, Inc.

		
	 By:
	 	 /s/ Stuart Schube

		 	 Stuart Schube, President

 Mr. Stuart Schube 
 November
26, 2003 
 Page 5 
  
 ATTACHMENT A 
 For purposes of this Agreement: 
 "Cause" shall mean (i) the willful and/or material failure of Acorn or Schube to perform or observe (other than by reason of disability) any of the terms or
provisions of this Agreement, including the failure of Acorn or Schube to follow the reasonable written directions of the Company's Chief Executive Officer, (ii) dishonesty or misconduct on the part of Acorn or Schube that is or is reasonably
likely to be damaging or detrimental to the business of the Company, (iii) conviction of a crime involving moral turpitude by Schube, (iv) habitual insobriety or failure to perform duties due to abuse of alcohol or drugs on the part of
Schube, or (v) misappropriation of funds. 
 "Change in Control" shall mean: 
 (a) The transfer or sale by the Company of all or substantially all of the assets of the Company whether or not this Agreement is assigned
or transferred as a part of such sale; 
 (b) The transfer or sale of more than fifty percent (50%) of the outstanding
shares of Common Stock of the Company; or 
 (c) A merger or consolidation involving the Company in a transaction in which the
shareholders of the Company immediately prior to the merger or consolidation own less than fifty percent (50%) of the company surviving the merger or consolidation. 
 No restructuring of the Company into a holding company and a group of subsidiaries will constitute a "Change of Control" if the holding
company has substantially the same ownership as the company had before the restructuring.

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